Post
Topic
Board Trading Discussion
Re: Tips to survived the difficulties on market downfall
by
Jambolb2
on 01/05/2018, 11:58:33 UTC
Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)

HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.

1. Do not panic when market value is decreasing

2. Do not even think of selling you bitcoin or ethereum

3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation

Edit: additional. So, I suggest you go and hold next thing you know your might get rich

FOR INVESTING OR TRADING:

4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
 

5. study the past history of market value ( when holding or investing and even trading)






Thank you for this tips, its very useful to all new traders, and also patience inorder to survive the difficulties of the market.

   First of all courage needs to invest in bitcoin to bear the loss. Second if the price decreases don’t sell your holdings for low price. Third is try to split your investment in different crypto instead of putting just in bitcoin. Forth is the environmental scanning of business trend and the last one is cryptocurrencybusiness is risky and you will have to take risks to earn money.