Topic: Should I stop trading in this bear market? - page 12. (Read 4466 times)
Trading is the best way to earn more profit in crypto platform so bearish market is right place for trading. This year market was totally un expectable so pump and dump are happening in anytime so we should buy bearish market and sell at bullish market it was a good move in this year.
When i looked at coinmarketcap, i notice almost all coins went down when btc is down. However, there are certain coins that did in fact go up and good percentage. Is there a reason those coins went up? Because there is a correlation with btc and all the other altcoins but a small percentage don't seem to be affected by it? Is that how people daytrade to make money? Because say is bear market everything is down... then how does even one make money short term then?
The main privilege of private investors over large companies is the opportunity to wait, to refrain from trading in moments when the market situation is not clear. Take privilege.
Clearly and wisely put. To refrain from trading when the market is not bullish is the best way you can keep on hunting the profits. Do not indulge in small profits in bear market at the cost of high profits in the bull one. Almost all the big investors out there hodl in the bear market. This adds big value to the worth of portfolio as the market recovers. In addition, the holding decision is also affected by the kind of cryptocurrency you invest in.
I dont think all of the tokens will dump everyday.. There will be fluctuations in many of the tokens and you can trade them. If you are a long term holder then it will be hard for you to keep holding in this bearish market but if you are happy with short goals then you will stay cool with it.
we should not give up in any condition at cryptocurrency market.this is not give us best solution, and if we give up with currency condition its means all time we had already spend could be useless.
when price falls is an opportunity to find a place to enter market. of course it is for potential coins in the future, so our waiting is not in vain. many investors are actually happy with such conditions, because of greater profit-seeking opportunities
If indeed you feel you have to stop then stop. no need to force trading with a state of loss. and now we better be careful when we want to trade because the market is not good either. better stop or invest long term
I think that a professional trader will not ask such a question. For a person who trades every day for many months in a row, this is not a problem. He will continue to do this because a bear market is also a good time to make money.
The guy is the newbie. He was just going to get the help of the professional traders and the people with the experience. I think the beginners should hold now, not trade.
But if he can do analyze, then he can continue choosing the right coin, although it's difficult. But stop trading, for now, is better than to analyze which will need time before he can find the right coin. It is up to him and only he that will know. But for me, it is a good time to buy another coin which has a chance to increase later but be careful for this.
I think that a professional trader will not ask such a question. For a person who trades every day for many months in a row, this is not a problem. He will continue to do this because a bear market is also a good time to make money.
The guy is the newbie. He was just going to get the help of the professional traders and the people with the experience. I think the beginners should hold now, not trade.
Not only Newbie But People should also stay away from the market because the market situation is very big volatile which we cannot able to control our emotions when the prices are kept decreasing in the market. Which we cannot able to predict when the market will start recovering.
I think that a professional trader will not ask such a question. For a person who trades every day for many months in a row, this is not a problem. He will continue to do this because a bear market is also a good time to make money.
The guy is the newbie. He was just going to get the help of the professional traders and the people with the experience. I think the beginners should hold now, not trade.
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?
The bear market still offers a lot of opportunities to make money but you need to be very good as a trader in order to make money because the market can be very unforgiving, this is exactly what we're seeing right now with the huge correction that is happening at this moment in which many coins are losing a lot of value in a very short amount of time. 
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?
The volatile nature of the cryptocurrency is known by everyone. When you started trading, you had to know it. Then you would not have asked this question. If you can not risk it, yes, the best is to wait.
If you do not have too much knowledge in trading, I think you better stop trading in bear market, because you never know how low the price can drop to.
stop day trading and keep holding to help stop bear market and we will start to rise
The newbie must really stop trading now as the chances that he can make a mistake are very high. Being a holder or a long-term investor, you do not lose anything.
At first I want to tell one thing that I'm not a professional trader and I'm not a expert trader. But I've some experience about bear market situation. I recommend you to continue your trading if you have proper knowledge about crypto trading. Cause at the moment all crypto coins price dropped very badly and this the opportunity to buy at lowest price.
maybe you feel, also felt by other people who trade. but when I have to stop at this time, I have given up. and maybe no more income. maybe we all have to be strong and patient to face tests like this. we never know when this bear market will end. I think at the moment it is best to think about how to earn income in a market like this. yes, back again, maybe we have to be extra patient, when we get a little profit. and also be patient with this bear market until the situation recovers.
We should never stop fighting against this bearishness, even if it takes a hard time, measuring the wide patience and test our loyaly and determination on how we dwelt this scenario. This is how we compete ourselves by earning the profits we aim prosperously. We have to stand firmly considering to gain what we've desired. All we have to hope is the fast recovery and this bear market will desist in the meantime.
Well I think that to be able to trade in this market you need a lot of experience and knowledge... some people keep making a living out of it, but they are very good traders.
In my case, I've stopped all trading... not enough financial-minded to keep doing it
You should check your trading history, prespectives and available money (that can afford to be lost) and make a judgement if you should keep trading or not
cheers
In my case, I've stopped all trading... not enough financial-minded to keep doing it
You should check your trading history, prespectives and available money (that can afford to be lost) and make a judgement if you should keep trading or not
cheers
If you are getting a loss in trading again and again maybe you should stop on it. You should hodl your coins for a while and make it a long term investment.
maybe you feel, also felt by other people who trade. but when I have to stop at this time, I have given up. and maybe no more income. maybe we all have to be strong and patient to face tests like this. we never know when this bear market will end. I think at the moment it is best to think about how to earn income in a market like this. yes, back again, maybe we have to be extra patient, when we get a little profit. and also be patient with this bear market until the situation recovers.
Don't stop, but definitely change your tactics, holding onto things long term can just completely fuck you.
Keep your trade small and trade often, the market is always moving and there are always opportunities to grab some profit.
ALWAYS ALways ALWAys Have a stop loss set.
Not having a stop loss is probably one of the worse decisions that I see many traders take, it seems that they have the mistaken idea that if they accept more losses in a trade they will be able to make more money in the long term because they are giving the market the chance to reverse and change direction, but not having a stop loss will affect in a very negative way the profits that you can get out of each trade. Keep your trade small and trade often, the market is always moving and there are always opportunities to grab some profit.
ALWAYS ALways ALWAys Have a stop loss set.
we should not give up in any condition at cryptocurrency market.this is not give us best solution, and if we give up with currency condition its means all time we had already spend could be useless.
No you should continue trading and never panic this bearish situation of the market. If you work consistently and deliberately, no doubt you will catch the chance for earning money. The prices changes every moment and if you have the capability, you will cash the right occasion when the price goes a little bit up. Don’t be emotional and be patient and cool. Jump to: