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Topic: What do you Do When You Run Out of Money to BUY During Such a Great Opportunity? - page 4. (Read 2706 times)

sr. member
Activity: 896
Merit: 253
If your patients is not enough to wait anymore you can start day trading on which is you need more time to find a coin which have a good opportunity to rise within a day or you will find a coin which is for longterm and hold it so that you will earn a good profit.
full member
Activity: 420
Merit: 102
So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

In my opinion the prices will continue to go down so we'll have more time to buy cheap coins. Just try to make some money in the meanwhile and then buy...
You are very correct! If you have some money to spare, I will suggest you split and buy at every consecutive dip. However, any time anyone buys now, you won't regret it most definitely.
hero member
Activity: 1246
Merit: 529
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You pretty much have no choice but to wait if you don't have any money anymore. Unless you're conaidering making loans for trading which for me is highly unadvisable.
full member
Activity: 420
Merit: 101
for me if the really big opportunity will be maybe 3-5 months from now what i will do is work for a campaign and get enough funds to get a moon high worth of profits.
sr. member
Activity: 560
Merit: 269
Well, you can borrow on exchange. Poloniex is good place to trade and to borrow. Just in case you run out of money and you need them because you don't wanna miss the opportunity to get some profit. Or you can sell your holdings where you put all your money. But that's impractical thing to do. That's why lending service gives you quick solution. If you don't want any liabilities. Then you have to wait for your altcoins to pump at the good price and sell them and buy again. This needs patience though.
sr. member
Activity: 546
Merit: 250
I stay away from borrowing or margin, thats the easiest way to turn a little dip into a bloodbath. When I run out of money I take a long look at my positions and re-evaluate. If they are all still valid and I believe in them, then I delete Blockfolio from my phone and walk away from the computer for a few days  Tongue

Yeah, this is not easy to do, not all trader has that confidence, nice one.
A trader can only throw away the computer by the side for days leaving an open market if he is a master of his game plan. Most times, the trades eventually ends in profit


As qouted by one of the decipticons on transformers, "sometimes cowards do survive". Relating it to btc, better lay low than risking anything that you dont have. I think im right to say that we all in some point in our life and it is really frustrating when we lose some big cash and even having debt to whoever and how much you've lost just by desperately wanting to acquire goods that is out of your reach.
sr. member
Activity: 686
Merit: 250
I think we have to set emotions aside. We had a plan, invested in some alts and BTC and what we felt like was a fair part of "trade money" is gone. So for me if its gone its gone, i either wait, or i very very carefully sell something at a losse or small buy to adjust the portfolio.
For instance, i had some coins that i´m in profit for USDT but loss in BTC. I decided to sell and move to another project. Some might say it is a bad bet as i´m loosing the king BTC, others good as they will argue that we actually leave evryday life from fiat.
Just think carefully and don´t let emotions kick in.
hero member
Activity: 2520
Merit: 605
Don't be greedy and don't let your emotions take over. If you don't have the fiat to buy more crypto then don't. Simple as that.
I will suggest following things if you run out of money during such a great opportunity just like last week:
   Trade your altcoins for bitcoins.
   If you can take a loan from family or a friend take it to invest in bitcoins.
   In worst case scenario you can give your house on rent or lease to someone to have money.
hero member
Activity: 2520
Merit: 624
I stay away from borrowing or margin, thats the easiest way to turn a little dip into a bloodbath. When I run out of money I take a long look at my positions and re-evaluate. If they are all still valid and I believe in them, then I delete Blockfolio from my phone and walk away from the computer for a few days  Tongue

