Should I stop trading in this bear market? - page 14.

ChristopherAngelo

newbie

Activity: 10

Merit: 0

Quote from: Tduty on August 14, 2018, 04:20:29 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?

Bitcoin and ETH are currently in the bear market however alt coins can far more volatile. What I do is trade bitcoin for alt coins as alt coins tend to be far more volatile due to lower volume compared to bitcoin and ETH. From this you can profit at a greater rate from the highs and lows of alt coins.

sana54210

legendary

Activity: 3276

Merit: 1128

Quote from: MathGame on October 04, 2018, 12:59:56 PM

The market is too bearish 🐻 to trade right now. It is advisable to HODL at the moment and wait for a month or two to see how the market will perform before You make a decision.

There is no doubt hat in the bear market trading is a bit tough for the prices are down but in my opinion, one should not try trading in the bear market for the bear market is more prone to loss in trading rather that gain. Besides, in the bear market, the scale of trading is not so high.

In addition, it is only the long run trading that enables and ensures the big return. Better take sometime of trading and try relaxing for a while holding the coins.

robertsu

full member

Activity: 406

Merit: 100

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.

nano77

full member

Activity: 392

Merit: 100

maybe now you can take a rest first and keep holding coins that you have or you can use this low price to buy coins again and use this constantly changing price opportunity to get profit

TheReverend

full member

Activity: 462

Merit: 100

if you are not able to make a profit you should stop for a while, but I think you are trying to get a big enough profit so you hold it for a long time, you should trade fast and have a target, for example you buy a few coins and get profit around 3% you should immediately sell it and wait for the next opportunity.

tbterryboy

sr. member

Activity: 1988

Merit: 322

Quote from: Barbut on September 29, 2018, 04:47:04 AM

Quote from: keykey1 on September 29, 2018, 04:21:41 AM

Quote from: putrisa on September 28, 2018, 02:48:01 AM

if you are afraid of bear market conditions then you should be able to stop when there is a bear market, but if you have the ability to be able to determine the right time to buy and sell coins then you can continue trading, by utilizing small movements, and that depends on choice you.

First, the bearish trend seems to be over. Secondly, when you have any doubts about trading, you should better change your activity. Trading needs courageous people.

You have a point, you can`t trade if you are full with doubts. But even thou we were in bear market for months, price was never calm, we always had spikes and dips after that, and again after some time price rise again, trading was possible trough all this bear market. Price is rising again and looks like the bear market is over, its happen every year with the end of summer, price start to grow. I think we can expect market to grow a lot in next few months.

No need to stop trading right now but you can do one more thing that is to proceed for buying some more in numbers because it will increase your power to have maximum profit later in high market. For now, you will get it on low price so you will not need to use extra money for buying coins which is another kind of benefit here in this market. Just wait for some more action to see its upcoming movements.

thunderbitz2717

sr. member

Activity: 594

Merit: 250

Quote from: Tduty on August 14, 2018, 04:20:29 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?

Never enter into trading if you have any doubt or don't have any knowledge about it. Due to for sure, you will only regret the decision which you are going to make. But if the market are in bull run season better to trade with a knowledge still, that's why trade wisely as much as you can to avoid loss of capital.

manismanja

member

Activity: 518

Merit: 11

to be able to always benefit from this cryptocurrency you should be able to take advantage of any moment to be able to get a profit, because of that when you trade don't use all the capital you have so that you can still trade at the exchange place.

cute nmp

jr. member

Activity: 1708

Merit: 3

I dont think one can make any profit trading in this bear market prices usually goes down and occasionaly rise only a little bit and then goes back again.funds can easily be lost in this kind of market situation i will advise you to hold on for sometime till market recovers and becomes normal again so as to avoid loss of funds.

jaaeeeyyyy

full member

Activity: 434

Merit: 101

Quote from: cryptojac17 on October 03, 2018, 07:14:23 PM

Don't stop trading at bear market, and instead of quiting just have patience and wait for you asset to gain profitable value by holding your asset for a long term goals. Bear market is our chance to buy for more coins to hold for, and sell when it rises higher in price of each coin. Always think for better future and set aside those failures in life, and all you have to do is be positive.

Yes, definitely bear market will give you more chance to have a great profit and more chance of getting a experience and knowledge about the phases of cryptomarket. Shape your mind to cope with low prices in the market since it is bear market now, try to trade more with this phase of the market and hold til the bull runs in this year,

Madara_Uchiha

jr. member

Activity: 154

Merit: 1

If you are not sure of your knowledge and have a fear of losing money, it is better not to engage in trading. Try to calm down and think rationally.

Distinctin

hero member

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Quote from: hastag_80 on October 05, 2018, 03:27:05 AM

Quote from: Tduty on August 14, 2018, 04:20:29 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?

The decision is depend upon yours choices,if you thinks that your still gain a small profits when doing trading even the market are still in bloody situation,therefore we continue our daily trading while in other hand we thinks that we are loosing our investment now,its better to quits temporaly and hold some of our crypto coins and wait the moment when the market going back to its stability form.

If you are good, this situation will not stop you because in order to be profitable in trading, you just simply buy low and sell high.
The market fluctuation is still volatile, so anyone still have a chance to make profit.

hastag_80

member

Activity: 392

Merit: 11

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Quote from: Tduty on August 14, 2018, 04:20:29 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?

The decision is depend upon yours choices,if you thinks that your still gain a small profits when doing trading even the market are still in bloody situation,therefore we continue our daily trading while in other hand we thinks that we are loosing our investment now,its better to quits temporaly and hold some of our crypto coins and wait the moment when the market going back to its stability form.

wozzek23

sr. member

Activity: 1568

Merit: 283

Quote from: splacque on October 02, 2018, 06:07:03 AM

Quote from: cintamoni on September 27, 2018, 03:29:35 AM

Quote from: sh4dtechnr on September 23, 2018, 12:48:07 AM

Vice versa, in my opinion it is easier to trade in such bear market. Am I wrong? How you gonna trade in a bull market? In a bull market you need to hold. But in general, if you do not know how to trade better don't do it. It's very risky.

Just sit and see the chart research when will market will go up and focus on your trade.You're not alone who is facing this panic.

Yeah of course it is very risky and earning money from trading is this bearish market is much difficult. I also suggest that only well experienced traders should take this risk. New investors should not try trading in this situation. My strategy is to hold my coins in such situations but regularly observe the market every moment. When there is little bit chance I try to cash this opportunity.

No, you can continue to trading even in this bear market because you will need to learn how to hold with patience as we know that you will have to wait for price to go high so that you may be able to sell it for high price that will result in profit and nothing more. Bear market, because you will get it on low price that will further enable you to make a large collection of it with your savings you will get in large quantity.

Nhebu

member

Activity: 616

Merit: 10

It's up to you bro! But for me, I don't want to stop in trading even there is a bear market. I have coins in a long term period and I am optimistic to my hold coins. Probably, the profits we will make today is not high but it will have a better result once you are a good trader.

spiker777

sr. member

Activity: 1004

Merit: 279

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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.

arthotdog

full member

Activity: 462

Merit: 100

Quote from: Tduty on August 14, 2018, 04:20:29 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?

You have already know that it is harder to make profit from trading now,so better you stopped for awhile or take the consequences of risking your money.

But i believe that if you will be contented in small amount of profit for sure you can make even good income daily.dont expect for 5-10 instead take 3-4% for income assurance

batusangkar87

full member

Activity: 350

Merit: 104

You shouldn't stop trading because the market will recover soon and everything will be fine! To my mind, it is better to star trading a bit later when btc and ether will increase in price

BitcoinTurk

hero member

Activity: 1666

Merit: 629

Quote from: Tervelatuk on October 03, 2018, 11:42:43 PM

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.

In this market there is a fact that the professional always wins. But what is professionalism determined? Of course, depending on what kind of strategies are done and when the investor decides to invest. A good investor waits for the right time and starts to invest when the market enters a downtrend. This right decision at the right time and the right investment will always return as positive income, in which case the investor will never complain about the market. That is why it is necessary to make the right decisions and never give up in this sector, sure steps to move forward. When this is the case, the investor is satisfied with the current market conditions and never withdraws from the market.

MathGame

member

Activity: 168

Merit: 10

The market is too bearish 🐻 to trade right now. It is advisable to HODL at the moment and wait for a month or two to see how the market will perform before You make a decision.

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