Topic: Should we sell all crypto now? - page 3. (Read 1075 times)
What I’ve learned about the long haul of things myself is there’s always a dump and there’s always a pump. When it dumps this last time, you buy. On the way up you chill and be happy knowing you gained a buck, save your money in this time period or keep it In stable coins collecting 8.5% interest on Celsius network. And wait for the dump(again). When it dumps hard, don’t buy until it gos sideways for a day or so guaranteeing the bottom. Buy in at that point. Be happy and save on the way up. Repeat. Get rich long terms means being consistent and no panic selling.
Well it's up to you if you believe the market will starting to go bear, sometimes I do convert my coin into stable coin if I see the market starting to go down. You can convert it into stable coins just to be safe and if the price will still continue to go down then buy some more altcoins.
That's what other traders and investors do.When we think that we have to take profits, converting into a stable coin is very popular. And they become patient and wait until the market goes low and that's the time they'll buy again.
There's no waste with that because you can get back the cryptos that you've traded for stable coins once you do it.
The market hasn't turned completely bearish. Over the last two Weeks the market is bearish, which means the price of bitcoin drove downwards from the price around $46k during the start of the year. Finally it was staggering between $41k to $43k. We don't know what move is gonna happen further, but following the bitcoin trend there were bear move with altcoins.
Experts advice to book profit with top listed altcoins and wait for buying low as top altcoins are major support system to the rest of the cryptocurrencies.
Experts advice to book profit with top listed altcoins and wait for buying low as top altcoins are major support system to the rest of the cryptocurrencies.
The formula for buying is fixed when the price decreases or when the price is low and sells when the price increases. If all coin prices are going down, then selling all crypto is not an option and you have to be sure that when the market goes down, the increase will come too. Be patient bro.
Exactly the formula is buy when the price is low and sell when the price is high. Also, one saying is “fortune favors the ones who are patient”. But apart from all these finally it's your money and your decision it's depends on person to person. Hodl or sell analyze well and make a well-informed decision.
Don't panic selling because the market is down, especially if the asset is diminishing, it will of course recover quickly if one can hold for a long period of time after making a profit. Especially if you buy bitcoin and potential altcoins, it will go back up as the market bulls. It just takes patience for that.
well, selling all crypto assets just because of FUD is a bad decision. in the end, when prices recover, many people will regret their decision.however, this has happened many times, and we can learn from the past. for people who are new, it is very natural for them to panic seeing this. however, if we study the past, we will see the great benefits of being patient. this is not a business on hold and we will see prices going up continuously. however, in the time we hold the coin, there will be ups and downs that we will feel. well, selling all the crypto just because of the price dump caused by the FUD, it was a bad decision i guess. unless he has other plans for it.
I don't think this is the beginning of the bear market. We haven't seen any good bullish movings on altcoin market and bitcoin price hasn't yet raised ten times since its 2017 heights...
Everyone expects the price to be skyrocketing like in december 2017, but it doesn't have to be that way. The situation on the cryptocurrency market is changing every year and now everything looks different than 2017. In my opinion, the fact that this is the beginning of a bear market for a few months is very probable. It is possible that the price will hit but after a few months of bear market.
Don't panic selling because the market is down, especially if the asset is diminishing, it will of course recover quickly if one can hold for a long period of time after making a profit. Especially if you buy bitcoin and potential altcoins, it will go back up as the market bulls. It just takes patience for that.
I think it's too late now to sell an asset whose value has already fallen below twenty percent. If the asset is still in a financially high position, I think it is worth considering the possibility of selling it and repurchasing it in a lower position.
If you are in need of money in urgency then you can sell it and if you have the capacity to hold then I must say its time to hold not to be a panic seller but nobody knows about the market will go in which direction but still I feel market sentiment is good as of now So I am also holding it patiently.
There is a high chance that the market will go down again, but we shouldn't be selling our coins when the market starts going down as it creates more selling pressure and eats up the buy wall that was supporting the price. Best bet would be to wait for the storm to pass or already convert the investment into some other at the time when the storm started. 
