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Author Topic: How will you make profit on altcoins at this times?  (Read 363 times)
akirasendo17 (OP)
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June 23, 2018, 07:43:27 AM
 #1

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others

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Anniee123
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June 23, 2018, 07:44:40 AM
 #2

I think it is not a good choice to invest in altcoin at present.
First, the SEC is not friendly to altcoin.
BTC and ETH have been approved by the SEC.

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CodyAlfaridzi
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June 23, 2018, 07:52:36 AM
 #3

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others
Short it. I'm not selling but I'm increasing my holding by shorting any coin that's about to fall. I've successfully shorted EOS on Bitmex a few days ago. You make more BTC by shorting on bear market than long on bull market Cheesy

Btw, the bottom is near I think. Anyone who makes it this far shouldn't sell now or they'll lose the game completely by selling near the bottom. I think I'll survive by not selling and instead accumulating more in a bear trend like this.
CryptoTamer
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June 23, 2018, 08:00:19 AM
 #4

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others

Sell and buy back at lower prices but, this strategy still has risks
Do this strategy if you really believe that Altcoin price can still go down and if your prediction is wrong, You must be ready to buy at higher prices.
Hopeman1
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June 23, 2018, 08:01:47 AM
 #5

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others

Sell and buy back at lower prices but, this strategy still has risks
Do this strategy if you really believe that Altcoin price can still go down and if your prediction is wrong, You must be ready to buy at higher prices.
So that's the paradox.
If you don't have a good trading strategy, most of the time you may buy high and sell low.
So I think the best way is to ignore the short term fluctuations, long-term holding.

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Andruha1993
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June 23, 2018, 08:08:15 AM
 #6

In my opinion, now nothing needs to be sold out of your portfolio, but you need to hold and also buy new altcoins. And after a while you will get a big profit. Main patience.
Meraki
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June 23, 2018, 08:11:26 AM
 #7

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others


If you want profit then continue trading, if you panic it means that you accept loses in your asset. The only thing you can still do is to buy cheap coins then sell it if theres a small recovery, a small profit is considered profit so thats the only way to earn while the market is bleeding.
Wildskull
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June 23, 2018, 08:12:52 AM
 #8

Sense to sell now isn't present as all cryptocurrency has sharply fallen in price. I think it is necessary to wait for growth. Almost always sharp falling of the price is followed by sharp jump up!
coinbeach1
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June 23, 2018, 08:15:58 AM
 #9

Pundi X sends you an additional 7% of your coins held each month until the end of the year. So if you have 100 coins on your listed wallet or Coinbene Exchange, at the end of the month they send 7 coins to your wallet (Airdrop). This way you always increase, and you can wait out fluctuations.

Good crypto Project! Their creditcard machine (POS machine) takes direct crypto payments.
Tipstar
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June 23, 2018, 08:17:41 AM
 #10

If you are too sure about the fall in price. You can sell your coin for USD and buy back more when the price decreases.
That's one reason why we have USD token in every of exchange. But again that would be a risk if market goes on bull.
Nonetheless it is a way to minimise the loss.


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gensol
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June 23, 2018, 08:46:37 AM
 #11

As an investor, who already has his investment money tied down in the bear market, to survive in this situation and make money as well, I think averaging down is the best option. buying at every dip down the way in small bits to make up for the evry first entry.
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June 23, 2018, 08:48:11 AM
 #12

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others
The market is not consistently going down and there are times that the market recovers a bit so there is still a chance to make profit even we are in this type of market and for those active or aggressive traders this is not a problem. I also trade sometimes but not an expert but in this current condition of the cryptocurrencies you should not be aiming for huge profit or price increase. What I do is sell on a target price level and wait for the price to go down again and re-buy.
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June 23, 2018, 08:50:36 AM
 #13

Unlikely, because the prices of altcoin are falling deeply, the market is full of red, many investors choose the holding method to maintain in the moment. It is currently unlikely to earn a profit from altcoins.
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June 23, 2018, 08:53:18 AM
 #14

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profitķ
at this time, please share your experience so that we can help others

TheDarkRide
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June 23, 2018, 08:57:26 AM
 #15

Unlikely, because the prices of altcoin are falling deeply, the market is full of red, many investors choose the holding method to maintain in the moment. It is currently unlikely to earn a profit from altcoins.

It is hard to make profit with this bearish one. We may try to catch the opportunity by buying more tokens at this time. Hold and wait for the next couple of months.
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June 23, 2018, 08:59:48 AM
 #16

  I will recommend swing trading or shorting to anyone who can take the risk at the moment. The market is bearish now and the best thing that can be done to make more profit is to accumulate more valuable coins. The bull will surely come back, that is certain.
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June 23, 2018, 09:09:11 AM
 #17

Lol.. definitely not by HODLING.. I have have personally gone so low that i have no other choice but to HODL  Grin WE WILL RISE AGAIN!
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June 23, 2018, 09:10:03 AM
 #18

there's nothing I can do in this bad market situation right now, keep patience and keep folding assets as much as I can. trading also has a very high risk and potential loss or trapped very high, because it is very difficult to analyze the market.
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June 23, 2018, 09:50:11 AM
 #19

Due to the market falling apart and lots of holders are in the panic button
how will you think you can survive this scare at the market, will you sell
or you will still continue trading? how can you make any profit
at this time, please share your experience so that we can help others

I can because i have sold some partials amount at peak and then i try to buy more and more altcoin when it looks so cheap right now. I will try to avoid the risk through buy in some levels, if the price will be surpassing my top level in the future and then i could get a lot of profit in the future.

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June 23, 2018, 10:05:59 AM
 #20

We can't make profit now because all altcoins are dropping so HODL and buy more cheaper to reduce average bought price
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