Is crypto in danger should I sell at loss or will it recover?

[Noverteno]

The crypto market is extremely volatile, if you are in heavy losses it may be best to wait for it to recover. Although that may take a few months (or not, you never know ).

In fact, we do not incur any losses in a falling market unless we start selling at these low prices. Therefore, you just do not need to panic and wait until the market recovers and continues to rise in price. There are no objective reasons for the current fall, which means that soon there will definitely be a next wave of growth. True, in view of the fact that the Christmas and New Year holidays will begin soon, the current price stagnation may drag on for several months.

[collinsjie]

Hi guys,

I bought crypto before the huge price drop happening. I have about £2k invested in crypto (Solana, Cardano and Shiba)  and about £4k invested in stocks.

Currently, my total crypto is showing at about £600 loss so the value is £1400 at the moment and I invested £2,000.

So my question is do you think 2022 will be a better year for crypto or do you think prices will continue to keep dropping. Do I sell at a loss now or will things pick up in 2022 and I will make over the £2,000 invested or will the price do you think to continue to plummet?

What would you do?

Just to clarify that I am willing to hold crypto for up to 5 years if there is a chance that my initial investment will double at least?

Consider the investment as a long term investment. Don't sell now the crypto market will bounce back very soon. In crypto investment, patient is the key to winning. You will laugh very soon if you can hold the assets.

[Manna]

They show, that quite often all the alts recover their prices in time, and show some gains. Only SHIB is looking confusing, as it is a meme token, and their price depends a lot from the mood of its community.

[xeroz]

Don't panic and be rash in making decisions when the market is down, keep thinking positively, hold your emotions, and check market conditions as often as possible. Instead of selling coins at cheap prices, this is a fatal mistake that you will later regret. You will only get a loss from this and the efforts that have been put in so far have been in vain. It is better to hold on and hold the coin for a while until the market conditions stabilize and recover.

[Astra]

Participants of this market, who have been working with cryptocurrency for a long time, have not asked this question for a long time. A periodic fall in prices in this market has long been regarded as a common occurrence, which cyclically alternates with a rise in prices. Therefore, the current state of the cryptocurrency market with its 10 percent drop does not cause any concern. Moreover, you should not now sell cryptocurrency at a loss. If prices have dropped, this is the best time to buy, not sell, cryptocurrency.

[shadowdio]

Holding for 5 years of course your investment will be double or maybe in multiple times just sell your coins when the market will bullish. You should be not worry this situation of the market because you are willing to hold for long time.. Maybe you should buy more if the market will go bearish season..

[Hisbullah]

Hi guys,

I bought crypto before the huge price drop happening. I have about £2k invested in crypto (Solana, Cardano and Shiba)  and about £4k invested in stocks.

Currently my total crypto is showing at about £600 loss so value is £1400 at the moment and I invested £2,000.

So my question is do you think 2022 will be a better year or crypto or do you think prices will continue to keep dropping. Do I sell at a loss now or will thinks pick up in 2022 and I will make over the £2,000 invested or will prices do you think continue to plummet?

What would you do?

Just to clarify that I am willing to hold crypto for up to 5 years if there is a chance that my initial investment will double at least?

It depends on coin did you choose for investment.
I think Solana, Cardano and Shiba are very potential coin.
Those will recover again mate, So you should hold those

[masterrex]

Hi guys,

I bought crypto before the huge price drop happening. I have about £2k invested in crypto (Solana, Cardano and Shiba)  and about £4k invested in stocks.

Currently my total crypto is showing at about £600 loss so value is £1400 at the moment and I invested £2,000.

So my question is do you think 2022 will be a better year or crypto or do you think prices will continue to keep dropping. Do I sell at a loss now or will thinks pick up in 2022 and I will make over the £2,000 invested or will prices do you think continue to plummet?

What would you do?

Just to clarify that I am willing to hold crypto for up to 5 years if there is a chance that my initial investment will double at least?

I guess you are just confused regarding how the cryptocurrency market behaves recently? But I believe also that before you enter into the crypto market you already know the risk associated with it. just notice this, if your crypto holdings price and value has declined it doesn't mean that you already losing it because as long as you hold it and it was intact you have still a big chance to recover those lose in value. so just hold.

[MUGNIA]

if you believe you will recover why do you have to sell at a loss, I personally prefer to wait until it recovers, with a note that the coins that I have do have a good reputation value, if the hype coins are minus 10% all I will sell it doesn't hurt to be 0 assets that I have on that coin

[hobo66]

If the price goes down then in this case do not act quickly as you know that emotions as well as decision made in hasten can increases the percentage of your loss. So think in calmness and do what is good for you and in which case you can make money. Actually holding of coin is thought to be superior in contrast with selling at low price and loss money.

[gurunanakji777]

You have to be patient now. You have two gem coins in your portfolio one is Solana and the other is Cardano and both coin has huge potential to rise in the future. Don't think to sell in the loss. If you can hold it for 5 years that would be an amazing strategy and will prove to be a good profit-making. I have huge expectations from the year 2022 and I would suggest you just hold tight because here who make money who has the patience and that is the golden rule of the crypto market.

[BrainMan]

Dealing in crypto isn't just about following trends, it is imperative to know there's usually ups and down and the market swings like a pendulum. Learning is more effective especially when things tends to go into the wrong way. I have been in this position for a long time too. Always thinking of selling at lost and walking away until I started using Bitay. You might be making good decision or not. But whatever the case may be. You need to learn more. This opportunity is being presented by Bitay exchange to over 700k KYC users on its platform with the Bitay academy breeding veteran traders in the crypto space. Bitay has NFT, game and Bitay visa card coming up. Bitay coin is launching soon. I rather not say much than keep your eyes on it early enough.

[Fivestar4everMVP]

Just to clarify that I am willing to hold crypto for up to 5 years if there is a chance that my initial investment will double at least?

If you already have plans to hold for as long as five years, then I personally don't think you should be bothered about the current state of your investment, it is already a sure thing that you must have doubled your investment in 5 years to come or even less, it would have been a problem if you invested for the short term, but since you are ready to hold for as long as 5 years, you totally have nothing to be bothered about.

What I advice you do is find somewhere safe and store your wallet keys seedphrase, delete the wallet holding your current investment and open a fresh wallet, consider the £2000 lost, go back to that wallet and check after 3 years or 5 years as you've already scheduled, trust me, you won't be disappointed at what you will see.

[kulkhan]

No i don’t think now crypto currency in danger. Up and down is natural and normal matter for cryptocurrency market. So i think within short time or some days market will back and your loss will recover. So you Don't sell your token for loss. Now holiis better. So you hold it for some days. After some days your all loss will recover and you will be profited from here there has no doubt. So be patient. And wait some days for profit.

[Vx1]

If you are willing to hold your Crypto coin within 5 years (Like your clarification), Then you better hold it.  I'm sure in that time your losses will be doubled. Cryptocurrencies are indeed very volatile, but these cryptocurrencies have great potential. Trust me the price will definitely go up!