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Author Topic: Buy more so you can sell some  (Read 1940 times)
livingfree
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December 28, 2021, 10:34:14 PM
 #121

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
And be specific for the coins that you're going to invest.

As you buy, choose the best, the best crypto that you think will give you that much profit in the future. While you see the increase, you can sell little by little for you to have some remaining of its quantity.

Because as you've said, you'll not know when might be the next higher price comes.

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December 28, 2021, 11:19:43 PM
Merited by Japinat (1)
 #122

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
And be specific for the coins that you're going to invest.

As you buy, choose the best, the best crypto that you think will give you that much profit in the future. While you see the increase, you can sell little by little for you to have some remaining of its quantity.

Because as you've said, you'll not know when might be the next higher price comes.
It was very common for the newcomers to think about buying more to make X100 ROI. And they got to fall into shitcoins since it was cheap and they can really make bulk purchases than potential coins. And this is what I'm afraid of, to be blind and not even do the research before investing, the thing about buying more was also to lose more.

People must have to be careful in looking xxx profit, a lot of developers will tend to offer such a thing. And to make sure that we can have a profit from our investment, then we have to buy those coins that are known of being profitable.
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December 29, 2021, 03:01:10 AM
 #123

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
investing in crypto currency is clearly very risky, but because the profits to be gained are also very large, everyone really wants to compete to be able to invest and trade in crypto.

but it does require analysis and strategies that must be built from experience that we have done ourselves, so that we will be able to minimize everything that harms us, because we don't just hope for profit, but the possibility of loss can also occur, but if we protect it well, it will not happen. bring us down.

the current situation has not yet recovered and bitcoin seems to be comfortable with the current price and is fairly stable, whether there will be changes next year of course we are difficult to analyze and need patience when it will increase.

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December 29, 2021, 07:08:19 AM
 #124

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
Yeah, most of the times when I am trading I don’t really look at what other people has to say, I just have to do what is going to be right for me depending on my situation at that moment. We are not the same and our conditions are also not the same. So, some of the actions we have to take usually has to be because of the situations that we find ourselves in and whether we think that action is right for us to take it or not.

There are other factors of life that can affect our decisions. But it’s also good to have the principles that guides you in everything that you’re doing so that you can stay on track and not derail from it.

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December 29, 2021, 07:26:56 AM
 #125

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
Yeah, most of the times when I am trading I don’t really look at what other people has to say, I just have to do what is going to be right for me depending on my situation at that moment. We are not the same and our conditions are also not the same. So, some of the actions we have to take usually has to be because of the situations that we find ourselves in and whether we think that action is right for us to take it or not.

There are other factors of life that can affect our decisions. But it’s also good to have the principles that guides you in everything that you’re doing so that you can stay on track and not derail from it.
Of course, never invest or trade if you are not sure of your own actions, make a decision that comes from solid bases. And focus on your own goal so you can achieve it in the long run without relying from other's decisions. And as long as you have good strategies to follow that will work on you, then you will be able to lessen the risk.

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livingfree
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December 29, 2021, 10:58:38 AM
 #126

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
And be specific for the coins that you're going to invest.

As you buy, choose the best, the best crypto that you think will give you that much profit in the future. While you see the increase, you can sell little by little for you to have some remaining of its quantity.

Because as you've said, you'll not know when might be the next higher price comes.
It was very common for the newcomers to think about buying more to make X100 ROI. And they got to fall into shitcoins since it was cheap and they can really make bulk purchases than potential coins. And this is what I'm afraid of, to be blind and not even do the research before investing, the thing about buying more was also to lose more.

People must have to be careful in looking xxx profit, a lot of developers will tend to offer such a thing. And to make sure that we can have a profit from our investment, then we have to buy those coins that are known of being profitable.
Many coins are profitable from the perspective of each of us.

It is depending on the likes of our investing style and there are those altcoins that are profitable as they're.

While the others, they're asking too much and expecting a lot from their investments which isn't really a good attitude towards the market.

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December 29, 2021, 12:44:36 PM
 #127

Accumulate as much as you can as long as the funds in use is the amount that can be risked and not the funds that you may be in need for the family . buying more specially now that the value is subsiding is a great opportunity and also selling in times of crisis is indeed needed to happen.
i will buy as long as i can and will keep it hold as long as i am not in badly need.
this is how we must treat or crypto investment and not just for our badly desire.

