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Author Topic: the process of selling and buying bitcoin  (Read 151 times)
Nerman
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June 02, 2018, 02:37:27 AM
 #21

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry

Well many people are thinking that it will continue to rise up, even though that it is a bad idea. Also there are websites that when prices are rising even it is in the top they will advise to buy and advise to sell when the price is dropping even if it is in the bottom.  Just remember the quote "be fearful when everyone is greedy and be greedy when everyone is fearful".

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June 02, 2018, 02:42:23 AM
 #22

As you can observe, the movement of bitcoin price is highly volatile as it is changing in no definite time and with no definite change in price. With this, some bitcoin users tend to panic when trading. They tend to buy at high price yet sell it with low price. As a result, they gain low profit.

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June 02, 2018, 02:47:24 AM
 #23

Of course this is something ridiculous where we buy high prices and then sell them at a price down and this is the opposite that happens not the benefits of getting a big kerugiaan rival in earn.

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June 02, 2018, 03:00:07 AM
 #24

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry

from some of my experiences. if the market price of some coins is on the rise. then I do not buy it. I made a purchase for another coin. while the coin that has the highest price I do storage is waiting for the price of the coin to fall. a coin that has a falling market price that I would not do to sell it. but I will make an additional for sale when the market price increases.
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June 02, 2018, 03:24:09 AM
 #25

I really don't know how to process of selling and buying bitcoin.
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June 02, 2018, 03:28:33 AM
 #26

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry


Buying bitcoin during expensive time are not good idea's to earn profits, the way to earn profits are buy bitcoin or any ltcoin during the price is in the dip
and i think no need to explain those people understand about how to earn in crypto currency specially the master in trading job.

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June 02, 2018, 03:31:48 AM
 #27

Actually lot of people already buy bitcoin and keep up hold for the profit.now their want to buy bitcoin and still have them hold.their want to rise up bitcoin value. Usually now you can buy bitcoin and keep 50% still holding for the future profits. Unfortunately you can start trading with your another 50% bitcoin asset.it is the good suggest full planned as also like them.

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June 02, 2018, 04:39:38 AM
 #28

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry

They buy because they think that it goes up more so they buy more and more bitcoins but when the price was dump they afraid of getting too much losses.  Sometimes they need money on someday but they are afraid because the price was too cheap and they always think on what if the price was going down.

I also do this because I need money and I also afraid of getting more losses.

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June 02, 2018, 04:50:16 AM
 #29

That is one of the most common mistakes traders have, reds often sell when prices go down and buy at inflated prices, and I think they are experiencing a panic that keeps them out of focus with reserve funds when prices are down.
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June 02, 2018, 04:55:30 AM
 #30

Good think buying always now this time to fair.it is the most common answer. Now value already goes to down ,so keep buy and hold is the good ways.

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June 02, 2018, 05:00:56 AM
 #31

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry
someone will find it hard to make a profit if they buy bitcoin at a time when the price goes up high and when the bitcoin price goes down they panic and sell some bitcoin they have, and of course they will lose, for the investors and traders they should do is, holds when bitcoin prices go down, and immediately buy when bitcoin prices decrease.
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June 02, 2018, 05:01:35 AM
 #32

why do many buy bitcoins when they are expensive (pump) and sell bitcoins when the price is cheap (dump)? do you do that too?
how you can profit if you always do things like that  Cry

They buy because they think that it goes up more so they buy more and more bitcoins but when the price was dump they afraid of getting too much losses.  Sometimes they need money on someday but they are afraid because the price was too cheap and they always think on what if the price was going down.

I also do this because I need money and I also afraid of getting more losses.

Classic beginners mistake, I made the same mistakes many times. It's nothing new, you explained good, when people see price is going up they think its pump time and they run to buy and they think profit is waiting after fast rise, that's a bull trap, if you didn't know that.
You need to get use to trading, to learn how to buy when prices are red, when they are going down, and to sell with first rise and first profit, more you wait, more greedy you are more chances are that price will suddenly drop are high, and you can easily stay without any profit.
You make profit when you learn how to read market, short or mid trades, it doesn't matter as long as you have a plan how much profit you wish to make, profit killer is greediness in most trades, when you are running to buy when price is rising, when it's time to sell.
Read what other people talk about trades and trade after that.

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June 02, 2018, 05:02:14 AM
 #33

this goes back to personally when selling bitcoin at a cheap high price then buying at a high price and this is a panic effect as a result they are missteping the strategy and this is consequently a huge loss earned by everyone who invests fraudulently and this is avoided for the foreseeable future so that there will be no mistakes that result in loss.

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June 02, 2018, 05:10:52 AM
 #34

I do not  that. I always try to take opportunity  when  the down low bitcoin prices to buy in and try to wait until bitcoin prices are pumped return  back and sold it. That is my investment strategy. When people are scared and sold, i always try to buy and keep calm.

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June 02, 2018, 05:15:09 AM
 #35

That is one of the most common mistakes traders have, reds often sell when prices go down and buy at inflated prices, and I think they are experiencing a panic that keeps them out of focus with reserve funds when prices are down.
They've been easily controlled by manipulators, I guess people who keep doing this should quit the business, experience will dictates how we will be able to take advantage of certain situations, if we knew how things works then we should not be move by any event like this, better to observe and learn how to make it in the right timing to continue gaining profits.

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June 02, 2018, 06:15:45 AM
 #36

Traders who only ride on the trend without considering other factors just buy when bitcoins have reach top, but will follow this trend and forget to sell, hold on to it until it start sliding again. Out of panic and Fear, they will resell thinking they will be losing money.

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June 02, 2018, 06:33:31 AM
 #37

The golden rule is: buy low and sell high. But often the opposite happens, people see the price increase and they fear to miss out. So they start buying when the price is already pumped up. Usually the pump and dump groups are responsible for sudden price increase followed by price drops. As soon as the price has dropped, weak hands start selling, because they panic and want to stop loss.

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June 02, 2018, 06:33:39 AM
 #38

Good think buying always now this time to fair.it is the most common answer. Now value already goes to down ,so keep buy and hold is the good ways.

No one knows where is the market bottom so don't think that bitcoin will not go down from the current market. So if you think that bitcoin prices are already low then you should only buy partial amount and keep some cash in hand because in case if prices again fall then you can use that cash to buy some more at a lower price. But holding coins during down market is a good thing.

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June 02, 2018, 06:42:32 AM
 #39

Buying and selling of these coins are called trading and it is very difficult job that to check every time the correct value of crypto because market is highly volatile and we have to be very careful regarding crypto transactions.

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June 02, 2018, 07:09:28 AM
 #40

Buy and sell low, which makes them lose money on crypto currency at any time. The reason is maybe they are greedy and can not wait to jump to higher prices when things go well and can not wait to sell when they panic with a price reduction in order to secure his money
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