A strategy for "surviving" in times of crisis

[dado7]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

[1715255298]

1715255298

[1715255298]

1715255298

[1715255298]

1715255298

[1715255298]

1715255298

[iwillhodl]

I like this strategy. Point no. 2 imo is very important and I can't imagine investing into crypto without this point unless you aren't professional, you can never be sure what happens. And when you got information that one of coins is going to rise alot, you won't sell other crypto at losses at bear market to invest into this, but you will use your intial investment. Great idea

[13abyknight]

I really liked your approach towards 'crisis periods' by going on a vacation with family and enjoying some sunshine Cheesy! None the less, step 2 is the hardest to come by since there are no reliable coins which can definitely go '2x' in a given period of time and choices made becomes the determining factor. Step 3-8 seems like a totally legit strategy except for a change in step 7, where I would regularly check my portfolio, clenching hard on every refresh to see if the numbers have gone up.

[malikusama]

Just HODL and control your emotions, nothing else is required at time of crisis.
A good trader will never lose his/her cool even in the tough situations as like now happening in the market.

[Fatunad]

2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".

These two things is my common way on handling on these kind of situations on where i do always pull out initial investment and leave out the profits and re-roll it and if im profiting then save up for back up funds. It do really help me on these kind of situations specially when theres a crash.

[shield132]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

haha, that's really good idea and advice. But at first what I want to say is that investing of money which we can afford to lose is bad idea. For example for me it's 100$ because I am a person who has 800$ monthly wage (for example, not actually me). Does it has any idea to invest? I think no because it's not something that can give me valuable profit and also for some people 100$ is a lot too. So what you say would suit best to rich people who can lose 10K and more without worries.
On another hand I agree you in some aspect, have a rest can make you free from stress and it may hel you to make good decisions.

[harizen]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

Just like to point out that for a newbie trying to enter the world of crypto via investing, they should know the risks beforehand so that in case of the dip, they will not be worried and will not need some pointers like that.

Honestly, most newbie just entered because they saw others getting profit. But they didn't realized that it's not all about investing then they will sleep waiting for profits. If they understand the risks they are entering then even with the market bloodbath, still they will not be worried much about their dropping portfolios.

[ElLoco1994]

"in times of crisis" i search airdrops, it's not much Money, but it's Money

[dado7]

I really liked your approach towards 'crisis periods' by going on a vacation with family and enjoying some sunshine Cheesy! None the less, step 2 is the hardest to come by since there are no reliable coins which can definitely go '2x' in a given period of time and choices made becomes the determining factor. Step 3-8 seems like a totally legit strategy except for a change in step 7, where I would regularly check my portfolio, clenching hard on every refresh to see if the numbers have gone up.

Regarding step 7 - yes, I have made it as a joke..... well not really a joke, but more of a relaxation post. That's why I kept the word "irregularly". I am constantly re-checking mine too, but my point is - you shouldn't do it way too often, it becomes a sickness after some time.
Regarding step 2 - well, I agree to disagree. During last two months, most of them have gone at least 2x up, but you are right in saying that this doesn't happen all too often. Maybe you could achieve this by combining some airdrops with bare money investments?

haha, that's really good idea and advice. But at first what I want to say is that investing of money which we can afford to lose is bad idea. For example for me it's 100$ because I am a person who has 800$ monthly wage (for example, not actually me). Does it has any idea to invest? I think no because it's not something that can give me valuable profit and also for some people 100$ is a lot too. So what you say would suit best to rich people who can lose 10K and more without worries.
On another hand I agree you in some aspect, have a rest can make you free from stress and it may hel you to make good decisions.

I do agree with you. But, no matter whether it is a joke or not, I made a "no-stress" strategy. The moment you invest more then what you can afford to lose you have beaten its purpose. It also depends on your goals and if you can find a suitable strategy to achieve your goals without over-investing yourself.

What I wanted to say is - yes, you can invest a little bit more, but for the sake of God, don't gamble, never gamble.

[justin86]

7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.

Lol How long it takes for market to recover and rise? do you think 3-4 weeks? It might take years, so you probably need all of your funds for this long travel 

[huskyrocker]

The only strategy is to go cash !!!!!
If you still want stay in crypto - then purchase some coins backed by physical assets linked to a share of some commodity or real working platform.

[Oceat]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

Just like to point out that for a newbie trying to enter the world of crypto via investing, they should know the risks beforehand so that in case of the dip, they will not be worried and will not need some pointers like that.

Honestly, most newbie just entered because they saw others getting profit. But they didn't realized that it's not all about investing then they will sleep waiting for profits. If they understand the risks they are entering then even with the market bloodbath, still they will not be worried much about their dropping portfolios.

Most newbies doesn't really know where to start that's why they tend to invest carelessly without even knowing how to do gain it back. So, there should be a guide for newbie first before applying these strategy and i like these strategy because i have been using it the way i handle my holdings.

"in times of crisis" i search airdrops, it's not much Money, but it's Money

Most of those airdrops are shitcoins and it's hard to choose the right one.

[Mrs Troll]

I will tell you secret strategy - don't buy any "old" tokens that already been traded on exchange, you need only invest in ICO during crisis. The secret is that new tokens (ICO) is not dropping in crisis period, in most cases only old tokens affected by this. So best practice is to invest in new promising projects with whitelists and sell new tokens right after exchange listing.Don't waste money!

[Beerwizzard]

The first point must be applied to all times. You should also note that during the crisis mostly p&d coins are making x2, I've been looking on top gainers on CMC and during the dump that list was full of shit. The point 6 is probably the most usefull one, expecially if you made some fiat reserves at the high pice of BTC. You can also try to lend some of your coins to get a small profit but trading during that time will be toonervous and it won't woworth it.

[nicolas1979]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

I have another strategy and start built from last month. I don't have enough patience and start built new way to get income out from crypto market by using blog for affiliate marketer. For this new activity I should learn hard because has no knowledge, only have passion and little money to start. All of us doesn't like this situation and people have different strategy to face it. By the way I like your post.

[carriebee]

These strategy lists are very helpful with this invest only the amount that we can afford to lose. This is very important that we should know our total risks when trading coins. Wait for the prices to go high that in a certain amount we can experience to earned. Also, patience is very important to survive in times of crisis that after a lot of hard times you can be successful.

[dado7]

7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.

Lol How long it takes for market to recover and rise? do you think 3-4 weeks? It might take years, so you probably need all of your funds for this long travel  

Actually, so far after small corrections market has been recovering within days, and after large corrections after a month or two.

Most newbies doesn't really know where to start that's why they tend to invest carelessly without even knowing how to do gain it back. So, there should be a guide for newbie first before applying these strategy and i like these strategy because i have been using it the way i handle my holdings.

Most of those airdrops are shitcoins and it's hard to choose the right one.

Let's say that this is an advanced guide. I would say there are plenty of guides for those just starting in crypto world out there.
True, most are shitcoins, but with experience, you can apply a pretty good filter and gain a lot.

I will tell you secret strategy - don't buy any "old" tokens that already been traded on exchange, you need only invest in ICO during crisis. The secret is that new tokens (ICO) is not dropping in crisis period, in most cases only old tokens affected by this. So best practice is to invest in new promising projects with whitelists and sell new tokens right after exchange listing.Don't waste money!

Investing in ICO's during the crisis is a very bad advice. Most of them cannot fulfill their goals because the market is retracting so if they don't return your money you can lose it. Also, they have a problem with paying the fees during that time.

The first point must be applied to all times. You should also note that during the crisis mostly p&d coins are making x2, I've been looking on top gainers on CMC and during the dump that list was full of shit. The point 6 is probably the most usefull one, expecially if you made some fiat reserves at the high pice of BTC. You can also try to lend some of your coins to get a small profit but trading during that time will be toonervous and it won't woworth it.

Point 6 was my punchline. Good advice.

These strategy lists are very helpful with this invest only the amount that we can afford to lose. This is very important that we should know our total risks when trading coins. Wait for the prices to go high that in a certain amount we can experience to earned. Also, patience is very important to survive in times of crisis that after a lot of hard times you can be successful.

Patience is everything. Unfortunately I don't have it enough.

I have another strategy and start built from last month. I don't have enough patience and start built new way to get income out from crypto market by using blog for affiliate marketer. For this new activity I should learn hard because has no knowledge, only have passion and little money to start. All of us doesn't like this situation and people have different strategy to face it. By the way I like your post.

Thank you, I wish you good luck.

[Trofo]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
Very important part. There is nothing worse than having to cash out and market is deep in the red. You will sweat no matter the amount
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
I am doing something similar, cashing out in parts as my coin is growing. I have different exit strategies for each coin but usually I cash out first 30% on x3. I would like to point out that you haven't earned anything on coin that has gone up 1000x until you cash out. It can crash the next day. Remember: Lock in your profits.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
I actually have "crisis fund" and "reinvestment fund"
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
Maybe most important one. Don't check every few minutes. You will just get stressed.
8. Repeat steps 3-8.
Unfortunately, real life doesn't let me do steps 4-8, but I use the times when market is in red to add some cash from reinvestment fund into projects I believe in. Effectively buying them at 50% or more discount. Of course it is difficult to judge the exact bottom of the crash. I have for instance added to my bitcoin position at 10k because I thought it would not go any lower.

Good advice, i have taken the liberty to add my take on your steps in green color inside the quote.

[Dontme]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

It's nice, good advice from you I am approved about your advices especially the traveling yes that's correct in order to forget about crisis you should have vacation, you should travel with your family. Go make gun and enjoy this time with your family. Then after that you will see more improvements about the market maybe there are more possibilities that you will see better improvements.

[Caladonian]

If you are a crypto newbie start from point 1. If you already invested money into cryptos then start from point 2.

1. Invest only the amount you can afford to lose without even sweating about it.
2. Wait for the rise of the value of your investment around 2x and then pull out the amount of your initial investment. This way it's like you never invested and you still have a profit, and a portfolio.
3. When you receive some extra profit put that aside too - open yourself a little "crisis fund".
4. When the crisis happens, look for the prices of travel to the tropical country you always wanted to visit.
5. Activate your "crisis fund".
6. Take your family on a vacation and enjoy the sunshine while everybody else is panicking.
7. Return from the vacation and irregularly check your portfolio to enjoy the rise in value.
8. Repeat steps 3-8.

This kinds of mindset is really helpful to avoid wrong actions when crisis happens with your investment, I like the way you bring the ideas that you 'should
just need to be more patience and just cool it up even in the time of some downfall, better to stay with your family and relax for a while go back when you feel that something is already been accomplished.