How has trading been for you during this Ukraine and Russia war - page 2.

redsun114

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Quote from: palle11 on March 22, 2022, 06:20:49 AM

Basically the war in Ukraine and Russia is not the reason that coins dropped because bitcoin was already down before this war, so we may not look at whether coins are down now but how we have been able to manage to get some profit despite it is still bear. During bear also some traders are able to spot right time to buy and scalp out some profit. Buying and selling still going on as the fight is on likewise because Russia still buying from China and tries to survive and finance the war, Ukraine also getting military help and cryptocurrency to finance and sustain the people, Oil and gas are still traded.

It is not a bear market. Just because the price is not 70k, you can't call it a bear market. We haven't been under 35k for months now and we have been going up nowadays as well. The price constantly getting those kinds of increases do mean something and you should be focusing on getting better and better at it.

Obviously we are not at a high price right now but just because we are not at ATH doesn't mean that you could call it a bear market. Bear market means market is going down, are we going down? No, we are not going down right now. I believe that we are in a bull market or start of a bull market right now and that should be something to cheer for.

palle11

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I have definitely suffer in trading during Russia and Ukraine war because all coin just gone to their lowest point. By mistake we taken entry before war because two big countries going through big war so how money will come in this crypto field. My trading experience is very bad during this period. Such a risky market nobody know high and low of any coin. I Hope all of my freinds will out from market during this war.

Basically the war in Ukraine and Russia is not the reason that coins dropped because bitcoin was already down before this war, so we may not look at whether coins are down now but how we have been able to manage to get some profit despite it is still bear. During bear also some traders are able to spot right time to buy and scalp out some profit. Buying and selling still going on as the fight is on likewise because Russia still buying from China and tries to survive and finance the war, Ukraine also getting military help and cryptocurrency to finance and sustain the people, Oil and gas are still traded.

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Quote from: Etranger on March 18, 2022, 11:54:24 AM

I don`t see big changes either right now. It seems to me that prices are kept at about the same level as before the war. On the contrary, more attention is being paid to the cryptosphere, because donations to Ukraine are also received in cryptocurrencies.

I also advanced this argument that if anything, the awareness and demand for Bitcoin has kept it from crashing and dumping as the war goes on. Otherwise, we should be seeing a Bitcoin in the $20k region by now if not that donations to Ukraine in Bitcoin further exposed Bitcoin to the world and demand soared. I want this demand to continue as the market meanders through this tough and rough first quarters of 2022. I believe the second quarter will present a stronger price momentum. We've even started seeing flashes of it already. At the moment, Bitcoin is trading above $41,000 and April which marks the beginning of second quarter is less than 10 days away. This is a good development.

Review Master

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Quote from: SquallLeonhart on March 21, 2022, 05:59:51 PM

Quote from: Review Master on March 21, 2022, 10:40:31 AM

<-- snip -->

You do not even have to do leverage, it has been going up and down between those same prices so many times that if you do spot trading with a big enough capital, you could buy and sell at the right prices and could make a good profit.

Indeed, more profits with low risk by scalping while you've big capital. However, my most of the capitals are into new projects and i'm good to go with leverage trading. Although my suggestion would be same as yours as market might not be in our favour all time. Also any kind of panic would effect on our TA/FA. Wink

BuNga_cute

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Quote from: smartaction on March 21, 2022, 01:03:01 AM

Since Ukraine and Russia use relatively more cryptocurrencies worldwide. So it is only natural that would have an effect on the cryptocurrency for the war. But since Bitcoin is now a very popular currency worldwide, this effect will not last long. Prices of other cryptocurrencies, including Bitcoin, will recover again

The war between Russia and Ukraine is one of the big events, so it is natural to affect the world economy, including affecting the crypto market.
Because since the war broke out, crypto movements are more volatile than usual, so indeed the amount of my losses increased slightly when
trading crypto. But since I'm quite experienced in the crypto world, I was finally able to cover my losses by changing my strategy a bit when trading.
In conclusion, we must be able to find an effective trading strategy according to market conditions, so don't panic if the market moves beyond
our expectations, because there will be a solution to every problem. After all what you say is true, crypto is already very popular, especially Bitcoin
has begun to be known by many people, so the effects of the war on the crypto market should not last long. Because I am also very optimistic that
the crypto market will recover and be bullish again.

