Topic: What do you do when you see bitcoin crashing like this and you're losing money? - page 3. (Read 535 times)

Well the whole point of holding your bitcoins is to you know hold them, there is not much to do, you do not need to manage the position in the market of your coins since that was decided the moment you decided to enter in the market, this sounds extremely passive I know it but holding has been shown to be a superior form of investing over active trading and that is what I do.

I have a reserve of bitcoins that I have put aside for long-term storage. I do not touch these coins at any price of bitcoin. I also have a stock of coins on the stock exchange. I use them for trading. When there is a sharp decline in prices, I always sell to fix the loss. Then I buy at the bottom and wait for the growth. If again there is a price reduction I will again sell etc.

LOL. This is the best position I have ever seen and met. I will sure remember these words and try to do the same things each time when crypto is down.

of course how can you sell if your money gradually disappearing ? Lol so much better to sit down and dont lose hope just wait for the pump before you sell off  'cause to be honest selling your money while you have lose is on it is not a good idea and for sure you will cry after. And besides if there's a dip it doesn't mean it is the end of bitcoin journey 'cause in fact the price always jump after worst scenario .So why not keep holding if you know that the price always recover after ?

When the market is crashing, I prefer to lose money. As long as I don't sell my bitcoins, I don't lose money. Because finally the prices will rise again. Better to not panic, be patient and just wait. Sooner or later I will get my reward.

Eating lots of food, watching films, playing video games, improving my project , designing something...  , and I believe that this big fall is temporary and it will not last long despite that in last 2 months the market in crisis, but only there are some problems that will be resolved in the near future.

Furthermore, I am patient and very optimistic about what will happen in the future, and even though I have lost some money in this crisis, but it will certainly be compensated with a lot of profit in a long term , just HODL is the right decision for every big crash in bitcoin  .

there's nothing I can do if I do not have the capital anymore and get stuck at a very high price it's definitely all I can do is just wait for the price to go back up, but if I still have the capital I will definitely buy as much as I can.

Got to worry when you're struggling to catch up with Grannies  Of course sometimes you're lucky and they like it instead of pressing charges.


Facebook ads being stopped is much worse than google (in my estimation). Of the countries that have banned it the biggest one is China and that information is not true. Regulation while harmful short term can add real benefit in the future and is something that in time can lead to Facebook and Google accepting adverts again once they see that scams are far less prevalent. Scalability is an issue but there is constant work on fixing that issue, eventually bitcoin could even adopt the tech of some other cryptocurrencies if that needed to be the case.

For people who have a long-term investment strategy, sit nicely and watch a favorite movie is a good thing, let the price weaken and go back up. But if you have a short-term investment strategy and intend to see the bitcoin price movement selling bitcoin when it's downhill is the best solution! Hold your money and when the price is at the bottom and trend up price come you can buy back. I'm sure you will get a profit compared to HODL and let the price go back up.

When value goes down then every holder is also losing money with it.
I'm not cutting any losses, it's too late for me to do so but I promised not to commit the same mistake that I did because I panicked. While watching the charts and waiting for the price hike, watching some entertaining videos is diverting my mind.

its your technical analysis dictates how you decide with your holdings, im seeing a possible support level at $7.5k so ill holding at it and would probably set buy order at that level and waiting for the next pump expectation that would earn me 5 - 10% gain . just my cents though

I sit back and relax.As a holder I'm not losing money, I'm losing profit. It's just a relative loss for me, well not until it drops below $500.
If you are into bitcoin only for profit then you are doing it wrong. I guess you have already heard this before. IMO unless the price is lower than the price you bought at, you can just relax and watch others panic.

People are watching the wallet like a hawk. Nothing's moved since early February. And now the JPY liabilities have been reached they have no right or justification to sell any more. It's now down to the court to decide what to do with the rest of the coins. It's not theirs to sell. It's now their job to figure out whose it is. The actual amounts gone up in smoke have now been fully recouped in JPY.

The bullish trend is still there, but is being supressed by the Mt.Gox trustee.

This is a artificial bear market, designed by Wall Street to crash bitcoin and made the general public lost confidence over it.

The artificial pump started after CME was announced and the dump started after CME was launched.

The bitcoins being dumped are coming from Mt.Gox. Instead of compensating the users with their bitcoins, the japanese court choose to compensate in fiat, using the 2014 price.

This means that the major portion of BTC at Mt.Gox will not be distributed, which means a lot of fuel for Wall Street to just destroy the market, as the coins will fall over the hands of the governments.

Anyone who dont understand what is happening, and think this is all panic selling, is plain stupid.

Panic sellers are probably a minority and most of them are those who joined in December, when the parabolic growth was at a peak.

I guess 90% of all the sales right now are from Mt.Gox dumping their coins. All in concert with futures markets.

Eventually these coins will be depleted, and the market will resume its bull trend. This can take months and even the entire year, but it will happen eventually. Killing the trustee will not end it, as they can put another in his place.

So, there's no reason to sell, unless you are a fool who put all of your money into bitcoin.

I will not do anything and just stay calm  hhaaha

Of course, i'm hoping better days. These changes are around 2-3 months. We should collect the coins from the cheap price for this moments and when the time comes we should sell it more expensive. 

I would think I should have sold out at 11k plus.  So next time I won't hold on and on for a big price but will sell some when price looks good for the last month.  And I would not panic sell now and I would be patient. 

Well I'm not sure if it's really going to be 0. I personally think somewhere < $1000. With Google now banning all advertisements, which Facebook already did, less and less people now using it, while transactions are going down steadily, the number of shops accepting it decreases, governments banning it (China, Indonesia, Ecuador, Bolivia, Algeria, Nepal, Bangladesh, Cambodia, Vietnam, Macedonia) or heavily regulating it (most others, last being USA), energy consumption becoming a real problem and that the maximum amount of transactions is stuck at 14/second, it doesn't scale and that SWIFT said blockchain is currently not usable as payment system , I don't think there's any future. But 0 ... Not sure.

Yep, it's hodling nicely at -10%, just like yesterday it hodled at -10% and the day before, and tomorrow and the day after.

But hey, that's great news for all you delusional bitcoin maximalists, with -10% every day, it will never reach 0!

gambling, it is one of my ways to restore the defeat of the trade ,, although sometimes I experience the failure of the gambling ,, but as long as I can still take control of every gambling ,, I always get an absolute victory .. because I am indeed a masterful gambler