Topic: How to cope up with the falling prices? - page 7. (Read 2027 times)
The most important thing is to invest the money that you are capable to lose and by doing it you will face less panic and can wait for more long time for prices to rise. Patience is key and when the market seems to have a bounce don`t rush and make investment but wait and be calm, if the resistance levels are broken than it is good to buy.
There are just couple of question I need some answering from people with enough experience in crypto.
Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
Unfortunately there are no fool-proof tips. Risks are always there but to mitigate it is educate yourself about the crypto. Reading the whitepaper and roadmap helps. Just asking people if to invest ot not to a specific coin/token is like following troll boxes in exchanges.
Try to check the chart in past years to at least the top 20 coins in the coinmarketcap and evaluate carefully the market movement as when the price goes up and drop down. Before choosing the right coins to invest do research on how much increase it has gone so far in the past years until now. Once you knew it, you will now learn when to sell,buy and hold those coins inorder to cope up with the falling prices.
It is asked so much but there is only answer for me: hodl! you can do something else as well but the best way to survive is hodling. Sometimes even hodling may not be useful, you must lose everything to come back stronger sometimes 
One should note that Market is Volatile, anything can happen at any given time, for me the best or the key in investment is PATIENT, learn the market, you can join as a trader but take tall a lot your time for closed market monitoring, some would take HODL, but just the same one most have active monitoring and participation on the market trading, some still would go for Investment... Patient plus learning the timing to invest could give you a good result of investment.
I think the best way is to sell what you are. This is the way I deal the most effective when the market goes down.
Just hold your coins and wait until its price takes its high rate.
Never be worried when the prices of the coins are falling. Always stay on your grounds and do not be in hurry to dump your tokens. I say again that never be moved by the prices of the coins for they will surely rise.
all I can do when the price falls like yesterday is I can only take advantage of such moments to buy as much as I can and when stuck it can just hold back the assets I have.
I also feel this way that firstly invest only extra money if you have and then when the market falls like ystd it was at 5800$ one who would have bought it would have already made 600$ in a night on 1 btc. As prices have rose just in a day or so and thus easily you can make money while buying at lower price.
Its very easy, you more coins in the bear trend and that the very first rule of the successful investor in the crypto currencies. If you really want to earn big out of the crypto currency you follow this rule and it becomes far easier to cope up with the such situation. You actually turn this crash into the opportunity for your life to recover your losses, gain profits, try to grab more earnings through the upcoming hikes. I see that many people actually get scared about the situation like this but we should not be. In the process you also support it if you buy more and thus chances of getting bulls increases a lot.
all I can do when the price falls like yesterday is I can only take advantage of such moments to buy as much as I can and when stuck it can just hold back the assets I have.
We don’t have any other charges against the crypto currency only thing we can do is make an affordable trust on bitcoin if the price falling it is due to many other recent inside the economical situation of crypto currencies but we have to waiting with patient will be able to give some profits for all the people with intelligent you will be definitely get profits.
all I can do when the price falls like yesterday is I can only take advantage of such moments to buy as much as I can and when stuck it can just hold back the assets I have.
There are so many ways on how to cope up despites of red days. You have to be more patient and provide better strategy on when to buy and sell. By having this, you can have a better management of your savings and probably you can gained enough profits from it.
There is only one way you can coupe with that and that is by holding you dollars worth portfolio when the market is down. You will never loss your dollars if you hold and do not sell low. You can sell only when your current worth is more than the initial but you should still not go for that because if you sell, it contributes more to the red market and hence to the falling prices.
Cope up through buying altcoins that you can as long as suits your budget. It is more better to do it while the market is on decline. Then don't worry so much because worry can't help to increase your profit.
I think the history getting repeated. Maybe the market is once again on the track towards the lowest margin for a further rise. Looking the price fall all that I remember is the days when the price didn't show any sign of growth for more than three years time, after which it began its forward push.
There are just couple of question I need some answering from people with enough experience in crypto.
Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
Any particular tips on when to invest token when the prices are low?
And how can one manage to hold the tokens even the prices are bleeding?
Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
As long you have funds to give in, you can actually made an investment already not waiting for any dip in price. Anytime would be the best time to buy a coin. Since coin is volatile, you cannot predict what price will take place. Price changes from time to time meaning you can't wait for a certain mark of price to occur since it might not actually happen anymore and the price might go higher. So buy and hold now, don't wait for tomorrow.
I can say from experience that all the things on the market are cycling, so probably and possibly in the month from now we would be reminding ourselves of the situation and laughing, how panic we were.
I'm trying to get my attention from the bitcoin and crypto all in all by doing something else in life. Even though it's really addictive and I still spend quite some time on it I don't care about the price as much as I'm meeting friends more, playing sports and so on.
I believe that when the market is falling, it is the best way to get involved with it because that's what most of the people avoid to do. The investor should do his own research before taking an investment decision and if anything is going negative in the market, he should keep calm and have faith in his research. The best way I know is to accumulate more tokens in the following market to reduce the average acquisition cost but if it is difficult for the investor then the second best thing is to hold. Trust me, even if you are not doing anything in such environment you are doing much positive more for your investment in the long term.
If you buy your coins when their value are high and now the market is deeply down, all I can say is to HODL. If the prices of the market are very low, it is the best time to buy potential coins. Have patience and decide carefully to avoid mistake that might totally break down your investment.
The way you cope with falling prices is to realize the truth: that cryptocurrencies are not an investment. See https://blog.soramitsu.co.jp/cryptocurrencies-are-not-an-investment/
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