Post
Topic
Board Speculation (Altcoins)
Re: When Will You Start Buying Again
by
KiloFoxtrot
on 29/04/2020, 16:06:59 UTC
Buy cryptocurrency will start when the whales want it. And now I don't know how to make money trading, because there are a lot of losses.
You need to use trading bots, this will significantly reduce your risks. Cheesy
Even most of the exchanges use bots. Angry Angry
I recommend this resource https://tradingbot.info
Just for beginners it will be useful

Thanks for the link and I hope I could apply it later as well.


I will buy again when the price is in suppor, some people say on the telegram that Bitcoin will experience DUMP before continuing its bullish trend,
of course this makes me see the situation for now, keep watching
Does this recovery not show that the price is in the support line? if so, maybe you will buy it when the price is in the range of $8k and I'm sure it will be achieved in the near future. But for me personally, it would be better to buy it now so that you can make a little profit when the price touches the next support line, because when the price continues to rise and then you buy it, I'm sure you will become a FOMO and will lose afterwards, because when the price crosses the support line next it is very possible the correction will happen again soon.

It does make sense though if you apply a 2-prong approach when investing, having a back-up plan doesn't hurt when you're already decided on how to proceed when the price goes up or down at any given time.


Whales are the people who often manipulate this market and they often decide the price of crypto so you need to think carefully before investing. I think one way or another the price of Bitcoin affects a lot of investor sentiment because if Bitcoin goes up the whole market will go up together. Of course this is just my mind and not always accurate.

I agree! I've been burned before and I've somehow learned my lesson already. Hopefully, it'll be payback time soon after the halving occurs.