Is keeping your hands out from the current market situation saves your profit? - page 2.

setupbounds

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Quote from: shark69 on November 12, 2018, 10:01:30 PM

Actually the current situation is very appropriate to buy coins or tokens, because the price is quite cheap.
But you also have to consider what coins or tokens you want to buy first. Because not all coins have good long-term development.

When it comes to the current situation, a lot of people usually do not know it is a good thing to be accumulating as this is the stage for that, but instead, they are always busy complaining of how much they have lost from joining FOMO.

Well, the thing is that you are not losing until you have sold for loss and in most cases, even if you are losing in the books compared to other currency, all it takes is just some level of patience and then taking advantage of an opportunity in what some people keep seeing as a problem. A cheap price is always something to take advantage of and just like you said, as long as there is long term potential for what you are holding on to.

Pepito Manaloto

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

Personally, I do prefer doing this thing at this moment because in my opinion, it will just be profit loss if I would make an action to make profit during this market downtrend. Trading has risks and holding will make you more frustrated. So maybe, taking a break from cryto would be a good idea which many investors are doing at this moment. It is expected that investors would be back next year for the positive bullrun.

Perfect35

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

Keeping your hands or running away from ethereum, does not still mean you will not have a bleeding portfolio. As far as i am concerned, i still see and classify Ethereum as one of the best coins to invest in.
Only astute traders can make good profit when the market is in a situation like this. Which is why some people will start running away from trading and would prefer other aspects of earning, if it would be profitable.

magnat7691

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If there is no skill in trading, then there is no need to enter the market at all. In a greater percentage of probability, in the absence of knowledge of this profession, you will fail.

Genemind

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

No, you lose opportunity. Just because the market went down up to 70% of it's recent market cap it doesn't mean it is not profitable. Some traders are even earning even in the bear market thru short-trade. It depends on your timing and strategy. The market still moves up and down even if the whole market is red.

Little_king

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It is profitable to those who pull out by December and rebuy now that they can easily get 5-8 fold of their capital and will not care if it dip more as they will always be in profit but those that join when it was boom already are in big mess.

martina14

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NO! noway! that is the bad thing to do!
well to be in the market now is good!
if you will be the buyer! never commit on the side of the seller in this situation!
well you will be good buying and holding now!

olubams

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

It takes a strong man to find the motivation to keep pushing at this time because really, its hard. You slept with a bad situation of the market which you hope things might get better only to wake up the following morning as see something worse and you blame yourself why didn't you take that decision yesterday to either sell or buy or something better off that current position. Sincerely, there is no advise. If you cannot stand it, take a break but if you can, just find the strength and hope it eventually pays off.

dcomomal

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For sure, I have look at the CMC today morning and was relaxed and few hours later I see that the market is bleeding and we are going deeper and deeper with every second. I won't sell my coins right now, but it will be hard to overcome.

el kaka22

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

I am sure a lot of people may actually be finding what is going on a little bit frustrating, but the truth is what is there to be frustrated about? You will be more frustrated in the long run when you sell out of panic and you see the market you are in grow bigger in value in the long run and that is when you would wish you really did not get to worry about the present and even take advantage of it.

If you are keeping your hands from the market, you want to have a strategy to doing that which in this case, you are more like a long term trader, and you simply do not want to be doing that without knowledge or trying to do it in loss. It is always a season, but you should be selling when everyone is getting greedy and buying when everyone is selling.

tosmartak

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Ball is always in your court bro, but to always take advantage of every moment, stop looking at the current price, but put your focus on the future because if you do that, and you understand the potential of whatever you are holding, you will rather be seeing now as a time to accumulate even more, or at least just be patient enough.

Like some have said, you are not losing anything as long as there is prospect for the project you have invested in and as long as you have not sold for loss. Just make sure, what you have invested in is with a product, and if it is not, you can just basically just readjust your portfolio to make that a reality and be patient.

Maknae09

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

Maybe yes, but no. If a currency is getting to die, and you know that it will not going to recover soon. It is better to widraw your fund or trade that currency to others as long as possible. Keeping your hands out of it will just letting your money to go to waste.

hubballi

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When we miss the chance to buy back the coins which have given a very good price in market and expecting it to drop down so that we can get in and take hold of that profit. But Human nature when the market corrects and give chance to buy and get in we get afraid as we expect that their will be more downward.

My view is keeping hands out is not good as if you have bought coin in high price then it is always good to average the buy price buy buying more in price drop, so that when the market start to go up you should be in profit soon and dont have to wait for your old high purchase price to come and you only get your principal and not profit.

It is the rule of trading that buy in low and sell in high, so if you bought in high always go for more buy in down and average your buying price to get profit soon

3la9l_kolbaCa

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Preventing our weak hand will save us from the current market's bad situations, and if you're going to survive from it definitely the future profit will be yours once market will recover randomly. Trading can't be expected easy and comfortable, because we need to be more mature enough in order to handle concrete decisions and to manage your emotional stress behind problems which might occur.

chokomenia

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You are right about the condition of the market but i think now is the right time to make some good investments and wait for market to recover, just complaining about the condition of the market won't change anything, rather make us feel bad, rather let's be patience and wait for the market to recover.

ShowOff

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

If you bought tokens i think it is not safe if only hold and do nothing. But if you hold coins like Bitcoin or other big altcoin i think you will safe from loss holding some coins. Because i don't see any tokens that really grow in market.

ivanleon

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

For the long term, it is at a time when the market has fallen strongly in capitalization, it is an ideal moment to invest in the strongest coins such as Bitcoin, Litecoin, Ethereum, Dash, ZCASH, NEM, Monero, NEO. Stellar, TRON and other.

Zadicar

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Quote from: cryptonight9631 on November 12, 2018, 10:14:56 AM

Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?

When shorting or day trader no matter which trend does the market have it doesn't really matter at all and making profits would really be still plausible but if you are on
going for long term then accumulating as of today would be somehow ideal yet we can presume that we are already on the bottom.
Getting out or holding your assets currently would be always depending on our choice.If you cant risk up anymore then better cut it.

vallydelly

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It depends on what works for you, the market is red but some people are still making some good money trading cryptos, so if you can trade, you can trade but if you can't then you can hold your coins and wait for market to recover.

ambisyon

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People with very less patience in the cryptoworld has less chances of accomplishing their goal which is to be able to make good profit from their investment. I am saying this because for some people when they get to a situation like this bear season, they panic sell their coins in which case instead of earning they lose. Study the market trends carefully of each coin you had and analyze if there is still hope on that particular coin then hold if think it has the potential to grow. If not, sell your coin while there is still a market volume in the exchange listing atleast you still had saved your investment from losing.

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