Topic: Still Trading When Red? - page 17. (Read 2175 times)
in a situation like this I still do treding, but treding that I do not like the time when the market is going up, I do treding in just a few hours every day, because it is impossible that a coin will go down continuously, there must be a time he will go up, but not for long, just a few hours we can do treding and just get a little profit, that's what I do up to now, and I'm just learning from confidence and optimism can definitely and one more thing, I also have ready to lose,
Sometimes, there are situations when we are forced to sell even if the market price is low. This had happened to me before , there was an emergency in our family and I need some money. That time was when bitcoin really had a huge drop and since I need the money, I have no choice but to sell some tokens and sell bitcoin even at low price. Anyways, the price changes from time to time and even if I have to sell at that time I still get to earn a good profit when the price bubbled up. This is how volatile these coins are and we just have to keep earning them because the time that these coins will bring us good fortune will surely come.
I would be more to be patient at times like this especially if you've ever seen a situation like this before in the market of cryptocurrencies. I simply suggest doing what you accept.
Just continue with the use of Bitcoin, it has been around for almost a decade now. id say to not invest wholly, invest in parts rather and hold those coins you possess right now. It'll pay of in multitude in the coming years.
i will still trade even if it is red. why? because exchanging or trading currency like bitcoin is a game of chance. not all red i guess is a scam or whatever effect. sometimes you just need to take risk for your own money.
Traders make money indifferently in what direction the market goes.
Of course, if the strategy is "I buy now a coin, with the hope that it will grow (and I suspect this is the only strategy used by most of the people) there is no other solution than pray the gods...
Of course, if the strategy is "I buy now a coin, with the hope that it will grow (and I suspect this is the only strategy used by most of the people) there is no other solution than pray the gods...
I would be more to be patient at times like this especially if you've ever seen a situation like this before in the market of cryptocurrencies. I will keep trading but not in large quantities to avoid losses in large numbers, if the price continues to fall, but I am sure the value of the crypto currency will return to normal.
if the market is red then it is a good time to buy and I will keep trading but should be more careful in reading the market in order to get profit
It's all about timing. If I am suffering a lose in an investment like bitcoin I would rather wait for the right time to cash out instead cutting my losses. I've done that before and now, I still regret it some days.
thinking sensibly with the cost on all crypto for the time being possibly we ought to rather look out for the crypto value development as regular and incidentally don't have to do exchanging exercises. possibly for the time being the proper thing is to put some cash out of our own pocket to get some cryptoes that have great forecasts for the future yet I think this needs the mettle of each other on the grounds that we won't have the capacity to anticipate whether things this will keep going for some time or briefly. I simply suggest doing what you accept.
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?
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?
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?
I think we could still trading and maybe we can buy something and sell it when its increase, don't expect to reach a big profit but sell it when it increases and do it over and over. I think if we can do this, I am sure that we can find a gap of the price so we can make more money. I see sometimes the price doesn't have a gap price but after few minutes, the gap price is shown and this is our chance to buy or to sell the coins. this chance is only seeing on the coin which has a good moving in the market and the price is move so fast so the gap price will show to us.
Im buying as much as i can but hopefully will see green soon.
I have been buying bitcoin and a few altcoins when the trading chart goes red on the crypto-currencies trading market, but I guess I will be stuck with these bitcoin and altcoins in my wallet for a long time since a price recovery looks quite impossible in the short term.
In case you want to buy a bitcoin at low price, this red time is best.At this time you will get bitcoin at low rate.If the market is green you are forced to bug at high price. So the red region is best time to inverse your money in bitcoin.
Yes this time is a good time to buy more bitcoin because you now have a chance to buy it in the low price on where the people having a panic for selling their coins due to the market crash but some people thinking that this is a good advantage to buy more because they believe in bitcoin that it will be going up high in the future. 
-snip-
As it relates to crypto, people employing your strategy when it fell from $20,000 to $18,000 are still way down on their investment. Then when they bought more at $16,000 and $15,000 and $12,000 and so on are compounding losses with a stupid strategy that isn't guaranteed to pay off. Many commodity bubbles that pop never retain their old high. If that ends up being the case here, I won't feel bad for people who sit on those losses. Play stupid games, win stupid prizes.
I agree with you. Fundamental mistakes may be based on opinions from some who assume that prices will continue to skyrocket, while in reality we will not be able to resist market flows, if the price continues to decline then sell the assets with sell-loss aims to reduce losses is the choice best, then wait for the right time after the fall trend stops to buy again.As it relates to crypto, people employing your strategy when it fell from $20,000 to $18,000 are still way down on their investment. Then when they bought more at $16,000 and $15,000 and $12,000 and so on are compounding losses with a stupid strategy that isn't guaranteed to pay off. Many commodity bubbles that pop never retain their old high. If that ends up being the case here, I won't feel bad for people who sit on those losses. Play stupid games, win stupid prizes.
This is again making the same logic fail that I highlighted in my previous post. Your underlying assumption is that because something was once a higher price and is now a lower price, it must as a law eventually go back up to the previous price. So instead of recognizing this as a flaw in the logic, you're instead saying "my assumption isn't wrong, I just bought too early." When you say "wait for the right time after the fall trend stops to buy again" it's the same logical error in taking as a fact that if you just buy at the right time, the price is guaranteed to go up. Nothing in the world works like that; no price is guaranteed to go up from any specific price point.
I don't think it is a logical error in itself either. Of course, price is not guaranteed to go up from any specific price point but it is not about formal logic. I don't think that anyone in his right mind would claim that there is some cast in iron dependency or relationship between price fall and subsequent rise. So it is more about chances and statistics, expectations and hopes that there will be a massive rebound after a correction. I'm sorry to say that but you seem to be nitpicking here.
You're trying to draw a semantic difference, but just follow it through and see if it still makes sense. You're acknowledging that a price drop doesn't mean the asset price will rise again, which was my initial argument. Now you're saying that it's about probability and statistics. The implication here seems to be that because the price is lower than it was, it is now more likely to go back up than not. That's just as false as assuming that a price has to eventually be higher than it is right now if you just wait long enough. To me, it seems like the same conclusion, just arrived by a slightly more nuanced means. Price level and likelihood of price rise are not related, they're independent variables, so it's the same logical error as before. If the inverse were true, everyone would be smartest to never buy quality stocks that have good reason to be trading at very high prices (think Berkshire or Apple) and only trade in penny stocks which are mostly garbage companies with no viable business plan.
When the markets move fast you can earn a decent amount of money in arbitrage, selling into exchanges that hold the coin more expensive for a short period of time, this is the best example for red trading
In case you want to buy a bitcoin at low price, this red time is best.At this time you will get bitcoin at low rate.If the market is green you are forced to bug at high price. So the red region is best time to inverse your money in bitcoin.
Jump to: