How do you stomach the dips?

[AkiyoshiKumiko]

it's a true story when we trading bro. after three months with this job. i lost 50% my capital

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[katuhakuh]

Yes, of course, I usually only hold them when dips because I think it's better to wait and analyze the situation than to sell Bitcoin. So I'll save it for the long term because this is the most profitable way to invest in the digital currency market.

[ShowOff]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

To be honest, if i can sell it, i will sell it and buy back. But if i'm late, nothing to do except hold. Of course no one in this world not want to loss in trading activity, and holding not make us loss because not sell our coins yet.

[eaglewhite80]

Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.

but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.

Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time..

Your head will only become dizzy if you want it to, but I really do not see the reason why anyone should set themselves in this kind of condition as long as they understand the long term benefit of what they are holding.

Dips and downtrends are very normal in a market and what makes a lot of people to see it as a problem is because they are busy looking at what they are not getting from the market now and they tend to miss the fact of what they could be getting from the market in the future. For someone who is in that position, setting priorities straight becomes something hard to achieve.

[carlisle1]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

AS of this time,its not only 20% instead more than a hundred percent or even higher depending to what coins we are referring.but i can still manage to keep patience and I don’t need to stomached the dip,instead i am bearing with thiss and lucky i can make some profits even with this kind of market

[anitaraymonds]

Once i am already in red and I do not try to do any activity but I will hold patiently waiting for reversal so that i can get out. If i have another fund  I will then buy at dip and sell after one or two points and wait for the price to reach my former entry point or a little below it then I will enter again and hold to sell off after some upwards movements. In trading you need a lot of patient and a little emotions.

[el kaka22]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.

No one should even be selling at lower price as anyone doing this obviously has shown the less understanding of the crypto space and how market should always be. Dips and corrections are normal and what we have right now is even a healthy one, so I do not see why people should always be worried about something they should not even be bothered about.

If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.

[tothanhtuan]

The SEC has little to do with the effect on crypto. There’s always going to be a so called catalyst, we are in a brand new emerging market. We’re ahead of the big institutional houses and we’re experiencing their UBER effect. Forget ETF’s and other distractions focus on your positions and be patient. Just my 2 cents.

[WiresAreComing]

I do my best to keep calm and avoid selling when the price dips.
I stay positive, the trend will reverse for sure. Regret from panic sale is just not worth it.

[geopolisch]

Hold it if you are do long term trading. For day trading you should be use stop loss after bought any coin, and the stop loss level about 5% to 7% and take profit about 10% to 50%, for situation of crypto market now, doing day trading look more profitable because some altcoin was push from the bottom.

Normally, stomaching a dip will always depend on your perception to the dip and the nature of the market in the long term and in the short term. Those who put so much of their attention on the short term are always prone to not see the dip as something they should not be bothered about and should indeed be taking advantage of but because they are so much looking at what is it they are not getting shortly from the market, the lose sight of the long term at the end of the day and that indeed is very bad. If you cannot learn how to trade and be ready to do it effectively, then the best simple thing to do as you said is to hold.

[drachman]

Hodl just until the coin goes up again, because with this one-on-one way so your money is not lost. if you are in Stoploss in a minus estimate then your money will be completely lost.

but different if you have patience in Hodl, until your coin up with his own. Surely you will experience profit.

Of course it's not just the stomach that shakes because of the dips but also your head will become dizzy seeing the assets you have depreciated, you're right maybe the solution is to holding it. you won't lose anything if you want to be patient and hold for a long time..

This is not something unique to this market, everyone that has become a trader knows that when you are trading you're going to get very nervous about what is happening in the market, it doesn't matter if the result is positive or negative, but as soon as it becomes very clear that the result is negative and it's not going to change traders go through a lot of emotions, that is why the mental aspect of trading is critical to become successful.

[nisya]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.

No one should even be selling at lower price as anyone doing this obviously has shown the less understanding of the crypto space and how market should always be. Dips and corrections are normal and what we have right now is even a healthy one, so I do not see why people should always be worried about something they should not even be bothered about.

If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.

Then we need to stop worrying and don't think about the coin because this will give effect to our mind. But I realize that many people still cannot stop worrying about what happened in the market, and they still asked when this will end and when the price can increase again. I guess that they need to be calm down for a while and if it's necessary, then I will suggest to them to leave the market and enjoy their life.

