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Title: How to cope with crypto bloodbath Post by: bitcoinfrings on January 31, 2018, 08:17:42 AM I have noticed how the crypto currencies have been nosediving in prices recently due to so many factors.. but my honest advice to cryptopians is that don't loose focus,hold unto your cryptos because the market is trying to shake off the faint hearted..
Title: Re: How to cope with crypto bloodbath Post by: Pursuer on January 31, 2018, 08:21:29 AM since you are talking about all crypto not just bitcoin I have to say holding onto them is not always the best choice. because most of them will fall and continue falling and may never even recover. and it has nothing to do with the current situation of the market. most of the altcoins are purely for pump and dump and that happens when they reach the maximum potential: they start getting dumped. you should never hold any of these any longer than their pump lasts.
as for bitcoin, it is very different. it has real potential of rise. it is getting adopted in the real world unlike altcoins which are only for speculations. and what you saw with the dip below $10k is mostly shorting and manipulation which shouldn't last long. Title: Re: How to cope with crypto bloodbath Post by: Tashi on January 31, 2018, 08:28:03 AM but my honest advice to cryptopians is that don't loose focus,hold unto your cryptos because the market is trying to shake off the faint hearted.. This is very generic to what you will do during bloodbath. And just another tip guys, buy during bloodbath especially when it is reigning so low. If we are talking about the position of your trades, it is a good opportunity.since you are talking about all crypto not just bitcoin I have to say holding onto them is not always the best choice. because most of them will fall and continue falling and may never even recover. and it has nothing to do with the current situation of the market. Yes, it will fall. But I believe that we still having bull run this Q1 of this year so JUST HODL and get a better position. as for bitcoin, it is very different. it has real potential of rise. it is getting adopted in the real world unlike altcoins which are only for speculations. and what you saw with the dip below $10k is mostly shorting and manipulation which shouldn't last long. as for bitcoin, it is very different. it has real potential of rise. it is getting adopted in the real world unlike altcoins which are only for speculations. and what you saw with the dip below $10k is mostly shorting and manipulation which shouldn't last long. Some alts have good potential in rising not just bitcoin but bitcoin has the best potential of it. Buy some alts that are strong such as ETH, NEO and many more.Title: Re: How to cope with crypto bloodbath Post by: antchains on January 31, 2018, 08:28:25 AM The truth is that Bitcoin is falling, scaring away those who are timid and not really investing in bitcoin, and can swipe Altcoin without tech support to leave cryptocurrencies with real coins.
Title: Re: How to cope with crypto bloodbath Post by: unsquidly on January 31, 2018, 08:28:44 AM It a market trend that is going. It takes time to handle new things to come up. It will take some time to get back on track, maybe it may drown for some time but the demand will definitely let it rise up.
Title: Re: How to cope with crypto bloodbath Post by: bitcoinfrings on January 31, 2018, 08:35:24 AM since you are talking about all crypto not just bitcoin I have to say holding onto them is not always the best choice. because most of them will fall and continue falling and may never even recover. and it has nothing to do with the current situation of the market. most of the altcoins are purely for pump and dump and that happens when they reach the maximum potential: they start getting dumped. you should never hold any of these any longer than their pump lasts. as for bitcoin, it is very different. it has real potential of rise. it is getting adopted in the real world unlike altcoins which are only for speculations. and what you saw with the dip below $10k is mostly shorting and manipulation which shouldn't last long. You have a point my post was basically for bitcoin,Eth and other top cryptos.. Title: Re: How to cope with crypto bloodbath Post by: spadormie on January 31, 2018, 08:37:47 AM The best way to cope during bloodbath or the downtrend of coins is to gather more coins. Opportunist are doing these kind of activity in order for them to accumulate more profits. And I acquired that knowledge right now so I am about to apply it :).
Title: Re: How to cope with crypto bloodbath Post by: Pursuer on January 31, 2018, 08:52:20 AM as for bitcoin, it is very different. it has real potential of rise. it is getting adopted in the real world unlike altcoins which are only for speculations. and what you saw with the dip below $10k is mostly shorting and manipulation which shouldn't last long. Some alts have good potential in rising not just bitcoin but bitcoin has the best potential of it. Buy some alts that are strong such as ETH, NEO and many more.well the important thing to keep in mind is that to invest if you really believe in the future of the "thing" you are investing in. it can be bitcoin, altcoins, gold, silver, real estate,... as long as you do some research and analysis and come up with a proper educated speculation then it is a good choice to invest in it. otherwise if people are just going to look at the numbers and the advertisement on the social media like reddit and telegram and invest based on them, they are walking into a trap to lose money. Title: Re: How to cope with crypto bloodbath Post by: xapwxrm5742 on January 31, 2018, 09:11:58 AM Converting encrypted currency to USDT is a risk-averse approach.
You can convert USDT to bitcoin when bitcoin prices fall. |