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Topic: Should I stop trading in this bear market? (Read 4477 times)

hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
January 03, 2019, 12:52:35 PM
If you think you can do better and can bring profits still in this bear market then you should not stop trading. It depends on you actually, if you can apply the best performance and can predict the market situation you can carry on for making money friend.
newbie
Activity: 15
Merit: 0
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

Start trading short, provided you can read market trends of course.  But you can short sell crypto to make a profit from declining markets.  There aren't many exchanges or trading platforms that allow for this yet, but they are now fortunately making their way onto the scene. 

This can be done with leverage also, so the profit you make from the drop in price can be multiplied by the X leverage you take.  For example, PrimeXBT (https://primexbt.com) offers up to 100X leverage on both long and short positions.  So you can increase your profit potential by 100 when markets are crashing.  You lend from the platform to sell high and buy back in low - the difference in your sell and buy position is your profit after paying back the loaned amount.  Then you times that profit by 100, so a $10 profit becomes $1000, etc.  It is recommended to start out with lower leverage of up to around 10X however, as the greater the leverage the smaller the margin and easier it is to be liquidated, therefore you'd want to be fairly confident of your technical analysis skills before pursuing high X leverage. 

That said, shorting with leverage is highly beneficial in bear markets so you can continue day trading and earning as much, if not more than in bull runs.   
member
Activity: 364
Merit: 10
I can't stop get into trading ofcourse but in this year, let's face what situation we have now, Maybe next year they will recognize and back again to trading.
sr. member
Activity: 756
Merit: 250
December 27, 2018, 12:41:36 AM
Yes I stop trading bitcoin,ethereum because trading bitcoin and ethereum now can bring me more losses because I holding my altcoins when altcoins prices was high voltage.
yes maybe now you stop and look for other things that can produce, but surely you will come back again if the price has gone up. the crypto world is sometimes fun, sometimes it is also sad but inevitably we have to accept all that well.
full member
Activity: 714
Merit: 102
December 27, 2018, 12:20:13 AM
you should stop trading when you are in a bear market. if you force trade then it will be very risky. if you do not have expertise in trading you will experience losses.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 26, 2018, 10:28:21 PM
Yes I stop trading bitcoin,ethereum because trading bitcoin and ethereum now can bring me more losses because I holding my altcoins when altcoins prices was high voltage.
What you mean is short term trading, if you hold, you are still gonna trade that in the long run.
Most of us are still holding until now, so what you are doing is the best thing to do at this bear market, we will wait for the right timing to sell to really make profit.
full member
Activity: 540
Merit: 100
December 26, 2018, 01:07:02 PM
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
If you are now getting not enough benefits from trading then it is better if you will now exit in trading. If you keep trading, there is high possibility that you will lose your money. It is better if you will stop it for a while and find a new investment strategy that can help you to grow your capital.
full member
Activity: 1190
Merit: 100
December 26, 2018, 12:34:48 PM
Yes I stop trading bitcoin,ethereum because trading bitcoin and ethereum now can bring me more losses because I holding my altcoins when altcoins prices was high voltage.
sr. member
Activity: 952
Merit: 274
December 26, 2018, 12:28:07 PM
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
It is hard to trade in bear market and I know that most of traders are having difficult time in trading. If you keep losing in trading then it is better if you should stop trading for you to not face loss anymore.
copper member
Activity: 168
Merit: 42
nothing is impossible
December 26, 2018, 11:49:04 AM
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

My answer is very short, NO. If you apply a good strategy you can make profits even in a bear market. Previous days were red but still I managed to make almost 20% profits in only 5 days. I make a fulltime living from trading. I do not have another job. With what I make with trading I support myself, my wife and 2 kids....even during a bear market situation or a market crash...
member
Activity: 1120
Merit: 13
December 26, 2018, 11:46:40 AM
Be patient mate don't lose your heart keep trading the bear market will change very soon. You should try to apply the best strategy in trading at this bear market. If you think you need to learn more about trading then learn and research the market for the best option.
full member
Activity: 476
Merit: 100
December 26, 2018, 10:25:03 AM
If you stop, it means you already also stop making profit in trading in this industry. You better think of it before leaving trading industry pal.

