Author

Topic: TRADE AGAINST THE TREND (Read 648 times)

hero member
Activity: 1134
Merit: 517
January 31, 2019, 05:32:14 PM
#81
This is going to be helpful, no doubt about that. Hut how can we do some of the things you say we should do when we don't even know how to identify them? Example how do we identify good coins? It us not easy to say it. But you can help us here.
To know about good coins you have to know the background of the coin, recent news of the coin, development status of the coin and also one important think you have to gather knowledge of technical analysis.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
January 28, 2019, 12:31:08 AM
#80
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


Your tips of advise was an awesome things dude, this may give a lot of big help to anyone here who are novice and evn for the older member here who are not yet knowledgeable in cryptocurrency. Maybe the only things which I can add on this are don't be greedy or always in hurry to earn here in a short period of time.
I agree with you, that in trading different cryptocurrency we should not be greedy and should look for a long-term earning because we are still on its early adoption on which there are many ups and downs that possibly happen and it can give us a huge profit if we are waiting in a right time to buy and sell it.
sr. member
Activity: 2016
Merit: 283
January 27, 2019, 11:32:42 PM
#79
This is going to be helpful, no doubt about that. Hut how can we do some of the things you say we should do when we don't even know how to identify them? Example how do we identify good coins? It us not easy to say it. But you can help us here.
if you don't know which coin is good to buy then i suggest to make technical analysis in the market or here. However if you would preferred  the most reliable and very promising coin then pick those had a great previous record such eos, neo, including bitcoin to reduced risky situation.
hero member
Activity: 1134
Merit: 517
January 27, 2019, 07:07:44 PM
#78
As it is long bear market I myself cant continue trading here. I have to stay on sideline and will be back once its uptrend. It is my trading style. So, just waiting for the uptrend.
full member
Activity: 476
Merit: 100
January 22, 2019, 02:57:55 PM
#77
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


Your tips of advise was an awesome things dude, this may give a lot of big help to anyone here who are novice and evn for the older member here who are not yet knowledgeable in cryptocurrency. Maybe the only things which I can add on this are don't be greedy or always in hurry to earn here in a short period of time.
sr. member
Activity: 882
Merit: 269
January 22, 2019, 01:13:35 PM
#76
In forex and stocks market there is a saying "the trend is your friend" and that has proven to be right even in binary options and others financial markets. Trading against the trend is not the right ways to trade and makes profits.  The trend should always been see as your friend and directions in trading.
hero member
Activity: 1246
Merit: 529
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January 22, 2019, 12:50:59 PM
#75
In 2019 - 2021, does bitcoin price continue to decline? I have not prepared in the form of real money, all stuck in a lot of coins. At least at the end of the year there will be a change in market value.

How did you know there'll be a change in market value by year's end? For all we know, the bear market may become stagnant. Trading itself is not really profitable during these accumulation times.q
full member
Activity: 546
Merit: 100
January 21, 2019, 04:36:05 AM
#74
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.



Unfortunately, I was not really prepared for this long bear period that still continues in 2019. I has sold already all of my entire portfolio so I just can continue doing bounties and trading without having a regular job. The cash might be just enough to support me in one year so I hope the time is enough to bring the market back.
full member
Activity: 574
Merit: 102
https://adonx.one
January 21, 2019, 03:46:08 AM
#73
Price action of Crypto is unpredictable with high fluctuacion, so the most important thing to avoid loss and to make profit is by use stop loss. And when we make good profit, use that profit to buy others asset that less risk like real estate or gold.
sr. member
Activity: 756
Merit: 250
October 25, 2018, 06:41:01 AM
#72
In 2019 - 2021, does bitcoin price continue to decline? I have not prepared in the form of real money, all stuck in a lot of coins. At least at the end of the year there will be a change in market value.
sr. member
Activity: 896
Merit: 253
October 17, 2018, 10:21:53 AM
#71
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


Yes, I can really trade with different kinds of trends, but you have to be very careful with those kind of trades because it might give you wrong trades at any time.
newbie
Activity: 70
Merit: 0
October 17, 2018, 09:48:29 AM
#70
trend is  your friend is not true in all case against trend trading is also good but v must be careful  with our sl
sr. member
Activity: 532
Merit: 250
October 17, 2018, 09:09:19 AM
#69
Trading against the trend is also called shorting , in the stock market it is also known as stock shorting , to go against the trend and sometimes it pays off since you get all of the money of the people who want it but it's a high risk game so your predictions must be strong, 
Im not knowledgeable with stock market and i do not do trade against with the market. I am following it and taking shorts also with that its not against either you make swing trade or hodler after buying my humble opinion only.
as i know , trading against the trend was very dangerous.this is like catching falling knife, it could make us hurt.and the same condition if open buy position in strong bearish trend.
sr. member
Activity: 1036
Merit: 332
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October 17, 2018, 08:47:08 AM
#68
Buying on red and selling on green could easily land you handling a shit load of bags if you're not careful with your choices. The main thing is your choice in token or coin, if it has a strong background to it and has a genuine reason to appreciate in value some time in the future, buy whenever you think it is undervalued, even if it is at its all time high (if you're playing the long game).
sr. member
Activity: 448
Merit: 281
October 17, 2018, 08:38:45 AM
#67
Iam doing day trading and use technical analysis to determine support and resistance and to predict the trend of crypto. To make easy to determine the trend i was use Heiken Ashi candle, this candle look give more accurate signal to predict the trend of market. To make profit consistently month by month we should be trade not only in crypto asset but also in others asset like stocks or commodities, because all crypto was follow the price action of BTC, when BTC uptrend or downtrend and then all altcoin will follow it, so we can not make profit on downtrend of crypto and we should be trade on other asset.
Heiken Ashi is actually an easy way to usually spot a trading trend and be able to deal with it accordingly. One thing with every market is that there would always be a trend and how you trade it depends on how you are able to identify the changes which is one of the reasons why as a trader, trend should always be your best friend. However, this is something that can only be easily done with knowledge. It sounds pretty easy in paper but in reality, you have to get conversant with your strategy, build on it, fine tune it and keep getting better to make market trend decisions.

that should be the easiest way to trade for beginners. buy low and sell high.works every time regardless of any market, stocks, commodity, real estate, currency even in crypto. you just have to know when is the lowest and when is the highest. timing is everything here.
Trading trends is not just only for beginners but this is something that is a general thing to know and be able to use to take advantage of the market fluctuations and it is what has been used by professional traders over the years. Generally, the basic of trading the market is to identify trend patterns and be able to make decisions based on those patterns. This is one thing that would help you come up with a good strategy when it comes to trading the market generally or whichever time frame you are trading. If you do not understand trend patterns and reversal, then you are not even close to being able to trade at all.
jr. member
Activity: 252
Merit: 1
October 17, 2018, 04:13:19 AM
#66
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


that should be the easiest way to trade for beginners. buy low and sell high.works every time regardless of any market, stocks, commodity, real estate, currency even in crypto. you just have to know when is the lowest and when is the highest. timing is everything here.
full member
Activity: 644
Merit: 101
October 16, 2018, 09:49:24 PM
#65
Iam doing day trading and use technical analysis to determine support and resistance and to predict the trend of crypto. To make easy to determine the trend i was use Heiken Ashi candle, this candle look give more accurate signal to predict the trend of market. To make profit consistently month by month we should be trade not only in crypto asset but also in others asset like stocks or commodities, because all crypto was follow the price action of BTC, when BTC uptrend or downtrend and then all altcoin will follow it, so we can not make profit on downtrend of crypto and we should be trade on other asset.
hero member
Activity: 728
Merit: 501
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July 27, 2018, 08:01:26 PM
#64
Trading against the trend is also called shorting , in the stock market it is also known as stock shorting , to go against the trend and sometimes it pays off since you get all of the money of the people who want it but it's a high risk game so your predictions must be strong, 
Im not knowledgeable with stock market and i do not do trade against with the market. I am following it and taking shorts also with that its not against either you make swing trade or hodler after buying my humble opinion only.
full member
Activity: 420
Merit: 100
July 27, 2018, 07:08:35 PM
#63
Trading against the trend is also called shorting , in the stock market it is also known as stock shorting , to go against the trend and sometimes it pays off since you get all of the money of the people who want it but it's a high risk game so your predictions must be strong, 
member
Activity: 302
Merit: 10
July 24, 2018, 03:47:52 AM
#62
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

