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MOProgress

The Market Is Bleeding, What To Do!

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49 minutes ago, Nicole018 said:

This way you would be able to understand the market fluctuations more better which would help you to make trade decisions that would help you to earn profits.

Exactly without analysis and charting it is very difficult to have a clear understanding and panic as in some cases happen makes the worst decisions. There are many traders that always buy the dip and if it goes lower there will be even more. A decision to sell very low means that somebody else is buying. We need patience and block our emotions in many cases no matter the loss we see in the total numbers. Also we need to trust in our investment and research a lot about it. I think that investing in a few cryptocurrencies is worth it.

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This is a normal thing in the world of cryptocurrencies. Every day the path of currencies is different from the previous days and this is due to demand and supply, so you should choose the appropriate currency and not sell at a loss because it may regress the price. But you must analyze and study the currency well before buying it. Be careful.

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On 1/23/2020 at 7:54 AM, MOProgress said:

I just visit CoinMarketCap and saw the coins on red, which is not a good sign to start a morning, Initially I was worried, but not anymore.

 

Here is what you should do.

Never panic sell, because in market, it is like that, things go up and down. The best is to prepare to buy more so that when the market will come up, you earn.

 

while you want to buy more, be sure you are on a good project.

 

Did I speak your mind? If you have contrary opinion, please say it.

Hello friend, once you have studied the market of the currency that you want to invest, you will know in what price range that currency fluctuates, so invest a good amount when you see it near the lowest points and be patient and wait for it to rise to its highest point, so it is very important before investing to have a well defined plan...

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In order to strengthen the market and support it, we must work continuously and devote daily effort and cooperate with members by increasing the injection and transfer of funds in the markets, increasing members and inviting them to participate.

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If I have plenty of a cryptocurrency and it is suffering from a dumb, I will not buy more of it at all, not at any circumstance, yet I will definitely not sell for a low price , I will hold as much as possible till it reaches a reasonable price then I will sell, this is my strategy , some other people sell even with a loss, and they go to trade with other currency, they think that the profit they might get will compensate for the loss, again people approach situations differently. 

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No worry's man it is very common in the crypto market that the value of coin get changed rapidly it will get hype in no time it is always like this from the time of digital currencies. Always invest your money looking after the market value of the coin don't get fooled or lose your money on investing in bad time.

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We've seen worse than this prices drops. The market is the place where either the price would be up or down. When the market is bleeding heavily, you could continue your trading, hold up, or take a break for a moment. Choose the on that you think is the best action at that situations

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When we see the market bleeding or declining, the opportunity and buying must be greatly used, and if you do so, the market will rise again, and then you can sell and make profits.

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If you notice that the market is bleeding then the best option for you to do is short you coins for stable coins before your coins lose all its value but you have to be certain that things will get worst on the market before you can short your coins

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The coins rates are suffering due to its demand and investment because the demand is very low of the coins at present so there is a less investment on it when the investment will increase the rates will also increase so have patience. 

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I wonder what your reaction was later when prices dropped to some low never seen for years, I hope that you followed your own advice and didn't panic sell when everyone was and you managed to keep your emotions and not lose the profits that came later.

When you are trading you have taken the precautions about that, a stop limit and alerts on prices will save you even when you are sleeping will wake you up to check in case the stop limit didn't hit and help you from liquidations, although if you are an investor and not a trader, then you wouldn't mind, as the market does that, it can take three years but Bitcoin will help everyone in profit again.

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Yes the situation in the morning was not good but it has stability and started on green . patient is really the key to success when it comes to crypto currency .

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Yes you are right. Business has ups and downs. And a good trader knows what strategy he should apply in which situation. So no one should be panicked. Just should take the right step in right time. Sometimes market goes horribly down but at that time a trader should know what he should do at that time. Being a trader is not easy. Patience, focus and strategy are needed to be a successful trader.

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It is normal on crypto market.  The price of crypto-currencies change continually.  You know that crypto currencies price depends on its demand and supply. anytime it can down and rise. So,  don’t worry for it.  

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Keep patience friends. When market is bleeding then you alone can do nothing but you can wait to see situation goining to the normal stage in the cryptocurrency markets. Market bleedings were seen many times in the past & it will be also seen in the future time too. This is just normal.

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For my point of view that is not a smart idea because you do not know how long the market will bleeding. You ought to sell your coins. 

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Hey mate.I have no fault in being attracted to the present plan.  Watch effortlessly as well as unwanted cash waiting.  These days there are many titan falls in addition to every labor release.Its price however you must make sure that things get the worst in the market before you shorten your currencies.

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Thank you for sharing your knowledge with us on what to do as the market is bleeding we this am sure a lot of us has gained experience that we will use to tackle the situation that is affecting the market 

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If it is true that it is better to buy when the market is in the red, the most certain thing is that they increase in price, sometimes that happens when btc drops in value but when it recovers is when they begin to rise in price.

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when the market is on red zones there are actually two possible actions which can be taken as when especially your a trader as you maybe want to convert your funds into a stablecoin if you think the drop might continue for a while or having to find a strategy to make the red zones turn in to some profits

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It is true that if we want to invest and get profit, we will definitely choose bitcoin as an investment asset. But our problem is that it is too late to buy bitcoins, because the price of bitcoins is already very high and there is no way we can afford to buy them. Another alternative is to buy altcoins that are similar to bitcoin and I choose Litecoin as the investment I will buy.

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I think this is good for you . You can buy the coins and when it's price will rise up then you sell it . You can take a good profit. It is a good opportunity for you. When market is bleeding I buy any coins when it's price is ho at high then I make a good profit.

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The best possible advice, thank you for sharing it. As you say, the market goes up and down, so it's ideal to take advantage when the coins are too low to buy and wait for them to rise.
If someone followed your advice during January or even more during the March downturn, they would certainly be making very good returns right now.
I hope that in the future I won't worry when the market is in the red and just concentrate on buying more to make good profits.

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Well, its already starting, the price in the market is dumping again as bitcoin price is decreasing and it's natural it happens every time and that means a good opportunity to buy more coins but of course yes its a bad news for holders but let's just wait it will increase some other time

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