Topic: What do you do when price falls? - page 9. (Read 19034 times)
It is true, it is difficult not to panic sometimes, however one should not let emotions get in the way of logic and reasoning. If everyone acts the same way and sell, the price would only fall and fall. The fundamentals of Bitcoins economics remain the same and does not change with sentiment.
I usually go in USDT. Sometimes i try to cash on the opportunity on buying more coins at cheaper prices or do shorting. But most of the time I tend to play smartly going all in USDT and buying back coins again when I see some revival happening that seems to be natural and not short lived.
I have free money, and I just buy every drawdown.Leave everything for a long time.
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 ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
I'm just going to accept the fact that I lose my investment and will just accept that I lose in my investment to avoid further damage. But it doesn't mean that I won't get recover since there's a lot of alt coins in the market that the price is volatile and will take advantage to the ups and downs of the market (Day trading)
But maybe you should just observe the market and do your shot. You can also follow some great traders and ask tips from them.
At the moment I bought at fairly good prices and I will now expect a rise in prices. Maybe I'll be trading somewhat with alternative cryptic currencies for improving your balance in bitcoins.
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 ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Each person in this situation acts in his own way.
If you are an active trader and not an investor - of course you will sell at such a decrease and use stop-loss. Well, if you are an investor, then as a rule your bitcoins are not stored on the exchange and it makes no sense to sell each time the price changes.
My action during such dumps is selling, but as they say, it is not always profitable because they can just knock out stop losses and go up again. This requires is the computer and watch but this does not always have the time. Therefore, at least we should try to get out of altcoins in bitcoin and wait for growth.
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!
Yes i'm agree, i got so many plan for my future and i believe hold the cryptocurrency that i had right now is the best thing for my future. I believe market will recover and it does takes time and i do believe eventually crypto market will be big. I do hold all my coins despite the price falls and i do try to buy more coins that i think would grow so big in future.
I am more interested in the fact that sales are made on the crypto-currency market in large volumes, then immediately pay off, and then sold again. I'm not inclined to panic.
In a situation where prices are dropping like this, of course, selling bitcoin is not a good action, the price of bitcoin has gone down so far that if you sell it, you will experience a huge loss. In a situation like this when the price has gone down far it would be better to buy and hold it until the price rises. This will be more profitable than having to sell when prices are like this.
When the price fell, I calmly watched what was happening, because I understand that price cuts are a temporary phenomenon, without which the market cannot exist.
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 ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Honestly, it's way not an easy thing for me to acquired coins by purchasing it right directly from my fiat so all my hold coins will be remain idle for quiet some time. The current trend doesn't mean I have to changed my view about bitcoin. Just continue. And besides, I still have others alts to play wherein much needed a more attention.
Since already on - % , already faced the risks, already watched how drastically it decrease, there is no sense for me to exit now. If should, then I should do that from earlier. Hold till the end. That's how will I gambled it.
This is worth to put a shot.
We are witnessing falling price now and what I do is to avoid trading and holds those coins I bought above the current price. If you sell during falling price you will blame yourself in future as bitcoin and cryptocurrencies market will definitely going to recover.
I do simply holding when i come to know that the market is going to down or market fall starts i just simply watch the market and when ever if there is a chance of buying more then i do buy more bitcoin and some potential altcoins but i have never done any decision is quick time i first make a mind set for the new change and outcomes and then i go for that.
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 best thing that you can do is you should not panic even the price falls. Panicking can lead you to lose all of your money because you cannot make wise decisions. You should have calm mind to wait the right time to sell or to buy coins. I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
You seem to have ignored the golden rule of "not letting your emotions control your decisions."
Before you buy Bitcoin or invest in anything, you must have a clear definition of when you will enter the market and when you leave.
Leaving it to your feelings to start buying and selling according to market volatility is the ideal behavior of loss.
Dependence on numbers may avoid losses but will not achieve maximum profit.
All I do is ignore everyone and rely on my assessment of the situation.
Before you buy Bitcoin or invest in anything, you must have a clear definition of when you will enter the market and when you leave.
Leaving it to your feelings to start buying and selling according to market volatility is the ideal behavior of loss.
Dependence on numbers may avoid losses but will not achieve maximum profit.
All I do is ignore everyone and rely on my assessment of the situation.
At a time like this when price goes down below expectations what I normally do is to take a walk looking away from the price chart and coming back after a long time, because panic selling can only lead to your losing your investment. I know after the deep it going to take some time before the market will recover and you only lose your assets only when you sale at below the price you bought due to 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?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest.I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
People wait for the fall so that they can start buyng rather than buying at higher value it is an open invitation to start buying at lower price. Also if people had started to bought at 3500$ in last couple of days today it is already reached 4k. So in Nov itself you have gained 500$ per btc .
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?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest.I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
People wait for the fall so that they can start buyng rather than buying at higher value it is an open invitation to start buying at lower price. Also if people had started to bought at 3500$ in last couple of days today it is already reached 4k. So in Nov itself you have gained 500$ per btc .
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?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest. 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 ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
Honestly, it's way not an easy thing for me to acquired coins by purchasing it right directly from my fiat so all my hold coins will be remain idle for quiet some time. The current trend doesn't mean I have to changed my view about bitcoin. Just continue. And besides, I still have others alts to play wherein much needed a more attention.
Since already on - % , already faced the risks, already watched how drastically it decrease, there is no sense for me to exit now. If should, then I should do that from earlier. Hold till the end. That's how will I gambled it.
This is worth to put a shot.
Now it seems that the support is become stronger and many people see this price as an interesting price to jump in for buyback. Also the volume has increased.
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