Post
Topic
Board Trading Discussion
Re: What to do when the market is full of red
by
Pfizer
on 05/11/2017, 15:28:42 UTC
There is an old saying: "Master Emotions And You'll Master The Market" - I know that this is not easy to do, but unfortunately this is the only way to follow if you want to be a successful trader.
You need to understand that trading is finding a golden proportion between Fear and Greed - With altcoin/cryptocurrency trading it is even harder to find the best position.
Uncertainty creates emotional turbulence as there is no telling what future value of altcoin will be. And I will tell you this: the point of maximum financial opportunity is always linked to the lowest price.


Very well said honestly, but as human beings, we're not able to control our emotions all the time. Reddish market can affect our emotions very negatively and this causes us to open wrong positions on the market. Like buying expensive coins or selling with cheap prices.

Probably, the best is waiting until the market turns into green during dump and crash times.