Topic: Tactics When Market is Falling - page 114. (Read 17190 times)
Indeed, this is a natural thing. It is very reasonable that prices going up and down (fluctuating). Actually, this is not normal because when the price is unstable means the demand and supply of crypto currency is not balanced. For the time being, I advise you to be patient with your crypto currency. You have to be a lot of patience if you are involved in the business of crypto currency, I understand that you feel because the market lately is very difficult. Please, be patient for a while until the price crawls up again, once the price rises and you are feeling lucky then you can sell your crypto currency back to return your capital. The key, you do not panic about fluctuating market conditions. You should analyze the conditions first before deciding to follow the trends of most people.
I have been in the cryptocurrencies market at least for a few years and my observations indicates that up and downs many times relate to dollar cashing started by developments with need liquid running costs.
Before I would advise some one to hold in a bear market like now, but from experience now, once your stop lose hits, sell and move to usdt, until market makes a real bull run and not a dead cat bounce
Mostly when the prices of the coins are dropping I just put together any free money that I have that I know I can afford to lose then I start buying as many coins as possible. Especially altcoins which I have had it in mind for some time to buy, it is just an opportunity for me to buy coins really cheap and wait for the prices to go up before I sell them for a good profit.
My tactic when the market turns red is simply wait. Since I do not have any capital invested but time the risk and worry is way much lower than capital investors. Also, considering that in some time I would need money during red days it pushes me to sell even at low price which is not bad given the fact that I earned it from time only. So, ideally it is a win-win situation for me.
The same old tactics apply here and I am very sure this tactics is well practise by many in cryptocurrency! When market prices of cryptocurrency are falling, target your favourite coin and buy every dip!
When the market falls, you need to be patient and not make rash actions. At such moments, people lose their money, and experienced traders on the contrary buy cryptocurrency while it is cheap.
My one and only tactic or plan for crypto currency everytime the market is falling is I'm not releasing any money and I always wait for the value to get high and reach its peak. I am just holding my coins until the market has risen and green. You just have to be more patient until the market goes up and alright again. It is really effective strategy in earning more money, patience is the key for more money.
The main thing is not to panic, any panic to someone is beneficial. Now the market is preparing to raise the price of the cryptocurrency. While growth goes separate coins, but ahead of the revival of the entire market after a deep correction. The market is changing and it is necessary to adapt to it. Someone specifically manipulates the market in such a way that it is impossible to predict what will happen tomorrow.
Do not panic too much about the price drop in the market. Stay hold and buy more because when the market goes down it is a good time to buy. Given the interest and enthusiasts in the crypto currency is growing much, then the possibility of the market will rise again. So be patient and do not panic.
Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
First of all you searched a potential coin meaning you believed on it. If you think you selected the right coin then just hodl and wait the price to recover or else you will make a second wrong move. I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
When the whole market falls I just keep my assets. Until I sold the coins, I'm not at a loss. If I have free money, I try to buy some coins and tokens cheaper. It is important to remember that the market is still young. The technologies that stand behind the coins are developing.
The best thing to do when the market is falling is that, you sell off your coin at the high price and buy USDT with it then you buy it back when the price is low. You will have more coins and make profit when the price goes up
when the market is falling or experiencing a significant price drop, the best advice is just HOLD it. or if you want, you should buy more coins because the price is down
You can also take advantage of the situation and buy more coins especially these high quality coins and everything needed more profit.
Every time the market falls, I buy cheap altcoins and resell them when the market starts to grow
If you are lucky that you are selling when the market is down, buying always makes you profit more. The decline is harsh and the rise is slow. If you do not want to live when you fall, you can be undecided about whether you need to buy and make the wrong move.
Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
That's right just relax and trust the process because falling of the price is normal and all you need to do is be patience and hold or you can used the chance to buy more then hold your coins wait until it become profitable. I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
prices always go down and up, be patient and wait . the market will recover
In fact, my approach is very simple, I will continue to buy some cryptocurrencies when the market declines, because they are very low prices at this time, very cost-effective. Then wait patiently for the market to recover.
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