Bitcoin Forum

Friends what will you do with your cryptoassets?

Nothing can be done here. I'm getting out. Maybe if will fall to $2000 indeed. I'm moving out my money to USDT and wait til the price dip to less than a $2k I guess. I'd have to sell. I need money anyway the coins I got from bounties will still be here anyway. You guys should help bitcoin drop to $2000. Let's make this happen let's help the pumpers get as much btc they got if they want it.  ;D

All the best if you can think that it can fall till 2k. People are buying on this drop as they feel that it is the golden opportunity given to use before the rise happens. People can make both short and long term gains rather than waiting till the new rise to happen or fall till 2 - 3k which might not happen only. Converting all the coins to USD as per me was wrong decision  unless you still ended up in profits.

There are only two ways to do with your assets:

[1] HODL - there's no need to dump your coins just because the price is going down. Much better to continue to hodl and let it sit in your wallet. Besides, you're not losing any money if you just continue to hodl on it.

[2] Accumulate - Take his opportunity increase your crypto assets. Specially if you're here for the long haul. Coins are very cheap today so take advantage of the situation and long at your investments for long term.

I'll do nothing, I'll keep on holding and just like the usual practice that I do everytime. There's higher fall in the past so this fall that we are experience now is just beneath of it. Don't be a panic seller and don't worry too much, crypto is here to stay and to reach new levels we need to get through with this. After we pass this fall, the greater days are about to come just like what happened on 2017 which almost every month the price of each coin is pumping.

I will returned the question:

What if someone told you to dump because there will be another doomed, you will dump?

What if someone told you to buy more, you will really buy more?

It's for us to decide. We have different ways and approach on the current trend that is happening. Different strategy by different persons are applied here. There are also lots of plans in different cases that will happened by now. Following other advices might be risky as it's still way better to trust your own judgement about the current situation.

Yes bitcoin falling as a rocket motion, everybody worried about falling price because many investors holding their bitcoin when bitcoin price highest, but now bitcoin is ground...

that's the right time to buy when the market going up you will make a highest profit which will be soon :)

For the moment i just Hodl ! But in the future if the price will still falling down i will buy some coins, right now i am just waiting to see how low can the price will go...

Nothing. Hope for better days. Trying to stay optimistic that it's only a 12% drop which may be recovered soon.
It looks this bad because for a long period the fluctuations were tiny. Bitcoin had worse times after its ATH.

However, don't base your investment decisions on what random people writes on the internet; you know that, right?

Time to start buying at lower price and on some recovery you can just sell this fresh buying and make some quick profits. While rest of the coins you can continue to hold it as selling in this deep red losses would just hurt you and then you would see market to rise and it will be double loss for you if you sell it now.

Actually I'm a little hesitant to say 'this is the best time to buy' and also at the price of $ 6400- $ 6500 we still say this is a good time to buy while we still have tomorrow that we don't know yet. It would be great to say that 'this is a good time to buy' if on this day there is a signal that bitcoin will increase, even though we cannot fully correct that information.

What can you do on all circumstance that you would faced-off?

When theres a dump then Hold.
When theres a pump then sell off.

These are only the common things and each action would vary on each individual.

It is indeed good time to buy and make quick profits. People are making short term profits while buying at this levels and sell at 6 - 7k once it reaches at that level. This is really good time to even average out your price if bought at higher levels and books profits once the bull run begins.

You should sell your bounty tokens since you didn't capitalize that rather than selling bitcoin especially if you bought at $6500, it isn't a good idea to cut lose.
Though I'm quietly watching this bch drama to be over, and just waiting to pump btc again. Likely having a profit with few hundred dollars is totally fine with me.

If you invested what you can afford to use, the answer is simple:  HODL

If you do HODL there is an excellent chance you will be greatly rewarded by a high rise in value in the coming several years.  If you sell out now there is no chance of you getting in on this great potential.

far away from exchange right now
close your eye and play game with your friend. or go to your girl friend and making love with him, open exchange market next month or year, price crypto currency will be make your happy.

Lol. You mean to say stay away from coinmarketcap and get yourself busy.  ;D. To be honest, I'm a big nervous, but I can't do anything but to wait for the market to have a reversal.

And yes, I might not check the price regularly and be back to the drawing board. I mean everyone should look long term here. So probably just sit back and relax and wait for the bull run next year.

I am glad that i hold no crypto assets this year. I had some investment in ICOs but now they all seems to be gone. 🙁😭😢

If you have been holding through all the downtrend, don't stop holding. If you have some extra cash somewhere, take advantage of the dips and make sure you are only buy the coins with great potentials as that is how you will be able to get something tangible out of the market in the long run. Promos like this are just for a while, they don't last forever, so, if you are smart, you obviously want to be taking advantage of what you have at hand right now. One thing is certain for me right now, even if bitcoin drops far way below $5000, I will so much be rushing it.

Must be a right suggestion. It would be too good if we forget what are crypto assets, we are holding. You come up with few right examples. I guess most people here will definitely follow that. Trust me, I am already doing these as I am holding my 2014 crypto earning till now. I am already in profits hence continuing my holding is not a big deal for me.

If I find out that this price decline will occur, I might sell it first. However, I didn't comply every news that came so I didn't expect prices to continue to decline. There is nothing to do with the situation that I experienced other than holding, and maybe I can't decide to buy bitcoin or altcoin at the moment. 2018 has provided many lessons, many people think that the price of bitcoin has been at the lowest price, but only a few months after the price has declined again.

I chose to withdraw all my assets and stop all my trading activities. I did not find another way to keep my assets in exchange. this is terrible all altcoin dumps are very deep ...

Lol, some people are funny saying they are running out. I’m not going to do that, these are the trying times when many will panic sell and price will fall heavily. After all this, the bull run will get in and I will be sorry for those of you will come to the forum to complain of missing opportunities and asking if there will be any opportunity left. You better have patience and hold onto it now, cause this is likely to be the last you will see a Bull and the way I’m seeing it, this next bull run is likely to reach $70,000 or even above that. Even if it doesn’t get to that, it will still get to a number that is close to it.

It is pretty simple, once you know the future potential of what you are holding, you will always know the right decision to make. So far, what most people have always been after is the spikes and quick gain, not the long term potential with real life usage, which is why they can never see opportunity in a market like this when it comes to buying the dips when all they can be busy thinking of is how much they have lost, which actually, as long as you have not sold at loss, you are not losing anything and basically what the institutions want is too scare out the weak hands, but for those who are smart, I am sure, they have figured out already what they should be doing.

Let me add to that. While holding, if you have more to be able to invest which you can afford to at the dip, then you should better be taking advantage of the dip as well as you would wish you actually ended up buying more at the dip once the market recovers.

The issue with a lot of people right now is that they are not sure of what the future holds, but as long as they realize that there is a great potential for this market in the long run, they will really have nothing to be worried about and all they will just basically do is to take advantage of every market situation to be in their favor in the long run.

yeah play with your girl friend, making love or anything, look like price grow up right now

This is the worse downfall that we have for this year and it's has no indicator that this will stop and rise afterwards. I still have patience left to hold my funds but I don't know when this will last. Indeed we need to increase our funds while still at lower price to reduce the capital index.

Record falling, nothing can do, in cryptocurrency market patients is a novel virtue. Only patients and holding are two main target. Expert assure that market will comeback soon.

I don’t know what to do yet, but I think I will have to wait till after December if that’s when it will drop to the bottom, so I can buy and wait for the bull run. Although one problem with Bitcoin is that you never know when it is at the bottom, it keeps on surprising people all the time.

I have been watching the price steady and setting price alerts to know when things changes. But I think I have to buy now that the price is at $4000+,so the bull doesn’t take me by surprise.

Because of the bear market, the only way I can do to my crypto assets is to hodl it and wait until its value rises again. I am a patient person.

At least, if you are a long term investor, the only thing to be doing now if you know you cannot control your emotions is to make sure you are off the charts and you really do not have anything doing at all with it at the moment, but that does not mean you should stay away from the news, to at least keep tabs with what is going on, so you can at least even have an idea once the market is showing good sign of recovery.

At this stage now, if you are not bold enough to focus on the future, you might end up making some mistakes you would not like later on.

Obviously such drops are really stressful, no wonder why people start creating such topics: it raises panic and uncertainty.

In this situation I choose to accumulate, the price will eventually come back. It will take some time and most likely won`t happen this year, so brace for 2019.

What if Bitcoin did not drop to 2,000 USD?
What once you get out the market recover and the price climb to 10K USD?
will you buy back at that huge price? or will just go away?

For me this is the time to hold your assets and if you can buy more.

I know for sure that I will not sell my funds. Whatever happens. I'm ready for the fact that I can lose everything. But I believe that I will get more if I wait.

Well you then made some wise decision. But I hope you have started buying back the crypto now with the prices being so low and you would not like to miss this buying opportunity before the price take off and become expensive again and you regret of being selling all the assets before and not buying now.

There are still ways you can benefit from a falling market, lots of ways you can do that. Sometimes instead of you selling your crypto assets, it’s best to pinpoint the strong opportunities. You van as well buy the dip, but in case you don’t know, nobody knows when it’s actually a deep, you can’t tell exactly. All you just have to do is buy whenever you think it is low and hold till there is change in the market.

Always the best step to be taking, when it comes to the market in a downtrend like this. We have seen the same happened before back in 2013/2014, so practically; let's just assume this is another long bear trend for accumulation as the case may be.

This time around though, I see a lot of things happening pretty fast as time goes on, which has a lot to do with more institutional entries, regulations, and possible usage over time with bitcoin LN scaling. I know it is a lot to take in at once for now, but there is a great future for this market, so having a chance to buy in at the prices now is not a bad idea at all.

Maybe hesitation time for what to do. maybe I am not right or maybe unlucky but I did nothing with my coin, just holding and holding. Yes I am upset watching the market price but there are no others way without holding.

when the market becomes blood red like this, all I can do is monitor assets, there are some coins that I have to cut and move to FIAT, there is someone I cut to buy another major coin at a good price. scalping is actually relatively profitable but the risk is also very large under these conditions

in 2018 bitcoin has provided many lessons for all crypto holders because prices fell far to reach $ 3800 and many FUDs occurred and uncertainties caused by ETFs and other problems. if you want to invest then do it now because you will buy very cheap and will be a good capital for long-term investment

When it fells one thing should be remembered is that their is a huge opportunity to buy the coins at lower rate and as bitcoin always bounce back this is the time where you can make money during the rise and help you become more wealthier or at least recover the losses.

Sell it. As an investor you should be mature enough to accept losses and start a new investment at the start you should be aware that not because you invest, you're going to earn risk is always present.

So instead of waiting for it to recover i should just accept my lost, invest to a new coin and do a day trading and recover my lost. Because if I Hold my current assets there's a chance that it might lose further its value, isn't?

For me much better to do it earlier than waiting until the value fall deeper, there are many investors taking early selling that is why the value is continuous dropping and they are waiting for the big changes in the value before buying bitcoin again, as of now i am still praying that value will recover sooner and it would be a Christmas gift to all of us.

I believe for anyone who can study the market, you can just simply follow the whales when trying to invest long into the market as well. Just watch out for the huge bounce back with volume and I am sure, you won't miss when you should be getting in.

Price action right now is necessary, the market could still have a good chance of going lower at least up to $3k and even if there ends up being more, it would be to just buy more as time goes on. It is not a bad idea for accumulation right now, which is something I expect most people to be doing now anyway.

Trust bro, I would not be surprised if we get to see a lot of people in this space right now doing that. When the market starts showing signs of recovery and probably has bounced to the level of $10k and some have sold at the dip at loss, and still out, that is when you will start seeing threads like should I be buying now, as I have missed the dip? ;D

Anyone that does not know what to be doing at this point in the market right now which is either to be holding or buying more, I wonder when they will get to figure that out eventually.

I consider myself a long term holder and to this date I have not sold my bitcoin so even with this crash I am not going to begin to do it, and the reason for me is simple even if the price of bitcoin is completely unpredictable in the short term there is some predictability on its long term movements and it is obvious to me the price of 20000 is not going to be the highest price that bitcoin will reach.

I'm long time with Bitcoin and I have no intentions to quit now. I consider myself to be long term supporter that is well aware good and bad moments that Bitcoin had and will have in the future and my suggestion is to keep holding.
This is not the last bad situation for Bitcoin users and probably not even the worst but everyone has to find it's own goal and own strategy with Bitcoin and hold to that. Be prepared for every scenario and always calculate the risk but don't give up.

  While we are speculating about is it a record or not, you can take a look on this:
https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/bitcoin-btc-price-corrections-history.jpg
  Same things happened before, and maybe will happen again in the future, or not! I`m buying more,
that`s what I`m doing. In some way I hope this dip will last for a while. I don`t have huge amounts to invest,
I`m doing that little by little, when I have some extra money. This dip will not last forever, so I will try to
take the best from it.

Well the best we can do to our crypto assets is to hold and grab the opportunity to buy more in the market because this time is great time to buy more crypto coins. And be calm to what happening in the market specifically in bitcoin price.

I don't do anything, I'm still holding back all the bitcoins that I have. there is someone who intentionally created this condition to get bitcoin at a cheap price.

When the market drops you can hold rather than selling at a low price. We could wait to sell when the price increase and we already earn profit. Don’t panic and be calm in this situation.

The only way and better to do right now is to hold our bitcoin and coins because we will earn more money once unity of investor will start.  Better to don't sell it because you lose money but if you are going still keep that , that is very nice for you and for us.

It will remain stored in my qt wallet.

I will start selling little bits of it, when it reaches a price around 35k.

this falling is not a record. Not even close. Please look at the chart and you are going to understand what I mean. By the way, I hope the trend was reversed.

https://www.tradingview.com/x/8HvdxBTj/

there is nothing I can do, just waiting for everything to recover. and if I sell bitcoin and ethereum at this time. that's ridiculous. because the value has lost more than 90%.
I took great speculation between surviving or missing. it's about what you understand and I'm sure everything's back, it looks like the market is growing again today.

Very nice that you found this table. It shows very clearly that the price of Bitcoin has been in very similar situations many times in the past. I understand that everyone is disappointed with such large price drops in the entire cryptocurrency market, but we must understand and accept that this is a high-risk market and things like this happen.

Riiiiight. So people have to prepare for various scenarios before they make an investment hence again the importance of making your own research and studies. People who are looking at the bigger picture are probably less concerned and are even seeing something positive to come out of this steep drop.

I am saving that table for future reference, to me the most important aspect of that table is the crash in 2015 and how it took a huge amount of time for the correction to be complete, it took more than a year and the price crashed more than 80%, we are seeing the same thing happening again, so this is nothing new and all of those that sell their coins will regret it in the future.

Always make plans ahead, so that you don’t get confused when things like this are happening. It’s best to take actions early, have it in mind what to do every time, whether to sell your Bitcoins at a certain rate when the price starts to fall or to continue holding it till there is a change in the market. If you have lost a lot, then its best to just leave your money there, cause selling it won’t make any sense.

Yes. Learn from your mistakes. That's rule number one. Everyone had their own story in this year (and maybe lets add in last years December into that) and we all lived in a different life in a different situation so what I learned this year doesn't really mean anything to you because what I learned is so much different and doesn't apply to what you have been this year.

Hence, everyone had their own mistakes and their own problems and all should learn from it. If you can go back to the whole year and without any hype or emotions just check without any doubt what you did wrong and where you did wrong, you can improve it next year. Even if 2019 is not a good year, you have been in a bad year and learned from your mistakes so your 2019 will be alright without any mistake you already know how to avoid.

I have gotten out since earlier this year and was planning to buy when the price was sold at $6000 but surprisingly it dropped to $5,000 so I didn’t buy again, I decided to wait a bit and now it’s already at the price of $3,800. I don’t know if it’s still going to drop or not, but I don’t really see anything wrong with buying now, it might be the perfect time. But I will still wait a bit.

This seems to be correct, when you invest in anything you need to have a very clear exit strategy, at best most people only plan about what they are going to do if the asset in which they invested goes up, but the most important thing is to plan what you are going to do if things do not go the way you plan them, because it is in those moments where you have a chance of losing money and you need to be prepared to cut your losses.