Altcoins Talks - Cryptocurrency Forum
Earning => Awards, Contests & Voting => Voting => Topic started by: Master107 on December 11, 2020, 07:04:20 PM
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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.
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I can see this down trend continue until after Christmas, and if you have not getting into any tokens you want you should be ready to buy now because the stimulus package is still coming but not the huge amount people expect then but this is going to give the year a head start. If you have made money, take profit to leave another day.
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If your portfolio contains such top cryptocurrencies like bitcoin, ethereum, binance coin or other top cryptocurrencies, then you can either re-invest in the same top cryptocurrencies or just wait till that moment when these top cryptocurrencies will start to grow again, because top cryptocurrencies are constantly either growing in price or fall in price, but about new altcoins, everything is already complicated here, because most new altcoins die after some time and therefore it is better to try not to invest in new altcoins, thats why I more invest in top cryptocurrencies than in new alctoins.
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To accept the changes, the position of the cryptocurrency market is going down a bit. What are the types of prices that have started to fall. The prices of cryptocurrencies are not going very well. Many are frustrated that most cryptocurrencies are so cheap. But I believe prices could rise early next year.
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Accepted your opinions but some of you guys did not vote.
I hope all will vote to see the result now and tomorrows.
Thank you! ;D
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Accepted your opinions but some of you guys did not vote.
I hope all will vote to see the result now and tomorrows.
Thank you! ;D
I don't think it is right to sell any coins right now. I think investors should hold on. I have always benefited a lot by investing. But now the market situation is getting worse. At the moment I am damaged. But I never prioritize frustration. I plan to hold on to the long term by overcoming fear.
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I hope I sold my crypto assets in early 2018 when the market showed signs of going down. But in the end I didn't do anything and missed out on my chance to own about $75K. That is one of the pity!
However, that is how we feel when looking back, but now I still have confidence in the crypto market will soon recover and achieve new ATHs. So I decided to hold all my coins/tokens :)
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Just like the pool, there are lots of options, there are lots of things to do when the market begin to dump, I personally like to hold if the market in general is dumping, but if a particular coin or token I hold is dumping, I try to find out why, if the dump is caused by a negative news about the project, like team disappeared or made a bad decision I dump my coins or token too to cut my lose
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Prices have dropped a bit. But there is no reason to be disappointed. We have to be patient. I think it's better to hold on without selling any coins now. But why more is better. At the moment the price of different coins is much lower. So I think now is the right time to invest more.
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It is not easy for me to assess the current market situation. Perhaps we are now on the verge of a general decline, and some are already starting to panic a little about this. Maybe this is what big players are waiting for in order to provoke small players to start selling their assets. And this will be followed by another round of coin growth to a new level. Nobody will say what will happen next. Or maybe we will fly down, and many will regret that they have not entered fiat now. Here it is the eternal Russian question - What to do?
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When the market cap like 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 .so the wise idea will to buy coins or hold coins until pump up price . When cryptocurrency market cap will normal .the market is in green then sell and income a perfect profit .
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Nice poll 8) When my coins are down I aways hold. I learnt a long time ago not to sell at a loss, even a satoshi loss. Depending on the coin and how much I believe in it, I either buy more to lower my average price or simply wait patiently for prices to increase again. Btfd.
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I would suggest to hold on right now. Because now the price of every coin in the market has started to decrease. At the end of the year the price of any coin starts to fall. So I think the price is lower now. So should always buy. More should be hold this time.
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The value of most coins or tokens in the market has started to decline. But those who are good investors are never disappointed. Although most coins are currently in bad shape, they will be good in the future. So everyone should be patient, hold more Jesus coins. But if you can afford it, you should buy some more bitcoins.
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I don't think the current market situation is too bad. I think it is at a normal level. However, investors may suffer some losses. I think that's normal. Because such prices will fluctuate in the market. But we have to be patient, we have to stay with the Harkipta currency market.
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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.
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^ of course the best thing we should do is buy more when the market is correcting. If you buy when the price is high then don't sell, you will only lose if you sell your coin assets.
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I prefer to hold my crypto coins/tokens. I never try to sell immediately because of panic, which leads to big losses. Let's wait till the next big move up again. If we still have funds, we are also good to consider buying some great coins during the drop. But make sure that the market will grow up in the near future before buying.
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I think "do nothing" and "hold our coins" have the same meaning, mate. It means we don't sell our coins and try to keep them on wallets for the next bullish day. Actually, I do this way, I keep my coins on the wallets as long as they are top coins. We don't worry that someday will be bullish again. Moreover, in 2021, people believe to have Bullrun, it is the biggest increase in crypto prices. We need to wait for the day with a patient. Keep struggle, mate! Be brave!!
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I am holding my crypto assets while buying some top altcoins if the market is in the correction. It is a great time to add more crypto assets once most of the crypto prices are dropping much. But you are better to buy top coins and forget to buy new altcoins because the top ones are safer.
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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.
Even the trend is down in the market that's normal, it's not a new thing to me. And you can do whatever you want it to do so.
If you are a good trader you can still apply day trade or hold something like that, very simple isn't it that right?
These two are common they did when there is a downtrend happening.
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I think what I should be doing when the cryptocurrency is down is to buy more coins for the future purpose although sometimes am tempted to sell off my token as of this year when I see the crypto market falling some of my coins lossing value what was going on my mind is if I had known when the price up I would have sell it instead but I have to take courage and let it be for now.
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Now the situation on the cryptocurrency market is different from those that were earlier when the market fell. The prices in general are not so bad as to panic. Apparently, they went down because people during the coronavirus pandemic suffered heavy material losses and need money. Therefore, the current sale of cryptocurrency is a necessary measure. In general, there are still expectations of growth in the cryptocurrency market due to the many positive trends that have emerged this year. Now it is worth keeping your coins and tokens, they will still grow in value.
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As we have seen at the end of the year the decline in prices will always occur, if we buy when the price drops that seems like a good idea, but whether the price of Bitcoin and other altcoins will fall again, this situation is somewhat complicated because there is still plenty of time to see the bullrun coming in. early 2021. holding a coin does take a little patience, but finding the right time to sell requires precise calculations
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When the market is down I sell all my cryptocurrencies as much as I can. When I see the market is completely down, I convert my bitcoin and etherium to stable coins.
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I think now there will be no sharp drop. Therefore, do not worry, you need to wait for the bulls to come, so just watch the market and wait.
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when the crypto position is down maybe we must learning to practice patience and also learn in undersirable conditions , maybe be able to do watching movie or rekreation with familly . so we enjoy it and patience .
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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.
It depends on what cryptocurrencies that you hold, But in terms of Bitcoin, will it has huge liquidity and community as well thats why it has bigger chances to back the price level when you first bought/acquired it so if you have no plan to sell it at a loss you have still the chance to get a break-even. But in the case of other Altcoins base on my experiences, it's very hard for them to return at that previous price level only Bitcoin has the capacity to achieve it.
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When the crypt falls, you have several options, the first is to buy more promising cryptocurrency and make money on it when it shows growth, or sell what you keep in order not to lose even more than until now, so the choice is up to you, your capabilities and goals, to understand how you can benefit from this.
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Down-trend is a good opportunity to buy some coins & tokens that I love. ADA & ETH, especially TOMO, will be my picks.
Maybe it's time for me to use my reserve USDT :)
Hope everything will be stable and the up-trend will come in Q1 2021.
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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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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
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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.
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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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I already learned the lesson. I chose hodl and wait for the ATH. I am willing to wait.
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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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Lesson learned, history repeated itself.
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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.
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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.