Should I stop trading in this bear market? - page 6.

Ipwich

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: cute nmp on November 20, 2018, 02:17:18 PM

I dont think trading will be profitable in this kind of bearish market that is not showing any signs of recovery upto now .One can only make little profit trading this time or make great losses because prices are always going down only some few altcoins rise during the bear market but the best thing is to give trading a break during this kind of market till it recovers.

If you feel like you are not effective during this bearish times, you need to take a break.
The market is here to stay, it's not advisable to trade when you are not optimistic because it will only result a lose in the end.
You might be disappointed and will loss the drive within, just relax and be calm all the time, bearish market won't last.

cute nmp

jr. member

Activity: 1708

Merit: 3

I dont think trading will be profitable in this kind of bearish market that is not showing any signs of recovery upto now .One can only make little profit trading this time or make great losses because prices are always going down only some few altcoins rise during the bear market but the best thing is to give trading a break during this kind of market till it recovers.

Timmzzy

member

Activity: 785

Merit: 34

SOL.BIOKRIPT.COM

Quote from: Tduty on August 14, 2018, 03:20:29 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?

In my opinion I will say stop, because the bear is way too much if you count out your loss and it's higher than what you invested I a good idea to stop and hold till everything is stable.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

If you are a good trader, then you should not care whether the market is going up or down. Because profit-making opportunities are present with both the scenarios. But you need to use your brain and control your emotions. Grin

Dudeperfect

hero member

Activity: 1190

Merit: 534

I believe that a good investor/trader has the ability to deal with any kind of situation arising in the market. However, not investing and trading is a wise idea if the situation is out of his control and understanding. If someone is willing to take a risk by trading out of his comfort zone then he should be ready to deal with the consequences arising out of such decision. However, never blindly follow others opinion because they don't have the complete picture and understanding of your skills, knowledge, experience and understanding.

Marcsymon

member

Activity: 322

Merit: 10

First you need to think if you have good benefits when doing trading in this bear market. If you are getting profits with your invested crypto coins why not to trade even in this bearish trends. It's a matter of doing good business when profits is at hand even if how the market will behave, it's either bearish or bullish at the moment of doing trading.

axxo

hero member

Activity: 916

Merit: 500

No one can really predict until when would be the bear market. The market now are getting red again and it was very fast moving downwards. I think this would be the time to take advantage and buy more at a lower cost.

Coolman4

newbie

Activity: 72

Merit: 0

as downtrend is stronger small investors like us should be extra careful we should wait until there is some is strong correction towards buying and enter with our risk calculated risk

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: katerinaliisa on November 20, 2018, 03:35:23 AM

Even in this bear market you can earn. I have stopped independent trading, because I can not trade in a falling market, but I trade on the signals of my friends. These guys are good at analyzing and as a result, my finances are increasing every day thanks to them.

At the moment the price of the major coins are in the downtrend and it is better to wait a while until we see a sign that the downtrend is over. If we trade today, it will be very risky. I think your friends that you follow will do the same thing at current state.

katerinaliisa

jr. member

Activity: 378

Merit: 1

Even in this bear market you can earn. I have stopped independent trading, because I can not trade in a falling market, but I trade on the signals of my friends. These guys are good at analyzing and as a result, my finances are increasing every day thanks to them.

Willarrmay

newbie

Activity: 30

Merit: 0

Quote from: cryptowolfsu on November 15, 2018, 09:12:17 PM

The market is volatile on bearish market as well and it is business as usual for traders. You have just to adopt
your trading strategies to the market conditions to be successful.

It is hard to take out profit from your assets when it is like a financial crisis in the crypto market. However if your initial cost had been lower than the current market prices, you can still make money in the bear market.

conected

hero member

Activity: 1302

Merit: 503

Quote from: Wayan_Pedjeng on November 17, 2018, 02:12:42 AM

If you are good in trading, then you should not worry too much about the falling prices. You can use this opportunity to purchase some of the coins, which looks under-priced right now (such as Cardano and NEO) and you can sell them at a higher price later.

- Speak honestly, when we face this situation, the worst situation we have not seen for a long time, even if we are good and have enough experience in trading, we should not continue to participate in trading, the risk is really alarming. Agreed that we have a lot of opportunities to accumulate, even we will get huge profits when prices rise again but things are still uncertain, this collapse is too scary and almost becomes a historical mark, it can still get worse, to avoid loss and get the safety, stop and observe is still the best

jambul_kribo

sr. member

Activity: 980

Merit: 250

Quote from: dmty.0809 on November 17, 2018, 03:08:10 AM

All you have to do is hodl, don't force to buy when in an uncertain situation, because if this is not your luck, then you will get worse. I also still have lots of coins. I believe that bitcoin and altcoin will rise again.

we need to be more patient if we want to see our asset recovered.but my opinion dont be give up with current condition.stop trading was not solution for us to face this condition.

dmty.0809

sr. member

Activity: 756

Merit: 250

All you have to do is hodl, don't force to buy when in an uncertain situation, because if this is not your luck, then you will get worse. I also still have lots of coins. I believe that bitcoin and altcoin will rise again.

KenChanYu

hero member

Activity: 1139

Merit: 500

Quote from: Ipwich on November 17, 2018, 01:32:49 AM

Quote from: ellehcar on November 16, 2018, 10:06:26 AM

You shouldn't stop trading. Even though the market had plummeted badly this year, you can still make a profit. It's better little than zero, or worse, negative, right? Just go on with the flow and always play safe. You can try daytrading and margin trading. I know some people who survive the market nowadays because of these, even I do. What you need to stop right now is hodling 'coz that would only bury you in heavy losses. Trade it, so that it'll grow and you'll somehow make profit.

If you want to be a successful trader, you need to face this kind of situation and if you will survive and still profitable then for sure you have
better chance in the bull market. With difficulties, it will help us and improve our skills in trading, as long as the market is still volatile, we can make money
by day trading.

Absolutely, trdaing is really hard to deal off. But for those who has knowledge and experiences on trading, it will take more easily as it can give a huge of assurances to gain in return for the processing profits we deal to exchange. And for those who has not enough learnings on trading expect loses from it. And I think bearish is a good time to trade, so do not stop doing it because we can't excuse the outgoing results we create for the good profits.

Wayan_Pedjeng

sr. member

Activity: 913

Merit: 252

If you are good in trading, then you should not worry too much about the falling prices. You can use this opportunity to purchase some of the coins, which looks under-priced right now (such as Cardano and NEO) and you can sell them at a higher price later.

Ipwich

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: ellehcar on November 16, 2018, 10:06:26 AM

You shouldn't stop trading. Even though the market had plummeted badly this year, you can still make a profit. It's better little than zero, or worse, negative, right? Just go on with the flow and always play safe. You can try daytrading and margin trading. I know some people who survive the market nowadays because of these, even I do. What you need to stop right now is hodling 'coz that would only bury you in heavy losses. Trade it, so that it'll grow and you'll somehow make profit.

If you want to be a successful trader, you need to face this kind of situation and if you will survive and still profitable then for sure you have
better chance in the bull market. With difficulties, it will help us and improve our skills in trading, as long as the market is still volatile, we can make money
by day trading.

ellehcar

member

Activity: 420

Merit: 10

You shouldn't stop trading. Even though the market had plummeted badly this year, you can still make a profit. It's better little than zero, or worse, negative, right? Just go on with the flow and always play safe. You can try daytrading and margin trading. I know some people who survive the market nowadays because of these, even I do. What you need to stop right now is hodling 'coz that would only bury you in heavy losses. Trade it, so that it'll grow and you'll somehow make profit.

LupeKidman

full member

Activity: 126

Merit: 100

According to me trading can provide us with huge profits but only if you have enough experience and skills for it.Trading is not simple as investing and holding.You have to keep an eye on the rise and fall of the price and have to sell your coins on regular basis.So if you think that you are skilled enough for trading then you should definitely go for it.It will provide you with a lot of profits.

coinexplorer1

newbie

Activity: 14

Merit: 0

Do you think we're out of the bear market now?

Topic: Should I stop trading in this bear market? - page 6. (Read 4477 times)