I think that at such moments, if you are not trying to enter the position, then it is better not to look at all what is happening in the market.
Topic: Keep your head cool in front of fluctuation (Read 1853 times)
BE CAREFUL WITH GREEN
Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?
DO NOT PANIC WHEN YOU SEE RED
Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and won’t die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, don’t worry.
Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.
Green market is good but we must be very careful upon reviewing it. It may be cause of a trap that after green market red days will come. But for the market situation/condition right now, that we are experiencing major dump red days, even a slight green market would certainly help big to recover loss.
I agree with you. A red means that the opportunity is yet to come and it will come soon and a green means that the opportunity or the level of opportunity has been availed. So green means red coming in and red means green coming in.
I agree with you. And I myself adhere to such judgments. But you ignored one thing. I am a long-term holder of my investments, and for me, as for you, such thoughts are normal. But for those who have day trading with you will not agree.
To keep a cold head you need to make a plan and follow this plan.
Also it is important not to allow yourself to change your opinion about the market every hour.
Also it is important not to allow yourself to change your opinion about the market every hour.
indeed we should have a good plan, and. think positively about the current crypto state, and do or carry out the plan, then we can cool ourselves down.
Just HOLD
I agree.
The technology is still developing for the better and still a lot of people who don't know what the technology is we are experiencing.
One day it will come back to its former glory.
The technology is still developing for the better and still a lot of people who don't know what the technology is we are experiencing.
One day it will come back to its former glory.
BE CAREFUL WITH GREEN
Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?
DO NOT PANIC WHEN YOU SEE RED
Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and won’t die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, don’t worry.
Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.
I can not agree with you there. It is not easy especially in trading, and there you should have strong nerves and be informed with all the changes of news.
I wish I could be careful with green finally. Pretty tired of seeing this red market everyday and the worst thing is, that nobody knows when it is going to end. I do not know it what to believe and trying to relax and to wait.
Fluctuation is normal in cryptocurrency due to high volatile movement and we can only do is to hold your coins until it bounce back. We need tons of patience and if you trust on this technology then nothing to worry as this can rise to the top again.
Yes, it`s true. But you also can try day trading - it`s a very promising activity on fluctuation market. What about a long-term perspective - it costs to buy and hold coins for better times.The main reason why a lot of people always end up experiencing the bad side of trading is because they took it as something easy and with nonchalant attitude, but trust me, nothing in this world is easy unless you are able to learn ways to deal with it.
The prices will alway be up and down in investing, therefore there is nothing to worry about during green and red. Most importantly, intense research must be done before investing.
Of course we are the long-term investor in the market, most importantly the focus of the project, its product and its foundation will bring the project's price to wherever possible.
Patience and wisdom is what it takes to be successful in this market, I'm constantly working on both although it is not so easy, but I see that there are many newbies who come here without having clear these basic needs to be successful in this market, that's why they often get ripped off or losing a lot of money and wondering what happened.
Yes I agree. also sometimes the fall of a coin is not actually her fall and rise of the other in the ratio. so it was recently with bitcoin. many thought that cue ball fell, but in fact it is USD grew
You are right and that is the advice we always give to newbies in cryptocurrency investment due to the fact that the crypto market is always volatile and at such you don't expect a one direction movement and once the coin you invest in has potential then you should be rest assured that no matter how bad the market is at any point in Time it will still recover and rise again.
i stay calm and do not look at the prices every day. so i get along well that the prices are falling and i also use the time to buy cheap coins. that is how i hold out the current time.
Your plans are really good as you buy coins in cheap if the market value is low that's really a good thought. And your patience will reward you for sure, well this is the strategy of the market but when the price is low and sell if it is higher, So you execute your plan and you deserve for it.
To keep a cold head you need to make a plan and follow this plan.
Also it is important not to allow yourself to change your opinion about the market every hour.
Also it is important not to allow yourself to change your opinion about the market every hour.
"Red is not always bad" sometimes it gives us opportunity to re-enter in the market and take advantage of deep. So corrections are for good only and we should take its as an opportunity.
BE CAREFUL WITH GREEN
Many know this but rarely can do.
Normally, green represents growth and red represents price decrease. But to me, it is the opposite. I have witnessed quite a few cases in which investors buy a green coin, like TRON (TRX) or Siacoin (SC), then lose their money. You should know that when the coin turn green, it is just some leftover or a rat trap. Like Siacoin, will you earn 800% more after it has already increased 800%?
DO NOT PANIC WHEN YOU SEE RED
Only be afraid and panic if your coin is a shitcoin. Shitcoin will sooner or later die even when it once green for a long period.
If your coin is solid coins, the red will soon leave and it is meaningless to panic. Those solid coins have survived long enough to have a future in this market and won’t die easily. Otherwise, they have a solid foundation of strong team member and potential project. If those are your case, don’t worry.
Ethereum and Bitcoin have also gone through those red and green days and still be here to grow. Be patient and have a long vision (6 months to 20 years). The rise or fall in short term does not mean anything.
I totally agree with this, not because the coin is green it doesn't mean it will keep on growing in price. Especially during the bear market, most people are waiting for some coin to green before they sell. That is why those who buy during that time losses their money.
The prices will alway be up and down in investing, therefore there is nothing to worry about during green and red. Most importantly, intense research must be done before investing.
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