I don't have a specific step but I would suggest for most newbies or beginners with trading to just hold your coin in time of crisis or most of the time when the market is down, just stay away from trading for a while until you hear it from your sources that the market has recovered. It'll save you some time and effort and also your emotions so you won't sell your coins at loss.
Sometimes the best thing to do with this type of situation is set back, relax and watch the fluctuations of changes of prices because hodl is the key to avoid lose and failures. I guess those risk taker that willing to take it though they know that it would not be easy is those who had been earned a lot or been doing trading for a quite long time. 
Topic: what you should do crisis time in trading ? - page 10. (Read 2291 times)
People refer to bear market as the crisis time. But the thing is, you can earn equal profit as in bull market in bear market as well. In bear phase,
What can you do to protect you coins:
Yeah an investor and trader must have the courage to bear the worse situation. A good businessman is that who handles the bad situation with good manners and calmly. Investment is different crypto currencies is better than investment only in bitcoin because it will reduce your tension of losing your investment in one cryptocurrency. What can you do to protect you coins:
- Open a short position.
- The second tactic is to just HODL all the way, long term ... and see all the dips as market ‘noise'. If you invested in a great project at a good price - all should be well. At a later date, you can either cash out back into FIAT, or use your coin investments via a Crypto Payment Card.
- The third strategy is to sell all your coins at the beginning of a downtrend and secure the funds in an exchange coin (i.e Tether). Then buy back more coins for the same amount you sold at when you think the downtrend is over. This active trader method requires time and vigilance depending on if you are a day trader or a swing trader (longer timeframe price movements).
People refer to bear market as the crisis time. But the thing is, you can earn equal profit as in bull market in bear market as well. In bear phase,
What can you do to protect you coins:
Yeah an investor and trader must have the courage to bear the worse situation. A good businessman is that who handles the bad situation with good manners and calmly. Investment is different crypto currencies is better than investment only in bitcoin because it will reduce your tension of losing your investment in one cryptocurrency. What can you do to protect you coins:
- Open a short position.
- The second tactic is to just HODL all the way, long term ... and see all the dips as market ‘noise'. If you invested in a great project at a good price - all should be well. At a later date, you can either cash out back into FIAT, or use your coin investments via a Crypto Payment Card.
- The third strategy is to sell all your coins at the beginning of a downtrend and secure the funds in an exchange coin (i.e Tether). Then buy back more coins for the same amount you sold at when you think the downtrend is over. This active trader method requires time and vigilance depending on if you are a day trader or a swing trader (longer timeframe price movements).
I have watched many times as a long flat exhausted the strength and nerves of traders. But then the trend began and traders lost many times more. So appreciate what we have now. This is the best time to buy new coins. We know that sooner or later they will grow up.
I don't have a specific step but I would suggest for most newbies or beginners with trading to just hold your coin in time of crisis or most of the time when the market is down, just stay away from trading for a while until you hear it from your sources that the market has recovered. It'll save you some time and effort and also your emotions so you won't sell your coins at loss.
The problem is that there is no ideal time for trading. When you start to climb, you will not know how long this will last, what will be the correction, etc. There will be new reasons for concern. And now is the best time to buy new coins.
Before the start, you must have some kind of plan. You should decide beforehand what would you do in different situations. By using the plan, you will not allow your emotions to press you to make decisions.
Many Pro traders experience this things because some they want to be very aggressive when it comes to trading but being aggressive in this market will be hard because of the manipulators that can easily control the market which can be bias for your TA.
when it comes to investing is to only put as much money up as i am conformable loosing so when downtrends like the one were currently in show up i dont feel obligated to sell...hold and not sell even if im down a lot because i know if i sell ill regret it a few months later when the prices recover when ethereum went from investment and i still held even though it was my first investment....
Yes, its a good idea when the crisis may happen .I would like to apply your strategies ,I still hodl my coin and wait the right time until it will recover to a higher range, obviously its normal that has a decreases because of the fluctuations .Its difficult to predict its value because the demand and supply was based on the investors or people who are involve but through our presence of mind and wise thinking we can get good earnings.Investment has a great advantage so as long as you never reach the target you can still hodl and continue hoping for the bounceback.
when it comes to investing is to only put as much money up as i am conformable loosing so when downtrends like the one were currently in show up i dont feel obligated to sell...hold and not sell even if im down a lot because i know if i sell ill regret it a few months later when the prices recover when ethereum went from investment and i still held even though it was my first investment....
in my opinion, under any circumstances in managing finances is very easy. by way of allocating your savings to a well diversified income source, or in other words saving your money in many forms of investment.
In crises time the most important thing is patience because the whole life is not smooth. You will have to face some hurdles at some stages. You need to handle that situation with cleverly. If you have bitcoin, hold them. If you are trader stop trading if you are losing your money and wait for good times to come. The crises will not continue forever. I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
As far as i know, In dealing with money, Discipline is very important, Money is like a bubble, Anytime money will burst out in an instant. It requires proper handling through budgeting and disciplining yourself from expenditures.I know most of us knows how the answer, but the most challenging part is putting the words into action. in my opinion, under any circumstances in managing finances is very easy. by way of allocating your savings to a well diversified income source, or in other words saving your money in many forms of investment.
That is the learning everyone must know. We are just new here and we don’t listen to anybody. We think we are the smartest and knows everything while the trend is totally opposite. People must know that how to make smart work but with best learning and patience. This trading is all about the decision making so don’t let your decision ruined by the haste and impatience, keep patience.With proper knowledge of what's happening to a coin can help you a lot on this kind of situations because if you are just focusing in income without knowing the situation of a coin you bought you will surely ended with a bad move which lead you to loss of your all money. There is a saying that patience is a virtue so adding it to your personality will result to a good profitable decision, there's a risk but it will lessen if you are geared with knowledge and planned strategies that will use in any kind of situations bitcoin or any coins will faced in the future.
People refer to bear market as the crisis time. But the thing is, you can earn equal profit as in bull market in bear market as well. In bear phase,
What can you do to protect you coins:
Yeah an investor and trader must have the courage to bear the worse situation. A good businessman is that who handles the bad situation with good manners and calmly. Investment is different crypto currencies is better than investment only in bitcoin because it will reduce your tension of losing your investment in one cryptocurrency. What can you do to protect you coins:
- Open a short position.
- The second tactic is to just HODL all the way, long term ... and see all the dips as market ‘noise'. If you invested in a great project at a good price - all should be well. At a later date, you can either cash out back into FIAT, or use your coin investments via a Crypto Payment Card.
- The third strategy is to sell all your coins at the beginning of a downtrend and secure the funds in an exchange coin (i.e Tether). Then buy back more coins for the same amount you sold at when you think the downtrend is over. This active trader method requires time and vigilance depending on if you are a day trader or a swing trader (longer timeframe price movements).
in my opinion, under any circumstances in managing finances is very easy. by way of allocating your savings to a well diversified income source, or in other words saving your money in many forms of investment.
That is the learning everyone must know. We are just new here and we don’t listen to anybody. We think we are the smartest and knows everything while the trend is totally opposite. People must know that how to make smart work but with best learning and patience. This trading is all about the decision making so don’t let your decision ruined by the haste and impatience, keep patience.
I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
Money or Risk management would be hard to attained if you dont have a strong awareness and discipline on ones self which you cant really handle out situations like this if you cant able to control specially your emotions. Crisis time can really be experienced anytime into this very volatile market.You should be aware and prepare for that thing because once it hits you,too much stress can really be obtained on where you should prepare yourself on how to handle that.Experienced would vary and teaches you along the way. 
crisis time is great time not to hurry and just to collect quality altcoins. You should keep in mind that there can be a long way while market is flatting. So you can reserve some part of your money for buy and hold and another for active intraday trading
All i can say is just HOLD all your coins.It would be difficult for most of the people here to ride with the huge swings of btc market so better to stay calm and safe.And holding would be the best thing to do to ensure profit after a long storm is over.
crisis time is great time not to hurry and just to collect quality altcoins. You should keep in mind that there can be a long way while market is flatting. So you can reserve some part of your money for buy and hold and another for active intraday trading
in my opinion, under any circumstances in managing finances is very easy. by way of allocating your savings to a well diversified income source, or in other words saving your money in many forms of investment.
That is the learning everyone must know. We are just new here and we don’t listen to anybody. We think we are the smartest and knows everything while the trend is totally opposite. People must know that how to make smart work but with best learning and patience. This trading is all about the decision making so don’t let your decision ruined by the haste and impatience, keep patience. I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?
I think you just have only two options and that is either to withdraw your funds while it’s still early and while you haven’t lost much of your money, and the next option is to keep calm and have patience till the storm is over. If you ask me, I will prefer to hold it and have patience till it goes up again, cause that’s always the best thing to do. If you sell off, you might just end up missing the greatest opportunity that is yet to come.Jump to: