Re: Altcoins are all down, so how do traders make their earnings?

Altcoin market is damn down . Almost coins are down so its buying time and sell them for a quick profit cause after every day touching lowest they go up for sure . So i think atm traders making quick profits .

Dont BUY any coin untill August 1 wait for the good time to buy All devs and Whales are watching Market only not trading anything ..
only the BIG Whales playing with bitcoin

It is at this times where trading is the most profitable, for long term holders this is a time to hold but for those that are good at trading this is a golden opportunity to make a lot of money in a relatively short time span since this is exactly the scenario they like, a market with a lot of movement.

Evem for short term traders, its actually a good time to trade. It doesn't mean that because altcoins are down that thwre won't be any movements in the market. Fluctuations are going to be there for experienced traders to take advantage of. They can buy coins at a lower price than usual. Though that.would be past us for now as things are becoming a bit lively again.

All movements does really matter and as a trader we would really see this as an opportunity for us to buy cheaper coins which we would know that later on it would rise up its price and then we can able to generate profits on such movements. Any moments on where price do move as a trader we should really know on when to jump in and when to jump out and securing profits.