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Topic: Don't punic, just hodl - page 3. (Read 9055 times)

hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 30, 2022, 06:56:28 AM
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

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.
talking about investing in altcoins is not as easy as we imagine, it's different from investing in bitcoin. that's right.
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
sr. member
Activity: 832
Merit: 286
Next Generation Web3 Casino
October 24, 2022, 07:59:36 PM
It's true that when we panic, it will actually make us unable to think clearly and ultimately make the wrong decision.
in a bear market we have to stay calm and control ourselves,
take advantage of these conditions to buy and I think it's the right time
We should have emotional control during bear market and avoid reading news on invalid sources as it will distract you from your long term investment focus, I think if you hold the top of the coin and it is better to leave the market activity for a while because the movement chart will demoralize the plan long term investment.
sr. member
Activity: 1890
Merit: 252
The OGz Club
October 24, 2022, 12:25:09 PM
Many people who panic during a bearish market at the people who lost their money today so I believe that panicking do mislead some people and also met some people to feel that it is the best time for them to sell out their project or they're coming they are holding holding have advantages because when it enters a bullish market there is every thing that show that the coin will make a good result of profit so that is a necessary thing why some people is holding a coin for long time
It's true that when we panic, it will actually make us unable to think clearly and ultimately make the wrong decision.
in a bear market we have to stay calm and control ourselves,
take advantage of these conditions to buy and I think it's the right time
member
Activity: 756
Merit: 16
BIB Exchange
October 24, 2022, 01:31:44 AM
You used the correct words There is no way to fail at trading losses depress some traders, traders who aren't happy can't make money Traders who do well rarely lose money concerned you can make money by trading coins Hodl isn't for all cryptocurrency investors or all cryptocurrencies pros have a hard time trading in the short term Investors choices are affected by biases the investor sentiment cycle shows how the performance of an investor's portfolio affects how they feel when the price of a stock or cryptocurrency is low investors might feel fear anger or panic which could make them want to sell when the price of a stock or cryptocurrency is high investors often buy when it is not the best time to do so.
legendary
Activity: 2982
Merit: 1028
October 24, 2022, 01:14:52 AM
If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills.

Stop losses aren't that complicated to understand, it just means this is a price you want to sell if the market reached a certain level so it isn't that risky as it helps you prevent loses if you're not the active trader. Stop losses can help you when there's a crash in the market as it kicks you out of your position. The only issue is whale have used this to their advantage as they trigger many stop losses into action that pushes down the price and they buy them up in anticipation of a rise in price in the future, which they are also the brian behind those rise.
In the bear market, as an investors you best shot is to keep holding. You should only sell if the market is just about entering or just few price drop into the bear market. Selling when we're almost near the bottom is the worst to to even do Next after buying/believing in XRP.

Good point, it isn't hard to understand it is the market movement that is really hard to follow,

By looking in each situation and every market flow, stop-loss might help you to avoid losing a lot and give you opportunities
to short the market and a possible earn out from it, if you know and understand what you are doing during your trade sessions.

Taking time to research and study will give you a much better overview of the potential market trend.
jr. member
Activity: 32
Merit: 1
October 23, 2022, 09:22:04 AM
hodl but for how long? I don't think we will be on a bull market for a couple of more years
member
Activity: 1638
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🪙 🪙 🪙 🪙
October 23, 2022, 09:13:23 AM
I agree with your words because if those who are in this crypto market panic, then they will never be able to survive in this market. If you have bought any coin, then hold. You will benefit, so I would like to say to all those who are Crypto long-term holders, they must hold without panic, good things are waiting for you in the future.
newbie
Activity: 97
Merit: 0
October 23, 2022, 08:00:29 AM
It's actually very difficult for one to avoid panic when everything seems to be coming up to shambles. Most times it's better to set a stop loss and agree within yourself of the level of risk you're willing to take on the trade. Selling out of panic often times is selling at a huge loss and that's not a good trading strategy.
hero member
Activity: 616
Merit: 749
October 23, 2022, 07:52:33 AM
If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills.

Stop losses aren't that complicated to understand, it just means this is a price you want to sell if the market reached a certain level so it isn't that risky as it helps you prevent loses if you're not the active trader. Stop losses can help you when there's a crash in the market as it kicks you out of your position. The only issue is whale have used this to their advantage as they trigger many stop losses into action that pushes down the price and they buy them up in anticipation of a rise in price in the future, which they are also the brian behind those rise.
In the bear market, as an investors you best shot is to keep holding. You should only sell if the market is just about entering or just few price drop into the bear market. Selling when we're almost near the bottom is the worst to to even do Next after buying/believing in XRP.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
October 23, 2022, 02:00:19 AM
I am the first to admit that I have considered selling some of my long term crypto investments. Right now I am seriously feeling the effects of the inflation at the pump and certainly when I buy groceries.
I believe in the blockchain, I believe in Bitcoin and I feel that the technology adds tremendous value to millions of people around the globe. These days I don't even look at my wallet because I believe this crash will pass and when it does I will be thanking my lucky stars I didn't sell cheap. 
On the other hand, I’ve always believed in BTC for the long term and always said there was going to be volatility on our way to 100k. My motto is HODL because I am a true believer.
jr. member
Activity: 350
Merit: 1
October 14, 2022, 02:43:47 PM
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.

Most crypto are not even gonna survive the bear market.
Only a few of them are gonna scale through.
And just imagine holding token of such projects it's actually great to first inspect if a project is gonna survive before you decide if you're gonna hodl or not.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 14, 2022, 04:37:14 AM
Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.
It is also worth mentioning that you should not immediately buy for the entire deposit that you have. Days like today may happen in the future, and the price may fall, the bear market has not yet reached its end. Therefore, split your deposit so that you can buy each time the price continues to fall. Even in this case, after a long flat movement, a drawdown began, you need to monitor the market and look for favorable moments for buying. In the future, these investments will bring good returns.

It's one of the skills of a good trader is to know how to play with the current market, not just to invest all in or big portions
of your entire investment but to stay calm and continue observing the condition.

Remember that volatility will always be the big factor here. The more you understand the risk, the better the chance you may
able to find the right position.

Don't panic but also keep yourself updated with how the market will move, recovering stage is possible to happen but the time
frame is something that investors/traders need to work out.
legendary
Activity: 2100
Merit: 1340
October 13, 2022, 02:35:30 PM
Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.
It is also worth mentioning that you should not immediately buy for the entire deposit that you have. Days like today may happen in the future, and the price may fall, the bear market has not yet reached its end. Therefore, split your deposit so that you can buy each time the price continues to fall. Even in this case, after a long flat movement, a drawdown began, you need to monitor the market and look for favorable moments for buying. In the future, these investments will bring good returns.
sr. member
Activity: 1148
Merit: 346
October 13, 2022, 11:39:40 AM
True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
HODL was the best option, now yield farming and staking are the best options. Better still is liquid staking, like on MATIC and ICP, which allows you to yield farm with your staked coins so you can earn double the APY.
Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.
member
Activity: 728
Merit: 48
October 13, 2022, 11:22:03 AM
True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
I agree with you that in a market situation in a bearish trend, one of the best strategies to avoid losses is Hold because if we panic and cannot manage our emotions, we will get losses that are difficult to avoid. So Hold bitcoin, ETH and BNB is great in the future. Moreover, if later bitcoin can set a new ATH record, I believe ETH and BNB will also experience a very significant price increase.
jr. member
Activity: 840
Merit: 6
October 11, 2022, 12:33:38 PM
True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
HODL was the best option, now yield farming and staking are the best options. Better still is liquid staking, like on MATIC and ICP, which allows you to yield farm with your staked coins so you can earn double the APY.
member
Activity: 1232
Merit: 12
October 10, 2022, 03:21:48 AM
The size of the long term of course is different, some say that the long term is more than 3 years, but I think the long term in cryptocurrencies is a year, because many things can change significantly in a year, and I agree that holding for the long term is a good solution. better than panicking and choosing a cut loss.
legendary
Activity: 2982
Merit: 1028
October 10, 2022, 03:02:31 AM

A good advice, why I prefer long -term hold because we can get a large profit for big profits and certainly not panic when seeing prices down, of course coins or projects that already have a strong reputation in the market that we worthy of long -term hold.

Long-term using established projects has a higher chance of success compared with those new projects.

Yeah if you are lucky you can earn a lot using new coin but the risk if you failed to join during the low and make it when peak is
already achieved. The chance of losing your investment is really something is that hard to accept unless you are a rider and you
can quickly move along and move forward to your next target.
legendary
Activity: 2982
Merit: 1028
October 09, 2022, 05:11:24 AM
Its time to hold the token there is up and down in the market so dont punic only hold yours asset and keep Patience the market pump soon.Because the situation of the cryptomarket changes every minute.

The key to success and profit is hold, or an easy thing is that we sell with profit prices for example 10%, I used to trade in binance and choose coins that have good potential for profit, then I sell by adding margin or profit at least 10%, when Drops occurred so I did not panic and let the price position.

You can do that and you have a better view of how the market works. Then it's good to continue positioning yourself.

But if you are not that expert of you don't have deeper knowledge about that kind of trade better to think twice,
It a general viewpoint that before dealing with something, you need to have knowledge to avoid making mistake
that will cause you losing your hard earn money.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
October 07, 2022, 01:06:21 AM
Well, I appreciate your positivism. Which is one thing we needed for this kind of season. Yes, the cycle will recur. It happened in 2018 too. The crypto world has faced so many obstacles in recent years and has proven robust until now. However, we have to be considerate at this time because the obstacles we faced yesterday are heavier than before. The resurgence after the pandemic, the FED interest rate was the highest level since the economic crisis in 2008 SOURCE, the war, the energy crisis, and many more. If not too much, I can say 2023 will be the dark age of finance worldwide. We need to be extra careful. Be wise, and keep safe.
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