Are you making money in this bear market? - page 26.

BitcoinCommodor

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Quote from: metribitcoin on October 10, 2018, 08:39:44 PM

This year is very bad in crypto market and i was loss alot of money because all crypto going down. And from this case now i make new strategy how to avoid loss from the bearish market of crypto. Lesson learned and i will never do the same mistake again.

This year is not actually a bad year and being bad or good actually depends on the way you have decided to see things. For what it is worth, we cannot expect the market to just keep going on without a correction at some point which is what we are seeing now and corrections are always there to pick the market at a much lower value as the case may be.

Avoiding loss only depends on you as an individual, either you are a trader or an investor, what is important is to always have a strategy to make market decisions as that would usually guide you in every way. Simply as a trader, to trade a bear market, you most definitely need knowledge as you cannot do without it.

Itjoker

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Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

Falling market is additional opportunity of getting profit. So I always try to find such fractals of confirmed downtrend and make money on it. But first of all I always try to protect my money and use stop loss.

jerry0

full member

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I notice there are some coins that did increase during this bear market. Is there a reason for that? So btc price does not affect those particular coins?

Cosbycoin

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Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

It is hard to make money in a bear market but as long as you are able to discipline yourself, I guess it is not that hard. It requires a lot of knowledge and discipline but I can say there is no doubt that I have been making some little profit in this market even with its bearish condition. Once you have a strategy to play with and you stick with it without any form of emotion, it would always be an easy thing to achieve.

However, it depends on the market you are trading as a sane person should not even be considering trading altcoins at the moment or too many of them, based on how volatile they can get, I would rather stick with trading bitcoin for the mean time and making money from the fluctuations.

Finestream

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Quote from: dothebeats on October 11, 2018, 09:45:51 AM

Making some money on the side but not that hefty as compared to last year's gains but still, a profit is a profit. I'm trying to distance myself away from the alts for a little while as they seem to be even more unstable and unpredictable compared to bitcoin. What I'm doing is just buying on the lows and whenever it pushes, say 3-5% of my initial entry, I'd take it and wait for another few weeks or so. This has worked well for me, despite the fact that I'm not earning much from this trading scheme.

For me,i'm still gaining profit through participating in some potential bounties and gave me good income even if the market is bearish.But with trading,i still keep on holding my coins and whenever a good price increase is seen,i will sell some of them and buy and hold again.

Dart18

sr. member

Activity: 1400

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Lose, Lose and then Lose again. Cheesy

Somehow I can still laugh about it when I am talking about how I ended up losing a lot of tokens.

It is the hardest time of trading by now. The sudden dumps just happens regularly but unpredicted.
Ethereum with the sudden plunge again with -$30. I guess most traders here fell the same way I do by now.

dothebeats

legendary

Activity: 3542

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Making some money on the side but not that hefty as compared to last year's gains but still, a profit is a profit. I'm trying to distance myself away from the alts for a little while as they seem to be even more unstable and unpredictable compared to bitcoin. What I'm doing is just buying on the lows and whenever it pushes, say 3-5% of my initial entry, I'd take it and wait for another few weeks or so. This has worked well for me, despite the fact that I'm not earning much from this trading scheme.

Jateng

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Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

Yes I am still earning money even though the market is not good. But the crypto or the money I am earning at this time us not as good or not as high as the crypto/money if the market is very good. I do less trading by now, I focused on campaigns that pats bitcoin every week. It is a very big help to me.

ohkkstaaahp

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“The Premier Digital Asset Management Ecosystem”

I am holding the penny in this downturn, I think the market will soon recover, so I think we should be patient holdings, so the market will give us surprises if Hold them for a long time.

nl247

full member

Activity: 518

Merit: 145

Quote from: karungbitcoin on October 10, 2018, 09:51:51 PM

I think currently more than 80% of trader and investor loss money in crypto, but we will not loss after sell it. We should be not trade under emotion and keep holding while waiting for next bull run. Bull and bear is always changed so we have still chance to recover loss if we have enough patient.

Generally, more than that lose because they trade without any form of knowledge at all and they just simply allow their emotions to play a better part of them, since without knowledge anyway, you will not have a strategy and without strategy, you are obviously just gambling your positions in the market. Bear markets are even the hardest to trade and most especially if you do not have knowledge you can get screwed faster.

Even though I do not usually support leverage trading, but at least, you can always short a market as the case may be and make money from a bear market through that.

cjie

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Activity: 252

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Quote from: metribitcoin on October 10, 2018, 08:39:44 PM

This year is very bad in crypto market and i was loss alot of money because all crypto going down. And from this case now i make new strategy how to avoid loss from the bearish market of crypto. Lesson learned and i will never do the same mistake again.

Don't worry, you have not lost money. When the bullish start you will laugh again. This is the best time to invest in cheap coin and you will be surprised by the return you will get when the bullish time start.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Making money in this bear market is to difficult mate. Which is unless if you want to make day trading with some coin that has potential to earn quick profits. But must trade a big amount as well in my opinion so that you can gain enough profits on it. Because doing day trading with small amount nowadays is wasting of time which you can earn cents only because market still not stable. .

Zicasu

newbie

Activity: 21

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Yes I do make money in the bear market - but not like in 2017 when every signals group just posted a signal and it's BOOMED.
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KenChanYu

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Quote from: bittraffic on October 11, 2018, 12:44:13 AM

You will have to chose which exchange to trade with btc/usd, if the transaction fee is in BTC go somewhere else. There is Binance and KCS for you to keep trading while in the bear market, they exist because people like it very much with their coins being the fee. But I agree, its still hard to profit while tis in the bear market.

Most of us felt the struggles during this bear market, not just you mate but for all those who seems to seek money for living. Every person has each spending needs, and if it happens his/she was trapped then he sell an asset without caring for it's value. I had traded some with my asset also this bear season even though I wasn't gaining more. But not as exactly as expected with the previous year, right now is somewhat a hardships.

Kemarit

legendary

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Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

Its because majority of us haven't seen a bearish market before, that's why we don't know how to react. We used to see crypto price peaking at some point so long term holding is the most viable method to make money. However, since the start of the year, the trend changes, newbie traders panic and didn't react in a timely manner. They still have this mindset that crypto will somewhat reversed, sadly,it didn't happened. So there's a bright side in 2018 for all of us, be flexible on our trading method otherwise you its not gonna be profitable in your end.

bittraffic

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You will have to chose which exchange to trade with btc/usd, if the transaction fee is in BTC go somewhere else. There is Binance and KCS for you to keep trading while in the bear market, they exist because people like it very much with their coins being the fee. But I agree, its still hard to profit while tis in the bear market.

forex

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For me personally, it is easier to make money on the bear market. As soon as you see a strong upward impulse, immediately impose a fibanacs grid and make a short

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

Surely we can make decent amount of money even in this bear market (maybe a stable market for now) because the prices were oscillating in that region so if we can follow the price movements then we can identify when we have to buy and sell but it will not be much effective for the low capital traders because the profits will be less than one percentage.

mkhadazz

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when a bear market happens actually this is the best moment to buy but it won't be good if you trade when a bear market moment because the prices in the market will tend to go down and it will only endanger you because you can get stuck at a very expensive price.

Mpamaegbu

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Once a man, twice a child!

Quote from: metribitcoin on October 10, 2018, 08:39:44 PM

This year is very bad in crypto market and i was loss alot of money because all crypto going down. And from this case now i make new strategy how to avoid loss from the bearish market of crypto. Lesson learned and i will never do the same mistake again.

Sorry about your loss. But that was because many of you dudes jumped in high and bought at ATH thinking it was the arrival of the new money. May be it might take next year before hodlers start smiling again. May be in two years time. No one knows for sure when it will be.

Quote from: omonuyak on October 10, 2018, 01:52:01 PM

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.

If you know, you know. But they don't know!

Recently, tether has been introduced to cryptocurrency to mitigate losses if one decides to hodl in a falling market but many traders don't even know it exists or how to use it.

Topic: Are you making money in this bear market? - page 26. (Read 39880 times)