Almost every Altcoin down : Here is what you should be doing! - page 2.

blacktux88

member

Activity: 308

Merit: 10

i hope to see altcoins back on top , later this year...
hope btc and eth will take them with them to moon , maybe december or nov would be a ice time

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Quote from: trecore4 on June 29, 2018, 07:33:30 AM

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that. Cheesy

Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum. Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone. Tongue

Tiger750

newbie

Activity: 36

Merit: 0

I enjoyed this advice, great help to newer members

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

This is what im doing incase i do lose up or do have negative floating due to bad entry of the price then the market declines. Purchasing or buying tokens on lower levels will definitely narrow the negative you commit.
Having this kind of method will not ensure you anytime and you would have need titanium balls to do such thing because handling the stress factor wont really be that easy.

Panic? Its inevitable where when you do see decline in price its normal for a human being to have such reactions.

tycsols

member

Activity: 812

Merit: 10

BountyMarketCap

You are right in your post people who would have purchased more cheap coins after your post are already seeing some profit and to be honest bulls seem to be coming back now, bollinger bands are also recommending next upward wave, im talking about btc at the moment, if you see daily and weekly charts they are also showing some green trend now and i hope this trend will continue to dominate the market for coming weeks.

Queencrypto2018

newbie

Activity: 36

Merit: 0

keep on buying during the dips and if brave enough trade on it to increase bag

Treasurer

full member

Activity: 462

Merit: 104

It's silly to panic in the market, which is known from the very beginning that nothing is known. When we enter this market, we all understand that we can make a profit, or we cann't get it, or not get as much as others. Therefore, it remains to observe, take risks, gain experience.

winterland

full member

Activity: 434

Merit: 100

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that. Cheesy

Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum. Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone. Tongue

This is completely correct, people panic too easily I know that we experimented a crash but the great fortunes are made after a crash like this, this is why when you see traders in wall street they are very happy when they see a crash since people will begin to sell their good stocks and they can get them at a discount and this is happening in the market of cryptocurrencies as well.

Caesar-Giulius

sr. member

Activity: 728

Merit: 250

Buy, sell and store real cryptocurrencies

I agreed with OP. At this market situation, it is the best time buy the coins you always wanted at a low price. There won’t be such chances after market recover.

fulmetal08larz

full member

Activity: 476

Merit: 124

This current market situation is an opportunity to be back to the future. With all the hype gone, and the weak hands shredded, cash is king during this event. If you have funds, buy and accumulate those you cannot afford previously, almost all of the good coins in the market have more than 50% discount.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

Now is time of your lifetime to buy. Not now now but now like in next half year maybe even more. It dont matter if Bitcoin is $6000 or $8000 or $4000. No one will care at what price they bought once it will be $100000. When you talk about portfolio I dont have any ideas. There will be coins that will never recover as they were in 2014 and as they were in dot com bubble crash. Good coins like Bitcoins and Monero will recover and hop in new cycle.

Raist

full member

Activity: 490

Merit: 102

At the same time WCCF Tech publishes an article about new Polaris graphic card by AMD. Analytic prognoses included into this article propose 20% decrease of graphic cards price until winter this year. So, panic or not, but those guys has already incorporated decrease of mining profitability.

leoliln45

newbie

Activity: 238

Merit: 0

This was a very informative post. This post will help many to stop panicking and to be patient to hold coins. Thanks a lot for posting this.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

Quote from: Red-Apple on July 02, 2018, 05:20:29 AM

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

and hope that when the market will see green spikes like 50%++

this here is the heart of the problem. you and most everyone else keep saying "the market" as if all the 2000 altcoins are the same thing moving together! of course we have majority of them getting dumped when the dumping time comes but that is "majority" not all.

instead of fooling yourself with things like "portfolio" and miss the huge profit that is out there, you have to start looking at where the rest of the money is going.
for example those that are making a living from trading aren't just going to sit around and die of starvation because "the market" is dumping! no they are elsewhere making a lot of profit while the newbies bag hold the altcoins that are dumping and calling it "portfolio" Cheesy

Well, in a way they kind of are.. Every one of those 2,000 coins you mentioned is based around 1 central coin. That's why when you see the Bitcoin price go down, you usually see all of the other coins go down. That is money moving out of the "market". There is also this thing called a "Market cap" that is the sum of all of the money in the market. So yea, it really is all just one big market.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

and hope that when the market will see green spikes like 50%++

this here is the heart of the problem. you and most everyone else keep saying "the market" as if all the 2000 altcoins are the same thing moving together! of course we have majority of them getting dumped when the dumping time comes but that is "majority" not all.

instead of fooling yourself with things like "portfolio" and miss the huge profit that is out there, you have to start looking at where the rest of the money is going.
for example those that are making a living from trading aren't just going to sit around and die of starvation because "the market" is dumping! no they are elsewhere making a lot of profit while the newbies bag hold the altcoins that are dumping and calling it "portfolio" Cheesy

glowing10

full member

Activity: 812

Merit: 142

Quote from: Vit83 on July 02, 2018, 03:53:58 AM

Don't read news every 5 minutes) Don't check charts every minute) I'm doing this and this is very sad)

People who are long term investors do not even care if it falls in between as they know btc is volatile and it will fall 10 times and when it rises it goes the far too quickly and you make money in the bull market easily. If you are a day trader you may have to look at the market continuously in order to trade it.

a31078

full member

Activity: 340

Merit: 100

I agree with you suggestions and this is the best step to take to avoid a big loss. If you have spare cash that you want to invest in crypto, this is the best time for you to buy those desired coin and hold them for as long as you make reasonable profit because the current situation of market is temporary and the price of coin will rise higher than it is now when the market recover, just relax and hold your coin patiently.

okala

full member

Activity: 980

Merit: 114

The wise investors do invest into an assets when the price is down like now and they do sell them when the price is high like December last year. So what we should be doing now is investing rather than sell.

Vit83

full member

Activity: 644

Merit: 100

Don't read news every 5 minutes) Don't check charts every minute) I'm doing this and this is very sad)

yanixbtc

newbie

Activity: 154

Merit: 0

Quote from: Jobbernowl on July 01, 2018, 01:50:16 PM

Very positive and encouraging thoughts.
In fact, now many watch the World Cup, many went on vacation to the sea.
You really need to just relax from this market. A lot of positive news and no growth, no movement. It is very strange. I have no plans for ICОs & trading this month.

The best thing to do now with the crypto prices going down is to buy different altcoins and hold for a long term basis. Since the market is down let us take advantage with it to earn a bigger profit in the future. Many are in doubt now and are selling their coins in a very low value. That is when the investors will take advantage because the weak hands stop holding and start selling.

jeronimosuykens

member

Activity: 350

Merit: 10

Quote from: morozo on July 01, 2018, 02:00:58 PM

Quote from: trecore4 on June 29, 2018, 07:33:30 AM

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that. Cheesy

Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum. Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone. Tongue

Very refreshing perspective, if you look in the very long term we are still in an uptrend but of course the last half year has taken it‘s toll on people and more and more start to resignate, but if you look at the potential of this then you have to realize it‘s only a question of time

Although the cryptocurrency market is showing signs of recovery, in the long run, the downward trend is not over so investors should have clear investment plans so that they are not passive in bad situations. However, I still hope that during the end of 2018 the crypto market will explode and create new milestones.

Topic: Almost every Altcoin down : Here is what you should be doing! - page 2. (Read 481 times)