Every fall is a opportunity for us to buy good quality coins at lower price but those opportunity sometimes need to consider our resources as not all the time we had extra to fill our bags. If I have enough I will buy more and more to take advantage as this technology will bounce back at the right time. Indeed this still the best investment if you want to go in long term plan.
That is something that many simply do not see, it is true that when the price goes down we lose money but lower prices also give to us the opportunity to buy coins for a very cheap price, if you really believe that the market of cryptocurrencies is going to change the world then investing in this moment can be the best thing that you can do for your future finances.
Topic: What do you do when price falls? - page 7. (Read 19034 times)
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?
I have one game plan when the market situation worsen which is to cash out. I only HODL my bitcoins when the market is bullish not bearish. I don't like the idea of HODLing while the price is falling, I just can't HODL my bitcoins while I'm losing money. I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
We just need to use of basic fundamental of the crypto market. And that's is buy the coins at a lower price and sell them at a higher price. So we have to buy the coins at the moment because it is cheaper and has to hold it a long time until the complete market is going to recover itself. And after that, we can sell our coins at a higher price and make a profit from it.
Every fall is a opportunity for us to buy good quality coins at lower price but those opportunity sometimes need to consider our resources as not all the time we had extra to fill our bags. If I have enough I will buy more and more to take advantage as this technology will bounce back at the right time. Indeed this still the best investment if you want to go in long term plan.
That is something that many simply do not see, it is true that when the price goes down we lose money but lower prices also give to us the opportunity to buy coins for a very cheap price, if you really believe that the market of cryptocurrencies is going to change the world then investing in this moment can be the best thing that you can do for your future finances. 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?
Of all friends who ask like you, all answers depend on each of their research.I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
I am personally, I hold it back, and I collect everything, I will not sell it, I do not care what they say, I am sure the previous year also experienced what it is today, but a few years later it will definitely rise again.
No need to panic, but panic if you have already sold it.
Holding on a cold wallet is the best strategy. Just ride the rocky road and wait for your profits to grow.
Maximizing profits by selling and buying adds risks, many trading sites have gone bust. So I would only do that with a small selection of coins.
Maximizing profits by selling and buying adds risks, many trading sites have gone bust. So I would only do that with a small selection of coins.
I have a philosophy of life a bit sociopathic, do not do what everyone does, at this moment a lot of people sell in panic sell, I diversify the investments and I leave for a long period, and the price of HOLD!
I think that sometimes that could work and it is good to be contrarian, but in most times you should not go against the trend. There is huge difference between good timing and bad timing for contrarians.
Holding the coins is still the best strategy if you still want to recover your loss and selling your coin will only contribute to the price decline.The whole market is in a state of long downtrend but I believe it will not last and will bounce back in due time. Low price will make cryptocurrencies attractive again to the investors so it means price declines will give us the chance to buy coins at affordable price before it go up again.
I think the market downturn still has a positive side, falling prices are not always worrying but in falling prices can be an opportunity to buy.
I still hold what i have and i do some trades so i can get more bitcoin and also i hold. The only problem for me will appear before Christmas, if the price is like today i will need 0.1BTC for what i need to buy so i will need to sell some of my bitcoin.
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?
I tried to wait until the situation got much better. Even when the price of Bitcoin has decreased, I try to buy Bitcoin, I have the opportunity to be able to buy Bitcoin at a cheap price. If a bad situation occurs then think positively. When the price of Bitcoin decreases, think positively that this is our chance to be able to buy Bitcoin at a cheap price. Let's think carefully and we will make the future a lot better. Believe that when we trust Bitcoin there will always be a miracle. Even significant price increases are not impossible.I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
The most important thing is that when prices decline, never experience panic, because panic will only make the situation worse.
This is an opportunity and remember that we must be part of a success.
Every fall is a opportunity for us to buy good quality coins at lower price but those opportunity sometimes need to consider our resources as not all the time we had extra to fill our bags. If I have enough I will buy more and more to take advantage as this technology will bounce back at the right time. Indeed this still the best investment if you want to go in long term plan.
when the price of all altcoins goes down, I will secure all my assets on tether usdt or TUSD because TUSD or tether is stable coin whose price will not go down or rise or the price almost adjusts the dollar
I try to undersand why the price is fallen. It will help to decide next step.
I don't want bad conditions like now, in this decline I prefer to hold, and I prefer to avoid losses by not selling low, I believe the market will grow and by holding then I will have the opportunity to sell high in the future.
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?
You need to do what it is best for you, there are some that need to sell their coins regardless of the price since they have stuff to pay and they depend on their bitcoin earnings to do that, but if you do not have any need to sell your coins and you believe in the future of bitcoin and you do not get nervous despite the crashes then your best option is probably to hold your coins. I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
I just kept quiet and repeatedly saw the market. when I saw green it was enough to make my day feel happy.
I think selling will only make things worse
I think selling will only make things worse
I use to hold and support bitcoin whenever there is any fluctuation in crypto market. If I have some spare money at that time I use to buy more. I can hold BTC for as time it want. In such situations I use to enjoy reading posts from people. It is natural behaviour that whenever there is any loss you becomes panic.
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?
That depends at the time, if the price is going to fall much and I don’t want to lose that much at the time of it falling, I will just withdraw the funds I have in wallet and exchange it to fiat. But if it’s at a time I’m ready to lose, then I would hold the assets no matter, cause I’m sure it’s going to be temporary and after a while it will go up again. At times when I withdraw my funds, I wait for the market to drop a price I know would likely be the bottom price and then I’d purchases from then. I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
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?
I would like to say that I take very complex measures to protect myself and my money but the truth is that in my experience every time I try to do something I make things worse for me so some time ago I decided that I will just hold my coins, it is hard and not very exciting but doing nothing has been one of the best things that I have done so I can protect the value of my investment. I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
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