How to handle tough times in cryptocurrency?

[davinchi]

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 invested little percentage of your net worth, you wouldn’t be worrying too much about the price that is down right now. Next time if you want to invest, go with as little as 1% to 5% and not more than that, so that no matter what happens, you wouldn’t feel bad about it and you will also be able to hold it for a long time till you get profit. And always have backup, keep some coins in tether and have some fiat in case…

[BlackPanda]

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 invested little percentage of your net worth, you wouldn’t be worrying too much about the price that is down right now. Next time if you want to invest, go with as little as 1% to 5% and not more than that, so that no matter what happens, you wouldn’t feel bad about it and you will also be able to hold it for a long time till you get profit. And always have backup, keep some coins in tether and have some fiat in case…

Yes it is right that we must be able to divide the portion of the investment that we have. Don't invest too much because as we know that the risk of investing in the world of cryptocurrencies has a high risk. Share some of the assets we have and make a safe limit to something with our abilities. Don't overdo it and don't be greedy, we will get satisfying results when we can make the best decisions possible.

[deppil]

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?

Thanks because i survive the year of worse in trading due to the  bera market
Let's forget about it lets face another wheels of fortune for this new year
Hoping bitcoin and crypto currency will get into good strong market

That's what you have to do. you cant =just continue to be sad and regret last year's loss. it will only worsen the end result of your trade. better now you have forget all the losses and start with a new spirit so that you are not affected by losses. because it can scare you

start new sheet in this early year.forget about bitcoin price crashing last year, as long as we didnt sell it yet someday our asset value recovered.with new spirit in this year we have to learn from our mistake and improve our skill in analizing market and projects.

If holding is the best way for you. because you are sure of the coins you bought. then hold it dude!
and if you want to make a profit again. Look for a loan, or take funds from your backup plan, or sell some, for trade purposes

[Periodik]

There were a lot of decisions made. Some sold their BTCs and other coins right at the breaking of the ATH. Some also sold theirs after a month or two of serious dip. And then there were a lot of people who believed that the last ATH will once again come back after 6 months at most of red candles. They were left hanging as they kept on HODLing to their coins despite the very sad reality of the market that lasted for a year. I was one of them. The next thing that I thought was necessary after suffering a big loss was to keep on HODLing until the market recovers. I am still a strong believer of crypto, especially of BTC, that's why I don't mind waiting for a little more while. At the end of the day, the prices will always come back and even surpassed. 

[WatchMaker]

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 first thing to do when the market is going down is to cash out your money 💰. Whenever you noticed the market is unstable the first to do is cash out all your money to cut loses. If you don't cash out in time you'll end up losing lots of the money while all the market smart cash out their money.

[Tiger 8.8mm]

Simple Formule by the Great Warren Buffet sir.

Buy Right And Hold Tight….!!!!

Thats Enough.

[OptimusPrime:)]

If you have no idea how to cut further loss or idea of market cycle.

Learn TA.
Understand blockchain technology and projects you are invested in.
Follow people like Tim draper, Mike novogratz and others. Listen to their interviews.
Write down your mistakes and never repeat them again.

[noxezzhd]

In any market, there are never tough times for those willing to trade both sides. That being said, I don't consider myself a pro at margin trading. I have known thanks to my research and deep disgust of present financial system that crypto is the future. Back when I invested, I put in a very small amount of fiat which I was always willing to lose. I've also been lucky in the sense that I didn't time my entry into the market but even in the worst of the bear markets, I was never under water so it has always been a numbers game for me without emotions coming into play.

[mornabo]

In investing money for crypto and becoming a trader, first character that we should have is patience and we have to be wise on trading. We should have enough knowledge specially in handling tough situation specially with the market price now.

Right, patience is the first thing every trader and investor must have. because in the crypto market, not every time the price in the market is always in good condition, sometimes the price falls and stays in a low position for a long time, that's where the patience of each investor is tested

[zhekinsp]

Simple Formule by the Great Warren Buffet sir.

Buy Right And Hold Tight….!!!!

Thats Enough.

Yes it can be a best trategy for an investor but for the traders it can be little different since they have to read everything about crypto currency and act based on it,

[suzanne5223]

Simple Formule by the Great Warren Buffet sir.

Buy Right And Hold Tight….!!!!

Thats Enough.

Yes it can be a best trategy for an investor but for the traders it can be little different since they have to read everything about crypto currency and act based on it,

I agreed with what you said because crypto investors just follow the market while crypto trade deal with the market every day and the way to handle tough times in crypto currency is not been greed, knowing the right coin/the right to invest, be patience and exit the market at the right time.

[emberbekas]

As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.

[logicgate]

Simple Formule by the Great Warren Buffet sir.

Buy Right And Hold Tight….!!!!

Thats Enough.

Yes it can be a best trategy for an investor but for the traders it can be little different since they have to read everything about crypto currency and act based on it,

 Traders will have to move according to those trading strategies which they are having a plan to trade for the long term they can handle that time by holding because this way you will not have to struggle more than just holding. I use to face it with help of holding and making a plan as buy cheap and hold until it rises huge to max increase.

[Coyster]

As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.

It's imppossible to do anything when we're actually losing just as you have said and the reason is because we have no effect on the price of cryptocurrencies and also based on its unpredictable nature
And since we cannot change a falling price and revert our loss,its best to adopt strategies that reduce such loses,such as the stop loss technique and investing with a small amount of money

[playboy654]

As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.

It's imppossible to do anything when we're actually losing just as you have said and the reason is because we have no effect on the price of cryptocurrencies and also based on its unpredictable nature
And since we cannot change a falling price and revert our loss,its best to adopt strategies that reduce such loses,such as the stop loss technique and investing with a small amount of money

Don't think about yesterday the next day will be not good does you expect when you think about the previous day think what you are doing now will be the more important for the future this will help you to leave the negativity in your work

[Dreamchaser21]

As trader, that does not mean we must always actively make sell and buy orders. Sometimes we also have to wait for the right time to return to the trading platform again. So, to overcome the tough times, we can do other activities, entertainment things will be better.

There’s a thing called long term trading because the market will not always move in favor to your target price so we really need to wait for the right time before we trade again. Its good that we should look for other things and don’t just give up because of the market trend. Tough time will make us better for the future, you should treat it well.

[TomArayaSlaya]

Just be very watchful of the market and try to make sense of the wave the market is heading to dont just make random guesses research and hope for the best Also use less resources in asset till market seem to recover

[Aivaryamal]

Bitcoin fell from the date of writing this post three times, in this case, we can only wait for a new maximum!

[Victorycoin]

Just keep watching the market and HODL!

Either you can hold or sell. If you are optimistic that it will not fall to much then you can but if it seems that it will drop too much then why hold. Just sell it and again buy it once you think it will move. And, also you can use stop loss formula.

[Greed Dev]

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 we should not continue trading or investing anymore. Let your mind rest for a while until you prepare for a powerful return.
Don't force yourself to do what you don't want to do. Stop trading and observe it. I believe that in a short time, you will be able to design your new strategy and it will work.