Are you affected by the present market trend?

[Gposas]

At the previous trend when the market was experiencing some green candles, I in person was hoping that it will continue throughout the remaining days of the year with the news I plunged to....
So I was quite relaxed without taking profit at initial time....
And now the market has turned against me and I'm keenly experiencing some losses and my portfolio is bleeding....
And the coin which I am trading on is PEPE....
With the current market situation, the fear index is literally more higher than greed...

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

[MrSpasybo]

At the previous trend when the market was experiencing some green candles, I in person was hoping that it will continue throughout the remaining days of the year with the news I plunged to....
So I was quite relaxed without taking profit at initial time....
And now the market has turned against me and I'm keenly experiencing some losses and my portfolio is bleeding....
And the coin which I am trading on is PEPE....
With the current market situation, the fear index is literally more higher than greed...

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

You mean uptrend and downtrend, not memecoins/Layer-2/GameFi/DeFi trends in the market?

Each investor has a different approach to the market and observes the market at different timeframes. I follow the weekly timeframe and have not seen any signs of reversal, BTC is still in a sustained uptrend since the end of 2022. I am affected by this price increase, I am quite optimistic and have not sold any tokens in my portfolio.

I am not too concerned about the recent decline in BTC due to the negative impact of macroeconomic and political news in the United States. I will wait for a clear signal on the BTC price chart to make a decision with my account. For now, I still believe in the bullrun in 2025.

[Faisal2202]

At the previous trend when the market was experiencing some green candles, I in person was hoping that it will continue throughout the remaining days of the year with the news I plunged to....
So I was quite relaxed without taking profit at initial time....
And now the market has turned against me and I'm keenly experiencing some losses and my portfolio is bleeding....
And the coin which I am trading on is PEPE....
With the current market situation, the fear index is literally more higher than greed...

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

I am also stuck in more than 10 trades, but I think calling this stuck is not good because from the start I planned to hold them for some time and I don't do future trading, so in the spot it's not a big deal to be in a $500 loss because with time the loss will be recovered. I am waiting for big pumps like the alt season.

I never traded Pepe and any of the other similar coins because I think they are risky and more volatile to trend and all those narrative things, although the coins I have invested in are also very narrative-wise but the diversification had saved me the extra problem and FOMO.

I suggest we should not sell at lose in times like these because this is temporary, did you invested all in only pepe (one coin)?

[electronicash]

with how to market swing, it think everyone was affected by how it dip and bounce. if one person just  panic thinking this was the start off bear market i think he would have lost his chance already. the trend can be so cruel for you especially when you are a newbie, who just think its time to invest and then the price just went from 108k down to 92k, its a heart breaker.

anyway, its now starting to go up again. if bull run isn't yet over then this will be  good entry point to buy. and just wish the market on 2025 will still be uptrend.

[TomPluz]

We already know that the cryptocurrency industry can easily swing from this direction to the opposite corner and sometimes for no solid reason at all...and all traders are quite familiar with this beast and that is one reason why we must never let our guard go down anytime as the wind can shift to the other side anytime. Of course, we can all be affected as our portfolio - just like what you experienced - can be manifesting RED and not anymore GREEN. However, we should not despair as things can also be back to where we wanted to be and that is something many are expecting to happen soon in January of 2025. Let's all just continue trading, polished our strategies and hope for the best.

[milewilda]

with how to market swing, it think everyone was affected by how it dip and bounce. if one person just  panic thinking this was the start off bear market i think he would have lost his chance already. the trend can be so cruel for you especially when you are a newbie, who just think its time to invest and then the price just went from 108k down to 92k, its a heart breaker.

anyway, its now starting to go up again. if bull run isn't yet over then this will be  good entry point to buy. and just wish the market on 2025 will still be uptrend.

If you are just new into this market then you would really be that usually having this kind of emotion on which you are really that still not get used to this volatility then you will be that too sensitive on what this market will really be that doing. It is really that important that you should really be that knowing at least on what are the main factors that will affect out someones trading or investment decision here on crypto space. It is really that important that you should really that know at least on how to handle up accordingly. It cant be avoided to have some emotional problems because we are just indeed humans, we do normally react out on the time that we do see our money is declining.

[Vx1]

Actually in trading cryptocurrency, I think we have to follow the ongoing trend to keep us potentially profitable.
It's not a matter of being affected or not, we can't go against the flow and don't be stubborn with our stance.
We do all that so that we can continue to trade and make a profit in any situation and condition.

[jeraldskie11]

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

Yes, and we all experience bad impact in the market. Honestly, if you experience losing in this current market trend you don't have to worry because we are still in the bullish trend. The downtrend was just a healthy correction of price. We can't see price action in the market that will always go up and no correction because all legit coins will always have that. I don't think if many of the investors selling their investment from that dump because the bearish market is not happening, we are still in the bull market and there's a altcoins season to come, and we should look forward on it.

[Mr. Magkaisa]

      -      If you are well versed and knowledgeable in trading and know the proper way to do it in conducting trading analysis, you are guaranteed that whatever the market trend is, you will not be affected in the end before you take a position in the trading activity you will do.

Because there are bases because other traders often get profits from trading. And this basis is what most people often do not have. What they base on is definitely right.

[sagarmota10]

I think almost trader shakeout in last month and get good number of losses but the things is we never give up on the market still 2025 and we will make good money soon in next few month.

Ups and down is the nature of market just matter of time and position size can save us while trading in any market.

Proper risk management can save us and keep us alive in market to be sustained.

[target]

So many been worried when the price decreased to 91k the other day. I'm sure many of the people who just bought BTC when the price was more than 100k are trying to save their money by selling their coins.

The BTC dominance decreased for a while until today where price surges again. Those who sold lost their money, I'm sure they are affected by how users reacts in every market direction.

[Asiska02]

At the previous trend when the market was experiencing some green candles, I in person was hoping that it will continue throughout the remaining days of the year with the news I plunged to....
So I was quite relaxed without taking profit at initial time....
And now the market has turned against me and I'm keenly experiencing some losses and my portfolio is bleeding....
And the coin which I am trading on is PEPE....
With the current market situation, the fear index is literally more higher than greed...

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

Are you talking about you being a trader and experiencing losses in your trade or you’re an investor that have invested in a coin and expecting the market to continue on an uptrend?

If you’re a trader, the market condition won’t matter most to you as you can earn profit in any direction that the market is going to, you just have to be able to analyze the market well and predict the exact direction of the market.

Being an investor is even much better now, with the market downtrend, you can still add more to your portfolio and not bother much about the downtrend. The market will always have some corrections and you have to be patient during those periods in order to get maximum result when taking profit in the long time.

[Sim_card]

At the previous trend when the market was experiencing some green candles, I in person was hoping that it will continue throughout the remaining days of the year with the news I plunged to....
So I was quite relaxed without taking profit at initial time....
And now the market has turned against me and I'm keenly experiencing some losses and my portfolio is bleeding....
And the coin which I am trading on is PEPE....
With the current market situation, the fear index is literally more higher than greed...

What are your thoughts on this, did u experience any bad impact of the present market trend or you were lucky to jump out before the red candles came in?

You should have taken profit when PEPE price was high. That would have helped you a lot because that was the first time that I saw such increase in PEPE. Nobody knows if PEPE will still be able to pump to such price again because it's not all meme coin that would be able to pump again after this dip. Assuming you were hodli bitcoin, I would have said calm down, this is a bullish year.

[MrSpasybo]

Actually in trading cryptocurrency, I think we have to follow the ongoing trend to keep us potentially profitable.
It's not a matter of being affected or not, we can't go against the flow and don't be stubborn with our stance.
We do all that so that we can continue to trade and make a profit in any situation and condition.

Yeah, we even have a trading method called Trend Following. Trend is our friend, we need to quickly identify and respect the trend to gain more advantages in this market. Going against the trend usually doesn’t yield good results, only professional traders can take advantage of opportunities in market reversals.

I used to research and develop many technical indicators but now I usually only use first-degree and second-degree polynomials to observe and assess the market. They often give quite interesting suggestions about the ongoing trend and help me prepare better before the trend changes ^^

[Crypto Library]

Actually, I myself was affected by this dump market but I believe that it is just a correction in the market and nothing else. Maybe due to Bitcoin touching a new all-time high price, there was additional selling pressure in the market, besides the additional out going in ETFs had an influence on the market.
But I am thinking that my investment will be recover soon as well on the altcoin and also on the bitcoin because of the altcoin I have chosen most likely they have potentially.