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darkr
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May 08, 2018, 05:33:21 PM |
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Profits are made when you buy and not when you sell. Opportunities for profit are best found when the market is down, so why stop trading when it is the best time to enter a position?
When the market is red, it is better not to trade (this is just my personal convenience). I am trying not to risk this time and go on holding the coins. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Andalusy
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May 08, 2018, 05:58:34 PM |
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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.
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elkafee79
Newbie
 Offline
Activity: 122
Merit: 0
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May 08, 2018, 06:05:12 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?
If you are profesional , you can do daily trading. I personally prefer to hold my coins and wait until the market will rise. |
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ovcijisir
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May 08, 2018, 06:08:59 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?
If you are profesional , you can do daily trading. I personally prefer to hold my coins and wait until the market will rise. You have to dedicate a lot of time and must follow fluctuations price and what is happening at all times in cryptocurrency world if you decide to daytrade. I prefer also to hodl. My strategy is to find good projects and don't sell it until its price rises several times. |
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Tanmoy98
Member
Offline
Activity: 325
Merit: 10
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May 09, 2018, 03:19:33 AM |
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Now all the altcoins price is up.I think this is not the right time to invest your money in trading coins.But some altcoins price is still low.So if you invest your money in that coins you will get little profit.  |
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zhuiyongliang8
Newbie
Offline
Activity: 210
Merit: 0
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May 09, 2018, 03:27:07 AM |
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If the market continues to be red, you can buy COINS at a low price, and you'll get higher returns when the market goes up again.
So don't panic when the market is red. It's time to buy.
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AjithBtc
Sr. Member
Offline
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
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May 09, 2018, 03:34:35 AM |
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Trading when the market gets indicated with red is purely the sign of a pro trader, because he always try to make the best out of it using the marginal difference happening between time. Today the market has gone low getting closer to the $9000 mark which might go higher by the ongoing weekend.
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reynilynedago
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May 09, 2018, 03:40:18 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?
indeed still trading even the market is red because i know that i can make money even the market is red by buying at the dumps and waiting for a small pump for at least 10% and then i am selling them so i can get a quick profit and i am just doing this all the time when the market is red and it seems that it is a good strategy. |
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jamids
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May 09, 2018, 03:44:54 AM |
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Trading when the market gets indicated with red is purely the sign of a pro trader, because he always try to make the best out of it using the marginal difference happening between time. Today the market has gone low getting closer to the $9000 mark which might go higher by the ongoing weekend.
I am not a pro trader but I wanted to be one someday so I am still trading even though the market is in red. There is still an opportunity as the prices are still moving. As long as I follow my trading plan then I would be able to minimize my losses in case the price would not go where I wanted it to go. During this times, technical analysis is more applicable especially in those coins that has high volume so it would be a good time to know if my strategy is effective. I am still doing the traditional trading because I am not confident yet with margin trading in which I would be able to short a coin. Anyway, my aim is just low percentage of profit so that it would be achievable. |
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mornabo
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May 09, 2018, 04:30:52 AM |
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Profits are made when you buy and not when you sell. Opportunities for profit are best found when the market is down, so why stop trading when it is the best time to enter a position?
When the market is red, it is better not to trade (this is just my personal convenience). I am trying not to risk this time and go on holding the coins. if the market is bleeding because the price drop occurs I think it is an opportunity to buy, but we need to analyze it first, whether the price drops will stop or continue to decline, I think if the downward trend occurs of course the risk of trading will be greater, just as some time ago when crypto is more likely to down, and I prefer not to trade because it is very risky |
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tentara pelajar
Newbie
Offline
Activity: 210
Merit: 0
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May 09, 2018, 05:17:58 AM |
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I think when red is the right time to buy coins, but that's not my benchmark. I also need to see the market trend. When many people join, then I will also do it. I would not know what would happen if I did not try it.
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daicavung
Member
Offline
Activity: 280
Merit: 10
The Protocol for the Audience Economy
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May 11, 2018, 10:54:19 PM |
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Trading when the market gets indicated with red is purely the sign of a pro trader, because he always try to make the best out of it using the marginal difference happening between time. Today the market has gone low getting closer to the $9000 mark which might go higher by the ongoing weekend.
The market is now red again, so this is the best time to buy and hold them for a long time. Maybe the price is still falling, people wait a few more days, the price they will be the best for us to buy. |
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cryptomoon1003
Newbie
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Activity: 80
Merit: 0
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May 11, 2018, 11:01:23 PM |
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No, i dont really understand the trading.. I have always lost money..
I am rather a long term investor and I prefer to invest in projects where I beleive in long term
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sachdientugoogle
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May 12, 2018, 02:48:47 AM |
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Yesterday was my first time using a stop loss and it was successful. We saw Ethos shoot up over 20% and those of us who have been in the game for some time now know that no coin will just run up and up everything is in waves, so I was stopped out and was able to buy back in lower thus getting more shares! We have to be smart, no sense in getting excited for your coin to go up and you not take or use the profits to benefit you.
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Bobocantik
Member
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Activity: 210
Merit: 10
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May 12, 2018, 03:56:34 AM |
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The market is long time is red, this affects us all. I don't trade on this market dayly trading but there are times i trade a few times a week and i know it's risky. I never broke my portfolio and i added a few coins at low prices. I'm usually on standby.
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isidrorex
Newbie
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Activity: 210
Merit: 0
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May 12, 2018, 04:23:00 AM |
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When you look at the market right now that it is red, I guess it is the right time for us to buy Bitcoin because many experts believe that Bitcoin price will bounce back and soar to the moon this last quarter of the year. If I just had my money, I would buy Bitcoin now in which it is still in a low price. But unfortunately, I did spend my BTC and fiat in buying Altcoin (ETH and XEM). Goodluck to every traders who seeks to see the market bounce back and have their profits. Patience is a virtue.
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pandanaran
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May 12, 2018, 04:44:22 AM |
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I am still new in trading, in view of this market thought only a few trader dare to take action because the market may fall harder, but I bought some low value altcoin, this is only my personal prediction because the red market so I think to buy and waiting for growth because this is already a low price according to my analysis
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tetyulfania
Member
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Activity: 653
Merit: 10
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May 12, 2018, 04:54:13 AM |
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Why do you afraid with red market ? do you think you will be loss your money id you are trade on red market ? we have take great moment when the market is red, we can use it to buy many of altcoin and we can buy bitcoin when market is red. Market is not always is red, next day we will get much profit when market is green and price of altcoin and bitcoin will grow up and high.
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Rashid6293603
Jr. Member
Offline
Activity: 36
Merit: 1
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May 12, 2018, 02:44:13 PM |
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The market falls after strong growth. Making money on the fall can be discovering short. Unfortunately, very few exchanges are allowed to trade for a decrease in the crypto-currency
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turagsoy123456
Member
Offline
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
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May 12, 2018, 02:55:43 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?
There's nothing to be worried about the blood bath in the market. This is a temporary situation because we all know her that this is normal.Just hold your coins do not sell or trade in this situation when the market is red, be patience and wait when the market is turn to green. |
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