How it everyone feeling during this altcoin crash? - page 8.

snapee11

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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.

Just staying positive all the way becaus panicking wont do us anything good. Our altcoins would really have a down but significantly it will also have a lot of
up moments, just make sure that we must be wise in dealing with all of our altcoins, on who we give up and who will going to hold still

wheelz1200

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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.

It's just a period of consolidation right now. This is typical post bitcoin halving. There is excitement leading up to it then it dies off. Prices contract amd then afterwards history has shown a big explosion in market prices. If I had to guess I'd think 2025 will be a good year but every cycle is different so who knows.

Sophokles

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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.

And my portfolio is negative 15% or more i think. Actually, we need to change our point of view about the market. If it goes down, then its an opportunity for someone who is here for the long run. Short term holders can be afraid for any potential dump but a long term holder will keep their nerves high and DCA along the way. Its like strategy and emotion control. Whoever can do it better will see a good profit at the end. This is what i think about the market right now.

Yatsan

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Normal thing especially if you've been with multiple altcoin tokens. Altcoins are known to generate bigger profit due to larger increase rate on their market prices, but same goes with its volatility with price decline. If you are with good altcoins then there's no need to worry that much because recovery will take place eventually. However, if you are just engaging with "hyped" tokens then you'll need to have large amount of patient to be able to wait for things to be in green marks. As long as there is a decent volume then there will always be a possibility for recovery that you should wait. There are also times cutting the loss would be an option but be sure to bare with the permanent loss on your portfolio.

Quote from: StephenJH on June 30, 2024, 03:41:38 AM

No concrete answer but the altcoin crash may be actual till the end of the current year. Maybe, in a few months some corrections on charts are possible but for the long term, small altcoins don't have a survival rate, in my opinion. BTW, the volatility of the altcoin market makes it possible to melt the whole portfolio in a few weeks and the market can fix itself in a few hours. That is why it is called the crypto roller coaster, better to hold until green takes control back in every sphere of the crypto world. Just my 2 cents.

I actually see it the opposite; market price could increasewithin months and could be "melted" within a day or few. This is why it is a must to have stop loss and market behavior plan. If you give importance to the money you engaged, make sure to have it on your full time and not only when you're up.

Taskford

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I'm currently fine during altcoin crash because I don't hold much any altcoin since what I usually do is to sell them when I earn especially those what I earn from airdrop or other activities that give token as rewards.

But for other people speculating about those top coins then I guess its that's opportunity for people to buy especially if they see ETH and SOL to have a price drop. What's important for me is to accumulate bitcoin since this is the most ideal coin that can give us better profit if we decide to hold for long time. I also think many people prioritize bitcoin since they don't need to worry about certain dumps to happen since there would be a recovery would happen to this coin.

But if other is really a risk taker then its up to them if they want to adapt on the risk then gamble with those altcoins they are targeting to acquire.

StephenJH

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No concrete answer but the altcoin crash may be actual till the end of the current year. Maybe, in a few months some corrections on charts are possible but for the long term, small altcoins don't have a survival rate, in my opinion. BTW, the volatility of the altcoin market makes it possible to melt the whole portfolio in a few weeks and the market can fix itself in a few hours. That is why it is called the crypto roller coaster, better to hold until green takes control back in every sphere of the crypto world. Just my 2 cents.

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 .

justdimin

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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

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