I'm sorry OP, if this would seem rude! But there was absolutely no reason for this thread, literally! as your post could have been posted in the thread official thread about the new rules https://bitcointalk.org/index.php?topic=5030366 and still get your intended audience, if creating thread such as this should continue, It will only make upcoming implementation of forum rules more strict and that would be rather too bad for fair users.

There's no point worrying too much, Sometimes situations such as the current state of the market needs to happen for things to get better, ETH definitely bounce back and so will altcoins, just hold on for a little a while longer.

That would be a riskier approach, what if after selling your coins and then price fails to fall low further, and eventually ends up rising way back up ?. My preferred tactic is to invest more in coins I hold when I think it has hit its rock bottom, at least that'd lower my average cost of the coin and I wouldn't have to wait for it to hit it's initial ATH before I sell and make profits.

Hello OP
I'm sure there are hundreds if not thousands of this thread already, If only you could use the search function of the forum (https://bitcointalk.org/index.php?action=search). Sorry for your loss..

- https://bitcointalk.org/index.php?topic=952097.msg10423925#msg10423925

- https://en.bitcoin.it/wiki/Securing_your_wallet

Hello, I Just came across this news a while ago.

Defunct bitcoin exchange Mt. Gox has opened up its online rehabilitation claim filing system to corporate creditors who were holding cryptocurrency funds on the platform when it went belly up in 2014.

Mt. Gox rehabilitation trustee Nobuaki Kobayashi made the announcement in a document dated Sept. 12 and published on the Tokyo-based bitcoin exchange operator’s website. According to the document (https://www.mtgox.com/img/pdf/20180912_corporate_en.pdf), creditors must file their claims by Oct. 22 to be eligible for compensation.

CCN reported (https://www.ccn.com/mt-gox-estate-begins-accepting-claims-from-bitcoin-creditors/)
 last month that Mt. Gox had begun accepting claims from individual creditors, who — like corporate users — must submit claims even if they had already done so during the exchange operator’s bankruptcy proceedings.

The exchange, which once handled 70 percent of all bitcoin trades worldwide, went bust in 2014 (https://www.ccn.com/bitcoin-exchange-mt-gox-ceo-mark-karpeles-disputes-u-s-fraud-lawsuit/)
, shortly after losing as much as $450 million (850,000 BTC) in what was long the largest theft in pure dollar terms in cryptocurrency history, having now been surpassed by the Coincheck hack that occurred in Jan. 2018.

Insolvent following the theft, Mt. Gox entered bankruptcy, though CEO Mark Karpeles — who served jail time for embezzling funds from the exchange — later recovered approximately 200,000 BTC worth of company funds.

Prior to the exchange’s exit from bankruptcy, Kobayashi attracted criticism within cryptocurrency circles for his decision to cover the exchange’s outstanding liabilities by liquidating its cryptocurrency assets in large batches on spot trading markets, rather than through the over-the-counter (OTC) channels typically used by large-scale traders. Following the company’s entry into civil rehabilitation, Kobayashi pledged that there would be no more surprise sell-offs.

Creditors, moreover, have petitioned to receive their repayments directly in cryptocurrency, specifically in bitcoin and bitcoin cash. While not guaranteed, this is now possible, pending court approval, since the exchange will compensate creditors through civil rehabilitation rather than bankruptcy. Compensation will likely be paid in late 2019.

Bitcoin wallets belonging to Mt. Gox hold 137,891 BTC and BCH, according to the Mt. Gox Cold Wallet Monitor, collectively worth nearly $1 billion at the current exchange rate.

Source: https://www.coinclub.global/detail/100

What's your opinion on this new development ?

$50 ? I think that's a bit more of an exaggeration; I doubt ETH will ever go that low, but really If that's what it would require to have ETH way back up and running again then so be it!

This happens because a lot of people are actually very greedy, they'd prefer to exploit any available opportunities to rip/dupe and scam people mostly the naive and less experienced ones off their money or assets. And for the fact there is a lot of money being pumped into the crypto space and there are a lot of people who fall into the aforementioned category makes ICOs one of the best options for them to carry out their exploits.

It will surely get better, but no one can say, for sure, when or how long it will take for the market recovery to occur. Holding or selling should be at your own discretion, just do some research about the tokens you hold and If you think it has a chance of getting better, you can hold.

The market cycle could take maybe weeks, years, decades or forever to rise significantly (Nobody knows for sure) as it will always remain unpredictable and based on speculations.
Before deciding to wait or sell out your coin in the current market conditions, You should ask yourself a question, Can you afford to lose your current investment ? If yes, then waiting will most probably be the best option, but If No, you might wanna sell some to cut your losses just in case that's what it all comes to.

As far I as know in crypto, past occurrence really doesn't play any impact whatsoever on what the future trends will be, so, I'm afraid I'd have to agree with your opinion, but the crypto's volatility could have us taken aback yet again. And as for my plans, all I think I'll do is to cash-in on some coins (To save myself from unnecessary panic selling) then sit back and watch how events will unfold.

Holding ETH now seems like a great idea as it is currently at its lowest range in almost a year,
It eventually should hit another ATH, but it's a matter of how long and only time would tell. The whole red market is affecting all ICOs, even a lot of ICOs had to suspend their sales with hope for the market to recover pretty soon.

I don't think ethereum drastic fall is due to bitcoin's current decline, if you should consider the rate at which ethereum is falling it is way bad and nothing to compare to that of bitcoin's and bitcoin isn't doing that bad, but ethereum is one of the alts doing terribly bad these days which could be subjected to some hidden manipulation.

Long-term investments is a greater risk, A good instant trader will earn as much as if not more than someone dealing in long-term investments(which imo possess more potential risks) over the same period of time eventually. And in long-term investments you never can tell how long a project will be around for, you'll find some projects hit the market and after a few months or a year the project collaspes and investors a left stranded. But still everyine should trade

I'm extremely picky, just as every other smart investor should always be, Since there are a lot of projects out there in the crypto space that are either below par or just nothing but scam, being picky should be a basic necessity before investing in an ICO.

I don't trust Ico Rating Sites, I could use them to know or get initial informations about an Ico and its timeline, but definitely not for my jurisdiction about the project,  In the light of a lot of malpractices in the ICO rating platforms, it is more important than ever for investors to conduct their own research before investing in a new blockchain project. Relying solely on ICO ratings could lead investors to place funds into mediocre projects or even into ICO scams that simply paid for good ratings and reviews. Hence, the old cryptocurrency investing acronym “DYOR” (do your own research) cannot be overemphasized.

ETH success is not solely based on its supposed sudden popularity, but in terms of innovation, and technological advancement etheruem has been impressive too. The ethereum blockchain network currently allows third party applications to run on the network, not just Ether and not just money either, a lot of other forms of data can also be stored and these literally has brought about increased public adoption.

I doubt that, If everyone decide to keep holding and there is no demand in the market, nothing would drive the price higher, For every successful market everyone has their part to play from active traders to panic sellers and those whose sell for little profit, but, I doubt strong holders really have any huge impact in the market as they have no influence in the current price of the market.

The future of a lot of altcoins might be at stake and redemption opportunities might never come around for so many of them, But there are some altcoins with great working products, as well as experienced and strategic team, that, in my opinion would definitely survive the current state of the market.

I stongly disagree with your opinion about if it keeps falling, I think it would only be a matter of time regardless of how deep it falls, It most definitely would always come back up after all weak hands are cleaned from the market