Topic: Still Trading When Red? - page 32. (Read 2175 times)
I understand from your point that you're comparing bitcoin with share market, in share market if price goes down also you could earn profit but in crypto market I don't think you can earn profit when price is down, however when you buy crypto when the price is low, it would pump upto X5 times for sure. This pump of X5 would not be earned in any Market or business in few days or month. As suggested by everyone in this forum, advise you to hold your coins now.
This is obviously temporary and will never be the last for all Cryptos. It would be best to wait it out and buy once the market sentiment has changed.
With the current bloodbath in the Market Cap, Buying or Selling through fiat is a no-go, but
Trading Altcoin to Altcoin or Bitcoin to Altcoin is still the same.
Nothing changed but their values versus fiat currency. So I'm still doing this no matter what happens.
What bugling me is Bitcoin might lose a lot after these sellouts by regular investors.
They Sell Alts for Bitcoins then cash-out.
The price might return to what it was last July 2017.
Trading Altcoin to Altcoin or Bitcoin to Altcoin is still the same.
Nothing changed but their values versus fiat currency. So I'm still doing this no matter what happens.
What bugling me is Bitcoin might lose a lot after these sellouts by regular investors.
They Sell Alts for Bitcoins then cash-out.
The price might return to what it was last July 2017.
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 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.
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?
thinking realistically with the price on all crypto for now maybe we should rather wait on the crypto price movement as usual and temporarily do not need to do trading activities. maybe for now the right thing is to put some money out of our own pocket to buy some cryptoes that have good predictions for the future but I think this needs the courage of each other because we will not be able to predict whether things this will last for a while or temporarily. I just recommend doing what you believe.
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.
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.
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?
Jump to: