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Author Topic: Don't Be Under Pressure To act (Altcoin)  (Read 377 times)
husdemba
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March 19, 2022, 02:51:42 PM
 #21

We've seen fake bullish moves many times over the last one year. I think 50% cash should always be in our pocket. If Bitcoin crosses the 45500 level and becomes permanent, then I will be more hopeful  Undecided

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March 19, 2022, 08:48:35 PM
 #22

The newbies are likely the ones that are being under pressure. They're panicking when they see a slight movement in the market and when there's a massive drop.
Only Newbies are affected by fluctuation of market, I don't think so. I personally saw many experts to go wrong way and getting pressure with market going down. This is all because of high level of uncertainty within crypto. Witch Leeds many to go panic and cause to do a wrong move in wrong time. We all are humans and bound to do mistake specially when pressure is high.
What I'm saying is about the pressure, everyone is affected by the fluctuation and there's no one that can skip that even the experience ones although they have a better way of taking it. But when it's about panicking, the experienced ones are unlikely to go in panic.
That's why most newbies are panicking because they lack experience about the fluctuation until they put it on their minds that experience is going to teach them what they must do in the future.
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March 19, 2022, 11:37:59 PM
 #23

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.

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March 19, 2022, 11:41:34 PM
 #24

~
Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.
Depending on the project you can take positions according to the market situation, i missed the meme hype during the initial stages but then i jumped into some of the hype projects and then booked my profit without holding much as i am not too confident to hold them for a long time. There are some projects that are good but the price is yet to move higher and hopefully we need to hold for the next rally.
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March 19, 2022, 11:46:41 PM
 #25

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, ..
This phenomenon often happens in the crypto world,moreover when the market is getting in the bearish season, or there is any dip market situation. Additionally, this is more than market corrections.
We all know that every time Bitcoin falls down, altcoins will be also following, much worse than the Bitcoin condition. Altcoins may drops more than -50% when in this kind of market situation. This is irony for some good altcins. But, this is likely a cycle likely to filter which altcoins are really potential by surviving from this kind of market situation.

Don't Be under pressure
You're right, if we feel under pressure with this market drops moreover for altcoins, it will only hurt you, but nothing to do. Just be patient and wise enough. That is why everytime we are going to invest, learna and research more, use only free money so that if we are expericning this makret drop, we are still okay to face it

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March 20, 2022, 02:51:30 AM
 #26

Perhaps, to see that Bitcoin remains above the $40k level, we really feel the confidence that the market will surely recover shortly. The contribution of Bitcoin to the altcoins side helps to stay at a high level as well. We are not seeing altcoins in red for very long, it was just almost a month if I'm not wrong but now, as the price moves back on the uptrend momentum, altcoins are also showing the same trend.

Sometimes, we even see some of the altcoins keep on the green while the others are in the corrections. We're glad to see people had been strong enough to manage their investment and still hold despite the FUDs.
With the bitcoin price currently still at $41,900, it gives us more hope that we hope market conditions will recover soon before the middle of the year. But to reach the final ATH, it will still take an unknown amount of time but if the price can get back to $50k and stay there, there is a possibility this year the price could go back to $69k again. But we also have to be prepared if the price can't get back to $50k and even reaches the last ATH.

Hopefully, we will remain strong to manage our investment and survive under any conditions. FUD is always there, but that's how we can manage our investment and control ourselves so we don't get affected by FUD.

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March 20, 2022, 04:28:18 AM
 #27

It's best to never decide under pressure, there will always be new opportunities around. This year I didn't buy any alt coins so far. Last year I added a few dodge coins, but mainly focused on ETH and BTC. This year I will do the same. The bitcoin prices dropped so much compared to last year that it feels like a must buy for me. So instead of struggling to choose the best alt coin out of the large pool, I will stick to the coins that did really well in the past.
If I had more capital to invest I would also buildup my alt coin portfolio. Unfortunaley I am still repaying a loan and have some issues come up that require me to set aside more fiat money this year. For expenses I prefer to save up the money in the currency I need it in. That's why investing now money I need in a couple of months is not really a option. For all the money I can share to invest my hierarchy is 1. Bitcoins, 2. ETH and only after that I would go for alts right now.