I believe you can not trade successfully when trading is not following the trend, there is a rule that the market is always right, if you trade the opposite will only lead to failure and loss. The market at the moment is showing signs of recovery but can see that the price of altcoin is dropping so strongly I think you should only deal altcoin to be able to minimize the risk.
jr. member
Activity: 420
Merit: 1
July 24, 2018, 02:46:19 AM
#61
1.How to define and what does good altcoyne mean? For someone good and for someone bad. 2. Each trader should have his own strategy of investing and trading, and therefore his own rules that he has invented himself. 3.Why did you take from 2019-2021 there could be a great crisis? You can say the crisis is already in the process. The crisis should always be ready, namely, to keep free money for investment.
hero member
Activity: 1274
Merit: 516
July 24, 2018, 01:47:06 AM
#60
I somehow don't agree with only trade in one pair, there are tons of alt coin that can be used for trade and each of them got the potential to make profit, you should learn more about it and then you will be able to make profit with various choice, and the strategy of buying on red and selling on green is a correct startegy, but not all of the times its working, some of the coin got a lot of down and unable to reach the peak price again, so its not as simple as it sound
newbie
Activity: 12
Merit: 0
July 23, 2018, 11:54:06 PM
#59
My greatest error with which despite everything I have issue is being more afraid not to procure than to free. I mean than im more terrified of miss great opportunity than complete a waste exchange. That is the reason again and again I go for broke. That is my debilitated nature with which i'm battling every day saying to myself "Wrong contributed cash gains not exactly not contributed." It is imperative to be quiet. There will be many openings. Regardless of whether we miss half pump or offer with 5% rather than 30% benefit its still benefit.
full member
Activity: 448
Merit: 100
July 23, 2018, 10:07:26 PM
#58
Maybe it is really easy said than done. It's hard to guess on what is the real bottom price on the altcoin that you want to buy. Imagine that you bought on the reds and the altcoin was on its really low value based on its chart history but you get shocked after a few days because it dwindled much more.
jr. member
Activity: 168
Merit: 2
July 23, 2018, 09:56:44 PM
#57
Essentially, when taking trades in the direction of the trend, the trader has the momentum, the “push” of the market behind them. When trading countertrend there is less momentum favoring that direction and trend can kick back in at any time negating the profits which may have been gained trading against the trend
sr. member
Activity: 686
Merit: 260
July 23, 2018, 09:43:14 PM
#56
I disagree about the number of coins. A lot of very successful traders in the field are highly diversified (like 20+ coins)
You have to know that everyone has a different story and success that is resulted from their stratedgy. I already saw and talk with some successful traders and most of them have no 20+ coins neither. Therefore its in anyone's style of trading as long as he can make profits on it.
legendary
Activity: 2506
Merit: 1394
July 23, 2018, 09:26:43 PM
#55
But is that strategy dangerous?
I don't think that strategy is dangerous, because that strategy will help you to be more knowledgeable on crypto, specially on identifying good cryptos, by that, you can identify where to invest or where to put your money. It is really helpful at all.
full member
Activity: 280
Merit: 100
July 23, 2018, 06:07:52 PM
#54
I disagree about the number of coins. A lot of very successful traders in the field are highly diversified (like 20+ coins)
legendary
Activity: 3094
Merit: 1127
July 19, 2018, 10:04:09 AM
#53
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

Really? What will happen on 2019-2021? I do not have any idea about it. Well, I better to save my money right now because I do not know what happens next year but I am hoping that you are not spreading a FUD news.

Back to the trading, is it harmful to reverse the trend line? However, I agree to your opinion about buy on red and sell on green. Later on, I will try to make profits in exchange. As of now, I do not have enough capital to start.
Maybe he do have the crystal ball which he can able to predict or know on what would happen into those years. Those points being mentioned are just basic ones and must really be done by a certain investor or trader.
Buy on red and Sell on green wont really be that simple because there would really be lots of factors before you do such decisions. For a newbie trader which trading against the trend would really be dangerous but for short traders no matter which trend they can suit out and adjust.
newbie
Activity: 51
Merit: 0
July 19, 2018, 09:47:01 AM
#52
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

In general, you say the right things
But your explanation is not completely true
1.Everyone who wants to trade must understand that this is a great job
2.It is not enough to observe trends, you must learn to find the patterns of price movement
3.Crypto-currency markets are very changeable, if you start, trade only very liquid instruments (with the largest capitalization)
4.Always use a stop loss, as these markets are not controlled, the coin can fly very quickly to the bottom. And you will lose all your money
5.After you have found patterns, create a clear algorithm of actions. Before you risk real money, make a backtest for yourself, look at the available history of the trading instrument as all the entries that were in accordance with your patern
6.Learn to use mani management and risk management, it's a long time to explain, google it
7.Begin with small trading positions, you must psychologically get used to the fact that you can lose money
8.And ONLY after that start trading
Concerning the search for materials for creating strategies, look for material in the communities of traders, for example: http://www.insiderport.com/ Or find something that suits you
member
Activity: 546
Merit: 10
July 19, 2018, 09:14:28 AM
#51
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

Really? What will happen on 2019-2021? I do not have any idea about it. Well, I better to save my money right now because I do not know what happens next year but I am hoping that you are not spreading a FUD news.

Back to the trading, is it harmful to reverse the trend line? However, I agree to your opinion about buy on red and sell on green. Later on, I will try to make profits in exchange. As of now, I do not have enough capital to start.
newbie
Activity: 131
Merit: 0
July 19, 2018, 09:01:53 AM
#50
thaks for share,but you buy on red and sell on green but when you buy on red but the market continues fall down,you chosen wrong the time to buy,how will you do? i don't see method cutloss,when you trading days imprtance you have to know when you cutloss,with me i will invest long time
newbie
Activity: 56
Merit: 0
July 19, 2018, 08:50:08 AM
#49
Most of the people in the market are only there because the cryptocurrency is one of those platforms where you do not need much analytical power and the short-term profit is much greater so  just focus  on getting rich fast, in that case, it's possible to make money this way
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 29, 2018, 06:45:02 AM
#48
There are two things in your post. I doubt your talking. Actually, are you positive or negative in crypto? 1 to 3 is okay, but double 3 number is not okay with me. However, overall the result of your talking from 1 to 3 that Trend is always a friend. So we should follow the trend.
full member
Activity: 165
Merit: 100
June 29, 2018, 05:26:07 AM
#47
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


How you can predict That in point no. 3. World will face Crisis. You want to say ? That We buy crypto now at junk price and Sell in 2019-2021 year when price will jump in market and we can use that funds to buy Real estate.. Seems You have been mis guided by someone
People makes different predictions about price of bitcoin no one clearly knows what will be the situation in 2019-21. But many expert traders are saying hope fully the price of bitcoin will rise too high at the end of this year and 2019 is going to be the year of bitcoin, we are following the expert suggestions, so I think we should trade long till 2019-21.
legendary
Activity: 2982
Merit: 1028
June 26, 2018, 12:30:26 PM
#46
At present the market has started to recover and trading against the trend will be like a putting the hand in dirt as you will end up in a loss itself when the market seems ro move away from bearish to bullish. I would not be recommending and doing it.

We still need to consider factors that are affecting this action, the recovery seems to be not that much, makings some uptrend is not good enough to say that it will not be against the trend but there's also possibilities that its just another trapped that whales created for investors to believe that its now the beginning of bullish market and more green to expect, we should always need to consider that two things can happen, rise to the moon of fall down to the dip, better to make a wise decision.
member
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
June 26, 2018, 12:18:48 PM
#45
At present the market has started to recover and trading against the trend will be like a putting the hand in dirt as you will end up in a loss itself when the market seems ro move away from bearish to bullish. I would not be recommending and doing it.
jr. member
Activity: 168
Merit: 3
June 26, 2018, 12:17:06 PM
#44
Oпacнo тopгoвaть пpoтив тpeндa.Moжнo дeпoзит пoтepять
legendary
Activity: 2492
Merit: 1232
June 26, 2018, 11:50:12 AM
#43
Snip-
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

How did you know that there is the great crisis on that year you have said, you are a prophet? lol.
Well, much better to be prepared and hold more crypto while it is a junk price in the market and hold for a long term that you want.

