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CryptoBry (OP)
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January 17, 2018, 09:52:08 AM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
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ss890
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January 17, 2018, 10:00:14 AM |
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You have put forth some real points here which I agree upon 100%. Such as this have happened already in the past and also it is noticeable that it happened at the period, yes perfect. So from this we only have one lesson that we should really hold at the moment. If you have courage and enough money that you can stake or gamble then you should really go for buying some coins at this point. This is really perfect time to buy bitcoin and Ethereum on major scale. For me I don't have enough funds so I will most probably hold and won't do much moment here. I will look forward to start my trades again after analysing the market for next one week. Im sure the situation will be dispersed and everything will be clear to take the decisions.  |
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amih
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Activity: 308
Merit: 17
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January 17, 2018, 10:09:20 AM |
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thinking realistically with the price on all crypto for now maybe we should rather wait on the crypto price movement as usual and temporarily do not need to do trading activities. maybe for now the right thing is to put some money out of our own pocket to buy some cryptoes that have good predictions for the future but I think this needs the courage of each other because we will not be able to predict whether things this will last for a while or temporarily. I just recommend doing what you believe.
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BabyBoss
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January 17, 2018, 10:16:11 AM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
The price or other crypto currencies or almost all are now in red since bitcoin are going more deeper this month. And I probably tell that this is the time for us to buy some good and potential coins while the price is lower then this is also a great opportunity to us wait patiently until the price will ho 10 time or more. This is the way and the plans I have right now. Since my other coins are still sleeping in my wallet there will be good time for them to wake up and give me a big happiness. |
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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January 17, 2018, 10:22:03 AM |
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I think now it's great time to buy so there is no reason to stop.
Situations like this have happened before and will happen again, I wouldn't worry too much. It's temporay situation and the market will recover so you have to be ready for that.
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nc50lc
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Self-proclaimed Genius
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January 17, 2018, 10:31:55 AM |
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With the current bloodbath in the Market Cap, Buying or Selling through fiat is a no-go, but
Trading Altcoin to Altcoin or Bitcoin to Altcoin is still the same.
Nothing changed but their values versus fiat currency. So I'm still doing this no matter what happens.
What bugling me is Bitcoin might lose a lot after these sellouts by regular investors.
They Sell Alts for Bitcoins then cash-out.
The price might return to what it was last July 2017.
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Improperstammer
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January 17, 2018, 10:33:21 AM |
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This is obviously temporary and will never be the last for all Cryptos. It would be best to wait it out and buy once the market sentiment has changed.
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removebeforeflight
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January 17, 2018, 03:26:01 PM |
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I understand from your point that you're comparing bitcoin with share market, in share market if price goes down also you could earn profit but in crypto market I don't think you can earn profit when price is down, however when you buy crypto when the price is low, it would pump upto X5 times for sure. This pump of X5 would not be earned in any Market or business in few days or month. As suggested by everyone in this forum, advise you to hold your coins now.
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adzino
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Activity: 2968
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www.Crypto.Games: Multiple coins, multiple games
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January 17, 2018, 03:30:33 PM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
This has always happened in the past before. If you look at the graphs from past few years, you can always see a huge price dip in mid January. Right now it the FUD that has spread around causing people to panic and sell off their coins. If you are a long term holder, then don't panic and take advantage of this price drop! |
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CodyAlfaridzi
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January 17, 2018, 03:32:29 PM |
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Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
I would still be trading if I have the money to do so. Unfortunately, my spare BTC and fiat have been used to shop altcoin a few days before the crash, so here I am, holding sinking alts when BTC also crashed. If I still had some money, technically this could be the perfect time to buy BTC and altcoins. What could be better than buying after a 40% crash? |
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Marrionbitcoin
Member
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Activity: 294
Merit: 11
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January 17, 2018, 03:58:24 PM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Yes, we can still trade even if the prices are going down. Remember, buy low and sell high so this is the best time to buy and hold until you reached the desired income. It is normal for the prices to go dip as part of trading. This month of Jan 2018, the price keeps on decreasing but let's wait for the following months on how they will come back to the top. Don't lose hope if there are some dips or bearish but instead be prepared about what will happen in the future because I believe that the price will rise up by next Feb, 2018. So be patient and wait for the best. |
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Mind Control
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January 17, 2018, 04:49:08 PM |
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Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Well, isn't it the best time to buy, buy and buy? The whole cryptocurrency is taking a big dive and this does not happen more often so buy more coins/tokens now at a very cheap price. Then just hodl until every coin pumps again. Buy in the dips, right? But buy more when the market crashed. |
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BitcoinPanther
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January 17, 2018, 04:57:55 PM |
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I am still trading even red.. I love scalping so it does not matter if it is red or green, I just take advantage of the micro fluctuation regardless of the trend of the coin (red or green). Price does not goes down in a straight pattern, it still have lots of fluctuation which we take advantage during scalping but it is really risky since once wrong speculation can ruin the buy or sell wall pattern
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Vatimins
Sr. Member
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Activity: 987
Merit: 289
Blue0x.com
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January 17, 2018, 05:56:46 PM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
Well honestly, i really do not worry so much about what is happening right now with the cryptos. Because i think that after all those bug hypes last year, this new episode of the great correction is just right and is very healthy for the crypto world a s a whole since we get to shake off weak hearted noobs from the system. Which by the next rise will come back as experienced amd knowledgeable crypto persons that deserve to be here. As for trading, im at a pause right now. Would be too much effort if i trade with these small price dips and ups. As of now, i focus more on studying the altcoins that caught my eye and setting a buy plan for my list. |
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nightmanisrightman
Full Member
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Activity: 252
Merit: 101
Global Risk Exchange - gref.io
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January 17, 2018, 06:13:35 PM |
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Not actively trading too much but adding to my positions that makes sense too and help me average down. May not snipe the coin today but gonna monitor it next day or two to see if I can get a better price prior to a confirmed breakout.
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Palmerson
Sr. Member
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Live cams shows pimped with cryptocurrency
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January 17, 2018, 06:22:00 PM |
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You can trade under any circumstances. Now on the contrary very profitable to trade. Look at the size of the jumps now. The price of bitcoin changes to 500-700 dollars every hour. Their main stock of coins I keep in the fridge. But the part that is used by me for trading works. All the profits I continue to keep in bitcoin. I believe that he will bring me luck.
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Mometaskers
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January 17, 2018, 06:37:30 PM |
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Well in the past when I have been a bit more active, I do pause when bitcoin is in the red along with alts since I "feel" that I would have been able to buy more of those if bitcoin was rising as the alts go down. Well, that was just me, didn't trade much. This has always happened in the past before. If you look at the graphs from past few years, you can always see a huge price dip in mid January. Right now it the FUD that has spread around causing people to panic and sell off their coins. If you are a long term holder, then don't panic and take advantage of this price drop!
Yeah, when it comes to fiat to btc, it's a great time to buy. Then just hold on to the cheaply-bought btc and then use that to buy falling alts when the btc price goes up. |
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JollySkipper
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January 17, 2018, 06:47:11 PM |
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Best time to buy, now is golden time for invest more money, especially to new ICOs. When whales reinvest their money, will go first to small put promised ICOs and pump them.
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aardvark15
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January 17, 2018, 07:13:32 PM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
I see this as potential buying opportunity. I had not planned to buy any more, but I may buy some Bitcoins or Etherium if it goes any lower than the current price. These are really good deals compared to a month ago. To really get the most for your money, think about stocking up on some coins rather than trading. |
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audaciousbeing
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January 17, 2018, 07:14:56 PM |
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It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...
Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?
That is the irony about the life of every player in the crypto world at one hour it seems you are on your way to riches, you start calculating and projecting how richer you would be if the price should just touch this preferred point of price and the next moment you are looking for ways to hide or find something to absorb your losses while all of the dreams you have in the previous scenario is being wiped out in your very own eyes without anything you can do about it. The truth is inspite all the red galore we are seeing, it still create an opportunity for some people to win at the end but only the courageous and the lion hearted players of the majority can hold that position and that is the reason why any time there are situations like this, a lot of people blame the imaginary whales because they are those that can take the risk which makes them super richer after the whole red is turning blue. |
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