What will you do when the market goes down? This is my advice

fullhdpixel

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Quote from: cydrix on April 10, 2019, 08:53:30 AM

First of all I will do my best to endure that frustration to gain some money and if that won't make it work I think the best choice is to sell of your money and start a new investment in which you also gamble. The thing is no matter where you go risk is always nearby there are always risk especially in investing money on crypto's.

I have been looking very close at the market since long and I understand very precisely that if you are in the down market, you should make use of it by investing as the cost of investment is a down market is considerably low.

If you do that, you would be very able to maximize your profit once the market starts recovering. So, what I plan to do the next bear market is to speculate in Bitcoin and ETH. Keep analyzing about perfect buying points will help anyone to make use of falling down markets.

CryptoInsights

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Quote from: tranthiky on January 10, 2019, 01:00:01 PM

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell all ETH, BTC into Stable Coin when the market goes down

When the market is going down we can short the bets too. Or if we are that sure about the market going down then we can even do option trading. I am into trading so this is my suggestion probably your suggestion is good for holders.

kynaz

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Quote from: Xenrise on April 11, 2019, 01:36:07 AM

Quote from: tranthiky on January 10, 2019, 01:00:01 PM

Sell all ETH, BTC into Stable Coin when the market goes down

Your "advice" is quite normal and it is done by many people. Whenever the market goes down, it is advisable for you to store your BTC and alts to USDT for you to be safe. It is served as your "safe-haven."

USDT is the last shelter in this market and we can secure our assets when the market falls. I think keeping USDT when the market falls is an advantage because you will add a lot of new choices in investment and can buy any coin that is trending down but to do that you have to great patience and your decision will greatly affect your profit in the future

fullhdpixel

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Quote from: jazmuzika217 on April 10, 2019, 07:56:15 PM

Quote from: Ailmand on April 10, 2019, 03:24:22 PM

Every time the market goes down, we usually have regrets of not selling our coins when the prices are still high. But if we're into this business for a long time, we would be able to do the simple rule to gain a good profit no matter what the market situation is. Let's just take advantage of every market situation. Just buy more when the market goes down.

I agree to you buymore when price go down and put only 50% of your capital in the first buy then we have a another 50% stand by waiting for some changes if the market continue to down, this is what I'm doing in my trading not a totally 100% sure but it can minimize the risk.

You are right, if we can follow this strategy, we will be able to balance things and not have much gap between win and loss. I have been following these strategy too but I don’t do it often which could be tied to greed somehow.

Because, if I am fortunate to have the price seriously increase, it looks to me as if the 50% I left aside is a waste and would have done something better to give me more profit, but it’s true that we have to learn to trade smartly, it’s better to have something aside that we can use to balance up, since the market will not always go in one direction.

semobo

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Quote from: tranthiky on January 10, 2019, 01:00:01 PM

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell all ETH, BTC into Stable Coin when the market goes down

Not everyone are ready to take risk so they just stick with holding rather than doing trading for increasing the capital amount.BUt when someone have enough skills and time to trade then they should be definitely have to day trade or short term trade.

HatakeKakashi

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Maybe your prediction will not follow of the other because they have own decision this is only advice and it's upto them if they follow it or not but I want to make sure once the market down the right thing to is to buy more bitcoin and ethereum. Instead of converting any one of the the ethereum and bitcoin that you have make sure you will do your best to add more the coins with cheap price.

upsidedown75

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Quote from: cydrix on April 10, 2019, 08:53:30 AM

First of all I will do my best to endure that frustration to gain some money and if that won't make it work I think the best choice is to sell of your money and start a new investment in which you also gamble. The thing is no matter where you go risk is always nearby there are always risk especially in investing money on crypto's.

This is only advisable for stable coins or coins that is not so much in demand or dos experience lots of fluctuation, but for a coin like Bitcoin, it will be a very advise you give yourself to sell them off no matter how low the price maybe, and no matter how low, there will always be a picking point to the moon.

Every time there is a price drop in bitcoin should not be a point of withdrawal for us or point of selling off our assets, but should be a motivating point to buy more to add to the existing us, in future, we will surely see the positive effect of such action on the value of our investment.

Xenrise

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Quote from: tranthiky on January 10, 2019, 01:00:01 PM

Sell all ETH, BTC into Stable Coin when the market goes down

Your "advice" is quite normal and it is done by many people. Whenever the market goes down, it is advisable for you to store your BTC and alts to USDT for you to be safe. It is served as your "safe-haven."

lijian2019

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Fake News: This problem is everywhere. The news is like gossip. It may take a long time for them to destroy their reputation and rebuild what they destroy even without the truth. In sensitive markets such as Crypto-Currency, false news can cause huge damage, so we must always be vigilant not to let them degenerate. I don't think there is any need to worry about the so-called short-selling plan!

jazmuzika217

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Quote from: Ailmand on April 10, 2019, 03:24:22 PM

Every time the market goes down, we usually have regrets of not selling our coins when the prices are still high. But if we're into this business for a long time, we would be able to do the simple rule to gain a good profit no matter what the market situation is. Let's just take advantage of every market situation. Just buy more when the market goes down.

I agree to you buymore when price go down and put only 50% of your capital in the first buy then we have a another 50% stand by waiting for some changes if the market continue to down, this is what I'm doing in my trading not a totally 100% sure but it can minimize the risk.

Finestream

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Quote from: Ailmand on April 10, 2019, 03:24:22 PM

Every time the market goes down, we usually have regrets of not selling our coins when the prices are still high. But if we're into this business for a long time, we would be able to do the simple rule to gain a good profit no matter what the market situation is. Let's just take advantage of every market situation. Just buy more when the market goes down.

Right.Seize every moment in crypto market.If the price is in bearish,then start buying potential coins while its price is still low.And once its price increases and your target selling price has been reached,you can sell them and make profits.Sometimes holding for so long is not good at all.Atleast you still make consistent profits even if its not that huge.

jvdp

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Quote from: rysea2 on April 10, 2019, 03:46:04 PM

It seems easy, but in reality it will be very difficult. In fact there are no coins that can really stabilize when the price of Bitcoin or Ethereum starts throwing at the market. Because the decline in bitcoin will have a big impact on altcoin and can make panic everywhere.

It is how every newbies starts their journey in trading field. If the person really needs the profit they will buy the coins at the low price and have the trading experience cool. They need to have the mindset prepared for any thing and choose the right by analyzing the candles where the price turns up and where turns down.

rysea2

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It seems easy, but in reality it will be very difficult. In fact there are no coins that can really stabilize when the price of Bitcoin or Ethereum starts throwing at the market. Because the decline in bitcoin will have a big impact on altcoin and can make panic everywhere.

Ailmand

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Every time the market goes down, we usually have regrets of not selling our coins when the prices are still high. But if we're into this business for a long time, we would be able to do the simple rule to gain a good profit no matter what the market situation is. Let's just take advantage of every market situation. Just buy more when the market goes down.

cydrix

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First of all I will do my best to endure that frustration to gain some money and if that won't make it work I think the best choice is to sell of your money and start a new investment in which you also gamble. The thing is no matter where you go risk is always nearby there are always risk especially in investing money on crypto's.

Malsetid

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Quote from: senyorito123 on April 09, 2019, 03:56:54 AM

Quote from: xvids on April 08, 2019, 10:33:51 PM

Quote from: tranthiky on January 10, 2019, 01:00:01 PM

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell all ETH, BTC into Stable Coin when the market goes down

Well this is true I have some friends who didn't do this and when the market crash they couldn't do anything but to cry one of them lost almost 70% of his investment.
Back when I was holding some alt-coins I would usually set up a goal when to sell them .

There have been several factors why market seemed to be very volatile, it's regulation is just beginning, it is still progressing- it's brand new. Price drops unexpectedly, but I can see that it has been its normal trend and market has so much potential to recover. One of the most applied strategies is buying cryptocurrencies and holding on to them for a substantial period of time. Don't panic, stay patient while staying strategic and informed in dealing the volatile field of cryptocurrency. Volatility is part of market growth and in generating profit.

Sound advice for someone trying to make day trades. I think day traders need to practice this first and keep it at heart. You won't make 3 to 5 percent profit everyday but make that amount by majority of the month and you'll end up with good profits. Some people just aren't up for that kind of active trades.

NavI_027

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Quote from: tranthiky on January 10, 2019, 01:00:01 PM

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again.

Mainly because they're just scared to risk their money since they knew that they might lose. Oh! "scared" is a harsh term, saying "playing safe" is better

.

Quote from: tranthiky on January 10, 2019, 01:00:01 PM

If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

Of course because that's not a proper strategy for a trader, that was applicable for a hodler. Traders, whether daytraders or occasional traders, should be more aggressive and always keep an eye on the trend because if they're not then poor outcomes could happen, it could be either you lose opportunity to get profits or get losses (money below your capital).

bitzizzix

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When the market goes down I don't feel panicked and don't feel disappointed and because of its fluctuating nature and must be ready to accept it, not only enjoy when prices rise and benefit.
and what I do in cryptocurrency is investing in the long term, which is not always a problem when the market is down, because I'm sure where there is a decline there will definitely be an increase in the right time.
and my advice when the market goes down tries to calm down and holds a coin that you hold tight not to do the wrong thing or sell at the wrong time, and make a purchase when the market goes down and hold it to wait for the market to bounce back.

senyorito123

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Quote from: xvids on April 08, 2019, 10:33:51 PM

Quote from: tranthiky on January 10, 2019, 01:00:01 PM

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell all ETH, BTC into Stable Coin when the market goes down

Well this is true I have some friends who didn't do this and when the market crash they couldn't do anything but to cry one of them lost almost 70% of his investment.
Back when I was holding some alt-coins I would usually set up a goal when to sell them .

There have been several factors why market seemed to be very volatile, it's regulation is just beginning, it is still progressing- it's brand new. Price drops unexpectedly, but I can see that it has been its normal trend and market has so much potential to recover. One of the most applied strategies is buying cryptocurrencies and holding on to them for a substantial period of time. Don't panic, stay patient while staying strategic and informed in dealing the volatile field of cryptocurrency. Volatility is part of market growth and in generating profit.

kcirnhoj15

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We cannot predict what will happen to the price or the value of the coins as of now, the movement of its value is normal. By the way, my advice to you is to HODL them and wait for the coins to rise again and grow.

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