I believe virtually everyone is having enough bag already but if you still have some cash that you can spare, I'll advice to buy more because things will change very soon, moon is near #lol.
But don't invest all your life savings in crypto, because not every coin will rise again.
And most importantly, do a thorough research before investing in any coin.
Topic: the price of crypto is down now, what to do - page 14. (Read 2121 times)
It depends on the amount of money you have. The amount of money you have is very large. You can sell it and wait for a good price to continue buying. If it is only a few hundred thousand dollars, then you still choose to continue holding.
If you believe in crypto currency and blockchain technology just hold your tokens or convert to USDT or fiat. My money is so dip that can convert to cash or USDT again because I don't know when the upside movement will start again so I will just hold with a believe that there's will be bullish season soon.
the price of crypto is now down, what should we do to keep it profitable? give your feedback
this is a really hard moment for crypto, where we always see the market is falling every time. the best choice for now just holds your coin, at least until the market recovers. never sell your coin, for now, it just makes you lose your money.
You can sell all the altcoins that you have and buy them at an even lower price. Or buy only BTC or ETH. BPC or ETH will eventually grow sooner or later.
Don't do that mistake bro if you sell your coins now then you will lose your investment because now all coins are stable at one price i don't think still the market goes down. So just hold your coins and sell when the market recovers. You want to invest then this is the best time don't miss this opertunity.
Most of the time in the face of falling prices, we should hold, rather than choose to sell, which is irrational. When everyone is having a good time, it's time to sell rather than hold.
You should keep buying at the dips, it will son recover. In the second half of 2018, I am expecting mostly positive movement for all coins.
You can sell all the altcoins that you have and buy them at an even lower price. Or buy only BTC or ETH. BPC or ETH will eventually grow sooner or later.
I think when price of crypto is down the main thing is not panic and don't sell for low price. Of course it depends which altcoins do you hold. Some of it can never rise again. But if you have perspective good alts it better to wait. The market will grow up again some day.
the price of crypto is now down, what should we do to keep it profitable? give your feedback
All you have to do now is keep hold of all the coins you have. Do not let you sell it at a low price and if you have the capital you should buy some more coins that can indeed promise you.
think we can't doing nothing, just hold or If you have money to invest, you can try to buy more coin. This time is the best time to buy because of the price is already cheap. And we also have to wait until it recover.
Hi there,
I have seen there have been various recommendations to your question and I wanted to give my piece of advice in case you still look for an alternative.
Looking at the date of your post this might seem impractical but it would work for the next time:
Kind regards,
I have seen there have been various recommendations to your question and I wanted to give my piece of advice in case you still look for an alternative.
Looking at the date of your post this might seem impractical but it would work for the next time:
- Use stop loss after you buy in a crypto. This way you would be able to sell your altcoins at a minimum loss. Google search for stop loss but you may find the below article very helpful which is written by an experienced crypto trader:
https://medium.com/@cryptocreddy/5-stop-loss-mistakes-to-avoid-bea274857371 - whenever you realize a market movement going down, sell your altcoins. When market stabilizes at a lower level you may buy those specific altcoins at a lower price which will improve your position on that altcoin.
Kind regards,
the price of crypto is now down, what should we do to keep it profitable? give your feedback
HOLD, buy back, scalping is a step that can be taken when market conditions like this, but it also requires careful consideration because BTC also still has the potential to fall deeper, so our plan can not be done.
For me, just hold and be patient, thats better if your target is for Long-term holding
the price of crypto is now down, what should we do to keep it profitable? give your feedback
When everything falls down, and you want to stay at a profit, then you need only to trade) Otherwise, if you buy something, it will become less valuable.
I think we can't doing nothing, just hold or If you have money to invest, you can try to buy more coin. This time is the best time to buy because of the price is already cheap. And we also have to wait until it recover.
What we need to do is wait and hold . No need for us to do panic selling if the price is down, I think it is normal if the price is down because not all the time price is high. This is also the opportunity of others to buy coin in lower price. Be patience because the price of cryptocurrency will rise again.
Follow your intuition, there is just two option keep going with keep holding or buy more coin or try to give up with sell your coin and wait until markt recover.
Stop looking into crypto as investment. And start looking into crypto as future. That the only feedback I have for people. When I came to crypto, where wasn't even thought about crypto becoming investment. But at the moment it's all it is.
Now a good opportunity to buy coins at good prices. Use this chance.
do not panic. Personally, I'm mainly engaged in long-term investment and in a few days I lost almost half of my money. However, I do not despair...
for me, if you are holding bitcoin, ethereum or any kind of crypto currencies that has a good reputation to many investors then they are good to hold and nothing to be panic because what you have will not fail you.
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