there's honestly simple solution to this where it won't jeopardize your portfolio, simply put having differentiated portfolio will save your day when in bullish like this.
trading using the portfolio where you should be holding instead since bullish always means price always going up could defnitely break your routine and cause you to miss most opportunities that bullish has presented.
imagine if someone is trading solana, instead of investing and holding for long term they traded and make money when the price rises as little as 10% they'd definitely 100% misses the opportunity to get 20x like other investors out there.
sometime trading is just waste of time and also making us missing opportunity that we should be having in the first place if we are not eager to just keep on trying to make big profit through trading while the outcome is just sub par compared with those investors that holds for long term.
like i stated earlier,the key is maybe simply just try to make different portfolio, whatever is for trading you only use it for trading, while the investment portfolio will only focused on investment.
Topic: Should trades be closed only when the market is bullish? (Read 780 times)
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
I think you are mixing things up here, trading more doesn't put our trading account in jeopardy unless we are mismanaging our trading account. The plan could be faulty, if not, one can do whatever they like when the market is strongly trending up or down. What matters is for the trader to know the right striking level and time and the exiting level at the same time, and also know the right money and risk management to use at that point in time so that the view that the market is bullish and smoothly trending will not cloud our judgement. The market is funny and the one you see seriously trending up for hours and that has moved 250 pips steadily could suddenly reverse sharply downwards with more than 350 pips depending on the factor that caused it. For this, serious traders will always be ever ready even as the safety of our trading accounts should be the top priority and not the expected earning itself. What is your experience in this field?
It is normal to see people start trading when the price rises. But they need to be able to understand that the increase will not happen forever so they need to know when they should stop trading for a while. Maybe it can endanger our trading management but as long as we can reduce the level of risk of loss, we can continue trading and make a profit.
Maybe they can start trading when the price is at the bottom. By buying at the bottom price and waiting for it to rise again, it will benefit us. The problem is that we never know if it really is a bottom or if the price will drop even further.
That is why we must be able to regulate the number of purchases we make. Don't immediately buy large amounts but start by buying small amounts to see market movements. If the price continues to decline, we can buy a little more until we see a reversal. When the reversal has occurred, we can add more purchases and get ready to sell at the high price we want. The problem is that many of us then become greedy because we want big profits. However, the price cannot continue to rise upwards because the price will experience another correction and cause it to fall downwards.
Maybe they can start trading when the price is at the bottom. By buying at the bottom price and waiting for it to rise again, it will benefit us. The problem is that we never know if it really is a bottom or if the price will drop even further.
That is why we must be able to regulate the number of purchases we make. Don't immediately buy large amounts but start by buying small amounts to see market movements. If the price continues to decline, we can buy a little more until we see a reversal. When the reversal has occurred, we can add more purchases and get ready to sell at the high price we want. The problem is that many of us then become greedy because we want big profits. However, the price cannot continue to rise upwards because the price will experience another correction and cause it to fall downwards.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
Thats called FOMO and the selling that occurs when bitcoin value drops a lot is the opposite of it. This is common and something you can see during every cycle.The thing to take advantage of is the high selling price that you can get when the price is at the top and people are FOMO buying, so you can dump on them at a high price and hold that USDT for when the price drops, people will panic sell and you can use the USDT to buy at a discounted price.
So yes trades should be closed/sold when the market is bullish and opened/bought when the market is down.
There are times when you should be able to maximize market volatility during the bullish season - this should make you increase your trading activity as much as you can afford the risk. If you can trade and take profits 1x per 24 hours on a typical day - then you should be able to at least try 2 to 3 times taking profits during a bullish season.
It's up to you what you consider - what is clear is that futures are a type of trading that attracts many enthusiasts, both experienced traders and novice traders. Trading futures will clearly be a gamble if you just hope for quick profits without doing any analysis - however, if you make the analysis and use reasonable leverage then it is not a gamble.
Spot trading has a stop loss feature - future trading also exists, it's just that the way these two types of trading work is different. You can expect your coins to remain intact when the price falls 100% of your initial purchase value - while you will lose all your money on futures trades when you receive liquidation.
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I don't consider futures is actually comes under the trading category because it's just a gamble and leverage is highly risky that will not let us to decide with full potential because of the fear of losing capital that we can't bear. Only spot trading should be done for the stressless trading experience where we can also use the stop loss feature to avoid liquidation.Spot trading has a stop loss feature - future trading also exists, it's just that the way these two types of trading work is different. You can expect your coins to remain intact when the price falls 100% of your initial purchase value - while you will lose all your money on futures trades when you receive liquidation.
In general they should know what is their target with their trade, it can be a 1 or 2% rise or a long wait that depends on every trader and what kind of trade they are doing.
If you are only doing spot trading, of course don't sell your assets n losing positions. Just be patient and wait for price to get into your favor. If only you have more patience to wait, you'll gonna make more money. But if you are trading futures or with leverage, make sure you have the stop loss so you can protect your capital from bleeding because your stop loss will serve as the invalidation of your trade idea and you don't want to lose all your money just because of that one trade.
You see trading is not just pushing buttons for buy and sells. It's also managing your emotions so that you won't make stupid decisions when you are waiting for the right moment to buy/sell.
I don't consider futures is actually comes under the trading category because it's just a gamble and leverage is highly risky that will not let us to decide with full potential because of the fear of losing capital that we can't bear. Only spot trading should be done for the stressless trading experience where we can also use the stop loss feature to avoid liquidation.
If you are only doing spot trading, of course don't sell your assets n losing positions. Just be patient and wait for price to get into your favor. If only you have more patience to wait, you'll gonna make more money. But if you are trading futures or with leverage, make sure you have the stop loss so you can protect your capital from bleeding because your stop loss will serve as the invalidation of your trade idea and you don't want to lose all your money just because of that one trade.
You see trading is not just pushing buttons for buy and sells. It's also managing your emotions so that you won't make stupid decisions when you are waiting for the right moment to buy/sell.
