DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? - page 7.

fauzan Ichsan

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Quote from: stellgod on October 15, 2018, 02:45:27 AM

Quote from: wipeout0 on February 28, 2018, 05:39:18 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

That it drops sharply doesn’t mean that it will also rise the same way. It might even continue to drop from there, or if you’re lucky then it will rise. So when the price of any coin I’m interested in drops so quick, I don’t go for it immediately. I will first watch the market and see what follows and also seek for other people’s opinion before I invest. It can drop quickly, but that will not be the lowest.

if i look at the trends that occur, and start placing buy orders on support. but i did it gradually, so to buy at the next support I still had capital. unpredictable price fluctuations, i think it's better to trade safely

stellgod

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Quote from: wipeout0 on February 28, 2018, 05:39:18 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

That it drops sharply doesn’t mean that it will also rise the same way. It might even continue to drop from there, or if you’re lucky then it will rise. So when the price of any coin I’m interested in drops so quick, I don’t go for it immediately. I will first watch the market and see what follows and also seek for other people’s opinion before I invest. It can drop quickly, but that will not be the lowest.

Mainman08

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Yes because its the right time to buy. But I only choose those cryptos that are good and has real use. Because those cryptos has the highest chance to grow up big.

Ucy

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Yes, almost all the time... especially for the established Cryptocurencies. The sharp falls are always the best opportunity to buy some cheap coins. Back then they always rise back up no matter how long.
Best for the patients ones and the risk takers

kanmo

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Just drops sharply means "wait a sec" for me. Just buy it without know or wont to know next movement is bad action. Before buy we should do some TA to know where the next price will be, if its still can going down them wait for it and make a bid.

I will tell you that its very difficult to know when the price drop of any coin will stop. For instance, when ethereum drop to $400, a lot of people said its the best time to buy ethereum but later on ethereum price drop to below $200. Therefore its highly difficult to know when price drop will stop.

enwi

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I think, to be able to succeed in the crypto currency, we have to know the right time to buy and sell, and I think when prices go down, it becomes the best time to buy, so I will take the opportunity to buy and wait for the price to rise again.

Robertqueen2

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Buying when prices drop drastically is a good strategy if you buy insured coins that will certainly surge in the future. When this strategy doesn't work, it is better to invest all your money in Bitcoin and Ethereum.

SunJAB

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Quote from: tothanhtuan on October 11, 2018, 03:38:52 AM

Be careful not to buy the coins after the hype gets all big. For example, buying TOMO or ETN right now, you already missed it. Look for the coins that were super hyped about 4-6 months ago that are totally dipped down, but have good prospects for the future and you should have better results.

Now I think I should buy ETH is the most worthy and reasonable, because now many people have abandoned ETH and sell them at extremely low prices, in my opinion should buy and hold them for a long time. . It is possible that the market will rebound later this year or early in 2019.

the13thsymphony

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Yes I buy when the price drops sharply . You should buy when the price is dump. Buying at pump wont makes you a high profit, but do not buy with all your money cause the if you lose and you put all your money on it you will not have excess money that you can get in case of the emergency. Just invest 30% - 40% of your money so that if you lose their is something that will save you from your lose.

tothanhtuan

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Be careful not to buy the coins after the hype gets all big. For example, buying TOMO or ETN right now, you already missed it. Look for the coins that were super hyped about 4-6 months ago that are totally dipped down, but have good prospects for the future and you should have better results.

barabarian1

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no one knows for sure the state of the market from the next day. then I agree with your opinion, that we must buy when we are sure that the market price is below. and we must be patient when our speculations are not what we expect. we must realize that cryptocurrency is fluctuating. and we must be sure that in every failure there will be success.

iamaruf

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In my rules buy coins in two steps.
1. when market is down
2. when roadmap is working and they share their latest update social media and forum

when market down try two buy 2 steps.
buy 50% 1st then wait fed days then if market goes down and you think now it times to pump then buy again 50%

yulionoo

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Yes, I think the majority of people use such strategies in buying cryptocurrency. but I suggest using a strategy like that for potential coins, or the top coin 10 in cryptocurrency. I do not recommend such a strategy to be used for newly emerging coins. I think that will minimize the risk you get. because I see the new coin that appears from some existing coin ico, has the potential to crash. every time we want to buy or trade, we must think about the risks that are in the coin that we will buy.

imsotiredofmoviereboots

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Yes, I did but I finally realized that it was very risky.The true price drop really happens when its price for around for 5-6 months because I was wrong to assume it will stop falling after it drops suddenly. I bough it but then it drop and drop again in the next months but stabilized in the next 4 months.

Pattart

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Quote from: Kira_lapa on October 10, 2018, 06:04:27 AM

When the market falls it is best to buy coins that go to the top 100. However, I advise you to analyze each and follow the news, because after the fall, not all coins rise. There is fierce competition in this market.

Thats right, when the price goes down you can't randomly choose a coin even though it's from the top 100, because there are some coins that can't be recovered. do a deep analysis where coins that still have the potential to rise again and the price has stopped to down, buy that!

Nellayar

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Quote from: wipeout0 on February 28, 2018, 05:39:18 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

In old times, I thought it is good to buy when price drops sharply. But as of now, I realize that I must not buy at dip rather I will wait for a signal of reversal. If we will always buy at dump, there is a tendency that the price will go down and down specially if there is no retracement. Now, if we will buy when the price drops, we are not sure if the price will go up again.

Chrystora123

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Omicron is another FUD

if we talk about coins that drop sharply there are 2 possibilities, the first is the coin likely to be 'Dump' and the second one is likely to disappear... I never bought a coin that dropped sharply, I will only buy the coin if the coin shows up 4 or 7% of the initial drop position...

kingkonjac

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yes of course we should buy when the price drops sharply because of the prices that we can not afford in normal situations we wait for decrease and to gain somtheing more and more...

maaydin

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according to me when the price drops sharply it is the best time that we should buy and i follow very much whoch one drops in order to buy and make profits.

Rohtox

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it is a good strategy not to buy with all your money when prices fall quickly by expecting a fast pump too, but it's better to buy it gradually to avoid more prices dropping more. thank you buddy I hope many people can study here

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