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Author Topic: The green shouldn't always be the reason to enter the market  (Read 759 times)
bittraffic
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June 22, 2023, 05:22:54 AM
 #21

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.

Last week some traders analyzed the market will go down to $21k which obviously didn't happen. Traders look at the chart with all possibilities that worse could happen. This analysis made people stopped from buying coins at low prices. If they did, they'd be swimming with their money.

My reason is that I have no money left to invest. I was holding my coins for weeks. And some of these coins are in casino wallet. Yeep not exactly the kind of investor that will hold on a custodial wallet.  Grin


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June 22, 2023, 06:29:35 AM
 #22

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.

I wanted to enter the market last week when there was red candle everywhere but later got discouraged as I thought we might experience more dumping and I didn't have enough cash on me to buy now and buy again if the price dropped so I decided to wait. This week has brought green candles to the market and everything is green again which tempted me to fomo into the market but I held myself.

Instead of to fomo into the market when it just turned green, you should wait for a correction then enter the market. Bitcoin just retested $30k and it isn't holding strong which means the price might fall below $30k again and when that happens the market would go red again.

R


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June 22, 2023, 09:01:57 AM
 #23

They are not traders if they don't know when to enter the market. A pro trader makes money from each and every move. No matter if it's a green candle or a red candle. This is the life of a day trader. Of course, sometimes they liquidate their money too. But, pro traders do not wait only for green. They can make a profit from the bear market as well. Whoever rushes into the market when they see it's green and keeps accumulating are newbies.

Either they have heard about Bitcoin or crypto from social media or some of their friends and want to make easy money. But, if they spend enough time on the market and lose some money. They will learn from it eventually.

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June 22, 2023, 10:16:12 AM
 #24

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.

   -  In short, there are still many people in this era that when they see that crypto values increase, they decide to buy, but when the price is low, they don't pay attention and don't care.

And the only people who make these styles are the people who believe in "To see is to Believe" And for sure the bull run in bitcoin is happening, many people around the world already on the day when the Bitcoin price is high they will buy it when it is too expensive.

But for those who know, for sure right now they are preparing and saving that they think will provide a good profit in the future.

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June 22, 2023, 10:50:58 AM
 #25

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.
The point is in this final paragraph.
Determining when the right time is basically not that difficult if traders are never absent from monitoring market movements.
Active traders can take advantage of any type of chart color. When the red is in progress, they can make it time to buy and hold until the color turns green from red.
That situation just happened and traders started to widen their smiles and in the current situation they would prepare for a new scenario.

R


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June 22, 2023, 11:28:12 AM
 #26

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.
The point is in this final paragraph.
Determining when the right time is basically not that difficult if traders are never absent from monitoring market movements.
Active traders can take advantage of any type of chart color. When the red is in progress, they can make it time to buy and hold until the color turns green from red.
That situation just happened and traders started to widen their smiles and in the current situation they would prepare for a new scenario.
It is important for traders to be active in following market movements,
because that way it will help in terms of making the right decision even though it's not a guarantee,
but every trader has his own decision regarding it.

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June 22, 2023, 11:28:26 AM
 #27

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.

This is a matter of psychology and self-control as well. After all, when it gets low, sometimes we think that it can still go down and a little more and a little more .. And then it rises and we try to catch a spaceship that is about to take off, but it was not going to take off
And if a trader knows when the right time is to enter the market, then this is a good trader and it didn't come to him immediately, but through the result of many mistakes and loss of money. Even with great experience, it is not always easy to know when to enter the market. This timing question will always be one of the most difficult
And the signals are a separate issue. They must be taken into account, but you should not rely - I agree with you

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June 22, 2023, 01:14:57 PM
 #28

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.

Not necessarily. The thing is you also have to be lucky, as in picking the right coin to go in during a bloodbath, and picking the right time. Bloodbaths can be very tricky, you either pick a coin that'll never recover, or pick a time that will only go down more and more and never to recover past a certain line.

I'm proof of that. I bought a lot of coins in 2017, thinking 50% bloodbath was good. Most of those coins went on to lose more and more, 50%, followed by another 50% and so on. If you only bought BTC and ETH you would be fine but I entered as a noob and bought sooo many shitcoins, mostly died. Some never recovered to even 5% of ATH.

Beware entering the dip Smiley

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June 22, 2023, 04:33:43 PM
 #29

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.

that's right, green isn't always good to enter and red isn't always bad to enter. sometimes when the market is green, especially in market conditions like today, it's just a small wave, it will come back to red a few moments later. it's best to make short trades at this time, but only a small percentage of traders are able to profit doing so.

and when the market is red, it's pretty good to enter this position, especially if you buy regularly, because the possibility for a trader to be able to profit when the market returns to green will be very large. even though it is quite risky, because the potential for the market to go down is quite high, but many traders have tried techniques like this and most of them have been able to make a profit.


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June 22, 2023, 04:59:12 PM
 #30

It’s normal tendency of common people that, when they see something green, the gain more interest in it. When they see something in red, they think and analyse about that a lot. Similar thing also happens here, during bear market, most of the coins are red, so a normal trader fears that, if he buy the coins now, then the price will go more down and hence he will face losses. On the other hand, when he sees, the price is going up, they find opportunity here thinking price will continue growing like this. They fail to anticipate the market correctly, hence bear unavoidable losses later on.

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June 22, 2023, 05:54:31 PM
 #31

This is a matter of psychology and self-control as well. After all, when it gets low, sometimes we think that it can still go down and a little more and a little more .. And then it rises and we try to catch a spaceship that is about to take off, but it was not going to take off
And if a trader knows when the right time is to enter the market, then this is a good trader and it didn't come to him immediately, but through the result of many mistakes and loss of money. Even with great experience, it is not always easy to know when to enter the market. This timing question will always be one of the most difficult
And the signals are a separate issue. They must be taken into account, but you should not rely - I agree with you
Well, that's why I enter when it is going down, not wait for it to go down more because I will buy again later on anyway, whenever I get my hands on some money I will buy bitcoin. This is why there is no need to wait, mainly every time I get paid, I end up getting my salary and when I get my salary I buy bitcoin with it, well not all of it but some of it.

This means that I may buy at the bottom (thankfully this month I did) and I may buy up, but if I buy up today, I may buy bottom tomorrow. That's why I am usually not worried about it, that's not a problem for me. I think it is quite important to remember that we could keep having some sort of results that change things in the end, I think that's a lot better and more important to do it that way.

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June 22, 2023, 06:41:25 PM
 #32

The mindset of most traders is that they think it is too risky to buy when the market is bloody, hence they wait for the market to turn bullish before entry, is risky though but that is where the market gives you the best reward, I love buying when the market is red because I have seen the benefit, you get the best profit in the risk side. Emotion is one problem with traders that loves buying in the green market.

R


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June 22, 2023, 06:59:24 PM
 #33

This is a matter of psychology and self-control as well. After all, when it gets low, sometimes we think that it can still go down and a little more and a little more .. And then it rises and we try to catch a spaceship that is about to take off, but it was not going to take off
And if a trader knows when the right time is to enter the market, then this is a good trader and it didn't come to him immediately, but through the result of many mistakes and loss of money. Even with great experience, it is not always easy to know when to enter the market. This timing question will always be one of the most difficult
And the signals are a separate issue. They must be taken into account, but you should not rely - I agree with you
Well, that's why I enter when it is going down, not wait for it to go down more because I will buy again later on anyway, whenever I get my hands on some money I will buy bitcoin. This is why there is no need to wait, mainly every time I get paid, I end up getting my salary and when I get my salary I buy bitcoin with it, well not all of it but some of it.

This means that I may buy at the bottom (thankfully this month I did) and I may buy up, but if I buy up today, I may buy bottom tomorrow. That's why I am usually not worried about it, that's not a problem for me. I think it is quite important to remember that we could keep having some sort of results that change things in the end, I think that's a lot better and more important to do it that way.
Patience or simply emotion handling is really that very crucial on these kind of times on which this would really be determining out whether you would really be that making profits or not and this would be entirely

be depending on how you do make out decisions. Entries or positioning yourself within this unpredictable market is never been easy because we know that even though it is already that red and assumed out that
it is already the bottom but still there's chances that it would really be going down even more.I do have tons of experiences about positioning yourself into the bottom because you do believe that it is already the lowest point but in the end, it do keeps on going down and this is where you would be deciding on making up some DCA.

