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Topic: What should you do in bearish market? - page 16. (Read 20690 times)

hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 27, 2019, 01:44:35 PM
#47
of course all we have to do is continue to wait until the market experiences a good improvement, because that way we can get great results and we can also avoid trading losses or invest
This is one way you can do when the market is bearish but you also can buy more when the price is cheaper and can sell when you see some good marginal growth and this is called day trading.
sr. member
Activity: 728
Merit: 263
March 27, 2019, 01:33:54 PM
#46
I think playing safe is the key.And also we've to be patient and wait for the right moment to make good decision.The Market can be go on both side.Some will lose and some will win, I think those who Will be patient and calm will make profit from this situation.Also my advice will be dont invest that much which you can't afford to lose.               
sr. member
Activity: 840
Merit: 250
March 27, 2019, 12:29:17 PM
#45
of course all we have to do is continue to wait until the market experiences a good improvement, because that way we can get great results and we can also avoid trading losses or invest
sr. member
Activity: 1512
Merit: 316
March 27, 2019, 12:12:22 PM
#44
Start investing more in the bearish market because you would get the coins at much cheaper rate than your expectation and this would help you to grow your portfolio at a very good buying price and have a multiple coins with you so that in bull run you make money for yourself.
hero member
Activity: 2604
Merit: 816
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March 27, 2019, 11:53:14 AM
#43

So what to do to survive and live well when the bearish market happens??? Here are some tips for you.

You need to find out the profitable coin, I am sure that you can find with some learning about the analysis.

When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?

We cannot invest in any coins if we don't know anything and that is a gamble because we will randomly to choose the coin, expecting that coin will increase in the next day.
legendary
Activity: 1526
Merit: 1179
March 27, 2019, 11:07:44 AM
#42
And the more reason to be extremely careful to bear with the market as it is now. If support has totally collapsed , that also means resistance will be difficult to find (at least for now) and that also means market is on it own.
That's definitely true, but the difference that favors the bulls in this case is that we're re-testing the 200WMA that keeps moving up as time goes by, while last year we kept testing the same flat support level.

I don't agree on the resistance levels being difficult to find. If we break below the 200WMA that functions as major support average right now, it will turn into a major resistance average. Support becomes resistance once broken.

To me bear is a bigger risk than buy.
Not sure what you exactly mean by that, but if it's something like being a bear right now is more risky than a bull that buys right now, it could be, but only time will tell. In hindsight we're always either right or wrong
full member
Activity: 602
Merit: 111
March 27, 2019, 11:02:25 AM
#41

The downtrend market is a very normal phenomenon in the overall market movement. But for investors, this is a very unfavorable time because it is difficult to buy & sell and take risks if trying to buy a certain crypto code. The downward market often drags most crypto down.
So what to do to survive and live well when the bearish market happens??? Here are some tips for you.

1. SHOULD NOT CATCH THE BOTTOM IF YOU ARE LACK OF KNOWLEDGE AND EXPERIENCE:
Normally, investors like to catch the bottom. Catching the bottom is a normal action, even helping investors buy cheap cryptos, but it is a huge risk. Therefore, if your knowledge and experience are not enough, it is the best not to see the price drop too cheap and buy it, because in fact you cannot know how much the price will drop.
The thing to do in this period is to jump outside and wait for the price to stop falling, start to create a solid price base or show signs of increasing to consider whether to buy or not.
In the three states of increase - decrease - sideways, the trend of rising prices always gives us the highest probability of buying cryptos.

2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
Our knowledge is very limited, no one can claim that we know everything in this market. Instead of watching the price board, charts, just find a book about investment, or crypto trading to learn more knowledge from previous people in order to upgrade your level to new heights.
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?
simply I am waiting for a good chance of getting my investment with a profit and also waiting for a good development to invest in some good investment for getting the future for mine will be brighter and peaceful.
hero member
Activity: 1218
Merit: 534
March 27, 2019, 10:49:48 AM
#40
I think even with experience it's still hard to predict the bottom.Since we expect Bitcoin prices to rise eventually, I think anytime other than a rally is a good time to buy - that is if you intend to hold longterm.

No one can predict the bottom, thats why its recommended to buy in at different levels to average your buy in cost.  The old saying is that time in the market beats timing the market and I definitely agree with that.
sr. member
Activity: 882
Merit: 250
March 27, 2019, 10:47:37 AM
#39
When the market is red the only thing to do is to Hold and you should be wise when you want to buy more because you're not sure if the market will recover in a short period of time because mostly market recovering will occur in a long period of time. Being wise when the market is bearish will make you get profits or will make you to avoid losses.
it should be the moment for us to test our mental and faith in this market.maybe if we still have strong faith and dare to take risk by buying some coins i am sure in near future we will gain much profits.
sr. member
Activity: 1036
Merit: 279
March 27, 2019, 10:44:52 AM
#38
Unless trying to short, buying at this price range is still OK. I think that's what's good with holding for a longer period, there's more chances to recoup investments. Just don't buy during bull runs and you'll be OK.
full member
Activity: 532
Merit: 148
March 27, 2019, 10:34:54 AM
#37
When the market is red the only thing to do is to Hold and you should be wise when you want to buy more because you're not sure if the market will recover in a short period of time because mostly market recovering will occur in a long period of time. Being wise when the market is bearish will make you get profits or will make you to avoid losses.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
March 27, 2019, 10:01:51 AM
#36
all you have to do is invest more, in this bearish market condition it would be better if we add investment to some of the coins that occur so that when the bull run occurs then our investment will continue to increase.
member
Activity: 1302
Merit: 25
March 27, 2019, 09:59:19 AM
#35

It's quite similar to how the $5800 mark offered massive support last year. You long the $5800 touch and short where you believe the next lower high would be. It worked for most of 2018 till there was no support left and we tanked hard.

