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Author Topic: Cryptocurrency Market Dip - Why You should not Panic  (Read 222 times)
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October 12, 2018, 07:14:12 PM
 #21


Sometimes you can't tell a person not to panic because if they see their hard earned money turned into ashes they will likely to panic. I recommend them to cut some losses if it is still small.
[/quote]
If we know we can't handle the risk in price increase/decrease in crypto then we might not try to do trading. If we think that the project seems no longer future to increase in price then sell. But if in every short drop of price even in a potential coin, we panic, then trading might not be for us.

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October 12, 2018, 09:03:10 PM
 #22

Too much trading website by now. It could be one fault for having this slow price increase. Coins are being traded too much and divided to many exchange.

Bitcoin dragging every altcoin. At first I find it hard to believe that this is happening but because I am supporting another token I have seen there may be a part that says it is true.
Every time the bitcoin price drops every token and coins just go with it.

I guess we just need to support bitcoin with our everything, then maybe we will all be happy.
But yeah! Not to panic, there will be a time everything will change. Specially in the crypto world.

 
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October 12, 2018, 09:19:56 PM
 #23

That's right. It's how the market works. Sometimes it swing upwards, sometimes  it goes south. But one thing is certain, It'll definitely come back strong. Although it might not do so immediately  but in due time, It will. That's one thing people who come into the crypto space newly always fails to understand. Like the market dipped yesterday, But I'm sure It'll pop up soon.

 
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October 13, 2018, 02:04:26 AM
 #24


We all have to spend some time in crypto to learn how the market works and how to react in different situations,
how to control our emotions in decision making instead of panic selling. We have to understand that cryto is a
volatile market and it is a normal market condition, no reason for panic.



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October 13, 2018, 04:38:31 AM
 #25

The theory is very easy to say but it is difficult to make. But I think we will have a basic rule to avoid panic when the market down. It's a good idea to use the money you do not want to spend for a long time around 3 years. When you use that money to invest, you will not have to worry too much about the cost of living every month.

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October 13, 2018, 01:05:16 PM
 #26

The current market is not so worse when compared to the bearish market that took place in the beginning of the year.
The market is indeed volatile and the recent dump is not so big after all. Bigger dips has taken the crypto market by storm and I believe it provides a better stability to the coin. Bitcoin has been increasing slowly since the bottom and a minor correction was expected from it.
Actually, at this point we are actually getting to the point where the market is trying to decide yet where next and times like this when we have seen some bullish moves actually with the bounce from support several times, there is a possibility that we can see the market beginning to do something pretty great.

However, nothing is actually certain yet though and for every investor they should know that buying gradually when the market is in a downtrend which is referred to as accumulation is actually what they should be doing most of the time, but because they are so engrossed with the mind of not studying the market before entering, it affects their decision making a lot.
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October 13, 2018, 01:14:03 PM
 #27

Thank you for link website. It's quite helpful to newbies and those who do not have as much knowledge as me. I agree that with this market we need revolutionary downturns that will help the crypto market in the future have a huge growth momentum and nothing to worry about. I still believe in the growth of crypto. Good luck and Always calm is a must have trader.
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October 13, 2018, 01:55:12 PM
 #28

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.
I do not panic anymore when there is a dip, I just find it scary that bitcoin has been around these prices for too long and it makes me wonder how long it will be. I mean yeah the price has been low and I am accustomed to it now but I wonder when it will go up.

I am a firm believer that with time bitcoin will keep going up however bitcoin time and time again showed that it doesn't go up slowly, it goes up in a skyrocket fashion, so either I am going to be in the market all the time eating the losses and keep waiting until the price skyrockets and get out or I will wait for the bull and miss out on it.
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October 16, 2018, 09:58:36 AM
 #29

There have been numerous instances that the cryptocurrency market experienced a dip in value. Bitcoin and altcoins both have felt the wave, with many putting short orders on their entire balances, further pushing the crypto industry down - for the moment. This is nothing new for a volatile market such as crypto.
There is no need for investors to make mistakes of others in the past by putting everything on the line due to their fears. Control emotional trading, regularly do an analysis of the market (both tech and fundamental) and keep calm mind all the time.
If you happen to be a beginner, reading this post, give our educational pages a read to get a better grip on crypto trading through this link https://www.cryptocointrade.com/education.
The thing with a lot of investors is that they end up putting too much attention on what is happening in the short term and as long as you do that as an investor, the way you think towards certain circumstances will always be different from the way you should think as a smart investor actually.

Smart investors know they should always put their focus on the long term as long as they trust in the potential of the market they are holding and that makes them to take decisions like buying at times like this in the market than panicking and then be patient enough to wait until they get the best from that market.
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