Topic: How can you manage potential losses during a crash - page 8. (Read 1190 times)

Nope, I disagree. There is a definite pattern lately. It will go down aggressively to a new low and then a correction phase starts within a margin of about $1000 from the previous low. If you have perfect timing, you can buy on the dip and make a daily profit of $1000 per coin on the correction phase.

In my opinion someone is definitely manipulating the price crash and they are making money doing this. The aggressive dip is a scare tactic to force down the price.

In every investment not all the time we can gain profits there's also losses, with this losses we can learn from it. That's why we should invest from our extra money not from our emergency fund.
If we loose don't give up, we should study again again so that we will not face losses again in the future.

i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though.

Businesses face many risks, anf one of those is losses, therefore proper management should be a central part of any business' strategy . Management helps you to identify and address the risks facing your business and in doing so increase the likelihood of successfully achieving your businesses objectives.

Losses management process involves:

methodically identifying the  losses in your business
assessing the likelihood of an event occurring
understanding how to respond to these events
putting systems in place to deal with the consequences
monitoring the effectiveness of your losses management approaches and controls
As a result, the process of  management:

improves decision-making, planning and prioritisation
helps you allocate capital and resources more efficiently
allows you to anticipate what may go wrong, minimising the amount of firefighting you have to do or, in a worst-case scenario, preventing a disaster or serious financial loss
significantly improves the probability that you will deliver your business plan on time and to budget
management becomes even more important if your business decides to try something new, for example launch a new product or enter new markets. Competitors following you into these markets, or breakthroughs in technology which make your product redundant, are two risks you may want to consider in cases such as these.

Everytime we always check the price we tend to sell all and forget everything. But, the total lose really are huge that it's hurt our pocket. So, I manage to hold, think all will be well and price will jump high again.

There is no way to manage potential losses rather than holding and waiting till the price is reasonable enough again. At this moment the value of all cryptos fall and making panic selling will surely incurred holders too much loss. We all need to be patience and keep trusting the market. It is believe that recovery will take over soon and this crisis will end.

To be honest for me holding is the best key so you wouldnt feel this losses try to dont panic every time crypto decreasing or try to sleep and dont see your blockfolio lol i think it will helps you a lot for our safety.

Holding your coins is always a good option ,but make sure you average your loss my buying the coins at dips ,so that you will be having a bigger profit rather than holding the coins and selling at a mere profit,the strategy outlined by OP is a good one,but i does have its risk,but prices are swinging in both ways on a daily basis,if you can monitor the market carefully you can make profit in any market condition.

Yes. This might actually work, if the pattern stays like that for a period of time. But we all know that cryptocurrencies are impulsive, they change from every single time passed. There is no pattern to follow in the changes that occurring. It is totally random even though I read that some people were trying to manipulate the price, if that's true, still they cannot change it the whole time these cryptos are existing. Maybe they affect the cryptos now, but tomorrow, it will be a different situation. The point is even though some people tries to influence the whole cryptocurrency world, the chance of success is low because they are like fighting the future. Another point is even  we have references for theorizing some stuffs, still we don't know what will happen next. So you can't just simply rely on strategy like this, you must have series of them to be able to cope up with some possible scenarios.

What the op is suggesting is nothing more than to trade to get our losses back but for that you need to be a talented trader something that is not easy to achieve especially when the market is so difficult that is why holding is the less risky strategy, and the one that gives better returns to those that are no good at trading.

Exactly, in crypto market, you have the option to sell or hold during crash. But again its totally upon the investor. So if a investor doesn't wants to take more risk he/she shall sell off few to whole of his holdings to reduce more loss if the crash continues as of now as its happening. Best would be to hold, but playing safe to sell off 30-50% and holding the rest can be beneficial and can turn out to be profitable.

It really hurts a lot whenever you are seeing the price slowly going down it is just like someone special to us broke our heart, but it doesn't matter as we all know that hurts will eventually heal when our heart is fully recovered by recovering the price. So, it is just a normal feeling guys, we don't need to take it seriously just hold and be positive.

No one can predict if the next day is another dump or pump so eliminating potential losses is quite difficult to handle, again we are not professional speculators and what we only have is the instinct of whether selling now is a good profit compare tomorrow. Actually investment in cryptos is a matter of our personal beliefs and setting of our own limits if we think the profit is good enough, we sell, if its not, we hold.

A lot can even happen within 1 minute when there is a huge dump or panic sell based on some expectation in the market. Sure, he may have dropped it as a suggestion, but in this market, it seems like something that is highly risky to do. For anyone who is unfortunate enough not to have detected the bearish trend long ago and sell to be able to buy back when a bullish trend is about to start, then there is really no need for them to bother themselves selling anymore. They should just hold even if they are going to end up getting the best of their investment in 2 years.

If you know you will incur a loss if you sell your coins during crash then it is better to hold it and wait till the price go up to avoid such losses. While you still holding your coins even the price value is low, you still have no loss because it is still yours and has the possibility to increase again to gain profit.

I think you can feel it if you think that crypto is starting to crash. Through being updated and awareness , you could prevent your financial losses anytime. Kust be knowledgeable enough, and do some points of alertness in the crypto market

My suggestion for this one is to liquidate your assets as soon as possible. If the decline is consistent then do not expect that the prices will go up. This will minimize your losses but for real estate assets the trend could be different. After a flood or a disaster, the prices will definitely go down but give it 3 to 5 years max and your losses would lessen.

OP had just explained how bear markets work.

Any doubt we are in a bear market?

there is nothing we can do that we can do can only wait until the price back to normal and be patient not to be easily provoked emotion or affected with others. patience is the key.

I think this was a good suggestion, rather than doing nothing and wait until price return to ordinary buying price. Its one of a plan to cut your losses short, i do basically cut my loss when price dropped below $10k mark, some people tend to did partial cut losses like this strategy, but i tend to cut all in a single order rather than doing that because its hard to do partial order and you should glue yourselves all day in front of the computer in order to do this kind of strategy