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Topic: Should I stop trading in this bear market? - page 21. (Read 4477 times)

hero member
Activity: 575
Merit: 500
September 12, 2018, 05:29:08 AM
Everything depends on how you are trading, as traders dont see market. They just trade according to the situation of the market, when their is bear market then go with short and buy back in low. This is also a way of trading. If you cannot understand this trading pattern then it is better that you should avoid trading.
Even in this bear market you can make your time great by buying coin on low price and can sell it after little increase in price. Even in bear market we have price fluctuations so here it is possible to make profit especially with the Bitcoin. Always trade with it but be careful while buying it which is the controlling point once you buy on low price then the chances of making profit will be high.
hero member
Activity: 1092
Merit: 523
September 12, 2018, 05:26:25 AM
Have you ever heard that as the market falls, the more we buy, the less risk we will have, so it will be saved when we buy the coin at high prices and neutralize the risk.
Exactly. Even if the market is down, and the prices of the potential coins are low, investing in an asset will not be risky because of the low prices that might not cost you much.

On the other hand, it can be of high benefits when the market rises because when the market rises, the worth of the portfolio that is being purchased by investing little money give away high profit that has many benefits including attracting other investors to invest.
member
Activity: 294
Merit: 10
September 12, 2018, 05:09:11 AM
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
hero member
Activity: 1400
Merit: 571
September 12, 2018, 05:05:57 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?

Just hold like the usual thing we do if the market is going down. If you are afraid to take the risk even further, I'd suggest that stop trading before you blame yourself for whatever might happen. There is no reason to panic if you still have your tokens, it is not the end of the world, maybe the market is down for a while but soon it will be back on its green track again.

It is normal to have this kind of market, we have to expect that it could happen once a year and after this we will have the profits we are looking for.
newbie
Activity: 92
Merit: 0
September 12, 2018, 02:33:13 AM
Bearish market offers the same opportunity as the bullish does when you use margin trading. I never stop trading, however, I prefer midterm trends instead of intraday's fluctuations.
jr. member
Activity: 266
Merit: 1
September 12, 2018, 02:15:01 AM
Wait until the Cryptocurrency price stabilizes.
Currently, the market conditions for Cryptocurrency are not good.
Many coins have decreased in price even Ethereum and Bitcoin experienced a very large decline.
I am sure that if you trade now, there will be many risks that make you lose.
full member
Activity: 546
Merit: 100
September 12, 2018, 02:01:55 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?

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.

The skilled and experienced man that is dealing with the cryptocurrencies will never stop trading even when the market is down. It is possible to earn now doing the day trading.
full member
Activity: 382
Merit: 104
❤️❤️❤️
September 11, 2018, 09:04:39 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?
in your case it remains only to wait. It is difficult to say, of course, how much time must pass, but I do not see any other way out.
full member
Activity: 602
Merit: 100
September 11, 2018, 08:53:26 AM
You are right from bearish market it will be more difficult to take profit but it is possible. You have to patient to take some profit, just keep one thing in your mind that never sell your coins in loss & wait for pump to sell in profit.
One thing more you trade in bearish market with the money which you can afford to lose, otherwise don’t trade & wait for a positive market attitude.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
September 11, 2018, 08:50:33 AM
It is very unfortunate, I can relate with the experience, the downtrend is traded with a different strategy else you will get your profit wiped out at every level, It is an addition but at this point after losing so much it is advised taking a break. During downtrends it is not advised trading btc against alts, let converting your profits to fiat be the ultimate and never go greedy with profits, then ensuring you put a stop loss will help minimize the losses

   Bear market is hitting us all! A lot of confusion, when price starts to go down people start to panic. Now future
doesn`t seem so bright like in December last year.
   I am a bit bored from threads like this one. People constantly complain, seems like people are desperate. Price is
going down more than up, but there are spikes. Who trade have a good days for it, last two are not so good for
trading.
   I don`t trade, I just wait for the future. In future we will have better years than this one is. Hold on, don`t be
desperate, things will sit on it`s place once again.
copper member
Activity: 308
Merit: 1
September 11, 2018, 07:53:03 AM
It is very unfortunate, I can relate with the experience, the downtrend is traded with a different strategy else you will get your profit wiped out at every level, It is an addition but at this point after losing so much it is advised taking a break. During downtrends it is not advised trading btc against alts, let converting your profits to fiat be the ultimate and never go greedy with profits, then ensuring you put a stop loss will help minimize the losses
full member
Activity: 1344
Merit: 102
September 11, 2018, 04:50:09 AM
If you keep losing money in this bear market why you should continue trading? you should stop, maybe you should wait bull market then you can start trading.
full member
Activity: 812
Merit: 100
September 11, 2018, 04:29:32 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?
I think holding is a best way but don't stop to trade even the market is volatile and it's in bearish time we can still trade and make a profit. Think a good strategy how you can earn a good profit even the market is bearish.
jr. member
Activity: 126
Merit: 1
September 11, 2018, 03:35:07 AM
You can pause to gather your thoughts and strength. Also, you can analyze the market to understand how it functions and read any information. Arrange yourself a kind of vacation and relax. For you it will be very useful.
newbie
Activity: 90
Merit: 0
September 11, 2018, 02:28:46 AM
I don't think it should stop trading. Although the market is sluggish, there are still many new altcoins that are climbing, and many coins are now very cheap and more suitable for purchase! No?
full member
Activity: 490
Merit: 100
September 11, 2018, 02:17:26 AM
Yes you can stop day trading if you feel it unprofitable again in this bear market. You should hold your coins and wait a few months until the market of crypto rising again. If you can't stop trading you should move to other coins for trading, some coins have a good performance in this bear market.
full member
Activity: 504
Merit: 100
September 11, 2018, 01:52:54 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?

You already said it. You are having a hard time to make profits on this current situation. It does not favor your picks or any of your altcoins on your portfolio so you should stop on trading for now. You can still be aggressive when the time of the bulls come.
member
Activity: 406
Merit: 10
September 10, 2018, 06:58:02 PM
It does not matter for traders is it bear market or bull market. You can always find coins on both type of markets 
for trading as the coins moving differently. (CMC gainers and losers)
copper member
Activity: 210
Merit: 1
September 10, 2018, 06:04:47 PM
One should not stop trading in this bear market because even in the bear market some coins with good news tend to move upward.
Before opening a trade,one should look out at the pairs he wants to trade ,and also find out the fundamental behind the coins he wants to trade.
A trader should also use 10 minutes chart to trade,and also buy many units of cheap coins like dent especially if it stays at support,reason is once it moves from 35 sat to 36 sat ,you are already in profit.
So,one should be looking for a way to take advantage of bear market knowing fully well that btc at times stabilize even in the bear market  of which this normally make some coins to move up.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 10, 2018, 01:51:06 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?
I hope you have sell all your coins before now and you are not holding any significant amount in bitcoin or Ethereum as both has gone down significantly. Trading  now is too risky than when the price was pumping as bitcoin has find it very difficult to move up.

It did. Especially ethereum which recently went under 200 usd. But that doesn't mean there's no profit to be made anymore. Eth moved back up to above 200usd and bitcoin has beem making the same movement so there's still money in this bear market.
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