What do you do during blood waves?

[Kemarit]

First thing you have to know is that before I got into Bitcoin I already know that there were lots of risks involved, and I wouldn’t have joined if I wasn’t ready to take the risks that are involved. So this is already something I do see a lot of times and when it happens I do nothing except keeping cool and watching how things are moving.

I’m always ready to have patience no matter how long it takes, and when the price goes back up to a high price I will just withdraw with a lot of profits. I don’t sell with loss.

If you have been in this market for too long, you don't need to panic specially in a bloodbath because its just part of the nature specially cryptos. Of course, risk is always involved, that's why you have to think logically. The problem with most newbies is that they can't control their emotions, they always look to get out of the ecosystem and sell their coins because they are afraid and worried that the investment they have put in will go to nothing. Its gonna be a expensive lessons to learn for them but I do hope that they will not make the same mistakes of always pushing the sell button the minutes there is a crash. Used your common sense I think we all gonna be fine.

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[Kim Ji Won]

First thing you have to know is that before I got into Bitcoin I already know that there were lots of risks involved, and I wouldn’t have joined if I wasn’t ready to take the risks that are involved. So this is already something I do see a lot of times and when it happens I do nothing except keeping cool and watching how things are moving.

I’m always ready to have patience no matter how long it takes, and when the price goes back up to a high price I will just withdraw with a lot of profits. I don’t sell with loss.

If you have been in this market for too long, you don't need to panic specially in a bloodbath because its just part of the nature specially cryptos. Of course, risk is always involved, that's why you have to think logically. The problem with most newbies is that they can't control their emotions, they always look to get out of the ecosystem and sell their coins because they are afraid and worried that the investment they have put in will go to nothing. Its gonna be a expensive lessons to learn for them but I do hope that they will not make the same mistakes of always pushing the sell button the minutes there is a crash. Used your common sense I think we all gonna be fine.

FUDs also add pressure, stress, and worries to newbies in the crypto world. If they see their investment turning red in the market, they will find information on what is the cause of that downfall then they will encounter aggressive rumors about it from the community who at the same time is also part of the people who supported it in the first place.

Well, everyone's gonna start on something so it's okay for newbies to make this typical mistakes and they should learn it in a hard way.

[atjiat]

First thing you have to know is that before I got into Bitcoin I already know that there were lots of risks involved, and I wouldn’t have joined if I wasn’t ready to take the risks that are involved. So this is already something I do see a lot of times and when it happens I do nothing except keeping cool and watching how things are moving.

I’m always ready to have patience no matter how long it takes, and when the price goes back up to a high price I will just withdraw with a lot of profits. I don’t sell with loss.

Of course, if you give the last money on the second or carry the price from your home budget, So you have To pay bills every day, except that you have already spent on crypto currency, then your patience will be rewarded with interest.

[Danglen1010]

Blood waves signifies the decrease or the low market value of investments. It is a normal course of the investment since it is a part of the process and it is inevitable moment.
I think we should take it as a encouragement to pursue harder in this type of job.

[deppil]

I just chill, you need to get another income apart from relying on cryptos. Get a job and accumulate and hold

Yeah you're right that if a blood waves takes place. certainly trading is a high risk thing. so you should have a backup plan. such as having income or work other than trade. so you do not rely on trading when the market conditions are bleeding. to reduce the risk you have to hold

[777Jolami]

Blood waves signifies the decrease or the low market value of investments. It is a normal course of the investment since it is a part of the process and it is inevitable moment.
I think we should take it as a encouragement to pursue harder in this type of job.

Price volatility and the red market are very normal in cryptocurrency so I think investors should be familiar with and adapt to that. Make it a habit to invest in this volatile market, everything is possible and you need to invest in such a time.

[Nerman]

In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it  This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?

Usually on my trading I have a stop loss and sell what ever I had that hit the target stop loss.  Then after that I study the charts to rebuy and see if when it is possible to buy.

