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Author Topic: What happens when everybody buys the bottom ???  (Read 639 times)
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February 25, 2020, 11:16:16 AM
 #21

Coins and tokens don't stay at one point, they are highly volatile so it's impossible for everybody to buy the bottom, bottom price don't stay at one place forever, some will buy cheaper and some will buy at high price
Buying cheaper is the best feeling then it will pump and earned you profits. But the problem is if we dont have experience on trading to seek which price is already at the bottom worse is we buying the price that it continue to dip. Anyway if youre not a trader then its okay just wait for it to increase.

The point is, when you regret the month you buy, that means you didn't buy at the bottom
How come sure you are that on that month it will be the price of that coin? Check cmc and based the decision on the high and low cause it is not gonna give us an accurate low unless data feed is much on the volume of trades of each particular coins.
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February 25, 2020, 11:54:24 AM
 #22

The truth is that no one truly knows where the bottom  is. We only get to find that out from hindsight. This is just a pointer that in business people profit and people lose. Someone has to dump for others to buy. I have a couple of dumped coin s am holding too and waiting fora miracle and resurgence to happen to them. Who knows what miracle can happen. Never say never.

I agreed with you on that things mate, that's the point because the market are so volatile and unpredictable as well if your going to look at it in the market now. But if ever you know when the right signal for it to buy at the bottom I think that's what you called skills and talent of course that can be consider here in cryptocurrency.
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February 25, 2020, 11:58:57 AM
 #23

I can see an unimaginable pump in a coin, but probably it is gonna be in a slippery mountain wherein it will surely just dip to the bottom in no time, assuming that the bottom was solid $0.00. It could be either a dead coin or something that resurrects over and over. In the end, there's no point into investing in it because probably those large buyers would sell at one point in the end, making the price plummet.
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February 25, 2020, 02:22:01 PM
 #24

If everybody buys at the buttom? Then that is what you called impossible.
I don't think that this is possible to happen. People always have this mindset of buying at the buttom, but we don't really know what is the buttom or the lowest price. Each nvestor buy at a different amount, since we keep on always finding the lowest possible price of a certain altcoin.
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February 25, 2020, 03:24:58 PM
 #25

When it comes to trading practices particularly in a day trading buying at the bottom is very necessary to gain some profit daily, but in terms of investing, I think we should consider other things before we buy and hold. such as making a further study about the coin/token you want to buy because not all crypto that was listed in the market, can give you positive returns but mostly it was opposite so be careful while buying any coins at the bottom.   
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February 25, 2020, 04:00:25 PM
 #26

I have spoken about this many times. You need to study the project, study the coin before investing in it. You can’t invest your money simply because some unknown people told you on the telegram channel. You also can’t buy simply because you want to. This is a conscious step to be taken when you check the project and are sure that it will fly up. Because even after such checks, you will have projects that will die. But there will be fewer.
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February 25, 2020, 04:02:33 PM
 #27

Are you experiencing losses on STQ for holding too long?
if so then you can make a lesson not too long to hold a newly released token, I bought ico stq as much as 50 $ and got 200% profit from the ups and downs of the price at that time and then sold it.
after that never buy or trade again.
and some time later the price goes down and then disappears, many tokens have ended up like that, so don't expect excessive increases.

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February 25, 2020, 04:04:29 PM
 #28

Optimistic about an effort is very necessary, but incomplete when making decisions without prior research, looking at the situation and conditions for conducting a research is very important to prevent undesirable things.
I want to know if that happens to you what steps should be taken in this case.

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February 25, 2020, 04:37:41 PM
 #29

A lot of investors are stuck with scamer projects and this is very difficult for us to overcome because we are too lustful with what the project has offered to attract us and then we lose what we already have, Then in the crypto world we must be careful because a lot of scamer are faking whitepapers so we easily get stuck in it.

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February 25, 2020, 04:54:58 PM
 #30

There is a no point to invest in STQ or any coins like that because we already know that the STQ has screwed out now and become scam project.
If you want to invest any bottom coin you should know about the full details about that project and what is there future plans because you can't invest money blindly so do some research about then go ahead or select any top coins in crypto market and hold for long terms.

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February 25, 2020, 05:22:15 PM
 #31

In my opinion, buying when the price is cheap is good in investing, but we also have to see the potential of the token. Moreover, many tokens do not have good potential for the future. even after the tokens are sold out, they disappear in the market. therefore we must be careful in investing.
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February 25, 2020, 05:59:31 PM
 #32

The market price will more likely increase. I don't know but, this is how I understand this instance. The market price , perhaps of a token is low. If many people would buy that token, it would trigger a demand. Then there will be sellers that would sell it a little higher than the "standard" price at that moment. If you are one of the sellers at that standard point, chances are high that you will do the same thing of making a higher selling price in order to earn bigger profit, then domino effect will take place.

