Bitcoin Forum

I want to assume that there are few people, who make several profits from trading altcoins, but sell their profit to bitcoin, and then over time while holding bitcoin, it dumps and their profits dips alongside bitcoin.

Why not do it this way ?
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.

If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away

What do you think everyone ? is there a better pattern that can be practiced?

I am open to more suggestions.

People are not focussing to the bitcoin only. Im also an altcoin trader but im also using bitcoin and USDT as the main pair to trade every day. Sometimes they are trying to bet on the rumour that comes for bitcoin and that's why they were still converting their profit to the bitcoin. There were a hundred reasons for that. I was also doing it too but that doesn't mean if they are always converting all of their profit to the bitcoin.

I do not think it is possible to escape loss as a trader, there will always be losses.
The core importance is to ensure that, there are more profits than loss.

There is no way to escape loss while trading  ;D , even experts who know how to read coins charts do lose most times too, sometimes chart shows huge recovery incoming and once you followed this things takes an unexpected turn, that's crypto for you, always unpredictable

Many traders usually evaluate on Bitcoin basis and accept Bitcoin as base currency. For this reason, when many people make alternative crypto transactions, the money they usually switch to is Bitcoin, and their purpose is usually to increase the amount of Bitcoin. To be honest, I think this behavior is a novice investor movement, although it makes sense, because I was doing this in my amateur times. I am not saying to boast, but I do transactions on our day with stable cryptocurrencies and I think this is the right professional move. Why do I think this way? The answer is actually quite simple, the goal here is to make money by trading. Although Bitcoin is perceived as the base currency, in fact, our first investment move is usually in cash and this currency is very dense in USD. For this reason, it is necessary to evaluate the investment made by looking at it from a wide frame, and in the blind spot of this framework, our main investment is the USD currency. Therefore, I have been making all my trading transactions with stable crypto pairs or PERP trading pairs in the last 6 months. My main goal is not to increase Bitcoin, but to increase my main capital as USD, which is my base investment value. In short, although it is a point of view, I think this way and assume that this is true.

It's a very much known strategy but you can't just tell everybody what to do. We are confident of holding bitcoin and let it move sideways or pump it on its own. We don't mind about using stable coins but if you're very delicate and sensitive with the value, you can do this again and again.
But, what if bitcoin rushes to increase and you missed it? there are circumstances that this happens.

Holding stable coins have risks so they choose to better decentralized cryptos which is trusted by most of the crypto community is bitcoin.

If you want to cash out the profits made then just move to fiat than stable coin unless you will trade them too often.

And you can't find a perfect entry point,so just make a decision when you enter into bitcoin about at what price they are going to sell at.

Putting your money to USDT should have been done when BTC price was still $20k but then anyway, you still can do that every time the chart says its the peak and overbought. Somehow I was able to minimize my loss after holding some altcoins I thought would spike up since last year. Try day trading to get few bucks if you can, sadly it didn;t worked for me but for some I guess it works.

What you are talking about is called profit-taking, but it is only indirectly associated with reduced losses in trading.
After all, in addition to taking profits, you may have unprofitable transactions and this is the very thing that will take the most money from you, more than market fluctuations.

Different people with different trading pattern. But I can tell you that majority of people trade altcoins to grow their bitcoins holding. I believe any good trade will have a reserve in Fiat to buy more position if there is dip for good profit.

There is no way to avoid loss occasionally when trading, if there was then it would be guaranteed profit and everybody would be doing it.
Although if you DYOR and pick projects with real potential then despite the risks you can make  serios money.
For example TemTum is going to be announcing it's partnership with multiple nations to provide them with their blockchain as a backbone for their own stable national currencies.
once the announcements are made to the press, post-corona panic, I can see TEM going $1+

Lol, that's not a very "smart" way to "escape" from losses catching up to you. Just trading your altcoin to a stable coin like USDT when you have reached your profit goal isn't the solution. Why would you even trade it to USDT in the first place? Wouldn't it be better if you convert it to fiat instead? Anyway, the solution you put forward is good only if you decide to never trade at all after reaching your profit goal. If you start trading again, you will have to invest your back back to altcoins and there will always be a chance to lose your investment.

Staying in USDT is not safe likewise staying in cryptocurrency when you're not actively trading. It's best you're an active trader, closing each trade on a daily basis on a pre-determined trade set up. Some exchange has option for fiat you can stay in fiat.

If you are bullish on a particular coin, most especially bitcoin, you do not need to run away or be afraid of holding your bitcoin. Yes, you have to be careful, but a good trader will only use USDT temporarily and not as a way of running away from loss. Bitcoin is the surest of all coins. I am never afraid of a continual trade with it. I am a proud holder of BTC any day at any time because most altcoins cannot be trusted.

My utmost goal is to increase my Bitcoin as much as I can and I do it with trading if alts. It's easier especially when there are some crazy increase that brings big profit in a little while. I always have reserve funds to guide my trades if it's not favoring me.

Your point is valid and i will add that if someone is just looking for daily profit in terms of usd then he/she should trade in usdt or other fiat backed coin pairs only, btc or eth pairs are my favourite just because i like to accumulate more and more btc and eth.

There are reasons why traders prefer Bitcoin as their main denominator when trading and calculating their profit:

1. They believe the price of Bitcoin would go up against so why convert it to Dollar
2. Most Altcoins do not have liquidity in their USDT pairs.
3. The exchange fees of moving it to and fro from BTC to USDT erode the trades profit so prefer to keep it in BTC

Escape means you'll stop? I guess most traders will just use stable coins to make to their safe when they are uncertain with their strategy in trading, but this applies to coins with good trading volume only or coins that are trading in good exchanges.

For short term traders, they usually do this, but for those who like long term, they just hold their coins and wait on the right timing of selling.
That's also my strategy so I can share it here.

Profit and loss are part and parcel of trading but the thing is you should be in profit by the end of the month, the world will never end if you make a loss or we can say that no one can be right always in the market it is just that average outcome should be positive.

Why is it possible? The fact that staying in USDT is much more safe rather than staying in cryptocurrency as it can be affected by the volatility of the coin itself. The only exchange sites that has fiat option are big exchange sites. I think that you must understand about the regulation that already applied when an exchange site tried to create fiat pair.

The USDT has more disadvantages which have not been explained here well. It is not easy to buy the fiat in the recession economic conditions due to the lack of fundamental background of stable altcoins.  The USDT price has falt to $0.8 years ago and there is no guarantee this process will not repeat itself in the future.

If you are trading you usually convert into dollars or any stable currency before entering again, what is the big doubt here as that is how everyone is trading. I used to trade in alt coins when it was profitable and i usually convert them into bitcoin simply because that was my end goal to accumulate bitcoin but if you are trading bitcoin you usually look for a stable coin and wait for the right opportunity to invest back again.

You have a good point trading now is all about exit and entry point since we already have a stable coin to rely on in case the market is dropping, I have a friend who actually does this, all you need is timing, you must be aware of the market condition, so you'll know the right move to exit and make an entry, we have a stable coin to rely on on those scenarios.

