How do you manage your investment in bitcoin if price goes on decreasing? - page 3.

ninabobo

full member

Activity: 463

Merit: 100

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

I think you should try to find a lot of knowledge about investing on crypto. there are many ways and alternatives when the decline occurs. not necessarily with the same pattern, only with confidence and knowledge. all things are always involved. collect a lot of data and analyze the situation and the market. then you will have an assessment and of course speculation.

kdiag

full member

Activity: 490

Merit: 100

Of course, the most reliable option for falling is to keep your coins, and in the presence of fiat, you can still buy at the bottoms, but I would like to learn how to make a repeat purchase, if you sell at low and buy the same even lower, but this is very risky.

kazakova

jr. member

Activity: 46

Merit: 1

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

I am not going to sell in loss and it makes no sense. That is why I invest people to invest savings which they can survive with for 5-6 months.

Radnie

member

Activity: 131

Merit: 10

Well the best thing to do is to hold your bitcoin if the price is continuous falling. Always remember that the negative trends of a market will not continue in a long period of time and always remember that their is a room of improvement always. So by holding your bitcoin and wait till the time that bitcoin will increase the value again.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

I dont know how long have you been in the bitcoin world or how much did you invest at what price, but for heavens sake don't sell when the price is low. You dip in and buy more and more, by doing that you make a average over a period of time. I have been preaching this rule to all, buy at every dip, cashout only required when it's super high.

Now your question i invested at high price what should i do, a) stop paniking and sit back and relax, bitcoin prices will and as you can see the charts will always shoot up. You never should sell when in loss or low price.

prtty2gal2

hero member

Activity: 1092

Merit: 523

Quote from: MoonHodler on February 07, 2018, 10:59:39 AM

you don't have to sell, if you have to sell at a loss, that means you put more than you can afford to lose.

The only thing which you can do at the time when the prices are falling down is to keep staying firm and do not lose the chance of holding your coins for as long period of time as you can. Other than this, there is nothing which is under your control and that you cannot increase the market value of any coin. You need to be very much careful while dealing the things and you need to decide only when you have done enough of the thinking.

Jlimao28

newbie

Activity: 266

Merit: 0

I prefer to hold when there is a crash. Just imagine, you have 50% loss of capital in investing and you know that sometime it will just rise up. Probably, you will hold your investment. If I am going to invest in crypto, I will put my extra earnings in order for me not to panic in selling when there is a great loss of price.

perla

hero member

Activity: 1932

Merit: 504

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

if i already loss a lot, i will keep hold it until get better price because bitcoin price always bounce. investing on other crypto will be more risk. it can go down too and what make it worse is if the bitcoin down more too

dothebeats

legendary

Activity: 3542

Merit: 1352

If I bought at a higher price than the current market rates, I tend to buy more if i deem that the price is a steal and would somehow help me average the price of my coins. But if I already bought at a low price, I'd just let it sit there and try to buy as many as I can whenever I have the spare cash. Also, I'd be checking out other coins that could be on a "bargain" and buy them to maximize the profits I could reap later on. I don't sell during these times, and like many others, I'm left holding the bags of other people who thought they're smarter than me.

markint

member

Activity: 329

Merit: 14

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

I was fortunate to sell a good portion of my bitcoins at prices above $15,000, which allowed me to obtain enough funds to support a correction scenario as strong as we are living today, for quite a long time. Therefore at this time I am in no hurry to sell my cryptos at a price as low as the current one, and on the contrary, I am taking advantage of this correction period to buy some coins with a lot of potential that had reached very high prices and now I can find them quite accessible.

johnsombero

jr. member

Activity: 93

Merit: 2

for me the best thing to do in that situation is if you have bitcoin or other coin you first hold your coin and wait for the value to increase.Not all the time the coin value will be lowered. that's sure to increase.

tinyteapot

sr. member

Activity: 1175

Merit: 275

There is no doubt about it that Bitcoin shall rise back to his normalcy. The business principle and best practice is of course hold on to Bitcoin at such crashing periods like this until its value is being regained. I may moreover sell at Break even apart from its higher price, If I so wish. In essence, no matter how decrease in Value Bitcoin might be witnessing, I can never forsake all of it for another Alt coin.

joan26

member

Activity: 168

Merit: 10

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

My strategy if price of bitcoin goes decreasing, is to hold it until the market price comes back and to gain some profit of it. The best tool here is patience. Without patience all you can do is to sell and cut the losses.

lienfaye

hero member

Activity: 3024

Merit: 629

My only option is to hodl and wait for the value to recover again, im a long term hodler btw so seeing the value at this time doesnt affect me too much although im also curious how long could be the correction will last. Selling when in dips is not the answer to avoid further losses, its better to wait patiently. Thus what im currently doing is not to check the CMC often and let myself busy in my work.

Protected101

full member

Activity: 210

Merit: 117

I dont need to panic when its crashed down because I know that it will recover soon .Holding my bitcoins patiently makes me matured of accepting that crypto is always flactuating and expect whatever happens to the price.

DBronze98

full member

Activity: 403

Merit: 100

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

Bitcoin is not what investors expect it to happen. But if Bitcoin I usually hold long term do not try to sell to reduce losses. Many investors have other options, as Bitcoin decreases, they will try to keep buying it to wait for it to return.

tutta_v

newbie

Activity: 22

Merit: 0

In early 2018, I invested in bitcoin. While there is only a fall. The price at the time of investment was 13,000 dollars. I will wait for recovery and growth.

acha1217

full member

Activity: 560

Merit: 104

I will not sell bitcoin at this time when I buy at very high price, why I say like tha? Because every trading, all people don't let their money are loss, thought that's a bit. And there no more alternative way except hold bitcoin untill back to normal again. Just remind you, what's your purpose before you start doing investment in bitcoin? If you want to get profit so you should hold all of your bitcoin untill it back normal again, this need your patience, every job have a risk and I'm sure bitcoin will be back like usualy. Thanks

tr3yson

full member

Activity: 546

Merit: 100

Quote from: Naitik on February 07, 2018, 10:53:19 AM

Huge settle in the price of bitcoin these days. Some people says that it will goes on decreasing. If so, How do you mange your profits?
How will you react?
Do you sell it at loss?
What will be your next step?
Debiting your money from bitcoin & invest it in other crypto.
Or you find other alternatives.
What will be the choices of alternatives?

Since I'm a long-term hodler I guess it doesn't matter to me. I had set my timeframe and goal, so basically I am not affected with this dip and I'll just keep hodling. I treat this as a shopping time in crypto market, lucky those who had and keep a budget for this kind of mega sale Grin

. I believe Bitcoin and the blockchain tech so there are no worries for me if it will continue to go down I know it will rise soon, just a bit of patience needed. For others, why cut loss? Remember that you won't have a loss if you won't sell you coins.

tukiMiN

full member

Activity: 383

Merit: 100

I think if you sell now it is a bad strategy. because it's not the time to do such a thing. and consequently you will get enormous losses. I think the right thing to do now is to wait for the bitcoin price to return to normal. and I think if you have a little capital then buy at the right time. you should really take advantage of moments like this.

Topic: How do you manage your investment in bitcoin if price goes on decreasing? - page 3. (Read 505 times)