Topic: The Alt market is testing you: Will you break! - page 10. (Read 2376 times)
I'm not going to leave the cryptocurrency. I believe that in the future cryptocurrency will only become more popular.
The market is testing the investors patience, I don't think the market has stabilize yet, in this few days the price swing is really unpredictable, the keys is in etf, when it nears the price will go up, and if the good news continue the we will see moon, but if being rejected then we will see a horror scenario where the price slip down really deep, I still hold some of my alt coins to see what will be the etf news
Right now we are not seeing a big drop or anything so it seems the market is resisting very well the denial of yet another ETF, but I agree that we are being tested and like always only the fittest are going to survive in this market, anyone that enters this market not convinced the blockchain is going to change the world is going to lose their money.
This situation in the market is similar to natural selection : only the strongest will survive. Therefore, it is only for the benefit of all . Unnecessary coins will not be strong in this battle
The statement is quite true and fun, alternative cryptocurrencies have problems now and their stopping doesn't bring something good for the increasing and common development.
It will either make it or break it and everything depends on that.
im broke already
sold all mine and buy at the dip
i think that better choice than hold and wait for the price up
sometimes CL isnt that bad
sold all mine and buy at the dip
i think that better choice than hold and wait for the price up
sometimes CL isnt that bad
Breaking should be the least on anyone's mind right now because I believe at this point most people joined or invested in the wake of 2017 Bullrun.
It is not right to create such panic arouses during such troubled periods, but to be honest. The most correct behavior that can be made during this period, when the market is constantly deteriorating, is to gradually make purchases and reduce the average price, or the most correct action that people who can not make this option can only wait. We see intense devaluations in this period, which we call bear market, and we can not go on without seeing that amateur, ignorant and ignorant investors are getting extra support for this loss. During this period, big investors usually prefer to make a profit, but amateur investors are only losing money. It is because of this that we should act patiently and thoughtfully during these periods, we should not make sales to the detriment by joining in the panic atmosphere.
Before you land on the moon, i'm sure you have no coins left for sale. Because of psychological panic, you will of course break original thoughts and principles. But buying Altcoins is still an advantage right now.
I think the effect of ETF is not too big on Crypto, I think the ETF is just the news forced to disturb Crypto, according to my bitcoinlah the main challenge for all Altcoin, because Altcoin is affected by rising down his bitcoin price, I think now what you can do is stay calm and play with smart.
Crypto market has taught me a lot of strategic skills and has made me tough that how to survive in the market that one day goes to the moon and on next day is 6 feet under the ground. Bloodbath is not the new thing. Every year market rise and fall to very extent. Market becomes bullish and bearish but most important is not to quit, not to surrender. Just be patient and wait for the market to recover..
The market is testing the investors patience, I don't think the market has stabilize yet, in this few days the price swing is really unpredictable, the keys is in etf, when it nears the price will go up, and if the good news continue the we will see moon, but if being rejected then we will see a horror scenario where the price slip down really deep, I still hold some of my alt coins to see what will be the etf news
The bloodbath market has passed right now although it is still recovering. However,t he market is still on progress on way recover. It may be collapse again before reaching its top price likely some months ago. WIth this condition, you are right, this market really tests us. In my opinion, whatever the tes, I will still stay here, in crypto.
ETF have not been approved and this has affected the cost.Market makers will try to drop the price and go against the crowd.
Alt market is breaking down nowadays, most cryptocurrencies are at the dip in terms of their prices. I loss already a half of my funds in trading because of the bear market. If you ask me if I will break, probably I will not gonna do ti. It is just a part of our experience as a crypt trader, it is better to have patience on ourselves and passion on what we are doing rather than quitting.
to break or not to break is not determined based on how long you will hold on to your bags.
breaking is defined when you lose money. so look at the amount you have invested initially in this market and the profit that you could have gained if you sold earlier. and each 10% that you lose is counted as another time that you broke. some people are already 9 times broken since they have lost 90% of their investment already.
for example consider ethereum that everyone loves! lets say you bought 10 ETH. if instead of bag holding you had sold it when it was high you could have gained nearly $15,000 but since you were dumb enough to bag hold now your bags are nearly worthless at $2,500.
in other words you have lost $12,500 because of being a bag holder
breaking is defined when you lose money. so look at the amount you have invested initially in this market and the profit that you could have gained if you sold earlier. and each 10% that you lose is counted as another time that you broke. some people are already 9 times broken since they have lost 90% of their investment already.
for example consider ethereum that everyone loves! lets say you bought 10 ETH. if instead of bag holding you had sold it when it was high you could have gained nearly $15,000 but since you were dumb enough to bag hold now your bags are nearly worthless at $2,500.
in other words you have lost $12,500 because of being a bag holder
The market is testing your knowledge and your belief in your coin.
I will not be affect by it. I will hold Eth till its recovery.
I will not be affect by it. I will hold Eth till its recovery.
Anything new has to go through an inevitable journey of growth, and with speculation involved the predictions with certainty become even more difficult. Understanding the tech and the projects and their vision related to the future, are a few things that can give an insight into the viability of our belief.
It is not just about the ETF but it is also about the various things connected with that.
I won't break but if downtrend will last long it can break many projects and we will stay with garbage tokens in our wallet.
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