Post
Topic
Board Trading Discussion
Re: What is your best HODL in this Red Zone?
by
Rahar02
on 24/06/2018, 11:07:40 UTC
As we are looking at the market currently, the whole thing is dumping like anything. There is no thorough explanation about the whole scenario as to why the crypto currencies are dropping by so hard and hence I am eager to know what are you guys holding at this point.

Have you converted everything to the BTC or any other safe currency that you see out in the market?

Is there anyone of you who is holding all the assets back into the USDT, the Tether one or have you converted everything back to the fiat. ?


Converting your coins to USDT or fiat is something you should have done at the beginning of the crash that way you could buy at the current prices about 3 times more bitcoin or any altcoin you may like, but converting your coins right now is pointless since we are already very close to the bottom of the crash, so for now my recommendation is to hold, and if you can get more tokens using any fiat you may have in hand.

Correct, sell at the bottom is the worse decision, unless you are a trader, it's still profitable to buy and sell in this red zone.
Cash out at the peak is the common sense for traders, and this is the right time for buyback.
However, if you miss the peak due to hoping for a higher rate or don't have cash right now to buy more coin, nothing to do but hold.
Whatever coins that you have, btc, bch,eth, xrp, xlm, eos, ltc, dash or xmr, just hold and wait for the market to recover.