How to survive in a bear market and cut out losses - page 2.

Chachacoin17

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Quote from: Itjoker on August 31, 2018, 01:48:45 PM

Personally I prefer margin trading on 2-3% of the whole money which I have in one trade. Also I always use stop loss and leverage not more than 5x. I like to open short positions in such way.

If we want to survive the current bear market, we shouldn't sell the remaining assets we had but instead prefer to hold those potential coins. Don't let it be sold to bearish price buyers, because they'll acquire the possibility to have the opportunity during bull run happens. Just stay calm and don't lose hope for the coins we had, and typically I didn't apply that stop loss and leverage because I based my trades at the current market trend. The preference of quick selling is my virtue and as long as the asset has low price I buy for it and sell at high after I hold for longer terms.

Barbut

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Quote from: rainezerr on August 31, 2018, 02:27:08 PM

Quote from: KrishaBitcoin on August 30, 2018, 07:50:38 PM

This say patience is a virtue therefore if you believe in this then better have patience and continue to wait until bullish run will start just be sure that you are holding the right coins and you just invested what you can afford to lose so that possible losses is bearable.

Patience is a virtue in this industry and that is the reason why you should hold your coins today since the market will always drop depending on the demand and supply.

Bottom line is if you have patience you don`t cut loses, you wait price to go high up again. Price do depends from demand and supply, demand will rise if word continue with adoption, supply will be cut in half in 2020 after halving occur. When you know this facts you need to stay cool headed and keep with holding, cutting loses will just cut your money, nothing more or less, give it a thought.

rainezerr

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Quote from: KrishaBitcoin on August 30, 2018, 07:50:38 PM

This say patience is a virtue therefore if you believe in this then better have patience and continue to wait until bullish run will start just be sure that you are holding the right coins and you just invested what you can afford to lose so that possible losses is bearable.

Patience is a virtue in this industry and that is the reason why you should hold your coins today since the market will always drop depending on the demand and supply.

Itjoker

full member

Activity: 532

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Personally I prefer margin trading on 2-3% of the whole money which I have in one trade. Also I always use stop loss and leverage not more than 5x. I like to open short positions in such way.

Adrin

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In this condition you must sell as first as you can. Later on you can keep trading by your half amount of coins or Dollar. When market goes up then this half can make you profit as much as it can recover your loses or at least cut out your loses. If the market really bears I mean if the market goes up and down very continuously then buy when it goes more down. When it goes up again then if it make you sure about 25% to 40% profit then sell immediately.

vutienthanh

newbie

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Thank you for sharing, it gives me a nice perspective to apply when the market starts to signal the trend change. Maybe in the future I also apply your method in taking a loss. But in my opinion the most needed transaction is still psychological. Investing in market psychology and investors is the hardest thing to do to help us avoid FOMO or FUD. However, in this market is not absolutely sure 100% completely, so everyone wishes to have the best profit in each transaction.

zainsido

newbie

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Quote from: otundebis on August 31, 2018, 12:09:15 AM

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!

Yes, it's make we loss some but prevent us to more.
As we know, we hardly predict when market will recover.

With doing cut loss technique, we can buy back more coin.
if bear market continues, cut loss again, buy back again. That our coin increase.
then, we can hold waiting bull market come

otundebis

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Activity: 630

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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!

leonix007

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Quote from: FlamingFingers on August 15, 2018, 11:53:49 AM

This is a quality piece; I like how you illustrate your method with an example as well as that last bold–sentence. However, in my experience, I found that cutting losses and recouping is usually harder than holding, and by the time you recover your losses, the market rebounds and you find out that you would have profited more if you had waited it out. Besides, trying to recoup puts a lot of pressure on you, and makes a feeling that always kicks in whenever you trade that it almost becomes like pathological gambling chasing behaviour.

I feel you bro, this is well experienced in BTC

seems its a different behavior with alts

We should have a different approach in BTC tradings, normally setting cutloss to a higher thresholds compared to trading in alts

However if I've got twice or thrice hit on cutlosses, time to Pause and reset the plan, proving I am on an opposite directions

Sanchezino40

newbie

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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

karungbitcoin

full member

Activity: 588

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History price of crypto will help to know support and resistance level, so when we think the price on the support area we can decide to buy and dont forget to use stop loss because no one can make prediction by accurate 100%. Use stop loss on everyday trade is apart of risk management that we should use to avoide huge loss.

KrishaBitcoin

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This say patience is a virtue therefore if you believe in this then better have patience and continue to wait until bullish run will start just be sure that you are holding the right coins and you just invested what you can afford to lose so that possible losses is bearable.

samcrypto

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Quote from: berrygood on August 28, 2018, 04:36:32 AM

You can't survive in a bear market, you can only understand if you survived or not after bear market ends, this market is uncertain so any action is risk.

Exactly, the moment you still make good profit during the bear market is great but you will just know if you really did good is when the bear market ends. Cutting loss doesn't mean you succeed but maybe because you make a bad decision to buy that coin without any study and the result is negative. Always invest with good coins so you will not be force to sold your token even at a lower price.

reflector

sr. member

Activity: 826

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Day traders are always survive in the bear market because currently sudden fluctuation is happening in anytime but day traders are earn some profit in this situation. So they know the sudden hype of market and how to choose the right platform. My suggestion is experienced traders are continue the day trading and new traders are investing in long term investment.

nydiacaskey01

legendary

Activity: 1834

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If its bear market then stay away from alts and keep you Bitcoin bottom line stop trading for a moment. Why risk your coins for a few profits in exchange for a high risk of loosing more. There are day traders out there who still trade and expects only small profits like 1-2% but for me its better than nothing.

erickkyut

hero member

Activity: 1176

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I'm not doing day trading because I'm afraid of the super volatility of the market. For me to survive on the bear market and also to cut my losses, I added additional cssh flow. I always join airdrops and bounty campaigns. Through that, I will get other source of income.

frowsiter

sr. member

Activity: 714

Merit: 261

I would just go with whatever you stated in your conclusion and thats going with the market recovery and doesnt matter how much time it takes because most of the time it can very huge. For example someone who invested back in January might be in the state of shock as they invested at the prices which were ATH of this year. We have not found that ATH again since then and thus its really hard to wait for such long period of time. I guess its better to wait and look for an opportunity whichever is close to the entry of our trade and make things better.

Daseento

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Activity: 206

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Traders must learn to let go of their emotions totally else making good trading decisions could be impossible. Also, the use of stop-loss can never be overemphasized, even with good trading knowledge, trade can still go south. Stop-loss is the way forward.

tnabielec

newbie

Activity: 34

Merit: 0

Follow your trading strategy without letting emotions get the best of you. Get our of losing trades at 1-2% loss, it hurts but it's alot better than -50% loss. That's catastrophic.

jagdeepjd

sr. member

Activity: 700

Merit: 251

In the bear market if you know how to trade then you would have already cut your losses by applying the stop losses. But if you have been a true hodler and stuck with your favorite coins then I think averaging it down by buying back at lower prices is the ideal strategy provided that coin is not on the verge of dying.

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