11 months of decline.. who's ready for some positive headway  Daddy needs a new pair of shoes!! It will not grow as you want. It may even go down further because there are many investors who want to sell their money to spend the Xmas holiday. Do not expect too much on a pump. It's been a long time. We should only trade every day to get some capital. This is something many struggle to ever get, just because we want the market to go up that does not mean that it will happen, we cannot let our wants and desires to cloud our judgment, while I would like for the price to go up I can see that will not happen soon and that I will need to hold my coins for months or maybe even years before I recover my money. I think if you are strong enough to hold your coins for a long time, surely your money will come back and make a lot of profit because long-term bitcoin is very good Holding your coins seems to be very easy and it is by far the most common recommendation when it comes to getting profits out of this market, but if holding was that easy then the price of most coins will never go down because no one will sell their coins for a price lower than what they bought them but we see that the market goes up and down in a very fast way which means that only a minority can hold their coins. |
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These "tricks" you've listed really aren't "tricks", they're pretty much just generic trading advice. Not to mention these "tricks" shouldn't apply to every situation. It hugely depends in many factors. 2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
Just automatically selling after you've seen you've gained profit isn't always the best thing to do. Sometimes it's better to ride out the wave up, wait it out, and sell after a slight dip. Again, it depends on many factors. 3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
If you have $300 left, it isn't preferrable to go all in with the $300 on a certain price point. most of the time it's better to apply Dollar-Cost Averaging [1] all the way down, as there's no way for us to know if your price target is the bottom or not.
[1] https://www.investopedia.com/terms/d/dollarcostaveraging.aspExactly my thoughts, no real method to the madness as such Which is why trading is so hard, sometimes the best thing to do is to grab profits as fast as you can but if the circumstances change a little bit then the best thing to do is to not sell your coins and keep holding them and wait until the price raises significantly, this is why trading cannot be learned by just watching a few videos in Youtube with people that are not that good at trading. |
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I trade only on a few exchanges and my primary thing which I look for is security how secure is the exchange. Secondly, I look for liquidity how much daily volume is that exchange having. Thirdly I look for how frequently they list new potential coins to their exchange.
Each person has his own way of trading, I am not the kind of person that is investing in new coins that no one has ever heard of, so if an exchange is secure and has enough volume most of the time that is enough for me to consider that exchange as a platform that I will use because my trades are restricted only to the most valuable coins that we have in the market. |
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Yes you might think this is crazy but the truth is, you are prone to more risk and uncertainties when you hold. All the price instability is actually sustaining with you holding.
The rule of when the price is moving someone is actually gaining or loosing has more effect on those holding coin.
Over the years I have noticed that trading is still the best! Am gonna share a secret with you.
I make 5% daily profit buying and selling, how do I trade?. I buy Bitcoin with cash and sell 5% higher. I do this daily some times I make more when am able to by the coin cheaper than normal.
In 20days of intensive trading, I make 100% profit. Well, am not very rich because I only like to trade with small funds and I do this to take care of my immediate expenses daily so I don't touch my salary at all cos profits from trades takes care if all these.
Comparing to when you hold, Bitcoin cannot rise above 100% in 20days!!! Forget old days rate, today is reality!
Stop holding coins for years months, that's a lazy and ignorant way to invest.
There are lots of ways you can trade, just find a comfortable trade platform with a very very reliable Escrow service and trade to only trusted people.
Thanks, remain safe.
No strategy is perfect, if you don't like to hold your coins because you think that you can get better profits if you trade then do it, but not everyone has the time or the skill to be a successful trader, in fact the statistics prove that most people that become traders are not successful and lose all their money, if you are one of the exceptions then you can trade but do not act as if holding is not a good strategy. |
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I think the market is oversaturated at the moment. People don't need these thousands of projects.
I agree that there are too many projects in the market but some people think that only bitcoin is going to remain and to me that is not correct we need several projects so even the bitcoin developers feel the pressure to improve bitcoin and they do it as fast as they can, because if only bitcoin remains the developers are not going to be in any kind of hurry to implement any improvement. |
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That sound good but holder should always know the kind of coin they are going to hold and not just any how coin which might disappear anytime soon , and that is why is always good to buy from top coin in the market with a good research about the project.
Buying a coin that is at the top of the market does not eradicate the possibility that a coin in which you invested and you are holding will disappear, if you do not believe me the only thing that you need to do is to look at the coins that were at the top of the market during the previous years and look where they are right now, you'll find out that some of those coins disappeared while others are not close to be what they were. |
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no one will give a guarantee for that, if you believe the price of bitcoin will increase immediately buy. This is a very simple thing, this is only a matter of your trust in Bitcoin.
People keep looking for a way to make money without losing any and that is not possible, you need to understand that at the moment that you decide to invest in the market you are accepting the possibility of losing money, and the more money that you invest the more losses that you can suffer if you are not careful and unfortunately people are very careless when it comes to investing in bitcoin. |
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Have inside information about future deals of impactful companies. ))   What you are recommending is illegal in most countries around the world, if you use inside information to get advantage over other traders that is completely unfair, besides I do not really see how you could gain that kind of information in the market of cryptocurrencies unless you are the developer of a coin or you are a whale with a huge amount of money already. |
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This is not very good news, but I also think that Bitcoin will continue to drop to 2,000-2,500 dollars and then start to grow. By the summer of 2019 the price will reach 10,000 dollars
We are getting at a very critical point, many people are already thinking about selling their coins, if the price went any lower you can be sure that many people will begin selling their coins and while that will give profits over the long term to all of those that buy those coins that will mean that it will take an even longer amount of time for the market to recover because it is likely those people will never come back to the market. |
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Ethereum isn't dead but ICO is about to.
