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Lark Davis Expressed: Buy low, sell high. Stop over complicating it! Crypto.
Community Response: And if we buy medium and it goes low? I assume just hold at that stage.
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There are two options, act fast and admit you were wrong and cut losses in time or hold a declining bag like a moron praying that others will pump it for you.
Oh! and brother in Australia, they refer to it as the share market. Just so you know there is a world outside of your bedroom aye.
Where is Low? We buy now and it dips another 20% and then we wait for the market to recover and you will tweet to buy the dip. We don’t have money like U lark and neither most of us are professional traders.
You are telling yourself about keys to the kingdom. But you don’t need to know how to be a professional trader. There are very few. Very few. You just need a few skills and you need to think properly.
You just need patience in this space. That’s it. It’s going to be huge and expand exponentially. So, everyone will make money if they just hold. People over complicate it with TA on something so new that TA doesn’t really work.
Exactly all you get to see is how the market has been doing these past couple of months. Everything is at half price – what a bargain. And, if you buy now and it dips a little bit more, just wait it out – this doesn’t last forever.
It’s quite simple. It goes where the money tells it to. It’s the market which believes McDonald’s is healthy or wanted or needed. It will be there, if organic grass-fed foods are what is needed, then it will be there
People forget that saying. Follow the money. They know it but don’t do it. They know a day an hour a week a month’s in Crypto kid be like 10 or 20 or 50 years in the market, but they don’t do anything about it. Fear and greed rule.
If timing the market was that simple, its like ‘buy the dip’ and it dips lower, buy the dip they say again and it sinks even lower. I imagine some were shouting this during the bear market!
What I learn first is to find a good project, invest then if it goes 50% down get more, if it goes another 30% get more from these buys. Then, you will make a lot more, If not hold and when it is 50% up you are only at your investments level, what do you prefer?
Yes, because buy at the lowest and sell at the highest is too damn hard.
You don’t have to be at the tips on either end although that helps greatly. You can be an average decent position finder. That’s all. Ideally, those here can’t be of the right mindset so, they have to restrict themselves to timing the wave and no Tether to the surfboard.
Back to bullish? Hard concept to grasp until one experience 1 or 2 bear seasons. Just human nature – I suppose.
Easy to say, very difficult in practice. No. Challenging to harness your emotions so you will do as you know you should.
Nah. If it is only that most will be able to do it. No everything that goes down goes up again, and value goes up in a ladder but goes down in an elevator.
Yes! It’s so simple yet so smart. Don’t know why some people don’t understand it.
Instructions unclear. In it for the tech and stuff.
Yup. Or buy high sell low. Or buy and sell on the way up or down. Or just trade the spread. Irrelevant. Do what works for you.
Great. Can you tell us when the low and high is? We all get rich. Thanks so much.
The problem is 95% can’t find correct highs and lows because the market is unpredictable.
Yeah exactly! There are so many new investors out there that don’t understand it and end up doing the exact opposite. It’s a shame really.
