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Author Topic: How to cope up with the falling prices?  (Read 2023 times)
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June 20, 2018, 06:33:49 AM
 #41

We don't need to cope from the falling price because what we actually need is be aggressive in kind of market. Because we're now in the bottom and we unlikely to see this price again so better yet full our bags now and put aside your emotions for now.

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June 20, 2018, 06:40:07 AM
 #42

I have never been discouraged like the way I feel yesterday when I tried to open my wallets and noticed how much I have lost and the current value of my tokens. I have to remember what happened in some years back and find out that this thing has happened before and there was a time that people get discouraged as we are today.
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June 20, 2018, 06:56:19 AM
 #43

I usually check trends of the previous year and the year before that. It's more like stock markets where you study the movement of prices in a given year to see what happens in the future. With the case of BTC and major alt coins, you just HODL and buy more when the price is low. When it actually rises up, it's instant profit.

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June 20, 2018, 06:57:14 AM
 #44

The falling prices can leads to depression and panic selling; neither of which are healthy for any investor.

Rather than making yourself physically sick by checking the prices, I'd much rather suggest deleting apps from your cell phone that list prices.

This way, you really have to search out the current prices of coins online as opposed to gaining easy access through apps.

Since this will require much more work and effort, there's a chance that you will entirely forget about checking the falling prices and focus on what's important in your life.

Because constantly checking price tickers is not only unhealthy but a major waste of time if you're not a day-trader, which most of us aren't.

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June 20, 2018, 11:22:01 AM
 #45

You need to close your eyes to this, close your wallet and not go to the stock exchange, do not sell your savings. Just need to wait this moment.
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June 20, 2018, 11:31:40 AM
 #46

I think the first quality of investors is always cold head and awake in any case. Besides, they have to be patient and have confidence in themselves. Most people are worried and lose themselves. It is best not to believe in bad rumors, it could drag the value of all currencies down for evil purposes.

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June 20, 2018, 11:33:57 AM
 #47

You need to close your eyes to this, close your wallet and not go to the stock exchange, do not sell your savings. Just need to wait this moment.
Are you sure this will help raise prices? I don't believe that. Small coin owners do not have a significant impact on prices. Leaving the market, we limit ourselves in money. Whales trade small coins between linked accounts and periodically buy coins at low prices for those who are forced to sell in order to buy the Essentials.
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June 20, 2018, 11:38:29 AM
 #48

There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!

I don't mind waiting and holding. I used to do it always. Yes, price do fall. Why ? Because no crypto has a stable price, crypto pump and dump. Meaning "falling prices" are normal. I just find one thing difficult to handle. What is it ? If I need money but the market is down, i have no choice but to cut my loss. I think a solution and I don't know if this would be enough. I will convert some of my money to fiat when bitcoin is high then just save it.

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June 20, 2018, 12:09:56 PM
 #49

 I think the key in this condition is to keep being sensitive and flexible and so you would be able to earn what it's yours isn't in this unstable conditions.
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June 20, 2018, 12:37:05 PM
 #50

There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!

I don't mind waiting and holding. I used to do it always. Yes, price do fall. Why ? Because no crypto has a stable price, crypto pump and dump. Meaning "falling prices" are normal. I just find one thing difficult to handle. What is it ? If I need money but the market is down, i have no choice but to cut my loss. I think a solution and I don't know if this would be enough. I will convert some of my money to fiat when bitcoin is high then just save it.
Its really difficult to coup up when  the price is bleeding  specially when you're financially drain, nothing that you do but to sell even if your loosing, that's why if you have a regular job, you kept it although crypto currency business is profitable but, because of volatility you can experience roller coaster ride of the prices.

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June 20, 2018, 12:49:45 PM
 #51

When prices are falling, i will keep buying that’s how i cope up with loses, everytime prices drop, and i have extra money, that is my only solution, buying more, i just want to stay positive on negative situations because i think it’s the only thing to do inorder to survive. More patience is very important and wait for the right time to recover and get back to the top.
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June 20, 2018, 12:58:41 PM
 #52

I think the key in this condition is to keep being sensitive and flexible and so you would be able to earn what it's yours isn't in this unstable conditions.

