Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? - page 9. (Read 4036 times)
Monitoring on the price is really needed for you to determine wheter its good to buy or didn't since there are factors and happenings that the alt would dump more that's why we really need to understand the market situation upon buying. Act smart is needed to earn rather than buying on hype dump which can lead to loss money and became a crying bag holder.
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.
That's a proven strategy to make a good profit in the future to buy in crypto when it's drop in the market, because of dropping in the market we have opportunity to buy what we want in affordable price. 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.
That's really a good idea because you can't actually tell when the price will hit bottom before going up again, so the best practice it to buy with some percentage of your funds and the more it drop, you buy with other percentage that way, you will make the best of the price when it goes up again.
isn't it when the price drops sharply is the best time to buy? so of course I will buy because this is a good opportunity to get a profit and crypto prices will definitely rise again
of course we must pay attention to trend. if trend is still decreasing, of course it will be a long wait, and floating minus can disturb psychological. it will be more effective if we buy when there is a reversal trend 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.
That's why you have to study and understand the market before investing with it. But yeah, I guess that strategy is quiet effective. The best tims to buy coins is when the price is drippimg down and sell when it reaches your target price. It takes a long tome but it is an effective way to make good profit. 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.
isn't it when the price drops sharply is the best time to buy? so of course I will buy because this is a good opportunity to get a profit and crypto prices will definitely rise again
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.
Thats why you have to monitor first. don't rush to buy because the price reduction is not necessarily the right time to buy because it's very likely the price will go down again right? monitor the market whether the price will decrease or stop. if your analysis says the price stops to decline. then it's the right time to buy
Why not? To what i know, the price goes down is the best time to buy as much as possible. “ Buy at low, sell at high” I believe that this is what trader always do when they want to invest in anything. However, “ buy at low, sell at high” not always true, you can buy at low as long as you still find the potential of its. To sum up, You still have to consider about your investment and only invest what you can lost, not invest everything you have.
totally agree with the sentence " invest what you can lost, not invest everything you have" 
if we talk about trading techniques then we will find lots, and not all of them match us, and the trick of buying coins at the bottom price is very good. I agree with your trick, that is buy it gradually and not buy it directly 100%, I have proven this method myself and this includes a method that fits me perfectly.
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.
Nope, I don't usually buy something like that because it might go down further more and a chance that doesn't going to go back up again.
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.
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.
In general as a trader you should be buying after a huge drop and you should be shorting after a huge pump. Its not always easy, especially emotionally dealing with taking a trade which is completely against the trend but this is how most of the succesful traders are making money.
If you want to see how this works, just look at the price action around the daily pivots on Bitmex. Sometimes (not all the time) it goes to a new daily high (or low) and there is crazy amounts of people liquidated. You basically see a 1M candle with 25M volume and within that short span there is probably 10M or so people who were margin called (or REKT ) and then what usually happens? Its sometimes (not all the time) the price reverses and it heads the other direction.
Why does this happen?
Well its simple. Say you want to open a position of >10M contracts, it would be very very difficult and would cause price to go against you if you used a limit order or stop order. Hence you are better off just leading the market in one way, knowing there will be tons of liquidations at that price and you get your order filled almost immediately.
This happens in all markets. Even in the highly regulated stock markets of NYSE. Look at APPL and AMNZ and you will see this happens alot from time to time.
If you want to see how this works, just look at the price action around the daily pivots on Bitmex. Sometimes (not all the time) it goes to a new daily high (or low) and there is crazy amounts of people liquidated. You basically see a 1M candle with 25M volume and within that short span there is probably 10M or so people who were margin called (or REKT ) and then what usually happens? Its sometimes (not all the time) the price reverses and it heads the other direction.
Why does this happen?
Well its simple. Say you want to open a position of >10M contracts, it would be very very difficult and would cause price to go against you if you used a limit order or stop order. Hence you are better off just leading the market in one way, knowing there will be tons of liquidations at that price and you get your order filled almost immediately.
This happens in all markets. Even in the highly regulated stock markets of NYSE. Look at APPL and AMNZ and you will see this happens alot from time to time.
yes of course I will buy bitcoin and some other cryptocurrency when the price falls because it is a very good moment and a golden moment to be able to buy at a cheap price by using panicked traders.
I've used payment with bitcoin to buy something but I do it to some people who accept bitcoin so not all places can accept bitcoin, maybe only a few places
In my opinion the best times to buy coin is when the downtrend finish, because if we buy coin when still in downtrend we can not predict the deepest of price. Wait patient for the deepest price and the price consolidate a few hours and any 1 bullish candle, and this moment is good times to buy it 
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.
Personally I prefer to buy some cryptocurrencies during shard fallings that have real technology and strong team behind it. But I always try to buy them according technical indicators, especially RSI. Because such hard falling provide us to get cryptocurrency on cheap prices. 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.
of course when the price drops sharply then it is the best time to buy and surely many people will panic to sell immediately so we will be able to buy at a cheap price
Why not? To what i know, the price goes down is the best time to buy as much as possible. “ Buy at low, sell at high” I believe that this is what trader always do when they want to invest in anything. However, “ buy at low, sell at high” not always true, you can buy at low as long as you still find the potential of its. To sum up, You still have to consider about your investment and only invest what you can lost, not invest everything you have.
Good assessment and well manage of time and patience, buying when value is dropping is an opportunity to gain profits, what we needed to understand is how long the value will drop and how low it can fall, there's always a chance each time that we seen red market the only hard thing to do is to analyze and choose the right assets to buy and invest, just learned all the fundamentals and try applying it little by little.
Why not? To what i know, the price goes down is the best time to buy as much as possible. “ Buy at low, sell at high” I believe that this is what trader always do when they want to invest in anything. However, “ buy at low, sell at high” not always true, you can buy at low as long as you still find the potential of its. To sum up, You still have to consider about your investment and only invest what you can lost, not invest everything you have.
Jump to: