Topic: Preparing for the dip days as an investor - page 3. (Read 511 times)
holding back using stable coins is probably a good idea. but, sometimes when the price drops quickly, there will be a bounce, so I am quite hesitant to buy a stable coin, and until now continue to hold the assets that I have. yeah, honestly I want to add to my ethereum, but I see that ethereum prices are quite stable in bitcoin prices.
To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
I think you should have both if you want to rip off some profits out of this. Cause we never know when the market will go up and down unless we are watching it or closedly monitoring the prices. Anyway what I can see here is that most of the users have been on the btc side where they didnt expect this to happened also resulting to rekt.The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
It's a normal of demand and supply. Price will Increase when demand is high and supply is low. No good investor will sink all his/her funds in any invesment at once. There will always be a backup plan if the worst happens and how to cut loses also.
This has different scenario, the market plummeted due to different cases, a sudden whale moved funds, corona virus panicking and manipulations that has been done by other people. 
The benefits of holding a stable coin will be felt when the trend is down like now. But who would have thought that this trend would occur?
I do understand that as a trader or an investor, we are unable to control or predict correctly the price movements of crypto currency trades.
But we must be able to assume and sense danger always, A steady full time investor must be able to sense dip / danger and prepare in advance towards the bear market reaction.
And the downtrend was expected to be frank, after world economic crashed, and oil crashed, it was inevitable.
I hope the dip is over already and the virus cure is found too.
If you are long term investors of btc you already have idea thats its always happening actually i remember this kind of scene before the halving in 2017 its the same the onlu thing is new is the virus.
I also noticed that fiat were not spared during the the dip. My local currency fell by over 20% to BUSD making it difficult to invest more. Stable coins are the way to go.
The benefits of holding a stable coin will be felt when the trend is down like now. But who would have thought that this trend would occur?
I do understand that as a trader or an investor, we are unable to control or predict correctly the price movements of crypto currency trades.
But we must be able to assume and sense danger always, A steady full time investor must be able to sense dip / danger and prepare in advance towards the bear market reaction.
And the downtrend was expected to be frank, after world economic crashed, and oil crashed, it was inevitable.
I hope the dip is over already and the virus cure is found too.
It's a normal of demand and supply. Price will Increase when demand is high and supply is low. No good investor will sink all his/her funds in any invesment at once. There will always be a backup plan if the worst happens and how to cut loses also.
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
Yes if you know the purpose of these stable coins, you can use it to manipulate and save yourself from this dips, you can trade your coin to stable coin since it's a stable coin your investment is safe and you can trade it again to your favorite coins once the market stabilize, so learn how to use stable coin to save yourself in times of trouble.
This recent dip has made me realise there's nothing like bottom price in crypto market. Yes, that price you think is the bottom price might even be the start of the dip. I remember a friend told me to buy Ethereum at $208 saying its at the bottom, what's happening now.
Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
always prepared some money if you dont want to miss out a good timing to buy in the deep. There are always many traders doing this even the market is in red they are still able to earn profit in just short period of time. Like 4k+ then sell it 5k+$ in just a minute its just a right timing when to buy . Then even its lost to other you can still earn profit.Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
This recent dip has made me realise there's nothing like bottom price in crypto market. Yes, that price you think is the bottom price might even be the start of the dip. I remember a friend told me to buy Ethereum at $208 saying its at the bottom, what's happening now.
Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
always prepared some money if you dont want to miss out a good timing to buy in the deep. There are always many traders doing this even the market is in red they are still able to earn profit in just short period of time. Like 4k+ then sell it 5k+$ in just a minute its just a right timing when to buy . Then even its lost to other you can still earn profit. Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
You will never earn if you are holding a stable coin, it will the same to fiat currency base like a dollar. Stable coins are good when a sudden dip happens like this, you will divert your Bitcoin while it continues sinking the price and immediately cutting your loses. Most likely traders are doing this when they know there is a continues dropping of Bitcoin price.The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
I dont know this because when Bitcoin dragging down, of course, the value to fiat currency also down. You can buy and sell anytime using the LocalBitcoins wallet. Who else noticed such occurrences?
This is not a market manipulations, many still find it hard to believe that Coronavirus is affecting the world economy, even Gold and diamonds are suffering presently, every single stocks are down so how won't this affect crypto? It's not possible to avoid crypto
Yes, at a time of decline like this, we must hold a stable coin so that our assets do not go down so badly that the USDT is currently rising well, is this investment possible? Yes, it's better to hold USDT than other coins.
It's better to wait for the situation first for an investment like this and see what correction will happen in the future.
At times like this, investing is good enough, but you have to be mentally strong.
It could be easy to advise anyone to hold stable coin or fiat now but how many people saw this coming, it is no market manipulation. Corona virus played a significant role in the market dump and affect the world financial system as a whole which crypto is no exemption. Only few people can now purchase from this dump, more fund had been use in 2018/2019. The fact is the power of stable coin and fiat sometimes cant be denied.It's better to wait for the situation first for an investment like this and see what correction will happen in the future.
At times like this, investing is good enough, but you have to be mentally strong.
But it's still a great opportunity to be a big time holder. All of us know that this crisis wasn't forever.. A temporary crash for all crypto's. Just think about the profit, although you're right that it's not about price manipulation.
My prediction for this, price will go stable again after 3 to 5 months after this crisis. What do you think?
To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
Holding up some stablecoin will get you advantage too and thats how it works. Actually the thing here is if the prices are low we should buy at this time, however if we dont have stuck of it then we can just wait. I am late to convert my btc so I didnt taken the advantage of buying it. But this will be a good lesson that we must have budget for both btc as holding and usdt for buying it.
To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
it is not every day that the price drops more than 20% in just 1 day. so even if saving stablecoins for this type of event becomes complicated.
The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Who else noticed such occurrences?
I always suffer a lot from these high fees, whenever I buy bitcoin I pay the bank 5% fee, I pay the exchange fee and when the bitcoin arrives in my wallet I find that there is still another very high obscure fee, sometimes even I get demoralized from buying bitcoin using my bank account because the fees are just scary
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
as i said it is not every day that the price drops a lot like what happened yesterday. would you be able to hold stablecoins for 5 or 6 months or even a long time hoping that one day the price will drop too much to buy?
The benefits of holding a stable coin will be felt when the trend is down like now. But who would have thought that this trend would occur?
We are talking about investors, which means they don't have deep expertise in trading analysis. I understand that most investors don't have much time to monitor prices. So, in addition to always holding a stable coin in our portfolio at any time to buy if the market gets a downward trend, it's also advisable to set a stop limit after buying to reduce the risk of large losses.
We are talking about investors, which means they don't have deep expertise in trading analysis. I understand that most investors don't have much time to monitor prices. So, in addition to always holding a stable coin in our portfolio at any time to buy if the market gets a downward trend, it's also advisable to set a stop limit after buying to reduce the risk of large losses.
This recent dip has made me realise there's nothing like bottom price in crypto market. Yes, that price you think is the bottom price might even be the start of the dip. I remember a friend told me to buy Ethereum at $208 saying its at the bottom, what's happening now.
Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
You aren't entirely safe if you are holding usdt or other stable coins instead, there will come a time where you will want to buy back and after buying price can keep falling, I guess we still have alot to learn, wining and losing is inescapable in crypto space Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
This recent dip has made me realise there's nothing like bottom price in crypto market. Yes, that price you think is the bottom price might even be the start of the dip. I remember a friend told me to buy Ethereum at $208 saying its at the bottom, what's happening now.
Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
Best is to have enough stable coins or fiat so as to buy crypto dips as much as one can.
To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
Holding up some stablecoin will get you advantage too and thats how it works. Actually the thing here is if the prices are low we should buy at this time, however if we dont have stuck of it then we can just wait. I am late to convert my btc so I didnt taken the advantage of buying it. But this will be a good lesson that we must have budget for both btc as holding and usdt for buying it.
The downward trend in coin prices continues today, the price of coins in the market is still very worrying, so investors must always be vigilant when making investments. Holding a stablecoin is a good solution to avoid the risk of loss, but if you look at the graphic movement in the bear market, for the time being I will choose to hold the USDT to avoid any possibility that will happen. And will trade again when the market movement has been good.
To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
I was so impatience with my USDT that worth over 3k days back because I thought Bitcoin will keep surging, I quickly but back while btc was at 9k, if I have waited to this day I will be one of the most happy people on this planet right now but at the same time who can predict the future? The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
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