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Topic: Everyone loses money when the market is down right? - page 19. (Read 22173 times)

newbie
Activity: 196
Merit: 0
When the market has its signal to go down, we should sell all coins. But we did not do that. So we lost. But i change my plan. I sell all coins and buy at the bottom price. I can not say i win but i hope so.
hero member
Activity: 1092
Merit: 501
No, you are forgetting that in some exchanges you can short bitcoin as well, when you do that things are reversed, you lose money when bitcoin goes up and earn money when bitcoin goes down, so while shorting bitcoin or any other asset is risky it is one of the best ways to earn money fast because if you dominate going long and short you can earn money when the market goes up and down.
full member
Activity: 518
Merit: 100
I don't think that happens if they don't sell the assets they have at a very cheap price because when you trade cryptocurrency and get stuck at a very expensive price, you can still hold it and wait until there is a price recovery.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Technically we'll be losing for a few days if we have purchased bitcoin at high price, but it's an opportunity for those who need to buy at smaller value. Eventually it made you learned from that experience when you suddenly picked and decided at wrong point of view.
Why would anyone even buy bitcoin at the higher price. If they are not going to look into the past price charts then they should not trade like that. Except those who need coins in a emergency, I dont see any reason for a trader to buy at high price, say 7k USD and then hold it. Still many people have done so when the bull run happened last year. Now they are at a loss and holding it painfully hoping for a green market to sell.

But if they do at least a little bit of research on the price which is the easiest to obtain, they have either FOMOed, like I said above or they did not look into the charts.
newbie
Activity: 109
Merit: 0
Many people are losing money because of market down? Maybe if you grab once it dip and it become diper more the you sold it, yes you may lose your money. But if you'll wait for the bull market? You cannot says that everyone loses their money.
sr. member
Activity: 572
Merit: 250
So with how much bitcoin and all the altcoins are down, is it even possible for any trader to make any money?  Example let say this.  You buy btc at a very low price due to these dips.  Now you could either keep btc or buy altcoins with it.  Now the market goes down every single day.  First off, does anyone know if btc or any altcoins ever have a day where the prices drop every single hour?  Or is that impossible?


Anyways, with how much all the coins are dropping, is it even possible for any trader to make money on days or weeks like this?  Im thinking its only possible if they make sure they sell it at the right hour and minute etc in order to profit.  But of course if they are down almost all day, how is it even possible for anyone to make any money?  Sure when the market goes back up in a while, and the price gets higher than they bought it at and now they sell, the profit.  However, the same ppl who hold the coins will profit as well.


Because doesn't it seem like there is no skill involved at all it seems?  Because if the market is down for a long time, what percentage of traders are even making any money when the market is down?  Of course if you got a coin at like 10 cents a long time ago and then it went to 5 dollars... and now because of this.. its now down to say 1 dollar, well you are still up money if you sell it now.  But the same ppl who got this coin probably got it at over 3 dollars and lost a huge percentage of its value.


So is it true almost everyone loses money when the market is down?  And almost everyone makes money when the market is up?  Because if btc goes up, the alts follow.  BTC drops, everything follows.  Its like there is zero skill at all almost.   Such that yes when it goes up, some altcoins might go up higher than others.  Also why do certain very good altcoins drop when btc drop if that project is very good etc?  Yes i know you need btc to get that coin and vice versa but its like its either everyone wins or everyone loses.


So right now market is down a lot especially for those who bought not that long ago.  So where is the skill here?  Its basically when to sell and when to buy right?  However, when market is down like this, who is damn making any money?  Because isn't almost everyone losing money?  The only ppl that i could see that likes this huge dip are those that have usd/usdt ready and picking when to buy.  Of course they could have waited till btc was 8k and thought great i buy now or buy alts and each of these already lost a lot already.


