Sell in bottom, buy on the top ^^

[Kpmaline]

Hello gentlemen !!  

In this post let's discuss about that theory < buy in the bottom sell on the top >

when any coin start to go down a high percentage -%% and you are thinking to join.. few steps put into consideration before buying :

- buy in bottom not dips.. make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably
it's just the beginning and preparing to dump again so you will surprise you had bought part of  TOP
sure to buy in dips and sell in temporary risen won't be profitable like buying in the bottom .

an example; total rise within couple of months for XCoin was 600% when it just dump in oneday 70% you will think it's a good opportunity
to grab it cheap.. but it may rebond 11% then continue dressing in red.

- always buy when people sell, sell when people buy.... patience in trade can help you in this point [ never hurry up to buy any X,Y,Z coins]
  keep confidence you won't lose if you not buy it cheap.. you will lose for buying it at any point randomly.

- As well when people Start to sell in panic... Wait until the price settles and preparing to bounce up before bulls move the market .

Ps: if you already have it within the [sell panic]  and according to your calculation it's may Continue dumping don't hesitate to sell it at suitable prices to rebuy it again at any cheap point.. it will be useful to recover your loss and turn it to pure profits.
  
- i always saying crypto are a risky place, and High risk = High returns.... So to beat tension and [be more brave ]
 to find a good entry and exiting point... buy only with the amount you afford to loss,  really it will be helpful to avoid selling in panic..
and Study the graph patiently without any Stress.. ^^

Conclusion;
That's in my humble Opinion some important points.. Feel free to share your strategies below this post...
we may be a good traders and experts if we helps each other.  

[1714937205]

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[1714937205]

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[BitcoinHodler]

good points. just two things.

in your example about XCoin it is worth mentioning that when you are buying after a big dump like that you are taking a huge risk because of the ongoing panic that is going on. and the profit is a small one which comes from the dead cat bounce. so you must act super fast in cases like this.

second is mostly my preference about buying in. you said buy after a drop and at the bottom, but when it comes to altcoin trading i prefer to buy on the rise. for instance when some coin is starting to show signs of a pump and going up, i prefer to buy there because it means my money would stand idle in that coin for a much shorter time and the rise is more likely than when you buy at the bottom. in the later case you would have to wait a long time sometimes.

[ajqjjj]

Hello gentlemen !!  

In this post let's discuss about that theory < buy in the bottom sell on the top >

when any coin start to go down a high percentage -%% and you are thinking to join.. few steps put into consideration before buying :

- buy in bottom not dips.. make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably
it's just the beginning and preparing to dump again so you will surprise you had bought part of  TOP
sure to buy in dips and sell in temporary risen won't be profitable like buying in the bottom .

an example; total rise within couple of months for XCoin was 600% when it just dump in oneday 70% you will think it's a good opportunity
to grab it cheap.. but it may rebond 11% then continue dressing in red.

- always buy when people sell, sell when people buy.... patience in trade can help you in this point [ never hurry up to buy any X,Y,Z coins]
  keep confidence you won't lose if you not buy it cheap.. you will lose for buying it at any point randomly.

- As well when people Start to sell in panic... Wait until the price settles and preparing to bounce up before bulls move the market .

Ps: if you already have it within the [sell panic]  and according to your calculation it's may Continue dumping don't hesitate to sell it at suitable prices to rebuy it again at any cheap point.. it will be useful to recover your loss and turn it to pure profits.
  
- i always saying crypto are a risky place, and High risk = High returns.... So to beat tension and [be more brave ]
 to find a good entry and exiting point... buy only with the amount you afford to loss,  really it will be helpful to avoid selling in panic..
and Study the graph patiently without any Stress.. ^^

Conclusion;
That's in my humble Opinion some important points.. Feel free to share your strategies below this post...
we may be a good traders and experts if we helps each other.  

Your explanation is really useful for new traders but already everyone this fact so it is not useful to me. If you know any some other new information you should post here, I will appreciate your support but these points I heard previously so do research on good information we are all waiting for the new updates.

[Kpmaline]

good points. just two things.
in your example about XCoin it is worth mentioning that when you are buying after a big dump like that you are taking a huge risk because of the ongoing panic that is going on. and the profit is a small one which comes from the dead cat bounce. so you must act super fast in cases like this.
second is mostly my preference about buying in. you said buy after a drop and at the bottom, but when it comes to altcoin trading i prefer to buy on the rise. for instance when some coin is starting to show signs of a pump and going up, i prefer to buy there because it means my money would stand idle in that coin for a much shorter time and the rise is more likely than when you buy at the bottom. in the later case you would have to wait a long time sometimes.

yes totally agree,  
about the second point.. yeah you can't define if this coin stop the dump Or not unless seeing the first green candles.. even you join in the second, third candle..  but you are not late you buy just you ensure this coin are going uptrend..

