Alts are Bleeding What To Do? - page 22.

Mumbeeptind1963

hero member

Activity: 1190

Merit: 568

Sovryn - Brings DeFi to Bitcoin

Quote from: AlexOnix on January 21, 2018, 12:11:02 PM

Quote from: mysterecryptoooo on January 20, 2018, 11:16:56 AM

Generally after a big pump there always a correction in the corner, Besides it happens every new year, Just hold on to them and try to buy some more while the price is low

This is probably the best advice. Many people who sell their altcoins, sell with loss. To me this decision is not clear. But everyone has their own tactics.

If the altcoin is dumping it means you must have something to do to your coin or just remain to hold until it rise again. But if think its better to hold it because soon it increase its value, beside it always happen in crypto to fall and rise again. Also if dumping now this is the right time to buy more altcoin because of its lower price and have potential to earn money when its rise the value again.

AlexOnix

member

Activity: 196

Merit: 10

Quote from: mysterecryptoooo on January 20, 2018, 11:16:56 AM

Generally after a big pump there always a correction in the corner, Besides it happens every new year, Just hold on to them and try to buy some more while the price is low

This is probably the best advice. Many people who sell their altcoins, sell with loss. To me this decision is not clear. But everyone has their own tactics.

mysterecryptoooo

jr. member

Activity: 238

Merit: 1

Generally after a big pump there always a correction in the corner, Besides it happens every new year, Just hold on to them and try to buy some more while the price is low

gomei

hero member

Activity: 770

Merit: 500

The alt coins are recovering from yesterday, just as I predicted, they will recover soon since this falling recently was caused by rumor. This market is getting mature.

KellyCoin

member

Activity: 126

Merit: 10

Just finished BTCmiami conference yesterday and can definitely all of us here are at the right place at the right time. There are so many exciting projects coming and so much infrastructure that is being built. We are only just scraping the service of what this market will be like. Any ups and downs we are seeing right now is nothing compared to the benefit those of us will see once we continue to participate in this space. Its Exciting!

Azzhan

member

Activity: 210

Merit: 10

When the cryptocurrency market has a big rise, it is perfectly normal to have a big drop.
I heard that China had a new regulation on January 24th to target the cryptocurrency market, so I think maybe the 24th or the 25th is a good time to buy.

awazieik

full member

Activity: 448

Merit: 100

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.

We are so much focused on the market that we lose track of the vision of the coins. Most of these coins have not even reached their roadmap but we panick because they are on the market. This is the time to be calm and even buy more

number37

sr. member

Activity: 658

Merit: 250

I do not think that such a correction scores traders, rather beginners. Everything moves right under the law of the exchange. It is necessary to use Fiat at this time.

Cryptokingind

member

Activity: 322

Merit: 10

It's not a tense time because market giving buying oppourtunitiy at lower level to long time investors and this kind of oppourtunity never comes everyday. put your money in parts at different levels to averaging your cost.

popolite11

sr. member

Activity: 882

Merit: 250

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.

You need to remain patient and wait until the moment when the crypto-currencies start to grow. This will be a time when you can buy coins to sell them later. This is rational strategy and we should adhere to it.

Zendalet

member

Activity: 210

Merit: 12

These violent price changes don't look organic at all. I highly suspect the whole crypto market is being manipulated by those who claim to protect investors. That's right, the government regulators, the central banks and the futures 'we will tame Bitcoin' markets, they are playing a devious game. What can you do? Keep this knowledge in mind and be prepared to convert your coins to a safe have as soon as possible.

onecall123

sr. member

Activity: 2156

Merit: 323

Altcoins market is completely volatile. If you don't know how the market crashed, be safe out of it and research over it. I know, it was a very stressful day those noobs to be honest.

doudou1110

member

Activity: 100

Merit: 100

I think some altcoins with large marketcap will recover soon since I think more investors are on the way, they will buy these coins first to reduce the risk.

veraro

full member

Activity: 966

Merit: 100

Harmony for One and All

There is no reason to panic.This is a normal correction after rapid growth.Most importantly dont sell during this period. But we can buy some promising altcoins at low prices.

Ganerch

full member

Activity: 180

Merit: 100

I thinks it’s ok for alts to bleed for others to buy dip then Hold and expect high returns soon. Just remember to study the alts that your about to buy so you know it’s status and capability.

dincer125

member

Activity: 110

Merit: 11

ıf you have a loss you have to keep holding the altcoins.
ıf you have still fund try to buy with these low prices because I think this is the lowest prices.
Then you will have a lower rate as average price. In case of an increase of 2-3 points you can get your fund back.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

When markets are bearish it's a great time to invest in ICOs or otherwise move into Tether/fiat and wait for another opportunity. Alternatively (depending on your tax situation), just hodling might be a decent move too.

Emilyearl

full member

Activity: 700

Merit: 105

APESWAP

What to do right now is stand aside and keep observing some good projects so as to know when it's good entry to invest more. The corrections will end soon and then the market will boom.

NilaMutac

newbie

Activity: 17

Merit: 10

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.

I agree take some vacation or watch some movies so you can relax and comeback when the market recovered.

Stella27

member

Activity: 294

Merit: 10

We just have to hold these tokens. Eventually it will go back to normal or grow even bigger. Those who panic will lose. Buy while the prices are low.

Topic: Alts are Bleeding What To Do? - page 22. (Read 4286 times)