Post
Topic
Board Trading Discussion
Re: Should I stop trading in this bear market?
by
k1ng0fBTC
on 16/10/2018, 07:19:38 UTC
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

Bitcoin and ETH are currently in the bear market however alt coins can far more volatile. What I do is trade bitcoin for alt coins as alt coins tend to be far more volatile due to lower volume compared to bitcoin and ETH. From this you can profit at a greater rate from the highs and lows of alt coins.
In good conditions everyone can trade, but the skill is this that you trade in this bearish situation and make money. A good trader means that he can make his way in any condition. In these days the market is red and hard for traders but successful traders will be more successful if the pass away this bearish situation with huge money. Don’t run away of the current hurdles of the market.