You answered yourself, in the long term, so leave them and do not touch them.
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MJoseD-1906
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$WLD Does anyone know if it will continue to drop even with the guide from February of last year? I have some coins and I want to keep them saved until February to get some long-term gains.
Warren Buffett used to constantly mention the importance of not seeing investments as stocks but as companies. And what he meant was not focusing on the price of the stocks but on the future of the companies, in addition to the importance of buying when prices fall. So if you reflect on that, and apply it to the world of #cryptocurrencies, this is a good time to buy and if you see it from the part of the future of the currency as a company/project, you can see things more clearly and not focus on the negative. This is just a necessary and normal stage in the market, whether it is due to #BallenasEnAccion or other news, currencies with futuristic potential will rise again and break their lows.
I see a drop in prices before the takeover, which is just under a month away, as very normal. So, breathe, invest if you can, and if not, close the app and let the Market do its job.
Remember that companies do not break sales every month, and here do not be misled by the red numbers, but by the projects behind each coin. #xrp has good ones.
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manojhere
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Hello guys, I purchased 10000 XRP @ 2.89. Think about my position now 😢. Should sell or hold ? could you please please give honest advice
My recommendation is always to maintain. And secondly, if you have money to invest, do not do it all at once. Buy USDT and divide your investment purchases daily at times when the currency drops, because we do not know how much more it will fall. This way, you take advantage of buying on different days at different prices; do not wait to always buy super low, if it happens, great, if not, then go with the flow as the moment allows.
Now, during times when everything is going well, try to buy a monthly or biweekly amount to distribute the risk.
For now, just wait, buy if possible, and assess your purchasing power.
The lowest limit is right now, and if it goes down more, there is no problem; the important thing is that you bought at the low. Sometimes high, sometimes low, that's when you buy.
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CriptoBro69
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The topic is how far it will drop, to take advantage of buying more
We continue to go down and whether you call it correction or not, remember that there was an exponential rise at the end of November and beginning of December. Do not withdraw your money, wait. The problem is that most people enter this high-risk and high-volatility investment thinking they will have results in 15 days. A phrase I learned and share with you in times of uncertainty, "it's not about timing the market and its rises, it's about time in the market.
There are coins like $SOL that have had returns of up to 180-200% in a year, with extreme or quite considerable volatility. This teaches us that everything goes up and down in cryptocurrencies, and you will always see discouraging comments. But the truth is that everyone wins in the long run with those coins that have projects, and statistics show a constant growth over time. #Xrp🔥🔥#XLM #ADA .
-Hold on if you don't have money to buy. -Hold on and buy in the next ones if you have cash. -Don't invest what you need in the short term, because the market does not forgive short-termers (new word). -Stop blaming the big players and flow with them. -Investment is for the long term and not 1 month. -You don't lose when your numbers go down but when you sell. -Invest in assets with potential projects and don't listen to the noise.
I like your comments. We cannot fight against the whales because they are the #Marketmakers, but we can adopt their strategies, and one of those is to buy on the dip and hold.
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GUATU23
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For all those who are crying over their losses at this moment, I remind you that we are all seeing the numbers diminish in our wallets, but if we are aware that there is no person who has lost in the long term with projects like $BTC $ETH $XRP , this loss is not real and is called a correction, and as long as you do not withdraw and have patience, you will see your numbers increase and double again.
Do not keep making the same mistake, panicking and selling every time the market corrects, it is time to change from a gambler's mindset to an investor's mindset. In this way, we will stop being those who sponsor the #Ballenas and we will start benefiting from them.
Every time you invest money in a coin, you must do your DYOR (do your own research) and believe in that project. Then, make sure to have capital ready to buy during the correction, which is when everyone flees due to lack of confidence and credibility in their own investments, as that moment is when whales make their moves to buy at a lower price.
And stop thinking that you will get rich overnight, this is a long-term race and invest what you can afford. Do not sell out of FOMO and do not buy out of FOMO.
Go with the market, research, and remember this: BUY ON THE WAY DOWN.
For all those who are crying over their losses at this moment, I remind you that we are all seeing the numbers diminish in our wallets, but if we are aware that there is no person who has lost in the long term with projects like $BTC $ETH $XRP , this loss is not real and is called a correction, and as long as you do not withdraw and have patience, you will see your numbers increase and double again.
Do not keep making the same mistake, panicking and selling every time the market corrects, it is time to change from a gambler's mindset to an investor's mindset. In this way, we will stop being those who sponsor the #Ballenas and we will start benefiting from them.
Every time you invest money in a coin, you must do your DYOR (do your own research) and believe in that project. Then, make sure to have capital ready to buy during the correction, which is when everyone flees due to lack of confidence and credibility in their own investments, as that moment is when whales make their moves to buy at a lower price.
And stop thinking that you will get rich overnight, this is a long-term race and invest what you can afford. Do not sell out of FOMO and do not buy out of FOMO.
Go with the market, research, and remember this: BUY ON THE WAY DOWN.
This is about investments, not gambling. So keep your investor mindset. Don't sell because for the moment you haven't lost anything; a real loss occurs when you sell.
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el -alex
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I have that WLD, I can hold on or it was good but it is already collapsing, well it's not much but the money is useful in these times, I need advice investors...
$XRP is the future in the most efficient payment method that represents a threat to the old system, and its transaction per second capacity and costs position it as the next technological advance that will be accepted and implemented by financial institutions around the world. Therefore, if you want to invest in a project and secure your money, you should choose XRP. What's coming is big.
After reading hundreds of comments saying that the best is this or that, I would like you to set all that aside and start seeing yourself as an investor in projects so that you can choose projects and not just a trendy coin or one that is on the rise.
Only then will you discover that we are dealing with digital assets that have projects with great potential backing some coins, such as $XRP $SOL $DOT , which are about to revolutionize financial platforms and improve the transaction system per second and its costs, in addition to the use of cloud data. In other words, it is important to know these digital assets to understand that I will obtain a guaranteed ROI (return on investment).
This does not mean that you will not see or experience ups and downs in the asset; you just have to trust in these projects and maintain your position as an investor, not a gambler. It is a matter of mindset.
So invest what you can afford, no less. And if you want something more constant and safe, start with #Bitcoin! #Ethereum. , buy fractions that will give you a constant and secure ROI.
Strong increases in coins are coming, or at least that is what the recent inflow of 972.6 million USDT indicates. Which means that some whales are preparing for massive purchases, probably from their profits generated in the last few weeks.
That's right, my people, right now the perception is bullish and mostly because it is controlled by the market makers. Expect some coins to skyrocket.
BE CAREFUL BECAUSE THEY WILL OPEN A LOT OF MONEY FLOW.
Some tips that will help you be more efficient with your portfolio.
DIVERSIFY YOUR PORTFOLIO
When I say to diversify, I mean a maximum of 5 coins and stick with them for a while; do not overcrowd yourself with coins because that's when your attention gets distracted, and if you don't have the knowledge, you will lose a lot of money along with your peace and tranquility.
DON'T FOLLOW THE NOISE
Don't believe everything you read, even if it sounds convincing. Learn, get informed, and above all, do not invest in those coins that already have exorbitant percentages because they will fall soon, and you will probably be the one financing the last upward curve before the continuous drops come.
DON'T TRY TO WIN AT EVERYTHING
Yes, we all want to win, but it's normal to have some losses, so it's not advisable to punish yourself for not having invested in a coin that you thought would surge. Relax, if you keep preparing yourself and have patience, you will get good results.
DON'T TRADE IF YOU'RE NOT PREPARED.
Many want to and wish to put all their money in a single coin. Don't do it, and above all, don't trade without knowledge, especially not with emotions. If you are going to trade and don't have knowledge, it's better to invest long-term, at least a year, and then do it when you have a better position that is worth it, not for 20$ that will risk your 1000$ without knowledge.
INVEST GRADUALLY TO DIVERSIFY YOUR RISK
If you are thinking about which coins to invest in, I recommend you not to invest the total amount at once, but rather gradually. For example, if you have 1000$ , divide it over 12 months, and this way you can diversify the risk, buy at different prices, and it gives you time to learn and improve your performance while also discarding non-profitable coins.
After the shake-up from the scheduled correction carried out by the Market Makers to secure their profits following the rise at the end of November and the first week of December, they can now be more at ease regarding $XRP $WLD $DOT among others that have more cash flow and more confidence, which translates to more long-term retention. Now that the whales understand the retention capacity of retail investors, the shake-up of those coins with little foundation is coming, which increased during the fall of the majority. Let's not forget to stay alert because the recent correction was brief and strong but not enough to push potential coins to the projected figures. Although it was sufficient to recover and gain.
When BTC falls to 70-80 thousand to then shoot up between 120-160 thousand, buy what you can intelligently and diversify your portfolio, but do not panic because what is coming is significant and diversifying one coin compensates for another.
January: Donald Trump will invest 1BUSD, which will bring a strong increase.
I totally agree with you. But make sure you have your emotions under control, know how to read the market, news about the currency you are going to invest in and that the sum is worth it.
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TusharCrypto
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u r saying long term better over short term but if u could predict when the price is about to crash ur asset could increase manifold