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Author Topic: OMG crypto is low ! what do i do ?  (Read 810 times)
Erumo
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February 22, 2022, 11:30:04 AM
 #21

If you dont know what to do with your cryptocurrency, I can buy it for a half price today. This is one-time, one-day opportunity! Think about it.

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February 22, 2022, 11:33:07 AM
 #22

OMG crypto is low ! what do i do ?
Relax and don't panic.  Smiley


Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Simply because people are holding, they don't make transactions so the network is not congested, that's good because it's an indication that despite the market is bearish, people are still believing it willeventually recover, that's why they HODL.

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February 22, 2022, 12:22:56 PM
 #23

OMG crypto is low ! what do i do ?
Relax and don't panic.  Smiley


Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Simply because people are holding, they don't make transactions so the network is not congested, that's good because it's an indication that despite the market is bearish, people are still believing it willeventually recover, that's why they HODL.

Its early to get panic since we don't see yet the worse case scenario of this incident maybe we can feel the real one after the war broke out and the economic state of both countries or maybe the other big countries will get affected. For now lets chill out and continue to hodl since if we act the same with others who quickly dump up their btc then we can also be a loser by doing this.

R


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February 22, 2022, 12:30:02 PM
 #24

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Not necessarily, because if there's a huge selling volume tendency are, the fees will become more expensive since there's a huge traffic and there's might be a congestion that causes for the fees to soar high.

What you have to do during these time is to save your money into a more stable coin, don't panic and know what to do. You can convert into USDT and buy later on once you already satisfied with the bottom price. Expect for this drop to last longer, we don't know what will happen in the coming days but let's hope that war will not happen after all.
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February 22, 2022, 12:44:57 PM
 #25

Well, I am definitely not going to throw good money at worthless NFTs... I will rather buy during the dip, so that I can sell during the recovery and next all-time-high (ATH) price. Yes, you might find 1 out of a gazillion NFTs that might be worth it.. but you will spend loads of good money on worthless NFTs or tokens.   Roll Eyes

I take some money from my primary income monthly and also money that I received from a second job ..and I buy during the dip. I do not buy when the price is high.... or simply when I get some extra money, I wait for times like this...when the price is low!

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February 22, 2022, 12:57:34 PM
 #26

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
There's truth about the gas fee because it's not that high compared before. But it changes from time to time like it is 52 gwei as of the moment but later on it can be 114+ gwei.

But with those suggestion of yours, making your own NFT? That doesn't make sense. I'll just buy bitcoin and other altcoins that I like to have while they are cheap.

It's lesser in effort and more profitable.

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February 22, 2022, 01:52:01 PM
 #27

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
We have just waited long term I think the market will go moon soon USA will pass a law very soon.

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February 22, 2022, 01:59:47 PM
 #28

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

Hold tight and forget that you own any crypto. It is for the best. Prices go up and down all the time. This time isn't any different. Build dapps, create nft's, do exercises, paint a picture, whack a mole... whatever is your thing. Definitely don't sell though. If you haven't sold any while the price was >$60k, it doesn't make sense to sell now.

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February 22, 2022, 03:04:22 PM
 #29

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Well the best strategy when crypto is down is to buy and hold thats it. If you will over think the crypto price which is red maybe you will end up to lossing, so fucos on holding when the bloody market occur, because when times comes that the price will rise you will surely earn a big amount.

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February 22, 2022, 03:47:29 PM
 #30

Sounds like a plan, but when cryptos are low so are all the other assets too. Creating and selling  NFTs should also be influenced by the current world outlook. Wouldn't it be better to hold out and wait for the hype? Same goes for selling crypto coins right now. In my opinion instead of selling at such low prices, better to just sit it out. There will be better times again. In the end everything is a gamble right now if there will be a big war in Ukraine or not. No one knows the chances, but there could be another major conflict that pulls down the world economy. So selling today would be the plan only if we can buy back the coins cheaper at a later time. It could however be that Russia and Ukraine will de escalate things and find a compromise. Optimists will hold and pessimists will sell, only to be hurt by inflation.
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February 22, 2022, 04:04:29 PM
 #31

Been there done that. I’ve been here since the great Bitcoin crash of 2018 and I am getting used to these ups and downs of the crypto market nowadays. What do I do?

1. Never quit my job to sustain my needs
2. Do side gigs
3. Learn new skills (e.g., video editing and effects, graphic design, becoming a social media influencer, etc.)
4. Risk management mindset while trading or investing in certain coins or tokens

I can’t do much with the coins and tokens that are currently affected in today’s bloody market except holding them until the market picks up again. Bad idea for me if I sell them at a huge loss (with exception to just minor stop losses, etc.).
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February 22, 2022, 06:15:49 PM
 #32

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
Gas fees are low and the reason is can be the price and situation of the network, since the market is making spin movements and there are fewer sharp price movements compared to the recent months, the network is less crowded and this can decrease the gas fees. Regarding the price and all I can see is according to the history of the price and what I can see on the chart, the price is taking a rest and doing some kind of price correction which is necessary to reach higher targets in long term, during this time people can place buy orders in different price levels or start doing other this as you mentioned such as creating nfts.

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February 22, 2022, 07:50:04 PM
 #33

As if there's not enough tokens and nfts floating around. And those ugly nfts, why do they have to be so ugly? Just keep at what you are doing. If you are starving simply coz crypto prices are low, then you must have done something wrong LOL.
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February 22, 2022, 10:08:03 PM
 #34


Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
You sure?

It doesnt work or behave that way because it has nothing to do with those things above mentioned and also whenever there's some fud or shills happening around
then expect the network would really be busy which it would be situational on which fees could really neither high or low on a specific time.
Also we dont need lots of NFT's, ICO and other shitty things that had been flooding out in the market.

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February 22, 2022, 10:29:27 PM
 #35

As if there's not enough tokens and nfts floating around. And those ugly nfts, why do they have to be so ugly? Just keep at what you are doing. If you are starving simply coz crypto prices are low, then you must have done something wrong LOL.

This is what my take here also. If you will just add another crappy project or useless NFT item, better not attempt of doing it. Because not doing it, means, you are saving some poor people who will naively buy your worthless work. But I can agree if you are a talented artist and just waiting the right timing to publish your masterpiece. Please don't another trash item or project in crypto space.
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February 22, 2022, 11:29:34 PM
 #36


Why ? Gas fees are low when crypto is down ...when crypto is down be creative.
You sure?

It doesnt work or behave that way because it has nothing to do with those things above mentioned and also whenever there's some fud or shills happening around
then expect the network would really be busy which it would be situational on which fees could really neither high or low on a specific time.
Also we dont need lots of NFT's, ICO and other shitty things that had been flooding out in the market.
I have a feeling that OP is just being sarcastic or maybe it's just me who feels it. lol

Anyway, what you have said was right since I've tried this one in the past and it's like that although it depends if there's a panic then expect that the gas fees would rise up significantly. NFTs and other shit stuff like those creating new coins are useless in the end since there will be no demand on it in the long run.

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February 22, 2022, 11:37:15 PM
 #37

1.You build dapps
4.You create tokens
Not everyone can do these. Number 1 and 4 are for professional developers only who have enough knowledge about developing crypto products and are experienced enough in that sector for a few years. Don't forget these require some amount of money and a strong team to establish it.

2.You create nfts
This is nothing to do with the downtrend in crypto prices. I myself will create NFTs any time, doesn't depend on crypto prices are low (cheap) or high (expensive).

3.You start selling something
No, I don't need to sell something since nothing is urgent for now.

when crypto is down be creative.
Are you creative only when the crypto price is low?
Man, you must be creative every time, don't care whether crypto price is low or high.
Creativity is a must to do, you won't get anything if you aren't creative.

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February 23, 2022, 12:33:02 AM
 #38

Whenever there is bear market most people are always worried, people always endup selling their coins, some even sell their coins at lost which is bad, whenever the market is down, I don't really panic am always happy because it gives me opportunity bag more coins, I always make sure I bag more coins whenever the market is red because I believe the market will definitely bounce back and the best time to buy a coin is when we are in bear market, that's when people panic and sell there coin and I believe that's the best time to buy from the people who are scared and you will sell when the market is green for the people that sold for you when the market was red.

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February 23, 2022, 01:30:17 AM
 #39

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens
Well its not easy as it seems and it requires knowledge and skills in order to do that. Plus nowadays we have plenty of projects existing without real use case, so if you're going to create such for your own benefit better to forget that idea. The best thing to do in times we are in dip is to fill our bags with worthy coins. Then sit back and wait for an opportunity to take profit.

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February 23, 2022, 01:35:10 AM
 #40

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):
I hope it's as easy as you say it like it's no biggie to create dApps, NFTs, or anything. That's just what makes it even crazier that people have been successfully doing it and making a profit from it.

I think the easiest way to profit from when crypto is down is to buy more of it. It's just easy as that. As long as you can purchase more and more of a cryptocurrency that you can manage to believe in and average all the way, that's the best.

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