Topic: Are you now going to hold when the market is red? - page 3. (Read 14606 times)
it depends on what price you buy coins, I take the case of bitcoin as your example, when you buy bitcoin at a price of $8000 and after that the price falls to the price of $6000 after that you will definitely panic because it is stuck at a very expensive price, I'm sure you want to sell it because you panic, but I think it will make you lose, because when you sell coins at a cheaper price when you buy it will make you lose the assets you have, while when you do not sell and keep holding back the bitcoin you buy Then you will not lose because the price of bitcoin can rise again, so you should be able to understand the loss that you will get if you sell it at a cheap price because of panic and the best way is to hold.
For me if the market turn to red must better if you hold your bitcoin that you already have becaude if you sell that your money gone. The best you do also is to buy more bitcoin and spread the good news of bitcoin to know other so we can see again the price pump. Don't be panic if the price decrease just relax and do your best to stay calm and positive the bitcoin community.
Price dips are normal in the crypto market and this downtrend is only temporary tge price will bounce back to higher price again after some weeks. When market become red, holding coins till they go up again is still one of the best strategy for earning profit but one must ensure that the coins you are holding are good for long term hold. Coins that have no potential to go up or a sure candidate for future delisting will be sold instead.
to reduce and avoid losses, the best way is to keep holding the coins I have when the market is red, and I will wait until the price recovers and the market is green
Yeah you are right, I agree with you. I think that selling bitcoin without any intense need is not sensible. It would mean that you want to lose your investment by choice. You can earn money from your investment if you remain calm for some more time. There is no need to sell coins for low price. Hold them until the price rise again and don’t be panic about the time.
Bitcoin has dropped again at 6500$ and it doesnt look like he is going to grow up again at 8000$ in a few weeks .
A lot of people surely selled their bitcoin because of panic . I dont know whats gonna happend next but i think people should hold their bitcoin untill he will grow up cuz he will surely grow up .
A lot of people surely selled their bitcoin because of panic . I dont know whats gonna happend next but i think people should hold their bitcoin untill he will grow up cuz he will surely grow up .
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on lossing money still them you should prepare it. When the price is at low you should not do anthing from except the technician is good so it os really confirm
to reduce and avoid losses, the best way is to keep holding the coins I have when the market is red, and I will wait until the price recovers and the market is green
if I am stuck with a very expensive price then of course I will hold the assets that I have and I will not sell them at a very cheap price because if I release and sell it then I will get a lot of losses.
Bitcoin will not die and the market decline will not be forever, and the best way to save from loss is by holding. Holding will be able to give good results, because bitcoin can still have a high price.
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
price reduction does not mean death for bitcoin, people who think that way are wrong, this may be a panic for them and in the end they prefer to sell bitcoin, and what happens when it is done? we have lost our coffers or we have lost.
People usually stop trading at all in bear market. But that is the wrong conception. Bear and bull market, both are equally good to make profits. Only the market moving sideways is the boring one. Bear market provides equal opportunity to earn. Therefore, red market doesn't mean doing nothing and hodl. Put your TA skills to use for squeezing out profit in adverse market condition.
Of course, even though the red is marked by the market I hold my tokens. Because the market does not mean that you have no market for a bigger profit? You make mistakes because they just woke up so much more.
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on lossing money still them you should prepare it. When the price is at low you should not do anthing from except the technician is good so it os really confirm
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
Yes. I am agree with you. Experience really counts, if you still did not experience on losing money still you should prepare for it. When the price is at low you should not do anything but to hold it for a while, while the others choose to grab the opportunity to buy more bitcoins while it is in risk. For me, holding my bitcoins when the market is red is my choice because I know it will not stay there, ot will raise again.
When the market is red, I will set a stop loss for myself. I will only sell these coins when the loss reaches this point!
if we already have a lot of experience in crypto then we certainly already know with a market that is always changing and when the market goes red, the most appropriate choice is to hold the coins we have so we will avoid losses
Forbearing on holding is the most appreciable way to gain profits immensely. As an individual who penetrate on crypto must be know the aspect and consider to make move on what is good to be done while it is on RED and refer for the past experiences. A good determination on planing for the future will gain thrives indeed. And I think this is what most people aim on pentrating crypto for the entire year.
if we already have a lot of experience in crypto then we certainly already know with a market that is always changing and when the market goes red, the most appropriate choice is to hold the coins we have so we will avoid losses
Often times whales will destroy a market, punishing the price using their extensive currency holdings until everyone who isn't invested long term sells. Then they scoop it all up cheap and enjoy new all time highs with more than they started with.
The strongest argument for selling during a market correction (assuming you don't need the money and are long cryptocurrency, which I certainly am). Why not sell high and buy low? It sounds great, but... I'm just not that great at telling the future or timing the market. When bitcoin went from $1,200 down to $250 in 2014, I didn't sell. At one point I sold some, but then it started to go up again, and I bought right back in. I was too emotionally connected. I think cryptocurrency is the future, and I don't want to be on the sidelines trying to buy back in at higher prices later. At the same time, if I had sold at the top and bought near the bottom, I'd have a heck of a lot more cryptocurrency than I do right now. This is a strong argument to sell and then re-buy later.
All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die
I agree with you. When there is a lot of panic around and everyone sells their coins I hold bitcoin to enjoy good profits after some time.
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