Topic: Just hold or sell high -> buy low from time to time? (Read 488 times)
I love buying the dips. Makes more money in the end usually for me. If there is a really bad coin though, I may just be left with holding heavy bags.
for me it is better to check the coins every day to see its status. trading needs a lot of patient and analysis it very difficult to predict. Buying on the lower price is good but check first the history of the coin. for me selling and buying alt time to time is one good trick. but of course you need to learn how that coin moves. Holdig it for to long have different effect in your profit. you can make high profit in trading but it is too risky than holding. Good luck to you pal!
Yes, I like this point that just hold or sell high.Because every trader understand make more profit with hold altcoin.And see market properly good for buy altcoin low for time to time.present time i am day trader but as soon as possible i am go ahead for holding trade.
I am still understanding and reinforcing my thinking about trading. But I'm trying it and keep trying. sometimes the worry is so great haunting me. which resulted in impatient and mis-making decisions.
The hardest thing to do in digital currencies is determine which coin is right for you. There are coins of all shapes and sizes, there are big sharks and there are little bottom feeders.
You first have to ask yourself, how long do you want to wait to generate a profit?
If you learn anything by investing from me, is this word "patience." There have been very very few times where i thought my investments died; i kept a close eye on them for a long period of time, and one day they were undergoing a pump and dump, enough time for me to break even or pull out with minimal damage.
Yes, the digital currency for trading on the exchange is difficult to predict. Volatility is one of the features of the digital currency. Her course is affected by a lot of factors, including poorly predictable. However, I consider trading on the stock exchange a fascinating activity. Here you need to read a lot, and analyze, and put on intuition, and the general movement of the market. You first have to ask yourself, how long do you want to wait to generate a profit?
If you learn anything by investing from me, is this word "patience." There have been very very few times where i thought my investments died; i kept a close eye on them for a long period of time, and one day they were undergoing a pump and dump, enough time for me to break even or pull out with minimal damage.
I honestly do a combination of all of the above. I will buy several coins when they're low and hold until it looks like they're beginning to peak, set a sell order at something satisfying, and repeat the cycle. I make good money doing it but only because I don't have the skill to do what some of the more successful traders do! Hopefully I can get better but we'll see. I definitely think that some mix has to be done.
This depends a lot on your approach to the market. If you don't have much time or the skills/patience, its better to just hold. If you have the time to look at charts and analyse them, you can try selling high and buying low - just keep in mind that many people try this and end up selling before it takes off or buying before it crashes 
Yes, I usually do this. Always try collect legit altcoins whenever price goes down. Take a look at over the marketplace, i suggest you to buy coins that are cheaper since u can make much more profit if they increase.
Buy when it's low, if it goes lower, buy more (if you have funds), if goes higher than your average, start selling. Not at once but in order to take profit as well hold for further rise.
Yes, I like this point that just hold or sell high.Because every trader understand make more profit with hold altcoin.And see market properly good for buy altcoin low for time to time.present time i am day trader but as soon as possible i am go ahead for holding trade.
You CAN make more money trading over holding, but it is riskier
The hardest thing to do in digital currencies is determine which coin is right for you. There are coins of all shapes and sizes, there are big sharks and there are little bottom feeders.
You first have to ask yourself, how long do you want to wait to generate a profit?
If you learn anything by investing from me, is this word "patience." There have been very very few times where i thought my investments died; i kept a close eye on them for a long period of time, and one day they were undergoing a pump and dump, enough time for me to break even or pull out with minimal damage.
You first have to ask yourself, how long do you want to wait to generate a profit?
If you learn anything by investing from me, is this word "patience." There have been very very few times where i thought my investments died; i kept a close eye on them for a long period of time, and one day they were undergoing a pump and dump, enough time for me to break even or pull out with minimal damage.
You pretty much can't calculate risk. You just need to decide on how much to invest in so that you won't lose much if the price crashes. The thing is, you can't make price predictions by charts and graphs alone. They're just a small part of what drives the prices up and down. Invest more time in reading news about bitcoin or whatever cryptocurrency you're investing in so you're early to know if the price is most likely gonna dip or rise.
It is better to buy low time to time. When you see a dip or a huge dump in the market then buy those dips and add the for your long term holding and just do the same thing as long as there is dump in the market and you will notice that you will gain bigger profits than bulk buyer and they just hold it for long term because buying bitcoin from dumps and holding for long term is the best strategy for me.
Base on my experience i always buy low time to time but i also sell it when the price go so high,i buy xem in poloniex not eth,doge,lite,only xem thats my way in investing i only monitor xem,i focus in xem only then if i perpect the system in trading in xem,i will do buy another coins then practice again in again thats my tactics
You can't. Don't trust technical analysis, make your decisions on the data you get from different informational sources. What you have described might be a pure luck. If you would've sold it another day you might've had a completely different outcome.
It's better to watch the coin at least once every day to determine how it's going as well as set an alarm through any apps to get it popped up when the price reaches to a level you are expecting. Selling or buying all at once is not the issue here but doing it properly is. Time gaps are not mandatory but a fresh mind is needed for sure to carry out your trades and buying back lower (a new low after its peak) doesn't guarantee that it will be above the same levels once again sooner (based on my experience). Changing coins according to time and buying one which is really low is the best way to succeed in alts trading. There's nothing available easy and it takes dedication and (chart) reading skills to succeed.
Hello, I've got a question about trading.
As I bought few months ago 21 LSK at around 4$ per unit and was holding hard until recently when I sold everything at almost 7$. Then I bought with my money again some LSK at lower prices but not all at once, in two diffrent trades and I've ended up with 22 LSK! That's one more than before, so it looks like trading from time to time is a good idea even if you hodl hard.
Now the first thing is that I shouldn't had sold all of my LSK at once (just half of it for example).
But the point of my thread is: how to calculate differences in selling and buying at highs / dips and ending up with more coins than before? Is there any easy formula to do it? How do you calculate the outcome and potential risk?
As I bought few months ago 21 LSK at around 4$ per unit and was holding hard until recently when I sold everything at almost 7$. Then I bought with my money again some LSK at lower prices but not all at once, in two diffrent trades and I've ended up with 22 LSK! That's one more than before, so it looks like trading from time to time is a good idea even if you hodl hard.
Now the first thing is that I shouldn't had sold all of my LSK at once (just half of it for example).
But the point of my thread is: how to calculate differences in selling and buying at highs / dips and ending up with more coins than before? Is there any easy formula to do it? How do you calculate the outcome and potential risk?
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