ancafe
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March 06, 2024, 02:35:34 AM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
Basically it is not a problem when people try to buy bitcoin at any price, but it becomes a problem when you have small capital available but try to accumulate purchases at a high price. This is talking about middle to upper class investors or those who are just starting out investing because if big investors buy at any price it doesn't get them into big trouble. Another mistake is trying to sell during a price reduction and this is caused by panic due to not having complete knowledge of Bitcoin's journey. That's why anyone needs knowledge before investing because if they take the wrong action it will result in big losses. I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
That means you are also not confident in your own abilities and you should have your own analysis without having to consider other people's opinions too much. Each person must have their own analytical skills before making a decision and if you depend on other people then you accept the risk as now.
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Smack That Ace
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Free Free Palestine
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March 06, 2024, 03:36:42 AM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops.
It is possible action with Spot market but it is impossible for people who join Margin and Futures trading, they can not proactively sell and most of them got forced liquidations. Price crashes because of forced liquidations from exchanges, not by proactively selling of traders. But I want to ask how do we know when the market will fall and will it continue to fall or will it then bounce back? If we are talking about holding then the best way is DCA, don't use spot with the intention of trying to buy low and sell high to increase the number of coins held. In my opinion, if you decide to become a holder, you should only use DCA and sell when the price reaches the target. In my opinion, if you decide to become a holder, you should only use DCA and sell when the price reaches the target, don't try to be better than the market makers. Like what is happening, bitcoin is falling in price after surpassing its old ATH of 69k$ and is trading at 62k$. So can someone tell me whether bitcoin will increase or decrease in the coming days? We can all make money from it and then we will again get it up together!
True but again it is only possible if you don't use Leverages, don't use Futures for your trading. If you control risk well, by don't using them, you will be able to cut loss, buy back and get profit from price bounce. I consider bitcoin a financial market so I will not agree that there will be a situation where everyone can win because money does not create itself, it moves from the hands of the weak to the strong, from greedy fools to those who smart. Only the strong can make money in this market.
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Hewlet
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March 06, 2024, 03:56:45 AM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
don't you think that you are making things look too complex that normally shouldn't be complex? Over studying the market to find a perfect entry and selling point would give you restlessness and losses in the long run. Why not buy when the market is at it DIP and HODL till it gets bullish to a convenient selling point were you can decide to sell it or not? I know sometimes you might not have all the resources necessary to to go into long term holding but over relying on predictions seems like gambling to me and I guess this is the reason why you're facing issues with your speculation not coming out as planned.
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kotajikikox
Full Member
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March 06, 2024, 04:07:47 AM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
you should know that you must lose so those who you call smarts will earn and that is the cycle of market and also you must know that this is investment and there is no complete uptrend here , if you want to earn better then you must HODL and don't expect an easy money here . I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
Wow.... You should -for now at least-, consider to read a little bit more and to invest a little bit less perhaps... maybe now he learned His lesson and will study market first before dealing with.
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Sebas.tian
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March 06, 2024, 04:10:04 AM |
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Don't forget that traders have different strategy they are using to earn income from the market, but if your strategy is not favouring you at the moment, you have the right to switch to the favourable strategy that will be bringing income to you when you trade your Bitcoin. It will be better if you can settle down to understand professional traders in the market very well, so that you can learn some new things from them that will make you a good trader that will know when to purchase Bitcoin to make a huge amount of income in the future. If you are waiting for bearish seasons, I think you can experience that next year because the bullish season will pump through out this year but you can use next year to purchase coins any amount you want and hold.
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bettercrypto
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March 06, 2024, 07:56:16 AM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
If the price of bitcoin goes down right now, it is because there is a correction or retracement that is happening; no one really knows how far the correction will be shown in the market. And there is a difference in how long or short positions traders will take. This is the scenario where traders should be sensitive to the movement of the value of the coin they are trading, or else they might be left behind and unable to keep up or follow. And there are still many communities that, when the price goes down, buy it because it's expensive. You know what it means.
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Faisal2202
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March 06, 2024, 02:29:09 PM |
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BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
Unfortunately, you can't kick anyone, because you don't know who is selling or buying at the wrong time, due to anonymity and privacy concerns I hope you already know that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And there could be many reasons for those smart people to not to sell at the time of selling and buying at that time, which according to your POV is the opposite. Well, what I am trying to say here is that they might be buying just to hold for a longer period of time. And they don't care about the current price of BTC. Their plans are to hold it for another year and book profits when BTC makes a new ATH, of around $150k or less. I suggest you to control your emotions because it is not necessary that the way you see market, every other person should see. Every one have their own POVs and ideas about market and they do analysis accordingly. I suggest you to not blame other for your loss. Instaed try to be extra smart and a step ahead of these smart people in order to make profit (next time).
