Altcoins are all down, so how do traders make their earnings?

[layoutph]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

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[Idrisu]

I will advise you not to sell your holding now as you will make a high loses. Trend up and down is the nature of this market and your most know how to intelligence analyzed the price charts before buying a coins or sell them. Though I don't know the coins you are currently holding but most of them will  definitely going to show profit if you can have little patients and control your emotions. Some few months ago I bought litecoin at $27 and the price fell back to $23! When I analyzed the charts I fin out that litecoin is under value and I decided to hold and a week later, litecoin's price raise to $50. Please be patient sir.

[HugoPT]

Best option here like Idrisu mentioned it's to hold your losses and don't sell right now.

Market will bounce back eventually, you just have to be patience.

[Xavofat]

Some people set stop losses to avoid losing too much when there's a trend reversal.

Some people day trade and profit from the fluctuations.

Some people just hold coins that weren't absolutely shit in the first place (me), then they don't have to worry.

[CyberKuro]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

The rule still the same, buy low and sell at higher peak. If you can't make profit through altcoin-bitcoin, then just convert altcoin into another altcoins, but make sure it's a good coin to buy. If you are not sure to sell/buy altcoins, then just wait for bitcoin's price recover.
Normally, if bitcoin price decline, altcoins will follow to drop as well and vice versa, pay attention before buy and sell your coins.

[BitcoinSupremo]

Depends on what altcoin did you bought. If you bought well known coins like Ethereum, Zcash or LBRY chances that if you wait ,you eventually may get back to break even. These chances are minimalists but they exist. You cannot do anything else rather than HOLD your coins as I believe its free of charge to hold the coins. You can sell at a loss but this is not recommended.

[marlboroza]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

There is nothing much to suggest. Sell them and don't lose more money than you already lost or hold them and hope they will raise in value.
You probably bought your altcoins when they were in bubble, what did you expect for price to go more up?

[giveen]

That's the best part altcoin is down this is the right time to grab mostly any coin and sell for profit. And you can't say that everyone single altcoin is down though all the mains once are down the crypto market is really vast and honestly speaking with the market being down i was able to make more profits than usual. Just explore there are still many opportunities they only need to be found.

[ayurvedicurea2growtaller]

Altcoin looks terrible at this moment.

[dquancey]

If alts are down, and are looking like there will be nothing to stop that, then traders don't make money.

I think there are the odd coin on bittrex and/or yobit that will be in the hands of PND groups, so if you happen to hold one of these, profit.

Most traders made a tonne of money in the recent bull market, so during times like this, they'll be laughing.

[BitcoinGirl.Club]

That's the best part altcoin is down this is the right time to grab mostly any coin and sell for profit. And you can't say that everyone single altcoin is down though all the mains once are down the crypto market is really vast and honestly speaking with the market being down i was able to make more profits than usual. Just explore there are still many opportunities they only need to be found.

Thinking like a pro trader I agree with what you saying when Altcoin prices are all down its time to be the shark and buy all altcoins which show they have the potential market of growth. Sometimes prices fluctuate as a result of bitcoin dips and traders will buy cheap and wait for the right time to sell to get their profits

[raven7886]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

No surprises for me, until some time back, altcoins kept on facing huge dumps whenever bitcoin finds rising. Fortunately in recent times it was not happening and that is the reason altcoin traders are making good profits. But now tends were seeming changed after ethererum network clogs. I assume altcoin traders are booking losses due to this. Very hard time.

Staying away for sometimes must be the right option in front of all altcoins traders. Other than that switching over to bitcoin trading could be another better option but it will not be possible for all the traders as it requires proper knowledge on bitcoin trading.

[xIIImaL]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

All the alts will be see the success like ETH and litecoin achieved. If you wish to invest on the most popular altcoins you can find the profit but real truth is bitcoin is top one preferable for trading investments due to its price pumps happen every day. You need to check the price and need to set the value you may easily find the profit.

[amaral1977]

If you are a newbie with little experience i would suggest you just stay calm and hold your coins. There will be a recovery in the market. don´t panic sell. If you want to risk a little you can day trade your coins looking for profit from the number of coins you hold point of view (increasing the number of cons you hold and not there value in BTC or FIat)

[ModGirl]

Stick to bitcoin only to get the earning. For that you can notice that there is some fluctuation in the price of bitcoin so you can take the help from that to earn from your trade. You can buy at lower price and again when the price of bitcoin increases then you can sell them so you will earn and again try to buy at lower price.

[Wowcoin]

Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.

If the altcoins are all red or down that is the time to buy to and keep them and wait again the right timing for you to sell it. You have wrong move with that why you buying if bitcoin price are going up? That is not good move but nothing you can do now is wait until bitcoin goes up again.

[nasibakar]

It is probably the best time to sort,... right?
there is always a way,
it is probably a very good time to apply sorting,
not everyone likes it.

[NavySeals]

It is probably the best time to sort,... right?
there is always a way,
it is probably a very good time to apply sorting,
not everyone likes it.

Not all the altcoins are in loss, some of them still very promising with green indicators. And altcoins might decline but here you can open short positions on margin trade.

[api]

Since the price movement in the market is wavy, you can learn to determine the top and bottom of the wave, sometimes these deviations are 2-5 percent. So I'll give direction - study the technical analysis, special attention to the TTF signal, it shows the entry and exit moments very well and gives an error of 10-15%, i.e.

At a slow drop in prices you can trade with a small plus. You can find the TTF signal on the site _tradingview.com, it's called Trend Trigger Factor [LazyBear], you can see it in more detail on the Internet. If you have any questions, I will be happy to answer.
Successful trading to you!

[ashiba]

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .