Topic: What will happen tomorrow when the stock markets worldwide crash again? - page 2. (Read 541 times)

It will take some time and it's really difficult to handle situations if you are not that much familiar with how the market runs. The volatility will beat you up as the more you see the market falls the more you desire to let go. There's a need of deeper long patience here knowing that there are influences that affecting the market especially this pandemic virus that's still spreading all over the world.

Well, no one can tell in which direction the price of Bitcoin can go. Actually I am in shocked when I woke up last Friday dated March 13, 2020 which is the first Friday the 13th of the year waking up that the price of Bitcoin hit very low from $8,000 down to $6,000 in just an overtime span. But I have soon to realize that this might be the effect of the panic of the people because of the Coronavirus that is spreading at a fast rate affecting many people world wide. But instead of coming up into a panic, I remain calm because being into panic will not help the price to rise up once again and can just give me stress.

I don't think that Bitcoin's price can go deeper into its current price which is $5000+ as of the moment down to $3,000 as what you have expected because there are still incoming volume of demands for Bitcoin usage that is resisting for the price not to go down any further.

In the case of Altcoins, if I were you, I will just keep on holding into it and will not make a move to sell it instead I would grab this opportunity to buy more potential and good Altcoins to hold while the price is still cheap and affordable so that when the price goes up once the market have recovered from its great loss after this matter with Coronavirus have been resolved, I will be benefited because I have managed to store good and potential cryptocurrency coins that will bring profit for me. At this point of time, together with keeping ourselves safe and secure from the virus, we must also do not let ourselves feel panic to avoid doing unnecessary things like doing impulsive decisions. Better keep calm and hold all your cryptocurrencies and just hope for the best thing to happen not just for crypto but as well as for the health care of the whole world.

I can suggest you to be in USDT and wait for a specific time to buy as much coins as possible. We might experience a major dump soon which would then be followed by a pump and prices would start getting back on routine. There has been high volatility in the price for bitcoins which has even made a lot of positions getting liquidated on bitmex as well as binance and bybit which is continuously driving the price on the dip.

A lot of big traders have already lost funds in trading which has demotivated others and they have maintained a distance from bitcoins in this time and hence the price is getting dumped. We would soon see each of the markets getting back to routine.

All financial instrument are connected, the effect like domino, one down another will also falls. That is general prediction could happen but don't panic, you only need to see your stop loss or cut loss, hold is not an option. If far away from stop loss just wait but if reach it never wait to cut loss, that's is your safety and right thing to do. Want more safe just sell all coin you have switch into currency and wait until halving, your choice.

Selling when prices are falling is not the right decision. The conditions experienced by the crypto market today are also experienced by other financial markets and I think this event is only temporary and will recover quickly. Be patient and take advantage by buying good coins at low prices, in my opinion is a good and profitable decision

Even many newbies are been involved in the recent dump and I personally noticed some of the newbies selling bitcoins in few minutes after they bought just because they constantly hit their stop loss. The price for bitcoins is rapidly on an descending graph for the current times and hence I feel like most of the professional traders are out of the markets.

The TA isn't working on bitcoins anymore as the current market situations are violating the basic TA rules. Fundamental analysis can predict that the price for bitcoins might experience a major coming dump and the price might be touched to the bottom of $4000 which would take some huge time in recovering but when more people get into FOMO of current cheaper prices of bitcoins, then we may see $10k levels as quick as how it had fallen.

Hm I'm impressed that this is coming from a newbie, I'm sure you've done your homework right, many newbies can't take it to see Bitcoin bleeding simply because they don't understand the technology, this can take longer but things will change for sure

Possible further dumps in price? Well this is not the end of crypto, infact it's just the very beginning, stay strong and endure, if you can't you should leave right now with your loss, Coronavirus caused all this and it won't last forever

H O D L like everyone else. I dont think BTC will go down that far... Halving is almost near. BTC will make a comeback.

Selling coins or tokens that we have when the market conditions are not good in my opinion is the wrong action. The current condition of the cryptocurrency market is also experienced by the stock market or other capital markets so that the crypto market will recover even maybe it can jump higher than before

As you said, bitcoin will decline as well when the stock market goes down but I can't do anything and can only secure my assets to a more stable one than crypto, at a time when conditions like this are far risky if I hold bitcoin but I will wait bitcoin fell to the bottom again and will buy for the future but at the moment I have not yet thought to buy because bitcoin will fall again.

If the world market will fall, all of them will fall.

Dont sell it if youre gonna bleed so much with your loses. Its a risk of holding crypto and if you want to get even or earned from it, buy now, since its worth buying.

Market has been devastated already I dont think whales gonna put more show to drag it. Investors all over thr globe are just there and waiting and I believe it will be soon recover in line with the upcoming halving. Slowly but surely is better than a very volatile movement.

There is high chance that things will happen as you say but what if it doesn't ? You can lose out of you sell all your coins and market failed to crash, it's your coins and you are the only one who can make decision here, I honestly don't let this market bother me, I leave my coins in my wallet

Yes, that's right, even though a good opportunity was already very open when bitcoin experienced a very cheap price drop, but what I saw some people instead chose to withdraw their assets from crypto for fear of the corona virus that was ravaging the region.

this is only for worste case scenario . Well its actually possible but if the virus will stop and many people recover and the covin19 completely gone .then vice versa will happen it will make the price more stable and we can see another green light in the market.

The selling trend is because of the lost income from stocks and other market because of panic.

If you are afraid that BTC will fall to $ 3k you can sell it today and the price is still around $ 5.3k.

Of course altcoin will fall even deeper if BTC continues to fall.

All you have to do is don't hold BTC or altcoin, you only need FIAT or syablecoin to make it safer. BTC and altcoin have risks with high price votivity.

Don't panic too much, make sure your goals hold BTC or altcoin, if you do cutloss you will only waste your money. it's not good for you.

 Obviously, if the stocks will go crash, our economy will also go down again. As well as cryptocurren. Especially that we are suffering from pandemic issues, thus that scenario will possibly happen.
 
 
 We have seen bitcoin last year in $3,000. Why would we panic? If bitcoin will gonna hit that again, we all have a choice to hold and to buy more bitcoin and some other altcoins.
 
 
 It's your own decision.
 If you'll gonna sell it, you'll be deficit. If you will hold and wait for some recovery, you can still benefit from it.
 The problem I am seeing with you is you are lack of Patience and you are Panicking. Have you ever try to chill and wait? We are in volatile market so anything is possible here.

Seeing the current market situation is indeed very terrible, but rest assured this is only a temporary panic caused by the corona virus but I personally believe this is temporary and will soon recover to normal prices especially Halving soon to arrive, why not buy while cheap

If there's a another big news like there was a chaos already because the virus keeps spreading and people are losing their jobs, they are committing crimes, looking for vaccine and food or whatever they need, maybe there's a huge panic again and the stock market will crash, so as BTC.

we are not only looking at $3000 here a possible dump below $1000 is possible.

If you are not in a big loss or even profit and you should at least put some of your altcoins into the USDT to secure your profit. I have been doing it and im still having reserved funds to counter the bearish market and that makes me possible to go to the market when we are on the bearish trend and i can even get a decent profit from here. If this pandemic will still spread even more and there was no chance to recover because people will try to save their lives.