Topic: Do you do better than the youtubers when value is going down? Or what..?=?? (Read 344 times)

I think it is a very big burden if you trade when the market is bearish, we have to really look at the curve. I leave everything to my feelings. If i think this is the time for calm down, I'll calm down. I’m also doing trade carefully. I did it with a small nominal amount. And continue to monitor price movements every I can. Surely I'm using stop loss on this season, so if the price going down, I’m out of the entry automatically. And if I have get some reward, I’m going to take profit immediately. For short trade, we can’t be wild and greedy. Indeed, doing short trading has very high risks, but if we are really focused, we can also take the opportunity. Just enjoy our risk with patience and our strategy.

These people prefer to anticipate when the price is high rather than when it is low since they merely make predictions to gain more views and cash out. It is not as if they understand what they are saying. I can promise you that they don't know much about their forecasts, but they do it to attract more viewers, which is why they become more active during a bull market or when the price rises, so don't take their advice; it will result in loss. I'll advise you to DYOR. That is what will aid you because following their prediction may not work in you.


All these pages you mention, we all know they are on YouTube, but how sure are we that they are 100% legit? Further, all these people won’t show their losses; they will keep on showing what they gain without showing their losses, which is not working that way. That’s why it's not advisable to follow an online trading class; not all of them are legit. The best way to be successful in trading is to learn the skills, fundamental knowledge, and technical analysis of trading. I think it’s the only way to succeed, but following what these online influencers are saying won’t help. 


There is nothing to be scared of or what will keep someone stronger in the market than your knowledge, skill, and strategy you use while you trade. The fact that it’s how you trade and make money will be like motivation for you to be active in the market, so whether you are a professional or a newbie trader, as long as you are making profit from your trading journey, you won’t slack and you will be more active and stronger  in the market. 

Agree on this one on which it would be always best that you should really be wary on the things thats happening around and not really just that easily make yourself believe that they are really that the end game
or someone whose really that actually have the trading knowledge.I do agree into that point that you could be able to get up some idea for you to be able to learn up too. Make yourself that wary
on whats good and whats bad on which you could really be able to apply on your trading methods. I agree that when it comes to skill enhancing then not everything would really be just that limited to textbooks or
simply with those things that you could be able to read up online or with those videos. Other learnings could really be acquired on real experience and this is why it is really that important
that you should really know on what you are doing.

Finally one who actuallt partly did answer my headline & main question here...!! 
 

The only way to make money in a bear market is to open a short position, but this is only possible with margin trading. But before moving on to futures trading, you need to learn how to trade with profit on the spot market, and as I understand it, you have problems with this.

Most people do better than youtubers to be fair. I feel like they are pushing too hard for just creating content, you can't just have one trade every week, you need to have one for every day, multiple if possible as well, I have seen traders who make dozens of moves a day, trying to pick which ones made the most money for them and show that. It is clear that we are going to end up with regular people being better than youtubers quite commonly, because it's something that would be easy for everyone.

I believe that we are going to be doing fine on the long run, we just need to be calm about it. Of course it takes a while for it to mean something, but during that period we are talking about a normal regular situation.

Most YouTubers who only talk about projects listings aren't traders. They're just shillers who are paid to advertise projects and get a fair share of the tokens of the projects they advertise. Like a false prophet to politicians or kings, they can only say what will please their pay masters. When these projects do otherwise and contrary to their prediction, the YouTubers tuck their tails between their legs. Real traders will look at buy and sell and not only buy.

That brings me to this, traders should be weary of buying any token whose charts only show bullish candles (green candles) without the red candles (bearishness). Such projects are, in most cases, scam. They only allow you buy but you can't sell. Avoid them.

agreed with this so many youtuber from my observation invest in some random shitcoin even project that was abandoned by the devs and I was like what they heck they are doing with their investment some of them also outright investing in the most generic coin like a template for influencers, but at the end of the day i would never trust an influencer that hasn't disclosed their portfolio holding like ever I mean they can be influencer its fine but at least if giving advice show us what they have done in the past and see whether their advice works since we know to test whether the advice works is by seeing their past portfolio.

too bad too many influencers won't even disclose their portfolio probably afraid being judged whenever thing goes to south but regardless i concluded that just like many peolpe said don't take advice from complete stranger including these influencer always some ulterior motive behind the curtain if you are attentive enough.

Hardcore bear markets are mostly for accumulation, which means that when the market is going down straight, without small volatile movements in the middle, there is nothing you can do except accumulate assets if you are trading in the spot market. If you are in futures, you can always short certain assets and earn profit on that, people with experience about the market and certain trading practices keep doing that in the bear market.

However, if you are not much experienced and don't know anything about futures trading, you shouldn't be making a lot of trades in the bear market expecting profit because you might buy when the market becomes stable, thinking it might go up a little from here, but then it starts going down again.

So trading is difficult in the bear market, but you can make profit in it if you are experienced and knowledgeable.

Following a famous influencer is indeed a very detrimental thing if what they say and we follow their advice is not profitable for us and it could be that what they say is only based on their knowledge and they do not necessarily have experience in what they say, to be able to Eliminating fear in crypto investment, we must have good knowledge in this matter and dare to try to enter the market so that we have experience in the field of crypto investment.

Yes, of course, when someone cannot trade well then investing and it would be better to avoid types of trading that we have not mastered well will certainly result in losing the money we have in that trade.

Youtubers just make content that is trending at the moment related to their niche, so every tech youtuber kind of touch this subject but do we really have to even look at what they are saying because it's obvious that they have know expertise in the trading then suddenly they make expert predictions and giving opinions about others that where they can make money.

I always thought of this that many of the youtubers that do video on potential altcoins to buy or trade don't trade cryptocurrency because all the reasons that they're giving to trade or buy a coins isn't a good reason but just giving random reasons. I have seen a video when a youtuber said the reason why he thinks this altcoins is going to be good for trading is because other altcoins in that trend is doing well. Sometimes things don't work out that way and the youtubers will be wrong but when we do our research we won't be depending on their speculations before we begin to do our own research. The youtubers are mostly making money from their views and not from trading therefore we can do better than they're doing if we are talking about only profits from trading in particular.

If someone can do it daily then those people must saw an opportunity on it daily but there might still be days that they are not profitable or their profits are lesser. It is still up to us if we will follow their approach or not. You rather say that you are only doing it as a side hustle but it can also be for a long term if you think you are doing good here.

Knowing that YouTubers are like that, that only means that we are better than them in terms of trading but in terms of making a content they might be better than us because they can manipulate their viewers thinking what they are doing are effective but there is a risk on it because they can be reported and unfollowed for giving a false information.

The worst mistake you would ever do is to start following a youtuber or a famous influencer because you wouldn't know how knowledgeable they seems to be so if you must succeed in long run in crypto investment you need to at least leave some fear behind you otherwise you would end up feeding the market by wasting your precious bitcoin to other people.
If you don't know how to trade what you should is when you invested when market were very poor you can sell when you think is okay for you and target the halving immediately after halving there is always some sudden drop in the market that you might utilized the previous space by filling back your bags. Lastly do not involved yourself with a trade you know you can't really afford to lose the money, the best is trading within your losing value.

If you really want to learn about bitcoin, I don’t recommend people to watch videos on YouTube, because most people making videos on YouTube don’t really know much about bitcoin, and most of their videos are misleading. Most of them making videos are just doing it because of subscribers, and likes, they are doing it because of the money they will end up being paid by YouTube. So everybody on YouTube is claiming to be a crypto expert, and they are all giving advice. Some of them are just having basic knowledge about bitcoin, but they will claim they are professionals.

I hardly trade during the bear market because I see it as a time to accumulate and not to trade. During the bear market, I focus more on accumulating than trading. Even when I am accumulating and the coin keeps on dumping, I know if I can hold it, I will definitely make a profit, it might just take time, so if I am accumulating, I always have the feeling that I am gaining.

Because they want to lure people especially new people to gain referrals and views.
For me, there's nothing wrong with being a youtube but the only wrong they are doing is some of them are advertising projects and some of them are scam projects.
And another thing is they are giving hopium to some people just to gain more views.

Remember that most of the "high gains" youtube videos out there only showing the good side of trading, but mostly they don't show you about the bad ones and mostly they don't show their losses solely for the views. Just imagine your favorite trading youtubers losing money and people that follows him are really mad because of the results, they don't want that.

It's okay to hear what they think about certain events when the price is moving, but you should not believe what you see especially if it's always in a good spot.

Having some legit knowledge or not, im not really that confident on trying out to follow into those youtubers or anyone i do saw online on giving out their speculations or analysis towards the market.
Yes, you could really be able to snip out some trading ideas but it wouldnt really be ideal that you would really be basing up your own decisions with those analysis.It would be always better that you should really be that making on your own rather than on trying to be reliant into those youtubers out there. There's no way that it could give out that kind of confidence if we do speak about the results or outcome.

Trust no one when it comes trading analysis and it would be always best that you should really be that trusting with your own analysis rather than on trying out to copy someone.
Not only that you arent just that relying with others but also you are really that able to enhance your trading skills on which this is something that much more better
compared on trying out to follow someone for the rest of your trading career.

Very few youtubers are having actual trading knowledge and try to educate people by giving advices about strategies and analysis but predictions not that kind of people actually do cause they know it's not possible to find the future outcomes so just sticking with what they have in control is best for them. While lot other youtubers who are not really into crypto but making video about crypto trading only because it's what the trending topic when market goes bullish so they make something that they read from random articles and try to educate us with no knowledge at all that is why you see few when market becomes bullish.

It is clear that we are not going to end up with them having this much ease when they are doing it. Youtubers will end up telling whatever they want to tell and that is just the way it has been for a long time, there is really nothing to worry about it or anything to go big at all.

We should consider them to be something that would be quite easy to handle and should be something that will take a while, so there is really nothing to worry about it at all. I personally believe it should be fine and youtubers can be ignored and you will not miss anything at all. We need to just look at the situation to be a bit more comfortable along the lines and there is nothing that can be considered a lot different what they do, it's same stuff.

Stopped believing in them long time ago as they don't have much knowledge about Bitcoin and crypto in general but they just use the market situation and randomly speculates things with some catchy tags and clickbait, all they do is if the market is bullish they will pick some random altcoins or whoever has paid them and say it will be on moon and similarly they do for dozens of coins and even if one coin by surges by coincidence they will make it their USP. They just needs more views to make more money and they don't shy away even if it's at the expense of noobs who listen to them and follow them blindly only to lose it all.

You don't need to follow YouTubers because mostly they are not given honest review about a project or coin because they never think about their audiences they making money it's does not matter which project is legit or scam. Day trading is not for everyone if you newbie I think long trading is the best.

If YouTube did not promise any payments to YouTubers, you would probably be left with those who know information about trading well or normally. But since most channels are aimed only at making money and getting subscribers, we see hundreds of amateurs presenting themselves as experienced traders or analysts.
There are several really competent channels, and we must be very careful about all the information, carefully checking it with other sources, realizing that even the number of subscribers is very easily bought these days.

what i know is that most youtuber traders are those who only trade to get views and income from their youtube account. what they convey is just very simple things where the words are like copy-paste from a trading book and all their trading activities are just fake to make themselves look like a successful trader in front of the camera. so there's no need to be surprised that they don't appear much in a bear market because viewers will only be interested in watching when the market is bullish.

Once you do step your foot into this market then you shouldn't trust no one no matter how known they are, no matter what popular they would be.
We are speculators into this market and you would really be able to expect those tons of bullish sentiments whenever Bitcoins price would be going up.
You would really be able to notice that there are tons of sudden experts telling this and telling that as if they were pros. 

Trust only your own analysis nothingless, its not bad to look up on someones analysis too but dont rely into those things
and stick with your own so that you wont really be having no regrets.

The reason is simple. They are not profitable. They rely on their YouTube ad revenue,  selling courses, mentorships services, private discords, and trade alerts which are manipulated to appear successful to make money. They have no real experience that is why they all repeat the same thing over again.  



As a beginner your focus should be how to on gathering knowledge on trading. No trading bot will make you profit if you don't have the knowledge on how to use them. The safest strategy to not losing money in trading is to hold and not trade.

The reason why they are so energetic during the bullish season and remain almost completely mute during the bearish season is that they are ignorant of the market, they are just opportunists. They are only using ideas, and as we know, Bitcoin and other cryptocurrencies are easily predicted during the bullish season due to many factors like halving, FOMO and the important events surrounding it just like how we had it during the Bitcoin ETF saga last year. This undoubtedly brought FOMO into the market rather than much FUD that often happens during the bearish season. This, nonetheless, often confuses those social media influencers.

A lot of them are just flourishing more on guesswork and a little idea they understand about speculation. This is why I always advise people to be very careful of them to avoid making mistakes. We can be the best speculators if we invest our time to learn.

My friend, the best advice remains the same as I issued above. Be your own speculators. You can do this by learning and training so well about the market, and before you know it, you are a guru in it. Talk more with your trading chart for analysis and guidance, you should also be conversant with the economic happenings around cryptocurrency. These would help you to decide well in both the bullish and bearish market conditions.

Taking trading advice from YouTubers is like taking trading advice from random people on social media. Most of them don't know what they're saying and even the few that know what they're saying may still be wrong. Before you take the advice of anybody in trading, make sure you carry out your analysis first and be sure that you're making the right decision.

Just recently when Bitcoin was around $50k I wanted to convert money I've been saving for something into Bitcoin and I told my friend about it. He's a more experienced trader than me. He was totally against it. He was insisting that I buy a stablecoin instead. He almost convinced me but I'm glad he didn't because Bitcoin is at $56k now and rising. My friend was just looking out for me, he was right to do so, but I saw how BTC was headed and I was convinced.

The bottom line of this story is that you should keep researching, keep studying, and keep gaining experience so that you'll be able to follow your own predictions and not rely on other people.

It is good that you do day trading but many people do not like to do this trading as it involves high risk.
What we mean by day trading is daily or daily transactions. We can call those who do this day trading as day traders. We have one purpose for day trading that is Profit To Trade. Through these trades we can maximize our trading portfolio with small profits.

I don't like doing this trade myself because it seems risky to me.I hold my invested tokens for a long time instead of day trading like I hold Bitcoin for a long time.

I don't do day trading.

But sometimes I just do it when I think that there's an opportunity. But to say that I am doing that for a living, nope. I'm in here for the long term and I find it a way better strategy and I don't have to fight with the daily markets and pressures from itself.

Compared to these youtubers, think for most of them that they're there to make contents and not to make daily trades. Because if I am a profitable trader, I wouldn't broadcast how profitable I am.

Some very interesting views and information coming in here, Thank You All for it! Something very interesting in a down market would actually be to hear your own experience on when exactly to go short with an over time success in a falling market - The more concrete and actual trading triggers, the better...!! 

Your observations are not wrong, however if this market was one in which the price was ranging most of the time, it could make sense to try to trade both directions and make money when the price of bitcoin went down.

But this market is one in which trends are strongly present, and when that is the case going long can present huge profits, but going short not only runs the risk of going against an emerging bull trend, but also the profits are very limited when trading in that direction, so for the most part when the price is going down the best and less risky option we can take is to sit out and wait until the bottom is reached.

YouTube is not the place to actually trust on either investment advice or even that of trading. If you’re a trader I will say yes you can check and watch some of there technical analysis strategies and learn to incorporate it into your own strategy and then back test it to see how it will go in a trade.

If you’re a newbie and then lack the technical knowledge or skills of the market it is best you stick to investing only and leave them for a long period of time. Another advice is do not just buy any low cap coins thinking it will explode, no! Some of these coins are just pump and dump. So you should stick to other middle cap coins that have come a long term ago

Social media influencers, the reason for sure is that.

• just for a content
• paid shill project that usually scam
• wanted to gain viewers, creating unrealistic predictions to catch interest

We don't need them if we know how Bitcoin works.
Just educating yourself in trading from technical to fundamental analysis might be an ideal way to become successful in crypto not by those influencers who only care about themselves.

A number of YouTubers are not even good traders. Most are paid shills that advertise scam tokens. There earlier you know this as a newbie, the better.

Scalp trading mostly on derivatives.

Majorly, my own personal technical analysis

Day trading
Long term for coins, I believe, have bottomed.

If you want to implement long-term trading, it's best if you don't look at prices too often, you can also set your profit target so that you sell, and don't trust YouTubers too much, they only take advantage of the moment to look for views, which in the end they will also curse if the market turns around

If you decide for the long term, you have to prepare a strong mentality, which will not be shaken by the value of deep losses and not be lulled by profits which do not meet your target. YouTubers will definitely continue to publish good news during a bear market, but there will be a lot of opposites. who scolds if the price goes down and that's a normal thing I see since I know crypto

I love to trade day trading because I cannot wait for long time for day trading is also so risky and I will recommend to use use only small fund for day trading. High risk will give good profit but one bad trade can ruin our portfolio.

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Yeah, This is just where my attemt went to that specific place we just cannot mention on here, I suppose... 

Most of youtuber even don't know about btc history of btc,goal of btc but they are still acting as a crypto trader experts just for views. I know many of them who don't know the basic trading rules also and their knowledge about crypto is very limited.


Actually we have a different strategies in bear and bull market. In bull market the token having strong fundamental are worthy for trading while in bear season you have to look for low cap and other volatile coins


I love to trade day trading because I cannot wait for long time for day trading is also so risky and I will recommend to use use only small fund for day trading. High risk will give good profit but one bad trade can ruin our portfolio.

There's a lot of youtubers constantly predicting high gains by constantly predicting new hights, but when Bitcoin is down it seems to be a lot harder than when going rapidly up, right?
 
Seems like they're much more quiet in the bear market than nowadays as things really is starting happening again, though!

Most times it seems like the majority of them have no clue at future development in Bitcoin, but just rambles about about either this and that, if and when and maybe so...

Not really advices anyone can follow!

You may learn a lot about trading strategies, looking up information and predictions made "boy room youtubers", Gareth Soloway, Lark Davis, Ben Cowen, investing.com, BTCiTrade.com, Tradingview.com,  Bitcoin fear-and-greed-index and so on, but still, after all this; How do you really do to still gain in a proper bear market..?? And where do you get your information from?

Do you do day trading or longer term?

When I try to trade short term it always goes to where the smell is purely awfully bad! Best results is when I don't trade but just hold no matter what direction, up or down.

Is there any advice to keep going strong even when prices are dropping slowly but surely over time..??

I do believe many newbie traders would love a quite good answer to this one, really!