Just holding will keep you free from any unwanted losses. Just hang on when the price changes, because we do not know the cause of the current market conditions and will definitely make new people panicked and sell their coins at cheap prices. This will be an additional cause for falling prices. The best thing is holding when the price is reduced. Probably one of the best advices about how to deal with this crash unfortunately I do not think that a lot of people are going to follow that advice, I really think that many are addicted to looking at their holdings and how they are doing, it should not be like that especially if you are a holder, even if I have not sold and I do not have any intention to do it I will admit that I'm guilty of keeping those sites open and checking them more than I should.
I think the best advice I can give is to hold and never sell when you do not get the profit yet. I can only give you that advice. It is the safest way to make profit, but it may take a long time. Just like long term invest, you need to be patience and do not bother about the bad news and the price situation. If you can do that, then you do not have anything to worry about. Just focus on collecting cryptos that you want, and invest as much as you can. So that when the price is increasing, you will get a lot of profit and the time you spend to invest will not be wasted. Never sell if you do not have the profit yet, not like some newbies who do not know anything about crypto. 
Topic: BEST advice for this Crash - page 5. (Read 2174 times)
If you do not need the money, hodl is the right choice. If you need the money, you'll have to break your money. You can also try to trade. The more you have free time, the more you can trade and reduce your harm 
Just holding will keep you free from any unwanted losses. Just hang on when the price changes, because we do not know the cause of the current market conditions and will definitely make new people panicked and sell their coins at cheap prices. This will be an additional cause for falling prices. The best thing is holding when the price is reduced
1) Close the following windows in laptop or phone: coinmarketcap, blockfolio, cryptocompare
2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
Probably one of the best advices about how to deal with this crash unfortunately I do not think that a lot of people are going to follow that advice, I really think that many are addicted to looking at their holdings and how they are doing, it should not be like that especially if you are a holder, even if I have not sold and I do not have any intention to do it I will admit that I'm guilty of keeping those sites open and checking them more than I should. 2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
When I came to this market, I clearly understood all the risks. But I know many people who only think about profits and forget about the risks. They lost almost all the money in this fall. There are a lot of such people among us.
espeically for the new comers in the crypto currency itself. In fact that you can see about there is a lot of new comers lack of knowledge about trading method. The majority of them can't be patience and they are all only cutloss their investment if they are in the bearish trend.
I agree, go out more, work out, read etc. Try not to look at blockfolio. If you are like me and still want spend time on crypto, read about new developments or projects. Try to learn a new skill like TA or FA. Anything that will help you in the long run. By the time you have done all this the markets should recover and you can go back to obsessing over your blockfolio balance.
When I came to this market, I clearly understood all the risks. But I know many people who only think about profits and forget about the risks. They lost almost all the money in this fall. There are a lot of such people among us.
I like your optimism and I agree with your opinion. The market is cecular and we must be able to wait for the next big growth. I don't doubt that growth will happen. Each fall shake the weak money out of crypto market.
It is at such times that we get the most useful experience. It is necessary simply to go through it. When the situation repeats in a year you will be stronger.
You can,
Cancel the subscription of your online services ...
Go to the beach, feel the soft breeze of wind in your face and hit the water with a mighty splash ...
Treat yourself with gallons and gallons of your favorite ice cream.
In conclusion, take off completely and entirely in your mind that you even have an investment. Period.
Cancel the subscription of your online services ...
Go to the beach, feel the soft breeze of wind in your face and hit the water with a mighty splash ...
Treat yourself with gallons and gallons of your favorite ice cream.
In conclusion, take off completely and entirely in your mind that you even have an investment. Period.
When in time of crash like this, you must be cool. Never panic on the bloody coins in your cointfolio that may result to panic selling. Observe everything and always think that it will always happen and in the nest day it will turn to green coin market cap again.
In my opinion, it is better to make your own research and trust your guts.
I was asking myself what to do when cryptocurrency goes down and found out that the most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on exchanges right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
I was asking myself what to do when cryptocurrency goes down and found out that the most of the privacy coins are undervalued right now.
The best opportunity is to find a privacy-related project with a low total supply (less than 100M), that way the price will be increasing much faster.
I recently found one project called Ethereum Meta, it is related to anonymity and untraceable transaction. They have a very interesting project to build the Anonymous E-Market Place.
They are on exchanges right now, you can check their website: https://ethermeta.com/
Or even better go through their Bitcointalk thread: https://bitcointalksearch.org/topic/future-of-privacy-ethereum-meta-foundation-of-anonymous-e-marketplace-2659058
If you do not need the money, hodl is the right choice. If you need the money, you'll have to break your money. You can also try to trade. The more you have free time, the more you can trade and reduce your harm
Invest only what you can afford to lose, this market will not go up always so better to prepare yourself for a dump like this. Hold on your position, stay away from looking at your portfolio every second and for now enjoy the life in real world. Cryptocurrency will bounce in the coming months, wait and just relax.
I agree, this is the best thing to do. Some of us are doing pannic selling because some of us are weak and some of us are also afraid to lost money. Which is also a good thing.
But the super best thing is to hold and take this crash as a chance to buy more. Because in a few months or years crypto market will going to rise again and it will give us big profit. So hold, wait with patient.
But the super best thing is to hold and take this crash as a chance to buy more. Because in a few months or years crypto market will going to rise again and it will give us big profit. So hold, wait with patient.
One of the best right up on this forum and I think this advice you give should be what we should do. As long as I have fund I will keep buying and I am going to hold for a long-term and I don't care what happened now and few months from now.
Its ok to look at your portfolio everyday but please don't make any action because of that shit emotion always remember the reason why you are here. Dumping market doesn't mean its the end, its just another opportunity for you to have more holdings. Always do what you think is right and enjoy your life, stop focusing much on making money.
I did the first thing, not really caring, maybe its for the better!
We have option to do and the best action on this down fall of bitcoin price. I just hold into my bitcoin for a better profit, and I did was temporary uninstall the apps of blockfolio. And, I will reinstall it once I heard a good news about bitcoin that others could continue in buying. Hence, I am certain that this down market is just temporary.
1) Close the following windows in laptop or phone: coinmarketcap, blockfolio, cryptocompare
2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
What i did is :
1. I close all my tab which connected to my portofolio.
2. Uninstall all portofolio apps on my phone and clear any chace related to market.
3. Visit speculation thread only for laugh and visit seriouse discussion which not too related to market.
4. I will open it latter at the end of this month or in june
One of the best right up on this forum and I think this advice you give should be what we should do. As long as I have fund I will keep buying and I am going to hold for a long-term and I don't care what happened now and few months from now.
1) Close the following windows in laptop or phone: coinmarketcap, blockfolio, cryptocompare
2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
2) Live
3) Reopen in few months
4) Enjoy
this happened in the past, and will also happen again in the future.. Blockchain will succeed, the market is still only a minimal fraction of what it is going to be in some years.. dont be stupid.. dont follow the mainstream's fear. use your brain. this is all just panic. only the strongest hands will survive!
ps: keep the good vibe, ..positive comments are welcome, ... negative comments keep for yourself or post in a suicide forum, i dont care! (THIS IS SPECIALLY DEDICATED TO YOU .. username in bitcointalk : "ZOMBIES" .. go away and buy a friend!)
Great advice! I'm sure that your optimism has become useful for many newcomers, who are now very scared. They often ask here about whether bitcoin is a bubble. All this from uncertainty in crypto and lack of experience.
I think the best thing to do is to liquidate half of ones portfolio to fiat and wait for the market sentiment to change, this can easily being read by using Google analytics. I know this will change, the market grow so big in a small period of time and the dust settle down they we are likely to see the bull run return
In a world full of uncertainty, and failures, crypto is not exempted from it. It's crash may affects our emotion so much, but its up to us how we respond to it positively. Stay positive, keep calm, take actions to move forward, start looking ways for the betterment, and learn from the previous experience. Jump to: