pearbagger
Newbie
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Activity: 12
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May 16, 2018, 10:25:53 AM |
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first of all you are not familiar with this market, there is no trading experience, then I think you should hold down your currency when you fall, provided you want to invest in a more promising currency.
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Lannie25
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May 16, 2018, 12:26:59 PM |
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In this case the most appropriate to do in this situation is to save investments as long as you can and want even if the market is falling, because if you going to feel panic about it there’s a possibility that your investments will lose with you.
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merrillolive
Newbie
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Activity: 224
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May 16, 2018, 12:54:55 PM |
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The best way I operate when market is falling is: I don't watch crypto prices for some days and keep calm.. then if market is still going down and I have some liquidity, I will buy some good coins and HOLD....
Yes. Keeping calm and patience is the key to success, I know few people will do as you are, they are afraid and see the price every day. The psychology they want to sell for fear of falling altcoin prices. But your way is very good, should not care about price when the market drops. and buy if they fall deep.
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melvingay34
Jr. Member
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Activity: 100
Merit: 1
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May 16, 2018, 12:57:33 PM |
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Just hold, too many amateur experts who think they can trade their way out of it, makes it worse for 90% of people.
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smutexar
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May 16, 2018, 06:48:31 PM |
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I believe that the best strategy for beginners in the period of falling prices on the market is to continue to hold your coin. In the future there will be other strategies for trading.
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LickKing
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Activity: 420
Merit: 10
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May 17, 2018, 07:07:32 AM |
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The cryptocurrency market has always been like this, rising and falling may be rapid, remember the continued decline in the previous months? Now that the market is starting to pick up, it is already a very good performance. If you are really panicking, sell a part! This will reduce losses! But profit will also be less! Mainly look at yourself!
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Huruharacorp
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Activity: 392
Merit: 12
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May 17, 2018, 07:27:57 AM |
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The main thing you should think is calm and do not panic when the market falls and it is better to hold the coin and you have a chance to buy coins usually after the correction price will recover.
perhaps rather than having to panic and not get a useful result, it's better if we use the falling market moment to buy another coin for example, because it will be more benefical and profitable
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hajimasan
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May 17, 2018, 08:54:08 AM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
This is a big problem for all types of the people who are newbie or have not much experience to make better trade in opposite circumstances . In this condition most of the times I usually go for the hold by selling the asset for the dollers ( Fiat value ) and when the market starts to grow then I again buy the same amount for the same asset . And second option for me is that I bought more amount of the assets ( altcoins ) so that the price of the coin get comes in avarage price and I can regain my Investment into profit in small time .
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PavelRostov
Full Member
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https://imgur.com/TOEV9DO
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May 17, 2018, 08:56:42 AM |
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The problem is that to guess where the bottom is almost impossible so to develop some stable strategy is also impossible. I am during the decline in prices, buy in parts and I think this tactic is the best option.
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kelincrad
Member
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Activity: 98
Merit: 10
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May 17, 2018, 09:27:20 AM |
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All we have to do is wait. It's important to stay calm. Most often people lose money because of panic. Or buy more coins if you have money
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alan2here
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May 17, 2018, 09:30:03 AM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
When the market goes down, you should hold all and do not sell. Selling only makes you lose more capital and frustration. Hold until it is recovered and move to USDT. It will not change too much when the market fluctuates. USDT will be a way to counter the volatility of the market and it is very effective for those who use the strategy.
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Nagibator007
Newbie
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Activity: 238
Merit: 0
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May 17, 2018, 11:20:22 AM |
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to reduce the risk, of course it is very important to use a stop loss every time you trade. so we can protect the investment from large losses because in any adverse situation we can sell it automatically and buy at a lower price.
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DjTremor
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May 17, 2018, 11:21:15 AM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
When the market goes down, you should hold all and do not sell. Selling only makes you lose more capital and frustration. Hold until it is recovered and move to USDT. It will not change too much when the market fluctuates. USDT will be a way to counter the volatility of the market and it is very effective for those who use the strategy. If you can understand that market would go down, you can sell your holdings and start waiting to get them cheaper after the going down. The idea is easy but applying this is hard. If the market doesn't go down after you, you have problem.
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baiwei
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May 17, 2018, 11:24:45 AM |
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One of the tactics I learned when the market is downtrend is sell it then buy back again when it's deep again. This is what I'm doing if I do a technical analysis and the market would possibly going down again but this is very risky because the market is so unpredictable sometimes.
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50ouncebrew
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May 17, 2018, 11:27:16 AM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
When the market goes down, you should hold all and do not sell. Selling only makes you lose more capital and frustration. Hold until it is recovered and move to USDT. It will not change too much when the market fluctuates. USDT will be a way to counter the volatility of the market and it is very effective for those who use the strategy. If you can understand that market would go down, you can sell your holdings and start waiting to get them cheaper after the going down. The idea is easy but applying this is hard. If the market doesn't go down after you, you have problem. I have to agree with you. Even though his theory right now is a sound one and could be a good thing to implement but it is not as easy as it seems. I mean what if the market just keeps going up after you sell and you do not get a chance to buy back into the market again at a low price before the bull market? This is why people hold through it all, there is no way to tell what will happen.
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adam1230
Legendary
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Activity: 1218
Merit: 1001
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May 17, 2018, 11:29:09 AM |
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My tactic is very simple I usually turn to BTC or ETH when market start to fall. And when start to recover i usually buy some profitable altcoins. Altcoins fall more then BTC when market falls and rises more on bullish markets. Its always same as you can check from history.
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hienvienlang
Newbie
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Activity: 84
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May 17, 2018, 02:17:19 PM |
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When the market falls I go here in the airdrop thread and laugh about the people there who give away all their data and I'm glad that I have something funny to read and not only red can see on coinmarketcap
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Trixie28
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May 17, 2018, 02:28:10 PM |
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Regarding on my tactics when the market is falling there is a lot of things I do. I buy different coins that I think it will give positive potential. Holding my coins that I have in my wallet. Just stay cool and do not panic because it is a normal way of their technique to panic all holders so that they should sell their coins. holding are the best tactics.
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bellakrstna
Newbie
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May 17, 2018, 02:44:41 PM |
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if the market is falling, the best strategy is holding your coins. or maybe you can also buy some coin and wait patienly to sell them when the market goes high.
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tantegope00l
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May 17, 2018, 03:32:11 PM |
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I think for long term investors do not need tactics in investing, he buys on certain coins and waits until the coins become bigger grows. It's easier to say it than to live it, but I think that's the way it is.
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