Bitcoin Forum

We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest  dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.

Nah its impossible for someone not to make any reactions into this very volatile market.As a human being we do normally act into these kind of circumstances
since we don't like to lose up money and we do keep speculating on where would prices would go and emotions and reaction is inevitable.
Important thing here is that you do know on how to ride with the waves.We are aiming for profits and these movements is the best recipe to gain those numbers.

Some holders and traders we're not thinking for long term process on the growth of their asset, they kept looking after the updates of the market. When there's bubble price or surging trend of the market, that's the time panic buying is going to happen. Which I think inappropriate, and after seeing quicker changes of the price they always rant for their possible losses. Reacting to the actual fluctuations, was normal for us but don't be stressed out, because eventually it will recover to the best price it could.

I agree with you that it's inevitable to control emotions but I am requesting the users to be more cautious as risk takers and experienced traders made ride this fluctuations but it's not a cup of tea for everyone. Fluctuations does provide an opportunity to earn or lose if not dealt according but these manipulations which are created for short period of time might not be something which we are looking in a longer run.

If you did it few times you should learn. Everyone need to do few trades to understand that he is a small fish and that Whales will eat him. You learn best by doing it.  OK some people are smart enough and know how to listen. For the rest of us we need to learn on our mistakes. But if you repeat same mistake again and again, then I dont really know what to advise you beside to visit your doctor and ask him to get you a specialist.

Reacting to the trend after it has happened is the biggest mistake, traders make. Once the fluctuation has happened, you need to wait to see the upcoming trend. During such big price fluctuations, whales get active and then they start manipulating the market as many retail investors start fomoing and make a wrong trading decision. One should make an educated decision before jumping into a trade.

It's hard not to, when you invested all your saving and you see it slipping just like that back last year I invested a lot of in one altcoin hoping that it will give me huge profit, it was a roller coaster ride watching the price dip and grow, because the coin is very unstable, I have to trade it all to Bitcoin because i finally realize Bitcoin is the only stable coin in the market, I made the right decision on that.
I'm comfortable looking in the market, because you are in a more stable coin, so if you believe you have invested in a stable coin, you don't have to worry.

Market fluctuations is natural in crypto and some traders see it as an opportunity to make a quick profit so I think it is wrong not to react on market fluctuations unless your goal is long term then it is not advisable to buy during this situation because its hard to tell if you buy at dips due to the price changes in short period of time.

In trading platform we can move at anytime and any fluctuations will occur in future days. Because we don't wait for one or two weeks, normally all the trading exchanges have many features so we can fix the ratio it can move at anytime. We don't monitor the every moment because automatic transaction also available it is easy to survive on any period.

We should react to the market fluctuations, I've bought at $7500 and satisfy sold it at $9250, still profitable.
Because a pump will lead to another dump, if the price can hold a new persistence level about $9K, it's a good thing for us, just wait for a chance to buy after analyzing where the market heading next. Usually, I'll wait several days until a week before making a conclusion.

Losing does not mean anything as much as you can learn from it, it is not a problem but repeating the same mistake without taking advantage is the problem.

If you want to play from the safe side, "skip the risk" this market is not suitable for you.
It does not mean that you invest randomly or based on the hopes of "wait a week", but think about how to gain from all these changes to turn losses into gains and win at all times.

If you do not acquire that skill and you believe in this technology, the easy solution is timeless.

I'm here for some time, and doing some trades are the best way to have more BTC for the long term
It's not difficult, but if you don't have patience or knowledge, it's better to hold, like you said

It cannot be helped. Those who have been here for a long time and acquired enough experience will not be easily swayed by market fluctuations and P&D news. But there will always be newbies who easily get scared when the market dumps or FOMO when it pumps. But in time they will learn and will adapt to market fluctuations. They will have to take their losses as stepping stones to become better in cryptocurrency.

The title should be more accurately reflected as "don't overreact to fluctuations".

Why? Because reacting to market movements is good. It means that your position on BTC is not stagnant, but rather is dynamic as market developments comes into play.

Otherwise, you're essentially the same as the gold bugs that held gold without taking into account what period or what cycle they are a part of, which is completely irrational in itself.

Why would you want people to stop reacting when there are fluctuations? that's basic attitude we have towards the market and we always act accordingly with anything that we see to the market.

If it's against to what we want, then we would buy as part of a known strategy of buying when it is low. And if the price increases, expect that many will start selling and buy as well because they don't want to miss the rising momentum.

I'd guess by don't reach to the fluctuations means don't panic? As traders, we must always naturally react to changes in the market since our plans that we have set may be changed depending on the market fluctuation. Besides, Reacting is not solely limited to panic buying or selling after all, so OP's topic may seem a bit confusing.

Although I get the idea, those that panic in face of fluctuations are either short term investors or those that are newbies to trading. Most people who have experienced HODLing over the 2017 bubble should be already quite experienced with such fluctuations and should be able to react positively to such events.

Indeed, get a specialist. You need help. Like immediately. It's like you lost the basic inheritance of a human being who learns from his/her own mistakes.

