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Topic: Should we sell all crypto now? - page 10. (Read 1075 times)

legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
January 06, 2022, 01:30:26 AM
#4
All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?
As a trader you need to stop using the phrase "because of this market rose/dropped".

A diligent trader does not take the events to pinpoint movements but accepts the the type of event may move the market in one of the directions. They also do not sell when the market drops, but buys. You buy at the low and sell at the high. If you did not sell already, you would be in a loss if you sell on lower price. If you have cash at hand this would be the time to start placing buy orders.

True that many coins have dropped in price today, but my buy orders are below this price, so I will patiently wait and forget about the market for now.
full member
Activity: 1050
Merit: 104
January 06, 2022, 01:07:41 AM
#3
All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?
Traders who are over-leveraged also have to do forced selling due to liquidation which adds to the selling pressure of various crypto coins, especially bitcoin. Around US$2.5 billion was liquidated at that time.
It would be better for investors to respond by waiting and observing the market response, especially if there is confirmation of a reversal. Especially after passing such an important time, such as the Fed's meeting decision.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
January 06, 2022, 12:57:05 AM
#2
All crypto is dropping now because of FED. It seems that it’s the start of the bearish market.
Bitcoin has been increasing a lot on its price and for me this is just a common thing when we are facing another bearish trend by bitcoin. It seems like that the bearish trend has been starting since a few weeks ago and don't you think this too late to sell your money to the market? Im sure that you know this so well. If you wanna go out from the market caused by panic sell and you can do that.

Should we sell all crypto now?
If you're thinking that you re facing a small lose from your investment and you can cut loss your investment. I've been loosing more than 500k usd now due to the this bearish trend but im fine with it. Im a diamond hand. Market is getting rekt and this needs long term to recover the price of bitcoin and rest of market.
jr. member
Activity: 91
Merit: 2
January 06, 2022, 12:12:39 AM
#1
All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?
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