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Author Topic: Things To Do When The Market Is RED  (Read 4413 times)

Offline Dr.Bitcoin_Strange

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Re: Things To Do When The Market Is RED
« Reply #75 on: August 28, 2024, 11:55:36 AM »
A crypto investor must learn to be patient. There are many investors who cannot accept the red market. They panicked and quickly sold their holdings. But if an investor in crypto is patient he can definitely get his reward. In this case it is definitely safe to pick the top coins. Especially if you hold coins like Bitcoin and Ether there will definitely be opportunities to recover. And for those who are long-term holders, any market situation is not worrying. They are never affected by market red or green position.
First the investor should be aware of the potentials of the assets they're holding or investing in, perhaps this may help them know the best approach to use while investing, for example, those who are investing ìn Bitcoin (alone) should at all time acknowledge the fact that Bitcoin is a long-term investment and should at all time be considered for its long-term potentials of an investor is to reap the actual benefits of Bitcoin. People who choose to trade Bitcoin rather than HODL are in more danger of losses, because Bitcoin is a very volatile asset and can have several fluctuations and trends in the short-term,  and it's impossible to be able to accurately predict these movements, but due to how trusted Bitcoin is, we are certain of its long-term growth, even if the assurance isn't 100%, at least we can still confidently HODL on to Bitcoin knowing that regardless of the short-term fluctuations of the market, the asset has very high potentials for long-term growth.

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Re: Things To Do When The Market Is RED
« Reply #75 on: August 28, 2024, 11:55:36 AM »

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Offline Baofeng

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Re: Things To Do When The Market Is RED
« Reply #76 on: August 28, 2024, 01:01:57 PM »
A crypto investor must learn to be patient. There are many investors who cannot accept the red market. They panicked and quickly sold their holdings. But if an investor in crypto is patient he can definitely get his reward. In this case it is definitely safe to pick the top coins. Especially if you hold coins like Bitcoin and Ether there will definitely be opportunities to recover. And for those who are long-term holders, any market situation is not worrying. They are never affected by market red or green position.

Yes, patience is the key and if we are really here for the long term, we used be patience and we have to understand that the market is very volatile. And we have a saying that "not every day is Christmas", and so that is aptly applicable here in the market.

It's not that we will see the market going green, there were years, I say years, the the market will be red and this is what we call the bear market. So with that, we should  really learn to keep ourselves to stay calm but take advantage of the market when it is in red.

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Re: Things To Do When The Market Is RED
« Reply #76 on: August 28, 2024, 01:01:57 PM »

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Offline UNIVERSE

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Re: Things To Do When The Market Is RED
« Reply #77 on: August 29, 2024, 11:19:17 PM »
But, bro... we only know that the bearish season has arrived when we have seen it directly... even in the next 1 day there are still many possibilities for cryptocurrency prices, whether it will be bullish, whether it will be bearish, whether it will be sideways, or others.... moreover, a wrong bearish indication will actually make us regret it too...
We all know the cycle, it is always happening in the same way. Although the pattern may be not 100% the same, but it looks like to happen almost the same as in the previous cycle. But of course, there will be always a chance of any surprise. The price change of crypto coins can be very unpredictable.

I am also expecting to take profits after this cycle obviously i want to be making a huge lot of money but honestly with the money i have invested i am just not going to expect to make a fortune and instead take what i can as much as i can of course i am going to try and accumulate more as realistically as possible we still have moments where the market dips really low and we can buy more so i am taking advantage of those moments and hopefully i see some really great returns next year
Everyone wants to get a lot of money. It is normal, I can understand it. But it is better if you make a more realistic goal for taking profits. In the past, I also set a too high target, so I failed to take profits. I won't repeat this mistake, I have made a more realistic goal for selling my coins. For Bitcoin, I set a target to sell at $100k.


Offline Dr.Bitcoin_Strange

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Re: Things To Do When The Market Is RED
« Reply #78 on: August 30, 2024, 02:42:42 PM »

We all know the cycle, it is always happening in the same way. Although the pattern may be not 100% the same, but it looks like to happen almost the same as in the previous cycle. But of course, there will be always a chance of any surprise. The price change of crypto coins can be very unpredictable.
The market indeed is very unpredictable and it would be very dangerous to even attempt to predict it, especially in the short-term.  Its true that bitcoin's past performance may not always guarantee its future results, but just like you've rightly stated, Bitcoin has a pattern that it has maintained over the years and there's also a huge possibility of maintaining the same pattern in the long run, so these patterns may not actually be the same because there are lots of factors that influences the price movement of bitcoin and most of these factors are often based on real life events so these are not things that are easy for anyone to predict, for example there could be a bomb blast in the White House in Washington DC and such an event may have its impact on the crypto market depending on how the news influences the market or how investors react to such a news,these sort of things aren't what we can predict but when they happen, they may have a huge impact on bitcoin.

So these previous patterns is only there to give investors a clue of how to approach the market, and one of those patterns includes bitcoin's potential for long-term growth, this has always been how it is, and it has maintained this pattern till date.

Offline Rubel007

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Re: Things To Do When The Market Is RED
« Reply #79 on: August 30, 2024, 03:18:52 PM »
A crypto investor must learn to be patient. There are many investors who cannot accept the red market. They panicked and quickly sold their holdings. But if an investor in crypto is patient he can definitely get his reward. In this case it is definitely safe to pick the top coins. Especially if you hold coins like Bitcoin and Ether there will definitely be opportunities to recover. And for those who are long-term holders, any market situation is not worrying. They are never affected by market red or green position.
People who choose to trade Bitcoin rather than HODL are in more danger of losses, because Bitcoin is a very volatile asset and can have several fluctuations and trends in the short-term,  and it's impossible to be able to accurately predict these movements, but due to how trusted Bitcoin is, we are certain of its long-term growth, even if the assurance isn't 100%, at least we can still confidently HODL on to Bitcoin knowing that regardless of the short-term fluctuations of the market, the asset has very high potentials for long-term growth.
A big difference exists between holding and trading. If those who hold and do trade for a small profit then they may gain temporarily but they will lose in the future. The investor must decide what he wants to do before investing. Bitcoin is not a short-term investment platform. Those who invested in Bitcoin last few months are also losing. But I don't consider this small price drop as a loss because I have no loss until I sell the bitcoins. Bitcoin is the coin in crypto platform that won't hurt anyone in the long run. Those who held until last March after the arrival of Bitcoin have all benefited.

Offline Dr.Bitcoin_Strange

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Re: Things To Do When The Market Is RED
« Reply #80 on: August 30, 2024, 06:39:53 PM »
A big difference exists between holding and trading. If those who hold and do trade for a small profit then they may gain temporarily but they will lose in the future. The investor must decide what he wants to do before investing. Bitcoin is not a short-term investment platform. Those who invested in Bitcoin last few months are also losing. But I don't consider this small price drop as a loss because I have no loss until I sell the bitcoins. Bitcoin is the coin in crypto platform that won't hurt anyone in the long run. Those who held until last March after the arrival of Bitcoin have all benefited.
Most definitely.
There's no time that can't be considered a right time to buy, every moment in the market is a right time to buy, one can buy in the middle of a bull run or even at the end of a bullrun, one can buy in the middle of a bear market there's absolutely nothing wrong with it, like I said, there's never a bad time to buy, but there can be a bad time to sell. When an investor buys in at the end of a bull run, and then after buying, meets the end of the bull run, and out of panic, decides to sell for fear of losing all his asset to the red trend, then it's definitely a wrong time to sell because while the investor believes it's the best approach to cut one's losses, he forgets that if he had HODLed for much longer, he would've not only recovered his losses, but also made more profits. It's just a matter of perspective.

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Re: Things To Do When The Market Is RED
« Reply #81 on: August 30, 2024, 06:49:24 PM »
A crypto investor must learn to be patient. There are many investors who cannot accept the red market. They panicked and quickly sold their holdings. But if an investor in crypto is patient he can definitely get his reward. In this case it is definitely safe to pick the top coins. Especially if you hold coins like Bitcoin and Ether there will definitely be opportunities to recover. And for those who are long-term holders, any market situation is not worrying. They are never affected by market red or green position.
People who choose to trade Bitcoin rather than HODL are in more danger of losses, because Bitcoin is a very volatile asset and can have several fluctuations and trends in the short-term,  and it's impossible to be able to accurately predict these movements, but due to how trusted Bitcoin is, we are certain of its long-term growth, even if the assurance isn't 100%, at least we can still confidently HODL on to Bitcoin knowing that regardless of the short-term fluctuations of the market, the asset has very high potentials for long-term growth.
A big difference exists between holding and trading. If those who hold and do trade for a small profit then they may gain temporarily but they will lose in the future. The investor must decide what he wants to do before investing. Bitcoin is not a short-term investment platform. Those who invested in Bitcoin last few months are also losing. But I don't consider this small price drop as a loss because I have no loss until I sell the bitcoins. Bitcoin is the coin in crypto platform that won't hurt anyone in the long run. Those who held until last March after the arrival of Bitcoin have all benefited.
For one to benefit from bitcoin, you need to buy and hodli for a long term because of the market price fluctuation since no one can predict the next movement of bitcoin price. Long term hodli will reduce the risk of running at loss and this is why Bitcoin is more of an investment than trading. Is it not also a bad idea for you to use bitcoin as your saving in future so that inflation does not eat up the value of your money instead of keeping it in the bank.

