Do's for trade in recent downtrend???

[sana54210]

Nice tips dear I totally agree with your opinions. crypto remains always in fluctuation so wait for a good move and again try to trade but in decline sit down and hold.

I can't prefer invest to borrowed money in crypto because which will happen in the future no one can't predict it. I can invest my own money in crypto for that reason I can hold it the long time and leave it when it will be pumped.

If you have borrowed money from somewhere then you must have to return it someday and it would also be useless to return it without making a good use of that amount. This is not the first time that the whole digital market has gone red.

Bitcoin would be making progress soon and altcoins will be following it.If someone desires to become rich, now is his chance to achieve that dream at a very low cost.

[feelideb]

The most important behaviour that any trader should avoid like a plague is fear. If you allow fear to set in then you have lost it. Fear will paralyze you and you will lose your ability to analyse and coming up with good judgement as regard trade will become difficult.

[mintevacuateY]

Enthusiastic points you got though brother

[Bushrat Jahan]

I think a good trader always have a good strategy to trade himself to apply.  I do trade for not so long time. I got a lot of experience I think. I have passed many times on the market. so I want to say few step on this downtrend market and let me know your experience as well please..

* Keep patience.  don't get panicked.
* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.
* Try to understand the technical analysis. where the support level is.
* Don't sell your coin on loss. Try to hold just wait for a move.
* Crypto is always a magic so please be patience it will move up on uptrend after all FUD.


Let me share all your important experience and ideas please

You are right bro. In prder to not become the loser well don't lose when you know that it is still cheap pr below ICO price. Instead pf doubting or thinking of selling you must be become patient. We all know that it's really worth the wait.

Now market situation is very critical so hold on is my best strategy is this dumping market. I optimistic and believe that at near future I will get huge profit for the purpose of holding of my all crypto currency.

This is best “do” of the market right now. Definitely if you people start being panicked and then selling at such low prices, you will be losing majority of your investments. So better is to keep yourself cool and relax and just hold. Hold until the prices becomes so high that they eventually surpasses you and everything becomes so good to sell then. Better is to search out more efficient dos.

Always I strongly believe hold is best option to get profit and I always try to hold because crypto currency can't constant. So don't get panicked keep patience is very importance for crypto trading.

[Bushrat Jahan]

I have invested in different markets amd even in different currencies. Hope that price uprises soon

Pumping and dumping is the magic of crypto. So please keep patience and hold on. Obviously you will get profit from holding your different currencies.

[Bushrat Jahan]

I agree if you put the words of patience is at number one because it is the key of trading bitcoin is a very powerful patience and many who get a profit that is more than the patience in the applied. not only that the most important thing is never to be influenced by the talk of others.

Every trader must have kept patience on trading. I believe without patience crypto trading can't bring a plenty of success so try to keep patience. Happy trading

[no0dlepunk]

I personally prefer margin trading during times like these. Not all would agree with it, but that is the best game plan for me to profit from "downtrend". Anyway, am I the only one who felt that technical analysis doesn't work for cryptos? It does for ForEx and Stock-Market because the market psychology is only influenced by a specific crowd/consumers/region. Analysis in crypto could sometimes break your ankle (just like what Steph Curry does when he crosses over. ha ha!). I have experienced it many times already, the yellow and blue lines were already meeting at the bottom and therefore the price was supposed to reverse the trend soon, and it was supposedly the best time to buy. Unfortunately, my tech analysis didn't work fine... the price went down weirdly and left me no choice but to HODL until the reversal happens. Since then, I began to margin trade during downtrend instead. If you don't feel comfortable trading at the moment, don't trade.

[tartecyst7d]

Not just btcs but all the cryptoz has same tendency of turning the game. Be wise to plan next move

[Bushrat Jahan]

I have invested in different markets amd even in different currencies. Hope that price uprises soon

I think you may known about portfolio investment. Always I try to make portfolio investment I can't invest my all money in only one currency always try to buy two or three currencies and hold on all for pumping and get profit from those.

[newbie-hero]

I will choose to continue holding. If I sell it now, then my money will suffer. And I think it will go up in the near future and I am very optimistic about it so I will not sell it.

Obviously your decision is very good. I am also holding my all crypto currency and wait for pumping. I also optimistic that those will give me more profit.

Yes, holding these days when the market is not stable is a wise policy. Moreover, you know that the technical analysis does not always work in reality.

[lagoon88]

Well, I haven't been trading in recent downtrend, I have been holding all my coins and waiting for the market to move up.

[el kaka22]

I agree if you put the words of patience is at number one because it is the key of trading bitcoin is a very powerful patience and many who get a profit that is more than the patience in the applied. not only that the most important thing is never to be influenced by the talk of others.

Patience is just one thing that I believe will only work for long term holders. As long as you know what you are looking for in a market and you are trading based on that with some strategies in play, then you would not even need patience in your whole act, except to always take actions whenever it is required.

A lot of people buy at the top, ended up having patience until the market got drained and now they just have to imbibe the patience at the end by all means until the market recovers. Best thing is not to trade at all if you do not know how to trade.

