Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on June 12, 2021, 11:47:39 AM
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
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Correction of the cryptocurrency market is constantly needed so that new investors would start investing in cryptocurrencies, so when the correction of the cryptocurrency market begins, I usually sell most of the cryptocurrencies and I get great profit from this and then I just wait for the prices of top cryptocurrencies to fall very much to invest in them again, and so in general, I do not even worry if the market correction begins, since the time will come when the market will start to grow again.
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@tonymillions84 I'm not going to tell you what to do, but I will tell you what I do. If you don't need money for your daily life, I think it is a mistake to sell, because at any moment the market situation can change. As an example I will tell you something that happened to me, in 2017 I participated in the GET Protocol ICO, a project that I found very interesting, I bought 600 tokens at $0.93, I sold those 600 tokens on April 1 of this year at $10.22. I hope you understand what I am trying to explain to you ;).
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
Market Depression I don't fight it, I'm just letting it pass and I don't want to be affected as much as possible by any market condition, because in the very beginning I already accept the fact that the market is very volatile and unstable so anytime I can lose my money because of the price fluctuation that's why I have calculated it carefully so that the effect might be minimal and won't harm my portfolios.
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Seriously if you are not new in Cryptocurrency I believe dump in market is normal which have been happening always but I see no reason why you have to be depressed I just believe is normal and you don't have to sell your coin at lost because it is really bad as a trader or investor, my advice is for the newbies in the room I believe must of you people won't have experience this kind of dump before but I believe is just temporary which will soon be over. The only thing you can do to reduce depression is to stop checking your wallet address where your coins are.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
I always set a target to buy the top raknked coin then put stoo loss and set tp. That's how actually control my nerve to enter on marlet and stay with. I think it could be a great strategy if you follow it perfectly.. Never get panicked..
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Currently, the condition of the Cryptocurrency market is experiencing an extraordinary depression, but there is little profit that I get. It's just a coincidence that I swapped my assets into FIAT because I really needed money. So the current market conditions don't really affect me. But I'm sure, Cryptocurrency market conditions will improve soon, Hold assets and get profits in the future.
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Volatility is very normal in crypto market. I always invest the amount of money that i can afford to lose. Crypto trading is not for weak hearted people. The people who cant sleep in tention of trading should not trade. Just dont be greedy and trade with small amount of money if you are fearing of losing. Just ignore the losings.
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Just be ready with all risks before going into the crypto market.
Because if we are not ready yet, we will panic and then will not work again in crypto. This recent market price is still a big challenge for all of us and we can struggle to survive during the bearish market.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
You aren't alone, what it takes to be a good position when prices go up is to have bought when things were down in a time when no one else wants to be buying... but the human tendency is to chase prices going up.
Success in these markets in not intuitive, it comes from buying when market sentiment is at its lowest and selling when market sentiment is super bullish... this tends to be the opposite of human intuition.
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I fully understand what you are hinting at. Though I don't consider myself as an expert in cryptocurrency, I am in this industry for years experiencing and learning many things. I realized that in the first I really don't belong here since I am averse to risk-taking and I can easily be discouraged whenever I am seeing the market again getting into the bear territory. In the past, I made so many mistakes including being hacked via phishing, losing control on accounts because I lost my Google Authenticator or just failed to record the code to have it back - simple but crazy mistakes that I should not have done and in fact going through them all right now it can just be depressing.
There is nothing we can do where the market is going...we have no choice but to go and play with it. I am sure you know the history of cryptocurrency - we are all about ups and downs, pumps and dumps, so there is nothing new in here. The only consolation is that we are also sure that things will get better after they hit the bottom - so the next question is where is the bottom with all of these happening right now. There is no point of being sad because it would never change anything.
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The main thing that you shouldn't do in case of a sharp and deep fall in prices in the cryptocurrency market is to sell your cryptocurrency assets at a loss. If you did not manage to fix your profit in time, you need to patiently wait for the next wave of price growth in this market, nothing can be done here. Considering that prices on the market have been constantly growing over the past six months and even in the current state are still high compared to November last year, so far there is no particular reason for concern.
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I think there is no reason why you have to be depressed I just believe in normal position and i think you don't should have to sell your coin because it is really bad as a trader or investor. So my advice for the newbies in the room I believe must of you people won't have experience this kind of dump before but I believe it just temporary which will soon be recover and market will go up next. So its not necessary to fight market depression.
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I feel you, but it is difficult to predict the market movement. I have many Altcoins that are now of no value, or they are now shitcoins because of keep on holding, and some were repentant to sold because their price goes up now. So I think aside from our great strategies, we also definitely need the power of luck.
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We know that cryptocurrency market is alowes depend on up and down. Sometimes we can see that market position is going down.But gradually it's position will best,then it's position will be up.So we can not surely understand the cryptocurrency market position. After all if we can not understand the cryptocurrency market position.So if we wait until market best position we don't depression in cryptocurrency market.
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Currently the cryptocurrency market is facing a remarkably bad situation.Of course this is very normal for the cryptocurrency market. Be prepared about all the risks before going to the crypto market. This recent market price is still a big challenge for all of us. However, I hope that the situation in the cryptocurrency market will improve soon.
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Honestly is too hard to fight Market depression because it will depend the coins prices become a higher sales and it will be monitored all cryptocurrencies the projects will almost success and the platform become a big chances the market can survived.
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Yes, if you are not new to cryptocurrency, I believe that market fluctuations are normal no matter what, but I don't understand why you should get depressed. I believe this is normal and you should not sell your coins at a loss because you are a very bad trader or investor. Experience with this is nonsense, but I think it is a temporary phenomenon that will soon end. The only thing you can do to reduce your depression is to stop checking wallet again and again.
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if you buy top coins then you better hold it. market conditions are always changing, therefore you must be able to predict the price movements that will occur
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Yo be honest, you need nerves of steel here, because anyone who trades cryptocurrency should always take into account the risks, they are huge and of course depression happens often , because it is not always possible to trade in profit, I will say again, you need stress resistance.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
Getting yourself worked up is not the solution either, in this current market condition it is mostly better to pay less attention to the price and try engage in other things in real life to ease our tension a bit, bear market affects everyone unfortunately and best solution is being patient and not panic to seil off your assets.
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Before entering the Cryptocurrency market, we must first understand the nature of Cryptocurrency coin prices. That is, Cryptocurrency prices that have high fluctuations can cause really frustrating market conditions.
By understanding this, maybe we can be calmer in the face of a sudden worsening market depression. And again choose a token that has good potential, so that the opportunity to get a higher profit.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
I think , You should have own analizing about crypto market and progress of your coins.
For now, the market is recovering slowly and several coins are still struggling. Hold is the best way to do, dont oanic selling you will lost alot.
I think market will recover again.
Several friends also confused to face the current market.
But Keep calm and always see the market progress.
Be yourself.
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Apart from holding coins, I will stake and provide a liquidity pool to avoid a slight loss, but some coins I don't think will go up in a short time because they have products that are not fully usable, I will sell and buy back when the price drops, you must have a sell target at a price that you think is safe and not a big loss during the sale then choose another coin for short term trading and take a small profit.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
You are going to give yourself a heart attack if you keep worrying about the market like this. You must have understood this process about the market a long time ago as you are not new to this space. TAs don't work all the time because we have noticed that there are other factors that contribute to the movement of the market price like the recent FUDs. Tweets from Elon musk, news from China, and even the ex-US President but you must learn how to ignore and HODL on to your investment if you really believe.
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From technical analysis, the counter-trend line is complete nonsense, it hasn't worked for a long time! If in the future there is a reversal, such as from a countertrend, then in 50-50 cases, the price either does not reach the countertrend line, or breaks it and even fixes there, planting longists, but then reverses, marking a false breakout. And when the price goes beyond the counter-trend to update the highs, then in 50 to 50% of such cases, the price breaks through this counter-trend at a stroke and without any retests goes further, that those who wanted to go on fixing above the counter-trend and on its retest remain with their noses
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
You are going to give yourself a heart attack if you keep worrying about the market like this. You must have understood this process about the market a long time ago as you are not new to this space. TAs don't work all the time because we have noticed that there are other factors that contribute to the movement of the market price like the recent FUDs. Tweets from Elon musk, news from China, and even the ex-US President but you must learn how to ignore and HODL on to your investment if you really believe.
When the FUD breaks out and the price actions follows, the thing to ask is "has anything changed fundamentally about bitcoin that would make me worry about its future potential?"... and the answer is always a definitive NO. So keep calm and HODL on.
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I deserve, there is a chance that the market will recover very soon, we are at the bottom right now, and many investors and whales are now going to pump the price of the cryptocurrency in the market so, expect the market to be good soon and one thing is important that crypto investment is not for short time those who are greedy they will be sufferer.
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I deserve, there is a chance that the market will recover very soon, we are at the bottom right now, and many investors and whales are now going to pump the price of the cryptocurrency in the market so, expect the market to be good soon and one thing is important that crypto investment is not for short time those who are greedy they will be sufferer.
Yes, today we are already seeing a good rise in the price of bitcoin to $ 40,000, as well as a corresponding rise in prices for altcoins. They say that this is again connected with Elon Musk's tweet that Tesla will still accept payments in bitcoin. Even at the current level, the market situation does not seem so hopeless as to discuss the issue of combating depression. The coming days should show whether the market will continue to recover or whether today's surge in prices has been temporary.
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Just cool my mind because I have not other options to fight market depression . Whatever others people do that's not my concern . I give my example . I know today btc price $40,320 which is more than before that mean the price gradually up .I will sell others coin to release pressure but not BTC like big profile coins . I don't sell BTC, Ethereum , BNB . I hold 5 coins but now this list have to cut out and hold 3 coins . And finally fight myself with cool brain . In these way treaders can fight market depression .
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As depression is a sort of tension :D that can't be controlled, So make a trade, add a TP/SL and then don't see the market or check it once a day because checking the market again and again or watch the market continuously will cause this Depression.
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There is no difference. The difficulty has not changed. Even when China cut down, allegedly because of the relocation of miners. So there are not many miners in China. The fact that many people are connected to Chinese pools does not mean that they are located in China.
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There is no difference. The difficulty has not changed. Even when China cut down, allegedly because of the relocation of miners. So there are not many miners in China. The fact that many people are connected to Chinese pools does not mean that they are located in China.
65% of Bitcoin's hashrate is in China. And I do not mean that from anywhere on the planet they are connected to pools, I mean that it is where the largest mining farms in the world are, especially in Xinjiang region. In the network you can find numerous articles (old and new) where they explain it in more detail. Anyway, I don't think the Chinese government will achieve anything important with the new measures.
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the time has come when powerful traders control and dominate the market. waiting for low sellers to sell off and leave. the best anyone new to crypto can do is to hold on and make sure he or she buys more. currently doing the best i can to get my hands on more crypto especially the top tokens on the coinmarketcap.
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most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
:D :D this is true words from all investors actually. It also happened several times in my life also. Suppose i hold a token 9 months and when i saw market going dump to dump day by day and sell token with angry, after my sell pump started. its send me in depression when my all dividends go in front of me. I also could not guess why it happened.
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The cryptocurrency market is very volatile; It cannot be said when it will be pumped or dumped. As the chances of profit are high in crypto, so are the risks. So before getting involved in the cryptocurrency market, you have to understand the nature of cryptocurrency, you have to come to crypto considering the risk. Only then will it be possible to fight market depression.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
I advice that you learn how to be patient in negative situations. There was actually some dumps and many negative news that surrounded the crypto market through out the month of May and even earlier June,2021. Just hold until the market bounce back, otherwise you may experience heavy losses if you sell because of fear of a further market dump. Be courageous and HOLD. Thanks
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The Crypto market is unpredictable, we must be always ready to deal with whatever the situation every time. You must realize the risks and don't be influenced to be panic about the situation. The Crypto market is in a downtrend now, but it should increase again in the next few months. So if your coins cannot rise up this time, just keep holding till the next few months.
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The down market or bearish market make many people down and depressions. There are also many people who are here feeling very depressed because of the dropped asset values in the portfolio. And we must be aware that crypto always is very risky. And we can stop looking at the market when the price is very down
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
I think you should learn your character of coins that you choose.
Every business has risk.
You should keep calm and learn more about crypto and always see the market progress.
Crypto isn't short term.
We always learn anything about crypto if you want to be succes of crypto.
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You just need to be as diligent as possible on changes in the market, but of course it is very difficult when your coin is rapidly falling, but still, after the fall, growth occurs, you just need to take a wait-and-see position, in any case, there will be a mouth and all costs can be recouped, you just need to be patient ...
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I don't know the effective way in a short time how we deal depression if we already in lose. But we can anticipate depression by not taking risk. I feel bad but not depress. Depression is serious mental breakdown. If my tokens are down I choose to stay away for one week or until the recovery time.
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The cryptocurrency market is never stable. The cryptocurrency market is always pumping and dumping which is normal. But when the cryptocurrency market is corrected: I do not sell any cryptocurrency from the beginning. I am waiting for the market to be corrected again. When the market is corrected again. Then I can make a profit by selling cryptocurrency. So I would say when the cryptocurrency market is corrected. Then don't despair, wait for the market to correct again. As a result, you can benefit.
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It's hard but most time convert to stable coin, because depression cut one when you are not prepared that is it. And can also convert it Coin to reliable and altcoin also depends on choice.
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It's hard but most time convert to stable coin, because depression cut one when you are not prepared that is it. And can also convert it Coin to reliable and altcoin also depends on choice.
It is difficult, but depression will get us nowhere, what we must do is learn from our mistakes and be more prepared the next time something similar happens. I have always thought that having a part of our funds in stable coin (50% - 60% in USDT in my case) is a good option to face the market as it is now.
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If you cannot manage to watch your portfolio drowning. Take a rest for a week or month until your tokens has fully recovered. Do not be depress as much as possible because it is not helpful to your health and nothing change if you worry or will panic.
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I'm sure throwing in the market is a normal thing that always happens but I don't see any reason why you should be depressed.
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I'm sure throwing in the market is a normal thing that always happens but I don't see any reason why you should be depressed.
There are many people (usually with little experience) who do not know how to handle these situations. They believe that they are going to lose their investments (be it a lot or little money) and that affects their mental health. What @TERMINO has said is a good idea, "forget" about cryptocurrencies and Blockfolio for a few weeks and come back with a clear and calm mind. Health is the most important thing to be able to do anything.
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If you cannot manage to watch your portfolio drowning. Take a rest for a week or month until your tokens has fully recovered. Do not be depress as much as possible because it is not helpful to your health and nothing change if you worry or will panic.
True that and it is not important for you to be looking at your portfolio even now and then because you already know that the market is in a downtrend so just forget about that for the main time and understand that the market will recover as it always does.
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True that and it is not important for you to be looking at your portfolio even now and then because you already know that the market is in a downtrend so just forget about that for the main time and understand that the market will recover as it always does.
The belief that the market will recover can be seen from the movement of bitcoin that does not want to drop below the $30K price and is comfortable at the current price. indicates that there is a desire to look for opportunities to move up again so we wait for that opportunity.
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now the price of ethereum means a lot for the crypto market, the dump may continue if the rate falls further below 2000. Everything can be determined by August, it remains to believe in the new developments on ethereum 2.0 and the big update
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If you cannot manage to watch your portfolio drowning. Take a rest for a week or month until your tokens has fully recovered. Do not be depress as much as possible because it is not helpful to your health and nothing change if you worry or will panic.
True that and it is not important for you to be looking at your portfolio even now and then because you already know that the market is in a downtrend so just forget about that for the main time and understand that the market will recover as it always does.
You just need to accept the cryptocurrency market as it is and not forget that it is impossible without losses on it. Even the most experienced ones suffer losses, since the price movements in this market are very unpredictable.
It should also be remembered that this market develops cyclically and there will be a period of growth after a period of price decline.
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Yeah, exactly this is a hard time for a crypto market where the price is often dropping daily. And about what to fight our depression is based on ourself strategy previously. If we are using free money for investment and trading, it will make us feel calmer, but if not, we will stay depressed. Additionally, just be patient and see another chance to get profits from the trading
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I will choose tokens that are being hyped, such as meme coins and some NFT projects.
then do some in-depth research on the roadmap and i think when the crypto market is bullish there is no decision to make other than HODL and look for new coins for short term trading.
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Yeah, exactly this is a hard time for a crypto market where the price is often dropping daily. And about what to fight our depression is based on ourself strategy previously. If we are using free money for investment and trading, it will make us feel calmer, but if not, we will stay depressed. Additionally, just be patient and see another chance to get profits from the trading
Depression will always be present in the cryptocurrency market. It especially covers market newcomers who have put all their savings on the line. I think that you just need to be patient and study those projects in which you are ready to invest in order to avoid mistakes.
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Yeah, exactly this is a hard time for a crypto market where the price is often dropping daily. And about what to fight our depression is based on ourself strategy previously. If we are using free money for investment and trading, it will make us feel calmer, but if not, we will stay depressed. Additionally, just be patient and see another chance to get profits from the trading
Depression will always be present in the cryptocurrency market. It especially covers market newcomers who have put all their savings on the line. I think that you just need to be patient and study those projects in which you are ready to invest in order to avoid mistakes.
Yes, you're right , patient is a virtue.. If we keep calm and patient we will get profit.
Don't be panic and also depression..
Because crypto currency is still struggling now.
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There is a lot of gains to be had in crypto (more so than in any other investment asset class available to masses) --the price we pay for these gains is that we must persevere through the volatility. This is a game of patience and time. I feel that the depression spoken of here only happens at entry... after the first cycle we participate in, we understand that the ups and downs are a natural part of the crypto space... the bear market is where the real money is made.
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we hope that the bull phase of the market is not over and that there is only a pause, an interval and that the market rush will resume as soon as possible, however the market is too unstable to make a long term hold strategy, but we must focus only on few coins of sure success eth? bnb? however, to earn we have to risk
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we hope that the bull phase of the market is not over and that there is only a pause
One of the ways to fight depression is to remember what you said above. We all know altcoin season is not as expected yet, even there are many altcoins that still didn't reach new ATH. This is the sign that bullrun is not over yet, there is a chance for bullrun to appear again in the near future. So, don't be so depressed about the situation, there is always an opportunity for a miracle.
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Friendly advice:
Do not invest if you don't know how reliable the team are.
Invest in on trend token for sure it will increase.
Do not fix your TA, it could happen or not so be adoptable.
One important thing, Just Invest What You Can Afford to Lose. Cryptocurrency is volatile. Be flexible.
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The market falls very quickly and shocks everyone, which also shows that the price will soon return to the level it was before the volatility. I understand that and without selling any tokens, I continue to DCA to get the best price possible to maximize profits during this bullrun season.
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I spend the profits from my trade to beautify my house so that my house is beautiful to look at and live in and buy a decent vehicle for my life with my family.
I'm trying to fight the depression of this declining market by enjoying the rewards of trading profits and this is my path in cryptocurrency and it's really fun.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
Patient and wait. I think the best way to against market depression.
Crypto currency is decentralised, no one can control their price..
I think It's just market correction.
Wait for several months again.
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To earn money in crypto always have to walk towards the trend then only we can earn money because nft was trend in early 2021 but now many new nft games are coming in crypto which we can analyze and good earn money
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
Patient and wait. I think the best way to against market depression.
Crypto currency is decentralised, no one can control their price..
I think It's just market correction.
Wait for several months again.
You give very correct advice. Do not panic and indulge in the general mood. The market is simply at such a stage of its development that many may think that it will not rise. In fact, the future of the market is bright and soon we will all receive a reward for our patience.
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To earn money in crypto always have to walk towards the trend then only we can earn money because nft was trend in early 2021 but now many new nft games are coming in crypto which we can analyze and good earn money
Trend or hype. Dyor is always applicable as always to determine which is much better one over the other. We cannot hit all birds in one or two stones. Money is possible but the assurance should be the first to be granted.
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For me my first going to do regarding to fight a Market depression just allow to exchanges and hold all the coins which will affected to the volume of prices because depression will always there and need to be patience regularly however the time will comes to be a good price in the market.
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For me my first going to do regarding to fight a Market depression just allow to exchanges and hold all the coins which will affected to the volume of prices because depression will always there and need to be patience regularly however the time will comes to be a good price in the market.
In difficult times in the cryptocurrency market, you need to understand that they will pass over time. The prices of the coins in which you have invested in the long term will increase and then there will be an opportunity to get a well-deserved profit after selling them at the maximum price point.
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There is nothing we can do to secure our assets, except to remain calm and patiently wait for prices to rise. Because panic will only make us lose the value of our assets.
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There is nothing we can do to secure our assets, except to remain calm and patiently wait for prices to rise. Because panic will only make us lose the value of our assets.
We should also practice to read news and updates from each new tokens that we invested. Being updated is smart move to hold with worth or hold with worse. Yeah, calmness and being patience is always necessary only for diamond hands. :D
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There is nothing we can do to secure our assets, except to remain calm and patiently wait for prices to rise. Because panic will only make us lose the value of our assets.
We should also practice to read news and updates from each new tokens that we invested. Being updated is smart move to hold with worth or hold with worse. Yeah, calmness and being patience is always necessary only for diamond hands. :D
Constant monitoring of news about the cryptocurrency world is a prerequisite for the success of each market participant. You need to understand that the prices of coins change and it will be correct to find the moment of the minimum price.
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There is nothing we can do to secure our assets, except to remain calm and patiently wait for prices to rise. Because panic will only make us lose the value of our assets.
We cannot control the future of the projects we invest in, but we can know which projects may be more successful. DYOR is always the most important, reading and interpreting the news in general and updates from the #DevelopmentTeam s is also very positive, that way we will know which coins/tokens to keep and which ones not. What benefits us the most in cryptocurrencies is the time we spend educating ourselves about them.
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We Can't fight market depression but we can easily protest ourselves from that by analyzing the coins and after all i can say that I always passed the market depression and will control myself for not suffering from too much loss.
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This is a normal market sentiment you are experiencing. You sell a token, and the price pumps. You buy a token, and the price dumps. Regular day in a crypto trader office
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This is a normal market sentiment you are experiencing. You sell a token, and the price pumps. You buy a token, and the price dumps. Regular day in a crypto trader office
If what you've said makes someone depressed, it's because that person doesn't really know much about the world of cryptocurrencies and trading, that's why I've always said that education is the most important. I hope that no one misinterprets my words, it is normal to feel bad when you see your investments lose value (especially newbies), but with previous education and knowledge of the market we know that it is temporary. If that keeps happening to someone with years of experience, may be it would be better if he did not invest more to have better mental health.
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To be honest, I also felt depressed when the market correction was too deep at that time and the price dropped more than 50%. Until now, my assets are still not back yet at all. Still, many coins are decreasing and not reaching the higher price as the previous bullrun.
However, for what I feel depression always? It just can hurt me. That si why we should use our logic in this time, be calm, and see another prospect to trade.
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Just one thing I wanna tell about myself that i don't take interference in the market when it is going to down just let it pass and be aware before it by analyzing the coins. This will give you much profit.
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To be honest, I also felt depressed when the market correction was too deep at that time and the price dropped more than 50%. Until now, my assets are still not back yet at all. Still, many coins are decreasing and not reaching the higher price as the previous bullrun.
However, for what I feel depression always? It just can hurt me. That si why we should use our logic in this time, be calm, and see another prospect to trade.
That is precisely what we must avoid, we must not allow that to affect us in our day to day life. It is normal that we think "fuck, the market goes down again" but nothing more, we must be positive or not only will we end in depression, it is also likely that we will end up bankrupt since we cannot think clearly and we cannot take advantage of some opportunities that can move us forward and regain mental clarity.
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To trade on the crypto market, you have to be ready for the unexpected. I think that the most important thing in this business is to be able to manage risks and not to catch tilt. I advise all beginners to read the article https://nsbroker.com/crypto-info/trading-cryptocurrencies-associated-risks . For experienced traders it is also worthwhile to refresh your knowledge. It does not matter how the market behaves as long as you know how to manage risk.
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The first thing to do is be calm and not panic! We already experienced market corrections many times, so we must be ready to deal with a such situation at any time. Some people who have no experience in crypto market may feel depressed because they are shocked and surprised, but those who have enough experience shouldn't be depressed. It won't happen a long time, there should be a rising or a pump in the near future.
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The first thing to do is be calm and not panic! We already experienced market corrections many times, so we must be ready to deal with a such situation at any time. Some people who have no experience in crypto market may feel depressed because they are shocked and surprised, but those who have enough experience shouldn't be depressed. It won't happen a long time, there should be a rising or a pump in the near future.
Agrree mate, we will face several correction as long as the bullish season now..
Before touch new ATH, I think market will have correction.
That's normal, always keep calm .
I think, investing in crypto currency is always fluctuate.
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In trading everything can happen and we just only predict and can't say at a high level that the prediction we assumed should be 100% up to the point. I want to say one thing that market depression can be taken serious but we should be aware of it before it was made. So, be prepare for every situation in trading.
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We think that to trade in the market you need to study it before. To see how everything falls or is going up, on what level, so that you can understand a little bit of it. You need to be aware that there are times when you won't make a big profit, but only when you are very sure of the market itself. All you need to do is to pay a little bit of attention to the cryptocurrencies and trade in a strategic way.
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In trading everything can happen and we just only predict and can't say at a high level that the prediction we assumed should be 100% up to the point. I want to say one thing that market depression can be taken serious but we should be aware of it before it was made. So, be prepare for every situation in trading.
Good opinion, be prepare for everything situation in trading and investing.. Anything can happen at crypto currency space.
Depression, I think We should enjoy the process and learning by the situation.
It will give you the experience.
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Invest with the amount of money you can afford to lose.
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Invest the amount of money that you can bear to lose.
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Invest the amount of money that you can bear to lose.
that's only one correct strategy
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Invest the amount of money that you can bear to lose.
that's only one correct strategy
What is the meaning of your opinion, invest to lose, I do not understand what you are talking about because it is not clear what you are aiming for, hopefully I can provide enlightenment with a more complete description and don't hesitate to write in more detail so that it can be understood. #spirit
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Invest the amount of money that you can bear to lose.
that's only one correct strategy
First thing first "invest the money that you can afford to lose." Basic guideline to avoid so much depression along the way. Market is always not in uptrend movement for sometimes its move sideways in unexpected moment.
If you follow the basic guideline about investment it could save you from sleepless night, and deep regrets. Do not sell your car, house, or whatever that valuable for crypto investment specially if not so sure about the win result.
But how to avoid so much depression if you are there already? Accept the fact that you lose. Do not repeat the same mistake. Do not give up. Failures are good teacher to become more effective and mature in the future.
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I don't think there is a need for depression when the market enters the bear run because it is normal that your TA can fail sometimes, and the market might fluctuate, what you have to do is try to be more careful when analysing the market and try not to always open your wallet if you are the fearful type of person.
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That's really hard things for day traders , but personally i am not a day trader . I just select few coins ( like moonpoly , eth , btc ) as a longterm investment . I always used sip strategies in these coins . So i never stressed if these coins are pump or dump 🤔 . I can hold and accumulated these coin on ATL and ATH 😉 .
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When the market corrected, many people sold off tokens out of anxiety and fear, but I continued to DCA adding more good tokens like EOS & IOTA. Now things are getting better as IOTA is having good development.
It's a pity that many people have given up on the market too soon.
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When the market corrected, many people sold off tokens out of anxiety and fear, but I continued to DCA adding more good tokens like EOS & IOTA. Now things are getting better as IOTA is having good development.
It's a pity that many people have given up on the market too soon.
Some times those people you think has been given up were actually shift their attention to another much better and potential token. You know each of us has a set of standards and lineup to invest those potential token. If there is a chance then time to shift immediately.
Other may really experience massive lost that result to stop crypto investment and start FUD the crypto world.
Wise and tough are those who remain despite of deep wounds from unfortunate investment. Good luck to your IOTA & EOS. And good luck to us
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Yes, sometimes the market is playing to us whenever we sell it, it suddenly increasing but it's all about patience my friend, the game of patience.. If you give up then you will lose just keep it hold if you believe the coin and also the project. The bear is just temporary, soon the bull will come.
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A patient earns money in the market, you just need to decide on your trading algorithm. You just follow a strict rule, either SL or TP.
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Yes, sometimes the market is playing to us whenever we sell it, it suddenly increasing but it's all about patience my friend, the game of patience.. If you give up then you will lose just keep it hold if you believe the coin and also the project. The bear is just temporary, soon the bull will come.
In the cryptocurrency market, it is very important to have patience and believe in the coin you have invested in. Of course, before investing, you need to check the project, this is very important. The most important thing is to understand for yourself that even in difficult situations in the market there is always a way out and in the future everything will change for the better.
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There is no need to fight with the crypto market which is always changing all the time because cryptocurrency should not be fought but followed in the direction where the flow is so that it can generate profits.
I also believe and hope that everyone really wants to fight to be the best in the cryptocurrency environment but that can't be the case because cryptocurrencies are not centralized.
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There could be a lot worse situation in the market. But the mind can never be weak. Just think that the market will rise again. What can I do at that time? Market conditions are down but don't panic and sadness, there is a time to rise. In the market there is still a chance to move up and have a reasonable price. We wait for the time to go green and sell, if now we still have capital, see the coin go down and buy it for the short term and keep watching the market conditions so that we have the opportunity to get a profit. So there is place for depression.
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I don’t fight anything by investing in the cryptocurrency market. Because the cryptocurrency market is always changing. Suddenly the price of any cryptocurrency can go down a lot. Again, in the future, due to the various developments and popularity of that cryptocurrency, the price may increase a lot. So investing in a little research is less likely to be a loss. So it is better to refrain from fighting by investing in something.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
Keep calm mate, I think crypto currency market still depends o no bitcoin progress.
If you see bitcoin has good progress, I think almost all of altcoins will follow it.
Si if the market depression, I think hood is the best way to do.
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Cryptocurrency Market correction is very Required. Because if you can modify the market, it is easier to sell here and you can get better prices.I just hope the market is in good shape for my currency person. Hopefully, if cryptocurrency can be modified better, then everyone can buy and sell currency better.
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Cryptocurrency Market correction is very Required. Because if you can modify the market, it is easier to sell here and you can get better prices.I just hope the market is in good shape for my currency person. Hopefully, if cryptocurrency can be modified better, then everyone can buy and sell currency better.
what modified ?? I think crypto currency will have bright future and always cannot be controlled.
So while market depression, I think It's the time to buy more and hold it.
Don't worry, market will recover soon.
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Some projects can be bought now from them, so the price is now at the very bottom, for example, the EOS project cost $ 4 when it cost 2 or even 3 times more. The time will come and these projects will grow, no need to pay attention to other projects that have grown very well now to the limit.
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Seriously if you are not new in Cryptocurrency I believe dump in market is normal which have been happening always but I see no reason why you have to be depressed I just believe is normal and you don't have to sell your coin at lost because it is really bad as a trader or investor, my advice is for the newbies in the room I believe must of you people won't have experience this kind of dump before but I believe is just temporary which will soon be over. The only thing you can do to reduce depression is to stop checking your wallet address where your coins are.
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Cryptocurrency Market correction is very Required. Because if you can modify the market, it is easier to sell here and you can get better prices.I just hope the market is in good shape for my currency person. Hopefully, if cryptocurrency can be modified better, then everyone can buy and sell currency better.
what modified ?? I think crypto currency will have bright future and always cannot be controlled.
So while market depression, I think It's the time to buy more and hold it.
Don't worry, market will recover soon.
I have no doubt that the cryptocurrency market will recover. And of course now it is very profitable to buy promising coins that have fallen in price for their subsequent resale in the future. In times of depression in the cryptocurrency market, you do not need to fall into it yourself. It is better to set serious goals for yourself and go to them no matter what.
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We need to invest in cryptocurrency with patience and understanding. The monetary policy you will invest in must be well understood and listened to. Because if you can invest in old coins, you are more likely to get good results Before investing, you must understand the cryptocurrency market well and have a good knowledge of the market. If you can understand and invest well, you can expect good profit.
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I do not fight it, I invest my investments in a long-term investment and do not worry about what happens next with the market. I acquire a small number of projects at once, a couple of them go down, but other projects cover all losses with other projects.
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Patience is the most important key to fight with market depression. Don't be hasty in selling even we can not expect every coin to rise with the market some may not rise. The reason could be anything If you hold good potential coins you don't need to worry that will arise sooner or later. All you need to keep patience. I prefer holding rather than trading because in short term we can not expect coins to move according to our will.
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The main thing that you shouldn't do in case of a sharp and deep fall in prices in the cryptocurrency market is to sell your cryptocurrency assets at a loss. If you did not manage to fix your profit in time, you need to patiently wait for the next wave of price growth in this market, nothing can be done here. Considering that prices on the market have been constantly growing over the past six months and even in the current state are still high compared to November last year, so far there is no particular reason for concern.
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Currently, the cryptocurrency market is improving a lot. But when the market goes bad, I think the cryptocurrency community gets a lot of frustration. I think technical and fundamental analysis should be done in this case. Many times it is seen that technical analysis fails, then I think fundamental analysis is important. So one should keep in mind that any cryptocurrency price accelerates with a long wave.
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Currently, the cryptocurrency market is improving a lot. But when the market goes bad, I think the cryptocurrency community gets a lot of frustration. I think technical and fundamental analysis should be done in this case. Many times it is seen that technical analysis fails, then I think fundamental analysis is important. So one should keep in mind that any cryptocurrency price accelerates with a long wave.
Those who are engaged in cryptocurrency are always in a state of depression. You don't always sell at the highest price and buy at the lowest.I was selling coins and was happy, but after a month these coins grew by thousands of percent.The lack of profit also drives you into depression.
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We need to invest in cryptocurrency with patience and understanding. The monetary policy you will invest in must be well understood and listened to. Because if you can invest in old coins, you are more likely to get good results Before investing, you must understand the cryptocurrency market well and have a good knowledge of the market. If you can understand and invest well, you can expect good profit.
The cryptocurrency market is very volatile and in order to understand which coins are profitable to invest in right now, you need to have a lot of knowledge in this area. And of course, not the last important factor will be the availability of experience. In the presence of these two components, the chances of success increase. The main thing is not to make quick rash decisions.
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It sounds pretty trite, but you just need to stop trading, change the situation for a couple of days, and put your thoughts in order. And when you come back do not go in full volume to feel confident.
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We need to invest in cryptocurrency with patience and understanding. The monetary policy you will invest in must be well understood and listened to. Because if you can invest in old coins, you are more likely to get good results Before investing, you must understand the cryptocurrency market well and have a good knowledge of the market. If you can understand and invest well, you can expect good profit.
The cryptocurrency market is very volatile and in order to understand which coins are profitable to invest in right now, you need to have a lot of knowledge in this area. And of course, not the last important factor will be the availability of experience. In the presence of these two components, the chances of success increase. The main thing is not to make quick rash decisions.
knowledge always has been needed in crypto currency. Knowledge talent and analysis.
For fight market depression, I think we should calm and see the last years. Crypto currency is always volatile, no worries about the market.
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when that happens I prefer to get out of the exchange and forget some of my assets that are in the exchange, after the conditions of the exchange improve then I will go back in and see my assets after that I can make a profit withdrawal.
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when that happens I prefer to get out of the exchange and forget some of my assets that are in the exchange, after the conditions of the exchange improve then I will go back in and see my assets after that I can make a profit withdrawal.
The simple to say " hold" if market depression.
When market is red and the coins are going down , I think hold is the best way to do.
Because cut loss is not good way , if you want to be succes trader or investor
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Market depression can make me not appetite, especially if the asset value suddenly dropped dramatically. Maybe close the computer and refreshing can calm the mind to deal with such situations. But still we must occasionally enter the market to see the price development in the market, calm, patient and don't panic.
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I was depressed to trade with cryptocurrency. How I managed: I just went on vacation for a certain time. To take a break from cryptocurrency, you need to spend free time on yourself. These are nature walks, family vacations. What could be the best. The strength came at once!
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
In order not to worry too much about your losses in the future trade / stake / provide liquidity only for the amount that you are ready to lose. Otherwise, I don’t know how to protect myself. It seems to me that the position size is very important since the correct comfortable position size will allow you to remain unquestioning and not fall in love with the project and your position.
