Quote from: el kaka22 on January 04, 2019, 04:11:35 PM

Quote from: deisik on December 31, 2018, 10:41:41 AM

Bear market allows you not only to see where your investments are going but also lets you easily unwind them by selling poorly performing coins (if we talk about cryptos) and then proceed to buy more resilient coins at half the price as the market goes downhill. That's what most people overlook in bear markets and so fail to take advantage of.

If you go for checking out many boards across this forum, you can find most of people are suggesting about buying at dips but I'm not sure how many people are making use of those suggestions. I did few in last 4 months and now waiting for another dip to enter again. I'm not selling out any of garbage as I am still believing in to them to bounce back at any time. Also I have bought few major altcoins. Usually I am not believing in to most of altcoins but this time I am finding this is an easy way to have more bitcoins for the same money, just as a part of making use of low tide

It looks like you don't make a living off crypto

And more specifically, cryptotrading, since otherwise you would soon be broke. The first rule of a successful trader is not to marry an asset, however personally attractive it might look or feel. Well, maybe it's not the first rule actually, but it is the one which you should invariably follow with your skin being in the game

Quote from: el kaka22 on January 04, 2019, 04:11:35 PM

Quote from: deisik on December 31, 2018, 10:41:41 AM

In a nutshell, it is a perfect time to change sails or even the ship itself, tide or no tide

I guess there will be no need to change the direction of sailing nor the ship as I am still believing in to bitcoins moreover I am still in profit with my bitcoin stash (bought them by early 2015). Usually people do think about those "options of changes" only when they are frustrated due to losses

Yours truthfully, I didn't mean Bitcoin

I am mostly talking about altcoins, including the major ones. Mind you, I don't suggest anyone to drop their holdings like shit, but as I am repeating over and over again here, in these turbulent times, Bitcoin is the safest haven in the cryptoworld, the lowest (or highest, depending on your perspective) denominator of sorts. And when everything is down, everything in red, use this opportunity to reshuffle your portfolio based on how different coins behave - sell low, buy lower