palle11 (OP)
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March 10, 2022, 12:37:56 PM |
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How has your trading been lately with this Ukraine and Russia war. The market has not been stable since this war have started and yesterday bitcoin volatility was a little high and later dropped, now trading on a low at $39k. Of course trading is bull and bear, profit and loss So what is your experience so far during this war? I'm like wanting to know ....
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Oshosondy
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Gamble responsibly
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March 10, 2022, 12:53:53 PM |
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I set $40000 to be the resistance.
It got to $39800 day before yesterday in the night (GMT +1). I waited till the morning because I have opened several positions before to see me losing in the following day. It is good to be patient.
I woke up saw the market increased to $41100. It was first bull candle stick increase that I believe will be followed by the second bull as usual. The second bull market started but not significant. It Bitcoin price got to $42000 when I checked it.
I waited, the price got to $42500, it decrease back to $42200 and I short it. I wanted to take profit at $38000 but I have swing trading strategy, so I did not set take profit at all.
I saw the market at $38900 today and I closed position and I gained.
Waiting for $32000 to $35000 to open long position or 42000 to 45000 to open short position. Even anytime I am losing, I leave the market open until I gain, swing trading is the best.
You asked me a question few days ago, I also did it this way and I gained after losing over $30 before for like two days (but I have swing trading in mind and I did not close the position), but I was confident because the liquidation price was $89000, the price bitcoin have never gotten to before and I am using the amount of money I can afford to lose. I can open long position too, but the coin would have falled to around $35000.
But I am still thinking that their could still be more bear, I trade for bear more this time. It depends on the market, there will be days I will trade for bull, most especially when bitcoin reward is about to halve again.
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jackg
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March 10, 2022, 01:19:42 PM |
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The market just seems to reach target prices faster when volatility gets high.
For a few minutes yesterday, I had no idea where anything was going because a few of the moved were quite abnormal but aside from that it's just taking less risk in each trade since you can take more trades anyway.
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taufik123
Legendary
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Rollbit.com | #1 Solana Casino
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March 10, 2022, 02:09:54 PM |
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My trades are not affected despite the wars between Russia and Ukraine. I keep trading even though the market is not very good. Do some scalping for a little profit. The bitcoin volatility is indeed high and the price is unstable, this can be put to good use.
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maydna
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March 10, 2022, 02:19:57 PM |
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My trades still go up and down following current market conditions, but I mostly hold them and buy when the price drops. Maybe the profit isn't that much compared to day traders because, in my opinion, it's better to buy and hold it for a while and sell when the price goes up like a few hours ago.
Right now, the market is in a downturn, and this is a good time to buy and hold it again. Try not to panic, and you will see hope when the price increases.
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Etranger
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March 10, 2022, 02:25:19 PM |
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If we talk specifically about trading, it is unlikely that Russia's war against Ukraine will affect it in any way. In this activity, in my opinion, volatility is more important than price. You can do scalping and earn even on small fluctuations, even on a flat or bear market.
In my opinion, the war has a much greater impact on investment, especially in the medium term, because now the situation is very unclear to everyone. Both Ukraine and Russia own a significant share of the global cryptocurrency market. However, now is not the best period for them for new investments, and the old ones can be removed due to the need to monetize profits. There is an outflow of funds from the market, which slows down further growth.
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palle11 (OP)
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March 10, 2022, 03:25:40 PM |
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so I did not set take profit at all. You can use trailing stop or manually adjust your profit if you don't want to exit or take the full profit I saw the market at $38900 today and I closed position and I gained. Congratulations for your profit Waiting for $32000 to $35000 to open long position or 42000 to 45000 to open short position. Even anytime I am losing, I leave the market open until I gain, swing trading is the best. Risky venture. Don't be too confident because no trading strategy is the best I am using the amount of money I can afford to lose. Nice and always advised so that regret and tears don't fill the cup Hahah But I am still thinking that their could still be more bear, I trade for bear more this time. Don't always put your mind on one direction even as it looking that way. I think it is better to trade what is seen.
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jrrsparkles
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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March 10, 2022, 04:31:35 PM |
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How has your trading been lately with this Ukraine and Russia war. The market has not been stable since this war have started and yesterday bitcoin volatility was a little high and later dropped, now trading on a low at $39k. Of course trading is bull and bear, profit and loss So what is your experience so far during this war? I'm like wanting to know .... Good time for the day traders to make money but its merely a gamble so they take the risk and if lucky they can reap good profits. Also trading hasn't affected a lot due to the war, probably increased a bit because more people move towards cryptocurrencies for income and also they want to donate to the people in some way especially to the Ukraine people.
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Oshosondy
Legendary
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Gamble responsibly
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March 10, 2022, 05:23:48 PM |
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Don't always put your mind on one direction even as it looking that way. I think it is better to trade what is seen.
You are right but the confidence comes from the fact that the liquidation price is far, the last liquidation price I had was $89000 for short position, if I take bitcoin at $42000, I still think the price can not grow to that extent before the bears will be favored and price fall in the down direction. What I look more into this time is the liquidation price, aiming a price that bitcoin may not achieve, not only in bull direction but also on the bear direction. That is why I have love to go for 1x leverage.
