yes if indeed you have prepared it before the decline occurred this is the right time to buy.
The point is you have to prepare capital for circumstances like this.
I only did a little preparation because I didn't have enough capital so I took advantage of the current ups and downs, short term.
Topic: What to do when price is dump?? - page 11. (Read 2833 times)
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
It all depends on situation as of then. There are times I would sell my coins immediately I suspect that the price is going down, and after I sell I wait for when the price has reached what seems to be the bottom and I would buy back and hold till the price goes up to another high rate when I will be able to recover everything I have lost. What do you think? Is it a smart move at this time?
Moreover, there are also times that I will leave the money in my wallet when the price is crashing heavily like this, I just leave and wait till the price has dropped to the bottom, then I buy more coins and add to what I have before. As time goes on the price climbs back, which I know is going to happen for sure, and I will be able to recover the losses.
You are a Jr members, but some Jr members has also good experience in trading, if you haven't right point to dump than do trade. During dump don't take high risk or greedy. Market will always recover fast if big fall down. Stable coin is always for risk free and easy to frozen your money under any circumstances.
Juniors Members are many types:- Who joined the forum recently.
- Who joined the forum for a long time ago, maybe years, but have not yet made many posts or not earned many merits.
- Who joined the crypto recently and joined the forum recently, they likely have limited knowledge and experience with crypto trading.
- Who joined the forum recently but actually joined crypto trading for too long. They are not real Junior members.
Stable coins are a very good ways to store around breaking points of price, dump or pump, no one knows before it happens. Storing capital in stable coins, and wait for confirmations from price before doing the right thing.
Basically, my own favorite is Carnomaly. Carnomaly automotive rebate was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers who hold CARR tokens will be placed into tiers which will allow certain benefits based on tokens held. The more tokens held, the higher the tier, the better the rebate is. Consumers will be able to get a max of a 30% rebate. And I also recommend you to have a closer look at their website, many different features are available there
From your words sounds interesting, will have a look and share
I would agree with you here. I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you are just following any project with innovations. And if so, are there any advanced ones you can recommend?
Basically, my own favorite is Carnomaly. Carnomaly automotive rebate was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers who hold CARR tokens will be placed into tiers which will allow certain benefits based on tokens held. The more tokens held, the higher the tier, the better the rebate is. Consumers will be able to get a max of a 30% rebate. And I also recommend you to have a closer look at their website, many different features are available there
Speaking about the crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple solutions. So as I understand, the switch will happen towards more technological and valuable solutions
I would agree with you here. I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you are just following any project with innovations. And if so, are there any advanced ones you can recommend?
Speaking about the crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple solutions. So as I understand, the switch will happen towards more technological and valuable solutions
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
What do you think? Is it a smart move at this time?
On some aspects you are right, but i will offer some corrections.
When the price is dump, its not the right time to run to tether or fiat.
You ought to dyor and should have converted to usdt or fiat, right before the crash. As a trader or investor, you need to study the market well and make correct decisions too.
And if you refer to buying the dumps, then you are right, you need to have your tethers in hodling and ensure that you do not hodl fiats in cash because when the market is bearish conversion from cash or fiat to tether or bitcoin is at a high rate.
And finally, always do your own research.
When the price of cryptocurrency fell so deeply as we see today, there are actually a lot of opinions that arise because everyone must have different financial conditions there must be someone who says this is a golden opportunity there must also be someone who is lazy to see the market and looking for another busy life while waiting for prices to return to normal or even more useful to busy yourself looking for a quality airdrop who knows later when conditions have gradually recovered there is a surprise that comes from what we are doing. 
If I was you, I would not do this. I would make stop loss and wait price falls deeper to buy back, with more coins or tokens for my portfolio. I don't say that there is no chance to see price rising back to where it falls from but it is more wisely invest to apply cutloss to enrich portfolio, in number of total coins/ tokens, and in value. It is true and can be applied for both Bitcoin and all altcoins. Investors must decide fastly and determinantly to cut loss at very early time when price starts to fall.
Indeed, when market conditions like this have to move quickly to stop-loss because it will reduce losses that are so big but only traders who do so, but if you are as investor or want to hold longer then I think it does not matter as long as it is strong in a market that continues go down and don't look at the market if it's still like this.
But fast moving is the best thing in trading so funds for profit and loss are smaller compared to having to wait longer.
If you are in for short term it's wise to cut short your loss by switching to USDT or other stable coins but if you are in for long term I don't see any reason to sell your coins but if you are good at trading you can easily double your Bitcoin
yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.
If I was you, I would not do this. I would make stop loss and wait price falls deeper to buy back, with more coins or tokens for my portfolio. I don't say that there is no chance to see price rising back to where it falls from but it is more wisely invest to apply cutloss to enrich portfolio, in number of total coins/ tokens, and in value. It is true and can be applied for both Bitcoin and all altcoins. Investors must decide fastly and determinantly to cut loss at very early time when price starts to fall. 
yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.
Obviously, for those who have more money or have spare money, it is better to buy a few coins that have a sale value in the market, and hold some coins that we already have at the moment, because the current conditions will clearly pass even if not in soon.
yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.
I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.
What coins did you buy recently? Is the coin the same as what you had before?
If you buy the same coin as you hold, it will be easier for you to reach the target minimum price when you want to sell it
But more important than all of that is, invest only as much as you can afford to lose.
With current market conditions, don't expect miracles to happen
but there is no need to be pessimistic because you lose the moment you should get, as long as you still hold a token that is very potential, just waiting for the time then the moment will come back and remain patient.
if there is more capital, the right time if you want to invest. Although there is no guarantee that recovery will be fast, it can be assured that it will pass soon.
I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.
What coins did you buy recently? Is the coin the same as what you had before?
If you buy the same coin as you hold, it will be easier for you to reach the target minimum price when you want to sell it
But more important than all of that is, invest only as much as you can afford to lose.
With current market conditions, don't expect miracles to happen
The issue is that people don't usually have the patience to hold at loss as it usually takes time to. recover very it back except for daily trading during stable market
The reason for that is because holding can cause traumatic experience in all of us who holds financially, therefore you'll fund yourself in between selling or holding and be patient, just like what you have mentioned. It is hard to deal with, since you're scared to repeat the same mistake again and again, it is very confusing but once you get over with it, and you reset yourself, you'll find yourself again productive and not afraid anymore in taking the risk when it comes to making profits during the dip or not.
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
Everyone has their own way to handle dump prices. And I personally will not hold the coin because of the enormous risk. In addition, the current economic conditions are declining and this will affect Cryptocurrency assets. A good solution is to sell assets and buy back when prices are already very low. The solution I thought would be better because I personally did that. And the result can make a profit, although my profit is very little. What do you think? Is it a smart move at this time?
The volatility of the market now is very strange, What if you have converted on USDT too soon and the price skyrocket? But it is better than being rekt.
It is really hard to predict which way the market is going right now there is some movement on BTC like $500 or more in just hours. I guess it has something to do with Futures/contract/ leverage trading. I hope there is no manipulation.
It is really hard to predict which way the market is going right now there is some movement on BTC like $500 or more in just hours. I guess it has something to do with Futures/contract/ leverage trading. I hope there is no manipulation.
The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
What do you think? Is it a smart move at this time?
I think now is the right time to buy, because almost all crypto is falling. This is a good opportunity. In this month the price of Bitcoin has fallen from the price of $ 8000 to $ 5000. And now the price is still at $ 5,000. This means that this is a good opportunity to buy. In one day the price of Bitcoin fell and increased between 10%.
Jump to: