What do you do when price falls? | Bitcointalksearch.org

LimLims

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Quote from: shield132 on November 27, 2018, 04:34:22 PM

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

The OP is from November last year.
But I would like to explain his query and i know this gonna help many more members of the forum here.
So first of all, the things that you need to do is not to be panic.
If you have invested some amount in crypto then it's equally possible to get losses or to get profits.
Just wait when the price falls and hit your luck at the perfect time to overcome your loss.

hen cet

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Quote from: Noilee on March 24, 2019, 11:10:07 AM

When the price falls, dont panic and do not decide to sell, we should hold it and keep it even for a long time, because patience is more important if you are a investors, so that someday if the price is good you can earn a profit.

When the price of bitcoin goes down, you need to be sure that prices will increase again and keep the spirit of investment because of future profits. A few months ago the price of bitcoin was USD 3,700 and investors who were optimistic about the increase would soon come to buy.
Apparently the trust is correct and today the price of bitcoin has reached USD 6,510. The increase is predicted to continue, because demand for bitcoin continues to increase.
So, don't be afraid when the price falls and don't sell it in panic. Must remain confident that the price of bitcoin will rise. Patience certainly gives positive results.

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Quote from: sj2199 on March 16, 2019, 06:19:46 PM

when prices go down and even keep going down, all I need to do is keep hold of my assets. indeed, when I see the prices continue to fall so difficult, but for me panic sell is not the right step.

well, in this case, the things I do sometimes hold assets, and look for a fresh place to refresh my mind so as not to make me panic sell. although for some people this is a moment to buy, however, for people who hold assets like me, it is so difficult.

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Quote from: idham29 on April 24, 2019, 11:24:24 PM

Quote from: Noilee on March 24, 2019, 11:10:07 AM

When the price falls, dont panic and do not decide to sell, we should hold it and keep it even for a long time, because patience is more important if you are a investors, so that someday if the price is good you can earn a profit.

As a crypto investor, of course, you must be prepared for all risks, because the price is fluctuating. When the price goes down the mind has to be rilex and emotions are controlled so don't be tempted to sell because it's afraid the loss will increase, but must be sure that crypto will rise again.
Confidence and optimism can resolve concerns about losses that might be experienced, because logic sided with the fact that digital currencies will definitely become a necessity in the future.

We can't neglect to fee bad when seeing our portfolio continue to decline but we must be strong and even more optimistic that behind the darkness there will be sunshine. We fought the market falls many time before and so we don't even quit. May we is build as stronger and never been affected for any crisis will occurs in the coming days.

idham29

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Quote from: Noilee on March 24, 2019, 11:10:07 AM

When the price falls, dont panic and do not decide to sell, we should hold it and keep it even for a long time, because patience is more important if you are a investors, so that someday if the price is good you can earn a profit.

As a crypto investor, of course, you must be prepared for all risks, because the price is fluctuating. When the price goes down the mind has to be rilex and emotions are controlled so don't be tempted to sell because it's afraid the loss will increase, but must be sure that crypto will rise again.
Confidence and optimism can resolve concerns about losses that might be experienced, because logic sided with the fact that digital currencies will definitely become a necessity in the future.

Vaculin

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Quote from: Noilee on March 24, 2019, 11:10:07 AM

When the price falls, dont panic and do not decide to sell, we should hold it and keep it even for a long time, because patience is more important if you are a investors, so that someday if the price is good you can earn a profit.

Well, that's the words that we here all the time, never panic and hold.
This is not hard to do actually if you trust the market and crypto in general, price fall is just normal, it's part of the market.
Recovery after a big dump is a healthy movement, it will only make the market more stronger.

Noilee

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When the price falls, dont panic and do not decide to sell, we should hold it and keep it even for a long time, because patience is more important if you are a investors, so that someday if the price is good you can earn a profit.

dodgrad

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Quote from: hotimbineh on March 16, 2019, 07:12:35 PM

I see there are two core aspects of the rise of Bitcoin today
1. for those who trade with short-term ups and downs is an opportunity to make a profit
and 2. for those who invest long-term they will hold it continuously, going up and down is not a shocking thing after holding for so long starting 2017 until now because of their patience and mentality they are strong enough to reach the tarjet price because I know they are very optimistic

It's hard to disagree with your opinion, but the aspects you described are mainly due to the fact that the crypto market is getting better - investors and traders are starting to think more and more positively. Let's hope that it will last as long as possible.

hotimbineh

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I see there are two core aspects of the rise of Bitcoin today
1. for those who trade with short-term ups and downs is an opportunity to make a profit
and 2. for those who invest long-term they will hold it continuously, going up and down is not a shocking thing after holding for so long starting 2017 until now because of their patience and mentality they are strong enough to reach the tarjet price because I know they are very optimistic

sj2199

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when prices go down and even keep going down, all I need to do is keep hold of my assets. indeed, when I see the prices continue to fall so difficult, but for me panic sell is not the right step.

LUCKMCFLY

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When the price goes down, I have two possibilities, to see how much volume went up or down during the fall, how much went down in percentage, according to this, I decide if I should bet or buy cheap.

If I analyze that the short graphs are open, it is very likely that I enter with a leverage of 2x or maybe 3x, this is because if you keep going down it is possible to obtain gains following the direction of the movement. Now if the movement is a correction, what I do is buy altcoins and bitcoin, to wait for recovery, this in order to make profits in the short or medium term, these movements are made from the point of view of market speculator. According to Jesse Livermore, buying when Strong Hands do their shopping, is the best thing to do and, above all, know how to identify that movement in the market to wait for the bullish.

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Quote from: gabbie2010 on March 14, 2019, 04:26:55 PM

Quote from: shield132 on November 27, 2018, 04:34:22 PM

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

Nobody has any control on the price of bitcoin thus whenever there is a fall in the price the only available option is to hodl having known unpredictable nature of the price.
I am quite optimistic and having assurance that bitcoin is a long term project thus there is the tendency that the price will pump in the future having considered its high volatility rate as a yardstick for a high price.

It's a situational market condition and we don't need to be worried cause price fluctuations arise everytime unexpectedly but somehow some people will be losing their patient in holding and the sad thing is that they'll be selling their coins in cheap price. This is not really good but we don't have such control to stop them or they have the reason also for that suicidal action.

gabbie2010

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Quote from: shield132 on November 27, 2018, 04:34:22 PM

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

Nobody has any control on the price of bitcoin thus whenever there is a fall in the price the only available option is to hodl having known unpredictable nature of the price.
I am quite optimistic and having assurance that bitcoin is a long term project thus there is the tendency that the price will pump in the future having considered its high volatility rate as a yardstick for a high price.

The Cryptovator

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Quote from: shield132 on November 27, 2018, 04:34:22 PM

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act?

I just stay cool, and I think everybody should stay calm. But unfortunately most of people's become panic and they start sell. In a result price start drop more and more. That's what somehow we are also responsible indirectly for drop price. I just think always about my btc amount, I never worry about usd price. Because I trust on bitcoin and obviously it will repeat old history. So someday my fund also will be recovered on usd price as well.

slocker

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Important is to follow some rules and guides that you as individual will create for yourself. Dont spend all day looking at chart for some coin or coins that is first step. Next if you see that something is falling bitcoin for example in price dont try to sell or to searching for another coin that it might be good solution and that coin maybe is up in price, cuz many times that coins will just momentary drop down. If you lose, lose less in bitcoin. Be smart and try if necessary to ask some advice and then invest. We can talk on this for ages, but most important is to set some guide that will help you investing.

sclmte

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what to do when crypto falls? this past day there is a rise and fall from the price of cryptocurrencies and the market just sharply fell. Go for the highest peak and have the dumping for your gain, So patience is the good thing when dump comes and learn to wait for the good opportunity. Timing is everything! and that is the good strategy.

Polar91

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Go look at the chart and I always check the resistance level and support level. Buy figuring out the chart pattern, I tend to decide wether to buy more or sell to stop further loss. This is quite a difficult decision but helpful to minimize the risk of loss.

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Quote from: shield132 on November 27, 2018, 04:34:22 PM

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

we have done it as you say overall. because this becomes a decision every speculation even though sometimes it is very detrimental.
it's very difficult because this is a dilemma, even I have an altcoin that is really useless for now even though the project gets fantastic value on the sale of ico.
and I still hold it because the price is not worth selling.

hahay

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When the price falls I will only hold it by being willing to wait longer and that depends on how I started the previous investment. If previously I had made a high investment according to my version, then I would not buy more when the price continued to fall, but when before I only made a medium investment then I would usually buy again when the price fell deeper. Turn back to each other's views, because each coin has a different potential for a pump in a short time.

slocker

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Try not to panic. Good concept is to buy cheap and sell high but when price start to fall down then major issues comes with how to control yourself and not sell cuz waiting here bring results.
Keeping cool head is good option here but eventually we crack under pressure.

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