Bitcoin Forum
March 28, 2024, 08:16:14 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 »
  Print  
Author Topic: Should I stop trading in this bear market?  (Read 4454 times)
josephdd1
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 513


View Profile
August 18, 2018, 09:23:32 PM
 #61

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.
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
pant-79
Hero Member
*****
Offline Offline

Activity: 994
Merit: 502


View Profile
August 18, 2018, 09:33:45 PM
 #62

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.
rodskee
Full Member
***
Offline Offline

Activity: 2324
Merit: 191


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 18, 2018, 09:38:31 PM
 #63

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

Eugenar
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 278



View Profile
August 18, 2018, 10:30:56 PM
 #64

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.
Thirdspace
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 738


Mixing reinvented for your privacy | chipmixer.com


View Profile
August 18, 2018, 11:52:29 PM
 #65

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

SUDARMONO
Full Member
***
Offline Offline

Activity: 504
Merit: 100



View Profile
August 18, 2018, 11:59:17 PM
 #66

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.
weblouartisan
Full Member
***
Offline Offline

Activity: 448
Merit: 100


Lets Go Adab


View Profile
August 19, 2018, 12:04:13 AM
 #67

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.

jerry0
Full Member
***
Offline Offline

Activity: 1736
Merit: 186


View Profile
August 19, 2018, 12:18:56 AM
 #68

Can someone explain how does one even make money trading in the bear market when everything is down? 
ApocalypseNow
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
August 19, 2018, 01:20:33 AM
 #69

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.
Pattart
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 500



View Profile
August 19, 2018, 01:55:37 AM
 #70

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..
tulezua
Full Member
***
Offline Offline

Activity: 279
Merit: 100



View Profile
August 19, 2018, 02:48:41 AM
 #71

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.
Yamifoud
Hero Member
*****
Offline Offline

Activity: 2702
Merit: 517


Undeads.com - P2E Runner Game


View Profile
August 19, 2018, 02:54:38 AM
 #72

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.

💀|.
   ▄▄▄▄█▄▄              ▄▄█▀▀  ▄▄▄▄▄█      ▄▄    ▄█▄
  ▀▀▀████████▄  ▄██    ███▀ ▄████▀▀▀     ▄███   ▄███
    ███▀▄▄███▀ ███▀   ███▀  ▀█████▄     ▄███   ████▄
  ▄███████▀   ███   ▄███       ▀▀████▄▄███████████▀
▀▀███▀▀███    ███ ▄████       ▄▄████▀▀████   ▄███
 ██▀    ▀██▄  ██████▀▀   ▄▄█████▀▀   ███▀   ▄██▀
          ▀▀█  ▀▀▀▀ ▄██████▀▀       ███▀    █▀
                                      ▀
.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
████████████████████████████
████████████████████████████
████████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
Kaniel-ouots
Member
**
Offline Offline

Activity: 125
Merit: 19


View Profile
August 19, 2018, 02:56:22 AM
 #73

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
Getcoinsite
Sr. Member
****
Offline Offline

Activity: 714
Merit: 260


View Profile
August 19, 2018, 03:03:59 AM
 #74

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
leeheidrick
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
August 19, 2018, 03:24:10 AM
 #75

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
nicolas1979
Sr. Member
****
Offline Offline

Activity: 826
Merit: 252



View Profile
August 19, 2018, 04:55:11 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 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.

██▄     ▄▄░
▀██▄ ▄██▀
▄▄███████████████████▄▄
▄█████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
████▀                   ▀████
████       ▄▄█████▄▄  ▀▄   ████
████      ▄██████████▄▀    ████
████      ████████▀▀       ████
████  ▄▀ ▄██▀▀▀   ▄██      ████
████   ▀▀     ▄▄███▀       ████
████▄                   ▄████
▀█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀▀███████████████████▀▀
.
SECONDLIVE
.
CHOOSE LIFE      CHOOSE SPACE      CHOOSE FRIENDS
.
|    Twitter    |  Telegram  |   Medium   |  YouTube  |   Discord   |    TikTok    |    GitHub    |
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   S T A K E   L I T T L E   W I N   B I G   
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
        ▄▄███████▄▄▄
    ▄▄████████████████▄▄
   ████████████████████▄
  ███████▀▀▀█████████████
 ██████▌     ▀████████████
███████▀ ▀▀▄▄██▀▀▀█████████
██████             ▀███████
██████▄             ███████
 ███████▄▄        ▄███████
  ███████████▄▄▄▄█████████
   ▀███████████████████▀
     ▀████████████████▀▀
   ██████████████████████
goodman4hire
Full Member
***
Offline Offline

Activity: 291
Merit: 100



View Profile WWW
August 19, 2018, 05:06:44 AM
 #77

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. 

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
Sadlife
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 269



View Profile
August 19, 2018, 05:23:43 AM
 #78

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.

         ▄▄▄▀█▀▀▀█▀▄▄▄
       ▀▀   █     █
    ▀      █       █
  █      ▄█▄       ▐▌
 █▀▀▀▀▀▀█   █▀▀▀▀▀▀▀█
█        ▀█▀        █
█         █         █
█         █        ▄█▄
 █▄▄▄▄▄▄▄▄█▄▄▄▄▄▄▄█   █
  █       ▐▌       ▀█▀
  █▀▀▀▄    █       █
  ▀▄▄▄█▄▄   █     █
         ▀▀▀▄█▄▄▄█▄▀▀▀
.
CRYPTO CASINO
FOR WEB 3.0
.
▄▄▄█▀▀▀
▄▄████▀████
▄████████████
█▀▀    ▀█▄▄▄▄▄
█        ▄█████
█        ▄██████
██▄     ▄███████
████▄▄█▀▀▀██████
████       ▀▀██
███          █
▀█          █
▀▀▄▄ ▄▄▄█▀▀
▀▀▀▄▄▄▄
  ▄ ▄█ ▄
▄▄        ▄████▀       ▄▄
▐█
███▄▄█████████████▄▄████▌
██
██▀▀▀▀▀▀▀████▀▀▀▀▀▀████
▐█▀    ▄▄▄▄ ▀▀        ▀█▌
     █▄████   ▄▀█▄     ▌

     ██████   ▀██▀     █
████▄    ▀▀▀▀           ▄████
█████████████████████████████
████████████████████████████
█████████████████████████
▀███████████████████████▀
██████▌█▌█▌██████▐█▐█▐███████
.
OWL GAMES
|.
Metamask
WalletConnect
Phantom
▄▄▄███ ███▄▄▄
▄▄████▀▀▀▀ ▀▀▀▀████▄▄
▄  ▀▀▀▄▄▀▀▀▀▀▀▀▀▀▄▄▀▀▀  ▄
██▀ ▄▀▀             ▀▀▄ ▀██
██▀ █ ▄     ▄█▄▀      ▄ █ ▀██
██▀ █  ███▄▄███████▄▄███  █ ▀██
█  ▐█▀    ▀█▀    ▀█▌  █
██▄ █ ▐█▌  ▄██   ▄██  ▐█▌ █ ▄██
██▄ ████▄    ▄▄▄    ▄████ ▄██
██▄ ▀████████████████▀ ▄██
▀  ▄▄▄▀▀█████████▀▀▄▄▄  ▀
▀▀████▄▄▄▄ ▄▄▄▄████▀▀
▀▀▀███ ███▀▀▀
.
DICE
SLOTS
BACCARAT
BLACKJACK
.
GAME SHOWS
POKER
ROULETTE
CASUAL GAMES
▄███████████████████▄
██▄▀▄█████████████████████▄▄
███▀█████████████████████████
████████████████████████████▌
█████████▄█▄████████████████
███████▄█████▄█████████████▌
███████▀█████▀█████████████
█████████▄█▄██████████████▌
██████████████████████████
█████████████████▄███████▌
████████████████▀▄▀██████
▀███████████████████▄███▌
              ▀▀▀▀█████▀
Hamstead
Sr. Member
****
Offline Offline

Activity: 805
Merit: 250


View Profile
August 19, 2018, 06:04:10 AM
 #79

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.
fastrabbit
Member
**
Offline Offline

Activity: 216
Merit: 16


View Profile
August 19, 2018, 06:10:45 AM
 #80

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
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!