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Topic: When market on blood bath condition.what do you do? (Read 908 times)

member
Activity: 798
Merit: 14
When the market is on blood bath this is what I do;
I login to my exchanges
I hedge my most valuable portfolio to a stablecoin
I go for a vacation and forget about crypto for months
I come back after a long while and start shopping for quality coins that dipped during the blood bath
Rinse and repeat

so you are advising him to lose money buying shit coins??

ohh btw, you will be all the year on vacation. Because the bloodbath is permanently appearing
Your post got me laughing really hard. The bloodbath is permanent the question is will it ever end or is it permanent as you've said?
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I think it's better to hold any coins we have until the price can increase because we cannot make a profit and even we can get a loss.
Holding is for profit, when you dump, that's the only time you'll loss.
Why we hold now is because we will only be wasting our money at the ridiculous price, but we should not consider it real bad
because the moment we start holding, we already understand things right now could happen.
Before we decide to hold, I am sure that we know the risk of holding because no one will know when the price can increase again. Perhaps, we have a difference of the reason why we hold that coins but the point is we want to sell the coin when the price is high.

Quote
But if you are in urgent situations and you really need money, then I think you should sell the coins so you can fill your needs. Sometimes I did this, and although it's sad, I cannot do anything because my life is too important than to hold the coins.
That's because you invested all your money, am I right?
Investing needs to be based on what you can afford to loss only because if not, it will affect your investment's future, you don't want to sell at a loss
but because you don't have an option, you are force too..

I'm sure you'll blame yourself once price starts to rally.
Sorry to disappoint you, I never invest all my money in crypto Tongue
Many of my friends, cut losses their coins/tokens when they need to fill their daily life, or they are in urgent situations. Besides that, I never blame myself for the price starts to rally because I know the consequences of deciding to sell the coins and I can accept whatever it is.

I am sure that in the future, I can make another profit from another coin.
Sure you can but opportunity does not knock on your door all the time.
I am sure it will happen someday, I have much time to wait for that price increase again.
member
Activity: 924
Merit: 15
When the market is on blood bath this is what I do;
I login to my exchanges
I hedge my most valuable portfolio to a stablecoin
I go for a vacation and forget about crypto for months
I come back after a long while and start shopping for quality coins that dipped during the blood bath
Rinse and repeat

so you are advising him to lose money buying shit coins??

ohh btw, you will be all the year on vacation. Because the bloodbath is permanently appearing
member
Activity: 700
Merit: 11
When the market is on blood bath this is what I do;
I login to my exchanges
I hedge my most valuable portfolio to a stablecoin
I go for a vacation and forget about crypto for months
I come back after a long while and start shopping for quality coins that dipped during the blood bath
Rinse and repeat
member
Activity: 924
Merit: 15
if you haven't cut losses, now it's too late.

you have 2 options.

You believe in crypto, (which i dont btw) and hold your coins without a time-line. It can last 2 months or 10 years. My father lost 50% of it's money in the year 2008. And he hold his positions till now. 11 years after, we has not recovered almost nothing of the price it had. And i'm talking about a much more stable market as stock market. Ibex35, Nasdaq, Dow Jones, and others.

You don't believe in crypto , so you should sell now. Because, imo, the price is going to go way down. The market is in the worst condition ever. Moreover, in a few months, governments will begin to lay down their laws, legislations and taxes against crypto clearly, so the price is going to drop like mad.


My advice? leave now, and forget about crypto forever. This market is hugely manipulated. It doesn't deserve to survive anymore.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
What do you do when market on blood bath condition like now.sell your fund ,your crypto or buy some crypto coin and hold it,
What your recommended when crypto down price and some ico project failed..

keep observing and analyzing market conditions regularly. because crypto is volatile where prices can change significantly over time, so as often as possible pay attention to price movements. You can also do short-term trading by investing in stable coins in the market when the profits that you get are enough as you expect, you can immediately sell them and reinvest.
member
Activity: 111
Merit: 12
🔰FERRUM NETWORK🔰
When the market is like a bloodbath, but you know for sure that cryptoactive assets are the future, you see infrastructure expanding exponentially, keep your assets and actively buy promising projects at the bottom to diversify your portfolio. buy popcorn study projects. Increase the level of education in the cryptosphere. Wait. Wait. it will be green. It is so arranged. And experts earn good money in a falling market.
sr. member
Activity: 620
Merit: 250
Be patient, wait and keep holding, if possible, buy some crypto, which makes it possible in the future to have high prices and can generate big profits. Maybe that's what can be done now where the market is red.
full member
Activity: 868
Merit: 100
I normally buy the coins which once I wanted to buy but couldn't due to spiked price; and for the ones I already have I continue to hold.

Patience plays a very important role here.
jr. member
Activity: 294
Merit: 1
There are not many options when this happens on the market, personally, I just hold the coins until they reach the ICO price!
sr. member
Activity: 2030
Merit: 269
What do you do when market on blood bath condition like now.sell your fund ,your crypto or buy some crypto coin and hold it,
What your recommended when crypto down price and some ico project failed..


Like all the other are doing I just wait and see what's going to happen in the cryptoworld and checking the market price if it is still going down, or there is some sign that Bull run is coming, it's been a long wait and sometimes I lose my patience.
member
Activity: 756
Merit: 14
Whenever market turn to bloodbath I always try to get more coins even if its just 1$ plus worth of coins ,getting coins at cheaper rate is the best if you have the cash but the best way is to always be prepared for bloothbath by buying some usdt before blood bath takes place
member
Activity: 392
Merit: 10
simply getting the job done
I always hold my coin and no reason for me to sell it. I am buying some coin for invest and only coins which  have the potential to rise.
member
Activity: 476
Merit: 10
Files.fm - Store, Share and Sell Files
There are a few coins that I'm very hopeful of if the coins start to rise. I made my investment in these coins, I expect to increase. Continuous buy-sell is harming.
member
Activity: 798
Merit: 14
If I have more funds, I keep buying the fucking dip. It's always advisable, to have reserved funds for such a period selling during blood bath is good to help mitigate ones loss but if one is in much loss better to sold still average down to cover up loss
member
Activity: 742
Merit: 21
Be the reason someone smiles today
As long as you are still a crypto believer there is no reason to panic no matter what happens to the price on short-middle term.

If price goes up, be happy for the holdings you already have.  Price goes down, see this an opportunity to accumulate more with discount.
jr. member
Activity: 145
Merit: 1
When the crypto price drops, of course the best choice is to buy it at a low price. Then we can hold the altcoin that we bought until the market conditions stabilized and began to show an increase. Selling only will make us lose, so buying and holding is the best choice.
legendary
Activity: 3108
Merit: 1029
I keep holding my coins because i think it's too late to cut loss if the value already lost more than 100%. Also, due to the long bearish trend, i decided to daytrading some of mine.
When you are trying to cutloss your investment this time and it has a lot of possibility for you to lose it. So far the market looks very stable in this quarter and there will be no a lot of increase. Next year we will see another bullish trend again. I have been doing day trading too.
member
Activity: 686
Merit: 39
I keep holding my coins because i think it's too late to cut loss if the value already lost more than 100%. Also, due to the long bearish trend, i decided to daytrading some of mine.
member
Activity: 653
Merit: 10
Last year bitcoin have growing up price at the middle year about March and April months, will be the same thing for bitcoin growing up again at next month or not, we will wait it for bitcoin raised up to higher price.
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