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Author Topic: Should I stop trading in this bear market?  (Read 1483 times)
Reza1893
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August 18, 2018, 08:28:39 PM
 #61

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. What has been sold, let it go, don't touch the initial funds and the profits that you have earned. What has been bought but has not yet made a profit or even dropped in value let it go. The point is to stop for a while. And start again after the market will return to green, but I'm sure the market needs time to go back green.

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August 18, 2018, 09:18:13 PM
 #62

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?
Three can see that the market is fluctuating continuously and it is hard to guess, bitcoin prices are constantly fluctuating and falling sharply in recent days, bear market you should limit the transaction and preferably not to trade on At this point, you wait for the market to stabilize again to continue trading.

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August 18, 2018, 09:23:32 PM
 #63

Its really up to you and how much you can afford to lose and obviously how efficient you are at predicting the direction the market moves into.

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August 18, 2018, 09:33:45 PM
 #64

If you are already tired and don't see the point of continuing to trade, since it only gives you losses, then it's probably time to stop. If you now feel uncomfortable in daily trading, then it's time to change something. Perhaps now you are better suited for medium-term or long-term trade. If you have good and promising coins, even  if you was bought them at prices higher than the current ones, then just leave them. Think more globally. I think that you yourself know that the crypto currency market is always like that. At first the price is greatly exaggerated, then the price collapses, as the correction is being made. Now there is a long correction after a rapid and strong price increase in December 2017. But soon this trend will end, because it is natural. So just relax.


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August 18, 2018, 09:38:31 PM
 #65

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?


Most people f the traders have same question should stop working in tradin in this current situation
The value is difficult tomread and all altcoins hard to monitor which one have potential to in increase
We should know all traders are suffering a lot of loses becuase of bear makrke
I can't you an advice to stop your trading job your the one can decide to yourself what is better for you

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August 18, 2018, 10:30:56 PM
 #66

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 for now and take a risk while the market is still making a hard time to recover from continuous dumps from the start of this year. The cryptoindustry is at its worst right now and that might be a sign for the users to stick to holding for now and wait for the right time to again continue trading and investing.

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August 18, 2018, 11:52:29 PM
 #67

most traders will still trade even in the bear market and make some profits
even in the bear market, there are several waves of price fluctuations that can benefit traders
if you are hodling in the bear market then you cannot call yourself a true trader
investor is a more appropriate title for you Wink

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August 18, 2018, 11:59:17 PM
 #68

you should still be patient with market conditions like this, and you better make another purchase at a low price so you can get even greater profits later.

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August 19, 2018, 12:04:13 AM
 #69

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 that you will be earning profit then just continue to trade, the market is volatile so you will never determine what will be the next value, always take the opportunity when it comes that's how cryptocurrency works.

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August 19, 2018, 12:18:56 AM
 #70

Can someone explain how does one even make money trading in the bear market when everything is down? 
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August 19, 2018, 01:20:33 AM
 #71

I already stopped trading after the first half of this year has passed. You should too because I avoided more losses in my trades. All I do now is check prices once a week and just waiting for that moment that everything go back rising again and I will also go back trading again.

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August 19, 2018, 01:55:37 AM
 #72

Its really up to you and how much you can afford to lose and obviously how efficient you are at predicting the direction the market moves into.
but I suggest to holding back if you are not too brave to take a higher risk, because basically trading at the bear trend is a high risk
and more fluctuate than before, so if you still want to trade be careful, sometimes the price may go down more often..

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August 19, 2018, 02:48:41 AM
 #73

You should not stop trading at this point, you need to cut losses and continue to recreate investment, if the market falls you do not want to trade, this will cause a part to affect the market to reduce prices.

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August 19, 2018, 02:54:38 AM
 #74

you should still be patient with market conditions like this, and you better make another purchase at a low price so you can get even greater profits later.
Isn't the price we worry in trading but it's sustainability for long term holding. We do buy and sell on selected potential coins which surely survive and gains profit even we are in bear market.  Our trades will continue everyday day even we don't have that huge gains at least there is something in returns.

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August 19, 2018, 02:56:22 AM
 #75

you shouldnt stop trading in the market if you are making profit by cryptocurrency like bitcoin amount its allways good even if the $ value is geting lower
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August 19, 2018, 03:03:59 AM
 #76

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?

You need right timing and an expert research before gaining in market like this now,this bear market was not applicable for newbies or for those who has lack of knowledge about the movement of coin values when season like happen.

I myself stopped daytrading for now and let my funds on my folio and waiting for the stabilization of the prices since i already loss atleast 30% of my initial capital for the second quarter


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August 19, 2018, 03:24:10 AM
 #77

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?
.Your story is the same as what I experienced, I lost a lot but I did not give up, I will buy again and still hope the price can recover, I suggest not to give up because I believe that blockchain changes to the world can make people move from fiat money to money crypto and make crypto prices go up
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August 19, 2018, 04:55:11 AM
 #78

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?

You should calculate again, if the profit you have now can recovery the main asset just cut loss and try to find another income out side crypto market, if not please be patient and keep hold it. The market is sideways on the down trend for long term period, this situation will testing our faith and strategy. Don't push too hard it will make you stress and bankrupt. Find the best for you and good luck.

   
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August 19, 2018, 05:06:44 AM
 #79

If your having difficulty in the bear market then by all means take a time out and work on your strategy and techniques.   Do not lose your capital while you attempt to figure it out.  This is a great time to grow your trading playbook. 

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August 19, 2018, 05:23:43 AM
 #80

You should stop if your selling your crypto coins for a lower price when you've bought it in a higher price. If that coin is popular and has good fundementals then you should probably hold it then wait for the right time to sell. Day trading is to risky this days cause you might lose profit unless you're really experienced trader.














 

 

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