With the crypto market going up and up only, its really hard to position knowing that there is no possible support and resistance to plot. You bought ETH, don't worry because it will recover soon. Just hold it. Now that we've seen a bit of a correction, we know which is the resistance and support levels.


I've already positioned myself into a point that whatever happens, I will not touch my current holdings right now. If it fall, I don't care I will just accumulate more. If it goes up, I will not touch it either.
Markets are moving in cycles so for sure, it will recover in the future and we've seen it already recovering slowly.

it depends on your purpose of buying at the first instance. if its for long term you do not need to bother at short time price actions. what i would do is to sell off if the signals are clear for huge price reversal and buy back in bits. that means you need to keep a watch on the market to see how its performing per time.

I had bought BTC not long ago, probably more than a month ago, in terms of BTC, I'm fine. I was only screwed by buying Ethereum in a relatively high price. Bought before the large dump, it looked like a decent opportunity then, should have waited before buying. It was a bit irrational decision to be honest. I saw a low price (For that time being at least) and bought without much thinking.
Long term is a vague term, I'm not sure for how long I'm planning to hold or whatever, I might sell if I find a decent opportunity.

That market inflations had never to change, it is always there. The market trend will always come with that sentiment and even the stock market. FUDs could be somewhat influential, we know how it changing young minds and never have doubts and sell their cryptos.
But I don't want to say just hold, keep holding, never sell your coins because for the reason that there is a time when the market will dump and lose the chance. Yep, I'd sometimes do holding but not for a long-term goal, I sell them when I already have the best price.

I also often experience a dilemma like that felt by the opening post when investing in cryptocurrency. For example, I buy Ethereum. Sometimes
the price suddenly drops, if this happens I am also sometimes confused. The choice is to sell it immediately even though it is at a loss, or to keep
it HODL, but the price of Ethereum may continue to fall. In the end most of us will panic and sell it immediately, even though the key to successful
investing in crypto is patience.

Because now my experience in the crypto world has been quite a while, I now understand better how to make decisions. My advice is to buy Ethereum
or Bitcoin, which are the two best coins. If the price goes down, don't panic and sell it. But just HODL until the price goes up again, because for Bitcoin
and Ethereum with a very high market cap when the price drops, soon the price will rise again.

I'm an investor and holder of ETH but I don't think that much a lot for ETH. $2k would be the first target and so on and so forth before getting to $4k.

But I agree to you that many are thinking more than those prices and it should have been met since bitcoin has moved a lot from the past months up to this time.

Ethereum is one of the top coins.
Personally, I really like this coin. My portfolio is also mostly decreased, the market is red right now, but it shows a good movement. Because the coin that you bought is Ethereum, personally, I will hold it and I will not worry too much. ETH is sure, one of the best altcoins.
However, the decision is yours, if your stop loss right now is not late yet, do it. But if it is late now, it is better for holding them.

wrong thinking in my opinion, 3 days ago I bought ETH and today I got 5% profit from my previous purchase, don't confuse friends, when the market is correction , the price will dump, but if you believe there is a period of return to hold the token You get a profit instead of selling all the assets, I think you mean the group of people who panic during the red market

You have made a bad decision for buying there before it goes down, so you should not sell it unless it recovers again, there is still a big chance that it will go up again just ho it until you see the result. If you already made a mistake then you should not make it again, you know that volatility of cryptocurrency is existing nowadays so just wait for the right time.