Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high. Timing is everything if you will wait for the bull market you probably lost hope in trading. Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
that is the concept of trading, buy low sell high compare to the buying price, we should not aim for a high percentage of income in trading, as long as we can earn everyday then it is enough to fulfill the personal satisfaction in this bear market.
Yes I agree with you. We need to set target amount or percentage that we want to earn. Sometime greediness is the reason of failure in trading. Everyday is an opportunity to earn from up and down of the trend of the market.