Tips for when Getting Stuck - page 3.

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: TopT3ns on March 03, 2019, 07:32:07 PM

Quote from: davinchi on March 03, 2019, 11:52:29 AM

Quote from: Rooster101 on February 27, 2019, 12:00:42 AM

I experienced that often when I'm still a beginner in trading and I sold several of the stucked coins before their value go down significantly. I only hold a coin if there is an upcoming event like hardfork, main nets and other positive developments because their prices will certainly go up. Before buying a coin, I often make a research first to find any significant event in the future that can possibly push its price up to avoid being stucked in trading.

But do you keep holding while waiting for such type of events you mentioned in your comment and it never comes, I don’t think it best to keep holding for short traders.

No matter how bad it is, there must be a fluctuation in price a day for that particular day, holding and waiting for such events is good for a long term investors and not day trader and I think the author of this post is a day trader because the post doesn’t portray him as an investor. I day trade a lot and once I see that a price gets stuck too long, I sell and start again.

Traders must know what to do in trading when they get stuck. ANd each trader have their own way to get out from that. Maybe if that man is skilled enough he will think like you but if new trader, especially who don't know about it, they only can hold it.

You should to have an exit plan for that, you can't wait for a period of time that can't be known to holding it right?
You are a trader and you have to take risks to do cutlose, that's what you have to do when you're stuck in certain market conditions..

gantez

full member

Activity: 1736

Merit: 121

Quote from: jrrsparkles on March 05, 2019, 08:03:11 AM

When you can't find the trades for your profit level then you should lover your price

Lowering of price sometimes can actually make you feel bad when you see your adjusted price blowing up or requested for almost immediately Grin

I don't like to have such feeling, I rather close it up for a fresh order.

Aivaryamal

full member

Activity: 1162

Merit: 101

It is best to divide your deposit into several different cryptocurrencies and then the expectation will not be such a debt, but in trading you need patience, and it is always rewarded until the market grows very fast and you can make a profit for a few days

GreatArkansas

legendary

Activity: 2338

Merit: 1354

CoinPoker.com

Quote from: clover12 on February 26, 2019, 12:27:39 PM

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?
DO you hold on and just... wait???

Why you will sell it if that is still not your target? Is your chart invalidated? You should have reasons for selling it before you open your trade position, you need a plan, you will set your target price or stop-loss area. If you were getting stuck, then that you are in loss area, you should always your stop-loss always for that.

Wizking

copper member

Activity: 88

Merit: 1

it depends not all trades situation are same , some may hit target some may not if you are confident in your analysis and positive then wait , or else close the position and search for new trades

waynechong1995

full member

Activity: 644

Merit: 117

swing!

That's prettu normal, in crypto boys always a step ahead of you with fractions and there less volume or selling pressure is on going your order takes time to be fullfilled, if it's volatile still you would have no problem executing your trade, just be a little extra patient. Unless it's a trend the you might need to reorder but that's exactly how trends are slowly strengthen

bisdak40

hero member

Activity: 2072

Merit: 542

Quote from: cydrix on April 08, 2019, 07:12:39 PM

If that coin is reliable enough don't take you money out instead hold it as much as you possibly can.

It only mean that the coin you are investing is promising so if it is the scenario then better hold that and OP should cancel the sell order because what he would get is much higher than that. I've been on that situation before and got frustrated why i sold my coins for a loss instead of just leaving it there and wait for a higher price. Time and patience are big factors on this trade.

cydrix

full member

Activity: 602

Merit: 129

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

If the loss price isn't that much then pull out your money and change to another coin. At least you get to take out your money even though it has some missing money to it at least it didn't go all out i meant you didn't lose it all. The chance of getting a 1% win is high. If that coin is reliable enough don't take you money out instead hold it as much as you possibly can.

lerdo_451

newbie

Activity: 32

Merit: 0

Quote from: ficus_235 on March 12, 2019, 08:53:52 AM

Quote from: lerdo_451 on March 12, 2019, 08:47:18 AM

Quote from: ficus_235 on March 12, 2019, 08:42:06 AM

Did you know that recent Ethereum hardcore didn’t show much changes?

Holy cow! Where did you get info tho?

Here you go:https://t.me/velvetbroker

Thanks a bunch

ficus_235

newbie

Activity: 140

Merit: 0

Quote from: lerdo_451 on March 12, 2019, 08:47:18 AM

Quote from: ficus_235 on March 12, 2019, 08:42:06 AM

Did you know that recent Ethereum hardcore didn’t show much changes?

Holy cow! Where did you get info tho?

Here you go:https://t.me/velvetbroker

lerdo_451

newbie

Activity: 32

Merit: 0

Quote from: ficus_235 on March 12, 2019, 08:42:06 AM

Did you know that recent Ethereum hardcore didn’t show much changes?

Holy cow! Where did you get info tho?

ficus_235

newbie

Activity: 140

Merit: 0

Did you know that recent Ethereum hardcore didn’t show much changes?

mersal

member

Activity: 1204

Merit: 38

I just hold on and wait for sometime to get it connected with the situation and makes the decision after that because if you make the dishes with blind eyes then it will definitely be a problem giving way so I just hold on for some time will be better for me.

redsun114

hero member

Activity: 2590

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: lablab03 on March 02, 2019, 05:16:13 AM

Being stuck is very difficult situation bro but of course for the safety of your funds or capital you should avoid being worried and buil a new strategy instead. Patience is very important also and don't become emotional on it just be brave! keep believing that you can exit on it with profits.

In my opinion, you should not worry at least about this side of business. The cryptocurrency business is extraordinary in the sense that it recovers after staying down for sometimes. So, your attitude towards the fall of the cryrptocurrency should not be chaotic and rather should be a rational one.

If you hodl and wait, you can get the value raised again. Do not follow people who cash out the money when the price starts falling. Do the opposite.

armarsterling7

member

Activity: 420

Merit: 10

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

You should sell them. Because you didn't trust your decision. The wait makes you more anxious and frustrated. Don't let emotions make you change your mind.
When investing, you need assertiveness and take responsibility for your predictions. that is the quality of a successful investor and you need to learn more.

Noa_Amable

full member

Activity: 714

Merit: 100

Quote from: iv4n on March 05, 2019, 06:07:00 AM

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

You placed a trade? Can you say more about your trade? For example what did you buy and with what? At what price did you bought exactly? There is a lot of difference in what should you do if you bought bitcoins and if you bought some token that is very low ranked on coinmarketcap?
Giving advice is not a problem, but you need to be much more specific about your situation, more specific and detailed you are, more chances for you to get some very nice advice. Like this what ever I tell you to do would be idiotic from my side, I don`t know enough and it can easily happen to tell you something wrong, cause I didn`t know everything. It`s like equation x + y = z, more factors you know, more easier you fill find an answer.

fair enough. yes, give us more details

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

This is usual and often we have to face this issue. What we so is, hold back until the value raises up. But if you seem to be loosing so much, its better to stop the loss. Take revenue from another coin. At times we need to ready to bear loses.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

Eloncoin.org - Mars, here we come!

When you can't find the trades for your profit level then you should lover your price based on the buy order on that exchange ir if it is big amount then you can check some other trading exchange for the current price.Or just keep the trade open if you don't want the profits immediately your trade will completed when your coin get that much price.

Slow death

legendary

Activity: 3038

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

let's go back a bit to the past

January 2018

Neo = $150 ( 0.013 BTC )

Today: $8 (

December 20, 2017

BCH = $4000 ( 024 BTC )

Today: = $127 ( 0.0337 BTC )

January 2018

Stratis = $20 ( 0.0013 BTC )

Today: = $0,8

January 2018

Lisk = $38 ( 0.0023 BTC )

Today: = $1,21

You should be very careful with altcoins, if you do trade Bitcoin - USDT so do not forget to use Stop Limit

iv4n

legendary

Activity: 3164

Merit: 1175

Quote from: clover12 on February 26, 2019, 12:27:39 PM

Yesterday I placed a trade and was aiming for just a 1% profit on the trade. I left it hanging and the trade it did not clear... Cry

It's still just sitting there and it is way below my target price. DO you just sell that thing and start over?

DO you hold on and just... wait???

You placed a trade? Can you say more about your trade? For example what did you buy and with what? At what price did you bought exactly? There is a lot of difference in what should you do if you bought bitcoins and if you bought some token that is very low ranked on coinmarketcap?
Giving advice is not a problem, but you need to be much more specific about your situation, more specific and detailed you are, more chances for you to get some very nice advice. Like this what ever I tell you to do would be idiotic from my side, I don`t know enough and it can easily happen to tell you something wrong, cause I didn`t know everything. It`s like equation x + y = z, more factors you know, more easier you fill find an answer.

Topic: Tips for when Getting Stuck - page 3. (Read 18230 times)