I stock more altcoins in my portfolio for urgent need near in the future and it is intended to hold longer time until I need financial support.

legendary
Activity: 1190
Merit: 1001
June 26, 2018, 10:06:46 AM
#42
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


How you can predict That in point no. 3. World will face Crisis. You want to say ? That We buy crypto now at junk price and Sell in 2019-2021 year when price will jump in market and we can use that funds to buy Real estate.. Seems You have been mis guided by someone
sr. member
Activity: 672
Merit: 251
June 26, 2018, 09:33:32 AM
#41
With the trend right now, it's not easy to trade. It's really really hard for us to trade. The market is unstable and the market is currently falling. In fact all of my trades are down.
legendary
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June 26, 2018, 09:29:06 AM
#40
Why do you say we will have a big crisis between 2019 and 2021? That seems very specific and although the real estate is getting overpriced again, I don't think it will return to a bubble soon, because that was the reason for the last economic crash, and it would be strange to be the reason for the new one. There are some economic wars happening between United States, and Europe/China/Japan, so maybe something bad will come out of this, but I'm not sure it will happen already in 2019. If it does, I would say it's a good time to buy cryptocurrencies, because they were created during a crisis, and now can be used as an escape plan for the next one.
legendary
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June 26, 2018, 09:14:26 AM
#39
It sounds so obvious but when people are down in the trenches very, very few can actually recognise and execute it.

That's why one should only stick to events. It will significantly increase the odds of your trades being profitable.

Last year we had the future markets, buy the rumor, sell the news. Worked perfect.

This year we had the consensus event, buy the rumor, sell the news. Worked perfect.

Right now there is nothing of that, which makes it a less desirable 'method' to work with, so people shouldn't be going against the sentiment. At this point it would solely be a gamble.

There is no need to rush things. Just patiently wait for the opportunity and it will pay out. The worst thing people can do is trade against current market. It's like a suicide mission.
legendary
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June 26, 2018, 09:10:49 AM
#38

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.

I also agree with your opinion. always we need to focus on usdt. means how much usdt you invested and how much usdt you earn from it. And obviously we need more knowledge about crypto trend. "when btc will down and alt also down.' "when btc down but altcoin up?" "when btc up also alt up" "when btc up but altcoin down"  we need to generate this time correctly then you would not be loss your money by trading.
legendary
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Welt Am Draht
June 26, 2018, 08:54:30 AM
#37
Yup. Sell into confidence. Buy into fear.

It sounds so obvious but when people are down in the trenches very, very few can actually recognise and execute it.

And of course you could still get catastrophically wrong. You could've sold when it first crossed $1000 again expecting a rapid decline after the excitement had passed, then where would you be?
full member
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June 26, 2018, 08:50:33 AM
#36
Very helpful post specially for investors like me who are only new in crypto trading and have limited knowledge in trading analysis tjis may serve as our guide when and how to deal when market is bullish or bearish like what we are currently experiencing.
full member
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June 26, 2018, 08:01:32 AM
#35
This sounds very confident and compelling, so it causes me to make my own resources, and if you are right, then I need to be prepared anyway to that crysis.
full member
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June 25, 2018, 08:42:29 PM
#34
Trading is a very profitable direction, but few people know how to make a profit on it! Platform Trade.io will give the opportunity to earn both beginners and experienced trader, using the experience and knowledge of other professionals, and this information will be proven and reliable!
newbie
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June 25, 2018, 08:32:16 PM
#33
Trading is a global trend in the world economy, if you want to trade you should have specific plans that have strategies as well as more specific steps to get a better deal.
hero member
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June 25, 2018, 08:09:13 PM
#32
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

I think that at all times we can not fight the market, you have to know that the market is always right and that is the rule of the game, you have to be clever and select the market to be able to trade , can not fight the market. Without a proper plan and strategy, I believe you will lose a lot of money when bitcoins continue to fall.

