Is it time for us to get back to trading?

[Naida_BR]

I wasn't a fan of trading but lately I have started doing it.
I simply trade altcoins and I use a variety of options that will make me earn a decent profit. It seems that altcoins can give good rises and eventually profits if you trade them.

[bitbunnny]

To get back? What that actually means?
There are a lot of Bitcoin users who trade all the time. Of course, there are also ocassional traders who just chase some opportunities although that maybe isn't the best way to trade. To become successful trader you need to be present in the market all the time, watch the trends and get experiences. To my opinion successful trader needs some continuity otherwise that is just a part time hobby.

[Assface16678]

From the previous weeks, it is good to make trades because the market price of the coins are going uptrend especially the bitcoin which is a good market investment from that uptrend it gives me a huge market income but when the market price of the coin falls down it gives a huge impact to my trades and gives me some of the loses that I didn't expect which is a huge problem to also one of the factors today the market price of the bitcoin is still going stable and it is not quite good to me because I used a huge margin trading so I can get a huge market income too even this is risky trading is trading once you enter on your world here you will have a full potential you will lose your money.
To avoid this kind of scenario it is better to make aware of the market movements. A trader is a trader but some of the trader we called as the scalpers that every movement of the coin they make an investment which can cause too much earning or too much loss on your funds.

[okala]

The volatility that happened about two months to halving has reduced and it means the market is going to be a bit stable for sometime. I think this is the best time for scalping and those that like to take little profit or loses par time.

[maydna]

FYI, you can get back to trading anytime when you are ready. With the money you have, you can back to the exchanges, and start to buy any coins, but as usual, don't use much money or all money if you are not ready to lose because, in trading, the chance for the loss will be there. Traders will always back to the market, no matter what the market conditions because they want to make a profit every day. But they cannot get the profit if the market cannot move as what they predicted, so they need to have another plan or strategy to the current situations. You need to learn more about trading so you can make improvisation based on the market so you can be able to make a profit.

[Joyawan13]

Your advice and understanding will all be very valuable to me and of course for beginners who of course don't know much about crypto trading methods and strategies, every trader must have their own methods and strategies so they can make money, there is no problem with the hope of fear of losing from them, but a beginner will ask for a better trade they will do, and they certainly want to benefit from the trade they do, and because they can anticipate losses that are too large, and of course only require your direction and knowledge all at here who are proficient in trading.

[durilup]

In my opinion we have to wait more till we can go back to daily trading . The market is still with question mark and we do not know if bitcoin can go down again .

[drlukacs]

Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

yes, it's time we get back to the market. Although the price of bitcoin is showing signs of decline, it will only slightly decrease. This is the time when we need to be alert to buy more bitcoins at different prices. In my opinion, you should set buy orders available at prices such as $ 8k5, $ 8k and $ 7k5. In the worst case scenario, bitcoin will fall to $ 7k5 and that will be the time when you spend a lot of money to buy bitcoin and hold.

[FanEagle]

Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

Yeah, the pandemic made all of us trading at one point. Right now life is a bit boring and there is also not much we can spend money on so we are actually doing a lot better economically than before compared to some people who lost jobs. This pandemic created two type of people. One is the people who have lost a lot of money because they lost their jobs or they are on unpaid leave or basically anything like that and they lost money in general.

The second one is the people who didn't lost their income but they can't spend it on anything but the things they really need (like food and all) so they have a lot of money saved up at the side. That resulted with people actually getting back into bitcoin or crypto in general since that at least made them have a bit more fun during this very boring period.

[maxreish]

We can not prevent bad days when trading. We may lose a lot but that doesn't mean we give up. There are also times that we wanted to give up but giving space is just enough to reflect on past trading ways we have done.
 
 The good thing about our mistakes is that it teaches us to do more effort and to gain more knowledge before we finally get back into trading again. I, myself experienced of almosy giving up,too. But it is not the right idea if we wanted to become a successful trader.

[CryptopreneurBrainboss]

@Joyawan13 Although I buy into the ideology of trader trading in any market conditions but that has to be professional that must have studied and mastered their craft. I won't advice you go joining them if you're not capable of duplicating their success. We have traders that profit more when the market is in a downward trend and those who profit in a bullish trend. Although the later is more doable that doesn't means they're less of a trader.

Don't get pressured into doing what won't profit you just because everyone is trying to do it. The market this days is very unpredictable so I would advise to keep holding if that's what you were previous doing before this thought came into your mind. As for the altcoin, I don't think it's their time yet, might just be the market trying to trap some greedy investors/traders.

[Twinkledoe]

Real traders trade every day no matter how is the market: red, green, purple, orange... because it's their job. Even after losses they continue to trade. Here people believe they're a trader when they're gambling with $2000.

Do you imagine if IRL traders from banks and institutions stopped to trade because the markets are entering in a dark period (like currently with covid-19 or like in 2008-2009)

What more can I say? A real trader doesn't choose the situation of the market as he can always strategize on how to make profit. There is no right or wrong time in trading, if you know what you are doing you can always trade anytime you want. Sometimes you can take advantage if people are in panic mode. But that is all on you how to attack that situation. Just always remember the simple rule of trading : buy low, sell high. Actually, that's very simple but when it comes to actual action, bit hard though.

[Yamifoud]

Trading is just like any other business, we can be more profitable if we are in the right time and in the right choice. For we are planning to set back in trading again, it is better to evaluate ourselves and think also the current crypto situation. I'm not sure if we are in the best position to start over but most likely a real trader will approach the market no matter how risk it is and that is what we have now.
Then now, just ask yourselves how prepared you are? Think that not all traders have a good time when the market is high nor to be at a low. Because it can be depending on how you maximize your funds and how to manage decisions in times of difficulties.

[roman100]

Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status. Given these outcomes, it's clear: day traders should only risk money they can afford to lose.

[kesmex]

A good day to trade is other than the weekend, because the volatility is very big on weekends,
today just the price of a Bitcoin pump and dump is $ 200 more, and if you are a newbie then you can lose your money

[wozzek23]

Trading has been there for a long time, there has been a lot of people who have been trading in the past 3 months, that is how bitcoin moved from 9k to 4k to back over 9k and now under 9k once again. Without traders those moves wouldn't have been possible and now that its high"ish" again people are trying to get back to trading.

I am sorry but you should have done it when it was low, not when it went back up. For example people who bought under 7k (I did thankfully) are still in profit even with the latest drop. Some people who bought over 9k are angry and calling bitcoin dying and bitcoin a scam and so forth many things, some even left for good, only because they were not smart enough to get in when it was low and saw it go over 9k and imagined it could go even higher and they could make profits, that is wrong thinking, you should buy when its low so you could make a profit, not when it went up.

[rathaha10]

I think whatever condition got presented by the market is always good for trading as we've seen traders trading almost everyday be it during bear or bull market condition. Undeniably, it is much easier to make massive profit when the market is in bull than bear as every coin seems to be moving upward when in bull but if you understand trading quite well, trading even in bear shouldn't be much of a problem so the take is; everytime is good for trading,  all you have to do is be up with your games

[culuuton]

I think whatever condition got presented by the market is always good for trading as we've seen traders trading almost everyday be it during bear or bull market condition. Undeniably, it is much easier to make massive profit when the market is in bull than bear as every coin seems to be moving upward when in bull but if you understand trading quite well, trading even in bear shouldn't be much of a problem so the take is; everytime is good for trading,  all you have to do is be up with your games

Exactly, many people are trading in all market conditions, they are doing very well when preparing for the worst possible scenario. The losses will be very difficult to recover if we wait for the market to recover completely because we also don't know the exact time to not miss the game.

[coinfinger]

Some days I have seen price movements in the market some altcoins have moved again to raise their prices higher, whether the market price movements especially for altcoin have started to improve, because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

From the explanation you have made here, I can tell that what you're doing is HODL, and not day trading. As for those who were holding their coins before the price declined, they shouldn't have sold it, especially if you were holding till it dropped to $3k. Anyone that wants to sell their coins should always do so when the drop is little, but if it falls to a very low, then there is no need of selling it.

Selling your coins when the price is critically low is of no need, because you're going to lose your money and it doesn't make any sense. If you do that you might be unable to recover the money. So it's best to always just hold it and wait for when it will recover. Right from time I knew that this was going to be temporary.

[ethereumhunter]

There is no other way to recover your losses in trading if you don't come back to trade. But before you come back to trade, you should have learned some lesson so you can increase your skills, you can trade with better than before. You can analyze better so you can slowly recover your losses. It doesn't matter if you recover your losses fast or slow because if you are serious in trading, I am sure it's only a matter of time before you can recover your losses.