What would you do? | Is this the end of inflated markets?

[Ultegra134]

Not here to spread rumors or post FUD. That's not my intention, I only want to vent and discuss the current situation.
I've bought Ethereum before it crashed so bad, now I've lost a reasonable amount of money, and by looking at the graphs, most coins have shown no resistance to ease the fall.

I'm starting to think that the market's prices were way too inflated, not realistic, and a situation like this one was bound to happen one day. What would you do? Sell now, before it dumps even further, or keep holding hoping it will recover in the future?

[Asuspawer09]

You already made the wrong decision or maybe your unlucky buying before the market price going down, and that's really unfortunate.

For me you can't really make a profit easy in the market, I mean you can but not every time, but you're not really going to lose the value of your Ethereum unless you sell it at a lower market price.

I'm holding my bitcoin until now and planning to hold even if the market drops, but I don't really think it will drop down to around 30k$ same as in the case of Ethereum. The best move was to keep holding until it recovers and you make a profit. Be patient it's now always easy to make a profit, you could just invest for now every time the market continues to go down.

[Killcobracoin]

How much you bought? i suggest to take it easy. For now is not a dump... Its only a normal correction. I was one of the ones gthat bought btc in 2017 at 20k. The panic of reapeting that, is always there, but this time we have good support of institutions and seems to be the start of crypto. I suggest to wait minimum a month. Btc will propably touch 70K in march. So dont worry and dont sell now.

[20kevin20]

Worst thing you can do is take a choice based on the "predictions" coming from complete strangers off the Internet.

You can right now take this three ways:
 1. The market is about to dump brutally. Possibly for a short timespan, or maybe for a longer one. Maybe a 2015 kind of crash. Best action to take here? Dump everything and wait for a better opportunity to purchase.
 2. The market will recover and pump back upwards in a short time. Best action to take? Purchase now..
 3. Whatever happens, you can take advantage of this dump to lower down your average purchase price.

Is the money you've invested.. money you can afford to lose? If so (and it should be, if you want your investments not to ruin your life, then it might be best to follow your gut feeling rather than following a stranger's prediction.

Crypto markets are known for brutal price drops every now and then. The more years you stay & play in the markets, the more used you get to it. Yeah, dumps happen. But how much were all those coins an year ago (or 2, or 3) and how much are they today? Most people who purchase during these dumps and hodl for the next few years get to earn a good profit, although you have to resist not to be a weak hand during all this time.

I know the feeling a less experienced crypto user gets when markets go wild and then parabolically drop. I have an honest feeling that BTC and a few other coins are here to stay (ETH included; although I don't support it, I think there are many, many others who do), so I'll act based on this feeling of certainty. Don't let emotions control you. That's the worst thing you can do

[Twinkledoe]

How much you bought? i suggest to take it easy. For now is not a dump... Its only a normal correction. I was one of the ones gthat bought btc in 2017 at 20k. The panic of reapeting that, is always there, but this time we have good support of institutions and seems to be the start of crypto. I suggest to wait minimum a month. Btc will propably touch 70K in march. So dont worry and dont sell now.

The OP bought ETH, and I think even if we are in red today, it will go up again as the decrease is not forever, just like the increase of price. So if he can hold his ETH and wait for the time at least higher than what he bought, he will be not negative with his investments. That is, if he can wait. What we are seeing today is just normal market movement. So nothing unusual actually.

[Hippocrypto]

Not here to spread rumors or post FUD. That's not my intention, I only want to vent and discuss the current situation.
I've bought Ethereum before it crashed so bad, now I've lost a reasonable amount of money, and by looking at the graphs, most coins have shown no resistance to ease the fall.

I'm starting to think that the market's prices were way too inflated, not realistic, and a situation like this one was bound to happen one day. What would you do? Sell now, before it dumps even further, or keep holding hoping it will recover in the future?

I'd recommend selling only 30% of our asset if we're holding huge quantity of bitcoin, because it's not a wise decision when we dump entirely. The situation was too unpredictable, and we can't afford to lose our trades by the time bitcoin price will burst again. I'm sure that's really stressful to think of if we lost another opportunity again. Controlling our emotions is the only strategy to deal with pressures, and I think patience could be hard but you should learn to have it.

[2double0]

Crash or in other words, dump was going to happen because without it, the market cannot be run as profits were made enough, so markets reached a point where those profits were started to be taken out. Do not be sorry if you fomo'd and bought high because this very money that got out of the markets will come back at their desired prices. Regret is a cycle, today you will do it, tomorrow someone else will do it once they see the markets higher than your price. So don't regret and hold calmly.

[Darker45]

Unfortunately, your hands, my friend, are still weak. I can feel they're shaking. There's still a lot of emotions in you. Bitcoin at $46,300, ETH at $1,400, and so on, and you are thinking of the end?

