When should we buy and sell? - page 7.

error08

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Quote from: nardplayz on September 30, 2017, 10:15:12 AM

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Honestly, there is no certain answer set to the stone about trading, as there are a lot of coins and different prices, different devs and different interest for each one. in general, you should check the price all the time, check the charts to know the lowest and highest point, buy in the dips and set your % profit, like 5-10% to sell the coins. But, if there is another news/information/prediction if the coin will rise further, then hold it for a certain time. For example; we know that bitcoin ATH is $5000 and its price was $3500 few days ago, buy it and set % of the profits, even sell it right now will be profitable, but hold it for long term until it reach $10K will be more valuable.

Bagaji

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Quote from: nardplayz on September 30, 2017, 10:15:12 AM

You can share what you know?

What i know is that there is no rule for when to sell or buy. Buying bitcoin and selling bitcoin is the same thing with buying goods when its value is low and sell when its value increases. Since your intention is to make profit as an investor or a business man, what you need to do is to buy low hold for a period of time and sell high when its value appreciate.

nejibens

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Quote from: nardplayz on September 30, 2017, 10:15:12 AM

You can share what you know?

Basically you should buy low and sell high, but it not as simple as this, because you need to make your research and study carefully the coin planned to trade, its chart and market..

Granxis

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I follow the activities of China from almost all social media. I now understand that China is an important influence.

BUK2016

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Quote from: nardplayz on September 30, 2017, 10:15:12 AM

You can share what you know?

OP all depends on the amount of capital that you want to invest in crypto Currency. If the amount is huge enough and you can endure for a long period of time, it means that you can buy bitcoin at any given time. But if the amount is not that big and you cannot invest for a long period of time then, you need to wait until has decline dip base on history before you buy and sell when it value appreciate.

pawanjain

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Nothing lasts forever

This should be one's personal decision and depend on how the person thinks at that point of time. What do you do when you want to buy your favorite smartphone. Do you wait for an offer/discount or just buy it that price. I buy coins when I have enough money and if there is a good dip to buy it. There will be many opportunities in the market to buy and sell but buying at the right time and finding a good exit point would generate more profit and minimize the losses.

Nerman

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You should always have a system, always have a plan when trading. Are you scalping or day trading. Do you plan to buy and hold. Trading is not that easy specially if you do not have a strategy. Know first what is your plan before learning to buy and sell.

wahb

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Quote from: NewBet on September 30, 2017, 02:43:55 PM

I can only tell you the biggest mistake I have made in trading is panicking... buying and selling within a few hours thinking the price is crash/rising and will never go back to what it was when I bought/sold. This is not a good strat. Tongue

i thini no onec an be sure about buying or selling bitcoins in a right time. we only analyze about the price of bitcoin, we study the market, getting the opinion of the expert and then decide what should be do, either we should buy or sell bitcoin. to me in present time my person view is that we should hold bitcoin in present time because the price is expected to increase and hopefully will cross 5000$ in next few days. therefore i think that we should hold bitcoin in present time.

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

it is very hard to tell really... But I would say that sometimes when it has been going down for a while, and then stops around a price for several days, it is more likely to go up than when it is only moving down.

Same when it is high... it is has been rising for some time and then stops for several days (as it happened around the 4700-4900 recently) it is more likely to go down.

NewBet

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I can only tell you the biggest mistake I have made in trading is panicking... buying and selling within a few hours thinking the price is crash/rising and will never go back to what it was when I bought/sold. This is not a good strat. Tongue

rfcdejong

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Watch for coins. Some of them grow up without news. Others on the news. Bitcoin is often unpredictable, but reacts to the news. In General, if the market is stable, no bad news, it is better to keep the coins and sell at the top.

shamzblueworld

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Buy when its low and sell when its high, its as simple as that. But the trick lies in judging upcoming highs and lows from the past behaviors and news going around, if you can predict well, and you have guts to lose, you'll do well.

webtricks

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Quote from: dothebeats on September 30, 2017, 11:27:05 AM

Depends on how much are you willing to risk and afford to lose. I personally buy every week irregardless of the price and I plan to hold them until I profit by at least 30% no matter how long it can take. That's just my personal rule about buying and selling bitcoins as there aren't any rules about that. Also, one of the best times to buy is when everyone is uncertain about bitcoin or if the price is taking a beating. It is usually followed by a series of bullish runs which will give you profit in no time.

Quite Interesting but may not be feasible for everyone.
Suppose your previous week Bitcoin rose by 30% in next week cycle then will you buy or sell in that week?
For me best time to buy is when I really feel to have some. No one could predict best time, so I buy in situations like huge break downs or smelling big profits in less time period or any other day when I have excess funds!!
Same law applies to selling. No one knows best day to sell. Just fix your profit aim and sell if it reaches there. If not then settle for less in case you need funds. Otherwise if your funds are idle then keep hodling till aim price as sooner or later it will come for sure.

DaMut

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the best time to sell it when the price is higher than your buy order.
and the best time to buy it when you heard a news about something.
in cryptocurrency,you will lose it if you sell it lower than your buy order.which mean no matter what as long as Bitcoin and Cryptocurrency still alive.
everything cryptos will get pumped someday.
when you hear about something or hear a rumour about what will happen in the future(good rumour),that is the best time to buy.
and when the time comes,and the news come up that is the best time to sell it.
many people do not really care about what will happen,they're using that rumour to hype the project,
and when the news is up they dump it.

lastly,never trust anybody.
only trust yourself,do your own research before taking action and think about it rationally.

dothebeats

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Cashback 15%

Depends on how much are you willing to risk and afford to lose. I personally buy every week irregardless of the price and I plan to hold them until I profit by at least 30% no matter how long it can take. That's just my personal rule about buying and selling bitcoins as there aren't any rules about that. Also, one of the best times to buy is when everyone is uncertain about bitcoin or if the price is taking a beating. It is usually followed by a series of bullish runs which will give you profit in no time.

soham

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Quote from: nardplayz on September 30, 2017, 10:15:12 AM

You can share what you know?

There is no hard and fast rule for that. The general rule is, buy at dips and sell at high. However, you need to track the market very closely before you know when to buy and when to sell. There is no rule or checklist which can tell you the exact time. That comes with experience. Also patience is a must have quality for any trader. If you are new in trading, try youtube. Lots of videos are available to learn trading. Start with small amount and as you grow confidence, gradually increase the amount.

nardplayz

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You can share what you know?

Topic: When should we buy and sell? - page 7. (Read 2808 times)