How to handle tough times in cryptocurrency? - page 11.

anntlevel

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Quote from: gabmen on June 30, 2018, 01:24:55 AM

Quote from: KenChanYu on June 29, 2018, 11:39:58 AM

Quote from: yndye on June 29, 2018, 12:36:47 AM

Quote from: LuciferEveningStar on June 29, 2018, 12:25:48 AM

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.

recoal

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wait...........

CryptoCoinArbitrage

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Investing Crypto is a long term game and you cannot expect something to rise all the time. Long term, it is moving up but there will always be challenging times that you have to be prepared on. If you are confident with Your investment based on research and studying the market you will know what to do when tough times come .

anntlevel

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Quote from: eolitic on June 28, 2018, 07:07:05 PM

Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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 sure the situation in crypto world isn't bright at all, but I think we'll see it's improvement by the end of the year. Despite the fact that capitalization has decreased from 300$ dollars to 250$ dollars within just a month, the amount of money involved in crypto is still huge. Don't panic. I think holding is the best strategy at the moment.

Tough time will require your knowledge of trading and market rules and guiding principles, if you are aware and have knowledge of these things then you can face any tough situations. On the other hand without having the basic knowledge of the market one can not survive in the market of cryptocurrency and will trap in problems which will result in huge loss or simply loss.

bluemoon84

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Is this times when the ambition is very important but not always big enough to motivate you to move forward, you should also not be too focused with the rise and fall in prices that will make you weak, and it's good you to do research and learn anything that can be useful to the business you.Whenever I am seeing that my investment is losing. whenever I am losing hope of feeling down I am just staring at my family and seeing what I would love to see in their face after many years.

OutlawFat

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Shut down your computer(s), turn on a silent mode on your telephone(s), and get some sleep. Wink

That'll do you good. Don't forget to get something to eat when you wake up before turning your communication devices on Cool

Seriously, though, I believe you should never invest more than you can afford to lose. An old truth that happens to work.

acheampong64

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Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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, to me I think we should focus on the other benefits of blockchain and cryptocurrencies apart from seeing it as investments. There are other impacts that we can use to make the world better but we all focus much on the huge profits return and that's killing us. If we see huge profits as an additional benefits and not the sole benefits, we'll feel better somehow

Casdinyard

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Quote from: thirdkiller on July 02, 2018, 03:07:00 AM

My suggestion is to try not to look on the price alone, but also study some things about your favourite projects this would help you to feel more confident about them, than if you would look only on the price of a token.

It can be the least that a trader can do because believing in a project you invested can motivate you to keep holding. Or if someone is still not used from volatility, he should be just take a break so he won't panic when he see the price. Just have a break from cryptos and come back when everything is fine.

ValerieBTC

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Quote from: Promitestake on June 28, 2018, 06:31:39 PM

Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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?

The fine element to do in tough times in cryptocurrency is live calm, compose and don't panic. so that you can suppose genuinely. and you'll not cause a decision that you will remorse within the destiny.

Even if it is about the remaining crypto, I would follow the same strategy of not selling. For Bitcoin, we should understand that the market will rise again because the technology is wide spread and people around the world have been using it for so many purposes that it looks inevitable to disagree to the statement that the market will not recover. I hope we will have a boom in the near future.

thirdkiller

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My suggestion is to try not to look on the price alone, but also study some things about your favourite projects this would help you to feel more confident about them, than if you would look only on the price of a token.

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Quote from: InvestICO2L on July 01, 2018, 12:18:17 AM

Quote from: Nerman on June 29, 2018, 12:43:36 AM

Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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 you should not be in the position if you have a stop loss but since you are already there switching your strategy to investing will be an okay strategy because sooner or later the market will recover. As of now you only have paper loss and you will only lose real money when you click that sell button.

Me personally I have coins for trading and coins that are for investing, You can try to just put in a little more money and buy new coins that you could trade and make sure you will follow your strategy and keep the other coins for investing.

You’d better to keep your head right now and keep away from negatives news. I believe that not only you but also many others are stuck in this tough time. Thus you shouldn’t get panic too much, let spend your time using all your knowledge to find a good strategy. I’ve heard some people said that waiting is the best choice right now, and I think it also kind of rational decision. But I’m prone to buy some coins, because definitely the market will be never in dip forever, it will have a recovery. Therefore if buying now, the chance for reaping fruits is higher.