Trading in crypto or bitcoin the only way for us to gain here, without this concepts of business for sure blockchain  is also useless too.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 26, 2018, 06:28:12 AM
I can't stop get into trading ofcourse but in this year, let's face what situation we have now, Maybe next year they will recognize and back again to trading.
We have different ways of facing the situation, there are still people who trade at the bear market and some still makes money.
For me, it really takes a lot of knowledge to be able to succeed at the current situation, and we should be honest with ourselves, if we are not that good then we should stick to holding for longer and instill that discipline to be patient.
full member
Activity: 490
Merit: 100
December 25, 2018, 12:57:27 PM
No, It is a good to time to buy and hodl and if you are in a lost. Don't worry you can sell your loss and buy in the deepest cheaper price and could give you a big profit when the bull turns on it.

You should stop trading only if you understand that it is not yours. When you do something that you dislike, you will never succeed. In case, you enjoy this business but do not have skills, simply hold and learn about crypto.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 22, 2018, 07:44:34 AM
No, It is a good to time to buy and hodl and if you are in a lost. Don't worry you can sell your loss and buy in the deepest cheaper price and could give you a big profit when the bull turns on it.

You must agree that if the guy lost almost everything and if he has no money, he cannot buy more cryptocurrencies. However, he will lose even more when he sells altcoins and BTC now. Holding is better.
The fact that he lose money, it simply means that he made a wrong decision.
With this bear market, we don't supposedly lose real money if we did not sell, what we have is just a paper loss and this loss might turn into profit
if we are patient enough. It's really easy to say but it's hard to do it since panic is always beside us.
sr. member
Activity: 882
Merit: 250
December 22, 2018, 07:27:14 AM
No, It is a good to time to buy and hodl and if you are in a lost. Don't worry you can sell your loss and buy in the deepest cheaper price and could give you a big profit when the bull turns on it.

You must agree that if the guy lost almost everything and if he has no money, he cannot buy more cryptocurrencies. However, he will lose even more when he sells altcoins and BTC now. Holding is better.
sr. member
Activity: 882
Merit: 297
December 22, 2018, 07:18:20 AM
Trader dont see the bear or bull market as they trade for certain percentage and profit it from that , even in bear market their are traders who are earning only thing is you have to do reverse of bull market and you will be earning good in bear market more then you earn in bull market. Last week itself if you see their was more then 30% of profit when the market hit the bottom and then rose to 30% up and now it is back doing daily up and down of 5% minimum.

So it means trader trade in any market only thing is you have to apply reverse trading system in bear market.
sr. member
Activity: 826
Merit: 265
December 22, 2018, 07:10:46 AM
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
If you are complaining when the market is down to 80% what more today that the market is down more than bigger?
If you can afford to hold for a little bit more,then stop trading and wait for the stabilization of prices,or wait for recovery
Today capitalization increases by atleast 30 billion dollars and i am hoping that this is the start of new beginning,for as the bear has been staying too long now
sr. member
Activity: 854
Merit: 250
December 22, 2018, 06:31:37 AM
No, It is a good to time to buy and hodl and if you are in a lost. Don't worry you can sell your loss and buy in the deepest cheaper price and could give you a big profit when the bull turns on it.
well, when buying when a bear market occurs, we don't know when it will stop, and holding back will be confusing, because sometimes the price increases that occur sometimes are not so high. well, but for now, I hold some coin assets.
I believe that kryptocurrency can surprise its holders, if we believe that in the future market prices will soar, now is the right thing to buy more types of coins that have good potential for the future, because the bear market is always used by traders who have large capital to get greater profits in the future
That's right, moments like this will be a good time for whales to start buying and then holding. Hopefully what many people have expected is that in the early 2019 the market will increase, and in the past few days I have seen the market trying hard to start raising prices again.
newbie
Activity: 56
Merit: 0
December 22, 2018, 04:57:57 AM
I am sure for now is a good time to buy and HODL!
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