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Topic: How to handle tough times in cryptocurrency? - page 16. (Read 3182 times)

legendary
Activity: 2520
Merit: 1040
Catalog Websites
In my experience, I am handling it by just remaining calm. Instead of me being stressed and panicking, I would rather choose to be calm and relax and rather not to trade.

Never panic because it will be the main reason of your loss. Instead of panicking, just try to accumulate some more coins and then wait for the coin to rise again. One more, be patient especially when the market correction comes. At this moment, we are experiencing market correction so the best thing to do is to hold your coins or accumulate more if you have spare money to invest.
full member
Activity: 476
Merit: 101
Never sell and continue to accumulate much more.  You also need to reduce your exposure to crypto. Limit your engagement and maybe just do it twice a week because you'll get very affected when you always see your coins going down.
hero member
Activity: 1778
Merit: 504
WorkAsPro
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 you should just hold on for a long time and take a look at it as your first failure. I understand that feeling because I've made the same mistake.
So I recommend you analyze everything carefully before investing in anything. That's the only thing I want you to understand.
full member
Activity: 448
Merit: 102
Just calm down and think positive that everything is going to be alright and fine. Don’t ever do panic thing
because I’m  telling you if you are going to that it can’t help you think what are the right things to do in this kind of situation.
Well, this can only be a new holding that can stabilize the investment. Keep calm and wait. Do not worry too much will make you lose your mind. Therefore, it is prone to being agitated by bad news.
As far as I know about this world, I think patience is the only trait of a trader that can help him out in hard situations. When you are planning something and your trading is just running good as per strategy, things are fine and your patience isn’t much compulsory. But in the case when things are little diverted or disturbed from plan, you need to go for a better patience level to save yourself.
hero member
Activity: 924
Merit: 500
to set it all up and overcome things like that you can better take advantage of the movement that occurs even if just a little make sure you can use it and make sure you do not use the money you need to buy other more important needs.
newbie
Activity: 191
Merit: 0
Just calm down and think positive that everything is going to be alright and fine. Don’t ever do panic thing
because I’m  telling you if you are going to that it can’t help you think what are the right things to do in this kind of situation.
Well, this can only be a new holding that can stabilize the investment. Keep calm and wait. Do not worry too much will make you lose your mind. Therefore, it is prone to being agitated by bad news.
Well calm is still the most important factor, and let's reflect the reason why we fail, perhaps in this market failure is a frequent occurrence, no one can predict the uptrend. market leader.
newbie
Activity: 129
Merit: 0
Trading itself is a risky business. Incase, if you are not in a great situation, then revise your buying options, see where you have went wrong and then play a game again.
full member
Activity: 1708
Merit: 126
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?



Try to avoid panicking and keep calm during the tough times here in crypto. Better handle your emotions as you do trading. It is normal that we might face tough times in crypto. The market isn't always green so we must always remember that it is too risky if we'll panic because it might just lead us to uncertain losses and situations.
hero member
Activity: 2352
Merit: 594
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 in trading would also be needing a capability to handle our emotions towards it. I believe that upon joining trading, we should bear in mind that crypto is volatile and it is a part of it's volativity to change it's value any moment so we must all be emotionally prepared for any sudden changes. We must learn how to handle our emotions and be patient as well.
newbie
Activity: 210
Merit: 0
Just calm down and think positive that everything is going to be alright and fine. Don’t ever do panic thing
because I’m  telling you if you are going to that it can’t help you think what are the right things to do in this kind of situation.
Well, this can only be a new holding that can stabilize the investment. Keep calm and wait. Do not worry too much will make you lose your mind. Therefore, it is prone to being agitated by bad news.
sr. member
Activity: 910
Merit: 253
Hodlers Network
Hnadling tough time best way to handle with patience and never sell early just upon news and rumors.If you are losing the best option is hold and market will be stable,when go it stable sell out.
full member
Activity: 521
Merit: 100
It depends on what coins you have. Yes, of course, part of the coins will be restored a long time, some coins may disappear. But there are coins that will grow and develop in the future. The market of crypto-currencies will develop for a long time and we will see prices that amaze our imagination. Therefore, if you are not a good and experienced trader, then just wait until the price grows. And it will be sure!
full member
Activity: 560
Merit: 217
I am holding because i also believe that crypto will comeback again. Bitcoin will pass its all time high sometimes in the next 3 years. And i still believe bitcoin it self can go through 1 trillion marketcap. And ethereu maybe can reach 1/10 of its price or maybe above my predictions.
sr. member
Activity: 524
Merit: 258
Just calm down and think positive that everything is going to be alright and fine. Don’t ever do panic thing
because I’m  telling you if you are going to that it can’t help you think what are the right things to do in this kind of situation.
legendary
Activity: 1288
Merit: 1036
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, some of you are being killed by your stupidity and greediness. Even before you get into trading or cryptocurrency you’re being told that there are lots of risks involved in it, but you still will go ahead and invest an amount of money that you can’t afford to lose and even put in all that you have, which is quite a stupid move. Most people believe that the price of Bitcoin will continue to go only up and will never go down. How can you be thinking such a thing when you know that Bitcoin is volatile, meaning that it can fluctuate to any direction in any time. So if you’re losing and you can’t take it, then you deserve it.

We don't know when the tougher times of cryptocurrency begin or when it is gonna get to an end. Each and everything happens in an unpredicted time period. Very few get to know prior about the price fluctuations which is upon the continued analysis about the market moves. To handle tougher situations in my opinion is to hold the assets, because the market will retain after some time gap.
The thing is that you should just accept it whenever it happens, just take it that whatever that happens has happens and there is nothing you can do to reverse it. And that’s the truth, you can’t reverse it, it has already happened. If you’re in a position where you are losing money in cryptocurrency, all you have to do is have patience and up your games in the next time so that you don’t lose again.
hero member
Activity: 994
Merit: 502
We don't know when the tougher times of cryptocurrency begin or when it is gonna get to an end. Each and everything happens in an unpredicted time period. Very few get to know prior about the price fluctuations which is upon the continued analysis about the market moves. To handle tougher situations in my opinion is to hold the assets, because the market will retain after some time gap.
legendary
Activity: 1204
Merit: 1028
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?


Diversifying your investments by allocating them into different sectors can reduce and mitigate the damage once the market falls. Though there is also the potential of all the prices of cryptocurrencies decreasing, it reduces the risk of losing all of your resources in the event of a market crash.
Another thing, establish your investments by differentiating each either for short or long-term since some coins are profitable for short-term only. Bitcoin, on the other hand, depends upon your goal as its volatility calls for short-term but its price calls for long-term.

i think the best part of tough time that is if you invested good and you have less capital then in my opinion hold and survive the situation as u can and if you are good then may be people knows what they have to do most probably people take decision good because they are good in there work and in alt coins  there is some coins where we can putt mind in there and invest and we can get profit with shot trading.

People should invest the amount that they are willing to lose. Investing, in general, revolves around the nature of risk and you should understand that there is always the potential of losing your resources depending on the situation around the world. Likewise, this also depends on your financial status if you can handle the dumps. If you think that you need cash due to an unprecedented situation, then withdrawing them might be the obvious choice.

Thank you for reminding me; this is the best reply yet I have read. Diversification is still the best strategy to do in order to mitigate the risk of losing in cryptocurrency. Protecting the whole investment thru divergence is one of the oldest strategies yet the most effective one.
In the world of the crypto currencies, you get to learn so many things with time and after spending enough of the time in doing the things related to it, you get to know the best thing to do and that is the only way of making some good earning.

You need to remain consistent in your work and that you need not to make any kind of hasty decision as this will only result in loss of your money.
member
Activity: 546
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?

All of your sacrifices will paid off. As of now, the price of bitcoin continuously move up. If we have patience to hold our bitcoin, we will not lose our capital. In order to gain profits in trading, we should wait for a right time to move. Bear market makes as more tough. Everytime we encounter a crash, our emotions tend to change, fear and doubt crossed in our hearts. We tend to give up and sell all our investments but we never did it because we believe in bitcoin.
hero member
Activity: 742
Merit: 500
It's hard. especially when you loose alot. but you will lessen the stress if you gain more experience. but of course you can't have a 100% no loss.
Tough times will make us stronger, it's better to experience tough times now than later that we put too much expectation on it already, tough times can give us an idea of what real market is.
hero member
Activity: 1554
Merit: 880
Top Crypto Casino
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 tight of your bitcoins is the best thing that you should do if you're now at the losing position. why? Because bitcoin always been able to surpass all of its trials since it started, and i truly believe that bitcoin is still able to survive today and into the future, and it's already proven and tested by a lot of holders and also by my self.
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