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Topic: How to handle tough times in cryptocurrency? - page 10. (Read 3220 times)

full member
Activity: 658
Merit: 103
If my money was to decrease down to 50% of the original price my decision would be holding it even it will lead to priceless bunch. As to holding BTC even if it losses the most amount I'll still hold it until I profit no hesitation is needed when holding BTC your only enemy is time.
full member
Activity: 392
Merit: 100
Always keep some fiat money (or Tether!) to rebuy in times like these. This will grant you a very nice profit. I was able to increase the amount of coins in my portfolio by +30% since January.

Never panic and stay calm until prices explode again.  Cool

True,  do not panic during tough times,  it will not help but will cause more losses if you are going to sell your coins. That is correct, keep your money with you and buy at the very low price to gain a lot.
member
Activity: 387
Merit: 12
To handle the bad time in cryptocurrency, you have to keep updating yourself about the market. Always try to learn the crypto market price chart, how it works, try to learn market analyze and then you can handle the bad time. For example, when you see the crypto market is going down and your analysis says that market will go more down then you have to convert your coin to USD! And when the price will start rising then again convert your USD to that coin and enjoy the profit. Maybe you got my point   Wink
sr. member
Activity: 490
Merit: 251
It relies upon what altcoins you have. Indeed, some portion of the altcoins will be reestablished quite a while, a few of it may vanish. In any case, there are some that will develop and create later on. The market of cryptographic forms of money will produce for quite a while and we will see costs that astound our creative energy. In this way, on the off chance that you are not a decent and experienced trader, at that point simply hold up until the point when the cost develops. For sure it will gain in the near future.
newbie
Activity: 109
Merit: 0
One important thing to do during tough time in cryptocurrency is to decide before hand not to ever panic. The moment you have wherewithal and the fortitude to bear market volatility in price, you will be able to turn out good profit in cryptocurrency eventually. If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. Depends on your economical situation. If you need the money, well first of all you shouldn't have gotten into crypto with money you needed, than you can cash it out and leave because there is nothing you can do.
member
Activity: 448
Merit: 12
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 won't lose hope and would continue to strive for what I want here in crypto. I am a person who would want to earn better through crypto so I have entrusted my future finances and plans in it. I strongly believe that it won't fail me so I am just patiently waiting for the best time.
I understand you perfectly and this is a very bad situation. But there are people who invested in Bitcoin at the end of 2017, It was a level from 13,000 dollars to 15,000 dollars for Bitcoin. Such investments to date are very bleeding too.
full member
Activity: 540
Merit: 100
BountyMarketCap
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 won't lose hope and would continue to strive for what I want here in crypto. I am a person who would want to earn better through crypto so I have entrusted my future finances and plans in it. I strongly believe that it won't fail me so I am just patiently waiting for the best time.
full member
Activity: 353
Merit: 100
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?



Handling your emotions and having a brave and strong belief that the market would recover soon is a helpful thing because through it, we would be able to make right decisions and we'll learn to wait for the right time. Patience is still the best key or a way for us to earn better.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.
I agree with your opinion, in order to handle tough times, we should not get carried away by our emotions, we should not panic because it may lead to a bigger loss. We should stick in our strategy instead of straying from it. As we panic, different decision comes to our mind, and I agree that we should not let our emotion decide, we should wait till we're calm, then decide.
Everything will never be as simple as what you say, the price on the market is constantly putting pressure on us, over time, the crisis in us is bigger than ever, selling in panic is always a way to free our souls. Although we know this action is unwise, but endures enormous pressure from the market is beyond our limits, I am also a person who has existed in trading for a long time but sometimes I am still scared with bad times, which is very normal, what I can do to cope is just resting in the long run, limiting the frequency and exposure to trading, it helps me soothe the panic, being calm and completely eliminating emotion is something I can not do
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.
I agree with your opinion, in order to handle tough times, we should not get carried away by our emotions, we should not panic because it may lead to a bigger loss. We should stick in our strategy instead of straying from it. As we panic, different decision comes to our mind, and I agree that we should not let our emotion decide, we should wait till we're calm, then decide.
full member
Activity: 322
Merit: 100
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?

It's kind of demoralizing when we are starting at now down and we read more opposing news so the best way to deal with counter the extraordinary conditions in crypto is to zoom out those diagrams and have a point of view for the whole deal in light of the fact that paying little mind to whether we are the larger part down from the record-breaking high, there are still people who believe in computerized cash and these are people who formally made a name in the business.
full member
Activity: 434
Merit: 100
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?

It's sort of discouraging when we are as of now down and we read more antagonistic news so the most ideal approach to counter the extreme circumstances in crypto is to zoom out those graphs and have a perspective for the long haul on the grounds that regardless of whether we are the greater part down from the record-breaking high, there are still individuals who have confidence in digital money and these are individuals who officially made a name in the business.
jr. member
Activity: 112
Merit: 1
If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.
hero member
Activity: 2926
Merit: 640
Depends on your economical situation. If you need the money, well first of all you shouldn't have gotten into crypto with money you needed, than you can cash it out and leave because there is nothing you can do. If however you do not need the money, than you would have to wait it out.

I mean what are the other options, if markets go down and you need the money than you will have to cash out because you need the money, otherwise don't be silly and wait until the prices go back up and you can profit again.
sr. member
Activity: 798
Merit: 253
If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.

It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup.
Keep calm and trust that things will turn out to be on our favorable side at the course of time. It can be challenging yet if we get to remind ourselves of what our purpose is then it can lessen the disappointments and can make us decide wisely to take on new challenges. It's not going to be easy, but it's important to face the situation bravely, learn from it, grow from it, and serve it as a motivation to be stronger and be more determined.

If you're having problems with the negative news that's surrounding btc, then avoid reading. Unsubscribe from social media pages and lessen the times you peek at your wallet. We can't do anything if the price is declining and it's hard to stay positive when you see your assets go down si better to disconnect from time to time
In order to face with difficulties and problems we must be learning about the market rules and principles because you can not make proper and well decisions you are with little knowledge or not enough knowledge. It means that you are not in the position to trade so it will be good for you not to trade now and to learn and experience first. Just stay calm and never take tension because we know the market will increase once again after this downfall.
Yes I am agreeing with you we should deal with the tough time with help of our positive thinking and our wise despair. I am also there but I never sell my coin at panic because selling in hard time will give me more and more lose only, I try o buy some bitcoin when I see the market is getting red and price of bitcoin is falling down, because I know this time is just for the temporary and soon I will get goof profit for holding it.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
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?


Well, for me, I just take a step back and look at the bigger picture. I try to actually see what'st the best move I can do and follow through that. In this market, there is no sense actually sobbing how the market is doing because that's just how it works. The market and many of its coins maybe down for a while, but anytime, you can see it rise and recover. You just have to be ready to seize those opportunities because that's the best thing to do. Also, avoid doing silly actions like panic selling.
jr. member
Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
I try not to dwell too much on though. My best advice is to forget all youtube channels you watch- as most just give total paid hype BS, don't look at delta folio and don't check trading view and coin market cap every day. I have done this and focused on researching projects and writing articles on them promoting my own work, TBH I cant even tell you the price of BTC at the moment as it does not matter to me. I believe in the tech enough to not care about short-term price action. I hope this comforts you somehow.
sr. member
Activity: 779
Merit: 250
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?


Holding is the best way to do it, because if you are going to sell your coins at its lowest price then you will just lose a huge amount of profit in the future or try to read positive speculations to boost up your confidence..
sr. member
Activity: 812
Merit: 260
If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.

It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup.
Keep calm and trust that things will turn out to be on our favorable side at the course of time. It can be challenging yet if we get to remind ourselves of what our purpose is then it can lessen the disappointments and can make us decide wisely to take on new challenges. It's not going to be easy, but it's important to face the situation bravely, learn from it, grow from it, and serve it as a motivation to be stronger and be more determined.

If you're having problems with the negative news that's surrounding btc, then avoid reading. Unsubscribe from social media pages and lessen the times you peek at your wallet. We can't do anything if the price is declining and it's hard to stay positive when you see your assets go down si better to disconnect from time to time
In order to face with difficulties and problems we must be learning about the market rules and principles because you can not make proper and well decisions you are with little knowledge or not enough knowledge. It means that you are not in the position to trade so it will be good for you not to trade now and to learn and experience first. Just stay calm and never take tension because we know the market will increase once again after this downfall.
Besides that I am not expecting more that anything, I am still thankful no matter what the price it has become so far, thankful that we all have this kind of opportunity that has a potential to grow in the future and will eventually change our life.
full member
Activity: 263
Merit: 100
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?

First of all I would say - do not put your identity here, do not relly on cryptocurrencies with all of your heart, because everything in this world can let you down, so this is my suggestion to handle.
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