What strategy we should take when Bitcoin price fall - page 2.

iqlimasyadiqa

legendary

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Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

Holding is the best choice. If you feel panic and then sell all the Bitcoin that you have, then the Bitcoin market conditions can be much worse. Withholding is the main choice and for all of us who believe in the future of digital currencies, we can start supporting from now on. Continue to increase the use of Bitcoin and also give confidence in digital currencies. We will face the digital era, where in the future digital currencies will become a globally recognized financial system.

Bitcoin is a bright future . therefore, we must continue to support all efforts, this is a trial and we must face it together.

icopir

member

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perfect is his purchase for the future bargain-hunting and his retention in the period of decline in prices

wuvdoll

legendary

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I usually follow the trend, I mean I usually cash out whenever I get money because I need to live but after I spent what I earned whatever is left I move according to the trend. If I see bitcoin going to any direction 5% I react to it. That way for example if I see bitcoin going from 6.1 thousand dollar levels to 6.6 thousand dollar levels, I keep it, than it usually goes to 7.2 thousand dollar or so levels.

Same way if I see bitcoin going down from 7.2 thousand dollar levels to 6.9 thousand dollar levels than I sell it and it usually drops to 6.6 at least and even more as we can see today. So, basically following the trend has worked for me.

karmusbio

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in my opinion if the price of bitcoin is falling like now we should not sell our bitcoin because I'm sure the price of bitcoin will rise again this year

PX-Z

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pxzone.online

Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

If you don't need your money yet and you don't want to lose the half of it, then holding is the best thing that you should do with your investment. Maintaining of your crypto investment despite its subsequent price drop could be so risky, but this is only the most effective way to recover your lost money from investing in crypto, rather than losing the half of it if you sell it now at a cheaper price.

omonuyak

sr. member

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Coins flipping is the best strategy to used when bitcoin is falling. I have decided of recent to move all my trading capital to those exchange that allow me to trade bitcoin usd. Currently I have converted my bitcoin to usd in other not to suffer much as the price is going down. Keep holding bitcoin is to risky at the moment and I think we should wise up as the dump is real!

1NV3ST0NM3

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Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

I think that it is always best option to hold the investments whenever they are running in losses because the whole market is down. Since Bitcoin is a trusted coin so you should not fear that it will fall to zero. It will definitely rise after sometime. So I don’t see any point of selling such top coins at loss. In case you hold some other coin and you doubt that it will recover then just sell it.

dreico

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a good decision at such a time will be keeping it at home, and if you do not own the bitcoins then its acquisition

solenn heussaff

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Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

In my own opinion, the best strategy to take when the price of bitcoin is low is to hold your bitcoin. We need to wait for the time to rise before we sell our bitcoin so that we will gain high profit when we sell it.

Maiscoinyelo

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Activity: 175

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Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

Hold your bitcoin because the price is still low. If you want to earn a high profit, you have to wait the price to rise then sell it. Don't sell it now and don't panic with the price. It will rise soon.

wormgummy019

member

Activity: 328

Merit: 10

Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

We have no other choice when the price of bitcoin is low but to hold it and wait for the time to rise. That is the only strategy that I know to earn a high profit. We have to be patient in waiting.

DaWidyaa

full member

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I don't think of doing anything when the price goes down, I just surrender to this kind of situation, maybe the right thing when in a situation like this is to stay calm and be patient until the price returns to normal, and if you can, don't panic then sell at a cheap price that will worsen circumstances.

spyda5556

newbie

Activity: 34

Merit: 0

At this point I'm holding because I have allot of good positions on coins and since I hold a variety of alt coins it would too messy to trade them into another coin like bitcoin and the into USD tether and buy back when the price hits the bottom. I did it before it was profitable but I'm good now. And also it's too nerve racking because you never know where the bottom is and at any moment the price could spike and you risk having to buy back at higher price than your original position.

South Park

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I am terrible at Fantasy Football!!!

Quote from: notnotok on September 03, 2018, 07:01:34 AM

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

This strategy will depend on the kind of person you are and what you're trying to accomplish, for example selling at the very top of the market was a very good choice when the price was close to 20000, you could have sold for fiat or for tether and then wait for the market to reach the bottom as it has already done and then buy again, if you did that you could have tripled the amount of bitcoin that you hold.

Dico88

full member

Activity: 406

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Currently the price of bitcoin is quite high compared to the previous price when you bought it. If you believe that bitcoin can recover and the graphics will last soon, it will last longer. Cool

HerbertMarcel

member

Activity: 221

Merit: 10

When the price start falling and if we already have bitcoin which is bought in high price then we must hold it and also buy new bitcoin in as low price as we can so, we can compensate our loss and also get benefits.

LyQaN

sr. member

Activity: 588

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The simple strategy that we all should use when the price is down is to have patience.I always say that it is purely a game of patience.We just have to be calm and positive about our investments.Price drops are common.You can invest more if you want because the price will rise again and we will get a better price to sell.

tekhesaplar

newbie

Activity: 84

Merit: 0

If you believe that you will fall more often, you should make a few calculations with the amount in your possession.
Can I get it at a lower price?
Or is it not worth the risk?
It's up to you.

adpinbr

sr. member

Activity: 1078

Merit: 254

Now if the price falls down, then it's a good strategy to buy some BTC while the price is still low, the low price of BTC is the right price for buyers, and with that being said, buyers tend to buy a lot of BTC when the price is low thinking that they can earn profit out of it when the price comes back up, and the main problem here is that these buyers does not know the movement of BTC and they tend to panic whenever the price continues to go down, so I think the best strategy when BTC falls is that you should never lose faith whenever you're waiting for the price to come up, because it will come up eventually.

trauchot

member

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It all depends on which price u bought your bitcoins, if when the price falls you want to sell bitcoins and the price is more than when you bought them, then you already can decide whether to sell or not, the most important thing is to be always in the profit. If you have small investments or you do not worry about the loss of funds that you invested in bitcoins, then it's better to wait for the price to rise.

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