Post
Topic
Board Speculation (Altcoins)
Re: Altcoins dropping like crazy
by
knightmairesaint
on 13/06/2018, 12:29:36 UTC
The trick is to have money on the side to buy these dips. It is hard to take money out of crypto, but a succesful strategy is buying these dips. Like any market it will fluctuate.
The market is falling, I see the market falling regularly, so there is no reason for us to worry. Try to wait for good things to come to you.

Panic selling is the key for those extra falls that happen. If people do hold their coins it would not fall much and in fact it will rise more quickly as buyers will not be getting coin easily and will be able to pay more for the coins. But only few understand this concept.

Honestly, people sell at the time when they have the best reason to hodl on their coins.  Smiley I am really curious about those panic sellers, we know that they sell even at very low prices and I wonder if they regret about it or was there any "regret" when they sell. Trading is very complicated compare to hodling and sometimes the most profitable coins are sold for petty amounts when its price should be very high. Panic selling are profitable to investors but how are we going to make a coin grows like bitcoin and ethereum if we let its price go down very low.

Anyways, bitcoin price is dropping as well as the altcoins and this is painful when you have assets. How I wish that people will not be persuaded easily by any bad news circulating or by any negative thoughts so the cryptos will have good prices, not just bitcoin and ethereum.