Hello traders - page 2. | Bitcointalksearch.org

Ramtapsbtc

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

Most of their answers are all about holding which is the right thing for you to do right now this is the only way to prevent from losses mate, if youre having a real coins then much better if you hold for long and surely one day you earn a huge profit.

tosmartak

sr. member

Activity: 630

Merit: 250

Quote from: Semaj123 on July 09, 2018, 07:28:29 AM

Quote from: Visteryy on July 08, 2018, 05:22:41 PM

Quote from: kenel on July 08, 2018, 11:33:44 AM

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

The trend of the market in this period is becoming more clear and I believe the annual growth cycle will continue. This is the time when investors can buy potential coins at very low prices to prepare for the fall.

Probably right, but the hard thing to do is to study which coins has the potential to grow in the future. With thousands of altcoin, it makes it more difficult to choose which is the best to invest. This is the works of the traders, analyzing the movement of altcoin and also finding those coins that can be called a newly potential coin.

When it comes to trading, studying the potential of a coin is not a challenge since you can easily limit yourself to the coins or tokens with the highest market cap if you want to play safe. What is most important is your knowledge regarding how to trade, by going about technical analysis to be able to make good decision in the market. Without this, there is absolutely no way to get the best from trading no matter how hard anyone tries to get potential coins.

tonyvo2017

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

I think you should sell them immediately before the market goes down. Because the Cryptocurrency market is always unstable and it has a very strange cycle. When the market goes up for 2 days it will fall for 3 days. That is the cycle I usually see most and I think you should take profit before things get worse.

LogitechMouse

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

For me, bearish time or lets say market correction is the perfect time for me to buy long term coins. I don't often trade when there is market correction but instead, I'm accumulating more so that when it goes deeper, I have no regret since I am holding it for the long term. I don't think you need to apply a cutloss strategy unless you already set one. Better to do hold some it when you are trading.

Change your "dipper" into "deeper" because the 2 words have very different meanings.

keanne_isaac

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Activity: 392

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

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

Semaj123

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Activity: 434

Merit: 10

Quote from: Visteryy on July 08, 2018, 05:22:41 PM

Quote from: kenel on July 08, 2018, 11:33:44 AM

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

The trend of the market in this period is becoming more clear and I believe the annual growth cycle will continue. This is the time when investors can buy potential coins at very low prices to prepare for the fall.

Probably right, but the hard thing to do is to study which coins has the potential to grow in the future. With thousands of altcoin, it makes it more difficult to choose which is the best to invest. This is the works of the traders, analyzing the movement of altcoin and also finding those coins that can be called a newly potential coin.

Haynes

full member

Activity: 518

Merit: 106

it may be more appropriate that you have to spend time after work or when you are off work to learn to know from coinmarketcap.com, where you can see the lowest price of the time for an Altcoins.

when you buy Altcoins and are busy with your work, you can buy Altcoins for the ICO Altcoins launch, or when listing in exchange. and all of it can be checked on coinmarketcap.com .

kotajikikox

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

Did you mean your wasting time withi nothing even market is in good situation buying of altcoins or token are so hard to predict which have potential to increase, don't worry mistake is part of the traders and continue to focus your hard work strategy later on you can get more skills and become masters trader.

Visteryy

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Activity: 322

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Quote from: kenel on July 08, 2018, 11:33:44 AM

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

The trend of the market in this period is becoming more clear and I believe the annual growth cycle will continue. This is the time when investors can buy potential coins at very low prices to prepare for the fall.

Nisharawal

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Activity: 336

Merit: 11

I am no stable coin. to the mooonn.. and back

Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

Here you have already done tons of mistake which I think is not good for you and your capital investment, like taking entry without proper reason for the trade, second like investing without any prior calculations and without any proper money management. Now you have two things to be done if you can afford that money to lose then you can leave it as it and close the trade when the price comes at least to break even or in profit and otherwise you can close the trade and book the loss and take another trade.

Aleister Crowley

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Activity: 966

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a big mistake if you try to sell your coins all right now because in fact the market is still very far from the expectations as long as you buy your coins until now you never monitor the price and in fact when the price goes up and down when you come back like silence on the spot better you just save the coin there as long as you do not need it because the market is now in a red state is not a good thing to sell it and if there is a chance you continue to monitor the price and try to sell when the price is under your purchase price at the time..,.

Dhanems

jr. member

Activity: 448

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Hello too:)
New in traders are always suffer from the Dipper problrm,but we don't have choices when we bought a coin we think it's a dump but more dipper,just hold for 2 to 3 years :)thats it

kenel

sr. member

Activity: 578

Merit: 250

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

bbcolex

full member

Activity: 686

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

cutloss strategy when you lossing more than 20% but in this current time anything is possible, so the best way is to wait and get some news or forget about your investment for months then comeback. Selling at lose is like giving away free money.

udidrone

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

if you still have free money i think back up in the dip is good to do, but if you see the coin still promised in future and no back up at all, you can hold it longer because it is really hard to make decision with situation like this

Reid

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Question. Why would you cut loss if you are seeing a red market? You already made an analysis by seeing a bearish market and try to take advantage of it.
Now it goes even deeper. That doesn't mean it will stay that way.
Bitcoin, Ethereum and most of the coins that are being traded have the same market now. We are all down.

Don't sell, you will just ruin the decision that you have made already. Try to create another capital. Use it to take advantage of the market again.

CRYPTOGANGSTERs

jr. member

Activity: 114

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According to the rules of technical analysis, you can not buy anything during a bearish trend. Remember that you need to wait until the trend changes and then start buying. Now you have nothing left, except how to keep and not sell the crypto currency.

sujonali1819

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Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

I suggest you to hold them. because it is too late.if this time were near ending bearish market then you should sell them and re buying. But this is too late if you sell your coin now you will loss all money about 80% from buying price. So hold is the way that can give you a hope.Or you can trade these coin and can increase your holding.

Btcschool

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Activity: 488

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Quote from: gamalzour on June 23, 2018, 01:57:42 AM

Quote from: dante golo on June 22, 2018, 02:52:57 AM

Quote from: XIANNE25 on June 18, 2018, 11:31:25 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?

If the price is still in a less promising condition stop in investing including appropriate measures to avoid the occurrence of losses because if a trader still insists on continuing investments it is likely that panic will continue to emerge and make them more difficult to earn profits.

After reading your comment I just make an assumption is that never ever be a part of that panic selling. That is tough time, we can understand when you have put your hard money in the field and prices start losing down. You must be reacting different, that is natural. But don’t let your mind control you and don’t make such dumpy decisions to sell at panic. Rather relax and be patient.

This is the right way for profitable trading to work as much time as you can. You will be able to take your trading decisions affectively and on the right time. Your profit will be more is you spend more time in crypto market observation. The more knowledge you have the high will be your earnings. This time is not for selling and for holding your coins.

kenziefried

newbie

Activity: 141

Merit: 0

Quote from: YNAGS Team on June 24, 2018, 04:30:20 PM

The thing is not always about the market, so even if the market would go bear again, it doesn't mean that your particular time would go up also...

Trading in these situations may easy and may not easy because situations are 50, 50 and we can lose and make money depending upon the market fluctuating value. But this is valid for a person trading for short term and not for long term. However for long term treading is always safe if you are doing with a responsive currency like the Bitcoin or Ethereum, these are favorable for long term.

Topic: Hello traders - page 2. (Read 601 times)