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March 20, 2022, 06:14:38 AM
 #28

At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.
This statement can be applied at all stages not just now. Some people are always in the state of "let me exit now" and they are going to drop their bags as soon as they see some uptrend.

Whether NFT and Metaverse are going to be anything, it is a big question. I am not betting on them to be big, but there might be some coin price movements associated with them and you can sell at profit. The main thing is getting the profit and that is where the speculation comes in. People dont want the technology to develop but they are in for the quick money making that crypto in its previous days have already shown the public.

So you will see erratic movements in the market with the current rise in price.

R


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March 20, 2022, 08:24:48 AM
 #29

Not all coins are the same, there are some coins worth holding and some coins that should be disposed of so it's better to update your portfolio from time to time, there should be no pressure to hold or dispose of, each coin that you are holding should have its reason to stay or be dispose of some coins takes time to develop if you're following the developing its platform you have an idea of the time frame when you expect it to perform better in the market.

I agree, it is not invested according to whether there is a downtrend in the market. The coins that you think will make money and that you have been holding for years can become garbage, so it is important to keep your portfolio up to date.
Investing by looking at the hype when investing right now is what will make you the most money. It's risky to keep things outdated Smiley

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March 20, 2022, 09:17:27 AM
 #30

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

IMO, I agree that novice users are the one who is experiencing that so-called pressure because this market cycle is just being repeated so those who are already experienced it will not feel the same as you said like under pressure because it's just being repeated so I think it's not appropriate to apply this kind of feeling, in general, the crypto market is always changing by experiencing trends in various field for example after Defi was boom now there is NFT boom then what's next? one thing is for sure many trends and innovations will follow so we better get ready.
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March 20, 2022, 10:43:31 AM
 #31

I believe cryptocurrency is the epitome of financial freedom.
The more we feel free here, the more we can enjoy blockchain technology and cryptocurrencies.
A living proof is that bitcoin and other coins can always grow under any pressure.
Even when we have a war recently, it doesn't have a bad impact on cryptocurrencies, instead countries that are involved in war will indirectly need cryptocurrencies.
Plus, every year there are always surprises from cryptocurrencies as new technology concepts or programs as we know them today, namely Metaverse and NFT.

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the ghabbar
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March 20, 2022, 02:54:35 PM
 #32

I believe cryptocurrency is the epitome of financial freedom.
The more we feel free here, the more we can enjoy blockchain technology and cryptocurrencies.
A living proof is that bitcoin and other coins can always grow under any pressure.
Even when we have a war recently, it doesn't have a bad impact on cryptocurrencies, instead countries that are involved in war will indirectly need cryptocurrencies.
Plus, every year there are always surprises from cryptocurrencies as new technology concepts or programs as we know them today, namely Metaverse and NFT.
that's why financial freedom can change people's mindsets towards the times, where investments can now be made anywhere without a third party intermediary, for the problem of the growth of each existing coin, it really depends on development, Votality and support from various parties who play a role, technology is strongly supported by there is crypto, so here we can do anything to make a profit, in ways as per the existing rules, to this day I believe crypto as a symbol of financial freedom for anyone
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March 20, 2022, 03:05:38 PM
 #33

The year 2022 has been one hell of a year where many altcoins have been on the downtrend and recently the entire cryptocurrency market have faced a lot of pressure from the market, But this week have brought with it some form of relief as the market is beginning to pick even in the face of war and cryptocurrency serving as an alternative means of financial transactions where there are traditional restrictions resulting from the war.
Don't Be under pressure
At this point, the altcoin market is beginning to witness huge traffic from new investors and the recent grave is the NFT Metaverse which has brought with it an entirely new experience, we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.

Is this to say that we should maintain our Altcoins for the time being and not add any more? ,, since I was thinking of buying more, but I'm frightened of this year's crypto market fluctuation; sometimes the market appears to be returning to normal, only to turn red again after a week or so.


I think it's time for us to hold off on shopping, because the market situation is unpredictable, the fear is that the BItcoin price will deepen, and as we know altcoins will surely fall even deeper,
I personally stop shopping, and trade in small quantities for weekly survival,

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March 24, 2022, 02:18:46 PM
 #34

I think it's time for us to hold off on shopping, because the market situation is unpredictable, the fear is that the BItcoin price will deepen, and as we know altcoins will surely fall even deeper, I personally stop shopping, and trade in small quantities for weekly survival,
Yeah, no point is buying altcoins, because because most of them will fail anyway even after being big for a short time. Unpredictability is what makes the crypto market more attractive to its users and traders. But it is also true that wasting time on shitcoins will never yield anything fruitful.

Also shopping for altcoins often ends up with spending on a number of shitcoins that end up clogging your wallets. It would be a better decision to spend their on bitcoin at a later period of time when the price goes down.

If one can maintain that fiat<>bitcoin optimization of funds, they can profit from the market with proper buy/sell.

R


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March 24, 2022, 02:21:58 PM
 #35

trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
 Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.

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April 02, 2022, 01:05:41 PM
 #36

trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
 Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.
When it comes to trading or investment one needs to have a calm spirit and a huge understanding of the situation, the right time to take every right action.
Once you build your knowledge about certain assets don't be moved by short term actions no matter their impact on the price of your coin, as long as you are holding a potential coin you will have the confidence that no matter what happens in the market you will continue to hold and not follow fuds and the mainstream media.



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April 02, 2022, 01:24:52 PM
 #37

we most are careful and not to be under pressure to act either adding to our assets or letting off some from our bags.
That is true to an extent, of course it is important not to be affected by FUD and sell your coins, but mind you that a lot of that depends on the coins that you are hodling, personally i consider majority of altcoins to be short term projects/pump and dump coins, and if i held any of them and there happens to be a real crash on the horizon, i can't assure you that i am going to hodl on the them. What i am basically saying is that one should only plan to hodl onto coins that are long term projects, like Bitcoin for example. But if the coins you own are short term projects, i would advise you sell them as soon as you have earned ROI on them.



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April 02, 2022, 02:17:35 PM
 #38

Pressure creates wrong/improper actions.  I think there is no need to rush if you have already determined the direction and plan from the beginning.  That is important.  Thinking goes with action, but pressure only makes it easier to act with feelings without reason.  It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health

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April 02, 2022, 02:49:20 PM
 #39

Pressure creates wrong/improper actions.  I think there is no need to rush if you have already determined the direction and plan from the beginning.  That is important.  Thinking goes with action, but pressure only makes it easier to act with feelings without reason.  It reminds me not to rush into investing, but to hold back the excitement for a second before everything returns to normal.
Some people including me stay long in the market when it loses momentum but holding is the best way when you determine what to hold, conversely, if the choice is wrong, it can end up in the abattoir Practice optimistic living habits and control pressure and inhibitions -> invest with health
because the pressure gives nature to panic. everyone must have the same experience. what makes the difference is the way of solving and mastering emotions.
at least we've seen the peak, and when there is at the bottom there will still be confident that we can get the peak again. losing the current moment makes us have to hold assets. but we will be sure that the plans we make will never go wrong.



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Rainbot
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Activity: 2912
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So anyway, I applied as a merit source :)


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April 05, 2022, 04:11:09 AM
 #40

trade calmly, then we will not be under pressure from dumps or panic sells that occur in the market,
 Luse a good strategy and don't be selfish, set aside capital and don't use the whole capital just to buy coins,
because that's what makes us under pressure in the market. market when panic sell occurs, I hope we are fine.
You are talking like a pro trader. I hope you do that when trading on your own too.

Panic is a part of the market. It exists and therefore the market moves. While there are good traders who know that buying when panic selling is happening gives them a discount, there are also those who will continue to panic sell.

It is just a matter of maturity among the traders. Those who know how to handle movements know how to keep calm during trading.

But them again one should know how to place a buy/sell order at a price worth it in order to prevent such panic.

R


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