Don't react to the fluctuations - page 6.

Obito

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

There is no mistake on reacting because that is when we start to hook up. The only mistake in that is the reckless buying that you even sold things that is nkt necessarily have to be sold in exchange of that coin. Anyway whether the market goes much more than it already did you will be either way buying more coins. But reacting is not a mistake it could be corrected with proper buying.

Wysi

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Quote from: topbitcoin on October 28, 2019, 01:50:13 AM

Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

Actually in deep of our mind, or in our heart when something not happen or already happened like this, we think we can do it. But when the time come, usually we can be more panic than others. Maybe not we, but only me with other weak holders. When dump or pump come, usually we not want to miss the moment. And then trapped in bull trap or bear trap. But i think it is only the matter of time and experience.

Yes it's all the spur of member where we lose our emotions and get into buying or selling whenever there is a pump or dump to make it profitable for us and I have made same mistakes numerous times until I have made a algorithm for myself about buying and selling and I have not reacted to the recent fluctuations. It's not easy to hold on but losing money make you understand about bull trap or bear trap.

topbitcoin

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

Actually in deep of our mind, or in our heart when something not happen or already happened like this, we think we can do it. But when the time come, usually we can be more panic than others. Maybe not we, but only me with other weak holders. When dump or pump come, usually we not want to miss the moment. And then trapped in bull trap or bear trap. But i think it is only the matter of time and experience.

Doell

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Quote from: inanilujimi on October 28, 2019, 01:11:37 AM

everyone has a different view of what will be done with a spike in the market, but as far as I'm observing people will react when there is a significant increase, so whether it's an up or down trend surely people prioritize their own interests rather than others.

afaik observe its like that when it come to trend every individual will surely follow the ongoing path ,not panic but opportunity will not come thousands of times and take advantage of this conditions ,advised not to buy or sell if loss or doubt just relax

Pamadar

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Quote from: Tylev on October 28, 2019, 01:16:13 AM

Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

No, I do not agree with your opinion. We must constantly research and discuss the behavior of cryptocurrencies in order to understand its nature and learn how to predict its development. Anyway, this forum is exactly for this purpose and is intended to discuss news in the world of cryptocurrency and its development trends. Therefore, for sure, we will continue to respond and discuss the reasons for the ups and downs in the price of our cryptocurrency.

We should find suitable reason on how we should act so we will not end up losing our money. We need to keep learning and never stop looking for good pattern to work with because speculations and all those opinions about market movements can be learned from your continuous effort to seek
good knowledge.

Trading with cryptocurrencies need to have a support information in order to be in a safer side of this market. Stop being swayed by artificial
trends that was created by whales but always find concrete reasons before taking any actions.

pooya87

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

the bitcoin market is going through quick pump and dump

that is not what "pump and dump" means!
a pump and dumps is where price is falsely pushed up and then as it reaches climax the manipulators cash out and price crashes back down. do you see a crash down?
this was a dump and then correction or recovery.

as for the title, a better suggestion is stay away from day trading if you have no idea what you are doing and call rises pumps and falls dump! for a day trader these fluctuations are the only reason why they continue trading.

inanilujimi

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everyone has a different view of what will be done with a spike in the market, but as far as I'm observing people will react when there is a significant increase, so whether it's an up or down trend surely people prioritize their own interests rather than others.

Tylev

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

No, I do not agree with your opinion. We must constantly research and discuss the behavior of cryptocurrencies in order to understand its nature and learn how to predict its development. Anyway, this forum is exactly for this purpose and is intended to discuss news in the world of cryptocurrency and its development trends. Therefore, for sure, we will continue to respond and discuss the reasons for the ups and downs in the price of our cryptocurrency.

michellee

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People are panic because they think that if they don't buy with instant, they will not have a chance to make a profit. They tend to buy at a price now without thinking about if the price will be down or up later. When there is a green candle appear in the market, people are ready to buy with a lot of money.

But later, if the price cannot increase higher than the price they bought and they see the price is dump so hard, that makes them disappointed because they buy at the high price. And if that already happens, they could only wait to see another chance to sell at a high price.

Oasisman

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This topic has been discussed multiple times already and here we are again giving out advices from the people who poorly executed their investments in times of major fluctuations.
Reacting to fluctuations is kinda normal for everyone, and what matters most is that if you were able to make a profit or took advantage of the market condition. Not reacting at all means not doing something, and It will lead you to nowhere but to wait for the target price you set, because I assume doing nothing during fluctuations is like hodling long term.

blckhawk

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One of the greatest challenge of having a volatile market. It's hard to keep decisions in mind because of high price fluctuations and unpredictability of price direction due to market manipulation by whales. Even me, I'll admit that I sometimes stress out and get off track, making the wrong decisions. However, it's not necessarily bad, it's normal that we're being droven by these fluctuations especially if we are day traders. If however you are one of those hodl for life and only care for long-term investment, it's better to stay off the charts.

Wexnident

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I'd guess by don't reach to the fluctuations means don't panic? As traders, we must always naturally react to changes in the market since our plans that we have set may be changed depending on the market fluctuation. Besides, Reacting is not solely limited to panic buying or selling after all, so OP's topic may seem a bit confusing.

Although I get the idea, those that panic in face of fluctuations are either short term investors or those that are newbies to trading. Most people who have experienced HODLing over the 2017 bubble should be already quite experienced with such fluctuations and should be able to react positively to such events.

Quote from: Febo on October 27, 2019, 10:51:38 AM

Quote from: Wysi on October 27, 2019, 08:49:56 AM

We have been doing same mistakes again and again ...

If you did it few times you should learn. Everyone need to do few trades to understand that he is a small fish and that Whales will eat him. You learn best by doing it. OK some people are smart enough and know how to listen. For the rest of us we need to learn on our mistakes. But if you repeat same mistake again and again, then I dont really know what to advise you beside to visit your doctor and ask him to get you a specialist.

Indeed, get a specialist. You need help. Like immediately. It's like you lost the basic inheritance of a human being who learns from his/her own mistakes.

sunsilk

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Why would you want people to stop reacting when there are fluctuations? that's basic attitude we have towards the market and we always act accordingly with anything that we see to the market.

If it's against to what we want, then we would buy as part of a known strategy of buying when it is low. And if the price increases, expect that many will start selling and buy as well because they don't want to miss the rising momentum.

magneto

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The title should be more accurately reflected as "don't overreact to fluctuations".

Why? Because reacting to market movements is good. It means that your position on BTC is not stagnant, but rather is dynamic as market developments comes into play.

Otherwise, you're essentially the same as the gold bugs that held gold without taking into account what period or what cycle they are a part of, which is completely irrational in itself.

jakelyson

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

It cannot be helped. Those who have been here for a long time and acquired enough experience will not be easily swayed by market fluctuations and P&D news. But there will always be newbies who easily get scared when the market dumps or FOMO when it pumps. But in time they will learn and will adapt to market fluctuations. They will have to take their losses as stepping stones to become better in cryptocurrency.

rdluffy

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I'm here for some time, and doing some trades are the best way to have more BTC for the long term
It's not difficult, but if you don't have patience or knowledge, it's better to hold, like you said

hugeblack

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Losing does not mean anything as much as you can learn from it, it is not a problem but repeating the same mistake without taking advantage is the problem.

If you want to play from the safe side, "skip the risk" this market is not suitable for you.
It does not mean that you invest randomly or based on the hopes of "wait a week", but think about how to gain from all these changes to turn losses into gains and win at all times.

If you do not acquire that skill and you believe in this technology, the easy solution is timeless.

error08

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We should react to the market fluctuations, I've bought at $7500 and satisfy sold it at $9250, still profitable.
Because a pump will lead to another dump, if the price can hold a new persistence level about $9K, it's a good thing for us, just wait for a chance to buy after analyzing where the market heading next. Usually, I'll wait several days until a week before making a conclusion.

cryptoangel

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Quote from: Wysi on October 27, 2019, 08:49:56 AM

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.

In trading platform we can move at anytime and any fluctuations will occur in future days. Because we don't wait for one or two weeks, normally all the trading exchanges have many features so we can fix the ratio it can move at anytime. We don't monitor the every moment because automatic transaction also available it is easy to survive on any period.

jets567

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Market fluctuations is natural in crypto and some traders see it as an opportunity to make a quick profit so I think it is wrong not to react on market fluctuations unless your goal is long term then it is not advisable to buy during this situation because its hard to tell if you buy at dips due to the price changes in short period of time.

Topic: Don't react to the fluctuations - page 6. (Read 2015 times)