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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 3048 times)

Offline Master107

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What to do when cryptos are down?
« on: December 11, 2020, 07:04:20 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.
« Last Edit: December 11, 2020, 07:10:43 PM by Master107 »

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What to do when cryptos are down?
« on: December 11, 2020, 07:04:20 PM »

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Offline disconnectme

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Re: What to do when cryptos are down?
« Reply #1 on: December 11, 2020, 07:16:19 PM »
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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Offline trauchot

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Re: What to do when cryptos are down?
« Reply #2 on: December 11, 2020, 07:18:58 PM »
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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Offline Paglamon

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Re: What to do when cryptos are down?
« Reply #3 on: December 11, 2020, 07:20:32 PM »
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.

Offline Master107

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Re: What to do when cryptos are down?
« Reply #4 on: December 11, 2020, 07:26:44 PM »
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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Re: What to do when cryptos are down?
« Reply #5 on: December 11, 2020, 07:30:31 PM »
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.

Offline MrSpasybo

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Re: What to do when cryptos are down?
« Reply #6 on: December 11, 2020, 07:34:07 PM »
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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Re: What to do when cryptos are down?
« Reply #6 on: December 11, 2020, 07:34:07 PM »


Offline Fivestar4everMVP

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Re: What to do when cryptos are down?
« Reply #7 on: December 11, 2020, 08:16:32 PM »
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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Offline Riya143

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Re: What to do when cryptos are down?
« Reply #8 on: December 11, 2020, 08:25:20 PM »
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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Offline Galley

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Re: What to do when cryptos are down?
« Reply #9 on: December 11, 2020, 08:35:06 PM »
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?

Offline Rubel007

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Re: What to do when cryptos are down?
« Reply #10 on: December 11, 2020, 08:35:34 PM »
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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Re: What to do when cryptos are down?
« Reply #11 on: December 11, 2020, 09:00:39 PM »
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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Re: What to do when cryptos are down?
« Reply #12 on: December 11, 2020, 09:21:35 PM »
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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Re: What to do when cryptos are down?
« Reply #13 on: December 11, 2020, 10:00:19 PM »
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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Re: What to do when cryptos are down?
« Reply #14 on: December 11, 2020, 10:09:46 PM »
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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