But as the market goes up again, this will give the idea to every ICO that there's going to be a big pump for these too on 2019.
This is something that I have been thinking as well, icos and their developers were taking advantage of the lack of regulation in the market but the huge amount of coins and fraud going on in the market has made governments of the world realize what it's happening, so it is likely that there is not going to be any country in which there is not going to be a strong regulation against icos. |
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The year is about to end, I don't think that the price would go lower than 2k, but it has a possibility to go lower thank 3k this year, my hopes are still high and I think that you shouldn't stop as well, the pump is about to happen, if not by late December then it would probably happen next year, lets be patient and be positive.
People are probably getting tired of being told to be positive, they have been positive for more than a year and nothing has happened so in my opinion they have the right to be negative once in a while, if they think the price is going to go down then let them believe that even if we believe that they are mistaken, that way once that bitcoin shows them wrong they will have a reason to change their mind. |
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I know that without a doubt the intention behind the OP is good, but leverage trading is not for newbies I will say that leverage trading is not even for traders with some experience, you need to have several years of experience before using such a dangerous tool especially in the market of cryptocurrencies were the volatility is already incredibly high and could make you lose all your money in a matter of hours.
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I wouldn't dare to overlook history, as pointed out by others in this thread, Bitcoin has dropped 90% and even 95% from ATH before recovery. It barely touched 3k this time around, so it was only 85% drop, so we shouldn't be surprised if it doesn't drop even further.
Not saying history is sure to repeat, but if we believe another ATH is coming, then we must believe the super low is also coming.
Too soon to call the bottom I believe.
The price does not really have too much room to keep going down, if the price keeps going down then we are going to reach prices before bitcoin even activated segwit and that doesn't seem possible to me because thanks to segwit bitcoin has improved considerably and it is a better coin because of it so it doesn't make a lot of sense to see prices lower than that. |
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Username: Omega Weapon
Current Rank: Hero Member
Current Post Count: 2221
Bitcoin address: 1xjqAFFiTBmjKWJZtdz3nobzzXR5fVxG3
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Very interesting article and supported with illustrations that clarify the reviews. Well, even though the price decline is poorly sounded, but there is a positive side, we have the opportunity to get a fairly low price. As you explained, good opportunities await if this correction ends and again rises. we just need to be patient and carefully observe the chart.
i think the right time hasnt came yet. bitcoin will drop 2500 i think in 1 month. and it is the right time. i dont think it will drop below 2500. and 2500s are the best prices for taking. But why wait for that long? Now the price is close to 4000, we do not know how long that price will last but do you understand that your desire to get the best possible price for bitcoin could have cost you the opportunity to get it at a price that was already very low? You need to review your strategy because not buying bitcoin just because it did not reach your target price could cost you thousands of dollars in profits. |
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If it was that simple to know when it is the best time to buy an altcoin then everyone will do it, you need to look at each coin and how they are moving and only then you will know what it is the best thing to do, it is not easy and it will take a huge mount of knowledge and patience, but if you wait you will surely find good coins to invest and get profits that way.
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Maybe next year it will go down or stable, i don't really know yet and everyone doesn't really know it yet too. There is no better news that is coming this year and also the ETF might have get rejected again by the SEC. So, i wouldn't a lot of this ETF and the bull run too but let's just wait and see what will happen next year, you will never know what is ahead of us.
Do you still care about the ETF approval? If it happens then that is fine but after so many rejections by the SEC and obvious attempts to try to buy time I have lost faith in them and I do not care anymore about what they do and I am sure that I am not the only one with that attitude so if at some point they give their approval I really do not expect a great reaction from the market. |
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bitcoin cash and bitcoin cash abc are the same thing.
and it is not pumping, it is just the bitcoin effect when bitcoin rises after a long fall which altcoins also followed, they will also recover their big falls a little bit.
additionally like any other altcoin when they get dumped a lot after the dump is over there is a bigger recovery than usual but that doesn't mean it is pumping. it may lead to a pump later if they decide to inject some money out of their pockets into the market.
Bitcoin cash has gone up 50% in the last 24 hours so that qualifies as pumping even if bitcoin is one of the important reasons of why that is happening, but I really think that bitcoin cash is a coin that is heavily manipulated, of all the coins at the top 10 that I watch bitcoin cash is the only one that has movements that are so sudden and violent. |
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People have different standards to me the most important has to do with how many times has the security of the exchange being compromised, anything higher than zero is not something that I will tolerate since I am not willing to lose my coins to hackers just because the people behind the exchange were not careful enough about the security of the coins of their clients.
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11 months of decline.. who's ready for some positive headway Daddy needs a new pair of shoes!! It will not grow as you want. It may even go down further because there are many investors who want to sell their money to spend the Xmas holiday. Do not expect too much on a pump. It's been a long time. We should only trade every day to get some capital. This is something many struggle to ever get, just because we want the market to go up that does not mean that it will happen, we cannot let our wants and desires to cloud our judgment, while I would like for the price to go up I can see that will not happen soon and that I will need to hold my coins for months or maybe even years before I recover my money. |
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