I have an altcoin from bounty campaign that went on a pum-and-dump scheme and so i never hold on to it and just sell it. Luckily for me, i made the right decision because the team behind the altcoin seems to abandon it already and the price got stuck at 0.0000xx$.
Topic: What would you do if the altcoin price dumped? - page 19. (Read 3564 times)
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?
Because alt coins give so much opportunity for financial growth and advancement that the risk no longer matters to people. Everyone would like to earn more and more so they just keep pushing forward with crypto.
Recently, with the continuous fluctuation and decline of the market, many people have chosen to give up all kinds of token.
I hate to be a typical "hodler" but if you lost a big portion of your altcoin value during a dip, then most likely you are better off to hang onto it. If you are holding a quality altcoin then chances are it will regain the most of it's value when the market takes a turn up. It's always hard to see your portfolio down, but most of my bad decisions have been made because I wanted to move out of my position to quickly. Take a strategy, figure out what your fundamentals are, and stick with it, no matter what.
i think if the altcoin price is dumped, i will hold and wait.
and i will take this opportunity to buy another coins which i think have a great future.
and i will take this opportunity to buy another coins which i think have a great future.
I think in that case I'll try to cash out altcoin to USDT as soon as possible then I'll wait to buy it back later when price dumped to lower 
. But if I can't catch that goog time to cash out to USDT so I think there is no better way than holding and wait until price of altcoin rise back
. But if I can't catch that goog time to cash out to USDT so I think there is no better way than holding and wait until price of altcoin rise back
I have many cryptocurrencies in my holdings whose prices have dumped. But I just hold it as based on observations of the life of most crypto, after the price dump, price will slowly stabilize and steadily rise. If your patient enough you will get a bigger price during this increase.
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?
i will look for potential altcoin and invested on it, but with market condition like this maybe with only a little capital only. maybe the target is long term investment because in one day it will pumped and i can take profit with that
Yeah I've been hit quite hard by the correction in terms of alts, but that's just the way of the market. Generally when there's a bull run alts come back harder, so it kind of evens itself out in the long run. I'm hoping it keeps being the case for my own sake anyway lol.
At present, altcoins rates have been decreasing recently. So the first thing I did when I heard the altcoins exchange rate was to exchange the entire altcoins to USDT then wait until the exchange rate hit bottom and continue to invest more to make a profit when that crypto rate recovers. That's my way of fixing it every time the altcoins rate drops.
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?
Altcoins are potentially great investments because they have more chance to grow. Small value coins can easily double in price which compared to bitcoin doubling price, is very difficult. When altcoins dump, don't worry. As long as you did research and believe in the value of your coin then it should very soon go up again. Pumps and dumps are part of altcoin market cycles, learn to profit from it, not get beaten by it.
If price of altcoin is dumped, only two things could happen. Either it will recover or dive more, so keep on monitoring on the situation don't wait that you loss all your token. If you see that collapse of this altcoin is imminent sell it right away atleast you save some rather than losing all. But if you feel market will recover wait for the right time before selling it.
Nothing. I have enough popcorn to wait and watch the market. If i didnt put stop loss it is too late to sell a dumped altcoin. All i can do is waiting.
If you do not have a trading strategy and you do not fix losses at -10, -20% of your deposit, you need to wait until the bearish trend is over and reinvest.
I for myself have already decided as soon as the market goes into growth I will exchange the unpromising altcoyins that lie in my portfolio on the EOS. During the dump, I'll take a wait-and-see attitude.
I`m not doing nothing extraordinary, just waiting with hope that my coins will gain some value soon, it depends hard on the projects that they represent and how they are developing also. Not only on the market state.
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?
Altcoins are potentially great investments because they have more chance to grow. Small value coins can easily double in price which compared to bitcoin doubling price, is very difficult. When altcoins dump, don't worry. As long as you did research and believe in the value of your coin then it should very soon go up again. Pumps and dumps are part of altcoin market cycles, learn to profit from it, not get beaten by it.
Best regards
I think that everything will go well, only this takes some time. Let's hope that until the end of the year everything is normal!
Altcoins are valuable coins that could provide an increase in fiat for as many who are either bounty campaign hunters ,crypto traders and investors. Altcoin price value in the market is very essential in determining the profit that crypto lovers will make. Whenever I see that there is a dump in the market price value of altcoins, I always prefer to hold my altcoins. Holding is the basic option for me when there is a dump in price of altcoin. In order to make tangible profits in crypto, everyone needs to embrace the principle of holding. Even now that the price of altcoin has gone down in the market, I am still holding my altcoins and I will keep holding until there is a rise in the price.
I don't invest long term in alts especially with low volume coins, because it can easily pumped by whales but also can dumped it and your trade will get stuck because you don't want to lose your investment.
So far I have not done anything with my altcoins, they are lying on my wallet and that's all. To sell them now there is no sense, because the price for them and so below is nowhere, and in general the market sank and everything costs, let's say, inexpensively. Because they are still on their wallet and are waiting for their time. They will rise in price, then I will look and think about what to do with them. But I do not really recommend selling now.
This is what I think too. There is nothing that I would be able to do if the prices of the coin dumps other than just waiting it out. If the price does not go up there would be no need for me to sell seeing as I would be selling at a loss which will affect me. Before I invested in my altcoins I knew there was a possibility that the prices would dump. Jump to: