Do not buy after the price rises

[Lunaa 238]

Buying after the prices is already high is very risky. Because there's only two possibility in that matter. Either the price continues to rise or the opposite. Most people called them a FOMO, I think. Because they don't want to missed the chance of the rise.

[Imaankhan 208]

On 12/17/2019 at 2:19 PM, TeknoLightz said:

This is mainly because many people still haven't learn to control their emotions and trade only based on reasoning, for you to be a successfull trader you should be like a robot without emotions and only use your brain for decisions.

Yes you are absolutely right it is mainly because many people who do not have control on their emotions trading is not a game of emotions you have to use your brains only.

[Abo3laa 813]

That's obvious. you should choose the right opportunity to buy. 
But I'd like to make it clear that it's okay if I buy a currency that has gone up a small percentage, like1or 2%

[Kawuak 142]

Just now, Umefarwa said:

As yes absolutely right we should hold of the prices is the rises till the price go down then we should purchase

You are right wait till the price go down to the level you can afford to buy and then buy.

[fatima123 320]

It is the sentiment of crypto market every boom will gave one dip to the market we saw bitcoin goes high to 13000$ in 2019 and then goes down to 6600$ in 2019. So do not buy at high price buy in dip. 

[SuperCrypto 7193]

To find out more about the currency, follow the accounts of influencers in the crypto market, and follow the news of the cryptocurrencies because it will keep you informed of what is going on in the market and to see the projects, their new ones, their partnership and other topics.

[Nayem Hasan 57]

In fact, it seems to me,, it is a common mistake that if the bitcoin rate rises and does not fall for the medium term, they start to get angry and start buying bitcoin and these things bring them problems but this is almost a common mistake.  I am preventing you from going to all the youth.

Edited February 2, 2020 by Nayem Hasan

[Balegi 112]

After the price of a coin has gone high in the market, wait for correction and then sell... 

[Goody28 259]

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.

 

True you are right mate it's not adviceable to buy coins immediately after an increase in price because the price tend to fall any minute I will suggest that you buy when the price is low

[Sapdrx 469]

Well it depends. Sometimes with a sudden price increase a major resistance is broken. Then it would be interesting to invest anyway as the chance of further increase is very high.

[Xsimple 441]

Yeah you are correct a lot of newbie fall for that because they think that it will continue to go up and they do not know how to read the graph and that is their mistake.

[Hendy1 370]

Yes sometimes it can be detrimental or vice versa if we keep going against the flow. One expert said it was better to wait than be stuck. But if it's an uptrend I will wait for a little correction there and after that I will enter. Sometimes that moment can't come twice. Yes, sometimes taking a little risk in trading is normal and dare to make decisions for profit.

[SuperCrypto 7193]

When learning how to trade daily, there are vast amounts of trading indicators available to you. Focus on one or two to master how it really works.

[MuhammadSh 3067]

we have to study the movements of the price of the coin before decide to buy or sell

i think that this isn't easy like it sounds! nobody knows what would happen after the price rising!

[BTC Future 3946]

The best point to buy is after a dip stabilized. Just use fibonacci retracements, it is always the best indicator. Don't look at the 15minute candle, zoom out and look at daily and weekly. You will need patience and persistence. 

[Slaymind 25]

Always check the market or keep observation on the market because the price of the coin rises and falls on a daily basis.so do not buy when the price is less.buy when the price rises.

[Abo3laa 813]

21 hours ago, Loly said:

لا ترشح للفرص الضائعة في تداول العملات المشبعة حيث أن السوق مليء بالفرص التي يتم تجديدها يوميًا بسبب تقلب الأسعار. اجعل دخولك من القاع المحتمل للعملة واخرج من أعلى وأعلى سعر تم تحقيقه.

Yes this is the right thing, and the secret of the success of the trader because in case he saw one of them the price of the currency rises may think it will price high more and his challenge to the entry of the high price to get profits and suddenly be the opposite and the price this means loss

[duncun007 3577]

i see a lot of people falling for this one, whenever the market takes a big pump like when we saw bitcoin go from 7k to 10k you should not be buying and rather wait for a dump again to buy.

[kamalnewaz 150]

Do buy or not.Different people have different mind, some are buying and some are not.Sometimes the price rate will be raised and people buy then, otheres are not buy at the same time, i think it up to you.        

[Naga 1250]

48 minutes ago, kamalnewaz said:

Do buy or not.Different people have different mind, some are buying and some are not.Sometimes the price rate will be raised and people buy then, otheres are not buy at the same time, i think it up to you.        

he said this because he knows and we all know that when the market goes up a lot of people will FOMO on bitcoin or any other coins but they end up being burnt when the market dumps.

[duncun007 3577]

On 12/24/2019 at 12:56 AM, BitCryptoCoin said:

If price rise and  someone bye cryptocurrency maybe Bitcoin or other cryptocurrency the person will lose so I will advise to sell if price increase and by if price reduce.

well you should not be waiting for the market to go down and then sell, you should make your own predictions of the market and sell before it goes down.

[Sapdrx 469]

Just now, yoasswbi21 said:

This is a very bad strategy because the very high money will immediately fall for whale manipulation. You must buy bitcoins at the same time buy them at low prices

I think you need to look at the long term movements. If BTC breaks to a higher level and crossed some major resistance it's ok to buy if the upward trend is confirmed. This means that prices may look high but will become higher in the nearby future.

[Naga 1250]

i think this would be a tricky one because this is what most people did during the altseason as they saw coins going up and they didnt wanna buy because they thought it will dump and they missed out on altseason.

[Jhadhasan 872]

John Murphy says the trader's friend is the trend and he means that you do not enter in the opposite direction of the general price, but unfortunately many people misinterpret this statement and apply it after the price explosion occurs and this is called suicide.

[Gunhoo 91]

I usually will wait for the price to have correction or the price to slow down a bit after the rises. Because it's quite risky to follow the uptrend when all of the prices are already high.