Bitcoin Forum

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

Generally I hold because it's so difficult to see when the dips are going to come and once you've missed them it's risky to sell in the hope they'll continue to dip.

As for how to stomach it - it gets easier every time, I find solace in a few bottles of beer and some good music. Everyone probably has their own way, I watch the price a lot less when things are on a downturn than an upturn so that I can have some mental peace for a while.

Hopefully one day (if not now) you'll be in a position where even after a large 20% or more dip you'll still be in a profit and that's always a nice thing to fall back on.

After my 2 years in the cryptocurrency space, after all the panics at the beginning(first few months) of my investment journey, you simply kinda just get used to it. A huge factor is also that even though I invested a significant amount, if ever my crypto investments go to zero(even if it's kinda almost impossible), I would still have a place to live in and have enough money for food and to start over.

A bull market right now would be really nice, though..

Hodl & try not to worry about it, you’re only losing money if you’re selling at a loss. Besides i’m massively up on what I’ve invested.

Unlike the rest of the guys in the thread I am currently down on my overall investment and I'd be lying if I said it was easy to deal with the dips but it's made all that much easier by being sensible in the first place. While it would hurt if I lost what I have invested, I did not invest more than I was willing to lose. One thing I like to do is go and read about bitcoin and cryptocurrency, use this time to become better educated and understand the benefits of what you're invested in, that can help you to have much more confidence in it

I traded shares for almost 40 years so I am used to peaks and troughs of investments. Try not to be consumed with daily movements. If you want to trade then try selling on the upward and buy back on the downward but if you sell it may not go below that level for buying back.

Very easy, I have very stable character and if something bad happens, I always find a solution.

That’s where most people go wrong & it’s why you see accounts around here trolling, posting FUD. Lots of butthurt people who sold & didn’t manage to get back in before a violent upwards swing.

Don’t be that guy.

Though some people do this, according to them, there are few gains in it and it prevents them from loss. But I seriously don't think it worth it and neither is it a right decision to make. When I started out dealing with cryptocurrency, I previously make the mistake of selling and I must confess, I loss quite a lot. I wish I could turn back then hand of clock, I would have steadfastly hold my coins.

Simple, I don't think about it. Or I just think that when I first came in here it was just around $500. Pretty neat huh? When you think of lows like that, even plunges to down $5k don't look so bad.

Firstly 20% plus decrease is not much for cryptocurrencies. People can make %5000 profits in short times, so decreasing and losing money is normal for crypto trading. I think you must not be afraid of selling with loss, because most of the times bearish trend decreasing to 90% is normal. you can buy when it is really cheap

I don't anymore. Sick of the market this year. I went ahead and sold everything.

Hodl is the key to manage the price dump. Whenever we see the bitcoin and other alt currencies dumped in the market. Initially we need not panic about the amount go to sell it.
With in some weeks all the amount will settle back to decent value in the chart.
This weeks dip definitely you might noticed via the news which says about mt gox, crypto regulations on trading cryptos.

Are you going to purchase any when the price goes up? I suggest that you have some money to spend on that.

Well put :)

Im relatively new to markets. Before Bitcoin I had no idea about most things economy wise, but since I have been in Bitcoin for a while, I have had a training program in the form of the MtGox crash, where I saw it go from $1200 to near $100... this was the biggest crash of all times in Bitcoin, which is why all these guys screaming doom about any further crashes seem like a joke to me.

Once you've saw it drop 90%, then recover to go almost x20 of it's current ATH... how the hell can people fear Bitcoin failing? it has shown how it can recover from death itself. It's a matter of having a strong hand.

You know why they fear? Because they have bought at the top ;)

Wich stomach? I already sold my stomach for buy more btc at the dip.. Unfortunately the dip of yesterday was the high of today..
Kidding apart, is always risky to short bitcoin, i always buy/enlarge my position at every dip.

I hodl because I am not a good trader and I don't want to have to be near my computer at all times of the day to do trading. I have believe that the markets will go up and I am not greedy, thus hodl approach works good for my circumstances.

Such drops can be hard to digest for new investors. They start investing with the hope that their money will only increase after the investment. Personally, I have become used to these price falls. On the current local exchange I am using frequently I see drops of $200-$300 in minutes but it still does not makes me panic. I know that this is common as we keep getting mixed news related to bitcoins from all over the world. If the prices are not volatile, we will not be able to see those amazing spikes as well.

When I was new in bitcoin the price was just around $570 then just few months have passed it blew up to $10000+ . Now I am still working with bitcoin and don't feel too much about the price going down because the price is actually still high for someone like me who work more to earn it than investing large sum of money. In my case my profit may be reduced a bit but still I am earning.

These are different times, now it's not just investors buying and selling what makes the price rise or drop. Now the threat comes from banks and governments. They will come with worldwide regulations and that could do serious harm to cryptocurrencies. Governments will not just tax, they'll, worst of all, centralize. This is causing the price drop of the last few days.

I don't really mind them. When I was starting with cryptocurrencies I was always scared that Bitcoin might collapse but after some time I learned that these things happen and we can't avoid them. In fact they are even healthy because they are a proper time to sell your BTC and buy when the price goes even lower. What a shame that many people panic always when a correction starts. Later they blame Bitcoin for their loss even though they were aware of what they were doing.

There's no need in this question in the topic better to think what to do in this situation

If the price in all coins drops so low better to do is just hold because first you already take the risk so you already prepare to lose that

I think also if the coins drops i'm sure it will be back soon by their current high price

You can try and short to buy back in lower but if you dont have some strong technical analysis to back it up its likely you will trade poorly.

Been stomaching this shit for years, when you understand that most of these coins have a FIXED supply but increasing DEMAND it makes it alot easier to just hold and wait.

If you cant treat the money you put into crypto like a savings account then your in for a stressful time. Good luck

During Tulip Mania they had dips until one day they didn't and I sold on the dip when Bitcoin was last at $18,000
because it was obvious that the miners where holding a knife to our throats at the doors of the casino by charging
a $55 fee and calling it a donation.

No one trusts the development team and some of us know that the lightning network is nothing more than a system
of banking hubs but if you want off-chain block-chain then keep hanging around and ignoring the obvious news.
https://www.youtube.com/watch?v=UYHFrf5ci_g

We can always blame Kim for north Korea if it goes to zero right  :D

I generally just hold them when during dips as I think that it's better to wait and analyse the situation than making rash discussion of selling bitcoins at loss which you can regret later when prices are back to normal or has increased even more.Bitcoins are good for long term investment and with patience and calmness during dips can be profitable at long run.

Wow you mean you actually brought in at over $10,000 because your the first one here to ever admit it.

I pulled out at $18,000 because the fees hit $55 per transaction so I made a killing myself but really i was helping
those that wanted to "Buy on the dip" because for every buyer you know, you have to have a seller but hopefully I can
help the miners out and buy up some of them 1080 GPU's graphic cards they might be forced to sell being such a nice
dude myself 

With the current situation, this price dips would somehow be temporary and for those who still have the capital, it would be best time for buying btc at a price where btc is cheaper. Long term investment should be considered when investing bitcoin and just wait more time for btc to regain it's growth.

I've stopped caring actually, I have my BTC stacked aside, not being into any use, just holding and hoping for the best. Moreover, after continuous observation on the price charts the last 2-3 months, I am seriously considering getting into trading to broader my horizons and bear the fruits of dips and pumps.

I really like to buy bitcoin whose price is down and sell it when it's expensive and will wait to get back to buy when the price goes down again, it will be very profitable.

Whenever crypto market drops, I just make sure to hold all the coins until the rise again and I also keep buying in all the dips part by part so as to make sure that my losses are covered even earlier and I make more profit. There is no meaning in selling crypto currencies in loss. People usually tend to panic during falls and sell their crypto. Unless you convert your coins into fiat money, you are never in loss cause it might take a bit, but the coins shall recover surely after the market correction is over.

i have to say it's nice  that you don't care if you lost some of your investment but also we have to ask our selves why crypto market is so volatile and unstable that's the biggest disadvantages of crypto cuurencies and we also have to figure out way to stabilize the market i hope if anyone has an idea about reducing the market volatility would share it here so we can enhance cryptocurrency market

True. One cannot predict the entry and the exit point while investing or withdrawing money from crypto currency. So its better to hold if the crypto has already dropped cause you never know at what point it might again start to rise or till what price it shall fall. Better is to keep holding the coins you have and also to keep on buying side by side in all dips part by part.

Same applies while selling, during pumps keep selling your coins part by part so that you are secure even if it starts to dump hard, as you already would have removed the investment along with some profit.

I ignore them because until now, I still dont have any tokens or coins earned. You guys are lucky because you have your coins to talk about and I dont. But, if I am in that situation, I will still hodl my coins for future use.

I can stomach the dips because I think that given a few days or a few time that the price of the bitcoin will stabilize and it will enable me to become much more successful if I would just wait. I like to imagine it like this is a time for reflection and opportunity where you can buy low and then wait again for it to go up and then you can make a profit out of bitcoin trading that for me is my way of going theough this dips that has been plaguing bitcoin and cryptocurrency as a whole

Since i am not new in this field, i get to used with this drops and panic and now i am calm and at ease during the drop. I am HODLING and even buy more during the dipping for it is the great time to get more after the dip. So buy more and HODL then wait for the right timing to sell and get your profit.

Ups and downs are the common feature of the crypto market. And being in this space for so many years, I've become used to it. In fact it's not only me, who has become used to all this, it's for everyone who has spend a considerable time in this bitcoin community. Trading definitely teaches us so many things and patience is one of the most important teachings of the crypto trading. So a situation, the kind, you are talking about is what I've been through a number of times!! So I preferably HOLD in such a situation. Of course, the responses may vary depending on the intensity of the situations. And one most important thing in such situations is that one should stay calm and composed instead of getting panicked and anxious.

I just rolled my eyes and didn't bother to open my holdings within the day then I'll come back and check it for the next day to see if there's a changes again but it didn't stop me for believing to hold it as long as I can this is like a normal routine for me to witnessed ups and downs and I'm kinda enjoying the ride that what is crypto is making me experience right now.

It's not that all risky. If you are seeing the volume and at the same time the price is decreasing you know that the market is dominated by the sellers, when it is dipping it is more dangerous in buying compared to selling. People who are late in selling at a profit can still participate at selling right now hoping for it to dip more. Even this is risky and I may lose a lot of Bitcoin in the process, the chance of holding your Bitcoin at loss is really not a good option as you don't know when it will really rise back up again.

It all depends when do you need the money. If it is in 2-3 years, or later. You should not sweat at all. At some point, BTC will go higher than 20k, and you can sell :)

Most of the time you can't tell when it's going to go down, so I'm going to keep it for the long term because it's the most profitable way to invest in cryptocurrency markets.

Although Bitcoin price fluctuations are a bit large, I still want to keep it. This is an opportunity. When it goes up, you can make a profit.

Once you have experienced the sharp fall of the market in the crypto world, you get immune to it the next time it happens as you know somewhere in your heart that what has fallen will soon recover and rise again. You know that the bearish trend will soon get over and coins shall see bullish trend. So the fear goes away with experience and you get bold on the decision that not to sell in loss and always HODL when the market falls.

During this time I have been dealing with cryptocurrency I have learned what it is - to wait. When the next dip comes, I simply stop my activity and start looking for the day when it is up.

No. I'm just holding it like a boss :D I've tried to sell the top trying to buy back lower several times in past only to buying at a higher price in the end and wasted a lot of time. Since then I promised to never day trade again. I'm just gonna accumulate and hold. I don't know but I seem less sensitive to drops these days. My trick is to sell some (still small amount) at the top to buy things that you really wanted and save the rest. I did just like this on the last ATH on $18K-$19K. I sell some to make some things done and I'm happy till now. The last 50% drop doesn't affect me too much.

Although I received all of my coins in generosity companies, I do not sell them at once, but on the contrary, I care about them, believe in them and projects. The first months after the new year are very difficult, you do not know what to expect from the market and what surprises they will give us.

Because of my previous experience I do not panic about the dip because bitcoin will difinitely rise again. I always sell when there is any rise in price.

Indeed. For new investors its hard to understand the market, so they usually panic in such situation. But after some time in crypto you gain experience of the market and don’t fear the pumps and dumps anymore. You should know a thing about all asset markets, “ the fall of market is blessing in disguise”. Its blessing for people to invest their money again at low coin values and gain some good profit after the market recovers and goes bullish. Pumps and dumps are necessary for a healthy market, don’t let them scare you.

Holding is best suitable option for a person when dips are roaring around you. Whenever things are not in good situation, you need to be flexible and try to absorb them. Before getting into trading or investing, it is often advised to compel your mind on how to deal with losses. Especially when it is a dip, how will you behave and what will be the measure you should take.

Never ever do that, like never sell your coins when the prices are dipping. Instead consider it as a opportunity to buy more and lower your average out, while this seems risky in the short run in the long run you'll profit a lot from this kind of strategy. Always remember buy at dips and sell only at high prices. Yes I shall hold it till the very end I can and never bother to sell it, I trust it.

I have tried to sell on top and buy back again but I have seen that I have lack of patience on doing it so I have decided to be a holder until my deserved price which is better for me.

I am.not worrier about the dip and i am still.in hold of.my coins than to.sell right now because it will not help. it will only give me more losses if I will sell now I am just waiting for the right time to sell some of my coins.

During these dips, I HODL what I have and look for a good entry point. I'm sticking to cost averaging method in accumulating BTC and buy additional 10% more than my monthly average. For further bloodbath, I read good news about corporations and big investors adopting the technology. These investors won't invest in something that is set to fail.

One gets use to it. What ever you do will not change the reality of the situation at that material time . Just HODL and do not think too much about it.

In time you will get used to it. At first when the market dips your heart rate goes up and sometimes you consider selling at loss. But now you just wait it out and not panick sell as you will lose a lot. Just keep calm and hold. Eventually prices will normalize and go up or just sell at a minimal loss.

Well yes i sold my bitcoins last december when the price reachex 20k i profited about 17k last year then i bought last month 6800 good thing that i bought bitcoin when the price drops at 6k and it did drop firther but i decided to hold on since the dip will be over soon. But now it's back to 9k~10k, i'm still planning to sell or hold on i don't know what to do with my bitcoin at the moment since it's not good to invest im bitcoin at the moment due volatitlity

Haven't got time for day trading so just acquire when I can and hodl. I know that there will be dips and bumps but you need to look at the bigger picture ahead. Bitcoin is going to rise, could benefit from day trading but I know overall it is an upwards trend so not going to worry about a few dips along the way

Surely, holding and investing at moments like this, is the best thing to do. It is jist temporary and the market will be positive soon. Selling will just contribute on the downfall so as much as possible, avoid it. Invest and hold rather, because once the market value starts to recover, huge profit will be earned given tht the dumps are not permanent.

I have seen several of these threads on stomaching dips and losing money trading. Does no one use put or call options on BTC to minimize your loses.

At times like this, I just hodl my coins, buy more and invest if I have the money to spare. Then I close my wallets and continue with my normal daily routine because I know the bear market will surely end.
Have a beer and relax

You have hit very important thing that is always in the mind of investors before they are making any sort of investment in any market. Even if take the example of bitcoin, people are investing into it just because they need money sooner or later. As you said, those who are planning of making money gradually and in large amount, you don’t need to put yourself in any distress. Short term should also stay light because they have invested in right coin.

We always hope to see a lower price and buy again when the price falls, but this is risky. We can't predict the price drop completely, but I generally buy it when the price falls below the range I expected. .

It really pains me to see those dips on the price of bitcoin but I am one of those who stlll hope that the price will go up. It happens before where bitcoin price plumetted but recovered. I think it is better to hold and wait for the prices to go up.

I used to be afraid when Bitcoin dropped a little more than I expected and I even panic sold some of my Bitcoin. Now, I'm no longer afraid of dips, I simply hold as long as it is possible. I try to spend my BTC only at ATH and encourage my friends to buy BTC when Bitcoin decreased a lot. Of course, none of them wants to buy something that is losing its value. Quite funny because they later bought it when it was much more expensive. My advise is not to panic because Bitcoin will eventually recover. Now it is the perfect time to buy some. I have no idea when it will start to increase again.

The best way to stomach the dips is to look at the historical charts. Crashes are a very common occurrence in the cryptocurrency space. Once you look a the charts, you'll know that whatever you're seeing is not the first time this has happened. The market has been here before, and it'll be here again.

This is a good form of investment, but it will easily damage the interests of some investors, but also the suspicion of manipulating the market, which will cause panic among most people.

Personally, I already expect price drops to happen due to bitcoin's volatility but I cannot help but to feel nervous and anxious about my investments. What I do, I risk 50% of my bitcoins by not selling them while I sell the other half of my investments above the price I initially invested them on. If it came to a point that the initial price I invested my bitcoins are below, then I just let time do its magic by waiting.


Considering that there has been a consistent decrease on its price over the past weeks, we might see its price being stable at around the $8000-$9000 mark depending on the circumstances happening. With this, we must accept that price are really decreasing on a steady pace. It depends now on our investment goals whether we should sell/acquire more depending on our financial status.

Anyone can invest in Bitcoin. Your friend. Your enemy. Your whatever. However, you must advice them to learn about the basics of Bitcoin and cryptocurrency first. Investing in Bitcoin without having a basic knowledge of Bitcoin or not knowing what you're doing is a recipe for failure. You don't just follow the band because everyone is in the band. Invest in bitcoin only after study and research.

Yes I know it hurts to see the price going down again and again but it is not going to stay the same for long time,. If you will keep patience and hold your bitcoin it will be good time and all the pain will turn to the relief. With time and fast investment price of bitcoin increases, so the best choice is to hold your bitcoin and let it grow as much as it has potential to increase, I am very sure bitcoin can increase price and give you a lot of happiness with high pump in price and profit.

I gave up on trying to time the highs and lows a long time ago. I will make multiple buys as the price is dropping to dollar cost average my buys. I usually don’t sell coins unless it’s to trade it for one that I think is better. I find that long term holding is a good strategy because there is a lot of room for cryptocurrencies to gain value over the next 10 years or more.

I drink a beer, watch tv. Live my life as I normally would. Close all of my wallets, keep my coins locked safe and just forget about the cryptocurrency market for a bit because you might go crazy if you keep looking at the chart every minute especially when the price is dropping fast so the value of your portfolio is decreasing rapidly. I tend to just stay away from it all.

Yes, the majority of traders do this, they buy during price falling and sell when prices rise and reach their peak. So someone bought it and made a lot of money on it.

To be honest, I have not yet learned how to deal with these adverse market conditions, because in many of the currencies where I have invested most of my capital, they have lost more than 90% of their value in relation to their ATH, so at the moment I have lost about $100,000 in a couple of months, and I have no other options than to continue holding my coins.

At this stage of the game, when I have already lost 95% of my money, I do not care about losing the remaining 5%, so I do not have too much to lose if the downward trend continues.

I'm with Bitcoin for a long time now and this is not first such experience for me. So actualy I'm calm and this price drop doesn't give me the headache.
To sell now it's not the good thing to do, especialy if you have bought Bitcoin at higher price. Be patient, don't give up, the price will recover.
I think that one of the problems is that everyone get spoiled with price we had at the end of next year and now are many disappointed especialy new and unexperienced users.

Well I am a pretty old member here on the forum and have spent so much time that I know that dips are the right time to buy bitcoins or any other crypto, so I always buy bitcoins whenever there is a huge market crash or anything like that, in case of a market pump I try to sell my coins at a fixed price that I keep in my mind as while watching the price rising the greed in a person also rises, so I do this just to be safe and not get influenced by my greed.

i am working with bitcoin for more than a year. i always loves to store bitcoin.and ,i always get profit for holding because, i always buy more bitcoin than i deposited in the time of low value.use this tricks, you will see the success.

If there are sure chance that the price will drop,i will sell at the top first and buyback later of course.If there are no certainty i just hold and keep buying when the price got a big drop.I only sell when i need money regardless the price,so it easier for me and i'm not a hardcore trader who think to gain profit every chance they get.

And in the chat he invited anyone who bought him a pizza, 10000 Bitcon. One of the chat participants, responded to Laslo's request. This was the first perfect deal involving bitkoyn.

Well a dip is a dip and we cannot stop that. But we can do something to lessen our losses and to increase the possibility of getting profit. For me, a dip is one way of collecting more bitcoins and hold it until bitcoins value will come back again to 20k$ then I will sell some of it. A dip is an opportunity for me to buy more coins in a very cheap value.

I think the loss is depend on the market when you have good understanding and you think about the market and market trend also when you can earn a good profit but by good understanding you can sell it small loss to aware of big losses,

Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.

but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.

I agree with your statement that one key to being able to "stomach" the low drops in the market is to be comfortable with the amount of money that we have invested in. Losing time and energy is not as bad as losing a significant amount of money. We have to invest with the mentality that we will be okay still if we lose X amount of money.

When the Altcoins I hold decrease in value, I immediately stop losing when I reach an estimated reduction of about 10%.

I am most afraid and hate when my capital decreases because I hold Altcoins too long.

It gets harder and harder when it goes longer, its not about the dips that makes me really sick but its the timing of it, if it went down quickly but corrected harder than I would be fine however when it goes on for months like this (it has been what 6 months since we had a good bull run?) I get sick and keep having harder time to find the will to continue.

I have been a full on crypto person for over 4 years now, I have not worked for a regular job for over 5 years yet now with this 6 months of break from a decent run I have started to realize I do need a regular job to have a base to work, thankfully this bitcoin run of my life helped me a lot to improve myself however it will not be enough and will have to return. Basically I am fine with drops but I am not fine with long term bear market.

Usually, I stop to trade during these periods. I become a HODLER. However, as soon as I am a very active man, I start to seek for the best Bounty campaigns. It helps.

You need to decide what kind of trader you are.
If you are a day trader then you should always cut your losses at 5% other wise you are cutting your gains for the day. If you are a swing trader then 20% drops are fine (albeit very large) the analysis will follow through if it is right. If you don't trust your analysis then you shouldn't have put your money into it. At this point people become hodlers.. if you are a hodlers either because of the mentioned reason or you researched and believe in the project then you have to wait several months to years. I learnt how to improve myself as a trader by joining this discord https://discord.gg/HSMHyCy they have helped me learn a lot about trading because there are a lot of experienced crypto personalities on here

If you already a long time experience trader in crypto then that deeps is still a very normal in crypto trading in my case i am not always checking the price of my profulio to avoid panic selling and i do only hold in long term trading.

I really hate this dip that happening on the market and in the whole industry of crypto. There are too many factors why this is happening in the market. Hope that this will end soon. I'm very excited on the payday as I have to many coins and tokens that was pending to be sold. Hope that this monster end and the December will be great again like last December 2017.

Our stomach ends up being empty due to the market that when we sold our coins we might regret, but it may not reach ATH last year but as long as it increased at a good price. it will be a happy tummy December.

