Topic: What to do if the prices down again? - page 2. (Read 2064 times)
Keep a cool head first and foremost. I'd suggest holding along with even maybe buying some more assuming the price drop becomes very steep. If it's a small drop, then it's hard to know what the best route with. Keep a cool head and pay attention to any activity, that's all you can do.
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?
The most important rule when the price is going down is, to keep calm! Don't panic, stay clear in your head. Most people got scared and sell everything they got, even when there just a small dump. So it happens a lot to me that i sold it on the lowest point and some minutes after the coin was like twenty percent higher. When the prices goes down, its very important to hold your coins. If you have some money left, you can also rebuy some of the coins, and you got a lower average of your buying before.
Just remain calm and avoid losing your sanity. I know all we want is up but I always remind myself that I made a lot of profits when my altcoins are spiking so high so a little bear trend would not affect me so much.
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.
before deciding on what to do you need to calm down in order not to make big mistake I have seen some people saying you withdraw your asset and buy again. well when you are buying again do not forget you will also be charged for transaction fees and co when using fiat. i have used my debit card to buy from indacoin before and i dont like there exchange rate it is on a high side. when you hold top 20 coin, you should have problem when the price is going down because they will recover back
if the price drops again then the thing that should be done is to keep holding and wait for the price to rise again because if you sell it when the price goes down then it will lose, so be patient
If you are able to buy more then it is very good option to do instead of just holding it. Especially if you really believe it will rise again, so if you do not buy more means that you are wasting a good chance to earn more profit from the dip.
Just wait and see on the market, when the price is going down don't be panic.
If price is have a potential to recover is it good time buy more.
I am sure that when the prices on the market will go down or will dump, the best thing to do is just to hold and buy more coins that has a lower price that can really get a better future or a better price in the future. Ane the other thing to do is to have a long patience. If price is have a potential to recover is it good time buy more.
The first thing I do is wait and hold the coin because if the market goes down it will come back again so the best thing is only left to do is hold because selling in loss will not be a wise decision.
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?
If the cryptocurrency market crashes, the first thing that you should do is to control yourself. You should not panic for you to create more wisely decision and plan. You should control your emotion for you to not create bad decision. 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?
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?
Who cares ? all options are in your hands. never believe in other people's suggestions or bad news. your choice is your responsibility. if I positioned you I would choose all option depending on the tokens we have whether it is profitable or not when selling them 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?
Prices can go down or increasing extreamly fast but you should keep you head clear and don't make mistakes. Trading can be profitable everytime so don't panic and do your job.
The first thing to do is avoid being panicking out as the major losses are only caused out of panic only. So one needs to accept the downfall and try to hold your coin in that situation. Instead, you should prefer buying the currency as the price decline since it is the only way out to double up your income...
The most logical thing to do when price is down and you want to grab some profit at some stage is tu buy without totally depleting your roll. Now buying on the down trend does not mean buying anything at a ridiculous price. The fashion this year seems to be, so far, platforms and privacy coins, plenty of both around.
Prices can go down or increasing extreamly fast but you should keep you head clear and don't make mistakes. Trading can be profitable everytime so don't panic and do your job.
I don't like selling my holdings just to buy at the very low price which i had thought if it will happen or not. In the past when i saw some downtrend in the price and my holdings keeps on low. It even totally depends on your knowledge of trading and so many people who make a mistake of holding on to coins when they are apparently showing signals of a downtrend are the ones who do not really have any knowledge about trading and they are only gambling their positions
I have a reason for saying that one should always withdraw when the price is down, and my reason is this– they usually say that the price of Bitcoin is being determined the rate of demand which means that anyone can invest a very huge amount of money just to raise the price and then withdraw it. This is where our patience and positivity will be tested and I hope we all can overcome it by keeping our faith firm.Yes don't depend on the other people because you have an own idea that helps you to earn a big money
I will suggest what most others are suggesting, keep your nerves strong and dont sell in panic, if you learn this art you will never lose anything in trading. Secondly, you can buy on dips and HODL, sell when you see you are in profit. What to do if the prices down again, First is consider the previous trend, like knowing when it will drop and when it will rise, because of that, you were prepared what to do in case the price comes down again
some people win when the prices go down. They are called bears. read about bear strategy\ movements, it can help.
if the price keeps going down you have to hold your coins until the price stabilizes and when the price goes down it will be nice if you add your assets by buying coins.
When prices going down you just need not to panic and understand how money do you need to live and how many tokens you can leave on wallet. Price will recover anyway so better to leave almost everything.
Be calm, watch and let the prices go down because you can't do anything with the dropping prices so you better sit and relax. At this time, it is better that you hodl your coin and if you have your savings on your oen and you can able to add your coin better to do it while prices are dropped and wait till it goes up again.
if the price drops again you must first save the coins you have or can buy the coins when it comes down if you have the capital but if you do not have the capital you can also follow the campaign program in this forum to find capital.
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