when the price of crypto coins goes down there are some good choices to make, if we still have coins we may be able to hold the coin in a longer term until the market situation is truly recovered and certainly until the price of the coin has exceeded the price at when buying.
and also when the price of crypto coins is experiencing a decline like now, this could be an opportunity for us to buy some coins because of the low price of coins, and there are still a number of other options that are right to do when the market conditions are like this.
Topic: Do you have a backup plan? Suggestions please (Read 900 times)
My plan in cryptocurrency is to always keeping a spare of fund to keep for future need. And i always have warned myself not to make any lending to make an investment into cryptocurrency.
I have never seen so much anxiety before. With scams all around, the market going down, so many uncertainties, how to cope up from all of this when you can't be sure about your investments?
Do you keep a backup plan? How do you manage when things go down in crypto?
Do you keep a backup plan? How do you manage when things go down in crypto?
If there is too much fraud and scam projects, take aside your investment and trading activities, you should focus on a safer way in earning coins and it is through bounties or become a bounty hunter which will give you good profit.
at least in crypto don't just focus on one thing only. When one area gets a stalemate so should be able to cultivate to find other ways to stay productive on the crypto. When prices fall like this example certainly should be able to find other ways to be able to produce such a small spike harness for trade.
I have never seen so much anxiety before. With scams all around, the market going down, so many uncertainties, how to cope up from all of this when you can't be sure about your investments?
Do you keep a backup plan? How do you manage when things go down in crypto?
I've always tried to spare some of my funding just in case something unwanted happen, just like the market condition like today.Do you keep a backup plan? How do you manage when things go down in crypto?
That way i will still able to do something else even if the market dropping like this.
Don't start selling your altcoin assets for now even though Etheriun continues to decline because it will make things worse. In my opinion, don't give up first in terms of participating in gift and investment campaigns.
My plan is to realax and hold my coins. I invested a small amount of capital as reccomended by most of people here so that my losses really don't create stress.
That's why you should invest with the amount you can afford to lose. so when the market is bleeding and there are many investment sites being a scam. you don't stress because of that. because you were prepared for that risk.
in my opinion, don't give up first in terms of participating in prize campaigns and investments. do not start selling your altcoin assets for now even though Etheriun continues to decline because it will make things worse.
My back up plan in case of continuous downtrend is to continue buying on the top 20 coins every time there is a sharp downfall on the market but in a small portion of my money unlike what I'm doing right now where I buy a somewhat bigger amount of what I can afford to lose.
looking for another job when the crypto market falls is the best step. because waiting for market recover is very long, and you will be tired if only the hodl and there is no effort for other jobs to back-up your income. so I started selling online to wait for the crypto market to recover.
I have never seen so much anxiety before. With scams all around, the market going down, so many uncertainties, how to cope up from all of this when you can't be sure about your investments?
Do you keep a backup plan? How do you manage when things go down in crypto?
Do you keep a backup plan? How do you manage when things go down in crypto?
If the price keeps on falling due to bearish market then better to hold your top ranked and promising assets as what is the point of selling them at low now in which for sure it will just lose your investments but if your Altcoins are no activity and no promotion so that people will be attracted to invest in the future then consider it a crap coins and better sell it right away to minimize your losses.
I have never seen so much anxiety before. With scams all around, the market going down, so many uncertainties, how to cope up from all of this when you can't be sure about your investments?
Do you keep a backup plan? How do you manage when things go down in crypto?
I always have a second plan for my cryptocurrency investments. For instance, once I see a possible signal for a bearish period, I ensure I keep half of the tokens I already have in an exchange to USDT. While doing normal trading with the other half. Do you keep a backup plan? How do you manage when things go down in crypto?
My backup plan is to go to work, but I would not want to, I think the coins should grow. While studying white papers and project ideas.
There are very worthy projects among all the trash, I do not like that there are a lot of scammers.
There are very worthy projects among all the trash, I do not like that there are a lot of scammers.
I have no backup plan regarding on cypto prices that are going down. Lucky for me, that my invested coins are not affected much compared to almost other coins and tokens. If this happens to you and you are affected much. Much better to just hold on to it and just wait.
I have never seen so much anxiety before. With scams all around, the market going down, so many uncertainties, how to cope up from all of this when you can't be sure about your investments?
Do you keep a backup plan? How do you manage when things go down in crypto?
Do you keep a backup plan? How do you manage when things go down in crypto?
Just stay calm and believe in cryptocurrency! And profit will not keep you waiting. Hold!
Just sit back and relax, if you can buy more while it's cheap now to increase your stack that's good.
The problem is that most of us don't have money now, as we've already sold our houses in Jan to buy BTC when it costed $20k, haha. I'd suggest to sell now, and then buy back when the price will go deeper (and I believe it will). Holding is a strategy that doesn't work now, unfortunately.
My plan is stoping trading and investing, go camping or travel to somewhere. And my best choice is keep going on doing bounty campaign. 
Best option I think also. But confused about cryptocurrency world. I hope the market can overcome after few of months. But no more big investor not coming. Many of ICO project getting fail now.
You always should have a backup plan and diversify your funds. I mean that you should never invest all your funds in one industry, because it won't bring anything. Put 50 percent in crypto and other 50 percent in the stock market or something else.
Always to have an options,backup plans needs to be set before you fully invest your money, diversions and allowing yourself to adjust each time you see some failures with your first attempt, if you have a good strategy and plans while you are in this investment you will be able to survive and keep yourself
working properly and not to lose your entire investment, always need to be in a safe side though risk are there you have some good chances not to lose too much.
The backup plan is of course with bounty campaigns, traders, or maybe investments in the real world by buying property or maybe starting a business selling bread or food and the like, never give up, there are still choices we can make. Be a winner for yourself or forever you will be trapped in the same puddle
everyone must have a backup plan to deal with the current conditions. Because if not, you will not be able to survive in cryptocurrency. It's all about how you can have a clear plan
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