Topic: Cryptocurrency prices are dropping - what will you do? - page 2. (Read 572 times)
When prices are dropping I buy a lot of promising coins for a low price and hold them for better times. Crypto will recover and there is no reason to panicking when prices are dropping.
Now some of the coins I'm holding them have very low prices and I do not know how to do it and I decided to hold them until they grow back, maybe for a long time, though. I am still determined to hold
What will I do now is just wait, and while waiting I will research another project.
There's nothing we can do moreover, we can not change the condition, so just be patient and wait for the surprise.
There's nothing we can do moreover, we can not change the condition, so just be patient and wait for the surprise.
The crypto world is currently experiencing lethargy nowdays. If you still believe try to survive or you can use other alternatives such as foreign exchange trading.
If you are deep in and have big -% your options are really limited to:
-Buy more and increase your bag: That way when the rise happens it will be much easier for you to recover.
-Keep holding: If you are holding from a long time and you are already in a big loss, selling now will make no sense it is better to keep holding and hope for the market to recover soon.
And if you are just about to get in, then you will have no better time to jump in the train, the whole market is already in a huge dip, I think it is beat time to invest.
-Buy more and increase your bag: That way when the rise happens it will be much easier for you to recover.
-Keep holding: If you are holding from a long time and you are already in a big loss, selling now will make no sense it is better to keep holding and hope for the market to recover soon.
And if you are just about to get in, then you will have no better time to jump in the train, the whole market is already in a huge dip, I think it is beat time to invest.
I think Crypto still has a good and safe price if it is observed that this decline is only temporary and will improve again.
So I will wait for a good moment later.
So I will wait for a good moment later.
I don't see the prices dropping anymore not since the last dip in early August, they are just moving sideways really within a tight range and will continue to do so until Bitcoin breaks out and starts its next bull phase. I don't like selling at a loss through lack of patience so I am holding my coins for now and increasing some of them whilst prices are still cheap. Expect some recovery from Quarter 1 of 2019
Throwing it out there to see what alternatives are available. Last year when market was hot everyone rejoiced at the rise of crypto and demise of dollar. Now that the crypto market is losing value – are there any options other than bailing out?
Try to switch to dollar or dollar like for now. The market will always cycle and reverse. That should preserve value vs fiat of what you currently have.
If this is the bottom as some say, then start accumulating.
IMO, I think we haven't seen the bottom yet as lots are still hopeful and looking forward to end of the year potential bull run.
I think crypto is in good shape, there is no loss of value anymore which is too large and more into the stable. Thus this becomes nice and doesn't need another path to crypto. keep wait and hold will be a priority for either. even when daring to trade then crypto still could produce.
Now I tend to sell my assets because I don’t see so far the prospects for market growth
In my opinion, point 1 & 3 are good options. I did it for last few months and will be back when the market value get better
Those options are the best only for those who believe in the market. But for someone that doubts the potential of the market, it's better for them to stay away and don't look back to the market.The problem of others is that they keep on worrying and echoing that the market is so bad that they can't take it any longer. And that's the solution for them, they have to get out if they really don't want to take it anymore because it is not helping them if they have that feeling.
I will advise you to stand strong and strengthen your believe in cryptocurrency. This long dip is actually a blessing in disguise because it gives opportunity to buy coins very cheap. I will advise you to even buy more Cryptos.
When its dropping more than 30% I just buyback then sett target to BEP. That why I don't all-in when trade, I always save my other amount for the next chance to get profit.
Before buy coin to trade, make sure that have good news regarding that coin.
Before buy coin to trade, make sure that have good news regarding that coin.
Buy more cheap prices and HODL for few months when the new bull market will begin you will sell with the huge profits. This bear market is the best time to make a cheap portfolio of promising alts.
Throwing it out there to see what alternatives are available. Last year when market was hot everyone rejoiced at the rise of crypto and demise of dollar. Now that the crypto market is losing value – are there any options other than bailing out?
Now the best option is to be patient and wait. If you are engaged in trade, then even now you can find pairs of cryptocurrencies on which you can earn a little bit.
dropping means its a 100% buying opportunity. Also try to do airdrops and bounty and earn extra income and invest those earnings in good alts. also if you are doing a job then you can invest more using your salary too. also if you do not have enough money then stake your coins in wallets and hold them
I think that there is left to wait and hold their coins until the market recovers I think that everything will be better than the current situation
Believing and continuously supporting might bring hope there's no need to worry if you do believe that things will be back to its uptrend positions,the market is really unpredictable small pumped can happen from time to time you need to have extra patients, support and hold till you see the
positive outcome.
I'm not really bothered about the price because it is really stable now. At this price, one can buy in, soon the price will climb again from what I'm observing.
This is the most difficult advise to heed by an addict.
3. Go away from the market for a while and get back to it when it gets better.
This is the most difficult advise to heed by an addict.
I think that there is left to wait and hold their coins until the market recovers I think that everything will be better than the current situation
Crypto is down but not too sharp, buy and save for the long term, it's better to remain optimistic about getting a high price later. Each period must be up and down is reasonable so be patient for the future. People who sell are people who are impatient and luck will come to those who are patient.
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