Sofiyah
|
|
February 05, 2018, 02:41:43 PM |
|
I started to panic now, I just bought some altcoin because I thought the price was low enough, the price dropped again until I suffered a 50% loss, what should I do now ? sell or keep hold again ? or I do have to buy more coins and expect the price to go up ?
|
|
|
|
neuraminidase7
Newbie
Offline
Activity: 32
Merit: 0
|
|
February 05, 2018, 02:46:05 PM |
|
you only lost when you sell it. i would not sell if the price is lower than my bought price, just being patient
|
|
|
|
slapper
Legendary
Offline
Activity: 2044
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
|
|
February 05, 2018, 07:39:14 PM |
|
agree. The long term is extremely good. The price right now is acceptable for anyone who wants to join the market and start making money by investing in a coin. Bitcoin will be back soon and I believe that the price will increase significantly after the lunar new year.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
fred22
Newbie
Offline
Activity: 75
Merit: 0
|
|
February 05, 2018, 07:50:48 PM |
|
We all are gonna die, it is over guys
|
|
|
|
Zanuar003
Newbie
Offline
Activity: 112
Merit: 0
|
|
February 05, 2018, 07:54:13 PM |
|
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic! If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price. If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
it makes sense also your statement, but many also play here for short-term investments because expect a fast money velocity I am sure that this kind of panic when the view of the price is going down.
|
|
|
|
litecoinricky
Jr. Member
Offline
Activity: 171
Merit: 3
I need a break!
|
|
February 06, 2018, 12:41:40 AM |
|
you only lost when you sell it. i would not sell if the price is lower than my bought price, just being patient Good advice, you aint lot nothing til you sell
|
I'll take any freebies on offer
|
|
|
jashley
Member
Offline
Activity: 280
Merit: 10
|
|
February 06, 2018, 12:45:14 AM |
|
If you are on loss guys don't sell. I heard wall street want to short BTC as soon as possible because big people on stock markets will go to crypto that's why on stock market has also sudden dipped. Just HODL guys afterwards all of us would be rewarded.
|
|
|
|
Tuare aget
Member
Offline
Activity: 210
Merit: 10
|
|
February 06, 2018, 12:46:52 AM |
|
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic! If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price. If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
Good suggestion. I also ask holder not to panic. I am newbie here but i learn more about not panic from senior. I dont sell my asset now for making big loss. Only loss which we are facing now if we sell asset now.
|
|
|
|
cardoyasilad
|
|
February 06, 2018, 12:49:44 AM |
|
We all are gonna die, it is over guys Lol this is not the end weak hands are seilling because of the news and like you they thought this is the end but all of you are wrong, btf price is high compared to last year price.
|
Sr. Member / Hero Member / Legendary:
|
|
|
feny.blackpink
Newbie
Offline
Activity: 196
Merit: 0
|
|
February 06, 2018, 12:51:48 AM |
|
Yes, do not affect by the current price of crypto market now. lets look at the future. i believe there is a great future for crypto market.
|
|
|
|
Fasdartin
|
|
February 06, 2018, 01:01:26 AM |
|
At today's market the persons or community finally into crypto has slowly increased. But these persons have became investors yet so unknowledgeable. These weak hands or participating in panic selling are investors which has insufficient learnings about the cryptocurrency. We should always remember at all times that when you invest, you should study, research or make some investigation about where will you put your money in. At this case, when you are in the cryptocurrency, price fluctations are very normal. No market has always become on the point of increasing without any even slight or small decrease in the market. The knowledegable persons and experts should lend sometimes a hand for those who are unequipped to also produce better investors rather than weak hands.
Today don't panic is the right thing to do because of huge dropping in the market, I think there's a also big opportunity to us when the value rise again in so much high. So don't easily scared that make you decide to sell your coins just hold it until it increase again don't easily manipulate by some people to sell your coin to them.
|
|
|
|
Flor1982
|
|
February 06, 2018, 01:04:37 AM Last edit: February 11, 2018, 01:19:56 AM by Flor1982 |
|
It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.
This ultimate corrections is really unpredictable and risky so i sold it at a high price then will buy it cheap soon because the problem right now is when you buy the dip but it dips more so for the others they extended their patience, hold and will continue to absorb 60% dump losses even its hurt but for me it is not panic but it is a trading strategy to Sell high and buy low.
|
|
|
|
nani
Newbie
Offline
Activity: 155
Merit: 0
|
|
February 06, 2018, 01:35:56 AM |
|
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic! If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price. If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
Good advice, in a panic investment should be avoided because it can make yourself a loss. Do not just look at the market price down and you immediately sell the coins at a cheap price. It should be like this we can see the opportunity, that is by buying as much coins as possible and hold it in the wallet so it can be sold when the price is high.
|
|
|
|
Cold_Zero
Newbie
Offline
Activity: 154
Merit: 0
|
|
February 06, 2018, 01:42:57 AM |
|
nice one bro , im doing this too Cry , but its hurts lol
|
|
|
|
rachman mahesa
|
|
February 06, 2018, 03:05:46 AM |
|
Suppose Mental still strong should not panic. Indeed the price of BTC, ETH and all alt coins is very bad price. There may be other factors that affect. But people panicked when all prices dropped dramatically.
|
|
|
|
roadwell890
Member
Offline
Activity: 490
Merit: 11
|
|
February 06, 2018, 03:07:51 AM Last edit: February 06, 2018, 03:37:49 AM by roadwell890 |
|
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic! If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price. If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
Agree. I am buying in more now because I also believe it will go high in the year. what if this be the end of the cryptocurrency period? are you going to buy a crypto asset when the price actually falls? although I'm sure the price will bounce, but I doubt when the price will bounce
|
|
|
|
Nagrogflaz
Member
Offline
Activity: 294
Merit: 11
|
|
February 06, 2018, 04:37:13 AM |
|
with the price situation almost all the coins are down a lot of people who panic but I do not like that because I'm sure and keep hoping the price will go up again
|
|
|
|
Daria_daria1992
Member
Offline
Activity: 350
Merit: 11
|
|
February 06, 2018, 04:42:45 AM |
|
Seeing the current market is difficult not to panic)) But for those who first see such a fall I can say, do not worry, next time you will treat him more calmly. There were already such falls, and then all the coins were restored.
|
|
|
|
Pivo
Legendary
Offline
Activity: 1876
Merit: 1000
|
|
February 06, 2018, 05:04:26 AM |
|
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic! If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price. If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
Whom panics? Only HOLD and BUY!!!
|
|
|
|
Masy scurity
Member
Offline
Activity: 210
Merit: 10
|
|
February 06, 2018, 05:13:57 AM |
|
This is a nice subject can be useful for all of us who invest in bitcoin, true if currently better we make buying as market prices all declined and remained the focus with the circumstances.
|
|
|
|
|