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Title: How can you manage potential losses during a crash Post by: Kakmakr on February 04, 2018, 07:43:32 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right>
My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: odolvlobo on February 04, 2018, 09:24:03 AM There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it.
Title: Re: How can you manage potential losses during a crash Post by: kevoh on February 04, 2018, 09:29:15 AM A lot can happen in 20 days that will mess up your theoretical strategy! What if a huge negative news comes in and the price drops $1500 or more, and then instead of recovering the following day, it drops $500 more! How does one use your suggestion to counter the loss especially when fear leading to panic selling is stronger than most strategies in a bearish market?
Title: Re: How can you manage potential losses during a crash Post by: nlcars on February 04, 2018, 09:32:39 AM What you do and suggest is the best way to cover up your losses, this is the system how they work in wall street too. They are buying and selling in blocks and do this while the stocks are in accumulation mode each time they rise or fall.
Title: Re: How can you manage potential losses during a crash Post by: Tanaudi04 on February 04, 2018, 09:44:25 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Not good idea though! But this strategy was really a thing to others but it is so risky you know. Why not do this strategy when the altcoins is uptrend. This will give you positive results rather risk of losing money during downtrend. Imagine your Day 1 is 9000 and day 2 is 9450 and so on. The best strategy today is Hold and wait for the green day. Title: Re: How can you manage potential losses during a crash Post by: o_e_l_e_o on February 04, 2018, 09:51:50 AM What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it. Hindsight is 20/20. Anyone can look at what the market did last week and see how to profit from it. These is absolutely zero reassurance the market will continue to behave like you want it to. Title: Re: How can you manage potential losses during a crash Post by: jjacob on February 04, 2018, 09:54:16 AM There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it. Not really. It is an established investment strategy to follow, in a highly volatile market with no real up/down trend. If your view is that the price is going to crash violently, or going to shoot up rapidly, it will not work. But in current volatile markets, this is a good strategy to follow. Most traders use it even in equity markets, while dealing with volatile stocks. Title: Re: How can you manage potential losses during a crash Post by: torch2121 on February 04, 2018, 09:58:50 AM During crash, best is to hold. Just be patient.
Title: Re: How can you manage potential losses during a crash Post by: Gibreil on February 04, 2018, 10:04:20 AM It is good to see the development per day and at first, I saw that in the end you have your profit then when I review again, I noticed that, you are loses again your money but it is minimal. The minimizing in a total loss is a helpful to back your capital again but I think that it is better to hold on your invesment when there is a great loss to the coin you hold. Hold until it came back.
Title: Re: How can you manage potential losses during a crash Post by: CHENIEN on February 04, 2018, 10:34:33 AM Many people are complaining about their capital losses. In bitcoin business, we cannot surely all the time that every investors are gaining, sometimes also comes into possible losses. We can only avoid losses if we are curiously monitored price movement of bitcoin.
Title: Re: How can you manage potential losses during a crash Post by: 0t3p0t on February 04, 2018, 10:42:38 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> This pattern may possibly work if properly used but in my case as long as I don't need my coins, no matter what had happened to the market I will never cut my loss. It is better to wait and hold because chances are either you cannot easily recover that loss or the history of cutting your loss will just repeat itself in the future. I think the best way is to keep our coins and relax then wait it to bounce back or if you still have money to invest then buy more when the price still goes down. It will surely make you more profits than just looking at the market and doing nothing. But we all know that we all have our own or different strategies and methods on how to avoid or recover loss but it always depends on every situation.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: CryptoBry on February 04, 2018, 10:44:50 AM Good idea and I think one can indeed use the strategy to gain back what has been already lost due to the 'crashes' happening with Bitcoin for the past many weeks. The thing here is that not many of those who bought Bitcoin at $18K are actually interested in trading as they are mostly in the "hodlers" category. They will surely find it difficult to be watching Bitcoin everyday every hour waiting for those little surges and dips. I am still hoping though that within this quarter Bitcoin can make some grounds if not exceeding the $15K level.
Title: Re: How can you manage potential losses during a crash Post by: djangocoin on February 04, 2018, 11:34:34 AM Just a hunch, but am guessing most who bought at a ATH are probably not going to be particularly skilled traders, and are almost invariably going to lose even more if they attempt this convoluted and risky strategy (and that's assuming the patterns you pitch even hold true) lol
Title: Re: How can you manage potential losses during a crash Post by: lablab03 on February 04, 2018, 11:49:55 AM During crash, best is to hold. Just be patient. nice answer. Lol honestly hodl is the best strategy and patience in doing trading .cause its not safe if you sell while the price is decreasing it will cost alot, so we need to ride the bear instead of selling 'cause there's no permanent situation, and indeed it will climb again after the bearish. Title: Re: How can you manage potential losses during a crash Post by: Kprawn on February 04, 2018, 11:57:56 AM I like this, but unfortunately the recent price history tells another story. In the last 30 days the price has steadily gone down,
and we only saw 3 or 4 instances where there was a slight correction. Your timing will also have to be spot on, for this to happen. If the price does not correct, then you just created another loss bracket for yourself. http://prntscr.com/i9x3ce Your bots will have to be reliable, if you going to do this.... Day trading is even more complex that most people think. ::) Title: Re: How can you manage potential losses during a crash Post by: Erza on February 04, 2018, 02:49:41 PM I do not think that this startegy is really work, may be if you have enough bankroll to support what you lose from before then it might do. But mostly people do not have this budget to start to invest again. Like for now if you start investing again how much do you think we need to make it back at $18,000 again? From your total loss untill this day?
And if I can suggest, may be let it be for a moment and then it will be start to raise again and you will get back what you loss before Title: Re: How can you manage potential losses during a crash Post by: jseverson on February 04, 2018, 04:05:32 PM I don't know man. I mean, I did see the pattern you observed, but I honestly would not expect the trend to go on for three whole weeks. That's an eternity in Bitcoinland. Three weeks ago, we were at around 13k USD. We've had two or three massive price swings since then, and for the worse at that. I suppose they could just stop at any point, but they could be at a deeper hole than they were initially by then. Trading isn't for everyone.
If someone is upset about their losses and isn't patient enough to wait to at least break even (if that even happens lol), they should just cut their losses and move on. Bitcoin was never a guaranteed money maker, and no strategy will change that. Title: Re: How can you manage potential losses during a crash Post by: mezzaluna on February 04, 2018, 04:58:31 PM Potential losses can be prevented because there are a lot of ways to invest cryptocurrency. We can invest in different kinds of cryptocurrency and hope that not all of those tokens crash. If that happens then all of your investments would go to waste. Some prices of other tokens increases significantly and this is one way to prevent losses. If crashes happen and you really cannot get back the money you have invested, then you can do something productive in order to gain what you have lost.
Title: Re: How can you manage potential losses during a crash Post by: Mometaskers on February 04, 2018, 05:12:39 PM Just a hunch, but am guessing most who bought at a ATH are probably not going to be particularly skilled traders, and are almost invariably going to lose even more if they attempt this convoluted and risky strategy (and that's assuming the patterns you pitch even hold true) lol Those are probably who only heard about bitcoin in the news and decided to take a plunge expecting the price to far exceed $20,000. I can just imagine how they are feeling now at $8000. Worse is if they sell then they've really had a loss. I don't know man. I mean, I did see the pattern you observed, but I honestly would not expect the trend to go on for three whole weeks. That's an eternity in Bitcoinland. Three weeks ago, we were at around 13k USD. We've had two or three massive price swings since then, and for the worse at that. I suppose they could just stop at any point, but they could be at a deeper hole than they were initially by then. Trading isn't for everyone. If someone is upset about their losses and isn't patient enough to wait to at least break even (if that even happens lol), they should just cut their losses and move on. Bitcoin was never a guaranteed money maker, and no strategy will change that. Well, that would depend on how bad they really want the money back. It has already hit $20,000 so there's a POSSIBILITY that it will again, which would be the right time to sell to at least get back the capital. So it's a choice between cutting losses now or PROBABLY making a profit later. Title: Re: How can you manage potential losses during a crash Post by: grimesrhymes on February 04, 2018, 06:23:17 PM A lot of day traders try such a strategy but the danger is always that the market recovers rapidly and then you miss out on that because you've just sold looking to rebuy back at a dip. If the strategy pays off it's great but it's a big risk to take.
Title: Re: How can you manage potential losses during a crash Post by: swissgang on February 04, 2018, 06:44:54 PM It probably will not work when someone tries it, and possible conclusion of such experiment may be more loss :) the best and approved way is hodl
Title: Re: How can you manage potential losses during a crash Post by: marjil on February 04, 2018, 06:54:41 PM A strategy such as this relies on a similar pattern repeating itself indefinitely. However I can assure you that patterns do not continue because, as soon as the market spots them, they try to take advantage and immediately the pattern is broken. It's the very reason why you should not rely on past results/ trends/ graphs etc. for future expectations.
Title: Re: How can you manage potential losses during a crash Post by: ijeb on February 04, 2018, 07:00:35 PM don't expect the trend to go on for three weeks
Title: Re: How can you manage potential losses during a crash Post by: millgates on February 05, 2018, 02:50:54 AM We actually can get advantage during this negative market condition. We can do opportunity sell, my strategy will looks like hoarding too, sell coin to fiat then wait until the peak of the crash then buy coin with all your capital. Then we can get more coin than usual, for contrarian people this condition is not so bad.
Title: Re: How can you manage potential losses during a crash Post by: Beerwizzard on February 05, 2018, 02:59:44 AM Day 21 - $ 0 0$ price seems real only in case of a technical bitcoin crash if everyone will be able to replace the transactions. That seems more like a joke ofc :)My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. For the last days 450$ was about the 5% of the bitcoin. Assuming that far not everyone have the whole bitcoin it is better to mind it in %. Anyway if you have a good amount of coins such Game of Bitcoins with the small potential profit may cost you a pretty big loses. I hope that everyone who is not familiar with trading will not try this strategy. Especially if you are not able to check news in order to change your funds when the new fall will start.Title: Re: How can you manage potential losses during a crash Post by: Fulmand on February 05, 2018, 04:11:17 AM Day 21 - $ 0 0$ price seems real only in case of a technical bitcoin crash if everyone will be able to replace the transactions. That seems more like a joke ofc :)My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. For the last days 450$ was about the 5% of the bitcoin. Assuming that far not everyone have the whole bitcoin it is better to mind it in %. Anyway if you have a good amount of coins such Game of Bitcoins with the small potential profit may cost you a pretty big loses. I hope that everyone who is not familiar with trading will not try this strategy. Especially if you are not able to check news in order to change your funds when the new fall will start.Title: Re: How can you manage potential losses during a crash Post by: Argie021213 on February 05, 2018, 06:03:06 AM To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy.
Title: Re: How can you manage potential losses during a crash Post by: Kakmakr on February 05, 2018, 06:05:52 AM I am a bit of a risk taker, so I tried this strategy. I bought a coin at $16k when the price was going up last year. Then I went on holiday for a few weeks and when I returned, I saw that the price went down considerably. <$10k> So, I had a choice :
1. Hoard and wait for the price to recover to $16k or, 2. Day trade on the small dip & corrections, within a $400 to $500 margin and reduce my potential losses on the $16k. I decided to try option 2. It took some good timing, but I managed to trade my way out of trouble and I managed to make a little profit. <I might have been lucky, but it worked> The current price is floating between $8000 and $9000, so there are some room for profits, if you know what you are doing. Title: Re: How can you manage potential losses during a crash Post by: kier010 on February 05, 2018, 06:16:48 AM good idea but very risky. we see cryptocurrencies dropping its price everyday but any time it would go up so selling will put you to high risk. not everything you plan will work so it is best to hold now or if you want risk you can use the idea.
Title: Re: How can you manage potential losses during a crash Post by: balintong15 on February 05, 2018, 06:21:52 AM if you invest your money in a certain company, there is a risk if it will go higher and bigger or it will be a lose. being invested in the company, there is no assurance that you will gain or lose money. but of course, before investing in a company, you must aware of certain things about it. how can i manage, simple, i will pull out all my money and investments so that i will not be bankrupt. at least half of my investments will return to me.
Title: Re: How can you manage potential losses during a crash Post by: TheGodFather on February 05, 2018, 06:29:02 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D That’s actually a great strategy you have put up and i will try to integrate it to mine as well. FOr me the best way to cur your losses though is to hold and wait and sell some of it only if you are in really dire need of an influx of money to keep you surviving so you can hold out until the crash pass you by. It kight not be best for some but that has worked for me for as long as I can remember Title: Re: How can you manage potential losses during a crash Post by: r1s2g3 on February 05, 2018, 06:31:23 AM I am a bit of a risk taker, so I tried this strategy. I bought a coin at $16k when the price was going up last year. Then I went on holiday for a few weeks and when I returned, I saw that the price went down considerably. <$10k> So, I had a choice : 1. Hoard and wait for the price to recover to $16k or, 2. Day trade on the small dip & corrections, within a $400 to $500 margin and reduce my potential losses on the $16k. I decided to try option 2. It took some good timing, but I managed to trade my way out of trouble and I managed to make a little profit. <I might have been lucky, but it worked> The current price is floating between $8000 and $9000, so there are some room for profits, if you know what you are doing. Actually what you quoted is really the principle of trading , buy more when market selling cheap but currently nobody have no idea how market will go. This method require lot of attention and lot of cash liquidity, suppose you bought it at $8000 then market dipped at $7000. Now be ready to buy one more coin at $7000 too. I think what you are proposing is known as "Averaging down" strategy in trading/investing. If something goes continually down as you cannot predict for bitcoin then this will become worst strategy. This works good when you are certain that dip is just momentary and in long term market will recover. Why worry about losses, just put same in stake that you can afford to lose and do not further strain the money. Title: Re: How can you manage potential losses during a crash Post by: Protected101 on February 05, 2018, 06:42:25 AM To manage our potential losses during crash is do not put all your money in investment atleast a 50% of your money.In trading that is very risky we need to know how to manage it very well especially in terms of crashing down of price.Do not put all your money in investing to avoid bankcruptcy when it goes down.
Title: Re: How can you manage potential losses during a crash Post by: ghost424 on February 05, 2018, 07:34:58 AM Losses are part of the cryptocurrency industry because this are the risk that is included in trading. Price crashes are unpredictable and maybe the only way to prevent this is by carefully analyzing on which tokens you are investing.
Title: Re: How can you manage potential losses during a crash Post by: Don Pedro Dinero on February 05, 2018, 07:44:21 AM There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it. I’m surprised OP’s hasn’t got more merits as he has explained a sure system for becoming a millionaire. He has forgot to say that you can also make a lot of money in a bullish market, as it also has little dips before continuing the upward trend.So, you only need to sell before the little dip comes and rebuy when it's finished and goes up again. It can also be applied in flatline markets, as they also have little ups and downs, so you only need to sell before it starts going down and to buy before it starts going up. Don't forget that this not only can be applied to bitcoin, it can be applied to many other assets, like stocks. ... this might just work. :D Or not. As any crystal-ball strategy. Title: Re: How can you manage potential losses during a crash Post by: nl247 on February 05, 2018, 07:54:31 AM During crash, best is to hold. Just be patient. I really want to understand the angle the OP is bringing this anyway. We are still in a downtrend and until this changes, then we will still keep going through the little up and down which anyone can make use of to make some money in that process. This though is quite risky for someone who cannot read the market to know when a trend is changing and end up selling for a lower price only to discover the value keeps increasing, that would pretty suck for such individual.Title: Re: How can you manage potential losses during a crash Post by: iMark on February 05, 2018, 08:08:37 AM To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy. The important thing is don't cutlose because it will make you lose, finance management is an important thing in investment, when you have a good financial management of course you will not allocate all your money to bitcoin only but on other investments as well and have remaining funds for back up plans and savings, with that even though bitcoin prices go down you still have saving of funds and other investments to cover losses if you do cutlose but my advice is don't do cutlose, because bitcoin prices will definitely recover, you can go to another investment while waiting for bitcoin price to go up and you will not get any loss,Title: Re: How can you manage potential losses during a crash Post by: wuvdoll on February 05, 2018, 08:42:47 AM My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Nothing new in my view because if you are ready to face the risks against day trading then you can do at any time even we have not bought at higher prices and not facing any potential losses too. But honestly, I am not suggesting anyone to go for day trading as it is a highly risky one rather than simply buying and holding enjoy the maximum benefits of bitcoin trading.Moreover, simply holding among any corrections/ crash down will ensure you will be having some share which will be giving you profits when market will be recovering. If you have some extra capital then you can buy at dips to get better buying rates. If you do not have extra capital then you can simply watch market and with respect to bitcoin you will be in safe hands always so bitcoin prices will surpass your buying prices to get you profits for sure. Title: Re: How can you manage potential losses during a crash Post by: Kakmakr on February 06, 2018, 05:39:34 AM Disclaimer : I do not follow this strategy with credit, but rather with disposable savings. I would not recommend this strategy for people who are funding their Bitcoin investment with credit.
It is a very bad idea to fund any investment with credit and any other form of debt. Bitcoin is a very high risk investment and this strategy fall in the same category. DO NOT fund your Bitcoin investment strategy with DEBT! Title: Re: How can you manage potential losses during a crash Post by: davinchi on February 06, 2018, 06:06:23 AM We actually can get advantage during this negative market condition. We can do opportunity sell, my strategy will looks like hoarding too, sell coin to fiat then wait until the peak of the crash then buy coin with all your capital. Then we can get more coin than usual, for contrarian people this condition is not so bad. It is quite a good idea, but you shouldn’t just rush in and buy once you see that the price is low. You have to be careful when doing these kind of things. Let’s say that you bought at the price rate of $18,000 before price got down to $15,000. You shouldn’t see it as an opportunity immediately, cause you don’t even know if it’s going to be down losing some more values. So best is to wait and have patience and see what happens next, cause the one you already bought is enough. If price reaches lowest and starts recovering, then you buy more at cheaper rate before it reaches highest.Title: Re: How can you manage potential losses during a crash Post by: boboking on February 06, 2018, 06:27:17 AM This is mathematically correct but we are not living in a perfect world this strategy is really dangerous and most likely you will still lose money.
If you want to average down do your best to understand the charts and try to average down you can also always short bitcoin if you think that the price will continue to fall down. Title: Re: How can you manage potential losses during a crash Post by: zanezane on February 06, 2018, 06:43:18 AM Disclaimer : I do not follow this strategy with credit, but rather with disposable savings. I would not recommend this strategy for people who are funding their Bitcoin investment with credit. It is a very bad idea to fund any investment with credit and any other form of debt. Bitcoin is a very high risk investment and this strategy fall in the same category. DO NOT fund your Bitcoin investment strategy with DEBT! We can't actually blame the people who'll loan to others just to invest in bitcoin now because the price tho is really tempting to buy and I guess no one wants to be left out before it goes to the moon again. However, when we loan some money make sure you'll return it in time and of course don't make it a habit, Title: Re: How can you manage potential losses during a crash Post by: w33man on February 06, 2018, 07:57:52 AM Well, in every failure that I made, I'd rather choose to start all over again than stop and accept the fact that I've failed. It is better to try again because it is just one opportunity that have been lost, and there are millions of opportunities out there that is waiting for all of us. So, I prefer to stand up and keep on trying until I succeed.
Title: Re: How can you manage potential losses during a crash Post by: leea-1334 on February 06, 2018, 08:01:13 AM I do not really have the solid numbers but I feel it is not a good strategy in the long run,,, especially since I use the charts of a couple of coins I look at. Imagine if you did this at the start of the "crash", you would have kept buying coins as they got lower, and by now ran out of funds as the prices kept going lower. Of course, if they all rise again, then you suddenly become a genius for making more with each rise. But the real genius would have been the one who used stop losses, and bought in at the very bottom.
Stop losses are the only way to limit and manage losses. Title: Re: How can you manage potential losses during a crash Post by: gabmen on February 06, 2018, 08:17:10 AM This is mathematically correct but we are not living in a perfect world this strategy is really dangerous and most likely you will still lose money. If you want to average down do your best to understand the charts and try to average down you can also always short bitcoin if you think that the price will continue to fall down. Well it may work a little if you have the whole day and all.of your time watching the market waiting for those mini ups and down but in general, yeah its still better to keep steady. It may take a but longer but eventually you'll still catch up with your losses once btc starts moving positively Title: Re: How can you manage potential losses during a crash Post by: nightfury on February 06, 2018, 08:32:34 AM While already losing because of a crash, hodling is my only option for whatever cryptocurrencies i have in my portfolio. I know that their prices are affected due to bitcoin's crash but i can still wait until bitcoin come back again.
Title: Re: How can you manage potential losses during a crash Post by: metenjean on February 06, 2018, 08:46:08 AM I think this was a good suggestion, rather than doing nothing and wait until price return to ordinary buying price. Its one of a plan to cut your losses short, i do basically cut my loss when price dropped below $10k mark, some people tend to did partial cut losses like this strategy, but i tend to cut all in a single order rather than doing that because its hard to do partial order and you should glue yourselves all day in front of the computer in order to do this kind of strategy ;D
Title: Re: How can you manage potential losses during a crash Post by: budakjawa on February 06, 2018, 09:20:54 AM there is nothing we can do that we can do can only wait until the price back to normal and be patient not to be easily provoked emotion or affected with others. patience is the key.
Title: Re: How can you manage potential losses during a crash Post by: fabiorem on February 06, 2018, 10:32:58 AM OP had just explained how bear markets work.
Any doubt we are in a bear market? Title: Re: How can you manage potential losses during a crash Post by: pogiparin on February 06, 2018, 11:43:09 AM My suggestion for this one is to liquidate your assets as soon as possible. If the decline is consistent then do not expect that the prices will go up. This will minimize your losses but for real estate assets the trend could be different. After a flood or a disaster, the prices will definitely go down but give it 3 to 5 years max and your losses would lessen.
Title: Re: How can you manage potential losses during a crash Post by: di.ako.toh on February 06, 2018, 12:16:35 PM I think you can feel it if you think that crypto is starting to crash. Through being updated and awareness , you could prevent your financial losses anytime. Kust be knowledgeable enough, and do some points of alertness in the crypto market
Title: Re: How can you manage potential losses during a crash Post by: yamortsac on February 06, 2018, 01:47:44 PM If you know you will incur a loss if you sell your coins during crash then it is better to hold it and wait till the price go up to avoid such losses. While you still holding your coins even the price value is low, you still have no loss because it is still yours and has the possibility to increase again to gain profit.
Title: Re: How can you manage potential losses during a crash Post by: rickadone on February 06, 2018, 06:08:47 PM A lot can happen in 20 days that will mess up your theoretical strategy! What if a huge negative news comes in and the price drops $1500 or more, and then instead of recovering the following day, it drops $500 more! How does one use your suggestion to counter the loss especially when fear leading to panic selling is stronger than most strategies in a bearish market? A lot can even happen within 1 minute when there is a huge dump or panic sell based on some expectation in the market. Sure, he may have dropped it as a suggestion, but in this market, it seems like something that is highly risky to do. For anyone who is unfortunate enough not to have detected the bearish trend long ago and sell to be able to buy back when a bullish trend is about to start, then there is really no need for them to bother themselves selling anymore. They should just hold even if they are going to end up getting the best of their investment in 2 years.Title: Re: How can you manage potential losses during a crash Post by: audrey12 on February 06, 2018, 06:15:52 PM No one can predict if the next day is another dump or pump so eliminating potential losses is quite difficult to handle, again we are not professional speculators and what we only have is the instinct of whether selling now is a good profit compare tomorrow. Actually investment in cryptos is a matter of our personal beliefs and setting of our own limits if we think the profit is good enough, we sell, if its not, we hold.
Title: Re: How can you manage potential losses during a crash Post by: Edraket31 on February 06, 2018, 06:29:43 PM No one can predict if the next day is another dump or pump so eliminating potential losses is quite difficult to handle, again we are not professional speculators and what we only have is the instinct of whether selling now is a good profit compare tomorrow. Actually investment in cryptos is a matter of our personal beliefs and setting of our own limits if we think the profit is good enough, we sell, if its not, we hold. It really hurts a lot whenever you are seeing the price slowly going down it is just like someone special to us broke our heart, but it doesn't matter as we all know that hurts will eventually heal when our heart is fully recovered by recovering the price. So, it is just a normal feeling guys, we don't need to take it seriously just hold and be positive.Title: Re: How can you manage potential losses during a crash Post by: dmamigo on February 06, 2018, 07:30:53 PM If you know you will incur a loss if you sell your coins during crash then it is better to hold it and wait till the price go up to avoid such losses. While you still holding your coins even the price value is low, you still have no loss because it is still yours and has the possibility to increase again to gain profit. Exactly, in crypto market, you have the option to sell or hold during crash. But again its totally upon the investor. So if a investor doesn't wants to take more risk he/she shall sell off few to whole of his holdings to reduce more loss if the crash continues as of now as its happening. Best would be to hold, but playing safe to sell off 30-50% and holding the rest can be beneficial and can turn out to be profitable. Title: Re: How can you manage potential losses during a crash Post by: Barbarian on February 06, 2018, 09:24:15 PM A lot can happen in 20 days that will mess up your theoretical strategy! What if a huge negative news comes in and the price drops $1500 or more, and then instead of recovering the following day, it drops $500 more! How does one use your suggestion to counter the loss especially when fear leading to panic selling is stronger than most strategies in a bearish market? What the op is suggesting is nothing more than to trade to get our losses back but for that you need to be a talented trader something that is not easy to achieve especially when the market is so difficult that is why holding is the less risky strategy, and the one that gives better returns to those that are no good at trading.Title: Re: How can you manage potential losses during a crash Post by: Cootie on February 06, 2018, 09:39:05 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> Yes. This might actually work, if the pattern stays like that for a period of time. But we all know that cryptocurrencies are impulsive, they change from every single time passed. There is no pattern to follow in the changes that occurring. It is totally random even though I read that some people were trying to manipulate the price, if that's true, still they cannot change it the whole time these cryptos are existing. Maybe they affect the cryptos now, but tomorrow, it will be a different situation. The point is even though some people tries to influence the whole cryptocurrency world, the chance of success is low because they are like fighting the future. Another point is even we have references for theorizing some stuffs, still we don't know what will happen next. So you can't just simply rely on strategy like this, you must have series of them to be able to cope up with some possible scenarios. My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definitely(edited) not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: Clement Kaliyar on February 06, 2018, 11:35:10 PM While already losing because of a crash, hodling is my only option for whatever cryptocurrencies i have in my portfolio. I know that their prices are affected due to bitcoin's crash but i can still wait until bitcoin come back again. Holding your coins is always a good option ,but make sure you average your loss my buying the coins at dips ,so that you will be having a bigger profit rather than holding the coins and selling at a mere profit,the strategy outlined by OP is a good one,but i does have its risk,but prices are swinging in both ways on a daily basis,if you can monitor the market carefully you can make profit in any market condition.Title: Re: How can you manage potential losses during a crash Post by: kalawang on February 06, 2018, 11:41:20 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> To be honest for me holding is the best key so you wouldnt feel this losses try to dont panic every time crypto decreasing or try to sleep and dont see your blockfolio lol i think it will helps you a lot for our safety.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: Pleione527 on February 06, 2018, 11:55:15 PM There is no way to manage potential losses rather than holding and waiting till the price is reasonable enough again. At this moment the value of all cryptos fall and making panic selling will surely incurred holders too much loss. We all need to be patience and keep trusting the market. It is believe that recovery will take over soon and this crisis will end.
Title: Re: How can you manage potential losses during a crash Post by: francedeni on February 06, 2018, 11:59:19 PM Everytime we always check the price we tend to sell all and forget everything. But, the total lose really are huge that it's hurt our pocket. So, I manage to hold, think all will be well and price will jump high again.
Title: Re: How can you manage potential losses during a crash Post by: JCSHALOM on February 07, 2018, 12:10:55 AM Businesses face many risks, anf one of those is losses, therefore proper management should be a central part of any business' strategy . Management helps you to identify and address the risks facing your business and in doing so increase the likelihood of successfully achieving your businesses objectives.
Losses management process involves: methodically identifying the losses in your business assessing the likelihood of an event occurring understanding how to respond to these events putting systems in place to deal with the consequences monitoring the effectiveness of your losses management approaches and controls As a result, the process of management: improves decision-making, planning and prioritisation helps you allocate capital and resources more efficiently allows you to anticipate what may go wrong, minimising the amount of firefighting you have to do or, in a worst-case scenario, preventing a disaster or serious financial loss significantly improves the probability that you will deliver your business plan on time and to budget management becomes even more important if your business decides to try something new, for example launch a new product or enter new markets. Competitors following you into these markets, or breakthroughs in technology which make your product redundant, are two risks you may want to consider in cases such as these. Title: Re: How can you manage potential losses during a crash Post by: gambitcoin53 on February 07, 2018, 02:00:19 AM i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though.
Title: Re: How can you manage potential losses during a crash Post by: alyssaxx on February 07, 2018, 03:08:38 AM In every investment not all the time we can gain profits there's also losses, with this losses we can learn from it. That's why we should invest from our extra money not from our emergency fund.
If we loose don't give up, we should study again again so that we will not face losses again in the future. Title: Re: How can you manage potential losses during a crash Post by: Kakmakr on February 07, 2018, 06:38:16 AM i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though. Nope, I disagree. There is a definite pattern lately. It will go down aggressively to a new low and then a correction phase starts within a margin of about $1000 from the previous low. If you have perfect timing, you can buy on the dip and make a daily profit of $1000 per coin on the correction phase. In my opinion someone is definitely manipulating the price crash and they are making money doing this. The aggressive dip is a scare tactic to force down the price. <This increase their profits on the upswing> Title: Re: How can you manage potential losses during a crash Post by: odolvlobo on February 07, 2018, 06:51:37 AM i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though. Nope, I disagree. There is a definite pattern lately. It will go down aggressively to a new low and then a correction phase starts within a margin of about $1000 from the previous low. If you have perfect timing, you can buy on the dip and make a daily profit of $1000 per coin on the correction phase. In my opinion someone is definitely manipulating the price crash and they are making money doing this. The aggressive dip is a scare tactic to force down the price. <This increase their profits on the upswing> Do you have any evidence of manipulation, other than the patterns you claim to see (which isn't really evidence)? Title: Re: How can you manage potential losses during a crash Post by: swscowods on February 07, 2018, 07:21:16 AM We actually can get advantage during this negative market condition. We can do opportunity sell, my strategy will looks like hoarding too, sell coin to fiat then wait until the peak of the crash then buy coin with all your capital. Then we can get more coin than usual, for contrarian people this condition is not so bad. At the time of crash, the first and foremost thing which you need to do is that you have to keep your nerves under your control. After that, you need to wait of the right time to invest more money into it by buying more number of crypto coins but you need to buy the coins only when the market is at its lowest possible value. You need to do the chart analysis very much carefully so that you can predict the things well and then decide accordingly.Title: Re: How can you manage potential losses during a crash Post by: Kakmakr on February 07, 2018, 01:33:09 PM i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though. Nope, I disagree. There is a definite pattern lately. It will go down aggressively to a new low and then a correction phase starts within a margin of about $1000 from the previous low. If you have perfect timing, you can buy on the dip and make a daily profit of $1000 per coin on the correction phase. In my opinion someone is definitely manipulating the price crash and they are making money doing this. The aggressive dip is a scare tactic to force down the price. <This increase their profits on the upswing> Do you have any evidence of manipulation, other than the patterns you claim to see (which isn't really evidence)? Never said it is a fact, my sentence started with ..." In my opinion.." I am making an observation on what I see and once this becomes a pattern, I comment on that. Everyone has a right to their opinion. <right or wrong> Based on my observation, some people could have regained some of their losses <+/- $2000> if they bought back at $6k+ <This is once again, just a calculated risk and this could have gone the other way around> Sometimes you just have a gut feeling, when something smells funny. Weak hands Sell, Strong hands buy/Hodl. ^smile^ Title: Re: How can you manage potential losses during a crash Post by: gorodi on February 08, 2018, 02:55:38 AM To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy. It is also very important to realize how much money you can invest not to feel you are crashed if the market fall happens. Never use over 30-35% of all your funds for trading and investments, and the loss will be minimal. Title: Re: How can you manage potential losses during a crash Post by: mx667 on February 08, 2018, 05:19:01 AM To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy. It is also very important to realize how much money you can invest not to feel you are crashed if the market fall happens. Never use over 30-35% of all your funds for trading and investments, and the loss will be minimal. I do not do such thing, because all I do is investing in a long term so I do not really worry about this current price change. Actually there is no way to save profit in time like this. If you keep it from a higher price, you will lose. But if you buy and then the price of Bitcoin down, then you also lose. You have to remember this one thing: if you sell when you can not profit or lose, then you will lose and will not profit from the loss. But if you have not sold it yet, and in the time of this price drop you keep it and keep investing, you'll probably get a profit if the Bitcoin price goes up. You must know what I mean. Just have a faith that the price of Bitcoin will recover and going up above this decreasing.Title: Re: How can you manage potential losses during a crash Post by: naidray on February 08, 2018, 08:18:13 AM Good idea and I think one can indeed use the strategy to gain back what has been already lost due to the 'crashes' happening with Bitcoin for the past many weeks. The thing here is that not many of those who bought Bitcoin at $18K are actually interested in trading as they are mostly in the "hodlers" category. They will surely find it difficult to be watching Bitcoin everyday every hour waiting for those little surges and dips. I am still hoping though that within this quarter Bitcoin can make some grounds if not exceeding the $15K level. Simple! This is more like even trying to day trade anyway and there is no way for a decentralized market such as this, at a point, emotion will not step in for such individual.For someone who is not a learned trader, which obviously may not do something like this anyway, a non-learned trader will end up fumbling up badly eventually, as this is more like trading without any serious strategy or understanding how the chart and indicator works, and only relying that every day, there will always be a margin of $500. What if it does not ? Title: Re: How can you manage potential losses during a crash Post by: jakelyson on February 08, 2018, 08:25:16 AM This somehow what I am doing in the past 3 weeks with my investments but instead of doing it daily, I am dumping during the weekend when the price is at its peak, and pumping during the weekdays, mostly wednesday or thursday when the price is at its lowest.
But, this week, I think it will not work since the price starts to pump up on a weekday. Got to adjust my schedule again. Title: Re: How can you manage potential losses during a crash Post by: Polipog on February 08, 2018, 08:46:58 AM In my own idea, if I'm not sure in price movement, I will better stay quietly, and post for a while and stopped investing to avoid losses of capital. In that way, we can surely evade and escape potential losses. In bitcoin business, we better used our mind widely and accept the reality of what so ever happening in the future. If we are a business minded, we can easily adopt and understand a practical situation.
Title: Re: How can you manage potential losses during a crash Post by: NicG13 on February 08, 2018, 08:50:24 AM We all like to have a system or a silver bullet that delivers results but these markets are a lot more complicated than that. In theory, it's easy. You buy the dip and sell the bounce. But in practice, your ability to get these rights amidst tremendous tumult and complexity is close to zero and you can get it wrong very, very easily. Best to pick a low, pick solid projects and wait, adopt a longer time frame view to things.
Title: Re: How can you manage potential losses during a crash Post by: Sled on February 08, 2018, 10:13:21 AM I managed to not be so bothered of the crash by doing other things that i want or i really love to do and that is how i am making my attention to go to the other things and not focus in the market. I also like to go out of town and go to different beautiful places that i can enjoy and have some fun and also relax so i will not become so stressed and i am already used to this cycle because this is my way to manage my feeling about my potential losses in a crash.
Title: Re: How can you manage potential losses during a crash Post by: Sendah on February 08, 2018, 10:39:47 AM To manage potential loses during a crash is to have a variety of investments so that you don't need to put all your eggs in one basket. A good financial strategy on how to diversify your earnings could eliminate the chance of total bankruptcy. It is also very important to realize how much money you can invest not to feel you are crashed if the market fall happens. Never use over 30-35% of all your funds for trading and investments, and the loss will be minimal. Yeah that's what im always remember that not all my money is need put in trading because there is always a possibility to lose it, i just put the money that i can afford to lose. Title: Re: How can you manage potential losses during a crash Post by: tuanvie on February 08, 2018, 10:47:36 AM It’s actually looks like a good pattern but somehow i find it risky. I mean, i’m not sure if i can manage to do it properly lol. It’s really hard to avoid losses in this current situation.
Title: Re: How can you manage potential losses during a crash Post by: portotoi on February 08, 2018, 01:20:06 PM In this business we must accept that we can experience potential losses. And your idea of pattern is a good thing to do but yet too risky because crypto currency value is so volatile. If I will lost during a crash, then i will let it happen and wait for another opportunity. But in order to avoid losses, I will not sell in a very low price my coin and just hold on for the price to up high.
Title: Re: How can you manage potential losses during a crash Post by: cherrymobile on February 08, 2018, 01:29:15 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> By being positive in different cases.There are lots of time happens to bitcoin that it may loses or drop down. But alway think that it is normal. Dont loose hope and be more patience waitinvg for the right time.to increase.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: korchenkov on February 08, 2018, 02:26:50 PM Someone used API for Poloniex for example? PHP, Pyton or Node.js. It can manage potential losses during a crash automaticaly.
Title: Re: How can you manage potential losses during a crash Post by: manismanja on February 08, 2018, 02:33:51 PM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss.
Title: Re: How can you manage potential losses during a crash Post by: Bezobraznike on February 08, 2018, 02:46:57 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D This is not managing potential losses, this is risking to make some money casue you want to cover your losses. In 3 weeks you can lose everything you have, like a gambler who say just one more spin and I will win back everything I lost. Your strategy can work, or not, I can not judge that. I am saying that risking is not always a smart move. During a crash you can wait to pass, or to get out, wait to touch bottom and buy again. Depends do you wish to save money, or to have more Bitcoins. Title: Re: How can you manage potential losses during a crash Post by: vincentallstar on February 08, 2018, 03:03:27 PM A pretty bold idea but it could work if you have that much money to invest with and you have a strong emotional capability to handle rumors or news about the coin you invested with. What if let's say for example that the price of a specific coin decrease by 500$, then you invested again your money, and after a few hours or days, it started falling again? You can't keep investing in something unsure unless you are really confident about it and also if you are in a tight budget, you can't prioritize investing to this without gaining some returns first.
Title: Re: How can you manage potential losses during a crash Post by: BlackBoxRecords on February 08, 2018, 03:06:37 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Oh, well, nice idea but terribly wrong. Basically you are saying that you can buy at mini-dips, the problem is obviously that you don't know when a dip has finished. If you want to avoid losses just sell when it has doubled your buying price instead of staying there hodling like an ass. Title: Re: How can you manage potential losses during a crash Post by: Kim Ji Won on February 08, 2018, 03:47:51 PM A pretty bold idea but it could work have that much money to invest with and you have a strong emotional capability to handle rumors or news about the coin you invested with. What if let's say for example that the price of a specific coin decrease by 500$, then you invested again your money, and after a few hours or days, it started falling again? You can't keep investing in something unsure unless you are really confident about it and also if you are in a tight budget, you can't prioritize investing to this without gaining som returns first. Also, this technique requires you to be very active in monitoring the price movement of the coin you invested on. So, unless you can meet these requirements, you should think twice before doing the same thing.Nonetheless, it is a great strategy and this could work on Bitcoin and Ethereum where you can be sure that its price will recover despite the dips that it is having. Title: Re: How can you manage potential losses during a crash Post by: speem28 on February 08, 2018, 03:53:08 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Oh, well, nice idea but terribly wrong. Basically you are saying that you can buy at mini-dips, the problem is obviously that you don't know when a dip has finished. If you want to avoid losses just sell when it has doubled your buying price instead of staying there hodling like an ass. Also, waiting for your coin to double its price before selling like you said, is also the same as holding. You just don't seem to contemplate the difference about what you are saying. Title: Re: How can you manage potential losses during a crash Post by: boonsterx on February 08, 2018, 04:08:01 PM For coins with potential losses, the easier way is to hold on to them and calm them down.
I think in order not to lose your cool during a crash and panic sell your tokens, we should not loan any money to buy any coins in the first place. By playing with the money that belongs to us and not loaned through mortgage of our homes, we will not panic sell and will be able to handle any potential losses. And in terms of buying, nothing beats buying when everyone is panicking. Title: Re: How can you manage potential losses during a crash Post by: amaydel on February 08, 2018, 04:27:06 PM I think the best way of managing losses during crash/correction is not selling at all. I am not really good in numbers but HODLing is what i really have in my mind in situations like that.
Title: Re: How can you manage potential losses during a crash Post by: trickyriky on February 08, 2018, 04:50:12 PM I see you have done the greatest research, and probably you know how to manage your loss during the crash. For me the best things when the market falls are not to let myself selling the coins and keep them.
Title: Re: How can you manage potential losses during a crash Post by: nelmari on February 08, 2018, 04:54:50 PM I think there is a huge potential in this kind of strategy but not a lot of people can follow this trail because a lot could happen in just a couple of days. But I think this is really a great way too to cover up your losses. And most people would always want the easier way, I'd be a hypocrite not to admit that because I was like that before and the reason why I changed to long term investments instead.
Title: Re: How can you manage potential losses during a crash Post by: Vladv26 on February 08, 2018, 05:00:18 PM You cant know what is going to happen during this 3 weeks that you say it is possible to recover any loses. Lets say you buy when the price is 8500$ and you sell them at 9000$. What if the price continues to go up and it goes up to 18.000$(your example of first price they bought bitcoin)? They remain with those 9000$ in the wallet when they could simply wait and recover all the loses in a few months. You strategy is not bad because I have seen that what you are saying is true and the price goes down with 500$ then it goes up again with 500$. But you got to be smart and know when to stop because as I said the price could go up and dont stop and you remain with your Fiat.
Title: Re: How can you manage potential losses during a crash Post by: tech72 on February 08, 2018, 05:01:57 PM I am pretty lazy, so what I do is during crash I sell altcoins and hold Bitcoin, and whenever I see that Bitcoin might rise I again but altcoins at low and hold my most bitcoin.
Title: Re: How can you manage potential losses during a crash Post by: Improperstammer on February 08, 2018, 05:55:04 PM the best way to manage loss is to have a cut loss / sell plan before a crash actually happens. Selling immediately to manage capital is way better than holding and watching your portfolio go bloody.
Title: Re: How can you manage potential losses during a crash Post by: JL421 on February 08, 2018, 06:47:13 PM I don't do anything whenever there is a fall in price I am holding my bitcoin for more than 6 months now in my wallet I have seen the price change a lot in these months but I kept patience and was always trying to control myself on not to make a stupid move till now it is working for me
Title: Re: How can you manage potential losses during a crash Post by: AjithBtc on February 08, 2018, 09:10:18 PM I don't do anything whenever there is a fall in price I am holding my bitcoin for more than 6 months now in my wallet I have seen the price change a lot in these months but I kept patience and was always trying to control myself on not to make a stupid move till now it is working for me What's been mentioned is the best any of the user could follow to make sure that they won't meet losses. Here exceptional users will be there, who doesn't have the mind to sell. But, due to emergency necessity sells even at the drop. Having patience and just enjoy having the bitcoins in the wallet is the best to overcome losses.Title: Re: How can you manage potential losses during a crash Post by: el kaka22 on February 09, 2018, 06:21:08 AM There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it. Not really. It is an established investment strategy to follow, in a highly volatile market with no real up/down trend. If your view is that the price is going to crash violently, or going to shoot up rapidly, it will not work. But in current volatile markets, this is a good strategy to follow. Most traders use it even in equity markets, while dealing with volatile stocks.What you do and suggest is the best way to cover up your losses, this is the system how they work in wall street too. They are buying and selling in blocks and do this while the stocks are in accumulation mode each time they rise or fall. This is not wall street bro! This is crypto market, a non-controlled market, so I would not want to bring in the ideology of wall street which is why it is crazy sometimes how even indicators end up giving you the wrong signals, just because everything is centered on huge speculation with a lot of FUD. Even if one is to try this strategy, it is better to be extremely careful doing it while understanding the huge risk involved.Title: Re: How can you manage potential losses during a crash Post by: Kakmakr on February 09, 2018, 06:45:35 AM A lot of people seem to think that it is a better strategy to just wait for the price to reach your buying price and then to sell. I am not the kind of person that watch the grass grow. I am a risk taker and Bitcoin is a high risk investment. I also want to take control of a situation, so I like to manage the risk. <if possible>
In any given day, the price of bitcoins goes up and down and I want to jump on that opportunity to chip away at the gap between my potential loss I could have made or the reduction of that loss that I manage with day trading. In any event, it is still a waiting game. <You either wait for the $19k or for the little increase from the price you have bought, when you day trade> Title: Re: How can you manage potential losses during a crash Post by: prtty2gal2 on February 09, 2018, 07:46:26 AM Disclaimer : I do not follow this strategy with credit, but rather with disposable savings. I would not recommend this strategy for people who are funding their Bitcoin investment with credit. It is a very bad idea to fund any investment with credit and any other form of debt. Bitcoin is a very high risk investment and this strategy fall in the same category. DO NOT fund your Bitcoin investment strategy with DEBT! We can't actually blame the people who'll loan to others just to invest in bitcoin now because the price tho is really tempting to buy and I guess no one wants to be left out before it goes to the moon again. However, when we loan some money make sure you'll return it in time and of course don't make it a habit, Title: Re: How can you manage potential losses during a crash Post by: Shanmatthew on February 11, 2018, 09:47:17 AM The best way to manage losses is to find and discover the reason why it happen, and overcome it or better, don't let it happen again by thinking of other way for the betterment of your profits.
Title: Re: How can you manage potential losses during a crash Post by: Sled on February 11, 2018, 11:14:44 AM The best way to manage losses is to find and discover the reason why it happen, and overcome it or better, don't let it happen again by thinking of other way for the betterment of your profits. If you made a mistake in trading or buying coins then it is best like you said to discover the reason why that thing happen and that is how you are going to realize your mistakes and don't let your mistakes feel you down because be positive that you made a mistake because that means that you are trying and the best thing to do is make it as a basis for your next trading decisions.Title: Re: How can you manage potential losses during a crash Post by: Mariela on February 11, 2018, 12:06:59 PM Crashing of value in our industry is normal.
Better to do is to hold it for a while. Due to luck of information and knowledge some investors are losing their money because they don't know what to do and unthinking behavior or cause feel panic. Title: Re: How can you manage potential losses during a crash Post by: Similificator on February 11, 2018, 12:18:55 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D You know what man, I really do appreciate your efforts on researching and any other necessary things just to be able to share this idea of yours(strategy) to all of your co-members here in this forum. But the thing is that in my honest opinion, I think that posting this is actually doing more harm than good to our fellow members that are still new to the crypto world. The reason as to why is because obviously, crypto prices are not as easy to predict as what you are saying since it has proven itself already to be very volatile specially bitcoin. Now if some newbie who lost a lot already sees this and believes on this strategy, that newbie might even lose more than what he has already lost already. So my advice is that holding for the mean time is still the best choice for now. specially for newbies. just sayin' Title: Re: How can you manage potential losses during a crash Post by: stomachgrowls on February 11, 2018, 12:25:44 PM The best way to manage losses is to find and discover the reason why it happen, and overcome it or better, don't let it happen again by thinking of other way for the betterment of your profits. This is how we do should treat our mistakes which we should learn from them instead of being discourage to continue because this would be always a stepping stone to success because all people who do start from the beginning do really normally commit this mistakes and for those who accept and improve theirselves would really sustain for long term.The best way to manage losses is to find and discover the reason why it happen, and overcome it or better, don't let it happen again by thinking of other way for the betterment of your profits. If you made a mistake in trading or buying coins then it is best like you said to discover the reason why that thing happen and that is how you are going to realize your mistakes and don't let your mistakes feel you down because be positive that you made a mistake because that means that you are trying and the best thing to do is make it as a basis for your next trading decisions.Title: Re: How can you manage potential losses during a crash Post by: yohaneshs on February 11, 2018, 12:41:11 PM When you're working as a trader in crypto or forex then you should know a business plan. For me, all trader can choosing as a day trader or a long term trader.
If you have choosen as a day trader so always put maker or stop loss in every opened position. Else if you choose long term so you should read and analyze chart in the last week and last month. What's trend now and supply demand or support resistance in market before choosing target price and dont forget to read news in big country. For me as a long term trader looking at chart in the past year until the first month of this year is too risky to put order because trend is too high so just waiting for the price down and open position in support area. Title: Re: How can you manage potential losses during a crash Post by: matanglawin on February 11, 2018, 12:48:25 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> You can simply manage the potential loss by holding and avoiding to sell. And in order to earn huge profit in the future, invest now since its market value is still low which is an opportunity that will yield to assured profit in the future. Fluctuations are innevitable since Bitcoin along with other cryptos are given to be volatile. As such, holding is the best thing to do whenever its market value is falling.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: Erza on February 12, 2018, 03:06:25 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D You know what man, I really do appreciate your efforts on researching and any other necessary things just to be able to share this idea of yours(strategy) to all of your co-members here in this forum. But the thing is that in my honest opinion, I think that posting this is actually doing more harm than good to our fellow members that are still new to the crypto world. The reason as to why is because obviously, crypto prices are not as easy to predict as what you are saying since it has proven itself already to be very volatile specially bitcoin. Now if some newbie who lost a lot already sees this and believes on this strategy, that newbie might even lose more than what he has already lost already. So my advice is that holding for the mean time is still the best choice for now. specially for newbies. just sayin' This strategy is not fully false because there is still people doing this because they are an expert and active traders mean while like you said if newbie doing this of course they will turn out to lose more than just his coin. That is why this is not recommended for any newbie who start trading But I can say this strategy is really work because in crypto world, there is too much volatile which is we can get our profit back in no time. And if you do not want to sell it back then you should do some more deposit equal to what your loss and do trading as well and you will get on both profit Title: Re: How can you manage potential losses during a crash Post by: Slant on February 12, 2018, 06:35:45 PM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss. This is really good because buying at low is best thing we do for our future, bitcoin will increase someday with price but people who lose the patience and sell at low price do bad for themselves, price is sure to increase so if you will sell at time of dump it is almost all lose, I use to hold and wait for the right time I use investment not the trading so the chance of lose is very low in my case trading does not charge high profit to the investors so investing and waiting is best option.Title: Re: How can you manage potential losses during a crash Post by: ralle14 on February 12, 2018, 08:51:20 PM I see you have done the greatest research, and probably you know how to manage your loss during the crash. For me the best things when the market falls are not to let myself selling the coins and keep them. It's not the greatest research almost everyone knows what to do at times like this and that is to hold which you also mentioned. No one wants to sell their investment when the price is low except for those who doesn't have any experience with bitcoin's volatility are the ones who would probably give in and sell immediately.This strategy is not fully false because there is still people doing this because they are an expert and active traders mean while like you said if newbie doing this of course they will turn out to lose more than just his coin. That is why this is not recommended for any newbie who start trading The strategy of OP is not easy to pull off because the price of bitcoin doesn't easily recover by $500 or crash by $500 every day. Imo it could work but not all the time.But I can say this strategy is really work because in crypto world, there is too much volatile which is we can get our profit back in no time. And if you do not want to sell it back then you should do some more deposit equal to what your loss and do trading as well and you will get on both profit Title: Re: How can you manage potential losses during a crash Post by: julzcoinbit on February 12, 2018, 10:21:16 PM All I can say about this strategy as what the majority says that it just only effective for those old in crypto trade or let we say expert trader. For those newly about trading are really make confused by itself if they used this strategy, so as a newbie I also don't quietly agree of this strategy perhaps I don't have experienced enough to make myself understand in that matter.
Title: Re: How can you manage potential losses during a crash Post by: pokeronlinestatus on February 13, 2018, 11:09:07 AM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss. The only possible way of managing the potential loss during crash is to keep trying your luck in the future too. The market value keeps on changing most of the times and that you actually need to target the market at the right time and before doing that, you also need to have some plan in your mind. Get into the market at time when the market value is falling down and then stay over there till the time its value rises high.Title: Re: How can you manage potential losses during a crash Post by: OrangeSeller on February 13, 2018, 01:06:58 PM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss. Putting the whole money in one investment is not a suitable idea. Before practically starting some investments, there must be an analysis of the market, the trust factor and much more credentials for the coin or source that you are going to invest into. Only then the decision should be taken with deep concern. Losses are not strange, just follow up them with good rehabilitative skill.Title: Re: How can you manage potential losses during a crash Post by: JoshMart on February 13, 2018, 01:56:27 PM What I do during crash is I buy more coins as much as possible. I treat it as a sale dates, but more coins for a lesser value, HOLD and wait for its value to go up again, so once you sell, you already have a greater profit. Key is be patient and don't let FUD get into you.
Title: Re: How can you manage potential losses during a crash Post by: Sled on February 13, 2018, 03:13:52 PM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss. Putting the whole money in one investment is not a suitable idea. Before practically starting some investments, there must be an analysis of the market, the trust factor and much more credentials for the coin or source that you are going to invest into. Only then the decision should be taken with deep concern. Losses are not strange, just follow up them with good rehabilitative skill.Title: Re: How can you manage potential losses during a crash Post by: keycellko on February 13, 2018, 03:55:27 PM Nice strategy. I also do margin selling if i need to eliminate a loss. But usually what i do is minimize the price of the coin buy buying more when the dip comes. In a way for example in bitcoin you buy 1 for 18000 then you buy another for 15000 so you now have 2btc valued at 16500 instead of the original 18000 so you have a savings of 1500 and you can buy more just to pull back the initial investment in order for you to eliminate your losses.
Title: Re: How can you manage potential losses during a crash Post by: TiffanyLien23 on February 13, 2018, 05:05:35 PM Many traders do the strategy to buy more coins at a very low price. When the market recovers rapidly and then you miss out on that. If the strategy pays off it's great but it's a big risk to take. In order to do that, just be patience and wait for the price of the coin to rise up again.
Title: Re: How can you manage potential losses during a crash Post by: pisston on February 13, 2018, 06:09:03 PM Many traders do the strategy to buy more coins at a very low price. When the market recovers rapidly and then you miss out on that. If the strategy pays off it's great but it's a big risk to take. In order to do that, just be patience and wait for the price of the coin to rise up again. I think that all the same, if there was a crash situation, then the only way out is to wait for a positive moment, and not to sell. But nevertheless, very few traders use this strategy.Title: Re: How can you manage potential losses during a crash Post by: jaysabi on February 13, 2018, 06:19:23 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Any time an identifiable pattern emerges, the market is efficient enough to eliminate it. There are faster, smarter, and better capitalized traders than anyone here on these boards, and they will effective price out an identifiable pattern long before you have a chance to identify one. (And this assumes trading works in predictable patterns, which it doesn't anyway.) So the only conclusion is that any pattern you think you've identified or are relying on is just a coincidence, and your reliance on it is a huge gamble. If it works out, it's because you got lucky. It's far more likely that you're going to burn yourself with stunts like this. Title: Re: How can you manage potential losses during a crash Post by: Md Saad on February 13, 2018, 06:30:21 PM Your explanation and analysis might be a helpful for everyone who are involved in this virtual platform. Basically, We have to take every step very carefully regarding facing any loses. That's why your mentioned path should be followed in terms of not getting in the losing any resource from your virtual financial world. Get alert and prepared yourself to face any type of situation.
Title: Re: How can you manage potential losses during a crash Post by: Erza on February 13, 2018, 11:24:25 PM The strategy of OP is not easy to pull off because the price of bitcoin doesn't easily recover by $500 or crash by $500 every day. Imo it could work but not all the time. That is why you should do the daily trading and be active, I believe if you have that huge bankroll it is still possible for you to make that happens because their volume on 24 hours is really much far than you can imagine. You can see big exchanges that having like billions of dollars traded on each coin, conpare to your $500 profit is really easy to do. You just need to be active on trading and thats all, no need anything more Title: Re: How can you manage potential losses during a crash Post by: Destnhel on February 13, 2018, 11:53:52 PM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit.
Title: Re: How can you manage potential losses during a crash Post by: Barbarian on February 14, 2018, 03:34:49 AM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. This is the correct mindset when trading, when you lose you must try to learn from the experience but you must try to avoid to make that the focus of your next trades, each trade needs to be done because the market tells you there is an opportunity to make money if you try instead to try to be smarter than the market then you will lose even more money as a result.Title: Re: How can you manage potential losses during a crash Post by: jaysabi on February 19, 2018, 03:19:46 AM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. This is the correct mindset when trading, when you lose you must try to learn from the experience but you must try to avoid to make that the focus of your next trades, each trade needs to be done because the market tells you there is an opportunity to make money if you try instead to try to be smarter than the market then you will lose even more money as a result.There is no science to trading crypto. People use technical analysis or momentum trading as if these are tangible, reliable things that can be counted on to perform in patterns. They're not. For the most part, patterns self-correct because any pattern can be exploited, and the first to exploit it lessen the impact of the pattern until it doesn't exist anymore. At that point, any "pattern" that persists is just a coincidence. Title: Re: How can you manage potential losses during a crash Post by: jamids on February 19, 2018, 04:32:39 AM The strategy of OP is not easy to pull off because the price of bitcoin doesn't easily recover by $500 or crash by $500 every day. Imo it could work but not all the time. That is why you should do the daily trading and be active, I believe if you have that huge bankroll it is still possible for you to make that happens because their volume on 24 hours is really much far than you can imagine. You can see big exchanges that having like billions of dollars traded on each coin, conpare to your $500 profit is really easy to do. You just need to be active on trading and thats all, no need anything more The reason why I like to do day trading as oppose to just holding my coins is because of this reason. There is a possibility of being able to profit even if I had lost in my previous trade and the market is bearish. The small price swings are opportunities to make small profit. My intention is to earn small profit because once accumulated it would become bigger and every time I trade, I learn so it would be a great help to my next trades. I will be versatile then because I can profit in whatever market condition. Title: Re: How can you manage potential losses during a crash Post by: 4U on February 19, 2018, 05:30:59 AM I set my failure or loss by waiting for the price to go down and after that buy it again at the right moment or the right moment because the price will definitely go back up, and preferably trading do not use all the money there, you put money to overcome this loss. Putting the whole money in one investment is not a suitable idea. Before practically starting some investments, there must be an analysis of the market, the trust factor and much more credentials for the coin or source that you are going to invest into. Only then the decision should be taken with deep concern. Losses are not strange, just follow up them with good rehabilitative skill.Title: Re: How can you manage potential losses during a crash Post by: BillCoin on February 19, 2018, 05:37:43 AM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. Loses shouldn't be taking heartfully, that's true, and that's the reason you have to risk management because if you won't, you may find yourself losing more then you could afford to lose and then you will have to take it heartfully.As said above, the best way to manage loses would be through stop loses orders, when you enter a trade, make sure you know at what point you exit the trade even if you are in a deep lose. Always take into consideration that stop loses orders may trigger lower then expected as when the market falls it's hard to sell. Title: Re: How can you manage potential losses during a crash Post by: Suslura on February 19, 2018, 07:27:16 AM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. Loses shouldn't be taking heartfully, that's true, and that's the reason you have to risk management because if you won't, you may find yourself losing more then you could afford to lose and then you will have to take it heartfully.As said above, the best way to manage loses would be through stop loses orders, when you enter a trade, make sure you know at what point you exit the trade even if you are in a deep lose. Always take into consideration that stop loses orders may trigger lower then expected as when the market falls it's hard to sell. Title: Re: How can you manage potential losses during a crash Post by: lienfaye on February 19, 2018, 07:50:11 AM There's no guarantee in this strategy but it might help somehow if you are looking for other ways to take advantage the current situation. This is also risky and needs enough time to be able to do it but I cant manage to do this as I also have other things to attend to.
What I do during crash is I buy more coins as much as possible. I treat it as a sale dates, but more coins for a lesser value, HOLD and wait for its value to go up again, so once you sell, you already have a greater profit. Key is be patient and don't let FUD get into you. Well thats the rule that we should follow to earn in crytpos, dont let the dip affect your decision to be firm to wait for the right time to sell and not become a weak investor.Title: Re: How can you manage potential losses during a crash Post by: surix on February 19, 2018, 08:00:33 AM Any trading patterns work under certain conditions and assumptions.
Your method suggest that the price will one day go back up after the drop (so your decision of purchase is based on it). Then ask yourself a question, if you know for sure that price will go up in the future, why you don't already put everything now? If you assume that future price is completely unknown, your strategy will be very different from the one you stated. Title: Re: How can you manage potential losses during a crash Post by: icecream sandwich on February 19, 2018, 08:33:08 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D I just stay calm and just think positively because if you just stay calm your ego will not affect your overall permormance in you r work because i consider this thing a job yes because i gain money and at the same time i do thing to it. Being pessimistic is just gonna ruined all of your strategy. Because i always think that every after crash or even if i just lose money i always think and keeps on my mind that i will win that bacl again. Title: Re: How can you manage potential losses during a crash Post by: Barbarian on February 22, 2018, 02:54:33 AM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. Loses shouldn't be taking heartfully, that's true, and that's the reason you have to risk management because if you won't, you may find yourself losing more then you could afford to lose and then you will have to take it heartfully.As said above, the best way to manage loses would be through stop loses orders, when you enter a trade, make sure you know at what point you exit the trade even if you are in a deep lose. Always take into consideration that stop loses orders may trigger lower then expected as when the market falls it's hard to sell. Title: Re: How can you manage potential losses during a crash Post by: jaysabi on February 24, 2018, 04:38:42 PM Losses shouldn't be take heartfully. We should use it as a lesson and also a weapon so it wouldn't happen again. We must learn ahead. Losses is part of trading, but it doesn't mean to make you quit. Loses shouldn't be taking heartfully, that's true, and that's the reason you have to risk management because if you won't, you may find yourself losing more then you could afford to lose and then you will have to take it heartfully.As said above, the best way to manage loses would be through stop loses orders, when you enter a trade, make sure you know at what point you exit the trade even if you are in a deep lose. Always take into consideration that stop loses orders may trigger lower then expected as when the market falls it's hard to sell. That's called the Martingale System, when someone doubles every losing bet on the assumption that because the previous result was X the next result is more likely to by Y. That's not true, each result has the exact same odds of happening because future events are not linked to previous events. Applying Martingale to trading is just as faulty. What goes down is not guaranteed to go back up. Title: Re: How can you manage potential losses during a crash Post by: Qartersa on February 24, 2018, 05:14:23 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D I see you are banking on small wins on a daily basis. Well, good idea! Thank you for sharing your strategy! I have once made a huge mistake wherein I keep banking on huge wins, yet very momentarily I get dismayed because there is always a 50% chance that I lose a big amount as well. Hence, I am all for making small wins but on a more regular basis. Nonetheless, I do not think it is good to apply the aforesaid strategy every so often because of Bitcoin market's volatility. It will always be case-to-case basis. That being said, there is always a need to assess the current market before embarking onto any strategies. Title: Re: How can you manage potential losses during a crash Post by: Onews1990 on May 03, 2018, 11:14:25 AM Waiting is better then just nothing or panic selling in cryptos, So I think we need to do this. If you don't want wait you must be prepared that will be very hard to trade on so bearish market
Title: Re: How can you manage potential losses during a crash Post by: ArteMixer on May 03, 2018, 11:20:50 AM If you are really smart, you are also able to set up a bot to monitor the status and buy/sell when needed. But the bot won't recognize a crash from a graduate and final fall.
Title: Re: How can you manage potential losses during a crash Post by: teleskopta on May 06, 2018, 08:05:25 PM Well, in every failure that I made, I'd rather choose to start all over again than stop and accept the fact that I've failed. It is better to try again because it is just one opportunity that have been lost, and there are millions of opportunities out there that is waiting for all of us.
Title: Re: How can you manage potential losses during a crash Post by: Maestro75 on May 06, 2018, 08:23:31 PM During crash, best is to hold. Just be patient. nice answer. Lol honestly hodl is the best strategy and patience in doing trading .cause its not safe if you sell while the price is decreasing it will cost alot, so we need to ride the bear instead of selling 'cause there's no permanent situation, and indeed it will climb again after the bearish. Title: Re: How can you manage potential losses during a crash Post by: Sarastiche on May 06, 2018, 08:29:31 PM Your approach is quite okay but with High risk, as there are time when the crash is always tragic, My rule is to always take part of my capital ones my stake is at 2X and strategically observe the roadmap of the project or crypto news to determine what I do per time.
Title: Re: How can you manage potential losses during a crash Post by: bib24 on May 06, 2018, 10:01:04 PM Forget panic selling during crash because your losses will be too high, take the risk of holding and be patient.
Title: Re: How can you manage potential losses during a crash Post by: trickyriky on May 30, 2018, 01:56:16 PM Forget panic selling during crash because your losses will be too high, take the risk of holding and be patient. Sometimes it is not your fault that you lost something. do not take these losses close to your heart. Go somewhere to rest and relax, and after that return to work. Title: Re: How can you manage potential losses during a crash Post by: loveinberlin on May 30, 2018, 02:07:06 PM I have never thought about the potential losses during a crash. As for me, this is not likely to happen as I stick to the long-term hold strategy. I think that you need to be good at math and different calculations. You need to know how the system works
Title: Re: How can you manage potential losses during a crash Post by: MiXxe on May 30, 2018, 02:43:09 PM Actually this is what you call correct budgeting. When you invest and plan how much to sell your coins, consider that there may be times for you to wait so you have to include that in your budget so you won't feel the losses when it's crash and you are waiting for another time again to sell your cryptocoins. Preparation is still the best weapon. Learn to budget.
Title: Re: How can you manage potential losses during a crash Post by: Cynooza on May 30, 2018, 02:49:59 PM There is no particular answer for that. Diversify. If you can afford it, don't store everything in crypto, buy some gold or reliable real estate.
Title: Re: How can you manage potential losses during a crash Post by: abas_ir on May 30, 2018, 03:21:48 PM I have never thought about the potential losses during a crash. As for me, this is not likely to happen as I stick to the long-term hold strategy. I think that you need to be good at math and different calculations. You need to know how the system works long time strategy need big self confidence.without this aspect, while market crash we will being panic and soll all asset that we have.but if we have decided about this strategy it sure that we have main reason.Title: Re: How can you manage potential losses during a crash Post by: ronaldo40 on May 30, 2018, 03:28:59 PM I have never thought about the potential losses during a crash. As for me, this is not likely to happen as I stick to the long-term hold strategy. I think that you need to be good at math and different calculations. You need to know how the system works long time strategy need big self confidence.without this aspect, while market crash we will being panic and soll all asset that we have.but if we have decided about this strategy it sure that we have main reason.Title: Re: How can you manage potential losses during a crash Post by: trako on May 30, 2018, 06:16:48 PM The decline is already clear within a week. I think it's enough to follow a week. It makes sense to sell later. You also need to monitor the falling spots. It makes sense to buy again at a value below what you sell at this point. There is no place to fall after this point and the tendency to rise will begin.
Title: Re: How can you manage potential losses during a crash Post by: xvids on May 30, 2018, 06:48:06 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> I have done this before with my investment in alts,My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D So far when I manage to gain some profit from this and if I choose to hold my alt-coin it would end up the other way, When I see that my alt-coin was playing with 50 sats fluctuation everyday I decide to go in and sell it then set a buy order with less than 50 sats I manage to earn about $30-60 per day back then . And luckily when the last day of my trade I predicted it wrong it didn't go up to the price that I have set and because of that I need to cut loss and it turns out to be a good idea now that alt-coin was way more lower than what I expected. Title: Re: How can you manage potential losses during a crash Post by: South Park on May 30, 2018, 08:57:08 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> This is just basically what traders already do, but as we now the problem is that it is impossible for everyone to be a winner, when you trade or invest in anything somebody has to lose money for someone else to earn it, doing that strategy as you suggest you will need 21 straight days of significant profits to break even and while that sounds easy it is not.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: queenlaurel on May 30, 2018, 09:53:21 PM During a crash is a bad time to sell i believe because you might sell it way cheaper than the amount you invested. How to handle it is to wait a bit longer and listen to news of it coming back up.