Worrying will cause the bad decision in the trading, and we cannot make any profit at all. Besides that, we cannot think the right decision and only makes another mistake. I don't want to do this and I still trying to calm down myself in bad situations.

[kokliko]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.

No one should even be selling at lower price as anyone doing this obviously has shown the less understanding of the crypto space and how market should always be. Dips and corrections are normal and what we have right now is even a healthy one, so I do not see why people should always be worried about something they should not even be bothered about.

If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.

Then we need to stop worrying and don't think about the coin because this will give effect to our mind. But I realize that many people still cannot stop worrying about what happened in the market, and they still asked when this will end and when the price can increase again. I guess that they need to be calm down for a while and if it's necessary, then I will suggest to them to leave the market and enjoy their life.

Worrying will cause the bad decision in the trading, and we cannot make any profit at all. Besides that, we cannot think the right decision and only makes another mistake. I don't want to do this and I still trying to calm down myself in bad situations.

I think when an investor wants to buy Altcoins while the market dips, they just want to buy Altcoins at the lowest price but it is hard to predict. Investors can count on the market to recover and can take advantage when the price reverses. Investors are more likely to make a large return on investment using this strategy.

[cryptolidus]

You will get used to it, you just need to spend enough time on the crypto market. It is individual, but beginners checking the
charts like every minute. Later on when you get experienced there is no need for that,  only if you are a day trader  and scalping

[kissme09]

If the value decreases by 10%, it can be sold for a lower price to reduce losses. But with a reduction of 20%, this is a low risk and very dangerous if you sell them to buy back. Reduce too much, so think carefully before you want to sell or buy more.

[udidrone]

If the value decreases by 10%, it can be sold for a lower price to reduce losses. But with a reduction of 20%, this is a low risk and very dangerous if you sell them to buy back. Reduce too much, so think carefully before you want to sell or buy more.

if op sell it, it means he loss. If OP buy more with speculation and don't know what will happen with coin that he bought, he will loss more and more risk to do it. It is true better to hold, or maybe if have more spare money, change other coin to back up it.

[milewilda]

If the value decreases by 10%, it can be sold for a lower price to reduce losses. But with a reduction of 20%, this is a low risk and very dangerous if you sell them to buy back. Reduce too much, so think carefully before you want to sell or buy more.

if op sell it, it means he loss. If OP buy more with speculation and don't know what will happen with coin that he bought, he will loss more and more risk to do it. It is true better to hold, or maybe if have more spare money, change other coin to back up it.

Sometimes we would really feel that hardship on having decisions when we saw an possible opportunity to make profits when we do see the price had dip and thinking of that if we buy cheaper coins we can make money if it recovers but the question or doubts will always remain because theres no certain thing that it will definitely recover or die forever.

If the value decreases by 10%, it can be sold for a lower price to reduce losses. But with a reduction of 20%, this is a low risk and very dangerous if you sell them to buy back. Reduce too much, so think carefully before you want to sell or buy more.

10-20% on cryptomarket is just normal but for those who just recently invest in would really panic for sure but for long term holders of their coins then they can sustain such pressure.

[Gaaara]

The dips are pretty normal so handling it with patience and back up strategy is the best thing to do. These are some tips I usually use every time I experience some dip in my coins.

1.) Always set your goal and wouldn't do anything or sell anything unless it's fulfilled.
2.) Do your homework, because sometimes holding it longer will just let your loss go bigger.
3.) If you are confident with the coin you recently traded then don't look at the prince unless you wanted to sell it.
4.) Set your limits in each coin you are currently holding, if the dip was severe it is probably better to sell than let it go out of your boundary.

[bravehearth0319]

From the time you created this thread, the cryptocurrency market has dropped more than you expected. It drops more than 50% since December 2017. The market hasn't recover since then and actually it is still on the decline. But, you just need to hold on because these situations will surely pass.

[Seeker#9]

How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?

Many newbies in crypto trading might be selling their coins in panic on that kind of price drop but if they are already experienced traders or investors, they would going to hold their coins and wait for another round of price uptrend. Holding is still the best strategy to recover your investments and I've been doing it since I started to invest in cryptocurrencies.