Topic: How do you make money if bitcoin/altcoin prices keep falling? - page 2. (Read 1718 times)

I don't know much about stocks but i know that in stocks if you think certain stocks will fall, you can short them and make money.  However with bitcoin/altcoin, can you short or is that not possible?  Also isn't it true shorting is very dangerous because you can lose a lot more shorting than investing in bitcoin/altcoin?

I know when prices drop, that is when you want to buy because you want to buy low and sell high.  So what would be the strategy if bitcoin/altcoin stays the same or keeps dropping etc?  Thus its all red and stays that way?  Of course you could buy... then wait till it goes back up and sell to make profit.  But you don't know how long that would that or it could possibly not and keep going down etc.  I understand that if you want to daytrade, well you buy it at certain price then sell at certain price to lock in profit.  Thus if prices go higher and you bought earlier, you will make profit if you sell.  But besides buying the coin at low prices, you aren't making any money at the moment. 

So what do daytraders do then?  Thus daytraders are on the computer looking at the markets all the time etc.  So if everything keeps going down, how do they make money?  If prices keep dropping for a long time, then there is no money to be made right?  Or is there?  Because what do daytraders do if the market prices keep going down etc?  Sure you can buy a lot of coins at cheap prices but you don't know how long it would take to go back up etc. 

Well you are right it is a very normal process, but when someone who feels panicked they will not care to sell their coins immediately, they think to bear a little bit of a loss than to get big losses, they tend to think not to back up, so they do the panic selling

Here I can understand well that how the mind get disappointed when the price of the coins( bitcoin or altcoins ) get down rapidly .
Here we can handle every situation easily but we need a perfect timing and perfect idea to make small prediction .
Just take and example that the price of the bitcoin is about $4000/btc , and you have just bought at the same price but after you bought the price getting down then in that case what you will do ? , Ofcourse you will needed to have money in your hand and buy bitcoin again at low price to make the whole buy bitcoin at Average price .
If you don't have money in your hand then you will needed to do trade with your btc and make the amount more and wait until the price again get back up .

This is the normal process, the rise and fall of the price. It's important not to panic when the price falls and not to sell immediately. Usually it's good to have some long term strategy because bitcoin is still the best investment long term and it's wise to buy coins as much as you can when the price drops because after that in a certain period of time it will recover and thus you will earn money. This is the main trading rule to buy low and sell high so you should look at price drop as an opportunity.

Yes, I will continue to make money from Bitcoin, Altcoin if the price continues to fall, this does not affect much of my work.
But if in trading, you will play margin, this is very good but also very risky when you play uncontrollably

Yes, I will continue to make money from Bitcoin, Altcoin if the price continues to fall, this does not affect much of my work.
But if in trading, you will play margin, this is very good but also very risky when you play uncontrollably

I don't know much about stocks but i know that in stocks if you think certain stocks will fall, you can short them and make money.  However with bitcoin/altcoin, can you short or is that not possible?  Also isn't it true shorting is very dangerous because you can lose a lot more shorting than investing in bitcoin/altcoin?


I know when prices drop, that is when you want to buy because you want to buy low and sell high.  So what would be the strategy if bitcoin/altcoin stays the same or keeps dropping etc?  Thus its all red and stays that way?  Of course you could buy... then wait till it goes back up and sell to make profit.  But you don't know how long that would that or it could possibly not and keep going down etc.  I understand that if you want to daytrade, well you buy it at certain price then sell at certain price to lock in profit.  Thus if prices go higher and you bought earlier, you will make profit if you sell.  But besides buying the coin at low prices, you aren't making any money at the moment. 


So what do daytraders do then?  Thus daytraders are on the computer looking at the markets all the time etc.  So if everything keeps going down, how do they make money?  If prices keep dropping for a long time, then there is no money to be made right?  Or is there?  Because what do daytraders do if the market prices keep going down etc?  Sure you can buy a lot of coins at cheap prices but you don't know how long it would take to go back up etc. 

The strategy you have mentioned of staying consistent really works in case of bitcoin but I won’t recommend it for altcoins. There are many cases of altcoins which dumped for few weeks and then never reached their previous values.

If an altcoin if dropping in value more than 30%, it is an indicator of getting rid of that coin as soon as possible rather than buying more of it.

If the fall is around 10 - 20% i usually cut my losses. But if the loss is approaching say 30 - 50%, i do not sell instead i found a way to buy more even if i don't have money i make sure i get raised! I believe my consistency should pay off very soon

When the price keep falling just one thing that we can do for earn profit and money, "buy them" and hold. but keep in mind to prefer coins whose popularity is quite high. Usually this kind of this coin not fall for so long.

I don't know much about stocks but i know that in stocks if you think certain stocks will fall, you can short them and make money.  However with bitcoin/altcoin, can you short or is that not possible?  Also isn't it true shorting is very dangerous because you can lose a lot more shorting than investing in bitcoin/altcoin?


I know when prices drop, that is when you want to buy because you want to buy low and sell high.  So what would be the strategy if bitcoin/altcoin stays the same or keeps dropping etc?  Thus its all red and stays that way?  Of course you could buy... then wait till it goes back up and sell to make profit.  But you don't know how long that would that or it could possibly not and keep going down etc.  I understand that if you want to daytrade, well you buy it at certain price then sell at certain price to lock in profit.  Thus if prices go higher and you bought earlier, you will make profit if you sell.  But besides buying the coin at low prices, you aren't making any money at the moment. 


So what do daytraders do then?  Thus daytraders are on the computer looking at the markets all the time etc.  So if everything keeps going down, how do they make money?  If prices keep dropping for a long time, then there is no money to be made right?  Or is there?  Because what do daytraders do if the market prices keep going down etc?  Sure you can buy a lot of coins at cheap prices but you don't know how long it would take to go back up etc.