Title: Re: How can you manage potential losses during a crash Post by: bib24 on May 30, 2018, 11:27:19 PM During a crash its better to just hold your coins and wait. You might suffer a great loss if you panic and sell your coins for a very cheap price.
Title: Re: How can you manage potential losses during a crash Post by: VentureHero on May 30, 2018, 11:29:04 PM For sure you shouldn't sell if it's crashing, unless you spot some opportunities able to cover your actual loss.
Title: Re: How can you manage potential losses during a crash Post by: Johnyz on May 30, 2018, 11:45:07 PM There is no particular answer for that. Diversify. If you can afford it, don't store everything in crypto, buy some gold or reliable real estate. Diversification can be a good option for a dumping market, its not a total cash and better to called as a correction. Buy at the lower price and sold it with profit, that's how you can survive in a dump market or if you have coins already better to just hold and be back when bear market is done. Title: Re: How can you manage potential losses during a crash Post by: Uno17 on June 11, 2018, 06:37:42 AM That is why it is very important to have back up accounts to be placed in other investment type, that in case one crashes, there is a back up placement to save the lose,and most of all the emotional readiness, is the moat important that you are prepared in case bad scenario like crash happens, that you are ready to accept any situations either good and bad. In other word, knows to gamble
Title: Re: How can you manage potential losses during a crash Post by: Dreambigacm on June 11, 2018, 07:21:46 AM Your strategy can be nice but this is mostly scheme for the professional traders, for a newbies or people that do not have that much experience my suggestion would be to work more with USDT tether so when crash will come changing the money to tether is a nice option tho
Title: Re: How can you manage potential losses during a crash Post by: Tory-Tory on June 11, 2018, 07:36:43 AM I think that the only correct solution that will help to save money during the fall of prices is using the stop loss. Averaging is not the best solution. If you constantly use averaging then someday the money will run out.
Title: Re: How can you manage potential losses during a crash Post by: dreico on June 11, 2018, 12:04:31 PM you need to be prepared for such an event and have a plan to eliminate such losses, and such risks in the world are crypto
Title: Re: How can you manage potential losses during a crash Post by: boyz97 on June 11, 2018, 12:16:20 PM I think that the only correct solution that will help to save money during the fall of prices is using the stop loss. Averaging is not the best solution. If you constantly use averaging then someday the money will run out. thats good risk management.although some people said if we dont sell our asset, it will not make it loss.but our emotion are not ready to face price drop sharply.and cut loss is best choice.Title: Re: How can you manage potential losses during a crash Post by: rightway00372018 on June 11, 2018, 12:35:48 PM you need to be prepared for such an event and have a plan to eliminate such losses, and such risks in the world are crypto Yes before I started investing in cryptocurrency i have already created plans just incase the crypto i invested will crash unpredictively because inevsting without plans can make us panic and may be lead us to potential losses of our investment.Title: Re: How can you manage potential losses during a crash Post by: Rufsilf on June 11, 2018, 02:00:55 PM I just don't mind it, i am more into long term holding for a good coin rather than a quick profit from their market, if there will be a crash in the market then i will just hold it and accept the possible scenario that could happen so i will be ready and i will not cry like a baby when i experienced huge losses.
Title: Re: How can you manage potential losses during a crash Post by: ceylan on June 11, 2018, 04:25:09 PM When it comes to crypto Crashes ... best thing is holding & Stay in USDT .... but personally i don't care about BTC Crashes because I'm a long term investor .. i just hold it and sell when it goes up
Title: Re: How can you manage potential losses during a crash Post by: Emilyp on June 11, 2018, 05:16:44 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience?
Title: Re: How can you manage potential losses during a crash Post by: bitllionaire on June 11, 2018, 05:38:21 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? Yes but if the price goes down anymore then you will never feel the need to withdrawal your money and invest it anywhere else, you need to wait and should keep hope for the price increase and when the price will increase too much you can recover your lose, for that you need to be patient and wait for some good time. Title: Re: How can you manage potential losses during a crash Post by: ejandjm18 on June 14, 2018, 08:49:22 AM The smart thing to do is to prepare during good times for the devastating market moves that could occur, and the following three things are worth thinking about as you plan your risk management strategy: 1st, Be ready for a market crash before it happens; Investors should always have a potential crash in mind when they put together their investing strategy. 2nd, During the crash don’t do a thing; More investing mistakes happen during market crashes than at any other time. 3rd, After the crash assess the situation; After waiting an appropriate length of time to let your emotions calm down, look at how your portfolio performed and see what worked and didn't work.
Title: Re: How can you manage potential losses during a crash Post by: DRVX on June 15, 2018, 09:29:25 AM I have never thought about the potential losses during a crash. As for me, this is not likely to happen as I stick to the long-term hold strategy. I think that you need to be good at math and different calculations. You need to know how the system works Until you sell anything, you do not lose anything. Just held the altcoins and BTC that you have already. In case, you have enough income to buy more crypto, do it, as with time, this money will be even tripled. Title: Re: How can you manage potential losses during a crash Post by: justspare on June 15, 2018, 05:34:08 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? Yes but if the price goes down anymore then you will never feel the need to withdrawal your money and invest it anywhere else, you need to wait and should keep hope for the price increase and when the price will increase too much you can recover your lose, for that you need to be patient and wait for some good time. Title: Re: How can you manage potential losses during a crash Post by: DMCR lah on June 15, 2018, 05:43:41 PM Reducing total loss is helping to return your capital again, but I think it's better to hold your investment when there is a big loss on the coin you hold. Hold it back.
Title: Re: How can you manage potential losses during a crash Post by: crazyavdik on June 15, 2018, 05:58:23 PM Waiting is better then just nothing or panic selling in cryptos, So I think we need to do this. If you don't want wait you must be prepared that will be very hard to trade on so bearish market
Title: Re: How can you manage potential losses during a crash Post by: DMCR lah on June 15, 2018, 06:06:17 PM Most people complain about their capital losses. In bitcoin business, we can not be sure all the time that every investor gets, sometimes there is also a possibility of loss.
Title: Re: How can you manage potential losses during a crash Post by: Supercrypt on June 18, 2018, 02:19:26 PM The smart thing to do is to prepare during good times for the devastating market moves that could occur, and the following three things are worth thinking about as you plan your risk management strategy: 1st, Be ready for a market crash before it happens; Investors should always have a potential crash in mind when they put together their investing strategy. 2nd, During the crash don’t do a thing; More investing mistakes happen during market crashes than at any other time. 3rd, After the crash assess the situation; After waiting an appropriate length of time to let your emotions calm down, look at how your portfolio performed and see what worked and didn't work. Yes, you cannot take back the losses when they are huge already but wait for another time to get the best from them eventually. One way I have gotten to minimize the whole loss is to find a very good point of entry back then, since I am at least better to know what to do now.As long as you have some capital at hand, I do not usually waste time buying some of those coins at their bottom and then wait for the movement upward which would compensate in the long run for the losses you had quickly. Title: Re: How can you manage potential losses during a crash Post by: yahamidu on June 18, 2018, 02:24:51 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Yes, I think What you do and suggest is the best way to cover your losses, this is the system how they work on wall street as well. They buy and sell in blocks and do this while stocks in accumulated fashion every time they go up or down. It is agood way. Title: Re: How can you manage potential losses during a crash Post by: crazymelons12 on June 18, 2018, 02:30:09 PM Well I would say you have the point. Probability is well defined but unpredictability may sometimes rise to the point where evrything you think about will be the opposite. Patterns don't work sometimes. Try playing freebitco.in that is how unpredictable bitcoin is as I have observed.
Title: Re: How can you manage potential losses during a crash Post by: cheann20 on June 18, 2018, 02:37:56 PM Just a hunch, but am guessing most who bought at a ATH are probably not going to be particularly skilled traders, and are almost invariably going to lose even more if they attempt this convoluted and risky strategy (and that's assuming the patterns you pitch even hold true) lol For me if i know all alt will crash, i sell them and buy USD, for secure my money, if it is back to normal i bought again to low price and sell them to high price, we need more wise and be a stratigic person. Title: Re: How can you manage potential losses during a crash Post by: beerlover on June 19, 2018, 06:37:58 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? As long as you were not holding a shit coin, there is no way at some point the market would not recover anyway, the only thing you will need however is patience most especially if it is a huge loss already but if it is still a little percentage which you can still cut loss in the case where a downtrend is imminent for the market then the best thing is to go ahead and do so, and wait for the dip to get in and then get the best from the profit in the long run.There will be no such potential losses for a long term holder which is the exact thing I am right now doing. Yes, I am still in profit when compared to my buying price levels. I bought/earned my bitcoins when it was below $500 and now also I am into ten fold profits. Being a long term holder has lots of basic advantages. Title: Re: How can you manage potential losses during a crash Post by: Soneo on June 19, 2018, 07:10:47 PM If you are really smart, you are also able to set up a bot to monitor the status and buy/sell when needed. But the bot won't recognize a crash from a graduate and final fall. I think the problem here is that not many of those who buy Bitcoin at $ 18K are really interested in trading because they are mostly in the "hawkers" category. They will definitely find it hard to watch Bitcoin every day every hour waiting for small spikes and drops. I still hope that in this quarter Bitcoin can make some excuses if it does not exceed the $ 15K level. A good idea and I think someone can indeed use a strategy to get back what you've lost because a 'crash' happened with Bitcoin over the last few weeks. Title: Re: How can you manage potential losses during a crash Post by: wuvdoll on June 22, 2018, 08:27:44 AM I have never thought about the potential losses during a crash. As for me, this is not likely to happen as I stick to the long-term hold strategy. I think that you need to be good at math and different calculations. You need to know how the system works Until you sell anything, you do not lose anything. Just held the altcoins and BTC that you have already. In case, you have enough income to buy more crypto, do it, as with time, this money will be even tripled. Just buying back more at the bottom as there is simply no better way to do it than that. Managing potential loss is a concern only for active traders. That is the reason many people are preventing it just by holding for longer duration whereas bitcoin is always bring them excellent profits. Title: Re: How can you manage potential losses during a crash Post by: Crystal24 on July 11, 2018, 10:40:43 AM There's no other way to do that than selling off in order not to incur more losses.
Title: Re: How can you manage potential losses during a crash Post by: weblouartisan on July 11, 2018, 11:28:27 AM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? In my own opinion, those loses are just your best experiences in trading which can make you become a better trader to avoid making wrong decisions in the future. Title: Re: How can you manage potential losses during a crash Post by: DaftAjax on July 11, 2018, 12:15:22 PM Not every technique or pattern to every problem in any platform has to have the same formula in order to arrive in a safe solution, in actuality there are so many ways even I can't count. And it doesn't mean that it works for you will work for everyone else, don't get me wrong I know you put a lot into this and I wish you success but my point is everybody is different, sure it could guide some people, but the main problem is yet to arrive. What if some guide does not exist or does not work anymore, they will tend to be not very confident to try something else because they rely mostly in guides, so being a lone wolf might work better.
