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Author Topic: Buy more so you can sell some  (Read 1940 times)
Zilon (OP)
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December 09, 2021, 10:56:37 AM
Merited by CryptopreneurBrainboss (1)
 #1

Holding is only for those you can afford to take risks for the rainy day and as long as the earth remains challanges are part of human experience and as such so much would tempt one sell some coin. But there is always a short break for every human figure represented on earth where you have little or no need for money but it keeps coming in and that's the best time to invest other than save.

Saving has been the traditional way of planning for the future where people bank their funds in commercial banking sector waiting for when the need to take back from the bank arises even when we had centralized stocks where people could invest in many still thought it was wiser to deal directly with banks other than investing.

Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving
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December 09, 2021, 11:00:28 AM
 #2

Your investment strategy should be followed all the time. Some investors do not really hold based on a certain period of time, they usually look at the price first, if they see some profit, they'll cash out their capital so they are only holding their profit as their investment.

If you want to have something to spend during rainy days, you should find a stable income, either through your day job or business.. or you can also try to do day trading, and just make sure you have some consistency to make profit.

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December 09, 2021, 11:14:07 AM
 #3

Whether we are talking about real life saving with the bank or keeping it in our houses/store or whether we are talking about cryptocurrency investment and savings all is about same purpose and that is for rainy days when you don't have you can fall back to it. For cryptocurrency it is better a longer time and buy large unit. If you buy large unit of coins, you are likely to turn into millionaire if the stroke of luck come to you when it goes up. This is the time for such savings as the price of bitcoin is trying to stabilize, the altcoins season is being expected, buy cheap and sell higher is how to save for rainy day.
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December 09, 2021, 12:25:30 PM
 #4

Basically buying isn't enough to ensure profit, and buying more so you can sell some? that would go for certain situation first before proceeding on such action. Buying has the right time, since we are all crypto enthusiasts here, I assume OP are saying that buying more tokens means higher possibility to make profits in the long run.

Yes, that's possible as long as the tokens that will be bought in the future has a future as well, you know, it has strong foundations, because you don't want to buy random tokens that's basically just shitcoins. Second will be the situation of that certain token that will be bought in the future, you need to buy in the dip, not in the all time high.
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December 09, 2021, 01:41:11 PM
 #5

Investing and trading are both risky and just buying is not enough. If you want to invest or trade you should consider first if What coin you are going to invest/trade? Next is,  When is the right time to buy those coins?  Always apply the "Buy low, Sell high"  in terms of investing. Because if you really buy more but at the wrong time where the price already high, how can you take profit if it suddenly drop? Always be careful in buying and always have different strategies to be use in investing/trading either for long or short term.

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December 09, 2021, 03:53:40 PM
 #6

Yes this is a best idea for getting profit but always sell in part never sell when we see some profit and always make your buying and selling according to trend then always profit is our,s

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December 09, 2021, 04:01:45 PM
 #7

Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving

Saving and investing are both important ways of financial management. Because by saving you might be able to use it more easily if you need it urgently. While investment certainly has to wait for the right time to take advantage. therefore investment as alternative long-term savings. It's another thing if you just save and you don't need to make a long-term benchmark, you can take it in a short time without worrying about profits.
Now, back to the choice of the two things, if I am of course both are choices how we can use finances more during a pandemic or after a pandemic. Although it is undeniable, the need during a pandemic is greater than usual. To maintain availability means that we will incur 2x the cost of the usual producer. Then there are savings that can be used. Regarding investment, make sure it is maintained to be taken in the future.

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December 09, 2021, 06:05:29 PM
 #8

Yes it is true. If you want to sell some quantity of your coins then you have to buy some amount before selling. In this way your quantity remain constant after book some profit. It is a good strategy. If you a quantity of 1000 then sell only 500. So, after selling buy again 1000 in this way your quantity is increasing and you can book some profit when it's price increases.

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December 09, 2021, 06:46:45 PM
 #9

I Think,  Saving and investing both are important in crypto Trading.That's true fact is when you have to holding more coin and then if You want to buy some coin Then you should sell your some coin to get Your investing money.Investing and trading are both is best to get profit.
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December 09, 2021, 08:27:24 PM
 #10

Yes this is a best idea for getting profit but always sell in part never sell when we see some profit and always make your buying and selling according to trend then always profit is our,s
When dealing with selling and buying then of course it would be just ideal if you do know on what you are doing and not just make out decisions which is really out of your skills and awareness because that would just simply make out some mistake.

Investing and savings are correlated to each other and would be more effective in terms of investment when you do know on how to make it roll.

There are really times which we do need to pull off profits for more possible investment opportunities or chances.

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December 09, 2021, 08:44:48 PM
 #11

It really has changed a lot even before the pandemic came. Due to inflation, saving is just as good as keeping money so that you're stopped from spending it. Whilst defeating inflation and looking forward to a better future, that's when investing comes. Many today are learning to be wiser on how they'll keep, invest and spend their money. And that's why in investing, patience is a big requirement for your money to work for you. Delayed gratification is needed and if you're a holder, you have this quality that shall give you freedom in the future.

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December 09, 2021, 10:06:18 PM
 #12

Holding is only for those you can afford to take risks for the rainy day and as long as the earth remains challanges are part of human experience and as such so much would tempt one sell some coin. But there is always a short break for every human figure represented on earth where you have little or no need for money but it keeps coming in and that's the best time to invest other than save.

