Bitcoin Forum

I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

If you are an expert and you can understand that price will go down then it will be better to sell and buyback latter. But if you are confused then it will be better to hold because if after selling it starts to increase then you will have no way to buyback or you have to buy at a higher price than you sell also you have to pay double fee on exchange.

Buy back I think is little  bit  hustle because you should need to monitor  closely the price movement so intently while holding is just waiting the price to pump then decide to sell if you think that it has a potential to pump you can hold longer until reach until full potential.

Selling and buying back is a good business idea for cryptocurrency business. If you keep waiting for a coin to add like $20 difference will be very difficult. I have realized this lately and so is better to make short profits as the market increase gradually but you have to understand when it is falling and raising.

Mostly we do use the same patterns to make profits here. I am personally using such strategies for buying more and more coins over the time. I mean when they fallback then its time to sell before its too late. When you see the currencies dropping then wait for the bottom to reach and thus you can always buy (back) at this rate and thus gaining more coins this time! If you keep repeating this then off course we will have the best portfolio creation in the time to come.  ;)

I prefer holding and not buying back because a lot of this make me lose. I bough at a cheap price and sold at higher pump then the coin pumps again when it go down i bought but it doesn't go as it always going down more so instead of making huge gains i will be loss more often times.

It depends on your situation mate..  Which is if you gained enough profits then you should sell immediately then buy back again to obtain more profits when the price soar again, instead of still holding 'cause you will end up to losing money so much better to sell off rather than holding. Then if you have loses on it you must hold to regain your lost . 'cause selling while you have lose isn't good idea and surely you will repent after. So always make make some research first before doing anything to assure if it's good to dump or to keep holding.

depends on your decisions but many people holds token and waiting for a success to get earn much more profit but for me ill wait for higher profit and when i get funds ill buy low price of token and wait and update on their Project !! :D

I prefer on holding and wait for higher profit because for me it is too risky to sell and buyback because in my case,i am not yet too expert in that strategy.In holding you are so sure whether it is the right time for you to sell or not.

Selling at higher price and buying back once again at a lower price is good to make profits.That's what day traders mostly do to get quick profits.But if the invested crypto coin price movement is slow on both higher and lower prices,then it would be better to just HODL.

Most of the time, I am selling it and buying another coin. When I see that my coin is increased, I immediately sell it and I will buy another coin to trade. There are times that the coin I sold will be the coin I will buy to in a few hours. Now, I am usually holding coins until it reached my target profit. I am patiently waiting for it to increase.

Buy back is good option. I have recently tried this and it has worked for me. I use to set a profit for every trade. If I got that price I use to sell. So I will suggest you to set a profit margin first and sale at that price. If price is down then buy and sale again to have some more profit.

You have entered this market without any definite plan, strategy, simple principle for selling and buying, so it is no wonder that you lose your money.
The best thing is to try to reduce losses and sell at the first reasonable gain. Then do a good study of the market and how it moves up or down when you have the knowledge you can return."If you do not know, you can try any investment"

If you are having difficulty doing some buyback then refrain from doing it and focus on hodl.

More importantly, patience. If you are holding a certain altcoin and some bullish activity happened to the extent that it was a very very good price, don't hesitate to sold. It's fine if the price goes up high more the next day because in most of the cases, someday it will be crashed soon and will established their correction price. That's when the time you will do again another buybacks. But again, it takes patience and take note that "NOT" all altcoins are having the same price volatility. You really need to do some analyzation in every coin and have the guts to challenge the risks.

On the other, if it's all about bitcoin, then just do hodl (since you are having difficulty on buy low sell high system) and take advantage of the price decrease by adding quantities to your stash.

It may be sound difficult but just continue to build experience. Soon you will learned how to deal with your concern.

Actually, in trading, the most important thing is to sell the asset in time. Each trader has his own trading system. Someone is based on classical prediction - Elliot waves, someone on the mathematical model - nonlinear fractal analysis, but there are those who trade on the indicators. Personally, I buy and sell according to indicators. They sometimes wander, but most often they help to save profits and capital.

Hold and buyback both are good decision but you must concentrate in one way it will useful to you because previous investment is holding and currently you spend your own money this is good for the current scenario. But you should analyse your previous investment then looking to another trading because anytime market will go up or down so we must alert ourself.

Is it obvious if you can see a profit on your holdings then it is better to sell some amount as per your needs or all, but if you see that your holdings are in loss & you think it is the best coin for profits then you can buy back it otherwise you can look for alternative coins tokens that seem to have to have high potential. You can buy back that tokens that have buyback program by ICO project as some tokens will be burned results in a gain in value of that token,

I prefer the buyback method because if you can execute that, you will maximize your returns. Of course the hodl method is easier because you have less thinking and acting to do but then it also provides less returns too. Also there is no way to know for certain the alt you are selling will pullback 50% and you could miss out on getting it back. In the end go with whatever approach you feel more confident with as it will become a self fulfilling prophecy and you will execute better where you feel more comfortable.

Sell and buy back is a good simple and effective strategy which guarantees profit!

Why i like this is because anybody to use it even without crypto experience by selling when prices soar and when the coin price dips you start to buy back and that's how simple it is to make money.

It is up to you. Cryptocurrency could be and will be unpredictable. It could go the other way around. You should strike the iron while it is hot. Or wait until you have profit or 10% - 20%. Or another one is hold for your future and emergency expenses.

It depends on which coin that you have. As a trader, I usually sell my coin and buyback at a low price. In some situation, I might jump right in the middle of the train in order to earn profit from the pump. Waiting ( holding ) is good for long-term profit and you have to be extremely patient. It is also a good way to use your coin

That's merely interesting to sell when you see the price reached the profitable value, and you really see the actual trend of the coins you have. Don't buy back while its on the pumping stage of its price, because it might crash quickly due to many trader will grab the opportunity while the price is very high so buying back must be done during the crash. Waiting for that higher profitable value is not easy, so it needs a lot patience and dedication.

So if you already hold some coins and you cannot wait for higher profit right now and sell your coins to cash the already little money you could earn, that is ok. But I think if you sell, you have to buy back as well on a price more than the one you paid for the coins you purchased the last time. This is actually the time you loose some money as well that often stay hidden and one cannot see that. However if you hold your current coins for long, you might be able to earn a whole history of rise in the values.

Its a great idea to buy back or do the trade more often, but you need to spend time to watch the market closely and you need time to do the speculation, you also need skill to analyse the situation, of course trade is better than just holding but it depends on your skill and the time you willing to spend

Before selling your token research carefully if the project have high possibility to create big impact in the future then of you notice it cannot give you a high profit, take a step and sell your token and do a move to buyback in a low price trading can give you a good profit in a short period of time but the risky is so high.

Holding is the ultimate end to receive a higher return on your investment. Buyback can erode all your profits in a short time if the price move against you

To do that you will need to study the market for quite sometime and it will help you become very conversant with the market. With that you'll know when to buyback and when to sell and keep. Anyways that is a very nice method of making some profits if only it's done very well

Both of them are good, some people will prefer to HODL their cryptocurrencies till the price goes up to a much better price, then they will withdraw their money and wait for another good chance to start up all over again. But if I’m to choose, I might prefer to withdraw immediately, cutting my loss and investing back immediately when it gets down and is about to fluctuate back up. That will increase your profit.

 If you have loses pal just keep holding and wait for it to increase again then wait until you gain enough profits and sell to avoid further loss while the price didn't fluctuate again, because nowadays the market always collapse after  it touch down the highest value .so much better to sell and buy back when it shows tends to increase again.  .

I was try the samething but not every action i can make it, its hard to get better price when doing this strategies, to do this strategy is better use only half of amount, so we not miss profit when the price bull run and the price dont touch buy order.

I think you are right. I entered this market without planning so what I do is just buy low and sell high. I still can't to be consistent. I still learn how to be consistent and not just think how to make profit.

as a trader when price is dropping you should never hold because you will end up losing a lot of money and before you know it, it will be too late to do anything else but hold and continue losing money.

what you should do is to sell as fast as possible. as for buying there is always a good window of opportunity to buy before the rise/dead cat bounce/recovery/... ends. you just have to either watch the price or set up some alerts if you can like using a bot or an online service and then jump on board and buy when you notice the signs of that rise happening.

Depends on the current market situation when you buy Altcoins.
If the market is very possible right to go up (no FUD), then holding it to high is probably better.

But if the market is not possible to go up, there are many FUDs, the Altcoins system you buy maintennance etc, then you better just sell your tokens.

This two is a good choice, I probably used to choose this both, It depends maybe for me. First waiting for a higher profit is very easy on this as the price is not that stable and it changes in a minute as it trading process is happening every time in the industry. Sell and buyback is also a good strategy to be stay in line as the trading was unstable it has also a chance to lower or decrease its price so it is good to be sure also.

Buy the bottom of the price no need to wait for the bounce as you may get too much fomo from it, holding is another good option but that is profitable and proven from bitcoin and the top 10 alts but make it sure you are buying the right one that possesses the potential to increase in due time given by the market condition and the development of their crypto or platform.

Hold your bitcoin till the price of bitcoin had reached some good raise.But if you hold it after the maximum raise means, you may lose some profit . Because after the maximum raise, the price of bitcoin will start to reduce .The reason behind this is people will sell their long term holding.As we know ,the demand is reduced. The price of bitcoin will reduce.

for that I think you need to learn technical analysis candle because to know the price bounces and a good time to buy back is to know the movement of the candle. there are many forums where you can study one of them on YouTube many tutorial videos there

 I think it depends upon the situation that you are in if you want some money at that time then you can definitely send and get the profit after that you can definitely buy sum investment this is the best idea for my opinion.

I might be wrong, but with this kind of mentality, I think you are gambling not trading. In order to know when to buy/sell, you need Technical Analysis on your side; most importantly 'charts reading.' If you are going by "Price is bouncing after a dump, so I will buy when it dumps again, and then sell when price bounce again" mentality, you will burn your money in no time.

And for God's sake, if you are trading (and don't have any plan for long–term), DO NOT hold—it is a bad idea as your emotions will kick harder than it normally does, and you will make stupid decisions. Also, use stop–loss orders; they can save your life—don't delay cutting your losses.
 

Is there a queue if it already reaches the bottom of the dip? I am observing the trend of the tokens/coins i followed and try to catch it at the bottom but just very hard to do. I just got burned from this pump and dump scenario.

 I think HOLD is better until the desired price is reached and get profit. instead of hurrying to quickly sell because you see the prices starting to down better to hold on first.
Other suggestions from me are that you often see Market so that it won't be left behind when prices start rising, don't be like me checking Market every one or two days so I hold back more often than sell and I'm more likely to losses because it's too late to sell it.

i prefer doing buybacks,my goal as a cryptotrader is to increase my coins/tokens.for example i have 1 btc and im planning to exit the market when btc reaches $10k,if i would just "HOLD",my 1 btc would always be 1 btc but if i try to do selling and  buybacks there is a possibility i can make 2 btc before btc prices reaches $10k..there's also possibilities that my 1 btc could go 0.7 or less btc so risk is always involved..the results will depend on how you will handle your trades and buybacks.

To me, i will choose hold because i think now is not a good time to buyback or sell. Just holding your coin.

I think buyback and holding are both good in trading cryptocurrency but in different ways because we should use buyback only if we have a good strategy that can help us to minimize the losses and in the time if we want to hold it make sure that we conduct a proper research about the coin that we are going to invest and hold because it can help us to longer our patience and to trust that our expected target price are reached and gave us a huge profit in the future.

Its important to have plan and goal before you invest your money in cryptocurrency, the strategy that you should use depends on your knowledge about the coins you hold.

If you are aware how to do technical analysis in a particular coin then selling and buying back might work for you but its risky compared to holding for long period wherein all you have to do is to wait and have patience until the price increase.

Wait for higher profit and sell or add more bitcoin if you have extra cash. The price is still cheap and it is a good time to buy. 

yes, short trading can make you get a small profit but continue to be sustainable. You must use techniques and strategies for that, therefore experience is the most important thing in the current situation. the market pattern from month to month has the same pattern. therefore you can do trading.

Waiting for the high profits is better than buy back because now you have the actual amount and if you have not need of cash then it is good to use for transaction and while selling now can cause you fee for trading while converting it into other crypto is also charge fee for it.

I think that waiting for higher profits will be more interesting and profitable. Besides, the fees are always changing and the buy or sell orders can affect your investment capital a lot. So I appreciate the longer term investment.

this is trading, where you buy and sell, but always with a analysis of the project and graph, you stipulates a fund and a top, so to buy and sell in its percentage and leave in the profit of those purchases and sales

I prefer to fix the profit with the growth rate of 30-50% and buy the same cryptocurrency at a lower price or take a new one

Selling your coins and then buying them back at lower rates is always a very risky idea. I am saying this, because I have tried this (not with BTC, but with some of the alts) in the past and I ended up with significant losses. 

It's good to plan to buyback but sometimes it doesnt happen sice the price continues to arise or we just missed the time it pump this strategy is risky and needs effort to watch the market all day long in able to do the buyback.

While you're waiting for a higher  profit (say 40 - 50%), another investor has made 5-9%  maybe up to 6 times... He now has  more holdings to enjoy the higher profit when it eventually  happens

Wisdom is profitable to direct boss