Big Dump

[Ridwan Fauzi]

What is your point making this thread? To ask anyone here that we lose our money as well or that is a big lose? If you are trader you will get used to find this situation, especially when you future market trader then yeah losing $300 even more is commonplace.

It will be same when you are an investor, but you have to choose the pariode of time before you buy the coin. Because it will be affected to your result later, I mean when you are long term investment then you will let your entry although you are in lose situation because you have predicted that in the long term its price will be high than now.

[sayaya17]

I don't know what coin you're investing in. Make sure you invest in potential altcoins, and investing in bitcoin. Bitcoin has undergone a correction
and also make sure you do not immediately sell it if it has not made a profit properly. Maybe you bought bitcoin at a high price and when there is
a correction you sell it. That's what makes you lose some of your money. If you still hold it, you profit, because now bitcoin has created a new ATH.

[GelatikKembar]

I started selling. I was confused is it good to exit and buy low later.


My buying price was also good and investment  not much.


I was in a loss of around 300$ almost


It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.



What do you all say?

oh have you sold bitcoin or altcoin? if you sell altcoins I say you are very in a hurry, and if you sell bitcoin then you are quite unlucky because the price of bitcoin reaches the $ 50k level, of course this will create a new fomo in the crypto world, your step is to sell your investment and want to buy at Cheap prices are right, but don't be sorry if prices continue to rise without a dump or bearishness.

[carlisle1]

I started selling. I was confused is it good to exit and buy low later.


My buying price was also good and investment  not much.

What Coins are these? you are the only one who understand what are you trading here so don't expect clear answers from us.

I was in a loss of around 300$ almost

Sorry to Hear that but i lose more than that last year so thats fine.

It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.

You have already mentioned about the losse s, so total investment is 689 meaning the total funds back is 1,000 usd?

What do you all say?

Not unless you made your self clear here , i don't think there will be a clear answer.

[doctor877]

i believe you are acting emotional and you need to learn more about trading and investments so you will know to do, how to react to this kind of scenarios , determine if it will last long, how to buy more at dump and so on. its always advised that crypto investments is risky because of its volatility so do not ibvest what you cant afford to lose.

[k@suy]

Spot right? As long as it is having a value and that coin is kicking the market for me I will not gonna sell it, I'll wait for it to pump, do not sell your coin in an instant once you see some negative interest in your money, but be sure it is really profitable gather some news because sometimes you need to cut loss if the news are all negative and all about delisting so your losses might be decrease a little, be. careful and protect your investment.

[Saniati]

300$ loss means too many😥. Now if you want to trade and want to recover your funds.so you have learn about fundamental analysis. Invest in best coins. And Don't invest all money in one coins. You can invest 30-40% in one coin.

[Swordsoffreedom]

~
It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.
What do you all say?

In this game of Crypto most of the wise trader losses their initial deposit even they are able to pick the right coin. Do you know why? cause they don't have patience and do not study properly about market indicators. Most of them do not study MACD, RSI, ADX, SMA the main criteria of trading indicators, they do not bother about market overbought/oversold, they just follow their emotions & FOMO and loses their deposit. Only one suggestion for new traders, Don't do stupid mistakes, control your emotions rather than ignoring indicators and do study more and more learn how to use trading signals. Be a trader by doing study, not by destroying your capital.

[yohananaomi]

Spot right? As long as it is having a value and that coin is kicking the market for me I will not gonna sell it, I'll wait for it to pump, do not sell your coin in an instant once you see some negative interest in your money, but be sure it is really profitable gather some news because sometimes you need to cut loss if the news are all negative and all about delisting so your losses might be decrease a little, be. careful and protect your investment.

of course everyone will do the same as what you have done, as long as the coin we hold has a potential value it is a bad thing if we let go not to hold it. all we will do is hold back as hard as we can if the coins we hold are very profitable, even though there is negative news, we can certainly get rid of it because not all of that can happen, what is needed is patience in taking what actions we will do next.

always try our best to do something with our coins to be stored properly because we believe that the wallet where we store it can promise to still be the safest place to store it.

