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Topic: How you trade in uncertain times? (Read 574 times)

hero member
Activity: 952
Merit: 555
20BET - Premium Casino & Sportsbook
June 07, 2024, 02:04:19 PM
#89
Many would prefer holding down when times are not favourable for them to trade because of the unpredictable nature of the market and high volatility which sometimes make sit appears unpredictable to speculate well on what the market may turn to, but still yet, some are taking the risk and go into trades because they believed also that in such period lies when they can make their own very opportunity which may cause them to make more profits.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
June 04, 2024, 02:34:23 PM
#88
You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.
In my opinion the reason people think like that is that they have a flawed vision of what trading is about, they think of traders as if they could forecast what the market is about to do with complete accuracy, but this is not really true, so when adverse conditions are present on the markets, the best move is in fact to not trade at all and wait for the market conditions to improve, this is similar to what people would do in the case the weather was really bad, so if the place where you lived was being hit by a hurricane, would you keep doing the things you do on your everyday live, or would you stay at your home until the hurricane went by? And it should be obvious which one is the correct answer.
If you are really that in doubt then it would really be best that you shouldnt really be doing any trading at all or having some break rather than on making yourself having those forceful kind of trading on which we know that this isnt something good because you cant really think up well specially if emotions is really that setting in. Come to think that this market is always something like this on which it cant really be predicted on where it would really be going this is why when we do speak about uncertain times then it is always be on that sate. Somehow it would really be making out those huge moments or significant ones on the moment that there would really be some sort of news or fundamentals. It would be just that depending on how you would be that making yourself handling on these market conditions.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 04, 2024, 12:57:31 PM
#87
You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.
In my opinion the reason people think like that is that they have a flawed vision of what trading is about, they think of traders as if they could forecast what the market is about to do with complete accuracy, but this is not really true, so when adverse conditions are present on the markets, the best move is in fact to not trade at all and wait for the market conditions to improve, this is similar to what people would do in the case the weather was really bad, so if the place where you lived was being hit by a hurricane, would you keep doing the things you do on your everyday live, or would you stay at your home until the hurricane went by? And it should be obvious which one is the correct answer.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
June 01, 2024, 11:54:02 AM
#86
You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
May 31, 2024, 01:05:19 PM
#85
After all these years, I have come to learn that we can make money in all kinds of trends.
There are basically 3 trends i.e. bull, bear and then the sideways trend which are all favorable to make some decent profits.
Everyone has a different strategy and it is the based on that we can make profits.
No one strategy will favor a trend, you will have to keep looking for it and keep tuning it to make profits.

In bear season we cannot make money but we can make investments to be profitable in bull season because bear season is the only better time in which we can buy our favorite coin at a lower price. Bull season is to take out your profit if you have already invested in the coins the worth of which has been increased so only those can take profit who bought the coin at a lower price and the hold coin is a worthy one.

Selection of trending coin is also a good choice but I think holding a trending coin for years is not a wise idea therefore one should follow different strategies by realizing that which strategy is suited well to your asset. These days meme coins are trending so one can make profit by buying and selling some good meme coins but keep in mind that meme coins are only profitable due to its trend otherwise there is always a lot of risk with its investment.
member
Activity: 919
Merit: 19
Do it For Better Humanity (Bitget trader)
May 31, 2024, 09:46:56 AM
#84
I only long when I see that the bull market is close like this. But I do set stoploss because of market volatility. And it's been working out well. Although, I do miss some short opportunities normally but I always feel like the best decision is to long wisely at a good entry point.
jr. member
Activity: 1708
Merit: 3
May 31, 2024, 09:04:41 AM
#83
Don't trade in bad market for long now I have lost alot of money doing that before. I now prefer to wait for good set-ups that presents itself in good market before I can put my money ,don't need more losses in my account anymore . Almost lost my account awhile back that is why I am more careful in trading nowadays
member
Activity: 560
Merit: 18
Eloncoin.org - Mars, here we come!
May 30, 2024, 06:26:07 PM
#82
Right now it’s not uncertain times, we are still in a bull market. Blackrock etf is still adding bitcoins to their portfolios for clients who buy the etf.

Uncertain times are more like 2015 or 2019 where we weren’t sure if crypto was dead or not. Price went nowhere. People just withdrew their crypto because market was not going anywhere.

Those are not the same times as now.

     In the season we are having right now here in the crypto space, there is no doubt that we are really in a bull run, although at this time we are still in the current correction we are facing due to Mt. Gox's endless fud. I just read this in an article.

