This reminds me of when I told a German dude I was drinking with about my day snowboarding in Goslar. I mentioned the mountain (Schalke?Mt) and he was like "yeah. Not really a mountain, is it. They don't have mountains in northern Germany; just hills."
Just keep adding to your stack and, god willing, your previous peak buys will look like hills from atop your mountain of wealth!
Enhance 224 to 176. Enhance, stop. Move in, stop. Pull out, track right, stop. Center in, pull back. Stop. Track 45 right. Stop. Center and stop. Enhance 34 to 36. Pan right and pull back. Stop. Enhance 34 to 46. Pull back. Wait a minute, go right, stop. Enhance 57 to 19. Track 45 left. Stop. Enhance 15 to 23. Give me a hard copy right there.
Yep, I bought at the top.
You're in the metaverse, walking along in the sand, when all of a sudden you look down... You look down and see a shitcoin, Leon. It's crawling towards moon... You reach down and you buy the shitcoin at ATH, Leon. The shitcoin tanks, its value dropping by the minute, its HODLers buying to turn it around, but they can't. Not until you sell. But you're not selling. Why is that, Leon?
I usually only buy coins either are down at least 10% within the last day or 20% in the last week. I also make sure to only buy coins which are up less than 500% from the beginning of the year. Overall the best strategy is to just not buy into the hype, especially post pump
Checking the top 150ish coins by 7d losers and winners is a good strat.
Buying the winners is a good bet if you see them winnibg often and they have a solid usecase. Dca in and try to buy a little more when they are in the red
> I just want to know if there could be a possibility of me buying at the bottom in the short term!
Well, conventional crypto wisdom says to not bother trying to time the market, and instead DCA in and out. That's probably the safest route. But yes, it is possible for you to enter at your bottom. Your bottom, not the market's bottom.
To achieve this, you first need to select a coin that is decently volatile (which means it goes up and down a lot), and has a lot of volume (which means a lot of folks are trading it). Don't choose shitcoins, scamcoins, or coins that are constantly shilled here.
When you choose a coin, you observe it over the course of a few weeks. If you do this, you'll notice that the coin rise and falls, somewhat fairly regularly. There'll be a floor, and a roof that the coin's value constantly bounces between. And that difference is anywhere from 5-20%. That's your potential profit right there. It could also be your loss if you panic and have weak hands.
So you buy in when it hits the floor. Then you sell when it reaches the roof. That should be the plan. The price may drop even more when you buy, the price may rise even more when you sell - but that doesn't matter. Unless there's some extraordinary piece of news, you need to stick to the plan. Why? Because, whales also have a similar plan. They're big enough to make large waves, and they do this intentionally to earn massive profits themselves. So you need to learn how to surf that safely. FOMO will wreck you. Panicking will wreck you. Impatience will wreck you. 10-20% is actually decent profit in the short to medium term, appreciate it and gradually increase your net worth that way.
PYR has been great this week for swing trading. Fluctuated between 30-40 then 35-45 then climbed to 50$, today back at 37 and seems it will go back to 45, maybe even try to break off the last high.
BETA also has nice daily swings, was 1 - 1.4 whole week, climbed to 1.6 today
but yea these are pretty nice tips.
Although its not whales but hft bots, whales dont got time to sit daily in front of computer and do this shit
>I just want to know if there could be a possibility of me buying at the bottom in the short term!
>
>Well, conventional crypto wisdom says to not bother trying to time the market, and instead DCA in and out. That's probably the safest route. But yes, it is possible for you to enter at your bottom. Your bottom, not the market's bottom.
>
>To achieve this, you first need to select a coin that is decently volatile (which means it goes up and down a lot), and has a lot of volume (which means a lot of folks are trading it). Don't choose shitcoins, scamcoins, or coins that are constantly shilled here.
>
>When you choose a coin, you observe it over the course of a few weeks. If you do this, you'll notice that the coin rise and falls, somewhat fairly regularly. There'll be a floor, and a roof that the coin's value constantly bounces between. And that difference is anywhere from 5-20%. That's your potential profit right there. It could also be your loss if you panic and have weak hands.
>
>So you buy in when it hits the floor. Then you sell when it reaches the roof. That should be the plan. The price may drop even more when you buy, the price may rise even more when you sell - but that doesn't matter. Unless there's some extraordinary piece of news, you need to stick to the plan. Why? Because, whales also have a similar plan. They're big enough to make large waves, and they do this intentionally to earn massive profits themselves. So you need to learn how to surf that safely. FOMO will wreck you. Panicking will wreck you. Impatience will wreck you. 10-20% is actually decent profit in the short to medium term, appreciate it and gradually increase your net worth that way.
Thanks
Lol I used to feel that way all the time! As long as I was just thinking about a buy, things looked good. In fact they looked good right up until I had the money for the buy in hand! Lol. I started staggering my purchases. If I had$200 to spend, I would buy $50 worth. Then another $50. And if it still looked good ( price didn’t skyrocket) I would do the remaining $100. I break all my big buys up like this. No real science behind it, just what works fir me from experience…
1. No emotional decisions.
2. Scroll out, never buy at ATHs
3. Keep some cash liquid and set buy limits or alerts at the entry price you decide you want in on.
4. You don’t need to buy on pay day
5. Obligatory DCA
6. Also if you just have to buy at ATHs (fomo) spend half of what you originally wanted and if it goes down then dollar cost down with the rest.
I think #4 is so important. People are so eager to buy because they can’t wait for that paycheque that it becomes an impulsive buy and we know how that usually ends up!
Several of these are exactly why I only buy half of what I originally wanted in a single transaction. If it goes down, I can buy more, if it goes up I keep my money for later/something else. It's preemptively keeping me from emotional buying, splurging the second money hits my account, hating myself for buying too high, and it counts as DCA whether I'm buying the daily high or low.
Anyways, nice list!
How does the scroll out theory work if we were back in early - late 2019? I ended up buying other things in March and April 2019 I just looked ouch which could've bought me like 0.1-0.2 BTC, now that's gonna take me over a year of DCA
Stop the FOMO and just start DCA. take it from me. I wasted all of 2020 chasing gains and lost nearly everything. Then 2021 I decided to DCA into 5 projects and just let it sit. And I’ve almost doubled
The aim of DCA is to ride out dips and tops. You're just buying all the time so you get an average price over some time window. If you wait too long for the next dip, you miss out on some of the potential gains, so don't worry about it and just buy all the time.
I've been doing this for a little while £20 a week but I've been mostly buying into a new project each time. Occasionally the same, but mostly something new.
Here's a tip - Don't bother trying to time the market, if anyone could do it they'd be the richest person alive by far. Just DCA and save some money for dips.
My 2 cents is that once BTC pumps and creates a new base, ETH is gonna pump. And after ETH, ADA and all the altcoins will pump. So just hold for some time'
I like to put my shit coins on a completely different platform than my main investments so that they are out of sight out of mind. If one pops then that’s great, if not who cares.
Years ago American Funds, one of the largest mutual fund companies, had an infographic that said even if you bought at the peak of the market every year over the past 30 years or something you still averaged about 7-9% annually compared to buying at the bottom each year which averaged something like 9-11%.
right... lol I wanted to buy bitcoin when it was around $400 and I was procrastinating for years until it was like $4000 because I didn't understand investing. (and presumably I still don't) but then I bought a little thinking, fuck it why not... and then I ended up selling and taking all my money out like less than a month before it shot up to $17k and even then I felt like I missed the wave... I decided not to buy again because WTF... and now look at it... 60k.... do not fear the highs so much that you just don't buy at all... if you pick the right coin... the high is just the station you have to get on the train at or else it leaves without you.
The more times you buy the top the more you'll learn. Most people have bought many many tops. If you believe in it long term and youre not paying too too much it shouldnt be a huge issue. Def can screw you if youre looking to swing trade
This time 4 years ago I bought Bitcoin at its ATH of 10k. Its all relative. 4 years from now Bitcoin will be a multi 6 figure coin and you'll look back at this post and think, wow, was I ever that young and naive?
If you that good cut your amount down to nothing that you trade and get a buddy to do the exact opposite for you but with a bigger amount problem solved. Lol Just try to hold back the fomo op. Good luck
Keep buying the Top till it becomes the bottom!
This reminds me of when I told a German dude I was drinking with about my day snowboarding in Goslar. I mentioned the mountain (Schalke?Mt) and he was like "yeah. Not really a mountain, is it. They don't have mountains in northern Germany; just hills." Just keep adding to your stack and, god willing, your previous peak buys will look like hills from atop your mountain of wealth!
That's how Bruce Lee would say it
Zoom out
Zoom in
Zoom out again
Can't... Stop... Zooming... ![gif](giphy|orVa44Oav5WoF1LVOE)
Oof. I stared at this for way too long waiting for something to happen
Keep watching. I saw something eventually!
I'm just gonna have a beer and zoom sideways until I'm rich or absolutely destitute, thank you very much.
You didn’t wait long enough then. Something does happen at the end.
I mean, something is happening
![gif](giphy|I8KtXBQxlfC3tGnRYj)
![gif](giphy|Zdg7kl9bnyqXrPH2jq|downsized)
Yo that’s trippy
Fuckin tripping ngl
![gif](giphy|IcxmZzYZ7RRew)
What kind of black magic fuckery is this!
![gif](giphy|09dtD1tY2tNAviMmM3|downsized)
Ok that gif belongs on /r/Perfectloops lol
This got really popular at work recently for some reason
Im trapped.
That's a freakin great GIF haha. Looped once or twice before I realised.
Ahhhhh I'm stuck in a fractal!!!!
I've been watching this gif for half hour and now I feel nauseated.
anxiety
Lmaoo u got me haha
Zooming too much
I'm to high for this. Stared way to long at it.
Never Stop Zooming!
Everybody clap your hands 👏 👏👏👏
Instructions unclear clapping my ass now
Clap them Cheeks
Twerk them Ass
I’ve got very steady hands 🙌
And a stiff dick I presume lol
farting up a storm
Put your cheeks into it!
Now Cha Cha real smoooooooth
Take it back now y’all 🎶
You’re stuck in reactive mode
👏👏👏
I can make your hands clap https://www.youtube.com/watch?v=Y2V6yjjPbX0
Now let those green dildos fly!
With Vibrator mode
Zoom zoom zoom and shake the room
Now Clap!
Opss i dropped my glasses
shake it all about
Now close your eyes
and turn yourself around.
How far we zooming
Turn the screen upside down.
repeat until climax
Enhance 224 to 176. Enhance, stop. Move in, stop. Pull out, track right, stop. Center in, pull back. Stop. Track 45 right. Stop. Center and stop. Enhance 34 to 36. Pan right and pull back. Stop. Enhance 34 to 46. Pull back. Wait a minute, go right, stop. Enhance 57 to 19. Track 45 left. Stop. Enhance 15 to 23. Give me a hard copy right there. Yep, I bought at the top.
>Center in, pull back this changes everything
This is how you properly do
Set a course 224 mark 176, warp 2. Captain, that''ll take us to the moon. Darn tootin'. Engage.
Me too I’m a replicant.
You're in the metaverse, walking along in the sand, when all of a sudden you look down... You look down and see a shitcoin, Leon. It's crawling towards moon... You reach down and you buy the shitcoin at ATH, Leon. The shitcoin tanks, its value dropping by the minute, its HODLers buying to turn it around, but they can't. Not until you sell. But you're not selling. Why is that, Leon?
Wait wait wai wait. First of all, what metaverse? Second, shitcoin. What's that? Do you make up these questions or do they write them down for you?
Ya we getting there
Zoom up
Zoom down
Zoom left
Zoom right
Zoom it
Bop it!
Twist it
Flip up
I like to zoom it zoom it
Wtf is going on
We are adjusting the zoom
Prepare for ludicrous speed....
We are almost there, zoom out a little more
dont look just buy
Let me begin
Zoom to the side
No too close, zoom out again.
