icreative998
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January 27, 2018, 06:10:55 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
right. We should keep all our altcoins when the market falls. As you can see, Bitcoinnect is an example. After slipping down to $ 1 for a coin, after only two days it increased to $ 50 per coin. So do not lose your temper and wait. Know the market and know how to turn the situation is reasonable. Get the things you are going to be a successful investment. good luck.
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thesmallgod
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January 27, 2018, 06:14:52 AM |
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exactly. holding your coin is the best way. when market is fallen it is very bad to sell your coin at less price. this thing has happened to me in the past and i have learn greatly from it.
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Boomber
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Tontogether | Save Smart & Win Big
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January 27, 2018, 06:28:01 AM |
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I think when all coin prices falling down, the best tactic is sell your coin to usdt so you can buy again when market is rising up. Dont sell to BTC or ETH you still lose your money just try sell to usdt, its more secure.
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Treshkilling
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January 27, 2018, 06:33:20 AM |
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at such moments in the market when everything is falling so this week, suggest, or very cautiously, it is better to holdit and buy a promising coin
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Torps1
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Kuvacash.com
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January 27, 2018, 06:37:20 AM |
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It is normal for the market to go up and down, so don't be nervous about that, it is due to demand and supply. A better strategy during period of dip is to buy and hold because it will rise again in the future.
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altercreed
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January 27, 2018, 06:39:40 AM |
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When market is failing, it will of course open opportunity for investors who want to invest in bitcoin or altcoins by volume. Even others who are already hodling will buy more coins so that they can hodl it in big numbers which means also a big profit in the future.
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ruben0909
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January 27, 2018, 06:42:39 AM |
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I use my blockfolio and set alarm 3% down of btc so that i will go to check the chart of btc if its bearish. I used this tactics to convert my btc to dollars to get more btc.
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linkybit
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Keep Working
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January 27, 2018, 06:46:15 AM |
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First thing first don't panic, and buy good coins at a cheap price, here is what I do, I buy coins which are down more than BTC, like BTC down 10% and due to BTC downtrend altcoins also goes down. Let say litecoin down 20% when btc is 10% down then I'll buy litecoin with btc and within few days it'll hit back.
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Manchumichael
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January 27, 2018, 06:55:14 AM |
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I think when all coin prices falling down, the best tactic is sell your coin to usdt so you can buy again when market is rising up. Dont sell to BTC or ETH you still lose your money just try sell to usdt, its more secure.
yes USDT is good option to save your profit. If you convert your coins to any other coin, then it depends on that coin value. But USDT is constant price $1 so you will not lose your profit. BTC and ETH are also good, but only for a short period, long term holds USDT is best.
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altcoinhunter01
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January 27, 2018, 07:02:28 AM |
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If you want a better earnings from this market then you have to put a certain amount at every dip as a rise is always expected after a big downfall. This way, you can do cost averaging your price and you get more profit then others.
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Pamadar
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January 27, 2018, 07:19:24 AM |
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First thing first don't panic, and buy good coins at a cheap price, here is what I do, I buy coins which are down more than BTC, like BTC down 10% and due to BTC downtrend altcoins also goes down. Let say litecoin down 20% when btc is 10% down then I'll buy litecoin with btc and within few days it'll hit back.
If you have a lots of time you can easily manage this type of trading, as you can monitor certain movement and you will be able to find time to assess whether the project will bring good profits, I think better to make yourself always flexible if you have spare money just put it inside and wait for some coins which is fallen then wait till it bounce back.
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MainIbem
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January 27, 2018, 07:28:48 AM |
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You are doing well in bearing up with the falling market. For a new person, it must raffle you. It has not been easy. My tactics has been to bear up just as you are doing. I also develop strong faith in the re bounce of the markets.
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jamiebear
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January 27, 2018, 07:30:51 AM |
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Patience is really a virtue. No market is always on top, it's always a roller coaster ride and when the market is down, there is no way for it but to go up again. We should take the chance to accumulate more coins and HODL. You will thank yourself later on. Don't panic sell.
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Lucky_U
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January 27, 2018, 07:45:57 AM |
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The best tactic on the falling market is do not panic and just relax Buy your favorite altcoins for a cheap price and wait when bull market will com again.
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Stephgmnl
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January 27, 2018, 08:07:31 AM |
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The best tactic i think is to keep holding your coins then take advantage of the low prices and start investing. Then you can sell it when the value increases again.
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CryptoStallion22
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January 28, 2018, 11:27:17 AM |
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Best Tactic when market falls: Hodl all you have, when you think it has reached the bottom buy more!
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shams
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January 28, 2018, 11:30:19 AM |
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It depends on how you re trading if you are a long-term trader you tactics should remain the same hold the coin for the long term and wait for the market to get recover and if you have more money then buy more coins when market goes down so it will give you good profit when it again goes up. If you are day trader then you have to decide what you need to do if you think the market will go more down then it's better to get out of that coin and buy it back when it comes more down like this when it will go back up you will get more profit.
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white.raiden
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January 29, 2018, 03:15:58 PM |
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First thing first don't panic, and buy good coins at a cheap price, here is what I do, I buy coins which are down more than BTC, like BTC down 10% and due to BTC downtrend altcoins also goes down. Let say litecoin down 20% when btc is 10% down then I'll buy litecoin with btc and within few days it'll hit back.
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mrchef111
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January 29, 2018, 03:25:40 PM |
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When the market is low you buy. Not sell. Remember you haven't lost any money until you actually sell your cryptocurrency. Just like you haven't really gained any money until you actually sell it. So the market will be a roller coaster ride. But if you look at the overall graph for the past 4 or 5 months, and take out that huge climb, the overall trending line is still going up. There was bound to be a big market correction after the gains that we saw. Although it does kind of stink if you bought during the ATH of some coins, like I did. haha oh well, keep holding, and we will get back there and beyond.
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sorrowfulnightcries
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January 29, 2018, 03:46:26 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
Don't cut your losses, the market will always have an ups and down at certain point and nothing good will ever happen to your investments through impatience and panic selling and it has been proven by a lot of traders and investors and most of them is through the hard way.
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