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Author Topic: the price of crypto is down now, what to do  (Read 2074 times)
soopiking
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June 20, 2018, 04:42:47 AM
 #101

I think we should continue to wait and the market will not continue to trough, so I think we should maintain enough patience to wait for the market to pick up. It will bring us huge benefits.
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fedosee
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June 20, 2018, 05:08:45 AM
 #102

Just wait for the prices to recover. One individual cannot control the prices, you just have to act based on market conditions.
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June 20, 2018, 05:52:05 AM
 #103

Now we have to take decision carefully because from many days market is falling continuously, so my suggestion is to wait patiently until the market will be stable and rising again.
tylerderden
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June 20, 2018, 05:53:41 AM
 #104

the price of crypto is now down, what should we do to keep it profitable? give your feedback
The best thing in a bearish market is to buy some more coins or to just wait for some time till the price comes up and then do whatever you want. But please just don't sell in a down market as you will be the one taking loss while someone takes the profit from you, many a times newbie come here on the forum and tells that he sold his coins in the down market and then the price started rising. Also many times people say that they brought bitcoin at $20k, you should never buy any coin at ATH.
richardeames
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June 20, 2018, 05:58:24 AM
 #105

the price of crypto is now down, what should we do to keep it profitable? give your feedback

IMO, depends on your style,

Short trader : When in bear market, mind your USD value rather than your sats. When in bull market, reverse it.
Long trader : always accumulate sats on the dips especially on bear market.
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June 20, 2018, 06:03:04 AM
 #106

the price of crypto is now down, what should we do to keep it profitable? give your feedback
There are no more forces, this is how you can describe your topic. Investors find a way out of this situation by simply participating in various kinds of projects or day trading and do not experience that they have losses. And what to do, this question should be asked by whales, and not by ordinary investors.

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chipzeru
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June 20, 2018, 06:05:06 AM
 #107

the price of crypto is now down, what should we do to keep it profitable? give your feedback

I personally choose to keep holding my coins until it reaches my target no matter how long it will takes but since some of my coins price keep decreasing, i'm planning to buy more to average down my buy rate.
muravevat
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June 20, 2018, 06:07:23 AM
 #108

When prices are falling, weak hands will sell. This is the time when you should be ideally buying more but keep your budget in mind.
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June 20, 2018, 06:09:00 AM
 #109

should i sell my altcoins to bitcoins? or wait for the price of coins to go high? i have dogecoins and many other altcoins like pure  please suggest what should i do
hemendrachauhan19
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June 20, 2018, 06:10:49 AM
 #110

the price of crypto is now down, what should we do to keep it profitable? give your feedback

Always have a strategy. If you are a trader, buy on the dip and sell when it's 5-7% up and book your profit. If you're a HODLer then wait patiently. Bitcoin don't become bitcoin in a day or two. It took 7-8 years. It still has to go up. You can believe on the technology and always follow your strategy.
PTsang
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June 20, 2018, 06:12:34 AM
 #111

There are always some good cryptos to invest in...
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June 20, 2018, 06:12:43 AM
 #112

Now that the market price has fallen, so many encrypted investors have lost a lot. But I don't think we should sell our cryptocurrency if we want to minimize the damage.
Ms Nuha
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June 20, 2018, 06:12:55 AM
 #113

the price of crypto is now down, what should we do to keep it profitable? give your feedback

I would like to say if you may just hold your coins and wait to increase its value as you wish. if you want to buy more coins then it is a good time to generate more coins. so this is the best time to gather more and patiently use it if you want to benefit from crypto.

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June 20, 2018, 06:31:27 AM
 #114

the price of crypto is now down, what should we do to keep it profitable? give your feedback


If you had bitcoins, keep on hodling and wait for the market recovery and at the same time,try to buy more bitcoin because it is cheaper than last week. Many well known altcoins are also got cheaper and I think this is the right time to buy some of them, paticularly the long term coins and hold them while the market is still down. Profitability will depend on price movements of every cryptocurrency and you had to wait them to go up to become profitable again.
nugentbn@
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June 20, 2018, 06:34:49 AM
 #115

just wait
mariomerula
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June 20, 2018, 06:37:03 AM
 #116

I'm holding the coins I have because I have a long term view (more than 2 years) and in the meantime when prices are low like this days I'm accululating ETH and BTC.

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June 20, 2018, 06:37:38 AM
 #117

There are improvement on price of cryptocurrency accross board now in the last two days! Price is not an important consideration when it come to cryptocurrency! The current price is nothing when a product is deliver or a certain development happens!
jazz1984
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June 20, 2018, 06:37:45 AM
 #118

In any case, it is worthwhile to have your own strategy that you should adhere to and not commit rash acts.
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June 20, 2018, 06:39:11 AM
 #119

How to support it is not known, but I know one thing that when the price decreases and the speed of mining. I think all the average

Jimmymoriarty
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June 20, 2018, 06:41:30 AM
 #120

There isn't much you can do at this point. It would be a good time to invest now if you're willing to because the market prices are low. But if you already have some investments stacked up in your wallet, don't get tempted to sell them off as this would be a bad time to do so. Patiently wait for the right opportunity to dump your coins.
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