How to handle tough times in cryptocurrency?

[Night4G]

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?

The best thing to do is to sell your bitcoin when its price is decreasing then if its price starts to increase , buy and invest those money that you got from selling your btc. If you cant afford losing, my opinion is to hold and wait for a big pump

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[supine]

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 kinds of investment is risky that's why aside from our money, patience is our number 1 capital here in crytoworld. Bitcoin is volatile and the price is changing unexpectedly, what we need to do during tough situations like this is just to relax and hope for the best. We must not panic because decrease of the value is just a part of it's votality.

[GoogleBit]

... the moment you feel realy bad with your cryptos, is the moment to buy. My 5 cents.

[Ctn]

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?

This is the situation when they say "keep it calm and do the karma".  You have to be very patient during such situations. If you don't keep your mind calm then you will make decisions which you will regret later on when you will see yourself in loss or when you will recognise that you could have gotten huge profits on the holdings.

So you see I'm depicting you the future here. This is what will happen if you don't keep yourself firm on your decision today. So it's in your hand now whether you have to be strong during such situation or whether you have to regret the whole thing later on.

[poplolnman]

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?

That $20k was just because of the hype. Bitcoin surged insanely from $4k in September to almost $ 20k in December and that isn't at all organic. After all that dump in January and February, the present growth can be termed as organic with BTC maintaining it's price for 2 weeks, market can be said to be maturing as volatility is decreasing percentage wise. Still, any rumor or news have decent effect on price. But market easily recovers now. A dump after a huge pump followed by a stable period is healthy for the market.

Simply just close your eyes if you think you can't deal with crazy market like crypto , it's full of unexpected things and yeah a healthy market always look for the right price , a growth like what we've seen a couple months ago could be considered as a bubble , some people dump it and it's causing corrections several times , it's like never ending dump but seriously 5 fold growth within a year aren't good for anyone , just the matter on how we analyze the recent situation.

[bitbunnny]

First of all you have to learn how to be patient, how to control your emotions and keep cool head. You also need some experience and then you will be able to survive the tough times.
This is important because from time to time there will always be tough times, you can't escape it. So when you are at losing position the best thing is to wait for the price to recover and the worst thing is to do panic selling.

[pawanjain]

If we look at the charts of Bitcoin from last year,  we can notice that the prices were decreasing until March-April and it was after that the price started to increase and gained a huge spike at the end. If BTC follows the same pattern this year too then we should at least be waiting until April ends so that we can get an insight about how BTC is going to perform over the year. Although anything could happen as we cannot predict crypto's future, we can still believe that there might be a spike in BTC's price in the upcoming few months.

[serjent05]

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?

Hodl is one of the best thing to do.  The reason for this is that, bitcoin have the ability to recover.  It is sepculated that bitcoin once saturated the whole world will increase in price greatly.  Or you can scalp or day trade.  This will t least make your time worthwhile waiting for the price of Bitcoin to go up.

[LodisMcguire]

Well just keep calm and if you have the money,keep buying bitcoin.When the price start moving,there will be profit to gain.I know it's hard to wait,but patience is the key,don't panic and keep your cool.I hope the time is coming soon.

[Stedsm]

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.

What I'm not liking here is the way people start being worried about things that are supposed to happen.
Why are you so tensed about Bitcoin's situation currently? During the beginning of 2017, Bitcoin was not even $1000.
It went more than 19x in less than a year, so this was going to happen. Do you think that anything, I mean anything in this world could survive those values for so long in a sustainable manner? Simplest answer is NO.
Why? Because investors are in the mood of making profits, and the fear of crypto bans here and there have made people start to think a few times before investing into this. The volume has gone down immensely, it'll take time to gain back confidence and till then, it's better to stuck at a value (as you said - $10k) than going up and/or down badly - it's neutral ATM and I'm happy with it.

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

Tell me one single investment in this world where you are assured that you won't lose ever?
Even Banks go bankrupt due to severe reasons can pull their hands off when it'll be their turn to pay you your money.
Though, if I were you, I would hold - and hold till my last breath because I believe in the technology. Bitcoin will survive all the obstacles slowly and steadily, don't get too much worried. The happenings are what were expected to happen, so let it be.

[rockie87]

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?

Tough times are always bound to come.It's our composoure and patience that makes us strong and very decisive with our picks interms of coin.Tough time always gives the most important lesson of life or anything. The best way to deal with tough trading period is to hold your stakes calmly and wait for the right time.

[gandhe83]

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?

Tough times are always bound to come.It's are composoure and patience that makes us strong and very decisive and with this quality

Be calm and analyze the market to see where the market trend goes. Remember to equip yourself with so much knowledge about this market that you can evaluate when the market fluctuates. Do not invest without knowing about it, it is very dangerous for your property.

[Ishiro5]

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?

It is very key to define what type of player one is, short or long term. If i am a day trader for instance and my trade is breaking all support lines with negative FAs all around BTC and/or the coin, then i cut my losses to look for another opportunity. But on the other hand, if i am a long term holder of say 6 months upwards, i just simply buy and hold in my hardware wallet until the need to sell arises and of course after a massive profit.

[Zadicar]

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?

If you did invest large portion of your money or savings then relaxing isn't really possible into these times specially when you do saw price of bitcoin is going upwards a little and then drops down on big percentage which these movements can really make you panic when you always active on seeing price movement of bitcoin.It isn't really new anymore and its always been part of crypto investment.On this cases you cant do anything about it but to wait for recovery.Dont sell out on loss because you would mess up the entire situation even more.

[Finestream]

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?

If you did invest large portion of your money or savings then relaxing isn't really possible into these times specially when you do saw price of bitcoin is going upwards a little and then drops down on big percentage which these movements can really make you panic when you always active on seeing price movement of bitcoin.It isn't really new anymore and its always been part of crypto investment.On this cases you cant do anything about it but to wait for recovery.Dont sell out on loss because you would mess up the entire situation even more.

Exactly.Just learn to wait patiently until the price recovers or else you will end up losing.I suggest do not look at the price movement every minute because it will just make you more disappointed and maybe think of panic selling right away.Bitcoin and the rest of cryptos are known to be volatile so we should expect price dumps from time to time.

[Shenzou]

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?

The only thing that we can do now is hold and wait, that is the wisest solution, because think of it, if you sell now and try to cut your loses than you are actually going to lose, but if you accept your faith and just be paitent and hold than eventually the price will go up agin and you will get your profit back, the whole market requires paitience and the ability to adapt to the situation, if can't handle a little lose its not for you.

[gemajai]

Cryptocurrency is just like any other money or stocks in the stocks market. You either win or lose. If you invested most, if not all of your money in it, you really have to worry. In the game of investment, it's not always advisable to put everything you have in one box. Now, if you only invested a part of your money, there's no need to worry. Check the price history and see if there is a pattern like how long does it take before the value goes up again, etc. Some people play it while still in the low. They only gain little but the point is at least they still gain even though the value is down.

[ufaiz50]

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?

I think surviving in crypto is a tough time because I'm used to it, maybe looking for benefits from the current condition or taking advantage of a certain moment to make a profit, if my position is lost I will take back that position maybe with another way.

[Scallywag]

you can hold till it goes up , or try to trade some more which is pretty hard right now. best thing to do and what is do is just sit back and spend a little less time on crypto. i think the market will recover in the coming months , so hold or buy some more and wait it out.

[eddyhalim]

To overcome the difficulties in the cryptocurrency market, the best thing to do is to patiently keep the crypto and wait for the price to rise again, you should not sell off, because in the future cryptocurrency will be a market that plays Very strong. Or if you have trouble with money you can sell a little to cover your life