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Topic: Time to buy or sell? - page 5. (Read 1340 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 05, 2023, 05:48:40 AM
#91
experience should be the basis for being able to trade, if you don't want to experience the impact of losses. It must also be remembered that by having the courage to trade right away, of course every mistake can have a good impact because the mistakes will be used as lessons for future trading. but by not repeating the mistakes that have been made and continuing to improve ourselves and being more careful in our actions, it will make us wiser in our steps.
Mistakes if not costly can help, though they end up being costly for most. Tongue

Dummy trading before actual trading has helped many newbies get the hang of trading, knowing how to handle panicky situations and understanding how the market overreacts when a movement starts. The types of trading other than spot trading at all gambling, they are requiring your knowledge of past charts and also the luck factor comes in to play, they are at higher risk than spot trading. Mistakes done in them will not teach you lessons, but take away a lot of money.
sr. member
Activity: 826
Merit: 266
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March 05, 2023, 05:09:33 AM
#90
What I learned and the simplest thing I usually do when it's the right time to enter and exit a trade is to see from the confirmation of the candle pattern that is formed whether it has penetrated the resistance, which means continuing to increase. or has dropped past support which means it will decline further. and I always decide to buy when there is rejection in the support area. and sell on resistance when price is about to touch resistance. I've recently gone back to trying to learn while practicing live trading when I'm free. previously I only focused on DCA in bitcoin for the long term. I want to try to learn more this time. before I gave up. but this time I will be more serious.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
March 05, 2023, 12:04:03 AM
#89
Bitcoin Fear and Greed Index may be a great tool to get an idea when majority is buying and when there is extreme fear of buying. The ideal time to buy is when everyone is running away from buying i.e. extreme fear. Most of us don't buy when  market is in red. Its better to stay away from cheap coins rather better to invest money in solid things like bitcoin.
It makes things easier for someone who is lazy to check the volume of orders inside the exchange because I think a tool like that is also based on technical factors and they aren't simply predicting if what people thinks when the market is pumping and dumping. I think the market is composed mostly of veterans and experienced people.

These people will not be scared of the market crashes but they only sees this as a big opportunity to buy more coins. It was when the market is in bullish state is the ones that people are afraid of to buy because they think that any moment the price can collapse. For the newbies, they can act oppositely.
sr. member
Activity: 2478
Merit: 343
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March 03, 2023, 04:53:07 PM
#88
Timely investing is definitely profitable because investing when the market is down.
Aside from that, you get to put in just about enough not to get too emotional or feel as though you made a hasty decision.
You never relly take note of what have left you for an investment as per funds but then, when you realise just how much you've been able to accumulate or invest and what it might mean to you at that moment or in time, it becomes something you well enough ought to be proud of.

It's a step at a time and your crypto rich portfolio won't be far behind.
A good thing to do is not to be greedy. Only use the funds that are already allocated for this, we don't have to overspend thinking that it will profit more. Indeed it was possible but considering the risk, it should be wise to keep on the limit, not surpass it. And buying should be done during the dip and we are to be aware of the situation that we need to hold as well waiting for the next pump and selling them when it comes. It is an old tactic but still works fine as long as we are able to control ourselves and keep the focus on our goal which is to earn.
legendary
Activity: 1554
Merit: 1139
March 03, 2023, 03:45:29 PM
#87
Timely investing is definitely profitable because investing when the market is down.
Aside from that, you get to put in just about enough not to get too emotional or feel as though you made a hasty decision.
You never relly take note of what have left you for an investment as per funds but then, when you realise just how much you've been able to accumulate or invest and what it might mean to you at that moment or in time, it becomes something you well enough ought to be proud of.

It's a step at a time and your crypto rich portfolio won't be far behind.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
March 03, 2023, 10:44:58 AM
#86
Timely investing is definitely profitable because investing when the market is down.And selling later when the market rises again is a sign of good trending. But in my opinion new traders don't have that much experience due to which they face losses most of the time while trading. So to do trending, he must know good tips about the market.

