Tips to survived the difficulties on market downfall - page 8.

willnotwas

member

Activity: 286

Merit: 10

Quote from: Jaycee99 on April 04, 2018, 08:04:44 AM

Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

2. Do not even think of selling you bitcoin or ethereum

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

Edit: additional. So, I suggest you go and hold next thing you know your might get rich

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)

5. study the past history of market value ( when holding or investing and even trading)

If you'll invest just that amount you can afford to lose all questions will solve by themselves - you've accepted your loses, haven't you? That is the key to this play, gentlemen.

maemunah

sr. member

Activity: 672

Merit: 250

I think also every key in the market price decline is better to hold than to sell would be a risk of loss against us. so it's better to hold back and be patient so we can get a good profit in sales when the market price is back stable

robotrobert

full member

Activity: 406

Merit: 101

Quote from: Jaycee99 on April 04, 2018, 08:04:44 AM

Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

2. Do not even think of selling you bitcoin or ethereum

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

Edit: additional. So, I suggest you go and hold next thing you know your might get rich

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)

5. study the past history of market value ( when holding or investing and even trading)

These are good steps. If you are Bitcoin user then you must be patient while investing and after investment so that you will not take wrong decisions because every quick decision must includes some impurities. Sell your coins for profit that is what an investor needs and for that the investor is trying day and bight to make decisions and work according to the rules and principal of Economics and trading in case of trading.

Moiyah

member

Activity: 630

Merit: 20

Quote from: gantez on April 08, 2018, 02:43:47 AM

Quote from: gabmen on April 04, 2018, 09:05:29 AM

emotions can easily take over when you see your money dwindling down. The part where you shouldn't invest what you can't lose is probably the best answer to those people panicking when the market is bearish. It's not an overnight thing guys.

Op stated the basic which I consider as theoretical aspect of trade because when the practical sets in and as you said " your money dwindling down" , then comes emotion and panic not to lose all. Grin

Yes, these are just the basics. At least, Op gave advice to those who are still new in cryptocurrency and may also be beneficial to those who are experienced enough in crypto world. But in reality, panic is a natural feeling when a situation is most likely in an uncertain circumstances.

Quote

2. Do not even think of selling you bitcoin or ethereum

Why not? If you've already gained enough profits. Then, why don't you sell your btc or eth? We can still buy them when the price is in dump stage. FOMO enters this kind of advice. But still, there are still settings that may be helpful and useful in other situations.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Jaycee99 on April 04, 2018, 08:04:44 AM

Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

Easily said than done. We are not robots. We are animals influenced by our emotions.

Quote

2. Do not even think of selling you bitcoin or ethereum

Bitcoin don't ever sell. Ethereum sell in the next pump. Hahaha.

Quote

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

Edit: additional. So, I suggest you go and hold next thing you know your might get rich

That is also easily said than done. I have been checking Bitcoin's price at an average of 3 times per hour since I started holding some. I believe I am not the only one. Haha.

Quote

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)

But invest an amount that would make enough that would matter to you.

Quote

5. study the past history of market value ( when holding or investing and even trading)

How? Is it really that simple?

moshk555

member

Activity: 224

Merit: 10

Patience and hold the best tips to survice in this difficult positon of the market because if you have patience and holding power here you can cross this difficult phase easily.

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

One more thing that I wanted to add is to make plan (several plans, I must say) even before entering in a new trade or invest into something. Have different scenarios outlined in your mind and plan out what are the things that you should be doing if one of those scenarios becomes a reality. Yes, you can't plan all the possible events that might happen in the market but it is very important to have some counter measures to protect yourself from significant loss.

It is very hard to do this kind of thing, I know that very well, but you should take the extra effort if you don't want to lose your hard-earned money from a trade that has gone south. Being prepared minimize the risk that you take when enter the market.

JC btc

sr. member

Activity: 770

Merit: 253

Although, some of you may find it as just a basic thing but for me whether it is for a basic or not for as long as the intention of the person was to help people then they deserve one too. And sometimes, although we already know the truth but we still in panic and we need someone to keep reminding us.

aardvark15

hero member

Activity: 1008

Merit: 510

I think the key is to hold through the crashes unless you are able to sell before the crash or very soon in the crash.

Selling in this case would just be to allow you to buy more as the price drops. For me, since I don’t keep much on the exchanges, I can’t make trades quickly.

I choose to just hold and ride it out even if the recovery takes a couple of years. I think it will be worth it in the long run.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

the best tip for most traders (specially those that are beginning their trading journey in cryptocurrency markets) is to stay away from trading whenever there is a downtrend like this going on. they can simply sell their coins (liquidate) and go back out to fiat and wait it out until the bear market has ended.
it is always harder to make profit in a bear market and it is much harder to make profit in a crypto bear market because of the manipulations and hardness of predictions.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: The_Masterer on April 04, 2018, 09:08:14 AM

Well some people just dont have a choice. They might have bills to pay and other needs, HODLing is just not an option for them

That is the reason experts always advice you should invest only spare money in high volatile products because sometime we may need to wait for quite long time to see profits in these investments. If you invest money which you need it immediately then your forced to sell at a lower price if prices go down after your investment.

Quote from: Jaycee99 on April 04, 2018, 08:04:44 AM

5. study the past history of market value ( when holding or investing and even trading)

Past history is only for reference because there is no hard and fast rule that in future also markets will follow the same way.

gantez

full member

Activity: 1736

Merit: 121

Quote from: gabmen on April 04, 2018, 09:05:29 AM

emotions can easily take over when you see your money dwindling down. The part where you shouldn't invest what you can't lose is probably the best answer to those people panicking when the market is bearish. It's not an overnight thing guys.

Op stated the basic which I consider as theoretical aspect of trade because when the practical sets in and as you said " your money dwindling down" , then comes emotion and panic not to lose all. Grin

Jaycee99

sr. member

Activity: 1036

Merit: 273

Noted and thanks. Subject changed, is it much better? I really do not want to copy paste your whole suggestion because I'm worried about plagiarism so I add more into it. Thank you for the suggestion I hope you do not report Grin

(big smile here)

reflector

sr. member

Activity: 826

Merit: 263

Quote from: Jaycee99 on April 04, 2018, 08:04:44 AM

Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders the will comment here about my topic that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

2. Do not even think of selling you bitcoin or ethereum

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)

5. study the past history of market value ( when holding or investing and even trading)

Good tips mate, many panic sellers are in this forum and outside. This thread may streamline them in the right way bro. Since I like these information I have shared 1 merit also for this post mate.

@people who want to how to get the merit. This is may a good thread getting merit but big but good guys. he hasn't created for getting merits but this can good merits for him I hope.
Good luck and if possible, you may change the subject as Tips to survive in the market downfall time or something other than from a present one.

btyco

copper member

Activity: 364

Merit: 4

Just look at the market trends. Selling right now while the prices are low is madness, wait for the market to return in mid-2018 and then consider selling.

The_Masterer

newbie

Activity: 20

Merit: 0

Quote from: gabmen on April 04, 2018, 09:05:29 AM

Nice one. Though it should be pretty basic, people are having a hard time following what you've stated there dude because emotions can easily take over when you see your money dwindling down. The part where you shouldn't invest what you can't lose is probably the best answer to those people panicking when the market is bearish. It's not an overnight thing guys.

Well some people just dont have a choice. They might have bills to pay and other needs, HODLing is just not an option for them

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Nice one. Though it should be pretty basic, people are having a hard time following what you've stated there dude because emotions can easily take over when you see your money dwindling down. The part where you shouldn't invest what you can't lose is probably the best answer to those people panicking when the market is bearish. It's not an overnight thing guys.

Jaycee99

sr. member

Activity: 1036

Merit: 273

Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

2. Do not even think of selling you bitcoin or ethereum

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

Edit: additional. So, I suggest you go and hold next thing you know your might get rich

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)

5. study the past history of market value ( when holding or investing and even trading)

Topic: Tips to survived the difficulties on market downfall - page 8. (Read 869 times)