Bitcoin 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.

So you are basically mentioning about Technical analysis which being used on short tradings. This might be easy to see from other traders but yet the hardest thing to do when we do make trades. Entering on lower price and selling at peak would be just like a guessing game since not all price movements are correlated or precisely predicted by those indicators which means decision making would really be crucial in this matter.

Yes you do have a point and I understand technical analysis is not the only tool to be used but definitely worth learning right? Plus I really don"t intend to do it as a day trader, to be honest I am trying to capitalize on the next major bull run like what we saw in Dec 2017 and I was thinking learning a bit of TA wouldn't hurt too much. On a day to day basis what you mentioned holds absolutely true, its more of a guessing game and the potential of me left with nothing is very high indeed. :-)

You can get in the bearish market when the altcoins are in the accumulation some for a very long time and you can get out from a bullish market when altcoins make a new ATH (All time hire).

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

To have this ability i think we need in this market for a long time, it's called experience. I try to use Technical Analysis sometime and combine with news, but this market is really unpredictable. Just experiences will help you.

I agree with you. this market is unpredictable. The techniques you will learn, will only increase your chances of earning money. but not too much :)

As you noticed that selling at high point is always good thing because gradually we always have opportunity to buy them again at the low rates. For example the current situation where one could just buy more bitcoin now and thus regain the profits over the time. This is how it works in the crypto currency world. We always have to be very keen about the crypto ups and downs as they do make us good amount of the fortune.

I would always say that buying the crypto at low and selling at high and again repeating the procedure can bring the wealth that we always wanted.  ;)

When it comes to learning, for finding your way to the forum, you have made a great progress the next is to discern what to read and when to act. The market is one place that humbles the wise that when it seems all is going on fine according to your plan, you are taken aback overnight. The best time to enter the market is when things are down like we have now while the time to exit is when you have made decent profit rather than maximum profit which a lot people always wait for only to be caught up in another round of volatility of the market.

I'm still learning in crypto trade, I can only suggest that you really need a source of information, because good or bad news is very effective in moving the value of a cryptocurrency, a simple example when there is a coin into a large exchanger automatic volume will increase and the value will rise, or if there is any news about crypto that cooperate with famous person.

Yes and in my opinion, we need to sell when we fell it is enough to set a target from the start buying. Then forget about it after you sold all of them.

If you are looking for that, you can know or see a coin's ATH (All Time High) in cmc (Cryptocurrency Market Capitalization). You check on the history when you scroll down. https://coinmarketcap.com

If you let yourself to be greedy then most likely you would really be caught on another round of volatility of the market which would result on having an another waiting period or duration for you to make such actions.
Getting out and Getting in would always been a challenge but if you are a kind of trader which do have faced many kind of situation then you might able to figure it out by yourself but this would really requires time.

well so far the market is very volatile, i try to take advantage of down / up the price but it's a bit difficult, not as imagined, so if you ask for advice on others, i think it is not very helpful as you have to do it yourself.
now the market is down, will you try to come in?

It is by your own hands and midsetting because we have different options and choices when we will in to get in or get out. The only thing i can advise to you is to perform trading and find your mistakes then, adjusting to it by not using so much emotions.

this strategy will only work if what you are investing in has real potential of rising up. for example bitcoin has that because it has real world usages and that means its adoption will grow and with it the price will rise in long term. so it is a reasonable investment.

but when it comes to altcoins and tokens specifically things aren't as good any more. they don't have any real potential and it is all speculation about when they are going to be pumped. that means they are best for short term speculation and trading not for investment and holding.

Buy Altcoins tokens when Bearish or Red market.
Selling Altcoins tokens when Bullish or markets are green.

because if you buy a token when it's green then when the token falls red you will be surprised.

The bears and bulls are really great players of this market, basically they are players for stocks, forex and every dam thing that we trade. They represent the situation of market, where bear means market aint doing great and there is no much liquid capital flowing into the market and on the other hand there is bull market where the market is healthy and huge money is driving into it. This tells us that bear should be taken as positive approach toward investing BUT not selling your money. And bull should be taken as exit period and not the entry period. Simple!

You might be looking for an A/D indicator (accumulation/distribution) that is quite precisely described at Investopedia (https://www.investopedia.com/terms/a/accumulationdistribution.asp). I would recommend you to start with one or two indicators at most. Go through the A/D, then try to read something around MACD and RSI. These are proven by time and very robust.

Choosing the right strategy is the basis for Bitcoin trading, because the price of Bitcoin can change every day, this daily trading aims to find a quick profit from the movement of Bitcoin prices in the short term, so you should pay attention to support, resistance and moving averages to make sales or purchase.

It's a great question and I think that everybody would like to know the answer on that but unfortunately were not God's so we are not knowing that Perfect Moment to go in and out from the market.

Any book by a trader is good enough, just make sure to actually read it and understand what the author is talking about, but take it easy, the current conditions of the market are very difficult in fact if you are not losing money you should consider yourself lucky because most people are, personally I think long term holding is the best choice for most people that do not have the patience to become traders since many just become traders because they are seduced by the potential profits not understanding that most likely they will hand their money to experimented traders.

At a time when the market is volatile today, trading is a viable option because investors can quickly recapture capital to secure their assets. If you are a good trader please trade day, otherwise if you are not good trade then you should hold your property and wait for the new market information to be able to determine the next trend.

Really, this can be as simple or as complex as you make it because its only you that can determine when you made enough losses or profit to either sell or buy.

According to statistics, long-term traders always win, but if you still want to trade in crypto currency, then first learn how to trade in the usual financial market.

You are saying the truth there have been made several studies showing the benefits of holding over the long term in all kind of markets and a long term holder even in the worst market conditions known to man can at least break even and in most cases make a fortune like what many bitcoin holders experimented, but for some reason, probably greed, people want more than that and that is why they trade not understanding the chances they make money are lower than 20%.

Is hard to predict when bullish and bearish will change so when we made some profit we should be not greedy and lock some profit in to fiat. One thing that i can learnt from crypto is never be greedy because this emotion will make loss alot of money. Make sure we can make profit more than first initial first and withdraw of all them to fiat and then start again in to crypto trading with smaller amount.

The distinction in between a bull and bear market is something that every successful investor understands. When the marketplace moves downwards for a period of time the marketplace is described as a bear market. Upward moving markets are bull markets. It is stated to be bullish if a particular stock is doing well. , if it is losing value it is bearish.. Naturally, there are more to bull and bear markets than that, as you will quickly find.

BUY NOW AND KEEP! Crypto currency has become so firmly in our lives that without it there is no future. But only a few understand the prospects for its development and implementation in modern technologies, focusing on banal short-term speculation of the "buy-sell" type.

One important lesson to learn as far as cryptocurrency goes is that,  you can not time the market no matter how skillful you in reading chart and graphs, you can only control your trading and investment entry and exit!

It is definitely not an easy task to tackle or trade with an asset which is known as the most volatile currency of the world. To be very honest, bitcoin can only be understood properly if a person spends almost half a year and learn all the price changes. It is vital for trading successfully in this asset. Without patience, persistency and hard work, bitcoin trading is harsh.

True, many are treating bitcoin and other cryptocurrencies as nothing but as a way to speculate with their money but many of them are not understanding how revolutionary this technology is going to be, I really believe that having a single bitcoin in the next decades can be enough to change your life so it is very important to accumulate all the bitcoin you can before it becomes so expensive that you can buy houses with a single bitcoin.

It's always tuff to say and do because the more your portfolio grows in value the more you're willing to hold to make even more profit. I guess you should plan your strategies and always follow them no matter what happens.

Of course you can't time it correctly you just read the charts and graph. The charts and graphs only speaks of the past. You should keep your self aware of the current events too. These events have a huge influence on the market. Events can trigger the price to go down (an exchange hack) or go up (lets say ETF approval). Also "expectations" can also lead the price to go above or fall.

Sell high  :D You would sell high at $200 in the past, and today at $18.000 and in the future at $x, hodling is simply hodling, I think there is no get in or get out  :)

You can learn how to trade with cryptocurrency in YouTube channels.The check and find out the potential coin in the cryptocurrency market.You can start trading with minimum of 10$.From my knowledge,10$ is not a huge amount . Suppose you had lost that invested 10$ in trading.It won't affect your financial problems a lot.You can learn trading with 10$ as a investment.

Analyzing the market is quite tough nowadays, but you will get ways, ideas on how and when to trade. And also keep in mind don't believe completely in what being said online, either be it an expert or anybody who looks trustable. The basic is to first learn, how to trade and then use your analytical skills. The skill is completely upon an individual.

When to get in, select a coin or token hat is in Red with very low volume. Never select the ones that are already green because theres a very low  chance that it will continue to go up and maintain its status. Always set a target and target should be possible, an 80% profits as a target is kinda not achievable, so lower it down to a level that you can earn profits fast and move to another cion or token.

When the price of crypto going up to 5 to 10 from the bottom that mean the price overbought and will be turn in to bearish,  avoid greedy and FOMO because this emotional only make big loss. When we made big profit as soon as possible withdraw and lock the profit to the fiat. All crypto going up and down by the same times so the profit from crypto we should put in others asset.

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!

First of all you should know that mostly altcoins are just pumped and dumped.Before buying any coin,i would advise you to check its price history by analysing the one day,one week and of course one month chart so that you could get a clear idea about that coin.Don't ever buy a coin just on seeing its price increasing fastly as it could be getting pumped.Since you are a newbie,i advice you to stick to older coins are their prices are little bit stable than newer coins.

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.

Bear market is showing coin is constantly falling on the Bitcoin market. At this point, the psychology of fear and pessimism of investors spread the market and they will sell off all coins. The downward spiral of price is stronger. And they will buy to wait for whales.
When we deal with electronic money need a bear market. They represent the market situation, where the market means the market is functioning well and there is more capital flowing into the market and on the other hand a growth market where the market is healthy and money is pushing into the market.

This is a big problem for many traders, they want to sell at the very top of the market and there are very few people able to do that and most of them are just lucky, it is impossible to predict what is going to be the maximum price of bitcoin but that doesn't matter as long as you sell when the market is going up and we are in the middle of a bull market you will still obtain great profits, it's not important if for example you sold at 15000 when you should have sold at 19000 in the last bull market, you still obtained profits and that is what matters.

Agree making a strategy is a golden option for every trader and a person who will hold cryptocurrency.

Making strategies will help you but still in thise strategy we will go down on the 1st try. So knowing how to handle it a a good option as well and not making any bad decisions in the end that you will regret.

PS: Know a way, strategy but know how you will take failure.




Few trader? As I know trader who are into trading has an option where they know "buy low sell it high" then make this happen by loking a the crypto on the time of the situation or rather everytime when they schedule when or when they want to.

Gulden (NLG) is great coin to buy now because now it's only for 420 sat in Bittrex, last ATH in this year in Januar was over 2800 sat (700% more !)

https://bittrex.com/Market/Index?MarketName=BTC-NLG
https://coinmarketcap.com/currencies/gulden/#charts

In 2 days it will be 550-600 sat, so this coin will give easy 30-40 % in 2 days

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.

Just know how to monitor trends and you will be fine. That is the essence of technical analysis most times and it is not like you have to draw up so many lines on the chart before it will be effective. There are lots of trend indicators you can make use of, utilize them to see price actions on certain supports and resistance, then see the possibilities of trend changing in most cases.

Always remember that it is a market and things can change as well as fake signals coming up which means you cannot always be 100% right and that is why you will always need your stop loss based on your strategy. MA and Ichimoku cloud coupled with any momentum indicator can suffice such as Stoch RSI so you can at least monitor overbought and oversold zones as well.

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.

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. ::)

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.

I think the wisest decision would be when the price of something goes up you could use trailing stop, which means you can put up 5% increases incrementally and whenever it goes down back to the 5% level you sell it. (For more clarity on this, please google for how to trade with trailing stop-loss strategies, there would be lots of articles to guide you better toward making you a master on it.)

For example, you buy something at 100 and it went up to 107, if it goes up to 110 you reset the sell price to 110, when its 113 you wait, if it goes down to 110 you sell if it goes up to 115 you reset back to 115 and you keep doing this with each 5% price of it. That way you can both keep going up with the price during bull and never fear the bear because max you could ever lose is 5% with this.

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.

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.

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.

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 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.

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.

I would not even advise anyone who wants to trade to go ahead after asking such a question as that shows how ignorant he is when it comes to trading and will have a lot to learn before he should even start considering trading at all. It is bad to see how people think trading is just a piece of cake they can just hop into but there is a lot to it.

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.

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. ;)

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.

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 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.

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.

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.

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 front

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

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

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.

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 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.

It depends upon different market conditions that will enable you to go towards a proper direction but you have to be aware of everything that will help you choose the right direction. Currently, the market is in its bear stage as we know that downfall in price has occurred many times and now we are still in low market as it is stable here from a long time so I think it is the real time to enter into the market and should wait for bull market after investing here.

This is the right to get in because the prices are low and you can make good profit in the future if you concentrate on your trade. There is no time to quit. You can quit anytime you want, but I want to tell that cryptocurrency world is not for quitting because it is the future and you can’t quit your future, otherwise you will do nothing for your future and for family as well.

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.

In my opinion this is the best time to in because the prices of almost every coin are quite reasonable for new investors. They can make big profits in the future if they hold their coins for some more time. The bearish situation is gradually coming to an end and good days will start soon. don’t be panic about the current bearish situation of the market and don’t get out of the market.

As long as you have the resources to learn, either books or whatever, it is still all part of learning and it is not a must for you to make use of YouTube videos before you can start learning at all.

The 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.

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.

at the moment, I can not say that the market is ready to enter, because we are on the ETF acceptance

what if the experience is still low? of course the solution from someone else is needed, of course he doesn't need to take 100% of that solution, just for his reference. btw I think you should look at the market first, before making a decision to get in and get out, because the market gives a lot of signals for price changes. starting from volume, marketcaps, etc., so you will know what you have to do

A good and successful trader never leaves the market due to bearish conditions. He is able to survive in such conditions. This is the right time for entry in the market and makes an investment. be patient and cool and try to catch the chance of getting some profit from your holdings in this tough conditions. Don’t be afraid of the situation and don’t lose courage.

i dont rely on TA, rather check the market from time to time to see the general trend.

In my opinion when you realize that cryptocurrency is the future currency and is important to have some not only for making money but for general use and also understand the benefits of it, you should enter into crypto because for survival it is necessary to adopt the new technology and stand shoulder to shoulder with the world for success.

If the market is already recovers I think theres a way to get out from bull markets and few investors and traders now already buying some coins now.

They are all technical as far as I am concerned. Either you are checking trend reversals with candlestick patterns or indicators, or you are making use of indicators, or whatever, as long as you are trying to check the trends and work with it in your favor, you are still analyzing the market.

You do not need to start drawing series of line from one end to the other, before you consider yourself doing technical analysis and in fact these days, people have gotten to rubbish the idea of technical analysis as they just plot whatever they wish to want to plot on the chart. What is important the most is to have a strategy and be able to stick with it in entering a bull market or getting out of a bearish market?

The bear market has been going on for nearly a year, although I very much hope that the bull market will come, but I also think that we have many buying opportunities in the bear market, because most of the encryption is very cheap!