[bitgolden]

of course everyone will do the same as what you have done, as long as the coin we hold has a potential value it is a bad thing if we let go not to hold it. all we will do is hold back as hard as we can if the coins we hold are very profitable, even though there is negative news, we can certainly get rid of it because not all of that can happen, what is needed is patience in taking what actions we will do next.

always try our best to do something with our coins to be stored properly because we believe that the wallet where we store it can promise to still be the safest place to store it.

Holding is a great way to make money, we may discuss trading as much as we want but the real profit comes from holding at the right moment. If you bought BNB just two months ago and sold today you would have made nearly 6x return, close to 7x these days, that is a whole lot of money to be made with just holding, and you are not doing anything neither, you just hold your money in BNB and go live your day without any problems. This is why holding is always a lot better.

However the problem with holding is that, you do not know when will it go up or what will happen it could go down as well, sometimes the coins you hold do nothing for years and then suddenly it goes up 10x, so what should you do, hold it for years on off chance it may go up in the future? During those periods people tend to trade so that they could make a profit while waiting for things to go up.

[abel1337]

of course everyone will do the same as what you have done, as long as the coin we hold has a potential value it is a bad thing if we let go not to hold it. all we will do is hold back as hard as we can if the coins we hold are very profitable, even though there is negative news, we can certainly get rid of it because not all of that can happen, what is needed is patience in taking what actions we will do next.

always try our best to do something with our coins to be stored properly because we believe that the wallet where we store it can promise to still be the safest place to store it.

Holding is a great way to make money, we may discuss trading as much as we want but the real profit comes from holding at the right moment. If you bought BNB just two months ago and sold today you would have made nearly 6x return, close to 7x these days, that is a whole lot of money to be made with just holding, and you are not doing anything neither, you just hold your money in BNB and go live your day without any problems. This is why holding is always a lot better.

However the problem with holding is that, you do not know when will it go up or what will happen it could go down as well, sometimes the coins you hold do nothing for years and then suddenly it goes up 10x, so what should you do, hold it for years on off chance it may go up in the future? During those periods people tend to trade so that they could make a profit while waiting for things to go up.

Hodling is proven that it is effective and most of us surely have an asset that we hodl on like bitcoin. If you believed in a project and has potential, Why would you not hold it? Trading it would be an option if you want to become more active with your profits. BNB currently showing up a big pump within this week because of its recent trend in its smart chain and investors are going at it thinking that it would be the next ETH. If you are lucky enough that you bought some last year and hodl it till now, Well congratulations you earned great profits.

You could do something about predicting where will the price go. Using technical analysis and just researching the project's recent events is one of the things that can do to boost the accuracy of your price prediction.

[dimonstration]

i believe you are acting emotional and you need to learn more about trading and investments so you will know to do, how to react to this kind of scenarios , determine if it will last long, how to buy more at dump and so on. its always advised that crypto investments is risky because of its volatility so do not ibvest what you cant afford to lose.

The market is really volatile, we should be consistent in our plan whether to hold at that amount or sale. Its good to take profit but sometimes it's regretful when we take profit and the price moves way too fast up than before. Better have yourself ready for stop loss or set amounts intended for some loss and still have some backup to buy more. Remember we don't lose as long as we don't sell.

[CryptopreneurBrainboss]

I believe OP was talking about Bitcoin. It's obvious that he panic sold his share when he felt Bitcoin was dumping.

Since this thread was created on the 15th then OP must be referring to the dumped that happened on the evening of the 14th as a result of the rumors of the US Government warning that they won't allow Corporates to keep replacing Dollars With Bitcoin, warns Investment Advisor but it turns out this was just a fud and there was no authentic source to proof this article. This news saw the market experience a sudden dump that resulted in most alts been affected and they're still trying to recover from it.

