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Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? - page 8. (Read 4008 times)

sr. member
Activity: 980
Merit: 261
October 10, 2018, 01:18:00 PM
I bought some if the price drops sharply but I am preffered that it will be a long term hodling because once the price drops it will surely took time in the market to recover with a good price higher than the price when you bought your coin.
hero member
Activity: 700
Merit: 500
October 10, 2018, 11:55:08 AM
price dropping is not enough reason to get in on a coin because it can further drop and one would lose money if you intend to go in for a short time
that's right sir, i've get the experience like that on my trading, i make decision to buy NXT when the price drop, but after that the price is continues to drop again
you made the wrong choice I must say.. this policy of "buy when it's cheap" only applies on Bitcoin, Ethereum, Ripple and last Litecoin Maybe. other than these. all the altcoins are basically shit coins. and you can't really tell if a token price is low at the moment. either it'll increase or it'll further drop even more.. I think all the other coins and tokens are just for day trading. if you buy them then sell them immediately and always buy a specific amount which you could afford to lose.
hero member
Activity: 896
Merit: 500
October 10, 2018, 11:27:13 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.
Tp 100 is still a wide number. there are coins there that were not having any development since the market declines. Just keep in track of the top coins that are still having time to make some plans to develop and increase price even the market keeps declining.
sr. member
Activity: 910
Merit: 251
October 10, 2018, 10:38:55 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

I agreed that buying altcoins which is sharply dropped its value was a great chance for us to have it and take advantage of having that token too. Then hold it for awhile or long terms depending upon your decision. In fact this is what most traders did every time they are in the exchange platform site.
hero member
Activity: 784
Merit: 500
October 10, 2018, 10:34:47 AM
yes of course I will buy a cryptocurrency whose price falls very deep because I feel it is a very good opportunity and I must be able to take advantage of the situation to be able to make a profit and grow all my assets.
full member
Activity: 518
Merit: 100
October 10, 2018, 10:09:36 AM
Yes, I always like to use right time and when I see that any good coins drops sharply then I like to bought it as soon as possible.Cause it is always a good opportunity.

Just remember that not all the time that every drops are good opportunity to buy more coins. Sometimes you need to monitor the market if it's good to buy when it dropped because there is possible that it may down more.
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
October 10, 2018, 08:50:42 AM
Yes, I always like to use right time and when I see that any good coins drops sharply then I like to bought it as soon as possible.Cause it is always a good opportunity.
full member
Activity: 406
Merit: 100
October 10, 2018, 08:45:47 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 is one of the best strategy to do because taking advantage of lower cost of coin might bring a higher rate of returns to us specially if we do long term trading.
copper member
Activity: 238
Merit: 0
October 10, 2018, 07:02:10 AM
Yes i always buy when the price drops sharply.but it depends on the coin whether it is worth to invest in or not. i will buy because this is a good opportunity to get a profit. It takes a long teme but it is an efficient way to make so don't miss such a good moment.
full member
Activity: 384
Merit: 100
October 10, 2018, 06:13:14 AM
price dropping is not enough reason to get in on a coin because it can further drop and one would lose money if you intend to go in for a short time
that's right sir, i've get the experience like that on my trading, i make decision to buy NXT when the price drop, but after that the price is continues to drop again
member
Activity: 350
Merit: 10
October 10, 2018, 06:06:53 AM
Normal response when the price drop is to buy to add i vestment and increase potential profit. There are special case though , there are sometime when the price drop , it continues to drop. We need to observe and make sure to respond correctly.
jr. member
Activity: 126
Merit: 1
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.
hero member
Activity: 1414
Merit: 505
Backed.Finance
October 06, 2018, 12:07:18 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
Not necessary buy when it drops i still use charts of that coin to know the duration of its highness and lowness. Dropping price of a coin means the lose of interest or a whale of that coin is leaving, so i recommend not to buy a coin with a drop price. Sometimes it really continue to drop and you'll just riding down with that coin.

Same here. It also depends on what coins. If it is from the top listings then maybe yes I will buy it, its good for day trading or say a week movements.It does not mean that when a coin drops you buy aggressively, you have to do some research also.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
October 06, 2018, 07:28:18 AM
I will not buy the coin when it drops sharply because sharp will not give us much profit because soon again the price drop again. We have to wait until the price drops to below in order to buy more coins in the market, it will take a lot of time to increase the price and we have to be very careful.
If you continue to wait for lower prices then you will not buy because of the fear and rigidity of yourself that is so big. Anyway, altcoins that have great potential and big supporters in the market will surely rise someday. The crypto market continues to fluctuate every day and you will not be able to wait longer for lower prices to buy, because the increase in the crypto market is also unpredictable, so just buy it when dipped then you can hold it and wait for a good moment to sell.
member
Activity: 200
Merit: 11
October 06, 2018, 07:19:11 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
I can’t stay for long without checking out the what’s happening with the Blockchain and the price of Bitcoin at the moment. I do invest money when price drops sharply, but not all the times, I only do when my mind tells me this is the right time.

When I buy in, the price will slowly get back up to a higher and then start dropping again but slowly this time; this is when I sell out and then wait for it to go down to the main lowest it will be for that year.
full member
Activity: 434
Merit: 101
October 06, 2018, 06:39:21 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
Not necessary buy when it drops i still use charts of that coin to know the duration of its highness and lowness. Dropping price of a coin means the lose of interest or a whale of that coin is leaving, so i recommend not to buy a coin with a drop price. Sometimes it really continue to drop and you'll just riding down with that coin.
jr. member
Activity: 82
Merit: 1
October 06, 2018, 06:31:32 AM
Buy when the price drop sharply is too risky and this is the same like catch the falling knife,  i hasbeen try this trading but finally the price keep down,  so its better dont do it and wait patient for the price really in the bottomed. In all kind of trading,  this is wrong strategy because the price is need more times to reversal after crash.
Yeah if I have money I will definitely buy more and more bitcoin because I know that world is turning towards cryptocurrency and bitcoin will be the mainstream in the future. People will put their money in biotin and the price will go up and if I have bitcoin in those days I will be the richest person of my community due to the huge quantity of bitcoin.
I don’t think that there is any risk if you buy bitcoin for too low price. The risk is when you buy bitcoin for higher price and the price downs at once and you lost thousands of dollars, like one person bought bitcoin for $18000 last year and holds they till February and suddenly the price collapsed and he lost about $12000 in each bitcoin. He was out of control in those days.
member
Activity: 700
Merit: 12
October 06, 2018, 02:23:15 AM
I will not buy the coin when it drops sharply because sharp will not give us much profit because soon again the price drop again. We have to wait until the price drops to below in order to buy more coins in the market, it will take a lot of time to increase the price and we have to be very careful.
sr. member
Activity: 870
Merit: 250
October 06, 2018, 02:09:23 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
When the market fluctuates and the price falls it is time to create conditions for us to buy cheap Altcoins. The ups and downs of Bitcoin are frequent so when we finish the market may be down but in my opinion is normal. So we can be confident the market will bounce back or over when we bought.
member
Activity: 364
Merit: 10
October 06, 2018, 12:13:23 AM
yes of course I will buy when the price falls very sharply because it is the best moment to be able to buy at a cheap price and can buy as much as you can, don't miss such a good moment.
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