I think if you are true supporter of the tech and your coin then you should always buy the crashes like happened today this will help support the price but as a result you would have accumulated more coins and your average entry price would also improve so it is a win win for community members.
continuesly buying when market crashes was very dangerous if suddenly market have no confidence again and crypto market back to the beginning which is all price still in cents. we must wise when using our money to buying coins even it is bitcoin. no one give us guarantee that price will rebound and we get profit. 
Topic: What to do when price is dump?? - page 17. (Read 2803 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?
What do you think? Is it a smart move at this time?
This might be a good idea, but I do not work that way at all times. Yes, I agree with the fact that you should hold in Stablecoin, but when to get in again is what gives investors more tough time.
In my personal opinion, yes, the market might be ging downtrend, you do not just jump in because it has really gone down. No matter how much havoc has been caused, no matter how much the market has dumped, you should always look for stability.
most times, before any pump or dump, I have noticed that there would have been a stable point. Although it is not the perfect way of knowing when to move in, I have found it to work.
I think if you are true supporter of the tech and your coin then you should always buy the crashes like happened today this will help support the price but as a result you would have accumulated more coins and your average entry price would also improve so it is a win win for community members.
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?
The major problem is how to know when the dip will be over, most Atimes when bear sets in like this, the dip always gets deeper. The best thing do is to stay in your position and be hopeful the market picks back some traces as soon as possible or you tether and protect what you're having left. The downtrend is not being peculiar to just crypto market this time around but even other investments options.. I really hope some bull sets in any time soon What do you think? Is it a smart move at this time?
Having a patience to wait and to hold your cryptocurrencies is the best solution while the price of all cryptocurrency is dump because not waiting and selling your cryptocurrencies in a low price will only give you regrets, when the market suddenly increases it's price in the next few months.
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?
Well, probably a one of the good ideas out there. IMO, if you're confident enough with the market or you do not have anything else to do with your holding then probably your idea might suit you best, on the other hand if you are not the typical type of person which I mention, in which you have bag of responsibilities with the crypto you are holding with, then converting it with stable coins might be the best idea that suits you. Regardless with these ideology, there were some other tips unmentioned here, but for whatever it is, as long as it don't impact you negatively then it could be a smart one, and you could take advantage with the market in this time not just by holding on your assets.
I think the attitude I took when that happened was to always be positive and still be grateful because prices only went down rather than lost portfolios. Next I take action to double-check the original plan / strategy, this serves to optimize profits and reduce the risk of losing money. Next I don't think it's against the market because it's very risky.
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?
Very nice suggestion here, and that is what I did today. I converted everything to USDT at around 7500$ because from the chart, the dump was imminent. I'll buy back when I think it's right, for now I'm still in USDT. I might decide to ride the leveraged tokens for max profit, but not with all my capital, just 10%. Knowing the right time to enter the market after converting to stable coin is important. What do you think? Is it a smart move at this time?
Waking up to such price crash this morning is not worth it. What to do in such times is to forget you actually dis invest that's why stop loss some times is the best friend of every trader or investor. Btc lost over 50% value today.
right, be patient and keep holding your coins until the price goes back up. I myself still hold BTC because I bought it at a cheap price a few minutes ago. If you buy at high prices continue to hold back until your capital returns, I hope traders do not panic in situations like this.
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?
But when you keep holding your coin expecting a bounce in the price and the price goes on decreasing furthermore, you would have no options left.
I bought bitcoins at 8.5K, didn't sold them when they reached over 10K and now they are down to 6K. What use would be to sell them for stable now.
I'd rather love to see them get a value of zero than selling them for a loss.
You have got a beautiful investment skill
But do you know that if you had sold bitcoin at 10k and bought back now
You would be 50% richer??
One of the core attributes of trader is knowing when to back off a trade and when to get in
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?
But when you keep holding your coin expecting a bounce in the price and the price goes on decreasing furthermore, you would have no options left.
I bought bitcoins at 8.5K, didn't sold them when they reached over 10K and now they are down to 6K. What use would be to sell them for stable now.
I'd rather love to see them get a value of zero than selling them for a loss.
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?
More of an option, when the market is dumped the only option is to hold your cryptocurrency since it is going to be a big loss if you are going to sell your holding if you buy that cryptocurrency at a higher price than when the market is at the dump. My suggestion is to invest more when the market is dumped but I think this could only work in bitcoin or other popular altcoins in the market like Ethereum, XRP, Bitcoin Cash, etc. because somehow they have volatility in the market can recover market price easily as time passes, comparing it to the other altcoins in the market which could go dump for eternity or simply just a dead coin. What do you think? Is it a smart move at this time?
It depends on which token/coin you are talking about. For example, if you are talking about coin like ETH, I would say hold and buy more when price goes dip. On the other hand, if you are talking about some shitcoins out there, I would suggest get rid of that. In such an bearish economy, it's possible to project get disappeared and you will be left 0 balance.
At times like this I think it's better to secure your assets or convert to a more stable USDT compared to holding it in crypto form because it's still hard to guess, just look at the market decline so badly that even to buy we have to do more research for fear of decline deeper
Even at huge loss? I am not sure and even I can bet it all for a loss. This will be a huge and regretting mistake once we convert our asset like that. Im not optimistic but I think I can wait until the situation goes lightly. Of course you cant easily turn down your asset like that. Im already beyond a tragic loss and minimizing it thru cashing out is not one of my choice. Yes market can be harsh but I still believe it will be okay. I will hold and relax for now. 
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?
If i was getting a loss and in this situation, i late to short the market and the only best thing that i can do just try to hodl my token in my wallet. Honestly, i have already prepared by converted a lot of my portfolios into the USDT and i have taken the correct decision in the past. If you were too late converting your token into the stable coin and you would not do that and that will only bring you to the lost. What do you think? Is it a smart move at this time?
Hodl is the best thing to do when you are too late dumping your token for the fiat token
right, be patient and keep holding your coins until the price goes back up. I myself still hold BTC because I bought it at a cheap price a few minutes ago. If you buy at high prices continue to hold back until your capital returns, I hope traders do not panic in situations like this.
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?
at moments like this, if you miss the opportunity to sell at the beginning of the fall, then it is a smartest move to buy more when the price is falling down, but wait a bit for a market to calm down, or buy several time to have better average, since this is shake-out and will not be permanent
of course, this is not a financial advise and prior to decision, you should make your own analysis
Depend on someone's situation, I mean at this time you will choose to hold because you choose the safe (although not guaranteed) way and you don't want to take more risk or it means you have bought bitcoin at the high price with the current price.
But for those who knows (base on their prediction) that the price will fall then I think when they sold their coins it will be fine, maybe they will buy back when the price is low so they will have more chance to gain profit.
When you are investing you should know and take the opportunity as much as possible. And the opportunity will come when you know the price movement and some strategy related to it. There is stable coin which can use as a safe place to store your asset when the crash come so you don't need to store your money into money fiat directly.
But for those who knows (base on their prediction) that the price will fall then I think when they sold their coins it will be fine, maybe they will buy back when the price is low so they will have more chance to gain profit.
When you are investing you should know and take the opportunity as much as possible. And the opportunity will come when you know the price movement and some strategy related to it. There is stable coin which can use as a safe place to store your asset when the crash come so you don't need to store your money into money fiat directly.
Yes, the situation on the cryptocurrency market is not very comforting. And now everyone is starting to panic. But in this situation, I act as follows. I carry out a thorough analysis of the market and become in a position of expectation as sooner or later the market will go up and then everything will continue. And all holders of large coins will receive their profit.
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?
smart move however you need to know there are still bottom or this is the last botton if you failed to calculate anything instead of buying you will stock on that price and will hard for you to buy back again.What do you think? Is it a smart move at this time?
The better things to do is sell it before the dump happen not when its already started.
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