Well at the first place we should know what the fluctuating market is and volatility is. Market is down yes but not because people starts to lose interest but they are into mind strategies, we are currently on a bear market right now wherein the prices are low so as bitcoin. What the market need right now is a massive buy orders to get increase.
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The main feature of trader is patience. With own strategy it's not so important what happens on the market. Panic is a good chance to buy more coins that undervalued in that time. And it's a second what must have a good trader - own list of coins for purchase. And in this case panic don't make any influence ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) PATIENCE IS KEY. literally speaking patience will be more beneficial in the long run specially when it comes to cryptocurrecy. We cannot deny the fact that we do feel worry sometimes because of dips on our asset or in bitcoin generally but the thing with digital volatility will keep us alive. While some people are in panic, some are taking advantage of dumping keep that in mind.
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Not fully but we can do our job to motivate the world towards crypto and it is much easy that if wee convince others friends and relatives to invest in crypto to use for trading and invest their saving for better future now many importers are using this currency for buying and selling and it is the no 1 currency now in the world.
We can increase to a higher , a double price of any coin or really a 100% though it is quite impossible because of dumpers. Well, i guess to that so we need a continuous increasing price, no gap and no hang time even 0.1% in an hour to prevent dumps and it is hard to do especially when whales are playing games. Trader, investor and user should know how to behave when that happens.
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I am now confused, I want to ask you all, which one is better to buy altcoins or buy bitcoin, which can earn a lot, please give your answer
You do not have to be confused to choose what you want to buy. Make sure you buy both, because the investment rule in the market is never invest all your money into one altcoin. So let's control the investment by investing 50% in bitcoin and 50% in the altcoin you like. If you want a small trade profits then go with altcoins since it is abundant in the market. The thing about bitcoin is the volatility and time, timing of price wherein from 0 to 100 or 100 to 0, so called fluctuation. Both are profitable but then again the expected profit for bitcoin with a long time span is massive, just like last year's reached.
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#Proof of Authentication
joined twitter campaign
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That's right! and I added one more thing aside from be calm when the market falls we also must take the chance to buy those potential coins who suddenly got dumped its value, like Ethereum, Neo, Waves, Xrp, Bch, Utk, and etc and Quantum then hold until it get back again to its original price value or more.
Absolutely, instead of worrying about the failing market take advantage of it since the cryptocurrency's prices are quite low that time, make most of the time productive and well organized. Weak minds will tend to sell their assets in under pressure or frightened to not get their expected amount while great minds will just wait and study more of the market.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FALxTOwH.jpg&t=663&c=DmdkwqXksXX1Wg) Message me if you are interested
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Thank you so much greenplastic. It means so much to me and will mean even more to the quilter.
Wow so cool greenplastic
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I think that might be because there is no good news that can trigger investors to buy bitcoins, making it difficult for bitcoin prices to rise in price, but I don't think it will last long, there will certainly be good news that could trigger bitcoin prices to rise.
I agree with this. There is a conflict in between the beliefs of users and with the real capacity of bitcoin. People continuously doubt the improvement the bitcoin and give. In this way they probably do not want to invest more and more because of the volatility. We must consider that bitcoins market depends on its user. The more people engaged with it then the more people will benefit. Bitcoin will soon get what people wishes for.
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Stay calm, play dead and keep your eyes open for attractive valuations. A bear market can easyly make half from your portfolio and the worth thing that you can do is a panic sell.
This is somehow not possible for the newbies in the market and it is not possible for them to stay calm and wait for the market recovery. They rather sell low due to panic and this leads to loss. What a rational man should do is to hold the coins and wait for the market recover as the market recovers at some point in time like it started recovering in July. Moreover, we have an element of stability in the market right now and the price is also expected to rise, so it is a wise decision to invest and hold when the market is down. Yeah, definitely because beginners are not used to see a red market or bear market since they are just entered a while. Newbies should set a great mindset when it comes to volatility of the market, the fluctuation of the market is the real challenge to all. So i must say that holding is really the key if we want a successful trading process.
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What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets. I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?
Altcoins continue to be created every day and each competes with each other. I think the market is not ready to experience a big increase now. But I think fluctuations are a cycle, and in the future, some selected altcoins will actually return to their highest prices. This is true. This is the cycle of cryptocurrency. The market goes down and up, which is so called fluctuation. Investors and holder are waiting for a bull market in the following months. What we really need to do is to buy and hold not just wait and earn. Patience, timing and great mindset is what investors needed in order to gain the success.
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