How to handle tough times in cryptocurrency?

[logicgate]

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?

do not think that raising something inferior to the mind if you can hold it as long as you can not avoid it in the way you just want to use it right

  Yeah it is true that we need to save high amount of bitcoin because we cannot rely or avoid the lower price tern because most of us are here today to win the floor and get higher profit, for me now we should be confident about our investment that now is eh best time to get profit, rise and fall happen but we can avoid risk at the dip with the help of our skills and knowledge.

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[Cliparts]

How do you handle tough situations in your life? You just  need  to stay strong even worst things happened so it's just the same that can be applied in crypto. You don't focus on the negative side but on the positive side, the result after all of the things you've been through.

That is right and could not agree more. Tough times in crypto can be handles by staying positive about the investment you have made and not loosing hope and trust in some thing you are passionate about. Besides, in the red market, holding is a best strategy which helps you avoid the loss. It is like you invest in property and wait until the value goes high and you cash it. Same is the case with crypto. We might have a good market soon till December and all the loss people have incurred in crypto will recover.

[karungbitcoin]

In crypto exchange we can only make profit when the price going up, so when the price any sign to continue going down is better cut loss it and buy back at lower price. Or we can move that BTC to others platform like Bitmex that possible to make profit from bearish market, we can increase amount of BTC in this platform by make long and short potition with options to use margin level. And later when the price of BTC going up again, we can make better profit.

[tanghere02]

As most traders here would say, never spend something in trading wherein you cant afford to loose. And since the price of bitcoin now has been stable at around $6k+, I think it would be better to hold on to your coins for a much longer time because the increase is not happening that soon yet.

[jakezyrus00]

You know guys is cryptocurrency there are no such thing as "sure money". If now you have thousands of dollars maybe sooner or later it will consumed all and you don't' know when is the next payment you will received, that is the time the "tough days" will come. So I suggest, if you have some money now, do not consumed it all for nothing, instead invest it to some business or maybe just save it. In crypto, we can't expect something sure unless you are already billionaire.

[Webberson]

As far as cryptocurrency is concern, there will always be tough times because there are several factors that affects digital currencies which do occur from time to time. Being able to handle these tough times, would be you being able to see cryptocurrency in a positive light and having a mind of optimism.

[Hammonds]

My experience when trading Cryptocurrency when the coin I bought and the next day his coins 10% decreased his estimate then I Stoploss, because if falling too deep then the bigger when I stoploss.

For the current time, where the Bearish market then I suggest it to hold more FIAT than Cryptoucrrency, because now if holding Cryptocurrency is too dangerous because the price is getting down and down.

[Sadlife]

I believe analyzing the price and anticipating whether it will go down or up is the best thing to do because you'll know whether to buy in or not. Also if your investment is bitcoin dont worry in losing profit because it will eventually recover this is how it always been for bitcoin. I suggest cutting your loses in unknown alts and diversify your investment in popular ones.

[manismanja]

to control the time in the world of cryptocurrency it seems you are better trading with just relax and do not spend too much time for trading, because trading is very easy just pairs of buy and sell orders only.

[nealdlover]

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 best to hold. That is the best way to avoid losses. Long-term investment is a highly valued strategy in the Cryptocurrency market. The holding period is from 2-3 years. It is a perfect time to get great returns from your portfolio. Besides, you have to trust your portfolio and be less anxious. you will succeed.

[Gameroid]

to control the time in the world of cryptocurrency it seems you are better trading with just relax and do not spend too much time for trading, because trading is very easy just pairs of buy and sell orders only.

Trading is a profession and for becoming a professional you need to work hard, learn and practices, you need to study the market every time. it is not just to buy and sell, but you need to get different information about the market from different places. you need to get the opinion and analysis of the expert people and only then you may be succeeded in trading.

[Ryshelrayne]

I handle hard times by doing airdrops and bounties. Also by reading bitcointalk posts. Its like going to a therapist. You get to say what you are feeling and you get to read what others are thinking. It also takes time away from me checking my portfolio all the time.

[SirLancelot]

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 takes patience to go through all these hard times in crypto currency. It is not easy as many thinks it is. That’s why you’re being told to invest the amount you can afford to lose in case things don’t go as planned. Always invest money that won’t affect you later if it doesn’t work out or if you lose it.

But if you invest all you have out of greediness ,then I’m very sorry for you cause you will regret later. As for now, all we need is patience, and things will get better soon.

[Frob1992]

difficult times in crypto are everyday as in any commercial enterprise. things may be tough for the duration of a few times but all we want is endurance. there's no need to panic because you could make horrible mistakes whilst you panic.

[mabell943]

To handle tough times in cryptocurrency you must know how to handle your patience first
because everything in this business is not easy as you think, to be one of the successful investors or traders.

[TURBOCottonnmouth]

In order to handle tough times in cryptocurrency one needs to have other sources of income, i.e. day job, savings, etc. Otherwise, you are very likely to do something really dumb, I guess. Some kind of a backup helps you keep calm

[yonjitsu]

The only thing that i learned and became my resort during tough times is hodling and never complain about what is going on on the market. We can't control the events and much more as the price goes down but we can control our loses if we are able to hodl/hold our assets.

[Bosx1ne]

Having strong hands, you can ensure that you can handle unexpected situations. Improving your self-control is one of the best way for you to increase your patience and also for you to control your emotions.

[MMnoob]

I always participate in bounty programs to keep my income stable when the market is bad and when the market starts to improve my assets increases.

[sumanto]

to overcome the difficult times in cryptocurrency you should secure the assets you have and re-enter when conditions in exchange are back crowded again so you can get profits that very much.