Topic: Almost every Altcoin down : Here is what you should be doing! (Read 481 times)

Great piece of insight, people get too winded up about the short term volatility. This year is tough on us but in the end it's just a normal bear market as you wrote, and it is less severe than 2014. I also refurbished my portfolio, there is not a single project without a product anymore, these get slammed during a bear market. And I shifted a lot from low caps to high caps.

This is simply too soon, altcoins are going to recover but it is not going to happen at the end of this year, people need to stop thinking this way, what are you going to do when this does not happen? Are you going to sell your coins or are you going to keep holding? Because if your prediction fails then it will be more likely that you sell your coins and selling at a bad price is the worst thing you can do.

The best thing to do is when all of your coins are down is to keep on buying and remain optimistic. But if you can't really take it, just simply leave your portfolio for a day or two and don't look at it.
That font color though. 

One of the ways being mentioned is to re-enter on a lower price so that you would able to get closer into your older entry point which is good but make sure you had bought on the most possible bottom price because if not then you would just end up on adding your losses instead on aiming to make break even.
We do see crashes but we cant assure if the history would repeat itself therefore we should not rely into those boost of emotions and thinkings.
I rather rely on my own analysis than on others, its not bad to have some preferences but always accompany it with your own research before engaging.

Most of altcoin is going down and usually i am cloaing all matketcap ticker. I invest my money which i can afford to loose. So i am not thinking for short term. I know this time will comes when anything on crypto is going down harder i am investing for 2021 and for my daughter. Dont panic...crypto time will come, this year or three years from now.

Absolutely, I also think that now all crypto currency traders and investors need to relax a little and wait for the next active growth phase. Now everything is very tense.

The swing continues and will continue for a long time. Holding altcoins you are always in a high risk area, as the fluctuations of altcoins are many times more bitcoin. If bitcoin falls or grows by 5% then altcoins grow or fall by 10-15%.
So if you already went down holding altcoins you always have 2 options: 1). This is to sell altcoins and fix a loss. 2) it is to sit until the last and wait for the prices to rise again to the level of your purchase, but you may have to wait a very long time.

  Trading and Hodling is an extremely risky method of investing. Without a certain experience, you are waiting for disagreement. At the moment, the effective method of investing is ICO! You should search for a good interesting project that is trustworthy enough to return your money and simultaneously have an interesting concept. In the result, you will earn money and, moreover, support the implementation of a good idea. As I can consider myself as an expert in ICOs field and investment, so I can give you some advice. You need to choose it really careful and study all about ICO project which you want to invest in. For example, an experience of a team, a value of the project, uniqueness and then read some comments about it. If you need my recommendation, Kelvin Blockchain. Kelvin Blockchain project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start. This project does not rely on any particular signature algorithm and due to the multi-client use - on some single consensus. In case of any problems, it is possible to quickly locate the threat and prevent it’s distribution throughout the system. Moreover, all the blockchains will be processed in one wallet so that the client could have fast transactions, secure investments and cheap smart contracts as well as a lot of other services at his hand.

As the supply in the market is larger than its demand price of coins goes down. Making the market struggles because of the less demand of coins. The low price of almost every altcoins brings panic to some of the investors causing them to sell their coins. But better cbe patient and staying positive in midst of challenges the market is facing right now can help you gain in the future. Holding coins is the best thing to do. I believe the market will recover sooner or later this year. Let's continue to support crypto for a better future.

Thanks for the tips bro    that is what i am doing right now.. even thou the market is in loss. i'm still buying the dip and wait until it rise again and multiply my investment. Better is to have patience and it will calm your mind and think what is the best next strategy.

Very good suggestion and I also believe that it is better to hold or even buy more valuable coin now that the market is low and you can sell at a higher price when the market recover and the price of coin begins to grow higher than they are presently.

The market is currently experiencing price down and almost all of the altcoins were affected but by this situation we better not lose hope. Instead, we better hold on until the end. As what I have observed the market is trying to surpassed this challenge it is facing right now. We must trust the market and continue to support it.

I think it is your mistake because everyone have decide our own so you only carefully choose the good coin but you made mistake in crypto investment you will be responsible for that. So before to invest one or two times analyse in future growth and if you choose a good altcoins you will  never sell in any situation.

I hold but some coins will obviously die if I sell them now I would make good decision because before they die there should be bull run for them.

The entire market is being cleaned up and corrected right now, no one knows the bottom and there are no bullish signs.
Here's how to really make money, all though the longer it goes on the harder it gets:

1. Wait for BTC to tank, find a good altcoin in the top 150 with enough volume, volume will depend on how much you're trading but 1 BTC I would go for coins with volume over 50 BTC
2. With said alt, wait for the purchase wall to turn green after a good period of red, look at the chart and if you've had a 10%+ crash with BTC dropping it's probably a decent option, check the RSI and if it's over 60 the dip could be bigger than 10%, if it's low your options are safer for less dip.
3. If BTC goes stable and the buys start coming back, buy in.
4. Allow the coin to increase 10% then sell.
5. If you get your 10% quick enough, find another coin which has recovered slower from the dip, lets say the dip took 15% and it's recovered 3% in the time you made your 10% then buy in, sell at 5% gains on this one.

Keep on doing this and you'll make 15% a week, I've made over 30% a week in a few cases doing this, sounds simple and it is, in a month you can be up over 50%, who's been making over 50% a month holding in this market? I'm not seeing it

Will get unhappy responses from this but if you're holding during a bear market you are not doing yourself any favours, swing traders do great in these markets, wait for bull signs before going back to a hold state and if BTC starts to dip get out.

Aim of the game is increased BTC value, when I say 10% dip I'm talking sat value not $$$ value.

if the market is down then we can expect the market to recover if we are having solid coins with good developments then we can wait patiently for price come back or else buy the dips will be good step

And don't forget one thing during dip: buy more. During dip it is one thing you have to do - just buy without thinking. Once btc begins to go up, all you have to worry - how high you gonna wait.

In my opinion, the best thing to do for the situation like this is that buy and grab while coin in lower price. Then if the market would be in the good state then you have the chances to have more profit. Just be patience on the volatility of the market.

Actually this year the market of crypto currency is showing the declining trend in the prices of the almost all of the coins. So investors are in worry what to do. I recommend investing in the crypto currency as well as in the bitcoin because the price is low and there is a probability to increase in price at the end of the year.

When crypto market fall, there are so many complains but I can't see anything when it rise back. LOL. How long this dump will last? How low BTC/ETH/blah blah blah can be? So many threads created dy by day in downward trend )). I think these guys should learn the way to keep calm and try to be able to control their hand to stop creating threads like that. LOL