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Loly

Do not buy after the price rises

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Yes I agree with you never invest in already pumped coin or fastly pumped coin first analyze market or research about coin then invest.

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1 hour ago, Md Rakib Mia said:

I am new user i dont know about this. But i thing it is the right choice, it goes with your value after getting the currency because traders may face the right loss after getting the rising currency.  Thank you so much 

Buying any coin at high price is just crazy. best time to buy a coin to come its least price.there may be having many hypes about the coin price on that you should not concentrate

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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.

 

That is true, and actually this situation is called FOMO (fear of missing out). Mostly immature traders get into fomo and when price dips they struck on single trade. Few time ago i was also experienced these fomos.


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right! after the increase in price you will be needing to wait for more days until correction and drops in price happens,because in every increase there are decrease so wait for it first.

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I will say always trade from the area of value.that's means buy support and sell resistance. You can also buy at higher price but it works in few markets like stocks.  storks normally doesn't come very low and keep going higher and higher so you have to wait a little bit for it. To come to the area of value. Then enter the trade. 

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This is not easy decision because many time if price rise then we have not good chance to reverse this so then we feel not good but few time this can go in good way because its market nature and rise fall happen very commonly just need to check things related to happen with this if you feel supply and demand is level then surely never do this mistake.

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Yes.my friend you are right. We should.be always.needed to buy the coins when the price is low and need to sell it out.when price is.high. this is the main idea.

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On 12/18/2019 at 2:59 AM, CAGEGG said:

In fact, you need to look and analyze the market before buying, since you can buy at the highest point and the recession will begin

In order for you to become a successful trader, you should be like an emotionless robot and only use your brain to make decisions. Most of the best positions will be buying dip, but also pay attention to volume. If there is a gap in the matching tool, you may be stuck in the embedded.

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This needs to be remembered in everyone's experience, so as not to repeat mistakes again because many of the majority of people who still buy bitcoin prices when high
 

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I agree with you that no one should buy after we see a price rise.

But the amount of this rise is important. Sometimes the price rise has just begun. In this case buying is still a good move. But, you need to experienced to know this.

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It is indeed not recommended for every trader to do, but if you believe it will rise even higher. Then it doesn't matter if you buy when prices go up.

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To buy a currency after its price increases is not good and has great risks and it is not present. This strategy is only for beginners because they do not know trading.

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It’s a very common mistake that investors and members do. They mistakenly buy when prices used to raises. For this reason  in future they suffer a huge loss in trading or selling coins

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I call that as an immediate decision making that is caused by an excitement because of a sudden pump of a coin. Sometimes it's good to buy it when it's price is currently increasing, because it's price might continue to rise even more. But that is very rare, so if you would choose that, you will be risking a lot. But keep in mind that the an early bird catches the worm. Keep watching and waiting for that moment and grab it immediately.


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On 12/17/2019 at 8:59 PM, CAGEGG said:

In fact, you need to look and analyze the market before buying, since you can buy at the highest point and the recession will begin

That is the key to success in crypto but many fail to do such analysis, read the condition of many coin before you purchase one and make sure it is a reasonable one

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buy or not, it depends on the situation. however, when you need certain crypto, you can buy it at any time, and there isn't really the right time for it. it's just that, when you buy it when the price goes up, it might be a little expensive.

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On 12/17/2019 at 7:12 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.

A common mistake that almost all new traders make is that if Bitcoin's exchange rate rises and doesn't decrease in an average time gap, they get angry and start buying Bitcoin and things. This causes problems for them. In order for you to be a successful trader, you should be like an emotionless robot and only use your brain to make decisions.

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That’s one of most popular mistakes of traders, they think price will raise but it need a good and long analyse of price graphic

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I know this error, this error many people make and they complain that I couldn't find the time or panic so I bought, I think this comes from not having enough knowledge and experience.

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On 12/18/2019 at 2:59 AM, CAGEGG said:

In fact, you need to look and analyze the market before buying, since you can buy at the highest point and the recession will begin

In order for you to be a successful trader, you should be like an emotionless robot and only use your brain to make decisions. Most of the best positions will be to buy embedded, but also pay attention to the volume. If there is a gap in the matching tool, you may be stuck in the embedded. Never let FUD or FOMO be the reason you go too high or sell too low.

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We all know that when the price rises it is very difficult for us to earn that way, so we should be patient in that

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Yes this is the best tactic in crypto that whenever the price goes up do not buy any currency on its high because the price suddenly experience the down trend

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Sometimes panic buys can kill your trading balance, you see price start decreasing and buy, but it goes lower and lower

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