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Author Topic: Should I stop trading in this bear market?  (Read 1263 times)
Strufmbae
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August 15, 2018, 04:58:09 PM
 #21

If you don't have the patience and acceptance to earn small profit then better to trade your altcoins in bitcoin and hodl,  the best option i want to suggest. Trading is earning small or big amount. currently we are experiencing a bear market so the best option is to be patient and do trading
, or hold and wait for price increase fluctuation.

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August 15, 2018, 05:04:49 PM
 #22

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
In the current situation of the market, the safest option is to cut losses and not make any big investments. But if you can handle the small price fluctuations of the alt you can still make a profit, but it is quite difficult and risky. In addition, you must compare the profit you get after each transaction with the fee you pay for that transaction to make a worthwhile transaction .

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August 15, 2018, 05:08:43 PM
 #23

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

If you are a real trader that addict in trading, I expect from you that you would make a way to find a possible source of profits like invest in different coins not only in popular crypto. But if it's hard for you to gain profits you should buy more crypto and rest until the market are going well.


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August 15, 2018, 05:31:04 PM
 #24

What does bear market mean to you? Full of losses? Full of panics? Well to frankly tell you, it isn't both of the two. It is the day to grab these opportunities to hold more coins rather than the day to sell a lot of coins. Keep buying, just saying. Its instability proves a lot of advantages for traders but some are having the misconception of it being too much of a disadvantage. Either they aren't that much of an active trader or they simply don't understand the market's behavior yet.

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August 15, 2018, 05:35:02 PM
 #25

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

I think any situation in crypto can always profitable when prices are falling always there will be a bounce and it's great for short-term trading, due to long-term I worry the price will more crash. so you don't have to stop trading because I think the current situation is still good for profit.

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August 15, 2018, 05:44:46 PM
 #26

The bearish market is actually too long and in a situation like this market only experience traders makes anything from the market. It is not for the newbie to play around as he will lose all his money in this kind of market. The market is bleeding and hoping for any  strong news to reverse the trend.

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August 15, 2018, 06:10:41 PM
 #27

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

The problems investors have, even here, is that they still see gains and losses as real things--which they aren't. It is all imaginary until you sell. Until then, you just own a certain amount of stock.
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August 15, 2018, 06:38:31 PM
 #28

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?


Stop is rational option and take it is to protect asset from bigger loss is better. Some people still hold rest of them keep buy coins, buy/ sell at this moment is really bad decisions. Sideways pattern will give nothing and down trend with long term period can make you bankrupt. Stop right now and start again next time.

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August 15, 2018, 06:46:07 PM
 #29

The way I trade bear markets is I take profits quick and don't hold onto stacks too large.. so lets say you want ETH for example.. and youre willing to buy any eth under 300.00 and be happy no matter what.. you would maybe buy a small section at 300 then each section you buy after this double the last bid.. so if you buy 1 eth at 300 then 2 eth at 275 4 eth at 250 (hypothetical numbers by example) and when the price finally starts to swing, sell your lowest stack at your highest stack price.. 250 goes at 300 275 goes at 350 300 goes at 400, etc.. the idea is you want to have enough money to buy as you down and cost average lower as you go, and when you go up in price let some go, so you have enough stacks to buy again if it falls flat towards 250,225, 200, whatever.. the problem with most traders is they buy too heavily all in one position and they don't get rid of enough stacks to stay in position when the price starts moving.  Ladder in and out, always have BTC/USDT to spare.. and always feel okay with your first price being X even if it halves for the long term.  I trade this way so in bull markets the market can only leave me upwards, and I've already made the money I intended to off of it, so I don't care in the slightest... its non-emotional and methodical.

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August 15, 2018, 11:36:03 PM
 #30

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

If you think the market would still go down,You can make short trades and accumulate some BTC/Alts..but,If you are not sure and confident about it better HODL and wait for the market to recover.

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August 15, 2018, 11:49:10 PM
 #31

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
My honest advice is to stay away from the market now because of it you are emotionally affected. If you can make money on trading why not you can continue and if not better to stay away and plan your exits and entry. Learn fron your mistakes and fron this bear market.

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August 16, 2018, 02:07:17 AM
 #32

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
My honest advice is to stay away from the market now because of it you are emotionally affected. If you can make money on trading why not you can continue and if not better to stay away and plan your exits and entry. Learn fron your mistakes and fron this bear market.

Never stop trading mate, but rather I suggest to buy the cheapest coins now because most of them were at downfall prices. Don't be afraid that the bearish market is now here manipulating the market. Only one thing I believed was, if we didn't learn to have self control we'll become stressed out and depressed. That's why in most certain cases a trader will dump their holdings, despite of deciding to hold long terms. Day traders couldn't establish good trades while bear market wasn't over yet. Stop day trades and prefer to have long term trading.

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August 16, 2018, 09:09:57 AM
 #33

more quickly all you have to do is not stop to trade, but you have to be more careful in trading like to choose the coins that you will buy you have to search for and whether the coins have good potential or not to be traded in the short or long term.



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August 17, 2018, 07:03:29 PM
 #34

I think no need to a stop. Just need to keep calm. At the moment bitcoin is in moving condition which can up any time. I can’t recommend you to buy or hold but can tell you need to wait about a sure trend start to move. For an example when bitcoin was going down then it continues it’s going movement. I'm already stop my trading now i think some days later i start again.

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August 17, 2018, 07:18:18 PM
 #35

Do you buy or sell which one do you now. Also, if you buy it will be profitable for you when the market recovery. However, if you are sell your asset now it can losse because most valuable asset is down in price.

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August 17, 2018, 07:22:20 PM
 #36

Trading is like an addiction

Nope, Becomes addiction if you allow!

Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down.

Have you heard the phrase: " Buy the Dip "? Think the following, the price is falling right? then you buy more coins, the price falls again and you buy more coins ... You do not have to sell in the loss, you just have to keep buying more coins and hold for many years. With each price drop is one more buying opportunity

I can't make profits at this moment in trading

Do you do day trade?

What should I do now?

hold the coins that you have and buy more coins whenever the price drops

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August 17, 2018, 07:28:55 PM
 #37

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
When you do base on usd value then you would definitely lose up your profit when the market tends to go down again but the fact you are earning more than on the token value which means it doesn't really give a useless result into your trading. Just continue to accumulate coins since they are still on low ranges because sooner or later market will have a recovery. Nobody knows on when but for sure there will be.
As long you are earning on token value I don't see a reason for you to stop.

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August 17, 2018, 08:14:08 PM
 #38

I think no need to a stop. Just need to keep calm. At the moment bitcoin is in moving condition which can up any time. I can’t recommend you to buy or hold but can tell you need to wait about a sure trend start to move. For an example when bitcoin was going down then it continues it’s going movement. I'm already stop my trading now i think some days later i start again.

Yes, most of the people really needs patience today because the market price is very low and you can also take advantage of the current situation by investing a huge amount in the market today while the prices are low.

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August 17, 2018, 08:42:12 PM
 #39

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

If I am in your position I would stop. Specially with ETH trading.
It could be the best bear market now and a good time to hoard ETH.
Maybe a month from now there would be a big explosion that could happen and the price might get back to $500. With that an easy profit can be made instead of playing with the trade market now which is getting harder to predict. All the day trade profit could be taken in an instant. (if a sudden increase happens)

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ipbitrung01
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August 17, 2018, 08:46:58 PM
 #40

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
I believe you should not continue to deliver when the bear market. You can see that bear market is very risky when trading, bitcoin prices are constantly adjusting and still in a strong downtrend despite a slight recovery, altcoin prices are down sharply. So I believe it is very difficult to make a profit at this time.

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