The market is very uncertain and unpredictable, so better hold and wait for the market to recover. It takes a lot of patience and strategies to survive from the situation. Keep calm to be able to decide productively. Nothing is permanent, so believe that these tough situations will turn out to be smooth for the better. Stay positive, and never stop learning.

InvestICO2L

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Quote from: Nerman on June 29, 2018, 12:43:36 AM

Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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 you should not be in the position if you have a stop loss but since you are already there switching your strategy to investing will be an okay strategy because sooner or later the market will recover. As of now you only have paper loss and you will only lose real money when you click that sell button.

Me personally I have coins for trading and coins that are for investing, You can try to just put in a little more money and buy new coins that you could trade and make sure you will follow your strategy and keep the other coins for investing.

You’d better to keep your head right now and keep away from negatives news. I believe that not only you but also many others are stuck in this tough time. Thus you shouldn’t get panic too much, let spend your time using all your knowledge to find a good strategy. I’ve heard some people said that waiting is the best choice right now, and I think it also kind of rational decision. But I’m prone to buy some coins, because definitely the market will be never in dip forever, it will have a recovery. Therefore if buying now, the chance for reaping fruits is higher.

gabmen

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Quote from: KenChanYu on June 29, 2018, 11:39:58 AM

Quote from: yndye on June 29, 2018, 12:36:47 AM

Quote from: LuciferEveningStar on June 29, 2018, 12:25:48 AM

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

KenChanYu

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Quote from: yndye on June 29, 2018, 12:36:47 AM

Quote from: LuciferEveningStar on June 29, 2018, 12:25:48 AM

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.

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Quote from: Altero on June 29, 2018, 08:30:26 AM

Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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?

Definitely still holding no matter what will happen unless there is an indication of going up. Its getting mad if we saw market continuously dropping, I'm not pretty sure everyone can manage to hold tight or they might get loose and sell off their tokens. We are not particularly in charge of bringing the entire market, and we never take risk without chances of having something in returns. Thus, if we can manage to face this crisis, it surely we will be rewarded in the end.

Yeah , right and here we are not only particular numbers of person who are facing such types of loss that who didn't lost the opportunity to sell bitcoin and buy before all time high , here many of the people are like us .
And in Present time those people are in big problem of loss who bought at all time high , but here a big solution of your problem is that if we can work in every field of this field then we can make much earnings and to do work in multiple projects ( trading , bounty , Investment in new ne projects ) Result into stable earnings .
So better to adopt all possible ways also to make earnings , otherwise it will not be easy for us to handle the profit and loss in this field of the cryptocurrency because it is full of fluctuations and prediction are very rare to happen true .

Altero

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Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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?

Definitely still holding no matter what will happen unless there is an indication of going up. Its getting mad if we saw market continuously dropping, I'm not pretty sure everyone can manage to hold tight or they might get loose and sell off their tokens. We are not particularly in charge of bringing the entire market, and we never take risk without chances of having something in returns. Thus, if we can manage to face this crisis, it surely we will be rewarded in the end.

thirdkiller

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Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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`m not as tough as you are, so I just had set the stop loss function, and it's old almost every of my coin in exchange of ETH, so for now, I am holding almost single ETH, lol.

jaocoincrypto18

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Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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?

So did you keep on holding or just sold your Bitcoin already? I wonder of how many of us feel become so much disappointed now if they keep on holding too just to counter this hard times as the Bitcoin price falls already as low as $5,800. This is very much difficult to handle than before in which the price is at $10,000 that i was very confused on what to do now either to sell it or to keep on holding my Bitcoin as i feel that it will dips more.

rainezerr401

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Quote from: Wilsonong222 on March 08, 2018, 07:06:08 AM

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 tough times is more likely handling the pressure in the market, the market is very simple, invest when the market price is dumping and sell it again when it goes up, the problem will only occur if you cannot handle your patience when the market price are decreasing.

Missterio

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I think that it's better to experience bad times through good thoughts, you need to think about those times when growth will come. I think that it will be very soon and you must think also. I think good thoughts will warm your soul.

Topic: How to handle tough times in cryptocurrency? - page 11. (Read 3182 times)