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Author Topic: Stay off any missed opportunity  (Read 325 times)
Queentoshi
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March 16, 2024, 04:11:42 PM
 #21

just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.

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March 16, 2024, 05:07:09 PM
 #22

The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.
This is one of the best advice you can get in the cause of trading or investing in cryptocurrency because that's like one of the best way towards profitability with your crypto assets and even generally out side cryptocurrency in other business in generally the prices at which you bought any commodity is very much important because it will really affect your profitablity with such a goods when you want to sell them for profit, if you did buy them at a high price definitely selling higher becomes a problem if there isn't inflation in the economy as at the time you would want to sell thereafter.

Trading for profit will really a whole lot to do with your entry or buying price except you are invest in the long term which will means you will have to leave the asset to still retrace and trade a bit above it's initial price where you bought and that will means exercising some kind of patience again but if you are investing for the short term then it's really important you mindful of your entries.

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March 16, 2024, 05:57:30 PM
 #23

People forget that they need to follow the basics. Just follow the simple economics while investing in Bitcoins. No more thing is a big opportunity than this. Buy when the price is low and sell after a certain target is reached. Easy like that. Now if you greed more in the meantime or don’t show patience, then of course you will make losses. Crypto is all about opportunity and each and every moment creates an opportunity, we just need to show faith, give time and invest sincerely in it.

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March 16, 2024, 08:46:37 PM
 #24

..like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.
These are basic facts and things that many people or especially beginners should know. But, in fact, there are many newcomers who come to crypto to buy coins that are currently hyped and even at the top, without knowing what phase will occur in these coins. Finally, we know that most of the coins that are currently on the top, if only based on hype, then the situation will be volatile.

Then, what happen?? In this case, the coin or token market will immediately reverse direction, drop, and not come back again. So what? Yes, losing money, for newcomers, they will regret and blame crypto. This seems like a normal thing that happens. In fact, their lack of understanding and perhaps their unwillingness to study first to be better prepared, was the cause of their failure at the start.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
Every person has that opportunity, and it will depend on each person to take advantage or optimize that opportunity. However, in crypto, this will also depend on how we as individuals can master it first, so we can determine the next steps. Every information shared by many people here or in other forums can actually become very valuable information. However, unfortunately, not all people receive this information.
On the other hand, there are several things that sometimes make someone fall even more when in crypto, one of which is a very thin level of patience and on the other hand, a fairly high level of greed.

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March 16, 2024, 09:40:37 PM
 #25

In short, do not buy during bull runs and accumulate when no one is interested in buying. This is highly applicable in established coins, not so much on coins that have appeared recently. Bitcoin, ETH, and other such coins will always have a huge market no matter the market conditions are. People will always trade them so you can accumulate when it's at its lowest and receiving lots of negative news everywhere. It's a simple concept but worth keeping into mind if you want to save yourself from huge losses.

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March 16, 2024, 09:46:06 PM
 #26

I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.
As they say, "don't catch the falling knives".

I've done that before and thought that it's a good idea but in the end, I'm always getting stuck when I have to cut loss or else I have to go with the further losses because of the wrong entry and buying at the top.

Many investors and traders does this and for this reason, many are discouraged to go on with the newer projects. Unlike if we just DCA our favorite crypto to HODL, we don't have any problems from doing so and we'd be happy to keep as much as we can.

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March 16, 2024, 10:32:57 PM
 #27

just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.

Every trader has their own way or strategy to take or seek profit in every situation and condition but not all of them really understand or know about how to minimize the possibility of risk as those who chase losses to recover, but something that is missed does not mean a loss because you do not lose money but only miss the possibility of profit. For me, missing or losing an opportunity is something that can happen when you lose focus or don't pay enough attention to the market so that you miss the opportunity to make a profit according to the method or strategy you have.

As the OP said that it is better to wait for other opportunities or opportunities because the market will continue to move which means you will be able to find many other opportunities that match the strategy you have to make a profit, but the problem is only focusing on one market which is where he lost the opportunity, this happens because they feel quite disappointed with themselves because they have missed an opportunity that should be a good opportunity to make a profit that in the end the focus can be disturbed which makes them try to create an opportunity that is actually not an opportunity that matches the way / strategy that they have to make a profit so because of this mistake they experience a number of losses because they try to take advantage of something that is basically not a real opportunity / opportunity. So it is better to look for other assets and wait for the real opportunity, your patience is the key.

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March 16, 2024, 10:41:57 PM
 #28

I don't know if here is the right place for this post,  but if it's not, please redirect it,.
For the short time I have been into this crypto industry, I have observed and experience many things, especially when trading the spot market, it's very important that you stay off any missed opportunity,  like if a coin has already rise to a very high figure, don't just try to look if you can salvage something out from that particular market, because the price of that particular asset  might collapse on you, you will be used to clear liquidity, so it's best you look for another opportunity, in another asset, than to try try to salvage something from the missed opportunity.

I know that most of us here might have experience such before, and have been used to clear liquidity in the past, but it's very important we learn from them, opportunities are countless in the crypto industry, what is required is just patience, just wait for another opportunity than to do anything that will make you lose money.

In short, don't buy when the price is already high, yeah, this is one of the basic tenant of trading, we only buy when there is blood on the streets, meaning the price of a certain coin is going down hard and spiraling to it's death. But perhaps this coin will have a chance to grow it's that there are negative news about it that's why the price is plumeting.

As compare to regretting not buying a coin and suddenly it goes up. You can't do anything about it, maybe you have done your research but it's just your timing is off. Learn from those kind of experience and then apply it to other coins. Investigate, DYOR and base from your past experiences then buy it and see how it goes for you and we really need a lot of patience in this kind of market as it is very volatile and usually it will not go in your way. Timing is everything here.

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March 17, 2024, 10:49:53 AM
 #29

just wait for another opportunity than to do anything that will make you lose money.
A reason why a missed opportunity is called a missed opportunity it is because after the opportunity has been missed any attempts to try and chase the loss will result in a loss for you. Missing an opportunity should teach you the lesson of being more on the lookout for new opportunities, and also will make you ready to take opportunities whenever you're able to spot one. People who miss opportunities and then realize that they made a mistake missing those opportunities, and then learn the lesson are able to do better next time whenever another good opportunity presents itself. Opportunity in the crypto environment does not come once, opportunities will occasionally present itself in the market, it is for the trader to know how to take advantage of it.
When someone has several times missed the opportunities that are in front of them, of course they have to learn from the mistakes they made and don't repeat them again when they get the opportunity because if they repeat the same mistakes on another occasion, they really won't be able to learn from their mistakes and This makes it difficult for them to make a profit and it would be better for them to learn again how to take advantage of every opportunity they have gotten and with the knowledge they have of course they will be able to easily find out the opportunities they have got so they will be able to seize the opportunities they have. was before them.
I believe more opportunity will keep coming so we don't have to depend or relent on the lost ones.
We need to keep doing what is going to bring more opportunity for us so we don't just end up losing and depending on opportunity that would not profit us. We need to keep making money in the market so that we don't finally lose our from holding ans making money from the market. It is good we keep searching for opportunity so that we can earn more from the market without stress our delays.

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March 17, 2024, 03:45:02 PM
 #30

This is definitely a good suggestion and I support it. I have seen way too many people lose money because they saw something go up and they wanted to follow it and make more money while it goes up and yet the yare too late and the price already peaked so they just hold something that is going down. I get that it is not easy to find the most profitable thing, but it is also quite important to realize that you are going to make money from buying low and selling high, not buying high and selling higher.

This means that people who are fearing that they are missing out on making a profit, usually get hyped about the wrong thing and causes it to be wrong. I personally think that the best thing to do would be just letting it be.

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March 17, 2024, 03:58:47 PM
 #31

Well, it depends could be that the reason for the price rise is because they are cooking something up and they are up to something and a lot of people are buying it with the chance of it increasing more in price. It is really hard to time the market so you should be careful and aware of what you are going to do. Better believe in what you are going to invest in. There would be a lot of opportunities now for the market and I think there are a lot of opportunities to build up.

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March 17, 2024, 05:57:46 PM
 #32

In short, do not buy during bull runs and accumulate when no one is interested in buying. This is highly applicable in established coins, not so much on coins that have appeared recently. Bitcoin, ETH, and other such coins will always have a huge market no matter the market conditions are. People will always trade them so you can accumulate when it's at its lowest and receiving lots of negative news everywhere. It's a simple concept but worth keeping into mind if you want to save yourself from huge losses.
There is a very interesting term that I apply in this case "Buy when others are afraid and sell when others are greedy" it will bring a little equation why we should not carelessly buy when bullrun, especially on coins that are already over-valued from their value it will be very dangerous. This can also be attributed to bitcoin or ETH, I collected it during the bearish and people were still afraid of it, and that was the right time to buy coins that you considered very potential, including the altcoins, but this depends on the views of each in seeing profitable trading opportunities in the long run, maybe our glasses could be different.

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March 17, 2024, 06:25:06 PM
 #33

The profit from investing in cryptocurrencies is in buying, not selling. If you are buying at a high price or in an upward trend, you will most likely not achieve any good profits. Therefore, pay attention to the buying price more than the selling price and always try to buy when the price is low and there is a high possibility that the price will rise. In the coming days, there will be burning of currencies or listings, but as soon as the price begins to rise, do not try to invest unless it is short-term, within an hour or two, and in small amounts.

Isn't the profit realized in selling?  Investors cannot realize their profit if they just keep buying and do not intend to sell.  It is good to buy low and sell high but in case an investor bought at a higher price, he should set a target selling price to realize profit.

One example is when an investor bought Bitcoin at its ATH in 2021, obviously it is hard to profit since Bitcoin after hitting its ATH often transition to bear market.  As long as the investors set a target price to sell and stick with it, his can realize his profit by selling his holdings when the market hit his target price.



@OP in the Bitcoin market, it always open opportunity for every investors who missed out on its previous cycle.  Please be reminded that after the Bitcoin bull run and achieving its ATH, the market of Bitcoin tends to enter the Bear market, and its market plummets to a certain percentage which can be an indicator for market entry or re-entry (for those who sold their holdings during bull run).

So the title of this thread is probably not applicable to the Bitcoin market since there is always a chance to enter the market and get profit every Bitcoin cycle.
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March 17, 2024, 07:21:02 PM
 #34

Well, it depends could be that the reason for the price rise is because they are cooking something up and they are up to something and a lot of people are buying it with the chance of it increasing more in price. It is really hard to time the market so you should be careful and aware of what you are going to do. Better believe in what you are going to invest in. There would be a lot of opportunities now for the market and I think there are a lot of opportunities to build up.

This is why one should never FOMO and buy tokens and coins that they see are constantly rising because they are mostly traps and you will probably get your capital stuck in them if you make the mistake of buying during these times. Some exchanges would warn you before you make a purchase by telling you that the asset is extremely volatile and there is extreme risk if you trade this asset and you should make sure you understand what you are doing.
After reading such things, one should have a general idea that what they are going to do can be costly if they don't understand what they are doing.









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March 17, 2024, 07:30:42 PM
 #35

You could have just said:

"Don't FOMO."

Basically, don't chase a train which already left the station. You won't catch it. I am not necessarily talking about BTC. You can take this idea and apply to any other asset. If Gold rose too much, it is not the best time to buy gold anymore. Leave it and look for other opportunities. Just because you missed an opportunity, doesn't mean there won't be others. You just don't know how to identify opportunities and that's why you missed the last one. People miss opportunities all the time. Even the so called pros miss them.

You need to catch 1 or 2 good opportunities to make a home run.

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