BitcoinHunt3r
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February 18, 2020, 02:32:43 AM |
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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
Keep relax i think is the main key, because although you are an expert, if you panic your skill wouldn't really helpful. If me maybe from that option, relaxy is number 2 because i will be panic. Not means i can't give suggestion because no need to do that thing first if we can give good suggestion for other people. If me i will sell my coins first because sometime i afraid if the coin keep dumped.
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RealMalatesta
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February 18, 2020, 12:49:28 PM |
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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. But we should never forget how volatile the markets are and even those markets might just move exactly opposite as you predicted. Perhaps it might even be possible that each of the coins start having dump which would never give you profits if you just bought at a higher price and that price gets hard to touch again. That is the reason why you should always think in both the directions. The markets might not always move as per desired. You have to bear loss sometimes. In case the markets start having a major dump than you should sell those coins no matter how much loss you have to face but you have to cover the loss by making some minor profits from the same markets.
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alexsandria
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February 18, 2020, 02:15:20 PM |
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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
How to deal with the worst market? Then probably let be it in which you just relax and let it happens, the market in unpredictable and the cryptocurrency is changing everytime and it is fluctuating all of the time so no nrrd to eorry, if the market seems bad right now then probably there is a chance that the market is already good tomorrow that is how to deal with the market, if you don't want to lose any amount of your money then probably just hold your coins and wait for the right time to sell it and don't panic if the value of your coin dump so high because there is a chance that it will pump so high or increase tomorrow.
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Ridwan Fauzi
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February 18, 2020, 02:39:14 PM |
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Depend to your intention actually, if your intention was to hold them for long term pariode then you don't need to worry although the price coin that you hold is decreasing.
If you set those thing before you invest then the three that you mentioned won't be taken anymore. You will never try to sell because you will have your own strategy, and you don't need someone else predcition.
So if I were you, I'll play safe to deal with this situation. I mean, although my intention was long term investment then I'll find using technical analyst and finally I will got the prediction which I think it will be right and will get profit.
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hirngespenst
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February 18, 2020, 04:20:42 PM |
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I agree with your points, not everyone can make the right decision in a bad time, but selling coins for being safe is a very positive idea! To me, I will sell my holding coins and will buy later when the market will go lower. I followed this strategy in 2018 when the Bitcoin price was 3400$! Therefore the third option also great advice, because if your invested coins are good enough and you believe all will go up again with the Bitcoin grows then you can stay calm, relax instead of selling at a low price!
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Divinespark
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February 18, 2020, 04:24:51 PM |
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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
It is up to you and the altcoin you are holding. If you are holding Bitcoin and the leading altcoins in the market, you do not need to panic. Sooner or later, its price will go up again, but if you hold altcoins outside the top 10, you need to sell because its price is difficult to go up after each collapse. Sell and buy them back for a cheaper price
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serjent05
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February 18, 2020, 04:39:09 PM |
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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
It is up to you and the altcoin you are holding. If you are holding Bitcoin and the leading altcoins in the market, you do not need to panic. Sooner or later, its price will go up again, but if you hold altcoins outside the top 10, you need to sell because its price is difficult to go up after each collapse. Sell and buy them back for a cheaper price The sooner or later, the price goes up thing does not apply to all cryptocurrencies. We still need to check the market and the condition of the project. There are lots of once lively coin that is so dead now. I agree with your points, not everyone can make the right decision in a bad time, but selling coins for being safe is a very positive idea! To me, I will sell my holding coins and will buy later when the market will go lower. I followed this strategy in 2018 when the Bitcoin price was 3400$! Therefore the third option also great advice, because if your invested coins are good enough and you believe all will go up again with the Bitcoin grows then you can stay calm, relax instead of selling at a low price!
Indeed cutting losses and buying at the dip is the best strategy to go if we are right in our assumption. Just to let you know, several investors did this (short their trade and expect for the price to go down) but right after they sold their holding price rally up to x times the previous price. In short, it is not the safest method because risk of the market rallying up after the short is always there.
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zarintasnim
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February 18, 2020, 05:47:06 PM |
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In worst market we should keep patience. Its not good idea that sale your all coin in worst market. You should wait for good time. Don't panic to look bad market. Market will be sure rise up. And give you very good return.
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bttmember
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February 18, 2020, 06:03:13 PM |
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I think there is nothing need to be done as far as you are in for the long run, ups and downs are normal and part of every financial market, we need to be mature enough to know that nothing can move straight up, rest assured seems like overall sentiment is positive now in the market which will result in continuation of bullish wave.
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isaac_clarke22
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February 18, 2020, 06:07:37 PM |
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Don't sell a lot. In times of even the bearish trend, I still sell a bit to fiat cash for the sake of my earnings to satisfy my needs that wouldn't be done through crypto. It won't hurt a lot but just don't play the all-out game. This isn't a card game that you can just bet and hope for the best. Understand if you're really screwed with the current market condition, and decide if selling would be the best idea right now. The rest of what the OP said seems pretty easy if you had done the first at the right way.
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cytpoway121
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February 18, 2020, 06:16:21 PM |
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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
When the market is worst and you are shorts already The first step is to evaluate your portfolio evaluate each assets on your portfolio and determine their chances of success. Then decide is cutting loss or holding indefinitely will br the way
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chennappa121
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February 18, 2020, 06:35:39 PM |
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That the way we called crypto investments is very risky and we can make profits double or more then that within short time in crypto market but we have understand the crypto market very well and choose best coins to invest and hold that until reach your target and do not sell in panic.
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TheGreatPython
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February 18, 2020, 06:41:22 PM |
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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
Keep relax i think is the main key, because although you are an expert, if you panic your skill wouldn't really helpful. If me maybe from that option, relaxy is number 2 because i will be panic. Not means i can't give suggestion because no need to do that thing first if we can give good suggestion for other people. If me i will sell my coins first because sometime i afraid if the coin keep dumped. You would need some deep research to identify the dump or the pump. There are different types of markets and hence our strategies vary depending on each of these markets. In spot trading we could try to hold the coin until we see the price getting back to normal but in case of futures or margin trading, you have to sell your coins at loss if the price starts descending or else all of your funds might be liquidated. So it entirely depends on the markets you are trading. Most of the times, try to avoid selling at loss because these losses can add up to be a major loss ahead. You have to change your strategy if the markets are moving in opposite direction. Try to find profits in small dumps and pumps which can cover your loss.
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iamaruf
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February 18, 2020, 06:44:26 PM |
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I always prefer sell coins and be safe if you don’t have enough knowledge about your assets. Because in bleeding time I don’t want to take risks.because I suffered in 2018 for my bad steps.after that I always try to safe.and if i see something wrong i just sell my coins.
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bittraffic
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February 18, 2020, 07:04:33 PM |
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Waiting for the price to dip again for you to be able to buy again needs a lot of patience to resist in buying too early. Its a punishment when you see prices constantly rising while you are are holding your USDT waiting for price to dip. I wouldn't do this unless I mistakenly dumped. Its best to just buy every time there is a crash of price and then never sell while the bullrun just keeps moving up. It will go up because halving is yet to come.
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coinfinger
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February 18, 2020, 07:58:45 PM |
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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
How could we be safe by selling our coins? This indeed is panic selling. The markets might never run according to our predictions. We would see the markets running in opposite direction a lot of times and in such times we should patiently hold our coins until our expected price is reached so that we could than execute a sell order. Cryptocurrency markets are most volatile which might also make the price go in negative direction. In this situation, we should try to hold our coins by setting a stop-loss. You should never forget to set up a stop-loss in order to avoid excess loss. Most of the times, try to be patient as the prices would again move upwards in much less time.
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BitcoinPanther
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February 18, 2020, 09:35:57 PM |
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Just relax. There is nothing worst scenario than going back to what we have started. So we better handle every situation with a good heart and relax mind. We cannot properly decide if we panic or when we are driven by emotion. It is when we should think of a better way and get up from our loses. We should need a game plan and contingency measures.
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Rengga Jati
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February 18, 2020, 09:46:33 PM |
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- Wait for a little bounce back and exit
Why "exit"? I think it is not needed. This seems like "give up", and it is a bad way for a crypto investor/trader. You must be ready with every condition on the market when you decide to invest/trade crypto coins. - Let it be and remain Relax
Yes, just relax and wait for the next bull season. This is what smart investors/traders do, let it be and stay calm to wait for the changes in the market trend.
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leowonderful
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February 18, 2020, 09:49:52 PM |
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You should always be ready at any time to cut your losses as your risk management or trading plan tells you to as well. Although you may find it likely that Bitcoin or any other altcoin will strongly rise in the future, as the OP mentioned, things can and will go wrong in crypto and you might be caught holding a bag for months or maybe even years at a loss. There are times when it's appropriate to hold coins temporarily, but also realize that many coins end up dipping in price and never come back up. I know personally it can be very hard to accept a loss, but there are an infinite amount of potentially profitable trading opportunities in the future too.
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livingfree
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February 20, 2020, 08:44:51 PM |
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Selling our coins? it should be selling or cutting loss. This will prevent you to further losses however, if you don't plan to recover, you won't invest again anymore and don't buy that coin that made you lost. But this is crypto and that's a basic situation for most investors.
The coins that we're having trouble right now, might perform good tomorrow. Most of the time, by just holding your assets you won't face trouble and it's a better suggestion rather than having an exit. This is more for the panic folks.
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