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Author Topic: What to do when the market is full of red  (Read 3069 times)
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November 04, 2017, 08:40:34 AM
 #101

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Some time I feel the same way but I will not sell as a result of the panic on till the decline trends continue to the level that I could no longer stand it or bear the lost. But there are some time when altcoins turn red signifying buying order because there's a tendency for the market to return to positive direction which I will make profit at the end.


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November 04, 2017, 10:16:59 AM
 #102

Me i do is if it goes red to much and your loosing so much money i do i just HODL. but if i just lost dollars or even hundreds i'll sell it and get back at a nicer time.
That are crucial times when you have been in such decisions. There are different options with differentstrategies, and you are the only one who is going to make this happen. Then the actual experience comes, you analyze things, make calculations for better results to come. So in such scenarios you must be vigilant and wise in your decisions, go for only those who are less risky.


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November 04, 2017, 10:24:39 AM
 #103

Just scoop the bloodbath in the market and keep buying those wounded altcoins because their wound will heal next time and if you have enough patience then you can easily get profit with that because since the whales are busy playing bitcoin then you should be ready for playing altcoin in the future by buying now and holding it.

After October 25, the altcoins are nearly dead, and there is now a vague segwit effect, I think segwit will have a positive impact on the altcoins prices.



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November 04, 2017, 10:28:42 AM
 #104

if i saw all red on market i better hold my coins than sell cheap
the problem is, if market red and u really need money atm  Angry

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November 04, 2017, 10:35:01 AM
 #105

I do nothing. There are some market corrections anyway, but their impact on this stage is definitely negotiable. Just wait some time and most good positions will be green as usual. Or probably you can trade by fiat money in that case, but I do not see real point in it.
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November 04, 2017, 10:55:08 AM
 #106

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
hold it, but I also do the same thing that is selling in order not to lose more, all options are at risk. But if all the reds are on the exchange, I'd prefer to turn off the computer and walk out to relax.

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November 04, 2017, 11:46:39 AM
 #107

If you are not a good trader just wait and Hodl. The price will get up if it's a valuable coin.
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November 04, 2017, 11:49:28 AM
 #108

It is a super opportunity to pick up on the alt coins now, any day now the most strongest offerings with real world business backing will shine through.

Patience, above all counts..

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November 04, 2017, 11:53:24 AM
 #109

If you are not a good trader just wait and Hodl. The price will get up if it's a valuable coin.

Even good traders know that when there's a bloodbath, it's always better to just remain steady. There's really not much to profit from if that's the scenario and definitely you're going to end up with losses if you pursuse stubbornly. Patience is money when you're trading.

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November 04, 2017, 02:31:01 PM
 #110

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
I think you miss the basic rules in trading. Find someone who is success , he will teach you many experience that i believed you're missing them. With that missing , it's really hard for you to be success when you missed the basic rules.

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November 04, 2017, 07:56:20 PM
 #111

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
There is no one that does not really make such mistake at some point honestly. The thing is to just have a strategy or pattern and stick to it. I personally do not hold any altcoin for long and I always have a limit to the loss I can stomach in an altcoin most especially in situations like upcoming forks that we have which obviously anyone should know that altcoins will still keep bleeding until then.

Moreover, bitcoin is fund of pulling down every altcoin whenever it is rising up, but I guess we just have to make some pretty quick decisions at some point to minimize the losses
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November 04, 2017, 08:04:48 PM
 #112

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
This is make you panic but dont lose hope that it may be back soon but it is depends on coin that you are holding if you know and you trust that it will pump again then you may just sit and relax when the time that you have seen that all coin in the market are going to be red.
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November 04, 2017, 09:05:04 PM
 #113

I think you miss the basic rules in trading. Find someone who is success , he will teach you many experience that i believed you're missing them.

That doesn't make any sense. If people end up searching for an "expert" or whatever "guru", they will stumble over the sheer number of idiots claiming to sell a guide/tutorial that "guarantees" the buyer an x amount of profit every month or year. If people don't know how to trade, and even can't figure it out after them having tried it, it means that these people should stay away from trading, period. Most people here have developed their experience with trading by doing it themselves and learning from their mistakes. At first it's a losing 'game', but eventually you should be able to turn your losses into gains, but that's only when you learn from your mistakes and understand this market (as far as possible).
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November 04, 2017, 09:30:59 PM
 #114

If you are not a good trader just wait and Hodl. The price will get up if it's a valuable coin.

Even good traders know that when there's a bloodbath, it's always better to just remain steady. There's really not much to profit from if that's the scenario and definitely you're going to end up with losses if you pursuse stubbornly. Patience is money when you're trading.

I don't have nothing to do but to stay calm and keep my coins in my wallet. There's nothing to worry about the market that full of red. I never do panic selling. In most cases, the market has bounced back from the crashes for several weeks or months so I suggest not to give up. It is just a natural to encounter that time because it was being part of the market.

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November 04, 2017, 10:43:37 PM
 #115

What to do? Buying btc  Grin
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November 04, 2017, 10:52:13 PM
 #116

if marekt red so stoploss should work Smiley  if btc also red then wait in usd Smiley))

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November 04, 2017, 11:10:38 PM
 #117

It is time to buy and hodl, long term, that is if the coin you are trying to hodl is a good one. So make sure to do your research so that you would know which coin to buy.
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November 05, 2017, 03:26:00 AM
 #118

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom

You should put it in your not to do list so you will have a reminder and avoid lose. Just remember that cryptos are all volatile so it's better if you treat as a normal thing.

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November 05, 2017, 04:43:31 AM
 #119

It is up to the persons financial backup condition and the present trend of particular traded item to be decided. When ever the market is full of red we have to understand that it is getting correction so depend upon the exact traded / purchased cryptocurrency potential whether it will increase after this correction or not we have to analyze then only we can take the decision to be hold or sell. During red selling it is not advisable to sell just to hold  and analyze no scope just book the profit or sell it off.

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ivanst776
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November 05, 2017, 06:47:34 AM
 #120

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Buy those coins 💰 and then sell them when they go green. This is the common strategy capitalists do in this system. Because usually, these coins rise back in a few days. But still, don't just go scooping those coins. Still need to choose wisely.
They will surely go green and most times it is always best to be patient to get a good buy unless you want to do the cost average pattern which sounds pretty reasonable too sometimes. Usually most of the coins normally go green and if you have some good money to buy when they are at dips, only patience is what is required for you to gain when they get pumped.


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