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Author Topic: Wait for higher profit or sell and buyback?  (Read 366 times)
Kamarah
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June 01, 2018, 09:38:04 PM
 #21

It depends on which coin that you have. As a trader, I usually sell my coin and buyback at a low price. In some situation, I might jump right in the middle of the train in order to earn profit from the pump. Waiting ( holding ) is good for long-term profit and you have to be extremely patient. It is also a good way to use your coin

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June 01, 2018, 10:15:16 PM
 #22

It depends on which coin that you have. As a trader, I usually sell my coin and buyback at a low price. In some situation, I might jump right in the middle of the train in order to earn profit from the pump. Waiting ( holding ) is good for long-term profit and you have to be extremely patient. It is also a good way to use your coin

That's merely interesting to sell when you see the price reached the profitable value, and you really see the actual trend of the coins you have. Don't buy back while its on the pumping stage of its price, because it might crash quickly due to many trader will grab the opportunity while the price is very high so buying back must be done during the crash. Waiting for that higher profitable value is not easy, so it needs a lot patience and dedication.

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June 01, 2018, 10:36:55 PM
 #23

Selling at higher price and buying back once again at a lower price is good to make profits.That's what day traders mostly do to get quick profits.But if the invested crypto coin price movement is slow on both higher and lower prices,then it would be better to just HODL.
So if you already hold some coins and you cannot wait for higher profit right now and sell your coins to cash the already little money you could earn, that is ok. But I think if you sell, you have to buy back as well on a price more than the one you paid for the coins you purchased the last time. This is actually the time you loose some money as well that often stay hidden and one cannot see that. However if you hold your current coins for long, you might be able to earn a whole history of rise in the values.
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June 01, 2018, 11:12:47 PM
 #24

Its a great idea to buy back or do the trade more often, but you need to spend time to watch the market closely and you need time to do the speculation, you also need skill to analyse the situation, of course trade is better than just holding but it depends on your skill and the time you willing to spend
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June 01, 2018, 11:19:05 PM
 #25

Its a great idea to buy back or do the trade more often, but you need to spend time to watch the market closely and you need time to do the speculation, you also need skill to analyse the situation, of course trade is better than just holding but it depends on your skill and the time you willing to spend

Before selling your token research carefully if the project have high possibility to create big impact in the future then of you notice it cannot give you a high profit, take a step and sell your token and do a move to buyback in a low price trading can give you a good profit in a short period of time but the risky is so high.
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June 01, 2018, 11:24:11 PM
 #26

Holding is the ultimate end to receive a higher return on your investment. Buyback can erode all your profits in a short time if the price move against you
yesyes18
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June 01, 2018, 11:26:54 PM
 #27

To do that you will need to study the market for quite sometime and it will help you become very conversant with the market. With that you'll know when to buyback and when to sell and keep. Anyways that is a very nice method of making some profits if only it's done very well

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June 02, 2018, 08:26:01 AM
 #28

I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?
Both of them are good, some people will prefer to HODL their cryptocurrencies till the price goes up to a much better price, then they will withdraw their money and wait for another good chance to start up all over again. But if I’m to choose, I might prefer to withdraw immediately, cutting my loss and investing back immediately when it gets down and is about to fluctuate back up. That will increase your profit.

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June 02, 2018, 08:40:45 AM
 #29

 If you have loses pal just keep holding and wait for it to increase again then wait until you gain enough profits and sell to avoid further loss while the price didn't fluctuate again, because nowadays the market always collapse after  it touch down the highest value .so much better to sell and buy back when it shows tends to increase again.  .
karungbitcoin
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June 02, 2018, 08:57:50 AM
 #30

I was try the samething but not every action i can make it, its hard to get better price when doing this strategies, to do this strategy is better use only half of amount, so we not miss profit when the price bull run and the price dont touch buy order.

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luckycoinn (OP)
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June 02, 2018, 08:59:53 AM
 #31

You have entered this market without any definite plan, strategy, simple principle for selling and buying, so it is no wonder that you lose your money.
The best thing is to try to reduce losses and sell at the first reasonable gain. Then do a good study of the market and how it moves up or down when you have the knowledge you can return."If you do not know, you can try any investment"

I think you are right. I entered this market without planning so what I do is just buy low and sell high. I still can't to be consistent. I still learn how to be consistent and not just think how to make profit.
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June 02, 2018, 09:18:13 AM
 #32

I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?

as a trader when price is dropping you should never hold because you will end up losing a lot of money and before you know it, it will be too late to do anything else but hold and continue losing money.

what you should do is to sell as fast as possible. as for buying there is always a good window of opportunity to buy before the rise/dead cat bounce/recovery/... ends. you just have to either watch the price or set up some alerts if you can like using a bot or an online service and then jump on board and buy when you notice the signs of that rise happening.

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August 13, 2018, 02:05:41 AM
 #33

Depends on the current market situation when you buy Altcoins.
If the market is very possible right to go up (no FUD), then holding it to high is probably better.

But if the market is not possible to go up, there are many FUDs, the Altcoins system you buy maintennance etc, then you better just sell your tokens.
mabell943
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September 21, 2018, 05:05:21 PM
 #34

This two is a good choice, I probably used to choose this both, It depends maybe for me. First waiting for a higher profit is very easy on this as the price is not that stable and it changes in a minute as it trading process is happening every time in the industry. Sell and buyback is also a good strategy to be stay in line as the trading was unstable it has also a chance to lower or decrease its price so it is good to be sure also.
krauzzer02
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September 21, 2018, 05:12:05 PM
 #35

Buy the bottom of the price no need to wait for the bounce as you may get too much fomo from it, holding is another good option but that is profitable and proven from bitcoin and the top 10 alts but make it sure you are buying the right one that possesses the potential to increase in due time given by the market condition and the development of their crypto or platform.
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September 21, 2018, 05:19:08 PM
 #36


Hold your bitcoin till the price of bitcoin had reached some good raise.But if you hold it after the maximum raise means, you may lose some profit . Because after the maximum raise, the price of bitcoin will start to reduce .The reason behind this is people will sell their long term holding.As we know ,the demand is reduced. The price of bitcoin will reduce.

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September 21, 2018, 06:25:17 PM
 #37

for that I think you need to learn technical analysis candle because to know the price bounces and a good time to buy back is to know the movement of the candle. there are many forums where you can study one of them on YouTube many tutorial videos there

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September 21, 2018, 09:05:21 PM
 #38

for that I think you need to learn technical analysis candle because to know the price bounces and a good time to buy back is to know the movement of the candle. there are many forums where you can study one of them on YouTube many tutorial videos there

 I think it depends upon the situation that you are in if you want some money at that time then you can definitely send and get the profit after that you can definitely buy sum investment this is the best idea for my opinion.

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September 21, 2018, 09:24:53 PM
 #39

I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.

What do you think? And what do you prefer, buyback or hold?
I might be wrong, but with this kind of mentality, I think you are gambling not trading. In order to know when to buy/sell, you need Technical Analysis on your side; most importantly 'charts reading.' If you are going by "Price is bouncing after a dump, so I will buy when it dumps again, and then sell when price bounce again" mentality, you will burn your money in no time.

And for God's sake, if you are trading (and don't have any plan for long–term), DO NOT hold—it is a bad idea as your emotions will kick harder than it normally does, and you will make stupid decisions. Also, use stop–loss orders; they can save your life—don't delay cutting your losses.
 

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September 21, 2018, 10:28:33 PM
 #40

Buy the bottom of the price no need to wait for the bounce
Is there a queue if it already reaches the bottom of the dip? I am observing the trend of the tokens/coins i followed and try to catch it at the bottom but just very hard to do. I just got burned from this pump and dump scenario.

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