I do my best to keep calm and avoid selling when the price dips.
I stay positive, the trend will reverse for sure. Regret from panic sale is just not worth it.
Topic: How do you stomach the dips? - page 3. (Read 2091 times)
The SEC has little to do with the effect on crypto. There’s always going to be a so called catalyst, we are in a brand new emerging market. We’re ahead of the big institutional houses and we’re experiencing their UBER effect. Forget ETF’s and other distractions focus on your positions and be patient. Just my 2 cents.
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.
If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.
Once i am already in red and I do not try to do any activity but I will hold patiently waiting for reversal so that i can get out. If i have another fund I will then buy at dip and sell after one or two points and wait for the price to reach my former entry point or a little below it then I will enter again and hold to sell off after some upwards movements. In trading you need a lot of patient and a little emotions.
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
AS of this time,its not only 20% instead more than a hundred percent or even higher depending to what coins we are referring.but i can still manage to keep patience and I don’t need to stomached the dip,instead i am bearing with thiss and lucky i can make some profits even with this kind of market
Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.
but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.
Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time..but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.
Your head will only become dizzy if you want it to, but I really do not see the reason why anyone should set themselves in this kind of condition as long as they understand the long term benefit of what they are holding. Dips and downtrends are very normal in a market and what makes a lot of people to see it as a problem is because they are busy looking at what they are not getting from the market now and they tend to miss the fact of what they could be getting from the market in the future. For someone who is in that position, setting priorities straight becomes something hard to achieve.
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
To be honest, if i can sell it, i will sell it and buy back. But if i'm late, nothing to do except hold. Of course no one in this world not want to loss in trading activity, and holding not make us loss because not sell our coins yet.
Yes, of course, I usually only hold them when dips because I think it's better to wait and analyze the situation than to sell Bitcoin. So I'll save it for the long term because this is the most profitable way to invest in the digital currency market.
it's a true story when we trading bro. after three months with this job. i lost 50% my capital
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.
Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.
but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.
Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time.. but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.
Hold it if you are do long term trading. For day trading you should be use stop loss after bought any coin, and the stop loss level about 5% to 7% and take profit about 10% to 50%, for situation of crypto market now, doing day trading look more profitable because some altcoin was push from the bottom.
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
I usually don't. I just sell my holdings before it goes down that way. It is really good to cut your losses before you lose your mind and regret it all at the end.
Everyone have different plans for trading but according to me, I mostly use following strategy for trading
1. When I am interested to buy a coin then first of all i wait for some dump
2. Then I bought it with Very small amount
3. I will collect my profit If price goes up otherwise if more dump happened I will buy more as I have enough money remaining because I bought with small amount only
4. After buying with much of my funds due to more and more dumps going on , I will change myself to hodl position
5. I will calculate my average buying price and off course will sell all of them as soon as I will get price above my average buying price
6. Enjoy profit and a look for another trade
This technique always work fine for me and earning a lot
Thanks
Remember : I have always some backup funds for safety if anything happened bad with my investment, it helps to stay in market always
1. When I am interested to buy a coin then first of all i wait for some dump
2. Then I bought it with Very small amount
3. I will collect my profit If price goes up otherwise if more dump happened I will buy more as I have enough money remaining because I bought with small amount only
4. After buying with much of my funds due to more and more dumps going on , I will change myself to hodl position
5. I will calculate my average buying price and off course will sell all of them as soon as I will get price above my average buying price
6. Enjoy profit and a look for another trade
This technique always work fine for me and earning a lot
Thanks
Remember : I have always some backup funds for safety if anything happened bad with my investment, it helps to stay in market always
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
First of all anyone selling at the 20% plus drops would be the unreal person with no sense about the crypto trading at all. The crypto currencies are prone to drop all the time and its no wonder that we will see this happening all the time around the crypto world. All you need to do is just wait and watch the crypto market regain its dominance one more time as it will always do that without any question. Simple sell when it recovers and simply buy when it drops one more time.
Whenever the crypto is dropping you should be in the buy mode literally and when it is pumping then you should be ready for the sells. Keep it that simple.
When the cryptocurrency market is not good, I will try to forget it and do something else.I will hold those potential coins.But I also have some stop loss strategies.Don't let yourself lose too much.
While it is painful to watch the market when everything is going down, it is something that you need to do because even if people concentrate a lot on the profits that they get out of their trades the truth is that the money that you do not lose in your trades is way more important, this is something that I have notice after some months of trading, your profits are not as important as your losses. How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
every situation has a lot of different speculations, especially in the current rate of decline. of course you must have a plan first. but if the market tends to be stable I will hold it for as long as possible.
When the cryptocurrency market is not good, I will try to forget it and do something else.I will hold those potential coins.But I also have some stop loss strategies.Don't let yourself lose too much.
How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
It really depends on the coin that you are talking about, if we are talking about bitcoin I do not mind holding no matter what, in fact I held my coins during the last crash that we saw and I didn't have any kind of problem with it, but if the money we're talking about is one that I'm using for trading then I have a very specific amount of money that I'm willing to lose in each trade and as soon as that amount is surpassed I sell my coins. 
I really hate this dip that happening on the market and in the whole industry of crypto. There are too many factors why this is happening in the market. Hope that this will end soon. I'm very excited on the payday as I have to many coins and tokens that was pending to be sold. Hope that this monster end and the December will be great again like last December 2017.
Our stomach ends up being empty due to the market that when we sold our coins we might regret, but it may not reach ATH last year but as long as it increased at a good price. it will be a happy tummy December. Jump to: