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Topic: Hello traders - page 3. (Read 604 times)

hero member
Activity: 910
Merit: 512
June 26, 2018, 04:25:23 AM
#66
we are still bearish my dear friend. you bought way too early in my opinion, hold on to your guns though this is going to be a very long trade for you. and you don't need to study TA in my opinion too.
Traders are active these days and are thinking to buy coins at this time because Bitcoin is available in the market of low price and this will benefit them t buy at low price and carry on this for long term. The value today is 5.8k dollar which is a very low price as compared to the average price of Bitcoin.

They can also start for short term trading if they are not in apposition to proceed for long term then they have to start trading with Altcoin or Litecoin.
member
Activity: 332
Merit: 12
June 26, 2018, 12:51:38 AM
#65
Don't sell, buy more. You will be surprised by the profit you will take in the near future. The whales just want to scare weak hands so don't be a fool
I spend most of my time in this forum; because here I can read experts opinions and can analyze the market situation. I also scan the current and coming market position technically. It is necessary because only crypto is my source of income. I want to make huge money from crypto trading and for that time is important. I admit that time is money.
full member
Activity: 308
Merit: 119
June 24, 2018, 05:07:44 PM
#64
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 are confidant with you choice of coins , considering they are solid projects , you should just hold for now as the general sentiment of the market is berish right now . Every thing is dumping as BTC dumps more. However the recovery is near and hopefully you didn't panic sell at loss. It's not worth it to sell right now. But at the end it's your call.
newbie
Activity: 196
Merit: 0
June 24, 2018, 04:52:07 PM
#63
you can learn tecnical analysis whenever you are busy though. Try to see if market conditions are still potentially down or flat. If, the market is potentially down, maybe you can implement a strategy stop loss.
member
Activity: 220
Merit: 10
June 24, 2018, 04:30:20 PM
#62
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...
sr. member
Activity: 1498
Merit: 326
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June 24, 2018, 06:51:03 AM
#61
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 as early as possible and learn from it. If you don't have time make one as money is involved with this unless it's not something of value to you. If you really want something there's always a reason to find time to do some research for it.
member
Activity: 616
Merit: 12
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June 23, 2018, 05:33:13 PM
#60
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?

stop to throw away the money you probably invested from your hard work, for now it's better HOLD coin you buy to the most profit level. it is difficult to analyze whether the market will remain bearish or bullish. even if we rely on technical analysis it remains undetectable
full member
Activity: 490
Merit: 106
June 23, 2018, 05:13:41 PM
#59
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?
You shouldn't really always rely your trades on those technical analysis. Buying during bearish market is not a good idea since we don't know when will it hit the support level or what is the support level, so the tendency is if you bought during the bearish market, you will also lose your trade and your money will get stuck and if you will sell then you will not gain anything and lose some of your investment. A good move is to just hold what you have or sell if you think a bear market will happen, then just invest again if the market is starting to recover or if it hits the support level.
member
Activity: 228
Merit: 10
June 23, 2018, 04:06:57 PM
#58
I operate with the rule ""Buy in red, sell in green"" - that's like a guide word for me. Like already stated. You had made the mistake to buy in bearish time. Now it is for you to keep holding if you don't want to sell in loss. If this is good coin you bought, it will get back up in price and you can then sell. Always gain some knowledge before you venture into trading.

That sounds really simple but as for my experience that I had it's not that easy that it seems to be. You need to be really sensitive and flexible in order to cash those green and red moments on the market. Then if you just lose a day it could be significant.
member
Activity: 252
Merit: 10
June 23, 2018, 03:39:36 PM
#57
This is not the worst decision after all, you done it just the easier way. No whole deal is waiting and hoping that the price would go up, while all of us are anticipating the great bull market next year...
jr. member
Activity: 197
Merit: 1
June 23, 2018, 12:26:58 PM
#56
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?
My most frequently used method is to buy when the market is starting to rise and when prices fall I will move all of Bitcoin's assets into USDT and wait for prices to rise.
sr. member
Activity: 2296
Merit: 360
June 23, 2018, 12:16:11 PM
#55
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?
Studying technical analysis doesnt really require too much time yet those things are definitely can be found by just simply google search.If you believe on buying on the dip but the price gets deeper then you dont have any choice but to hold up and dont risk to panic sell. Price will eventually recover on a particular time but if you do always mind that thing you are just stressing yourself out.
full member
Activity: 1330
Merit: 147
June 23, 2018, 12:08:36 PM
#54
There is no other way than hold, if you do not want to lose. It does not depend on what coin you have, all cryptocurrency products are experiencing a drastic decline recently. Almost all altcoin and bitcoin have decreased by a few percent. Cut lost is not the last way to save your money, but patience and belief in cryptocurrency will make you lucky.
newbie
Activity: 154
Merit: 0
June 23, 2018, 12:01:33 PM
#53
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 be better just hold it, at least until the market going up again. actually, if you sell them it will just make you lose you money.
full member
Activity: 518
Merit: 145
June 23, 2018, 11:39:57 AM
#52
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?
You already said you have long working hours, and that simply shows to be able to cut any loss, you will need proper monitoring of the market and that could work only if you have an app where you can set an alarm to know when you should be getting out, but without technical analysis knowledge, how on earth do you want to know exactly where you should be stopping loss? Best in your case is to wait for the dip, buy and hold irrespective.

However, if you really want to go the normal trading way, I feel you are doing it wrongly by catching falling knives, and if you can find a little time to at least wait for the dip or know how to use some indicators to detect accumulation period with divergence, for long term, it would really be of help. Otherwise, take note of support and try to always wait for a retest and price action before making any move.
sr. member
Activity: 1236
Merit: 252
June 23, 2018, 11:28:24 AM
#51
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.
No trader is silly enough to sell right now, price now a day is not sold worthy so people are holding they are not going to sell at any cost, I think we should also help people to understand the holding benefits specially to the traders as this way they will be able to earn more profit than any other investment, panic selling can cause a lot of problems for us, to have high rise in price.
newbie
Activity: 98
Merit: 0
June 23, 2018, 08:24:52 AM
#50
Are you a trader? If you are a trader, then we are the ones who want the value of bitcoin to be as we expect it to be. You can talk about crypto questions hello traders nice to meet you.
newbie
Activity: 224
Merit: 0
June 23, 2018, 07:44:16 AM
#49
if you don't loss to much,you can cutloss and wait the market is better you can buy again,have money-have chance but not have money-no any chance to fix your mistake but now you loss too much,i don;t know but If I as you i will hold all and wait the market recovery again,maybe it need 6month-1 years... but i will wait
jr. member
Activity: 34
Merit: 2
June 23, 2018, 07:29:18 AM
#48
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?

Patience is a virtue, i'd wait coz i cant imagine things not recovering, the price is already extremely low, irrespective of how much lower it falls.
That said, only invest what you're willing to lose in my mind.

Oh and btw, remember, amaetuers panic sell in dips, and the whales are always happy to prey on your fear.
newbie
Activity: 129
Merit: 0
June 23, 2018, 07:26:08 AM
#47
Don't sell, buy more. You will be surprised by the profit you will take in the near future. The whales just want to scare weak hands so don't be a fool
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