Post
Topic
Board Speculation (Altcoins)
Re: How to trade during red market?
by
MadeinCoin
on 27/06/2019, 13:46:03 UTC
There are suggestions to trade if looking for profits during this period. How and what to do to ensure maximum profits?
Or is it better to invest in top coins and play safe?

P.S.: Though honestly, I don't think anything is safe anyways.
Absolutely, there is no safe place to trade or invest in crypto. Even though you choose to hold, we don't know what will happen in the future.

In a declining market situation we have to be extra extra at work, in other words we must be able to do more careful research and also choose coins that will be traded.

When prices are negative, it is best to make investments for the future. In fact, before we start crypto trading, we start by accepting that risk, and accepting the risk should not cause such problems.

But now the market conditions have changed to a bullish trend from bearish yesterday. Yes, I know that before starting trading must accept all the consequences of the risks faced, but the OP asks for advice to minimize the higher risks.

Now BTC is undergoing a correction, I think it's better to wait at the closest support point, which is the area of $ 11800 to buy BTTC again. I do not recommend buying altcoins when the price of bitcoin is fluctuating like this.