Topic: What is your opinions about today's trading? - page 5. (Read 1724 times)

I really enjoy trading now because I have started to find the right trends. market turmoil for me needs to steal some profit from the difference.

In my opinion, the market will recover soon. As the market gets more and more bad press, the transaction has lost the volume and trust of investors have not face but with the crypto market. This is where you should trust your decision. In the crypto market, I realize that when no one loses money, the market is hard to survive. Currently the actual application of the project is not much so there is no profitability story here. So the bad performance of a long market is a clear signal for a historic trick to sell off and regret. Good luck

Again i will answer positively ofcourse cryptocurrency market will recover in the right time if not jump this 2018 maybe next year will become better i advice do not lose faith stay strong

You can always trade in a market wether it's bull or bear, there's plenty of opportunities as long as you've got the tools and the skills to use them. Bear-markets tend to breed strong analytical traders which will reward them in the future.

it took a long time for crypto market prices to rise again, but I am sure that in the future the crypto market will recover even it can surprise the holders. we all definitely expect the cryptocurrency market to increase again, patiently waiting is the right decision we can do for now

You can do the trading in this bear market but not the day trading, you can do the long term trading. In long term trading you just need to set the order book so that you will still earn even the market is at dump. But you just need to be patient earning in long term cause you need to wait for a long period of time before you earn from the long term trading.

I think trade/ invest in this situation is bad decision, sorry about that. Market condition is bad and you'll face big risk, even you have brilliant strategy it will fail. I suggest you see reality as true meaning because it will save your asset and mindset. Keep patience to wait and see you at November 2018.

In my opinion today Bitcoin and Altcoin start with a low value, so always think that once we see the value even if we try to take risks in December two thousand and seventeen as might now be produced in the future, it will give us the advantage good. In the current situation, it will be difficult to trade every day, even though some traders successfully trade in the bear market. I think medium and long term trading is more suitable for today.

With the recent dips I am still scared of entering the market,
so I am waiting for the market to recover I'm sure it
won't be too long though

You can start trading in any situation, you just have to consider your goals. If you just go to the crypto market, now you can very profitable to buy bitcoin and altcoins. This in the future will bring you a good profit. In the current situation, it will be difficult to trade daily, although some traders successfully trade on the bear market. I think that medium-term and long-term trade is more suitable for today. I think that the market will begin its recovery in the near future, but it's probably very difficult to say something, so we all see that now there is an atypical situation. All I can be sure of is that the market will someday be restored.

Very very likely, the question is when they pull the trigger... its time for some of these capitulating bears to die

Bitcoin Price Prediction: Short Squeeze Incoming?

https://youtu.be/LlShoAaLPbI


The shorts have had trouble pushing price down. This type of price action along with high short interest is a recipe for a possible strong rally.

If we see the Bitcoin price first take out the resistance at $6,600 and then reach above $6,800 with strong volume, we expect an extended quick move toward $7,600.

It all depends on what kind of trading are you interested in. For long-term trading or investing the situation now is kind of dramatic, even though there are positive news related to Bitcoin adoption, ETH is making lots of Smart Contracts and new tokens are appearing everyday, which means that the market is alive, trading only basing on predictions can be risky right now. However, the situation is rather suitable for daily trading, Bitcoin goes up and down by ~$200 everyday, just make very accurate and precise trend line and check for uptrends frequently. ETH is better for long-term trading right now, XRP can be used for both means IMO.

Trading a bear market requires lots of experience because technical analysis will not save you...  you have to understand the underlying rules of trading and what's the appropriate position.

Theres several problems that can occur and most will not have the experience to deal with it.

1) The first problem is bitcoin is being heavily manipulated on margin... if you don't understand the correlation between bart candles along with shorts/longs and what a short/long squeeze is you are going to get rekt.

2) If you don't understand number 1, you have no chance of trading alt coins since they pump and dump based off of the understanding of number 1.

3) People capitulate more than you think is possible.. this is probably the last lesson you learn in crypto... people will not think like you.. they will do something incredibly frustrating and dumb.. and will capitulate like idiots way farther than you can even imagine.  Don't let your view on trading lead to you assuming everyone knows what you know.  It will get you rekt.

4) Money waiting on the sidelines has a double shelter... you can shelter in BTC or tether.. and that double shelter makes alt coins get destroyed in turbulent times.  People sitting on the sidelines acting like a chair that's being pulled back.. they'll keep pulling it back as long as you keep selling, and once they enter they'll sell at 12% gains or whatever and shelter again as you continue holding and not participating out of position.  You have to understand the thoughts of people who buy near the bottom over someone who maybe didn't if you're stuck in position... would you in a bear market if you bought at 100 sats really have a problem selling at 160 sats?  Of course you wouldn't.. so quit thinking like a  400 sat bagholder.

5)  This market is in a terrible catch 22, where everyone's waiting for ETF and if denied will horribly dump and if approved will absolutely moon off the planet... but either way bitcoin is better than alt coins.. alt coins will not see significant gains until bitcoin takes off from etf and will absolutely get destroyed if denied.  You're screwed either way unless entering and leaving positions scalping.

I'm not saying these as insults in any way, but from my exprience these are things people don't understand and why they get stuck in positions over 50% down.  Buying at whatever price and holding 100% altcoins is not the way to play this market and it will catch up with you (I'm sure this bear market has displayed this).... quit playing the 5 year plan and start playing the cycle... in losses itll take you from 80% down to about 20% down at worst, and will turn 10X over time to 100X or 1000X.

Currently there's huge volatility on all markets and it's pretty easy to predict if the price is going up or down (in the short term).
I usually don't day trade, but I'm making an exception now, just because these significant price swings are perfect.

You'll see the Bitcoin price going up by 100 - 300 dollars and then dropping to its previous levels.
That pattern keeps repeating and if you have the funds, now is a good time to take advantage of that.

Try trading now, if somehow you can earn a profit in today's market
then go on. if you think it is hard to analyze the market now then
stop.

I think the market will recover and now it's good time to start trading and to get prepared for further profit.
The problem is if you don't have enough patience or can't control your emotions. Wanting too much too fast often leads to failure, don't forget that.
So, engage all your skills and knowledge, develope some short term and long term strategy and move on.

The truth is Crypto has great opportunities to make very good amounts of money EVERY single day!!

The reality is, are you experienced and skilful enough.

You can make good money by just trading one coin ONLY!!!  like ETH, BTC.

Coins like ETH make moves of 10/20 points per day MULTIPLE times on some days!!!

A 20 point move with 50 ETH is $1000.

All you need is a margin/leverage account with $2000/3000, very good trading knowlege and skill.  Willing to take on greater risk for greater reward than other normal investments.

Bitcoin and altcoins start with low value so always think that so today's trading is only repeat then repeat again in again like market grow then we experience drops i think look at worth even we already lose in investment if you try to risk in december 2017 like the possible now to earn in future is to invest again now then if you don't just leave or don't think anything bad nothing will happen in that we might lose again but that's crypto this is real investment of course you need to risk your money to earn because nobody will give it to you in free

you can try trading and you can make profit, but the possibility of you actually making profit depends on your trading skills and experience!
for example one of the methods that you could try to make money is to buy the coins that are dumping hard. for instance when some altcoin is dumped 30%, you buy it as soon as the dump stopped or you saw signs of it slowing down, then buy some of it and wait for the recovery. as it makes a "dead cat bounce" you dump it for profit. this way you can make from 5% to 20% profit but higher profit can be riskier.