Don't Be Under Pressure To act (Altcoin)

TheUltraElite

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Quote from: Wiwo on April 08, 2022, 01:39:53 PM

Very market movement comes with a correction and most time market go side ways just to correct if an investor is not careful you will make a mistake quick sell-off which can impact your holding. But in all I will say one should have a steel hand to hold no matter the market situation.

You can observe this if you are watching the market movements everyday. The big movements usually start of suddenly during a rather quiet portion and then the small fries start following it eventually making that a prolonged movement. This usually follows either sideways movements or a corrective movement, with gradual same direction movements occurring at times.

Quick sell-off can be profited if they buy back at even lower prices. These backup techniques should be kept in mind while trading. Buying low and selling high does not mean that the order of the two have to be followed, you can sell at high and then buy at low too.

After all, being able to hold through thick and thin pays off in the long run, so either way, you need to be patient, not pressured.

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

I mainly invest into new and upcoming projects that i like because i am part of a few launchpads and i am doing that since 2020. I have to say that my portfolio value was really looking great back in may 2021 where i was like at a x100 of my initial investment. Then of course the bear market began and of course as usual the price of the small cap altcoins dropped way harder than the price of Bitcoin or Ethereum. That is also the reason why my portfolio is down more than 90% now in comparison to it's ATH back in may 2021. So yeah i am kinda bummed out now but i also hope and i am also quite confident that there will be another altcoin bull market again where also the smaller cap altcoins will rise again.

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Volatility is the market's characteristic so we should learn how to deal with it all the time.

This habit is very common in newbie beacuse they don't how the market work. They entered in market to make short term profit. Some entered bullish season and buy coin in ATh . When market down 10% they start panic selling. I think spot user should not be panic because market up and down show us many times that all coin will again Hit ATH but will took some time.

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Quote from: Cling18 on April 08, 2022, 11:46:03 AM

Quote from: bitcrystal on April 08, 2022, 11:08:25 AM

It's a time to build your patience, there is every possibility that if you sell now at loss you might be buying at higher price later. So don't panic either you are newbie or an old investor as long as you didn't borrow to invest or invest more than you can afford to lose or invest in a project that you are not confident of continuous development and success. A quick way to make profit easily even on dips If it goes lower than your entry price then add more to your bag, with DCA and take profit as the market moves. You will be fine eventually.

Corrections and dips like this usually happen so if you're a holder or investor for a long time, then this scenario would be familiar to you and you'll know how to deal with it. In cases like this, panicking will only cause you to create wrong decisions especially if you would let your emotions handle everything. Volatility is the market's characteristic so we should learn how to deal with it all the time.

Very market movement comes with a correction and most time market go side ways just to correct if an investor is not careful you will make a mistake quick sell-off which can impact your holding. But in all I will say one should have a steel hand to hold no matter the market situation.

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Quote from: bitcrystal on April 08, 2022, 11:08:25 AM

It's a time to build your patience, there is every possibility that if you sell now at loss you might be buying at higher price later. So don't panic either you are newbie or an old investor as long as you didn't borrow to invest or invest more than you can afford to lose or invest in a project that you are not confident of continuous development and success. A quick way to make profit easily even on dips If it goes lower than your entry price then add more to your bag, with DCA and take profit as the market moves. You will be fine eventually.

Corrections and dips like this usually happen so if you're a holder or investor for a long time, then this scenario would be familiar to you and you'll know how to deal with it. In cases like this, panicking will only cause you to create wrong decisions especially if you would let your emotions handle everything. Volatility is the market's characteristic so we should learn how to deal with it all the time.

bitcrystal

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It's a time to build your patience, there is every possibility that if you sell now at loss you might be buying at higher price later. So don't panic either you are newbie or old investor as long as you didn't borrow to invest or invest more than you can afford to lose or invest in a project that you are not confident of continuous development and success. A quick way to make profit easily even in dips If it goes lower than your entry price then add more to your bag, with DCA and take profit as market moves. You will be fine eventually.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: maydna on April 08, 2022, 08:08:00 AM

It's tough not to panic if the altcoin market drops drastically because it involves the money we invest in altcoins. But if we really believe that the coins we hold have a good future, we should hold on to them and not sell them if the price drops. We can try to increase the number by buying more at that low price. When altcoin prices fall, we actually have the opportunity to buy again but most of us panic and sell instantly without thinking about a reversal of the price. It is important how we can anticipate the panic that can occur when the altcoin market drops dramatically.

I know there a number of users in this forum and outside, that have faith in altcoins, some specific ones and they will buy at every dip. That is the type of backing from investors that a project needs. It does not mean that they are doing the right thing or the profitable thing - think about it.

If you are putting money in bitcoin, you are safe, provided you bought at a dip and not tip. But putting money in altcoins brings in all sorts of risks. To going bankrupt, to hostile takeovers and simply vanishing in thin air without a trace thanks to the pseudo-anon nature.

Some users are deeply into altcoins, let them be, but I try to warn those who trying to tread the waters of altcoins to rethink their choices. All these "being under pressure" and all only begins once you enter the wrong cryptocurrency.

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Quote from: maydna on April 08, 2022, 08:08:00 AM

It's tough not to panic if the altcoin market drops drastically because it involves the money we invest in altcoins. But if we really believe that the coins we hold have a good future, we should hold on to them and not sell them if the price drops. We can try to increase the number by buying more at that low price. When altcoin prices fall, we actually have the opportunity to buy again but most of us panic and sell instantly without thinking about a reversal of the price. It is important how we can anticipate the panic that can occur when the altcoin market drops dramatically.

It really depends on the coin, random coins explode anyday but we can't trust them for long term holding that is why altcoin investors immediately go for selling when the market is in red for a while but real investors who can afford to lose the money will take advantage of that condition so they can accumulate more coins and wait until it recover.

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Quote from: Anguwa on March 18, 2022, 05:29:13 PM

Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is this to say that we should maintain our Altcoins for the time being and not add any more? ,, since I was thinking of buying more, but I'm frightened of this year's crypto market fluctuation; sometimes the market appears to be returning to normal, only to turn red again after a week or so.

Nope. Doing dollar cost averaging on whatever the situation is is better than not adding any investment at all. If you want to buy then just buy Bitcoin if you aren't sure on what coin you want to buy. If you want an altcoin then pick Ethereum if you are unsure. Being frightened all the time will lead you to missed opportunities. Just make risk and do dollar cost average. If you have spare money then buy.

As for the OP, making decisions under pressure will lead to wrong decisions and its not only applicable in altcoins or investing but in our daily lives as well. Making decisions under pressure in investing will just lead you to multiple mistakes that might affect you mentally so be calm, make plans and don't stop investing and don't stop learning.

maydna

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It's tough not to panic if the altcoin market drops drastically because it involves the money we invest in altcoins. But if we really believe that the coins we hold have a good future, we should hold on to them and not sell them if the price drops. We can try to increase the number by buying more at that low price. When altcoin prices fall, we actually have the opportunity to buy again but most of us panic and sell instantly without thinking about a reversal of the price. It is important how we can anticipate the panic that can occur when the altcoin market drops dramatically.

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Quote from: Oasisman on April 08, 2022, 05:57:48 AM

Quote from: rozak on April 02, 2022, 09:49:20 AM

Quote from: ivankoh on April 02, 2022, 09:17:35 AM

Pressure creates wrong/improper actions. I think there is no need to rush if you have already determined the direction and plan from the beginning. That is important. Thinking goes with action, but pressure only makes it easier to act with feelings without reason. It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health

because the pressure gives nature to panic. everyone must have the same experience. what makes the difference is the way of solving and mastering emotions.
at least we've seen the peak, and when there is at the bottom there will still be confident that we can get the peak again. losing the current moment makes us have to hold assets. but we will be sure that the plans we make will never go wrong.

Mastering your emotions? That sounds easy but in an actual situation that's hard to apply. Nobody is getting comfortable when your portfolio is gradually going down, though you knew there is always a chance to pump up again, but the risk of lossing your capital is always there. Unless, your portfolio contains most of the top alts in the market otherwise you'll really have to worry. Thus, panic selling to cover possible more losses will occur.

Easy to say to master the emotion but unfortunately when we are in the state of confusion on how market goes and also seeing how our portfolio slowly melting for the current condition happened for sure we will not think about those things and get panic for what we see. Maybe the least we can do with this is we should know how to take action since sometimes decision making on bear situation really matter since this will determine if we can earn or lose when situation like that occur.

Oasisman

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Quote from: rozak on April 02, 2022, 09:49:20 AM

Quote from: ivankoh on April 02, 2022, 09:17:35 AM

Pressure creates wrong/improper actions. I think there is no need to rush if you have already determined the direction and plan from the beginning. That is important. Thinking goes with action, but pressure only makes it easier to act with feelings without reason. It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health

because the pressure gives nature to panic. everyone must have the same experience. what makes the difference is the way of solving and mastering emotions.
at least we've seen the peak, and when there is at the bottom there will still be confident that we can get the peak again. losing the current moment makes us have to hold assets. but we will be sure that the plans we make will never go wrong.

Mastering your emotions? That sounds easy but in an actual situation that's hard to apply. Nobody is getting comfortable when your portfolio is gradually going down, though you knew there is always a chance to pump up again, but the risk of lossing your capital is always there. Unless, your portfolio contains most of the top alts in the market otherwise you'll really have to worry. Thus, panic selling to cover possible more losses will occur.

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Quote from: doomloop on April 07, 2022, 03:42:44 AM

Quote from: Shasha80 on April 06, 2022, 03:53:35 AM

It is true that selling when profit and buying when the price is down is an old strategy that is commonly used by many people. But the problem is that it's not that easy when implementing this strategy, if the practice is easy to do everyone will easily get rich from investing in crypto.
In fact, the old strategy must be supported by other factors, such as good research and analysis skills to determine which coins are good to buy.

It is easy, it just doesn't make you rich very quickly. If you keep on investing when it is at the bottom and sell at the ATH, how frequently does that happen? Sure we have seen it probably more than some stocks, but the stock market in general is the same too. Making maybe 100% a year doesn't really call out for people, that is a great deal, in a few years you would be rich, but that takes a few years and people do not wait for it.

Anyone who has done that for the past 5 years since the last ATH, and did not budge, did not made mistakes, only bought low and sold high would have been rich by now, but people do not like to wait that many years in crypto, they still do not trust it enough.

In the end the key to success is patience and most people don't have that. That's why so many people suffer losses when investing in crypto,
even though these people have bought at low prices and have also bought potential coins, but the reality is that more people suffer losses.
It's as you explained they want to make profit instantly, very few people can be patient holding in the long term. No wonder many people
are easily manipulated by influencers to buy certain coins that promise big profits in a short time, this is why many people are risking their
money to invest in new coins which can pump very high in a short time. But what influencers don't explain is the risk of investing in new coins,
which if we sell it too late and the price has already fallen, our money will be stuck for a long time. So we really have to have the good knowledge
about the crypto world, so that we know how to invest properly.

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Quote from: Shasha80 on April 06, 2022, 03:53:35 AM

It is true that selling when profit and buying when the price is down is an old strategy that is commonly used by many people. But the problem is that it's not that easy when implementing this strategy, if the practice is easy to do everyone will easily get rich from investing in crypto.
In fact, the old strategy must be supported by other factors, such as good research and analysis skills to determine which coins are good to buy.

It is easy, it just doesn't make you rich very quickly. If you keep on investing when it is at the bottom and sell at the ATH, how frequently does that happen? Sure we have seen it probably more than some stocks, but the stock market in general is the same too. Making maybe 100% a year doesn't really call out for people, that is a great deal, in a few years you would be rich, but that takes a few years and people do not wait for it.

Anyone who has done that for the past 5 years since the last ATH, and did not budge, did not made mistakes, only bought low and sold high would have been rich by now, but people do not like to wait that many years in crypto, they still do not trust it enough.

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As a guru or crypto enthusiast maybe who have been in the space for years or from bitcoin launched they should be able to note that the space is all about patient having some fundamental principles which governed your investment strategies to know the market isn't drastically static which have up and down movement, irrespective of the pressure or threat either war they should have a strong fate not to stumble at any point.

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Quote from: Shasha80 on April 06, 2022, 03:53:35 AM

It is true that selling when profit and buying when the price is down is an old strategy that is commonly used by many people. But the problem is
that it's not that easy when implementing this strategy, if the practice is easy to do everyone will easily get rich from investing in crypto.

most of them could not controll their greedy , and let profits finally be negative floating while market suddenly reverse. if everyone patience taking result in trading and dicipline with their profits target i am believe we could be growth our balance steadyly.

Quote from: Shasha80 on April 06, 2022, 03:53:35 AM

In fact, the old strategy must be supported by other factors, such as good research and analysis skills to determine which coins are good to buy.
Because not all coins purchased at low prices can generate profits, and also our knowledge of the crypto world is also very important. Due to our
success in investing in crypto, depending on how we understand how the crypto world works, therefore never stop learning everything about crypto.
Moreover, crypto is always a new trend, that's the importance of always updating our knowledge about crypto.

beside all of those, the another important key were emotion and psychology. these thing will give us best result while we have no good skill in analizing.

