what you should do crisis time in trading ?

[Leon2_18]

the only thing we can do is to be calm not to panic and to stop being drained of coin, should be able to wait and believe in the best.

[rickadone]

There are a lot of good info about money management like dont put more than you can afford to loose etc. But I feel like learning from ones own experience is very important.
To create some rules and just follow and execute them might be a solution. And/or keeping trading log.

Asides from that even being part of risk management, common sense should always tell people that, but humans are bound to always get greedy as they want to acquire so much for themselves in a very short while than they can imagine and anyone doing that is bound to panic and fail big time. For anyone that is trading though, the best thing during crisis is to chill.

Moreover, if anyone is knowledgeable enough, they will not classify it as crisis but an opportunity, so I will re-twist that to; wait and go back to the books to learn.

[one key56]

I am patient and ready if lost, trading is not always profitable, sometimes we suffer losses and it is fair, I just overcome it by buying at low value and selling it later when the price is high to cover my previous losses

[Leonard2016]

Hold.

This is the only reasonable thing to do during this storm. It will not end soon.


Hodl tight, my friend

that's the best advise , of course it takes time and you need to have other sources of making money so that you won't panic!

[Harley29]

Hold.

This is the only reasonable thing to do during this storm. It will not end soon.


Hodl tight, my friend

that's the best advise , of course it takes time and you need to have other sources of making money so that you won't panic!

For sure if you have more than one way of earning money then you will not have to sell your bitcoin but you will be able to have it for long time, now increasing demand of bitcoin is making price high so wait more don’t panic up your bitcoin, if you have regular job then it will not very hard for you to hold your bitcoin at time of crises, try to maintain your patience and wait till market rise once again, hold more if you want to earn more using crypto currency, in few month you will earn high amount of profit so wait and let’s see when market will turn green again.

[djsugar]

The best option is to just close your phone, go out for a short trip and come back after a few days. Looking at the screen again and again gives a lot of anxiety and it should be avoided at all costs. Nothing is more important than health

[Quidat]

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

Before at first on deciding to engage yourself at crypto,you should really be already readying up yourself on such stress and struggle because it would really be there and you would definitely experience it with this very volatile market which you would really have the time on facing up crisis time when you do see a market decline.Getting out would stress you out,one false move then its a loss.Rather than on panicking better to calm down and just hold and if you cant think off some back up plans then it would be much better.

[Baoo]

Actually, the best advice to every trader in this big crisis is " Do not rush" especially in decision-making also everyone must control himself. Moreover,  it is true that we must take advantage of this opportunity because the majority of cryptocurrencies  are in a full decline but there must be a strategy ( plan) not not random buying and selling.

Furthermore, for me, the risk may have a big effect to make a lot of money in a long term. I would advise everyone to buy a large amount of Ripple (XRP) because their price very low, and it is certain that  it will rise significantly particularly in a long term.

[parthgajjar]

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

We can see that in the early days of the year 2018 prices of bitcoin and altcoin are continuously falling for many consecutive days, the market is in crisis and drooping. Therefore, I think that we should not trade in this time of danger. Get all your assets in dollars to be able to preserve capital and wait for the market to stabilize again to continue investing.

[s.mahmood]

Crisis time is very critical time,we do nothing except wait  and follw.In this time you must avoid panic, emotion and selling.Try to buy coins(if possible) because crisis time is best time to buy good coins.

[Hemady17]

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

Maintaining your composure is the best thing you can do in crisis. You cannot think clearly when you’re at the stage of panic. Market vulnerability is inevitable in trading so you need to accept that fact. You need also to prepare yourself for the worst case scenario.

[beerlover]

As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 

But you need to be calm for not getting panic so that you will not take any wrong decisions. For that you need to control your emotions. Anyone who can control fear, can control emotions, will easily not bother on anything that happens to the market so I totally agree with you. However, I usually wonder what ends up causing this fear and the only reason I can give is that people usually do not get to understand the market before investing or do not get to learn how to play with their positions before trading and then they end up flopping badly by making huge mistakes as a result of panic.

[Bezobraznike]

   Analyze crisis in the past, each of them was the worst for poor people
and for people who get caught up in wrong investments. The one`s on
the top of the food chain hold what they have, even if value is dropping,
and stash more of everything they can get their hands on.
   In times of crisis prices are going down, great time for buying cheap
on every market.
   Hold what you have, buy more! Only two things that we can do in this
times, and after that sit and wait market to recover, and it will, people
will always be hungry.

[Joyawan13]

As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 

But you need to be calm for not getting panic so that you will not take any wrong decisions. For that you need to control your emotions. Anyone who can control fear, can control emotions, will easily not bother on anything that happens to the market so I totally agree with you. However, I usually wonder what ends up causing this fear and the only reason I can give is that people usually do not get to understand the market before investing or do not get to learn how to play with their positions before trading and then they end up flopping badly by making huge mistakes as a result of panic.

that's what we have to do, we do not need to panic and fear the decline in the price of coins happening in the market today, we must be able to control our emotions and panic, and do not take action that will make you lose big, we will not take steps wrong and will make us regret it.

[dewi91]

try to keep calm and do not panic because if you panic, you will not be able to handle the situation and may be you will make the wrong decision that you will regret later. in crisis time we have to control ourself and no one choice except hold and wait until the situation is much better.

[Shenzou]

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

Trading is a very difficult thing to do, because you must have the guts to jump into the unknown and take the risk and have the patience to and to be able to work and keep calm under all the situation no matter how good or how bad they are, and if you don't have none if those and you are scared from a little loss than making the wrong decision will rewin your whole investment, if you made a decision you have to stick with it all the way.

[betetakjelas]

if I am in a time of crisis then I will keep holding because I know the value of btc always fluctuates voluntarily, so holding is the best way to do

[chibimanau]

First of all you have to be calm to control your emotions, as it will decide whether you are lost or not. When the market starts to panic I usually sell 80% of my coin. Then wait to buy lower prices, remember is to buy the average price. Invest in the top 30 coin, keep and wait for the price to go up.

[uray]

As far as cryptocurrency is concerned,  what to do in crisis time is to do Nothing!  Many negative news and uncertainty have no basis to start with, because we are thread a new path to finance and investing,  people tend to become agitated and behave irrationally to market prices 

If you are a wise investor, you should know by now how the market is behaving and act accordingly, this is the perfect market to make some money, with no serious regulation, anything can happen, the best thing is to get the tokens when the market is down and wait for the market to recover and since this is a volatile market you will get plenty of opportunity.

[Btcschool]

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

I think you just have only two options and that is either to withdraw your funds while it’s still early and while you haven’t lost much of your money, and the next option is to keep calm and have patience till the storm is over. If you ask me, I will prefer to hold it and have patience till it goes up again, cause that’s always the best thing to do. If you sell off, you might just end up missing the greatest opportunity that is yet to come.