Topic: How you trade in uncertain times? - page 4. (Read 548 times)

Maybe just not trade at all if you are not certain about what you are doing? I personally understand the logic that you want to make sure you know what you are doing, but sometimes we need to realize that we are not really doing anything that we need to be doing. Some people make some money the way they want to make and some people just lose money in the end, there is really nothing that could stop that, and we should consider getting better with time.

I personally believe that the best thing to do would be just recovering from this fact and not going on it at all. If you fear that the times are uncertain and trading is hard, just stop and keep it long term and hold until you find times to be a lot better eventually.

We need to know for beginners before entering the world of investment or trading in it that prices need to be known that no one can predict accurately, investing is full of risks. Not all alts are hated by everyone, typical people are of course different in determining their targets in choosing the assets they want to own, investors still have a lot of interest in alts, meaning alts that have very good quality or fundamentals. Agree with what you said, we can't just focus on one asset, we can look at other assets to get income or profits from investments Experience is very valuable or very important in choosing an asset

It's a nice enquiry, but first know that the traders/investors who are trading long-term do not have to worry much about the uncertainty of the market. All they need to do is to ensure that they know their technical levels to know what the market is doing, and since they are trading long term, it will be difficult for the market to hit the levels that they will consider as a reversal that would warrant them to either close their trade, liquidate it or the trade hit the stop loss by itself. Emphatically, technical analysis is the best type of analysis in the market, this is unless you do not know how to use it well, as it will tell traders everything possible they need to know regarding the market and will also suggest to them what they will have to do in any market situation.

However, in uncertain times, the market can be so unpredictable, so if I am a short-term trader, I will not bother myself to trade at that time, that's just the solution. Otherwise, you will be wasting money over and over again because the market could be confirming the buy signal and sell signal at almost the same time. Nonetheless, if it is an investment, then it is safer, and you can hold your investment because it is not something that will be affected so much in this situation since it is all about long-term analysis and pattern, so it is mostly covered during uncertain times.

I only advise traders to liquidate their position in investment only if the monthly chart turns bearish in a more determined view.

In uncertain, I trade more patience and can't make short term trading target behind many altcoins or bitcoin its self price stuck and difficult raise to higher price. Its my way of trading when uncertain time but every trader has their own way or strategies keep effective earn profitable although in uncertain time in trading.
For me, keep focus with not many coins for checking or analyzing because always get separated few percent moving up or down and take opportunity as more patience waiting when raising more lower price. Indeed get more longer time waiting price moving up but its most effective strategies trading when uncertain moment in trading. Don't make your self on pressure when trading should be taking profit in daily day or not behind market price can't moving up in short term.

I usually use stable coins to park capital before making a purchase, so that if the price enters the buying area, then I can buy with that stable coin. Indeed, trading on large exchanges is more profitable, and also don't forget to choose the top coins to make trading pairs, because it will be easier to analyze them, rather than new coins which are more volatile.

I'm using dual investment at binance trading, and I saw stable profit despite of uncertainty. Though I gain lesser returns it seems I got stable and secure trading and I definitely made my asset more secured compared with other ways like with futures. I haven't experienced yet with stablecoins, only ethereum was the one I got for a meanwhile because that's more profitable than other alts in my own opinion.

Trading is mostly profitable if you know the market is favorable to trade, but if there is uncertainty and you are not confident on your trading strategy, or whether it will work or not, it’s best to just leave the market as it is and don’t risk your funds in trading. Sometimes, the best way to stay profitable is to never trade at all, most especially if the market seems to be not going on your side.

Trading is not just a skill game, but definitely a mental game as well. Knowing when to trade and when not to shows that you are trading responsibly, by not chasing profits even if the market is incapable to.

If you know the currency is not stable and cant predict the good time to trade then its better not to trade, that is also why its better that you have a lot of options, I mean is that I personally have some currency that I currently engaging so that if I dont see a clear view, price movement or prediction in one of the currency I'm investing in then I would look for the other currencies , that's why I dont understand others that they despise altcoins, altcoins are profitable you just need to find the altxoins that has the potential through analysis and such, and based on my experience and trading, I'm saying that I still earning while trading some altcoins and sometimes in shit coins, you just need to make your own opportunity.  So that you could make any currency profitable on your own, skills, knowledge, and experience are very important.

What I did is that I keep myself focused on small earnings rather than hunting big. I take the opportunity to sell when there is a price increase and not wait for its peak, at least if I could make 1% of every successful trade, I'm already happy and feel safe. It is really a matter of choice of coins and I use different styles of trading depending on the situation. Sometimes we also apply holding especially in times of correction. We need to listen to the market movements and not all the time is good for trading, there is time also to pause and wait for the price to recover as it is difficult to trade when the trend is declining.

