What will you do when the market goes down? This is my advice - page 3.

ausbit

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Quote from: MFahad on April 02, 2019, 10:40:34 PM

I don't think it has any problem, if we hold ETH and bitcoin for a long time, these are basic coins of crypto and if we want to big profit from them, then we must need to hold them for a time.
As you said sell the ETH and bitcoin when market down, i also disagree with you, when market down then we sell them, we are doing double mistake. When market down just hold them, with a passage of time, definitely ETH and bitcoin give us triple or more than it profit. Now you could see the bitcoin price has started to go up.

He is just trying to corrupt the mindset of those that will hold their coin with his own impatient. Holding depend on the level of patience and strategy of each of the investors, not everyone can trade or do shorts one like he said, the most important thing is that everyone benefits from their investment.

So,holding to me is still the best option for investment in cryptocurrency, especially when the investment is being done during bear market, it will really end up given a very great profit in future, it is best to make short trades when it is the only source of income for one but if it is not, then long term option will be best.

kaya11

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Already tried this but trading is really not for me. I have been cursed I think. When I try to sell when market is down, it bounces back again leaving me behind and a little bit of loss. So I never tried on trading again, it is really not for me and for some folks out there. Talent, Analytical Skills, Hard work, money and most of all LUCK.

BigTeeths

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Quote from: tranthiky on January 10, 2019, 12:00:01 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

I think this perfectly works in a bear period. Everything is under uncertainty so you are much safer if you sold early after seeing it dropping between 3%-5% in a day. The price will always go down after gaining because the major sentiment of traders on that period will always be negative.

novaprime

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Quote from: prtty2gal2 on April 03, 2019, 02:56:08 AM

Quote from: wayancrypto on April 01, 2019, 10:03:21 PM

That not easy, to make profit in crypto market we should be understanding how the trend of market. There are only 2 trend on crypto market, that is bullish and bearish and we should be enter to the market when any sign bull market will start, just like now will be the best times to enter in to crypto market. Just doing long term trading we can earn 10x profit juat afew month in this price of crypto.

Yes it would have been the best time to buy now which many people actually did like I did to but we still had lots of people who crashed the price again, high percentage of holders panic sell when the bitcoin price rose to some extent while waiting for it to fall again to buy and because of this, we couldn’t see price clock $5000 which we ought to have seen if many of them had been patient.

Anyway, I expected this, the bear market was too long that many people couldn’t wait to see the bull run, the little bull run they saw today, amazed a lot of people who invested when price was $3k and saw it as an opportunity to take profit which was a wrong idea, but I do hope that they will reinvest again to push the price back up.

Stability is required for Bitcoin at this time. If the value of Bitcoin can be stable in the coming time, we will see more volatility and it will certainly trigger an uptrend in the market. It may be difficult to raise prices, but if everyone has the best optimism then it will only be a matter of time before things start so be patient and choose a good investment right now

Kiweikoo

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We have seen the market go down countless number of time that I am getting used to seeing dip already, I joined the crypto community in 2014, and ever since then, I have seen Bitcoin dropped countless number of time even up to 60% loss, but we would always see a rise in price, yet a lot of persons don't want to learn from the past and hold strong to the crypto market, instead they just give up on the market and believe that nothing good is going to come out from it, when will people learn lesson from previous report.

peter0425

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Quote from: Pattart on April 02, 2019, 12:09:54 AM

Quote from: susila_bai on February 24, 2019, 01:43:16 PM

What OP is telling is the standard procedure for the short term traders and which can give you good ROI profit in long term, Same thing happened today shortterm traders started to take profit and panic sellers sold it more and market went low. But still market has got support and if it is not broken then next week we can see btc price moving above 4500+

If traders and investors are not light-handed (very easy to sell) when prices rise only a few percent. of course the price can go up high, because today's, many users will do panic selling when the price rises even with small margin, to take immediate profit. that makes the price still stuck in this position

With the current situation that we have? I don't think that there are a lot of sellers at this point. Just look at the volumes, steady at $20 b at day. The situation has improved a lot so If there is a good advise now, that is to continue to hold and wait for the price to go to 5 digits again.

prtty2gal2

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Quote from: wayancrypto on April 01, 2019, 10:03:21 PM

That not easy, to make profit in crypto market we should be understanding how the trend of market. There are only 2 trend on crypto market, that is bullish and bearish and we should be enter to the market when any sign bull market will start, just like now will be the best times to enter in to crypto market. Just doing long term trading we can earn 10x profit juat afew month in this price of crypto.

Yes it would have been the best time to buy now which many people actually did like I did to but we still had lots of people who crashed the price again, high percentage of holders panic sell when the bitcoin price rose to some extent while waiting for it to fall again to buy and because of this, we couldn’t see price clock $5000 which we ought to have seen if many of them had been patient.

Anyway, I expected this, the bear market was too long that many people couldn’t wait to see the bull run, the little bull run they saw today, amazed a lot of people who invested when price was $3k and saw it as an opportunity to take profit which was a wrong idea, but I do hope that they will reinvest again to push the price back up.

MFahad

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Quote from: tranthiky on January 10, 2019, 12:00:01 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

I don't think it has any problem, if we hold ETH and bitcoin for a long time, these are basic coins of crypto and if we want to big profit from them, then we must need to hold them for a time.
As you said sell the ETH and bitcoin when market down, i also disagree with you, when market down then we sell them, we are doing double mistake. When market down just hold them, with a passage of time, definitely ETH and bitcoin give us triple or more than it profit. Now you could see the bitcoin price has started to go up.

cryptoblue77

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Well, things often don't work according to our plans. Anyway, your advice is good. It is true that we are all looking for big profits if we set our target to small profits then we would be successful in trading.

mersal

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I also do what everyone can do in this situation because that thought process are always common for everyone in the market is getting low I am trying to sell my investment and make it safe to my hands but right now in this situation we need to be more clear and more intelligence otherwise or profit will be affected by our decision.

Tungsten-1

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Quote from: bering on April 02, 2019, 04:02:39 AM

Sell all of your altcoins and bitcoin to stable coin when the price goes down indeed i had been heard this advice through my friends that if the price down usually they convert all of their crypto asset to stable coin and cut their loss indeed they lost 10% or less from their initial capital but usually you could buy more and not impossible to get 5% profit or more if the price bounce back so i think this advice was make sense

Indeed when time falls it use to rise as well but waiting for right time is important too, at this time selling is just like letting the market fall even more than this, price has surety chances to rise so don’t lose your patience and don’t trade until you be sure about your profit, don’t hope for fast profit, patience heals everything.

pragna

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Quote from: tranthiky on January 10, 2019, 12:00:01 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

This is very interesting and good theory also as i follow maximum of your theory earlier. But problem is you said to buy stable coin when market goes down. How you will select stable coin in dull market. Otherwise trading is the best method i think always.

Landak

hero member

Activity: 1386

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Probability that there are already many people who are aware of it but in reality it is not easy to do that, make a stop loss before it's too late and continue trading to get a profit even a little.
Most people might choose to buy more and never sell back even though they have lost a lot.
this is my advice, save the asset in your portfolio and trade again without having to touch the asset.

bering

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Sell all of your altcoins and bitcoin to stable coin when the price goes down indeed i had been heard this advice through my friends that if the price down usually they convert all of their crypto asset to stable coin and cut their loss indeed they lost 10% or less from their initial capital but usually you could buy more and not impossible to get 5% profit or more if the price bounce back so i think this advice was make sense

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: susila_bai on February 24, 2019, 01:43:16 PM

What OP is telling is the standard procedure for the short term traders and which can give you good ROI profit in long term, Same thing happened today shortterm traders started to take profit and panic sellers sold it more and market went low. But still market has got support and if it is not broken then next week we can see btc price moving above 4500+

If traders and investors are not light-handed (very easy to sell) when prices rise only a few percent. of course the price can go up high, because today's, many users will do panic selling when the price rises even with small margin, to take immediate profit. that makes the price still stuck in this position

wayancrypto

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That not easy, to make profit in crypto market we should be understanding how the trend of market. There are only 2 trend on crypto market, that is bullish and bearish and we should be enter to the market when any sign bull market will start, just like now will be the best times to enter in to crypto market. Just doing long term trading we can earn 10x profit juat afew month in this price of crypto.

whirlcoin

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Quote from: tranthiky on January 10, 2019, 12:00:01 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

there is no other way to stay here with patients because the market is not in our hand then hoping only will give the confidence and make the investment was triangle if the Bitcoin and ethereum will fall into the underground then surviving is more difficult here so taking quick decision will be very important at this time.

akram143

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Quote from: Wipangga on February 24, 2019, 01:45:55 PM

if we see the market price falling, what I'm doing is holding back my investment in trading, and I also won't lose profits by selling increasing market prices. because now the market price development is also getting better.

managing the last will be more important while the investment was reducing its value so we need to more careful in this type of situation because if we made a little mistakes it will goes to the huge loss so thinking with patients will be good idea.

Coin-Desk

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When the market conditions are poor, I follow some rules. If the market is bad, I never become impatient. Because I know there will be no such situation in the market. Very soon the market conditions will be as good as before. So if the market is in bad condition then I stop selling the coins. Then I became more careful to buy coins. Because the prices of coins are low when the market is bad, then when the coins are purchased, the coins can be sold at a higher price later on. So I obey this rule when the market was down.

Thank you

Wipangga

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if we see the market price falling, what I'm doing is holding back my investment in trading, and I also won't lose profits by selling increasing market prices. because now the market price development is also getting better.

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