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Topic: What do you do in stagnant markets? - page 3. (Read 6758 times)

hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
December 28, 2013, 05:14:53 PM
#8
Seeing the effects of hacks, hype, news, etc. on prices throughout this year it is safer to look at the "long" term. Leveraging your bets on something that swings so much on news and whale trading is playing Russian roulette.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
December 28, 2013, 05:03:20 PM
#7
Sell all your coins on an exchange then use the resulting money to leverage short on Bitfinex as much as possible. After that borrow as much money as possible and use that to get even more margin for your short and max it out.

Only this way you can get a feeling how the dumber half of this forum feels right now. They're just leverage long... Tongue
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
December 28, 2013, 04:23:56 PM
#6
look at the logarithmic chart for the past couple of years at http://bitcoincharts.com/

Try drawing a straight line somewhere "fair" between the highs and the lows. Choose a few points on this line from the time when you will have your money ready. Check the corresponding prices.

Depending on how long you will stay in for and also the market conditions at the time you might decide to give yourself some leeway with the actual price you will pay: a lot of positive news coverage / near-future events for example might make you may decide to buy in a little higher than the line.

In my humble opinion this method will work for most people looking at investing for 6 months to several years from now. Some might disagree with me, saying that a few months is too short-term, but given the current situation if you buy in between the extremes at some point now I think you will soon be sitting pretty.

hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
December 28, 2013, 03:45:41 PM
#5
Maturbate - If the price don't move at least you will.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
December 28, 2013, 03:45:08 PM
#4
GO DACNING!  Cheesy
sr. member
Activity: 350
Merit: 253
December 28, 2013, 03:38:59 PM
#3
I'm not a pro trader by any means... but one choice is just to hodl if you're feeling nervous, and might not be a bad idea. But another method would be to set entry/exit points and stick with them. It's going to be unprofitable for awhile but should make up for itself hopefully once a new trend sets in, which is rarely long in the world of bitcoin. Things do seem to be slowing down though, all this sideways/oscillating movement for the past week has kind of sucked.
legendary
Activity: 2268
Merit: 1278
December 28, 2013, 02:40:26 PM
#2
You hodl.
legendary
Activity: 1540
Merit: 1000
December 28, 2013, 01:27:53 PM
#1
I wanted to ask any professional traders or people with more experience what they do when markets stop moving and there isn't much activity going on. I realise this is a pretty noobish question but I'm teaching myself how to buy in a disciplined way because I've found I always keep making life harder for myself by panic buying into an altcoin. Do you think it's a good idea to just hang back and observe the prices rather than just rush in and wait for a sensible low price to pop up or is it sometimes worth the risk if you think there's going to be a surge of buyers coming in?

For me I've found that a price rise never usually happen fast and when I buy in at what I think is a new low it always drops further meaning I have to wait longer in order to make any money but I don't like the idea of a price spike suddenly happening and me not being there for the profit taking. Sad
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