Altcoindealer
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XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
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April 25, 2018, 02:00:05 PM |
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Just keep calm when the price goes down. First of all you dont have to overreact. I do that a lot when i was new in cryptocurrencies and trading. I got reall strong fud attacks, and i start selling all my coins because i was afraid to lose everything. So dont be stupid like me and sell everything in panic. You have to learn to be patience. Just hold your coins untill the price goes up. You have to see your invest as long term. And if you have enough patience, you will also make enough profit.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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dogolitic
Jr. Member
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Activity: 37
Merit: 4
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April 25, 2018, 02:05:28 PM |
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Have some usdt in your porforlio so you can buy cheap coins when the market goes south
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Lyne1982
Newbie
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Activity: 94
Merit: 0
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April 25, 2018, 02:22:25 PM |
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What to do if the prices down again, First is consider the previous trend, like knowing when it will drop and when it will rise, because of that, you were prepared what to do in case the price comes down again. If the price comes down again, you might still hold it since you are hoping that it will rise again in a given time. You might buy many coins since the price were very affordable, or you might sold it since the price continues drops and less possibility that it will rise.
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doycku
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April 25, 2018, 06:04:28 PM |
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What to do if the prices down again, First is consider the previous trend, like knowing when it will drop and when it will rise, because of that, you were prepared what to do in case the price comes down again. If the price comes down again, you might still hold it since you are hoping that it will rise again in a given time. You might buy many coins since the price were very affordable, or you might sold it since the price continues drops and less possibility that it will rise.
Yesterday Bitcoin went up to 9 100 dollars, and today BTC read again and I do not know what to expect the prices for Bitcoin in the near future.
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w33man
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April 25, 2018, 06:47:41 PM |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens: 1) hold our assets and wait until the market got fully recover to start trading. 2) increase our capital to reduce the average price. 3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price. 4) others.
Any suggestion?
It all depends on what coin are you holding. If it has a good volume, you can either cut your losses and find another coin to invest to just to get some of your losses back. If it's a good coin, you can buy the dip and increase your holding to reduce the average price. It all depends on your strategy if you are not willing to take the risk just hodl.
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godfredmanu
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Activity: 266
Merit: 10
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April 25, 2018, 07:04:29 PM |
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If you don't keep your emotions in check you will lose a lot of money. When the prices goes down, is the time you are tempted and your emotions come to play. If you are experienced trader, you might not temper with your trade, just hold it and at longer period, it will rebound. But newbie will panick and sell based on fears which result in losses.
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4abrec
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April 25, 2018, 08:42:52 PM |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens: 1) hold our assets and wait until the market got fully recover to start trading. 2) increase our capital to reduce the average price. 3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price. 4) others.
Any suggestion?
Rumors do not need to be believed. But in fact, this option is theoretically possible but not for a large amount. I think twenty percent may still fall.
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Larrymili
Newbie
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Activity: 55
Merit: 0
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April 25, 2018, 08:46:47 PM |
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If the price get down again I advice people to hold our assets and wait until the price rise again because no one will like to loose in the market, we will hold and even buy more to gain wen the price recovered fully
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SkvorNyc777
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Activity: 308
Merit: 10
Swipe!
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April 25, 2018, 09:36:09 PM |
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I think that it's reasonable only to hold and sell nothing, I believe in 1+ trillion cap of crypto.
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loveinberlin
Member
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Activity: 336
Merit: 10
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April 25, 2018, 10:38:46 PM |
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As for me the most reasonable problem solution is to hold the currency and not sell it until the prices become steady. It is better to be more patient and wait for some period of time. I always hold it until the increase.
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heninur
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April 26, 2018, 09:57:00 AM |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens: 1) hold our assets and wait until the market got fully recover to start trading. 2) increase our capital to reduce the average price. 3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price. 4) others.
Any suggestion?
I also heard that all prices will come back down after a few weeks of price increases, if this happens, then I would choose to keep my assets and wait until the market fully recovers, I just need a little patience to wait.
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KnightElite
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April 26, 2018, 10:22:41 AM |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens: 1) hold our assets and wait until the market got fully recover to start trading. 2) increase our capital to reduce the average price. 3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price. 4) others.
Any suggestion?
The best thing that we can do if the cryptocurrency market going down is staying calm. You can lose all of your money if you will panic while cryptocurrency market is crashing. It is good if we will always stay positive.
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Jupeter
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April 26, 2018, 01:24:22 PM |
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If the price deops down again then hold your coins and try to get some , Take advantage of the price drop other investors are taking the risk that is why they are earning huge profit from it.
Well the only thing i do when the prices of all coins was down is to buy more altcoins that has a good future like buying waves and ripple, and when the prices of all coins was down again i am just holding the coins i have and waiting until the price of it will bounceback.
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hastang
Jr. Member
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Activity: 149
Merit: 3
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April 26, 2018, 01:31:45 PM |
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HOLD! The best thing to do if market falls is to hold your coin. after the drop there should always be an uptrend direction so just hold the coin and wait for the next bang.
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BobBct
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April 26, 2018, 01:40:40 PM |
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I think do the simplest thing to do is just hold, because if you just hold you will it's very easy and you will not worry when to buy again or sell again.
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laurenB7742
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Vaccinized.. immunity level is full.
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April 26, 2018, 01:44:07 PM |
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I will suggest what most others are suggesting, keep your nerves strong and dont sell in panic, if you learn this art you will never lose anything in trading. Secondly, you can buy on dips and HODL, sell when you see you are in profit. These are few things that can be done when market is going down.
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Opekin
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CryptoTalk.Org - Get Paid for every Post!
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April 26, 2018, 01:58:23 PM |
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I will suggest what most others are suggesting, keep your nerves strong and dont sell in panic, if you learn this art you will never lose anything in trading. Secondly, you can buy on dips and HODL, sell when you see you are in profit. These are few things that can be done when market is going down.
No, don't keep in mind that you will never lose anything. Don't be afraid to lose because you will not become a better trader if you will avoid learning with your experience and keeping that you will not lose therefore if it happens you will only become disapointed.
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beezare
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April 26, 2018, 02:01:55 PM |
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if the price drops again then the thing that should be done is to keep holding and wait for the price to rise again because if you sell it when the price goes down then it will lose, so be patient
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ScroodjMoney
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Activity: 210
Merit: 10
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April 26, 2018, 02:24:34 PM |
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When price of the assets we hold go low in value, it is good to keep hold of the assets. Because each and every asset will tend to grow even after price drops. Very few will grow low steep without further price increase.
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panjul07
Legendary
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Activity: 3472
Merit: 1352
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April 26, 2018, 03:02:04 PM |
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if the price drops again then the thing that should be done is to keep holding and wait for the price to rise again because if you sell it when the price goes down then it will lose, so be patient
If you are able to buy more then it is very good option to do instead of just holding it. Especially if you really believe it will rise again, so if you do not buy more means that you are wasting a good chance to earn more profit from the dip.
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