Topic: Do not follow every market wave - page 4. (Read 1532 times)
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.
You are right, however.As a trader one has to see new market trends.This is the normal process. Bitcoin and Etherium in particular need to look at market sales & buy.Then the system of the market can be understood.
Well we have different strategy, so if you think following market wave can help you with your own trade or can give you idea to be a better trader then why not, it depends on us.But much better to have your own plan and strategy. Know when to take advantage the market because its important in order to make profit.
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 moneyOver the years participating in the cryptocurrency market, I have understood that buying when the market collapses and selling when everything looks good.
It will be glaring enough that anyone who follows all market wave is not a good trader but a gambler. Trading has a pattern and not a quess work. If you are quessing you will keep hoping from one trade to the other with many loses.
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 Over the years participating in the cryptocurrency market, I have understood that buying when the market collapses and selling when everything looks good.
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.
Over the years participating in the cryptocurrency market, I have understood that buying when the market collapses and selling when everything looks good.
That´s why Hodling is so crucial. If you are not into daytrading or scalping it makes no sense to go nuts whenever a price moves in a certain direction. Just as with every other investment you need to keep your money together by working with an investment plan, have an idea about risk and a proven profitable strategy.
As we all know that the market wave is unpredictable. At times the market might rise and at time it might fall, so with my own view I think it doesn't matter if you follow the wave while trading and it can give benefits because the wave will determine the market direction.
And I think I need to monitor the market, for every rise and fall. This is the only way to see the full picture. Of course, if the nerves are out of order. It’s better to invest and look at the situation once a month. But a lot can happen in a month.
Instead of monitoring the market, why not follow the basics of market by definitely studying the market
Study the market waves, market trends and do your own research too.
Studying the market includes monitoring the market, that would give you a clear picture of what has been happening, you don't need to be an expert to determine what's going on, if you are actively monitoring the market, you can see it's behavior and there you can make a good decision.
By simply buying at dip and selling at peak, I think one can do that with good timing.
You have stated very rightly, but do you know that you need to be an expert to be able to get the correct timing to buy at dip, and sell at peak.
Its not always only knowing the market, but also knowing when to make the right decisions.
And I think I need to monitor the market, for every rise and fall. This is the only way to see the full picture. Of course, if the nerves are out of order. It’s better to invest and look at the situation once a month. But a lot can happen in a month.
Instead of monitoring the market, why not follow the basics of market by definitely studying the market
Study the market waves, market trends and do your own research too.
Studying the market includes monitoring the market, that would give you a clear picture of what has been happening, you don't need to be an expert to determine what's going on, if you are actively monitoring the market, you can see it's behavior and there you can make a good decision.
By simply buying at dip and selling at peak, I think one can do that with good timing.
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.
I think it doesn't matter if you follow the wave while trading, 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.
and it can give benefits, because the wave will determine the market direction,
It matter Lunnatic, you can lose money! Benefit is making a profit, but you can't make profit
with every market swing. I mean you can, but than you would be extraordinary trader! Rich trader!
I agree with Ifemini! To much pressure, it's safer and easier to just hold! Invest in long-term, in
projects you believe, that will make some changes in the world! I do that, and I don't bother my mind
with market waves! I try to use drops and buy in that moments, but many times I invested and price
dropped after that!
And I think I need to monitor the market, for every rise and fall. This is the only way to see the full picture. Of course, if the nerves are out of order. It’s better to invest and look at the situation once a month. But a lot can happen in a month.
Instead of monitoring the market, why not follow the basics of market by definitely studying the market
Study the market waves, market trends and do your own research too.
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.
I think it doesn't matter if you follow the wave while trading, 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.
and it can give benefits, because the wave will determine the market direction,
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.
True mate. Crypto market is not stable. A token could pump & them dump a lot within an hours. But there are some new traders who follow market wave and faced a bad expriance.but a little profit could earned from some waves if anyone have expriance 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.
when the crypto market is unstable, we have to be on time to invest because if we are impatient when the market conditions are like now then we will continue to suffer losses, invest when the crypto market goes down and follow the market movements when stable.
Yes, investing when the market is down is good even though there are still risks, and even better if the market has gone down too deep, because then it will provide greater profits when the market has started to rise again.
Even more stressful for those who have entered in long and expecting the bitcoin price to still go on , but suddenly went back wards. It is not that bad to follow the track or flow of the market as long as you are capable of accepting the outcome. You can always make an entry and be ready in any possible movements to happen to prevent any looses or gains.
If anyone analysis the BTCitcoin trading chart, he/she definitely will use the stop-loss option for the risk management. Thus none will loss after entering the long positions of trading. On the other hand, anyone don't use the own strategy of risk management than sure to be lossed funds in everyone markets whether it's bull or bear . So, everyone should use own strategy of risk management in order to be a successful trader and make profits in any markets. 
Yeah bro, you are right, it is too stressful to follow up with market movements, today I was watching in binance how btc was flying up to 9.9k+ but suddenly it just started going down to 9.6k+, all this happens within minutes, this can definitely stress someone out, at a time I thought it was beginning bullrun 
Even more stressful for those who have entered in long and expecting the bitcoin price to still go on , but suddenly went back wards. It is not that bad to follow the track or flow of the market as long as you are capable of accepting the outcome. You can always make an entry and be ready in any possible movements to happen to prevent any looses or gains. 
when the crypto market is unstable, we have to be on time to invest because if we are impatient when the market conditions are like now then we will continue to suffer losses, invest when the crypto market goes down and follow the market movements when stable.
Yes, investing when the market is down is good even though there are still risks, and even better if the market has gone down too deep, because then it will provide greater profits when the market has started to rise again.
It is not necessary to wait for a long perspective to sell your coins. Many traders trade in short-term trading and quite successfully. If it is profitable for you to sell, sell, then buy back at the lowest price. Everyone has their own strategy. Give it a try.
when the crypto market is unstable, we have to be on time to invest because if we are impatient when the market conditions are like now then we will continue to suffer losses, invest when the crypto market goes down and follow the market movements when stable.
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