Very educative write up. I am guilty of not taking actions at the right time, in bull market I do forget to take profits, thinking that coins will continue going up forever and in bear, I always think it can't get any worse. Thanks for this eye opening article, I promise to be more proactive next bull. Thanks
Because you are wrong in your approach. Sometimes its best to take profit at bullish trend because the price can't go on a parabolic rise. Just to remind you that this is a speculative market, so most of the time price jumps so quickly that you will miss profits if you are slow. In bear though, its a different approach, short and then take profits, look for another coins to be bump and they repeat. At least this is a good lessons or a test for everyone, how to survived in a bear season and be mentality tough as well.
Topic: How to survive in a bear market and cut out losses (Read 1653 times)
best thing i think is to take your eyes off the chat and wait for the market to recover, because you might be caught unawares if you try to go with scalping
Taking your eyes off the chart as a trader is not a smart thing to do. One thing you should always do as a trader is to have a strategy and then get to see how the strategy is going to work out for you based on position to buy, when to sell, and where you should be applying your stop loss. It is a normal thing that is done if you know certainly what you are doing. A lot of people certainly do not know what they do, and that is why surviving the bear market will always be difficult for them.
Simple, Just hold while the crypto market still suffering and Instead of panic selling much buy more reliable altcoins , especially In bitcoin while Its still In a high supply which means lesser value. And don't be ever be affected by a fraud news because Ita make you confuse by making Investment here In cryptos.
That is a totally different case for someone who is into trading as that idea of just holding won't work. Every trader should be trading with a strategy which is the only way you can have a trading plan. More like, how far will the market go with your strategy if you buy in at certain position based on your strategy? Also, if the market falls back and end up invalidating your strategy, what should you be doing? It is the latter part where the stop loss comes in and that is why it is usually hard for people with no knowledge as they simply do not include stop loss plan in their trade.
In bear market we can sit silently in bear market conditions we can't sell we will be in loss we can't open positions market may come down
If we are survive in a bear market and cut out of losses I think now can only hold there is only one solution to stay away of losses.it seems that the market is now here to recover to their former value then you can then utilise this system.I assurance to be more defensive coming bull.
The first thing we have to do when the bear market is holding a coin. There is nothing we can do unless patiently waiting for the bull market. Or you can also join the bounty program, airdrop and ICO projects.
There is only one solution to stay away of losses and to stick with profit by buying coins more coins if it is a bear market so you will not waste your time till bull market but this is also benefit to get coins of high potential those generates huge profit for you. Now start buying more coins so that you may make a large collection or hold coins in large quantity so a time is coming when you sell for huge profit.Not actually the only solution
There are still a lot approach depending on what a persons right way of doing it like what OP's approach
the downside of buying large quantity at bear market is that you wont really know its floor and might tempt you on selling when the price goes down deeper and deeper
Just remember that unless you aren't selling it, your coins doesn't lost at all
Very educative write up. I am guilty of not taking actions at the right time, in bull market I do forget to take profits, thinking that coins will continue going up forever and in bear, I always think it can't get any worse. Thanks for this eye opening article, I promise to be more proactive next bull. Thanks
Because you are wrong in your approach. Sometimes its best to take profit at bullish trend because the price can't go on a parabolic rise. Just to remind you that this is a speculative market, so most of the time price jumps so quickly that you will miss profits if you are slow. In bear though, its a different approach, short and then take profits, look for another coins to be bump and they repeat. At least this is a good lessons or a test for everyone, how to survived in a bear season and be mentality tough as well. 
The first thing we have to do when the bear market is holding a coin. There is nothing we can do unless patiently waiting for the bull market. Or you can also join the bounty program, airdrop and ICO projects.
There is only one solution to stay away of losses and to stick with profit by buying coins more coins if it is a bear market so you will not waste your time till bull market but this is also benefit to get coins of high potential those generates huge profit for you. Now start buying more coins so that you may make a large collection or hold coins in large quantity so a time is coming when you sell for huge profit. 
Simple, Just hold while the crypto market still suffering and Instead of panic selling much buy more reliable altcoins , especially In bitcoin while Its still In a high supply which means lesser value. And don't be ever be affected by a fraud news because Ita make you confuse by making Investment here In cryptos.
Very educative write up. I am guilty of not taking actions at the right time, in bull market I do forget to take profits, thinking that coins will continue going up forever and in bear, I always think it can't get any worse. Thanks for this eye opening article, I promise to be more proactive next bull. Thanks
best thing i think is to take your eyes off the chat and wait for the market to recover, because you might be caught unawares if you try to go with scalping
The first thing we have to do when the bear market is holding a coin. There is nothing we can do unless patiently waiting for the bull market. Or you can also join the bounty program, airdrop and ICO projects.
There are so many things you can do to survive a bear market. Bear has been persistent for some months now and it has rendered so many traders to zero percent. To cope with bear market, one must be fast in learning. Don't be greedy when in profit
To survive the bear market, all you have to do is just hold your coins and avoid trading or selling in order to preserve the amount of tokens you are holding.
if for myself to avoid losses when the market is experiencing a very bad situation then the way that I will use it lasts until the market gets better, because there are so many people who have suffered losses because they panicked selling their coins at low prices
"Never ever cut out losses if you do like to survive"
This is my main rule when i do hold of some assets but there are some exception circumstances on where you do really need to get out because the coin is going to down to the bottom unless if
its a good coin you can still hold and accumulate even more on the bottom price.These would always vary on how you analyze and somehow a mixed of intuition.
This is my main rule when i do hold of some assets but there are some exception circumstances on where you do really need to get out because the coin is going to down to the bottom unless if
its a good coin you can still hold and accumulate even more on the bottom price.These would always vary on how you analyze and somehow a mixed of intuition.
There are so many things you can do to survive a bear market. Bear has been persistent for some months now and it has rendered so many traders to zero percent. To cope with bear market, one must be fast in learning. Don't be greedy when in profit
To survive the bear market, all you have to do is just hold your coins and avoid trading or selling in order to preserve the amount of tokens you are holding.
If all went to the bottom can only wait and buy more at the bottom of the coin no more )
I don't believe in cutting losses with your open trade or saved coin. Cutting losses is very injurious to your funds and more importantly to the future profit that would be made. It is therefore important to get into good project from the start to avoid a situation where you are unsure and losing money!
Cutting losses is in a way admitting the loss, taking it. Just a quick example. You decide that whenever price hits your entry point you'll sell. You set a stop loss at that level. There's a huge crash and the price lands 10% below your entry point. You admit the loss, sell, and the price recovers above your entry point within a day. Now if you want to enter you're going to have much less coins than 2 days ago. Now rinse and repeat and in the end instead of making money you'll be losing it. Irresponsible trading is a great path to ruin.
I hope i didn't read the sarcasm here.
I don't believe in cutting losses with your open trade or saved coin. Cutting losses is very injurious to your funds and more importantly to the future profit that would be made. It is therefore important to get into good project from the start to avoid a situation where you are unsure and losing money!
Cutting losses is in a way admitting the loss, taking it. Just a quick example. You decide that whenever price hits your entry point you'll sell. You set a stop loss at that level. There's a huge crash and the price lands 10% below your entry point. You admit the loss, sell, and the price recovers above your entry point within a day. Now if you want to enter you're going to have much less coins than 2 days ago. Now rinse and repeat and in the end instead of making money you'll be losing it. Irresponsible trading is a great path to ruin.
Simply to survive in a bear market you need to hold to those coins until it recovers. Or take an opportunity to buy more coins you think will rise as quickly as possible like ethereum or whatever coin you bet is more likely to jump in the near future once market price recovers. And talking of cutting losses, I think you don't need to sell them off just to cut losses because as long as you are holding it, you are not in the losing end yet.
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