Emotional management during a bearish market

[CageMabok]

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.

[serjent05]

If one is keen on trading in a bearish market then one should not miss to research if the item he is investing to trade has the capability to rebound.  Knowing the history of a cryptocurrency will somehow tell us the possible trend of the project in the future.  Knowing whether the developer is capable and if there is a fund for the project to realize is sufficient enough for the development team to carry until the project get enough traction. We all know that many cryptocurrency failed to recover after experiencing their first bearish market season due to incapable developer and insufficient funds.

So one should not make haste and give in to the emotions of hype since oftentimes getting hyped and pumped by influencers ends up in a complete mess in trading.  In addition, we should also consider risk and reward management.  We should always try to calculate the risk involved when trading and see if the risk will justify the reward.

We can also opt to diversify our trading strategy in order to adapt to the volatility of the market.

[Webetcoins]

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.

Due to recent changes in technology now we are having too many peoples those are set for posting their signals on different platforms even this all is not helpful because newbies are usually jumping into this all without any solid search and work, but these things need some good techniques because without this we can expect better results but having experienced and good experts surely always on track because they understand market and conditions around.

Decisions are always important because when you are having entry, and then you need to be exited this can make things at the top, but this has never been easy it's always needed some good mind and market understanding but if someone is able to understand then surely he can do things right away and profit is surely coming unlimited for this.

[Distinctin]

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.

A lot of us believe that newbies should not be trading if they think they are not capable enough. But we all know how greedy and aggressive newbies these days so instead of stopping them from trading, why not just guide them in their trading journey. It’s okay to lose since beginners are still susceptible to losses, but with thorough experience in trading, I believe in the long run they will also learn from their mistakes and losses and become reputable traders in the making. Let’s just think that everyone has passed being newbie in trading and trade with less knowledge and experience, but now we’ve managed to go this far, patience and emotional discipline are the keys.

[mirakal]

Due to recent changes in technology now we are having too many peoples those are set for posting their signals on different platforms even this all is not helpful because newbies are usually jumping into this all without any solid search and work, but these things need some good techniques because without this we can expect better results but having experienced and good experts surely always on track because they understand market and conditions around.

Newbies often take the bait from these scammers because of their wrong insights about trading. They think that the signal is helpful and a way for early success, as promised by these signal groups. And it was too late to realize that they were fooled after suffering losses. But on the other side, this gives newbies a reason to be more resourceful and trust themselves rather than trusting other people. 

Decisions are always important because when you are having entry, and then you need to be exited this can make things at the top, but this has never been easy it's always needed some good mind and market understanding but if someone is able to understand then surely he can do things right away and profit is surely coming unlimited for this.

Indeed, our decision becomes a factor that leads our direction. This is the thing we should focus on, knowing that every mistake we make is because we fail to make the right decision. It should not be rushed but should be planned well. 

We can decide to pause if we think the situation is not profitable, rather than take a risk when the chances are quite low. 

[jaberwock]

Obviously, some people used to think that the only way to make money in crypto is just the one way direction which is buying, well if that was to be the case no one would had been making money off the market,  however I have come to understand that there are one way traders, these set of just are specialized in one price direction up or down, from the op's point of view, seem they're only interested in the appreciation of coins, there's this feature in Binance platform where you trade a coin to get more of the coin in this case you wouldn't  be scared about what the market is doing tanking or not you're making money by increasing your holdings, let's say for instance when the market is dipping you can short the market and while it's going your Bitcoin or any other crypto in your portfolio is increasing in its number as well.

If let say it works like that, that the only way to make money here is through buying, of course it is still possible to make money or profit through it. When we say buying, we don't just buy alone but it can be the other name for investing. Sometimes investing is also called as HODLing too. When we invest, it is not only limited to buying but there is also selling there. That so-called ' one-way traders ' are so wild because trading should work in two directions. Even investing works in two directions two but it's just that there are longer times when we HODL our coins than the selling time.

These people should better do investing instead because it is close to what they are aiming for but in trading, both directions should be utilized well, as this is where we can earn massive profits and not only when the coin is pumping up. The one you are talking there about Binance, sounds like an airdrop for a newly released crypto. If not, it is a kind of trading program or trading competition offered by the trading platform themselves. There might be a downside on doing this but it is still up to us. If we think it is more better than the traditional way of trading, then why not?

