What will you do when the market goes down? This is my advice

[Oceat]

You have a good theory but sometimes is a bit hard to choose some stable coins, as no one can guarantee 100% that a coin will be stable when the crypto market goes down. Anyway i will still get as much bitcoin as i can when the price is low and i try sell high.

At least pick the closest one that almost reaches to 100%, I know it's hard to find a stable one but the closer you find a good one is worth trying for. Anyway, Bitcoin is still a great choice if you tend to hold it for now due to the bearish market. And since the market is a little unstable due to the fast changing of the price.

[Rebisco]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Stop loss is really a good strategy but it is hard to apply because we are not sure if the dip will continue or not. Most of us are not winning in trading because we set high targets due to our high expectations. It is true that we should really set small targets for us to not waste the opportunities to earn profit.

[ChangeNOW]

Why would you sell during the dip? That's like the dumbest advice you could ever give anyone. You should hold and buy more, if you have the means.

[kamudd]

That's right, it's a great way to overcome when the market goes down. We can add more types of altcoins that have the potential when the market continues to decline.

[joeperry]

You have a point. Most of the new traders here listening to those users who always tell "HODL" if you're a trader you won't let your coins to be held in your wallet without assurance that the price might recover again right? that's why whenever you get a profit at least 5% you will now going to sell it and make a new entry again and whenever you've lost don't HODL just cut your losses and start again as simple as that.

[noxezzhd]

Hodl which basically means hold on for dear life. Most investors bail out by selling their coins and actually suffer the lost. Correction is normal after huge surge in coin price. If you stay calm, you investment will return to normal and perhaps double. Diversifying is key to avoid mistakes. Study the coins and the team behind it and invest rationally

[yvesp110]

That's right, it's a great way to overcome when the market goes down. We can add more types of altcoins that have the potential when the market continues to decline.

Same I would tell you to invest with multi coins when you see market is down and it will take time to increase. My advice is to keep holding as time to time everything will be normal and you will be happy for holding at falling. So there are so many options for you I advice you to start purchasing bitcoin it has potential to overcome faster.

[Best Dreams]

I really thought that I can see a good advise, but just the usual stuff here. Stop - loss, hedging against Tether if the coins go down. This is just the basic of trading, but for noobs this might be a eye opener, but for the majority of casual traders, I'm sure that they are using this strategy quite a lot.

If you are not satisfied with all the stuff here people shared you can try some other sites  to guide people and to give advices.  When people ask me to advise then I suggests only patience because with help of patience we can make good future and we can change lose to profit SO when price is down just buy as much as you can and hold your coin longer.

[iged_war]

I really thought that I can see a good advise, but just the usual stuff here. Stop - loss, hedging against Tether if the coins go down. This is just the basic of trading, but for noobs this might be a eye opener, but for the majority of casual traders, I'm sure that they are using this strategy quite a lot.

If you are not satisfied with all the stuff here people shared you can try some other sites  to guide people and to give advices.  When people ask me to advise then I suggests only patience because with help of patience we can make good future and we can change lose to profit SO when price is down just buy as much as you can and hold your coin longer.

no one could help us except our self.so we have to be wise when decided to joining in this market, we have prepare our skill and mental so when facing bad condition we will not be panic.

[manggis97]

Last year no body can predict it the price of all crypto will dumped hard and in that times a lot of trader and investor predict the price will keep going up.  But finally the price dumped hard even some altcoin going down to 99%. So we should be have risk management like use stop loss for every trade, even if we decide to hold for long term we should be use stop loss as well. 

[BlackPanda]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Do you trust crypto? Do you believe in the future of crypto? If so, then you should wait, indeed waiting is an annoying situation. But if you can wait on the grounds that you have trusted a particular coin then you can make that decision. Some coins require time and when there is a process of dumping prices there will also be a pump price process. You can take advantage of the pump situation to be able to take advantage of momentum well, believe that the future of crypto is bright and for anyone who invests they will all achieve success.

[playboy654]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

If anything we have to say about predicting the future and doing something today the market will not go with the prediction and we can make our prediction for true if it was only working otherwise the market will not allow you to save your investment.

[yanto@1977]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Very good trick but which one is stable coins?. I read & watch many people say about stable coins but I see they in sideways mode not because have stable value. Coins need bitcoin as their leader, if bitcoin still goes down there's no stable coins.

[jems]

That might indeed be a good solution to still get profit in this bear market, but it won't be as easy as we imagine and we still need to be more patient and also seek more information and research.

[Google+]

That might indeed be a good solution to still get profit in this bear market, but it won't be as easy as we imagine and we still need to be more patient and also seek more information and research.

For me, it is a difficult market to be able to make a profit because of the cryptocurrency price movements when the bear market price always falls and the profits can be made sure for myself when the bear market prefers to buy several coins and wait until the bull market occurs.

[gabmen]

That might indeed be a good solution to still get profit in this bear market, but it won't be as easy as we imagine and we still need to be more patient and also seek more information and research.

For me, it is a difficult market to be able to make a profit because of the cryptocurrency price movements when the bear market price always falls and the profits can be made sure for myself when the bear market prefers to buy several coins and wait until the bull market occurs.

Well as op stated, stop-loss would really come in handy in a time like this. And i think many people are alreadty utilizing this feature since it also can add up to the decline of the price if stop-losses keep on getting hit. Waiting for the bulls to return may take a very long time that most people can't afford to do.

[BitcoinTurk]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Since I have lost money for a long time, I now trade and I can easily say that it is much more profitable than the hodl process. I've gained so much money from this time that I have started to trade with a low profit margin, rather than targeting a large profit margin, and I would have seen that even if I had stayed in the hodl position my main money would have dropped by at least 60%.

[Hivalley]

I wouldn't actually buy into this advice as it can also backfire in our faces,sellig your btc or eth to me isn't the right thing to do,but in trading everyone has his or her different strategies and techniques.
I prefer to hold on to my coins in a falling market rather than selling them,selling them could be the wrong decision considering how unpredictable the market is.
But different strategies for different traders

[iv4n]

I wouldn't actually buy into this advice as it can also backfire in our faces,sellig your btc or eth to me isn't the right thing to do,but in trading everyone has his or her different strategies and techniques.
I prefer to hold on to my coins in a falling market rather than selling them,selling them could be the wrong decision considering how unpredictable the market is.
But different strategies for different traders

Every strategy can be good in the right moment, also any strategy can ruin you if you do it in the wrong moment. Trading is all about choosing moments for buying and selling, but if you are a serious trader than you have bitcoins and money, and gold and many other assets oh holding. People can`t understand one thing, you never trade with everything you got! You never gamble with everything you have, you need to know how much you plan to spend today and to have for tomorrow, and in case of market sudden turns you need to have other assets to cover some loses and continue.

[PuertoLibre]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

Logic works but markets are combine of both logic and emotions. Let your winning positions to go but having target requires to cut your positions after reaching limit. Stop loss doesn't work in crypto markets because of lack of liquidity. Forex market have the feature to analyze charts but applying same financial tools to this market is useless.