Bitcoin Forum
November 03, 2024, 02:51:04 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Trade people (people's reaction), not prices as a trader.  (Read 280 times)
Lorokan (OP)
Member
**
Offline Offline

Activity: 421
Merit: 47


View Profile
April 26, 2020, 07:15:30 PM
 #1

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.
bittick
Hero Member
*****
Offline Offline

Activity: 2296
Merit: 506


Cryptocasino.com


View Profile
April 26, 2020, 09:33:28 PM
 #2

That means we will also try to trade the emotional of people by trying to take a look at their head. Most people will follow the trend because there was no a lot of expert traders that can control their emotions and drive the situation and control it.
At least you give some indicators to determine how we can do that. It's not an easy task to figure out what's in the people's mind

Denreal
Jr. Member
*
Offline Offline

Activity: 784
Merit: 6


View Profile
April 26, 2020, 10:13:48 PM
 #3

I think most investors so far, the market inclusive have proven not to be perturbed by any form of ofc crisis. Although, I am not saying that it does not affect it at all but that, it shows that it can easily recover from it , which has made [people to have a different notion about cryptocurrency. So, if a trader is going to trade at this time, he would have to look in another direction, to analyze the market. Although, professional traders also try to play on the intelligence of others to make gains, which is the most common trend.
KimmyF
Sr. Member
****
Offline Offline

Activity: 978
Merit: 250


View Profile
April 26, 2020, 11:50:28 PM
 #4

Still Crypto crisis isn't over yet, you can buy your favorite coin with low price to sell high. Everyday in coinmarketcap some Altcoins price is positive more than 100 percent. After halving at least top coin price will be high, you don't need to control anything. For trade or invest this time quite important. You can correct you altcoins if you are in trade. I think trade will help you to become more smarter than normal.
patz22
Full Member
***
Offline Offline

Activity: 1176
Merit: 104


View Profile
April 26, 2020, 11:55:35 PM
 #5

How? That is the only question that I can ask to you OP, how you will know their movements especially those big investors? Well, there are some telegram channels wherein you can see the movement of tokens/coins in exchange/s and you may follow it however still, you will not know if there are just planning to pump and dump it.
joshua123
Full Member
***
Offline Offline

Activity: 527
Merit: 113



View Profile
April 27, 2020, 04:32:44 AM
 #6

I am partly agreed. Yes emotions is weakness when a crisis is happening, cause people tendency is to sell due to panicking. Im may not be able to judge other for their deeds cause you cant really advise them not to if they really needed the funds. Corona virus really did some rekt on some people forcing them to sell but thats inevitable. If your a wise trader then really it is the best time cause everything is down but for people who are yet experienced or just learning of course they have fear that they may lose again.

Mealea
Member
**
Offline Offline

Activity: 300
Merit: 11

FRX: Ferocious Alpha


View Profile
April 27, 2020, 04:47:45 AM
 #7

I think we need to be very careful choosing a time to enter into market because in crypto anything can happen. Though you might think crisis time is the best time to take advantage of crypto but we must be very careful enough.

jossiel
Hero Member
*****
Offline Offline

Activity: 3164
Merit: 636


DGbet.fun - Crypto Sportsbook


View Profile
April 27, 2020, 04:59:29 AM
 #8

Trading with emotions doesn't really help you decide because you will rely on it and only you can blame if your decision turns into a mistake. Because if you do rely on emotion, you will not think but just buy and sell without further analysis.

But if you have done this mistake before, it's a lesson that you will remember forever which will guide you with your future trading decision. And that's going to make you realize that it's a valuable mistake if you learn from it.

Akiko
Full Member
***
Offline Offline

Activity: 896
Merit: 198



View Profile
April 27, 2020, 05:08:27 AM
 #9

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.
Fear of losing more ,that's the reasons  many traders selling their stocks/shares if the market get negative price because of negative news  or even crisis more country experience. But other traders see it as opportunity to earn while more of the market price crash, professional traders continue buying and grab the opportunity  to stocks more shares they can have in The  red market.

kceekcee
Jr. Member
*
Offline Offline

Activity: 211
Merit: 1


View Profile
April 28, 2020, 09:34:33 AM
 #10

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.



I agree with you to some extents, ofcourse you always have to understand the markets before trading.
But do you know that you cannot always trade peoples emotions correctly, there are times where you are left with no option but to dump outrightly and just pick your profits, and there are also times when you are left with just buying outrightly before such tokens moons again.

What do you do in such instance? trade emotions? or follow the market trends?
Oasisman
Hero Member
*****
Offline Offline

Activity: 2772
Merit: 552



View Profile WWW
April 28, 2020, 09:40:06 AM
 #11

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.

Well, these kind of stuff in trading has been going on for quite a long time already. It's called trading with the market sentiments. Nothing new with this suggestion, everyone has been doing and thought about doing this.
I might say, trade with experience and expertise not with the emotions, sentiments, and rely everything with what you have read or heard in the news about cryptocurrency.
Read the chart movements, TA's will somehow give you the closest possible scenario of the market movements.

slashz9
Full Member
***
Offline Offline

Activity: 1554
Merit: 101


View Profile
April 28, 2020, 10:15:17 AM
 #12

a crisis causes prices to fall and most people will panic.
it will be very difficult to trade in a situation like this, you must really have a stable emotion if you want to trade in a situation like this, because prices can go up and down at any time. the risk will be higher as well as profits.
CaVO32
Full Member
***
Offline Offline

Activity: 1848
Merit: 158


View Profile
April 28, 2020, 11:41:31 AM
 #13


The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.

Well, these kind of stuff in trading has been going on for quite a long time already. It's called trading with the market sentiments. Nothing new with this suggestion, everyone has been doing and thought about doing this.
I might say, trade with experience and expertise not with the emotions, sentiments, and rely everything with what you have read or heard in the news about cryptocurrency.
Read the chart movements, TA's will somehow give you the closest possible scenario of the market movements.

At some point, you experienced that kind of emotion during your early trading days. With experience, you will have good insights on how to manage your portfolio especially in crypto. And that's right, it is better to know what's going in the market, not only the sentiments but coupled with your know-how in trading analysis will give you a good advantage in crypto trading. And you will know at a glance, which coins are crap and just mere pump and dump coins. If you want to get profit short-term, you can ride the hype but you should know when to exit, and usually exit early before they start to plunge down. Don't be greedy with profits.
danherbias07
Legendary
*
Online Online

Activity: 3304
Merit: 1133


Leading Crypto Sports Betting & Casino Platform


View Profile
April 28, 2020, 11:49:44 AM
 #14

Wow! I never thought about that.
Maybe I am lined with the low intelligence people.  Grin

You are suggesting to take advantage of those who are selling their coins and the value of any coin going down now.
Well, that is a wise decision although it is not humanly correct.  Grin

I will note that. But some of my coins still have the same value. I guess the investors in it are still not in panic.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
bitgolden
Legendary
*
Offline Offline

Activity: 2982
Merit: 1131


Leading Crypto Sports Betting & Casino Platform


View Profile
April 28, 2020, 07:07:07 PM
 #15

This is actually a sound advice. I have been saying the same thing to people for years now, the price is not reacting to anything but other people, there is literally nothing in the world that makes bitcoin go up or down like people buying and selling, which means if you can sense when and why people would buy or sell, you will know what will happen to the price.

Let's say there is this X thing and when that X thing happens or happened before people usually end up buying a lot of bitcoin, and you see that the world is going towards X once again, so you end up buying a lot of bitcoin yourself and just wait for it, then the X happens and once again people start buying because of it, and you profit, simple as that. That is why figuring out the traders is more important than figuring out the prices.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
qazgroup
Member
**
Offline Offline

Activity: 1022
Merit: 20

RiveMont


View Profile
April 28, 2020, 07:11:03 PM
 #16

Yes this is very similar to the point that smart traders always make the most both when the market is in fear and crashes and also when the people are greedy or in fomo and market is pumping.

 ●   RiveMont   ●
 ❰❰❰❰❰❰  RVMT  ❱❱❱❱❱❱  
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  DeFi token  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
FrozenBit
Full Member
***
Offline Offline

Activity: 658
Merit: 102


PredX - AI-Powered Prediction Market


View Profile
April 28, 2020, 07:19:11 PM
 #17

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.
Absolutely agree, If someone has experience in this market, they will make a lot of profits when the market collapses. They will take this opportunity to fomo or buy altcoin when it collapses. Like saying, be greedy when others are afraid

[   P r e d X   ]          Multichains Prediction Market Powered by AI
/●  Politics    /●  Crypto    /●  Sports    /●  Stocks    /●  AI    /●  Others
███████████████     P L A Y   N O W     ███████████████
cytpoway121
Member
**
Offline Offline

Activity: 1540
Merit: 68


View Profile
April 28, 2020, 09:37:09 PM
 #18

This is just the truth about trading.
I usually say that you and i are the crypto currency markets because the more we trade, the more it survives.

The trade charts also is a reflection of human activities on the market, ability to deduce fomo or fud would ve a good turning point in your tradd
maxreish
Sr. Member
****
Offline Offline

Activity: 1358
Merit: 326


View Profile
April 29, 2020, 12:20:47 AM
 #19

But who those head of the sellers you are pertaining to? How can you know if they will gonna sell bitcoin today or tomorrow? Af first i thought you are referring to the market volumes and orderbook, that can also be serve and pointed out as people's actions. But to research on the root behind the actions, it is really hard.

Though there is a good point in your idea, but not all do understand about finding the person who will gonna be the head of the upcoming market actions and future action of traders. What i wanted to say is that most of the traders follow the hype eventually. When we knew how to ride people reactions, we can do better tradings.
Lorokan (OP)
Member
**
Offline Offline

Activity: 421
Merit: 47


View Profile
June 23, 2020, 06:24:46 AM
 #20

a crisis causes prices to fall and most people will panic.
it will be very difficult to trade in a situation like this, you must really have a stable emotion if you want to trade in a situation like this, because prices can go up and down at any time. the risk will be higher as well as profits.

This is not a difficult situation to trade.
Emotions aside, if you are able to understand the trade flow and understand that the market is in a panic mode; then that is the right time to get in and buy lows.

Remember to dyor
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!