Topic: Keep your head cool in front of fluctuation - page 2. (Read 1889 times)
Great advise for newbies and not only for them. It is really hard not to panic on the falling market and see your portfolio decreasing every week. Be strong and sell when this market is finally going to recover.
This is actually the only thing to do right now, prices are down and there is nothing that anyone can do for the market besides hodl the coins and wait for the prices of the coins to recover. I really don't see any way that anyone would be able to make money from the way the market is down right now. Selling now is not even an option for investors right now
When it comes to keeping your head cool in front of fluctuation, always must know what you are doing. For instance, if there is a huge storm in front of you and you know you have the skills, experience and the knowledge of how to walk through the storm without being affected, I am sure, you will always have that confidence to approach it without a shaky mind, knowing that you have been trained to do it.This is the same way trading should be approached, and before you even learn, you should understand the risks first as that is the only way you will push yourself well to learn the things that are necessary and practice to a very good extent. Making money is one thing, but being smart about it is another thing.
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 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.
This suggestion is very good. Now that we are facing the century war between BCH and BCHSV, the cryptocurrency market will be shaken immediately. Now we should stay calm and not blindly choose the camp. This is like a big battle between the Alliance and the Horde.
Plan you strategies, trade and stay cool. Cryptocurrencies fluctuates rapidly making traders especially the beginners, mostly unsteady in their tradings. Being calm and patient can give you clearer mind that needed to perform a good trade instead of giving in to panic when the prices go down. Practice and research can also help in your plan to become a better trader in the future.
everyone who understands will crypto will be able to with a cool head, addressing what happens in crypto including fluctuations. but for those who haven't had the experience too and there is not even a basic study about crypto will be difficult to be developed in this regard. panic will continue to haunt them until they are there understand what it is they do the wrong thing.
I think the most important thing is your plan and intent. If you do not have a good future plan, you will easily be greedy or red by the market to make you act out of thought. So I think we should know what value we are focused on and then pursue it to the end.
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.
Well, this is crypto, i expect something like that will occur often, the fluctuation. Cryptocurrency value is unstable, volatile in the market.
As a traders and holders, we must not take our decision with hasty and panic. Every movements of crypto in the market are normal.
When it goes down, it will back goes up in a certain range of time. But cryptocurrency value in the market keep going up since the first coin created in 2009, bitcoin.
Yes, I agree that people should be cool when fluctuations hit the market as this is just the way how cryptocurrency works. During bearish market, it will be the opportunity for the people to buy cryptocurrency at a lower price but before investing, study further on the choice of coin particularly on the market history of such coin.
I think we should all get used
Green candles are all normal and similarly fluctuations of prices are normal as well
Just focus and be sure about your strategy
Determine what you want for yourself
Green candles are all normal and similarly fluctuations of prices are normal as well
Just focus and be sure about your strategy
Determine what you want for yourself
Day trading has a high chance of making a significant return on investment. The most important thing is to use your own experience and your own developed strategy. To observe them strictly and consistently with always wise and cool head.
You made a point the best time to invest in a coin is when the market is in the red zone, though it's risky to do so but like the saying goes, take the risk and make it big, For me the current bear market is a good time to buy some good coins and wait for the market to recover.
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.
You should always stay calm on the falling market, because the decisions that are made by panic in 99,9 percent of cases are leading to big loses. Stay calm and wait for the green market, the red times cannot last forever.
Yes, only professional traders and adventurers can make money in the ongoing red market. Many people are losing money. The risk of large purchases before market volatility is enormous. Such investment methods belong to only a few people, and most people are still waiting for a good market.
This is actually the only thing to do right now, prices are down and there is nothing that anyone can do for the market besides hodl the coins and wait for the prices of the coins to recover. I really don't see any way that anyone would be able to make money from the way the market is down right now. Selling now is not even an option for investors right now
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. I prefer day trading and considering that the capitalization after a strong dump grows slowly, I think that if you buy coins for the long term, the you should wait profits really long.
I've proven the result from day trading too. I've got good enough profit from the current market fluctuation.even the profit isn't big enough compared with long term investment, but is still good enough to get the profit from day trading
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.
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