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Topic: Two basic things that can give you an advantage - page 3. (Read 802 times)

hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
This is basically like cost averaging which is buying every time there is a dip. This is good for the holders who have funds to buy. Holders will earn big profits through this kind of investing, it may take 4 years like it use to be with BTC bull market cycle but worth doing.

This will work for traders still as the market moves up and down all the time but a lot risker in losing sats in the end.
jr. member
Activity: 54
Merit: 14
When currency prices fall, people are always affected by market sentiment and panic. At this time, we must maintain a calm mind to do research and analysis, and do not rush to sell blindly. Because currency price fluctuations are normal in the market, prices will eventually pull back. As long as you remain calm and firm in your profit goals, there will still be opportunities for profit in the end.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Many traders will be affected by market sentiment when prices fall and sell currencies leading to economic losses. Therefore, one of the most important things when trading is to maintain a calm mind and not to panic and regret things due to excessive market influence. Generally currencies will pull back after the price has fallen for a period of time, and the best selling time should be selected in consideration of future prices.
You can acquire this when you have good knowledge regarding to the business that you are engaging, calmness really gives you the advantages if you have clear minds when dealing with this business. Make sure to have your good research and always observe the market that you wanted to place your money.

It's a must make a good understanding in every market venue that you will engage in and place your investment.
member
Activity: 116
Merit: 23
Many traders will be affected by market sentiment when prices fall and sell currencies leading to economic losses. Therefore, one of the most important things when trading is to maintain a calm mind and not to panic and regret things due to excessive market influence. Generally currencies will pull back after the price has fallen for a period of time, and the best selling time should be selected in consideration of future prices.
sr. member
Activity: 2520
Merit: 329
Keeping calm in the crypto market is the key to successful trading and investment.

Experienced investors always profit because they use a calm mind to analyze market trends and make correct judgments to determine the best time to sell currencies.
Encryption novices will always be affected by market sentiment and can easily lead to economic losses due to panic.
Remaining calm and going with patience is not only good for trading its working very good and positively in all parts of life because it's good for happy life but still it's very important for trading because if you do anything in hurry or in any specific mood then this can give you more shock just try to stay in calm even you have some serious troubles or loses because its part of trading just keep eye on market indicators and as you feel some better try to have some good takings from your favorite coins which can give you good profit in future.

Careful when you are going to choose your coins because going into market hype is also not good, many times whales play games and try to catch your money in very quick session.
full member
Activity: 760
Merit: 104
Moonbet.io
Honestly I as an investor are not affected by the current price, the thing I noticed is the development of blockchain technology.
Because I have a profit target for the future not for the present. If the development of cryptocurrencies is still good there is nothing else I am worried about.
Because the fall and rise in price is common.
hero member
Activity: 1428
Merit: 653
Always Act Smart and Play Safe With Your Funds
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.

There must be one thing for sure in the market and keep note that;
1. We have panicked people ( This includes people who does not have patient to hold or seeing their funds on a loose, mainwhile this same people are called the market feeders).
2. There are people who buy during deep to add with their funds ( This sets of are always called the determinants, along the line anything could happened yet they are not afraid to loose because of the understand they have in the cryptospace).
3. And another sets of people who always wants the market to be bull ( These sets and of people always called the takers or receivers they all want the market to be at the bull run for them to make gain and profit).

Heheh
There would be always a rise and fall of the market, this is the reason for buy and sell without this processes we can never experienced anything like bull or bear.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
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 with you especially in crypto, you should be emotionless when you decided to make an investment here because you'll definitely suffer losses on your journey in crypto. We should always keep in mind not to let our emotions take over our decisions and always look forward to the long-term goal. Moreover, we could make dips as our advantage to buy more coins to increase the number of them. Remember it will always go back to its ATH but no one knows when will it happen.
jr. member
Activity: 49
Merit: 14
Keeping calm in the crypto market is the key to successful trading and investment.

Experienced investors always profit because they use a calm mind to analyze market trends and make correct judgments to determine the best time to sell currencies.
Encryption novices will always be affected by market sentiment and can easily lead to economic losses due to panic.
legendary
Activity: 2520
Merit: 1073
Buying the dip is a strategy that can only be used by long term investors, if traders try to do something like that most likely will suffer heavy consequences because of it, after all as you say there is no way to know how deep a decrease in the price is actually going to be, so those buying expecting an immediate recovery are taking even more risk by doing something like this.
You’re correct about that. Buying the dip is not something that everyone can just do, anyone that is doing that has to be very careful, because if you make the mistake of rushing to buy the deep you might end up buying it when it’s not even at the lowest and then the price will continue to go down the more and you will continue to lose as well. So it’s always best to just calm down and wait for the price to a certain extent.

Unless maybe if you are buying after the price has reached an all time high price and started to plummet, you can wait for it to hit a very low, maybe like minus 50% and you can buy. Institutions like this, long term investors always have hope that they will recover the amount of the their invested money no matter what. Like I saw someone who bought Bitcoin around $20,000 during the 2017 bull run and the price dropped, but now the price has gone past that $20,000 during the last bull and has reached even up to $60,000.
member
Activity: 234
Merit: 65
Chainjoes.com
First, the attitude must remain calm by thinking that it will recover.
I'm still learning about trading but remaining calm in terms of failures encountered is the best decision that you have to make as investors.

In times of failures we tend to make rational decisions without even thinking about the consequences ahead because we want to recover what we have lost immediately and without even knowing that it'll make us even prone to many failures. In the end we can only regret, so that's why being calm is very important.

You should always remember that the best time to make a decision is after calming youself. Being calm has its own advantages.
sr. member
Activity: 1638
Merit: 330
★Bitvest.io★ Play Plinko or Invest!
that's true but not everyone can do it because most of them have invested and if they want to invest again it means they have to add capital or stop loss on their previous investment. it's really not worth it if you choose a stop loss and also not everyone has additional capital. So I think that whatever happens, reading the situation well and also being brave in taking steps forward is a step that must be taken because calm doesn't always mean that it can always be profitable.
legendary
Activity: 2464
Merit: 2094
Keeping calm is the best option for trader and investor in this crypto space. Especially with bitcoin, you just have to wait until the market recovers and the price hits resistance again and crosses it until ATH form. No one thought that 2017 investor who were willing to hold their asset in bitcoin discreetly without being affected by the price would return to making bigger profit in 2021. Keeping calm should be the top choice if you are really spending money on bitcoin that don't exist. needed for daily use. . The strategy to speed up capital recovery is to buy on a downturn or on every correction cycle as there is always a chance the market will recover quickly even if the correction reaches -10% to -20%.

Over time, currency prices will rise and they will also get good returns.
It really depend on which asset you choose. If you choose more altcoin, the recovery may be quite difficult or you may even have to give up because it ends in failure. We are talking about bitcoin although some of the top altcoin also provide benefit in the long term.
newbie
Activity: 27
Merit: 1
Keeping calm is very important for investors. When the price of the crypto market changes, don't be affected by market sentiment to panic and sell currencies. Keep a calm mind and formulate strategies to deal with this situation.
When the price drops, it is also a good opportunity for long-term investors to buy currency. Over time, currency prices will rise and they will also get good returns.
hero member
Activity: 2702
Merit: 704
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.
But how will you know that it is the lowest it can fall? your advise is only for those who can Invest and HODL with their coins.
the problem is what about those short term traders in which we knew the majority of people here?
you can buy now and wait for a while but what if the fall continues and make your investment even lower to more than half and suddenly you need the funds ? then you are a actual loser?
this advise is depend on what is your strategy and capacity .
Buying the dip is a strategy that can only be used by long term investors, if traders try to do something like that most likely will suffer heavy consequences because of it, after all as you say there is no way to know how deep a decrease in the price is actually going to be, so those buying expecting an immediate recovery are taking even more risk by doing something like this.

This is not a problem for investors as they can wait long enough in order for the price to return to the previous levels at which they bought and  at least breakeven, so while buying the dip is a great strategy people need to use it in circumstances in which this strategy is beneficial for them and not in circumstances in which it is a terrible idea for them to implement it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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.
This is very basic, and while important this is not going to help you much on the markets of today, people need to go way beyond that if they are actually thinking on making profits over the short and long term in this market, now I know this is not easy and it is going to take time to develop those skills but it is necessary to do this as whales are now incredibly big and can move the market as they want, especially when it comes to coins outside the top 50, and something like this is not going to be enough to protect you from their maneuvers.
hero member
Activity: 2464
Merit: 585
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 sounds good and simple only in reality not very easy especially when the market suddenly falls, lots of patience and experience is required to get pass that point,
however, I do agree with the idea of buying more good coins when the market falls and the cash is available, market will always recover and you may end up in regret if you fail to take advantage of it while you can (meaning having some lose cash and refusing to top up because of the sudden dip).
I know it is not easy to do this, but it still doesn't change the fact that the way to make a profit is literally that. If you can stay calm and buy more when it bottoms than you are going to make a profit, if you can't stay calm and panic then you are going to either miss out on profit or even lose money.

It could be very hard to do this, but it is the way to do it and if you are unwilling to do it because of any reason then you will fail. Obviously making money in crypto becomes very easy at certain periods, or it may become a very difficult thing in some other situations, nobody says that it will be very easy at all times, but if you can manage to handle the pressure and stress that comes with it and stay calm, then we are going to see a lot of good results.
hero member
Activity: 1512
Merit: 768
If you have more funds, you can buy when the currency price drops, and when the price rises, you can get more profits.
It is suitable if applied in long-term investment. Buy at a low price and when it has increased by 40% from the price when you bought it, don't choose to hold it again. However, what we choose is a coin that has a value, not a coin that has no clear value. We can include this concept in investing in addition to the two things I mentioned above.
legendary
Activity: 2646
Merit: 1176
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.

It is always important to have a patient view when it comes to investments - however you need to be constantly analyzing, balancing and revising your view of the world if you want to keep your money working well. It is no good to just "think that it will recover" you need to have more solid reasoning on why it is undervalued, what is interacting with it to cause price changes and why it could potentially go down further. You should never be afraid to change your mind on an investment if you think that you have made a wrong choice, I'd rather lose 20% than 80% before accepting that I was wrong - which I've done several times before.  The second point is almost meaningless and has no bearing on whether you are making the right decision to buy any particular asset - just buy more is weak "advice".
hero member
Activity: 2870
Merit: 612
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.
Remaining calm only for good projects because some coins drop and never recovers from the dip. Consider the project if it's worth risking then remain calm if not sell off and invest in more profitable coins so you don't get stucked by the whales.

You only buy the dip of a coin after checking it's previous ATLs and ATHs and how quickly it recovers from bearish moves also the market capitalization

How about just sell when the price goes up and buy again using that USDT when the price dip after all price goes up and down all the time. We don't see the price going all the way up like a green hockey stick, it's often going to drop and end up in a ranging market before another breakout. This is just buying the dip while not spending money out of pocket every time.
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