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Topic: Trading In the Bear | Checkout Whats Good & Bad | (Read 309 times)

jr. member
Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
I have tried trading to no avail, not everybody has time to monitor markets 24/7 and I can't be bothered with bots.
That's not really an excuse. It's quite easy to open a short position at BitMEX and just have the downtrend work for you. It doesn't cost any time or effort, just leave it open and check back once a week or so.

If you use a low leverage count your liquidation price is pretty much well out of the easy to access market range. Ignore all the people saying low leverage counts are for pussies, these people are big mouths and gamblers.

I may be at a paper loss, but I feel I have strong enough positions in the long term, using these periods to accumulate and average down.
That's the best way to move forward. People don't realize how much of an opportunity it is to use current levels to significantly lower your initial buying price. Lower average price means quicker profits on the way up. Smiley

I understand, but I feel inadequately equipped to trade in this market. If you asked me 6 months ago I would of told you that all of the TA in the world cannot tell you whether we go up or down. Now I am in a very good group where I am slowly learning how to use some elements of TA to map out potential trades, however, I still feel market sentiment drives all directions. I feel, this market is purely driven by speculation and I feel that the only thing which could work for me is using fundamental analysis to some extent. On the other side of things, I am only interested in this space, by purely the technology behind it, I feel that if one invests and averages down positions in this amazing accumulation zone, then we will see our amazing returns in years from now. However, the biggest problem is splitting the crap coins from the truely great projects. btw thanks for the merit.
member
Activity: 294
Merit: 10
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
5) You don't really need TA...

I agree and I will add a few more things, when people want to buy bitcoin or any altcoin, they should have notion that in order to have profits they will need patience and that they must hold for at least 2 years. this is volatile market and if the person this is for quick profits so the person is making a serious mistake because he will lose money. We have to encourage people to use bitcoin as a means of payments and advise them that this is a long-term investment, and see that the rich guys who invested millions are not crying on social networks because they are at a losses because they invested in the long term

If you like to get some profits at all the pump and dump.You have to buy at low price and sell at high price.

this is the problem, people have this pessimistic thinking. Now that we are waiting for the SEC decision, people will buy bitcoin and if the SEC does not approve an ETF people will sell their bitcoins.

legendary
Activity: 1526
Merit: 1179
I have tried trading to no avail, not everybody has time to monitor markets 24/7 and I can't be bothered with bots.
That's not really an excuse. It's quite easy to open a short position at BitMEX and just have the downtrend work for you. It doesn't cost any time or effort, just leave it open and check back once a week or so.

If you use a low leverage count your liquidation price is pretty much well out of the easy to access market range. Ignore all the people saying low leverage counts are for pussies, these people are big mouths and gamblers.

I may be at a paper loss, but I feel I have strong enough positions in the long term, using these periods to accumulate and average down.
That's the best way to move forward. People don't realize how much of an opportunity it is to use current levels to significantly lower your initial buying price. Lower average price means quicker profits on the way up. Smiley
jr. member
Activity: 798
Merit: 2
*** https://www.buying.com ***
I even have not an assumption when bitcoin will be returned nearby to the historical peak. Bitcoin has being falling since the beginning of 2018 year and actually bitcoin is still in the downtrend. I have devoted this year on learning about crypto technologies, crypto currencies and I can say with full confidence that crypto technologies are really very useful therefore crypto technologies really have nice future. I do not lie and pretend I am an investor and I am holding crypto assets myself (ethereum and bitcoin). As you mentioned earlier that most part of investors lost enough money. By the way I have lost as well but I have decided not to sell my coins because I really hope that I will earn money by holding them
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Good analysis and well explained on the thread. I believe the same that a trader can make money in any time irrespective of the trend. I had noticed the short gain opportunities when BTC reached $8k recently and thought of investing the price goes low. I am now eagerly waiting for BTC to hit another bottom so that I could buy more at the bottom and make money on the short gains. Although the price is good enough now to buy but let me just wait if BTC can go more low. I am happy on both the sides which is the best feeling  Grin
hero member
Activity: 910
Merit: 512
I think bearish trend will continue until 2019, bitcoin will never break $10.000 this year. Hodling makes me broke  Smiley
Did you read the conclusion of the post? They say that bear trend is nothing but only your fear to invest or sell and make money in the market. Irrespective to the bearish market, you can still invest or gain.

Plus I believe the price of Bitcoin will cross the $10000 value in the market till the end of the year and the start of New Year might accelerate the growth in the value further. The technology is incredible and it should not be called or considered a failed market just because the prices are down.
jr. member
Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
I have tried trading to no avail, not everybody has time to monitor markets 24/7 and I can't be bothered with bots. I may be at a paper loss, but I feel I have strong enough positions in the long term, using these periods to accumulate and average down.
member
Activity: 289
Merit: 10
We can understand that the prices right now are still higher than 3 years ago so it is there a Strand for us but it is not that for them who lived 3 years ago, it would be satisfied with the prices that we are having right now.
hero member
Activity: 2170
Merit: 553
Vave.com - Crypto Casino
Everything had up's and down.Even the profit from business.Likewise ,the price of cryptocurrency is fluctuates to some dip.Since the trading is related to digital currency,their may be variation in the price.
It's better to use the chance to inverse in the potential coins.If you like to get some profits at all the pump and dump.You have to buy at low price and sell at high price.
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
I really enjoyed reading your write up OP and it is up close to the real situation in the market right now. Its been so many months we are seeing the up and downs of the market but no one has thought of the situation in the way you have represented it here. The structural representation clears up the thing very closely where we know that who benefited a lot and who lost more than that! With such scenarios one should come to know that bitcoin has cyclic behaviours which can not be changed by technical ways and thus it all happens naturally. If there are such changes all the time then why not use them for the purpose of making profits. The simple strategy guys, buy low and sell high, it is what it is!
sr. member
Activity: 896
Merit: 253
legendary
Activity: 3542
Merit: 1352
Cashback 15%
What most people don't realize is that it's still possible to profit even in the worst market conditions, and sometimes that means you have to go nuts and do shorting. While in itself, shorting is a bad idea because the market can always bounce back, still it's a great shot on grabbing opportunities in a hopeless market. No one needs to wait for the moon always as every day offers new opportunity in trading. 1-10% of profits is already sufficient to get you going and keep the profits rolling. Nice insight on what really happened within the past lows and highs, OP. One should really educate what else can people do in order to get profits even in rainy days.
Ctn
sr. member
Activity: 644
Merit: 259
After seeing the current deep movement of the bitcoin your post is looking more convincing to me because yes thats what happening right now. This is the another "trough" as per your analysis and thus a great chance to jump in and buy more coins. It feels perfect technique because as usual after few days or a week bitcoin will start pumping back to where it started (this time 8K USD again) and thus giving lot more profits one can imagine. Yes, now I believe that we need to see at "bigger picture" too. Like big wave under which we are seeing ups and downs here.
sr. member
Activity: 700
Merit: 300
good post. just some thoughts I have:

one thing that I have learned about bitcoin is that you should never say never with confidence Tongue
with what we have seen so far I have also been saying that below $6k is impossible but I can not rule out unexpected incidents like a market wide panic when SEC rejects ETF in near future or some ridiculous other news like an exchange hack. all of which can bring down the price.
and I think this "fear" is one of the main reasons why we are not seeing any rises these days and the volume is not as high as it should be.

Quote
you could have bought at lowest rates and that too many times and could have sold at high rates many more times. This way profiting yourself multiple times and by re-inevstign your profits.
this is true although you need to remember that this type of trading is riskier because it requires a much better timing since sometimes that window of opportunity for buying or selling is too short.

Thanks for your thoughts.

I do believe that bitcoin won't be putting itself down below 5-6K USD window but again its ultimate fate is dependent upon various fundamentals.

However, it doesnt matter if bitcoin falls below that bottom because as I said with my analysis above, its just another opportunity for us to buy more bitcoin. With the past one thing is clear, bitcoin forms the wavy patterns does bounce back again and again. One can literally have periodic payments as profits from this beauty beast.  Cheesy
full member
Activity: 448
Merit: 110


Learning : This event taught us that whenever the market goes many folds high then its the worst time to invest. Do not think that if the market has hiked itself heavily means it has become stronger and it will grow even further. No, that is the worst outcome you can predict from that. So whenever the crypto currency is in bull run ( ~ 20% + high from initial value) then its not the time to enter the market but to halt your trading operations.

This piece of advice is golden and if possible I would have it framed but then again the market is a two-way which is we need people who believe in the hike  to bring the money so that others (the so called smart ones) will dump on them and make their profit. There would be no form of trading happening if everyone is a smart ass and refuses to invest.
member
Activity: 120
Merit: 10
I think, bare market is a good opportunity to earn money. You can benefit from this very quickly. And Baer Market is a suitable time to invest here. Here's all ICOs are also very effective.
full member
Activity: 616
Merit: 100
https://exip.live/
I really learn many thing from this situation of crypto market, crypto price become more unpredictable and too high volatility, so we have to be set goal how many profit we can make it and we have to out from the market when we make the goal, and i also should put profit from crypto in others asset that has lower risk.
legendary
Activity: 2170
Merit: 1427
I mean if you are trading in uptrend it is quite easy to buy low and sell high but what are you going to do when it's all low?

Not sure if that's the case.

It's way easier to make money on the way down than on the way up for me. Bitcoin has always been extremely unpredictable when it comes to its increases, while after a bull run it historically goes down with ~75% form its peak, and it happens time on time again. The 2014 bear market trapped me in like a noob, but this time it's different, and I hope it's the same for the people who got trapped in currently. Bear markets make strong future hodlers. What can be worse than going through a 75% decline? Cheesy

Tip; if the price ever is going through a bull run again, make sure you short a small percentage of your Bitcoin with a 2x leverage (don't recommend higher) and leave it open till you think the bottom is in. It could be seen as insurance for your investment, because the lower the price falls, the more you'll profit, and the more bearable it is for you.
sr. member
Activity: 882
Merit: 269
The bearish market has dominated cryptocurrencies market since January till now and I think the day traders are the people putting in money now.  That is why we keep see bitcoin getting pump and dump within week.  The investors are not really putting in money and the investors are the one that can put confidence into cryptocurrencies.
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