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Quote from: Google+ on April 05, 2022, 03:31:09 AM

Quote from: 5W-KILO on April 05, 2022, 02:31:05 AM

Is there anything that's better than the DCA technic? I don't think so, this is the way forward, it makes no sense to stop investing when the market can improve more in future and it also makes no sense to sell for the fear of what may never happen tomorrow, sell only when you are in profit and buy when there is dips.

Selling only when you are profitable and buying when there is a decline is an old strategy that has been applied by many people for years and I think this kind of strategy is still very well used today and also many people are adopting it in terms of profit and also in terms of increase the number of existing assets.

It is true that selling when profit and buying when the price is down is an old strategy that is commonly used by many people. But the problem is
that it's not that easy when implementing this strategy, if the practice is easy to do everyone will easily get rich from investing in crypto.
In fact, the old strategy must be supported by other factors, such as good research and analysis skills to determine which coins are good to buy.
Because not all coins purchased at low prices can generate profits, and also our knowledge of the crypto world is also very important. Due to our
success in investing in crypto, depending on how we understand how the crypto world works, therefore never stop learning everything about crypto.
Moreover, crypto is always a new trend, that's the importance of always updating our knowledge about crypto.

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I do agree that we shouldn't really be focusing on anything that is too out of ordinary, just focus on getting more of a big name coin and you should be doing fine. I am not saying that it should take longer than that, all I am saying is that we shouldn't really be losing too much hope by investing into low cap stuff and then lose money.

Get the big names, and then keep on accumulating when it is going down and keep doing that until you profit enough for your taste and if you want to go out, then you could go out that way. It is not a terrible method, but it is not a great one neither, it will allow you to do "decent" and that is good enough for most newbies.

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Quote from: 5W-KILO on April 05, 2022, 02:31:05 AM

Is there anything that's better than the DCA technic? I don't think so, this is the way forward, it makes no sense to stop investing when the market can improve more in future and it also makes no sense to sell for the fear of what may never happen tomorrow, sell only when you are in profit and buy when there is dips.

Selling only when you are profitable and buying when there is a decline is an old strategy that has been applied by many people for years and I think this kind of strategy is still very well used today and also many people are adopting it in terms of profit and also in terms of increase the number of existing assets.

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is there anything that's better than the DCA technic? I don't think so, this is the way forward, it makes no sense to stop investing when the market can improve more in future and it also makes no sense to sell for the fear of what may never happen tomorrow, sell only when you are in profit and buy when there is dips.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Kopetunto on March 24, 2022, 09:21:58 AM

trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.

You are talking like a pro trader. I hope you do that when trading on your own too.

Panic is a part of the market. It exists and therefore the market moves. While there are good traders who know that buying when panic selling is happening gives them a discount, there are also those who will continue to panic sell.

It is just a matter of maturity among the traders. Those who know how to handle movements know how to keep calm during trading.

But them again one should know how to place a buy/sell order at a price worth it in order to prevent such panic.

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Quote from: ivankoh on April 02, 2022, 09:17:35 AM

Pressure creates wrong/improper actions. I think there is no need to rush if you have already determined the direction and plan from the beginning. That is important. Thinking goes with action, but pressure only makes it easier to act with feelings without reason. It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health

because the pressure gives nature to panic. everyone must have the same experience. what makes the difference is the way of solving and mastering emotions.
at least we've seen the peak, and when there is at the bottom there will still be confident that we can get the peak again. losing the current moment makes us have to hold assets. but we will be sure that the plans we make will never go wrong.

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Pressure creates wrong/improper actions. I think there is no need to rush if you have already determined the direction and plan from the beginning. That is important. Thinking goes with action, but pressure only makes it easier to act with feelings without reason. It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

That is true to an extent, of course it is important not to be affected by FUD and sell your coins, but mind you that a lot of that depends on the coins that you are hodling, personally i consider majority of altcoins to be short term projects/pump and dump coins, and if i held any of them and there happens to be a real crash on the horizon, i can't assure you that i am going to hodl on the them. What i am basically saying is that one should only plan to hodl onto coins that are long term projects, like Bitcoin for example. But if the coins you own are short term projects, i would advise you sell them as soon as you have earned ROI on them.

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Quote from: Kopetunto on March 24, 2022, 09:21:58 AM

trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.

When it comes to trading or investment one needs to have a calm spirit and a huge understanding of the situation, the right time to take every right action.
Once you build your knowledge about certain assets don't be moved by short term actions no matter their impact on the price of your coin, as long as you are holding a potential coin you will have the confidence that no matter what happens in the market you will continue to hold and not follow fuds and the mainstream media.

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trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: TribalBob on March 20, 2022, 10:05:38 AM

I think it's time for us to hold off on shopping, because the market situation is unpredictable, the fear is that the BItcoin price will deepen, and as we know altcoins will surely fall even deeper, I personally stop shopping, and trade in small quantities for weekly survival,

Yeah, no point is buying altcoins, because because most of them will fail anyway even after being big for a short time. Unpredictability is what makes the crypto market more attractive to its users and traders. But it is also true that wasting time on shitcoins will never yield anything fruitful.

Also shopping for altcoins often ends up with spending on a number of shitcoins that end up clogging your wallets. It would be a better decision to spend their on bitcoin at a later period of time when the price goes down.

If one can maintain that fiat<>bitcoin optimization of funds, they can profit from the market with proper buy/sell.

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Quote from: Anguwa on March 18, 2022, 05:29:13 PM

Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is this to say that we should maintain our Altcoins for the time being and not add any more? ,, since I was thinking of buying more, but I'm frightened of this year's crypto market fluctuation; sometimes the market appears to be returning to normal, only to turn red again after a week or so.

I think it's time for us to hold off on shopping, because the market situation is unpredictable, the fear is that the BItcoin price will deepen, and as we know altcoins will surely fall even deeper,
I personally stop shopping, and trade in small quantities for weekly survival,

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Quote from: asyakashi on March 20, 2022, 05:43:31 AM

I believe cryptocurrency is the epitome of financial freedom.
The more we feel free here, the more we can enjoy blockchain technology and cryptocurrencies.
A living proof is that bitcoin and other coins can always grow under any pressure.
Even when we have a war recently, it doesn't have a bad impact on cryptocurrencies, instead countries that are involved in war will indirectly need cryptocurrencies.
Plus, every year there are always surprises from cryptocurrencies as new technology concepts or programs as we know them today, namely Metaverse and NFT.

that's why financial freedom can change people's mindsets towards the times, where investments can now be made anywhere without a third party intermediary, for the problem of the growth of each existing coin, it really depends on development, Votality and support from various parties who play a role, technology is strongly supported by there is crypto, so here we can do anything to make a profit, in ways as per the existing rules, to this day I believe crypto as a symbol of financial freedom for anyone

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I believe cryptocurrency is the epitome of financial freedom.
The more we feel free here, the more we can enjoy blockchain technology and cryptocurrencies.
A living proof is that bitcoin and other coins can always grow under any pressure.
Even when we have a war recently, it doesn't have a bad impact on cryptocurrencies, instead countries that are involved in war will indirectly need cryptocurrencies.
Plus, every year there are always surprises from cryptocurrencies as new technology concepts or programs as we know them today, namely Metaverse and NFT.

masterrex

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

IMO, I agree that novice users are the one who is experiencing that so-called pressure because this market cycle is just being repeated so those who are already experienced it will not feel the same as you said like under pressure because it's just being repeated so I think it's not appropriate to apply this kind of feeling, in general, the crypto market is always changing by experiencing trends in various field for example after Defi was boom now there is NFT boom then what's next? one thing is for sure many trends and innovations will follow so we better get ready.

xzone

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Quote from: coin-investor on March 19, 2022, 06:37:59 PM

Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.

I agree, it is not invested according to whether there is a downtrend in the market. The coins that you think will make money and that you have been holding for years can become garbage, so it is important to keep your portfolio up to date.
Investing by looking at the hype when investing right now is what will make you the most money. It's risky to keep things outdated

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Wiwo on March 18, 2022, 02:03:04 PM

At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

This statement can be applied at all stages not just now. Some people are always in the state of "let me exit now" and they are going to drop their bags as soon as they see some uptrend.

Whether NFT and Metaverse are going to be anything, it is a big question. I am not betting on them to be big, but there might be some coin price movements associated with them and you can sell at profit. The main thing is getting the profit and that is where the speculation comes in. People dont want the technology to develop but they are in for the quick money making that crypto in its previous days have already shown the public.

So you will see erratic movements in the market with the current rise in price.

Mauser

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It's best to never decide under pressure, there will always be new opportunities around. This year I didn't buy any alt coins so far. Last year I added a few dodge coins, but mainly focused on ETH and BTC. This year I will do the same. The bitcoin prices dropped so much compared to last year that it feels like a must buy for me. So instead of struggling to choose the best alt coin out of the large pool, I will stick to the coins that did really well in the past.
If I had more capital to invest I would also buildup my alt coin portfolio. Unfortunaley I am still repaying a loan and have some issues come up that require me to set aside more fiat money this year. For expenses I prefer to save up the money in the currency I need it in. That's why investing now money I need in a couple of months is not really a option. For all the money I can share to invest my hierarchy is 1. Bitcoins, 2. ETH and only after that I would go for alts right now.

ethereumhunter

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Quote from: Sled on March 19, 2022, 05:13:11 AM

Perhaps, to see that Bitcoin remains above the $40k level, we really feel the confidence that the market will surely recover shortly. The contribution of Bitcoin to the altcoins side helps to stay at a high level as well. We are not seeing altcoins in red for very long, it was just almost a month if I'm not wrong but now, as the price moves back on the uptrend momentum, altcoins are also showing the same trend.

Sometimes, we even see some of the altcoins keep on the green while the others are in the corrections. We're glad to see people had been strong enough to manage their investment and still hold despite the FUDs.

With the bitcoin price currently still at $41,900, it gives us more hope that we hope market conditions will recover soon before the middle of the year. But to reach the final ATH, it will still take an unknown amount of time but if the price can get back to $50k and stay there, there is a possibility this year the price could go back to $69k again. But we also have to be prepared if the price can't get back to $50k and even reaches the last ATH.

Hopefully, we will remain strong to manage our investment and survive under any conditions. FUD is always there, but that's how we can manage our investment and control ourselves so we don't get affected by FUD.

TelolettOm

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, ..

This phenomenon often happens in the crypto world,moreover when the market is getting in the bearish season, or there is any dip market situation. Additionally, this is more than market corrections.
We all know that every time Bitcoin falls down, altcoins will be also following, much worse than the Bitcoin condition. Altcoins may drops more than -50% when in this kind of market situation. This is irony for some good altcins. But, this is likely a cycle likely to filter which altcoins are really potential by surviving from this kind of market situation.

Quote from: Wiwo on March 18, 2022, 02:03:04 PM

Don't Be under pressure

You're right, if we feel under pressure with this market drops moreover for altcoins, it will only hurt you, but nothing to do. Just be patient and wise enough. That is why everytime we are going to invest, learna and research more, use only free money so that if we are expericning this makret drop, we are still okay to face it

7788bitcoin

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Quote from: coin-investor on March 19, 2022, 06:37:59 PM

~
Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.

Depending on the project you can take positions according to the market situation, i missed the meme hype during the initial stages but then i jumped into some of the hype projects and then booked my profit without holding much as i am not too confident to hold them for a long time. There are some projects that are good but the price is yet to move higher and hopefully we need to hold for the next rally.

coin-investor

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.

batang_bitcoin

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Quote from: yawars20 on March 19, 2022, 05:26:46 AM

Quote from: batang_bitcoin on March 18, 2022, 05:17:10 PM

The newbies are likely the ones that are being under pressure. They're panicking when they see a slight movement in the market and when there's a massive drop.

Only Newbies are affected by fluctuation of market, I don't think so. I personally saw many experts to go wrong way and getting pressure with market going down. This is all because of high level of uncertainty within crypto. Witch Leeds many to go panic and cause to do a wrong move in wrong time. We all are humans and bound to do mistake specially when pressure is high.

What I'm saying is about the pressure, everyone is affected by the fluctuation and there's no one that can skip that even the experience ones although they have a better way of taking it. But when it's about panicking, the experienced ones are unlikely to go in panic.
That's why most newbies are panicking because they lack experience about the fluctuation until they put it on their minds that experience is going to teach them what they must do in the future.

husdemba

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Pepemo.vip

We've seen fake bullish moves many times over the last one year. I think 50% cash should always be in our pocket. If Bitcoin crosses the 45500 level and becomes permanent, then I will be more hopeful Undecided

Sanitough

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Just relax and consider it as a normal situation.

