What is your opinions about today's trading?

[Bushrat Jahan]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

[1715062173]

1715062173

[Dimon8]

The market is in the next consolidation, so you just have to watch and wait when there will be a steady growth. I think now it is not worth trading within a day, too big risks.

[eaglewhite80]

There is huge uncertainty in the market at the moment. Most of the alts have hit a big time low and have shown some prospect of growth based on recent movement and divergence. However, for BTC which we know apparently controls the market movement, we can see how much $6500 is proving to be a very stubborn resistance and several attempts to try to break it.

For now, it is more like the bulls and the bears trying to have a combat and unless there is a clear signal of who is taking the lead, it is always best to take precautionary measures and try to stay clear until coast is clear, unless you want to take quick profits anyway in some quick fluctuations.

[yla1974]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

The market has become bearish for a long time, and the schedule is shouting about it. Bears are treacherous, so wait until the market reaches the possible bottom, otherwise the robots will disassemble you.

[btc_angela]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Current scenario is very bleak, cold and miserable. It continue to struggle day by day and there are lots of investors who goes out and exit I assume because they don't like what they are seeing. If you know how to be a day trader then definitely you can make a profit. But the risk is too high, if you are willing and know how to short then go for it.

[justspare]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

I think the only reason bitcoin is low and stays low these days is that everyone is watching each other. Whales are watching other whales, smaller fish like us watches what whales decides and it just stays there. The buy amounts are too high for a whale to drop the bitcoin price even further but they have a lot of money and they can lose some of it in order to make more.

It is a risk they will need to take if they want to do that, maybe they will spend a lot of time getting more bitcoin during these low times and they can just let it be and it can go up and they can make money that way or maybe they will buy short futures again and they will sell all their coins which will drop the price and with panic wave affect everyone else will sell as well which will mean whales will make money on shorts. They are just trying to figure out if they can afford spending money to drop and will it do the panic wave affect they pray on.

[aoihs00]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Yes you can do this without any problem and you can do it just the normal way as if you are doing that in the normal trading situation.

The bear market and its impact on the crypto currency is just temporary and how ever it is more than an opportunity for you to set up an excellent trade trend.

I have seen many people asking this type question all the time and for the reason had made an analysis based not he past trading experience and the data from CMC. You can have a look and understand it.

Year 2018, its been rough year until now starting from the first day. When December 2017 hike came into effect then everyone thought that next year bitcoin and most of the Top altcoins will spike themselves by doubling themselves in volume. With that thought in mind most of the people invested heavily at wrong time.

That was the initial event when 2018 started. We surged through mega dump in the period January to February by dropping ourself to 16,000 USD and then 10,000 USD all the way down to 30-40% from ATH of December.

Traders Who Invested in December :

These people suffered a lot due to this kind of drop. They already went down by 40% from initial investment and there is no way they are going to recover that investment until the time they see 16K plus prices. But according to what I read over the forum most of the people with hard truth sold their coins already in the bear and incurred with huge losses ranging from 20-40%.

Learning : This event taught us that whenever the market goes many folds high then its the worst time to invest. Do not think that if the market has hiked itself heavily means it has become stronger and it will grow even further. No, that is the worst outcome you can predict from that. So whenever the crypto currency is in bull run ( ~ 20% + high from initial value) then its not the time to enter the market but to halt your trading operations.


Traders Who Invested in February to May :

These were the traders who had the excited state after the ATH's. They made investment whenever the price dropped below 10K USD during this period. We had 4-6 such occurrences when the BTC price moved from 10K to 8K USD and it was the exact time when you will see heavy rush in the market and more 24 hours volume than any other period. However this was too soon to predict that the BTC might go boom at anytime after tomorrow, then after day after tomorrow but nothing like that happened and BTC dropped even further to lowest of 2018 that is 6K USD by April midway. People took further shot of investing at this period and then this pumped the market to 8K USD by the end of May. They had great time with this peak because most of them got the profits as they invested during the trough and sold at crest. Perfect trade! But not the best one.  

Learning: Investment should not be done in excitement because it may result in some sort of loss which could be unprecedented. In this group not all the people got benefited because many of the bought the coins at 10K USD which was still the highest point until the May. However there were people who bought the bitcoin by looking at the bottom price of BTC which was around 6K USD. Nonetheless they made great profits after BTC started its wave off the trough reaching 8 to 10K USD. So the second group here analysed the situation by somewhat studying the bottom price and made the profits.


Traders Who Invested in May to August :

These are the group of investors who have already understood that this year is not so good for bitcoin and it is all surrounded with the Bearish Trend of bitcoin and even other coins indeed. This taught good lesson and people have now created strategy of buying bitcoin by investing only when they see the bottom rates. Sometimes it is hard to see the bottom rate but with the current years movement it is finalised that bitcoin will never go down to 5.5-6K USD looking at the current trade volume of bitcoin. This group will benefit the most in this year because they are probably holding their coins, they know very well 8, 10K USD is nothing but illusion and what they need to do is, to wait and see BTC moving above 10K USD to have proper sell of from the bear trend.

Leanring : The best thing to do is, research your "trade trend". After looking at 8 months of data one can surely state that we are not going off the bearish trend so easily and thus it might get difficult to get profits in such time. So the best way to keep buying at the troughs and whenever you see the bottom price. DONT rush the bitcoin selling whenever you see little green spikes, that would be mad decision to take because you are still selling in the Bear trend and not profiting with great % share.

Bear Fear

For those who are not capable of having control over their investment can do one easy stuff : They can go for the short term trading along with the swing mode.  Though we are in the bear mode then also crypto currencies keep fluctuating within that bear wave by 5-10% on a day or two basis. It can be done with careful selection of coins with such volatility and still have profits being in the bear. With the time you may think that Bear is nothing and just nausea which can be overcome very easily.

My Conclusion from 2018 "Trade Trend"

I was very much disappointed when I first saw the dumpsters in crypto currencies as my investment in versatile coins was going down very crazy. But over the period I did notice these troughs and crest and cant tell you how important they are while investing into the crypto. Whenever I see wide open graph of BTC or any currency then we can clearly see that from January to August every coin has made a wavy pattern with long troughs and crest and then you realise that you could have bought at lowest rates and that too many times and could have sold at high rates many more times. This way profiting yourself multiple times and by re-inevstign your profits.

Key Notes :

1) There is still great possibility that this trend will continue.
2) There is NO POINT in asking when moon will come, because you can still gain profits whether its bear or bull.
3) Bearish trend is just your fear, it doesnt matter for how long it will stay.
4) Try to look at the smaller picture rather than bigger one, because no one knows the future trends.
5) You don't really need TA and other analysts to let you know whats coming, because you can predict whats the trough and when is the crest to buy and sell.

[berrygood]

I think it will not recover soon, in 2018 or early 2019. My opinion about making profit now is that holding strong coins.

[nicster551]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Still normal for me though I am not going to long for now since we are still on a downtrend and would put a perfect moment to short some coins for me to profit from it.

[katri]

Daily trading might be not beneficial today because of the current situation of the market. I suggest you to hold your coin and don't do trading because most of cryptocurrency today is losing and decreasing in price. Much better if you have huge capital in fiat, you could convert that to cryptocurrency and buy some coin and hold it for a while.

[Pursuer]

you can try trading and you can make profit, but the possibility of you actually making profit depends on your trading skills and experience!
for example one of the methods that you could try to make money is to buy the coins that are dumping hard. for instance when some altcoin is dumped 30%, you buy it as soon as the dump stopped or you saw signs of it slowing down, then buy some of it and wait for the recovery. as it makes a "dead cat bounce" you dump it for profit. this way you can make from 5% to 20% profit but higher profit can be riskier.

[cryptoking1981]

The truth is Crypto has great opportunities to make very good amounts of money EVERY single day!!

The reality is, are you experienced and skilful enough.

You can make good money by just trading one coin ONLY!!!  like ETH, BTC.

Coins like ETH make moves of 10/20 points per day MULTIPLE times on some days!!!

A 20 point move with 50 ETH is $1000.

All you need is a margin/leverage account with $2000/3000, very good trading knowlege and skill.  Willing to take on greater risk for greater reward than other normal investments.

[bitbunnny]

I think the market will recover and now it's good time to start trading and to get prepared for further profit.
The problem is if you don't have enough patience or can't control your emotions. Wanting too much too fast often leads to failure, don't forget that.
So, engage all your skills and knowledge, develope some short term and long term strategy and move on.

[raider150shifter]

Try trading now, if somehow you can earn a profit in today's market
then go on. if you think it is hard to analyze the market now then
stop.

[eternalgloom]

Currently there's huge volatility on all markets and it's pretty easy to predict if the price is going up or down (in the short term).
I usually don't day trade, but I'm making an exception now, just because these significant price swings are perfect.

You'll see the Bitcoin price going up by 100 - 300 dollars and then dropping to its previous levels.
That pattern keeps repeating and if you have the funds, now is a good time to take advantage of that.

[atrocityx]

Trading a bear market requires lots of experience because technical analysis will not save you...  you have to understand the underlying rules of trading and what's the appropriate position.

Theres several problems that can occur and most will not have the experience to deal with it.

1) The first problem is bitcoin is being heavily manipulated on margin... if you don't understand the correlation between bart candles along with shorts/longs and what a short/long squeeze is you are going to get rekt.

2) If you don't understand number 1, you have no chance of trading alt coins since they pump and dump based off of the understanding of number 1.

3) People capitulate more than you think is possible.. this is probably the last lesson you learn in crypto... people will not think like you.. they will do something incredibly frustrating and dumb.. and will capitulate like idiots way farther than you can even imagine.  Don't let your view on trading lead to you assuming everyone knows what you know.  It will get you rekt.

4) Money waiting on the sidelines has a double shelter... you can shelter in BTC or tether.. and that double shelter makes alt coins get destroyed in turbulent times.  People sitting on the sidelines acting like a chair that's being pulled back.. they'll keep pulling it back as long as you keep selling, and once they enter they'll sell at 12% gains or whatever and shelter again as you continue holding and not participating out of position.  You have to understand the thoughts of people who buy near the bottom over someone who maybe didn't if you're stuck in position... would you in a bear market if you bought at 100 sats really have a problem selling at 160 sats?  Of course you wouldn't.. so quit thinking like a  400 sat bagholder.

5)  This market is in a terrible catch 22, where everyone's waiting for ETF and if denied will horribly dump and if approved will absolutely moon off the planet... but either way bitcoin is better than alt coins.. alt coins will not see significant gains until bitcoin takes off from etf and will absolutely get destroyed if denied.  You're screwed either way unless entering and leaving positions scalping.

I'm not saying these as insults in any way, but from my exprience these are things people don't understand and why they get stuck in positions over 50% down.  Buying at whatever price and holding 100% altcoins is not the way to play this market and it will catch up with you (I'm sure this bear market has displayed this).... quit playing the 5 year plan and start playing the cycle... in losses itll take you from 80% down to about 20% down at worst, and will turn 10X over time to 100X or 1000X.

[just_Alice]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

It all depends on what kind of trading are you interested in. For long-term trading or investing the situation now is kind of dramatic, even though there are positive news related to Bitcoin adoption, ETH is making lots of Smart Contracts and new tokens are appearing everyday, which means that the market is alive, trading only basing on predictions can be risky right now. However, the situation is rather suitable for daily trading, Bitcoin goes up and down by ~$200 everyday, just make very accurate and precise trend line and check for uptrends frequently. ETH is better for long-term trading right now, XRP can be used for both means IMO.

[Kygo]

Bitcoin Price Prediction: Short Squeeze Incoming?

https://youtu.be/LlShoAaLPbI


The shorts have had trouble pushing price down. This type of price action along with high short interest is a recipe for a possible strong rally.

If we see the Bitcoin price first take out the resistance at $6,600 and then reach above $6,800 with strong volume, we expect an extended quick move toward $7,600.

[atrocityx]

Bitcoin Price Prediction: Short Squeeze Incoming?

https://youtu.be/LlShoAaLPbI


The shorts have had trouble pushing price down. This type of price action along with high short interest is a recipe for a possible strong rally.

If we see the Bitcoin price first take out the resistance at $6,600 and then reach above $6,800 with strong volume, we expect an extended quick move toward $7,600.

Very very likely, the question is when they pull the trigger... its time for some of these capitulating bears to die

[pant-79]

You can start trading in any situation, you just have to consider your goals. If you just go to the crypto market, now you can very profitable to buy bitcoin and altcoins. This in the future will bring you a good profit. In the current situation, it will be difficult to trade daily, although some traders successfully trade on the bear market. I think that medium-term and long-term trade is more suitable for today. I think that the market will begin its recovery in the near future, but it's probably very difficult to say something, so we all see that now there is an atypical situation. All I can be sure of is that the market will someday be restored.

[racingboy]

With the recent dips I am still scared of entering the market,
so I am waiting for the market to recover I'm sure it
won't be too long though

[coffigayo]

In my opinion today Bitcoin and Altcoin start with a low value, so always think that once we see the value even if we try to take risks in December two thousand and seventeen as might now be produced in the future, it will give us the advantage good. In the current situation, it will be difficult to trade every day, even though some traders successfully trade in the bear market. I think medium and long term trading is more suitable for today.

[yanto@1977]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

I think trade/ invest in this situation is bad decision, sorry about that. Market condition is bad and you'll face big risk, even you have brilliant strategy it will fail. I suggest you see reality as true meaning because it will save your asset and mindset. Keep patience to wait and see you at November 2018.

[deus030518]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

You can do the trading in this bear market but not the day trading, you can do the long term trading. In long term trading you just need to set the order book so that you will still earn even the market is at dump. But you just need to be patient earning in long term cause you need to wait for a long period of time before you earn from the long term trading.

[ocid]

it took a long time for crypto market prices to rise again, but I am sure that in the future the crypto market will recover even it can surprise the holders. we all definitely expect the cryptocurrency market to increase again, patiently waiting is the right decision we can do for now

[tnabielec]

You can always trade in a market wether it's bull or bear, there's plenty of opportunities as long as you've got the tools and the skills to use them. Bear-markets tend to breed strong analytical traders which will reward them in the future.

