Should I stop trading in this bear market? - page 4.

carlisle1

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Quote from: Ibas samara on November 25, 2018, 10:01:38 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?

That's right, I agree with you and all you explain is the truth.. I have suffered a lot of losses due to falling prices. Most traders will not be able to fight this very bad market situation. I have not dared to spend funds to invest now.

as far as i know, you can still get a satisfying profit from trading even during a bear market like the current situation that we're in but you should really have to look for a good timing before entering a trade. make a trading plan and stick to it, practice yourself to be satisfied even with a little profit because it is much better than to have nothing and also always set a stop loss if necessary.

iged_war

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Quote from: avarnet on November 25, 2018, 03:54:05 PM

if my advice is continued, I will do it by way of long-term trading or holding, because at this time to get profit when trading, it is still difficult. so if you trade long-term, the benefits you will get will be easy and your income will be large

long term was best strategy to face long bearish like this phase.we have some benefit by doing long term strategy on of themm was our psychology and emotion could be stable.

TomArayaSlaya

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Maybe you can go on with your fiat cash it will be a great way to earn money am sure Once the bearish is over you will have like 10X gain or more

avarnet

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if my advice is continued, I will do it by way of long-term trading or holding, because at this time to get profit when trading, it is still difficult. so if you trade long-term, the benefits you will get will be easy and your income will be large

Asian_Dynasty

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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?

Simple people like you or me dont know when will be grow and will it be at all. It is all about risks. May be bitcoin will be in January 20 000 $ or may be 1000 $. If you believe in growth continue mining, if you dont believe- stop. For me- I dont mining but I keep different tokens in my wallets and wait their growth.

nebiki

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Quote from: readygoaw on November 25, 2018, 11:54:08 AM

Quote from: nhattori27 on November 22, 2018, 12:07:36 PM

In the current market situation you can't make profit in short-term trading, so if you have got funds then it would be good for you to go for long-term trading. Buy some coins and hold them for a few months, if not longer.

Only the luckiest guy or a true professional can make good money trading when the market is down. It will be safer if you "forget" about your cryptocurrencies for some time and wait for the bulls.

no, everyone can get money if the person has a good plan, is good at finding opportunities and patience in trading can certainly make money in this bear market but it doesn't have a big advantage

consideritdone

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Maybe not

readygoaw

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Quote from: nhattori27 on November 22, 2018, 12:07:36 PM

In the current market situation you can't make profit in short-term trading, so if you have got funds then it would be good for you to go for long-term trading. Buy some coins and hold them for a few months, if not longer.

Only the luckiest guy or a true professional can make good money trading when the market is down. It will be safer if you "forget" about your cryptocurrencies for some time and wait for the bulls.

Ibas samara

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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?

That's right, I agree with you and all you explain is the truth.. I have suffered a lot of losses due to falling prices. Most traders will not be able to fight this very bad market situation. I have not dared to spend funds to invest now.

btc78

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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?

Why need to stay in bitcoin and ethereum?Are you really a trader?Because these two top coins are not suitable for daytrading because they are a slow moving cryptocurrency so i cant see any reason why your pointing these two as trading materials?I doubt that youre a real trader instead this is just a story telling lol

I trade those cheaper coins that this valuable one,and sometimes i use tokens for this profiteering because they are cheap and safer

Rightchoice

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Absolutely not, I believe IF we are doing trading then there is no logical reason why you should stop trading. IF you are doing Crypto trading, then you could make plenty by riding the bearish wave. However, IF you are actually buying it, then I would rather hold myself.

As per rest, just ensure whatever you do is after you figure out any major news for the day. I put it as priority to watch top news site for Cryptos, which gives me right info as per the possibilities are concern.

jerry0

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How does anyone even make money trading when everything is down?

BigBos

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Quote from: shursight on November 24, 2018, 11:47:29 AM

What is the point to keep trading when the market is as low as it is at the moment? there is no point to continue right now.

I would not keep trading, the market is not stable, and it is going down and down.

Better to wait for a better time, and everything is going to be fine.

you're right, seen from anywhere, those who have multiple assets will not make sales at this time. well, at the moment the price is very unstable. waiting is the best way to take advantage of current market conditions.

CryptoF007

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Focus on long term investing not daily trading!

I don't see much benefit in regular trading at all... what you should do is recognise major cycles... enter at the right time (which is now and probably also first half of 2019), and exit at the right time which was December 2017... In the middle you don't need to do much... majbe trade some major swings and thats it... From experience this is much better than daily trading.
Most of experienced traders will tell you that with time and experience they started to trade less and less, NOT more and more...

cryptoblue77

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These days, it has been very difficult to gain some profit, so if it is not profitable for you then you should stop trading for the time being and get back again when the market goes in bull run.

shursight

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What is the point to keep trading when the market is as low as it is at the moment? there is no point to continue right now.

I would not keep trading, the market is not stable, and it is going down and down.

Better to wait for a better time, and everything is going to be fine.

TRADE OR HODL

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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?

Nah, maybe sold everything you got, including your house, dog, cat, kidney and wait for next bull run as i just did (without kidney). Buy some tokens here, 0x and BAT, ETH maybe. Decide for yourself.

mornabo

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Quote from: conected on November 22, 2018, 09:48:40 AM

Quote from: ShadowBits on November 22, 2018, 08:35:27 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?

Depends on you though. In this kind of bear market you can still profit a lot, but if you see that you are not good with it then it is up to you to quit trading this bear and just wait for the bull market again.

- Bear market can really bring us a lot of profits but huge risk will always appear beside the huge profits, and as we can see, many traders also want to make a lot of money in this market, their situation now is probably not so positive, the loss has clung to them, and this loss is getting bigger. Not only the ordinary traders, the experienced traders are also unable to escape this situation, whales have completely controlled the market, we plunge into just become prey, the best that we should be outside this war, only come back when everything has gone into orbit

I don't think that when bearish happens gives you a lot of profit? do you know prices are often weaker than prices rise? if you are wrong in determining the timing to sell maybe you will lose a lot if you do not cutlose, because prices will continue to weaken? Bearish are more risky because changes in prices rise more rarely, you must be more observant in analyzing

Panchum

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Be Good to me!

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?

I suggest no,because only trading have profit now even its not too big to profit but atleast theres an income for daily needs.lt can provide the needs of the family so l think trading is good.

emberbekas

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Quote from: Xuaojango on November 23, 2018, 03:34:36 AM

I think we should sell everything and wait for the market to come down so we can buy. I think it is not time to buy now

It can be an alternative. Instead of keep holding while the price is in the long down trend, we may cut the loss by selling our coins and wait for the price to move down even deeper then start to make a buy order again. In the bad situation, we may change our strategies in the hope we can gain profit in the upcoming days.

Topic: Should I stop trading in this bear market? - page 4. (Read 4466 times)