How to handle tough times in cryptocurrency?

[Leonard2016]

always see the market were red indeed very boring that even some of my friends has decide to cut their loss because they have already reach their limit of patience but as i believe in crypto too then i decide to hold my bitcoin and altcoins for almost 3 months and after seeing the current chart that the market were green again i think i had satisfied with my decission

seems like we made same decisions , but i think this green market wouldn't last for a long time coz it is too shady bitcoin rises 1000$ in half hour?!
seem like a trap to me , i just look it and wait to see if it's not.

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[nieninja53]

In crypto trading it is too much tough thing to handle the situation when you are in loss and you need money, this situation may be occur with some traders and the good thing is if you have some spare to meet this tough time,

[hurriebra49]

I handle some tough time with my salary and I do trade with cool mind and wait the market because I do trade with my spare money because my friend guide me in this way so that is why I feel not too bad in my tough time,

[Kelvinid]

In crypto trading it is too much tough thing to handle the situation when you are in loss and you need money, this situation may be occur with some traders and the good thing is if you have some spare to meet this tough time,

Yes i must agree with you.I also experienced the same thing but  i never jump into panic selling because for sure i'll only loss more.I just borrowed some amount of money from my brother and promised to pay him when btc price increases again.And now that btc is starting to recover and grow its price again,good profits are already waiting ahead.

[Oceat]

In crypto trading it is too much tough thing to handle the situation when you are in loss and you need money, this situation may be occur with some traders and the good thing is if you have some spare to meet this tough time,

Only if you have the skills you will not gonna have to handle things too much with pressure but sometimes you will have to relax yourself when things get too tough due to the price volatility. That's why there are tips out there that was telling you how to handle things when in tough times but i forgot the link of it and i couldn't find it here. I'll show it to you if i ever gonna find it.

[qwertyup23]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

Diversifying your investments by allocating them into different sectors can reduce and mitigate the damage once the market falls. Though there is also the potential of all the prices of cryptocurrencies decreasing, it reduces the risk of losing all of your resources in the event of a market crash.
Another thing, establish your investments by differentiating each either for short or long-term since some coins are profitable for short-term only. Bitcoin, on the other hand, depends upon your goal as its volatility calls for short-term but its price calls for long-term.

i think the best part of tough time that is if you invested good and you have less capital then in my opinion hold and survive the situation as u can and if you are good then may be people knows what they have to do most probably people take decision good because they are good in there work and in alt coins  there is some coins where we can putt mind in there and invest and we can get profit with shot trading.

People should invest the amount that they are willing to lose. Investing, in general, revolves around the nature of risk and you should understand that there is always the potential of losing your resources depending on the situation around the world. Likewise, this also depends on your financial status if you can handle the dumps. If you think that you need cash due to an unprecedented situation, then withdrawing them might be the obvious choice.

[niceone]

Well i guess the hodling thing is the right decision, try to relax some time it'll help you make a much better decision it is normal to lose some in the market but i'm sure that you'll profit much more sir just by making those right decision.

[mudasarali43]

This is the compulsory thing that how to handle tough times in crypto currency because your all investment is depend on crypto market and if market goes down then you have ability to accept this situation,

[risatrakib]

If i am at the losing position then holding is the best option for me . We all know that any coin that currently in dumping position  , will pump again . So we have to hold until we get profit .

[Wilsonong222]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

Diversifying your investments by allocating them into different sectors can reduce and mitigate the damage once the market falls. Though there is also the potential of all the prices of cryptocurrencies decreasing, it reduces the risk of losing all of your resources in the event of a market crash.
Another thing, establish your investments by differentiating each either for short or long-term since some coins are profitable for short-term only. Bitcoin, on the other hand, depends upon your goal as its volatility calls for short-term but its price calls for long-term.

i think the best part of tough time that is if you invested good and you have less capital then in my opinion hold and survive the situation as u can and if you are good then may be people knows what they have to do most probably people take decision good because they are good in there work and in alt coins  there is some coins where we can putt mind in there and invest and we can get profit with shot trading.

People should invest the amount that they are willing to lose. Investing, in general, revolves around the nature of risk and you should understand that there is always the potential of losing your resources depending on the situation around the world. Likewise, this also depends on your financial status if you can handle the dumps. If you think that you need cash due to an unprecedented situation, then withdrawing them might be the obvious choice.

Thank you for reminding me; this is the best reply yet I have read. Diversification is still the best strategy to do in order to mitigate the risk of losing in cryptocurrency. Protecting the whole investment thru divergence is one of the oldest strategies yet the most effective one.

[vv181]

If you’re at the losing position what is the best thing to do?

Cut your losses or let the patient game began.
Well, personally, I always set a stop loss order on a significant support level. So, in case something bad happens, the losses are not too big. It is important to set a stop loss in this insanely volatile markets.

