This is crypto. Either you win big or lose big... But if you love the idea and holding onto good coins you're going to win. Don't panic sell... Crypto is getting beaten by one bad news after another and this situation will change soon. Maybe it'll take some time, but it'll change. The worst thing you can do is to sell now. Buy more now, just like I did today
That's right what you say. We all do not need to panic continue to sell immediately. Because in Cryptocurrency World things like this have been very reasonable and familiar. All we need to do is to do it if you have this capital when it's the right time to buy coins that have good prospects so that the price can increase later. 
Topic: Still Trading When Red? - page 14. (Read 2172 times)
It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Being a technical analyst I would like to say that during the up's and down's i take two kinds of action based on the market and chart analysis situations. The first action was buying and selling them whenever there is a strong trade signal formed during the uptrend or downtrend. The second action was to site idle and not to trade because sitting idle is also a strategy and professional traders are known for their skills of when not to trade. It is one of the best-known skill of the professional traders and it took me 2 years of training to master it.
I just can't stand it for now, I have to focus my attention on the other thing. I feel totally worn out, whenever I am looking at my portfolio. To unwind myself, I am trying to do other crypto related activities. No trading for now.
for a while we better wait and see in the market movement, although current market conditions such as blood, if you have a lot of money and have a strong belief you better buy it back because this is the right time to make a purchase.
In fact, it's just a scare for useless trader days or very shortly after. Investing in more quality coins in the red is the safest and most effective way for me.
This is crypto. Either you win big or lose big... But if you love the idea and holding onto good coins you're going to win. Don't panic sell... Crypto is getting beaten by one bad news after another and this situation will change soon. Maybe it'll take some time, but it'll change. The worst thing you can do is to sell now. Buy more now, just like I did today
copper member
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Wise trader still do trading during red times, he is twisting these times into an opportunity to gain more later by buying more instead of selling, day trading is good if there is a fluctuation in price but if the red days continues and the dip become deeper, there's no way to do the day trading, what you have to do is buy more and accumulate and wait for the perfect timing to sell and get your profit.
It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
No, i am not trading in the present situation of the market because now almost i lost more than 50% in terms of value. So now i will move away from the market until the price of Bitcoin is kept increasing.
If you didn't want now, just stop trading for a while. Wait for the time the price will rise. But this is the time to buy, so can get your profit.
But it's still your decision to decide.
But it's still your decision to decide.
Volatility is the what traders live for
hero member
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Leading Crypto Sports Betting & Casino Platform
although I still trading when red, sometimes I am thinking to stop for a while and just see the price up and down without trading anything. I think maybe it's good for me to take a rest for a while and enjoy my profit so far and come back with a new power and refresh my body, mind, soul, so I can take a bigger profit. but in the other time, I think this is my chance to continue trading especially the price now is in the red so I can buy at cheap price.
We can actually trading when it's red no matter the situation if still have a chances to buy or sell in that condition. Can even benefit from it depending on how you take advantage of the situation. But maybe people need to analyze what will happen to the coin later, sometimes it also requires us to hold some wait the right time if the situation starts to improve.
It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
There's no way to stop unless you stop eating . In this case bitcoin are good whether it is green or red as long it fluctuates. These things already happens in the past, and ones again, it repeats, the next thing to happen bitcoin will bounce back all we have to do now is to wait and be patient.
People are getting lot more conscious about the bitcoin drop and that is obvious thing because bitcoin has never dropped itself with such great margin. However those who know that bitcoin will bounce back again will always invest at such drops and why should we stay back as we know very well it will come up sooner or later. The bitcoin has gone wild like this many times and I agree that we just need to put our extra patience in it to get the benefits in future.
The past is repeating itself? Yes, it is reacting itself and it has repeated itself many times over the period of its existence. We should really learn from this and must not get to the bottom of it immediately.
So are we trading in the red? Yes off course that is great opportunity. Go ahead and just snip it.
This is obviously temporary and will never be the last for all Cryptos. It would be best to wait it out and buy once the market sentiment has changed.
Right,as what i have seen about the current price in the market capitalization votality shows but there is no need to panic and trade when the value goes dip,keep in mind that holding is the best option and what those legends in this bitcointalk community taught to all newbies about this concerns.Trading was not the reason of cutting loses when correction happensbecause investing is about taking risk,most of risktakers have profited alot in this community and become millionaires at an early age. You just need to employ different trading strategy to suit the market's trend. Personally I still do a lot of swing and arbitrage trades. The downward market doesn't necessarily cause problems to me.
If you know swing trading then either ways of market conditions you can make money but yes one needs to be cautious because a small move in wrong direction can cost a lot in this fluctuating btc market especially when it falls.
For wise traders it is good to use this currency for trading and the altcoin trading are good when the activities in bitcoin become low at that time the activities in bitcoin is good and if the market is red then the trading can be good if the trader is wise and being the bitcoin user it is good for us to do trading all the time and the time management in trading is also a good way to make money.
You just need to employ different trading strategy to suit the market's trend. Personally I still do a lot of swing and arbitrage trades. The downward market doesn't necessarily cause problems to me.
WHEN THERE IS RED MARKET THEN U CAN TRADE IN LEVERAGE IN THE THE SHORT SELLING METHOD THIS CAN GIVE U LOTS OF MONEY AS WHATEVER PRICE IS DOWN THAT MUCH AMOUNT OF MONEY TO YOUR LEVERAGE GIVES YOUR TOTAL PROFIT.
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