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Topic: The market is going down, is it a good time to hold the coin? (Read 2588 times)

sr. member
Activity: 840
Merit: 254
Now that market is still not yet recover, the best thing to do is hold your coins, but sometimes it depends on what coins do you have because some coins have no potential growth. So before buying and choosing a coin/s make sure that it has a good potential that can gives a good profit to you in the future.
holding is not always good strategy for us,sometimes if we still hold and price continue dropping, our assets value could decrease alot.it could different if we sell it first and then rebuy it.
But in order to do that you need to know that the price of the coin that you are selling will keep going down, and in the case of many altcoins I do not really see it going down that much anymore, that was an option when the value of altcoins were very high, now that is very low you do not have that option, so you can only do two things to keep holding your coins or buy coins at these cheap prices and average down the price in dollars that you paid for each coin.
full member
Activity: 420
Merit: 100
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
The choice for you now is small, since the bear market is still present, then it is worth choosing only stable coins, and not reacting intensively to each correction. It can be a monero or ether, eos or nano.
member
Activity: 350
Merit: 10
For me, I would advise to my Co hunter I will choose to hold first the coins that you are holding now because of non stable market prices. I would rather buy some coins that I think have a good among the others. Buy more bitcoins because it saturated again to pump higher.
A good option - buy bitcoins, it will still be more reliable. I will think about it. Nevertheless, I most likely will buy myself some ethereum, while the price will be so low, and then I'll think about buying bitcoin
member
Activity: 350
Merit: 10
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
I think that to hold our coins is the only correct decision in this situation. At first I was afraid when prices began to fall lower and lower, and I had a desire to sell everything. But then I stopped panicking and began to think that it was better to wait for things to go up
member
Activity: 359
Merit: 10
Fast, Smart, Trustworthy
The cryptocurrency market will not necessarily explode in the end, and the market is irregular. Secondly, I think that your money is too small, so you can only learn trading knowledge.
full member
Activity: 406
Merit: 100
For me, I would advise to my Co hunter I will choose to hold first the coins that you are holding now because of non stable market prices. I would rather buy some coins that I think have a good among the others. Buy more bitcoins because it saturated again to pump higher.
member
Activity: 378
Merit: 10
Crypto market is falling down and down and i agreed with you that this is not right time to sell your coins. I think to hold your coins until this market will be recover is good for you.
sr. member
Activity: 742
Merit: 250
SURVIVE | P2E
This is the good time to buy some token that you think has a potential to comeback when the cryptoworld recover. I think some tokens that can comeback is ethereum and bitcoin for this two is proven .
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
We most of the people are expecting a good growth of crypto currencies in the coming months but still I advice you to hold 60% of total capital in bitcoin and rest 40% of capital invest in some good potential altcoins. Do not afraid of dropping market. This year we see huge drops in most of the coins but I think soon this correction phase will be over and market will again get bullish momentum so its better to hold for some more months to reap the good profit in the end.
member
Activity: 462
Merit: 10
Looking at the market right now has begun to improve, and the market will still provide the best value.
Prices start to stabilize and you can collect coins on the top 10 coins and have potential.
full member
Activity: 406
Merit: 100
After a long period, this market seems to stable and it may start the upward journey again any time and explode the market. As per your post, you have capital and not have any coin, So this time you have to buy top rating coins of the market, you may choose from top 20 list of coinmarketcap like Bitcoin, ETH, Dash, Neo etc.
copper member
Activity: 154
Merit: 0
Well according to my experience, it is a good time  to hold coins specially bitcoins because at present market is down and will have chances to increase or recover by the end of this year.
newbie
Activity: 38
Merit: 0
I would advise you not to ask for help in the forum, try doing your own research. Investment is something you do for yourself. Now, you have data regarding how much you can afford to invest. Just observe the market and it's trends and analyze every single detail that you can gather. Then make the decision. Best of luck!
sr. member
Activity: 658
Merit: 256
$500 is a good start and it is a good time to invest since the market is down.

IMO, BTC, ETH and Neo are coins with good technology and potential for price growth. However, please do your own research before investing.
member
Activity: 317
Merit: 12
Blockchain Powered Clinical Trial Management
You can choose to yourself for deduction some or two coins from the top ten. Or buy bitcoin and you hold expecting growth. Looking at whether you like to risk and as far as.
legendary
Activity: 1484
Merit: 1004
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
you should know, holding is the word for those who have altcoins and suffer losses. for those of you who don't have altcoin or bitcoin then you use the word buy / buyback. You must understand this so that you do not experience misunderstandings in the future. You should buy those who already have advantages such as ethereum or bitcoin. You just have to wait until prices skyrocket again.
member
Activity: 840
Merit: 40
This is the good time t hold as the market is now stable and if you have some funds then you can buy more coins to average out your cost and can sell in next runup.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
There's two option that you can choose. First you can do cutloss if you feel the price of the coin that you hold is difficult to rise and do not want to experience a deeper loss. Make sure you do cutloss if the loss has reached 5% to 10%. Second option is HODL until it's rise, if you still believe about the project and want to long-term investment you can choose this option. I suggest you if you have lost more than 20% you should keep holding the coin, because there must be a time when the coin will pump, usually at the end of the year. So you have to wait until that happens if you still believe and want to stay on the project.
full member
Activity: 560
Merit: 100
The market does not fall, these are stable movements that very soon can lead the market to a very serious situation that no one expects, we understand that the price of BTC can not remain at around $ 6000, so it would be best to prepare for something very good .
full member
Activity: 502
Merit: 100
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
I think now is the good time to start and join the market. Buy anything you want from top 5 cryptocurrencies, it is difficult to choose the best one and I would advise to diversify investments and to invest at least into two different coins

Buy and hold the best decision in crypto. There's a lot of altcoin that had a great potential and now is in the cheap price, it means this is an opportunity. Long term investment is great.
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