How it everyone feeling during this altcoin crash? - page 10.

tygeade

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Quote from: dansus021 on June 28, 2024, 06:03:55 AM

How it everyone feeling during this altcoin crash? Of course everyone will feel bad at thr moment but for a person had lot of cash they might see altcoin crash for an opportunity to buy more.

Market is uncertain and hard to predict but it always like that. So some people sad some people dont and for me im in the sad side haha

Those are the people who are not only lucky to have some money, but also the people who know what they are doing as well. There are two types of people during that period, people who have the money but they do not know what they are doing so they sell instead of buying ,and there are also people wh odo not have the money so can't buy even if they want to. These type of people do not feel happy when the price goes down, rest of the people who can hold long or can even buy, the yare all happy with the situation. I believe that price flals are a chance and if you take that chance then you are going to end up with a good profit and you should try your very best to purchase more during that time instead of selling any.

Furious 7

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Quote from: Rengga Jati on June 28, 2024, 04:31:48 PM

Quote from: Furious 7 on June 28, 2024, 03:52:44 PM

When you are in altcoin then indeed things like this must be prepared because this is a form of consequence for your actions in altcoin.
It should be realized that altcoin is a condition where it is indeed very much more risky when compared to bitcoin because indeed the risk of increase and decrease is much greater so don't be too strange if in the end the portopolio you have in altcoin will experience a very large increase in a short time but on the other hand the decline will also be felt .

In fact, both Altcoins and Bitcoin are currently falling drastically. In essence, the crypto market is currently experiencing a fairly rapid decline. Even in the 7 days since, specifically Bitcoin actually dropped more than -5%. Likewise with altcoins because usually altcoins will also follow the development of the Bitcoin market (except for certain conditions, there are altcoins that really go against the flow).

It's just that the point is, if the altcoins are top coins and have good potential to survive and rise again, then it won't be so worrying. The problem is that if it is a new altcoin or an altcoin that is not good enough, that is usually what will cause high levels of anxiety. Because that's it, Bitcoin has the smallest risk. If you want altcoins, just choose the top altcoins, at least not more than the top 20. Or even if I focus on BNB and ETH, which have to be added again.

Indeed, it cannot be denied but when talking about the decline in the end we must be aware that when talking about altcoin prices in the end always follows the movement of bitcoin and indeed when in altcoin it must be prepared with a considerable increase and decrease because indeed the risk in altcoin is ultimately greater than bitcoin so that regardless of anything the price of bitcoin will affect and when bitcoin falls to the price of $ 60k then indeed this will have an impact on the price of altcoin which is increasingly plunging.

Regardless of altcoins that are considered top coins or indeed meme coins, it will still be the same in the end where those who are sure to get a big impact because of the decline in bitcoin occur so that when the OP feels that his portfolio is shrinking in terms of value when in altcoin then don't be too strange about it because in the end this is a form of risk that must be accepted.

Mr. Magkaisa

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- This time, altcoins crashed in the market, which is fine with me because this is an opportunity for me to buy altcoins that I am saving at a low price now while Bitcoin is in correction in the market today. Isn't that the way that the majority of the of the community works in this field of the crypto space?

And I also know that there are many others out there who are also doing this method of accumulating top altcoins right now, and I hope we don't waste the opportunity like this again and again.

terrific

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I do not like it when it crashes but we have to adopt it and if you are not yet content with how much is in your portfolio.
Just think of it as another round for you to have some more and purchase more while the prices are cheap.

shinratensei_

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Quote from: JamesDaniel90 on June 28, 2024, 04:21:29 AM

We are almost in July and I am just counting down the weeks till all-season which will hopefully come around September time so only a few more months.

The altcoin season probably will not be a thing in the future in my opinion, i've seen the trend of narratives diverging to each other, most of the meme coins and the EVM based coins are doing so well with the recovery but the modular blockchain coin are still under the weather.
feeling so unlucky investing in coin like TIA i thought it's gonna be the next ethereum turns out I was wrong Grin

.

good thing though, the meme coin recovery has covered the loss I have with the modular blockchain coin, though not all, but at least meme coin did me some good, still baffle me how meme coin always outperforms some altcoin with real working blockchain.

Scarlett_23

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The price of Bitcoin sometimes goes up and sometimes goes down. When the price of bitcoin increases, the price of alt coins also increases. When the price of bitcoin decreases, the price of alt coins also decreases. The price of Bitcoin in the market is fluctuating within a certain range. Recently its price has come down a bit more. Currently the price of Bitcoin is at 60k dollars. But on 23 June 2024, its price was 64k dollars. As long as Bitcoin is bullish i.e. its price does not go to 70 or 75 k dollars the price of altcoins will not increase. But it is completely temporary. Although no one can say it but hopefully it will bullish once again in the last months of the year. So I say be patient and wait.

Issa56

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Quote from: JamesDaniel90 on June 18, 2024, 07:17:13 AM

When will this crash stop?

I don’t think anyone knows when the crash will stop, if people know when it’s going to stop, then that’s when they are going to start investing, so as you don’t know when the crash is going to stop, then the best thing to do is that you should keep on holding, and if you are having more money, and you feel like investing, you can invest more, but make sure the altcoins which you are investing in are strong ones and not the weak ones, because some weak ones might die during the bear.

Quote from: JamesDaniel90 on June 18, 2024, 07:17:13 AM

and how is everyone feeling?

You don’t expect people to be happy, the only people that are always happy when theirs a dump are people that haven’t accumulated before and are just starting, but people that have been holding before are not always comfortable.

Rengga Jati

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Quote from: dansus021 on June 28, 2024, 06:03:55 AM

How it everyone feeling during this altcoin crash? Of course everyone will feel bad at thr moment but for a person had lot of cash they might see altcoin crash for an opportunity to buy more.

Market is uncertain and hard to predict but it always like that. So some people sad some people dont and for me im in the sad side haha

The sad part is:
because when altcoin prices really crashed, I didn't have much money to buy them.
That's the main problem sadly. If the problem of portfolio decline is normal, just wait for it to work and be patient waiting for the altcoin season. As long as you don't rush to sell it, it's safe. As long as they are altcoins that have potential, not bad luck. Cheesy

Quote from: Furious 7 on June 28, 2024, 03:52:44 PM

When you are in altcoin then indeed things like this must be prepared because this is a form of consequence for your actions in altcoin.
It should be realized that altcoin is a condition where it is indeed very much more risky when compared to bitcoin because indeed the risk of increase and decrease is much greater so don't be too strange if in the end the portopolio you have in altcoin will experience a very large increase in a short time but on the other hand the decline will also be felt .

In fact, both Altcoins and Bitcoin are currently falling drastically. In essence, the crypto market is currently experiencing a fairly rapid decline. Even in the 7 days since, specifically Bitcoin actually dropped more than -5%. Likewise with altcoins because usually altcoins will also follow the development of the Bitcoin market (except for certain conditions, there are altcoins that really go against the flow).

It's just that the point is, if the altcoins are top coins and have good potential to survive and rise again, then it won't be so worrying. The problem is that if it is a new altcoin or an altcoin that is not good enough, that is usually what will cause high levels of anxiety. Because that's it, Bitcoin has the smallest risk. If you want altcoins, just choose the top altcoins, at least not more than the top 20. Or even if I focus on BNB and ETH, which have to be added again.

Furious 7

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Quote from: JamesDaniel90 on June 18, 2024, 07:17:13 AM

My altcoin portfolio was +83% on the 9th June but is now +51% just 9 days later.

When you are in altcoin then indeed things like this must be prepared because this is a form of consequence for your actions in altcoin.
It should be realized that altcoin is a condition where it is indeed very much more risky when compared to bitcoin because indeed the risk of increase and decrease is much greater so don't be too strange if in the end the portopolio you have in altcoin will experience a very large increase in a short time but on the other hand the decline will also be felt .

Altcoin is still fully dependent on the increase in bitcoin even though it is not directly connected but when talking about prices, the increase and decrease in altcoin will still depend heavily on bitcoin so don't be too strange about the fluctuations that occur with the portopolio you have, especially for the problem of reduction because it is a risk that must be borne when in altcoin .

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Quote from: TastyChillySauce00 on June 27, 2024, 12:30:44 AM

Long-term users must be patient while they wait for the golden momentum to help their asset go up again, which will return their unrealized profit. Though it may take months or years, you trust that your tokens will rise. You're fine as long as you don't have any meme tokens in your portfolio, but it appears that you do.
I did the "Sell on May then Go Away" strategy, and I'm all good today, but I made a big profit after buying when bitcoin fell below $59k. It appears that you should create a message to remind yourself that you can sell in May and then walk away until the end of the year. Cheesy

That's the hardest thing for many people. When we are talking about something like bitcoin, or even ethereum, then it is easy for people to wait for years and even in that situation a lot of people have trouble and sell as soon as they see a drop. But when we are talking about a token, anything that is low, like not even in top 50, then when they see a drop they know that it may even crash to zero, we have seen a lot of examples for that.

This is why I think it is quite clear that we are going to have some trouble if we are not careful. This is why a lot of people sell very quickly when they are holding a small cap project and the price starts to show some signs of dropping. The solution is to invest into things you can trust to hold for long time.

dansus021

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How it everyone feeling during this altcoin crash? Of course everyone will feel bad at thr moment but for a person had lot of cash they might see altcoin crash for an opportunity to buy more.

Market is uncertain and hard to predict but it always like that. So some people sad some people dont and for me im in the sad side haha

JamesDaniel90

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Current update - my portfolio is +45% right now and to be honest I am happy overall considering we have had a bad 6 weeks or so for altcoins.

Once the market starts going up again it shouldn't take long for me to be close to +100% again.

We are almost in July and I am just counting down the weeks till all-season which will hopefully come around September time so only a few more months.

bitgolden

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Feeling upset about this isn't that wrong, you could feel upset as much as you want, as long as you do not react to it. I feel happy, why? Because alts are cheaper than they should be, and that is a good thing, we should definitely end up doing something much better if we invest right now, that is my thought of course and not really considering it as something that would be too wild. This is just my idea and if I invest when it is down then I am going to make a good income from it as well.

This way, when they go down, you buy it at a lower price than it was, and then when the price recovers you end up selling it at a higher price, keep doing that a few times a year and you get yourself a good profit which is above the market return.

TastyChillySauce00

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Quote from: JamesDaniel90 on June 24, 2024, 05:16:27 PM

Quote from: Rasa nanas on June 24, 2024, 04:04:20 PM

What altcoin did you buy so that you got that big profit? The profits you get are very large because the price of Bitcoin and most altcoins is currently stable. You said the alt season will come in a few months but this is still uncertain, especially as currently the halving does not have a big effect on the price of bitcoin. maybe you should sell it because you have made huge profits and invest in potential altcoins like ETH and BNB.

I am not selling my altcoins I am just going to hold the ones I have currently and buy a little bit every now and then during this dip but I don’t have much spare cash at the moment so I am mainly holding waiting for the next leg up which will hopefully come soon.

Long-term users must be patient while they wait for the golden momentum to help their asset go up again, which will return their unrealized profit. Though it may take months or years, you trust that your tokens will rise. You're fine as long as you don't have any meme tokens in your portfolio, but it appears that you do.
I did the "Sell on May then Go Away" strategy, and I'm all good today, but I made a big profit after buying when bitcoin fell below $59k. It appears that you should create a message to remind yourself that you can sell in May and then walk away until the end of the year. Cheesy

Sebas.tian

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That is an evidence of bearish season OP, because once the bearish season is happening in the market, holders will begin to experience reduction of their coins in their wallet but you don't need to be panic, because it will definitely increase high when bullish season appear. I think, the altcoins bullish season is very close for long term holders and short term holders to experience from the market, because whenever the price of altcoins is decreasing in the market show that it will increase high to reach a new ATH in the next month. If you are holding a potential altcoins, don't allow anything to discourage you to trade in this bearish season, because there is a massive bullish season ahead for those that will continue holding their altcoins.

taufik123

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Hopefully 83% of your portfolio is the top altcoins that have good development, always updated, and the rise will come soon when the price of Bitcoin also recovers.
You don't have to worry if it's the best, just wait and if you have spare money, buy it again at a cheaper price.

But I hope you have BTC and ETH, because BTC is the main portfolio and ETH is the second choice. Some of the top altcoins are also pretty good, like SOL and BNB.
The collapse will definitely stop and become a bull market, just be patient and don't panic. This is common in crypto and the market will continue.

dunfida

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Quote from: JamesDaniel90 on June 18, 2024, 07:17:13 AM

My altcoin portfolio was +83% on the 9th June but is now +51% just 9 days later.

I am buying some dips but mainly just holding during these times and hoping we recover in the coming weeks.

When will this crash stop? and how is everyone feeling?

I have it in my mind we still have a few more months till alt season so I am just holding on for now.

On the moment that you would really be seeing your portfolio is dropping then it would really be that so damn hard to make yourself that not able to have those kind of reactions or making yourself that stone cold.
If you are someone whose really that dealing up with this market on a couple of years or long time then these movements wont really be that shocking anymore. For those who are just starting up then it would be
normal that there would really be that freaking out or having that kind of worrying inside on the moment that they will really be seeing some crash on which i could say that it would really be just that normal.
Holding up your position would really be just that entirely depending on you because if you do have trust about on the coins or project on you've been holding then you would stood your ground and wont really be
trying to take profits.

The hard thing on these moments is that on the time that you have seen your port on 0% or negative profits on which it would really be making already that kind of hesitation
and you might be ending up on cutting your losses on the moment that it would happen. This is why it would really be that situational on this part if we do speak
about these probabilities.

JamesDaniel90

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Much better day for my altcoin portfolio today +6% in the last 24 hours.

Hopefully we have seen the bottom of this crash we have experienced in the last month or so.

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Quote from: cute nmp on June 25, 2024, 12:07:38 AM

Well it's devastating for one to take a look at his portfolio right now .Most of the altcoins have lost so much value just hoping the bearish move will end soon

Meanwhile altcoins are showing bullishness in a podcast right now, crypto by highlighting meme coins is having a negative impact on the market it seems like memecoins and the emergence of fomc are contributing to this volatility, by withdrawing projects actually delaying the expected rise of altcoins just hoping the bearish movement will end soon by showing the outlook carefully wait for stronger market signals.

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Quote from: cute nmp on June 25, 2024, 12:07:38 AM

Well it's devastating for one to take a look at his portfolio right now .Most of the altcoins have lost so much value just hoping the bearish move will end soon

The bearish market is an important part of the market where investors seize every opportunity to accumulate more Altcoins into their portfolio. A good Altcoin having lost so much value will definitely retain its value when the bull run begins and even go higher than expected.

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