New traders don't find the bear market condition as opportunity to buy but rather a situation where they need to get feared about the situation happen. Can't blame them to feel like that since this is what manipulators want since they want people to dump all they have so that their positions will be filled on more lower price. But for sure once those newbies are always do trades they realize that market down wards situation is the best time for them to acquire and sell later on once the price recovers or even pump for more.
full member
Activity: 784
Merit: 204
March 03, 2023, 03:27:28 AM
#85
When it comes to buying time then the main consideration that you should mind is on when the market is really on great fear and doubts on which this is the sweetest spot for you to consider on placing

up a position on where you could buy up cheaper coins but its not something simple that you could easily deal with.This market is truly that unpredictable and there's no way that we could really be able

to know on when would be the perfect spot or time on doing such action.This is why profitability would always vary on how someone do able to make out crucial buying and selling
decisions which would really vary on each individual.


Bitcoin Fear and Greed Index may be a great tool to get an idea when majority is buying and when there is extreme fear of buying. The ideal time to buy is when everyone is running away from buying i.e. extreme fear. Most of us don't buy when  market is in red. Its better to stay away from cheap coins rather better to invest money in solid things like bitcoin.

https://alternative.me/crypto/fear-and-greed-index/?daily_hash=804aedbee2fa0c0308b764203fe8532b60b9bcfe
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 03, 2023, 01:18:45 AM
#84
Timely investing is definitely profitable because investing when the market is down.And selling later when the market rises again is a sign of good trending. But in my opinion new traders don't have that much experience due to which they face losses most of the time while trading. So to do trending, he must know good tips about the market.
experience should be the basis for being able to trade, if you don't want to experience the impact of losses. It must also be remembered that by having the courage to trade right away, of course every mistake can have a good impact because the mistakes will be used as lessons for future trading. but by not repeating the mistakes that have been made and continuing to improve ourselves and being more careful in our actions, it will make us wiser in our steps.
hero member
Activity: 2730
Merit: 632
March 02, 2023, 04:54:46 PM
#83
Know when to buy crypto is very important to traders in the community,because it will help you to determine your future if you get it right by purchasing at low price  in the market. Those that purchased crypto when the price is low in the market always have something good to achieve at the end of their investments, which is the wish of every traders but it's only few that is getting it right by exercise patience for the price to decrease before they can buy and hold for a better future to come. But, know when to sell your crypto is very important as a traders which is the main reason some traders go into crypto trading just to be profitable at the end of their investment.
When it comes to buying time then the main consideration that you should mind is on when the market is really on great fear and doubts on which this is the sweetest spot for you to consider on placing

up a position on where you could buy up cheaper coins but its not something simple that you could easily deal with.This market is truly that unpredictable and there's no way that we could really be able

to know on when would be the perfect spot or time on doing such action.This is why profitability would always vary on how someone do able to make out crucial buying and selling
decisions which would really vary on each individual.
You are right on this one on where there's no way you could predict on where the prices would be heading and this would really boggle up your mind on what are the decisions
you should make and ensure or assuring out your profits or protecting it.Emotions do kicks in whenever we do really deal up something or making out decisions since we know
that probabilities of price swings could happen in a blink of an eye on which we are really that afraid on missing out the opportunity on making money.
This is where it do give out those kind of doubts.
member
Activity: 364
Merit: 33
March 02, 2023, 09:32:25 AM
#82
Timely investing is definitely profitable because investing when the market is down.And selling later when the market rises again is a sign of good trending. But in my opinion new traders don't have that much experience due to which they face losses most of the time while trading. So to do trending, he must know good tips about the market.
hero member
Activity: 2996
Merit: 609
March 01, 2023, 05:31:52 PM
#81
Know when to buy crypto is very important to traders in the community,because it will help you to determine your future if you get it right by purchasing at low price  in the market. Those that purchased crypto when the price is low in the market always have something good to achieve at the end of their investments, which is the wish of every traders but it's only few that is getting it right by exercise patience for the price to decrease before they can buy and hold for a better future to come. But, know when to sell your crypto is very important as a traders which is the main reason some traders go into crypto trading just to be profitable at the end of their investment.
When it comes to buying time then the main consideration that you should mind is on when the market is really on great fear and doubts on which this is the sweetest spot for you to consider on placing

up a position on where you could buy up cheaper coins but its not something simple that you could easily deal with.This market is truly that unpredictable and there's no way that we could really be able

to know on when would be the perfect spot or time on doing such action.This is why profitability would always vary on how someone do able to make out crucial buying and selling
decisions which would really vary on each individual.
full member
Activity: 2254
Merit: 188
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 28, 2023, 11:14:59 PM
#80
Know when to buy crypto is very important to traders in the community,because it will help you to determine your future if you get it right by purchasing at low price  in the market. Those that purchased crypto when the price is low in the market always have something good to achieve at the end of their investments, which is the wish of every traders but it's only few that is getting it right by exercise patience for the price to decrease before they can buy and hold for a better future to come. But, know when to sell your crypto is very important as a traders which is the main reason some traders go into crypto trading just to be profitable at the end of their investment.
legendary
Activity: 1974
Merit: 3049
February 27, 2023, 12:39:50 AM
#79
An investor always knows that the best time to invest can be any, except when you are in a Distribution Stage or in a bearish trend, that is something that every investor knows, however the market is so difficult to analyze that I think the stage under which we are living is that of a re-accumulation, of course I say this according to my personal analysis based on Wyckoff's theory without complying or seeing a defined pattern, only analyzing under the basic principles, I may be wrong, but according to the topic of the thread, it is a great opportunity that there is already to buy.

You never know then bearish trend is over and you never know when ATH will be. So in theory you just should catch a moment when the price is lower than an average and hold until you need to sell. And in practice if everything was so easy everyone would be investors and traders. And most suggestive in this topic is that a majority (including me) supposes that it is a good time for buying if you are an investor. We all know that a majority in crypto can be wrong often enough... I don't change my position, but it makes me nervous a bit. Grin
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
February 26, 2023, 09:47:21 AM
#78
Right or bad moment for investing or selling cryptocurrency assets based on how bullish and bearish, some time little mistake with some investor and most excited when market on green or all cryptocurrency with higher price. Got risk and invested without think what happen later when price suddenly drop.

I am an investor typical most patience waiting when Bitcoin or altcoin drop to lower price and right time for buying and price increasing few percent this moment for selling. Not typical as investor for long term after earning profit and I won't loss my chance keep hold it.
An investor always knows that the best time to invest can be any, except when you are in a Distribution Stage or in a bearish trend, that is something that every investor knows, however the market is so difficult to analyze that I think the stage under which we are living is that of a re-accumulation, of course I say this according to my personal analysis based on Wyckoff's theory without complying or seeing a defined pattern, only analyzing under the basic principles, I may be wrong, but according to the topic of the thread, it is a great opportunity that there is already to buy.
sr. member
Activity: 2114
Merit: 309
February 25, 2023, 03:46:36 PM
#77
Right or bad moment for investing or selling cryptocurrency assets based on how bullish and bearish, some time little mistake with some investor and most excited when market on green or all cryptocurrency with higher price. Got risk and invested without think what happen later when price suddenly drop.

I am an investor typical most patience waiting when Bitcoin or altcoin drop to lower price and right time for buying and price increasing few percent this moment for selling. Not typical as investor for long term after earning profit and I won't loss my chance keep hold it.
full member
Activity: 2128
Merit: 180
February 25, 2023, 01:16:39 PM
#76
Technically, The trend is beginning to change direction since the beginning of January 2023 and Bitcoin has so far made about 40% recovery from its last dip. Has also breaked some key resistance level and turning those resistance levels into support (RBS), Technically which is healthy for our entire crypto market. From my perspective I'm more bullish on Bitcoin than bearish, looking at some fundamental factors and Technical indicators. I do think that starting to Buying Bitcoin right now makes a whole lot of sense as a future investment.
The market is just consolidating, and waiting for the moment to rise again so I believe that this can be a good opportunity to buy good coins again considering its price trend and the market sentiment. If you will see its recent volume, you can confirm the possible trend of the market and probably this year is a good year for crypto again. Just trade with your analysis because if you skip this part, you might not be able to maximize the market opportunity, so trade responsibly.
hero member
Activity: 518
Merit: 547
February 25, 2023, 11:05:18 AM
#75
I would say, Forget those patterns.
It depends on what you are holding and Depends on your position as well. There are two types of crypto holders: long-term holders and day traders. Each type has another two classes. Bitcoin and Shitcoiner. Now please tell me which one you are.

