It happened to me a few years ago, I researched about a particular alt-coin and invested a certain amount in it considering returns in next 3 to 4 months. Immediately within a week, that alt-coin fall by 35% and it was difficult to stand with the investment but as I had the research
with me to back the investment decision, I stood with it and in next few months, the same investment was showing 10% to 20% profit without making any changes in it. It not only covered the loss of 35% but also made a profit of 10%+ in that period. So someone is having his research for the investment then I don't see any reason to worry about the market conditions.
Topic: What to do when the market is full of red - page 3. (Read 3396 times)
Market will red when big change is happen in Bitcoin, Bitcoin price goes up, jump or some time big pump according to news and when Bitcoin price goes dump, in these situations market of altcoins go to red zone and almost all altcoins available at low price with low rate and it is the good and best time to pick the altcoins due to low rate and the next step is to recovery and this recovery makes you a profitable trader.
If you are not a good trader just wait and Hodl. The price will get up if it's a valuable coin.
Even good traders know that when there's a bloodbath, it's always better to just remain steady. There's really not much to profit from if that's the scenario and definitely you're going to end up with losses if you pursuse stubbornly. Patience is money when you're trading.
Dont do that again man. When market so red, turn of yours computer or buy something. Dont sell yours coin.
Yes that's right, you didn't lose your money or bitcoin unless you sell when the market is full of red. So when the market is full of red much better to buy more and hold it for you to gain your profit rather than sell. That's a basic part in trading ( i'm not an expert but that's my opinion )
In the future and sell before it happens. It's called a good trader. Of course it's not always possible to specifically, but should be able to do it when it can not predict it, it must act quickly by selling before it's too late. Protect your investment and then. It requires observation.
Dont do that again man. When market so red, turn of yours computer or buy something. Dont sell yours coin.
The best part about a bleeding market is that,it is the best time to invest in good alt coins,you do not invest when the market is rising,you always plan on your investments when the market goes down and that is the basic principal you have to follow while investing,it not always about selling,if the coins you purchased goes down,wait for the market to settle down at the bottom and average your loss by buying more,but make sure you are investing in good coins.
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Selling while it's red is a bad move. I mostly do that before but now, instead of looking at the market dropping, I drop my phone and go out to relive the stress of seeing my portfolio drop. Recently I have sold half my coins at half of the price it currently is now because of loosing temper and because I thought it will keep droping but I was wrong. It's best to keep coins and hodl them for longterm if you want profit.And in general, I sell altscoin at the bottom
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Keep holding, you should set a target that you want to achieve when you bought the coin, and a reasonable target based on the research that you've done not some moon target. If you have a target then you'll stick to it because you know that coin will reach the target, you can also buy more to reduce the average cost of your coin if you really believe it will become a successful project. Also don't forget to set a stop limit incase something go wrong.And in general, I sell altscoin at the bottom
Lol for your kind, the best way would be to not peek at the market. Everyone would tell you to hold hold hold and that's basically the most logical.thing to do it such situations
Dont do that again man. When market so red, turn of yours computer or buy something. Dont sell yours coin.
Well at present the altcoin have created a panic in the market as btc prices is rising and altcoin has taken a badly hit and almost people have lost a huge capital unless they hold it for future. Also in the mean time lost a big opportunity if had money to invest in btc and quickly get some gains in a short period. Keep holding if you think that coin has potential else sell it and buy btc to recover some loses with the gain in btc.
You have to improve your patience for you to surpass your negative character.Trading is very tricky things because its all about ups and downs.Now if you would continue that then you must stop doing trade.Find an alternative source of income that fits to you and not making you panic.
Trading is obviously not for everyone.I have seen so many people that even after so much learning, they just cannot get rid of greed and emotions sometimes and then they always let it take away the better part of them.
You just have to understand that it is a market full of speculations and predictions and you must never let greed most especially get on you. Have a plan, stick to it and execute it as at when due.
