What to do when price is dump??

[yohananaomi]

I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.

it's never too late or lose the moment to sell an asset when it's good, because now is also a good moment to buy and hold at the same time as it has. waiting and waiting again for the market to start moving up, at the same time doing what feels that the right time to do the execution. be patient that movement to rise again will occur and must be optimistic.

[Sterbens]

I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.

it's never too late or lose the moment to sell an asset when it's good, because now is also a good moment to buy and hold at the same time as it has. waiting and waiting again for the market to start moving up, at the same time doing what feels that the right time to do the execution. be patient that movement to rise again will occur and must be optimistic.

If we think positively or not influence on FUD news then I think this is indeed our time to buy more coins because we know this problem will be resolved in an uncertain time so I don't think there is a need to sell assets but it is better to buy when prices are low and do not be influenced by anyone, remember this year we will be halving so the possibility of a slight or large increase will occur.

[Kelvinid]

I bought some of my Bitcoin at $7k plus, does it make sense if I sell it today? Of course, not really a good idea and it is absolutely a dumb loss for me.
For a situation like this, you have nothing to but to wait. Not really a hard thing to do when you still believe the capability of the market and our brain isn't eaten by FUDs and FOMO. Panic sellers will obviously be in the loss of their good minds and their actions might save their own but couldn't make to save the falling market. It is just good if they sell their coins with a profit but if not, it was sorry.

[DonFacundo]

Set stop loss so you will not losing money when the price is dump, just convert into stable coin like tether or dai. If the prices of cryptos reaching at the bottom, I guess that is the best time to buy back.

[Moeda]

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 think now is the right time to buy, because almost all crypto is falling. This is a good opportunity. In this month the price of Bitcoin has fallen from the price of $ 8000 to $ 5000. And now the price is still at $ 5,000. This means that this is a good opportunity to buy. In one day the price of Bitcoin fell and increased between 10%.

[LbtalkL]

The volatility of the market now is very strange, What if you have converted on USDT too soon and the price skyrocket? But it is better than being rekt.
It is really hard to predict which way the market is going right now there is some movement on BTC like $500 or more in just hours. I guess it has something to do with Futures/contract/ leverage trading. I hope there is no manipulation.

[kisfoxs]

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?

Everyone has their own way to handle dump prices. And I personally will not hold the coin because of the enormous risk. In addition, the current economic conditions are declining and this will affect Cryptocurrency assets. A good solution is to sell assets and buy back when prices are already very low. The solution I thought would be better because I personally did that. And the result can make a profit, although my profit is very little.

[AicecreaME]

The issue is that people don't usually have the patience to hold at loss as it usually takes time to. recover very it back except for daily trading during stable market

The reason for that is because holding can cause traumatic experience in all of us who holds financially, therefore you'll fund yourself in between selling or holding and be patient, just like what you have mentioned. It is hard to deal with, since you're scared to repeat the same mistake again and again, it is very confusing but once you get over with it, and you reset yourself, you'll find yourself again productive and not afraid anymore in taking the risk when it comes to making profits during the dip or not.

[koang]

I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.

What coins did you buy recently? Is the coin the same as what you had before?
If you buy the same coin as you hold, it will be easier for you to reach the target minimum price when you want to sell it

But more important than all of that is, invest only as much as you can afford to lose.
With current market conditions, don't expect miracles to happen

[yohananaomi]

I lost the moment to sell all the assets I have and for now I only hold the assets I have until the market grows and buy a few coins with my other money.

What coins did you buy recently? Is the coin the same as what you had before?
If you buy the same coin as you hold, it will be easier for you to reach the target minimum price when you want to sell it

But more important than all of that is, invest only as much as you can afford to lose.
With current market conditions, don't expect miracles to happen

but there is no need to be pessimistic because you lose the moment you should get, as long as you still hold a token that is very potential, just waiting for the time then the moment will come back and remain patient.

if there is more capital, the right time if you want to invest. Although there is no guarantee that recovery will be fast, it can be assured that it will pass soon.

[suryapro]

yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.

[rahmatullah9305]

yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.

Obviously, for those who have more money or have spare money, it is better to buy a few coins that have a sale value in the market, and hold some coins that we already have at the moment, because the current conditions will clearly pass even if not in soon.

[hd49728]

yes, I think so too. because at a time like this now, just holding and waiting for the situation to recover and stabilize. and in my opinion this is also the right time to buy some coins that have good sale value, such as BTC and Ethereum.

If I was you, I would not do this. I would make stop loss and wait price falls deeper to buy back, with more coins or tokens for my portfolio. I don't say that there is no chance to see price rising back to where it falls from but it is more wisely invest to apply cutloss to enrich portfolio, in number of total coins/ tokens, and in value. It is true and can be applied for both Bitcoin and all altcoins. Investors must decide fastly and determinantly to cut loss at very early time when price starts to fall.

[Greatchu]

If you are in for short term it's wise to cut short your loss by switching to USDT or other stable coins but if you are in for long term I don't see any reason to sell your coins but if you are good at trading you can easily double your Bitcoin

[Raflesia]

If I was you, I would not do this. I would make stop loss and wait price falls deeper to buy back, with more coins or tokens for my portfolio. I don't say that there is no chance to see price rising back to where it falls from but it is more wisely invest to apply cutloss to enrich portfolio, in number of total coins/ tokens, and in value. It is true and can be applied for both Bitcoin and all altcoins. Investors must decide fastly and determinantly to cut loss at very early time when price starts to fall.

Indeed, when market conditions like this have to move quickly to stop-loss because it will reduce losses that are so big but only traders who do so, but if you are as investor or want to hold longer then I think it does not matter as long as it is strong in a market that continues go down and don't look at the market if it's still like this.

But fast moving is the best thing in trading so funds for profit and loss are smaller compared to having to wait longer.

[Mame89]

When the price of cryptocurrency fell so deeply as we see today, there are actually a lot of opinions that arise because everyone must have different financial conditions there must be someone who says this is a golden opportunity there must also be someone who is lazy to see the market  and looking for another busy life while waiting for prices to return to normal or even more useful to busy yourself looking for a quality airdrop who knows later when conditions have gradually recovered there is a surprise that comes from what we are doing.

[ampere]

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?

On some aspects you are right, but i will offer some corrections.
When the price is dump, its not the right time to run to tether or fiat.

You ought to dyor and should have converted to usdt or fiat, right before the crash. As a trader or investor, you need to study the market well and make correct decisions too.

And if you refer to buying the dumps, then you are right, you need to have your tethers in hodling and ensure that you do not hodl fiats in cash because when the market is bearish conversion from cash or fiat to tether or bitcoin is at a high rate.

And finally, always do your own research.

[witbla]

Speaking about the crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple solutions. So as I understand, the switch will happen towards more technological and valuable solutions

[hwteeer]

Speaking about the crypto path, from my point of view, focus is going to change a bit. What do I mean? Investors are now a bit tired of similar and simple solutions. So as I understand, the switch will happen towards more technological and valuable solutions

I would agree with you here. I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you are just following any project with innovations. And if so, are there any advanced ones you can recommend?

[witbla]

I would agree with you here. I am having pretty similar vision. Another aspect that makes sense - how team delivers experience. So I always conduct own analysis, evaluating many factors etc. So just wonder whether you are just following any project with innovations. And if so, are there any advanced ones you can recommend?

Basically, my own favorite is Carnomaly. Carnomaly automotive rebate was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership. Consumers who hold CARR tokens will be placed into tiers which will allow certain benefits based on tokens held. The more tokens held, the higher the tier, the better the rebate is. Consumers will be able to get a max of a 30% rebate. And I also recommend you to have a closer look at their website, many different features are available there