Don't react to the fluctuations - page 7.

smyslov

sr. member

Activity: 2030

Merit: 269

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's hard not to, when you invested all your saving and you see it slipping just like that back last year I invested a lot of in one altcoin hoping that it will give me huge profit, it was a roller coaster ride watching the price dip and grow, because the coin is very unstable, I have to trade it all to Bitcoin because i finally realize Bitcoin is the only stable coin in the market, I made the right decision on that.
I'm comfortable looking in the market, because you are in a more stable coin, so if you believe you have invested in a stable coin, you don't have to worry.

djsugar

sr. member

Activity: 686

Merit: 262

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.

Reacting to the trend after it has happened is the biggest mistake, traders make. Once the fluctuation has happened, you need to wait to see the upcoming trend. During such big price fluctuations, whales get active and then they start manipulating the market as many retail investors start fomoing and make a wrong trading decision. One should make an educated decision before jumping into a trade.

Febo

legendary

Activity: 2730

Merit: 1288

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.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: Lanatsa on October 27, 2019, 09:58:01 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.

Nah its impossible for someone not to make any reactions into this very volatile market.As a human being we do normally act into these kind of circumstances
since we don't like to lose up money and we do keep speculating on where would prices would go and emotions and reaction is inevitable.
Important thing here is that you do know on how to ride with the waves.We are aiming for profits and these movements is the best recipe to gain those numbers.

I agree with you that it's inevitable to control emotions but I am requesting the users to be more cautious as risk takers and experienced traders made ride this fluctuations but it's not a cup of tea for everyone. Fluctuations does provide an opportunity to earn or lose if not dealt according but these manipulations which are created for short period of time might not be something which we are looking in a longer run.

AliMan

hero member

Activity: 1974

Merit: 502

Vave.com - Crypto Casino

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.

Some holders and traders we're not thinking for long term process on the growth of their asset, they kept looking after the updates of the market. When there's bubble price or surging trend of the market, that's the time panic buying is going to happen. Which I think inappropriate, and after seeing quicker changes of the price they always rant for their possible losses. Reacting to the actual fluctuations, was normal for us but don't be stressed out, because eventually it will recover to the best price it could.

Lanatsa

hero member

Activity: 2968

Merit: 687

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.

Nah its impossible for someone not to make any reactions into this very volatile market.As a human being we do normally act into these kind of circumstances
since we don't like to lose up money and we do keep speculating on where would prices would go and emotions and reaction is inevitable.
Important thing here is that you do know on how to ride with the waves.We are aiming for profits and these movements is the best recipe to gain those numbers.

Wysi

sr. member

Activity: 1638

Merit: 261

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.

Topic: Don't react to the fluctuations - page 7. (Read 2015 times)