If we have been here in the past, we should understand that it already happened in the past, after the bull run or the ATH, the next thing that would happen is the correction stage, therefore don't make it cause you to panic as that kind of situation is always a golden opportunity to accumulate.
I've learned a lot from my mistake in the past, I'm not pressured now, instead, I'm happy that I'll be able to accumulate again.

judeafante

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

When it comes to selling and adding it depends on the situation of the holders, some are selling because of the economy brought by rising prices and the pandemic, some are selling because they need to add coins with a much better potential the market is getting better right now so we should make sure that we have a good portfolio it's ok to sell as long as you are selling nonperforming tokens to be replaced by tokens with good potential.

the ghabbar

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Trying not to be under pressure is a step to avoid losses caused by the current negative market, caution in adding assets or releasing coins that we have must be based on stable or bullish conditions. If not, then the assets or coins that we have will not generate a significant profit reaction, moreover, many cases are now being associated with crypto's future journey, so be careful for market conditions like now

MAAManda

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Take a look at my merits, It's lucky number

"Don't be under pressure" That's a good advice for all of us this year, especially for newbies, but apart from not being under pressure to choose or release coins or tokens, it's also a good idea to always do research on what we want to sell and what we want to buy. research exceeds everything in the crypto world, and one more thing, don't overdo it with hype, as we know, recently NFT BAYC released a token, namely Apecoin, there are a lot of people who have lost because of buying at high prices because buying based on excessive hype .

yawars20

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Quote from: batang_bitcoin on March 18, 2022, 05:17:10 PM

The newbies are likely the ones that are being under pressure. They're panicking when they see a slight movement in the market and when there's a massive drop.

Only Newbies are affected by fluctuation of market, I don't think so. I personally saw many experts to go wrong way and getting pressure with market going down. This is all because of high level of uncertainty within crypto. Witch Leeds many to go panic and cause to do a wrong move in wrong time. We all are humans and bound to do mistake specially when pressure is high.

Sled

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Quote from: ethereumhunter on March 19, 2022, 04:11:55 AM

This year may be the year to start reinvesting after the market went up very high and fell below again. And this month, the crypto market is showing a good run where bitcoin could return to the $41k level while hopes of seeing the bitcoin price return to $42k are back. It may be a while before bitcoin reaches $42k and if that continues, there is a possibility that the altcoin market will experience a better move. Let's just wait.

Perhaps, to see that Bitcoin remains above the $40k level, we really feel the confidence that the market will surely recover shortly. The contribution of Bitcoin to the altcoins side helps to stay at a high level as well. We are not seeing altcoins in red for very long, it was just almost a month if I'm not wrong but now, as the price moves back on the uptrend momentum, altcoins are also showing the same trend.

Sometimes, we even see some of the altcoins keep on the green while the others are in the corrections. We're glad to see people had been strong enough to manage their investment and still hold despite the FUDs.

dansus021

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i mean most people or new investor will freak out with this current price and situation to be honest it happen to me Cheesy

war and etc and lot of people that talk about crypto winter that will happen for a year or more it will make people under pressure Cheesy

but if we see the big picture back 2 year ago we saw that crypto espescially btc or altcoin like axie is @ below the current price which mean we need to be happy atleast and keep accumulating

ethereumhunter

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The way to avoid pressure is to stay calm and not panic because it will trigger you to act quickly without thinking about the risks that will arise. Indeed, we need to act quickly but it must go according to what we planned or not go too far from our plans.

This year may be the year to start reinvesting after the market went up very high and fell below again. And this month, the crypto market is showing a good run where bitcoin could return to the $41k level while hopes of seeing the bitcoin price return to $42k are back. It may be a while before bitcoin reaches $42k and if that continues, there is a possibility that the altcoin market will experience a better move. Let's just wait.

kojektea

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Here we get financial freedom with a variety of altcoins.
The pressure on cryptocurrencies always occurs every year, but I feel proud because cryptocurrencies can always grow in the face of extreme global conditions.
From regulation to war, cryptocurrencies don't have much of a red impact, one could say they're stable so far.
This calm, makes me believe that cryptocurrency will be the future financial technology, and a solution for a country's economy, even the development of unique program concepts such as metaverse and NFT.

MFahad

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

2022 is not good for crypto. All top coina is far away from Ath. Some coins Like Slp,Ico are 5-10x down from Ath.
I am wondet that despite of bear market some coins are raising daily 59%+. Gmt,Jasmy,Ogn show some bullish momentum and pumped hard while top coins not increased 10%. Maybe after that we will see metaverse amd web 3.0 coins trend

joeperry

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Some people are taking their chances and tried to invest in cryptocurrency and we can't blame them that they are pressured on the movement and volatility of the cryptocurrency but as a trader we shouldn't let our emotions some traders tried to trade on a daily basis and wanted a quick money like gambling where in fact they should be investing in the coin and hold it if they are not a trader.

