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Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Amaru
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 May 1 2021, 04:15 PM
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QUOTE(Snoopie @ May 1 2021, 12:07 PM) Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion My personal experience: in terms of profit, I would have made a lot more if I had just hodl instead of trying to time the market.  For newcomers entering the market now, it is harder to hodl. If they had bought BTC at $64k, they would be panicking still. During current dip, a few forumers predicted BTC would go below 40k, and crypto marketcap would be wiped out by 50%. The preferable time to buy is when prices are red, not when everything is ATH green. |
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andrekua2
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May 1 2021, 04:59 PM
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QUOTE(-kytz- @ May 1 2021, 12:17 PM) Most likely you stand to gain more from buying alts like defi or even bsc shitcoins. My advice would be very different if bitcoin is currently at $4,000 in March 2020 but now btc is at $58,000 so that's something to think about  Bitcoin I think might hit $100-200k, maybe even 300k during this bull run peak which I think will be end of this year or Jan 2022. And of course the bear market will be equally glorious; 80-90% correction which may very well last 2-3 years like the 2018-2020 bear market due to the involvement of institutions. inb4/institutionsareourfriends Trading on the other hand is a totally different ball game. 99% never became profitable traders even after a number of years Personally I'm not too concern about the dip because bitcoin still the main driver. What I'm more concerned about is how government around the world is starting to dip their hands into bitcoin, namely China and USA. It seems like they want to grab it and hold it back before it becomes a bigger problem in the future. |
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ljken
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May 1 2021, 05:26 PM
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Shopping for alts now very fun. Almost as if it’s 2017...
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icecreamcake
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May 1 2021, 06:18 PM
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regret panic SL xrp and btc during previous correction, if not already profit from it..
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lordirfan99
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May 1 2021, 06:40 PM
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Getting Started
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QUOTE(icecreamcake @ May 1 2021, 06:18 PM) regret panic SL xrp and btc during previous correction, if not already profit from it.. never. Panic. Sell. Bro come on. This is not stock exchange. This is crypto. If u cannot tahan 15% lose u do not deserve 150% gain. HODLLLLLLLLL |
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andrekua2
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May 1 2021, 07:08 PM
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BTW,
Do you guys hate how the 24hr change % works? I really can't get used to it.
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Amaru
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May 1 2021, 07:38 PM
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QUOTE(andrekua2 @ May 1 2021, 07:08 PM) BTW, Do you guys hate how the 24hr change % works? I really can't get used to it. It's just the percentage change in price since the day before at that time. |
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andrekua2
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May 1 2021, 09:26 PM
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QUOTE(Amaru @ May 1 2021, 07:38 PM) It's just the percentage change in price since the day before at that time. Really? I don't feel so. I find it too confusing. It will kept moving up and down when there's couple of huge uptick or downtick. Example...  This post has been edited by andrekua2: May 1 2021, 09:30 PM |
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ktek
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May 1 2021, 10:11 PM
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QUOTE(andrekua2 @ May 1 2021, 09:26 PM) Really? I don't feel so. I find it too confusing. It will kept moving up and down when there's couple of huge uptick or downtick. Example... now time is 10pm he drop 4.86% compare to yesterday 10pm |
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andrekua2
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May 1 2021, 10:22 PM
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QUOTE(ktek @ May 1 2021, 10:11 PM) now time is 10pm he drop 4.86% compare to yesterday 10pm Yeah... That's why it's very hard to use. It's hard to monitor these coins when it's behaving like that. |
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andrekua2
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May 1 2021, 10:24 PM
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QUOTE(Davez89 @ May 1 2021, 02:15 AM) All in LUNA Current price 16.7usd Thanks for your suggestion. Anyone holding RUNE? |
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ktek
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May 1 2021, 10:26 PM
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ignore it. pointless to me oso
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walabies
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May 1 2021, 11:00 PM
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QUOTE(ljken @ May 1 2021, 05:26 PM) Shopping for alts now very fun. Almost as if it’s 2017... Not financial advice, I shopped AAVE and SOL few days back  Any new recommendations? QUOTE(lordirfan99 @ May 1 2021, 06:40 PM) never. Panic. Sell. Bro come on. This is not stock exchange. This is crypto. If u cannot tahan 15% lose u do not deserve 150% gain. HODLLLLLLLLL Been through 25-30% correction, it was very painful.  QUOTE(andrekua2 @ May 1 2021, 07:08 PM) BTW, Do you guys hate how the 24hr change % works? I really can't get used to it. I normally memorize the price I bought. Thus it is easier to navigate thru the market. This post has been edited by walabies: May 1 2021, 11:02 PM |
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maxZibel
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May 1 2021, 11:16 PM
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Getting Started
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QUOTE(Snoopie @ May 1 2021, 12:07 PM) Actually want to ask, how do people play buy low sell high? Example buy 1 btc in early days: Bought at 190K Sold at 230K Profit 40K Then see the market strong, buy at 240K (190K+40K=230K). End up top up +10K to enter back into crypto market. Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion woah this was actually a great point to ponder. This too got me thinking, alot.. thanks bro.. I'm guessing if i actually sold at a high (made profit), and subsequently bought the dip along with additional units / btc from the profit i made.. I believe i would have made more than if i just hodl and not sell. (cause i keep adding units) thanks again for the question heeee |
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CSW1990
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May 1 2021, 11:29 PM
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QUOTE(Snoopie @ May 1 2021, 12:07 PM) Actually want to ask, how do people play buy low sell high? Example buy 1 btc in early days: Bought at 190K Sold at 230K Profit 40K Then see the market strong, buy at 240K (190K+40K=230K). End up top up +10K to enter back into crypto market. Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion The one people say after sell renter when the price drop, means buy at the next correction. Need use technical analysis and only buy at the support, sell at resistance.. If support broken need to find the next support to average down or cut loss/sell portion. Of course it will drop impossible one stock/crypto only go up never correction one. Like bitcoin it goes up with higher low higher high |
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raptor_cZn
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May 1 2021, 11:56 PM
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QUOTE(Snoopie @ May 1 2021, 12:07 PM) Actually want to ask, how do people play buy low sell high? Example buy 1 btc in early days: Bought at 190K Sold at 230K Profit 40K Then see the market strong, buy at 240K (190K+40K=230K). End up top up +10K to enter back into crypto market. Hence do buy low sell high only work for short term, and not long term? and a lot of people say after sell, wait until the price drop. But what if it doesn't drop? Like now, we don't see 190K btc (which is just few months back). Open for discussion You don't have to buy back an entire btc. You can opt to use whatever initial capital you are comfortable with. E.g. Use 190K to buy ~0.8 BTC. Meaning not using your profit to re-invest |
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ljken
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May 2 2021, 11:44 AM
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Summoning SmallPenguin. Please, crash the market.
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andrekua2
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May 2 2021, 12:48 PM
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Sold Fio... Fall back to my buying price...
Should have taken profit at 40c
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SmallPenguin
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May 2 2021, 04:09 PM
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QUOTE(ljken @ May 2 2021, 11:44 AM) Summoning SmallPenguin. Please, crash the market. Wait till me finish LOTR first then I will take a look again, third movie now  |
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