Don't punic, just hodl

[jrrsparkles]

Wait, its not the correction based on my assumption, this is the beginning of bearish trend so if I am right then you should wait and buy when you hear that prices are going to zero but I can't vouch this strategy for the random shitcoins which hyped in the last run and fell 90% when the market falls.

[Xinarae*]

Of course this is the right time to hold because the market has gone down a lot there is nothing to panic about patience will have to wait patiently for the price to rise again. The market may go down further so it is better to wait until it goes a little deeper to hold cryptocurrency trading revolves around estimating the future price movement of digital coins. When you are trading bitcoin you are trying to guess whether the price of the currency will rise or fall in the open market.

[Oneandpure]

Have already loss more than 50% and better to hold than cut loss, although with cut loss we can get chance with lower price but I see loss much money and waiting or patience is the key for keeping hold right now. Maybe just my prediction bitcoin or altcoin back to higher price after Chinese new year and need one month later see bitcoin and altcoin reach good price, I want to open my account exchange but very sad looking with my fund dump drastically and need waiting again for opening one month later.

[Farma]

Of course this is the right time to hold because the market has gone down a lot there is nothing to panic about patience will have to wait patiently for the price to rise again. The market may go down further so it is better to wait until it goes a little deeper to hold cryptocurrency trading revolves around estimating the future price movement of digital coins. When you are trading bitcoin you are trying to guess whether the price of the currency will rise or fall in the open market.

in fact, there are other things that can be done besides holding, such as adding assets, or selling assets to wait for lower prices, before buying back. however, it all comes back to a person, whether they are able to face the risk or not.
Besides that, personally, I'm also currently holding onto the assets I own, and I don't even intend to sell until the price recovers. it looks like there is quite a lot of FUD at this point pushing the bitcoin price lower. well, we need some new information to push the bitcoin price higher.

[tarable]

for those who have been working on crypto for years, then they will not panic and assume that the market as it is today is a normal situation. The fall in the price of coins in the market earlier this year had certainly happened before so it was an opportunity to buy as many good coins as possible.

[virasog]

The entire market got inflated last year by government money.  Anything that went up that fast was not going to stay up there forever.  It had to consolidate because there are people that weren't planning on staying in long-term.

People need to understand how the financial markets work. The financial markets will never give everyone free money. If market only went up (in one direction) wouldn't everyone be making a ton of money ? People's would not need to work 9 - 5 and they can just make money out of this market. These markets don't work like this.

Only the experienced are able to make money out of it while the majority of the traders or newbies investors will just get nothing or most probably lose their hard earned money.

Holding the crypto is also an art. If you invest your day to day money with which you run your kitchen, you will not be able to hold it for long. Only invest that money, which you do not need for next 2-4 years.

[isaac_clarke22]

~

Good thing I wasn't the only one noticing these stuffs all over again after those CheckShit project quite couple months back. Now I see these coins are being shilled a lot in this board though to be honest I had day traded ADA before, but maybe it is just bad right now? I never bought it since the day I quit.

For sure, buying Bitcoin right now is a good option although we had seen this price dip long time ago and people should have bought that day also.

[Ararbermas]

This situation always happened indeed and probably we all knows how this things really work since from the beginning wherein before it continue making good progress there will always a correction after all. So we need to relax on this kind of situation and keep holding. Just ignore those who have negative views because they're the one who can make the market worse.. Think positive guys!

[tygeade]

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.

I free totally with your title 'don't panic, just hodl'. Anyone who has been in cryptocurrencies world for a long time will not see this as a new advice or what he should be told, it is a basic knowledge for me. And as thing a going right now with the bear market I don't think anyone has any other choice than just to hodl. I believe this who are panicking are those who have invested what they can't afford to lose. When it comes to bear market the best thing is to hodl.

[Wahyuihib]

Prices go up and down, is a thing that often happens in trading. because all market conditions are determined by supply and demand. so why should we panic?. for a businessman like A16z, Alameda, Three Arrows Capital, the price drop is a great opportunity for them to buy some of the coins they like.

[Yamifoud]

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.

I free totally with your title 'don't panic, just hodl'. Anyone who has been in cryptocurrencies world for a long time will not see this as a new advice or what he should be told, it is a basic knowledge for me. And as thing a going right now with the bear market I don't think anyone has any other choice than just to hodl. I believe this who are panicking are those who have invested what they can't afford to lose. When it comes to bear market the best thing is to hodl.

Yeah, holding is not new but should we have to hold until forever? That probably we hold those valuable coins and to sell those are not.
Well, I think, panic is not the reason why people sell their cryptos, they are just considering safeguarding their investment rather than losing all of it, cut-loss that it means. For as long as we can hold it, we have to do it. People have to do their own, making hold is not the only option to take unless if we don't need money then consider this as the best thing to do.

[lepbagong]

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.

I free totally with your title 'don't panic, just hodl'. Anyone who has been in cryptocurrencies world for a long time will not see this as a new advice or what he should be told, it is a basic knowledge for me. And as thing a going right now with the bear market I don't think anyone has any other choice than just to hodl. I believe this who are panicking are those who have invested what they can't afford to lose. When it comes to bear market the best thing is to hodl.

Yeah, holding is not new but should we have to hold until forever? That probably we hold those valuable coins and to sell those are not.
Well, I think, panic is not the reason why people sell their cryptos, they are just considering safeguarding their investment rather than losing all of it, cut-loss that it means. For as long as we can hold it, we have to do it. People have to do their own, making hold is not the only option to take unless if we don't need money then consider this as the best thing to do.

that people can panic because they really can't stop themselves from experiencing huge losses, maybe if they can experience minimal losses. Yes, by making a sale as soon as possible because of the reason he certainly needs funds from time to time that are stored there, but if the funds are sufficient and available, maybe holding is something that is actually wiser to do.

it all comes back to each other, because each individual understands more about the funds that are being invested.
they will not panic and will hold it because the funds are there and very sufficient. so there is no need to sell immediately, but it can be different if the funds invested are also used for the needs that you want to do, then something can change what will be done and panic events can occur.

[lienfaye]

Prices go up and down, is a thing that often happens in trading. because all market conditions are determined by supply and demand. so why should we panic?. for a businessman like A16z, Alameda, Three Arrows Capital, the price drop is a great opportunity for them to buy some of the coins they like.

Thats right, the downfall is an opportunity to buy more. So when the market recover again you can earn huge compared to buying at peak price. However because of doubt and worries, some investors prefer to buy when the price is already increasing and not taking advantage the dip.

Well, in times like this we need to be firm to hold especially if your coins are well-established. Dont panic because this situation is only temporary, the market will recover in time.

[Oneandpure]

I think yeah never panic and keep hold assets after looking with El Savador president buy back almost 401 btc, I think if several country want adopt bitcoin and make as legal transaction easy how to see bitcoin back to higher price. I think panic moment will give great chance for whales buy back bitcoin or altcoin and you have give them much profit with your panic selling, better waiting and never sell your assets because last whale make dump ever bitcoin under $29k and can back almost $60,000. Maybe will have the same way for bitcoin and altcoin back to higher price again better than all time high and could be $80,000 in this year.

[mia_houston]

This situation always happened indeed and probably we all knows how this things really work since from the beginning wherein before it continue making good progress there will always a correction after all. So we need to relax on this kind of situation and keep holding. Just ignore those who have negative views because they're the one who can make the market worse.. Think positive guys!

Cycles that occur as if they have happened every year so it seems normal for those of us who are familiar with crypto, but I don't think that's the case with those who are new to investing and getting to know crypto at this time, of course they will panic when they see the estimated value of their money decrease quite a lot, People who panic like that usually worsen the market and even they do not hesitate to sell their assets at low prices in order to cut the bigger losses on their assets.

[Jackl87]

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.

I totally agree with you here. If you were holding until today then there is really no reason to start to panic now and sell off all your Holdings. You should only do that if you are very sure that the prices will continue to drop from here on but i don't see any signs or even strong evidence that this will happen. I also think that falling prices are a good opportunity to buy into projects that you usually would not touch because they are already to expensive, even though i have to say the big projects are still to expensive for me.

[LastKiss]

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.

Yeah the market just needs a rest for a moment, while we keep increasing our portfolio and dont miss this golden opportunity. I Agree that something like this happened more than one time but keep in mind that we should use money that we can afford to lose so when the price keeps falling you won't feel disappointed and just leave it alone.

[jeungo]

This unfortunately only works if the resource you own is highly promising and has technical growth potential. If this is a project for one year, then it will show growth 1-2 times and then there will be a sharp decline and being at a level below the project entry price. So there are different assets and you also need to behave with them in different ways.

[judaspriest]

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.

Yeah the market just needs a rest for a moment, while we keep increasing our portfolio and dont miss this golden opportunity. I Agree that something like this happened more than one time but keep in mind that we should use money that we can afford to lose so when the price keeps falling you won't feel disappointed and just leave it alone.

In this case cold money is the most appropriate thing to use,
not an easy decision to take risks and certainly a lot of consideration,
The most important thing is to consider before doing something or making a decision

[TheGreatPython]

Have already loss more than 50% and better to hold than cut loss, although with cut loss we can get chance with lower price but I see loss much money and waiting or patience is the key for keeping hold right now. Maybe just my prediction bitcoin or altcoin back to higher price after Chinese new year and need one month later see bitcoin and altcoin reach good price, I want to open my account exchange but very sad looking with my fund dump drastically and need waiting again for opening one month later.

Sorry for your temporary loss, yes bro that is only temporary just do not give up what you have started and you will be fine and your going to be more happier soon. It is not bad to check your trading account once in a while to see if the coins are still there and to check out your notifications if whats new in the exchange.

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?

Not only in 2021, but ever since the crypto world began the ups and downs are already there. If there are people that are in panic. Well, maybe they are just new here in crypto and did not know the history of it. Still, there are coins that have a noticeable gain last time , they are link and ada most especially near.