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Author Topic: How to handle tough times in cryptocurrency?  (Read 3151 times)
nydiacaskey01
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June 28, 2018, 11:02:39 PM
 #201

In tough times like this I do't gamble too much, I don't want to take a risk. But, I buy more ETH in times like this at $425 USD, its seldom that you see ETH this low. Other Crypto in the top 10 list is also on bargain lately. Weekeds is a good time to buy at low price and expect on weekdays to slightly recover.
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June 28, 2018, 11:04:02 PM
 #202

I usually miss good selling points before such times, so I have nothing to do and sometimes I trade for the bad price, if I need money.

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June 28, 2018, 11:07:05 PM
 #203

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?


well, for sure the situation in crypto world isn't bright at all, but I think we'll see it's improvement by the end of the year. Despite the fact that capitalization has decreased from 300$ dollars to 250$ dollars within just a month, the amount of money involved in crypto is still huge. Don't panic. I think holding is the best strategy at the moment.
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June 29, 2018, 12:23:06 AM
 #204

Tough times in crypto are normal as in any business. Things may be hard during some times but all we need is patience. There is no need to panic because you can make horrible mistakes when you panic.
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June 29, 2018, 12:30:52 AM
 #205

It’s now not definitely easy to deal with a hard time, it’s usually excellent to keep away from it before it occurs. i have learnt to be using one approach and this is to withdraw and reduce my loss quick before it turns into a big loss. whilst the fee got to $19000 i was looking in addition to more upward motion, however it in no way showed signs of going in addition, instead it dropped to $18k, so I withdrew before more loss takes place. That changed into a large income I made lower back then, and that i made greater investments when the fee went down.
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June 29, 2018, 03:06:45 AM
 #206

to deal with difficult times in cryptocurrency you should not be too focused to meliaht price at the place of exchange better you just put a buy order and sell order and after that you focus on your work in the real world, make bitcoin trading as a side job first.
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June 29, 2018, 04:25:48 AM
 #207

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 are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.
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June 29, 2018, 04:36:47 AM
 #208

If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.

It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup.

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Nerman
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June 29, 2018, 04:43:36 AM
 #209

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 you should not be in the position if you have a stop loss but since you are already there switching your strategy  to investing will be an okay strategy because sooner or later the market will recover. As of now you only have paper loss and you will only lose real money when you click that sell button.

Me personally I have coins for trading and coins that are for investing, You can try to just put in a little more money and buy new coins that you could trade and make sure you will follow your strategy and keep the other coins for investing.
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June 29, 2018, 06:26:18 AM
 #210

to control the tough times of cryptocurrency you only need to short-term trading or if you are afraid then you can stop to trade first in order to avoid the risk.
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June 29, 2018, 06:55:34 AM
 #211

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 excellent thing to do in tough instances in cryptocurrency is live calm, compose and don't panic. so that you can think without a doubt. and you may now not cause a selection that you'll remorse in the future.
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June 29, 2018, 06:58:37 AM
 #212

Now, the hardest time of electronic money is coming, almost everyone is afraid of electronic money will collapse, but do not worry too much, do not sell your coin, please hold the market will recover again.

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June 29, 2018, 07:01:21 AM
 #213

I think that it's better to experience bad times through good thoughts, you need to think about those times when growth will come. I think that it will be very soon and you must think also. I think good thoughts will warm your soul.
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June 29, 2018, 08:30:27 AM
 #214

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?


handling tough times is more likely handling the pressure in the market, the market is very simple, invest when the market price is dumping and sell it again when it goes up, the problem will only occur if you cannot handle your patience when the market price are decreasing.
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June 29, 2018, 08:46:58 AM
 #215

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?


So did you keep on holding or just sold your Bitcoin already? I wonder of how many of us feel become so much disappointed now if they keep on holding too just to counter this hard times as the Bitcoin price falls already as low as $5,800. This is very much difficult to handle than before in which the price is at $10,000 that i was very confused on what to do now either to sell it or to keep on holding my Bitcoin as i feel that it will dips more.
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June 29, 2018, 10:17:46 AM
 #216

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`m not as tough as you are, so I just had set the stop loss function, and it's old almost every of my coin in exchange of ETH, so for now, I am holding almost single ETH, lol.
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June 29, 2018, 12:30:26 PM
 #217

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?

Definitely still holding no matter what will happen unless there is an indication of going up.  Its getting mad if we saw market continuously dropping,  I'm not pretty sure everyone can manage to hold tight or they might get loose and sell off their tokens. We are not particularly in charge of bringing the entire market,  and we never take risk without chances of having something in returns.  Thus, if we can manage to face this crisis, it surely we will be rewarded in the end.
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June 29, 2018, 02:56:34 PM
 #218

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?

Definitely still holding no matter what will happen unless there is an indication of going up.  Its getting mad if we saw market continuously dropping,  I'm not pretty sure everyone can manage to hold tight or they might get loose and sell off their tokens. We are not particularly in charge of bringing the entire market,  and we never take risk without chances of having something in returns.  Thus, if we can manage to face this crisis, it surely we will be rewarded in the end.
Yeah , right and here we are not only particular numbers of person who are facing such types of loss that who didn't lost the opportunity to sell bitcoin and buy before all time high , here many of the people are like us .
And in Present time those people are in big problem of loss who bought at all time high , but here a big solution of your problem is that if we can work in every field of this field then we can make much earnings and to do work in multiple projects ( trading , bounty , Investment in new ne projects ) Result into stable earnings .
So better to adopt all possible ways also to make earnings , otherwise it will not be easy for us to handle the profit and loss in this field of the cryptocurrency because it is full of fluctuations and prediction are very rare to happen true .
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June 29, 2018, 03:39:58 PM
 #219

If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.

It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup.
Keep calm and trust that things will turn out to be on our favorable side at the course of time. It can be challenging yet if we get to remind ourselves of what our purpose is then it can lessen the disappointments and can make us decide wisely to take on new challenges. It's not going to be easy, but it's important to face the situation bravely, learn from it, grow from it, and serve it as a motivation to be stronger and be more determined.
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June 30, 2018, 05:24:55 AM
 #220

If you are always worrying about the market prices then the best thing to do is just read different positive speculations in order to determine what will happen in the prices for the next few months.

It's kind of depressing when we are already down and we read more negative news so the best way to counter the tough times in crypto is to zoom out those charts and have a point of view for the long term because even if we are more than half down from the all time high, there are still people who believe in cryptocurrency and these are people who already made a name in the industry. You just need to watch and read the opinion of those positive people so that you can be inspired too and believe that this is just a temporary hiccup.
Keep calm and trust that things will turn out to be on our favorable side at the course of time. It can be challenging yet if we get to remind ourselves of what our purpose is then it can lessen the disappointments and can make us decide wisely to take on new challenges. It's not going to be easy, but it's important to face the situation bravely, learn from it, grow from it, and serve it as a motivation to be stronger and be more determined.

If you're having problems with the negative news that's surrounding btc, then avoid reading. Unsubscribe from social media pages and lessen the times you peek at your wallet. We can't do anything if the price is declining and it's hard to stay positive when you see your assets go down si better to disconnect from time to time

 
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