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Author Topic: I was tempted to sell off altcoin  (Read 1172 times)
Adbitco (OP)
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February 24, 2022, 07:04:08 AM
 #1

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

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February 24, 2022, 07:23:23 AM
 #2

Crypto winter is coming, even vitalik buterin confirmed this, I've sold most of my altcoins in Nov/Dec 2021 because i have understood how crypto works every market works seasonally and there is nothing that can stop bear market, if you are still in profit right now I suggest you start changing them to stable coin.
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February 24, 2022, 07:54:47 AM
 #3

To me this market isn't looking good, for every recovery there is always more down trend later, it looks like we are slowly going into bear season don't you think? Now is the time to get out of holding and focus more on trading.

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February 24, 2022, 08:11:38 AM
 #4

Do not. Just be patient for a few more moments. The market price does not support you to make a profit when you sell the current asset. 60% of the assets you say are close to losing, when you are willing to be patient for a while longer, then you will definitely get 60% profits. Rest assured my friend.

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February 24, 2022, 08:21:48 AM
 #5

It is obvious that the bear market has come, don't lie to yourself, now selling, you can save some strength


Don't know how long it will last this time
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February 24, 2022, 08:23:28 AM
 #6

Do not. Just be patient for a few more moments. The market price does not support you to make a profit when you sell the current asset. 60% of the assets you say are close to losing, when you are willing to be patient for a while longer, then you will definitely get 60% profits. Rest assured my friend.

From other telegram group i joined they said BTC is likely to get to $29k and you know what will happened to altcoin as well? As it is always said Bitcoin remains the market propellers meaning if bitcoin goes so down then i lost 70% to 80%.
Well i will watch for only today to see how the trend goes before taking any decision at the moment.

Thank for sharing your thoughts more comments are still welcomed

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February 24, 2022, 08:45:53 AM
 #7

The war between ukraine and russia triggering so many bad sentiment in the stock and crypto market even dow jones was also decreasing along with the cryptocurrncy which is correlated with it too. People are getting scared to see the market and then they are doing dumping to their assets as a part of their preparation when the war will be happening and to be honest this may become a long term journey with the bearish market but for me this is the best time to buy from the market. i lose a lot but im not missing this golden opportunity to buy more tokens from the market.

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February 24, 2022, 08:54:45 AM
 #8

I will say that the 4 year cycle is still in effect, so base on that, I will say that we are indeed in a long bear market that could last 2-3 years.

As for your portfolio, if you haven't heard, Putin started to mobilized his troops and attack Ukraine. So the war has started and all the financial markets have been hit by this news.

So it might be good for that you sold off because of the uncertainty surrounding this event.

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February 24, 2022, 09:28:02 AM
 #9

This appears to be the natural cycle of Cryptocurrencies.  At this point, for most of Altcoin holders it would make no sense to sell anyway.  The loss is too large for a sell to be worth it anymore.

I learned to forget about my investments and kept it this way for years.  You never know when a market makes a comeback and from my own experience I know that I feel more worried after I sell on a loss than I feel when I keep my Cryptocurrencies and hold on to them.  Imagine selling on a 60 percent loss and waking up tomorrow with the markets making a 15 percent recovery.  You would feel bad that you sold, would you not?

Learn to invest decent amounts of money rather than extreme and learn to forget about the investment.  In these tough times, the weak will transfer their money and assets to the strong.  Of course, this is not financial advice but a personal opinion.

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February 24, 2022, 09:45:08 AM
 #10

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

Well the price drop that you witnessed today a few hours ago was because of the russian invasion of the Ukraine. This news immediately caused the financial market to drop including the traditional stock market and not only the crypto market. Of course the crypto market always drops the heaviest when stuff like that happens but that should not be to surprising to anyone. I think you did well to not sell off your coins as you would have probably sold them at the bottom. Now that the initial shock and reaction of this news of the invasion is over i don't think we will see another sharp drop of the prices soon, except there will be another surprising turn of events for the worse.
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February 24, 2022, 09:53:14 AM
 #11

If you've sold your altcoins since last year you made the right choice because the next thing to expect now is bear market, many people are greedy that's why they are still holding I'm not talking to those that buy and sell for 1% to 5% gains I'm talking about those who keep holding since the beginning of bull market.

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February 24, 2022, 10:07:27 AM
 #12

The war between Russia and Ukraine triggered a worldwide economic downturn, stocks and cryptocurrencies plummeted. When the war started, bitcoin immediately fell 10% it had an impact on other altcoins, even my assets returned minus 20%. I'm sure to keep it on USDT because the war will continue to heat up.

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February 24, 2022, 10:08:58 AM
 #13

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
I feel you mate because it's really hard to see most of our investment are really decreasing value in such situation especially if the situation is getting worst.

But we still have chance to regain our losses as long as we keep holding mate, so i suggest don't sell because as usual these always a temporary situation as it's part of the cycle of the market..

And base on your question "why most crypto is decreasing especially BTC and BNB."?

well basically bitcoin is one and only coin that has largest market cap in the market reason most crypto in the market are affected on its situation.so don't be surprised anymore.
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February 24, 2022, 10:11:39 AM
 #14

I think it is already too late to sell altcoins. They are so deep, that the amount you get for them will be laughable, compared to what you could have gotten. Your only strategy right now is to wait. And your best strategy in the past was either to sell with loss (selling now will make you bankrupt), or make serious research before buying, that will prevent such tempting to sell situation to happen. Best option right now is to wait, rest from crypto and seek for alternative source of work or income. That will kill temptation of selling and you will get new experience or skills.

R


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February 24, 2022, 10:17:04 AM
 #15

Crypto winter is coming, even vitalik buterin confirmed this, I've sold most of my altcoins in Nov/Dec 2021 because i have understood how crypto works every market works seasonally and there is nothing that can stop bear market, if you are still in profit right now I suggest you start changing them to stable coin.
Yes, very good advice and I've also changed a lot of all the assets I own into stablecoins so there's nothing important that I need to think about now that all my assets are in stablecoins which obviously will never lose to keep in the long term.

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February 24, 2022, 10:18:35 AM
 #16

At first I thought this was just a correction as usual, but twitter is filled with the hashtag ww3 meaning the war between russia and ukraine is really happening and is affecting the global economy. Hopefully it will recover soon for market prices.
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February 24, 2022, 11:33:37 AM
 #17

I want to believe you are playing the long game in your cryptocurrency investment otherwise, you should sell everything now. I think bear market is in full force couple with what is happening around the world especially in Ukraine! But if I were you, I will not sell, I will rather look for opportunity to double down on my investment!

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February 24, 2022, 11:39:45 AM
 #18

To me this market isn't looking good, for every recovery there is always more down trend later, it looks like we are slowly going into bear season don't you think? Now is the time to get out of holding and focus more on trading.
If I judge the market conditions the other way around because it is clear that currently the market looks very bad and is still not suitable for holding and a little less suitable for trading because a decline is still more likely to occur than an increase in the price of coins in the current market.

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February 24, 2022, 12:25:39 PM
 #19

If you've sold your altcoins since last year you made the right choice because the next thing to expect now is bear market, many people are greedy that's why they are still holding I'm not talking to those that buy and sell for 1% to 5% gains I'm talking about those who keep holding since the beginning of bull market.

But we are already down, he should have sold off when the price is at all time high. So for me, its' better to hold because sooner or later we might recover some so at least he can still good money instead of a minus profits. I know majority of us has been tempted and maybe the reason is that we've seen the effects of war. But for me I don't think that it will last long. Russia might be showing her teeth and try to send message to Ukraine and other countries, but it will not start a ww3 as others are trying to project.

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February 24, 2022, 12:37:43 PM
 #20

Selling out or converting your portfolio to USDT after reaching a 60% loss is not a good idea. It would be best to accept that you're late and wait for the next bull run to get a profit. I'm of the opinion that there's actually no loss made since you still have your coin and could sell for a higher amount in the near future.
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February 24, 2022, 12:46:51 PM
 #21

     Sad to say, just monitoring the market alone is never enough. Even when you are an expert in technical analysis, you're technical analysis won't serve any purpose when the economy is going crazy negatively or in a good way. A trader must be aware of the news even when you do not consider yourself as a trader and just a normal investor, it is your responsibility to be alert and well informed with what is happening around the world that may affect the price of the assets that you hold, be it crypto or something else. The only advice I can give you is to weigh your choices, the purpose of your fund and the credibility of the asset you hold (quality, usecases and survivability throughout the bearish times). After you have considered these, you can decide for yourself whether to cut losses or hold(DCA if possible) all throughout the entire bear season. Anyway, I hope this served as a good lesson for you and for the newbies out there. The crypto industry is not a walk in the park. It is brutal. Some here just got in after seeing the bull season so savor these lessons.

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February 24, 2022, 12:51:35 PM
 #22

I think you don't done right because in losses selling is not the right choice. When we invest in any market then we should now that your portfolio is going to happen up and down. It will test your emotions. As I research market your money will going to much bigger or you going to loss, there is no middle way in any market. So selling in loss not a great idea you should holds and try your luck.
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February 24, 2022, 01:06:43 PM
 #23

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

don't panic when you see current market conditions because conditions like this have repeatedly happened in cryptocurrencies, but you have to look at the assets you have, do they have strong fundamentals to be able to increase in the future?? because not all altcoins can survive in these market conditions. the important thing is not to panic because everything will return to normal in time and the BULLRUN will definitely come back.

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February 24, 2022, 01:15:42 PM
 #24

It's understandable to feel bad when your portfolio seems to be draining, but there's really no cause for alarm because it's a norm with cryptocurrency. We all know that the market is volatile in nature and after a bear, always comes a bull. You may need to be patient if your portfolio is made up of good coins like bitcoin and ethereum, because no matter the situation, they'll still find their way up again.
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February 24, 2022, 01:16:50 PM
 #25

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

don't panic when you see current market conditions because conditions like this have repeatedly happened in cryptocurrencies, but you have to look at the assets you have, do they have strong fundamentals to be able to increase in the future?? because not all altcoins can survive in these market conditions. the important thing is not to panic because everything will return to normal in time and the BULLRUN will definitely come back.

As always, bull run will come back but we never know when it will exactly come back.

With the global crisis now particularly the attact of Russia to Ukraine, I think this will create some panic and crypto will temporarily be affected. This is the time for us to hold and don't follow the market sentiment, it may dump but consider buying the dip as it's always the right strategy in situation like this.

R


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February 24, 2022, 01:22:03 PM
 #26

Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.

If you lost 60% of your portfolio in dollars, that must mean you either invested in real shitcoins or pretty much at the peak of the rally. Both are bad. And unfortunately, that's how it is for many who got caught up in the fomo and were still investing when many experienced investors had already secured their profits long ago. I can only advise you to wait until a bottom is reached. At the moment, there are too many crises, whether Russia-Ukraine or monetary policy. After that, I would get back in and try to make up for the losses. But you must not forget that 60% loss means that you have to make about 120% profits to make up for this loss.
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February 24, 2022, 02:11:19 PM
 #27

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

don't panic when you see current market conditions because conditions like this have repeatedly happened in cryptocurrencies, but you have to look at the assets you have, do they have strong fundamentals to be able to increase in the future?? because not all altcoins can survive in these market conditions. the important thing is not to panic because everything will return to normal in time and the BULLRUN will definitely come back.

As always, bull run will come back but we never know when it will exactly come back.

With the global crisis now particularly the attact of Russia to Ukraine, I think this will create some panic and crypto will temporarily be affected. This is the time for us to hold and don't follow the market sentiment, it may dump but consider buying the dip as it's always the right strategy in situation like this.
Currently our patience is being tested with market conditions that continue to decline due to the influence of the latest news regarding the conflict between Russia and Ukraine, and this news greatly affects the movement of cryptocurrencies, so don't panic and stay calm.
but we don't need to relate it to any news because this is where we are tested to still have faith in crypto to stay strong and believe that a bull run will definitely happen even though we have to wait a long time, and the best choice in the current situation is Hodl. or take every drop of it to buy it gradually and hold it for the long term because anything affecting crypto will pass.

.
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danherbias07
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February 24, 2022, 02:37:56 PM
 #28

It may not be wise to sell off now. You could've done it 2 or 3 months ago but now with this bear market, all you could do is keep it or save yourself from losing more if you feel like there is no future for it. Because there is really no telling where all of this would go.
IMHO, the higher chance of bouncing back up is higher than falling all the way. This is how Bitcoin runs and history is the proof of it. It goes up at a surprising level then it corrects at where it should really be after a hype. At the end of the day, it's still your decision.

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February 24, 2022, 02:48:21 PM
 #29

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

IMO, I believe that no matter what happens it's your own call to do anything with your own crypto holdings and if you want to sell it at loss then let it be, but just remember that the concept of holding is to endure everything that might happen in the market and just keep believing that one day the market will be good enough to generate some profit through your crypto holdings but also consider that not all cryptocurrencies will survive if the next crypto winter will arrive just like the magnitude of 2018-2019 respectively so just be wise and made up your mind. whether you sell and save the remaining part of your investments or hold all the way for the next bull season it's your own decision to make and good luck!
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February 24, 2022, 03:09:41 PM
 #30

I myself am holding some crypto after many years of investing, and I have yet to suffer a heavy loss. Although the past time is not gone well, I am personally very optimistic and believe in my choices. I've seen a lot of trends happening that attract newbies to the market, but I'm personally always skeptical and look at facts rather than hype, so I'm always optimistic about what's going on and do not be greedy in the face of attractive offers of profit, but with too many risks.

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February 24, 2022, 03:13:34 PM
 #31

There is a huge selloff going on! Panic never makes sense when it comes to investments. However, you made a wise decision by selling off. There is strength for USD against everything. Safety assets outperform. Bitcoin drops. Bitcoin is the great inflation hedge. Safe haven assets are the opposite. I'm not sure how much more it would decline based on what happens over the next few hours. Nevertheless, wealth does not disappear; it simply shifts. It is in your hands to decide whether you have a good hand or not.
jrrsparkles
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February 24, 2022, 03:26:09 PM
 #32

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Selling at 60% loss is worst decision, whether you have to wait until the price recover or accept the loss and move on. If we are talking about Bitcoin I will definitely say keep holding but we are talking about altcoins in general so it really depends on the coins in your portfolio, if you don't see any future in that coin then better secure the remaining 40% capital.









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February 24, 2022, 03:49:31 PM
 #33

It is normal if you are tempted to sell your coins, but if you sell your coins, you will incur a huge loss because the market position is currently falling drastically. Maybe you don't need to look at your wallet and just leave your coins there while you can wait for the market to recover. Currently, the market is in a downtrend, and we can only wait, but you can buy bitcoins or altcoins, which may rise again later.
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February 24, 2022, 04:01:26 PM
 #34

There are actually lots of events that affect the situation of the market and there's a possibility that it could drop even more in the coming days. It's fine if you feel tempted to sell your coins. Other holdings are also doubting right now but as for me, it wouldn't be the best time to feel scared of the dip because the market will still recover no matter what. As long as you're holding potential coins, you shouldn't give up and surrender during the dip.
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February 24, 2022, 04:26:51 PM
 #35

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
It's still unknown but everyone could tell that we're likely in a bear period. By how the market looks right now, that's how it is. And with the war that's also happening, this is making everyone panic that it may affect the market despite the differences of it from the casual market that we're with.
If you're going to sell at 60% loss and put that into bitcoin, that's the biggest chance that you might recover but in an unknown period of time. You should be open of being long on it if done.

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February 24, 2022, 04:50:04 PM
 #36

Do not. Just be patient for a few more moments. The market price does not support you to make a profit when you sell the current asset. 60% of the assets you say are close to losing, when you are willing to be patient for a while longer, then you will definitely get 60% profits. Rest assured my friend.

From other telegram group i joined they said BTC is likely to get to $29k and you know what will happened to altcoin as well? As it is always said Bitcoin remains the market propellers meaning if bitcoin goes so down then i lost 70% to 80%.
Well i will watch for only today to see how the trend goes before taking any decision at the moment.

Thank for sharing your thoughts more comments are still welcomed
Decreases don't always happen, there will definitely be increases. So far the graph goes zig zag. I'm sure you know how the cycle goes.
If you believe in selling for fear of losing a large percentage of crypto assets, then please make a decision. For me, it would be a big loss if the current market conditions chose to sell.

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February 25, 2022, 01:45:55 AM
 #37

Don't rush to sell because you see the market is bearish, especially when you know that you will lose about 60% of your assets, you better trade it with Stablecoins which always have a stable price despite negative sentiment.

The good news today is that the market is back in the green for almost all coins, maybe you should reconsider.

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February 25, 2022, 02:35:32 AM
 #38

Dont sell at loss. We might be in bear market at the moment but its only a temporary situation. Dont think you lose your altcoins for decreasing so much (in value) but when the market recover, your alts will also bounce back.

However this is only applicable in coins that has potential and not shitcoins. Hence if you're holding an established coins that are likely to recover, keep holding and have patience.

Its quite normal to worry because we dont know what lies ahead. So the decision will depend on how confident you are with your altcoins.


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February 25, 2022, 02:49:22 AM
 #39

The war between Russia and Ukraine has caused panic in the stock and crypto financial markets. You should not sell altcoins at this time, I think you should wait patiently. Wait for short-term market rallies and you might consider selling your altcoins before the market continued to plunge. We are already in a bear market, keeping money is essential now.

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February 25, 2022, 02:50:19 AM
 #40

There is no detailed information about the current market situation.
i still hold coins from the portfolio i have, -80% and i'm just sitting quietly waiting for the bullrun to come, for now i don't expect much increase as many unpredictable situations have happened.
I'm just waiting for the Bitcoin Halving and it will pump up the price again.

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February 25, 2022, 04:25:02 AM
 #41

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Didn't you invest what you were able to afford to lose? Then why are you worried about the 60% drop of your assets? You shouldn't sell (unless you really need the money, but then again, you shouldn't have invested those money in the first place) anything. Keep holding until the bear market ends. Look at the charts and you will see that market crash like these happens, but eventually the price starts to recover again. As long as you aren't holding some shitcoins, you are fine. If those are some shitcoins, sell as soon as you can.

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February 25, 2022, 05:28:09 AM
 #42

well, it's not just your assets that have fallen so deep, in fact almost everyone holding crypto will have the same result. personally, I even fell more than 60% of the assets I held. however, beforehand, I had prepared myself with this. So, I will either hold it until the price pushes my asset back above 50% returns, or wait for it to become completely worthless. however, before investing, I was prepared with it.

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February 25, 2022, 06:40:27 AM
 #43

It may not be wise to sell off now. You could've done it 2 or 3 months ago but now with this bear market, all you could do is keep it or save yourself from losing more if you feel like there is no future for it. Because there is really no telling where all of this would go.
IMHO, the higher chance of bouncing back up is higher than falling all the way. This is how Bitcoin runs and history is the proof of it. It goes up at a surprising level then it corrects at where it should really be after a hype. At the end of the day, it's still your decision.
Unfortunately there are still some people who think that the war could cause it to go down even more. I mean the part where the war could continue for weeks is true, I am not expecting it to be over right away, there will be a lot of people who will end up with something a lot less at the end of this war and they could be worried.

Do not consider the whole market selling because they are afraid of what the war could bring, there are also a lot of people who needs the money as well and that is the biggest problem. Think about that in the long run and all the people who will keep needing money will sell. All the people who works with Russia or Ukraine could be getting less money and need to sell their coins.

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February 25, 2022, 07:39:08 AM
 #44

[snip]
We are already in a bear market, keeping money is essential now.
Well I did not see we are in the bear market, we are really on that stage right now?
Anyway, selling any of your cryptos when the market has a correction is a bad idea, just wait for it when it will be plunged again in the market, and if the current war of two countries was been a reason for this sudden dump it could be not the main factor of the sudden dump. That is not a world war and it is impossible to happen, other allied countries know that there will be an economic crisis when then there is a war.
However, if OP means selling his altcoins and reinvest in bitcoin is a good idea.









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February 25, 2022, 08:41:29 AM
 #45

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Classic story, but don't be discouraged because you got a good experience. Further, there will be more small rises and falls in the price, but I think that the general vector will be directed downwards in order to force investors like you to sell your crypto assets. In your case, you need to analyze each token and make a decision.

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February 25, 2022, 09:08:49 AM
 #46

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
people usually buy when the market price is down. however you are tempted to sell your current crypto assets.
60% is a large percentage if assets are lost. lest your crypto asset is not a top coin so you are tempted to sell, because if you hold on the price will continue to decline. Is it true?
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February 25, 2022, 09:18:39 AM
 #47

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

You have to remember what your initial purpose of investing in crypto, if to make a profit why should you sell it when the price is low.
Market declines in the crypto world are common and will definitely happen again and again, so there's no need to panic if your assets drop to 60%.
Because as long as you invest in potential coins, you don't have to worry, the price of the coins you have will recover and even go up much higher.
One of the keys to successful investing in crypto is patience, so be patient with holding the coins you have until the market is bullish again.
Don't rush to sell the coins you have when the market is bearish like now,  who knows in the near future there will be good news and make
the crypto market recover. But remember that you are holding not shitcoins, if you are holding shitcoins you should sell them as soon as possible.
Because shitcoins the possibility of recovering is very small, so the risk is too high, if you hold it for too long.

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February 25, 2022, 12:19:41 PM
 #48

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
people usually buy when the market price is down. however you are tempted to sell your current crypto assets.
60% is a large percentage if assets are lost. lest your crypto asset is not a top coin so you are tempted to sell, because if you hold on the price will continue to decline. Is it true?
If your asset has fallen by 60%, it's better not to sell it now but just wait because if the price goes up after you sell, you will regret selling at a low price. This is a good moment to buy because the price is already below, so if you want to buy now, it can be a good moment to increase your coin amount. So I suggest you wait until market conditions recover.

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February 25, 2022, 12:31:51 PM
 #49


Decreases don't always happen, there will definitely be increases. So far the graph goes zig zag. I'm sure you know how the cycle goes.
If you believe in selling for fear of losing a large percentage of crypto assets, then please make a decision. For me, it would be a big loss if the current market conditions chose to sell.

After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707
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February 25, 2022, 05:28:26 PM
 #50

Not only you but also many traders loss their money. Somebody 20%, somebody 40%, somebody 60%, if anyone loss 10% or 20%, then you sold your crypto. But, if you loss more than 25% or above, then you should hold your coin as can as possible. Because, you know that there are many times, btc breaks it’s own record and create a new one. So, be patience and you see in future that btc break all records and market will be in strong position.

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February 25, 2022, 05:41:57 PM
 #51

I don't know why you should be tempted to sell off your portfolio if it only contains btc and eth (if I were in your shoes I won't bother, but this is your decision to make) the point is, btc has experienced worst situations than this and always come out even stronger, except you have such a pressing needs that require urgent money I don't see the point, or perhaps you believe if you sell now you can buy back cheaper (that is, if you still want to reinvest) otherwise no need.

Even if it's alts, time to sell already passed (imo) selling now at -60% is like throwing your asset away (well depend on the alts) if they are shitcoins and you fear they may not be able to recover, I would say dispose of them ( again it is your decision ).

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February 25, 2022, 06:46:12 PM
 #52

our goal for investing is to get a profit, so don't panic to sell our assets when the crypto market is falling, especially if the crypto we hold is a coin that has strong fundamentals such as, BTC, ETH, BNB, SOL, AVAX, DOT, ADA, and TERRA LUNA, the rise and fall of crypto prices is a very common thing to happen but when the rise and fall of a coin no one knows for sure, therefore we must learn from the experience of 4 years ago, where BTC and other coins have fallen too deep for a long time, this incident makes people who panic excessively get big losses because they sell their assets when prices are very low, but on the contrary it is people who are patient and optimistic who get the benefits which is great, because BTC and its other coins have risen so high a few years later,




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February 25, 2022, 08:55:24 PM
 #53

Even if you are a technical analysis specialist, your technical analysis will be useless if the economy is going nuts, either negatively or positively. Even if you do not consider yourself a trader and instead consider yourself a regular investor, it is your obligation to be aware of what is going on in the world that may impact the price of the assets you have, whether it is crypto or anything else.

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February 25, 2022, 09:00:14 PM
 #54

The market is either bullish or bearish, I ask myself, why do people panic when the later occurs and Jubilate when it gets bullish. The people who understands cryptocurrency market utilize the bearish time because it'll get bullish soon and everyone gets happy again. That's why some win on cryptocurrency market while the others feel like it's not for them. OP, some coins like BCH was not hit so hard. Consider such kind of coins they'll be a better substitute.

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February 25, 2022, 09:59:43 PM
 #55

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
I feel what your feel mate, to sell was your choice but first, you also have to think what will be the results with this. Because losses can be possible if you sell them below the buying price and I think it was not a good idea either.
Well, I'm not saying you should have to hold your coins but I just wanted for you to think. it gonna be a hard decision this time especially if you are relying on crypto profit but we sometimes do the sacrifice and that to hold is a way not to lose our money as surely the market will recover someday.

