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Author Topic: How do you fight Market depression  (Read 8974 times)

Offline Limabd

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Re: How do you fight Market depression
« Reply #15 on: June 13, 2021, 12:39:20 PM »
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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Re: How do you fight Market depression
« Reply #15 on: June 13, 2021, 12:39:20 PM »

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Re: How do you fight Market depression
« Reply #16 on: June 13, 2021, 01:36:51 PM »
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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Offline Papa Bear

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Re: How do you fight Market depression
« Reply #17 on: June 13, 2021, 06:28:14 PM »
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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Re: How do you fight Market depression
« Reply #18 on: June 13, 2021, 08:36:02 PM »
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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Offline Evgenklm

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Re: How do you fight Market depression
« Reply #19 on: June 13, 2021, 08:43:39 PM »
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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Re: How do you fight Market depression
« Reply #20 on: June 13, 2021, 10:04:05 PM »
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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Re: How do you fight Market depression
« Reply #21 on: June 14, 2021, 04:17:12 AM »
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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Re: How do you fight Market depression
« Reply #21 on: June 14, 2021, 04:17:12 AM »


Offline Mbah Jenggot

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Re: How do you fight Market depression
« Reply #22 on: June 14, 2021, 04:47:52 AM »
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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Re: How do you fight Market depression
« Reply #23 on: June 14, 2021, 06:22:34 AM »
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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Re: How do you fight Market depression
« Reply #24 on: June 14, 2021, 06:59:08 AM »
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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Re: How do you fight Market depression
« Reply #25 on: June 14, 2021, 11:18:43 AM »
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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Offline CryptoStar19

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Re: How do you fight Market depression
« Reply #26 on: June 14, 2021, 03:23:55 PM »
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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Re: How do you fight Market depression
« Reply #27 on: June 14, 2021, 06:10:57 PM »
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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Re: How do you fight Market depression
« Reply #28 on: June 14, 2021, 09:37:53 PM »
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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Re: How do you fight Market depression
« Reply #29 on: June 15, 2021, 06:49:18 AM »
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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