Topic: what do you think about the few days deep - page 6. (Read 1051 times)
I think its normal but its kind of getting into some of the traders which has emotions, they FOMO or FUD that it might pop the bubble and end them up with nothing
You made a mistake by selling your coins immediately, you should have had patience and waited for the market to climb up....
Selling coins at a dump is not always a mistake if you have a specific plan of action. Very often, it is better to sell coins using a stop loss when the price falls, in order to buy at a lower price later. Otherwise, you will have to wait a long time, sometimes several years, for the price to recover and your losses will be leveled.
I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
You made a mistake by selling your coins immediately, you should have had patience and waited for the market to climb up.Do we expect another deep soon?
If you know you’re going to be panicking in situations like this and ending up selling your coins at loss, it’s best that you sell when the market is climbing up and you have profit, than waiting till things like this happens and you start running around to sell your coins and at loss. That’s why any money you’re investing should be what you can take when there is loss, I have a friend that lost during the last bullish market in 2017 and he never sold, he had patience till this year to be able to make profit again. So that’s just it.
The market is very uncertain now. there's no way to be sure about what's going to happen. It just seems like the market is going into a consolidation phase which would give more than enough room for new entries since prices were on the high side since those were all time high prices.
I do not think that market is "uncertain", in fact I believe market is as certain of whats going on as it gets, why? Because at the end of the day corrections happen and prices can't always go up and people took out their profits and with the realized profits they are either going to go out or just stay in and buy cheaper, however that correction needs to happen sometimes.Think about it like running for a long distance, sometimes you stop and take a deep breath and then try to run again, or think of it like bow and arrow, it goes back first then goes super fast later. So long story short this is known, everybody knows whats going on and they are quite happy about it, I do not think that it could change anytime soon, we had a correction and we are going to end up with a good increase very soon on top of this, that is basically the whole story.
These a couple days I saw the movement in the market were almost altcoins are really performing so good and almost majority of them
so far are in green stage of level. Glad that I made a good choice to trade some of the alts and gave me a nice profit at the moment. And I
think it continue in the market to grow more for sure until end of next year in my own assessment.
so far are in green stage of level. Glad that I made a good choice to trade some of the alts and gave me a nice profit at the moment. And I
think it continue in the market to grow more for sure until end of next year in my own assessment.
If you manage to analyze the situation and see some open chances to grab a good position for your trade.
You need to take a closer look in order to assume what will be the next target goal, anticipating will be your key to generate good
profits, this market is a wide open place to each traders who are chasing for decent benefits.
I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
We that studied business related course, believed that business has different faces (Business Cycle); peak, recession, depression, recovery, boom. So, fall in price is normal. What is important for the business man/woman (trader, hodl etc) is to have a reliable and dependable information on the investment or business.Do we expect another deep soon?
what is your intake, please be free to drop your comments.
I also sold some of mine token on that faithful day of some which I believed that are strong enough to o bounce back easily.
These a couple days I saw the movement in the market were almost altcoins are really performing so good and almost majority of them
so far are in green stage of level. Glad that I made a good choice to trade some of the alts and gave me a nice profit at the moment. And I
think it continue in the market to grow more for sure until end of next year in my own assessment.
so far are in green stage of level. Glad that I made a good choice to trade some of the alts and gave me a nice profit at the moment. And I
think it continue in the market to grow more for sure until end of next year in my own assessment.
No, I think the drop is enough. We need a big increase in most crypto prices to make all people think positive again about crypto future.
Crypto won't be the one adjusting just to make everyone have a positive mindset about cryptocurrencies. That's not the idea that you should be thinking. People must be positive in crypto because of its market and potential not just because of its increasing prices. In early 2018, many have found themselves in trouble because they've thought and impressed of crypto as an increasing only asset.
I don't see why there shouldn't be another correction to the downside. It should be expected but in all just bear in mind that this is a bull year like we had in 2017. So, no matter what happens don't sell off in panic. At least, till we are in the last quarters of this year. We aren't through with the Bitcoin bull if you checked the data on its dominance in percentage of the general market cap. Any dip will find support to bounce back to the ceiling and that's what we expect from now till last quarters of 2021.
Well, I have got your point, --perhaps there is a bounce-back of the price but this was expected among holders that there is a pullback right after a massive increase in the price. All market price was affected by the correction of the bitcoin and also altcoins, it is clear that altcoins do the same movement to bitcoin price. For the technical prediction that I read in some articles, it says that don't be panic because that is expected that there is a small pullback. However, in this case, there is nothing to worry about, if bitcoin will go down, that is a perfect time to buy bitcoin, I, --,myself wishing that bitcoin will down back more the price even at $30k price so that I can able to accumulate again. Do we expect another deep soon?
what is your intake, please be free to drop your comments.
what is your intake, please be free to drop your comments.
Good after the dip I made more buy.. but not too long it comes up and I covered little loose and I was amazed.
Yes even in the middle of market dominance, expect that a dip will happen.
We need this correction as this is the best time to make another buy. You still not lose unless you sold.
That was a very bad time for all altcoin holder and for crypto traders.
I disagree with you. If successfully plan, this dip will be the key to more profits in the future as you are not forced to buy at the peak because or commonly called under FOMO.
I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Common mistakes of a noob on where they do easily react out and panic sell when they do saw that their portfolio is dropping in usd price and when the marketDo we expect another deep soon?
what is your intake, please be free to drop your comments.
tends to make some recovery then thats the time they do make out some regrets.Its pretty common even experienced traders or investors arent exempted with
the market volatility so asking off on expecting for another dip soon then no one can really tell.Take this as a lesson learn for you and with due experience
you can really able to handle up your emotion which is really a big factor on affecting someones decision.
Actually the pains is much seeing your asset going down immediately, it's heart touching and tempting most at time we have to manage ourselves to be able to come from the market pressure and pains sometimes we tried hard to make earnings.
I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Yes please, I am hoping to have another deep soon as others do dream to happen. This is very important so that other cryptocurrency market will also grow consistently. For several years of waiting, altcoins was really a dead coin now and only few of them continued to bounce with sustainable value, how about the other token nice platforms. Let's give them a another chance to join the market competition.
I don't see why there shouldn't be another correction to the downside. It should be expected but in all just bear in mind that this is a bull year like we had in 2017. So, no matter what happens don't sell off in panic. At least, till we are in the last quarters of this year. We aren't through with the Bitcoin bull if you checked the data on its dominance in percentage of the general market cap. Any dip will find support to bounce back to the ceiling and that's what we expect from now till last quarters of 2021.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
what is your intake, please be free to drop your comments.
Yes even in the middle of market dominance, expect that a dip will happen.
We need this correction as this is the best time to make another buy. You still not lose unless you sold.
That was a very bad time for all altcoin holder and for crypto traders.
I disagree with you. If successfully plan, this dip will be the key to more profits in the future as you are not forced to buy at the peak because or commonly called under FOMO.
When the price of the altcoin you bought starts to fall because BTC has experienced a deep correction, you don't need to panic to immediately sell it at a cheaper price so you experience a loss. You should have spare money to buy it back at a cheaper price, it will be better than having to Cut Loss. Altcoins will experience a rise again when the price of bitcoin stabilizes. Don't panic too much and use a good Money Management strategy.
The most important thing coins we have chosen. If it's a potential coin like eos you trade, maybe I won't panic selling, because as we know EOS is one of the potential coins that are very good for trading. Why don't you try to hang on before thinking of selling it, because when the market is flushed, it will definitely come back green a few days later. This is where the test as a trader is where we have to control emotions. But I admit, sometimes I lose control emotions at a time.
That was a very bad time for all altcoin holder and for crypto traders. But i think now market will pump and all altcoin's price will high, actually if bitcoin price is stable then all altcoins will high
My situation was very bad when i see that all altcoin has crashed, i see that that all altcoin price has very low. And also i invest my fund on altcoin, i don't know that when my portfolio will recover.
You mean dip, OP?
From the price that BTC moves into, seems like we can expect another though, but don't panic for now to buy a lot.
I would still hodl if I were you. You shouldn't have panicked though, as you mentioned in the OP.
From the price that BTC moves into, seems like we can expect another though, but don't panic for now to buy a lot.
I would still hodl if I were you. You shouldn't have panicked though, as you mentioned in the OP.
I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Well; whether to expect a dip or bear market soon or not is not in my jurisdiction; but the flash dump for those 2 days are a glimpse of what to come whenever the bear market decides to show up. Can you stand such percentage losses? decide and take profits when due; so you are never in shock whenever the bear is here.
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