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uniquark
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September 29, 2018, 11:59:08 AM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
Don't panic, it is simply like OP said the market is having to correct itself due to all of the dips and the only negative thing I see here is that the prices chose to correct at a lower price. We all have to be patient with the market and give it time to get back on its feet again before we start panicking about things that we have no control of. Always hold on and don't ever lose hope on everything with alts right now. The brighter tommorow is nearly approaching, and as we feed the pain and pressures I know one day the situation will be back to profitable increase. Market will gain it's momentum and recover at higher price on every coins we hold. Never too subjective on that thought, the past is a good lesson. However, not all of these lessons will work in the future, but what I want to say is that in the past many altcoins have fallen sharply higher then their previous highs. Be careful |
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powerman24
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Activity: 448
Merit: 12
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September 29, 2018, 05:36:24 PM |
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After a half year steadily growth we have correction cycle now. The market will decide which coins will survive this
bloodbath and which will not ever recover. Those projects which are without development and active, supporting community has not much chances for success.
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andrejka
Sr. Member
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Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
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September 29, 2018, 05:43:45 PM |
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Currently the cryptocurrency market is going through a big correction (especially to those who have recently joined). We are seeing coins lose 30-50% of its value in a few days and everyone is panicking. These are the times that will define who will succeed in this market and who will fail. You have to keep your emotions in check and be confident that once you have done proper research in the coins you have invested in they will go up when the market rebounds. Corrections are inevitable and is needed for the overall market to grow. So if you are feeling overwhelmed by the drastic decline in your portfolios just take a few days off and enjoy some sunshine. If you want to be aggressive throw some more fiat into the game and take advantage of the low prices.
This is exactly what I'm doing the whole year. I'm buying at the low prices as much promising crypto as I can. Th next year when the market will moon it will bring unbelievable profits. I'm more than sure about it. If not...then I would know that at least I've tried and took advantage of this window of opportunities! |
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Dacosta Osei-Tutu
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Activity: 560
Merit: 10
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September 29, 2018, 05:53:21 PM |
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The best thing to do at this time when all alt coins are in red is to buy as much as you can afford to lose and hold. Because any moment from now, we shall see green on the market soon.
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LiteNight
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Activity: 378
Merit: 30
♠☠♠
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September 29, 2018, 05:58:46 PM |
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Good recommendation! Many have forgotten that before the fall the altkoins grew very much. They grew too fast! This is not growth! This is artificially dispersal of the price !!! Now everyone pays for it. It's always been like this. And this is normal.
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FiiNALiZE
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September 29, 2018, 06:04:02 PM |
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Good recommendation! Many have forgotten that before the fall the altkoins grew very much. They grew too fast! This is not growth! This is artificially dispersal of the price !!! Now everyone pays for it. It's always been like this. And this is normal.
Invest continuously if you see the price. That will make the coin grow technically and financially. |
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Wyndesam
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Activity: 392
Merit: 10
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September 29, 2018, 06:09:24 PM |
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Well in January so haven't dropped the coin as it is now, the rule is then stored does not work had to sell on that top and now actually to buy
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Veles shalet
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Activity: 504
Merit: 10
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September 29, 2018, 06:16:41 PM |
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Since the time the topic was created, it's already been a long time. And you can be sure that the advice given by the creator of the topic did not work. He was completely wrong. At the beginning of this year it was necessary to sell everything that you have.
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HichemFetoui
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September 29, 2018, 06:25:00 PM |
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I think this is the best time to double down on altcoin they are too much undervalued right now good luck with your future investment and choose well
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Stavri
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September 29, 2018, 06:26:23 PM |
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yeah it is like this for about nine months. but there are still so many adaptors. many people here honestly believe that market is going to recover soon and we will be able to make good profits again like old times, like we did last year  |
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daenarys_stormborn
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September 29, 2018, 06:57:08 PM |
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bloody market is normal, and the market in green conditions is also normal, because in my opinion that is the nature of crypto, the crypto market is always experiencing drastic fluctuations and my advice should be for you to hold the crypto assets that you have until at least the end of this year
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Potatohead
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September 29, 2018, 06:59:23 PM |
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It is part of the crypto market cycle. Aftr a good bull-run last year the crypto market is facing a difficult time right now. Being too emotional will just lead you to losses. So, it is either you take advantage and buy the dip, or sell your holdings for a cheaper price. The decision is all up to you.
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Alijiindahaus
Member
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Activity: 406
Merit: 11
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September 29, 2018, 07:11:55 PM |
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It is part of the crypto market cycle. Aftr a good bull-run last year the crypto market is facing a difficult time right now. Being too emotional will just lead you to losses. So, it is either you take advantage and buy the dip, or sell your holdings for a cheaper price. The decision is all up to you.
Why do many start actively seeking some way out when the market starts to fall. Today we are practically at the bottom of the crypto-currency market and the best way today is to have patience and leave your coins in peace. |
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sirminesalot
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September 29, 2018, 07:22:26 PM |
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It is part of the crypto market cycle. Aftr a good bull-run last year the crypto market is facing a difficult time right now. Being too emotional will just lead you to losses. So, it is either you take advantage and buy the dip, or sell your holdings for a cheaper price. The decision is all up to you.
it is very difficult to take advantage when bleeding like this. of course we must be good at trading and take chances so that we can get small profits. just enough to hold it and wait until the price rises for sure the profits will be easily obtained. |
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mashino12
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Activity: 273
Merit: 10
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October 24, 2018, 02:40:18 PM |
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this is a frequent phenomenon, most of the time the market falls in the year and only a few months shows good growth
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