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Author Topic: Don't punic, just hodl  (Read 9027 times)
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August 23, 2023, 01:30:00 PM
 #581

hodl but for how long? I don't think we will be on a bull market for a couple of more years

if you want to get big profits and are ready to invest in cryptocurrency, then you must be prepared to invest in cryptocurrency for the long term (at least 3 years or more), because I'm sure you will definitely get a lot of profit in the future, but of course you have to invest in the right cryptocurrency, because if you choose to invest in cryptocurrency wrongly, then you will lose your money and I recommend you to invest in Bitcoin, Ethereum, Binance, Ripple or Matic, because the price will definitely increase very high in the future.

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August 23, 2023, 02:28:03 PM
 #582

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

This post is now over one and a half year old but it's as relevant now as it was at that time. For the last one and a half year, crypto has been under a bear and a sideways trend. There's a huge resistance now established and there's a lot of accumulation from both individuals and institutional investors. Buying and holding is the way ahead. There's not much to lose now and every small investment at the moment would count when ultimately the bull arrives.


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August 23, 2023, 02:31:02 PM
 #583

as we know There are many coins added in the crypto space, so be sure to do some research before investing. I believe in crypto but not all coins can reach certain places. Hold on to all the coins that are working in the market actively. Otherwise there is a possibility of loss. In that case, there are some other coins including Bitcoin, Ether, Binance Coin and many others which are most profitable coin, i suggest to invest such type of coins and hold it until fulfill your expectation.

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August 28, 2023, 06:06:59 AM
 #584

hodl but for how long? I don't think we will be on a bull market for a couple of more years

if you want to get big profits and are ready to invest in cryptocurrency, then you must be prepared to invest in cryptocurrency for the long term (at least 3 years or more), because I'm sure you will definitely get a lot of profit in the future, but of course you have to invest in the right cryptocurrency, because if you choose to invest in cryptocurrency wrongly, then you will lose your money and I recommend you to invest in Bitcoin, Ethereum, Binance, Ripple or Matic, because the price will definitely increase very high in the future.
It is clear that in order to produce something that can reach its peak, it takes at least 4 years in each halving era. Nothing is instant when investing in crypto to get maximum results.But it's true that not all coins will be good and produce maximum profits in time, so you have to do the analysis correctly before making a decision.But if you don't want to bother with analyzing, you can use CMC as a guide; the best ranking on CMC can be sure to succeed.suggestions from you that can be followed, such as that bitcoin, ethereum, BNB, and Matic be used as investments because during a bull market they will increase greatly.

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August 28, 2023, 06:26:45 AM
 #585

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

This post is now over one and a half year old but it's as relevant now as it was at that time. For the last one and a half year, crypto has been under a bear and a sideways trend. There's a huge resistance now established and there's a lot of accumulation from both individuals and institutional investors. Buying and holding is the way ahead. There's not much to lose now and every small investment at the moment would count when ultimately the bull arrives.

But boredom will come by itself if we are not good at reading the situation and buying at the same time. I think we have to set the buying pattern as low as possible from the price that is written, for example today's BTC is the lowest if we look at the stock it says $25,872
if you want to buy a set at a price of $ 24,500 assuming a decrease at any time. even if you want to sell the set at a higher price, for example, the highest is % 26,182, the set sells at a price of $ 27,000. I think the model is like that now if you want the short way.

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August 28, 2023, 08:11:17 AM
 #586

Quote from: fmz89
just hold and living normal life, try to forget crypto for while, this is your time and enjoy before party launch
some people just doing dca with bot or some exchange feature auto invest

I agree with you, continue holding is the best solution to overcome this situation that is on ground over some one year and some months, because many cryptocurrencies price has decreased more to alert holders not to sell in this bearish season so that they will not experience losses in the market. I have started relaxing myself since this bearish market took over the market early last year, because my main target before I will release my Ethereum is $5000 which I believe it will reach that amount before the end of next year 2024. I think, there is a big hope on those altcoins like Solana, ADA, Ethereum and binance because their teams are seriously working to ensure their investors always smile with their income.

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August 28, 2023, 08:14:28 AM
 #587

There is some really poor advice in this thread as gains are not really gains until they are realised and sold. No one has lost money selling at a profit!
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August 28, 2023, 08:21:04 AM
 #588

And now I advise you not to invest in the cryptocurrencies you have listed. They are older coins, and there will be significant risks as the projects might no longer be operational, and they are unlikely to yield the returns I had hoped for.
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August 28, 2023, 05:32:37 PM
 #589

Panic is normal when you see your invested altcoins keep losing values due to correction. It'll affect you more if you bought shitcoins cause they dump more than predict. But The simple solution is, invest only extra capital in crypto industry that you can afford to lose and considered it as secondary source of income. Otherwise it difficult to control mind during correction.  Thus its possible to hold those holded altcoins for long timeframe

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August 30, 2023, 04:48:19 AM
 #590

Panic is normal when you see your invested altcoins keep losing values due to correction. It'll affect you more if you bought shitcoins cause they dump more than predict. But The simple solution is, invest only extra capital in crypto industry that you can afford to lose and considered it as secondary source of income. Otherwise it difficult to control mind during correction.  Thus its possible to hold those holded altcoins for long timeframe

Until when? and that is always a big question for everyone who is new to investing. Especially if you see that the price is falling, unless it has been hit several times by tidal waves of the crypto sea. if it's new and comes in with big capital to buy shitcoint, the effect is yes. seasick of course.

In my opinion, calm is needed in investing and holding for some time is needed as you said with a very clear record of options and don't experiment too much with the assumption that a little loss is normal. Yes. hopefully more educated in crypto investing for 2024 which is only 3 months away.

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August 30, 2023, 09:23:07 AM
 #591

I've always liked this form of long term investing. And I suggest always using your cold money. It's normal for people to panic but if you are a long term holder it certainly won't put you in the fear stage.
In fact, I believe that crypto will enter its bull season in 2024. I believe that there will be many new projects that will bring benefits in the future. Currently I see that the crypto industry is growing which indicates that people's fear is FOMO and not because of the failure of crypto as an investment asset in the future.

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