Topic: Should I stop trading in this bear market? - page 26. (Read 4477 times)

First it depend on the type of trader you are and what your objectives are. With a good trading psychology, you can make money trading in this bear market. Secondly, you can trade crypto pairs in forex and in that case you don't have to worry about bullish or bearish markets but will only be on the look out for the direction and you can make money either ways.

I'd go for a stop for now.

There is no direction to where it is going.
You might become a holder instead, waiting for that bull market to come.

I still prefer that fluctuation up and down even with just a minimum amount instead of this.
The bloodbath came before and now another came. There will be a lot of loss from hereon if it continous.

The crypto exchange markets looks nice today. Almost all the altcoins are green and their prices are growing +20%. It seems the bulls have come and the bears have gone. Some of the top altcoins soared up even to +35%. I think that there is no need to stop trading in the bear market and sit back and relax without any activity. Make your bid/ask orders even if all the prices are red. The negative trend can change any time, thus you can buy the crypto currencies for a cheap price. Try to catch the wave and buy the dip.

There are several options. For myself, I see only two.
1. Continue to trade. But it will require a lot of strength and nerves. Trade in the current situation is difficult. If there is an opportunity to sell coins with a small profit, then you need to sell them and buy  bitcoin and ether (or immediately transfer coins to bitcoin and ether) and leave them in hold.
2. Stop trading at all. Let all the coins remain in the hold. While the market is recovering, you can do something else. For example, devote time to self-development and training in trade or just to relax.

I think this is the market situation where you have a great chance to maximize your profits by the strategy which you buy good coins from current market and almost all these coins you can buy at the good price and when market get stable and put your investment in to profits than you have a good amount where you can pick and get good money back into your money accounts,

You should momentarily stop trading because market prices are not going well. It will only give you more losses. You can take advantage of this current downtrend by buying more promising coins and hold on to it for a longer time until it gains profit before selling it.

If you think you can't handle the current market trend then better refrain from doing trades for now and hodl what you currently have. Besides BTC and ETH are worth to put a shot on hold no matter how risky it is. Continuing will just lead you into more losses because you are out of strategy due to being worried and can't think properly what things to be done.

There are lots of traders who are still in action even with the trend like this today because they know what they are doing. If your purpose is to hold for long then disregard the price but instead add some quantities on your stash. If no more ammos then patiently wait. Again, if you can't handle the pressure, sit back and relax for now while waiting for your expected target price.

I believe you should not continue to deliver when the bear market. You can see that bear market is very risky when trading, bitcoin prices are constantly adjusting and still in a strong downtrend despite a slight recovery, altcoin prices are down sharply. So I believe it is very difficult to make a profit at this time.

If I am in your position I would stop. Specially with ETH trading.
It could be the best bear market now and a good time to hoard ETH.
Maybe a month from now there would be a big explosion that could happen and the price might get back to $500. With that an easy profit can be made instead of playing with the trade market now which is getting harder to predict. All the day trade profit could be taken in an instant. (if a sudden increase happens)

Yes, most of the people really needs patience today because the market price is very low and you can also take advantage of the current situation by investing a huge amount in the market today while the prices are low.

When you do base on usd value then you would definitely lose up your profit when the market tends to go down again but the fact you are earning more than on the token value which means it doesn't really give a useless result into your trading. Just continue to accumulate coins since they are still on low ranges because sooner or later market will have a recovery. Nobody knows on when but for sure there will be.
As long you are earning on token value I don't see a reason for you to stop.

Nope, Becomes addiction if you allow!


Have you heard the phrase: " Buy the Dip "? Think the following, the price is falling right? then you buy more coins, the price falls again and you buy more coins ... You do not have to sell in the loss, you just have to keep buying more coins and hold for many years. With each price drop is one more buying opportunity


Do you do day trade?


hold the coins that you have and buy more coins whenever the price drops

Do you buy or sell which one do you now. Also, if you buy it will be profitable for you when the market recovery. However, if you are sell your asset now it can losse because most valuable asset is down in price.

I think no need to a stop. Just need to keep calm. At the moment bitcoin is in moving condition which can up any time. I can’t recommend you to buy or hold but can tell you need to wait about a sure trend start to move. For an example when bitcoin was going down then it continues it’s going movement. I'm already stop my trading now i think some days later i start again.

more quickly all you have to do is not stop to trade, but you have to be more careful in trading like to choose the coins that you will buy you have to search for and whether the coins have good potential or not to be traded in the short or long term.

Never stop trading mate, but rather I suggest to buy the cheapest coins now because most of them were at downfall prices. Don't be afraid that the bearish market is now here manipulating the market. Only one thing I believed was, if we didn't learn to have self control we'll become stressed out and depressed. That's why in most certain cases a trader will dump their holdings, despite of deciding to hold long terms. Day traders couldn't establish good trades while bear market wasn't over yet. Stop day trades and prefer to have long term trading.

My honest advice is to stay away from the market now because of it you are emotionally affected. If you can make money on trading why not you can continue and if not better to stay away and plan your exits and entry. Learn fron your mistakes and fron this bear market.

If you think the market would still go down,You can make short trades and accumulate some BTC/Alts..but,If you are not sure and confident about it better HODL and wait for the market to recover.

The way I trade bear markets is I take profits quick and don't hold onto stacks too large.. so lets say you want ETH for example.. and youre willing to buy any eth under 300.00 and be happy no matter what.. you would maybe buy a small section at 300 then each section you buy after this double the last bid.. so if you buy 1 eth at 300 then 2 eth at 275 4 eth at 250 (hypothetical numbers by example) and when the price finally starts to swing, sell your lowest stack at your highest stack price.. 250 goes at 300 275 goes at 350 300 goes at 400, etc.. the idea is you want to have enough money to buy as you down and cost average lower as you go, and when you go up in price let some go, so you have enough stacks to buy again if it falls flat towards 250,225, 200, whatever.. the problem with most traders is they buy too heavily all in one position and they don't get rid of enough stacks to stay in position when the price starts moving.  Ladder in and out, always have BTC/USDT to spare.. and always feel okay with your first price being X even if it halves for the long term.  I trade this way so in bull markets the market can only leave me upwards, and I've already made the money I intended to off of it, so I don't care in the slightest... its non-emotional and methodical.

Stop is rational option and take it is to protect asset from bigger loss is better. Some people still hold rest of them keep buy coins, buy/ sell at this moment is really bad decisions. Sideways pattern will give nothing and down trend with long term period can make you bankrupt. Stop right now and start again next time.