Why does price fall when I buy and it rises after I sell? - page 2.

djm34

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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

don't put large buy or sell order, this isn't attractive to anyone, that just feels desperate...

huntercerebellumr

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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

Because you want to profit too much

You say you buy coins, the profitable way is, you don't buy coins you get your buy order filled so in the end they sell to you at a much lower price,

You don't sell your coins, you just wait, 2 months, 5 months, then finally you dump them to the highest bidder at a spike at any price above the original price you paid to get them.

That's how you profit,

scientific

newbie

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Then the next time do just the opposite of what you would normally do! Cheesy

Equate

hero member

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You need to study how market is reacting currently and how it reacted in the past . You need to invest into something at the right time . Buying when the price is high and panic selling when the market is plummeting is an utter disaster.

sumantso

legendary

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Hmm, so you're a contra indicator? I would request you to post publicly your trades, that way you will be doing all of us a service Cheesy

picolo

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If you are not following the market daily, you are likely to buy high and sell low because you are likely not to have an edge against other traders. Buy when people are selling : now; and maybe sell when everyone will be buying.

tokeweed

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Life, Love and Laughter...

it helps when you watch the markets daily so you get some sorta feel for it. once you get familiar with the different markets, you notice gradual rising prices a lot sooner in some coins that become full blown uptrends later. for example, take a look at NXT, it's slowly going up, it could be a good time to place a bet at these prices. but also be ready to take a small loss if your trade goes against you cos most of the time these breakouts more likely are fake and tend to reverse.

good luck.

coinits

legendary

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011110000110110101110010

A lot of day traders look at the coins and see coin xyz is up 50% today I better get in on that action. Sometimes it will continue to rise and you do make some profit. Most of the time you will buy in at the peak and then a sell off occurs and you end up taking a loss and/or being a bag holder.

The trick is finding that coin before it breaks out but at the end of the day, while some will disagree, it is a risk.

yvv

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Quote from: balu2 on January 03, 2015, 11:07:58 PM

just change your strategy and trade opposite what you normally would Wink

This is what I was telling to my wife before GPS navigators were developed. She used to drive the opposite direction from what she needed with 99% consistency. I told her many times, that if she wants to go right, she must turn left instead. Sounds easy, but it never worked.

GGGGG

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Quote from: unusualfacts30 on January 04, 2015, 08:29:25 AM

Quote from: cassius69 on January 04, 2015, 08:12:49 AM

the worst traders in the world are attracted to crypto

Only reason I like trading crypto is because you never lose 100% of your investment (as long as you're investing in trustworthy coins). For example: Even if you bought Doge during all time high there is still hope that some day it might get pumped back to that price again. You'll never lose 100% of your investment as long as you keep your coins. Even if you're investing $5..it'll never become zero and most likely it'll pump back to $5+ within few months. People say it's risky but they have never invested in forex where you lose 100% if shit goes down.

It's more of a waiting game and sometimes you have to wait for longer time period and that's what I hate.

In Forex yes, but it's due to high available margin. Above is correct about any currency in the world if you use zero leverage, so not only cryptos.

unusualfacts30

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Quote from: cassius69 on January 04, 2015, 08:12:49 AM

the worst traders in the world are attracted to crypto

Only reason I like trading crypto is because you never lose 100% of your investment (as long as you're investing in trustworthy coins). For example: Even if you bought Doge during all time high there is still hope that some day it might get pumped back to that price again. You'll never lose 100% of your investment as long as you keep your coins. Even if you're investing $5..it'll never become zero and most likely it'll pump back to $5+ within few months. People say it's risky but they have never invested in forex where you lose 100% if shit goes down.

It's more of a waiting game and sometimes you have to wait for longer time period and that's what I hate.

cassius69

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the worst traders in the world are attracted to crypto

thompete

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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

Well, it might be just luck. But sometimes, you can follow twitter handles of famous tipper and pickers .
They just suggest buying coins which would hopefully be profitable. Obvious, there might be other motives behind that, but you can always follow at first and test later.

coinits

legendary

Activity: 1582

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011110000110110101110010

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

Because day trading cryptos is risky business.

unusualfacts30

hero member

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Quote from: balu2 on January 03, 2015, 11:07:58 PM

just change your strategy and trade opposite what you normally would Wink

seems like I should do opposite of my gut reaction but it's hard to differentiate between gut reaction and emotions when you're trading with real money. It's only after I lose money I can tell which feelling was gut reaction. Embarrassed

CodyAlfaridzi

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Simply because you're unlucky Roll Eyes

lol jk, It's not only you! Most of the times it happen to me too when I bought altcoin

sorryforthat

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Quote from: yvv on January 03, 2015, 04:28:16 PM

This is because you are natural borne loser. You better learn how to live with this.

Good help is so hard to find.

I think the real answer is to spend more time reading before investments go through. Learn the tech and understand what is offered. Do not by any means invest into something someone tells you to, insure that you have some knowledge.

balu2

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just change your strategy and trade opposite what you normally would Wink

merockstar

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BTS: merockstar420

Quote from: QuantumLeap on January 03, 2015, 11:03:38 PM

Quote from: merockstar on January 03, 2015, 10:58:25 PM

I mean... you could explain why I'm wrong and maybe change my view...

Just use that exact same method you just described to trade. The market will surely provide you with a much better explanation than I ever could

fair enough, i didn't offer much explanation of why I feel that way either. i look forward to finding out how my plan plays out either way.

QuantumLeap

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Quote from: merockstar on January 03, 2015, 10:58:25 PM

I mean... you could explain why I'm wrong and maybe change my view...

Just use that exact same method you just described to trade. The market will surely provide you with a much better explanation than I ever could

Topic: Why does price fall when I buy and it rises after I sell? - page 2. (Read 3794 times)