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December 29, 2021, 12:47:42 PM
 #128

Accumulate as much as you can as long as the funds in use is the amount that can be risked and not the funds that you may be in need for the family . buying more specially now that the value is subsiding is a great opportunity and also selling in times of crisis is indeed needed to happen.
i will buy as long as i can and will keep it hold as long as i am not in badly need.
this is how we must treat or crypto investment and not just for our badly desire.
Of course, you'll never spend the money that is intended to survive, as the experts are saying, "invest what you can afford only", that's the principle that everyone should follow and your life will be easier while investing in crypto. Also, being smart and realistic will help, investing doesn't mean it will produce automatic profit, sometimes it requires time before we can rip the fruits of our labor, (if you know what I mean).

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December 29, 2021, 03:00:59 PM
 #129

You should stick and follow your strategy on investing. All the investors and traders know how high the risk is when it comes to investing in cryptocurrency. We have no idea when the coin will pump. Or how long it will take to see the profit.
And be specific for the coins that you're going to invest.

As you buy, choose the best, the best crypto that you think will give you that much profit in the future. While you see the increase, you can sell little by little for you to have some remaining of its quantity.

Because as you've said, you'll not know when might be the next higher price comes.
It was very common for the newcomers to think about buying more to make X100 ROI. And they got to fall into shitcoins since it was cheap and they can really make bulk purchases than potential coins. And this is what I'm afraid of, to be blind and not even do the research before investing, the thing about buying more was also to lose more.

People must have to be careful in looking xxx profit, a lot of developers will tend to offer such a thing. And to make sure that we can have a profit from our investment, then we have to buy those coins that are known of being profitable.

With the thousands of coins in the market is very hard to predict what coins will pump 100x. I mean it's not impossible as we already saw a lot of coins that had that kind of success, but as an investor, we need to understand that we have to make deep research to find this kind of gem but it also does not guarantee that our investments will be profitable, so we also have to learn how to diversify, buy more coins and hold.

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December 29, 2021, 10:21:31 PM
 #130

You're totally right... I could remember that whenever I tried to trade any coins such as futures trading I mostly end up with a loss but luckily I always delete it in between the small loss but if I consider my holding coins I could remember that I bought bakery tokens last December with of 10$ which turned into 10k$ so I love to hold coins rather than trading them
This is the reason why others are more profitable with hodling their coins as its even less risky and there is more assurance of profits as long as you are going to sell it with your target price. Although trading alone gives profits too, but there is more profits in short term trading as long as you can make it profitable consistently.
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December 29, 2021, 10:45:33 PM
 #131

Accumulate as much as you can as long as the funds in use is the amount that can be risked and not the funds that you may be in need for the family . buying more specially now that the value is subsiding is a great opportunity and also selling in times of crisis is indeed needed to happen.
i will buy as long as i can and will keep it hold as long as i am not in badly need.
this is how we must treat or crypto investment and not just for our badly desire.
Of course, you'll never spend the money that is intended to survive, as the experts are saying, "invest what you can afford only", that's the principle that everyone should follow and your life will be easier while investing in crypto. Also, being smart and realistic will help, investing doesn't mean it will produce automatic profit, sometimes it requires time before we can rip the fruits of our labor, (if you know what I mean).
As investing in crypto brings a lot of risk, then we should always invest an amount that is not intended to pay our bills or our means for survival. Invest only what you can afford to lose.

However, do not expect that you can make immediate profits in crypto, it takes time and more patience to hold a certain coin successfully. And when you think you are about to make profits, be smart in utilizing your profits.

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December 30, 2021, 01:14:49 AM
 #132

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

At the moment dude, it is really good timing for us to buy altcoins in the market due to a lot of them who are expensive before are now totally dumped their price value just like for example BNX, Matic, Bnb, Soku, Xrp, and more, you can try to check coins who got dumped the price but the volume still remain on top. So, I agreed buy more now earn big later.

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January 07, 2022, 07:35:58 PM
 #133

I have always said that buying in the dip is the best thing to do, especially for BTC, however there are times when you have to take into account the capacity that people have in your pocket, it is very easy to say that you are going to buy in the dip, but if there is not enough money? And if you buy and keep going down, the logic indicates that you should keep buying, but if there is no more? so I prefer to set a buy price level and if the price goes down even more, I sit still, I do nothing else but Hodl until I can the price go up and make a profit.
You're right and buying the dip is most effective if you have done the selling at tip part because otherwise, you will run out of funds very quickly. It's perfectly fine to keep buying more for whales or people who generate income outside the trading but for common traders we have to be sharp and selling at the tip is equally if not more important than buying the dips.

Trading is easy if you just do what's the right thing to do at the right moment. Some people are hyped and buy the tip and sell the dip which is what is causing 50% of the traders to lose money. They panic when price drops and get hyped too quickly when price is rising.
It is somewhat a personal choice. I buy more because I have the goal to achieve and I'm committed to doing it while still having the chance. But it won't just be all about buying more and holding, selling is also a thing to plan after. Thus, if we buy more, we expect to sell more and possibly more profit but this is not the case to happen all the time, unless if we buy them at cheap prices and sell at ATH.
In particular, I have always admired people who always buy when the price goes down more, and the reason is simple, that person who buys more as the price goes down is because he has the conviction that his investment will pay off, and this is something worthy to admire because it usually happens that when the market recovers and you see the other altcoins recover and the investment that was made is not, it is difficult to resist the temptation not to sell, something like this happened with some friends who had ADA and ADA is an example of this type of investment.

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January 07, 2022, 11:07:08 PM
 #134

At the moment dude, it is really good timing for us to buy altcoins in the market due to a lot of them who are expensive before are now totally dumped their price value just like for example BNX, Matic, Bnb, Soku, Xrp, and more, you can try to check coins who got dumped the price but the volume still remain on top. So, I agreed buy more now earn big later.
Don't too hurry! Although many altcoins have cheap prices now, they can drop more if BTC price continues to free fall. There is a rumor that BTC price may drop to $30k, so not sure if now is the best time to buy. If I have some money or some USDT, I prefer to wait for BTC price drops below $40k. I will start to buy altcoins once BTC price is around $31k - $34k area. This can be a better time to buy than buying now in hurry.
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January 07, 2022, 11:27:28 PM
 #135

A good strategy but must also be followed by a good coin selection too. It's useless if we buy a lot of coins but we choose the wrong coins and don't have good prospects. Although it will flow by itself because gradually we can certainly choose well coins that do have good prospects. Keep it safe and hold on to it if needed when the crypto market is in turmoil. Only we ourselves can manage and maintain assets because all control is in our hands.

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Quidat
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January 07, 2022, 11:49:23 PM
 #136

A good strategy but must also be followed by a good coin selection too. It's useless if we buy a lot of coins but we choose the wrong coins and don't have good prospects. Although it will flow by itself because gradually we can certainly choose well coins that do have good prospects. Keep it safe and hold on to it if needed when the crypto market is in turmoil. Only we ourselves can manage and maintain assets because all control is in our hands.
Selection of good coin is already part of your strategy or analysis that had been made because you cant really make out decisions if you dont mind off it well
or having those considerations or factors needed. When it comes to investment then this is something wont be easy basing up on how many projects in the market
then you would really be having a hard time to determine on which one and this is where research effort does count on each person.
Results might not be precise but odds on getting profits at least on the better side.
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January 10, 2022, 06:02:42 PM
 #137

I always choose Investment over saving. Because when you invest your funds especially in Crypto, you have possibilities of earning high profits if the coin probably rises. Although, it usually involves patience. While, when saving either in banks or house, your money remains stable. Buying low and selling high have been the best way for Investment. But the most important aspect of it is Investing in coins that have potential of rising in the future. I think one can basically still invest in Bitcoin, because it likely to hit a new ATH in the nearest future.



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January 22, 2022, 04:23:54 PM
 #138

You're totally right... I could remember that whenever I tried to trade any coins such as futures trading I mostly end up with a loss but luckily I always delete it in between the small loss but if I consider my holding coins I could remember that I bought bakery tokens last December whi h of 10$ which turned into 10k$ so I love to hold coins rather than trading them

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January 24, 2022, 11:54:08 AM
 #139

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

At the moment dude, it is really good timing for us to buy altcoins in the market due to a lot of them who are expensive before are now totally dumped their price value just like for example BNX, Matic, Bnb, Soku, Xrp, and more, you can try to check coins who got dumped the price but the volume still remain on top. So, I agreed buy more now earn big later.

We have the habit of buying the coins when we see them rising. When the coin is already 10 - 15% up and the volume is coming, we tend to take entry in those altcoins with the hope that they will continue to rise. Sometimes the coins do further rises but in most cases, they don't and start dumping from where we bought. The reason being we bought the top and not the bottom.

The current bitcoin and altcoin prices are so cheap and worth buying. For example, who would have thought that they could buy DOT below 20 a month ago, but now DOT is available for less than 20 dollars. Most of the altcoins are at their perfect support prices and we must take entry in them.

.
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January 25, 2022, 03:55:03 AM
 #140

Buying more when one can't manage it does not make sense. Buying  more that can't be managed can also be greed. It is better to concentrate in a particular coin , it is better to get other options than to put all your Hope in a basket.
But you wouldn't be buying more when you know that you can't manage those stuff so I don't know if it's the right thing to do when you know you can't manage it. Plus, I am pretty sure that you're not going to be buying so many to the point that you can't manage it, I think it's going to take a lot of tokens before that can happen. I can see the point of buying more but it's not advisable especially if you don't have a very big amount of money in your pocket and you have a big risk of going broke when you buy more cryptocurrencies.



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