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Topic: TREND is our Friend - page 3. (Read 733 times)

legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 18, 2019, 10:07:17 PM
#48
the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
February 18, 2019, 04:32:01 PM
#47

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading.

Is this in general or just what you think? No way all traders have a mindset like that. That's why called "traders".

Always apply the buying low and selling high.

You can't just say easily to apply buy low sell high in trades. It's easier said than done. You can't just determined that a certain price is the buying rate or selling rate. Plus the factor also that different coins have different price behaviour. What people should do is to have a regular checking of a certain's coin volume in order to have a wild analyzation that a certain price "can be consider" as buying or selling rate.

Patience does matter. Building trading experienced is the key.
hero member
Activity: 3052
Merit: 651
February 18, 2019, 04:22:08 PM
#46
It takes a lot of patience and this mostly could work on newbies.
Old time traders expect a lot of profit in a couple of days but not newbies. Even just for a dollar it might be enough just so they could feel happy that they made a successful trade.

It is a slow market. It is difficult to gain a few bucks from the movements. You will need a larger capital to enhance the profit. I stopped for now, it is getting boring.  Grin
member
Activity: 266
Merit: 11
February 18, 2019, 03:06:17 PM
#45
There are as many styles of trading as many traders and each of them can become profitable but not all at the same time.
legendary
Activity: 1036
Merit: 1000
https://bmy.guide
February 18, 2019, 01:59:49 PM
#44
Looking at the data most of the time trends are just getting shorter and shorter with time, we should not forget about that. Look at the time when we were at around 6 thousand dollars and 8 thousand dollars last summer, price moved between 6 and 8, than 6 and 7.4, than 6 and 7.2, than 6.5 and 6.8 and than it moved down. When prices get shorter trends that way they tend to move. After that we now have price that was between 3.2 and 4.2, than 3.4 and 4, than 3.4 and 3.6 now.

It means unless price goes down the only way is up and its coming very soon, so when you are following trends like it is suggested know that price will not always move between same trend numbers and will have a shorter movement after a while and than it will do some big move as well. Take that into consideration when doing trend trading.
If there is trend then it is meaningless to talk about how get profit from market regarding the idea trend is trader's friend. The more downside pressure increases more panic selling happens and every dip is big opportunity for experienced trader. Just with right strategy it is possible to take advantage of bear trend with short selling on leveraged trading platforms like Bitmex,LCG. Idea is to join trend no matter which direction trend is headed.
legendary
Activity: 1568
Merit: 1002
February 18, 2019, 01:55:45 PM
#43
the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups
member
Activity: 546
Merit: 32
February 18, 2019, 01:03:37 PM
#42
Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
I see there is something will be developed and being and Trend in each and every year of cryptocurrency field and it also been an important things to develop and take the cryptocurrency to all over the world so trending is more important for anything special in cryptocurrency it will most useful.
hero member
Activity: 1148
Merit: 527
February 18, 2019, 09:37:09 AM
#41
Looking at the data most of the time trends are just getting shorter and shorter with time, we should not forget about that. Look at the time when we were at around 6 thousand dollars and 8 thousand dollars last summer, price moved between 6 and 8, than 6 and 7.4, than 6 and 7.2, than 6.5 and 6.8 and than it moved down. When prices get shorter trends that way they tend to move. After that we now have price that was between 3.2 and 4.2, than 3.4 and 4, than 3.4 and 3.6 now.

It means unless price goes down the only way is up and its coming very soon, so when you are following trends like it is suggested know that price will not always move between same trend numbers and will have a shorter movement after a while and than it will do some big move as well. Take that into consideration when doing trend trading.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
February 18, 2019, 04:07:16 AM
#40
Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

That is indeed a best way to gain in this current bear market. But we should also consider the volume of trades done in 24h data so as to not be buying low price coins with dying market.
sr. member
Activity: 910
Merit: 251
February 18, 2019, 03:51:31 AM
#39
Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Yes I agreed, even the market was in down scenario, we can still able to get profit, if we just know the proper way of doing on day trading.
But if you're still on the learning process you can observe first in the actual trade in the platform, try to observe those traders of how they take action when the price is moving in the market volume.
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
February 18, 2019, 03:50:51 AM
#38
Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
If we want follow what trend said, i think we can be safe from loss. Because if we againts stream, we wouldn't survived and it is happen in crypto trading. But it is all depends on what trader's strategy itself.
hero member
Activity: 1302
Merit: 540
February 17, 2019, 09:40:30 PM
#37
Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.
Shorting specific coin is hard to workout, there's so many influencing factors that we need to specified, TA can help you to recognize possibilities and potentials but not an assurance  to predict the correct next trend movements, it's all about how well we understand and use the current situation and make it favorable to our position.