It definitely depends on the type of trade OP is talking about. For a spot trader once the market is undergoing a bearish correction it is best advised to stop selling and then start buying the coins which you have strong convictions on, this counts as part of DCA method too. But should you decide not to buy more then leave the trade as it is in spot so as not to close on loss.
As for future or perpetual trading you can simply trade on any different type of market once you have the essential knowledge. You usually play long on bullish period and go short during bearish periods. It is also worth knowing that even within this different period both long and short trades can take place most especially for daily traders.
But if you’re a less knowledgeable person it is not advised to trade during this as it might require you setting a tight stop loss which is essentially for the knowledgeable traders
In general they should know what is their target with their trade, it can be a 1 or 2% rise or a long wait that depends on every trader and what kind of trade they are doing.
If you are only doing spot trading, of course don't sell your assets n losing positions. Just be patient and wait for price to get into your favor. If only you have more patience to wait, you'll gonna make more money. But if you are trading futures or with leverage, make sure you have the stop loss so you can protect your capital from bleeding because your stop loss will serve as the invalidation of your trade idea and you don't want to lose all your money just because of that one trade.
You see trading is not just pushing buttons for buy and sells. It's also managing your emotions so that you won't make stupid decisions when you are waiting for the right moment to buy/sell.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
now, if you are a trader, you can not only profit when the price of Bitcoin moves up, but you can also profit when the price of Bitcoin decreases (btc down), so the assumption that a trader will only profit when the market is bullish is a wrong perception. What is your experience in this field?
from my observation, those who often experience losses in the crypto market are those who have FUD and also FOMO, as much as possible avoid the two things above, actually becoming a trader now is quite easy, there are many privileges that we can take advantage of, just be consistent and patient in trading is not owned by everyone who is carrying out trading activities.
If you are someone whose really that not that still satisfied with the profit you are making then you would be that still holding your position and leave it open but if you are really that already
satisfied then you could really close it out and call it a day. Doesnt matter on what the market trend would be as long it is really that something that will really benefit you out then
this is something that you do need to focus into.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
now, if you are a trader, you can not only profit when the price of Bitcoin moves up, but you can also profit when the price of Bitcoin decreases (btc down), so the assumption that a trader will only profit when the market is bullish is a wrong perception. What is your experience in this field?
from my observation, those who often experience losses in the crypto market are those who have FUD and also FOMO, as much as possible avoid the two things above, actually becoming a trader now is quite easy, there are many privileges that we can take advantage of, just be consistent and patient in trading is not owned by everyone who is carrying out trading activities.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
People that pretend to be good traders and have no knowledge about trading are the ones that trade only during the bull run; they pretended to know how to trade using different strategies just because the Bitcoin price is in an increasing order which is favorable to anyone then because everybody can trade them and be profitable.What is your experience in this field?
When the Bull market is over, that is when we know the real traders that knows how to trade because they do maintain irrespective of the market conditions, and they don’t stop trading because of bear market because they know how to make profit since they have experience and have learned about trading before starting to trade.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
Experimentally, traders make a lot of money during bullish trend than any other trend the market might be in. A lot of traders who have stayed long in the market knows how cryptocurrencies behave and how they rally around the market when bitcoin is on the increase. They begin to long the market as soon as they see the signal and for those that have proper risk management employed in their trades, they immediately exit the market within a short time which they would have already made a lot of profits. It is just on the basis of how you understand the market and what works for you best and you are able to take the risk in it.
Maybe for you and for some only? But, a controlled trader will stick on their plans and will not get tempted by such event because they know the consequences for it. Given that there are people who FOMO in bullish periods, we can say that losses are also common during it apart from the bearish times.
Bulls and bears are part of how this market works and in order for us to profit we need to utilize them properly, so no that we should not close our trades on the bull or in the bear, unless only if we are deciding to take a break from trading for a while because we are already in a great profit and want to enjoy it, or we got depressed.
Bulls and bears are part of how this market works and in order for us to profit we need to utilize them properly, so no that we should not close our trades on the bull or in the bear, unless only if we are deciding to take a break from trading for a while because we are already in a great profit and want to enjoy it, or we got depressed.
Trades can be executed to avoid huge losses as well which means it can be done even when the market is in red. In general they should know what is their target with their trade, it can be a 1 or 2% rise or a long wait that depends on every trader and what kind of trade they are doing. Not everytime the market will not move in the way that we expect so by that time we have to close our positions against our decisions.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
I have learned a lot from trading futures and the spot market, regardless of the phase of the market, whether we've entered a serious bull run or not, I'm being cautious, I stick to my plans, I'm very much concerned about what I will do in the market and have peace of mind, that's just the key to survive. The market has thought a lot on how not to risk high regardless, if the price is going to the moon or not, Always take profit whenever it is necessary because the truth is that you can't gain it as a retail trader or even as investor, Never keep your profits together with your trading capital, else at some point, there high percentage chance that profit will be given back to the system if care is not taken. What is your experience in this field?
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
It seems what you say is true. And this also happened to me. i.e. I tend to trade more frequently nowadays especially after the bitcoin halving. Even though before that I rarely traded. And the funny thing is that in this bull market, I actually have difficulty making a profit. but I also didn't get any loss. I just keep making profits and losses over and over again. Usually I only trade medium term. And I think I'll try to go back to my original path again. That is, I will trade medium term again instead of having to open the market every day and make my mentality a little tired. And this disturbs my work a little. So I have to temporarily close the market while waiting for the altcoin that I hold to reach the target price that I hope for. What is your experience in this field?
...So those thinking about taking profits should be very careful, since if they do so and then the market keeps going up, they could miss the rest of the upward movement, as they could be very reluctant to buy bitcoin for its new and higher price if that happened.
Most novice traders have very high expectations from trading, which in practice turn into a loss. And if you fix your profit in the bull market in parts, or at least tighten the stop loss following the rising price, then such a strategy will always bring profit.
...So those thinking about taking profits should be very careful, since if they do so and then the market keeps going up, they could miss the rest of the upward movement, as they could be very reluctant to buy bitcoin for its new and higher price if that happened.
Most novice traders have very high expectations from trading, which in practice turn into a loss. And if you fix your profit in the bull market in parts, or at least tighten the stop loss following the rising price, then such a strategy will always bring profit.
Since traders know the reason why they are in the market, there is nothing will stop them not to trade when there is a bull run in the market because they understand the season very well that, this is the season to make profits from the market.
Traders must buy from the market during the bear market, before they can trade their coins in the market, and many traders use bear run to buy any amount of coins they want and wait for the bull run which is a special season that use to occur once in every 3 or 4 years.
Those traders you are seeing in the market, they are not there for fun because that is their source of income which is the reason why they don't play when they have some huge amount of coins to trade in the bull run.
Traders must buy from the market during the bear market, before they can trade their coins in the market, and many traders use bear run to buy any amount of coins they want and wait for the bull run which is a special season that use to occur once in every 3 or 4 years.
Those traders you are seeing in the market, they are not there for fun because that is their source of income which is the reason why they don't play when they have some huge amount of coins to trade in the bull run.
It's just like this: if you don't want a headache, don't do day trading mo instead long term ang gawin mo, because you'll only get stressed for sure in the end. Especially if you don't have enough knowledge of crypto trading.
It's very difficult to keep up with traders who really know; they don't feel like you know a lot when, in reality, you don't have much.
It's very difficult to keep up with traders who really know; they don't feel like you know a lot when, in reality, you don't have much.
When people open trades for a long period of time, no one ever sees the price. In fact, the market should be understood. Besides, it should be understood when the market movement is high or low. It is difficult to understand the behavior of the market here.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
It's just like this: if you don't want a headache, don't do day trading mo instead long term ang gawin mo, because you'll only get stressed for sure in the end. Especially if you don't have enough knowledge of crypto trading.
It's very difficult to keep up with traders who really know; they don't feel like you know a lot when, in reality, you don't have much.
For those who advice OP to actually take profit during bullish periods in a cycle, could you truly tell yourself that it has been more profitable for you compared than if you simply had a long term HODL strategy and hold your Bitcoins for more than one cycle? I believe less than 10% of people in BitcoinTalk could claim to be profitable by more than 50% against Bitcoin during every cycle. The rest of us are mere plebs.
Most traders cannot even beat the markets, what this means is that from the small group of traders that can obtain profits by speculating with the price, most of them cannot obtain more money than what they could have obtained by simply holding their assets long term.
That's the actual point. What would be the use of going through the stress, the anxiety, and the mental insanity, if a pleb could only profit less than 10% if he/she denominated his/her capital in Bitcoin? ¯\_(ツ)_/¯
In many situations, plebs like us may profit in fiat, but actually lost units in Bitcoin = he/she is still a loser.
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So those thinking about taking profits should be very careful, since if they do so and then the market keeps going up, they could miss the rest of the upward movement, as they could be very reluctant to buy bitcoin for its new and higher price if that happened.
In a bullish market, all DIPs are always for buying. Average your winners through DCA/Buy the DIP.
I doubt merchant traders even care for whether the market is bullish or bearish before setting out to trade for the day, because as they know, there's always a way to make profit from trading if you know how to listen and pay rapt attention to trends.
As one of my friends usually would advice me to trade full-time since I can make good betting predictions and win most times. I still do remind him that there's a difference between trading and betting or gambling, but that one common essential that's required is knowing when to quit, when to HoDL or accept payouts and when to go at it hardcore.
An investor could also be a trader, but a trader might unlikely be an investor. Know the difference and know peace.
I would guess that it is harder to make money during the bear runs, so even though they do trade at any given market, I bet that they would prefer the bull market because it's easier to make money during that time. That is of course just a guess and I am not a trader like that so I wouldn't know if that's right or wrong. As one of my friends usually would advice me to trade full-time since I can make good betting predictions and win most times. I still do remind him that there's a difference between trading and betting or gambling, but that one common essential that's required is knowing when to quit, when to HoDL or accept payouts and when to go at it hardcore.
An investor could also be a trader, but a trader might unlikely be an investor. Know the difference and know peace.
I am making an assumption that making a profit when the coin prices are going higher is easier so they must be prefer that. Of course that doesn't mean that they are just making a loss or doing nothing during periods where it's a bear market, just because prices are going down doesn't mean that they can't make a profit, they would probably still make some profit no matter what they do, that is important.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
As a trader it's quite dangerous to buy high that is when the market is at the peak I believe that is the zone to take partial profit as a long term trader while short term traders can take all their profits and wait for another pullback of the price thus buy low using DCA, price movement is fractal and considering the high volatility of prices of cryptocurrencies and once profit is not taken at the appropriate period when the market is very bullish then there is the tendency that price would drop which can lead to liquidating account of future traders, I had a personal experience of not taking profit at a bullish market consequently ended up losing the trade. What is your experience in this field?
For those who advice OP to actually take profit during bullish periods in a cycle, could you truly tell yourself that it has been more profitable for you compared than if you simply had a long term HODL strategy and hold your Bitcoins for more than one cycle? I believe less than 10% of people in BitcoinTalk could claim to be profitable by more than 50% against Bitcoin during every cycle. The rest of us are mere plebs.
Most traders cannot even beat the markets, what this means is that from the small group of traders that can obtain profits by speculating with the price, most of them cannot obtain more money than what they could have obtained by simply holding their assets long term.So those thinking about taking profits should be very careful, since if they do so and then the market keeps going up, they could miss the rest of the upward movement, as they could be very reluctant to buy bitcoin for its new and higher price if that happened.
It's a common mistake we make but someone who is an expert trader will have a clear strategy and won't overtrade or trade without a clear strategy because they know when to take profit and when to enter and exit a trade, but newbie or someone new the trading world will be the ones to mess up especially during bullish market as they think they can make more profit by trading more often which is a myth provided you randomly trade without a strategy I think we need a clear plan just like how companies have standard operating procedure we need our trading strategy else we wil be sour losers.
For those who advice OP to actually take profit during bullish periods in a cycle, could you truly tell yourself that it has been more profitable for you compared than if you simply had a long term HODL strategy and hold your Bitcoins for more than one cycle? I believe less than 10% of people in BitcoinTalk could claim to be profitable by more than 50% against Bitcoin during every cycle. The rest of us are mere plebs.
I doubt merchant traders even care for whether the market is bullish or bearish before setting out to trade for the day, because as they know, there's always a way to make profit from trading if you know how to listen and pay rapt attention to trends.
As one of my friends usually would advice me to trade full-time since I can make good betting predictions and win most times. I still do remind him that there's a difference between trading and betting or gambling, but that one common essential that's required is knowing when to quit, when to HoDL or accept payouts and when to go at it hardcore.
An investor could also be a trader, but a trader might unlikely be an investor. Know the difference and know peace.
As one of my friends usually would advice me to trade full-time since I can make good betting predictions and win most times. I still do remind him that there's a difference between trading and betting or gambling, but that one common essential that's required is knowing when to quit, when to HoDL or accept payouts and when to go at it hardcore.
An investor could also be a trader, but a trader might unlikely be an investor. Know the difference and know peace.
Trading is something that can't be done without enough knowledge and one can't expect to start trading and earning profits without even analysing the market and possible opportunities no matter what market conditions are.
Trading is risky and if a trader can not control risk well enough and don't have plans to enter and exit the market with detailed plans and do it with good discipline, loss will come.A trading position should be opened only if a trader see chance to get profit is bigger than chance to get loss, and with another important condition, there is a defined cut-loss price.
If a trader opens a position without a cut-loss price, it is terrible. At least he must know about a cut-loss price for that position and try to execute it with good discipline.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
Trading is something that can't be done without enough knowledge and one can't expect to start trading and earning profits without even analysing the market and possible opportunities no matter what market conditions are.Let me give you an example. Every cryptocurrency has one up point and one down point, and if you understand that coin very well, you will know when it is time to buy and when it is time to sell, so whether it's a bull market or bear market, you can keep trading. If Bitcoin is at $61k, this can be a buying point, and once it reaches $70k, that will be a selling point for a trader taking a small percentage of profit.
So, people mostly face losses because of them having no knowledge about the market.
I have seen many people who are very good at trading but still make these mistakes. When the price of Bitcoin goes up they get frustrated and make the wrong decision is a tendency that works in many people at different times. There seem to be many of us who give advice to others. But when we open a trade we cannot control our emotions. Because we forget that we should control our emotions.
You are right, I have been in this situation, but one thing I have controlled, and that is to control my excitement and to keep patience. I have seen my overall portfolio with more than $500 loss and controlling my emotions like nothing happened, and to recover that balance but still did not book a penny because I have plans and stuck to them.The main reason should be, that you have to choose a better coin to invest in like ETH BTC, or AVAX, or whatever other coin, investing funds only in BTC is always profitable. But doing future trade is what makes most people paranoid and doubtful and they are unable to control their emotions, no matter how expert they are, so that's why I have left future trading.
This is why I believe that we should be considering the situation to be growing a lot. I hope that we could probably see the market go up, that way people would not have any type of trouble in any given moment and should be considering it as normal as it gets.
I have seen many people who are very good at trading but still make these mistakes. When the price of Bitcoin goes up they get frustrated and make the wrong decision is a tendency that works in many people at different times. There seem to be many of us who give advice to others. But when we open a trade we cannot control our emotions. Because we forget that we should control our emotions.
You are right, I have been in this situation, but one thing I have controlled, and that is to control my excitement and to keep patience. I have seen my overall portfolio with more than $500 loss and controlling my emotions like nothing happened, and to recover that balance but still did not book a penny because I have plans and stuck to them.The main reason should be, that you have to choose a better coin to invest in like ETH BTC, or AVAX, or whatever other coin, investing funds only in BTC is always profitable. But doing future trade is what makes most people paranoid and doubtful and they are unable to control their emotions, no matter how expert they are, so that's why I have left future trading.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
I probably fall into the category of people who trade more often when the bull market comes. Because I think trading in a bullish market has a profit ratio that is much easier to obtain. The important thing is that we use money that is specifically prepared for trading and not use money that was originally put into investments. In a bearish market, we always see that new altcoins that are listed will immediately experience a sharp decline after rising at the start of the listing. But we can see that the bullish market has now started. We can see that new altcoins listed on the stock exchange can even continue to increase and very few experience major corrections. So this can be more profitable for those of us who trade. But even though I mentioned trading more often, actually I can only trade after I finish my job. So the word 'often' used by me might mean 'rarely' for those who are used to actively trading. What is your experience in this field?
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
Taking profits is fine when the market rises. I think this is what we saw after bitcoin reached a new ATH, many traders wanted to take some profits and we saw the price drop down to the 60,000 USD levels again. But once all the investors took their profits the price rose again. This is why it's so important to have alternative investment opportunities before we are taking profits. Just selling some bitcoin to hold fiat cash doesn't seem like a good idea to me. Trading more during bull markets implies that we are switching into other investments, which is a good thing. Diversifying our crypto coins into new projects can lead new profits, but it's not a guarantee. Taking profits only to see the Bitcoin price rise even higher is not going to feel good. Personally I wouldn't touch most of my bitcoin and just continue to hodl.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
I think it would be easier to trade on bullish times. Bullish have a chance to increase earnings. Usually people close trades when bearish occurs. I think there is wrong momentum with your trading. Have you not calculated the risks that will occur? If not, you should do so before trading. This is about how to set your stop loss so that you don't experience losses. It is also possible that you were too hasty in trading while you did not see the opportunity for a correction, so you experienced a loss. Here you have to control your emotions so that you are not killed by your own greed. Just do it slowly and follow the trends that occur. Make this experience your teacher and continue to improve your trading skills.
First make a good plan, manage your risk and profit ratio, don't take more risk then the profit you are going to make, if you think for some X trade the risk is lesser and profit could be more then definitely go for it, even if the profit is not that much but risk is lesser then still go for that trade. (personal view, beside DYOR).
PS: Try to control your emotions and learn the sentiments that markets brings for us. Controling emotions is not a difficult task until you have good knowledge of FA and TA.
I have seen many people who are very good at trading but still make these mistakes. When the price of Bitcoin goes up they get frustrated and make the wrong decision is a tendency that works in many people at different times. There seem to be many of us who give advice to others. But when we open a trade we cannot control our emotions. Because we forget that we should control our emotions.PS: Try to control your emotions and learn the sentiments that markets brings for us. Controling emotions is not a difficult task until you have good knowledge of FA and TA.
I believe that people who know better could always end up being in the wrong sometimes and that is just the way the market works, because we are not robots. This is in fact why some people use bots to trade instead of trading themselves, because bots would not do anything outside of what they are told, and if you find a good strategy then they will just do that over and over again, without human mistakes. It's just not easy to find a strategy that bots could work with.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
For me it's just over-risking, over-trading, and micro managing. Since it's a bullrun, money easily flows in the market. Volatility is higher. Which means losing money is on its peak also.
The problem during this season is many people can make a lot of money, but they also lose it all the next day. Even they are just doing spot trading, they overtraded or over-risk to get their money back but they ended up losing their accounts. The profits they had during the week, they end up giving it back. Or in the other hand, they know they should be holding it long term, but they are managing it on 1H time frame. It doesn't make sense to micro manage it if you are there to invest. It will only lead to impatience and selling your coins into a loss.
Knowing where BTC is going doesn't matter if you cannot manage your long-term trades/ investments well.
I noticed that a lot of person trade bitcoin when the price starts going up. The idea that bitcoin had reached 72k and is now below that price gives so many traders the confidence that they should initiate a trade that bitcoin will hit the 72k soon. Which is something that is certain currently. This week the price has been fluctuating so much that i almost felt it will go below 60k, i am a little confused because no matter how hard i try to predict the market i havent still figured what bitcoin is doing now. Its like a mind game.
This what many traders call ranging market trend, this period it is mostly bad for new traders to trade bitcoin because while taking a long positions bitcoin can easily dump and take you out and then come back to your play. Whereas in a bearish market you know the trend is down and only a few things changes it. Same thing during a full blown bull run you long your positions without much fear of market Changing trend. My advice for you is leave off trading most especially future trading just bag on spot and watch it pump without the fear of losing
I noticed that a lot of person trade bitcoin when the price starts going up. The idea that bitcoin had reached 72k and is now below that price gives so many traders the confidence that they should initiate a trade that bitcoin will hit the 72k soon. Which is something that is certain currently. This week the price has been fluctuating so much that i almost felt it will go below 60k, i am a little confused because no matter how hard i try to predict the market i havent still figured what bitcoin is doing now. Its like a mind game.
That's because they only want to get in when the markets are high and active. But they're not willing to go further when it seems that they are seeing it not moving at all and the market is likely sleeping during the bear market. This is what FOMO means a lot to these traders but if you're an investor, you don't really have to tackle with all of these real world problems and you're all good to just sit and watch the markets all day long. But if you've got orders on exchanges and you have to close them or once they're filled, this is why many like this market because it's a free market and you can set everything based on your needs and decisions. 
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
It's mainly about knowledge and experience, to be honest, one needs to have the ability to time the market well, I know it's not possible for anyone to time the market perfectly but with knowledge, enough research, and analysis, one can at least make profitable trades whether the market is going up or it's in a declining mode.
I have seen people earning profit even when the market or Bitcoin is going down, and I have also seen people who earn no profit even when the market is going straight up. The reason? They are always confused and waiting for the right time to make their trades, and when they are waiting for the right time, others earn their profits and get aside.
What I'm trying to say is that profit or loss is never about making more or less trades but it is all about taking the right steps at the right time.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
When Bitcoin is rallying in the market, it is true that it is good to go along with the daily trade, but it is not good to go along if you do not have a broad understanding of trading. You can't just know the basics, or else you will be left behind.
If you want to go along but your knowledge is not enough, don't force yourself to go along. That's my advice to those who will try. Although there is no problem if anyone wants to join, as long as it is done at your own risk,.
OP, I believe that to avoid those problems that make you ask "when to close a trade", "when to take profit", and other such problems, it's probably better for you to merely HODL and denominate all of your capital in Bitcoin. You're merely putting yourself in very hard situations because most of the cryptocurrency prices are currently high. Do you truly want to buy high?
But if you want an opportunity, you need to be early. Study "Bitcoin DeFi", that's probably a the cycle's next narrative that's coming from Asia, which could unlock Bitcoin's potential.
But if you want an opportunity, you need to be early. Study "Bitcoin DeFi", that's probably a the cycle's next narrative that's coming from Asia, which could unlock Bitcoin's potential.
First make a good plan, manage your risk and profit ratio, don't take more risk then the profit you are going to make, if you think for some X trade the risk is lesser and profit could be more then definitely go for it, even if the profit is not that much but risk is lesser then still go for that trade. (personal view, beside DYOR).
PS: Try to control your emotions and learn the sentiments that markets brings for us. Controling emotions is not a difficult task until you have good knowledge of FA and TA.
PS: Try to control your emotions and learn the sentiments that markets brings for us. Controling emotions is not a difficult task until you have good knowledge of FA and TA.
I have seen many people who are very good at trading but still make these mistakes. When the price of Bitcoin goes up they get frustrated and make the wrong decision is a tendency that works in many people at different times. There seem to be many of us who give advice to others. But when we open a trade we cannot control our emotions. Because we forget that we should control our emotions.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
When the market is bullish and price is up, people are more actively with trading.They increase their trading intensity from Spot to Leverages, Futures trading types. Even the Spot Trading type is risky if they can not control their emotion and buy high, sell low.
With Leverages, Futures Trading types, they have less choices as if they open a wrong position, the market moves oppositely against their position, they will have to either cut loss by themselves or liquidated by exchanges.
In general, in a bull market, trading volume increases a lot because there will be new capital flow into the market and traders are more actively with trading.
Will the get more profit from the bull market, not actually. Most of traders have painful losses from trading.
People do not like trading while market is making progress they seems to have this mindset that when trading they are losing but I must say trading is more profitable during bull run, or when market are making great impact. The major problem is for you the trader to know how to manage your funds because fund management plays a crucial role in trading especially knowing which coin to buy and hold and the coin to keep trading alongside while the market keeps progressing.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
I have been into such a situation back when I started trading, its funny but for like 2 days I have been thinking about the past time when I was into trading like in 2021 maybe, I was totally newbie and had no knowledge at all, trading totally on the basis of luck and emotions, you might not believe but I was even trading just because in my view some coins was looking good only by looking at candle (I don't have the TA skills at that time) hehe. Well, I was playing with emotions and now I am going to say we should keep emotions aside if we want to make a profit from trading. What is your experience in this field?
First make a good plan, manage your risk and profit ratio, don't take more risk then the profit you are going to make, if you think for some X trade the risk is lesser and profit could be more then definitely go for it, even if the profit is not that much but risk is lesser then still go for that trade. (personal view, beside DYOR).
PS: Try to control your emotions and learn the sentiments that markets brings for us. Controling emotions is not a difficult task until you have good knowledge of FA and TA.
Logically, your subject doesn't make sense, it doesn't make sense to close trade when market is bullish, you only close trade when the market is bearish or maybe when you have hit your targets. However, most often, to always avoid your profits wearing off, it's always better to use Trailing profits, that's help you take profits at the particular place you want it to take the profit for you.
What you should know about market is this, both ways profits can be printed if you understand the market very well. As a regular spot trader, I don't short market when everyone is bullish, I become bullish as well because the trend is your friend but I don't follow the trend blindly like everyone do, I take my profits before we reach resistance, that's what I did with Bitcoin when we reached ATH of Bitcoin and then short the market at $71k and it's still open. The reason why I shorted is not because I'm bearish, the market is still bullish but short term bearish as halving is coming a lot of weak hands will sell off until after the halving before another rally will start again and by then my shot will be close as I have another open order waiting to be filled so we can continue the ride.
I would say that the idea was probably "should trades only be closed when profitable" or something like that, or at least it should be, because in this way it doesn't make sense at all. I believe that making that type of return doesn't really mean anything to anyone, and it doesn't really mean anything at all.What you should know about market is this, both ways profits can be printed if you understand the market very well. As a regular spot trader, I don't short market when everyone is bullish, I become bullish as well because the trend is your friend but I don't follow the trend blindly like everyone do, I take my profits before we reach resistance, that's what I did with Bitcoin when we reached ATH of Bitcoin and then short the market at $71k and it's still open. The reason why I shorted is not because I'm bearish, the market is still bullish but short term bearish as halving is coming a lot of weak hands will sell off until after the halving before another rally will start again and by then my shot will be close as I have another open order waiting to be filled so we can continue the ride.
I feel like the best thing we could do right now would be just focusing on how to make money this way and it would not be all that easy at all, we should probably consider how to make money based on not trades but the end results and if we are not profiting then what is the point of them even existing. I hope that it could get to a level where we could make some money, would make a lot more sense to people.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
A lot of people are afraid to invest in Bitcoin when the Bitcoin market is down, which is why many people don't invest if the Bitcoin market is not bullish. When they see that the Bitcoin market is rising, they rush to invest in Bitcoin. Many times it is seen that many people suffer because of Bitcoin investment, so they must be careful from such investments. When it comes to Bitcoin investment, we must invest technically and knowledgably. What is your experience in this field?
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
It's like you are a bandwagon because you only trade on the 1 side of the market.What is your experience in this field?
For me, if you want to be a profitable and successful trader, you must be able to trade in any condition of the market, bullish or bearish. Because it will help you to become strong just incase the condition of market will shift always and must remember that cryptocurrency is extremely volatile.
Good investors know that profit is in buying, not selling, and the best time to buy is the down market, while the trader knows that he can make a profit regardless of the market situation. If you were looking at the rising market to start trading, then you are an investor and not a trader, and then your investment will be a failure because the buying point was at a high price.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
Rightly said but we see the real picture very reversed, because here when the price rises people insist on buying and when the price falls they insist on increasing. According to me consistently running trades are two different things, if one invests even if there are some losses, there are recovery options. But if one opens a trade when the price of Bitcoin is high and chooses only that time. Then the possibility of his loss is very high.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
The bullish market is the best season in the market for short term traders and all categories of traders to easily make profits, just as the word implies "bullish" the market is constantly fluctuating in an uptrends with just a little correction within the shortest period (a little downsides) then picks up again just like that. Most traders take advantage of the season to draw in much profits as possible particularly the scalpers they trade more under this period because even a newbie trader can manage to make profit now than in bearish market volatility.What is your experience in this field?
Good investors know that profit is in buying, not selling, and the best time to buy is the down market, while the trader knows that he can make a profit regardless of the market situation. If you were looking at the rising market to start trading, then you are an investor and not a trader, and then your investment will be a failure because the buying point was at a high price.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
Rightly said but we see the real picture very reversed, because here when the price rises people insist on buying and when the price falls they insist on increasing. According to me consistently running trades are two different things, if one invests even if there are some losses, there are recovery options. But if one opens a trade when the price of Bitcoin is high and chooses only that time. Then the possibility of his loss is very high.
Trading has more risk because there is too much market volatility in cryptocurrency, and this is something that every trader is already aware of, apart from those newbies who just started trading. A real trader will always be alert in the market because they can miss opportunities by using the upward or downward movement of an asset to make profit. They will only realize the opportunity they lost when they go back to track the previous price. I don't think that traders should only be close when the price of Bitcoin is becoming bullish; traders should stick around in both market movements because they can still make a profit even if the market is bullish or bearish.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
If you have noticed this to be a problem that you have faced whenever the value of Bitcoin rises, you will have to work on your psychology as a trader so that you are not affected by this. If you must trade during a time when the market is bullish make sure it is because it is a strategy of yours that you have studied to be profitable for you and have a reason for practicing, let it not be that you are just trading because of pressure, pressure put on you by other traders that trading at this time is more profitable.
