Still Trading When Red?

[automail]

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?

It is safe to hold your alts while in this bloodbath situation. If you are a risk taker and can take the risk because you have the money, you can always bet trade. Playing safe on investing can sometimes stop you from earning. Although I prefer to be safe, I always admire those people who take risk and be successful. There only a few of them. Majority of them fails because they are too greedy. At the end of the day, its your decision. Trust in your knowledge and gut feeling. It's like poker, you can be aggressive or play it safe.

[entrepmind23]

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 am still trading because I can still see some opportunities to buy a coin especially in this situation when they are in red and there is a high possibility that in the coming days, they will be in green or even the next hour. I have funds for short term or day trading so I use this to play with the market for now. Bitcoin is going up now as well as with other coins so it is a good buy opportunity besides it is all about the timing of buying that you would be able to profit or not. Some would even have bigger profits during this time because when the coin goes down and there is FUD, market seems predictable so those who short it would have bigger profits.

[turagsoy123456]

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.  

No matter how low the currency of the bitcoin right now but still i hold my bitcoin instead of selling. Because we know already the situation of the bitcoin. Sometimes the bitcoin is going down and sometimes going up.so it's better to keep on waiting for the right time to sell bitcoin.

[SLaPShoCk]

Market up, is an opportunity same as market down are also good opportunity. Most of the traders just see profit on an uptrend but we can also make money when price fall through short sells.  Just trade small amount maybe half of your regular trade.

[ganlianshifu1]

When red, trading can bring benefits, I think the risk is also very big! Because a lot of people panic, easy to sell at low prices, the market will fall. Although the recent policy has the influence on the market, but I believe it will be better gradually!

[CryptoDens]

Yes with yesterday's incidence almost all cryptocurrency has decreased dramatically, many speculate that the incident is triggered by policies made by Korea and China that issued a policy that prohibits the use of cryptocurrency, when it is issued that happens is mostly many who sell cryptocoin, and which even worse who do not know about the issue of the policy of the two countries follow-up sell some of its assets, then there was a very drastic decline. We can see today the condition of cryptocurrency has begun to gradually recover from the downturn yesterday.

When that happens I am more likely to analyze what is happening and how I should act, whether to sell or wait until the new low point of buying cryptocurrency. My yesterday's action is more directed to wait & see

[goaldigger]

Its more better to buy and hold than to trade because trading now is a bit more risky than the other weeks. Its true that cryptoworld suffers from a bloody price down but lets just make this opportunity to buy some cryptos and get ready foe the next bubble. Im sure it is possible to gain its value again.

[semutracing]

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 think this is news that will make panic as bitcoin or other altcoin holders because it will make all the crypto currencies decrease in value, and this will benefit investors because they buy the currency crypto cheaply and will be sold when high price

[AMHURSICKUS]

All crytos are suffering from a big down of price,  so its better to buy now and hold it untill it increase.
Trading rightnow is too risky all crytos are in red situation.
So we better take this as a chance to buy and hold , wait, be patient and trust your coin. And make profit when it is high.

[mx667]

I'm just holding into my Bitcoins and I have no plans in trading, however since demand will skyrocket this time, I might consider buying also some coins. I don't see this day or period as a bad day to all of us, instead I see this as a great day for investors to invest in Bitcoin. This is just another break for us to sell few coins for profit aside from those whales that sold a lot from last month and those panic sellers that can't wait. As the year goes, there will be more buyers due to its low price and after that expect its recovery.

Actually it depends on the type of trading you do. It also depends on the currency and cryptocurrency you make a tool for trading. If you do short-term trading with Bitcoin, then maybe you should rest for a while. But if you do long-term trading with Bitcoin, the current price of Bitcoin will not really matter to you because you can wait until the price goes up again. In fact, you can take advantage of this opportunity to buy and collect Bitcoin as much as possible so that later when the price is recovered, you can sell your Bitcoin and you can get a lot of profit. It also applies to Altcoin and certain cryptocurrencies.

[kaysersoze]

Yes of course! This is a perfect time to trade or just to hold, i prefer to hold since you can buy a lot of coins for a cheaper price. But yes, you can easily make a lot of profits from this kind of situation.. almost everything is in a -50% at the moment.

[btc.fanda]

I think it is the time to buy

[glowing10]

Yes of course! This is a perfect time to trade or just to hold, i prefer to hold since you can buy a lot of coins for a cheaper price. But yes, you can easily make a lot of profits from this kind of situation.. almost everything is in a -50% at the moment.

It is like a sale in the mall happening where you are getting 30 - 70% off. So why not one should buy the coins now when it is available at cheap prices. Just within 24 hours we can see a huge rise among altcoins already. So if bought ystd by today your portfolio would have grown by 20 - 30% already of good altcoins.

[eight5nine]

Red or green....it really doesn't matter. If you believe in crypto then you're all in. If not, get out the way for the people that are. ;P

[jaysabi]

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?

It is safe to hold your alts while in this bloodbath situation. If you are a risk taker and can take the risk because you have the money, you can always bet trade. Playing safe on investing can sometimes stop you from earning. Although I prefer to be safe, I always admire those people who take risk and be successful. There only a few of them. Majority of them fails because they are too greedy. At the end of the day, its your decision. Trust in your knowledge and gut feeling. It's like poker, you can be aggressive or play it safe.

If someone sold their house and put all their money on a roulette number, would that be an admirable thing to do? It's incredibly risky, but I can't imagine anyone finding it admirable to risk significant savings (win or lose) on what is a chance initiative. That's essentially what Bitcoin/crypto has become. How many people are now buying Bitcoin on credit cards or taking other high risk loans to speculate on something they hardly understand?

[darkangel11]

Of course! Having all red candles for days is simply not an option. There's always a bit of dumping followed by a short rebound until we finally reach the big one and begin a recovery. Trading in the red is more difficult, but very much doable. I've seen people do it live just waiting for the candle to form and going in and out again and again. I'm more of a stable guy who waits for a few hours, watching it go down and setts up near a predicted support line waiting for the coins to hop into the bag.

[stevano]

every moment I always take advantage to gain, the way if we have already bought at the top price then the price decreased, if like this happens then I will save and if there is still capital then I will buy at the bottom price to keep the purchase losses at the top price just now

[Rajatruck]

When everything is red personally I close the screens and I go out to do other activities

[StochasticOrder]

The short-term dip we have seen recently is natural and I would be more worried if it hadn’t occurred since it would signal a larger drop down the road. It’s not a surprise that the price started lowering at the end of the year, those investors that use more traditional trading platforms and pay taxes were closing out so they could claim it on last years form before getting back in, which was likely delayed with the fear mongering headlines we’ve seen recently. The rebound has already started, we’ve seen Ethereum up 40% since it’s lowest point a few days ago.

[mxyzptlkof6th]

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 am pausing a while because the values of my coins can still go up. It is good to be patient at times like this specially if you had already seen a situation like this before in the market of cryptocurrencies.