bayu7adi
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March 11, 2024, 09:37:05 PM |
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Don't think that the wisest decision is yours, you forget that currently many people are trying to be wise in making decisions related to trading in order to survive in the world of trading, and they are. The market mechanism is buying and selling, even if you sell it at (what you think) is the highest price, it will still be bought by other people who may still think your selling price is too low.
Don't feel like you're lucky, as long as there are still many people who don't share their strategies and income from trading.
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AYOBA
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March 11, 2024, 11:33:43 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 loss... I would like to kick them somewhere!
You shown your ignorance, and from reading your thread, it appears that you are the one who is unable to comprehend since you are completely perplexed by topics you don't know much about. If not, how can someone hold onto a bitcoin for an extended period of time after realizing that it is about to crash, indicating that the cryptocurrency is trying to dump itself? They might sell all of them in a hurry and then return later, hoping that the price will drop and they can buy again and start holding it. How can you handle it to maximize profits? And that's the reason that most people stumble when it comes to investing—they don't wait to learn specifics, and some of them lack patience—which is also the reason that not everyone succeeds in investing.
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Yamifoud
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March 12, 2024, 02:47:27 PM |
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You simply don't understand OP because not all have the same thinking and plan as you. People are selling for profit, they just take the chance while is there. So let them do what they want even if it is against your idea because whatever happens to them and their plan, they are the ones who face it, not you. And you don't assume that what they did will also affect you and take your opportunity.
Besides, investing is not just about buying and holding, it is also about selling. Honestly, the market is boring when all of us have the same moves and market approach.
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$weetne$$
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March 12, 2024, 05:26:19 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 loss... I would like to kick them somewhere! . Going against the flow is a smart way to makes you different and when you're different that's when you can have a higher possibility of being successful. You can't be following the crowd and be expecting to be different and making money. The crowd are always going in the wrong direction because that's what majority of the people's are thinking but they all can't make money. You don't make a difference when you think like everyone else. When the market is crashing, that's an opportunities to buy more Bitcoin and not to sell. Selling should be when you're in profits and not when you're losing therefore the next you see the market is dumping, start buying more Bitcoin to hold. Only in situations when you're trading that you should sell your Bitcoin for profits when you're in profits to buy when the market is dipping and not selling in the dumps.
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sulendra12
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March 13, 2024, 08:51:11 PM |
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I mean it's not just you trading in this market. Other traders at the same time as you would had made same mistakes as you by selling and buying at the wrong time.
That's why you not just relying solely on price. That's why analysis, indicators, strategies exist. You can't just blindly following the hype.
Also if other people success, it doesn't mean that they are a genius. They also did suffer with losses before same as you.
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Lanatsa
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March 13, 2024, 09:03:21 PM |
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I mean it's not just you trading in this market. Other traders at the same time as you would had made same mistakes as you by selling and buying at the wrong time.
That's why you not just relying solely on price. That's why analysis, indicators, strategies exist. You can't just blindly following the hype.
Also if other people success, it doesn't mean that they are a genius. They also did suffer with losses before same as you.
Or simply trying out to realize that this market isnt supposed to be on the thing that they've been thinking up for it to be that so simple and making those kind of fxed approach that there are certain conditions on which it is really just that happening on you on which same as you said that each person did really pass through these kind of tough situation and challenges specially on predicting out prices. This market is really that survival of the fittest on which if you dont find yourself that being wise and be that sensible towards your actions then for sure other traders would really be just taking advantage of course and we do know that this market is composed of buyers and sellers. Certain fundamentals and other factors could really be able to affect overall price condition. There would really be those people who would really be ending up on buying while peaking and to those who had been missing out on accumulating more on a dumping market, but instead they would trying out to pursue the bottom as much as possible.
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South Park
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March 13, 2024, 09:09:12 PM |
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I mean it's not just you trading in this market. Other traders at the same time as you would had made same mistakes as you by selling and buying at the wrong time.
That's why you not just relying solely on price. That's why analysis, indicators, strategies exist. You can't just blindly following the hype.
Also if other people success, it doesn't mean that they are a genius. They also did suffer with losses before same as you.
It is because of this that in trading knowing how to manage your money is so important as well, no one can win all the time, even the best traders around the world lose and do so often, and since we know we are going to lose several trades, we need to take measures to protect our capital, so those that are trading without taking this factor in consideration and losing a lot of money, have no one else to blame but themselves about the huge losses they suffered.
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hd49728
Legendary
Offline
Activity: 2268
Merit: 1111
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It is because of this that in trading knowing how to manage your money is so important as well, no one can win all the time, even the best traders around the world lose and do so often, and since we know we are going to lose several trades, we need to take measures to protect our capital, so those that are trading without taking this factor in consideration and losing a lot of money, have no one else to blame but themselves about the huge losses they suffered.
It's hard to manage your capital, control your greed so if you succeed in investment or trading, let's secure your initial capital first before chasing more winnings and profit. How? Withdraw part of your profit to keep your initial capital intact. Use rest of left money for chasing more winnings and more profit.
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Bobrox
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March 14, 2024, 03:12:06 AM |
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It's hard to manage your capital, control your greed so if you succeed in investment or trading, let's secure your initial capital first before chasing more winnings and profit.
How?
Withdraw part of your profit to keep your initial capital intact. Use rest of left money for chasing more winnings and more profit.
Its important thing in trading how to secure our capital by withdrawing half or few percent of our capital and reinvesting with profitable earned, most of trader or investor take profit and compound their investing with their first capital then profitable earn without have any ideas to secure firstly with the capital using for trading. I think when market get correction still have our capital withdrew and could use to make another deposit or buy back some coins have lower price. In trading controlling emotion and keep not greedy is difficult but the winner of holder or trader must control it well, if not difficult to earn much profitable in trading due many coins have volatile price day by day.
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Sebas.tian
Full Member
Offline
Activity: 2198
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
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March 14, 2024, 05:07:56 AM |
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I mean it's not just you trading in this market. Other traders at the same time as you would had made same mistakes as you by selling and buying at the wrong time.
That's why you not just relying solely on price. That's why analysis, indicators, strategies exist. You can't just blindly following the hype.
Also if other people success, it doesn't mean that they are a genius. They also did suffer with losses before same as you.
Never you trade in the wrong time, because you will not like what you will achieve from the trading but if you have the knowledge of trading and you succeeded to purchase your Bitcoin in the bearish season, you will have every reason to trade and be successful in the bullish market. The reason why traders always trade their coins during the bullish season is that they have learned from other traders that traded during the bearish market to experienced losses from their trade. As a potential traders you must experience some difficulty season but don't give up, because once your luck appear, you will make a good income that will help you to recover all your losses from the market.
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$weetne$$
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March 14, 2024, 08:38:19 AM |
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In trading controlling emotion and keep not greedy is difficult but the winner of holder or trader must control it well, if not difficult to earn much profitable in trading due many coins have volatile price day by day.
Cryptocurrency are very volatile currencies therefore there are many opportunities to make profits from trading them, controlling your emotions will make you to make profits from investing or trading cryptocurrency because our emotion are always deceiving us. Don't use your emotion to make decisions because you'll be making the wrong decision most times, because the price of Bitcoin is correcting shouldn't force you to sell but you should keep holding as after the correction. The price of Bitcoin will start rising again and the profits that you'll be making will be twice the profits you would had made if you sold earlier when the price of Bitcoin was falling. When trading, one good advice every trader should have is to never follow others, do your own research and make decisions based on how you analyzed the market.
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Lantind
Sr. Member
Offline
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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March 14, 2024, 06:10:21 PM |
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Cryptocurrency are very volatile currencies therefore there are many opportunities to make profits from trading them, controlling your emotions will make you to make profits from investing or trading cryptocurrency because our emotion are always deceiving us. Don't use your emotion to make decisions because you'll be making the wrong decision most times, because the price of Bitcoin is correcting shouldn't force you to sell but you should keep holding as after the correction. The price of Bitcoin will start rising again and the profits that you'll be making will be twice the profits you would had made if you sold earlier when the price of Bitcoin was falling. When trading, one good advice every trader should have is to never follow others, do your own research and make decisions based on how you analyzed the market.