I think the best option in this situation is to be patience and hold the the coins you have because the market is down and Will definitely go up after some time.
In this situation mostly panic selling happened. Which can lead to depression and anxiety. To avoid this be patience and believe in your instinct.
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June 20, 2018, 01:46:06 PM
 #53

You should just ignore the prices and that's it. If you are into crypto just because of money then you're in it for a wrong reason.
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June 20, 2018, 01:47:34 PM
 #54

There are just couple of question I need some answering from people with enough experience in crypto.

Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?

Thanks for sharing your thoughts!

I don't mind waiting and holding. I used to do it always. Yes, price do fall. Why ? Because no crypto has a stable price, crypto pump and dump. Meaning "falling prices" are normal. I just find one thing difficult to handle. What is it ? If I need money but the market is down, i have no choice but to cut my loss. I think a solution and I don't know if this would be enough. I will convert some of my money to fiat when bitcoin is high then just save it.
Its really difficult to coup up when  the price is bleeding  specially when you're financially drain, nothing that you do but to sell even if your loosing, that's why if you have a regular job, you kept it although crypto currency business is profitable but, because of volatility you can experience roller coaster ride of the prices.

Well it has to be pounded to a person before he even takes money out of his wallet and invest in crypto. The wait times for a market growth can take months so never make expectations that you'll get easy money quickly. Once you accept that fact then a falling market would just pass by you while you wait calmly

 
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June 20, 2018, 02:01:56 PM
 #55

this time the price is bleeding but this is the best opportunity to buy and do this investment in the long term or in play use a period of once a week due to changes in the token rise and fall usually in once a week.
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June 20, 2018, 02:06:07 PM
 #56

For me, the best time to invest tokens is when the ICO is still running because that is the right time to buy it in cheaper price and after the ICO and the tokens are listed on a big exchange the price will be changing constantly and usually higher but still it depends on the demands or the team who are running the projects.
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June 20, 2018, 02:16:51 PM
 #57

For me, the best time to invest tokens is when the ICO is still running because that is the right time to buy it in cheaper price and after the ICO and the tokens are listed on a big exchange the price will be changing constantly and usually higher but still it depends on the demands or the team who are running the projects.
I like this strategy but its too risky when you investing token in ICO project that still running. You know why?
There are so many ICO's projects that having a complete document that investors are easy to attract them but at the end, they were left and nobody knows where they( i say this because I already experienced ).
I personally don't want to hold token from ICO because as what I have observed it takes only 1 month for pumping after that back to lower price. Indeed, good to hold in crypto are those coins that having a high potential on profit.

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June 20, 2018, 02:39:38 PM
 #58

The big thing is to not overinvest in bitcoin.  Don't ever buy bitcoin with money that you're going to need in the foreseeable future--I've seen way too many people do this and they're usually the ones who then come here with sob stories, saying they want to kill themselves.  It's a bunch of avoidable nonsense.

Other than that, have some patience.  Stop checking your investment every 10 minutes.
Yeah, the problem is a lot of new investors put themselves in what I can call emotional pressure by making moves such as that.

Once they invest what they cannot afford to see go down, or possibly what they may be needing in the short term since the idea was meant to be long term, then they get to start screwing up so bad that they tend to forget the long term and keep panicking on the short term value.

The market is highly volatile and nothing is guaranteed, and the best way to get the best from it, is by being a reasonable investor and a smart one as well.

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June 20, 2018, 02:59:48 PM
 #59

I know that some people worry so much about price drop that they are checking prices every a few minutes and can't sleep because they are to worried.
It's not healthy really.
I advice them to relax, switch off computer and just go out, forget about crypto for a few weeks or more Smiley.
Any way, it's nothing they can do about it, so no point to loose nerves and health here.
Golden rule for any investor (not only in crypto market): ''Don't invest money you can't afford to loose''.


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Lieldoryn
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June 20, 2018, 03:09:32 PM
 #60

I know that some people worry so much about price drop that they are checking prices every a few minutes and can't sleep because they are to worried.
It's not healthy really.
I advice them to relax, switch off computer and just go out, forget about crypto for a few weeks or more Smiley.
Any way, it's nothing they can do about it, so no point to loose nerves and health here.
Golden rule for any investor (not only in crypto market): ''Don't invest money you can't afford to loose''.


In fact, this rule never works. Show me a crazy person who will be happy to lose money. For many, income from cryptocurrency trading was the main one last year. Now they have lost most of their main income. Price volatility is declining and for many it is a disaster.
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