[rodskee]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Again i will answer positively ofcourse cryptocurrency market will recover in the right time if not jump this 2018 maybe next year will become better i advice do not lose faith stay strong

[vutienthanh]

In my opinion, the market will recover soon. As the market gets more and more bad press, the transaction has lost the volume and trust of investors have not face but with the crypto market. This is where you should trust your decision. In the crypto market, I realize that when no one loses money, the market is hard to survive. Currently the actual application of the project is not much so there is no profitability story here. So the bad performance of a long market is a clear signal for a historic trick to sell off and regret. Good luck

[jujurloe]

I really enjoy trading now because I have started to find the right trends. market turmoil for me needs to steal some profit from the difference.

[harizen]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit?  

Will this market recover soon? Why it should not happened in the first place? And besides even in a bear market there are some price swings happenings in most of the alts so for an "experienced" trader, they can play well on it and make profits.

Can you start doing trading in this kind of trend? Basically yes. But again, based on your statement you are quiet new to this type of activity so dealing in a bearish market like this maybe difficult to you. But honestly this trend will make you more of a better trader since it's challenging to deal with the simple "buy low sell high" scheme.

Now if you are really eager to do trades then learn the basic then take it on actual scene later on. You will never know what will be the result until you try it. Well then goodluck.

[Omega Weapon]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Probably you should hold back and wait a little bit more before trading, I know that everyone in this market wants to make money but when the market is not doing so well what it is the point to go trade? Just to lose your money? Just hold your coins for now and if you see a coin that you like at a good price and you have the cash then it could be a good idea to buy some and hold for the long term.

[Slow death]

Will this market recover soon?

This is something very difficult to answer, you should keep in mind that the regulations are being a big obstacle to bitcoin and that this may take years for the market to recover

Need your suggestions can i start to do trade in this situation?

You mean day trading, of course you can, but do you have any knowledge about technical analysis?
 

how much probability to gain profit?

it depends on your investment and your knowledge

[dunfida]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

If you want to start trading in this trend of the market then start doing the margin trading, you would gain such profit but not that high enough but still you will get a profit and it all depends on your trading strategy if you could gain higher than the normal profit. And the probability of gaining it is just depending on your skill of the market whether how you play them or you will be played by them.

[xuan87]

Yes you can trade, in trading you need volatility to make money, so bear market is not an obstacle for you to make money, all of us wish that the market will recover soon but we can't know for sure, the probability of profit gain will depend on the coin, it's a bit hard to make money in bear market, but it's not impossible

[pant-79]

If you are a novice (and judging by the fact that you ask this question, then it is), then you should avoid short term trading. Nobody knows exactly when the market turns around and if it turns around  at all. At the moment there is a certain situation and we need to act from what is now. Personally, I believe that there will be a reversal. So I will recommend based on my beliefs.
I would recommend now buy by this scheme: 50% in bitcoin, 30% on the eth, and the remaining 20% ​​in a few altcoins from the top 20. All of these coins to leave for medium term or long term trade. But it is necessary to invest with the understanding that profit can appear in a year or even later (it can, of course, and earlier). There is also a possibility that you will lose your money altogether. So think for yourself, but remember: invest only that amount of money that you are willing to lose.

[Rahar02]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit?  

We've been in this bear market for months, the market seems run-down and crypto price struggling to maintain its price which means short-term trading isn't a good option and do not expect to gain big profits anytime soon. in fact, it's the time to amass some valuable coins into your pockets, that's what I'm up to these days.

[icecube45]

Very risky if the market conditions are like that. It will be very difficult to get profits and can even make a loss because it is difficult to predict. I think it would be better to trade later if the market recovers, this will take time so be patient. It's better now to monitor the market first, if it's back to normal to start trading.

[enawati]

All crypto dumped hard and i think now already in the bottomed and will be reversal soon, so now is good times to do trading and to maximum profit we devide the balance 50% for day trading and remaining 50% for swing trading, because anytimes the market can be bull run. In Day trading possible to make profit between 10% to 30% pertrade so is still profitable for now.

[bocyaj]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

[weblouartisan]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

Yes you are right, it was the best time to invest a huge amount today because the market prices are currently dropping ,that is the reason why you should hold your coins or invest even more.

[AnonBitCoiner]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

Yes you are right, it was the best time to invest a huge amount today because the market prices are currently dropping ,that is the reason why you should hold your coins or invest even more.

It's better to hold at the dropping situations.Inverse at the dump will give you some profits.We often able to see some huge raise in the price of bitcoin  at the year end.So it's better to inverse before that period.To get huge profit from your investment,this is the best time.Don't miss your opportunity.
Holding is another option to get profit.

[Pursuer]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

Yes you are right, it was the best time to invest a huge amount today because the market prices are currently dropping ,that is the reason why you should hold your coins or invest even more.

It's better to hold at the dropping situations.Inverse at the dump will give you some profits.We often able to see some huge raise in the price of bitcoin  at the year end.So it's better to inverse before that period.To get huge profit from your investment,this is the best time.Don't miss your opportunity.
Holding is another option to get profit.

wrong! when price drops, specially price of an altcoin, it drops below what can give you profit. for instance imagine an altcoin worth $300 when the drop starts it goes down to $200 and then the recovery is to $250. if you hold when the drop is starting then you lose $50 per coin or 16.6% of your investment. but if you dump immediately as the dump starts and buy back at the bottom ($200) and then sell after the recovery you will make profit equal to 25%

in short holding something that is getting dumped is not profitable.

[nicolas1979]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

You can start trading activity any time you want but for this situation demo account is needed as first time. Need to know market works and face risk is basic knowledge you should have, with out that your strategy will fail. Probability is relative, you can do that by set your stop loss and take profit point depend your money management. Practice first and good luck to you.

[IriskaLate]

As you can see, while the market does not intend to move sharply forward or backward. But there are small fluctuations-they are natural, they can be calculated and earned a little. As it will be further - we will see, there is a hope that October will be a good month for crypto-currencies.

[kumiskura]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

Yes you are right, it was the best time to invest a huge amount today because the market prices are currently dropping ,that is the reason why you should hold your coins or invest even more.

NO!
Right now i am expecting us to see another 'huge' downward first before the pump.
why ? it's pretty simple,it's all because of people sentiment,just look at our current price.whenever we are making a move,instantly in a couple hours/days the price dropped significantly to around its before.which means people still felt hesitated and not sure about what is going on,
right now we are in the middle of nowhere,well many people usually called it as capitulation(as a trader it's an opportunity,but right now it's not the best time according to my logic).
so,wait a little bit.we might see it in around $6000 or below that point,and then the price goes up again.

[Aikidoka]

I think it will not recover soon, in 2018 or early 2019. My opinion about making profit now is that holding strong coins.

I believe otherwise. The market is going to recover starting from October. That is what I believe in most. And if it will not happen. Then I will get disappointed. People need to get others to buy crypto because the more the demand on the market, the much the price grows and recovers. Added to that statement, holding strong coins is a good strategy because they are not considered to be scams. So either way, it is just a matter of time until everything gets back to place.

[Gadhoh]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Maybe you already know the market is not good now, but it depends on you indeed you are a short-term trader to make a profit in the bearish market this may be a little profit that you can get but even high risk you will get too.
it's better to invest safely, at least withhold or wait and trade long-term, even though it's long enough but the profits can be obtained with a large amount, yes I don't recommend you for that, the choice is yours

[mey466]

it's hard to get up in my opinion, seeing slow movements is difficult to make short trades, maybe the most appropriate step to buy as much as possible and hold it until the market returns

[Swapster]

If you are day trading, look for high volume alts with strong moves. These can provide better daily gains. Right now i am trading Nano...  400% gains in last two weeks. Eth has been flat in this same time likely due to Ethereum genesis whale selling off large amounts... staying away for now. Hard to see which way btc is going to move, but some alts are roller coaster.

[Omega Weapon]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

If you think that the price of bitcoin is going to go so high then I need to ask you a question, why do you want to trade your coins? To me that doesn't really make sense, if you think that there is going to be such a huge bull run then the correct decision is to hold your coins, and if you can to buy even more coins, trading in this case is just a big waste of time.

[wayancrypto]

Many altcoin just pumping from the bottom and this is good sign to make profit from crypto trading. To make profit from crypto trading in bearish market we should be wait patient to get bottomed price so we will earn big profit from it. Any crypto was going up 3 times after dumped hard. So keep patient is key to make profit and avoided loss in trading.

[deppil]

This is the right time to get into trading.As expected,the price of bitcoin is reached 6700$ .So we can expect the value of 8000$ ,before end of this month.
At that time,you can't buy at this price. The price of bitcoin will reach 15,000$ ,before this year end.If you had inverse your savings in bitcoin and hold this year end.You will get huge profit from it.

Yes you are right, it was the best time to invest a huge amount today because the market prices are currently dropping ,that is the reason why you should hold your coins or invest even more.

Prices are rising and we have reached the price of $7k today. I think prices will continue to rise so for those of you who have residual capital it's better to buy it now. because this is a good opportunity to make a profit in a short and easy way. believe me prices will rise in the next few days

[gayan7788]

the market is not stable all coin are down, i think btc is an open bull run day trading is stopped me all coin are holding next year btc eth very low price my hope is eth go to 500 points next month

[kynaz]

If you are day trading, look for high volume alts with strong moves. These can provide better daily gains. Right now i am trading Nano...  400% gains in last two weeks. Eth has been flat in this same time likely due to Ethereum genesis whale selling off large amounts... staying away for now. Hard to see which way btc is going to move, but some alts are roller coaster.

Nano showed the most impressive recovery in recent days and I was right when choosing this investment. Most investors are happy about this investment but should be careful and consider selling if there is a lot of bad news about this market because anything can happen.

[nguli]

I think trading today is very good and very profitable because some coin prices are currently experiencing price increases so you have to be able to take advantage of this moment.

[Kadot amoh]

Today's trading is still like last week, I have not dared to trade at this time, I will start trading waiting for the price of all coins to start high, everyone has to wait for prices in the trading market to rise.

[herurist]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

This is bad time to start trading, if you want just try with investment method using long term period. To decides how much you want profit is up to you but calculate first with your money management asset and back up fund. Don't push too hard in this situation, low prices doesn't mean good sign for trade.

[ajiejot]

It's good to trade also in bear market, because you can shopping with very big off, also you can try some exchanges that has futures contract, you can do short trading or you are against the market, or long you are favor with market or expecting it to pump. My trading now is really good.

[jhony525525]

Good to trade now or day after the market is good and selling ration is less as compared to buying and i hope that trading is the best ever business which is the profitable way of making money as trading is very risky too for it the market is good right now.

[Mr_Akbar]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

I know I'm just some random person on the internet, but trust me - there is tones of money to be made trading crypto, bull and bear markets both. If you're looking for resources, lots of folks on this forum have given great suggestions. I would put forth a slightly different kind of resource: a group of traders to bounce ideas off.

One of the cool things with crypto is that the folks in the crypto space are generally pretty technologically savvy, which leads to some pretty cool opportunities.

I found a discord group that is super helpful when it comes to learning how to day trade, and I've seen tremendous success with them.

Check it out! Voodoo Crypto

[lucretiareaves]

This market is hard to rebound, very little up and down is not much, I think profit is 5% very appropriate in this market.

[metribitcoin]

Right now situation of crypto market is better than previous month, i can make some profit around 10% to 20%  pertrade, its very difficult to predict the situation of crypto market and to avoid risk is much better use stop loss on every trade. Many expert trader and youtuber said  bull market will coming and i hope this is become reality soon, but actually no body can predict it in accurate.

[jeniferqueen0409]

This market is hard to rebound, very little up and down is not much, I think profit is 5% very appropriate in this market.

It is hard to rebound at the highest price, generally the market has bottomed out and can only grow. If we choose a bitcoin price of $10,000 to recover, it will not be too hard.

[monster2]

Weaken the money today because of the collapse of over many coin including bitcoin so most of us traders have no income and investment losses.

[rudox]

After the rally of last year 2017 and early part of 2018  the market value dipped and has remain bearish ever since till today. Though it can be attributed to the threat of ban and regulations being sent by the various government and their agents. If the ETF last month was successful may be it would have been a different story for the price.

[tnabielec]

Market has been fine even with the dip, you don't need bull market to do trades. There's many options to choose from by going Short and make the same amounts of money you would make in bull market.

Sure it's harder but still totally doable.

[Dheo]

Weaken the money today because of the collapse of over many coin including bitcoin so most of us traders have no income and investment losses.

This month is the month that really hard to get profit, we need to wait for how many days before get some profit and the profit you will get now is very small.

[AlNu]

At the moment, a very difficult situation on the market, I hold my assets and recommend to everyone only hold. I am confident that the situation should soon change, perhaps all are waiting for the decision of the SEC to start growth.

[sulendra12]

Weaken the money today because of the collapse of over many coin including bitcoin so most of us traders have no income and investment losses.

Not all traders have no income especially if they know what they are doing when such cases happened. Like if the price suddenly goes down, they know what should they do not just grumbling like crybabies about the dip and such. Even though the price is falling down, still there are people that uses this chance to earn more money.

[Adrin]

Do you mean day trading as today’s trading? If so then I can suggest you for trade as less amount as you can. After this you need to watch market carefully. It is very simple that after open a trade it takes up to five to ten hours for a good movement. So always try for catch a perfect time when price goes low I mean lowest in the day. But it is so hard to pick up such time. So better if you buy it in the morning and wait till afternoon for sell. Be sure about 25% to 40% profit catches. This profit is enough for a day trading.   

[weeks65]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

I think you should not trade at this point, you can see that bitcoin prices are fluctuating continuously and are falling sharply over time, so I think if you trade at this time risk ro will be very high. The market is bearish in the long run so the price of bitcoin and altcoin will be very difficult to recover and according to my analysis, it will continue to fall deeply.

[Omega Weapon]

It's good to trade also in bear market, because you can shopping with very big off, also you can try some exchanges that has futures contract, you can do short trading or you are against the market, or long you are favor with market or expecting it to pump. My trading now is really good.

Trading can be very profitable in a bear market, I will agree on that but if you have a lot of cash on your hand and you have the patience to wait for a few years then I do not really see the point of taking a huge risk when you could just buy any coin that you like and then just wait for the market to recover and obtain some easy profits in the process.

[Getcoinsite]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Market is full of mysteries things happens in just a short perion of time,it may grow or drop but this is a what we called Healthy market and will provide us good income if we only know how to deal with this.

You asked about if this may recover?who knows mate?but one thing i am sure of that i have seen this for how many times still the cryptocurrency stands and make a huge climbing of prices last December so why doubt the capacity of our precious community?

[JeassonHunter]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Todays trading is to difficult because prices going depth

[Sbarif]

My opinion about market strong Coins holding profit now. Because some coins price are currently experiencing price   increases.

[Jombrangs]

For me it is very normal since even the real cash was inflating so it is. For this season maybe it is the drop because lat year of December 2017 was a increase. Trading of course nowadays are more active and people in the industry of crypto was maybe doubled or tripled because of the increase last year. So many people now are having some work on the market finding a chance to get some good coins and tokens.

[rainezerr401]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Trading today is not good because the market price is very low and that is the reason why you should be more patient about the market in order to avoid losing a huge amount of your coins that you are holding.

[daicavung]

So today, patience holds, because only new holdings can give you income in the future, now the price of the coin continually decreases only the top 10 coin on the CMC. can bring you high profits

[duyduc256]

So today, patience holds, because only new holdings can give you income in the future, now the price of the coin continually decreases only the top 10 coin on the CMC. can bring you high profits

The top 10 coin prices are very cheap at this time but there will be many people hoping for lower prices because the market is really unstable and selling panic is still going on daily so it is difficult to choose. I personally will invest when I know exactly when the market enters the uptrend period because this is the time when most people operate.

[darthmaul]

So today, patience holds, because only new holdings can give you income in the future, now the price of the coin continually decreases only the top 10 coin on the CMC. can bring you high profits

The top 10 coin prices are very cheap at this time but there will be many people hoping for lower prices because the market is really unstable and selling panic is still going on daily so it is difficult to choose. I personally will invest when I know exactly when the market enters the uptrend period because this is the time when most people operate.

Hoping for the lower prices is good thing because that is the actual entry point one should have for the better trading and profitability. Above this, you are also saying that you will enter the market when it starts to go in uptrend but I would say that is the worst idea. Many people forget that when uptrend starts then it may or may not be the real uptrend and thus you may fall for the FOMO investment which is called as Fear of Missing Out! This fear can lead to unwanted entry point into the trading. The profits can only be achieved when you are in the lower trends and securing your entry point as that can be recovered very fast.

[asayoyaasa]

Trading is hard, this why we must have knowledge about details of trade. Even in bear market we still can earn money.
If you will start to trading today, you better just use little amount, no more 25% of your fund. The market situation can be fall again.

[LSt56]

That's right, the current market conditions are very difficult to predict but behind this market decline many traders take part in good profits. so basically trading in current conditions is a good thing as long as we do it right.

[BitBite5]

It's much more difficult than before and it's much harder and risky to make the profit.
There are many traders out there but only few are realy successful. Also, you need a lot of knowledge and time to invest in trading and there is still no guarantee you will be successful.

[robotrobert]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Todays trading is to difficult because prices going depth

The value of Bitcoin was decreased 2 days ago by 300 US dollar price and yesterday it has improved a little bit so we can sell for difference in price if we are in profit then. But this profit will be small and Bitcoin is known for its high potential of giving us profit so why we sell for small profit is irrelevant too. Now traders should buy more in quantity which will be in their benefit.

[3x2]

If thinking today as a month or year then my opinion is to have fiat, as soon as i don't see a strong upward rally i will never keep money in crypto , already lost much in life dont wanna continue.

[filtyfrank251]

The market is currently at a very low price, although the market is growing slightly back, but I also do not believe that the market will recover strongly at the end of 2017. That is the hardest.

[greeklogos]

Some people have luck in trading even when the market is bearish. Unfortunately I am not one of them. Honestly I hadn't much luck even when the market is bullish. My current strategy - buy and forget till bitcoin will not come to 20k again.

[Rhego]

I can not trade today because all my investments in subcoins. Instead, I chose a more robust subcoin and continue with them. I think it would be more helpful in the future.

[gorodi]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Even in this market some manage to make a profit but I do not risk now to trade. I think it's better to wait 2-3 months until the market stabilizes and starts to grow.   

[Babyrica0226]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

My answer is Yes, while the market now was in red market though some alts are not in red because of the system of pump and dump concepts only. Then, while the market was in downfall situation its very hard to predict what could be the price or value of altcoins. Even in the applications of day trade hard to predict, even we knew its the wisest thing decision to make  for us to make earnings in the end.

[perla]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Even in this market some manage to make a profit but I do not risk now to trade. I think it's better to wait 2-3 months until the market stabilizes and starts to grow.   

Some people did that, maybe that is why volume in each market not really high like when hype come. People start to hold and wait market until it is on good condition to trade. I hope it can back like in 2014/2015.

[jony35490]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Yeah current market situation is not good. Still bear market going on. This time is not so good for trading especially short term trading. Only expert knowledgeable trader will gain profits on this bear market.

[beerlover]

current market situation is not good. Still bear market going on. This time is not so good for trading especially short term trading. Only expert knowledgeable trader will gain profits on this bear market.

But, I am really glad that it is kind of stable these days. I have some work to do and I will be paid and when its swinging sometimes its great because whatever I am paid it increases in value and I make an extra profit however I rather not have that and get rid of the times when the price goes down and I get less money for my work because btc dropped.

Trading is not something just the traders do, us people who have investments in bitcoin have troubles trading our currency back and forth as well when the swings are too high so when its stable I am always grateful and happy that my work is getting paid whatever it is without me losing any money on trading.

[richcorner100]

After dumped hard the price will consolidation by going up and down in the that level area, we can see now the price of many altcoin still stay in the bottom, so this current situation is good way to do day trading and if the price breakout from the resistance level that will be any indication the price will bull run so we can set the target profit higher.

[mabell943]

Today’s trading is great experience because many investors and traders will obtain income.
The market value of different investments is increasing and that is a good indication that the market is in healthy condition. Through this many people will become more interested in trading business,

[herfie.chen]

Today is a good day, market are green. If you buy coins a few days ago and sell it today, it will be very profitable

[AdoboCandies]

The red days in the market will end before the end of October, actually it is normal you can see some panic sellers from different tokens and you can see some fuds waiting for an opportunity to grab their tokens, I think in this year the trend on crypto has lessened unlike last year where you can see the crypto trend all over the world but who knows let just wait for the trend to come again so we can gain some profits.

[AizawaRina]

i think nowaday trading not easy like it before. this year is the bad time to invest

[Xising]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

Well, it's really hard these days. The only hope we have is that if the market would recover soon and help the coins most people hold to increase in value as they should be months ago. However, as a true believer of the market, I am pretty sure that it would have that increase we have all been waiting for soon enough because many news and market movements leading to such activity as at play. For example, Ethereum, which has dipped quite a lot in the recent months, is beginning to gain back its value, before it fell to around less than $200, but now, it is at around $240, so I guess we would just have to stay positive some more, finding solace in the fact that the market is still showing positive movements.

[gurang]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

well everything is gonna be fine soon it will be recover just believe that we overcome what trials came from us just ready and relax

[Ziskinberg]

i think nowaday trading not easy like it before. this year is the bad time to invest

Yes.I also see your point.I think trading with the current dump market might be quite hard and difficult.Traders should only trade a small amount so as not to be painful when you get lose.Day trading might still give you profit but surely the risks is really big knowing that you will only lose when the price market suddenly fall even more.

[HadaMichiko]

the market today is not good for invest man. so i choose the way to invest the new ICO. maybe i can get money by ICO

[bitmonkey455]

Swing traders heaven, if you have the funds and awareness that is. I'm sure plenty of us here have already noticed a certain pattern that the market's following. It's the same thing with up/down for the last 4 months already. Although it's almost the end of the year already, so i suspect ETH/alts will probably be making some moves soon. Watch out for that.

[Keyboard PC]

in my opinion, daily trading is very profitable, but you have to have a lot of capital and make sure you also have the skills to be able to determine the right time to buy and sell coins at the right time so you can always get a profit and one more don't be easy panic.

[el kaka22]

the market today is not good for invest man. so i choose the way to invest the new ICO. maybe i can get money by ICO

Do not deceive yourself, because if you have been monitoring ICOs and if indeed you have been investing in them, you would know that once any new coin hits the market at this point, the chances and likelihood of seeing it go down hugely is there. We have seen a lot of ICOs that have lost their value hugely in this period and some are far way below even their ICO value, so in that case, what do you have to say to that ?

Trading is generally not for those who are ignorant of the market, and if you think investing in this market is something you should not be doing when the market is extremely down, that simply just shows how little you know about the market generally.

[visionE2]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

I think we can still get benefit when the market is bearish because it is not always red, there must be some green conditions where we can take profit whereas it isn't much, all we have to do isn't be too ambitious on big profits

[StarofBTC]

i think nowaday trading not easy like it before. this year is the bad time to invest

Trading was never easy, the only reason why you saw it that way was because you thought that trading was that easy before was because you probably started trading in a bull market and trust me, even my ignorant granddad will call the shots in a bull market since the market tend to move upward and this is what a lot of people always tend to look at most of the time anyway.

We have been in a bear trend, and without some good knowledge and most especially some great experience you have garnered in the past, trading a bear market is always going to be difficult no doubt, so most times, I see it is as a period for only the pros and those who already have some experience and a good one on how to play with the bear market.

[avarnet]

for trading today it's better than last month, especially if you want to be patient waiting then to get a big enough profit it's easy even though you have to wait

[raghovsing34]

We are now experiencing a bear market and what is your thinking about the current scenario of market? Will this market recover soon? Need your suggestions can i start to do trade in this situation? If i can do trade in this market and how much probability to gain profit? 

At the moment it is very hard to say that when market will recover. If you want to start trading on this bear market, it is not so bad decision. But for this you need to be careful while trading. If you can do it properly then you will get good profits even on this bear market.