Hello traders - page 6. | Bitcointalksearch.org

akram143

full member

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Quote from: XIANNE25 on June 18, 2018, 12:31:25 PM

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?

Yes it is little tougher but I can understand your situation if you don't spend a lot of time with you analysis then the profits are in the question so make confident and spend some time with your investment and for your investment this is my opinion.

AnonBitCoiner

sr. member

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Quote from: XIANNE25 on June 18, 2018, 12:31:25 PM

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?

HODL. Holding is the one option you have now to get out from loss.Now the price is expected to raise to 7000$ by tomorrow.If you had brought below 7000$,you can sell now. Orelse just hold your valuable bitcoin.Actually the new traders not analysis the market past and now.And sell due to panic.They must stop to sell at panic situations.

supermine

hero member

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Quote from: XIANNE25 on June 18, 2018, 12:31:25 PM

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?

Better to hold all your crypto currencies for longer term until the prices go up.I don't find any reason you have to sell now so be patient one day the prices will go up hopefully or if you want to start trading with your coins then you can increase your crypto currency amount but it is still riskier if you are new to the crypto world.Or invest that amount into some passive earnings like lending then your investment will be safe and you can get more of your coins while the mean time.

Sony.UK

full member

Activity: 532

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Quote from: XIANNE25 on June 18, 2018, 12:31:25 PM

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 are not a active member in this forum because still bearish market is continue to dip so your not gain in current situation. My suggestion is you should hold for long term you will earn more profit and if you sell in end of the year you make profit. But day by day you are confused in your investment you will loose your hope then finally you will loose the investment.

nydiacaskey01

legendary

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Quote from: XIANNE25 on June 18, 2018, 12:31:25 PM

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 committed a mistake when you bought coins during bearish times. When I see majority of the coins are in Red, I don't buy anything and I don't sell anything. I'll just start trading when the coast is clear. However when I see 60% are in Red and the remaining coins are in Green I'll start buying but I'll check which one is the biggest loser of them all, I'll list down at least the bottom five and check which one is the lowest volume, check price history for the past 7 days, then use tools like RSI and Parabolic SAR then I'll decide which one to buy. It's just me, its still up to you on what to do with your money.

XIANNE25

newbie

Activity: 177

Merit: 0

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?

Topic: Hello traders - page 6. (Read 581 times)