Topic: What is your planning between market up and down? (Read 159 times)
So this is actually a common strategy based on whether the market is up or the market is down, if the market is down it is the best time to go buy some and probably make some trades and investments or you can actually wait until the market goes green, and if the the market is up it is the best time to sell your hodlings.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Converting the crypto currency to the USD is always good thing to do so that you can not loose more % on your original your investment. Thats your precautionary step but selling them at too low rate is also not advisable either! Always sell if you think investment is going to be dumped below 20% from the break even point of your investment.
However, if the selling is already done then surely you can go ahead and make investment again if the crypto falls even below that rate. That is obviously your profitable investment for the future.
I'm not worrying much about the market these days. Everything is getting beatings. Need some ready of hope to gain my trust back. Not invested much these days.
All they do is save their capital, and they will come back after there is something that will make the price increase. Actually this is a strategy be possessed by an investor, profit will always exist even though the price has a decline. At the moment, many people are worried about cryptocurrency, because an exchange is very vulnerable to be hacked, this is the reason for those who sell their assets.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
No second thought, If I think im gonna have some profit for it, im gonna all in in selling it. That way, even if i get regret, atleast i already had profit instead of regretting in a way that you didnt even have profit for it.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
There will always be selling in the market and it is normal but the way you referred to it like you see those doing the selling sounds funny though. BTC going down definitely have an overall effect on the market and I thought everyone should have gotten used to that.
Nevertheless, plans will always be different across board depending on each individual. Some may be foolishly selling at loss, some would still be holding since they have been holding right from the onset or bought at peak and still holding still anyway, and some will be smartly buying the dip knowing they have a greater chance of hitting sweet profit in the future from any coin or token with great prospect.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
No conversion. No dumps. Primary goal: HODL
Im not really an enthusiast of short term trades. Why should I dump during the bearish market? It doesn't benefit me unless I played with those pump and dump coins. Most coins on my list are worth to hodl for long as it was proven many times.
Now that market is still on bearish, I just have to sit back and relax and do everything I could to increase my hodl coins. With these practice, Im surely able to feel the benefits once market became hype again.
Just hold and wait for the market to become bullish while doing some bounty to add and grow my portfolio. Keep calm in this bear market.
My plan , I'll get some good potential coins and HODL what ever I have only till the market is down . well , I feel it's a great time to buy coins at this moment . I mean when market is down , later it might be profitable for me . who knows ? no one . I just wanna give it a go .
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Most of us investors and traders are converting our altcoins to an alternative USD altcoin like tether then do the day trading. Maximizing the number of your altcoin holding is the main goal in that type of strategy. My second option when if I will be unable to gain profit from trading is to join airdrops and hunting bounties instead. A passive income is a must in a time like this 😂
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
As you know the market status at this time,i want to know about what are your planning?
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
Because i saw many people converted their altcoins into USD at low rate and some are selling because day by day btc going down.
What most people fail to realise is that crypto like most investment is a long term hold, thanks goodness that some people were very lucky to enter the space at the right time and make huge profit but I can tell you most of those profit are gone, those that bought Bitcoin below $1k are not affected by the recent dump because they are still in profit, those looking to make quick profit are getting disappointed
As of the moment, I had stopped my day trading. It is very unbearable to watch the market bathe in red. I am now just focusing on my bounty campaigns and earning more crypto which I can hold as I wait for the complete turn over of the market. I have invested in some coins, too, but now that the market is unstable, I'll just have to rely on some of my other means of earning via fiat.
I'm just doing bounty. It helps me to live when cryptocurrency market is not feeling well.
Also it's a good way to earn money without investments.
Also it's a good way to earn money without investments.
looking at the current bleeding market conditions, I do not think it's ideal to hold the coin in the long run, if I can get an advantage that is close to ICO I will release my coin otherwise you will be the victim of the ICO collapse.
my plan is that the market is too big to lose altcoin and token with potential and hold it long while bitcoin is smashing but when the bitcoin suddenly increases the altcoin and token in the market increases the price so it's better to buy altcoin while still cheap
I prefer to hold my altcoin because i am sure some time later altcoin will return to high rate. I will not sell my altcoin unless I need it for my daily needs.
I think tradding needs a strong mentality, if with market status this time many people convert their altcoin to USD means they have a weak mentality and experience panicsell.
I think tradding needs a strong mentality, if with market status this time many people convert their altcoin to USD means they have a weak mentality and experience panicsell.
If you have already made a profit. Then you can sell out of the field. If you lose. Then you can continue to hold. Because it's a bear market now. Wait for the bull market patiently. Once you get there, you will get a very high profit.
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