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Topic: Do not follow every market wave - page 3. (Read 1546 times)

legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
June 11, 2020, 12:17:59 PM
I disagree, but also agree. I would say "follow" every market wave and be presence and check to see what is going on every single day let alone every wave, however when it comes to "joining" the wave, I would say you do not have to join every single wave. Just focus on the currencies you hold and of course be aware what is going on but stop trying to join every single wave since eventually you will be on the downfall part of the wave and will lose your money.

However if you trust yourself as a good trader I would say buying on every single bottom would be a great chance, on every wave there is a bottom and with that bottom you are earning more money. Bitcoin is something you should earn while buying, not selling, if you buy at the right price you are going to profit no matter what happens, maybe a lot maybe a little but buying at the bottom equals profit.
sr. member
Activity: 1372
Merit: 251
PredX - AI-Powered Prediction Market
June 11, 2020, 11:48:20 AM
Don't follower in the market, that indicate you're not be able to be trader, don't know the technical and fundamental of trading. Its dangerous for follower who just decided to buy a lot of coin when its bullish, then hoping can get much profit with following the wave that you don't know what is that. Its very risky if you buy at highest price then its dump.

With that the need for basic trading is really needed and knowledge about trading not by jumping directly into buying and starting a trade that has a very high risk that has a fairly long experience of having a trading strategy each one is trading short term and long term  long and other
hero member
Activity: 1442
Merit: 510
June 11, 2020, 10:42:07 AM
Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
if for a beginner and plunge into trading when the market is in the pump of course it will be difficult. the market is moving fast and the skills to analyze the market will of course be very lacking. that brings us to a loss. but for a trader who is already proficient, they can see every possibility and opportunity in a high trading wave.
Enter market when Pump happens is very risky, not only Newbi for professional traders can also be hit by the Pump wave trap. Crypto market prices are always volatile and traders must be able to master various trading techniques in order to get a good profit.
full member
Activity: 1120
Merit: 101
June 11, 2020, 10:41:31 AM
Much better if you trade with study and you have to study about risk management too so you can trade profitionally without losing too much money in trading. In this way you can follow the flow of the market with precautions to avoid too much losing of money.
You are right, trading with a little capital in advance to find out the character of the market and the assets we choose. loss is the risk faced by every trader. but how we cut losses and make them profits is a skill from great experience that we can only get from trying to trade.
full member
Activity: 826
Merit: 100
June 11, 2020, 10:38:11 AM
Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
Yes, because the cryptocurrency market can suddenly go down, it is clear that there is a need for analysis before investing, although analysis is also not enough for an investment reference, because the crypto market is really difficult for anyone to guess.
jr. member
Activity: 198
Merit: 2
June 11, 2020, 10:36:47 AM
As a trader, you do not have business with several trades at the same time, it only leaves you imbalanced, and leaves you with outdated information.
Why follow every trade on the market, when you can just select a few and stick to it like your life depends on it ?

A true trader knows what token to follow, when to follow, and when to stop following, so be a good trader.
full member
Activity: 406
Merit: 100
kingcasino.io
June 11, 2020, 10:22:19 AM
Much better if you trade with study and you have to study about risk management too so you can trade profitionally without losing too much money in trading. In this way you can follow the flow of the market with precautions to avoid too much losing of money.
full member
Activity: 431
Merit: 100
June 11, 2020, 10:11:20 AM
Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
if for a beginner and plunge into trading when the market is in the pump of course it will be difficult. the market is moving fast and the skills to analyze the market will of course be very lacking. that brings us to a loss. but for a trader who is already proficient, they can see every possibility and opportunity in a high trading wave.
member
Activity: 406
Merit: 11
June 11, 2020, 10:07:04 AM
Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
jr. member
Activity: 252
Merit: 1
June 11, 2020, 09:08:04 AM
Yeah i go with that, many is not been factual about the presentation made in their site, as it been done with biasness which can make investor or give investor wrong impression thereby make wrong decision, hereby loose there money, personal research is needed for proper and good decision.
member
Activity: 322
Merit: 10
homt.net
June 11, 2020, 06:52:58 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. 
One thing is for sure is not follow everything so quickly without analyzing it.  Do not ever try to enter something that you can handle it. Just try to learn something with bright thinking.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
June 11, 2020, 06:35:41 AM
One thing I learn from trading that explains exactly what you said: chose your own battle. Never hop on every wave and trend if you don't know any single thing about it. Your fund is not unlimited so you should be careful. Let your brain and yourself rest from the stress to make a rightful decision when it needed.
The possible thing to do from the waves to short it but it's too risky to do that.
People must never try to get into the wave and they must remember the main point to trade never try to follow the bullish trend but just try to use the reversal trend (dump) as the point to buy.
full member
Activity: 653
Merit: 183
June 11, 2020, 05:51:20 AM
One thing I learn from trading that explains exactly what you said: chose your own battle. Never hop on every wave and trend if you don't know any single thing about it. Your fund is not unlimited so you should be careful. Let your brain and yourself rest from the stress to make a rightful decision when it needed.
jr. member
Activity: 1162
Merit: 1
Base.protocol
June 11, 2020, 04:09:48 AM
Pace of market is not really certain most times. So, do what you think suite you. People Stoll make money in bear market. Just know when to take your profit.
member
Activity: 784
Merit: 21
June 11, 2020, 03:16:49 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. 
To avoid unnecessary trading risks it's safer to prepare for bull and bear together, plan to take advantage of both, with bull market available sell your Bitcoin at high price for stable coins and wait for price dump to buy back, I've done this several times and the results are good
member
Activity: 714
Merit: 14
June 11, 2020, 01:03:49 AM
To some extent, it is good to follow the market trend in order to draw technical analysis from what altcoins to follow and which ones not to follow. Some trends give clue as to whether to buy in or sell out. It is not always a bad idea to follow market wave. It only becomes bad when the investor or trader FOMO in without making any research or analysis before jumping on board.
legendary
Activity: 1694
Merit: 1003
June 11, 2020, 12:50:34 AM
Most wave happens if BTC price surges some token went as much as 100% change in a single day it's good for the holders but its a trap for new investors, some investors will do impulse buying and that is where the problem starts.
full member
Activity: 515
Merit: 101
June 11, 2020, 12:01:30 AM
Most newcomers in the market are exposed to POMO and lose their money. They are always afraid that prices will rise and not have their share, so they often buy at high prices and suffer losses.
Over the years participating in the cryptocurrency market, I have understood that buying when the market collapses and selling when everything looks good.
FOMO is the main source of money for everyone who came in this market a long time ago. if there is no FOMO then we will not be able to earn money. so we just act smart and make good money
I feel like FOMO is the act that one will take advantage of other mistakes. For traders who joined the market a long time ago, they'll try to create the fear-of-missing-out to others but avoid getting it their own. In that way, they can avoid the risk of being reduced their capital for nothing. Leaning on the market wave may not be a smart move, but it brings instant profit that someone will need.
member
Activity: 406
Merit: 37
June 10, 2020, 11:36:42 PM
very risky if you invest following the wave movements in the cryptocurrency market because I have experienced it myself when the crypto market reaches its peak price, I think this is the beginning of an increase, then when the market goes down then a big loss has befallen me.
full member
Activity: 941
Merit: 100
June 10, 2020, 09:52:12 PM
most people who follow the wave when trading ordinary crypto will experience a big loss because they buy it when prices are at a peak, that's why it's good to invest when the crypto market is down or is stable.
before trading any assets, especially for daily trading of course we must understand the character of the market and the character of the coin movement that we will trade. when you choose and do not know how the movement of the traded coin market, it will cause losses. do not just choose assets.
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