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Topic: Just because prices are high, doesn't mean that is a good investment. - page 2. (Read 714 times)

hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
You investing in a coin because the price have gone up is really a bad idea most of us that have been in Cryptocurrency for a long period of time have different experience about cryptocurrency, I believe we have all seen a situation where the team of a project pump the coin there self just to attract investors and then later dump it on investor so pls don't invest in a coin because the price have gone high.
Yes, there are coins that are highly manipulated by the teams. While choosing an investment of is a must to go with a coin that grows without any external factors. There are pump and dump groups that do this. Just shatter the coin once good investment is attracted towards it. So, many things are to be noted before investing. It is good to invest on well known cryptocurrencies of the top order than unknown coins.
hero member
Activity: 1484
Merit: 928
You investing in a coin because the price have gone up is really a bad idea most of us that have been in Cryptocurrency for a long period of time have different experience about cryptocurrency, I believe we have all seen a situation where the team of a project pump the coin there self just to attract investors and then later dump it on investor so pls don't invest in a coin because the price have gone high.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Yes, I do agree that just because prices are high, doesn't mean that is a good investment. We must look for the market trends and people's views regarding any product or goods. Demand and supply is an important key factor in the price hike. If there would a huge demand for any product it would definitely impact the supply which would result in a price hike. What I believe here is quality is more important than quantity. Always try to invest in some stable and long run items the market trend must be considered as well.
sr. member
Activity: 1274
Merit: 293
There are some exceptions to rule though like bitcoin which even though it's going down, the price is still expensive for everyone, but you're right that we should be cautious, it's not like your investments are going to go up indefinitely without suffering any loss, that's just utterly impossible.
hero member
Activity: 1106
Merit: 506
price cant be one of the benchmark for investment, but this statement not 100% true. sometimes, high price can be good investment, with many rule inside. low price, doesnt mean you should buy that thing than it price will raise as much as it can, no. you can buy low price be high price if the rule accepted.
we should know about that history if we want gain money back.
sr. member
Activity: 1988
Merit: 275
It's always a good buying moment when the price is certainly low, but that does not mean that we should buy all those coins who have low prices.

That's the main concern of others, how to determine if the price can now be called "low"?

In that particular situation, people should make their own factors and criteria on how to able to know or determine if the coin's price is now good to buy.

I suggest that they just need to continue working with any strategies. As soon as they are used to it, they can now, at least, make a decision if the certain coin is now reaching its buying point without looking at the market chart.

A lot of these coins with low prices are not worth to invest with. One should look about the reason why it exists and why would it continue to exist? If you find that it has active application in the market and people are indeed using their app or services , then, they have chance to survive. But if not, don't bother buying this coin even if it is very cheap. Because you may be buying cheap coins but later on, it will be worthless and you are just holding worthless coins.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
It's always a good buying moment when the price is certainly low, but that does not mean that we should buy all those coins who have low prices.

That's the main concern of others, how to determine if the price can now be called "low"?

In that particular situation, people should make their own factors and criteria on how to able to know or determine if the coin's price is now good to buy.

I suggest that they just need to continue working with any strategies. As soon as they are used to it, they can now, at least, make a decision if the certain coin is now reaching its buying point without looking at the market chart.
sr. member
Activity: 1876
Merit: 318
It is recommended not to buy on highs as after a rapid growth, it must be a correction, so you may lose. It is better to buy only on dips. Personally I follow such a strategy of buying on drawdowns and then hold. If you buy on highs, you are greedy, so you will not earn. You should sometimes let the bull run go and wait for the correction accumulating stable coins so as to buy when it will be the high time.
When we want to buy we need to look at the conditions and analyze them so that the decisions we make can be right,
and indeed the right time to buy is certainly when the price is down,
the most important thing is to continue to follow the movement and development of the price
It's always a good buying moment when the price is certainly low, but that does not mean that we should buy all those coins who have low prices. Others might don't have the potentials to grow more, so we'll still end up losing. Just like never be deceived with all those coins who have high prices because not really all of them are good investments, some of them are just hyped, and when the hype is done, their value will definitely fall again. Although having a high price means there is a high demand on it, but still always DYOR so we will not end up regretting because we do invest in those wrong coins.

It is true that coins with high pumps are not always good for investment, sometimes the coins are manipulated and hype occurs. If we choose coins
like that, the risk is very high, even though we buy them at low prices, there is no guarantee that the coins will pump high again. That's why
it's important for us to do our own research and analysis, to make sure the coins we choose are worth buying. That's why I always say over and over
that don't invest based on other people's opinions, because sometimes some influencers often influence investors to invest in the coins that
he recommends. In fact, these influencers only use their followers to create FOMO and provide personal benefits. So make it a habit to believe
in yourself, and learn to do the analysis correctly, thus preventing us from investing in the wrong coins.
hero member
Activity: 2856
Merit: 667
It is recommended not to buy on highs as after a rapid growth, it must be a correction, so you may lose. It is better to buy only on dips. Personally I follow such a strategy of buying on drawdowns and then hold. If you buy on highs, you are greedy, so you will not earn. You should sometimes let the bull run go and wait for the correction accumulating stable coins so as to buy when it will be the high time.
When we want to buy we need to look at the conditions and analyze them so that the decisions we make can be right,
and indeed the right time to buy is certainly when the price is down,
the most important thing is to continue to follow the movement and development of the price
It's always a good buying moment when the price is certainly low, but that does not mean that we should buy all those coins who have low prices. Others might don't have the potentials to grow more, so we'll still end up losing. Just like never be deceived with all those coins who have high prices because not really all of them are good investments, some of them are just hyped, and when the hype is done, their value will definitely fall again. Although having a high price means there is a high demand on it, but still always DYOR so we will not end up regretting because we do invest in those wrong coins.
full member
Activity: 1610
Merit: 103
The OGz Club
It is recommended not to buy on highs as after a rapid growth, it must be a correction, so you may lose. It is better to buy only on dips. Personally I follow such a strategy of buying on drawdowns and then hold. If you buy on highs, you are greedy, so you will not earn. You should sometimes let the bull run go and wait for the correction accumulating stable coins so as to buy when it will be the high time.
When we want to buy we need to look at the conditions and analyze them so that the decisions we make can be right,
and indeed the right time to buy is certainly when the price is down,
the most important thing is to continue to follow the movement and development of the price
hero member
Activity: 1358
Merit: 513
It is recommended not to buy on highs as after a rapid growth, it must be a correction, so you may lose. It is better to buy only on dips. Personally I follow such a strategy of buying on drawdowns and then hold. If you buy on highs, you are greedy, so you will not earn. You should sometimes let the bull run go and wait for the correction accumulating stable coins so as to buy when it will be the high time.
legendary
Activity: 2534
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I think a lot of things are overpriced including btc, can we really say this price at which btc is trading is the actual value base on its fundamental and usage! It is hard to telll, but investors seem to develop more interest whenever the btc price is increasing, it is like a norm especially in the crypto space when people consider a project successful when it's able to attain a high price, the fundamentals always comes last.
Technically speaking since the price of everything is always determined by supply and demand this means that the price that something has is always its correct price, you may think the price of bitcoin and many other assets is overpriced but if this is what the market dictates then that is its true price, as if the price is currently at 63k you are not going to find anyone willing to sell for a price much lower than that.

However even if you are correct and the price of bitcoin is too high compared to its fundamentals now we need to wonder why this is the case? And I think that people are not really confident the economy is going to recover at the speed governments want, and this means they are looking for a way to protect themselves and this means they have to buy bitcoin for a premium as many people are thinking and doing the same thing.

Well, only those who have certain powers are the ones who have access to having BTC at a premium price, currently the price of BTC is given by the amount of demand and that demand has a lot to do with adoption, it is the only way by which the price is growing at the moment for this reason it is not unreasonable to invest in BTC despite the latent risk of a possible very radical fall, many are betting on it, in fact when they see such high prices in BTC they are in doubt For investors and some prefer to withdraw for fear of losing what they have invested, it does so as a way to protect itself.
hero member
Activity: 2702
Merit: 704
I think a lot of things are overpriced including btc, can we really say this price at which btc is trading is the actual value base on its fundamental and usage! It is hard to telll, but investors seem to develop more interest whenever the btc price is increasing, it is like a norm especially in the crypto space when people consider a project successful when it's able to attain a high price, the fundamentals always comes last.
Technically speaking since the price of everything is always determined by supply and demand this means that the price that something has is always its correct price, you may think the price of bitcoin and many other assets is overpriced but if this is what the market dictates then that is its true price, as if the price is currently at 63k you are not going to find anyone willing to sell for a price much lower than that.

However even if you are correct and the price of bitcoin is too high compared to its fundamentals now we need to wonder why this is the case? And I think that people are not really confident the economy is going to recover at the speed governments want, and this means they are looking for a way to protect themselves and this means they have to buy bitcoin for a premium as many people are thinking and doing the same thing.
legendary
Activity: 2422
Merit: 1102
you shouldn't look at the "growth of the coin" (not even sure what that means) when considering the  price and investment. You should be looking at the supply and the market capitalization. A coin having a high value doesn't mean its a good coin. The supply might be very low causing the price to be very high. Look at the marketcap.
Even you are sounding like having all the valid arguments, when we are considering the case of bitcoin, it is valuing high today because people feel and find it is a good investment and moreover it is time proven. Bitcoin is consistently growing higher and higher for every four years which makes it is a good investment and being a good investment helps it to have higher value; an interlinked reaction.

Basically bitcoin is having higher value because of it limited supply. Yeah, limited supply must be a initial trigger for attracting investors and then higher value again attracts investors to have further higher value. So, a chain reaction happened and will keep happening in near future as well. Hence, these higher values are not due to manipulation but for a reason which means bitcoin must be a good investment unlike what OP argues.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
No, high price does not determine or mean that an asset is a good investment. Any project can be given any price as long as the team behind the project wants it to start from that price. Developers can decide to set the price of their coin starting from $100 when they launched the project, that doesn’t mean that the project is going to be a good investment.

So when considering an investment to make in the cryptocurrency market, it's not really advisable to be looking at how high the price of that coin is . What you should be looking at is the growth of that coin, the growth of a particular coin is what shows the success.

If it's a decentralized currency, then no, the developers don't set the price. The market decides the price. But if most of the supply/coins are held by the developers, then yeah, they can decide/control the price. They can manipulate the price for their own advantage. And no, you shouldn't look at the "growth of the coin" (not even sure what that means) when considering the  price and investment. You should be looking at the supply and the market capitalization. A coin having a high value doesn't mean its a good coin. The supply might be very low causing the price to be very high. Look at the marketcap.
Some coins will have a high price and when you check the chart you will see that it is mostly going down and not even increasing that much. So, it’s not worth it at all.
So according to you, when the price starts to crash, the coin is useless?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
This is what newbie investors think: high price equate to the performance of an asset. While it holds some degree of truth to it, it still isn't enough since some are just partially inflated and are pumped temporarily to attract more and more people. I've been asked by some of my friends on whether or not buying bitcoin, or any other crypto at X price is smart. I just say that if their wallet can afford to lose the money they want to invest, and if they have done their research well enough, that is when buying such crypto becomes justified.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
No, high price does not determine or mean that an asset is a good investment. Any project can be given any price as long as the team behind the project wants it to start from that price. Developers can decide to set the price of their coin starting from $100 when they launched the project, that doesn’t mean that the project is going to be a good investment.

So when considering an investment to make in the cryptocurrency market, it's not really advisable to be looking at how high the price of that coin is . What you should be looking at is the growth of that coin, the growth of a particular coin is what shows the success. Some coins will have a high price and when you check the chart you will see that it is mostly going down and not even increasing that much. So, it’s not worth it at all.

You have to consider everything behind. Following your statement, developers can easily place the price and they can also hype it up. That's how most scammers are doing, they alluring investors to believe that the project are good as it's getting attentions and hypes are really moving the value up, unknowing that's it's just an artificial pump where at any moment dumped can happen right away.

Make sure to deal with good research, investigate deeper and not just follow or invest in the project without doing your homework.

Most of those who perform all these precautions are succeeding from this investment venue.
sr. member
Activity: 2226
Merit: 347
This argument also has another side.

It also doesn't mean it is a good investment because it is cheap neither.

So a good investment usually don't depend on the price. High prices and go higher and low prices can go even lower.

It might not be a good investment when it is high already but how do you know it is not going even higher?
High price does significantly means that there's a demand which is the most important factor where people should really consider on looking on because it wont able to reach out that state if it doesnt really have any potential or real use case on where the community could look upon and decide whether they do tend to engage out or would simply ignore. It is indeed true that everything will not really vary on the price because there are some offerings which are
expensive but not really totally that has potential but we have seen on how bitcoin did reach out this price which do came first from on the floor.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
No, high price does not determine or mean that an asset is a good investment. Any project can be given any price as long as the team behind the project wants it to start from that price. Developers can decide to set the price of their coin starting from $100 when they launched the project, that doesn’t mean that the project is going to be a good investment.

So when considering an investment to make in the cryptocurrency market, it's not really advisable to be looking at how high the price of that coin is . What you should be looking at is the growth of that coin, the growth of a particular coin is what shows the success. Some coins will have a high price and when you check the chart you will see that it is mostly going down and not even increasing that much. So, it’s not worth it at all.
sr. member
Activity: 1484
Merit: 277
I have seen this kind of argument that just because the price of a commodity is high means that it is a great investment.

To a certain extent, a high price often means that investors have faith in the fundamentals of the commodity (For example, one of the most expensive shares in the American stock market is Berkshire Hathaway, which has consistently outperformed the S&P 500 since 1965).

However, there is the potential that high prices don't actually show genuine interest in a stock, but rather frenzied speculation on a commodity that has poor fundamentals.

A prime example of this happening was at the dot com bubble in the early 2000s.

What happened was companies that were, to be frank, pretty shit had managed to get multi-billion dollar evaluations because investors believed that the internet had fundamentally changed the business landscape forever.

As a result, people quit their jobs to trade full time, media stoked up the desires of getting rich and everyone believed that this gravy train will carry on rolling on and on forever.

Then the combination of increased interest rates, the majority of the aforementioned companies burning through cash and investors becoming aware of it all lead to the technology and by extension the entire economy to collapse while a few key members making big money.

This entire situation was the very exemplar of the title as companies that had billions of dollars turned out to be worthless at the end.

Be vigilant.
It doesn't mean that when the price of bitcoin is too high, it is already good for investment. No, it's not like that, maybe, the price of it is good for now, but we can't predict what will happen in the future. It's better to choose a good coin, a coin with lot of potential for you to invest. Bitcoin is not a company or even owned by us. We all are free to keep or sell our coins. It is us who will decide the value of Bitcoin.
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