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Author Topic: The green shouldn't always be the reason to enter the market  (Read 759 times)
Y3shot (OP)
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June 21, 2023, 12:06:47 PM
 #1

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.

One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.

Sometimes when the market is red it can also be a good time to enter the market if carefully watched.  Not all green ends up with profit and not all red ends with loss too.
Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal.  Signals are unprecedented and may change faster than it's expected.

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June 21, 2023, 12:32:44 PM
 #2

Totally agreed, when I was new to trading I also thought to buy when the up spikes are just started but fortunately one of my friend told me not to follow your this sentiment because it is a greedy sentiment which will always end you up with nothing. So I just follow his advice even till now.

Now, after analyzing the market, I was sure that once the $27k resistance will be broke, then BTC could easily reach above $28k plus there were many sentiments are in favor of crypto. I was expecting this boom in market previous week but previous week market went into correction and touched 24,900$ well, that was a good time though and many big investors from USA bought many shares of MicroS strategy which is equals to indirectly buying of BTC.

The point is, currently I do have 90% surety that market might touch 29,500$ if something more positive came up like the new EDX exchange proposal by USA and other market sentiments will keep this spike up maybe it touches 29,500$ after a little correction. Let's see what happened next.

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June 21, 2023, 01:28:08 PM
 #3


One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision.


Not always. Green is the best time but if you can identify the end of red to the beginning of green then you are good to go. The indicator that can determine this I think it is RSI because with RSI you can determine overbought or oversold thereby making your decision. Also you can use MA to support RSI on that.


Going into the market when it is green is just greedy sentiment for trading.


How? When the market is green, that is suppose to be the right time for possible profit if you do your research. What matters is how long the green will last before the red appear. Of course there are different timeframe, 1 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, Week and months. So depending on the time you are trading, the longer the time the better the chances.
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June 21, 2023, 01:33:16 PM
 #4

One of the challenges of some traders is that they don't know when is the right time to enter the market.
When is correlated with your position, Buy or Sell, Long or Short. The market operates 24/7 and there are buyers and sellers who interact with each other through exchanges. A wrong position of trader A can give a good chance to earn profit to Trader B. If buyers are wrong, sellers are right and vice versa.

Quote
Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision.
Red or Green, it is perfect for entry but depends on what position you will open.

Quote
Going into the market when it is green is just greedy sentiment for trading.
All traders are greed because they chase profit but if the majority of traders are greedy with Green candles, they are buying and longing, if you are calm enough and smell like the market will turn over soon, you can sell your bitcoin or open a short position.

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June 21, 2023, 02:08:42 PM
 #5




Going into the market when it is green is just greedy sentiment for trading.


How? When the market is green, that is suppose to be the right time for possible profit if you do your research.
I was supposed to say if when the market is green could be only the reason to enter the market can't be right at all time.
Quote

What matters is how long the green will last before the red appear. Of course there are different timeframe, 1 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, Week and months. So depending on the time you are trading, the longer the time the better the chances.
Trying to know how long the time will last to get things right  is what I'm talking about.

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June 21, 2023, 02:15:25 PM
 #6

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.
when their is red in the market, most people will be scared and will be expecting more dump from the market, but immediately the market start recovering everyone will start entering the market again thinking the dump is over, but sometimes the market will be green but their wont be any serious increase in prices of coin and after some moment the market will dump again, and you are already in the market already.

One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.
some traders most especially newbies don't do analyses before entering the market, they don't really know the appropriate time to enter the market, all what they follow is the market color, when its green they believe that's the best time to enter and when its red they believe that's the best time to leave, but not all green is the sign of bullish moment.

Sometimes when the market is red it can also be a good time to enter the market if carefully watched.  Not all green ends up with profit and not all red ends with loss too.
Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal.  Signals are unprecedented and may change faster than it's expected.
Also why do you have to wait for market to be green before entering the market, when the market is red which is the appropriate time to enter, but you didn't enter but the market start turning green you think its the best time to enter. when the market is red, you are suppose to enter the market and wait for when the market is green so that you can sell and leave the market.

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June 21, 2023, 02:35:14 PM
 #7

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.

There could be many reasons to why some don't buy when the market was low such as maybe they were not being informed or maybe they lack much financial help to make an investment at that particular period of time, we can see that there are many factors which could serve the reason since not everyone has the same opportunity as others has to be among the early birds for adoption or investment with the use of bitcoin.

One of the challenges of some traders is that they don't know when is the right time to enter the market.

I don't think any experienced trader will have this as a challenge because they would have been so used to the whole system except for the newbies in trading bitcoin, who will have to go through the normal procedures of learning on the right timing to buy or sell bitcoin with respect to the market.

 
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June 21, 2023, 03:08:12 PM
 #8

The basic principle of trading is clear, buy on red sell on green. There is no disclaimer on this for the spot market. It's just that many people delay entering the market because they generally expect prices to be as close as possible to the bottom price of the current trend.
An important note, it is almost impossible for someone to make maximum profit on the bounce (buy lowest, sell highest), so stop chasing it.

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June 21, 2023, 03:31:55 PM
 #9

10000% agree trading is a risky business and controlling emotion is also part of the trading itself. Because it happens to almost every trader I think cant control emotion will lead to fear or greed.

Know how to take profit know how to stop losses. and there is no need to rush some trader said you are late entry but believe me there is always other option and other entry level

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June 21, 2023, 08:20:12 PM
 #10

Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal.  Signals are unprecedented and may change faster than it's expected.
That's why we need to learn about technical analysis for proper trading. Sometimes we see a bulltrap in the market and many users enter the market at that time by doing emotional trading. We have to wait for the best time and must focus on chart, if you see a good support level and a stable price then you can enter in the market.
Always we must remember that we must be aware from FOMO, FUD and emotional trading. And should never trade against the trend. It's better to put a stop loss from a little bit lower level of Support Zone.
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June 21, 2023, 08:37:42 PM
 #11

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.

One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.

Sometimes when the market is red it can also be a good time to enter the market if carefully watched.  Not all green ends up with profit and not all red ends with loss too.
Traders needs to learn when is the right time to enter the market and not to judge when to enter with a particular signal.  Signals are unprecedented and may change faster than it's expected.
Right time is on the time that we are seeing reds but you cant blame out people on why they had missed on doing so? It is just because on the time that we are really that dealing up with a bear market or something that we called that the price is really that too low, then we would be thinking that the market might even dropped even more on which means that there are two things on which i do really believe on, on why
people do miss out on buying coins on these best time.

1. Fear,anxiety,hesitance and other correlated emotion
2. Trying to chase the bottom

This is why. on the time that we do see greens then this is where we do really decide on accumulating on which it is really that something not that right.
You should have done it earlier where the price are still low and not on the time that on increased pace.

R


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June 21, 2023, 08:58:26 PM
 #12

If you are a good trader, you will know that entering the market while it’s bloody would always be the perfect timing. Stick to what is the basic, buy when the price is low and sell when it’s high. However, let’s say for veteran traders, regardless of how the market behaves whether it’s bearish or bullish, they will always find ways to enter the market and end up profiting. That’s how powerful experiences are, since they have vast experiences when trading, even the worst scenarios in the market will still be overcome by them.

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June 21, 2023, 09:09:19 PM
 #13

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.
This could be a trap so I also suggest not to get hyped and focus on your analysis.
There are indicators that says the current pump is not that strong so there’s still a possibility for another drop. If you are rushing into the market right now without having any analysis, then expect that you can lose that money. Bear market is still the best time to buy, and we are still on that level so continue to analyze and buy if you see an opportunity to buy cheaper.

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June 21, 2023, 09:13:53 PM
 #14

Seeing the prices in low are certainly the best days to enter the market. That way, you can maximize your purchase and increase the amount in your portfolio knowing the lower the price you buy, the bigger amount of bitcoin you will own. That’s the basic when you are starting to invest and plan to trade. But I just think some are just more encouraged to buy when prices are high, maybe because they think the price will continue to surge high so they immediately buy hoping they will instantly make profits from that. Well, some may be taking profits but as far as I know, most of them have lose and were not able to recover their capital since after they bought, prices have immediately dropped low and have no clear targets when they will start to recover.

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June 21, 2023, 09:48:29 PM
 #15

This is the usual scenario, when the price is pumping many are rushing to buy and when the price is dumping many are panicking but if you know what you are doing, you prefer more to buy during the dump market.

Don’t rush for now, it will not jump high easily and there’s still time to analyze, so have a plan and make sure to have a good on stating on when to buy and sell.
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June 21, 2023, 09:49:55 PM
 #16

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.

FOMO will let people to be controlled by their emotions, that’s just the fact about this.

Quote
One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.

Greediness is a powerful disease in every mind and it’s a great challenge for every trader to overcome in order to excel well in the market. To me, when the market is showing a red line, it signifies for you to buy and accumulate more and also not the right time for one to exit the market. The green sign only depicts that you try and earn maximum profit as a short time trader before it turns red. And it is also not a good sign to buy, it might just be hype and it won’t last long. The fall might be greater than the rise, and will affect badly most especially the short time investors.

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June 21, 2023, 10:13:41 PM
 #17

I was supposed to say if when the market is green could be only the reason to enter the market can't be right at all time.
I have seen people that does this strategy. They're only becoming active to the market again if they see that the situation is better for the market and it's on green.

Instead of taking moments and advantage of the bearish seasons, they don't like that because they feel that the market is gonna be upset and will fail.

Those that have experience on this market and had stayed for a long time understands the essence why people are telling everyone to buy when it's not green or when it's red. That's the best time to accumulate.

People that do FOMO whenever we see the trend changes and it becomes positive, they may take profit in the short term but most likely those that have lesser patience and tolerance will keep on doing the same mistakes.
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June 21, 2023, 11:46:44 PM
 #18

One of the challenges of some traders is that they don't know when is the right time to enter the market.  Some traders feels when the market is red it is always a wrong time to get into the market to trade. If the green should only be considered as the best time to enter the market, I think it won't always be a right decision. Going into the market when it is green is just greedy sentiment for trading.
To be honest, when I first started investing in cryptocurrency, my emotions told me to buy when the price was rising since it appeared to be rising further. But, unfortunately, when you buy while the price is already up, there is a high risk that the price will fall down below your purchase price. However, this does not imply that you must buy while the price is falling; in fact, this is a bad idea as well. According to my observations in the market, the optimum time to buy is when the weakness of the red candlesticks begins to show up or when the candlesticks begin to sideways.

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June 22, 2023, 12:45:57 AM
 #19

What stopped you when the price was low? don't let the sudden increase make you rush into the market- learn to control your emotions.
(....)
Traders must also learn how to short the market because if you still don't know OP, you can make profits even if the market is dumping, this is when you predict the market will dump.

So for me, if you are a good or profitable trader, bear market or bull market, you must make profits. Green or red candles must not be the reason. You just need to be patient. And another thing is always thinking that not all the time is good to trade.

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June 22, 2023, 04:46:28 AM
 #20

Always had opposite belief, red is good time to enter, if there is bloodbath it's even more so, like the recent one, who purchased in it would be in profit today.

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