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Flexystar
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March 10, 2022, 06:07:29 PM |
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I’m not really trading during the time of the crypto plus the war and economic situations is pretty out of the hand for an individual trader. The best way to survive is through buying in such dips and earning some extra profits when it’s being volatile everyday. So just swinging around but with pretty much caution. Moreover, I’m also trying to identify new coins to invest into as they are laying pretty low in value but had huge ATH in the earlier days. Even if bitcoin bounce back to this unimaginable ATH of last year we can be sure that other altcoins will follow. So it’s more or less little swing and more hodling.
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Johnyz
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March 10, 2022, 09:22:42 PM |
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In the past days I was able trade properly and make profit, the market has been pump and dump during this conflict between Russia and Ukraine, I can still see opportunity if the situation becomes worst. Trading are more profitable if the whole market are active, try to analyze first before doing your trades and see your winning trade.
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Vaculin
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March 10, 2022, 09:42:58 PM |
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In the past days I was able trade properly and make profit, the market has been pump and dump during this conflict between Russia and Ukraine, I can still see opportunity if the situation becomes worst. Trading are more profitable if the whole market are active, try to analyze first before doing your trades and see your winning trade.
This just proves that trading will always be profitable no matter how unstable the market is. But only for those skilled traders as they always know when to take advantage of every market's condition. As for me, i have gained fair share of profits these days and some sort of losses. But i believed once the market will be more stable, it will easy for us to trade and we can do good market analysis from all its technical indicators. Just always analyze the market first before deciding to trade.
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boyptc
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March 10, 2022, 10:48:50 PM |
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There's not of that much action on me.
I've been stable and good but for holding. I don't want to trade currently as this volatility is not favorable to me. What's easier is to hold and at this time, it's better to hold IMO.
Sometimes I sell if I have to but mostly hodl.
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DoublerHunter
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March 10, 2022, 11:16:17 PM |
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So what is your experience so far during this war?
I'm like wanting to know ....
^ I cannot give an actual explanation because I recently stopped trading for almost a month but as I saw in the market it seems there is a potential to gain profit as always because BTC is moving very volatile in the market. Trading is always good when there is a very volatile movement, but it is also very risky when you have a wrong decision it could be losing your fund. I rather hold during this war because when the war started BTC price was massively down and it could be it will increase after a month since every country talked about crypto on how to support Ukraine and could possible Russia will use crypto.
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Oceat
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March 10, 2022, 11:20:18 PM |
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There's not of that much action on me.
I've been stable and good but for holding. I don't want to trade currently as this volatility is not favorable to me. What's easier is to hold and at this time, it's better to hold IMO.
Sometimes I sell if I have to but mostly hodl.
Well, as for me I sometimes sell if I see a profit since I set the $40k as a resistance then I probably earned some profit when it hits at $42k and $38k or $39k for buying orders. But when the market is unstable I prefer to hodl more instead of trading like a gambling and wait for the right opportunity to come. This war doesn't do much about the market and I think it's kinda like a hype yet no one is buying it. Maybe those large institutional investors don't want to buy at this price level and they need some bear in order to buy cheap.
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3996
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Kelvinid
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win lambo...
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March 10, 2022, 11:48:38 PM |
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So what is your experience so far during this war?
Well, not really bad as the situation never influence the market badly. And besides, we are seeing now the market moving up and down which is good for day trading. Losses and profit still exist, can't hide it but at least I gain more than the amount I lose. But honestly, I was a little bit worried about the situation as the war started, however, I manage to keep the temptation of selling low and hold for a while until the price trend stabilize. I just to figure it out that holding seems very important in trading and we can really be losing if we lose our emotions.
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bussybuddy
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PredX - AI-Powered Prediction Market
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March 11, 2022, 01:04:40 AM |
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Of course trading is bull and bear, profit and loss I had been warned about conflict between Russia and Ukraine before, and before that, the market was not so good. In 2021, when there is a lot of growth and a period of great volatility like now. IMO, it is reasonable to limit trading. I am not a professional trader, simply Simply taking advantage of the times when the trends attract money into the market will make trading easier. I am not used to selling, so I only buy with the market when it has not yet exploded.
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Wexnident
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March 11, 2022, 02:07:04 AM |
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Nothing new really, pretty stable so far, today I reap profits, the next day I reap losses, and the cycle continues. DCA cycle still continues on so I'm still profiting even if a bit from the daily movements since I try to time my entries into small dips. The market hasn't really moved that much, well not enough to actually make me change the way I'm trading right now anw.
I still don't really feel the impact of the war on my trading, the market isn't really that heavily affected imo, it's just the usual movement of the market. Well at least, even if it did had one, it wasn't as big as most people expected it to be.
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GreatArkansas
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March 11, 2022, 02:17:20 AM |
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For me, what I observed during these days is not that so volatile where you can see a really lot of wicks on candles. I'm just being careful these days, I am making sure that I always set stop loss and price targets. With these kinds of volatility, I am in profits especially on shorting sometimes the market, waiting for good entries.
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michellee
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March 11, 2022, 03:30:55 AM |
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The profit comes, the loss comes. It is always like that. During the war, that happened to me as the market continued up and down. It is normal if you can get profit this day, but you lose some money in the next days. My trading is not too often during this time as I am aware of the market situations but still, I can buy some at a low price and sell them when they increase. I am trying to do fast action and not wait for the next high price, especially if the market moves not good and if that happens, I prefer to leave the market.
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