cryptotrader2015 (OP)
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February 16, 2019, 02:18:33 PM Last edit: February 22, 2019, 05:51:47 PM by cryptotrader2015 |
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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."
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Koro-Sensei
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February 16, 2019, 04:38:22 PM |
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It isn't always the case every situation differs from every person. One big factor in trading is that we can't always get rid of those emotions when trading but it isn't that bad. Sometimes it also has good sides like avoiding great risks where you could potentially lose all your money but still saved it by losing some of it. I know it doesn't pay off but the experience you gain from it are priceless. I think it doesn't matter if it's trend or not it depends on the situation as to how can you manage it further.
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HODL2090
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February 16, 2019, 05:13:56 PM |
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Shorting a currency is a popular way of making profits from drops in prices. This requires expert speculating as you are selling at the top and buying back when it hits the bottom. Regular trading during bearish markets also requires skills.
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farosa
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February 16, 2019, 05:15:57 PM |
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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.
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manggis97
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February 17, 2019, 02:12:53 AM |
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That right, trend is our friends so we have to follow it to getting success in trading. By understanding and follow the trend we will know when decide to buy and sell, in bullis trend we can trade in spot market but if the trend changed to bearish we should be short the price in leverage trading.
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Jating
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February 17, 2019, 03:50:21 AM |
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Of course trend could be our friend if we know how to used them to our advantage. Others like to fight trend and still believed that we can get over this bear market overnight, but they're wrong and I'm sure they have lost so much money now because they don't want to admit and chooses to go against the flow.
But even in a bear market, we can make money by shorting or day trading, might be difficult but it's possible to book profits today and let the trend help you that.
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Thanasis
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February 17, 2019, 04:08:18 AM |
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According to Alexander Elder, "Our goal is to trade well, not to trade often."
But many people failed in it,they are just in a hurry of doing many trades as much as they possible so they can't make much strategy going and losing their money with the flow,but as a smart trader they need to assist the condition and decide what is best on the spot.
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joshy23
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February 17, 2019, 04:13:29 AM |
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Of course trend could be our friend if we know how to used them to our advantage. Others like to fight trend and still believed that we can get over this bear market overnight, but they're wrong and I'm sure they have lost so much money now because they don't want to admit and chooses to go against the flow.
But even in a bear market, we can make money by shorting or day trading, might be difficult but it's possible to book profits today and let the trend help you that.
If you have the right tools and you are taking advantage of it, the trend will be the basis how we react and take every opportunity, maybe for some people who don't understand they are frustrated because the bear extend while hoping for the bull to be more stronger, but those who can see the benefits and know how to take the risk, both are profitable when you can take into a right timing.
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maxreish
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February 17, 2019, 04:20:17 AM |
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Seems that you have a good knowledge in trading. May I ask if you are a margin trader? A swing trader or an altcoin trader? If we have a great trading signals like you do, then it is beneficial and profitable to some of us who wish to gain profits even in a downtrend market. And you were right, a good timing of entry or exit in buying and selling helps a lot.
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Mister1k
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February 17, 2019, 04:54:04 AM |
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Seems that you have a good knowledge in trading. May I ask if you are a margin trader? A swing trader or an altcoin trader? If we have a great trading signals like you do, then it is beneficial and profitable to some of us who wish to gain profits even in a downtrend market. And you were right, a good timing of entry or exit in buying and selling helps a lot.
Don't believe the trading signals mostly that makes you fail. Learn trading directly from the trader whoever been actively working on day trading. Next to that you may believe the trading community to get the last time picking on your trading pairs. About trend I always love to be in the bull run time. It make the complete crypto users be in enthusiasm and all makes the profit by the time. Let's hope next bump is in near future.
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elda34b
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February 17, 2019, 05:30:17 AM |
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A lot of people have been saying the same thing, buy low sell high blablabla, but the truth is, nobody knows which low or which high we should buy. Instead of stating the obvious we should learn how to determine which time we enter or exit the market. There are several project out there who outperform the trend such as QUANT, CHX or LTO. All of them has a strong fundamental and hype, which denies the bear market trend. So instead of following the trend, you can also look for potential projects and that can give you at least 3x return if you time it right.
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Bitinity
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February 17, 2019, 09:32:21 AM |
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A lot of people have been saying the same thing, buy low sell high blablabla, but the truth is, nobody knows which low or which high we should buy. Instead of stating the obvious we should learn how to determine which time we enter or exit the market. There are several project out there who outperform the trend such as QUANT, CHX or LTO. All of them has a strong fundamental and hype, which denies the bear market trend. So instead of following the trend, you can also look for potential projects and that can give you at least 3x return if you time it right.
Good Point +1 Buying low and selling high is easy thing to say but most of the time traders get confused in which price the should buy when the price is getting down. People worry of buying and selling it not in the right time. Talking about potential project (ICO) it is also hard to choose, although you are very sure that the project has great potention but it may not go as expected. As trader and investor, the first thing to do is "ready to lose".
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mrdeposit
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February 17, 2019, 09:53:45 AM |
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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. 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."
Recently you should act like a majority to gain earnings. For example, think about BTT and ONG. BTT provided 10x profit through the team and product, but indeed it was not worth to the current price. ONG's price increased from 0.3 to 1.8 due to Binance notifications. It leaves a question that how this related to ability. Actually, just follow the community.
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Indrawan77
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February 17, 2019, 10:24:48 AM |
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Its true that for traders that we can make profit in any market condition, the trend and the sideways could be the way to make money, it doesn't need to be on bull run to make money, for investors and holders they need bull market but for trader, they need timing, news and trend
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palle11
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February 17, 2019, 12:13:16 PM |
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It's way easier to profit from trading if you are in a bull market...
Not exactly what it is. I think profit are made in bears just as in bulls but according to what OP's position is, if you spot the trend, you just forget about losing because it must always go in the way of the trend. This my view though.
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jhongzjhong
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February 17, 2019, 12:53:01 PM |
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It's way easier to profit from trading if you are in a bull market...
Not exactly what it is. I think profit are made in bears just as in bulls but according to what OP's position is, if you spot the trend, you just forget about losing because it must always go in the way of the trend. This my view though. We have different views in trading, I don't mind the bullish trend I just wait when the bear comes to enter the market in trading. When you are in the field of trading all you have to do is timing in diversifying other altcoins. Timing is the best part that you might earn a profit and searching news would be better to have an update which coins are going to pump.
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creeps
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February 17, 2019, 12:55:23 PM |
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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.
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mersal
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February 17, 2019, 02:06:16 PM |
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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. 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."
definitely it will be success in the future the trend will happened soon and there waiting cryptocurrency investors definitely get their profits at very quick time in the end of this year.
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omonuyak
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February 17, 2019, 02:58:28 PM |
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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. 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."
Those that are anticipating for bull run are those people that buy bitcoin at a very high price and they need to recover their fun. Trend is our friend when we are in speculatives market and not investments. Cryptocurrencies market will do well if it is in bull run.
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Experia
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February 17, 2019, 04:25:49 PM |
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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. 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."
that is the concept of trading, buy low sell high compare to the buying price, we should not aim for a high percentage of income in trading, as long as we can earn everyday then it is enough to fulfill the personal satisfaction in this bear market.
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