Still Trading When Red? - page 19. | Bitcointalksearch.org

Tiktik

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Quote from: CryptoBry on January 17, 2018, 04:52:08 AM

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?

Yes theres a lot of people want red that green because they get more profit when it pump this way helps a lo of people to get more profit but theres a lot of people think that this is fraud yes this is like a fraud because of the manipulation of all whaled so dont buy at the top always in dip

Nylelyn

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Quote from: bitbunnny on January 17, 2018, 05:22:03 AM

I think now it's great time to buy so there is no reason to stop.
Situations like this have happened before and will happen again, I wouldn't worry too much. It's temporay situation and the market will recover so you have to be ready for that.

Situations like this is quite alarming, however if you are in this business for sometime you would know that this is a normal cycle. Many are panic selling but still many take advantage of the low price, wait for the possible lowest price to buy altcoins. I think one can still trade if you have enough funds, but you don't expect to gain big profits at this time. And make sure you have some reserve when the price pumps out to the moon.

dificanovi

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Quote from: CryptoBry on January 17, 2018, 04:52:08 AM

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?

in this horrible moment I'd better keep the bitcoin we have because bitcoin prices are going down very sharply, but if I have the money to buy bitcoin then I will hurry to buy it, now is the right time to buy bitcoin.

Kambal2000

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Quote from: fritzbird on March 08, 2018, 01:15:42 PM

It's a red day, there it is again. Prices are going down and people try not to pay too much attention to
it. As of the moment, a lot of people are also looking forward with a red day like this. I don't know about
trading but they are taking advantage of the recent low prices, a lot are buying bitcoins and mostly are
investing with ETH. A good time for purchasing this coins. Invest, hold and wait. Things will be better.

Some people especially those people who are just starting to buy or to invest here in cryptocurrency were waiting for the price to become red when that happens they find it an opportunity for them to start to buy with, so having a red blood in trading is a good start for other people.

fritzbird

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It's a red day, there it is again. Prices are going down and people try not to pay too much attention to
it. As of the moment, a lot of people are also looking forward with a red day like this. I don't know about
trading but they are taking advantage of the recent low prices, a lot are buying bitcoins and mostly are
investing with ETH. A good time for purchasing this coins. Invest, hold and wait. Things will be better.

Ctn

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I think this is second time we are experiencing the darkest red bloodbath after the month of January and it is not that bad thing. Let's learn from the experience that we had just a month ago. When it was red all over we bought as much as crypto as we could (at least me) and then traded them when we went into Greenfield. I think there is no great feeling than this that can occur to us. Now is the time history repeats itself again and we should not stay out of the opportunity. I think we must this second time and earn some bucks for ourselves.

Eggzootechkoyn

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I see it as not to literally earn profit even when cryptomarket is bleeding red. It means that you can trade some of those cheap and high potential tokens and HODL them and you will harvest the fruit of your hardwork.

magmar

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Quote from: CryptoBry on January 17, 2018, 04:52:08 AM

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?

Yes i am.still tradaing ìn a red colored market but i am not selling coin but instead that is the right time to buy a lot of coins that i know can gave me a huge profit in the future i buy falling tokens and when they rise up even a little bit then i will sell it immediately and u get an easy money with that but the fees are getting higher so my goals or standards is also getting higher. I am not selling with the price that i know that i will lose in the fees so having a great coin is a must. So need to trade everyday wvwn if it is red.

Yatsan

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Quote from: CryptoBry on January 17, 2018, 04:52:08 AM

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?

