Topic: What do you do during blood waves? - page 7. (Read 1052 times)
I have gotten used to this volatility over the years, so these short term drawbacks don't affect me at all. If anything, these "blood waves" make things more interesting in Bitcoin and crypto currency world. Things would get very boring after a while if we were to see bull runs all year long. A change is always good.
There is nothing much I’m expecting right away and we can’t do anything in front of big polictal pressures. Hopefully everything will be right on. Anything can happen at this point and there's pretty much nothing we can do so why waste energy worrying about something like that. If you're really not feeling good, then sell at a loss and quit crypto
In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it 
This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?
I will not worry about the downfall of the market, I will continue to trade because it will be the opportunity of the traders to get profit. I have done it 3 times and I am profitable in 3 times as the market is going down. This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?I know the rules and the down market will be the opportunity for me to profit.
In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?
For me, when the whole market was red, it was time to buy lots of tether and keep the other coin down to the bottom and start buying. We want to succeed, want to collect a lot of profits, it must go against the market. Now that all the people are selling is when we buy. We can see the current price of bitcoin and other coins are turning up and strong prices. This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?
You can see that the market in the past few days is fluctuating extremely complex, now bitcoin girls are constantly adjusting and currently at the $ 9500 level and continues to fall. I think that when the market is down, we should move bitcoin to USDT so that we can not lose capital and may continue to buy bitcoin at a low price. This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?
I do crypto shopping until im out of my fiat. After that I force myself not to look at my portfolio too often 
I prefer to not take any risks during dumps, so I stop and wait the market rise again. Some people like to sell during dumps to buy again when the prices hit the floor, but we never know exactly when we reach the floor, maybe you are selling your coins and the price won't drop anymore, that is the floor. Then you have a loss... For me when a dump happens it's time to hold and wait.
When red days occur, I prefer to buy some alts that I didn't have yet and tries to do day trading in it, OFC we will wait till it dumps more and sell it by tomorrow if arises, that's what I did in last month dumps, but for this month I don't think it will dump that much, so just chill now.
If you ask me how am I doing during the blood waves, it's very simple. I'm doing fine.
You know why? It is because I am not relying on just one or few altcoins to invest. I usually diversify my options by investing on more altcoins like more than 10 or so. On top of that, I am doing airdrops and bounty programs in hopes that I would add more digital assets to my arsenal.
So yeah, I am doing great. It's an opportunity for me to buy at low prices, as I consider it as FUD sale.
You know why? It is because I am not relying on just one or few altcoins to invest. I usually diversify my options by investing on more altcoins like more than 10 or so. On top of that, I am doing airdrops and bounty programs in hopes that I would add more digital assets to my arsenal.
So yeah, I am doing great. It's an opportunity for me to buy at low prices, as I consider it as FUD sale.
In times like this you can relay on many coins as you wish, all of them are going down, just rare coins going up. Holding all of them is the best what we can do, on this forum that is said so many times. But what you do if you needs money? Do you sell at any price? There is no option to wait, you need it fast as possible, what you do?
I sold many times in dips, life situation force me to make a decision to sell or to borrow from other people, or to rob something. Point is that you never sell all, or to buy bitcoin with all the money you have, secure yourself as much as you can on many sides, only like that you will be fine during this red times. I'm sure you have fiat too, not just 10 different alts, only like that you can feel totally fine and relaxed, you don't depend from fiat or crypto entirely.
If you ask me how am I doing during the blood waves, it's very simple. I'm doing fine.
You know why? It is because I am not relying on just one or few altcoins to invest. I usually diversify my options by investing on more altcoins like more than 10 or so. On top of that, I am doing airdrops and bounty programs in hopes that I would add more digital assets to my arsenal.
So yeah, I am doing great. It's an opportunity for me to buy at low prices, as I consider it as FUD sale.
You know why? It is because I am not relying on just one or few altcoins to invest. I usually diversify my options by investing on more altcoins like more than 10 or so. On top of that, I am doing airdrops and bounty programs in hopes that I would add more digital assets to my arsenal.
So yeah, I am doing great. It's an opportunity for me to buy at low prices, as I consider it as FUD sale.
I do shopping, most of blood waves is 50% off of the market, which I really love it. Specially when there are many FUD spreading, that's so sweet, I already have my funds reserved for red markets, I just bought and bought when the market is down, earn profits after few weeks.
For me i prefer to fix loose 5-10% is ok to protect to loose more if markets will go down so deeper then now. But for now when markets on correction i am not trading at all long time already soon 3rd month while i am not make any trade .
During downtrend i prefer to make travel little bit and doing some hobies, by this way my mind will fresh and not be over trading. When the market back to normal i try to make new strategy to reduce the risk and to maximize the profit.
in such moment like that blood day in market,i used to call it shopping day. the very best time to shop more coins so when green day came, then its fiesta time,victory time. if you're hold coins get dump,just hold it on. Panic trader will always be a looser.
At the current price I am very profitable, I will sell half of the bitcoin I have changed to fiat and enjoy my life, the rest I leave there, hold it and wait for the price up, for me that is enough , sometimes you should not be too greedy, you will be more happy, I have won myself
Well, for me, during dumps, I am converting myself from being a trader to investor or holder. I am just playing with my computer until it pumps up again.
I just go outside and will check the market as soon it stabilize the market hehe. Pure don't put much emotions on trading if you are too emotions on trading seriously you will lose your hard earn funds. Be focus and purging is one way to help you lessen the pain if there possible. Then calibrate what trades you did, always focus and have discipline in trading then set a plan and correct what is wrong about your trading. Don't be such a weak hands focus and follow what you learn from time to time. Experience is best way to gain more knowledge and learnings so keep it up have your conviction calibrate as well. good luck.
I don't get panic during red blood waves . Some negative thoughts comes in my mind to sell my holdings. But i usually show my patience and wait for market to be green again.
When we are weak in investing and we always panic when some blood waves hit the market. I assure you that we will sell our investment, Panic will always lead to bad things just like here in trading. I always remember that market will always comeback after some red days but i think as you said the key is to be patience. Without patience we can't successful in trading because when there are sudden deep we will only sell at loss.
I don't get panic during red blood waves . Some negative thoughts comes in my mind to sell my holdings. But i usually show my patience and wait for market to be green again.
As much as many of these alt coins and crypto enthusiasts want the charts to always go up, human emotions will always move in waves.
Somehow humanity will find a way to drag the USI Tech and Bitconnect Vampires into the light. Somehow humanity finally is dragging the Tether debate out of darkness.
Somehow humanity will find a way to drag the USI Tech and Bitconnect Vampires into the light. Somehow humanity finally is dragging the Tether debate out of darkness.
I prefer to not take any risks during dumps, so I stop and wait the market rise again. Some people like to sell during dumps to buy again when the prices hit the floor, but we never know exactly when we reach the floor, maybe you are selling your coins and the price won't drop anymore, that is the floor. Then you have a loss... For me when a dump happens it's time to hold and wait.
When red days occur, I prefer to buy some alts that I didn't have yet and tries to do day trading in it, OFC we will wait till it dumps more and sell it by tomorrow if arises, that's what I did in last month dumps, but for this month I don't think it will dump that much, so just chill now. Jump to: