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<p>[QUOTE=&quot;Kasia, post: 1289905, member: 31533&quot;]Miz, </p><p><br /></p><p>Don&#039;t put all your faith in charts. There are chart-people who do very well, and then there are others who try to duplicate that by figuring out the charts and what they mean, and some do ok and others don&#039;t. Basically, charts are not the end all and be all of figuring out when to move in a market.</p><p><br /></p><p>For someone who has little to no experience in it, and not too many coins to try to convert to a profit, I would say that you have to simply decide which point (price per ounce) for YOU is a worthwhile sell point, and conversely, what is a Buy price.</p><p><br /></p><p>For example, with melt-value Rosies, if you get them for less than a dollar each (the silver ones) and have the opportunity to sell them at 2.80 each (which is 28X value, based on a higher price of silver, say about 40.00/oz) and can be happy with that profit, then certainly sell when you have that chance, and don&#039;t wait for it to go higher, because it could easily go lower.</p><p>But if you determine that you don&#039;t want to sell before it gets to where you have 34X value, then you may have to wait 20 or more years to let it get there, or you may take the lower value and see it go up, and you have to accept that.</p><p><br /></p><p>In buying, the idea is not only to find the point where you can get it the lowest, but also the points where you are willing to buy, knowing you can wait years for it to increase to a point you would want to sell. Sometimes it is good to have a buy &quot;range&quot; where you say you will buy X number of oz at such and such a price, and if it goes ten percent higher than that, you will buy, but the amount in ounces will be less, etc. until you get to the point where you will not buy until the price lowers again. What you are doing there is &quot;averaging&quot; your buy prices so that in the long run you have a certain range of price you are actually buying everything at. That works also, and can be better than waiting for the &quot;low&quot; point, or fretting over buying too &quot;high&quot;.[/QUOTE]</p><p><br /></p>

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