Investing
Haven
No Result
View All Result
Wednesday, May 31, 2023
  • Login
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
stock market tips >>
Investing
Haven
  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
No Result
View All Result
InvestingHaven
No Result
View All Result

Cryptocurrencies: a Sea Of Red or a World of Opportunities

by Taki Tsaklanos
January 22, 2018
in Super Growth
0
cryptocurrencies
1.9k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrencies are falling, very hard. What’s interesting is that many investors were seduced to buy after prices went up 10-fold. Now that most crypto prices have retraced 50 to 70 percent they are seduced to sell.

Buy low, sell high,right? Simple fact?

Not that simple, apparently, at least not to apply consistently. Because it ‘felt’ so easy to buy as all crypto prices were in green.

Of course, that’s how the mind of people work. It ‘feels’ natural to follow the herd: if everything is green, everyone is buying so I have to buy as well.

The reality is that smart investors do the opposite. It may ‘feel’ hard to do so. Let’s face it: if you had cash on the sidelines would you become very happy and buy as there is a sea of red in crypto world?

We do.

In our blockchain investing research service we educate people, and give them insights on what they should and should not consider doing as prices go up but also when prices go down. After all, we became very cautious on December 31st when literally everyone was super excited. Interestingly, most were not willing to listen.

And THAT is the key to successful investing: the contrarian trade is mostly the successful trade.

Last week, we sent a long alert to our paid subscribers, in which we gave them guidance on how to manage their presumably bad feeling of falling crypto prices.

If you feel very bad it means you did something wrong. And you MUST rationalize this situation. It is essentially very simple, only one of the following things have occurred:

  • Problem: You bought too high. => Resolution: You have to wait longer until you are in green again.
  • Problem: You do not have cash to buy at today’s discounted price. => Resolution: Next time, you keep some cash at the sidelines.
  • Problem: You get scared from those doomsday articles on the internet. => Resolution: stop reading, and ask yourself what you have to buy (hint: cryptocurrencies that provide real value as we have said repeatedly).

It essentially is as simple as this.

For now, we can say there is no reason to panic, at all. As long as the crypto top 8 index remains above the ascending trendline, above 5500 points, it remains in a strong bull market. Why sell, no reason, is there? Well, maybe there is, your emotion. That’s the key to success. Get many more insights and tips in our blockchain investing research service.

cryptocurrencies

Receive our weekly newsletter.

*We hate spam as you do.

premium service trade alerts   premium service trade alerts   premium service crypto teaser  
WARNING: InvestingHaven.com, our site, is not affiliated and has no connection whatsoever with Invest Haven Group on Invest-Haven.com or Investing-Haven.com. InvestingHaven.com did not have and will never have sales reps. Do not accept financial offers, certainly not by telephone, this is why >>
Taki Tsaklanos

Taki Tsaklanos

Taki has +15 years of experience in global markets. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. Twitter: twitter.com/investinghaven

Latest

nasdaq

Enjoy The Party But Watch Out June Won’t Come With A ‘Happy End’

May 28, 2023
breakout icon

The Most Important Chart Of 2023 (updated)

May 28, 2023
market sentiment

Value Stocks Lagging, Growth Stocks Leading? Wrong, 5 Stocks Leading.

May 28, 2023
xrp bull market forecast

XRP: The Most Beautiful Long Term Crypto Chart Of 2023

May 28, 2023

Connect with InvestingHaven

Receive top notch forecasts for free.

*We hate spam as you do.

Categories

  • 2023 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto

Site Navigation

  • RSS Feed
  • About us
  • Mission 2026
  • Sitemap
  • Privacy & Disclaimer
  • Terms of Service
  • InvestingHaven vs. Invest-Haven
  • Contact Us
Investing
Haven

Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Many investing tips and crypto market analysis.

Copyright © 2023 InvestingHaven

No Result
View All Result
  • Premium Investing Service
  • Premium Trading Service
  • Premium Crypto Service
  • 2023 Forecasts
  • Stock markets
  • Commodities
  • Lithium
  • Silver
  • Crypto
  • Login & MyAccount

Copyright © 2023 InvestingHaven

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    InvestingHaven.com honours your privacy. Read our Privacy Policy