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Topic: Is it worth using the Stop Loss when the market is in the bottom? (Read 265 times)

full member
Activity: 714
Merit: 160
I think is worth it using the Stop Loss to decrease the amount of losses money that we have. But you should consider the risk of regret that will happen if your coin price climbs back up after you are already using stop loss...
hero member
Activity: 1932
Merit: 504
I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?
Cutloss was commonly used by swing or day traders but for long term most people do is adding or buying more when market is going down to lower your average buying price. And if market is bottomed already I don't think cutloss is s good strategy to do maybe adding more or buying is the best thing to do to lower your average buying price
Cut loss in long term trading will only make us waste time, and it is not good if coins that we hold for long time and we cutloss it, and then it's price climb back up. For me i will agree with people who said stop loss is good for daytrader.
full member
Activity: 546
Merit: 100
strategies that may be applied to either. However, when the market was already falling in too deep I guess it's too late to do. of course, it would be better when the hold of on should feel the loss of capital and will become accustomed to this if it is bad to be felt.
That's right, so if the price decreases while your funds are stuck at that high price, I suggest holding back the funds you have and not selling them at low prices, because the funds we have will get a big loss if you sell them at the lowest price. I think if you want to do a stop loss when the price drops only a few levels, not when the price has fallen so deeply.
sr. member
Activity: 770
Merit: 250
strategies that may be applied to either. However, when the market was already falling in too deep I guess it's too late to do. of course, it would be better when the hold of on should feel the loss of capital and will become accustomed to this if it is bad to be felt.
full member
Activity: 406
Merit: 100
I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?
Cutloss was commonly used by swing or day traders but for long term most people do is adding or buying more when market is going down to lower your average buying price. And if market is bottomed already I don't think cutloss is s good strategy to do maybe adding more or buying is the best thing to do to lower your average buying price
sr. member
Activity: 1652
Merit: 262
pretty good, but at least don't sell too fast. to cut loss, better hold and if you really have not dared to increase your investment. at least don't sell and keep holding.
full member
Activity: 644
Merit: 101
We will never know which level price become bottomed because when the price of crypto crash to 80% there are possibility the price crash again to 90% so that why we should be use stop loss whenever we make open potition. Even many altcoin was crashed to more than 90% so stop loss is very important to use and we should be discipline to use it any times we trade.
full member
Activity: 1130
Merit: 133
I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?

Hold your coins if you can't take bleeding. With the market like this, its inevitable to earn with your desired profit. Stop loss is good if you knew how to do it well.
in current market better to hold our asset.we could suffering lose if we cut loss meanwhile reached the lowest price and only wait to recovered to highest price again.
sr. member
Activity: 588
Merit: 250
Don't be like that, because it's too deep to Stoploss.
Maybe you better StopLoss when Bitcoin estimates are reduced by about 3-5% in the wallet.
Because if Stoploss is below that there is a lot of loss.
jr. member
Activity: 69
Merit: 1
I think it should be used always, and tembolee in this market. after all it is better to lose 10% than to leave immediately in a minus 50%. and if you stop the los can be purchased at a lower price
sr. member
Activity: 616
Merit: 250
I personally think that in cryptocurrency market trading we don't need to set a stop loss.
As we know that cryptocurrency market keep on fluctuating.
sr. member
Activity: 952
Merit: 308
please use it just in case when prices fall far, set with a loss of 3% -5% because that is the ideal percentage for losses.
many people who don't put up stop losing and they regret when prices go down far, they think prices will rise again, so always install security on your assets
newbie
Activity: 29
Merit: 0
Any market has its own unique rules, and it is impossible to stay the same. I personally think that when the market is at the bottom, it is the best opportunity to buy. You can consider portfolio investment. Long-term investment is the best way to get rich returns.
full member
Activity: 280
Merit: 102
I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?

Terribly bad idea.

By doing this, you are already at a loss, and are doing nothing but locking-in your losses. If you truly believe in the value of your investment (and you should in the first place before investing) the smart move right now would probably to just hold and wait for the market cycle to uptrend.
jr. member
Activity: 518
Merit: 1
Stop-Loss method is always beneficial and we should continue to do to increase our investment whether market is down or low,  particularly if we are doing trading.
member
Activity: 532
Merit: 10
If it's too fall deeply in better hold only. using that way will only make huge losses. If the recent losses are just a few percents then the way it was natural to do. with secure can also by holding down and be patient and thus more promising especially for the long term.
sr. member
Activity: 826
Merit: 265
I have used the stop loss to protect my investment, but with this market bleed, I have doubts if it is worth using Stop Loss. What do you think?

It depend on how dip the value of your coin has,because i believe that if 30% value of your capital has been lost so better continue holding and forget about the stop and loss strategy otherwise you will be burden to more dipper as we all knew market is recovering even if it took a long time whats important is you may gain the losses and may profit enough from that said recovery
member
Activity: 252
Merit: 10
First of all, it's up to you. If you judge the market is at a bottom, you don't have to do anything.
Because the market may soon have a big rally, if you sell, you may miss the profit.
newbie
Activity: 132
Merit: 0
Personally feel that it is necessary, this is just a personal strategy and method for you. If you are a careful and careful investor, I suggest you set your own stop loss point because the encryption market is very volatile. However, as a newcomer, it is easy to be trapped without knowing the market conditions, and it is easy to make wrong decisions in case of panic.
hero member
Activity: 1274
Merit: 516
Stop loss is very important in every trading, it will help you to prevent more lost, and it is useful in every condition whether bull market or bear market, and in bear market stop loss could be very useful because the tendency of the price to keep on sliding down
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