This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all
I don't think that was the best option for now since the market is declining badly. Maybe in those days that Bitcoin is still at the $30k level and major altcoins aren't dumping hard but for now, it never saves you, it only gives you heavy losses if ever you push to sell. What we need for now is to hold, we can still be hopeful with the market knowing that someday we could see changes in its momentum. We can't be like before when our emotions dictate us. 
Topic: A season for stop loss - page 3. (Read 772 times)
Stop loss is just necessary if you are doing leverage-trading to avoid huge losses or being liquidated. Having a stop-loss will ease your mind when you can't monitor your leveraged-trade. But if you trade on spot, there is no reason to sell at a loss unless you are experienced in trading and see the market will dip more so you sell your coins that time to buy more amount when its price goes lower. Hodling in this current season is the best choice for me if you aren't good at trading,
Stop loss is a must every time to avoid huge losses, but some people don't put such thing especially if they have a huge amount of USDT and only using 3-5x leverage. However, it is different for those who are using 25-50x leverage and not using stop loss, I mean that's gonna give you a mini heart attack and so much frustration whenever you got liquidated.
I always use stop loss especially when I'm about to leave my trade and do something else.
I always use stop loss especially when I'm about to leave my trade and do something else.
I think it's normal for every trader to use stop loss in every trade because you can't always be right and also the market can decide to play around and hit your stop or change direction totally. So it's a must to use stop loss. Anyone not using stop loss is merely gambling.
When it comes to trading, being right is the most difficult task there is. It's just another part of impossible as an accurate prediction of the market means your never going to lose and loosing is a part of trading either we like it or not. No matter how professional you might claim to be, your surely going to meet some loses in your trades.This is where the Stop Lose comes to play and define the point where it says, I can't bare it no more. Stop loses are no foe but a helper and should be used by most traders to minimise lose. No Stop Lose and a trading analysis goes wrong, your bound to hurt on a trade in ways you never thought of just because of neglect.
I think it's normal for every trader to use stop loss in every trade because you can't always be right and also the market can decide to play around and hit your stop or change direction totally. So it's a must to use stop loss. Anyone not using stop loss is merely gambling.
For those trader that can't keep up with the current market dump situation it's preferable they apply the stop loss. Cause at this moment not everyone can withstand the financial fall even though the may tend to take a bull direction to equate the situation cause it's not gonna be like this for too long but, the big question is "when could that time be"?
On the other hand, it's at this market period that you will know who the real traders are cause under this market dump there are those that are still pulling out some bucks while others are lamenting.
On the other hand, it's at this market period that you will know who the real traders are cause under this market dump there are those that are still pulling out some bucks while others are lamenting.
some traders do not like the use of stop loss. they are oriented toward trading or a long-term investment. when they buy, they immediately sell within a specific target price. when the dump happens, we have to be calm, and not worry because everything will come back again. but in the selection of certain assets. this will change the plan from trading to long-term investment.
however, stopping losses helps traders to avoid bigger losses. once the asset is safe, we can buy back the asset at a lower price in the hope that the pump will return the capital.
To be honest, the current situation requires a good analysis to keep our assets at a stable value. The mind can panic when market conditions are chaotic.
The long term people may not like it, but also very short term ones do not like it neither. Like for example if your aim is a quick 5 minute trade, buy and sell right away hoping you would make a profit, which usually deals with leverage trading since only then you could make a good profit, but if you do 50 of these a day on spot then you could still make a profit, then you may not like stop loss neither.however, stopping losses helps traders to avoid bigger losses. once the asset is safe, we can buy back the asset at a lower price in the hope that the pump will return the capital.
To be honest, the current situation requires a good analysis to keep our assets at a stable value. The mind can panic when market conditions are chaotic.
This is why stop loss is for people who would like to hold between 24+ hours to 6 months, anyone who wants to hold between those periods could use it, aside from that there will be absolutely nobody that could make you that kind of profit.
Stop loss on last 2017-2018 bull run peak? Where it is around $20,000?
For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.
For smart investors, what is happening today is just something not to fear of or alarming. But for those who bought coins at their high value, they must be losing right now if they start panic selling, but if they still wait for a reasonable price to sell, then losing is not visible. However, stop loss will only be useful if you want to control the losses, but if you just hold your coins until the market stabilize, then stop loss is not applicable.For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.
Stop loss on last 2017-2018 bull run peak? Where it is around $20,000?
For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.
For smart investors, what is happening today is just something not to fear of or alarming. But for those who bought coins at their high value, they must be losing right now if they start panic selling, but if they still wait for a reasonable price to sell, then losing is not visible. However, stop loss will only be useful if you want to control the losses, but if you just hold your coins until the market stabilize, then stop loss is not applicable. For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.
Now is a really good time for this tool. At least, often this is what saves the trader from losses and allows you to change the strategy in time.
But certainly all the stop loss targets would be hit and the market controllers would use it and grab more liquidity.
Maybe a better idea would be not to leave your screen or better stop trading till the market stablizes.
I have always been a fan of stop loss. But in three occasions that the market reversed immediately after hiting my stop loss made me believe convincingly that there's someome behind the scene who sees the point I kept my stop loss.
Even if my claim is very weird, I have decided to believe it in order to have a piece of mind.
This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all
Yes if you are on short term trade. But can very well buy and place a trade on a long term investment without a stop loss. There will certainly be a pump after a correction. And since the last ATH was in last year, there will be a delay for another ATH and this is how the market is manipulated by the big hands whom we say the Whales. Yes, they are manipulating the market now and yes they are making use of the panic sales. When the panic sales reduce, the market will start moving upward.
Now is a really good time for this tool. At least, often this is what saves the trader from losses and allows you to change the strategy in time.
Definitely interesting period to bag more. This is golden period for every type of person, whether they are long time holder or whether they are day trader or even short time investors. Everyone got the chance. Market is so cheap right now, we could buy fro long terms or move with the market for a short period to bag our profits.
Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.
Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.
Old-time traders and investors must already know that cryptocurrencies move this way and its part of the cycle. Instead of crying over their trading losses, it's the best time to fill our bags with potential coins. Yes, we shouldn't miss this chance and buy when the market fully recovered. Sometimes, our fear keeps us away from a profitable future.
I am not selling anything right now. It's too late.
when you're already losing money and maybe you're late making a sale when the downturn has just occurred. then hold is the best choice. Just believe it, the upcoming bull in the future will bring you in better shape.although we don't know how long this situation will last. if there is the capital, we can buy back the asset at a cheaper price for the long term.
many are selling at a loss because of panic with the state of the market. Asset values that continue to decline certainly put pressure on investors.
There are so many business ideas in the crypto world, most of which do not require even a capital, maybe like 100 bucks at most which everyone can earn even here. So all in all, you just need to occupy your mind somehow and make a profit like that.
When a big storm occurs, we must be brave to cut loss, switch to stable coins and wait for the right time to buy, many speculations say that the negative trend is not over, if we do not immediately do the cut loss action then the hold for the long run is the option better.
Definitely interesting period to bag more. This is golden period for every type of person, whether they are long time holder or whether they are day trader or even short time investors. Everyone got the chance. Market is so cheap right now, we could buy fro long terms or move with the market for short period of time to bag our profits.
Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.
Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.
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In this bear market, it may be best not to trade and leave the market for a while. Whether it's the bitcoin market or the altcoin market, the price is bound to run wild and you can get caught up in price volatility and we won't be able to do anything but wait. Stop-losses are used before the market price plunges too deep but if the stop-loss is used at this time, it won't be of much help because the price has fallen deeply. So the use of stop-loss must pay attention to the market conditions before the price drops drastically.
Cut losses arent needed from time to time specially if you do go for long term on which you could simply hold your assets until recovery would happen and this is where others been doing.For stop losses it would really be just relevant if you do go short term trades or playing with the price movement where you do set some sl's basing into your position or on how much you could able to accept those loses.
In future or even on leverage these things would really be much needed or relevant thats why its up to someone on when and how they would really be using it basing
on what kind of trading they've been using on.
As always a particular strategy or tool is only useful when used on the right context, after all while it would be a mistake to use a stop loss for the investor which wants to hold their coins for the long term, it would also be a mistake for to hold our coins for the long term when what we are buying are volatile altcoins, so regardless of whether we like to invest or to trade we need to use the appropriate tool, otherwise the chances of losing a huge amount of money increase significantly. In future or even on leverage these things would really be much needed or relevant thats why its up to someone on when and how they would really be using it basing
on what kind of trading they've been using on.
This is the best time to pick your stop loss and make it an essential part of your trade.
If you just bought the coins yesterday, considering stop-loss may be okay. But if you consider stop-loss for the coins that you bought in 2021, I think it is too late. Now, we have no choice, we must hold the coins until the next bullrun because selling now means you stop expecting to get back your funds. Now is the bearish period, it isn't the right time to sell.The market keeps falling and investors and traders alike keeps crying.
This market fall is already predicted, so experienced or professional investors/traders mustn't feel sad or cry. Investors/traders who know well crypto market cycle have prepared everything before this bearish happens. Only beginners or newbies who feel panic and even cry because they are surprised with this fall.It is better to risk a small fraction of your assets than losing it all
Losing all? If you hold or invest in top coins or BTC, you won't lose all your funds.
You only experience a decrease in your coins' value. But it will be over once the next bullrun is coming.
In general, this tool is quite useful for work. Moreover, I don’t think that it is seasonal - rather, you just need to use it on time.
There’s no such season for this since this is necessary every time you trade so you can save some money from losing it. Trading is very tricky, it requires a lot of work and perfect timing with a good plan and strategy, many forget on setting up their cut loss price and the result is negative for them. On this bear market, traders should be more wise since the bottom is yet to be seen and having no cut loss level might trapped you on a higher price.In future or even on leverage these things would really be much needed or relevant thats why its up to someone on when and how they would really be using it basing
on what kind of trading they've been using on.
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