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Topic: Do not follow every market wave (Read 1546 times)

sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
June 23, 2020, 01:19:06 AM
yep, it's wrong to follow a wave of trade that suddenly rises without any news or impact on the price of the coin. I think it's just fomo people to trap in a trade wave like that, where people have been buying from the beginning and we are trapped to buy late and suddenly the price goes down again. so without being based on the development of the project, it could be that it is a whales trap or just fomo people who want to benefit themselves.
member
Activity: 633
Merit: 10
June 23, 2020, 01:05:17 AM
that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.
Your words are right, mostly newbies follow every market wave and want to make something quick profit. That happens because of they are just new here and don't have enough experience. When the market gets a pump, it is not a great time to invest in any coins. On the other hand, as you above mentioned it is the best time to make something when the market is stable.
they come too late, entering market when price already rise alot and risk become bigger than before. buying on peak price will make us easy to float in negative.  when market stable we must pick which coin will give us big profit when crypto market pumped or recovered. holding for long time will be very bored for us, but it will be worthed when our portofolio increase.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
June 22, 2020, 06:24:05 PM
that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.
Your words are right, mostly newbies follow every market wave and want to make something quick profit. That happens because of they are just new here and don't have enough experience. When the market gets a pump, it is not a great time to invest in any coins. On the other hand, as you above mentioned it is the best time to make something when the market is stable.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 22, 2020, 05:42:38 PM
How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.
I feel that no matter how good your strategy is when you try to defeat the whales it will not be possible and it is difficult to predict the exact price movement of cryptocurrency because all movements depend on the interaction between buyers and sellers at the exchange.
Whales are always manipulating the price to create panic sell or instant pump. In my opinion if we can only follow what game has already created by so many pumpers.

it will not possible for us to change anything but it's possible for whale to change the climate of the market with their money.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
June 22, 2020, 05:31:22 PM
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 

yes, market will not always rise, so people must be ready if their predictions wrong
thats mean we should control our trades to reduce the risk
member
Activity: 690
Merit: 12
There are consequences for every action
June 22, 2020, 03:55:02 PM
The truth is that there would always be a wave that would spur one to buy or sell a coin. The success story comes when one is able to discern whether to go with the trend or not. In this space, whatever goes up will surely come down, so if you feel you've lost out on a trade, it's best to wait for the value to drop before making a purchase, Inorder to prevent one from making losses.


Do not get it twisted, a wave should not prompt you to enter to buy or sell any token.
When it comes to crypto currency investment, it means you have studied the token growth over a long while waiting for the right opportunity to enter the trade.
jr. member
Activity: 31
Merit: 1
June 22, 2020, 03:17:33 PM
The truth is that there would always be a wave that would spur one to buy or sell a coin. The success story comes when one is able to discern whether to go with the trend or not. In this space, whatever goes up will surely come down, so if you feel you've lost out on a trade, it's best to wait for the value to drop before making a purchase, Inorder to prevent one from making losses.
member
Activity: 1078
Merit: 21
COMBONetworkio
June 22, 2020, 01:03:31 PM
Sometimes you really can make profit if you follow the market but ye it is too risky, well this is cryptocurrency very volatile we can not predict when it will up and down. The important is how you can make profit with your strategy.
Following the market is the same as following Fomo, but indeed we can benefit from it, if there is new news from a coin, then look, does the volume of the coin go up? if it rises maybe you can buy some
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
June 22, 2020, 12:45:02 PM
You are right, and one thing we should know is that the market is continuous ,if you don't get into one, there are several others you will fall into, so don't rush it, it's called FOMO which could lead to loss, allow the market come to you ,try to get into it at retracement or dip, it's an opportunity.

   He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money,
we discuss that, but some traders make a lot of money from this.
   For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest
and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot.
Trading everyday sounds even worse than hop up on every market wave. I think only a whale could afford the day trader thing to looking for higher profit.

its not worse but as long you are following your own skill ,  it does not differ from following every market wave if ever your depending on others  .
Trading everyday which is popularly known as day trading is not for everybody even when the trader follow his own skill because emotion need to be put in check and trading without some time off which have to do with sitting for long periods of time is risky to human healthy life.

not only whales but even regular individual can afford to day trade too because they can always minimize thier buying potential  so that they can last longer   . not all market wave are okay to ride so why follow every wave  ?  is this only for the sake of fomo and why people does this all the time   .
Regular individual that didnt have reasonable skill to prevent losses cant afford to trade in this current market cause the market choose trends which cant be prove by indicator.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
June 22, 2020, 12:41:26 PM
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 

