Quote from: loopes on April 22, 2019, 05:21:13 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?

I think newbies should know about the first tips that you wrote. It's almost impossible to predict bitcoin price, even stocks market players also avoid to buy stocks which the price is going down. It's bitcoin, even the risk of this investment is bigger so actually the right time to buy is in the bull market and the next step is try to find correct time to sell it again. The second tips is little but hard to do, I meant is although we already read all articles, news and etc in order to get more information but there is also a big factors that influence bitcoin price which we called whales. We don't know what is their plan.

We will never know the plan of the whales because they have different strategy than us and they can do whatever they want because they have a group of whales so what they decide is what is going to happen. Whales are so powerful and we should not rely on news because it might be a trick of the whales to manipulate the market since they can create fake news and spread it out. The best thing you can do is to learn how to read charts to have a more realistic prediction about the market.