Sadlife
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April 11, 2018, 04:28:41 PM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
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jostorres
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April 12, 2018, 05:31:07 AM |
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I think the key is to hold through the crashes unless you are able to sell before the crash or very soon in the crash.
Selling in this case would just be to allow you to buy more as the price drops. For me, since I don’t keep much on the exchanges, I can’t make trades quickly.
I choose to just hold and ride it out even if the recovery takes a couple of years. I think it will be worth it in the long run.
Once you are able to garner the strength to hold through the crashes, it is always going to be the best decision for anyone. The problem or reason people find that very hard is because they either are ignorant of the fact that this is normal in every market, or they got greedy into FOMO, or they just simply allow emotions to play the best part of them. However, in this case, it is the way things have always been, and for those who know what they are doing; they either trade the market if they have the knowledge or hold until the market recovers.
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lablab03
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April 12, 2018, 05:55:48 AM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
ahah.most people now in the market don't care what others advices 'cause they're claiming their selves as an expert, and don't want to rely which the reason they always declined this kind of advice. Lol but at the end they always repent because of being lack of strategies in the market.
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Opekin
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April 12, 2018, 06:10:42 AM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
ahah.most people now in the market don't care what others advices 'cause they're claiming their selves as an expert, and don't want to rely which the reason they always declined this kind of advice. Lol but at the end they always repent because of being lack of strategies in the market. If that people will not going to change then more likely they will always end up blaming others not themselves of being an expert. I think the OP have miss what this downtrend means. It is not only about holding and not having a trade or doing a cutlosses somehow this market is always better to buy the strong coins.
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ubitcoin
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April 12, 2018, 09:47:04 AM |
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Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)
HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.
1. Do not panic when market value is decreasing
2. Do not even think of selling you bitcoin or ethereum
3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation
Edit: additional. So, I suggest you go and hold next thing you know your might get rich
FOR INVESTING OR TRADING:
4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
5. study the past history of market value ( when holding or investing and even trading)
I have no tips to help you survive the red market. I use a unique method that is that every time the market is red I will continue to invest more. At that time I would buy altcoin when the price is low and will wait until altcoin prices recover Thank you for your advice. But you have more money, you can invest more when the market is red. for many people . They do not have much money and they can not invest more money when the market is red. Your method is only really useful to the rich If someone has big amounts available for investing and he also has a mindset of an investor, it would be useless to not utilize that money when the market is red. Buying any asset at a lower price is preferred over buying it at expensive rates. The whole digital market is bleeding which means it is a golden opportunity for every person to increase his amount of coins.This time once gone won’t come back again.
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ylnar123
Member
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April 12, 2018, 09:59:25 AM |
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Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)
HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.
1. Do not panic when market value is decreasing
2. Do not even think of selling you bitcoin or ethereum
3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation
Edit: additional. So, I suggest you go and hold next thing you know your might get rich
FOR INVESTING OR TRADING:
4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
5. study the past history of market value ( when holding or investing and even trading)
This is a very helpful ideas you shared. During the markets drop, it is essential to have a plan and strategy to survive. During the time the decision is always up to the person if they want to trade in this dropping market.
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Choii
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April 12, 2018, 10:15:54 AM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
I think the reason why people they panic selling because they don't have enough knowledge on how to handle the risk of trading ,so they follow the people crowd when everyone sell they sell it also even they can lose their money. And i like your said that we need to invest on what we can afford to lose.
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tanghere02
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April 12, 2018, 10:26:01 AM |
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These are actually great tips and I am actually doing this currently too, but basically since I am for long term holding I really don’t mind about the downfall of the market. So I just stay chill and hodl more each day and dont really look at my portfolio that much not unless I see some news about these cryptocurrencies slowly rising.
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Phantomberry
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April 12, 2018, 10:29:25 AM |
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Good tips the better tips is to remain calm everything happens in the market is normal not all time the price will jump to high there's a time that the market is downfall.
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batrocio
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April 12, 2018, 11:03:04 AM |
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Bustart
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April 12, 2018, 11:43:10 AM |
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These are actually great tips and I am actually doing this currently too, but basically since I am for long term holding I really don’t mind about the downfall of the market. So I just stay chill and hodl more each day and dont really look at my portfolio that much not unless I see some news about these cryptocurrencies slowly rising.
What a helpful tips! Don't stress yourself too much, always remember that every problem has a corresponding solution. Instead of focusing and worrying too much on difficulties, just be strong, you might miss some other important details in life that needs to be given more attention with if you're trapped with the said circumstances. If you could be that image og strength and hope for yourself and for others then we can be a stronger family as we could. We are family and we should be there ready to comfort and support each other.
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ecnalubma
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April 12, 2018, 11:57:53 AM |
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To stay away from market stresses, stop day trading and always aim for a long term. Take a retreat, unwind and stop avoid reading bad news. Getting rich in crypto is takes patience and time.
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el kaka22
Legendary
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Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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April 14, 2018, 04:13:42 AM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
That simply tells us that people will never stop getting emotional or panicking for no reason at the end of the day. A lot of people always feel like if they are just experiencing it for the first time and they have not actually gotten to see the market recover, they would not believe anything until it happens and it is normal. No one would look at their investment fall down so bad and not have some little bit of fear, and it is easy for some of us to say hold, because we have gotten past that stage of worrying about our investment hitting so dip to even lose at all.
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bittraffic
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April 14, 2018, 04:21:49 AM |
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My tip is to sell instead and wait for the price to start climbing back before buying again. If the market falls to 20%, chances is that it might fall more so the best tip is to sell as well as everyone else are going to be doing it soon. If you however plan to hold the coins you have even when the times of bloodbath, you can start finding a job or move to some other market like forex. Forget the crypto for awhile.
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rickadone
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April 14, 2018, 10:27:30 AM |
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most people now in the market don't care what others advices 'cause they're claiming their selves as an expert, and don't want to rely which the reason they always declined this kind of advice. Lol but at the end they always repent because of being lack of strategies in the market.
If that people will not going to change then more likely they will always end up blaming others not themselves of being an expert. I think the OP have miss what this downtrend means. It is not only about holding and not having a trade or doing a cutlosses somehow this market is always better to buy the strong coins. Have you forgotten that some people are holding bitcoin and still complaining and the last time I checked, if we are to classify any coin as the strongest now, bitcoin is the first on the list, but people still panic ? Moreover even if anyone wants to trade, they will have to do it with knowledge and that is one thing that is just surprising to me on how people do things in life. If anyone does not like the volatility, then they should be a step ahead of the normal investors and go learn how to trade. It is as simple as that.
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Saidmod
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April 14, 2018, 10:39:43 AM |
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My tip is to sell instead and wait for the price to start climbing back before buying again. If the market falls to 20%, chances is that it might fall more so the best tip is to sell as well as everyone else are going to be doing it soon. If you however plan to hold the coins you have even when the times of bloodbath, you can start finding a job or move to some other market like forex. Forget the crypto for awhile.
It depends because not all can carry to sell if they are a holder and there are times that when you sold the market pumps back in some. You can survive by not doing anything don't login your account or snip your total balance it depends from person to person. Know whats best for you stratedgy is everything dont panic.
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Ninciabr
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April 14, 2018, 11:05:44 AM |
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Just do not think that the stock market is created in order that you earned. Think that the stock market was created in order to rob you of more money.
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robotrobert
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April 15, 2018, 06:45:56 AM |
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This advice has been said and reminded countless times already but still people panic and sell they're crypto currencies when the price goes down. These shows you shouldn't really invest money you cannot afford to lose cause you might end up losing it because of FUD.
ahah.most people now in the market don't care what others advices 'cause they're claiming their selves as an expert, and don't want to rely which the reason they always declined this kind of advice. Lol but at the end they always repent because of being lack of strategies in the market. If you want to survive in this time when the market values of most of the crypto coins is falling to a very significant value, then you need to do one thing and that is to keep on holding your coins no matter what. The moment you will lose your control over your emotions will result in a huge loss as at that time, you will not be able to make some sensible decision which will never be in your favor.
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palle11
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April 15, 2018, 07:13:21 AM |
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Just do not think that the stock market is created in order that you earned. Think that the stock market was created in order to rob you of more money.
This is rather a wrong assumption and not business like attitude. You don't carry such assumption to the market and expect to succeed because you are likely to suspect every thing and that won't help you to make the right judgement of the market. Off course one should be careful. We should rather see it as a ground to investment and investing rightfully with the right platform.
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Indrawan77
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April 15, 2018, 09:09:38 AM |
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Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)
HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.
1. Do not panic when market value is decreasing
2. Do not even think of selling you bitcoin or ethereum
3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation
Edit: additional. So, I suggest you go and hold next thing you know your might get rich
FOR INVESTING OR TRADING:
4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
5. study the past history of market value ( when holding or investing and even trading)
I like the some of the idea, but I dont agree with the second opionion, about not selling your btc or eth, each person got its own way to trade, and if your buying price and the present price is already too far, its better to cutloss and try the average profit strategy, stuck in the same place for too long won't be good, I think in every trade the traders need to be smart and able to analyse every situation (even in bearish market) to make profit and prevent lost
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