Bitcoin Forum

It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 

We can never know the flaws of market. You are right, market is really an headache just for today bitcoin hike reaches 9939 at binance and go back to 9500 plus. See the volatilty in just few hours you can gain and loss already huge. If you were not careful on monitoring the market and you are bidding a pricr you probably can missed the train. This is the scariest part of trading, you never really know when you are going to get rekt or gain profits. Unless you really buy at bottom low and sell now. Profits should be locked in if you reached the target, dont be greedy cause market is very tricky.

You are right, it get to a stage that I just halt my trading order, cancel everyone of them because I can't figure out where the market is heading, many predicts that price will dump but now Bitcoin is surging and so some few altcoins too, I'd rather just wait for any future dumps and buy back, at least I get out when Bitcoin hit 10k

that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.

Yeah bro, you are right, it is too stressful to follow up with market movements,  today I was watching in binance how btc was flying up to 9.9k+ but suddenly it just started going down to 9.6k+, all this happens within minutes, this can definitely stress someone out, at a time I thought it was beginning bullrun ;D

This is a clear indication that the market is larger than anyone and you cannot just sit around and follow all.

You need to have a strategy, which means you need to dyor always to have a strategy

You mean just like what happened when Bitcoin halving was coming? Most traders get rekt on the day that Bitcoin decline from 10k back to 8k, I'm glad I took my profit instantly, the best advice is never let greed consume you

I think my opinion as a day trader is simple! Just leave everything in balance, don't put the unnecessary weight in your shoulders, let it work as it was, and just ride with the flow don't fight it. Bulls and Bears come and go thats why it doesn't matter the most because it's a normal thing in the crypto industry. the volatility, Fud, Fomo, etc are all part of the system so don't make it more complicated for you, because, in the end, the results of all your action will determine your next move. whether you stay or out.

always take your profit every time you see the opportunity  to sell your coins in profit .

Keep in mind that you can easily rebut back the coins in much cheaper price so no need to be afraid of taking your profit every time you feel that its time to sell.

There are different strategies on selling assets, But there is a person who is just focused on the profit they can get so if you are that kind of person it's better to sell it then wait for another dump to happen. At least even if the price bounced back you get a profit from it. Profit is profit, right?

I guess that is not wrong. As long as you have the knowledge or the information to analyze the wave, I think you can follow the wave and that the benefit to yourself. But yes, it is difficult to analyze the wave since we don't know how high or how low the price will move so only with careful we can follow the wave. Don't feel that you can always take the profit because that can lead you to become greedy.

That is not wrong. If you like following every trade of others then you should be cautious if the trade will be beneficial for you or not. I don't find it wrong if you can manage yourself as you trade. This is a very volatile market and each thing you do must be considered and planned many times.
What is wrong is when you trade and lose and then you never absorb any lesson from it.

People that follow and dive into every market trend end up destroying themselves. I just pick few selected coins and trade them. I don't chase HYIP or already pumped coin. I let it go because there is another day in paradise.

It's not, he means about people must not try to get into the market when it was in the condition of a big waves (pump). People must think about their position when they were trying to get into the market at the pump.
It will be putting their position into the a big risk caused by we didn't know when the whale will be dumping the market again.

Don't follower in the market, that indicate you're not be able to be trader, don't know the technical and fundamental of trading. Its dangerous for follower who just decided to buy a lot of coin when its bullish, then hoping can get much profit with following the wave that you don't know what is that. Its very risky if you buy at highest price then its dump.

The market so far was so unpredictable and it's hard to determine when the price goes down or up. And this because of the volatility happened in the actual trade market. But if you know to yourself that you are one of the expert's trader well, for sure at the end of the day
you will always gain crypto

As a day trader, i follow the current trend and try to buy and place sell order at higher rate to earn daily profits but this never creates pressure on my shoulder for BTC and ETH. When i see the rate dumps after my purchase, i don't see regular market trend just for few days. After few days later, i just check once the price. We have to bear in mind that in trade, it either goes to bull or bear but this can't put pressure on shoulder.

That depends a lot on each person's knowledge, experience and trading method, but to do it like you is not easy, we need a long training process.

You can't really predict the movement of the market accurately every time, I think someone could manage to follow the movement of the market and actually make a profit from that it is riskier since you are going in and out but it will give you more profit than just investing in that particular token and waiting for the market price to pump.

It really depends on what is going to happen in the market but if you get lucky buying when the market is a dump and selling when the market is high is more profitable considering the time you are going to give when just waiting for the bull.

If any regular traders research properly than it won't be a pressure for the traders. Even any regular traders know that the downfall will recover soon. But we can make our own strategy to buy-sell in any crypto. We can buy any crypto part by part like first time buy using the 40% of total funds and if the price again dump than buy in deep using 20% of total amount . It can vary form person to person.  Just make own strategy which can be afforded by yourself .:D

Markets constantly witness price fluctuations due to their nature. This is also the case in crypto money markets, and price fluctuations are higher compared to other markets. As I said before, opportunities never end in the cryptocurrency markets. For this reason, it is necessary to evaluate every price fluctuation as an opportunity and not to take action in a hurry to catch this opportunity. Yes, you may have lost a serious earning opportunity today, but in case of a possible reverse action, you will have protected your capital. On the other hand, the opportunity that you think you missed will perhaps provide you with a more attractive repurchase. For this reason, you should not strive to evaluate every opportunity and take care to evaluate the guaranteed opportunities.

