Avoid buying coins when you're overbought,

[ayatoslaw]

in trading, there are so many ways that we can get maximum profit or to avoid cutloss,
one way is not to buy coins while in an overbought state, that is, when there are a lot of traders buying at the same time.
how to see it is by not targeting coins that have gone up.
it is an overbought look and we must avoid it.

[masterrex]

in trading, there are so many ways that we can get maximum profit or to avoid cutloss,
one way is not to buy coins while in an overbought state, that is, when there are a lot of traders buying at the same time.
how to see it is by not targeting coins that have gone up.
it is an overbought look and we must avoid it.

Well thats the right thing to do. honestly in my own experience im not use to buy coin/token that has no tract record in the previous trading days. mostly im looking on the volume in the last 5 days and then i compare from those results thats the way i chose a particular coin/token to trade.

[Cutter Cute]

Trading requires the right time to make a profit, at the wrong time we will get a loss due to panic and impatience in trading.
The market situation is currently in a bearish trend and until now I have not seen an increase in the price of coins that I have

[napster]

How to decide if you overbought or not? I mean there are always rooms in the pockets if you believe in a project or projects, so it won't be enough. Never.

[TopaNN]

That's right, I agree with you, if the chart shows an overbought leg, we will wait below the lowest rate because if the overbought limit is crossed by the koi it will be difficult to rise again, so we just wait at the lower rate.

[MVT$]

Buying coins that have gone up or pumped is usually the result of "FOMO" It's a common rookie mistake.

[KYB40]

How to decide if you overbought or not? I mean there are always rooms in the pockets if you believe in a project or projects, so it won't be enough. Never.

Overbought meaning the coin has been pumped already. Avoid buying those because a dump will surely follow

[Thegals]

The strategy in trading is buying oversold and selling overbought. So that is the right thing to do technically. It is feared that if you buy at the price above, what happens is the opposite. Prices will stop moving and begin to fall because people who have bought at low prices will profit from their transactions. So it's very risky we buy when the price is overbought and it's better to wait when the price corrects down.

[coyote]

I don't fully understand how I can be overbought. If a large number of people buy an asset, it means nothing.

[Jacky]

Yes, never force yourself to buy more coins if you have already had too many coins. Know your limit, that's why don't hold all coins on wallets. I also keep my coins but only the most potential coins. For the coins with not really promising future, I usually sell them when the prices are quite good.

[alltalk]

~snip~
Overbought meaning the coin has been pumped already. Avoid buying those because a dump will surely follow

It is a must to avoid buying when the prices look like have already pumped. You should wait the end of pumping while selling the existing coins you have if you want to trade them. It is true, dumping will follow the pumping, it sometime happens very soon.. 

[vegasus]

Don't try to be greedy guys. It will lead you to more losses. When the time for buying is already over, you must stop soon. Be smarter to analyze the market trends, it will be very helpful to prevent losses.

[hsyncl]

That's one of the biggest dangers. Definitely try to make an unconscious al sat. This will give you some time, but it will lose you most of the time. We need to be very careful.

[karateka]

Calculate these coins in advance is quite difficult, which is why small corrections such coins are much better to buy.

[Plnshah65]

Yea I already have invested 100 Ethereum and 40 BTC when market value high prices. But now price is completely dumping hence I interested in investing some top ranked coins.