Topic: OMG crypto is low ! what do i do ? - page 2. (Read 785 times)

The fact that cryptocurrencies are falling in price is something normal in every speculative market, sometimes there is a bearish style trend as well as bullish ones, they can also often obey emotions, such as panic, it is obvious that a fundamental without a doubt some is war, and this causes panic, which means that the market in general can go down, and if the BTC goes down in price this means that the altcoins will too, so if you couldn't take usdt or some stablecoin on time and you see that the amount in fiat is getting lower, my advice is to stay somewhat calm and you can wait as long as necessary until the market recovers, so you will not lose.

Well, I think...you need to calm down and don't bother yourself to check the market always as this makes no good for you but instead, this makes you too emotional.

1.You build dapps - it only fails
2.You create nfts - people are not expecting this to survive, it only wastes our time making
3.You start selling something - just do it in case you are in need of money
4.You create tokens - not a solution to the problem but this only helps to dump more.

We don't be too sensitive to the market changes as whether we like it or not, this will come.

Or you can just invest. Free from problems of development and worries imo, unless you want to start up a business centered in crypto, I'd honestly avoid doing those kinds of stuff. Maybe NFT stuff as a personal hobby, like you're an artist, or an aspiring one and want to sell yours, then feel free, but if you were to join in the hype, I'd honestly say stop, you're more likely to lose money. Well doing investment stuff or starting up a business doesn't need to happen only when crypto is low, you can honestly do it anytime. Just make sure it's something people would actually be willing to invest in.

Wait for bear market to do all these useless thing? If Gas fee is your concern, then you can do the exact same thing on some other network. In fact building dapps, creating nfts and those things you have mentioned on other network will give you more support from the network community. Ethereum already has all bunch of those projects you mentioned. Almost all of them are shit. Most of them dies. Try something new. And who would want to invest on some new random tokens during a bear market?

It is true that when the market is going down it is cheaper to exercise your creativity, and not only that, during a drop in the market a lot of coins disappear as well, opening opportunities to those new coins by opening spaces that were not available before, however even then this is a risky strategy that should only be used by the developers that actually have a new idea and they have the dedication to make their vision a reality, something that is becoming incredibly rare these days.

Would be much worth on utilizing your skills for that kind of benefit rather than on focusing on a market which is somewhat that saturated but if you do tend to look at on his
profile signature then it do shows Web development,Web Design,Programming & Graphic Design services So it would really be that normal for him to have
those kind of options since he does have that knowledge and skills which it would really be depending entirely on him.

Exactly. It is not rocket science and can be applied in many aspects of life.

Man, sorry but your response is just messy. I am having a head ache making sense whatever it is you are talking about. I'm just going to assume, that what you are saying is that experienced traders that have experienced bearish times are the only ones who might earn in such scenarios. Which is something I can agree to as well but not all the time though since even newbies and intermediate traders are also making profits by being well disciplined and staying on spot or on low lev trading. Others too (newbies to veterans) who follow paid signals earn quite a huge amount of profits even on a bearish market.

About the other thing you are talking about, it seems you are the type to hold assets through the bearish times. A small advice for you then, brother - if those assets you hold are well studied by you then great, you are in for a treat in the coming months, even more so in years if you can hold that long. If not, be sure to start reading about the altcoins you are invested in already so you can make a plan in advance on whichever coins are good to hold longer and which ones you should consider selling earlier be it in profit or to cut losses.

Best of luck brother and please make your post easier to read next time.

NFTs are really cool. I don’t know how long this trend would last or if it’s a solid platform that would continue. It’s been really a good source of income for a lot of people as of recent. I know a few digital artists that has been able to have their lives changed by creating digital arts and selling their artworks on NFT platforms. They have been able to make a lot of money through this, enough to catapult their business to the next level.

So, it’s definitely something to look into, anyone that has such skills or knows anything else they can offer on the platform should consider going for it as they would really make good income through it.

It's the number 3 for me, a very sure way to earning coins without stress, I tried it already and am grateful I did, for building dapps and creating NFTs, I'll have to make more research cause I really do not have an idea on how to go about that.

Thanks OP

I believe there is a market for everyone, it doesn’t really matter what you are into, you just have to figure out how to make things work for you. Just like the op said: start selling something. You’re a pencil artist right, so you can still decide to selling your arts online and sending or shipping them to your clients in their various locations. You can be doing that and accepting cryptocurrency as payment for it.
You can as well look for ways that you can integrate it into NFTs.

I would advise you to look into digital art, I believe that since you’re already an artist, it wouldn’t be much if a challenge for you, it’s something that you will be able to do, you can be skilled in both ways, that would definitely be worth it.

I think I am also going to focus more on NFT being creator of pencil art I’m struggling to list my arts. Sadly there are not many enthusiasts I believe? I’m trying my path through open sea and listing everything I have ever created.

Well since the crypto is down, I’m going to publish the NFT as much as I could and hopefully get the rewards at the current fiat rate. Once its done and clouds are gone surely crypto will come up and might just get hands on good profits for the hard work. 

1. We don't need more.We do have lots
2. NFT's are shit but surprisingly there are idiots who do consider on buying non worthy ones.
3. Yes you can as long it would be valuable.
4. We do have shit ton loads of coins in the market we don't need more.

Buy low Sell high sounds pretty basic when it comes to this.

When crypto is down we jump into the crypto swimming pool. While moving further grasp those coins which you always dreamt of possessing and just go for bulk buying.
It’s literally the past repeating itself because of Russia and Ukraine war things have changed a lot and it made the crypto fall even further. I think this is best time to buy. Wars gonna happen but remember one important thing here; it’s new era, there are official committees all around the world to control the war so it’s gonna end sooner or later.

So crypto will bounce like heaven. Just be ready to receive the profits.

I am not sure about creating a new project, but working for crypto is by far the best thing I have ever done in my life. Even on the worst year of my life so far, it has been the shining gem of my life. I have missed quotas and deadlines and I feel sorry for it, but I am 100% happy that I have a job in crypto.

It allows you to do two things:
A) You are getting crypto, so you can save crypto directly
B) You are earning it from your home without going out.

This drops the costs as well, people forget that going to work is an expense too, take the bus if you want as cheapest option and yet you are still spending time and money for that road, being at home is cheaper no matter what. I feel like creating a new project would cost you a lot, but working for crypto is free and anyone could make around 300-400 dollars per month on crypto if they work hard enough.

The war is the reason for the low in the market.If thie continue,their will huge fall in the price of the bitcoin and all the coin in short period.It's better to hold all your altcoin for the longer period.When the price up,all your loss will be recovered.Don't sell anything at the moment.If you had a good amount for the investment.Create your own coin with a technical team.You will success when market up.

Number 3 is a really bad piece of advice for crypto investors. Depending on what you mean by selling, of course. Any way you put it the best piece of advice when crypto is low is to HODL and distract yourself from crypto so you dont FOMO.

If anything, buying more if you can afford more would be a good thing also. Especially during a dip.

Just find something to do so your mind isnt on the dump. No matter how good you can control your emotions, you are still only human. DONT SELL

For sure building any forms of web application and creating tokens would be from a dev's standpoint. Kind of weird to have some that kind of thought instead of finding clients in crypto looking for someone to at least build a website for them.
I wouldn't mind if crypto was low, hell Bitcoin was around 32k like last year and if I even recall correctly I bought few of it since it was so long since my last buy.

Since the price of crypto has reduced for people to make use of the opportunity to prepare well for future by increasing the amount of capital to invest on crypto investment. Many traders that sold some of their items few days ago, to prepare for the price of crypto to decrease so that they can invest a huge amount of money on crypto to be a good chance to be part of those traders that will rejoice when the price of crypto move higher in the exchange market.

What we can do in this bearing market, is to keep holding till the crypto price increase higher for investors to recover all that they have loss during the Christmas and new year celebration last year.

Is this from the standpoint of a developer or an investor? I'm still not sure what a normal investor would desire from the above list, but from a developer perspective, it's a great to-do list to start with, but there are other things to consider.
You can't build apps without factoring in the type of blockchain, and when doing so, you should think about the chain's throughput, consensus mechanism, and, of course, security.
NFTs? What exactly is it? 

What exactly are you trying to sell? Trading is an ideal base.

Why develop a token that will be worthless if no one invests in it? 

I think only who have enough experience to face bearish momentum in his past trading he might can earn from the bearish momentum .Though market is on deep ,they can exit with good return.I am not experience on this situation but always trying to learn trading on every situation that's how i can earn a lot even the market on bearish momentum .I am just holding my asset on this tough situation and holding it until i can exit with a good return .I also try to get few more when i get on more deep ,Let's see how upcoming days goes .Hopefully market will start recover soon .