When we have profits we should convert our coins to stable coins or fiat to keep revenue.
I have a strategy that you would love. Only for traders who can watch market carefully and continuously. It's for Altcoins/USDT  trading pair. When you catch an increasing wave, find a good entry and get out when you have 5% profit. Wait for another trade and another wave. This type of trade will minimum your loss, it's very easy to take 5% in a bull waves of altcoins.

Your idea is good for traders that already contented to their profit, converting it to fiat is like an exit point. But if you're going to trade again and want to hold a certain coin for long period I think bitcoin is the best option. I prefer to hold my converted alts in btc rather than a stable coin because holding btc is profitable as well, I have an option if I will stay my capital to btc or buy alts if I see an opportunity to take advantage the dip. Plus most alts are just following the price of btc so its easy to buy alts using this.

You need to keep one side of the trade fixed. Maybe USDT can be a reference for that. But I think this is what most people are doing and its nothing new.

Just one coin to convert to is enough. But this is going to be a bit problematic if you are changing like Altcoin>Bitcoin>USDT. Instead just sell the altcoin for USDT because its price is fixed. Then buy bitcoin when bitcoin's price against USD decreases. This micromanagement is essential to keep track and becoming tired of it will not help.

As a trader there are limits to what you should do on your profit/loss statement. If you are keep losing with alts maybe there is something wrong with your style, having said that could result to more losses instead of gains. Altcoin is very risky and we must have extra careful in dealing with them on the market. Once you got profits, dont be greedy on not letting it go. Win is win, and we should be contended with the ROI we achieved. Most losers, loss more due to their greediness. Instead of selling they are holding to seek more profits. Not a good traits of a wise trader.

Trade can not be sweet if there are no gains and losses. Hence, losses are inevitable as a trader. However, we just have to ensure that losses incired are minimal. As a trader one can still escape loss by shunning total greed. A lot of people or let me say traders are blinded by greed. This has led many traders to great losses. Therefore, if greed can be prevented such trade would be better safe.

To escape or reduce losses, you need volume. And this important indicator has to be taken into account at beginnings when you want to trade or invest with any altcoins. With low volume, you are facing challenges to take profits and in worse situation more difficult to cut losses.
Trading with USDT pairs will help to keep your balance stronger and less be affected by pumps of bitcoin. In many market conditions, when bitcoin pumps altcoins dump in Alt/BTC pairs but their prices increase with Alt/USDT pairs.
I guess OP and others talked about both - profit-taking and lose-cutting (I could be wrong). In all of twos, good volume is vital no matter how volatile the market is if your coins don't have good volume you will get losses (from profits or from your loses) due to big gaps of price on exchanges.

In a nutshell, before investing, take a look at (in orders):
- Price trend (price history)
- Current price
- Regular volume (should be enough for escape - profit taking or loss-cutting).

This is because most of the time when you convert your Altcoins into bitcoin the price sometimes rises and you will earn a decent amount of income as well. But when you convert it to stable coins the price stays and if the price of bitcoin increases the price of stable coins doesn't move. Many investors are not moved by this kind of risk, even though they already know the outcome of their assets when the bitcoin price has fallen, they still convert their Altcoins to bitcoin because Bitcoin price will recover at any time.

It still won't escape or reduce losses but I'm saying this is still one of the best ways at this time (especially active traders) to be able to calculate profit and loss for certainty in a trading portfolio by exchanging profits with other altcoins.

Some traders are still overcome by the desire that to get more profits must have more capital by using the results of the previous profits entirely in one type of altcoin so they can not determine which initial capital and which profits they get during that period.

Not as easy as you say, a trader always takes risks and there is no right way to avoid losses in trading. but basically is buying low and selling when prices are high, that's all you can possibly do when trading and to find a safe point possible by converting in the form of stable coins such as USDT or USDC.

You have a very nice advise but still we can not really ruleout the role of emotion and greed. This two play significant roles in trading. It does not matter the coins or assets you are trading but what matter is the strategy and how you were able to build confidence in trading without fear or greed.

being a trader you need to strengthen mentally, be patient, not greedy, not panic and can also observe the coin price chart in order to determine the right time to sell. it is not easy for us to take this part especially for ordinary people like me who have a lot to learn before taking action in trading.

a trader if you want to be successful in trading, you must at least understand how to do technical price analysis or use fundamental factors, there are many strategies such as trading arbitrage or waiting for signals in a telegram group.
what is clear is not just based on feeling alone but use existing support capabilities.

Those things are just basics that you need to learn as a trader, what actually will improve your skills in trading is your experience.
By observing the market being a trader, you will know its nature, how the market will move and that will help you make a wiser decision.
This market is very unpredictable to newbie but for people with experience, they know it very well, TA alone would not help us to succeed, its the experience that is a necessary tool also.

it always sounds very interesting. but as a rule, the emotions of unexperienced people are stronger than they can imagine and therefore they lose a lot of money. therefore, I always say that if a person is not able and has not worked as a trader for at least 3-4 years, then he should not trade cryptocurrency

Your strategy is perfect. This is what I also do a few times that I have traded. Sell off and then convert to a stablecoin. I like to use Tether as my stablecoin of choice. Also, I can peg whatever token on buy order and allow it to trigger when price get there.

Many lost even their profits and capital out of greed, u do the people if which I was a victim to always sell thier profits and close the trading then use initial capital for another trading but hopefully a new coin not already traded. Most second entries of same coins do end up dumping on you. Let's learn to take profits

Always profits isn't dips alongside Bitcoin, sometimes increase. 3 step before hold any Bitcoin or any stable coin. What was the market conditions, running condition and then guess for future. Bitcoin hit 13k USD, now in 6-7k USD, future could be pump. I suggest you to better stay in Bitcoin, at least until third halving.

Oh yeah, I remembered doing this before. When i bought IOST and the price started to fall, i converted it to stable coin as USDT. At least, it saved me from big losses. Somehow, it's kinda effective. Especially when you can spot when will it dump before selling or looking at indicators before the market dumps. However, i dont do it now since I focused on bitcoin trading as swing trader.

It seems that there are many altcoin traders that are keep experiencing losses due to the risks, I also trade some altcoins but the altcoins that I trade are the ones that have the highest market capitalization and also volume. I also love to trade altcoins that have good liquidity where I can exit and enter easily with good volume. For those experiencing losses due to trading altcoins, it is better if you will find the problem first. If you trading shitcoins then it us your problem it is better if you will trade altcoins that have high volume.

My suggestion is to think of trading altcoins as the same as forex, you will not get dividends if you hold for too long and sometimes trust your gut when you want to exchange.

I'm not totally certain with their motives on selling their profit over bitcoin but it seems that it is a form of investment, on the other hand. Maybe it would be much better if they would sell it when bitcoin price is in its poor condition. I agree to your idea but trying different stuff would bring you more profit. And it is not bad though risky, nevertheless, you will just have to wait again or much better buy some btc once again then wait till market pumps up. In addition, buddy you always have to risk if you want to get better profit, so don't think that it is bad practice but a challenge for a new amazing feats.

Why do you criticize other people's strategies? I think there is no rule that oblige other people to just trade in altcoin and bitcoin only. If they thing to move their profit to bitcoin then you have to allow them and if you think that this wasy is profitable you can follow the strategy. Remember you came to invest or to trade on cryptocurrency only for gaining profit, not only for to spread the good think about the altcoin and they should love the altcoin that you love. Find some way for you to gain more profit as you can.

The players that enter in the late game will always be a looser. We must be careful with anything especially when the market is really volatile caused by there was a lot of possibilities for us to take the wrong position and we will be dumped by those dumpers. I never try to enter the market when it was getting the bullish trend. That's a bad time to trade.

If they want to lessen the lost if they trade into altcoin they should set cutloss everytime they make an order . Many trader's lost big amount because they dont know how to use it, which is actually the most important thing you need to know before starting to trade.

You need to always set stop loss when trading altcoin. Do not rely on it and hope for it because if altcoin collapses, its price will surely fall deeply and it is difficult to recover in a short time. I always set a stop loss 5-10% depending on the altcoins I buy

Very true that if anybody gain profit from any business or any project he can convert it into USDT so that price may be stable as the entry level. Actually cleaver men must did it and that's why when market make dump they are keep free from tension. Finally investment is a strategic game and men who made it successfully he can win.

Well losses cannot be over ruled as an altcoin trader, in as much as you want to be conservative and you follow the price action,there are times when a fundamental analysis news could disrupt the game plan or the movement of BTC,that being said,most times people convert their profit to usdt but some prefer to hold BTC because no matter how it falls,it will still bounce back up and it has the tendency to grow in dollar value

Trading loss cant never be avoided but once can curtail though which is by trading and keeping your profits aside, even if you misses target you can recover back through your saved usdt but as for totally escaping loss i.am not sure it's possible in Crypto.

I experience that  in the past, I don't do stop loss as I was too confident that altcoins will still recover easily after the bull run, so now, I have some small regret of doing that but we are just traders, we are playing the big guessing game, we never know what will happen tomorrow, so experience is really important as we learn from it.

If they are big traders, then I think they must know how to set a cut loss for their altcoins. The reason they lose so much every time the market collapses is because they use margin, it will easily make them more profitable but it will also easily make them lose a lot in this market.

Shallow up your loss and move on. Don't clinch on it and let is stuck at your mind, affect the later decision. Sometimes, we have to know when to give up as you can't save a sinking ship of altcoin.

Absolutely agree with you, if the altcoin we buy collapses then we should sell them as soon as possible and wait for the better opportunity to make a profit. Never try to hold it because its price will go down even lower, I've had this case a few times in the past and it helped me gain more experience in this market.

There are a lot of options to get a stable profit using altcoin trading, but not all of course the options will suit everyone, for example, I’ve been successful in selling a lot of altcoins before the entire cryptocurrency market has fallen and invested all the profit received from the sale of many altcoins in bitcoin and already made it x2 profit, so everything is possible, just everyone has their own ideas and goals.

There is only one way to escape from loss while trading. Stop trading altogether. Even the best of the day traders have a strike rate of only 55% to 60%. They are able to make profit, because of their adherence to strict profit-booking and stop-loss targets. And if you want to become a successful trader, more than anything the stop-loss target is important. Never ignore that level while trading.

There is no standard answer for this since everything will depend on how the market is moving at the moment, when altcoins begin to outperform bitcoin and we see a reversal of this pattern this could be for two different reasons, if the whole market is going down then the correct thing to do is to get stable coins, but if altcoins begin to go down only against bitcoin but they are still going up against fiat then that is the moment to get bitcoin so you can still keep getting profits and grow your capital.

Every trader has their own strategy. Nobody wants a loss, it's just a risk. I have a friend who prefers saving profits during trading in BTC, he said: for long-term investment. He doesn't care when it dumps, he just holds, be patient, and sells it when it's up again. Of course, he didn't put all his profits there, because I also knew he had a small business.
For me, preferring to immediately take the profit into fresh money, I save in a bank account. That's a safe way, my version. Yes, everyone has their own way, we cannot force it, because surely the decision has been considered and adjusted to their needs. There is nothing wrong, with a record of understanding this ecosystem well.

It is almost impossible to avoid loss totally in trading, loss is part of risks taken in trading.  What I could have said is mitigating loss as a trader.  Loss can definitely be reduced to the nearest minimum by taken some precautions and through experience.
1.  Don't be greedy: once you get some gain from that investment, it's OK. Don't wait until everything is forfeited
2.  Don't put your whole eggs in one basket.  Spread your potential loss or risks across investments and not just one.

I don't think it's that simple, the hardest thing is that you make a profit. If you want to convert to a stable currency you can trade USDT pairs directly

The most effective was just don't sell your token, their will be no lost in your investment if your not going to sell the token itself. Buying low and selling it on high is still the best and only method.

In able to escape loss as an altcoun trader you need to be always updated of the charts and trades. If the alt coin value is low you need to buy more altcoin and wait until such time that the value becomes higher. Through that you can have so much return on investment. In bitcoin trading you just have to invest your money and wait for the charts and trades for the alt coin value to go higher. With thus situation you may enjoy your time with your family and colleagues while gaining and earning so much money.

You got it @akirasendo17, in all trading activities the losses will always there but, the good thing is we can lessen it if we already know how it will work. No one can escape from losses especially if you will invest and trade with cryptocurrency and that's the reality and I always see that before you start with this kind of activities you need to have various knowledge about it because it can somehow help you to lessen or cut your losses. I also agree with this, it always risky to put all your funds(money) in one coin and the worst is once you only focus on one coin, you will suffer from big losses.

Take note of this quote "Do not put all your eggs in one basket", I always keep this line on my mind and maybe by just seeing this you will realize how important to separate your investment. After you conduct your investment, just diversify it.



No one can ever earn profit from stable coins, it just like you put some of your money in a bank/piggy bank. Being scared about taking risks will only end up losing an opportunity to earn good profit. Having a smart way of handling risk in investment will totally help you to manage and maintain your portfolio and investment.

It's hard to make a profit from stable coins, even if they can, their profit is not bigger than the other coins. The stable coin can works for you if you sell your bitcoin or altcoin, and hold it until the bitcoin or altcoin is down so deep so you can buy back again that bitcoin or altcoin. But if you are okay with the risk, then you should try to trade and make a profit. The lose will always be on the trader, whether they want or not, and that will depend on how good are you to manage the risk.

I apologize, but maybe I didn’t understand the essence of your dialogue a bit, but in fact I also use USDT in trading pairs to trade certain cryptocurrencies.  For scalping in my case it is very profitable.  I choose a specific cryptocurrency, for example, ADA, LEO or LINK, and buy this coin or sell it using USDT.  Of course, I do not have much experience in trading, but I minimize my risks by using the USDT trading pair with other cryptocurrencies.

    The crypto market is always unpredictable. That's why you can't just expect winning investments. Most experienced traders manage to make consistent profits, but they also lose from time to time. I think the key to success is given by this experience and the way you know how to manage your investments. I use the profits from altcoins to buy other altcoins and so on.

You can't escape from your loss without you become a hard holders or wait until minimize your loses. Now has the highest possiblity to increase money if you convert your money to Bitcoin before halving. Cryptocurrency is meant to me risk, if you exchange to USD, your are in limited profits what did you earned in trade.

The trend is your friend, it's very simple.

Wait until the price of an asset breaks its previous high after being on a downtrend for some time. This indicates a trend reversal.

Wait for consolidation at the new price point and wait until a solid support wall forms, then buy in.

Usually, this period of consolidation precedes further upwards action.

This is an attitudd that every traders should have. Yes some of the traders dont let their emotions and greed taken them. As long as there are profits already they are getting out of the scene no matter what happened or even they missed the great cliff of mooning.

What OP suggest is the most safest way but trust me, you would not wanted to always convert into stable coins when you are losing to the ground. I hate to say it but thats market and we should learn to deal with it.

Well no strategy is completely full-proof or perfect. There will be pitfalls but these will be understood clearly when the strategy is being actively used.

So it is always theoretically seeming correct but errors do pop up and so trading will incur some losses on the part of the trader. Using a stablecoin as a central pivotal reference does have its consequences.

The Tether is not completely trusted to be a part of the cryptocurrency ecosystem but I think you can use it to your own advantage. Still the problem is Tether breaking down and getting hacked or stolen is always there.

We cannot really avoid loss in my opinion since we cannot predict accurately the market price of a certain token and also we could not easily control the market.

I think the best thing to do here is just to buy loss and sell high when you could already make some profit, If you are going to sell already your investment if it is already pumped in the market you should sell it already and then wait again for the price to dump and then reinvest. In my opinion, this is better than just investing in a token for the long term since even bitcoin could not just pump all the time even at this time the market is dumping and pumping.

buy at loss ? or you mean to say buy at lows  because that isnt right when you buying at a loss because that will only be hard for you to recover what you have bought  but buying at lows is right because you wont be loosing anyway and you can easily earn a profit once there is a pump that happen . there are also analysis and expert predictions that we can use to avoid loosing   .

its not bad to seek for profesional help if you think you are lacking of something so that you can escape loosing for a while  .

Good if you can make a profit from altcoin pair USDT. People who trade with altcoin pair bitcoin is not trying to trade altcoin pair USDT because many of altcoin is not traded in the USDT list. Besides that, they think that the profit will not bigger if they still hold in the bitcoin or altcoin forms, and not USDT forms.

So they still traded as usual, and hold the altcoin or bitcoin forms, not in USDT. The longer they hold the altcoin or bitcoin, there will be an increase or decrease for the coin, and that can make them stress. But if they convert it into USDT, they will not see the decrease of the value because the USDT is not down too far.

I've tried before in my day trading to convert it to USDT and it seems like a good strategy to extract your profit from your capital anyway.
I did not trust Tether also before because it seems like way too immediate to have a stable coin backed by USD like we all know that is regulated and regulation isn't going so well in cryptocurrency sometimes.

That is a reality that for some reason people do not want to accept, maybe they are too greedy or maybe they have expectations that are simply too high but it is impossible to always win your trades, you must accept that you are going to lose some money to the markets in order to have the chance of multiply your money, those that are successful are the ones that are able to manage their money and their emotions and are capable to cut their losses short and to let their winners run consistently.

Even the altcoin you are traded is not have any pair to USDT yiu can still  able to convert it to usdt but you need to use other market.

For example token - ETH pair then after having ETH you are now able to use the ETH-USDT pair it will have the same result, you are only need to add another trading fees for this convertion but its only a little amount you will waste doing that.

Definitely, you can just trade it with bitcoin and then trade to USDT, or vice versa, that way you can withdraw the funds or if you like to keep it safe, you'll keep a USDT so its value will not be volatile, and that's the reason why we need a stable coins in the market.

Some coins with less volume will require more process but the process is just easy so it's not really a problem.
It's necessary that as a trader we know these things as that is the only way we can protect ourselves against volatility, when needed to.

Trading altcoin requires a lot of experience. So you need to have a lot of experience to trade altcoin effectively. If you want to make a loss when trading altcoin, you need to know chart analysis in the short term, and always update the market every day. Also always set a stop loss because bitcoin can be dropped at any time and it will cause the altcoin to bleed.

For day trading whatever coin you are using will likely be converted and reconverted at short intervals so there what you are holding as intermediary becomes less important. Of course if you get so lucky that one fine day you are trading and that coin gets frozen on exchanges for investigation. ::)

Nobody does I am sure. But what else could you use? For sites like Binance you can use BNB but again BNB is also a disguised ponzi scheme whose price gets pump and stays there but for how long is not known to anybody. Exchange tokens function in the same way. They are not safe so use them with caution.

Not only chart analysis he needs to analyze the fluctuation of Bitcoin because without proper prediction bitcoin price makes them lose their money with the altcoins. Experience is the major concern about to justify the price of Bitcoin if we place the order at the higher price definitely we might lose without proper analysis.

Losing is part of trading and if a trader already experience it you will come up with a better plan to use the next time you trade.

We can minimize our chance to lose if we have a strategy. Converting in a stable coin is good but it depends on every trader.

Sometimes we prefer to hold in btc then take advantage the dip once it occur.

The point is there are many traders that don't trust USDT and other stable coins.
Escaping losses is like you're avoiding the whole market's devastation. You can avoid this by getting out completely.
But as long you stay, don't expect you will be free from it.

The patience is there at all times, but how long a trader will sustain while bitcoin and altcoin value has no assurance. While we didn't see more signs that there's a potential increase which contributes to the growing market. However, in avoiding your loss don't ever decide quickly but rather choose to hold your coins safely.

I believe the author is interested in how to reduce losses during the trading itself and not how to avoid trading itself.
As mentioned above, you need to close all transactions in plus. Even if this plus is small. This is the key to your mental health.
It is extremely difficult to come to this, but this is what every trader should strive for.
Only with experience can you identify risk points, by lowering which your profit will rise.

I hope he understand the position of staying in BTC at this time, the worst possible dump is $1000 and highest possible pump is over $100k, the price of bitcoin is just above $7000. It depends on the capacity for risk but it looks like the wise decision is to stay in bitcoin until the bull run. You cant be too careful but can be smart to stay long,try stable coin in  small percentage of your holdings but for now I dont hold any stable coin, am even scared to hold any while I see those pump and not benefit.

Traders cannot escape from losses but only holders may get the chances to avoid losses with their altcoin investments. It means if you choose your altcoins with care then you may get chances to avoid losses. If you notice, only holders will be making more profit compared to traders. So if you are more concerned about escaping from losses then you should not go for trading altcoins. Instead of trading frequently, you must choose few altcoins for long term holding.

Instead of trading frequently, you must choose few altcoins for long-term holding. Please note only few. If you go for investing with a random coins then the chances for facing losses will be more. Some years back, I have tried day trading bitcoins against fiats and altcoins against bitcoins, but none of them were beneficial to me. Then I decided to invest only with bitcoin and a few other altcoins like ethereum, ada and waves and I'm still holding them.

The only way to escape loss of your altcoin is by hodling. As long as you don't sell, the price is nothing but a number on the paper.

Avoid what? because usually losing altcoin is synonymous with hacking our wallet by someone we don't know, but you say this with just a word without a more complete explanation for it.

Most times when we close our trades in Btc or Eth, we expect to swing some profits in both currency before converting to with fiat or stable coins. This does not go in our favour always. I will advice people to trade against stable coins like USDT it saves the stress of sudden loss in Btc price and it also removes any sudden gain in Btc price either way a trader should decide their trades we cannot have it all.

Yes, you are right. But we can select which pair that we feel comfortable with to trade so we can know how to minimize the trading fee, and of course, for the withdrawal fee too.

In token - ETH pair, it needs time before we can be able to convert that token into ETH because the price will not move in a short time. So, in this case, we need to choose the right tokens so we can get the ETH in not too long.

That is what I have been talking a about, when Bitcoin or any other major coins are going dip, instead of lossing any profits why don't switch to stable coins since they don't make any changes in their prices wether it is bearish or bullish then like what you said switch back to your bitcoin or any of your desired coins to invest with when the market is turning into bullish to gain profits.

This is a very wrong way to go about it.
The price is something and a slight dump in price usually rekts so many capitals. So you need to relearn your strategies to fit in with the realities in crypto currency trading today.

Hodling aimlessly is not rewarding, there must be strategical news, rumors, updates that you are expecting before you just hodl for the longer time

Definitely not reward because it's investing blindly.

Holding is always good if you believe on the developers and at the same time you follow their updates and development.
it's a gamble, and you have to put some target so you'll be able to sell it at the right timing.

For me, following the update would only give me a chance to cut loses, because if I feel the project is going down, I will have to sell right away.

This is possible by launching a single stop loss.But not all exchanges have a stop loss system.As far as I know, there is no other option without it.Turns on the trade.There is no option but to wait.

Although you may not completely escape  loss as an altcoin trader or crypto trader in general ,  but if you study the market well and get familiar with FA and TA  you can trade with profits.  One more thing you have to avoid greed,  take your profit while you can.

Greediness will make you avoid the profit. If you wait further more for a greater profit because you are greedy, this will not allow you to take the profit while you can.
Avoiding the greediness and setting an accepted profit shall be enough as a trader.

In order to overcome a loss in trading, one should continue. If you lossed an amount due to a mistake then learn from it, continue. You won't always win in such msrket wherein consistency is lacking. What wotks is deep analysis and luck most of the time. Predicting the best coins to trade is not possible. Selection of coins would depend on the trader's speculations of the market making it normal to sometimes lose.
Wanting for more is not a bad thing, there are times wherein waiting is suitable and times wherein it would be more risky to hold for a little longer. But I do get the point, trading do work more often on short term and investments do work more on longterm. But it still depends.
Holding won't be effective always. There is a chance for the loss to bloat if you will still hold and wait for things to recover because there are times that coins remain on the "dip".

Losing is part of a traders life, you will have losses and that will be normal in any day because that is how being a trader works, you make profits and you get losses and hope that in the end profits are larger than the losses and that way you could be in profit over a longer term.

I have a friend who makes trades almost everyday, even on bad days when things go down dude is trading, he does manual trading and also works with a bot as well (different accounts on different exchanges) and dude had the biggest loss I have ever seen in trading once but also had the biggest profit as well, overall he is doing alright, he is not super rich but doing quite well considering he has huge swings between ups and downs. If you want to be a trader, learn from your losses and move on.

This fact is really inevitable and I do tell people no matter how careful one seem to be he or she must one day face loss but curtailing it is by removing greediness and be contented with what you have earned, learn to monitor market before one buys and also learn to be confident, you don't trade with panic.

I hold only tokens/coins I extremely believe in. Usually for 6 months to 2 years while I monitor development. This used to be a major habit for me till I understood that I most cases, you can't really tell the trajectory of a project just by a beautiful whitepaper and busy roadmap. In some cases, developers may have some mental or moral twist and then, there goes the project. So in the end, always put in some money you can afford to loose and don't forget to take profits whenever you are in position to do so. Crypto is really unpredictable

People are kind of more statisfied if they lose when in BTC than losing to an altcoin. Even if BTC is on downtrend they won't mind. But if it goes up, then they will be in massive profit.

When we are holding,  we should be careful and wise in decide it anything that we want to do to our coin. We should be careful because we want to sell it in the right time.  It will be better to lose in the real fight rather than just dream about it.

The simplest way to escape loss as a trader that i know is.
1. Always do your research and be on top on your trades.
2. Always take profits, don't hesitate when it comes to taking profit

I think only in a more simple way you will be able to avoid the name of the loss, the way is you must be able to control your patience when you are stuck at a high price then you should not sell it at cheap prices in any way do not sell at low prices because when the estimated value of your assets can return when prices have risen again and make sure you trade in the top 10 best altcoins..

It is bad if that's really too much and causing you to be greedy. That's how it goes and if you are very contented to the profit that you are earning with your trades, you will not commit further unless you want to take risk and you know the consequence of it.
You can always set how much you want to achieve but make it reliable and close to the reality to avoid further losses.

A good trader can minimize his losses by trading in stable coins not in shit coins. Some time A Trade goes against  so best step is to use stop loss and do research on coin before taking trade. Profit loss is the part of trading.

There's always knowledge that should accompanied by your actions, if you wanted to have a much higher success rates when you are into this business you need to work with your proper understanding. There are lots of works that you needed to take it's shouldn't be rushed out since you are dealing with your hard earned money, invest when you are ready and keep in mind that you have to keep adjusting until you learned the proper ways of trading.

Is this stop loss automatic? Cause when I am using Binance in order to execute it you need to click the stop possible gains or loss in order to stop it. Most trader probably using margin and future trading cause its simply have a good chance of earning bigger. I only use spot trading when I needed to dump my tokens from bounty but for important one such as bitcoin, eth or xrp I am using the feature of marginalized trading for better leverage of coin's gain and profits.

you know wen the market is going down, if you have USDT and BTC market is dropping you can convert to them to earn more btc, so in this aspect you have gain more. secondly you will keep track on the market as it's going up then you convert it USDT. but trading other currencies rather this is also good but for safe trading i will advised people on this, i most used that too

You don't understand why People choose Bitcoin to Hold compared to stable coins or fiat,Because most Of Us(Including me)
 are trying to make profit sometimes in Trading altcoins but converter to Bitcoin after because we trust the number Currency
and we have seen how this grows over the years and we are very certain that even if it dumps tomorrow Pump will
follow so that is why we are very consistent in our Holding though we also have some Good altcoins as diversifying is safer way to have Holdings here.

Research is a common thing but you must think an alternative way to trade just like use stable coin pair to make sure you can avoid the nature lose caused by the volatility.
Just try to take the profit whatever how much it is. Some times people wanna bet more and more without try to do a good for the fund management. This is why fund management is an important thing.

indeed we need to trade our coins to stable coins if we feel that market is collapsing but people just trade thier coins for fiat which is also a good idea but the only problem is that you might spend the money accidentally which the purpose of that money is supposed to be for trading .  
sh8tcoins is not a good coin to invest but people still pick them because they are cheap and they expect huge return  . other than that i agree on the last part of your sentence

The major factor we need to consider in trading is fund management, without fund management, it is impossible to make profits in trading, even though we have very good experience but failed to do maths will always lead to losing money. So it is always good to convert our profits into stable and also we need to the altcoin with the stable coins only instead of BTC and ETH.

Well, of course that is the best idea IF you knew when they dip was happening,,, but this is like trading in a way, if you keep trying to sell for stablecoin during a dip and back to crypto before the bull. People lose money this way. UNLESS you want to store $ value, in which case you do not want to have crypto.

It is difficult to escape or get away from loss in doing Altcoin trading because there is no perfect trading. It is because the volatility of cryptocurrencies in terms of their prices is always present and it is really hard to predict whether the price will go up or down. It is just a matter of instinct or gut feel whenever a trade becomes successful to the extent we expect it to happen. Experiencing great loss on trading can be lessen if you will just know the appropriate limit you can foresee on doing trades to lessen the risk of experiencing loss. Experiencing loss on trading is just a normal scenario because volatility is one of the features cryptocurrencies do possess so it is unpredictable to say if the trade you will do is insured to succeed.

This is absolutely the best, it affected me and still affecting me but I chose this pattern not to be greedy, once I sell a coin I will let go of that coin for that moment and move to another trade, second missionary journey hardly favour me but must people are in same shoes with me, they sell and use both their profits for second journey and everything would dip together if which thus ends of loosing both capital and profits. We need to be more wise.

Trading altcoin requires a lot of experience, and you have a lot of time to track the altcoins you are investing. If you are not sure about the trends of those altcoins, you need to set a stop loss to ensure your assets are safe. That's the way I am in this market to the present

Well, you’re right about that, though this is not a new idea, it’s really old and many people have said it here and also many people are already doing it. Anyone that wants to save their money from being lost from the wild price movement of Bitcoin and other volatile cryptocurrencies should be using stable coins such as Dai, USDT, TUSD, and other stable coins there is in the market.

If you’re trading with Luno exchange (my favorite platform), you can exchange it to real USD and that way you will be safe and the money will still be in your wallet. One simple way to escape from altcoin trading is, choosing only 3 or more years old coins only for trading and that type of coins are always good for holding too (holding will not let traders to face losses).

I'm with you with that answer, a trader with experience can easily determine those points that are low or high risk.
But if the mental aspect is affected, we can't determine how a trader will react on this.
We have differences with this matter.

if you want to trade using altcoin then I recommend like BNB, ETH and USDT. some of the top altcoins have decent selling prices, both for the long and short term. especially when the market situation is starting to improve, of course you can trade the top altcoin to get a decent profit.

I'm sure nothing is 100% successful in crypto trading, let alone playing Future, if you trade with the Spot market I think buying 20% when supported is very safe, if prices go down better Hold, and buy again when prices go down to the next support, and make sure you buy a good coin, I'm sure the price will return even higher

This is not the end of the business here, if not fully controlled then we have to fight against such a loss all the time, maybe the winning party will be less, because nobody will be interested in investing in losing all the money,followed this things can takes an unexpected turn, that's crypto for you, always unpredictable .
   

although you suggest to buy the coin you mentioned but I am sure he will continue to suffer losses because there is still something that is lacking to understand, trading must be able to use the money that was planned for trading so that when any situation occurs it does not use it and does not sell it at more prices cheap when you buy, so that it will avoid loss.

Not just for Altcoin's traders, I believe those associated with Altcoin are also involved in bitcoin, so I would like to tell traders of both platforms that trading deals must be done in another way or another pattern to get rid of the commercial loss, otherwise from the blockchain platform. Potential to read, so keep trading.

To reduce loss, I mostly trade altcoins on USDT pair, unless there is no USDT pair for that coin. I choose USDT because most likely it has more trading volume compared to other stable coins. In the real sense there is no way a trader can avoid loss totally, you just need to try winning more than losing more. Stop limit has been helpful, I don't joke with it.

When you lost chance with trading in altcoin you can try with trading in bitcoin only, I know this become good chance for trading in bitcoin with stable price and keep going up although ever down. Without big risk with bitcoin trading you can take profit every day and not have big risk with your trading.

There are many kind of traders available. And one those are trade Alta with btc they don't care about the value in USD they care about how much btc they earn. And they are hopeful about btc. I dont trade very much but when I do I always go with alt btc pair. Cause I love to hold btc and boost it. So it's upto you but one thing I appreciate you that whenever you make your profit leave the trade. Most people lose this position.

As a trader there is no way that you can escape lost total but can only minimize it to lowest level. I would rather invest the profit i realise from altcoin to stable coin rather than  investing in btc.

You are right but it is easier to say these things than implementing them as strategy, what will one do when he enters the trade after 10 to 20 dip but the price keeps falling, just imagine how many loss trades most traders are in because most alts are below 90 percent of their previous highs, in such a situation i do not think so any strategy will work.

Many of us lost our profits and capital because of greed. The main theme is wait for the right time its place for keep your patience to the top and have some gut to hold on with your experience to trade altcoin effectively. Investing with a random coins then the risk of  facing losses will be high . Best is try to invest cmc top 10 coin like Btc and Eth are the best mine best choice .

It's not about the pattern, it's about the technique and decision making because not all the altcoin holders will do the same to what you have mentioned maybe there are few but that is their mistakes and I am sure that they will not do it again. Escaping loss is very important and you need to be wise in every decision that you are going to make so you can assure that you will not regret those decisions.

Putting your profit to stable coins is a good idea but sometimes other traders become greedy once they are already earning a profit and because of it they end up losing even their investment capital.

I don't agree about that because when you are getting a loss in coin A and then you take a big risk by use the your capital from cut-loss the coin A and try to invest in the new IEO that launched on binance and you can recover it instantly.
There was a lot ways and that depends on how you can manager yourself to find the best way,

How to escape loss:
As a trader, develop a trading skill which you follow consistently, define each trade target, use the stop loss function. This function helps a lot and could force you out of a trade as well due to sudden market shakedown and recovery. As a trader, define each goal and follow it do not get excited about price gain follow your laid down strategies.

If you selected attract in trading altcoins exactly for profit so therefore evidently converting your profits to fiat or stablecoin will be the preeminent opportunity but while you pulled out awareness in trading altcoins to step up your bitcoin property at that moment advertising them to bitcoin has to be your quantity one priority. You taught market is not going anywhere but anytime market can suddenly spike  thats why you can miss potential gain.

Just as you have rightly stated, the core reasons of escaping loss, is to make sure the loss is at the lowest level.
Which also means that, you have to make more profits than your losses, for you to really be in profit.

Either altcoins or bitcoins; both are rewarding, you just have to find the one which you are more suited to.

I am typically an example, second trades of same coin hardly favours me and as you rightly said keeping profits and joining back with capital will also help in curtail loss. Many lost huge because if greed though. And one understanding trading well would help too.

when trading I suggest not to be greedy if you want to re-use the coin you bought before then you can wait until the price falls again or at least you buy a coin at the initial price when you buy only need to open an order at a low price and wait until your order is hit.

I can't agree more, nothing kills in life than greed amd it's applies perfectly in cryptocurrency trading. I seriously got burnt the few times greed got an hold of me while trading. Before venturing into any trade, it is better to set your goal and when you hit your target range, take profits and if you can risk the money then you hold on to the trade. Knowing what you want is the basic instinct that will help you fight greed while trading

There is no way out for escape loss while trading, its hard to say that you can surely be able to profit from any altcoin trading . Sometimes some hype / rumour about bitcoin can bring some bucks but that can be called escape loss from altcoin . Different peoples have Different trading strategy for their altcoin trading , AS a reason an altcoin trader bitcoin is the mother of all altcoin ,so reason behind converting their profit to the bitcoin is so obvious . Always do your research before investing .

I do agree with your first line, there is obviously no way out to stay out of loss completely as a trader. But if you focus on what strategy works for you and maintain it, you will be winning most of your trades but that's if you are good with technical analysis. My strategy for trading alts is this; i donot aim for too big profit, i set stop loss for all trades, i do not use big funds for leverage trading, i convert to USDT when i analyze and think the market will dump, i hold a bulk of my portfolio in Bitcoin without trading it.

That's true and it will be much better if we can combine it with the fundamental that we can get from various news sites and technical analysis regarding the movement that happened in the market. I guess we must try to be careful with it caused by that will give a lot of impact to our decision regarding which point that must be taken by us.

There are several ways to escape loss as an altcoin trader, it is just that you refuse to take notice due to your immense believe in your capabilities.
You do not enter into every trade as a trader, there are some trades you ignore and look away waiting for the next entries.

Don't push your thoughts on the market, understand the markets emotion and trade accordingly.

There is nothing to be worried about if you buy Bitcoin and the price dips, it's more of a safe haven compared to altcoin, there is a high chance of recovery but it's probably not the same with altcoins, once some altcoins dumps I'm value they will never climb up again

We confidently hold bitcoin and let it move sideways or pump itself. We don't mind using stable currencies but if you are very delicate and value-sensitive, you can do this many times. It's a very well known strategy but you can't say Let everyone know what to do.

Yes, in general, Bitcoin and a stable currency have always been the priority of everyone at any time, because both of them always have good effects for holders, especially for holders who are super patient in dealing with market situations.

I do not blame your way of thinking, and I must admit your opinion has a point. Most people get profit from trading altcoins
to buy Bitcoin which if the price of our assets can be reduced too. But think about the opposite what if the price of Bitcoin goes up,
we can get double profit. So the conclusion everyone has their own way to the profits that have been obtained. Some have bought
Bitcoin, some have been converted to stable and some are used gambling. Whatever your choice there must be consequences.

The best way to avoid or escape loss as an altcoin trader is to learn to take profit and do away with greed.  using stop loss can also help reduce the risk of losing all your funds. But do not always forget to avoid greed and take profit when you have an opportunity to do so , this way you will reduce the risk of losing as a trader.

Putting profit from trading altcoins in BTC is a wise decision in my opinion and not otherwise. BTC has proven to increase in price over time against all odds, so if anyone converts profit to stablecoins, it's not a bad idea but not my style too. It's a two way thing anyway, but it gives me joy growing my BTC value over time, that's my major goal in this space.

because traders think differently, many traders want bigger profits. they trade in altcoins and then convert to bitcoin because they hope that bitcoin can also provide profit from bitcoin trading. This is actually the main reason why many traders don't convert to stable coins like USDT before they actually get the desired profit

When you are losing a lot and holding bitcoin is not the right answer for this problem. Everyone should know bitcoin is very difficult to double on its price caused by it has priced so high.

It's better to stick into the altcoin that can go more than 2x instantly.

It depends on trading strategy and how market is moving. If there is a loss on bitcoin then traders will not hold it either and convert it to stable coin. Traders used to convert their alts to btc for stability way before stable coins came along but since some of them have shown to be stable traders are moving towards them when there is instability in the market. Then, there is another market trend when alts become stable and btc starts moving up. that's when traders move their holdings to btc instead of stable. There is no right way to escape loss and as a traders that's a risk you take but with proper market research and training you can make decrease your risk.

A person who waits too long for profit may fall into an mistake caused by greed.
When a coin begins to grow, a person wants to sell it at the highest point, he reaches the moment when the coin begins to fall.
Usually this drop is very sharp. Greed, as a rule, says that there is a chance that the coin will return to peak indicators in the near future, and the person is waiting, looking at the next drop.

There is a point you mentioned which got my attention, "there is no right way to escape loss". Even the strategy suggested by OP is not perfect, even though it might be helpful at times. As a trader, you definitely must lose at some point in time, even if you are a master in TA. If you win most of your trades and lose few, then you are doing great in trading. Even if you win 60-70%, that's not bad.

For me, i feel either you are trading, investing or a steady hodler, there is a simple way to escape loss which is taking profit each time there is an opportunity to do so. Sell high, buy low should be your trading motives

Some traders are already doing this, they always find their way to make a way of saving their assets than losing it. But, there is no way to escape loss, even the strategy you suggested that was already been used by other traders is not enough to escape loss. There's still a percentage where you will lose in trading depends on the movement of the market.

I mainly trade on Altcoin/BTc pair and total my profit will be turned out Bitcoin and day by day, my Bitcoin amount will raise. And at the same time, I believe the price of Bitcoin also raise and my profit will increase exponentially

avoiding losses having to really update about altcoin it when you have bought or haven't bought because I noticed altcoins can go up and down so fast
depending on how the owner's If the owner is able to make something that investors can trust then the altcoins will rise and vice versa if there is bad news atlcoin will go down a far

Yes, it is clear that traders and token holders are very different, because traders like to spin their money for profit or profit, whether it's daily or monthly, while token holders are just waiting for a good price when they want to sell it back.

It's actually not that simple because not every news, either bad or good are legit. Some of them were fake just to give some fud or fomo. Being a trader means that you need to acknowledge the risks of losses and the other. While you could use every of your experience, your reseach either technical or fundamental will play a big part. And patient also would be the key. And most of all, try a good or major coins. But it's all down to personal experience. Not everyone can avoid losses and not everyone will have a bad day when trading.

and also some original news doesn't have a significant impact on the token / coin.
So altcoins are very difficult to guess.
but some news is also sometimes accurate / working, so the form is formed before the event takes place.

To save profits traders, in my opinion, I prefer to go to gold or invest in assets that are less risky or can also convert them to fiat because cryptocurrency fluctuations are fast. The idea of storing it in USDT or any other stablecoin concept is indeed a good idea, and I'm sure many users are doing that especially since usdt has become a benchmark for other altcoins. Indeed in the worst case that the profits will decrease if bitcoin decreases but if bitcoin goes up? I thought it would be a good idea, moreover, the bitcoin market is currently dominating in the cryptocurrency market where the possibility of adoption is even greater, it might increase its value.