Bitcoin on the others hand has benefited massively as more funds has been pouring in and the dumped created room for more investors both institutional (publicly and privately) and the average investors to buy into the market but at first it did have a negative effects impact and that was when the OP saw the market and decided to cash out. It was just poor timing on the side of the OP and nothing more..

[$crypto$]

i believe you are acting emotional and you need to learn more about trading and investments so you will know to do, how to react to this kind of scenarios , determine if it will last long, how to buy more at dump and so on. its always advised that crypto investments is risky because of its volatility so do not ibvest what you cant afford to lose.

The market is really volatile, we should be consistent in our plan whether to hold at that amount or sale. Its good to take profit but sometimes it's regretful when we take profit and the price moves way too fast up than before. Better have yourself ready for stop loss or set amounts intended for some loss and still have some backup to buy more. Remember we don't lose as long as we don't sell.

As much as possible we must be prepared with all the risks that will be faced in cryptocurrency, trading is now increasingly in demand because it is an irresistible profit but in it if you don't know it will be a loss and when to sell it, but indeed the crypto market is unstable even very fluctuations but at least we have to realize behind all that it is not as sweet as imagined in crypto trading and investing.

Many people are mistaken because they see other people taking away from trading unless we already understand that just buying cheap and selling expensive is easy, but about that analysis we need right now.

[ven7net]

I started selling. I was confused is it good to exit and buy low later.

My buying price was also good and investment  not much.

I was in a loss of around 300$ almost

It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.

What do you all say?

I believe that you were probably in a hurry when you sold your crypto asset, since you are now at a loss of $ 300. Possible reasons: you did not choose the right crypto asset for investment, you did not have a plan for your investment, or you just sold your crypto asset early. I understand perfectly well that it is very difficult to do everything correctly by investing in cryptocurrency. This is due to the fact that now it is very difficult to make the right decision, since we are always afraid of losing all the money or selling the crypto asset too early. I think you need to re-evaluate your investment and make a better decision for further action. Personally, I am currently holding my crypto assets in the hope of even more growth.

[gazilla]

Right now your best be is to invest in a good coin and wait for the gains. Trading is difficult at the times of bullrun. Just hold

[Renampun]

...

the best advice from me is 'just HODL'...
If you panic sells, then make sure you lose, but if you intend to continue to 'HODL' then the amounts of your assets will not decrease and you cannot be said to be losing. *be a strong hand

[Inspiron14]

I started selling. I was confused is it good to exit and buy low later.


My buying price was also good and investment  not much.


I was in a loss of around 300$ almost


It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.



What do you all say?

why did you lose $ 300?  the price of bitcoin and altcoin currently experiencing a high increase, have you missed the upward trend again? haha yes that's trading, sometimes we make wrong decisions, but if you give up because of that, then honestly it's a funny thing, buy altcoins again on the spot market, because this season is altcoin season!

[CryptopreneurBrainboss]

...

the best advice from me is 'just HODL'...
If you panic sells, then make sure you lose, but if you intend to continue to 'HODL' then the amounts of your assets will not decrease and you cannot be said to be losing. *be a strong hand

Seems there's a mistake in your first sentence because there's no way panic sellers should make sure they lose instead you should say if there is any panic selling ongoing then the seller should make sure he or she isn't in
lost. If the individual can take advantage of the market profitability then I don't see any issue with taking profit and rebuy when the market experience some corrections.

Although holding has always been the best strategy as it has less stress associated with it when comparison to trading and the profitability ratio is way above that of trading. There's 99% chance you would be profitable buying bitcoin now, good and sell back years later

[Xxmodded]

Did you remember what last tweet from CZ, if you wanna be rich you must hold and be patient with your assets and never panic for selling coin, but if you want not be rich you can sell your coin when have lower price. I believe with potential coins when dump have chance for us to get much profit because always amazing way for bitcoin and altcoin price. Every time have big chance for any coin break up to higher price and depend how can be patient when your coin dump.