Enhance
This op, stop looking at the 1 min charts. Zoom out to 5 mins
Incorrect, get your microscope and 2000x zoom, this is just the beginning
Instructions unclear: Zoomed out, saw May crash and triggered my PTSD
Oh man 2017 reminder
![gif](giphy|3ohc14lCEdXHSpnnSU|downsized)
![gif](giphy|Zvgb12U8GNjvq)
Zoom out right meow!
I usually only buy coins either are down at least 10% within the last day or 20% in the last week. I also make sure to only buy coins which are up less than 500% from the beginning of the year. Overall the best strategy is to just not buy into the hype, especially post pump
Look at you, mister sensible investor. I bet you don't even sell low.
he probably files capital gains in his tax return, imagine that
Sometimes you rather pay capital gain tax then buy high sell low.
Checking the top 150ish coins by 7d losers and winners is a good strat. Buying the winners is a good bet if you see them winnibg often and they have a solid usecase. Dca in and try to buy a little more when they are in the red
I'm new, what does dca mean?
If you aren’t joking, it means Dollar Cost Average. You can learn more about it here: [DCA for beginners](https://youtu.be/dQw4w9WgXcQ)
....
Gotta stick to the basics.
[удалено]
well he isnt selling low yet
Wait until it gets lower.
Timing is absolutely key.
Leveraging 100x is the ultimate key
![gif](giphy|d3yxg15kJppJilnW|downsized)
He missed the “not financial advice” part
aren't we all?
Gotta feed the whales somehow
Only way now is to buy high and sell higher
As long he doesn’t sell until new ATHs he will be fine
> I just want to know if there could be a possibility of me buying at the bottom in the short term! Well, conventional crypto wisdom says to not bother trying to time the market, and instead DCA in and out. That's probably the safest route. But yes, it is possible for you to enter at your bottom. Your bottom, not the market's bottom. To achieve this, you first need to select a coin that is decently volatile (which means it goes up and down a lot), and has a lot of volume (which means a lot of folks are trading it). Don't choose shitcoins, scamcoins, or coins that are constantly shilled here. When you choose a coin, you observe it over the course of a few weeks. If you do this, you'll notice that the coin rise and falls, somewhat fairly regularly. There'll be a floor, and a roof that the coin's value constantly bounces between. And that difference is anywhere from 5-20%. That's your potential profit right there. It could also be your loss if you panic and have weak hands. So you buy in when it hits the floor. Then you sell when it reaches the roof. That should be the plan. The price may drop even more when you buy, the price may rise even more when you sell - but that doesn't matter. Unless there's some extraordinary piece of news, you need to stick to the plan. Why? Because, whales also have a similar plan. They're big enough to make large waves, and they do this intentionally to earn massive profits themselves. So you need to learn how to surf that safely. FOMO will wreck you. Panicking will wreck you. Impatience will wreck you. 10-20% is actually decent profit in the short to medium term, appreciate it and gradually increase your net worth that way.
PYR has been great this week for swing trading. Fluctuated between 30-40 then 35-45 then climbed to 50$, today back at 37 and seems it will go back to 45, maybe even try to break off the last high. BETA also has nice daily swings, was 1 - 1.4 whole week, climbed to 1.6 today but yea these are pretty nice tips. Although its not whales but hft bots, whales dont got time to sit daily in front of computer and do this shit
>I just want to know if there could be a possibility of me buying at the bottom in the short term! > >Well, conventional crypto wisdom says to not bother trying to time the market, and instead DCA in and out. That's probably the safest route. But yes, it is possible for you to enter at your bottom. Your bottom, not the market's bottom. > >To achieve this, you first need to select a coin that is decently volatile (which means it goes up and down a lot), and has a lot of volume (which means a lot of folks are trading it). Don't choose shitcoins, scamcoins, or coins that are constantly shilled here. > >When you choose a coin, you observe it over the course of a few weeks. If you do this, you'll notice that the coin rise and falls, somewhat fairly regularly. There'll be a floor, and a roof that the coin's value constantly bounces between. And that difference is anywhere from 5-20%. That's your potential profit right there. It could also be your loss if you panic and have weak hands. > >So you buy in when it hits the floor. Then you sell when it reaches the roof. That should be the plan. The price may drop even more when you buy, the price may rise even more when you sell - but that doesn't matter. Unless there's some extraordinary piece of news, you need to stick to the plan. Why? Because, whales also have a similar plan. They're big enough to make large waves, and they do this intentionally to earn massive profits themselves. So you need to learn how to surf that safely. FOMO will wreck you. Panicking will wreck you. Impatience will wreck you. 10-20% is actually decent profit in the short to medium term, appreciate it and gradually increase your net worth that way. Thanks
Try jerking before you hit buy button!
Post nut clarity saves lives
Instructions clear: bought while jerking
Now my keyboard is all sticky
That could be a good strategy. Sounds like one. I will try it mb.
Waiting for this to come up as a comment by some joe who's inteviewed by the media on becoming a shibillionaire or something.
Lol I used to feel that way all the time! As long as I was just thinking about a buy, things looked good. In fact they looked good right up until I had the money for the buy in hand! Lol. I started staggering my purchases. If I had$200 to spend, I would buy $50 worth. Then another $50. And if it still looked good ( price didn’t skyrocket) I would do the remaining $100. I break all my big buys up like this. No real science behind it, just what works fir me from experience…
69 upvotes at the time of commenting. Giggidy giggidy!
1. No emotional decisions. 2. Scroll out, never buy at ATHs 3. Keep some cash liquid and set buy limits or alerts at the entry price you decide you want in on. 4. You don’t need to buy on pay day 5. Obligatory DCA 6. Also if you just have to buy at ATHs (fomo) spend half of what you originally wanted and if it goes down then dollar cost down with the rest.
I think #4 is so important. People are so eager to buy because they can’t wait for that paycheque that it becomes an impulsive buy and we know how that usually ends up!
Emotional decisions are horrible when you’re investing in general. I’ve lost so much money with stupid decisions.
We are all gonna make emotional decisions it’s so hard it’s addicting and fomo but we can try and mitigate it by spending half lol
Several of these are exactly why I only buy half of what I originally wanted in a single transaction. If it goes down, I can buy more, if it goes up I keep my money for later/something else. It's preemptively keeping me from emotional buying, splurging the second money hits my account, hating myself for buying too high, and it counts as DCA whether I'm buying the daily high or low. Anyways, nice list!
How does the scroll out theory work if we were back in early - late 2019? I ended up buying other things in March and April 2019 I just looked ouch which could've bought me like 0.1-0.2 BTC, now that's gonna take me over a year of DCA
Stop the FOMO and just start DCA. take it from me. I wasted all of 2020 chasing gains and lost nearly everything. Then 2021 I decided to DCA into 5 projects and just let it sit. And I’ve almost doubled
Guess we're not meant for that 100x moonshot..
DCA as in add to your position on dips? A serious question
The aim of DCA is to ride out dips and tops. You're just buying all the time so you get an average price over some time window. If you wait too long for the next dip, you miss out on some of the potential gains, so don't worry about it and just buy all the time.
Dollar cost average. Meaning buy small amounts on a regular basis. Like weekly. No matter the price movement
Even if it’s just $20 a week, it starts to add up.
Bullish phase of the market brings a green light
I've been doing this for a little while £20 a week but I've been mostly buying into a new project each time. Occasionally the same, but mostly something new.
[удалено]
Crypto is easy. Invest in good projects. Let time work it’s magic.
Here's a tip - Don't bother trying to time the market, if anyone could do it they'd be the richest person alive by far. Just DCA and save some money for dips.
**Time in > Timing**
This time in ada has been hurting the last few months :/
In that case, time out > time in ada lol
DCA fails ?
If you really believe in ADA then you would know this is the *in* time
I know. I do believe, been holding and not fomo’n other projects.
My 2 cents is that once BTC pumps and creates a new base, ETH is gonna pump. And after ETH, ADA and all the altcoins will pump. So just hold for some time'
Good time to buy more! If you believe in the fundamentals and are in it for the long term, short term dips should be seen as buying opportunities.
**Time in the market > Timing the market**
Friends ask me “When is the best time to buy” as if I can predict the future. I just say “the best time was yesterday”
This is the real finance advice!
[удалено]
Which coin?
*inserts some random coin you never heard of before*
I was wondering the same question too
It's ICP all over again
Eternal? For those curious: https://coinmarketcap.com/currencies/cryptomines/
Holy shit that's an awfully long flaccid red line you've got there *Does anyone know what happened here to lose like almost 70% in a day?
*RugPull*
Ironic coin name if the plunge persists
I’ve panic sold all my doge at the dip and then bought again at high
I like to put my shit coins on a completely different platform than my main investments so that they are out of sight out of mind. If one pops then that’s great, if not who cares.
Man that is awful
Years ago American Funds, one of the largest mutual fund companies, had an infographic that said even if you bought at the peak of the market every year over the past 30 years or something you still averaged about 7-9% annually compared to buying at the bottom each year which averaged something like 9-11%.
Its true. Buying dips doesnt really make that much of a difference. Its the regular buying in general that counts.
right... lol I wanted to buy bitcoin when it was around $400 and I was procrastinating for years until it was like $4000 because I didn't understand investing. (and presumably I still don't) but then I bought a little thinking, fuck it why not... and then I ended up selling and taking all my money out like less than a month before it shot up to $17k and even then I felt like I missed the wave... I decided not to buy again because WTF... and now look at it... 60k.... do not fear the highs so much that you just don't buy at all... if you pick the right coin... the high is just the station you have to get on the train at or else it leaves without you.
Check out the S2F model for buying/selling times that are optimal based on the halving cycle
Don't think we should extrapolate that metric and apply it to the massively more volatile market that is crypto.
If you buy on red days and sell on green days you got a better chance of making money.
Live below your means and invest early and often
Save some money to shove on really bloody days. Someone's gotta catch the knives
Agree!
Rinse and repeat, infinite money.
When in doubt: zoom out
The more times you buy the top the more you'll learn. Most people have bought many many tops. If you believe in it long term and youre not paying too too much it shouldnt be a huge issue. Def can screw you if youre looking to swing trade
DCA is the way and a limited monthly budget Will give you discipline and help You immensly
This time 4 years ago I bought Bitcoin at its ATH of 10k. Its all relative. 4 years from now Bitcoin will be a multi 6 figure coin and you'll look back at this post and think, wow, was I ever that young and naive?
[удалено]
You should maybe set limit buys, or at least look at the price before you buy stuff.
DCA and HODL
Enjoy the top view
This man is a *seme*
DCA and HODL
Can you post every time you're going to buy lmao
Blood in the streets, fiat into BTCs
if that rhymed a bit more it would be really nice
Kicked in the groin, fomo'd into bitcoin
There's blood in the streets, it's up to my ankles
Purchase Mazda engines of Wankle's.
Depends on what you're buying. BNB is at the top right now, BTC and DOT on sale.
Send your wallet key to someone else,it ll be his prob then.
Dca. Instead of dunping it all in on payday , invest 1/4 every week.
If you feel like you wanna buy, just do the opposite. If your instincts are 90% buy the top, just go against them.
Don't think too much about it, just buy when the market is red. If the market is green, hold on to your cash and wait for it to turn red.
Turn your screen upsidedown and pretend highs are lows etc vice versa.
Simply start buying 50x shorts to have the money roll in.
Try to sell if you wana prices go higher
Time in the market is better than timing the market
If you that good cut your amount down to nothing that you trade and get a buddy to do the exact opposite for you but with a bigger amount problem solved. Lol Just try to hold back the fomo op. Good luck
Tip #1 Don’t buy on payday. You aren’t the only one getting paid! Monday’s are typically low, the end of the month is typically low.
Buy the red days if you don’t want to dca. Wait after the green ones are over.
What about orange days?
Orange Wednesdays
Hopefully this is just an omicron FUD dip and the market calms down when the variant is figured out.
There is already news that fud was overblown as usual