Hello traders

[minairia3]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

Cutloss as early as possible and learn from it. If you don't have time make one as money is involved with this unless it's not something of value to you. If you really want something there's always a reason to find time to do some research for it.

[YNAGS Team]

The thing is not always about the market, so even if the market would go bear again, it doesn't mean that your particular time would go up also...

[trutel]

you can learn tecnical analysis whenever you are busy though. Try to see if market conditions are still potentially down or flat. If, the market is potentially down, maybe you can implement a strategy stop loss.

[MiiDoViic]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

If you are confidant with you choice of coins , considering they are solid projects , you should just hold for now as the general sentiment of the market is berish right now . Every thing is dumping as BTC dumps more. However the recovery is near and hopefully you didn't panic sell at loss. It's not worth it to sell right now. But at the end it's your call.

[marsmyname]

Don't sell, buy more. You will be surprised by the profit you will take in the near future. The whales just want to scare weak hands so don't be a fool

I spend most of my time in this forum; because here I can read experts opinions and can analyze the market situation. I also scan the current and coming market position technically. It is necessary because only crypto is my source of income. I want to make huge money from crypto trading and for that time is important. I admit that time is money.

[BaraxLo]

we are still bearish my dear friend. you bought way too early in my opinion, hold on to your guns though this is going to be a very long trade for you. and you don't need to study TA in my opinion too.

Traders are active these days and are thinking to buy coins at this time because Bitcoin is available in the market of low price and this will benefit them t buy at low price and carry on this for long term. The value today is 5.8k dollar which is a very low price as compared to the average price of Bitcoin.

They can also start for short term trading if they are not in apposition to proceed for long term then they have to start trading with Altcoin or Litecoin.

[kenziefried]

The thing is not always about the market, so even if the market would go bear again, it doesn't mean that your particular time would go up also...

Trading in these situations may easy and may not easy because situations are 50, 50 and we can lose and make money depending upon the market fluctuating value. But this is valid for a person trading for short term and not for long term. However for long term treading is always safe if you are doing with a responsive currency like the Bitcoin or Ethereum, these are favorable for long term.

[Btcschool]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

If the price is still in a less promising condition stop in investing including appropriate measures to avoid the occurrence of losses because if a trader still insists on continuing investments it is likely that panic will continue to emerge and make them more difficult to earn profits.

After reading your comment I just make an assumption is that never ever be a part of that panic selling. That is tough time, we can understand when you have put your hard money in the field and prices start losing down. You must be reacting different, that is natural. But don’t let your mind control you and don’t make such dumpy decisions to sell at panic. Rather relax and be patient.

This is the right way for profitable trading to work as much time as you can. You will be able to take your trading decisions affectively and on the right time. Your profit will be more is you spend more time in crypto market observation. The more knowledge you have the high will be your earnings. This time is not for selling and for holding your coins.

[sujonali1819]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

I suggest you to hold them. because it is too late.if this time were near ending bearish market then you should sell them and re buying. But this is too late if you sell your coin now you will loss all money about 80% from buying price. So hold is the way that can give you a hope.Or you can trade these coin and can increase your holding.

[CRYPTOGANGSTERs]

According to the rules of technical analysis, you can not buy anything during a bearish trend. Remember that you need to wait until the trend changes and then start buying. Now you have nothing left, except how to keep and not sell the crypto currency.

[Reid]

Question. Why would you cut loss if you are seeing a red market? You already made an analysis by seeing a bearish market and try to take advantage of it.
Now it goes even deeper. That doesn't mean it will stay that way.
Bitcoin, Ethereum and most of the coins that are being traded have the same market now. We are all down.

Don't sell, you will just ruin the decision that you have made already. Try to create another capital. Use it to take advantage of the market again.

[udidrone]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

if you still have free money i think back up in the dip is good to do, but if you see the coin still promised in future and no back up at all, you can hold it longer because it is really hard to make decision with situation like this

[bbcolex]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

cutloss strategy when you lossing more than 20% but in this current time anything is possible, so the best way is to wait and get some news or forget about your investment for months then comeback. Selling at lose is like giving away free money.

[kenel]

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

[Dhanems]

Hello too:)
New in traders are always suffer from the Dipper problrm,but we don't have choices when we bought a coin we think it's a dump but more dipper,just hold for 2 to 3 years :)thats it

[Aleister Crowley]

a big mistake if you try to sell your coins all right now because in fact the market is still very far from the expectations as long as you buy your coins until now you never monitor the price and in fact when the price goes up and down when you come back like silence on the spot better you just save the coin there as long as you do not need it because the market is now in a red state is not a good thing to sell it and if there is a chance you continue to monitor the price and try to sell when the price is under your purchase price at the time..,.

[Nisharawal]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

Here you have already done tons of mistake which I think is not good for you and your capital investment, like taking entry without proper reason for the trade, second like investing without any prior calculations and without any proper money management. Now you have two things to be done if you can afford that money to lose then you can leave it as it and close the trade when the price comes at least to break even or in profit and otherwise you can close the trade and book the loss and take another trade.

[Visteryy]

the main task when the market is growing is to have patience not to buy them, but to wait for the fall. the market is cyclical. we mustn't forget. now we can only wait for a new growth

The trend of the market in this period is becoming more clear and I believe the annual growth cycle will continue. This is the time when investors can buy potential coins at very low prices to prepare for the fall.

[kotajikikox]

Im working long hours everyday and dont have the time to study technical analysis..so what I did is I bought coins during bearish time .but when I check them back the value goes even dipper..what should be the best thing to do..apply a cutloss strategy or just leave them until the market goes bearish again?

Did you mean your wasting time withi nothing even market is in good situation buying of altcoins or token are so hard to predict which have potential to increase, don't worry mistake is part of the traders and continue to focus your hard work strategy later on you can get more skills and become masters trader.

[Haynes]

it may be more appropriate that you have to spend time after work or when you are off work to learn to know from coinmarketcap.com, where you can see the lowest price of the time for an Altcoins.

when you buy Altcoins and are busy with your work, you can buy Altcoins for the ICO Altcoins launch, or when listing in exchange. and all of it can be checked on coinmarketcap.com .