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KellyCoin (OP)
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January 14, 2018, 12:31:08 PM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
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左
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January 14, 2018, 12:35:26 PM |
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There has been some blood in the streets, but alts that are down 30-50% now aren't the best projects to invest in I guess.
Most decent alts are - 10-15% now.
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LazyBitInvestor
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January 14, 2018, 12:47:00 PM |
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The last 1.5 month we saw a great grow of altcoins (even different shitcoins). It was "Crypto spring 2.0" as it was in 2017. It cant last forever - after a big grow, correction come.
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flip4flop
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January 14, 2018, 12:50:06 PM |
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Its a great time to buy right now because of the dip. Just invest in projects you believe in and have a good team and tech behind it. I am a big believer in VEN and have put alot of my current holding into it over the last few weeks.
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fabuloveu
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January 14, 2018, 01:03:58 PM |
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It is always normal. Correction is a normal to alt. HODL key and buy more at dip.
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fanbeila
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January 14, 2018, 01:04:07 PM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
This would be the time of panic for new investors who would even sell their holdings at cheaper rates due to the fear of loss as they see the price of their coins falling down.But actually, this is the exact time to buy more coins and increase our holdings.It is what big whales and old investors do as they know very well that market will soon turn to be bullish. |
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Kolokoy
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January 14, 2018, 01:07:17 PM |
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The only thing you can do for Altcoins that are dropping their market capital values is to hold and wait until they pump up because good coins are getting high and low and it's part of every coins growth.
Otherwise, dumping your coins isn't always the best option because when it pump up you'll regret badly.
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KellyCoin (OP)
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January 14, 2018, 01:08:19 PM |
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There has been some blood in the streets, but alts that are down 30-50% now aren't the best projects to invest in I guess.
Most decent alts are - 10-15% now.
There are some good new coins that are seeing a 30-50% correction after 5-10x gains. So as a new investor this can be worrying. |
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Kolokoy
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January 14, 2018, 01:09:37 PM |
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It is always normal. Correction is a normal to alt. HODL key and buy more at dip.
Indeed, it's normal because all coins do like Bitcoin and Ethereum and there should be always a correction everyone the price surges high. Hold your coins as long you can and time will come when they're pumping then you can do whatever you want, either hold more or dump. |
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Selmor
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January 14, 2018, 01:11:27 PM |
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Just HODL. Don’t look at the price charts every day. Look for new projects and let the alts in the wallet. Some will lose more but maybe there are some other skyrocket. If you sell now you will probably regret it
It you have enough time you can day trade but that is very time intensive.
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Evanston45
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January 14, 2018, 01:12:19 PM |
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How long do you guys predict the correction will last? Can it take months?
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judeafante
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January 14, 2018, 01:12:48 PM |
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Just think positive, now is the best time to buy altcoins, of course, buy and sell high but pick the right coin with a good future, you do not need to just buy because its very low, some coins are dying, the coin that you picked up maybe dying so do a research on it.
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Haladay
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January 14, 2018, 01:12:48 PM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
Nothing can be done for this. Just try to hold the coins you like, watch the rest if there is a possibility for trading them, do this. These correction trends are expected things, they are for better future of crypto. Don't fear correction waves. |
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crazyfrog01
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January 14, 2018, 01:18:59 PM |
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hold and if you have spare money you could easy stock up your current investments. The correction currently was needed but we know, after a correction it will at some point go up again.
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crenfrosck
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January 14, 2018, 01:20:31 PM |
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If you have already invested: HODL. If you have got some extra money: you can buy almost anything for a good price! Things can't grow forever and we have seen many corrections like this one, so there's no need to be upset or stressed. Good ones will eventually grow in value heavily I think, this is just another chance to jump on the train.
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erickkyut
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January 14, 2018, 01:26:42 PM |
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The coins are all on sale! It is the best time to buy and hoard more coins. Have a strong heart now because if not, you will definitely end with tons of losses from your investment. If you have a weak heart about your investments, I highly suggest that you avoid checking the current prices of the coins and uninstall blockfolio from your mobile phone. Just forget for a while that you invested in crypto currencies.
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martin1221
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January 14, 2018, 01:30:22 PM |
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We fell you mate, those coins i hold are all now have red, just hodl what ever it was the price mate. If you also believe that prices will be back to normal soon. And if you have some ethereum or bitcoin in your wallet, this is a good time to buy and add your coin because its more cheaper right now
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akram143
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January 14, 2018, 01:33:46 PM |
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Not all the altcoins are falling some altcoins are bumping also for example ethereum it continue to increase its price.It is just a normal scenario in crypto currency the price fall and rise so you don't have to worry about it.If the price of potential coins falls then it is a good chance to buy some coins and surely it will give profits.
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jackhdt
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January 14, 2018, 01:35:39 PM |
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There has been some blood in the streets, but alts that are down 30-50% now aren't the best projects to invest in I guess.
Most decent alts are - 10-15% now.
There are some good new coins that are seeing a 30-50% correction after 5-10x gains. So as a new investor this can be worrying. most of which are pump and dump models. The first, whales sought to pump coins by promoting market. after gathering enough cheap coins, they launched the fud about the coins they bought. After the price reaches the desired level,In order to complete the profit the whales will massively discharge. so we are very easy to stick their traps Rose strongly for a long period of time with most altcoins. A price adjustment is necessary. |
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BattleZeo
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January 14, 2018, 01:36:15 PM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
I still do not understand where you saw the correction? Concerning november, I think that almost all alternative crypto-currencies have not fallen. Well, those who are bought immediately for the full amount at the peak, I really do not know what they think. |
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