[Kpmaline]

Your explanation is really useful for new traders but already everyone this fact so it is not useful to me. If you know any some other new information you should post here, I will appreciate your support but these points I heard previously so do research on good information we are all waiting for the new updates.

thanks.. Sure that's why i create this post to discuss and share Strategies.... that was few points from my head i usually use it in trade
if i have any new idea sure will share it here... i hope other people do the same .

[davis196]

make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably

This is the one and only useful tip from your entire post.All the other info is kinda generic,there are 100 threads here discussing the same stuff.
If you have any trading experience,please share it with us.There is one funny thing about this sub-forum.
People, who don`t even trade cryptos post tutorials and tips about cryptocurrency or forex trading.
I hope that you are not one of those people,OP.
 

[Kpmaline]

make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably

This is the one and only useful tip from your entire post.All the other info is kinda generic,there are 100 threads here discussing the same stuff.
If you have any trading experience,please share it with us.There is one funny thing about this sub-forum.
People, who don`t even trade cryptos post tutorials and tips about cryptocurrency or forex trading.
I hope that you are not one of those people,OP.
 

that was my first discussion Topic i made in the forum.. all time i'm just reading posts
 i hope it's helpful to some ppl hear that points for a first time.. i will try to improve the post.. wrote it from my head...
   kindly if you have any tips share it with us ..   

[BrewMaster]

make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably

This is the one and only useful tip from your entire post.

sometimes you have to watch the whole chart, sometimes only a small part of it if you want to focus on what is happening at that moment. for example the hourly charts or even with more accuracy at 10 minutes can show you pumps and the build up some of the altcoins have before getting pumped which you can't get without zooming in...

People, who don`t even trade cryptos post tutorials and tips about cryptocurrency or forex trading.

it is not such a terrible thing to share the experience that you have gained from trading with others, even if it is so little.

[bagalkot]

So you mean to say that when the market is bottom out that time to be sold and when their is trading then buy it. My theory is simple i just watch the market and when i feel that it has bottomed out that time i buy and according to it on 5% i bet my sell in market and 90% of time i got profit. As their is always 10% fluctuation in market daily.

[trumper]

My strategy is buy on the bottom and sell when you get expected profit otherwise you can't predict the top, though the bottom but profit is profit.

[Kpmaline]

My strategy is buy on the bottom and sell when you get expected profit otherwise you can't predict the top, though the bottom but profit is profit.

good point to predict the top after you buy, - shouldn't be greedy and place so far way sell order... maybe it will not hit this point
- there's would be some dips while it rising you may take this advantage sell and  rebuy again

[adaseb]

We don't know if the $5800 or so was the actual bottom until we wait a few more weeks/months.

However in general when the sentlement got bearish with everybody, it usually means the reversal might take place.

I've been frequenting Bitcointalk forums, Reddit , Twitter, Bitmex Trollbox and in the last 2 months, there are crazy amount of people that became huge perma bears. These people all wanted to see bitcoin go to $1000 and they were all short.

In the last few hours there was basically $100's of millions of dollars of liqudiations to prove it.

Also a few people I know locally, they all called me to tell me they got out of bitcoin because its a scam and they sold at $6000 earlier. A few other people asked me how to open a Bitmex or Bitfinex account to short bitcoin because they want to win back their losses.

Hence as you can tell the sentlement was pretty bearish for everybody.

[Kpmaline]

We don't know if the $5800 or so was the actual bottom until we wait a few more weeks/months.

However in general when the sentlement got bearish with everybody, it usually means the reversal might take place.

I've been frequenting Bitcointalk forums, Reddit , Twitter, Bitmex Trollbox and in the last 2 months, there are crazy amount of people that became huge perma bears. These people all wanted to see bitcoin go to $1000 and they were all short.

In the last few hours there was basically $100's of millions of dollars of liqudiations to prove it.

Also a few people I know locally, they all called me to tell me they got out of bitcoin because its a scam and they sold at $6000 earlier. A few other people asked me how to open a Bitmex or Bitfinex account to short bitcoin because they want to win back their losses.

Hence as you can tell the sentlement was pretty bearish for everybody.

all people i know said the same... most articles i read was talking about 4500~4200$$ < fud was everywhere in the market >
rarely to see someone tell you To HODL  .... So yeah i'm too was thinking to sell my BTCS at 6200$ and rebuy it cheaper
atleast below 5k .. 1000$ the difference ^^
the question is when BTC will dump to 4500 Or whatever... all ppl will buy from the same point in the bottom ?
Or BTC will surprise them as we used    .... indeed)) no one can predict where BTC will go next time

[signaturecoin]

So you mean to say that when the market is bottom out that time to be sold and when their is trading then buy it. My theory is simple i just watch the market and when i feel that it has bottomed out that time i buy and according to it on 5% i bet my sell in market and 90% of time i got profit. As their is always 10% fluctuation in market daily.

This is a pretty good way of doing business and it works great in times when the market is growing; otherwise, if the market trend is down, you need to put stoploss or DCA in order to preserve your capital. The market is recovering well so this is a good time for traders to make a profit.

[Kpmaline]

make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably

This is the one and only useful tip from your entire post.

sometimes you have to watch the whole chart, sometimes only a small part of it if you want to focus on what is happening at that moment. for example the hourly charts or even with more accuracy at 10 minutes can show you pumps and the build up some of the altcoins have before getting pumped which you can't get without zooming in...

People, who don`t even trade cryptos post tutorials and tips about cryptocurrency or forex trading.

it is not such a terrible thing to share the experience that you have gained from trading with others, even if it is so little.

Thanks for support..
yes i had mentioned the whole chart in some cases are moving down just to know.. where it start from in the past? if it will break down the dip that occured from last month/month Or not...So if it will break that point perhaps will continue dumping.. So will be a good exiting point to buy it cheaper.. tho,  additional to that if there's traders haven't yet sold their bag from the last month/week ..
i'd rather to check everything in the graph Monthly/weekly/daily are actually important in guesswork before take a decision . 

[squatz1]

We don't know if the $5800 or so was the actual bottom until we wait a few more weeks/months.

However in general when the sentlement got bearish with everybody, it usually means the reversal might take place.

I've been frequenting Bitcointalk forums, Reddit , Twitter, Bitmex Trollbox and in the last 2 months, there are crazy amount of people that became huge perma bears. These people all wanted to see bitcoin go to $1000 and they were all short.

In the last few hours there was basically $100's of millions of dollars of liqudiations to prove it.

Also a few people I know locally, they all called me to tell me they got out of bitcoin because its a scam and they sold at $6000 earlier. A few other people asked me how to open a Bitmex or Bitfinex account to short bitcoin because they want to win back their losses.

Hence as you can tell the sentlement was pretty bearish for everybody.

Truth.

People right now are calling this small run up the BULL MARKET COMING BACK. But these same people didn't comment at all when we crashed from 20k down to 6, or from 10k back to 6 or anything down from what I just said. People are going to confirm their own bias by saying that they've called the top or the bottom.

The truth of the matter is is that NO ONE KNOWS WHAT THE MARKET IS FUCKING DOING. And you're just going to have to watch and see what the market does to you.

But I will admit, I've bought on the top and sold at the bottom too many times.

My strategy is buy on the bottom and sell when you get expected profit otherwise you can't predict the top, though the bottom but profit is profit.

So what you're saying is that you can call bottoms and tops? Wow. I wish I was you /s

[VBCryp@]

That is the wrong decision, if buy high prices and sell at low prices is a big mistake. Many people saw the market rebound and decided to buy in, they did not choose to buy at the time the market fell.

[tung06081989]

great,when we start trade,everything think we have to buy at low price and sell at hight price and take profit,it is very easy but when we trading days,we always buy at hight and sell at low price,why? because we don't have knowdeage,we don't have information,we don't sensitive with market,trading days very very dificult so i change my method,now i only invest longtime,buy goods coin and hold

[Sword555]

make sure you are watching the full chart and at least 6 months trade history for this specific Coin.. probably

This is the one and only useful tip from your entire post.All the other info is kinda generic,there are 100 threads here discussing the same stuff.
If you have any trading experience,please share it with us.There is one funny thing about this sub-forum.
People, who don`t even trade cryptos post tutorials and tips about cryptocurrency or forex trading.
I hope that you are not one of those people,OP.
 

One of the problem is when people are too lazy to make a proper research, and they then get scammed or just lose money and start to complain about it for me it is foolish.

[hurry_hore]

That is a must principle of profitable trading, buy in higher price and sell in the lower price so the different will be a profit otherwise it is a loss. The problem is how to know the price is already in bottom since if the trend is down and always decreasing, there will be another bottom from our guessed "bottom ".