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Topic: Still Trading When Red? - page 30. (Read 2175 times)

full member
Activity: 350
Merit: 100
January 17, 2018, 11:35:36 PM
#48


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 this is news that will make panic as bitcoin or other altcoin holders because it will make all the crypto currencies decrease in value, and this will benefit investors because they buy the currency crypto cheaply and will be sold when high price
sr. member
Activity: 2422
Merit: 357
January 17, 2018, 11:20:48 PM
#47
Its more better to buy and hold than to trade because trading now is a bit more risky than the other weeks. Its true that cryptoworld suffers from a bloody price down but lets just make this opportunity to buy some cryptos and get ready foe the next bubble. Im sure it is possible to gain its value again.
member
Activity: 95
Merit: 10
January 17, 2018, 10:50:31 PM
#46
Yes with yesterday's incidence almost all cryptocurrency has decreased dramatically, many speculate that the incident is triggered by policies made by Korea and China that issued a policy that prohibits the use of cryptocurrency, when it is issued that happens is mostly many who sell cryptocoin, and which even worse who do not know about the issue of the policy of the two countries follow-up sell some of its assets, then there was a very drastic decline. We can see today the condition of cryptocurrency has begun to gradually recover from the downturn yesterday.

When that happens I am more likely to analyze what is happening and how I should act, whether to sell or wait until the new low point of buying cryptocurrency. My yesterday's action is more directed to wait & see
member
Activity: 392
Merit: 10
January 17, 2018, 09:53:26 PM
#45
When red, trading can bring benefits, I think the risk is also very big! Because a lot of people panic, easy to sell at low prices, the market will fall. Although the recent policy has the influence on the market, but I believe it will be better gradually!
member
Activity: 94
Merit: 10
January 17, 2018, 09:32:31 PM
#44
Market up, is an opportunity same as market down are also good opportunity. Most of the traders just see profit on an uptrend but we can also make money when price fall through short sells.  Just trade small amount maybe half of your regular trade.
member
Activity: 280
Merit: 10
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January 17, 2018, 09:31:53 PM
#43
You have put forth some real points here which I agree upon 100%. Such as this have happened already in the past and also it is noticeable that it happened at the period, yes perfect. So from this we only have one lesson that we should really hold at the moment. If you have courage and enough money that you can stake or gamble then you should really go for buying some coins at this point.

This is really perfect time to buy bitcoin and Ethereum on major scale. For me I don't have enough funds so I will most probably hold and won't do much moment here. I will look forward to start my trades again after analysing the market for next one week. Im sure the situation will be dispersed and everything will be clear to take the decisions.  Cheesy

No matter how low the currency of the bitcoin right now but still i hold my bitcoin instead of selling. Because we know already the situation of the bitcoin. Sometimes the bitcoin is going down and sometimes going up.so it's better to keep on waiting for the right time to sell bitcoin.
sr. member
Activity: 644
Merit: 261
January 17, 2018, 09:07:04 PM
#42


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 am still trading because I can still see some opportunities to buy a coin especially in this situation when they are in red and there is a high possibility that in the coming days, they will be in green or even the next hour. I have funds for short term or day trading so I use this to play with the market for now. Bitcoin is going up now as well as with other coins so it is a good buy opportunity besides it is all about the timing of buying that you would be able to profit or not. Some would even have bigger profits during this time because when the coin goes down and there is FUD, market seems predictable so those who short it would have bigger profits.
full member
Activity: 504
Merit: 106
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January 17, 2018, 08:55:33 PM
#41


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 safe to hold your alts while in this bloodbath situation. If you are a risk taker and can take the risk because you have the money, you can always bet trade. Playing safe on investing can sometimes stop you from earning. Although I prefer to be safe, I always admire those people who take risk and be successful. There only a few of them. Majority of them fails because they are too greedy. At the end of the day, its your decision. Trust in your knowledge and gut feeling. It's like poker, you can be aggressive or play it safe.
member
Activity: 350
Merit: 10
January 17, 2018, 08:44:02 PM
#40


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 is also good when the market is down but not at selling. Just buying and holding will be good, where you buy coins for low prices then wai for the price to pump up. I dont know what other think on this days that they see reds,but as for me red is good when you buy tokens.
newbie
Activity: 126
Merit: 0
January 17, 2018, 08:27:08 PM
#39
I won't trade when it goes down! The current market because of the policy influence is fluctuated!
member
Activity: 266
Merit: 27
January 17, 2018, 07:39:53 PM
#38
During such dips the best way is to use a DCA (Dollar Cost Averaging) strategy and buy a fuckton. If you truly believe in a coin, such dips will make you easy money as long as the tech behind the coin is a for real and not just vaporwave
full member
Activity: 392
Merit: 101
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January 17, 2018, 07:39:44 PM
#37
It 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.
newbie
Activity: 210
Merit: 0
January 17, 2018, 07:35:45 PM
#36
It's a hit and miss. For me, I would buy some gradually, not in bulk. When it goes down, buy some again. Until the time when the market rises again and profit comes. Happened before.
full member
Activity: 162
Merit: 100
January 17, 2018, 07:35:22 PM
#35


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?



This will depends on how people think but for me I will not stop trading but I will use that as an advantage to buy more coins at cheaper price.  Yes as we can see most of the coins are getting down but dont look that as a negative way instead use that oppurtunity to earn.
hero member
Activity: 840
Merit: 502
January 17, 2018, 07:27:42 PM
#34


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 the exchange where you are trading allows shorting bitcoin then you earned a small fortune in this particular day if you could not make money with investments in their way up and in their way down then things will be very boring since everyone will just hold and wait for the moment the price goes up, but with shorting you can earn money no matter the state of bitcoin.
full member
Activity: 476
Merit: 107
January 17, 2018, 06:15:33 PM
#33
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?

Why stop? It is the best time to stock up on altcoins since almost everything is in sale right now because of bloodbath. This moment is a very crticial one for all traders as this event can help most gain and for some is loss. Nevertheless buying up alts right now is the wisest choice just choose those with potential left for growth.  Dire situations like this ain't time for rest but time to accumulate to gain profit afterwards.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
January 17, 2018, 05:37:04 PM
#32
Pausing? These are the best times to trade if you know what you are doing. This is the reason why Wall Stress guys like bitcoin so much. These wild price swings makes any traders dreams come true. Have you seen the gains traders could have made today, from those oversold bounces? You can make 10% of your trading stack in just a few minutes. You cant do anything like that anywhere else, so of course people are not stop trading. Actually if you look at the daily volumes you can see just that. People are completely engaged in crypto markets right now, because there is a lot of money to be made.

I still want for bitcoin to succeed, and I know that volatility will have to disappear for that to happen, and I hope that happens eventually, but damn I will miss these wild days.
sr. member
Activity: 1736
Merit: 306
January 17, 2018, 05:11:15 PM
#31
indeed now I see a lot of prices that show the color red, but it is only temporary, maybe this is caused because it is still early in the year so it requires adaptation in 2018 ..
for investors who have a lot of money and know how the world of crypto .. this is the right time to buy lots of bitcoin and altcoin ...
I also try to collect bitcoin and some altcoin Grin
hero member
Activity: 1065
Merit: 510
January 17, 2018, 05:03:32 PM
#30


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?


Losing out large percentage on portfolio isnt really new thing and as an investor/trader seeing these red numbers is just like normal which do really happens anytime into this volatile market.For now im not making any trades since im holding most of my coins and not selling out on loss instead on panicking im seeing chances now to get in or buy even more cheaper coins.Even on bitcoin i did able to get in on 10k price and now its already on 11.4k price which an easy profits for me.
full member
Activity: 238
Merit: 112
January 17, 2018, 04:56:14 PM
#29
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.
I Believe that majority of rational investors and traders will buy more coins and tokens as a result of the low in their market value which was as a result of bad news coming from North Korea on crypto currency exchange.  And as a result of the news panic selling began by those whp cannot afford to lose much of their coins or watching the market value of Bitcoin and altcoins going down.
I do not do trading, but I still collecting Bitcoin and Ethereum. Bitcoin and Ethereum. I was determined to continue collect Bitcoin as much as possible, and wait until the price goes up manyfold. I want Bitcoin to make all my dreams come true and build my new business. I will not sell until all my dreams come true. I also have no doubt about Bitcoin because I've seen for myself how the Bitcoin development has been. I remain confident that the Bitcoin price will increase sooner or later. I hope I can collect enough Bitcoin for my future. I think you can still do trading. If you are so sure about Bitcoin, then you can buy it now.
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