Souter1978 (OP)
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January 23, 2018, 11:55:17 AM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
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Carmen01
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Streamity Decentralized cryptocurrency exchange
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January 23, 2018, 12:00:15 PM |
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That's right still calm if you feel nervous and panic at the same time your investing here will go nothing so always hold all your coins then sell it in high actually when i'm newbie like you i always scared to do invest here in crypto but now that i already know what can happen here like the price go really high in just 1 week or more and i see it this september,november,december i feel confident now.
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CryptoStallion22
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January 23, 2018, 12:05:56 PM |
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My tactic has been simply buying more! This moment of down will pass and we will be happy to have bought on such great value.
I'm confident in a market recoup.
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Souter1978 (OP)
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January 23, 2018, 12:09:29 PM |
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Thanks In future I think I will sell out some of my holdings at a certain point and use the cash to buy more coins at a cheaper price to take advantage when the markets rise again.
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machinek20
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January 23, 2018, 12:13:45 PM |
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When it is falling, a lot of people will ask you to buy or to hold, but you should look for the reasons why the price is falling, if its caused by usual correction then holding or buying is already correct, but if you found something suspicious, like the coin developer want to scammed people or there are weakness in the coin, then you should sell, investing in alt coin need patience and need a strong mind
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Ingoats
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January 23, 2018, 12:13:52 PM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
Indeed, the best thing to do is to hold. We should not panic just because major cryptomarket is falling, that's just oart of every coins' market value volatility and nothing's new with this scenario. Like what usually happens with the declines, their market value will eventually increase and patience is a virtue. I do believe that selling won't be a good decision just because you are woried of the backdrops.
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liangweicha
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The Experience Layer of the Decentralized Internet
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January 23, 2018, 12:14:36 PM |
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All you have to do is wait. Don't look at the price fluctuations of crypto-currency recently, or it will make it hard for you to sleep. People who make money in cryptocurrency markets are always long-term holders, and you just need to keep that in mind.
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PadenoM
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January 23, 2018, 12:15:03 PM |
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Personally i always keep some euro/dollars on platform exchange, when th emarket is collpasing, I invest, for example now is a good time to put money, if it goes back
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fanbeila
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January 23, 2018, 12:20:35 PM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
Just stay cool and HODL your coins as market has already faced such huge dips and has recovered in due span of time.What you need is patience and i could understand that being a newbie,you would be unaware of the market fluctuations and unlike other markets,this crypto market is very highly volatile and as there are huge risks,huge profits could also be made here.
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Boristhecat
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January 23, 2018, 12:22:17 PM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
When you put a stop loss you fix a loss. This is not necessary - in the long run there will be only growth. Margin trading is not applied here, so stop loss is not necessary.
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eugenefonts
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January 23, 2018, 12:27:36 PM |
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When market is falling you should be calm down and do not panic sell . One taptic when your loosing is you sell low but buy lower and wait for the market to recover and sell it high. Another is when you have extra cash invest as many as you can ,take advantage when the market is falling. Read also news about your coin you might read something positive about it or negative , or while at market crash you should drink some coffee and relax then return after a month😂
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drawoh14
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January 23, 2018, 12:31:39 PM |
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
In this time of dropping I suggest you to put your stop loss obviously to avoid loss then buy at its lowest then sell at high. Holdings today is currently not safe because bitcoin keeps on dropping then rise a little then drop again and all coins are affected
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ericunc95
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January 23, 2018, 12:31:54 PM |
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My opinion is that it is definitely time to hold. Dont fall into the panic and drive the price down more by selling. Actually, if your finances allow it, now is a good time to purchase some other coins that you might have had your eye on.
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LUCKY21
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January 23, 2018, 12:34:58 PM |
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If the price of the coin did not sink very much, you can sell it and buy it at the bottom. And if strongly, then only wait. After correction, prices will again rise.
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Chefironside
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January 23, 2018, 12:39:52 PM |
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and if the btc price fell by 20% in three days! What do you write then? the same ? All say stop and buy today. And tomorrow they say stop and buy, even though it's worth 10% less. Here you can only laugh what some people write like that.
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Wilsonong222
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January 23, 2018, 12:45:31 PM |
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When times like this the best strategy is hold and wait for the rebound. Even market is falling there are ways to gain profit but the risk also increases. You have also to set cut loss to protect the account value never mind the small loss you can still get it back during the rebound.
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((( BIDIUM.io ))) PRE-ICO ACTIVE █████████ JOIN NOW! █████████
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Alina_kr
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January 23, 2018, 12:48:52 PM |
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When the market falls this is a great opportunity to buy coins and wait for the right moment to sell them later.
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alfian123
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January 23, 2018, 12:49:17 PM |
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the price of bitcoin that is feared is a very drastic decline like this. but everyone also definitely hopes bitcoin prices will stabilize again, even hopefully bitcoin prices will more skyrocket again. so as not to be disappointed when holding the coins to be sold.
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AiwonOleh
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January 23, 2018, 01:06:01 PM |
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My strategy in this case is to buy different coins that are very sifted, but I do not sell my portfolio as I know that this is just a correction and it will still grow.
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KTPU777
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AMON - Crypto Debit Card for Everyday Purchases
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January 23, 2018, 01:21:21 PM |
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My tactic in the fall of the market is to buy altcoyins on the bottom. Then, when prices rise - sell them. Thus increase the number of its bitcoins.
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