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Topic: How it everyone feeling during this altcoin crash? - page 2. (Read 2474 times)

member
Activity: 840
Merit: 30
Another week gone since my last post on this thread and my portfolio is almost back down to break even again currently it’s at +3%. 

I am currently on holiday and hardly thought about crypto which has been nice distraction but just checked and see we are currently going through a bit of a dip, is this the start of the crash down to $50k again??

At least we are only 2 weeks away from October now so whatever happens I am just holding knowing that things will likely be a lot better once October arrives.
full member
Activity: 2520
Merit: 204
OrangeFren.com
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.
altcoin will always fall  in the manner how the market act  . and when this will stop ? then this is the question no one will ever answer correctly .
am sure what the market is showing now is what the moment investors are looking  .

I am surprised to see we have actually had a better few days over the weekend and my portfolio is back to +5%.

I am not buying anything at the moment as i am still expecting one more drop down to $50k in the next week or two and when that happens that is when i will buy more.

I am just counting down each day now and once September is done we can hopefully have a great end to 2024.
don't just trust what you are seeing but what will happen in the long run .
member
Activity: 840
Merit: 30
I am surprised to see we have actually had a better few days over the weekend and my portfolio is back to +5%.

I am not buying anything at the moment as i am still expecting one more drop down to $50k in the next week or two and when that happens that is when i will buy more.

I am just counting down each day now and once September is done we can hopefully have a great end to 2024.
full member
Activity: 798
Merit: 100
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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.

In my opinion, the increase and decrease in prices that occur is a normal condition that occurs in the exchange market. because cryptocurrencies have quite high fluctuations so that rising and falling asset values ​​are very normal for traders who have a good mentality. and never panic when faced with conditions that occur in the market. because mentality is very necessary for every crypto trader.
member
Activity: 840
Merit: 30
Another 5 days since my last post and we are almost 1 week into September and the markets are falling currently.

No stress from me just yet, I expect us to go down to around $47k so I’m currently just holding and will start buying more once we fall below $51K to lock in some bargain prices.

My portfolio is currently -3% which is not too bad , I think I was down to -12% in the last crash a month ago but I am expecting to fall that low again and likely lower in the next few days to a week if Bitcoin continues this downtrend.

I am just counting down the days though, I am going to stick to my feeling that September is likely going to be a pretty bad month but once October comes we can hopefully enjoy the rest of 2024 and I have seen in the past how quickly our losses recover once Bitcoin starts pumping so that’s all I’m waiting for.
copper member
Activity: 56
Merit: 1

Let alone panic selling. but it also has to be done to save assets and be able to start again if the price continues to fall. just choose according to your instincts which way you want to go, no need to follow other people's advice if the situation is urgent, market movements are indeed unpredictable, everything can change suddenly

Therefore if you have altcoin then it is important for you to take early precautions to save your assets. Altcoin is very broad and if we talk about altcoins other than ETH or BNB I think you should sell your assets if you feel the price will continue to fall. You can keep it in stablecoins for a while. That's what I have done when I saw the price of altcoins falling. Altcoins are not the same as Bitcoin. There are thousands of altcoins and if you choose the wrong one, then you will lose your assets if after the price drops the altcoin does not rebound.

What about SOL?
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market

Let alone panic selling. but it also has to be done to save assets and be able to start again if the price continues to fall. just choose according to your instincts which way you want to go, no need to follow other people's advice if the situation is urgent, market movements are indeed unpredictable, everything can change suddenly

Therefore if you have altcoin then it is important for you to take early precautions to save your assets. Altcoin is very broad and if we talk about altcoins other than ETH or BNB I think you should sell your assets if you feel the price will continue to fall. You can keep it in stablecoins for a while. That's what I have done when I saw the price of altcoins falling. Altcoins are not the same as Bitcoin. There are thousands of altcoins and if you choose the wrong one, then you will lose your assets if after the price drops the altcoin does not rebound.
sr. member
Activity: 1372
Merit: 251
PredX - AI-Powered Prediction Market
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.

Seeing the current situation, I don't think the market will fall or stop, seeing the altcoin market side which is so broad, it is excessive speculation, nothing can lead there, even though the market is down in the altcoin market, but the market recovery is continuing.

We don't know how the future will go, although sometimes when we look at the current situation it doesn't seem to be heading there, but anything can happen to the crypto market suddenly. Therefore, the most important thing is that we should not panic when we see a market situation that is sometimes not profitable for us.
Let alone panic selling. but it also has to be done to save assets and be able to start again if the price continues to fall. just choose according to your instincts which way you want to go, no need to follow other people's advice if the situation is urgent, market movements are indeed unpredictable, everything can change suddenly
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.

Seeing the current situation, I don't think the market will fall or stop, seeing the altcoin market side which is so broad, it is excessive speculation, nothing can lead there, even though the market is down in the altcoin market, but the market recovery is continuing.

We don't know how the future will go, although sometimes when we look at the current situation it doesn't seem to be heading there, but anything can happen to the crypto market suddenly. Therefore, the most important thing is that we should not panic when we see a market situation that is sometimes not profitable for us.
member
Activity: 840
Merit: 30
Almost another week since my last post and we are now in September.

I have felt very bored with crypto lately, it’s been a long 6 months since we saw the all time high in March but I believe we are now only 4 or 5 weeks away now from the start of a good end to 2024.

It feels like September is a month where most believe it will be red but have seen a few lately give their opinion on why it might not be that bad. Either way I am just counting down the days now till October as that is when I believe the next part of the bull run will begin and hopefully we see new all time high for Bitcoin in November or December.
copper member
Activity: 168
Merit: 4
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.

Seeing the current situation, I don't think the market will fall or stop, seeing the altcoin market side which is so broad, it is excessive speculation, nothing can lead there, even though the market is down in the altcoin market, but the market recovery is continuing.

It's still up for debate, we shall see the picture clearly in September-October, that's what I believe in, at least.
member
Activity: 280
Merit: 22
WOITOKEN Play to Earn NFT Game
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.

Seeing the current situation, I don't think the market will fall or stop, seeing the altcoin market side which is so broad, it is excessive speculation, nothing can lead there, even though the market is down in the altcoin market, but the market recovery is continuing.
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.

I also often get my portfolio into the red because I buy at a high price. From my experience I realize it is important for us to be able to read the market situation faster. I trust the political and market situation more than trying to predict by reading the chart. A difficult market situation will usually make some big investors come in, and some FOMO people will be afraid of the price increase so they immediately buy it. This is what happened to me a few years ago when I FOMOed with some new coins and I still have to hold them until now because the portfolio is still red.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
When will this crash stop? and how is everyone feeling?
No one can predict how long the market fall will stop. In fact, no one so far has been able to accurately predict market conditions. Regarding feelings due to falling prices, of course you definitely feel disappointed and sad, especially for me personally, I experienced disappointment when I saw market conditions that experienced a fall in altcoin prices, especially since I bought when prices were high several months ago and currently my portfolio is experiencing a drastic decline.
copper member
Activity: 56
Merit: 1
Something that often happens every year when the halving occurs, the decline in altcoins is very shocking for beginners who already hold altcoins. This decline has an unusual impact when the price of Bitcoin has reached its highest peak then all altcoins rise. Obviously, I myself see this as if there is something that will happen next after this downturn ends. let's wait and see what surprises altcoins will give if the bullish period begins.

The green moon is upon us, in my opinion Grin And its surprises as you said, too.
member
Activity: 840
Merit: 30
Another 4 days since my last post and September is almost with us - I’m not saying September will be fantastic but will be good to see the back of August and a fresh new month- I still believe it won’t be till October when the markets turn around properly but we are getting closer only 5 weeks now.

My portfolio was almost back to +20% a few days ago but we have seen another dip in the last 24 hours and I am now back down to +13% again but like I said before I am happy with that, happy staying around break even till we start pumping again which is hopefully only 3-5 weeks away now

I find myself not looking at my portfolio as much lately which is good as it can be a lot at times, I have set price alerts and only really check if any of them go off.
sr. member
Activity: 1274
Merit: 250
PredX - AI-Powered Prediction Market
Something that often happens every year when the halving occurs, the decline in altcoins is very shocking for beginners who already hold altcoins. This decline has an unusual impact when the price of Bitcoin has reached its highest peak then all altcoins rise. Obviously, I myself see this as if there is something that will happen next after this downturn ends. let's wait and see what surprises altcoins will give if the bullish period begins.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
It is normal for altcoin prices to go up and down, and it is normal to see a portfolio go into negative or positive territory. However, when someone already has a portfolio, they must be fully prepared for anything that could happen. However, when the price goes down, each person will have different feelings, some may panic, some may be sad, or some may be happy and see the current situation as an opportunity to increase their portfolio. Personally, I have not thought too much about the price movements that occur in my current assets. I only focus on collecting assets that I can have, so that when the altcoin season occurs, I will not be left behind, and have enough assets.
member
Activity: 840
Merit: 30
Another 3 days gone since my last post which means we are now 3 days closer till we start pumping  Grin

Good to see my portfolio at +10% again its been a while , hopefully we can keep pushing next few days but I do think another crash will come sometime in the next 2 or 3 weeks so I’m not too hopeful.

End of September / early October is when I think we will start pumping again so hopefully we just have another 4 weeks of this sideways boring action and we can start heading towards new all time highs again.
copper member
Activity: 56
Merit: 1
We have had a small dip in the last 12 hours or so but nothing compared to what we saw 7 days ago.

I am just counting down the weeks, we are another week closer to the good times coming back again like we saw in the first few months of 2024.

I am currently +7% overall and I am OK with that as I know we will all be a lot better off in the next 3-6 months if we just continue holding what we have and wait for the market to turn bullish again.

Alas, holding sometimes is pretty hard, but it should be done. Stay strong!  Cheesy

Staying strong is easier if holders have other source of income, hunger attacked a friend of mine, she was struggling and her job isn't paying well until they stopped her from the job, this made her to sold off some of her coins.

I told her she will regret by October of this year and she said she will slowly get the coins back, now that she is jobless I wonder how she will be able to get the coins back before it's too late, so always make sure something or someone is paying you for your service in returned.

Holding will be a lot harder if you don't have a source of income.

Yep, the main source of income is definitely needed, I agree!
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