Yeah, this is not easy to do, not all trader has that confidence, nice one.
A trader can only throw away the computer by the side for days leaving an open market if he is a master of his game plan. Most times, the trades eventually ends in profit
hero member
Activity: 626
Merit: 500
I stay away from borrowing or margin, thats the easiest way to turn a little dip into a bloodbath. When I run out of money I take a long look at my positions and re-evaluate. If they are all still valid and I believe in them, then I delete Blockfolio from my phone and walk away from the computer for a few days  Tongue
Did same on deleting blockfolio, there were times that I seems adsicted on watching the price and when I thought it will be agreat opportunity to buy and to sell some, but realised i just need to wait more and to hold them much longer.
full member
Activity: 364
Merit: 101
I stay away from borrowing or margin, thats the easiest way to turn a little dip into a bloodbath. When I run out of money I take a long look at my positions and re-evaluate. If they are all still valid and I believe in them, then I delete Blockfolio from my phone and walk away from the computer for a few days  Tongue
member
Activity: 110
Merit: 10
So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

I simply borrow small amount of money from my friends not to miss that buy opportunity. If the opportunity is big enough, I can even get bank loan from the local banks for this purpose.
full member
Activity: 252
Merit: 100
Don't be greedy and don't let your emotions take over. If you don't have the fiat to buy more crypto then don't. Simple as that.

Where's the 'Like' button when you need it?  This is a great rule to live by with trading.  If you keep forgetting it, print it out at stick in on you monitor! ;p
legendary
Activity: 938
Merit: 1002
Don't be greedy and don't let your emotions take over. If you don't have the fiat to buy more crypto then don't. Simple as that.
There is no point of getting greedy and thinking of kore money every time. Sometimes you need to be little patient as well. I think if you think this thing that you can avail that opportunity in the best possible way, then you can go for taking money from someone else. But then you have to play very safely.
jr. member
Activity: 50
Merit: 1
I Day Trade Cryptocurrency and Profit Daily
Well I do nothing since I don't have money anymore to buy cheap coins but I am a type or person who always try to have extra money for rainy days so whenever there is blood in the market i buy little by little.

You could always take out a loan.... or mortgage your home.

Instead... learn to trade. Learn technical analysis. Learn to take low risk trades with high probability returns.

Learn from a mentor.

Once you learn how to systematize and operationalize trading, the rest comes out of execution. Its a system. The whole econonmy is a system functioning like a living organism. Learn how it works. Learn to profit.

That is the key my friend. THAT.
full member
Activity: 180
Merit: 100
Well I do nothing since I don't have money anymore to buy cheap coins but I am a type or person who always try to have extra money for rainy days so whenever there is blood in the market i buy little by little.
jr. member
Activity: 50
Merit: 1
I Day Trade Cryptocurrency and Profit Daily
So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!
it happened a few days ago, when the BTC price fell to the bottom I can only see it and do not do anything arena I have run out of capital to buy again.

Yes, it's a game of ups and downs, buying and selling... trying to find the best odds to trade on.
sr. member
Activity: 658
Merit: 260
CryptoTalk.Org - Get Paid for every Post!
If you are all drained up and invested what you had then that's enough and you should not regret it the other way around. Trading, investing is subject to market risk and one should never go beyond what they can tolerate. Do not try to be impatient at this very peak period when the market is down and you have invested everything. You may end up with emotional trades or investment and might do stuff which is not meant at this stage. Let the prices start moving again and wait for the opportunity to come to you so that you can sell at higher rates.
sr. member
Activity: 616
Merit: 250
So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!
it happened a few days ago, when the BTC price fell to the bottom I can only see it and do not do anything arena I have run out of capital to buy again.
legendary
Activity: 1918
Merit: 1728
So, I'm loving that Bitcoin and other cryptocurrencies are crashing. It's been giving me plenty of opportunities to buy in on the markets. However, the markets are so low that I've bought ALL IN with my funds.

Here's the problem...

So many cryptocurrency markets are tanking... which means there are SO many opportunties to make money. But I can't buy anymore, because I'm all bought in.

Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?

How would you approach this?

The waiting is killing me and I want to play in the markets more!

If you are sure about profit then it will be better to dispose your current investment, get benefit from potential investment in short span and then buy back the former investment and hold till it matures and give even better return.
But all depends upon how sure you are with your potential investment. Mere intentions and emotions won't work out, you have to dig more and be sure about profits.
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