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Topic: Don't get carried away! (Read 2490 times)

full member
Activity: 588
Merit: 106
October 27, 2018, 07:59:16 PM
thank you, yes you are right, when the bearish market is good for learning trade. because prices tend to be stable. easy predictions to make, profits can be determined. but still need to be vigilant. because when the market surges, bullish can give a big risk and a bigger profit.
member
Activity: 476
Merit: 41
October 27, 2018, 07:37:17 PM
Not sure what you mean by "3rd day in bear market"
But I kind of understand what you are trying to say.
When the market is slow you have more time to look back and analyze what has happened and look at your choices.

One of the things that you can do now, for example, is to take a look at percentages.
How fast did btc rise and what percentages? And when did it specifically start to decline?
As it was declining, how high were the mini pumps?
These can all guide you when the next bull run happens.
It gives you signals on when you should buy and sell.

Also, shouldn't we all be buying now?  Crypto is crazy cheap now lol.
member
Activity: 756
Merit: 12
October 27, 2018, 07:33:32 PM
Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!

I am agree with you that we should not get carried away. If we are selling our coin right now, I am believe we will lossing opportunity make profits. Better selling our coin when market condition start to recovery.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
October 27, 2018, 06:59:45 PM
Yes. that's true! Don't let your emotions dictate you. Once you do, it will result to a very poor decision-making that will cost you your investment. Getting excited when the price is high, for instance, can attract you to invest in but you should be careful that a steep fall of price can happen anytime.
member
Activity: 470
Merit: 12
October 27, 2018, 05:47:21 PM
Relying solely on your emotions might hurt you in the world of investing. Yes, everyone has its own, mostly subjective point of view of what the particular investor would like to gain. Anyway, being driven by FOMO and FUD will not help you a lot. Are you currently in a loss? Don't be upset; it has not been even a single year since we have attacked crazy heights. It will get better (I hope so at least  Grin). Now it is time to do proper research on what have teams achieved during the painful period. If they were doing great, you can imagine how would masses boost their confidence and products as well. Time to acquire some solid coins!
full member
Activity: 1442
Merit: 106
October 27, 2018, 04:05:05 PM
very true advice to those who are into the crypto space because you must be involved in the exchange part of the trade as long as you exist within the crypto space. 'the very smooth seas never made an good and experienced sailor' so the bearish market is the best lesson class for those who see trading as a prospective profession.
member
Activity: 616
Merit: 11
October 27, 2018, 04:02:29 PM
It is true that we all claim to be experts during a bull market, everything rises so everything we do is correct. However, when it is a bear market, only the skilled traders will profit while the newbies suffer with a red portfolio
member
Activity: 322
Merit: 10
Proof-of-Stake Blockchain Network
October 27, 2018, 03:50:15 PM
I think that now is a good time for many to start investing, as most likely in the next two months the market will begin to grow, but I do not think that there will be a strong jump in prices.

Perhaps you`re right. I also think that the market will not grow fast. It seems to me that growth will occur in spurts with small kickbacks for the price.
hero member
Activity: 1176
Merit: 500
October 27, 2018, 03:37:56 PM
I think that now is a good time for many to start investing, as most likely in the next two months the market will begin to grow, but I do not think that there will be a strong jump in prices.
hero member
Activity: 625
Merit: 500
October 27, 2018, 03:00:29 PM
Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"

In addition, the 3rd day in bear market shouldn't be neglected!

Always hold this and don get carried away!
this advice goes along with patience and emotion control. one day we should create a list of rules for those who are intended to join crypto yet can't master himself yet. psychological crypto constitution Wink
jr. member
Activity: 266
Merit: 1
October 27, 2018, 02:55:40 PM
Even in a bear market, smart people make money. This is just the perfect period for investing, well, of course in promising coins to your taste. After that, we can only wait and hope for the next offensive of the bull market
hero member
Activity: 966
Merit: 500
October 15, 2018, 04:03:55 AM
Absolutely, most people see a small movement in the prices and they are already carried away and panicking about their coins. This is where patience comes in. You have to make sure that you are patient and learn to pace yourself in the face of price fluctuations of the coins. As long as you hodl your coins you really do not have much to worry about in the market
copper member
Activity: 25
Merit: 0
October 09, 2018, 11:59:16 AM
If you truly believe in a project, then there is nothing better than to HODL during the bear, some even suggest to buy more during bearish.
Some say, not I , that make your coins/portfolio work like it's an investment.
member
Activity: 168
Merit: 10
The Premier Digital Asset Management Ecosystem
October 09, 2018, 11:58:11 AM
Everything is correct, the bear market is shown at once by whom what trader and the expert. It puts all on the place, and rewards the most worthy.
full member
Activity: 406
Merit: 102
October 09, 2018, 11:55:37 AM
Our work may not always go well. Don't sell your money when the market is bad, wait and follow exchange
full member
Activity: 336
Merit: 100
October 09, 2018, 11:48:36 AM
Basically, it's very hard to see that the market is changing its trend when you see enormous profits and exited as a child. The main rule is to remain cold-blooded while investing or trading, then you will be able to act correctly.
sr. member
Activity: 490
Merit: 250
October 09, 2018, 11:45:33 AM
It is also very hard to see your portfolio reducing every day. But if you stuck in altcoins, you can search for another opportunity to earn crypto or just make something else. Hodling is the only policy and we all hope, that the bearish market will end soon.
Right now it is probably the worst time to be stuck holding altcoins, altcoins have been going down for months and there is not a sign of a recovery, you should have sold your altcoins long time ago and bought bitcoin instead, if you did that at least you will not be losing as much money, I know it is hard to identify the moment in which you need to move from bitcoin to altcoins and vice versa but it's something that you need to do if you want to become successful in this market.

I say this because I was lucky and I was able to move my small investments in altcoins to bitcoin just before we saw the great decrease in the price of all altcoins and that has made a huge difference in the amount of money that I could have lost.

There is some truth in this! I agree that for too long we'll go. The token has long been necessary to translate in bitcoin and wait for it to grow. But there is another side of this coin, now it is stupid to drain tokens because the price is low at all!
full member
Activity: 686
Merit: 102
October 09, 2018, 11:18:11 AM
Yeah, this bear market is a perfect time to learn something new and become expert. Those who survived during this bloodbath are the most potential crypto players.
I am among of them,but my portfolio is really sucks
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 09, 2018, 11:17:25 AM
It is also very hard to see your portfolio reducing every day. But if you stuck in altcoins, you can search for another opportunity to earn crypto or just make something else. Hodling is the only policy and we all hope, that the bearish market will end soon.
Right now it is probably the worst time to be stuck holding altcoins, altcoins have been going down for months and there is not a sign of a recovery, you should have sold your altcoins long time ago and bought bitcoin instead, if you did that at least you will not be losing as much money, I know it is hard to identify the moment in which you need to move from bitcoin to altcoins and vice versa but it's something that you need to do if you want to become successful in this market.

I say this because I was lucky and I was able to move my small investments in altcoins to bitcoin just before we saw the great decrease in the price of all altcoins and that has made a huge difference in the amount of money that I could have lost.
copper member
Activity: 448
Merit: 14
October 08, 2018, 05:01:34 AM
Experts say that we did not buy at the highs, and acted on the turnover. You need to buy a coin when the price of the coin is minimal, and to sell a coin, you need when the price of the coin is maximum. The only problem is to determine these periods of time.   Cool
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