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Author Topic: Do not follow every market wave  (Read 1472 times)
Wayrey2020
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June 11, 2020, 03:36:47 PM
 #121

As a trader, you do not have business with several trades at the same time, it only leaves you imbalanced, and leaves you with outdated information.
Why follow every trade on the market, when you can just select a few and stick to it like your life depends on it ?

A true trader knows what token to follow, when to follow, and when to stop following, so be a good trader.
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June 11, 2020, 03:38:11 PM
 #122

Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
Yes, because the cryptocurrency market can suddenly go down, it is clear that there is a need for analysis before investing, although analysis is also not enough for an investment reference, because the crypto market is really difficult for anyone to guess.
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June 11, 2020, 03:41:31 PM
 #123

Much better if you trade with study and you have to study about risk management too so you can trade profitionally without losing too much money in trading. In this way you can follow the flow of the market with precautions to avoid too much losing of money.
You are right, trading with a little capital in advance to find out the character of the market and the assets we choose. loss is the risk faced by every trader. but how we cut losses and make them profits is a skill from great experience that we can only get from trying to trade.

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June 11, 2020, 03:42:07 PM
 #124

Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
if for a beginner and plunge into trading when the market is in the pump of course it will be difficult. the market is moving fast and the skills to analyze the market will of course be very lacking. that brings us to a loss. but for a trader who is already proficient, they can see every possibility and opportunity in a high trading wave.
Enter market when Pump happens is very risky, not only Newbi for professional traders can also be hit by the Pump wave trap. Crypto market prices are always volatile and traders must be able to master various trading techniques in order to get a good profit.
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June 11, 2020, 04:48:20 PM
 #125

Don't follower in the market, that indicate you're not be able to be trader, don't know the technical and fundamental of trading. Its dangerous for follower who just decided to buy a lot of coin when its bullish, then hoping can get much profit with following the wave that you don't know what is that. Its very risky if you buy at highest price then its dump.

With that the need for basic trading is really needed and knowledge about trading not by jumping directly into buying and starting a trade that has a very high risk that has a fairly long experience of having a trading strategy each one is trading short term and long term  long and other

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June 11, 2020, 05:17:59 PM
 #126

I disagree, but also agree. I would say "follow" every market wave and be presence and check to see what is going on every single day let alone every wave, however when it comes to "joining" the wave, I would say you do not have to join every single wave. Just focus on the currencies you hold and of course be aware what is going on but stop trying to join every single wave since eventually you will be on the downfall part of the wave and will lose your money.

However if you trust yourself as a good trader I would say buying on every single bottom would be a great chance, on every wave there is a bottom and with that bottom you are earning more money. Bitcoin is something you should earn while buying, not selling, if you buy at the right price you are going to profit no matter what happens, maybe a lot maybe a little but buying at the bottom equals profit.

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June 11, 2020, 05:27:59 PM
 #127

the market is unpredictable, however it is absolutely impossible to follow all the transactions, the waves must focus on those that interest us and we must know how to wait and interpret the various signals, so much the market is cyclical so sooner or later a bull phase will return
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June 12, 2020, 06:30:37 PM
 #128

It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 
Bruh, if you say this thing from now till twenty years later, people will still continue to do it, they are not going to stop.
So, you can just do your thing that works for you. You tell some people this and they act like they get it, the next thing they won’t invest when the market is stable and low, but when it is fluctuating and at the peak price. You see them rushing to buy so they won’t miss the bull run lol.

When I want to invest in Bitcoin I invest during a normal time when the market is stable and then I hold it knowing that after a long time the price will go up. Another time I buy is when there is something happening that affect the market and make it decline. If I buy at this low rate time, I hold for the right time to cash out.
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June 12, 2020, 08:46:35 PM
 #129

Absolutely. It's more like saying that you should not be emotional whenever you are involved in cryptocurrency trading. Sometimes, whales kind of shake the market to cause fear and panic so that people sell cheap to them whiles they can later sell expensively when the market rises.

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June 12, 2020, 09:45:53 PM
 #130

Absolutely. It's more like saying that you should not be emotional whenever you are involved in cryptocurrency trading. Sometimes, whales kind of shake the market to cause fear and panic so that people sell cheap to them whiles they can later sell expensively when the market rises.
Better to study the market first before trying to invest with it. Do not trade when you cannot control your emotion because that might ruin your strategy and focus on what you really doing. Market waves sometimes makes you panic when it dump hard after you got it because many whales controlling it. If that happens leave the market for awhile.

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June 12, 2020, 10:57:32 PM
 #131

Of course, we must analyze further before investing in cryptocurrency, but not a few also invest by following each wave of trading and finally they are frustrated when the cryptocurrency market suddenly dumps.
It caused their money to get trapped into the peak price and that makes them lost more than 90% of their money instantly. Join in the bullish trend is the worst thing that can do by everyone. People must remember more price and more risk.
This is how investing in crypto works.

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June 12, 2020, 11:56:47 PM
 #132

Yes your true do not follow every market wave because some investors invest without doing proper analysis. They get irritated latter so better do research and analysis first and then invest in it.

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June 13, 2020, 01:45:43 AM
 #133

One thing I learn from trading that explains exactly what you said: chose your own battle. Never hop on every wave and trend if you don't know any single thing about it. Your fund is not unlimited so you should be careful. Let your brain and yourself rest from the stress to make a rightful decision when it needed.
yeah, it would be better if we choose our own battles, but we also can't just follow our instincts. we also have to look at other people's opinions, so if something happens that is beyond our expectations, we can be a little careful.

i agree with your opinion not to follow every wave and trend, because that will not necessarily provide good benefits for everyone.
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June 13, 2020, 08:39:34 AM
 #134

One thing I learn from trading that explains exactly what you said: chose your own battle. Never hop on every wave and trend if you don't know any single thing about it. Your fund is not unlimited so you should be careful. Let your brain and yourself rest from the stress to make a rightful decision when it needed.
yeah, it would be better if we choose our own battles, but we also can't just follow our instincts. we also have to look at other people's opinions, so if something happens that is beyond our expectations, we can be a little careful.

i agree with your opinion not to follow every wave and trend, because that will not necessarily provide good benefits for everyone.
All of aspects must have needed to have a good prediction that can bring use to the good result. Big wave trend is a trend to sell and it will not always become the best trend to buy. So many times people trapped by this trick that has already used by the whales. Bullish event will provide loss for the layers that joined in the late game.

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June 13, 2020, 10:06:14 AM
 #135

So it depends if you choose py pure emotions or if you try to choose objective with chart tools like Bollinger band and the RSI. Sure, you might make some profit by subjective decisions but in the longrun it might be very hard

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Smitty Werben Man Jensen
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June 13, 2020, 11:13:50 AM
 #136

So it depends if you choose py pure emotions or if you try to choose objective with chart tools like Bollinger band and the RSI. Sure, you might make some profit by subjective decisions but in the longrun it might be very hard
absolutely right, when indeed a bullish wave occurs and analysis according to the RSI matches, then maybe you can follow that wave,
but if the RSI doesn't match, then you have to be careful it might be a trap

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June 14, 2020, 12:19:05 AM
 #137

Aways study and make researches, the most important thing about all is the money will come outside of the crypto and blockchain world it will come from ordinary companies trying to store their data fast cheap and secure

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June 14, 2020, 09:20:05 AM
 #138

We can't always be certain in the market. so every time I take a step on doing a trade i go to twitter first if there are news on whales planning to make a move on the market. Because they can easily turn the market to their favor even if the market says the opposite. So even there are solid indicators that the market is bull but there's a chance of it going to the opposite direction.
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June 15, 2020, 05:25:25 AM
 #139

Yes, I think that it would be best not just to track every trading market or exchanges but to have a good patience for analyzing the crypto- market and knowledge of the cryptocurrency and its market so that you learn something good where you put your trust.

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June 15, 2020, 05:45:08 AM
 #140

We can't always be certain in the market. so every time I take a step on doing a trade i go to twitter first if there are news on whales planning to make a move on the market. Because they can easily turn the market to their favor even if the market says the opposite. So even there are solid indicators that the market is bull but there's a chance of it going to the opposite direction.

Learn to balance every actions that you'll going to take, just like what you have said if you are planning to invest
it's best to check every medium of information.
Knowing the sentiments of those big whales or big players also gives a hints where to position your trade, they've
got good influence to the market.
So whatever direction they are planning to take riding with them in a short while will allow you to gained the  benefits.
Just be careful and always have a backup plans..

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