It's true getting yourself to follow every trade wave is really a bad idea because you mihht not get a good profit, and it is much better to trade on your own strategy that you don't follows anybody's decision on their trades. You will only feel pressure if you constantly do this.

No good trader will trade all market waves. Anyone trying to hop from one trade to another is just on a mission to get lost. Knowing when to trade , what to trade , why to trade it, how the particular instrument behaves is one of the things that makes you be a good trader

The best part in trading is when you know when is the best time to enter into trading and the best time to exit. It's not necessary to trade in every market wave because it will only lead you to being lost in focus and resulted into losses. Another thing is you will become greedy which is not a good trait as a trader. Just focus on your original plan and take step one at a time.

This is the strategy of traders, they analyze market when it goes to the right and before next moves happen they open their position (buy or sell) based on probability. If you do not want to trade, then just HODL and pray that everything will be fine in the future.

It's not really as it's been said, but it's actually the fact trading without pressure would help curtail lots of losses and when one sees it's coin dipping because of fear and pressure next action is to sell and jump into another one that may also dip again. Let's learn how to observe market and trade without pressure. It will help alot and also learn not to apply greed when trading.

If you are a beginner trader you might only spend your funds in the scope of crypto and added high voltage makes you astonished to sell your assets that have not got the value then move it to altcoin who believe it can generate more profit.However, in fact it will not have any impact but will add to the loss.

You are absolutely right, trading without pressure helps and also knowing when to sell and when not to sell but issue many do have is, selling and jumping for the second move, it may work for sometime but 80% of second trading of same coins ends up being lost. So it's best to trade confidently and know the exact time to sell off and tokens to buy. Coodinate self while trading.

Though that recommendation of you is right but there are still people who are really doing the same mistakes over and over.

I've been using a very simple strategy that I know everyone can do if they just believe that the trend for now will not be broken.
For years, I've been buying at dip and sell at peak without looking back, of course I don't want to be greedy.

now you can ask me how did I do that, of course with proper timing based on your own evaluation of the market, and I would say I am not right all the time but as long as I right most of the time, that all matters to me.

Even every indicator will give you more pressure so just keep few indicators for your analysis and go with that all the time.If nothing goes on your side then stop trading for a while then you can get mental strength back to tackle the conditions.

It depends upon individual experience, if you take a look at the market and the daily volume you will understand what is going on. You do not necessarily act on every market movement but there are people who make a call on every movement. You choice what mode of trading you are comfortable with according to your skills, if you are well versed then option trading is where you make the maximum money but the risk level is much higher.

My experience is watching the 1h or 4h waves to make judgments about resistance or support lines based on indicators like Fibonaci. Market movements are hard to predict but if you equip yourself with in-depth knowledge on the analysis of trading indicators, you can make an almost accurate decision about the price fluctuations to earn gain a lot of profit when trading on this cryptocurrency market.

People either get into fomo and try to chase the pumps or thry panic quickly when they see market going down, in noth the cases they end up in loss, so it is about trading psychology more than anything else.

You need to open a deal only when you understand what the situation is on the market now, when you can predict what the outcome will be. In other cases, this is fraught with loss of funds.

The possibilities of rewarding yourself is high if you have good plans and if you are following the right track while trading inside the exchange. If you have good insight and if you will follow strategy that you understand well placing your position and made the right timing expect to earn from this business. It's your keen interest to learn skills that will turned to your advantage.

to do HODL it takes a long time, maybe for beginners to learn to analyze the market first there are many media to learn one of them in this forum or can directly search for it on youtube, many people share knowledge about trading for free

 market Waves can be regarded movements in stock price and in consumer behavior. Investors trying to profit from a market trend could be described as "riding a wave." A large. though when considering trend it can be followed. but most time does work well. but if proper analysis is done it can be followed base on basis one have.

There are 3 types of a trader, type one scalping trader. You just need several minutes most of this trader use TF 15 to to make an analyst. The second type is day trading, most likely this trader only use TF 1 day to entry and take a profit or lose for one day. And third type is swing trader, at least they need one week to close their entry. So which trader are you?  Your question will be answered if you know these types and also it is depend on trader itself. If they comfortable to choose become scalping trader they will know every wave that will come and they can will fine of it.

When I was new in crypto there are several times that I try to follow the market. I panic buy/sell whenever the market goes up and down and have lost a decent amount of money if ever all my losses accumulate due to fomo and fud. Have your own trading discipline, and do not be driven by emotion when trading.

You are right, however.As a trader one has to see new market trends.This is the normal process. Bitcoin and Etherium in particular need to look at market sales & buy.Then the system of the market can be understood.

This is the worse thing to do when you join the market hypes expect some loses. These whales are bit greedy, when they feel many have been lured already on their pumping, they will just suddenly hijacked the price and all those who bought on their pumped price will be rekt. Poor investors that are hoping they could at least gain some profits instead incurred negative value on their asset. I am once did also following the hype but it was never good experienced for me cause I lose much money too.

You are right no doubt but there is something they call FOMO (fear of missing out) that comes into your mind when you are in the market. It might actually never come back to the price you are seeing it.

To do that we need knowledge, experience, and a little luck. In fact, no one can guess 100% accurate but if you have your own technique, reasonable entry and exit times, I believe it is still possible to make a profit this way.

At the market where we are all currently into, we cannot determine on which direction the pries of cryptocurrencies would go because of the volatility characteristics that every cryptocurrencies do possess. Trading is a bit combination of believing into your gut feel or instinct as well combined with the presence of luck since no one could ever predict on which direction will the price go. Sometimes observing the price behavior that can be seen on price charts are helpful but sometimes can be a deadly trap because prices are unpredictable. It is really a matter of gut feel and instinct to take the risk when you are trading. No distinct wave can be followed due to volatility.

I do not actually think you need some bits of luck because to me in crypto currency trade!; tokens do not pump due to luck, a bull run signifies results after weeks of adding quality to the blockchain.

While a dip can be unlucky because a single mistake by a seller while selling can crash the trade market.

But instead of counting on luck, why not dyor and wait for trends to open up an investment entry for you

Agree, Knowledge is a must in this market, without the knowledge, we would not be able to do anything and we would completely fail, and we can never know the reasonable entry and exit time of each transaction. So we need a little luck in this market to get profit

Similar to a battle, if you have a chance to chose then only chose the one you are more likely to win. Being jump in every market wave has a lot of cons, you will burn out and easily make a mistake. And not every market wave could be a profit if don't have an equivalent in term of fund, skill,...

But we can still take the profit although the profit is not too big because as long as we can see the green candle at the market, we can close the trade by taking the profit. Don't be too greedy to chase the bigger profit if we cannot do that because that can lead us to feel the loss in trading. It is enough if we can make a profit because not all traders can make a profit, so we need to grateful when we can do that.

can you tell us how to determine which wave we should follow when trading since you think its wrong to go for every wave? I expect your post to be more educational to guide the non-professional traders on how to or which wave to trade.

Why? If you trade several transactions a week, then this is a good strategy.

In fact, if we work with cryptocurrency, then we just have to follow the waves of prices in this market. Big waves, like the cryptocurrency market crash in mid-March of this year, must have been used. Whoever bought Bitcoin and other cryptocurrency potential for growth will have a good profit in the future. Even now it’s not too late to do this, because we expect the market to grow in the second half of the year.
Watching smaller price waves is everyone’s right, depending on the availability of time and opportunity.

Both knowledge and experience is a must thing for trading , but luck is needed more than Knowledge and experience because of the volatility of the crypto market. If anyone interest to trade altcoin than traders must be more lucky because of the volatility. So every traders need to be more punctual to get the right entry for buying/selling in the markets. ;) :D

precisely the wave is a sign for us to enter, the wave is always related to trading volume, pay attention to that!,
if the volume suddenly rises it's time to buy, make sure you have studied trading indicators such as reading the RSI, and you will be able to choose the selling point

Only newbies would supposed follow market waves all the times.

A very vital factor before considering trading at all is focus, you must learn to have focus and choose a clear way before trading at all.
As a trader, instead of following any wave, why not discover the source of the wave? evaluate the emotions attached to the wave and predict the outcomes easily ?

Learn trading properly, follow the strategy best known to you; ignore market waves

When you are still on a new market or completely noobs when it comes to trading then you will surely have the high chance on following other calls.
You'll soon realize that you are doing the wrong thing or make you regret when you lost up money due to their signals or tips.It would be more worth
if you do trade and decide on your own.It isnt bad to look for others analysis but dont fully rely on it.Just deal with lots of trials and errors
because these are stepping stones to improve yourself.

For me you must draw any possibility take a look on candlestick and know your bias so you are going to stick on it well don't forget the rules profit is profit, don't be greedy, don't chase when the market already on the trend you must wait when the market will pullback before you enter so that the possibility of being lose is lessen.

I only have a few rule in buying and selling. Buy when the market is bleeding and sell when the market is getting hyped. I know it is risky but the risk lessen if you know what asset you are dealing with. I still remember when the market bleeds at $5,000, that was the perfect time for holders to buy more Bitcoin. Now look at the price we are currently at. Do not be controlled by FUD and FOMO, just study the market history and the current market, that is how you will profit.

I really do not think I have the time to do that, following every market movement will be too stressful to me, my strategy is quite different,  o look for a good project, wait for an entry point, buy and hold for a better time to sell, because I can't keep up pursuing the market waves, if you invest in a good project, you don't have to following market all the time, just wait for the right time to sell.