Of course we can't really fight the market and as much as we want to be always on our favour, it will not the case. Most of the time is against us, thats why we need to be clever on how to win against it. Right now the bear market has been taking over, so its either get out or do day trading. Always buy low and sell high, but its easier said than done. Sometimes you need to be in the perfect spot to get the coins cheap and sell them when the price exploded. But cool tips anyways.
member
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June 25, 2018, 06:30:26 PM
#31
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

I think that at all times we can not fight the market, you have to know that the market is always right and that is the rule of the game, you have to be clever and select the market to be able to trade , can not fight the market. Without a proper plan and strategy, I believe you will lose a lot of money when bitcoins continue to fall.
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https://hovr.site/
June 25, 2018, 03:52:52 PM
#30
Time of crisis 2019-2020 man how can you expand these statement its kinda confusing and not complete
newbie
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June 25, 2018, 02:25:56 PM
#29
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


This seem like a valuable advice. But can you analyse your speculation about 2019 being a crisis year. By 2019 cryptocurrency should have gotten wider adoption and acceptance by many and should have fairer trading waves. Tell us why the view point on impending crisis.
newbie
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June 07, 2018, 03:18:24 PM
#28
Why make FUD statement that one should prepare for crises in 2019? I think that is your taught and has no factual base. Be optimistic about crypto and hope for good. If you believe in cryptocurrency you won't trade against the trend
hero member
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June 07, 2018, 02:46:30 PM
#27
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
I agree that the fewer the coins a trader is following, the more focused and up-to-date he stays - no need trying to be jack of all coins and master of none. The are many coins out there, but I suppose the choice of USDT here, must be because of its relative stability and especially the hedging opportunities it provides, when the market start spinning on its head and which it does quite often.

Btw OP, I don't see how the points highlighted are linked with the topic!

sr. member
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June 07, 2018, 01:04:38 PM
#26
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.

Somehow I think the 1 and 2 are conflicting. 1 pair then 1-5 cryptos.
You means USD - Ethereum or USD - Qtum for example?
All can be traded only in one kind of currency? Kind of low profit for me. The problem now is bitcoin is pulling everything so that means when you go BTC - altcoin then there is a possibility for doubling the profit or it will just be the same value.
Number 3 is just a  normal rule. Buy red, sell green.
Number 3 again on the lower part, do you have some evidence about the crisis that will happen or is it just speculation?
Real estate investing. Done.

legendary
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June 07, 2018, 12:38:26 PM
#25
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


1. People have different preferences about it. If you find yourself comfortable that way and it brings you good result, then just continue. But also take time to study well how to reached the most advanced method out of it.

2. Again if you found yourself comfortable doing that way and it leads you into good result, just continue.

3. BUY LOW SELL HIGH system is easy to say but others didn't properly executed it. Why? Reasons are vary so people have to think of their own way how to deal on that properly.

4. No one knows what will happened to future. It's good to be prepared for a worst case scenario but for when it will happened, no one knows. Just have a set of strategy how will you deal on it if ever that will came. Thats your thinking so deal with it.
legendary
Activity: 2982
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June 07, 2018, 12:26:42 PM
#24
Great catch, this strategy works some time now, as the flow of fluctuations really gives opportunities to those who can take the risk and buy some good coins while the value is dumping,  knowing how to read and understand what can the possible outcome of your investment will really helps you to assess
well, we do seen a lots of investors and traders doing the same, they are buying when the bear runs so fast and wait for the bull to bounce back and recover plus the additional height as much as possible, learn from the previous movements better to do some good research.
legendary
Activity: 3066
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The revolution will be monetized!
June 07, 2018, 11:55:54 AM
#23
I am also a counter-marketeer. Spend into a rally, buy into a bear market. That is how you profit. You are going to be far less successful following the crowd and asking people what they think.

P.S. This is also how I make money in other markets like stocks, real estate, etc.
hero member
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June 07, 2018, 11:51:31 AM
#22
I find your words true and suits really well for aspiring trades for I had experience the same and following these same procedures as yours. I just wonder why would you say

great crisis that may happen during 2019-2021

What are your basis? Aside from the real topic, Im really curious about this one  Grin
Similar question to have on my mind on where he do get that thing about that great crisis. What his basis? Does he comes from the future? lol. Things mentioned above are standard ones and about the topic title trading against with the trend is just like suicide which it do likes you are going face to face with waves which will eventually the cause of your loss. Opposite thing should really always need to target, go with the trend and ride with it for you to make profits.
sr. member
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June 07, 2018, 11:48:25 AM
#21
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.


Does this third point mean a hodl? Are you saying that at this time that the crypto market will explode for greens and hodlers will benefit massively?

Its ok for short term trades. When you are daytrading. Catch when something is oversold and sell when it rebounce few %......

You just mentioned when market is oversold.... But it is still very risky because market can stay oversold for more than even a month, dragging people to avoidable loss.
newbie
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June 07, 2018, 11:21:53 AM
#20
It is important to be calm. There will be dozens of opportunities.  Even if we miss 50% pump or sell with 5% istead of 30% profit its still profit. Also after 1 red day there can be few next. Grabing coins after first red day with high capital is not the best option.

It's hard to keep your cool when you see an opportunity. You're right, even 1% profit is still a profit but you get lost chasing that 50%-100% profit from a single trade.
And of course you should always wait for prices to drop a decent amount before you start buying.
full member
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June 07, 2018, 11:14:08 AM
#19
This is a good advice but you forgot something to include, they should be mentally and emotionally prepared for whatever downfalls the cryptos their are trading faced.
Even if they do all those advice you stated if they will get easily swayed by baseless FUDs then it will outweigh the things they learned so far and thus will sell on a red market to prevent even more loss.
sr. member
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June 07, 2018, 11:01:13 AM
#18
Thank you for sharing your experiences but the only advice which is the best to me can be don't trade but hold, it is hard to survive by trading in a crisis
really, trading in a crisis like this is indeed very risky especially if it's in the short term. I choose to hold and wait. hopefully this option will bring me to the advantage.
legendary
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June 07, 2018, 10:50:01 AM
#17
I would never recommend anybody to trade against a trend. I know that there is a strategy which are applicable to trade against a main trend but it is a very difficult strategy and to use it you need to be a skilled trader.
I have focused my trading strategy on investing in a long term main trend without catching retracements and playing versus main trend.

Yes your writing and advise is very nice. Trading against the trend is called negative trade. How can someone be comfortable to trade against the market. I only hear that in the swimming terms for those in "diving school as swimming against the waves"  Grin . In the crypto market, this is as risky as not doing the right thing at the right time; although, I hear people do that but I wouldn't.

Its ok for short term trades. When you are daytrading. Catch when something is oversold and sell when it rebounce few % in next 10 min. Its interesting strategy becouse in best scenario you can catch bottom of the downtrend before it change to uptrend. I mean exact bottom. Its cool. Sometimes happend but mostly i sell as alwais with few% and watch how my sold alt is growing Smiley Catching is one thing and changing thinking to bull in the same moment is second step in this best scenario.
sr. member
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June 07, 2018, 10:34:54 AM
#16
I would never recommend anybody to trade against a trend. I know that there is a strategy which are applicable to trade against a main trend but it is a very difficult strategy and to use it you need to be a skilled trader.
I have focused my trading strategy on investing in a long term main trend without catching retracements and playing versus main trend.

