This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets.
Avoiding losses is another way of making money. In the world of crypto currencies, there are few coins that all of sudden show huge increase and then are down to zero. We shall be able to get rid of them in their dumps. Though market is kind of unpredictable these days but if we look at price chart of bitcoin, it gives hope of some decent increase in the values of crypto market so we shall buy potential coins now and earn a good amount of profit.
Topic: Don't react to the fluctuations - page 4. (Read 2015 times)
This is usually the scenario that others being reactive to the fluctuations in the market. We cannot avoid these to happen. The price fluctuates as this is an opportunity for some to purchase and sell at this point. It happens to me when the market is volatile I have a wrong decision made that is panic sell. Observing first the market before making a decision is significant.
Fluctuations is the result due to most assets that are traded here are limited in supply, hence, its normal that we should not aware.
What's more is that this fluctuation makes the asset so volatile and that's the reason why traders are attracted to play in this risky market.
For me, based on my long experience being a crypto trader, I've already witnessed many times that bitcoin pump hard and dump hard.
Actually what people only like is to pump hard, and that makes them unrealistic with their approach in crypto as any big movement should result to correction.
What's more is that this fluctuation makes the asset so volatile and that's the reason why traders are attracted to play in this risky market.
For me, based on my long experience being a crypto trader, I've already witnessed many times that bitcoin pump hard and dump hard.
Actually what people only like is to pump hard, and that makes them unrealistic with their approach in crypto as any big movement should result to correction.
We can react if its necessary, if you are day trading, every price fluctuation is important to you as that would give you a timing to make your entry point.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
Yes I know fluctuations are earning opportunity for the day traders and this post which I shared was my personal opinion as I personally cannot be involved in full time day trading but yes there are many who fully into day trading and they might feel my post is irrelevant by this post was for normal users like myself who are not into day trading because day trading is not for everyone.
We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
I believe there is no wrong in reacting to the fluctuation. The problem why we lost during these fluctuations because we had choosen wrong choices such as buying instead of selling when price pumped and selling instead of buying when price dump. If we timed our buy and sell right due to our right decision, we will see that reacting to the fluctuation is pretty profitable than just going idle what ever happen to the Bitcoin price.
This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets.
If we keep asking people to follow his recommendation, then there will be no money left in the market, because as people is selling their coin when they see pump, they will not also not panic sell for us to buy at cheap price or may even not make any buy or sell action move.We need to understand that this is a market, and a market is a place where people must definitely buy and sell, so if people chose to respond to market at their own convenience, we should not really scold or discourage them, it is not everyone that you see go to the market makes profit every day, there are times they make losses, there are times they sell for profit and there are times that they just sell to recover their money back, which is what is the main beauty of any market that you see.
We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
Well, for a long term investor the daily trends never matter, he does what he believes in and buy it and forgets it for a long period of time and then after that he cashes out. But for a day trader like me, daily fluctuations are very useful to make a few bucks, just your timing should be right to go in and cash out. 
We can react if its necessary, if you are day trading, every price fluctuation is important to you as that would give you a timing to make your entry point.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
Yes I know fluctuations are earning opportunity for the day traders and this post which I shared was my personal opinion as I personally cannot be involved in full time day trading but yes there are many who fully into day trading and they might feel my post is irrelevant by this post was for normal users like myself who are not into day trading because day trading is not for everyone.
We can react if its necessary, if you are day trading, every price fluctuation is important to you as that would give you a timing to make your entry point.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.
We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets.Last 3 months ago it had been a slow movement and there is not much profit in it.
5% is something people here don't consider severe, but I'm sure that for most institutions trading this market 5% movements are massive.... such moves aren't commonly seen in the legacy markets.
Also, you can play with leverage to make lower price movements count more. It's not for nothing that platforms such as BitMEX are doing so well, especially during times with little to no volatility.
We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets.Although some of the traders regret through the outcomes of their trading, it not a good reason to stop. This happened for a good reason, so don't bother being stressed about it. Face the struggles and always look for a good alternative in order to survive.
Patient is the master key here. Don't just rush into any bull trap move. Bitcoin is volatile and let's wait until the move is natural.
and what is the metric of the natural move you talk about?i don't see there is any metric for that , the fluctuations is here to ride for those who really know how to take an advantage of it will laugh at this as they short it out and making money while we are talking endless about the fluctuations itself.
feel free to just sit and watching but don't cry later at the time when the move is unstoppable and people like you guys become more confused than before.
i prefer make a quick move spontaneously of course not based on speculative way which could be called as FOMO.
observe everything and don't miss chance by chance by too long making decisions.
motionless/reactless will get you nothing.
That is for first timers.
This is normal for people like us who had been doing this.
Actually, this is the time where it is more profitable if done in the right direction without emotions getting in the way.
Last 3 months ago it had been a slow movement and there is not much profit in it.
This could be the last time it will happen again and afterwards we might see a big dump or a pump.
This is normal for people like us who had been doing this.
Actually, this is the time where it is more profitable if done in the right direction without emotions getting in the way.
Last 3 months ago it had been a slow movement and there is not much profit in it.
This could be the last time it will happen again and afterwards we might see a big dump or a pump.
We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets. 
Patient is the master key here. Don't just rush into any bull trap move. Bitcoin is volatile and let's wait until the move is natural.
Theres alot of money in reacting correctly to each day or weeks mood variation. I wish I was so smart to keep selling at the top and buying at the bottom of the regular range, I could become a rich man that way.
Heres how I see it currently in a basic way, we will likely see the moving averages move closer for week and monthly then a break upwards or some weakness from there. 50 day MA also relevant for the wider time frame, I think some revision downwards is likely.
Heres how I see it currently in a basic way, we will likely see the moving averages move closer for week and monthly then a break upwards or some weakness from there. 50 day MA also relevant for the wider time frame, I think some revision downwards is likely.
Fluctuations are usual for Bitcoin price but some users can't resist it and always react to it, probably because of lack of experience or probably just human psychology.
As soon as you accept fluctuations as normal part of Bitcoin cycle that you simply need to count on the smarter decisions you will make.
As soon as you accept fluctuations as normal part of Bitcoin cycle that you simply need to count on the smarter decisions you will make.
The fluctuation seem to have cool down already, there is no need to panic now.
I haven't reacted this way for a very long time also. I learned to read the chart somehow through the help of the users here explaining how the indicators tell us not to panic. When BTC take a dive, I don't seem to see myself hurry to login and sell anymore, I've lose enough money to worry for whatever is left now. All I do is hold, buy when it dips again. When we see price seem to good to be real, sell and wait for the correction and I guess all are doing it this time.
I haven't reacted this way for a very long time also. I learned to read the chart somehow through the help of the users here explaining how the indicators tell us not to panic. When BTC take a dive, I don't seem to see myself hurry to login and sell anymore, I've lose enough money to worry for whatever is left now. All I do is hold, buy when it dips again. When we see price seem to good to be real, sell and wait for the correction and I guess all are doing it this time.
Price fluctuation is very common with bitcoin and other cryptocurrencies. Whenever there happens something associated with the cryptocurrency network there will be fluctuation in the price. This happens with large scale variation as well as within small ranges. If we begin to react to these fluctuations then we'll profit or we'll loss. This is upon the way we study the market and make decisions.
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