Topic: What to do if the prices down again? - page 16. (Read 2064 times)
Thank you for the responds and suggestions. It helps me much on enlighten my view on this world of cryptocurrency. It's so unique, because while at some points it has similarities with forex and stocks exchange (which my knowledge upon them is not so very deep too), but it also has distinct uniqueness and at some points, unpredictable. Your opinions and suggestions are very priceless to me. It successfully multiply my eagerness to learn more.
There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
If you are already holding your positions then you can do two things either you can hold your positions irrespective of your positions or capital invested or you can book loss for now and buy again once the price starts to move upside. Other than this if you are planning to buy then wait for the correction to end and enter your long positions once the uptrend starts.
Make sure that you plan your trade with correct money management so that you don't get stuck in trades which don't work well for you. You can also do positive averaging so that you end up in neutral in bad trades if you have good money management tricks and that's why I always get prepared for every situation whether it's good or bad.
I think we still in down trand and no point to buy crypto to still waiting for biggest pump and new highs in future times , need alot of time to passed to get back to rising trand and bull moving.
This information is good because maybe the newbie here in crypto world will follow this when the price decrease. But usually we gonne do if the price is going down we buy more coin because we believe if the price decrease it will increase again after few days or few weeks because many people see the price decrease. Other peolle wait the price to decrease more before they buy bitcoin or an altcoin..
There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
For most people, the smart move would be the first one. By holding your assets, it would help you avoid any losses or at least mitigate it. The market so filled with so many alleys and changes that could contribute for your investments and trades to go south. Therefore, if you won't be patient with your moves and just sell with a panicky attitude when many assets are going down without thinking it over first, you would see all your hard earned profit to go down the drain. Instead, why not take the time to actually extend your portfolio, since most coins are down, and it is actually a good time to buy.
If prices are down again and you are still holding your coin refusing to sell for s meagre prices then you are one of the very few strategists that usually make sure lot of money as a holder. Continue with this strategy and you will be very rich in less than 7years!
Preferable to hold because bitcoin fluctuates from time to time, if it drops down, then take the opportunity to put up capital and buy bitcoin. Once the value recovers then this is the good chance to sell:)
yes, holding bitcoin is always good for us but we also have another option which is we can buy bitcoin again if the price is down. so we have two benefits which are we can add more bitcoin into our wallet and the second is our price buy average will reduce so if the price increases for a little, we can directly sell to recover our loss or we can hold it for another time.
Bitcoin user adoption is currently at 0.95%. You are still part of the Innovator phase if you have invested to date.
Now with that said it's important to know that as people flood into and out of the market it very volatile.
My own prediction is that we will see another bull run market in 6-9 months.
Taking that information into account you can than assess where you want to be. I strongly am against selling anything at a loss, but its better than selling it at zero.
Know your projects and invest in foundations such as Bitcoin, Ethereum and Neo.
Profit. As always only invest what you are willing and can afford to loose.
Now with that said it's important to know that as people flood into and out of the market it very volatile.
My own prediction is that we will see another bull run market in 6-9 months.
Taking that information into account you can than assess where you want to be. I strongly am against selling anything at a loss, but its better than selling it at zero.
Know your projects and invest in foundations such as Bitcoin, Ethereum and Neo.
Profit. As always only invest what you are willing and can afford to loose.
If you know the market and have experiences , you can take profit in bullish or bearish moments , the important is that to know the situation and can predict , the if you guess it is going to be bearish you sell and buy in deeper , and I always put stop loss and suggest the same!
In order to do this, you need to be equiped with right knowledge. What knowledge? If you don't even know what bearish and bullish then better back out since these are one of basic things to know when trading. Also, keep yourself updated with the happenings in cryptoworld especially about that particular coin your have. 
If you know the market and have experiences , you can take profit in bullish or bearish moments , the important is that to know the situation and can predict , the if you guess it is going to be bearish you sell and buy in deeper , and I always put stop loss and suggest the same!
if the price of the coin starts to fall again, then all I will suggest is to hold all the coins we have, and wait until the price recovers.
I think this is not just a suggestion from me, but right now I'm holding a few coins I have, I originally wanted to sell the coin, but when I saw the price was down I canceled my wish and kept my coin.
I think this is not just a suggestion from me, but right now I'm holding a few coins I have, I originally wanted to sell the coin, but when I saw the price was down I canceled my wish and kept my coin.
Preferable to hold because bitcoin fluctuates from time to time, if it drops down, then take the opportunity to put up capital and buy bitcoin. Once the value recovers then this is the good chance to sell:)
Definitely recommended to hold bitcoins once prices are low. When that situation happens, there are only two choices which depends on the goal of the investor:
1. Whether you accumulate or acquire more coins for short/long-term investments; or
2. Whether you sell your bitcoins depending on your choice regardless of you earning/losing money (depends upon the CURRENT situation of the investor).
For the first alternative, I recommend to buy more bitcoins as its price may soon skyrocket once again. But this also depends on the reason on why the market for bitcoin fell apart. If the reason is due to a world-wide prohibition against cryptocurrencies in general and developed countries are starting to impose laws prejudicial to its existence, then better start selling it (which is also the second option and highly hypothetical).
It so funny that most individuals who say that bitcoin is popping are also the ones who say that they regret NOT investing when the prices are low. That is why invest only the money that you are willing to lose to avoid any regrets or anything whatsoever.
There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
Hi friend cryptocurrency are not rumor based games. Listening or following the hype is a very dangerous path to disaster. If I were you I will study the technical and fundamental analysis of the crypto. These two analyses will answer your inquiry whether to hold, increase, sell, and others.
For discussion purposes, the technical analysis right now if you are a day trader is to hold. The graph movement is sideways meaning it can either go down or go up. But based on my experience the ups are most probable until the end of March. These are not guessing or rumour these are based on the technical analysis I have made.
Preferable to hold because bitcoin fluctuates from time to time, if it drops down, then take the opportunity to put up capital and buy bitcoin. Once the value recovers then this is the good chance to sell:)
If you bought a bar of gold at $1200 / ounce, then the price of the gold drops to $600 / ounce, you wouldn't actually lose any money at all unless you decided to sell your gold at that time. However, if you wait until the price of gold rises to $1800 / ounce, then sell it, you will gain money. The key is an ounce of gold is still an ounce of gold, regardless of the "price" in some other currency.
Same goes for bitcoin, or indeed any currency. If you trade it at one price, then subsequently trade it at a different price, you'll either gain or lose money.
Same goes for bitcoin, or indeed any currency. If you trade it at one price, then subsequently trade it at a different price, you'll either gain or lose money.
the best thing is if you have some capital then try to do manage and keep it on the hold until the price will not comes up and till then just learn the others altcoins about the trading and market speculations which will help you ahead and if you do not have capital then you can sell it out its depends on the situation what you have.
i think, holding is the best thing to do or maybe we should buy more bitcoin and wait for the right price to sell. Because I believe that dropping of price is a big opportunity specially to those who really trust bitcoin and can able to hold it for a long term with patience. Bitcoin is said to be more profitable if we can really wait for the right time so then I believe that holding is a good strategy.the best thing is if you have some capital then try to do manage and keep it on the hold until the price will not comes up and till then just learn the others altcoins about the trading and market speculations which will help you ahead and if you do not have capital then you can sell it out its depends on the situation what you have.
i think, holding is the best thing to do or maybe we should buy more bitcoin and wait for the right price to sell. Because I believe that dropping of price is a big opportunity specially to those who really trust bitcoin and can able to hold it for a long term with patience. Bitcoin is said to be more profitable if we can really wait for the right time so then I believe that holding is a good strategy. I will pick
2) increase our capital to reduce the average price.
the best thing is if you have some capital then try to do manage and keep it on the hold until the price will not comes up and till then just learn the others altcoins about the trading and market speculations which will help you ahead and if you do not have capital then you can sell it out its depends on the situation what you have.
As far as I am concerned, the best option is to hold until the price goes up again. If you do believe that the price will never fail you, then I strongly recommend holding. Nothing is achieved without a strong willpower and patience. I utterly would hold my bitcoins because I believe that the price will go up to 20k$ again.
It is just a matter of time until everything goes back to normal. Never lose faith in something you believe in even if it faces a crisis because life is like a circle. Today it is powerful, tomorrow is powerful. And the life goes on and on.
It is just a matter of time until everything goes back to normal. Never lose faith in something you believe in even if it faces a crisis because life is like a circle. Today it is powerful, tomorrow is powerful. And the life goes on and on.
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