One of the greatest challenge of having a volatile market. It's hard to keep decisions in mind because of high price fluctuations and unpredictability of price direction due to market manipulation by whales. Even me, I'll admit that I sometimes stress out and get off track, making the wrong decisions. However, it's not necessarily bad, it's normal that we're being droven by these fluctuations especially if we are day traders. If however you are one of those hodl for life and only care for long-term investment, it's better to stay off the charts.

This topic has been discussed multiple times already and here we are again giving out advices from the people who poorly executed their investments in times of major fluctuations.
Reacting to fluctuations is kinda normal for everyone, and what matters most is that if you were able to make a profit or took advantage of the market condition. Not reacting at all means not doing something, and It will lead you to nowhere but to wait for the target price you set, because I assume doing nothing during fluctuations is like hodling long term.

People are panic because they think that if they don't buy with instant, they will not have a chance to make a profit. They tend to buy at a price now without thinking about if the price will be down or up later. When there is a green candle appear in the market, people are ready to buy with a lot of money.

But later, if the price cannot increase higher than the price they bought and they see the price is dump so hard, that makes them disappointed because they buy at the high price. And if that already happens, they could only wait to see another chance to sell at a high price.

No, I do not agree with your opinion. We must constantly research and discuss the behavior of cryptocurrencies in order to understand its nature and learn how to predict its development. Anyway, this forum is exactly for this purpose and is intended to discuss news in the world of cryptocurrency and its development trends. Therefore, for sure, we will continue to respond and discuss the reasons for the ups and downs in the price of our cryptocurrency.

that is not what "pump and dump" means!
a pump and dumps is where price is falsely pushed up and then as it reaches climax the manipulators cash out and price crashes back down. do you see a crash down?
this was a dump and then correction or recovery.

as for the title, a better suggestion is stay away from day trading if you have no idea what you are doing and call rises pumps and falls dump! for a day trader these fluctuations are the only reason why they continue trading.

We should find suitable reason on how we should act so we will not end up losing our money. We need to keep learning and never stop looking for good pattern to work with because speculations and all those opinions about market movements can be learned from your continuous effort to seek
good knowledge.

Trading with cryptocurrencies need to have a support information in order to be in a safer side of this market. Stop being swayed by artificial
trends that was created by whales but always find concrete reasons before taking any actions.

afaik observe its like that when it come to trend every individual will surely follow the ongoing path ,not panic but opportunity will not come thousands of times and take advantage of this conditions ,advised not to buy or sell if loss or doubt just relax

Actually in deep of our mind, or in our heart when something not happen or already happened like this, we think we can do it. But when the time come, usually we can be more panic than others. Maybe not we, but only me with other weak holders. When dump or pump come, usually we not want to miss the moment. And then trapped in bull trap or bear trap. But i think it is only the matter of time and experience.

Yes it's all the spur of member where we lose our emotions and get into buying or selling whenever there is a pump or dump to make it profitable for us and I have made same mistakes numerous times until I have made a algorithm for myself about buying and selling and I have not reacted to the recent fluctuations. It's not easy to hold on but losing money make you understand about bull trap or bear trap.

There is no mistake on reacting because that is when we start to hook up. The only mistake in that is the reckless buying that you even sold things that is nkt necessarily have to be sold in exchange of that coin. Anyway whether the market goes much more than it already did you will be either way buying more coins. But reacting is not a mistake it could be corrected with proper buying.

You will know to yourself if you are already matured or not, the market is highly volatile so that means big price fluctuation has become a normal scenario.
Bitcoin has pump over 30% this month but I don't see a lot of speculation that it say its already a bull run, people are still doubtful with what happen due to a lot of big dumps in the past, if you are investing now and you look for a bigger return, this means you are a long term investor and fluctuation should not affect you.

Big price fluctuation is what day traders are looking for, they are happy with this kind of scenario especially if they are good in finding a good entry point.

Of course they will prioritize what's best for them but if you are a wiser than the other you would have to HODL it instead of selling when you know that the price is not yet enough to cover your losses. And why we shouldn't react to this sudden move of the market is because this is just a normal routine/cycle of the market.

Oh, I would disagree with you there.  I don't have much bitcoin, but what I do have I'm holding for the long-term.  Thus I don't react to market craziness the way OP describes.  Traders?  Yeah, that's their game.  They're supposed to trade based on what the price of bitcoin or whatever shitcoin they're trading does.  That shit would put me in a mental institution, and that's why I don't actively trade.  I tried it in the stock market and it didn't work very well for me.

When bitcoin rises like it just did, I get happy but that's about it.  I don't react to it in terms of taking action and selling--or buying based on FOMO.  That's silly, but I know there are tons of folks who do just that.  And hell, I probably used to do that in the stock market before I learned the hard way to control my emotions.

I think you are right and it is the worst thing that we have been doing for so long now.
We have to calm ourselves whenever we feel like we want to join the wave of the market,
We are the one's who is making it a lot more stronger so the movement is so fast whenever it pumps or dumps.

that is an excellent advice but the problem is that the same people who are doing the panic selling are mostly the cause of a big part of the fluctuations. specially the end of the fluctuations meaning for example when there is a big drop they sell at the bottom and push the price even lower.
if people simply put aside their fears in bitcoin market, they would see a lot less losses and we would see a lot less volatility.

