JMD07
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Activity: 378
Merit: 10
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May 28, 2018, 03:03:13 PM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
It's the best time to buy during dip and hold until the price recovers but if the dip will continue you should not get panic as the price will not go to zero it will bounce back in few days. Be patient to wait for the best price that you can get profits.
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lovenlifelarge
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May 28, 2018, 03:11:47 PM |
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I am setting buy order at 24 time low, and having another order 5-10% below it, as it is normal for the market that some people are panic selling and making the market spike, this is a good technic to acquire instant profit.
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dzelenyanskiy
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May 28, 2018, 03:14:59 PM |
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I believe that you should refrain from trading until the situation on the market stabilizes. Due to the lack of sufficient level of knowledge and skills in trade, you can now lose your money! Only very experienced traders know how to earn on falling prices.
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lovenlifelarge
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May 30, 2018, 09:38:19 AM |
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even pro traders have mistakes and doubts, one tip that I want to share is, trade without emotion. Like they said, only one way if you are in the bottom, it is going UP! DOnt be afraid to play the game of uncertainty, take risk.
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zeaderza
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May 31, 2018, 05:30:36 AM |
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Tere are two strategies when the dip goes dipper. If you believe it will goes dipper again then you could buy contract trade in okex or bitmex. Or if you want to do apot trading you can buy again 2x much you bought before and when it is bounce back you can sell it in small profit then wait again for another dipper.
I don’t think so trading at time when the market is dipping down is a very good idea and that this will only result in loss of your money. It is better not to sell your coins at that time and that you need to stay patient and go only for holding of all your coins. Other than holding, you can also go for buying of more crypto coins if you have this much of the budget as this will then help you in having more profit.
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28days_ever
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May 31, 2018, 05:35:56 AM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
This time is very confusing, especially for investment. Massive corrections knock down the price of any growth and you need to look for alternative ways of earning a type of bounty or Ico.
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aragom
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May 31, 2018, 07:16:10 AM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
just hodl. not buy anything. or not sell anything. go out and take fresh air. and hodl until it is rising again. be patient.
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Bitcotalk
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May 31, 2018, 09:48:46 AM |
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I believe that you should refrain from trading until the situation on the market stabilizes. Due to the lack of sufficient level of knowledge and skills in trade, you can now lose your money! Only very experienced traders know how to earn on falling prices.
If someone has really learnt trading or even given some time to digital currencies, he will know that even during the dump phase, these coins fluctuate so for a trader, change in value is all that matters. Now it is up to him how he can get benefit out of this. This is only for day traders. A long term trader must buy more coins. It is a very basic rule of this profession to buy assets at low price. Simple as that.
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xenomorphe1
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May 31, 2018, 10:11:48 AM |
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It is best to trade in short term in the deep. Or not trade at all and wait that the market is in bull mode.
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FoBoT
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May 31, 2018, 10:22:42 AM |
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I think we it comes to trading in general, you need to have lot of understand and experience of it before you decide to trade because you should know when to buy and when to sell. If you feel you can bare the loss when the market is dip and it continues in this trend, you can buy and hold till when the market recover because this is a good way to make profit but if you do not have any idea about trading, it is better to hold your coin till when the market rises
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MGBloomz
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Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
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May 31, 2018, 10:52:10 AM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
No one is good enough to do a trading when the situation is in downfall. Have patience to wait for the bounce back of the price. Spent your time to your family rather than force to trade and you will lose.
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Bybox
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May 31, 2018, 03:54:59 PM |
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The answer is very easy, don't overtrade mate, sometimes you need to stop trading and look at the market. You can also open a short position every time the price bounce since the market is bearish but it will not work forever. For now, shorting bitcoin is very profitable since the beginning of 2018 but we don't know for how long and you might end up losing your money if the trend change. Personally, I do not leverage trading and prefer to accumulate cheap tokens for the next bull run.
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IMatveeva
Newbie
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Activity: 182
Merit: 0
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May 31, 2018, 04:43:26 PM |
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Trade on the decline. You can trade on the decline of the market the more bitcoin falls the more you earn. It's called short-sell. Many people make more money on this than on the rise of the market.
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DevelopmentBank
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May 31, 2018, 04:59:51 PM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
Don't buy the immediate dips. Always hold until the "dip" actually "dips." One or two days ago would have been a really good buy if you ask me. We are up a good percentage today. My strategy is to simply not spend my entire budget on a single dip. I only buy 50% worth of what i can afford. Then in that case if it dips again, i have another 50% worth of which i can use to average down my original buy. Good luck mate!
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BurakXel
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Activity: 238
Merit: 30
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May 31, 2018, 05:02:49 PM |
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I think that now it is not better to trade, it is necessary to wait for a while and notch what will happen to the market further. I think for a while there will be a flat
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go4crypto
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May 31, 2018, 05:07:20 PM |
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The current sideways and in-correction market is not good for trading. It is a good time to buy any good coins on the dips and wait until the time it starts going up strongly for trading.
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DeadCoin
Sr. Member
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Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
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May 31, 2018, 05:38:53 PM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
It's bit hard to accept the fact but the best practice would be stay calm and buy more coins if you are more confident. This is the best time to invest and buy more coins when the price is too low. Keep the trust and yes you will be upheld with growth in crypto. Profits are made sure with crypto. You just need to be more patient and trust in it. Choose the best coins.
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PancherBitCoin
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May 31, 2018, 06:52:17 PM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
It's bit hard to accept the fact but the best practice would be stay calm and buy more coins if you are more confident. This is the best time to invest and buy more coins when the price is too low. Keep the trust and yes you will be upheld with growth in crypto. Profits are made sure with crypto. You just need to be more patient and trust in it. Choose the best coins. many experts today advise a little hold their assets and do not use the current state of things in the crypto currency market. The fact is that if the situation begins to change, then different coins may themselves be inadequate, because there will be a reorientation of different projects.
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Bardman
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May 31, 2018, 08:35:01 PM |
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Find an exchange that lets you short. If you can't, the best strategy (and easiest) is to try to buy the RSI dips and sell really fast, taking really small wins like 2-3% at most because the bounces always end up dipping again.
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Edsemen
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May 31, 2018, 10:01:33 PM |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
Don't buy the immediate dips. Always hold until the "dip" actually "dips." One or two days ago would have been a really good buy if you ask me. We are up a good percentage today. My strategy is to simply not spend my entire budget on a single dip. I only buy 50% worth of what i can afford. Then in that case if it dips again, i have another 50% worth of which i can use to average down my original buy. Good luck mate! In my own perspective,I cannot trade as much as possible because my funds isn't enough for me to do a particular move. Since I don't have lots of received tokens. It is hard for me to trade especially the dip keeps dipping and it's not worth it. Fortunately, I will take this opportunity to continue despite several dippings happened.
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