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Topic: How it everyone feeling during this altcoin crash? - page 7. (Read 2474 times)

member
Activity: 840
Merit: 30
My portfolio continues to fall close to Breakeven as I am now at +13% overall after another 12 hours of the market falling.

After weeks of bad news and months of the altcoins falling, are we expecting any good news at all that will help us recover slightly or is it all doom and gloom in the near future?
hero member
Activity: 3080
Merit: 603
@OP, by the time that you've posted this the market was crashing and now, we're still crashing. I wonder how much losses you're having right now. Well, we can never know when this crash will stop and the market seems to be favorable to those that have been waiting to the dip for them to start buying. My feeling right now isn't bad but it isn't that good as well. I'm neutral and conditioning my mind that we're still fine which is true if you'll be basing your point of reference since last year.  Wink

My portfolio is currently +29%. It is not too bad considering many will not be in profit currently so I am happy i am.

We just have to get through the next few weeks and then we will be back up on our way again towards new all time high.

As long as you don't sell now and just buy any dips you can then we will be fine.
You're right, as long as you're not selling at this point, that loss or small gain that you have will change positively. Many seem to be worried at the current rate of the market but just as you've said, everyone who don't sell and will be patiently wait for the recover will have to see the increase soon. And just as now, Bitcoin goes back to $58k although this isn't something to be celebrate as this is a normal move of it. But you get the point with that kind of recovery.
sr. member
Activity: 98
Merit: 55
R7 for Campaign management
I feel good honestly, guess why 🙃 cause I didn't bother buying any altcoin this year, my only investment was in bitcoin and I didn't even put a penny else where, right now I feel amazing, i think I good decision, although bitcoin is also falling in price, but it's still a better bet than any alternative coin around. Buy bitcoin bro and save yourself some heartbreak.
member
Activity: 840
Merit: 30
@OP, by the time that you've posted this the market was crashing and now, we're still crashing. I wonder how much losses you're having right now. Well, we can never know when this crash will stop and the market seems to be favorable to those that have been waiting to the dip for them to start buying. My feeling right now isn't bad but it isn't that good as well. I'm neutral and conditioning my mind that we're still fine which is true if you'll be basing your point of reference since last year.  Wink

My portfolio is currently +29%. It is not too bad considering many will not be in profit currently so I am happy i am.

We just have to get through the next few weeks and then we will be back up on our way again towards new all time high.

As long as you don't sell now and just buy any dips you can then we will be fine.
hero member
Activity: 3080
Merit: 603
@OP, by the time that you've posted this the market was crashing and now, we're still crashing. I wonder how much losses you're having right now. Well, we can never know when this crash will stop and the market seems to be favorable to those that have been waiting to the dip for them to start buying. My feeling right now isn't bad but it isn't that good as well. I'm neutral and conditioning my mind that we're still fine which is true if you'll be basing your point of reference since last year.  Wink
copper member
Activity: 56
Merit: 1
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?
It's a common behave of market going through up and down. Through this volatile situation you have need to make a plan where you need to take entry and exit. You said you were in profit so that you surely need to exit with your plan so that you will be on profit. However you said you still in profit make your plan hope you can exit with your time. However  It's true that it still season of uptrend so that we can become more patient to get a good chance and exit with profit.

A lot of people who invest in highs have negative PNL, and if you have bad money and risk management, it is mentally hard.
full member
Activity: 1292
Merit: 101
Vave.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?
It's a common behave of market going through up and down. Through this volatile situation you have need to make a plan where you need to take entry and exit. You said you were in profit so that you surely need to exit with your plan so that you will be on profit. However you said you still in profit make your plan hope you can exit with your time. However  It's true that it still season of uptrend so that we can become more patient to get a good chance and exit with profit.
sr. member
Activity: 1372
Merit: 264
As much as the Bitcoin market goes down, the amount of grief is felt. Altcoin always goes down ten times in the Bitcoin market, that is, 10 times the grief of Bitcoin is available in the case of Altcoin. I don't understand why the market is going down right now especially altcoins are dumping so much that it is very difficult for a normal investor to accept.

That's part of the market cycle and there are ups and downs, and you don't know when it will happen. When BTC starts going down, then it affects the value of altcoins. That is why you always need a backup plan in case the market crashes and a great plan would be having a stop-profit/stop-loss position and on these case you don't have to worry on what will happen to the market since you are ready.
member
Activity: 840
Merit: 30
As much as the Bitcoin market goes down, the amount of grief is felt. Altcoin always goes down ten times in the Bitcoin market, that is, 10 times the grief of Bitcoin is available in the case of Altcoin. I don't understand why the market is going down right now especially altcoins are dumping so much that it is very difficult for a normal investor to accept.

I am not stressed this is normal before the main part of the bull run i think we will have a few more months like this and then from September/ October we will will have a great few months like we did earlier in the year when we saw new all time high in March.
full member
Activity: 420
Merit: 130
As much as the Bitcoin market goes down, the amount of grief is felt. Altcoin always goes down ten times in the Bitcoin market, that is, 10 times the grief of Bitcoin is available in the case of Altcoin. I don't understand why the market is going down right now especially altcoins are dumping so much that it is very difficult for a normal investor to accept.
member
Activity: 840
Merit: 30
Kaspa still kinda stable tho Roll Eyes

I got into Kaspa at $0.02 but sold it all by $0.10.

I didn't have much but it was my first mistake when it comes to selling too early which is why I am holding my altcoins till the later part of this year when they are expected to do really well.

We just have to get through the next few months and then up we will go for many months.
jr. member
Activity: 109
Merit: 1
Kaspa still kinda stable tho Roll Eyes
member
Activity: 840
Merit: 30
Woke up this morning with yet another crash over night and my portfolio is now +32% overall - lowest it has been for many months.

I will hold strong for now and just buy more if it keeps crashing over the next 24 hours.

I see many saying this is market manipulation with the big boys trying to flush out the average person before the market really gets going in a few months.

If you are panicking right now just step away for a bit and buy more if you can at these discount prices. When the market turns round these altcoins will go up fast again. 
member
Activity: 840
Merit: 30
That's a reason why it's not good to hold altcoins for long cause they can fluctuate and crash so easily, it's more advisable to just engage inshort term holding and take profit and run.
Altcoins are normally short term investment unlike Bitcoin who can withstand both seasons without entirely loosing it's value to nothing. Anyone getting involved with Altcoins should be very careful and good at timing time of entry and when to dismiss from the holdings.

No risk no reward  Grin.

Not going to change my life with Bitcoin which is why i have gone down the altcoin route.

I only have a few I consider really risky , the rest I am holding are pretty strong in the current top 60.
newbie
Activity: 3
Merit: 0
That's a reason why it's not good to hold altcoins for long cause they can fluctuate and crash so easily, it's more advisable to just engage inshort term holding and take profit and run.
Altcoins are normally short term investment unlike Bitcoin who can withstand both seasons without entirely loosing it's value to nothing. Anyone getting involved with Altcoins should be very careful and good at timing time of entry and when to dismiss from the holdings.
member
Activity: 840
Merit: 30
That's a reason why it's not good to hold altcoins for long cause they can fluctuate and crash so easily, it's more advisable to just engage inshort term holding and take profit and run.

We all have different level of risk some are happy with a 5x return , some like myself want more like a 20x and with the bull run peak coming around the end of 2024 / early 2025 we still have a lot of room for these altcoins to grow particularly the strong ones so that is what I am holding for and expecting.
newbie
Activity: 3
Merit: 0
That's a reason why it's not good to hold altcoins for long cause they can fluctuate and crash so easily, it's more advisable to just engage inshort term holding and take profit and run.
member
Activity: 840
Merit: 30
This is not the time to panic, you have already bought so if it dips below your entry you can just buy more and average it if you have the funds. Alot of people are usually distracted with little dips and crashes, I would say stay focused and keep looking at the bigger picture.

Yes , I am just counting down the weeks to be honest until we get to September as that is when i believe the altcoins will start going up again.

I think for the next few months we will go up and down but nothing crazy just sideways mainly.
sr. member
Activity: 1274
Merit: 263
This is not the time to panic, you have already bought so if it dips below your entry you can just buy more and average it if you have the funds. Alot of people are usually distracted with little dips and crashes, I would say stay focused and keep looking at the bigger picture.
member
Activity: 840
Merit: 30
We are now into July and I am hoping we have seen the worst of the altcoins crashing for now but lets see.

I think it will be very up and down over the next few months and then from September we will start properly going up for a great end to the year.

My portfolio is currently +47% after a good few days for some of my altcoins.
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