SacriFries11
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May 22, 2021, 02:18:51 PM |
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Because the market goes down, your possible profits are temporary gone but if you still able to hold it you will regain your profit soon if the market will goes up again. Holding your bitcoin if you will not able to sell it when the price of bitcoin is at $50k plus and adding more crypto currencies now is the right choice we need to do right now. Market will goes down in order for the market some correction and reset it.
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carlisle1
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May 22, 2021, 02:30:08 PM |
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Because the market goes down, your possible profits are temporary gone but if you still able to hold it you will regain your profit soon if the market will goes up again.
The current condition makes you think that your profits was gone, but understanding the situation, you still have the same numbers of your holding, once the market bounce back you'll see the value is there again. Holding your bitcoin if you will not able to sell it when the price of bitcoin is at $50k plus and adding more crypto currencies now is the right choice we need to do right now.
You need to assess this, the direction still unclear for the short term run but if you are here for long term investment, there's always good outcomes based from past experiences. Market will goes down in order for the market some correction and reset it.
Positive view with the market allows you to continue chasing for the dip and collect more while the price of those assets still on sale.
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adzino
Copper Member
Hero Member
Offline
Activity: 3038
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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May 22, 2021, 02:54:35 PM |
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I had 3k on pancakeswap and did almost 4x now is return to break even. I had Ethereum 4.7 now its 2k I had ada $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
Did you sell any of your coins? If you haven't, then why are you worried? You haven't made any loss. You are still holding the same amount of coins. Why didn't you sell it when the price was high? You were holding right? Because you had higher profit goals set, right? Then keep holding. Forget about it. No one knows if its going to recover this year or not. It might recover next month, or maybe after several years. Just keep holding and zone out. And you didn't lose anything. You said you broke even.
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Mahdirakib
Legendary
Offline
Activity: 2100
Merit: 1047
In Search of Incredible
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May 22, 2021, 02:59:52 PM |
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<snip>
Have you entered in the crypto market for making profit always? Learn to appreciate these price correction move, cause the price will recover in future and crypto market will achieve more faith by the people. You have lost your gains, not the invested amount, right? So, don't be afraid of current situation. Just hold your investments, even if you have bought your coins at higher rate.
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uneng
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May 22, 2021, 03:03:05 PM |
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I remember when bitcoin crashed from 19,000$ to 3000$ and many investors were fearful about crypto currency's future and regretful about their own choices. And now look where bitcoin is. With all the corrections and difficulties presented at this currently moment, it's still doing much better than its ATH years ago. If you are a long run investor and picked solid crypto currencies to invest you shouldn't worry, because the market will recover sooner or later and it will affect your investments positively. During a correction or a crash it's better to forget your coins for a while in a safe place, otherwise you might become crazy by following all these short run fluctuations.
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Sirait
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May 22, 2021, 03:49:37 PM |
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I had 3k on pancakeswap and did almost 4x now is return to break even. I had Ethereum 4.7 now its 2k I had ada $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
^ remember, as long as you don't sell any of the tokens you buy then you don't lose anything. the only thing that has decreased is the value of your assets in USD, if you are patient then you have nothing to lose, believe the market will rise again.
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bitkanu
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May 22, 2021, 03:56:14 PM |
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You're loosing the value of your money but not your coins. that means when the price can recover and it will be going back again to the moon. That being said that if long term hodl is not everything these days. You should try to learn how to go out from the market when it was very bullish. it's your own fault to not sell when the price was so high and you can buy that again at the cheap price dude. Think about that dude. I do believe you understand about this.
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carrie_white
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May 22, 2021, 04:06:24 PM |
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Don't give up hope, because what you experience does happen to almost all crypto investors too, I think the market will soon bounce back and recover, because the potential and interest in crypto is still very large, the crypto market crashes due to some bad news and this has happened a lot.
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jeungo
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May 22, 2021, 04:24:03 PM |
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There are two strategies, the first is to sell everything, buy something, something that can give 10x, and wait. Or do nothing, just wait for the general growth of the market and get your back + 30-70% bonus on it. It's up to you to take the risk or wait.
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Dr.Osh
Legendary
Offline
Activity: 2814
Merit: 1004
Buzz App - Spin wheel, farm rewards
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May 22, 2021, 04:30:41 PM |
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no one knows if it will recover this year or not. however, in the crypto world, that is the first risk. however, it's not only you who gets the loss, in fact, almost everyone who is still holding bitcoin and altcoin has suffered the same loss. Well, the choice is to stay calm and hold back or sell it for now. there is no certainty that the price will recover this year again.
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devollito
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May 22, 2021, 04:47:19 PM |
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I had 3k on pancakeswap and did almost 4x now is return to break even. I had Ethereum 4.7 now its 2k I had ada $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
No body knows will it recover this year or not. But we are still far above last year price. I hope we are not entering long bearish market mode. If we did, then you will get those $8k for 2-3 years ( 2024). Yesterday crash is realy give big impact to market.
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Digital_Lord
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May 22, 2021, 06:32:44 PM |
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You can't get loss untill you sell your altcoin. If you are still holding these coins than don't be worried. I I am also in big loss but I will not sell my altcoins. Hope they will recover in this year. I will hold untill I get Profit.
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Rengga Jati
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May 22, 2021, 06:59:37 PM |
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Actually, you will loose your money when yu sell them right no at the lower prices. Right now, your balance value convert to USD is only dropped, and the balance value can increase again lateronce the price of every coin is increasing. It is normal to worry about it moreover the price of every coin keeps dropping. But, never panic sell that will make the condition worse. You are not alone, I personally also experience the same, the portfolio has dropped more than 50%
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isaac_clarke22
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May 22, 2021, 07:17:42 PM |
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You're looking too much in the charts, OP. When you last bought those and when you last sold something? Haven't hodled any of those before except for ETH and traded back ADA. You shouldn't panic, because everyone could be saying the same as you already but aren't minding the dips happening lately.
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drwoo
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May 22, 2021, 07:28:46 PM |
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You're looking too much in the charts, OP. When you last bought those and when you last sold something? Haven't hodled any of those before except for ETH and traded back ADA. You shouldn't panic, because everyone could be saying the same as you already but aren't minding the dips happening lately.
It also depends on what he understands when he asks if it is recoverable. As USD in your pockets or as cryptos on your blockfolio? Even if the coins make it back to those prices you mentioned you would still have to sell them at those prices. That part of the game is what most traders forget. They enjoy all those games on paper and out of a sudden the market crashes, all those gains are gone. You also have to realize them.
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MCDev
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May 22, 2021, 08:07:36 PM |
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No one knows what will happen to the crypto market, you should answer yourself instead of asking people. If someone can answer your question correctly he will definitely become a millionaire.
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Twinkledoe
Full Member
Offline
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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May 22, 2021, 08:16:03 PM |
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the problem is not only you who feel this way, everyone who holds tokens experienced this I also suffered a loss of more than 50% and it's better to wait for the market to recover because if CL I think it will be difficult to return it so hope that market conditions will still be bullish until later this year.
A lot has lost the value of their crypto portfolio. But no one can really give you what will happen in the market couple of weeks or months from now. If you believe that your holdings will recover in the future and you can hold, keep those in your portfolio as long as you can. And once the market recovers, you can cash out. Because if you will cash out today, high likely that you really are at loss. It depends on your necessity, so be patient in this market.
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South Park
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May 22, 2021, 09:08:37 PM |
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I had 3k on pancakeswap and did almost 4x now is return to break even. I had Ethereum 4.7 now its 2k I had ada $2 now is 1.5 Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
You must remember that you do not lose or earn money until you sell, now I understand that you are mad but it is fair in the sense that until you do not exchange your assets for fiat or stable coins then you are still part of the market and subject to its movements, but I get what you mean, it is a terrible experience that you lost money simply because someone wanted to manipulate the market, but you must understand that this is simply the way this market works and you need to find a way around it.
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Fivestar4everMVP
Legendary
Online
Activity: 2450
Merit: 1086
Leading Crypto Sports Betting & Casino Platform
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May 22, 2021, 09:16:13 PM |
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Probably, you are a newbie in this space and don't know what exactly is a loss in crypto currency, well, the thing is that in crypto, you never loose in until you sell, you can be in loose of potential profit at a time of bear market or when the market is down, but this aren't a real lose, the real lose comes when you decide to sell at a price that is below what you bought them. A coin you still hold still have a chance to recover, and when it recovers, you holdings will turn profit again, so all you have to do is hold your coins tight, eth and cardano are very good projects, so the price is sure to bounce back ones the market enters green zone again.
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Hairynipples
Jr. Member
Offline
Activity: 362
Merit: 7
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May 22, 2021, 09:27:36 PM |
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I'm in a similar situation in so far as my portfolio dropped in value in dollars but rather than sell I spent a few thousand dollars buying the dip and bought more ADA, BNB, DOT, LINK, AVAX and other promising coins
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