TREND is our Friend

[cryptotrader2015]

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

Yes thank you and you got my point.

[cryptotrader2015]

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.

Yes I agree with you. We need to set target amount or percentage that we want to earn. Sometime greediness is the reason of failure in trading. Everyday is an opportunity to earn from up and down of the trend of the market.

[cryptotrader2015]

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.

Yes emotion and being greedy are the most common reason of failure in trading.

[cryptotrader2015]

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.

Absolutely yes loss is inevitable that is why it needs more practice to become successful trader.

[cryptotrader2015]

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.

Thank you for the additional & clear information about it.

[cryptotrader2015]

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

Yes thank you for that additional opinion.

[coinplus]

Yeah, that is what I have been saying for months now. If you follow the price of bitcoin you will see that when it goes up it goes up to a certain point and when it goes down it goes down to a certain point. Think of it like in blocks and when it breaks one block it goes all the way to the next block. That is why when you have both sell orders and buy orders and stop loss all set for you, you will realize that you would be doing automatic trading based on the trends of bitcoin prices.

For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.

[LUCKMCFLY]

Exactly, the line that presents less resistance is the one that we must always follow, it is logical, and that is to understand the market, for that we must take into account the Supply-Demand, and one of the things that helps us is the volume.

[cryptotrader2015]

Exactly, the line that presents less resistance is the one that we must always follow, it is logical, and that is to understand the market, for that we must take into account the Supply-Demand, and one of the things that helps us is the volume.

Thank you for the additional idea and opinion. I agree with you.

[Ararbermas]

Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.

[cryptotrader2015]

Yeah, that is what I have been saying for months now. If you follow the price of bitcoin you will see that when it goes up it goes up to a certain point and when it goes down it goes down to a certain point. Think of it like in blocks and when it breaks one block it goes all the way to the next block. That is why when you have both sell orders and buy orders and stop loss all set for you, you will realize that you would be doing automatic trading based on the trends of bitcoin prices.

For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.

Thank you for adding information and opinion. I really appreciate it.

[cryptotrader2015]

Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.

Yes you are right

[Ispep]

Yes you are right

Stop all this one line redundant replies to your OP, you've made your point known in the original post,if as it seems you have no other thing to add to that,let the thread be and let others air their views on what you and others have said, if you must reply then it should be something meaningful,not "yeah,you are right" or "thank you",doing that makes the thread look childish.

[calypsocrypto]

Bull and bear runs make it easy to profit traditionally,  but crypto traders miss the equally-good opportunity to profit during flat periods also.  Smaller prices actions seem to be unfavorable for generating profitable trades, and so many traders ignore the chances available in all conditions.

PrimeXBT (https://primexbt.com) have recently launched, and are the newest trading platform to provide leverage trading on cryptos - but not just BTC pairs, and not just 2x/5x etc.  

PrimeXBT allows leveraging on the 5 largest cryptos at up to 100x - with the addition of aggregated liquidity from 12 providers simultaneously.

When price actions are constricted and large moves aren't available, leveraging the trades that are made allow for profitability at levels that would typically be seen during bull and bear markets.  Crypto markets during 2018 went through months-long relatively flat trading periods, and if the only time you'll trade is during bull/bear cycles then this puts you out of the action for months at a time.

As well as leveraging relatively flat trades for multiplied profitability, shorting on all trading pairs at PrimeXBT allows for the construction of more advanced trading strategies still.

The risk involved with leverage trading should not be underestimated though, and having solid risk management in place is not just good advice - it's essential.

[Oceat]

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.

[apityeh71]

We should be indicate the trend by use technical  analysis and we can do swing trading to spend less times.  For pair of bitcoin,  Litecoin, DASH,  and Ethereum is look more profitable if we doing long term trading.  Crypto is bubble so we have to learn more how to indicate the trend and we have know when the price will reversal.

[Caladonian]

Your talking about doing short time op correct me if I'm wrong! Which is despite of the situation even market still in bearish mode you're still able to gain profits .Actually gaining quick profits on this circumstance isn't easy mate and it depends on the coin you want to play with and it's very emotional than holding for long term especially if you have no enough experience on it.

Shorting specific coin is hard to workout, there's so many influencing factors that we need to specified, TA can help you to recognize possibilities and potentials but not an assurance  to predict the correct next trend movements, it's all about how well we understand and use the current situation and make it favorable to our position.

Interpretation of the trend mostly bring profits for short term holders,  it's all about skills and good judgement to protect your money in any types of trend that will show up around the market.

[MI6]

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."

If we want follow what trend said, i think we can be safe from loss. Because if we againts stream, we wouldn't survived and it is happen in crypto trading. But it is all depends on what trader's strategy itself.

[voltesbit777]

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."

Yes I agreed, even the market was in down scenario, we can still able to get profit, if we just know the proper way of doing on day trading.
But if you're still on the learning process you can observe first in the actual trade in the platform, try to observe those traders of how they take action when the price is moving in the market volume.

[Ranly123]

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 indeed a best way to gain in this current bear market. But we should also consider the volume of trades done in 24h data so as to not be buying low price coins with dying market.