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Author Topic: How to Deal with worst Market  (Read 792 times)
landoffaucets
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May 11, 2020, 08:43:00 PM
 #121

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

Sell coins and be safe - and why did you buy? To sell in a loss?  Cheesy You probably do not understand the real potential of cryptocurrencies, we are first inventors of the new technology that will change the world as we know.  Cool
SolarWindMiningCompany
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May 11, 2020, 09:38:36 PM
 #122

indeed people choose to sell it because the price may be able to continue to fall,
but if the coins you hold are from a good project, my advice HOLD is the right choice

it all depends on the coin you hold. Many of them are way past their prime and have no salvage value. So the earlier we sell and cut loss, the better. While for some coin you have to hold for long term. Every coin has its peculiarities

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May 11, 2020, 09:51:56 PM
 #123

Best way to make money during the worst market is to always wait. If you are patient enough you will see that price goes down a lot during the bad periods and you will be able to just get bitcoin from cheaper prices. Now if you are in bitcoin and already bought it and it dropped after you bought it, you will definitely just keep it going on and not do anything at all, that is enough, do not sell, you can buy if you want, but that's it. If you start selling when you are in negative, you are not going to make any profit at all.

I would personally just keep on buying, look at people who bought at 20k, if they bought at 3k last time we were there, they would have been in profit by now if they invested enough there. That is just what I would do tho, I don't know what you would think smarter.

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May 11, 2020, 10:03:12 PM
 #124

Best way to make money during the worst market is to always wait. If you are patient enough you will see that price goes down a lot during the bad periods and you will be able to just get bitcoin from cheaper prices. Now if you are in bitcoin and already bought it and it dropped after you bought it, you will definitely just keep it going on and not do anything at all, that is enough, do not sell, you can buy if you want, but that's it. If you start selling when you are in negative, you are not going to make any profit at all.

I would personally just keep on buying, look at people who bought at 20k, if they bought at 3k last time we were there, they would have been in profit by now if they invested enough there. That is just what I would do tho, I don't know what you would think smarter.

I like your ideology, the best way to deal with the worst market to me is keeping some funds in USDT or another stable coin, then buy in when there is a bad dump. Worst mistake to make if you didn't set a stop loss is to sell very cheap, definitely price will bounce back. I bought BTC above 9k some days ago, but I can't sell right now because it's not wise for me.

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Gab20
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May 11, 2020, 10:19:47 PM
 #125

This market it'll be normal by it's own speed, so reserve your coins and buy another again and wait for the mean time . thanks
Who are you thanking? and why are you so sure that the market will be normal at its own pace? because whether a market is normal or not is clearly influential from trading, because the market will not move on its own if there is no one to trade.

I believe he said thanks because he wishes to just say it.
@rahmatullah, you are still repeating the second point that @FlagstaffRevel said. However, with this present situation of the market, it is still an opportunity to make more profit. Everything is undulating. There is no stability yet. So, a market that moves to and fro will be good for trading.
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May 12, 2020, 08:45:03 AM
 #126

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

The first thing to consider is your main decision for investing in Bitcoin. If your main plan was to invest in it for a long time, then I'd advise you to just leave it and relax and wait for when the market will get back.

Another thing you have to consider is when you started your investment to know whether you started at the right time or not, because if you didn't start at the right time, then I don't see any need to wait unless you're ready to hold for a longer time than you have expected. But if yes that you have invested at the right time, then you should go ahead with it and relax till things get back to normal.
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May 12, 2020, 10:33:54 AM
 #127

This kind of depends on the risk appetite of the person and the amount of money invested and if you need to withdraw the money for some other emergency.I am sticking with it.

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zaim7413
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May 12, 2020, 10:34:45 AM
 #128

All situation will be as like a glass of water here in market place, As a businessman all types wrosty is nothing as counted a thread. DO some research
stay and invest when worst Market will become the best markrt to deal with it .
Investing in the worst markets will also be at risk for loss, because a bad market will not improve immediately, so be careful in investing and always use very complete research so as not to get trapped and not regret later.

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May 12, 2020, 11:15:16 AM
 #129

All situation will be as like a glass of water here in market place, As a businessman all types wrosty is nothing as counted a thread. DO some research
stay and invest when worst Market will become the best markrt to deal with it .
Investing in the worst markets will also be at risk for loss, because a bad market will not improve immediately, so be careful in investing and always use very complete research so as not to get trapped and not regret later.

That's why we need to hold and wait until the market will recover.

i have been an investor in crypto for quite awhile already, and I learn the easiest secret to making money and that is by trusting the market to recover every time it will fall, and the strategy is just to always buy at dip and like I said, hold and wait until the price will rise.

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May 12, 2020, 08:13:50 PM
 #130

The speed of this both side currency coin is separate for analysis, They are not as same compare with each other. So need to wait for just moment.   

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May 12, 2020, 09:17:49 PM
 #131

Well if we encounter some worst market Ill think we need to be calm and make some plan for it.
Actually we can find a why if we are in that situation and it depends on us of how to deal with that kind of market. Some people in here if the encountered like that they sell it early than to be come worst to drop in low of price.
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May 12, 2020, 09:20:51 PM
 #132

Well if we encounter some worst market Ill think we need to be calm and make some plan for it.
Actually we can find a why if we are in that situation and it depends on us of how to deal with that kind of market. Some people in here if the encountered like that they sell it early than to be come worst to drop in low of price.
I think to be able to avoid some horrible exchange places then you can choose a place that is truly trusted and do not try to use another exchange that is still new, a few cases ago that attacked the BCNEX exchange that made many traders unable to withdraw assets.
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May 12, 2020, 09:28:53 PM
 #133

if altcoin you invest has great potential, you don't need to panic if there is the worst possibility for the market, because if you panic you will suffer losses keep calm then sooner or later the altcoin will get back on track again.
different from you choose altcoin that does not have the advantage ready to be ready you suffer losses that can not be countered again.
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May 12, 2020, 09:55:12 PM
 #134

Well if we encounter some worst market Ill think we need to be calm and make some plan for it.
Actually we can find a why if we are in that situation and it depends on us of how to deal with that kind of market. Some people in here if the encountered like that they sell it early than to be come worst to drop in low of price.
They are saving their ass before losing their grip. It was a common action when you think the worse scenario will come and makes the decision to sell it now before it losses the chance. To this kind of market place, we should think wisely knowing that not all the time we are good and that was important to think about some plan before doing anything and have to stick on it.
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May 12, 2020, 10:01:39 PM
 #135

I would personally just keep on buying, look at people who bought at 20k, if they bought at 3k last time we were there, they would have been in profit by now if they invested enough there. That is just what I would do tho, I don't know what you would think smarter.
Anyone who invested in bitcoin when the price was around $20 k just rushed in to make a quick profit after hearing the market buzzing high and all the economic channels were showcasing the biggest rally in a market in a very long time and it was not surprising the swamp of investor to purchase when the price was at an all time high and if someone had a bad experience it is highly unlikely they will stay for a long period and then have the confidence to invest in it again.
The smart way is always entering when the market goes down, but there is no magical time.
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May 13, 2020, 09:04:42 AM
 #136

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

Sell coins and be safe - and why did you buy? To sell in a loss?  Cheesy You probably do not understand the real potential of cryptocurrencies, we are first inventors of the new technology that will change the world as we know.  Cool
Yes, absolutely agree with you, selling coin at bear market will not seems the great option to me. Because this market is volatile and you have to always prepare for such kind of situations. Panic sell won't be great idea instead of it if you see potential in coin then you must have to hold it. Something it's good to hold otherwise you will regret about it later.
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May 13, 2020, 09:29:26 AM
 #137

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

It depends on your knowledge and experience pretty much in the financial market. I know a lot of people have lost a lot of money when bitcoin dropped from $ 10k4 to $ 3k7 in just one week. This is crazy and that's the nature of finance. When there are already too many fomo people about something, don't run after it. Be the earliest to join or never join the game when the fomo level is at its peak. It is my experience to avoid strong market dumps.

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May 13, 2020, 09:40:52 AM
 #138

I would personally just keep on buying, look at people who bought at 20k, if they bought at 3k last time we were there, they would have been in profit by now if they invested enough there. That is just what I would do tho, I don't know what you would think smarter.
Anyone who invested in bitcoin when the price was around $20 k just rushed in to make a quick profit after hearing the market buzzing high and all the economic channels were showcasing the biggest rally in a market in a very long time and it was not surprising the swamp of investor to purchase when the price was at an all time high and if someone had a bad experience it is highly unlikely they will stay for a long period and then have the confidence to invest in it again.
The smart way is always entering when the market goes down, but there is no magical time.

Many people rush to buy when the price already topped! It's a mistake many people make, they believe it will continue to rise and they will make incredible profit! But who have experience with how markets do knows that every rise has a top and after that price will have a correction! It happens in every market, in crypto market that happens a lot more than on other markets! One of the reasons why traders love it, excitement is always there.



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Rainbot
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May 13, 2020, 10:24:42 AM
 #139

some time ago I have experienced something similar like this I was hit by a victim from the BCNEX exchange place, until now I still cannot withdraw assets that are still stuck at the exchange place, even though at the beginning they had a good platform but at the end of last year they show symptoms of a scam and it turns out that up until now there was a scam.

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batang_bitcoin
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May 13, 2020, 10:49:56 AM
 #140

some time ago I have experienced something similar like this I was hit by a victim from the BCNEX exchange place, until now I still cannot withdraw assets that are still stuck at the exchange place, even though at the beginning they had a good platform but at the end of last year they show symptoms of a scam and it turns out that up until now there was a scam.
A lesson must be learned from your experience and that is be careful when you're choosing an exchange platform. This is why it's best just to go with the known names of the exchanges rather than trying something new that you would be risking your money.
For test trials you can spend a small amount if that's the purpose but for bigger amounts, I would rather not that instead.
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