Things To Do When The Market Is RED

[MrSpasybo]

If a newbie were to ask me that question, I would say that, ideally, you should buy more if you still have money to invest. If that's not an option during market dumps, then disable your trading apps in your mobile and go on with your day as usual. Just to be clear, I'm only saying because I'm assuming that BTC will reach new ATH by the end of the year or early 2025.

This is probably only true during a bullrun, meaning the market is only temporarily RED during a period of re-accumulation, and investors should boldly buy tokens at low prices to profit when the market recovers and continues to grow. If buying actions are carried out hastily during a bearsleep, for example in 2022, investors will face heavy losses and a very long waiting time to break even and profit.

Timing is really important to generate profits and peace of mind for investors. Returning to the recent price drop, I think this is a good opportunity for investors to continue buying many ALTS at low prices, even lower than the 2022 bottom on many ALTS price charts.

[taufik123]

If a newbie were to ask me that question, I would say that, ideally, you should buy more if you still have money to invest. If that's not an option during market dumps, then disable your trading apps in your mobile and go on with your day as usual. Just to be clear, I'm only saying because I'm assuming that BTC will reach new ATH by the end of the year or early 2025.

Hopefully, because the new ATH is always awaited by everyone and the $100k ATH is my main target and maybe more.
When prices are not good and continue to fall, I still have a little money reserve to start buying at low prices.

It is very satisfying to be able to buy at a cheaper price and then hold it for a long period of time or sell when the ATH target is reached.

If it goes according to your prediction when the beginning of 2025 ATH occurs, it will be a pretty good year and then Altseason will also arrive.

[Crypto Library]

Hopefully, because the new ATH is always awaited by everyone and the $100k ATH is my main target and maybe more.
When prices are not good and continue to fall, I still have a little money reserve to start buying at low prices.

It is very satisfying to be able to buy at a cheaper price and then hold it for a long period of time or sell when the ATH target is reached.

If it goes according to your prediction when the beginning of 2025 ATH occurs, it will be a pretty good year and then Altseason will also arrive.

I have also did the same thing but I missed the last dip because of the limitation of money. Previously I have done a good amount on around 57k I wan't expected that bitcoin will down to under 50k at least before the the bull season but it happens.
Actually we all wanted to hold accumulated bitcoin for long-term but we forget that we also have to accumulated fund targeting the dip or bear season. Like those peoples who are wise they already accumulated their stable fund for the next bear season.

[sampoerna]

Actually we all wanted to hold accumulated bitcoin for long-term but we forget that we also have to accumulated fund targeting the dip or bear season. Like those peoples who are wise they already accumulated their stable fund for the next bear season.

Everyone has their own strategy for investing in cryptocurrency, especially in Bitcoin. There are some of them who only focus on long-term holding, accumulating the amount of Bitcoin and saving it for a certain price target. And this makes sense, this will be very suitable for those who have a fairly high nominal and don't want to bother to pay too much attention to market conditions.

On the other hand, there are also those who do it with the DCA system, with a short-term system by utilizing buy the dip and sell for higher prices in the short term, and others. This will also affect some of the possibilities and tactics used.

At least, we understand very well if we expect profit from whatever strategy we expect. So when the market conditions dip, what we have to do is to stay calm not panic and continue what is in accordance with our strategy.

[SOKO-DEKE]

As far as we know, what we invested in is volatile. We can't expect it to move in only one direction; the coin market price will surely go up and down. If the market happens to be red at that particular time, know that it will not continue in that direction forever. The market will surely change direction and corrected and start moving up, so it's better not to panic and end up selling your coins.trying that Someone may even end up selling their coins at a loss. Instead of thinking of selling, it would be better to see it as a great opportunity to buy More. However, one thing to keep in mind is to know the type of coins you are holding. If it's not Bitcoin or some reputable altcoin, not all coins are worth holding for the long term.

[Ricardo11]

Fluctuations in value are the nature of Bitcoin. Bitcoin has been this way since the beginning. Every time it dumped it, it recovered. And no matter how many times it dumps in the future, it will continue to recover, and will definitely cross 120K. So don't panic. Keep holding bitcoins, and see every dip as another opportunity to buy.

[taufik123]

I have also did the same thing but I missed the last dip because of the limitation of money. Previously I have done a good amount on around 57k I wan't expected that bitcoin will down to under 50k at least before the the bull season but it happens.
Actually we all wanted to hold accumulated bitcoin for long-term but we forget that we also have to accumulated fund targeting the dip or bear season. Like those peoples who are wise they already accumulated their stable fund for the next bear season.

When you've done your last dip, now you just have to wait and don't get too affected by any more drops or some FUD that appears, staying focused on the main objective which is a new or maybe higher ATH.

But if you have a reserve of money still collected, you can buy or be prepared when a deeper drop occurs, it will give you more coins.

[Crypto Library]

When you've done your last dip, now you just have to wait and don't get too affected by any more drops or some FUD that appears, staying focused on the main objective which is a new or maybe higher ATH.

But if you have a reserve of money still collected, you can buy or be prepared when a deeper drop occurs, it will give you more coins.

Actually, the experiences of mine in the cryptocurrency market it's seems when I make an big trade the market goes to down and when I didn't took the trade market price goes ups. LOL..
Anyway, I have a long-term investor I have already on going DCA strategy for bitcoin I continuously adapt 10$ of bitcoin in every week . Even then I took have chances when bitcoin price goes for DIP. Again I am going to prepare with my assets for the next DIP before the bull run.

[vegasus]

When you've done your last dip, now you just have to wait and don't get too affected by any more drops or some FUD that appears, staying focused on the main objective which is a new or maybe higher ATH.

But if you have a reserve of money still collected, you can buy or be prepared when a deeper drop occurs, it will give you more coins.

Yes, this is the most basic thing to do when the market is getting dip. Just don't panic because of the FUD and the dip situation.

Indeed, having a lot of money when the market dips is something that is very desirable, because at that time we have the opportunity to buy more coins at a fairly low rate. Then hold them again.

But what can we do, often when the market is getting dip, in fact we don't have any more cash reserves, so in the end we just keep quiet, don't panic seeing our portfolio go down.

[bayu7adi]

3. Just sleep and take some time off...eventually things will go green and it is beyond our power to control the market...only whales can do that and we are just small fishes in the big ocean.

A very fun option , love it  ... this is the best way for me to kill my emotions rather than being affected by FOMO... I usually stay away from cryptocurrency information for a few days and make sure the price bounce in the next few days is a fun moment for me... sleeping and doing other activities such as gardening or making documentary videos or our hobbies can be the best solution to take a break from the cryptocurrency world....

[LogitechMouse]

Fluctuations in value are the nature of Bitcoin. Bitcoin has been this way since the beginning. Every time it dumped it, it recovered. And no matter how many times it dumps in the future, it will continue to recover, and will definitely cross 120K. So don't panic. Keep holding bitcoins, and see every dip as another opportunity to buy.

It's not only Bitcoin but all cryptocurrency in general (excluding stablecoins of course). They have a nature where they're very volatile therefore, it adds to the risk for the investor as t hey might lose their money in just a short amount of time if they entered at a wrong time, or if they made a wrong decision by selling it at a loss.

Nevertheless, if you're into cryptocurrency for a long time, you will know that markets do plummet, but after that, it will recover as well. Will Bitcoin cross $120,000? It might be, but it will take a long time. It's also one of my selling targets so... I believe that it will happen. As for panicking, there might be some instances where panic selling is good to prevent further losses, but most of the time, it leads to you losing too much of your money.

[taufik123]

-snip-
But what can we do, often when the market is getting dip, in fact we don't have any more cash reserves, so in the end we just keep quiet, don't panic seeing our portfolio go down.

Panic will only have a bad effect, try to make a cut loss and it is not recommended, unless you hope that the decline will go deeper.

A position like this will indeed make the mental really tested whether you want to break or not.
I've been in this situation a lot, so there's no choice I take except just stay.

Yesterday I tried to hold USDT until the more terrible bearish actually happened and it worked, even though there was a decline that wasn't so far away, but I was still lucky enough.

[Jating]

3. Just sleep and take some time off...eventually things will go green and it is beyond our power to control the market...only whales can do that and we are just small fishes in the big ocean.

A very fun option , love it  ... this is the best way for me to kill my emotions rather than being affected by FOMO... I usually stay away from cryptocurrency information for a few days and make sure the price bounce in the next few days is a fun moment for me... sleeping and doing other activities such as gardening or making documentary videos or our hobbies can be the best solution to take a break from the cryptocurrency world....

Why not? just keep ourselves busy, but for me even if I know that we are in the dip, I still continue to check the price and just hope for the best outcome. Maybe in the next 24 hours, the price will settle down and bounce back. But the main thing for us is that we are not really affected emotionally and mentally, and just remain in focus that we are going to continue to run and invest in the dip. And I want to face it head on and see what is the reason for the dip. At least as the saying goes, face your fear. And if we were able to overcome that, then no matter how big the correction is, you will not be affected by it anymore.

[Sim_card]

Fluctuations in value are the nature of Bitcoin. Bitcoin has been this way since the beginning. Every time it dumped it, it recovered. And no matter how many times it dumps in the future, it will continue to recover, and will definitely cross 120K. So don't panic. Keep holding bitcoins, and see every dip as another opportunity to buy.

Bitcoin price dips is for it to be able to pump higher than the initial price that it was before the dip. I see the dip as a blessing in disguise because it gives room for investors to increase their bitcoin just like what I am doing now. I was not able to buy more Bitcoin but my regular weekly DCA is ongoing. Don't panic but hodli with strong hands.

[bayu7adi]

Fluctuations in value are the nature of Bitcoin. Bitcoin has been this way since the beginning. Every time it dumped it, it recovered. And no matter how many times it dumps in the future, it will continue to recover, and will definitely cross 120K. So don't panic. Keep holding bitcoins, and see every dip as another opportunity to buy.

After the Bitcoin market bled a few weeks ago, dropping below $50k, I'm sure there are people who are pessimistic about that condition... yes because there will be two possibilities that are difficult to predict, namely dropping lower, or there will be a bounce after touching the dip... The safe thing when the market is red is to hold longer, and wait for recovery... if someone has more assets, make a buyback when the price is really said to be very cheap....

Since the halving, the price of Bitcoin has dropped below $58k twice and the recovery took about 2 weeks to 1 month. There are still many people who will not let Bitcoin drop any lower, but on the other hand, breaking through the $71k level and above is very difficult... therefore, when the market is red, I prefer to wait (as a long-term holder), because I don't need cash immediately at that time.

if $120k still seems possible to you, let's look at early 2025, the peak should be there.