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Author Topic: What to do when the market is full of red  (Read 3060 times)
coinholic
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October 30, 2017, 10:20:45 PM
 #81

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.

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October 31, 2017, 06:34:03 AM
 #82

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Don't sell at the bottom or in lose unless the coins that you hold or have is a kind of shitcoins that after a pump it will dump hardly. If the altcoins have a good future it is better to hold and buy more if you have.
I am not in favor of holding altcoins. They are just best for day trading or just trading because losing them is not going o put you in big loss. The coin your re holding is if new in the market and continuously staying in the red zone of graph, it is better to get rid of it than keeping it in wallet with a lame hope of making some profit with it. The best coin for holding is just bitcoin so far.


 
 
 
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October 31, 2017, 04:15:39 PM
 #83

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

I'm not very experienced in trading but i never sold when the market is full of red. I buy when i see a good trade in horizon but i don't sell without having a decent profit.
I just wait for the good moment.
Bitcoin trading is all about wait and patience. If you are eager to get profits in short time then I suggest you to leave it and do something else than can help you. Like you said here, absolutely you have to work hard and then left everything on nature by holding your coin. You are making progress if you are just keeping your patience with it. Being patient always pays you off at the end.

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cryptoDARO
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October 31, 2017, 07:07:22 PM
 #84

Quote
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
- Warren Buffett

Just buy at dips Smiley

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November 01, 2017, 05:57:20 AM
 #85

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

I know what that feels man, i'm also a trader and sometimes i just wanna cut loss when it happened to me. When the market is full of red, the first thing i do is find the information why the altcoin price is dropped then if something big happened i will all my coins before it more worse. If not that big i choose to hold more.
It seems you are experienced in this field. Nothing is bad for you in this world. Same, if you come in crypto world, everything will be working for obtaining your goal if you are going with right intention and hard efforts are there in the scene. No matter whatever happens with bitcoin, there will surely come to the original price after that dip. Believe and don’t sell being panic.


Yes everything in this bitcoin world is new for you and you do not know how to maintain your account. Don’t be panic; everything will be all right with the passage of time. It is a new currency and the volatility will be there for some time. Just keep your crypto in your wallet and wait for some time.

Don’t sell for low price. I am sure after some times the price will be gradually grown and you will earn much money to fulfill all your dreams of the future. Patience is a must.

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November 02, 2017, 05:08:20 AM
 #86

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Don't sell at the bottom or in lose unless the coins that you hold or have is a kind of shitcoins that after a pump it will dump hardly. If the altcoins have a good future it is better to hold and buy more if you have.
I am not in favor of holding altcoins. They are just best for day trading or just trading because losing them is not going o put you in big loss. The coin your re holding is if new in the market and continuously staying in the red zone of graph, it is better to get rid of it than keeping it in wallet with a lame hope of making some profit with it. The best coin for holding is just bitcoin so far.
Yes a good statement at all. When one shitty coin is coming in red zones again and again then you don’t need to keep with you, rather just get rid of them. Reason is, all the altcoins are only for die trade as you said, so you can’t keep them on hold for a long time. Their market price is not that much stiff as bitcoin so don’t play with your profits coming ahead, leave them by selling.



 
 
 
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November 02, 2017, 05:35:28 AM
 #87

It is said that you should buy the dip, and to some extent this is true, but what we are seeing here is just the beginning. It looks like people are taking seriously the possibility of selling alts to get into the Bitcoin train.
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November 02, 2017, 05:40:26 AM
 #88

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Don't sell at the bottom or in lose unless the coins that you hold or have is a kind of shitcoins that after a pump it will dump hardly. If the altcoins have a good future it is better to hold and buy more if you have.
I am not in favor of holding altcoins. They are just best for day trading or just trading because losing them is not going o put you in big loss. The coin your re holding is if new in the market and continuously staying in the red zone of graph, it is better to get rid of it than keeping it in wallet with a lame hope of making some profit with it. The best coin for holding is just bitcoin so far.
Yes a good statement at all. When one shitty coin is coming in red zones again and again then you don’t need to keep with you, rather just get rid of them. Reason is, all the altcoins are only for die trade as you said, so you can’t keep them on hold for a long time. Their market price is not that much stiff as bitcoin so don’t play with your profits coming ahead, leave them by selling.



