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Author Topic: What will you do when the market goes down? This is my advice  (Read 816 times)
24Kt
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February 14, 2019, 11:57:34 PM
 #61

Very obvious that if you are a holder of different tokens or altcoins, you need to decide fast if you will sell it or not. Otherwise, their value will gone down so fast you couldn't even blink your eye. But in terms of bitcoin possession, I tend to save it as much as possible. I believe that it will go up again.
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February 15, 2019, 01:28:10 AM
 #62

if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.

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February 15, 2019, 02:49:28 AM
 #63

if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions,
and holding back is not a bad idea if the price reduction only occurs in a small margin
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February 15, 2019, 08:31:34 AM
 #64

if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions,
and holding back is not a bad idea if the price reduction only occurs in a small margin
People sometime will confused when to enter market. We know when price fall we might be think it will be down again. It is better to enter market with  preparation first and we must already prepared if price down again like set up a backup.

.
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February 21, 2019, 09:17:08 PM
 #65

It is very easy, you can take advantage of the dump and also make lots of profit. For example, you have 1 Btc which is worth $4000 and you saw that Bitcoin is about to dump, just swap your Bitcoin for USDT, wait for the dump, and when you think it has gotten to the pick, you can now swap your $4000 to Bitcoin which will give you about 1.3 Btc instead of 1 Btc which you had initially.
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February 21, 2019, 09:48:57 PM
 #66

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

At the same time, do you know that the market can revert to profit and give you some percentage as soon as you exit. Sometimes, some losses turn to profit within seconds as far as trade is concern.
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February 21, 2019, 10:18:27 PM
 #67

if we have entered before the price drops then when prices start to fall then we can sell and we go out first from trading, this is so that we avoid losses, but if we have not entered the trade and see prices fall sharply then this is our chance to buy with low prices, because it is likely that in the future prices will rise again. maybe this is the safest way to trade. if there are other better ways we can try it.
not that simple, when the price falls you don't also have to buy it right then, very likely the price falls again when certain conditions,
and holding back is not a bad idea if the price reduction only occurs in a small margin
People sometime will confused when to enter market. We know when price fall we might be think it will be down again. It is better to enter market with  preparation first and we must already prepared if price down again like set up a backup.
I agree.For me,the best time to enter the market is when the price is low like we are experiencing today.This is the perfect time to buy affordable coins with great potentials.But for those who have been here for a long time,the condition of the market today is quite frustrating that is why some investors decided to sell their coins and will come back again once the market turns green again.

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February 21, 2019, 11:59:51 PM
 #68

Why yoy sell your ethereum abd bitcoin when the market goes down? Im not do that because in the first place as far As I know the ethereum and bitcoin will be increase first before the other coin so it is not a good Idea to convert the two coin that you mentioned to the other xoin there is no stable coin during the market goes down it will decrease mostly you're luck if you find something .
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February 22, 2019, 12:26:17 AM
 #69

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down
I think it's better if you will only sell half. Thus, you're still able to gain profit if market bounces from its bearish market to bullish market. However, if you really don't want to risk something, this would you do.
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February 22, 2019, 09:54:20 AM
 #70

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Sell all ETH and BTC you said??? I don't think so.
BTC is stable coin, do you thinking BTC not stable coin Huh
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February 22, 2019, 01:25:49 PM
 #71

For me, I see it very simple, if the market falls, I must go down and win while I'm low, I'm not the optimistic type or looking for shorts, I just follow the trend line of least resistance to take advantage, for this I have to analyze Very well the Market, which is very easy if you have a financial education that has not been corrupted only by technical analysis, if at least there is an understanding of why movements occur, I will have an idea of ​​what direction the market takes.

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February 22, 2019, 01:31:55 PM
 #72

Why yoy sell your ethereum abd bitcoin when the market goes down? Im not do that because in the first place as far As I know the ethereum and bitcoin will be increase first before the other coin so it is not a good Idea to convert the two coin that you mentioned to the other xoin there is no stable coin during the market goes down it will decrease mostly you're luck if you find something .
Everyone have its choice and so our own decisions but it sometimes we've been affected through our emotions which mostly brought us into mistakes.
Besides, not all of us are so optimistic and might those person who sell their coins during the bear season will just have taking into assurance that the could get something from there money but not thinking of their losses.
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February 23, 2019, 03:52:37 AM
 #73

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Wait until the market goes up...?

How do you know, with short term trades, how much higher it will go or how much longer?

The problem with short term trading (or swing trades) is that you go in and out of the markets, because in fact you don't believe that the specific crypto you are trading will be relevant for the long run. If you really believe in the bitcoin/blockchain story, you don't buy and sell immediately.

That's not investing, that's gambling. And if you're so much into gambling, check out Faireum.io

You'll make a heck of a lot more with transparent gambling and fair odds, compared to going in and out of the markets.

PS This is not financial advise Wink
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February 23, 2019, 04:13:02 AM
 #74

We have different strategies thus if you think that is the best for you so be it. In my case I prefer to hold bitcoin, eth and other popular coins because its more secure and unlikely to become delisted in any exchanges. Moreover popular coins are well-established and less risky to invest in, especially if you are aiming for long term hodling and profit.

The good thing about it is even their prices are declining you are confident that they can recover back their status once the market turns green.

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February 23, 2019, 07:51:41 PM
 #75

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

At the same time, do you know that the market can revert to profit and give you some percentage as soon as you exit. Sometimes, some losses turn to profit within seconds as far as trade is concern.
I think that the richest people in the cryptocurrency are those who invest and do not cash until and unless their profit is the maximum.  They normally invest when the market value of investment is the least. So better follow this ideology and stay for as long as possible. Do not cash out even when the market is a bit better. Cash a part of your coins when you can get the maximum output.
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February 23, 2019, 07:59:58 PM
 #76

My defense mechanism against going down is always buying more on the down side, when the price is going up I tend to not buy anything, I try to even sell my coins (I have multiple coins and if I see one of them go high too much I sell that, not all of my coins but just that coin) without really a bull look there is no point of keep buying during an increase, it is always smarter to just buy during going down and sell during going up.

So, if the market goes down that means time for me to buy more coins, if the market is going up then I sell so I will have capital to buy during the going down period. I wasn't always like this and bought while going up and sold while going down and I can testify that this new version is much better than the one I use to do.
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February 23, 2019, 09:35:22 PM
 #77

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Good advise and yes, when the market is going down, it's much advised to exchange any altcoin to USDT which is stable coin. Then when other coin values goes down, buy it with Tether.

As you said yes, set a minimum threshold of profits from 5 to 10 percent. Though it takes time and energy, it's much advised to do so. You need to be much patient.
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February 24, 2019, 05:25:45 PM
 #78

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down
I think it's better if you will only sell half. Thus, you're still able to gain profit if market bounces from its bearish market to bullish market. However, if you really don't want to risk something, this would you do.
No it is not good to sell even half at this time, price is on progress and it will recover very soon so not good to sell for now, hold your coin and wait patiently, as an experienced investor I would only suggest all of you to keep holding because it is on bearish soon bull will start moving, price will recover within few months but patience is key to success.
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February 24, 2019, 05:42:44 PM
 #79

I see the market in this way.

There was a good volume which caused the price to go up, it means that there was an offer, it continued to rise and it reached the point where the Strong Hands (Those in charge of raising the price, with Volume) Law of Effort-Result, according to Wyckoff, had to take earnings and profits was through a correction, since at 3800.3900USD, there was a good pull of liquidity ...

That way, it's like I personally see the market, now what I think is, it can go up a bit more, but there will be another correction, there are other pulls of liquedez for 3400-3600USD, but of course, the wisest thing is to wait, since the Volatility is what makes this exciting.

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February 24, 2019, 05:56:40 PM
 #80

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Wait until the market goes up...?

How do you know, with short term trades, how much higher it will go or how much longer?

The problem with short term trading (or swing trades) is that you go in and out of the markets, because in fact you don't believe that the specific crypto you are trading will be relevant for the long run. If you really believe in the bitcoin/blockchain story, you don't buy and sell immediately.

That's not investing, that's gambling. And if you're so much into gambling, check out Faireum.io

You'll make a heck of a lot more with transparent gambling and fair odds, compared to going in and out of the markets.

PS This is not financial advise Wink
Yes I am sure about it and it will increase very high I think we will have to buy now for trading because price is really good but still after this bull start I only suggest you people to trade for long term as day trading needs allot of knowledge and some basic skills at the same time for current situation it is only good to keep holding one day it will recover again.
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