Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? - page 18. (Read 4008 times)
I never do that because this more risk, i dont know till which level the price will stop going down. Its better wait patient and when the price make candlestick pattern of bullish engulfing , this pattern is signal to buy. Volatility of crypto so high so the price can be drop more even already drop more than 50%. Buy when the price already in the bottom and long consolidation is better and less risk, because the price will easy to going up.
Hmm. easy to tell hard to do. Can you explain more what a sharp drop is?
Because by experience not all dump will afterward pumps.
a sharp fall occurs if prices decline by more than 30 percent in a short time. this will cause the market to panic and could make a lot of people increasingly panicked selling their assets. it depends if the pump is a natural pump. Because by experience not all dump will afterward pumps.
Buy low and sell is the only strategy that everyone uses to make timely profits and if you see price dropping sharply then without wasting any time you should buy as many coins as possible and instead of buying bitcoin you should buy cheap altcoins that has potential to rise in future as it can pump very sharply and it can give you better profits in compare to bitcoins.
Definitely yes, I am doing too. But of course, research more on the coins or token to buy because it might be its last hurray and never comeback to its highest. Check the devs social media updates, check the community if active and decide.
to determine the potential is the price of that coin you will buy still have possibility to rise again or not?
Yes I use to buy when the price drops sharply but I do buy a good and great coin or token. However, before I buy any token or coin I use to read the white paper and also get more information about the token. Wiseness is the order of he day when you want to buy token. Also,f you buy a good token to can make profit only if you hold to let that time comes.
Buy low and sell is the only strategy that everyone uses to make timely profits and if you see price dropping sharply then without wasting any time you should buy as many coins as possible and instead of buying bitcoin you should buy cheap altcoins that has potential to rise in future as it can pump very sharply and it can give you better profits in compare to bitcoins.
Definitely yes, I am doing too. But of course, research more on the coins or token to buy because it might be its last hurray and never comeback to its highest. Check the devs social media updates, check the community if active and decide.
to determine the potential is the price of that coin you will buy still have possibility to rise again or not?
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.
In trading it is like win-win situation, lose-lose situation or win-lose to lose win situation. It is gambling you must really to gamble but after you experience everything that you learn now you will have your strategy that you can use since you are now well learned from your mistakes. You are right, having strategy in trading can make you win, 100% sure. 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.
when price drops steep there may be continually a pumping in fee further. every person might not experience confident about similarly charge growth, only a few has the mentality and agree with that the boom will appear and make investments exact. I personally do not have an awful lot to buy. however buying at steep drops is constantly correct.
Buy low and sell is the only strategy that everyone uses to make timely profits and if you see price dropping sharply then without wasting any time you should buy as many coins as possible and instead of buying bitcoin you should buy cheap altcoins that has potential to rise in future as it can pump very sharply and it can give you better profits in compare to bitcoins.
Definitely yes, I am doing too. But of course, research more on the coins or token to buy because it might be its last hurray and never comeback to its highest. Check the devs social media updates, check the community if active and decide.
to determine the potential is the price of that coin you will buy still have possibility to rise again or not?
Hmm. easy to tell hard to do. Can you explain more what a sharp drop is?
Because by experience not all dump will afterward pumps.
Because by experience not all dump will afterward pumps.
I conform to you sir downtrend is a brand new opportunity yo purchase extra bitcoin or etheir altcoin in a low price I also wait that time to stock extra proper altcoin because a bit bit pump up can give you appropriate earnings, I always search for latest new if theres an replace regarding what appear to the marketplace this could give you an concept if the market going to bearish or bullish.
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.
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.
Yes, I buy automatically because I see it as an opportunity to buy and purchase morw for us to have a good hodling or investment that would provide us a good gain in the future. Some opportunities should be embraced like it would only come once don't take the risk of waiting for nothing.
Me.
I'm lucky person.
i buy at price lower.
Happy to profit
I'm lucky person.
i buy at price lower.
Happy to profit
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.
No I don’t rush to invest money when the price of bitcoin drops sharply. I give it sometime to watch what will happen, whether it will continue to drop or go back up, I don’t want to make a mistake. There was a time the price dropped sharply and I rushed in only for it to continue to drop further after I have invested. 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 lost about 10% of my investment before withdrawing to cut the loss and immediately it started going back up, I invest again and made some profit.
buying the coins when the prices drop is first step to be a crypto trader we can sell the coins when the prices get pump this is the safest strategy for growth phenomena
First you need to look into the reason for the drop. Sometimes it is because a scam has been identified, for example bitconnect dumped like crazy when the funds from the Ponzi scheme ran out. Surprisingly it is still trading, but definitely not worth buying
It will be a good time to buy when the price of a cryptocurrency drops sharply because it will have a comeback. But we need to make sure of what coin is we wanted buy in. Some reasons why coin being drops sharply is because the coin is a scam coin so we need to make sure to read or to be being updated in the news about that coin before buying.
Yes ofcourse!,but you know what sometimes we think thats Red is a dump,some whales are waiting to dumpppp more,that's why my stragedy is buy hold and wait until the end hehe,and always make sure that coin you bought is for long-term like #xrp #iota #str,always put in mind the coin you bought is in the top 10 only..
I just set my buy order and leave it and check again the next day or adjust it. If my order is reach its fine if not then I adjust it again. So far my target price is not yet, since I set it much lower than expected.
Yes ofcourse!,but you know what sometimes we think thats Red is a dump,some whales are waiting to dumpppp more,that's why my stragedy is buy hold and wait until the end hehe,and always make sure that coin you bought is for long-term like #xrp #iota #str,always put in mind the coin you bought is in the top 10 only..
Yes i buy the coins when price is falling sharply because it provide me the opportunity of instant profit some times. When ever i buy I got good profit. If you are seeing that the price of a coin is dropping sharply then i suggest you to buy that coin.
It is hard to time bottoms, but no harm in getting low as possible
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