Yes your writing and advise is very nice. Trading against the trend is called negative trade. How can someone be comfortable to trade against the market. I only hear that in the swimming terms for those in "diving school as swimming against the waves"  Grin . In the crypto market, this is as risky as not doing the right thing at the right time; although, I hear people do that but I wouldn't.
member
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June 07, 2018, 10:32:56 AM
#15
Basically you want to do the opposite of what the crowd is doing.  While everyone is buying you should be selling and Vice versa.  Never ride the train too long and get greedy , thats how yo uget rekt.
jr. member
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June 07, 2018, 10:07:19 AM
#14
I would never recommend anybody to trade against a trend. I know that there is a strategy which are applicable to trade against a main trend but it is a very difficult strategy and to use it you need to be a skilled trader.
I have focused my trading strategy on investing in a long term main trend without catching retracements and playing versus main trend.
sr. member
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June 07, 2018, 09:34:17 AM
#13
I think your strategy is very very limiting one and may be thats giving it full safety and security of trading. However in the crypto trades if we have to be very profitable then we have to keep changing our crypto currency portfolio all the time. I mean if there are new altcoins are coming in the market and they are far better than the current portfolio list then its better to get rid of the previous one and then convert them into the current new trends. This gives us some extra X's and thus we can keep rising our portfolio in this fashion all the time.
legendary
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June 07, 2018, 09:23:39 AM
#12
Thanks for the tips but I would like to inquire about the following:

1. Trade only 1 pair of currency: usdt and altcoin
1. did you mean "USDT  ----> Tether"? Perhaps this is the worst type of choice, It’s better to invest in currencies with a goal or benefit in the future.

3. BUY ON RED- SELL ON GREEN.
3. This is the dream of every trader, but the adoption of the price only in the decision to buy and sell will lead to the loss.

4. Prepare yourself for the great crisis that may happen during 2019-2021.
4. No one can predict the future but this is the first time that I hear about such a "crisis", can you explain more.
full member
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June 07, 2018, 09:07:01 AM
#11
I find your words true and suits really well for aspiring trades for I had experience the same and following these same procedures as yours. I just wonder why would you say

great crisis that may happen during 2019-2021

What are your basis? Aside from the real topic, Im really curious about this one  Grin
full member
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June 07, 2018, 08:32:19 AM
#10
Thank you for sharing your experiences but the only advice which is the best to me can be don't trade but hold, it is hard to survive by trading in a crisis
jr. member
Activity: 128
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June 07, 2018, 08:15:58 AM
#9
They are good tips from OP, however the tips are common in trading such as buy in RED (low price) and sell in GREEN (higher price/up trend). There is also a risk management by spending around 30% of our owned fund, I hope to find tips for trading against trend since it is uncommon. Perhaps what you purposed is aforesaid, buy in RED and sell in GREEN as if in reverse condition is not recommended otherwise it will be no profit.
legendary
Activity: 2156
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June 07, 2018, 06:49:41 AM
#8
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.



My biggest mistake with which i still have problem is beeing more affreid not to earn than to loose. I mean than im more scared of miss good oportunity than do a waste trade.
Thats why too often i take too big risk. Thats my sick nature with which im fighting each day saying to myself "Wrong invested money earns less than not invested."

It is important to be calm. There will be dozens of opportunities.  Even if we miss 50% pump or sell with 5% istead of 30% profit its still profit. Also after 1 red day there can be few next. Grabing coins after first red day with high capital is not the best option.
member
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June 07, 2018, 05:10:29 AM
#7
This seems incredibly risky. Id love to learn more about it tho as id like to apply into my daily trading.
jr. member
Activity: 40
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June 07, 2018, 04:33:50 AM
#6
But is that strategy dangerous?
This is the article be share. I think that's a pretty effective way to trade. Because it's a trade that goes against the trend, I recommend it.
jr. member
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June 07, 2018, 04:31:20 AM
#5
Good article, too. Thank you.
newbie
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June 07, 2018, 04:28:14 AM
#4
But is that strategy dangerous?
newbie
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June 07, 2018, 04:27:44 AM
#3
That's great. Thanks for your sharing.
sr. member
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June 05, 2018, 11:29:11 PM
#2
This is going to be helpful, no doubt about that. Hut how can we do some of the things you say we should do when we don't even know how to identify them? Example how do we identify good coins? It us not easy to say it. But you can help us here.
jr. member
Activity: 40
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June 05, 2018, 11:19:41 PM
#1
I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart  some tips for beginners or amateur traders:

1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only  (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.
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