Topic: How to handle tough times in cryptocurrency? - page 3. (Read 3182 times)
For me, the market is hard to digest for now. novices are considering on the next market raise which not yet determine.
Honestly, I lost good amount of money and thatvwas really stressful. But luckily I got the strategy of the proper trading, this time I am testing the Bitgap platform while it is free now. Its actually good since this allows me to see different price from different top exchanges and do buy and sell easily. The platform is really helpful, looks promising and continuously developing. Another that may cause stress on you, few months ago I lost an amount suddenly because of the exchange I have used. Just want to warn you to do no keep on storing funds for long term in an exchange better if you coykd transfer it in an open source wallet like HODLER WALLET or Electrum.
Just remember that 1 bitcoin = 1 bitcoin. Nah joking, you just focus on other stuff and wait. In the long term the wait will pay off. It's not easy, but it' s going to be damn rewarding as soon as it pays off! 
Bitcoin will always be rewarding for some in short time if you are lucky to just enter before bull run and for some in the long run . It will help you to make money on your investment but only thing we should be holding it and have patience as due to volatility it rises and fall quickly .
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?
Trade. That is the way to increase the trading portfolio.
Try to earn cash in other realms and then invest in crypto. Now really is a good time to buy more crypto and wait for the more expensive price. Moreover, if you are ready you can start trading in order to earn some experience. The price of tokens are not very high, that's why losses woun't be very big.
That just a lesson for someone who uses cryptocurrency as source income, indeed, the decision is not wrong if he has a large hoard to meet his needs when the bearish market comes. I guess many people who only depend on cryptocurrency and then look for other place to be used as a source of income. I do not dismiss when a bull run come, so every cryptocurrency user will get a lot of profit, like today when the price of bitcoin and altcoin decreases and for those who have bought it will get a big profit, although with epoch that cannot be determined. 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?
When you are in the losing position, HODLING is the best option. You need to exercise some patience for the market to regain itself back. There is no market in the world that doesn't have challenging of up and demand because of demand and supply.
The best way to handle tough times in crypto to analyze the situation and adopt to it. We have to be prepared for each scenarios. Simple holding is not the smartest strategy in a bearish market. Other options are trading, shorting or staying away of such a market, otherwise we can lose a lot from our investment.
Indeed. There's a lot of traders out there who we're able to earn a lot even at this tough times. If a you cant go with the current flow then just stand still and don't do anything or else if you trade without being careful of your moves, you might end up losing more in the long run.
I also bought crypto when the price was expensive and now the price continues to fall, I think the same believes if crypto still has the potential to rise and develop then we just need to wait for the price to improve and we get a profit target
The best way to handle tough times in crypto to analyze the situation and adopt to it. We have to be prepared for each scenarios. Simple holding is not the smartest strategy in a bearish market. Other options are trading, shorting or staying away of such a market, otherwise we can lose a lot from our investment.
Try to earn cash in other realms and then invest in crypto. Now really is a good time to buy more crypto and wait for the more expensive price. Moreover, if you are ready you can start trading in order to earn some experience. The price of tokens are not very high, that's why losses woun't be very big.
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?
I feel you mate. For me, I just simply reset and destress before I go at it again. In any market, losses are always part as much as winning and being successful is, therefore, if you really want to be in a better state as you are now, you would try to find and embrace the good with the bad, especially in this prevailing market situations. I think as an investor, it's important to actually try to find small steps to success rather than always eyeing to strike it rich in one big jackpot. Also, we have to adjust to what the market needs. We can't confine ourselves to how it was before, when everything was easy because it's just so different now.
this time very hard to catch the handles
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?
When you are in the losing position, HODLING is the best option. You need to exercise some patience for the market to regain itself back. There is no market in the world that doesn't have challenging of up and demand because of demand and supply.
Just remember that 1 bitcoin = 1 bitcoin. Nah joking, you just focus on other stuff and wait. In the long term the wait will pay off. It's not easy, but it' s going to be damn rewarding as soon as it pays off!
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?
Well then, we are at the price of $4k. How was your investment going? I can feel the loss you have but let's just be strong to have patient that it will soon reach or surpass it's previous ATH for us to recover.
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?
Hold your coin! If you are going to trade in cryptocurrency, be sure that you will input an enough capital. If you are in a long position, you can hold it till the market will be fine. Well, it could take years before you will appreciate the market again. It will be tough for the market to recover specially that people are intimidated to invest. If you’re at the losing position what is the best thing to do?
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?
Well then, we are at the price of $4k. How was your investment going? I can feel the loss you have but let's just be strong to have patient that it will soon reach or surpass it's previous ATH for us to recover.
if I when it comes to difficult times we have to stay calm and accept it well so we don't lose. and that in my opinion has often happened to me, the most important thing is not to be careless and panic when the difficult time comes.
Don't just rely in cryptocurrency investment. The best move is to invest not with your money but the excess money to your daily budget in order for you to hold in cryptocurrency. If you will sell all of your coins in the mpst cheapest price definitely, you just throw away your capital.
In addition diversification of portfolio is very important and must be seen as a backup in the world of cryptocurrency. I have not only invested on cryptocurrency but i equally invest into stock, any way is favorable to me at a time, which makes me be able to minimize my looses.That is good to secure all the ways to have minimal losses as possible
Don't just rely in cryptocurrency investment. The best move is to invest not with your money but the excess money to your daily budget in order for you to hold in cryptocurrency. If you will sell all of your coins in the mpst cheapest price definitely, you just throw away your capital.
In addition diversification of portfolio is very important and must be seen as a backup in the world of cryptocurrency. I have not only invested on cryptocurrency but i equally invest into stock, any way is favorable to me at a time, which makes me be able to minimize my looses. Jump to: