[module0000]

It's not easier to sell, it's easier for the price to move down..since as you said, the market is full of shares for sale.

You don't buy into the sell off unless you have an incredibly high pain threshold with your equity(ie you are an institution or a market maker, and chances are, you aren't if you are reading this)

[mathgenius]

> buy into the sell off

I've been doing this with crypto lately.. Man it is brutal. But I'm not leveraged, so my only pain threshold is "can i sleep at night?"

I'm such a contrarian, i f*ing hate going with the herd. So what can i do?

[module0000]

As a great trader(John Grady) once said, the trick is to run with the herd....and to stop right before they head off the cliff.

But in all seriousness, going with the herd is the low-risk move. Depending on your trading platform for the cryptocurrencies you are trading, you might have access to cumulative delta information. That's the best way I know of to accurately gauge what the "herd" is doing. Once you see the price is reacting to match the delta(ie, if delta shows buying, and you wait until the price begins to react upwards), this is the moment to join the herd with low risk. The price reacting upwards means that sell-side liquidity has either been consumed, or has been pulled in response to the buying. These are when you can expect those quick bursts up in price, and that closes your scalp trade for a quick profit with minimal risk.