Altcoins are all down, so how do traders make their earnings?

MRlong

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Quote from: Victorycoin on July 30, 2017, 11:31:38 AM

Quote from: chichigirl on July 26, 2017, 07:55:52 PM

When altcoins are down, its the best way to buy altcoins and when it pump and reaches to the higher or highest level it's the right time to sell your altcoins, that is how traders make more earnings.

That is right, especially when dealing with the well established altcoins. It can be a way out of the present uncertainties around Bitcoin, mopping up cheap altcoins and holding until the storm be over and then one can sell them off and buy Bitcoin again. However, there is a risk of missing the Bitcoin moon expedition ride as Bitcoin will most likely plummet soon after August 1st.

If you worry miss the dip price of Bitcoin after August 1st, you can split your fund and keep 30% FIAT or USDT for buying Bitcoin if have big crashing on market as your predict. I think do that can helps you earning profit from altcoin recovery price and buy a lot of Bitcoin for your balance

Victorycoin

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Quote from: chichigirl on July 26, 2017, 07:55:52 PM

When altcoins are down, its the best way to buy altcoins and when it pump and reaches to the higher or highest level it's the right time to sell your altcoins, that is how traders make more earnings.

That is right, especially when dealing with the well established altcoins. It can be a way out of the present uncertainties around Bitcoin, mopping up cheap altcoins and holding until the storm be over and then one can sell them off and buy Bitcoin again. However, there is a risk of missing the Bitcoin moon expedition ride as Bitcoin will most likely plummet soon after August 1st.

South Park

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Quote from: chichigirl on July 26, 2017, 07:55:52 PM

When altcoins are down, its the best way to buy altcoins and when it pump and reaches to the higher or highest level it's the right time to sell your altcoins, that is how traders make more earnings.

Correct the issue is that is very easy to see when you do not have any skin on the game, but for those that are losing thousands or even tens thousands of dollars it can be a very difficult pill to swallow to buy altcoin when they lost all that money in that market a few days ago.

sujonali1819

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Only patient and control of emotion can give you profit or protect from loss. so if these situation will come try to hold the coin strongly and control your emotion. for control emotion you can try to avoid viewing the price of these coin again and agin..

KnightElite

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Quote from: carlerha on July 26, 2017, 06:55:15 PM

Quote from: South Park on July 26, 2017, 12:37:59 PM

Quote from: mklost on July 23, 2017, 08:54:20 AM

Traders observe the dip and make risky bets with coins that can pump and dump and with a low capitalization

I will not call the people that do that traders, they are speculators it may seem like the same but in my opinion, they are different, those that are looking to get huge earnings because they think a coin is going to pump are not basing their judgment on anything but hopes.

i think there are a lot of good potential altcoin from where one cam make good profit although their price may be down right now but in future when people will stat taking interest there then its price will start increasing.

Yeah that is true. Many altcoins nowadays are really have good potential. Yeah it also correct that most of them the value are going down but in the future for sure it is really profitable.

izanagi narukami

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IMO , everything will be normal after 1 Aug just like past
Everyone especially whale trader is gaining some benefit from it so people also try to do the same things like sell all their coins

bucker steemit

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Just a suggestion for how many today do not take the risk of trading. Wait until the end date. Still resistant to coin

Ronaldcoin2017

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Quote from: chichigirl on July 26, 2017, 07:55:52 PM

When altcoins are down, its the best way to buy altcoins and when it pump and reaches to the higher or highest level it's the right time to sell your altcoins, that is how traders make more earnings.

yes i agree it is a simple quite amazing way to have more earning maybe .everybody really didnt want to hold because they are panic but.it is not really the time to panic .if its price is down i think it is a great opportunity to have more earnings in the next day week a month or even in a year.

chichigirl

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HELENA

When altcoins are down, its the best way to buy altcoins and when it pump and reaches to the higher or highest level it's the right time to sell your altcoins, that is how traders make more earnings.

carlerha

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Quote from: South Park on July 26, 2017, 12:37:59 PM

Quote from: mklost on July 23, 2017, 08:54:20 AM

Traders observe the dip and make risky bets with coins that can pump and dump and with a low capitalization

I will not call the people that do that traders, they are speculators it may seem like the same but in my opinion, they are different, those that are looking to get huge earnings because they think a coin is going to pump are not basing their judgment on anything but hopes.

i think there are a lot of good potential altcoin from where one cam make good profit although their price may be down right now but in future when people will stat taking interest there then its price will start increasing.

South Park

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I am terrible at Fantasy Football!!!

Quote from: mklost on July 23, 2017, 08:54:20 AM

Traders observe the dip and make risky bets with coins that can pump and dump and with a low capitalization

I will not call the people that do that traders, they are speculators it may seem like the same but in my opinion, they are different, those that are looking to get huge earnings because they think a coin is going to pump are not basing their judgment on anything but hopes.

Rizky Aditya

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Quote from: South Park on July 21, 2017, 12:11:08 PM

Quote from: pueblos on July 19, 2017, 05:47:56 PM

Im a noob and suggest other noobs to just stay the fuck away from trading if your not an expert in such bearish times. I thought i could be mr. wise guy and and make profits if i switch from btc to altcoins and so on, but i would have made much less loss if i just hodl my starting portfolio. Anyway, learned my lesson and now holding my alt- and shitcoins and hope for the best.

If you do not know what you are doing then it is better to stay away from trading, when you are losing money the most important thing is to hold, if you sell, you are confirming your losses, if you hold then when the price goes back to normal your investments will return to normal as well.

This is the primary and simple strategy of doing successful trading. If you really want to play safe in crypto trading; hold on to your precious coins when prices are going in the red zone area on the graphs. Never ever sell when bitcoins are losing value. That’s just for short time period. Soon the prices start pumping; you are going to feel really unfortunate for selling off coins.

mklost

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Traders observe the dip and make risky bets with coins that can pump and dump and with a low capitalization

MiXxe

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Quote from: South Park on July 22, 2017, 03:39:28 PM

Quote from: shirazteam110 on July 20, 2017, 06:05:31 PM

Quote from: ashiba on July 09, 2017, 11:12:27 PM

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .

Dont BUY any coin untill August 1 wait for the good time to buy All devs and Whales are watching Market only not trading anything ..
only the BIG Whales playing with bitcoin

It is at this times where trading is the most profitable, for long term holders this is a time to hold but for those that are good at trading this is a golden opportunity to make a lot of money in a relatively short time span since this is exactly the scenario they like, a market with a lot of movement.

Yes , it is great time for us to make profit and take advantage with these dums if you know how to play with it its much better but if not stay on hold buy in cheap price and wait until it reach again its new ATH or when the market is good going..

Oilacris

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Quote from: Malsetid on July 23, 2017, 07:48:49 AM

Quote from: South Park on July 22, 2017, 03:39:28 PM

Quote from: shirazteam110 on July 20, 2017, 06:05:31 PM

Quote from: ashiba on July 09, 2017, 11:12:27 PM

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .

Dont BUY any coin untill August 1 wait for the good time to buy All devs and Whales are watching Market only not trading anything ..
only the BIG Whales playing with bitcoin

It is at this times where trading is the most profitable, for long term holders this is a time to hold but for those that are good at trading this is a golden opportunity to make a lot of money in a relatively short time span since this is exactly the scenario they like, a market with a lot of movement.

Evem for short term traders, its actually a good time to trade. It doesn't mean that because altcoins are down that thwre won't be any movements in the market. Fluctuations are going to be there for experienced traders to take advantage of. They can buy coins at a lower price than usual. Though that.would be past us for now as things are becoming a bit lively again.

All movements does really matter and as a trader we would really see this as an opportunity for us to buy cheaper coins which we would know that later on it would rise up its price and then we can able to generate profits on such movements. Any moments on where price do move as a trader we should really know on when to jump in and when to jump out and securing profits.

Malsetid

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Quote from: South Park on July 22, 2017, 03:39:28 PM

Quote from: shirazteam110 on July 20, 2017, 06:05:31 PM

Quote from: ashiba on July 09, 2017, 11:12:27 PM

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .

Dont BUY any coin untill August 1 wait for the good time to buy All devs and Whales are watching Market only not trading anything ..
only the BIG Whales playing with bitcoin

It is at this times where trading is the most profitable, for long term holders this is a time to hold but for those that are good at trading this is a golden opportunity to make a lot of money in a relatively short time span since this is exactly the scenario they like, a market with a lot of movement.

Evem for short term traders, its actually a good time to trade. It doesn't mean that because altcoins are down that thwre won't be any movements in the market. Fluctuations are going to be there for experienced traders to take advantage of. They can buy coins at a lower price than usual. Though that.would be past us for now as things are becoming a bit lively again.

rtinedal

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Quote from: layoutph on July 09, 2017, 09:59:25 AM

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever Sad

All my coins are in bloody red, I have negative -20% to -30% profit. Please suggest something.

Well im advise to you just buy the fucking dip price if u have left btc on your wallet do not sell ur losses just control ur emotion.. Just make a plan how to profit again during the red tide...

I have option but this is a risky sell low buy low if u doing this just u need a little technical analysis if u feel the market still dumping just follow sell direct and wait Buy again to a next support lvl.. Gudluck

South Park

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I am terrible at Fantasy Football!!!

Quote from: shirazteam110 on July 20, 2017, 06:05:31 PM

Quote from: ashiba on July 09, 2017, 11:12:27 PM

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .

Dont BUY any coin untill August 1 wait for the good time to buy All devs and Whales are watching Market only not trading anything ..
only the BIG Whales playing with bitcoin

It is at this times where trading is the most profitable, for long term holders this is a time to hold but for those that are good at trading this is a golden opportunity to make a lot of money in a relatively short time span since this is exactly the scenario they like, a market with a lot of movement.

ilovefeetsmell

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Quote from: layoutph on July 09, 2017, 09:59:25 AM

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever Sad

All my coins are in bloody red, I have negative -20% to -30% profit. Please suggest something.

If I were you, hold it when not needed. The bitcoin will recover its price soon more than its price now. Many traders here are holding it because the bitcoin is volatile and decentralized while the price fluctuates, sometimes decreased and increased its price. So, hold it I will assure you that it will double the price someday. Don't be worried!

bitcub

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I sold some of my bitcoins from $USDT at 2800 and 2600. Now I am relaxing waiting for Bitcoin to dump and rebuy it at the dip after August 1.

More earnings after segwit

Topic: Altcoins are all down, so how do traders make their earnings? (Read 5105 times)