The green shouldn't always be the reason to enter the market

[Hamphser]

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

You should really remove into your mind that technical analysis is really that precise or something that you could really be able to rely on from time to time. We know that this isnt something that give out assurance

that the price would be moving that way on what it had been showing.Always consider out some other options on which you would really be looking like fundamentals and other economical approach.

Dont make yourself get FOMO because this is the primary reason on why people would really be that losing money or making some negative on the time that the market would really be
making some turnbacks or corrections. Market cant really just move up forever on which it would really be that a normal approach that you would really be having that being optimistic
but being too much is really just that not realistic.

[1715274673]

1715274673

[1715274673]

1715274673

[1715274673]

1715274673

[1715274673]

1715274673

[wxa7115]

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 a market with such strong trends it seems to me it is a mistake to go against them, it is true that not every time you open a position when the price is going down will be closed down with the price at an even lower level than when you created your position, but a downward movement in the price will have the tendency to keep going on the same direction and it will be a mistake to go against it.

What you are describing would make sense if this was a market which remained within a short range and did not presented strong trends, similar to the behavior we see on many stocks.

[Mrengage]

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.

You can preach this again and again, trust me the amount of NEWBIES coming to the financial market don't  even want to seat study and practice. They see the green they BUY see the RED they sell. every newbies now is just after the bag FORGETTING the consistency of trading the market in a successful wayit could bring them.

[michellee]

Those who do not know when to enter the market will miss the best moment to buy at the lowest price. Even if it wasn't the lowest price, maybe they could still get that low price and hold it until the price increases.

When the market is getting a red candle, they can analyze market conditions to find when to enter the market. At least they got into a downside situation where they could buy it at a low price.

But most traders will enter the market when the price starts to move and get a green candle because they think the price will increase greatly in the next minute or hour. So they started buying and holding it.

[bangjoe]

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 is true, I agree with you, most of the traders in my neighborhood are always trains but they are always late, and turn red which ultimately makes them panic and make them sell that ends with losses.

The red position is quite terrible, because the average trader is afraid of storing money when the market is red, even though psychologically a treader, the red market is the time to buy, before the market returns green.

But if you can count and see the probability take advantage, both when the market is red or green, I think it's okay, and maybe it can be said that is a good thing.

snip
But most traders will enter the market when the price starts to move and get a green candle because they think the price will increase greatly in the next minute or hour. So they started buying and holding it.

Yes, that's what we often see, that most people go in when they see the green chart on the market, they will always enter and hope that prices rise continue, I think it is almost 90% of the traders like that.
But that might apply to spot trading, not for future trade.

[yudi09]

-snip-

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.

Short term traders need a lot of time to continuously monitor the price charts of the market. For most people who don't have much time to spend in front of the monitor every day, short-term trading is not a hobby.
Before going any further, the initial decision that must be made is to choose a trading pattern because short-term or long-term trading has its own pluses and minuses.

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.

In all types of work that someone will feel difficult when just starting, but it will be easy because they are used to it.
There must be a sacrifice. Yes. The sacrifice I mean is ready to experience losses when you just start trading activities. Those who are serious in this field will start with small amounts first so that the losses they will experience are also small.

[palle11]

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.

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.

If the market is green or how long to enter or stay in the market also depends on what you have as strategy. While trading we can navigate the different times and see also the candle formations and how they have also closed previously. The candle formations is important in trading including the previous close candle, the daily, weekly or monthly candle can show next trend of the market.

[irhact]

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.

Some traders has experience situation when they buy after a market crash and the market kept on crashing down instead of recovery so some of them have doubts whenever there's a crash. They wait for there to be some confirmation of the market not falling down anymore but they missed the opportunity to buy like some of us did in the last market crash before the sudden rise of the market that saw it trading above $30k.

What traders need to do is to dollar cost average because if they keep been fearful then they can't buy during a crash opportunity and will miss out of future gains. Market crash are opportunity for us to buy Bitcoin at a discount and we need to make the most of those opportunities.

[shivansps]

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.

Yes, you are averaging investments. This is just good for people who do not work in the field of cryptocurrency. Once a month, buy at the price that will be, do not wait for something to fall or rise.
If you still manage not to worry about this, as you wrote, then you have a great future in this direction. Psychology is one of the most important parts on this path.
I agree with you that stability is very important in this. Just like sticking to the chosen strategy

[Taskford]

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.

Some traders has experience situation when they buy after a market crash and the market kept on crashing down instead of recovery so some of them have doubts whenever there's a crash. They wait for there to be some confirmation of the market not falling down anymore but they missed the opportunity to buy like some of us did in the last market crash before the sudden rise of the market that saw it trading above $30k.

What traders need to do is to dollar cost average because if they keep been fearful then they can't buy during a crash opportunity and will miss out of future gains. Market crash are opportunity for us to buy Bitcoin at a discount and we need to make the most of those opportunities.

Scenarios like that happens so a trader should assure that they have extra balance yet to catch the dump to recover back his losses. But if they don't have enough funds since they are short of funds they can still do a stop loss since this could help them do buy backs and get a potential to recover once they spot the lowest point of that coin then reversal came and big recoveries starting to happen.

Market crash is really a big opportunity its just we need to maximize things so that we can earn with those situations.

[Bushdark]

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.

Everyone can not follow the same pattern always, if everyone of us follow your opinion about the market, I don't think the market is going to move because we all will be buying and selling at the same time. The different opinions we have make other investors and traders to see the market from different angles. While some are selling, others are buying creating liquidity and making the market not to be stagnant. It is good everyone of us do things in there own separate ways so that there will be trades in the market.

[AicecreaME]

Well greed is the main reason why other people force themselves not to buy when the price was low, because they are hoping it would even go lower which did not happen, so they just regret it at some point. The real thing is that nobody knows when is the right time to enter the market, we can't predict it though, so it is all about trusting your technical analysis and risk it, that's all it is.

[Fivestar4everMVP]

I very much concur with all that the op have said, but then, I still think one of the reasons why many still jump in during bull market is for some quick profit, many don't like holding coins for too long, most especially when the trader does not have any plan of supposedly tying their money down, such a trader may likely only enter into a particular coin only when the coin is showing some green moves, so as to gain some immediate profit which they can possibly cash out immediately.

[DoublerHunter]

I very much concur with all that the op have said, but then, I still think one of the reasons why many still jump in during bull market is for some quick profit, many don't like holding coins for too long, most especially when the trader does not have any plan of supposedly tying their money down, such a trader may likely only enter into a particular coin only when the coin is showing some green moves, so as to gain some immediate profit which they can possibly cash out immediately.

^Definitely right because that is because this was their instinct on making a profit in crypto.
During a bull market, many people are attracted to crypto trading with the hopes of making quick profits, they probably allure of seeing green moves, and the possibility of immediate gains can be quite enticing for some traders.
They should understand that crypto markets can be highly volatile, and relying solely on short-term price movements can be risky. Long-term investors often reap the benefits of patience and holding coins through market cycles, allowing them to potentially benefit from significant price appreciation over time, this is the mindset of the crypto enthusiast, not them.

[tbct_mt2]

During a bull market, many people are attracted to crypto trading with the hopes of making quick profits, they probably allure of seeing green moves, and the possibility of immediate gains can be quite enticing for some traders.

It is more easily to get profit in bull market if you buy bitcoin and hold it. If you trade it, you can be one of market losers who pay money to winners and help them richer.
If in a bull run, you trade with leverage and open trading position like Short Bitcoin, you will be one of losers.

So green won't bring profit if you are doing things against the market trend.

They should understand that crypto markets can be highly volatile, and relying solely on short-term price movements can be risky.

When you focus on short term trading, you increase your chance to trade against a market trend.

Long-term investors often reap the benefits of patience and holding coins through market cycles, allowing them to potentially benefit from significant price appreciation over time, this is the mindset of the crypto enthusiast, not them.

Always investors have more profit than traders and it is correct with Bitcoin. If you can hold your bitcoin, you will get rich.

[Captain Corporate]

It should rarely be the reason to enter the market. I think red is a much better reason to enter which I do all the time. I end up saving my money and then using that to invest into things that would make me a return, not just go up in price but also keep paying me, like dividends (such as staking). Which means that it could be a lot or it could be a very little thing, but to me its important than money goes up in my account all the time, for example the recent increase gave me like 60 dollars, its nothing I know, but I used that to go into the market again. So when you are handling bitcoin and investment, green is not bad reason to get in, but red is a much better reason to get in so that you could profit during the green.

[Fivestar4everMVP]

It should rarely be the reason to enter the market. I think red is a much better reason to enter which I do all the time. I end up saving my money and then using that to invest into things that would make me a return, not just go up in price but also keep paying me, like dividends (such as staking). Which means that it could be a lot or it could be a very little thing, but to me its important than money goes up in my account all the time, for example the recent increase gave me like 60 dollars, its nothing I know, but I used that to go into the market again. So when you are handling bitcoin and investment, green is not bad reason to get in, but red is a much better reason to get in so that you could profit during the green.

And fact remains that, many don't and might never see it this way, this is why there is always a lot of fomo when ever the market is green, and from an investor point of view, this is actually a good thing since it helps drive the market up even further, but then, for a trader, green will mostly be the best time to enter the market for quick profit, but as an investor, only a foolish investor will be investing the market Is going parabolic, aside some exceptional cases where the investor just discovered the coin and finds its with good potentials for future profit, and decides to hop in even at that time the coin is Goin up in price.

[taufik123]

It should rarely be the reason to enter the market. I think red is a much better reason to enter which I do all the time. I end up saving my money and then using that to invest into things that would make me a return, not just go up in price but also keep paying me, like dividends (such as staking). Which means that it could be a lot or it could be a very little thing, but to me its important than money goes up in my account all the time, for example the recent increase gave me like 60 dollars, its nothing I know, but I used that to go into the market again. So when you are handling bitcoin and investment, green is not bad reason to get in, but red is a much better reason to get in so that you could profit during the green.

But for whatever reason a Red that breaks the support would be better.
Buying is not just buying, but paying attention to where the price stops.
It is not easy to determine whether to enter or still wait, because of several considerations.

But while you enter Bitcoin it will be safer for any condition as long as you understand where you enter and exit.

Making dividends or staking some of your assets is good enough for passive income. You have to choose a really safe platform for staking.

[Unbunplease]

It should rarely be the reason to enter the market. I think red is a much better reason to enter which I do all the time. I end up saving my money and then using that to invest into things that would make me a return, not just go up in price but also keep paying me, like dividends (such as staking). Which means that it could be a lot or it could be a very little thing, but to me its important than money goes up in my account all the time, for example the recent increase gave me like 60 dollars, its nothing I know, but I used that to go into the market again. So when you are handling bitcoin and investment, green is not bad reason to get in, but red is a much better reason to get in so that you could profit during the green.

Yes, a green light can mean that it will soon turn red and you will make your investment at the very peak of the price. That's why you should pay as little attention to color as possible to enter the market. More attention should be paid to analyzing where you want to invest. The main thing is to take your time.

[Fivestar4everMVP]

It should rarely be the reason to enter the market. I think red is a much better reason to enter which I do all the time. I end up saving my money and then using that to invest into things that would make me a return, not just go up in price but also keep paying me, like dividends (such as staking). Which means that it could be a lot or it could be a very little thing, but to me its important than money goes up in my account all the time, for example the recent increase gave me like 60 dollars, its nothing I know, but I used that to go into the market again. So when you are handling bitcoin and investment, green is not bad reason to get in, but red is a much better reason to get in so that you could profit during the green.

Yes, a green light can mean that it will soon turn red and you will make your investment at the very peak of the price. That's why you should pay as little attention to color as possible to enter the market. More attention should be paid to analyzing where you want to invest. The main thing is to take your time.

I think before coming up with such an exact conclusion, we should lay emphasis on trading and investing, they are two different things, like I've said on my previous comment, as a trader and an investor, green is mostly the time that traders make some quick and easy profit, as a trader, while the market is green, you could buy in one minute and sell for profit In the next minute, or open a position in one minute and in the next minute, you are already deciding whether to close it because you are already in profit.

But for the investor, sure it is that the worst time for an investor to enter the market is when it's green, this is why it's commonly said to be greedy when others are fearful(means be buying when others are selling) and be fearful when others are greedy(means be selling when others are buying).