Stablecoin saves all tokens from near depletion. Its a good way also to used stablecoin on the exchange to keep your profit on the go. I am bit skeptical sometime on what to buy but of course this is the reason why you should do a proper trading. Hard to escape loss when you already feeling the trap on altcoin. Its always better to be safe, and take your at all cost. Dont be greedy thats the best thing to do.

btc fluctuation is fast but alts are slower especially those that are close to being a stable coin  . if you have alts you dont worry too much and you dont need to convert them for btc anymore unless if you dont like alts anymore , thats allowed .

 gold is a good alternative too , your few of those who  plan that because usually when people invest on crypto they only stick to it

No one can disagree with you that most of the people really convert their profit into bitcoin. It also happens because of people whoae are new to crypto society they have less knowledge about it.So all that they are doing,they are following some peoples.they are going the same way.
Thanks for your suggestion,it helps me.

You can't escape losses when trading because you can only predict and predictions will not always work in your favor, to limit risks using altcoins one had to choose top altcoin and not new altcoin for trading, the most reliable altcoin for trading is NEO.

 There is really no way to stop loss, loss will happen one way or another and you will have to just face with the fact that you are going to have winnings and losses along the way. If you go from 1000 dollars to 800 dollars to 1200 dollars thats still a 200 dollars gain, doesn't mean that you went straight from 1000 dollars to 1200 dollars, you did went to 800 dollar in the middle there as well. Be ready for stuff to be like that, there will be days when you are down and you will feel like it will be incredibly hard to make a profit but even the biggest losses could be earned back if you are patient enough and have a good strategy.

 Hopefully though, if you are smart enough about trading, you will learn more about what to do during loss, how to make a profit is not hard, you just buy something and sometimes they go up and you make a profit, its easy to understand, what you do when you have a loss is the difficult part, that is what you should learn about, if you could learn more about it like cost avarage dropping and stuff like that, you will be able to make a profit quicker.

For altcoins, you need to have a clear strategy. If you are a trader then you need to set a stop loss, the price can crash at any time so the stop loss will keep you safe. And if you invest in the long term then buy at a reasonable price and hold it, no need to pay too much attention to the general situation of the market.

actually the market is not 100 predictable even though you apply the pattern that you usually use or you believe that when you are going to buy the price will go up, it could be the opposite, of course speculation and predictions help us predict market price movements rather than doing nothing and buying without considering it first, it's just that losses will also come to you, when it comes you can minimize it.

People who hodl bitcoin rather than stablecoins like USDT and etc., is because they believed in the long-term potential of BTC. If you look at the price of bitcoin and the trend it is going, BTC price will continue to grow better in the future. Many believe that this year will be a bullish year for the btc platform.

Coin stable / FIAT is not a good choice if you want to become a trader, because what will you get with a stable asset? better find the top 10 cryptos and invest there.


Patterns are always changing, there are no definite standards. You just need practice and practice to understand.

First, cryptocurrency market is not our friend, we need to study the market carefully before investing and to save our investment, we need stay updated with the projects we invested in and also if there are lapses in the projects, we know when to convert to USDT and be safe. All we need do is stay updated with your investment and know when to hold or convert to USDT.

You'll most likely to experience losses in trading. One out of five of my trades are usually just the successful trade I make, but I make sure that one successful trade recovers all my losses on other trades plus the profit.

I advise that you always stick with a plan when trading and don't go on buying some coin just because someone recommends you to buy it or just because the hype is great. Don't speculate, make your own analysis and stick with your strategy. When you experience loss, you will always learn. And the strategy for every trade will just continue to improve.

I hope this helps. This is not just applicable in the crypto market but in any other market. It can be the stock, forex, options, etc.

I can't say there is an escape in altcoins trading because they're just another headache to new traders into cryptocurrency. Well, maybe you can try holding for time being as you await a price spike from the tokens, sometimes you have to be smart with news or tweets from projects core team members or from CEOs for a possible pump. Most of my chances are from telegram groups that specialized in sharing of tweets from projects CEOs, when this is done ontime the token price must spikes up within few minutes after the tweets. Am a day trader and sometimes midterms trader.

One way to escape losing money by trading is to STOP trading totally. That is exactly one of the safest way to stop losing money. You should also consider the fact that gambling has higher risk but has better rewards. Another thing is to HODL some of the Alternate Coins that are currently making their name in the scene and wait for them to increase their values.

There is a trend in this market that most newbies dont notice. Every traders with intention to make money does not take side, never fully in bitcoin or altcoins, go where the money is. It is time to lower yourself in bitcoin to multiply the same bitcoin. I only seek altcoin with bitcoin pair trade, invariably will result trading in fiat. Consequently more trade for btc/fiat increases, thats how new money flows into bitcoin and in the space, it will be seen with more value of stable coin.

yes of course cryptocurrency price movements will be very difficult to predict so maybe to be able to get a profit then you must be able to trade patiently in the sense that you buy a coin after that you can wait for it to rise, use a system like this to be able to make a profit, because if you wait patiently will definitely get a very good one.

That is why we have a chart to look at before investing any king of investment. You sure doesnt wanna buy at high right. It can be predicted but more to guess by looking the graph and the current situation of the market. it will minimize the loss rather then blinding buy on the market. To be a trader you must have to be patient to wait the market price so you can buy at the correct time or you will be loss if you are not very impatient to wait the correct market to get in.. 

This is the great work of doing to escape losses, but it is the same as an investment via fiat. Alos to what point we can wait to enter is the crucial decision. Let us say you enter and again it goes downside, you will still incur losses.

You are right and as far as i know most traders have already moved to usdt or other stablecoin pairs just to confirm the profits.
New traders coming for other financial markets like forex or commodity also trade usdt pairs because they want to be clear about their regular profits.

The issue about converting profits to fiat or stablecoin is because you loose out of the pumps. We always want to keep profiting out of the market and this is one of the reasons why we end up loosing everything. My advice is to always take some profit and convert to fiat. Holding fiat is much safer than cryptocurrency on an exchange, as we all know, anything can happen.

Yes. It's more safe to take our profits once our trading has reached a good point and then convert some of it into stable coins and keep those other profits for future use. Most of us here once we make profits, we tend to buy bitcoin even if its not at its low price and ended up lose our funds because the price suddenly goes down due to its high volatility. Patience is the best virtue in trading but not all of us here are being convinced with it.

Obviously there is no sure way to avoid loss 100% in trading, even if one holds stable coins like USDT waiting for dump, you might buy the dip and it goes down more, nice point here. And also, to actualize the strategy suggested by OP, one needs a lot of patience and funds too. You can't keep 50% of your funds in USDT if  you don't trade with big funds.

When you do trading the very important thing is taking profit out of your effort on buying and selling of your coins. That's true when coin is pumping others do the buying that really may encounter of losing some. When the price of a certain coin is already in profit you have to be wise by converting to much stable coins this way it could minimize the risks.

Let's say you will be using it as a way to secure your money until the market will get rekt for the second time and you will get the more chance to invest in the next bearish trend. That means it's not always the same to invest in fiat as fiat can't be considered as an investment too.