[pawanjain]

I think a good trader always have a good strategy to trade himself to apply.  I do trade for not so long time. I got a lot of experience I think. I have passed many times on the market. so I want to say few step on this downtrend market and let me know your experience as well please..

* Keep patience.  don't get panicked.
* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.
* Try to understand the technical analysis. where the support level is.
* Don't sell your coin on loss. Try to hold just wait for a move.
* Crypto is always a magic so please be patience it will move up on uptrend after all FUD.


Let me share all your important experience and ideas please

For the sake of the newbies and average joes out there, I would like to thank you for sharing these important tips in this bearish market. I can somewhat relate to those who have bought last year and experience huge losses in the great Bitcoin crash starting mid-January until now. Like my Trade.io, I have lost almost 1000% of my holdingsm but I keep hanging on until the next bull run since they have an awesome and promising roadmap and future project developments.

Yes, it is surely a good read for the beginners in the crypto community. About technical analysis, according to me, it does not make any difference because the market will go in decline if it has to and so it does not depend on any kind of technical analysis. Psychological analysis does play a good role when it comes to predicting crypto prices as most of ups and downs happen due to people's emotions which can be predicted through psychological analysis.

[Budugbass]

Well it's all it's indeed really is worth noting and used as a capital in the trading efforts are done, the problem is sometimes a lot of people forgetting about it because it can't controlling emotion on something that happened, and anxiety excessive because of some news that their knows.
And yes but however who's has long been that's close to crypto will not doubt it and always have the various ways to overcome it.

[Thanasis]

I think a good trader always have a good strategy to trade himself to apply.  I do trade for not so long time. I got a lot of experience I think. I have passed many times on the market. so I want to say few step on this downtrend market and let me know your experience as well please..

* Keep patience.  don't get panicked.
* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.
* Try to understand the technical analysis. where the support level is.
* Don't sell your coin on loss. Try to hold just wait for a move.
* Crypto is always a magic so please be patience it will move up on uptrend after all FUD.


Let me share all your important experience and ideas please

Yeah,you are right.we need to keep patience while trading most of the traders will get panic and loss their capital but only the experienced person will take the profits from these kind of situation,initially all traders need to know that never do trades will all your capital amount keep most of them in holding and do only with the part of it.

[Kiweikoo]

I have invested in different markets amd even in different currencies. Hope that price uprises soon

Pumping and dumping is the magic of crypto. So please keep patience and hold on. Obviously you will get profit from holding your different currencies.

Pumping and dumping in terms of the market value of almost all the crypto coins is quite a normal thing and that you need to learn the tricks which can then help you in dealing such situation in the best possible way as this is something which you need the most when it comes to that of making of something good and profitable. Hold the coins at time of dump and sell them at higher price.

[gudrun]

I think a good trader always have a good strategy to trade himself to apply.  I do trade for not so long time. I got a lot of experience I think. I have passed many times on the market. so I want to say few step on this downtrend market and let me know your experience as well please..

* Keep patience.  don't get panicked.
* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.
* Try to understand the technical analysis. where the support level is.
* Don't sell your coin on loss. Try to hold just wait for a move.
* Crypto is always a magic so please be patience it will move up on uptrend after all FUD.


Let me share all your important experience and ideas please

I will show you how to trade in the downtrend of the market, these are my years of trade experience. You can see that after every fall of Bitcoin there is always a break, at which bitcoin price goes flat for a time before continuing to fall. This is the time for you to start trading and enter the market. Make specific plans before trading and always place stoploss.

[naidray]

The most important behaviour that any trader should avoid like a plague is fear. If you allow fear to set in then you have lost it. Fear will paralyze you and you will lose your ability to analyse and coming up with good judgement as regard trade will become difficult.

Instead of fear, I would rather say putting emotions into everything they do which is one attribute that a dumb trader without knowledge will always do, that I can definitely say. Once you have no strategy as a trader, you are a gambler, and you will easily pour in emotions into your trading whether you like it or not.

As long as you are good at what you do, you will easily be able to pull through in any trade without any issue or worrying about flopping or the odds not being in your favor. It is a profession and once you treat it as such, you will do great.

[malikusama]

I thought you will have some additional tips for trading in downtrend but all of your tips are related to minimize your loss during downtrend except this one.

* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.

"How to minimize your risk during downfall" would be more suitable for your thread.
 BTW Patience is the basic thing needed for trading cryptocurrencies, if you can't keep calm during the dips you can never be a good trader.

[milewilda]

I thought you will have some additional tips for trading in downtrend but all of your tips are related to minimize your loss during downtrend except this one.

* Wait for the right support moment to buy coin if you have to money to invest cause market on so down it will move for sure and then it will give you much and more profit then loss.

"How to minimize your risk during downfall" would be more suitable for your thread.
 BTW Patience is the basic thing needed for trading cryptocurrencies, if you can't keep calm during the dips you can never be a good trader.

Patience or emotions is really a big factor when it comes to trading yet this would mainly affect you into most circumstances specially when you do see price do go on other way and you made already an order and seeing negative floatings on the price or into your overall folio.You are right on what you have said that the topic title isnt really suited on the recent topic being posted.These are just basically some steps to be normally followed to minimize risk.