Wysi (OP)
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October 27, 2019, 01:49:56 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
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Lanatsa
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October 27, 2019, 02:58:01 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
Nah its impossible for someone not to make any reactions into this very volatile market.As a human being we do normally act into these kind of circumstances since we don't like to lose up money and we do keep speculating on where would prices would go and emotions and reaction is inevitable. Important thing here is that you do know on how to ride with the waves.We are aiming for profits and these movements is the best recipe to gain those numbers.
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AliMan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 03:25:59 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
Some holders and traders we're not thinking for long term process on the growth of their asset, they kept looking after the updates of the market. When there's bubble price or surging trend of the market, that's the time panic buying is going to happen. Which I think inappropriate, and after seeing quicker changes of the price they always rant for their possible losses. Reacting to the actual fluctuations, was normal for us but don't be stressed out, because eventually it will recover to the best price it could.
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Wysi (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 03:30:25 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
Nah its impossible for someone not to make any reactions into this very volatile market.As a human being we do normally act into these kind of circumstances since we don't like to lose up money and we do keep speculating on where would prices would go and emotions and reaction is inevitable. Important thing here is that you do know on how to ride with the waves.We are aiming for profits and these movements is the best recipe to gain those numbers. I agree with you that it's inevitable to control emotions but I am requesting the users to be more cautious as risk takers and experienced traders made ride this fluctuations but it's not a cup of tea for everyone. Fluctuations does provide an opportunity to earn or lose if not dealt according but these manipulations which are created for short period of time might not be something which we are looking in a longer run.
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Febo
Legendary
Offline
Activity: 2730
Merit: 1288
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October 27, 2019, 03:51:38 PM |
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We have been doing same mistakes again and again ...
If you did it few times you should learn. Everyone need to do few trades to understand that he is a small fish and that Whales will eat him. You learn best by doing it. OK some people are smart enough and know how to listen. For the rest of us we need to learn on our mistakes. But if you repeat same mistake again and again, then I dont really know what to advise you beside to visit your doctor and ask him to get you a specialist.
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djsugar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 03:56:19 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
Reacting to the trend after it has happened is the biggest mistake, traders make. Once the fluctuation has happened, you need to wait to see the upcoming trend. During such big price fluctuations, whales get active and then they start manipulating the market as many retail investors start fomoing and make a wrong trading decision. One should make an educated decision before jumping into a trade.
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smyslov
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 04:08:33 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
It's hard not to, when you invested all your saving and you see it slipping just like that back last year I invested a lot of in one altcoin hoping that it will give me huge profit, it was a roller coaster ride watching the price dip and grow, because the coin is very unstable, I have to trade it all to Bitcoin because i finally realize Bitcoin is the only stable coin in the market, I made the right decision on that. I'm comfortable looking in the market, because you are in a more stable coin, so if you believe you have invested in a stable coin, you don't have to worry.
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jets567
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October 27, 2019, 04:12:05 PM |
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Market fluctuations is natural in crypto and some traders see it as an opportunity to make a quick profit so I think it is wrong not to react on market fluctuations unless your goal is long term then it is not advisable to buy during this situation because its hard to tell if you buy at dips due to the price changes in short period of time.
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cryptoangel
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 27, 2019, 04:21:05 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
In trading platform we can move at anytime and any fluctuations will occur in future days. Because we don't wait for one or two weeks, normally all the trading exchanges have many features so we can fix the ratio it can move at anytime. We don't monitor the every moment because automatic transaction also available it is easy to survive on any period.
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error08
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October 27, 2019, 04:22:41 PM |
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We should react to the market fluctuations, I've bought at $7500 and satisfy sold it at $9250, still profitable. Because a pump will lead to another dump, if the price can hold a new persistence level about $9K, it's a good thing for us, just wait for a chance to buy after analyzing where the market heading next. Usually, I'll wait several days until a week before making a conclusion.
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hugeblack
Legendary
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Activity: 2632
Merit: 3883
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October 27, 2019, 04:53:25 PM |
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Losing does not mean anything as much as you can learn from it, it is not a problem but repeating the same mistake without taking advantage is the problem.
If you want to play from the safe side, "skip the risk" this market is not suitable for you. It does not mean that you invest randomly or based on the hopes of "wait a week", but think about how to gain from all these changes to turn losses into gains and win at all times.
If you do not acquire that skill and you believe in this technology, the easy solution is timeless.
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rdluffy
Legendary
Online
Activity: 2352
Merit: 1397
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October 27, 2019, 05:57:49 PM |
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I'm here for some time, and doing some trades are the best way to have more BTC for the long term It's not difficult, but if you don't have patience or knowledge, it's better to hold, like you said
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jakelyson
Legendary
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October 27, 2019, 07:15:22 PM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
It cannot be helped. Those who have been here for a long time and acquired enough experience will not be easily swayed by market fluctuations and P&D news. But there will always be newbies who easily get scared when the market dumps or FOMO when it pumps. But in time they will learn and will adapt to market fluctuations. They will have to take their losses as stepping stones to become better in cryptocurrency.
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magneto
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October 27, 2019, 07:24:52 PM |
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The title should be more accurately reflected as "don't overreact to fluctuations".
Why? Because reacting to market movements is good. It means that your position on BTC is not stagnant, but rather is dynamic as market developments comes into play.
Otherwise, you're essentially the same as the gold bugs that held gold without taking into account what period or what cycle they are a part of, which is completely irrational in itself.
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sunsilk
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October 27, 2019, 08:33:35 PM |
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Why would you want people to stop reacting when there are fluctuations? that's basic attitude we have towards the market and we always act accordingly with anything that we see to the market.
If it's against to what we want, then we would buy as part of a known strategy of buying when it is low. And if the price increases, expect that many will start selling and buy as well because they don't want to miss the rising momentum.
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Wexnident
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October 28, 2019, 01:33:35 AM |
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I'd guess by don't reach to the fluctuations means don't panic? As traders, we must always naturally react to changes in the market since our plans that we have set may be changed depending on the market fluctuation. Besides, Reacting is not solely limited to panic buying or selling after all, so OP's topic may seem a bit confusing. Although I get the idea, those that panic in face of fluctuations are either short term investors or those that are newbies to trading. Most people who have experienced HODLing over the 2017 bubble should be already quite experienced with such fluctuations and should be able to react positively to such events. We have been doing same mistakes again and again ...
If you did it few times you should learn. Everyone need to do few trades to understand that he is a small fish and that Whales will eat him. You learn best by doing it. OK some people are smart enough and know how to listen. For the rest of us we need to learn on our mistakes. But if you repeat same mistake again and again, then I dont really know what to advise you beside to visit your doctor and ask him to get you a specialist. Indeed, get a specialist. You need help. Like immediately. It's like you lost the basic inheritance of a human being who learns from his/her own mistakes.
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blckhawk
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October 28, 2019, 02:08:15 AM |
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One of the greatest challenge of having a volatile market. It's hard to keep decisions in mind because of high price fluctuations and unpredictability of price direction due to market manipulation by whales. Even me, I'll admit that I sometimes stress out and get off track, making the wrong decisions. However, it's not necessarily bad, it's normal that we're being droven by these fluctuations especially if we are day traders. If however you are one of those hodl for life and only care for long-term investment, it's better to stay off the charts.
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Oasisman
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October 28, 2019, 02:10:56 AM |
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This topic has been discussed multiple times already and here we are again giving out advices from the people who poorly executed their investments in times of major fluctuations. Reacting to fluctuations is kinda normal for everyone, and what matters most is that if you were able to make a profit or took advantage of the market condition. Not reacting at all means not doing something, and It will lead you to nowhere but to wait for the target price you set, because I assume doing nothing during fluctuations is like hodling long term.
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michellee
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October 28, 2019, 02:15:39 AM |
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People are panic because they think that if they don't buy with instant, they will not have a chance to make a profit. They tend to buy at a price now without thinking about if the price will be down or up later. When there is a green candle appear in the market, people are ready to buy with a lot of money.
But later, if the price cannot increase higher than the price they bought and they see the price is dump so hard, that makes them disappointed because they buy at the high price. And if that already happens, they could only wait to see another chance to sell at a high price.
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Tylev
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October 28, 2019, 06:16:13 AM |
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We have been doing same mistakes again and again that's by reacting to the market fluctuations as either we tend to start buying like there is no tomorrow when we see pump or else panic and empty our coffers for slightest dump and the reason I am suggesting you all to stop reacting is for the fact that the bitcoin market is going through quick pump and dump from past 4 or 5 days so it will prove fatal if we sell out or buy at this point of time. Just take some time and look observe the trend for week or so before jumping into any conclusion.
No, I do not agree with your opinion. We must constantly research and discuss the behavior of cryptocurrencies in order to understand its nature and learn how to predict its development. Anyway, this forum is exactly for this purpose and is intended to discuss news in the world of cryptocurrency and its development trends. Therefore, for sure, we will continue to respond and discuss the reasons for the ups and downs in the price of our cryptocurrency.
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