How trading during bear market can save your portfolio - page 5.

stomachgrowls

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

If you do really have the funds then you could really always able to utilize and able to jump into any opportunity that you could really think off with but the main challenge here is on determining on what would be the possible bottom price. No one had really anticipated on whats the bottom price of this decline.Good for you that you do able to get in 19k but be dont really that confident considering
that we arent too far off with the recent price as of this moment on which there might be still tendency that we might go down again.

Therefore, if you do go for short trades then its not really bad to sell out with 30% gain and since you do have some USDT reserves then accumulating as much as you could
will really be that ideal but of course it would be depending on your intent whether you would go for short or long term holds towards btc.

Tomohisa

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If it took him 2 years to understand this mechanism of buy low sell high then I think he's still young and has much to learn. His thinking is quite simple and only works when the market recovers quickly after a dip. If he can't time the right dip, he will be stuck holding a bag when the price drop lower. Cutting loss too early when it was on trend to bound back, fake bear trap,... Yup, still a greenhorn.

teosanru

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

See what you are saying is common sense and no major secret. If you have to make money you have to buy during the dip and sell when the price goes up but this is what is basically very difficult. From what I have understood your strategy is that during this bear time one should wait for a dip and buy it and then wait for the recovery to sell it. But the problem here is when do you call that there is a dip? chances are that dip might immediately recover without giving you a chance to enter or even worse it might lead to further dump without any correction in this situation you get a really hard time because even the correction might be lesser than your token price.

abel1337

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This is the typical thing that non traders think, Buy low and sell high but in reality it's more harder. Of course you can make a profit doing it but there is a lot of efforts and background works that you need to do such as doing technical analysis, fundamentals and other things that can make your trade more accurate. Market is unpredictable, There's a chance a very big chance that you can buy at a lower price but the price can go lower which could result in losses this is why you need to make some efforts to improve or backed your trade.

MrcMrc

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Quote from: Oshosondy on June 25, 2022, 01:35:50 PM

Snip

Buying low and selling high are the elementary trading techniques that have been effective right from time, but then we have to take more proactive action to be able to flow with the market. At the moment the price of Bitcoin is stable at @21k but then what way can a trader go since the price is either low or high at the moment. But I know it is better to buy at a low price than sell when the price increases but with a long duration of time.

topman21

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

The main purpose of trading is to invest in the time when the market is dumping a lot For example, when Bitcoin was at $17k if you could buy and invest in Bitcoin, you could make a lot of money in just a short period of time.For this you have to keep an eye on the market all the time and you have to participate in the trading according to the opportunity time.But of course, if you have USDT, you can have more benefits and advantages.

tvplus006

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Quote from: MrcMrc on June 25, 2022, 01:11:47 PM

...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.

You gave an example of a classic successful trade, when they sell high and buy at a low price, but the reality is different. In practice, it is quite difficult to determine the bottom and, accordingly, the moment of buying coins, it is also difficult to determine the moment when it is necessary to sell them.

ethereumhunter

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It's good for you if you try to buy when the price is down and sell when it is up. That strategy is quite reasonable to try at a time like this because the price of bitcoin can go up and down repeatedly so we can make a profit. But profit by using that strategy is not easy because it requires experience and knowing when to enter the market. But if you buy bitcoin, the price goes down again, you don't need to worry because the price of bitcoin will go up so you can sell it.

azhot

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Of course, now is the time to buy, as long as you don't invest everything and program entries based on levels, that's what I'm doing

palle11

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Quote from: jackg on June 25, 2022, 03:31:20 PM

(hodling or setting a buy at price before you buy and holding thereafter feels a much safer strategy).

I think sometimes setting a pending order and instead of jumping in at any little sign that looks like it (whilst it is a trap) can safe a calamity or bad trade experience for you. Imagine you set an order around $18k for further sell and the price didn't get down there at $18k but got to $18,500 and bounce off to buying mood, this would safe you from losses if you had jumped in for sell and the price is buying mood. Sometimes pending orders are really good.

crzy

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Quote from: ?? on ??

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.

You can use any platform that you want, but still the result of your trading will depend on your strategy so its always good to trade with the right mindset and strategies. Bear market gives opportunity to get good coins at a cheaper price, if you are trader you can short with those good coins since we know, they tend to bounce back and they are more active for a pump and dump trend.

DoublerHunter

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

^ Buy low and sell high was still a very effective strategy in trading, this strategy usually uses for those traders who are lack knowledge in trading which is pretty safe but you don't have an exact time to know when you will harvest your profit. During the bear market, you can also buy crypto assets little by little, for example when there is a new bottom price, purchase a little and hold it, time will come those you purchase will become expensive in the market like what happened to BTC.

goaldigger

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Quote from: Piesel on June 25, 2022, 05:09:39 PM

Buying low and selling high is a simple strategy but then the price direction is highly unpredictable, so your analogy may not be accurate at all times since Bitcoin price cant is predicted, ask yourself what if the price goes opposite what you proclaimed in your trading strategy.
Am not a passive trader any ways am more of a holder than a trader and i will say it is better to buy low and hold for long time and again ops that your 30% calculation is inaccurate considering Bitcoin present position.

Have a good strategy on analyzing and you can be good, right now TA works and those traders who are responsible enough are already winning on this bear market. Trading works and it can be more profitable if you do it perfectly, though its really unpredictable but if you have strategies to counter that, there’s still a higher chance for you to get the profit. If you have more funds to catch the bottom, that’s better.

Jody.Drummer

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Quote from: Oshosondy on June 25, 2022, 01:35:50 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 monoths 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.

There is a saying that spot trading only takes pennies, while investing in the long term makes you richer. No wonder why buying and holding Bitcoin is the most ideal portion of the option. unless the OP does it on an altcoin it won't be too much of a problem. Unfortunately selling Bitcoin only takes for a little bit can't bring back the same situation in the future.

Piesel

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Buying low and selling high is a simple strategy but then the price direction is highly unpredictable, so your analogy may not be accurate at all times since Bitcoin price cant is predicted, ask yourself what if the price goes opposite what you proclaimed in your trading strategy.
Am not a passive trader any ways am more of a holder than a trader and i will say it is better to buy low and hold for long time and again ops that your 30% calculation is inaccurate considering Bitcoin present position.

molsewid

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

If a trader knows the perfect time to buy since he already know the trend in the market, he read charts and volume, making TA's then it will be beneficial to him that it is bear market. Saving usdt for future use is good, for example you always chooses a trading pair with usdt then it is kinda good since usdt ain't go low too much. I am using this simple strategy as well, but timing is really hard.

jackg

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Quote from: logfiles on June 25, 2022, 03:21:52 PM

I know of instances where someone blew up an account that had 40K worth of BTC when Bitcoin was trading at 50K during the drop trying to buy dips, and now they have only 9K left.

I gave up on working out where the price was going to go around $40-50k this time - the last time we reached it - (I imagine that could've been near the time they invested).

Trying to trade swings like these feels a lot like you're going to be dragged into trading based on emotions or spending a lot of time trying to cut your losses or hope (hodling or setting a buy at price before you buy and holding thereafter feels a much safer strategy).

logfiles

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Quote from: MrcMrc on June 25, 2022, 01:11:47 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.

Easier said than done. Timing a dip is not that easy as you think. When BTC broke through the 29K Support all the way toward 20K. Many though 25K would hold, but it went past it like it was nothing.

Well let's look at a scenario when BTC dropped or the way to 13K, Would buying from 19K still look like a good idea according to your strategy? I doubt it would.

I know of instances where someone blew up an account that had 40K worth of BTC when Bitcoin was trading at 50K during the drop trying to buy dips, and now they have only 9K left.

Oshosondy

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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.

MrcMrc

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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.

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