Bitcoin Forum

Guys every coin a buy the price automatically goes down ... contact off  we can may take advantage of that algorithm behaviour

ac-- 

I guess this happens to most of the traders, and yes including me.

Whenever I buy, than be it in Crypto or Stock or other financial assets, this has happens to me almost in 70 percent of trades. I think probably I'm taking trades without considering any proper buying or exit strategy, which lands me in a situation where I buy and ultimately prices go down immediately after that. So eventually I hold on to that trade or rather cut off immediately after small loss.

Please list your portfolio so can know which coins not to buy :D But really, there is nothing to worry about, only coin that is going to be profitable in this market is ethereum classic, please don't buy any!

You are not the only one who do experience such thing and rest assured most investors or traders do experience that thing. Its been always a normal part because of volatility and we can only thought that we are the ones who are not lucky because when we buy it drops but thinking on the general side you are not the only one is being dragged on the bottom.This is why trading or investing do really needs intellect and be wise on when to get out on a particular movement.

Do not worry. Such situations happen with a lot of traders who have recently started trading in the cryptocurrency market. If you bought a coin and it began to fall, do not sell it immediately, but wait until it grows up again (the main thing is not to panic).

This is just normal dud, we are on the bear market so not wouldn't be surprise if almost all coin now goes down. Just be optimistic and hope for the best. The green will come and surely your hardwork and investment will be rewarded with huge profit. Just be patient, now is the best time to buy and hold.

Still very vague. Not sure what you mean. Can you tell in detail what you mean so we can all understand and discuss. Really look forward to hearing from you

This is normal thing in crypto world and now everything is going down and down because of bear market.

Try trading with stop-loss to avoid risk. Or wait for green market. I bought some coins by seeing its technology at $28 in last December. But now that coin dropped down to $2. But i believe the technology and team so still holding those.

 ;D scary though but what I think that happens is that you buy the coins are the wrong times. When buying a coin, we need to do that when price is reasonably lower so that it does not take time to hit the road.

Welp. Sometimes we just buy at the wrong time. You probably buy coins that has increased significantly a few days or weeks ago, hence you experienced a correction on the coin/token you bought. If it makes you feel better, this definitely isn't rare. It happens to a lot of people(think of the people who bought at the peak on December).

Dont worry Situation is that Every person think , If he sell now He will we safe from futher loss. But its wrong If he hold now for 6 month atleast I can say he can make 100% profit.

This is normal in crypto look at difference in 2016 and 2017 Prices You will understand how It Rise in short time period... They current situation we need to support bitcoin

Admit it that you both are only unlucky lol

I use to experienced this twice in a row that the consecutive coins I bought drops a big after buying it,so i come to the same conclusion until I finally realized that i only need to make research about the coins i must do,thats why now im good on this,so maybe you two do the same thing,make a good study first before purchasing

We need to be ready for profit and lost in trading, because profit and lost is part of trading. , you need to change your strategy and planning if you continue losing your money in trading. It will at least prevent you from a big lost. You should take a decision when you become too much conform about some thing. Taking decision wihtout any analysis is not a good idea, it can cause a big lost for you.

That is the nature of crypto. Probably you bought from the exchange so cheep by setting a price that seem to dump the coin. So shall someone also follow the same trend and the coinseem to drop in value. Amy way, the market has not been good this very year so try and hold it for sometime.

hihi, just simply diversify and don't invest too much into one thing, specially newer currencies, you can see cmc that there are projects which simply follow the big ones and some are gaining even during this market.

This happens most of the time but did you tried holding it for few days. Coz sometimes when we buy some coins coincidently that coins value goes down and later when we exit that coins value goes up.

Same for me. But what would you do right after that matter. If you sell, you will just lose money. Thats why dont put all eggs in one basket. Invest in other projects while waiting for that coin to come up

kinda funny, I always think this way. But found out myself that every coin goes down but surely it will go up too, Just don't watch the coinmarketcap every now and then for you not to see it red , anyway don't buy the green but the red :p

Price of crypto really unpredictable and technical analysis is dont work, but to avoid this risk we should use stop loss in every trade and when any indicate the market  still on bearish for the better quit from the market and dont trade a few days and back again when any sign the market back to bullish.

Iam in the same situation, too big loss even more than 50%. And i dont have any idea to recover the loss, i can only wait for the market turn in to bullish.This is my loss should be become experienced for me , and later i can make greater strategy how to manage better of risk crypto investment.

Lol. Its just a coincidence buddy. However, since we are in a bear market, you should not be surprise because simply every coins/tokens are going down without any reason. Maybe you need to get out and not buy at this point or just invest on a few coins that is cheap and not touch them for the next coming months. But once this market recovers again, I'm sure that gravity can't stop the price from increasing, and you might even get the profit that you are all hoping since joining this market.


Then the only strategy is to really wait mate. If you sell then you will get a negatives, which every one does like it. And just remember that by holding, you are still not losing money.

Market is slow and in down trend for long term period, I also not happy as you. No one can take profit in this situation, trust me. Many people wait the right time to buy back but their money get stuck, not good. Rest of them already replace ( cut loss ) their crypto into currency because they want to protect their asset from bigger lost. You can do anything you want but for me, leave market is good option ( for now ).

It is normal in a bearish market. My total asset even fell down below 40% of my total investment. Anyways, theres always a bull season to look into. We just have to keep the faith and extend our patience.

Well ;D I agree with you to some extent, but that is not true in the overall market. Yes there is a panic going on right now and the trend is still down and it is weakening day by day. Right now everything is going down except few coins which are listed a few months back. I think the right thing to follow in this panic weak market is to follow & apply the contrarian approach or apply the following Dow theory (trending approach) in your trades so that you at least make some money when you enter positions in the right direction.

We often tend to buy at the wrong time. We see the price of the coin growing and think to buy in but just as we do that the price falls down due to a minor correction or whatsoever.
We think that this happens only with us but in reality, most of the people had faced it already. I don't think it's a thing to worry about.
We just have to set out targets right.

It is not a problem and @op may be experienced what happened to every coin. Some people are afraid and that is why they keep losing money.  Any assets that people buy and sell in other to make profits from always move in the cycle and many people see this cycle as bad luck on their side.

It is a made believe that it has to follow cycle, I don’t see anything following cycle here because it is not being remote.what basically control the prices of these coin is the number of demands that they get for such project’s product at a particular time, and the reason why we see majority of these coins not really growing in value which we attribute to cycling is because they sell more of their investment strength than they sell their product to the public.

If they sell more of what they have to offer to the public, and the public uses their product from time to time, as they put money into the market through the demand of the product, the value of the coin would keep rising even in bear market but none of them works towards this, that is why their value is simply crashing from time to time.

Shit happens.
Or is it shit that you bought?

That aint new to old timers here. Before I thought I have bad luck having the same experience.
But afterwards I saw I am just making bad decision. Buying at the wrong time.
Those should be lessons. Do not embrace it.

Well it could be a wrong timing for us. I am also a victim of wrong entry in market. Supposedly, I am planning to have a bottom pick. Yet, the tendency of my trades goes down whenever I bought coins. But instead of selling it, I hold it and look for a profit even in smaller amount. I don't want to cut my loss instantly. Because I know that everything will become fine once the market recovers.

Wrong moment, just like selling & buying. The best thing we can do it only to manage your cryptocurrency portfolio, set the percentage for the profit/stop loss.

Investment not always predicts the profit, but also you must predict how much percentage you can afford to lose. It's really hard for a common trader to face this kind of situation, also i meet this situation several times.

I started trading a few weeks ago, and made a real effort to do technical analysis before making any trades.  Record so far?  8 trades, 8 losses.  I started with $1200 and am now down to $850.  Fortunately, the money I am using was from ETH that I had held onto from a couple of years ago, so the loss doesn't hurt.

I simply cannot time my entries, and I do set decent stop losses but these get activated and I sell at a loss.  A bit frustrating!

Alas, that sounds really bad bro. Stop loss is a great tool to minimize losses but if you don't know how to use then it could eat up your whole investment.
If you saw losses continuously then you should have stopped using that strategy but you kept on using it resulting in such losses.
Not losing hope is a good thing but we must be smart to know when to change the strategy if it isn't working right mate.

We cannot predict it. The other day, I found an article (which was written in 2016 only, not long ago!). there, the so-called crypto expert writes that he is sure that in several years, Bitcoin "can reach 10 thousand dollars". However, in a year (I mean after the publication) BTC jumped to 20 thousand. Therefore, these predictions do not mean much.

I think you don't have much idea to buy any coin or trading .You need to learn many things before invest .You need to research yourself about the project which coin you are buying .You also need to see the trending of the market as well .I think you have learnt many things cause you  just cost your much investment .Just keep watching every site of the market you will get many thing and you will be profited as well.

can you pls update us in real time whenever you buy :)

Everyone feels the same thing but it is not about you, unfortunately altcoins are having some bad times and all of them are falling very critically, which means even if you buy any coin and then sell it and move to another coin and that falls and move ... you can keep doing that forever and as long as the market falls whatever you buy will fall.

Only thing that is not constantly falling is bitcoin and even that is falling time to time and going up on other times so there is a big chance you hit that too. So, it is not just about you, anyone who ever bought any altcoin in the past 1.5 years will be saying the same thing and that applies to all of us here without exception. Only coin I know that went up during this time period has been BNB because binance managed to do some great things.

Haha same like me. I too, at the time I buy coin not too long the price is droping.

Everyone here is in the same situation,everyone says it happens with them, whenever they buy something it immediately goes down. To overcome this situation everyone must know that market moves in a zigzag manner. There are always retacement in an uptrend or in a downtrend, one must wait for the right opportunity to trigger the trade.
First of all recolonize the trend by looking at HH HL or LL LH (If you do not know about it just go to babypips and learn some basics). If its an uptrend then there must of HH and HL do not buy anything at peak, wait for the price to comedown a bit and form HL and vice versa in downtrend. Try to draw trend lines, practice it a bit and you will realize that trade you are taking does not always go opposite to your action.

Have one friend who is unlucky like you and everytime when he buys coin, price is on max and then goes down. Invested in bitconnect and soon everything went down. It made me to joke him that I'll sell my coins once he buys them but haven't tried, usually in such situations so unlucky things happens that when you buy at that time, price will go up and your unlucky mate will turn into lucky one and in overall you swipe the roles.

Not much you can really do but perhaps do some more analysis or improve your analysis so you aren't buying into downtrends as much, though there are times when you're simply a bit unlucky too. Some trades just go down initially and end up going back up again, though, so if possible it's a good idea to set stoplosses to ensure you're not losing more than you have planned. Wait for a good setup to appear and then trade, let the trade come to you. If it keeps happening, just take a break and come back later.

There is no loss that does not hurt, you have to first erase that from your mind that you can do without that little, hold every 1 cent that you have in that market as it is dear to you, that will help you to be a little careful in your trading always when you have the mindset that you don’t want to lose but win.

I do not know if this would be your first time of trading, but if it is, chances are that you may lose your trade few times before you get it right, and I believe that as you are trading and loosing, you are already keeping a journal of your trade, because that is going to point you to your mistakes which is what you need to adjust on for you to have a less frustrating and better trading.

If I were you, I will quickly out that money into bitcoin so that it can quickly generate that $150 back when it gets to $15k, then use that period to work more on your strategy.

We might not be talking about "gravity rulez" here or even bad luck it will most probably go down to your own trading style. If you are that kind of trader in the market where you try to catch up on the hype train or even try to buy while the price action is already on its climax then more likely than not you have bought a losing position. Entry especially in the bull market is the most important thing for you to determine if you will profit from it or not it will make or break your trade just by knowing what price you will buy your position. My advice is if you haven't bought something that is already going up and you don't have a position for it beforehand I would just avoid it entirely rather than risking my limited capital if not you can still try to enter but do have an exit strategy and prepare to cut losses when that happened.

You have a magic touch, I guess. Whenever I whatever cryptos you pick, it goes drop suddenly. I want to follow your movement, so I can avoid being bankrupt.

Just kidding,

Anyone would experience that, especially in trading. We're watching the up trending of every cryptos of our choice, then, when we bought, it dives deep.

This is a matter of timing, any new or adventurer on becoming traders needs to understand the basic concept of trading.

Now, probably, many traders can say the same thing to themselves. There is nothing surprising. Now there is a phase in which the main coin is Bitcoin. But times are changing. A good idea is to buy a bit of altcoins.

Except one is good at doing very good analysis using technical and fundamental combined with other methods of knowing the real direction of the value of a coin at a particular given time, it may be very quiet difficult not to fall for fomo, especially when it is coming from a coin that we so much trusted, look at the last time that bitcoin got to $13800, with every analysis that I did, and which majority of people did, it was pointing towards the value heading for $15k, and we could see majority of us falling for fomo and buying at$13800, especially we that does shorts a lot in the market, but look at where we have been since then, so we just have to be very careful and be extremely patient if we don’t want to be a victim of fomo at any time.

For those who do just trade up without any basis where they do get or buy in without analysis or basis would most likely act as a gambling.You wouldn't know on what would happen next since you aren't basing anything.

All of us do really experience this gravity rules in trading for sure.Anytime you bought in and suddenly the price drops then it do create some panic in mind and you later on sell off after that incident which causes for you to lost money instead of just simply holding it down.

If the theory that anything you touch would go down was real the clearest choice would be leveraging your purchases against yourself in a place like bitmex. You would buy bitcoin somewhere and before that you would put a shot future with high leverage as well at the same time and because you bought bitcoin the price would fall and you would make money.

However, since it is just a psychological thing and you never really know how much you are right and if the price would fall just because you bought is uncertain nobody really does that. It is a feeling and everybody feels that time to time, there are months or even YEARS without profit and than one day you make enough to recover all of it, that is why patience is the biggest key in bitcoin and all of crypto, be patient and you will be rewarded.

Its possible that you don't check the coin first before you decide to hit the Buy button. If you choose a coin that is in the green already and the price difference in 24 hours is higher than 5% to 10%, expect that price will go down anytime soon unless there is a huge demand for that coin. That's why if you plan to Buy an coin, check the price difference first if its too much already.

One thing I have noticed about some people is that they don’t really get to know much about altcoins before investing. Bitcoin is different and most of the news that comes up usually focuses on Bitcoin and its very possible that before investing in Bitcoin you already know about it. But why don’t you do the same when it comes to altcoins?

Some people don’t do proper research on the ALTCOIN they want to invest to know everything about it, but they just invest because of what they hear people say. That’s one of the reasons it’s best to only invest in just one cryptocurrency, cause that way you’re sure of giving it all your attention, reading news about it and focusing your analysis on just that coin.

Some people here are just gambling in the name of trading, one person here would just be investing up to 50 coins and he or she knows nothing about 45, then how do you plan to achieve there? Better to focus on only one that you can give all your attention or any number of coins that you’re sure you would give your all attention. That way you wouldn’t be making so much mistake and you would be knowing what to do and when to do it.