Trading Tips During Bear Market

[babu10]

Very useful post for all traders include me. I was searching such kind of trading technique which may help in my trading and i got it from your post. Very innovative post. Thanks

[Chomzzy]

The information you shared was helpful .
But I would like to add to your post, that one must also understand the basics in cryptocurrency before jumping into trading.
One must not be greedy as well.
One must not fomo , because it can cost you your trading capital.

[mimikri]

Now, all the men, who understand that they can lose much when trading have become holders. It does not mean, this is the perfect strategy. Simply this is the period to hold the cryptocurrency, not to trade it.

[Stuart]

This is a precise and informative write up that will be very helpful to knew traders. And before going in into trading, one should be able to understand the moves of crypto currencies, the losses and gains.

[mimikri]

As for the guys that do not have any experience in trading, they are welcome to stay longer on this Forum and read attentively most of the threads - it will help them.

[Wasimalik]

Bear market continues and the prices of all crypto currencies are getting worse. I see many traders still try to earn money even if it is in bear market. I am curious in what way they can do with bad condition of crypto market. So, I google to know more about the strategies or tips. And here are the tips that I got from an article:

Trading tips in the bear market

1. Stop losses.
Key point: You need to set a trailing stop.

2. Take profits.
Key point: Plan multiple targets and put the targets on the lower side of crucial resistance points.

3. Target "Stop losses" and "Take profits" at the right places
Key point: You must study the charts, check the volume, use algorithms, and much more. Finally, you will use a technical analysis (TA) to set the targets correctly. You are hoped to be a skilled analyst.

4. Joining a community
Key point: You need friends to deal with various conditions in cryptocurrency. You will never win by being a single hero. A good community can lead you, remind you, share a lot of crucial information, and other useful things that you won't get fighting alone.

To get more information, visit this link =>Click<=
 

I hope this will be useful and helpful for everyone.

Good tips man! I think these tips will help many newcomers. Keep the good work up man. 

[I-Bit]

~snip~Good tips man! I think these tips will help many newcomers. Keep the good work up man. 

Thank you brother. I am happy if it is helpful for newcomers. I will try to add another useful tips in the future.     

[Nate12]

Nice trading tips. putting stop losses for trading pairs is the effective tip i use for ledu trading. works most of the time for me.

[verifyme]

I agree if we still can do trading although we are in long bearish. The point is how to set proper strategies in trading. The tips above is one of the solution to determine proper strategies. We can prevent from losses and maximize possibility to earn profits through the tips. I think it is very helpful, not only for me, but also for all traders here.

[Speaker]

Basic advice every investor should give himself, based on his past mistakes. You can improve your trading skills, as in the bear market you can open short positions trading inside day . If you have invested before and now your investment is worthless, the best advice is just to observe and study the market.