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Topic: How do you make money if bitcoin/altcoin prices keep falling? - page 3. (Read 1679 times)

sr. member
Activity: 951
Merit: 250
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.
but I think that if the price of bitcoin is falling then we can only do one thing is to stay, I think we should wait for some time and when we realize that now the price can get a support and the price can again start increasing then we should try to buy bitcoin, because no one know about the depth of bitcoin that at what level it is going to fall.
holding is the best way to earn or maybe buying it anh hold for a long term .because falling down of price is not permanent falling down of price is an opportunity to earn in the next rising of its price .maybe somebody has panic on this situation but in my openion it is almost the  same thing happend every now and then in the crypto field it is alway up and  down movement and it is not an end falling of price is the opportunity to gain.
sr. member
Activity: 344
Merit: 250
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.
but I think that if the price of bitcoin is falling then we can only do one thing is to stay, I think we should wait for some time and when we realize that now the price can get a support and the price can again start increasing then we should try to buy bitcoin, because no one know about the depth of bitcoin that at what level it is going to fall.
sr. member
Activity: 728
Merit: 266
In crypto trading we need to keep calm and control our emotions to earn even if such disaster happens.
It is quite simple that when i get to know that price is going to fall rapidly I sell my coins at that moment and wait for the perfect time to buy it again at low price, this is what we can do when the price is falling down continuously.



                         At least it is the best way to do at the moment the price begins to drop, and most importantly keep your balls as hard as you can and control your emotion not to interfere in terms of bad situation happens, but in some instances there are also cases that you cannot really predict what's going to happen next, sometimes it will just fall for a short time and then it will be skyrocketing immediately.
member
Activity: 224
Merit: 10
Bitcoin is one currency and if the value of bitcoin is falling there are so many alternatives like many altcoins are traded in market as we know that comparatively its value is less than bitcoin but still making good amount of money.
copper member
Activity: 1050
Merit: 294
In crypto trading we need to keep calm and control our emotions to earn even if such disaster happens.
It is quite simple that when i get to know that price is going to fall rapidly I sell my coins at that moment and wait for the perfect time to buy it again at low price, this is what we can do when the price is falling down continuously.
sr. member
Activity: 686
Merit: 250
This is rather complex to address. But in falling prices and being rather inexperienced i try to hold as much as i can so i don´t end up being the guy that gives the good traders all the money. So what i try to do is i look at my stash of tradable bags and choose one or two coins at a time and try to sell and rebuy lower. that way i lower the price per coin of that particular bag so the recovery will eventually come sooner.
sr. member
Activity: 672
Merit: 251
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.
sr. member
Activity: 700
Merit: 251
When the price of altcoins and bitcoin dropping then mostly peoples try to keep outside because they now this is going to rise again so better keep position for better profit very less peoples involve in this and try to sell and buy because its very risky and can give some serious damage which is some time not recoverable for some peoples
sr. member
Activity: 281
Merit: 250
If you've already been to cryptocurrency for so long you will already know the answer , we already know that bitcoin/altcoin price is volatile and it can change in every moment , If you feel like the price is falling down and you are lost  then Don't sell just HOLD your coin , and when the price was rising and you already have a good profit then sell , keep in mind that timing , patience and self discipline is needed for you to make money on trading .
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
There are severals ways to cut your loss once that the btc/alt price is falling, but i dont see it as a bad thing, you should know that btc/alt price is adjusted to the USD price, and you will always have the same amount of money. If the altcoin price goes up, then your btc price will increase, but if the price of BTC goes up, then it will decrease, and this is how it works. All the altcoins are going down in btc/alt price because bitcoin is going up so fast, and altcoins are doing the opposite.
hero member
Activity: 798
Merit: 503
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. 

In a situation when price keeps dropping when you buy, its obvious that is a loss position and there is nothing you can do about it because you know the risk of what you are entering into to have put money into it. But the way you react is what you can do something about which is either cutting your losses and take more risk which might turn out to be the best one. In the crypto trading, we are used to increase in price and one week of wait is always too week for us. But when you can wait, then it could eventually paid off.
sr. member
Activity: 924
Merit: 260
The prices of a trading assets like bitcoin and altcoins cannot continue going down and the day traders make little profits from the little corrections along the lines. When I was day trading in forex trading, I do make my money from following Fibonacci level using 30 minutes chart. When price go up there were times when traders take profits several times and most of those times scapers make their money by buy low and sell high. If price is going down scapers will buy low and if there are many that buying lower than, we would have price corrections and scapers will make their money by buy low and sell high.
full member
Activity: 122
Merit: 100
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. 
I think you can offset some of the loss for unrecoverable investments by waiting until prices fall to the floor and accumulate money to buy more btc or altcoins and wait. When the price increases you can sell to offset the previous loss, if you are lucky, you can also  have profits but it is important to choose the correct currency which can recover.
newbie
Activity: 58
Merit: 0
Convert everything to USDT and buy back at (what you think is) the lowest point Wink. If you time it right, then you can have the same currencies with more coins.
sr. member
Activity: 784
Merit: 282
You can still make money while bitcoin/altcoin prices are falling by hedging your portfolio.

If you know the price of your coins will go down in the near future, sell them immediately. This way, you will be able to buy more of it once the price goes down. This move is actually quite risky, but if pulled off correctly, you'll have more of whatever your original coin amount was. Good luck!
sr. member
Activity: 602
Merit: 252
With the current situation in the altcoin market, mostly day traders have a chance at making any decent amount of profit because of the constant rises and dips. Possessing knowledge about upcoming impactful events could be a reasonable way of assessing the price margin and flipping at the right price could land in the green profit zone.
member
Activity: 336
Merit: 11
I am no stable coin. to the mooonn.. and back
Making money while bitcoin or altcoin keeps falling is not a big issue, you just need to be actively trading them by short selling and day trading if you are really fit for it, because it's not easy as you thinks. It's possible for you to make money while bitcoin or altcoin is falling and the best strategy i use for that is short selling it with positive averaging while the coin is downtrending and falling with strong volumes, which indicates there is no demand and all the trader's are interested in shorting it.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
in a bear market when prices are falling they usually suggest selling of what you are holding and staying out until the prices reach the bottom. however you can use margin trading to make profit when price is falling down.
I am not an expert in this because I don't like this strategy of trading because of its associated risks and also because exchanges that I use for trading altcoins do not have this option. so I go the traditional way of dumping my altcoins and buying them back whenever there I a pump coming.
legendary
Activity: 1806
Merit: 1521
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?

You can short, yes. Bitmex is probably the most liquid place to short futures contracts. They also offer a perpetual swap contract (no expiration date) and several altcoins. And they have very high leverage.

But yes, it's very risky to short BTC and even more so to short altcoins. If you're going to do it, I would use low leverage, like 1-3x, and be resolute about sticking to your system and taking losses when necessary.

We are still obviously in a bull market, so I'm more interested in dips as buying opportunities, not shorting opportunities.
hero member
Activity: 882
Merit: 500
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
Yeah , this is a good way to hold your money for the future to make the loss into profit Because here in that case we became disable to do anything .
Here perosnally I make buy more bitcoin or altcoins after going down into the price because the main reason behind this is that , it is the surity that the coin's price will rise surely once in the future soon and with small increase in the price will results into profit definitely .
So here our simple stretagy works better in such cases.
And here I would like to teach every newbie in this trading field that they never sell thier coin after getting loss due to down in the price because that will only results into loss , so why not we should wait to make profit.
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