MoneyIsDebt
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 08:51:32 AM |
|
Now yes trapped in the NEO because of the regulation of china but because I do not panic then I just hold it, then just now I heard the news that china only temporarily banned ICO so later if the regulation is ready, ICO will be legalized back and I am sure the price of NEO coins must rise.
neo is that type of coin so, that it can dump you. i think neo is the coin that you should believe and up and downs are temporary and it could not effect for long term. on the other way it is the time for you to fill your bags and i think neo will be upto moon in the near future. no matter china legalized ico's or not its time for neo to rise now.
|
|
|
|
Osarman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 09:39:58 AM |
|
the problem is most people can not be patience when they are trap in one price and they are in panic situations, they don't think too much and they only want their btc back even if they are only get loss. many of us having this experience and some of us choose to waiting the price is back and not sell because we know if we are selling our coins then we can get loss in money value.
Yeah most of the times this strategy is profitable and advantageous. Traders are patient by nature they know market trends and follow them regularly to get maximum profits from their investments. They buy in low price and sell for high prices.
|
|
|
|
Specterminate
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 11:12:38 AM |
|
Just remember that there isn't one specific fool-proof strategy to earn money, if such a solution existed we'd all be reach. Whatever you decide to do just invest a small portion of your capital and see how it works out, you can increase your stake later on
|
|
|
|
peter0425
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2758
Merit: 456
CryptopreneurBrainboss managerial service
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 11:33:53 AM |
|
We all hear about the buy low and sell high. Well when all the coin prices go down, isn't it a good idea to just buy them when it goes really down? I dont mean like it drops 5 percent. I mean like if it takes a huge dip. I assume like 15 percent or more
Then once you do that, you wait for the coins to go back up. Now if it continues to drop, then yes you lose money. But you don't lose money until you sell it at the price below which you bought it at. Now if you buy a coin that is like under 1 dollar. Let say this coin is like 2 dollars etc. Then isn't buying a coin like this a good idea? Because if it goes back up, you double your money if it goes back to 2 dollars? The other thing is let say you buy 1000 shares of this coin at 1 dollar. Now the coin goes back up and say it hits 1.25. Now you get rid of this coin and sell all of it. So you buy it for 1000 dollars total for 1000 coins at 1 dollar each. Then sell everything at 1.25 so around 250 dollar profit minus fees.
Thus the point of this strategy is wait till the market falls really bad. Then you buy. Because if you buy, i mean how much really can a coin fall after it goes below 1 dollar right? Now if its a coin thats 50 dollars and drops to 25... well thats different since it could drop more. But it just seems like all these coins do fall... then always seem to go back up right? Thus imagine theres a huge dip... you buy a few of these coins and buy a lot of it. Then once it goes back up to a decent price... you can either sell it all... or wait till the price starts falling again. Then once you do that, you rinse and repeat.
Im sure many people have thought of this right? Now how often does this strategy fail? How often does it fail assuming you do not mind the price going down even more and you will not sell those coins at below the price you bought it at? I know many ppl would lose because they dont want to lose any more money so they just sell it at a loss.
But thoughts on this? I mean it seems like even if a coin is 10 dollars, say you buy 500 of them for 5000 dollars. If it goes back up to 12.50. You can sell it at for 6250. And make 1250 profit minus fees.
The other thing i want to know is are there signs when prices will go up or drop? Because it seems like you could possibly make a few thousand dollars a month doing this if you buy a few coins at really low prices and then sell all of it once you profit say 25 percent? Now imagine a coin is 5 dollars. You buy 1000 of them. It goes up to 6.25. You sell it and make 1250 profit. You do this with a few other coins but issue is you need more money to do this. But the thing is you dont know how long it would take for the coin to go back up. Now if it keeps falling... you are not making money but u are not losing until you sell it.
Logically correct, with a large drop in prices, you need to buy. But how do you know that in a day or two he will not fall even more significantly. Therefore, you need to wait for the right moment based on your intuition and desire. I consider waiting for the price to dip more is wrong. If you have the funds then why not buy in dip, then when you see that that price has gone down a little then you should buy more. I see a lot of threads here asking for advise on when you buy, but they didn't buy and instead wait for the price to dip to a certain price before they will get bitcoin. However, the next day the price jump $100 or more. So that is already a missed opportunity. That's why I don't want to wait. If the situation presents itself, then grab it and don't wait because that timing will never happen again and you will regret not buying in dip and keep on waiting for the price to go down on a certain level.
|
|
|
|
karmamiu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 12:25:53 PM |
|
the problem is most people can not be patience when they are trap in one price and they are in panic situations, they don't think too much and they only want their btc back even if they are only get loss. many of us having this experience and some of us choose to waiting the price is back and not sell because we know if we are selling our coins then we can get loss in money value.
Yeah most of the times this strategy is profitable and advantageous. Traders are patient by nature they know market trends and follow them regularly to get maximum profits from their investments. They buy in low price and sell for high prices. The most and one of the worst problems of traders specially those who are just starting from the bottom are emotion, even though expert traders sometimes they do suffer this kinds of problems, because they are being hesitant and confused all the way. We alrady know that trading is totally risky, but in short the most helpful way is to seek for your own learning and try it for your own experience. Losing is just part of trading to learn more and be educated in terms of risking money for the sake of improvements.
|
█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | | | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | | ██▄███████████ ██▄███████████ █▀█▀██████████▄ ███████▄█████████▄ ██████████████████▌ ██████████████████ ████▀▀███▀▀██████▌ ██████▀▀▀████████ ██████████▄█▄███▌ ███████████▀████ ███████████▀███▌ ▀███████████████ ████▀▀▀███▀▀▀▀▀ | | | | ▄████████████████████████▄ ██████████████████████████ ██████████████████████████ ███░░░░░░█░░░░░░█░▀██▀░███ ███░▀▀▀█░█░▀▀▀█░█░░░░░░███ ███░░░█░░█░░░█░░█░░░░░░███ ███░░█░░░█░░█░░░█░▀▀▀█░███ ███░░░░░░█░░░░░░█░░░█░░███ ██████████████████████████ ██████████████████████████ ▀████████████████████████▀ ██████████ ████████████████ | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
Blamsud
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 01:59:59 PM |
|
the problem is most people can not be patience when they are trap in one price and they are in panic situations, they don't think too much and they only want their btc back even if they are only get loss. many of us having this experience and some of us choose to waiting the price is back and not sell because we know if we are selling our coins then we can get loss in money value.
Yeah most of the times this strategy is profitable and advantageous. Traders are patient by nature they know market trends and follow them regularly to get maximum profits from their investments. They buy in low price and sell for high prices. The most and one of the worst problems of traders specially those who are just starting from the bottom are emotion, even though expert traders sometimes they do suffer this kinds of problems, because they are being hesitant and confused all the way. We alrady know that trading is totally risky, but in short the most helpful way is to seek for your own learning and try it for your own experience. Losing is just part of trading to learn more and be educated in terms of risking money for the sake of improvements. Right,experience is the best teacher ,losing is part of it,but in every lose we should really earn,if we continue to lose then we should think twice what is wrong and double focus on learning.
|
|
|
|
muncuss
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 05:57:07 PM |
|
I consider waiting for the price to dip more is wrong. If you have the funds then why not buy in dip, then when you see that that price has gone down a little then you should buy more. I see a lot of threads here asking for advise on when you buy, but they didn't buy and instead wait for the price to dip to a certain price before they will get bitcoin. However, the next day the price jump $100 or more. So that is already a missed opportunity. That's why I don't want to wait. If the situation presents itself, then grab it and don't wait because that timing will never happen again and you will regret not buying in dip and keep on waiting for the price to go down on a certain level.
i missed opportunity several times to buy in low price just because i'm waiting the price go lower. better to divide your money to 2-3 parts, use one part to buy when price go down, don't wait for dip. then when it go up, you can get profit and when go lower you can still buy more. this works for me
|
|
|
|
aardvark15
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 06:27:47 PM |
|
In general, the logic is correct. If you see that the price of a coin has fallen by more than 15 percent, you are buying it. Then just wait, when its price does not rise to an acceptable level for sale. Of course, if someone did not have enough nerves and he sold these coins still at a loss to himself at a loss, being afraid that this coin will not rise, then he is to blame.
If a cryptocurrency drops 15% in price it may be a good time to buy but it really depends on the coin in question. Many of the minor cryptocurrencies jump up in price when they are first mined or introduced to an exchange. Then they drop like crazy and level off and eventually just gradually drop to nothing. These you want to stay away from even though they drop in price. I recommend that you look only at the more popular altcoins and Bitcoin. I look at the trading volume and I pay attention to what people are saying about coins on the forums. You may even be able to get cheaper coins that have good trading volume like STR/XLM and SC.
|
|
|
|
Karen23
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 13, 2017, 04:35:17 AM |
|
That's the delima in trading. You are too excited it drops at a certain percentage but you really do not know if it will go high again or eventually will drop day by day. Maybe it's good to buy small amount as it drops but you must be ready for anything that would happen to your investment.
|
|
|
|
alfstep
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 308
Merit: 128
Here I come! Again!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 13, 2017, 08:56:46 AM |
|
Can be a good strategy if you keep some cash to buy more if it goes yet lower. Then, as other have said, it is good to do it with coins that are already good and likely to recover. Many coins just go to 0 and then never go back again, sadly.
Happened to me. I bought an altcoin that is dropping more than a 100% and telling myself I'm lucky I bought the dip but has no idea it was just going to be delisted so that's why it's very cheap. That's scary dude, not only you lose some coins but you lose all of it. That's why I prefer some trading than investing in ICO, trading to me is high risk already, let alone ICO token ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
|
|
|
|
SamReomo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 13, 2017, 09:05:00 AM |
|
Yes, your strategy is good and very profitable but there are some flaws in the strategy. First, one should learn about the crypto that's going down in price. Then one should find the reason because of which the coins is reducing in price e.g from 2 USD to 1 USD. Now, after complete research, one should wait and see how long will it reduce. If it moves upwards only 5% then that is the time to buy the coin. However, one should also do search on why it's moving upward to stop any losses possible. Finally buy it and wait until it reaches the desired rate which you want it to reach. Now sell it and have the profits. Well theoretically the assumption is 100% accurate but in reality experience is the mother of profits.
|
| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
|
|
|
RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 13, 2017, 09:09:24 AM |
|
That's the delima in trading. You are too excited it drops at a certain percentage but you really do not know if it will go high again or eventually will drop day by day. Maybe it's good to buy small amount as it drops but you must be ready for anything that would happen to your investment.
Actually with bankroll management you will see everything transparently. How you get started , get profit , loss etc all is on monitor , you just need be more patient in trading. The point is you need to have more experience to see the market movement , until your guts has a close to accurate make prediction, looking at situation etc.
|
|
|
|
Quidat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 13, 2017, 09:17:21 AM |
|
That's the delima in trading. You are too excited it drops at a certain percentage but you really do not know if it will go high again or eventually will drop day by day. Maybe it's good to buy small amount as it drops but you must be ready for anything that would happen to your investment.
Actually with bankroll management you will see everything transparently. How you get started , get profit , loss etc all is on monitor , you just need be more patient in trading. The point is you need to have more experience to see the market movement , until your guts has a close to accurate make prediction, looking at situation etc. And all of these things can only be acquired on doing trading on constant basis or does really have more time engaging with it because the more you expose on it the more knowledge you will gain and experience.Therefore next time you would able to know on what are the things you should do.Buy low sell high is just a basic fundamental but if you are already in the middle of trading for sure you wouldnt even know on what would you gonna do.
|
|
|
|
ronafurw
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 18, 2017, 12:04:22 PM |
|
That's the delima in trading. You are too excited it drops at a certain percentage but you really do not know if it will go high again or eventually will drop day by day. Maybe it's good to buy small amount as it drops but you must be ready for anything that would happen to your investment.
That’s true! Anything can happen in the world of trading. If you are earning a good amount of profit, then this doesn’t mean that you are going to have profit every time you invest in trading. You can suffer as well. You need to prepare yourself for any possible condition that can come in the future. Trading is no doubt very much profitable but it is you who has to earn a profit.
|
|
|
|
BitcoinCommodor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 26, 2017, 07:48:00 AM |
|
me used ordin limited i buy at -5% market price and sell at 5$% and every day i make some profit
I must praise your strategy. This is how you do the things and make out money. But I think this is such a hectic job to buy and sell every day. You need to make a different strategy in order to get more money with fewer efforts. You can probably hold it for a month or so instead of buying them every day. Yes definitely, trading strategy is profitable for anyone who wants to make money as soon as possible. The basic guideline or strategy a trader uses is to buy more when prices of bitcoins are less and sell more when prices of bitcoins are at peak. This is the only strategy where they can make more profits than any other.
|
|
|
|
jerry0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 27, 2017, 05:46:32 AM |
|
Wouldnt this strategy be profitable if you want to make consistently profits say monthly etc? Because if you are holding, well you arent making any money until you cash out. So if you do this a few times... say you buy a coin for 2 dollars after a dip. Let say you buy 10k worth of it so 5000 coins. Now the coin goes back to 3 dollars. You sell it all for 15k and make 5k minus fees. Of course coin can keep going up and you would make more money but you just want to lock in profit. So if thats the case, then isn't trading profitable in that you can have consistent profits? Like if you do this full time, i mean you cannot HOLD coins right?
|
|
|
|
|