Moxivuki
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October 19, 2018, 09:13:31 AM |
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The bear market has been going on for nearly a year, although I very much hope that the bull market will come, but I also think that we have many buying opportunities in the bear market, because most of the encryption is very cheap!
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Hui8
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October 19, 2018, 09:18:12 AM |
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There are no as such rules in the crypto trading but when it comes to the bull and bear then people do get very obnoxious about the whole situation and the money that they have invested in it. I have simple tricks on my mind. Whenever I am putting my money in the crypto trades then I keep my Break Even Point at multiple points by buying three to four times at different prices. As soon as these points are covered by the bull then I keep getting some profit and thus securing my invested money. Now you use bear to enter the market and in the same way, bull can give back more. You dont have to worry about it, you have to make opportunity out of it.
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avarnet
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October 19, 2018, 09:40:40 AM |
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If the market is already recovers I think theres a way to get out from bull markets and few investors and traders now already buying some coins now.
absolutely right because with the decline in the market it becomes our opportunity to get a big profit even though we have to wait until the price of the coin rises, so it comes out and goes in when the market goes down and rises
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sana54210
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October 19, 2018, 10:34:23 AM |
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It can't be exactly predicted when to enter and pull out of the market, but you would learn a lot of things as you gain experienc, so be patient and carry on trading as the time passes you would gain experience.
A good and successful trader never leaves the market due to bearish conditions. He is able to survive in such conditions. This is the right time for entry in the market and makes an investment. be patient and cool and try to catch the chance of getting some profit from your holdings in this tough conditions. Don’t be afraid of the situation and don’t lose courage. Well, it depends on how you want to look at what you are saying. Saying a good trader never leaves a bear market to me is not right because a good trader can decide to do any style of trading from day trade to long term and still be making a lot of profit and in fact big time institutions do not even care about day trading as the case may be, and they are into the long term thing. Knowing when to get out of a market depends on your level of knowledge, experience and style you are trading which most of the time, except for day traders, or short term traders, you really do not have a business with a bear market except you are shorting in a margin trading platform.
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Mahanton
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October 19, 2018, 11:04:22 AM |
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As a trader, this would be the hardest part on when to know the best part to get in and get out into the market but there would always my rule when dealing with the market. Sell out when others are greedy and Buy when most people are afraid.This line always put up on my mind on how to deal with volatile market it might not be effective but just simply doing these things will really give you out some results that you do least expect.
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R |
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cathat
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TEMCO
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October 19, 2018, 12:06:46 PM |
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Start with book by Bill Trade Williams, "Trading Chaos". It will help you understand how the market works. I think that the general idea of the market is more primary than technical and fundamental analysis of assets.
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newbie-hero
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October 19, 2018, 12:57:26 PM |
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I thought everybody guesses that the best period to buy the cryptocurrency is the time when the market is bleeding. I managed to invest in crypto in January and February.
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Thanasis
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October 19, 2018, 01:00:35 PM |
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Basically you need to get out in the start of bear market and get in at the start of bull market but it is hard to know when the bull and bear run will start until it is happening so most of the traders uses some sort of strategies like TA to find out the analysis of when to buy the coins and when to sell the coins but these are helpful for the long term traders not for day traders.
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omonuyak
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October 19, 2018, 01:20:12 PM |
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Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
I think I learned this principle through experienced and I don't think that it is good to place any trade without adequate knowledge and understanding of your exist point either in bearish or bullish trend and directions. For example I just watched a trade this afternoon when pin bar was developed in of the coins I was monitoring and I post in a group that FUD has been created and that bull run will commence when graft hit 250satoshi and that is exactly what play out. I learned through experience in following TA.
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wall101
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October 20, 2018, 06:53:23 AM |
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The only thing that i know to get out in bear/bull market is to quit in trading and stock your funds in USD to avoid lossing. Take a relax for your self to get out in a bear/bull market.
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Osarman
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October 20, 2018, 11:29:57 AM |
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This is a hard judgement and often gotten wrong, but typically you'll go in when there's reasons to believe the price is about to rise or is rising steadily and vice versa.
Well i do agree with your concept of holding when the price is expected to rise but there are numerous factors affecting the market right and you just cannot make a particular factor the reason for the rise in the price. To be honest, what i believe is that one should either hold for a very long term because that talks about the time when the technology would be wide spread and costly. If not, then setting target and cashing the coins upon achieving those targets is the right way to stay safe in the market.
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pawanjain
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October 20, 2018, 02:09:43 PM |
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I know it's quite tough to judge that when to enter a bull run and when to exit at the right time. A single mistake can decrease all your gains. I have been facing this issue and that is when I decided to limit my profits and dedicate a % of amount for the profits.
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yonjitsu
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October 22, 2018, 07:02:07 AM |
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If i were to decide about these market season, id rather stay in the bearish market and keep on holding on my crypto holdings. I only get out when the bull market is on because that's the best time to sell my cryptos at a better price too.
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Btc_1856
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October 22, 2018, 07:16:31 AM |
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The bear market has been going on for nearly a year, although I very much hope that the bull market will come, but I also think that we have many buying opportunities in the bear market, because most of the encryption is very cheap!
People are always thinking in a negative way, that market will not recover. We should always patiently until the market starts recovering which will help us to make some decent money, now it is a very good time to buy the coin in the market because still, they are very cheap.
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gamalzour
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October 22, 2018, 07:35:26 AM |
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I thought everybody guesses that the best period to buy the cryptocurrency is the time when the market is bleeding. I managed to invest in crypto in January and February.
Investing in January and February would not have been bad. The price had been down those days. DO you still hold the coins? We had had a rising period in July when there had been a rise of more than $2000 in the market value of Bitcoin and suppose you had owned multi coins, you would have earned appreciably in the trade. Even now, the market is bleeding and this should be taken as opportunity to own big. The recession lasts longer but upon the recovery imparts big weights as well.
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nydiacaskey01
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October 22, 2018, 07:43:24 AM |
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If its bearish market and you are new and not familiar on the price movement then don't try trading yet unless you are equipped with knowledge on when to enter and exit. You are playing with real money even if you say that its your spare cash its still money. If its a bull market, try using tools like Bolinger Bands, Parabolic SAR and RSI. You can easily search in the internet how to use those 3.
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Keyboard PC
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October 22, 2018, 09:20:38 AM |
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it is very difficult to be able to predict bears or bull markets, it's just that usually when bear market occurs there must be bad news and when there is a bull market there is good news, until now I still believe in the method.
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millensharon8
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October 22, 2018, 05:02:16 PM |
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The bear market has been going on for nearly a year, although I very much hope that the bull market will come, but I also think that we have many buying opportunities in the bear market, because most of the encryption is very cheap!
People are always thinking in a negative way, that market will not recover. We should always patiently until the market starts recovering which will help us to make some decent money, now it is a very good time to buy the coin in the market because still, they are very cheap. That is usually the thing with a whole lot of people as their mind is centered on the short term and never in the long term and as long as you have been able to get your mind occupied with things going on now, the ability to set a goal for the long term will always be hard. Getting out or in of a bear or bull market all have to do with the understanding of the market over all, and your own knowledge about how to trade the market trends, which will not come in anyone's sleep or dream, but each individual will always have to take the pain of learning at all means to get it right.
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carlisle1
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October 22, 2018, 05:31:11 PM |
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Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Well Technical Analysis doesnt work everytime as this is just like speculative idea..but if you are a true fanatic of cryptocurrency and believe in this future.ythen you dont have to doubt about today because what we need is tomorrow,the future cryptocurrency might brings to us.
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Champion Coin
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October 22, 2018, 05:49:21 PM |
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I'm curious to know what criteria you use for a decision like this?
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