That's really a good advice and this must be followed especially by the newbies since they are the most excited ones in the beginning days and try to catch every wave in order to earn more profits quickly and this is where they tend to do the most mistakes.
Newbies should definitely try experimenting in the beginning days but if you are keeping on losing then take a break and find out what you are doing wrong.
Let a few weeks pass and then try to trade again with a better strategy. This will definitely help you in the long run.
Taking breaks are absolutely necessary.

"Every" market wave does not need to be followed. That would be overdoing it. But I cant speak for the day traders though. They have bots developed just to hook on to every new bull wave and ride to before selling, all done by the bots. It is not profitable everytime but the total losses weigh smaller than the total wins.

If some trader feels that trading is taking out too much money and time from their lives then they should stop trading. Eventually they will come to understand the reason why it was so. Most of the time I have seen people cry is because they jumped on the market when it was the incorrect time. This happens when you dont do your chart analysis first and are in a hurry to invest.

When you don't have the skills to analyze the market situations, and you follow the trade without any info, then you might not make any profit because, at that time, you will lose your funds shortly. That will make you have an emotional feeling which can make you want to recover the loss by following wherever the market goes without analyzing. You always need to analyze the market before you trade, so you know when the time to enter the market, and you will know how much you should buy.

well, I totally agree with what you say because the current price movement of cryptocurrency in exchange is difficult to predict at least it must be able to control patience and not be easily influenced by any bad news that can make prices fall and as much as possible not to sell at cheap prices from when you bought.

Fomo is a very big tool that you need to have under control.
If you understand how the crypto currency market works, and you conduct your research properly, you will usually always have the rumours even before the news come out to fomo or fud others.

Understand the basics of crypto currency trading and fomo or fud would be a thing of the past for you

Yeah entering daily in hope that market will go in the direction of your trade is not a good idea especially in crypto market where top coins are deflationary in nature so longterm hodl works the best, unnecessary day trading or scalping can put you in a trap and you can miss out on big bullish moves of top coins so stay in the top coins and not fiat.

Neutrally in trading, there is a saying that a token that rises so high in price and value will definitely come back down, perhaps the token can be strong enough to not crash down back.

Even bitcoin went as high as 20,000 and still came down, this is why you cannot just follow every waves and assume, you need to follow the steadiness and steadfastness too. Always do your own research

What an insight. I love this because it is the reality. We must learn to stick to one in order not to loose out on all. Surely, bear will come and bull will come whichever way we choose to go. So, why don't we just stick to one.

All of your thoughts are right but we can't control fomo. Either, we need to understand it because it's not like a TA (Technical Analysis) or FA (Fundamental Analysis). So we always need to cross-check anythings and must be a well-educated about crypto-currency/trading, the news is true or just a fud like you said . :D

There are two types of people. Those who want quick money, those buy in the hype and then sell in the lose at the end. And those who buy, hold it on a wallet, come back after few years and enjoy the money. Isn´t a second option much more easier? But it requires a time.

The first choice is not entirely bad, the conditions must understand market analysis techniques. If the orientation is to get instant profits without wanting to learn this ecosystem, all we get is loss.
The second way is good, but we also have to understand when the right time to return.

Basically we have to understand the technical analysis of the market, whether for the short term or the long term. That analysis affects our decision to choose buy, sell, or hold. If you do not have that ability, your confidence will decrease, so you are easily influenced by people's opinions, FOMO.

Ethershift has already dumped more than 50% from its weekly ATH and that has already proven if FOMO will be running until the whale who pumping it will be feeling bored with the market. You can't control FOMO but you can short it.

true, it takes 1-2 years to see the results of the coins that we hold, and it is indeed easy but we also have to choose the right coin to hold for a long time, that's also what I do for now, need enough patience high to get results

The truth is what you have stated here, and this is why we must always remind our neighbors, newbies about the principles of trading,
It is never a get rich quick scheme, and it is not a joke either.

Never second guess, dyor and follow the market trends positively.

the most important thing is we should follow the trend when we trade in the market and do not fight the market
trend is your friend buddy
regards

Yes you are right. While you are learning to trade, it will be useful for you to follow each wave of the market in order to learn how to trade and gain experience. But then, when you will have a strategy, you must stick to it, learn self-discipline and not make more transactions than necessary.

Your point is valid, a friend of mine messaged me today asking if it is safe to invest in cryptocurrency now and my reply goes as follow; One thing is sure in crypto market.... It will always go up and will surely come down overtime.... The real deal is how long will u be willing to keep the investment locked away. I think the more people understand this fact, it will really help them from trading traumas

Yes, there's nothing wrong to follow every market wave but you should know how to handle yourself in this market. You should stick to your plans and not be influence by what others are saying. Your life will be a mess if you will read and follow the suggestions of others. Just keep track your trading motto here, buy low sell high.

The most important thing is not to follow the market wave on its end. So if you see that it's bottom of the price, don't sell your coins. On the opposite, if you find out that some coin went up rapidly, don't buy it. I think it's still extremely important info for newcomers

It's not consider about there are so many old holders even losing their money due to the dump that happened before. It's better to give a limit when we have been getting decent profit from the market and just sell it for stable coin or bitcoin to re-invest again for the next time.

I think investors who are trapped in high prices are better to choose the way to keep waiting until the price rises again because when you sell assets at a low price will only provide losses while if re-investing will not provide a profit guarantee, it's better to keep waiting until prices go back up.

Unfortunately, I learnt this the hard way but lost a whole lot before I realized it was the wrong way to trade. I thought I was wise at the time until got caught in between trades and ended up losing a lot of money. Some of these market waves and price reactions are mostly whales playing with the prices and influencing the market. You might be thinking your analysis has properly made it only to be shown another side of the market by whales. One has to be really careful when trading the crypto market as it is full of extreme manipulation.

Very true! Not all market trend are to be followed. Why this? The market are sometimes manipulated especially for some tokens at a particular point in time. Some cryptocurrencies are pumped intentionally without any organic growth in order to cause FOMO. All FOMO cryptocurrency follow the parabolic movement, once they go up will definitely drop back to their initial stage and sometimes die off. This happen to some altcoins without any solid team or fundamentals.

Wave coin always make new way when some time without any prediction before price going up and hold just few minute before down, I check many time wave suddenly up just few minute only and then back to lower price, I think the developer make drama with their coin and we as an investor have ready always when wave up or down.

You're right. Waves in the cryptocurrency market are normally created by whales. They want to pump the prices and then dip it down for their own reasons. However, following waves isn't that bad. You can jump in and jump out real quick by setting your profit target at a reasonable point. By that way, you can earn some bucks while the waves changing unpredictably. I call it "ride-the-wave".

I think that is because some pump groups come to the market, and they make a fast action which can make the price increase so high. That is always happening in many exchanges, and if you can use it and follow the price, I think you can have a chance to make a profit. I think that is not because of the developer because there are many possibilities for the market increase.

And I think I need to monitor the market, for every rise and fall. This is the only way to see the full picture. Of course, if the nerves are out of order. It’s better to invest and look at the situation once a month. But a lot can happen in a month.

Monitors the market is something that must be done by everyone, not just you, especially for active traders and it is not only necessary to do this at the moment, but it has always needed to be done so that we all avoid losses in the market.

when the crypto market is unstable, we have to be on time to invest because if we are impatient when the market conditions are like now then we will continue to suffer losses, invest when the crypto market goes down and follow the market movements when stable.

It is not necessary to wait for a long perspective to sell your coins. Many traders trade in short-term trading and quite successfully. If it is profitable for you to sell, sell, then buy back at the lowest price. Everyone has their own strategy. Give it a try.

Yes, investing when the market is down is good even though there are still risks, and even better if the market has gone down too deep, because then it will provide greater profits when the market has started to rise again.

Even more stressful for those who have entered in long and expecting the bitcoin price to still go on , but suddenly went back wards. It is not that bad to follow the track or flow of the market as long as you are capable of accepting the outcome. You can always make an entry and be ready in any possible movements to happen to prevent any looses or gains.

If anyone analysis the BTCitcoin trading chart, he/she definitely will use the stop-loss option for the risk management. Thus none will loss after entering the long positions of trading. On the other hand, anyone don't use the own strategy of risk management than sure to be lossed funds in everyone markets whether it's bull or bear . So, everyone should use own strategy of risk management in order to be a successful trader and make profits in any markets.  ;) :D

Well, uncertainties and risks are always present in bitcoin or any cryptocurrency trading it may really lead any of us to a wrong assumption when will be the best time to trade. When we follow every trade wave it can not only give pressure, --perhaps emotional imbalance but prior to these two effects it will really give you a headache for you will need to analyze each trade wave for you to figure out the right time to trade. I may suggest checking the time frame chart for it may give you somehow an idea for the up and down of trading as well as the best time to do it so.

True mate. Crypto market is not stable. A token could pump & them dump a lot within an hours. But there are some new traders who follow market wave and faced a bad expriance.but a little profit could earned from some waves if anyone have expriance

I think it doesn't matter if you follow the wave while trading,
and it can give benefits, because the wave will determine the market direction,

Instead of monitoring the market, why not follow the basics of market by definitely studying the market
Study the market waves, market trends and do your own research too.

   It matter Lunnatic, you can lose money! Benefit is making a profit, but you can't make profit
with every market swing. I mean you can, but than you would be extraordinary trader! Rich trader!
   I agree with Ifemini! To much pressure, it's safer and easier to just hold! Invest in long-term, in
projects you believe, that will make some changes in the world! I do that, and I don't bother my mind
with market waves! I try to use drops and buy in that moments, but many times I invested and price
dropped after that!

Studying the market includes monitoring the market, that would give you  a clear picture of what has been happening, you don't need to be an expert to determine what's going on, if you are actively monitoring the market, you can see it's behavior and there you can make a good decision.

By simply buying at dip and selling at peak, I think one can do that with good timing.

You have stated very rightly, but do you know that you need to be an expert to be able to get the correct timing to buy at dip, and sell at peak.
Its not always only knowing the market, but also knowing when to make the right decisions.

