nussy (OP)
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August 08, 2018, 10:19:32 AM |
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If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.
I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.
Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
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Ibizugbe1
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August 08, 2018, 10:35:58 AM |
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It's nice what you are doing. I do same too with USDT and my local currency. Although there are some altcoins that are a good trade and they give profit because of high liquidity in the trading pair.
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boyshx
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August 08, 2018, 10:41:28 AM |
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All these years and people are still using this formula which is well established if we really want to make profits from the bitcoin. This is old strategy and it should be written over and over again freshly so that new comers can understand this market very well. Good suggestion about the use of USDT but one can always find other ways to hold their assets and down loose the value. And this way is simply fiat and nothing else. Many wallets does provide holding of fiat after converting the bitcoin or altcoins and thus it becomes very important to have. It is far trusted and stable as compared to USDT as it is still crypto and former is fiat! So rest of the strategy is good but holding in fiat is always advisable.
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mk4
Legendary
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Activity: 2744
Merit: 3830
Paldo.io 🤖
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August 08, 2018, 10:58:10 AM |
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Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
You make it sound too simple and easy than it actually is. Just as if you know for sure when exactly btc will rise and dump. It's definitely a lot more complicated than that. |
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palle11
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August 08, 2018, 11:03:58 AM |
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And this way is simply fiat and nothing else. Many wallets does provide holding of fiat after converting the bitcoin or altcoins and thus it becomes very important to have. It is far trusted and stable as compared to USDT as it is still crypto and former is fiat! So rest of the strategy is good but holding in fiat is always advisable.
Quite expository. You know, I have been thinking must usdt look like it is just the best to control your bitcoin devaluation or that people don't also know that they can sell bitcoin and hold in fiat then buy in again when they wish. Obviously, USDT is crypto too and we can hold our btc in fiat. Nice post and explanation from you but I don't have smerit to appreciate you   |
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MountainConqueror
Jr. Member
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Activity: 93
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Mountains is my passion
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August 08, 2018, 11:08:14 AM |
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Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
You make it sound too simple and easy than it actually is. Just as if you know for sure when exactly btc will rise and dump. It's definitely a lot more complicated than that. Really yes, if the price were on one level it's not a point the price will go there again after the dump |
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Herbys
Jr. Member
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Activity: 238
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August 08, 2018, 11:09:01 AM |
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If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.
I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.
Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
Until September 30, it will not exactly happen, until the issue is considered by the Securities and Exchange Commission, and then it will be necessary to focus on the solution. |
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close up
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August 08, 2018, 11:11:38 AM |
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Well, it is always gone up. That's why people keep dumping more and more altcoins while bitcoin is keeping dumped day by day. And it will increase soon.
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maloibtc
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August 08, 2018, 11:25:38 AM |
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I am not a great specialist that's why I think that btc movements have both pros and cons; i prefer the long-term hold as it is less risky as it seems to me. To my mind, this is the best solution
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geminiboy
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Activity: 574
Merit: 100
https://ammut.network/
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August 08, 2018, 11:37:42 AM |
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I am not a great specialist that's why I think that btc movements have both pros and cons; i prefer the long-term hold as it is less risky as it seems to me. To my mind, this is the best solution
long-term is feasible to apply, but you will wait too long to make a profit, the current state is best suited to play fast by looking at the movement of BTC |
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Ronaldcoin2017
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August 08, 2018, 11:44:54 AM |
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If we are going to buy that was an advantage if we are going to sell that was a big mistake on this huge dip. So then I believe that we need to buy more bitcoin before it will start in the next movement which is the said bull run, if the bull run begin we can't maybe don't afford to buy more. Because wits price will maybe rise up high.
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popsywura
Jr. Member
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August 08, 2018, 11:46:32 AM |
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You raise a valid points there and good suggestion. You also said it in a simple way as if it will be easy as that, because how can you easily determined when bitcoin will dump. With this analysis if bitcoin continue to rise you will be in loss. So you need to master the game very well to adopt this.
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Sukunan-
Newbie
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August 08, 2018, 11:49:50 AM |
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Is it really profitable if we want to try anything else we move in the field in my opinion that is extraordinary
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pao25
Newbie
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Activity: 70
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August 08, 2018, 11:51:38 AM |
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the mobility is not positive right now. bitcoin and subcoins are falling. It is quite difficult to make money when the fall trend is too high. I will prefer to wait a bit.
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davis196
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August 08, 2018, 11:52:59 AM |
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If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.
I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.
Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
I would never buy and hold USDT.The tether bubble scam might burst at any time. "trade only what is stable"What do you mean?Most traders buy/sell cryptocurrencies mostly because their prices are not stable.It they were stable the market woul be dead. |
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BrewMaster
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There is trouble abrewing
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August 08, 2018, 11:53:31 AM |
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If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
it will never happen. we have seen many times that when bitcoin rises altcoins will drop instead. and it has been always like this. even years before 2017-18. but for some reason this year people think things can be different and they are disappointed! Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
bitcoin is not some shitcoin that you are calling it "pump and dump". also using USDT is a risky move. nothing may every happen but the risk doesn't go away and it only happens once and in that one time price of it will go to zero. |
There is a FOMO brewing...
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Indamuck
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August 08, 2018, 11:56:55 AM |
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OP you make this should much more simple than it really is. Prices are extremely unpredictable and you can lose your shirt trying to day trade btc I'm sure some people can do it successfully but the majority will fail. As suggested above, I would stay away from making trades in USDT. There are many rumours that Tether doesn't have the cash to back up all their printed USDT , so it may very well burst and be exposed someday.
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bungutko
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August 08, 2018, 11:59:41 AM |
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I think btc is again gaining momentum for a better pump in the next couple of weeks and I believe this is now on the process of correction. For btc holders, just wait for it to make a bullish market in the coming weeks to come. I think people should monitor btc from time to time since the phasing of the market trend is really fast.
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waroenkshisha
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https://stake.com/
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August 08, 2018, 12:00:08 PM |
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Actually i keep optimist with BTC, do you remember last month, BTc price is down right? So decide to purchase it and invest on it, but after that aroubd two weeks the price is increase again after that i decide to sold some of the BTC so i can earn more than 15%, i never worried about the BTC price becuase i always optimist on it and keep monitor the market
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meanwords
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August 08, 2018, 01:13:31 PM |
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That's what I'm doing right now. It has been a week since the drop of Bitcoin from $8,300. I know it's a bad thing for the whole cryptocurrency world but at the same time, it's an opportunity for investors like us. We just have to keep playing with the market until new money comes again this September to December. I know it'll be hard for Bitcoin to rise again but cryptocurrency is unpredictable. Let's just wait on what is going to happen this following months for us.
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