There are no as such rules in the crypto trading but when it comes to the bull and bear then people do get very obnoxious about the whole situation and the money that they have invested in it.
I have simple tricks on my mind. Whenever I am putting my money in the crypto trades then I keep my Break Even Point at multiple points by buying three to four times at different prices. As soon as these points are covered by the bull then I keep getting some profit and thus securing my invested money. Now you use bear to enter the market and in the same way, bull can give back more. You dont have to worry about it, you have to make opportunity out of it.

absolutely right because with the decline in the market it becomes our opportunity to get a big profit even though we have to wait until the price of the coin rises, so it comes out and goes in when the market goes down and rises

Well, it depends on how you want to look at what you are saying. Saying a good trader never leaves a bear market to me is not right because a good trader can decide to do any style of trading from day trade to long term and still be making a lot of profit and in fact big time institutions do not even care about day trading as the case may be, and they are into the long term thing.

Knowing when to get out of a market depends on your level of knowledge, experience and style you are trading which most of the time, except for day traders, or short term traders, you really do not have a business with a bear market except you are shorting in a margin trading platform.

As a trader, this would be the hardest part on when to know the best part to get in and get out into the market but there would always my rule when dealing with the market. Sell out when others are greedy and Buy when most people are afraid.This line always put up on my mind on how to deal with volatile market it might not be effective but just simply doing these things will really give you out some results that you do least expect.

Start with book by Bill Trade Williams, "Trading Chaos". It will help you understand how the market works. I think that the general idea of the market is more primary than technical and fundamental analysis of assets.

I thought everybody guesses that the best period to buy the cryptocurrency is the time when the market is bleeding. I managed to invest in crypto in January and February.

Basically you need to get out in the start of bear market and get in at the start of bull market but it is hard to know when the bull and bear run will start until it is happening so most of the traders uses some sort of strategies like TA to find out the analysis of when to buy the coins and when to sell the coins but these are helpful for the long term traders not for day traders.

I think I learned this principle through experienced and I don't think that it is good to place any trade without adequate knowledge and understanding of your exist point either in bearish or bullish trend and directions.  For example I just watched a trade this afternoon when pin bar was developed in of the coins I was monitoring and I post in a group that FUD has been created and that bull run will commence when graft hit 250satoshi and that is exactly what play out.  I learned through experience in following TA.

The only thing that i know to get out in bear/bull market is to quit in trading and stock your funds in USD to avoid lossing. Take a relax for your self to get out in a bear/bull market.

Well i do agree with your concept of holding when the price is expected to rise but there are numerous factors affecting the market right and you just cannot make a particular factor the reason for the rise in the price.

To be honest, what i believe is that one should either hold for a very long term because that talks about the time when the technology would be wide spread and costly. If not, then setting target and cashing the coins upon achieving those targets is the right way to stay safe in the market.

I know it's quite tough to judge that when to enter a bull run and when to exit at the right time. A single mistake can decrease all your gains.
I have been facing this issue and that is when I decided to  limit my profits and dedicate a % of amount for the profits.

If i were to decide about these market season, id rather stay in the bearish market and keep on holding on my crypto holdings. I only get out when the bull market is on because that's the best time to sell my cryptos at a better price too.

People are always thinking in a negative way, that market will not recover. We should always patiently until the market starts recovering which will help us to make some decent money, now it is a very good time to buy the coin in the market because still, they are very cheap.

Investing in January and February would not have been bad. The price had been down those days. DO you still hold the coins? We had had a rising period in July when there had been a rise of more than $2000 in the market value of Bitcoin and suppose you had owned multi coins, you would have earned appreciably in the trade. Even now, the market is bleeding and this should be taken as opportunity to own big. The recession lasts longer but upon the recovery imparts big weights as well.

If its bearish market and you are new and not familiar on the price movement then don't try trading yet unless you are equipped with knowledge on when to enter and exit. You are playing with real money even if you say that its your spare cash its still money. If its a bull market, try using tools like Bolinger Bands, Parabolic SAR and RSI. You can easily search in the internet how to use those 3.

it is very difficult to be able to predict bears or bull markets, it's just that usually when bear market occurs there must be bad news and when there is a bull market there is good news, until now I still believe in the method.

