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Topic: How to make money with bitcoin price dropping? - page 7. (Read 5784 times)

member
Activity: 658
Merit: 10
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.



It is a good thought and we should invest in the holidays. Its price will be very low and it will be very easy for us to make profit on normal days. The market will be pumped after 2-3 times red. That's my experience and you should try it out.
hero member
Activity: 1190
Merit: 500
now I have never benefited from the trading market, because prices in the trade market are declining, I have not dared to deal with the trading market, now looking for profit is very difficult
You sound like you do not know the basics of trading. Just go reading few of above discussions then you will come to know that how to make use of declining market also for making profits. Yes, anyone will be able to make profits when prices are dropping by using stablecoins. Almost all the exchanges are now a days having stablecoins to trade against bitcoins and any major altcoins.

You need to convert bitcoins back and forth with stablecoin to make sure you are gaining more USD value per every transaction. Just google and get more information on how to do this.
You right, first you have to understand the basics of trading before starting. look for stable coins for your base coin, make sure the coins are quite stable and strong. for example bitcoin, you can exchange your bitcoin with other coins that are falling, and wait for a while until the coin is recovered or up, and convert it back to btc. but certainly not this as simple and easy like this, you need a lot of learning to know which coins are good, and when the right time to buy..
sr. member
Activity: 784
Merit: 250
Well-experienced and skilled traders are doing profits in the market even if the prices are goind down. All they need is fluctuations and strategy in buying and selling for a day. These traders know how to read and know when to buy and sell.
full member
Activity: 602
Merit: 118
So i figure around now, btc price would drop.

But that's indeed happening now. At present BTC prices fluctuate very low from $ 3600- $ 3900, imo the trend for profit seems very small, but even so we still benefit because bitcoin price movements are a little predictable, use the Put-Net strategy such as buying low and sell when the price exceeds the purchase price. If you can do it, you should do it every hour.
sr. member
Activity: 868
Merit: 289
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.


Yes of course you can do shorting with bitcoin, but asking this kind of question, I may assume that you're not an experienced trader here in cryptocurrency. With that, shorting is very risky for unskilled traders. Shorting is great with skilled traders because they were able to maximize the fluctuations of the prices. So, if you want to learn shorting, research more.
legendary
Activity: 1526
Merit: 1179
It is not easy to make money especially if the price of bitcoin is falling down. But, trading with bitcoin and other cryptocurrencies will really help you to make money. As of now many people already lose huge amount of money because of dropping price but instead of selling they hold it because they know the price will rise soon.
People need to understand what they want first. Before the price took a dive they were so confident that they legit thought to hodl through any up or down swing, and now they regret that.... Pretty late don't you think?

It makes sense to short a small part of your holdings during an earlier point of a bear market, which would have made people felt a whole lot more comfortable seeing the price go down, because every dollar down is profit for you.

People now blame hodling to be a horrible method of dealing with declines in the price. Hodl is meant to be done with your very long term cold wallet stash, the smaller speculative stash is to play the market.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I think that current situation on the market is the best for day trading or short term trading anyway. Yes, the price is declining but not all the time, it's also going up in certain moments and that should be used to make a profit. But that is not easy because it requests a lot of time, you have to be present on the market all the time and be prepared to act fast when necessary. So I think this is a situation for experienced traders. I always say that it's not hard to make the money when the market is green and price is rising but in situations like now only the best expert traders could make the money.
sr. member
Activity: 882
Merit: 282
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.



In cryptocurrencies the market allowed you to covert your holding to either USD or gbp and that makes it not to be much different from stocks or forex trading.  When bitcoin is crashing, it means is been traded against something and if you really want to makes money then the best thing to do is to hold those USD against bitcoin.  If you are holding bitcoin and the price is going down you should covert it to USD or usdt and when it has gone down enough then you buy bitcoin back and by then your bitcoin increased and when bitcoin appropriate up again you then sell it to dollar.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.




