Vangar
Jr. Member
Offline
Activity: 73
Merit: 1
|
|
August 05, 2018, 09:38:17 PM |
|
Firstly, we need to define what crisis time is. If you refer to bitcoin's recent dip in value, then you should trade small and use appropriate order types to make several but small profits. You may also pause for a day if you do not believe you can make money through trading. If you are talking about the global-level crisis, note that blockchain technologies are largely decentralized. As long as there are people trading, you can do that as well. Just, be sure not to make mistakes others did and trade through your own emotions. There are other mistakes as well in times of crisis, so here's the guide I found now about them that you can check out https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/. Panic is the last thing you need, so keep calm and trade cryptos!
|
|
|
|
Charloz24
|
|
August 05, 2018, 09:58:52 PM |
|
I think at the moment the crisis in the market is cryptocurrency and you need to keep calm and hold
|
|
|
|
Bonsaiav
|
|
August 05, 2018, 10:19:16 PM |
|
All I have to do's to allocate our savings to a crisis-resistant form of investment, for example bitcoin. Why should be bitcoin? ..., because bitcoin's one of the best alternatives in investing. Ideally, it would be better if we use the principle of investing without going to one basket. Because this thing will be very risky. If you aren't good at diversifying funds into some form of investment, of course it will make the investment risk even greater.
|
|
|
|
wayaneka
|
|
August 06, 2018, 04:00:40 AM |
|
If you possible to spend only 1 or 2 hours aday in trading activity, for the better doing swing trading and use exchanges that has trigger order that has function for stop loss. Many trader that has crisis times can not handle when the price crash, so stop loss will automactly will reduce the loss.
|
|
|
|
Herressy
|
|
August 06, 2018, 04:40:18 AM |
|
If you possible to spend only 1 or 2 hours aday in trading activity, for the better doing swing trading and use exchanges that has trigger order that has function for stop loss. Many trader that has crisis times can not handle when the price crash, so stop loss will automactly will reduce the loss.
and also the way on not stopping i mean you just let it and wait for when it ,ay recover are the best option also that you can also have to do with , not to be always look for the price of when it was been drop for cause there is some possibility of you might ever have to think sell it for immediate tht it was wrong move for me.
|
|
|
|
sakokinak
|
|
August 09, 2018, 08:02:15 AM |
|
All I have to do's to allocate our savings to a crisis-resistant form of investment, for example bitcoin. Why should be bitcoin? ..., because bitcoin's one of the best alternatives in investing. Ideally, it would be better if we use the principle of investing without going to one basket. Because this thing will be very risky. If you aren't good at diversifying funds into some form of investment, of course it will make the investment risk even greater.
Even when the crisis times come, I try not to sell my cryptocurrencies. I hold and simply start to look for an additional source of an income. Only a lazy guy will never find it.
|
|
|
|
PaulLines
Newbie
Offline
Activity: 30
Merit: 0
|
|
August 14, 2018, 09:49:08 AM |
|
All I have to do's to allocate our savings to a crisis-resistant form of investment, for example bitcoin. Why should be bitcoin? ..., because bitcoin's one of the best alternatives in investing. Ideally, it would be better if we use the principle of investing without going to one basket. Because this thing will be very risky. If you aren't good at diversifying funds into some form of investment, of course it will make the investment risk even greater.
Even when the crisis times come, I try not to sell my cryptocurrencies. I hold and simply start to look for an additional source of an income. Only a lazy guy will never find it. Experienced people always have the same strategy, in fact they know about the importance of bitcoin and therefore they do not try to sell but even try to increase their investment in bitcoin when the bitcoin price is trading low.
|
|
|
|
R3ffun
|
|
August 30, 2018, 05:20:25 PM |
|
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?