As we all know that the market wave is unpredictable. At times the market might rise and at time it might fall, so with my own view I think it doesn't matter if you follow the wave while trading and it can give benefits because the wave will determine the market direction.

That´s why Hodling is so crucial. If you are not into daytrading or scalping it makes no sense to go nuts whenever a price moves in a certain direction. Just as with every other investment you need to keep your money together by working with an investment plan, have an idea about risk and a proven profitable strategy.

Most newcomers in the market are exposed to POMO and lose their money. They are always afraid that prices will rise and not have their share, so they often buy at high prices and suffer losses.
Over the years participating in the cryptocurrency market, I have understood that buying when the market collapses and selling when everything looks good.

FOMO is the main source of money for everyone who came in this market a long time ago. if there is no FOMO then we will not be able to earn money. so we just act smart and make good money

It will be glaring enough that anyone who follows all market wave is not a good trader but a gambler. Trading has a pattern and not a quess work. If you are quessing you will keep hoping from one trade to the other with many loses.

FOMO is only applicable for those who have accumulated the tokens before it. The late players will always be the victime caused by they have bought it when the early buyers were dumping their coins to the market to take the profit.

Well we have different strategy, so if you think following market wave can help you with your own trade or can give you idea to be a better trader then why not, it depends on us.

But much better to have your own plan and strategy. Know when to take advantage the market because its important in order to make profit.

most people who follow the wave when trading ordinary crypto will experience a big loss because they buy it when prices are at a peak, that's why it's good to invest when the crypto market is down or is stable.

before trading any assets, especially for daily trading of course we must understand the character of the market and the character of the coin movement that we will trade. when you choose and do not know how the movement of the traded coin market, it will cause losses. do not just choose assets.

very risky if you invest following the wave movements in the cryptocurrency market because I have experienced it myself when the crypto market reaches its peak price, I think this is the beginning of an increase, then when the market goes down then a big loss has befallen me.

I feel like FOMO is the act that one will take advantage of other mistakes. For traders who joined the market a long time ago, they'll try to create the fear-of-missing-out to others but avoid getting it their own. In that way, they can avoid the risk of being reduced their capital for nothing. Leaning on the market wave may not be a smart move, but it brings instant profit that someone will need.

Most wave happens if BTC price surges some token went as much as 100% change in a single day it's good for the holders but its a trap for new investors, some investors will do impulse buying and that is where the problem starts.

To some extent, it is good to follow the market trend in order to draw technical analysis from what altcoins to follow and which ones not to follow. Some trends give clue as to whether to buy in or sell out. It is not always a bad idea to follow market wave. It only becomes bad when the investor or trader FOMO in without making any research or analysis before jumping on board.

To avoid unnecessary trading risks it's safer to prepare for bull and bear together, plan to take advantage of both, with bull market available sell your Bitcoin at high price for stable coins and wait for price dump to buy back, I've done this several times and the results are good

Pace of market is not really certain most times. So, do what you think suite you. People Stoll make money in bear market. Just know when to take your profit.

One thing I learn from trading that explains exactly what you said: chose your own battle. Never hop on every wave and trend if you don't know any single thing about it. Your fund is not unlimited so you should be careful. Let your brain and yourself rest from the stress to make a rightful decision when it needed.

The possible thing to do from the waves to short it but it's too risky to do that.
People must never try to get into the wave and they must remember the main point to trade never try to follow the bullish trend but just try to use the reversal trend (dump) as the point to buy.

One thing is for sure is not follow everything so quickly without analyzing it.  Do not ever try to enter something that you can handle it. Just try to learn something with bright thinking.

Yeah i go with that, many is not been factual about the presentation made in their site, as it been done with biasness which can make investor or give investor wrong impression thereby make wrong decision, hereby loose there money, personal research is needed for proper and good decision.

Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.

if for a beginner and plunge into trading when the market is in the pump of course it will be difficult. the market is moving fast and the skills to analyze the market will of course be very lacking. that brings us to a loss. but for a trader who is already proficient, they can see every possibility and opportunity in a high trading wave.

Much better if you trade with study and you have to study about risk management too so you can trade profitionally without losing too much money in trading. In this way you can follow the flow of the market with precautions to avoid too much losing of money.

As a trader, you do not have business with several trades at the same time, it only leaves you imbalanced, and leaves you with outdated information.
Why follow every trade on the market, when you can just select a few and stick to it like your life depends on it ?

A true trader knows what token to follow, when to follow, and when to stop following, so be a good trader.

Yes, because the cryptocurrency market can suddenly go down, it is clear that there is a need for analysis before investing, although analysis is also not enough for an investment reference, because the crypto market is really difficult for anyone to guess.

You are right, trading with a little capital in advance to find out the character of the market and the assets we choose. loss is the risk faced by every trader. but how we cut losses and make them profits is a skill from great experience that we can only get from trying to trade.

Enter market when Pump happens is very risky, not only Newbi for professional traders can also be hit by the Pump wave trap. Crypto market prices are always volatile and traders must be able to master various trading techniques in order to get a good profit.

