What do you do when you see bitcoin crashing like this and you're losing money?

[upsidedown75]

Eating lots of food, watching films, playing video games, improving my project , designing something...  , and I believe that this big fall is temporary and it will not last long despite that in last 2 months the market in crisis, but only there are some problems that will be resolved in the near future.

Furthermore, I am patient and very optimistic about what will happen in the future, and even though I have lost some money in this crisis, but it will certainly be compensated with a lot of profit in a long term , just HODL is the right decision for every big crash in bitcoin  .

Kudos bro! As we are busy doing the same thing. I do not know if OP got so greedy for going all in or he just derives pleasure in spreading FUD, but at least he is not wasting his account as he is using it for something he likes.

I understand how some people may feel with the bear market, but seriously, not like it is a new thing and the last time I checked, there is always a time for everything as well as the bears and the bulls. Anyone who has better things to do will care less about all these.

[Mystica101]

Ofcourse its normal to feel sad when you see you're losing money again but it never crossed my mind on planning to sell it. I just do things that will completely forget my holdings like games, hangout with friends or watching movies. We all know from the start that this is the possible situation that we will be facing so just be it and accept the risk we take.

[kalph22]

I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?

It's hard to see that my investment are crashing down but I'm still trusting Bitcoin and still holding into it. I know for sure Bitcoin will regain it higher price again or even go higher than its highest record price.  If you had hard time to relax because you see that Bitcoin price are dropping down then try to stop checking Bitcoin price from time to time, for sure it work to relieve some stress.

[South Park]

First of all, I've entered into my countless trades with plans inside my head. These plans provide me the entry point, exit point, cutloss price and other important things in trading. When BTC or any of my coins are crashing like what we are having right now, I just try to remember those key points and move accordingly with it. If my cutloss was hit, I'll just cut all of my losses and move on. I don't dwell in my past decisions and I don't regret any of it. Just be a man and be responsible on your trades. What is important it to take profit or break even (have some minimal losses).

Planning ahead really helped a lot during this time. And anyone who's trading BTC should do the same. We don't know what the future will provide us but at least we can create plans to alleviate the impact of it in our finances. Be wise.

If you are going to be a trader then this is what you should do, many people enter in several trades without knowing what are they going to do in the different scenarios that present themselves, this is a terrible idea because if you are not prepared for all of what can happen then you do not know how you are going to react and trying to improvise at those moments is a terrible idea.

[Kim Ji Won]

I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?

Obviously, they still HODL! When bitcoin crashes, it takes the market along with it. The same thing happens in regular stocks. When USD crashes, the market doesn't switch to British pounds to stay stable, the market crashes too and eventually recovers. This is what most of us believes in. If you cut loose to your evaporating accounts as you say, then you will end up in even more losses in the end.

[South Park]

I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?

Obviously, they still HODL! When bitcoin crashes, it takes the market along with it. The same thing happens in regular stocks. When USD crashes, the market doesn't switch to British pounds to stay stable, the market crashes too and eventually recovers. This is what most of are believes in to. If you cut loose to your evaporating accounts as you say, then you will end up in even more losses in the end.

Not only that if you sell your coins you lose all the opportunity to recover your money so no only you lose your money you also lose all the money that you could have  got if you held, so it is very clear to me that the answer for a holder of what to do in it is difficult market is to keep holding, it's not easy and in fact it's very hard but if you do not want to lose money then you need to do it.

[Kingofbitcoin12345]

Are you asking someone who doesn’t even bother to look or monitor the price in the market.. They don’t have emotions in a better term or haven’t give so much important to what is today and just think of what is happening or may comes tomorrow.. A reason we can’t achieve without trusting the cryptocurrency we admire,, it’s a choice and not forced in you..

Believe and live a better life..

[Intersan]

I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?

Obviously, they still HODL! When bitcoin crashes, it takes the market along with it. The same thing happens in regular stocks. When USD crashes, the market doesn't switch to British pounds to stay stable, the market crashes too and eventually recovers. This is what most of are believes in to. If you cut loose to your evaporating accounts as you say, then you will end up in even more losses in the end.

Not only that if you sell your coins you lose all the opportunity to recover your money so no only you lose your money you also lose all the money that you could have  got if you held, so it is very clear to me that the answer for a holder of what to do in it is difficult market is to keep holding, it's not easy and in fact it's very hard but if you do not want to lose money then you need to do it.

Indeed,  it ain't easy to be a hodler.  Just like what @sjefdeklerk is thinking,  other people might be curious of what hodlers feel everytime there is a dump.  Hodlers are not numb or torpid,  they just know the risk of being one and have accepted it the moment they chose to become one.  Hodlers are like investors,  they don't meddle business with emotional feelings,  and would rather act if ever things is not the way they planned it.  They act silently,  studying the market,  checking and monitoring it,  and then don't sell at dump prices because there is no profit in that.

[mostcrack]

All I can do now is just wait and expect the price to go up significantly. It's all a matter of time. IMO this is the right time to make a strategy when the price crashes like now. Maybe for some people this is a big loss because losing money, selling there will be no profit for now, and waiting is the right thing for now.

