OK I have all my charts set up(screenshot)and BTC invested what can I learn from

[beamin]

OK so based on the indicators do I buy, knowing I'm paying a high price but seems market is going up but will peak and go down soon, so when I see (Being a cautious trader )the price go down ie two red bars on a 1hr/bar chart sell since I'm already at a profit right now, and wait a few hours/day for the price to dip then buy back in?

What would you do? WWYD?

[TheNineClub]

There is no good or right answer to this. This depends on a multitude of factors that are specific to a person's situation. The first thing that would have me wondering is if there is any merit to the Super Cycle theory that claims that we might not be at the peak of the current cycle, but that this cycle and the next will merge with us being just at the beginning. That would mean that the price of BTC is yet to go up to its peak. On the other hand, more widely excepted models suggest that we are running through a normal cycle that will have it's end sometime this year. Just those two concepts will have you scratching your head on what to do.

[passwordnow]

You have to catch up as much as you can, you'll be putting yourself in much effort for doing so. Unlike being a holder, you only wait the price to buy at the lowest that you think and sell it at the highest or profitable price above your buying price.

That would mean that the price of BTC is yet to go up to its peak.

Yup, sky is the limit for bitcoin and everyone is longing to see that it would go up as high as $100k ignoring the other predictions that are more than that.

[beamin]

There is no good or right answer to this. This depends on a multitude of factors that are specific to a person's situation. The first thing that would have me wondering is if there is any merit to the Super Cycle theory that claims that we might not be at the peak of the current cycle, but that this cycle and the next will merge with us being just at the beginning. That would mean that the price of BTC is yet to go up to its peak. On the other hand, more widely excepted models suggest that we are running through a normal cycle that will have it's end sometime this year. Just those two concepts will have you scratching your head on what to do.

So why is BTC up this last 24hrs and alts down? This I have never seen before, are people selling their alts to buy BTC? How can I find this out?

[OcTradism]

What would you do? WWYD?

Zoom out your chart to get what is happening with the general price movements. This step to zoom out help you to identify resistance and support. Notice the changes of volume together with any peak or dip.

Zoom in the chart to last few days (1D candle) and use 30 min or 15 min candle to choose your entry. Price usually bounces after 4 or 5 red candles and falls back after 4 or 5 green candles.

[beamin]

What would you do? WWYD?

Zoom out your chart to get what is happening with the general price movements. This step to zoom out help you to identify resistance and support. Notice the changes of volume together with any peak or dip.

Zoom in the chart to last few days (1D candle) and use 30 min or 15 min candle to choose your entry. Price usually bounces after 4 or 5 red candles and falls back after 4 or 5 green candles.

Thank you this is the best real advice I have found on this board most people are critical but not constructive.

[JeromeTash]

So why is BTC up this last 24hrs and alts down? This I have never seen before, are people selling their alts to buy BTC? How can I find this out?

Are you sure this is your first time seeing this kind of thing? It happens a lot of times, and it's normal. It's hard to know if people are selling their alts to buy BTC as there is no tool to directly know the flow of money,

But you could try following the altcoin/BTC charts like ETH/BTC, LTC/BTC, BNB/BTC, you could get a clue of how the bitcoin price vs altcoin price moves over time

You could also look at the Bitcoin dominance chart. Higher BTC dominance = Lower altcoin price, Lower Bitcoin dominance =  Higher altcoin prices (alt season)

[TheBeardedBaby]

If you are posting here to ask when to buy or when to sell, then you are gambling, you are not trading. Don't start trading if you have no experience, better start investing.. Buy like 100$ of bitcoin every week/month or so no matter the price, you'll see the result in a couple of years. If you really want to trade, then you need to read a lot, and check charts and be prepared to take a lot of losses, that's how you learn.

[pawanjain]

OK so based on the indicators do I buy, knowing I'm paying a high price but seems market is going up but will peak and go down soon, so when I see (Being a cautious trader )the price go down ie two red bars on a 1hr/bar chart sell since I'm already at a profit right now, and wait a few hours/day for the price to dip then buy back in?

What would you do? WWYD?

Firstly, you should have posted this on Trading discussion board to get more appropriate replies.

Looking at this chart I can see that there's a selling volume and the AO indicators are going downwards which means the price is falling since sellers are more than the buyers.
The indicators clearly show that there is a dip and you should wait for the dip to settle and buy at lower price.

[Oceat]

First, you just have to set your goals here or targeted price to sell and to buy don't expect us to teach you thoroughly through out the end until you gain profit. You have to at least know what you have invested and when to sell of course, it might be difficult to you if this is your first time doing this thing.

Do some TA first, read some charts, know the total fees each trade you made so that you won't fvkc up in your next buybacks. There's still more you need to know but be patient you will get there by doing everything slowly in order for you to learn.