Ganglo Saxon
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Activity: 48
Merit: 0
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January 17, 2018, 03:10:24 AM |
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It's not a realized "loss" until you sell. Don't sell, stick with the dips and buy low!
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iconoclast
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Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
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January 17, 2018, 03:14:24 AM |
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
The Chinese and South Koreans are making noises about banning cryptocurrencies because it makes it more difficult for them to be currency manipulators. You only lose money if you sell them now and crystallise those losses. HODL
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cola-jere
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January 17, 2018, 03:19:21 AM |
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
It's a regular cycle every year since January 2013, somewhere around 2nd week of January prior until Chinese new year, the market falls a lot. Check the marketcap history on January of every year here. Crypto begins to pickup again somewhere in late Feb or March. https://coinmarketcap.com/charts/It's only a "crypto loss" until you sell it to make it a "realized loss". Just HODL!
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CoinCollector006
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January 17, 2018, 03:48:22 AM |
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If you sell now, you will realize your gains and need to pay the tax authorities. if you bought recently, it might be a loss on any bitcoin or alt coins since most are down 30% or so. My assessment is this one of the recurring selloffs we get periodically in crypto.
I am HODLing my shares and advise the same.
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ridha inoue
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January 17, 2018, 03:56:46 AM |
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indeed this is all the coin price down. the unusual thing in the crypto world. whether the investors sell a lot of coins it has or something else happens...
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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ridha inoue
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January 17, 2018, 04:00:09 AM |
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indeed this is all the coin price down .. the unusual thing in the crypto world .. whether the investors sell a lot of coins it has or something else happens ...
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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Kakkles
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Activity: 61
Merit: 0
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January 17, 2018, 04:20:35 AM |
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I love these times in the market because its a great time to acquire more coins at an awesome price. Can usually make a quick buck while making a good position for medium to long term.
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maydna
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January 17, 2018, 04:38:56 AM |
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I love these times in the market because its a great time to acquire more coins at an awesome price. Can usually make a quick buck while making a good position for medium to long term.
as long as you still have money to buy every coin you want. this time, the price is down too deep and not just bitcoin, altcoin gets the same conditions and we don't know when the price will be back to increase. but some coin is trying to increase although I see it is too difficult to push the price to goes up again. I think bitcoin price will go down a little again and if I see the chart, it seems today we are going to see a dropped price again.
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UZIzzzz
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Activity: 168
Merit: 10
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January 17, 2018, 04:41:16 AM |
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Keep holding, eating and sleeping on time is the best thing to do, because if you sell, you will lose your profit and you may regret it in the future.
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Acguy
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January 17, 2018, 04:44:45 AM |
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Don't put in more than you can lose than you wouldn't be so worried and this is crypto where everything is solely on speculation.
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Viper1
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January 17, 2018, 04:45:26 AM |
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
The Chinese and South Koreans are making noises about banning cryptocurrencies because it makes it more difficult for them to be currency manipulators. You only lose money if you sell them now and crystallise those losses. HODL Right. Have all that capital locked up for as much as a few years whereas you could learn your lesson, lick your wounds and using it to recover what you lost. Good plan you have!
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BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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katarina_jw
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January 17, 2018, 04:45:43 AM |
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Good opportunity to buy cheap solid coins.
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izanagi narukami
Legendary
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Activity: 2030
Merit: 1028
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January 17, 2018, 04:49:02 AM |
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The more you hold, the more temptation that you must resist since if you sold early , your profit will be less if bitcoin stay on uptrend. But at some point, bitcoin will start downtrend so brace yourself by holding and only sell if you're really need it. I can say that bitcoin still have a long way to exist ! Good opportunity to buy cheap solid coins.
For example : ETH,BTG, & BCH
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rh154c0d3
Newbie
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Activity: 56
Merit: 0
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January 17, 2018, 04:56:18 AM |
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
you have to be ready about it. when we decide to get in, it means we have to be ready for any profit and risk, don't think just about profit.
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HoaNguyen
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Activity: 238
Merit: 100
The All-in-One Cryptocurrency Exchange
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January 17, 2018, 05:03:11 AM |
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The current market is going down with all the cryptos. And everyone who is investing is like you, very worried. The cryptocurrencies market has been hit hard by the Korean government's decision to temporarily close its cryptos trading platform in order to investigate temporary corruption, thus affecting the overall rate of the cryptos market. You should calm down and continue holding for this crisis to pass.
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prince05
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Activity: 126
Merit: 21
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January 17, 2018, 05:09:56 AM |
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you are not loosing money yet until such time you sell your coins at todays rate, if i were you hold on to your coins, and just monitor the market, monitor does not mean you have to watch ot 24/7 maybe just check it once a day and do some other stuff for a while the prices are low. or if you have some cash to spend now is the time to buy huge potential coins, as it will pump up again for sure gaining you huge profits.
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Lucky_U
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January 17, 2018, 05:19:30 AM |
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The main thing for now is relax, don't panic and just hodl! Last months all crypto market growing huge, now trend is changed. After correction we will see a new market highs.
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udayantha11
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Activity: 770
Merit: 17
2023 would most likely be as bearish as 2022
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January 17, 2018, 05:21:40 AM |
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this will recover soon as possible , do not panic
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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clarkt
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January 17, 2018, 05:22:47 AM |
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If you are asking for what to do in in present situation of the market, it means you I have skipped some valuable knowledge you should have as regards trading. Knowledge pays the highest profit not money.
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finlof
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January 17, 2018, 05:23:22 AM |
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Don't put in more than you can lose than you wouldn't be so worried and this is crypto where everything is solely on speculation.
this
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