Quote from: Xampeuu on April 10, 2019, 02:18:34 AM

Quote from: coin-investor on April 10, 2019, 12:41:43 AM

Quote from: loicuagio1979 on March 26, 2019, 09:00:01 AM

The downtrend market is a very normal phenomenon in the overall market movement. But for investors, this is a very unfavorable time because it is difficult to buy & sell and take risks if trying to buy a certain crypto code. The downward market often drags most crypto down.
So what to do to survive and live well when the bearish market happens??? Here are some tips for you.

1. SHOULD NOT CATCH THE BOTTOM IF YOU ARE LACK OF KNOWLEDGE AND EXPERIENCE:
Normally, investors like to catch the bottom. Catching the bottom is a normal action, even helping investors buy cheap cryptos, but it is a huge risk. Therefore, if your knowledge and experience are not enough, it is the best not to see the price drop too cheap and buy it, because in fact you cannot know how much the price will drop.
The thing to do in this period is to jump outside and wait for the price to stop falling, start to create a solid price base or show signs of increasing to consider whether to buy or not.
In the three states of increase - decrease - sideways, the trend of rising prices always gives us the highest probability of buying cryptos.

2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
Our knowledge is very limited, no one can claim that we know everything in this market. Instead of watching the price board, charts, just find a book about investment, or crypto trading to learn more knowledge from previous people in order to upgrade your level to new heights.
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?

Point number one is quite hard to tell I always fall on this one, maybe I'm not doing my assignment because you never know after purchase if it is still going to go down further, even if the price stop falling for a week, there is still no guaranty that it will not fall again, it's still a gamble for me.

indeed it requires good knowledge and experience for point 1. but all this time I have done it by buying in stages according to the analysis that has been made, with the hope that if the price still falls again, I can buy again

Even if you're full of knowledge and experience, i don't think you should always try to catch the bottom. That would mean trying to get to a point you're not sure where at. Especially in a bear market. But these are good points. I may just add to have notifications for your target prices and try to stay away from the market from time to time.