Post
Topic
Board Speculation
Topic OP
What do you do in stagnant markets?
by
Lethn
on 28/12/2013, 18:27:53 UTC
I wanted to ask any professional traders or people with more experience what they do when markets stop moving and there isn't much activity going on. I realise this is a pretty noobish question but I'm teaching myself how to buy in a disciplined way because I've found I always keep making life harder for myself by panic buying into an altcoin. Do you think it's a good idea to just hang back and observe the prices rather than just rush in and wait for a sensible low price to pop up or is it sometimes worth the risk if you think there's going to be a surge of buyers coming in?

For me I've found that a price rise never usually happen fast and when I buy in at what I think is a new low it always drops further meaning I have to wait longer in order to make any money but I don't like the idea of a price spike suddenly happening and me not being there for the profit taking. Sad