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Topic: Don't punic, just hodl - page 28. (Read 9087 times)

legendary
Activity: 2086
Merit: 1058
January 23, 2022, 04:33:51 PM
#49
a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
I free totally with your title 'don't panic, just hodl'. Anyone who has been in cryptocurrencies world for a long time will not see this as a new advice or what he should be told, it is a basic knowledge for me. And as thing a going right now with the bear market I don't think anyone has any other choice than just to hodl. I believe this who are panicking are those who have invested what they can't afford to lose. When it comes to bear market the best thing is to hodl.
sr. member
Activity: 2016
Merit: 283
January 23, 2022, 12:00:26 PM
#48
This situation always happened indeed and probably we all knows how this things really work since from the beginning wherein before it continue making good progress there will always a correction after all. So we need to relax on this kind of situation and keep holding. Just ignore those who have negative views because they're the one who can make the market worse.. Think positive guys!
sr. member
Activity: 1610
Merit: 264
January 23, 2022, 11:43:16 AM
#47
~
Good thing I wasn't the only one noticing these stuffs all over again after those CheckShit project quite couple months back. Now I see these coins are being shilled a lot in this board though to be honest I had day traded ADA before, but maybe it is just bad right now? I never bought it since the day I quit.

For sure, buying Bitcoin right now is a good option although we had seen this price dip long time ago and people should have bought that day also.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
January 23, 2022, 10:22:36 AM
#46
The entire market got inflated last year by government money.  Anything that went up that fast was not going to stay up there forever.  It had to consolidate because there are people that weren't planning on staying in long-term.

People need to understand how the financial markets work. The financial markets will never give everyone free money. If market only went up (in one direction) wouldn't everyone be making a ton of money ? People's would not need to work 9 - 5 and they can just make money out of this market. These markets don't work like this.

Only the experienced are able to make money out of it while the majority of the traders or newbies investors will just get nothing or most probably lose their hard earned money.

Holding the crypto is also an art. If you invest your day to day money with which you run your kitchen, you will not be able to hold it for long. Only invest that money, which you do not need for next 2-4 years.
full member
Activity: 1258
Merit: 104
January 23, 2022, 04:23:17 AM
#45
for those who have been working on crypto for years, then they will not panic and assume that the market as it is today is a normal situation. The fall in the price of coins in the market earlier this year had certainly happened before so it was an opportunity to buy as many good coins as possible.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 23, 2022, 01:48:11 AM
#44
Of course this is the right time to hold because the market has gone down a lot there is nothing to panic about patience will have to wait patiently for the price to rise again. The market may go down further so it is better to wait until it goes a little deeper to hold cryptocurrency trading revolves around estimating the future price movement of digital coins. When you are trading bitcoin you are trying to guess whether the price of the currency will rise or fall in the open market.
in fact, there are other things that can be done besides holding, such as adding assets, or selling assets to wait for lower prices, before buying back. however, it all comes back to a person, whether they are able to face the risk or not.
Besides that, personally, I'm also currently holding onto the assets I own, and I don't even intend to sell until the price recovers. it looks like there is quite a lot of FUD at this point pushing the bitcoin price lower. well, we need some new information to push the bitcoin price higher.
sr. member
Activity: 2100
Merit: 309
January 23, 2022, 12:56:40 AM
#43
Have already loss more than 50% and better to hold than cut loss, although with cut loss we can get chance with lower price but I see loss much money and waiting or patience is the key for keeping hold right now. Maybe just my prediction bitcoin or altcoin back to higher price after Chinese new year and need one month later see bitcoin and altcoin reach good price, I want to open my account exchange but very sad looking with my fund dump drastically and need waiting again for opening one month later.
sr. member
Activity: 1414
Merit: 326
January 23, 2022, 12:31:50 AM
#42
Of course this is the right time to hold because the market has gone down a lot there is nothing to panic about patience will have to wait patiently for the price to rise again. The market may go down further so it is better to wait until it goes a little deeper to hold cryptocurrency trading revolves around estimating the future price movement of digital coins. When you are trading bitcoin you are trying to guess whether the price of the currency will rise or fall in the open market.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 23, 2022, 12:14:40 AM
#41
Wait, its not the correction based on my assumption, this is the beginning of bearish trend so if I am right then you should wait and buy when you hear that prices are going to zero but I can't vouch this strategy for the random shitcoins which hyped in the last run and fell 90% when the market falls.
full member
Activity: 686
Merit: 100
January 22, 2022, 08:19:18 PM
#40
Sometimes people are very easy to talk to to slow down in any situation and say don't be afraid or panic.
But basically we've panicked sell.
That's why holding is only capable of people who have great patience who are able to accept whatever risk they go through.
legendary
Activity: 2268
Merit: 1655
To the Moon
January 22, 2022, 06:20:36 PM
#39
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? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction?

