Why does price fall when I buy and it rises after I sell?

davien

sr. member

Activity: 462

Merit: 250

Quote from: BTCLovingDude on January 23, 2016, 11:36:00 PM

this is story of my life.
but after a while and loosing some money you realize your mistakes and start profiting.

You are right. You can learn from you own mistakes everytime.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

this is story of my life.
but after a while and loosing some money you realize your mistakes and start profiting.

BellaBitBit

hero member

Activity: 756

Merit: 500

This has happened to me a few times Sad

I have a buddy that is a commodities trader and he has a name for that kind of a trader and I cannot remember the name, he said they get a name real fast amongst other traders...i think it is called a Mush or something like that. It is like it never fails, they buy and it drops, they sell and it goes up.

hiddensphinx

legendary

Activity: 1457

Merit: 1001

patience is also key, most alts bottomed out during late 2015 and have risen in 2016 like Dogecoin, Ether, Dash etc

buy low and hold and have patience

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

Watto: No, they won't-a. What? You think you're some kind of Jedi, waving your hand around like that? I'm a Toydarian. Mind tricks don't work on me. Only money. No money, no parts, no deal!

The Sceptical Chymist

legendary

Activity: 3556

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Top Crypto Casino

Quote from: unusualfacts30 on January 03, 2015, 03:52:34 PM

I'm not sure I quite understand this. It has happened every single time I bought a coin. Whether it's BTC, VTC, XPY, BC, DRK or even LTC. It doesn't matter what I buy it shits itself as soon as my buy order goes through. As soon as I get tired and sell it starts going up. Huh

Buy when it drops, not when it rises. Hell I don't know. The same thing happens to me most of the time too. Just hold and you should be ok. Maybe you're trading too much?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: davien on January 23, 2016, 11:27:39 AM

Just don't give a damn about Trollboxes. That's the secret, too many fudders and hypers over there .

The news is almost the same. But on a whole new level.

davien

sr. member

Activity: 462

Merit: 250

Just don't give a damn about Trollboxes. That's the secret, too many fudders and hypers over there .

iv4n

legendary

Activity: 3346

Merit: 1191

Quote from: hiddensphinx on January 23, 2016, 09:20:16 AM

never buy the top, you will get dumped on

buy shitcoins awaiting something news based event in the future

look for liquidity! Tongue

Where is best place to find news about that kind of events? They always have some announcements here on forum, is there some special place for news like that?
Is earned few time on trading but I talk with people on chat and I followed their advices for some coins. But its not working every time.

hiddensphinx

legendary

Activity: 1457

Merit: 1001

never buy the top, you will get dumped on

buy shitcoins awaiting something news based event in the future

look for liquidity! Tongue

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: findftp on January 23, 2016, 04:47:27 AM

Quote from: tokeweed on January 23, 2016, 04:28:21 AM

And avoid putting too much stock in the news. Unless you're an insider or know someone who is, you will not know what's really going on behind a price move. The news is mostly market noise and could affect your trading.

Later on when you meet people on the forum, it's good to join or start your own trading group and do all your research together, share strategies, etc... It really helps get better at trading and it definitely helps your bottom line.

Of course you should!
Generally speaking you should sell with positive news, not buy.

What if momentum continues after you sell? You really can't leave money on the table as it makes all the difference vs your bad trades.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: tokeweed on January 23, 2016, 04:28:21 AM

And avoid putting too much stock in the news. Unless you're an insider or know someone who is, you will not know what's really going on behind a price move. The news is mostly market noise and could affect your trading.

Later on when you meet people on the forum, it's good to join or start your own trading group and do all your research together, share strategies, etc... It really helps get better at trading and it definitely helps your bottom line.

Of course you should!
Generally speaking you should sell with positive news, not buy.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

And avoid putting too much stock in the news. Unless you're an insider or know someone who is, you will not know what's really going on behind a price move. The news is mostly market noise and could affect your trading.

Later on when you meet people on the forum, it's good to join or start your own trading group and do all your research together, share strategies, etc... It really helps get better at trading and it definitely helps your bottom line.

bakedrice

sr. member

Activity: 338

Merit: 250

Maybe you're doing this:

Sumerian

sr. member

Activity: 378

Merit: 250

Quote from: ?? on ??

Because you are doing it wrong ?

You should never buy when there is almost no volume or a bad vibe around a coin.

I didn't get a bad vibe of Vericoin to be honest

Abel82

newbie

Activity: 42

Merit: 0

Quote from: SockPuppetAccount on January 03, 2015, 04:24:46 PM

Don't buy coins during a pump. Admit you missed that train and stay away.

Buy promising looking coins with low marketcaps and growth potential and be patient. Don't buy after the marketcap has risen 100x already.

If a coin is being hyped and praised as the second coming of satoshi, stay away. Even if it is a legit project, the dump will come and you can buy in cheaper.

Don't panic because the coins you are holding haven't doubled in price an hour after you bought them or they have stumbled in price. Crypto is cyclical. Only the pure pumps and dumps die completely. Coins with solid development and community support rise (and fall) again eventually.

When you are holding a coin whose 6 month price charts looks like the black line below, sell where those red arrows are pointing.
https://i.imgur.com/96MWgqN.png

NIIIIICE picture!!!

In a nutshell this is the way it is. Grin

IBGigglin

legendary

Activity: 910

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BCH Advocate.

Stop considering it buying. Tell yourself investing. Dont invest unless you think its a good investment.

If the price drops but the item/project/coin/asset you invested in is still the exact same as is was when you paid what you did, why would you sell?

Making educated 'buys' creates a mental backbone in your portfolio to stay optimistic when panic ensues.

You will not profit on them all. Period.

But making profit is way easier than most butt hurt people make it seem when you invest with your own knowledge.

darkmind

full member

Activity: 182

Merit: 100

I also made some mistakes in my coin trading, I started with like 1.5K USD and lost a lot of it during the crashes. But then I managed to win it back, and now I am losing again, happy I didn't put in more than this nowadays but still it's hurt to be a loser

picolo

hero member

Activity: 1022

Merit: 500

Quote from: chesthing on January 04, 2015, 03:07:10 PM

It's not luck. Look at the chart of a coin you are considering. If there is a period of time where the price is stable and very low that you missed out on, stay the fuck away. Chances are excellent you will end up giving these early buyers profits and yourself losses. Sometimes, not very often you buy into a pump and it turns out good - but the chances of that happening pretty much suck, so fuck all of them.
Now, spend your time looking to get in at that low level BEFORE the pump.

If you buy a few bitcoins everything two weeks you take advantage of the low prices.

chesthing

legendary

Activity: 1414

Merit: 1000

It's not luck. Look at the chart of a coin you are considering. If there is a period of time where the price is stable and very low that you missed out on, stay the fuck away. Chances are excellent you will end up giving these early buyers profits and yourself losses. Sometimes, not very often you buy into a pump and it turns out good - but the chances of that happening pretty much suck, so fuck all of them.
Now, spend your time looking to get in at that low level BEFORE the pump.

Topic: Why does price fall when I buy and it rises after I sell? (Read 3794 times)