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February 25, 2022, 10:19:52 PM
 #56

The market is either bullish or bearish, I ask myself, why do people panic when the later occurs and Jubilate when it gets bullish. The people who understands cryptocurrency market utilize the bearish time because it'll get bullish soon and everyone gets happy again. That's why some win on cryptocurrency market while the others feel like it's not for them. OP, some coins like BCH was not hit so hard. Consider such kind of coins they'll be a better substitute.
The answer is simple, it hurts to see your profits going down and you rejoice when the market soar higher and that is human nature and it will not change, but smart investors will understand with every correction it gives them the opportunity to add more in their bag and then wait for the market reversal and earn their profit. So always be a smart invest rather than an emotional investor.
^ Definitely right but for me, if the profit was been on my target profit then I will sell them without hesitation.
Seeing the price that has been increased is really tempting to sell and hope that you have able to gain more profit upon holding. There is no need to wait for long if it is already hit your profit target. Just sell and reinvest it back when again there is a correction and I think that is how the smart investors will think about crypto investment. Be always have a wise decision.
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February 25, 2022, 10:43:37 PM
 #57

Not only you but also many traders loss their money. Somebody 20%, somebody 40%, somebody 60%, if anyone loss 10% or 20%, then you sold your crypto. But, if you loss more than 25% or above, then you should hold your coin as can as possible. Because, you know that there are many times, btc breaks it’s own record and create a new one. So, be patience and you see in future that btc break all records and market will be in strong position.

Actually it's normal for us to experience losses when investing in crypto, because I'm sure everyone has experienced it. However, it does make us
panic if we see our assets drop drastically, moreover until it drops to 60% I can understand how it feels. But the mistakes we make make the experience
for us to be wiser in making decisions. I agree with you, if we are still losing below 25%, it doesn't matter if we sell the coins we have. But if our
assets have fallen above 25%, it is not recommended to sell our assets, because later, apart from making our morale fall, we also find it difficult
to compensate for the losses we have experienced. Actually, in my opinion, as long as we invest in popular coins that are at the top, there is no need
to panic to sell them when the price drops. Because popular coins such as BTC, ETH, BNB, SOL and ADA if the price falls very deep, the chances of
recovery are very high, so it's better to just hold until the price goes up again.

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February 26, 2022, 04:13:58 AM
 #58

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
people usually buy when the market price is down. however you are tempted to sell your current crypto assets.
60% is a large percentage if assets are lost. lest your crypto asset is not a top coin so you are tempted to sell, because if you hold on the price will continue to decline. Is it true?
If your asset has fallen by 60%, it's better not to sell it now but just wait because if the price goes up after you sell, you will regret selling at a low price. This is a good moment to buy because the price is already below, so if you want to buy now, it can be a good moment to increase your coin amount. So I suggest you wait until market conditions recover.
No one disagrees that the right time to buy is when the price drops. Those who sell when the price drops will definitely regret it.
I doubt the crypto assets that are said to have lost 60% since the downturn are good assets like BTC, ETH, BNB or those in the top 10 coinmarketcap. Because the good assets will increase again after this phase ends.
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February 26, 2022, 08:28:08 AM
 #59

I think a bear means is when most of the coins or market in general term are declining. I didn't check the market yet but maybe you checked it already, what did you noticed? If you confirmed that there is a bear then you should refrain from selling. You are down 60 percent which was a lot.

If ever your going to sell at a loss I think you have sold earlier when the down percent is not too much, say 10 to 20 percent is still fine because that wont hurt much and can be easily recovered if you re invest again after you sold your coins. If you want to know the reason of the decline, they say it is because of the war that are happening now between UK and Russian country.

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February 26, 2022, 09:13:17 AM
 #60

No one disagrees that the right time to buy is when the price drops. Those who sell when the price drops will definitely regret it.
I doubt the crypto assets that are said to have lost 60% since the downturn are good assets like BTC, ETH, BNB or those in the top 10 coinmarketcap. Because the good assets will increase again after this phase ends.
Maybe some of them had already sold when the market was down yesterday and the brand regretted doing it because they see the price increase again today. I also don't know what crypto assets have fallen by 60% but if those assets are BTC, ETH, BNB, I'm sure those assets will give him more profit and he just needs to wait for that moment to come again. Instead, he should have to buy more those assets again at this point before the price went up further.

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MadeMen
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February 26, 2022, 11:24:15 AM
 #61

It's understandable to be feel threatened by the wave of dwindling prices in the market. Most times there's the temptation to sell off to avoid losing from the bearish trend but this should not be the case because the market has a nature of volatility and a reduced value is not final.
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February 26, 2022, 02:09:06 PM
 #62

[snip]
We are already in a bear market, keeping money is essential now.
Well I did not see we are in the bear market, we are really on that stage right now?
I hope my prediction is wrong, as we all don't expect the bear market to last as long as 2018. That is terrible!


However, if OP means selling his altcoins and reinvest in bitcoin is a good idea.
The market bounced back today and I actually sold some altcoins in my portfolio. I will definitely buy bitcoin but I think I will wait and watch the market for the time being. I think the market will have a correction coming.

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February 26, 2022, 03:38:51 PM
 #63

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
The rise and fall in the price of crypto assets is natural. If things are currently going down, you just need to hold your coins and be patient waiting for the price to go back up. A 60% slump in your assets can return later after the price soars again.

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February 26, 2022, 05:19:21 PM
 #64

Yeah yeah we get it, even I’m also little bit down the road. Things are so worried these days due to many reason mate. For example, crypto getting hampered because of pandemic economic crisis, different bans, and most recently the Russian Ukraine war break out. Due to sudden shocks and fear across the globe the currencies are dropping in the value. Obviously this is temporary situation and we might just see more downfall in the coming days. With the time it could recover but we have to wait.
Plus I would like to think that if the dollar value is dropping then it’s all fine. At the end, all it matters how many coins we have in our wallets.
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February 26, 2022, 07:19:52 PM
 #65

the current market conditions are very painful my asset has decreased by more than 65% this is very painful for me but i am not thinking of selling it at this time because if i sell now i will get a loss.

If you are really sure that there will be no further price reduction, then of course it is necessary to continue to hold the coins. But it may be that you have misjudged the current situation on the market, then in this case your losses will be even greater.

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February 26, 2022, 07:28:02 PM
 #66

I'll be honest that I've had that happen too, being in a situation where I lost almost 50% of the amount of coins I invested. then what can i do? not many. I can only wait for correction or recovery in my portfolio. I don't want to make the situation worse by selling at a loss. make sure to stay calm or not panic and also always monitor the progress of the project you are investing in.
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February 26, 2022, 07:32:45 PM
 #67

First, wrong move there mate. Why did you sell when you were still losing? You should have at least still hold a little bit.
For the reasoning, if you're specifically aiming for bitcoin, it's just Bitcoin being Bitcoin. I heard that it has any relations with the Ukraine war that's why it is getting a dip lately.
For altcoins, it's just that some altcoins tend to follow Bitcoin's price correction.
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February 26, 2022, 07:34:58 PM
 #68

The decline in bitcoin and altcoins due to the war between russia and ukraine created a total crypto dump. you have made the right choice to sell altcoins that are in most wallets also take the opportunity to collect altcoins to wait for the next bull run to happen it's very greedy the market continues to decline day by day better we are safer if we store it in usdt than in altcoins.

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February 26, 2022, 09:43:23 PM
 #69

First, wrong move there mate. Why did you sell when you were still losing? You should have at least still hold a little bit.
For the reasoning, if you're specifically aiming for bitcoin, it's just Bitcoin being Bitcoin. I heard that it has any relations with the Ukraine war that's why it is getting a dip lately.
For altcoins, it's just that some altcoins tend to follow Bitcoin's price correction.
You should not be selling this time OP as the price is still not seen having a good price increase. And this will not be possible this time due to the current war that is affecting the crypto and stocks market. Its better to hold your altcoins for now along with bitcoin because i am pretty sure once the war ended, things will be back to normal. Just be more patient OP, crypto prices will start to surge if there are no negative events happening around that will  trigger the crypto market.

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February 26, 2022, 09:59:21 PM
 #70

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
Everyone is facing the same situation. I also have lost many percentages in my portfolio. But, I have a strong belief, as far as I am still holding and not selling, I still have a similar amount of the assets, not losing the money.
But once I am selling off, it means I have lost the money for real
Selling off altcoins when the portfolio is exactly down many percent means that we have been ready to lose our money. I don't know why you want to sell off your altcoins, do you feel panic about this market situation? or do you have a very urgent situation so that you must sell off the altcoins even they are very dropped?
Please be wise again and don't panic. Btw, no one knows what will happen to the market situation later. It may keep dropping or rising up again exactly

R


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February 26, 2022, 10:15:56 PM
 #71

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Too bad to hear that mate.
Losing 60% from your investment is really huge and I could say it was a wrong decision but sometimes this gonna happen especially if you are investing in those non-profitable coins as these coins will surely dump badly if the market turns bearish. But I think holding may help however, your emotion has been so strong that you were not able to stop it which lead to selling.
You have to think that the volatility of the market, may we see dumps but this never looks like that forever, it recovers back again which is why holding is very important.



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February 26, 2022, 10:34:34 PM
 #72

There are so many people in your league who have lost more than half of their portfolio due to recent market dump and the worst thing to happen with some of them is they have sold when the market was dumped and then bough again when it was reading (temporary pump) and again they end up losing the amount.

If you have invested in top altcoins then don't cashout when you are in loss as it will surely rise again and just incase if you are doing day trading then trade only with bitcoin and buy at dip, as it increases by 5 to 15 % after every dip and then try converting t to stable coins once you get profit and repeat it as you will be able to recover your loss with few successful trades.









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February 26, 2022, 10:44:46 PM
 #73

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Do you want here to be Field with shilling and shillers doing there job in Crypto always do your own research, that's a priority, a coin that worked out in 2020 maynot work out right now, you If you have done your research and not convinced with coins in your portfolio you can sell off but this time to be in a rush, do extensive researching on which ever coin you would want to purchase.

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Scripture
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February 26, 2022, 10:49:00 PM
 #74

Don’t sell at a big loss, if you’re holding a good altcoins it will recover in time.
This is why having your cut loss level is very important, this can prevent you form losing big money so the next time you trade, set your cut loss level and your target profit as well. The market will recover again, for now don’t panic and if you still have money better to buy Bitcoin.
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February 26, 2022, 11:15:03 PM
 #75

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

I think that it is clear we are no longer in a bull market.

Is that necessarily a reason to sell off all your bags? No. You never know when prices rebound and if you can buy in at a lower price.

But I do think that it is smart to sell off low quality coins that just popped up over the 2021 bull market - these are likely overvalued and the most likely to collapse first.
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February 26, 2022, 11:40:15 PM
 #76

yes currently the crypto market is in a bearish phase and no one knows when this condition will end.
regardless of the problems that occurred in ukraine the crypto market will still enter a bearish phase because in 2021 the crypto market entered a bullish phase and created a new history namely bitcoin and many altcoins reached ATH twice in one year. so I mean if 2021 is a bullish year most likely next year (2022) will enter a bearish, and the problems that occur in ukraine seem to be an emphasis if 2022 is the time for the crypto market to enter a bearish phase.

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February 26, 2022, 11:42:43 PM
 #77

Are those altcoins still worth it holding and will still have the future although small chance? If there is still some, why should sell-off? You will lose your money, won't you?
I prefer to hold my altcoins because if I sell them right now, I will lose the money that I am investing in them. This is not a wise decision for me. ALthough I also feel stressed because the market is getting worse every day. But, as long as our altcoins may still have a chance to rise up, I will still keep holding.

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February 27, 2022, 05:40:14 AM
 #78

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coins that you're holding and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

60% down is not good but you need to evaluate coins and check what went wrong and if there's a chance for a rebound I also have coins right now and in the past that was downed 60% but eventually recovered after their platform and mainnet was launched, 60% down in the bear market is still acceptable as long as the developers are dedicated and the platform and mainnet are still in the developing stage, it's different if the platform and mainnet are already working but not getting support from the developers.
Many investors have a wait-and-see attitude they pour when they see the platform and mainnet are going to make a big difference in the community.


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February 27, 2022, 05:46:49 AM
 #79

There are so many people in your league who have lost more than half of their portfolio due to recent market dump and the worst thing to happen with some of them is they have sold when the market was dumped and then bough again when it was reading (temporary pump) and again they end up losing the amount.

If you have invested in top altcoins then don't cashout when you are in loss as it will surely rise again and just incase if you are doing day trading then trade only with bitcoin and buy at dip, as it increases by 5 to 15 % after every dip and then try converting t to stable coins once you get profit and repeat it as you will be able to recover your loss with few successful trades.
well, if it was a popular altcoin it would be great to keep it on hold. however, it's different if it's an unknown altcoin, it could probably be a rug pull, or something. Well, currently there is a down trend that makes altcoin prices mostly go down. however, if it's a popular altcoin, I'm still not tempted to sell it, even more so if it's 60% down. however, instead of worrying about it, you should limit your losses, maybe every 10% drop, you sell your assets immediately. it's better than waiting up to 60% and being tempted to sell it.

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February 27, 2022, 05:50:12 AM
 #80

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

When you see that your portfolio is down, then why are you tempted to sell your coins? Would you be comfortable in selling you coins at a loss? I think NO.
If your invested coins are good ones, they will recover soon as the market recovers There is no need to be panic selling when the market is dumping.
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February 27, 2022, 06:29:40 AM
 #81

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections

You have to take a look at the market first before selling, and not selling first before taking a look at the market. If after taking a look at the market and you are still convinced that it will dump more, you can sell to recover some losses. Do not allow the arguement of others convince you to keep holding when you know you will keep losing. Take the decision. The tokens are yours and you alone has the final say on them.
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February 27, 2022, 12:47:31 PM
 #82


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Fall of the market is a good opportunity to buy tokens for the best price.
It is necessary to buy tokens when market falls to have the maximum profit from investment.
But during the fall of the market not all the projects will be able to survive.
That is why it is necessary to evaluate the future potential of the coin.

Not all altcoins will be able to survive during the fall of the market. That is why it is necessary to check the development of the project to evaluate its potential.
Only the best projects will be able to survive.
Fall of the market is a good time to buy altcoins for the best price to have the maximum profit from investment.
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February 27, 2022, 01:06:27 PM
 #83

Actually this current situation need strong resistance in order to stay strong, this because this current market situation will discourage many people that new in cryptocurrency. I advise anyone holding Altcoins to stay strong and have some resistance, it's a sure that the crypto market will soon recover after this war ends. We hope the war come to an end soon because we all need peace.

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February 27, 2022, 01:08:37 PM
 #84

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

Most of us are hurt by the current market, but if you can hold why not. I consider this normal and I have failed moves like that already for how many times. I sold some of my top 10 alts because the market was not okay. I was tempted but in the end regretted the decision, because if I have waited just for a month things would go different and I could've earn bigger rather than cut my loses. It saddens me and now this time around I won't make that mistakes anymore. If the market crashes, so be it. Even my mined eth is still on the pool, I did not withdrew and will wait even for a year or two. That is the resolve I have now because in the end, the risk takers are those who have bright futures ahead. Good luck to all of us.
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February 27, 2022, 03:31:03 PM
 #85

Seeing the price skyrocketing after a long time of red certainly makes us tempted to sell, usually I sell coins that have large quantities but are cheap like meme coins, the best thing is to sell the equivalent when buying so that when the market is red again then we don't regret it.


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February 27, 2022, 04:22:59 PM
 #86

Seeing the price skyrocketing after a long time of red certainly makes us tempted to sell, usually I sell coins that have large quantities but are cheap like meme coins, the best thing is to sell the equivalent when buying so that when the market is red again then we don't regret it.
You will have to eventually cave in and realize that crypto market is filled with people who are willing to sell when it is down. You may look at the market and say "why would anyone sell when it is so cheap, it is even better to buy right when at cheap prices and wait for it to go up, buy low, sell high!" and you would be right. However, when have you ever seen people make right decisions when it comes to money?

There are more people making financially bad decisions every single day instead of making good decisions. The ones that make good decisions end up with a ton of money in return and I would guess that it is not even that hard, they just save a lot, live frugally and put all of that into investments that are assets and not liabilities, and in return they get rich over course of many years, that is quite simple road map but very hard to follow for many people.

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February 27, 2022, 04:42:38 PM
 #87


Not all altcoins will be able to survive during the fall of the market. That is why it is necessary to check the development of the project to evaluate its potential.
Only the best projects will be able to survive.
Fall of the market is a good time to buy altcoins for the best price to have the maximum profit from investment.

Investing in altcoins gives better returns than bitcoin, but as the market crash lingers, altcoins are easy to get eliminated. Looking at the top coins on coinmarketcap over the years, we can see that they change continuously over time. Old projects still exist but are mostly outdated and left behind, so be careful in choosing projects to invest in during bear markets.

top coins 2017



top coins 2022

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February 27, 2022, 04:53:56 PM
 #88

Actually this current situation need strong resistance in order to stay strong, this because this current market situation will discourage many people that new in cryptocurrency. I advise anyone holding Altcoins to stay strong and have some resistance, it's a sure that the crypto market will soon recover after this war ends. We hope the war come to an end soon because we all need peace.
Seems like rate hikes also can affect on the price of the alts+BTC. Lets see what FEDs going to in mid of march.If they go for 50BPM rate hike we might see another dump to 30K resistance level and if we keep seeing they are increasing rates in May, might because of this bearish market will be little longer than we think.

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February 27, 2022, 05:42:01 PM
 #89

In this situation it maybe difficult to predict whether it will continue to fall and lose momentum to sell, or will it go up and when you sell all your assets you will lose more than before. We maybe in a bear market that many experts will last a long time predict it but anything can happen quickly.

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February 27, 2022, 07:12:38 PM
 #90

Quote
Actually this current situation need strong resistance in order to stay strong, this because this current market situation will discourage many people that new in cryptocurrency. I advise anyone holding Altcoins to stay strong and have some resistance, it's a sure that the crypto market will soon recover after this war ends. We hope the war come to an end soon because we all need peace.

Yes, only those that exercise patient with the current crypto market conditions will enjoy the benefits of altcoins soon in the community. Remain calm and be strong with your holding, since the altcoin price is about to improve for those that experienced losses during the month of December and January will use this opportunity to recover their profits. According to some researchers, Crypto market will start bumping from tomorrow till the end of this year 2022, for long term and short term investors to start earning something good from their investment. Bitcoin and altcoins price are about to rise again, since other countries are ready to end the war between Russian and Ukraine, so that it will not collapse their economy than to bring peace and love among the two countries.



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February 27, 2022, 11:19:19 PM
 #91

The market looks indeed very grim, after all we’ve already having such a big bullrun so bearish is really being expected here, I never seen any market that could always having bullrun and never stops.
and right now the condition of the market getting worsened by the fact that we are having so many problems regarding geopolitics that has recently arise.
it’s like cryptocurrency is being tested from left and right, good thing the market still going rather strong and could recover from the frequent market correction, even still holding the value and price of 40k for bitcoin is already such a feat in itself.

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February 27, 2022, 11:44:32 PM
 #92

A difficult situation which we all feel the same way. But now is not the right time to sell altcoins because we know the current market situation and it is not possible to sell them if we don't want to make a loss. but my advice, don't be too hasty in making a decision to sell it, you've waited long enough and if you sell it at a time like this then what you've been waiting for all this time is in vain. it's not easy to be in the current situation but we have to decide exactly what to do and what not to do so that the strategy that we take to deal with this crypto market is clear.

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February 28, 2022, 04:37:28 AM
 #93

lately the market has been falling and this decline made a lot of people sad and I also thought about cutting losses but I didn't do that because if I sell now it means I lose
so what should be done in my opinion is to hold on and don't panic too much.
The market is in a downtrend, most of the Altcoins asset holders have dropped significantly. When the market is crashing is not a wise time to sell, we will lose only by selling them. In my opinion, I will continue to hold and wait for the green market to return. I won't sell them until I hit my target it will probably take a long time but I will wait.



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February 28, 2022, 12:11:34 PM
 #94

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

I don't think this is the right time to sell altcoins that are filled in wallets anymore. I myself for a time like this are more confident to hold it, the estimated diminishing assets in the wallet does not make me think of selling, because it will lose everything if the future altcoin price continues to improve. This is the principle I hold the altcoins I own

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February 28, 2022, 12:22:50 PM
 #95

Crypto winter is coming, even vitalik buterin confirmed this, I've sold most of my altcoins in Nov/Dec 2021 because i have understood how crypto works every market works seasonally and there is nothing that can stop bear market, if you are still in profit right now I suggest you start changing them to stable coin.
I agree that that is one of the points, "If you are still in profit" and also for me, it depends on what Alts you are holding. If you believe and have a bit of assurance that these Altcoins are good to bounce back, I'd suggest you continue hodling still the market recover cos you might sell now nd the market rebounds hard but if these Alts were initially for higher risk profits, then cut your loss cos some might not make it back if the market happens to go way lower.
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March 01, 2022, 10:33:55 AM
 #96



Cryptocurrency market started to restore again. It is better not to hurry and not to sell altcoins.
Bitcoin continues to rise, soon all cryptocurrency market will restore.
Now the situation in the world is very unstable and many people prefer to use cryptocurrency.

Last month I was ready to cut my losses on altcoins because the market continues to drop, but I hold back and now the market is getting better it may have something to do about what's going on in the Ukraine - Russia war, people from these two countries are buying Cryptocurrency because the currency of both countries is going down, especially on Russia, now that SWIFT payment system has ban Russia, I believe we are not yet in bull there's still uncertainty.
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March 01, 2022, 11:19:16 AM
 #97

Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.

If you lost 60% of your portfolio in dollars, that must mean you either invested in real shitcoins or pretty much at the peak of the rally. Both are bad. And unfortunately, that's how it is for many who got caught up in the fomo and were still investing when many experienced investors had already secured their profits long ago. I can only advise you to wait until a bottom is reached. At the moment, there are too many crises, whether Russia-Ukraine or monetary policy. After that, I would get back in and try to make up for the losses. But you must not forget that 60% loss means that you have to make about 120% profits to make up for this loss.

Though I sold and buy back when it was deeper so I tried to make back little profit before the market bounce back. I just used smart techniques to cover up some of my lose alongside the the down trends.

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March 01, 2022, 11:22:42 AM
 #98

Though I sold and buy back when it was deeper so I tried to make back little profit before the market bounce back. I just used smart techniques to cover up some of my lose alongside the the down trends.

But this rarely works, because you almost never manage to catch the lows at the right time and most of the time it goes wrong. Besides that, there is rarely much left over after taxes for such short-term trades, so long-term hodln is still the best option imho.
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March 01, 2022, 05:08:01 PM
 #99

If you continue to hold the assets that you have at the time, your assets have experienced a very high increase because the market movement since the beginning of March has shown a positive signal and the price is likely to continue to increase until the end of the year. this week so that you can adjust the return from the portfolio that you still keep at this time if you haven't had time to sell it because of the big loss at that time.

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March 02, 2022, 11:00:48 PM
 #100

...

Our world is in a great disaster. The Covid virus has caused businesses to close. When the businesses closed, production and product transfers stopped. In this case, the market lost its equilibrium and there were price increases. Cryptocurrencies were overvalued during this period. A slight decrease in prices should be considered normal. In addition, the crisis between Russia and Ukraine negatively affected all world markets. The only winner of wartimes is gold. Only gold was valued during this period. We are in a rather complicated period. It's really hard to follow what's going on.

Darbeciler emperyalistlerin işbirlikçileridir...
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March 02, 2022, 11:22:41 PM
 #101

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
why with such a situation you are still tempted to give up your assets?. I think conditions like that are a very bad time to sell assets. Therefore, in my opinion, it is better for you to keep it in your wallet for a long time until normal conditions return and do not harm you. holding in a wallet is a solution that can be offered under such conditions

Usually only newbies who lack knowledge and do not have experience make the decision to sell their assets, when they saw their assets drop
very far. That's because they panic and fear losing all the assets they have. In fact, if we study crypto properly, there is no need to worry when
we see our asset estimates decline. Moreover, the assets we have are potential coins, so no matter how deep the market goes down, it will
definitely recover. This is why it is important to first learn about the crypto world before deciding to invest in crypto. In order to at least understand
how crypto works, so we can be more patient when we know our assets are going down.

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March 02, 2022, 11:50:00 PM
 #102

only unexperienced traders gonna be selling their cryptocurrency posession amid the bearish market because it’s essentially going against the investing and trading principle for basically buying low and selling high.
it seems you are lacking the strategy and vision of your investment, therefore could make you lose your purpose of investing along the way in the middle of bearish market because i know wanting selling your asset because it seems
the market gonna be crumbling is humane but always remember that the veteran holders out there are accumulating more and more because they knew the bearish market have an end eventually. The market proves that if it can be even stronger during the bad condition in the world and crypto gives those alternative investment or store of value for their assets. This can be said that if selling altcoins are the worst step in this time.

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March 03, 2022, 01:03:36 AM
 #103

In this situation it maybe difficult to predict whether it will continue to fall and lose momentum to sell, or will it go up and when you sell all your assets you will lose more than before. We maybe in a bear market that many experts will last a long time predict it but anything can happen quickly.
true, in a situation like this many people are confused between selling or holding because the current market conditions are very difficult to predict. many people say that the bear market that occurred was also caused by the conflict that occurred in ukraine and until now the conditions in ukraine are still unclear. but on the other hand the last few days there has been a fairly high price increase but no one knows whether the price increase is a sign that the bear market is over or just a temporary price increase.

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March 03, 2022, 03:38:03 AM
 #104

In this situation it maybe difficult to predict whether it will continue to fall and lose momentum to sell, or will it go up and when you sell all your assets you will lose more than before. We maybe in a bear market that many experts will last a long time predict it but anything can happen quickly.
true, in a situation like this many people are confused between selling or holding because the current market conditions are very difficult to predict. many people say that the bear market that occurred was also caused by the conflict that occurred in ukraine and until now the conditions in ukraine are still unclear. but on the other hand the last few days there has been a fairly high price increase but no one knows whether the price increase is a sign that the bear market is over or just a temporary price increase.

The conflict in Ukraine and also the pressure received by Russia from western countries makes the current market conditions quite difficult to predict, the price increases that have occurred in the last few days, I think the impact of the decline in the value of the ruble due  American sanctions on Russia, so that Russian citizens are busy buy bitcoins to secure their wealth, but if the war continues it will certainly affect the price in the market again so this makes me a little hesitant to enter the market today, and prefer to wait for the geopolitical conditions between ukraine and russia to subside a bit.

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diminizio
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March 03, 2022, 04:04:14 AM
 #105

Hello mate
Do we currently calls the market situation the bear or what?

I think initially we entered a bear market from December 2021 until now.
However, if I look more closely, bitcoin has stabilized and stopped moving at $44k, making some altcoins go up.
there are two market possibilities at the moment, if the bear market has subsided or
the market is indeed trying to grow better (but it won't be a sudden bull run).
I can't say for sure what condition we are in, but the most important thing for those of us who
trade here is to try our best to stay profitable by entering at the right time and leaving at the right time.

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Yacht_X_Coin
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March 03, 2022, 01:45:43 PM
 #106


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Bitcoin rise because the economic situation in the world is unstable and people prefer to buy cryptocurrency.
More and more people prefer to use cryptocurrency and make investments in cryptocurrency.
A lot of new projects appear. So investors now have a big choice.

All altcoins are different. A lot of depends on practical use of cryptocurrency.
It is very important to check everything about projects to evaluate its prospects in future not to lose money on investment.
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March 03, 2022, 01:51:23 PM
 #107

In this situation it maybe difficult to predict whether it will continue to fall and lose momentum to sell, or will it go up and when you sell all your assets you will lose more than before. We maybe in a bear market that many experts will last a long time predict it but anything can happen quickly.
true, in a situation like this many people are confused between selling or holding because the current market conditions are very difficult to predict. many people say that the bear market that occurred was also caused by the conflict that occurred in ukraine and until now the conditions in ukraine are still unclear. but on the other hand the last few days there has been a fairly high price increase but no one knows whether the price increase is a sign that the bear market is over or just a temporary price increase.

The conflict in Ukraine and also the pressure received by Russia from western countries makes the current market conditions quite difficult to predict, the price increases that have occurred in the last few days, I think the impact of the decline in the value of the ruble due  American sanctions on Russia, so that Russian citizens are busy buy bitcoins to secure their wealth, but if the war continues it will certainly affect the price in the market again so this makes me a little hesitant to enter the market today, and prefer to wait for the geopolitical conditions between ukraine and russia to subside a bit.
Yes, indirectly, indeed, with the war, the market is really unstable and we will not know what will happen in the future,
if it's true that the war will continue and last a long time then it will present a greater risk,
hopefully in the near future there will be good news about both sides between Russia and Ukraine to end this war

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March 03, 2022, 05:58:56 PM
 #108

Do not sell Altcoins that you hold. continue to hold until the market situation changes. During this time the market tends to have a rapid reversal due to several things that are happening right now , such as the war which has an impact on traders' concerns, my portfolio has also become negative lately as you are experiencing.  but if we hold altcoins with strong fundamentals I don't think there is anything to worry about, it's time to hope that the war between russia and ukraine will stop and the market situation will become bullish immediately.
What the OP sees is already green, now if he wait for a change, the green that he see can turn to red. For me, a 60% increase is already a lot and he should sell now or he would regret it. We don't know if when the market will return again once it goes to the bottom but I think it will take a long time.

Wars have bring a negative impact to some things but maybe not in crypto but this war makes the crypto even more popular. Sometimes being tempted can also be a good decision especially if we are more on profit but being tempted only becomes bad if your profit is too low yet or if your already at a loss and wants to stop the further loss.
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March 03, 2022, 06:24:06 PM
 #109

I almost did the same as well as I was losing money. I later decides to be calm about it as I believe in the projects are I  am invested in. There is popular sayings that says, you never lose until you sell. What that means is that positioning is very important, you don't get out of important price position just because of market volatility. When the bull market comes, if you are out of position, you will lose out!

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March 03, 2022, 06:35:48 PM
 #110

Hello mate
Do we currently calls the market situation the bear or what?

I think initially we entered a bear market from December 2021 until now.
However, if I look more closely, bitcoin has stabilized and stopped moving at $44k, making some altcoins go up.
there are two market possibilities at the moment, if the bear market has subsided or
the market is indeed trying to grow better (but it won't be a sudden bull run).
I can't say for sure what condition we are in, but the most important thing for those of us who
trade here is to try our best to stay profitable by entering at the right time and leaving at the right time.

And that's not an easy task. Timing is very important and those who have better experience have a good edge from newcomers. The market is unpredictable and even we have seen a good market rise eventually that will be replaced by another fall. It's you as the investor/trader who needs to create your own direction while working in this kind of market.

Anticipate and make sure to have a concrete plan before you jump in to any possible decision making. It's tough, but it's beneficial
not to rush things up, but instead, do your research to enhance your chance.

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March 03, 2022, 07:54:45 PM
 #111

Hello mate
Do we currently calls the market situation the bear or what?

I think initially we entered a bear market from December 2021 until now.
However, if I look more closely, bitcoin has stabilized and stopped moving at $44k, making some altcoins go up.
there are two market possibilities at the moment, if the bear market has subsided or
the market is indeed trying to grow better (but it won't be a sudden bull run).
I can't say for sure what condition we are in, but the most important thing for those of us who
trade here is to try our best to stay profitable by entering at the right time and leaving at the right time.

And that's not an easy task. Timing is very important and those who have better experience have a good edge from newcomers. The market is unpredictable and even we have seen a good market rise eventually that will be replaced by another fall. It's you as the investor/trader who needs to create your own direction while working in this kind of market.

Anticipate and make sure to have a concrete plan before you jump in to any possible decision making. It's tough, but it's beneficial
not to rush things up, but instead, do your research to enhance your chance.
Selling off your altcoins is as good as clearing your portfolio with less valuable coins, and you have to decide that on your own. There's always a right timing to do that and if you think now is the right time to sell due to market uncertainties, then go on but don't forget to buy back those promising coins like bitcoin and ethereum as they have more potentials to give you excellent profits in the future. Focus on the future of your investments as you are not investing only for short term but throughout its long term duration.
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March 03, 2022, 07:57:18 PM
 #112

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Why would sell on loss?

This simply could be answered with these questions?
Are you in need of money? If YES, then sell it out , If NO then better hold it off.

You wouldnt know on when those pumps would happen but this would really be needing off that extreme patience of yours.Keep holding specially you do have
BTC and BNB which is known to be one of the best coins in the market and wouldnt really be having any doubts.

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March 03, 2022, 09:04:24 PM
 #113

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Why would sell on loss?

This simply could be answered with these questions?
Are you in need of money? If YES, then sell it out , If NO then better hold it off.

You wouldnt know on when those pumps would happen but this would really be needing off that extreme patience of yours.Keep holding specially you do have
BTC and BNB which is known to be one of the best coins in the market and wouldnt really be having any doubts.
Selling off maybe part of your strategy but make sure you know the right timing to sell. Sell them not to create losses but profits. However, if you think that their value have been constant for years and have stayed in a low value, i guess selling off is not that bad provided that you'll buy back good and potential coins. The market is still moving in a correction so we should always be responsible whatever moves we intend to do.

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March 03, 2022, 09:05:58 PM
 #114

The conflict in Ukraine and also the pressure received by Russia from western countries makes the current market conditions quite difficult to predict, the price increases that have occurred in the last few days, I think the impact of the decline in the value of the ruble due  American sanctions on Russia, so that Russian citizens are busy buy bitcoins to secure their wealth, but if the war continues it will certainly affect the price in the market again so this makes me a little hesitant to enter the market today, and prefer to wait for the geopolitical conditions between ukraine and russia to subside a bit.
Yes, indirectly, indeed, with the war, the market is really unstable and we will not know what will happen in the future,
if it's true that the war will continue and last a long time then it will present a greater risk,
hopefully in the near future there will be good news about both sides between Russia and Ukraine to end this war
If the war continues for a long time, that means more sanctions for Russians and that means worse economical conditions for the everyday Russians. The whole economy may or may not get impacted, but individuals will definitely have a bad time, even if they are wealthy. We saw the results with more and more Russians buying crypto as well and that is very important for our future.

So, if the war continues then we are going to see crypto prices soaring a lot more. I believe that even if the war ends, we are going to see a lot better results for sure. That's the type of deal we have in crypto, we are going up one way or another unless manipulation happens.
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March 03, 2022, 11:02:15 PM
 #115

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

Honestly without knowing which coins it will be tough to Guage what you should do.  Some alts are worth holding.  But I'd say for the most part we are sliding into a bear market and alts haven't been stripped down down.  They taken some falls sure since November but the bottom definitely isn't in.  The economies effects haven't hit the crypto yet but once housing starts diving things will start to spiral and people will be forced to exit positions in frivolous altcoins to cover real world stuff.  I wouldn't hold too much.

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March 04, 2022, 08:27:47 AM
 #116

The market has been in dire straits for several months now due to the BTC dump but in the current scenario it has moved upwards for some time.  In this situation it is seen that there is a possibility of dumping again so by selling some tokens in the next case when the market will be in a down position.
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March 04, 2022, 08:52:25 AM
 #117

The market has been in dire straits for several months now due to the BTC dump but in the current scenario it has moved upwards for some time.  In this situation it is seen that there is a possibility of dumping again so by selling some tokens in the next case when the market will be in a down position.
Now the market is in a dump again even though it is not too big and if you think about selling some of the existing assets, I think it is very wrong because selling in a dump position is a detrimental thing and is not a real target for everyone in the space crypto now

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March 04, 2022, 10:18:39 AM
 #118

I understand that feeling when you look at your wallet only find that all of your asset have done -90%. There's that temptation to sell off, but of course that will be a very wrong decision.

-90% loss means you have invested into very bad projects, some also call such projects shitcoins, and it means you did not do your job to do research about the project you invested in. Compared to Bitcoin or Ethereum, which is currently only around 40% away from the all-time high, 90% loss means the coin is almost worthless.
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March 04, 2022, 11:46:53 AM
 #119


Usually only newbies who lack knowledge and do not have experience make the decision to sell their assets, when they saw their assets drop
very far. That's because they panic and fear losing all the assets they have. In fact, if we study crypto properly, there is no need to worry when
we see our asset estimates decline. Moreover, the assets we have are potential coins, so no matter how deep the market goes down, it will
definitely recover. This is why it is important to first learn about the crypto world before deciding to invest in crypto. In order to at least understand
how crypto works, so we can be more patient when we know our assets are going down.

Most at time it is very hard to endure the situation out there, seeing that your asset is going down day by day without increased or multiplications so as a holder you will be threaten to sell to secure your funds but what i did you was to trade with it and have little increase on the volume of my asset.

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March 04, 2022, 12:11:50 PM
 #120

~snip~

Most at time it is very hard to endure the situation out there, seeing that your asset is going down day by day without increased or multiplications so as a holder you will be threaten to sell to secure your funds but what i did you was to trade with it and have little increase on the volume of my asset.