To do this, just look at the chart of the capitalization of the cryptocurrency market in recent years. The cryptocurrency market cannot continuously grow and likewise it cannot constantly decline. Therefore, it is necessary to wait for the moment when the price for the seller will be too low, and for buyers it will become acceptable.
sr. member
Activity: 1638
Merit: 255
January 22, 2022, 06:08:51 PM
#38
Of course panic to see the market price very down dramatically nowday. Who doesn't panic?
But of course if we want to be patient and learn from the experience that has been about the fluctuating crypto market, this decline is not only this time. After some time ago the market went up, this is now dropping it. So don't let you or anyone sell at the current loss price. I also have some portfolios that are currently down as well. But I'm patient for the next market rise. Just holding.
hero member
Activity: 1344
Merit: 565
January 22, 2022, 03:39:24 AM
#37
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? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
No doubt that these are the best times to buy more if you have those spare cash or some stablecoins available. This is a natural pattern of the market since we don't expect a continuous upward trend throughout. when such correction happens, it brings another opportunity to reinvest from a lower price, and many investors that understand this will be buying more now but maybe advisable in portions just in case the market continues to dip some more.
full member
Activity: 854
Merit: 130
January 22, 2022, 03:37:03 AM
#36
Damn, the fall has been sharp. Who knows, if you invested what you can't afford to lose, it is normal to panic, but if you did things well and your crypto investments are just an extra, it is easier to get diamond hands.

So I would agree with the threads title, but if you need the money go ahead and panic sell (and learn the golden rule for the next time).
Well the entire market is down presently and many holders are getting tired of holding as the value of their assets is decreasing speedily, but again even if you invest what you can afford to lose it's not easy to lose at any investment.
The bitcoin market fall back significantly in the early days of this week and many have sold the Bitcoin just to catch lose but some others are still holding on being optimistic that the market will recover soon.
member
Activity: 405
Merit: 19
January 22, 2022, 02:48:37 AM
#35
The dips are just getting started and it will get to the point that even big whales will have no choice than to sell and wait to buy back at further dips, I'm glad I don't let greed consumed me in December 2021 that was the perfect time to convert your coins back to USDT and start looking forward to buy back at this dips
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
January 22, 2022, 02:20:55 AM
#34
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
This could be a backup fundamentals but of course its always the market decide whether those tokens or projects gonna be a blast. Yes those big guys invested on it however, thats probably their own gamble too. Unless they are so famous that every whale will follow their lead. Their not the only player on the scene so even a normal anon player can definitely liquidated them. Its a war on crypto and those who are good to make an army wins.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
January 22, 2022, 02:06:06 AM
#33
right now the market is bad, all coins are down, this is a great opportunity to buy coins to save, I am very sure the market will improve and the price of coins will rise drastically if this opportunity is not used then regrets will come in the future.
Yes indeed with conditions like this we can use it to buy some potential coins,
or we can also be patient and wait until market conditions really recover,
it all depends on each person's decision
most importantly do not make decisions from market panic. the market is not just cultivating a panic sell situation for now. but some people also sometimes panic-buy when they see discount prices. which frankly can provide a trap when the dump goes deeper.
sr. member
Activity: 2030
Merit: 269
January 22, 2022, 01:23:06 AM
#32
The entire crypto market is falling again today, but is this the first time?

Quote


Quote
Didn't it fall the same way in 2021 before the new ATH?
Every fall is different market has different reaction at specific time useless to compare

Quote
And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
This is the best time to be greedy and take this as another opportunity for future profit

Quote
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Because they have a team of good analyst and forecasters compared to us small investors who just go with the flow
full member
Activity: 1568
Merit: 100
COMBONetwork
January 22, 2022, 01:05:21 AM
#31
right now the market is bad, all coins are down, this is a great opportunity to buy coins to save, I am very sure the market will improve and the price of coins will rise drastically if this opportunity is not used then regrets will come in the future.
Yes indeed with conditions like this we can use it to buy some potential coins,
or we can also be patient and wait until market conditions really recover,
it all depends on each person's decision
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 22, 2022, 12:52:36 AM
#30
The entire market got inflated last year by government money.  Anything that went up that fast was not going to stay up there forever.  It had to consolidate because there are people that weren't planning on staying in long-term.
Government money is a vague terms to use, you dont have proof of the same either, so better not to mention this. But can say that many millionaires did put in their money into bitcoin with anecdotal evidence but we cannot certify that they were the ones who sold.

The point still remains that a dump is happening and continuing as we speak. 35k USD seems to be the next level to slow the dump. So buying should be done below that level. Currently there is a lot of panic selling happening and this is a common thing that happens after every dump and such bitcoin owners will never learn their lesson that they should not sell during a dump but only during a rise.

Whether buying shitcoins at this stage is profitable or not, I would say no. If you are looking for a quick flip, go for it but not for a long term.
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