If you are not a long-time holder, When you buy the coins, You must set a target that you will sell at some point and how much profit you are looking for. I don't know day traders' strategy, but the only thing is never sold at lose. Wait for the perfect time and sell it even with a small profit. Wait for a little more for a dip and buy again to sell in profit again. This is the life of day traders or short-term traders. If you are shit-coiner, Nobody knows when your coin will pump, make your own decision if you want to hold it or not. It's up to you.

If you are a Bitcoiner and long-term holder. There is no sell time. Just accumulate your sats. Do DCA every week. Buy less sats when it pumps and buy more when it's on a dip. Wait for bull run and you will make good money.
legendary
Activity: 1974
Merit: 3049
February 25, 2023, 10:29:54 AM
#74
Just the sentence of "you haven't lost until you exit it to fiat" is beyond the understanding of many people. I don't get it, why is it so hard for them to understand this
...

Because they have a lack of a basic financial education. Probably they haven't studied economy at the school or lessons of economy were too superficial. Usually if we understand some things better than others it is based on another things we've learned. To understand basics of finance we learned maths, then learned basics of economy and now understand basics of finance. Any gap in education can lead to misunderstanding and losses. Like in the situation when people sell bitcoin too early just because of bear market trend when they'd better hold until bulls. And as for now some will get FOMO because they bought at 24k+ and now it is just 23k+. And both these rates are good for long term investments.
legendary
Activity: 1554
Merit: 1139
February 24, 2023, 06:08:26 PM
#73
Buying is actually a good move though we really have to go through different levels of emotions and deeper patience to wait since we have no idea when the bullish season would start. Just buy, hold patiently, and wait until Bitcoin reaches its best price. I don't think waiting for the dip before buying will be a good move because we got no idea when another dip would happen. Just grab the chance to buy now which is also a good start to hold.
The market is fulled of high volatility and one can either be in profits or loss within. Top influencers in the market brings about legit information about the project that will pump but their signals are not 100% accurate. I've been practically patience in the past few months inother to hold down my positions for the bull moment of bitcoin and altcoins. Buying and holding is a repeated trading strategies that circulated round the space for traders. Buying during the bear season is actually one of the good profits one could easily make in the bull season. Dipping coins triggered good entries on the market with more confidence boosted for trading positions.
Buying in the bear market is actually profitable but, keeping a season for buying isn't always the best way to increase your portfolio. You'll find yourself waiting on an imaginary time of which, its unpredictable given by the volatility of the market and when you get to realise it, you just might not have the funds to invest in the market and just like that, you've lost your chance to buying at some of the best price.
It's best to buy in the bears but, better still, buy when you've got funds and your portfolio would be rich before you realise it.

After that, your next option would be learning how to hodl. It's the way to ensure your profit and reward on time spent comes through.
hero member
Activity: 2968
Merit: 640
February 24, 2023, 12:31:44 PM
#72
Buying is actually a good move though we really have to go through different levels of emotions and deeper patience to wait since we have no idea when the bullish season would start. Just buy, hold patiently, and wait until Bitcoin reaches its best price. I don't think waiting for the dip before buying will be a good move because we got no idea when another dip would happen. Just grab the chance to buy now which is also a good start to hold.
I do not think that you should, I mean you could, but you shouldn't. I know that buying could give you all sorts of feelings when you are waiting and that is understandable but you shouldn't really do that at all, you should be avoiding it as much as you possibly could in order to make sure that you can wait as long as you can.

I am not saying that it is going to work better for you, it may or may not work better but at the end of the day it is going to end up being an issue if you keep trading based on your emotions. I suggest just ignoring them and stop feeling or even stop checking the price, buy and completely ignore it and you should be doing better in the long run.
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