What do you Do When You Run Out of Money to BUY During Such a Great Opportunity? - page 5.

cryptocamacho

jr. member

Activity: 50

Merit: 1

I Day Trade Cryptocurrency and Profit Daily

Quote from: Kyotric on September 19, 2017, 04:50:09 AM

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 agree with this... though, I'm not trying to be greedy - but it is a fun game. It's kind of like when someone is taking their turn at Super Mario Bros and you're just waiting your turn. haha

Kyotric

newbie

Activity: 17

Merit: 0

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.

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: gamerfan on September 15, 2017, 03:07:21 AM

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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 may be right. The prices may come down in the coming days, but this is not a universal truth that this will happen exactly. I think you need to look out for some ways through which you can get a good amount of money in order to make the best possible use of the opportunity which is available to him.

CoinCollector006

sr. member

Activity: 350

Merit: 251

Several questions embedded here, will try to answer each one

>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.
You can sell your weaker names to raise funds, i sold Dogecoin to raise funds for stronger names like LiteCoin, Factom, Ethereum and Lisk

>Do I now wait until we go to the moon (or at least another high)? Do I try to day trade this?
There is always at least one market that has sold off and that you can buy cheap. If you wait too long your cheap market could run up on you. You can reserve a piece of your portfolio for short term trades and keep the rest as a long term buy and hold portfolio.

>How would you approach this?
I would hold fiat cash and spare BTC in your accounts and be ready to transfer funds when needed. LiteCoin can be used as an asset pair at Cryptopia and transfers faster than BTC.

>The waiting is killing me and I want to play in the markets more!
No need to wait on your trading, transfer funds from wherever you can even if you need to break your piggy bank with $100 of loose change.

Karen23

full member

Activity: 189

Merit: 100

When the market is crashing I'm panicking finding funds to buy more. Though putting other than spare money is too risky it is very tempting to just buy.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

A properly primed trader would never run out of money. They'd always have something in reserve for unexpected opportunities. Get some profit under your belt, pull it out and start thinking things through properly.

SchlaWinner

full member

Activity: 131

Merit: 100

Invent Bacon-Coin and see me HODL

My forecast is that there will be another 1-2 good or even better than before (3k$) buy opportunities throughout this month.. if youre all-in and broke cash-wise, maybe its not the best thing to think about investing more.. Dont get carried away my friend, this is still a speculative investment. If you took a credit and thew it in btc and btc decides to hit 2,xk and the correction takes a little longer, you will be sweating a lot more than by just not having "enough" assets in the market already.. and after all - if you believe in crypto, depositing more money in a month or 2 or in half a year will still be early enough for long term investments!

1Referee

legendary

Activity: 2170

Merit: 1427

People going all in with their funds are exposing themselves to an incredible level of risk. I always advice people to buy with smaller fractions of their capital per time. If you for example have $10,000 as capital balance, and you look to buy at the $4000 level and go all in at that level, you will have no funds left to benefit from the market to go down even lower. In order to prevent this from happening, you should use MAX 10-15% of your capital to buy at the $4000 level. If the price happens to tank even further, you can choose to buy another batch of coins at $3500, and then at $3000, etc. If you play it well, you ultimately can buy the price down till the bottom, and even then you should have enough capital left to use. It's common sense stuff, but people for some reason completely ignore it.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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!

You are not the only who do experience such thing and im sure some people do have this kind of problem specially to those joe's who have only limited funds that have gone all in already on altcoin or bitcoin investment.It does really suck when you see an opportunity but you dont have the funds to put on.If you can able to find ways then it would be great but if not then you would sit down and seeing the opportunity is passing away.

Nahl

legendary

Activity: 1652

Merit: 1000

it's easy to me that if i had discover the situations which had good opportunity to get huge profit but i have no money to do so then normally i would borrow the money to my family or my friends with if i got the profit i would split it to them and usually this way has been sucessfully because they are tempted with the profit too

Golftech

hero member

Activity: 2128

Merit: 520

well you should review everything first OP the current situations regarding to this crashed was really confusing, we can't do some trading as for this moment
because downfall still showing strong and bounce back for a little while can't hold the pressure of china's issue about banning crypto exchange maybe its good
for you that you don't hold any money yet.

Fortify

legendary

Activity: 2688

Merit: 1192

If you are overstretching so much that all your reserves are wiped out, you're doing very high risk trading - which doesn't seem very clever. You should diversify your investments, this week has shown that thousand dollar swings can happen in a day or two. There is nothing to say that bitcoin will survive long term - even if it wins medium and short term.

intrader

hero member

Activity: 659

Merit: 502

Just saw it with deep depression

MiF

sr. member

Activity: 1442

Merit: 258

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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!

We could do lot of things so that we can be onboard in time like this:
1. We can borrow money to our friends, relatives and friends.
2. We could file a salary loan to our company or government agencies.
3. We could sell some of our things like cellphone, watches or computer.

We could have them back after we go back to the moon right.

alyssa85

legendary

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Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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 all in and have run out of money, you are all in. Nothing you can do about it.

Just console yourself that there will be other crashes in the future you can take advantage of (bitcoin has them practically every six months!)

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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 feel your pain, shit happens! You just have to wait and keep learniing from the scenario. Don't bother trading what you have now as it may be too late, however the risk and decision is yours to take so do not count on my advice. If you know you can get money to borrow though, you can do but like I said, all decisions are yours to take, mine is just a suggestion.

caravel

member

Activity: 77

Merit: 10

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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'm in a very similar situation to you; in that I invested most of my money in BTC & have no additional income source at the moment, so I'm just waiting.

I'd suggest you just do like me and play it cool, while you wait for BTC to go back up and profit.

gamerfan

hero member

Activity: 766

Merit: 501

BUY BITCOIN WITH PAYPAL AND CREDIT CARDS

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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...

DaMut

sr. member

Activity: 1274

Merit: 263

What will i do when i see a great opportunity and i do not have money left to buy ?
There are only 2 thing that i will do,
1.Selling my Coin that i bought in the peak and buy it lower than before.
2.Rest for a month and do not touch my laptop at all.

When you start trading,you should have a financial back up,no matter what never go all in because someday ypu will miss a great opportunity.and look at it right now ?
Just take it as a lesson for you.in the future always spare some cash to take this opportunity.

But i prefer to hold it because it's very dangerous for you to do some pingpong in here,so the second 2 option is the best for you and others whom does not have any cash for buy it.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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.

It really up to you. Yes the market is tanking and its really a good moment to buy and make money down the line. But I guess going all in has is downside as well. So you should be buying in parts and pieces the next time.

Quote from: cryptocamacho on September 14, 2017, 06:49:30 PM

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!

Since you already went it, then there nothing you can do but to wait. I myself wants to play and enter the market soon, but for personal reasons, I'm also out of money now. But I will make ways to get some to be able to buy now because its really a good opportunity to profit later when the price goes up again.

Topic: What do you Do When You Run Out of Money to BUY During Such a Great Opportunity? - page 5. (Read 2742 times)