Bitcoin Forum

Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.

there is ALWAYS a way to make profit while trading in cryptocurrency market. from my little experience i can think of only two right now.
1. shorting the coins that are dropping.
some platforms have this option, i have never used it but it is basically making money when price is falling. if it really falls you make a big profit and if it doesn't fall and rises you lose money (to put simply).

2. trading coins that are rising.
there is always an altcoin out there that is getting pumped no matter the hell that is happening in the rest of the world! if you can find them and jump on board you can make a profit. finding them is tough though. sometimes you can find them by looking at the increase in volume and price together and out of nowhere when they are pumping them for example.

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and remember these strategies may not be fore everyone. for most people it is best if they stay away and wait for things to calm down and rallies to start. making money in bull market is always easier for most.

If you are out of the market and you wanted to wait for it to stabilize, I think it's the correct way to do right now. We have broken (unfortunately) most resistances that could held us up in price, I think we are on a bear market for now, until the charts tell me otherwise.

If I was out of the market, I would wait it out, and once the price starts stagnating, aka becoming almost flat, it may be a good idea to start planning a big entry, similar to how Bitcoin stagnated after MtGox's crash. When everyone starts saying how Bitcoin is dead and the price is almost flat (2014-2015) period this is the ideal period to accumulate. I hope that happens, which would mean 2018-2019 will be an accumulation period, and 2020 will be the new era of $100k+ a coin, with once again, a bunch of people on the brink of suicide because they sold at the bottom during that accumulation period.

Whatever you do, just don't short it... that's insanely risky. BTC can skyrocket at any time and put shorters in bankruptcy overnight.

Stablity will not work perfect for trading coins bro. You should be involved in trading while price dumped or fluctuating completely every hour. If you want to go to trading this time will work good in investing on bitcoin or any alts.
All the crypto currencies seems dumped in the market. I suggest you to invest on NEO, TRX, Ripple, IOTA and ADA. I am sure if you invest 500 USD with in 1 months you can make 1000 USD bro.

I am trading with AION and I grew it from 100 to 183 AIONs now.
Even with all this dip, there are those coins which stays alive because they have the project that is intact that is why people are still buying it.
Although if it is converted to USD I will have the same amount, the number of BTC that I have really grown much.

Maybe they should stop converting and just try to earn more bitcoin. That is the clue for most of the successful traders.

It's more difficult to trade altcoins in depression times but it is possible like you proved. I prefer to trade BTC-fiat in these times, but my goal is the same - to end up with more BTC. I don't really care about USD value of my portfolio. If bitcoin drops 20% but I end up with 10 or 15% more bitcoins, then I am happy, despite the fact that my USD value actually dropped a little bit.

Money can be made in ANY market phase, but the main point of importance is that you need to find the phase that allows you to be comfortable with. I personally have been involved in day trading for a good while, but I just had to accept that it isn't for me. Not necessarily because I couldn't make profit, because I did, but more so the fact that the more active the market becomes, the more luck is going to play an important role. It all comes down to greed, fear, hype, fomo, etc. If these variables start kicking in, technical analysis is pretty much useless, and from that point trading will look more like gambling than actual trading. That's why I personally just stick to slow trading, which people generally refer to as buy low sell high.

It depends on the amount you are willing to trade. It sometimes works for me, though. I usually just trade small amounts during dips because I know how fluctuating the market can get. Nevertheless, what is nice in this situation is that you never really lose much. Mind you, this works only when I have bought the Bitcoins in lesser costs. Having said the latter, it would be such a gamble to trade if the Bitcoin you have was too expensive when you bought the same. Simply put, you have to learn to weigh things before you actually get the value for money of your investments.

I suggest you to do not trade with the actual markets.

if you are a newbie in trading, you might have big losses, specially when everything is on red and you can have bigger losses than usual.
So no, better to avoid trading on these times.

Now is the time to invest if you are looking for any sort of trading. Almost every coin is going to recover and you will get amazing returns. The prices that you are seeing are the lowest that they can get. Avail this opportunity and invest. Within a few weeks you will see market bounce back. A lot of people have sold their Alts out of panic selling, and the market is all set to bounce back.

Trader should be able to work in different market conditions. Buying deeps is smart way to make money with holding for months. Trading always pay and there is no excuses for unsuccessfull people. Trading cryptos can be proiftable but this market is crazy volatile.

Yes ofcourse. If you're a good trader, you can make profit in any condition the market is facing. Sometimes the unstableness of the market will give you much profit if you know when to sell and buy.

I sincerely believe it is a time for buying. However, you should observe Fibonacci support and resistance positions and buy only near the support. If you are talking about day trading then sell near the resistance and wait for the bottom again. However, if you are talking about weekly trading or so then you may think about setting some trailing short positions, you never know if the current deep is the lowest point for next seven days, or will it go deeper. Everybody is talking about buying at deeps, however, if you are not talking about holding for 12 months or so, then you could by at the current deep and your portfolio value could sink after that......

Good ones show themselves in hard times , that make differences between top traders and others , If you think trading is profitable then it should be profitable even in deep times.

There's much profit to be made in the current market but it's going to be especially difficult if you go against the movement of the market. Therefore most of the profit right now will come from shorting which is risky if you believe a recovery will come sooner rather than later. In a market like this one make sure you always use a stoploss

That really depends on how you trade , if you are trading on one of the plateforms that offer shorting on coins then no matter what the situation of market you should continue trade , if you are trading like most of us and only make money on uptrend market then this is hard times for sure and you need to be careful with your entry points .

I believe that it is possible but I can still hardly imagine those things. Selling coins if you see a further losses is probably the best type of "trading" during this time.
1. That looks more like a gambling. During this time you can see a price changes you can see 5% price changes only within one 15 min candle. The slaller moves should be unpredictable.
2. There is always like 1-3 coins from the first 100 of the CMC that hve a small growth for some reason. With less popular coins everything is pretty much the same but the risk of getting P&D is higher. Maybe it is possible to track some local hype but usually it is also a bad move. At least at this case you see your chances to pick  acoin that is rising at the dips.

You just have to be smart in your trading during such massive dips. You should consider trading in short time; that means you can buy right now and sell in say 5 to 10 minutes when there is a little increment. if you focus on earing as much as you used to when prices were stable you may be in for a bad loss.

selling in 5 to 10 minutes i think too fast.price and chart move has'nt significant volatility.maybe this better to sell at least 4 hour.we could take advantages from this timefram movement.

Much better wait when the market has signal to reversal because if buy on the deep can be the price continue dropping. So learn some technical analysis about reversal pattern will help to decide when should be entry to the market to minimize the risk.

it is possible bit it is much harder to earn money with trading in a bear market. almost everybody can make money trading in a bull market , but now is where it gets hard. i personally just stop trading in these times . and i try to get some altcoins for cheap right now with fiat money.

it's depend if it will click. but I think I'll click because Bitcoin is known and it's getting bigger because you have a lot of money. not only have money but they are much to Rich ..

Actually you can take a bit of profit fromdeeps right now, but it's risky because we know that cryptocurrency is falling due to some issues I do not want to say but indeed I suggest not to daily trade or short-term before there is a good issue that comesm.

in my opinion for short term profit the deeps are very good opportunities to be used unless you have entered into a coin when it was high in price and scalping it would be dangerous.

In my opinion, you should not trade at this time, because the cryptocurrency market is going deep, it is better to wait a while when the market returns. If you buy now, it is possible that the price will continue to fall, the risk is very high if you trade at this time, you will suffer losses if not make the right decision. However, you can still make a profit if you take risks while trading, and make wise decisions.

Why not, deep price is good opportunity to buy back and besides that, have you ever hear trader/ investor buy on top price and not regret his decisions?. In short term strategy, this is not the right time and you should wait. The questions is, why you not change strategy become long term period?. Market always change and good strategy can follow the trend and get out when reach the realistic target. Try it and feel the different. 

All, thanks for your constructive feddback and opinions. It all taken into consideration and my further steps towards trading and investing will be made accordingly.

well for me in short trading you must trade in dip 'cause the more volatility of price  the high chance to gain profits but it depends if you know how to observe the movement of price.  'cause tbh short term required strategies so you should monitor the price always so that you can make your more strategy and more specific idea which is when is the right time to sell to prevent loses with it .

People always wait for the low price to get chance and trade, so as to get more profit. I think we should trade in current price of bitcoin, because that is a very reasonable price for trading bitcoin, bitcoin price is still too much undervalue and still it has too much potential to increase in near future, therefore i think that we should not waste any more time and should invest money in bitcoin right now.

Yes, the whole crypto money market is in bad way, I do not know what to do. In fact, some Altcoin prices seem to be very cheap, but as you say;prices may get worse. I think we should rest until April.

well for some people current market is bit messy for trading but for others its a great opportunity for doing trading at a huge value and it all depends upon how good you are on trading. like prices are fluctuating and market is very much unstable so most of the people who are buying at the high value are getting low value at the end of the day. but all those how are playing for the long term and predicting the positive side of the market might end up with the huge profit at the end of this year

Trading in deep is risky, but not unprofitable at all. All that yoy have to do is strong prediction that comes from knowledge, experience, insights and news. You have to be a vigilant watchman gor trading in deeps. Once you can continue your sharp eyes on each deep, you will be successful to generate short term profit.

Trading in the dip as a day trader or for the short run is not very advisable unless you are very sound in your fundamental, technical and sentimental analysis . It will interest you to know even in this dip some who knows their onion are still making profit in this bearish market. All in all it is better to stay away for now if you are just new to trading except you want to buy and holds for a long time.

Right now, I do believe that the market favors going short on bitcoin. Most exchanges don't really allow that though, so the only trading possibility in my opinion is to try to play the bounces once they occur. The problem is, that with all this selling pressure that the markets are facing, you must wait for the right opportunity to try to play a bounce, and close your profits fast.

This is for short term of course. If you want to go for long term, then I would say it's ok to buy a small amount now, and keep buying small amounts after each dip, until the bottom has been reached.

I think it's a very suitable time to start trading in such deep period ( because you can double your profit easily ) , except that you want to wait a bit for more stabilisation of the market .
PS : I am following an investor telegram channel, he made 400℅ net profit within one month ( 20 February-23 March )

why would you wait for the market to become stable before investing, buying during those dips could give you better profit as stability doesn't exist on cryptocurrency market, volatility is a feature of this market that makes everyone earn just by holding their coins, bearish market will be the best place for short-term trading.

Trading is not good enough at this moment, take a look over the recent changes over the trends and you will see that you can easily lose a lot of money if you do not do the things properly.

Just wait, do not invest at this moment.. you are risking your entire ass.

This low season has been taking place since the first quarter of this year and now we are approaching the second quarter still the market is unstable. If we are gonna wait for the market to be at best again, then maybe we never know when will that happen. I believe that we can go with the flow, however, be cautious and not expecting instant big profit we can do trade. There are still a lot of altcoins to trade, just select after careful research and observation the ones that you can trust. Patience and time are necessary tools at this time.

I try and pick sideway  coin and trade for small profit to gain satoshi. 

At the end of the day, I want more satoshi.

There's been a few good pump for qtum,storm,trx.

So yeah there's definitely money to be made !

I've seen some  of the traders posting that they have made a good amount of profits doing swing trades. They have managed to gain even in this crash like buying $8k and then selling at $9k twice.

For me it depends on your capital, mostly trading in deep are very risky but its worth it if those coin will pump, like i said it depends on the capital of traders because having huge capital can make value of coin pump like what big whales do. But if you want to take a risk just choose coins which you know the possibility to increase its value is very high.

For short-term trading you can join and invest in your favorite Altcoin right now. When the value goes down 5-10%, it is a good time to start a new short-term investment. Wait a few hours after the market goes up you will see the results you wait, good luck.

It still depends in what kinds of coins that you want to invest there are some tokens and coins that they going dump because they are scam and they dump to scam and stole peoples money.

Well if you think about it this way: You will get the maximum profit if you invest in deeps, then you'll definitely consider it.
But I think risks are always involved, but if you can invest for long term, then investing at such low points is definitely preferable than at stable market because the percentage of profit at stable market won't be as high as if you invest at deeps and cash in at pumps.

There is still chances to make profit even in the deep, but you need to be more careful when market is still unstable, it can make you missed speculation and losing money, but if you already professional then go for it, there is always chances to make money in decentralized trading

At time when the market is falling down and that the market value of so many crypto coins turning out to be far less, it is better to go with holding of the coins and that to stop doing trading for some period of time. At such time, if you will go with trading, you might end up losing your money or that you want be able to make that much of the profit which you have in your mind to earn.

Worst days call for worst trades so its better to halt the operations as long as we dont see any opportunity. The current market is only good for the options like Holding your investment, making different portfolio by investing in multiple coins when they are very cheap. We can keep this for cold storage and thus make great profits without doing anything but just waiting for the right time. Once the time is right and all the market is in bull run then we can have our profit and using the same we can open up our trading once more.