Human being are too emotional when it comes to trading especially cryptos whenever there is a little correction in the price of bitcoin fear will force hodlers to sell more as you rightly said but I believed the whales has the higher impact on the price ie they are the mover of the price compared to bit hodlers whose coins might not have significant impact.

If not with mistakes, we wouldn't learn anything. And that is what people do to get better in trading. Mistake of course it is always happen, like we panic, get FOMO, or maybe make wrong decision about buy and sell. With that we must know our mistake and fix it, at least learn to not do it again and minimize losses although can't get profit. But for me, i only can talk. Because most of my trading activity i am panic.  ;D

For me, set a buy target and sell target before we enter a trade is needed to avoid panic buying or panic selling.
We have to analyze the chart and the read about the coin's news first and then we determined where we want to buy and we want to sell.

I don't think that people are doing the same mistakes. What we are seeing is that there are no investors entering the picture, and maybe they are the one who reacted to this kind of market fluctuations. But for those who have been in this game for so long, either by just holding or trading, they really know what the market brings so they don't react negatively, but take advantage of every situation to make more money. If there is a pump then experience traders just go with the flow and then exit at the right moment. But for those who don't have experience, they don't know what to see, they simply push the sell button because they are afraid of this crazy and wild price swings.

That is why usually they doesn't gain sufficient profit. They coped up with the situation as a matter of buying low sell high. They really ain't checking what are the possibilities that this and that happened. Well that is how majority specially those who are new or a non usual trader, trend trader is what they are been called I supposed? But even though it can't really be helped specially if you are too overwhelmed to what is currently happening specially in the market.

That's not true from what I have seen throughout the years. The same members here keep panicking when the price tanks, and celebrate (almost as if they won the lottery) when the price pumps. In most cases when the price pumps you'll see them describe Bitcoin as an unstoppable force and that it will change the world and more bla bla.

This market's movements are so extreme and irrational that it simply isn't possible for most people to get accustomed to the environment here. It's easy when you earn Bitcoin by joining signature campaigns or do some tasks left and right, but for those who actually put their hard earned capital to work, things are very different, no matter how bullish on Bitcoin they are.

It is easy to say that but very hard to do, many people are checking the price like everyday and they see the quick pump and dump in the few days and as investor they want profits to cover the previous losses that is why when they see a pump they well sell again in fear that they might miss the opportunity and that the opportunity is not always there. If only most people are patience then we won't see much of panic buying and selling.

It's exceptionally hard to not react to price fluctuations especially if there is a potential profit to be made. Most of the traders are actually relying on these teeny tiny bits of fluctuations in order to get something in their pocket and post at least a few dollars' worth of revenue. True that holding coins and just selling it at a later date remains supreme and a stress-free method of taking something in the bank but the mere fact that it takes an awful lot of time to achieve this kinda makes trading during the fluctuations worth it and more profitable if done correctly.

You're in speculation and you talk about trading, so aren't you all about reacting to market fluctuations? Riding the pumps and then surfing the dips, that's even a recognised strategy and seems to be successful for some people if I want to believe the claims on websites and webinars from all these pro traders.

And you're asking to observe for "a week or so" before making conclusions? How is that no different from reacting to fluctuations?

People need to learn and get to know the trends of the crypto market. This market is volatile and it's quite normal to see a rise and fall in the price of bitcoin. It's always best to purchase when the price dumps but it's so sad that crypto noobs fall for these and sell of their bitcoins during these times Ahh, well this is the only way that whales get to accumulate more and make profits when the price rises. Life is not fair and that is why one man's fall is another man's rise but the most important thing is you decide to choose which part of the equation you are!

You are the one that would say is funny, because this thing should be a personal thing, if you advice everyone not to react, you are indirectly trying to turn the market to a redundant one, where there would be no much activities other than people just standing still and waiting for a pump to happen.

The sweetness of bitcoin trading is that we need people to panic for some to buy at cheaper rate while we need some people to FOMO for some people that have bought cheaper to make profit, if everyone behaves the way you want, we are still the one that will be complaining of bitcoin not doing perfectly well which I think is a very wrong thing. These are things that create volatility, so we really can't shy away from it mate. We need it as traders to make money.

The problem here is that many people invested in the long run and they are not planning to sell when ever the market goes down but the market will not function like that as the ups and downs are the beauty of the market as people with intraday trading skills will get the benefit .
 
People tend to sell when there is a panic in the market and there is nothing you can do about it but majority of the market situation does not revolve around FOMO or FUD as i think there are institutional manipulation in the market since it is not regulated.

If you follow them, then you cannot make a profit, but you will get another loss because you cannot wait for a while and make sure if the price will increase or not. You need to analyze the market so you can find what is happening with the market so you can decide to wait or try to buy the coin. By making mistakes, we can have more experience so that it will help us to prevent to make another mistake in the future, and that will help us too to make a better analysis in the future. We can also improve our skills to better.

