Quote from: Omega Weapon on June 04, 2018, 09:59:11 PM

Quote from: satria stell black on May 26, 2018, 08:44:17 AM

Quote from: 007 SHIELD 007 on March 13, 2018, 07:37:19 PM

I saw many people are struggle with money management in crisis time and loose their attentions. as result many people get frustrated. they will try to get out from this situation very badly ..what do you think how you can manage your money in this situation or what would be your step?

During the crisis in trading, of course, I will try to be calmer. I will not be hasty in making a decision in just a short time. When all the coins I have are low, I will hold them until I get high again. Most importantly we must always think positive and optimistic about what we do.

Trying to take decisions when you are not calm and the market is moving in strange ways is a sure way to lose your money, so it is better to wait until you are calmed down and can think clearly about the situation, when you do that most of the time you will find out that the best thing you can do is to do nothing and keep holding your coins until the crisis is over.

That is a wise piece of advice indeed. You should not make any serious and important decision when are under stress. Your mind cannot look at those dimensions that are important while making decision and out of frustration, you take wrong dictions. All wise men have suggested to do nothing when you are stressed. Just try to calm down first, do deep breathing or some yoga. Afterwards take a decisions.