I think you're pertaining to shorting with leveraging. You have to do some more research in leveraging that you can find in google or youtube videos. Shorting is just like the normal trading and they formally call it long trading.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
It is not easy to make money especially if the price of bitcoin is falling down. But, trading with bitcoin and other cryptocurrencies will really help you to make money. As of now many people already lose huge amount of money because of dropping price but instead of selling they hold it because they know the price will rise soon.
yes, you're right, I've also tried it, and it's really very difficult. other than that, you can get it unless you trade, but it's still quite difficult, even for people who often trade.
Have you tried the way of trading like buying when market is bouncing after a deep fall-down ? If you have tried that then I guess you will not find doing that difficult as it would be a easier way to make profits. For example, when the bitcoin market was falling up to $3200 levels, if you have bought then you may get profits until prices testing $4050. This is one simple way to make profits when prices are dropping. It is kind of buying at dips and then selling without opt for holding.

According to my long experience in the investment field, no strategy is the best strategy. The strategy is only best when it is created by yourself with your own rules.
You are having very different experience with trading. But, I like to suggest you to go for making profits from the current market which is dropping by few strategies which are explained here by some professional traders and I am sure that will work for each and every one hence you do not need to worry about.
hero member
Activity: 2072
Merit: 503
It is not easy to make money especially if the price of bitcoin is falling down. But, trading with bitcoin and other cryptocurrencies will really help you to make money. As of now many people already lose huge amount of money because of dropping price but instead of selling they hold it because they know the price will rise soon.
yes, you're right, I've also tried it, and it's really very difficult. other than that, you can get it unless you trade, but it's still quite difficult, even for people who often trade.
member
Activity: 459
Merit: 10
I heard in stocks, this is called shorting.  But i read if you short, you could lose a huge amount of money.  Could you do this with bitcoin?  Example my thoughts were hey its the holidays, so most likely ppl will withdraw money and thus btc drops.  So i figure around now, btc price would drop.



Your reasoning may be correct and you go on implementing your investment strategy. According to my long experience in the investment field, no strategy is the best strategy. The strategy is only best when it is created by yourself with your own rules. So be confident to invest in your favorite altcoin. If there's a mistake, fix it, until you get a profit.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
It is not easy to make money especially if the price of bitcoin is falling down. But, trading with bitcoin and other cryptocurrencies will really help you to make money. As of now many people already lose huge amount of money because of dropping price but instead of selling they hold it because they know the price will rise soon.
full member
Activity: 1330
Merit: 147
When the price dropping you will not get a profit, but if you buy when the price is low and wait for a while the bitcoin price rises then you have the opportunity to make a profit. Everyone has a misinterpretation when a price dropping someone can make a profit, I do not believe it really happened. You can remember the basic strategy for profit, buy low and sell high.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
Once the price of Bitcoin is dropping it will affect the price of altcoin which has huge potential in the market. So in this case, we have to grab as many coins as possible until those prices start recovering because dropping and recovering are common in the crypto market.
The price fluctuation is common in crypto market, But usually peoples are panic in bleeding market so new traders are not trying to make profit because of irrelevant price variation. Altcoin is a real game changer in crypto market and right traders are make good profit in in this platform.
member
Activity: 67
Merit: 24
Once the price of Bitcoin is dropping it will affect the price of altcoin which has huge potential in the market. So in this case, we have to grab as many coins as possible until those prices start recovering because dropping and recovering are common in the crypto market.

People also said you need to grab everything once it dropped to 12k, how has that plan worked so far??
member
Activity: 644
Merit: 10
Once the price of Bitcoin is dropping it will affect the price of altcoin which has huge potential in the market. So in this case, we have to grab as many coins as possible until those prices start recovering because dropping and recovering are common in the crypto market.
full member
Activity: 812
Merit: 142
During the dips one should start buying and accumulating it . This will help you during the bull run as you would have bought at lower rate and can make profits during the high price easily . Though it may take time and need patience when the bull run happens.
legendary
Activity: 1442
Merit: 1025
now I have never benefited from the trading market, because prices in the trade market are declining, I have not dared to deal with the trading market, now looking for profit is very difficult
You sound like you do not know the basics of trading. Just go reading few of above discussions then you will come to know that how to make use of declining market also for making profits. Yes, anyone will be able to make profits when prices are dropping by using stablecoins. Almost all the exchanges are now a days having stablecoins to trade against bitcoins and any major altcoins.

You need to convert bitcoins back and forth with stablecoin to make sure you are gaining more USD value per every transaction. Just google and get more information on how to do this.
full member
Activity: 448
Merit: 100
now I have never benefited from the trading market, because prices in the trade market are declining, I have not dared to deal with the trading market, now looking for profit is very difficult
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