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Topic: what you should do crisis time in trading ? - page 11. (Read 2291 times)

newbie
Activity: 111
Merit: 0
In a time of crisis and drag on the decline in value in the crypto market. Take advantage of that time to seek information and the transformation of the market. I will avoid and limit day trade. Because it is actually more risky at such conditions. Relax, continue to hold and learn more about the market and the next strategy. ico or some new altcoin has the potential to be very good idea.
full member
Activity: 602
Merit: 102
The term ''crisis'' should be a known factor in the minds of investors before going into crypto investment or any other kind of investment. It should be expected at one point in time. The things to do during time of crisis, should be to hold and to buy more coins at every cheaper rate.
hero member
Activity: 896
Merit: 521
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:
  • 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).

newbie
Activity: 52
Merit: 0
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.
member
Activity: 294
Merit: 36
In crisis time, the most important thing that everyone need to do is keep their emotion as usual Smiley. At that time, a lot of people often feel nervous that why that made a lot of wrong decisions and lost so much money. Beside controlling emotion, if they don't think that they're good enough to earn money at crisis time I think holding is the best option Smiley

That's right. You have to be even-keeled with how you approach things because if you would be too drawn out and be affected with what's happening around you, you would certainly decide prematurely and not be rational with the actions you will do, and more likely, forget that every move you do would involve money or at least an earned investment that would be put to waste in the moment your investment would go down the drain. So, just be smart, basically, with every move you do.
member
Activity: 488
Merit: 10
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.
hero member
Activity: 1400
Merit: 505
As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 
If you are a wise investor, you should know by now how the market is behaving and act accordingly, this is the perfect market to make some money, with no serious regulation, anything can happen, the best thing is to get the tokens when the market is down and wait for the market to recover and since this is a volatile market you will get plenty of opportunity.
full member
Activity: 532
Merit: 100
First of all you have to be calm to control your emotions, as it will decide whether you are lost or not. When the market starts to panic I usually sell 80% of my coin. Then wait to buy lower prices, remember is to buy the average price. Invest in the top 30 coin, keep and wait for the price to go up.
newbie
Activity: 189
Merit: 0
if I am in a time of crisis then I will keep holding because I know the value of btc always fluctuates voluntarily, so holding is the best way to do
sr. member
Activity: 1400
Merit: 283
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?
Trading is a very difficult thing to do, because you must have the guts to jump into the unknown and take the risk and have the patience to and to be able to work and keep calm under all the situation no matter how good or how bad they are, and if you don't have none if those and you are scared from a little loss than making the wrong decision will rewin your whole investment, if you made a decision you have to stick with it all the way.
full member
Activity: 490
Merit: 100
try to keep calm and do not panic because if you panic, you will not be able to handle the situation and may be you will make the wrong decision that you will regret later. in crisis time we have to control ourself and no one choice except hold and wait until the situation is much better.
full member
Activity: 910
Merit: 100
elysian.finance
As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 
But you need to be calm for not getting panic so that you will not take any wrong decisions. For that you need to control your emotions. Anyone who can control fear, can control emotions, will easily not bother on anything that happens to the market so I totally agree with you. However, I usually wonder what ends up causing this fear and the only reason I can give is that people usually do not get to understand the market before investing or do not get to learn how to play with their positions before trading and then they end up flopping badly by making huge mistakes as a result of panic.
that's what we have to do, we do not need to panic and fear the decline in the price of coins happening in the market today, we must be able to control our emotions and panic, and do not take action that will make you lose big, we will not take steps wrong and will make us regret it.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Analyze crisis in the past, each of them was the worst for poor people
and for people who get caught up in wrong investments. The one`s on
the top of the food chain hold what they have, even if value is dropping,
and stash more of everything they can get their hands on.
   In times of crisis prices are going down, great time for buying cheap
on every market.
   Hold what you have, buy more! Only two things that we can do in this
times, and after that sit and wait market to recover, and it will, people
will always be hungry.
legendary
Activity: 2996
Merit: 1188
As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 
But you need to be calm for not getting panic so that you will not take any wrong decisions. For that you need to control your emotions. Anyone who can control fear, can control emotions, will easily not bother on anything that happens to the market so I totally agree with you. However, I usually wonder what ends up causing this fear and the only reason I can give is that people usually do not get to understand the market before investing or do not get to learn how to play with their positions before trading and then they end up flopping badly by making huge mistakes as a result of panic.
member
Activity: 505
Merit: 35
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?

Maintaining your composure is the best thing you can do in crisis. You cannot think clearly when you’re at the stage of panic. Market vulnerability is inevitable in trading so you need to accept that fact. You need also to prepare yourself for the worst case scenario.
newbie
Activity: 294
Merit: 0
Crisis time is very critical time,we do nothing except wait  and follw.In this time you must avoid panic, emotion and selling.Try to buy coins(if possible) because crisis time is best time to buy good coins.
member
Activity: 273
Merit: 10
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?
We can see that in the early days of the year 2018 prices of bitcoin and altcoin are continuously falling for many consecutive days, the market is in crisis and drooping. Therefore, I think that we should not trade in this time of danger. Get all your assets in dollars to be able to preserve capital and wait for the market to stabilize again to continue investing.
full member
Activity: 868
Merit: 116
Actually, the best advice to every trader in this big crisis is " Do not rush" especially in decision-making also everyone must control himself. Moreover,  it is true that we must take advantage of this opportunity because the majority of cryptocurrencies  are in a full decline but there must be a strategy ( plan) not not random buying and selling.

Furthermore, for me, the risk may have a big effect to make a lot of money in a long term. I would advise everyone to buy a large amount of Ripple (XRP) because their price very low, and it is certain that  it will rise significantly particularly in a long term.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
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?
Before at first on deciding to engage yourself at crypto,you should really be already readying up yourself on such stress and struggle because it would really be there and you would definitely experience it with this very volatile market which you would really have the time on facing up crisis time when you do see a market decline.Getting out would stress you out,one false move then its a loss.Rather than on panicking better to calm down and just hold and if you cant think off some back up plans then it would be much better.
sr. member
Activity: 686
Merit: 262
The best option is to just close your phone, go out for a short trip and come back after a few days. Looking at the screen again and again gives a lot of anxiety and it should be avoided at all costs. Nothing is more important than health
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