Do not buy after the price rises

[deepown 0]

And what about buying during the time the price is rising, is it good or bad?

[Nurul Huda 944]

On 1/19/2020 at 4:09 PM, Traderbtc28 said:

 You are right, buy only when the price drops, if possible at the lowest level, if the price is still above the average or the threshold,your trading map is better you don't buy it and don't rush.

This is just a very good suggestion and I like your way because this is a good strategy for me, because I will buy when prices go down which may see at the lowest level so I can sell them when prices start high so through trading we can't rush to do it.

[Opinder 1310]

On 12/17/2019 at 12:02 PM, Loly said:

 

The common mistake of almost all new investors is that you buy a cryptocurrency at a time when its price has increased rapidly and in a short period.

 

 Let us assume that the price of bitcoin at the present time is one thousand dollars and without notice it has become two thousand dollars in the first week and then three thousand then five and then seven thousand dollars, do not mistake and think that it will always go up because it will reach the saturation stage and its price begins to fall and this is the nature of the markets, the price correction is coming and opportunities always Repeat.

 

 TIP: Never rush and know that the moment you know the news of a rise in high numbers, it will be too late to buy it, and look for other opportunities.

 

Not only new investors do mistakes to buy coins at high price even old users also do same mistakes. Because we can not predict crypto. I also think that it is starting of crypto and may crypto coins not fall again then we should buy them when you feel it is good price to buy. And if anyone does this mistake then he should not worry and keep those coins for long run. Crypto has great scope to grow. Best of luck.

[Muhammad ayyan 811]

Yes for beginners it is very useful post. They don't know the real time of purchasing crypto currency. They purchase it when its price goes high and stay there for some time. They think that the price never goes back Down so thats why they purchase it. They should buy when prices are down

 

[Muhammad atif iqbal 569]

On 12/17/2019 at 5:12 PM, imdad123 said:

very common mistakes that are made by many investor if some coins or token are on all time peak then they buy it and then thats change from bullish to bearish and investors lost its money.

When I start Crypto trading I did not control my emotion and put trade when market is rise and I lost my capital crypto trading is a risky business and it's require our patience in my opinion if we him control over emotions then we will make our trade 50% successful I learn sofar in my trading experience never put trade when market in bullish mode buy a coin when market in going going down and put your sell order when market is rise

[Sapdrx 469]

1 minute ago, Sumon023 said:

very common mistakes that are made by many investor if some coins or token are on all time peak then they buy it and then thats change from bullish to bearish and investors lost its money.

But how would you know when the peak has been reached. Somethimes prices seem high but actually are undervalued looking at the profit and potential of a coin. So i think it's a bit more complicated.

[duncun007 3577]

On 12/18/2019 at 6:14 AM, Superred said:

It's called FOMO and basically people too rush and fear will missing the rally so they will buy at high price but often to see when people already buy the coins then the price gradually fall and they lost their money

i think FOMOing in the right time will be the best thing to do because those who bought bitcoin back when it was at 7000 back in 2017 were told they were fomoing but we saw it reach 20k

[Hydroiix 63]

Actually, it depends because if we say to not buy a crypto currency after it rised up should we buy when it crashes then ? The answer is no. It's all about analyzing the crypto-currency and see how it'll goes if it's worth to invest at the time or not at all.

[Sohel Rana 406]

On 12/17/2019 at 12:32 PM, Loly said:

 

The common mistake of almost all new investors is that you buy a cryptocurrency at a time when its price has increased rapidly and in a short period.

 

 Let us assume that the price of bitcoin at the present time is one thousand dollars and without notice it has become two thousand dollars in the first week and then three thousand then five and then seven thousand dollars, do not mistake and think that it will always go up because it will reach the saturation stage and its price begins to fall and this is the nature of the markets, the price correction is coming and opportunities always Repeat.

 

 TIP: Never rush and know that the moment you know the news of a rise in high numbers, it will be too late to buy it, and look for other opportunities.

 

It was 2016 when I was new in crypto market that time I didn’t understand crypto market and brought some pumping coin. After dumping those coin I lost my fund. Now I am very   careful about crypto market and never buy any pumping coin.      

[bliznec 22268]

As a rule, after a price increase, there is a flat, and the cryptocurrency that increased in price can be lowered. You just have to wait a little while the coin is stabilizing. 

[Remember 5th of November 121]

On 12/17/2019 at 8:32 AM, Loly said:

 

The common mistake of almost all new investors is that you buy a cryptocurrency at a time when its price has increased rapidly and in a short period.

 

 Let us assume that the price of bitcoin at the present time is one thousand dollars and without notice it has become two thousand dollars in the first week and then three thousand then five and then seven thousand dollars, do not mistake and think that it will always go up because it will reach the saturation stage and its price begins to fall and this is the nature of the markets, the price correction is coming and opportunities always Repeat.

 

 TIP: Never rush and know that the moment you know the news of a rise in high numbers, it will be too late to buy it, and look for other opportunities.

 

Thanks for this important advice for new members and traders here , personally I don't buy any currency move more than 10% in 24 hours 

[deepown 0]

16 hours ago, BitCryptoCoin said:

To buy when the price is rising can be a bad idea. But with good analyses it can be a good idea. Buying now is a good idea due to the analyses I made. 

Does buying now means buying now that the price is at 9700?

[Nickibae 130]

On 12/17/2019 at 7:32 AM, Loly said:

 

The common mistake of almost all new investors is that you buy a cryptocurrency at a time when its price has increased rapidly and in a short period.

 

 Let us assume that the price of bitcoin at the present time is one thousand dollars and without notice it has become two thousand dollars in the first week and then three thousand then five and then seven thousand dollars, do not mistake and think that it will always go up because it will reach the saturation stage and its price begins to fall and this is the nature of the markets, the price correction is coming and opportunities always Repeat.

 

 TIP: Never rush and know that the moment you know the news of a rise in high numbers, it will be too late to buy it, and look for other opportunities.

 

Thanks for your above advice since it will help me in terms of trading  wisely  I now know the right time to buy a coin

[Shahud 1319]

Yes..if any coin's price go up in a very short time then we should avoid buying same coin.usually we should buy te aby coin at  bottom price and hold it for some days or a good moment where that coin go upto its peak point

[BitMart 326]

Crypto is all about volatility so just because of this its right decison never buy when trand is on rise because this can drop immediatly so just keep cool and wait for market sentiments for this all best option is you need to keep eye on market because its very important in cryptocurrency investment if someone want to buy as market is on rise then still its not bad as this can go further.

[Akash crypto 128]

Yes, we should always buy any coin when it's price is less, and should hold it for some time and when it's price rises at it's best then sell it, don't buy when it has huge price.

[kadayakito 765]

I only buy when its value drops, it increases, I think this is an opportunity again, and will not sell right away. Buying after price increases is probably not good

[Whydoyoucare 1094]

The best example is bitcoin, when bitcoin hitting the chart a lot of people bought it at 20,000$ little did they know they think it will keep rising, however they were all wrong. bitcoin suddenly falling and make's them panic.

[Apple 202]

Even after you buy at the highest price you can still sell it to cut losses when prices fall. You still have a chance to make a profit next time as long as you still have capital. Never give up.

[Morganshtern 1774]

If only traders learn this simple trick they are really going to be way more profitable and they are going to definitley have less losses on their trades too.

[Akash crypto 128]

Yes, we should always buy any coin when it's price is less, and should hold it for some time and when it's price rises at it's best then sell it, don't buy when it has huge price.

[Maaz sultan 265]

No it not a good time when all the crypto currencies are reaching to their top position and this is a profitable method for all the new crypto investors .

[Ayush Singh 1175]

Exactly you should not buy the coins when the prices are high because it will not give you good earnings or profit the best time to earn good profit is when the price of it is low which will give you high profit when it will be increased. 

[KURTAULI 1297]

An experienced trader can also make a mistake and buy cryptocurrencies at a high price. There are bad and good times in trading

[khan22 3478]

On 12/17/2019 at 11:32 AM, Loly said:

 

The common mistake of almost all new investors is that you buy a cryptocurrency at a time when its price has increased rapidly and in a short period.

 

 Let us assume that the price of bitcoin at the present time is one thousand dollars and without notice it has become two thousand dollars in the first week and then three thousand then five and then seven thousand dollars, do not mistake and think that it will always go up because it will reach the saturation stage and its price begins to fall and this is the nature of the markets, the price correction is coming and opportunities always Repeat.

 

 TIP: Never rush and know that the moment you know the news of a rise in high numbers, it will be too late to buy it, and look for other opportunities.

 

Most of time i buy the coins and i lost every thing becasue after that market will comes down and the coin value is decreasing in the market, no one exact know that whihc coins will give us good profit in the market and now i am waiting for the good time.