With that the need for basic trading is really needed and knowledge about trading not by jumping directly into buying and starting a trade that has a very high risk that has a fairly long experience of having a trading strategy each one is trading short term and long term  long and other

I disagree, but also agree. I would say "follow" every market wave and be presence and check to see what is going on every single day let alone every wave, however when it comes to "joining" the wave, I would say you do not have to join every single wave. Just focus on the currencies you hold and of course be aware what is going on but stop trying to join every single wave since eventually you will be on the downfall part of the wave and will lose your money.

However if you trust yourself as a good trader I would say buying on every single bottom would be a great chance, on every wave there is a bottom and with that bottom you are earning more money. Bitcoin is something you should earn while buying, not selling, if you buy at the right price you are going to profit no matter what happens, maybe a lot maybe a little but buying at the bottom equals profit.

the market is unpredictable, however it is absolutely impossible to follow all the transactions, the waves must focus on those that interest us and we must know how to wait and interpret the various signals, so much the market is cyclical so sooner or later a bull phase will return

Bruh, if you say this thing from now till twenty years later, people will still continue to do it, they are not going to stop.
So, you can just do your thing that works for you. You tell some people this and they act like they get it, the next thing they won’t invest when the market is stable and low, but when it is fluctuating and at the peak price. You see them rushing to buy so they won’t miss the bull run lol.

When I want to invest in Bitcoin I invest during a normal time when the market is stable and then I hold it knowing that after a long time the price will go up. Another time I buy is when there is something happening that affect the market and make it decline. If I buy at this low rate time, I hold for the right time to cash out.

Absolutely. It's more like saying that you should not be emotional whenever you are involved in cryptocurrency trading. Sometimes, whales kind of shake the market to cause fear and panic so that people sell cheap to them whiles they can later sell expensively when the market rises.

Better to study the market first before trying to invest with it. Do not trade when you cannot control your emotion because that might ruin your strategy and focus on what you really doing. Market waves sometimes makes you panic when it dump hard after you got it because many whales controlling it. If that happens leave the market for awhile.

It caused their money to get trapped into the peak price and that makes them lost more than 90% of their money instantly. Join in the bullish trend is the worst thing that can do by everyone. People must remember more price and more risk.
This is how investing in crypto works.

Yes your true do not follow every market wave because some investors invest without doing proper analysis. They get irritated latter so better do research and analysis first and then invest in it.

yeah, it would be better if we choose our own battles, but we also can't just follow our instincts. we also have to look at other people's opinions, so if something happens that is beyond our expectations, we can be a little careful.

i agree with your opinion not to follow every wave and trend, because that will not necessarily provide good benefits for everyone.

All of aspects must have needed to have a good prediction that can bring use to the good result. Big wave trend is a trend to sell and it will not always become the best trend to buy. So many times people trapped by this trick that has already used by the whales. Bullish event will provide loss for the layers that joined in the late game.

So it depends if you choose py pure emotions or if you try to choose objective with chart tools like Bollinger band and the RSI. Sure, you might make some profit by subjective decisions but in the longrun it might be very hard

absolutely right, when indeed a bullish wave occurs and analysis according to the RSI matches, then maybe you can follow that wave,
but if the RSI doesn't match, then you have to be careful it might be a trap

Aways study and make researches, the most important thing about all is the money will come outside of the crypto and blockchain world it will come from ordinary companies trying to store their data fast cheap and secure

We can't always be certain in the market. so every time I take a step on doing a trade i go to twitter first if there are news on whales planning to make a move on the market. Because they can easily turn the market to their favor even if the market says the opposite. So even there are solid indicators that the market is bull but there's a chance of it going to the opposite direction.

Yes, I think that it would be best not just to track every trading market or exchanges but to have a good patience for analyzing the crypto- market and knowledge of the cryptocurrency and its market so that you learn something good where you put your trust.

Learn to balance every actions that you'll going to take, just like what you have said if you are planning to invest
it's best to check every medium of information.
Knowing the sentiments of those big whales or big players also gives a hints where to position your trade, they've
got good influence to the market.
So whatever direction they are planning to take riding with them in a short while will allow you to gained the  benefits.
Just be careful and always have a backup plans..

In short, don't look only the price movement and make some TA basing on the chart, as a trader, you should also be unpredictable when you think so you'll sync with the nature of the market. Your experience will help you mature and you will be making good decision because of your experience, thinking outside the box would help and going against the majority is one of the working strategy based on my experience.

Yes that's true, because following every wave of the market will only lead you to more losses that you will regret in the end. Not all the waves should follow, there will always be the greatest opportunity to enter the wave that we should wait. That is something that we should know and patiently wait.

Depending on the token you are planning to join. Marketwave is tempting especially if the fomo is real and investors and traders make you feel to invest. I know this sensation cause Im also once dragged to this marketwave and resulting only to loss. On that time I believed there is real manipulation cause the hype gone slowly and the next day the price went down fast not even lasting more than 3 days. See how whales can make any token fly or dump?even btc can experienced this if they are gonna get serious. So better to avoid fomo.

Market is volatile when you follow every market wave you might lose and win. There's a win win situation in the market and also might as well make an own analysis every trade. We experience to follow every market wave the outcome is not good but of course you should know when to enter and take profit or else we might miss out and experience loss.

I am not follow every market wave and just look 10 best Market in CMC exchange by volume.
Because we don't have any time to look every market and almost same price.
I think CMC is enough to look wave some coin.

But if you start from bullrun, then the results will be the same, lose and lose. To earn huge profits entry time is a bearmarket. Although I don't think we're in bear time, because Bitcoin price was dumped to 3.2 k USD and now it's over 9.2k USD. From now only left old altcoins, which altcoins price is below ICO price. Because I think Bitcoin or Ethereum could make another little correction.

If one can't fight a circle of spots there is a way to fight both, simply by holding USDT and holding Bitcoin too, which ever way the market leads you will be able to take advantage of both bears and bulls

It’s certainly impossible to follow every movement of the cryptocurrency market, you just need to follow at least the most important events of the cryptocurrency market, and these are major drops and huge growth, and then you will can figure out when it is best to invest in cryptocurrency and when is the best time to sell your cryptocurrencies.

How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.

I feel that no matter how good your strategy is when you try to defeat the whales it will not be possible and it is difficult to predict the exact price movement of cryptocurrency because all movements depend on the interaction between buyers and sellers at the exchange.

Whales have big money and they can do anything with the market without any doubt. The people with limited amount will think so many times before try to play like the whales.
Sometimes whales are also creating the pump to even the price already decided by total demand and supply.

   He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money,
we discuss that, but some traders make a lot of money from this.
   For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest
and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot.

Smoothly said man. Everyone has to follow this method so as not to get caught into swirls of emotions. Many people have created threads regarding how they have lost their money due to some idiotic decision which they made because they thought this will happen-that will happen kinda thought process.

So if everyone goes around making each and every available trade out there then they can go wrong multiple times. This creates greed and then people go crazy to earn their losses back and further turn it into profits. But as we know that turns into chaos always. It's better be smooth, straight and properly studied.

Trading everyday sounds even worse than hop up on every market wave. I think only a whale could afford the day trader thing to looking for higher profit.

its not worse but as long you are following your own skill ,  it does not differ from following every market wave if ever your depending on others  .

 not only whales but even regular individual can afford to day trade too because they can always minimize thier buying potential  so that they can last longer   . not all market wave are okay to ride so why follow every wave  ?  is this only for the sake of fomo and why people does this all the time   .

None can say about the flaws of market. But we have our deep knowledge about it. Otherwise, we will pay for it.
No need to follow every wave, just follow those waves which will be good for you. So that you have better knowledge before doing anything.

It is not possible to analyze the market with one hundred percent certainty at once. This is because none of us know what the next direction will be. Analysis provides an advance guide but it is not very accurate. Your skills will help you stay in the market. Because if you have good trading knowledge then you must have the ability to read the market.

Trading everyday which is popularly known as day trading is not for everybody even when the trader follow his own skill because emotion need to be put in check and trading without some time off which have to do with sitting for long periods of time is risky to human healthy life.

Regular individual that didnt have reasonable skill to prevent losses cant afford to trade in this current market cause the market choose trends which cant be prove by indicator.

Following the market is the same as following Fomo, but indeed we can benefit from it, if there is new news from a coin, then look, does the volume of the coin go up? if it rises maybe you can buy some

The truth is that there would always be a wave that would spur one to buy or sell a coin. The success story comes when one is able to discern whether to go with the trend or not. In this space, whatever goes up will surely come down, so if you feel you've lost out on a trade, it's best to wait for the value to drop before making a purchase, Inorder to prevent one from making losses.

Do not get it twisted, a wave should not prompt you to enter to buy or sell any token.
When it comes to crypto currency investment, it means you have studied the token growth over a long while waiting for the right opportunity to enter the trade.

yes, market will not always rise, so people must be ready if their predictions wrong
thats mean we should control our trades to reduce the risk

Whales are always manipulating the price to create panic sell or instant pump. In my opinion if we can only follow what game has already created by so many pumpers.

it will not possible for us to change anything but it's possible for whale to change the climate of the market with their money.

Your words are right, mostly newbies follow every market wave and want to make something quick profit. That happens because of they are just new here and don't have enough experience. When the market gets a pump, it is not a great time to invest in any coins. On the other hand, as you above mentioned it is the best time to make something when the market is stable.

they come too late, entering market when price already rise alot and risk become bigger than before. buying on peak price will make us easy to float in negative.  when market stable we must pick which coin will give us big profit when crypto market pumped or recovered. holding for long time will be very bored for us, but it will be worthed when our portofolio increase.

yep, it's wrong to follow a wave of trade that suddenly rises without any news or impact on the price of the coin. I think it's just fomo people to trap in a trade wave like that, where people have been buying from the beginning and we are trapped to buy late and suddenly the price goes down again. so without being based on the development of the project, it could be that it is a whales trap or just fomo people who want to benefit themselves.