sulendra12
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May 07, 2021, 11:12:35 PM |
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I was taught to buy low sell high.
Yes that is a rule of thumb when you do trading, but for me personally "buy low and sell" suggestion is kinda vague. Because you don't know when the exact time the price will be "low or "high" and when someone suggests that kind of suggestion to newbie on trading, they will be really confused to determine when is the best time to do it. This is why the advanced stuff really benefit you the most, trading chart, reading the orders history etc. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip?
You should wait, if such thing happens. The outcome would be either dump or pump, that's why I have stated above that you have to rely on different stuff not just solely from the price.
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BaeSuzy
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May 07, 2021, 11:21:07 PM |
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If you're thinking to put your money for the long term investment, the current price si verry cheap and i'm sure we can't see this price again in the near future especially when ETH 2.0 release. But if you're thinking just for the short term, i think ethereum isn't your choice.
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nurilham
Sr. Member
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Activity: 1484
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Reward: 10M Shen (Approx. 5000 BNB) Bounty
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May 07, 2021, 11:29:34 PM |
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If you're thinking to put your money for the long term investment, the current price si verry cheap and i'm sure we can't see this price again
No, buddy. If you want to buy ETH for a long-term investment, you should buy it in the next bearish season. The price of ETH will decrease much and it will be cheaper than the current price. Buying ETH now is only for the short-term holding, it is the price in the bullish season. Buying a crypto coin for a long term in the bullish season will be a mistake, buddy.
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Meta anggraini
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May 07, 2021, 11:33:33 PM |
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If you want to entry just entry, but dont all in in one position, so you can averaging down your position when the price down. Or if you want to have another strategy like divide your investment to another altcoin, i can suggest you EOS, EOS/USD weekly chart shows Adam&Eve Patterns while EOS/BTC graph already break the bearish trend which is so nice for long term investment.
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Bilgent
Member
Offline
Activity: 518
Merit: 13
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May 07, 2021, 11:35:29 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? If you aim to HODL the amount you are going to buy, then it is sensible even now to buy some. And I'll give you that about the buying-low thing is the best option of course. Because you can be in a big profit even earlier.
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eaLiTy
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May 07, 2021, 11:47:30 PM |
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I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? ETH is one of the biggest gainers this rally and i never expected the price to reach above $3k let alone it is breaking multiple resistance with ease and i will not dare to enter the market when it has already rallied a lot. I will rather wait for the market correction to invest in any coin as i am not too confident to invest in any coin at this price range.
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traderethereum
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May 08, 2021, 12:02:04 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? There are many ways you can do if you want to invest in ethereum. 1. You can buy ethereum at once at a price now and hold it. 2. You can buy ethereum by diversifying your order buy in many prices range, so you will get a chance to buy low and sell high. 3. You can try to buy ethereum constantly, weekly or monthly and hold it. 4. You can buy when the price is down and buy more when the price still goes down. 5. You determine by yourself. All of those things will need money, which will depend on how big your money is to invest in ethereum. Do not use all of your money to just invest in ethereum. If you are doubtful or unsure of buying now, maybe you can wait for a while and still analyze the market so you will get a sign to buy. At least, by analyzing the market, you will know what you need to do.
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monineklutak
Sr. Member
Offline
Activity: 1890
Merit: 252
The OGz Club
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May 08, 2021, 01:40:55 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? This is the dilemma of most people, we afraid to enter because the price already high, but afraid to not enter because the price could keep rising and will resulting a higher entry price. Anyway, just buy if you think the price is low enough, don't expect a deep dump for ETH so we can enter with low price because the price is already high in the market. That's right I think we need to take risks in making decisions and for sure it's not easy, but before making a decision we also have to think carefully first, I am curious about the future price of Ethereum
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Golftech
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May 08, 2021, 01:55:27 PM |
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If you're thinking to put your money for the long term investment, the current price si verry cheap and i'm sure we can't see this price again in the near future especially when ETH 2.0 release. But if you're thinking just for the short term, i think ethereum isn't your choice.
I also see that point from OP that fear will hurt your trading business, if you are unsure and not knowledgable enough in regards to your chosen assets better to review and research for more,. ETH is good for both lng and short term trade only if you know and understand what you're doing, if you are hesitant then better not to do anything just continue observing the market first before deciding.