Interpretation of the trend mostly bring profits for short term holders,  it's all about skills and good judgement to protect your money in any types of trend that will show up around the market.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
February 17, 2019, 07:50:41 PM
#36
We should be indicate the trend by use technical  analysis and we can do swing trading to spend less times.  For pair of bitcoin,  Litecoin, DASH,  and Ethereum is look more profitable if we doing long term trading.  Crypto is bubble so we have to learn more how to indicate the trend and we have know when the price will reversal.
sr. member
Activity: 2506
Merit: 368
February 17, 2019, 01:37:21 PM
#35
Perhaps, the real trader can make profit in any case. But, in the uncertain situation, is not it a bit difficult? In my opinion moving in right time can make you better trader. Otherwise loss is inevitable.
Its difficult to timing the market, we can always make money but the risk is always getting higher as the market keeps on dumping. Whether its uptrend or downtrend, you have to take it seriously and trade with your strategies, always have a good back-up plan is something went wrong don’t lose confidence easily.
It's just getting more harder to trade because the market is so unstable while we are still in bearish trend. If you manage to get some profit in this bearish market just continue what you are doing so that you will get back your losses. Trading may cost too much if you don't know what you are doing in a certain situation.
newbie
Activity: 1
Merit: 0
February 17, 2019, 01:08:47 PM
#34
Bull and bear runs make it easy to profit traditionally,  but crypto traders miss the equally-good opportunity to profit during flat periods also.  Smaller prices actions seem to be unfavorable for generating profitable trades, and so many traders ignore the chances available in all conditions.

PrimeXBT (https://primexbt.com) have recently launched, and are the newest trading platform to provide leverage trading on cryptos - but not just BTC pairs, and not just 2x/5x etc.  

PrimeXBT allows leveraging on the 5 largest cryptos at up to 100x - with the addition of aggregated liquidity from 12 providers simultaneously.

When price actions are constricted and large moves aren't available, leveraging the trades that are made allow for profitability at levels that would typically be seen during bull and bear markets.  Crypto markets during 2018 went through months-long relatively flat trading periods, and if the only time you'll trade is during bull/bear cycles then this puts you out of the action for months at a time.

As well as leveraging relatively flat trades for multiplied profitability, shorting on all trading pairs at PrimeXBT allows for the construction of more advanced trading strategies still.

The risk involved with leverage trading should not be underestimated though, and having solid risk management in place is not just good advice - it's essential.
member
Activity: 154
Merit: 24
The future of security tokens
February 17, 2019, 12:29:49 PM
#33
Yes you are right
Stop all this one line redundant replies to your OP, you've made your point known in the original post,if as it seems you have no other thing to add to that,let the thread be and let others air their views on what you and others have said, if you must reply then it should be something meaningful,not "yeah,you are right" or "thank you",doing that makes the thread look childish.
newbie
Activity: 407
Merit: 0
February 17, 2019, 12:14:59 PM
#32
Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.


Yes you are right
newbie
Activity: 407
Merit: 0
February 17, 2019, 12:14:06 PM
#31
Yeah, that is what I have been saying for months now. If you follow the price of bitcoin you will see that when it goes up it goes up to a certain point and when it goes down it goes down to a certain point. Think of it like in blocks and when it breaks one block it goes all the way to the next block. That is why when you have both sell orders and buy orders and stop loss all set for you, you will realize that you would be doing automatic trading based on the trends of bitcoin prices.

For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.

Thank you for adding information and opinion. I really appreciate it.
sr. member
Activity: 2016
Merit: 283
February 17, 2019, 12:12:37 PM
#30
Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.
newbie
Activity: 407
Merit: 0
February 17, 2019, 12:12:27 PM
#29
Exactly, the line that presents less resistance is the one that we must always follow, it is logical, and that is to understand the market, for that we must take into account the Supply-Demand, and one of the things that helps us is the volume.

Thank you for the additional idea and opinion. I agree with you.
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