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Author Topic: The market is going down, is it a good time to hold the coin?  (Read 2582 times)
Shitcoins Whale
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September 07, 2018, 01:47:48 PM
 #21

Right now, we are in a bear market that has lasted for close to 8 months. No one knows for sure how long more it'll last. It also depends on your risk appetite, and whether or not losing that $500 will make an impact on your life.

- For a safer route, I'd recommend BTC. In such a market, it'd be a gamble to purchase any altcoins. Your best bet would still be BTC. However, of course, don't expect any insane gains.

- For a riskier route, I'd recommend you try out masternodes. There are a ton of masternode coins available, you can find them on masternodes.online. Most of the new coins provide insane ROI and would be good for quick flips. However, due to the low liquidity of many not so well known masternode coins, the fluctuations in price can be quite scary. If that $500 means the world to you, I wouldn't recommend this choice.



I agree on the first part of this recommendation, but not the second part. Too many masternodes around and they are all tanking and most of them will probably die.
As an alternative to BTC I would chose some good altcoin which has lost a lot in this bear market, like Ethereum or Waves or Neo.

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September 07, 2018, 02:02:14 PM
 #22

it is quite common for the market to rise up and go down. You don't have to panic. Just hold your coins because the market will definitely go up. 
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September 07, 2018, 02:18:07 PM
 #23

I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
The current situation Ethereum is the best place to invest in crypto platform. This scenario you can buy more than 2 Ethereum so it should be big profit in future and many altcoins hunters are eagerly waiting for this moment so should buy know it will be a right choice for your future career.

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Anchor867
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September 07, 2018, 02:19:47 PM
 #24

Yes it is very good time to hold those coins of yours because you never knew what will happen next but if you buy more that woild give you a lot of profits but keep in mind that buy only that you are sure and dont be greedy
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September 07, 2018, 02:24:16 PM
 #25

I realize that the market is down right now but for sure I will not sell at such low prices. I prefer to hold no matter what
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September 07, 2018, 06:34:56 PM
 #26

I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
The most common quote for such questions is "buy low and sell high" which seems common sense but the question literally says "should I sell low" which contradicts the common quote, quite scary to think about because people are considering selling at a low price when they can just wait until the price goes back up, now I do not expect you to keep holding if you need money for your life expenses however if you do not need the money and just asking for financial reasons than you need to reset your thinking and go back a pace and see the basics.

No you do not sell when the market is going down, yes it is correct to hold when its going down.

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milah_ah
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September 07, 2018, 06:59:02 PM
 #27

I did this. I bought an ethereum today. The price was very good. This is my advice.
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September 07, 2018, 11:37:24 PM
 #28

If you have possibility to frose your capital for long time you can continue to hold. Why not. Market will restore I think.

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September 07, 2018, 11:41:04 PM
 #29

If the market is down I really don't advice you to sell because trust me you will only regret in a very few days to come. I have been there before and you will not like that feeling at all. Hold till you get good income out of your investments.

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September 08, 2018, 06:27:12 PM
 #30

I suggest buying a lot of altcoin coins is a very good choice because the market is now unpredictable.
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September 08, 2018, 06:28:58 PM
 #31

Most of the trader know when its the time to hold or cutloss. Depends on the market nowadays, I'm sure I'm gonna sell my coin off rather than hold.
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September 08, 2018, 06:33:51 PM
 #32

Do you think selling could be good idea during bear market? Wrong, hold all your coins until you get 50% profits of your initial investment.

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September 09, 2018, 06:01:23 AM
 #33

I will recommend you to start with the mighty Bitcoin. The starting should be with the king crypto and this will help you on later phases. The price of bitcoin will rise very high sooner or later. SO it is the safest to go for it.
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September 09, 2018, 06:25:31 AM
 #34

Why don't you try researching Ethereum?
Some people have started buying now, I think ethereum is a good place to start investing now because the price has fallen deep enough and sooner or later it will probably fly soon.
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September 09, 2018, 06:31:13 AM
 #35

I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018

Well mate, crypto market today is not in good shape. If you start investing in cryptocurrency, bear in mind that warning now is very low. But this is the best time to invest in different coins. I suggest you to invest and buy bitcoin and ethereum since prices is very low and hold it for a while. This time is not the best you sell oiler coins, it is the best time to hold and wait for the market to bullish. Market trends for sure will goes up in the end of the last quarter of the year.
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September 09, 2018, 06:35:31 AM
 #36

Yes has we are holding the market will continue falling and when there is no order to buy again buy the investors they start bringing normal price till market pump again
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September 09, 2018, 06:38:23 AM
 #37

I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
People may advice ETH, you can try to invest half of your capital there, but don't forget to buy bitcoin because this will also explode in the future and even until December 2018. Invest on good coins before the market soar high again, take the risk or you will regret later on because you miss this chance to have more coins.
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September 09, 2018, 06:42:45 AM
 #38

This is a good time to buy and hold Bitcoin and altcoins as all cryptos are on a discount these days  Smiley

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Haterstestbtc
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September 09, 2018, 06:49:55 AM
 #39

Definitely yes, their is no other procedure to save your coins in losing out the capital investment in this critical market trends. Holding coins in just a few months will help you realized that its never too late to make a future. In a case that this is a temporary a drop down of supply and demand in a market.
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September 09, 2018, 01:17:44 PM
 #40

yes this is a good time to hold, because I am sure the market price will not go down too long and soon the market price will increase again and give us all profit, so I suggest to buy coins now because the market price down.
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