How trading during bear market can save your portfolio - page 3.

ChrisPop

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Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

I did some trading stunt recently that made me to marvel. And am beginning to see my trading skills as a force to reckon with, i studied the market during last last 2 years and have realised that floating with the market can earn you good profits that you can imagine. Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

"Flowing with the market" is like traders name trading "in the zone". Of course that trading Bitcoin can yield you good profits, but how do you know where to buy and where to sell? What are you looking for in the market? If you can't cover these sentences in a few concrete sentences you do not have a strategy. Instead you are blindly purchasing where it "feels right". This can work and will give you states of euphoria, but don't be fooled by this. One time you will go bust and ask yourself what happened.

But one strategy could be "Buy randomly and hodl long term". It has worked in the past but there is uncertainty if it is going to work again in the future.

Hyphen(-)

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Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

I did some trading stunt recently that made me to marvel. And am beginning to see my trading skills as a force to reckon with, i studied the market during last last 2 years and have realised that floating with the market can earn you good profits that you can imagine. Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

That's the easy way to make money in cryptocurrency trading, but when will the bear market end? This is a question I ask myself on a regular basis because I strongly believe in holding Bitcoin until the next halving, but the market is becoming so volatile that I can't buy now to avoid losing everything in cryptocurrency.
Nonetheless, buying at a dip during a bear market is the best option because the market may recover at any time.

pawanjain

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Quote from: Oshosondy on June 25, 2022, 12:35:50 PM

Let us assume you invested $190 when bitcoin price was at $19000. The price of bitcoin presently is $21000. The asset worth from $19000 to $21000 is $210. The profit gained is $20. The percentage gained is still approximately 9.5%.

To buy at low price and sell at high price is good, but holding longer for months or like 2 or more years may earn more profit after bear market, instead of swing trading after long time of having your asset in fiat or stable coin.

Yeah right. It only takes one wrong trade and that takes away most of the profit that we could make just by holding the coin.
We think its the right time to sell but then the next week the prices are so high that we miss the boat.
Trading is not for everyone at least not for me. Investing and holding on to it on the other side is so calm and gets you mass profits.

rozak

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Quote from: Rufsilf on July 07, 2022, 04:19:20 AM

Buy, buy, and hold - kinda be a great strategy for casual traders and investors. But for those doubtful individuals, I'd say you better not try as in the end, you will sell at loss.

such a strategy will only be successful for those who have good capital and determination. traders who have limited capital, or even small capital will not be able to make gradual purchases when the market is bearish.
those who have the tenacity will hold on to their assets until the pump moment comes. but many beginners will not be able to cope with market fluctuations. Selling at a loss is probably one way to create a new plan that has a better profit percentage. such as selling altcoins at a loss, and switching to bitcoin for long-term holding. will require the ability to analyze and make better investment plans.

Rufsilf

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Quote from: Oceat on July 06, 2022, 06:56:31 PM

Quote from: Desmong on July 06, 2022, 06:37:37 PM

We can make money in the market due to volatility and profit can be made if we are trading the market now but the market looks very stable these days and nothing is moving. To make profits in the market right now can be very stressful and time consuming because we need to keep our eyes on the market to grab some opportunity when the market price changes in price.

This is the problem when the market almost stops moving because the changes would occur unexpectedly and that's why it's hard to earn profit during bear market especially when it's seldom to move. It's better to just buy and buy the dip than do trading since somehow the market would pump in no time and that's your sign to make a little profit then wait again for the dip although it's easier said than done but the amount of patience you need is vast to not get annoyed with your emotions while waiting.

However, still, many traders won't give up. Because as long as volatility is still present in the market, profit is also there. This is one benefit we get from crypto, being too volatile helps us to survive despite the bear season and even makes traders never lose their hopes.

Buy, buy, and hold - kinda be a great strategy for casual traders and investors. But for those doubtful individuals, I'd say you better not try as in the end, you will sell at loss.

Oceat

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Quote from: Desmong on July 06, 2022, 06:37:37 PM

We can make money in the market due to volatility and profit can be made if we are trading the market now but the market looks very stable these days and nothing is moving. To make profits in the market right now can be very stressful and time consuming because we need to keep our eyes on the market to grab some opportunity when the market price changes in price.

This is the problem when the market almost stops moving because the changes would occur unexpectedly and that's why it's hard to earn profit during bear market especially when it's seldom to move. It's better to just buy and buy the dip than do trading since somehow the market would pump in no time and that's your sign to make a little profit then wait again for the dip although it's easier said than done but the amount of patience you need is vast to not get annoyed with your emotions while waiting.

Desmong

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We can make money in the market due to volatility and profit can be made if we are trading the market now but the market looks very stable these days and nothing is moving. To make profits in the market right now can be very stressful and time consuming because we need to keep our eyes on the market to grab some opportunity when the market price changes in price.

virasisog

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Quote from: adzino on July 05, 2022, 10:23:46 PM

You make it sound like it is a piece of cake: Buy when the price is low (19k USD), sell when it is higher than before (20k) and keep repeating. Here is the problem, it doesn't always work like this. If it was this easy, everyone would be doing the same and would have massive profit. But it doesn't happen because most people end up making emotional based (mainly fear based) decision. When they see the price drop, they buy, and when they see the price dropping further, they end up selling thinking the price won't go back up again. Again, there might be cases where you sell high, but the price keeps on going up. And they "low" never happens and you end up buying high and miss the opportunity of holding and taking the profits.

What are the common mistakes that beginners do but those who are familiar with the market movement, I'm sure that they already know how to deal with this kind of situation not unless they haven't learned from their previous mistakes.
Handling our emotions the right way will always be the wisest thing that we can do to deal with the rollercoaster-like volatility of cryptocurrency. We have to make sure that if we invested for the long term, we're ready to control our emotions, or else, we'll make wrong decisions that can ruin our investing journey.

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You make it sound like it is a piece of cake: Buy when the price is low (19k USD), sell when it is higher than before (20k) and keep repeating. Here is the problem, it doesn't always work like this. If it was this easy, everyone would be doing the same and would have massive profit. But it doesn't happen because most people end up making emotional based (mainly fear based) decision. When they see the price drop, they buy, and when they see the price dropping further, they end up selling thinking the price won't go back up again. Again, there might be cases where you sell high, but the price keeps on going up. And they "low" never happens and you end up buying high and miss the opportunity of holding and taking the profits.

Russlenat

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Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

I did some trading stunt recently that made me to marvel. And am beginning to see my trading skills as a force to reckon with, i studied the market during last last 2 years and have realised that floating with the market can earn you good profits that you can imagine. Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

Trading in times of uncertainties like today when the whole market is deeply bearish, it just creates less hope for traders to succeed. It takes a lot of experience and expertise to finally succeed in trading when the market is down. That is why a lot of traders decided not to do trading when the market is unstable because it will only create unavoidable losses than to make possible gains in the market. Although others have come to succeed, but definitely most of the traders fail even if they have great strategies.

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Quote from: Piesel on July 05, 2022, 02:51:04 PM

I don't see too much bear market this year as the current Bitcoin market situation is a usual occurrence, take 2018 for example similar market situation happen and yet we still hard all time high in 2021 even after the covid situation. Your trading formula is not different from the normal trading in between the market price, but then you have to understand one thing Bitcoin has a highly unpredictable market. Very volatile.

2018's bear market was different and it's really like the biggest. From $20k of bitcoin down to $3k, and compute how percentage was that.

This time, we can say that this is a better bear market.

Although there's also the huge drop for the entire market but, bitcoin is still up and it's the ATH of 2017.

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Quote from: Pandu Geddon on July 02, 2022, 06:53:23 AM

Quote from: xSkylarx on July 01, 2022, 05:27:20 AM

Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

What if after you bought at $19k, it went lower? Your strategy is just simply buying low then sell high and anyone can do that but very hard to execute in reality especially if you're not that knowledgeable in trading and also crypto market is very volatile. Trading during this unstable market condition is very risky. It's much better to just hold your crypto rather than trying to gain some profit during this season.

Buy low and sell high are attitudes for investors. It is also in the planning for those who may be new to investing.
while for trading it definitely won't be that simple. Trading has analysis and skills that are quite difficult to learn. especially for trading in a downturn in the market. For those learning to trade, this kind of situation is not recommended. because it could trap our money in a correction we never calculated before.

Instead on patching up the current losses that you do have on your portfolio but if you do make out mistakes on your trades then it would really be worsen up the situation or making losses instead of gains.

Its true that trading wont really be guaranteeing out on making profits but of course it does have out those opportunities or chances for you to able to commit but if you arent that sure on making or taking
such action then its better to hold when bear market comes.

It would be more ideal and much safer if you do simply hold and come to mind that you wont really lose nothing if you havent sold out and this should really be put up into your mind
on where most people been freaking out whenever bear market comes and being too stressful on such condition.

Piesel

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I don't see too much bear market this year as the current Bitcoin market situation is a usual occurrence, take 2018 for example similar market situation happen and yet we still hard all time high in 2021 even after the covid situation. Your trading formula is not different from the normal trading in between the market price, but then you have to understand one thing Bitcoin has a highly unpredictable market. Very volatile.

MrcMrc

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Usually, when I think about how to save my savings or just about how I can work better in the current market conditions, I use the Amarkets broker demo account for work. It seems to me that this is quite the right choice.

Yes, the best time to save and buy more is during a bear market, the present market conditions are one of such conditions that anyone that purchases Bitcoin will gain massively, but in doing that one needs to be careful and smart to study the market chart.

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Quote from: xSkylarx on July 01, 2022, 05:27:20 AM

Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

What if after you bought at $19k, it went lower? Your strategy is just simply buying low then sell high and anyone can do that but very hard to execute in reality especially if you're not that knowledgeable in trading and also crypto market is very volatile. Trading during this unstable market condition is very risky. It's much better to just hold your crypto rather than trying to gain some profit during this season.

Buy low and sell high are attitudes for investors. It is also in the planning for those who may be new to investing.
while for trading it definitely won't be that simple. Trading has analysis and skills that are quite difficult to learn. especially for trading in a downturn in the market. For those learning to trade, this kind of situation is not recommended. because it could trap our money in a correction we never calculated before.

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Quote from: Oshosondy on June 30, 2022, 06:57:23 AM

No one is against swing trading, but it has to be learned and know how to avoid or minimize losses but maximize profit. I did not against swing trading, what my advice was about is that it is not good to hold fiat too long as described in the OP if you want to maximize profit. Multiple swing trading is not bad in 3 months, but just one swing trade in over 3 months or longer is what I am talking about, no one againsts swing trade here. The problem will be during bull market, the strategy will not help.

I am "sort of" against it. Because, there are better ways with the same amount of risk people are taking. I mean imagine the fact that we are in a situation where you are taking 50% levels of risk, and the returns are 70% for it, we can't put a data on these things normally but I am just giving an example.

I believe that there are better stuff with under 50% risk, with over 70% reward portion, so why pick swing trading when there are better options out there. The percentage numbers are of course example like I said, so it's not guaranteed and many would disagree with me, but I just feel like it's like that and I would prefer other methods instead.

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Quote from: MrcMrc on June 25, 2022, 12:11:47 PM

Take for example if you bought Bitcoin when the price dropped to 19k by now you will be making 30% profits so here is my strategy i hold alot of ustd>buy during the dip sell buy buy and buy again since am holding large ustd.

What if after you bought at $19k, it went lower? Your strategy is just simply buying low then sell high and anyone can do that but very hard to execute in reality especially if you're not that knowledgeable in trading and also crypto market is very volatile. Trading during this unstable market condition is very risky. It's much better to just hold your crypto rather than trying to gain some profit during this season.

MrcMrc

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Quote from: Oshosondy on June 30, 2022, 06:57:23 AM

Quote from: Coin_trader on June 30, 2022, 06:26:43 AM

But you forgot to consider that you can do multiple swing trade on the period of 2 months or 2 years on calculating the potential profit. The OP is actually right about his strategy, It’s simple and common but that is the best strategy on bear market like this since the price keeps dipping and correcting in short period of time and holding long term while there’s a clear sign for a long downtrend is just missing the opportunity to earn and increase your position before you hold for long term. You can always buy once there’s a confirmation of uptrend because you just missed some percent of profit compared to the person that buy the bottom but still swing traders has more profit in total due to there small trades during price swing.

No one is against swing trading, but it has to be learned and know how to avoid or minimize losses but maximize profit. I did not against swing trading, what my advice was about is that it is not good to hold fiat too long as described in the OP if you want to maximize profit. Multiple swing trading is not bad in 3 months, but just one swing trade in over 3 months or longer is what I am talking about, no one againsts swing trade here. The problem will be during a bull market, the strategy will not help.

I agree and understood the point swing trading is good but at the same time is more profiting to professionals have may have built good trading knowledge through long-term experience, making swing trading twice within 3 months is not too much but then I may rather follow the traditional methods learn from my trading experience.

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Quote from: Oshosondy on June 30, 2022, 06:57:23 AM

OP if you want to maximize profit. Multiple swing trading is not bad in 3 months, but just one swing trade in over 3 months or longer is what I am talking about, no one againsts swing trade here. The problem will be during bull market, the strategy will not help.

Multiple swing trade can be profitable very well if you reduce your risk because you have ease in waiting for the profit a longer time even beyond three months. Swingers usually enter multiple market and that is the essence of swing trade. A day trader can enter trade and exit within a short time but swinging is a longer time. Bull season too is good for swing, you can increase in profit if you enter rightly.

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Quote from: Coin_trader on June 30, 2022, 06:26:43 AM

But you forgot to consider that you can do multiple swing trade on the period of 2 months or 2 years on calculating the potential profit. The OP is actually right about his strategy, It’s simple and common but that is the best strategy on bear market like this since the price keeps dipping and correcting in short period of time and holding long term while there’s a clear sign for a long downtrend is just missing the opportunity to earn and increase your position before you hold for long term. You can always buy once there’s a confirmation of uptrend because you just missed some percent of profit compared to the person that buy the bottom but still swing traders has more profit in total due to there small trades during price swing.

No one is against swing trading, but it has to be learned and know how to avoid or minimize losses but maximize profit. I did not against swing trading, what my advice was about is that it is not good to hold fiat too long as described in the OP if you want to maximize profit. Multiple swing trading is not bad in 3 months, but just one swing trade in over 3 months or longer is what I am talking about, no one againsts swing trade here. The problem will be during bull market, the strategy will not help.

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