Matthewmorris4
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November 20, 2018, 11:59:19 PM |
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
another way is to wait for the right time for entry, because if we misstep the entry trading even in a market we can consider dip, it can be very dangerous because what is feared is that this dip can still continue. Stop loss is also not really good but if at this time do you still not want to take this option?
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gesdan
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November 21, 2018, 12:12:41 AM |
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if you are a good investor and trader, and still believe in bitcoin and cryptocurrency, the best way is to buy more and more bitcoin and cryptocurrency, so when the price is increased, you can get profit
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alyssa85
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November 21, 2018, 12:22:02 AM |
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In my understanding, I think the current bear market situation is most likely being manipulated by whale investors which cause the crypto market to dive low. I believe that the best strategy for now is to hold your cryptos and just need to extend your patience. Other than that, if you still believe that cryptos will spike again, I would suggest that this could be the right time in buying more at a lower price.
My take is different. A lot of hedge funds got into bitcoin towards the end of last year. But now that the stock markets are falling (tech stocks are in a bear market), they're trying to liquidate stuff to raise cash for investors who want to cash out of the fund.
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mornabo
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November 21, 2018, 12:29:22 AM |
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In any case there is no stable value for Bitcoin and accordingly it is unknown where it will stop maybe tomorrow Bitcoin will be a worthless asset.. If you have invested as much as you can risk I recommend you hold it because already you afford to lose and there is also a chance of earning as much as the chance of losing.
I did not get your point, how dare you say bitcoin will be a worthless asset tomorrow and give advice to people to hold it? Sounds the same as they will kill themselves rather than earning from that. You should say the opposite if you advice people to hold them. Lol if you predict the price will worhtless in the future, why do you suggest to holding? of course it will only be in vain right? if you are looking for a way other than holding it, then you can use stop loss but make sure that you sell it when there is signal for prices drops back down again
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maydna
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November 21, 2018, 12:34:14 AM |
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Beside hold, we can buy more bitcoin because the price is at a low price. Besides that, I think if the price still moving down to up and down again, it means there is a gap between the down, up, and down and we can try to get the profit. But it is too risky because we can be stuck in the high price and we can difficult to sell it unless to cut loss.
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Findingnemo (OP)
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November 21, 2018, 06:01:55 AM |
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Other than holding everyone says that we can do day trading to minimize the loss from the profits on daily trade but I don't think it will be a solution as community.If we still holding means some people use this to dump and bump the prices and making profits with our holding.
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Google+
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November 21, 2018, 06:20:02 AM |
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there is nothing you can do anymore when prices fall like this, just holding the assets you have is the best way and avoiding the risk of more losses, you better keep holding back and try to look for other activities that can give you a little profit or look for activities the other positive.
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BuyBuyBitcoin
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Get Maximalist or Get Wrecked
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November 21, 2018, 06:28:16 AM |
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Many people saying that this current price fall is due to BCH hashrate war
Well they're wrong, so no point listening to whoever is saying that. what we can do now to minimize our losses other than saying the words HODLing as a community?
Wait for the bottom to be clear and buy more... this isn't difficult to figure out.
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Avoiding ICO's and Shitcoins | Finding where people can Buy Bitcoin Around the World.
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beatzcoin123
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November 21, 2018, 06:45:43 AM |
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i think you have got the right spirit for this kind of situation, i am also part of the small scale investors but i don't see this as a lose but rather an opportunity to store up more bitcoin and wait patiently for a price pump, though am not aware when this pump mayb occur but am very certain bitcoin will rise again.
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Rooster101
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November 21, 2018, 06:55:47 AM |
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Hodling may not be a problem for those who invested their cryptocurrencies in long term but those who don't want to hold any longer then they may opt for a cut loss instead. During long price downtrend, there's no better choice but to hold if you still want to earn profits. But if you have still some funds that you been set aside for crypto investment, then try to more coins while they are still at low price.
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pat4cryptoreal
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November 21, 2018, 09:49:25 AM |
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It takes those with large quantity of bitcoin to make impact in the market so the best thing to do now is to buy more bitcoin in order to use it and make possible impact in a time like this.
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CoinFoxs
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November 21, 2018, 11:02:08 AM |
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The only solution to save yourself from loss is holding because bitcoin market is crash and people bought bitcoin at high price and one thing more bitcoin analyst predicted that it will go to moon again soon by the end of this year or starting of 2019 so must hold your coins for at least 2-3 months otherwise you will regret later.
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sheenaedago
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November 21, 2018, 11:03:37 AM |
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i think you have got the right spirit for this kind of situation, i am also part of the small scale investors but i don't see this as a lose but rather an opportunity to store up more bitcoin and wait patiently for a price pump, though am not aware when this pump mayb occur but am very certain bitcoin will rise again.
Good to be an optimistic mate, because many people attached by the FUD news on which they are on panic selling and it is a big loses they've commit in cryptocurrency. Whereas, grabbing this opportunity has a certain output when we keep holding it with a wide patience. And I recommend holding is the best way among all aspects we could do.
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@rt27
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November 21, 2018, 11:08:28 AM |
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Formulating new strategy to deal this deep bearish market is necessary to minimize lose as long as possible. Avoiding huge loses through effective development of new approach how to survive could be hold or sell. Hold now is depends to everyone who are affected with this crash.
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Dudeperfect
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November 21, 2018, 11:36:31 AM |
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I believe that moment is a growth and hence spending cryptocurrency without converting it into any other form is the best possible way to contribute to the growth of it. Remember that Bitcoin is valuable today just because the early adopters decided to use their funds as a payment system instead of looking at it as the speculation instrument. Now it is our responsibility to do the same and it will improve the utility value of it over the period of time.
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Naughty Princess
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November 21, 2018, 11:37:49 AM |
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
If it is potential coin that you hold, continue waiting and buy more volume as well as you can benefit when the price pump but if not then you need to cut your lose before it become more worthless. Bitcoin is good coin so do not give up on it easily, take opportunity on the suddenly on the sudden down and do not contribute on much fall but help the market either.
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Serious Miner
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November 21, 2018, 11:40:09 AM |
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If you are not interested to hold then you should do your own research and analysis for what actually you want to do. The crypto market is still bleeding and price going down day by day. So it is too late already if you cut down your losses you should wait for a little more I think. But it's up to you mate.
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Barcode_
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November 21, 2018, 11:41:39 AM |
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if you are a good investor and trader, and still believe in bitcoin and cryptocurrency, the best way is to buy more and more bitcoin and cryptocurrency, so when the price is increased, you can get profit
I believe many investors are too afraid to pump in more of their own money into the crypto-currencies trading market at the moment, the situation now is quite bad, there are just way too much negative news surrounding crypto-currencies at this moment, and I think it would take some time before the whole trading market stabilizes again.
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dr.cheema
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November 21, 2018, 11:59:13 AM |
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If we can't HOLD Bitcoin or Ethereum then we should buy other cryptocurrency like Ripple, If we can't! Then sell at the current price move on and try to get job in pizZa shop, hope you will earn morr money than investing on crypto.
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Findingnemo (OP)
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November 21, 2018, 12:01:12 PM |
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what we can do now to minimize our losses other than saying the words HODLing as a community?
Wait for the bottom to be clear and buy more... this isn't difficult to figure out. If that is not difficult to find out,you know the bottom already? I thought that the bottom price of bitcoin for this year will be $6000 range since we have strong resistance at that point for too long but now it is at about $4000 so I am not clear about the bottom yet.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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