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Topic: Best Thing To Do When Cryptocurrencies Price Dumps! (Read 1754 times)

newbie
Activity: 101
Merit: 0
When Cryptocurrencies price are down that is the best time to invest more in crypocurrencies. I think down of crypto currency price is the opportunity to make your found double. Best thing to do then just relax.
sr. member
Activity: 1009
Merit: 328
For me the best thing is to relax yourself go out or play some video games ,
Don't stress yourself because of the market it wouldn't help you with your problem.
The bag thing to do is not maybe not to play games the best thing to to when crypto price drops is to buy more cheap and potential coin and wait for the update of the crypto price for good. Because from the start we all know that crypto is really unstable and anytime the price may rise up high or drop down.
sr. member
Activity: 854
Merit: 251
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For me the best thing is to relax yourself go out or play some video games ,
Don't stress yourself because of the market it wouldn't help you with your problem.
hero member
Activity: 2170
Merit: 503
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buyback at a lower price, is very loss if you only do the hodl, and can't take advantage of the epic moment of this cryptocurrency
many people panic who sell their crypto assets, so when prices are cheaper, I prefer to be quiet and tend to buy rather than sell BTC
I don't want to regret for the third time just because I panicked selling
well, starting from holding back, to buyback. everyone has their own steps in this matter. but, for me, I just thought of holding back, or waiting for a moment. maybe I will sell some of the assets, and some of them I will hold for the future.
full member
Activity: 1218
Merit: 105
Best thing is to compare price charts of cryptocurrencies while all markets are down. Noone can predict the future or outcome but we can act with enthuasism
What does comparing price charts do anyways? The market moves on it's own and like what's happening now, it's moving quite randomly. I didn't notice a lot of experts predict that the price could go this low especially during the last quarter where we usually finish strong.
Same question LOL, Grin That's correct most of the experts are predicting that the month of November will be a bullish month and it showed all the signs but some predicted it's not and it will be going to fall but they didn't expect that is will fall sharply like we are experiencing now. This industry is way too different from the stocks exchange that those economist and financialist know and this industry is really unpredictable but speculators really like this kind and set up of an industry with higher risk and very volatile market.
Patience is the key in this bearish market and downtrend situation of this digital economy world.  Cool

Depends on when happens this dump and if there is an any reason of it. Fot example when any major exchanger got hacked or stopped withdrawals and you see price fall, in this situation it recovers very quickly, I prefer to not do anything. But when fall happens suddenly and it's dramatic, I would sell bitcoins immediately, would wait for more fall and then buy again with the hope of rise, finally I have more coins possibly with more value in future.
That looks riskier to me if you sell everything and wait for another dip because sometimes it turns out the other way and when you expected for a dip all in sudden it will have an uptrend. But it's quite a good strategy for high-risk takers that wanted to try their luck or speculation abilities in the crypto market. I already tried that kind of strategy before for many times but I always fail on that thing and whenever I predicted the market to go down more it will go differently from my point of view, I guess I'm not lucky enough on that strategy. Cheesy
full member
Activity: 501
Merit: 147
Cryptographic forms of money experience a progression of market changes, "with a large portion of the ongoing variances winding up in a sorry situation". In such occasions, individuals do get frightened and befuddled. That is on the grounds that they consider it to be a misfortune. However, for me, I don't see it that way. Rather, I consider it to be an extraordinary open door for MASSIVE speculations with HUGE benefits. How? It's simple! At the point when the estimation of the Cryptocurrency dumps, it makes purchasing considerably more reasonable. With this, I 'Purchase In Bulk', watch the market changes, and clearly, when advertise values hit their pinnacle, I Sell! Making an 'Immense' heap of benefit. what's your take? just my opinion.

Best Reguards

JellaChrist.......

For me since I have a little stock in different Flatform I have Token and Coin but I decide to stay Hold my stock  while the price dump, we need to be wait until there is a good news come up. we always monitored the price everyday watching the trend of the block chain market and if we have a little capital we may buy a large volume of stock because this is the time to buy a low price.
member
Activity: 321
Merit: 10
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I think that crypto price is volatile. To my mind, it will increase with time and it will never decrease again or not in the nearest future because crypto will be of great demand because it has many pros
jr. member
Activity: 182
Merit: 1
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when the market is falling, I do not advise you to go in and read the news at all, as they are pushing for wrong thoughts and wrong actions
hero member
Activity: 1470
Merit: 558
dont be greedy
buyback at a lower price, is very loss if you only do the hodl, and can't take advantage of the epic moment of this cryptocurrency
many people panic who sell their crypto assets, so when prices are cheaper, I prefer to be quiet and tend to buy rather than sell BTC
I don't want to regret for the third time just because I panicked selling
hero member
Activity: 2352
Merit: 905
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Depends on when happens this dump and if there is an any reason of it. Fot example when any major exchanger got hacked or stopped withdrawals and you see price fall, in this situation it recovers very quickly, I prefer to not do anything. But when fall happens suddenly and it's dramatic, I would sell bitcoins immediately, would wait for more fall and then buy again with the hope of rise, finally I have more coins possibly with more value in future.
newbie
Activity: 27
Merit: 1
 Huh Huh Huh Huh Huh Huh Huh Huh Your best choice is to cash out and stay out for as long as the cryptocurrency dumps are going on. specifically if you are in altcoin market because the dumps there are always big and they last a long time. for example buying altcoins now is foolish unless you are buying altcoins that are currently getting pumped in the current market situation.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley
member
Activity: 434
Merit: 10
Most people the volatility of cryptocurrencies as a burden and a disadvantage but if you realy study the market critically you will realize that this is the opportunity that crypto enthusiasts earn from cryptocurrency investments. Buy the dips and sell when price rises. This is very simple folks, do the math Smiley
sr. member
Activity: 672
Merit: 250
The solution when bitcoin experiences a dump that is possible for me is to sell half the losses from my profits and after that be patient until the price of bitcoin rises again
but if I'm alone with a bitcoin condition like this then I will still buy bitcoin for me to hold it in the long run, because I am sure that later bitcoin will definitely experience a high price increase to become expensive in value
member
Activity: 448
Merit: 10
I think there are only two viable strategies when we talk about dump, since the pump is gone, it does not make much sense to continue hodling waiting for it to go up because it will still be a while before that happens, so it is best to trade to take advantage of the price differences that have the market, it is also good to buy more, but it is a little riskier because nothing ensures that btc goes up again.

newbie
Activity: 29
Merit: 0
The best thing to do is to simply forget about it completely. Emotionless and completely calm. The way I look at it, it will go up, it has to and we all knew that cryptocurrencies are volatile when we got ourselves into all of this. The ups come with the downs and that is the fact. I have never looked at it as an easy money and the only thing that I regret now is not having enough money to give it another go. But maybe the better option would be to try with a portfolio of tokens as well. I strongly believe that there is another BTC out there and that it can be a good mind to the ones who can recognise the potential. I have been checking the new technics that have been applied to creating new outcomes and all alterations that have been made in order to repair flaws as the BTC. There is something that is called BTCN and it is hilarious how the name rings a bell, right? This altcoin reached coinmarketcap and as far as I can see, their dev team gives updates almost daily! First, I thought that it is simply repair of all bugs and needed improvements, but they are still developing it and expending practically daily. I am considering putting a side certain capital and playing a rolled with it. I would like to select 10 or 15 outcomes, investigate them thoroughly and invest a certain amount in any that seems appealing. Maybe I will be in the company of BTC wales once.
member
Activity: 420
Merit: 20
simply getting the job done
I can only envy your confidence. If everyone knew that in a year or 2 Bitcoin would cost 2 or 3 times more than now, I certainly would have done the same. But I have a bitter experience of trading on the stock exchange, which constantly tells me that what is cheap now can cost even less. Unfortunately or fortunately, but no one knows what will happen next with cryptocurrency. That is why many people sell their bitcoins. This is the fear of the unknown.
sr. member
Activity: 896
Merit: 267
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When I see a dump price, I have choices to do like I will buy more token or I will gonna hold my token. But, once we face the scenario of big dump most of buy token then we will hold and I always do that. The only reason why I always do that is the money.
full member
Activity: 826
Merit: 104
actually when bitcoin dump many people suffer bcz of their weak hand.in my opinion when bitcoin price dump its wise to keep relax and hold patently.
and he can accumulate bitcoin in every dip.
member
Activity: 420
Merit: 10
The solution when bitcoin experiences a dump that is possible for me is to sell half the losses from my profits and after that be patient until the price of bitcoin rises again
copper member
Activity: 280
Merit: 0
Many people suffer from this when the price drops below the crypto market. And many people find a good opportunity to earn money. Because whenever people want to invest in the crypto market. So he is waiting for this time. Because the investments made at this time get good profit in the coming time.
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