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Author Topic: How to Deal with worst Market  (Read 792 times)
fib1231 (OP)
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February 17, 2020, 03:34:52 PM
Last edit: February 17, 2020, 03:46:58 PM by fib1231
 #1

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax
styca
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February 17, 2020, 04:31:00 PM
 #2

The most important factor when assessing the market is context. Historical context in particular is very important. It's a cliche and a truism that crypto markets are volatile, but if you look over the longer term, years, then patterns are very apparent. An awareness of market cycles  can inform your decisions and prevent reckless fomo buying or panic selling.
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February 17, 2020, 04:41:11 PM
 #3

for some reason,altcoin a bit sensitive than bitcoin,even more i guess.on positive ways,we can get a tons of profit when the pump time coming,but the worst,we got REKT when bear come.
i guess the only solution for it just research which coin want you buy,then make a profit target,and consistent for it.
Kvalentine
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February 17, 2020, 04:55:30 PM
 #4

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

I keep saying it and I will keep saying it, crypto market is impossible to read, every little predictions are simply predictions and predictions are meant to be wrong most times, use USDT to avoid loss and buy back when coins are cheaper

Twentyonepaylots
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February 17, 2020, 06:00:49 PM
 #5

for some reason,altcoin a bit sensitive than bitcoin,even more i guess.on positive ways,we can get a tons of profit when the pump time coming,
I guess you described it the other way around, Bitcoin is more sensitive and reflective to your investment relative to its price unlike the alternatives. Altcoins can hardly double your capital even its price is less than a dollar due to some popularity reasons, even you pray a hundred times that it will pump , it won't.

but the worst,we got REKT when bear come.
i guess the only solution for it just research which coin want you buy,then make a profit target,and consistent for it.
The only solution is to think with a proper basis, always ask yourself if the coin is worth to wait the pump or not. And be too wary of the movements, just like what I have said the popularity of the coin contributes a lot on its price, just look at the top 10 man.
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February 17, 2020, 06:08:24 PM
 #6

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax


I think action should depend on the coin's situation.  We cannot do all those stuff in one coin since if we do one of the listed, we cannot do the other two.  But before taking any action, we should analyze the coin's project first.  We must know the activity of the developer and community, then whatever our findings are, that is the time we can decide which action to do.

Quote
  • Sell our Coins and be safe
I may do thisif the project is dead and development is totally abandoned.

Quote
  • Wait for a little bounce back and exit
This one would be good if we decided to not hold the coins anymore and plan to exit with profit at least.

Quote
  • Let it be and remain Relax
If the development is still ongoing and community is growing.  The time will come that this project will recover.

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Marckolind
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February 17, 2020, 06:20:17 PM
 #7

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax


That's the same as saying everyone should off have sold all their coins in January 2017, only to witness the biggest bull run happen in the whole crypto industry. The same thing is likely to happen, either this year, or next year.
Don't be so impatient!

Research
Invest
Hold on...

Blocknet bounced 300% just recently, one of the most undervalued projects I know off, and seems to make another move (20%+) despite the low volume.

Do your own research, Blocknet was the first project to develop a DEX, and is working on a decentralized oracle solution (currently in beta), so it's definitely a good idea to keep a good eye on this one.
mahilchii
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February 17, 2020, 09:03:56 PM
 #8

If it is me then I will hold my assets and wait for few more months, see crypto is only to those who are planning for long-term. Sometimes market will crash hardly and it will bounce back it depends, we must always be ready to get used to it. Also kindly don't sell your holdings especially when the market is turning bluddy, keep calm and wait for your day.

royalfestus
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February 17, 2020, 09:24:39 PM
 #9

One needs to manage his emotion very well in this market, nothing looks like a bad market here is just the regular correction we have seen in past months. It should not generate a big discussion every time. Whenever bitcoin is going down we might need to check altcoins' bitcoin value to analyse the extent of dump in the whole market, it might only be usd value dump.

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Febo
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February 17, 2020, 09:28:49 PM
 #10

How to Deal with worst Market

Man, price of Bitcoin and most altcoins was increasing for full strait two months. And then it correct a bit for two days people start crying. Worst market? How can be worst market when coins prices almost doubled in two months!!!
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February 17, 2020, 09:50:21 PM
 #11

That is, you offer everyone to sell their coins that they may have held for a long time only in order to reassure themselves and be safe.
I doubt that for someone such a choice will be acceptable, because we have already seen how the crypto market can grow in just a few weeks.

Therefore, I assume that most altcoin holders will continue to hold .

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Jating
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February 17, 2020, 10:45:43 PM
 #12

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax


I think your tip is somewhat late though, I mean the worsening market conditions is around 2018-2019 and this year it seems that we are having a good bounce because investors restoring their faith again.

So basically what we need to do now is to continue to invest on the top 10 altcoins and then continue to hold. No need to panic as this point, patience is the key here.
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February 17, 2020, 10:58:15 PM
 #13

Know how to deal with the most volatile market and sell only if you know how to execute it and if it reaches your cost cutting price but if you don’t have it then keep holding and remain focus. This is not a worst market btw, if its just a small correction then its normal but if its last then know when to buy again.

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February 17, 2020, 11:13:03 PM
 #14

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

I may not agree that we could do all of that on the coin that we are supporting. I believe that it depends on the situation of the coin and we have to be very smart on doing decisions on every situation. Panicking is not a good move specially when doing decisions, we should evaluate first the situation before we make our decision.
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February 17, 2020, 11:46:47 PM
 #15

facing worst market condition need fresh mind, we must think clearly for every single decision that we will take. even that cut loss or hold our portofolio. if we have trading skill we would not be panic when market suddenly crashing. only few people that prepare their self well before start trading in cryptocurrency market.
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February 17, 2020, 11:50:32 PM
 #16

First of all Study the market carefully and then I will suggest if there will be re-bounce or is just a correctional market then i will suggest you hold on let things settle down a bit but if you have an unsure coin then is best to take losses and walk away before it hit point of no return 

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February 18, 2020, 01:56:38 AM
 #17

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax


I just experienced this just this week and I choose to remain relax or calm and let things be because this is natural and has been happening since the start of Cryptocurrency trading, we are in the bull season the market will always bounce back, history already prove that.


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February 18, 2020, 02:15:10 AM
 #18

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax

This situation learn me one thing that top exchange listed coin don't pay well even Binance exchange. Sell your coin and stay with Bitcoin until halving this year. Sell your coin if you invested in IEO then let it be and remain relax. You should panic in every coin without only USD or stable coin.

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February 18, 2020, 02:19:52 AM
 #19

Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,

  • Sell our Coins and be safe
  • Wait for a little bounce back and exit
  • Let it be and remain Relax


Isnt that coward moves? When the market crashes and your asset becomes red, the best thing to do is hold it off until it becomes break even or at least some profits have been made. I will never sell at a loss except if the tokens came from bounty thats the least I can do for a free money tokens that I received. But trading wise, no especially if you invest using your own money.

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February 18, 2020, 02:20:27 AM
 #20

First of all Study the market carefully and then I will suggest if there will be re-bounce or is just a correctional market then i will suggest you hold on let things settle down a bit but if you have an unsure coin then is best to take losses and walk away before it hit point of no return 
I think market will correct after a period of price increases and it is a very good opportunity to consider investing in some coins. In fact, there are many new options for investors and it does not take too long to research because if the community of the project works well, the project will certainly be very successful. In addition, this year's investment trend is better than last year so making profits will become easier.

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