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Topic: Still Trading When Red? - page 3. (Read 2172 times)

full member
Activity: 392
Merit: 100
May 08, 2018, 11:40:18 PM


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?


indeed still trading even the market is red because i know that i can make money even the market is red by buying at the dumps and waiting for a small pump for at least 10% and then i am selling them so i can get a quick profit and i am just doing this all the time when the market is red and it seems that it is a good strategy.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
May 08, 2018, 11:34:35 PM
Trading when the market gets indicated with red is purely the sign of a pro trader, because he always try to make the best out of it using the marginal difference happening between time. Today the market has gone low getting closer to the $9000 mark which might go higher by the ongoing weekend.
newbie
Activity: 210
Merit: 0
May 08, 2018, 11:27:07 PM
If the market continues to be red, you can buy COINS at a low price, and you'll get higher returns when the market goes up again.

So don't panic when the market is red. It's time to buy.
member
Activity: 325
Merit: 10
May 08, 2018, 11:19:33 PM
Now all the altcoins price is up.I think this is not the right time to invest your money in trading coins.But some altcoins price is still low.So if you invest your money in that coins you will get little profit. Embarrassed
sr. member
Activity: 1491
Merit: 320
🐪
May 08, 2018, 02:08:59 PM

~

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?



If you are profesional , you can do daily trading. I personally prefer to hold my coins and wait until the market will rise.

You have to dedicate a lot of time and must follow fluctuations price and what is happening at all times in cryptocurrency world if you decide to daytrade.

I prefer also to hodl. My strategy is to find good projects and don't sell it until its price rises several times.
newbie
Activity: 122
Merit: 0
May 08, 2018, 02:05:12 PM


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?



If you are profesional , you can do daily trading. I personally prefer to hold my coins and wait until the market will rise.
full member
Activity: 364
Merit: 100
May 08, 2018, 01:58:34 PM
actuually depends on the coin that you are trading. If by this time you get to have more coins compared to the times when market isn't down, then go for it. But if you think that you will lose some, then i guess it is best to hold and wait. During this time, i tend to purchase some coins and gold them for i get to have them at a low value.
full member
Activity: 546
Merit: 100
May 08, 2018, 01:33:21 PM
Profits are made when you buy and not when you sell. Opportunities for profit are best found when the market is down, so why stop trading when it is the best time to enter a position?


When the market is red, it is better not to trade (this is just my personal convenience). I am trying not to risk this time and go on holding the coins.
sr. member
Activity: 406
Merit: 250
May 07, 2018, 01:56:09 PM
Price doesn't matter because the main purpose is to make more tokens, after succsesful deals you will recive many tokens that can be sold very expensive later when price recover.
member
Activity: 308
Merit: 10
May 07, 2018, 01:19:08 PM
If you can earn when market is in a flat or downward trend so you should trade but if you are an investor and you can earn when market is in a upward trend then you would better to suspend your trading and to investigate market to figure out the current situation.
As for me I am an investor I have bought ETH and I am not going to sell them right now.
I think you should never sell and wait for its high price because bitcoin price will going to more high and that's why you will get goid profit but you should read about trading and start it because trading is also a good chance to earn money and it will give you daily profit, so some people are never leave trading if market value up or down they are continue their trading and that's why they get huge profit.
member
Activity: 152
Merit: 10
May 07, 2018, 01:12:18 PM
If I do not think there is influence if work or green because I will still trade if for example red then the right time for us to buy coins and If the market has started to green it is when sell it and buy when red again.
newbie
Activity: 728
Merit: 0
May 07, 2018, 01:10:07 PM
If you can earn when market is in a flat or downward trend so you should trade but if you are an investor and you can earn when market is in a upward trend then you would better to suspend your trading and to investigate market to figure out the current situation.
As for me I am an investor I have bought ETH and I am not going to sell them right now.
jr. member
Activity: 196
Merit: 1
May 07, 2018, 01:08:25 PM
For me personally, I`m holding my actives, but I  know many people are sucsesful traders in the "red sea". How do they perform it, I donk know...
full member
Activity: 504
Merit: 101
May 07, 2018, 01:08:20 PM
They said when the token price is low buy it, when the token price is high, sell it. Don't stop, be positive and not worry,, market knowing is same situation in the past year until now, you need more patience and courage to wait until the market is good.
well, a professional trader will take the opportunity to buy potentially large coins. well, but not everyone dared to take that decision, because some things. well, sometimes, when the market turns red, it will make us panic, and want to immediately sell the assets we have.
Exactly! I am not a professional trader but if given the chance to trade I would start when I am seeing the market going red, but of course not all coins, I would just choose the coins that I want to invest at and those are the coins just like bitcoin, eth , ltc which is already in the market for so many years.
sr. member
Activity: 1974
Merit: 450
May 07, 2018, 01:04:00 PM
They said when the token price is low buy it, when the token price is high, sell it. Don't stop, be positive and not worry,, market knowing is same situation in the past year until now, you need more patience and courage to wait until the market is good.
well, a professional trader will take the opportunity to buy potentially large coins. well, but not everyone dared to take that decision, because some things. well, sometimes, when the market turns red, it will make us panic, and want to immediately sell the assets we have.
member
Activity: 322
Merit: 10
May 07, 2018, 12:58:39 PM
I keep trading even when it's red because when it's red or when the price goes down it's a good time to buy bitcoin and altcoin even though red bitcoin still has good prospects for investing and can make long-term investments for our children and families.
member
Activity: 221
Merit: 10
May 07, 2018, 11:47:29 AM
I choose to bash though in red, because when the red is a good time to buy cheaply, but also have the risk of prices continue to fall, I usually use the reserve capital if the price is red
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
May 07, 2018, 11:33:09 AM
They said when the token price is low buy it, when the token price is high, sell it. Don't stop, be positive and not worry,, market knowing is same situation in the past year until now, you need more patience and courage to wait until the market is good.
sr. member
Activity: 1316
Merit: 257
May 07, 2018, 11:31:33 AM
In a red market situation, my personal experience is that I keep holding it until the market turns green ... and I think if trade when the red market situation is very risky what else for those who can not predict or find information about the market and the development of coins to trade , I choose to be safe by holding it because I'm sure there will be red color will be green later .. most important do not panic and keep patience waiting for it, simple Grin
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
May 07, 2018, 10:43:33 AM
Isn't it a good idea to go on trading while the cryptomarkets are bleeding red? Isn't it great to trade digital currencies as their market price plummets down? With that being said, trading while cryptomarkets are in red is the best time for you to do trading.
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