Best Thing To Do When Cryptocurrencies Price Dumps! - page 9.

Wingleness

jr. member

Activity: 458

Merit: 2

Quote from: Jellachrist on November 21, 2018, 04:41:26 AM

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.......

I often sit back and not bother to check on my portfolios for at least a week else the steady drop in values of assets is enough to give some psychological effect.

joshv06

hero member

Activity: 991

Merit: 500

Quote from: Bessta on November 21, 2018, 11:40:13 AM

I'm keeping myself composed and chillax because panic won't do me well. I dm thinking of buying top alts which are lowest now. This dumps will soon be over that's what on my head now.

Yes keeping yourself relaxed and being cool during crypto currencies price drop. Just wait for your turn and do small investment in best altcoin from which you can get profit when the price increases. These are the few things you can do during price dumps..

Linkkoin

member

Activity: 476

Merit: 88

Online Cryptocurrency Exchange

We actually had a plenty of new registrations and purchases of cryptos on our cryptocurrency exchange. Both from old and new customers (actually one of the peaks of 2018). People do believe, that we hit the bottom this week and this is the right moment to "buy low" before "sell high".

Bessta

full member

Activity: 560

Merit: 101

I'm keeping myself composed and chillax because panic won't do me well. I dm thinking of buying top alts which are lowest now. This dumps will soon be over that's what on my head now.

Baby Dragon

sr. member

Activity: 896

Merit: 272

OWNR - Store all crypto in one app.

Quote from: Red-Apple on November 21, 2018, 05:05:39 AM

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.

Convert your cryptocurrency to fiat and the cash out it to avoid more losses is also one of the good idea. But, there are still more good idea beside that. Buying altcoin is not a foolish idea because the foolish is when you buy altcoin at a low price and you will gonna sell it a low price.

Troysen

member

Activity: 476

Merit: 10

Right now I'm just looking at the market to know what to do, buy a little bit in case the price skyrocketed, but I see it's going to be a slow recovery, so we're not going to the moon soon, the price has already shown progress, there was a change between yesterday and today from $4100 to $4400 and that's pretty good, it can be the beginning of a recovery.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

Quote from: WillyZ on November 21, 2018, 04:47:00 AM

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.

I like you mentally regarding down market. There's nothing we can do about investors dumping their cryptocurrencies. As long as you believe in cryptocurrency, there's nothing to worry about. You just need to set your mind to long-term investments where these kind of news won't have any effect.

RonF

jr. member

Activity: 98

Merit: 1

HODL is the key to wealth

The trick to becoming wealthy in investment:

1) Sell when mass of people are buying.
2) Buy when the mass of people are selling.

Simple. Effective. Profitable. And rarely done except by the wise and experienced person who are few and far between the masses of people that are like sheep in everything they do.

Thank me for my suggestion or carry on with your methods of loss, the choice is yours.

tramadols

full member

Activity: 239

Merit: 100

CAT.EX Exchange

Quote from: Jellachrist on November 21, 2018, 04:41:26 AM

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.......

yes, that is true and I agree with your review. but in this case we have suffered huge losses and there is no capital to buy back, this is what I experienced as the biggest loss this year in bitcoin or altcoin investments.

camelson

copper member

Activity: 1386

Merit: 1000

Quote from: A7373 on November 21, 2018, 07:02:26 AM

Your strategy is quite risky. I prefer to invest in such a situation in ICO projects. Not a fact that you will earn, but at least not loss...

Invest in ICOs at this stage is very risky, many of them are a scam and the one which is legit pauses their crowd sale because of the market situation. The best option is to invest in the potential coins which are already listed on exchanges.

self love sisters

jr. member

Activity: 34

Merit: 4

Best thing to do when cryptocurrencies price dumps.
-I will accumulate more cash to add more in the future when the price starts showing life again.
-Add more knowledge about crypto and blockchain as I believe that the biggest investment I can make is investing in myself.
- I'll help more people/ communities who want to know more about crypto as lots of us see crypto not just a mode of investment but a gateway to independence and revolutionary.

Crafts12

full member

Activity: 405

Merit: 105

Quote from: WillyZ on November 21, 2018, 04:47:00 AM

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.

https://www.youtube.com/watch?v=MAcFrToY0Uw Cheesy

I agree! When the market is low I would relax, buy the cheper or even cheapest bitcoin or coins then do the holding so that when the bull-run hits once again I can sell and do some tradings. In that way, I can earned more than what I have expected. Cryptocurrencies' price dropping downs does not means it can't recover. It is only a challenge.

gamechangers

member

Activity: 392

Merit: 10

Sincerely the best thing anyone can do during the time cryptocurrency price falls is purchase more coins at a very cheap price, at this time when the cryptocurrency market is bearish, you can get exorbitant prices for your altcoins. One can make purchase at a very low price and sell at a higher price when the price goes up to enjoy more increase in profit and values of assets.

Buttermellow

member

Activity: 462

Merit: 14

Buying crypto will be best but if you do not have that much money left then hold your bitcoin. There will be a good time for it and we will just have to wait for the right time. This is cryptocurrency and we could not really predict how the market price movements works yet we can do some good things on it and take advantage especially for market price volatility.

Jennifer.mathew731

newbie

Activity: 14

Merit: 0

Bitcoin will be trading high but before that there will be a significant amount of volatility before it actually hits those levels.The problem is that because of the significant fall,most of the retail investors are not pumping money into Bitcoin. Sit back relax let the dust settle down. Bitcoin is the future; Fiat is Past.Professionals predict a good future for crypto.

shafi alam

full member

Activity: 630

Merit: 100

Quote from: A7373 on November 21, 2018, 07:02:26 AM

Your strategy is quite risky. I prefer to invest in such a situation in ICO projects. Not a fact that you will earn, but at least not loss...

Well in other case, in this time ico project getting more horrible, most of them are shit coin.

worldofcoins

sr. member

Activity: 1820

Merit: 418

Telegram: @worldofcoinss

Quote from: Jellachrist on November 21, 2018, 04:41:26 AM

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.......

It takes a certain character to be able to do that and especially risk losing your investments in case of market crumbling. I prefer to chill and wait until the markets start recovering.

shafi alam

full member

Activity: 630

Merit: 100

Its a way of thinking,

if anyone can look at the thing like oh my god huge dumping. that can't help with any thing.

But if we consider that oh that's the time for investment, that will the good way for crypto market.

So, Obviously im going to buy some good coin. (Not the crap one) Grin

Bitdressa

member

Activity: 303

Merit: 12

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.

hubballi

sr. member

Activity: 882

Merit: 297

I never dont care about dumps as i am working for Bitcoins and i earn free bitcoins by giving my skills against bitcoin payment. I just convert my earned bitcoins to fiat currency as much i need for my expenses. As i know that Bitcoin future is very good and this type of dump are normal as like we are seeing price bump also. So who are real traders know that this dump are to buy and when it start to bump that time start to sell.

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