Take a little step backward, just one tiny step, and you will begin to appreciate the current figures. When this year began, BTC was around $28,900, ETH around $730, and so forth. Merely a couple of months later, the prices of these two top coins are already appreciating so fast, even in its correction stage at this moment.

Well, it's up to you if you want to sell, but I guess that's how the prevailing inequitable division of wealth is reinforced. And oftentimes we wrongly blame the rich and the wealthy. Probably at this very moment, some average guys are selling their Bitcoin to the rich and powerful.

[yhiaali3]

You are the one who should be the decision maker, but before that you have to think carefully, for me I think that the market is a recovering market and you don't have to worry, you have to wait a while, this always happens in the market.
As for me, I will wait for some time and if the market does not recover I will sell at different levels and buy from the bottom again to try to reduce the loss.

[Ludmilla_rose1995]

If I were you, I would hold on for a while. Currently, the market is very difficult to predict, not necessarily the market will continue to dump. In my opinion, the market will recover soon. I doubt that if I cut loose, the price will go up.

[michellee]

I think that is because the bitcoin price does not increase high, but it is fluctuating from the high price to the lower price. The other coins are still trying to grow step by step, but some coins can get a high price shortly. If your reason to sell your coin is that you want to buy the coin at a low price and sell at a high price, that will not be a problem because you will have that chance many times. That is what I did so far, and although I can not always get a low price, I still happy because I can make a profit.

[BitcoinHodler]

your mistake was buying altcoins in first place which is why you have been losing a lot of money.

Ethereum's dump didn't start recently, it has been getting dumped for over 4 years now. The golden days of ETH was 2017 because of the ICO scam mania and ended right then and there. 2018, 19, 20 and 21 have been the days of ETH dumps.
with bitcoin price rise, this dump slows down and sometimes ETH USD value goes higher so people start thinking the dump is over but again when bitcoin stops the ETH dump continues.

what I do is that I never invest in shitcoins. I always only buy bitcoin.

[Ultegra134]

Worst thing you can do is take a choice based on the "predictions" coming from complete strangers off the Internet.

You can right now take this three ways:
 1. The market is about to dump brutally. Possibly for a short timespan, or maybe for a longer one. Maybe a 2015 kind of crash. Best action to take here? Dump everything and wait for a better opportunity to purchase.
 2. The market will recover and pump back upwards in a short time. Best action to take? Purchase now..
 3. Whatever happens, you can take advantage of this dump to lower down your average purchase price.

Is the money you've invested.. money you can afford to lose? If so (and it should be, if you want your investments not to ruin your life, then it might be best to follow your gut feeling rather than following a stranger's prediction.

Crypto markets are known for brutal price drops every now and then. The more years you stay & play in the markets, the more used you get to it. Yeah, dumps happen. But how much were all those coins an year ago (or 2, or 3) and how much are they today? Most people who purchase during these dumps and hodl for the next few years get to earn a good profit, although you have to resist not to be a weak hand during all this time.

I know the feeling a less experienced crypto user gets when markets go wild and then parabolically drop. I have an honest feeling that BTC and a few other coins are here to stay (ETH included; although I don't support it, I think there are many, many others who do), so I'll act based on this feeling of certainty. Don't let emotions control you. That's the worst thing you can do

Probably one of the best replies I've read so far. Of course, I am not going to fully take into account some stranger's predictions regarding my investment/money. Mostly trying to see what other people would do, collect some other views and so on. However, from one point of view, such a dump was expected, prices rose to a significant level extremely fast, faster than they should have. A correction down to $40.000, or even further could also be expected.

This isn't actually money I've spent, it came from holding funds I had earned from Altcoin mining and signature campaigns, then forgot about them when the dump happened in 2017. Basically, I haven't put my own money there, it's still money, but it hasn't come out of my own pocket. However, it would be stupid to say the least if I lose all of them. To answer your question, it is money I can afford to lose, but not really fond of the idea of it happening.

I bought during the dump, but at quite higher levels than those we are going through now. Thus, on one hand, it might be wiser to sell and buy at an even lower price, because to be honest, I think it will dump even further for the time being.

[davis196]

You say that you don't have intentions to post FUD,but you are actually posting FUD.
The crypto markets aren't that much inflated.They are just volatile.If Bitcoin(or any coin) can go from 20K to 56K in two months,then everyone must be ready for it to go back from 56K to 20K.This is normal.The prices don't always go up.
Every market in the world is more or less "inflated",due to the central bank money printing avalanche.I guess that the crypto market isn't that different.
My advise to you is to HODL your ethereum,but you can go ahead and join the panic selling crowd.
This is your money and your choice...

[lienfaye]

Whats the point of investing if you're going to sell at loss? You should know the risk and possible consequences of buying at the wrong time.

I understand that some of us are tempted to buy if the price is soaring high just to ride the hype, but if our expectation didnt happen dont let panic selling be an option.

Keep holding until the price surpass the value where you bought your coins. Be patient as well and forget the market fo a while this can help you to refrain for committing a decision that you might regret later on.

[Coinsfera]

Not here to spread rumors or post FUD. That's not my intention, I only want to vent and discuss the current situation.
I've bought Ethereum before it crashed so bad, now I've lost a reasonable amount of money, and by looking at the graphs, most coins have shown no resistance to ease the fall.

I'm starting to think that the market's prices were way too inflated, not realistic, and a situation like this one was bound to happen one day. What would you do? Sell now, before it dumps even further, or keep holding hoping it will recover in the future?

Bitcoin's price has reached a point that feels like the start of a bull run, or just before the bear market. Companies are developing, the foundations of Bitcoin are getting stronger, the miners are happy/winning, so the network and ecosystem as a whole are performing well. Therefore, for a long-term investment, making a punctual decision whether to sell or not now is a bit risky. Just, before making any decision, think about all factors that could affect the price.

[Ultegra134]

You say that you don't have intentions to post FUD,but you are actually posting FUD.
The crypto markets aren't that much inflated.They are just volatile.If Bitcoin(or any coin) can go from 20K to 56K in two months,then everyone must be ready for it to go back from 56K to 20K.This is normal.The prices don't always go up.
Every market in the world is more or less "inflated",due to the central bank money printing avalanche.I guess that the crypto market isn't that different.
My advise to you is to HODL your ethereum,but you can go ahead and join the panic selling crowd.
This is your money and your choice...

Of course, it's normal, it can't go up forever. My intention isn't to post FUD, I believe in Bitcoin and Cryptocurrency. However, I do believe that the market was significantly boosted in a very short period, thus, a correction back to more earthly levels was expected, and normal. I messed up by buying at a higher price because I misjudged the dump, I thought it wouldn't last that long.

On the other hand, I believe that Bitcoin will actually recover, sooner or later, but it will take time to recover back to where it was. Seeing my money sitting aside providing nothing is something that is troubling me to say the least.

[molsewid]

Of course, it's normal, it can't go up forever. My intention isn't to post FUD, I believe in Bitcoin and Cryptocurrency. However, I do believe that the market was significantly boosted in a very short period, thus, a correction back to more earthly levels was expected, and normal. I messed up by buying at a higher price because I misjudged the dump, I thought it wouldn't last that long.

On the other hand, I believe that Bitcoin will actually recover, sooner or later, but it will take time to recover back to where it was. Seeing my money sitting aside providing nothing is something that is troubling me to say the least.

Yes sometimes I think it is overbought that's why this recent market correction is needed as we can see after a correction there will be a chsnges in the market, for example in bitcoin we think that it would go lower and lower but market rejects it and it pumps again, we're nearly back to 50k, all of us or most of us thought that it will go lower to 30k because that is the support until it shows some changes when this February ended it shows bullish again (I'm not a pro anyway), but this is my assumption.

[Ultegra134]

Of course, it's normal, it can't go up forever. My intention isn't to post FUD, I believe in Bitcoin and Cryptocurrency. However, I do believe that the market was significantly boosted in a very short period, thus, a correction back to more earthly levels was expected, and normal. I messed up by buying at a higher price because I misjudged the dump, I thought it wouldn't last that long.

On the other hand, I believe that Bitcoin will actually recover, sooner or later, but it will take time to recover back to where it was. Seeing my money sitting aside providing nothing is something that is troubling me to say the least.

Yes sometimes I think it is overbought that's why this recent market correction is needed as we can see after a correction there will be a chsnges in the market, for example in bitcoin we think that it would go lower and lower but market rejects it and it pumps again, we're nearly back to 50k, all of us or most of us thought that it will go lower to 30k because that is the support until it shows some changes when this February ended it shows bullish again (I'm not a pro anyway), but this is my assumption.

The market was definitely overbought, especially with the Musk/Tesla incident. If you take into account how much the prices spiked at that time, it was expected that this situation would come sooner or later. Unfortunately, I also thought that it would achieve a greater fall and sold yesterday at a lower price. You cannot really predict such moves, thus, I move my money into Yield farming for a while.

[dothebeats]

This is why most people advice to not buy during times of 'peak' without putting much thought and some analysis to it. This often happens. People get burned, money is lost, and all that's left for them to do is blame the investment/asset that they put money on and call it 'unfair' or 'overhyped' and the likes.

Personally, I think that bitcoin's current valuation is okay on where it is, considering that a lot of giant companies already see it as a viable investment in current times. I wouldn't say it's over-inflated, but rather you just invested at the wrong time, or perhaps impatient enough to not weather the current situation. We went back to $46k yesterday, but bounced back to $49k close to almost $50k just a few hours ago. This market is wild, highly-volatile, and unpredictable. But if you have the patience to come with your investment, I guess you wouldn't lose any money that you put even if you bought near the top.

Perhaps the joke phrase "patience is a talent" rings true. It's no longer a virtue, but rather a talent that not many possess nowadays.