Every thing I touch go down (gravity rulez)

Fredomago

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Quote from: romecheo on August 12, 2019, 05:24:18 PM

Anyone would experience that, especially in trading. We're watching the up trending of every cryptos of our choice, then, when we bought, it dives deep.

This is a matter of timing, any new or adventurer on becoming traders needs to understand the basic concept of trading.

How sad thus happens. But there are traders who buy and they immediately make profit. The price do not go down in them because they know when to buy. This is a skill people acquire and it is not common. Those who do not have it will continue to miscalculate and make it look like it is luck against them.

It's a skills that's being developed from each trades that every traders experienced a learning process that can be acquired once you engaged yourself to this types of business, every mistakes should be understand and allow yourself to make a positive assessment and not to allow yourself to worried that much and stressed your minds, think positively and harvest your great success.

jostorres

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One thing I have noticed about some people is that they don’t really get to know much about altcoins before investing. Bitcoin is different and most of the news that comes up usually focuses on Bitcoin and its very possible that before investing in Bitcoin you already know about it. But why don’t you do the same when it comes to altcoins?

Some people don’t do proper research on the ALTCOIN they want to invest to know everything about it, but they just invest because of what they hear people say. That’s one of the reasons it’s best to only invest in just one cryptocurrency, cause that way you’re sure of giving it all your attention, reading news about it and focusing your analysis on just that coin.

Some people here are just gambling in the name of trading, one person here would just be investing up to 50 coins and he or she knows nothing about 45, then how do you plan to achieve there? Better to focus on only one that you can give all your attention or any number of coins that you’re sure you would give your all attention. That way you wouldn’t be making so much mistake and you would be knowing what to do and when to do it.

nydiacaskey01

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Its possible that you don't check the coin first before you decide to hit the Buy button. If you choose a coin that is in the green already and the price difference in 24 hours is higher than 5% to 10%, expect that price will go down anytime soon unless there is a huge demand for that coin. That's why if you plan to Buy an coin, check the price difference first if its too much already.

el kaka22

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If the theory that anything you touch would go down was real the clearest choice would be leveraging your purchases against yourself in a place like bitmex. You would buy bitcoin somewhere and before that you would put a shot future with high leverage as well at the same time and because you bought bitcoin the price would fall and you would make money.

However, since it is just a psychological thing and you never really know how much you are right and if the price would fall just because you bought is uncertain nobody really does that. It is a feeling and everybody feels that time to time, there are months or even YEARS without profit and than one day you make enough to recover all of it, that is why patience is the biggest key in bitcoin and all of crypto, be patient and you will be rewarded.

Lanatsa

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Quote from: romecheo on August 12, 2019, 05:24:18 PM

Anyone would experience that, especially in trading. We're watching the up trending of every cryptos of our choice, then, when we bought, it dives deep.

This is a matter of timing, any new or adventurer on becoming traders needs to understand the basic concept of trading.

How sad thus happens. But there are traders who buy and they immediately make profit. The price do not go down in them because they know when to buy. This is a skill people acquire and it is not common. Those who do not have it will continue to miscalculate and make it look like it is luck against them.

For those who do just trade up without any basis where they do get or buy in without analysis or basis would most likely act as a gambling.You wouldn't know on what would happen next since you aren't basing anything.

All of us do really experience this gravity rules in trading for sure.Anytime you bought in and suddenly the price drops then it do create some panic in mind and you later on sell off after that incident which causes for you to lost money instead of just simply holding it down.

lixer

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If you're a newbie then I think it's just normal. You get affected by the hype and buy because of fomo. Join to some crypto groups and read their opinions about the market. But if you have been trading for some months or years then maybe you need to learn it again and find where you are doing wrong.

Except one is good at doing very good analysis using technical and fundamental combined with other methods of knowing the real direction of the value of a coin at a particular given time, it may be very quiet difficult not to fall for fomo, especially when it is coming from a coin that we so much trusted, look at the last time that bitcoin got to $13800, with every analysis that I did, and which majority of people did, it was pointing towards the value heading for $15k, and we could see majority of us falling for fomo and buying at$13800, especially we that does shorts a lot in the market, but look at where we have been since then, so we just have to be very careful and be extremely patient if we don’t want to be a victim of fomo at any time.

Julien_Olynpic

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Now, probably, many traders can say the same thing to themselves. There is nothing surprising. Now there is a phase in which the main coin is Bitcoin. But times are changing. A good idea is to buy a bit of altcoins.

romecheo

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You have a magic touch, I guess. Whenever I whatever cryptos you pick, it goes drop suddenly. I want to follow your movement, so I can avoid being bankrupt.

Just kidding,

Anyone would experience that, especially in trading. We're watching the up trending of every cryptos of our choice, then, when we bought, it dives deep.

This is a matter of timing, any new or adventurer on becoming traders needs to understand the basic concept of trading.

Theb

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We might not be talking about "gravity rulez" here or even bad luck it will most probably go down to your own trading style. If you are that kind of trader in the market where you try to catch up on the hype train or even try to buy while the price action is already on its climax then more likely than not you have bought a losing position. Entry especially in the bull market is the most important thing for you to determine if you will profit from it or not it will make or break your trade just by knowing what price you will buy your position. My advice is if you haven't bought something that is already going up and you don't have a position for it beforehand I would just avoid it entirely rather than risking my limited capital if not you can still try to enter but do have an exit strategy and prepare to cut losses when that happened.

redsun114

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Quote from: mani99 on August 09, 2019, 11:28:04 PM

I started trading a few weeks ago, and made a real effort to do technical analysis before making any trades. Record so far? 8 trades, 8 losses. I started with $1200 and am now down to $850. Fortunately, the money I am using was from ETH that I had held onto from a couple of years ago, so the loss doesn't hurt.

