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Topic: Wait for higher profit or sell and buyback? - page 3. (Read 450 times)

sr. member
Activity: 700
Merit: 250
Actually, in trading, the most important thing is to sell the asset in time. Each trader has his own trading system. Someone is based on classical prediction - Elliot waves, someone on the mathematical model - nonlinear fractal analysis, but there are those who trade on the indicators. Personally, I buy and sell according to indicators. They sometimes wander, but most often they help to save profits and capital.
legendary
Activity: 3122
Merit: 1398
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I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

If you are having difficulty doing some buyback then refrain from doing it and focus on hodl.

More importantly, patience. If you are holding a certain altcoin and some bullish activity happened to the extent that it was a very very good price, don't hesitate to sold. It's fine if the price goes up high more the next day because in most of the cases, someday it will be crashed soon and will established their correction price. That's when the time you will do again another buybacks. But again, it takes patience and take note that "NOT" all altcoins are having the same price volatility. You really need to do some analyzation in every coin and have the guts to challenge the risks.

On the other, if it's all about bitcoin, then just do hodl (since you are having difficulty on buy low sell high system) and take advantage of the price decrease by adding quantities to your stash.

It may be sound difficult but just continue to build experience. Soon you will learned how to deal with your concern.
legendary
Activity: 2702
Merit: 4002
You have entered this market without any definite plan, strategy, simple principle for selling and buying, so it is no wonder that you lose your money.
The best thing is to try to reduce losses and sell at the first reasonable gain. Then do a good study of the market and how it moves up or down when you have the knowledge you can return."If you do not know, you can try any investment"
member
Activity: 462
Merit: 14
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

Buy back is good option. I have recently tried this and it has worked for me. I use to set a profit for every trade. If I got that price I use to sell. So I will suggest you to set a profit margin first and sale at that price. If price is down then buy and sale again to have some more profit.
legendary
Activity: 2576
Merit: 1043
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I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?
Most of the time, I am selling it and buying another coin. When I see that my coin is increased, I immediately sell it and I will buy another coin to trade. There are times that the coin I sold will be the coin I will buy to in a few hours. Now, I am usually holding coins until it reached my target profit. I am patiently waiting for it to increase.
hero member
Activity: 1361
Merit: 506
Selling at higher price and buying back once again at a lower price is good to make profits.That's what day traders mostly do to get quick profits.But if the invested crypto coin price movement is slow on both higher and lower prices,then it would be better to just HODL.
member
Activity: 350
Merit: 12
I prefer on holding and wait for higher profit because for me it is too risky to sell and buyback because in my case,i am not yet too expert in that strategy.In holding you are so sure whether it is the right time for you to sell or not.
member
Activity: 476
Merit: 10
Cryptoknowmics - World's First Decentralized Media
depends on your decisions but many people holds token and waiting for a success to get earn much more profit but for me ill wait for higher profit and when i get funds ill buy low price of token and wait and update on their Project !! Cheesy
sr. member
Activity: 2016
Merit: 283
It depends on your situation mate..  Which is if you gained enough profits then you should sell immediately then buy back again to obtain more profits when the price soar again, instead of still holding 'cause you will end up to losing money so much better to sell off rather than holding. Then if you have loses on it you must hold to regain your lost . 'cause selling while you have lose isn't good idea and surely you will repent after. So always make make some research first before doing anything to assure if it's good to dump or to keep holding.
member
Activity: 217
Merit: 10
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?
I prefer holding and not buying back because a lot of this make me lose. I bough at a cheap price and sold at higher pump then the coin pumps again when it go down i bought but it doesn't go as it always going down more so instead of making huge gains i will be loss more often times.
sr. member
Activity: 700
Merit: 275
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

Mostly we do use the same patterns to make profits here. I am personally using such strategies for buying more and more coins over the time. I mean when they fallback then its time to sell before its too late. When you see the currencies dropping then wait for the bottom to reach and thus you can always buy (back) at this rate and thus gaining more coins this time! If you keep repeating this then off course we will have the best portfolio creation in the time to come.  Wink
sr. member
Activity: 2366
Merit: 332
Selling and buying back is a good business idea for cryptocurrency business. If you keep waiting for a coin to add like $20 difference will be very difficult. I have realized this lately and so is better to make short profits as the market increase gradually but you have to understand when it is falling and raising.
member
Activity: 490
Merit: 28
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

If you are an expert and you can understand that price will go down then it will be better to sell and buyback latter. But if you are confused then it will be better to hold because if after selling it starts to increase then you will have no way to buyback or you have to buy at a higher price than you sell also you have to pay double fee on exchange.
Buy back I think is little  bit  hustle because you should need to monitor  closely the price movement so intently while holding is just waiting the price to pump then decide to sell if you think that it has a potential to pump you can hold longer until reach until full potential.
copper member
Activity: 210
Merit: 7
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

If you are an expert and you can understand that price will go down then it will be better to sell and buyback latter. But if you are confused then it will be better to hold because if after selling it starts to increase then you will have no way to buyback or you have to buy at a higher price than you sell also you have to pay double fee on exchange.
full member
Activity: 158
Merit: 100
I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?
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