Post
Topic
Board Trading Discussion
Re: What will you do when the market goes down? This is my advice
by
novaprime
on 04/04/2019, 04:10:56 UTC
That not easy, to make profit in crypto market we should be understanding how the trend of market. There are only 2 trend on crypto market, that is bullish and bearish and we should be enter to the market when any sign bull market will start, just like now will be the best times to enter in to crypto market. Just doing long term trading we can earn 10x profit juat afew month in this price of crypto.
Yes it would have been the best time to buy now which many people actually did like I did to but we still had lots of people who crashed the price again, high percentage of holders panic sell when the bitcoin price rose to some extent while waiting for it to fall again to buy and because of this, we couldn’t see price clock $5000 which we ought to have seen if many of them had been patient.

Anyway, I expected this, the bear market was too long that many people couldn’t wait to see the bull run, the little bull run they saw today, amazed a lot of people who invested when price was $3k and saw it as an opportunity to take profit which was a wrong idea, but I do hope that they will reinvest again to push the price back up.
Stability is required for Bitcoin at this time. If the value of Bitcoin can be stable in the coming time, we will see more volatility and it will certainly trigger an uptrend in the market. It may be difficult to raise prices, but if everyone has the best optimism then it will only be a matter of time before things start so be patient and choose a good investment right now