Btc traders in trouble, but stocks looking strong, what are you doing?

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wolf_moonMember
Posts: 16 · Reputation: 95
#1Dec 5, 2019, 01:00 PM
I've been cashing out most of my altcoins into stablecoins since around the middle of this year to cut down my market risk. Honestly, that’s one of the smartest moves I made this year, especially with the way BTC has been crashing. A lot of altcoins are down at least 30%. The only thing I'm still in is my futures trades since most of my Sol and Eth positions got liquidated. But have you guys noticed that stocks have been performing really well despite BTC's downward trend? I'm in the green with my trades on $NVDA, $TSLA, and $GOOGL. No clue why, but it seems like stocks are getting a lot of attention right now... especially tokenized stocks. I'm gathering research and analyzing more pairs to trade using getagent ai. There's this guy on X who's dropping some solid stock calls with about 85% success rate. Plus, there’s no taker fee on the centralized exchange I use for these trades. Anyone else here trading tokenized stocks? What pairs are you keeping an eye on? Got any tips for us?
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nickprotoFull Member
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#2Dec 5, 2019, 05:45 PM
I find tokenised stocks are probably a bit too risky for me. I've opened up a small 1x short on Bitcoin with the profits I've made from the bull run (on a DeFi platform) not sure how it's going to do but it's making 8% interest while sat there so I'm just going to keep an eye on it (I'm not recommending this though, I just got curious - I'll probably reduce the position size at some point).
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ryan69Full Member
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#3Dec 5, 2019, 11:48 PM
But it's actually the same, just that tokenized stocks are 24/7 and more flexible.. op mentioned using getagent so I guess he's taking about Bitget, it's gaining attention due to multiple bonus offers available when trading, I know this cos ive used it and got some $BGB..btw, for your BTC trade, you can use HTF for analysis and see from a broader perspective.. how are you making 8% interests though?
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0xR4v3nSenior Member
Posts: 192 · Reputation: 1301
#4Dec 6, 2019, 01:01 AM
Same as always. Don't trade lol. I mean, this is why I always say, if everyone makes money in the bull and everyone bleeds in the bear, then traders aren't smart, they're just lucky/unlucky. DCA man, its the only move that makes you smile all the time.
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CyberFalconFull Member
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#5Dec 6, 2019, 05:17 AM
Why do you expect stocks to move with Bitcoin? Cryptocurrency is highly volatile, whereas stocks aren't. Stock just moves normally based on a lot of reasons. But the crypto moves its own way based on market sentiment. Bitcoin has the ability to grow 50% in a day, but stock won't grow this way. In the stock you are buying companies' shares, which means if the company grows well, your stock price will grow as well. But Bitcoin has a different strategy; it depends on market demand and circulation. It seems you are doing future trading, which means you aren't even buying any coins. Now even if the market goes up, you can't recover your funds; they're gone forever. If you buy coins and hold them, then they would recover at any time. The crypto market would dump for hacking an exchange, but for stocks, it's not going to happen like this. So don't compare stock and crypto about pump and dump.
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yield_moonFull Member
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#6Dec 6, 2019, 09:39 AM
Lucky you This is why investment made in alt and meme coin are extremely dangerous, they are more of gambling than investing or even trading so you are very lucky that you get out very early when the sun ☀️ was still up. My only advice to you is that if you are hell bent on gambling with these alt or meme coin, try to do it with as low as 2% of your discretionary income, that way you wouldn't be bothered if your gambling on any of these coin didn't go as planned, since it's an amount you can afford to lose. No, I don't do this shit, I only take a calculated risk, not an obvious risk.
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dave_satoshiSenior Member
Posts: 119 · Reputation: 874
#7Dec 6, 2019, 03:14 PM
Trading is a risky business and if you are in trading then you will earn and lose money. You need to be a smart trader to earn profit in both bull and bear market but that's not the case with DCA. If you follow DCA strategy for the long term then you are deemed to get good return. There are online tools available that can give you fair idea of how DCA benefits you in case you are willing to follow this strategy for long term. The longer you follow DCA, more will be your profit.
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bengweiSenior Member
Posts: 269 · Reputation: 1117
#8Dec 6, 2019, 07:25 PM
Not everyone can trade tokenized stocks and invest in crypto currency mostly BTC at same time, unless they are pro at understanding the market dynamics and have a solid portfolio that doesn't really on the returns from their investment in stocks and cryptocurrency. The current situation is what to always expect with a volatile and speculation driven market, because we see the fear rising when it comes to perceived bearishness of the crypto market and there's physical evidence of better stability in the stocks market. Bitcoin suffered liquidation in October and the air is still to clear on the current situation it holds, while the stock market specifically the S&P 500 and tech heavy indices as well as all your trades on $NVDA, $TSLA and $GOOGL made more profits. I can only advice to not buy into the FOMO of selling your Bitcoin holdings because of the thought that the market will crash or be in a deep bearish season because, it may just be a start to a great entry. Keep a DCA strategy  of investment alive and apply risk and financial management in total, so as not to be a victim of the market movement.
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Posts: 31 · Reputation: 132
#9Dec 6, 2019, 08:03 PM
I plan to just keep holding and buying both. This price action might be short term but maybe its not?? I'm also holding some gold in reserve ready to double down later in case one or both endure more sustained crashes. I feel safe and expect high returns with this contrarian approach.
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w1z4rd100Senior Member
Posts: 302 · Reputation: 1279
#10Dec 6, 2019, 11:15 PM
I think there's still a correlation between stocks and the cryptocurrency market, when Bitcoin recently dumped to $100,000. The whole stock market also lost billions in market cap, especially the SPX. So for me, there's a small correlation, but the most volatile is still the cryptocurrency; the percentage of pump and dump recently is huge in the cryptocurrency market compared to the stock market.
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hodler_b34rFull Member
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#11Dec 7, 2019, 12:24 AM
There are data and charts for this. Bitcoin and the US. equities correlation. It's a chart from mid of 2010 till now and generally there is positive correlation between Bitcoin and S&P500 in past years. If you see the ROI chart, you can see that when Bitcoin is bullish, its ROI is considerable better than S&P 500. This makes Bitcoin as a best investment asset for many people who are ready to move beyond traditional assets and take risk with Bitcoin. https://casebitcoin.com/charts#roi_chart
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GigaAtlasFull Member
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#12Dec 7, 2019, 03:44 AM
Timing really does make all the difference. I’ve had the same experience, and joining the current phase 16 of the Trading Club Championship has helped me turn that around. It’s a great setup for testing strategies in real time and seeing how tools like GetAgent actually improve decision-making. Having clear entry points and tracking performance through live conditions makes a big difference compared to just watching charts. It’s more about learning consistence than chasing quick wins, and that’s what really builds confidence.
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viper_blockSenior Member
Posts: 205 · Reputation: 1216
#13Dec 7, 2019, 07:35 AM
I am still in Bitcoin because this is what I know. I don't have a problem with the market and continue my accumulation while waiting for the market to return to normal. Maybe traders bleeding because of the market down but this will be temporary and sooner or later, the market will move higher. If you can't move in trading and see stocks bullish, you can move to that. But I still stay in Bitcoin because I am comfortable here. I still search for the pair, whether it is a Bitcoin pair stablecoins/altcoin or altcoin pair stablecoins. There is something that I can still do related to the current situation so I just want to find it and trade. But if I can not get something, I will just focus on my accumulation.
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sigma365Member
Posts: 1 · Reputation: 52
#14Dec 7, 2019, 01:20 PM
Well done for moving your alts to stablecoins in July. I did the same, and now I can sleep soundly while everyone else is panicking. On the one hand, it's great that stocks are doing well: NVDA, TSLA, and GOOGL are all up, and it's no coincidence—all the hype is about AI and lower rates. Tokenized versions are really convenient: you can trade 24/7, there are zero commissions, and fractional shares. I'm looking at NVDAX, TSLAX, GOOGLX, and SPY in tokenized versions, and they're doing well. But there's a downside: if Bitcoin rebounds sharply, stocks could also fall, as they're still tied to crypto. Plus, regulators could tighten things up at any moment.
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node_2020Full Member
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#15Dec 7, 2019, 06:57 PM
The BTC market doesn't correlate with the stock market; that's why you see that Bitcoin is doing quite a different thing from what the stock market is currently doing. Before you invest in Bitcoin, you get to know or understand some certain things regarding Bitcoin, the long-term investment approach, and the fundamental and technical analysis aspects of Bitcoin so you know why Bitcoin does what it's doing at every given time.
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boss_wizardSenior Member
Posts: 270 · Reputation: 1192
#16Dec 8, 2019, 08:01 PM
From the recent chart, both are bleeding. Since bitcoin is pretty undervalued right now my bet is on bitcoin for this last quarter of the year. I've recently learned that tokenized stock exist. Needless to say I'm not interested. Bitcoin is far more attractive for me for long term holding. Tokenized stock seems more suited for perpetual market, basically not for me.
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