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Author Topic: Don't punic, just hodl  (Read 9027 times)
BobK71
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October 05, 2022, 02:23:44 PM
 #521

Indeed, crypto prices experienced a very severe correction because the soaring inflation rate had made the crypto market experience a big impact. However, in a falling crypto market situation, it should not make us panic because if we panic, we will experience losses. Moreover, the collapse of the crypto market has often occurred, especially when bitcoin reaches new ATH levels. It's better to HOLD your assets in the long term because the bull market will definitely happen again even though we don't know when it will definitely come.
The cryptomarket continued to rise steadily since 2019 and was bullish until around Q4 2021. From 2022 inwards it again goes into decline. Now it is almost at its lowest level in the last 3 years. Since it has been bullish for a long time, it will naturally remain bearish for some times. Again, the market will be bullish from this bearish attitude. It can be said that it is a market nature. There is no need to be panic. If anyone can keep up with this cycle then he can be successful. And all you have to do to succeed is to believe blindly. You can ensure your success by holding the token of your choice and holding it in any situation.

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October 05, 2022, 02:36:12 PM
 #522

When we panic, we will think that selling immediately is the best solution, never think that the market will rise again so that we will regret it, hold and long-term targets are the best solution to get big profits.
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October 05, 2022, 02:45:12 PM
 #523

It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
I don't agree, when the market crashes don't try to hold!, because HOLD is not a good thing when the market is bearish,
it's better to use or install stop losses, because stop losses will help us not to lose a lot, and of course we can buy back when the price drops much cheaper
If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills.
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October 05, 2022, 05:56:54 PM
 #524

Despite the recent downward trend, I am very optimistic about the future of crypto. There will be waves of people in and out of the market, but there is no doubt that cryptocurrencies will remain. I believe the most important thing you can do is invest in projects that solve problems and have a passionate team behind them. I think yes. stay calm and always keep the estimated investment if you have already bought at a high price whatever we hold now.

Right! And that's very normal to see people going in and out of the market, some managed just right while keeping themselves informed and knowledgeable about what's happening lately while some are not that lucky compared to the aforementioned people. Just be optimistic my friend as this is not the first time that the market is experiencing a downward trend nor the first time that many investors have sold their assets because of the said trend. Time will come that we will reap our fruits from our hard labor, just hodl!

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October 05, 2022, 08:22:22 PM
 #525

You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!


Panic in certain cases is very much needed, and I also panicked when Luna dropped from $ 85 to $ 35 so I sold 100% of Luna's stock and got $ 32, and this was still better than now, which costs only $ 0.0003.
Luna's case is really terrible when viewed from the case, this is not the result of a panic sell but this is purely a mistake from the project,
reportedly they were unable to provide backup to their stable USTC coin that's why LUNA became very large in supply and made LUNA price crash.

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October 05, 2022, 09:02:03 PM
 #526

Despite the recent downward trend, I am very optimistic about the future of crypto. There will be waves of people in and out of the market, but there is no doubt that cryptocurrencies will remain. I believe the most important thing you can do is invest in projects that solve problems and have a passionate team behind them. I think yes. stay calm and always keep the estimated investment if you have already bought at a high price whatever we hold now.

Right! And that's very normal to see people going in and out of the market, some managed just right while keeping themselves informed and knowledgeable about what's happening lately while some are not that lucky compared to the aforementioned people. Just be optimistic my friend as this is not the first time that the market is experiencing a downward trend nor the first time that many investors have sold their assets because of the said trend. Time will come that we will reap our fruits from our hard labor, just hodl!
holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin.
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them

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October 05, 2022, 09:50:46 PM
 #527

You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!


Panic in certain cases is very much needed, and I also panicked when Luna dropped from $ 85 to $ 35 so I sold 100% of Luna's stock and got $ 32, and this was still better than now, which costs only $ 0.0003.
Luna's case is really terrible when viewed from the case, this is not the result of a panic sell but this is purely a mistake from the project,
reportedly they were unable to provide backup to their stable USTC coin that's why LUNA became very large in supply and made LUNA price crash.
Yes. The Luna case is a fraud on the part of the project developer by selling all coins that have not been circulated on the exchange, or the remaining tokens with the project developer. Not only Luna Classic, but also the Luna stable coin.
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October 06, 2022, 09:57:22 AM
 #528

Its time to hold the token there is up and down in the market so dont punic only hold yours asset and keep Patience the market pump soon.Because the situation of the cryptomarket changes every minute.
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October 06, 2022, 10:25:41 AM
 #529

Some differences thoughts between successful investors and unsuccessful investors. A successful investor is able to understand the nature of market movement very easily. But those who fail are always afraid. Because they have very little idea about the market. In any situation they can see the change but a successful investor executes properly in his long journey. What I understand is that understanding the market without wasting time looking at the market and acquiring various analytical knowledge which will play a helpful role in achieving success.

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October 06, 2022, 11:48:53 AM
 #530

holding a coin when the situation is like this it looks fine and if it is for a coin that is popular and has a good reputation from the past till now like bitcoin.
when someone buys the right coin at a high price and when the current price has fallen very deeply, maybe there is no need to panic and it would be better to buy again and collect more to cover losses in the upcoming bullish season.
maybe in my opinion holding bitcoins will be more relaxed and less panicked than altcoins that don't have a good track record from the past and will make some people panic holding them

If you are talking about bitcoin, then everything is correct, you just need to hold, but if we are talking about alts, then everything is not so simple and sometimes a hold can only lead to a loss of funds. You need to look at projects that are still working now, watch their announcements and results, but even this does not always work. You need to buy alternative cryptocurrencies only if you are confident in the project, but even in this case, you need to invest a small percentage of your funds so that in case of failure the loss does not become very critical.

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October 07, 2022, 03:21:04 AM
 #531

Some differences thoughts between successful investors and unsuccessful investors. A successful investor is able to understand the nature of market movement very easily. But those who fail are always afraid. Because they have very little idea about the market. In any situation they can see the change but a successful investor executes properly in his long journey. What I understand is that understanding the market without wasting time looking at the market and acquiring various analytical knowledge which will play a helpful role in achieving success.
Yes, you have mentioned the right words here. Successful traders never get disappointed. There are some traders who get disappointed after a little loss. If they get disappointed, they can never trade and gain. Those who are successful traders never get disappointed. They worry.  If you always trade with Kibabe coins, you will be able to make a profit.


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Luffygroove
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October 07, 2022, 05:06:21 AM
 #532

Well, I appreciate your positivism. Which is one thing we needed for this kind of season. Yes, the cycle will recur. It happened in 2018 too. The crypto world has faced so many obstacles in recent years and has proven robust until now. However, we have to be considerate at this time because the obstacles we faced yesterday are heavier than before. The resurgence after the pandemic, the FED interest rate was the highest level since the economic crisis in 2008 SOURCE, the war, the energy crisis, and many more. If not too much, I can say 2023 will be the dark age of finance worldwide. We need to be extra careful. Be wise, and keep safe.

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Pamadar
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October 09, 2022, 09:11:24 AM
 #533

Its time to hold the token there is up and down in the market so dont punic only hold yours asset and keep Patience the market pump soon.Because the situation of the cryptomarket changes every minute.

The key to success and profit is hold, or an easy thing is that we sell with profit prices for example 10%, I used to trade in binance and choose coins that have good potential for profit, then I sell by adding margin or profit at least 10%, when Drops occurred so I did not panic and let the price position.

You can do that and you have a better view of how the market works. Then it's good to continue positioning yourself.

But if you are not that expert of you don't have deeper knowledge about that kind of trade better to think twice,
It a general viewpoint that before dealing with something, you need to have knowledge to avoid making mistake
that will cause you losing your hard earn money.
Pamadar
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October 10, 2022, 07:02:31 AM
 #534


A good advice, why I prefer long -term hold because we can get a large profit for big profits and certainly not panic when seeing prices down, of course coins or projects that already have a strong reputation in the market that we worthy of long -term hold.

Long-term using established projects has a higher chance of success compared with those new projects.

Yeah if you are lucky you can earn a lot using new coin but the risk if you failed to join during the low and make it when peak is
already achieved. The chance of losing your investment is really something is that hard to accept unless you are a rider and you
can quickly move along and move forward to your next target.
Paul Pogba
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October 10, 2022, 07:21:48 AM
 #535

The size of the long term of course is different, some say that the long term is more than 3 years, but I think the long term in cryptocurrencies is a year, because many things can change significantly in a year, and I agree that holding for the long term is a good solution. better than panicking and choosing a cut loss.
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October 11, 2022, 04:33:38 PM
 #536

True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
HODL was the best option, now yield farming and staking are the best options. Better still is liquid staking, like on MATIC and ICP, which allows you to yield farm with your staked coins so you can earn double the APY.
mattujusuruga
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October 13, 2022, 03:22:03 PM
 #537

True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
I agree with you that in a market situation in a bearish trend, one of the best strategies to avoid losses is Hold because if we panic and cannot manage our emotions, we will get losses that are difficult to avoid. So Hold bitcoin, ETH and BNB is great in the future. Moreover, if later bitcoin can set a new ATH record, I believe ETH and BNB will also experience a very significant price increase.
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October 13, 2022, 03:39:40 PM
 #538

True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
HODL was the best option, now yield farming and staking are the best options. Better still is liquid staking, like on MATIC and ICP, which allows you to yield farm with your staked coins so you can earn double the APY.
Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.

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Altryist
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October 13, 2022, 06:35:30 PM
 #539

Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.
It is also worth mentioning that you should not immediately buy for the entire deposit that you have. Days like today may happen in the future, and the price may fall, the bear market has not yet reached its end. Therefore, split your deposit so that you can buy each time the price continues to fall. Even in this case, after a long flat movement, a drawdown began, you need to monitor the market and look for favorable moments for buying. In the future, these investments will bring good returns.

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carlisle1
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October 14, 2022, 08:37:14 AM
 #540

Buy and hold is very effective nowadays as we all know that the movement of the market decreased the price of some legit coins, especially bitcoin. and if we buy today and hold it in a long run then for sure we will be grateful and fell good as we all know that bitcoin can give us more good profit and
Hoddle is what other investor today's as they all know that they can make it in future and this a good recommended for the newbies.
It is also worth mentioning that you should not immediately buy for the entire deposit that you have. Days like today may happen in the future, and the price may fall, the bear market has not yet reached its end. Therefore, split your deposit so that you can buy each time the price continues to fall. Even in this case, after a long flat movement, a drawdown began, you need to monitor the market and look for favorable moments for buying. In the future, these investments will bring good returns.

It's one of the skills of a good trader is to know how to play with the current market, not just to invest all in or big portions
of your entire investment but to stay calm and continue observing the condition.

Remember that volatility will always be the big factor here. The more you understand the risk, the better the chance you may
able to find the right position.

Don't panic but also keep yourself updated with how the market will move, recovering stage is possible to happen but the time
frame is something that investors/traders need to work out.
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