Hanebel
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December 10, 2018, 02:11:29 PM |
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Trading could be the way to increase your wealth but it also can decrease your wealth, and trading in bear market is a dangerous situation,but I agree that there is no other way to make quick profit in the bear market, however don't think of trading as the easy way to make money,you will encountered so many things that can make you lose money,so be prepared
Bullish market or Bearish ones isn't really different at all specially when you are an active trader. Your profitability wont matter on whats the current market condition but you do earn on how prices would move out. Even it do goes down generally you can scalp even on the slightest movement upwards and if you do know how to utilize those movements and making such good decisions you can eventually make money inspite of this hardship. I don't know that scalping thing but I guess I'm doing it. And yes, market situation should not greatly matter when you're trading daily just like forex trading. But, with day trading, you really need good amounts of focus.
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Febo
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December 10, 2018, 03:17:47 PM |
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Trading is the key to increase your portfolio in the Bear Market
Trading is a zero sum game. So if you want to profit someone has to lose. What makes you think you are smarter or luckier then others? I suggest you to research coins and projects. And invest in those you belie will be here 10 years from now and widely used. Think of things that cant be done on Bitcoin. If none, just have Bitcoin.
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poodle63
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December 10, 2018, 03:39:36 PM |
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Trading is the key to increase your portfolio in the Bear Market
Trading is a zero sum game. So if you want to profit someone has to lose. What makes you think you are smarter or luckier then others? I suggest you to research coins and projects. And invest in those you belie will be here 10 years from now and widely used. Think of things that cant be done on Bitcoin. If none, just have Bitcoin. Lol, can i say that i must believe in my self? It's a good option rather than put our money on scammer's wallet. As far as i know there was a major platform that the CEO has become a dishonest person. Even the major crypto can't be trusted.
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moneyvolutions.com
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December 10, 2018, 03:58:47 PM |
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I agree if trading is the key to increases the portfolio when the market is bearish. But I will not to do this, because even if the portfolio increases but the altcoin exchange rate continues to decline it means nothing (in other words inflation has occurred). So, when the market is bearish I would prefer to exchange all crypto assets to fiat and not trade for a while.
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Successv
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December 10, 2018, 04:00:01 PM |
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I would not say that greed can negatively affect the situation, most likely fear prevents us from doing the desired things!
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aalavandan
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December 10, 2018, 04:03:57 PM |
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For sure trading is a great opportunity to multiply your funds even on the falling market, but you need to mention that you need to learn a lot about trading before you start. Just remember not to start trading without enough knowledge.
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Rogkim1
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December 10, 2018, 11:11:31 PM |
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It is most profitable to engage in arbitration between the exchanges at a time when the market falls slightly in price or stands still. This is the best time to trade.
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aeternus
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December 12, 2018, 03:42:06 AM |
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i always thought the other wise until i see with my bare eyes how i close friend of mine made almost 50 dollars daily on just one coin but to be honest you need to be good in trading you should now how to read charts in order to lose because the risk is high to be honest.
Trading is so risky but if you what you are doing, then you are good. 50 dollars daily is achievable but i think it would not be daily i think with this kind of market where everything is going down. The important thing in trading is you got to be very patient and remember that being a millionaire in just days in trading crypto is a myth. If you are expecting to earn a stable amount of money when you are trading then you still have a lot to learn, when it comes to trading you cannot really expect the market to give you stable profits, you can only get whatever the market gives you and that is if you are very skilled at trading, if the whole market is going down how are you going to make those 50 dollars every day?
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Mommynigabby
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December 12, 2018, 06:18:27 AM |
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l start trading Cryptocurrency in the year 2015 as novice, l read lot of books on forex trading such as "Japanese Candlestick Charting Techniques author by Steve Nison" which l integrate the knowledge l got from those books into Cryptocurrency. l was mentor by great minds knowing when to buy and sell any Crypto Asset and hodl Crypto Asset that have high future potentials. Cryptocurrency trading is divide into two analysis which are briefly discussed below
1.Technical analysis: this are time frame price action movement of a Crypto Asset base on history. chart are study carefully to know how a Crypto asset have been trending within a period of time.This chart can be in form of a candle stick chart , line chart , bar chart . the chart i use is candle stick chart which helps me to know if the bears or the bulls are dominant in the market which is pointer . In technical analysis there are indicators that enhances my interpretation of the candle stick which are list below i. RSI: this is the relative strength index . is the oldest of all indicators . this helps me to know when a coin is over bought or over sold ii MA: this is the moving average that helps me to double check the average price movement of the coins/token iii MACD: this is moving average convergence and divergence, this is the last indicator i used to test if a coin is at the support level or resistance level outside this indicator there are others could help to enhance my trading such as Bollinger Bands,stochastic ,Ichimoku Kinko Hyo etc .
2 Fundamental Analysis:these are factors that might influence the price movement of any Crypto Asset such factors are frequent announcement and update of the Crypto Asset in social media , political influence ,economical influence.this is the first analysis l do before trading to find out from news channel such as Coincheck, CNN, Cointelegraph about negative and positive news with respect to any Crypto Asset.This help me to no when coin is about to be pump or dump.
laws l use in trading 1. The coin must have a big market size before trading 2. l trade only with what l can afford to lose 3. l don't use emotions to trade 4. l trade with Big exchanges 5 l use the stop loss features for trading
crypto asset l traded 1. NEO 2. BTC 3. XRP
Winning Strategy i use three strategy that have make to increase my pofolio 1. volume : after my fundamental analysis l look for coins or token that have accumulate volumes and gathering momemtum 2. trending ; the trend is my friend after the laws of technical analysis have been broken . 3. scalping : when i see that number 1 and 2 strategy is fulfilled i scalp .
