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Topic: Still Trading When Red? - page 31. (Read 2172 times)

newbie
Activity: 6
Merit: 0
January 17, 2018, 05:47:11 PM
#28
If I was staying in the market I would continue to buy even if BTC was in red or under $1,000. People are betting against BTC on the futures market so the price goes down so they can make money.
sr. member
Activity: 1330
Merit: 291
January 17, 2018, 05:44:52 PM
#27


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 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.
full member
Activity: 686
Merit: 108
January 17, 2018, 05:26:18 PM
#26
I think every situation is an opportunity for those who know the market well. But I do not find myself so experienced in the crypto money market. For this reason, I prefer to stop trading and wait patience when prices fall down.

We can’t say how deep the market is going so better to stop trading for now if you are not confident into it. Better to buy more token instead before it spike higher again, showing some recovery as of now but I think it is still at the correction level. Trade at your own risk and always do your study so you cannot loose money in this red market.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
January 17, 2018, 05:25:30 PM
#25
I do, because when the market is in red, there are a lot of gaps and opportunities between exchanges. Some are reacting slower than others.
member
Activity: 319
Merit: 11
January 17, 2018, 05:22:57 PM
#24
Still trading in red or downtrend and watching for possible big bounce on candlestick analysis and technical analysis I'm still waiting even if all crypto currency is in red, for me it is just one of the opportunity to enter trade buy, bit I'm careful to see what is fake abd true reverse signal.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
January 17, 2018, 05:22:17 PM
#23
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

Percentage-wise, perhaps this has happened before, but on a real value level, crypto and Bitcoin have never experienced losses this big. Bitcoin's market cap has dropped more than $100 billion since the high, and crypto's combined market cap has dropped more than $300 billion. These losses are unprecedented, even if Bitcoin has experienced larger percentage declines over a period before. The prices were insane before, they're still rather insane. Perhaps this is finally the restoration of a little bit of sanity. It doesn't look like the bubble has popped yet though.
sr. member
Activity: 359
Merit: 250
January 17, 2018, 04:56:10 PM
#22
I think every situation is an opportunity for those who know the market well. But I do not find myself so experienced in the crypto money market. For this reason, I prefer to stop trading and wait patience when prices fall down.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
January 17, 2018, 03:26:40 PM
#21


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?



With the current situation....

If Im aiming for buying then definitely Im currently on trading. I currently still have some coins on my list that is bound to make a buy entry later on.

If Im aiming for selling then obviously Im on idle mode. Right now, after I did some new entry at some cheap coins around a while ago, Im currently having a more time now for other things lol. But still I monitored all my holdings.

Bounce back is bound to happened. So now take advantage of this dip by doing some entry points at some alts that is worth to put a shot while at the same time have a time for ourselves as we don't know when this bloodbath will lasts.
hero member
Activity: 1330
Merit: 569
January 17, 2018, 03:14:56 PM
#20


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?



That is the irony about the life of every player in the crypto world at one hour it seems you are on your way to riches, you start calculating and projecting how richer you would be if the price should just touch this preferred point of price and the next moment you are looking for ways to hide or find something to absorb your losses while all of the dreams you have in the previous scenario is being wiped out in your very own eyes without anything you can do about it.

The truth is inspite all the red galore we are seeing, it still create an opportunity for some people to win at the end but only the courageous and the lion hearted players of the majority can hold that position and that is the reason why any time there are situations like this, a lot of people blame the imaginary whales because they are those that can take the risk which makes them super richer after the whole red is turning blue.
hero member
Activity: 1008
Merit: 510
January 17, 2018, 03:13:32 PM
#19


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 see this as potential buying opportunity. I had not planned to buy any more, but I may buy some Bitcoins or Etherium if it goes any lower than the current price. These are really good deals compared to a month ago. To really get the most for your money, think about stocking up on some coins rather than trading.
full member
Activity: 136
Merit: 100
January 17, 2018, 02:47:11 PM
#18
Best time to buy, now is golden time for invest more money, especially to new ICOs. When whales reinvest their money, will go first to small put promised ICOs and pump them.
hero member
Activity: 1764
Merit: 584
January 17, 2018, 02:37:30 PM
#17
Well in the past when I have been a bit more active, I do pause when bitcoin is in the red along with alts since I "feel" that I would have been able to buy more of those if bitcoin was rising as the alts go down. Well, that was just me, didn't trade much.

