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Topic: Are you all in when trading? - page 27. (Read 1891 times)

sr. member
Activity: 700
Merit: 250
January 16, 2018, 04:37:17 AM
#29
Good for you OP, but every trader have their own style or technique or ways on how thry trade. I in fact were trading all in before but decided in the long run not to because it is too risky and I don’t want to wait for so long to gain my losses back. I’m probably one of those they call as a safe trader.
member
Activity: 266
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January 16, 2018, 04:21:01 AM
#28
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad
Every trader is trapped in such trouble. And I'm also stuck with TRON (TRX). After seeing the value increase rapidly in a short while when it is priced at $ 0.16 and now I'm really stuck at a mismatched price of $ 0.07 Sad
legendary
Activity: 1638
Merit: 1163
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January 16, 2018, 04:16:48 AM
#27
I trade off the order book and depth chart on gdax. I bought when I did because I saw the wall on the depth chart and was confident the price was going to upswing when it hit the wall.  There were more buy orders than sell orders at that second. I stuck with my strategy however It didn't work that time. I'm not worried about losing money. I never sell below the price I bought in at. I just wait for it to come back up. Then place my sell order within a few dollars of the wall so I get the execution right before it hits and changes direction.

from your comments I couldn't figure out what coin you are trading. is it bitcoin?

generally speaking these walls are not exactly always the best source for any kind of analysis because sometimes they are there for manipulation and are placed by whales and will move if price gets near them.
with that said, buying something that is dropping is not always the best choice. for example altcoins are currently dropping but they are not going to recover for a very long time if at all for some of them.
and bitcoin is currently not going to have any major rallies and will continue to stay at this current price for a longer time.
member
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January 16, 2018, 03:53:54 AM
#26
It is actually not advisable to go all in when trading. Engaging in such an act will automatically set-in emotions, which is not ideal during trading. There should always be something left to enter other promising positions.
hero member
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January 16, 2018, 03:49:38 AM
#25
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad

I think you have been emotional, You are not greedy but if you wait and have patience then sure you will make profit from trading. You know before 1 and half year ago i bought some coins for 0.05 and then still i hold it for 1 year and in this time i sold it and now i gain profit only 0.004. Less than i have no lose and if i did greedy and lost the patience then definitely i have sold them in a lose. So i suggest you have patience and hold the coin till the end, one day you will definitely make profit from it.    
full member
Activity: 686
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January 16, 2018, 03:44:13 AM
#24
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad
This is the consequence on going all in when you are already pending on your actions since you dont have anything left on your pocket to spend on into another positions or even make use of back up plans. Going all in isnt a good idea most of the time but well its your money after all you do have the full control on making decisions that you would made but on wise side dont go all in its very risky and the same time we cant assure anytime with our actions.

Ideally, it's better to have a larger capital because you would have more profits or gains however you shouldn't go all in because trading is risky and there's a possibility for you to lose everything. As said, it's good to have fall back or back up plan because of the risk of losing all your money. It's also very important to control your emotions when trading otherwise you may make the wrong decisions if you are affected by your emotions.
full member
Activity: 490
Merit: 106
January 16, 2018, 03:36:55 AM
#23
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad
This is why I will never ever go all-in in just one investment, when investing in cryptocurrencies we are speculating and there is no guarantee that we always makes the right decisions on where to put our money, loses are normal when investing in all kinds of markets and there is no way that we can prevent this to happen but we can lessen it by diversifying our money into different kinds of cryptocurrency or if you don't want to diversify you should always have extra funds so whenever the price drops you still have money to buy and add your investment.
hero member
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January 16, 2018, 03:24:50 AM
#22
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad
Well, in trading is nice to always have some fund set aside for quick buy when there is dump in price because everything about crypto trading is time and I could back in the year 2016 when there was dumped in price all the crypto trader back than make 150%.
 
Don't get greedy or you'll loose your fund wait patiently for the right time.
sr. member
Activity: 812
Merit: 260
January 16, 2018, 02:57:09 AM
#21
Never done it so far. I always divide my bankroll in trading because I have to prepare for unexpected thing. I will use no more than 50% of my bankroll, while the other 50% is to prepare if the first trade is not going as expected. Doing all in is indeed may give a great profit but it may give a bad result as well if we choose the wrong coin. So I would prefer to be safe than sorry, it will be bad situation for me if I do all in but it is not on the right coin at the right time.

You have a point, that is why I am not also a fan of trading, let us say that I don't have much time like others who devote their full time here in doing trading and campaign, but since I am rendering my almost 12 hours at work so I cannot really find time to do trading, but I am holding bitcoin which for me have an assurance compare to trading.
newbie
Activity: 102
Merit: 0
January 16, 2018, 02:48:34 AM
#20
I think many people go all in with bitcoin but anything can go good or bad so I'm just 50/50.
legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM
January 16, 2018, 02:22:01 AM
#19
Never done it so far. I always divide my bankroll in trading because I have to prepare for unexpected thing. I will use no more than 50% of my bankroll, while the other 50% is to prepare if the first trade is not going as expected. Doing all in is indeed may give a great profit but it may give a bad result as well if we choose the wrong coin. So I would prefer to be safe than sorry, it will be bad situation for me if I do all in but it is not on the right coin at the right time.
newbie
Activity: 47
Merit: 0
January 16, 2018, 01:58:05 AM
#18
I am a beginner, have nothing in hand, do not understand much about the market and the inherent knowledge of the market. If there is a great job opportunities to myself I will It's tight and it's hard to figure out who's cheating on me.
full member
Activity: 126
Merit: 100
January 16, 2018, 01:43:39 AM
#17
I don't think betting all in is a good idea. It's said you have to wait, but in these circumstances it's just a waiting game. Hope everything'll be all right and you get your money back without any losses
member
Activity: 67
Merit: 10
January 16, 2018, 12:25:44 AM
#16
no .. i'm still a beginner still have a lot to learn first about bitcoin let no one to cheat me
member
Activity: 112
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January 15, 2018, 05:24:17 PM
#15
if there is a great opportunity i'm usually selling all my assets, and re-buying at lower price
sr. member
Activity: 1400
Merit: 259
January 15, 2018, 05:23:20 PM
#14
Shit happens. It is part of the trading industry.
It is not just you who experienced this.
With other tokens this happens too.
I got one with a lot of value last week but having a problem with the trading site so I cannot sell.
Then suddenly that value was depleted.
Came back to a price which is the same as just I gained it. Now, back to waiting game.
newbie
Activity: 33
Merit: 0
January 15, 2018, 05:20:32 PM
#13
All into 1 coin!  Grin
sr. member
Activity: 307
Merit: 250
January 15, 2018, 05:18:28 PM
#12
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad

Interesting. I don't go all-in when trading, but that's not because I'm scared of my investment losing its value. When I invest in something, I'm very sure it'll make me some money sooner or later, or benefit a project I love.

Sadly, there is an other factor that limits me: The incapability of exchanges, wallets and more. It's sad how many exchanges either get hacked or turn into scams (like HitBTC). It's a very dangerous practice to bet a lot of money on something influenced so much by exchanges potentially stealing your money. Of course, you should take your money off an exchange as soon as you're done trading, but there's still the deposit, withdrawal and the time between those 2 for the exchange/hackers to steal your money!

There's my very simple reasoning as to why I don't go all-in. Another reason is when I feel like 2 coins are capable of growing a lot and I don't want to choose one that grows just a bit whilst the other grows tons. Diversification can help me avoid those opportunity losses as well, though I would obviously sacrifice some potential profits.

member
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January 15, 2018, 05:17:34 PM
#11
Rule number one of trading is to never go all in and it is for basically the reason you described. You don't want to feel stuck in a trade and if you go all in your gonna feel a whole range of emotions based on where you are at. Regardless whether that is positive or negative you will feel not good throughout and that is why it is better to diversify your assets, especially in crypto where assets are volatile.
hero member
Activity: 728
Merit: 500
January 15, 2018, 05:05:16 PM
#10
And what is wrong with that? i am never trading with bitcoin/usdt because it is extremely risky, there is no way to predict the trend or how it is going to go through in the next hours/minutes/days.
I trade off the order book and depth chart on gdax. I bought when I did because I saw the wall on the depth chart and was confident the price was going to upswing when it hit the wall.  

That is the reason of why i prefer to trade with altcoins, and no, i never go all in with all my trades.

Maybe, sometimes i just put more than 30% of my entire portfolio on a single altcoin, but it has never been more than 50%.
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