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Topic: Hello traders (Read 601 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
August 12, 2018, 08:20:18 AM
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
actually the decision is full in your hands because it is something that will affect your money, but here I will only say if I become you I will hold it until the price is right again or until I have no loss.
To avoid the frustrations due to market volatility and unexpected news, becoming a long term trader is the only viable solution. I learned this from my own experience. We all invest and trade with cryptos by accepting the risks involved with that. We must understand that life in itself is encompassed with a lot of risk and risk takers are usually the ones that always end up coming out on top most of the time which is one of the reasons why we have few rich people in the world.

As long as you can equip yourself with good knowledge of the risky environment you want to set yourself into, it would become easy to take risk and be able to thrive well in such environments without flopping badly. Taking risk is a pretty good thing if you can handle it.
newbie
Activity: 126
Merit: 0
August 12, 2018, 07:13:46 AM
I would also like to thank you very much for your sharing, and I will definitely filter out the best ideas to apply for the transaction.
sr. member
Activity: 700
Merit: 300
August 12, 2018, 06:27:36 AM
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

Your method was correct but the current time for the crypto currencies is not good at all. There is nothing wrong with whatever steps you followed, you know buying the crypto at bearish trend and then waiting for them to recover themselves from it. I think it is perfect one but its not the right time for crypto and they are very hard on getting recovered from the current bearish trend. They are going even down below and that is true but do know that whenever crypto go down they come up with even more velocity and intensity and thus can profit you hugely.  Wink
full member
Activity: 397
Merit: 101
August 12, 2018, 06:16:27 AM
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
actually the decision is full in your hands because it is something that will affect your money, but here I will only say if I become you I will hold it until the price is right again or until I have no loss.
member
Activity: 322
Merit: 10
August 11, 2018, 04:46:17 PM
Look at coin market cap for daily volume in dollars for all sites. On the trading platform you will see it through the color of the volume bars if there was more sell side or buy side pressure at the close of any interval. Thats why you should look at volume on multiple intervals.

Coin market cap is the best site where you can check the latest price of bitcoins and every traders in the market is relying in this site to get the best cryptocurrency information in every exchangers.
full member
Activity: 448
Merit: 100
August 11, 2018, 11:45:36 AM
 Look at coin market cap for daily volume in dollars for all sites. On the trading platform you will see it through the color of the volume bars if there was more sell side or buy side pressure at the close of any interval. Thats why you should look at volume on multiple intervals.
member
Activity: 266
Merit: 10
August 11, 2018, 11:24:01 AM
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
It is best to keep it and hope for the price to rise again. In trading, you take the risk to invest will bring you not only the opportunity to earn a profit but also give you experience trading. In the moment, you can still invest in some other coin if you have a thorough analysis.
sr. member
Activity: 841
Merit: 251
July 24, 2018, 11:26:19 PM
#99
Just leave them wait to pump equal to the price you haave bought. Selling after that make you loss some percent  of investment. Hold a bit, dont worry i guess it will not take so long to get back on that price. Market is currently on good situation. Theres a tendency the bull market nearly come up.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
July 24, 2018, 09:58:46 PM
#98
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

The best thing is just to hold your coins and wait for the market price to grow even more before selling, investing and selling at the right time will make you earn more profit.
jr. member
Activity: 326
Merit: 1
July 24, 2018, 09:30:03 PM
#97
Is hard to know which price will be become bottomed price of crypto, because price of crypto possible going down to more than 80% , but if you purpose to make investment by long term just take relax and forget that your investment in a few month. I believe bearish ended then the market will bull run again. Patient is key to get success in crypto investment.
yes, it is very difficult for us to be able to analyze crypto for the very right price for us to buy, indeed to buy crypto now we have to invest long term and forget the investment for few months only, so we have to stay calm with market condition when this is very difficult for us to be able to predict the price properly.
full member
Activity: 588
Merit: 100
July 24, 2018, 09:00:05 PM
#96
Is hard to know which price will be become bottomed price of crypto, because price of crypto possible going down to more than 80% , but if you purpose to make investment by long term just take relax and forget that your investment in a few month. I believe bearish ended then the market will bull run again. Patient is key to get success in crypto investment.
newbie
Activity: 133
Merit: 0
July 24, 2018, 08:23:58 PM
#95
I get some ideas here in this topic,im not yet a trader but i want to know lots of ideas first before going to trade,,i must be ready and be observant first how this trading is going to be.,so thanks for our mates who gave their best ideas to spread here in forum.
newbie
Activity: 210
Merit: 0
July 24, 2018, 08:14:49 PM
#94
It is hard to give advice on what to do when the market goes down and goes down, I just give you two forms you can pursue, it is Holding together with Airdrop or you can Trading but must know cut orders when the hole and control your greed when had profit.
full member
Activity: 504
Merit: 106
July 19, 2018, 04:51:31 AM
#93
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
will it depends first on what coins you bought if this can stand and survive and bearish for longer time if it is in top 10 of coinmarketcap then its a good coins to invest for long term as market is more bearish now better to buu more for average down and hold for long term. but if your coins are not commonly known or popular netter to sold and move on to s much better coins with solid fundamentals
Trading is always fine in every situations but low market trading is more important because the low value of currency is affordable and achievable for a common person. In this time people with low savings can also invest here without any hurdle so this is a better market for trading and you can start now which will benefit you. In this low market Bitcoin is available on low price so this is a great opportunity for all of us.
sr. member
Activity: 699
Merit: 438
July 11, 2018, 01:01:12 PM
#92
Trading business is put too much hardships to be able function well in this business,
you must know how to deal with it, just be patience because at the end you will be profitable enough.
newbie
Activity: 73
Merit: 0
July 09, 2018, 11:05:58 AM
#91
Hi fellow trader! Based on my experienced, I suggest that you just HODL it out until the market price goes bullish again rather than using cutloss method which is way more complicated but the percentage of having profit is not really sure enough. As you check on the comments on your posts, you can see that our fellow traders also suggest to just HODL it out and be patient enough to wait for the right timing.
hero member
Activity: 670
Merit: 512
July 09, 2018, 10:19:25 AM
#90
what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

If you are holding a great coin with great roadmap, than hold those coins for a long run. if not just sell them (cut loss strategy). every time I would like to buy good coin that already running a product in the marketplace. never invest some shit ico/coin.
member
Activity: 197
Merit: 10
July 09, 2018, 09:51:04 AM
#89
It's hard to decide right now what to do with coin dropping in price left and right. But if you really need the money, you can maybe cut your losses on some coins to keep you afloat while waiting for the price to rise. Having experienced selling at a loss then suddenly bull trend happens, it's kind of crushing.
full member
Activity: 658
Merit: 103
July 09, 2018, 09:30:10 AM
#88
Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?
Never sell until you reach your goals if I will invest on BTC I will not sell it even after this dip instead I'll be adding more I believe BTC will be a good investment again this year. Doing some research and speculating some ideas that could improve the reputation and price of bitcoin.
hero member
Activity: 700
Merit: 503
July 09, 2018, 09:12:47 AM
#87
The answer will depend on what kind of coins you bought.
If the coins are from the top 20, then most likely everything will be fine and after a while, when the market again becomes bullish, their price will again increase and after a time will update its highs.
If we are talking about coins from the top 100, then there is also a high probability that they will recover in value.
But if the purchase was rash and little-known coins were bought with a vague future, then the situation is tense. The future of these coins will depend on what they are and how interesting the idea is to people.
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