An advice for newbies and plebs

[Viscore]

Simply stop day-trading, or any more active form of trading.

It just depends on the ability of certain traders. If they want to do day-trading then do it, you shouldn't let people like this tell what to do and tell em to avoid certain thing. If you are capable to do day-trading and know the risk of this type of trading, then you should go for it maybe you will earn something from it. I just hate it when people say, please stop doing this and then do this, where they don't even give the correct reason of this.

I believe no matter how bearish the market is, there are still those expert traders who can withstand the current market condition so yes, it always depends on the abilities of certain traders. However, in most regular traders, day trading could be more risky especially with this current bear market as it could lose your expected profits in just a thin air. To be more safe, just accumulate more potential coins while doing DCA for bitcoin. Bear market is certainly not perfect for day trading, buying and holding instead as the risk is low.

[carlfebz2]

Simply stop day-trading, or any more active form of trading.

It just depends on the ability of certain traders. If they want to do day-trading then do it, you shouldn't let people like this tell what to do and tell em to avoid certain thing. If you are capable to do day-trading and know the risk of this type of trading, then you should go for it maybe you will earn something from it. I just hate it when people say, please stop doing this and then do this, where they don't even give the correct reason of this.

I believe no matter how bearish the market is, there are still those expert traders who can withstand the current market condition so yes, it always depends on the abilities of certain traders. However, in most regular traders, day trading could be more risky especially with this current bear market as it could lose your expected profits in just a thin air. To be more safe, just accumulate more potential coins while doing DCA for bitcoin. Bear market is certainly not perfect for day trading, buying and holding instead as the risk is low.

You would really be considered to be a good trader on which you could really able to make profits no matter what the market trend or condition on where you could really see the opportunities and snip out profits

despite of having a bear market but these things would be only possible for those who are experienced enough on dealing with the market.It might not really be that simple but we are once a newbie which

it is really just depending on how good we do trade and able to learn up things along the way or something that will really be relevant with our trading career.

[bitcrystal]

You are right, I hope people will listen buying the way down will only need you to buy more and wait for market cycle to reverse for you to be in profit. I would prefer to start buying after the consolidation is over.

[ItsCrafty]

These indications may be helpful for individuals to think about theirs victory. I just think that day trading is better and has a fruitful results but these days it is hard to execute your aim because every coin is dropped. It is not clear that at the end of this year certainly the crypto will rise because no one can exactly get prediction regarding it. Market is uncertain there is worse situations currently and it is hoping to be improve in emergence years

[BobK71]

Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.

2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.

I agree with you. The current market situation is refers to a long bearish trend. From now everyone should keep in mind this situation and wait for the bull market. During this period those who want to move their investments from here to a better position should definitely save money and take advantage of this bearish market until the bull market is started.

[Oilacris]

Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.

2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.

I agree with you. The current market situation is refers to a long bearish trend. From now everyone should keep in mind this situation and wait for the bull market. During this period those who want to move their investments from here to a better position should definitely save money and take advantage of this bearish market until the bull market is started.

We should really see this current market condition as an opportunity for us to buy cheap coins specially Bitcoin but just as mentioned by people or members on here that it wont really be something simple though because it would really be involving some factors which would really be the reason for us to hesitate on making up decisions.Whether we are a noob or not we are still speculators on this market.
There's no way on knowing on what are the things that would happen ahead and with some advice for noobs that they shouldnt easily panic out whenever they do see declines.
Continue to learn up on how this market behaves and soon you would realize.

[CPNpr]

These indications may be helpful for individuals to think about theirs victory. I just think that day trading is better and has a fruitful results but these days it is hard to execute your aim because every coin is dropped. It is not clear that at the end of this year certainly the crypto will rise because no one can exactly get prediction regarding it. Market is uncertain there is worse situations currently and it is hoping to be improve in emergence years

I think what you said here is not right at all but here you have to go with your own mind if you want to go there without your own mind then you have to face a lot of danger here so you always have to go with your own mind and always think about these things.  You have to think and then move forward