Post
Topic
Board Economics
Re: Still Trading When Red?
by
reynilynedago
on 09/05/2018, 03:40:18 UTC


It is said that we can make money in trading when the market is up as well as when the market is down. Right now, the cryptocurrency market is experiencing a big bloodbath (though there might have been bigger ones before) where some are estimating that we lost around 40% of the market value so far. Though I personally believe that this is just temporary and very historical (it happened in the past on the same period), it is still sad to see what we have already gained just wipe out in some hours and days. This is just the way with cryptocurrency market...

Under this dire situation, are you still trading or you are pausing for a while just waiting for the right timing when to buy coins and tokens again?


indeed still trading even the market is red because i know that i can make money even the market is red by buying at the dumps and waiting for a small pump for at least 10% and then i am selling them so i can get a quick profit and i am just doing this all the time when the market is red and it seems that it is a good strategy.