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Topic: Should I stop trading in this bear market? - page 8. (Read 4466 times)

hero member
Activity: 1092
Merit: 501
This is the right time to accumulate some good altcoin at very low price. After few month bullish market will come. Then you can sell your coins at high price with profits.
The problem is to know exactly which coins to buy, something that it is already very difficult to do with thousands of coins in the market and with many appearing every day, so the best thing to do in my opinion is to do nothing, just wait until the market begins to give some signs of recovery before you begin to buy worthless coins that will not give you profits.
newbie
Activity: 33
Merit: 0
Many people afraid trading in the bear market but people should buy at the current situation of the market because we will be getting them at cheap prices. Instead of panic about the market better try to learn more trading knowledge in the bear market only.
I think that the market price is trading too much stable which indicate that the price of bitcoin will very soon start increasing and therefore I think that it is the best time for investment, so I think that if you can manage to invest more and more money in bitcoin in current position it will be no doubt a very good decision.
full member
Activity: 532
Merit: 102
Not a good idea to trade now for short hours. It looks like a big lull in front of a big tsunami. Of course, a professional can trade in such a sluggish market, but it is also dangerous. Wait for the turn of the market when it is favorable, for example, I am now studying and staying in good icoprojects. I think the best solution so far Wink
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
How should someone decide this year wherein for almost a year of bearish market? This is crucial for traders. The expected bullish period during the fourth quarter is still far from reality, though the market is a bit stable for the meantime. Would this stability enough for the bullish traders to come back in trading? I think it would be good to back to trading this month because this seems to be the turning point from bearish to bullish. Then, early next might be the much awaited bull run.
hero member
Activity: 1064
Merit: 500
If you don't have the skills to trade in a bear market and still losing many trades then it is time to stop and continue learning some technics on how to make profits even during bear season. Both bear markets and bull markets represent big opportunities to make money, and the key to success is to use strategies and ideas that can generate profits under a variety of conditions. This requires consistency, discipline, focus and the ability to take advantage of fear and greed. So education that couples with actual trading is still the best way to become an skilled trader for both market situations.

The best thing and the perfect choice for a beginner is just to hold. Do not risk - trading when the cryptocurrencies can go down any time can lead you to the fail. It is better to go on learning everything about the cryptocurrencies and wait.
full member
Activity: 574
Merit: 102
https://adonx.one
The price of crypto sure there are will be the bottomed when down trend but we dont know which level price will be become the deepest. We should keep trading to catch the bottomed , and to avoid losss we should be use stop loss. When the price of crypto going down to more than 80% , so we have opportunity to make profit because the price will push.
full member
Activity: 438
Merit: 104
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?
Without a doubt, the market is now not in the best shape. But as you said, trade is like drug addiction. I think if you really want to trade so much, you just need to adjust to the market. In another case, only hold.
This addiction is good for your future. in gambling or drug addiction you will lose your health and money both, besides trading addiction will make you rich and rich with the passage of time. In my view you should not quit trading because of the bad conditions in the market. $6400 is quite good price for bitcoin and few hundred dollars up and down can give you big profit.

Its better to hold your portfolio for sometime and not to do guess work at this market. The fluctuations are high and affecting many altcoins in the way. If you are not confident enough to trade then its better to hold yourself back until the next bullrun.
Long term investment is for those that do not know crypto trading, but a trader I think should not set idle without trading. Don’t be panic and be positive and strong to handle this bearish situation. Quitting for some time is also good but that should not be the attitude of a good trader. You must face this situation. Many traders are making money in this situation they why not you?
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
Yes, it is better to stop trading in the market because fluctuation is kept increasing in the market which makes us lose value and fluctuation are kept increasing because of Bitcoin price is not stable and this makes more fluctuating more in the market.
sr. member
Activity: 1652
Merit: 299
Definitely defends on your time frame, if youre in it for the long term its probably best to by at these low prices but if youre looking for quick flips I wouldn't be participating with these "falling daggers".
No, I think trading is always good to continue in any market conditions but if you see that there are very little possibilities to make fine profit then you can hold all your coins for some more time in order to let stabilizes conditions with the passage of time.

However, good strategy that most of the investors follow is to buy on lowest price as much as possible that will reduce starting expenditure and then holding of these coins will lead you to bull market.
full member
Activity: 1708
Merit: 126
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?


Stop when you are n gaining any profit anymore. It is important that you'll know when to trade and when to stop. You should trade when the value is good enough to have a good gain. You better hold when you are not gaining anything because the market would still go back to it's normal value soon.
hero member
Activity: 1008
Merit: 501
It seems like you're very upset with the price and the bear market. whether the bear market short or long, it doesn't mean that you are at the end of your way through bitcoin. up-and-down are always there, take turn to happen. So, be patient, there's always time, a good one where you can get profits a lot more.
We dont know this condition will last ? but it would be better if you take advantage of the best possible moment when the opportunity comes to you. you're right that the price will always go up and down. and bearish doesn't mean the price will continue to falling right? sometimes the price will rise and then you should make the best use of it for profit
member
Activity: 350
Merit: 11
It seems like you're very upset with the price and the bear market. whether the bear market short or long, it doesn't mean that you are at the end of your way through bitcoin. up-and-down are always there, take turn to happen. So, be patient, there's always time, a good one where you can get profits a lot more.
newbie
Activity: 4
Merit: 0
Hi guys, I've built a web application, that tracks social-media activity ( telegram, reddit, bitcointalk, discord, ... ) of crypto-projects. It is supposed to help improve trading-decisions. The app is for free.

I would love to get some feedback on it, please let me know what you think, this is my personal mail: hayk.gregorian90@gmail

The App is called cryptorunup ( www.cryptorunup.com )  , oh this is no promotion or whatsoever !!! also: the site might be lil buggy on firefox..sry bout that

Thx guys!
legendary
Activity: 1904
Merit: 1000
Many people afraid trading in the bear market but people should buy at the current situation of the market because we will be getting them at cheap prices. Instead of panic about the market better try to learn more trading knowledge in the bear market only.

Bear market is the good time to buy and hold it for the next bull. But as I can see, people prefer to start buying when the price is in the up trend which is for me looks a bit too late. And unfortunately, at the downtrend they are afraid to take the risk.
full member
Activity: 1134
Merit: 102
Many people afraid trading in the bear market but people should buy at the current situation of the market because we will be getting them at cheap prices. Instead of panic about the market better try to learn more trading knowledge in the bear market only.
sr. member
Activity: 756
Merit: 252
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?

to tell you frankly, your the only one who knows if you need to stop or not. It is because even if I say no, you do not want to stop it but you continue to do it but you don't have any coins to trade in ti will be useless I think. Now the present value price of bitcoin now was 6451$ while
ETH was 203$ so its up to you if you proceed or not pal.
This seems to be the right answer, each person at the end of the day needs to take the right decision for himself and it is impossible for us to know all the details about his life to make the best decision for him, but fortunately for him there is a person that knows every single detail about him and that is himself, so if he thinks his trading is getting out of control then he needs to stop and try to do something else.
member
Activity: 223
Merit: 11
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?

If you feel that you have sufficient knowledge and experience to trade in the current period, I recommend that you do the transaction, but if you do not have sufficient knowledge and experience, the best advice I can give you is that you will only make purchases and direct your long term investments during this period.
jr. member
Activity: 238
Merit: 7
There are some traders who are gaining profits even from this bearish market, it all depends how skilled you are in trading. A skillful trader always knows how to extract profits even the market is in bearish or in bullish. If you were gaining profits when the market was in bullish then it could be luck only as everyone knows during that all coins are going up but the real war is now that how you utilize your skills to gain from the current market.
sr. member
Activity: 910
Merit: 257
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?

Although it is not so conducive right now, I would say that why would you stop if you feel that you can still get some profit from it. Whether it's in the bear or bull market, it will still show some changes and gains, it may not be as big as it is on the bull market, but right now, since the market and its assets are not doing so well, having some profit is always better than not having any at all. Also, I think it's also a good opportunity to actually gain some experience while things are slower and the rater of losses can at least be mitigated.
member
Activity: 490
Merit: 10
Trading in a bear market is not much different from trading in a bull market. The same methods of margin trading are used and for a good trader there is no difference whether the market is growing or falling.
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