I noticed that a lot of person trade bitcoin when the price starts going up. The idea that bitcoin had reached 72k and is now below that price gives so many traders the confidence that they should initiate a trade that bitcoin will hit the 72k soon. Which is something that is certain currently. This week the price has been fluctuating so much that i almost felt it will go below 60k, i am a little confused because no matter how hard i try to predict the market i havent still figured what bitcoin is doing now. Its like a mind game.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
If you are in trading, you could really notice the difference when trading during the bear season versus the results when trading during the bull season. If you are, I could bet that trading during the time we have now is more profitable and easy unlike in the situation when the price is declining and sometimes we need a few weeks before our sell/buy call will be filled. But in this situation, that is quite easy. What is your experience in this field?
I consider bull season as a good time to enter trading. We can't eliminate the possible losses but as we compared the possibility of making a profit is higher than losing. That is why traders are more active this time than at the time of the market crisis.
I would say that if you want to take your profit then it is a smart move. As a long term investor it doesn't really matter to me neither, but if you are a trader then yeah that makes sense to take your profit and close the trade. You need to remember that there are so many people who has done so many things so far, and that basically means that you are going to end up with a lot of problems eventually if you are not careful. I believe that we are going to see things change, and for that to mean something you need to remember that life isn't all that complicated, keep working on it and you are going to do a lot better. Trading is not just win or loss, its both of them together.
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It's not every trader who takes such trading calls. All traders in the crypto market have different patterns and habits of trading. There are some traders that sure enter a trading position for coins that are very volatile or only when the price of bitcoin is surging high, then they will enter a "buy position" with high leverage like 20x or more, and once they have archived a significant profit, they will run off from the market.Some traders are already experienced in the market, and they know the level of risk they can take during a bull or bear market. Those traders that don't have very wild experience in trading can't handle such risks, and as such, they don't attempt such trading patterns, which is why I said it's not every trader that is engaged in such trading patterns. There are more that a thousand traders in the world today, most of them are day traders who monitor the price direction of Bitcoin every day and make their trading every day with every little dip or pump in the Bitcoin price.
No doubt, when the market condition on bullish is the moment for closed or taking profit with all coins assets have increasing values and price pump drastically. Its technical of trading sell on the bullish and then buy back later after market face bearish moment, most of trader make mistake when market bullish never has ideas for selling their coins assets although with price increasing drastically and then get loss when market have been on bearish position.
During have many investor keep buyback on the bullish moment, you need to close and sell your altcoin assets have increasing the higher price and prepare your fiat to buy back later after market correction or bearish moment. Don't blame your self with the other keep holding when the market on bullish and panic for selling after market get bearish position.
During have many investor keep buyback on the bullish moment, you need to close and sell your altcoin assets have increasing the higher price and prepare your fiat to buy back later after market correction or bearish moment. Don't blame your self with the other keep holding when the market on bullish and panic for selling after market get bearish position.
What is your experience in this field?
Every shrewd investor knows that the best time to invest is when price is down. Those who are buying Bitcoin now "are doing it at the back of time", to borrow a local expression from my vicinity. They're chasing price buying now and that's good for price appreciation as it keeps pushing it up. Though it's regrettably that a good number of them will be bitten by losses if price decides to revert from its new ATH of $73k+. That's what happens when people become too skeptical of risking something, they tend to buy the noise later instead of the silence.As for the title topic, it's bad trading practice to close profitable trades when the market is bullish. Even if the investor is hasty to take profit, they shouldn't sell off everything. They should leave a moon bag that will buffer them in case the project turns bigger than its at the current moment.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
Trade according to how your spirit lead you you. We can always make money from the market if the room is there so we don't have to fell relaxed after making few dollars. We are in the bull market and it's time for us to keep trading and making money from our trades. What is your experience in this field?
We can make money by trading especially when the price is volatile. Just like se last week, towards the weekend, the price of Bitcoin was falling and if we arr sharo traders, we could tske the advantage to trade in the market along to make more moeny for ourselves.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
Close your trades or orders when you're done and in profit or you're to cut loss. Whatever is the reason for you to close them, make sure that it benefits you. What is your experience in this field?
Even during a cut loss, I'd say that it's still a benefit for someone who's trying not to lose that much.
So, you close those trades when you're finally done with them and you want to take a rest first from the market.
If someone is very good at trading he can do it. And when BTC price goes up almost everyone wants to invest. Because then greed is very hard to deal with. But those who can trade well profit and those who don't know how to trade well. They face losses. One of the rules of trading is to control your greed when the market is good. But most traders fail to control their greed and face losses by investing. It is very frustrating. Many traders who face losses by investing like this call it bad trading.
I think when a bullish happend, it's the time when trading should be wide open. Bullish is an opportunity to earn as much income as possible. But of course we have to be careful and continue to monitor when the market makes corrections so that we can take profits while they are still small corrections. This is why we need a good emotions so that we don't need to rush out of the market so that we only get a small profit. Just believe in the analysis and plans that we have prepared before we enter to the market. without it, we will easily lose direction. Maybe you should learn to restrain your emotions a little more here. 
You have a point, but not every bullish in the market should a trader will enter or open a trade. In fact, opening a trade in the heat of bullish may be risky because there are many sharp movements in the market when the currency is in bullish, meaning you might open in the peam of the movement and the price doesn't go up anymore, then you will lose a trade. It's better to ride on the bullish before it happens. If you are not expert enough, then don't attempt to open a trade during bullish because, like you've said, if you catch on the correction, your account might be liquefied, and no one trader wants that to happen. Just be more cautious and careful in the market. The crypto market can be scary; in fact, it is a scary and risky way of earning, so you better take all precautions you can.
I think when a bullish happend, it's the time when trading should be wide open. Bullish is an opportunity to earn as much income as possible. But of course we have to be careful and continue to monitor when the market makes corrections so that we can take profits while they are still small corrections. This is why we need a good emotions so that we don't need to rush out of the market so that we only get a small profit. Just believe in the analysis and plans that we have prepared before we enter to the market. without it, we will easily lose direction. Maybe you should learn to restrain your emotions a little more here.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
Its easier to make a trade with the market currently because it becomes more active unlike before that the market is down from the 38-40k range only people who scalps with the market ups and down getting a good gains, but for the long traders its not a good opportunity to them, after we reached another pump came from the Bitcoin we are now seeing more active traders, investors, other coins pairs with the bitcoin reason why it becomes trend and people now get back with the crypto to get in the hype and earned during the bullrun.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
Logically, your subject doesn't make sense, it doesn't make sense to close trade when market is bullish, you only close trade when the market is bearish or maybe when you have hit your targets. However, most often, to always avoid your profits wearing off, it's always better to use Trailing profits, that's help you take profits at the particular place you want it to take the profit for you.
What you should know about market is this, both ways profits can be printed if you understand the market very well. As a regular spot trader, I don't short market when everyone is bullish, I become bullish as well because the trend is your friend but I don't follow the trend blindly like everyone do, I take my profits before we reach resistance, that's what I did with Bitcoin when we reached ATH of Bitcoin and then short the market at $71k and it's still open. The reason why I shorted is not because I'm bearish, the market is still bullish but short term bearish as halving is coming a lot of weak hands will sell off until after the halving before another rally will start again and by then my shot will be close as I have another open order waiting to be filled so we can continue the ride.
Periods like what we're experiencing right now should always be taken advantage of by people who trade since there are a lot more opportunities to profit due to the shorter time frame that the market does to jump from low to high and high to low. A lot harder when it's sideways since there are fewer opportunities to take profit from a trade. Wouldn't recommend it naturally if you're a bad trader though. Regardless of it being an opportunity, you still need to know how to take advantage of it (which I haven't when I tried in the past).
when the market is bullish, there are many positions that traders can take to make a profit. if traders can position themselves correctly, by taking advantage of the gaps that exist in increasing bitcoin prices, of course this will be an advantage for themselves, because they can easily make a profit.
however, even so, a bullish market is difficult to predict and prices can tend to rise or fall significantly, and this can potentially harm traders if they determine the wrong strategy for their trading, jadi trader perlu untuk bertindak dan berpikir cepat agar mereka tidak mengalami kerugian.
however, even so, a bullish market is difficult to predict and prices can tend to rise or fall significantly, and this can potentially harm traders if they determine the wrong strategy for their trading, jadi trader perlu untuk bertindak dan berpikir cepat agar mereka tidak mengalami kerugian.
When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
It's true that traders have this kind of thinking where they will trade a lot and will try to maximize the bull market. Even those investors who aren't trading all of the sudden are trading already because why not? They believe that they will get profit still because we are in a bull run. Well, it might be true especially when you are trading in spot market, but there are some who are still losing money because they have no experience in trading whatsoever. What is your experience in this field?
Good traders know when to enter and when not to. I've also did the same thing as well when I was newbie in trading. I still remember that I only make 1 entry and 1 exit in a span of 2 days, but when the bull market starts, IIRC I'm making around 3-4 or even 5 in the span of 2 days. At first, you might make some money off of it, but that isn't sustainable, and there might be a time where you will lose your money.
I'm thinking, I guess going to futures market, open a market with low leverage might work right? Let's say maybe x2-x4 leverage only, and just put it there until the bull run ends. You will not get liquidated that easily because of low leverage. Any opinion on that strategy that just came out on my mind?
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
Well for day traders continous going up isnt healthy at all they want some volatility but for some investors who bought at low price this is a good stance for them since their tokens are pumping. Rallying on the market up and down thats more preferably by the traders cause they can go exit and entry depends on the chart they are doing. What is your experience in this field?
Good investors know that profit is in buying, not selling, and the best time to buy is the down market, while the trader knows that he can make a profit regardless of the market situation. If you were looking at the rising market to start trading, then you are an investor and not a trader, and then your investment will be a failure because the buying point was at a high price.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
Trading is related to price fluctuation, and in both the up and down trend, there are periods when the price is stable and less volatile, and therefore there is no ideal time for trading.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
It depends on how good you are in trading. Some traders buy or open a long position in bull market but in a way they will not stay long but for short time, make some profit and close the position opened. Some people buy bitcoin and the market still continue to increase. It depends on what you speculate from your analysis. Your analysis may tells you not to open any positions at all, or to enter market and leave fast or to enter market and not close the position for awhile. What is your experience in this field?
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
An increase on the price is often accompanied by more volume and volatility, and this often means more opportunities to make money for traders and speculators, in light of this I do not see anything wrong with traders becoming more active at the time.What is your experience in this field?
But could this increase on the activity of a trader bring more losses if they are not careful? Yes, but that is what trading is about, and anyone that is not willing to take this risk should give up being a trader and become an investor instead.
When crypto markets are rallying you should be trading more because it’s easier to make money. There are lots of opportunists and as long as you go long you have a better chance at making money.
It's easier to get green lights showing up all over the place, sure, but trading when rallying is a no-brainer, the problem is, if this is how you trade, then you'll always going to get caught when the rally drops.
And you know what the result is? You are posting 50 +1% wins in the rally, and then losing 5 -20% when you get caught out.
So you're right, but you're also explaining why 'better chances' doesn't equate to 'making profit at the end'.
People make the same mistake gambling, like even myself. People think they should be betting on 1.01x because it's easier to make money. Then they win 1.01x 50 times, and lose 1 time and go bust.
When crypto markets are rallying you should be trading more because it’s easier to make money. There are lots of opportunists and as long as you go long you have a better chance at making money.
Compare this to trading bear markets and sideways markets. Those are usually very difficult to trade. So you can trade those less but still have a hard time making money while now you can pretty much buy any meme coin and make great profits.
Compare this to trading bear markets and sideways markets. Those are usually very difficult to trade. So you can trade those less but still have a hard time making money while now you can pretty much buy any meme coin and make great profits.
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.
What is your experience in this field?
What is your experience in this field?
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