Topic: Two basic things that can give you an advantage (Read 798 times)
Become too emotional you may lose the opportunity to buy in the crypto market it is better to choose Bitcoin from the top coins even if you have bad news about this currency if you keep your mind fixed and hold it is possible to make more profit from the coins at the top. One last basic thing to understand is that traders don't just use their math skills experienced traders know that such a huge market needs more to make money they can include it to help in market analysis to choose the right asset for the right time.
Remaining calm is always the best thing you can do. The past has told us that most people who haven't sold their coins have made decent profits by just holding onto them.
I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
Yes that is true. Because panic selling is mostly the reason of losing better opportunity. But there comes a time that dump took a long time so its difficult to remain calm so I think we also need to have patience. By realizing what happened in the past that holding is better, holding will not be possible if we do not have patience.I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
I also agree to buy bitcoins as well as eth rather other coins in top 10 because we can't tell some coins in top 10, do not remains in top 10 so its price may be difficult to recover.
Well if we look at it, the fact that there is panic is one of the strategies that have always been used in speculative markets, there are certain emotions for everything, and since the 1800-1900s there have always been these emotions given or unfounded by News, or events that arouse many feelings, is currently different but they resemble those realities, that is why many strategies of those times still remain intact but with current tools such as social networks, news, among others. Although diversifying is a great option, you should not leave everything in crypto, it is good to have investments in real estate, gold, stock market.
Remaining calm is always the best thing you can do. The past has told us that most people who haven't sold their coins have made decent profits by just holding onto them.
I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
Yes that is true. Because panic selling is mostly the reason of losing better opportunity. But there comes a time that dump took a long time so its difficult to remain calm so I think we also need to have patience. By realizing what happened in the past that holding is better, holding will not be possible if we do not have patience.I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
I also agree to buy bitcoins as well as eth rather other coins in top 10 because we can't tell some coins in top 10, do not remains in top 10 so its price may be difficult to recover.
And now, if people will look at the price of bitcoin, guess, a lot are regretting that they haven't bought when it declined to 30k.
They are getting more than doubled its profit with the current price. I believe this rise is also owed to the approval of bitcoin ETF by SEC.
https://www.coindesk.com/policy/2021/10/15/sec-approves-bitcoin-etf-opening-crypto-to-wider-investor-base/
After many years of discussion about this, finally SEC approved the first ever bitcoin ETF.
Remaining calm is always the best thing you can do. The past has told us that most people who haven't sold their coins have made decent profits by just holding onto them.
I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
Yes that is true. Because panic selling is mostly the reason of losing better opportunity. But there comes a time that dump took a long time so its difficult to remain calm so I think we also need to have patience. By realizing what happened in the past that holding is better, holding will not be possible if we do not have patience.I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
I also agree to buy bitcoins as well as eth rather other coins in top 10 because we can't tell some coins in top 10, do not remains in top 10 so its price may be difficult to recover.
This is quite true but somewhat difficult to achieve, it's really difficult for some persons to stay calm and collected during huge loses, especially the newbies who are not really conversant with the market.
They rule of Trading however is to purchase more coins when there's a dip and when there's a rise, you're expected to just enjoy the flow though some persons fall into FUMO, and when that happens, you're most likely to fall into loses....
They rule of Trading however is to purchase more coins when there's a dip and when there's a rise, you're expected to just enjoy the flow though some persons fall into FUMO, and when that happens, you're most likely to fall into loses....
Buying at the dip is definitely a basic thing to do. So while others are panic selling due to losses because they have bought those coins when the price was still high, then we should start taking advantage too by buying potential coins while they are still in bargain. And when the market suddenly crash and see the prices falling, just keep your patience and faith strong. You'll eventually lose when you think of selling your coins. Just keep holding them because after every dump, there's always a new hope that the prices will eventually pump again.
Honestly it is not "that" simple. The basic part is to buy when it is low, the hard part is to find the bottom. If the price goes down more than 10% then you know you should buy, and more often than not you will be making a lot of profit. However, when we are talking about bottom, that changes things. You can't just make a profit from the bottom anytime you want, you will need to end up buying at higher than bottom most of the time.So the price drops, you buy it, then it drops some more. This is why there is a thing called DCA, you could buy now and can keep on buying more and more, which would be fine but at the end of the day you will have to run out of money, yet it is still a lower average than going all-in. That has been the way I have been investing more than a few years now and I am quite happy with the results, it has helped me a ton.
Staying calm while we are having bad times is really hard for new investors especially. Because they are usually prone to panic-sell and be in an even bigger loss considering the long-term. And this kind of investors kill the market also. Because the demand is the most important thing for this market. If suddenly people start selling huge amount of coins, coin prices start having difficulty in staying at the current resistance level and the price starts going down more.
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
Right, this is a very good strategy for all traders and basically, it will help small traders so we can follow it. when can get a bad news instant we have to convert USDT and when repair it then we have to invest again very good idea i appicate it. 
Yea bitcoin already made a new ATH this year, cant wait for another ATH next year or in 2023. Since many people now trust bitcoin as their long term investment a lot people hold their bitcoin and believe it someday it will reach 100K$ each. I'm hope everyone already got their bag before missing the opportunity 
for now I'm pretty sure that $64k is not the highest price for bitcoin this year. currently the bitcoin price is in the range of $56k and that means the bitcoin price has a price difference of less than $10k from the previous high. the time to the end of the year is still quite long, if this positive trend continues of course bitcoin will be able to reach new ATH before 2021 ends. 
I agree with you.
By remain calm in any condition you found yourself in the market will really make you to know the right direction to make a good profits. Whenever investors are rushing to buy coins don't rush with them, but all you need to do is to be calm with the price of that particular coin in the market. Those investors that remained calm few months ago when the price of bitcoin was decreasing to $43k not to sell than to hold, before it now increase to$50k few weeks ago that help them to make a massive income from their investment.
Buy coins when the price is low is a good opportunity to every investors not to miss any profit in the areas of investment to enable them to achieve a good profits at the end of their investment. And also sell your coins when the price increase in the market will enable you to make a suitable profit from the market.
It is already proven by everyone that whenever there is a price drop, we should stay patient and calm. There's always a dump market after every pump. And its a big no to panic selling because that will be the time that you'll start losing. Instead, take advantage with the present scenario by buying bitcoin and other potential coins that you can add to your portfolio because we really don't know if by tomorrow, there will be a positive news that will create a significant pump in the market so the market condition will definitely change. And always keep in mind, always invest on the amount you can afford t lose as its the best way to play safe from sudden losses. By remain calm in any condition you found yourself in the market will really make you to know the right direction to make a good profits. Whenever investors are rushing to buy coins don't rush with them, but all you need to do is to be calm with the price of that particular coin in the market. Those investors that remained calm few months ago when the price of bitcoin was decreasing to $43k not to sell than to hold, before it now increase to$50k few weeks ago that help them to make a massive income from their investment.
Buy coins when the price is low is a good opportunity to every investors not to miss any profit in the areas of investment to enable them to achieve a good profits at the end of their investment. And also sell your coins when the price increase in the market will enable you to make a suitable profit from the market.
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
Well it's true though it's need time to recover like year 2017 when bitcoin touch 20k and suddenly falls so hard and made many people panic, but now I saw people already learn from the past when bitcoin price fell because there's bad news about bitcoin but many people buying a lot when the price around 40k and made it a strong resistance. Keep calm and Hodl
Yea bitcoin already made a new ATH this year, cant wait for another ATH next year or in 2023. Since many people now trust bitcoin as their long term investment a lot people hold their bitcoin and believe it someday it will reach 100K$ each. I'm hope everyone already got their bag before missing the opportunity
I agree with you.
By remain calm in any condition you found yourself in the market will really make you to know the right direction to make a good profits. Whenever investors are rushing to buy coins don't rush with them, but all you need to do is to be calm with the price of that particular coin in the market. Those investors that remained calm few months ago when the price of bitcoin was decreasing to $43k not to sell than to hold, before it now increase to$50k few weeks ago that help them to make a massive income from their investment.
Buy coins when the price is low is a good opportunity to every investors not to miss any profit in the areas of investment to enable them to achieve a good profits at the end of their investment. And also sell your coins when the price increase in the market will enable you to make a suitable profit from the market.
By remain calm in any condition you found yourself in the market will really make you to know the right direction to make a good profits. Whenever investors are rushing to buy coins don't rush with them, but all you need to do is to be calm with the price of that particular coin in the market. Those investors that remained calm few months ago when the price of bitcoin was decreasing to $43k not to sell than to hold, before it now increase to$50k few weeks ago that help them to make a massive income from their investment.
Buy coins when the price is low is a good opportunity to every investors not to miss any profit in the areas of investment to enable them to achieve a good profits at the end of their investment. And also sell your coins when the price increase in the market will enable you to make a suitable profit from the market.
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
Well it's true though it's need time to recover like year 2017 when bitcoin touch 20k and suddenly falls so hard and made many people panic, but now I saw people already learn from the past when bitcoin price fell because there's bad news about bitcoin but many people buying a lot when the price around 40k and made it a strong resistance. Keep calm and Hodl
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
Well it's true though it's need time to recover like year 2017 when bitcoin touch 20k and suddenly falls so hard and made many people panic, but now I saw people already learn from the past when bitcoin price fell because there's bad news about bitcoin but many people buying a lot when the price around 40k and made it a strong resistance. Keep calm and Hodl
for beginners like me it is difficult to do these two things. when the price drops far enough I have difficulty controlling my emotions so that it causes panic for fear that the price will continue to fall. second, when the price is going down I hesitate to buy because I think the price will continue to fall so I can get a cheaper price. the point is to do these two things requires strong belief and good self-control.
Normal reaction as you don't want to see your money to fadeaway, but once you realize that there's a good cycleyou will start to learn that being calm and patience is the best remedy to not to fall from this downtrend, bear and bull are in here
that each traders needed to understand.
If you will go deeper things is more clearer that setting up your target gave higher chance of success.
I personally like to do whatever I gotta do to keep my averages down whenever the price went down and that is how I would like to take advantage of the market crashes. If you buy more when it is down then you will get to profit from it.
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
You are very right these two basic things will give us advantages like success and win in the market firstly in terms of calm i.e trust that BTC will recover and rally again be sure and follow your own decision. then the second thing is leverage and this also comes with recklessly betting on coins and buying at low prices I often remind myself "be greedy when others are fearful" those are the key factors key to help you succeed in this vibrant market. for beginners like me it is difficult to do these two things. when the price drops far enough I have difficulty controlling my emotions so that it causes panic for fear that the price will continue to fall. second, when the price is going down I hesitate to buy because I think the price will continue to fall so I can get a cheaper price. the point is to do these two things requires strong belief and good self-control.
Normal reaction as you don't want to see your money to fadeaway, but once you realize that there's a good cycleyou will start to learn that being calm and patience is the best remedy to not to fall from this downtrend, bear and bull are in here
that each traders needed to understand.
If you will go deeper things is more clearer that setting up your target gave higher chance of success.
I personally like to do whatever I gotta do to keep my averages down whenever the price went down and that is how I would like to take advantage of the market crashes. If you buy more when it is down then you will get to profit from it.
There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.
I agree mate, remaining calm is the best way you can do at first especially at situations like this and don't panic when the market falls sharply because chances are you'll make wrong choices.
Don't sell your coins immediately just because the market suffers declination, instead think of it as an advantage and buy coins while the market is low in order to have profit when the market recovers. You should plan it carefully what to do when experiencing situations like that ans always have a plan B.
Sharing from myself about feeling what OP mentioned. I've been in the field for many years, and I really feel the rush of many people to think this market is up and down. Maybe in a general trend we should know how to get rid of the current thinking, I remember from the time when BTC was still quite low and when it was determined it was a good time to hold everything. And with a clear plan, no matter what happens, it won't affect that plan.
for beginners like me it is difficult to do these two things. when the price drops far enough I have difficulty controlling my emotions so that it causes panic for fear that the price will continue to fall. second, when the price is going down I hesitate to buy because I think the price will continue to fall so I can get a cheaper price. the point is to do these two things requires strong belief and good self-control.
Normal reaction as you don't want to see your money to fadeaway, but once you realize that there's a good cycle
you will start to learn that being calm and patience is the best remedy to not to fall from this downtrend, bear and bull are in here
that each traders needed to understand.
If you will go deeper things is more clearer that setting up your target gave higher chance of success.
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