How to handle tough times in cryptocurrency?

[Wilsonong222]

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?

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[gon]

Never use money you can't afford to lose for trading and you will never have a tough times.

Yes, prices are moving, this time down. But this happens in every market eventually. I'm trading as usual.

[man22555]

Always keep some fiat money (or Tether!) to rebuy in times like these. This will grant you a very nice profit. I was able to increase the amount of coins in my portfolio by +30% since January.

Never panic and stay calm until prices explode again. 

[iqlimasyadiqa]

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?

Until now I still believe in Investments in Bitcoin and digital currencies. It's been a long time, but for me this is a process in Bitcoin's much improved development. None of the instances and previous world of digital currencies always show surprise, we will see it all happening and Bitcoin prices will increase, we all just need to be patient and wait until the time comes.

[Vaskiy]

Handling tough situations in bitcoin is very simple, and for the same user doesn't need to make big decisions. Just have trust upon the growth of bitcoin as well other digital currencies, because when years pass technology will contribute bug to the population. It's is good to just hold with patience unlike the price variations.

[Sahyadri]

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.

[Baofeng]

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 don't do anything. I have my money in fiat that's why I'm not bothered by wild price swings on the market. And I also invest what I can afford to lose that's why I can stay away and not be affected specially that the price is somewhat stalling at $9K-$11K.

Of course patience and time should be on your side. After the frenzy of December 2017, everyone thought that we are not going to see bitcoin failing below 4 digits. But last February we are all shocked to see it go down and just today as well. So you need not to be emotional as this stage otherwise you might be affected and finally decided to push the sell button which is not right at present situation.

[GoogleBit]

... don't move.

[alyssa85]

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?

Don't watch the prices constantly, you'll drive yourself mad.

You can also lend your coins out on Poloniex which should help you increase your stash of bitcoin. Over time you should make enough to ensure yiu don't have a losing position anymore.

[fatirborju]

There are times when the ambition is very important but not always big enough to motivate you to move forward, you should also not be too focused with the rise and fall in prices that will make you weak, and it's good you to do research and learn anything that can be useful to the business you......

[Bobby park]

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.

[SummerBliss]

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 good at trading and have experience you will know that you must invest the amount you afford to loose which don't push you into depression or you can have extra funds to cover losses and buy some additional coins at the time of dip.Don't even sell all your investment in panic by doing so you lose all your profits and capital.Tough times can be covered easily by holding on your nerves and when boom period comes you can enjoy the profits.

[audaciousbeing]

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?

At this time, since a losing position has already set in, there is nothing to be done than to manage it so I see only two options at this but what matter is the aftermath of the decision because that is where either happiness can set in or some unending guilt which might not leave for a very long time.

1. Set another lower point based on the amount of loss you can accommodate at this time and sell if its falling below that point.

2. Wait till the time that the market might take a positive turn of events of course this would seem very difficult especially if you are active on the forum where price panic is being posted here and there. But if you can close your eyes to checking the prices and set like a month to see things, you might be surprised on how price might have recovered.

[litepresence]

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 will also hold until my lost hope. I have a great hope towards the cryptos, right now its time is down but market will surely gain up. I will never panic and never check for the prices constantly where its up and down will make my bp to raise. I will stay calm and make a technical analyse of the current market and my decision will be based upon that.

[Findingnemo]

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?

We loss our patience levels in sometimes it is because of some reduces with our investment it feels very bad for not only me but also many of people like me so this is only one way to control to hold your patience however your you win in your target . Hold more days get bigger profits.

[okala]

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?

Actually I don't understand why bit coin should be hoving around  $10,000 for the past 2 week and I have give it a thought that bitcoin should be at a very high volatile since the end of last month. We are at a time were we would need a positive fundamental analysis and also using experience to find out why price has be were it is and there is no moving on.

[bozo333]

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?

Few peoples are only stuck this time but many investors are experts in crypto platform so they are all prepared in that situation they will face it whatever happens in the crypto market. The good traders are thinking three ways of the crypto trading so don't think narrow mind then only survive this platform it is my ethics.

[whirlcoin]

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?

Just make use of that tough time into money,if the price keeps dumping for a while then sell that coin and then buy when the price starts to recover so you actually can make money by doing this and when it comes to bitcoin surely this method will work.
Or just hold and never trade it for lose and then don't invest the amount that you can't afford to lose.

[Caladonian]

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?

Trace back everything and your worry would be lessen, I mean crypto have its downfall and what we needed to do is just wait, keep buying more and never to fall into panic, bitcoin and other quality alts will bounce back, the market will be healthy again, most of the time those who holds for long time
are the biggest earner inside the crypto industry.

[crisanto01]

Whenever I am seeing that my investment is losing, I am also losing some part of my life so for me, whenever I am losing hope of feeling down I am just staring at my family and seeing what I would love to see in their face after many years, so I have to work hard and never quit.