I see your point and yes you are correct, having the capability to adopt this changing pace of the market can be done if you are willing to change your system, making adjustment can be done but needs to also plan it properly as the sway really hurting us from time to time, aiming for little profits in a
short period of time and continue repeating the process can be a good alternatives.
Topic: Change of strategy - page 27. (Read 18377 times)
I also think so, changing the strategy is very important for every condition in the crypto market. I'm aware that different crypto may require the different strategy. That is why learning from the mistake, I can always renew my strategy suitable to the condition.
It is very important to change not only the strategy but also constantly change your portfolio relative to the situation that occurs on the market. I have no problems so far, so I will continue to wait and fill my portfolio with other promising coins!
Are you sure ? I see the market is moving to go down. if you hold too many coins it will be a disaster later. we better do daily trading because even though the profits obtained are small but not risky
What is the point of complaining, because the situation in the market cannot be changed, unfortunately now we can only adapt!
This probably because.of the current market to where it looks like it was being controlled by a group. There is a high chance that cryptocurrency maybe influence by a group usually a mafia so that they will going earn more profit. Anyway, the current market looks so bad especially if one is investing to it while market is good. Probably bitcoin may going to end sooner. 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.
yes you are right, we have to settle for small profits now. too big to set targets is very unrealistic for me. but for those who have little money it won't work.
I think change is strategy might not actually help
Because every altcoins has a manner off approach in the market
Some coins are meant to be dumped immediately and dips bought back
While some coins are meant to be sold in bits over a period of pump session
Strategy can be changed, most especially when one is not working for you.Because every altcoins has a manner off approach in the market
Some coins are meant to be dumped immediately and dips bought back
While some coins are meant to be sold in bits over a period of pump session
Those who were actively involved in cryptocurrency during the bull run between tear 2017 and early 2018, would know that the strategy deployed then, is not the same to used now.
Truly, there are lots of pump and dump coins, but it is not limited to that. You do not just sell whenever there are still prospects and you don't buy when you know the team of the project is not straightforward.
I also think so, changing the strategy is very important for every condition in the crypto market. I'm aware that different crypto may require the different strategy. That is why learning from the mistake, I can always renew my strategy suitable to the condition.
a very good point, this market is dynamic so your strategies should also be dynamic. of course i personally like a more active approach where you never hold any altcoins for longer than a couple of days. that way i never risk losing money because of some dump and i always buy them when they are getting pumped.
you can consider my strategy extreme and do a more mellow variation of it but this strategy is the one that most successful altcoin traders are using.
you can consider my strategy extreme and do a more mellow variation of it but this strategy is the one that most successful altcoin traders are using.
I think e should bear in mind that here in cryptocurrency world we are not given thousands of dollars right away, we have to be hardworking to get that earnings, as for investment of cryptocurrency, we should wait if we buy low priced coins, wait for it to become profittable and there's no instant money here.
I have no problems so far, so I will continue to wait and fill my portfolio with other promising coins!
The method you said was obviously very good and I strongly agree with that, it's better to look for small profits every day rather than having to wait long which results in a lot of time wasted.
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.
It's always the inexperienced traders, they simply don't know what principle to follow in this type of situation, most of them come to crypto because they wan't to be rich overnight, Investors/traders should save money for emergency fund that last like 6 months or more, so they won't sell their coins at lower price because they need money, this would be useful for those hodlers that wan't to accumulate more coins. 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.
Experienced traders, even in such a market, do not earn much money, and those who do not understand how to trade in such conditions, let them not climb
Strategies are nice and good but the execution needs to be done in order to have a successful strategy. You must also consider the worst case scenario in order to come up with a flexible strategy. Our market is unpredictable and we must have a great strategy for each scenarios possible.
Each of us as a trader we have preferred strategies which we are convenient to use, but all of them are useless if you don't have skills in analysis and timing. Just analyzed it well which a better coins you are going to pick that profitable in trading and the timing, it is used when the exact time you pick coins. These are a very important thing when you are in trading not only strategies or tools to use.
I think if investors and traders complain in market then better to accept that first if you take risk here in crypto after that do strategy on your own like you need to think to earn by your own way then i suggest to buy with gap and with different cryptocurrency like btc and 14 alts for investment so the chance to earn is high still think also the really affordable for you
Trading is now a little bit harder than you expect, I bet you are not even trading any crypto. Well, cryptocurrency is more hard to predict
The traders need to have a lot of different strategy so they can still make profit in any market, and the traders also need experience to know which strategy that going to work the best, but with the continous bear market it will be very difficult to make profit, but a good and experience trader will keep on learning to handle the situation, the traders need to be flexible with its strategy to make the maximum profit
Looking at the current bearish market, sometimes I think to start day trading which I never wished before. As like you say, back in the day, it was easier to get quick profit but for now, it is not worthy to wait for a long time. However, I have made some money through onvesting in GRIN. This one can be a strategy. Wait for something good,get into it before the hype and sell at some profits.
one of the biggest negative sides of the pumping season that the altcoin market has every other year is that it creates an illusion for a lot of newcomers that they begin thinking they are good at trading. in other words when for example you buy some random shitcoin with your eyes closed and that shitcoin gets pumped and gives you a lot of profit, it can mislead you into thinking you were actually a good trader that you could make that much profit. but the reality is that you got lucky. and if you start thinking that way then there comes a time like 2018 when the dumping begins but you continue choosing shitcoins with your eyes closed thinking the strategy you were choosing is good.
the result is losing not only all the profit you made before this but also losing a big part of your capital.
the result is losing not only all the profit you made before this but also losing a big part of your capital.
What is the point of complaining, because the situation in the market cannot be changed, unfortunately now we can only adapt!
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