Bitcoin Forum

When investing in #crypto, you need to understand where the profits come from? . You buy low and sell high at many times, but you don't always buy at the bottom and sell at the top. I jumped in and ended up not getting a good #entry , then the account was not profitable , even lost & lost . What you need to decide is when the market has explored very deeply, the whole community is afraid to panic you buy at such times, don't listen to the media at those times, it all just annoys and scares you. so all plus outside there . Remember carefully: high profits come from beautiful #entry and waiting. Decisiveness and innovation for sustainable profits! #future is a tool for the house to hook up the coins from the community after 1 season of #uptrend failure = stay away from it!

We do know that this market is composed of Buyers and sellers which means the money you do able to profit or get is coming from the other side who do losses up a trade which this could be simply be

looking like a tug-of-war but of course we are really that aiming on the same thing which getting into the right buying point or entering on bottom or would really be selling out when the price peaks.

The question is, how to determine these things? No one really knows and this is why lots of people cant really be able to take a good grasps when it comes to
trading which it is really just a normal thing since its never been that easy in the first place.

In fact, buying the bottom and selling the top is very difficult. Because as everyone knows the "bottom" is made up where there are the most sellers and the "top" is where the most buyers are.

it becomes difficult because indeed you are not consistent with what you plan. you have bought at a low price, wait and be consistent with your target selling price. if you are affected by what is happening in the market, of course it can make you panic and release your assets.
I think such a strategy only needs to be consistent and precise in determining momentum. if you miss the momentum, then what will happen is panic. sounds easy because it only looks at pump and dump moments. but there must be difficulties. and if you want to succeed overcome your difficulties.

Explain it with Zero-sum game (https://en.wikipedia.org/wiki/Zero-sum_game)

Don't chase the absolute bottom and top, you can not catch them perfectly. Don't time the market as you will fail. Let the market does it natural movement and your responsibility with your capital is Dollar Cost Averaging Bitcoin. It is especially helpful in bear market.

https://dcabtc.com/

Profits come for thosw who are late entries and those who losses sponsor the result of buying late. Isnt that the purpose of trading, buy low sell high? Those who bought early have their advantages since they could sell at any time due to multiplier and those who sold late arent gonna sell it and instead holding to break the price of their negative asset. Well not all, but its gotta be like that hence no one wanted a loss easily.

I just want to give direct answer to this, a profit of someone comes from the loss of someone's and that is the reality so when you buy and how you buy or what made you buy doesn't matter, just wait for the right time to sell which means sell for the price which should be higher than the price when you bought and that's it.

Buy low Sell high is the basic principle and just like what been mentioned but it isnt something that do comes so easy for someone to do so.Profits do really come into those people who had lost
into the other side.Exchange platforms are really just making money out of those trading fees on what those traders been doing specially on taking or making up orders.
This is why we do have several exchange platforms which are known and been used and we know that they are really that generating huge revenue out of those
trades which it do make them consistent and able to sustain.

entry is always essential in gaining profit but the think is, just remember when the coin are getting corrected so hard back then, if we think using good logic then that's certainly best time ever for accumulation yet many are still hesitant and when the market getting any better they regret that they didn't accumulate, it's always state of psychology that holds many from earning profits, so it's certainly not as easy as saying that we should get best entry out there in order to make tremendous returns. there are many thing that could affect the decision making and certainly fear and hesitation is always such big influence, moreover the fact that we don't have any slightest idea in regard of when market gonna be bottoming outs adds the difficulty.

Its not easy about theory said how to earn profit in cryptocurrency trading, there are not guarantee when you buy on lower price have chance another lower price come back later after your order filled. Before I begin investing in bitcoin many predicting and people said its easy buy on lower price then sell later after price pump.

But in the reality I faced many complicated problem from coins drop drastically after investing although have entry on lower price and another dip price coming later. Actually to consistent with profit have been patience and spent several kinds price order buy not all in for the same price. You need spent fund each 30% for getting difference buy order how to manage later if price drop drastically.

Have you incurred big loss from crypto market as your username suggests asking just out of curiosity? Second you can't exactly tell what's the bottom point and top level at which you decide entry or exit to the market as it's too difficult.You need to check that ar what bottom level you can invest or what are high goals for you not the whole market making personal profits and satisfactory returns.If you can time it out it will work for you but not always.

Hm, many people will forget this and get tired of holding, it is not as easy to hold your coins as many are saying, when you hold your Bitcoin and plan ti sell years later you have to pray that nothing bad should happen within that period, because you will have no choice but to sell your holdings to safe your life or someone's else.

I believe trading platforms make more money with their withdrawal fee not from the trading fees because most of the reputed exchange has negligible trading fee but the withdrawal fees are x times higher than the actual transaction fee at the current blockchain status and also they combine batch transactions so they are making more money in that.

And exchanges make money from the crypto assets we deposit to them because it's not really our wallet and they can use it for whatever they wanted and simply show us the figures since it's off chain and the best example for this is FTX they invested users money over their 100s of companies and lost it.

You are right but this strategy will only work for those who want to buy and hold for long time. This type of scenario can be seen in two or three times in year and its not good for those traders who want daily earning. i think the better strategy is to buy some specific coins in every dip because if you wait long for bug dip , may be you miss ship and And you didn't get a chance to buy low

Trading is more beneficial than holding. suppose you buy one coin when there extreme fear in market. this tokens can give you 2x in two months but at the same time if you buy low and sell high multiple times then you will make 4x in two months because we know that any token doesn't rises straight but reached high price after creating multiple up and down charts.

That's exactly how the market works, the price point which you consider to be the best for buying is probably the best selling price for someone else who is selling you those coins, and the point where you take profits is the time when someone else is just buying for the sake of getting profits. So, the timings of different traders, buyers and sellers, always differ but eventually, they are reach their desired destinations, some with higher profits and some with less.

Timing the market is definitely not easy, at the times of panic, one may go for buying more looking at the price dropping, but you never know, the price can drop even more. So, there's never really an exact bottom to buy nor there is an exact top to sell. It all depends on what you aim for as a trader.

Depends on which crypto you are talking about...

If you are talking about some altcoin with absolutely no innovation or anything backing it and no business model behind it then its probably 100% speculative, in which case the profits you earn from it are from the people buying the coin/token. This could be seen as unethical but thats basically what memecoins are.

If you have an innovative coin with an innovative blockchain then thats a different thing.

And if you have a business model pumping profits into the coin then thats where the profits come from. And if that coin is combined with an innovative technology then thats a solid altcoin which could very well be worth investing in.

But a lot of altcoins lack innovation and just copy the original top coins.

Everyone could really be versatile on which we do know that each one of us does have different goals or targets in life.It is really dumb on making a selling decision if you
do saw that the condition of a coin you've been holding is on bearish mode or dumping situation? Of course you would really be holding it no matter what and would
wait up further because we know that it isnt really just that worth for you to sell out  on low price situation.You wouldnt really be that
dumb on making out that decision.

It's not always that you'll be able to sell at the peak price of the coin you're trading and also won't be able to buy at the lowest when you're trying to buy.
What matters is that you'll be able to buy at a decent considered low price and able to sell at a higher price whether it's not the peak or just near to it or just average.
The important thing is you're profiting from your trades and even if you're not able to maximize your profits, that's fine because the goal is to make a profit and it's unpredictable as well whether you'll be able to see the top of it or not.
The greedy traders are even the ones that have experience losses because they're too hopeful and expecting more than what's in front of them and they don't secure their profits.

Why is this point of entry matters to you?

Trading is not that simple and it requires vast understanding of what's actually happening inside and outside of the market. But you have a choice to choose whether you will get affected by the current trend or control your emotions and continue on what you would be doing.

The basic principles are buying low and sell high it ain't that hard but I guess you waited a little longer that's why you missed and being greedy will always bring you to the bottom. Take the profit already if you see it and proceed with another strategy since you are not the only one doing what you think you are doing is unique.

I would say when you make a bad trade, do not sell and instead DCA, this of course works with btc and not all altcoins. Some of the altcoins are so terrible that they will keep going down and down and never back up and will die, and if you picked one of those then you are going to end up with a big loss. However, if we are talking about bitcoin trading, and if you buy at the top, then all you gotta do is buy more and DCA your way out of it. This means you will have less and less need for the price to go up, and eventually will profit when it goes up. Will take money and time to do it, but at least its a way out.

No need to be too technical about these. Just aim for the profits and don't mind where these profits came from.

It won't give any benefit to us in the first place and besides here in trading, we just have to mind our own business.

Buying low, selling high - seems a simple statement but is hard to execute in reality, in most cases.

First of all, do not add "hashtag" everywhere because that is not going to be helpful considering we are on the SMF which does not support hashtagged. Just leave it as it is OR you can bold or underline the important words you want everyone to read about.

Well, what I understand from your post is, you trying to work the math if someone is selling profits then who is buying? Let us understand that the market is full of investors, and volume is always driving because for every investor an entry point could be different all the time. I mean you may think you are in profit and selling at very high prices but for someone, it could be just initial entry or they are just buying because they are long-term whales who keep eating whatever comes in handy.

This is why the market works two ways and if you are selling then someone is always buying. Obviously, it works only in the case of high-volume markets such as bitcoin.

So in essence, when someone is selling, someone is definitely buying. It's a cycle that will always exist, if you are confused then look at buying and selling transactions on one coin, we will see at the same time buying and selling transactions so quickly. Things like this seem familiar to be questioned.
You are right, when we sell at the highest price, it doesn't mean that everyone will feel the same way, it could be that they are just starting out by buying and adding assets to their portfolio. So as it is said, where there are those who sell there will definitely be those who buy.

What if they already set a stop loss? I don't think a trader can wait for the assets to recover once they start dumping but the one that usually does that are the investors. If you invest on a newer altcoin and if you doubt about their future, you should also set a stop loss so that you won't lose further. They might recover but the chance of it might only be small.

When it comes to BTC, if we accidentally buys at the top, we can wait for a while as there is a chance that the increase will continue. We can then sell to get out and start investing again at the dip. If we think the price of BTC is not yet high, we can continue doing a DCA as there might be more increase that will come.

Trading is a zero sum game, all the money that you take out of it must have come in by someone else. All the prices at the exchange are quotes were real people offer to buy and sell their coins. So the profit we make in trading is someone else's loss, but because there are hundreds of thousands of traders in the market it's not always a direct relationship. It's good that you made the difference between selling positions at bad prices and keeping them until prices recover. All the losses are only on paper until we actually trade the coins and realise them. That's why it's important to only use money for trading that we don't need, to make sure we are not being forced into liquidating positions at a loss. The difference between making a profit or a loss can only be a few months.

In my opinion, the most important thing is to be patient and do not be afraid to take risks. 
 
If you are a long term ing in crypto is not a bad thing, but it is a good thing. 
 
There are many ways to earn money, but most of them are not easy. 
 
For example, you can buy a car, pay for it, buy a house, etc. 
 
If you are a long term investor, you should be able to make a profit in the long term. 
 
Invest

The process of trading includes both profits and losses. But If you are doing one thing continuously, for example only loss, and you keep on doing it over and over. You are not learning anything. Learn from your mistakes, work on them to be the best at it. The same goes for profits/wins. If you keep on making profits, you are not facing any challenges. In that process, you are not learning the necessity of loss. But when you face this in the future (as this includes both profits and loss, you are bound to face it someday) you will become panicked and in then you will take the wrong steps. So have fun with trading. Experience both, gather knowledge, and then apply them to become successful.

And the profits are coming from other traders who are loosing. When you make a loss, others get profits.

The way trading works, assuming no fees and spread it’s basically zero sum. For one to make money, someone else needs to lose it.

Doesn’t matter if it’s crypto trading or long term investing in stocks. There will always be one person to lose it all. Considered FRC. Someone bought it at the IPO and the same stock was sold along the way, everyone made money except the last buyer who lost it all.

This is how trading works.

I think the first thing that you said is contradicting. If you choose to be patient, it only means that you are afraid to take risks (big risk) but there are those who are rushing and just trade or invest immediately even without doing the first step which is to learn and practice. I think these are the example of fearless or not afraid to take risk.

Long term is never a bad thing of course because it cuts risk and at the same time it allows us to see the full potential of our investments. Short term isn't bad either, it's just more risky but like investing, the profit potential here is also high. Indeed earning money is not easy so we must be careful with what we are going to do if we don't want to lose it easily.

No one can really find out when will be the extreme bottom of the coin, or where the coin will stop increasing in price. Everything is based on assumptions. Rather the term “investment” means that, it is not fixed to get profit always. When you invest there is always the risk of loss revolve around you. So in order to make profits you need to take the risk and dive into this vast ocean of crypto investments. To make the maximum profit, study and observe the market and choose the best coin, according to it. And at first all make mistakes and losses and we learn from it.

Hashtag - not supported in the forum.

I am amazed at how one can reach a conclusion so quickly. Have you seen the oldest player in the crypto world? Man, they are holding since the beginning and are more profitable than the person who is DCAing for a long because they can't reach that bottom ever. However, you can always win the market if you are not selling. I have read on this forum itself, if you sell then you lose, if you keep holding then you don't lose anything. It's a simple mantra to follow.

The only question is: How much profit do you want to book?
If you know the answer then you know when to sell. That's how simple it is :)

Ah, selling – the Achilles' heel of yours truly. I mean, I've clung to this ancient sofa for eons, despite it being a stained, wet-dog-smelling mess. But hey, who knows, maybe it'll rake in the big bucks someday! But for real, when it comes to Bitcoin investment, think long game. Yeah, there'll be crazy moments, but hold tight to your coins and trust the process; you'll emerge victorious eventually.

Sure, some peeps argue that profits should always be the endgame and hoarding coins is a disaster waiting to happen. To them, I say: chillax, peeps! Life's too short to obsess over a speedy payday. So if you're playing the marathon, grip that Bitcoin and don't let naysayers sway you. And who knows, my gnarly old couch could become a goldmine someday!

Exactly, the profits of one person comes from the loss of other(s), so we never lost anything until we are holding the asset. OP is just new and came into conclusion too quickly which is not really a good thing to practice when you wanna be a trader. Just start from the beginning and learn from your mistakes so it means if you want to be a master then you need to go through all the phases of market.

Have you ever buy and realized some interest over your holdings before you sell, did you also consider where those additional incentives or income source from? or maybe you've been using an exchange to perform your exchanges and trading daily, have you considered they also want to make profits from the services they provided for you, everyone is complementing each other no matter how small it is.

We have no idea how far the market will retrace. We cannot also predict the price. We'd all be wealthy if we could predict the market. Because the market is always looking for liquidity, the price will likely move in the opposite direction. In this zone, the price frequently lands before breaking the prior high. Liquidity is typically evident in equal lows and highs, but it can also be found in imbalance.

People think buy at the bottom and selling at the top is very easy, we know it’s the fundamental of trading, but if it’s really easy then that’s what all trades will be doing and they will be rich already, it’s not all about buying low, how will you even know that the market is low already, how will you know it’s at the bottom already? To me it’s even very difficult to buy the bottom. Just make sure you do your technical analysis well before entering the market, and your technical analysis might still fail you sometimes, do your analysis know when to enter the market and know the appropriate time to leave the market, don’t be greedy but you thinking you will get the bottom, I don’t think that will be easy.

Mate, you don't have to be making use of hashtags in the forum as they don't appear as they do on other social media and it makes reading your posts very difficult. From what I can understand you're advising us to always buy when the market is in corrections and the fud are at its highest level. Doing this only works for Bitcoin as there are higher chances of it recovering.

As an investors you shouldn't be waiting for the perfect timing to enter the market, you should develop the habit of buyiyyour coins when everyone is selling and then you wait, that's how you can increase your chances of making big profits. Example, those investing now will profit in the future more than those who'll invest in the future.

I am not entirely sure if it will act like that, I am not saying it won't but I feel like it will not be just going down. I think whatever retraction happened already happened, but I do not think that it will be that much of a big deal, I feel like it will be a simple situation. The best thing about the current situation is that it should not be a big deal for this drop, it feels alright.

I think it is important to remember that bitcoin always recovers in the end, and 2023 has been a bull year so far, reached from such lows to 30k levels. May will probably end above 30k if you ask me, and that will be the case for all of 2023 as well, going to keep getting higher and higher, maybe end with 40k+ or even as high as 50k+ if possible, that would be lovely.

The main principle of profiting from crypto is to buy coins at a low price and sell them at a high price. But this is not always the case, many times we buy the coins when the market is relatively low, but due to bad conditions in the market, the market falls further below that low condition, as a result of which we suffer instead of profit. And some news confuses us even more. There are many people who always spread negative news about the crypto market. These negative news have a bad effect on many people.  So we have to avoid these misleading news and have enough knowledge about the market. Gaining enough knowledge and experience about the market will increase your wealth's chances of growth rather than losses.

Most common mistake for newbies and even for intermediate traders is the mentality of chasing the bottom and the top when buying or shorting on futures or even on spot. Chasing the absolute bottom and high price on the market when trading is equivalent to chasing miracles and a bit of gambling. Even the most seasoned traders cannot pinpoint the bottom and high prices perfectly and I bet that most don't even bother stressing themselves out chasing those prices. What these veterans do instead is device a good trading plan and stick to them regardless of fud or hype. Which have made them gain tons of profits and minimal losses from the mistakes of most newbies and intermediate traders.

It's okay if you don't always buy at a low price as long as you can sell it at a higher price than your purchase price. It will give you an advantage and if you can repeat it many times, the profit will be even greater.

From that situation, you know what you have to do to buy at the lowest price, which is to continue to learn to analyze. Well, only with that you can get a low price even though you won't always be able to get it.

And when you want to sell it, you must prevent greed because that often happens to us. We already have a target selling price but it turns out that the price is still acceptable while we still hold the coin because we want to sell it at a higher price. This can cause your profit to be lost because the price can immediately return to the low price.

You get a good entry but you lose there. How is it possible when you say good entry but have to lose :D

We often discuss that conditions in trading if it is not done correctly and with really observant research it clearly has a very high risk.
I'd rather invest in this than trade because I'm aware of my current state and strengths remembering to trade is full of passion and I just can't do that.
I think if you really want to do that, then studying deeper is important so you don't feel cheated by it because indeed when you just trade and try it you don't get anything because it's just luck in the hope that is given but this is not gambling that expects anything like that, this is trading and not gambling.

Since trading is a zero-sum game, any money you take out must have been contributed by someone else. Every price listed at the exchange is a quote from actual buyers and sellers of coins. Since there are hundreds of thousands of traders in the market, the profit we make from trading is therefore someone else's loss, though there isn't always a direct correlation. It's commendable that you were able to decide between liquidating positions at low prices and holding them until prices rose again. Until we trade the coins and realize them, all losses are only theoretical. To avoid being forced into closing positions at a loss, it's crucial to only use trading capital that we have available. Only a few months can separate making a profit or losing money.

I am very confused on what you are pointing out, but that is the right time to buy if people are panicking and all the posts on social media are worrying about the price, that is the time to buy but again it should have basis like the project isn't dying unless it is bitcoin. But again it is difficult to know that it is the dip that is why always have a knowledge to have your own analysis on every entry you want. Also profits are not always in dips since if you keep waiting on this you missed out other entries.