You cant get out when you face this in very first time but later on your experience would tell you something which actions should be made on once you experience or face it again.This is the best teacher which yourself realization would be the one who will decide on what action should be done.Most of us when we are still newbie would commit mistakes which is normal.Handling crisis would never be easy. just hold it. you cannot do anything about the market. you should to have your target price and do not cut loss. hold when the market dumps so hard, and don't panic because it will be back to normal.
|
|
|
|
BariaczRoni
Member
Offline
Activity: 266
Merit: 10
|
|
August 31, 2018, 02:48:32 AM |
|
Current market trading fluctuations too unpredictable. You need to do is keep waiting. Or if you lose too much you need to rest so emotions do not affect trading. When you are back to normal, make a clear plan for yourself and trading
|
|
|
|
Mlowo
Member
Offline
Activity: 182
Merit: 10
www.daxico.com
|
|
August 31, 2018, 03:02:12 AM |
|
when I find it difficult to make a profit in the trade market I prefer to work in the real world, I have experienced an economic crisis from March March, trading market prices have declined rapidly, I have not dared to invest.
|
|
|
|
quality.crypto
Member
Offline
Activity: 854
Merit: 10
|
|
August 31, 2018, 03:17:30 AM |
|
We have to be very patient when the market is in crises because if you sell them, you will be making very less amount of the money. So it is always good to wait and hold it until the market starts recovering in order to be in profit. Don't lose hope when the prices are decreasing.
|
|
|
|
websoftwareengineer
Full Member
Offline
Activity: 364
Merit: 100
Blockchain with VTOS energy
|
|
August 31, 2018, 08:46:10 AM |
|
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 believe that when the market is moving like the current time, we should not trade at this time, you have to limit the transaction and best not to trade. The market is fluctuating constantly and yet at the time of the bloodshed market you should give yourself a relaxing break and plan to start taking part when the market recovers. Actually, people who are already earning profit in the past should start their own business in order to avoid losing a huge amount of their capital when the market prices are dropping.
|
|
|
|
Darz299
Newbie
Offline
Activity: 140
Merit: 0
|
|
August 31, 2018, 12:00:35 PM |
|
I think in the event of a trade crisis the most appropriate thing is to hold the bitcoin we have, keep monitoring the development of market price movements and keep thinking positively and not emotionally because the trade crisis makes many people lose their common sense and thinking irrationally also triggers emotions and cause traders to be frustrated. Patience is also very necessary to wait for market trading to recover to get the profit we expect.
|
|
|
|
Jaycee99
|
|
August 31, 2018, 12:43:11 PM |
|
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?
My number 1 rule in any investments and a top scenario for people to stop getting frustrated in the field of lossing invests. Also gettjng out of the situation is a way of thinking of a person if he sees his or her mind is making the worst of the outcome the investor or that persons needs to work on moving on My second suggestion learn from your mistakes. Each failure has it's couse why it faild so the outcome is you should study why it happend that way to correct that kind of situation. Also in getting to success I already set my limits and ways to make a win win money back. 1. You must invest a momey that you are ready to lost. 2. You planned number 1 but you must not claim that you will lost a momey. 3. Create a way to understand the project the market of your invested company.
|
|
|
|
withlove99
Member
Offline
Activity: 336
Merit: 29
|
|
August 31, 2018, 12:51:55 PM |
|
Hold. This is the only reasonable thing to do during this storm. It will not end soon. Hodl tight, my friend I have hold and now I have lost more than 50% of my assets, and I see the market is unlikely to grow high until the end of this year. But really no solution apart from hold to wait for the market flourishes again
|
|
|
|
SCRAPYCOCO
Jr. Member
Offline
Activity: 62
Merit: 1
|
|
August 31, 2018, 01:12:18 PM |
|
Friend, whatever people say, the most acceptable thing in that type of situation is to "hold"
|
★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★ ✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
|
|
|
CrystalPham
Newbie
Offline
Activity: 128
Merit: 0
|
|
August 31, 2018, 01:30:18 PM |
|
When the market is in crisis, I think I will withdraw 50% of my investment. So I will preserve my capital better.
|
|
|
|
Aivaryamal
|
|
August 31, 2018, 01:41:35 PM |
|
In times of crisis, you need to pay attention to the top cryptocurrencies and those that have a basis in the form of working popular products, a planned roadmap and an experienced team and invest in them.
|
|
|
|
BibitBot
Newbie
Offline
Activity: 34
Merit: 0
|
|
August 31, 2018, 03:39:05 PM |
|
Keep calm, because the cryptocurrency market will never be stable. Try to earn on arbitration between exchanges
|
|
|
|
lushlife
Newbie
Offline
Activity: 280
Merit: 0
|
|
August 31, 2018, 04:09:13 PM |
|
If you're talking about the bear market and how hard it is to earn profit in trading in this market, what I will gonna do is, we can't do anything about it, there will be a time where market goes bearish. so, staying away from short-term trades might be a smart move.
|
|
|
|
|