Is it worth trading in such deeps?

[Dklinov]

Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.

[BrewMaster]

there is ALWAYS a way to make profit while trading in cryptocurrency market. from my little experience i can think of only two right now.
1. shorting the coins that are dropping.
some platforms have this option, i have never used it but it is basically making money when price is falling. if it really falls you make a big profit and if it doesn't fall and rises you lose money (to put simply).

2. trading coins that are rising.
there is always an altcoin out there that is getting pumped no matter the hell that is happening in the rest of the world! if you can find them and jump on board you can make a profit. finding them is tough though. sometimes you can find them by looking at the increase in volume and price together and out of nowhere when they are pumping them for example.


and remember these strategies may not be fore everyone. for most people it is best if they stay away and wait for things to calm down and rallies to start. making money in bull market is always easier for most.

[BillyBobZorton]

If you are out of the market and you wanted to wait for it to stabilize, I think it's the correct way to do right now. We have broken (unfortunately) most resistances that could held us up in price, I think we are on a bear market for now, until the charts tell me otherwise.

If I was out of the market, I would wait it out, and once the price starts stagnating, aka becoming almost flat, it may be a good idea to start planning a big entry, similar to how Bitcoin stagnated after MtGox's crash. When everyone starts saying how Bitcoin is dead and the price is almost flat (2014-2015) period this is the ideal period to accumulate. I hope that happens, which would mean 2018-2019 will be an accumulation period, and 2020 will be the new era of $100k+ a coin, with once again, a bunch of people on the brink of suicide because they sold at the bottom during that accumulation period.

Whatever you do, just don't short it... that's insanely risky. BTC can skyrocket at any time and put shorters in bankruptcy overnight.

[reflector]

Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.

Stablity will not work perfect for trading coins bro. You should be involved in trading while price dumped or fluctuating completely every hour. If you want to go to trading this time will work good in investing on bitcoin or any alts.
All the crypto currencies seems dumped in the market. I suggest you to invest on NEO, TRX, Ripple, IOTA and ADA. I am sure if you invest 500 USD with in 1 months you can make 1000 USD bro.

[danherbias07]

I am trading with AION and I grew it from 100 to 183 AIONs now.
Even with all this dip, there are those coins which stays alive because they have the project that is intact that is why people are still buying it.
Although if it is converted to USD I will have the same amount, the number of BTC that I have really grown much.

Maybe they should stop converting and just try to earn more bitcoin. That is the clue for most of the successful traders.

[zakalwe]

I am trading with AION and I grew it from 100 to 183 AIONs now.
Even with all this dip, there are those coins which stays alive because they have the project that is intact that is why people are still buying it.
Although if it is converted to USD I will have the same amount, the number of BTC that I have really grown much.

Maybe they should stop converting and just try to earn more bitcoin. That is the clue for most of the successful traders.

It's more difficult to trade altcoins in depression times but it is possible like you proved. I prefer to trade BTC-fiat in these times, but my goal is the same - to end up with more BTC. I don't really care about USD value of my portfolio. If bitcoin drops 20% but I end up with 10 or 15% more bitcoins, then I am happy, despite the fact that my USD value actually dropped a little bit.

[richardsNY]

Money can be made in ANY market phase, but the main point of importance is that you need to find the phase that allows you to be comfortable with. I personally have been involved in day trading for a good while, but I just had to accept that it isn't for me. Not necessarily because I couldn't make profit, because I did, but more so the fact that the more active the market becomes, the more luck is going to play an important role. It all comes down to greed, fear, hype, fomo, etc. If these variables start kicking in, technical analysis is pretty much useless, and from that point trading will look more like gambling than actual trading. That's why I personally just stick to slow trading, which people generally refer to as buy low sell high.

[Qartersa]

It depends on the amount you are willing to trade. It sometimes works for me, though. I usually just trade small amounts during dips because I know how fluctuating the market can get. Nevertheless, what is nice in this situation is that you never really lose much. Mind you, this works only when I have bought the Bitcoins in lesser costs. Having said the latter, it would be such a gamble to trade if the Bitcoin you have was too expensive when you bought the same. Simply put, you have to learn to weigh things before you actually get the value for money of your investments.

