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Topic: How to handle tough times in cryptocurrency? - page 8. (Read 3182 times)

member
Activity: 197
Merit: 10
dApps Development Automation Platform
Yes it is a good way to handle & grow your portfolio by doing bounties. If you know the importance of Holding your valuable assets & not to sell in bearish market you can win. If you had invested your savings & the market is down still hold your bags. Also invest some good alts if you have more savings in a bear market. It is advisable doing bounty & collecting some good amount of coins. Convert them in to BTC or ETH or whatever you like. If you are spending more time on crypto, doing bounty is ideal. Patience is the key. Don't do panic selling. Use your time to upgrade your skills in this tough time.
member
Activity: 197
Merit: 10
dApps Development Automation Platform
The answer is very simple but the most don't do. Be patient & calm. It's the most important strategy in this field as per my experience. Also stick in to it without being emotional with market fluctuations. Always invest a percentage from your savings that you can loss. Not the full bag. One more important fact that most of traders don't do, They don't keep some amount of USDT saved to buy the most important coins when the market is in dip. Keep an eye on the market dip to identify the buying points as well as the selling points when market is in up trend. Stick to these rules. You may apply some other important proven theories. Always be patient & do not panic. Wish you successful trading.
jr. member
Activity: 69
Merit: 1
I also bought the same time with you, and now the bitcoin is at $6k7. I think just keep it and believe it, it will give us good profit
hero member
Activity: 1064
Merit: 500
I always participate in bounty programs to keep my income stable when the market is bad and when the market starts to improve my assets increases.

Bounties are always good but here, you have to choose the right one and do not make a mistake. I also try to trade when I see that the market is turning green but mostly I prefer to hold all of my altcoins.
full member
Activity: 630
Merit: 100
I would recommend simply to leave the market for a while and stop any trades. Now it seems to me the best option is simply to wait for the market to start growing.

I think many people will disagree with you. Sometimes trading becomes a kind of an addiction, and it will be very difficult for a trader to quit his activities.
sr. member
Activity: 462
Merit: 250
We have groups that support cryptocurrency traders. They hold seminars which are very helpful to grow as a trader. These helps a lot in times of toughness in trading. They give guidelines and such things that are necessary to do to get over difficult situations in the cryptocurrency. They provide knowledge on how to cope up and continuously grow as a trader despite of hard times.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Take some time off crypto, Do something else or try to earn more and more by selling products or services. We say that the market is in Buy zone right now, that means you have to earn more by holding everything you have.
full member
Activity: 392
Merit: 100
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?

Digital currency has no extreme time in the event that you are here for advantage just else it has intense circumstances for you on the off chance that you are here for high market desires as it were. On the off chance that you are here for advantage then you will dependably pick low market for purchasing process which will give you coins in substantial amount utilizing low sum when contrasted with that of purchasing in high market. so high market is dependably an advantage other than which you can make the low market anadvantage for yourself as well.
full member
Activity: 490
Merit: 110
I just HODL and try not to spend any of my investment although I am on the plus side. I will wait for the better greener days, which should be soon. In fact, I am expecting the bull season to come back these days.
newbie
Activity: 96
Merit: 0
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?


When you step into the cryptocurrency market you calm down. As the market goes down bitcoin and altcoin are down then you be patient. Do not sell them at this time. Let's wait, the bitcoin and altcoin prices will increase in the near future
jr. member
Activity: 153
Merit: 3
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.
Cryptocurrency has no tough time if you are here for benefit only otherwise it has tough situations for you if you are here for high market expectations only. If you are here for benefit then you will always choose low market for buying process which will give you coins in large quantity using low amount as compared to that of buying in high market. so high market is always a benefit besides which you can make the low market a benefit for yourself too.
newbie
Activity: 308
Merit: 0
I would recommend simply to leave the market for a while and stop any trades. Now it seems to me the best option is simply to wait for the market to start growing.
full member
Activity: 462
Merit: 100
to overcome the difficult times in cryptocurrency you should secure the assets you have and re-enter when conditions in exchange are back crowded again so you can get profits that very much.
newbie
Activity: 126
Merit: 0
I always participate in bounty programs to keep my income stable when the market is bad and when the market starts to improve my assets increases.
full member
Activity: 540
Merit: 100
Having strong hands, you can ensure that you can handle unexpected situations. Improving your self-control is one of the best way for you to increase your patience and also for you to control your emotions.
full member
Activity: 476
Merit: 100
www.daxico.com
The only thing that i learned and became my resort during tough times is hodling and never complain about what is going on on the market. We can't control the events and much more as the price goes down but we can control our loses if we are able to hodl/hold our assets.
newbie
Activity: 12
Merit: 0
In order to handle tough times in cryptocurrency one needs to have other sources of income, i.e. day job, savings, etc. Otherwise, you are very likely to do something really dumb, I guess. Some kind of a backup helps you keep calm Wink
sr. member
Activity: 590
Merit: 258
To handle tough times in cryptocurrency you must know how to handle your patience first
because everything in this business is not easy as you think, to be one of the successful investors or traders.
member
Activity: 112
Merit: 10
difficult times in crypto are everyday as in any commercial enterprise. things may be tough for the duration of a few times but all we want is endurance. there's no need to panic because you could make horrible mistakes whilst you panic.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
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 takes patience to go through all these hard times in crypto currency. It is not easy as many thinks it is. That’s why you’re being told to invest the amount you can afford to lose in case things don’t go as planned. Always invest money that won’t affect you later if it doesn’t work out or if you lose it.

But if you invest all you have out of greediness ,then I’m very sorry for you cause you will regret later. As for now, all we need is patience, and things will get better soon.
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