Bitcoin Forum
November 16, 2024, 02:47:47 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 »  All
  Print  
Author Topic: How can you manage potential losses during a crash  (Read 1186 times)
emezh10
Hero Member
*****
Offline Offline

Activity: 826
Merit: 501



View Profile
July 11, 2018, 12:49:00 PM
 #181

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.  Cheesy
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.
stayeduptolate
Hero Member
*****
Offline Offline

Activity: 980
Merit: 502


View Profile
July 16, 2018, 09:51:09 AM
 #182

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.  Cheesy
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.
boddy.dy
Member
**
Offline Offline

Activity: 252
Merit: 17


View Profile
July 16, 2018, 11:39:23 AM
 #183

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.
liivii
Full Member
***
Offline Offline

Activity: 406
Merit: 100


View Profile
July 16, 2018, 11:50:48 AM
 #184

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.
embargo
Newbie
*
Offline Offline

Activity: 266
Merit: 0


View Profile
July 16, 2018, 12:08:46 PM
 #185

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.
marcenzofing
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
July 16, 2018, 12:35:05 PM
 #186

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.
stayeduptolate
Hero Member
*****
Offline Offline

Activity: 980
Merit: 502


View Profile
July 23, 2018, 07:58:32 AM
 #187

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.  Cheesy
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.
Kris34
Newbie
*
Offline Offline

Activity: 100
Merit: 0


View Profile
July 23, 2018, 08:09:51 AM
 #188

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.  Cheesy

It's certainly all right, but maybe your model will not work.
spongegar
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
July 23, 2018, 08:17:57 AM
 #189

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.

▬▬▬▬▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬  ▬▬▬▬ |  𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗖𝗹𝗮𝘀𝘀𝗶𝗰 𝗩𝗶𝘀𝗶𝗼𝗻    ▬▬  ▬▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬  ▬
▬▬ ▬▬ ▬▬ Hard fork Ethereum  ▬▬▬ ▬▬▬ ▬▬▬▬ ▬▬▬▬▬▬  11.1.19  ▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬  ANN  ▬▬▬▬ ▬▬▬▬▬▬
▬▬▬▬ All Ethereum holders will receive 3 ETCV ▬▬▬▬▬▬▬▬  ▬▬▬▬▬▬  Telegram  ▬▬▬▬▬  Twitter  ▬▬▬▬  White Paper  ▬▬▬ ▬▬
Girlsbit
Newbie
*
Offline Offline

Activity: 108
Merit: 0


View Profile
July 23, 2018, 08:27:41 AM
 #190

Maybe your model will work, or it may not work.  The risks with crypto currency are too great.
cramcram21
Sr. Member
****
Offline Offline

Activity: 854
Merit: 251


★777Coin.com★ Fun BTC Casino!


View Profile
July 23, 2018, 08:33:01 AM
 #191

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 .

BigDig
Member
**
Offline Offline

Activity: 277
Merit: 12


View Profile
July 23, 2018, 09:16:56 AM
 #192

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.
nealdlover
Member
**
Offline Offline

Activity: 345
Merit: 10


View Profile
July 23, 2018, 09:26:03 AM
 #193

 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.
eduardoabordo
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
July 23, 2018, 12:52:40 PM
 #194

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.
Nissan-GTR
Full Member
***
Offline Offline

Activity: 339
Merit: 102


The Exchange for EOS Community


View Profile
July 23, 2018, 01:06:54 PM
 #195

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.
manfredmann
Member
**
Offline Offline

Activity: 518
Merit: 21


View Profile WWW
July 23, 2018, 01:10:52 PM
 #196

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.
maculeth
Member
**
Offline Offline

Activity: 714
Merit: 11

BountyMarketCap


View Profile WWW
July 25, 2018, 01:45:54 AM
 #197

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.

  ●   KEEP CALM & HODL   ●
 ❰❰❰❰❰❰  KCH  ❱❱❱❱❱❱ 
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  token  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
nur rochid
Full Member
***
Offline Offline

Activity: 1050
Merit: 100


View Profile
July 25, 2018, 02:29:33 AM
 #198

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 trading
Ramtapsbtc
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
July 25, 2018, 03:07:17 AM
 #199

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.  Cheesy



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.,,
squog
Full Member
***
Offline Offline

Activity: 462
Merit: 100


ANONYMOUS MOBILE PAYMENTS


View Profile
July 25, 2018, 03:10:27 AM
 #200

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.

Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!