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Author Topic: Don't punic, just hodl  (Read 9027 times)
Oneandpure
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January 24, 2022, 11:11:51 AM
 #61

True, panic will only make us regret, we must always be optimistic that the market will recover and skyrocket again so being patient is important when the market drops like now, many analysts believe that the market potential will continue to drop and maybe the bitcoin price will drop below $30k again.
But price have dump again and bitcoin not enough break above $36,000 and now back under $33,000, will bitcoin above $30,000 and altcoin price drastically dump? I am not happy with this position right now because all my fund and assets have been in altcoin and not spent few in USD. Still belong time see bitcoin and altcoin back to higher price because few day later have bad thing again and bitcoin stuck with lower price. Do not know what have to do when bitcoin dump and not get any chance to earn profit almost two months because bitcoin still dump and not give altcoin break out chance.

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January 24, 2022, 12:31:44 PM
 #62

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.
Many didn't saw the crash back in 2021 and in 2020 as well at the start of the pandemic. Both of them are opportunities for the investors to accumulate Bitcoins to get a profit by just holding.
Punic? Lets just say its panic but whatever it is, tell that word to those investors who are panicking right now to just calm themselves and just hold whatever they are holding right now and if they have spare money then just invest it into top coins. Good for you that you took the opportunity to bought more tokens Smiley.

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 is one proof that institutions are coming into the crypto market already. This didn't happen in 2017. When Bitcoin went to $20,000, there are little to no institutions invested into Bitcoin and now in 2022 different institutions are coming out to invest into different cryptocurrencies.

This is just the start of everything because I believe that crypto will be much larger in the future.

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sarmrakib
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January 24, 2022, 01:14:10 PM
 #63

Quote
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.
It's always a chance to buy when we get a deep .We all know that crypto market is a tough place and also  a high volatile market where you can earn quickly and also you can loose quickly .However as you said you really need to buy the strong project token which has a sure future .I also have bough some Near and Harmony and i am holding it until get a good return .Though the market is on bearish momentum but i hope it will recover soon .
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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.
We have seen recently many whale invested a huge amount of money on Eth and Near and also on more coin which i can't recall right now ,surely they are strong holder and they have the idea that market will recover soon .I am really expecting that that't why i have invested what i have and holding it for long term .I am not suggesting to invest like me but you may enter on the market as it on more deep now but DYOR before investing on any crypto .

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January 24, 2022, 01:25:15 PM
 #64

The entire crypto market is falling again today, but is this the first time?
I know that if this is not the first time but that's more than enough to make a lot of people are feeling fear to see the market right now.

Didn't it fall the same way in 2021 before the new ATH?
It didn't, the correct thing should be the same way in 2020 before the big pump started to happen. This was around when covid has been creating so many fear and that makes the price of bitcoin plunged from 20k to the 3k.

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.
Yeah just bought it but the situation in the market is totally unpredictable. You can use the old patter to determine the future patter.

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.
If that's true and those venture capital in a big lose right? I personally think that if the market is very risky right now. Bitcoin has a chance to go to the another dip again and look at the market this time. It's not so strong again.

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January 24, 2022, 01:55:10 PM
 #65

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.
I want to believe that, whether we are still witnessing a correction or we are in a bear market as long as you have invested in the right projects, one thing is for sure that the market will recover and all of your losses will be recovered as long as you did not sell. I have learned this from previous years of bear markets so HODL on to your assets, be patient, and buy more if you have the funds.
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January 24, 2022, 02:10:22 PM
 #66

I didn't expect the market to dump again, I think yesterday was the last storm and I'm sure it will skyrocket like before, of course this will make the holders panic even more and will sell even at a loss, but I'll wait and hold because I'm ready if the price of ethereum drops. under $1000 or BNB prices under $100.


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January 24, 2022, 02:37:49 PM
 #67

I want to believe that, whether we are still witnessing a correction or we are in a bear market as long as you have invested in the right projects, one thing is for sure that the market will recover and all of your losses will be recovered as long as you did not sell. I have learned this from previous years of bear markets so HODL on to your assets, be patient, and buy more if you have the funds.
We never know whether the current market conditions are just a temporary correction or this is the beginning to enter a bear market, but when we experience a decline like this, holding is the only key so that we don't lose everything even though we have to wait a little longer until the value our portfolio returns to its original state, but this is the only strategy that can be used when the market is in a downturn to avoid further losses.

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January 24, 2022, 02:38:55 PM
 #68

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.
If people are thinking about protecting their investments and therefore are now selling their cryptocurrencies, this, in my opinion, is a panic. If you sell at such low prices now, there will definitely be big losses. Now I even try not to look at the price of my cryptocurrencies, why get upset again. But today the cryptocurrency market has fallen again. Bitcoin has already dropped to almost $33,000 and ethereum to almost $2,000. Yes, the only way out so far is to hold the cryptocurrency. If we do not sell now, then there will be no losses. After some time, the market will recover anyway and go up again.
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.
If people are thinking about protecting their investments and therefore are now selling their cryptocurrencies, this, in my opinion, is a panic. If you sell at such low prices now, there will definitely be big losses. Now I even try not to look at the price of my cryptocurrencies, why get upset again. But today the cryptocurrency market has fallen again. Bitcoin has already dropped to almost $33,000 and ethereum to almost $2,000. Yes, the only way out so far is to hold the cryptocurrency. If we do not sell now, then there will be no losses. After some time, the market will recover anyway and go up again.

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January 24, 2022, 03:08:42 PM
 #69

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.

These funds may have bought massive amounts of crypto a few months ago, but they may also become large bagholders and may have to dollar-cost average (DCA). Some funds that bought on leverage may also be forced to dump their holdings. I believe the S2F model will be seriously challenged as this cycle comes to a close. On the positive, the bull market will eventually be back!
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January 24, 2022, 03:12:31 PM
 #70

You can't tell how to calm down specially those people who've been running down with their finances right now. Including me, I used to panic lately and managed to move one despite of the odds. Literally we're going down so bad lately, but if we're learning everyday it won't happen to us so bad, but rather we're going stronger in faith and determination to hodle and patiently wait.


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Anonylz
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January 24, 2022, 03:15:12 PM
 #71

Hold is necessary in this very crucial time, the whole market is bleeding there is no exception and the best thing we can do is to be patient and hold, as you already said this has happened several times before and will keep happening as far as market fluctuation goes, nothing new, there is always a light at the end of the tunnel. if you sell now you will lose if you are already more than -20% down.

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January 24, 2022, 03:48:36 PM
 #72

Many youtuber just for getting more views creating fud that Bitcoin will go down to 20k but Don't be panic. Nobody knows the top or the bottom , you can with analysis have an estimated guess range for the bottom with support levels and other critical point but it won’t guess the bottom but there will be more support because there is a lot more awareness of crypto so market has a lot or buyers x be strong crypto peooel



 

 

 

 

 

 


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pawanjain
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January 24, 2022, 03:50:21 PM
 #73

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.

We don't really know if this is a correction of the start of a bear market or how much more the price are gonna fall.
But what we know is that after all of this the price will start to recover and sooner or later we will see another ATH.
So this is a good opportunity to accumulate all our favorite coins and gain profits when we encounter the ATH.
I would personally suggest everyone to keep buying the dip in regular intervals of few weeks or months so that we can accumulate more over the long term.

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January 24, 2022, 04:18:18 PM
 #74

Many youtuber just for getting more views creating fud that Bitcoin will go down to 20k but Don't be panic. Nobody knows the top or the bottom , you can with analysis have an estimated guess range for the bottom with support levels and other critical point but it won’t guess the bottom but there will be more support because there is a lot more awareness of crypto so market has a lot or buyers x be strong crypto peooel

I didn't watch YouTubers, but I saw some articles about it, and if I am correct I saw some "experts" are saying it will go to $22k, I am not sure how they calculated that! Anyway I think it's more FUD than something realistic, I mean the price can drop a bit more, and probably will, but where will be the new bottom we will see! I guess we will have a rough year, judging by some history and previous "years after halving" situations, but like before holding and adding more is the best option, because better days will come for sure, as always we just need to be patient!

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January 24, 2022, 08:49:33 PM
 #75

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.
People being afraid of this situation is not really that uncommon and not that shocking. Obviously, it is not an easy thing to accept that we are not going to end up with anything decent for the short period of time, and many traders lost a lot of money during this period as well and they can't wait to get some more money. All of this resulted with some unhappiness and hopelessness and that is understandable.

Of course, we all know that in the distant future it will be a lot higher, of course it will be 100k+ one day, but these drops caused it to be a lot later, if we were 50k+ today and never went below that price, getting over 100k+ could be very easy, but right now it is not that easy at all and will take a lot longer time. Doing a 2x and doing a 3x can be very different and could take so much more time. We just have to wait and see.

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January 24, 2022, 09:10:11 PM
 #76

Price is decreasing so quickly because of panic selling. It's not ideal time to sell our valuable assets. There will be a lot of time when price will be good for selling. We need to hold in this bear market for our betterment. In my thinking, people who are selling this time will regret in future.

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January 24, 2022, 10:04:05 PM
 #77

I don't think this is the first time bitcoin has experienced a very deep price drop, just be patient, throw away panic if it has been in 2017-2018, if you believe the bears will come back the market will grow again, there is no apocalypse in the crypto world
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January 24, 2022, 10:07:15 PM
Merited by Oneandpure (1)
 #78

Price is decreasing so quickly because of panic selling. It's not ideal time to sell our valuable assets. There will be a lot of time when price will be good for selling. We need to hold in this bear market for our betterment. In my thinking, people who are selling this time will regret in future.

It's true that people who panic and sell the coins they have in the market like now will only regret it in the future. Because if we study crypto well,
we will know that the current bearish trend is only temporary. The crypto market can always recover, even if the price drops very deep. After all,
the current price drop is not the worst. So we must calm down and think positively with what is happening now, never panic seeing the situation
like now. We must believe in the future of the coins we have, so the best decision is to keep holding and don't think about selling the coins we have.
Even if we still have capital, can buy more coins that we consider potential. Since the bear market is the best time to accumulate potential coins,
so when the bull market comes we can make big profits.

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January 25, 2022, 02:14:45 AM
 #79

Almost respond here ask every trader and investor never panic for selling trough price dump, now have reach out and bitcoin back higher price from $33,000 become $36,000 but still stuck if Chinese new year one week later. Never have to panic what ever FUD and event at the few weeks later because bitcoin and altcoin as profitable investment right now, if you panic you have give your money for Whales where they are try how to earn profit by making bad news about bitcoin and altcoin.

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January 25, 2022, 03:12:03 AM
 #80

I don't think this is the first time bitcoin has experienced a very deep price drop, just be patient, throw away panic if it has been in 2017-2018, if you believe the bears will come back the market will grow again, there is no apocalypse in the crypto world

People panic too much about it even though it's a natural thing from every chart, Bitcoin is experiencing a bad price drop right now it's very reasonable. This is a great opportunity to buy in bulk for a good profit. I bought some Bitcoins at the time of the big downturn.

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