This has always happened in the past before. If you look at the graphs from past few years, you can always see a huge price dip in mid January. Right now it the FUD that has spread around causing people to panic and sell off their coins. If you are a long term holder, then don't panic and take advantage of this price drop!

Yeah, when it comes to fiat to btc, it's a great time to buy. Then just hold on to the cheaply-bought btc and then use that to buy falling alts when the btc price goes up.
sr. member
Activity: 434
Merit: 255
Live cams shows pimped with cryptocurrency
January 17, 2018, 02:22:00 PM
#16
You can trade under any circumstances. Now on the contrary very profitable to trade. Look at the size of the jumps now. The price of bitcoin changes to 500-700 dollars every hour. Their main stock of coins I keep in the fridge. But the part that is used by me for trading works. All the profits I continue to keep in bitcoin. I believe that he will bring me luck.
full member
Activity: 252
Merit: 101
Global Risk Exchange - gref.io
January 17, 2018, 02:13:35 PM
#15
Not actively trading too much but adding to my positions that makes sense too and help me average down. May not snipe the coin today but gonna monitor it next day or two to see if I can get a better price prior to a confirmed breakout.
sr. member
Activity: 987
Merit: 289
Blue0x.com
January 17, 2018, 01:56:46 PM
#14


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?



    Well honestly, i really do not worry so much about what is happening right now with the cryptos. Because i think that after all those bug hypes last year, this new episode of the great correction is just right and is very healthy for the crypto world a s a whole since we get to shake off weak hearted noobs from the system. Which by the next rise will come back as experienced amd knowledgeable crypto persons that deserve to be here.

     As for trading, im at a pause right now. Would be too much effort if i trade with these small price dips and ups. As of now, i focus more on studying the altcoins that caught my eye and setting a buy plan for my list.
hero member
Activity: 1918
Merit: 564
January 17, 2018, 12:57:55 PM
#13
I am still trading even red.. I love scalping so it does not matter if it is red or green, I just take advantage of the micro fluctuation regardless of the trend of the coin (red or green).  Price does not goes down in a straight pattern, it still have lots of fluctuation which we take advantage during scalping but it is really risky since once wrong speculation can ruin the buy or sell wall pattern
member
Activity: 224
Merit: 41
January 17, 2018, 12:49:08 PM
#12
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?

Well, isn't it the best time to buy, buy and buy? The whole cryptocurrency is taking a big dive and this does not happen more often so buy more coins/tokens now at a very cheap price. Then just hodl until every coin pumps again. Buy in the dips, right? But buy more when the market crashed.
member
Activity: 294
Merit: 11
January 17, 2018, 11:58:24 AM
#11


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, we can still trade even if the prices are going down. Remember, buy low and sell high so this is the best time to buy and hold until you reached the desired income.
It is normal for the prices to go dip as part of trading. This month of Jan 2018, the price keeps on decreasing but let's wait for the following months on how they will come back to the top.
Don't lose hope if there are some dips or bearish but instead be prepared about what will happen in the future because I believe that the price will rise up by next Feb, 2018. So be patient and wait for the best.
hero member
Activity: 1708
Merit: 541
January 17, 2018, 11:32:29 AM
#10
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 would still be trading if I have the money to do so. Unfortunately, my spare BTC and fiat have been used to shop altcoin a few days before the crash, so here I am, holding sinking alts when BTC also crashed. If I still had some money, technically this could be the perfect time to buy BTC and altcoins. What could be better than buying after a 40% crash? Cheesy
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 17, 2018, 11:30:33 AM
#9


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 has always happened in the past before. If you look at the graphs from past few years, you can always see a huge price dip in mid January. Right now it the FUD that has spread around causing people to panic and sell off their coins. If you are a long term holder, then don't panic and take advantage of this price drop!
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