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Topic: Alts are Bleeding What To Do? - page 29. (Read 4289 times)

member
Activity: 269
Merit: 11
January 14, 2018, 12:50:46 PM
#75
I think it is not bleeding, it's just a correction because prices was too bump, in several days almost all market will be green. However not all marlet red now, I still see altcoin wich rise up.
member
Activity: 448
Merit: 37
January 14, 2018, 11:34:38 AM
#74
10-20 % correction is normal . If your portfolio decreased by 50% in a few days , you probably invested in a wrong projects . But even in this scenario , I expect most of alts will regrowth soon
member
Activity: 126
Merit: 10
January 14, 2018, 11:33:41 AM
#73
I completely agree with you. With such a large market correction, it's very difficult to control yourself. I really want to redistribute money. Make some changes, so the minus in dollars was not so terrible. But the best solution is to do nothing.

Very true. Its so tempting to try to sell and re-buy lower but what if it goes up? Or what if you sell and buy something else and then what you sold goes up...Both situations has happened to me in the past and I find it best to just wait it out or deposit more fiat if you want to play some more.
full member
Activity: 196
Merit: 100
January 14, 2018, 11:31:07 AM
#72
I completely agree with you. With such a large market correction, it's very difficult to control yourself. I really want to redistribute money. Make some changes, so the minus in dollars was not so terrible. But the best solution is to do nothing.
full member
Activity: 482
Merit: 117
January 14, 2018, 11:30:07 AM
#71
I can't say now which coin is back. You have to wait for another a month because now we can't defined which is better. So try after one month the price's will be stable than it's easy to defined.
member
Activity: 126
Merit: 10
January 14, 2018, 11:24:05 AM
#70
The whole crypto-money market is starting to fall, and I think it might be in the short term. It may be a good choice to sell all of them now.

Really? You don't think that the crypto market will not bounce back from this?

Bitcoin has always bounce back from every bear market there is and fought over every FUD. It will bounce back from this. Just hold and sell when you make profit not when it is at loss.

This has happened time and time again. Good coins always bounce back. Now if you hold a bunch of shit coins you should be panicking.
hero member
Activity: 1148
Merit: 504
January 14, 2018, 11:07:58 AM
#69
The whole crypto-money market is starting to fall, and I think it might be in the short term. It may be a good choice to sell all of them now.

Really? You don't think that the crypto market will not bounce back from this?

Bitcoin has always bounce back from every bear market there is and fought over every FUD. It will bounce back from this. Just hold and sell when you make profit not when it is at loss.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
January 14, 2018, 11:07:41 AM
#68
Its a great time to buy right now because of the dip. Just invest in projects you believe in and have a good team and tech behind it. I am a big believer in VEN and have put alot of my current holding into it over the last few weeks.
That is sadly true to buy whenever there is a dip and not to sell off in panic. But this can only be true for veteran traders or holders. Noobs easily show their weak hands at a time like this. At the moment, the correction in btc (which is why altcoins are bleeding)  is highly needed for it had over stretched itself a long time ago.

So, OP you should hold your coins and even buy more at each dip.
member
Activity: 350
Merit: 16
~bitcoin enthusiast~
January 14, 2018, 10:59:11 AM
#67
If you have some altcoins unaffected then just sell at high price. And buy some cheap coins. Or deposit fiat and buy some cheap coins. Bottomline buy some cheap coins  Grin
member
Activity: 168
Merit: 10
January 14, 2018, 10:55:37 AM
#66
if you missed to sell then hold!
member
Activity: 210
Merit: 11
January 14, 2018, 10:53:52 AM
#65
the entire market is being very fluctuative recently, the price of coins drops drastically in few days, so in this situation, we have many choices such as using the drop of these altcoins to buy some more coins with cheap price, but with some of you may panic when witness the drop of altcoins, then you should have hold until the fluctuation gone.
full member
Activity: 336
Merit: 103
Proof-of-Stake Blockchain Network
January 14, 2018, 10:51:12 AM
#64
It a perfect time to buy some good coins like BNB, ICON or any other promissing altcoins. Market fall is always followed by the rise, so don't miss your chance to buy now. If you already have some altcoins just hold them.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
January 14, 2018, 10:49:22 AM
#63
Well I don't think this is just a correction. Decreases of 20 to 30% in the market could be seen as a correction, because we all know how volatile crypto is, but we are seeing dips close to 50%, so that is a little more than a correction. Bitcoin is taking a hit now that the futures have arrived, and although is not free falling is struggling a bit. When bitcoin struggles we see a lot of volatility in alts, because people make some profit there, and go to bitcoin again, and then make some more profit on the alts, and just keeps repeating that.

If you are a trader, then this is paradise, if you are not, then just buy whenever you can and wait for the next boom that will eventually happen because crypto is here to stay. Also since bitcoin dominance is declining, buying alts is a good option, because a lot of money is going there. Of course that people use alts mostly for pump and dump, so I would only hold alts that are solid, and would sell the others as soon as they get a pump. Put that money into bitcoin, and repeat.
member
Activity: 126
Merit: 10
January 14, 2018, 10:48:58 AM
#62
Depends on the coin of course, but I wouldn't exactly go and start buying now. If you do have them, just hold and wait for the long term.

This is why research is key. It allows you to sleep at night even if your portfolio is down because you know eventually it will rebound. I bet all of those involved in Pump and Dump coins are panicking.
newbie
Activity: 22
Merit: 0
January 14, 2018, 10:44:30 AM
#61
Sell if it's a complete shitcoin, if it has a promising future (ZRX, STRAT, UBQ, KNC, DRGN etc) then just HODL!
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
January 14, 2018, 10:43:06 AM
#60
I would be interested whats acutally the reason why all the alts are bleeding so hard. But the only right thing you can do actually is HOLD ad rebudy as long as its so cheap.
newbie
Activity: 168
Merit: 0
January 14, 2018, 10:42:44 AM
#59
Depends on the coin of course, but I wouldn't exactly go and start buying now. If you do have them, just hold and wait for the long term.
newbie
Activity: 41
Merit: 0
January 14, 2018, 10:40:32 AM
#58
Value fluctuations is an intrinsic character of the market, i believe its just the weather of normalization for now, if u are confident in your security hodl, moreover on the flipside now is a good time to purchase at low prices. Exploit both opportunities! Wink
jr. member
Activity: 84
Merit: 4
Cryptocurrency Wallet - Denaro.io
January 14, 2018, 10:37:42 AM
#57
I think you should buy cus it's a perfect time for that. You can recieve the coins you always wanted for a lower price then ever, why don't you do that? Then hold it for a while and sell. Or go on holding and increasing your income.
full member
Activity: 532
Merit: 100
January 14, 2018, 10:35:23 AM
#56
of course do not panic just buy and hold altcoins that have potential. when it go up of course it will go down, it won't just goes up and up. when this altcoins dump the investors are the one worrying the most.
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