TREND is our Friend

[davis196]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Then why people like Warren Buffet advice you to trade against the trends?
Trends are the best friend of all the unexperienced traders,who are just following it like sheep,while the best traders don't follow any trends.They follow their strategy.

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[Botnake]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Then why people like Warren Buffet advice you to trade against the trends?
Trends are the best friend of all the unexperienced traders,who are just following it like sheep,while the best traders don't follow any trends.They follow their strategy.

When it comes to trader, I don't listen from the advise of the successful one because they can be wrong or not telling the truth.
They can make money in the market by trading and no one would tell the right strategy to be profitable when it will affect their profitability also.
Strategy is very important but it varies from time to time, you either go with th trend or fade it and that requires timing.

[quitstem01]

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups

I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days.

do you know a way in order to still make profit despite of the downfall in the cryptomarket?

[Yatsan]

the bear market trends are difficult for beginners must have a mature analysis to get know the pattern, researching it must be also more careful and at groups in order to generate profits if working alone will be broken by other groups

I do agree, Our market situation right now is not ideal for beginner to make profit even small profit. So how would they benefit the market? they often asks this, what i can say is that conduct researches with the alternative investments right now, don't stick with crypto-trading because as i have said its not their ideal environment as of these days.

do you know a way in order to still make profit despite of the downfall in the cryptomarket?

I am not sure if this would be a good alternative but I would suggest gambling. It might sound foolish but this I think would be the way to earn right now with proper mindset ofcourse because if you would be addicted into it, you would surely lose huge amount of money. Just a piece of advice, gamble only an amount that you a afford losing.

[adzino]

Lol. You make it sound too easy. But I bet even you could not execute what you just said. You can't always just follow the trend line. If people could actually do that, then most of the people would actually be rich by now. The trend itself is quite unpredictable. You might see the bullish trend going on and all of a sudden the tides might change and will end up suffering huge loss.

[leowonderful]

This might've been suggested before in this thread, but if you're doing things like TA or observing trends, things usually work out much nicer on a longer timeframe (4Hrs +) compared to a shorter timeframe (1m, 5m, etc) on charts. I used to conduct TA and analyze things at much shorter timeframes when I started out trading and I was much less successful than when I began to analyze things on 4H and 1D charts. Many people get tunnelvisioned easily (myself included), but sometimes you just have to zoom out.

[pixie85]

Lol. You make it sound too easy. But I bet even you could not execute what you just said. You can't always just follow the trend line. If people could actually do that, then most of the people would actually be rich by now. The trend itself is quite unpredictable. You might see the bullish trend going on and all of a sudden the tides might change and will end up suffering huge loss.

He couldn't because recognizing the trend isn't always easy. What is the trend now? We had 3 consecutive pumps of Bitcoin price and every time people were saying it's a bart simpson pattern and it's going to get dumped next week. 2 weeks later we are still going up. Trend is your friend but what is the trend?

[jakezyrus]

Trend ? What kind of trend ?  There are two types of trend afaik  .  one is bear trend and the other is bull trend  , both trend do have their pros and cons   . 

For workers like me , i like the bull trend the most because this is the only way i can earn better profits  .

For the invester and traders they like the bear trend because they oftenly buy coins and they want a bang of their bucks .

[Webberson]

Market analysis is key when it comes to trading. Most people certainly thinks the only time to make profit is when the market is up. For me, in trading, every time is supposed to be seen as an opportunity, be it in it's bullish or bearish state.
The trend being your friend in trading has been a term used overtime, which has aided traders towards making successive trades.

[Reid]

Trend ? What kind of trend ?  There are two types of trend afaik  .  one is bear trend and the other is bull trend  , both trend do have their pros and cons   . 

For workers like me , i like the bull trend the most because this is the only way i can earn better profits  .

For the invester and traders they like the bear trend because they oftenly buy coins and they want a bang of their bucks .

You are a trader as you said so you will need them both and not just one.
The bullish run is for selling part and the bearish is where you will buy again.

