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Author Topic: Should I stop trading in this bear market?  (Read 4237 times)
mkmdoc
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October 26, 2018, 05:56:55 AM
 #401

Yes, it is better to stop trading in the market because fluctuation is kept increasing in the market which makes us lose value and fluctuation are kept increasing because of Bitcoin price is not stable and this makes more fluctuating more in the market.

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October 26, 2018, 06:07:17 AM
 #402

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?
Without a doubt, the market is now not in the best shape. But as you said, trade is like drug addiction. I think if you really want to trade so much, you just need to adjust to the market. In another case, only hold.
This addiction is good for your future. in gambling or drug addiction you will lose your health and money both, besides trading addiction will make you rich and rich with the passage of time. In my view you should not quit trading because of the bad conditions in the market. $6400 is quite good price for bitcoin and few hundred dollars up and down can give you big profit.

Its better to hold your portfolio for sometime and not to do guess work at this market. The fluctuations are high and affecting many altcoins in the way. If you are not confident enough to trade then its better to hold yourself back until the next bullrun.
Long term investment is for those that do not know crypto trading, but a trader I think should not set idle without trading. Don’t be panic and be positive and strong to handle this bearish situation. Quitting for some time is also good but that should not be the attitude of a good trader. You must face this situation. Many traders are making money in this situation they why not you?

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October 26, 2018, 07:46:25 AM
 #403

The price of crypto sure there are will be the bottomed when down trend but we dont know which level price will be become the deepest. We should keep trading to catch the bottomed , and to avoid losss we should be use stop loss. When the price of crypto going down to more than 80% , so we have opportunity to make profit because the price will push.

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October 26, 2018, 08:34:59 AM
 #404

If you don't have the skills to trade in a bear market and still losing many trades then it is time to stop and continue learning some technics on how to make profits even during bear season. Both bear markets and bull markets represent big opportunities to make money, and the key to success is to use strategies and ideas that can generate profits under a variety of conditions. This requires consistency, discipline, focus and the ability to take advantage of fear and greed. So education that couples with actual trading is still the best way to become an skilled trader for both market situations.

The best thing and the perfect choice for a beginner is just to hold. Do not risk - trading when the cryptocurrencies can go down any time can lead you to the fail. It is better to go on learning everything about the cryptocurrencies and wait.

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October 26, 2018, 09:09:55 AM
 #405

How should someone decide this year wherein for almost a year of bearish market? This is crucial for traders. The expected bullish period during the fourth quarter is still far from reality, though the market is a bit stable for the meantime. Would this stability enough for the bullish traders to come back in trading? I think it would be good to back to trading this month because this seems to be the turning point from bearish to bullish. Then, early next might be the much awaited bull run.

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October 26, 2018, 11:36:39 AM
 #406

Not a good idea to trade now for short hours. It looks like a big lull in front of a big tsunami. Of course, a professional can trade in such a sluggish market, but it is also dangerous. Wait for the turn of the market when it is favorable, for example, I am now studying and staying in good icoprojects. I think the best solution so far Wink

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October 27, 2018, 10:39:01 AM
 #407

Many people afraid trading in the bear market but people should buy at the current situation of the market because we will be getting them at cheap prices. Instead of panic about the market better try to learn more trading knowledge in the bear market only.
I think that the market price is trading too much stable which indicate that the price of bitcoin will very soon start increasing and therefore I think that it is the best time for investment, so I think that if you can manage to invest more and more money in bitcoin in current position it will be no doubt a very good decision.
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October 30, 2018, 07:50:05 PM
 #408

This is the right time to accumulate some good altcoin at very low price. After few month bullish market will come. Then you can sell your coins at high price with profits.
The problem is to know exactly which coins to buy, something that it is already very difficult to do with thousands of coins in the market and with many appearing every day, so the best thing to do in my opinion is to do nothing, just wait until the market begins to give some signs of recovery before you begin to buy worthless coins that will not give you profits.
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October 30, 2018, 11:29:05 PM
 #409

This is the right time to accumulate some good altcoin at very low price. After few month bullish market will come. Then you can sell your coins at high price with profits.
The problem is to know exactly which coins to buy, something that it is already very difficult to do with thousands of coins in the market and with many appearing every day, so the best thing to do in my opinion is to do nothing, just wait until the market begins to give some signs of recovery before you begin to buy worthless coins that will not give you profits.
A wise decision rather than forcing yourself to buy a coin which havent really give out some signs of price increase.This is a risky thing actually if you do let your emotions do control you because FOMO
most of the time will really put us on harm.Its better to stand still and do nothing unless if you do have some good analysis when it comes to coin choices then proceed if not then better to keep still.



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November 01, 2018, 05:24:57 AM
 #410

Many people afraid trading in the bear market but people should buy at the current situation of the market because we will be getting them at cheap prices. Instead of panic about the market better try to learn more trading knowledge in the bear market only.
I think that the market price is trading too much stable which indicate that the price of bitcoin will very soon start increasing and therefore I think that it is the best time for investment, so I think that if you can manage to invest more and more money in bitcoin in current position it will be no doubt a very good decision.
First thing I would love to say is that as long as you can make money by trading, regardless of what the market condition are, you should not stop trading because making money makes more money.

However since it is a reality that the economic activities are a bit faded in the bear market just because making profit is not so sure, one should not trade to loose either. The down price gives another chance to own coins that are available at low cost and this is something that signifies the future profit so better earn it.

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November 01, 2018, 06:17:16 AM
 #411

Yes, it is better to stop trading in the market because fluctuation is kept increasing in the market which makes us lose value and fluctuation are kept increasing because of Bitcoin price is not stable and this makes more fluctuating more in the market.
Bitcoin never had a stable journey. If someone says this was it, just check the life of bitcoin. I am sure it wasn’t less than a bumpy road that had so many ups and downs. Things were sometimes in the court and sometimes out. Many had earned so huge and many times they had to lose unintentionally. So, all this doesn’t let you quit from it. Keep your morals high and keep on trying.

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November 08, 2018, 01:43:51 PM
 #412

I think the Bear market is good for buying coins and trading with them. An expert trader always prefers winter for the trade. But If you are losing money in trading then you should stop trading and learn more how to proceed! Without lose, you can not gain in trade. So, I would suggest to do trade with a low amount of money, learn first.

It goes without saying that gaining profit in bear market is not easy at all. And just a few people know how to manage when the whole market is in bad fluctuation, those who have a wealth of knowledge, a world of experience as well as skill, can earn benefit while the market is in dip. Personally, I try to avoid the loss, so I keep holding and waiting. Yup, usually I capitalize on low price to collect extra coin and I think buying is one of the best solution when the market are going down. You know when the market provides us chance to buy low, we’d better take advantage.
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November 09, 2018, 10:59:27 AM
 #413

Yes, it is better to stop trading in the market because fluctuation is kept increasing in the market which makes us lose value and fluctuation are kept increasing because of Bitcoin price is not stable and this makes more fluctuating more in the market.
Bitcoin never had a stable journey. If someone says this was it, just check the life of bitcoin. I am sure it wasn’t less than a bumpy road that had so many ups and downs. Things were sometimes in the court and sometimes out. Many had earned so huge and many times they had to lose unintentionally. So, all this doesn’t let you quit from it. Keep your morals high and keep on trying.
We should because we need that to turn things into profitable in the long run.
Trading is always possible at any situation but we have to consider the right timing, now, with the bear market, this is not a good timing
if you are not an expert trader because it requires proper research in order to arrive an excellent decision.

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November 13, 2018, 10:51:20 PM
 #414

This is the right time to accumulate some good altcoin at very low price. After few month bullish market will come. Then you can sell your coins at high price with profits.
The problem is to know exactly which coins to buy, something that it is already very difficult to do with thousands of coins in the market and with many appearing every day, so the best thing to do in my opinion is to do nothing, just wait until the market begins to give some signs of recovery before you begin to buy worthless coins that will not give you profits.
A wise decision rather than forcing yourself to buy a coin which havent really give out some signs of price increase.This is a risky thing actually if you do let your emotions do control you because FOMO
most of the time will really put us on harm.Its better to stand still and do nothing unless if you do have some good analysis when it comes to coin choices then proceed if not then better to keep still.
Exactly, many people are desperate to begin trading in the market because they somehow think that they're going to miss the opportunity to make profits if they do not do it, they do not understand that each day there are new coins that gives you opportunities to make profits, so the only thing that is going to limit your ability to trade is your capital and your knowledge and you need to preserve them.
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November 13, 2018, 11:26:42 PM
 #415

when the bear market comes like now, I further reduce the intensity of the trade and I prefer buying potential coins for long investments like bitcoin, ethereum, ripple and other good coins. it is very risky to go to the market today

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November 13, 2018, 11:29:22 PM
 #416

No don’t stop trading in the bear market.  Best time to load up and hold coins like CanYa coin CAN. Heavily oversold. https://www.coinspot.com.au/buy/can
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November 14, 2018, 01:52:30 AM
 #417

I think if we have analysis the price will going to down trend is better quit from crypto trading, and we can try to make money by trade in others asset, forex is one of the best asset to trade. There are alot of broker provide forex trading with option of leverage. As trader we should be have skill to trade in all kind of asset.

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November 15, 2018, 04:34:00 PM
 #418

I think you need to rely on your feelings and self-understanding. If you have an understanding and a feeling that you cant earn now, then it is better not to start trading.
You can also consider other options for trading. For example, now many promising coins can be bought at low prices. That is, you can now buy coins for medium and long-term trading.
Or during this time you can improve your knowledge and skills for successful trading. If you raise your level, then you can see for yourself the opportunity to trade.


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November 15, 2018, 08:09:51 PM
 #419

Planning to quit in these bear times is a wrong decision. Remember after Bear times comes the bull race. There is need to  give up now when we are close to the promise land. Trust yourself and kmkw when to quit. There is light at the end of the tunnel
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November 15, 2018, 08:18:22 PM
 #420

Every trader can make money on the bullish market, but bearish markets are more insidious, they will require certain knowledge to trade.

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