Kelward
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March 07, 2024, 09:39:39 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've simplified your strategy, buy when price dips and sale when it pumps to your expected target, it think it's a great strategy so stick with it and don't worry so much about the decisions of others, remember it's their money and they can choose when to sale and buy, just like you. We all have different perspectives on how we predict the outcome of Bitcoin price, sometimes you want to wait for price to dip lower before selling, and you'd be surprised that the opposite will happen and price will start to pump, so you can't blame anybody for making a decision that'll not benefit you, because they made that decision to favor them. The summary is that crypto price is volatile, so we can only predict and the market determines actual price.
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shield132
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March 07, 2024, 09:49:47 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!
When you sell, you profit because someone buys. When you sell Bitcoin for 69K USD, someone buys it for 69K USD, otherwise you wouldn't be able to sell for this price. We can't have two winners, there is only one winner and one loser. There are many people who hesitate to buy Bitcoin during the bull run because many people call it a scam coin, then they see how it's going up and up, they still hesitate to buy and finally, all these people who were hesitating before, experience severe FOMO and buy when price is at it's all-time high. That's how it works, I expect the same because people never learn on their mistakes. Btw to be fair, it's not bad when they buy it at ATH, if they can hold it for years, then it means nothing because bitcoin will have another ATH after the next halving and long-term these people won't be in loss.
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TheUltraElite
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So anyway, I applied as a merit source :)
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March 07, 2024, 12:52:28 PM |
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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. We should all focus on our own investment rather than what others are doing. The only problem is what people around us in the market are doing might force us to withhold our orders. But in most cases I think we can ignore that and not think about "kicking anybody" and run our own strategy for the long run. Its important to keep patience in this market and during times of up and down are definitely going to be tested for our skills to hold and seize the opportunity. If prices have gone beyond your buying level, just wait it out because they will drop in the future.
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lovesmayfamilis
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March 07, 2024, 03:16:04 PM |
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The OP comes to the forum once every three months to tell us how stupid everyone is here. OP, everything may seem simple in theory, but is it true that you know the exact dates of fall and rise for buying and selling? Your theory would be good, but until you try it, you won't know that you can't predict the market. In addition, you need to be calm when observing price movements; impulsive actions that indicate that you know better what will happen next often lead to mistakes.
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moneystery
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PredX - AI-Powered Prediction Market
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March 07, 2024, 04:00:55 PM |
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why are you angry at people who actually have nothing to do with you? you can't say to investors that "hey guys, stop buying, i wanted to buy that bitcoin at a lower price and the price increase bothers me" you can't because of who you are tell people to do what they want to do.
so stop complaining about what people are doing and just focus on your investment, because if you feel smarter than most people, it shouldn't be difficult for you to make a profit from the current bitcoin price.
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adpinbr
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March 07, 2024, 04:36:44 PM |
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To my Understand on what you are trying to explain, it is just a simple analysis you do you buy and when deep in price you sell and you make profit that is just a simple analysis that almost 60 to 70% of bitcoin holders do. You just have to understand that as you lose or gain it is also affecting someone else in the other hand. Which ever way that you are doing to make money on trading bitcoin is good for you Is everyone intention of buying bitcoin is either to make money or to use for a personal transactions.
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Adams0001
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March 07, 2024, 04:45:55 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). Sure, many people don't care about the prices involved, they just want to invest for the long term to make a profit and I think that is a good strategy, because sometimes when you see the prices of bitcoin increasing you will be thinking when ever you invest on it, the prices will probably decrease and you will lose your funds, but when you make up your mind that your investment is for the long term and whatever happens, you will just sell your coin and leave it for long term thing he reach your specific time before you can sell the coin. Anyone who is blaming people for their losses is not smart enough, which is why they are losing. Since you have identified and know how to do it, it is better for you to make your own research without depending on anyone, because not everything they need to be telling you on trading or investment is you that will get up and make your own research and how you are trading, that is how you will be getting more experience without telling you anything. When you blame others for your losses, it shows you either trust them to assist you trade or you do not want to make your own decisions.
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dunfida
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March 07, 2024, 08:39:12 PM |
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why are you angry at people who actually have nothing to do with you? you can't say to investors that "hey guys, stop buying, i wanted to buy that bitcoin at a lower price and the price increase bothers me" you can't because of who you are tell people to do what they want to do.
so stop complaining about what people are doing and just focus on your investment, because if you feel smarter than most people, it shouldn't be difficult for you to make a profit from the current bitcoin price.
And you should really be thinking off that this is a market on which it do really looks like a tug-of-war on which it would really be that something that a battle in between buyers and sellers. If there are people who do make money then there are people who do loses up on the other side on which it would really be just that normal to those who do make money are the wiser ones and its true that not all would really be sharing up on the same idea on what people do have in mind because we do have that different analysis when it comes to price movement. It might sound that so easy on having that buy low sell high kind of principle but doing it on the actual situation is the most hardest thing and if OP did find out this to be easy then its good for him since not all traders would really be having on the same condition. This is why on the moment that you are really that making money then it would really be always best that you should really know on what you are doing. Just be grateful that you are doing well into this volatile market or something which is really that speculative.
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Issa56
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March 07, 2024, 09:12:33 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...
If it’s so easy, just the way you said it, then everyone will be rich by just trading. What you just said is the basics of trading, and that’s what people are supposed to be doing, but where everything gets compromised is that you can never know how low or high bitcoin will go at a particular time. You might end up buying bitcoin thinking the price is low already, but after buying bitcoin, it will keep on dumping, and most people will end up selling it back just because they panic and they will already be at lost. So if you can’t do your analysis well, then you will have problems because you won’t know when to buy or when to sell, you might be buying at the wrong time and selling at the wrong time.
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batang_bitcoin
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March 07, 2024, 10:06:42 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. Many are complaining about the price of Bitcoin because they can no longer afford to have it and you're right, no matter what the price of Bitcoin as long as they can afford to buy it then the price wouldn't matter to them. Because there are too many people that look after at the price, doesn't mean that it shouldn't be bought as they think the same that it's quite expensive already. But the thing on this matter is what we like to invest and what we can afford to do so. If we like Bitcoin, no one's gonna stop us from liking it.
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Rent this sig space so that BTC goes to $100k.
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Zoomic
Sr. Member
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My post made philipma1957 wear signature
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March 07, 2024, 10:16:56 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!
You can definitely not control the market, the fact that the price of bitcoin is so unpredictable is what makes many people rush to buy when they are not supposed to buy and sell when they are not supposed to sell. This is just to avoid missing out on any opportunity available at that moment. More People are investing in Bitcoins on a daily basis and many will buy at what ever price they meet it. As a trader, you should know by now about the Bitcoin price volatility and this is one feature no trader should ignore. Venting your anger on those who are going about their normal business sounds like a joke to me. Put your emotions in check and allow other people do their thing.
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Alpha Marine
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March 07, 2024, 10:46:38 PM |
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I don't understand what the fuss is about. What and who exactly are you angry about? Aren't you supposed to be the one following the market? Is the market supposed to follow you? Where you made a loss is where someone else made a profit, so do you expect everyone to not buy or sell when they feel is okay for them for your sake?
Don't beat yourself up about it. All you have to do from your experiences is learn. Whether you made a profit or losses, you have to learn from the experience, and blaming others for your losses wouldn't teach you anything. You have to sit down and analyze what you did wrong and what you could have done. Nobody predicts the market and gets it 100%, but with the right market analysis, you stand a higher chance of making a profit than losses.
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freedomgo
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March 07, 2024, 10:58:22 PM |
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The OP comes to the forum once every three months to tell us how stupid everyone is here. OP, everything may seem simple in theory, but is it true that you know the exact dates of fall and rise for buying and selling? Your theory would be good, but until you try it, you won't know that you can't predict the market. In addition, you need to be calm when observing price movements; impulsive actions that indicate that you know better what will happen next often lead to mistakes.
There’s no one here who can perfectly timing the market. That market is so uncertain and unpredictable that even veteran traders and investors still fail on their investments. Even knowing when to buy and sell makes us struggle sometimes. My point here is not everyone is inclined to crypto even you OP. Know that while you are winning, some are at their loss. So always respect other people’s concepts and decisions, and focus on your own. Focus on your own success and do not mind other people’s strategies.
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jrrsparkles
Sr. Member
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Eloncoin.org - Mars, here we come!
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March 08, 2024, 02:36:40 AM |
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. 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! . .
Well, I don't really get this part, How could you be making loss of 15K if someone is doing what they aren't supposed to do? Trading is buying and selling, so when you are selling it means someone is buying for that price so you can't really sell something if no one is actually buying and if that's what you are suggesting as stupidity then the price will eventually goes to zero.
