Still Trading When Red?

[jaysabi]

I always prefer day trading in such a market but only with medium and small marketcap coins. This is the best opportunity to buy some large mcap coins for long term HODL. There isn't a best time to trade. You can trade in any market until you understand the market sentiments. After some hit and trial you can understand the general trader's behavior in crypto market and can time your buy and sell accordingly.

Current time is really good for long term investment. Although day trading is more profitable, and can give you instance profit but still it is too much risky and in current time bitcoin price is trading a little low therefore there are more chances that bitcoin price will boost very soon, i think we need to hold bitcoin for next few months and we will surely see the price doubt after few months.

I don't really think that day trading is more profitable than holding for the long term, I know it seems very easy to look at the charts and think that you can make a lot of money but it is never easy most traders are long term losers, they are unable to predict how the market is going to move in the short term and even if the potential of day trading is there it cannot be exploited by most people.

Skilled traders can usually make a profit in any market condition. Long term holders take variance completely out of the equation and that tends to smooth out returns over long periods of time. That's great in a steadily increasing market or a volatile market that still has an upward trajectory over long periods of time, but it really sucks in times like now where volatility is in a downward trend. Trading (as opposed to investing) is probably more beneficial in this type of market if you're actually skilled enough to do it properly.

[rafi035]

There's no way to stop unless you stop eating . In this case bitcoin are good whether it is green or red as long it fluctuates. These things already happens in the past, and ones again, it repeats, the next thing to happen bitcoin will bounce back all we have to do now is to wait and be patient.

I agree. For now that the price of bitcoin are in the low price better to hold it and wait for the next pump, everytime that many coins are in the red line i never sell my coin because for me its ok to wait than to sell without getting any profit 

Indeed, the price is still no certainty to make people nowadays better to stop temporarily to secure their funds than the more losses they will experience. I agree to do it myself

[ipanks]

I still do trading on some altcoins like ethereum, Neo, Electroneum and Ethereum Classic but I never think I will hold it for a long time, I just look for a little profit and sell it and I think day trading is good to do now.

I still trading too and I think I still could make a profit although it's not too big, I think it's enough for me to reach daily profit and cover my expenses. but besides trading, I hold some amount of the coin and waiting for the price is going to go up so I think my profit will bigger. I think in this situations, we can buy many good coins at the lowest price and hold or sell when the price increases for a little.

[rat03gopoh]

In addition to bitcoin, there are other alternative coin that can be used for trading, and not all coins must experience the same thing at that time. Why do not you take advantage of the others?

[jcarlo]

On this week bitcoin and other cryptocurrency drop the price, I am better away from market. But its good opportunity to buying some token/coin with good prospect with more cheap price. I am not do trading but I am holding my coin/token for long term

[nesty]

Of course when the market is red it means the coins are on sale. Lets take it as a positive thing because we can buy the coins at a lower cost and thats advantage for us and keep it for long term.

[Wong Gendheng]

When the price is down or red like this, it takes the courage to take risks, when the price of bitcoin drop then the price of another coin continues to decline and this becomes an opportunity because it can buy at a cheap price.

[Rasel5209]

Are you trader? If you trader you still your trade when you see coin is red. I say you don't follow red or green color. You follow market volume when market volume is increase coin price increase.

[Samk]

WHEN THERE IS RED MARKET THEN U CAN TRADE IN LEVERAGE IN THE THE SHORT SELLING METHOD THIS CAN GIVE U LOTS OF MONEY AS WHATEVER PRICE IS DOWN THAT MUCH AMOUNT OF MONEY TO YOUR LEVERAGE GIVES YOUR TOTAL PROFIT.

[gamaman990]

You just need to employ different trading strategy to suit the market's trend. Personally I still do a lot of swing and arbitrage trades. The downward market doesn't necessarily cause problems to me.

[musharaf]

For wise traders it is good to use this currency for trading and the altcoin trading are good when the activities in bitcoin become low at that time the activities in bitcoin is good and if the market is red then the trading can be good if the trader is wise and being the bitcoin user it is good for us to do trading all the time and the time management in trading is also a good way to make money.

[bitcoinisbest]

You just need to employ different trading strategy to suit the market's trend. Personally I still do a lot of swing and arbitrage trades. The downward market doesn't necessarily cause problems to me.

If you know swing trading then either ways of market conditions you can make money but yes one needs to be cautious because a small move in wrong direction can cost a lot in this fluctuating btc market especially when it falls.

[cryptotenoy]

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.

Right,as what i have seen about the current price in the market capitalization votality shows but there is no need to panic and trade when the value goes dip,keep in mind that holding is the best option and what those legends in this bitcointalk community taught to all newbies about this concerns.Trading was not the reason of cutting loses when correction happensbecause investing is about taking risk,most of risktakers have profited alot in this community and become millionaires at an early age.

[boyshx]

There's no way to stop unless you stop eating . In this case bitcoin are good whether it is green or red as long it fluctuates. These things already happens in the past, and ones again, it repeats, the next thing to happen bitcoin will bounce back all we have to do now is to wait and be patient.

People are getting lot more conscious about the bitcoin drop and that is obvious thing because bitcoin has never dropped itself with such great margin. However those who know that bitcoin will bounce back again will always invest at such drops and why should we stay back as we know very well it will come up sooner or later. The bitcoin has gone wild like this many times and I agree that we just need to put our extra patience in it to get the benefits in future.

The past is repeating itself? Yes, it is reacting itself and it has repeated itself many times over the period of its existence. We should really learn from this and must not get to the bottom of it immediately.

So are we trading in the red? Yes off course that is great opportunity. Go ahead and just snip it.

[d1ceplayer]

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 to do with luck. As for me, I have no particular time for trading, I trade at every time and luckily for me I do make money whenever I’m supposed to make money, and same thing applies to when I lose; there are also times when I lose money, that’s when I’m so unlucky lol. For people owns a big exchange there is nothing like the red, always green. 😁☺️

[mitchr4]

We can actually trading when it's red no matter the situation if still have a chances to buy or sell in that condition. Can even benefit from it depending on how you take advantage of the situation. But maybe people need to analyze what will happen to the coin later, sometimes it also requires us to hold some wait the right time if the situation starts to improve.

[ethereumhunter]

although I still trading when red, sometimes I am thinking to stop for a while and just see the price up and down without trading anything. I think maybe it's good for me to take a rest for a while and enjoy my profit so far and come back with a new power and refresh my body, mind, soul, so I can take a bigger profit. but in the other time, I think this is my chance to continue trading especially the price now is in the red so I can buy at cheap price.

[Clara.Wilfred]

Volatility is the what traders live for

[Vendetta666]

If you didn't want now, just stop trading for a while. Wait for the time the price will rise. But this is the time to buy, so can get your profit.
But it's still your decision to decide.

[futureofeth]

No, i am not trading in the present situation of the market because now almost i lost more than 50% in terms of value. So now i will move away from the market until the price of Bitcoin is kept increasing.