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Author Topic: Do not follow every market wave  (Read 1472 times)
Ifemini (OP)
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June 22, 2020, 08:55:02 PM
 #161

The truth is that there would always be a wave that would spur one to buy or sell a coin. The success story comes when one is able to discern whether to go with the trend or not. In this space, whatever goes up will surely come down, so if you feel you've lost out on a trade, it's best to wait for the value to drop before making a purchase, Inorder to prevent one from making losses.


Do not get it twisted, a wave should not prompt you to enter to buy or sell any token.
When it comes to crypto currency investment, it means you have studied the token growth over a long while waiting for the right opportunity to enter the trade.
didzi
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June 22, 2020, 10:31:22 PM
 #162

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. 

yes, market will not always rise, so people must be ready if their predictions wrong
thats mean we should control our trades to reduce the risk

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June 22, 2020, 10:42:38 PM
 #163

How to identify the bulls entry or Bear entry its highly impossible until we become whales . But i have some strategy track the price of any coin it will reach some price point will settled in that price for week or more than week . Here we can find future event if any good news or any major event then surely bull run starts otherwise if any negative news bear starts . Its just my strategy not true always.
I feel that no matter how good your strategy is when you try to defeat the whales it will not be possible and it is difficult to predict the exact price movement of cryptocurrency because all movements depend on the interaction between buyers and sellers at the exchange.
Whales are always manipulating the price to create panic sell or instant pump. In my opinion if we can only follow what game has already created by so many pumpers.

it will not possible for us to change anything but it's possible for whale to change the climate of the market with their money.

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June 22, 2020, 11:24:05 PM
 #164

that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.
Your words are right, mostly newbies follow every market wave and want to make something quick profit. That happens because of they are just new here and don't have enough experience. When the market gets a pump, it is not a great time to invest in any coins. On the other hand, as you above mentioned it is the best time to make something when the market is stable.

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June 23, 2020, 06:05:17 AM
 #165

that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.
Your words are right, mostly newbies follow every market wave and want to make something quick profit. That happens because of they are just new here and don't have enough experience. When the market gets a pump, it is not a great time to invest in any coins. On the other hand, as you above mentioned it is the best time to make something when the market is stable.
they come too late, entering market when price already rise alot and risk become bigger than before. buying on peak price will make us easy to float in negative.  when market stable we must pick which coin will give us big profit when crypto market pumped or recovered. holding for long time will be very bored for us, but it will be worthed when our portofolio increase.
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June 23, 2020, 06:19:06 AM
 #166

yep, it's wrong to follow a wave of trade that suddenly rises without any news or impact on the price of the coin. I think it's just fomo people to trap in a trade wave like that, where people have been buying from the beginning and we are trapped to buy late and suddenly the price goes down again. so without being based on the development of the project, it could be that it is a whales trap or just fomo people who want to benefit themselves.

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