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Topic: Please read! Do not get overlook on the crypto market price! (Read 900 times)

full member
Activity: 476
Merit: 100
Many are worried when seeing price going down which is normal for all to react but selling high is more secure than buying high, so it will be good to hold if you don't understand when it could pump and how dip it might as crypto is very volatile , so it can go up or down any time .

I guess, in reality, it is possible to calculate when the time of the possible cryptocurrency growth can come. Just dive into the information about cryptos and absorb it. It will be helpful.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
Many are worried when seeing price going down which is normal for all to react but selling high is more secure than buying high, so it will be good to hold if you don't understand when it could pump and how dip it might as crypto is very volatile , so it can go up or down any time .
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
I know that there are many individuals here in this forum that are always looking on cryptomarket price for the crypto that they are holding. Always hoping that one might get a good market price increase. This is why one does overlook on real number of crypto that they are holding because they are always looking on the equivalent of the crypto to fiat money. It is not like that because the real thing that you should look is the number of crypto that we know it is not changing for example you have 6 BTC @ 6k USD and eventually market price drop to 5K USD per BTC. Even if market price drop you still have 6 BTC and that is not changing and you should not worry. You have to get worry when you have 6 BTC and after seeing some time you will have 3 BTC only. That is one thing that you should worry because there might be one getting into your digital wallet and transfer your BTC to other digital wallet.

It wasn't that vivid to me, but for me dont overlook crypto market thes days since it wasn't on a good state and it wasn't helpful for us to make some speculations since we dont really know whats happening these days, overlooking may lead us to certain negative speculations and I guess that is not helpful for an individual who make money here, better to look forward what Bitcoin may bring to us.
jr. member
Activity: 392
Merit: 1
I think that the best way to get overlook on the crypto market price is to read reviews and discover what experienced traders think. To my mind, the best way is to communicate with traders
In the current situation, it would not be a good idea if you re looking at the crypto market with the motive that the price of  bitcoin would go up anytime soon, then you would be deceiving yourself. I think bitcoin would rise bigger and better on a long term basis but not on the short term basis.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
This is exactly what I think as well but you know right, most of the people who trade crypto pair it with USD or fiat of the respective country and not to BTC. I believe the reason why people don't pair it with bitcoin is because they are in it for short term and not for a long term. If people were in it for a long term then they would surely see the profit in BTC. I believe in bitcoin which is why I see how much profit I have made in terms of BTC which will make the overall profit in fiat even more when BTC's price spike high in the future.
member
Activity: 518
Merit: 13
SCARCITYDEFI.ORG
This is reason enough reasoning, but for those who calculate their wealth in US dollars - this option is not suitable. But to someone who is a long-term investor - it fits perfectly.
newbie
Activity: 41
Merit: 0
I hope they see this and learn to grow up. It will not matter to a person holding this currency for a long time. If every investor can have the same idea as you, the whole market will be green.
jr. member
Activity: 490
Merit: 2
I know that there are many individuals here in this forum that are always looking on cryptomarket price for the crypto that they are holding. Always hoping that one might get a good market price increase. This is why one does overlook on real number of crypto that they are holding because they are always looking on the equivalent of the crypto to fiat money. It is not like that because the real thing that you should look is the number of crypto that we know it is not changing for example you have 6 BTC @ 6k USD and eventually market price drop to 5K USD per BTC. Even if market price drop you still have 6 BTC and that is not changing and you should not worry. You have to get worry when you have 6 BTC and after seeing some time you will have 3 BTC only. That is one thing that you should worry because there might be one getting into your digital wallet and transfer your BTC to other digital wallet.
I also know that, the amount of bitcoin in the wallet is not reduced, but the value is reduced. for example having 6 btc with a total value reaching $ 60k, then when the market falls and the exchange rate decreases to $ 30k, of course that is a big loss. yes there is still a big chance to go up, and while the amount of bitcoin stored in the wallet does not decrease, everything will be fine.
full member
Activity: 392
Merit: 101
The value of crypto that you are holding still not change after market price movement. If you are an investors of course you are going to look for the value not how many coins you own the value coins is important if the value is good and if the price was domed to fail then think the way how you will solution that problem hold your bitcoin until one's assets becomes greatly devalued to nothing is not a wise investment strategy.
hero member
Activity: 826
Merit: 501
I know that there are many individuals here in this forum that are always looking on cryptomarket price for the crypto that they are holding. Always hoping that one might get a good market price increase. This is why one does overlook on real number of crypto that they are holding because they are always looking on the equivalent of the crypto to fiat money. It is not like that because the real thing that you should look is the number of crypto that we know it is not changing for example you have 6 BTC @ 6k USD and eventually market price drop to 5K USD per BTC. Even if market price drop you still have 6 BTC and that is not changing and you should not worry. You have to get worry when you have 6 BTC and after seeing some time you will have 3 BTC only. That is one thing that you should worry because there might be one getting into your digital wallet and transfer your BTC to other digital wallet.
I think you have point there because overlooking on the market price can make holders to panic that may cause to panic selling.Holding amounts of btc doesn't need to be monitored often just let that bitcoins to stay in its axis,you don't have to worry for as long as it stays number one on the coin market capitalizaton.
jr. member
Activity: 352
Merit: 1
Although you are right that the number of your bitcoin doesn't decrease when price of bitcoin fall. However,  the value of bitcoin is what matter most to most people including me. It is the worth of those coins that really determine your own net worth not the quantity of coins you are holding.
newbie
Activity: 72
Merit: 0
It doesn't generally make a difference what number of BTC you are hanging on your portfolio as long as they are deserving of speculation. On the off chance that the cost of BTC diminishes continuously then it will end up being a useless venture. In this way, having 6-10 BTC wouldn't help much as the greater part of their costs will be let down. In the event that the cost expands then estimation of BTC will likewise increment and it will enable the financial specialists to see some benefit out of each coin.
member
Activity: 205
Merit: 10
I think that the best way to get overlook on the crypto market price is to read reviews and discover what experienced traders think. To my mind, the best way is to communicate with traders
newbie
Activity: 257
Merit: 0
Yes, I think, we must know the Bitcoin present value and other incidence. Bitcoin is the most valuable crypto in cryptoworld. And its demand is very high so we have to be conscious about its value with fiat and present currency.
newbie
Activity: 261
Merit: 0
Since I am a BTC investor, I think the price is very important. Because your BTC price is determined by the current fiat currency, so you have to be careful that you can not ignore its value in any case.
newbie
Activity: 56
Merit: 0
I think this is the reasons that I am so interested about bit coin. What happens don’t matter you sill have your coinage with you. Just keep patience to get the actual price.
newbie
Activity: 232
Merit: 0
you are right its not good for always holding this coin. there are need to stable market, than it will make more profit. its is more secure and potential but i want to know more about this.
newbie
Activity: 28
Merit: 0
The market is constantly changing the cipher holders are the people who hold the world. Do you believe in that? How to keep up to date with your cipher?
newbie
Activity: 172
Merit: 0
you are right we should follow this. Bitcoin holding always not good because it will make unstable market. that is are cause for dow market. but i want to know more about this.
newbie
Activity: 45
Merit: 0
here anything can happen but we should follow your guidelines. i'm agree with you. i have no more idea about this. i want to know more about this. it will make more easy and secure our transaction.
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