How to handle tough times in cryptocurrency?

[Valzzz005]

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's sort of discouraging when we are as of now down and we read more antagonistic news so the most ideal approach to counter the extreme circumstances in crypto is to zoom out those graphs and have a perspective for the long haul on the grounds that regardless of whether we are the greater part down from the record-breaking high, there are still individuals who have confidence in digital money and these are individuals who officially made a name in the business.

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[sheryl26]

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's kind of demoralizing when we are starting at now down and we read more opposing news so the best way to deal with counter the extraordinary conditions in crypto is to zoom out those diagrams and have a point of view for the whole deal in light of the fact that paying little mind to whether we are the larger part down from the record-breaking high, there are still people who believe in computerized cash and these are people who formally made a name in the business.

[Ryker1]

If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.

I agree with your opinion, in order to handle tough times, we should not get carried away by our emotions, we should not panic because it may lead to a bigger loss. We should stick in our strategy instead of straying from it. As we panic, different decision comes to our mind, and I agree that we should not let our emotion decide, we should wait till we're calm, then decide.

[Gheka]

If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.

I agree with your opinion, in order to handle tough times, we should not get carried away by our emotions, we should not panic because it may lead to a bigger loss. We should stick in our strategy instead of straying from it. As we panic, different decision comes to our mind, and I agree that we should not let our emotion decide, we should wait till we're calm, then decide.

Everything will never be as simple as what you say, the price on the market is constantly putting pressure on us, over time, the crisis in us is bigger than ever, selling in panic is always a way to free our souls. Although we know this action is unwise, but endures enormous pressure from the market is beyond our limits, I am also a person who has existed in trading for a long time but sometimes I am still scared with bad times, which is very normal, what I can do to cope is just resting in the long run, limiting the frequency and exposure to trading, it helps me soothe the panic, being calm and completely eliminating emotion is something I can not do

[Potatohead]

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 your emotions and having a brave and strong belief that the market would recover soon is a helpful thing because through it, we would be able to make right decisions and we'll learn to wait for the right time. Patience is still the best key or a way for us to earn better.

[Jesabela04]

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 won't lose hope and would continue to strive for what I want here in crypto. I am a person who would want to earn better through crypto so I have entrusted my future finances and plans in it. I strongly believe that it won't fail me so I am just patiently waiting for the best time.

[Tigerw]

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 won't lose hope and would continue to strive for what I want here in crypto. I am a person who would want to earn better through crypto so I have entrusted my future finances and plans in it. I strongly believe that it won't fail me so I am just patiently waiting for the best time.

I understand you perfectly and this is a very bad situation. But there are people who invested in Bitcoin at the end of 2017, It was a level from 13,000 dollars to 15,000 dollars for Bitcoin. Such investments to date are very bleeding too.

[Elmer1]

One important thing to do during tough time in cryptocurrency is to decide before hand not to ever panic. The moment you have wherewithal and the fortitude to bear market volatility in price, you will be able to turn out good profit in cryptocurrency eventually. If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. Depends on your economical situation. If you need the money, well first of all you shouldn't have gotten into crypto with money you needed, than you can cash it out and leave because there is nothing you can do.

[patrickj]

It relies upon what altcoins you have. Indeed, some portion of the altcoins will be reestablished quite a while, a few of it may vanish. In any case, there are some that will develop and create later on. The market of cryptographic forms of money will produce for quite a while and we will see costs that astound our creative energy. In this way, on the off chance that you are not a decent and experienced trader, at that point simply hold up until the point when the cost develops. For sure it will gain in the near future.

[akashark]

To handle the bad time in cryptocurrency, you have to keep updating yourself about the market. Always try to learn the crypto market price chart, how it works, try to learn market analyze and then you can handle the bad time. For example, when you see the crypto market is going down and your analysis says that market will go more down then you have to convert your coin to USD! And when the price will start rising then again convert your USD to that coin and enjoy the profit. Maybe you got my point   

[rockyboy]

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. 

True,  do not panic during tough times,  it will not help but will cause more losses if you are going to sell your coins. That is correct, keep your money with you and buy at the very low price to gain a lot.

[Koro-Sensei]

If my money was to decrease down to 50% of the original price my decision would be holding it even it will lead to priceless bunch. As to holding BTC even if it losses the most amount I'll still hold it until I profit no hesitation is needed when holding BTC your only enemy is time.

[befriendmywater]

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?

In the Cryptocurrency market, when you are in a losing position, you should hold them. The Cryptocurrency market is constantly changing and the prices of altcoins are always falling or rising strangely. So hold on until the price goes up, hold it as long as possible. I am sure the good results will come to those who have patience in investing.

[gurang]

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

[TheKeyLongThumbI]

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.

[ahmad21]

In my opinion the best decision is to hold. If you have invested in a good and reputed cryptocurrencies, it will not remain down forever. It is sure to correct and rise. You just need to have some patience. This fear of losing more is the major reason for further falls in the value of cryptocurrencies. You need to understand that once you sold your holding or investments at loss, it would become very difficult to recover them all over again. Think of cryptos as an investment instead of getting it into small and short term trades think about long term.

[Rodeo02]

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.

true even you may have been experience and encounter a lot of negative things on here what are the best is when we can be able to manage for what we may ever have to hear about on the people that just throw and throw a lot of bad comments on bitcoin.

[dekcutbusu33]

If I think about handling difficult times in our first cryptocurrency, do not panic for some people, the best decision is to stop, take all the money they have, and stay away from cryptocurrency when the market is in bad shape.

[yanesna3]

If I think at such times we do not get carried away in a panic situation, because it can hurt us ourselves, trading is full of risks we can lose all capital because of this risk, but behind the risk there is a big advantage we have. to make the right decision for ourselves because every step we take. So we do not follow the emotion to sell in a state of loss.

If you overcome the psychological problems and stop to worry too much, then everything will be easy. Just go one holding your cryptocurrencies until they grow.

[Soots]

In my opinion the best decision is to hold. If you have invested in a good and reputed cryptocurrencies, it will not remain down forever. It is sure to correct and rise. You just need to have some patience. This fear of losing more is the major reason for further falls in the value of cryptocurrencies. You need to understand that once you sold your holding or investments at loss, it would become very difficult to recover them all over again. Think of cryptos as an investment instead of getting it into small and short term trades think about long term.

You're right, we need to have such strong determinations for us to achieve more long term goals in crypto. And that short term trades doesn't have a good effect on the market right now, and in fact it worsen the current situation which dipped the price value as well. Although the recovery was hard to ride on specially those traders who wanted lots of profit, but they should learn how to adjust the current idea because of factors to consider on.