ausbit
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October 04, 2018, 10:00:03 AM |
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I'm not afraid. You as a trader know the price volatility is ok And not the whole market is going down. XRP, for instance, is up 77% on the month, according to coin360.
That is if he is a real trader or someone who just heard he can make money from trading and then decided to hop in without any knowledge or strategy whatsoever to trade the market. Market is always bound to be volatile and most especially the volatility is high with the cryptocurrency market which is the reason why you just have to be very vigilant, know what you are doing, and make decisions without emotions but what you know and what you see. I have never entered a position based on signals without ending up setting a stop loss, and that has always saved me from falling markets if the trend decides to continue downwards as against thinking of a reversal.
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StarofBTC
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October 04, 2018, 11:02:54 AM |
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This since few months the crypto currency market has been experiencing major outbreak. And starting the downfall of btc and expected the alts coins too. As a trader i feel tension and afraid when the market is slowly going down because of the rubbish market… How about you guys did you feel afraid when the market is going down?
You only feel afraid and call market rubbish when you are attempting to make decisions without knowledge. Sure, there is no way you would not feel a bit tensed if you are just starting out to invest or trade, knowing that you may find it very hard to make some decisions, but the reason why there is stop loss is because the market could actually decide to go against what you expect and as long as the market will always be one step ahead, you have to play it carefully. If the market is slowly going down, all you have to do is to wait on the sidelines, and try to get a pretty good signal based on your strategy before you end up getting in.
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sergiorus
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October 04, 2018, 11:41:33 AM Last edit: October 04, 2018, 05:52:49 PM by sergiorus |
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yes I am afraid bro, but what can we do? Lots of us are just bagholders who literally can't sell for today's prices after the prices we saw in December/January we just have to hold and think positive
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Kevinvaonav
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October 04, 2018, 04:00:36 PM |
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all have fears if you invest a number of your assets and experience a decline, but we all understand the risks involved in investing our assets in crtpto, so the best step is not to panic if our crypto assets experience price reductions, price analysis plays a role whenthis is the decision that we take is the best.
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wuvdoll
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October 04, 2018, 07:06:28 PM |
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Don't be tensed and afraid if you see the market slowly going down.
That's a market that you used to believe before and now you are feeling that because you see the other side of it. Get used to it and use that downness as an opportunity to collect, buy more of the coins that you seem to believe from the very start. I'm not really afraid to the market and I'm not worried at all because I know that it will be good as before again.
Anyone who is tensed is absolutely someone who is just so particular about the short term and has no vision on what the long term may be holding. Those who get into a market because of their believe in the long term being a successful one, getting to see real life usage and huge demand for what they are holding, and so many more, will definitely end up not getting bothered with whatever the market is bringing in the short term at all. As long as people will always keep seeing things in different light and looking for fast ways to get rich, their judgment will always be clouded and this is one of it.
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Zadicar
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October 04, 2018, 07:43:27 PM |
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This since few months the crypto currency market has been experiencing major outbreak. And starting the downfall of btc and expected the alts coins too. As a trader i feel tension and afraid when the market is slowly going down because of the rubbish market… How about you guys did you feel afraid when the market is going down?
Being worried is an inevitable thing yet we do invest our money to earn profits but as part of the risk we would possibly lose this money on a short period of time and you should really know the risk. No man that wont be afraid if they do saw their money is depleting but as long you do only invest the money that you can afford to lose and not risking your life savings then you are still on a good area. Proper risk management is needed.
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adzino
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October 04, 2018, 08:09:02 PM |
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There is actually nothing to be afraid of or panic about seeing the market go down. Just keep in mind that, as the price starts to go down, it also starts to open doors for new investors to enter the market. This thus will cause more people to buy bitcoin and will cause the price to go back up again and reach another new all time high record. The process is true for every case. And you can also take advantage of the temporary dip by investing as much as you can to maximize your profit.
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miropp
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October 04, 2018, 09:51:04 PM |
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Of course it bothers me. It's hard to watch all the coins I purchased fall lower and lower in price. But I believe in crypto and understand that the market will recover and my savings will be in place.
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andigentho
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October 04, 2018, 10:24:11 PM |
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I am not so afraid of the market conditions that are getting lower, I started from the bounty and now as a trader. Therefore I am not so afraid of market conditions, because I have never deposited money. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Eildosa
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October 04, 2018, 10:56:22 PM |
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I see this market decline as an opportunity for new investments at a lower price. It may also help to get rid of any debris. Because many coins will not be able to survive such a market and we will only have promising ones.
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LSt56
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October 06, 2018, 11:21:09 AM |
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Yes, there is always fear that arises when I see the market slowly starting to fall. But to avoid panic, I usually choose to avoid the market and take time to vacation.
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Abu Shadow
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October 06, 2018, 02:05:05 PM |
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This since few months the crypto currency market has been experiencing major outbreak. And starting the downfall of btc and expected the alts coins too. As a trader i feel tension and afraid when the market is slowly going down because of the rubbish market… How about you guys did you feel afraid when the market is going down?
The downfall will only be temporary as this is just to remove those weak investors and this will bounce back after few months. We don't need to be afraid as those downfall will give us a chance to buy cheap coins.
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DeadCoin
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October 06, 2018, 02:29:33 PM Last edit: October 08, 2018, 03:38:20 AM by DeadCoin |
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This pump and dump are normally happens in the coinmarket so don't afraid about current situation. Always the volatility is common so don't afraid if you are a long time bitcoin holder. Market will recover soon when the dump occurs. There is nothing to be frightened of. Its just the matter of patience and confidence on the cyrpto currencies you bought. Do not loose hope. Crypto platform is one of the best trusted platforms and the best one as well to say. This have created so many rich here.
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Ridwan Fauzi
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October 06, 2018, 05:22:32 PM |
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This pump and dump are normally happens in the coinmarket so don't afraid about current situation. Always the volatility is common so don't afraid if you are a long time bitcoin holder. Market will recover soon when the dump occurs.
Being bitcoin holder must have high patience, take a look price movements from January and then bitcoin prices continue to decline, only a few moments experience a rise and then go down again. However, for those who always want to get wealth in a simple way might have left their investment in a loss.
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AlexKr
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October 06, 2018, 06:39:17 PM |
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When the market is so long and continues to fall, I think it makes all market participants worry.
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BigBrother
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October 06, 2018, 10:16:14 PM |
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I think that the fall of the market can frighten only investors. I also keep some coins in the long run and the price reduction upsets me too. But then you just have to wait, I do not see nothing wrong. The situation will be better soon.
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anggaem
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October 07, 2018, 03:53:10 AM |
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my answer is no, because i'm holder and i'm not a daily trader so don't afraid about market condition. just hold it and patient until bull run come.
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raven7886
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October 08, 2018, 10:19:06 AM |
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We are technically not even in a bear market, the market has been stable for few months now, but for a few spikes. Traders are afraid of a stable market, not bear or bull market.
Trader will always be afraid of a stable market until they start seeing some bullish action. Yeah, we have been moving sideways for a while now and there is no doubt about that, while some of the altcoins have even shown some pretty good bullish momentum, but nothing is certain yet. The market to me is still bearish until we see a clear signal on the direction the market wants to take with bitcoin being the sole controller of the whole market. Bitcoin is in a descending triangle, which if we are to play by the books, it is bearish in nature, and the likelihood of seeing it break downwards may be there, even though, you may still see it break upwards if the bears does not have that power to push it down below the support level. For now, I would just say patience is all we have to imbibe, but nothing is guaranteed.
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escalante28
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October 08, 2018, 09:47:30 PM |
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Well for me it's a good time to buy any coins you want when the market is so dip. If the your reason you're afraid because you might lose big amount of money then don't sell the token you have bought until the price returns to its original price or more. IT's a matter of time mate. When btc will rise again I believed everything will follow and you can recover from your lose.
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hunnykaushal
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October 09, 2018, 04:45:16 AM |
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I don't afraid. I buy more at dip. More dip = more buy.
I use 3 part buy/sell strategy.
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