[RenBct]

It's hard. especially when you loose alot. but you will lessen the stress if you gain more experience. but of course you can't have a 100% no loss.

[PX-Z]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

Holding tight of your bitcoins is the best thing that you should do if you're now at the losing position. why? Because bitcoin always been able to surpass all of its trials since it started, and i truly believe that bitcoin is still able to survive today and into the future, and it's already proven and tested by a lot of holders and also by my self.

[Omegasun]

It's hard. especially when you loose alot. but you will lessen the stress if you gain more experience. but of course you can't have a 100% no loss.

Tough times will make us stronger, it's better to experience tough times now than later that we put too much expectation on it already, tough times can give us an idea of what real market is.

[Roukawa]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

All of your sacrifices will paid off. As of now, the price of bitcoin continuously move up. If we have patience to hold our bitcoin, we will not lose our capital. In order to gain profits in trading, we should wait for a right time to move. Bear market makes as more tough. Everytime we encounter a crash, our emotions tend to change, fear and doubt crossed in our hearts. We tend to give up and sell all our investments but we never did it because we believe in bitcoin.

[BlueStackz]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

Diversifying your investments by allocating them into different sectors can reduce and mitigate the damage once the market falls. Though there is also the potential of all the prices of cryptocurrencies decreasing, it reduces the risk of losing all of your resources in the event of a market crash.
Another thing, establish your investments by differentiating each either for short or long-term since some coins are profitable for short-term only. Bitcoin, on the other hand, depends upon your goal as its volatility calls for short-term but its price calls for long-term.

i think the best part of tough time that is if you invested good and you have less capital then in my opinion hold and survive the situation as u can and if you are good then may be people knows what they have to do most probably people take decision good because they are good in there work and in alt coins  there is some coins where we can putt mind in there and invest and we can get profit with shot trading.

People should invest the amount that they are willing to lose. Investing, in general, revolves around the nature of risk and you should understand that there is always the potential of losing your resources depending on the situation around the world. Likewise, this also depends on your financial status if you can handle the dumps. If you think that you need cash due to an unprecedented situation, then withdrawing them might be the obvious choice.

Thank you for reminding me; this is the best reply yet I have read. Diversification is still the best strategy to do in order to mitigate the risk of losing in cryptocurrency. Protecting the whole investment thru divergence is one of the oldest strategies yet the most effective one.

In the world of the crypto currencies, you get to learn so many things with time and after spending enough of the time in doing the things related to it, you get to know the best thing to do and that is the only way of making some good earning.

You need to remain consistent in your work and that you need not to make any kind of hasty decision as this will only result in loss of your money.

[ASHLIUSZ]

We don't know when the tougher times of cryptocurrency begin or when it is gonna get to an end. Each and everything happens in an unpredicted time period. Very few get to know prior about the price fluctuations which is upon the continued analysis about the market moves. To handle tougher situations in my opinion is to hold the assets, because the market will retain after some time gap.

[upsidedown75]

We are indeed the tough times of trading or investment in cryptocurrency. After the ATH of Bitcoin last year, we are now at the stalemate at 10K USD mark for almost 2 weeks and no sign of going up. I was thinking to hold for as long as I can since I believe in crypto.

If you’re at the losing position what is the best thing to do?

First of all, some of you are being killed by your stupidity and greediness. Even before you get into trading or cryptocurrency you’re being told that there are lots of risks involved in it, but you still will go ahead and invest an amount of money that you can’t afford to lose and even put in all that you have, which is quite a stupid move. Most people believe that the price of Bitcoin will continue to go only up and will never go down. How can you be thinking such a thing when you know that Bitcoin is volatile, meaning that it can fluctuate to any direction in any time. So if you’re losing and you can’t take it, then you deserve it.

We don't know when the tougher times of cryptocurrency begin or when it is gonna get to an end. Each and everything happens in an unpredicted time period. Very few get to know prior about the price fluctuations which is upon the continued analysis about the market moves. To handle tougher situations in my opinion is to hold the assets, because the market will retain after some time gap.

The thing is that you should just accept it whenever it happens, just take it that whatever that happens has happens and there is nothing you can do to reverse it. And that’s the truth, you can’t reverse it, it has already happened. If you’re in a position where you are losing money in cryptocurrency, all you have to do is have patience and up your games in the next time so that you don’t lose again.

[loof99]

Just calm down and think positive that everything is going to be alright and fine. Don’t ever do panic thing
because I’m  telling you if you are going to that it can’t help you think what are the right things to do in this kind of situation.

[devollito]

I am holding because i also believe that crypto will comeback again. Bitcoin will pass its all time high sometimes in the next 3 years. And i still believe bitcoin it self can go through 1 trillion marketcap. And ethereu maybe can reach 1/10 of its price or maybe above my predictions.