It's easy to say IF you are trading and of course traders do always reacts to the market price. Traders are merely getting any tips for making profit that's why making your own speculation and price chart helps you to attain that profit you want. Traders will always react to the market specially if there is a new price rally again. Fluctuations is normal in this market specially if this is an open market.

Since the market is relatively new you cannot expect any experts in the market to give any trading tips and there is nothing you can relate to like the rest of the financial market since it is not constraint to a single economic situation and it is really difficult to predict the global investment patterns that easily and i consider this as the difference between the bitcoin market and the rest of the market and that is giving people like me the motivation to trust this market.

Price fluctuation is very common with bitcoin and other cryptocurrencies. Whenever there happens something associated with the cryptocurrency network there will be fluctuation in the price. This happens with large scale variation as well as within small ranges. If we begin to react to these fluctuations then we'll profit or we'll loss. This is upon the way we study the market and make decisions.

The fluctuation seem to have cool down already, there is no need to panic now.

I haven't reacted this way for a very long time also. I learned to read the chart somehow through the help of the users here explaining how the indicators tell us not to panic. When BTC take a dive, I don't seem to see myself hurry to login and sell anymore, I've lose enough money to worry for whatever is left now. All I do is hold, buy when it dips again. When we see price seem to good to be real, sell and wait for the correction and I guess all are doing it this time.

Fluctuations are usual for Bitcoin price but some users can't resist it and always react to it, probably because of lack of experience or probably just human psychology.
As soon as you accept fluctuations as normal part of Bitcoin cycle that you simply need to count on the smarter decisions you will make.

Theres alot of money in reacting correctly to each day or weeks mood variation.     I wish I was so smart to keep selling at the top and buying at the bottom of the regular range, I could become a rich man that way.

https://i.imgur.com/zI1ZHUB.png

Heres how I see it currently in a basic way, we will likely see the moving averages move closer for week and monthly then a break upwards or some weakness from there.    50 day MA also relevant for the wider time frame, I think some revision downwards is likely.

Patient is the master key here. Don't just rush into any bull trap move. Bitcoin is volatile and let's wait until the move is natural.

This seems like the correct path to take but I do not think many are going to follow your advice, the market is truly in an unpredictable state now and while some may regret losing some profits if the market actually begins to go up once again it is better to take that time to look at the market and analyze what it does from now on, this way if this is once again a bull trap then you avoid losing money and in my opinion that is as important as earning profits in the markets.

That is for first timers.
This is normal for people like us who had been doing this.

Actually, this is the time where it is more profitable if done in the right direction without emotions getting in the way.
Last 3 months ago it had been a slow movement and there is not much profit in it.
This could be the last time it will happen again and afterwards we might see a big dump or a pump.

and what is the metric of the natural move you talk about?

i don't see there is any metric for that , the fluctuations is here to ride for those who really know how to take an advantage of it will laugh at this as they short it out and making money while we are talking endless about the fluctuations itself.
feel free to just sit and watching but don't cry later at the time when the move is unstoppable and people like you guys become more confused than before.
i prefer make a quick move spontaneously of course not based on speculative way which could be called as FOMO.
observe everything and don't miss chance by chance by too long making decisions.
motionless/reactless will get you nothing.

It depends on your capabilities as trader.... most competent traders don't need much volatility at all, where 5% movements are more than enough to make a decent living out of it.

5% is something people here don't consider severe, but I'm sure that for most institutions trading this market 5% movements are massive.... such moves aren't commonly seen in the legacy markets.

Also, you can play with leverage to make lower price movements count more. It's not for nothing that platforms such as BitMEX are doing so well, especially during times with little to no volatility.

Avoiding losses is another way of making money. In the world of crypto currencies, there are few coins that all of sudden show huge increase and then are down to zero. We shall be able to get rid of them in their dumps. Though market is kind of unpredictable these days but if we look at price chart of bitcoin, it gives hope of some decent increase in the values of crypto market so we shall buy potential coins now and earn a good amount of profit.

We can react if its necessary, if you are day trading, every price fluctuation is important to you as that would give you a timing to make your entry point.
However, for most traders which are only focus on long term, they should understand that price fluctuation in crypto is normal since this market is very volatile and as long as they believe that the fundamentals of bitcoin is good, they should hold on even if the market struggles.

Yes I know fluctuations are earning opportunity for the day traders and this post which I shared was my personal opinion as I personally cannot be involved in full time day trading but yes there are many who fully into day trading and they might feel my post is irrelevant by this post was for normal users like myself who are not into day trading because day trading is not for everyone.

Well, for a long term investor the daily trends never matter, he does what he believes in and buy it and forgets it for a long period of time and then after that he cashes out. But for a day trader like me, daily fluctuations are very useful to make a few bucks, just your timing should be right to go in and cash out.

If we keep asking people to follow his recommendation, then there will be no money left in the market, because as people is selling their coin when they see pump, they will not also not panic sell for us to buy at cheap price or may even not make any buy or sell action move.

We need to understand that this is a market, and a market is a place where people must definitely buy and sell, so if people chose to respond to market at their own convenience, we should not really scold or discourage them, it is not everyone that you see go to the market makes profit every day, there are times they make losses, there are times they sell for profit and there are times that they just sell to recover their money back, which is what is the main beauty of any market that you see.

I believe there is no wrong in reacting to the fluctuation.  The problem why we lost during these fluctuations because we had choosen wrong choices such as buying instead of selling when price pumped and selling instead of buying when price dump.  If we timed our buy and sell right due to our right decision, we will see that reacting to the fluctuation is pretty profitable than just going idle what ever happen to the Bitcoin price.

It will indeed depend on what we do in trading, day trading or just thru news and hype of altcoins. Fluctuations can really feel when we seldom trade since we were not aware how the price fluctuates too fast but if daily we will not notice too much if the price differs yesterday to the next day. Its also demand how in demand our choice of alt or not.

Fluctuations is the result due to most assets that are traded here are limited in supply, hence, its normal that we should not aware.
What's more is that this fluctuation makes the asset so volatile and that's the reason why traders are attracted to play in this risky market.

For me, based on my long experience being a crypto trader, I've already witnessed many times that bitcoin pump hard and dump hard.
Actually what people only like is to pump hard, and that makes them unrealistic with their approach in crypto as any big movement should result to correction.

This is usually the scenario that others being reactive to the fluctuations in the market. We cannot avoid these to happen. The price fluctuates as this is an opportunity for some to purchase and sell at this point. It happens to me when the market is volatile I have a wrong decision made that is panic sell. Observing first the market before making a decision is significant.

This is interesting because many traders are only interested in learning certain techniques to try to make as much money as possible from the markets and they are not interested at all in the techniques that help them minimize their losses, they think that it is a waste of time to try to reduce your losses when you can increase your profits, but I have always thought that it is more important to learn how to protect your capital, if you do that then you are more likely to be around when the market skyrockets.

For now i am change my strategy to be long term holders. Although some people said that long term holders need a lot of capital to make it worth of time to wait, short term trading sometime make me stressful especially when see price of bitcoin pump and dump, sometime make me afraid of lose and then panic. 

That's wrong, with long term investment, you can start with a small or big capital, it doesn't matter, what matters is the rate of growth you will get from your investment.

We can use ETH as an example here:
If you hold ETH in 2016 where the price was still 2 usd, you can sell them at $1300 just holding less than 2 years,.
so if you invested at least 10 usd, you could have get 6500 usd if you sell at peak.


That's why you need to understand the requirements to be an effective day trader before you even try to pursue it, this requires more time and attention if you want to get an ultimate success, and of course this requires proper knowledge and skills.

It will hard to some cryptocians to not react about fluctuation in the market. Not all are so strong to hodl their emotions when they see market down or volatile. Maybe we need to save what the best we can hold and wait again the bull of the market. We can avoid this fluctuations in the market it's will happen even we don't want,It will depends to us what strategy will do to not lose to much profit.

Do react. Go the other way.
You know there are FOMOs around then why not go do vice versa of what they are doing.
The good thing is you have been around crypto for a long time and base on experience it might go the other way.

So that is profit waiting for you.
But, they do think they did the right thing and same goes for you. So who will be wrong?
Since the volatility is too much, no one can predict it. They are risking that prediction for some money.

Just newly heard the word cryptocian  ;D but anyways it will be hard if you are easily get panic with little situations of pumps and dumps since if you are afraid of it provably you will end up loser since you might possibly miss the buying and selling opportunity. And if people can't afford to lose then much really better if there's fud they should transfer their funds on stable alt's so that they feel secured and comeback when market became stagnant.

how come that pump and dump will bring fatality to the traders?don't you know that this is what daytraders want?when the prices fluctuate time after time so they can collect more profits

i think you are an obvious LONG term holder that's why this is your opinion,we have other strategy in crypto treatment and that includes Holding for long term or short term,and day trading and also arbitrage so better have knowledge on all and not in single part

Exactly day traders will always make profit even with the bearish trend or bull run. Fluctuations and high volatility is an indicator of healthy market. Meaning, there are a huge volume of btc was being traded into several exchange.
I dont get it why the OP are so afraid with market fluctuations when it's just a normal market reaction everytime an investor or trader are making buy and sell.

Most of them are speculative buyers and daily traders. many of the people buying bitcoins today, are buying based on speculation not because they actually want to use them. Speculative buyers believe that in the future many people will want bitcoins so they buy bitcoins now in anticipation of that future demand and price increase. However, they are very sensitive to current events, news stories can quickly turn speculative buyers into speculative sellers. one the other hand, day traders hit some dips (tops) right and they miss some dips (tops). However crypto is very volatile and it's very hard to predict when a dip will happen or how deep the dip will dive or how quickly it will recover. so they lost money. HODLing is the only strategy that works.