That is usually the thing with a whole lot of people as their mind is centered on the short term and never in the long term and as long as you have been able to get your mind occupied with things going on now, the ability to set a goal for the long term will always be hard. Getting out or in of a bear or bull market all have to do with the understanding of the market over all, and your own knowledge about how to trade the market trends, which will not come in anyone's sleep or dream, but each individual will always have to take the pain of learning at all means to get it right.

Well Technical Analysis doesnt work everytime as this is just like speculative idea..but if you are a true fanatic of cryptocurrency and believe in this future.ythen you dont have to doubt about today because what we need is tomorrow,the future cryptocurrency might brings to us.

I'm curious to know what criteria you use for a decision like this?

Yes, as long as you do not have the knowledge to pull it through, staying in the bearish market and not getting to care about some of the things going on in the short term and looking at the future is what is more important. The best thing to do is to always take advantage of buying the low markets and then looking to sell the bullish rallies as people keep getting greedy and you cannot actually be getting it better as long as you do not get greedy along the line. A lot of people do the opposite, which is the reason why they even find it hard to cope in any part of the market to their advantage at all.

Just look out for the patterns to guide you, and that is all. Pattern is not something you can easily identify if you actually do not have the best of knowledge to guide you into knowing what you should be doing and the decisions you should be making at every point in time. Getting in or out of a bull or bear market requires being able to spot the trend changes, and if you cannot easily do that without having to add emotions, it would be pretty hard for you to even understand what you should be doing at all to take advantage of the market.

There should be technical analysis that will tell you when to get in and out of the market. If you have no good trading decisions price in place it is going to affect you. In trading you can only remain successful if you buy at the right price and sell at the same right price. Many investors do not no this and that is why they are losing money. I used pin bar to know when to invest and when to get out of the trade.

   Exactly, why do we have to bother on when do bearishness end and bullish run appear. In fact, we have to focus from the current situation in the market field, as we believe the capacity of market cap to surpass this kind of high volatility. Well market volatility usually drown in the crypto world, so we must be aware in this kind of situation and take advantage on dealing with the circumstances.

If you want to buy Bitcoin then buy it now that the price is low and even stable. You will continue to ask question without buying anything until it’s late and you will miss the bull. So stop asking questions and start taking actions at the right moment which is now. Do not listen to those that are telling you not to buy, they are fond of deceiving others and making buy at the wrong time.

The experience of real traders pointing towards a perfect strategy that is to buy coins in low market on low price that is to use small amount, possible only if market is down. This indicates that you have a great benefit of low market in order to save money as well as to get it in large quantity. On the other hand, you will be able enough to have a great time in bull market, which is to sell for huge profit.

When you were investing at first didn’t anyone tell you that there is what we call a bear market? This is a volatile asset and it doesn’t just continue to go up there are times the price will fall. And you said you planned to withdraw whenever you’re in need of money and to me, that is not a good plan. You make plans based on short term or long term investment depending on which one you think will work out for you.

It would be better if you put in more thought into what you post. A single good or bad news may not move the market. Its depends on the weightage of the news. For example a new of a new exchange opening up which allows some unique modes of trading crypto will definitely start moving the price upwards. Again the news of an exchange getting hacked with makes the prices plummet.

Fact is all these news dont effect the market in the same degree. Like I said, weightage of the news is also important. Again if multiple news are published around the same time they may have a cumulative effect on market.

You can follow the signal, when there are many negative news circulating such as a ban, and a massive marketcap drop, and the price weakens, maybe we will face bearish and if the price starts showing more frequent green, maybe its signal that bullish will happen soon, and don't forgot to buy

Sometimes those technical analysis don’t work, but it is still good to have them though cause they can help you make some good decisions at times. I used to make use of technical analysis, joined a group that was doing that, but this time around I don’t have to make use of such groups, I have learnt to make decisions on my own and it has been working out for me.

You don't need to hold for long term, if you already on profits, go cash out, go withdraw it from exchanges it and try to convert it to cash, try to taste your profits. Never ever get FOMO, specially when there are some news popping out everywhere, most of them are FUD or some are fake news.

As a trader, the ball is always in your court as you have to realize that you are going to be making a whole lot of decisions over and over again, which we all know that trying to make decisions is not something you will find easy if you do not have the basic knowledge to be able to make the right ones, which is why for a lot of traders, emotion tend to kick in sometimes, while trying to find how to make amends based on ignorance all over again.

Your strategy is what would help you most of the time when you are approaching the market and without it, you are just going to be gambling in that case, and ignorance should never be an excuse for anyone.

I think the risks are quite clear, once risking a lot of your time, and effort, and on the other hand, making wrong decisions can be easily done, even if someone is doing everything perfectly. But there are a lot of source in the internet to learn trading, to make your chances better.

when you want to know a bear or bull market you might be able to see from some trading chart analysis that you are doing, the current condition is still in a bear market, a bull market will probably happen at the end of the year.

Its not as simple as you put it. You are getting the news at a time the news has already been bought/sold. Then you are not going to get any profit out of it. People who are day trading are doing it by somewhat technical analysis and some by manipulating or pure speculating. Of course when we receive some news which might move the market we can place orders as per our need but the immediate wrath of the news is felt/enjoyed only by those who are zombie like day traders.

Stop making generic bullshit posts to increase your post count. Get a life outside signature spamming.

It is always more like trend analysis, or practically based on your own strategy. Whether we like it or not, the market always have a way of responding to certain zones, and when you consider some of the price actions in this zone, depending on the time frame you are on, as a trader, you will be able to make some quality decision out of it.

However, I won't say it is an easy thing as this requires great deal of knowledge and practice over time, which if you skip, I will be lying to you if I say you will find it easy. Getting in and out of a market should be based on your strategy which you cannot have without knowledge and which you cannot be able to utilize well without practice.

This is a common question and I find that this depends entirely on the individual when they're happy or forced to sell out to counteract further losses. As for buying, is best when the markets are somewhat stable like it has been for the last couple of months what's harder to decide is which coin to buy  :-\

You think some people got to ask themselves what they were about to get into? Let alone get to ask questions about a market in the first place and how it should be traded.

It is all about seeking for information on what you want to do as this is what makes you stand out in your decision making, but the truth is that a lot of people do not get to have this sorted out within them as all they were after is a way to get rich quick, rush things when it comes to trading and getting to make some pretty huge bucks than they can imagine overnight. I wish things get to happen this way, but in reality, if you are ignorant, you will always never be able to make any decision that is right at all.

I suggest to keep on learning new strategies in trading as time passes by.I believe it really matters on how long you've been into trading because it will really help you develop good strategies that will make you identify when to get in and get out in a bear or bull market.

There is no  many traders that can get in and out of trade accurately making profit!  However,  if you employ good strategy couple with in depth analysis of chart and trend,  you should be able to make an educated guess and win most of the time!

The main point is no one get in correct low and correct High, It is your decision when to buy and when to sell, like i dont go for high profit margin i daily trade or like 2 to 5% of profit, i just close the position within this limit. So it is not problem for me and in long term ROI i am having a good profit. Even if market move very high or very low , it wont effect me as i trade in split and if my buy price is high and market goes down more then i buy my next slot, like this my buying price gets averaged and when the market pulls back i get profit soon.

Trading in the market is to first analyse it how is it reacting and trade according to it. Then only you will be in profit.

You cannot just because you are beginning to see some small greens, just assume that the market is set for a bullish run. Things do not happen that way and it is all about how you are actually able to know what you are doing on your own when it comes to the market situations and what you are looking at based on your strategy.

