BabyBoss
|
|
August 08, 2018, 01:17:42 PM |
|
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.
It i very hard to make decision when the situation is like now its like its very hard to sell it and turn to usdt ofcourse there is always doubt on every holder and trader but I think the most important now is to hold and buy while it will go deep down.
|
|
|
|
pimkobai
Jr. Member
Offline
Activity: 196
Merit: 1
|
|
August 08, 2018, 01:23:51 PM |
|
I believe that btc market in the current situation may still be not stable and fluctuations could still be recurring in the weeks to come due to some corrections in the market. However, once this corrections will over, I believe the bullish market may dominate again the the btc market where it could increase the market value more than the $7K level. Thus, btc hodlers should just continue holding until the big pump will be in place.
|
|
|
|
Oniko
Member
Offline
Activity: 322
Merit: 11
|
|
August 08, 2018, 01:35:35 PM |
|
Now the trade in cryptocurrency is very dangerous. Bitcoin can grow in price for 2 days and fall for 2 hours. No one except whales knows where the cryptocurrency market will unfold.
|
|
|
|
ranman09
|
|
August 08, 2018, 01:39:47 PM |
|
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.
This sounds so simple and effective. But how are we actually to know if bitcoin is going to dump or to pump?
|
|
|
|
mk4
Legendary
Offline
Activity: 2926
Merit: 3881
📟 t3rminal.xyz
|
|
August 08, 2018, 01:43:52 PM |
|
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.
People have literally been saying that for months. No one knows for sure when the the bull will come.
|
|
|
|
xena2
|
|
August 08, 2018, 01:48:33 PM |
|
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.
to trade bitcoin when its price is is advantageous. it is when most sellers and buyers earn. as a risk taker, they should know when it is the right time to sell coins.
|
|
|
|
Suketlapangan
Newbie
Offline
Activity: 84
Merit: 0
|
|
August 08, 2018, 01:53:39 PM |
|
buy when prices go down and save them, an unstable movement makes some people often panic, but must be able to take advantage of the right moment and calm, not rash ..
|
|
|
|
Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
|
|
August 08, 2018, 02:13:11 PM |
|
In my opinion, it's really hard to take advantage of bitcoin movements unless you're good at predicting and you have experience. It's good to take advantage of bitcoin movements, but if you take advantage of it completely, then you're really lucky. In my own experience, it's really hard, it's really hard to predict the movement so you can't really take advantage, the outcome that you expect may not work, and it will only disappoint you.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
AliMan
|
|
August 08, 2018, 02:15:18 PM |
|
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.
It i very hard to make decision when the situation is like now its like its very hard to sell it and turn to usdt ofcourse there is always doubt on every holder and trader but I think the most important now is to hold and buy while it will go deep down. Bitcoin is indeed making a name for itself and now is the time to make used of it. We should use bitcoin ultimately as it brings a lot of opportunities to its users. Well basically, I think we should be joining its quest and be part of the glory that it is chasing. Technically bitcoin is in a verge of doing something great so we must get involved with that.
|
|
|
|
paulwdc
Newbie
Offline
Activity: 32
Merit: 0
|
|
August 08, 2018, 02:28:31 PM |
|
you are absolutely right we need to take advantage of market movements because we can make profit via small pump and dump also Ur btc to usd conversion idea is good. because no one know when bitcoin will touch its all time high price so we need to trade according to situation.
|
|
|
|
verpobs
Newbie
Offline
Activity: 70
Merit: 0
|
|
August 08, 2018, 02:34:17 PM |
|
everybody can not understand the fluctuations in the market. this requires experience. if you are going to do this, you should do it with small amounts first.
|
|
|
|
Daniel91
Legendary
Offline
Activity: 3374
Merit: 1824
|
|
August 08, 2018, 02:40:48 PM |
|
Your suggestion is good but it's difficult to achieve it. Many people don't have time to watch btc movements 24 hours per day, to read analyses, and guess future trends. It's very demanding job. I think that for the most people is more easy jst to ''hold'' their btc funds and wait for the price increase.
|
|
|
|
Al-e_x
Member
Offline
Activity: 560
Merit: 11
|
|
August 08, 2018, 02:45:22 PM |
|
I analyze that BTC volatility only arround the 6K and 8K values. we can still get advantages by buying bitcoin when the price of 6K and selling it when 8K.
I say that this is the advantage of short volatility.
|
|
|
|
pedagang2
|
|
August 08, 2018, 02:55:47 PM |
|
yes right, we do it if we know and can predict exactly when the time for bitcoin will go up and when it will drop. what I experienced myself, sometimes our predictions are not right. as long as we want to be patient and try later on we will succeed
|
|
|
|
alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
|
August 08, 2018, 02:56:02 PM |
|
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.
This. I can't believe after all this time people are still buying or holding tether. If you don't want to hold BTC, then find an exchange that allows you to trade it for dollars or euros and hold those currencies while you wait for your opportunity to get back into btc.
|
|
|
|
baconlike
Jr. Member
Offline
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
|
|
August 08, 2018, 02:57:58 PM |
|
With the big fluctuation of the MOF, many investors have been afraid of losing money because they sold them at low price. But do not worry the market is up and down in a short time so keep it up, do not worry too much
|
|| ICONIQ HOLDING || The Premier Digital Asset Management Ecosystem, Powered by the ICNQ Token
|
|
|
Gotumoot
|
|
August 08, 2018, 03:03:57 PM |
|
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.
People have literally been saying that for months. No one knows for sure when the the bull will come. As some are dumping, some are buying and holding. For me, its good to take advantage of the bitcoin movement, its because it will make you earn bigger profit when the price of bitcoin is in increasing state. Buy when the price of bitcoin is on decreasing state, and then hold it and wait for the increase of bitcoin price, then sell it when it reach the increase profit that you desired, for you to be satisfied.
|
|
|
|
jakelyson
Legendary
Offline
Activity: 2282
Merit: 1070
|
|
August 08, 2018, 03:11:21 PM |
|
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.
easier said than done. You can read that on every textbook there is about trading, but they also say that it is hard to control and only real trader with significant experience can muster it. And even then, they still fail from time to time. If you are a newbie, do not just jump in and do what OP said. It needs a lot of technical knowledge before you can do it.
|
|
|
|
itrade777
Newbie
Offline
Activity: 112
Merit: 0
|
|
August 08, 2018, 03:14:45 PM |
|
That would be a one way strategy to convert USTD to bitcoin. I also use some Technical Analysis and what I am doing right now is a swing trade strategy. I usually buy when there is a huge dump and wait for the right moment to sell when i feel it is profitable.
|
|
|
|
Dexion
|
|
August 08, 2018, 03:34:17 PM |
|
buy, hold and sell, that is the strategy of traders and investors, but if without analysis, then I think it will make you lose the value of profits.
it's like acting without theory, so the analysis is a very important capital. today we can only take advantage quickly, small volatility becomes an open field for us to steal profits.
|
|
|
|
|