MoonJeina
Sr. Member
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Activity: 652
Merit: 250
Make winning bets on sports with Sportsbet.io!
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May 02, 2018, 02:41:31 PM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
That happens very often with the investors . Trading and investing in crypto currencies is not always fruitful and definitely never as simple as a normal trade and investment . I will never ask to stop investing or loose hopes . From last 4 months the market is quite disappointing , just wait for a silver lining instead of loosing the hopes and giving up on investing. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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cryptofrka
Legendary
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Activity: 2240
Merit: 1618
'Bitcoins are like gold bars with wings' - T.W.
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May 04, 2018, 08:24:19 AM |
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If you held to your portfolio and didn't panic sell, you should have seen some increase in your portfolio value recently. Never trade on emotion, always have a plan. Take profits and secure your investment, when you're late on a red candle, don't catch the bottom of it. What goes down must come up again  |
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Raist
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May 04, 2018, 08:26:55 AM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
If you see value of your investments this morning it will be another story, nah? Continue only if you like it. If you do not - quit-))) |
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SportsbookBettor
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May 04, 2018, 08:28:50 AM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
We have the same sentiments when investing especially when i was new i thought of quitting that day when my money was suddenly goes deep in it's price but it don't stop me from doing it. I just learn a few things and try to overcome my fear of losing money. That's how i survive investing here despite many obstacle that i had experience. |
aaaamm
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illnino
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May 05, 2018, 12:08:18 PM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
Market goes up and down, and so the value of your investments goes up and down. It's pretty normal. Your decision to quit is too hasty, it's not the best choice at this moment. Wait until the price of your coins/tokens goes up enough for you to get back the money invested. |
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BetadiNe
Newbie
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Activity: 196
Merit: 0
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May 05, 2018, 12:19:43 PM |
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I think that's because many investors have read negative news about crypto, but I'm sure there will be more investors coming soon, because they will soon find out that the news is fake. keep on keeping positive thoughts and do not easily pessimistic.
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Refozzblaze
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May 05, 2018, 12:22:16 PM |
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the usual thing because the coin is unlikely to go up steadily there must be his correction
If you believe in the coins you invest you should be strong enough to hold them longer
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cryptofrka
Legendary
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Activity: 2240
Merit: 1618
'Bitcoins are like gold bars with wings' - T.W.
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May 06, 2018, 11:20:35 AM |
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Everything dropped again in the last few days due to Bitcoin increase so be careful with your decisions. I, for one, will not be shaken out of my altcoin positions, I believe it will recover and increase in a few days. Bull markets also have drawbacks, be sure not to sell the bottom of red candles - I cannot stress that enough.
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vazarii
Jr. Member
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Activity: 101
Merit: 4
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May 06, 2018, 11:54:23 AM |
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What had you been doing till now when the prices were decreasing ? If are doing short term trading, always put a stop loss.
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cryptofrka
Legendary
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Activity: 2240
Merit: 1618
'Bitcoins are like gold bars with wings' - T.W.
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May 06, 2018, 12:47:05 PM |
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I trade medium-term, I think it is impossible to catch every green candle and sell before every red one. I sold some of my assets that I didn't like long-term but I will most definitely not sell some because they dropped 10% in 2 days. Patience is key, at least I think so.
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jcemos9bt
Jr. Member
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Activity: 130
Merit: 1
WayMaker Miracle Worker
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May 06, 2018, 07:36:36 PM |
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do not quite that is how market is some times just hold your coins strong when it eventually go up again you will enjoy it, but if you sell your coins later you will regret it and you will buy coin in high price.
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CrypticGambit
Full Member
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Activity: 280
Merit: 100
The Operating System for DAOs
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May 06, 2018, 07:39:29 PM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
Newbies like you will have a hard time in crypto, when they buy a coin and it dips 10% in one day. However for us this is normal and we are not concerned because we are up so much in terms of roi. |
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Nuky1289
Member
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Activity: 198
Merit: 12
The Operating System for DAOs
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May 06, 2018, 07:41:12 PM |
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i would suggest you to start with bountys? Maybe translating or some social media stuff? Your investment will grow without new money involved |
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skip60
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May 06, 2018, 07:44:19 PM |
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it is in the nature of crypto world
big wawes there is, big dips and spikes
as long has you hold good coins with a working product with real usage then no need to worry
i personally saw that %60 of my initial investment gone during market collapse, then i did HODL and did a good profit
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kenjionline
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May 06, 2018, 07:56:54 PM |
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Do not watch the value of your assets every day. So you can go crazy. The market of cryptocurrency is very volatile. If investing makes you nervous, you might be tempted to get out of it.
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sourish
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May 06, 2018, 08:22:43 PM |
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Keeping your finger on the panic button helps no one, specially not yourself. First study the market pattern and then take a prudent call accordingly. I am sure you will see the light of reason!
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sunsilk
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May 06, 2018, 08:32:39 PM |
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The value I saw in my investments this morning got me thinking "do I continue with crypto or just quit?". Honestly am greatly concerned.
You should value yourself in terms of appreciating this correction and why you invested into something that you really don't know the risk? Are you measuring the risk of crypto or you don't? If you don't then you might invested to it because you have heard it on social media that are being posted by those panic sellers. This isn't how the crypto market works and the same thing with the stocks market, it's not only a win-win all the time but if you know how to take and measure risk it can be for you. |
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Gekkoo
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May 06, 2018, 09:38:06 PM |
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Overall, who ever felt the psychological pain of seeing their investments going down values? Who ever woke up or came unsuspected and saw their investments priced at less than 70% of the total invested? This time is going to test your skills to move on crypto, otherwise frustrations will disturb you more often, focus in other investments and analyzes can help maintain a stable thinking without connecting despair.
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reypinioco
Member
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Activity: 182
Merit: 19
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May 06, 2018, 09:51:38 PM |
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You should follow your guts,because if we say you shouldnt and you still quit its your fault if you have lose your good opportunity,Do not rely into other's suggestions find it by yourself so that you wont regret it in the future when most of the countries has already adopted the technology especially the blockchain technology.
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johnyespapa
Member
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Activity: 257
Merit: 11
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May 06, 2018, 10:49:24 PM |
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It is going to decrease more,because new investors are too vigillant because most of these new projects are scams,those investors have learned a lot ,they are doing a lot of researching compare to those people who got scammed by these scammers,greedy people will find their way to scam people and theres no stopping to what they are doing.
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