harizen
Legendary
 Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
|
 |
January 17, 2018, 07:26:40 PM |
|
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?
With the current situation.... If Im aiming for buying then definitely Im currently on trading. I currently still have some coins on my list that is bound to make a buy entry later on. If Im aiming for selling then obviously Im on idle mode. Right now, after I did some new entry at some cheap coins around a while ago, Im currently having a more time now for other things lol. But still I monitored all my holdings. Bounce back is bound to happened. So now take advantage of this dip by doing some entry points at some alts that is worth to put a shot while at the same time have a time for ourselves as we don't know when this bloodbath will lasts. |
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
TexasofblackseA
|
|
January 17, 2018, 08:56:10 PM |
|
I think every situation is an opportunity for those who know the market well. But I do not find myself so experienced in the crypto money market. For this reason, I prefer to stop trading and wait patience when prices fall down.
|
|
|
|
|
jaysabi
Legendary
Offline
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
|
|
January 17, 2018, 09:22:17 PM |
|
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.  Percentage-wise, perhaps this has happened before, but on a real value level, crypto and Bitcoin have never experienced losses this big. Bitcoin's market cap has dropped more than $100 billion since the high, and crypto's combined market cap has dropped more than $300 billion. These losses are unprecedented, even if Bitcoin has experienced larger percentage declines over a period before. The prices were insane before, they're still rather insane. Perhaps this is finally the restoration of a little bit of sanity. It doesn't look like the bubble has popped yet though. |
|
|
|
Godric-Gryffindor
Member
Offline
Activity: 319
Merit: 11
|
|
January 17, 2018, 09:22:57 PM |
|
Still trading in red or downtrend and watching for possible big bounce on candlestick analysis and technical analysis I'm still waiting even if all crypto currency is in red, for me it is just one of the opportunity to enter trade buy, bit I'm careful to see what is fake abd true reverse signal.
|
|
|
|
|
kolesozw
Legendary
Offline
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
|
|
January 17, 2018, 09:25:30 PM |
|
I do, because when the market is in red, there are a lot of gaps and opportunities between exchanges. Some are reacting slower than others.
|
|
|
|
|
Dreamchaser21
|
|
January 17, 2018, 09:26:18 PM
Last edit: January 17, 2018, 11:28:47 PM by Dreamchaser21 |
|
I think every situation is an opportunity for those who know the market well. But I do not find myself so experienced in the crypto money market. For this reason, I prefer to stop trading and wait patience when prices fall down.
We can’t say how deep the market is going so better to stop trading for now if you are not confident into it. Better to buy more token instead before it spike higher again, showing some recovery as of now but I think it is still at the correction level. Trade at your own risk and always do your study so you cannot loose money in this red market. |
|
|
|
|
|
Bagaji
|
|
January 17, 2018, 09:44:52 PM |
|
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 Believe that majority of rational investors and traders will buy more coins and tokens as a result of the low in their market value which was as a result of bad news coming from North Korea on crypto currency exchange. And as a result of the news panic selling began by those whp cannot afford to lose much of their coins or watching the market value of Bitcoin and altcoins going down. |
|
|
|
|
CasCollector
Newbie
Offline
Activity: 6
Merit: 0
|
|
January 17, 2018, 09:47:11 PM |
|
If I was staying in the market I would continue to buy even if BTC was in red or under $1,000. People are betting against BTC on the futures market so the price goes down so they can make money.
|
|
|
|
|
|
01asd
|
|
January 17, 2018, 09:56:14 PM |
|
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.
I Believe that majority of rational investors and traders will buy more coins and tokens as a result of the low in their market value which was as a result of bad news coming from North Korea on crypto currency exchange. And as a result of the news panic selling began by those whp cannot afford to lose much of their coins or watching the market value of Bitcoin and altcoins going down. I do not do trading, but I still collecting Bitcoin and Ethereum. Bitcoin and Ethereum. I was determined to continue collect Bitcoin as much as possible, and wait until the price goes up manyfold. I want Bitcoin to make all my dreams come true and build my new business. I will not sell until all my dreams come true. I also have no doubt about Bitcoin because I've seen for myself how the Bitcoin development has been. I remain confident that the Bitcoin price will increase sooner or later. I hope I can collect enough Bitcoin for my future. I think you can still do trading. If you are so sure about Bitcoin, then you can buy it now. |
|
|
|
|
|
Koadharber
|
|
January 17, 2018, 10:03:32 PM |
|
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?
Losing out large percentage on portfolio isnt really new thing and as an investor/trader seeing these red numbers is just like normal which do really happens anytime into this volatile market.For now im not making any trades since im holding most of my coins and not selling out on loss instead on panicking im seeing chances now to get in or buy even more cheaper coins.Even on bitcoin i did able to get in on 10k price and now its already on 11.4k price which an easy profits for me. |
|
|
|
|
|
harapan
|
|
January 17, 2018, 10:11:15 PM |
|
indeed now I see a lot of prices that show the color red, but it is only temporary, maybe this is caused because it is still early in the year so it requires adaptation in 2018 .. for investors who have a lot of money and know how the world of crypto .. this is the right time to buy lots of bitcoin and altcoin ... I also try to collect bitcoin and some altcoin  |
|
|
|
patt0
Legendary
Offline
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
|
|
January 17, 2018, 10:37:04 PM |
|
Pausing? These are the best times to trade if you know what you are doing. This is the reason why Wall Stress guys like bitcoin so much. These wild price swings makes any traders dreams come true. Have you seen the gains traders could have made today, from those oversold bounces? You can make 10% of your trading stack in just a few minutes. You cant do anything like that anywhere else, so of course people are not stop trading. Actually if you look at the daily volumes you can see just that. People are completely engaged in crypto markets right now, because there is a lot of money to be made.
I still want for bitcoin to succeed, and I know that volatility will have to disappear for that to happen, and I hope that happens eventually, but damn I will miss these wild days.
|
|
|
|
|
Tankdestroyer
|
|
January 17, 2018, 11:15:33 PM |
|
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?
Why stop? It is the best time to stock up on altcoins since almost everything is in sale right now because of bloodbath. This moment is a very crticial one for all traders as this event can help most gain and for some is loss. Nevertheless buying up alts right now is the wisest choice just choose those with potential left for growth. Dire situations like this ain't time for rest but time to accumulate to gain profit afterwards. |
|
|
|
|
|
The_Dark_Knight
|
|
January 18, 2018, 12:27:42 AM |
|
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?
If the exchange where you are trading allows shorting bitcoin then you earned a small fortune in this particular day if you could not make money with investments in their way up and in their way down then things will be very boring since everyone will just hold and wait for the moment the price goes up, but with shorting you can earn money no matter the state of bitcoin. |
|
|
|
|
|
fleda
|
|
January 18, 2018, 12:35:22 AM |
|
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 will depends on how people think but for me I will not stop trading but I will use that as an advantage to buy more coins at cheaper price. Yes as we can see most of the coins are getting down but dont look that as a negative way instead use that oppurtunity to earn. |
|
|
|
Rubble898zaitO
Newbie
Offline
Activity: 210
Merit: 0
|
|
January 18, 2018, 12:35:45 AM |
|
It's a hit and miss. For me, I would buy some gradually, not in bulk. When it goes down, buy some again. Until the time when the market rises again and profit comes. Happened before.
|
|
|
|
|
Butchick
Full Member
Offline
Activity: 392
Merit: 101
dApps Development Automation Platform
|
|
January 18, 2018, 12:39:44 AM |
|
It actuually depends on the coin that you are trading. If by this time you get to have more coins compared to the times when market isn't down, then go for it. But if you think that you will lose some, then i guess it is best to hold and wait. During this time, i tend to purchase some coins and gold them for i get to have them at a low value.
|
|
|
|
stronghandsdeeppockets
Member
Offline
Activity: 266
Merit: 27
|
|
January 18, 2018, 12:39:53 AM |
|
During such dips the best way is to use a DCA (Dollar Cost Averaging) strategy and buy a fuckton. If you truly believe in a coin, such dips will make you easy money as long as the tech behind the coin is a for real and not just vaporwave
|
|
|
|
|
stimliall
Newbie
Offline
Activity: 126
Merit: 0
|
|
January 18, 2018, 01:27:08 AM |
|
I won't trade when it goes down! The current market because of the policy influence is fluctuated!
|
|
|
|
|
ylnar123
Member
Offline
Activity: 350
Merit: 10
|
|
January 18, 2018, 01:44:02 AM |
|
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?
Trading is also good when the market is down but not at selling. Just buying and holding will be good, where you buy coins for low prices then wai for the price to pump up. I dont know what other think on this days that they see reds,but as for me red is good when you buy tokens. |
|
|
|
|
