OMG crypto is low ! what do i do ?

[Darker45]

The crypto market is already inundated with countless of such things. Dapps, NFTs, and all kinds of tokens are created all the time and for no reason other than the hope that value is made out of them, unreasonably. There seems to be such pattern in the market. Developers are now like playing a lottery with crypto projects. They make one project after another hoping that one of these projects could hit it big in the market. The same goes to NFTs. And this is precisely the reason why the crypto market has become toxic and polluted.

No the crypto world has color ... else it would be black and white ...it's good that people build , does not matter what they build.

It indeed has color. And I am not one of those who cancel or ostracize the entire altcoin market. I am not one of those Bitcoin maxis who are now even attaching negative insinuations on the term crypto itself because it shouldn't be crypto but Bitcoin. I acknowledge that there are altcoins that serve their purpose.

But who be happy looking at the market flooded with the likes of Shiba Inu, Dogelon Mars, DogeBonk, Doge Dash, DOGGY, Dogs of Elon, Dogey-Inu, and others? Who would be happy looking at those very expensive NFTs that are nothing but digital works many of which even stolen? Do you think it does not really matter what developers build?

[bitzizzix]

I don't really care what the OP says and to change plans something requires good knowledge so as not to regret it or just waste time.
I'd better do the habit that I do, and the results so far are much more effective and good without having to change it which I don't know the results yet.
and when the market is bearish my only option is HODL while taking advantage of every drop to make a buy because this is my chance to grow my holdings and best discount to take advantage of it, and wait for the price to bounce back, no matter how long i have to wait, most importantly when the time comes I get a satisfying and tangible profit.

[traderethereum]

If you have a plan in this situation, you can do it for now while the market is still at a low price.
But if you do not have any plans, you can relax and do something else.
But for me, I will still check the market and see if there is a chance for me to do something such as buy for a small amount or sell for some amount.
If there is nothing I can do, I will leave the market for a while because that will help me not think about the market movements.

[Sebas.tian]

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.

Yes many people have sold their property already to purchase huge amount of crypto and hold for future profit making. Those that saved a huge amount of money for this opportunity to come, will not miss the good news that is about to happen in the exchange market. Now that the price of cryptos has dropped  for many people to use this opportunity to achieve well from their investment,it will be favourable for people to use huge amount of money to invest. Those that created more tokens in this period will have a lot of income to achieve because the gas fee of cryptos has dropped for investors to make a passive income in this season. 

[ultrloa]

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.

This needs a lot of years before we can learn this skills and not enough time for people who starting up to learn this since maybe they will be left behind before they learn something great and act according to your plan after that. And for average joe around for sure they will not give a shit to study those since majority will just go invest and wait for their coins to pump that's why what people needs to learn is how they can create proper trading plan on different market scenarios.

[el kaka22]

Creating a new project in crypto is not as difficult as people think it is. If your whole aim is to make money for yourself, I could get you a project that could make you 20k dollars with just 2k budget, and that is how easy it is.

However, the project would drop significantly lower as soon as it starts and everyone will call you rugpull or scam even if you do not steal their money, all you did was promote something that you will do, do it, and then the project will not be good and that's it, it is not a scam, it is failing but not a scam (big difference). Why don't I do it? Because, I do not want people to lose money and it would be unethical to do it. So, you should not start your own dapp or nft or anything like that to make money just because markets are down, that would be unethical if you ask me.

[evilgreed]

               Lol. Just another phase in the crypto industry. Your suggestions are good for some people but not for everyone since not all people that are in this industry are tech savvy guys. Some are just investors or even just sma time traders while some are in the middle or are in the process of transitioning from an unvestor to a developer and more. For me, the best thing for low prices is to buy the best picks you have when prices are low and just DCA when prices get even lower. This style has worked wonders for me. I hope this helps.

[sayaya17]

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.

Instead of creating new projects that are not necessarily successful, and also creating new projects is also not easy, it's easier to invest in coins that
we think potential. Because almost all coins have decreased in price right now. That means it's time to buy, but buying coins, don't use money from
selling something, moreover, we really need these items. Always remember to invest with cold money, so when we buy coins and the price goes down,
we will not panic and can be more patient waiting for the price to rise again.

[dezoel]

Selling something, like what exactly? I do sell my services to clients and I get paid for it. As for NFT, that’s something that I am not into, but I have seen a lot of people who are into it, especially digital artists and it has been fetching them a lot of money. NFT is something that has really favoured the digital art niche, and I would advise anyone who is into such to try it out and start selling their arts on NFT platforms like OpenSea.

Whenever the market is in a low position, it is the right time to start thinking of ways to be creative so that you can earn as much coins as possible that you would hold and even make profit when the market starts to recover again.

[batang_bitcoin]

We have just waited long term I think the market will go moon soon USA will pass a law very soon.

We know that there's something positive to happen for the long term. But it's about the market, it's a cycle. The greener days are likely to be done already and if we ever see that it keeps going green, it's like the tail of it which is about to end. As for a law? What is it all about?
USA making crypto legal? There's no need for that particular law, maybe an announcement from Biden that they're going to be a crypto-friendly would turn the event. However, I don't think that he'll do that.

[TheNineClub]

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.

Ok, but that's not really specific. But it doesn't have to be, it actually can be vaguer, in the sense that one should follow one's own principles in situations like this. First and foremost, you don't need to do anything. Nothing is a guarantee and doing something vs doing nothing can sometimes add up to the same thing. SO the question is, what is a person's strategy in crypto. When they know that they know how to approach when crypto is going down, and subsequently when it goes up. So yeah, I agree, be creative, be creative in how you approach crypto because that will in turn tell you what to do.

[Cling18]

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.

I still see buying top coins like BTC, ETH and BNB better during this kind of situation. Dip is actually a part of the crypto cycle but I don't think investing with unstable coins would be a smart idea. It would be better to take it as a chance to accumulate potential coins while the price and fees are still low.

[Ararbermas]

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

I don't know if its a good recommendation because for sure not all people can do such stuff.. Even me  

For me in my personal opinion probably making a list to buy at the dip will be a good idea rather than what you've mentioned above because surely i can make good return after all. Lol

[Moneyprism]

all of that requires resources such as skills, money, etc., and when we have successfully launched our tokens to the market we cannot immediately predict that our tokens will be bought by many people, it requires marketing, etc, and all of that requires money

if someone buys our token, will the proceeds from the token sale cover the capital we have spent in development and marketing? .... my opinion means that this is not a solution, on the contrary it will make us lose more money and make the crypto market more polluted

[awik p]

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.

I'm just a learner to trade and make a little investment in cryptocurrencies. to be like what you mentioned, of course I have not been able to. by learning to trade it will provide daily income, and not being affected by the current trend, we take advantage of fluctuations in the short term. on the other hand by investing, then I have savings for the future

[Bitbtc8]

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.

1. Building dapps is a good idea
2. NFT creation for what purpose? To make money? NFT isn't for everyone
3.  Its not a must to sell something we already have so many valuable coins around, buy and hold.
4. Creating tokens isn't a must because not everyone is qualified to build a project, create a team work and keep updating the project for the future, this isn't a easy task unless you are creating for scamming.

[The Sceptical Chymist]

What? There's no relation between all those you mentioned above and bear market, more over it make your product get less demand since no one is panic and fear. The good thing to do when it's bear market is start doing DCA or buy Bitcoin every dip, in the long run when the market recovered you'll earn profit after doing that. Actually you don't need to create those stuff in Ethereum chain if the gas fee is expensive, there's many alternative.

Spot-on, bro.  If you believe that bitcoin (or your coin of choice) is destined for a much higher valuation--which is probably the case for most of us here--then you ought to be buying at times like this when it looks like everything is collapsing.  Warren Buffett said something like "Be greedy when others are fearful", but it's easier said than done.  For some bizarre reason when the prices are falling in the stock market, the crypto market, and basically any other investment market, people don't want to buy.  That runs contrary to our normal instincts to spot a bargain and to buy something when it's on sale.

I'm just wondering how far bitcoin and all the little altcoin ducklings are going to sink.  It seems like the selloff has something to do with the situation in Russia, and that mess has just started to escalate.  God help us if other countries get caught up in this.

[ultrloa]

What? There's no relation between all those you mentioned above and bear market, more over it make your product get less demand since no one is panic and fear. The good thing to do when it's bear market is start doing DCA or buy Bitcoin every dip, in the long run when the market recovered you'll earn profit after doing that. Actually you don't need to create those stuff in Ethereum chain if the gas fee is expensive, there's many alternative.

Spot-on, bro.  If you believe that bitcoin (or your coin of choice) is destined for a much higher valuation--which is probably the case for most of us here--then you ought to be buying at times like this when it looks like everything is collapsing.  Warren Buffett said something like "Be greedy when others are fearful", but it's easier said than done.  For some bizarre reason when the prices are falling in the stock market, the crypto market, and basically any other investment market, people don't want to buy.  That runs contrary to our normal instincts to spot a bargain and to buy something when it's on sale.

I'm just wondering how far bitcoin and all the little altcoin ducklings are going to sink.  It seems like the selloff has something to do with the situation in Russia, and that mess has just started to escalate.  God help us if other countries get caught up in this.

This is best decision to be made by people think about investing on bitcoin but been afraid on its current condition, but if we really while everyone is dumping for sure we can spot the best position they made. But if they bought there bitcoins last week then what's best for them is to do a cut loss exchange their capital to USDT or any other stable coin then buy again when market goes more dipper than the current price today.

And also Russia already warn the country who interfere their invasion and hopefully this war will not spread towards them between US since for sure more other bug countries will help their allies and it could turn all to more worse situation.

[Similificator]

For the sophisticated people or people in the correct field (having the proper knowledge and skills), op's suggestions really are great for gaining huge advantages even when the market is bloody or capitalize on the bloody market, shall I say. But for people that are not well versed with the suggestions of op, it would be a better idea to just stick on buying the coins on sale and DCA whenever the prices go even lower. Of course, studying about the op's suggestions can  also be done at the same time if the person is interested so he/she can adapt and have more opportunities that can be taken.

[The Cryptovator]

Seems OP suggesting creating a crypto project once the market is down (lol). This isn't what we should do during a bear market, it wouldn't bring a good result even for a crypto project. What we can do, is hold our existing assets and accumulate more if possible. Just do not sell assets like a panic seller. Today market conditions are more worst due Russia and Ukraine wars. This wasn't really expected anyway. Not sure if we gonna see this bottom in near future, it's crypto and we can't predict exactly. So it's time to accumulate guys, not to be panic.