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Author Topic: Should I stop trading in this bear market?  (Read 4207 times)
readygoaw
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November 25, 2018, 03:54:08 PM
 #481

In the current market situation you can't make profit in short-term trading, so if you have got funds then it would be good for you to go for long-term trading. Buy some coins and hold them for a few months, if not longer.

Only the luckiest guy or a true professional can make good money trading when the market is down. It will be safer if you "forget" about your cryptocurrencies for some time and wait for the bulls.
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November 25, 2018, 05:19:02 PM
 #482

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November 25, 2018, 06:28:06 PM
 #483

In the current market situation you can't make profit in short-term trading, so if you have got funds then it would be good for you to go for long-term trading. Buy some coins and hold them for a few months, if not longer.

Only the luckiest guy or a true professional can make good money trading when the market is down. It will be safer if you "forget" about your cryptocurrencies for some time and wait for the bulls.
no, everyone can get money if the person has a good plan, is good at finding opportunities and patience in trading can certainly make money in this bear market but it doesn't have a big advantage

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November 25, 2018, 07:42:48 PM
 #484

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?

Simple people like you or me dont know when will be grow and will it be at all. It is all about risks. May be bitcoin will be in January 20 000 $ or may be 1000 $. If you believe in growth continue mining, if you dont believe- stop. For me- I dont mining but I keep different tokens in my wallets and wait their growth.

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November 25, 2018, 07:54:05 PM
 #485

if my advice is continued, I will do it by way of long-term trading or holding, because at this time to get profit when trading, it is still difficult. so if you trade long-term, the benefits you will get will be easy and your income will be large

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November 25, 2018, 11:19:41 PM
 #486

Maybe you can go on with your fiat cash it will be a great way to earn money am sure Once the bearish is over you will have like 10X gain or more

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November 26, 2018, 05:19:23 AM
 #487

if my advice is continued, I will do it by way of long-term trading or holding, because at this time to get profit when trading, it is still difficult. so if you trade long-term, the benefits you will get will be easy and your income will be large
long term was best strategy to face long bearish like this phase.we have some benefit by doing long term strategy on of themm was our psychology and emotion could be stable.

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November 26, 2018, 09:02:52 AM
 #488

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?
That's right, I agree with you and all you explain is the truth.. I have suffered a lot of losses due to falling prices. Most traders will not be able to fight this very bad market situation. I have not dared to spend funds to invest now.

as far as i know, you can still get a satisfying profit from trading even during a bear market like the current situation that we're in but you should really have to look for a good timing before entering a trade. make a trading plan and stick to it, practice yourself to be satisfied even with a little profit because it is much better than to have nothing and also always set a stop loss if necessary.

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November 26, 2018, 01:15:35 PM
 #489

So far I know bitcoin is now below $4k really bitcoin passing its hard time but you should not stop trading. Keep trading with applying the best strategy if you want to make profits in this sluggish market you should be careful and patience to do the best in trading.

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November 27, 2018, 09:45:49 AM
 #490

please don't
the bear will soon retreat.
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November 27, 2018, 11:08:04 AM
 #491

I would paraphrase this saying should i stop I trading at bad times? I mean even when it's bearish lots of experienced traders manage to buy the lowest price and then make fortune when it's bullish again. So stop trading all the time and at bad times, watch.
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November 27, 2018, 11:12:40 AM
 #492

So far I know bitcoin is now below $4k really bitcoin passing its hard time but you should not stop trading. Keep trading with applying the best strategy if you want to make profits in this sluggish market you should be careful and patience to do the best in trading.


nice point mate. Another thing to consider would probably average the investment altfoli
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November 27, 2018, 12:01:08 PM
 #493

So far I know bitcoin is now below $4k really bitcoin passing its hard time but you should not stop trading. Keep trading with applying the best strategy if you want to make profits in this sluggish market you should be careful and patience to do the best in trading.
its hard to start trading again moreover our asset value decrease alot in previous downward.except we have more money to rebuy all cheap coins in market.



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November 27, 2018, 02:34:23 PM
 #494

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?
That's right, I agree with you and all you explain is the truth.. I have suffered a lot of losses due to falling prices. Most traders will not be able to fight this very bad market situation. I have not dared to spend funds to invest now.
Trader should be able to gain profit when the market goes up and down. You should learn how to short.
I just can suggest you to try trading demo like coins2learn.com and try to learn how to sell and buyback, maybe you could try another demo sites that provide a margin trading feature.
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November 27, 2018, 11:29:48 PM
 #495

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?
That's right, I agree with you and all you explain is the truth.. I have suffered a lot of losses due to falling prices. Most traders will not be able to fight this very bad market situation. I have not dared to spend funds to invest now.
Trader should be able to gain profit when the market goes up and down. You should learn how to short.
I just can suggest you to try trading demo like coins2learn.com and try to learn how to sell and buyback, maybe you could try another demo sites that provide a margin trading feature.

Its hard to trade knowing that almost all coins are down but it is possible to earn a profit only if you trade on other assets (e.g forex  , stocks , etc ) because they are not volatile when compared to cryptocurrency  .  the only downside on trading them is that you can only earn a small profit  but that is better than nothing at all .

 also , many guys said that trading with these kind of assets are a little bit harder because they are using old method or system , not unlike to cryptos that may seem to be understandable even if you are a still a newbie .
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November 28, 2018, 05:23:00 AM
 #496

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?
Will trading in the bearish market  consist only small profits thats why,mostly all traders are afraid to make a trading at  this bearish moment,therefore mostly of us are holding our crypto coins and wait the moment the bullish will come,otherwise even though the market is still struggle we can continue to cultivate a good in investment trading little by little even in a small amount,as long we become contented.

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November 28, 2018, 05:32:58 AM
 #497

Basically, trading on a bear market is really very difficult, especially when prices are declining so fast. even I feel that the risk might be around 70% higher than trading when prices are stable.

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November 28, 2018, 06:56:22 AM
 #498

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?
It is very risky to do trading while bear market is occuring because it is hard to predict the movement of the coins. There are a lot of people who lose their money because they trade while the bear market is occuring.

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Johnzky
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November 28, 2018, 07:13:15 AM
 #499

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 dont know what can you say about this market now?when the value of bitcoin drops to $6,000 your trading habit got compromised what about today?when the price got almost half of whats the value the time you posted this?
Trading is not a game,thts why you must not get addicted.what you must do is focus and allocate enough time to progress and become successful

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Elmer Grant
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November 28, 2018, 09:45:07 AM
 #500

For example I stopped trading. Just buying more crypto. Also I started to look for a new exchanges. Maybe they will propose somehing new. From the last one I find an interesting this one Velvet Exchnage https://velvet.exchange/ . Grat functions. You can make it up to you. Nice presentation. Right now waitning for a stat. Maybe will be some new functions.
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