something that usually people forget is that unless trading altcoins is a way of making a living for you, you don't have to trade every day under every market condition. just stay away when you see the dumps are happening like these days, cash out back to fiat or bitcoin (whichever you prefer) and stay there.
during dumps it is harder and riskier to trade be cause they are dumping altcions and prices are going down. what you can do as it was mentioned is to trade the recoveries. buy the dips and sell for a small profit daily. although i personally prefer to look for pumps and go there instead of sticking to these small profits.
Topic: How to make a profit with the dump of the price in the market? - page 4. (Read 2447 times)
You will have to sacrifice something in order to gain something. If you want money urgently to bare your daily expense or whatever it is then you must sell your tokens at whatever price it is. If you have the time to wait patiently and sell when the price is high then that would be the best thing to do albeit no guarantees that the price would increase. Depends on you now, if the situation is worse then you should probably just sell the tokens. If not then wait until the price recovers and then sell at a higher price.
I think it's not easy to make a good profit when you are so eager to sell your coins now and at the same time the price is so low. You still need to wait at least December to earn a good profit. And also do not just sell it immediately, you need to make a research first on the tokens that you have if it is worth to hold for a long time or just go and dumped the price.
Hi I just want to ask how can I make a profit with the dump price in the market I want to trade my token right now but the price is dump and I need to trade my token so that I can withdraw my token and I need a money right now for my daily expenses. Can someone give me an advice?
Just like what you've said, you badly need the money. On this emergency cases and the market is not on your side because on the contrary, it is on the bearish side. You have no choice but to trade them in a low price. But do not sell it all, half would be fine and wait for the half of your token to rise up to still take some profits.
when there is a large dump, indeed we must be able to control ourselves to be unable to desire in buying. usually in short-term trading the price will experience a slight increase when it has reached its lowest point
OP, you should know that investment in cryptocurrency is a long term investment not an investment for daily income. You might be reading review on how one or two person make it huge in cryptocurrency investment, but I guess no one told you how long they have held on before making that gains. If trust me, if you sell now, you will loss all, I advise you to hold your coins and go get a job for cater for expenses.
Well, it would be of great advantage if you could just leave the coin for now because I don't think there is a way you will sell now and make a reasonable profit. And as not to regret your impatience and wastage of what you have taken time to work for. I will advice you wait more.with the hope of selling it better.
When the prices are red, it is not right to sell. Perhaps a big news is expected, and this news can double the price. Or if there's another possibility while waiting for it, you should try it. Well, it is not always good to wait.
Hi I just want to ask how can I make a profit with the dump price in the market I want to trade my token right now but the price is dump and I need to trade my token so that I can withdraw my token and I need a money right now for my daily expenses. Can someone give me an advice?
Short it! If you think that another dump is coming, open a short position and voila there's your profit. That's how you make money in the bear market, as easy as that.Your problem is a bit different though, you're left bagholding shitcoin :x I guess there's no other choice than holding it and keep hoping or dump them all right now and start trading something else (short the market!)
If you need money from trading for your dail expenses then you've made a big mistake investing more money that you could afford to loose. Only if you will take care of this problem first then you can start thinking about trading.
You can not make a profit when the price goes down and the situation gets worse as your coin drops more and more. The volume of Bitcoin trading is usually really low and the price is being adjusted by the government. The best thing to do with the market now is Hold and buy more, selling in the blood market is not a good idea.
Just follow why that coin is down . many coin are Scam . so we can't make profit of it. i.e TerraNova coin . that coin dont have post on bitcoin talk on many days. Bitconnect was pure Scam. Now before investing money any of coin check that Exchange. Because Exchange will do 60% Verification rest 40% you can do with your own . check their toad map and Hardfork get latest news of respective coin .
You can not make a profit when the price goes down and the situation gets worse as your coin drops more and more. The volume of Bitcoin trading is usually really low and the price is being adjusted by the government. The best thing to do with the market now is Hold and buy more, selling in the blood market is not a good idea.
Hi I just want to ask how can I make a profit with the dump price in the market I want to trade my token right now but the price is dump and I need to trade my token so that I can withdraw my token and I need a money right now for my daily expenses. Can someone give me an advice?
Trading and withdrawing your tokens are totally two different things. If you want to make money from trading, then you need to learn how to trade, get a good strategy you are comfortable with and you can decide to play with the fluctuations of your token market. If you think it is just an easy thing to do when it comes to trading, you might as well just go around distributing your tokens for free as you will lose everything and would have been better off to keep holding it than trading it.
I think your point is that now you need money but you have a coin that is a dumper so it does not have a price that allows it to be sold, believe me it also often happens to me but it is a thing that can not be avoided and we have to hold the coin until the price goes back up.
if you having this problem be patient till to grow up. Market may be dump or pump its depends on people. you have to wait until market recover. even though you want to trade when market is down. just buy and buy and keep patient for get profit.
When the mayor is down please be patient waiting for the market to recover. That will help you increase your fortune. You should sell potential coin and buy coin top for market recovery and sell them.
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The only ways to get profit when market dump is buy at the dips. But it really hard to predict or even analysis the real dips. Market dump will base on lots of things and many people lost their money because of predict the dips.
As you have a token that is already dumped, its better for you to keep the token in your wallet for the long term and wait for the market to stabilize and make it's bull run. If you sell off now, it means you are going to take a huge loss
Hi I just want to ask how can I make a profit with the dump price in the market I want to trade my token right now but the price is dump and I need to trade my token so that I can withdraw my token and I need a money right now for my daily expenses. Can someone give me an advice?
Can you wait? If possible, then wait for the price to return to positive movement. A token is basically going to experience a dump and it happens because of the decreasing demand for the token. But usually there will also be a pump process and this is done by a developer. So look at the situation and conditions, I strongly suggest that you can choose the right momentum to make the best decision.
I think first of all you need to sell with a profit, then ust wait for a dump and gather more coins. For example selling in December 2017 and buying right now.
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