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Topic: Are you making money in this bear market? - page 23. (Read 39880 times)

sr. member
Activity: 1036
Merit: 332
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October 18, 2018, 12:30:11 PM
#86
Personally I've profited from a few mini bull runs during this time, including the XRP, BNB and TRON runs that we've had over the last few weeks. Overall, I still think I'm down on my investments since the overall market trend is down and the majority of my money is in Bitcoin.
hero member
Activity: 1302
Merit: 503
October 18, 2018, 07:14:11 AM
#85
I have already cut down a lot of my trading activities on the crypto-currencies trading market since the bearish market started, and I believe there would be more traders who lost money rather than earning profits when they are executing trades in a bearish market as the overall trading volumes are usually much lower, it would make it much more harder for traders to gain profits from small trades on the trading market.
- Indeed, most traders are facing huge losses in this market, the trading volume is too small and the atmosphere of the market is very bleak, combined with the control and dumping of the whales, all have brought a bad result to the trader. I even stopped trading activities for a long time when my account was bloody and needed more time to recover, some traders told me that this market is a good opportunity to trading day but they do not realize the danger is always there, this is a very unusual year, all our speculations are useless
sr. member
Activity: 700
Merit: 250
October 18, 2018, 07:02:41 AM
#84
It is very tough now to make money! Sometimes I made a good profit but sometimes I lose. Actually, I was trading on Idex and in Idex making a profit is an easy matter and losing everything is also easy! So, I stopped trading there and yesterday I made some profit from the ARN token in Binance. So, You can still make money at this bear market, but You need to ready for the loss too!
Investors are feeling depressed about this market because of the very low investment demand and the continuing decline in altcoin prices, which is disappointing for the market. I think to make money on the bear market you need to have a great knowledge to be able to do that
sr. member
Activity: 602
Merit: 259
October 18, 2018, 06:52:02 AM
#83
Believe me, one should never fear about the bear market. It is just the ups and down in terms of its market cap and it should not matter to you if you are skilled in different types of trading techniques. For example, if you know what margin trading is and what day trading is then you dont need to worry about the prices of coins, there time period etc because when you make trade then you make it within specific time period when the bear and bulls doesnt matter at all. Because in that specific time period any coin will go up and down by few % leaving behind some % profit for you. I guess a day trade which last from few minutes to 24 hours should not get affected with the bear or bull trends.  Tongue
staff
Activity: 3220
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October 18, 2018, 06:47:48 AM
#82
I have already cut down a lot of my trading activities on the crypto-currencies trading market since the bearish market started, and I believe there would be more traders who lost money rather than earning profits when they are executing trades in a bearish market as the overall trading volumes are usually much lower, it would make it much more harder for traders to gain profits from small trades on the trading market.
legendary
Activity: 1288
Merit: 1036
October 18, 2018, 06:29:24 AM
#81
maybe true, but it takes time to be able to change the old strategy into a new strategy in all crypto trading, the bear market is enough the body becomes stiff and sometimes the bear market is also dangerous if the asset price does not recover, and forced to do cutloss Grin
You really do not need to change your old strategy much, as you only have to refine it a little bit with most of it basing on decisions most especially when it comes to taking profit short term.

It is something you always have to take note of that as long as it is a bear market, the market will always have the tendencies to fall faster than going up and in that case, you really want to not be holding a market for too long and as long as you have been able to get some profit, get out and look for another opportunity to get in and do the same, which is something pretty different from trading a bull market, but at the end of the day, it is just a little refine you will just have to do
member
Activity: 150
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October 17, 2018, 04:39:21 PM
#80
I can make money when crypto market is going down, because I can research the market in the short term and I make right decision when investing.
hero member
Activity: 1330
Merit: 502
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October 17, 2018, 04:06:54 PM
#79
Even on a bear market I still try to make money on trading. 1% to 2% on each trade is not bad at all. Just be patient and stick to your goal on hitting 1% to 2%. If you try to go over that there might be a chance that you loose more if suddenly the price dropped. Dont let greed take over you in trading, regardless if its bear or bull market.

The weakest part of any trading method is the trader executing it. There are many ways to make money in the market but they all require discipline and consistency to make any of them work long term.

The traders that manage risk exposure the best are generally the ones that win in the long term.

Good trader is the one who makes money in any market condition. There is always the opportunity arise.
full member
Activity: 812
Merit: 114
October 17, 2018, 04:02:36 PM
#78
It is very tough now to make money! Sometimes I made a good profit but sometimes I lose. Actually, I was trading on Idex and in Idex making a profit is an easy matter and losing everything is also easy! So, I stopped trading there and yesterday I made some profit from the ARN token in Binance. So, You can still make money at this bear market, but You need to ready for the loss too!
member
Activity: 162
Merit: 10
October 17, 2018, 04:01:43 PM
#77
Yeah, once I have taken 50% profit in this bear market position, I got some cyberFM token in bounty reward and I sell them today quick and then I bought same token and till now I have 21$ rest of the selling amount. its my first trading profit.
sr. member
Activity: 1022
Merit: 264
October 17, 2018, 03:56:08 PM
#76
Not me , im just holding . I know you can make some if sucesfull on trading , but i would like not risk and better just hold . Not sure for how long will hold it , but will not sell anything unless it will make me happy . Crypto is kinda addictive i guess , thats the thing i do almost everyday like price check , bitcointalk , telegram and checking out projects lol
copper member
Activity: 308
Merit: 1
October 17, 2018, 03:49:30 PM
#75
Making money in a bear market requires a different trade approach, it is only the skillful can make profit in a bear market, personally I want for a certain deep level and support level after observing a trend for a particular period of time, buy at that level and ensure to have a take loss target, if eventually market goes in the up direction and enters a profit target, I quickly sell.
sr. member
Activity: 1498
Merit: 326
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October 17, 2018, 02:43:24 PM
#74
Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market.  Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.

A true trader can earn in any market.  Smiley if you truly know how to get away with the bear market with short selling or take advantage of the bull run you are certainly one of those that can be called true trader. Maybe if you're a long trader, you can study the market and can spot the bottom.
sr. member
Activity: 868
Merit: 259
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October 17, 2018, 02:29:36 PM
#73
Leverage trading on BTC/USD is great way to make money even on bearish market. If right - short - position was opened before price fell down - then you'll earn money.
But it is too dangerous to begin trading without special knowledge and skills.
sr. member
Activity: 2520
Merit: 366
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October 17, 2018, 02:08:00 PM
#72
Yes, I make money when the market is bear, but not too much. I made a little money on October/15/2018 when my Stellar and Litecoin rise 10% from the initial price, maybe it is just my luck when the market is bearish as it is now..
member
Activity: 742
Merit: 42
October 17, 2018, 10:39:50 AM
#71
To be honest I almost lose everything because of this current situation it's been 6 months since the bear market started and yet til now no sign of good market. I don't know who make this market fall. I don't where to trust now even ICO can't give profit mostly the ended scam ico. Maybe it's time to joined those self drop ico. lol. Most of my friends got profit from it.
sr. member
Activity: 630
Merit: 250
October 17, 2018, 09:53:27 AM
#70
Even on a bear market I still try to make money on trading. 1% to 2% on each trade is not bad at all. Just be patient and stick to your goal on hitting 1% to 2%. If you try to go over that there might be a chance that you loose more if suddenly the price dropped. Dont let greed take over you in trading, regardless if its bear or bull market.
That is usually the thing with a bear market, just look for some price actions, look at the shortest available resistance and even with as low as 1 or 2% with a very tight stop loss, you should always be able to get something substantial but this is something not everyone can do and can mostly be applicable to day traders or at least short term traders.

It is always better for you to at least tend to understand what you are doing first and make sure you are confident in yourself to trade a bear market as well as disciplined enough before even attempting it.
jr. member
Activity: 119
Merit: 1
October 17, 2018, 04:29:02 AM
#69
I myself have not benefited from this bear market, because I prefer to withhold than do daily trades that can make losses. so with me holding the benefits that I get later will also be promising

That's a good idea, but in total, downtrends at several coins last for more than half a year and marginal trading is a good opportunity for such situations.
legendary
Activity: 1288
Merit: 1036
October 17, 2018, 04:07:00 AM
#68
In this bear market, it is very difficult to make money because the prices are kept declining in the market which makes us lose more value. So it is good to stay away from the market when the situation is in downtrend.
It is only difficult if you really do not have the experience of trading a bear market or if you get greedy too much. Leave greed out when the market is bearish and be comfortable with some few percentage up based on some of the strategies you have if you really want to do well and this totally depends on the style of trading which unless you are doing margin trading as a long term investor, there is absolutely no way you can get anything from a bear market than to wait until it bottoms, but generally, for day traders and short term trader, with a good strategy, you can always take good advantage of the market little fluctuations and corrections to the upper side.
sr. member
Activity: 532
Merit: 250
October 17, 2018, 02:18:11 AM
#67
if I am not alone because I still hold my coin until I sell at the price I want, so I can also get a good profit later. because at this time to get results it is still not good because the market is still experiencing a frequent decline
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