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Keep holding, you should set a target that you want to achieve when you bought the coin, and a reasonable target based on the research that you've done not some moon target. If you have a target then you'll stick to it because you know that coin will reach the target, you can also buy more to reduce the average cost of your coin if you really believe it will become a successful project. Also don't forget to set a stop limit incase something go wrong. And in general, I sell altscoin at the bottom
There is an old saying: "Master Emotions And You'll Master The Market" - I know that this is not easy to do, but unfortunately this is the only way to follow if you want to be a successful trader.
You need to understand that trading is finding a golden proportion between Fear and Greed - With altcoin/cryptocurrency trading it is even harder to find the best position.
Uncertainty creates emotional turbulence as there is no telling what future value of altcoin will be. And I will tell you this: the point of maximum financial opportunity is always linked to the lowest price.
You need to understand that trading is finding a golden proportion between Fear and Greed - With altcoin/cryptocurrency trading it is even harder to find the best position.
Uncertainty creates emotional turbulence as there is no telling what future value of altcoin will be. And I will tell you this: the point of maximum financial opportunity is always linked to the lowest price.
Very well said honestly, but as human beings, we're not able to control our emotions all the time. Reddish market can affect our emotions very negatively and this causes us to open wrong positions on the market. Like buying expensive coins or selling with cheap prices.
Probably, the best is waiting until the market turns into green during dump and crash times.
Yes, I understand that feeling, I have also experienced a few times. There will be no big deal until everything becomes dark red, anxious and frightened are the inevitable feeling. If you are an experienced trader, you can anticipate landings based on charts, forex analysis techniques and maybe a little hunch. However, most of us can not do that. What we should do is must very calm, control our minds, not to panic and make wrong decisions. Look at relevant information to know what to do next and make a rational decision
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
I think it is bad idea to sell your tokens at low price because the money you buy to get will be wasted. You should control your emtions at trading because if not then it will lead to your loss. In my case if I have seen my tokens is at low price I will hold it and sometimes I will buy more and I'll wait till it pump again before I sell it. And in general, I sell altscoin at the bottom
its wrong to sell your altcoin if the day of red..because not all the time the market is red due to fluctuations panic is the way to los your coin if the market is red much better to buy than to sell....
Buy more is my way for anticipating what will happen, as today where altcoins are all sharply weakened. I have reserve fund to deal with this condition. So, I am no need to worry about potential losses that i suffered. Moreover, I only hold strong altcoin like ETH or has many holders.
I agree with you, if we know to divide the funds appropriately, it is likely to earn more BTC and buy more than good options but in trading may BTC price will increase rapidly and buy more will make you lose your temper 
Buy more is my way for anticipating what will happen, as today where altcoins are all sharply weakened. I have reserve fund to deal with this condition. So, I am no need to worry about potential losses that i suffered. Moreover, I only hold strong altcoin like ETH or has many holders.
There's nothing to do when altcoins price decline significantly, just wait until the time come for those coins to rise. It's normal thing in trading market, as people invest to extract profit, whenever bitcoin price increase, altcoins tend to fall. That's why, invest in bitcoin is better for long term and consider has slight risk than invest in altcoins. But, doesn't mean bitcoin will always give you highest profit as altcoins price are cheaper than bitcoin, you may get bigger profits by purchase more coins, big in multiplier number.
There is an old saying: "Master Emotions And You'll Master The Market" - I know that this is not easy to do, but unfortunately this is the only way to follow if you want to be a successful trader.
You need to understand that trading is finding a golden proportion between Fear and Greed - With altcoin/cryptocurrency trading it is even harder to find the best position.
Uncertainty creates emotional turbulence as there is no telling what future value of altcoin will be. And I will tell you this: the point of maximum financial opportunity is always linked to the lowest price.
You need to understand that trading is finding a golden proportion between Fear and Greed - With altcoin/cryptocurrency trading it is even harder to find the best position.
Uncertainty creates emotional turbulence as there is no telling what future value of altcoin will be. And I will tell you this: the point of maximum financial opportunity is always linked to the lowest price.
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
And in general, I sell altscoin at the bottom
You should try to control your emotions if you want to be a successful trader. Altcoins dropping is not always bad. You should see it as an opportunity to buy more of that good altcoins. The more you have when it drops, the more profit you will take when the price recovers. But this is only true if you are holding a good coin, not a pump and dump sh*t coin.
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