[hahahafr]

I suggest you to do not trade with the actual markets.

if you are a newbie in trading, you might have big losses, specially when everything is on red and you can have bigger losses than usual.
So no, better to avoid trading on these times.

Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.

[iram1011]

Now is the time to invest if you are looking for any sort of trading. Almost every coin is going to recover and you will get amazing returns. The prices that you are seeing are the lowest that they can get. Avail this opportunity and invest. Within a few weeks you will see market bounce back. A lot of people have sold their Alts out of panic selling, and the market is all set to bounce back.

[rarkenin]

Trader should be able to work in different market conditions. Buying deeps is smart way to make money with holding for months. Trading always pay and there is no excuses for unsuccessfull people. Trading cryptos can be proiftable but this market is crazy volatile.

[lelou]

Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.

Yes ofcourse. If you're a good trader, you can make profit in any condition the market is facing. Sometimes the unstableness of the market will give you much profit if you know when to sell and buy.

[dado7]

I sincerely believe it is a time for buying. However, you should observe Fibonacci support and resistance positions and buy only near the support. If you are talking about day trading then sell near the resistance and wait for the bottom again. However, if you are talking about weekly trading or so then you may think about setting some trailing short positions, you never know if the current deep is the lowest point for next seven days, or will it go deeper. Everybody is talking about buying at deeps, however, if you are not talking about holding for 12 months or so, then you could by at the current deep and your portfolio value could sink after that......

[Leonard2016]

Good ones show themselves in hard times , that make differences between top traders and others , If you think trading is profitable then it should be profitable even in deep times.

[tdrinker]

There's much profit to be made in the current market but it's going to be especially difficult if you go against the movement of the market. Therefore most of the profit right now will come from shorting which is risky if you believe a recovery will come sooner rather than later. In a market like this one make sure you always use a stoploss

[khufuking]

That really depends on how you trade , if you are trading on one of the plateforms that offer shorting on coins then no matter what the situation of market you should continue trade , if you are trading like most of us and only make money on uptrend market then this is hard times for sure and you need to be careful with your entry points .

[Beerwizzard]

there is ALWAYS a way to make profit while trading in cryptocurrency market. from my little experience i can think of only two right now.
1. shorting the coins that are dropping.
some platforms have this option, i have never used it but it is basically making money when price is falling. if it really falls you make a big profit and if it doesn't fall and rises you lose money (to put simply).

2. trading coins that are rising.
there is always an altcoin out there that is getting pumped no matter the hell that is happening in the rest of the world! if you can find them and jump on board you can make a profit. finding them is tough though. sometimes you can find them by looking at the increase in volume and price together and out of nowhere when they are pumping them for example.


and remember these strategies may not be fore everyone. for most people it is best if they stay away and wait for things to calm down and rallies to start. making money in bull market is always easier for most.

I believe that it is possible but I can still hardly imagine those things. Selling coins if you see a further losses is probably the best type of "trading" during this time.
1. That looks more like a gambling. During this time you can see a price changes you can see 5% price changes only within one 15 min candle. The slaller moves should be unpredictable.
2. There is always like 1-3 coins from the first 100 of the CMC that hve a small growth for some reason. With less popular coins everything is pretty much the same but the risk of getting P&D is higher. Maybe it is possible to track some local hype but usually it is also a bad move. At least at this case you see your chances to pick  acoin that is rising at the dips.

[Grayy]

You just have to be smart in your trading during such massive dips. You should consider trading in short time; that means you can buy right now and sell in say 5 to 10 minutes when there is a little increment. if you focus on earing as much as you used to when prices were stable you may be in for a bad loss.

[jambul_kribo]

You just have to be smart in your trading during such massive dips. You should consider trading in short time; that means you can buy right now and sell in say 5 to 10 minutes when there is a little increment. if you focus on earing as much as you used to when prices were stable you may be in for a bad loss.

selling in 5 to 10 minutes i think too fast.price and chart move has'nt significant volatility.maybe this better to sell at least 4 hour.we could take advantages from this timefram movement.

[manggis97]

Much better wait when the market has signal to reversal because if buy on the deep can be the price continue dropping. So learn some technical analysis about reversal pattern will help to decide when should be entry to the market to minimize the risk.