error08
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August 24, 2017, 05:33:18 PM |
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Have done this many times. I usually don't sell low, but have been stuck in a few coins that I didn't really want to hold because price was rising and I thought it would go higher. Then I hit that buy button and tank. Don't invest on random coins which has small possibilities to increase, there are many famous coins and already proven profitable in long term. Yes, cheaper coins means higher profits if you buy tons of it and wait it rise up, but this is just random guesses whether will become a reality or just sit in the bottom of prices. There are many ICO that may more profitable and worth to invest, try to learn about those coins and not just seeing the charts rise up and judge it will continue to gain more value.
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Backupnime
Full Member
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Activity: 494
Merit: 104
homt.net
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August 24, 2017, 05:38:05 PM |
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
you can trying metode triangle for trading ex. altcoin price is 10k you can place buy order with total btc is 0.2 buy at rate 9k >> 0.025 buy at rate 8k >> 0.05 buy at rate 7k >> 0.1 now if the market down in rate 8 you can sell them and still get profit from that.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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didik12
Member
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Activity: 124
Merit: 10
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September 03, 2017, 04:20:04 AM |
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
Be practical being trader we need profit because it is our purpose when we are trading profit is every body intention in trading. So as treader we need to sell high our btc and to buy low of btc to other's. It is the strategy of all trader's if the trading have no intention to gain profit so it is not a trading it is only a changing to each other. No one can buy if he/she is deficit. So Anyone the purpose is earning money in trading.
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hridoyb
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September 05, 2017, 05:17:19 PM |
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Many times i do this when i am donot understand about trading.First i am loss 0.040btc .This time I am buy some coin and its market down for a long time.And i am deside to sell low price.Then i am hate trading but now i am buy some coin in different exchange and deside to hold for a long time.So i suggest trading does not mean that you buy coin low and next you can sell high. it is totally result for patience
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reliable
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September 05, 2017, 05:23:38 PM |
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Have done this many times. I usually don't sell low, but have been stuck in a few coins that I didn't really want to hold because price was rising and I thought it would go higher. Then I hit that buy button and tank. This do happen especially with the altcoins which are very tandem and does not have a good future. Always do research before buying any altcoins especially if they are not the top 10 coins in altcoins list. Do sell if the price is dropping quickly because it may never recover and you will end up with a huge loss in such case. So better to book some loss and buy other good coins.
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sumangs
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September 05, 2017, 06:26:13 PM |
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They are giving opportunities try to buy while they sell low. If this is true then grab the chance to get a higher profit. I think they're are still new or they have a hidden plan on it but still it looks like a fail move for them.
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hilarypolar
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September 05, 2017, 07:06:30 PM |
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in my opinion (im not an expert) but i think that even by just holding in a future you will be able to have a lot of profit. sometimes is not so easy to 'buy low and sell high'
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djgtr
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September 05, 2017, 08:29:15 PM |
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Many times i do this when i am donot understand about trading.First i am loss 0.040btc .This time I am buy some coin and its market down for a long time.And i am deside to sell low price.Then i am hate trading but now i am buy some coin in different exchange and deside to hold for a long time.So i suggest trading does not mean that you buy coin low and next you can sell high. it is totally result for patience
yes i agree patience is a virtue.many people sell it even if it has a low price because they dont have patience or maybe they panic .but i think that was a verry worst thing to do buy high and then sell low.maybe only fool will do that. It is just like buying food to eat and then throw it after you recieve it is just like wasting time and money.
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hellen xaveria
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September 05, 2017, 09:54:01 PM |
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which obviously do not panic in seeing the sometimes uncertain market situation, if you want to succeed in trading a lot of learning and looking for the right formula in trading, so there is always a solution when seeing the market is not clear
my advice to prepare a cup of hot coffee beside your computer to be more rilex when trading while sipping his favorite coffee anya good luck
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pairinpay
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September 06, 2017, 02:51:59 AM |
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How do you control this? Plan your trades. Decide on and set a certain price where you're planning on buying. Don't let your emotions take control of you.
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rickadone
Legendary
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Activity: 1176
Merit: 1024
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September 06, 2017, 11:12:05 AM |
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Have done this many times. I usually don't sell low, but have been stuck in a few coins that I didn't really want to hold because price was rising and I thought it would go higher. Then I hit that buy button and tank. This do happen especially with the altcoins which are very tandem and does not have a good future. Always do research before buying any altcoins especially if they are not the top 10 coins in altcoins list. Do sell if the price is dropping quickly because it may never recover and you will end up with a huge loss in such case. So better to book some loss and buy other good coins. What sort of research you really want the guy to do? I will suggest him stop wasting time on altcoins if he is and start investing in bitcoins. The bitcoin price is going to decrease a little more and it is better to keep an eye on fluctuating prices. The dip is gonna last a little longer so it is the right time to spend in bitcoins.
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agus sayadi
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September 06, 2017, 11:32:10 AM |
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If you mean we need to cut loss our coins I think its normally, sometimes we make a late buying of some coins so when we have them in our wallet the coins go down again and make us must to hold them for a long time to
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GuppyMan
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September 06, 2017, 11:40:49 AM |
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In principle, if it is profitable for you to buy at any price, but usually buy at a reduced price. And if you have at least some experience in the trade and you want to become a real expert in this field, then to overcome the losses it is necessary to wait for a fall and panic will not prevail.
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naira
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September 06, 2017, 03:23:30 PM |
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If you always buy when the price is high and sell when the price goes down, I'm sure you will experience continuous losses, the core of this trading is patience and do not panic.
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BitDiscussion
Member
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Activity: 98
Merit: 10
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September 08, 2017, 11:55:52 AM |
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in my opinion (im not an expert) but i think that even by just holding in a future you will be able to have a lot of profit. sometimes is not so easy to 'buy low and sell high' It is not that difficult also. If someone is not very greedy then he can tell that the prices have reached the highest peak for the present pump phase. Those people who were expecting more when BTC was 4800 dollars were overdoing their greed. Some sell at that time because they were contended with the prices.
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PizzaBTC
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September 08, 2017, 12:21:30 PM |
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If you always buy when the price is high and sell when the price goes down, I'm sure you will experience continuous losses, the core of this trading is patience and do not panic.
If someone is facing this tragedy again and again then I think it will be better for him to give up on trading because definitely it is not for him. However, practically it is impossible. I suggest controlling emotions and excitement a little bit more so that right decisions can be taken.
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ynatopak14
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September 08, 2017, 03:25:49 PM |
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you are offending me !! lol i did this by mistake on my first day i do know the buy low sell high but i did replace a wrong order that why i got the mistake .. and i feel sorry bout that i lost 50bucks in just an hour but i did get it back 2 days after of watching the graph of bitcoin and searching for the nice coin to invest with ... ADX is my worst experince though komoddo and verge is the best proofit i had !!
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drlukacs
Sr. Member
Offline
Activity: 854
Merit: 253
l0tt0.com
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September 08, 2017, 03:56:27 PM |
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Have done this many times. I usually don't sell low, but have been stuck in a few coins that I didn't really want to hold because price was rising and I thought it would go higher. Then I hit that buy button and tank. This do happen especially with the altcoins which are very tandem and does not have a good future. Always do research before buying any altcoins especially if they are not the top 10 coins in altcoins list. Do sell if the price is dropping quickly because it may never recover and you will end up with a huge loss in such case. So better to book some loss and buy other good coins. What sort of research you really want the guy to do? I will suggest him stop wasting time on altcoins if he is and start investing in bitcoins. The bitcoin price is going to decrease a little more and it is better to keep an eye on fluctuating prices. The dip is gonna last a little longer so it is the right time to spend in bitcoins. Actually, recently Bitcoin market has many fluctuation stronglier than the past. Earn profit from that fluctuation really easy, maybe easy than hard work our primary job outside everyday . Opportunity buy dips price and sell high happening every week.
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patrickgt3
Newbie
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September 08, 2017, 04:27:09 PM |
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It all takes time. And most altcoins are called shitcoins because they are fundamentelly worth nothing! Just to trade and make more BTC. If you cannot trade then better hodl.
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Ekanenf
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September 08, 2017, 04:35:16 PM |
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If you always buy when the price is high and sell when the price goes down, I'm sure you will experience continuous losses, the core of this trading is patience and do not panic.
Surely you will lose money and there would be no way for you to earn anything on it, only when you stop this idiot method then you will realize that patience is the key when you bought a coin on its high price. Yes, Patience is the key since it after a dump there is mostly a pump where you will gain back what you've lost. Its better to control your emotions when trading since it's one of worst enemy of traders.
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