Bitcoin Forum

Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

Real traders trade every day no matter how is the market: red, green, purple, orange... because it's their job. Even after losses they continue to trade. Here people believe they're a trader when they're gambling with $2000.

Do you imagine if IRL traders from banks and institutions stopped to trade because the markets are entering in a dark period (like currently with covid-19 or like in 2008-2009)

For short-term trades, the market seems to be suitable. Especially recently, due to the start of the market activity and the increase in the transaction volume, I started to increase my daily transaction count. Although I am a trader every day, I follow the market more in such periods and I take care to increase the number of transactions during these periods. In fact, there is always the opportunity to trade for a real trader, but when there are market conditions like this, we have to do more and evaluate our market mobility and evaluate our chances of making more money. Although the market is suitable for making money, I recommend that people who do not have enough knowledge and experience do not trade or carefully, with little stop using stop loss. On the other hand, we should not be greedy in such occasions and we should not leave our transactions to chance after we have achieved the targeted profit margin.

First there are two types of traders.
1.  HODLER's (or what most people call "investors") - those who buy the deep and wait for months or even years until they feel they have made massive or enough profits and then sell off. This kind of traders are seasonal and wait for the perfect opportunities to trade. They don't entertain small daily profits.

2. Day traders - They are always trading, whether it's bear Market or Bull Market. They are always riding those daily waves for small profits which they hope to accumulate over time.

So this question is wide. It depends on what kind of trader you are. If it's a day trader then almost any day is trading time. If it's a HODLER. Then you will have to wait for the perfect opportunity. @019, then BTC almost 3K was the perfect Opportunity, In March this year when BTC almost hit 4K was the second most perfect opportunity to get in.

Absolutely right on what you have said where real traders doesnt really mind on whats the current market condition and come to think that losses is always been part of the risk or they journey that they had taken.We do see that the market still moves which means there are activity between sellers and buyers,
there might be people who do turn their back from trading but doesnt mean that it would be applied out globally because real traders would really see an
opportunity on declining market where they do saw the chance on buying out cheap and would gain out later on when the market tends to recover.
Rinse and repeat the same process then boom = profits.!

Its always good time for you to start or get back into trading, the price increase is not really important in trading the price movement in short term matters and its very much possible in everyday with crypt crypto currencies.So get into trade and start to analyse the market before executing your trade order.

Correct, for traders the volatility is their ally and not an enemy, it does not really matter to them the direction the market is taking as long as there is enough movement on the market to generate profits with their favourite trading method, in fact what traders hate the most are static markets in which the price does not move much for long intervals of time, which is why they love this market as everyday there is a lot of intraday action they can take advantage of, and it can be argued that since the drops in the market are even faster on average than the upward movements that they like it even more when the market crashes as they can earn huge sums of money shorting the market.

That was your own analysis based on what you have noticed, but the question is, is that really what happened? There is no source where we can see the actual feeling of traders right now. You have to decide on what to do based on what you see on the market and not because of your speculations about how traders are reacting today.


Definitely you need to trade to recover your losses. But don't have that mindset as recovering the losses might result into much worst scenario.

Practice trades win or lose. That's how you will become a better trader soon.

To be honest, you are late already. Why you don't come back when the market drops or even before halving? I know trading doesn't have such perfection but having good timing will catch a good price to start and possibly gain more. Because if we are able to start buying when the market reaches its bottom at $3.8k early this year, it eventually giving you a chance to make it doubled this time. Quite that you miss something around.

That is very important that even you are out from trading you still keep tracking the market trend and take the best opportunity.

Does a trader stops trading when the market goes red? I think not. Day traders or short traders won't stop trading because the price are always moving regardless if its gaining percentage or lossing in a 24hour price comparison.
I guess you're a bit confused about trading and just hodling (basically long term trading).

For me I did not stop trading, in such cases when prices fall I do a simple strategy, as I sell a portion of my coins at the highest price and then buy from the bottom again when it falls more. Thus, you can increase the number of your coins instead of waiting for the rise.

Are you talking about altcoin traders who got burned 2018-2019? I do believed that they really leave, specially beginners who thought that it is very easy to make money in altcoin, just throw some money and wait, but it wasn't the case because we have witnessed the bear market already.

But for those experience traders, nothing has change, they continue to trade despite the bearish trend and squeeze some money out of it. My advise is just continue to trade though, but this time educate yourself, for beginners it will be a daunting task again, but everyone starts at zero here, no shortcut. Rebuild your portfolio and adapt to the changing environment.

You can trade anytime but not all the time, especially when you are trading margin. I know some people who are much better when a bear market or bull market, like if in a bear market, you can short some cryptocurrency if you are trading in margin exchanges.
Always remember, waiting for a good opportunity to trade is the best, don't enter the trade because of FOMO, wait for a pullback or some correction.

When real traders was out from trading? Trading is not like that-''this season is bad and we would go out from of trading or now is real time for trading''. Those who are real trader always search way for profit by their trading. It may be market up or down. What you saying is not trading, its for time being trading and they can not be benefited from market. Upset is part of their trading. So giveup this.

I honestly think that day traders are trading every single day under any circumstance. No matter if it's a bear or bull market, these traders would keep coming. I don't know what are you going through, but I assume that you are not skilled enough. In order to be a real crypto day trader, you are making a living on this no matter what situation the market is in right now.

Losses are expected, and we have to deal with that. The mentality of cryptocurrency trading is that we are expecting more losses than wins. It's all about our emotions that are tested nowadays. In order for you not to be disappointed in your trading results, always put in your mind that you are expecting to lose more than profiting. In that way, your emotions wouldn't be as affected as the other real day traders who are doing this every single day.

If you're not skilled enough to be a trader, there are some online course platforms for you to choose from such as NewsCrypto, Udemy, Tradercobb, Trading Heroes and so on.  In that way, you'll be on your way to become a skilled trader and may have no problem about coming back strong on trading.

If you are talking about 300% gains per day on an altcoin that you never heard of, its a pump and dump happening. <5% rise or fall is normal but more than that you should be careful whether you are being pulled into a trap.

"Improve" is a relative term here. Mind I ask what altcoins you are talking about?

No. Maybe you do.

No. Maybe you did.

Bearing loss is a normal part of trading. You lose to learn and that you must take advantage of. You have to decide which price to buy and which price to sell at. Maybe you need to observe more than just trading with any coin that you see.

Tend to agree as what @LeGaulois said, real crypto traders, do trading every day even what is the condition of the market price. Because they know some strategies on how to gamble their money despite if the market is bad or the market is good. You should know how to stop losses, this is a very important aspect in trading in managing your crypto asset, this is if you want to automatically pull out your trade from sudden loss and consider other alternatives.

Anyway, I just want to remind you of this. Just make it sure that you'll never invest more than you can afford to lose and that you never chase your losses. Chasing losses that make you greed and everything may cause of out in control.

You may look for recovering your losses from some other income stream (by freelancing or over-shift in your regular job) which means that you may not need to rush for recovering your losses from trading itself. Because when you try to trade for a reason then you may not succeed but you must trade for a signal. That signal should have been conformed by multiple technical analysis.

This may be a time to get back to trading to make profits and definitely not for compensating your previous losses. Losses are losses; accept it and just look for new opportunities to make "fresh money" which may lead to getting multi-fold of your original capital over the time. Do trade naturally.

May be they never lose all their capital ;). I guess there would be no sin if we wait for the tides to turn in a favorable direction; I mean it would be much easier to catch the bulls now compared to what we had in 2018 and 2019.

back or not, that was their decision. at this time, many suspect that crypto prices are starting to recover. some people have started a strategy to increase their assets. however, their failure was an action they had taken in the past days, so they already knew the risks they could get when they returned.

You can go back to trading anytime, but it's best to come back when the market is growing. Then you will have lots of opportunities to make money in many areas. margin trading and trading spots are both easy for you to profit. But if you are inexperienced, you may still lose as usual in the bull market. In the meantime, you should learn a lot about TA and the experience of long-time traders. They will show you tips on capital management and profitable trading strategies.

I wasn't a fan of trading but lately I have started doing it.
I simply trade altcoins and I use a variety of options that will make me earn a decent profit. It seems that altcoins can give good rises and eventually profits if you trade them.

To get back? What that actually means?
There are a lot of Bitcoin users who trade all the time. Of course, there are also ocassional traders who just chase some opportunities although that maybe isn't the best way to trade. To become successful trader you need to be present in the market all the time, watch the trends and get experiences. To my opinion successful trader needs some continuity otherwise that is just a part time hobby.

From the previous weeks, it is good to make trades because the market price of the coins are going uptrend especially the bitcoin which is a good market investment from that uptrend it gives me a huge market income but when the market price of the coin falls down it gives a huge impact to my trades and gives me some of the loses that I didn't expect which is a huge problem to also one of the factors today the market price of the bitcoin is still going stable and it is not quite good to me because I used a huge margin trading so I can get a huge market income too even this is risky trading is trading once you enter on your world here you will have a full potential you will lose your money.
To avoid this kind of scenario it is better to make aware of the market movements. A trader is a trader but some of the trader we called as the scalpers that every movement of the coin they make an investment which can cause too much earning or too much loss on your funds.

The volatility that happened about two months to halving has reduced and it means the market is going to be a bit stable for sometime. I think this is the best time for scalping and those that like to take little profit or loses par time.

FYI, you can get back to trading anytime when you are ready. With the money you have, you can back to the exchanges, and start to buy any coins, but as usual, don't use much money or all money if you are not ready to lose because, in trading, the chance for the loss will be there. Traders will always back to the market, no matter what the market conditions because they want to make a profit every day. But they cannot get the profit if the market cannot move as what they predicted, so they need to have another plan or strategy to the current situations. You need to learn more about trading so you can make improvisation based on the market so you can be able to make a profit.

Your advice and understanding will all be very valuable to me and of course for beginners who of course don't know much about crypto trading methods and strategies, every trader must have their own methods and strategies so they can make money, there is no problem with the hope of fear of losing from them, but a beginner will ask for a better trade they will do, and they certainly want to benefit from the trade they do, and because they can anticipate losses that are too large, and of course only require your direction and knowledge all at here who are proficient in trading.

In my opinion we have to wait more till we can go back to daily trading . The market is still with question mark and we do not know if bitcoin can go down again .

yes, it's time we get back to the market. Although the price of bitcoin is showing signs of decline, it will only slightly decrease. This is the time when we need to be alert to buy more bitcoins at different prices. In my opinion, you should set buy orders available at prices such as $ 8k5, $ 8k and $ 7k5. In the worst case scenario, bitcoin will fall to $ 7k5 and that will be the time when you spend a lot of money to buy bitcoin and hold.

Yeah, the pandemic made all of us trading at one point. Right now life is a bit boring and there is also not much we can spend money on so we are actually doing a lot better economically than before compared to some people who lost jobs. This pandemic created two type of people. One is the people who have lost a lot of money because they lost their jobs or they are on unpaid leave or basically anything like that and they lost money in general.

The second one is the people who didn't lost their income but they can't spend it on anything but the things they really need (like food and all) so they have a lot of money saved up at the side. That resulted with people actually getting back into bitcoin or crypto in general since that at least made them have a bit more fun during this very boring period.

We can not prevent bad days when trading. We may lose a lot but that doesn't mean we give up. There are also times that we wanted to give up but giving space is just enough to reflect on past trading ways we have done.
 
 The good thing about our mistakes is that it teaches us to do more effort and to gain more knowledge before we finally get back into trading again. I, myself experienced of almosy giving up,too. But it is not the right idea if we wanted to become a successful trader.

@Joyawan13 Although I buy into the ideology of trader trading in any market conditions but that has to be professional that must have studied and mastered their craft. I won't advice you go joining them if you're not capable of duplicating their success. We have traders that profit more when the market is in a downward trend and those who profit in a bullish trend. Although the later is more doable that doesn't means they're less of a trader.

Don't get pressured into doing what won't profit you just because everyone is trying to do it. The market this days is very unpredictable so I would advise to keep holding if that's what you were previous doing before this thought came into your mind. As for the altcoin, I don't think it's their time yet, might just be the market trying to trap some greedy investors/traders.

What more can I say? A real trader doesn't choose the situation of the market as he can always strategize on how to make profit. There is no right or wrong time in trading, if you know what you are doing you can always trade anytime you want. Sometimes you can take advantage if people are in panic mode. But that is all on you how to attack that situation. Just always remember the simple rule of trading : buy low, sell high. Actually, that's very simple but when it comes to actual action, bit hard though.

Trading is just like any other business, we can be more profitable if we are in the right time and in the right choice. For we are planning to set back in trading again, it is better to evaluate ourselves and think also the current crypto situation. I'm not sure if we are in the best position to start over but most likely a real trader will approach the market no matter how risk it is and that is what we have now.
Then now, just ask yourselves how prepared you are? Think that not all traders have a good time when the market is high nor to be at a low. Because it can be depending on how you maximize your funds and how to manage decisions in times of difficulties.

Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status. Given these outcomes, it's clear: day traders should only risk money they can afford to lose.

A good day to trade is other than the weekend, because the volatility is very big on weekends,
today just the price of a Bitcoin pump and dump is $ 200 more, and if you are a newbie then you can lose your money

Trading has been there for a long time, there has been a lot of people who have been trading in the past 3 months, that is how bitcoin moved from 9k to 4k to back over 9k and now under 9k once again. Without traders those moves wouldn't have been possible and now that its high"ish" again people are trying to get back to trading.

I am sorry but you should have done it when it was low, not when it went back up. For example people who bought under 7k (I did thankfully) are still in profit even with the latest drop. Some people who bought over 9k are angry and calling bitcoin dying and bitcoin a scam and so forth many things, some even left for good, only because they were not smart enough to get in when it was low and saw it go over 9k and imagined it could go even higher and they could make profits, that is wrong thinking, you should buy when its low so you could make a profit, not when it went up.

I think whatever condition got presented by the market is always good for trading as we've seen traders trading almost everyday be it during bear or bull market condition. Undeniably, it is much easier to make massive profit when the market is in bull than bear as every coin seems to be moving upward when in bull but if you understand trading quite well, trading even in bear shouldn't be much of a problem so the take is; everytime is good for trading,  all you have to do is be up with your games

Exactly, many people are trading in all market conditions, they are doing very well when preparing for the worst possible scenario. The losses will be very difficult to recover if we wait for the market to recover completely because we also don't know the exact time to not miss the game.

From the explanation you have made here, I can tell that what you're doing is HODL, and not day trading. As for those who were holding their coins before the price declined, they shouldn't have sold it, especially if you were holding till it dropped to $3k. Anyone that wants to sell their coins should always do so when the drop is little, but if it falls to a very low, then there is no need of selling it.

Selling your coins when the price is critically low is of no need, because you're going to lose your money and it doesn't make any sense. If you do that you might be unable to recover the money. So it's best to always just hold it and wait for when it will recover. Right from time I knew that this was going to be temporary.

There is no other way to recover your losses in trading if you don't come back to trade. But before you come back to trade, you should have learned some lesson so you can increase your skills, you can trade with better than before. You can analyze better so you can slowly recover your losses. It doesn't matter if you recover your losses fast or slow because if you are serious in trading, I am sure it's only a matter of time before you can recover your losses.

But in the other way, we don't need to push ourselves in trading if we are not capable of doing it and lack of understanding because it only gives us losses in the end. If we can find another way to recover, then we have to try it. Some things aren't for us, we have to accept that. That is why I don't encourage people to come in trading if they feel doubted and lack of knowledge but rather to suggest them to think another way. May investing/holding will help but it is not just simple and it is still needed crypto understanding but lesser risk than trading.

There are really things which arent really made for everyone even no matter how hard they do try but still fails to be profitable but we shouldnt really let ourselves to give up easily because mistakes are inevitable things and if you do just simply quit after experiencing a few then that would be different but if you do already engage in trading for too long but you do saw yourself not feasible on this field then thats the time you should consider on quitting and finding other ways on how to invest or make money but we should at least first try before making any conclusions because being profitable on trading cant really be achieved overnight!

Not rushing might be helping but in my experience we should not focus on recovering our losses but should focus only on making profits. Both may sound similar but there are a lot of differences. If you are trying to recover then you will get pressurized whereas when you are looking for the right opportunity to make profits then you can trade with all peace of mind. Only peace of mind can encourage you to go further and make more profits.

That must be a right suggestion. There will be no point of keep trying when you are unable to be successful in trading. Recovering losses will be possible only for the traders who make some losses due to out controlled things like sudden market fluctuations but for the people who are consistently making losses should quit before it will be too late.

Trading is really weird right now, it is more like waiting period right now because people haven't really made up their minds about bitcoin at the current stage. Everyone wants to profit from it but the price doesn't move all that much. If you are a margin trader or leverage trader you could make a big profit because they have like 100x leverages where you could make a big profit even with small movements. But if you are not like that, there is not really that big of a profit to be made right now.

In 2020 there has been plenty of times where you could have made 100% profits, in total over 200% profit (in fiat) and that was awesome but right now the price just looks like it is going to be boring for a little bit more while, I do not see a huge crash or a big bull.

When you take trading as a profession, you do it everyday and that's what traders are doing. It is a sure fact that market condition contributes greatly to the profit generation potentials but however, i know of traders that do make decent profits even during bear market condition. If you are not a pro yet, i'd advise you to limit the amount you risk on trading during bear market condition because the market use to be more volatile compare to during  bull market condition

Ups and down, red and green, bull or bear - all these are part of our trading experience and shouldn't be served as a reference if we will do trade or not.

That's the challenge in doing trades, play with the market, play with the volatility, play with the hype, etc. There's no easy path to success and obviously, you can't just change the direction of the wind of the way you want.

My advice to you is to remove all your doubts as it might affect your future trading strategies. Take note of your mistakes in the past and focus on your goal.

Since altcoins have a smaller market cap then their movements are more abrupt than what you see in bitcoin, however this is a double edged sword and can play on your favour or against you, if you are a good trader then this is good news to you as you should get profits over the long term thanks to these abrupt movements but for a trader that does not really know what he is doing then this is bad as he will keep taking bad decisions until his capital runs out.

Could it be that OP is running out of option to make some money from bounties or he's just trying to ride the flow because Bitcoin is done halving? Which it is, it doesn't matter since Bitcoin is always volatile and you can't be 100% sure to win in trading but for those who have specialized their skills in order to gain some profit while decreasing the odds of losing or those who have a specialized risk management.

A real trader is always a trader even if he get lost from his previews trading he will continue to trade whether the market is up or down. Those who did not experience trading i think they should learn and try specially this time that we are stay at home because of pandemic,it was a good chance to earn while at home and don't have work because of covid.

