Alts are Bleeding What To Do? - page 17.

bitkanu

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Quote from: traderethereum on March 02, 2018, 01:46:22 AM

and if the altcoin bleeding again, I think we have two option to save our money which is we can cutloss which is not good for our money or we can still hold the coin until the price is back to increase again. it is your choice and I hope you calculate how much your lost before you decide to cut loss the coin you have. always think before selling even if you are going to cut loss and don't panic if the price is down too far. but I suggest to you to still hold the coin.

Every I read someone saying cutloss, well, it remembers me of wise word, when you sell that means you lose, that's what people often said here regarding trading or bagholding in cryptocurrencies but guess that it's not really true as a whole
If alts bleeding there's two obvious option which is bag holding or cutloss, and whether you know it or not, by doing cutloss you also making the dump to the altcoins even deeper.

Alf Brur

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What To Do?
The best way is to buy Alts on the low point and take part in ICOs.
For example this one - Velix.ID project. It is the system that creates a universal, clear, transparent, decentralized and cost-effective ecosystem for identity verification. No doubt Velix.ID will take its place and price of the tokens will grow. Try to buy until 05 March 2018. The growth will come.
https://bitcointalksearch.org/topic/annico-velixid-a-global-platform-for-frictionless-identity-verification-2721724

traderethereum

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and if the altcoin bleeding again, I think we have two option to save our money which is we can cutloss which is not good for our money or we can still hold the coin until the price is back to increase again. it is your choice and I hope you calculate how much your lost before you decide to cut loss the coin you have. always think before selling even if you are going to cut loss and don't panic if the price is down too far. but I suggest to you to still hold the coin.

ramgonzales

jr. member

Activity: 162

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Let's just take advantage of this days, BUY when the market is Red I am sure it will go up pretty soon. So better make sure we buy our coins now so we can see some profits in the coming weeks.

Vik_the_Carpentner

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Quote from: antosionta on February 21, 2018, 10:10:58 AM

It is simple, when the market in the red, just wait it until green a while,
and buy it, that is the dips. and crypto will be increase much more from that time.

What a weird useless advice you just gave. Have you ever tried to trade? Or u guess the advice "buy when red, sell when green" is a respectable?

West0813

full member

Activity: 504

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When altcoins are bleeding. Always composed yourself and don't panic. Because if you panic you will lose big. Have faith because the market will grow again just wait.

Gunpaycity

member

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some coins have a long-term investment value so I think there is still hope that bloody coins will now get better some time ahead

antosionta

newbie

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It is simple, when the market in the red, just wait it until green a while,
and buy it, that is the dips. and crypto will be increase much more from that time.

SergiOLa

member

Activity: 126

Merit: 11

If alts are Bleeding all you need to do is to hold it and not to sell it because we know that it can get high when the time comes and as long as your investment is in you there is no such way to sell it because no matter what happen just hold your alts and be more responsible for it and the best way to do is the alts are Bleeding is to buy more alts and stock or until it rise because it is good for you.

BitcoinExpart

sr. member

Activity: 476

Merit: 250

I personally would not panic and hodl anyways. In volatile markets it will follow this trend. Of course, buy more. Here, only you do just close computer and walk away for a few months. Unless you really really need the money do not sell at a loss.

coingrow

full member

Activity: 364

Merit: 102

Alts are so damn cheap right now. The best thing to do would be buy as many of them as much you can. Too bad I do not have any spare bitcoins or I would be going all into alts right now.

macoinz

newbie

Activity: 111

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Just don't panic sell and hold... If you know what you do you can get profit from dips. And ofc it's always the best time to buy.

sultanali

newbie

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Altcoins are volatile in nature like all other cryptocurrencies so there is not a reason to worried about depreciation in value of the altcoins in the short term since it is mass psychology not the actual value of the coin being reflected. Keep your investment as it is unless the altcoin has altered its technology or primary purpose.

happyme1818

sr. member

Activity: 568

Merit: 254

Altcoin bleeding is just temporary. As long as you hold an altcoin that has a solid project, there is nothing to worry. This is part of the game we play every year. In the end you will always be a winner if you know how and when to hold. Diversification is also a good strategy.

The Young Turk

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If you take the best position, you can avoid this period with minimal damage. Remember that you will not lose your money unless you sell your coins.

Zanuar003

newbie

Activity: 112

Merit: 0

Quote from: KellyCoin on January 14, 2018, 07:31:08 AM

Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.

hodl is the way I think is good, while waiting for the market to improve. still thinking positiv to the market will make you calm in making decisions.

MrJake

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Quote from: KellyCoin on January 14, 2018, 07:31:08 AM

Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.

This is a good opportunity to actually buy a coin. Well most of the stable coins lost around 5-7% of their prices the only coins that i saw that lost 14-28% were Bitcoin Gold, ICON, NANO, and Populous. Since these coin's prices were down, you could go and do a researh which of these will probably gain the highest may it be for short term or long term.

Bit Tuka

newbie

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Just use the low value of the altcoins in the market to buy more as reds are just normal in the market.

xxdrkangelxx

newbie

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Vampires are happy seeing the crypto market status.

KellyCoin

member

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The Senate hearing in the US looks to have given a nice boost or at least stabilized the market a bit. We now have to watch the news of other countries to see if their tone regarding cryptocurrencies will be more positive going forward. It it does we should see things continue in the right direction.

Topic: Alts are Bleeding What To Do? - page 17. (Read 4286 times)