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Honestly, i found it difficult to cope with the market whenever my TA fails and the market enters a bear period. Although i struggle to sell or choose to Hold, i have noticed how many times, most of the tokens i hold doesn;t move and whenever i sell. changes happened. i honestly don't understand why.
please share how you deal with market situations and sentiments.
In order not to worry too much about your losses in the future trade / stake / provide liquidity only for the amount that you are ready to lose. Otherwise, I don’t know how to protect myself. It seems to me that the position size is very important since the correct comfortable position size will allow you to remain unquestioning and not fall in love with the project and your position.
As you be said, no worries.
Because marketnwill recover again
Invest in crypto currency is for long term inevs, while dump.you can hold.it and wait the market will green again.
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We need to invest in cryptocurrency with patience and understanding. The monetary policy you will invest in must be well understood and listened to. Because if you can invest in old coins, you are more likely to get good results Before investing, you must understand the cryptocurrency market well and have a good knowledge of the market. If you can understand and invest well, you can expect good profit.
The cryptocurrency market is very volatile and in order to understand which coins are profitable to invest in right now, you need to have a lot of knowledge in this area. And of course, not the last important factor will be the availability of experience. In the presence of these two components, the chances of success increase. The main thing is not to make quick rash decisions.
knowledge always has been needed in crypto currency. Knowledge talent and analysis.
For fight market depression, I think we should calm and see the last years. Crypto currency is always volatile, no worries about the market.
You will never be able to earn all the money in cryptocurrency, and you need to understand this so as not to fall into depression. Many argue that the best times of the market have passed, in fact they are just beginning and you need to believe in yourself, the market and in the coins in which you invest money.
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Relax mate, it happens to everyone. As long as you're in crypto, you would have days it seems the whole market is conspiring against you. Just bear in mind its normal and you need to be focused, and depression would be far away from you
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Market depression can make me not appetite, especially if the asset value suddenly dropped dramatically. Maybe close the computer and refreshing can calm the mind to deal with such situations. But still we must occasionally enter the market to see the price development in the market, calm, patient and don't panic.
Of course, if you do not invest the latter, then this depression passes easier. But when the money is taken from the bank (which I do not recommend), it is impossible not to look at the red market. You will still open charts 100 times a day.
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I think you need to convert everything into dollars and wait, you can - move away from the computer screen and do household chores, this will distract you well
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There is no way but to be patient while dumping the market. No investor can avoid liability in any market other than to be patient while dumping. If you think this is dumping You will always have the wrong idea. Dumping is temporary, if you have patience you can get something good again.
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There is no way but to be patient while dumping the market. No investor can avoid liability in any market other than to be patient while dumping. If you think this is dumping You will always have the wrong idea. Dumping is temporary, if you have patience you can get something good again.
Of course, dumping is temporary because the character of crypto currency is volatile.
Keep hold when the market is going down,
I think hold is the best way while market depression.
Always believe market will grow again.
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There is no way but to be patient while dumping the market. No investor can avoid liability in any market other than to be patient while dumping. If you think this is dumping You will always have the wrong idea. Dumping is temporary, if you have patience you can get something good again.
Of course, dumping is temporary because the character of crypto currency is volatile.
Keep hold when the market is going down,
I think hold is the best way while market depression.
Always believe market will grow again.
Yes, I agree. crypto currency is always volatile.
Sometimes dump and pump happened.
How to fight market depression, keep calm and hold.
Because crypto currency will recover again soon.
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There is no way but to be patient while dumping the market. No investor can avoid liability in any market other than to be patient while dumping. If you think this is dumping You will always have the wrong idea. Dumping is temporary, if you have patience you can get something good again.
Of course, dumping is temporary because the character of crypto currency is volatile.
Keep hold when the market is going down,
I think hold is the best way while market depression.
Always believe market will grow again.
Yes, I agree. crypto currency is always volatile.
Sometimes dump and pump happened.
How to fight market depression, keep calm and hold.
Because crypto currency will recover again soon.
Unfortunately, not everyone has a wealth of experience in the cryptocurrency market and not everyone has gained good knowledge about cryptocurrencies before coming to the market. Hence, incorrect decisions are obtained that bind the mind and a person begins to trade in depression, according to the correct scheme, from this he loses most of the profit.
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There is no way but to be patient while dumping the market. No investor can avoid liability in any market other than to be patient while dumping. If you think this is dumping You will always have the wrong idea. Dumping is temporary, if you have patience you can get something good again.
Of course, dumping is temporary because the character of crypto currency is volatile.
Keep hold when the market is going down,
I think hold is the best way while market depression.
Always believe market will grow again.
Yes, I agree. crypto currency is always volatile.
Sometimes dump and pump happened.
How to fight market depression, keep calm and hold.
Because crypto currency will recover again soon.
Unfortunately, not everyone has a wealth of experience in the cryptocurrency market and not everyone has gained good knowledge about cryptocurrencies before coming to the market. Hence, incorrect decisions are obtained that bind the mind and a person begins to trade in depression, according to the correct scheme, from this he loses most of the profit.
Even veterans of the cryptocurrency market are violating their strategies. When everything grows, they experience euphoria and do not sell, but as soon as the coin starts to fall, they immediately start selling. Not many people will be able to have nerves of steel.