I bought waves but i do not have enough waves that i want total. For example some ppl here mention they bought waves but want to have say 1000 total waves and they are satisfied.
So even though i own waves but not as much as i would like... i should want the price to go down right since i want to buy more?
Example imagine someone who wants to own total 1000 waves for long term and hold. But they only bought say 200 waves. They want 800 more waves total but problem is wave is very expensive where they cannot buy 800 right now. But if price drop to say 2 dollar, then they can buy 800 more waves etc. But that person already own 200 waves. So if waves drop price, yes that person can buy more waves but that would mean their 200 waves they already own would drop in price.
Does that make sense?
So im sure there are lot of ppl here who have waves... but want to buy more and want price to go down. But some ppl mention they got more waves recently at the higher price. And of course if you bought waves earlier... you could have much more waves than now etc. But if you want to buy more waves but the price is keep going higher, what should be the plan? Just buy it now at a very high price? Or just wait until price falls? The issue here is i already own some waves so if i want price to drop... well then the value of my waves drops... does that make sense? For example some ppl say they have a certain coin like ETH. But say price kept dropping. They might go and buy more even though their goal of total ETH may be already the amount they own etc. So the thing is i want to have a certain amount of waves where once i have this amount... for example some ppl might be 500... other ppl might be 1000... others might be 1500... then i would just hold them and not do anything with it.
So would like opinion on this. Some ppl here say just buy waves now because the price isn't going to go lower etc. So for me it feel strange because even though as waves go up, i profit because i own waves, i want to buy more waves... but not as this high of a price because then i cannot get enough total waves i want in my portfolio. Does that make sense?
How is it possible you are a "Hero Member"? It's almost like you have zero concept of how any asset investment works (let alone cryptocurrency). When you are buying a coin to hold, you don't care when it dips. You aren't "losing money" if the price drops, UNLESS you sell for less than you paid.
So if you own 200 Waves and want 800 more -- But you don't have the capital for 800 more (welcome to everyone's problem), you have to play the game. Don't feel bad when the price drops -- just buy more. Give yourself a realistic buy-in level and commit to it. If you buy in and the price keeps going down, it doesn't matter -- as long as you know it will go back up past the point where you paid. Don't commit the sin of setting your buy-in price so low that you never buy more. Without risk, there is no reward.
Nobody knows what might happen in the future -- but a betting man would put his money on WAVES being a great success.
Well even though i'm a long time member here, i did not look into altcoins until recently. The only reason was because i notice bitcoin go higher etc. I also do not trade like many people here.
Yes i know what you mean when you buy coin to hold, you dont care when it dips because you are not selling it. But i meant well that is how much it is worth if you know what i mean. Im sure many others feel a bit this way? Example you have 10 ETH. Say its 275 each. You have 2750 right now. But it drops to 250. You have 2500 now. You are right you aren't losing if you aren't selling etc. So i thought it a bit like that. Im sure some ppl do look at it a little like that even though it isn't the right way? The thing is if i had enough waves and have no more plans to get any more waves, obviously i do not want the price to go down etc.
Well i put the buyin low as that was the price it was not that long ago etc. The issue was i was experimenting it a bit but also because i didn't have enough funds etc to get the total amount i want. The other thing is all i know is people say waves is good etc so i thought its a great buy etc.