boyptc
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January 15, 2021, 09:20:39 PM |
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Falls are so fast that you simply do not have time to react. Therefore, I try to look for coins with a particularly good level of liquidity.
Yeah. When you're too slow to get on it, you'll miss the selling opportunity. Although this usually happens for those coins that don't have much liquidity it also happens for those coins that have high liquidity. It is important to monitor your coins if they've been up to or down because if it's been down for a very long time and you're still hoping for it to catch up, you're just wasting time.
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DarkDays
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January 15, 2021, 09:35:19 PM |
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I think that many at the moment what they want is to sell what they have in Alts to buy Bitcoin, because the price can really go up much more, and nobody wants to miss the movement, they want to have Bitcoin because it is safer, besides that when Bitcoin rises the alts go down for that reason, it may be that in the correction some investors buy alts to diversify.
If they think Bitcoin is safer than I don't know, what ever they are holding why just seeing it, at this exciting time, and how much do they have in Alt, I think is not an example of much. Alts-coin like ETH has been hanging side by side in the exciting rise in crypto-currency, well I would be happy for them if they understand and their believe in Bitcoin is genuine, And not hopeful-Lambo dreams alone. Bitcoin is more like digital gold at the moment. It will keep the price. Now if you wana be more risky and try to earn x10 or more you will pick some altcoin that you think will do good. I agree BTC is not even gold, is better than gold. These past few months has witnessed lots of corporations and large investors alike investing millions into BTC, this already proves that gold is not even close to BTC. And while you may think that the BTC or that the entire market might be crashing, you must consider the a retrace is necessary for continued growth. I think this is exactly what is happening now. A small correction for a larger prize, if you're willing to risk it you stay in the market, if you don't you get out. Simple as that!
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MCobian
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January 15, 2021, 10:40:28 PM |
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Therefore I recommend trading using popular altcoins with high volume, so it is possible to sell the coins that we buy in any situation. If the altcoins we buy are popular, we can sell it when the market is crashing. Because there are always people buying popular altcoins. So we can sell these coins in large quantities, even in a market crash situation. My other advice is to always use the stop-loss feature to be able to sell the coins we buy before the market crash. Because we definitely make settings to sell coins after dropping a few percent according to the analysis of these coins.
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error08
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January 15, 2021, 10:45:06 PM |
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No one wants to stay on a sinking ship, People will sell altcoins when they have to, whether to take profit or stop-loss. For popular altcoins such as xrp, many people are willing to buy it, different story for less-known coins which becomes object manipulation pump and dump in a short time, it won't recover again, that's why people won't buy when it crashes .
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Joyawan13
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elysian.finance
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January 16, 2021, 05:01:28 PM |
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Falls are so fast that you simply do not have time to react. Therefore, I try to look for coins with a particularly good level of liquidity.
Yeah. When you're too slow to get on it, you'll miss the selling opportunity. Although this usually happens for those coins that don't have much liquidity it also happens for those coins that have high liquidity. It is important to monitor your coins if they've been up to or down because if it's been down for a very long time and you're still hoping for it to catch up, you're just wasting time. In day trading, of course, we don't need to hold altcoins for a long time, even if we buy altcoins when the market is moving fast, of course we have to be able to quickly make the decision to sell, of course, and don't think about being able to get big profits by waiting for the increase in coins when buying with high prices, because it is not impossible that you will risk being trapped in buying high prices, because prices can fall very quickly. and of course it will take a long time to wait for it to rise again with a higher price, and of course you will be wasting your time of course.
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yhiaali3
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January 18, 2021, 07:57:47 AM |
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This matter differs according to the coin you are trading on, of course when the coin is unknown and does not have a good project or a strong presence in the market, no one will want to buy it and large quantities of it will remain in your wallet without value, but there are some good coins that have a good rank in the market until If its value decreases, you will find someone who constantly buys it, as happened recently to the Ripple (XRP), its price collapsed significantly, but this did not affect the volume of buying and selling.
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ethereumhunter
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January 18, 2021, 09:18:46 AM |
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You can feel difficult to sell your coins when the price increase because you want to make a big profit. And when the price starts to go down, you think that the price will not go down and return to the high price. But the reality is the price is still going down, and you are late to sell your coin or cut loss the coin, and you get a big loss. I do not feel difficult to sell my coin because I am trying to sell when it reaches my target sell, so I do not feel it is difficult to do. You should have a target when you must sell your coin before the situations change.
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RondoAnyar
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January 18, 2021, 10:49:54 PM |
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When we sell altcoins on trading, we may sell in many separate orders. When there are large amount of the altcoin, it is really necessary to do so. Sometimes the price of an altcoin may plumb so rapidly and suddenly crash. Certainly we want to sell off the altcoin to gain profits before the crash.
But then I discover the difficulty that might be faced when selling large amount.
Did anybody lose because you could not sell off all the coins in time before the crash?
Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?
You will definitely get losses if you are late in selling at high prices, therefore in the trading world it is advisable to buy quickly and sell quickly. it is classical trading science that must be owned by many people. so I think now I have to do that to be used as an option for getting profit
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Yatsan
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January 18, 2021, 11:43:23 PM |
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Crash on trading is just a common scenario specially for the fact that we are working on a volatile market that price changes over times whether it will get into a pump or a dump. Now with regards to Altcoin trading, there are some good Altcoins worthy to be traded and good for keeps and there are some that are made just to crash because it duly came from a not so good project and the team developer have not been managing the goods of the coin after listing making the investors and holders suffer on the consequence of their actions. There is also such difficulty on deciding whether you will be selling or keep on holding for you are still believing that it will regain somehow after experiencing a crash.
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redsun114
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January 28, 2021, 02:42:37 AM |
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Did anybody lose because you could not sell off all the coins in time before the crash?
Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?
It’s something that has been happening. There are people who will buy a bag of altcoins and when the market starts falling no one would buy it from them, and they end up holding shit coins. Things like this happen when some P and D group pumps a token and some people will buy the token thinking that it is a normal growth, without knowing that some people are behind it, and after the group will dump their bags on those that are coming in late. It’s usually best to sell tokens like this at that moment they start going up and take the little profit you have. Moreover, it is always recommended not to invest into altcoins as bitcoin investment alone will be enough for everyone and still if you look for diversification then you may go for altcoin for less than 5% of your capital with highly established coins like eth then you never need to worry on pump and dump.
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Latviand
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January 28, 2021, 06:10:07 AM |
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Which exchange do you trade? It would be better if you use stop loss to prevent from huge crash.
Like an experienced trader usually do, they use stop loss so that they can minimize their losses during trading. I'm using Binance as my favorite exchange and I'm very comfortable on using it. I'm suggesting you to also try it because it also has safe wallet that help you store your coins. Try to search more about trading and once you learn about stop loss, try to apply it on your trading strategies so that you can see the essence of limiting your losses.
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goaldigger
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January 28, 2021, 07:09:14 AM |
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If you are planning to sell huge amount of cryptocurrency, expect that it will be hard to sell only if there's no demand on that crypto but if you are talking about the active coins/tokens like Bitcoin and Eth then I'm confident even if you sell in huge volume, you can sell it on the price that you want because there's an active buyers and sellers between the top coins.
The demand and supply will always depend to the market situation, don't rush to sell your holdings because someone might not just want to buy at your preferred price, you have to wait.
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so98nn
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January 28, 2021, 08:16:55 AM |
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Yes people always buy from you when the market is crashing and you are “selling” or dumping your alts. There are always two types of traders in the crypto space. One who is always investing and less focused on selling their portfolio. There is another type who fear the loosing of money and sell their coins as soon as market is on the verge of crashing.
So crash in the market is divine opportunity for many investors who are not panicked due to such acts really.
You can always have buyer at crash and seller at high peaks. That’s how market works.
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Joyawan13
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elysian.finance
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January 28, 2021, 06:20:03 PM |
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When we sell altcoins on trading, we may sell in many separate orders. When there are large amount of the altcoin, it is really necessary to do so. Sometimes the price of an altcoin may plumb so rapidly and suddenly crash. Certainly we want to sell off the altcoin to gain profits before the crash.
But then I discover the difficulty that might be faced when selling large amount.
Did anybody lose because you could not sell off all the coins in time before the crash?
Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?
That is what is often experienced by day traders, where someone makes a purchase when the price moves up, and as predicted by traders when the price moves, they want to raise the price at a higher price, they buy it in large quantities, of course they think the coins will went up at a very high price. But suddenly the price drops back quickly and the trader can't sell in large quantities, from all the purchases they made when they bought it, maybe they didn't make sell orders at different prices and they placed one order at the same price for one price. in large quantities, and in the end the price drops to a very low price, so of course it is difficult for these altcoins to immediately go up again at the time of purchase, because what usually happens is that altcoin price increases do not move normally but price movements are carried out by some large traders who want to get profit from the price manipulation they do. I think if the price drops very quickly, don't do a sell order, it would be nice to just sell it instantaneously, around us we don't experience very big losses, if we think we don't want to get trapped any further.
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TheUltraElite
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So anyway, I applied as a merit source :)
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January 30, 2021, 07:26:15 AM |
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When we sell altcoins on trading, we may sell in many separate orders. When there are large amount of the altcoin, it is really necessary to do so. Sometimes the price of an altcoin may plumb so rapidly and suddenly crash. Certainly we want to sell off the altcoin to gain profits before the crash. Use a stop loss. It is nothing new with the altcoin market. Since like you many other noobs had bought that shitcoin when it was in ICO stage or low priced and now yearns to sell those cesspool and exit, the dumps become huge when they start. The price that you might want will never be reached because of so much selling pressure. Did anybody lose because you could not sell off all the coins in time before the crash? I am sure many "altcoin lovers" in this forum have already a similar experince. That is why I never advice anyone to buy them. Buy only bitcoin when you have cash in hand and keep it for a long term holding pattern. Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc? Basic lack of faith in altcoins. Everyone know they are like penny stocks and not worth it. Every dump there is forseen as the final impending doom. Hence the sudden crashes. If you want to stay away from this, dont buy altcoins. If you are having coins in your wallet that have become stagnant, sell them at a loss and move on.
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monatana
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January 30, 2021, 08:05:35 AM |
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maybe you can sell it instantaneously or if you place a sell order your order is still far from selling and there is a decline first
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Distinctin
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January 30, 2021, 12:52:47 PM |
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Did anybody lose because you could not sell off all the coins in time before the crash?
Not exactly I was losing all the time because I'd never continue selling if there is no one left to buy my altcoins, I'd rather have to keep it instead. That only gives you more losses if you were able to catch the dip and sell your coins even you know that you are losing. The fact that you are believing that this coin will eventually grow after the crash, why not hold for a while? It sometimes happens that a trader can be a holder as well. Not often, but that is what I usually do when bearish had come.
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whyrqa
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January 30, 2021, 02:13:14 PM |
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This may not be a trading glitch, but nevertheless this week many traders lost about $ 300 million on Doge trading, amid a sharp jump of the coin by 220 percent, as a result of which exchanges liquidated the positions of leveraged users. Almost the same thing happened with bitcoin trading, where BTC grew by 15% in half an hour, and Binansa even temporarily suspended the withdrawals of cryptocurrencies. It's good that the situation has changed, because no one expected such a result.
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#business #forextrader #bitcoinnews #invest
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Kocret02
Sr. Member
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January 31, 2021, 03:28:02 PM |
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When we sell altcoins on trading, we may sell in many separate orders. When there are large amount of the altcoin, it is really necessary to do so. Sometimes the price of an altcoin may plumb so rapidly and suddenly crash. Certainly we want to sell off the altcoin to gain profits before the crash.
But then I discover the difficulty that might be faced when selling large amount.
Did anybody lose because you could not sell off all the coins in time before the crash?
Are people really willing to buy from you when the price of the altcoin plumbs so rapidly that people may see the risk of crash and that you fail to sell off your coins and finally have a large amount of stagnant coins in your acc?
I have experienced something like that, we failed to get a high price position because the trading volume was very low, and the price also increased too quickly. I was forced to sell at low prices and made no profit. it is natural in a trade and my advice is that we must be quick to get the price once the price has increased high.
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Mpamaegbu
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January 31, 2021, 07:09:44 PM |
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That's what the stop-loss function of exchanges are for: as so you can automatically dump your coins when it drops a certain percentage. It's pretty nifty function to use especially when you're going afk.
This isn't always the case across exchanges, especially exchanges where bot trading is allowed. On such exchanges you will have a buy order bypassed and the price level goes far below the pending buy, yet your buy order isn't triggered. The same way it's with sell order too. I don't want to mention exchanges that do that here yet so it doesn't sound like it's negative publicity. This is really appalling to say the least. So, if you have such a situation, there's a possibility that your order won't be picked and you will end up getting caught in the dump.
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