What are you doing with your crypto investments during these downtrends?
What are you doing with your crypto investments during these downtrends?
Crypto markets have been taking a huge beating for the past month and a half. Before that, the prices were basically flatlining with no real moves, up, or down, until the point when BTC started crashing. Consequently that pulled down all other altcoins with it.
![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmfEyPqeVL76YSB8xMM1kPfcqZPU8Z6XjPpgfE86BNo6oz/image.png)
Prices of most coins got cut in half, some lost even more. A lot of noob investors have been driven into the FUD hole and some probably even sold their coins at a huge loss, trying to prevent an even bigger one. All while not knowing that in a couple of months everything might turn out for the best as the bulls finally return and start the biggest uptrend we have ever witnessed.
- Sold most of my crypto
- Sold a part of my holdings for fiat
- HODL
- Bough more crypto because this discount is too good to pass
- Other
Answer the question at dpoll.xyz.
Voted for Other.
Exchanging my more stable Bitcoins to Ether and Steem, which ones fell more and are cheaper now in Bitcoin terms. (And Steem, as we know, has a yield, what many other cryptos haven't...)
Wish I was smart enough to cash out some Steem during the last bull run as I would HODL stablecoins and wait for the drop but I thought, like many others, that the price will keep going up.
Good move @deathcross!
Voted for HODL.
and power-up some STEEM. :-)
Voted for Bough more crypto because this discount is too good to pass.
Yes! That's what I was hoping to hear.
Voted for Bough more crypto because this discount is too good to pass.
"stay optimistic, invest what you can and get excited for the future"
Yes, yes and yes! Thanks for spreading some positivity during the "hard times" which are only apparently hard, but really they are just discount times for those who believe in this technology and where it is heading to in the future.
Im holding and praying for better days, I am sure that within a year we would see another rise of the crypto. Some monumental news will spark a rush again
Great! Just HODL then, better times will surely come. Sadly, it's not going to be some big news that will spark the net bull run but institutional investors pouring in billions. We had a lot of good news for crypto but it hasn't moved the price a single bit. It just kept getting rekt. That just shows how big of an influence, those manipulating the markets now have.
Voted for HODL.
Voted for HODL.
HODLing to Zero
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Do you really think they are going to zero?
Most of them are.
In this downtrend? I don't think so because in order for that to happen BTC would need to drop all the wayto 100$ and lower. Don't think we willget a chance to see that before the bulls take over.
I'm confident in the next uptrend starting over the period of next six months.
Most coins will go to zero. Bitcoin might survive.
Well, im joining some events like trading competition in DAI. coz it's the only way for me to forget what's happening to market right now. https://www.facebook.com/KuCoinOfficial/posts/307819130069841
That's a great way of dealing with the negativity!
Voted for Bough more crypto because this discount is too good to pass.