Reacting to the fluctuations of the prices is good. You sell when the price is at the top and buy when it is at the bottom. That is how everyone should be reacting. Fluctuations are not bad because it is how profit is gained by traders and other crypto investors. It is bad when we react in the wrong manner. People are reacting to FUD and FOMO. They sell when the prices are down and buy when the prices are up.

To cut your losses is similar to increase your profit because if you are making some profit but after some time because of some carelessness you lose it, there is no benefit of making that profit. Ultimately you will find yourself at the point where you started from or may be even lower than that. Saving yourself from losses is more important than looking for profits since losses can take place at large scale and can neutralize your profits too.

in my opinion the people who always react are those who make daily trades or short-term investments. they take advantage of price fluctuations to be able to make a profit. and of course they will always react to fluctuations. but for long-term investors I don't think it will react too much to fluctuations because they believe the coins will pump even more in the future. and they will be patient waiting until then.

Just try to profit a bit from the swings with a small portion of your holdings. Nothing bad of making a few 100s$ here and there, on the plus side it keeps you awake to the market and you won't hibernate when the rocket starts to burst again. Guess it's time to make a long-term plan for the next coming 2 years just not to panic if it really starts to get wild again.

In other markets this could be a good strategy since I have seen many contrarian traders in other markets, but in the market of cryptocurrencies that is asking for trouble, just look at the movement that happened a week ago if you saw that movement and decided that it was a good idea to go against it at the wrong moment you could have lost 10% or more in hours while in other markets losing or earning 10% could take you whole year and if you used leverage your losses could be even bigger.

It is the FOMO phenomenon when we are afraid to miss something, so many people have lost money because of this.
I think patience is the key to success in life and it is also very important in the cryptocurrency market. It is easy to lose money if we do not keep our calm and patience in all situations.
The best way is to plan ahead and implement it, If you are not a good trader, move on to the long term.

Yes it is main thing to remain calm in this volatile market but most of traders ignore this fact and react panickly or become over joyed in pump and dump situations which lead to manipulations in market.We need to control our emotions and stay calm in every situation but the actual thing is its not easy to not react in these situation as prices fluctuates very highly so we cant force anyone to be in limits.

How do you expect people to stay calm when they go all in on a trade? Even worse, some go all in with high leverage, so every move could mean they either make a lot of money, or lose everything they put into that trade.

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions, but that's not our problem.... they chose to enter extremely risky trades and have to face the consequences.

Everything would surely react yet no human being wont really react when they do saw that they are gradually losing up their money.
Trading with leverage and going all in is some sort of gamble or shall we say a do or die situation for that trader to take.Even how hardly we do make
some analysis but results or outcomes arent still guaranteed.Therefore, with margin trades we should always set good fund management if we dont like
on getting burned instantly.

Market fluctuations were common with bitcoin, ongoing market variation is much associated with the speculations. Users who are aware about the same won't get into panic. This will help with easy profiting compared to the users making panic decisions to make some profit out of the marginal variations happening with time. Finally as mentioned it is good to plan for long term profiting.

Reacting to each and every fluctuation can rob you off your money.
But keeping a tab on each and every fluctuation is actually very important. The reason being, sentiments in crypto market shift really very fast. Some small fluctuations followed by a bigger one can lead to trend reversal. If they are not followed, you might miss on an opportunity. Always be ready to take position after a fluctuation in case the market plays in the same direction.

When we plan to hold longer since we know that time will come BTC will have it's ATH again then better have a way to HODL even fluctuations is happening. When we plan we will not be affected no matter how low it can but set amount also when to stop loss if ever.

I myself was able to set stop loss but it isn't effective, so I just set limit loss even though it takes for a long time. For that ways I can really see to it that my asset will gain a profitable value automatically, and by the time ATH comes I will benefit from it. Long  term holdings is always efficient when you're having patience to face the struggles.

When you trade it is already given that it is risky but when they do trading with high leverage is even riskier since one small dump can make or break your trade. Leverage trading is good since it can allow you to increase your trade amount even without the money to do it but you have to make sure all factors have been considered and also you have to be ready for everything because we all know the price is very unpredictable and you can’t just trade without considering all the possibilities while having high leverage to avoid losing everything.

Patience is a hard thing to acquire, not all have that kind of heart especially with a status like this. Many factors that could affect our mind and it really change our mind. What is the good thing of long-term holding is to be safe from losing but not really it works for now cause we can't get assurance for the price will going up instead of dropping, even for bitcoin. Even though we are an optimistic person, we could also feel disappointment and sees negative towards the market.

Just before doing a big buy, triggering an avalanche of selling would be really useful.   Its possible there is some skill in doing that though its a bit risky to take the opposite side to what you eventually wanted to do, ideally for a bigger buy you do want a larger amount of selling because it delays the time when they will realise a steady buyer is available and raise prices when entering orders.   People do play the markets but I'd place it as a minor to the overall natural effects that might apply in the actions of every participant, people are generally jumpy anyway as there is alot of short term speculation.

I have always thought that using leverage is a bad idea, in theory you could use leverage but you should reduce the amount of capital that you use in each trade in order to reduce your risk but then there will be no point in using leverage, so the only other way in which leverage could work could be if you are using a very tight stop loss and that you have a method of trading that has a very high accuracy otherwise it is impossible to survive using leverage for a long time.

