Topic: Best Thing To Do When Cryptocurrencies Price Dumps! - page 3. (Read 1747 times)
When the price dumps, you need to stick to the chosen strategy if you have one. Don't fall in the trap of misbelieving created by people that don't know the history of btc. You can either buy more or try to trade and increase the number of coins at stake.
Well, in my case when the market is down or get dumps, what I usually did was holding my coins or just applied being a bullish so that I don't have any reason to think about the risk and through this things I can also maximize the possible risk too. Then, try to look other crypto that are cheaper and has a potentials to rise up again in the near future, in short take the chance to buy them then hold.
If all the crypto coins decline like today I would better look at the daily chart to observe, I don't want to be fooled by buying in a hurry but it turns out there is still a deeper decline
Yes, makes some observations and wait for the right time to buy while cheap will be the best and not in hurry to make some buy orders. I have a feeling that the bottom price will be around $2k and if it is reached then I will consider to buy without the need to wait for further decline.
I prefer to you to do day trading, but day trading is not easy as you think. There are many dumps that still happening in the market so you need a lot of information before you enter day trading.
I would sit back, relax, listen to some crypto covers on YouTube, laugh and wait for the next bull-run while accumulating as much cheap coins from the market as I can.
This is the best thing for us to do, this is the time to invest not and not to leave crypto currency like what others did "they quit on crypto currency and just take their big loss like that" but they dont think on the positive side of this situation.
If you still believe in cryto, best thing to do when price dumps is to buy more. You need to determine your strategy. Dollar cost averaging is a good approach to get into the game. There is not one person on the planet who can guarantee where this market will be 3 years from now. Too many variables involved. Historically, the market has always made some gains in the month of November - but not this year. This could be a sign that further downside is about to happen. I wouldn't be surprised if consolidates in December.
That's very good, you use your money to buy at this time. Where prices are down and there is market panic, you are using these opportunities. Just waiting for the best time and releasing it again.
If I were you, I will keep stay still because I have feeling that bloody market isn't over yet until the end of the year
But if you want to purchase small amount in a flash, you can do it as long as it already reach the lowest value in the season that usually we called "support" zone
Really what you say. When the crypto currency market situation is very bad like this then this is our chance to buy as many coins as possible at a fairly cheap price. I used to imagine that it would not be possible to buy a bitcoin that costs hundreds of millions but after the market declines, I can buy bitcoin at a cheaper price. This opportunity is truly a good opportunity which we should not miss. We must take this opportunity to buy as many potential coins as possible. I am sure that the crypto currency will be potential in the future. Seen from the technology, in the future there will be many people who use this technology so that later we have a great opportunity to sell the coins that we buy now at a very high price. Crypto currency is very potential for the future but we must be patient.
That's very good, you use your money to buy at this time. Where prices are down and there is market panic, you are using these opportunities. Just waiting for the best time and releasing it again.
the good we need to do now. when you see the price of bitcoin is down. time to buy. and long-term investment. it's more profitable than that. short term investment ..
Do study the market and the token you want to have at low.
There are so many great coins that fall on the bear market especially when bitcoin is bloody.
That is the best time to pick the best potential in the low market to gain the maximum possibility.
There are so many great coins that fall on the bear market especially when bitcoin is bloody.
That is the best time to pick the best potential in the low market to gain the maximum possibility.
I believe the best thing to do in a falling market is first to hodl it, then keep adding coins to your existing portfolio at dips to get an average of your prices. I also believe one should be wise just cause it's cheap, and affordable one should not buy those alts. I would recommend adding bitcoins at every dip to your portfolio, cause these're really affordable levels and once they rise they'll give very high returns.
Keep calm and wait for the market to recover. or if we have capital, buy bitcoin satoshi. because the value of bitcoin is very low and this is an opportunity for us to add bitcoin. and for the current situation, don't buy altcoins, I think it's very risky because altcoin has dropped very drastically and there's no guarantee that altcoins can return to pump because most altcoins experience dump crashes and become zero.
or if you don't have capital, keep calm, we just play games or vacation while waiting for the bull market.
or if you don't have capital, keep calm, we just play games or vacation while waiting for the bull market.
the best thing when prices are down is to wait for prices to rise again and also start to stabilize on the market which may now be down and also falling which makes us sell it doubt and there is no certainty that the price can go up or down.
Life is not all about Crypto Currencies even if a person invested all he got on this very risky and speculative industry. Chilling is also a good thing to do to escape the frustrations and some sort of depressions that a person will feel in this very wild industry and watching some movies will help to make the mind more relaxed at this very bearish market. 
Right, the best thing we do if the price goes down is to wait and not to panic cause we know this is only a temporary and soon it will recover again in the market. Bitcoin value is unstable and we don't when it happened of up and down the value.
Hodling is the only best way to do when encountering this kind of situation in the market, a very bearish market. Selling at this time is not the best way to do but buying might be if a person still has funds to do it but it is quite risky too. It will really also help a person not to look at the Coin market capitalization site from time to time during the bearish market because it will just make a person uncomfortable or frustrated especially when that person is hodling a huge amount of coins and he/she will see it going down.Staying calm at this point in time is a must rather than losing your mind on the downtrend of the crypto currency realm.
This is really a very good time to buy in my opinion too. You get the good stuff at a low cost and it wont be available for that price forever as we all know. If i happen to have a lot of "extra" i am definitely buying too. I do have some stock but they are still in paper loss, no plans of selling what so ever. Will definitely do what i can to bag some more whenever possible though
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.......
Best Reguards
JellaChrist.......
It is not simple as you thought. When the cryptocurrency dumps, you will never know if it will continues dropping or immediately correcting back to the previous price. When the price dumps, the best thing to do is just hold your action and keep monitoring the market price to observe.
But if you know something will happening in crypto later, buying at this low price is the best thing to do.
the best thing that can be done when the price of a cryptocurrency dump is to buy more, but we don't buy carelessly, choose coins that have a large capitalization and trading volume. this will minimize the risk of loss. but for those who don't have capital when the market goes down like this what can be done is to stay calm and hold on. and always think positively that the market will return green. this will avoid us from stress.
It is a good strategy, but only in case, when you choose good cryptocurrencies. today, when the market is down, it is better not to risk to invest in unknown tokens. Trust top-20 altcoins.
Do you have any other option more than holding? Let us know if you have some other stuff. BTC is under $4k now such instances cannot be tolerated by small investors. It's really hard to think about the losers in this crypto, guys just hodl coins for a good return.
If all the crypto coins decline like today I would better look at the daily chart to observe, I don't want to be fooled by buying in a hurry but it turns out there is still a deeper decline
when the price in cryptocurrecy dump you should keep calm and patience. donot take any decision in panic because the decision during panic will always give you loss.In crypto you have to follow the planning that you made during first day of investment and donot need to panic at dump market.
Do study the market and the token you want to have at low.
There are so many great coins that fall on the bear market especially when bitcoin is bloody.
That is the best time to pick the best potential in the low market to gain the maximum possibility.
There are so many great coins that fall on the bear market especially when bitcoin is bloody.
That is the best time to pick the best potential in the low market to gain the maximum possibility.
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