But we can't sort out on who is shit and who is not if we got the coins from the ICO since if you just dump all the shit out off it then you will be sorry if the time the coin pump more, So I suggest that its better to hold that coin win or lose since we really don't know on what would be happen on the coin since some of them takes time to reach its potential since sometimes some altcoins are been dumped by its bounty hunters.

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November 02, 2017, 01:10:06 PM
 #89

You have to improve your patience for you to surpass your negative character.Trading is very tricky things because its all about ups and downs.Now if you would continue that then you must stop doing trade.Find an alternative source of income that fits to you and not making you panic.

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November 02, 2017, 01:22:25 PM
 #90

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.

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November 02, 2017, 01:26:36 PM
 #91

Because of the way we do enter into the market,  we lose much because we do not understand how this market work. Bitcoin or altcoins trading is a highly risky investment and we need to do alot in other to understand on how this market can follow our biding. The simplex method to follow in other to make money in this market is through buying low and sell high. When you want to buying any coins, you should make sure you are buying at the lowest price and when you want to sell, you most sell the price high than when you buy.  My understand of this market is buying when there are in red and sell when the are in blue.

And still that is a mistake most people still make. We all keep saying buying low and selling high and we have forgotten that before this dip, so many people bought at a particular dip but it kept on going down. Even before the BTG fork, I bought at some dips which even some of the Altcoins have still gone even lower after then. The thing is not just about buying low and selling high, it is about making some pretty good decisions like selling off when you know it is just the right thing to do at that right time, which is why you should never ever stop making use of your stop loss.

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November 02, 2017, 01:27:32 PM
 #92

What to do?
 Exhale, go to walk along the street, drink brandy, smoke. I try to sell at the fall not more than 20%. However, if the coin is good, I do not sell.
I do not lose hope that the market will recover. Smiley

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November 02, 2017, 01:30:30 PM
 #93

Bitcoin increase than alt increase
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November 02, 2017, 01:49:56 PM
 #94

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.

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November 02, 2017, 02:22:48 PM
 #95

The altcoin is greatly reduced due to the bitcoin being pump strong. You can either DCA or sell altcoin holes and then buy back when prices have bottomed out. This may be the opportunity for you to buy yourself a lot of altcoin.

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November 02, 2017, 05:01:09 PM
 #96

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
I always hold (hold coin) until the time of its increasing kemabli.
or it could be a bitcoin cutloss, altcoin cutloss in order to buy coins much cheaper, than buying coins in expensive time so that cutloss can provide opportunities for profit and for your coins do not stuck on top. because the price will always continue to move adjust the market price,
I also often feel annoyed if the prices on the market are often flushed ........
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November 04, 2017, 06:09:34 AM
 #97

I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Don't sell at the bottom or in lose unless the coins that you hold or have is a kind of shitcoins that after a pump it will dump hardly. If the altcoins have a good future it is better to hold and buy more if you have.
I am not in favor of holding altcoins. They are just best for day trading or just trading because losing them is not going o put you in big loss. The coin your re holding is if new in the market and continuously staying in the red zone of graph, it is better to get rid of it than keeping it in wallet with a lame hope of making some profit with it. The best coin for holding is just bitcoin so far.
Yes a good statement at all. When one shitty coin is coming in red zones again and again then you don’t need to keep with you, rather just get rid of them. Reason is, all the altcoins are only for die trade as you said, so you can’t keep them on hold for a long time. Their market price is not that much stiff as bitcoin so don’t play with your profits coming ahead, leave them by selling.
That is always just the best way to treat a shitcoin.
Unless I notice some panky activities going on with a shit coin, I hardly bother myself holding them for too long even when they are at dips cause if anything happens, even the devs would dump theirs pretty fast, if they have not already.

It is best if you do not see much profit on them after a long while, sell them, or to always be very safe, never buy a shit coin without setting a profit loss.



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November 04, 2017, 07:12:38 AM
 #98

 when the time that the market become full of red. that is the time that many people worried especially those who have small funds. but for those a big time people that is the time for shopping those all coins very cheap.

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November 04, 2017, 08:18:08 AM
 #99

i will buy if the market is full of red..that is the time to buy or invest.. selling is the bad move in the day of red buy is the good choice because the price is low..
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November 04, 2017, 08:36:50 AM
 #100

Not the entire crypto market has turned red. At times when the growth scaling falls low due to the varying circulation particular assets show red indication. This too doesn't sustain for longer time period. If that doesn't happen we won't get the trading opportunities which is the major profiting way.



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