Two basic things that can give you an advantage - page 4.

Zilon

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Bitcoindata.science

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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

Wildwest

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Calm in the face of the market situation is the main capital in making investments, and many we find losses that occur due to panic when the price of coins fall then we release in a state of loss, if we are confident and calm then every coin we hold must increase again let alone the coin has the potential so that it has the most possibility of returning to the highest value, And every big investor always takes advantage of the state of the market when it goes down so that they can later get big profits when the price increases again.

(o)(o)ilikeboobs(o)(o)

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Bitcoin's sudden drop has many reasons, but to determine buy to catch the bottom is a difficult choice. We don't know how far Bitcoin will fall, so bottom fishing can be dangerous if it's derivatives like margin, futures and options. Buyers need to look at Bitcoin's technical pattern before buying.

junmisakiro

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Many people assume that you should stay away from investing and trading crypto when the market is on a downturn, but I don't think this is entirely true, because basically a bearish situation is often a good time to increase our portfolio by creating a new plan, and then buying some coins others that will fundamentally rise again when the next market moves.
So when the market suddenly crashes, calming down and making a new plan is a great factor to avoid losses.

Samandra

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The price of the crypto market varies greatly, and keeping calm is the best way to avoid losses in crypto. Don't panic and sell the currency when the market price drops, the price will eventually pull back. So don't be influenced by market sentiment and make wrong decisions, which will eventually lead to more losses.
If you have more funds, you can buy when the currency price drops, and when the price rises, you can get more profits.

Anonylz

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Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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).

AmoreJaz

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Quote from: matchi2011 on September 17, 2021, 06:43:31 PM

Quote from: Rajamuda on September 17, 2021, 09:43:27 AM

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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 the point is that we have to be able to control our emotions more or such as to control ourselves from the things that sometimes try to shake commitments and goals that have been targeted.
Each of the declines that occur, we know here is like a gap that can be taken for new opportunities and one thing... I don't think there is a need to force myself to enter, besides, it can still be held with a strong sense of optimism.

Strong sense of optimism will encourage you to continue being postive while other traders are already giving up,
with this way of thinking you are giving yourself a better chance of gaining decent amount of profits once the
market start to pumped back.

It's not easy to be like that, but with better understanding of this current situation, you have a good chance of
succeeding.

in this market, patience is really a virtue. if you can't get it right at the first time, you will soon find out that those tips and tricks will come along the way. you can't acquire it overnight and rush into things. there may be guide to follow or tutorials, but the actual experience will give you better insight on things.
those 2 things mentioned by the OP will only be worthwhile if you know what you are doing and as much as possible, learn more about the coins that you want to deal with. the more you know about it, the better for you in the trading market.

matchi2011

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Buy $BGL before it's too late!

Quote from: Rajamuda on September 17, 2021, 09:43:27 AM

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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 the point is that we have to be able to control our emotions more or such as to control ourselves from the things that sometimes try to shake commitments and goals that have been targeted.
Each of the declines that occur, we know here is like a gap that can be taken for new opportunities and one thing... I don't think there is a need to force myself to enter, besides, it can still be held with a strong sense of optimism.

Strong sense of optimism will encourage you to continue being postive while other traders are already giving up,
with this way of thinking you are giving yourself a better chance of gaining decent amount of profits once the
market start to pumped back.

It's not easy to be like that, but with better understanding of this current situation, you have a good chance of
succeeding.

Rajamuda

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Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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 the point is that we have to be able to control our emotions more or such as to control ourselves from the things that sometimes try to shake commitments and goals that have been targeted.
Each of the declines that occur, we know here is like a gap that can be taken for new opportunities and one thing... I don't think there is a need to force myself to enter, besides, it can still be held with a strong sense of optimism.

aylabadia05

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Quote from: arwin100 on September 15, 2021, 05:45:00 AM

The only assurance can give by top 10 coins is they will not do a rug pull schemes which is made by other shit coins in the market but for thinking about guarantee profit? well I do agree with both of you that there's no coin can assure there investors that they can give us passive profit since eventhough how good there project is the volatility of the market still our enemy. But to avoid losing better to hold while the market is in bad shape and accumulate to earn when the price goes up again.

Patience by holding on to the top coins at this time is great to implement as you say. For me, that's one way to minimize losses that we can't predict. I'm sure if we are patient with market conditions like the current market conditions it will definitely be profitable.

geegaw

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Quote from: kotajikikox on September 15, 2021, 05:53:19 AM

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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 .

Indeed, the bear market is like a gun in the hand, it can help us go ahead and win, but it can also be a way to divide our wealth more,
even from a neutral character, we too can be the losers after this gun turns upside down and mistakenly shoots at our selves. In addition, even though I wanted to buy a lot but like many people here, my initial investment was not converted from profit to capital in time and the risk is now that I have no capital left, in that case, another investment will be part of the burden of psycholog

ttcsalam

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Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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.

yes, your advantage is very good Top 10 coins will go very strong situation as soon as possible. So I am trying to add some alter coin as soon as possible. when BTC will go pump hard top 10 coin will very moon and who buy now top 10 coins all are will gainner.

kotajikikox

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Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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 .

arwin100

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Jack of all trades 💯

Quote from: aylabadia05 on September 15, 2021, 05:17:41 AM

Quote from: CryptopreneurBrainboss on September 13, 2021, 03:13:57 AM

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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's no assurance in the top 10 coins, many there aren't always worth that spot they're occuring and in due time they get dethroned by worthy projects or other hyped projects as well and the circle continues in that way.

For example, last year project like SOLANA wasn't in the top 10 but currently it's occupying that spot at 7 (as of press), this doesn't mean I'm pointing it out as a worthy top 10 occupant as it could be over hyped as well but just trying to give you a perfect example and If you look at the list from few years back, you'll notice other top 10 coins by market capitalization, no longer occupy that position.

Your first advice is supported but the second isn't, when the market falls take that opportunity and get some discounted Bitcoin. That's mainly because while other altcoins aren't certain of raising back with the market, Bitcoin had always proven time without number that it does bounce back stronger after a setback (correction) and you wouldn't want to miss that opportunity.

The top 10 coins are not a guarantee that you will always get a good profit. But, at least by picking the top 10 coins, we can go a little further than being hesitant.
Many incidents have happened in the crypto space, so we can learn that coins that we think are worthless can also become gems full of charm. For example Solana as you mentioned.

The only assurance can give by top 10 coins is they will not do a rug pull schemes which is made by other shit coins in the market but for thinking about guarantee profit? well I do agree with both of you that there's no coin can assure there investors that they can give us passive profit since eventhough how good there project is the volatility of the market still our enemy. But to avoid losing better to hold while the market is in bad shape and accumulate to earn when the price goes up again.

aylabadia05

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Quote from: CryptopreneurBrainboss on September 13, 2021, 03:13:57 AM

Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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's no assurance in the top 10 coins, many there aren't always worth that spot they're occuring and in due time they get dethroned by worthy projects or other hyped projects as well and the circle continues in that way.

For example, last year project like SOLANA wasn't in the top 10 but currently it's occupying that spot at 7 (as of press), this doesn't mean I'm pointing it out as a worthy top 10 occupant as it could be over hyped as well but just trying to give you a perfect example and If you look at the list from few years back, you'll notice other top 10 coins by market capitalization, no longer occupy that position.

Your first advice is supported but the second isn't, when the market falls take that opportunity and get some discounted Bitcoin. That's mainly because while other altcoins aren't certain of raising back with the market, Bitcoin had always proven time without number that it does bounce back stronger after a setback (correction) and you wouldn't want to miss that opportunity.

The top 10 coins are not a guarantee that you will always get a good profit. But, at least by picking the top 10 coins, we can go a little further than being hesitant.
Many incidents have happened in the crypto space, so we can learn that coins that we think are worthless can also become gems full of charm. For example Solana as you mentioned.

lightning0

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Keeping calm in the crypto market is the right choice. There will always be price fluctuations in cryptocurrencies, many traders and investors will panic, and novice investors will make some wrong decisions due to market sentiment.

Falling market prices are a good opportunity to buy currencies at low prices. You can also choose to buy different currencies in multiple portfolio investments to avoid large economic losses when prices fall.

dezoel

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Quote from: aylabadia05 on September 09, 2021, 02:12:31 PM

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.

For me, I think it’s important to First of all be calm when the market is down. and you shouldn't rush to buy coins when the market goes down, because you can buy a coin and the market will still go down again. So most of the times it’s simply best to just calm down and wait for it to recover, then if it happens to go down demo and you feel maybe that's the least that it can get, you can then decide to buy more coins.

Then another thing is that I think everyone should also be ready to accept the fact that it is a risky investment, so whatever you see you should know that it was bound to happen. You can invest in the market and it will go down and take long to recover, so that’s why you should always take your time before doing anything or taking any action. Just be calm and have patience.

Pulsar77

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Your advices are true indeed. Keeping calm is really crucial for an investor to prevent themselves from doing irrational things. Otherwise, people start panic selling and they tear the market apart by their actions. And I agree also that investing into top coins is a good thing. Because it is much safer compared to investing into not well-known projects.

GeorgeJohn

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Quote from: Coin_trader on September 13, 2021, 02:47:22 AM

Quote from: GeorgeJohn on September 12, 2021, 03:19:11 AM

When a market dropped the best option is to relax for the main time of it's decrement, because their is every tendency that the market can drop more than before or get ride of increment after some hours, you have to wait and observe the market movement for sometimes, because purchasing new coins as op said at least the most ten top coins is not the best option due to, market that drop can continuously going down and at moment while you are still in lines of lost, any investor have to be conscious of time.

It depends on the specification of the price drop, Some price drop is just a minor correction while the other is the reversal of the trend so you should determine first what is the current drop being reflected. You are right that trader should relax because you need to think clearly to assess and analyze the situation. Most of the traders that always being trap on this downtrend situation is because they didn't look and analyze the graph before they enter. They are just looking on the current candle and use it as basis to enter the market since theres already a price drop not knowing that there still more in the coming days.

Actually it's truth and obvious that market price dropped is a process of market correction, but it doesn't permit or Grant us the avenue or source for someone to invest without proper observation of the market, so following the down fall of market immediately it's fall in order to make profit can as well result out lost of everything in cryptocurrency market sphere, because of the keys to make well in crypto market is endurance and observations as i stipulated above or initial from first or second paragraph of my comment.

sana54210

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Quote from: monineklutak on September 14, 2021, 03:08:06 AM

Quote from: rosenbauer02 on September 13, 2021, 11:14:26 PM

Remaining calm is one of the best attitude you need to have to get an advantage. Patience is also needed for waiting for the price to recover. As you have said, you have to believe that the price will recover so a lot of patience is needed. People who does not have lot of patience won't be able to do it and would only lose profit or lose the exact amount of capital you started with.

Indeed, patience is one of the keys to profit, but that doesn't mean we just need to have patience,
other special skills are also important such as having good knowledge and analysis,
one must realize that making a profit in crypto is not an easy thing and the risk is also big

"Just patience" is not the key for sure however it is one of the most important ones. It is like how you could have patience and maybe not earn any money but at the same time if you do not have it then you are guaranteed to not earn money. It means that before anything else you need to first learn how to be patient when it comes to investments. After that there are many other things, learning to read data, charts, indicators, study patterns, check them for hours to see if anything interesting going on, all of those things are added.

But, if you know all of that and still have no patience then you are not going to earn any money at all. Some guy who bought bitcoin sometime back in the day can know nothing about investment but just end up forgetting they had bitcoin and still end up profiting when they remember it, that is the power of patience in bitcoin world.

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