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infer
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May 08, 2021, 02:05:52 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? What is important is your investment strategy? You want to make short-term investments to make a quick profit, or you want to make long-term investments. If you invest short-term then ethereum is not a good option. Do you have a lot of capital or not? Ether is a reputable and low-risk currency, it's suitable when you want to make a long-term investment and keep it
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oemar bakrie
Full Member
Offline
Activity: 1330
Merit: 100
PredX - AI-Powered Prediction Market
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May 08, 2021, 02:10:52 PM |
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My only advice is not to be too quick to make a decision to buy. and also don't focus on just one token, if possible, you can see all the token prices and there you can predict for yourself what to buy.. for eth now the price is very fantastic,don't lose if you predict wrongly..
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Fesatmas
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May 08, 2021, 02:43:47 PM |
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You always have the choice to decide based on your needs in trading crypto, even if you say Ethereum, as long as you are ready to become a long-term holder it is a good decision. because Ethereum will be more profitable if you hold today for later. don't let you equate Ethereum with other altcoins. because other altcoins may not be suitable for the long term.
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Xinarae*
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May 08, 2021, 02:52:10 PM |
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Ethereum is the highest of the altcoins trading is very profitable and investors are making a lot of profit by making long term investments. This is a great investment opportunity as the price of this currency will go up further there is no guarantee of other altcoins these are much cheaper and have no real market value. ETH is at the top of the list not sheep.
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masterrex
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May 08, 2021, 03:14:23 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? IMHO, I think you should be the one who decides on that matter because It seems that you are doubting about the result, It's your money that's why your own judgment is much needed. And regarding eth price today, its no doubt that the previous all-time highs were already broken because the Ethereum price is uncertain; maybe it will go up or go down we don't know yet thats why the risk is very high at this point. base on that reality you will be the only one who can pull the trigger. But just remember the old saying "invest only that you can afford to lose"
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adzino
Copper Member
Hero Member
Offline
Activity: 2996
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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May 08, 2021, 03:34:32 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? You know it is almost too late to invest when everyone talks about it. If you are willing to invest for long term (like 2 or 3 years), then ETH is a really good option. Go for it. And I think you still have some time to invest and make some quick small profit. People still thinks Ether is undervalued. During this bullish season, the price might even go above $5,000 USD. Who knows. If you can afford, I would say do it. When the price drops, just don't sell. Keep holding.
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ipanks
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May 08, 2021, 04:59:28 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? Buying low and selling high is the basic thing that you should do in trading or investment. If the price keeps going up, maybe you need to wait for a while until the price down to a low price so you can enter the market and buy the ethereum. You do not need to force yourself to enter the market if the price increases without having enough information because that will make you in danger.
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Atang Sulaeman
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May 08, 2021, 05:28:46 PM |
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it is better to buy low and definitely sell it when the price is high, but now it is also necessary to have it because
it is possible that the eth price will pump back to a higher price.
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Almasani
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May 08, 2021, 05:44:10 PM |
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Hi I'm new to the crypto space. I'm looking at the ETH graph and I'm unsure if I should buy now. But its at an all time high, and I was taught to buy low sell high. I really don't want to be a sheep, but what if the price keeps going up? Should I just wait for it to go down and just buy the dip? Short-term trading. I think the solution is when the price continues to rise. Take a chance at every price change that occurs. If you wait until the price really drops, there may not be a chance for you to trade.
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ZAINmalik75
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May 08, 2021, 06:14:57 PM |
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I think all market are little bit in dip. Many of people taught that market goes to dip because it want to take big step because alt season are coming and every project are preparing himself for altseason bull run. So invest in eth and many more because altseason are coming.
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Stedsm
Legendary
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Activity: 3052
Merit: 1273
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May 08, 2021, 06:34:29 PM |
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The fact is, nobody's a sheep in crypto. If you've got a lot of patience to hodl your crypto no matter what happens to its price just because you "only put money that you can afford to lose", then I guess there's absolutely no perfect time nor perfect entry, and every entry is perfect and valid. Though, I'd suggest you should wait for a dip rather than buying the top.
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