Fesatmas

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That's right, if we move in a hurry when we are under pressure, the chances of us being crushed are very high. In the world of cryptocurrencies, it is very hard not to know who, where and how when moving without vigilance, be prepared with very high risks. Indeed, I do not deny, that this year is a tough year for us, especially for me. It takes extra thought to be able to execute the market well.

Wiwo

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Quote from: shinratensei_ on March 18, 2022, 05:48:41 PM

People are always FOMOing the new token or coin that was pumped so high and then they are getting trapped and cut loss their money. They didn't aware if those tokens or coins can go down anytime. People didn't always under pressure at all but they are too greedy to get the profit from long or short the market. They are joining during the pump with the hope able to make some profit from the market.
It seems like a massive recovery will happen soon with altcoin and bitcoin. People must play smart at this moment to invest in low cap token or coin.
Newbies must be aware if the pump will not be last forever and it will be going down again.

Greed plays a major role in most losses, as you rightly said they jump into a project simply because there is a pump in the market price, their get carried away by their anticipated profits that they forget to do due diligence to see if the coin have a potential to maintain its status or the capacity to move to a higher price and the possibility of dropping below the price. All they do is just jump in at the wrong time and in the end, play the blame game on cryptocurrency volatility. This is why I emphasize the place of pressure in investment wrong calculation equals wrong investment and never get too greedy.

Saisher

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

There's pressure if you do not invest what you can afford to lose, I have assets downed by as high as 65% but I am not worrying because the platform is not yet launched and the developers are very active in the development, you will not get pressure to decide if you're going to sell or hold if you believe in the potential of the project you've invested, the keyword is potential and believe, you have these two and there's no pressure at all.

Shamm

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Quote from: batang_bitcoin on March 18, 2022, 05:17:10 PM

The newbies are likely the ones that are being under pressure. They're panicking when they see a slight movement in the market and when there's a massive drop.
Everyone have been through with that and based from our own experiences, there's really no need to put ourselves in pressure and in panic during any situation that we don't like. The best thing to do is to be an observant and just enjoy the run because everything will be fine as usual whenever the market has dropped a lot due to the circumstances like the war or pandemic.

all this things happening right now is just a temporary so we need to stay focus do not panic and like you said enjoy the rides of a market cause all of these will end up soon so nothing to worry about. let's hit it in the future but now all we can do is to observe and wait the right time.

Quote from: Anguwa on March 18, 2022, 05:29:13 PM

Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is this to say that we should maintain our Altcoins for the time being and not add any more? ,, since I was thinking of buying more, but I'm frightened of this year's crypto market fluctuation; sometimes the market appears to be returning to normal, only to turn red again after a week or so.

It's okay to maintain our altcoins or even add more of them cause this day will be our day to add our coins.

shinratensei_

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People are always FOMOing the new token or coin that was pumped so high and then they are getting trapped and cut loss their money. They didn't aware if those tokens or coins can go down anytime. People didn't always under pressure at all but they are too greedy to get the profit from long or short the market. They are joining during the pump with the hope able to make some profit from the market.
It seems like a massive recovery will happen soon with altcoin and bitcoin. People must play smart at this moment to invest in low cap token or coin.
Newbies must be aware if the pump will not be last forever and it will be going down again.

Anguwa

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Quote from: Wiwo on March 18, 2022, 02:03:04 PM

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is this to say that we should maintain our Altcoins for the time being and not add any more? ,, since I was thinking of buying more, but I'm frightened of this year's crypto market fluctuation; sometimes the market appears to be returning to normal, only to turn red again after a week or so.

batang_bitcoin

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The newbies are likely the ones that are being under pressure. They're panicking when they see a slight movement in the market and when there's a massive drop.
Everyone have been through with that and based from our own experiences, there's really no need to put ourselves in pressure and in panic during any situation that we don't like. The best thing to do is to be an observant and just enjoy the run because everything will be fine as usual whenever the market has dropped a lot due to the circumstances like the war or pandemic.

cryptomaniac_xxx

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Yeah, this advise is specially for newbie investors and traders, they don't need to rush things up and hurry up to join the market because it's going to be a ride this year.

Because even if we see the market somewhat bouncing back, still a long way to go before we reach another all time high. Heck, we might not see it again this year as we are in the bear market for all we know. So just take your time and take a breathe and make logical decision because this market is unforgiving.

Wiwo

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The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Topic: Don't Be Under Pressure To act (Altcoin) (Read 422 times)