Title: Re: How can you manage potential losses during a crash Post by: Muzika on July 11, 2018, 12:18:39 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? In my own opinion, those loses are just your best experiences in trading which can make you become a better trader to avoid making wrong decisions in the future. maybe it is better if there would no loses to happen it is not impossible to do specially when you know how to deal with the market patience is must if you want to have a good profit in trading because not always that the market is at red. Title: Re: How can you manage potential losses during a crash Post by: Saidmod on July 11, 2018, 12:36:16 PM This might work but at the end you might end up losing more than you would have if you had cut your losses and put the fund elsewhere. What if the price never recovers or takes a long time to and by that time you've exhausted all your patience? In my own opinion, those loses are just your best experiences in trading which can make you become a better trader to avoid making wrong decisions in the future. maybe it is better if there would no loses to happen it is not impossible to do specially when you know how to deal with the market patience is must if you want to have a good profit in trading because not always that the market is at red. Title: Re: How can you manage potential losses during a crash Post by: emezh10 on July 11, 2018, 12:49:00 PM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> We all know that bitcoin is a highly volatile investment. Fluctuation in price happens from time to time, without any given pattern, it is base on the movement of factors that affect the price. So , to avoid and recover losses, we stay with the basic investment rule, do not sell during price marking down and wait for the price recovery. My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: stayeduptolate on July 16, 2018, 09:51:09 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> I think the best way to minimise your loses is to hold. Bitcoin is very sustainable and very volatile crypto currency and because of its volatile nature its valuation keeps on flactuating and if you don’t invest wisely then you could suffer a huge amount of loses because bitcoin investment requires a very wise decision so if if you want to overcome these loses and if something worst has happen then the best happen is to hold your coin and wait till you feel your profit.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: boddy.dy on July 16, 2018, 11:39:23 AM For me it is very simple to manage potential losses during a crash and it is I believe the control of emotions. We should admit that there are a lot of people that do panic selling during this scenario which we all know a bad doing or decision. If you can only do a emotional control during crash you will surely avoid a un necessary losses. If you have faith and truly trust the process you will not be carried away and will stick with your plans or goals. In short we need to manage our emotions so that we will be safe during crash.
Title: Re: How can you manage potential losses during a crash Post by: liivii on July 16, 2018, 11:50:48 AM I just ignore the loses because I know there will be a time for that losses to convert to profits by having a market recovery. Being knowledgeable on what's happening in the market everyday will make you feel good and don't force yourself to any unnecessary actions that will lead to loses. So right now that the market recover little by little, good monitoring will allow you to make better decisions.
Title: Re: How can you manage potential losses during a crash Post by: embargo on July 16, 2018, 12:08:46 PM The best way to manage is to invest in completely different assets (real, digital). And keep also cash with you, because in the acute phase of the crisis, cash can be blocked by the bank.
Title: Re: How can you manage potential losses during a crash Post by: marcenzofing on July 16, 2018, 12:35:05 PM If you want to average down do your best to understand the charts and try to average down you can also always short bitcoin if you think that the price will continue to fall down.
Title: Re: How can you manage potential losses during a crash Post by: stayeduptolate on July 23, 2018, 07:58:32 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> As we all are aware with this thing that bitcoin is very volatile crypto currency and being an kind of investment also, its valuation keeps on flactuating and this reason of bitcoin is responsible for the bitcoin for being in controversy and the panic of millions of investors so here you need to be wise when you will invest into bitcoin, what I mean is that you should know when to buy, then hold and then when to sell your bitcoin then you can make maximum profit from bitcoin investment.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: Kris34 on July 23, 2018, 08:09:51 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D It's certainly all right, but maybe your model will not work. Title: Re: How can you manage potential losses during a crash Post by: spongegar on July 23, 2018, 08:17:57 AM Well, I guess thanks fornthe advose but it has alot of holes as mentioned by other posts in this thread. The best strategy is to still hold on to your investments. But even better is to get to know a potential crash before it happens and actually cashing out and reinvesting it when the market is at its lowest price.
Title: Re: How can you manage potential losses during a crash Post by: Girlsbit on July 23, 2018, 08:27:41 AM Maybe your model will work, or it may not work. The risks with crypto currency are too great.
Title: Re: How can you manage potential losses during a crash Post by: cramcram21 on July 23, 2018, 08:33:01 AM Yes holding is the best but you could also take advantage of it by doing a short trade but it is also risky.
You could make a profit by doing a buy and sell at a short period of time but you should only aim for a small percent of profit and don't be too greedy . Title: Re: How can you manage potential losses during a crash Post by: BigDig on July 23, 2018, 09:16:56 AM For myself, I found the answer easier in managing risks. While the assets are not sold to actual losses you did not incur. Of course, such an approach does not always work, but it does save you from unnecessary worries.
Title: Re: How can you manage potential losses during a crash Post by: nealdlover on July 23, 2018, 09:26:03 AM I am not an investor in the Cryptocurrency market. Because I know the uncertainty of the Crypto market will not bring a good psychology to investors and easily make investors lose money in a short time.
So I think buying and holding long is not good in this market. I will only use USDT to trade when the market fluctuates to avoid the capital loss when the market occurs red. Title: Re: How can you manage potential losses during a crash Post by: eduardoabordo on July 23, 2018, 12:52:40 PM it's hard to recover if you losses to much during a crush it is a crisis if you have a passitive thinking that you can do it you can do it for your company to recover it you cannot need to help other people you need to understand the situation that you have.
Title: Re: How can you manage potential losses during a crash Post by: Nissan-GTR on July 23, 2018, 01:06:54 PM Many people are complaining about their capital losses. In bitcoin business, we cannot surely all the time that every investors are gaining, sometimes also comes into possible losses. We can only avoid losses if we are curiously monitored price movement of bitcoin. I agree with that, and this is such a risky community and we cannot expect continuous gaining and complaining doesn't solve the problem, it actually prolongs your time to work, I think hold and work does make you profitable, in just a matter of time you can actually obtain the fruit of your labour, and I guess continuous working is a better way to solve your losses when it come to your desired outcomes. Title: Re: How can you manage potential losses during a crash Post by: manfredmann on July 23, 2018, 01:10:52 PM Holding will do of course this is the best way to manage to avoid potential losses during a crash. The questions is very leading for the most crypto holders and clearly they had a common answer and that is holding crypto and should not sell where market price is not good. However, aside from holding if you know how to trade and speculate if you feel that crypto market price will fall down for more you should not hold instead sell it all and then if market price falls down then that would be the best thing to invest. In this way you can get more crypto in a cheaper market price.
Title: Re: How can you manage potential losses during a crash Post by: maculeth on July 25, 2018, 01:45:54 AM keep hold, and keep trading. but with a note, if the hold is bictoin, then I will trade in altcoin. at least get a little profit while waiting for the price of bitcoin again.
Title: Re: How can you manage potential losses during a crash Post by: nur rochid on July 25, 2018, 02:29:33 AM keep hold, and keep trading. but with a note, if the hold is bictoin, then I will trade in altcoin. at least get a little profit while waiting for the price of bitcoin again. safe trade. bitcoin is suitable for long-term trading, while altcoin has high fluctuations, if you can take advantage of moments, i think you will double the profit, provided you don't use all your money for altcoin tradingTitle: Re: How can you manage potential losses during a crash Post by: Ramtapsbtc on July 25, 2018, 03:07:17 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D There is one thing i only know during crash, TO HOLD, by holding i can manage potential losses because im confident with my coin to grow and controlling emotions.,, Title: Re: How can you manage potential losses during a crash Post by: squog on July 25, 2018, 03:10:27 AM Thanks i guess for the strategy, i may try it for my short term to mid term investments. But I'll still stick to what I'm doing for the past 2 years for my long term. I mean if it does wonders for its trial then I'd use it exclusively, but right now i still have doubts about your strategy. If anyone elsr actually tried it, tell me how was it.
Title: Re: How can you manage potential losses during a crash Post by: indrakusumaindra on July 25, 2018, 03:17:15 AM The most common answer to this question will be to hoard and to wait for the correction to reduce or elimate your potential losses. <You only lose money, when you sell at a lower price than what you bought it at, right> well i dont think this will works, trading and buying coins is really do need a sharp instinct to predict the movement. Its hard to do and sometimes you doubting yourself and when you see sharp grow you would afraid to sell your coins and when its down you regret your decisions, the points is its really hard to do what you say cause there is limitation and its different for each traders and this condition that makes traders have a different point of view. I still think hold or trying to trading to get more coins is the best way to manage lost.My suggestion to reduce potential losses, might sound a bit controversial, but it might just work in the current environment. What I have noticed lately, is that the price is dropping within a $500 margin daily and then recovers. <lots of mini crashes and mini corrections> So in theory, If you were one of the people who bought coins at say $18 000, and IF you sold now at say $9000, you would have lost more or less $9000. <Some people panic and sell at a loss> My suggestion : Use these daily crashes to your advantage. Buy more coins when the price falls with $500 and sell when the price goes up with $500 again. After trading fees, your profit will be anywhere between $450 to $490 per coin/day. Take the profit, put it aside and repeat this strategy until you have chipped away at the potential loss that you would have made. Day 1 - $9000 Day 2 - $8550 Day 3 - $8100 Day 4 - $7650 Day 5 - $7200 Day 6 - $6750 Day 7 - $6300 Day 8 - $5850 Day 9 - $5400 Day 10 - $4950 Day 11 - $4500 Day 12 - $4050 Day 13 - $3600 Day 14 - $3150 Day 15 - $2700 Day 16 - $2250 Day 17 - $1800 Day 18 - $1350 Day 19 - $ 900 Day 20 - $ 450 Day 21 - $ 0 In 3 weeks, you can eliminate any possible losses, if you follow this example. This is definately not a guaranteed recipe for success, but given the current situation, this might just work. :D Title: Re: How can you manage potential losses during a crash Post by: Fujiati on July 25, 2018, 05:50:00 AM for me to reduce the potential loss that is by adding to invest when the market price decreases. I will continue to hold back the bitcoin and altcoin that I have until the market price rises again.
Title: Re: How can you manage potential losses during a crash Post by: Rnd2012 on July 25, 2018, 06:08:42 AM It's very hard hard to find getaway when your investment go down only one option you have to wait up market increases so the stratigic plan requires here.
Title: Re: How can you manage potential losses during a crash Post by: pandanaran on July 25, 2018, 06:10:14 AM This is easy to say and I appreciate it, what matters here is how can we know when the lowest and highest prices between collisions and correction, we may actually lose when doing that. Some users suffered losses due to unfavorable market possibilities and the possibility of buying at random, so my advice is to hold on first while learning more about trading with minimal capital if you experience losses due to your carelessness when buying.
Title: Re: How can you manage potential losses during a crash Post by: developer101dev on July 25, 2018, 06:24:47 AM This is easy to say and I appreciate it, what matters here is how can we know when the lowest and highest prices between collisions and correction, we may actually lose when doing that. Some users suffered losses due to unfavorable market possibilities and the possibility of buying at random, so my advice is to hold on first while learning more about trading with minimal capital if you experience losses due to your carelessness when buying. The best thing to do in order to take back your losses is to still continue on trading because in this way you will still have a chance to earn profit depending on the situation in the market. Title: Re: How can you manage potential losses during a crash Post by: CHENIEN on July 25, 2018, 06:53:17 AM Based on my own experienced that not all the time we can gain always a profit on this business, most especially when we are not a good and strategic person without using good timing on every price situation. Like for example investing on a very low quality cryptocurrency tokens that price are more on dumping without furthermore recovering of price value, so it is already a form of capital losses, but unlike investing on high quality coins like bitcoin, the risks are quite different because bitcoin price will surely growing up again, all we need to do are on a long holding until price back to the higher level.
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