Who is making any money now when the market is down?  The ppl who are selling?  Surely not since the price they sell now is much less than before.  Also just curious but does this apply to stocks and forex trading as well?  I know that well stock market goes up, doesn't almost all the stocks all go up it seems?  The same can be said of forex or am i wrong here?  I only know forex is money trading with different currencies etc.  Because when you look at other things like poker or sportsbetting... someone is winning and someone is losing.  Also to anyone that bets sports or knows about sports, you might hear how all the wise guys are losing money.  Wise guys are sophisticated sharp bettors that are much smarter than your average joe.   That average joe most likely bets very square picks... meaning like obvious public teams etc.  However, the thing is the public does win.  And when they do that, sportsbook would lose money.  But usually they get it back and the average joe loses it back betting very public plays and the sophisticated bettors aka sharps win again.  However, i heard of sharps having really bad seasons etc.



So based on that, doesn't it seem like crypto trading is basically everyone wins or everyone loses?  Because in sportsbetting, yes the house does win and they house could also have a losing streak.  But eventually they win back the average joes money.  But if the average joe gets lucky and goes on a huge run whether betting favorites or underdogs or whatnot, its possible for him to win for a long time or lose for a long time.  Also let say you have a few players who are sharp sportsbettors and a few average joes.  Well if the sharp guys are winning, most likely the average joes are losing.  If the sharp guys are losing, average joes are most likely winning.  I say this because they usually play opposite plays most of the time.  But no matter what, someone has to win.  Whether its the sportsbook or the bettor.  Also in sportsbetting, there is something called live betting where its like trading.  Basically you can bet on either side while the game is going on when odds change always etc.  But when you live bet, if one player bets this team while another player bets another team... remember each of these players are betting against the sportsbook, one player will win... the other loses.  Thus that is where the skill comes in.  So does anyone here feel like the market dictating winning or losing is just stupid?  I mean if market is down, who is making any money?  Its like ppl say when there is a bull market, everyone thinks they are a genius.  Well if its a bull market, the only thing you have to think about is okay i will buy btc but should i exchange it for altcoin or not and which one.



Anyone here have thoughts or opinions on this?  I got excited about cryptocurrency and trading and wanted to do it.  But now when i look at it, its basically look at the market.  There doesn't seem to be any skill in it.  Can anyone here correct me with any of my statements especially if i made any especially in sportsbetting?  Thanks.
You will only worry about price going down if you are only into Hodl, but if you’re a trader you wouldn’t even worry about that because traders trade everyday 24/7 and there is profit involved as long as you’re good in the trading. But when you’re just holding you would be worried cause you’re relying that going up to make profit and once it’s down your money goes down with it and you will have to wait for it to recover before making profit which might take a long time.
legendary
Activity: 1204
Merit: 1028
not really . Many people still make money, profits in the market decrease with their experience and tactics. They can buy low price and sell high price when the market rises in a short time. Investors only lose money when they panic selling all at low prices. If they don't sell them and hold them, they will not lose anything.
To simply put this, good traders will always keep making money whereas bad traders will keep getting punked. It is a normal thing to experience, as someone else’s loss is someone’s gain and if you do not have those two sides to the market, it would not be what it is.

Those who end up losing badly are the ones without any strategy, does not know the ABC of trading and they are just doing whatever comes to mind and not acting on what they see or know about trading a market.
sr. member
Activity: 672
Merit: 250
Losses of money is happening whether the market is down or not. This would depend on how you manage money in this field of business mate.
Because, in my observation while the market was in declining period the people who loss money during in red market are those who don't have patience on waiting that's why they sell their coins even it is they didn't get any profit. Meaning losing of money most often happen when their emotions attack the feelings of individuals when doing trade in the market.

