Topic: What strategy we should take when Bitcoin price fall - page 8. (Read 2048 times)
I always believe in long term investments. The long term investments always prove to be beneficial in the long run. The cryptocurrency market will always be fluctuating. You should try to be patient and hold your coins.
I think having 'patience' is the best strategy if the price is falling because you can not do anything without holdong it. The price will soon increase for sure just have patience and you will see the result.
There will be different strategies. Because you should act as the moment is going on. If you think you will have profit later you can hold. Otherwise you can sell if you want.
It completely depends on you. If you have faith on the coin on which you are investing on, you should always hold your coins. The cryptocurrency market is always fluctuating and you never know in the market faces a pump. So, it's always better to hold your coins.
I think every strategies depend on the situations. And everyone can have different strategies in different situations. But from my opinion i prefer to hodl until the perfect time comes.
If you think that you will not be able to sustain in the market when the price keeps on falling further, then it will be better to sell them because you might end up making bad decisions if you are in doubt or do not have the confidence in this situation.
From my opinion i think holding is the best option. As i think most of us have some faith on bitcoin so holding will be preferred most. But you can go for selling if you need to.
The best thing you can do in the times of bitcoin’s price fall is holding. Do hold on your coins and wait till the BTC market gets back to it’s stable position.
At the times of btc’s price falling you can transfer the coins to the account assiciated with an exchange you are with. When price is back at it’s reduced rate you can take it back.
My strategy is to buy more bitcoins in the aftermath of losing it. As a result, I can recover all my losses and earn more profit. This is also what professional traders are doing so they are more in favor of the market collapse. And of course you have the patience to succeed in this field.
If you have Bitcoin you have to think about in the long term. Short term Bitcoin investment is very dangerous. You invest and then you make money in 1 month.. Impossible.. If you want to make money with specially Bitcoin you have to wait at least a year.
Hold it, and never sell when the price down. better to hold or buy more before the price going up. If you sell it now at fall market, will make you lose some money.
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?
The best and the easiest is to to not ask,. We At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
that is, by taking advantage of falling prices by buying bro. or waiting for the price to really drop back. then we buy and hold it until the price rises again. but not to benefit money from loan proceeds
I believe that when bitcoin is down, there is an altcoin that is up. Although in rare cases, so you have an option to invest in it to at least win back some price depreciation caused by bitcoin when its price is down.
it is very hard to say. the last day we all saw the fall. all the coins fell in the seconds. it is very difficult to capture this process. so you need to stay calm.
Stay calm for awhile and set your mind. Think on how long you want to hold and if you can't really take the market now, its either sell or stay away as much as possible of looking into any charts.At the end, you're still the one to decide. If we say hold and you went to losses, you might blame us.
It's up to you man. But I think this is a very bad time to sell bitcoin. If you sell now then maybe you will be loose profits o. But if this price still in your profit then I think you should sell! You can buy again if the bitcoin price goes to down more than now!
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?
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
it all depends on your actions in the market, if you are a trader then you need to put a stop loss in order not to lose money, if you are a holder then just move away from the charts and try to relax.
Previously, I thought that we just need to wait for the increase in price of bitcoin, but now I understand that this strategy is of little use. It seems to me that it is necessary to study the tactics of traders and start earning on the course changes and volatility of the cryptocurrencies.
What i believe the most effective strategy we should take when bitcoin is down is to be patient and focus. Yes, it should start within ourselves first because if you don't have these quality, then you might sell of your crypto assets because of the negative news around. Once you have that, then you can hold your cryptos for a while until a full recovery in the proper time. It's also good to invest more because the price is already cheap which means you can buy a good quantity of cryptos you like.
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