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Julien_Olynpic
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March 08, 2024, 05:24:51 AM |
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There are many aphorisms that illustrate how irrational the market can be. You see that the market has risen, you sell Bitcoin and expect the price to fall, but... the price continues to rise. Moreover, it can grow for a very long time. And vice versa, the price has fallen and it seems to you that now the price will rise, you buy, but... the price continues to fall. This is a common occurrence in the market. Because mean reversion is not guaranteed in the market. The market can be irrational for a very long time. On the other hand, perhaps it is not the market that is irrational, but simply that you are looking at it incorrectly and have not done enough market research.
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Questat
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March 08, 2024, 05:31:09 AM |
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Have you imagined OP if all investors are all together buying and holding? That never works in real life because your buy order just filled when someone is selling their Bitcoin. Buy and Sell is what we see in the market, and with the continuous movement of the market(up and down), we have a chance to earn. Well, I would say, don't mind what other people are doing. Of course, they will sell when they get a good price to sell and invest again. If you think holding more until the next ATH, that was your choice.
We all have the same goal in investing and that is to earn money. You might be seeing people selling their BTC earlier, you can't say it was wrong when they are in profit already.
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justdimin
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March 08, 2024, 05:44:56 AM |
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When you sell, you profit because someone buys. When you sell Bitcoin for 69K USD, someone buys it for 69K USD, otherwise you wouldn't be able to sell for this price. We can't have two winners, there is only one winner and one loser. There are many people who hesitate to buy Bitcoin during the bull run because many people call it a scam coin, then they see how it's going up and up, they still hesitate to buy and finally, all these people who were hesitating before, experience severe FOMO and buy when price is at it's all-time high. That's how it works, I expect the same because people never learn on their mistakes. Btw to be fair, it's not bad when they buy it at ATH, if they can hold it for years, then it means nothing because bitcoin will have another ATH after the next halving and long-term these people won't be in loss.
Well, in a sense you can buy at 50, sell at 60k, the other person bought at 60 and sold at 69. You both won, you both won about equal amounts as well, you could have won more if you didn't sell, but that doesn't change the fact that you both won. Doesn't really happen all the time, but it is not impossible neither. So you should always look for it to be something like that, you could always make it a better way. I believe that the best thing to do would be just focusing on how much profit you could make personally. You are not responsible for what others make, and if you can make the best, then you should try to. You should aim at buying at the lowest possible amount, and sell at highest possible amount to make the most profit you can.
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crwth
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March 08, 2024, 05:53:50 AM |
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Are you talking about whales? I think those are the people who can manage to get the price down and ruin everyone's earnings. That's how much power they have. I don't think that we would be able to foresee what they are going to do and it's going to be hard.
I don't think you understand much how the market works.
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RhayaneKenedey
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March 08, 2024, 06:57:18 AM |
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Your approach describes a classic trading strategy known as "sell high, buy low," which aims to capitalize on market volatility to generate profits. This strategy requires precise timing and an understanding of market trends, which can be quite challenging even for experienced traders. The nature of the cryptocurrency market, particularly Bitcoin (BTC), is highly volatile and can change direction unexpectedly due to various factors including market sentiment, regulatory news, and macroeconomic trends.
While it's natural to feel frustrated when market movements don't align with your trading strategy, it's important to remember that the cryptocurrency market is decentralized and influenced by the collective actions of all participants. Each trader or investor has their strategy based on their risk tolerance, market outlook, and investment goals. Some may buy during downturns with a long-term perspective, while others might sell to cut losses or take profits.
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LogitechMouse
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March 08, 2024, 08:19:16 AM |
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~ I'm seriously upset because a couple of such " smart " people just ruined my chance to make up loss... I would like to kick them somewhere!
Easy to say, but difficult to implement. Trust me, it's easy to say "I will buy it at the bottom" but the truth is, you don't know when it make a reversal. Are you upset with those smart people? Why not be one of them instead so you can make the most profit like what they're doing? Kicking them for what? Because they're smart enough to gain profit while you OP, are losing your money. That's how life is. Some will go up, and some will go down. What's worse is that there are people out there who criticize other people because of what they're doing. I didn't know that being "smart" was a bad thing already. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You can say like "I'll buy when it stops going down." but do you know when it will stop going down? Just focus on yourself OP instead of criticizing these "smart" people that you're saying. Instead of focusing on criticizing on them, focus on being one of them.
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