Topic: Don't punic, just hodl - page 2. (Read 9055 times)
Don't think it is a good time to hold in crypto now ,Market is very bearish at the moment if BTC can break the 30-32k resistance zone then we are going back to the bear market which I hope not. Only if we break pass the resistance then I will hold my altcoins if not I'm going to sell much from what I have been holding to stay breakeven at least.
I believe this systems don,t panic and holding for your future & if anyone can hold long than he get good benefit and i have buy many alts coin and still now i holding my amount for profit in future.
Hodl is the best strategy in the crypto market. Buy the dip, forget your investment for a few years, and you will be amazed to see the gains. Panic selling is usually done by those who are new to the market. They wanted to cut down their losses. One thing is clear, in most cases, the market usually returns to previous levels after some correction.
HODL also has advantages and disadvantages.
Investors need to research the fundamentals of crypto assets, as well as their investment goals before deciding on an investment strategy to use.
Many investment strategies can be used, but the best strategy is the result of a long process. Investing is a continuous learning process.
Hodl is the best strategy in the crypto market. Buy the dip, forget your investment for a few years, and you will be amazed to see the gains. Panic selling is usually done by those who are new to the market. They wanted to cut down their losses. One thing is clear, in most cases, the market usually returns to previous levels after some correction.
Now, the bitcoin is going really well and it is near to $30k. The price is going really well. But the term named holding needs a lot of patience. In crypto it is very necessary for the traders to hold whether holding needs for the trader. This would be a better situation in all senses for the traders and their portfolio.
Hodl can be done by those who don't use money to buy their daily needs. I believe in the investment concept where we use our savings to invest and then HODL for the long term.
I have purchased SOL, ADA, CRO and Near. I have put more than 50% of my money on NEAR at $1.19 and I am confident in the development concept that NEAR is doing.
I have purchased SOL, ADA, CRO and Near. I have put more than 50% of my money on NEAR at $1.19 and I am confident in the development concept that NEAR is doing.
I would agreed on what you just said, that's why as the bull run approaches, let's take advantage of accumulating cryptos that we believe can provide us with good savings in the future, as long as apart from Bitcoin and others, research thoroughly first so that you don't waste the time and time you hold on Bitcoin or crypto.
And there is no reason to worry if it is something you fully trust. And don't worry and don't get carried away by the negative things you hear about your crypto holdings.
just hold and living normal life, try to forget crypto for while, this is your time and enjoy before party launch
some people just doing dca with bot or some exchange feature auto invest
some people just doing dca with bot or some exchange feature auto invest
The cryptocurrency market is going to jack back soon, just that every business has session, which is Bitcoin is on the Bear market, that is why other alt-coins has to respect Bitcoin price to dip in price, that is why many investor's that know the Bitcoin business is buying and hold for a certain period of time, before selling.
There's no room to panic, perhaps we should look up to what changed our mindset and bring us into profits and losses. Cryptocurrency is here to stay, we should not be ignorant of it rather we should embraced it with good motives. I'm not frightened by the hugh bear season that have lasted for a long period of time, in this occurrence, many projects specifically pointing to altcoins failed to make it out. Bitcoin remained the project ranking first in the market, however it had experienced its setbacks but despite all it still remained top and leading in the market.
The cryptocurrency market is going to jack back soon, just that every business has session, which is Bitcoin is on the Bear market, that is why other alt-coins has to respect Bitcoin price to dip in price, that is why many investor's that know the Bitcoin business is buying and hold for a certain period of time, before selling.
Massive swings in the market are not uncommon in the crypto space. Some may see the price drop as an opportunity to buy cryptocurrencies at a lower price. Financial markets can have different levels of risk and tolerance for everyone. Through your experience and observing the movement of the cryptocurrency market, you can face this volatility confidently and fearlessly. It is important not to invest too much money in cryptocurrencies that cannot be lost and to be prudent in risk assessment and management. Buying a cryptocurrency at a low price does not guarantee that the price will rise again. The cryptocurrency market is very fickle and depends on many factors, so trading should be based on careful research and specific analysis.
Hodl can be done by those who don't use money to buy their daily needs. I believe in the investment concept where we use our savings to invest and then HODL for the long term.
I have purchased SOL, ADA, CRO and Near. I have put more than 50% of my money on NEAR at $1.19 and I am confident in the development concept that NEAR is doing.
I have purchased SOL, ADA, CRO and Near. I have put more than 50% of my money on NEAR at $1.19 and I am confident in the development concept that NEAR is doing.
Panic is the type of person who will regret it, as we know that market cryptocurrencies like a roller coaster so that prices go up and drop are often unexpected, but as investors then make every moment to do the best for example when the Merket Drop then the best thing is to buy.
When there is a red market like now, it's been more than a year, so there's no best thing but to hold and buy more, the market will rise soon, don't be afraid because pressure like this is normal and if we panic and sell assets, other people will buy the one that will get more profit.
Quote from: haenko
The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH?
This is not the first time, and it will never be the last time investors will stop experiencing bearish market because whenever there is a bearish, it allow investors to go to the market to purchase potential coins that will give them joy in the future. Now that the bearish season is about to leave for the bullish to takeover the position, showed that many altcoins investors will not miss this opportunity that is about to happen to altcoins price. I think, potential investors in this community don't used to afraid with the market condition because they believed that those two things bearish and bullish must definitely occur in the market for investors to know what to do at the period.
Indeed, to be sure, crypto costs are at present encountering is bearish. There is possible that the cost will increment sooner rather than later. In any case, the frenzy will work out easily for merchants assuming they see the state of the resource diminishes. In any case, in the event that the resources we need to hold in the long haul, we don't have to panic.still The market has been bearish, however there's no reason for alarm as it's a standard here to have the worth lessen somewhat after the bull run.
We should use this hard times not for panic but for learning. The more we learn, the more we analyze everything (independently, not just follow the mainstream) the more successful we will be in the next bullrun.
If we already know Cryptocurrencies at least 3 years then immediately take action, namely buying, not to learn or analyze, the market is difficult to guess, and there is no analysis that ensures we profit, it's better to immediately buy and have a target time to sell with profit conditions.
We should use this hard times not for panic but for learning. The more we learn, the more we analyze everything (independently, not just follow the mainstream) the more successful we will be in the next bullrun.
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It's not a good time to invest in new projects or tokens right now because a lot of scam coins are being released, and it's also a waste of time to sort through all the coins being released and choose the legitimate ones, which is like finding a needle in a haystack. Just try to invest in the top 10 altcoins right now because they are definitely legit, but do your own research before buying them because we don't know what the roadmap and news are about them; This is basic investing, but you really need to know about that coin you are investing to.
but little do we know that the top 10 coins also have a high risk. because some years or every year the top 10 coins will shift places with all factors and sometimes the top 10 coins are taken over by some newer coins.
so that everything has its own risks and we can all do it with our own research to minimize these risks
holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin.
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical.
investing in alt coins while the bearish season is still going on has a very high risk and losing those funds is one of the risks.
but if investing in the right alt coins I don't think it will cause too much panic.
I will give an example of ETH (queen of bitcoin). i think ethereum is the king of alt coins always give good price in future and not too worried if invest there for long term.
anyway investing in a new project at this time seems to have a big risk
Additional risk if you will be going to invest with new project unlike with top caliber project who mostly follow bitcoin when the market starts to pump back.
You needed to work hard with your research since there are many factors that affects the market and without proper knowledge you
add risk with your investment.
Take time to continue doing your research and observe if how the market will move don't judge quickly as you may fall from those
whales who can create an artificial market movement.
holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin.
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them
If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical.
investing in alt coins while the bearish season is still going on has a very high risk and losing those funds is one of the risks.
but if investing in the right alt coins I don't think it will cause too much panic.
I will give an example of ETH (queen of bitcoin). i think ethereum is the king of alt coins always give good price in future and not too worried if invest there for long term.
anyway investing in a new project at this time seems to have a big risk
It's not a good time to invest in new projects or tokens right now because a lot of scam coins are being released, and it's also a waste of time to sort through all the coins being released and choose the legitimate ones, which is like finding a needle in a haystack. Just try to invest in the top 10 altcoins right now because they are definitely legit, but do your own research before buying them because we don't know what the roadmap and news are about them; This is basic investing, but you really need to know about that coin you are investing to.
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