Topic: What will you do when the market goes down? This is my advice - page 4. (Read 817 times)
February 24, 2019, 02:43:16 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+
February 24, 2019, 02:34:49 PM
Each procedure can be great in the correct minute, likewise any methodology can demolish you on the off chance that you do it in the wrong minute. Exchanging is tied in with picking minutes for purchasing and moving, yet on the off chance that you are a genuine dealer than you have bitcoins and cash, and gold and numerous different resources gracious holding. Individuals can't comprehend a certain something, you never exchange with all that you got. You never bet with all that you have, you have to realize the amount you intend to spend today and to have for tomorrow, and if there should arise an occurrence of market sudden turns you need different resources for spread some loses and proceed.
February 24, 2019, 01:56:40 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
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
Wait until the market goes up...?
How do you know, with short term trades, how much higher it will go or how much longer?
The problem with short term trading (or swing trades) is that you go in and out of the markets, because in fact you don't believe that the specific crypto you are trading will be relevant for the long run. If you really believe in the bitcoin/blockchain story, you don't buy and sell immediately.
That's not investing, that's gambling. And if you're so much into gambling, check out Faireum.io
You'll make a heck of a lot more with transparent gambling and fair odds, compared to going in and out of the markets.
PS This is not financial advise
February 24, 2019, 01:42:44 PM
I see the market in this way.
There was a good volume which caused the price to go up, it means that there was an offer, it continued to rise and it reached the point where the Strong Hands (Those in charge of raising the price, with Volume) Law of Effort-Result, according to Wyckoff, had to take earnings and profits was through a correction, since at 3800.3900USD, there was a good pull of liquidity ...
That way, it's like I personally see the market, now what I think is, it can go up a bit more, but there will be another correction, there are other pulls of liquedez for 3400-3600USD, but of course, the wisest thing is to wait, since the Volatility is what makes this exciting.
There was a good volume which caused the price to go up, it means that there was an offer, it continued to rise and it reached the point where the Strong Hands (Those in charge of raising the price, with Volume) Law of Effort-Result, according to Wyckoff, had to take earnings and profits was through a correction, since at 3800.3900USD, there was a good pull of liquidity ...
That way, it's like I personally see the market, now what I think is, it can go up a bit more, but there will be another correction, there are other pulls of liquedez for 3400-3600USD, but of course, the wisest thing is to wait, since the Volatility is what makes this exciting.
February 24, 2019, 01:25:45 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 it's better if you will only sell half. Thus, you're still able to gain profit if market bounces from its bearish market to bullish market. However, if you really don't want to risk something, this would you do.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
February 23, 2019, 05:35:22 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
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
Good advise and yes, when the market is going down, it's much advised to exchange any altcoin to USDT which is stable coin. Then when other coin values goes down, buy it with Tether.
As you said yes, set a minimum threshold of profits from 5 to 10 percent. Though it takes time and energy, it's much advised to do so. You need to be much patient.
February 23, 2019, 03:59:58 PM
My defense mechanism against going down is always buying more on the down side, when the price is going up I tend to not buy anything, I try to even sell my coins (I have multiple coins and if I see one of them go high too much I sell that, not all of my coins but just that coin) without really a bull look there is no point of keep buying during an increase, it is always smarter to just buy during going down and sell during going up.
So, if the market goes down that means time for me to buy more coins, if the market is going up then I sell so I will have capital to buy during the going down period. I wasn't always like this and bought while going up and sold while going down and I can testify that this new version is much better than the one I use to do.
So, if the market goes down that means time for me to buy more coins, if the market is going up then I sell so I will have capital to buy during the going down period. I wasn't always like this and bought while going up and sold while going down and I can testify that this new version is much better than the one I use to do.
February 23, 2019, 03:51:41 PM
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.
At the same time, do you know that the market can revert to profit and give you some percentage as soon as you exit. Sometimes, some losses turn to profit within seconds as far as trade is concern.
February 23, 2019, 12:13:02 AM
We have different strategies thus if you think that is the best for you so be it. In my case I prefer to hold bitcoin, eth and other popular coins because its more secure and unlikely to become delisted in any exchanges. Moreover popular coins are well-established and less risky to invest in, especially if you are aiming for long term hodling and profit.
The good thing about it is even their prices are declining you are confident that they can recover back their status once the market turns green.
The good thing about it is even their prices are declining you are confident that they can recover back their status once the market turns green.
February 22, 2019, 11:52:37 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
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
Wait until the market goes up...?
How do you know, with short term trades, how much higher it will go or how much longer?
The problem with short term trading (or swing trades) is that you go in and out of the markets, because in fact you don't believe that the specific crypto you are trading will be relevant for the long run. If you really believe in the bitcoin/blockchain story, you don't buy and sell immediately.
That's not investing, that's gambling. And if you're so much into gambling, check out Faireum.io
You'll make a heck of a lot more with transparent gambling and fair odds, compared to going in and out of the markets.
PS This is not financial advise
February 22, 2019, 09:31:55 AM
Why yoy sell your ethereum abd bitcoin when the market goes down? Im not do that because in the first place as far As I know the ethereum and bitcoin will be increase first before the other coin so it is not a good Idea to convert the two coin that you mentioned to the other xoin there is no stable coin during the market goes down it will decrease mostly you're luck if you find something .
Everyone have its choice and so our own decisions but it sometimes we've been affected through our emotions which mostly brought us into mistakes. Besides, not all of us are so optimistic and might those person who sell their coins during the bear season will just have taking into assurance that the could get something from there money but not thinking of their losses.
February 22, 2019, 09:25:49 AM
For me, I see it very simple, if the market falls, I must go down and win while I'm low, I'm not the optimistic type or looking for shorts, I just follow the trend line of least resistance to take advantage, for this I have to analyze Very well the Market, which is very easy if you have a financial education that has not been corrupted only by technical analysis, if at least there is an understanding of why movements occur, I will have an idea of what direction the market takes.
February 22, 2019, 05:54:20 AM
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
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
Sell all ETH and BTC you said??? I don't think so.
BTC is stable coin, do you thinking BTC not stable coin
February 21, 2019, 08:26:17 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 it's better if you will only sell half. Thus, you're still able to gain profit if market bounces from its bearish market to bullish market. However, if you really don't want to risk something, this would you do. 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
February 21, 2019, 07:59:51 PM
Why yoy sell your ethereum abd bitcoin when the market goes down? Im not do that because in the first place as far As I know the ethereum and bitcoin will be increase first before the other coin so it is not a good Idea to convert the two coin that you mentioned to the other xoin there is no stable coin during the market goes down it will decrease mostly you're luck if you find something .
February 21, 2019, 06:18:27 PM
if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions, and holding back is not a bad idea if the price reduction only occurs in a small margin
February 21, 2019, 05:48:57 PM
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.
At the same time, do you know that the market can revert to profit and give you some percentage as soon as you exit. Sometimes, some losses turn to profit within seconds as far as trade is concern.
February 21, 2019, 05:17:08 PM
It is very easy, you can take advantage of the dump and also make lots of profit. For example, you have 1 Btc which is worth $4000 and you saw that Bitcoin is about to dump, just swap your Bitcoin for USDT, wait for the dump, and when you think it has gotten to the pick, you can now swap your $4000 to Bitcoin which will give you about 1.3 Btc instead of 1 Btc which you had initially.
February 15, 2019, 04:31:34 AM
if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions, and holding back is not a bad idea if the price reduction only occurs in a small margin
February 14, 2019, 10:49:28 PM
if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions, and holding back is not a bad idea if the price reduction only occurs in a small margin
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