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Topic: Do not follow every market wave - page 5. (Read 1516 times)

sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 28, 2020, 04:28:29 AM
#86
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.
Monitors the market is something that must be done by everyone, not just you, especially for active traders and it is not only necessary to do this at the moment, but it has always needed to be done so that we all avoid losses in the market.
jr. member
Activity: 980
Merit: 1
May 28, 2020, 04:06:26 AM
#85
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.
hero member
Activity: 2604
Merit: 816
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May 28, 2020, 03:49:22 AM
#84
Wave coin always make new way when some time without any prediction before price going up and hold just few minute before down, I check many time wave suddenly up just few minute only and then back to lower price, I think the developer make drama with their coin and we as an investor have ready always when wave up or down.
I think that is because some pump groups come to the market, and they make a fast action which can make the price increase so high. That is always happening in many exchanges, and if you can use it and follow the price, I think you can have a chance to make a profit. I think that is not because of the developer because there are many possibilities for the market increase.
full member
Activity: 515
Merit: 101
May 28, 2020, 01:46:20 AM
#83
Unfortunately, I learnt this the hard way but lost a whole lot before I realized it was the wrong way to trade. I thought I was wise at the time until got caught in between trades and ended up losing a lot of money. Some of these market waves and price reactions are mostly whales playing with the prices and influencing the market. You might be thinking your analysis has properly made it only to be shown another side of the market by whales. One has to be really careful when trading the crypto market as it is full of extreme manipulation.
You're right. Waves in the cryptocurrency market are normally created by whales. They want to pump the prices and then dip it down for their own reasons. However, following waves isn't that bad. You can jump in and jump out real quick by setting your profit target at a reasonable point. By that way, you can earn some bucks while the waves changing unpredictably. I call it "ride-the-wave".
hero member
Activity: 1722
Merit: 508
May 27, 2020, 08:56:32 PM
#82
Wave coin always make new way when some time without any prediction before price going up and hold just few minute before down, I check many time wave suddenly up just few minute only and then back to lower price, I think the developer make drama with their coin and we as an investor have ready always when wave up or down.
member
Activity: 434
Merit: 10
May 27, 2020, 08:46:04 PM
#81
Very true! Not all market trend are to be followed. Why this? The market are sometimes manipulated especially for some tokens at a particular point in time. Some cryptocurrencies are pumped intentionally without any organic growth in order to cause FOMO. All FOMO cryptocurrency follow the parabolic movement, once they go up will definitely drop back to their initial stage and sometimes die off. This happen to some altcoins without any solid team or fundamentals.
jr. member
Activity: 182
Merit: 1
May 27, 2020, 07:50:14 PM
#80
Unfortunately, I learnt this the hard way but lost a whole lot before I realized it was the wrong way to trade. I thought I was wise at the time until got caught in between trades and ended up losing a lot of money. Some of these market waves and price reactions are mostly whales playing with the prices and influencing the market. You might be thinking your analysis has properly made it only to be shown another side of the market by whales. One has to be really careful when trading the crypto market as it is full of extreme manipulation.
sr. member
Activity: 882
Merit: 251
May 27, 2020, 07:07:47 PM
#79
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.
It's not consider about there are so many old holders even losing their money due to the dump that happened before. It's better to give a limit when we have been getting decent profit from the market and just sell it for stable coin or bitcoin to re-invest again for the next time.
I think investors who are trapped in high prices are better to choose the way to keep waiting until the price rises again because when you sell assets at a low price will only provide losses while if re-investing will not provide a profit guarantee, it's better to keep waiting until prices go back up.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
May 27, 2020, 07:00:09 PM
#78
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.
It's not consider about there are so many old holders even losing their money due to the dump that happened before. It's better to give a limit when we have been getting decent profit from the market and just sell it for stable coin or bitcoin to re-invest again for the next time.
full member
Activity: 523
Merit: 100
May 25, 2020, 07:32:38 PM
#77
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 want to tell you something, suppose you are following every wave which means you are doing something. If you are doing something, you will get something from it. I would suggest to follow every wave but lose should be under your control. You will never know how to handle bear situation, if you do like this.
newbie
Activity: 7
Merit: 0
May 27, 2020, 06:16:49 PM
#77
The most important thing is not to follow the market wave on its end. So if you see that it's bottom of the price, don't sell your coins. On the opposite, if you find out that some coin went up rapidly, don't buy it. I think it's still extremely important info for newcomers
member
Activity: 1092
Merit: 67
May 25, 2020, 06:30:04 PM
#76
Yes you are right. While you are learning to trade, it will be useful for you to follow each wave of the market in order to learn how to trade and gain experience. But then, when you will have a strategy, you must stick to it, learn self-discipline and not make more transactions than necessary.

Yes, there's nothing wrong to follow every market wave but you should know how to handle yourself in this market. You should stick to your plans and not be influence by what others are saying. Your life will be a mess if you will read and follow the suggestions of others. Just keep track your trading motto here, buy low sell high.
member
Activity: 368
Merit: 11
May 25, 2020, 06:18:48 PM
#75
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.

Your point is valid, a friend of mine messaged me today asking if it is safe to invest in cryptocurrency now and my reply goes as follow; One thing is sure in crypto market.... It will always go up and will surely come down overtime.... The real deal is how long will u be willing to keep the investment locked away. I think the more people understand this fact, it will really help them from trading traumas
member
Activity: 921
Merit: 10
May 25, 2020, 06:17:16 PM
#74
Yes you are right. While you are learning to trade, it will be useful for you to follow each wave of the market in order to learn how to trade and gain experience. But then, when you will have a strategy, you must stick to it, learn self-discipline and not make more transactions than necessary.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
May 25, 2020, 06:04:09 PM
#73
the most important thing is we should follow the trend when we trade in the market and do not fight the market
trend is your friend buddy
regards
member
Activity: 690
Merit: 12
There are consequences for every action
May 25, 2020, 04:35:12 PM
#72
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.

The truth is what you have stated here, and this is why we must always remind our neighbors, newbies about the principles of trading,
It is never a get rich quick scheme, and it is not a joke either.

Never second guess, dyor and follow the market trends positively.
hero member
Activity: 1554
Merit: 503
May 19, 2020, 10:30:30 PM
#71
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.
true, it takes 1-2 years to see the results of the coins that we hold, and it is indeed easy but we also have to choose the right coin to hold for a long time, that's also what I do for now, need enough patience high to get results
legendary
Activity: 3108
Merit: 1029
May 19, 2020, 10:22:35 PM
#70
You are right no doubt but there is something they call FOMO (fear of missing out) that comes into your mind when you are in the market. It might actually never come back to the price you are seeing it.
Fomo is a very big tool that you need to have under control.

All of your thoughts are right but we can't control fomo. Either, we need to understand it because it's not like a TA (Technical Analysis) or FA (Fundamental Analysis). So we always need to cross-check anythings and must be a well-educated about crypto-currency/trading, the news is true or just a fud like you said . Cheesy
Ethershift has already dumped more than 50% from its weekly ATH and that has already proven if FOMO will be running until the whale who pumping it will be feeling bored with the market. You can't control FOMO but you can short it.
full member
Activity: 896
Merit: 108
May 19, 2020, 07:59:53 PM
#69
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.
The first choice is not entirely bad, the conditions must understand market analysis techniques. If the orientation is to get instant profits without wanting to learn this ecosystem, all we get is loss.
The second way is good, but we also have to understand when the right time to return.

Basically we have to understand the technical analysis of the market, whether for the short term or the long term. That analysis affects our decision to choose buy, sell, or hold. If you do not have that ability, your confidence will decrease, so you are easily influenced by people's opinions, FOMO.
full member
Activity: 896
Merit: 102
May 19, 2020, 11:39:08 AM
#68
There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.
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