Quote from: KenChanYu on May 07, 2018, 11:19:58 AM

Quote from: ausbit on May 07, 2018, 10:31:32 AM

Quote from: Sled on May 03, 2018, 06:45:42 AM

Quote from: genocide on May 02, 2018, 11:52:05 PM

A financial crisis is a perfect time to buy stocks because many stocks are being sold at a bargain. At the same time, I obviously feel very bad for people that are not prepared for the next financial crisis. For these people, a financial crisis will have severe consequences. When will the next financial crisis come? I have no idea, but there will be several more crises in our lifetime that is for sure! Looking at the past few years, however, it is fair to say that the markets have been looking fairly bright. Following this, I believe that we are now starting to see some concerning trends in the global economy.

I also believed that it is the best chance or time for the buyers or long term investor to get into the stock or coin (if it is cryptocurrency) so they can have more quantity of that certain coin or stock and that will give them a huge chance in the future to make a lot of profit. We should always be prepared for the crisis and we can do that by getting updates from the coin or stock that we are holding and to the overall market.

Crisis is coming in which regard. Crises are there in the crypto market and if it is so, this is nothing new for the investors of the crypto currencies. Every crisis is followed by golden time and only those who dance in the storm are the ones who grow up strong in their life later. Dont fear the crisis. They teach you the hard lessons of life and as you mentioned, differentiate your well-wishers from your enemies.

Crisis can be very challenging, and emotionally stressful. But I believe that this can be remedied by regaining your calmness and taking definite actions. The course of actions to do is to prepare for the crisis, trust that you can recover your financial stability once again, don't waste time to be cornered by the situation, make a budget, design a plan, cut off tools from easy spending and strictly manage bills. Life is unforeseeable, but if there's anything to do to prevent this setback is to be prepared and careful.

Only a person who has no experience of digital market or is totally new will face difficulty during declines. These appear to be hard times when in actual they are equally important as pumps because without dips, it is not possible to buy a coin at low value. A person with a good understanding of bitcoins nature and its future can make profit from the declines to by buying more coins.