Is the market going to dump like that 2018?

[tokyohd]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

[jackg]

What do you suggest in such a situation? 

Normally do nothing...

When everyone's excited about something, that's the point to sell. When people are disappointed, that might be the time to buy some more but when people are neutral and most have mixed feelings, it's normally best just to wait.

Mixed feelings don't normally cause dumps afaik too.

That being said, don't invest more than you can reasonably afford to lose.

[mk4]

I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

That's the main reason why you should allocate your funds properly. The exact reason why it's not recommended to go all in on one go unless you're totally comfortable in holding through bloody times.

Maybe try DCA? https://dcabtc.com/

[Upgrade00]

I have lost a lot by investing myself.

Remember that you only lose when you cut your losses and sell off. this of course comes after you have done your research and decided on what asset to buy considering the fundamentals of the project. Many coins in the crypto market do not have an active product and are only built on hype, those may not recover when they dump.

I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

As an investor you do not have to determine where the market is going nor can you. You simply;
- Do your research before buying any asset,
- Buy only what you can afford to lose,
- HODL!

[worle1bm]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

Not going to depth analysis on this one but you are saying 2018 or maybe particularly 2017 bloodbath on cryptos where prices went too down but what happened after that?

Is btc dead after 2018 dump? No the market has recovered and it's usual so why do we get panic whenever the prices are dumping but the coins you should be holding must have potential to grow like in 2017 many tokens were dead but only few were able to make it out.So keep that in mind.

[orions.belt19]

If you're fazed by the current dump then maybe you should re-visit your investing strategy, maybe you have overinvested too much. Personally, I like keeping a bit of liquidity for occasions like this. Its a very good opportunity to average down your holdings. My advise is to 1) keep your emotions in check. 2) take the time to learn basic chart reading or indicators. Even if you don't day trade, its going to be useful to you during days like this when you're not sure of where the market's going. If the market is ranging/choppy, its best to just step aside. If you have high conviction on your investments, you shouldn't get too worried then.

[cheezcarls]

Lack of risk management is what most of us are lacking here. Before we invest that money into any cryptocurrency, always treat it as "dead money". As we experience high volatility and no guarantees and promises, always expect that our investment may go up or down without warning and we cannot control that.

Always invest and trade on what you can afford to lose and do not go all-in. Plus, it's also important that no matter if you lost something, at least you are financially stable and keep growing your income through other gigs, stuff, etc.

[Ararbermas]

Open your eyes mate, because the market had different situation right now wherein it's not repeating the history itself.. It's bearish season and there are some sort of negative news around the internet that's why it kees dumping..but having strong support on this kind of circumstances for sure it will not going below like what you're thinking.. Infact there's already some buyers below and keep adding more when there's a fluctuation.. So do you think it will continue falling before this year ends? Well let's see.

[ultrloa]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

If people will be scared and continuously dumping their shits then maybe we can see the 2018 like scenario but I think for the adoption what bitcoin got for sure we will not go to that point since I believe institutional investors will not allow to see that since it will kill the possible adoption it take on year 2022. but let see if that scenario will came then we must prepare to buy bitcoin on its bargain price again and for sure many will do that.

[boyptc]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

Those investors that have lost a lot, it's your own hand that touches your investments. If there's a problem with your strategy, it's totally okay to ask what's wrong with your strategy.

As you're assuming if 2018 might come, let's just give it a yes.

If that comes then you have to make sure that you're prepared for buying a lot. But to tell you honestly, I don't think that the next correction will be the same as 2018.

[NeuroticFish]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

If you were investing and not trading, and if you invested only money you can afford to lose, then there are 3 direction I see:

* buy more (buy the dip, maybe DCA too, especially if you have more funds to invest - and afford to lose)
* sell and buy back when the price drops more (if it will drop more)
* hold and learn patience, since the price should grow again eventually (of course, it may or may not happen, and if it'll happen it may take any time between hours and years)

Of course, anything you'll do are risky moves. And one should not tell you what you should do with your money. The decision is yours.

[awik p]

the market today is certainly different from the market in 2018. In the past we saw market crashes so many people were frustrated by it. in the past many people were afraid to buy until finally bitcoin dropped from around $ 20k to $3500, but nowadays many investors view that every drop is an opportunity to invest, so the decline is not as severe as it used to be.

[rhomelmabini]

If it is, only Microstrategy and Saylor will be happy and those big players that are already in the market. I mean specifically to Bitcoin but other huge players will do the same too on those better alts in the market. You're only at loss if you sold it lower from where you bought it, the only thing you can do is hold and wait.

[jamkesmas]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

I suggest keeping your assets while the market is in a price correction state like it is now if you can't trade by taking advantage of fast price movements to take profits. I think the current market conditions are very reasonable after experiencing an increase and so far I see this is still fine where the Bitcoin price is still around the 50k price, so it is very likely that we will not see a market like this for a long time like what happened a few months ago, hopefully just.

[VanityWallets2015]

I would also suggest the same thing. Since it is really a season that drives people to be more excited and impulsive, on a yearly basis, you should just hold during this time. The market may seem to be falling off its previous state, but I think that it would be just for this moment like what happened before. While it is true that nothing is predictive here, I observed every December most people are after selling their assets then start buying more again at the start of the year. I guess my point here is if you can’t force yourself to go with the flow of the market driven by the people, make your move in those high times but not necessarily on the mainstream.

[Lucius]

Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

I advise everyone not to invest in cryptocurrencies if they do not understand what it is about - and the two basic things that everyone should know are when is the best time to invest, and that nothing can grow forever. I sometimes feel like a broken record, because how many times do I need to repeat that the time before or right after halving is the best for the investment?

Anyone who did it then was profiting at least x7 at the moment, and if they sold at ATH even x10 - I don't know what you invested in, but you obviously made all the wrong moves if you lost a lot of money.

It is impossible to say in which direction the market will move, I will be optimistic and say that the chances are 50% -50%. Strong resistance has been created at $50k, and the price bounces down every time it gets close - and it won't last very long, it will have to break in one direction or another.

[Alert31]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation?  

Simple, just hold and don't panic because you have nothing to do in the current situation of crypto market only to hold and buy more potential coins while the price is cheaper to accumulate more crypto assets.. Market will bounce back and it will not stay below. Only those weak hands lost their assets and investment because they sell even they know they will face losses.

[michellee]

Only red lights have been burning in the market for several days now. Many have investing and lost a lot. I have lost a lot by investing myself. I don't really understand which way the market is going or will go. What do you suggest in such a situation? 

You are not alone as I think many others lost a lot in the crypto investment. The crypto market can change anytime and you should be ready for that because if you can not do that, you can lose more. If you can still analyze finding the right coins, you can try to trade but if it's not, it is better to wait and see and not do anything because we can not predict right about the market. This time, I do not trade because I am in a lost position, but I still hold the coins because I believe the price will be higher.

[arbifahrozy]

Nothing to saying yet confirmed because market in consolidation zone so everything is possible best way to take some entery and wait for next market movement may b it's dump.for sometime

[SquirrelJulietGarden]

When market is in correction we have such questions appear.

You should ask yourself about fundamentals of market between 2018 and 2021 or 2022. Many different things and they are huge. With institutional investors and their deep integrations into crypto market, we have a much bigger adoption and it is very good support long term.

MicroStrategy and Saylor keep buying all dips and they are owning 122k Bitcoin. You should know another thing, 90% of Bitcoin already were mined. Only 10% of Bitcoin will be released from mining in next 100 years. Is it enough to convince you to invest in Bitcoin and HODL your Bitcoin?