Trading while the market is red, surely is risky. Much better if you will wait until the market recover or to turn green. In that way you will be able to make sure of the profit. Buying is more advisable as well as holding. That's obvious. Crashes are only temporary and after a couple of weeks, recovery will take place. It is a typical scenario with cryptocurrencies. So just buy at dips.

ipanks

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Quote from: Jedzkie050617 on March 07, 2018, 07:58:40 PM

Quote from: kiniksarah on March 05, 2018, 03:52:19 PM

I do not trade when red I just buy a little btc to hold and I will sell when the price is expensive

No its not good to trade when red, during these time, the best thing to do is hold your investment and buy coin because the amount or price is not that high. Having ups and down of the price is normal, as an investor or a member it is within you/us the decision what we want to do.

it is a good time for us to buy more but only if we have a big money to buy the coins. but if we are not sure about the conditions in the market maybe we can only watch and see what is going on in the market. sometimes I buy the coins if I think it will increase in a few days and of course, I only buy after I doing analysis with the coin and I'd prefer to wait for the low price to buy the coin. but at the other time, it is better to just see the price is moving from down to up and then down again too deep because sometimes the price will get down for more. so I think it is about how we are going to do when we see the market.

Hell-raiser

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Quote from: jaysabi on March 07, 2018, 04:08:03 PM

Quote from: AVAMONEY on March 01, 2018, 09:45:48 AM

Quote from: jaysabi on February 24, 2018, 11:27:34 AM

-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.

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.

Kuchiyosenojutsu

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if you have a lot of capital then I would advise you to take advantage when the market is bleeding by buying coins that you think have a good future.
because you will get a price far in market price and hold it until the market recovers, it may take around a few months.
but when you have a coin and the market is bleeding then I suggest you to hold it, do not panic and stay calm because convince yourself that this will pass.
I have some coins at the moment, and I'll just wait until the market turns green.

waynechong1995

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swing!

Depending on your scale of losses obviously. For one that losses 50 % might not have any buying power unless new buyers are coming in. You see the nature of the pump of cryptocurrency recently resulted a swift amount of cash. Around 400 b to come in and exit slowly ever since. In simply terms some people had their profits and thats all. They had earned by nullifying our earnings as market are always fair someone win someone lost. What can we do was to simply have more capital for dips, selling loss for another speculation.... or simply HODL on your beliefs

Jedzkie050617

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Quote from: kiniksarah on March 05, 2018, 03:52:19 PM

I do not trade when red I just buy a little btc to hold and I will sell when the price is expensive

No its not good to trade when red, during these time, the best thing to do is hold your investment and buy coin because the amount or price is not that high. Having ups and down of the price is normal, as an investor or a member it is within you/us the decision what we want to do.

Ultegra134

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Quote from: CryptoBry on January 17, 2018, 04:52:08 AM

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?

Highly depends on each individual's actions. When the market crashes, it creates room for future investments (Either for long-term holding or trading). Most are afraid of making any significant moves during that time due to the instability of the prices (Price crashing even further after purchasing and so on).

I'm not a long-term holder nor a trader, however, I have traded in the "Reds" before, trying to take advantage of lower prices.

jaysabi

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Quote from: AVAMONEY on March 01, 2018, 09:45:48 AM

Quote from: jaysabi on February 24, 2018, 11:27:34 AM

-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.

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.

Altero

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Quote from: gandame on March 04, 2018, 04:48:15 AM

If red days its good to buy some potential coin and wait for the green days. If atcoins dump it is good to investor they will buy more so that they will keep more coins.

That's the usual things they do for their chances to buy more. Basically, thing may change in different ways and may not sure when market goes into green again but still life continue in trading even without having profit at that time. People are keep on buying and hold for awhile as we believe it will turn into bright side any moment.

kiniksarah

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I do not trade when red I just buy a little btc to hold and I will sell when the price is expensive

JCO05

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Holding will be a better idea than to trade or sell when the market is in red because trading will just make the situation worse and will just contribute in the dump. Holding will help younto avoid losing money because when it turn into green, that is when you will earn profit and is a better time to trade if ever you are already wanting ti sell or trade your token. And I think this is what most of the traders are doing.

sirenmoon

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I personally don't trade in red. There were times when that red served me as a warning for something that is unavoidable and then I traded. I did the good calculation back then because the altcoin I had traded with was dropped at the very low value in a very short time. Trading in blood market is recommended only if your portfolio holds some suspicious coin with no certain future but if you have some stable coins that had already experienced the drops holding is recommended.

Topic: Still Trading When Red? - page 19. (Read 2175 times)