Trading Time frame l use the 30mins time frame to scalp
My Risk management risk management enable me to manage my portfolio and control how much am willing to lose or gain per trade, that is why l use stop loss . am ready to risk 10% of my porfolio to increase my portfolio by 25%. the risk ratio is 2:5 with respect to loss/gain.
Exchanges l have traded l trade with big exchanges because of their features . 1. poloniex 2. binance 3. Bittrex
In conclusion my experience as crypto trader is that never be too anxious for price movement. Greed and Fear is the key factor that result to lost of Crypto Asset in trading .
Please kindly share your experience in trading so far to improve a member of the forum skills in trading Crypto Asset
Thank you for all your inputs. I also realized that I can't just keep selling my token I earned from bounty. I need to learn trading too and you mentioned some things here, I did not realize that were important. Trading with no emotion is really hard and I don;t know how to teach myself that. I'm kind of practicing with WES token on Latoken exchange but volume is close to nothing. maybe I should go to binance and do one of the tokens that you mentioned here.
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styca
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December 12, 2018, 06:23:50 AM |
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Trading can definitely be a big help in a bear market - but I think often the easiest way is to just trade your coins for USDT and then watch the market fall before buying back in later. If the market is dropping quickly, you don't really need deep knowledge and technical analysis skills, you just need to be confident that the stablecoin will hold its value as the other cryptos drop. If you're not confident of that, you can just trade back to fiat and then buy back in later - although obviously this tends to incur some fees.
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UAE Seasider
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Helios Protocol https://discord.gg/cpzAEMB
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December 12, 2018, 06:30:36 AM |
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With the market being totally unpredictable at the moment and most of the altcoins feeling the pressure from Bitcoin, unless you are closely analysing Bitcoin you may miss some key moves with your alt trading coin and be left losing out. For those that do not have the time to sit watching trading screens then an alternative is just to buy more of the coins you favour and reduce your cost averages.
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Absolutep
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December 12, 2018, 06:31:33 AM |
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Trading is actually a key to increase our portfolio in the bear market but we need to do our analysis very well to be able to use trading as a tool to our advantage in this bear market.
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Febo
Legendary
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December 13, 2018, 07:46:40 PM |
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Trading is the key to increase your portfolio in the Bear Market
Trading is a zero sum game. So if you want to profit someone has to lose. What makes you think you are smarter or luckier then others? I suggest you to research coins and projects. And invest in those you belie will be here 10 years from now and widely used. Think of things that cant be done on Bitcoin. If none, just have Bitcoin. Lol, can i say that i must believe in my self? It's a good option rather than put our money on scammer's wallet. As far as i know there was a major platform that the CEO has become a dishonest person. Even the major crypto can't be trusted. You might be disappointed with your trust in yourself and you might miss the great opportunity Bitcoin is giving you by the greatest redistribution of wealth that ever happened on earth. By simply buy Bitcoin and securely store it you could gain huge gains in last 5 years. Same if not identical it will happen in next 5 years. By trading you might, and in many cases that happens, ruin this once in a lifetime opportunity. Risk that for a chance to be twice as rich is so silly to me.
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acener
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★Bitvest.io★ Play Plinko or Invest!
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December 13, 2018, 07:49:21 PM |
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That is right, the only way to earn during the bear-market is to day-trade. Some traders are earning and increasing their portfolio during the bear-market. Prices are still unstable, that is why it is profitable if you can watch the market closely.
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Adunni6758
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December 13, 2018, 08:13:23 PM |
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Exchanges l have traded l trade with big exchanges because of their features . 1. poloniex 2. binance 3. Bittrex
I have seen coins traded on small exchanges and still performed well. This situation though is rare and it depends on the strategy the team deploys, as well as the nature of the project. Then some coins are first traded on smaller ones, before targeting the bigger ones.
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worldofcoins
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December 13, 2018, 08:20:44 PM |
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Trading could be used as a strategy for bear survival/profit but in my mind this can only be performed by those who can and have all day access to the market info which in turn means you must dedicated your time to it. So for me personally, I know this won't work
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yrrehc16
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December 13, 2018, 08:29:04 PM |
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100 percent true. If you will just hold your tokens at the bear market you will lose amount continuously. You should be smarter than that and do buy and sell. , market might be red but there are some who will gain the increase.
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asepsetiawan1990
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December 13, 2018, 08:55:30 PM |
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I am happy by being good in dealing with the current market conditions carefully and calmly. Patience is indeed needed in this regard and accuracy in seeing opportunities
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manbota
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December 17, 2018, 10:18:44 AM |
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I am very grateful to you for this topic. After all, I could find here a lot of useful information for work and the right decisions. I very much hope that in the future you will also post information about the rules and features of trading coins with a small market capitalization.
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Hillore
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December 17, 2018, 11:15:36 AM |
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You can trade in any market. Just strategies change. But as for me, it is harder to trade in a bear market.
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