Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on October 04, 2018, 07:06:33 PM
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Everyone has been wrong when buying or selling crypto. Many have found that people are more dominant in buying crypto when prices increase. At that time many users experienced losses when the market experienced a decline. How do you use crypto when the market recovers? Will you buy or hold until you get a big profit or do you sell some and wait until the price drops?
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many have done this, including me when I was new to crypto ,? when the price goes up I try to buy it, but after that the price doesn't rise again, but the price continues to fall. so I tried to hold it until now, hoping the market could come back again.
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2017 was the height of fomo and hypes. Many fell victims to this. Right now, the strategy is to take profits whenever I can.
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My strategy is only to buy when the crypto price drop. If I buy when the price of crypto increases, then I will not get a big profit. be patient it is very important to buy and sell crypto.
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Everyone has been wrong when buying or selling crypto. Many have found that people are more dominant in buying crypto when prices increase. At that time many users experienced losses when the market experienced a decline. How do you use crypto when the market recovers? Will you buy or hold until you get a big profit or do you sell some and wait until the price drops?
Hello mate, i don't think it is completely a bad idea to buy when prices are high, as in the situation of crypto market. The demand and supply principles will always play out in the market, and based on these rules, most people may buy a coin at the heap, hoping that the prices may keep rising as in the case crypto bull market of late 2917.
Nevertheless, to regain the lost from the bear market, i think that its advisable to Hold till the market recovers fully.
As for me, i like to buy during the bear market to enable me manage my profit and lost accounts.
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Some bought even though the price is high is because they want the token, altcoin or coin's price increase and some people sell their crypto at much lower price or to dump theur tokens that results in low price.
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A smart one knows when he should buy or sell. He will never buy when the price has been rising, but buying before the price goes up. Analysis is very needed to know this, a little prediction about the possibility of the price movement should be done. Just never buy in high price and sell in low price. It is absolutely wrong strategy.
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If I like crypto when the price goes up, that's the chance I can't waste to immediately sell my crypto. I sold it all without half-half. Because for me, even though there is a good opportunity, use it. Don't even wait for a bigger chance. Because future profits and losses no one knows.
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selling when coming down with this panic was normal, so at the first time I was. now when I hold alt and experience a decline I don't panic and will buy again at a low price to cover losses
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Everyone has been wrong when buying or selling crypto. Many have found that people are more dominant in buying crypto when prices increase. At that time many users experienced losses when the market experienced a decline. How do you use crypto when the market recovers? Will you buy or hold until you get a big profit or do you sell some and wait until the price drops?
I agree mate. I see some people wrong using crypto,buy when high and want to get profits. I think It is wrong way.
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yes you really lack education about cryptocurrency can make a lot of people wrong about cryptocurrency because they don't have enough knowledge.
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Everyone has been wrong when buying or selling crypto. Many have found that people are more dominant in buying crypto when prices increase. At that time many users experienced losses when the market experienced a decline. How do you use crypto when the market recovers? Will you buy or hold until you get a big profit or do you sell some and wait until the price drops?
Yes It is true, Some people wrong using crypto. They should learn the market. when the price low, they should buy.
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Well, we cannot blame others understanding and others observation because everybody have the right to say whatever their opinion as long as it is not below the belt. Let us hope that we will recover also.
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Everyone or everyone has made a mistake? I've been wrong in buying and selling crypto. Everyone must have experienced something like that. Experience will be obtained from mistakes we have ever made. it applies when buying or selling crypto.
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we must be able to choose the right time to sell or buy crypto. that way we can minimize the losses that we can get. when the market price was down, it will be better if we hold it for a long time until the crypto price rises again and stabilizes.
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Well, we have our own understanding with this volatile world of crypto that's why we have our own way of getting into the trend.
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Those people who buy crypto at the peak of rally are newbies as they get FOMO during the bull run and they expect that the price will continue rising. Then they will disappointed as the price fall with the dumps on those whales. Best strategy is to wait at the right time to buy and sell crypto. You will known that if you had observe the market situation.
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buying high is a very risky move and not advisable always relay the basic principle of trading buy low and sell high if everyone does this there is only a small chance of losing.