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Topic: How to trade when the dip keeps dipping? - page 2. (Read 902 times)

full member
Activity: 378
Merit: 100
I believe that you should refrain from trading until the situation on the market stabilizes. Due to the lack of sufficient level of knowledge and skills in trade, you can now lose your money! Only very experienced traders know how to earn on falling prices.
hero member
Activity: 676
Merit: 501
I am setting buy order at 24 time low, and having another order 5-10% below it, as it is normal for the market that some people are panic selling and making the market spike, this is a good technic to acquire instant profit.
member
Activity: 378
Merit: 10
Not sure about anyone else, but I buy in the dip and then it dips further!  Is it best to just stay out and accept that it's all too difficult at this time?
It's the best time to buy during dip and hold until the price recovers but if the dip will continue you should not get panic as the price will not go to zero it will bounce back in few days. Be patient to wait for the best price that you can get profits.
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
Not sure about anyone else, but I buy in the dip and then it dips further!  Is it best to just stay out and accept that it's all too difficult at this time?
Buy on dips, if it dips more buy more and wait.
It can't always dip, at some point it has to raise. Right? Wrong? Maybe it will crash.  Grin
At this time, it's better not to trade.Or when the movement is locked in the corridor to state borders and try to act from buyers and sellers.
Dips are right moment to buy, everyone knows that. You don't want to wait for peak to buy, it is time to lose money.
full member
Activity: 365
Merit: 100
I think it is better to buy when the price of a coin falls and then wait patiently for the market to grow before taking any decision on the coin because when the market recovers, the price of the coin would have multiplied by the time you decide to sell and then you make big profit.
hero member
Activity: 1246
Merit: 502
Tere are two strategies when the dip goes dipper. If you believe it will goes dipper again then you could buy contract trade in okex or bitmex. Or if you want to do apot trading you can buy again 2x much you bought before and when it is bounce back you can sell it in small profit then wait again for another dipper.
full member
Activity: 364
Merit: 106
Market is a a little unstable right now and it changes very rapidly. Even technical techinical analysis is quite difficult so I suggest you just buy some coins and hold it for a while until the market bwcomes stable again. It os the right time to onvest since the coins are cheap, just don't forget to divide your money into several percentqges when buying so hou will still have a remaining amount in case the market dips lower.
full member
Activity: 686
Merit: 108
Dipping is a most common scenario   in Crypto trading where the market behaves unexceptional downtrends then we need to short sell or else wait for breakeven point

I’d rather not to do day trading during the dumping market because there is possibilities that it will still go down. Trade for long when the market is dump because usually its a good time to buy more coins and hold until you make profit.
full member
Activity: 429
Merit: 102
That is why trading is a hardwork. For the trader to gain profits is to wait for the dip to buy coins and sell when the price is right. So just patiently wait mate if you want to earn profits from your coins. Patience is the key you’ve got since the market is still in red or have a weak hands and lose it all. That is the main reason why i became hesitant to enter trading business here in crypto world. Aside from it needs a lot of capital, i know i am not skilled enough and my patience is not that long.
Patience is mostly what have to do when the price keeps dripping, take that chance to buy more and hold strongly until it has a good price which can give you good earning and worth for your waiting. You have not sell in the dip because you might contribute for it to keep dipping. It is about hardwork and patient to have successful investment. You can set your desire price when to sell coins for you not to visit from time to time that might trigger you when you see much dips.
sr. member
Activity: 714
Merit: 251
Well, that's what stop losses are for, aren't they? I'm honestly always surprised to hear that most traders buy the dip, thinking they made the smart move, only to lose it all and more just buying more into dips. Get yourself straight first. You're a trader, not a holder. If you buy to hold, then fine, every dip is your cheaper entry point. But if you trade, keep to the basics. Entry point Exit point. Simple. Win or lose. Then you survive several dips until recovery happens.
I think that it's worth paying attention to the careful study of a certain project, because big failures can talk about other things. In any case, you need to know the prospects of a particular coin, as well as follow the schedule of growth and decline in prices.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Well, that's what stop losses are for, aren't they? I'm honestly always surprised to hear that most traders buy the dip, thinking they made the smart move, only to lose it all and more just buying more into dips. Get yourself straight first. You're a trader, not a holder. If you buy to hold, then fine, every dip is your cheaper entry point. But if you trade, keep to the basics. Entry point Exit point. Simple. Win or lose. Then you survive several dips until recovery happens.
member
Activity: 336
Merit: 12
At this time, it's better not to trade.Or when the movement is locked in the corridor to state borders and try to act from buyers and sellers.
full member
Activity: 672
Merit: 176
At this time, it is better to buy a little-it is not clear how deep the market can fall. It is very difficult to trade in a falling market.
actually I'm very much I hope that for today we are practically at the bottom of the crypto-currency market. Perhaps no one will be able to endure an even greater drop in prices for crypto currency. Many investors have already lost a lot of their funds because of the large market subsidence.
member
Activity: 378
Merit: 10
“Revolutionising Marketing and Loyalty”
At this time, it is better to buy a little-it is not clear how deep the market can fall. It is very difficult to trade in a falling market.
sr. member
Activity: 1750
Merit: 267
At the time of dip, you should buy more abd more. Trading is a risky way to make profit but you can make profit from it. Try to avoid trading at the time of dip and buy little amount every day.
member
Activity: 322
Merit: 10
Dipping is a most common scenario   in Crypto trading where the market behaves unexceptional downtrends then we need to short sell or else wait for breakeven point

This kind of situation that the dip is keeps on dipping is an opportunity of the trader to buy the coins and chose those with potential growth in the market place. Remember that crypto market behaives always this kind of situation but the recovery will come rigth away and will probably multiply the profit we gain from this situation. Because cryptocurrency market is unpredictable.
full member
Activity: 336
Merit: 100
I hope someone got in on that ethereum short from $710+ to $585.
member
Activity: 350
Merit: 11
Not sure about anyone else, but I buy in the dip and then it dips further!  Is it best to just stay out and accept that it's all too difficult at this time?
yes, be patient when the market goes down. The more wonderful action is to buy more coins as it goes down dramatically. Be greedy when others are scared, it's a beautiful quote from Warren Buffett. because once it has come down to its actual price, it will certainly recover in the future.
waiting patient sounds corny. The question is we all want to know when is the lowest price. I always buy red at different low price when coin’s falling.
newbie
Activity: 154
Merit: 0
Dipping is a most common scenario   in Crypto trading where the market behaves unexceptional downtrends then we need to short sell or else wait for breakeven point
full member
Activity: 406
Merit: 105
That is why trading is a hardwork. For the trader to gain profits is to wait for the dip to buy coins and sell when the price is right. So just patiently wait mate if you want to earn profits from your coins. Patience is the key you’ve got since the market is still in red or have a weak hands and lose it all. That is the main reason why i became hesitant to enter trading business here in crypto world. Aside from it needs a lot of capital, i know i am not skilled enough and my patience is not that long.
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