It is not possible to analyze the market with one hundred percent certainty at once. This is because none of us know what the next direction will be. Analysis provides an advance guide but it is not very accurate. Your skills will help you stay in the market. Because if you have good trading knowledge then you must have the ability to read the market.
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
June 22, 2020, 12:28:14 PM
None can say about the flaws of market. But we have our deep knowledge about it. Otherwise, we will pay for it.
No need to follow every wave, just follow those waves which will be good for you. So that you have better knowledge before doing anything.
full member
Activity: 1750
Merit: 118
June 22, 2020, 12:16:45 PM
You are right, and one thing we should know is that the market is continuous ,if you don't get into one, there are several others you will fall into, so don't rush it, it's called FOMO which could lead to loss, allow the market come to you ,try to get into it at retracement or dip, it's an opportunity.

   He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money,
we discuss that, but some traders make a lot of money from this.
   For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest
and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot.
Trading everyday sounds even worse than hop up on every market wave. I think only a whale could afford the day trader thing to looking for higher profit.

its not worse but as long you are following your own skill ,  it does not differ from following every market wave if ever your depending on others  .

 not only whales but even regular individual can afford to day trade too because they can always minimize thier buying potential  so that they can last longer   . not all market wave are okay to ride so why follow every wave  ?  is this only for the sake of fomo and why people does this all the time   .
member
Activity: 119
Merit: 11
June 22, 2020, 12:01:41 PM
You are right, and one thing we should know is that the market is continuous ,if you don't get into one, there are several others you will fall into, so don't rush it, it's called FOMO which could lead to loss, allow the market come to you ,try to get into it at retracement or dip, it's an opportunity.

   He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money,
we discuss that, but some traders make a lot of money from this.
   For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest
and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot.
Trading everyday sounds even worse than hop up on every market wave. I think only a whale could afford the day trader thing to looking for higher profit.
hero member
Activity: 2114
Merit: 603
June 22, 2020, 11:49:07 AM
Smoothly said man. Everyone has to follow this method so as not to get caught into swirls of emotions. Many people have created threads regarding how they have lost their money due to some idiotic decision which they made because they thought this will happen-that will happen kinda thought process.

So if everyone goes around making each and every available trade out there then they can go wrong multiple times. This creates greed and then people go crazy to earn their losses back and further turn it into profits. But as we know that turns into chaos always. It's better be smooth, straight and properly studied.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
June 22, 2020, 06:38:09 AM
You are right, and one thing we should know is that the market is continuous ,if you don't get into one, there are several others you will fall into, so don't rush it, it's called FOMO which could lead to loss, allow the market come to you ,try to get into it at retracement or dip, it's an opportunity.

   He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money,
we discuss that, but some traders make a lot of money from this.
   For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest
and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot.
hero member
Activity: 2282
Merit: 505
June 22, 2020, 05:02:54 AM
How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.
I feel that no matter how good your strategy is when you try to defeat the whales it will not be possible and it is difficult to predict the exact price movement of cryptocurrency because all movements depend on the interaction between buyers and sellers at the exchange.
Whales have big money and they can do anything with the market without any doubt. The people with limited amount will think so many times before try to play like the whales.
Sometimes whales are also creating the pump to even the price already decided by total demand and supply.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
June 22, 2020, 03:58:48 AM
How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.
I feel that no matter how good your strategy is when you try to defeat the whales it will not be possible and it is difficult to predict the exact price movement of cryptocurrency because all movements depend on the interaction between buyers and sellers at the exchange.
full member
Activity: 476
Merit: 103
homt.net
June 22, 2020, 03:47:32 AM
How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.
member
Activity: 1764
Merit: 10
June 22, 2020, 03:07:49 AM
It’s certainly impossible to follow every movement of the cryptocurrency market, you just need to follow at least the most important events of the cryptocurrency market, and these are major drops and huge growth, and then you will can figure out when it is best to invest in cryptocurrency and when is the best time to sell your cryptocurrencies.
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
June 22, 2020, 02:45:50 AM
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 
If one can't fight a circle of spots there is a way to fight both, simply by holding USDT and holding Bitcoin too, which ever way the market leads you will be able to take advantage of both bears and bulls
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