Why does price fall when I buy and it rises after I sell?

[pragmatic gut]

Most of the coins I buy go up ..... 70% or better .......

...however, of that 70% ...... I sell too soon ....

.... and end up with 50% of what I started with ......

... so,

.... buy low, sell high ....

... if you missed the train ..... let that train go ....

... be patient ...... like 6 months patient ....

... XPY and CANN ......


.... I was in XPY at first .... bought at 44 and it went down to 30 ..... then it went back to 44 .... when it did not go through that 44 buy wall ... I caught drift on Cryptsy chat .. ... the XPY model was too fuzzy and too shiny ..... I dumped ... thank god

....CANN ..... the coin does not seem to be penetrating any real world application ...... it seems to be dying .... saw it going down to 1100 ..... do not think it has a good upside now ...... its getting too much moss ....

... the new coin pipeline play is riskier .... no track record .....

... this next year will be interesting ......

...if you like a coin ... buy at bottom ..... if your buy order does not go through ... move on ...

[ronimacarroni]

cann failed because it didnt offer anything new.
Anyone can make a clone and claim its for a specific purpose.

[merockstar]

yea that's how it works for me too.

my advice to you is to stop day trading.

research all the coins thoroughly, and pick the very best, most innovative ones.

buy those. consistently. like the same small amount out of every paycheck, whether the price be high, or low. i think they call this dollar cost averaging.

when you have as much stacked as you're willing to risk, forget about them.

for a long time.

a really long time.

if the fundamentals were sound, and the product was innovative, then it will still be around in 2-3 years time. at which point you'll probably be up 10000%

[QuantumLeap]

buy those. consistently. like the same small amount out of every paycheck, whether the price be high, or low.

Translation: go to bathroom, lift toilet seat... insert money... flush

it's much quicker that way

i think they call this dollar cost averaging.

... or stupidity

when you have as much stacked as you're willing to risk, forget about them.

for a long time.

a really long time.

if the fundamentals were sound, and the product was innovative, then it will still be around in 2-3 years time. at which point you'll probably be up 10000%

Biggest lump of foolishness that I have seen written on the internet in a very long time, well done for that

[merockstar]

buy those. consistently. like the same small amount out of every paycheck, whether the price be high, or low. i think they call this dollar cost averaging.

Translation: go to bathroom, lift toilet seat... insert money... flush

it's much quicker that way

when you have as much stacked as you're willing to risk, forget about them.

for a long time.

a really long time.

if the fundamentals were sound, and the product was innovative, then it will still be around in 2-3 years time. at which point you'll probably be up 10000%

Biggest lump of foolishness that I have seen written on the internet in a very long time, well done for that

I mean... you could explain why I'm wrong and maybe change my view...

[QuantumLeap]

I mean... you could explain why I'm wrong and maybe change my view...

Just use that exact same method you just described to trade. The market will surely provide you with a much better explanation than I ever could

[merockstar]

I mean... you could explain why I'm wrong and maybe change my view...

Just use that exact same method you just described to trade. The market will surely provide you with a much better explanation than I ever could

fair enough, i didn't offer much explanation of why I feel that way either. i look forward to finding out how my plan plays out either way.

[balu2]

just change your strategy and trade opposite what you normally would 

[sorryforthat]

This is because you are natural borne loser. You better learn how to live with this.

Good help is so hard to find.

I think the real answer is to spend more time reading before investments go through. Learn the tech and understand what is offered. Do not by any means invest into something someone tells you to, insure that you have some knowledge.

[CodyAlfaridzi]

Simply because you're unlucky
lol jk, It's not only you! Most of the times it happen to me too when I bought altcoin

[unusualfacts30]

just change your strategy and trade opposite what you normally would  

seems like I should do opposite of my gut reaction but it's hard to differentiate between gut reaction and emotions when you're trading with real money. It's only after I lose money I can tell which feelling was gut reaction. 

[coinits]

I'm not sure I quite understand this. It has happened every single time I bought a coin. Whether it's BTC, VTC, XPY, BC, DRK or even LTC. It doesn't matter what I buy it shits itself as soon as my buy order goes through. As soon as I get tired and sell it starts going up. 

Because day trading cryptos is risky business.

[thompete]

I'm not sure I quite understand this. It has happened every single time I bought a coin. Whether it's BTC, VTC, XPY, BC, DRK or even LTC. It doesn't matter what I buy it shits itself as soon as my buy order goes through. As soon as I get tired and sell it starts going up. 

Well, it might be just luck. But sometimes, you can follow twitter handles of famous tipper and pickers .
They just suggest buying coins which would hopefully be profitable. Obvious, there might be other motives behind that, but you can always follow at first and test later.

[cassius69]

the worst traders in the world are attracted to crypto

[unusualfacts30]

the worst traders in the world are attracted to crypto

Only reason I like trading crypto is because you never lose 100% of your investment (as long as you're investing in trustworthy coins). For example: Even if you bought Doge during all time high there is still hope that some day it might get pumped back to that price again. You'll never lose 100% of your investment as long as you keep your coins. Even if you're investing $5..it'll never become zero and most likely it'll pump back to $5+ within few months. People say it's risky but they have never invested in forex where you lose 100% if shit goes down.

It's more of a waiting game and sometimes you have to wait for longer time period and that's what I hate.

[GGGGG]

the worst traders in the world are attracted to crypto

Only reason I like trading crypto is because you never lose 100% of your investment (as long as you're investing in trustworthy coins). For example: Even if you bought Doge during all time high there is still hope that some day it might get pumped back to that price again. You'll never lose 100% of your investment as long as you keep your coins. Even if you're investing $5..it'll never become zero and most likely it'll pump back to $5+ within few months. People say it's risky but they have never invested in forex where you lose 100% if shit goes down.

It's more of a waiting game and sometimes you have to wait for longer time period and that's what I hate.

In Forex yes, but it's due to high available margin. Above is correct about any currency in the world if you use zero leverage, so not only cryptos.

[yvv]

just change your strategy and trade opposite what you normally would 

This is what I was telling to my wife before GPS navigators were developed. She used to drive the opposite direction from what she needed with 99% consistency. I told her many times, that if she wants to go right, she must turn left instead. Sounds easy, but it never worked.

[coinits]

A lot of day traders look at the coins and see coin xyz is up 50% today I better get in on that action. Sometimes it will continue to rise and you do make some profit. Most of the time you will buy in at the peak and then a sell off occurs and you end up taking a loss and/or being a bag holder.

The trick is finding that coin before it breaks out but at the end of the day, while some will disagree, it is a risk.

[tokeweed]

it helps when you watch the markets daily so you get some sorta feel for it.  once you get familiar with the different markets, you notice gradual rising prices a lot sooner in some coins that become full blown uptrends later.  for example, take a look at NXT, it's slowly going up, it could be a good time to place a bet at these prices. but also be ready to take a small loss if your trade goes against you cos most of the time these breakouts more likely are fake and tend to reverse.

good luck.

[picolo]

If you are not following the market daily, you are likely to buy high and sell low because you are likely not to have an edge against other traders. Buy when people are selling : now; and maybe sell when everyone will be buying.