Quote from: VK.point on Today at 08:30:23 PM

Quote from: Coin_trader on Today at 08:13:24 PM

Quote from: VK.point on Today at 08:04:15 PM

What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.

We are on Bearish market without a sign of reversal. So it's normal that price will go sideways to the known support and resistance which is the 30k and 40k respectively. There is no major news neither good nor bad that's why the price can't reach the confirmation point for the trend. It's better to scalp or short trade right now since the ATR is quite stable per day though.

Good advice from you, and I must be very grateful for taking the time to have a warm discussion. I trade in several altcoins as well as BTC. To be honest I wasn't surprised in this atmosphere, because I thought it was very natural. For me as a trader it is well aware, because this is cryptocurrency. One of them is a rapid rise or fall in price. I choose to hold and remain patient. Thank you.

What point you buy your current holdings? Holding is good when you buy within the current range since you can still have a profit with minimal chance of last whichever direction price go. Just keep an eye on the support and resistance and make sure you will set stop loss if ever the price breaks the support since it will create a far longer bearish market. I'm still positive on Bitcoin but I already convert 70% of my asset to fiat and waiting for uptrend confirmation before I enter again.

Try margin trading if some your asset is in loss. You can use your losing asset to margin trade and you might recover it once the price moves up even without reaching your original buying price. Goodluck and trade safe.