It really depends on the coin that you are talking about, if we are talking about bitcoin I do not mind holding no matter what, in fact I held my coins during the last crash that we saw and I didn't have any kind of problem with it, but if the money we're talking about is one that I'm using for trading then I have a very specific amount of money that I'm willing to lose in each trade and as soon as that amount is surpassed I sell my coins.

When the cryptocurrency market is not good, I will try to forget it and do something else.I will hold those potential coins.But I also have some stop loss strategies.Don't let yourself lose too much.

every situation has a lot of different speculations, especially in the current rate of decline. of course you must have a plan first. but if the market tends to be stable I will hold it for as long as possible.

While it is painful to watch the market when everything is going down, it is something that you need to do because even if people concentrate a lot on the profits that they get out of their trades the truth is that the money that you do not lose in your trades is way more important, this is something that I have notice after some months of trading, your profits are not as important as your losses.

First of all anyone selling at the 20% plus drops would be the unreal person with no sense about the crypto trading at all. The crypto currencies are prone to drop all the time and its no wonder that we will see this happening all the time around the crypto world. All you need to do is just wait and watch the crypto market regain its dominance one more time as it will always do that without any question. Simple sell when it recovers and simply buy when it drops one more time.
Whenever the crypto is dropping you should be in the buy mode literally and when it is pumping then you should be ready for the sells. Keep it that simple.

Everyone have different plans for trading but according to me, I mostly use following strategy for trading
1. When I am interested to buy a coin then first of all i wait for some dump
2. Then I bought it with Very small amount
3. I will collect my profit  If price goes up otherwise if more dump happened I will buy more as I have enough money remaining because I bought with small amount only
4. After buying with much of my funds due to more and more dumps going on , I will change myself to hodl position
5.  I will calculate my average buying price and off course will sell all of them as soon as I will get price above my average buying price
6. Enjoy profit and a look for another trade
This technique always work fine for me and earning a lot
Thanks


Remember : I have always some backup funds for safety if anything happened bad with my investment, it helps to stay in market always

I usually don't. I just sell my holdings before it goes down that way. It is really good to cut your losses before you lose your mind and regret it all at the end.

Hold it if you are do long term trading. For day trading you should be use stop loss after bought any coin, and the stop loss level about 5% to 7% and take profit about 10% to 50%, for situation of crypto market now, doing day trading look more profitable because some altcoin was push from the bottom.

Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time..

No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.

it's a true story when we trading bro. after three months with this job. i lost 50% my capital

Yes, of course, I usually only hold them when dips because I think it's better to wait and analyze the situation than to sell Bitcoin. So I'll save it for the long term because this is the most profitable way to invest in the digital currency market.

To be honest, if i can sell it, i will sell it and buy back. But if i'm late, nothing to do except hold. Of course no one in this world not want to loss in trading activity, and holding not make us loss because not sell our coins yet.

;D Your head will only become dizzy if you want it to, but I really do not see the reason why anyone should set themselves in this kind of condition as long as they understand the long term benefit of what they are holding.

Dips and downtrends are very normal in a market and what makes a lot of people to see it as a problem is because they are busy looking at what they are not getting from the market now and they tend to miss the fact of what they could be getting from the market in the future. For someone who is in that position, setting priorities straight becomes something hard to achieve.

AS of this time,its not only 20% instead more than a hundred percent or even higher depending to what coins we are referring.but i can still manage to keep patience and I don’t need to stomached the dip,instead i am bearing with thiss and lucky i can make some profits even with this kind of market

Once i am already in red and I do not try to do any activity but I will hold patiently waiting for reversal so that i can get out. If i have another fund  I will then buy at dip and sell after one or two points and wait for the price to reach my former entry point or a little below it then I will enter again and hold to sell off after some upwards movements. In trading you need a lot of patient and a little emotions.

No one should even be selling at lower price as anyone doing this obviously has shown the less understanding of the crypto space and how market should always be. Dips and corrections are normal and what we have right now is even a healthy one, so I do not see why people should always be worried about something they should not even be bothered about.

If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.

The SEC has little to do with the effect on crypto. There’s always going to be a so called catalyst, we are in a brand new emerging market. We’re ahead of the big institutional houses and we’re experiencing their UBER effect. Forget ETF’s and other distractions focus on your positions and be patient. Just my 2 cents.

I do my best to keep calm and avoid selling when the price dips.
I stay positive, the trend will reverse for sure. Regret from panic sale is just not worth it.

Normally, stomaching a dip will always depend on your perception to the dip and the nature of the market in the long term and in the short term. Those who put so much of their attention on the short term are always prone to not see the dip as something they should not be bothered about and should indeed be taking advantage of but because they are so much looking at what is it they are not getting shortly from the market, the lose sight of the long term at the end of the day and that indeed is very bad. If you cannot learn how to trade and be ready to do it effectively, then the best simple thing to do as you said is to hold.

This is not something unique to this market, everyone that has become a trader knows that when you are trading you're going to get very nervous about what is happening in the market, it doesn't matter if the result is positive or negative, but as soon as it becomes very clear that the result is negative and it's not going to change traders go through a lot of emotions, that is why the mental aspect of trading is critical to become successful.

Then we need to stop worrying and don't think about the coin because this will give effect to our mind. But I realize that many people still cannot stop worrying about what happened in the market, and they still asked when this will end and when the price can increase again. I guess that they need to be calm down for a while and if it's necessary, then I will suggest to them to leave the market and enjoy their life.

Worrying will cause the bad decision in the trading, and we cannot make any profit at all. Besides that, we cannot think the right decision and only makes another mistake. I don't want to do this and I still trying to calm down myself in bad situations.

I think when an investor wants to buy Altcoins while the market dips, they just want to buy Altcoins at the lowest price but it is hard to predict. Investors can count on the market to recover and can take advantage when the price reverses. Investors are more likely to make a large return on investment using this strategy.

You will get used to it, you just need to spend enough time on the crypto market. It is individual, but beginners checking the
charts like every minute. Later on when you get experienced there is no need for that,  only if you are a day trader  and scalping

If the value decreases by 10%, it can be sold for a lower price to reduce losses. But with a reduction of 20%, this is a low risk and very dangerous if you sell them to buy back. Reduce too much, so think carefully before you want to sell or buy more.

if op sell it, it means he loss. If OP buy more with speculation and don't know what will happen with coin that he bought, he will loss more and more risk to do it. It is true better to hold, or maybe if have more spare money, change other coin to back up it.

Sometimes we would really feel that hardship on having decisions when we saw an possible opportunity to make profits when we do see the price had dip and thinking of that if we buy cheaper coins we can make money if it recovers but the question or doubts will always remain because theres no certain thing that it will definitely recover or die forever.


10-20% on cryptomarket is just normal but for those who just recently invest in would really panic for sure but for long term holders of their coins then they can sustain such pressure.

The dips are pretty normal so handling it with patience and back up strategy is the best thing to do. These are some tips I usually use every time I experience some dip in my coins.

1.) Always set your goal and wouldn't do anything or sell anything unless it's fulfilled.
2.) Do your homework, because sometimes holding it longer will just let your loss go bigger.
3.) If you are confident with the coin you recently traded then don't look at the prince unless you wanted to sell it.
4.) Set your limits in each coin you are currently holding, if the dip was severe it is probably better to sell than let it go out of your boundary.

From the time you created this thread, the cryptocurrency market has dropped more than you expected. It drops more than 50% since December 2017. The market hasn't recover since then and actually it is still on the decline. But, you just need to hold on because these situations will surely pass.

Many newbies in crypto trading might be selling their coins in panic on that kind of price drop but if they are already experienced traders or investors, they would going to hold their coins and wait for another round of price uptrend. Holding is still the best strategy to recover your investments and I've been doing it since I started to invest in cryptocurrencies.

That is why trading is actually very complex, all decision must picked by technical analyze and not only with luck. But trader now think trading is easy thing, they only need to hold their money when stuck in a coin.

Depends on the underlying asset. If it's one of the well capitalized coins/tokens and with huge daily volume, 20% drop in price is no cause for alarm. I have seen -58% myself and simply let it be, because of the more likelihood that it won't stay down for so long.

Its just apart of it really, you avoid the parts of the market that are obvious for correction, then you wait out the bottom if the dagger cuts a bit and cost average on your entry.  I'm definitely not feeling confident with most alts right now.. I think we could fall even 20-30% further even with BTC staying above 6k.. The pain will help you trade better next time, I promise you.

How much is a reasonable amount to start with? Is there such things as a minimum amount or could you possibly start with under a hundred?

I don't stomach all those dip, I just work harder to forget about it and move one. If the price rise later on in 2 to 5 years, I may be able to get my money back and more if not then I guess I'd just take it. ETh has definitely lost my faith, $80k is seriously a big loss for me. Too late because I moved my tokens to a private wallet and not in the exchange it it was in the exchange I would have dumped it easily. Luckily I got my back up plan still and am working on projects right now, I'd just forget the investment and will have to move on.

The last thing you should have to do during the next dip is to sell your BTC and tokens. You will lose everything. Just relax and think over another business. At the same time, hodl the crypto.

This situation in the market is so pitiable and has reduced a lot of traders in incapacitated. I do not buy or sell top and buy bottom because i do not have the money. I am only holding and waiting for the market to moon so that i can get out from my holding position. The best option would have been to buy the bottom and wait to sell when there is a little markup but you must have money which you can afford to lose.

The dips are the most important points in remembering to HODL to your coins because as we have seen many times before these are usually as part of a normal market volatility/correction.

Holding is the right choice but when the coins you are holding lose 60% or more of its value in a matter of weeks and months then we need to admit that it is hard to do, holding is very easy when you are making profits but when your losses are so massive, holding your coins can be one of the most difficult things to do in the world and I understand all of those that have sold their coins even if that was the wrong choice.

Even plan your trade and trade your plan sometimes couldn't make the cut. Literally could not make it to  your cutloss plan when it's really fast trades and also if you got attacked by technical issues or other factors you couldn't control. The only thing that you can do is to really set your expectations really low. Like you're expecting to get out by 10% but double to lower that worse case.

Analysts and visualized the history of crypto
I don't like the idea of selling coins with have loses
Is better to hold and wait the price jumps than to sell it
I still believe long term holds the best time will comes in the right timing

If my assets was on loss, I would sell some and just hodl the rest. My tokens/coins are coming from bounties so I losing some USD value of those could be hard but it's the payment for my service so I consider it "they paying me less" LOL

The crypto prices have been falling very far from the prices at the end of 2017, where many people panicked and sold coins when the prices were low because they weren’t sure the prices would rise again. So if you want to make a profit you have to be sure of your strategy and be patient, believe that the price decrease will pass and rise again in the future (http://renovasi-rumah.net).

It depends on the outlook I have on my trade,  if all I want is to short and get the tiniest margin possible,  I will sell any opportunity.  If I am holding and planning for bigger return,  80% loss will not move me!

All of these dips are the part of the crypto life. If you work with these cryptocurrencies, you have to be ready to lose. Yes, you will earn finally, but the black strips will be met as well.

The problem with holding such tokens for a long time is that the amount of time that an ico remains alive is getting shorter and most of the time you are going to lose money if you hold your coins for so long, so if what you are mostly holding are coins like that then you need to sell them at the first sign that something is wrong with your coins or you risk losing everything.

If you sell at a low price then you will lose the profits tha (http://hafana.com)n what you have planned. But if you buy at a low price maybe you will be able to avoid losses by holding for a longer time. Nothing wrong if you staying at a low price because the price will rise again. Be patient and follow your plan so you will earn a profit.

I agree. If you haven't taken short by now, hold your horses. The predicted reverse already started and there is no point into being desperate now. Truth to be told, I do not know how much did you start with but if you survived price of 3700$, everything will go better from now on. Take the chance it invests or just stay on the side and wait for the price to rise enough for it to make sense again.

I try to sell my savings as soon as their price reaches the top.

Instead of looking at those dips negatively, look at it on a positive way. I remember reading somewhere that if see the price of Bitcoin dropped, buy more, if you the price of Bitcoin dropped some more, then buy more. Look at what happened last Monday and Tuesday, price of BTC dropped 16% but recovers after 48 hours. Think positive and don't panic.

Hodl hodl that's is my strategy it's better to sacrifice my stomach than to sell my coins in a lower value, 20% loses aren't small amount of loses specially the amount of coin are huge.

actually this method is similar to martingel in gambling, when you lose you buy again and again, but you need a lot of capital and
proper money management for this method, and of course your patience should high, then this method might work..

As of the moment, bitcoin is trading @ $4290 and it was far far lower that of march and I could say, Im a hodler. Just don't watch the marketcap everyday when hodl so it's less painful when it dips.


I think it did work and is one of the proven theories now  ;D
And you're right, you just need the right money management and a lot of it.

For me 20% is still fairly small and if the market tends to decline better I choose to sell rather than hold, my decision also depends on the analysis that I made for future market movements. advice if your loss covers more than 35%, it would be better to hold on to whatever the market conditions are, remember crypto fluctuations and hope cryptocurrency will go to the moon.

I lost so much money on this i don't even care

That's true. I mean, there isn't any other you can do during those times but to hold. That way, whatever happens with the market and also with the tokens or coins in your hands, you won't be affected that much because you are in the move of just waiting things out. So, whether it dips, you won't be affected as you are not transacting or anything. What you can do is to only hope that such dip will subside and the coin you have invested in will soon recuperate and rise up in value.

It is very difficult to stay calm when you see how fast your cryptocurrencies go down. However, I can cope with my emotions. Simply think about the time when the market will go up.

If you invested in bitcoin during its all-time high, the present price will really hard to stomach and hodling it seems not acceptable anymore. Until now there is no sign that bitcoin will recover again and many are unsure if bitcoin is capable to another all-time high next year. It might be a long hodl if you wait for another bullrun because of continuing uncerttainty in the cryotocurrency market but if you still believe that the prices will eventually go up again, then keep on hodling.

I always had to get out during the dips. Otherwise I wouldn't. I’ve also never invested too much. The answer will be generally different for everyone.