What to do when price is dump??

[Bububoyeer]

The smart move of course will be to hold to the coins or tokens a trader already has in the portfolio, not to panic sell. Then for those in USDT, another smart move is to pick a coin of choice and buy into the dip because this is the best time for buys rather than when there's green. Many traders are yet to understand this.

[thiscomm]

indeed for now holding back is the best way to reduce the number of losses that we experience. but if we hold our coins for too long, I'm afraid the market will be even more bear. we know crypto in its rising prices with the many transactions they do, so when we store too many transactions will be lost, the market will be more bear. my advice still do buying and selling even though you get a little profit. I bought ETH coins yesterday at the red line -0.7% and sold it when the price rose at the red line -0.2%. maybe it's a small profit I received, but I think it will help the market to bull.

[joinfree]

In such a major market crash there are only two things that comes in mind. You either hodl unto the assets you have or buy more of some good cryptocurrencies with a solid use case which you know according to your research is going to bring you some good returns in the future when the market rises again.

[Furryball]

There is no perfect advice for OP question, if I tell you to change to usdt once price start falling the price can start surging and you will be left out, crypto market is very misleading unless you are an expert in market predictions, even most times market proves some experts wrong

[bonyaserg]

Personally, I think if the price falls, then you need to stop all operations and start the waiting time, since the price has the ability to rise and fall. And after an unspecified time, the price must again perform actions. And based on the results of these prices, it will be possible to make a small forecast in order to properly profit from the transaction.

[AicecreaME]

Technically, holding your funds while the market is dumping again is the very basic move to be done if you don't know anything at all on how to handle this kind of situation and stuff. But most of the professional traders are buying more promising tokens as an investment, that will give them huge profits once the market recovered.

It's a do or die situation, where you'll be hesitating on what to do, but my advice is whenever you're in doubt, just be patient and don't do anything stupid.

[masterrex]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

Yes sometimes it's better to do that method to minimize the risk, it is boring to wait sometimes But if you are willing to gamble I think even in this kind of market situation you can still gain some profit if you wish, the fluctuation of cryptocurrency price is continuously moving in 24-hour basis, in that case, I think anyone can buy during lows and sell during highs for that day. 

[Rodeo02]

Personally, I think if the price falls, then you need to stop all operations and start the waiting time, since the price has the ability to rise and fall. And after an unspecified time, the price must again perform actions. And based on the results of these prices, it will be possible to make a small forecast in order to properly profit from the transaction.

In fact, there are not many options for you at this time and you need to put your trust in the crypto market. Most people have lost a lot of money in the past few days and not everyone is confident enough to continue.

However, one way or another you need to stabilize your mentality and be always ready for the worst cases because the crypto market is often unable to predict anything.

those who panic selling is not really a believer its better if they sold thier holding when they  have time that the price of bitcoin is stable way back when the price is around 10k$ .

We only lost in usd value but as long as you hold it and no plan to sell then there still always chances the you will recover all the loses . Dont forget to also have stop lost if you are traders it will minimise the lost if something like this happen.

[seleme]

The price goes down because of the selling pressure but the flash crash happens when the traders rush to dumb whatever they have. The general crypto market is correlated with the other financial markets and the problems start when there is no demand because of the worldwide pandemic which is the current case now. The accumulation points should be watched closely and buy back the dirty cheap altcoins for dumping on another side of the trade.

[mahilchii]

Nowadays most them think in smart way, if the crypto price starts going down Immediately they change it to USDT and yes even I did it because I want to secure my asset rather than holding until the market recovers.

I suggest the same to the panic sellers not to rush to sell if the price goes down, this will impact more on the price and it will keep on going down. So it's better to change it to USDT or hold... And yes If you are ready to buy more and fill your bags Just go for it.

[totoy4741]

If you have some money to invest in you see that price is dumping then it is the right time to put your money in or maybe try to analyze the movement of market before making any decisions cause you'll never know if it still going to go down or will go up. Making wise decision is the best option in this kind of scenario cause you'll be one to decide whether you invest or not to.

[TWW]

If you have some money to invest in you see that price is dumping then it is the right time to put your money in or maybe try to analyze the movement of market before making any decisions cause you'll never know if it still going to go down or will go up. Making wise decision is the best option in this kind of scenario cause you'll be one to decide whether you invest or not to.

I am very difficult to analyze the current market movements. with some updates that have been prepared by this big project this year, I hope that there will not be a decrease again because I am ready to put my money into bitcoin. I'm just waiting for the best price and buying a little at this time.

[ballerin and giroud]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

Safe to stable coin is more than safe rather we keep them on the altcoin or even bitcoin. This thing will be good before the price down because when the lower price has touched maybe it could be wrong if you keep your asset on stable coin. Most of trader will take that situation as a good chance to recover their loses and they should buy it and you can wait for a few time its you will be profited. Like in the current situation, you should buy the coin back and keep them as much as possible. The increasing price is starting again and the coin price is still lower before the crash come.

[Malam90]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

I always hold my coins when dump and try to purchase as much as i can for reduction of average purchase price. This techniques helps me for regaining my capital in the top coins in coinmarketcap but shitcoins aren't suitable for this idea. So dump is not permanent but its implement in such a situation is very important.

[criket]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

I always hold my coins when dump and try to purchase as much as i can for reduction of average purchase price. This techniques helps me for regaining my capital in the top coins in coinmarketcap but shitcoins aren't suitable for this idea. So dump is not permanent but its implement in such a situation is very important.

selling shitcoin as fast as possible while still having a price is a good choice and holds more potential coins in a large market. but sometimes I find it hard to hold my assets when there is a decline. I will sell immediately even with a small profit and try to analyze it to be able to buy again at a better price.

[matchi2011]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

I always hold my coins when dump and try to purchase as much as i can for reduction of average purchase price. This techniques helps me for regaining my capital in the top coins in coinmarketcap but shitcoins aren't suitable for this idea. So dump is not permanent but its implement in such a situation is very important.

From that point of view, if you do trust the assets that you hold, buying more when the price falls gives you opportunities to earned back your loses from your previous holds when bounced back take place. It's not easy but to those who knows how to work well and do have trust to the market they can manage to stay focus and still positive that time will come and bring them benefits.

[pawanjain]

The matter of question here is that when do we know at what time to sell the coins and wait for it to buy again.
Here is where the problem lies and people lose the game. Most people buy and sell at the wrong time and  end up losing their money.

[Sendi blackspade team]

The matter of question here is that when do we know at what time to sell the coins and wait for it to buy again.
Here is where the problem lies and people lose the game. Most people buy and sell at the wrong time and  end up losing their money.

that's because they don't want to learn and develop by studying the asset market they have. from the start, I thought they already knew that the crypto market was full of risk of loss. but that's not what they think about how to minimize the investment risk they make. most only assume there will be an increase in the future, they already know there is no clear time. but they panicked about the state of decline that was happening all the time.

[vvu351]

The matter of question here is that when do we know at what time to sell the coins and wait for it to buy again.
Here is where the problem lies and people lose the game. Most people buy and sell at the wrong time and  end up losing their money.

that's because they don't want to learn and develop by studying the asset market they have. from the start, I thought they already knew that the crypto market was full of risk of loss. but that's not what they think about how to minimize the investment risk they make. most only assume there will be an increase in the future, they already know there is no clear time. but they panicked about the state of decline that was happening all the time.

It is not so easy to find a lot of time to study the cryptocurrency market. I think that only a few traders can afford to spend up to 8 hours a day on the cryptocurrency market.

[cytpoway121]

The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.


What do you think? Is it a smart move at this time?

For me i believe crypto currency trades doesn't work this way why ?
You need to be prepared to invest always, and if you hodl fiat, it will be impossible to do so quickly. You are advised to store your assets in USDT OR TETHER as a crypto investor to facilitate quick purchases.

And when it comes to buying the bottom prices ? are you confident you are not buying a rekt token ?
DYOR AND STAY CONFIDENT.