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

[therozaq]

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?

why you must sell at lost.
Many people predict crypto will have brighter future than now.
I also believe crypto currency will be the future currency, crypto will be payment method and more be popular than now.
I will always invest in crypto and hold when dump.
Let's see , It's bearish season, But I believe crypto will have bullish at this year.

[Freemind]

Now only a very scared newbie with no crypto experience would sell. From my point of view now is the time to buy. What is the use of selling now at a loss? It seems crazy to me and lack of planning on the part of investors. The cycles keep changing as always, and without patience we will never win, we will always end up losing. Before planning which project to invest in, you have to be patient or we could end up bankrupt.

[dekafee79]

Now only a very scared newbie with no crypto experience would sell. From my point of view now is the time to buy. What is the use of selling now at a loss? It seems crazy to me and lack of planning on the part of investors. The cycles keep changing as always, and without patience we will never win, we will always end up losing. Before planning which project to invest in, you have to be patient or we could end up bankrupt.

I get the point, I think at bearish season we should buy and collect coins, not for sell our coins..Because we all know the crypto price is struggling now.
I personally doing research several  new coins to add my coins collection.
Prepare to see the bullish season at 2023.
Yeah, you're right new bike will panic and sell their coins now.

[legend45]

New bie will always panic when see the market dumps.
I agree with this.
They sell at lost, but It's just at the beginning, time will tell.
When they have experience and knowledge to manage emotions they will keep calm when dump.
Maybe will buy more and collect other coins.
That's just the process, They will be professional investors

[Jamal Aezaz]

Don't  sell panic . BTC value may reach 150k, the only problem it faces is the energy demand that give him a bad reputation and may lead to an alt in it's growing. If you can't sustain the grid, we will loose adoption.
Add some gaming projext also. NFT withe gaming industry will have a huge impact in the future. Not the common JPEG, but the digital utility assets.
Metavwrse is next trend. metaverse is the future of gaming, media and even education so I would say 1 trillion is just the beginning

[trauchot]

So far, it is clear that the major players do not want the cryptocurrency market to fall further down, so for now it is difficult to say what can be expected from the cryptocurrency market in the near future, but it is better to prepare for the worst, as we are in a bearish trend and therefore most likely that the cryptocurrency market will fall again in the near future.

[DAMKAR]

So far, it is clear that the major players do not want the cryptocurrency market to fall further down, so for now it is difficult to say what can be expected from the cryptocurrency market in the near future, but it is better to prepare for the worst, as we are in a bearish trend and therefore most likely that the cryptocurrency market will fall again in the near future.

At bearish season we should buy and hold , don't panic selling.
Yeah I agree with you about the major players do not want the cryptocurrency market to fall further down.
I see there many big player still hold their bitcoin and I think bitcoin will never go down until zero, as several haters said.
Bitcoin and altcoin will recover again.