I simply cannot time my entries, and I do set decent stop losses but these get activated and I sell at a loss. A bit frustrating!

There is no loss that does not hurt, you have to first erase that from your mind that you can do without that little, hold every 1 cent that you have in that market as it is dear to you, that will help you to be a little careful in your trading always when you have the mindset that you don’t want to lose but win.

I do not know if this would be your first time of trading, but if it is, chances are that you may lose your trade few times before you get it right, and I believe that as you are trading and loosing, you are already keeping a journal of your trade, because that is going to point you to your mistakes which is what you need to adjust on for you to have a less frustrating and better trading.

If I were you, I will quickly out that money into bitcoin so that it can quickly generate that $150 back when it gets to $15k, then use that period to work more on your strategy.

leowonderful

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Bitcoin FTW!

Not much you can really do but perhaps do some more analysis or improve your analysis so you aren't buying into downtrends as much, though there are times when you're simply a bit unlucky too. Some trades just go down initially and end up going back up again, though, so if possible it's a good idea to set stoplosses to ensure you're not losing more than you have planned. Wait for a good setup to appear and then trade, let the trade come to you. If it keeps happening, just take a break and come back later.

shield132

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Quote from: andrew1carlssin on June 24, 2018, 01:44:24 PM

Guys every coin a buy the price automatically goes down ... contact off we can may take advantage of that algorithm behaviour

ac--

Have one friend who is unlucky like you and everytime when he buys coin, price is on max and then goes down. Invested in bitconnect and soon everything went down. It made me to joke him that I'll sell my coins once he buys them but haven't tried, usually in such situations so unlucky things happens that when you buy at that time, price will go up and your unlucky mate will turn into lucky one and in overall you swipe the roles.

pundit

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Everyone here is in the same situation,everyone says it happens with them, whenever they buy something it immediately goes down. To overcome this situation everyone must know that market moves in a zigzag manner. There are always retacement in an uptrend or in a downtrend, one must wait for the right opportunity to trigger the trade.
First of all recolonize the trend by looking at HH HL or LL LH (If you do not know about it just go to babypips and learn some basics). If its an uptrend then there must of HH and HL do not buy anything at peak, wait for the price to comedown a bit and form HL and vice versa in downtrend. Try to draw trend lines, practice it a bit and you will realize that trade you are taking does not always go opposite to your action.

master122

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Haha same like me. I too, at the time I buy coin not too long the price is droping.

beerlover

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Everyone feels the same thing but it is not about you, unfortunately altcoins are having some bad times and all of them are falling very critically, which means even if you buy any coin and then sell it and move to another coin and that falls and move ... you can keep doing that forever and as long as the market falls whatever you buy will fall.

Only thing that is not constantly falling is bitcoin and even that is falling time to time and going up on other times so there is a big chance you hit that too. So, it is not just about you, anyone who ever bought any altcoin in the past 1.5 years will be saying the same thing and that applies to all of us here without exception. Only coin I know that went up during this time period has been BNB because binance managed to do some great things.

Crypto Denada

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can you pls update us in real time whenever you buy

sarmrakib

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I think you don't have much idea to buy any coin or trading .You need to learn many things before invest .You need to research yourself about the project which coin you are buying .You also need to see the trending of the market as well .I think you have learnt many things cause you just cost your much investment .Just keep watching every site of the market you will get many thing and you will be profited as well.

shulc7

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Quote from: ryzaadit on August 09, 2019, 06:40:16 PM

Wrong moment, just like selling & buying. The best thing we can do it only to manage your cryptocurrency portfolio, set the percentage for the profit/stop loss.

Investment not always predicts the profit, but also you must predict how much percentage you can afford to lose. It's really hard for a common trader to face this kind of situation, also i meet this situation several times.

We cannot predict it. The other day, I found an article (which was written in 2016 only, not long ago!). there, the so-called crypto expert writes that he is sure that in several years, Bitcoin "can reach 10 thousand dollars". However, in a year (I mean after the publication) BTC jumped to 20 thousand. Therefore, these predictions do not mean much.

pawanjain

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Nothing lasts forever

Quote from: mani99 on August 09, 2019, 11:28:04 PM

I started trading a few weeks ago, and made a real effort to do technical analysis before making any trades. Record so far? 8 trades, 8 losses. I started with $1200 and am now down to $850. Fortunately, the money I am using was from ETH that I had held onto from a couple of years ago, so the loss doesn't hurt.

I simply cannot time my entries, and I do set decent stop losses but these get activated and I sell at a loss. A bit frustrating!

Alas, that sounds really bad bro. Stop loss is a great tool to minimize losses but if you don't know how to use then it could eat up your whole investment.
If you saw losses continuously then you should have stopped using that strategy but you kept on using it resulting in such losses.
Not losing hope is a good thing but we must be smart to know when to change the strategy if it isn't working right mate.

mani99

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I started trading a few weeks ago, and made a real effort to do technical analysis before making any trades. Record so far? 8 trades, 8 losses. I started with $1200 and am now down to $850. Fortunately, the money I am using was from ETH that I had held onto from a couple of years ago, so the loss doesn't hurt.

I simply cannot time my entries, and I do set decent stop losses but these get activated and I sell at a loss. A bit frustrating!

Topic: Every thing I touch go down (gravity rulez) (Read 630 times)