Should we sell all crypto now?

[lucates]

The formula for buying is fixed when the price decreases or when the price is low and sells when the price increases. If all coin prices are going down, then selling all crypto is not an option and you have to be sure that when the market goes down, the increase will come too. Be patient bro.

Exactly the formula is buy when the price is low and sell when the price is high. Also, one saying is “fortune favors the ones who are patient”. But apart from all these finally it's your money and your decision it's depends on person to person. Hodl or sell analyze well and make a well-informed decision.

[romero121]

The market hasn't turned completely bearish. Over the last two Weeks the market is bearish, which means the price of bitcoin drove downwards from the price around $46k during the start of the year. Finally it was staggering between $41k to $43k. We don't know what move is gonna happen further, but following the bitcoin trend there were bear move with altcoins.

Experts advice to book profit with top listed altcoins and wait for buying low as top altcoins are major support system to the rest of the cryptocurrencies.

[jossiel]

Well it's up to you if you believe the market will starting to go bear, sometimes I do convert my coin into stable coin if I see the market starting to go down. You can convert it into stable coins just to be safe and if the price will still continue to go down then buy some more altcoins.

That's what other traders and investors do.

When we think that we have to take profits, converting into a stable coin is very popular. And they become patient and wait until the market goes low and that's the time they'll buy again.

There's no waste with that because you can get back the cryptos that you've traded for stable coins once you do it.

[Digital_Lord]

What I’ve learned about the long haul of things myself is there’s always a dump and there’s always a pump. When it dumps this last time, you buy. On the way up you chill and be happy knowing you gained a buck, save your money in this time period or keep it In stable coins collecting 8.5% interest on Celsius network. And wait for the dump(again). When it dumps hard, don’t buy until it gos sideways for a day or so guaranteeing the bottom. Buy in at that point. Be happy and save on the way up. Repeat. Get rich long terms means being consistent and no panic selling.

[judaspriest]

Well it's up to you if you believe the market will starting to go bear, sometimes I do convert my coin into stable coin if I see the market starting to go down. You can convert it into stable coins just to be safe and if the price will still continue to go down then buy some more altcoins.

Converting to a stable coin I think that is one solution and it seems a lot of people are using that way to secure their assets,
with market conditions that are going down indeed we can use it to buy some coins that have potential,
the most important thing is not to panic

[bakasabo]

Converting to a stable coin I think that is one solution and it seems a lot of people are using that way to secure their assets,

This solution is good only if you know that the prices will continue to drop. Otherwise it is similar to selling, as stable coin price is identical to US dollar. Also, if you convert your portofolio to stable coins, you must always monitor the market no to miss grow phase, otherwise like I said, everything will be identical to selling crypto. While holding is similar to risking or lottery. You will either gain or lose. In my opinion, there is no best time to sell or buy. Everything has its pros and cons. The most important is to keep believing and not withdrawing funds to fiat.

[BuNga_cute]

Sell all crypto assets while the price dropped is not the best solution because from this act you will suffering deep loss and if the bearish coming hold could be the best alternative although it took months or probably a year to wait until bullish coming but indeed this method only works properly if your investment portfolio popular altcoins such as ETH or Bnb and bitcoin included

It's not a wise decision if we sell our crypto in a bearish trend like now. Especially if we are holding potential coins, we should just be patient holding it
until the price rises to reach the target we want. As long as we invest in potential coins, when the bearish trend comes, we should just hold the coins
we have and don't think about selling them. I will only sell the coins I have when it is already profitable or sell it if there is an urgent need. Because
we don't need to panic about the current market conditions, in the world of crypto a bearish trend will definitely come, but don't worry, because
usually after that, a bullish trend will come. Indeed, that is the cycle that occurs in the crypto market, so only a patient person can make a profit
investing in crypto.

[arbifahrozy]

All I can say is you will cry more in 12 to 18 months if you sell. The tears will come probably in a couple. Across the board RED DAYS buy a ton more if you can. Plus wait a few days even in a bear market. Doesnt go straight up or straight down. Take a valium and be happy in 15 yrs when the last of the hurd of buffalo enters the race.

[iv4n]

All I can say is you will cry more in 12 to 18 months if you sell. The tears will come probably in a couple. Across the board RED DAYS buy a ton more if you can. Plus wait a few days even in a bear market. Doesnt go straight up or straight down. Take a valium and be happy in 15 yrs when the last of the hurd of buffalo enters the race.

Hard truth! I guess many of us regret selling years ago when prices were a lot lower than now! So I think it's clear that holding pays off in long run, people should be patient with their stacks, if there's a chance to add more do that, that's always advisable...
I understand cutting losses when some suspicious coin is in question, but with top coins cutting losses is not always a good idea! In my case, I had more losses than profit while I was trying to dance with the market, but on the other side, I had great profits just from holding some coins for a year or two!

[KaliLinux]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

As of the day you made this post, Bitcoin was trading around the $42-$45k which is still not far from the current price Bitcoin is trading on today of around $41k - $42k. From the look of the daily bitcoin chat, it seems Bitcoin price is hovering around a good resistance and might see an uptrend if the support holds but I do think if you didn't sell while BTC price was higher, there's no need at this point cus you might just end up selling low and buying high, just my thought. 

[Botnake]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

As of the day you made this post, Bitcoin was trading around the $42-$45k which is still not far from the current price Bitcoin is trading on today of around $41k - $42k. From the look of the daily bitcoin chat, it seems Bitcoin price is hovering around a good resistance and might see an uptrend if the support holds but I do think if you didn't sell while BTC price was higher, there's no need at this point cus you might just end up selling low and buying high, just my thought. 

Sell when the price is right, but definitely this is not the right time to sell because all the coins' prices are declining, you will only end up in huge losses. Just wait until you see the coins reaching their new peaks so you will certainly make good profits with it. But for now, buying at the dip will be the right thing to do. And if the market turns even more bearish, i think it will give another opportunity to buy more since the prices are greatly declining. And once we have bought and hold already, sit back and enjoy the ride while waiting for the bullish season to takes place in the market.

[Cornia]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

You can buy some good coin in the DIP or convert your crypto to stablecoin if you don't want to take any risk. Then observe the crypto market carefully. If the market starts pumping, you can invest your money or cash out.

[Jaered]

Well, you can go ahead and sell. Its your coins. But this is not the period to sell. Its actually time the diamond hands spill into action and fill their bags. But if you don't have the guts and vision, just don't bother about buying, or even crypto, for that matter. Its that serious

[LUCKMCFLY]

Well it's up to you if you believe the market will starting to go bear, sometimes I do convert my coin into stable coin if I see the market starting to go down. You can convert it into stable coins just to be safe and if the price will still continue to go down then buy some more altcoins.

It depends on the strategy of each mate, because everyone always saves existing assets when the market is bad, although the method is slightly different and not the same, but the goal is almost the same, namely saving assets and taking profits at different times.

What happens is that selling everything as it is proposed at the moment I see it as a very personal decision, why wouldn't I be able to say something like that, because if everything goes up in price tomorrow? then the person will have lost money, so I think this is a very personal decision, however many are able to predict a bearish market and sell everything, which things turn out well for them because if they sell, they wait for everything to go down and then they buy more crypto, and obviously when it goes up in price the profits will increase substantially.

[CDC AP]

Nobody can tell for sure, it is up to your own strategy. If you have a long-term portfolio and you can wait, then you don't need to sell as your portfolio will increase in price within time, but if you can't wait so long, you should sell off now. The main thing is to get rid of coins you don't believe in such as tokens of strange platforms and meme coins.

[aylabadia05]

The formula for buying is fixed when the price decreases or when the price is low and sells when the price increases. If all coin prices are going down, then selling all crypto is not an option and you have to be sure that when the market goes down, the increase will come too. Be patient bro.

Exactly the formula is buy when the price is low and sell when the price is high. Also, one saying is “fortune favors the ones who are patient”. But apart from all these finally it's your money and your decision it's depends on person to person. Hodl or sell analyze well and make a well-informed decision.

Luck will also not be achieved if there is no action. His actions are certainly when he dares to make a decision to buy or sell. Then there must also be analysis.
Generally like that especially like the current market conditions.

[HyunBin]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

If the reason for you to sell your crypto hodlings is because of FUD and negative speculations that is happening in the market without using the technical and fundamental analysis in crypto then it will be your lost. Always remember that everytime that you see a drop/fall down in the market it is just because of correction and retracement and always have faith that the market will recover faster than ever.

[Ziskinberg]

Should we sell now? Maybe we have to think about it wisely and make decisions on our own.

quote author=HyunBin link=topic=5380089.msg59113534#msg59113534 date=1643543967]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

If the reason for you to sell your crypto hodlings is because of FUD and negative speculations that is happening in the market without using the technical and fundamental analysis in crypto then it will be your lost. Always remember that everytime that you see a drop/fall down in the market it is just because of correction and retracement and always have faith that the market will recover faster than ever.

He actually have the choice but it was a bad idea. People who have sold their Bitcoin because of FUD will literally end up losing their money. This is not new in the market and perhaps, always it happens when a bearish market strikes. I don't know why people don't change but I guess, thus becomes natural as not all of us are willing to take risks, they'd rather go emotional and make the decision to sell.

[Alert31]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

It's all depend on your own decision OP. That is your assets and only you are responsible for that whether to sell or not.  But for me, I think it's too late to sell your crypto now. Better to hold it and wait for the market to recover. Fear and fud won't help your investment to grow instead it will give you a huge losses. Now that the market is down, it is an opportunity to buy more coins and hold ,not to sell.

[sarmrakib]

All crypto is dropping now because of FED. It seems that it’s the start of the bearish market. Should we sell all crypto now?

It's all depend on your own decision OP. That is your assets and only you are responsible for that whether to sell or not.  But for me, I think it's too late to sell your crypto now. Better to hold it and wait for the market to recover. Fear and fud won't help your investment to grow instead it will give you a huge losses. Now that the market is down, it is an opportunity to buy more coins and hold ,not to sell.

Its true that he has the right to make his decision if he wanna sell or hold .The market has fallen much from starting time of the post and now we are on more deep .Market is always an uncertain place anything can happen here .We were on huge uptrend at the year of 2021 so it is really expected that we may face a huge drop and its happened .I think we need to more patience there is more chance to recover from here and get a good uptrend .If we sell our asset someone can buy and he could get huge profit in future so that why could not hold it .We don't panic right now ,hope whole market will recover soon and we can make profit once again .