Buying in a down market was easy, seeing average going down and down is always a good feeling when you believe in the market.
Yet, when there is a bump in the market, my hand is shaking. Don’t get me wrong, my monthly allocation is already going toward the market but this feels very different.
Red days are always a fomo time, and Green days are more about this scary feeling.
What do you think ? Are you still motivated to pour money in the market ? In between the celebrations, are you able to stay level headed ??
Have a good time !
I hesitate more when green, holding onto my fiat for longer whilst waiting for a dip. If no dip has happened or a miss it then I just buy before my next DCA date then repeat. Told myself a while ago that I will buy monthly whatever the price for the next 5 years and I am sticking to that
Dont buy now, buy one month ago
That’s how I got into crypto.. Buying when everything was green… Stupid little me lol
Turn on bollinger bands. Follow acronym BLUSHD ( Buy Lower band in Uptrend, Sell Higher band in Downtrend). This is only one signal to use in confluence with resistance points,Fibonacci scale, and current news. Right now looks like we are moving from parallel bands to uptrend so to avoid risky plays you should wait to invest below the mean of the BB if news is still bullish. I’d say for another month or two before FED advise next hawkish news to reduce inflation.
I bought some lower than this. Always afraid to buy on way up in case it crashes down, but actually a lot of buyers look for signs of positivity like this and buy in, so it can spark bigger rises.
Or just DCA.
Kermit the Frog once said it’s not easy being green
Bro it’s still down like 50%.
Much easier to buy red dildos. Bit I think we gotta a way to go up still. I’m still being cautious for a bit though.
I prefer buying on the way down too. Also I have a terrible feeling that horrible factors are causing this climb … like certain people who’s finances are sanctioned have found a way out…?? Who knows! I am uneasy when it’s green. Because I should have bought more dip!
I always have to smack my hand not to FOMO in during Green Days it just feels like they’ll last forever and pump to aths but never ever does and almost always turn around the very next day.
Patience – I try to DCA weekly but if the day is green I wait
It’s not hard, if it was hard then nobody would buy high sell low
I actually find it easier to buy on the way up… pump euphoria mixed with FOMO. I but dips butvi always think it’ll go lower… inverted FOMO
It was completly opposite for me when I started investing. When I would see the market is red I would panic, start thinking that this is a scam after all, crypto is bad and etc. But when the market would be green I would want to buy a lots because it’s good it’s going up and it will continue so! Damn I made so many mistakes because of this…
I use to get angry when market pumps. I feel great buying down.
The market is still red if you look at more then a month. I am still buying
But it’s green after an extended down trend. It makes sense to buy because we have confirmation of an uptrend.
Timing the market is tricky I am definitely a dip buyer for long term holds, but buying into momentum on short term plays can also be powerful way to profit quickly.
Depends on your style, if you’re only investing id say you got the right idea.
Well you didn’t listen when we told you to buy when it was seriously red!!!!
We are all getting sick of telling everyone I told you so
It is always hard, therefore DCA
well the only reason its hard for me is the goddamn coins just dump everytime when other coins decide to pump for some reason
i still do pour all of my money in crypto though no matter how is the market
I recommend limiting your caffeine and sugar intake.
Are you an investor or trader?
If you’re an investor then you set your goals, risk tolerance and time frame. Then make your plan. Then follow your plan.
Hey, at some point a melt up could be the last time you ever see a certain price again, like BTC $10k to $20k in 2020. It just kept going, and I doubt that we’ll see it as low as $10k EVER again. You never know when that next price point will be
I buy anytime, it is just a normal thing now.
I am the same!
I adjust my monthly DCA to include stable coins during green times. Then when we experience the pull back I use the extra stable coin to allocate to my selected buys
Nono. Now you sell..