We are going through a correction right now. I think it will go on for a couple of days, so that's your window of opportunity to buy cheap.
This is exactly what I'm thinking
Topic: Signs of corrections? (Read 133 times)
This is exactly what I'm thinking
We are going through a correction right now. I think it will go on for a couple of days, so that's your window of opportunity to buy cheap.
BTC prices will fluctuate with the market, which is normal, I think, most people find it hard to find the best time to sell. Do you think the current price allows you to get enough profits, that is the best time.
I think it is a lot harder now to see corrections coming now that Wall Street have the ability to short and long bitcoin futures in a big way.
Well in my opinion if bitcoin goes up too much it is time for correction. I mean if the price goes 100% up from previous correction it is time for that. But if you are holder you dont need to care. I am holder!
That is a question for all people to ask. Even the best wall street analyst can fail. You can eliminate loss by diversifying assets.
How do i see those darn corrections coming and know when to sell!
When you feel that it is enough for you, since further uncertainty, then immediately sell. Or just observe the state of the account, and also analyze the next rise, not forgetting to look back.
How do i see those darn corrections coming and know when to sell!
It's always hard to time the market. One way would be to sell every time Bitcoin sets a new high. You might not sell at the absolute top but there is likely to be a correction after a new found high point.
Why not just save money to invest on the dips, adding to your balance, rather than just selling and buying and selling and buying.
Timing the market remains impossible...even with Bitcoin!
If you see unusual high growth that is unnatural and it goes on for a few days to weeks you'll know that a correction is coming.
follow the forecasts of experts and analysts.
Heh. Well alot of people are apparantly able to sell at good times and buy again low, so there has to be a somewhat reliable way.
Well, considering that the people selling at a good time have to sell to people buying at a bad time, and people buying low have to buy from people selling low, i think that it shows that there is not a reliable way.
Heh. Well alot of people are apparantly able to sell at good times and buy again low, so there has to be a somewhat reliable way.
How do i see those darn corrections coming and know when to sell!
You don't have a time machine? I thought every investor has a time machine. If you want to invest, you really must have a time machine. How else are you going to travel into the future in order to find out what to invest and what not to invest in?
How do i see those darn corrections coming and know when to sell!
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