[Lanatsa]

Obviously, some people used to think that the only way to make money in crypto is just the one way direction which is buying, well if that was to be the case no one would had been making money off the market,  however I have come to understand that there are one way traders, these set of just are specialized in one price direction up or down, from the op's point of view, seem they're only interested in the appreciation of coins, there's this feature in Binance platform where you trade a coin to get more of the coin in this case you wouldn't  be scared about what the market is doing tanking or not you're making money by increasing your holdings, let's say for instance when the market is dipping you can short the market and while it's going your Bitcoin or any other crypto in your portfolio is increasing in its number as well.

If let say it works like that, that the only way to make money here is through buying, of course it is still possible to make money or profit through it. When we say buying, we don't just buy alone but it can be the other name for investing. Sometimes investing is also called as HODLing too. When we invest, it is not only limited to buying but there is also selling there. That so-called ' one-way traders ' are so wild because trading should work in two directions. Even investing works in two directions two but it's just that there are longer times when we HODL our coins than the selling time.

These people should better do investing instead because it is close to what they are aiming for but in trading, both directions should be utilized well, as this is where we can earn massive profits and not only when the coin is pumping up. The one you are talking there about Binance, sounds like an airdrop for a newly released crypto. If not, it is a kind of trading program or trading competition offered by the trading platform themselves. There might be a downside on doing this but it is still up to us. If we think it is more better than the traditional way of trading, then why not?

Sooner or later, you would really be able to realize for yourself on how you should really be that dealing up with this space on which on the time that you would really be tending or trying out to do trading then it would really be that recommended that you should really be having those kind of realistic approach on things so that you wont really be finding yourself that being too desperate. On the time that you would really be doing up trading on which of course it will really be that understandable that you should really be that having needing that serious approach on things. You cant really be that trying out to deal up with this market without having that kind of seriousness on mind specially into the actions that you would really be gonna making. It would really be that so hard on trying out to hover yourself into this space if you won't really be that prepared so it would really be that normal that you should really be doing those sort of things on which you would really be mainly needing on the time that you would be doing trading and also on the time or moment when the market becomes bearish on which this would really be the time that you would really be stormed out by different emotions and thinking specially if you do see your porfolio is on great reds or dip ones.
You would really be having those kind of thoughts that you should be doing that cutting loses on which this is really that an absurd thing to be done by someone.

[Adbitco]

If one is keen on trading in a bearish market then one should not miss to research if the item he is investing to trade has the capability to rebound.  Knowing the history of a cryptocurrency will somehow tell us the possible trend of the project in the future.  Knowing whether the developer is capable and if there is a fund for the project to realize is sufficient enough for the development team to carry until the project get enough traction. We all know that many cryptocurrency failed to recover after experiencing their first bearish market season due to incapable developer and insufficient funds.

So one should not make haste and give in to the emotions of hype since oftentimes getting hyped and pumped by influencers ends up in a complete mess in trading.  In addition, we should also consider risk and reward management.  We should always try to calculate the risk involved when trading and see if the risk will justify the reward.

We can also opt to diversify our trading strategy in order to adapt to the volatility of the market.

You are correct in your statement but let me add this to what you have just said, you know most of the cryptocurrencies lunch today Is easily hard to be predicted or to know their future and to what it would hold by doing investment.

Most times we could get convinced by the team or got convinced by what you see on the white paper or onepager, of a true most project nowadays does not have white paper but they are being launch on a regular basis also being promoted on social media and listed on some cryptocurrency exchange where people would go and buy to trade without even knowing what their real intention of the project owner.

Sometimes it is hard to detect good project because the intention could be to raise some certain amount or to sustain the project to some certain point after which when bear market comes the project owner think is to automatically dump without even rising again that is when you will see investor lamenting of their investment being sink into a shitcoin.

[Viscore]

If you dont really know abou trade just learned a basic trend line and support and resistance zone or supply and demand zone if you can draw that and combine with DCA than you going probably fine with it.
Bearish market and bullish market is just part of the market itself you can control 100% of it but in the way up and down you can make profit from it.

Trading is really not that hard if only you know the basics, as emotional management can be learn throughout the process. But if you have no experience in it and you rush into trading, maybe for greed just like what majority did, you will certainly find it hard profiting in the market and could even lose all your funds instead.

[shawonngp]

Beginner traders should avoid the market when it is bearish or they are going to lose. Traders that should be trading during when the market is dipping are experienced traders that have done it before because they know what to do.

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

I agree with you now mostly novice traders are not interested to learn by themselves, they depend on buying crypto signals which is so called vip signals in telegram private groups, those traders are actually too greedy, they want to rich quickly in trading in a day but such signals not work.

[Maslate]

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

Newbies like that still really need direction from people who are already experienced enough in trading so that those who try to use signals from several telegram groups are newbies who are trying to find a good way to trade. Although for some people it is considered less appropriate for them because newbies not only still have to learn about trading, they also need to know how to make a decision when trading on any exchange. So people like that still need better direction and should not be blamed immediately because they still don't know how to make good decisions in each of their trades.

While losses are inevitable in trading, but it’s also one way wherein newbies will learn the reasons why they keep on losing from their trades. Experience will be their best teacher. If they won’t start trading, they won’t also learn the process and the realities that relies in trading. So it’s actually normal to lose when trading, but if they have higher control on their emotions towards their greed in trading, the result will be less likely prone to losses and committing mistakes.

[EarnOnVictor]

You have a point in this article but I still advise that before any trader/investor is trying to have the management thoughts/check about their emotion/psychology, they should first ask themselves whether they are doing the right thing or not. Continue to hold your asset during the bearish condition might not be the best option with my current experience with Bitcoin. Those who are smart about this may even make more money by effectively managing their positions better than as though they were HODLing it. After all, it is about us making more money through Bitcoin and not pampering the asset. Unless otherwise, always keep your coin, even in scary market conditions, but I won't anymore, I've learned my lesson.

[Farma]

Beginner traders should avoid the market when it is bearish or they are going to lose. Traders that should be trading during when the market is dipping are experienced traders that have done it before because they know what to do.

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

I agree with you now mostly novice traders are not interested to learn by themselves, they depend on buying crypto signals which is so called vip signals in telegram private groups, those traders are actually too greedy, they want to rich quickly in trading in a day but such signals not work.

If as a beginner you do not want to learn well about trading then it is very detrimental to them if they experience a big loss while trading and if they hope to be able to make big profits from the signal group of course this will be very disappointing when they fail and it would be better as a beginner to learn about trading from those who are already experts in trading and if there is someone who can guide them of course this is very good for their learning process and after they understand well about trading then they can use trading signals as a comparison with the knowledge they already have, because if they only rely on trading signals then when they see market movements they certainly will not be able to make good decisions about the trades they make.

[Xcode7]

Beginner traders should avoid the market when it is bearish or they are going to lose. Traders that should be trading during when the market is dipping are experienced traders that have done it before because they know what to do.

yes, but usually novice traders just follow the signals given from several telegram groups without knowing what they are doing. Many of them immediately open positions without understanding snd,  it will make them depressed so they cut lose even though they are still far from invalidation position

I agree with you now mostly novice traders are not interested to learn by themselves, they depend on buying crypto signals which is so called vip signals in telegram private groups, those traders are actually too greedy, they want to rich quickly in trading in a day but such signals not work.

If as a beginner you do not want to learn well about trading then it is very detrimental to them if they experience a big loss while trading and if they hope to be able to make big profits from the signal group of course this will be very disappointing when they fail and it would be better as a beginner to learn about trading from those who are already experts in trading and if there is someone who can guide them of course this is very good for their learning process and after they understand well about trading then they can use trading signals as a comparison with the knowledge they already have, because if they only rely on trading signals then when they see market movements they certainly will not be able to make good decisions about the trades they make.

It would be nice for traders to have their own choices and decisions, but for beginner traders, most of them will only follow trading signals that are in line with that, they will slowly learn to be able to have their own choices, I think it's not wrong for that because for beginner traders it will be enough to learn except by doing it first regardless of what is done is what is followed from the trading signal. However, even so, when the market is bearish it will be quite difficult for beginners, they cannot control their emotions and do not have great confidence in the market situation, unlike experienced traders, when the market is bearish it is the time they have been waiting for.

[beerlover]

It would be nice for traders to have their own choices and decisions, but for beginner traders, most of them will only follow trading signals that are in line with that, they will slowly learn to be able to have their own choices, I think it's not wrong for that because for beginner traders it will be enough to learn except by doing it first regardless of what is done is what is followed from the trading signal. However, even so, when the market is bearish it will be quite difficult for beginners, they cannot control their emotions and do not have great confidence in the market situation, unlike experienced traders, when the market is bearish it is the time they have been waiting for.

