Post
Topic
Board Trading Discussion
Re: Should I stop trading in this bear market?
by
bedford1972
on 01/12/2018, 19:02:36 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?
The issue is complex. Everyone has their own strategy, which people use. If you are an investor, you should distract yourself and forget about your investments for 2-3 years. Put a price notification on your phone and move on with your life. The time will come and you will take your profit at the price you are interested in. If you are a trader, then you should gain knowledge and experience. The best thing is to combine investment with trade. You hold a part as an investor, trade the rest and increase the investment portfolio.