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Re: Things To Do When The Market Is RED
« Reply #81 on: August 30, 2024, 06:49:24 PM »


Offline Dr.Bitcoin_Strange

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Re: Things To Do When The Market Is RED
« Reply #82 on: August 30, 2024, 07:35:19 PM »
For one to benefit from bitcoin, you need to buy and hodli for a long term because of the market price fluctuation since no one can predict the next movement of bitcoin price. Long term hodli will reduce the risk of running at loss and this is why Bitcoin is more of an investment than trading. Is it not also a bad idea for you to use bitcoin as your saving in future so that inflation does not eat up the value of your money instead of keeping it in the bank.
Most definitely,  the reason why so many investors lose money in Bitcoin investment is selling at the wrong time, and this often happens when an investor choose to look at the short-term benefits of Bitcoin, forgetting that Bitcoin is more of a long-term investment. But when an investor choose to consider the long-term projection of the bitcoin market, it doesn't only ride out the tension that grips investors in  the short-term market, which most likely compels them to making rational decisions about selling. It also gives the investor the clarity to visualize how exactly the crypto market is all about, because that's the only time you'll be able to understand what people really meant when they're always emphasising on the fact that Bitcoin is a long-term investment and should only be considered for its long-term potentials.

Offline Sim_card

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Re: Things To Do When The Market Is RED
« Reply #83 on: September 03, 2024, 05:50:04 PM »
For one to benefit from bitcoin, you need to buy and hodli for a long term because of the market price fluctuation since no one can predict the next movement of bitcoin price. Long term hodli will reduce the risk of running at loss and this is why Bitcoin is more of an investment than trading. Is it not also a bad idea for you to use bitcoin as your saving in future so that inflation does not eat up the value of your money instead of keeping it in the bank.
Most definitely,  the reason why so many investors lose money in Bitcoin investment is selling at the wrong time, and this often happens when an investor choose to look at the short-term benefits of Bitcoin, forgetting that Bitcoin is more of a long-term investment. But when an investor choose to consider the long-term projection of the bitcoin market, it doesn't only ride out the tension that grips investors in  the short-term market, which most likely compels them to making rational decisions about selling. It also gives the investor the clarity to visualize how exactly the crypto market is all about, because that's the only time you'll be able to understand what people really meant when they're always emphasising on the fact that Bitcoin is a long-term investment and should only be considered for its long-term potentials.
I agree with you, those investors who are in the rush of selling are short sighted and fail to understand how bitcoin investment works and invest in that way, so that they will not run at loss, but they prefer to chase after little profit which the possibility of running at loss will be higher than making those small profits. This is because they will invest blindly hoping to make quick profit but when there is a dip, they panick and sell of thinkingthe price will continue to dip.

Offline Dr.Bitcoin_Strange

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Re: Things To Do When The Market Is RED
« Reply #84 on: September 03, 2024, 09:33:21 PM »
I agree with you, those investors who are in the rush of selling are short sighted and fail to understand how bitcoin investment works and invest in that way, so that they will not run at loss, but they prefer to chase after little profit which the possibility of running at loss will be higher than making those small profits. This is because they will invest blindly hoping to make quick profit but when there is a dip, they panick and sell of thinkingthe price will continue to dip.

Yea, that is what lack of proper knowledge about something will always cause. There are some people that will go to the extent of selling their entire property or use all their business capital to invest into Bitcoin for the sake of making a quick profit when the market is pumping but they get disappointed during dip price.

Offline Cantsay

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Re: Things To Do When The Market Is RED
« Reply #85 on: September 03, 2024, 10:46:44 PM »
I agree with you, those investors who are in the rush of selling are short sighted and fail to understand how bitcoin investment works and invest in that way, so that they will not run at loss, but they prefer to chase after little profit which the possibility of running at loss will be higher than making those small profits. This is because they will invest blindly hoping to make quick profit but when there is a dip, they panick and sell of thinkingthe price will continue to dip.

Just as the Op stated - a lot of these investors you see selling when the price is not favorable usually do so because they failed to follow the most basic rule of any investment which is for them to invest what they can afford to lose or invest money that they won’t be needing anytime soon.

Take for example, someone that invested some money that they won’t need in the next 10-20 years, even if the price of bitcoin crashes they won’t be bothered because they don’t need the money that period but stir those that went ahead and used money allocated for something else to invest in bitcoins because they thought they’d be able to get something off of it tend to sell as soon as the price drops for the fear of them losing everything.
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Offline bayu7adi

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Re: Things To Do When The Market Is RED
« Reply #86 on: September 04, 2024, 09:43:29 AM »
Just as the Op stated - a lot of these investors you see selling when the price is not favorable usually do so because they failed to follow the most basic rule of any investment which is for them to invest what they can afford to lose or invest money that they won’t be needing anytime soon.
The amount that can be afforded to lose is sometimes very difficult to just get rid of... because there must be hope to win the investment too... even though everyone always wants their expectations to be low, I'm sure in their hearts they still expect profit... the proof is when the price moves more expensive, those who hold the related coins feel happy,,, that means hope is still there and are not ready to lose or suffer losses....

Everyone's emotions are different, in the forum someone can say that he only invests with money that he can afford to lose... whereas when the price falls, the person actually feels sad and very lost. I think this is human nature that is still normal, not something that is considered stupid.

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Re: Things To Do When The Market Is RED
« Reply #87 on: September 04, 2024, 02:39:22 PM »
Just as the Op stated - a lot of these investors you see selling when the price is not favorable usually do so because they failed to follow the most basic rule of any investment which is for them to invest what they can afford to lose or invest money that they won’t be needing anytime soon.
The amount that can be afforded to lose is sometimes very difficult to just get rid of... because there must be hope to win the investment too... even though everyone always wants their expectations to be low, I'm sure in their hearts they still expect profit... the proof is when the price moves more expensive, those who hold the related coins feel happy,,, that means hope is still there and are not ready to lose or suffer losses....


It’s true that they’ll feel some kind of sadness when they take a look at their portfolio and see that they’re making losses instead of profits -  but still, making use of money you can afford to lose will make it easier for them to ignore the portfolio/ just leave the portfolio for a longer time for the price to start regaining value again.

If someone goes into an investment with money that they would be needing in the nearest future, there’s a probability of them selling even when the price is extremely low due to the fact that they don’t have an alternative money to use for their daily lives but in the case of them using what they won’t be needing they’ll have something to use without tampering with their investment/portfolio. That was what I was referring to.
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Offline jeraldskie11

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Re: Things To Do When The Market Is RED
« Reply #88 on: September 04, 2024, 05:53:40 PM »
I agree with you, those investors who are in the rush of selling are short sighted and fail to understand how bitcoin investment works and invest in that way, so that they will not run at loss, but they prefer to chase after little profit which the possibility of running at loss will be higher than making those small profits. This is because they will invest blindly hoping to make quick profit but when there is a dip, they panick and sell of thinkingthe price will continue to dip.

Yea, that is what lack of proper knowledge about something will always cause. There are some people that will go to the extent of selling their entire property or use all their business capital to invest into Bitcoin for the sake of making a quick profit when the market is pumping but they get disappointed during dip price.
Usually this happens to a beginner, because they really don't know how to handle the situation they are experiencing when this happen. If you are already a profitable, and already encounter the same price action for sure you will know how to act in this kind of market movement. However, there are ways to avoid this situation, be guided by the profitable ones and be humble. Back test their advices to gain confidence.

Offline Hatchy

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Re: Things To Do When The Market Is RED
« Reply #89 on: September 04, 2024, 06:33:38 PM »
It’s true that they’ll feel some kind of sadness when they take a look at their portfolio and see that they’re making losses instead of profits -  but still, making use of money you can afford to lose will make it easier for them to ignore the portfolio/ just leave the portfolio for a longer time for the price to start regaining value again.

If someone goes into an investment with money that they would be needing in the nearest future, there’s a probability of them selling even when the price is extremely low due to the fact that they don’t have an alternative money to use for their daily lives but in the case of them using what they won’t be needing they’ll have something to use without tampering with their investment/portfolio. That was what I was referring to.

That definitely correct and even more reasons why i don't take a look at the market all the time. You can make some decisions that are actually uncalled for at time like this. When the market is in a downtrend, what is expected of you is to avoid monitoring. And again only invest with money that you might not be needing in the next couple of years. It shouldn't always be the money your can afford to loss but money you know very well that you might not be needing. The market is volatile and will always create both the uptrend and download for it to complete a wave. So being patient is the best way to ride along with the wave.

 

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