A season for stop loss

[rhomelmabini]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

I wouldn't recommend a margin trade during this period of time if that's the topic of using stop-loss feature here. When in bear market you'd be easily liquidated as prices tend to move faster than expected compare on what we see during bull market when there's a series of mini bear market or just higher lows.

[blockman]

I am not selling anything right now. It's too late. Although I am expecting some more dips but we never know what happens next and my paper losses are already high so I just HODL than regret later if somehow the market makes a sudden turn of events. Interesting if we need to wait for the next halving or ATH happens earlier.

Not really a good time to sell. Just hold firmly and we'll see those good prices again. Just expect that there will be more dips to come and we'll not know until it comes again.

As for my experience last 2017 ATH, I should have sold all into stable currencies last late December or early January this year. Now it's HODL time! 

Just do it again for the next bull and bear market. It's going to save us from a lot of trouble whenever the next bear market comes again but we're not yet done with the current one.

[Sterbens]

Luckily I've done it for a few altcoins. Now is a great time to get big discounts with almost separate entries at multiple support points. If we see when prices start to get low, that's where the whales take our losses. Whether or not it's too late to make a stop loss at this point, if that happens to you, the options aren't too many.

[sklopan]

In general, this tool is quite useful for work. Moreover, I don’t think that it is seasonal - rather, you just need to use it on time.

[goaldigger]

In general, this tool is quite useful for work. Moreover, I don’t think that it is seasonal - rather, you just need to use it on time.

There’s no such season for this since this is necessary every time you trade so you can save some money from losing it. Trading is very tricky, it requires a lot of work and perfect timing with a good plan and strategy, many forget on setting up their cut loss price and the result is negative for them. On this bear market, traders should be more wise since the bottom is yet to be seen and having no cut loss level might trapped you on a higher price.

[milewilda]

In general, this tool is quite useful for work. Moreover, I don’t think that it is seasonal - rather, you just need to use it on time.

There’s no such season for this since this is necessary every time you trade so you can save some money from losing it. Trading is very tricky, it requires a lot of work and perfect timing with a good plan and strategy, many forget on setting up their cut loss price and the result is negative for them. On this bear market, traders should be more wise since the bottom is yet to be seen and having no cut loss level might trapped you on a higher price.

Cut losses arent needed from time to time specially if you do go for long term on which you could simply hold your assets until recovery would happen and this is where others been doing.For stop losses it would really be just relevant if you do go short term trades or playing with the price movement where you do set some sl's basing into your position or on how much you could able to accept those loses.
In future or even on leverage these things would really be much needed or relevant thats why its up to someone on when and how they would really be using it basing
on what kind of trading they've been using on.

[kawetsriyanto]

This is the best time to pick your stop loss and make it an essential part of your trade.

If you just bought the coins yesterday, considering stop-loss may be okay. But if you consider stop-loss for the coins that you bought in 2021, I think it is too late. Now, we have no choice, we must hold the coins until the next bullrun because selling now means you stop expecting to get back your funds. Now is the bearish period, it isn't the right time to sell.

The market keeps falling and investors and traders alike keeps crying.

This market fall is already predicted, so experienced or professional investors/traders mustn't feel sad or cry. Investors/traders who know well crypto market cycle have prepared everything before this bearish happens. Only beginners or newbies who feel panic and even cry because they are surprised with this fall.

It is better to risk a small fraction of your assets than losing it all

Losing all?
If you hold or invest in top coins or BTC, you won't lose all your funds.
You only experience a decrease in your coins' value. But it will be over once the next bullrun is coming.

[South Park]

Cut losses arent needed from time to time specially if you do go for long term on which you could simply hold your assets until recovery would happen and this is where others been doing.For stop losses it would really be just relevant if you do go short term trades or playing with the price movement where you do set some sl's basing into your position or on how much you could able to accept those loses.
In future or even on leverage these things would really be much needed or relevant thats why its up to someone on when and how they would really be using it basing
on what kind of trading they've been using on.

As always a particular strategy or tool is only useful when used on the right context, after all while it would be a mistake to use a stop loss for the investor which wants to hold their coins for the long term, it would also be a mistake for to hold our coins for the long term when what we are buying are volatile altcoins, so regardless of whether we like to invest or to trade we need to use the appropriate tool, otherwise the chances of losing a huge amount of money increase significantly.

[ethereumhunter]

In this bear market, it may be best not to trade and leave the market for a while. Whether it's the bitcoin market or the altcoin market, the price is bound to run wild and you can get caught up in price volatility and we won't be able to do anything but wait. Stop-losses are used before the market price plunges too deep but if the stop-loss is used at this time, it won't be of much help because the price has fallen deeply. So the use of stop-loss must pay attention to the market conditions before the price drops drastically.

[so98nn]

Definitely interesting period to bag more. This is golden period for every type of person, whether they are long time holder or whether they are day trader or even short time investors. Everyone got the chance. Market is so cheap right now, we could buy fro long terms or move with the market for short period of time to bag our profits.

Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.

[Kadal Ijo]

When a big storm occurs, we must be brave to cut loss, switch to stable coins and wait for the right time to buy, many speculations say that the negative trend is not over, if we do not immediately do the cut loss action then the hold for the long run is the option better.

[justdimin]

I am not selling anything right now. It's too late.

when you're already losing money and maybe you're late making a sale when the downturn has just occurred. then hold is the best choice. Just believe it, the upcoming bull in the future will bring you in better shape.
although we don't know how long this situation will last. if there is the capital, we can buy back the asset at a cheaper price for the long term.
many are selling at a loss because of panic with the state of the market. Asset values that continue to decline certainly put pressure on investors.