And the more reason to be extremely careful to bear with the market as it is now. If support has totally collapsed , that also means resistance will be difficult to find (at least for now) and that also means market is on it own.

To me bear is a bigger risk than buy.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
March 27, 2019, 09:57:09 AM
#34
This type of situation also people had lots of opportunity to make money in this field, so the bearish market will not be a problem for long term investors and traders the problem is only for daily money making people so I think they are struggling lots but still now we can make money and profit in Crypto market right now.
member
Activity: 420
Merit: 20
simply getting the job done
March 27, 2019, 09:55:40 AM
#33
To be fair, it is enough just to follow all the basic rules of investing, and then there will not be much difference between a growing and a falling market. Simply, you will know what needs to be done in a given situation and control your risk level. Catching a falling knife is one of the biggest mistakes. It is better to miss part of the profits than trying to catch the bottom. And most importantly, you can never forget about stop loss. No one knows where the market will move and at what speed. By setting stop loss you will save yourself from losing money.
legendary
Activity: 1526
Merit: 1179
March 27, 2019, 09:51:29 AM
#32
Well I think those users who have enough knowledge about the market and knows how to do technical analysis are likely the investors that are fully aware of what should we expect next in the price of our coins.
What you can do is follow the trend, and as long as it is down, which has been the case for over a year now, people expect it to go down further and either short or have fiat ready to buy up spot in case the price does tank.

The thing however is that following the trend hasn't really offered that much of an advantage in the last months. People were better off longing the 200WMA touches and take profits on the upper side of the channel we're in.

It's quite similar to how the $5800 mark offered massive support last year. You long the $5800 touch and short where you believe the next lower high would be. It worked for most of 2018 till there was no support left and we tanked hard.
member
Activity: 546
Merit: 32
March 27, 2019, 09:05:35 AM
#31
The current situation is like climbing up on a mountain so it definitely be tougher for everyone but if you wait for sometime we had some ideas about how to climb and make it successful this will be the same situation for currency also so I am not doing anything in this situation I waiting for a good time and make it profitable
hero member
Activity: 924
Merit: 502
March 27, 2019, 08:42:54 AM
#30
2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
....
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?

I see this reading thing and gathering of information while market is bearish as a corrective measure, to gain knowledge and take better decision next time. Because you can't have all the time or emotion to be reading at the time your money is at risk , you rather would be looking for means to safe your loss.
Agreeing with you, a bad market has taught many things to me, because then I become more patient and not greedy, because the Bitcoin market can be tamed with extensive knowledge, and it requires failure first.
You also need to believe that there is a future in Bitcoin in order not to be tempted to sell of during bear market. This is the reason why most of new people in cryptocurrency tend to be a panic seller.
As the market fluctuates without any prior indication, the large scale price fluctuation easily make the people get into panic attacks. These days very few get as a prey for the inappropriate news that is being circulated. Bearish market is same as bullish market and the fluctuation continues with it. It is us and who are knowledgeable can make use of it in making profit.

This is a remarkable thing between bearish and bullish because both of them had same trends, base on how a trader observed along the way. We might see some good moves and eventually it doesn't meet our expectations when bad fluctuations occured, during volatility begun to initiate more spikes. It can be an upward movement or sometimes downtrend changes depending on market changes that we see. During bearish market don't decide quickly as if you have no future on your assets, and instead of selling early prefer holding your tokens and sell when price increase at profitable value.
hero member
Activity: 2310
Merit: 532
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March 27, 2019, 07:19:21 AM
#29
2. FOCUS ON READING BOOKS, SEEKING FOR INFORMATION, GETTING MORE KNOWLEDGE
....
When the crypto market starts to bullish, with the knowledge you have just acquired, will you invest better when you don't know anything?

I see this reading thing and gathering of information while market is bearish as a corrective measure, to gain knowledge and take better decision next time. Because you can't have all the time or emotion to be reading at the time your money is at risk , you rather would be looking for means to safe your loss.
Agreeing with you, a bad market has taught many things to me, because then I become more patient and not greedy, because the Bitcoin market can be tamed with extensive knowledge, and it requires failure first.
You also need to believe that there is a future in Bitcoin in order not to be tempted to sell of during bear market. This is the reason why most of new people in cryptocurrency tend to be a panic seller.
As the market fluctuates without any prior indication, the large scale price fluctuation easily make the people get into panic attacks. These days very few get as a prey for the inappropriate news that is being circulated. Bearish market is same as bullish market and the fluctuation continues with it. It is us and who are knowledgeable can make use of it in making profit.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
March 27, 2019, 07:13:32 AM
#28
Point number 2 is actually a good point if you ask me. There are a lot of people who, during a bear market, just forget about the market all in all and just tend to focus their attention on something else and are not trying to gain information while the market is bad. Personally I view a bear market as a learning opportunity to get better at trading and not just rely on a bull market to profit. One does not necessarily need to trade in order to learn but reading a lot of materials and articles regarding the present trend of the market is, IMO, one of the best things to do.
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