How to handle tough times in cryptocurrency?

[deppil]

I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.

Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue

[1714604728]

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[Oilacris]

I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.

Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue

Depending on the coin you are holding on.If price swings can go out on big pips or gaps then selling out some part would be the best option yet it can really give out the
chance to lessen the risk when the market tends or starts to fall rather than doing yourself holding purely for the whole time.
Sometimes holding too much do have significant disadvantages.

[harleymasters]

holding is not a reasonable choice in the market at this time. In my view, the market is still in a downtrend if you can accumulate in the same market to get the most profit when the market warms up.

[ethereumhunter]

I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.

Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue

Depending on the coin you are holding on.If price swings can go out on big pips or gaps then selling out some part would be the best option yet it can really give out the
chance to lessen the risk when the market tends or starts to fall rather than doing yourself holding purely for the whole time.
Sometimes holding too much do have significant disadvantages.

Yes, I agree. It depends on the coin itself because most people hold various coins and many of them hold low coin price which they bought at the high price. And if they sold in this time, they can get a big loss but I am sure that they can recover their losses by buying another coin which has a chance to increase at this moment. Holding the coins may be a bad idea, but we don't have a choice and if we cannot sell right now to cover the losses then hold is the answer.

But selling some part of the assets can be a good solution, and it will work well if we can trade in this time so slowly, we can recover our losses, but it doesn't guarantee for every trader to do this because it needs the skill to analyze the coins at the market. The best thing that we can do right now is only waiting, keep trying to buy the coin and sell if we have a chance.

[Mpamaegbu]

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?

How we get to be wiser on the hindsight of events after they unfold. Even the time the OP thought we were having a bad time was a favourable moment for cryptocurrency. No one saw this crippling moment coming in Bitcoin. I believe those who even foretold of a crash never expected it would get this bad. So, what do we do at a time like this? For me, I just sit back and watch the market sort itself out. Believe me, anyone selling now won't be selling for a profit. So, why sell at all?

[bitbunnny]

When the situation is bad and market red as now it's very important not to lose your patience and to control your emotions to avoid wrong decisions and panic selling. This is not always easy but these things come with experience.
Don't ever forget that investing in cryptocurrencies is risky and volatility is something that you should always count on. If you are not prepared for that you better don't go into it at all.

[LuvCyanide]

Treacherous Bitcoin. No one knew it would fall so hard. Recovery to the previous level may take a couple of years.  We can only wait for growth. It is impossible to fall below the present level.

[lamadu3]

holding is not a reasonable choice in the market at this time. In my view, the market is still in a downtrend if you can accumulate in the same market to get the most profit when the market warms up.

I think, besides trading, we all need to have some hobbies and sure, a stable job. In this case, you will simply have no time for any panic. You will become the holder and wait for the better times on the market.

[astridwi]

if we have decided to trade, the risk that is owned by the company is large because crypto has crazy fluctuations and we must understand this. if we are in a losing condition in the sense that market prices fall far, to reduce losses is to keep holding coins until prices improve and we turn into profits

[Cosbycoin]

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?

A lot of people keeps telling you the same story when you ask this question on what to do when things are getting rough like this, they keep telling you to hold your cryptocurrency. Cryptocurrency is a risky job to do, and if you are investing just have it in mind that you can lose that money at anytime.

When things gets rough and you can’t take that risk, then the best thing for you to do is to just withdraw the funds you have invested and keep it somewhere else where it will be safe till everything gets back to normal.

[deppil]

I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.

Could it be the right choice with holding? while prices continue to weaken throughout this time? I choose to sell part of my assets then buy when prices go back down and sell it as much as possible when prices go up. it reduces losses a little bit. rather than just waiting when these bad conditions continue

Depending on the coin you are holding on.If price swings can go out on big pips or gaps then selling out some part would be the best option yet it can really give out the
chance to lessen the risk when the market tends or starts to fall rather than doing yourself holding purely for the whole time.
Sometimes holding too much do have significant disadvantages.

Thats right. thats why I don't prioritize holding as the first choice. of course I will look at the market conditions of the coins I bought first. if the conditions get worse and there is nothing that can hold the price of that coin to stop going down then I'll sell it maybe everything. and look for other time and ways to recover losses

[2girls]

I advise you to keep coins and not sell them. Analyze the situation on the market and you will understand that this is a correction. If you do not know how to analyze, then learn. This knowledge will be useful to you.

Soon we will mark a year jubilee. Almost 12 months have passed since that time when the market started the fall. Suppose, traders and investors had enough time to understand how to handle the stress.

In the event that there was outright sureness in Trading, trading couldn't exist. There is improving and diminishing probabilities and when combined with hazard the board, your trading procedure can be reliably beneficial, which is the manner by which a few people make a profession out of it.

[proTECH77]

Don't just rely in cryptocurrency investment. The best move is to invest not with your money but the excess money to your daily budget in order for you to hold in cryptocurrency. If you will sell all of your coins in the mpst cheapest price definitely, you just throw away your capital.

In addition diversification of portfolio is very important and must be seen as a backup in the world of cryptocurrency. I have not only invested on cryptocurrency but i equally invest into stock, any way is favorable to me at a time, which makes me be able to minimize my looses.

[LittleMermaid]

Don't just rely in cryptocurrency investment. The best move is to invest not with your money but the excess money to your daily budget in order for you to hold in cryptocurrency. If you will sell all of your coins in the mpst cheapest price definitely, you just throw away your capital.

In addition diversification of portfolio is very important and must be seen as a backup in the world of cryptocurrency. I have not only invested on cryptocurrency but i equally invest into stock, any way is favorable to me at a time, which makes me be able to minimize my looses.

That is good to secure all the ways to have minimal losses as possible

[devinks]

if I when it comes to difficult times we have to stay calm and accept it well so we don't lose. and that in my opinion has often happened to me, the most important thing is not to be careless and panic when the difficult time comes.

[Ranly123]

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 then, we are at the price of $4k. How was your investment going? I can feel the loss you have but let's just be strong to have patient that it will soon reach or surpass it's previous ATH for us to recover.

[Gibreil]

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?

Hold your coin! If you are going to trade in cryptocurrency, be sure that you will input an enough capital. If you are in a long position, you can hold it till the market will be fine.  Well, it could take years before you will appreciate the market again. It will be tough for the market to recover specially that people are intimidated to invest.

[Lpim01]

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 then, we are at the price of $4k. How was your investment going? I can feel the loss you have but let's just be strong to have patient that it will soon reach or surpass it's previous ATH for us to recover.

We may not think for another ATH again as it hard to happen. In the even that regulation will started, we might see on the price controlled by the government and that's we worried about. I'll be satisfied even won't climb up high but at least we saw it in the range above $6k.

[WebdeveIoper]

Just remember that 1 bitcoin = 1 bitcoin. Nah joking, you just focus on other stuff and wait. In the long term the wait will pay off. It's not easy, but it' s going to be damn rewarding as soon as it pays off! 

[cjie]

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?

When you are in the losing position, HODLING is the best option. You need to exercise some patience for the market to regain itself back. There is no market in the world that doesn't have challenging of up and demand because of demand and supply.