Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? (Read 4008 times)
Here we should always follow a different strategy because every time it is impossible for us to keep on investing all money in one position. When the price drops slightly we should invest 25% of our capital because if the price of coin may increase we can make profit on our investment and if the price drops even more than we will invest another percentage from our holding. We should always plan a different strategy when we are doing placing orders.
I follow the same strategy i've even recently bought at $7,700 level but unfortunately it came down much lower and it was unexpected and due to the quarantine i've lost my regular job and haven't able to buy this critical moment when the price came down to $3000 because i needed the money to buy food and essentials.
:'(I should but this time have not got any money
yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
it is depends because sometimes if the price drops sharply there is no chance to recover again in the market and it will lead to loss. It is depends on the coins that is why it is very critical when choosing a coin to hold.
Yes, you are right based on the coin we choose them in the market and once the price of Bitcoin starts increasing we might see the downfall of the coins. So short term trader will not bother about the price of Bitcoin because at the end of the day what was their returns on the trading they do.
yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
it is depends because sometimes if the price drops sharply there is no chance to recover again in the market and it will lead to loss. It is depends on the coins that is why it is very critical when choosing a coin to hold.
Good day, mates.
My strategy is to buy coins when the price drops sharply.
Sometimes I fail, because the price drops more than I expected.
But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.
With this strategy, I am getting some money so far.
In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.
If you see an opportunity in the trends take it and don't wait to ask if you should buy, it should be a thing where by you analyse the market and know your entry point. And also exist the market. My strategy is to buy coins when the price drops sharply.
Sometimes I fail, because the price drops more than I expected.
But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.
With this strategy, I am getting some money so far.
In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.
Good day, mates.
My strategy is to buy coins when the price drops sharply.
Sometimes I fail, because the price drops more than I expected.
But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.
With this strategy, I am getting some money so far.
In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.
it is a good opportunity for everyone in in the right time we have the the opportunity and we need the opportunity once if suddenly happened we need to use the chance otherwise it will not came again so when the price Rises everytime suddenly it drops it is the right opportunity for everyone to invest. My strategy is to buy coins when the price drops sharply.
Sometimes I fail, because the price drops more than I expected.
But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.
With this strategy, I am getting some money so far.
In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.
I don't have much money to become contrarian like that. Buy when the price drops sharply is too risky. My strategy for now is buy when the price start to go up so if I do it then it will contribute to the increasing price of bitcoin.
Buying in low is most commonly practiced by everyone, but of course, we only used that strategy to a potential coin knowing that it will rise back in a while.It will work well and it gives us more profit compared to buying coins at the start of recovery(as you've said), in fact, the risk will be that high instead.
We need to be wise and do smart things cause this is the only way we could generate more profits.
I don't have much money to become contrarian like that. Buy when the price drops sharply is too risky. My strategy for now is buy when the price start to go up so if I do it then it will contribute to the increasing price of bitcoin.
It depends on which coins are you referring to. That's why you need to go to the community and check their latest updates, if there is no sign of those than most likely you shouldn't buy anything from them because you are just gonna feeding them with your easy money.
yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
it is depends because sometimes if the price drops sharply there is no chance to recover again in the market and it will lead to loss. It is depends on the coins that is why it is very critical when choosing a coin to hold.
yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
but I try to wait, after a fall, so that the price goes up, and at that moment I buy
buying when prices can be used as one of the best moments to keep making profits, we can continue to see if we can make it the best moment rather than not doing it because it is the best opportunity
it's true as an example we buy coins at a low price that can generate profits, so don't ever miss a big opportunity like now because the price of coins is still lowIt has to be this way I feel that when price dips one should be looking to buy as much as possible so that we can invest more when price is lower and make good gains when the bull run happens or price rises . Also this is the best way for me to invest at lower point and exit when your target is reached .
Everyone will understand selling or buying at the right time and profitably, and buying when prices are low or declining is the most effective choice and waiting for prices to rise and sell them to make a profit.
now in my opinion this is the best time because the market price is still low, and you must be sure there will be an increase at the right time and be patient all will be beautiful in time.
now in my opinion this is the best time because the market price is still low, and you must be sure there will be an increase at the right time and be patient all will be beautiful in time.
Well , they say never buy in top neither when it is on bottom , because if you are not sure it is the bottom it can goes deeper!
2 points are not very stable , very top and very bottom , between those would have less risk .
2 points are not very stable , very top and very bottom , between those would have less risk .
Agree. Not at the bottom, the coin should show the potential to grow, change the trend from down to the growth, than I buy
Well you're talking like there's a way for us to determine where the bottom would be lol. Any top coin has the potential to grow given time so ny price that seems to go downward should be a good buy as long as you're comfortable with it. Of course it could always go down more but if the coin has potential, the exit price should be way above your entry point.
It has been a great risk takers only invest why the price was reducing so much that we have expecting if it had been a luck with the support for a investors then he will definitely made some changes in this field but my recommendation not investing and very low price will be useful and the right way also.
If market goes down sharply I don't immediately buy I waight for the market to settle down or when it startsto climb that's the sign that I'm waiting to get in the market. We need only to be Patience.
The price of bitcoin is like a curve, going down then going up. From this kind of thinking, if you buy bitcoin, it should be when the price drops, because it's just waiting for the price to rise.If you buy bitcoin the price is already expensive, of course it is risky because the price is likely to fall. Only down or rising prices are large or small. That's what olreh investors are looking for so that profits can be achieved.
Well , they say never buy in top neither when it is on bottom , because if you are not sure it is the bottom it can goes deeper!
2 points are not very stable , very top and very bottom , between those would have less risk .
2 points are not very stable , very top and very bottom , between those would have less risk .
Agree. Not at the bottom, the coin should show the potential to grow, change the trend from down to the growth, than I buy
That is the method for traders to buy low price of altcoins and always watch the price until it will increase. That's the point so many peoples earn huge money.
It depends on the coin whether it is worth to invest in or not. If the coin has no potential then I would most probably not invest in it but if the coin has potential then I would look how low the price has gone from the past few weeks. I would understand the charts and predict how much the price would increase in future and then wait for the right moment to buy the dip. I wont put in all my money but rather invest a small amount so that I could buy more if it dips again.
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