Doing trading or investing with emotions is of course very unlikely to be successful in trading or investing, so it is very important for us if we decide to invest or trade to be able to control our emotions so that we don't experience losses in investing or trading. because if we make decisions in an emotional state, of course we will not be able to make profitable decisions on the investments we make and we have to make decisions without emotions so that we can make profitable decisions on the investments we make. Yes, when trading, of course it would be better if we did our own research before making decisions on the trades we make, because if we follow other people's advice, of course it will be very detrimental if we experience failure in the trades we make and it is very different from the failures that we make. If we do it ourselves, we can still learn so that we can improve it in future trades.
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Maslate
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March 14, 2024, 08:58:56 PM |
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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. 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. People will always have different mindset from each other. And you can’t expect people to think same with your thinking. So do what you think is right and spare them. At the end of the day, your success or failure won’t depend on them, it’s always because of your decision making. People win and lose from investing or trading, but if you know a strategy that will keep you winning consistently, then focus on that and let other people stick to their own as well.
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Fatunad
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March 14, 2024, 09:07:02 PM |
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I mean it's not just you trading in this market. Other traders at the same time as you would had made same mistakes as you by selling and buying at the wrong time.
That's why you not just relying solely on price. That's why analysis, indicators, strategies exist. You can't just blindly following the hype.
Also if other people success, it doesn't mean that they are a genius. They also did suffer with losses before same as you.
Never you trade in the wrong time, because you will not like what you will achieve from the trading but if you have the knowledge of trading and you succeeded to purchase your Bitcoin in the bearish season, you will have every reason to trade and be successful in the bullish market. The reason why traders always trade their coins during the bullish season is that they have learned from other traders that traded during the bearish market to experienced losses from their trade. As a potential traders you must experience some difficulty season but don't give up, because once your luck appear, you will make a good income that will help you to recover all your losses from the market. It all matters with someones perception and approach on things on which not all would really be that sensible on the things that they are doing on which not all would really be that wary and do the opposite things on which its something that they wont really be needing to do such thing or really need not needed to do so. Not all people would really be that having that kind of decision making on things because there are ones who do really do the opposite but instead they would really be that doing the things which arent supposed to be done and would only notice once the price movement do happen or do goes on that way.
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hd49728
Legendary
Offline
Activity: 2268
Merit: 1111
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Its important thing in trading how to secure our capital by withdrawing half or few percent of our capital and reinvesting with profitable earned, most of trader or investor take profit and compound their investing with their first capital then profitable earn without have any ideas to secure firstly with the capital using for trading. I think when market get correction still have our capital withdrew and could use to make another deposit or buy back some coins have lower price.
In trading controlling emotion and keep not greedy is difficult but the winner of holder or trader must control it well, if not difficult to earn much profitable in trading due many coins have volatile price day by day.
In trading or investment, without capital, you have empty hands and have nothing to do with your account and the market. If you can protect your capital, you can have other chances to get profit. The market is always here and it's only you will be here, with capital to trade or to invest in future or not. Without money, you will have to leave the market even you don't want to do so. Capital safety first before thinking of trading or investing, profit or loss. One of best weapons in trading.
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Sorryfor
Member
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Activity: 364
Merit: 33
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March 16, 2024, 10:42:46 AM |
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A person has complete personal freedom when to invest in Bitcoin. You can give good advice in detail if you want but you can't impose your decision on others And holders or traders when to invest or trade bitcoins depends on their own knowledge. And when Bitcoin dumps, most investors are definitely investing in Bitcoin And none of us can accurately assess the value of the Bitcoin market. Because most of us don't know what price Bitcoin is going to reach in the future. So all things considered we have to invest or trade based on a lot of assumptions.
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boty
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March 17, 2024, 11:15:13 AM |
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A person has complete personal freedom when to invest in Bitcoin. You can give good advice in detail if you want but you can't impose your decision on others And holders or traders when to invest or trade bitcoins depends on their own knowledge. And when Bitcoin dumps, most investors are definitely investing in Bitcoin And none of us can accurately assess the value of the Bitcoin market. Because most of us don't know what price Bitcoin is going to reach in the future. So all things considered we have to invest or trade based on a lot of assumptions.
Yes, indeed everyone can invest in Bitcoin or trade Bitcoin, but the most important thing before they decide to invest or trade is of course that they must have knowledge in this matter and it would be better if there was someone who could advise us on what we are doing both investing or in trading, because if we trade or invest without knowledge then it is very likely that we will not be able to make a profit from the trading and investment that we make, of course no one can know for sure when the price of Bitcoin will increase and when it will fall, so it is important for us to be able to analyze the market so that you can do it correctly to make a profit.
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NewRanger
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March 17, 2024, 11:37:41 AM |
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Sorry but I cant enough time answer all, but for better understanding I edited it a bit...
I was talking about a case a few weeks ago, when the price dropped from 70 to 60000 within 2 hours. Why couldn't they sell BTC and wait for the decline to stabilize and then buy BTC again at a much better price, like everyone else did. Instead, they useless went against everyone and against the market, and since they did not have enough purchasing power, the hours dragged on one place (2cm up and down and again, the same over and over for long hours). We could all make decent money, but because of those "experts" we all had 2/3 less. And right now it's happening again, BTC fell to 65 and again some "geniuses" are preventing further decline, so again the clocks stands in one place and stretches by a few cm. Sorry, but this is nonsense, I dont know if they are trying to piss everyone off, or they are from another planet ...
If you buy when the graph is still down/correcting, you are very vulnerable. I think what you are saying is also a form of disappointment when you look at the market and have bought why the reversal took so long even though we thought it was time. In my experience, we have to really wait for the correction while it is completely gone, whether 4 hours or 8 hours later. If we have just entered a decline once, we are still very vulnerable to a further decline. This is where many people get trapped and involved, especially when they hear the opinions of other people whose analysis we think is correct.
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justdimin
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March 18, 2024, 11:42:41 AM |
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When trading, one good advice every trader should have is to never follow others, do your own research and make decisions based on how you analyzed the market.
Most traders, especially newbies, don't follow this, and as soon as they decide to start trading, they start looking for groups and people who can provide them with signals and help them with their trades instead of trying to learn everything themselves and do their trades themselves because one should have more confidence when they are making such decisions themselves instead of letting someone else do that for them. This is a mistake, undoubtedly, because you can't rely on someone else's knowledge forever, and there will be times when you will be left alone and at those times, you will feel helpless because even if market conditions remain favourable for trading, you wouldn't be able to do that due to a lack of knowledge and experience about the market and trading practices.
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stomachgrowls
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March 18, 2024, 12:40:02 PM |
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Sorry but I cant enough time answer all, but for better understanding I edited it a bit...
I was talking about a case a few weeks ago, when the price dropped from 70 to 60000 within 2 hours. Why couldn't they sell BTC and wait for the decline to stabilize and then buy BTC again at a much better price, like everyone else did. Instead, they useless went against everyone and against the market, and since they did not have enough purchasing power, the hours dragged on one place (2cm up and down and again, the same over and over for long hours). We could all make decent money, but because of those "experts" we all had 2/3 less. And right now it's happening again, BTC fell to 65 and again some "geniuses" are preventing further decline, so again the clocks stands in one place and stretches by a few cm. Sorry, but this is nonsense, I dont know if they are trying to piss everyone off, or they are from another planet ...
If you buy when the graph is still down/correcting, you are very vulnerable. I think what you are saying is also a form of disappointment when you look at the market and have bought why the reversal took so long even though we thought it was time. In my experience, we have to really wait for the correction while it is completely gone, whether 4 hours or 8 hours later. If we have just entered a decline once, we are still very vulnerable to a further decline. This is where many people get trapped and involved, especially when they hear the opinions of other people whose analysis we think is correct. Specially if you do make use of those technicals on which you are assuming that the price might already have that strong reversal signal but it do ends up on having that long accumulation or consolidation period on which on this time you would really be having those kind of thoughts that there might be something wrong. From here then you would really be having that kind of approach on making up some changes into your strategy and on the time that the price did make out some movement on which this is something that will really be raising some questions in mind. Buy low Sell high might really that sound pretty basic but on the time that you are on such situation on making out some positioning or buying or selling decision then this is where you would really be finding this condition to be really that a huge challenge as a trader or investor. Theer would really be those "what ifs?" into your mind on which this is something that boggles up on what you are been dealing on with.
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