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Topic: Sell in bottom, buy on the top ^^ - page 2. (Read 335 times)

jr. member
Activity: 89
Merit: 3
2 da Moon
July 17, 2018, 07:55:27 AM
#5
Your explanation is really useful for new traders but already everyone this fact so it is not useful to me. If you know any some other new information you should post here, I will appreciate your support but these points I heard previously so do research on good information we are all waiting for the new updates.
thanks.. Sure that's why i create this post to discuss and share Strategies.... that was few points from my head i usually use it in trade
if i have any new idea sure will share it here... i hope other people do the same .
jr. member
Activity: 89
Merit: 3
2 da Moon
July 17, 2018, 07:29:02 AM
#4
good points. just two things.
in your example about XCoin it is worth mentioning that when you are buying after a big dump like that you are taking a huge risk because of the ongoing panic that is going on. and the profit is a small one which comes from the dead cat bounce. so you must act super fast in cases like this.
second is mostly my preference about buying in. you said buy after a drop and at the bottom, but when it comes to altcoin trading i prefer to buy on the rise. for instance when some coin is starting to show signs of a pump and going up, i prefer to buy there because it means my money would stand idle in that coin for a much shorter time and the rise is more likely than when you buy at the bottom. in the later case you would have to wait a long time sometimes.
yes totally agree,  
about the second point.. yeah you can't define if this coin stop the dump Or not unless seeing the first green candles.. even you join in the second, third candle..  but you are not late you buy just you ensure this coin are going uptrend..
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
July 17, 2018, 07:25:31 AM
#3
Hello gentlemen !!  

In this post let's discuss about that theory < buy in the bottom sell on the top >

when any coin start to go down a high percentage -%% and you are thinking to join.. few steps put into consideration before buying :

- buy in bottom not dips.. make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably
it's just the beginning and preparing to dump again so you will surprise you had bought part of  TOP
sure to buy in dips and sell in temporary risen won't be profitable like buying in the bottom .

an example; total rise within couple of months for XCoin was 600% when it just dump in oneday 70% you will think it's a good opportunity
to grab it cheap.. but it may rebond 11% then continue dressing in red.

- always buy when people sell, sell when people buy.... patience in trade can help you in this point [ never hurry up to buy any X,Y,Z coins]
  keep confidence you won't lose if you not buy it cheap.. you will lose for buying it at any point randomly.

- As well when people Start to sell in panic... Wait until the price settles and preparing to bounce up before bulls move the market .

Ps: if you already have it within the [sell panic]  and according to your calculation it's may Continue dumping don't hesitate to sell it at suitable prices to rebuy it again at any cheap point.. it will be useful to recover your loss and turn it to pure profits.
  
- i always saying crypto are a risky place, and High risk = High returns.... So to beat tension and [be more brave ]
 to find a good entry and exiting point... buy only with the amount you afford to loss,  really it will be helpful to avoid selling in panic..
and Study the graph patiently without any Stress.. ^^

Conclusion;
That's in my humble Opinion some important points.. Feel free to share your strategies below this post...
we may be a good traders and experts if we helps each other.  Wink Wink
Your explanation is really useful for new traders but already everyone this fact so it is not useful to me. If you know any some other new information you should post here, I will appreciate your support but these points I heard previously so do research on good information we are all waiting for the new updates.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
July 17, 2018, 07:09:14 AM
#2
good points. just two things.

in your example about XCoin it is worth mentioning that when you are buying after a big dump like that you are taking a huge risk because of the ongoing panic that is going on. and the profit is a small one which comes from the dead cat bounce. so you must act super fast in cases like this.

second is mostly my preference about buying in. you said buy after a drop and at the bottom, but when it comes to altcoin trading i prefer to buy on the rise. for instance when some coin is starting to show signs of a pump and going up, i prefer to buy there because it means my money would stand idle in that coin for a much shorter time and the rise is more likely than when you buy at the bottom. in the later case you would have to wait a long time sometimes.
jr. member
Activity: 89
Merit: 3
2 da Moon
July 17, 2018, 06:48:45 AM
#1
Hello gentlemen !!  

In this post let's discuss about that theory < buy in the bottom sell on the top >

when any coin start to go down a high percentage -%% and you are thinking to join.. few steps put into consideration before buying :

- buy in bottom not dips.. make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably
it's just the beginning and preparing to dump again so you will surprise you had bought part of  TOP
sure to buy in dips and sell in temporary risen won't be profitable like buying in the bottom .

an example; total rise within couple of months for XCoin was 600% when it just dump in oneday 70% you will think it's a good opportunity
to grab it cheap.. but it may rebond 11% then continue dressing in red.

- always buy when people sell, sell when people buy.... patience in trade can help you in this point [ never hurry up to buy any X,Y,Z coins]
  keep confidence you won't lose if you not buy it cheap.. you will lose for buying it at any point randomly.

- As well when people Start to sell in panic... Wait until the price settles and preparing to bounce up before bulls move the market .

Ps: if you already have it within the [sell panic]  and according to your calculation it's may Continue dumping don't hesitate to sell it at suitable prices to rebuy it again at any cheap point.. it will be useful to recover your loss and turn it to pure profits.
  
- i always saying crypto are a risky place, and High risk = High returns.... So to beat tension and [be more brave ]
 to find a good entry and exiting point... buy only with the amount you afford to loss,  really it will be helpful to avoid selling in panic..
and Study the graph patiently without any Stress.. ^^

Conclusion;
That's in my humble Opinion some important points.. Feel free to share your strategies below this post...
we may be a good traders and experts if we helps each other.  Wink Wink
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