I don't think that we are now facing a hard time with bitcoin, this is much normal actually. I prefer this set up where btc increases slowly day by day and only deflates a little bit because I really hate what we experienced this Dec. where btc reached ATH and suddenly into blood bath.
Just because btc is now too far to its recent ATH it doesn't mean that we need to be alarmed. Calm down and be patiently waiting.
Topic: How to handle tough times in cryptocurrency? - page 18. (Read 3220 times)
When you are facing tough time you should one thing in your mind that is the good time and you should understand you are joining this platform for the sake of good profit and you will be able to good time in future,
At the time of doubt, always think about why you are here and focus on your goal. This market will not always go up, we need some corrections so we can still bought at a lower price so don't panic when the market is crashing instead be happy for that new opportunity.
When you are facing tough time you should one thing in your mind that is the good time and you should understand you are joining this platform for the sake of good profit and you will be able to good time in future,
I am not joining in here for the "sake of good profit" what the hell is that word? and what does it mean? Came on, we are not all in here just for profit.
if you do it so, then it does not mean that we all are in here for the same reason. Bullshit.
No trade should ever be more than a fraction of what you have overall. Anything beyond that is suicide. There's enough history now to know that BTC can brutalise your and your position for months and years if it's in the mood.
If you're not exposed to anything with a ticking clock then just sit there and wait. The people who did that rather than run screaming wound up being fine in the end. Again, look to past behaviour. It's far from dependable but consider how much potential growth is left. There's still a huge amount of headroom.
Even when growth itself has peaked and it's gone as far as it can, and who knows when or how that happens, there's proper deflation to kick in.
If you're not exposed to anything with a ticking clock then just sit there and wait. The people who did that rather than run screaming wound up being fine in the end. Again, look to past behaviour. It's far from dependable but consider how much potential growth is left. There's still a huge amount of headroom.
Even when growth itself has peaked and it's gone as far as it can, and who knows when or how that happens, there's proper deflation to kick in.
When you are facing tough time you should one thing in your mind that is the good time and you should understand you are joining this platform for the sake of good profit and you will be able to good time in future,
Tough time in trading is the part of the market situation and when you are participating in market condition you have the idea to handle tough situation, So the best thing is to understand the all situations may be tough or good in term of market situation or in term of your personal profit,
Its good question for understanding some tough times in Crypto currencies trading because when you are trading with your all savings or need able money your emotions are mater to contribute in the market situation and especially your own trade,
Yes it is good question in tough condition the emotion will be counted and the best thing is in this condition is control your emotions and keep waiting the market situation and wait the time when market will become in good condition again then sell the coins instead of panic selling in tough time.
This is a problem that most holders face whenever there is such a long downfall and they don’t want to give up but feel difficult to continue too. The simplest way to survive through such storm is to keep this fact in mind that digital market is destined to fluctuate and it would be rising up once again. All the crypto coins are in their infancy and have a long way to go. Try to avoid looking at the price on daily basis and take a break for refreshing mind and faith.It's problem mostly felt by those people who can't afford to hold on to their coins for a long time. If you've invested an amount and is expecting returns within a certain amount of time, then you're already at the wrong end of the gamble. To be ready for tough times, you have to have an amount you're willing to forget
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?
If you’re at the losing position what is the best thing to do?
During an investment, there are bound to be good times and bad times. One should not feel less when tough times occur in investments. I believe in research before delving into an investment and when it eventually does not come through, I try to spot my mistakes and learn from them, to avoid future occurrence.
If after investing for long term and the price starts going down its better to stick with the plan and hold coins for long term because if you sell your coin at that time then you will loose your money. But of you hold your coins for long term. It might happen that after 1 year the coin value will be higher than the buying price.
Yes it is good question in tough condition the emotion will be counted and the best thing is in this condition is control your emotions and keep waiting the market situation and wait the time when market will become in good condition again then sell the coins instead of panic selling in tough time.
This is a problem that most holders face whenever there is such a long downfall and they don’t want to give up but feel difficult to continue too. The simplest way to survive through such storm is to keep this fact in mind that digital market is destined to fluctuate and it would be rising up once again. All the crypto coins are in their infancy and have a long way to go. Try to avoid looking at the price on daily basis and take a break for refreshing mind and faith.
Yes it is good question in tough condition the emotion will be counted and the best thing is in this condition is control your emotions and keep waiting the market situation and wait the time when market will become in good condition again then sell the coins instead of panic selling in tough time.
This is a problem that most holders face whenever there is such a long downfall and they don’t want to give up but feel difficult to continue too. The simplest way to survive through such storm is to keep this fact in mind that digital market is destined to fluctuate and it would be rising up once again. All the crypto coins are in their infancy and have a long way to go. Try to avoid looking at the price on daily basis and take a break for refreshing mind and faith.
I don't seriously think we are at the losing position or anything like that. The price of bitcoin may seems discouraging now but in months to come all those whom have been holding will probably be sing praises I guess. Some people bought at a very high price and Its really tough for them cause it may look as if all hope is gone. We never can tell, the market might be promising in the next week.
Tough time is also a test of skills and emotions. Cryptocurrency is the big market and need time to understand the complexity of the market,Patience and turn short term strategy to long term will secure from losses and panic.Here need to control the emotions and handle with care and patiently.
You have the answer already. HODL.
Best position you can get and nothing more. You cannot sell due to the fact that you will lose a lot of money.
Buying is one option but I doubt they will buy since it is in bearish mode. Only those who can shake the price like whales will have that courage to buy because they know profit will come later on.
Well for me, bitcoin should be a long term investment. Keep it until its usage is widen all over the world.
Best position you can get and nothing more. You cannot sell due to the fact that you will lose a lot of money.
Buying is one option but I doubt they will buy since it is in bearish mode. Only those who can shake the price like whales will have that courage to buy because they know profit will come later on.
Well for me, bitcoin should be a long term investment. Keep it until its usage is widen all over the world.
If you still have unsold coins and you do not have a backup capital, you also have to be patient and wait until the coins are worth to sell. or for a while you get out of the market, just forget about crypto currency and concentrate more on the work you have, so you do not follow the emotions to sell in a state of loss.
it is me, I am one of those people who are experiencing tension because all the funds I have today have been throwing away very much and I feel very sad. currently I can only wait and be patient until the market price will return to normal. ... don't move.
Don't be panic at all. Avoid emotion and be rational. Keep eyes on crypto news as well as discussion of this group.Hold your current coins firmly based on the insights of crypto market as well as coin. Buy more to average or sell to stop loss if negative news is prevailing. 
Keep calm and worry not. Everything is normal. Do not panic because when you do that you will do things that you'll regret in the end. What I am doing right now is I am reading more and looking for another promising coins that I can invest in.
losing position is the position where you feel that i cannot take any more losses and in that scenario one must sell immediately so that you can buy when the market plums down further. But if the losses are already beyond measures and if it is not your credit money then HOLD as what is there to loose more than that you have already lost and wait for next pump. 
Just dont panic, keep those positions that you really believe will benefit you on the long run and maybe loose those that are riskier in your opinion. Or the risky ones - write down the loss, forget them and look at those in a year from now and only care about the ones you like
That is the reason I usually don't invest in those shit coins even though they go up every day. I will buy only those coins which I like their project and believe in the future of those coins. So if they go down then I will consider to buy more to average those prices. Until now I didn't sell any of my coins yet and waiting for the market to go up.
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