Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on September 20, 2019, 05:37:26 PM
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When the green market happens, people thinks of how to immediately buy coins so as not to lose the moment when a price increase and when conditions turn out to be a bad market, people immediately to worry and sell the coins they have. So, how do you act so that those two things don't happen (panic) when buying or selling?
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As a a matter of facts, not everyone has the courage to bear during the crypto prices fluctuations, as a result people start selling, and buying when they see a green market movement. This condition is basically a normal senerio because individuals differs, and can also react differently to situations.
Now, one thing of note in crypto ecosystem is that prices will be certainly unstable and having that in mind, we can only learn to be courageous in the bear time knowning that bear run can not last foreever. It is always ups and down prices movement. There is no need to panic sell or buy, if we patience to some extent, we will alway recover our losses. Thanks
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We know that the basic principle is "to buy at low prices and to sell at higher prices". Based on this principle, people should buy when the market is in red and think to sell once it is in green. Crypto investors must know that red market won't last forever, there will be a green day in the future. So, they should be not panic and following FOMO without deep analysis.
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you are referring to panic traders, some traders are eager to make profits and they can't calm themselves when they see the green light for profit. eventually some trader succeed while some don't. but some of the traders adopt forex methods in trading cryptos.
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if for me to see changes in prices increase, for me it is also a good time to trade, so for me also the right way to increase many of its profits, because the development of market prices is also increasing
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As a holder, I have altcoin which is still good to sell now, it all depends on our needs, when seeing prices go down maybe not everyone sells because they do daily trading with the methods they have, some traders have the concept of buying at low prices.
A high volume of coins that we have will make us panic, so no need to worry when we hold coins like BTC because the price is very fast to change and take the best moment to sell.
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In the beginning, everyone would have such a problem, I also came across this and after some time realized that it is unnecessary to panic at these moments, just when the market falls, you need to buy various cryptocurrencies that interest you at a cheap price, and when the market starts to grow, then already decide whether to sell you your cryptocurrencies or keep hold.
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We know that the basic principle is "to buy at low prices and to sell at higher prices". Based on this principle, people should buy when the market is in red and think to sell once it is in green. Crypto investors must know that red market won't last forever, there will be a green day in the future. So, they should be not panic and following FOMO without deep analysis.
But only a few analysts say that and I'm sure there are still many people who panic when seeing the condition of the crypto market. I always read news about the potential of crypto in the future and I believe it will be better than last year. but there are still many people who don't understand and are only affected by short price changes without analyzing.
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In the beginning, everyone would have such a problem, I also came across this and after some time realized that it is unnecessary to panic at these moments, just when the market falls, you need to buy various cryptocurrencies that interest you at a cheap price, and when the market starts to grow, then already decide whether to sell you your cryptocurrencies or keep hold.
it works if you have many assets in crypto. but does it happen if you only have a few assets. like you only have Bitcoin and Ethereum. both of them experienced insignificant increases and there were other altcoins such as ripple, stellar and eos which had more percentage of price increases. Are you just waiting for the price to return to normal so that you don't panic to buy? Given the market conditions are easily manipulated.
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I guess you just have to become a better trader. Increase skills in TA and FA, create a trading plan then stick to it, and also remove yourself of emotions when trading. These things are hard to do and are not guarantees that you'll win all the time but following those guidelines lessens the risk of losing bad.
If you don't plan on becoming a trader, then try to become a better buyer at least. That means spending time reading WP's and assessing whether a particular project is really needed.
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If you don't plan on becoming a trader, then try to become a better buyer at least.
Yes, it is a must. Buy at the right time and trade with a wise decision. We cannot avoid being a trader since it is one of the keys to gain profits or losses.
That means spending time reading WP's and assessing whether a particular project is really needed.
Especially for new coins/tokens, reading WP carefully should be needed to determine the possibility of their future. If they seem to be not worth to hold, then never think to buy.
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for me a good choice for trading if you see altcoin market price growth increase, for me it is also better to benefit from the development of rising market prices.
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It takes some work but you have to stay ahead of the game if you don't to end up panic buying or panic selling. Monitor rumors and check if there are volume build up on exchanges. Or you can just stay away from trading and just slowly accumulate when prices are within your buying range.
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if for me to see market prices decline, it is better I will survive in the coming months by waiting for changes in market prices to rise, so I'm sure I will also get a good profit in the future
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if for me to see market prices decline, it is better I will survive in the coming months by waiting for changes in market prices to rise,
Yes, the potential profits will be always there as long as the coins are still alive on exchanges. But when it will be, I mean when the time to get profits, it is what many people think of. And finally, because of no certainty, most investors get tired and decide to quit. Remember that the crypto market is not like the previous one, it has changed.
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I will say its better we do trading instead of directly buying. I personally feel both are quite similar things but a major difference is that when you trade you have complete comfort and control.
However, if you are doing it via direct purchase, you kind of get stuck in many situations. So this is where it’s my personal preference to go for Crypto Trading (https://cryptolinks.com/crypto-margin-trading) rather than buying. I am sure others could have different opinion about this but that’s okay.
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i wont be surprise to see those people with panic mode with market turns in a bad way. We as traders think that when seeing green numbers after a bloodbath think that the green will continue to be seen in the coming days that's why most traders go and buy some coins.
The green numbers after the bloodbath is a good opportunity to buy and wait few days because it's a good indicator that the market is beginning to recover and price will continue to up for a few days.
A red numbers mostly feels uncomfortable to buy because the possibility of the market to linger for a few days is undeniable, and might lead to loss further with your investment.
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i wont be surprise to see those people with panic mode with market turns in a bad way. We as traders think that when seeing green numbers after a bloodbath think that the green will continue to be seen in the coming days that's why most traders go and buy some coins.
The green numbers after the bloodbath is a good opportunity to buy and wait few days because it's a good indicator that the market is beginning to recover and price will continue to up for a few days.
A red numbers mostly feels uncomfortable to buy because the possibility of the market to linger for a few days is undeniable, and might lead to loss further with your investment.
But, have you ever been stuck in a situation of fake price increases? I also experienced it when I saw the green market without knowing in advance why it happened quickly. traders will use the moment to buy coins without knowing the reason for the price increase due to "panic" and vice versa when they sell. So, choosing coins without being influenced by market conditions is the most important thing right now?