     Anyway, I am currently doing day trading activity on an exchange where I have assets somehow. I'm still studying now because my knowledge is only superficial, but even if I know a little about trading, somehow I can apply the rest to the actual trade itself to get a profit—not every day, but at least there is one every week.
hero member
Activity: 1050
Merit: 844
May 30, 2024, 04:38:24 PM
#81
Knowing the fair market value of any particular crypto currency on the open market as at the time of wanting to trade is a big determinant to making profitable return or loss during trade either in uncertain times or in the times when it becomes very necessary to diversify ones portfolio to include other coins and tokens as investment for future or present goals.
It seems that there needs to be a separation between entering coins or tokens that you want to invest in for long-term future purposes and trading purposes for a certain duration of time via the market. Because seeking profits through investment can be very different from seeking profits through trading which can be done temporarily on certain tokens or coins only through the current market. So it is very necessary to separate these two things so that it does not make it difficult for us to make better decisions and choices for our own portfolio.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
May 30, 2024, 04:21:56 PM
#80
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.
Actually, I'm not a regular trader or not the kind of day trader. But I am doing such trading activities in certain times. Yes, I am also well aware that market fluctuation and volatility cannot be controlled and cannot be avoided. However, lately, market movements have been quite fast and very difficult to predict. Even the opening days of each week are quite different, the cycle is no longer the same as before. therefore, sometimes it is quite difficult for me to manage it.

That's why, lately, it's enough to stop first while studying market conditions and cycles. So, this is done to reduce the risk of loss which has been happening to me lately. Indeed, sometimes we need to stop first to understand more deeply about what we should do next if the strategy we usually use no longer applies or is no longer working well. Because there is definitely something that needs to be adjusted or updated according to the conditions that occur in the market.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
May 30, 2024, 11:32:47 AM
#79
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.

If it's very easy to navigate and walk pass losses and my experiences I want to share are as follows.

-Don't trade at all: it might sound harsh but one of the ways to avoid loss in trading is to never trade at all, there is no need to force a trade when the condition aren't favorable particularly when the market is choppy without volatility, there is no need to trade when the market is not going to give much profit than what you are risking(risk management) and finally avoid trading when your conscience tells you not to, it helps sometimes.

-Learn to use tight stop-loss: I was having a conversation without one guy claimed to be a trader and he was arguing that one don't need stop loss in future trading and insist, his claim was that as long as your trade is not closer to liquidation price, you don't need to worry about stop loss that the market always comes back and then I told him what if in that process it never or something terrible happen to the market and he was silent. There are something we can't just control and to avoid it, take precautions and your measurements is using tight stop loss.

-Work more on your technical and Fundamental analysi: You can't enjoy trading without understanding how the market behave, you need to understand fundamentals news of any coin you choose to trade and learn to use that with technical to make your trades.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 30, 2024, 11:28:04 AM
#78
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.

After all these years, I have come to learn that we can make money in all kinds of trends.
There are basically 3 trends i.e. bull, bear and then the sideways trend which are all favorable to make some decent profits.
Everyone has a different strategy and it is the based on that we can make profits.
No one strategy will favor a trend, you will have to keep looking for it and keep tuning it to make profits.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
May 30, 2024, 09:54:38 AM
#77
The market is really unpredicatable, especially if you are a day trader who does daily trade with the timeframe playing between 1 hour and 4 hours. Sometimes, when you notice that you are only using spot and not futures, you will feel it right away.

Because what you think should be like this will not suddenly happen because its direction does not agree with the analysis you made using some indicators that were used,
you know what that means.
hero member
Activity: 616
Merit: 749
May 30, 2024, 09:03:46 AM
#76
Understanding the market situation is perhaps necessary. Trading during uncertain times is just like gambling, hoping for some luck to make a profit. There is no easy way of doing it but as a trader, we know what we gonna do that particular time and the strategy I see is to slow down and be patient because the market is not moving fast, unlike during bull season. That is why a trader doesn't just know how to trade but also how to hold. Patience is very important in trading and that also leads us to success whatever the situation we have.

There's nothing like trading during uncertain times, what you call uncertain times are what smart traders use in making profits. The market is available always for you to make profits, you just have to be able to analyzing correctly so you don't enter the wrong trade. Your analysis mightn't be accurate always but it'll give you an idea of what is likely going to happen to the market and you can use that knowledge to make profits. Every time is an uncertain time in cryptocurrency as nobody knows what'll happen next.

During the bull market, there are times when the market gets bearish and during the bear market there are times too that the market might pump a little because of some positive news that the market receive so lets not think that the market moves in other one way, there are reasons why the charts aren't in one direction but like a wave that moves in opposition direction frequently. You can trade in all conditions of the market and make profits.
full member
Activity: 980
Merit: 237
May 29, 2024, 06:59:25 PM
#75
There are certain strategies of trading. If you follow them it is possible to be successful in trading. Like analyzing the market situation and then trading. Do not leverage too much. Do not trade repeatedly. There is a possibility of losing capital as a result of repeated trading.  Greed should be restrained in trading. Repeated trading in the hope of more profit risks losing capital. And newbies are seen doing the same.  Which causes them losses and creates trading diversions.

Knowing the fair market value of any particular crypto currency on the open market as at the time of wanting to trade is a big determinant to making profitable return or loss during trade either in uncertain times or in the times when it becomes very necessary to diversify ones portfolio to include other coins and tokens as investment for future or present goals.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
May 29, 2024, 05:52:57 PM
#74
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.

I'm keeping some USD to buy more when the price falling to where I put my buy order, when something uncertain happen it's better to avoid leverage trading cause price can fall suddenly and make your trade liquidated. Always use TA when we want to trade and look for the TA result, know the risk if we enter the market now because not everyone ready for FUD out there. 
sr. member
Activity: 1274
Merit: 457
May 29, 2024, 04:29:47 PM
#73
There are certain strategies of trading. If you follow them it is possible to be successful in trading. Like analyzing the market situation and then trading. Do not leverage too much. Do not trade repeatedly. There is a possibility of losing capital as a result of repeated trading.  Greed should be restrained in trading. Repeated trading in the hope of more profit risks losing capital. And newbies are seen doing the same.  Which causes them losses and creates trading diversions.
legendary
Activity: 3094
Merit: 1127
May 28, 2024, 04:59:19 PM
#72
We all know how volatile the market is right now especially since we are still near the all-time high. With sudden price swings and unpredictable trends, traders need to be ready with some strategies.
So, what strategies can you advise especially in protecting our capital, some technical analysis strategies? OR some diversification tactics between stablecoins, bitcoin, or altcoins?

Share some of your experiences or tips on effectively trading in these uncertain times.
If you are uncertain then just dont simply make any trades.  Cool

There are really those moments or times that you would really be skeptical on making any trading decisions on which you would really be bothered on making some entry or even exits.
On the moment that you are in verge in between trading up or call it a day then it would be best that you should be having a break or would be skipping out.
Market is really that volatile at the same time there are moments on which it is really that moving sideways or really that having no movement at all.
hero member
Activity: 2982
Merit: 610
May 28, 2024, 04:46:57 PM
#71
Right now it’s not uncertain times, we are still in a bull market. Blackrock etf is still adding bitcoins to their portfolios for clients who buy the etf.

Uncertain times are more like 2015 or 2019 where we weren’t sure if crypto was dead or not. Price went nowhere. People just withdrew their crypto because market was not going anywhere.

Those are not the same times as now.
Well, you have a point. The market is not at its uncertain times actually as we are heading for a bull run within the next few months. And because of that, trading at this moment may not be attractive as majority are buying and hodling to ensure good amount of bitcoin before bull run happens.

Now, talking about uncertainties in the market, trading is not best option if there are any. But if you are an experienced trader and you know on how to make profits despite of its market uncertainty, then trading could be considered.
legendary
Activity: 2450
Merit: 1140
duelbits.com
May 28, 2024, 04:44:55 PM
#70
Right now it’s not uncertain times, we are still in a bull market. Blackrock etf is still adding bitcoins to their portfolios for clients who buy the etf.
Agree. It is clear that we are in the bullish season and we are likely not reaching the peak yet. This should be easier to trade because the prices of crypto coins tend to increase more. Even if we have some dumps or big correction, it should be temporary. We can see the price of Bitcoin and altcoins to begin raising again well. TBH, I think to more comfortable trading in this season than in 2022-2023 (bearish season).

After Bitcoin ETF is approved, the future of Bitcoin and crypto market look brighter. Moreover, big companies like MicroStrategy still continue accumulating Bitcoin, it is a good sign for sure. We have no reason to feel worried and assume it is uncertain time.  Wink

Uncertain times are more like 2015 or 2019 where we weren’t sure if crypto was dead or not. Price went nowhere. People just withdrew their crypto because market was not going anywhere.
2014-2015, 2018-2019, and 2022-2023 are the period of bearish seasons. So it makes sense if we feel it is uncertain time. There were many FUDs or negative news in the years, it triggered the price of all crypto coins to be freefall. Anyway, even if we have uncertain time, it doesn't mean crypto market will be dead forever.  Smiley

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