You cannot just keep on selling since you need to gain them again. It is not jusst a one time profit in trading. Where will you get the next profit if you aint buying anymore?

As I said we need them both. Investors are the ones who needs only the bullish trend after they bought a certain token. After they sell it they will find a new token to invest to.

[richardeames]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Good.Here's an effective strategy but not somethimes not simple in implementation : in bear market= actively selling in every upticks and wait for retracements to repeat selling. In bull market = just hodl

[emberbekas]

As long as the trend is still running in two directions, up and down, of course crypto will still exist and traders can still get a chance to make a profit. As long as we can take advantage of existing trends, of course our trading activities will run longer. Down trend is the time to enter into the market while up trend is the good time to exit the session.

[airdagon]

For short-term trading, I prefer to fight the trend because when the trend drops, it is almost certain that there will be a reversal that will occur, and that is our chance to make a profit.

[GreatOrchid]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

Reading this, I'm sure you are a short term daily trader. You are not wrong but we can't make that good profits in the way you are saying. We can usually trade with a number of altcoins by understanding them and we can have upcoming profits according to our research.

I don't agree with this

Trading is far different from holding

Trading in-the-sense means doing any kind of trades with the asset. Holding can also be called as "Long-term Trading"

If you have good market knowledge and a ability to make deep research than no one can stop you from having profits into trading.

[nasipadang]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

It's easy to say, buying cheap sell expensive isn't as easy as you say. a bullish market for traders can give a big profit because the trend that you think is a friend always shows an increase, then regarding the bearish market here for holding is the right time for them to buy but for traders is panic and most likely profit failure. indeed what you say is true where the bearish market can generate profits, it's just that it's less likely especially for beginner traders who have minimal analysis or prediction.

[ityandsyn]

Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."

       In trading business ,  trending of the graph is most important to understand so that you have a reference for you to make a decision on when to sell and when to buy your coin and what coin were going to hold for long term.

[faceoff97]

Perhaps, the real trader can make profit in any case. But, in the uncertain situation, is not it a bit difficult? In my opinion moving in right time can make you better trader. Otherwise loss is inevitable.

Its difficult to timing the market, we can always make money but the risk is always getting higher as the market keeps on dumping. Whether its uptrend or downtrend, you have to take it seriously and trade with your strategies, always have a good back-up plan is something went wrong don’t lose confidence easily.

It's just getting more harder to trade because the market is so unstable while we are still in bearish trend. If you manage to get some profit in this bearish market just continue what you are doing so that you will get back your losses. Trading may cost too much if you don't know what you are doing in a certain situation.

I've lose good amount of money since I started joining in crypto, I'm still decided to hold and wait until the price recovered. Instead of getting discouraged of the current trend, I prefer to take it as an opportunity to accumulate greater volume. I'm decided to hold in long term, I make sure that all my invest is well secured in my open source multiwallet wallet called Bitcoin. The is the wisest thing to to while price is really low.

[cydrix]

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

[gabmen]

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

Yup! Some of these trends can be manipulated by big players to have gullible small ones jump in only to get stuck when these biggies decide to let go. That's why information is very important. Don't just rely on what's currently happening and what's making the market move.

[Oceat]

Well to be honest You are telling the truth but that might not always be the case. Speculation on terms of trends doesn't seem like a bad idea but be careful of pump and dump groups, as much as possible you can ring information in there but never ever join their trades from where they are going to uphold it. It's a simple bait yet many still falls for it. Also avoid join crowding as much as possible, and invest at your own risk.

Yup! Some of these trends can be manipulated by big players to have gullible small ones jump in only to get stuck when these biggies decide to let go. That's why information is very important. Don't just rely on what's currently happening and what's making the market move.

It is always happening everywhere, the news is the number one source that can manipulate everything even in the slightest event. That's why if we have to trade we have to look at the recent news and look for the authenticity of it because sometimes news is the one also who can change the real story.