Topic: When to get in and get out in Bear/Bull Markets - page 4. (Read 1341 times)
Always learn and know when best to exit the market, it is known that the crypto will always have time of pump and dump, so buying at the dump price and exiting at the pump price is the best and safe trade practice.
The concepts of Accumulation, ATH where can I learn more about those?I am so bad at reading those graphs and the internet is just overwhelmed with so much of information I am a bit clueless as to where to look and what to look for! Thanks so much
Don’t just lean about those graphs and technical Analysis instead watch videos,and you can find those in YouTube and some other given sites here in which the tutorial is in videos and not just reading.explore your self via internet and not just by reading in this forumThe market generally is something you do not want to be trading without knowledge and at least some little bit of practice and if you can have that in place, that is what is important irrespective of where you have learned from. I am a trader, but I have never for once, made use of YouTube videos and I am doing great in my trading.
History price of each crypto will give you answer for that, since Bitcoin created and tradeable on the market the price is very high volatility, the price can be going up 10 to 20 times in afew month and then going down to 80% to 90%, so if you like to start hold Bitcoin or others crypto you have to start when the price already going down to 80% to 90% and then hold it until reach 10 or 20 times.
Talking about supports, resistance and then price action, I guess they are like the main things that apply to every form of trading when it comes to knowing when you should be buying and when you should be selling. Getting in and out of the market requires strategy and as long as you do not have one, then you are simply gambling.Now, one thing with strategy is that, there are so many strategies and a strategy used by A may not be a strategy used by B, but what is important is to find your own that suits you best and stick with it, and that is the only way you will even be able to have an idea where to sell or buy or set stop loss as the case would be.
This is a hard judgement and often gotten wrong, but typically you'll go in when there's reasons to believe the price is about to rise or is rising steadily and vice versa.
Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
It is based on your trading experience. Do not expect people to come up with the best solution for you. My sincere advice is to try to trade with a small amount of money. Set your goals and strategies. That is the most effective way to know what you need to know. However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
If your idea of trading the bitcoin in to trade in and out of bitcoin market, your bitcoin would be spent and you wouldn't know when you have gotten out wrongly and miss the opportunity and benefit you would have gotten if you hold!
I agree. If one all it does is in and out of markets then the benefits of long term holding will not be encountered. Plus, I feel that in this manner people don't value the coin as much.
Don’t just lean about those graphs and technical Analysis instead watch videos,and you can find those in YouTube and some other given sites here in which the tutorial is in videos and not just reading.explore your self via internet and not just by reading in this forum
Do you know that 99% of the youtubers are just shilling their own shitcoins. Those shitcoins which they are bagholding and praying that the price rises by a few cents so they can exit them forever. They are just hoping some idiot will listen to their brain washing about some new altcoins which will be bigger than bitcoin and thus they will make money off it.I believe that almost no one can catch the extreme point of entry or exit in the market during trading. Therefore, it is better to adhere to technical analysis and find points for entering the moments of market movement, and then transfer the stop loss.
I dont expect a newbie to understand technical analysis at one go. What you are telling is that every newbie should go for TA. Instead I would suggest newbies to try dummy trading themselves on a personal orderbook and see how their portfolio goes.
I believe that almost no one can catch the extreme point of entry or exit in the market during trading. Therefore, it is better to adhere to technical analysis and find points for entering the moments of market movement, and then transfer the stop loss.
The concepts of Accumulation, ATH where can I learn more about those?I am so bad at reading those graphs and the internet is just overwhelmed with so much of information I am a bit clueless as to where to look and what to look for! Thanks so much
Don’t just lean about those graphs and technical Analysis instead watch videos,and you can find those in YouTube and some other given sites here in which the tutorial is in videos and not just reading.explore your self via internet and not just by reading in this forum 
Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Technical Analysis is a shit way of learning how to be a good trader,this means if you rely on this failure will be on your frontHowever from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Asking what to watch or read?Then better check everything on YouTube because as of today everything can be find out there with mostly accurate solutions,and ofcourse read some of advices from co member from bitcoin talk
And other than that,is make your own research about those coins or tokens you might buy,make it months before deciding which to choose
It is based on your trading experience. Do not expect people to come up with the best solution for you. My sincere advice is to try to trade with a small amount of money. Set your goals and strategies. That is the most effective way to know what you need to know.
When the market in bearish you can put in bigger amounts if you are confident that the All time low has been reached and it wont drop below it or if it does there are support levels to grow it back. That said it is having the same risk as well of losing money in case you are getting into some shitcoin. So better do some technical analysis there and put your money in the right coins.I believed the analysis the OP need right now is fundamental concerning buying during bearish market,accumulation for some time and sell when it bullish market instead of technical which will acquire a lot of time. Mind you,spending much time on trading is not good.
Technical is needed but too much of it does not make the person feel good. In fact getting too much into the speculative market does affect your overall thinking. So better stay away from the market for a few days till the bearish trend goes away. hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
I believed the analysis the OP need right now is fundamental concerning buying during bearish market,accumulation for some time and sell when it bullish market instead of technical which will acquire a lot of time. Mind you,spending much time on trading is not good.
It can't be exactly predicted when to enter and pull out of the market, but you would learn a lot of things as you gain experienc, so be patient and carry on trading as the time passes you would gain experience.
Yes.Take time to read more and study hard about the nature of trading.It's not a one day or one week processing so be patient along the way.Bear and bull market are just the reasons why people keep on being thrilled because it may happen when you least expect it. 
I actually think you might need a long time to understand this. Understanding the start and end of bear/bull markets is not really that easy and once we claim to understand it we can stay out of risk of loosing our funds in a dump.
peoples usually try to understand these markets and they consume a more than predictable time which than makes them bear the losses and consequences.
Bitcoin markets are much unstable and also are not that trustworthy. They can anytime move up or move down which can give us a major loss. Even if we are an hour late, we can see the price reaching the dip. This usually demotivates most of the traders and they get afraid of the bear/bull markets.
peoples usually try to understand these markets and they consume a more than predictable time which than makes them bear the losses and consequences.
Bitcoin markets are much unstable and also are not that trustworthy. They can anytime move up or move down which can give us a major loss. Even if we are an hour late, we can see the price reaching the dip. This usually demotivates most of the traders and they get afraid of the bear/bull markets.
Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
It is based on your trading experience. Do not expect people to come up with the best solution for you. My sincere advice is to try to trade with a small amount of money. Set your goals and strategies. That is the most effective way to know what you need to know. However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
During bull race, its very easy to exit your trade. One thing is clear, you are already making profit and you will want to make more but the right thing to do is to exit trade while you are on your profit. It could be hard during bear market.
I think everyone here knows that one should sell for profit while its in bull market. You dont need to reiterate that except to newbies. 
You need to be really lucky to have get away from the bear maket because we don't know about that until it happens maybe panic sellers are the one who stay away from the bear and also from bull markets.If you really want to make money in crypto currency don't try to stay away you need to take such risks.
Staying away is not a bad thing. You can stop trading and watch the market for a period until the tides turn. Its for every trader to know when to buy and when to sell. You would not want to give in to the FUD on the market and sell at loss. Unless its some really bad shitcoin you wont want to do it. For major altcoins and bitcoin hodling till we see a uptrend is how it should be done.People will always tell you when to buy in or sell based on their own strategy and asking a question like this will only confuse the OP the more with all the answers he will get. The best things is to learn, get a strategy, keep refining and building on it and then get better at your trading skills over time.
I think you can use some indicators to find out that there is already a reversal of trend. These indicators will help us to identify when the trend will change or will continuously going to its direction. I use MACD or BOLLINGER BANDS to know if the trend is at my bias. However, i do not depend only on TA rather I make research or view some news.
If your idea of trading the bitcoin in to trade in and out of bitcoin market, your bitcoin would be spent and you wouldn't know when you have gotten out wrongly and miss the opportunity and benefit you would have gotten if you hold!
I agree. If one all it does is in and out of markets then the benefits of long term holding will not be encountered. Plus, I feel that in this manner people don't value the coin as much.
Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Can you take the no real money trade for atleast 3 months? And this is just the practice period and not the study. Though you can mix the theoretical and application approach for better learning, one can attest that you really need patience to have a discipline. This is to test your emotions and greed in ways to be objective at all times. However I believe that emotions can be tame in the real arena.
I'm really not a fan of technical analysis, I see too many groups promoting TA and the majority of them get it wrong. The cryptocurrency markets don't follow expected trends, and certainly don't have any recurring patterns that can be predicted with any reliability. I prefer to stick with sentiment analysis, if you see market sentiment significantly dropping, then get the hell out quick, and vice-versa. You can also look at the volume, if there's a significant drop, take it as a bearish indicator, and again vice-versa.
Jump to: