Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
In situations like this it is indeed a confusing situation for us to make the next decision or step that we will take, sell or hold. If I am in a situation like that, I will do a first analysis of the coin, and estimate whether it is possible to recover and increase or not, then I make a decision that I think is right to do even if it is not in line with expectations. |
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Everyone has their own strategies and ways of deciding whether or not to sell coins they have. I myself will sell the coins that I have when the coin has given me an advantage and the profit I get is greater than my expenses. But, some people have the target they want to get and when it's not achieved, maybe they only get regrets.
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Recently there have been several news about Etherum falling or bitcoin dumping or more still an altcoin dying
The truth is newbies are been deceived to sell cheap or buy expensive
Newbies need to work and trust their research power and not be intimidated by any news
Yes, I agree with you, for newbie who have just joined the cryptocurrency, it's not easy to trust these things, don't panic. When you hear the news, don't rush to make a decision, find out for yourself whether what each person says is true or not and make the decision you will make to defend the coins you have. |
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While many of us wants to earn from cryptocurrency, we must also take into consideration of going through the process of learning about it of course. Learning is always the first step. As you can see there is "EARNING" in the word "LEARNING". So that's it, we have to learn if we want to earn.
Do you believe me? What do you say?
Yes, I agree with what you say. Learning is needed in cryptocurrency because if you don't know more about cryptocurrency and you only have confidence when you start investing in cryptocurrency, maybe all you get is failure. For those who just joined the cryptocurrency I suggest to learn more about cryptocurrency so that you are able to get what you want to get from it. |
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Its good to invest money in cryptos or to invest it in share market.Which one is good and which one is bad idea!!
Everyone has their own decisions and choices, good or bad ideas that depend on you seeing or judging both. So, you need to compare the level of risk between the two and the possibility of more promising benefits. If you think investing in cryptocurrency is very profitable, you must be prepared for the risks and what you have chosen. |
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Some people say hold your crypto, some says sell immediately that holding for long is useless.
What do you believe and practice?
Everyone has their own strategies and it also depends on the situation. At the time of the red market, the best thing to do is hold the coin because everyone definitely does not want to get the loss or failure in the investment they are doing and wait for the market to recover to sell the coins they have. But some people choose to sell their coins to cut bigger losses and reinvest them in other coins. |
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It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
Yes, I agree not to sell coins that you get in a hurry. But, not all coins that you hold for a long time will increase. Some coins actually only become garbage in the wallet. So, observing and analyzing is needed for you to estimate the possibilities that will occur in the future, don't just hold and wait for it to skyrocket. |
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The sum of joined people in crypto is growing day by day and I am sure that it is cool because the profit I increasing too and incomes are so high. I am here for so long but I have never do deals in crypto by myself. But I am going to invest now and I have found too many resources like exchanges, wallets and so on. What can I use now as a new participant of this deal? What ones are more reliable for the side of the price and security? With what amount of money I must have for the beginning?
Before you start your investment in cryptocurrency, you need to observe a few coins that you think have the potential or value to continue to increase and reach its highest point. But this is not an easy thing because the market is difficult to predict, but at least you have coins that you think have advantages over other coins and at least can give you an advantage if you invest your money into the coin, start with capital that is not too large so you can invest and get experience. |
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When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.
Most people who start to join the cryptocurrency world want to get quick profits. But, if you lack knowledge and experience in the world of cryptocurrency and when you start then look at falling prices you might be surprised and even panic which then makes you confused and decides to sell the coins for fear of falling further. At times like this, analysis and research are needed to predict the coins you have before taking the next step. |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
That is the cryptocurrency market. You need to always observe and analyze the coins you have before making a decision to sell or hold them. If according to your analysis the coin can recover and increase then holding it is the right choice, but if you think the coin is not possible to increase and will fall further it is better to sell it. |
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I am new to this forum, but i have been into crypto for more than a year. I am loosing some of my holdings due to the fall in prices of my coin and altoins. What should i do please.
Any advise that will be useful is welcome.
You need to find out and know in advance what makes you experience losses. If you buy coins that do not have the potential or you sell them because of panic the price continues to fall, then be patient and also you need to do analysis and research before you buy coins to invest, whether the coin has the potential to increase if we hold it in sufficient time old or not. |
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Since january we all experience the red down lines
everyone experience this how long can you still hold your coins
and still hope for the best , are we waiting for another 3 years to reach the top
or we are now heading back to upward lines
Everyone has their own ways and strategies. But for me, I don't give a benchmark how long I will hold it. I will only hold it until the price recovers and increases, at least it has made a profit for me, no need to hold it for too long, keep watching the market and sell when you get a profit. |
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Someone told me that joining a bounty campaign would provide you some income, well I agree with that because if you're going to take a look at the users in the forum the one with the largest number of traffic is in the bounty section.
I've been here in a while and noticed that some people are joining a scam campaign and some are earning good in some certain campaigns my question is that how do bounty hunters like you chose legit or profitable bounty campaigns?
Is it?
• Through Manager
• Projects Concept/Whitepaper
• Bounty Presentation
• Etc.
Everyone has their own way of choosing a bounty. Some people choose bounties based on who the bounty manager is because they don't want to get a scam. Some people also read the whitepaper, visit the website and see the roadmap whether the ICO project can run smoothly and successfully. So, make your own way to choose which bounty you think is potential and will give you a profit. |
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Hey guys. I’m in crypto sphere for about 1 year, not a lot but still I’m not a newbie. I participated in a lot of bounties, I have about 30-50 tokens on my wallet, and I still earned not more than 1000$. This is ridiculous! Tokens can’t list on exchange. That’s why I want to ask you. How much did you earn on bounty?
Profitable or not depends on the ICO project you are participating in. If you participate in the ICO Project which has potential and will be useful in the future and the ICO project that you follow is successful then you will feel the results you get. No need to wait for the price to break through 1000 $, if you can benefit from it. Why not? |
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What is the recommended time frame for a bounty campaigns?
The average bounty takes 2 to 5 months. But, time is not a benchmark for the results we get later. It's better to do your analysis of several bounty campaigns that you think have the potential to make a big profit for you and allow it to continue to increase day by day. |
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Invest now while the the coins and tokens are at their low value.. The impact of the low value of bitcoin affects most of the coins. We should invest now before it returns to is glory. Its is a simple concept of a stock exchange where we buy at lower cost and sell it a high value ,, an increase in value can be a big matter if you invest more.. count your investments not your savings,,, btw please follow me on twitter and i will follow you also. i promise , lets help one another to gain followers. GOD BLESS https://twitter.com/batrocioThat's right. The simple concept of investment is to buy it at a low value and can produce results or can increase to a high value. But, to do it is not an easy thing, we need to first conduct an analysis and research on coins that we will invest in whether it is potential and possible to continue to increase or not and we must continue to observe market developments. |
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Are Airdrops and Bounties really leading to a successful coin? There are so many out there this time.
Or are they mostly shitcoins, disappear or using your emails for phishing?
Have you ever participate to one with high profit? How long was wait for that?
I think most of them are just bullshit and time wasting and not worth putting some effort in.
If you join a bounty campaign that has the potential to succeed then how little you get, you will feel the results. And to avoid scams, some people choose the bounty by seeing who the bounty manager is because they don't want to get a scam. |
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment.
What is your policy at this current market volatility?
I think everyone does not want to get a loss or failure in the investment they make. So, they will choose to hold the coins they have when the price falls and it might be better to continue observing market developments to estimate the possibility that going forward will fall or recover. |
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Everything in life has past, present and future. Some of those who invested into some coins while their prices were higher, should try as much as possible not to dwell much on it, because if we continue to bother ourselves about the past loss, we will not be able to see the opportunities ahead.
The crypto space is full of opportunities, learn to find those alternative opportunities of earning tokens and explore.
That which you think might be a loss at this time, can give you huge profit later on in future.
That's right. Knowledge and experience are needed as our learning for the future. In cryptocurrency, even though you have experienced regret and loss. Maybe at that time you experience a loss because you feel panicked seeing the price falling and falling and then you decide to sell it and a few days later you see the coin starts rising and you feel sorry. I don't think it's easy to give up, make it your way to strategize in the future. |
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There's alot of people move out from Cryptocurrency some are for their loses and without experience,some are doing for in bounty campaigns but still not get result so I want to know behalf of that reason I have mention is correct. What do you think?
That's right. Most people choose to move out of cryptocurrency because they experience a major failure or loss and that is due to a lack of experience in the cryptocurrency world. And for Bounty, you need patience to get results from it and indeed some tokens obtained from the bounty have no value but don't feel what you are doing is useless, do your research about the token and continue to observe its progress. |
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