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Author Topic: When should we buy and sell?  (Read 1575 times)
scott1
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October 12, 2017, 07:15:41 PM
 #61

You can share what you know?

The first thing you need to do is establish your trading strategy. Everything else falls into place from there. Some traders trade solely based off of technicals (MVAs, Bollinger bands, momentum etc.) while others are in and out in minutes because they are trading off of news events. Then, of course, you have algorithmic strategies that can be extremely profitable if you have the technical savviness to build them and backtest their profitability properly.

The most important part in trading is having a structured approach and having your rules laid out. The worst traders are the ones that can't explain why they bought or sold a stock (or crypto) in a detailed way. The best traders all have a system that works more often than it fails.
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Orange Guy
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October 12, 2017, 07:30:29 PM
 #62

Following the news and hype around things.
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October 12, 2017, 07:32:20 PM
 #63

I'm guessing a few people bought at 5350? It's already fell a considerable amount. I think we'll see it rise a little more closer to the date of the fork.
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October 12, 2017, 08:31:07 PM
 #64

I actually buy and sell bitcoins and other altcoins when there is heavy amount of volume is going on and when the price is standing on major key support and resistance levels. I always try to follow the trend and i anticipate the trend using Dow's theory and then take the buy and sell positions according to that, because once the trend is in your favour then you just need to time the entry, and it is just like Surfing the sea with power and direction of wind along with you.
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October 12, 2017, 09:28:19 PM
 #65

I follow the activities of China from almost all social media. I now understand that China is an important influence.


What activities particularly do you follow and how do you relate it to BTC trading or how do those activities influence BTC trading.
Please shed more light as i want to learn.'
Thanks.
aladinmax
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October 12, 2017, 10:39:33 PM
 #66

So the basics you would need to understand are the support and resistance levels
These are levels where the price touches and recovers from and are tested multiple times
Needless to say you should always buy at support levels.
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October 12, 2017, 11:18:05 PM
 #67

I was buying till the price was below 5000 usd and now the price is too high to buy bitcoins and to be honest its not affordable for me as price can go below 5000 at any point of time so its an big risk to buy bitcoins now so either I will wait for some more days to see if price falls as that would be the good time to buy bitcoins and if price goes higher in coming days then won't hesitate in selling a part of my coins.


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vinz7229
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October 13, 2017, 05:26:03 AM
 #68

if you are talking about trading you have a lot of things to consider, if you see red candle it doesn't means  that you need to buy coins, you should study first the coins in 24 hours oh how does it moves, and then look at the candle always at the last bar, there's something in the bar that you need to know the meaning, example if you see red hammer bar, it meas to say you need to buy coins because that means the coins you buy will increase anytime.

gabmen
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October 13, 2017, 07:36:31 AM
 #69

I was buying till the price was below 5000 usd and now the price is too high to buy bitcoins and to be honest its not affordable for me as price can go below 5000 at any point of time so its an big risk to buy bitcoins now so either I will wait for some more days to see if price falls as that would be the good time to buy bitcoins and if price goes higher in coming days then won't hesitate in selling a part of my coins.

Thinking its too high right now may one daw haunt you when the price hit way higher. People are saying a few months ago that  btc is too expensive at 1.5k but look at where we are now.

newelllamo
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October 13, 2017, 08:15:44 AM
 #70

Some are very reactive to FUD (fear, uncertainty and doubt) and FOMO (Fear of Missing Out) that they become impulsive in their decisions. Relax and analyze the market it also help to follow legit and experienced traders in twitter. The usually rule of thumb is buy low and sell high but even with this simple rule sometimes without a slight knowledge of trading view you don't where is the peak  to sell and where is the bottom to enter. Learning basic trading is a must to avoid losses. Though in bitcoin there is a solid assurance that it will rise again when the dip happen. It's just a matter of time.
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October 13, 2017, 08:39:53 AM
 #71

I was buying till the price was below 5000 usd and now the price is too high to buy bitcoins and to be honest its not affordable for me as price can go below 5000 at any point of time so its an big risk to buy bitcoins now so either I will wait for some more days to see if price falls as that would be the good time to buy bitcoins and if price goes higher in coming days then won't hesitate in selling a part of my coins.

Obviously Right.Since the price of bitcoin is raising to the peak now.You can't able to brought so.But you can sell now your holding coins.But I won't accept one of your point .It's ,can't believe the bitcoin price.The principal of trading is ,sell when the price is high and brought .When the price fluctuates to low value.So try to do trading as based on principal.


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RayDali0
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October 13, 2017, 08:44:16 AM
 #72

You can share what you know?

I ll sell my Bitcoin
I ll buy altcoins right after forking.

Altcoins are too cheap now
topvmax
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October 13, 2017, 08:51:17 AM
 #73

for me, there are plenty different strategy in terms of trading bitcoin. you can research first the coins that has potential and invest the 50% of your capital for long term like 2-3 years. then the other 20% trade it using technical analysis and fundamental analysis. while the 30% buy the dip. sell when profit even 10-20% only Smiley in bitcoin market there is always a red days Smiley hehehe

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October 13, 2017, 10:07:23 AM
 #74

You can share what you know?

it has no rules and regulations for keeping money in trading. when you want to keep just keep it. here no more discussions. actually first you  have to check few parameters about trading next you have to invest in that. and investing in bit coin trading and eth coins also one of the good for earning money.so if you want to invest just invest in bit coin. because bit coin has great demand to day.
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October 13, 2017, 10:16:13 AM
 #75

Bitcoin's price is continuously increasing right now.  I don't know how other people think but for me,  it is a good time to buy bitcoin now.  We don't know but I feel that bitcoin will continue to go higher and if these happen we might lose an opportunity to earn greater profit if we won't think of investing now.

Anyways,  it has been clear that we should buy at low price but bitcoin continue to show how powerful and valuable it can be in the future.

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October 13, 2017, 04:00:31 PM
 #76

It is away advisable to buy when the price is low and sell when the price is high. Now that bitcoin is at it peak it is better to wait and not to buy. Buying now may not give you instant profits accept you want to wait for a longer time if the the price may improves.
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October 13, 2017, 09:45:59 PM
 #77

General strategy to earn profits or invest in bitcoins is to always buy at lowest prices possible and sell profits at high prices this is what I think generally people do to earn profits in bitcoins.Bitcoins are great long term investment therefore holding is the most preferable and profitable way to earn profits in a long run.Also keep an eye for the market and news of the bitcoins as bitcoins are quite volatile so it can rise and fall very fast for any reason.

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October 14, 2017, 03:02:45 AM
 #78

Right now may be good enough to buy altcoins,
I am buying a bit as I am not sure
So I came here to know.

I ll buy altcoins more later
AjithBtc
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October 14, 2017, 03:25:19 AM
 #79

Altcoins have declined in value, quite a few show signs of increase. Yet die to the increasing price of bitcoin, the value of altcoins were not much affected when paired with bitcoin. So, this can be used as an opportunity to invest into altcoins to get a bigger profit as altcoins serve as a part of the growing digital community.

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October 14, 2017, 04:07:09 AM
 #80

Bitcoin's price is continuously increasing right now.  I don't know how other people think but for me,  it is a good time to buy bitcoin now.  We don't know but I feel that bitcoin will continue to go higher and if these happen we might lose an opportunity to earn greater profit if we won't think of investing now.

Anyways,  it has been clear that we should buy at low price but bitcoin continue to show how powerful and valuable it can be in the future.

Theoretically, we buy when price is low and sell when price is high. But how can we deffinate how low is, how high is? I think that we should use BTC to compare with Altcoins. There is no doubt that BTC's price will increase in the future, and we should buy BTC now to get profit in few next months.

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