Topic: [Take advantage of crypto volatility] bear or bull market (Read 573 times)

And the risk that comes with altcoin invest is huge. We've seen the biggest scam already, when you thought that your investment in this and that altcoin are going to be safe, suddenly it collapses or exit scam. As compare to bitcoin, it might not yield you good returns in the next bullrun, or at least the percentage growth like other altcoins, but investing in them will give your money to grow just by holding, it's like some stocks, the compounding interest alone is huge if you hold in long term.

in dealing with high volatility, altcoins are indeed more volatile than bitcoin, but in anticipation of a bearish season, I think investing in bitcoin or altcoins at the top will be better, given the high level of investor confidence and high market volume, in that case it seems not easy to be played by a few people, and later when the bull market comes it will be able to enliven the cryptocurrency market

in dealing with high volatility, altcoins are indeed more volatile than bitcoin, but in anticipation of a bearish season, I think investing in bitcoin or altcoins at the top will be better, given the high level of investor confidence and high market volume, in that case it seems not easy to be played by a few people, and later when the bull market comes it will be able to enliven the cryptocurrency market

Some says it was the altcoins which volatility is higher than in bitcoin but I think I can agree with you better that it was really btc and not altcoins as I also observe the movement of btc from time to time.

High volatility works best in trading than in investing because you can frequently buy and sell and make unlimited profits than if you are only hodling them for long term which can give you a lot of delays since the price can't really go up consistently. The bears and bulls on the other hand doesn't occur because btc is volatile but it occurs because this is how a financial market works. Stocks and other markets do also have this kind of phenomenon.

Emotions is one way people get to gamble over trades. It's your emotions that overrides any thought of you to go by any form of analysis. You just look at the charts for a whole without any news to aid you, no trendline drawings, no indicators except for RIS for the few that cares and the next you know, your in the market, trading it live and that's an easy way to loose money.
Emotions shouldn't be traded.

Best thing any beginner trader ca do in a bearish market is to buy and hold. You just got to learn how to be patient and ensure you buy when the opportunity presents itself.

I mean Bitcoin have high volatility which is every investors or traders are choose Bitcoin because of it, so it's not surprising if Bitcoin have a bear and bull market much easier than other commodities. With this, everyone aware and already take advantage due to high volatility, it's either they convert to stable coin or hold it. If anyone can't face bear or bull market on Bitcoin space, they're shouldn't buy Bitcoin and need to learn first.

~snip~Best thing any beginner trader ca do in a bearish market is to buy and hold. You just got to learn how to be patient and ensure you buy when the opportunity presents itself.

It may be easy to say, but in fact, many people are failed to practice moreover when the price extremely change very high as we expected. We may feel very afraid to do it, frustrated, and also emotional enough. We must learn much from experiences by paying attention much more on our emotion self and this may be not easy

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3. Have a good source for signal or information about the crypto your trading.
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 When trading futures assets, one must be prepared to encounter losses as well as profit but it's advice to stay clear if you can't manage your risk.

2. Do not trade with emotions

Volatility plays a important role for those who a regular trader or day trader. The greater the volatility, the greater the opportunity. In this regard traders have to make profits or losses. If this volatility is well exploited and taken advantage it is possible to make good profits very quickly.

Again, many people can take the help of both stop profit or loss mechanism. According to the type of volatility a trader needs to analysis and have to take the decisions.

IMO when bear market I mostly take advantage to buy every dip since it's not easy to trade on bear market because it's high chance you will lose and how good are your emotion to control that.

But you need to know to all coins you bought the price will increase when Bitcoin increase, so there's a risk too.

As we may have known, bull market is a market that is on the rise and where the conditions of the economy are generally favorable. A bear market exists in an economy that is receding and where most stocks are declining in value (https://www.investopedia.com/insights/digging-deeper-bull-and-bear-markets/)
I was learning how to trade the forex market back in 2019 while I used a broker called IQ option to practice in the demo section, after 2 months I felt I have learnt enough so I decided to put-in real money, so I invested $150 and after two weeks time I earned about $400. Later in 3 weeks time I lost all my earnings including my capital. I tried a different broker called Binary trade, funded the account with $200 and within a month and 2 weeks, I made about $1300, opted out because of series of losses and i starting a business.
later around last year (2021) I studied the future trading option on the binance exchange, and around November during the Bull" market, I was enter  future trading on the binance exchange with BTC/USDT. I invested $1000 and I was able to make $2800, some might say it was a little profit 😹 but what matters was that there was $1800 profit added onto my capital. (I took advantage over the bull market).
  this year (2022) in the month of May,  I invested $500 on Binance future trading and traded Luna/usdt and could make $1400. I took advantage of the market volatility.
crypto future trading enables traders take advantage over bear or bull market and they could be earning profits (either big or small).
 apart from the volatility of Bitcoin and Ethereum, there more Altcoins to trade on binance future that can yield profit.

Things to Note:
  1. Always apply your stop loss and take profit option
 2. Do not trade with emotions
 3. Have a good source for signal or information about the crypto your trading.
 4. It good to know that your asset can be liquidated when the leverage is high resulting to total loss of funds.

 When trading futures assets, one must be prepared to encounter losses as well as profit but it's advice to stay clear if you can't manage your risk.

I mean Bitcoin have high volatility which is every investors or traders are choose Bitcoin because of it, so it's not surprising if Bitcoin have a bear and bull market much easier than other commodities. With this, everyone aware and already take advantage due to high volatility, it's either they convert to stable coin or hold it. If anyone can't face bear or bull market on Bitcoin space, they're shouldn't buy Bitcoin and need to learn first.

3. Have a good source for signal or information about the crypto your trading.

crypto future trading enables traders take advantage over bear or bull market and they could be earning profits (either big or small).

Things to Note:
 1. Always apply your stop loss and take profit option
 2. Do not trade with emotions
 3. Have a good source for signal or information about the crypto your trading.