SquallLeonhart

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Quote from: Review Master on March 21, 2022, 10:40:31 AM

TBH, trading is going well and happy to have small profits rather than losses. Last 2 weeks was the best time for doing leverage trading if you're well skilled on it, IMHO. Although this war is having huge impact on the ido/igo projects, but still on profits as ROI rate is down compare to previous months. Personally, war is giving us more opportunities to continue doing DCA if it isn’t turned into WW3.

You do not even have to do leverage, it has been going up and down between those same prices so many times that if you do spot trading with a big enough capital, you could buy and sell at the right prices and could make a good profit. Buy when it is under 39k, sell when it is 41k and check how much you would have made in the last 1 month. That would be awesome even with spot trading, but if you are doing leverage and know the direction that would have been even more amazing.

These "calm" periods makes it easier, you do not lose too much and you could earn so much if you just do it in repetition. Not easy to do of course but quite low risk high reward situation.

Review Master

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Quote from: palle11 on March 10, 2022, 08:37:56 AM

Of course trading is bull and bear, profit and loss

So what is your experience so far during this war?

TBH, trading is going well and happy to have small profits rather than losses. Last 2 weeks was the best time for doing leverage trading if you're well skilled on it, IMHO. Although this war is having huge impact on the ido/igo projects, but still on profits as ROI rate is down compare to previous months. Personally, war is giving us more opportunities to continue doing DCA if it isn’t turned into WW3.

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I am interested in such a question. There were quite a few crypto farms in Ukraine before the war. I have reason to believe that their work may now be limited or suspended altogether due to constant attacks, as well as power outages. russia also does not have the best conditions to support the work of farms. I wonder why the market is not responding to the fact that many farms are shutting down, and this is happening at the same time with a large number of them. Maybe someone can clarify this question for me?

YOSHIE

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Quote from: palle11 on March 10, 2022, 08:37:56 AM

So what is your experience so far during this war?

There is no financial impact for me personally, in crypto trading, because Russia and Ukraine are part of Europe and I am part of Asia, overall for now still in normal condition.

I actually experienced positive changes in trading where some cryptos are currently still stable in the market, both with Bitcoin and also other types of crypto, for me personally it is still normal and under control and I can still make profit in crypto trading.

I'm even more worried that if world war 3 happened, it might have a big impact on the crypto market as a whole, maybe it will cause a little obstacle in doing trade, many factors can affect if world war 3 occurs, but the war between Russia and Ukraine is not that serious and the effect for my country is safe.

toyo87

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blockman

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I'm not the day trader type but usually, with my trades, I just go along whatever the market is dictating. No war or season changes since I'm an all-in holder but still do casual trades, I have no problem with it and treat it just the usual day. Always check the market's sentiment and news about it that can change the market's situation quickly temporarily. In result, I can say that it's totally fine and not that much in terms of losses, I've made a profit but it's not that a lot unlike the others who were able to make that much money.

smartaction

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Since Ukraine and Russia use relatively more cryptocurrencies worldwide. So it is only natural that would have an effect on the cryptocurrency for the war. But since Bitcoin is now a very popular currency worldwide, this effect will not last long. Prices of other cryptocurrencies, including Bitcoin, will recover again

Ryker1

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Quote from: Findingnemo on March 18, 2022, 03:21:38 AM

Didn't trade during this time but got decent profits with p2p trading because we can have better margin due to more demand so people from the p2p trading are ready to pay little more than actual Market value and ready to sell for little lesser than actual Market value.

Well this is true and I noticed this too while there is a war that happened.
Perhaps people that want to keep their privacy purchasing or selling their bitcoin even under the market price, want to have a quick result on P2P so if you are a big player there you will perhaps have a profit. As we can see no, bitcoin price showed a resistance then it seems to have a correction again, it is very hard to tell about the situation where bitcoin price headed at.

Franctoshi

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This period and it uncertainty has really messed up with me with regards to my trading.
The number of losses I have got so far, exceeds what I have actually gained from the market due to market fluctuations recently experienced, In general it has not been profitable in my side, hopefully better days are coming.

lixer

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Quote from: worle1bm on March 19, 2022, 02:04:12 AM

Have not traded much in these times due to some other reasons but have invested some amounts which i cash out with this little bull run.Although the profits were minimal but i was satisfied as altcoins are risky to trade in.Rest still holding my btc investment for long and gain profits on them.

The war have not seen much plunge in the prices as we had expected and the prices of other commodities like oil have grown to ATH but will observe for some more days to have better idea about the market.

To invest and then sell them for not so long time can still be considered to as trading. It only means that you are not affected with this war because you still did it, that's nice as your showing that you are brave not unlike to others that are doubting now if they will buy and sell because they think the price can change quickly so they are waiting for a better moment to initiate a trade.

The profits you get might be small to you but if you will only realize that getting that small profit was not easy, you will still feel very proud of yourself, it is a priceless move. Depends on what altcoins you trade as some altcoins are like btc too that aren't risky at all.

Maestro75

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Quote from: palle11 on March 10, 2022, 08:37:56 AM

So what is your experience so far during this war?

This war has made the market difficult to follow. Alot of traders if they will be honest will tell you that they have been watching and making guesses without trading during this war. It is better to observe and wait for the right time when the market will become stable than trade and lose your money.

Quote from: palle11 on March 13, 2022, 11:05:05 AM

Being in a war zone and trading at same time may not be good, losses can be the outcome so it is better being safe first before looking for money.

Am doubting if there are people who can trade in war torn zones or states and still make profit because once the mind is not settled or at ease, trading becomes a big risk. I pity traders in Russia and Ukraine. Traders in Russia may not even be under pressure like those in Ukraine because it is not hit like Ukraine is.

Etranger

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Quote from: sana54210 on March 18, 2022, 02:59:31 PM

That is curious isn't it? I mean we have seen so many changes in price for many things and somehow after a war it seems to be staying still. Even after tens of thousands of bitcoin was hoarded by the Russians, the price is still nearly the same. Why do you think that is? Manipulation right now? Or the previous big moves were manipulation?

I still find it interesting, in a war situation which has so much big results between the west and Russia, we should have seen a lot bigger results and a lot higher prices. Both sides from Ukraine and Russia all use crypto right now to fight this war and that should be increasing the price of cryptocurrencies to a whole new level.

I keep thinking about the reasons, why we don`t see big changes, that seem to be rational, as the war is quite an occasion for market to react to. Now I am near the conclusion, that this war has brought lots of doubts about structure and expediency of the modern world and its landmarks. Parents begin to realize their children won`t live better than they did, exapt of decades of such expectations. Young people don`t know in which world they are going to live at all. Many thinhs people used to believe in are coming to dust and unrealised illusions. Maybe such a dissapontment also befell the crypto market. The market does not grow and does not fall, it is frozen in anticipation, it is on the thumb. Many hopes were pinned on this area. But this sphere is part of a world that has clearly failed. I don`t know if humanity will find new hopes and landmarks, but I hope that the crypto market will be among them.

worle1bm

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Have not traded much in these times due to some other reasons but have invested some amounts which i cash out with this little bull run.Although the profits were minimal but i was satisfied as altcoins are risky to trade in.Rest still holding my btc investment for long and gain profits on them.

The war have not seen much plunge in the prices as we had expected and the prices of other commodities like oil have grown to ATH but will observe for some more days to have better idea about the market.

sana54210

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Quote from: perla on March 18, 2022, 07:08:55 AM

When the invasion of Russian to Ukraine started I don't see big changes in price just like know it ranges from 37k to 42k and I am not sure whether it is because many people fund Ukraine to donate and they sell it and other people buy it in cheaper price? I am not really that good in fundamental analysis but based on my observation about the market I don't see big price changes about this Ukraine and Russia war.

That is curious isn't it? I mean we have seen so many changes in price for many things and somehow after a war it seems to be staying still. Even after tens of thousands of bitcoin was hoarded by the Russians, the price is still nearly the same. Why do you think that is? Manipulation right now? Or the previous big moves were manipulation?

I still find it interesting, in a war situation which has so much big results between the west and Russia, we should have seen a lot bigger results and a lot higher prices. Both sides from Ukraine and Russia all use crypto right now to fight this war and that should be increasing the price of cryptocurrencies to a whole new level.

Etranger

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Quote from: perla on March 18, 2022, 07:08:55 AM

When the invasion of Russian to Ukraine started I don't see big changes in price just like know it ranges from 37k to 42k and I am not sure whether it is because many people fund Ukraine to donate and they sell it and other people buy it in cheaper price? I am not really that good in fundamental analysis but based on my observation about the market I don't see big price changes about this Ukraine and Russia war.

I don`t see big changes either right now. It seems to me that prices are kept at about the same level as before the war. On the contrary, more attention is being paid to the cryptosphere, because donations to Ukraine are also received in cryptocurrencies. This is one of the largest financial support flanks. However, on the other hand, we do not have to expect large-scale changes yet. The market is flat, and so far I see no reason for the trend to be changed.

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