The key with regards to this, is demand. If there will only be few people who will buy that token even for a low market value, its price won't increase unless there will be more investors that would risk buying and holding that token for a period of time.
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February 25, 2020, 06:29:07 PM
 #33

In my opinion, buying when the price is cheap is good in investing, but we also have to see the potential of the token. Moreover, many tokens do not have good potential for the future. even after the tokens are sold out, they disappear in the market. therefore we must be careful in investing.
Yes, buying at the bottom is good for investing but we need to confirm the potential of that coin/token before investing. I agree that now a days most of the coins/tokens are getting disappeared from the market after getting dumped. So, buying at the bottom must need to more research and analysis before risking with the tokens which are trading at the bottom.

At the same time, if you are buying a reputed coins like BTC or ETH then catching at bottom must be a very good idea for long term holding as you are able to hold it for longer periods so that it may recover to new ATH and will get you more profits.

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February 25, 2020, 08:35:05 PM
 #34

Well, when something "bottoms" out that means it will probably either dead or it will go up, bottom up is not the end of the coins, dead is the end of the coins. So for example when bitcoin was around 7k this year that was actually "bottoming out" as well, it wasn't dead, it wasn't like STQ or whatever, it just bottomed out and it went up after that and today it is around 10 thousand.

So, bottoming out could mean two things, I talked about the first one like how bitcoin went down but then went up and didn't go further down, that is bottoming out, there is also the ones like you talk about, it goes down so much that it literally can't go down any further, it became so low that it is less than 1 satoshi, it is less than one etoshi it basically is gone, those are bottom outs as well.

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February 26, 2020, 11:35:56 AM
 #35

Everyone’s opinion on what a good project is and what a bad project is, is different. You saw the project and maybe to one or two things you came across , they made you decide that it wasn’t a good project and you quickly avoided.

But, there are people who to them it seemed like a good project. And some people don’t even do proper research when they are looking for tokens to invest in, they just look for coins that are being hyped and the ones that are increasing, when they see these coins they start rushing into it without stopping to consider other things that are meant to be considered.

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March 01, 2020, 12:14:16 PM
 #36

In my opinion, buying when the price is cheap is good in investing, but we also have to see the potential of the token. Moreover, many tokens do not have good potential for the future. even after the tokens are sold out, they disappear in the market. therefore we must be careful in investing.
Yes, buying at the bottom is good for investing but we need to confirm the potential of that coin/token before investing. I agree that now a days most of the coins/tokens are getting disappeared from the market after getting dumped. So, buying at the bottom must need to more research and analysis before risking with the tokens which are trading at the bottom.

At the same time, if you are buying a reputed coins like BTC or ETH then catching at bottom must be a very good idea for long term holding as you are able to hold it for longer periods so that it may recover to new ATH and will get you more profits.

In investing there must be a good strategy. not only investing in BTC or ETH but also investing in other altcoins or new tokens. people's habits are tempted by new tokens that have good prices, but in the end, they suffer losses because tokens are no longer in demand. therefore never be tempted by something that is not necessarily true in accordance with facts.
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March 01, 2020, 12:24:19 PM
 #37

Buy on the bottom is good decision , But it only work for good coins not shitcoins.
So, we must care about the token that we want trading on it. Whereas, even good coins buy on low sometimes can go lower again.
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March 01, 2020, 12:29:55 PM
 #38

I don't know much about STQ, so I only think that the price will stay at the bottom because there will be a big amount that will still queue to buy or sell order. The price itself will not moves until some traders place the order buy or sell to the next price that will be the next list of the queue. People will always like to buy at the bottom price, but they cannot always get that price because the price will always move, and maybe STQ is an exception.

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March 01, 2020, 12:41:56 PM
 #39

If you're referring to Storiqa by STQ then it's not need to ask about it.
It shit / SCAM project since day one, YEAH i invested in it too when i was noob.

Another important golden rule about that bullshit of " buying the dip, buy it while so cheap, bla bla ba ", that doesn't mean it will go up again, not necessarily.

STQ is a dead coin since day one unfortunately, no team, nothing ... just plain bullshit scam project.

Yes you are right about stq been scam project.

I was referencing how so many peoples rushed to buy the bottom of the tokens as if it was angels that's gonna pump it lol.
Honestly, we all have to avoid unnecessary risks
a coin like that dies a natural death over a period of time. In most cases, coin-like that reached that bottom due to massive dump probably when it get listed on an exchange and when there is no development that makes the coin to be demanded, The trading volume for the coin will start to go low until it finally reaches zero. After some time, it might get delisted provided it is listed on decent exchanges that are not only interested in the money they will get from listing a project but wanna improve their platform
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March 01, 2020, 12:46:35 PM
 #40

For any token or coin to be bought at the bottom means that; the token is been traded around 1sat or 3sat because no matter how good a project looks or popular it cannot be bought even at the bottom. Even hype, I think cannot bring a token to be bought up at the bottom. Am yet to ready or hear from anyone who have gotten such experience before now from any project.

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