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Topic: Should I stop trading in this bear market? - page 22. (Read 4466 times)

sr. member
Activity: 882
Merit: 282
September 10, 2018, 02:24:09 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.
jr. member
Activity: 56
Merit: 1
September 10, 2018, 01:36:34 PM
You should stop trading all-together if you're doing losing trades, reassess your strategy and analyze what you're doing wrong. No need to knock your head on wood and lose money while doing it.
hero member
Activity: 1260
Merit: 524
September 10, 2018, 10:58:49 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.
newbie
Activity: 82
Merit: 0
September 10, 2018, 10:55:32 AM
Even tho it's a bear market you can day trade with success. You can start checking out these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. There is also a paid section where you will receive daily a 3-5 coins updated every hour.
It's worth it, but I will suggest you first start with the free signals until you become more knowledgeable and calm.
Good Luck!
newbie
Activity: 138
Merit: 0
September 10, 2018, 10:50:32 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 placed short orders when it was not moving above 300$ mark- and  its hard to predict in the market. but after lot study i got it that it is going to fell down. so i made another 1000$ from Bear market. i think we have to think very smart when its about trading. crypto has high volatility and its good for trading with massive returns plus risk of swapping away all earning.
sr. member
Activity: 602
Merit: 262
September 10, 2018, 10:46:24 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.

Well you have a point in your opinion but in reality doing trading in this bear market can cause losing your fund the trend are faster but if you are in margin trading you can gain profit even the market are in bear or bull chart, and take note everyone known the risk when entering to trading industry you can avoid it or minimize by doing some limitation in your self dont be greedy and always do a basic rules "take profit even it is small".
sr. member
Activity: 1624
Merit: 250
September 10, 2018, 10:33:59 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.
newbie
Activity: 126
Merit: 0
September 10, 2018, 10:04:07 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.
full member
Activity: 1316
Merit: 126
September 10, 2018, 08:22:27 AM
This is not the right time for you to trade now, while the price of Bitcoin and Altcoin are lame, when Bitcoin has just increased a bit, then immediately lower prices that we can not consider it.
This is not the right time newly crypto investors cause there is a high percentage of losing than of gaining. Only knowledgeable traders can certainly play the volatility of the market and have enough courage to face the risk. And if you don't have that certain requirement, you better stay on holding and play some stuff for another sources of income.
sr. member
Activity: 966
Merit: 311
September 10, 2018, 07:58:59 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?
ETH now is below 200$   Huh
Thats really causing a lot of fear in the minds of several holders and day traders but if we take it in a positive way, we could see that it is really creating a good way for the day traders to make small profits. The continuous pump and dump gets a better profit because of the small volume trades. I would suggest you to not to stop your trading completely in this bear market but instead you could pause some of your major trading and should try to hold your coins to the most instead of buying and selling them.

The best part in these kind of bear markets goes for holding your funds because some or the other day this bear markets has to stop and the coins would again start pumping at that time. The current bear markets won't last long now because already a huge price drop was been noticed. Bitcoins are now again somehow up and will continue their journey to the moon.

Also the daily trading volume for ether can be noticed and it is quite good as compared to before so it does indicates that peoples have again started showing some intrest into the cryotos and they might surely get a good fruit for it ahead. Stay for the cryptos and hold them in the bear market instead of selling them cheap at loss.
jr. member
Activity: 85
Merit: 2
September 10, 2018, 07:48:06 AM
If your trading is repeatedly ending in losses to your portfolio,  it will be wise for you to stop trading until the market stabilise and possibly in upward trend.  Bearish market trading always lead to losses!
What is very important even as a trader is never to trade what you cannot handle? As long as you know your knowledge, skills, attribute cannot handle a bear trend and trading within this condition, then, you should not even think about it, let alone try it.

Bear trend requires a lot of fast thinking and not getting too emotional or greedy. You must be quick at taking losses and quick at taking profit in a bear trend, and this is something you should not even joke with.
jr. member
Activity: 322
Merit: 2
September 10, 2018, 07:08:36 AM
In my opinion, you always check Bitcoin prices but the cryptocurrency market is not good for trading so I think you should stop trading in this bloody market. All you do now is check the price several times a week and just wait for everything to come back again and you can trade again.
hero member
Activity: 1148
Merit: 527
September 10, 2018, 06:02:54 AM
I do not want to stop trading because I still started this, what I am doing now is still observing even though I do not make transactions. I still hold coins for a while
This is not even about leaving crypto; this is about someone trying to trade the bear market. The only thing I can say to this is that, trading the bear market without knowledge is really going to make you lose out a lot.

In a bear market, the market tends to move a lot faster downward than upward and you really want to be making sure you are principled enough to make the right call and not get too greedy, or else you will not like the outcome. This is the reason why some leave the bear trend and let the market develop until it switches to an easy to trade uptrend.
newbie
Activity: 23
Merit: 0
September 07, 2018, 10:49:39 AM
If you are worried that every coin you have will eat your profits, you better sell the coins you have. That's better than you have to worry every day. If you have got the price difference from the selling and buying prices, even though it is slightly better sold.
member
Activity: 336
Merit: 10
September 06, 2018, 07:39:38 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?
Yes, you can see that bear market is very dangerous to us, you can see that bitcoin and altcoin prices are constantly fluctuating and adjusting very strongly, the market is in a long downturn So I believe you should be patient and wait for the market to stabilize so that you can trade more safely. I believe the bitcoin price will probably drop to the $ 5,000 mark and you can wait for bitcoin at that point.
jr. member
Activity: 92
Merit: 1
September 06, 2018, 05:54:19 PM
Trading can be very addictive, you could get high on it, Mont quit even when it is obvious that you keep making losses or are not knowledgeable enough to day trade. It is even more challenging in a bear market. It should be left to the professionals
sr. member
Activity: 532
Merit: 255
September 06, 2018, 05:50:50 PM
There are various types of strategies in dealing with market conditions, especially when the market is in a downturn, stagnant and rising, if we can apply it correctly, I think we can still benefit from trading. I think this way is done by all traders to maintain the rate of return on capital, that is by looking at market conditions.
We recommend that you continue your trade, because public interest in bitcoin is also felt to continue to rise even though slowly.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
September 06, 2018, 05:23:57 PM
You have to keep buying important dips lol. Kidding aside, this method works well for me. It's risky but you'll most likely be rewarded in the future.
Have you ever wondered what will happen if everyone stops trading or buying in bear markets... Of course the market will continue to tank as sellers continue to sell.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
September 06, 2018, 01:06:24 PM
I will continue to trade even though the market is bear because my goal is to sell my coins. even though getting to the slightest doesn't matter as long as I don't lose. after selling new I will buy as much as I want to reinvest.
newbie
Activity: 69
Merit: 0
September 06, 2018, 12:22:55 PM
Hello friend ,

Stoping trading is not the answer.This market fluctuation is effect all the traders.But other traders have patience.

So for this problem, I would like to advice you to please stay calm and be patience until market price will pump.

After that we all can get more profits.

Please refer more articles regarding trading.

Thanks.
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