That's quite inevitable, I mean who doesn't worry when your portfolio is down 60%. This is the reason why you need to have your due diligence before putting your money into something.
The worst thing to do during correction is selling to cut further losses even if it means you're not actually profiting from it.
It is very important to research those coins you have invested If it has a potential recovery or not. Look at the historical data, charts, and fundamentals.
You have mentioned most of your coins is composed with BTC and BNB. Well, that means you don't need nothing to worry, don't sell it otherwise you'll regret.

R


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March 04, 2022, 12:13:18 PM
 #121

Neither Bear nor Bull the market is moving sideways or we can say correction phase. The market is quite messy and honestly speaking it is hard to decide where the market will move in the coming days. Most of the holders are running in loss if they sell off at the current price. Altcoins are more bleeding than BTC. I would say keep your coins as it is that would be the best option in the current market.  

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March 04, 2022, 12:22:26 PM
 #122

Neither Bear nor Bull the market is moving sideways or we can say correction phase. The market is quite messy and honestly speaking it is hard to decide where the market will move in the coming days. Most of the holders are running in loss if they sell off at the current price. Altcoins are more bleeding than BTC. I would say keep your coins as it is that would be the best option in the current market.  
Just trust the process, the market is now bearish because it has to correct, and the more it will stay stable, the better because it could be the end of correction, and sooner we will see a bull run again. If you are tempted to sell that is not on your plan, then you made the wrong decision because most likely you just panic.

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March 04, 2022, 12:22:40 PM
 #123


Usually only newbies who lack knowledge and do not have experience make the decision to sell their assets, when they saw their assets drop
very far. That's because they panic and fear losing all the assets they have. In fact, if we study crypto properly, there is no need to worry when
we see our asset estimates decline. Moreover, the assets we have are potential coins, so no matter how deep the market goes down, it will
definitely recover. This is why it is important to first learn about the crypto world before deciding to invest in crypto. In order to at least understand
how crypto works, so we can be more patient when we know our assets are going down.

Most at time it is very hard to endure the situation out there, seeing that your asset is going down day by day without increased or multiplications so as a holder you will be threaten to sell to secure your funds but what i did you was to trade with it and have little increase on the volume of my asset.
When there is a significant decline, beginners will usually panic and doubt whether to keep the altcoin or sell it at a low price, usually if the altcoin held continues to decline some people will definitely do a Cut Loss to avoid bigger losses and that's why choosing the right altcoin investing is the main reason we need to do before investing, doing research before investing is what we need to do to avoid altcoins that are indeed free-falling in the market without the possibility of price strengthening again.

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March 04, 2022, 12:49:45 PM
 #124


Usually only newbies who lack knowledge and do not have experience make the decision to sell their assets, when they saw their assets drop
very far. That's because they panic and fear losing all the assets they have. In fact, if we study crypto properly, there is no need to worry when
we see our asset estimates decline. Moreover, the assets we have are potential coins, so no matter how deep the market goes down, it will
definitely recover. This is why it is important to first learn about the crypto world before deciding to invest in crypto. In order to at least understand
how crypto works, so we can be more patient when we know our assets are going down.

Most at time it is very hard to endure the situation out there, seeing that your asset is going down day by day without increased or multiplications so as a holder you will be threaten to sell to secure your funds but what i did you was to trade with it and have little increase on the volume of my asset.
When there is a significant decline, beginners will usually panic and doubt whether to keep the altcoin or sell it at a low price, usually if the altcoin held continues to decline some people will definitely do a Cut Loss to avoid bigger losses and that's why choosing the right altcoin investing is the main reason we need to do before investing, doing research before investing is what we need to do to avoid altcoins that are indeed free-falling in the market without the possibility of price strengthening again.


There's was a saying that you buy when others are in panic mode, that means you have the opportunity to buy an undervalued price because the weak hands panic, and these are the people who bought during the bull run or those who bought at peak not thinking of a price correction.

R


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March 04, 2022, 01:08:27 PM
 #125

~snip~

Most at time it is very hard to endure the situation out there, seeing that your asset is going down day by day without increased or multiplications so as a holder you will be threaten to sell to secure your funds but what i did you was to trade with it and have little increase on the volume of my asset.

That's quite inevitable, I mean who doesn't worry when your portfolio is down 60%. This is the reason why you need to have your due diligence before putting your money into something.
The worst thing to do during correction is selling to cut further losses even if it means you're not actually profiting from it.
It is very important to research those coins you have invested If it has a potential recovery or not. Look at the historical data, charts, and fundamentals.
You have mentioned most of your coins is composed with BTC and BNB. Well, that means you don't need nothing to worry, don't sell it otherwise you'll regret.
He got too emotional upon seeing his portfolio turn down as he expect a profit, not this loss. I was into such feelings before but to know what, we just end up blaming ourselves and in regrets. If we decide to sell, it means that we are aware of what really happens after. Selling during corrections is not a good option to take but yeah, we sometimes do it for some reason and one is to save from losing more. But, if we believe that our invested coins will grow, holding is what we are supposed to do and this becomes a common mistake by many. They mostly decide base of their emotions.

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March 04, 2022, 06:56:15 PM
 #126

Neither Bear nor Bull the market is moving sideways or we can say correction phase. The market is quite messy and honestly speaking it is hard to decide where the market will move in the coming days. Most of the holders are running in loss if they sell off at the current price. Altcoins are more bleeding than BTC. I would say keep your coins as it is that would be the best option in the current market.  
Just trust the process, the market is now bearish because it has to correct, and the more it will stay stable, the better because it could be the end of correction, and sooner we will see a bull run again. If you are tempted to sell that is not on your plan, then you made the wrong decision because most likely you just panic.

True, if you have been move because of fear, that's not healthy in this kind of investment where sways and heavy fluctuations really hurting the butt of weak holders, the current market is not for those who don't have concrete plans before they enter this market. You will only see yourself losing money each time the market is not favoring your position.

It's important to conduct research and not just blindly follow your emotions, but to be more on realistic targets. Tongue Roll Eyes

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March 04, 2022, 07:40:45 PM
 #127

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
if you are still experiencing losses then never sell the assets you have, hold your assets until the market is bullish again. not only you who experienced a drastic decline in the value of your deposit assets, I also experienced that but I never intended to sell them, instead I bought more during a bear market because I believe in the future the market will be bullish again and I will make gain.

R


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Sanitough
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March 04, 2022, 08:56:22 PM
 #128

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
if you are still experiencing losses then never sell the assets you have, hold your assets until the market is bullish again. not only you who experienced a drastic decline in the value of your deposit assets, I also experienced that but I never intended to sell them, instead I bought more during a bear market because I believe in the future the market will be bullish again and I will make gain.
No one should sell in times of a bear market. The best time to sell is when we see prices are in peaks. Maybe you could be more patient in hodling of your altcoins because some of them will really have the chance to grow their value once a new ATH is reached. For now, focus more on buying bitcoin as well as potential altcoins because prices have dropped again which are giving us another opportunity to buy while their prices are now cheap.
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March 04, 2022, 09:34:04 PM
 #129


Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.
Currently i will say Bitcoin is at a constant Flux, saying Bitcoin you don't know if bitcoin is in bear market or bullish market, i will say you are partially right because bitcoin fluctuations is not determine for values, i observe that some people during this time they are not sure of the the speculation of cryptocurrency that is why some people panic during the time of bearish market
That is why we need to be more versatile as the market moves in a very unpredictable direction. But if we respond with emotions, that surely makes us panic and can make decisions wrong. That is why we should be calm always and keep control of our emotions as this is the only way to help us otherwise we got to fall into panic selling every time we saw the market decline.

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juanda
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March 04, 2022, 09:49:12 PM
 #130

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

I think if you have sold it some time ago then I am sure that you will regret it now and later. because it is getting better and better for the current growth of altcoins. and my advice do not make decisions quickly because it can harm yourself. because currently market conditions are moving better although not all altcoins. but believe me everything will improve again in the future.

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March 06, 2022, 01:28:33 AM
 #131

It is that the Altcoin can be sold, many traders show that when they buy an altcoin with a profit of 30 or 40% they are satisfied, of course if the currency continues to grow, it is another case, it is up to the discretion of each person if He continues to keep it in Hodl mode, now well, I have many friends who, when they see that their currency reaches 20%, leave, and it is not seen as an error, it is something that they have already managed, they usually have the sell orders ready in the exchanges so that they run on their own, so it's not bad to sell, because everything depends on the plan.

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Yacht_X_Coin
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March 06, 2022, 10:27:40 AM
 #132

[

After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Cryptocurrency industry is actively developing and new projects appear every day.
Some of the projects are useful and very prospective.
It will be possible to earn money on such projects. That is why cryptocurrency attracts a lot of people.

There are a lot of good crytpocurrency projects. But among cryptocurrency projects there are a lot of scams too.
That is why it is important to check everything before investing not to invest money in scams.
Scams usually offer a better investment conditions and high profit.
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March 06, 2022, 11:03:01 AM
 #133

Market conditions are sometimes difficult to predict. but one thing we need to do now, is to wait for the right moment to sell the coins we have, no matter how long it takes to get to the price we want. because if we sell at the current price, we will definitely experience a loss

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March 08, 2022, 12:00:27 PM
 #134


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Cryptocurrency industry is actively developing and new projects appear every day.
Some of the projects are useful and very prospective.
It will be possible to earn money on such projects. That is why cryptocurrency attracts a lot of people.

Cryptocurrency continue to be very unpredictable.
But cryptocurrency gives people many different opportunities and many people understand how useful is cryptocurrency.
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March 08, 2022, 08:24:53 PM
 #135

It is that the Altcoin can be sold, many traders show that when they buy an altcoin with a profit of 30 or 40% they are satisfied, of course if the currency continues to grow, it is another case, it is up to the discretion of each person if He continues to keep it in Hodl mode, now well, I have many friends who, when they see that their currency reaches 20%, leave, and it is not seen as an error, it is something that they have already managed, they usually have the sell orders ready in the exchanges so that they run on their own, so it's not bad to sell, because everything depends on the plan.

Very correct. Some Altcoins are not for the long HODL and you should always have a sell target when you buy some ALts that you are not planning to hodl for long that's why some trader have their gain target and set their sell price however, some don't understand this or maybe they are greedy.
Since this market couldnt really give out any assurances then you would really be having those kind of doubts whether you do sell on a particular point or would hold even further because we arent that blind to see

those people who do become millionaires on just by simply holding but of course it would really be mixing out some sort of luck when it comes to crypto investment because not all projects would really be that having that kind of potential which could raise up its value into those high multipliers which means it would really be still a gamble because majority of projects do plummet their value afterwards which means that you had
missed out those opportunity to earn big.

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March 09, 2022, 08:32:35 AM
 #136

It is that the Altcoin can be sold, many traders show that when they buy an altcoin with a profit of 30 or 40% they are satisfied, of course if the currency continues to grow, it is another case, it is up to the discretion of each person if He continues to keep it in Hodl mode, now well, I have many friends who, when they see that their currency reaches 20%, leave, and it is not seen as an error, it is something that they have already managed, they usually have the sell orders ready in the exchanges so that they run on their own, so it's not bad to sell, because everything depends on the plan.


You know most time seeing yourself run at a lose of 40 to 60% of your asset worth dollars worth to be panicking by a novice or an amateur. Though i devised a means to manager the current situation and it really helped me alot, now setting a trade in the exchanger all depends whether he or she is holding their asset on exchange (CEX) for him to easily set trade ready to trigger and at this point none have nothing to lose.

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March 09, 2022, 09:52:14 AM
 #137

It is that the Altcoin can be sold, many traders show that when they buy an altcoin with a profit of 30 or 40% they are satisfied, of course if the currency continues to grow, it is another case, it is up to the discretion of each person if He continues to keep it in Hodl mode, now well, I have many friends who, when they see that their currency reaches 20%, leave, and it is not seen as an error, it is something that they have already managed, they usually have the sell orders ready in the exchanges so that they run on their own, so it's not bad to sell, because everything depends on the plan.

Very correct. Some Altcoins are not for the long HODL and you should always have a sell target when you buy some ALts that you are not planning to hodl for long that's why some trader have their gain target and set their sell price however, some don't understand this or maybe they are greedy.
That's why it's important to understand everything related to trading because in trading we don't just buy and sell coins but how we set strategies, manage risk and much more,
greed can make us lose money and many newbie traders do not know about it,
the importance of learning before entering into crypto trading

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March 09, 2022, 05:19:54 PM
 #138

It is that the Altcoin can be sold, many traders show that when they buy an altcoin with a profit of 30 or 40% they are satisfied, of course if the currency continues to grow, it is another case, it is up to the discretion of each person if He continues to keep it in Hodl mode, now well, I have many friends who, when they see that their currency reaches 20%, leave, and it is not seen as an error, it is something that they have already managed, they usually have the sell orders ready in the exchanges so that they run on their own, so it's not bad to sell, because everything depends on the plan.

Very correct. Some Altcoins are not for the long HODL and you should always have a sell target when you buy some ALts that you are not planning to hodl for long that's why some trader have their gain target and set their sell price however, some don't understand this or maybe they are greedy.

I agree with you, we should have a target when holding Altcoins, don't sell it if you still lose, or else you will never get recover. The only need is perfect timing to sell on your target price. and don't be greedy always.
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March 09, 2022, 05:36:15 PM
 #139

I understand your point, but in some project you must have trust and don't sell them at first price drop, do research for project and see how going. For example eth,LTC,Refi,ENGN are project that i have trust and don't sell them, believe that good days are yet to come Cheesy
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March 09, 2022, 05:58:11 PM
 #140

Individuals are getting terrified to see the market and afterward they are doing unloading to their resources as a piece of their arrangement when the conflict will occur and to be straightforward this might turn into a drawn out venture with the negative market however for me this is the best opportunity to purchase from the market. never know when a market makes a rebound and from my own experience I realize that I feel more stressed after I sell on a misfortune than I feel when I keep my Cryptocurrencies and clutch them.


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RealMalatesta
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March 09, 2022, 08:22:41 PM
 #141

The market is following the current trend, which is the impact of the war in ukraine and russia the market is very difficult to predict sometimes it looks like it jumps all the way up and suddenly drops so deep, situations like this make me pull over and wait for the bears, to take the opportunity to buy and hold
People who make the most money are the people who get in during the worst times. War could be the main reason why we are lower right now, but that doesn't change the fact that we can't make a profit from it. The prices are down because the world is going through a rough period and that is sad for humanity. However, if you only care about money then this is a great period and you should be happy about it.

I personally feel like there are so many chances you could make money right now. Buy, into dozens of good projects that are working very hard to make some money and in the end I am pretty sure that a year later the war will not be around and during a bull market all the things I bought today, will make me richer.
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March 09, 2022, 08:45:59 PM
 #142

My asset have lost over 85% and some 98%. I just can't afford to sell at loss, I rather build other project than to sell in complete loss, I understand it could go dipper down but the risk of selling and forgetting to buy back is there. My cake went from $40 to thus current price, sold some at $9 and $10.
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March 10, 2022, 06:13:41 AM
 #143

My asset have lost over 85% and some 98%. I just can't afford to sell at loss, I rather build other project than to sell in complete loss, I understand it could go dipper down but the risk of selling and forgetting to buy back is there. My cake went from $40 to thus current price, sold some at $9 and $10.

Oh, that's too bad, you don't have a choice just to hold rather than sell, and your asset is very down. hopefully, the market gets recover that's the risk of crypto.
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March 10, 2022, 06:34:03 AM
 #144

Do we currently calls the market situation the bear or what?


True, the current condition we call it a bear market because the market shows the dominance of prices that tend to go down,
take advantage of the bear market to get cheap prices.


I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.
Bitcoin tends to go down the first is because we are in a bear market, the other reason is bitcoin is at overbought point,
some whales prefer to sell their bitcoins to take advantage of vacations during the end of the year to early 2022.
BNB is going down for no definite reason yet, I think they should add some IDO projects in the future to raise BNB price again.
Apart from that, they also have to increase the security for their Binance Smart Chain network because there have been a lot of token attacks on that network.

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March 10, 2022, 08:11:16 AM
 #145

The market cost doesn't uphold you to create a gain when you sell the current resource. 60% of the resources you say are near losing, when you will show restraint for some time longer. Individuals are getting frightened to see the market and afterward they are doing unloading to their resources as a piece of their arrangement when the conflict will occur and to be straightforward this might turn into a drawn out venture with the negative market yet for me this is the best chance to purchase from the market.
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March 11, 2022, 03:38:44 AM
 #146

How did you end up in 60% loss if you are monitoring the market often? If you are holding some legit and worthy altcoins then you don't have to panic this is normal in crypto but if you are holding a shitcoin then sell of all them right now before its value goes to zero. If you want to hold for a long term just always make sure you buy alts which has reputable developers and strong fundamentals, stay away from pump and dump coins.

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March 11, 2022, 06:55:27 AM
 #147

yes some people have already los a few %, but if your goal is longterm maybe this is not a problem and you can hold it longer and this happened to me and now  it's very good to buy when the price low

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March 11, 2022, 07:05:54 AM
 #148

After many years of participating in the market, I prefer to increase the number of coins rather than the number of dollars. If you have been through the previous stages, 2021 is absolutely a great opportunity for many people. Opportunities abound in this market, but I see it getting harder and harder as macroeconomic issues are influencing the market's direction too much.

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March 11, 2022, 07:30:59 AM
 #149

After many years of participating in the market, I prefer to increase the number of coins rather than the number of dollars.

Do you as well know that any amount of token acquired is as likewise reflecting on the Dollar equivalent?
Now i break it down for you to understand..
If you purchased 10BNB @ $501 then, the reflection on the amount which you bought can never be the same with today so you will be tempted and started panicking if you are a novice who just jumped into the market without properly analysis. At this point do you presumed to have acquired more after the variation or you keep holding for the market to get back to feet and yet keep decreasing to $324

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March 11, 2022, 07:45:42 AM
 #150

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
2021 was a bullish year for crypto and many coin did 10x-1000x. Many users taken profit.
2022 is not looking bullish. Only top class project like luna,Avax,Sand,mana can show some bullish line.
I sell out 70% of my portofolio and looking for big dump here



 

 

 

 

 

 


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March 11, 2022, 08:21:40 AM
 #151

It's better to hold it first, sir, at least the number of coins/tokens that we hold is still the same, only the estimates are down. That's right, anyone doesn't want to miss the opportunity to be able to buy coins/tokens at low prices. if i'm not mistaken the corrections that are happening right now are good, so btc enters its sideways period, when btc sideways is in the all time high area there only alt coins move and it looks like April will be a good month if you look at the bitcoin montly return data https://prnt.sc/OxlYqvUm0B3L

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March 11, 2022, 11:31:00 AM
 #152

to predict when the market will recover, it may be difficult to do. if it's like that I think there are two choices, namely holding it very comfortably and patiently, and the other if there is any doubt, then selling some of the assets we have even though we experience losses, in the hope that the market will still go down and we can buy it back and get coins more


The crypto market is very volatile and unpredictable, maybe a wise guess may work sometimes but not all the time. We also have our speculations about the recovery of the market based on the market movement but most of the time speculations didn't take place. Back to the concern of OP, I think if you think you can gain a profit already from your altcoin after you sell it at the present market price then why not but if you still can hold it for a long term and wait for a reasonable price higher than you wanted then it is much better.
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March 11, 2022, 11:46:42 AM
 #153

to predict when the market will recover, it may be difficult to do. if it's like that I think there are two choices, namely holding it very comfortably and patiently, and the other if there is any doubt, then selling some of the assets we have even though we experience losses, in the hope that the market will still go down and we can buy it back and get coins more


The crypto market is very volatile and unpredictable, maybe a wise guess may work sometimes but not all the time. We also have our speculations about the recovery of the market based on the market movement but most of the time speculations didn't take place. Back to the concern of OP, I think if you think you can gain a profit already from your altcoin after you sell it at the present market price then why not but if you still can hold it for a long term and wait for a reasonable price higher than you wanted then it is much better.
In the midst of current conditions it is indeed difficult and we must really follow the movements and developments of the market at all times,
hope in the near future there will be good news about the market and I think everyone is looking forward to that,
Of course, before deciding to keep holding it or not, we have to know about the coins we hold, it's important at least to minimize the risk

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March 11, 2022, 01:12:07 PM
 #154

tempted to sell altcoins as the market is down, my advice to further invest in stable coins like ethereum BNB polygon

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March 11, 2022, 01:33:30 PM
 #155

Depending on the condition of Crypto for me, like the Yag there is a state war that has an effect to the Altcoin market price I prefer to save USDT, BUSD. or bad news that will happen we must be prepared to accept the risks that occur. back to each way of dealing with it?

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March 11, 2022, 02:03:58 PM
 #156


In the midst of current conditions it is indeed difficult and we must really follow the movements and developments of the market at all times,
hope in the near future there will be good news about the market and I think everyone is looking forward to that,
Of course, before deciding to keep holding it or not, we have to know about the coins we hold, it's important at least to minimize the risk
when we have a potential altcoin why should we even think about releasing it? especially for reasons of market conditions. when the market is in bad condition, of course, we can't let go with a loss. perhaps our fear is of a more severe decline. and it is precisely such thoughts that I think will make us panic in making decisions.



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March 11, 2022, 02:04:18 PM
 #157

When we are in a downward trend, it is not easy to predict how far this decline will continue. This trend has been going on for several months, but we don't know if we've come to the end. Many altcoins have lost more than 60-70% relative to their ath levels. I remember we lost a lot more money in previous bear periods, but now everything is different. With the passage of time, a lot has changed about cryptocurrencies, too many investors are here now.
We can see bigger dumps as well, it's very difficult to decide. We don't need many reasons Cheesy

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Lunafox
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March 11, 2022, 04:13:53 PM
 #158


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Fall of the market is a good time to buy altcoins but it is very dangerous time.
Because not all the proejcts will be able to survive during such fall.
It is very important to evaluate the future potential of the project befor investing not to lose money.
It is necessary to check how useful will be project in future.

During the fall of the market only the best projects will be able to survive, that are really interesting to people.
During the rise of the market a lof of new projects appear every day, but not all of them are useful and will be able to survive over the time.
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March 11, 2022, 05:53:19 PM
 #159

How did you end up in 60% loss if you are monitoring the market often? If you are holding some legit and worthy altcoins then you don't have to panic this is normal in crypto but if you are holding a shitcoin then sell of all them right now before its value goes to zero. If you want to hold for a long term just always make sure you buy alts which has reputable developers and strong fundamentals, stay away from the pump and dump coins.
That is why holders are always warned against using the cut-loose method because if you are an experience holder once you see a significant drop in your holdings all you need to do is to check the market history to see. what lead to the drop and if is something you can avoid you just continue holding since you are already in for long-term sake.
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March 11, 2022, 11:48:56 PM
 #160

How did you end up in 60% loss if you are monitoring the market often? If you are holding some legit and worthy altcoins then you don't have to panic this is normal in crypto but if you are holding a shitcoin then sell of all them right now before its value goes to zero. If you want to hold for a long term just always make sure you buy alts which has reputable developers and strong fundamentals, stay away from the pump and dump coins.
That is why holders are always warned against using the cut-loose method because if you are an experience holder once you see a significant drop in your holdings all you need to do is to check the market history to see. what lead to the drop and if is something you can avoid you just continue holding since you are already in for long-term sake.
And if you do trust the asset that you are holding, instead of panicking and selling your coin, you'll be on the side that you

will buy more, thinking that it's giving you more opportunities to earn. Experienced traders have that advantage over newcomers and

weak holders, they are more on long term and they are fully aware of how the market will proceed, unless there's a collapse that

needed action, but before they take any move, they will check and balance all the information.
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March 12, 2022, 09:32:46 AM
 #161

~

Do you as well know that any amount of token acquired is as likewise reflecting on the Dollar equivalent?
Now i break it down for you to understand..
If you purchased 10BNB @ $501 then, the reflection on the amount which you bought can never be the same with today so you will be tempted and started panicking if you are a novice who just jumped into the market without properly analysis. At this point do you presumed to have acquired more after the variation or you keep holding for the market to get back to feet and yet keep decreasing to $324
You are an example of a period without looking at the big picture. Honestly, no one is stupid enough to invest in a fomo period. I didn't start BNB at that price, and don't remember exactly around $10, so the theory you mentioned to me makes no sense. We approach this market in many ways and there is no framework or formula. As long as you are happy with the choice, more assets will only be superfluous if you are not happy with it. 

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March 12, 2022, 04:06:47 PM
 #162

It seems to me that now is not the best time for altcoins.Now it is very important to form a strong portfolio that can survive all the fluctuations in the market. You can purchase only if you have a lot of free funds, and then you need to be careful with the choice.

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March 13, 2022, 04:25:18 PM
 #163


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Now cryptocurrency market very volatile. But volatility of the market allows traders to earn money.
Cryptocurrency offers people a lot of opportunities how to earn money.
But it is necessary to evaluate this oppportunities to invest money in the right coins.

Cryptocurrency market offeres a lot of opportunities but it continues to be very risky.
When some people earn money other lose their money.
That is why it is important to check everything not to lose money on investment.
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March 13, 2022, 05:21:24 PM
 #164


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

During the fall of the market only the best projects will be able to survive, that are really interesting to people.
During the rise of the market a lof of new projects appear every day, but not all of them are useful and will be able to survive over the time.

Now cryptocurrency market very volatile. But volatility of the market allows traders to earn money.
Cryptocurrency offers people a lot of opportunities how to earn money.
But it is necessary to evaluate this oppportunities to invest money in the right coins.

That opportunity is co-exist with high-risk investment, without proper knowledge you can easily lose your money from this market, you have to work harder to investigate with how the market will work and what are the potential of that certain asset that you are holding, without knowing the possibilities you will be more on emotional when market showing big downfall, be very careful with how you react and how you manage to anticipate the next run.

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March 13, 2022, 06:04:04 PM
 #165

That has happened with almost everyone, my portfolio is also in loss about 50%. What was my action? I sold the less potential coins into the high potential. I have bought atom, Juno and Osmo ad they have Bright and there is also another benefit that we can get Airdrop on cosmos, Juno networks. So I am following this strategy to recover my loss.

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March 13, 2022, 07:12:40 PM
 #166

Read some of the replies which are stating it’s just another dip and everything. However I find this is just another dip but it was further extended by Russia Ukraine war out break. Remember that if you had any technical analysis before which plotted the graph to show huge upward direction for the bitcoin then it’s going to be misleading one at this situation.

Our technical analysis do not consider the factual stuff, well not the war as much as I know. So re-structure the whole thing and you may see some valued results ahead. But still we should not hurry as the war can lead to disastrous results ahead.
7788bitcoin
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March 13, 2022, 09:29:16 PM
 #167

It seems to me that now is not the best time for altcoins.Now it is very important to form a strong portfolio that can survive all the fluctuations in the market. You can purchase only if you have a lot of free funds, and then you need to be careful with the choice.
I would wait for the crypto winter and then make my decision on whether to invest and on which project. We already saw majority of the hyped up projects touching their all time high valuation and if you were able to book your profit, then it is good for you as the correction was pretty huge as wall from its all time high and considering we already touched the all time high valuation, i am waiting for the major correction and then make my investment decision.
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March 13, 2022, 10:10:24 PM
 #168

It seems to me that now is not the best time for altcoins.Now it is very important to form a strong portfolio that can survive all the fluctuations in the market. You can purchase only if you have a lot of free funds, and then you need to be careful with the choice.
I would wait for the crypto winter and then make my decision on whether to invest and on which project. We already saw majority of the hyped up projects touching their all time high valuation and if you were able to book your profit, then it is good for you as the correction was pretty huge as wall from its all time high and considering we already touched the all time high valuation, i am waiting for the major correction and then make my investment decision.

I think we are already in the beginning of the crypto winter, but I guess the second quarter is where the price will really go down and suffer. And maybe that is the time to think whether we are going to reinvest. But for me that is the easiest part. The hard part is going to be how long you are going to hold on those altcoins. It will be hard and tough to see your portfolio not making money in the next 2-3 years. So there could be time that you are tempted, just saying. So there is also this mental aspect of the game.
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March 15, 2022, 08:22:47 PM
 #169


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

During the fall of the market only the best projects will be able to survive, that are really interesting to people.
During the rise of the market a lof of new projects appear every day, but not all of them are useful and will be able to survive over the time.

The matter is nobody knows how long may be a fall of the market.
Many people believe then soon market will restore but fall of the market may be a year or even more.
wozzek23
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March 16, 2022, 09:00:01 AM
 #170

There will be tons of periods in life when people will feel like selling their coins.

There is nothing wrong with that neither, sell it, don't sell it, if you are worried about it, getting out would be the best course. We keep saying hodl, but even I sold my coins when I needed it for something urgent in my life.

Sometimes crypto is the only way. It is our savings, at least it is mine. It means that if I need to tap into my savings, I need to cash out my crypto.

It happens all the time, just recently I had to pay for hospital switch for my mother in law, and it worked amazingly, she has been a lot better for a week, and it totally worths it.
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March 16, 2022, 09:18:18 AM
 #171


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

The matter is nobody knows how long may be a fall of the market.
Many people believe then soon market will restore but fall of the market may be a year or even more.

During the fall of the market it is a good time to buy tokens for the best price to have ht maximum profit from investment.
Not all the projects will be able to survive during the fall of the market. That is why it is necessary to check how important will be a project in future to evaluate its potential.
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March 16, 2022, 09:53:01 AM
 #172

There will be tons of periods in life when people will feel like selling their coins.

There is nothing wrong with that neither, sell it, don't sell it, if you are worried about it, getting out would be the best course. We keep saying hodl, but even I sold my coins when I needed it for something urgent in my life.

Sometimes crypto is the only way. It is our savings, at least it is mine. It means that if I need to tap into my savings, I need to cash out my crypto.

It happens all the time, just recently I had to pay for hospital switch for my mother in law, and it worked amazingly, she has been a lot better for a week, and it totally worths it.
There are times when we have to sell our assets, even though we don't really want to sell them. But I think you made the right decision to sell the coins for your mother-in-law's needs.
And you are right, here is one way to save some of our money for sudden and unplanned purposes. And this is one of the best choices in my opinion.

.
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March 16, 2022, 10:07:35 AM
 #173

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Remember that the final decision will always be yours and listening to most advice will not bring any help for you specially that you sounds like Knowledgeable in this market and forum.

Why not decide which to sell and what to buy? in those cases you can finally let Shitcoins(if you have any) and purchase other coin that has more potential than what you are holding .

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March 16, 2022, 12:09:01 PM
 #174

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

Hey mate!

The market was (still is) rough around the time this post was made i actually took the 60% loss and was fuck it now that 60% would have been more like 70% but i feel like selling now would be a really bad move even tho it's half a month later. We've been in pain for quite some while now the more pain you feel the closer we are to actually getting out of it, atleast that's how i look at it. I cashed out my old projects that have been in a steady decline for 6-7 months and i'm thinking about going for #Lunafi for promising to bring safe gambling with low gas fees to metaverse due to being built on Polygon, sounds really dope i don't like $ETH gas prices at all can't wait to plug in my vr and go exploring. The other one i  stumbled upon was $ENGN which is gaming studio token that makes implementing blockchain technology onto non-blockchain projects possible without having to rewrite the base code, plus they got a new game around the corner that's simply reminds me of buffed Fortnite. Any suggestions on my choices or any other projects to keep an eye out ?

Thanks  Cool
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March 16, 2022, 12:16:59 PM
 #175

That's true and sometimes we forget about it that our final decision that determines it is not someone else,
practice to make your own decisions because if you just depend on what other people say it will never end,
Of course, before making a decision we need to do research so that we are sure of the decision
Even though doing research is not difficult and tiring because basically it is free and can be done by anyone who feels he needs more information for a product, so why rely on people's words while everyone can also search and read everything information in the crypto space.
So it's clear that depending on other people's words is not a good option for now and also for the future, because the future is always determined by each individual.

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lombok
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March 18, 2022, 01:42:33 AM
 #176

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Remember that the final decision will always be yours and listening to most advice will not bring any help for you specially that you sounds like Knowledgeable in this market and forum.

Why not decide which to sell and what to buy? in those cases you can finally let Shitcoins(if you have any) and purchase other coin that has more potential than what you are holding .
Exactly what you said. Decide for yourself about something we want to sell because we ourselves that know and are sufficient about the profits we get from owning crypto coins. If there are a lot of outside suggestions, it will affect the decisions we will make which will lead to something we don't want, for example if the price continues to fall which causes big losses. So we tend to be lazy and don't want to do research and will always depend on other people's opinions which are not necessarily applicable.

Hopefully the OP has found the answer and taken the appropriate action according to him.

91254vvpatel
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March 18, 2022, 02:41:59 AM
 #177

Not responding to the condition at the date you asked the question. But currently March 18th. I am giving this answer pertaining to today's market. So that those who read the answer to this question can get a little more information about it. Currently it has risen in 24 to 48 hours. Everyone who casts their eyes upon it, wants a go. If you bought at a lower price you can sell today. But if you want to make more profit, you can make more profit by selling your Altcoin investment piecemeal.
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March 18, 2022, 09:18:40 PM
 #178


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

Fall of the market is time to buy altcoins. There are a lot of altcoins but among them there are a lot of scams.
To evaluate the future prospects of altcoin it is necessary to have experience and carefully check everything not to invest money in scams.

I do not thing that now is a good time to sell altcoins.
It is better to buy them.
It is necessary to monitor the market to buy tokens for the best price during pre-sale.
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March 19, 2022, 06:47:47 PM
 #179


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

I do not thing that now is a good time to sell altcoins.
It is better to buy them.
It is necessary to monitor the market to buy tokens for the best price during pre-sale.

I agree that now is the best time to buy altcoins, because many experts thing that cryptocurrency market will continue to grow.
The more anstable is economic situation in the world the higher is demand in the token.
Dragonbite
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March 20, 2022, 11:04:50 AM
 #180


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

I agree that now is the best time to buy altcoins, because many experts thing that cryptocurrency market will continue to grow.
The more anstable is economic situation in the world the higher is demand in the token.

Now many people actives buy cryptocurrency because many people believe in the future growth in the cryptocurrency market.
Also investors actively monitor the marekt to find the best projects for investment.
Anonymous100
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March 22, 2022, 06:50:31 PM
 #181

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.

Current market conditions are difficult to predict, whether it will be pumped or dumped. But on some of the previous discussions, many have said that in April the market got pumped up again. If we see the signs now, it has been done slowly.

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EQIFI
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March 22, 2022, 09:22:52 PM
 #182


After the rise, there is a fall in the market. Then will be rise again. But in the long term perspective cryptocurrency market rise. So it is better not to hurry and not to sell assets.
It is impossible to stop technology and development.
Now appear projects that use artificial intelligence for development and to create better tools like this https://twitter.com/PredictVision/status/1496833642714312707

I do not think that now is a good time to sell altcoins. It is better to buy altcoins.
Every day a lot of new projects appear and investors have a big choice of new projects.
To do thins it is necessary to carefully monitor the market.

Now many people use cryptocurrency for investment purposes. They buy cryptocurrency and hold it. That is why the adoption of cryptocurrency increase.
Now more an more people use cryptocurrency because they believe in its future growth and increase of adoption.
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March 24, 2022, 03:12:44 AM
 #183

How did you end up in 60% loss if you are monitoring the market often? If you are holding some legit and worthy altcoins then you don't have to panic this is normal in crypto but if you are holding a shitcoin then sell of all them right now before its value goes to zero. If you want to hold for a long term just always make sure you buy alts which has reputable developers and strong fundamentals, stay away from pump and dump coins.
This is because of the fact that holders are always warned against using a large cut method. The main reason is that if you are an experienced holder, now you do not see much of your holding.  That is, you need to check the history of the market, you must first see that talking, they must be seen at all future gates, it can be a cutoff, and if something like that happens, you can avoid it, just hold on, since you are already known to be a myth in the long run.
Adbitco (OP)
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March 24, 2022, 03:27:08 AM
 #184

Hello mate
Do we currently calls the market situation the bear or what?
Today I just opened my storage where i buy and stored most of my crypto coin and the rest I noticed have almost lost 60% of all my asset in dollars so I was tempted to sell off all and take a look at the market to know if there will be corrections, though I have been monitoring the market but I m not really convinced so I decided to share here to know whether I could get some people who  knows about the market to give a little breakdown before I go into such decisions.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.

Thank you.

I will read all comments to see the reason.
Remember that the final decision will always be yours and listening to most advice will not bring any help for you specially that you sounds like Knowledgeable in this market and forum.

Why not decide which to sell and what to buy? in those cases you can finally let Shitcoins(if you have any) and purchase other coin that has more potential than what you are holding .
Exactly what you said. Decide for yourself about something we want to sell because we ourselves that know and are sufficient about the profits we get from owning crypto coins. If there are a lot of outside suggestions, it will affect the decisions we will make which will lead to something we don't want, for example if the price continues to fall which causes big losses. So we tend to be lazy and don't want to do research and will always depend on other people's opinions which are not necessarily applicable.

Hopefully the OP has found the answer and taken the appropriate action according to him.

Thanks you for the contributions just as said before i already gotten an options which works perfectly fine for me have used it to get most of the profit which i lost. Secondly i will be locking this thread to avoid further spamming.
 

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