what we can do now to minimize our losses other than saying the words HODLing as a community?
Topic: What we can do now other than saying HODL? - page 7. (Read 1721 times)
We can certainly be patient and don't ever get the idea to be panic in this situation. After all, our attempt of doing something won't be very significant to Bitcoin.
Agree with this. People who have been investing all their money on crypto is somewhat like a fruit picker who only has 1 tree to harvest, it does work for some point, but when the season ends, it's also the end for him. However, some people somehow manage to survive on investing only in crypto. How do they do that? Well, we're not really sure.
That is why it is not good to focus to only one business. Crypto business is good but then it is not always on our side all the time. It is not always harvest time. It is always advisable to have multiple sources of income and not just focus on crypto. Its good to have digital but its best also to have physical investments.
Agree with this. People who have been investing all their money on crypto is somewhat like a fruit picker who only has 1 tree to harvest, it does work for some point, but when the season ends, it's also the end for him. However, some people somehow manage to survive on investing only in crypto. How do they do that? Well, we're not really sure.
If you choose to sell your cryptocurrencies at this moment, you have most definitely lost money already. Your cryptocurrency can remain intact in your wallet if you have the patience and this can make you smile in the future. Always remember that the price of cryptocurrency will not keep falling.
Promoting bitcoin is a one major thing that most can do to provide benefits for both the currency and users instead of HODL but Current market prices are much low so most buy more and keep more holding until bitcoin reach its highest possible price with the hope the price will increase in the near future.
Even I am not a good short term trader so that is the only best thing even I can do to get significant profits and have heard many does that in large scale and in trading terms I think it is a good practice because when majority of selling due to the high price drop it is very easy to buy more for cheap price but it will never give anything more to bitcoin and its future so it will remain the same as before without any practical use so something different has to be done if this situation to change for better
Even I am not a good short term trader so that is the only best thing even I can do to get significant profits and have heard many does that in large scale and in trading terms I think it is a good practice because when majority of selling due to the high price drop it is very easy to buy more for cheap price but it will never give anything more to bitcoin and its future so it will remain the same as before without any practical use so something different has to be done if this situation to change for better
That is why it is not good to focus to only one business. Crypto business is good but then it is not always on our side all the time. It is not always harvest time. It is always advisable to have multiple sources of income and not just focus on crypto. Its good to have digital but its best also to have physical investments.
For the short term, there seems to be no hope, but you don't have capital. Because if you sell now, what you get is a big loss. Hope your colleagues have confidence in the process of growing bitcoin.
For the current situation it is indeed very terrible if we look at the Bitcoin market situation which is very sharply decreasing. Obviously if we experience buying at a high price and now the price is declining, the main key is to hold until the price rises again, but for Bitcoin it is very difficult to rise quickly if it has declined like now, but I am sure Bitcoin will not die, we must be patient with the current situation.
I believe that now is not profitable to sell your coins to lock in losses. The market will return, so now it is necessary to prepare for this. Dont panic. Take this situation as an opportunity to buy a promising cryptocurrency at a very favorable price.
Exactly.This time is not really a time of depression for us since we can turn this bearish moment into its advantage.Buy more potential coins while their prices are at their lowest.I think this bearish market is just temporary so we should grab all the chances today that will make us millionaires in the near future.
HODL is the only thing that can be done right now!
Extract the cryptocurrency into your local wallet and delete the exchange's app~
After a while, pay attention to the market of cryptocurrencies!
Extract the cryptocurrency into your local wallet and delete the exchange's app~
After a while, pay attention to the market of cryptocurrencies!
i think there is nothing than holding in this field, holding is the best way to earn good money.
unfortunately nothing else. we have to wait and believe in cryptocurrency and Bitcoin because we can’t influence the market
Because now bitcoin and Ethereum price is so cheap that we can't sell them at all. I decide to that I will hold my altcoins and bitcoins till 2019 February.
I believe that now is not profitable to sell your coins to lock in losses. The market will return, so now it is necessary to prepare for this. Dont panic. Take this situation as an opportunity to buy a promising cryptocurrency at a very favorable price.
Exactly.This time is not really a time of depression for us since we can turn this bearish moment into its advantage.Buy more potential coins while their prices are at their lowest.I think this bearish market is just temporary so we should grab all the chances today that will make us millionaires in the near future.
Many are worrying about the dumping of the bitcoin value. Yes the others including me and the big time investors didn't know on what is the right thing to do regarding of the continues falling of the value but the other we need to be patient and always taking a risk because in this year is the year of falling we hope that the next coming year it will rise again. We need to hold and invest because the value was fall and wait and hold for the coming year of rising.
I believe that now is not profitable to sell your coins to lock in losses. The market will return, so now it is necessary to prepare for this. Dont panic. Take this situation as an opportunity to buy a promising cryptocurrency at a very favorable price.
I have now transferred all my coins to bitcoin, as I am confident in it most of all and continue to hold it. I do not see the best options in this market situation. Only HODL and abstaining from any sales.
What else do we have to do? Just keep holding the coins and also buy some more coins if you have extra money as very low price allows you to do it quite profitably.
I don't think there are better options than to keep holding your coins. I am sure that the price will recover and grow, so do not sell bitcoin at such a low price.
One question we should always ask ourself is who buys when we dump, when bitcoin is dipping you find out that people are buying, you listen to FUD and dump who is the person that is buying from you? now the honest truth is you are actually selling your wealth to the whales. OK since you think bitcoin is dying why are the whales buying do you think they want to lose? Or you think you are wiser and smarter than them? the simple truth is that they understand the game more than you. But for me I'm not really after the value right now, I'm actually after the quantity ( the unit) for now the future will determine the value. Thank you
In my opinion, we, as a community, can really do nothing, moreover, in order not to sell our bitcoins. If the whales (or the whole community) now start buying thousands of Bitcoins, it can give a real impetus to the growth of prices. In the meantime, this doesn't happen, and we are in the situation that is today.
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