Alts are Bleeding What To Do? - page 19.

Jedzkie050617

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Activity: 476

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Quote from: Kolokoy on January 14, 2018, 09:09:37 AM

Quote from: fabuloveu on January 14, 2018, 09:03:58 AM

It is always normal. Correction is a normal to alt. HODL key and buy more at dip.

Indeed, it's normal because all coins do like Bitcoin and Ethereum and there should be always a correction everyone the price surges high.
Hold your coins as long you can and time will come when they're pumping then you can do whatever you want, either hold more or dump.

You're absolutely right, this kind of situation was already been happen way back a year ago. During the first quarter if 2017, most altcoins was so dump as well as the value of bitcoin. I would say we don't need to panic but to wait and trust the bitcoin that it will be back to it's stabilized value as time goes by. In some point I don't know when but if want to hold just hold it to have a good profit in the future.

gomei

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Actually, most of alts are falling because of the ETH is falling, I think you can sell them and get more ETH if you can, I think ETH is much more stable than other altcoins.

traderethereum

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I guess now we can have a good opportunity for the altcoin because it seems many altcoins trying to reach a new price at many exchanges. I see on poloniex, bittrex, there is a good movement from the altcoin and I hope that it will stay like that and make the new high price for every altcoin. but it will go down if there is a rally from bitcoin so before it happens, I expect that altcoin will have a little party for a while.

KellyCoin

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Man it's been a tough month in and Feb started even worse. But today we are finally seeing some upword movement. Lets hope that the bad news is behind us and we can see some stable upword trends starting.

Kamelia

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Did not last year also cryptocurrency experienced an incident similar to the current. I strongly agree with you, that we must maintain our emotions and strengthen our consistency. So the good thing to do is stay consistent with what we start, if you are not consistent then the disappointment will make you depressed. Many examples have proven to be failing/disappointed when they can not control their emotions.

mrsamuelmills83

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Quote from: KellyCoin on January 14, 2018, 08:31:08 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.

IMO you should not worry about it at all. The market will for sure recover as always. Keep hodling through the period and you will be fine. Don't let the FUD catch you.

sclmte

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Activity: 434

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I think there's always correction everyday cause I've saw the chart having always in red, though sometimes goes into green but in few hours it will back again. I really think that market today is very tricky and price can't predicted, it feels that there is manipulation in the market(not a hundred sure).

coinobserver

newbie

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To me this recent correction looks like a buying opportunity.

Some of the best alts came down significantly from the ATH prices. That's a great entry point for people who are looking to ride the next leg up. Invest in the projects with real world potential and it's not likely you'll lose money long-term. IMHO of course. Grin

Tylev

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We have recently witnessed that almost all the altcoins were growing in value and were convinced that they were able to grow and develop rapidly. However, this can not last long. They need a correction and this is an excellent opportunity to analyze the potential of attracting coins and buy them at a low price. It is always necessary to remember that the crypto currency is very volatile and after a fall in price after a while there will definitely be an upswing.

feelideb

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When coin prices are bleeding, you must get ready to scoop as many alt as possible. Why? Because that is the time to see incredible offer that are been presented by fear, uncertainty and dispair!

CryptoCY3366

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Corrections just weed out the shit coins and scams and are healthy for the crypto market. Research your prospective projects thoroughly, make sure they have a great TEAM behind them and a real world use case, then make your investment and sit back if its a quality project you will be rewarded many times over...

Jeffdu3300

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Quote from: KellyCoin on January 14, 2018, 08:31:08 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.

Preparing the trading plan helps ease the stress on trading altcoins. Trading plans consist of entry and exit plan, technical analysis, and fundamental analysis. These are powerful tool that will helps us to become successful traders. I agree with you that at this time We can take advantage the current situation.

KellyCoin

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Activity: 126

Merit: 10

Markets looking good. Finally time for a Bull run?

vendy86

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the most important for a trader is a patient.
never sell loss for your coin.
when all red hold it and buy some more.
and sell it partial when they moving up.

Endorphinity

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Altcoins will bleed until bitcoin stands still and does not grow. As soon as bitcoin goes up, then all altcoins will also start to grow. I think that overall growth will begin soon.

pazzanegro

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Activity: 434

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Hey guys, don't panic, crypto immortal. We will see the rise soon, even situation now (BTC=11200$) no one could predict few years ago. So the best way is just hold (for me to buy more).

tamango

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Activity: 602

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Do no panic sell...keep calm and hold... when I bought some alt coins on august 2017 then in september some of them were -60%.... now these are +200% even now...

Opnsrc

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Quote from: KellyCoin on January 14, 2018, 08:31:08 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.

Just stop to be panic stricken. It is the time to relax and just hold your altcoins. Use this time to monitor the market of crypto, search for good and promising ICO projects. Take this fall of all alts as the possibility to get new ideas concerning successful trading.

jk9694

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Activity: 274

Merit: 122

many coins have fallen in price - this is a fact, and those with a portfolio that is highly diversified will confirm that the portfolio as a whole could have fallen by 50% or more, but I'm not sure that some of the coins will regain their positions after a general rise

KellyCoin

member

Activity: 126

Merit: 10

Well it seems the market didnt have too much of a reaction co to coincheck hack. I hope this holds.

Topic: Alts are Bleeding What To Do? - page 19. (Read 4258 times)