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josephrioveros123

Coin price going up and down

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I made this post for me and other new traders to know how the coin value goes up and down.

I make a trade on yobit.net I think that when many buy a certain coin the coin goes up. But when I bought the coin and I see that many users bought a lot of that coin but still the that coin price goes down. What do you think the other reason on the price of the coin to go up and down.?

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21 hours ago, josephrioveros123 said:

I make a trade on yobit.net I think that when many buy a certain coin the coin goes up. But when I bought the coin and I see that many users bought a lot of that coin but still the that coin price goes down.

That's the reason right there! Don't buy a coin that's already gone up! You should buy a coin that's gone down! Buy LOW, sell HIGH. Not buy HIGH. You need to do the opposite of what everyone else is doing - buy the coins that are at rock bottom, but still have a good volume. Don't buy a coin that's going up in price!


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i think you are new traders and you still dont know the market sycologique , when you see many traders buying is not mean the coin is will pump and when you see traders selling not mean exactly that the coin will dump .

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4 hours ago, williamz902 said:

That's the reason right there! Don't buy a coin that's already gone up! You should buy a coin that's gone down! Buy LOW, sell HIGH. Not buy HIGH. You need to do the opposite of what everyone else is doing - buy the coins that are at rock bottom, but still have a good volume. Don't buy a coin that's going up in price!

I think your right. But I'm sticking on the more popular coins. I don't buy the low value coins. Because it's too dangerous. Some coins just suddenly loose all it's value that is why I don't really put my coins on an unknown coin. But I always buy the from high to low. Value of coin. Then sell it when I got a small profit from it. I don't really try to hold it for too long and try to have larger profit. I think a small profit will be good and then I try other coins. 

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On 10/27/2019 at 5:06 PM, AshaBegam said:

It is because of pump and dump. When investors pour in money the prices go up and they sell it immediately taking profits collapsing the particular coin lmao 😄 

Yes it is, as the pump happen when the big whale invest a huge amount of money and the dump happen when the big whale move a huge amount of money.


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Crypto investors take profits and wait for a pullback down to again go to the lows and move cryptocurrencies to new records. They sell the crypto for several approaches, so that after each big sale there is time for the price to grow, because the crowd usually buys the crypt after every sharp drop.


 

 

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I think you got carried away at the moment, maybe that coin had already risen in previous days, you were part of the Pump and dump.

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The market is very volatile and unpredictable. Price increases and decreases are somewhat normal in the world of cryptocurrencies. A rumor is enough that the price will change its direction.

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8 hours ago, SarapCrypto said:

I am sure that you are not doing the right thing at the right time. Timing is everything in trading so when the timing is wrong then you can probably lose some money. Determine the many factors that can affect the movement of the coin. Maybe next time around you can go against your own hunch. Please update us later on your success or failure.

I think it will be a long time before I recover my investments. Because I trade using BTC to other ALT Coins. And I think the value of BTC is became higher that is why my trade didn't have profit instead it had down fall. Maybe next time I won't use BTC as a medium of trade when BTC is becoming higher. I should try to research first the trend of what is happening now. But I won't exchange my alt coin to BTC yet. I will be patient and wait until I will have profit from it.

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many coins in yobit or binance ..etc are completely controlled by trading bots they're doing a great profit selling real traders in high prices then buying again in low 

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its all about supply and demand and their relation so if the demand increases and the supply remains the same then it leads to higher prices but if the demand decreases and the supply remains the same then the prices become lower and this how investors make their profit with this same old trick 

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Trading is difficult if you miss the right time to sell or buy I have a friend who always chooses coins coins of small values and he always manages to win with a highly unexpected.

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Coins prices going up and down on the crypto market is very usual thing, if you want to trade in crypto currencies you have to get used to the high volatility of prices on the market.

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Coin price is going up and down but traders are watch the situation is must and realize the when is the trading time and holding time Then you don't feel up and down 

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before you ask about why price go up and down you should've done your research on that coin before buying it because the price of the coin goes up if there is good news on it.

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On 10/28/2019 at 2:37 PM, iloveyobit said:

i think you are new traders and you still dont know the market sycologique , when you see many traders buying is not mean the coin is will pump and when you see traders selling not mean exactly that the coin will dump .

May be you are correct regarding the pump points but the issue here is that it is true that if many people are going for the buy trade then it will also go to the buy trend.


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On 11/2/2019 at 11:00 PM, Ajish anto said:

Coin price is going up and down but traders are watch the situation is must and realize the when is the trading time and holding time Then you don't feel up and down 

Yes nowadays usually the price is down it is better to wait, so lets just and wait for the moment not to afraid the price now is not permanent. Maybe someday the bullrun comes. 

On 11/2/2019 at 11:00 PM, Ajish anto said:

Coin price is going up and down but traders are watch the situation is must and realize the when is the trading time and holding time Then you don't feel up and down 

Yes nowadays usually the price is down it is better to wait, so lets just and wait for the moment not to afraid the price now is not permanent. Maybe someday the bullrun comes. 

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It is the circulation of money between several coins of low values, I have my little remark on this subject. They work as a team on one piece and after they pull profits they jump to another!

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If you see some thing like that coin is going down that's means the one holder of that coin is selling it with low price. But if the coin is going up that's means the buyer of the token is buying it with high price but if the market is stable it means investors are selling and buying in market price.

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We cant predict what coin will up in this coming years, so the best thing right now is buy the low price coin and hold it and wait until it price up. but still there's a chance that coin you buy will not rise, so this is a risky decision.

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Coin prices will continue to move according to demand and supply. Prices will fluctuate if the daily transaction volume is very large because this means that investor interest is very high. It is natural in any market whether stock or forex prices fluctuate and the most important thing is we are able to take profits from these price movements

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On 10/27/2019 at 2:56 PM, josephrioveros123 said:

I made this post for me and other new traders to know how the coin value goes up and down.

I make a trade on yobit.net I think that when many buy a certain coin the coin goes up. But when I bought the coin and I see that many users bought a lot of that coin but still the that coin price goes down. What do you think the other reason on the price of the coin to go up and down.?

I think its obvious that you bought that first coin out of luck without any prior research and then proceeded to make the same mistake again and hoping you'll make some gains again... crypto does not work like that.

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On 10/27/2019 at 7:56 PM, josephrioveros123 said:

What do you think the other reason on the price of the coin to go up and down.?

The other reasons why the price goes oppositely because it was manipulated by some big holders.


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On 11/2/2019 at 3:00 PM, Ajish anto said:

Coin price is going up and down but traders are watch the situation is must and realize the when is the trading time and holding time Then you don't feel up and down 

As a crypto currency trader you should be able to analyze the market and know what is the best time to trade and what is the best time to hold.

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2 minutes ago, Casinoval said:

As a crypto currency trader you should be able to analyze the market and know what is the best time to trade and what is the best time to hold.

Analysing the market movement is always the best way before entering in any coins and dont let your emotions control because it will only cause you harm in trading.


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