It would really be entirely be depending on how you would really be having that kind of approach and making decisions according on actual situation on which this would determine your experience
throughout the market.

R


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June 22, 2023, 08:55:07 PM
 #34

That is how important of knowing how to read that price chart and Technical Analysis.
Because for me, the colors are just a representation that it drop or pump but must know the actual trend of the market which we can see in the price chart. If we keep relying on the colors, no wonder why we commit mistakes and losses. Indeed, we need to control our emotions and stop rushing, we need to be cautious always and create decisions once assessment has been done.

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June 22, 2023, 08:55:12 PM
 #35

According to Op's eye-catching title, my view on it is green is an alarming indicator, avoid being trapped in FOMO I would say whenever you see the market more Red continuously be fast to loot the market. Entry and exit in the crypto market or any market are as simple as " Enter when others are fearful and exit when others are greedy".

Follow the reversal formulae to be successful in trading, it almost works for everyone until you are so lucky, by luck, you can calculate what I am trying to say Hint (Reversal Order) Theory.

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June 22, 2023, 09:01:58 PM
 #36

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.

What some traders don't understand is timing of the market, as a trader who is waiting to gain something or add some profits to his wallet, the right time to make profit is to buy when the market condition is bad or even worse and they sell when everywhere is green. Smart traders exit the markets when everywhere is green, that's when you will noticed that some people open short position, it's always the best option for traders but people don't learn. I don't even know why traders would choose to buy in a greenish market when the intention is to buy and sell and not to hold but if it was for holding, then there is nothing bad in this approach, holding and been patients is the role of holding.

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June 22, 2023, 09:19:52 PM
 #37

If you are doing research before you enter the market, you should know that the best time for market entry is when the prices are red, and certainly not green. That is because you can always maximize your bitcoin accumulation when they are sale at a bargain price, unlike when you start buying them at already a high price. If you are doing the opposite way, then never expect for you to be profitable in your investment, but instead expect for a loss especially if you are not patient enough to wait for its price recovery the moment their prices have declined.

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June 22, 2023, 09:44:04 PM
 #38

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.
The point is in this final paragraph.
Determining when the right time is basically not that difficult if traders are never absent from monitoring market movements.
Active traders can take advantage of any type of chart color. When the red is in progress, they can make it time to buy and hold until the color turns green from red.
That situation just happened and traders started to widen their smiles and in the current situation they would prepare for a new scenario.
True. It’s made easier for us if we only study the market well before we decide to invest or trade, and keep tracking the history of the market as repetition of events might be possible. However, know that it’s only hard in the beginning but as soon as you become a veteran in your field, you could always make your trades successful despite of whatever the color of the market chart is.

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June 22, 2023, 09:58:47 PM
 #39

But in reality it's like this. When the market is red and the price is dropping, many people are afraid to enter the market and buy Bitcoin. While actually the price is still low and actually this is one opportunity to collect more Bitcoin at a low price, right?
However, psychologically, somehow people will be more interested in buying crypto or entering the market when the market is green. Even though we don't know after that there will be a market correction immediately or not. This should be paid attention to.

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June 22, 2023, 11:25:02 PM
 #40

technical analysis doesn't work very well for bitcoin and that's why many people are day trading forex than day trading bitcoin, in my opinion what works for bitcoin is going to buy little by little at each strong support and hold for a long time term or medium term. this issue of buying in the green or red is something that is dangerous, it is more prudent to base yourself on very strong support and buy, but also not rush to buy as soon as it touches some strong support, and you need to wait a few days, because you have to see if at the strong support the price will be stable and accumulating for some time

in order to gain momentum for another price increase even at the strongest resistance, someone already said that when the price fails to break a very strong resistance, it tends to fall a lot even to the very strong support and when the price fails to break the support very much strong it tends to go up a lot even in the very strong resistance. Anyway, I think that in this cryptocurrency market it is only profitable for people who buy and do long-term hodl and when I talk about holding long-term I mean doing hodl for more than 2 years, this is the only way to get good profits

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