Topic: Change of strategy - page 13. (Read 18377 times)
It was months ago i have changed my way on keeping my ICO tokens and bountys. I try to stay more controlled by keeping less strong coins. Waiting for a long time for success for a low founded ICO may cause you lose more. Sometimes its better to lost less by selling rather then waiting years.
Better than just waiting and losing, why not think of other means of income, other than cryptocurrency. We all know that not just only one suffers from this current market situation but almost all crypto users. Yes short term traders may do but that is also very risky, it takes careful analysis of the flow, so instead of suffering losses, there may always be other ways to have income. One can find a real job and make crypto a side job for the mean time just until the market gets over.
Lot of people always complaining if there profit they needs is not enough for them to earn. But its good for me to say thats ok slowly but it can gain money day by day.
Currently, I try to use all possible ways to earn on the cryptocurrencies. I hold the most-trusted cryptos like Bitcoin and Ethereum. I trade cheap altcoins and often do it with a cool profit. I take part in Bounties.
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
I think everyone has their own ways and reasons. When they made a profit from the method they used before, I thought they would not think about whether the method they were doing was old-fashioned or did I have to change the method that I did so that this did not happen again.If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Its easy to said than done. If we are doing live trading most of the time what we plan to do will not fully executed once we are in trading market since we can't predict what would exactly happen. I myself experienced several times to be FOMO'ed where coins goes even higher after I sold or it goes even lower after I bought. So I decided to hold for longterm and not be bothered by current bearish market. If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Even the strategy you propose requires skill, experience and patience. Since I buy one coin, it still will not grow. And to look for pairs on which it is profitable to trade is not an easy process.
Trading is an awesome way to grow your portfolio especially in weak markets condition. All you just need is to know how to read charts, updating yourself about events in the market per time and void trading with emotion and greediness
Right, as investors we have to be creative, the market conditions that are almost a year and crypto like Forex make us have to change strategies to survive and continue to get profits, if long-term hold does not benefit then daily trading is the best solution.
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
the strategy that I did was to wait, I would be patient enough so that the Coin price I had increased. investing in altcoin can't be for a while, we need time until someday the altcoin price increases. need patience to do things like this and for anyone who does not have patience then they will only experience a failure. If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Indeed you must change your strategies now so you can deal with the risk on cryptocurrency,we need to adopt and need to adjust in situations of cryptocurrency that is what we need to remain and make profits.We cant predict the market so we need to make adjustments and make good ways and strategic way to earn money.Forget the losses and start again because this year is the comeback of crypto market.
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
I think adapting to the current situation of the market will be successful forward because if you go with same tricks and strategies in the beginning stage we cannot complete our except in this type of situation so I think going with the current market you will be giving you success. If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
You're right, but generally it is easier said than done. Doing what you said requires some knowledge of yourself to start.
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Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Gathering small profit is my strategy since the beginning in cryptocurrency. I joined a lot of telegram groups I'm just riding with their signal. I just TP out with 15% profit. Sometimes it's 10%-15%. I'm not really greedy in cryptocurrency and I can manage to control my emotion in trading.Be careful when you were joining in the telegram groups because not all of them can give good signals. Sometimes they use people to get a profit. But I think there is a group that will not do that thing because they only want to help people to get the profit.
Taking 10%-15% will be good for you especially you have skills so you can predict how much the price will increase.
yes of course we have to change the strategy to survive here, if we are just silent waiting for the arrival of bullrun it is uncertain. there are two choices in my opinion between investment and trade. I started trying to trade because this resulted and investment also continued to run while waiting for the market to recover.
Well, I would say the the reason for their losses right now isn't based on their strategy, I think it is because of the bearish market, the best to do now is to invest on a long term hold with coins that have good use case and as the market gradually bounces back, you gradually also get into profit.
Simply because in this bearish market many investors wouldn't come up with a profit. If they are smart enough, they better hold their coins instead of not getting profit after they would trade or sell it, why dont use as future investments? There would be tine it will be profitable and market would come back increasing several altcoins in the market.
Such a situation does not only happen to you, but many people also experience it. Throughout 2018 the price of coins dropped sharply and this happened due to pumping of coin prices in 2017. So many people have difficulty getting profits. I personally also changed the strategy for profit. By doing short-term trading.
we must be good at determining and devising strategies, so that we can run and manage well.for a long time the market has experienced this condition, we don't know when there will be a change.
maybe now it can provide benefits but little is gained and that is if we can manage it because it requires good knowledge to benefit in a situation like this.
Such a situation does not only happen to you, but many people also experience it. Throughout 2018 the price of coins dropped sharply and this happened due to pumping of coin prices in 2017. So many people have difficulty getting profits. I personally also changed the strategy for profit. By doing short-term trading.
Instead of complaining if not making profit in cryptocurrency, the best thing we should do is to develop a strategy of making profit everyday even though the profit is not much as we have expected.
As for me, the strategy needs to be changed often. Because all the time you need to tune out the market for which the time is changing. I think this is very important and necessary in the world of cryptocurrency.
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