Yes, I agree with you, we should not easily panic in seeing crypto price fluctuations. at least we wait for price developments for a week or two. then just make a decision to buy and sell. and in my opinion the people who easily panic are beginners. a crypto trader and investor who hasn't been panic for a long time. they can speculate well and smart in taking every opportunity for price fluctuations.

everyone has different emotions, so it's not always the same even though you've reminded anyone, I'm the same as you often observe trends before going to the market, usually I use the weekly MACD 1W indicator so I know when to trade and when to rest , basically being a trader should be more relaxed seeing the price of bitcoin being pumped or dumped in order to be able to control emotions and panic

As long as the reaction is done on time and on target I don't think it's a problem because however when fluctuations occur there will be at least the right time for you to buy and sell, so it doesn't matter to react to the fluctuations that occur, because it is an opportunity for you to get a quick profit or maybe for other purposes which in my opinion will still benefit you if in the end you are able to be patient and not for FOMO.

That's very correct. No child ever died from a little bit of scalp trading. :)

Indeed. If your actions take the right path I don't think that it's a wrong thing to do, but sometimes reacting quickly also harm your investment.
As the market fluctuates and bounce back without your anticipations, you'll lose portions of your investment if you will keep doing that. The method
of scalping can be done if you fully understand how the market works and how will you deal with quick fluctuations.

Fluctuations is just normal here crypto currency community. Also, we can't blame those users to panic due to the price in times of decreasing and most of us cannot control our emotions especially those users who are new in the crypto currency community.

yeah thats funny how can someone say to keep calm when your money is falling in losing?and its easy to say such advice because its obvious that he don't even use that Calm when he is trading(if he really does)
lets leave that to the investors and to manipulators lol,because whales loves to manipulate while investors looking for Profit(or the baddest is losses0

Having that common line;

"Sell when others are greedy and Buy when others are in fear"

It do works for me all the time specially if we do talk about long or trade swings  method.

I think that people are getting impatient as it has been long that people saw any surprise that will make them get encouraged again about participating more in cryptocurrency investment or usage and much of this discouragement is coming from the altcoin section because most of them has really watched what they have built gone down the drain.

Imagine someone out of patient, thinking that his coin will continue to grow from $15k suddenly loose it now to a value that is just a little bit above $500, what do you expect the person to do in new investment, they will always panic as the crash of any coin before it would do the same , and that is why you see that many people that have investment in bitcoin always panic at a point so that what happened in 2017 will not repeat itself again.

There is almost no way for people to react without it affecting the price.
Whether they want to earn quick or they are late to it. The truth is that those who are quick to sell will believe they are late an same goes to those who are late to sell.
When everyone is struggling to sell to gain out they indirectly cause FOMO.

Its easy not to react when you have bought your coins at the bottom price of BTC but when you start buying altcoins today that had just bottomed, you'd not lift a finger when the tokens dip for about 20%. Fluctuations always happen no matter what the whales are doing since most of us are going to sell for profit whichever coins they hold. Just relax, if you are a long term holder and truly believe to BTC and the coins you have that it will rise you will still have confidence to it.

But how many are lucky enough to buy at the absolute bottom? The majority of investors will not buy at those levels and it is entirely possible that you believe we have reached the bottom and then the price keeps going down, and even if your losses at that point are small it is not odd to see many people getting worried about their holdings since they begin to wonder if the coin in which they invested will go down all the way to zero, something that is not really that rare in this market.

You cannot blame most of the people who are inclined into day-trading or short-term investments as they primarily rely on the fluctuations on the price of BTCs to earn cash for their use.
Unlike people who HODL their BTCs for long-term realization, there are also people who focus on a different path but with the same goal in mind- which is to profit.

Every fluctuation on the price, whether the increase/decrease may be relatively small/big, is definitely a big-deal to people who own large amounts of resources. To be honest, you really cannot blame them.

The reaction of people to price fluctuation is simply an emotional response. it is normal. almost everyone here has an expectation. and when it is not being positive, we may not be able to hide it.rate of perseverance differs, people patience is getting exhausted and are exhibiting discomfort. but what do we do?patience remains the key.

Most of the time you wont really mind too much with the price if you do tend to hold your coins for how many years or months but i cant completely say that you would be stress-free with that situation because on my part even i do hold up some significant numbers but it isnt really easy to resist for you not to get worried not only on dumping prices but also when it tends to rise up.You know that you are holding some and when it increases the decision making of yours tend to pop out into your head saying if its the time to sell or would even wait further more?

of course most people will have doubts when price movements have risen, they will take action to sell the coins they hold when fluctuations in market prices occur, because most people certainly hope to benefit when the opportunity comes. another case with people who have the principle to hold for a long period of time, they believe more if the coin he holds can experience a sharper increase in the future.

Long position was historically much more profitable than being short or out of the market. Long is the safe bet.

Long is the safe bet, but it isn't possible with every user. Low volume investors quite often withdrew funds which won't let them get back the perfect profit. At this situation people go for short term trading where the market fluctuation can give peak profit in the short as well as lead to drastic crash on the investment. For this it is good to have alternate plans to keep up with the profit and limit the losses.

I do really have any problem with short term traders, they are just using a different philosophy to trade the markets than the ones that prefer to hold their coins, the great problem for short term traders is that it is incredibly difficult to get profits in this market especially when the market moves abruptly by no apparent reason, and if for some reason you forget to set a stop loss by the moment that you react and sell your coins your losses can be very significant.

Short term trades allow the most profits in theory but requires the most effort to it at or at least skill imo.  Right now we are at the 2 day average price so I think some resistance from there :

https://i.imgur.com/DXkWEob.png

I think my time frame is more like the medium term or swing trade, if we close above 7400 its a more certain long for example.

at least 1 week to hold and see movement, because right now it's difficult to get profit from daily trading. Short-term stop loss in bitcoin trading sometimes does not really help us, instead, we will increasingly lose. better hold because I'm sure in the end every time the price drops there will always bounce back and as traders, of course, we must see the benefits of this fluctuation.

I think that is the natural reaction of every human being, panic occurs when things do not match what they expect. Only a few people can really control the reaction.
Bitcoin is enough to make people put all their assets there, so they forget how to manage their money management properly.

You can't stop people from making ways to sell their bitcoin hold today as the price of bitcoin is falling. Because we have different reasons, others may have to cut losses to buy back at cheaper rates. Some needed money, so they quickly converted their hold of bitcoin into fiat money. And they can do it because nobody controls bitcoin, so we can't stop these people from their freedom for it.

It is not that difficult. Sell high, buy low! Not the other way round.

This is a huge loss if you already buy bitcoin at the price of $12k and hold and then sold it around $7k as the price today.
Most of the trader nowadays are bot that is why the price of bitcoin decreases a lot because they automate to use the stop-loss feature.

I thought the price won't drop more below 8k but it seems the price right now keeps dropping because of spreading news that the price will drop more until $6k level.

If we react for every price fluctuation on cryptocurrency market finally we will not get anything in our wallet so I advise you to hold your Bitcoins for long term profitable goals.
If you want to react for the fluctuation you need to be a trader or trader mindset while you deal such situation. Investment on BTC is like gold and you don't need to worry for small fluctuations.

If it was that easy then everyone will be making money in the markets and that is not what we see, whenever we see a significant movement in the price of bitcoin we see a lot of people complaining about it and how what it's happening should not be possible and how the market should be moving in the direction that they want and we keep hearing about how they are good traders even if their capital says otherwise because it keeps decreasing every day.

You are wrong, some people earn from fluctuations. Traders that buy low and sell high are making a profit, cause price fluctuate all the time. People who invest in the future, that means just for holding for some longer period need to run away as far as possible from news and fluctuations, just to wait for the future to come. If they bother to read news and follow fluctuations they will go crazy probably.

thats true  . because reacting on every fluctuations make us look unintelligent people because cryptos were already known that way  not unless if a person is not aware with that .

reacting on every fluctuations can only make the forum more toxic and can lead for more price change because we are being affected by the emotion of other users or on our own emotions  .  instead of reacting why can we  just calm and foccus  . flucutations wont change or wont end  period  .

Over a long term time span the time in the market beats every other method. Although I'm a very big fan of buy the dip and scalp 10-20% afterwards for some quick profits.

Reacting to price fluctuation is very common among the users, but for the same just holding isn't gonna give an earning same as trading between the difference out of the fluctuations. What's been advised is wrong, because with crypto market we need to do something continuously only then it is possible to learn and earn something.

Holding is much preferred by users who doesn't wish to risk themselves, and they're satisfied with what's been got out of the long term holding between the days of buying and selling.

This is not about being intelligent or not this is about many of the market movement that we see are just noise and do not deserve that we put any attention to them, however since so much money can be made in this market in such a short amount of time it is impossible for some people to stop reacting to the smallest of the movements in the market and while there is no doubt that there is profit to be made there is also a lot of money to be lost if you keep reacting to every single movement of the market.

Trying to sort things according to how they understand the situations, it's undeniable that there's traders who loves to short and scalp around. Thinking that the chance is much higher if you place your entry at right time. Buy oppositely with the news and sell it up after seeing decent profits. News are the indicators and reacting in time will help you to gain good profits.

if someone understands the market situation, I think buying and selling at the moment is good. price is very volatile. movement is faster than usual. so making a scalping trade is better than waiting for the high bitcoin pump price. this is a trading strategy. so make a proper analysis. and start trading. Do not wait for the price of the pump. because you will be left behind.

While I recognize that the market conditions are better suited for short term traders and scalpers at the same time you are forgetting how difficult it can be to make any profits in markets that move so abruptly and anyone using leverage is at an even great risk since not long ago there was a huge green candle in the 1 hour chart and several hour later we saw a red candle with almost the same size, if you did not reacted then you were fine but anyone that tried to trade that probably lost money.