Market is falling down. What to do?

[iTradeBit]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it? If the growth is, will it be similarly sharp?

[bigmaster23]

Whether the price is up or down a trader is always making profit and judging by your username you might not be pro trader base on your thread, having said thatit is really critical to think sell or buy when the market is falling I hope the market will soon be with us.

[Baofeng]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it? If the growth is, will it be similarly sharp?

Short answer, we don't know. We have seen the lowest price of bitcoin and other crypto in today bloodbath so its hard to answer your question. Well, every dip is a perfect opportunity to get in because the price is so cheap so I would yes, go for it. I advise you to go long this time, no need to short crypto and just wait for it to have good bounce. No need to make things complicated for you or for majority of us, keep it simple and take the profits next year.

[sunsilk]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year?

This is the question that no one can ever answer. You've got to put faith to the market, if you got in here without knowledge then you might sell at panic and loss a lot of money through your invested coins. But if you have high belief to the market and you know that it has a positive wave then you've got to hold on.

Is it a reason to buy it?

Simply apply the logic, buy low and sell high.

If the growth is, will it be similarly sharp?

Crypto market is unpredictable.

[harizen]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it? If the growth is, will it be similarly sharp?

If the purpose is just to hold no matter what the trend is, then it doesn't matter if there's a bounce back or not that will happened this year. You will really sees lots of rumors and speculation about the "downfall" but overall, it's on your own hands on what to do. If you will remained positive, then just continue on your usual. If not, then your decision.

Do you homework now and start analyzing what things you should do. You just can't take advices from the community because we have different approach on the situation.  

[pedangrusak]

I am reminded of the end of 2017 trend before prices rose to reach $ 19,000, the market trend was forced to fall far away and this was missed by investors to buy more, a moment later prices skyrocketed and the whales got big profits

[Potato Chips]

No one knows but I myself is expecting a few thousand rise before the year ends but definitely not an ATH-- its just seems so impossible rn, I think even $10K is hard but who knows. Its always like this, when the price is high, ppl are complaining they should've bought when the price is low or are asking if the price will ever get lower so they can buy more, meanwhile when the price is low, ppl are acting like its the end of the world, like why buy when its not gonna go up?  

As said by the other user, every high and low is an opportunity but some ppl prefer to hold long term as it is more safer and less trouble or maybe divide their capitals and do both. If I were you, maintain your emotional posture, make sure its balance. A big example is have another source of income aside from cryto trading or just make sure your savings greatly outweighs your trading capital because most ppl whose trading with their lifeline (capital outweighs savings) are more likely to have panic attacks.

[bL4nkcode]

Your loss if you sell at this current market, not unless if you're one of these panic traders who sold when the price was still at 6400-6300. But as what other mentioned above, in the other threads or on any other community websites that when the market got this scenario just hodl. This event is due to this shitty hard fork, whereas the community doesn't agree but still they proceed until this chaos occured.

[S_Therapist]

The same was happened in November 2017 too before the way to the new ATH. But this time, it's quite impossible to hit an ATH. I assume we will see some good hype sooner as someone mentioned earlier.

[Tamilson]

The same was happened in November 2017 too before the way to the new ATH. But this time, it's quite impossible to hit an ATH. I assume we will see some good hype sooner as someone mentioned earlier.

Inshallah.
I'm still trying to absorb this sudden fall like I just woke up today and seeing my portfolio losses almost half, yet selling now won't makr it better as it will just worsen the losses. Just keep it or take a break and go back next week. Sure, we will see more dump as the weekend approach.

[Shinpako09]

When market is falling down, the best thing to do is hold your coin and buy more coin. Don't you do panic sell because you'll regret it. Follow that three I mention and you're good. You have avoided losses, at the same you've make more profit. Patience is the key when we are at this moment.

[jems]

Keep investing wisely, no one knows what will happen tomorrow or so on. The market situation has declined since yesterday, which proves that sometimes all the possibilities we speculate do not always go as expected.

[Shafiqul Islam]

Nothing can do.. Only patients is a main target because cryptocurrency patients is a important virtue. I decide to holding my bitcoin as a long time period.

[jeniferqueen0409]

Reason to buy now? The lower value is the reason and of course the market will recover. But in my opinion, there is nothing to do with this market, things are getting worse.

[canaveralnonie]

Not at all, since the market is still 100 percent active around the globe. Which mean, it falls but everything is expected...since this is a market that has a lot of different scenario. The most important part is the positivity of it's survival and continues growing of each field, the main thing needed is about regulation and take action of different wrong doers.

[ralle14]

Buying Bitcoin at this time might sound like a good idea but keep in mind that if it goes down even further your investment will be in a terrible position.

We all know Bitcoin can increase next month since it always does every single year but expecting a jump is something unexpected. 

But in my opinion, there is nothing to do with this market, things are getting worse.

It looks bad but it's not getting worse tbh.

[Cryptovert]

We just have to wait. No one knows how long (except whales   ) This applies to hodlers. as mentioned above, traders should make a profit in any situation

[LeGaulois]

Depending on what you can afford to lose and what was the main reason to use cryptos. If it was for investing you have 3 choices:

1) You are already at loss, you keep your coins and wait to see the market recovering, It can take several weeks or months.
2) You manage to reduce the loss by trying to generate a profit with the coins. You also increase the risk to lose more..
3) You're in profits but aren't confident enough for the future, you sell and leave the market. You don't take any risk.

It's up to people to decide considering their personal situation.

[EdenHazard]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it? If the growth is, will it be similarly sharp?

I think that everyone who comes to invest is to get a profit, there is no one who has a hope that he will get a loss when investing, it is impossible to happen even more someone who uses money sincerely even if he just disappears. And you too, have a target to get profits not to get losses from your investing. Actually you already have your own answer for this issue but you are hesitant to choose if you do not know what someone will do, if I myself will choose to keep hold even though the price of bitcoin continues to decline, because it is one of the best ways to realize a hope to get profit.

[roosbit]

Friends, general trend of the market has gone down, do you think it will be jumping up to the end of the year? Is it a reason to buy it?

I think we all know that in crypto what goes down must come up, so knowing this...crypto price is expected to go up agnd if you buying the dip now it's quite easy to recover a profit in a short time.

If the growth is, will it be similarly sharp?

This we need to experience, it's difficult to predict the nature of a price rise