Technically we'll be losing for a few days if we have purchased bitcoin at high price, but it's an opportunity for those who need to buy at smaller value. Eventually it made you learned from that experience when you suddenly picked and decided at wrong point of view.
sr. member
Activity: 777
Merit: 251
Losses of money is happening whether the market is down or not. This would depend on how you manage money in this field of business mate.
Because, in my observation while the market was in declining period the people who loss money during in red market are those who don't have patience on waiting that's why they sell their coins even it is they didn't get any profit. Meaning losing of money most often happen when their emotions attack the feelings of individuals when doing trade in the market.
legendary
Activity: 1106
Merit: 1000
I may not totally say yes cause some if us still gaining while the others are losing by then. We know that mostly people who have loss this time are those who are new in the world of crypto  and some take advantage on it buying their coins in cheap.
Everyone loses money if they chose to make panic selling during the market is down.But if we will be patient in waiting for the market condition to make a good increase,then we will gain profits instead of losing them.But i really admire those people who really knows how to gain profits even when the market is totally down.
sr. member
Activity: 805
Merit: 250
I may not totally say yes cause some if us still gaining while the others are losing by then. We know that mostly people who have loss this time are those who are new in the world of crypto  and some take advantage on it buying their coins in cheap.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
it is true, because most of them sell their coins when they hear the market falls again. even if you want to be patient to wait then the loss will not occur if you are calm and always be patient

Those people who sell their coins at the lowest price are just new traders in the market since they did not have the good knowledge and they tend to sell their coins at the lowest price which makes them lose a huge amount of their investments.
full member
Activity: 490
Merit: 100
The bearish showing of the market for major part of the year is alarming and worth noting. How could one explain the rationale behind the peak price of $19000  in 2017 only for the  bitcoin to be at the lowest point compare for some years  ago. The market value is not helping  anybody as the price will climb today and fall the next minutes. Bitcoin has tried to maintain $6000 and has been trading above the support level at $6087. If bitcoin has any issue and the market drops the same effect will happen to the altcoins to drops in value .                                                                                                                                                                       
legendary
Activity: 3206
Merit: 1213
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Not everyone, people who doesn't analyze the market will encounter loss. In detail on analysis it is possible to find whether the price fall will continue or will get stopped. Based on this it is good to go with further buying or selling, this way can stay away from losses even when the market is down. Other options were trading and holding for the price pump.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
It all depends on how will see loss.  Some would say that as long as you have not sold your coin,  regardless of the price of your coin in the market,  you have not make any loss.  Some would argue otherwise and say you made loss if your coin are selling below your entry price in fiat!  You just need to pick trading school of thought that works for you and plan around it to maximises your chances!
hero member
Activity: 1666
Merit: 629
I think that the answer to this question can actually be given in two different ways. That's why I want to explain the two reasons and why.

SELLERS: When prices are often down when sales are heavily traded, sales made at the outset of this retirement are always profitable. The reason for this is that you can get cash from the peak and buy with this cash at a lower price.

Buyers: Buying traders will also earn revenue during this period because purchases made at the bottom will be sold at much better prices during the next upturn. These investors are doing well, but these transactions require a lot of patience, time and good knowledge.
sr. member
Activity: 532
Merit: 250
it is true, because most of them sell their coins when they hear the market falls again. even if you want to be patient to wait then the loss will not occur if you are calm and always be patient
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I don't agree with that.
At the moment the market is down in theory you are in loss but if you wait long enough you can turn that into your favour. And of course everything depends on the price you got your Bitcoins.
Anyway, if you are smart and patient enough, if you have learned to read the signs on the market you can make profit even when the market is down.
jr. member
Activity: 168
Merit: 1
For me not everyone loses when the market is down cause if you are a pro in trading or in the crypto market then you know how to earn already even when the market is down. There are many ways on how you can earn even the market is down or not.
hero member
Activity: 1008
Merit: 501
I think yes, iam also loss much money. I did some mistake in trading, when the price of crypto going down more than 50% i use new money to buy more coins but the price keep down. I did not use stop loss because iam was believe the price will going up. But i will not loss until i sell all that my coins, so now i wait for next bullish of crypto.
Except you are going long and buying the dips with few funds after another, trying to buy the dips as a trader is one silly mistake to ever make as you will be left frustrated and hanging if the market decides to keep going lower and you have completely run out of funds.
You should always have a good strategy before entering any trade and should as well have all it takes to make good calls when it comes to stopping loss and looking forward to buying back lower. Without this knowledge, you are going to be picking huge loss eventually.
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