Saving has been the traditional way of planning for the future where people bank their funds in commercial banking sector waiting for when the need to take back from the bank arises even when we had centralized stocks where people could invest in many still thought it was wiser to deal directly with banks other than investing.

Currently the ecosystem has changed and the pandemic outbreak launched in a new era where people's need became even more insatiable and spiked the cost of livelihood. To tackle the present state of economic challenge investing is more.preferred to saving even though it's more risky but a diversied portfolio is more secured than mere saving

This pandemic gave us more time to realize, material things instead of money can be rewarding but if you change that perspective into new diversions you will value saving rather than spending. Same wth what I did this year, selling too early doesn't seem rewarding but rather a regrets. So if the price breakdown lately, opportunity has come for another brighter chances.

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December 09, 2021, 10:10:21 PM
 #13

I Think,  Saving and investing both are important in crypto Trading.
It does not work with crypto, you can't say you are saving your money here because of the risk factor.. when you say saving, that means you can access the money anytime with the same value, but since we are in crypto, the value may go down or go up, so what if it will go down? I'm sure you'll not be able to use the entire value of your saving, so it's better to save in banks and invest in crypto, should be separated.

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December 09, 2021, 10:21:38 PM
 #14

This is the time for such savings as the price of bitcoin is trying to stabilize, the altcoins season is being expected, buy cheap and sell higher is how to save for rainy day.
I like how many experienced investors like yourself are basically saying 'buy now thank me later'.

Something, of course, I agree with. The altcoin rally is yet to take place and buying now with a nice discount will surely help in the height of the altcoin rally. In my view, this approach work even if people look for a quick profit turnaround, though it arguably works best for long-term holds. Still an opportunity worth exploiting  Wink
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December 09, 2021, 10:36:05 PM
 #15

The most important part of crypto is patience but sadly, not everyone has the ability to hold because they don't have the patience to hold.
There is a level to which anyone can hold though because I have seen a project that's well fundamentally cool to invest in but technically, the price keep depreciating, at every increase in price, the whale keep selling and as such activities, you wouldn't even know what to do than left with an option to sell.

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December 10, 2021, 02:52:50 AM
 #16

Holding is only for those you can afford to take risks for the rainy day and as long as the earth remains challanges are part of human experience and as such so much would tempt one sell some coin. But there is always a short break for every human figure represented on earth where you have little or no need for money but it keeps coming in and that's the best time to invest other than save.
And also for those that are lazy af or does not have any idea how to ideally do trading. Honestly, just looking at the history of Bitcoin, hodlers never had any rainy days. Those that have had ones aren't really hodlers, they'd have either sold too early or... sold too early. Sides, hodling means investing in a coin YOU believe would grow in the long run. Plus in the first place, investments involves investing what you can afford to lose no?

I guess saving is good, but really that's something that you wouldn't really do. Invest in something, whether it be in you, or in an asset, just well, something. Don't let your money sit there rotting, money is MEANT to be spent.

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December 10, 2021, 05:13:18 AM
 #17

The most important part of crypto is patience but sadly, not everyone has the ability to hold because they don't have the patience to hold.
There is a level to which anyone can hold though because I have seen a project that's well fundamentally cool to invest in but technically, the price keep depreciating, at every increase in price, the whale keep selling and as such activities, you wouldn't even know what to do than left with an option to sell.
If you are not day trader then you should be patient enough to hold your coins especially when the graphs are turning red but only in the case you are holding some good coins as meme coins won't help you at all so it's better to liquify your position on them at some profits only.But if potential coins then it's absolutely fine to hold them for long and invest if you can at that time to enjoy later on.

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Mpamaegbu
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December 10, 2021, 06:30:49 AM
 #18

At any point a buyer makes a purchase, the buyer's desire would be to buy more of that crypto but constraint of fund would surface. I'm one who believe in quantity. Whenever I buy, let's say 10 units of any crypto, my desire is always to buy 100 or 1,000 or even more quantity of the said asset if I could. I guess it's same with every investor too. With quantity, any little price appreciation guarantees one an instant hit over one who hodls less. There isn't anyone who wouldn't want more of whatever they're buying, whether crypto or not. Naturally, man craves more for whatever they're buying at the same cost. However, the ability to get more is determined by funds and most times regrettably, the funds aren't available. If anyone can, it's advisable to get more of whatever crypto you're buying at any given time.

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December 10, 2021, 06:33:55 AM
 #19

Saving is an old way for most people to keep their money from other unnecessary things that they can buy. But unfortunately, not many people can constantly save their money in their banks because they always have a reason to cash out the money to buy something they want. Not many of them are thinking about investing in real life because they are busy making more and more money. But some of them prepare their future by saving their money and making an investment.

Currently, those people have a new type of cryptocurrency investment, so they can start to use some money to buy good coins such as bitcoin and altcoin and keep that for some time. If they can have a chance to diversify their investment, they should do that as it will give them more opportunities to make a big profit in the future, depending on what coins they have. The good news is we can adjust the money that we will be used to invest in crypto to manage the funds for other daily needs, plus we can expect to make some profit in the future.

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December 10, 2021, 06:48:38 AM
 #20

That's what it is mate crypto is a very risky investment, but there's always a way how to minimize it and of course to protect your money from any situation that can cause losses after all.. There's a bunch of ways actually and that's to learn how it really works and how to prevent scam projects as it is the common reason why investors nowadays keep losing money from crypto. So if you're new on that field better to obtain more information first .. And of course invest what amount you can afford to lose especially if its your first time because its not safe..  Just learn more because that's the only key to become profitable in crypto.
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