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Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? - page 4. (Read 4008 times)

sr. member
Activity: 658
Merit: 251
VIMee - Social Network
November 09, 2018, 11:40:33 PM
Sharply it is not very good to buy because suddenly the price will drop even more. So we have to be very careful with the potential coin because we might think the price will fall sharply and suddenly the price of the coin will fall even more. So we have to be very careful with the short term price down.
full member
Activity: 406
Merit: 100
November 09, 2018, 11:00:24 PM
well it depends on the kind of coin if the coin that i am eyeing to buy is doing a good performance and has a potential to grow well definitely i will invest to that specific coin in times of sharp deep because who knows if it boost upwards it is a good gain for us.
full member
Activity: 392
Merit: 103
www.daxico.com
November 09, 2018, 09:09:18 PM
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.  Cool
When there is a sharp drop I don't immediately buy the coin I have to wait for a small spike then buy cause most of the time a short spike is a signal for price reversal. And that's an effective strategy with less risk.
full member
Activity: 588
Merit: 104
November 09, 2018, 07:30:55 PM
We never know where exactly the bottom is, but we can assume.
There is no perfect entry point, but I also buy coins after they had sharply declined.
If it further drops it is a good strategy that you mentioned to buy more and have an average price which will give you a good chance to make profit when the market recovers.
full member
Activity: 504
Merit: 100
November 09, 2018, 07:21:43 PM
it is very good for your trading strategy and I really like your way, and I also use that method, because I am sure it will be very profitable for us to trade.
hero member
Activity: 1008
Merit: 501
November 09, 2018, 11:35:02 AM
 
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. Cool
Yes as always you should buy in a sharply prize and basically sell it in a high price in order to gain profit.
Be careful do not to be fooled by price changes. because the price drops sharply it is not necessarily the right time to buy. the most important thing is to use analysis first before buying it. whether the price is the lowest price or there will be a falling price again. You can analyze it so you don't make the wrong choice
copper member
Activity: 182
Merit: 1
November 06, 2018, 01:17:16 PM
yes of course when there is a financier just better to buy, while the exchange is still low price. we do not know when it's going to increase but we need to wait until the right time to sell.
full member
Activity: 518
Merit: 100
November 06, 2018, 12:07:21 PM
Usually, I buy when the price drops sharply, but in some conditions. If I believe that the coin is really valuable and after studying the chart I get convinced that its price is going to increase again highly, then I buy and hold until the price start to rise up again.

When the market is falling, I buy only those altcoins that have a good potential to grow. Everything depends on the project, and on the market capitalization. For instance, I trust TRON, and when it falls again, I will buy more alts.
full member
Activity: 672
Merit: 100
November 05, 2018, 02:02:30 PM
of course, this is an opportunity that won't come twice. especially if the coin that drops is a coin top 100 in coin market cap that has the potential to increase in the next month and then I will invest my money for gamble on the coin I bought
full member
Activity: 926
Merit: 100
November 05, 2018, 12:17:03 PM
I will buy as much as I can and as much as possible not to miss the golden opacity because the falling cryptocurrency price will not often occur
full member
Activity: 644
Merit: 101
November 05, 2018, 12:01:12 PM
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.  Cool

I do buy when the coin really have potential or sometime already did pumped a 100% increase. If you see a good pattern then give it a try since there is already a guide when to trade. A proper utilization of price charts can give you a good look on your future profit. There are still promising altcoins that are still sleeping and maybe one day you'll realize that it is just a sleeping giant.
full member
Activity: 1292
Merit: 101
Vave.com
November 05, 2018, 10:57:38 AM
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.  Cool

You are just following a simple strategy but it is so difficult on different stage.There are lots of things relevant on trading that's why you have to learn first. i want to suggest you to see the technical data like RSI. You don't buy if the coin don't touch the oversold stage either the drop is sharp.Go with this strategy hope you will earn better than now.
full member
Activity: 504
Merit: 100
November 05, 2018, 10:54:11 AM
when the price falls very deeply and the price becomes very cheap, I will buy the cryptocurrency and wait until the price rises again because the cryptocurrency will not always be cheap prices, surely someday the price will be very expensive.
member
Activity: 472
Merit: 10
November 05, 2018, 09:55:06 AM
In the bear market, i am using this startegy. When the market drops sharply, i often buy and hold. After some time when the market rises again, i sell. In this way i have gained a small profit. But you have to be careful, as the market can go down even further.
legendary
Activity: 3500
Merit: 1354
November 04, 2018, 09:19:33 PM
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.  Cool
Well buying when the price drops sharply is really a great strategy to do but now i am sure that many people is not buying a lot of coins because the market is unpredictable and i know many people now dont have a lot of money to buy more coins.

Buying when the price drops sharply is not always great strategy as there is no guarantees that the price will raise after the drop. It can be even get lower and lower after you buy it, so the we need to know when is the best time to buy. I would prefer to wait a small pump after the drop or wait for a sign where I think that the price is going to raise.
sr. member
Activity: 882
Merit: 260
November 04, 2018, 07:56:10 PM
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.  Cool
Well buying when the price drops sharply is really a great strategy to do but now i am sure that many people is not buying a lot of coins because the market is unpredictable and i know many people now dont have a lot of money to buy more coins.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
November 04, 2018, 03:36:07 PM
but sometimes the price drops even deeper.
well I guess your idea is good enough to do that but what happens if the price keeps going down, will you buy it again? or sell a loss? or hold it back?
but it depends on which coin you buy, if the coin is good I think it will improve soon.

It's true, sometimes drop could be the sign of even bigger dump but still it's better to buy than to sell and that exactly is the one of the most common mistakes that users make.
If you are a long term investor you will recover your investment sooner and later and time for buying is always when the price is low not when it's rising high.
It's only important to make the right estimation and not to sell to soon. So be sure that you can wait long enough and that you don't need the funds you have invested.
full member
Activity: 812
Merit: 100
November 04, 2018, 03:11:14 PM
I buy when the price has shown a good increase, this happens because we do not have to be in a position that cannot be ascertained. so when you see the price of a coin in a period of increase it might be a sign that it will be a good price in the future
full member
Activity: 462
Merit: 100
November 04, 2018, 02:43:42 PM
but sometimes the price drops even deeper.
well I guess your idea is good enough to do that but what happens if the price keeps going down, will you buy it again? or sell a loss? or hold it back?
but it depends on which coin you buy, if the coin is good I think it will improve soon.
sr. member
Activity: 882
Merit: 250
November 04, 2018, 01:17:37 PM
It depend on the kinds of coins you are planning to buy. Coins like bitcoin, ethereum, ripple and other top coins are good to buy even their price sharply because they are already known to recover later. Coins with no purpose will take a long time before bouncing back and other just never recover at all. Research the coin you want to buy to find jf that coin has the potential to go up after a sharp fall.
Exactly. Always the market provides us chance to buy coin, especially if you capitalize on the sharp drop, you can have opportunity to get a significant benefit but it also depends on coin you choose. Almost all people in crypto community have known a renowed method, that is “ buying low and selling high”. As you know when you buy coin with a lower price, you may partially reduce the loss as well as the risk. However, most importantly, to reap fruits, it also depends on your patience, because the price will not rise quickly, sometimes you have to wait for a very long time.   

If I trust the token and believe that it will not fall anymore, then yes, I buy it. If not, I am waiting for the time when the altcoins can reach their bottom. Only after this, I take a decision to invest in these cryptocurrencies.
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