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traderethereum
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March 06, 2024, 03:05:14 PM |
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Well, that's exactly what people who don't do analysis do when they want to trade. They tend to keep waiting for a higher price before they sell. But what they want will not always come true because the market will move anywhere without them knowing. If they can't know when they should buy and sell, they will have difficulty making a profit and it will only make them sell at a loss. The best advice is not to be too greedy in taking profits. You can sell and take the profits if you see bigger profits. We must be wise in responding to what is happening in the market so that we adapt well.
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Hamphser
Sr. Member
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March 06, 2024, 03:59:15 PM |
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You have to understand that you're winning because someone is losing on the other end of this world. This is the market and we're all involved in this. And you can dictate what people will do, if they feel that they should buy at the peak, they'd do that. Before, there have been many that did that mistake and even til' now and on the next cycles, there will still be people that would do that. So, if you don't understand them, just mind your thing and keep repeating what you've been doing profitably.
This is right and you should really be having those kind of realizations at least on how this market works. We do know that whenever we do make money or profits then there are those people who had lost up their money on the other side and just be grateful that you did make out such good decision on which it did really result into profits. Dont mind about other people about on how they do make out such approach towards the market on where they would really be doing the opposite on what are the things that supposed to be approached. If it turns out that they are doing the opposite then just let them be. Selling when prices get that correction or decrease and buying up when that green candle stood strong. Then this is really be a very basic human being approach and behavior. They would really be doing such things because we do know that each one of us does have that kind of mindset and approach on things.
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TheUltraElite
Legendary
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So anyway, I applied as a merit source :)
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March 06, 2024, 04:08:46 PM |
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Best you can kick is your own computer and that is a poor thing to kick because you would need to buy a new one. I say dont give any attention to the ones who buy at the top, there will be some people who do this and then complain through out the entire bear market cycle and probably exit at a loss, calling crypto a scam. Its a common notion and you cannot cure this "disease" on your own even by your "Board-certified Kicks" ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Rather sell at the top and hold your fiat to see what happens next. It is a one man army here, your gain is going to another person's loss.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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o48o
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-cut Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
I am not sure if you are trolling or not. But in case you are not joking. If you are upset because people make market go to another direction, trading might not be for you. I find it weird that at least once in a month i see a comment from these "genius" traders telling us that if everyone just so what they said, we would all be rich. Like it would be others fault that they are losing money. Usually it's about price going down though. I understand it's frustrating to lose money, but other people didn't ruin your change, you did participate to free markets and it's your money, so accept some responsibility of your actions. Otherwise you'll never learn from setbacks, because they will never be your fault. Also you are in writing to trading section and shorting is part of trading. In case you were joking; Poe's law makes it sure that i am not getting the irony.
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Cookdata
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March 06, 2024, 05:38:54 PM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
Do you know one thing about the crypto market, it doesn't give a damn about your emotions, it doesn't care if you missed out or you are trying to buy at the market. You called it the smart people and that's the more reason why they call their money the smart money, they risk all they have to make the market liquid but it has to be on their own way, they make the market moves on their own terms and that's why they are call the whales because they control the market. What you should do is to make sure to follow what other smart money people are doing, follow their footsteps and make money their own way. But make sure that you are using stop loss, nothing ever go against stop loss if you used it wisely. If you do that way, you will make a lot of money from this market and perhaps the money you are trying to make back will be easier but I will advice you not to chase loses.
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target
Legendary
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Activity: 2282
Merit: 1041
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March 06, 2024, 06:20:36 PM |
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It looks like you know what you are doing so how come you lost your chance to make 15K during BTC price dip? Sometimes you just don't know when exactly to buy back, it doesn't even dip into its oversold indicator but the price bounces again. To me, there isn't a real signal to see this coming. I also waited if it's going to stay at $60k for like a day but it's just a quick dip.
All I can think is that institutions are buying up BTC in the spot market and then shorting on the futures market to which, whichever the price goes, they make money.
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Dzwaafu11
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March 06, 2024, 06:27:30 PM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings...
I think you are combining two things here. And I think you know how the market is going, Did you mean that when the price is going down, people should sell their other coins and buy more altcoins? Or did you mean that when the BTC price is going down, people should buy more? Because I can see the way you said, I think you combined it, and it doesn’t really make sense to me, although if that is what you mean that when the bitcoin price is going down, people should buy more bitcoin? I can say that it is a nice idea if someone sticks to that method since everyone is looking for a way to make more profit. I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
You don’t have to do that, man. Before you enter the market, the risk is clearly stated, and that’s why they advise you to do what will favour them, so I think you should find a way to do what will favour them, and again, maybe you invested a huge amount of money that you cannot afford to lose. If not, you won’t panic. I think next time you will invest and stick to your target, so when the price reaches there, you will sell your investment.
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Uhwuchukwu53
Member
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Activity: 294
Merit: 43
★Bitvest.io★ Play Plinko or Invest
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March 06, 2024, 06:58:00 PM |
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The early you know that it must not go exactly the way you expect it as your not totally in full control no matter the strategy you employed better for you, because everyone work at according to how it may suit and favor them.
Trading required you take always calculate in second be it keeps your emotions very high, your earning is already a loss to another who may also take another step to regain.
This inconsistent move make it more interesting for me one don't need feel upset because you need make up mind to take any outcome and set realizable target as the trade is moving.
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South Park
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March 06, 2024, 07:39:52 PM |
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When I see that the price is flying down steeply, I sell everything and let it fall down. When it stops, then I buy cheap and I have earned... BTC is going down now, so let it go and buy when it stops. We can all make money from it and then we will again get it up together! Unfortunately, there are always a few "geniuses" who go against the flow and they are buying when they should be selling, and that destroying everyone's earnings... I'm seriously upset because a couple of such " smart " people just ruined my chance to make up for a 15k loss... I would like to kick them somewhere!
If they are making money and you are not, if they predicted what the market could do correctly and you did not then I do not see why you are being sarcastic about them, since they took the right decision and you failed at this, never forget, the markets are never wrong, if you make a prediction and the prediction fails to happen, this did not happen because you did everything right and someone just interfered to make your prediction to not fulfill itself, you simply made a wrong call and that is it.
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batang_bitcoin
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March 06, 2024, 08:41:30 PM |
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You have to understand that you're winning because someone is losing on the other end of this world. This is the market and we're all involved in this. And you can dictate what people will do, if they feel that they should buy at the peak, they'd do that. Before, there have been many that did that mistake and even til' now and on the next cycles, there will still be people that would do that. So, if you don't understand them, just mind your thing and keep repeating what you've been doing profitably.
This is right and you should really be having those kind of realizations at least on how this market works. We do know that whenever we do make money or profits then there are those people who had lost up their money on the other side and just be grateful that you did make out such good decision on which it did really result into profits. Dont mind about other people about on how they do make out such approach towards the market on where they would really be doing the opposite on what are the things that supposed to be approached. If it turns out that they are doing the opposite then just let them be. Selling when prices get that correction or decrease and buying up when that green candle stood strong. Then this is really be a very basic human being approach and behavior. They would really be doing such things because we do know that each one of us does have that kind of mindset and approach on things. Yeah, that's it. If they're doing the opposite thing, we can't do anything with that but let them do what they think is right. What we can do is to control over all our things and decisions that we're doing on this market because no one is there to correct us from our doings and it's so much better to think of these matters as if we're always new to the market so that we keep on learning. But upon learning those things, we need to apply that when it's our turn to sell and buy. You can always give tips to the others but make sure that you apply that tip to yourself first.
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Rent this sig space so that BTC goes to $100k.
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Hamza2424
Legendary
Offline
Activity: 1078
Merit: 1091
🇵🇰 Pakistan
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March 06, 2024, 09:20:19 PM |
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Haha, I don't get what type of rocket science the OP had discovered in which on the dips he's making money and others are not, I'm sure he's trying to mention categories of people but he hasn't provided any context to them, Anyway, everyone buys in the cheap which is sticking to the market from a decent time, those newbies make a mistake and its good for them to make mistakes and learn from it.
In such a volatile market there are always some sort of short-term opportunities and those who avail them are the pro ones. In the market, you need to behave like a bot, have no emotions while dealing with the positions, and make sure to take a good rest from the market because watching the charts all the time is not good at all.
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Finestream
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March 06, 2024, 09:56:20 PM |
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You have to understand that you're winning because someone is losing on the other end of this world. This is the market and we're all involved in this. And you can dictate what people will do, if they feel that they should buy at the peak, they'd do that. Before, there have been many that did that mistake and even til' now and on the next cycles, there will still be people that would do that. So, if you don't understand them, just mind your thing and keep repeating what you've been doing profitably.
You can’t control how every person would react to a certain price. And regardless of its price, as long as their intention is to buy and hold bitcoin, even if bitcoin price is very high, then that would not be a big problem after all. Just focus on your own investment and how would you make it profit from the current price. If you think it’s the best time to sell because you are already facing bigger profits, then sell. But if you think there’s a better price coming, then just wait and hold your coins.
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shinratensei_
Legendary
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Activity: 3206
Merit: 1026
Leading Crypto Sports Betting & Casino Platform
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you're probably talking about recent dips that successfully causes liquidation amounting to million of dollars of people that shorted when they see some slightly sharp dipping and you're mad about it or am i wrong? the thing with the trend is that if the trend is bullish it leans more towards recovery.
on the other hand if the trend is bearish of course it will lean more towards dipping further you can't expect basic principle to work with the ever changing dynamic of future trading if you ever into future or at least spot trading here. things changes dynamically by the minutes and thats honestly to be expected.
I mean if you know that the market sentiment is greed and the price of bitcoin is falling you could always be sure that its gonna be recovering in no time. so many people actually waited such dip and ready to bag some even got their money in exchange just in case.
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