How to handle tough times in cryptocurrency? - page 7.

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: Potatohead on July 09, 2018, 01:12:07 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?

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.

Patience and coolness will help you to handle tough times. If you want to earn money you will have to bear tough situation of the market. Be optimistic about the bright future of bitcoin. The price will increase and you will earn money. But if you dishearten and think that you cannot survive in worst situations then you will definitely lose all your money.

mudasarali43

full member

Activity: 420

Merit: 100

The best way to escape the bleeding condition it the cryptocurrency world is to look at the news if you see an event coming up as in any ban or protest coming up against bitcoin or anything else liquidate your assets or let them be every market comes out a bleeding situation with time,

thet

full member

Activity: 322

Merit: 110

elysian.finance

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?

Holding is the best thing to do. When the market is not in good situation, we cannot gain for more or we are going to lose some money if we are going to sell our coins during this time wherein the price of coins are too cheap.

dharnamonitor

full member

Activity: 448

Merit: 100

★Bitvest.io★ Play Plinko or Invest!

Well, obviously all of us here probably experienced this sort of thing, when I was at a losing position before I used to over think the outcomes of my trades. My technique is that I usually marked it to my mind that I could gain nothing in these coins or waste my money but it is better to risk something than not. Being a success means facing a lot of failures and losses.

melted349

sr. member

Activity: 462

Merit: 250

Quote from: Xenoph0bia on July 25, 2018, 05:30:33 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?

As we all know that bitcoin is a kind of investment and moreover it is volatile in nature, so because of these two factors it’s valuation keeps on flactuation and I thing every one should understand this because panic selling of their bitcoins in the time of deflation. What I feel is that bitcoin is profitable when you invest very wisely in the bitcoin so according to me in the tough time , one should be patience and should hold its bitcoin instead of panic selling.

As the basic knowledge may have to come we should probably know that the price of this currency can give some profit well even that it is on down price we can have to take some patience also for this to be more see the chance of having this.

Xenoph0bia

hero member

Activity: 966

Merit: 501

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?

As we all know that bitcoin is a kind of investment and moreover it is volatile in nature, so because of these two factors it’s valuation keeps on flactuation and I thing every one should understand this because panic selling of their bitcoins in the time of deflation. What I feel is that bitcoin is profitable when you invest very wisely in the bitcoin so according to me in the tough time , one should be patience and should hold its bitcoin instead of panic selling.

isidrorex

newbie

Activity: 210

Merit: 0

All of us may come to this tough situations in cryptocurrency and we should practice calmness and extending our patience to our very extent and believe that everything will be alright soon and we can have our much desired profit from our investments. Let's also be positive and trust the coin that you invested. At the end of the day, patience is a virtue.

donalfonso

jr. member

Activity: 154

Merit: 1

A safe way of investing in crypto is to make sure you only use spare funds that you can afford to forget when there is a bearish period like we are in right now. One day it will pick up and be ready to take your profits.

Moon Catcher Pro

newbie

Activity: 51

Merit: 0

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?

There are no difficult times
It is important to understand that the markets are cyclical, and this is a normal reaction after such a strong growth
Yes, there are currently no good opportunities for buying coins
So why do not you sell them? at a price drop, too, you can earn
There are already many sites where you can sell, there are futures, they can also be short
You definitely have to develop rules for trading, and then sell (this should be a ready and tested system)
Working in both directions (selling and buying) you will get much more opportunities
And you can have your own strategy to earn in the "long run"
there are no markets that are constantly growing - remember this
To create any strategy, you need a material, a foundation, a basis
It can be found on various resources devoted to commerce, http://www.insiderport.com/
Just look for stuff on Youtube,
be sure to develop risk management rules

Dowrich80

newbie

Activity: 56

Merit: 0

Cryptocurrency is mostly made of tough times which means that the market is so volatile that it goes through a down phase almost every day but in a bleeding state each currency goes down, in such a state, retract your assets into a liquid if you still can without any loss

developer101dev

full member

Activity: 364

Merit: 100

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 only way for you to avoid this tough times is to hold your coins, remember that the market is volatile and the price of cryptocurrency is not always increasing so you should expect the prices to drop or increase.

Jeremiesaranza

full member

Activity: 252

Merit: 101

EMMARES – Email as you know it, will never be the

Obesrve your emotions and learn from it. If you feel too bad that means you're playing with money you can't affort too lose.

thirdkiller

full member

Activity: 301

Merit: 100

My way is to keep on working, if you are working hard and cryptocurrencies you don't have enough time to be worried about the hardship times because you are already busy with your job this needs to be done.

Invester

sr. member

Activity: 646

Merit: 252

PNNV.COM Live bitcoin price monitor

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?

There are a handful of options, but the best option available is of course to keep hodling and wait for the prices to start bouncing back. There is no problem with the crypto market. The movements right now are not happening for the first time. All these have happened already several times in the past. The data shows that there will always be light in the end of the tunnel, at the end of the bearish months.

Rexxxem

full member

Activity: 368

Merit: 100

I do have some underwater bags, there is nothing I can do about that. Proper risk management help. Shorting on bitmex might be profitable. Looking for lowcap GEMs is a good way to make a profit on the bear market too.

sherwinaze

jr. member

Activity: 162

Merit: 2

There is always a though times when trading bitcoin in cryptocurrency like now it is in the dump price I suggest that don't trade big amount in bitcoin so you could prevent though times in cryptocurrency.

ridertiger

full member

Activity: 490

Merit: 110

Check out this darn tweet by CNBCE:
https://twitter.com/CNBC/status/1019336798001090563
Its like, they don't know anything about it.

ridertiger

full member

Activity: 490

Merit: 110

The markets are doing better these days, but even good news badmouth crypto first.

Hiltohen

newbie

Activity: 76

Merit: 0

Quote from: Jesabela04 on July 09, 2018, 01:32:09 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?

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.

The tough time was in the start of this year when the [price dropped from $20000 to $6000. Many people lost their money and many of them sold their coins to save their remaining money. But those who hold their coins till date are happy because the price is growing and soon they will recover their losses and will even earn money. Good traders can recover their deficits in shorter time.

kiloiko

full member

Activity: 339

Merit: 102

Quote from: sheryl26 on July 09, 2018, 08:49:01 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?

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.

If you succeed in facing with tough situations then think that you are going well and have the ability to face with any kind of situations. Now if a person fails to face with any tough situations then he should work on his knowledge to make it perfect which will keep you safe through out your investment and you will successfully reach at your goal. Remember that your protective coat is your knowledge so never ignore it.

Topic: How to handle tough times in cryptocurrency? - page 7. (Read 3182 times)