Time to buy or sell? - page 7. | Bitcointalksearch.org

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Quote from: michellee on February 21, 2023, 01:51:42 AM

Quote from: jokers10 on February 21, 2023, 01:26:41 AM

Quote from: michellee on February 20, 2023, 10:43:30 AM

For now, trading and investing can still be an option because both can provide short, medium and long term benefits. And it depends on how good you are at mastering the analysis that can help you know when you can enter the market.

But if you are afraid to trade and decide only to invest because the movement is still unstable and can decrease the price like it is now, you can buy and hold it for a while. And even though the price may increase again later, even to the $30k mark, it still seems like a good price to buy bitcoins since the last ATH was at $60k. So buying bitcoins at $60k can still be considered an investment price.

When I talk at the moment in this case I really mean at the moment, so it is not about this year or for several months. I expect that bitcoin will go down soon enough for short term traders to buy it cheaper and then sell again costlier (it is not an advise, my predictions are not even close to 100%, so I can be very mistaken). So investing at the moment is still good as if you hold long enough less then 25k for bitcoin is a good price, but short term trading has other senses (and I prefer not to play with it as I'm not experienced enough for that).

Right, I agree with you. $24k-$30k is still a good price to get bitcoins considering they can go back to previous peaks so if we can get lots of bitcoins at the current price and hold them until they make the next peak, we should be making a huge profit. And this has happened before so that many people can make big profits.

But if the price can't increase this year, next year, or the next few years, it won't be a problem because we still have the opportunity to get those big profits. But holding bitcoins is not easy. Not many people can do it because most people will panic or worry when they see the price increase and eventually decide to sell their bitcoins instead of worrying every day.

Short term trading in my opinion is still a good option if you buy at the right time, and some investors do this which makes bitcoin gradually increase.
if we remember the price of bitcoin was 17k and that was a good price to buy and a lot of short term traders sold when the price of bitcoin was 20k-21k which was only a few weeks, and it repeated many times. Then buy at 20k-21k traders sell at 24k-25k and so on I think bitcoin price will reach 28k-29k in March.
So I think now is a good choice to trade short term if you do it right and it would be better to trade long term or invest in bitcoin even any investment has risks but if we believe and have strong patience I believe it will work.
And that panic only happens mostly to beginners because those who have been in this industry for a long time see that they are very familiar with bitcoin and know its tracks which in my opinion does not make them panic even when they are down. Because believing that it will bounce back eventually and in the long run is the best and safest choice, and also short term trading is good when the market is on a gradual rise.

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Quote from: jokers10 on February 21, 2023, 01:26:41 AM

Quote from: michellee on February 20, 2023, 10:43:30 AM

For now, trading and investing can still be an option because both can provide short, medium and long term benefits. And it depends on how good you are at mastering the analysis that can help you know when you can enter the market.

But if you are afraid to trade and decide only to invest because the movement is still unstable and can decrease the price like it is now, you can buy and hold it for a while. And even though the price may increase again later, even to the $30k mark, it still seems like a good price to buy bitcoins since the last ATH was at $60k. So buying bitcoins at $60k can still be considered an investment price.

When I talk at the moment in this case I really mean at the moment, so it is not about this year or for several months. I expect that bitcoin will go down soon enough for short term traders to buy it cheaper and then sell again costlier (it is not an advise, my predictions are not even close to 100%, so I can be very mistaken). So investing at the moment is still good as if you hold long enough less then 25k for bitcoin is a good price, but short term trading has other senses (and I prefer not to play with it as I'm not experienced enough for that).

short-term trading is more complex, where we have to create a framework to determine the buying area at the formed support. for the long term I think there is no problem considering the highest ATH is $ 64K, considering that the decline has exceeded 50%, and is the golden area between 50-61 on the Fibonacci line. therefore we must understand very well the purpose of our transaction for the short term or long term, for beginners it is better for long term investment, buy and hold it until you make a profit

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Quote from: jokers10 on February 21, 2023, 01:26:41 AM

Quote from: michellee on February 20, 2023, 10:43:30 AM

For now, trading and investing can still be an option because both can provide short, medium and long term benefits. And it depends on how good you are at mastering the analysis that can help you know when you can enter the market.

But if you are afraid to trade and decide only to invest because the movement is still unstable and can decrease the price like it is now, you can buy and hold it for a while. And even though the price may increase again later, even to the $30k mark, it still seems like a good price to buy bitcoins since the last ATH was at $60k. So buying bitcoins at $60k can still be considered an investment price.

When I talk at the moment in this case I really mean at the moment, so it is not about this year or for several months. I expect that bitcoin will go down soon enough for short term traders to buy it cheaper and then sell again costlier (it is not an advise, my predictions are not even close to 100%, so I can be very mistaken). So investing at the moment is still good as if you hold long enough less then 25k for bitcoin is a good price, but short term trading has other senses (and I prefer not to play with it as I'm not experienced enough for that).

Right, I agree with you. $24k-$30k is still a good price to get bitcoins considering they can go back to previous peaks so if we can get lots of bitcoins at the current price and hold them until they make the next peak, we should be making a huge profit. And this has happened before so that many people can make big profits.

But if the price can't increase this year, next year, or the next few years, it won't be a problem because we still have the opportunity to get those big profits. But holding bitcoins is not easy. Not many people can do it because most people will panic or worry when they see the price increase and eventually decide to sell their bitcoins instead of worrying every day.

jokers10

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Quote from: michellee on February 20, 2023, 10:43:30 AM

For now, trading and investing can still be an option because both can provide short, medium and long term benefits. And it depends on how good you are at mastering the analysis that can help you know when you can enter the market.

But if you are afraid to trade and decide only to invest because the movement is still unstable and can decrease the price like it is now, you can buy and hold it for a while. And even though the price may increase again later, even to the $30k mark, it still seems like a good price to buy bitcoins since the last ATH was at $60k. So buying bitcoins at $60k can still be considered an investment price.

When I talk at the moment in this case I really mean at the moment, so it is not about this year or for several months. I expect that bitcoin will go down soon enough for short term traders to buy it cheaper and then sell again costlier (it is not an advise, my predictions are not even close to 100%, so I can be very mistaken). So investing at the moment is still good as if you hold long enough less then 25k for bitcoin is a good price, but short term trading has other senses (and I prefer not to play with it as I'm not experienced enough for that).

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Quote from: hack3rcon on February 07, 2023, 07:13:06 AM

Hello,
I found following Crypto chart patterns:
https://i.postimg.cc/Mpn0KRfY/Crypto-Chart-Patterns.jpg

According to the following image, is it the Pennant?
https://i.postimg.cc/zBS4wzYb/FET-1.png

Thank you.

Following all these pennants and similar BS... sure way to lose your hard-earned coins. It just doesn't work. All these flags, pennants, crosses etc is pure gambling: 50% chance at best. I can only tell you one thing: there's huge constant upwards pressure right now. We have reached $25k and I can feel no signs of stopping. My bet is we're heading into the $28-30k area. Cool

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Quote from: jossiel on February 20, 2023, 09:31:32 AM

Quote from: michellee on February 19, 2023, 05:32:33 AM

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

Like it's attitude now, the market is starting to increase again.

It's for each of us to determine when we should buy and sell and at these times, if you've bought under $20k then you think of selling it then. But learning from everyone's experience in the past.

You could be happier if you're patient to see the increases that might happen within just the next several months up to a year or two.

Yeah, users who had made the buy when the price was down to $20k can now book their profits and wait for the buyback moment. Same time we can't have precise calculation of price to get hold on specific price and drop downwards. For now there are prediction of price touching $30k.

Good is to make their own analysis and look for the right time to record the profit. In recent days there is good move on the altcoins market which seems like we're in transition towards the altcoin season.

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Quote from: jossiel on February 20, 2023, 09:31:32 AM

Quote from: michellee on February 19, 2023, 05:32:33 AM

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

Like it's attitude now, the market is starting to increase again.

It's for each of us to determine when we should buy and sell and at these times, if you've bought under $20k then you think of selling it then. But learning from everyone's experience in the past.

You could be happier if you're patient to see the increases that might happen within just the next several months up to a year or two.

If you are going for long term then you would really not mind much whether on what point you would really be buying on on which you cant really be that having the emotions on selling on early point
since you are really that targeting for long term.Patience is extremely needed specially if you do keep on watching market condition.

On my part i do have 2 portions of investment which one bag is for long term and one is for short term trading on getting some percentage profits.Yes, its really that
that depending on you since we do have different targets when it comes to our investment.

michellee

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Quote from: jokers10 on February 19, 2023, 10:28:58 PM

Quote from: michellee on February 19, 2023, 05:32:33 AM

That's because not many people can understand our questions so we can all give different answers depending on our own experiences. And yes, we should try to find the answers we want based on the questions we have to get the answers we want.

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

It's just partly because of different experience, big part is based on that we are different in general: some like one things, some another, some have one character and some another. So our personal trading behavior is very dependent on the things which are not representing a market.

So if we talk about current state of affairs then we should ask if we want to trade or to invest. And I'd not buy for trading at the moment as I expect that bearish market is not over (I can be mistaken, so it is not an advice) and if I wanted to invest it is not bad time for long term buying — you can never catch a bottom so to buy not ATH is not a bad idea IMO.

For now, trading and investing can still be an option because both can provide short, medium and long term benefits. And it depends on how good you are at mastering the analysis that can help you know when you can enter the market.

But if you are afraid to trade and decide only to invest because the movement is still unstable and can decrease the price like it is now, you can buy and hold it for a while. And even though the price may increase again later, even to the $30k mark, it still seems like a good price to buy bitcoins since the last ATH was at $60k. So buying bitcoins at $60k can still be considered an investment price.

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Quote from: michellee on February 19, 2023, 05:32:33 AM

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

Like it's attitude now, the market is starting to increase again.

It's for each of us to determine when we should buy and sell and at these times, if you've bought under $20k then you think of selling it then. But learning from everyone's experience in the past.

You could be happier if you're patient to see the increases that might happen within just the next several months up to a year or two.

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Quote from: death69 on February 20, 2023, 03:24:55 AM

if you wanna be a hotshott in the crypto world, you gotta have some self-awareness and discipline. Know what you like and can handle, and only then should you make any decisions. And let's not forget to take a peek at what the markets doin' - are ya gonna trade or invest? Either way, if you wanna see som long-term gains, try scooping up those coins when they're cheaper than the top dogs. But hey, don't get too cocky - this crypto game is a wild ride, and there are no guarantees. Its like a box of chocolates, you never know what you're gonna get. So don't put all your eggs in one basket, buddyy. Diversify your portfolio and do yur own dang research. Keep up with the latest gossip, err, I mean news and trends, and don't put more in the pot than you can afford to loos. In the end, its all about havin a long-term mindset and bein willin to roll with the punches. Or in this case, the volatile and unpredictable crypto market.

Those type of "fine tuning" of your skills and your desires would get you a long way in the crypto world. It's not a thing that you should be doing as a suggestion, but it is a thing that you have to do as a must. Without having further information regarding crypto, and what type of skills that you need to learn and which of them fits you the best, you wouldn't be able to actually get away with anything and you would make a loss.

But, if someone follows your suggestions, they will end up with something much bigger and better, it will allow them to make a lot better solutions and would allow them to have a better understanding of how they can navigate such a difficult market.

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Quote from: hack3rcon on February 07, 2023, 07:13:06 AM

Hello,
I found following Crypto chart patterns:
https://i.postimg.cc/Mpn0KRfY/Crypto-Chart-Patterns.jpg

According to the following image, is it the Pennant?

Whether Pennant, Flag or whatever BO you're aiming for before you trigger a buy at this moment should be jettisoned if you're buying on the long term. Like I keep emphazing, Bitcoin is at a huge discount at this time. Even if price goes down after this post of mine, it still doesn't mean it's a bad time to buy. Buy and act like it's a forgotten investment. Then go back in 2024 to harvest it, that's when you will value the decision you will be taking now. That's if you do take that decision now.

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Quote from: Issa56 on February 17, 2023, 04:32:37 PM

I think you should just do your analysis and know if you are suppose to buy or sell, I don't think you should be waiting for people to tell you what to do. The best thing I think you can do now is just to buy bitcoin and hold for long term, that's the only advice I can give you, but if you are a trader, I think you will have to seat back and do your analysis carefully, don't seek for people's advice, you have to believe in yourself.

A trader will not ask if to buy bitcoin or not, a trader will not ask because trading duration to open and close a trade is not of a long time, it can just be in some seconds, minutes to a day or some days. Only people that can ask such questions are most likely to be people that want to buy and hold for a long time. I too will advice him to hold just as it was in my previous post.

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Quote from: jokers10 on February 19, 2023, 10:28:58 PM

Quote from: michellee on February 19, 2023, 05:32:33 AM

That's because not many people can understand our questions so we can all give different answers depending on our own experiences. And yes, we should try to find the answers we want based on the questions we have to get the answers we want.

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

It's just partly because of different experience, big part is based on that we are different in general: some like one things, some another, some have one character and some another. So our personal trading behavior is very dependent on the things which are not representing a market.

So if we talk about current state of affairs then we should ask if we want to trade or to invest. And I'd not buy for trading at the moment as I expect that bearish market is not over (I can be mistaken, so it is not an advice) and if I wanted to invest it is not bad time for long term buying — you can never catch a bottom so to buy not ATH is not a bad idea IMO.

if you wanna be a hotshott in the crypto world, you gotta have some self-awareness and discipline. Know what you like and can handle, and only then should you make any decisions. And let's not forget to take a peek at what the markets doin' - are ya gonna trade or invest? Either way, if you wanna see som long-term gains, try scooping up those coins when they're cheaper than the top dogs. But hey, don't get too cocky - this crypto game is a wild ride, and there are no guarantees. Its like a box of chocolates, you never know what you're gonna get. So don't put all your eggs in one basket, buddyy. Diversify your portfolio and do yur own dang research. Keep up with the latest gossip, err, I mean news and trends, and don't put more in the pot than you can afford to loos. In the end, its all about havin a long-term mindset and bein willin to roll with the punches. Or in this case, the volatile and unpredictable crypto market.

jokers10

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Quote from: michellee on February 19, 2023, 05:32:33 AM

That's because not many people can understand our questions so we can all give different answers depending on our own experiences. And yes, we should try to find the answers we want based on the questions we have to get the answers we want.

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

It's just partly because of different experience, big part is based on that we are different in general: some like one things, some another, some have one character and some another. So our personal trading behavior is very dependent on the things which are not representing a market.

So if we talk about current state of affairs then we should ask if we want to trade or to invest. And I'd not buy for trading at the moment as I expect that bearish market is not over (I can be mistaken, so it is not an advice) and if I wanted to invest it is not bad time for long term buying — you can never catch a bottom so to buy not ATH is not a bad idea IMO.

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Quote from: jokers10 on February 18, 2023, 08:30:51 PM

Quote from: Taskford on February 18, 2023, 06:18:35 PM

One of the reason why they need to learn how to trade for theirselves so that they will not this basic question to anyone since they might not get the best answer since no individual can give us accurate answer regarding on when is perfect time to buy or sell. All given answer is generic or recycle one so we better learn fr ourselves to determine which best for us and we can set our target to execute buy or sell according to what we feel on how the market currently flow.

Yeap, what is good for one can be evil for some other. Understanding right personal time for buying and for selling is really important when making a plan on investing and trading, and that is one of a most hard things. For instance as for me I'm still learning how to do that. Probably I can do that better than I could in the very beginning but I paid for that experience with both some money and lots of anxiety (and still think I'm too far from being good in that Grin

).

That's because not many people can understand our questions so we can all give different answers depending on our own experiences. And yes, we should try to find the answers we want based on the questions we have to get the answers we want.

And regarding the time to buy or sell, it will depend on how the market moves. If the market is what it is today, buying a little bit is fine while I wait and see what happens. If the price increases again after this, we can wait until the price can get another correction and decrease the price.

jokers10

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Quote from: Taskford on February 18, 2023, 06:18:35 PM

One of the reason why they need to learn how to trade for theirselves so that they will not this basic question to anyone since they might not get the best answer since no individual can give us accurate answer regarding on when is perfect time to buy or sell. All given answer is generic or recycle one so we better learn fr ourselves to determine which best for us and we can set our target to execute buy or sell according to what we feel on how the market currently flow.

Yeap, what is good for one can be evil for some other. Understanding right personal time for buying and for selling is really important when making a plan on investing and trading, and that is one of a most hard things. For instance as for me I'm still learning how to do that. Probably I can do that better than I could in the very beginning but I paid for that experience with both some money and lots of anxiety (and still think I'm too far from being good in that Grin

).

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Quote from: worle1bm on February 18, 2023, 02:27:52 AM

Quote from: hack3rcon on February 08, 2023, 03:47:14 AM

Hello,
Thank you for your reply.
The short time? How long? How can I recognize this period?

Suppose you have invested at the current rates say $20k and hold it for long term which can be 4+ years with patience and then prices rise to $60-$70k so you can sell at that time but if you are asking for how long you should hold or when to sell then we can't tell you the exact timing for it so you have to make your own decision at that time.

It's not too late, we're still in that range right now.
This has been asked so many times here and my answer is always like this, there's no specific time for buying Bitcoin, you can purchase anytime you want, just hold and wait for your profit is all you need to do. As long as you didn't sell at a low price where you purchase, it's fine.

It could be the best method of buying Bitcoin is the DCA and I tend to agree comment above, that could be your buying point every time when the price is low.

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Quote from: goaldigger on February 18, 2023, 04:29:32 PM

Quote from: worle1bm on February 18, 2023, 02:27:52 AM

Quote from: hack3rcon on February 08, 2023, 03:47:14 AM

Hello,
Thank you for your reply.
The short time? How long? How can I recognize this period?

Suppose you have invested at the current rates say $20k and hold it for long term which can be 4+ years with patience and then prices rise to $60-$70k so you can sell at that time but if you are asking for how long you should hold or when to sell then we can't tell you the exact timing for it so you have to make your own decision at that time.

There is not assurance for the future price of this market, so its really advisable to have your own target and know what is the price for you to take profit and to cut the losses. The market can go on its peak again but only time can tell. Buying now might be a good option if you see cryptomarket to enter in the bull run next year, by doing this you are allowing yourself to get good coins at cheaper rate and personally, I prefer to buy more now.

One of the reason why they need to learn how to trade for theirselves so that they will not this basic question to anyone since they might not get the best answer since no individual can give us accurate answer regarding on when is perfect time to buy or sell. All given answer is generic or recycle one so we better learn fr ourselves to determine which best for us and we can set our target to execute buy or sell according to what we feel on how the market currently flow.

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Quote from: worle1bm on February 18, 2023, 02:27:52 AM

Quote from: hack3rcon on February 08, 2023, 03:47:14 AM

Hello,
Thank you for your reply.
The short time? How long? How can I recognize this period?

Suppose you have invested at the current rates say $20k and hold it for long term which can be 4+ years with patience and then prices rise to $60-$70k so you can sell at that time but if you are asking for how long you should hold or when to sell then we can't tell you the exact timing for it so you have to make your own decision at that time.

There is not assurance for the future price of this market, so its really advisable to have your own target and know what is the price for you to take profit and to cut the losses. The market can go on its peak again but only time can tell. Buying now might be a good option if you see cryptomarket to enter in the bull run next year, by doing this you are allowing yourself to get good coins at cheaper rate and personally, I prefer to buy more now.

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Quote from: Charles-Tim on February 07, 2023, 07:27:25 AM

If you are trading, know that it is like you are gambling, trading is not gambling because with trading, you can use indicators and make some analyses to predict where the market is going. I noticed some altcoins like GRT, AGIX, FET, FSX and OCEAN to have increased significantly recently, even when bitcoin is not increasing. If you use the 4 hours candle stick, it is like the market may still decreased, but that depend on bitcoin too and indicator can fail. If bitcoin start another bull run, those coins can increase more, but slight decrease in bitcoin will result to massive decrease on those coins. But some traders will still prefer to sell it.

is the a mistake or you're trying to say gambling is like and at the same time not like trading.

Please clarify me and many others cause that's odd in a way, meanwhile I think any trader who sells when the is a decrease is either faced with financial constraint or is scared of the unknown.

Topic: Time to buy or sell? - page 7. (Read 1328 times)