How you trade in uncertain times?

[CageMabok]

Knowing the fair market value of any particular crypto currency on the open market as at the time of wanting to trade is a big determinant to making profitable return or loss during trade either in uncertain times or in the times when it becomes very necessary to diversify ones portfolio to include other coins and tokens as investment for future or present goals.

It seems that there needs to be a separation between entering coins or tokens that you want to invest in for long-term future purposes and trading purposes for a certain duration of time via the market. Because seeking profits through investment can be very different from seeking profits through trading which can be done temporarily on certain tokens or coins only through the current market. So it is very necessary to separate these two things so that it does not make it difficult for us to make better decisions and choices for our own portfolio.

[Ben Barubal]

Right now it’s not uncertain times, we are still in a bull market. Blackrock etf is still adding bitcoins to their portfolios for clients who buy the etf.

Uncertain times are more like 2015 or 2019 where we weren’t sure if crypto was dead or not. Price went nowhere. People just withdrew their crypto because market was not going anywhere.

Those are not the same times as now.

     In the season we are having right now here in the crypto space, there is no doubt that we are really in a bull run, although at this time we are still in the current correction we are facing due to Mt. Gox's endless fud. I just read this in an article.

     Anyway, I am currently doing day trading activity on an exchange where I have assets somehow. I'm still studying now because my knowledge is only superficial, but even if I know a little about trading, somehow I can apply the rest to the actual trade itself to get a profit—not every day, but at least there is one every week.

[cute nmp]

Don't trade in bad market for long now I have lost alot of money doing that before. I now prefer to wait for good set-ups that presents itself in good market before I can put my money ,don't need more losses in my account anymore . Almost lost my account awhile back that is why I am more careful in trading nowadays

[Cryptoababe]

I only long when I see that the bull market is close like this. But I do set stoploss because of market volatility. And it's been working out well. Although, I do miss some short opportunities normally but I always feel like the best decision is to long wisely at a good entry point.

[AnonBitCoiner]

After all these years, I have come to learn that we can make money in all kinds of trends.
There are basically 3 trends i.e. bull, bear and then the sideways trend which are all favorable to make some decent profits.
Everyone has a different strategy and it is the based on that we can make profits.
No one strategy will favor a trend, you will have to keep looking for it and keep tuning it to make profits.

In bear season we cannot make money but we can make investments to be profitable in bull season because bear season is the only better time in which we can buy our favorite coin at a lower price. Bull season is to take out your profit if you have already invested in the coins the worth of which has been increased so only those can take profit who bought the coin at a lower price and the hold coin is a worthy one.

Selection of trending coin is also a good choice but I think holding a trending coin for years is not a wise idea therefore one should follow different strategies by realizing that which strategy is suited well to your asset. These days meme coins are trending so one can make profit by buying and selling some good meme coins but keep in mind that meme coins are only profitable due to its trend otherwise there is always a lot of risk with its investment.

[bitgolden]

You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.

[South Park]

You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.

In my opinion the reason people think like that is that they have a flawed vision of what trading is about, they think of traders as if they could forecast what the market is about to do with complete accuracy, but this is not really true, so when adverse conditions are present on the markets, the best move is in fact to not trade at all and wait for the market conditions to improve, this is similar to what people would do in the case the weather was really bad, so if the place where you lived was being hit by a hurricane, would you keep doing the things you do on your everyday live, or would you stay at your home until the hurricane went by? And it should be obvious which one is the correct answer.

[Hamphser]

You also do not need to trade when you are unsure, I understand that some people may feel like they want to trade no matter what happens, but the reality is that we are not going to end up trading just because we wanted to, it is not how any of this works.

I believe that we should consider how tough it is to make this work and I believe that the best thing to do right now would be just focusing on how to get better. I know that it is going to take some time to learn how to trade even at the toughest times, but if you think that you are going to do fine, then you should be capable of making a profit. Before you are that good, just avoid trading at uncertain times because if you are not good then you are going to end up losing money.

In my opinion the reason people think like that is that they have a flawed vision of what trading is about, they think of traders as if they could forecast what the market is about to do with complete accuracy, but this is not really true, so when adverse conditions are present on the markets, the best move is in fact to not trade at all and wait for the market conditions to improve, this is similar to what people would do in the case the weather was really bad, so if the place where you lived was being hit by a hurricane, would you keep doing the things you do on your everyday live, or would you stay at your home until the hurricane went by? And it should be obvious which one is the correct answer.

If you are really that in doubt then it would really be best that you shouldnt really be doing any trading at all or having some break rather than on making yourself having those forceful kind of trading on which we know that this isnt something good because you cant really think up well specially if emotions is really that setting in. Come to think that this market is always something like this on which it cant really be predicted on where it would really be going this is why when we do speak about uncertain times then it is always be on that sate. Somehow it would really be making out those huge moments or significant ones on the moment that there would really be some sort of news or fundamentals. It would be just that depending on how you would be that making yourself handling on these market conditions.

[Wildwest]

Each member has a different way of trading and taking opportunities when the market is unstable like this. I also trade several coins in my portfolio when the price goes up. Once the price goes down around 3%, I will enter again to buy. Once there is a 5% profit, I let go. Again, that's my way of trading when prices are high and unstable.

[Dunamisx]

Many would prefer holding down when times are not favourable for them to trade because of the unpredictable nature of the market and high volatility which sometimes make sit appears unpredictable to speculate well on what the market may turn to, but still yet, some are taking the risk and go into trades because they believed also that in such period lies when they can make their own very opportunity which may cause them to make more profits.