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Topic: How to handle tough times in cryptocurrency? (Read 3182 times)

newbie
Activity: 84
Merit: 0
January 22, 2019, 02:42:18 PM
Try to research and get more knowledge about projects, cryptos, exchanges. The more you know, the more you secure and will get more profit. Also try to take part in a bounties ( reccomend from Huobi Russia ). During it you will get much more information, and will decide, to take part in ICO for example. Also you will understand, to stay in a crypto or leave it. It's all up to you!
hero member
Activity: 1246
Merit: 529
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Bitcoin fell from the date of writing this post three times, in this case, we can only wait for a new maximum!
I really hope you are right on that seeing that the market is showing no better sign of improvement as much strict laws gets in place from so many countries on the crypto and there is price auto-correction to

Well it's already obvious to everybody that crypto, bitcoin mainly, is not in a very good state. The last time it was in the same kind of movement was when it steadied itself around 6k for more than a month. Not it's stagnating around 3.5k. I just hope it doesn't make any drastic dumps this time.
full member
Activity: 1750
Merit: 118
what I will do if we lose in trading, then we can maneuver quickly, I will trade in some coin which I consider useful, I will not use all the money I have because the potential losses can come suddenly, so make observations with very thorough and made a prediction to be a guide for me to trade.

its already given that the market is in tough times or dump in short .  so my question is how can you possibly trade ? you will only continue to loose more if you insist to do it  . the best way to combat tough times is by not doing any risky activity such as selling although you can buy as many as you want  . going offline for awhile can also help you calm down and relax  .   sometimes we need it becuase bad vibes can only make the situation worst  .
member
Activity: 812
Merit: 10
https://hovr.site/
Bitcoin fell from the date of writing this post three times, in this case, we can only wait for a new maximum!
I really hope you are right on that seeing that the market is showing no better sign of improvement as much strict laws gets in place from so many countries on the crypto and there is price auto-correction to
full member
Activity: 1162
Merit: 101
In the case of crypto currency, if you are in a losing position, that is, you simply do not sell your assets, then you can only wait for their growth
member
Activity: 518
Merit: 14
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

what I will do if we lose in trading, then we can maneuver quickly,
 I will trade in some coin which I consider useful, I will not use all the money I have because the potential losses can come suddenly,
 so make observations with very thorough and made a prediction to be a guide for me to trade.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
Bitcoin and crypto market hell our life last one years and I have seen many people sell their bitcoin with 40%loss. Bitcoin price only dumps when traders sell their asset low price and miner sell their bitcoin low price.I was rest from trade last 4 month and wait until bitcoin price up to 5000$ or up because  i lost my money for trade and hold bitcoin.



To handle that situation we will made lots of patient it will be recommended by the experience in people also so I also think if we had patient level want then hire you can definitely solve any problem that happened to your investment and in cryptocurrency field but be only with patient is also not valuable at one time we need to make good decision using your patience will be the meaning for that.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
Bitcoin and crypto market hell our life last one years and I have seen many people sell their bitcoin with 40%loss. Bitcoin price only dumps when traders sell their asset low price and miner sell their bitcoin low price.I was rest from trade last 4 month and wait until bitcoin price up to 5000$ or up because  i lost my money for trade and hold bitcoin.
legendary
Activity: 2366
Merit: 1206
Passion is the only thing to keep a person for staying with this kind of scenario or situation. If you're at the losing position and you aren't used to it, then you will end up losing everything from any field you choose to go so. The best thing you could do to handle the tough times in cryptocurrency is to be passionate about it and persevere with security. Even though you lose, you have to stand up and become a winner. Don't give up and just keep it. Look for any options you could do to stay and find another field to aid the losses.
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
The best to do is to sell off and then buy the dip and sell off at reverse and then repeat the cycle. Alternatively be patient and allow the bear trend to end then come the bull trend where profit is assured.
You probably make sense with your saying but the selling off don't work sometimes if the crypto investors or traders in charge don't carefully study the trend which the market pose at that moment cause the crypto market is full of many possibility which we both know. However, I believed controlling ones feeling in terms of thirsty of making profit while gradually seize every moment is the best way to handle every tough times in crypto currency.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

Theres no other way to stop trading and just buy coins to hold in your folio

And stop checking the market price from time to time so you will refrain from seeing some panicking issues just like what i am doing in this very moment  because i cant stand losing continuously
jr. member
Activity: 308
Merit: 8
The best to do is to sell off and then buy the dip and sell off at reverse and then repeat the cycle. Alternatively be patient and allow the bear trend to end then come the bull trend where profit is assured.
member
Activity: 490
Merit: 10
We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

I think we should not continue trading or investing anymore. Let your mind rest for a while until you prepare for a powerful return.
Don't force yourself to do what you don't want to do. Stop trading and observe it. I believe that in a short time, you will be able to design your new strategy and it will work.
hero member
Activity: 1134
Merit: 517
Just keep watching the market and HODL!
Either you can hold or sell. If you are optimistic that it will not fall to much then you can but if it seems that it will drop too much then why hold. Just sell it and again buy it once you think it will move. And, also you can use stop loss formula.
full member
Activity: 1162
Merit: 101
Bitcoin fell from the date of writing this post three times, in this case, we can only wait for a new maximum!
member
Activity: 812
Merit: 10
https://hovr.site/
Just be very watchful of the market and try to make sense of the wave the market is heading to dont just make random guesses research and hope for the best Also use less resources in asset till market seem to recover
full member
Activity: 686
Merit: 108
As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.
There’s a thing called long term trading because the market will not always move in favor to your target price so we really need to wait for the right time before we trade again. Its good that we should look for other things and don’t just give up because of the market trend. Tough time will make us better for the future, you should treat it well.
member
Activity: 546
Merit: 32
As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.
It's imppossible to do anything when we're actually losing just as you have said and the reason is because we have no effect on the price of cryptocurrencies and also based on its unpredictable nature
And since we cannot change a falling price and revert our loss,its best to adopt strategies that reduce such loses,such as the stop loss technique and investing with a small amount of money

Don't think about yesterday the next day will be not good does you expect when you think about the previous day think what you are doing now will be the more important for the future this will help you to leave the negativity in your work
legendary
Activity: 2058
Merit: 1270
Play Poker on Telegram
As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.
It's imppossible to do anything when we're actually losing just as you have said and the reason is because we have no effect on the price of cryptocurrencies and also based on its unpredictable nature
And since we cannot change a falling price and revert our loss,its best to adopt strategies that reduce such loses,such as the stop loss technique and investing with a small amount of money
sr. member
Activity: 994
Merit: 252
Simple Formule by the Great Warren Buffet sir.

Buy Right And Hold Tight….!!!!

Thats Enough.
Yes it can be a best trategy for an investor but for the traders it can be little different since they have to read everything about crypto currency and act based on it,
 Traders will have to move according to those trading strategies which they are having a plan to trade for the long term they can handle that time by holding because this way you will not have to struggle more than just holding. I use to face it with help of holding and making a plan as buy cheap and hold until it rises huge to max increase.
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