A crash is also a chance to change allocations of your coins

Vaskiy

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Quote from: Eddyc on April 18, 2022, 05:18:54 PM

How long will it be necessary to mention that the market depends on Bitcoin? Sometimes I wonder what would happen if Bitcoin broke the support line and went back to $500 what would happen to the market. Obviously this is not possible but we cannot rule out the possibility. Regarding the topic if Bitcoin valued at $100K or more, this discussion would be pointless. Unfortunately other projects depend on your movement.

Bitcoin is always going to be the secret.

Yes, almost every altcoins were tied with bitcoin. So, depending on the market movements of bitcoin will be the rest of the altcoins. It was during the ICO hype we experienced such a massive bullish trend among the altcoins as a result of the growth with bitcoin. By the time the market is not that mature as now. Things have changed a lot and nowadays only the potential one will progress whereas the rest will just stay as a coin on coinmarketcap.

Eddyc

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How long will it be necessary to mention that the market depends on Bitcoin? Sometimes I wonder what would happen if Bitcoin broke the support line and went back to $500 what would happen to the market. Obviously this is not possible but we cannot rule out the possibility. Regarding the topic if Bitcoin valued at $100K or more, this discussion would be pointless. Unfortunately other projects depend on your movement.

Bitcoin is always going to be the secret.

Master of Shitcoins

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Quote from: eaLiTy on February 05, 2022, 06:59:34 PM

Quote from: Marykeller on February 05, 2022, 06:46:15 PM

Have you forgotten that is not always rosy in crypto? A crash in price will always occur to shake off weak hands.
Are we to change allocation on losing our profits or to gain profits of our investments? You know, it's better to be "making profits".
That's why is necessary to diversify your crypto investment to potential coins.

It is really good to hear that the market crash always happens to shake off weak hands Cheesy

. When you are investing in altcoins then you should be really careful because if you are not following the project you never know that the project owners will be shaking their holdings as well. In the past one year, i have seen many new projects in the space and i have seen the team selling off their coins which is a shady behavior in itself and as an investor if you are not careful you never know what happens in the future.

If you are talking about the top coins in the market then there is a safety net but that cannot be said about all the projects.

You are very right!
Small cap projects are a very big risk because of many unknown factors:
- Is it a really good technology?
- Is it an experienced team?
- Will people still have incentives to buy it later?
- Is it a scarce asset?
- Is it a fair allocation to community, airdrops and ofcourse, not too much coins for developers, team and advisors.

eaLiTy

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Quote from: Marykeller on February 05, 2022, 06:46:15 PM

Have you forgotten that is not always rosy in crypto? A crash in price will always occur to shake off weak hands.
Are we to change allocation on losing our profits or to gain profits of our investments? You know, it's better to be "making profits".
That's why is necessary to diversify your crypto investment to potential coins.

It is really good to hear that the market crash always happens to shake off weak hands Cheesy

. When you are investing in altcoins then you should be really careful because if you are not following the project you never know that the project owners will be shaking their holdings as well. In the past one year, i have seen many new projects in the space and i have seen the team selling off their coins which is a shady behavior in itself and as an investor if you are not careful you never know what happens in the future.

If you are talking about the top coins in the market then there is a safety net but that cannot be said about all the projects.

Marykeller

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Have you forgotten that is not always rosy in crypto? A crash in price will always occur to shake off weak hands.
Are we to change allocation on losing our profits or to gain profits of our investments? You know, it's better to be "making profits".
That's why is necessary to diversify your crypto investment to potential coins.

Master of Shitcoins

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Quote from: coin-investor on January 28, 2022, 12:58:48 AM

Quote from: Master of Shitcoins on January 23, 2022, 03:47:47 PM

Which coins are you considering to buy more from after such a crash to prepare for a bull market?

If you're holding coins/tokens that have proven their worth in the market, your portfolio is still good, but if you have experimental coin or coins/tokens coming from those trending you should get an update if these are still the kind of tokens or coins that will have value when another bull run comes, the market is very dynamic and there's always a change of trend from time to time, these meme coins days are numbered

Yes, I agree to you.
We always need to reconsider if a coin is a good coin and review new coins.
When we have found a new coin, we should review which coin of our portfolio should be changed to it.

Especially I agree to you for a recommendation to avoid Meme coin.

poodle63

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its indeed right that a crash could be a great opportunity of making change in our investment portfolio.

regardless if we are in bearish market, almost all of the altcoins are having decrease in their price, if you want to move your current investment into something different
it’s basically the same thing like even before bearish market because both of the altcoins that you are trying to invest to could be also having a huge downfall.
basically, all these crash, only beneficial for the one that holds altcoins like BUSD, USDT, and DAI.You must remember that the bounty can also happen anytime and this is why reserved fund totally needed as a preparation to face the dump.

kojektea

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From what you mentioned, if for long-term investment "Uniswap" is very good, because it has high quality as the first DeFi emblem on the ethereum network of course will not be easy to go bankrupt. In addition, the high gas of ethereum makes Uniswap look classy. There is no need to buy erc20 tokens on uniswap, only need to buy uniswap in binance then store until altcoin season arrives.

Yaunfitda

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Quote from: Mauser on January 28, 2022, 07:04:53 AM

Interesting idea, I haven't really thought of that yet. Changing our portfolio positions can help to be in a better shape for the next rally. Most of my money is in BTC and ETH, I am not going to sell these. But shifting around alt coins is a good idea. Some of us might be scared to sell coins at a loss, but it also has advantages. Holding a coin until it turns green again is an option, just not the best option. Switching into more profitable projects means we are going to make higher return in the next rally. Another advantage of selling a coin at a loss is that we get a tax right off for future gains, the money we lost on one trade we can get back from saving taxes on our next trade. Changing allocations into stronger crypto coins is a good recommendation.

I think this is what the more experienced traders or investors are doing shifting and moving their funds to a more secure or at least coins that will give them money even in a bear market.

The only thing right now is that it is hard to identify which one we shift though, because we all know how volatile the market is. So it will really take a lot of practice and maybe some money lost along the way. But it is a valuable lessons and it will harden you up specially in a situation we are in right now, a bear market.

Mauser

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Interesting idea, I haven't really thought of that yet. Changing our portfolio positions can help to be in a better shape for the next rally. Most of my money is in BTC and ETH, I am not going to sell these. But shifting around alt coins is a good idea. Some of us might be scared to sell coins at a loss, but it also has advantages. Holding a coin until it turns green again is an option, just not the best option. Switching into more profitable projects means we are going to make higher return in the next rally. Another advantage of selling a coin at a loss is that we get a tax right off for future gains, the money we lost on one trade we can get back from saving taxes on our next trade. Changing allocations into stronger crypto coins is a good recommendation.

Ten98

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Quote from: letyouearn on January 27, 2022, 07:25:54 PM

I would suggest to add Phantom here - quite a promising project as for me. And also I would add Polygon here - pure gem in my opinion. Near is also a very interesting project with great backers.

Does that mean you prefer the three coins at this time to reap the benefits in the future?
In general, all three are very good, but if I were asked to choose one of the three coins, I would choose Matic for now.

el kaka22

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Finding the good coins during the bottom is the hardest thing ever. For example, when things are going up, I try to keep every small thing at 5% max, that way I do not leverage myself too highly and do not end up with a problem.

However, when all of them are down, things could still go higher than 5% of my portfolio by itself, how? Others drop even further and faster, which causes the one at above 5% to be able to drop but not too much. In that situation, I really do not know what to do, I just end up buying more of other things but can't really change it too much or find enough money sometimes, so it is definitely a different and weird situation for me.

