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Author Topic: How do you fight Market depression  (Read 9038 times)

Offline tonymillions84

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How do you fight Market depression
« on: June 12, 2021, 11:47:39 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.
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How do you fight Market depression
« on: June 12, 2021, 11:47:39 AM »

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Offline trauchot

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Re: How do you fight Market depression
« Reply #1 on: June 12, 2021, 12:47:04 PM »
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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Re: How do you fight Market depression
« Reply #2 on: June 12, 2021, 01:11:44 PM »
@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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Re: How do you fight Market depression
« Reply #3 on: June 12, 2021, 02:16:19 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.

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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Re: How do you fight Market depression
« Reply #4 on: June 12, 2021, 05:35:45 PM »
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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Re: How do you fight Market depression
« Reply #5 on: June 12, 2021, 06:03:13 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.
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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Re: How do you fight Market depression
« Reply #6 on: June 12, 2021, 06:45:10 PM »
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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Re: How do you fight Market depression
« Reply #6 on: June 12, 2021, 06:45:10 PM »


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Re: How do you fight Market depression
« Reply #7 on: June 12, 2021, 06:59:07 PM »
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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Offline vegasus

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Re: How do you fight Market depression
« Reply #8 on: June 12, 2021, 11:59:53 PM »
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.

Offline CryptoStar19

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Re: How do you fight Market depression
« Reply #9 on: June 13, 2021, 01:44:52 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.

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.


Offline TomPluz

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Re: How do you fight Market depression
« Reply #10 on: June 13, 2021, 06:36:17 AM »


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.




Offline Senin

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Re: How do you fight Market depression
« Reply #11 on: June 13, 2021, 07:15:20 AM »
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.

Offline raisajahan

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Re: How do you fight Market depression
« Reply #12 on: June 13, 2021, 07:46:30 AM »
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.

Offline marcsymons

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Re: How do you fight Market depression
« Reply #13 on: June 13, 2021, 08:07:20 AM »
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.

Offline Azharul

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Re: How do you fight Market depression
« Reply #14 on: June 13, 2021, 11:53:04 AM »
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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