What will you do when the market goes down? This is my advice

[Question123]

When the market is dip like last year the things to do is to keep it and do not to sell it and better to buy more bitcoin and more altcoins of the potential coin and convert it once the bull run comes this year that's technique that you gonna do here at crypto world they need to be patient what ever happen to market. Everyone for sure have different ways of what they are doing during the market is very low ..

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[Altero]

When the market is dip like last year the things to do is to keep it and do not to sell it and better to buy more bitcoin and more altcoins of the potential coin and convert it once the bull run comes this year that's technique that you gonna do here at crypto world they need to be patient what ever happen to market. Everyone for sure have different ways of what they are doing during the market is very low ..

As we know, patient will be the key to help from not losing hard but we should not make it for a long term especially for a certain coins that are really affected with the dumps. We better to sell them and used to buy with other coins(potential), and we can recover those losses it made.

[BitHodler]

When the market is dip like last year the things to do is to keep it and do not to sell it and better to buy more bitcoin and more altcoins of the potential coin

If there is one thing you shouldn't be doing in an overall crypto bear market, then it's buying altcoins. Altcoins tank harder than Bitcoin and for that reason will lead to more harm than good in terms of your portfolio value.

Regarding altcoins with potential, it makes no difference in the grand scheme of things. Ethereum and Litecoin aren't shitcoins, but they still tanked well over 90% in quite a short period of time.

The thing with crypto bull or bear markets is that fundamentals don't matter in the short to mid term, because people just buy or sell because they see it pump or dump hard. In other words, greed and fear rules....

[Bagaji]

That if said if one is a trader he will lose money for holding your Bitcoin for a long time when prices are going down. The best to do is to keep holding and not to sell because if you sell you are equally contributing to the downward trends of the market. So, I encourage people to hold and equally buy more to encourage market to rebound.

[Abal Abal]

when the market goes down I am more likely to pay attention to it first, to ensure the lowest point
, then invest.

[imstillthebest]

As we know, patient will be the key to help from not losing hard but we should not make it for a long term especially for a certain coins that are really affected with the dumps. We better to sell them and used to buy with other coins(potential), and we can recover those losses it made.

As we know, patient will be the key to help from not losing hard

patient is not enough , you need to put action to it . patiently holding is the correct term to say and to do  .

but we should not make it for a long term especially for a certain coins that are really affected with the dumps

long term is actually the best solution to overcome such dumps because most dumps last a little long . short term is not beneficial and only limits your potential income .

We better to sell them and used to buy with other coins(potential), and we can recover those losses it made.

selling existing coins at a dump and buy other potential coins may not be a good idea to do because you will only loose . why cant you just  wait first for the market to go healthy before you do your plan  .

[marketone]

While we are making any profits through trading we need to hold those profits because when the market is going down we need to grab those coins. Most of the people will buy the coin at higher price and it is impossible to collect rhe coin at low price sometimes.

[rysea2]

That's right, it doesn't matter if we trade with small profits, but in this way we will avoid greed when trading. Because the average trader loses when they are greedy in taking profits and market movements do not support. And maybe what you say is true if the market conditions go down then we can change all our funds to a more stable coin.

[jrrsparkles]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

This is nothing new,which is day trading and have risk as well like holding.

What happens if the prices fell more and more while you holding the coins,you may not lose much of your capital but when you think the price will move so you just jumped from stable to bitcoin which results in more dump so it causes more dump so better to keep as it is when you are long term or just do trading of any of your kind to make profits.

[Barbut]

That's right, it doesn't matter if we trade with small profits, but in this way we will avoid greed when trading. Because the average trader loses when they are greedy in taking profits and market movements do not support. And maybe what you say is true if the market conditions go down then we can change all our funds to a more stable coin.

Market that goes up all the time doesnt exist, every market fluctuate. Range of this fluctuations is other topic, some have very small range, while cryptocurrencies can change the price, in both directions, for 50 or more percents in just couple days, in money that`s a lot. While cryptocurrencies are risky to trade cause of this fluctuations, many people dare to trade cause profit can be incredible too. For some it is, while some people lose, that will always be like that on every market. In times of dips we need to stay strong with some investments, some we will need to dump to not sink even more, what you do with single investment you need to decide by many factors.

[Fredomago]

When the market is dip like last year the things to do is to keep it and do not to sell it and better to buy more bitcoin and more altcoins of the potential coin and convert it once the bull run comes this year that's technique that you gonna do here at crypto world they need to be patient what ever happen to market. Everyone for sure have different ways of what they are doing during the market is very low ..

As we know, patient will be the key to help from not losing hard but we should not make it for a long term especially for a certain coins that are really affected with the dumps. We better to sell them and used to buy with other coins(potential), and we can recover those losses it made.

It can be done with good knowledge about the market, we should be more active so we will not lose hope or we can act rightfully in any
events, the market will bounce it's a matter of time and how you will hold for future benefits.

[Finestream]

That if said if one is a trader he will lose money for holding your Bitcoin for a long time when prices are going down. The best to do is to keep holding and not to sell because if you sell you are equally contributing to the downward trends of the market. So, I encourage people to hold and equally buy more to encourage market to rebound.

I agree.I believe we have our own ways to make profit despite of the market condition.While others prefer to sell their coins seeing the price continues to fall,i chose to hold them still because it's not that i don't want stoploss but because i believe that to make profits is just to patiently wait for the price to rise up.This market will not just stay in its downward trend forever.It will surely make a good rise in due time.

[LUCKMCFLY]

If the market goes down, then easy, win when the market goes down, that's all, the good trader does not care what direction the market takes, the good trader follows the market and wins with the direction...

[babysweetTiger0401]

I find that many people have a habit of holding ETH, BTC, altcoin for a long time and always hoping that it will rise again. If you are a trader, you will lose money for that. Set small target and sell them when you see profits. I only need 3-5% profit when trading.

If you see the market going down, stop loss before it's too late. You may lose 5-10% of the capital but when the market goes down you can buy more btc, eth when you hold btc, eth, altcoin.

Sell ​​all ETH, BTC into Stable Coin when the market goes down

If you are not good well in doing trade better for you to hold your coins while the market is down.
But if you are deeply experienced in trading, perhaps day trading is advisable for you to do it when you are in the
market exchange platform.

[Supercrypt]

The best to do is to keep holding and not to sell because if you sell you are equally contributing to the downward trends of the market. So, I encourage people to hold and equally buy more to encourage market to rebound.

With respect to bitcoin, I do always keep buying at dips. But I'm having different strategy for different altcoins as most other coins are not good for continuous buying whereas we must give them a break before buying back. I mean to say we cannot have any general rule for all the coins in bear markets. Because, all the coins are not having a real potential and real life applications but they are finding ways to survive just by speculations.

Only bitcoin and some major altcoins are good for accumulating with long term targets whereas most other coins are not enough them to support by buying at dips. I do simply stay away from them until the crypto space will be bouncing back to bull trend.

[bitbunnny]

The main mistake many people do when the market falls is that they start selling being afraid of loss. But actually by doing that you could only make things worse and accumulate even bigger loss. To my opinion the best is not to react at first and too quickly but wait for a moment and see how the situation will develope. Holding in such situations could turn out to be the best decision because market will recover sooner or later.
If you have some extra funds buy more coins when the market is down this is good for your own profit and for the market.

[Best Dreams]

When the market is dip like last year the things to do is to keep it and do not to sell it and better to buy more bitcoin and more altcoins of the potential coin and convert it once the bull run comes this year that's technique that you gonna do here at crypto world they need to be patient what ever happen to market. Everyone for sure have different ways of what they are doing during the market is very low ..

As we know, patient will be the key to help from not losing hard but we should not make it for a long term especially for a certain coins that are really affected with the dumps. We better to sell them and used to buy with other coins(potential), and we can recover those losses it made.

It can be done with good knowledge about the market, we should be more active so we will not lose hope or we can act rightfully in any
events, the market will bounce it's a matter of time and how you will hold for future benefits.

Nothing can be done without knowledge and without information about anything so if we are required to have good knowledge and information we should have, so if market goes down you should know what’s profitable for you holding and buying for sure, so I am going to keep holding and buying some more as you have advised to move accordingly.

[Dreamchaser21]

when the market goes down I am more likely to pay attention to it first, to ensure the lowest point
, then invest.

Waiting for the right price during the down trend is always a good one, I also stop trading for a while especially during the down trend because I want to know if its already the bottom so i can invest more and do trading again. We should always think to be more wiser everyday in trading.

[shield132]

As I see everyone here suggest to hold and wait for further rise, I disagree this. OP is right, better to trade even when price isn't great for you because very often it's easy to predict small rise and fall. Also hodling isn't good for bitcoin, why to freeze money for a while? Money has to be in circulation to develop and improve economy, if you stop factory, nothing will be made.

[Finestream]

when the market goes down I am more likely to pay attention to it first, to ensure the lowest point
, then invest.

Waiting for the right price during the down trend is always a good one, I also stop trading for a while especially during the down trend because I want to know if its already the bottom so i can invest more and do trading again. We should always think to be more wiser everyday in trading.

Right.With this current downward trend,we should be more wise to wait atleast for a little good price increase in the market so that when we trade,we can expect a good profit.For now,i still prefer to hold my coins and even buy some new coins that i think have also great potentials.I know i will make good profits with them in the future.