I am not against newbies checking what others are doing, if they think that they can make profit using that then I am fine with it and I will not tell them to not do it. What I do worry about however is that they follow others at start and if they make some good money they are usually too late on making something changing, and because of that they end up with bad results, they should learn how to make some good amount of money from these things and not really worry about anything else. If they keep on trying to figure out a way to get better results, that will not be easy to handle at all, and it will definitely result with a bad deal for them.

We need to see how they could focus on making more money, and because of that it's a bad situation to be in. We are going to see this changing, and they need to keep on becoming better and better, so that one day they will stop using others and instead they start trading with their own knowledge and experience.

[Lanatsa]

Whenever bear market hits, then this would really be the primary thing that i do have in mind:

4. Look for rebound opportunities

You would be looking for the ff;
1. Support/Possible bottom
2. Selling pressure weaken
3. There are no further negative news that adds up on the pressure
4. Technical indicators confirmation

You would really be able to find up different condition for you to have that confirmation for you to make up some buybacks. Although it wont really
be that simple but at least you do already have the idea on what you should gonna do and you cant really just that make yourself panic and
doing nothing on which opportunity is really just that in front of you and if you wont really be that mindful about that then you would really be missing
out the opportunity on making profits.

It all matters on how well you would be able to assess out such market condition for you to have that kind of advantage instead of looking up to be negative.
This is why it would really be that recommended that you should really be sensible on the actions you are taking.

[Hamza2424]

OP I'm not aware of anything you've experienced or not but as you are a newbie and still posting such tips seems like you are an active experienced trader, if you are then congratulations on this successful journey that now you are exploring more things with this forum as a newbie, and if not than some of my words based on my little experience is if you want to control your self, make sure to not stick with the desktop or charts while the market is in consolidation zone in a bear market, grab the extreme dips and stay out of the market even don't look at charts again and again, have a good time with family to avoid any emotion decision.

[Silberman]

Trading during a market dump when prices are falling sharply requires a careful approach to minimize risks and potentially capitalize on opportunities. In summary, it's involves a combination of risk management, technical analysis, and strategic positioning. By staying disciplined and informed, you can better navigate the challenges of a declining market and potentially find opportunities amid the volatility. Here are some advice for you:

...

For most traders the best move they can make is to do absolutely nothing at that time, and this is because it is very easy to commit all kind of mistakes when the market is going down, mistakes from which it can be really difficult to recover, so the best thing to do for those traders is to recognize what is happening and stay away from the markets until things calm down, this way they will not lose any money while they avoid involving themselves when the markets are moving in such an erratic way.

[stomachgrowls]

Trading during a market dump when prices are falling sharply requires a careful approach to minimize risks and potentially capitalize on opportunities. In summary, it's involves a combination of risk management, technical analysis, and strategic positioning. By staying disciplined and informed, you can better navigate the challenges of a declining market and potentially find opportunities amid the volatility. Here are some advice for you:

...

For most traders the best move they can make is to do absolutely nothing at that time, and this is because it is very easy to commit all kind of mistakes when the market is going down, mistakes from which it can be really difficult to recover, so the best thing to do for those traders is to recognize what is happening and stay away from the markets until things calm down, this way they will not lose any money while they avoid involving themselves when the markets are moving in such an erratic way.

If you do found yourself on being emotional or not really that patient enough to see yourself on a bearish market then the most ideal thing to be done is to stop yourself on doing such actions on which we know that
it wont really be that something recommended for you to move further specially if your state of mind isnt really that something that on a relaxed state but rather you are really that being panicking
or simply not at ease on which this would really be causing up for you to make rush decisions which it might be that resulting into such bad trades on which we know that it wouldnt really be that recommended on doing so.

Emotional aspect is something that would really be that very common into this kind of period on which it would really be testing out your emotions and if you are someone
whose really that impulsive then you would really be ending up on bad decision making towards on the current condition you do have. So it would really be better
that on the time that you are experiencing these anxiety and less confidence then it would be ideal that you should be stopping at least and wait for the right
time on the moment that you arent that bothered anymore on doing such actions.

[Mr.right85]

Emotions have been extensively discussed in relations to trading but, it isn't noticeable in trading alone as, it affects even holders.
When the market goes bearish, despite the buying opportunity it provides, you really did invest so you can see it rise and not dump.
This prompts you to go for a sell as a way to cut loss but,the loss entertained becomes a permanent reduction of your portfolio. Best actions has always been to sell while, using the resistance line and support level to buy and sell within same market.