If you are in need of money in urgency then you can sell it and if you have the capacity to hold then I must say its time to hold not to be a panic seller but nobody knows about the market will go in which direction but still I feel market sentiment is good as of now So I am also holding it patiently.
When we invest in crypto of course we already understand all the risks, crypto investing can make people rich in a short time but that doesn't necessarily happen with us because of many factors, but there are things we can follow if not in a short time then we can hold for the long term and we have a chance to be rich.
Mostly anyone who joined crypto because their purpose of getting rich quickly becomes bankrupt because they are too greedy for any decision they made, usually they are new people, when they have a decent loss they will going insane and doing any decision including all in in one trade hoping the luck is with them and always end up loss.
Crypto investing is not about getting rich fast, this cryptospace just started less than 20 years and it needs couple more years to make it a thing, so today investors should be be patient and picking best coins that will rule the future
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When we invest in crypto of course we already understand all the risks, crypto investing can make people rich in a short time but that doesn't necessarily happen with us because of many factors, but there are things we can follow if not in a short time then we can hold for the long term and we have a chance to be rich.
Always optimistic to see the future is the type of successful person, when the market drops like today then the best thing is to go on vacation or do other activities, leave for a moment and come back in a week, if it's still red then add vacation time, cryptocurrencies will skyrocket again so sell now then we will regret later.
That's right, if you want to sell out your assets now, so be it. But do not let the word "regret" out of your mouth in the future.I think when you want to do something there must be a definite and basic reason for doing it. And here I haven't found a reason why I should sell it now, even I don't think I will find an answer for it.
It's a shame to sell at this time because I think the bear market started a few weeks ago and now the market has started to stabilize so it's better not to sell again if you don't want to regret it,
better hold your coin and wait some time.
better hold your coin and wait some time.
I don't think this is the beginning of the bear market. We haven't seen any good bullish movings on altcoin market and bitcoin price hasn't yet raised ten times since its 2017 heights...
I agree with you, why sell right now? Unless it is an emergency, but I do not see any logic to sell when the BTC is so low in price, it would be total madness and a clear waste of money, more if it was bought more than 1 month ago, I think it would not be the most Smart, for now what can be done is to wait until the price of BTC recovers, it is not known when it will happen, but I am sure that if the good move will take place and at that moment is when it should be sold if the person wants. Anyone who has an investment-focused thinking should bear in mind that they have to wait as long as necessary until the price grows and profits, before it is a very bad business.
I don't think this is the beginning of the bear market. We haven't seen any good bullish movings on altcoin market and bitcoin price hasn't yet raised ten times since its 2017 heights...
that it is true that until now what you said is clearly real, and we have not seen that there will be a movement that starts to improve from altcoins and of course it will start from the movement of bitcoin which is still corrected and has not yet been able to increase again.hopefully entering early February there will be a movement that starts to improve at least it can match the beginning of 2021, even though it may not happen or it does happen!!! all of us will wait optimistically that there will be a bullish movement.
I don't think this is the beginning of the bear market. We haven't seen any good bullish movings on altcoin market and bitcoin price hasn't yet raised ten times since its 2017 heights...
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?
If even this is the start of Bearish market meaning we need to sell all our coin specially if we are willing to Keep Holding long term as the assurance is there, what if when you sold your coin now and suddenly increases tomorrow? what may you feel?if you are for short term or day trading then sell all your coin but must be ready for th price shifting .
but If not like me? of course just let your funds stays in your wallets to wait for the increase the chance like we always do .
and also FUD or FED? Fud is normal in this market and with them the market moving up and down.
in my opinion sell coin that doesn't have use case like shitcoin because it going hit really bad
after that sort coin that have staking system would be great to staking it rather than cut loss all of them
and i u hodl bitcoin or ethereum would be great to keep it for long term
wait the final dip and buy more
after that sort coin that have staking system would be great to staking it rather than cut loss all of them
and i u hodl bitcoin or ethereum would be great to keep it for long term
wait the final dip and buy more
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