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Poll

WHAT to DO when CRYPTOS are DOWN??

Hold your coins
Sell coins to avoid more lose
Buy more to prepare the future increase
Believe everything will be alright
Do nothing

Author Topic: What to do when cryptos are down?  (Read 3013 times)

Offline dragononcrypto

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Re: What to do when cryptos are down?
« Reply #30 on: December 17, 2020, 11:40:51 PM »
I think from this poll the answer is hodl your coins and buy more  :) At least that's what I'm doing on coins that are down, better to buy more now when prices are cheap that see them rise and not be invested. I also like to believe that everything will be alright for the coins that weren't the best picks  ;)

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Re: What to do when cryptos are down?
« Reply #30 on: December 17, 2020, 11:40:51 PM »

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Offline Emircan

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Re: What to do when cryptos are down?
« Reply #31 on: December 18, 2020, 01:37:47 PM »
We know the market is unstable so what must do when the market is down?

Example:
Btc $19,845 price 30 days ago. Now $17,996
Eth $635 price 30 days ago. Now $545
Xrp $0.76 price 30 days ago. Now $0.55
Link $16.25 price 30 days ago. Now $11.24

All cryptos are not exempted in volatile market. All are subject to change every now and then even stable coins drops a little.

Some are not ready for the day of down trend.
Some worried too much seems no hope to pump.
Some just in relax mode and doing what they think the best thing to do when the market dump.
Some are wondering what must do in times of dump.

This thread intentionally for those who are thinking what the others do in times like this when the market is down. Your vote and opinion can help others to encourage and give them strength.

Share your thoughts.
If the cryptocurrency falls in price then it is an opportunity for you to invest and wait for it to increase in the near future. If it is Bitcoin then it is 2 of course because it has filled many record breaks. and I believe it will break even more records in the next few days
Contact me if you need t.me/Emircande

Offline Emircan

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Re: What to do when cryptos are down?
« Reply #32 on: December 18, 2020, 02:01:57 PM »
I am taking all these dips and corrections as healthy and i assume market will build on this and next leg up will be bigger as the market regains momentum after this local accumulation phase.
If you are an investor I believe you will make up or down decisions if you are a new investor then now is the time to buy it and wait for it to sell it and increase income.
Contact me if you need t.me/Emircande

Offline lepbagong

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Re: What to do when cryptos are down?
« Reply #33 on: December 19, 2020, 02:55:57 AM »
I think from this poll the answer is hodl your coins and buy more  :) At least that's what I'm doing on coins that are down, better to buy more now when prices are cheap that see them rise and not be invested. I also like to believe that everything will be alright for the coins that weren't the best picks  ;)
hold, indeed that's what we really hope for because with the aim we can receive benefits from the difference that will occur in the future. so buying when the price drops is a must not to be missed and hold it for the time when we think it is worth selling.

but currently all coins are in a high enough position and we must be wise to see this fact to wait for the right moment when it is necessary to buy even though the price is high but we must believe that it will experience an increase again in the future.

the tug of war to do what happens with coins is something that we should continue to do so that what we are going to do is the best step. because developments are always changing rapidly and don't forget to continue to monitor these movements.
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Offline Gostudio

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Re: What to do when cryptos are down?
« Reply #34 on: December 19, 2020, 01:53:56 PM »
I already learned the lesson. I chose hodl and wait for the ATH. I am willing to wait.

Offline sidik7

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Re: What to do when cryptos are down?
« Reply #35 on: December 20, 2020, 05:28:03 PM »
I already learned the lesson. I chose hodl and wait for the ATH. I am willing to wait.
that is a good decision sir, but we also noticed the development of the crypto around the platform or the updated information on the crypto we hold, if there are not some updates about the crypto platform we have to consider the crypto we hold.

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Re: What to do when cryptos are down?
« Reply #36 on: December 21, 2020, 02:22:38 AM »
Lesson learned, history repeated itself.
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Re: What to do when cryptos are down?
« Reply #36 on: December 21, 2020, 02:22:38 AM »


Offline Malam90

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Re: What to do when cryptos are down?
« Reply #37 on: December 21, 2020, 06:55:34 AM »
In any bearish trend, if i have tokens purchased before at higher rate, i try to purchase more tokens/coins at cheaper rate which helps me to reduce my purchase average cost. I hold them until market/ my invested coin turns into bull run. But, i avoid more investment if the tokens are of shitty.

Offline lepbagong

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Re: What to do when cryptos are down?
« Reply #38 on: December 22, 2020, 01:51:39 PM »
In any bearish trend, if i have tokens purchased before at higher rate, i try to purchase more tokens/coins at cheaper rate which helps me to reduce my purchase average cost. I hold them until market/ my invested coin turns into bull run. But, i avoid more investment if the tokens are of shitty.

the possibility that my friend is doing is one alternative that is definitely very good, because it tries to avoid wrong actions with actions that can reduce these mistakes. but if you buy quite a lot of tokens even though at a cheap price, it certainly requires a lot of funds, will this also not be a problem anymore. not yet, if we buy some tokens the value is still bad, won't it still make a loss.

but if what you say avoids investing in bad tokens then finally what I said above has been answered by you. because that is the most sought after path and hopefully it can be an alternative example for other colleagues.
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