Author

Topic: Is it worth using the Stop Loss when the market is in the bottom? (Read 260 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
SOL.BIOKRIPT.COM
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: 1017
Merit: 107
Axioma Holding - Axioma Pay Crypto Card
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
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
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?

I thinks this is insane on making a trading in bleeding market situation,but anyway thats your idea and we respect for that your stop loss idealistic way,otherwise theres some news feed thats theres coming a big bullish in this remaining months of this year,maybe in this idea you this is the time you can gain good profits and those your loosing capital you can regain.
copper member
Activity: 322
Merit: 8
Why would you be trading in a bleeding market in the first instance? Stop loss is best used by day traders in a stable market not now that every thing is dipping wildly. It is better to hodl in a bearish market than use stop loss.
jr. member
Activity: 93
Merit: 5
I decided to adopt a strategy that mixes a bit with your comments. For projects in which I have greater confidence, I will always buy in the deep and not use the stop loss. For altcoins that I believe to have potential, but I do not have total confidence in the project I will define a strategy for stop loss.

I think this is an interesting strategy. What do you think?
full member
Activity: 448
Merit: 100
If it's my word. You need to look at specific projects. If this project is indeed very valuable and innovative in the future. Then the project is worth holding. Even if you lose money now, it may bring you a return on investment in the future. If this does not have any technical features. So I suggest to stop the loss in time.
member
Activity: 387
Merit: 11
Cryptocurrency market is very volatile, so using stop-loss is always a good strategy. It will protect your funds from big losses. It depends on you how much risk you want to take, if you want to play safe then you should always use stop loss.
sr. member
Activity: 938
Merit: 256
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?

Stop loss is always worth in any market situation because in crypto everything could happen, it could be happen that coins you hold will be delist on the market or even it's scam so the price will drop so much.
So, use stop loss in every market condition.
sr. member
Activity: 744
Merit: 266
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?
Stop loss are always recommended. People lose more in trades by not investing in a right coin but because not cutting their losses at the right time. Crypto market is so unpredictable that you can't really make out the next market move because of high manipulation. Thus, having stop loss at place won't hurt you. If you think we already testing the bottom, you can go for a higher percentage stop loss.
full member
Activity: 448
Merit: 110
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?

The first thing you need to do is to keep calm, dont ever think negative even though the price is bleeding it will still comeback and recover when the times comes. Continue to hold into your coin and dont sell them if you need market. because for sure bull run will emerge.
full member
Activity: 518
Merit: 101
Although the current market is showing a huge drop in prices, the use of stop loss remains very useful to prevent us from losing more, with that we do not lose much.
member
Activity: 451
Merit: 10
That means you're daily trader? If yes, Must use Stop loss to limit a loss or to protect your profit, but i don't use it because I'm prefer long term holding my assets, don't care market dip or not, just wait for bull market and gain profit
legendary
Activity: 1918
Merit: 1728
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?

Use of Stop Loss depends more on your Investment Strategy rather than market conditions. If you are cautious trader then use of Stop Loss is always recommended no matter market is going up or down because crypto market unlike traditional security market is highly irregular due to non-regulations and small spread. So any coin can pump or dump anytime due to hundred of reasons. However, most of the traders don't use Stop Loss as crypto market is market of risk and patience. So even if your coin falls below your estimation, keep HODLing it and eventually it will go up as crypto market has tendency of upward movement in long run.
full member
Activity: 392
Merit: 100
Multiversum
Personally I don't use and don't like stop loss in crypto market because the volatility is too high and also there is no full trasparency with transactions so market can be manipulated  expecially with little coins..

Yeah, must quote this. This market is not predictable and very high-volatile, moreover new highs are often seen after huge drops so you would risk to lose the big gains using stop losses when trend reverses itself. If you invested in many low-valued altcoins you should just consider that some could go to zero or near zero and hoping that with the other choices you will compensate losses on coin failures. It's better to point on dropped but value-oriented projects, supported by both strong development (GitHub) and community (Telegram\Discord and Twitter). Even if you don't buy the bottom I wouldn't put stop losses, because sooner or later a mega-pump could happen, when masses realize the project value and FOMO starts, and this can happen after historic lows.
full member
Activity: 602
Merit: 100
Personally I don't use and don't like stop loss in crypto market because the volatility is too high and also there is no full trasparency with transactions so market can be manipulated  expecially with little coins..
member
Activity: 434
Merit: 11
Setting a stop loss is always a must when trading. It is your safest route to save your funds with huge lost or minimize the risk specially if the market is super unstable. I also shaking my head seeing the longest bearish days in my entire trading. I also lost so much because my portfolio went down for over -50% of my original investment. What i am doing now is to multiplying the number of my altcoin i am holding to atleast maximizing my ROI when the right time comes.
jr. member
Activity: 93
Merit: 5
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?
Jump to: