Bitcoin Forum

As we may have known, bull market is a market that is on the rise and where the conditions of the economy are generally favorable. A bear market exists in an economy that is receding and where most stocks are declining in value (https://www.investopedia.com/insights/digging-deeper-bull-and-bear-markets/)
I was learning how to trade the forex market back in 2019 while I used a broker called IQ option to practice in the demo section, after 2 months I felt I have learnt enough so I decided to put-in real money, so I invested $150 and after two weeks time I earned about $400. Later in 3 weeks time I lost all my earnings including my capital. I tried a different broker called Binary trade, funded the account with $200 and within a month and 2 weeks, I made about $1300, opted out because of series of losses and i starting a business.
later around last year (2021) I studied the future trading option on the binance exchange, and around November during the Bull" market, I was enter  future trading on the binance exchange with BTC/USDT. I invested $1000 and I was able to make $2800, some might say it was a little profit 😹 but what matters was that there was $1800 profit added onto my capital. (I took advantage over the bull market).
  this year (2022) in the month of May,  I invested $500 on Binance future trading and traded Luna/usdt and could make $1400. I took advantage of the market volatility.
crypto future trading enables traders take advantage over bear or bull market and they could be earning profits (either big or small).
 apart from the volatility of Bitcoin and Ethereum, there more Altcoins to trade on binance future that can yield profit.

Things to Note:
  1. Always apply your stop loss and take profit option
 2. Do not trade with emotions
 3. Have a good source for signal or information about the crypto your trading.
 4. It good to know that your asset can be liquidated when the leverage is high resulting to total loss of funds.

 When trading futures assets, one must be prepared to encounter losses as well as profit but it's advice to stay clear if you can't manage your risk.

You should have also emphasized on the ugly side of trading too. When a newbie reads you story, they might think trading is as easy as A, B, C and D. You may have made those attractive looking profits but through hurdles of losses

So much as we should take advantage of volatility, we should also have it in mind that it can take advantage us and blow away our accounts if proper risk management is not done.

I never personally liked futures trading since I consider it riskier than regular trading specially in a very unpredictable market called cryptocurrency market where you can see pump and dumps at any moment with any size. Which is why I prefer regular trading; a pump is risky too but it can give you more profit than futures with less risk and it is easier to get in an out of it while the pump is taking place.

1 & 2 are a regular MUST for those who want to be profitable traders. Sometimes we want to argue the significance of SL and think it's not that necessary because we're scared of encountering losses. Only if we knew that loss is a part of the game. Without loss, every Tom Dick and Harry will call themselves traders. So, SL helps separate the boys from the men. No matter how clever anyone wants to think of themselves, they shouldn't neglect SL. It gives rest of mind, knowing your loss won't surpass where you want it if things went wrong.

Take note that you don't even need to use leverage to short downtrends. Sure, without leverage potential profit are a lot less, but you're going to get liquidated A LOT less — which is such a significant thing because you could be right about a general trend but get liquidated anyway due to bad entry.

What source are those that you think about if not for the community or with telegram which are still not honestly given because the developers may be out to just pump for no reason that you don't understand what is moving the coins, taking note that the crypto market is not regulated.


This is just as forex trading like you experienced too reading your post. Futures and forex trading are having same features.

I like it the way he is always in the positive balance all the time and going upwards only. Lately such traders are not found or could have been best strategy of yours.

If I am trading in compounding manner then I would either be loosing my money on some trades or I’m rolling back to the BEP of previous investment. It’s so hard to achieve consistent upward trend these days and in the bearish market it’s even harder.

All I am doing is stopping all the trades and just hodling.

OP, very easy to say it, and to have a presumption that you can do it, than actually doing it while trading a truly volatile market such as that of cryptocurrencies. PLUS the volatility that you're "taking advantage", and trading is actually caused by? They are caused by the emotions of the other traders in the market who are also trying to take advantage of the volatiltiy and who are trading against you. 8)

Another note to add is "chasing losses" this is one of many common mistakes of traders, this also has a connection with emotions because they are thinking that they can make those losses in just one trade or overnight. This act must be handled properly because capital preservation is a must, it's better not to trade than to chase losses because there are still a lot of opportunities for the next trade.

^ Or it could be, don't be greedy.
All of this must stop-lose when you are in trading. So that you will minimize your losses while there is a bear market.
It is tougher to predict and guess the market, yet you can make money on a volatile market but it does not guarantee that you will always consistently gain profit on it. Another factor could depend on your mood, if you are not in the mood don't push yourself in trading, you will not focus on it, it will always have a barrier when making a good decision.

You have a good experience in future trading, but still the risk is there especially if you are still not familiar with it. It's good to have your specific capital for futures that only means to me that you are a responsible trader. Well in number 3, what do you mean good source of Signal? because personally I don't suggest any signal group and it's better if you do your own analysis and find that signal on your own. Trading is not easy, it will take a lot of time before you become good on that and honestly not all those who started trading become successful here, simply because they are still lack of discipline.

Caused by emotions, which, there are many of you in the millions of participants in the market who might be "chasing losses", making the market more volatile and therefore more profitable for the top 10% of traders who are taking advantage of it.


The problem, is "HOW" if you have a trade open? The solution might be, I have not tried it, I stopped active daily/swing trading before I had the chance, is make a trading system that makes you know before hand, when to buy and how much to buy, and when to close the trade, and pre-program it in your exchange's trading site through the use of the different types of orders.

 
If you had taken time to do a breakdown of how much losses you encountered while trading futures it would have been so helpful to traders who might want to consider trading futures. You only spent time dwelling on the happy trades you had and one who don't really know the risk involved in future trading might feel it's just a bed full of colorful roses

There is a lot of excitement about cryptocurrency technology, but it's not yet widespread enough for it to have a major impact on the mainstream. , it could also lead to negative associations if people end up losing money when bubbles burst, or if they are scammed by shills .

Doing trading on the actual exchange platform is not easy to do, it just looks easy but when you do it it's hard. It's not physically difficult, but it's mentally exhausting while reading the graph on the exchange chart.

Because if you don't have an idea of understanding how to read the actual trading chart, you will depend on the combination of selling and buying, and you don't know when is the right time to buy and sell the token or coins you hold.

That's why it's good to trade without depending on luck or just in case.

IMO when bear market I mostly take advantage to buy every dip since it's not easy to trade on bear market because it's high chance you will lose and how good are your emotion to control that.

When bull market I take advantage to trading especially shitcoins lol, it's easier to wait the shitcoins pump and you could multiply your capital in short time. But you need to know to all coins you bought the price will increase when Bitcoin increase, so there's a risk too.

There's always been a risk and this thing should be kept on mind so that you wont really be getting that too confident towards your trades.Honestly it would really be varying whether you do get involved
on short or holding which these bear or bull market whether it would be significant for you or not because we know that if you are a holder then you wouldnt care about volatility since you could just
simply accumulate and wait up and wont be bothered on what price you had entered unlike when you do make out short trades then it would definitely be important on dealing up
with volatility carefully since this would be able to determined on what steps or actions you should make out.

There's always two sides of the story, and as a reader you should be able to distinguish the positive and negative sides. When you trade, its not always profits but also you have to be more open for inevitable losses. Otherwise, you will fall believing that trading is good and suitable for everyone since everyone can make easy profits even without skills and strategies developed.

We are hitting the mainstream already, many talked about cryptocurrency and the adoption started already. The only problem here is that, the misconception with cryptocurrency because many believes that they can easily become rich with cryptocurrency when in reality they still need to learn more. Trading is very risky, there’s no safe market for trading and we all know the volatility with cryptocurrency is very high, we should start making good strategy that can fit into this market, don’t just trade plain.

the ideas you provided are really excellent but i do not believe that future trading is a good pick because of all the inherent risks. Victory in trading is greater based on the users functionality, if a person can endure his loss well so he can also achieve good results. Success come with time, a single loss in short time does not suggest our defeat. If you trade prudently, a market slump may be positive for you.

Simply, crypto volatility do not just bring about profits but definitely inevitable losses as well. And mostly, if you are a beginner trader, and you don’t have the skills and good strategies to use, expect that you will encounter losses at first but this is just normal. However, if we always seize every opportunity that this crypto volatility brings, then this will also be a source of large profits in the end as long as we chose to be more patient and persistent in everything that we do.

1. Stop loss would be only good if you do make out some scalping but if you are going for long term accumulation or hold then it wont be necessary.
2. Emotion is a powerful thing that could boggle up your mind and distract you if you dont know on how to control.
3. Having some source? Dont rely that much..Nothing beats out if you do rely on your own analysis.
4. 10x leverage or 20x would be enough and dont go further with those numbers

If you do know on what you are doing then its fine but dont end up on having that gambler like mind.

The best thing to do when the market is very unstable is just to keep on hodling, as trading these days are likely to be unprofitable. But there are some good and exceptional traders who still manage to succeed in trading but they are already professionals in their own carreer. However, if you are a regular trader, then just keep on taking advantage on crypto volatility and stay buying and hodling until you start seeing good signals for a profitable trading.

Some people taught that trading is gambling where you just go and predict the future and luckily you can win. Trading is very difficult and before you succeeds in trading you most have acquire the basic knowledge and guidelines of trading, that's some of the reasons while some people involved themselves into the disadvantages of cryptocurrency. Because i noticed that without understanding the rudiments of trading first make people to experience huge lose. It's very obvious that trading required attention and concentration and it's also hard to trade and be successful.

Why it should be future trading? It is too risky, not recommended for beginners, even some experienced traders don't want to try it.
I think spot trading is the best choice. If you want to suggest folks, better to suggest spot trading.

1. If you are a daily trader, I don't think using the stop-loss feature is really necessary. You should always check the market daily, you can directly sell your coins if it is needed. The stop-loss feature is a must if you are holding the coins for a long time (weeks, months, years).

2. It is a must. If you can't control your emotion, you cannot trade. Controlling emotion is a basic obligation in trading. If someone cannot control his emotion, better to not be involved in trading.

3. I think we don't need a signal source. Many of the signal sources are not trustable, some of them mislead people to buy at the wrong time. Even, there are signal sources paid to make a hype of certain coins. Simply don't trust a signal source, better to analyze by ourselves. We can learn how to read the charts, know the fundamental factors, and update the information about the project developments.

If by this you mean trading signals you can found on groups like discord or telegram then you are likely to lose money if you keep relying on them. Those people sharing trading signals are not some kind of prophet to give accurate information. They just share what they just think of the current market and can still become wrong of their prediction. It's still better to learn trading techniques on your own so you have no one to blame if you lose money.

But if it's information like news then those can be a reliable source because fundamental analysis is also being used when trading cryptocurrencies.

I mean Bitcoin have high volatility which is every investors or traders are choose Bitcoin because of it, so it's not surprising if Bitcoin have a bear and bull market much easier than other commodities. With this, everyone aware and already take advantage due to high volatility, it's either they convert to stable coin or hold it. If anyone can't face bear or bull market on Bitcoin space, they're shouldn't buy Bitcoin and need to learn first.

Everything is on red now even on stocks and even on forex which does simply imply that we are on a bear market or simply having that economic problems which causes on all lots of these.
Doesnt matter whether which market you've been get involved into because everything is really on the bear side which it would really be just right that you should really be wise on taking
up decisions because profitability will really be depending on how much risk you had put into.Market could really be having neither of the two of these conditions on which it would
really be just right that you should take action whenever you do see some opportunity to get in.

Out of all the things that you have mentioned, the #2 is the hardest to avoid especially when it comes to either bull or bear market. I'm guilty of that to be honest. The #1 note is the 2nd one where I have actually set my stop loss but not when it comes to taking profit in which I am guilty of that as well.

Whatever skills or knowledge that we have, it is so important about managing our risks very well and acknowledge whatever results that we have from the day we set our buying and selling positions.

Volatility plays a important role for those who a regular trader or day trader. The greater the volatility, the greater the opportunity. In this regard traders have to make profits or losses. If this volatility is well exploited and taken advantage it is possible to make good profits very quickly.

Again, many people can take the help of both stop profit or loss mechanism. According to the type of volatility a trader needs to analysis and have to take the decisions.

Having source of information is vital.

Too many websites that are existing and reporting news relative to the market and economy. And that's why it's an important thing to choose the place or news website where you're getting those information.

Avoid the temptation of being greedy too as you trade to avoid further complication with your trades or else, you'll be missing to make profits.

It seems the OP is talking about futures trading, he wants to take advantage of both bullish and bearish market conditions to make a profit. You said something different, it was a spot trade that the OP didn't mention in his thread.

I won't say all altcoins, but most altcoins will follow the movement of the bitcoin market. But I think I understand what you want to say.

That's why many people are interested in crypto trading, one of them is because the price of crypto is very volatile and it provides an opportunity
to generate large profits if we can take advantage of it. But it must be admitted that it is not easy to make profit from crypto trading, because indeed
we must have good analytical skills, in order to predict volatile crypto prices. I am still in the process of learning how to take advantage of volatile
crypto prices to make a profit. Unfortunately the amount of loss I experienced was greater than the profit I made, that's because the predictions I did
were not accurate. But I have not given up and still continue to learn from every mistake I make. I believe as long as I don't give up and continue to
learn to correct every mistake I make, I can become a successful trader.

Trading during this bearish season, with high volatility, is very risky. We may be able to gain some high profits, but the risks are also very high. I don't think that this is recommended for newbies, moreover those who a=only lay on the signal trading.
Moreover, if this is for Future trading, newbies or people who are not common in trading Future is better not to do this during this high volatility. Except that we have been usual, professional, and also able to trade in the Future with certain knowledge, analysis, emotional control, and also taking decisions wisely and appropriately at the right time. Trading future is too complicated.

It may be easy to say, but in fact, many people are failed to practice moreover when the price extremely change very high as we expected. We may feel very afraid to do it, frustrated, and also emotional enough. We must learn much from experiences by paying attention much more on our emotion self and this may be not easy

Emotions is one way people get to gamble over trades. It's your emotions that overrides any thought of you to go by any form of analysis. You just look at the charts for a whole without any news to aid you, no trendline drawings, no indicators except for RIS for the few that cares and the next you know, your in the market, trading it live and that's an easy way to loose money.
Emotions shouldn't be traded.

Best thing any beginner trader ca do in a bearish market is to buy and hold. You just got to learn how to be patient and ensure you buy when the opportunity presents itself.

not just buying and holding, but it's worth paying attention to where is the right time to enter. don't hold on to high prices because it will only wait a long time and the decline occurs again. bear market should be exploited properly. learning some tools for technical will be very useful. Learn gradually and don't always be a beginner.

Crypto volatility should always be taken advantage of in a bear market as the prices of all tokens fall significantly from their all-time highs in a bear market.And there are always huge profits to be made by trading in cryptocurrency in the bear market.Because when the market is in a bullish condition, all tokens are overvalued and buying there can lead to losses.Because it is the nature of the market that the bull and bear cycles keep changing after some time.So always wait for bear market. Coins taken in bear market can double your profit when bull market starts.However, if there is high volatility within a currency, it should be bought at a low price and should be sold immediately when the price is high.And prices are always lower in the bear market.so bear market is always best for take advantage of crypto volatility.

Some says it was the altcoins which volatility is higher than in bitcoin but I think I can agree with you better that it was really btc and not altcoins as I also observe the movement of btc from time to time.

High volatility works best in trading than in investing because you can frequently buy and sell and make unlimited profits than if you are only hodling them for long term which can give you a lot of delays since the price can't really go up consistently. The bears and bulls on the other hand doesn't occur because btc is volatile but it occurs because this is how a financial market works. Stocks and other markets do also have this kind of phenomenon.

Whether the market is bear or bull it is very important for use to ways take opportunity either to buy more holdings or take some profits. The expert traders know how to do this perfectly without having to look at what others intend to do. The market is a ace where we but and sell based on the way we see the market.

Some newbie traders still see the bear a way to step out of the market based on their fear and with the question "what if the market goes opposite." Why don't have to border much on what we think or others think about the market.

 Now the price of cryptocurrencies had gone down so we can always keep buying because surely price is still going to go bull whether now or later.

-  You should also know that in the crypto trading industry there is a good and bad sides to it. So it's good to always say the bad side so that a new community here can see that entering the trading industry as crypto is not easy.

That's why the income here is not only dependent on the rise in the price value of the coin or token. But with the rise and fall of its value in the market. And that has been happening for several years here through the volatility of bitcoin and other altcoins.

So as an individual trader here you must also admit to yourself that you are ready to lose at any time or period.

in dealing with high volatility, altcoins are indeed more volatile than bitcoin, but in anticipation of a bearish season, I think investing in bitcoin or altcoins at the top will be better, given the high level of investor confidence and high market volume, in that case it seems not easy to be played by a few people, and later when the bull market comes it will be able to enliven the cryptocurrency market

And the risk that comes with altcoin invest is huge. We've seen the biggest scam already, when you thought that your investment in this and that altcoin are going to be safe, suddenly it collapses or exit scam. As compare to bitcoin, it might not yield you good returns in the next bullrun, or at least the percentage growth like other altcoins, but investing in them will give your money to grow just by holding, it's like some stocks, the compounding interest alone is huge if you hold in long term.

That's mainly because of low volume, low liquidity and also low marketcap as well. Bitcoin has higher in all these categories than all altcoins, most of them combined even. This means that it would be very hard to make it go up all by yourself, but there are coins where you can literally buy 51% of the coin with just a few million dollars or less, entire out of top 1000 section is like that.

This is why when you are investing into small altcoins you should be trusting that everything will be alright and hope that it will get higher, if someone attacks it and buys it all, or even worse sells a bunch of it, then one person could ruin it for most altcoins.