What to do when cryptos are down?

[bigcash2011]

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.

[Sirait]

^ 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.

[Cryptoz]

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.

[alltalk]

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!!

[Alter]

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.

[gunhell16]

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.

[Delgboke]

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.

[Astra]

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.

[zilzylian]

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

[H2O]

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.

[Andruha1993]

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.

[sidik7]

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 .

[masterrex]

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.   

[vitek146]

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.

[KryptoBull]

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.