Holding requires not much, you just need to be a patient person and there are so many people who are not patient. If people could learn that alone, they could do so much with it but they still decline it somehow. Just focus on something that would be profitable for you meanwhile, like find a hobby that can turn into a business for example, do whatever you can but do not sell your coins.

There are so many business ideas in the crypto world, most of which do not require even a capital, maybe like 100 bucks at most which everyone can earn even here. So all in all, you just need to occupy your mind somehow and make a profit like that.

[virasisog]

Definitely interesting period to bag more. This is golden period for every type of person, whether they are long time holder or whether they are day trader or even short time investors. Everyone got the chance. Market is so cheap right now, we could buy fro long terms or move with the market for a short period to bag our profits.

Furthermore, this is one of the times when we used to say “I wish I could have bought the bitcoin/Altcoins when they were less priced”. Those who will miss this opportunity surely gonna regret later.

Old-time traders and investors must already know that cryptocurrencies move this way and its part of the cycle. Instead of crying over their trading losses, it's the best time to fill our bags with potential coins. Yes, we shouldn't miss this chance and buy when the market fully recovered. Sometimes, our fear keeps us away from a profitable future.

[sklopan]

Now is a really good time for this tool. At least, often this is what saves the trader from losses and allows you to change the strategy in time.

[ReiMomo]

This is the best time to pick your stop loss and make it an essential part of your trade. The market keeps falling and investors and traders alike keeps crying. It seems some wild prediction of Bitcoin giving those who missed the early opportunity of buying is coming alive. To avoid been caught up and trapped  by the market volatility stop loss should be as useful as every other technical or fundamental tool you can think of. It is better to risk a small fraction of your assets than losing it all

Yes if you are on short term trade. But can very well buy and place a trade on a long term investment without a stop loss. There will certainly be a pump after a correction. And since the last ATH was in last year, there will be a delay for another ATH and this is how the market is manipulated by the big hands whom we say the Whales. Yes, they are manipulating the market now and yes they are making use of the panic sales. When the panic sales reduce, the market will start moving upward.

[KingsDen]

Now is a really good time for this tool. At least, often this is what saves the trader from losses and allows you to change the strategy in time.

But certainly all the stop loss targets would be hit and the market controllers would use it and grab more liquidity.
Maybe a better idea would be not to leave your screen or better stop trading till the market stablizes.

I have always been a fan of stop loss. But in three occasions that the market reversed immediately after hiting my stop loss made me believe convincingly that there's someome behind the scene who sees the point I kept my stop loss.
Even if my claim is very weird, I have decided to believe it in order to have a piece of mind.

[Japinat]

Stop loss on last 2017-2018 bull run peak? Where it is around $20,000?
For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.

For smart investors, what is happening today is just something not to fear of or alarming. But for those who bought coins at their high value, they must be losing right now if they start panic selling, but if they still wait for a reasonable price to sell, then losing is not visible. However, stop loss will only be useful if you want to control the losses, but if you just hold your coins until the market stabilize, then stop loss is not applicable.

[Natalim]

Stop loss on last 2017-2018 bull run peak? Where it is around $20,000?
For me, I am really not alarmed with these recent dumps in the cryptocurrency market because it's not only the cryptocurrency market, it is most of the market especially non cryptocurrency market.

For smart investors, what is happening today is just something not to fear of or alarming. But for those who bought coins at their high value, they must be losing right now if they start panic selling, but if they still wait for a reasonable price to sell, then losing is not visible. However, stop loss will only be useful if you want to control the losses, but if you just hold your coins until the market stabilize, then stop loss is not applicable.

But for me, stopping loss is not the best option to take at this time, we'd rather just hold. Keeping potential coins like BTC and ETH, we know that these coins are profitable long-term, selling them now is really a big regret after. We can say it was an anticipated market crash, but as we are in crypto investment, we are also prepared to hold when the time has come. In fat, we even know that this is not all buying and selling, but also we have to practice how to hold.

[tygeade]

some traders do not like the use of stop loss. they are oriented toward trading or a long-term investment. when they buy, they immediately sell within a specific target price. when the dump happens, we have to be calm, and not worry because everything will come back again. but in the selection of certain assets. this will change the plan from trading to long-term investment.

however, stopping losses helps traders to avoid bigger losses. once the asset is safe, we can buy back the asset at a lower price in the hope that the pump will return the capital.
To be honest, the current situation requires a good analysis to keep our assets at a stable value. The mind can panic when market conditions are chaotic.

The long term people may not like it, but also very short term ones do not like it neither. Like for example if your aim is a quick 5 minute trade, buy and sell right away hoping you would make a profit, which usually deals with leverage trading since only then you could make a good profit, but if you do 50 of these a day on spot then you could still make a profit, then you may not like stop loss neither.

This is why stop loss is for people who would like to hold between 24+ hours to 6 months, anyone who wants to hold between those periods could use it, aside from that there will be absolutely nobody that could make you that kind of profit.

[Markinzo]

For those trader that can't keep up with the current market dump situation it's preferable they apply the stop loss. Cause at this moment not everyone can withstand the financial fall even though the may tend to take a bull direction to equate the situation cause it's not gonna  be like this for too long but, the big question is "when could that time be"?

On the other hand, it's at this market period that you will know who the real traders are cause under this market dump there are those that are still pulling out some bucks while others are lamenting.