traderethereum
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March 27, 2017, 06:11:18 PM |
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Do you always missed the right time to sell or buy bitcoin?
Nope i don't missed the chance to sell my bitcoin from exchanger i always set automatically price of bitcoin where once the price i set hit it there will people will grab that and then had that profit exchange into fiat currency and use for my personal needs. i do not think that there will such a perfect person who can claim that he never missed the right time to buy or sell bitcoin. for me although for some time i catch the right time to trade but other time i also missed good time to buy or sell bitcoin in right time. i think there will be sometime that we are missed the good time to buy and sell bitcoin but maybe we don't realize and don't want to talk about it. because if we honest to ourself, then i think we have many experience for this and we have missed many times to buy and sell bitcoin in the right time.
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Sled
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March 27, 2017, 07:16:30 PM |
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Do you always missed the right time to sell or buy bitcoin?
Nope i don't missed the chance to sell my bitcoin from exchanger i always set automatically price of bitcoin where once the price i set hit it there will people will grab that and then had that profit exchange into fiat currency and use for my personal needs. i do not think that there will such a perfect person who can claim that he never missed the right time to buy or sell bitcoin. for me although for some time i catch the right time to trade but other time i also missed good time to buy or sell bitcoin in right time. i think there will be sometime that we are missed the good time to buy and sell bitcoin but maybe we don't realize and don't want to talk about it. because if we honest to ourself, then i think we have many experience for this and we have missed many times to buy and sell bitcoin in the right time. Losing the right time to buy and sell is not just sometimes because it almost happens everytime since we were not able to predict or see the future very well and we are just depending on the candlestick charts or the news/updates that is there. But for me those kind of situations is not a big deal because it is part of the game and the thing we should be focus on is how we are able to take advantage of the pump and dumps and make profit not by just selling and buying for the right time but also doing trades pretty well.
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Ipwich
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March 28, 2017, 07:52:26 AM |
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Personally speaking, I found myself to be not-so-lucky when it comes to converting my Bitcoins. I remembered that for many times when I buy my Bitcoin I thought the trend is really going up but it was not and by the time I got afraid that the value can go down then I sell then it reversed its direction. Really, for ordinary guys like us, it can get so hard to rightly predict the movement of the market. It can indeed be frustrating.
It is not just for you, I do hear many people are sharing they are not finding good prices when they want to cash out. Maybe out of greedy we people are looking for very high prices of that day. Practically it will not be possible for any trader to catch the exact maximum prices of the day. Even markets also will not hold there, usually it will come down and only below the high price we could sell. That mindset will only make our venture very risky, we are looking for better price but the price of bitcoin does not move at our expectations all the time. As investors, we need to have a proper plan on when to initiate buying and selling of bitcoins and I believe the hardest part is selling when you feel you are not yet contented of the price or if you do not have the right guide to follow.
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Silberman
Legendary
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Activity: 2688
Merit: 1374
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March 29, 2017, 12:34:15 AM |
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Unless you are a skilled trader with a track record of making winning trades over a large sample why would you think you can buy/sell at the right time?
I guess the thing is, when you analyze that the value of coin reaches its high peak than usual value so you, fluctation of bitcoin value is so unpredictable so it will be hard to recognize if you gonna sell it now since you can see that it is in high value than usual. Timing is the main key if you really want to earn good from buying and selling. If you read a little bit abut trading then you may be able to find the moments when it makes sense to buy and the moments when it makes the most sense to sell, you don’t need to see graphs hours to see these values if you did it once a day you could see the opportunities present themselves. in other word you are relies on something uncertain like feeling? i don't think it will work to find the right time to buy/sell , trading for those people who don't completely understand will feel like a random thing , something like gamble between get profit or lost it, so just get used to it. I never said anything about feeling I said that you needed to read a book about trading in order to find the right moment to buy and sell and that is true, those that trade without reading and studying are gambling but if you know what you are doing then you are trading. Reading someone's experience doesn't gonna get you the profit with trading, because the person who wrote the book might have analyzed in a entirely different situation when he was into trading. In my opinion with bitcoin one cannot make a profit reading a book on trading and implementing it. But if you are not going to use the previous experiences of other then how are you supposed to learn? While first hand experience is great I cannot say that is the best method especially in something that requires to invest money.
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White Christmas
Sr. Member
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Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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March 29, 2017, 02:58:02 AM |
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Do you always missed the right time to sell or buy bitcoin?
Currently not since I have learned what occrued on the first week of january. Due to volitality on that time, I used to have a faith in bitcoin that it would survive same as what happened in 2013. In believing in its strength in market, I did not lose my money but I gained rather.
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xIIImaL
Legendary
Offline
Activity: 1372
Merit: 1005
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March 29, 2017, 03:46:20 AM |
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Do you always missed the right time to sell or buy bitcoin?
Currently not since I have learned what occrued on the first week of january. Due to volitality on that time, I used to have a faith in bitcoin that it would survive same as what happened in 2013. In believing in its strength in market, I did not lose my money but I gained rather. Correct, Bitcoin price always use to volatile from 2014 to last halving, Still bitcoin value becomes stable and touched more than 1000$ after the last Christmas. We are seeing some dips in the last few weeks. However, we can consider the bitcoin is volatile. For OP, Always bitcoin is always right to buy because price is always moving upwards only but fluctuations you may but don't give a damn about simply buy it. If wanna sell it, do always indeed money time. Do not sell it simply.
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Kasabus
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March 29, 2017, 05:19:34 AM |
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Do you always missed the right time to sell or buy bitcoin?
Currently not since I have learned what occrued on the first week of january. Due to volitality on that time, I used to have a faith in bitcoin that it would survive same as what happened in 2013. In believing in its strength in market, I did not lose my money but I gained rather. Correct, Bitcoin price always use to volatile from 2014 to last halving, Still bitcoin value becomes stable and touched more than 1000$ after the last Christmas. We are seeing some dips in the last few weeks. However, we can consider the bitcoin is volatile. For OP, Always bitcoin is always right to buy because price is always moving upwards only but fluctuations you may but don't give a damn about simply buy it. If wanna sell it, do always indeed money time. Do not sell it simply. No one would missed if they do the right research, we have to follow also the speculation of other people we need to be fully updated with what is happening. Last week was really not good for bitcoin as it was down below $1,000 which I think it would continue until $800 but I'm happy to see now that the value is up and we are back at $1,000. This is a good timing now so do not hesitate to buy and go with the price flow upwards.
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klf
Legendary
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Activity: 1344
Merit: 1000
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March 29, 2017, 06:33:11 AM |
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I made a mistake by bought btc the last day before big dump to $923, the price dropped just few hours after I bought. Just made $70 on daily trading but lose about $650 in just few hours.
I think it is a common thing most of the traders will go through this kind of situation but off-course if you want to sell them immediately then it is a loss, but if you can keep them for some time I believe you can still make some profit from your investment. That's why I never invest borrowed money in the market because we may be forced to sell for losses. If you can wait then it is a temporary loss but you need to wait some more time to make a good profit.
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goldcoinminer
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March 29, 2017, 06:52:19 AM |
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I made a mistake by bought btc the last day before big dump to $923, the price dropped just few hours after I bought. Just made $70 on daily trading but lose about $650 in just few hours.
I think it is a common thing most of the traders will go through this kind of situation but off-course if you want to sell them immediately then it is a loss, but if you can keep them for some time I believe you can still make some profit from your investment. That's why I never invest borrowed money in the market because we may be forced to sell for losses. If you can wait then it is a temporary loss but you need to wait some more time to make a good profit. There are also risk of holding your bitcoins and that when the market crashes, what is right IMO is sell every time you see a profit. It's a cycle, you need to monitor the timing only and sell and buy at the right time to benefit in every action.
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chineseprancing
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March 29, 2017, 09:18:38 AM |
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I made a mistake by bought btc the last day before big dump to $923, the price dropped just few hours after I bought. Just made $70 on daily trading but lose about $650 in just few hours.
I think it is a common thing most of the traders will go through this kind of situation but off-course if you want to sell them immediately then it is a loss, but if you can keep them for some time I believe you can still make some profit from your investment. That's why I never invest borrowed money in the market because we may be forced to sell for losses. If you can wait then it is a temporary loss but you need to wait some more time to make a good profit. There are also risk of holding your bitcoins and that when the market crashes, what is right IMO is sell every time you see a profit. It's a cycle, you need to monitor the timing only and sell and buy at the right time to benefit in every action. Agree with you mate, if you are a real trader you should need to monitor the trend of the price of bitcoin and if you feels you already earn good profit you should sell it and wait again for the right time for buying coins. Do it regularly i think your bitcoin will increase rapidly.
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blackhawkeye1912
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March 29, 2017, 09:23:50 PM |
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Do you always missed the right time to sell or buy bitcoin?
I hold bitcoin for a long term, for what I did always was I traded altcoin in different exchange sites platform. On which things I did was Buy and sell procedures.
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Sled
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March 29, 2017, 09:50:24 PM |
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I made a mistake by bought btc the last day before big dump to $923, the price dropped just few hours after I bought. Just made $70 on daily trading but lose about $650 in just few hours.
