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Author Topic: Don't react to the fluctuations  (Read 2009 times)
BitHodler
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November 08, 2019, 01:23:35 PM
 #81

Yes it is main thing to remain calm in this volatile market but most of traders ignore this fact and react panickly or become over joyed in pump and dump situations which lead to manipulations in market.
How do you expect people to stay calm when they go all in on a trade? Even worse, some go all in with high leverage, so every move could mean they either make a lot of money, or lose everything they put into that trade.

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions, but that's not our problem.... they chose to enter extremely risky trades and have to face the consequences.

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November 08, 2019, 01:53:02 PM
 #82

Yes it is main thing to remain calm in this volatile market but most of traders ignore this fact and react panickly or become over joyed in pump and dump situations which lead to manipulations in market.
How do you expect people to stay calm when they go all in on a trade? Even worse, some go all in with high leverage, so every move could mean they either make a lot of money, or lose everything they put into that trade.

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions, but that's not our problem.... they chose to enter extremely risky trades and have to face the consequences.
Everything would surely react yet no human being wont really react when they do saw that they are gradually losing up their money.
Trading with leverage and going all in is some sort of gamble or shall we say a do or die situation for that trader to take.Even how hardly we do make
some analysis but results or outcomes arent still guaranteed.Therefore, with margin trades we should always set good fund management if we dont like
on getting burned instantly.

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November 10, 2019, 12:51:07 PM
 #83

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.

I believe there is no wrong in reacting to the fluctuation.  The problem why we lost during these fluctuations because we had choosen wrong choices such as buying instead of selling when price pumped and selling instead of buying when price dump.  If we timed our buy and sell right due to our right decision, we will see that reacting to the fluctuation is pretty profitable than just going idle what ever happen to the Bitcoin price.

Just try to profit a bit from the swings with a small portion of your holdings. Nothing bad of making a few 100s$ here and there, on the plus side it keeps you awake to the market and you won't hibernate when the rocket starts to burst again. Guess it's time to make a long-term plan for the next coming 2 years just not to panic if it really starts to get wild again.
Market fluctuations were common with bitcoin, ongoing market variation is much associated with the speculations. Users who are aware about the same won't get into panic. This will help with easy profiting compared to the users making panic decisions to make some profit out of the marginal variations happening with time. Finally as mentioned it is good to plan for long term profiting.

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November 10, 2019, 01:21:56 PM
 #84

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 each and every fluctuation can rob you off your money.
But keeping a tab on each and every fluctuation is actually very important. The reason being, sentiments in crypto market shift really very fast. Some small fluctuations followed by a bigger one can lead to trend reversal. If they are not followed, you might miss on an opportunity. Always be ready to take position after a fluctuation in case the market plays in the same direction.
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November 10, 2019, 01:37:01 PM
 #85

It is the FOMO phenomenon when we are afraid to miss something, so many people have lost money because of this.
I think patience is the key to success in life and it is also very important in the cryptocurrency market. It is easy to lose money if we do not keep our calm and patience in all situations.
The best way is to plan ahead and implement it, If you are not a good trader, move on to the long term.
When we plan to hold longer since we know that time will come BTC will have it's ATH again then better have a way to HODL even fluctuations is happening. When we plan we will not be affected no matter how low it can but set amount also when to stop loss if ever.
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November 10, 2019, 02:34:47 PM
 #86

It is the FOMO phenomenon when we are afraid to miss something, so many people have lost money because of this.
I think patience is the key to success in life and it is also very important in the cryptocurrency market. It is easy to lose money if we do not keep our calm and patience in all situations.
The best way is to plan ahead and implement it, If you are not a good trader, move on to the long term.
When we plan to hold longer since we know that time will come BTC will have it's ATH again then better have a way to HODL even fluctuations is happening. When we plan we will not be affected no matter how low it can but set amount also when to stop loss if ever.

I myself was able to set stop loss but it isn't effective, so I just set limit loss even though it takes for a long time. For that ways I can really see to it that my asset will gain a profitable value automatically, and by the time ATH comes I will benefit from it. Long  term holdings is always efficient when you're having patience to face the struggles.
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November 10, 2019, 03:21:07 PM
 #87

Yes it is main thing to remain calm in this volatile market but most of traders ignore this fact and react panickly or become over joyed in pump and dump situations which lead to manipulations in market.
How do you expect people to stay calm when they go all in on a trade? Even worse, some go all in with high leverage, so every move could mean they either make a lot of money, or lose everything they put into that trade.

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions, but that's not our problem.... they chose to enter extremely risky trades and have to face the consequences.

When you trade it is already given that it is risky but when they do trading with high leverage is even riskier since one small dump can make or break your trade. Leverage trading is good since it can allow you to increase your trade amount even without the money to do it but you have to make sure all factors have been considered and also you have to be ready for everything because we all know the price is very unpredictable and you can’t just trade without considering all the possibilities while having high leverage to avoid losing everything.
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November 10, 2019, 10:05:07 PM
 #88

It is the FOMO phenomenon when we are afraid to miss something, so many people have lost money because of this.
I think patience is the key to success in life and it is also very important in the cryptocurrency market. It is easy to lose money if we do not keep our calm and patience in all situations.
The best way is to plan ahead and implement it, If you are not a good trader, move on to the long term.
When we plan to hold longer since we know that time will come BTC will have it's ATH again then better have a way to HODL even fluctuations is happening. When we plan we will not be affected no matter how low it can but set amount also when to stop loss if ever.

I myself was able to set stop loss but it isn't effective, so I just set limit loss even though it takes for a long time. For that ways I can really see to it that my asset will gain a profitable value automatically, and by the time ATH comes I will benefit from it. Long  term holdings is always efficient when you're having patience to face the struggles.
Patience is a hard thing to acquire, not all have that kind of heart especially with a status like this. Many factors that could affect our mind and it really change our mind. What is the good thing of long-term holding is to be safe from losing but not really it works for now cause we can't get assurance for the price will going up instead of dropping, even for bitcoin. Even though we are an optimistic person, we could also feel disappointment and sees negative towards the market.
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November 10, 2019, 11:52:54 PM
 #89

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions,

Just before doing a big buy, triggering an avalanche of selling would be really useful.   Its possible there is some skill in doing that though its a bit risky to take the opposite side to what you eventually wanted to do, ideally for a bigger buy you do want a larger amount of selling because it delays the time when they will realise a steady buyer is available and raise prices when entering orders.   People do play the markets but I'd place it as a minor to the overall natural effects that might apply in the actions of every participant, people are generally jumpy anyway as there is alot of short term speculation.

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November 14, 2019, 01:17:12 AM
 #90

When you trade it is already given that it is risky but when they do trading with high leverage is even riskier since one small dump can make or break your trade. Leverage trading is good since it can allow you to increase your trade amount even without the money to do it but you have to make sure all factors have been considered and also you have to be ready for everything because we all know the price is very unpredictable and you can’t just trade without considering all the possibilities while having high leverage to avoid losing everything.
I have always thought that using leverage is a bad idea, in theory you could use leverage but you should reduce the amount of capital that you use in each trade in order to reduce your risk but then there will be no point in using leverage, so the only other way in which leverage could work could be if you are using a very tight stop loss and that you have a method of trading that has a very high accuracy otherwise it is impossible to survive using leverage for a long time.
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November 14, 2019, 01:36:46 AM
 #91

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.

Yes, I agree with you, we should not easily panic in seeing crypto price fluctuations. at least we wait for price developments for a week or two. then just make a decision to buy and sell. and in my opinion the people who easily panic are beginners. a crypto trader and investor who hasn't been panic for a long time. they can speculate well and smart in taking every opportunity for price fluctuations.

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November 14, 2019, 06:04:14 AM
 #92

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.
everyone has different emotions, so it's not always the same even though you've reminded anyone, I'm the same as you often observe trends before going to the market, usually I use the weekly MACD 1W indicator so I know when to trade and when to rest , basically being a trader should be more relaxed seeing the price of bitcoin being pumped or dumped in order to be able to control emotions and panic

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November 14, 2019, 08:29:16 AM
 #93

As long as the reaction is done on time and on target I don't think it's a problem because however when fluctuations occur there will be at least the right time for you to buy and sell, so it doesn't matter to react to the fluctuations that occur, because it is an opportunity for you to get a quick profit or maybe for other purposes which in my opinion will still benefit you if in the end you are able to be patient and not for FOMO.

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November 14, 2019, 08:34:26 AM
 #94

As long as the reaction is done on time and on target I don't think it's a problem because however when fluctuations occur there will be at least the right time for you to buy and sell, so it doesn't matter to react to the fluctuations that occur, because it is an opportunity for you to get a quick profit or maybe for other purposes which in my opinion will still benefit you if in the end you are able to be patient and not for FOMO.

That's very correct. No child ever died from a little bit of scalp trading. Smiley
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November 14, 2019, 08:34:43 AM
 #95

As long as the reaction is done on time and on target I don't think it's a problem because however when fluctuations occur there will be at least the right time for you to buy and sell, so it doesn't matter to react to the fluctuations that occur, because it is an opportunity for you to get a quick profit or maybe for other purposes which in my opinion will still benefit you if in the end you are able to be patient and not for FOMO.
Indeed. If your actions take the right path I don't think that it's a wrong thing to do, but sometimes reacting quickly also harm your investment.
As the market fluctuates and bounce back without your anticipations, you'll lose portions of your investment if you will keep doing that. The method
of scalping can be done if you fully understand how the market works and how will you deal with quick fluctuations.
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November 14, 2019, 11:58:13 AM
Last edit: November 14, 2019, 12:29:23 PM by Cherylstar86
 #96

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.

Yes, I agree with you, we should not easily panic in seeing crypto price fluctuations. at least we wait for price developments for a week or two. then just make a decision to buy and sell. and in my opinion the people who easily panic are beginners. a crypto trader and investor who hasn't been panic for a long time. they can speculate well and smart in taking every opportunity for price fluctuations.

Fluctuations is just normal here crypto currency community. Also, we can't blame those users to panic due to the price in times of decreasing and most of us cannot control our emotions especially those users who are new in the crypto currency community.
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November 14, 2019, 12:42:22 PM
 #97

Yes it is main thing to remain calm in this volatile market but most of traders ignore this fact and react panickly or become over joyed in pump and dump situations which lead to manipulations in market.
How do you expect people to stay calm when they go all in on a trade? Even worse, some go all in with high leverage, so every move could mean they either make a lot of money, or lose everything they put into that trade.
yeah thats funny how can someone say to keep calm when your money is falling in losing?and its easy to say such advice because its obvious that he don't even use that Calm when he is trading(if he really does)
The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions, but that's not our problem.... they chose to enter extremely risky trades and have to face the consequences.
lets leave that to the investors and to manipulators lol,because whales loves to manipulate while investors looking for Profit(or the baddest is losses0
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November 14, 2019, 02:59:58 PM
 #98

The only way I can think of this leading to manipulation is to have whales wick the price up or down to liquidity people's positions,

Just before doing a big buy, triggering an avalanche of selling would be really useful.   Its possible there is some skill in doing that though its a bit risky to take the opposite side to what you eventually wanted to do, ideally for a bigger buy you do want a larger amount of selling because it delays the time when they will realise a steady buyer is available and raise prices when entering orders.   People do play the markets but I'd place it as a minor to the overall natural effects that might apply in the actions of every participant, people are generally jumpy anyway as there is alot of short term speculation.
Having that common line;

"Sell when others are greedy and Buy when others are in fear"

It do works for me all the time specially if we do talk about long or trade swings  method.

R


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Emitdama
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November 15, 2019, 06:40:32 PM
 #99

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.

Yes, I agree with you, we should not easily panic in seeing crypto price fluctuations. at least we wait for price developments for a week or two. then just make a decision to buy and sell. and in my opinion the people who easily panic are beginners. a crypto trader and investor who hasn't been panic for a long time. they can speculate well and smart in taking every opportunity for price fluctuations.
I think that people are getting impatient as it has been long that people saw any surprise that will make them get encouraged again about participating more in cryptocurrency investment or usage and much of this discouragement is coming from the altcoin section because most of them has really watched what they have built gone down the drain.

Imagine someone out of patient, thinking that his coin will continue to grow from $15k suddenly loose it now to a value that is just a little bit above $500, what do you expect the person to do in new investment, they will always panic as the crash of any coin before it would do the same , and that is why you see that many people that have investment in bitcoin always panic at a point so that what happened in 2017 will not repeat itself again.
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November 15, 2019, 07:11:19 PM
 #100

As long as the reaction is done on time and on target I don't think it's a problem because however when fluctuations occur there will be at least the right time for you to buy and sell, so it doesn't matter to react to the fluctuations that occur, because it is an opportunity for you to get a quick profit or maybe for other purposes which in my opinion will still benefit you if in the end you are able to be patient and not for FOMO.

There is almost no way for people to react without it affecting the price.
Whether they want to earn quick or they are late to it. The truth is that those who are quick to sell will believe they are late an same goes to those who are late to sell.
When everyone is struggling to sell to gain out they indirectly cause FOMO.
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