[denny27]

I'm the one of the people are in it, from early January I have bitcoin and haven't cashed it, day by day it keeps expecting it can going up and recover at higher prices, well., at least it's at $15k, but in fact it's still visible stuck and I sometimes cashed it when I needed money for a certain purposes, but not all I sell it. I'm still optimistic that the price will still continue to lead at an altitude as time goes on while doing activities related on crypto to keep earning some incomes, although it must hold for the long term. Moreover in the crypto we must really be able to playing well over the price movements.

[Proton2233]

I'm the one of the people are in it, from early January I have bitcoin and haven't cashed it, day by day it keeps expecting it can going up and recover at higher prices, well., at least it's at $15k, but in fact it's still visible stuck and I sometimes cashed it when I needed money for a certain purposes, but not all I sell it. I'm still optimistic that the price will still continue to lead at an altitude as time goes on while doing activities related on crypto to keep earning some incomes, although it must hold for the long term. Moreover in the crypto we must really be able to playing well over the price movements.

In order to invest in bitcoin you must have a Fund that you can freeze for a long time. In this case, you won't have the need to sell bitcoin at a low price in order to cover their daily expenses. Everyone knows that investing in bitcoin only needs those funds that you can afford to lose. Why, then, do I often hear people selling coins at a low level?

[Alijiindahaus]

All I can do now is just wait and expect the price to go up significantly. It's all a matter of time. IMO this is the right time to make a strategy when the price crashes like now. Maybe for some people this is a big loss because losing money, selling there will be no profit for now, and waiting is the right thing for now.

it's not good that a person feels practical internal devastation if he sees that he is losing his money, and nothing can be done. So you have to start all over again and use the previous mistakes yourself for the benefit of the future.

[haroldtee]

Ofcourse its normal to feel sad when you see you're losing money again but it never crossed my mind on planning to sell it. I just do things that will completely forget my holdings like games, hangout with friends or watching movies. We all know from the start that this is the possible situation that we will be facing so just be it and accept the risk we take.

I actually got past the stage of feeling sad long time ago when I realized how strong the market is. People will always say whatever they like whenever they feel like as we are all entitled to our opinion, but no matter the FUD, the attack, check it! We still always come back strong.

While some may panic and end up selling at loss, then joining the FOMOs when the market gets back up, those of us with experience of how the market behaves normally, really do not bother. I trade anyway, so that even makes me to bother less.

[magneto]

Ofcourse its normal to feel sad when you see you're losing money again but it never crossed my mind on planning to sell it. I just do things that will completely forget my holdings like games, hangout with friends or watching movies. We all know from the start that this is the possible situation that we will be facing so just be it and accept the risk we take.

I actually got past the stage of feeling sad long time ago when I realized how strong the market is. People will always say whatever they like whenever they feel like as we are all entitled to our opinion, but no matter the FUD, the attack, check it! We still always come back strong.

While some may panic and end up selling at loss, then joining the FOMOs when the market gets back up, those of us with experience of how the market behaves normally, really do not bother. I trade anyway, so that even makes me to bother less.

I always say that the worst thing you can do in a panic dump caused by new regulations or new negative media is to dump your coins also. You're literally just letting other people getting their coins for cheap.

If you are not comfortable with the fact that you can indeed lose money on bitcoin, then just don't trade it.

I just wonder how those HODL people that are now losing so much money day after day after day, manage their positions? Are you guys just sitting there, watching your accounts evaporate, hoping for better days? Are you cutting losses? When is it enough?

My position at least is definitely not evaporating. I have been holding BTC since 2015 so I have a lot of room, even if BTC goes down by a lot, I can stay put and look at the long term picture. Even if you bought at a higher price, you should have this kind of mindset. Focus on the long term, don't get distracted on the short term, because if you do, you'll always end up buying high due to FOMO and selling low due to impulse selling/panic.

[lingwistiko]

At first, i was really nervous since my investments are all shrinking including my alts. But instead of feeling fear, i disrupted that one by not seeing the cryptomarkets anymore for a couple of days and weeks as i also buy more alts during this time.

[Ararbermas]

The good idea when the market is crashing and your losing money is to sit down and keep praying for it rather than selling to contribute the dump..'cause it's a big mistake if you sell at lose and you cannot regain anymore your loses with it.  So much better to sit-down and keep your finger crossed.  Lol  and keep believing that the price will pump again soon.

[Happydd]

When I'm losing money because of bitcoin, I'll dig into it. And if the situation is so bad, I would sell some coins if anyone would pay the price. I will stop investing in bitcoin. But there is one thing that I continue to do even if the bitcoin price is low. It is involved in post-thematic campaigns. If the bitcoin collapses I accept my lost amount.

[tanghere02]

I still remain hopeful and I still hold my coins even with bitcoin crashing. And yes there are a lot of losses but I still think it won't be going down all the time, because aside from going down there is another way too which is going up. So I still keep on holding until a couple more years.

[gandame]

What do i do if bitcoin crashing?  Maybe i will be silent and  will wait that bitcoin recover the price and hold it wait for the right time to sell  it. Don't panic because bitcoin have a good future to those have patience.

[airdagon]

see the current situation and price So crazy! I will quickly speed up my strategy again so as not to eat big losses. I will keep her until this crazy price stops. seeing his many people who panic it makes me very sick bro. hopefully the future, bitcoin (price) will soon move on to the next level.