Now for the coins that I invested in then I just wait for it and hold it. Unless they hit the target price they will be on my wallet.

[mrproblem]

Most of time if I have fiat then I switched to coins. If I am in coins for altcoins I am trying to switch to bitcoin.

[stadus]

During the blood waves, there is only a few things can happen either i used to trade the good scripts or else i used to relax and leave the trading for few hours or even few days.

Not a good time to trade if the market is bloody, because for sure the price will be going down.
Normally,when times like that arrived, I just choose good and strong coins and I buy it, hold it for awhile as for sure the market will recover, then sell at a profit.

[kinamotorami]

During the blood waves, there is only a few things can happen either i used to trade the good scripts or else i used to relax and leave the trading for few hours or even few days.

I either decide to hold my coin at this time and determined not to refer to regular prices, if referring to prices regularly will make us more anxious so should not do it often, and The first thing to do is to focus on learning more experiences. Do not worry about the present moment.

[ncn1992vn]

For me there are only two simple options:
1. Wait it passed regardless of how long
2. Buy a little
Do not worry too much will make you take the wrong decision at this time

[xitrum]

In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it  This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?

bạn có thể thấy rằng những ngày gần đây giá bitcoin đang liên tục biến động và rất khó đoán, việc bitcoin đang liên tục điều chỉnh giá trị cho giá trị của altcoin không thể tăng và giảm trong những ngày gần đây. When the field is currently in the chu kỳ discount as the current time, you think you don't need to trade into this time, please wait for the field is currently return to return for the discount with the risk in the trade.

[KorakPawon]

In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it  This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?

if I have a large enough capital I will not think at length anymore directly I will buy all the coins as much as my capital because the price is cheap and I believe the end of the year will rise several fold.

[tamarindbleu]

During the blood waves, there is only a few things can happen either i used to trade the good scripts or else i used to relax and leave the trading for few hours or even few days.

Not a good time to trade if the market is bloody, because for sure the price will be going down.
Normally,when times like that arrived, I just choose good and strong coins and I buy it, hold it for awhile as for sure the market will recover, then sell at a profit.

i often buy when it is low then sell it when it is already high because thats so much profitable and an easy way to earn. you just really need to somehow understand this all. how this works will really help us to know how we will cope with situation like this

[jerowacik]

Most professional traders stay calm and relaxed even after a series of losses. They don’t let the natural ups and downs of trading affect them emotionally.

[bummm]

During the blood waves, there is only a few things can happen either i used to trade the good scripts or else i used to relax and leave the trading for few hours or even few days.

It is better to avoid trading during this time. Even professionals can make serious mistakes. You should better hodl, and if you have money, buy cheap alts.

[Gwapoman]

In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it  This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?

The background music 😂.it sound like someone is bringing btc to its grave..

In times of big dumps,I'm looking for an alternative ways like doing bounties to earn cryptocurrencies.bounties are very time consuming and somehow it helps me not to focus too much on my trading accounts.

[alibaba93]

In such moments I like to open cryptofeels.net and watch all that red (and few green) charts flying around with "after-death music" background, try it  This one relax me somehow. And what do you do during dumps? Do you continue to trade or take pause?

In my experience, with a market that is in crisis and in the long run, I think you should trade short-term by day, the market is constantly fluctuating and difficult, Therefore, it is very difficult to trade. You should change to USDT and wait for the market to stabilize and start trading again, always have a plan to handle every possible situation.

[cryptolidus]

During blood waves I am investing in some coins I desired earlier to buy. This is why bankroll management is so important  to leave money for these moments when everything is on big Sale. I have learned the lesson earlier, as I got  stucked with my investments  and I could not do anything during the dip.

[simpleholmes]

during dumps I usually focus on my other jobs and try to figure out what will I do during the pump. And when the pump comes than I think what will I do in the dumps, my psycholgy is bad