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Author Topic: Bloody day trade  (Read 3171 times)
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November 30, 2017, 05:13:02 PM
 #61

When there is a correction in the market, I just do not open the exchanger and do not read the news. I know that soon the price will start to grow again. No need to be nervous. Stay calm and this will bring you more profit in the future

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November 30, 2017, 05:13:23 PM
 #62

Its really hard to day trade with crypto. I highly suggest you instead shy away from what you thought you knew about traiditional stock trading and do more fundamental analysis and news research trading. With crypto its all about reading about the latest developments to the coin you are trading.

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November 30, 2017, 05:19:31 PM
 #63

With all of the happening and bitcoin going to more of 5 digits this have been hell for altcoins.
But I see others who can stay away from that hell and still come up with green ones. I guess this ones are fully supported even if there is an increase with bitcoin.
The problem is what are those coins. Better look at etherdelta again and see the ones on the top. They have been moving busy. Buy and sell.

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November 30, 2017, 05:35:49 PM
 #64

Today is not a nice day for altcoins. We do not see nice days for a long time.
The price of everything fell. Those who realize the money earned

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November 30, 2017, 05:39:20 PM
 #65

When there is a correction in the market, I just do not open the exchanger and do not read the news. I know that soon the price will start to grow again. No need to be nervous. Stay calm and this will bring you more profit in the future
Yes but dumps are also profitable for short term traders, just buy some coins with huge trading volume + marketcap in corrections like this to make easy profit by just holding those coins for next few weeks.

Its all about patience and guts.

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November 30, 2017, 06:01:49 PM
 #66

When there is a correction in the market, I just do not open the exchanger and do not read the news. I know that soon the price will start to grow again. No need to be nervous. Stay calm and this will bring you more profit in the future

This is pretty much the approach I have to. If I see a sea of red then I will tell myself this is perfectly normal because if you think about it in the last two weeks or so we 2xed in marketcap and that was mad volume. Completely unsustainable and it was bound to correct. Also take into account that BTC was hovering at the 10k mark meaning that huge psych barrier was going to receive push back it was inevitable. Relax it'll come back.

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November 30, 2017, 06:10:34 PM
 #67

btc is falling because the up in the last days was way to fast
and btc prize goes with alts thats why all falling but there are still promising altcoins that dont accumulate.
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November 30, 2017, 06:29:35 PM
 #68

I think price will always fluctuate like this. But people who ave made since day 1 are the ones who held on to their investments.
Don't go 100%. I would say don't day trade(not an advice)
Put some every month

That's the key I think.

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Edi



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November 30, 2017, 09:48:57 PM
 #69

As this is crypto, and this market being highly volatile this was to expect anytime soon. Bitcoin soared too fast and therefore a correction was badly needed. But not only Bitcoin to be frank, it was also the total market cap that grew too fast imho, so it was just a matter of time before some people pull out again. It will recover soon though, I think people are still bullish on cryptos.

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November 30, 2017, 10:07:04 PM
 #70

It is one of the hardest times for me to navigate when day trading when the whole market is hit like yesterday. I find if trading the top alts it is okay as they tend to recover but if trading some of the lesser known or lower value alts they always seem to be hit hard. I tend to end up losing like a week or two worth of good trades in one day.

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November 30, 2017, 10:14:25 PM
 #71

Money is already flowing back to alts, although i dont trust it completly. Hodl strong
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November 30, 2017, 10:37:33 PM
 #72

When there is a correction in the market, I just do not open the exchanger and do not read the news. I know that soon the price will start to grow again. No need to be nervous. Stay calm and this will bring you more profit in the future
Yesterday was the correction to the market. If you are not opening the exchange site and you will never see if the correction will be happening. This day as my prediction the price growth again.
I already bought the more coin. Altcoin will always try to back again.

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November 30, 2017, 10:44:00 PM
 #73

When there is a correction in the market, I just do not open the exchanger and do not read the news. I know that soon the price will start to grow again. No need to be nervous. Stay calm and this will bring you more profit in the future
Yesterday was the correction to the market. If you are not opening the exchange site and you will never see if the correction will be happening. This day as my prediction the price growth again.
I already bought the more coin. Altcoin will always try to back again.

Altcoins are totally dead with respect to their BTC based price. In USD price, they're still so so, but BTC values of them decreased like crazy. They created huge loss with BTC for their holders. Especially after august 2017.

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