The current market situation !!

[salahcryptowin]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

[1714945468]

1714945468

[UnlimitedMoneymaker]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

Be careful on daily trading and don't invest too much % of your capital in one project. But as a strategy I would stick to the strong altcoins right now.

[peter0425]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

I glad to see that a newbie has made a lot of profits when bitcoin and altcoins are making huge gains. However, don't be disappointed as to what you are seeing right now. You should understand that the market is very volatile specially altcoins. How many times that we seen a certain coin being pump so hard and then the next day you will see that it immediately goes down?

As far as trading goes, just like most of us here are doing, buying in this dips and then selling them when they regain. That's how the market works so I think you know what I'm saying. Plus you need to be patience as well, not all the time you will see bullruns after bullruns. Sometimes its better to have some minor corrections so that more investors can get in.

[Imfinnabeon]

Have a good gameplan for any coin you enter because if you don't you will get rekted hard. As important is sticking to the game plan because it can be easy to deviate.

[faithupgrade]

So you lose in previous months?  Because we are in bear period. Holding is not good during this period.

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

[Cryptolead]

December can be very unpredictable. Fixing profits, going to Fiat before the holidays, pampas and dumps. It is necessary at this time to be careful with transactions, remember the stop order .. January should also be more predictable ..

[Scambusterz]

I think that it is better not to trade at a festive time. Relax and go on vacation until mid-January)

[MinerHQ]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

Be careful on daily trading and don't invest too much % of your capital in one project. But as a strategy I would stick to the strong altcoins right now.

Yes, now bitcoin already corrected a lot and if Bitcoin start moving up then we can see corrections in all altcoins so it is better to hold only those strong and good altcoins instead of investing in all junk altcoins. I'm expecting soon bitcoin prices to go up so invest carefully in altcoin for now and book some profits if you already from your earlier investments.

[Babebottle]

I would hold some coins for a while, and stop day trading now.

[newinbtc]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

My one of my Friend Just invested Few % of their income and he Increased total wealth By 20% Earned Approximately 5000$ By Investing heavy amount In ripple currency from the start when price was 0.25$.
He was saying from start than buy and hold but not sold. Now he become more weathly

[clarkt]

Well, in investing and trading in cryptocurrency, we should not forget that the great potential that exist for great gain is usually get us carried away. Loss is also part of the game. The difference between investors is that many have learnt how to reduce and mitigate their losses. Develop a stratergy to prevent and deal with losses when they come and you will be fine!

[vijendra singh]

The same thing happened with me when I started trading . BTC was 3700$ and moved up-to 5000$ quickly. I was highly motivated because of high profit. Then suddenly it went down to 3100$ . So be careful and have patience while trading.

[mk4]

The crypto market is very volatile as seen on the past cryptocurrency charts[1], so when day trading, always take your profits when price reaches certain percentages so you would be ready when the price dips. Don't ever expect prices to go up forever.

[Mevz]

The same thing happened with me when I started trading . BTC was 3700$ and moved up-to 5000$ quickly. I was highly motivated because of high profit. Then suddenly it went down to 3100$ . So be careful and have patience while trading.

Yeah, you're right with that we should not be greedy to have profits patience for holding like this new year holidays. We should updated on some news it can always depends on it. Like they said crypto market are always volatile small profit will do if you want.

[RockHenki]

Well, in investing and trading in cryptocurrency, we should not forget that the great potential that exist for great gain is usually get us carried away. Loss is also part of the game. The difference between investors is that many have learnt how to reduce and mitigate their losses. Develop a stratergy to prevent and deal with losses when they come and you will be fine!

The crypto market is currently quite stable, probably because investors are still celebrating the new year and have not started for the new year 2018. It is predicted that in February 2018 the market will have a lot of turmoil when the investor Return to the crypto market, it will be the most exciting market. You can now research some good high altcoin that will increase in the coming time.

[AntoCokbun]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

just do not give up easily, because having profits and losses in the world of commerce is just a thing that is sure to happen. at least use the mistakes you make as a lesson.

[qiman]

Many people want fast money and fast profits, but crypto trading is a skill and you need to do a lot of research and have some basic knowledge to trad ein these volatile markets. Now the new year is in, many new crowds will come into crypto and also because the new year springs with renewed optimism, you should see some considerable gains in the market, especially on lower marketcap coins. Do not give up, I thank my Wife that she never gave up, despite she was hacked, hounded and robbed by nasty elements in the crypto world, thanks to her I am able to work on crypto full time and gave up my day job. Yes, it is a risk, but here there is more money to be made than in low paid, slave day jobs.

[Pursuer]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

there has been no "difficult period" you are just making bad decisions that leads to your losses.

first of all you are using the word "win". I  don't know if it is a language thing or you actually think you are gambling and winning some money based on your trades. in which case you need to stop that and start learning how to trade for real instead of randomly buying coins and hoping you "win" some profit.

as for the period I have to say, the market is actually in a pretty good shape all things considered. bitcoin is slowing down and letting people accumulate more at lower prices before the next rally starts and the altcoins are still getting pumped pretty hard these days. you just have to make sure to invest in them before the pump not after. and most people invest in them after their pumps are over already and expect to "win" profit.

[Low Sigma]

@OP, if you don't have an edge, then what goes up, must go down, according to the volatility context.

[erickkyut]

I have won a lot in the past months BTC
But in the last month I suffered heavy losses   
What do my trading friends tell me to go beyond this difficult period?

I think long term trading is much better than short term. In short term, you need to monitor the market every now and then unlike in long term trading, you don't care if the current market is high or low because you have a specific period and amount to sell your coins. I suggest that you switch from short term to long term trading.