JanuaryStars
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May 09, 2018, 02:46:50 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
Yes this is within normal bounds of crypto market, it is highly volatile, thus, prices fluctuates. Fluctuations will give opportunities for investments. So if you have enough resources, why don't you buy coins that is/are particularly successful potentially? If not, just HODL your assets cause prices will soon recover as soon as price drop hits bottom. Just be patient.
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goyald2801
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May 09, 2018, 06:20:03 AM |
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you need to be expert to take a decision in bearish market , except holding coins there is no other option for newbies . one more fact is also check support line and resistance line to confirm if it is trap or not .
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Thiekungan
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May 09, 2018, 06:22:35 AM |
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It would depends on how is your style, if you as a trader then when it reaches -15% then they will sell them right away for cut loss and then buy back at the bottom. But if you able to follow that style maybe its better than holding.
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idioma1
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May 09, 2018, 06:27:06 AM |
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The most important thing to keep in mind during slowdown is that it's normal for the crypto market to have negative years—it's part of the cycle.By staying calm and not making any sudden moves, you'll save yourself from becoming a bear's lunch. Like do not sell and do not buy. just be patient and wait till it will grow
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fklfyl
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May 09, 2018, 06:35:08 AM |
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I suggest you buy more coins when the market stops falling, and you'll make more money when bitcoin starts to rise. You just have to wait patiently for bitcoin to recover.
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Coin-1
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May 09, 2018, 06:43:01 AM |
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Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Yes, using a stop losses is a good idea in the world of crypto currencies. But some of the large investors shake the crypto exchange markets especially in order to trigger these stop losses events. When all of your coins have been sold in the automatic mode, they start to pump this crypto currency again. Therefore it is pretty risky to use a stop losses. You better to read about the current situation in the field of crypto currencies and sell your coins manually when you are sure that the global trend is negative.
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Jimboqs
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May 09, 2018, 06:47:28 AM |
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my tactics when the market falls is to sell everything. if not managed in the early fall of sell the to leave on long-term storage.
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akuser
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markaccy.io
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May 09, 2018, 06:50:23 AM |
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If market falling I'm prefer just waiting and hold, I'm not best trader, so I gain more profit when I do nothing when it is falling.
Indeed if in falling market conditions, the best thing to do is hold the coin. Because Of course if we sell coins in a cheap state, we automatically will not get a profit, in this case I agree with you. And another one, try to avoid panic
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BrindHexta
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May 09, 2018, 06:55:07 AM |
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I think that there is really no tactic. I think that the most correct step is not to do anything and just wait until the market and capitalization of the crypto currency will again have an upward trend. That's the good news
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Analyst101
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May 09, 2018, 07:08:56 AM |
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If the market is falling and it keeps falling. You can either short the market via Bitfinex or Bitmex. You can also buy coins for cheaper. However, that strategy will only work if you chose coins that have potential to bounce back. There are so many coins that fall from its December price and never recovered. However, there are also that just went even beyond their highest price before that. So be careful and choose the right coin which requires more skill though.
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ASHLIUSZ
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May 09, 2018, 07:12:19 AM |
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If market falling I'm prefer just waiting and hold, I'm not best trader, so I gain more profit when I do nothing when it is falling.
Indeed if in falling market conditions, the best thing to do is hold the coin. Because Of course if we sell coins in a cheap state, we automatically will not get a profit, in this case I agree with you. And another one, try to avoid panic Well explained in a much simple manner. Even in the falling market there will be fluctuations in the price, the trade who is highly knowledged and has the belief upon the growth of the bitcoin make the best out of it. Apart from this, holding is the best one can do when the market is falling.
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Mr.Noda
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May 09, 2018, 07:19:31 AM |
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If you believe in a coin hold, do not sell it even if it falls temporarily! If the coin is good it will still rise!
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childish
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May 09, 2018, 07:20:09 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
a good tactic for falling market conditions is to hold a coin to withstand a lower fall and invest to increase the price of the coin. both ways are the right tactics to increase and hold back the deeper market fall. so I advise you to use this tactic.
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buimangai1234
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May 09, 2018, 02:49:20 PM |
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Personally, I use a very simple way. If I see that everything is falling, then I just close the laptop and go for a walk on the street, but if the fall is delayed, then I do other things to distract myself from crypto currency. To just not see this, because I have a very fast panic
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yaoye0o
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May 09, 2018, 02:54:46 PM |
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If you do not dare to face the bearish market situation, you can set a stop price level, and you can get out of the stop point in the market. This is a very good trading strategy.
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ezra band
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May 09, 2018, 03:05:18 PM |
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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
I just do it on a simple way, every time I see that the market is falling, I just wait and hold a coin just to withstand a lower fall and at the same time invest to increase the price of the coin. Those ways are the right tactics to increase and hold back the deeper fall. So I would prefer you to try this strategy.
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Halbert
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May 09, 2018, 03:06:38 PM |
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The most important thing is not to panic and wait for the moment when you can buy at the bottom of the market, but you do not need to sell your coins !
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teplohodov
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May 09, 2018, 03:07:37 PM |
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The best option when the market is falling to buy more coins. When the market recovers you will get a good profit.
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CAPT.DEADPOOL
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PHORE
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May 09, 2018, 03:09:18 PM |
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if the altcoin and market tokens go down that is the best thing to do and buy an altcoin and token that knows just increase bitcoin because that's the easiest way to make a big profit down the price of altcoin and token in the market
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mammoniter
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May 09, 2018, 03:09:49 PM |
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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
The most basic and for me the most effective tactic in these moments are to just hold and if I am able to I also buy a lot to increase my holdings of the token i want since its price by that time would be very low which is ideal to buy. Just stay firm to your goals and don't panic the market is volatile so it will always have moments of red market.
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