eliek18 (OP)
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July 06, 2018, 09:58:25 AM |
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Hi all,
The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
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Barrueco
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July 06, 2018, 10:05:05 AM |
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The market is trying a reversal. And the last drop from 6.8k to 6.4k is a profit realization. There is also a small rising wedge which is a bearish pattern and can lead the BTC to the 6150-6250 level. But The bulls are trying to take control of BTC and I think we are going to see some green days at the near future. By the way, stop-loss is a useful tactic during the downtrend.
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IVEXO
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July 06, 2018, 10:06:40 AM |
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Hi all,
The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
There are no perfect ways in the crypto world. The only derivatives you have is to hodl if you cannot handle the risk But on normal sense, you need to make research and determine what trading strategy you want to employ, after which you master and perfect your strategy, identify the flaws and all is resolved . In other words, don't just make losses. THINK BIG Convert your bitcoin or etherum or bitcoin cash to USDT.
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BTCHadzija
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July 06, 2018, 10:09:57 AM |
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noup...holding in an obvious bear market is just plain wrong
switch your coins into stable coins (Tether, TUSD) and buy back your coins on massive discounts
or start shorting on bitmex
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indog
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July 06, 2018, 10:12:29 AM |
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You can enjoy the results of last week's market enlightenment. The market situation is now being corrected, all will be back to normal and wait time. A good the market tactics now is to survive and wait to attack
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melted349
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July 06, 2018, 10:17:52 AM |
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Hi all,
The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
It is up to you if you want to stop your losses to protect your capital, in this kind of situation the market are decreased again well I considered it as an opportunity to get crypto in a cheap price.
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melander81
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July 06, 2018, 10:22:55 AM |
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I am still new to the space and still learning the ropes so to speak. From what I can understand, the market has dipped due to the lost of confidence of those who have FOMO'd into the space. However, there are signs that more new money are joining in as you can notice on the slight movement upwards of the major currencies. One thing to note though that these are mostly institutional investors.
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andthereyou
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July 07, 2018, 08:53:09 AM |
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Hi all,
The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Hello, in my case I have sell short to increase my holding. You can do it too but there is risk. If you are risk taker then sell short and if not then just hold.
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Anniee123
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July 07, 2018, 08:59:03 AM |
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I think this is normal, if you can bear the loss, then I suggest you continue to hold. Holding is a good strategy.
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kiemnhieutien
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July 07, 2018, 08:59:34 AM |
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Hold is good choice. You can also trade in this storm to increase your coin amounts. For me now, the amount of coins i have is more important than its price.I want to gain as much coins as possible now and wait for better price.
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hewbrowden
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July 07, 2018, 09:35:29 AM |
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Hi all,
The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Unfortunately, the best way to save your money is to Hold. The fall of the market is happening every year, so I think in the last quarter of this year there will be a stabilization.
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Moiyah
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July 07, 2018, 09:38:58 AM |
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If you want to set stop loss and want to play safe in this dump mode of the market, you can convert your btc in tusd for stable amount. It is less likely tobe affected by the market's price fall.
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talkbitcoin
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All I know is that I know nothing.
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July 07, 2018, 09:39:16 AM |
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when there is a big altcoin dump going on like these days the only thing you should do is to dump yourself while you have got the time and get out. standing around while others are dumping (aka holding shitcoins) will only result in a lot of losses.
for example if you look at your bags (or what you call portfolio) you can clearly see that you have lost at least 75% and at most 95% of your investment during these dumps.
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BTCLovingDude
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BTC to the moon is inevitable...
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July 07, 2018, 09:45:04 AM |
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The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL?
that is the worst advice! it is like a falling knife (which actually people compare altcoins to often) and you are telling people to open their hands and catch that falling knife. the best advice is to sell when you see dumps like this. of course unless you WANT to lose money. Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
you must always set stop losses even when you are seeing a pump going on. because at any moment they can reverse it and dump on you instead so you have to be prepared. although you should be careful how you set the stop loss. too big and you will lose a lot, too small and you will end up selling every time there is a tiny change.
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anhkhoavba79@gmail.com
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July 07, 2018, 09:48:44 AM |
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I think the market is recovering. Continue to hold the coins for more profit.
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Luntik45
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July 07, 2018, 09:55:26 AM |
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In the current environment, I prefer to hold, I think this is one of the best tactics at the moment
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cabron
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July 07, 2018, 10:05:02 AM |
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when there is a big altcoin dump going on like these days the only thing you should do is to dump yourself while you have got the time and get out. standing around while others are dumping (aka holding shitcoins) will only result in a lot of losses.
for example if you look at your bags (or what you call portfolio) you can clearly see that you have lost at least 75% and at most 95% of your investment during these dumps.
That would be the best thing to do if the traders hasn't dumped it all. Right now its almost too late. Some altcoins are already moving sideways, you don't have to do anything during uncertain behavior of the market unless you're willing to risk again. Remember that you have bought your tokens to profit and if you are now loding you might just hold it bit more until such time you are wining.
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lukeclick
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July 07, 2018, 10:06:41 AM |
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There is really nothing much we can do about the market situation, it will take the behavior up and down but finally it will settle at a certain value, But one thing that we can do for sure however is not to sell our coins ff cheaply, this will not only help in stabilizing the market , but also level up the value ofthe coins, sell off and you will not only make ;losses but also worsen the situation i the market
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Samiliti
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July 07, 2018, 10:10:08 AM |
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I don't know what's better . Previously, hold made a good profit, now it does not bring more profit than day trading
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Red-Apple
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July 07, 2018, 10:19:11 AM |
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this market is an always moving thing like other markets and here the movements are more swift and bigger. so you also have to match the market changes or be left behind.
in other words you should also always have a dynamic strategy that is flexible so that it can change with the market changes. for instance you should be able to go in and out of coins at a moments notice and never linger in any of them for long if you truly want to be successful in this market.
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