Coin_trader

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Replying to main OP, You can use ATR(Average True Range) indicator to determine what the most profitable token that you can buy using there average price range on a specific time frame. This is what I'm using to determine a perfect coin during dump then I will just follow up a fundamental analysis to determine whether the past price growth is organic or just a hype. A solid project usually break the ATH on the next cycle bull run so if you choose a coin with a high ATR, You can gain more profit once it reach ATH again compared to other coin that has low ATR.

ethereumhunter

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When the crash comes and if you have good coins, you do not have to sell your coin but you can buy more because that will be the best time to accumulate so your coin amounts can increase while you will have a chance to sell at the next high price. If you sell your coin, you will miss the opportunity to sell it back when the price increase and if you decide to buy the other coins, that coin will not always give you profit as you need to research more to find the possibility to profit.

jaberwock

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Quote from: Reid on January 28, 2022, 01:57:20 AM

This is the scary part when a crash happens, the deciding point. Will you sell a part of portfolio in exchange for another coin which you think has more future or will just sit it out and let the market decide? Those kind of question will linger in your mind while the bear stays.
I am thinking about with more usage and a high chance to increase in value. BNB. With Ethereum postponing the ETH 2.0 it might take longer for BSC to reign the altcoin industry with so much users buying it for a lot of purposes like NFT's.

No, it is not scary at all for the person that is ready and have planned it early before the crash happens. planning early is important so that no pressure and panic feels that will occur and those two is the number one cause of bad decision making.

It can lead you to sell coins which have a better future and replaced them with coins who's hype is only for temporary but is it true that eth will once again postpone the implementation of eth 2.0 ? damn how many times they do that. People that have waited for this are now disappointed and they might be switching now on other coins which developments are surely going to be done just like binance bnb/bsc.

Jackl87

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Quote from: Master of Shitcoins on January 23, 2022, 03:47:47 PM

We have a very big crash right now and all our coins are at a loss.

While it is very sad to have losses, a crash is also a good opportunity to sell old coins and increase / add new coins. Prices will go up again at some point and for many coins it will result in a big price increase again. Even shortly after a crash, altcoins are likely to get more profits.

It is true, that a bear market grants you the opportunity to make big profits. Now is an opportunity to bring new FIAT, if you have free FIAT available, that you can afford to lose of course, into the market because now is the chance to get big and already established tokens for a pretty nice discount. I still would not buy into ETH or Bitcoin though because they are still very expansive, but other projects might already be tempting. If you are a Fan of a project but did not invest so far because early investors already made a x100 or more with it then a bear market might be a chance to get a good entry point.

Reid

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This is the scary part when a crash happens, the deciding point. Will you sell a part of portfolio in exchange for another coin which you think has more future or will just sit it out and let the market decide? Those kind of question will linger in your mind while the bear stays.
I am thinking about with more usage and a high chance to increase in value. BNB. With Ethereum postponing the ETH 2.0 it might take longer for BSC to reign the altcoin industry with so much users buying it for a lot of purposes like NFT's.

QueenVera

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Quote from: Gorosden on January 24, 2022, 03:10:50 AM

Relax people this market is going way down so secure some USDT and wait for those yummy dips bear market is what many don't want to believe yet it's going to happen, many sell off will surely happen just be prepared to grab your own copies.

The market is looking very tempting to enter our existed position. I thought we should be below $30,000 by now but that is taking forever to happen. I know immediately we go below $30,000 then altcoins will start dipping further down. Now the stability of Bitcoin is giving altcoins some momentum to increase and making it tempting to re-enter the market.

Crash should not be a chance to change your coins unless you were wise to take profit when the bull was incharge because when a crash happens your coins are usually stuck in the market. So instead of changing, why not use the opportunity to buy more coins and increase your allocation knowing fully well when the bulls return you will profit.

coin-investor

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Quote from: Master of Shitcoins on January 23, 2022, 03:47:47 PM

Which coins are you considering to buy more from after such a crash to prepare for a bull market?

If you're holding coins/tokens that have proven their worth in the market, your portfolio is still good, but if you have experimental coin or coins/tokens coming from those trending you should get an update if these are still the kind of tokens or coins that will have value when another bull run comes, the market is very dynamic and there's always a change of trend from time to time, these meme coins days are numbered

worle1bm

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Most of the altcoins can't survive these types of crash and those were able to cash out before it or convert to some others coins were lucky because now the hype for most of meme coins would be over and funds will be lost if you still hold them.From the coins you have mentioned in think Avalanche will be giving out some returns in next bull run but not sure and you should always have your own opinion and decision.But alts are very risky so be careful with them.

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