Adaptability is very important | Bitcointalksearch.org

radjie

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

Having skills in trading is indeed necessary, moreover, we must adapt to the situation of market price movements to get used to and understand the flow. usually when selling when resistance requires patience to wait a long time until the target we want can be achieved because usually market price movements will be difficult to rise, this is of course because many sell at the same price point.

for experienced traders, of course, always take advantage of opportunities when resistance occurs, it is likely that in the near future there will be a correction so they can wait to make a buy back when the price drops

smyslov

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

Yet there are people who HODL, when it comes to investing it all goes down to the character and preferences of the investors, there are traders who want to make a profit in a short period of time and there are traders who can wait for months or years and wait for the coin to go to the moon, but whether you are after short term profit or Hodling you should know how to shift gear.

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Quote from: junmisakiro on December 06, 2020, 07:57:26 PM

yes, with adaptation we can find out how things are around and of course will have a lot of experience from this adaptation process, keep learning wherever you are.

Also, adaptability helps you to get used to any market trends, be it the bull market, the bearish market, or the inconclusive ones; If you can blend well with the market; it means nothing would shock you or come as a surprise to you, as long as it involves crypto currency market.

adaptability is great for determining the next decision. I myself still have poor adaptability, because I still often do early selling. not because I'm new to crypto, but with high volatility, I was impressed to lock in my profits, so I wouldn't be exposed to future losses

Gunday_07

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

It's not easy but it's not impossible as well, still there will be times when it will be too late because no one can control the market to their own desires, trading will bring loss even if you are a professional, instead of all this i believe the most important part is satisfaction, be satisfied with what you get, you can be adaptive and yet be greedy too

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Quote from: junmisakiro on December 06, 2020, 07:57:26 PM

yes, with adaptation we can find out how things are around and of course will have a lot of experience from this adaptation process, keep learning wherever you are.

Also, adaptability helps you to get used to any market trends, be it the bull market, the bearish market, or the inconclusive ones; If you can blend well with the market; it means nothing would shock you or come as a surprise to you, as long as it involves crypto currency market.

When someone will be able to adapt into the crypto market and he will know everything about crypto market. The old traders in the crypto were able adapting the market and that's why they can at least predict with very high accuracy about where crypto will be going on. I remember that so many people started from the newbies a few years ago when I were joining in this forum
I have also adapted the crypto market too.

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Quote from: Yamifoud on January 23, 2021, 07:19:40 PM

The truth is that how to manage yourself in a situation like this.
Not all had come into crypto investment have this kind of special skills and can read the future trend. But what they are doing is to use their common instinct. Besides, they can learn more with their experience and they can make a better understanding of the market trend.
"Buying at low, sell at high", people can think that was easy. Yes, it was but it happens that we got sometimes in the wrong decision and made us lose.

easy simple trading rule. but when it comes to actual implementation, yes, it is really hard. because at the point where you want to buy or sell, you dont know if it in the low or high point. because the future is yet to be written, so you cant compare the price, right? the past is your reference. so it is more on your instincts that will play on this game. based on your experience and what the market is telling you, you have to make the best guess for yourself.

Yamifoud

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The truth is that how to manage yourself in a situation like this.
Not all had come into crypto investment have this kind of special skills and can read the future trend. But what they are doing is to use their common instinct. Besides, they can learn more with their experience and they can make a better understanding of the market trend.
"Buying at low, sell at high", people can think that was easy. Yes, it was but it happens that we got sometimes in the wrong decision and made us lose.

Shasha80

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I strongly agree that adaptability is an important factor for being successful when investing in cryptocurrency. Especially for newbies, they must
be able to quickly adapt to the crypto world, so that it is easier to capture every crypto-related knowledge that is obtained. The faster investors
adapt to changes in the crypto market that occur very quickly, the investors can quickly make decisions. Because we have started to understand
crypto price movements in the market, if you have successfully adapted to the market.

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Adaptability is a must since many things are unpredictable in the crypto space. I can say that everybody who has bad adaptability, will be difficult to survive in the crypto space. The Crypto market sometimes is full of surprises, it can be in bullish season for several weeks/months. But it can suddenly come back again to the bearish season someday. So, you must have good adaptability and always careful in the crypto space.

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If you are finding a reason or the other to learn adaptation then the recent bull run that spiked bitcoin up to 28000$ is one good reason why you need to adapt. Traders who have failed to adapt have bought the green and re moaning at the moment. Good adaptability skill helps you understand when to hodl or take profits.

Adapt to what? Crypto is volatile, it is highly volatile, and it has always been that way since it first existed. Bitcoin may be experiencing more stability in recent times but still can gain double digit growth in a few hours, is that crazy? It is,,, and how can anyone adapt to it? You just have to accept the cycles happen and accept the risk that comes with that.

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This is not only adaptability as such - it is all the result of accumulated experience and knowledge.
You can be as adaptive as you want and follow the market trend in the right direction, but it would be very nice to also understand such things as: how it all works, why it works like this, what it can lead to, and so on.
What is important is not adaptability as such but the desire to understand what you are using.

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

Adapting to market situations is actually very easy, the way you have to learn how to read market trends, market trends have seasons and it always happens when the season arrives, such as the bullish season in 2021, many believe it happened because it is based on the 2017 bullish season.
Just like when the market is being correction, sooner or later the price will break the resistance area, and at that time you can sell your asset.

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

You should learn how to adapt in every changes because it helps you to determine when or where you should invest your money. Adaptability can be an advantage while trading because changes are happening from time to time. Learn to adapt for you to use it as a helpful skill.

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

When it comes to adaptability probably the most important aspect is when to accept that your prediction was wrong and be willing to move on and switch your position, it is not easy after all many people believe in their skills an it can be hard to admit that you were wrong but this is critical as most of the time the big losses in the market occur when a trader cannot simply accept that he made a mistake and that it is necessary to correct it.

justdimin

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Survival of the fittest. You could do whatever you want but as long as you do not improve as a project you are not going to be liked. Same of course goes for the trader, if you are interested in altcoins you need to realize that you could not do something without ever learning constantly, and changing your ways accordingly.

If you start new and always stay the same level you are not going to do anything substantial, even if you eventually do that thing perfectly and get good results, you are not going to keep making that kind of profit forever, you are going to end up losing money eventually because market is ever evolving and it is going to leave you in the dust if you do not adapt to its pace. However a person that constantly finds new things to learn and try out will always be hip with the latest technology and will make the most outcome they can from them.

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Quote from: kpierce77 on December 18, 2020, 02:43:47 PM

Quote from: fileo on December 14, 2020, 01:48:18 AM

I'm not a professional but I do believe pro knows when is the right time and wrong time base on the market crap and the token price graph. So, being newbie in trading cryptocurrency I'm a little bit excited to earn profit even it is not super big. I want to practice myself in this things believing someday will how how to execute the adaptability and buy, sell, hold approach. Practice makes perfect if possible.

very good, if this is a trade problem believe that profit is very much determined by timing and also emotion.

Time, Emotion and also Management. Management is more important than anything, Investors, Holders or Traders must understand Investment or Trading management. If a trader or investor does not understand management well I am sure he will be confused when making a decision.

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Quote from: Cling18 on December 18, 2020, 03:44:15 PM

Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

It's really important from the beginning that we know how to deal with the changes in the market. We should accept the fact that cryptocurrency is volatile and it's always changing so we should know how to apply at least the basic strategy in trading which is to buy low and to sell high. Controlling our emotions would also be a big help so we could make good decisions in trading.

Yes. Adaptation to the changing market is very much important so you will know when to make an entry or its best exit when you're investing or trading. If you can't adapt, you will find it hard to win your profits. Be more flexible in your decision making because it will help you to easily adjust on the price market that constantly changing.

Cling18

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

It's really important from the beginning that we know how to deal with the changes in the market. We should accept the fact that cryptocurrency is volatile and it's always changing so we should know how to apply at least the basic strategy in trading which is to buy low and to sell high. Controlling our emotions would also be a big help so we could make good decisions in trading.

Dragonfund

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Quote from: cytpoway121 on December 04, 2020, 01:00:48 PM

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

I noticed something strange during my trading days, each pairs on a exchange behave differently because traders have their preference when it comes to trading. For example, Trader prefer to go with BTC/USDT because he prefer to take profits in stable coin to avoid volatility and trader B may prefer anytoken/BTC to take their profits in Btc since Btc always tend to grow at every chance or news.
The strangest one is futures, if one is not familiar or adapt to it operation, I will advise and recommend to completely ignore. Your resistance and support may not work sometimes and you may get liquidated.

When it come to the market, get the basic knowledge, test one and two, do whatever works for you. You will succeed with little failure

kpierce77

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Quote from: fileo on December 14, 2020, 01:48:18 AM

I'm not a professional but I do believe pro knows when is the right time and wrong time base on the market crap and the token price graph. So, being newbie in trading cryptocurrency I'm a little bit excited to earn profit even it is not super big. I want to practice myself in this things believing someday will how how to execute the adaptability and buy, sell, hold approach. Practice makes perfect if possible.

very good, if this is a trade problem believe that profit is very much determined by timing and also emotion. don't let emotions control your greed, and make sure that we can identify the right time to buy or sell. maybe this is not a pro tip either, but never miss an opportunity if you are already profitable

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