Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: shainasaz on September 10, 2018, 07:57:39 AM
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoins keeps going down? Please can anyone reach me on this.
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoins keeps going down? Please can anyone reach me on this.
If you are afraid of trading crypto at the bear market, you can sell it. If you believe in the future of your altcoin then you can make it as your long-term investment. increases and decreases in normal things occur every year.
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No one can accurately predict the future trend of any coin. Probably we can say with some level of experience but it doesn't guarantee that it will certainly follow in that order. Currently, the while market seems to be bleeding and I don't think it is ready at the moment to reverse the trend.
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Now is the time to buy stable coins and buy bitcoin on drawdowns.Buy altcoins do not see the point, as they are subject to the General trend of the market.
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Panic makes people go like crazy to sell their currency and that is what makes the price drop down even more . I think it's better to hold now till the recovery of the market
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For us, you don't need to panic to see the condition of unstable market prices, because you also still have many better opportunities, you can buy bitcoin now, because the price is still low.
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoins keeps going down? Please can anyone reach me on this.
Of course, I think panic sell will affect to the price of bitcoin, The price will go down.
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First think about if the coins you're holding is good and worth to hold, If yes then just hold it and if you think not then it's up to you. You can also sell it now if you think that the price will keep decreasing and buy back on dipped again of course the price must be lower than where you sell it :) Good luck buddy ;)
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It's simple, bro, buy when prices go down and sell again when prices rise. but remember the price of bitcoin is fluctuating so it will never be predicted that it will rise dramatically. wait for the right time and conducive, don't be in a hurry
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I think now is not the right time to sell coins that we have, and instead we should buy more and hold them until prices rise again.
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I am sure the coins that you hold must be valuable coins and you have seen their potential.
So why do you have to sell when the market price drops? if seen, the market price fell because BTC dropped and almost all the coins also experienced it.
if you look at this situation, it means that there is a possibility that the market will rise again, sometime, but just wait, it will happen again.
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The hungerness to earn huge profit is dangerous but it is more dangerous not doing anything specially if FOMO attacks the person. This strategy is wrong it must be in balance approach in order to have much better result from being patient and wise.
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Nobody knows what's happening in the near future with Altcoin. Maybe it will rise again or maybe go down more sharply. All can happen. But pray that all altcoins will soon get a good price again.