I think it is a common thing most of the traders will go through this kind of situation but off-course if you want to sell them immediately then it is a loss, but if you can keep them for some time I believe you can still make some profit from your investment. That's why I never invest borrowed money in the market because we may be forced to sell for losses. If you can wait then it is a temporary loss but you need to wait some more time to make a good profit. There are also risk of holding your bitcoins and that when the market crashes, what is right IMO is sell every time you see a profit. It's a cycle, you need to monitor the timing only and sell and buy at the right time to benefit in every action. Agree with you mate, if you are a real trader you should need to monitor the trend of the price of bitcoin and if you feels you already earn good profit you should sell it and wait again for the right time for buying coins. Do it regularly i think your bitcoin will increase rapidly. Yes that is the right strategy or way on how to increase our money properly. Buying bitcoins for a low price and then selling it when we reached good profits and waiting for another dump is a safe play for me and that is very effective even for newbies but we need to remember that we should not be so greedy in doing that because there are times that the bitcoin will be on a hard dump and it will cause for losing the game.
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Monnt
Legendary
Offline
Activity: 938
Merit: 1002
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March 30, 2017, 03:19:06 AM |
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I made a mistake by bought btc the last day before big dump to $923, the price dropped just few hours after I bought. Just made $70 on daily trading but lose about $650 in just few hours.
I think it is a common thing most of the traders will go through this kind of situation but off-course if you want to sell them immediately then it is a loss, but if you can keep them for some time I believe you can still make some profit from your investment. That's why I never invest borrowed money in the market because we may be forced to sell for losses. If you can wait then it is a temporary loss but you need to wait some more time to make a good profit. There are also risk of holding your bitcoins and that when the market crashes, what is right IMO is sell every time you see a profit. It's a cycle, you need to monitor the timing only and sell and buy at the right time to benefit in every action. Agree with you mate, if you are a real trader you should need to monitor the trend of the price of bitcoin and if you feels you already earn good profit you should sell it and wait again for the right time for buying coins. Do it regularly i think your bitcoin will increase rapidly. Yes that is the right strategy or way on how to increase our money properly. Buying bitcoins for a low price and then selling it when we reached good profits and waiting for another dump is a safe play for me and that is very effective even for newbies but we need to remember that we should not be so greedy in doing that because there are times that the bitcoin will be on a hard dump and it will cause for losing the game. For a long time now people have been using this strategy of buying and resealing depending on the price to make some good profit, and especially in the recent few month with the changes that the bitcoin is facing, but following them blindly is not always profitable, it comes with a lot of risks because the price could go up as soon as you sell it and keeps on going up and it will be hard for them to re-buy it.
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Viscore
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March 30, 2017, 03:59:11 AM |
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Do you always missed the right time to sell or buy bitcoin?
I hold bitcoin for a long term, for what I did always was I traded altcoin in different exchange sites platform. On which things I did was Buy and sell procedures. Even if you are not trading it you can still make a profit in the long run, trading is just another option to increase your capital especially if you are not holding that much. I believe that mixed trading like doing some altcoins trading will give you a wider knowledge about the crypto world and that would help you to grow and mature as a trader. Right now, there's a chance we can make easy money in a faster way with altcoin trading because pump happens most of the time, so better wait for the right timing.
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Silberman
Legendary
Offline
Activity: 2688
Merit: 1374
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March 31, 2017, 01:53:26 AM |
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Do you always missed the right time to sell or buy bitcoin?
Currently not since I have learned what occrued on the first week of january. Due to volitality on that time, I used to have a faith in bitcoin that it would survive same as what happened in 2013. In believing in its strength in market, I did not lose my money but I gained rather. Correct, Bitcoin price always use to volatile from 2014 to last halving, Still bitcoin value becomes stable and touched more than 1000$ after the last Christmas. We are seeing some dips in the last few weeks. However, we can consider the bitcoin is volatile. For OP, Always bitcoin is always right to buy because price is always moving upwards only but fluctuations you may but don't give a damn about simply buy it. If wanna sell it, do always indeed money time. Do not sell it simply. No one would missed if they do the right research, we have to follow also the speculation of other people we need to be fully updated with what is happening. Last week was really not good for bitcoin as it was down below $1,000 which I think it would continue until $800 but I'm happy to see now that the value is up and we are back at $1,000. This is a good timing now so do not hesitate to buy and go with the price flow upwards. To think you are never going to make a mistake and get right every single call is a mistake you need to be prepared to make mistakes when you trade that way you will not be taken by surprise by them and you will be able to adjust your behavior accordingly.
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