I have been trading some shit coin which has given me profit have not realized from bounty in a long long while. Most times, I buy the rumor and sell the news. For example KAI has done greatly well, I was lucky to have bought at $0.00056 and the price rose as high as $0.0051. I now spend my spare trading time for bounty.

the situation will indeed not change. the current price might look like it will recover soon. however, we will not be able to guarantee 100% of the profits we will get when we trade again. in fact, it could be like repeating history, and getting a loss, because we know that it is very difficult to guess the current price movements. Well, however, he can come back anytime to trade. maybe he is waiting for a moment like in 2016-2017.

Yes, no one can give real information about the market in doing business However, seeing the rise in the price of Bitcoin it seems that now is a good opportunity to trade. Bitcoin has gone to almost half of the events and is likely to see further growth upfront Seeing the market recovering now is a good time to get back into the business and invest in bitcoin.

Sorry but Big traders wont spend their time answering your post here because they are Busy with their Trading activities so expect so
answers from them sorry for that.

For me there are no reason why need to wait for specific time to make a trading?because i believe that market is always volatile,
and may brings profit if you are knowledgeable and learned in this market and this is what the most important
 thing if we are considering to make trading.

also why Need to daytrade when you are more safer in Holdings?aren't you doing that for now as you seems to be paused in trading?

Yes, but we should not forget about other altcoins that have good condition charts in the market. There are many good altcoins out there but Btc should be the top priority to trade. Its definently a good sign to get back to trading, since searching for bounty campaigns are hard to get these days. You must get back to trading before you miss some of big events happening ing crypto world.

Bitcoin is already having such high price that only a large price fluctuation can only yield good return or else you have to do margin trading for earning much.
I personally prefer buying newly listed alts at a bargain price and wait for their price increase or their roadmap meet the promise and then take my profits. Although many a times I also make mistakes due to greed and thinking I can make a quick return over my money. But if you stick to the principles you can make quiet a lot of money trading.

A trader with purpose and objectives won't leave crypto trading no matter what happen to the market. You should know that become a trader should have patience and a risk taker person. Crypto is volatile and you can't hold the ups and down of price,the only you can do is play with it. But you can only do this if you really understand what is really a trader. Specially this time,altcoins market has a good movement.

An advice from me, you will never be comfortable as long as you never know the essence of trading, especially you lack the strategy to trade. Because that is the important thing to start even you aren't recommended to buy some coin for intention to trade before you at least know the basic knowledge/strategy to trade. If you already known it, you will never ask when the good time to entry and start to trade again because you have made an analyst.

You should not be traumatized because it would be better if the error is made a lesson for you and with high optimism at least you will fight more optimally to recover losses, and with price movements that occur at any time it is the right time for us to buy and sell, because with you be brave with something low that over time will be something that is very good for the financial and also for your own experience.

The market isn't the market after a minute, this only means that it constantly changing in no time. Winning or losing isn't a choice it is the result of our decision in trading. Frankly speaking, we have our own style in trading. Who told any one not to trade because the market isn't that good?

It seems that the challenge you are saying is quite extreme since the market is showing some massive fluctuation, weak minds will take this as a negative sign to not continue trading but those who really knows what is going on, they will surely love the spikes in the charts. Trading now is more enjoyable, but not when you lose hard.

 Meh. The only thing you need is the timing, technical analysis won't do that much of a very volatile market always think that the market is your, and the enemy is your fellow traders.

Losses are always inevitable in trading so learn to embrace it and keep on trading to learn more and develop more of your  special skills and strategies in trading. If you think you are already good enough to trade again, then go. Good traders always see opportunities to make profits even the market is still in bearish. Keep on trading as this is the only way to regain all your past losses.

Right! There's no specific good or bad time to trade. A good traders can be very flexible in trading even though the market is suffering. Some traders just wait until there's a wave in the market to "ride-the-wave" and earn profit based on it. However, it's a serious mistake if you don't have enough knowledge and experiences to quit the wave before it dips you down!!

Right now things are looking good once again and I feel like maybe we are about to burst once again. I have talked about it before and I will say it again, right before a big break is the perfect time to buy bitcoin and I feel like we are there right now. I may be wrong, maybe we are going to drop, but right now it looks like the increase is pending. If I am right and if we do increase, there is a chance anyone could make a very decent return on investment.

However, the difficult part in bitcoin is that there are too many low income people involved, they invest 100 dollars and hope that one day it turns into tens of thousands of dollars, that is not going to happen anytime ever again. I am talking about a %10-20 increase that would be great as investment but that is all you should be expecting.

Besides that, good traders will know when he can back to trade because he always watches the market before he decides. If he cannot get the timing to enter the market, he will not do anything and only watch the market until he can be sure to back to trade. Getting a pump when we trade is a bonus, and that can give us additional profit which sometimes will be bigger than the profit that we get on other days. I agree that before we come back to the market, we need to have the skills and knowledge, at least, we know when the time to enter the market so we can use our time to trade.

in my opinion right now is the right time to start trading cryptocurrency, especially for Altcoin, if you compare the price of Altcoin in 2018-2019, this time the price of Altcoin is below, trading now can provide more profit if Altcoin season come

Big traders never stop trading irrespective of the market. You might be saying this because of the current upsurge in the price of some crypto especially the ETH. There is not best time to start trading. You can trade anytime you like even when the price go down. The most important thing is to make the best decision and the right time. I trade both bull and bear market. Sometime I loss and sometimes I gain but I've been able to minimize my loss by learning from the past mistakes

It is hard, after having years of volatility, after having this pandemic that hurt so many millions in the world, after having a lockdown globally that kept probably billions at home and worried, it is not really easy to go back to normal. You can't just expect people to think about crypto during this troubling period.

I would say it makes sense to actually go back to how things were, go back to trading, go back to everything normal like pandemic never happened, but it is hard. That is why I understand people who elect to not go back to trading as well. It is not their fault and we were all scared, so they could live it a bit longer than all of us here, they could be focusing on regular life things and try to set things back to normal. I am not entirely sure how long is normal but right now feels still normal.

Because anytime they want, they can take a break from trading if the market were having a drastic downfall.
As the most common reply earlier, a real trader doesn't need to rest in trading. They continue even if what happen to the market price.
Because in trading there should be a loser and the winner to generate profit, not every time you will win or even every one of us.

Please do not get back to trading for recovering your losses. Instead of trying that, please accept your losses as some fee for the lessons you have learned from your experience or how you passed next-next days after the heavy losses. I mean you must get into trading with new ideas and whole new peaceful mindset which are the real supporting factors for any trader to make profits from any trading markets. Crypto is known for its volatility hence to handle it you must need proper plan which might be possible only when you trade full heartedly.

Trade to make profits which will usually do all your needs and does not need to be a replacement for your previous losses. Hope you are getting my point on the differences between recovering losses and making all new profitable trades. Please take time to analyze these differences and start trading with professional like approach.

If you're a day trader there is really no time to stop trading. You can be trading everyday and making profit. Day traders are not like others, they are always looking for opportunities in the market no matter the situation. Day traders always look for opportunities to make money no matter if the price is going up or down. Unless you're not a good trader you will be bothered when the price is falling.

But there is no time that the market doesn't go up and down, and if you can make profit at this time you might not as well make profit when the market is increasing in price. Without any doubts, this must be the right time to get back into trading to recover previous losses and to make new profits. But, being careful will help at this time like definitely this is not that time for going short but for buying more with the long-term plans.

I agree with the above comment that although having bought in last year would have been better today is still not late to put some cash + brain to work whilst trading. Altcoins have had some highs but the pumping of BTC will see their market prices soar any moment now. So in short, it does seem that today's market conditions are favourable for traders or even long term holders, so entering this space is in fact encouraged!

This is not really accurate, there are in fact bad moments to trade, the most obvious is that you cannot trade and make profits if the market doesn't really move that much, you could use leverage in order to raise your profits but that is a double edged sword that will make your losses that much larger and that is very dangerous in the market of cryptocurrencies because as we know the price can move in one direction or the other in a very fast way, the other moment in which is bad to trade is if you do not have access to shorting and the market is going down in that instance it is better for you to stay away from it to protect your capital.

Crypto trading is a high risk activity, of course we will often experience losses. Don't be traumatized by this. we must be able to find our
mistakes when losing when trading, fix it and rise to be able to succeed in trading. Of course my advice as a fellow trader, do not hesitate
to re-trade. Because if we delay too long to return trading, then that is actually the biggest loss.

Trading has no specific time or season. You can either make profit or have losses. In order words, trading is for the risk takers.

For a long time trading, it requires patience and intelligence, knowing the right project to invest into.

The volatility of the crypto market is often very unpredictable, and in any investment, you need to have a specific strategy because any of your decisions will directly affect profits. In the past, everyone had lost money and had a hard time, but after all, if you are still here, you have a lot of experience from those failures. Now, I no longer worry about trading because I always have a second plan when the market gets worse.

Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading.

The early days of trading are often times when investors lose a lot of money because very few strategies to use or no planning after buying puts traders at risk. Of course, anyone has been in this situation in the past, but if you don't give up and learn from those failures, then you will make a profit. I have stayed in this market for a very long time, but my market knowledge is still very limited.

That depends on what type of trading you're really referring to. If you're into HODL'ing, it's up to you on whether you want to invest now and hold till the bull run kicks off. Now might be a good time if you don't want to be caught up with the FOMO. Although I'm seeing some that are saying investing at $3800 was the right time, lol I don't believe that. The price still has a long way to go and has not reached its peak this time.

As for day traders, there is no time to stop or start. Every time is always a good time to trade cryptocurrency if you're a day trader, as long as you're good in reading the chart and you can make predictions of where the price will be heading to next once you set your eyes on it.

they can indeed trade again at any time, and I think their knowledge if they have returned will be better. it's just that, before trading, you should prepare all the conditions that could occur. we don't know when we will benefit from trading. in fact, the first time I went back to trading, I got a loss. however, anyone can return at any time in trading.

Generally this is our anticipation to return to normal levels which is actually on trading to transact somethings in business I think Sun were gradually lights up from the historical impact of pandemic virus at this season, so we could basically focus again to revert meaning that we are free from the grieve but awareness is advised such as social distancing because viruses are still slowly propagating throughout the  different country .

Trading will be a new job in New Normal, maybe that's what I think, because nowadays people working at home make want to try something new,
one of them is crypto currency trading  :D

We can see there is a boost on the crypto trading volume on different exchanges so this means many people find the trading as an alternative method of earning money while sitting at their home so why not we get into the trading again.Crypto market got affected for many reasons in the past but still people are making profits from it so keep doing trading and learn better strategies to keep yourself in profits.

I think that we are already in the "normal" since 10 thousand dollars for BTC is really a good level to start another big bull market from.

If we talk about the benefits of coming back to trading we should definitely point towards the price action on June 2 and again today. These sudden explosive moves are a great opportunity for a trader who can catch them.

It is really a good time to learn to trade as we more engaging into the internet and home-based work where we are ample of time to monitor our trade but first, we need to examine ourselves if we are capable of doing this or we have enough knowledge about this, and most important thing is to know if we can manage to control our emotions. We can't just jump into trading without having these things because we are not risking our money in order to lose after.

We have to think that trading isn't an easy job, the risk is high and that is why we need to focus on it and should be determined in doing this.

When it comes to trading, there are people who might have made mistakes and then took a break, went for more knowledge before coming back, that is to show there is never a bad time to trade. In my own opinion I would say, first ask yourself why you stopped and if you are going back, what changes are you going back with, this will enable you trade well and you can start virtually anytime you want. Good traders trades all the time because they know what they are after, thus also proving that, there is never a bad time to trade so far one is armed with the right knowledge and skills.

That is how risky in trading you really experience a trauma after a big losses, it is hard to get back. If they really want to make money in trading they should not give up and I guess this is the perfect time to get back because the market is increasing slowly.

A lot of traders had gone back to drawing board to restrategized despite losing a lot of money initially I believed studying the crypto market is very important and working on new strategy that is suitable to crypto trading, acquiring the market knowledge will ensure consistent profit making that is if a trader didn't give up trading by using the simple strategy of buying low and selling high is enough to make some profits.

Yes I also think now is the perfect time to do long-term trading, that's because right now I see Crypto market prices have started to rise, especially Bitcoin. So I think this is the right time to buy Bitcoin and hold it until a year later, I'm sure we will get double profit. And that's what I'm doing right now.

Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.

Just because you are at home and bored, please do not start trading without knowledge at all. You are stuck at home but bitcoin has been online forever, it never became physical so its used to being there but you are not. If you start trading just because you got bored and you want to spend that time by trading bitcoin and seeing how you could fare, you are going to lose money and you will think that bitcoin trading is not a profitable thing at all, hence you will both quit but also tell people around you the same thing.

What you should do instead is learn how to trade from books, videos, classes and so forth and talk with other traders who are veteran at the job. That way you will be ready for trading when you actually good at it and know what you are trading.

The only reason to stop trading is not knowing what to do with bitcoin when it goes down. When the price goes down and you are holding bitcoin, do not sell the ones you have (that would be a loss for you) but keep on buying and decrease the purchasing average that you have. If you have the chance you can short bitcoin as well.

However when it is at the bottom already, just buy as many bitcoin as you can and be patient, when the price drops that much the only direction is up and it doesn't even take that long to recover. So the only reason to stop was not really knowing what to do and aside from that you should have continued trading. If you stopped because you didn't know what to do, the only reason why you should come back would be learning what you should have done and start that, if you still don't know, keep away.

the law of trade is to seek the greatest profit possible,  but because of something it could not have been achieved, even loss. but I agree with you that you cannot give up and keep trying. now is a very good time to do, because it is estimated that in the next few months there will be a very significant increase until next year. don't let your guard down and lose the momentum.

It is like alts season is around the corner. Most of the reputable project has gained above 100% in the past three weeks. Some even surpass 500% in two months interval like ZIL. Let's enjoy the ride why it last

Trading day is often very risky, but certainly if you have the knowledge, you can still choose a good time to make a profit. Some people are suitable for the bear market, and some people are suitable for the rising market, so in general, each trader will have different ways of thinking. Of course, I am not good at trading and only like a long-term investment because investing helps me light my mind compared to the trading day.

Trading stocks the brokerage firm must receive your payment no later than three business days after the trade is executed. In practice the three-day settlement rule is most important to investors who hold stocks in certificate form, and would have to physically produce their shares in the event of a sale.

The market is now gaining traction again like what happened at the end of 2018. If the market flows like this we can really expect to reach that price in Q1 2021. so if I were you I would take it slowly on getting back to trading especially when you are dealing crypto.

I doubt day traders "rarely reach to profit making" because if you a day trader and you do not give up, you learn so much about the trading world that eventually you got to a point where you know when to buy and when to sell because the changes are obvious to you, it is happening right in front of you, and all you need to do is be quick about it.

Sometimes even trading bots could do it, just check other prices on other exchanges and if your exchange is a bit behind buy it right away and wait for it to catch up and sell it. This is of course stuff that are under a minute and it needs to be fast but sometimes takes even longer and you can do it.

For example, I have done it multiple times with my local exchange, it has two level system where first we get bitcoin to dollar than dollar to my fiat and that is why whenever there is arbitrage I took advantage of it. You learn these things over time.

Actually it depends on trader, his trading pattens. Most of alcoins dump without notice. So if you aren't an expart trader, day trading is not for you. If you think, market condition is suitable for you, then you can come back. Otherwise wait for perfect time

Definitely, most coins are volatile, if people can use that dump as an oppurtunity then they can buy them at lower prices then make a profit when the prices are going up, this is not advisable when you want to earn a quick cash because dumps could last for months. The quote above states that you shouldn't do day trading, I think that is a bit not right because if you come prepared to do day trading then you can learn as much as you can even though there are losses, I do think that everyone can trade and success only comes to those who were prepared.

Actually, there is no perfect time for good trading, good traders do trading everyday, they don't care even though the price of the bitcoin is low or high. It's just a matter of luck and skills so you could win in trading, it's good if you do trading because you may earn more, do not lose hope when you lose in trading because that is part of your experience, that is really normal.

If you do trading, do not mind whether this time is good for trading or not because every day is a good time for trading. Just trade every day but also be careful and know your limits.
Indeed, they don't mind whether the graph is red or green they just going to trade whenever they want to do so, that is what good traders are.

It's always a time to trade if you know how to trade! Normal businesses maybe affected strongly by the pandemic, however, the cryptocurrency market isn't affected that much. This market just doesn't work that way. The value of different coins fluctuate constantly and regularly based on their own projects' development. A good trader will ride the wave to jump in and jump out to earn profit based off the fluctuations.

Yes you can always trade everyday whether there's an pandemic or nothing just know your limits. crypto currency market does not affected much by the pandemic.
Don't worry because economy is starting to resume.

In my view, it is something that we should always be ready to do if we are comfortable. I like doing trading a lot and is one of the reasons how I can generate consistent revenue. I feel good with FreshForex broker, as using their low spreads, fast execution of trades and over 130 instruments to pick from. I love the 101% Tradable Deposit Bonus (https://freshforex.com/traders/promotion/tradable-forex-bonus.html) too, which helps a lot.

Here very simple rule apply if you can afford to lost then you can keep trading without any fear and problem because you know how to handle things but just follow your own strategy and never allow others to interference in your matters as this can help you a lot keep eye on market and around activities which also help you a lot.

Yeah, any time we can trade we can get good income at any time from trading. This virus cannot affect the crypto but because people are afraid of it so they avoid all kinds of activists and it made the price down. But we still have a chance to buy some coins to later on trade for the long term. Trading is all about confident so no need to worry about this pandemic just keep trading.

Partial movement doesn't indicates that market is coming back because like what we have now?the prices goes up today but
falls down in an hour or the next day,is this what we you called getting back to trading?
and also If you are skilled traders there are no place for you to stop.

Because those traders are stupid enough to just invest in currency they don't really knew or in market that they have
 no great experiences.
actually Big traders will not go down here just to answer your question,but at least some good traders that making small
 profit can make some comments.

Its a great start for us to renew our trades and make a comeback in trading. I think its a good time to trade since the market is slightly stable right now. A good trader make some money even its a green or red. They find a way to make money and make analysis of their own to create a entry and exit points to gain money.

Every time is good for cryptocurrency trading but that words are not applicable for all traders. However, it too early to know if the market is stable because the market is in manipulation realms and it can pose any momentum. Besides, it believes the thousands of BTC and some altcoin which was accumulated today were shown on whales accumulation was the reason behind this stable market.