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Author Topic: Almost every Altcoin down : Here is what you should be doing!  (Read 405 times)
trecore4 (OP)
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June 29, 2018, 12:33:30 PM
 #1

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that.  Cheesy
Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum.  Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone.  Tongue

 
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sandialoveth
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July 01, 2018, 03:12:12 PM
 #2

Thank you very much for your suggestion. Your article is very informative and helpful. I think this will help the beginners as well as the old investors.
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July 01, 2018, 06:20:38 PM
 #3

I believe that this is the time to hold patience and give time in achieving knowledge. Market will be ok but coming days require more experience for trading.
anggriani
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July 01, 2018, 06:35:45 PM
 #4

everyone is too panicked and worried about the current market situation, they can not focus on creating opportunities that they can get. all the op say is true and maybe we can apply it to get a profit in the future.
Elysio
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July 01, 2018, 06:38:34 PM
 #5

All the coins fall not only the altcoins fall. You should be same location dont sell or buy anything. I same Everybody hold altcoins dont be fraed.
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July 01, 2018, 06:50:16 PM
 #6

Very positive and encouraging thoughts.
 In fact, now many watch the World Cup, many went on vacation to the sea.
You really need to just relax from this market. A lot of positive news and no growth, no movement. It is very strange. I have no plans for ICOs & trading this month.

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July 01, 2018, 07:00:58 PM
 #7

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that.  Cheesy
Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum.  Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone.  Tongue

Very refreshing perspective, if you look in the very long term we are still in an uptrend but of course the last half year has taken it‘s toll on people and more and more start to resignate, but if you look at the potential of this then you have to realize it‘s only a question of time

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July 01, 2018, 07:05:41 PM
 #8

I'm more than relaxed now, as I'm 100% sure that my portofolio consists of good coins with solid projects and teams, actively working on their products despite the whole situation on the market. Of course, I have some risky investments (to some conservative hold-strategy fanatics my whole porfolio may seem to risky, as I don't have 90% in BTC and ETH).

mostkey
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July 01, 2018, 08:08:12 PM
 #9

Yes I think people are smarter in taking advantage of the current situation, but in part, panic is inevitable for someone new, not a matter of concern because it is useless if it keeps making the head more depressed, by buying more for a very cheap price then it is a good opportunity, choose a quality altcoin to determine a bright future, then nothing is easy with all this.
jeronimosuykens
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July 01, 2018, 08:52:34 PM
 #10

Hello Guys, looks like the current market crash has got everyone troubled and they cant think of anything but to outburst inside out and hope that when the market will see green spikes like 50%++ and stuff like that.  Cheesy
Well, thats more than dream come true for any crypto geek here, but I gotta say we have to wait for that opportunity yet.

Here is what you should be doing right away :

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.

- This would be ideal step to refurbish your portfolio and easy way to lower your break even point!

- Relax, and think about the mega crashes of 2014 and back then, same outburst feeling was surging through everyone but did you notice everyone did hold their portfolio and today they are big people around the forum.  Cool

- Its good to ask which coins to invest into but you can always go and read about the project to know more insights. Sometime you can do better as coopered to others.

- Hope that relaxes everyone.  Tongue

Very refreshing perspective, if you look in the very long term we are still in an uptrend but of course the last half year has taken it‘s toll on people and more and more start to resignate, but if you look at the potential of this then you have to realize it‘s only a question of time
Although the cryptocurrency market is showing signs of recovery, in the long run, the downward trend is not over so investors should have clear investment plans so that they are not passive in bad situations. However, I still hope that during the end of 2018 the crypto market will explode and create new milestones.
yanixbtc
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July 02, 2018, 05:13:48 AM
 #11

Very positive and encouraging thoughts.
 In fact, now many watch the World Cup, many went on vacation to the sea.
You really need to just relax from this market. A lot of positive news and no growth, no movement. It is very strange. I have no plans for ICOs & trading this month.

The best thing to do now with the crypto prices going down is to buy different altcoins and hold for a long term basis. Since the market is down let us take advantage with it to earn a bigger profit in the future. Many are in doubt now and are selling their coins in a very low value. That is when the investors will take advantage because the weak hands stop holding and start selling.
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July 02, 2018, 08:53:58 AM
 #12

Don't read news every 5 minutes) Don't check charts every minute) I'm doing this and this is very sad)

okala
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July 02, 2018, 09:43:32 AM
 #13

The wise investors do invest into an assets when the price is down like now and they do sell them when the price is high like December last year.  So what we should be doing now is investing rather than sell.
a31078
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July 02, 2018, 09:52:09 AM
 #14

I agree with you suggestions and this is the best step to take to avoid a big loss. If you have spare cash that you want to invest in crypto, this is the best time for you to buy those desired coin and hold them for as long as you make reasonable profit because the current situation of market is temporary and the price of coin will rise higher than it is now when the market recover, just relax and hold your coin patiently.
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July 02, 2018, 10:10:23 AM
 #15

Don't read news every 5 minutes) Don't check charts every minute) I'm doing this and this is very sad)

People who are long term investors do not even care if it falls in between as they know btc is volatile and it will fall 10 times and when it rises it goes the far too quickly and you make money in the bull market easily. If you are a day trader you may have to look at the market continuously in order to trade it.
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July 02, 2018, 10:20:29 AM
 #16

and hope that when the market will see green spikes like 50%++

this here is the heart of the problem. you and most everyone else keep saying "the market" as if all the 2000 altcoins are the same thing moving together! of course we have majority of them getting dumped when the dumping time comes but that is "majority" not all.

instead of fooling yourself with things like "portfolio" and miss the huge profit that is out there, you have to start looking at where the rest of the money is going.
for example those that are making a living from trading aren't just going to sit around and die of starvation because "the market" is dumping! no they are elsewhere making a lot of profit while the newbies bag hold the altcoins that are dumping and calling it "portfolio" Cheesy

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July 02, 2018, 11:08:19 AM
 #17

and hope that when the market will see green spikes like 50%++

this here is the heart of the problem. you and most everyone else keep saying "the market" as if all the 2000 altcoins are the same thing moving together! of course we have majority of them getting dumped when the dumping time comes but that is "majority" not all.

instead of fooling yourself with things like "portfolio" and miss the huge profit that is out there, you have to start looking at where the rest of the money is going.
for example those that are making a living from trading aren't just going to sit around and die of starvation because "the market" is dumping! no they are elsewhere making a lot of profit while the newbies bag hold the altcoins that are dumping and calling it "portfolio" Cheesy

Well, in a way they kind of are.. Every one of those 2,000 coins you mentioned is based around 1 central coin. That's why when you see the Bitcoin price go down, you usually see all of the other coins go down. That is money moving out of the "market". There is also this thing called a "Market cap" that is the sum of all of the money in the market. So yea, it really is all just one big market.
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July 02, 2018, 12:13:14 PM
 #18

This was a very informative post. This post will help many to stop panicking and to be patient to hold coins. Thanks a lot for posting this.
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July 02, 2018, 01:18:58 PM
 #19

At the same time WCCF Tech publishes an article about new Polaris graphic card by AMD. Analytic prognoses included into this article propose 20% decrease of graphic cards price until winter this year. So, panic or not, but those guys has already incorporated decrease of mining profitability. 
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July 02, 2018, 01:53:21 PM
 #20

- Already got portfolio which is down in the investment ? Then you should add more similar coins into it. Yes, because if you enter the every market with current rates then this would be your starting point and it will give you more % profit than what you are holding today by the time you reach the old entry point.


Now is time of your lifetime to buy. Not now now but now like in next half year maybe even more. It dont matter if Bitcoin is $6000 or $8000 or $4000. No one will care at what price they bought once it will be $100000.   When you talk about portfolio I dont have any ideas. There will be coins that will never recover as they were in 2014 and as they were in dot com bubble crash. Good coins like Bitcoins and Monero will recover and hop in new cycle.
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