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Author Topic: Should I stop trading in this bear market?  (Read 1399 times)
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August 19, 2018, 06:04:10 AM
 #81

I've doubt if all traders will risk their money during this time. Our market is quite hard to work for due to its high volatility but our life still going on in order to survive. Though we never wanting this kind of market but we can't neglect this to strike again.

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August 19, 2018, 06:10:45 AM
 #82

Just let it go down now and we will bounce up even faster . And please do not panic now or at least buy back later but do not miss out the bounce, because I am almost sure it will happen. i will keep buying at low prices. thanks

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August 19, 2018, 07:25:01 AM
 #83

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 facing consequent losses in your trade then you must take a break and that is what I have learnt from my experience.
I had started trading long ago and faced huge losses in the beginning of my trading journey. I didn't what to do and so decided to take  a break from trading. I analysed the market and when I felt I was confident enough to start trading again only then I started again. You can take a break as well until the market conditions become alright or you find the bottom of the market to buy in.














 

 

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mornabo
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August 19, 2018, 08:06:09 AM
 #84

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.
That's what to do if you've bought at a higher price before, you have to know that the market won't always be in a bear trend,
so don't do cutlose if you still think that the coins you buy have great potential to go up again Wink

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August 19, 2018, 09:15:07 AM
 #85

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.
That's what to do if you've bought at a higher price before, you have to know that the market won't always be in a bear trend,
so don't do cutlose if you still think that the coins you buy have great potential to go up again Wink
Better to hold for a while and wait for the price back at the moment that you bought your coins, this is what I have to do now.
Taking a break from gambling than cutting your lose that there's nothing possible that you might recover unlike holding there's a big chance not to lose your fund in the trading exchange site.
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August 19, 2018, 01:19:27 PM
 #86

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.
That's what to do if you've bought at a higher price before, you have to know that the market won't always be in a bear trend,
so don't do cutlose if you still think that the coins you buy have great potential to go up again Wink
Better to hold for a while and wait for the price back at the moment that you bought your coins, this is what I have to do now.
Taking a break from gambling than cutting your lose that there's nothing possible that you might recover unlike holding there's a big chance not to lose your fund in the trading exchange site.
Yes i agree on that. It is really better to hold or maybe wait for the price go rise up high, but I think the best thing to do is to buy more if we have more capital because the market will not going to fall forever. It will maybe rise soon in the next few months or maybe a year.

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August 19, 2018, 03:58:28 PM
 #87

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?
Bearish market is the perfect opportunity to invest more on bitcoin and some of the altcoins. Yes trading can be addicted, and this bearish market can be a hindrance for some traders, but you should switch your strategy from day trading to long term investment and wisely choose your alts to invest and hold it until it reaches your target sell goal.

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August 20, 2018, 04:53:33 PM
 #88

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?
Bearish market is the perfect opportunity to invest more on bitcoin and some of the altcoins. Yes trading can be addicted, and this bearish market can be a hindrance for some traders, but you should switch your strategy from day trading to long term investment and wisely choose your alts to invest and hold it until it reaches your target sell goal.
You write correctly. Only now the author already has some altcoins, so now he doesn't have the opportunity to buy at low prices. He's just in despair that his deposit is diminishing. But it's good that he has good coins, which will be restored when bitcoin grows in value.


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August 20, 2018, 04:59:33 PM
 #89

I think you would better to suspend your trading until a new bullish market. It is not just my stance about the current market state. Many of prominent investors suggest newbies to wait until this bearish market will be over. Unfortunately I do not know when market will become bullish again. I watch market quotes every day trying to find something interesting what I can buy. Currently I have been attracted by ethereum it seems for me that ethereum can grow up to 500$ in next couple of months. I have bought ethereum and I hope my investment will be successful 

Suspend but not quit. It will be better if you just hold the cryptocurrencies you have in your portfolio. Wait until the market starts to go up, and the bullish trend will come.

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August 20, 2018, 07:27:55 PM
 #90

I'm not selling coins at all now! Waiting for the right moment to arrive! At the same time slowly buy a few other coins for the collection)
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August 20, 2018, 07:54:03 PM
 #91

"Trading is like an addiction" haha yeah, true, have you read Elder? btw on the bear market its hard but still possible to make profit, Im daytading with CrypScan service

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August 20, 2018, 11:37:38 PM
 #92

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?
Bearish market is the perfect opportunity to invest more on bitcoin and some of the altcoins. Yes trading can be addicted, and this bearish market can be a hindrance for some traders, but you should switch your strategy from day trading to long term investment and wisely choose your alts to invest and hold it until it reaches your target sell goal.
Right.You can still make this bearish market a time to improve your portfolio by buying more potential coins that are in bargain today and keep them holding until you see the price the perfect time to sell.Trading with this bearish market might be quite hard so better wait for a little price increase in the market.

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August 21, 2018, 04:37:12 AM
 #93

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.
Yeah you have to stop it if you want to sell it at a lower price it will only make you lose, you have to know that if there is a bear trend, there will definitely be a bull trend and it's only about the time before that happens, the most appropriate thing is to hold it his will avoiding from losses

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August 21, 2018, 05:32:43 AM
 #94

If you cannot trade with this bear market you can do the long term trading. So that you will not lose and you can do other work other than doing the trading so thateven if you cannot do the trading you can still earn and there are many alternatives in trading when you cannot do it. You just need yo find some other work that you can do. You can also buy some coins when the market is at bear so that when the market gets high you can trade it right away. Just be hardworking in finding ways on how to find other alternatives to trading.
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August 21, 2018, 05:36:14 AM
 #95

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 most sincere advice you should stop investing now. At present there are many traders who invest formulas and they have completely lost. The whales have changed tactics and everything seems to have ended. So wait for a new market, and start over.

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August 22, 2018, 11:55:19 AM
 #96

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.

It is insane to sell the cryptos right now when the price of them is so low. Some professionals can deal with day trading but the beginners should simply stop any activities - just hold.

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September 06, 2018, 09:01:29 AM
 #97

I do not want to stop trading because I still started this, what I am doing now is still observing even though I do not make transactions. I still hold coins for a while
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September 06, 2018, 09:11:35 AM
 #98

If your trading is repeatedly ending in losses to your portfolio,  it will be wise for you to stop trading until the market stabilise and possibly in upward trend.  Bearish market trading always lead to losses!

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September 06, 2018, 10:05:16 AM
 #99

The bearish market has lingered for a long period of the year 2018. The effect is shown on bitcoin and crypto currency holders where their portfolio has been on constant sliding southward. It makes no economic sense for any one to continue to hold so many had released their coin even at a loss. The market sentiment for now favor those with much money they can afford to lose are the once buying at these rock bottom price for  hoping for a price  to re bounce and send them to the profit margin so that they can make out a little profit. The truth remains abstaining for now remains golden waiting for the bulls to return and take control of the market.

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September 06, 2018, 10:07:27 AM
 #100

for now the best and safest way to trade is to stop first and continue to buy coins that have great potential to be used as investments or to hold in the long term so that you can get a good profit....

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