Yes, this is true on which on the moment or time that you dont have some good feeling on making up some trading with the market condition then it would be better that you should skip or call it a day. The market wont really be lacking or would be in short of opportunities or simply it would be always having that chance or moments on which you could enter on the right time. There are really indeed conditions or situations on which you could feel
so better skip up and wait for another day because you would be making some trading again. Plus, trading into those moments on which you do have that kind of odd feeling doesnt really bring any good to you since you are having that bad feeling or odd one then it would really be just that stopping you on making good analysis since your mind is been bothered and this is something that must be avoided because it will really be giving out that huge effect  into your trading which it would really be that a disadvantage. Market could really be worst because it could go up and down like a roller coaster, its whether its been affected with some sentiments or
having no reason at all on which it would really be that so hard to point out on whats the actual reason on why the market is something like this. On the moment that you do have already experience in the market then you wont really be making yourself having those shock or having those surprises on how this market behaves or works and since you are getting used to it then you do have already the idea on what you should gonna do on that particular point or moment.

Taking profits in stable coins first so that I'll decide if I'll buy back or I'll going to convert it into fiat. That's always part of the plan because before I just trade directly from crypto that I trade and hold to fiat without going through a stable coins until the time made me realize that it's a good strategy to stay it there first for me to decide whether I'll be going back and do some quick buy back and if not, that's going straight to my pocket literally.

it's the piece of advice i took from a forex trader actually. so originally it's not mine. 

i couldn't find the exact line where i read it but basically, it says something like this;
if you find yourself in a market position where you have no idea why you entered an unsure market, you might as well exit because 90% possibility that you will lose.  always bear in mind that the trend is your friend.

Perhaps, just go with your instincts which sounds like gambling but not really, you have the chart and you notice that something is ticking when you see sudden spike or liquidation then all you can do is just what you feel at the moment.

To save your capital from liquidation, using stop loss is enough but technical analysis, strategies and whatever we know about trading will not guarantee you the profits either so just go and do what you wanted to do, and accept the results with no hard feelings.

Hmm a good piece of advice, but as we all know the impatience and greed of getting something out of such volatility cant be endured by everyone so people mostly fall into the traps, about which they always guide others to stay conscious.

My recommendation to the newbies in the Bull market is to stay calm and keep accumulating whenever you feel the right entry point it has nothing to do with the TA and Physclology just stay in touch with the market you'll know the points the enter such as major dips.

when the market is uncertain, it may just be good to stop trading and wait til you see the market trend is visually useful for you than just blindly trying it out in the dark.

most of us have a strategy of our own but most of us in crypto understand the cycle to follow which is almost the safest way to do it. unless you are up to scalp every satoshi you wanna get.

When you are on such condition on which you are really that uncertain with the actions that you are tending to make just because you do look that the market isnt something that good for you to trade or dive on then
it would be better that you should really make out some break or having some pause on dealing up with the market because on the moment that you are feeling up on this way then you cant really that think off well on the things that you would really be that tending to do just because you've seen that the market is really that hard to predict as always or something you have that feeling that it is really that too gloomy
for you to make some entry or involvement. It is one of the wise actions on which having that kind of observation on making condition.

Although if we do think up generally on how this market works and behaves then it would be that always that unpredectable or something that would be random.
When it comes to opportunities then it would be something that cant become zero on which opportunities could really be there and its up to someone whether they would really be making out
some involvement or not which it would really be just that depending on them.

The market isn't a perfect place for assurance. That's why speculation is the order of the day in this industry. If the market is very volatile and I don't know what bias (direction) to follow, I steer clear off the market. I don't like trying to dictate to the market what to do because I feel compulsion towards a particular direction. No! That's a wrong move. Besides, there's no point being in the market when one doesn't have any business doing so. No one has to constantly be in the market because one wants to wear that "I'm a trader" tag. What matters in trading is the profit one makes and not the number of times one trades.

If you feel you are not sure with the market, you can always hold to the coin you most preferred for long-term like btc. I won't trust much USDT or other centralized stablecoins, as they are still managed by people you have no idea what their next plan is. I always keep in mind the time (I believe it was 2019) when USDT team admitted that they are not totally backed by fiat. So with the current situation, I won't totally trust that they are fully backed or whatever they are saying to public. No harm done if you have reservations as it is your funds.

Crypto Community Reacts to Tether Admitting USDT Not Fully Backed

Personally i will say if you’re not that type of person that can handle swings of the crypto market then I will advice you stop trading and just invest into coins and do a long term holding it is more save than trading. Although while you engage in trading you can also just utilize the swing trading pattern of a trading a particular trade for over a week.

As for technical analysis strategies, my advice is just master one particular strategy and do not go moving from one strategy to another. Just backtest your strategy multiple times till you perfect it on a single trade. You don’t need to trade many of the pairs just one which align with your strategy is ok.

Yes you can diversify but I don’t see buying bitcoin and adding other Altcoins as actually a portfolio diversification and my understanding was that bitcoin controls the market. So if you’re looking for coins to avoid volatility then altcoin is a runaway place for you. Altcoins are far volatile than bitcoin

There is no doubt that the market is now in a bullish state but a trader should not be in a hurry to get too much. I have seen some traders who invest without any kind of analysis. They think that investing at this time can be profitable, but the reality is against this idea. The market is now hovering around 67k but the altcoins are still not bullish. Investor must verify before investing. I invested a portion of my investment at this time but also stabilized a portion there. Because I know that the market can turn at any time. Also, if there is a slight correction, I can add some more investment there. All in all I hope to exploit the volatility and expect good things to come out of it. It is also important to invest while diversifying your investments, observing which assets are profitable during uncertain times.