Buy? . . . Nah, hang on a minute.

[Ultegra134]

I'd say it's better if you not invest on crypto aka shitcoins, but just invest in Bitcoin. The rule of buy low and sell high can't be used on shitcoins because they doesn't have any fundamental and easier to manipulated due to low market cap + centralized. Bitcoin is the only one coin who have fundamental and you can analyze how much it will goes to bottom etc. Looking on 200 week moving average the bottom may likely around $24,500, however no one can know does it will happen or not, but at least it can help your decision.

If you didn't have good analysis, you do Dollar Cost Averaging by buy Bitcoin every day/week/biweekly/month in any prices. So in the long term based on Bitcoin's history, you'll enjoy the profit.

Totally agree, stick to Bitcoin, or at least some trusted altcoins such as Ethereum, Litecoin and possibly Binance. People got screwed over with Luna, investing in overly hyped coins that supposedly showed huge potential but quickly came to an end. It's really saddening, because myself included lost money that I had put on UST, thinking they were safe, only to be proven wrong.

Despite the fact that Bitcoin has lost over 50% of its value since November, I'm not too worried. I'm patient enough to wait and trust its potential, if it was any other altcoin, I'd be extremely frustrated right now.

[Nrcewker]

We've been told to buy when the price is low and sell when the price is high. This is pretty much the thumb rule in trading.

But that is not without conditions. It isn't absolute. It doesn't always guarantee

If you are dumb, then only you will follow this dumb thumb rule.
I haven’t seen many people following this.
Cmon investments are subject to market risk, so without calculating the risk if you invest then you will definitely face loss.
And now if we talk about Bitcoins here, then there are many factors that will come in the way.
Earlier we have seen Bitcoins capability, and all time high price.
If we do good prediction and calculation, then there is more than 90% chance that, Bitcoins might break it’s all time high by the end of this year(This is just a prediction).
Now it’s always depends on you whether to bet on the prediction or not.

[kryptqnick]

Op, buying at a low point is not only good for trading, but also from a perspective of a long-term investment. The current price is more than twice as ow as the ATH, and I think it's quite safe to assume that eventually, in a matter of a couple of years or less, Bitcoin will resume its former position, and even 2x isn't a bad profit, but 3x is also pretty realistic. But that's Bitcoin, of course, and this doesn't hold for the vast majority of altcoins, investing into which is indeed very risky.
May I also ask where you think investing 95% of one's portfolio is safer than cryptos? Gold, which doesn't bring much profit but doesn't normally make you lose much either? Or stocks which can sometimes be just as volatile as Bitcoin (at least, if you consider how low they can fall within which periods of time)? I do agree that one should only invest what one can afford to lose, but this holds for any investments, not just cryptos.

[jrrsparkles]

Investing percentage on cryptocurrencies varies depends on your portfolio value, your 5% rule may sound good for someone with million dollar portfolio but what someone can do with 5% if their capital is only about a thousand dollar or even less. Many cryptocurrency investors are literally the new age investors who are considered to be young and made their first ever investment.

Buy low sell high rule will always work and you didn't lose anything unless you sell the cryptocurrencies which you have bought for high price then the bear cycle traps you.

[ajochems]

Now the market was increased in a short period.Nearly 7.5 percentage of the bitcoin price was recovered very shortly.Even now it’s better to inverse your money.When the price of bitcoin was back to 40k dollars.It will be huge profit for all the investment.So don’t delay to inverse on the trusted coin.The trusted coin will be the best move for now.Many cricketers also had their investment in bitcoin.

[Ultegra134]

Now the market was increased in a short period.Nearly 7.5 percentage of the bitcoin price was recovered very shortly.Even now it’s better to inverse your money.When the price of bitcoin was back to 40k dollars.It will be huge profit for all the investment.So don’t delay to inverse on the trusted coin.The trusted coin will be the best move for now.Many cricketers also had their investment in bitcoin.

Hold your horses, don't get too excited, Bitcoin barely noticed a $2.500 difference in price and is currently showing signs of downtrend. The market is way too uncertain now, I'd advise making any purchases with extremely caution, while patience is the key to a successful trade. Bitcoin could easily be susceptible to another fall, since the Luna and UST incident didn't really help cryptocurrencies, thus, I wouldn't be surprised if it went below $27.000 in the next few days.

[Gyfts]

In other words, invest only what you can afford to lose.

To sum it up--"Buy when the price is low and sell when the price is high, BUT invest only what you can afford to lose."

It may not guarantee a profit but it can help cut down loss when the bear attacks.

I wish the folks that got burned in the UST/Luna fiasco would have perhaps waited for a moment and accessed the risk of what they were doing by following your advice. I'd also add -- the price charts don't have to show immediate volatility in order for there to be an incurred risk that's disproportional to any potential gains. You could be sitting on a bubble that's been stable in it's inflation until an immediate pop sends the market tumbling. Generally there are signs when growth is unstainable, but it's not always in the numbers. Need to use your head sometimes.

[carlfebz2]

Now the market was increased in a short period.Nearly 7.5 percentage of the bitcoin price was recovered very shortly.Even now it’s better to inverse your money.When the price of bitcoin was back to 40k dollars.It will be huge profit for all the investment.So don’t delay to inverse on the trusted coin.The trusted coin will be the best move for now.Many cricketers also had their investment in bitcoin.

Hold your horses, don't get too excited, Bitcoin barely noticed a $2.500 difference in price and is currently showing signs of downtrend. The market is way too uncertain now, I'd advise making any purchases with extremely caution, while patience is the key to a successful trade. Bitcoin could easily be susceptible to another fall, since the Luna and UST incident didn't really help cryptocurrencies, thus, I wouldn't be surprised if it went below $27.000 in the next few days.

If we do based up with some technicals then it is really still on that downtrend and having this slight increase might be the start of recovery or u turn of the market trend or simply a buyback from people or investor

but if you dont mind on entering on what ever price it would be then it would really be your choice because we do have different goals or plans towards our investment.

It cant be avoided that doubts and hesitance would be there and this is where risk management level or risk taking matter on each person.

[kaya11]

We've been told to buy when the price is low and sell when the price is high. This is pretty much the thumb rule in trading.

But that is not without conditions. It isn't absolute. It doesn't always guarantee profit.

Let us not forget the RISK. And risk correlates with volatility. High volatility means high risk. And since the crypto market is a volatile market, the risk is higher here than in the stock or FX market.

So, the "buy=low, sell=high" strategy only works when you successfully manage the risk.

You can do that by:

1. Investing less than 5% of your total portfolio in crypto
2. Prioritizing other aspects of your finances ahead of investing in crypto
       - emergency fund
       - retirement savings
       - high-interest debt payment

In other words, invest only what you can afford to lose.

To sum it up--"Buy when the price is low and sell when the price is high, BUT invest only what you can afford to lose."

It may not guarantee a profit but it can help cut down loss when the bear attacks.

That is the normal way to do, and if anybody or all of us does that, guess what would happen. It seems that we have already know what will happen to the price, we have predicted it but no. We cannot surely know so if you wanna become rich in this you gotta make risk. That is what makes us different from the rich because we are afraid to take it. Yes we do need that emergency funds, retirement savings etc etc. However what is the reason you came here in the first place? It is to find fortune in here, knowing there is a huge risk, and if you won't take it, it the same as you were back when you did not know anything of this.

[gantez]

If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

[Issa56]

If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.

[Sterbens]

Well, we've heard this kind of trading advice a thousand times everywhere, in articles, youtube videos and more everything you say is not that different. That's ideal, but let's talk individual to individual, and each head has a different instinct for thinking, a different emotional level and a different pressing need. Therefore, most of the crypto trading ideals you say are just some kind of dream that most crypto traders hope for.

[el kaka22]

It doesn't really require that much to find the good balance between the two, it will not be impossible to do it, but it will not be difficult neither. If you buy bitcoin at low, and sell it at high you will be doing good. Managing risk means that if you do it on Luna, or some other smaller ones that doesn't have a guaranteed situation then it will be difficult of course.

So, when you are doing "buy low, sell high" just make sure that you are doing with the good ones and not the bad ones. BTC, ETH, BNB all of these are fine for buying low and selling high, which you can do frequently inside one year and shouldn't be a problem because they go up and down constantly.

[Ultegra134]

Now the market was increased in a short period.Nearly 7.5 percentage of the bitcoin price was recovered very shortly.Even now it’s better to inverse your money.When the price of bitcoin was back to 40k dollars.It will be huge profit for all the investment.So don’t delay to inverse on the trusted coin.The trusted coin will be the best move for now.Many cricketers also had their investment in bitcoin.

Hold your horses, don't get too excited, Bitcoin barely noticed a $2.500 difference in price and is currently showing signs of downtrend. The market is way too uncertain now, I'd advise making any purchases with extremely caution, while patience is the key to a successful trade. Bitcoin could easily be susceptible to another fall, since the Luna and UST incident didn't really help cryptocurrencies, thus, I wouldn't be surprised if it went below $27.000 in the next few days.

If we do based up with some technicals then it is really still on that downtrend and having this slight increase might be the start of recovery or u turn of the market trend or simply a buyback from people or investor

but if you dont mind on entering on what ever price it would be then it would really be your choice because we do have different goals or plans towards our investment.

It cant be avoided that doubts and hesitance would be there and this is where risk management level or risk taking matter on each person.

At the moment, the least possible scenario is the recovery. The market is a complete mess due to the Terra incident, which has caused great uncertainty throughout investors. Everyone is skeptical at the moment and it's extremely likely that it will take quite long to recover at a healthy level.

The main reason I'm being skeptical is because I believe that we haven't reached the bottom yet, my prediction is that the scenario of Bitcoin crashing down to $25.000-$26.000 is highly probable.

[Oilacris]

If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.

Pretty basic but once you do step your foot into the market then you would really be finding out that this isnt something that easy could be dealt with.Invest on the money which you can afford to lose

because you wont really be that stressing or freaking out yourself whenever you do see that the market is plummeting thats the the main difference into those investors who do mind much
or being too positive towards the market because we know that its volatile and dumps or plummeting situation like this is very common.

[nur rochid]

If we keep singing the buy low and sell high song, it can deceive many because nobody knows when is low or to what area is low a good place to buy where is really low enough is a question to answer. Yesterday the price come low and some waiting for more lower today but it didn't see it. Another low may come again and few taking the chance , more waiting outside for more lows. The low should come in a graph like technically analysis for good follow up.

I think the main reason why newbies lose in Cryptocurrency is idea of buying low and selling high, most of them don't don't know anything about crypto, they think crypto is all about just buying when the price is low and selling when the price is high. To me I believe crypto is more than you just buying when the price is low and selling when the price is high, we should learn how to do some fundamental analysis, when to buy the coin when to sell the best coin you should buy and other things.

Pretty basic but once you do step your foot into the market then you would really be finding out that this isnt something that easy could be dealt with.Invest on the money which you can afford to lose

because you wont really be that stressing or freaking out yourself whenever you do see that the market is plummeting thats the the main difference into those investors who do mind much
or being too positive towards the market because we know that its volatile and dumps or plummeting situation like this is very common.

even though the price is low, it is still even lower, and we must understand support and resistance or other ways to determine a good price to buy and sell. If we don't know this basic principle, I think that there is only greed and impatience to immediately enter the market because of Fomo, if that's the case I don't think luck will always be on our side, and in the end we will lose when the market crashes without anyone guessing.

[glendall]

Why do you have to wait so long if within 1 hour you've already made a profit for shitcoin, if it's under my management because I'm not the type of person who keeps trading for a long time.
but I don't deny that the strategy you provide is also good and I use it
risk will always exist in all investments, the difference is the level of risk that will occur and how do we minimize that risk in my opinion

[Mometaskers]

LOL I almost thought you're going to say don't buy coz it'll be dropping even lower in a bit.

What you've mentioned are all pretty standard knowledge when making investments, especially with crypto. As for the price, if you're unfazed by the current state you may indeed wait for lower.

And also, once you've committed stick to it. One of the common ways people lose money is going all-in and then pulling out when they see a drop.

[Taskford]

Why do you have to wait so long if within 1 hour you've already made a profit for shitcoin, if it's under my management because I'm not the type of person who keeps trading for a long time.
but I don't deny that the strategy you provide is also good and I use it
risk will always exist in all investments, the difference is the level of risk that will occur and how do we minimize that risk in my opinion

Waiting to long is so crazy decision to made by trader because we know crypto market is totally fast moving this is why we need to take action according to how market move in a day because if we wait to long we might be in position which the coin we are monitoring is pumping up and instead we earn we end up getting FOMO then lose our money for bad decision we made. High risk high reward traders should think about this but people also need to be more careful since we know crypto market is so unpredictable.

[stepwilli]

I agree to only invest with money you can afford to reduce the risk involved.
You can invest in any coin but always keep those limits in mind so that if you lose, you won't regret it too much.
Also, don't invest in unknown coins because that can give you a risk that you yourself will never know how big the risk is.
If you invest in bitcoin, even if the price fluctuates, there will be an opportunity for bitcoin price to increase again.
But it will all come back to the results of your analysis so you will know what you will invest in later.

The first line of your message is legit and a must to follow because if we look around us many people right now are planning to end their lives because of the losses that they in cure. They despair too much which only shows that they invest money that they can't afford to lose and what is worst with that is maybe they borrow the money from someone else.

Investing on any coin seems not okay to me. Have you heard the news about luna and how it dumped too much. If only those people choose their investments wisely, they won't going to end up like this. Most cryptos are dumping too but they are no real issues with them and they can always recover once the bear is over.