That part is what a lot of people do not get to always seek the knowledge to be able to make those decisions which is one of the reasons we said, it is either you get to understand what to do in a market or just hold for the long term.

In my opinion this current situation of market is near with bull market, i have prediction bull market will started in the december next month. When the price of all crypto dumped to 80% to 90% that mean the price oversold and and its good times to wait bull market. And when some crypto already going up to 10 -50 times that mean the price has possibility will change to bearish market.

Always take profits, because the market is too risky, we all know that crypto is very volatile, you should know how to take profits or how to stop when you always have loss on trading or some crypto things like investing in some ICO. Take profits is really the solution of the bear/bull markets problems.

you mean  selling your coins at  loss and then stopping ?  but if you stop how can you possibly earn huge income in the future ?   instead of selling at loss , why cant you just leave them on your wallet for a while and you'd better divert your mind onto some busy activities outside the cryptocurrency scene so that you wouldnt get tempted to touch them .  that is actually what im doing right now , i dont look for the charts/prices so that i wont feel stressed but i only continue my sideline task here in the forum .

Actually, you need to diversify your methods in terms of doing the actual trade in the platform mate. when you do bearish you supposed to have a well verse in this matter anyway, or if you want the safest methods perhaps bullish is the best tools for this, due to its less risky anyway and very far to loss our capital too.

I agreed with what you said and even the knowledgeable crypto traders still make mistake because the actual time of making decision of getting into the market is the hardest part because the whole profit/loss depend on it. Meanwhile, this is why I sometime consider crypto trading as gambling and no strategy were always accurate.

 As per my experience what i have learned in trading, it is very difficult to gain profit in the bear market, but you can still gain some profit for that you have to spend a lot of time in front of your computer, when the price of any coin comes down 10 or 15 percent buy that and when the price stabilizes you can sell it. In this way to can gain 10% profit.

Yes, there is no point making any predictions at all, as all we can just do at the moment now is to just see what the trend will bring. I really do not have much doubt myself that this market would actually get to bring some good trend upward before the end of the year, but that is something we will just have to wait and see how that would be panning out, which in this case, as long as the market keeps moving sideways, there is absolutely nothing guaranteed yet.

Trading a market and understanding trends is always a challenge even for pro traders. While playing with it, must have a strategy and know what you are doing, as this is how you will be able to identify a bear or bull market when it is beginning its trend and then know how to make decisions based on that.

In bear market the limit sell and buy is the key to gain profits while in bull market simply holding can be the easy way to pick up some profits.

Behave like how the minority would.

The 5% club, understand the activity of big Wall Street investment banks and hedge funds. They are aware of how markets move and don’t listen to news or tips from gurus for guidance.

The 5% club can compete with the big players because they have built something beautiful from a box of scraps. They’ve worked hard to understand the market, and they’ve used their imagination to create tools, that, while not being as sophisticated as the big banks and funds, get the job done.

I learnt it here - https://www.altcoinsidekick.com/blog/ignitus

It is always better to hold your cryptocurrencies when you see the bearish trend. However, if you "catch" the moment of its start, you can earn really good money. When bull run is on its peak, sell the alts.

Stop blabbering about always. Its not possible to take profits "always". Do you even tried your hand at trading for you are making such comments? Just think of the bear market when the majority of coins are at -90% and people are hodling for future. How do you expect them to make profit from that?

Every speculative market carries risk. Be it stocks, metals, crypto whatever.

The month of October didnot show much volatility at all. November is showing green now after a long time.

It is not. You literally have no idea about trading and are posting to increase your post count. ::)

Profit is something you make based on the plan you actually have which in this case, there is actually no guarantee when it comes to making profit on a trade which is why the idea of risk management is something that every trader must always have when it comes to trading the market for profit.

What is important when it comes to getting into a bull market or out of a bear market, will be dependent on your strategy which in most cases, will still have a lot to do with the market you are trading, whether it is a spot market or a margin market?