ROSEDF
Member
Offline
Activity: 63
Merit: 11
|
|
August 10, 2021, 08:59:35 AM |
|
But the logic is very simple. Buy low and sell high. But the reality is not that easy. When the price of the coin drops again, we should buy it, but we are afraid because we think the price will go down again. Conversely, when the price of a coin has gone up high, we buy it with the belief that this coin will go up again. So it's actually our mental and mindset that we have to change. So that we can be successful in investing and trading.
Yes, after we buy, if the price drops, we will also feel scared. We will want to stop the loss in time, causing our currency to be sold, and regret selling our currency when the price rises. So we have to adjust our mindset and don't be afraid of the market. Exercise our courage. It may seem simple, but it is actually difficult to do. So take your time.
|
|
|
|
Dewi89
|
|
August 10, 2021, 09:25:02 AM |
|
Yes, after we buy, if the price drops, we will also feel scared. We will want to stop the loss in time, causing our currency to be sold, and regret selling our currency when the price rises. So we have to adjust our mindset and don't be afraid of the market. Exercise our courage. It may seem simple, but it is actually difficult to do. So take your time.
Many traders can't control the panic so they stop trading with a cutloss below the buy price, very worried about losses and don't understand the volatility of the crypto market. To overcome panic, it is better to be busy with other activities and avoid looking at the market when it is falling.
|
|
|
|
MIner1448
Member
Offline
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
|
|
August 10, 2021, 01:39:22 PM |
|
Always all investors who invest in bitcoin at any of its prices sooner or later make a profit, of course, most often later, but nevertheless, bitcoin never failed, dropped to a minimum, everyone did not even think that it would take off, but it always took off and you can always make money on it.
|
|
|
|
carlisle1
|
|
August 10, 2021, 04:20:59 PM |
|
It's already a proven thing that buying when the price is low is always much more profitable than buying at a high price. And this can't change in under any circumstances as long as the investor becomes patient and doesn't sell until the price goal is reached. For now, the dip was $29k and people who bought at that level must be quite happy now.
they are indeed happy and some who really aiming for long term investment still holds knowing that the price can move more and bring more profits. Buying high and selling low that's how those lazy investors experienced, thinking that it's easy to invest from this market looking for quick profits, but instead they lose money due to panic and fear after seeing that the market crashes. If you want to deal with this strategy, you need to have a strong will to follow your original set up. Keep in mind that you invest because you wanted to earn, you need to wait till that thing happened to you.
|
|
|
|
Mohsin420
Jr. Member
Offline
Activity: 69
Merit: 1
|
|
August 11, 2021, 11:34:00 AM |
|
Yes this is best statergy to buy in low when coin in dump and hold for best benefit because crypto is a patience and always hold is gold and always invest in best project which have bright future
|
─────── Next-Gen of Algo Stablecoins ─────── ██ ███ ██████ TheStandard.io ██████ ███ ██
|
|
|
skybot13x
|
|
August 11, 2021, 12:16:47 PM |
|
It's already a proven thing that buying when the price is low is always much more profitable than buying at a high price. And this can't change in under any circumstances as long as the investor becomes patient and doesn't sell until the price goal is reached. For now, the dip was $29k and people who bought at that level must be quite happy now.
they are indeed happy and some who really aiming for long term investment still holds knowing that the price can move more and bring more profits. Buying high and selling low that's how those lazy investors experienced, thinking that it's easy to invest from this market looking for quick profits, but instead they lose money due to panic and fear after seeing that the market crashes. If you want to deal with this strategy, you need to have a strong will to follow your original set up. Keep in mind that you invest because you wanted to earn, you need to wait till that thing happened to you. So what if you have an original setup but out of a sudden all governments around the world start cracking down on Bitcoin? Everyone talks about a strategy and sticking to the strategy, but that is not how it works. What if you had a strategy to buy oil and hold it right before the pandemic? Maybe you should adjust your strategy because of the lockdown? The market is so uncertain and full of surprises that having a hard strategy isn't always the right way to go about it. You need to keep yourself informed and also reconsider decisions if necessary.
|
|
|
|
carrigan
Member
Offline
Activity: 728
Merit: 12
|
|
August 11, 2021, 12:45:14 PM |
|
Many people regret not investing earlier when they see an increase in the price of bitcoin from March 2020 - November 2020. For those who have invested, they will definitely reap big profits. but this kind of incident makes someone greedy and less careful, when the coin price is down they just wait until the bottom point where they don't even know whether the market is really going down or will rise suddenly. and vice versa if the market goes up they are actually greedy by continuing to increase the selling price above the estimates they have considered previously, even though the market can really go down at any time. and what will happen is that they themselves suffer losses because of their own greed.
|
|
|
|
amihada
Full Member
Offline
Activity: 1176
Merit: 100
Next Generation Web3 Casino
|
|
August 11, 2021, 01:01:28 PM |
|
buy at a low price and sell when the price is high everyone wants to do but because many people are greedy then regrets must be borne. many of my friends who experience the same thing they quickly panic when the price drops and they sell it at a low price.
|
|
|
|
juliepower
Member
Offline
Activity: 200
Merit: 12
|
|
August 11, 2021, 01:07:17 PM |
|
Everyone wants to buy low and sell high for profit than buying a high price but this is not that easy for everyone because it's depends upon their money capability .Its easy to those who are Billionaires. This is the best strategy to buy low and sell high so you need to be patience ,strategy ,strong for that to things happening. 🙏
|
|
|
|
mckinleeanael07
Copper Member
Jr. Member
Offline
Activity: 166
Merit: 3
TheStandard.io
|
|
August 11, 2021, 02:16:24 PM |
|
This is the mentality of everyone, but in reality they are always afraid when the price goes down and very few people choose to buy at low prices, only experienced investors can really understand. the potential and trend of the market up and down , so that the majority of new entrants to this market usually do not have high profits and instead lose the money they have invested.
|
─────── Decentralized Asset-Backed Banking ─────── ██ ███ ██████ TheStandard.io ██████ ███ ██
|
|
|
bosede1
Member
Offline
Activity: 714
Merit: 16
|
|
August 11, 2021, 03:39:32 PM |
|
When I see how far bitcoin has come I cannot help but congratulate those at any point in time who kept holding and believing in the coin. Any wise investor will definitely buy when it is cheaper and sell when the selling price is higher than the purchase price.
|
|
|
|
rosebrand
|
|
August 11, 2021, 07:38:11 PM |
|
Sad truth, people misuses opportunity when there see it, I can remember at that time where bitcoin got to $3800 many people where already spreading FUD that bitcoin will come down to $1k some where saying it's the end for bitcoin, only the wise once kept accumulating and when price grew to $20k everyone wants to jump in and invest thier lives whereas there would have got insane gains had it mean there made use of the opportunity when it showcased.
|
|
|
|
shield132
|
|
August 11, 2021, 09:13:38 PM |
|
People say that bitcoin was $3800 in March 2020 and no one wanted to buy and because of this people are stupid, etc but at the same time I have a question against: Would you call stupid to people who were selling bitcoin when price was 3800 USD? When there is a buyer, there is seller also (My question isn't dedicated to the OP but I have heard many times that most successors call this kind of people stupid).
Also, if you can't buy low and sell high, then buy high and sell low, i.e. use futures trading. I don't understand of those who say that they are never able to sell high, just use the futures trading if your fate looks like that and that's all!
|
|
|
|
|