Topic: What to do if the prices down again? - page 22. (Read 2064 times)
As Bitcoin peaked to $20,000 just before Christmas last year, it was unstoppable in both its growth and dominance, but since then it has dropped away in both respects as altcoin seasoned opened up the new year. The original cryptocurrency saw its dominance fall to below 33 percent as others such as Ripple, Stellar and Tron have snatched some of the overall market cap. However, already on the comeback trail, the belief is that Bitcoin will still be the market leader through 2018. Buy and hold bitcoin
No one knows what the price fluctuation will be. Always have money on hand so you can buy when the market dips.
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 regularly monitor the index of cryptocurrencies, then you can recognize that USDT is very stable crypto, the rate always fluctuates at $1. So if the market price falls again, then the advice is to convert all the cryptos you own into USDT then hold and wait for the bottom price and then buy again to make profits when the exchange rate increases.
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there are many options when the price is back down, you can hold the coins and buy lots of coins. it's a good choice than you sell coins at cheap prices and maybe you can get big profits
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?
It would be okay for me, personally Im really decided to take it as my long term investment and I actually ready risk the amount I have stored in. Though I dont really want it to dump, we cant remove tge fact that it might happen. What I actually do to avoid disappointment is that I keep my self away from looking at the chart. i still have the confidence that bitcoin will increase and reach it highest peak of 2017.
people who know bitcoin should to hold when bitcoin price goes down, this is not the first time to bitcoin price decrease and there is no reason to sell bitcoin. as long as bitcoin price not fall under 90%,we should not to worry and keep patience to make profit.
We should inure that it is already a normal thing, that the price at most of the time gets low and sometimes gets high so it is just like a roller coaster so we need to at least find the time to always check the price, when is the perfect time to buy, the time to sell and many more considerations.
people who know bitcoin should to hold when bitcoin price goes down, this is not the first time to bitcoin price decrease and there is no reason to sell bitcoin. as long as bitcoin price not fall under 90%,we should not to worry and keep patience to make profit.
Rebuy and hold, it's the most effective way. What the op says may be true and i associate it with the new crypto growth that has been launched recently. Certainly, bitcoin is affected because the state which publishes the crypto emphasizes and narrows movement bitcoin under the pretext of regulation which is actually a ban.
People who don't have some patience are not for crypto-trading. People who don't like to take risk are not for crypto as well, everything in crypto is all about risk-taking and patience, waiting for the right time and risking it all is the way to get more from this field, just HODL your coin and wait for the right time, it might take long but don't worry, it would surely come.
Today expiration of futures options for bitcoins has passed and I believe that growth begins.
So don't sell and hold Bitcoins and other assets. The market will fully recover soon.
So don't sell and hold Bitcoins and other assets. The market will fully recover soon.
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 you are really a newbie in trading then the only option that makes sense is to perform the first option, hold and keep holding no matter what, these kind of conditions in the market can crush a newbie trader, it is easy to look like a genius and think you are the next great investor when the market of bitcoin grows 20 times but in these market that are unstable and have a tendency to go down you can easily lose all your money. 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?
I think it is better if you don't believe in rumours too much. The prices go down,its true, yet we can't predict by how much it will decrease or increase. But if so,the three points you have mentioned was correct. These are the basic points that every investors should follow. Specially,to buy more tokens amd hold it for a long time until the price increase.
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?
Here are my suggestions:
1. Don’t listen rumors (make your own research and rumors are not included in that research)
2. Crypto works well in long term hold (if you’re not TA expert never do trading because you will lose half of your money)
3. Don’t look the coins or altcoins market price (These will only create panic so if I were you, focus on other crypto generating income)
4. Read the other post (there are hundreds post similar to these question, find time to search first your inquiry it will save you a lot of time)
As far my ability to assess the market of cryptocurrency, i can say that bitcoin is likely to be consolidated through this year one of the beitain's bank has recently commences to accept bitcoin in their system, however it depends on respective decision. If the price goes down, i will still keep holding because i believe it is now time for bitcoin to grow up
I think it's time because the accident happens suddenly the bitcoin price drops, I'm buying a lot of bitcoin and I hold it until the price rises to make me big, Sometimes it happens to double my money and sometimes my money is triple different types of altcoins.
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?
It depends on the coin that you hold my point if coin like bitcoin, ethereum or ripple which is a big crypto I would advise to hold it up to get the price back up, if you have more capital I think it is better to buy at a low price, it all depends on the crypto that you hold will potentially rise or not. 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?
Many people here have gained, during years, the awareness of being a bad trader. I am a bad trader, and hence i'll HODL!
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 first thing you should not get tensed with rumors, just try to keep your mind clean and concentrate on trading.
If you believe in rumors then you should also believe that rumor time is the time to buy and sell on news. It is one of the good ways of trading.
If you have bought at a certain price and then the price dropped, then there is nothing much left for you to do except 2 ways in my opinion.
1. Just hodl and wait for the price to rise again
2. Get some more funds and buy more of that coin to make the price averagely low - this formula helps a lot if you have a good strategy.
If you have traded the bear and if you made any profit trading the bear, I will suggest you continue what you were doing before and possibly double your effort in that regard. But If you want to trade bear market for the first, just put some fund aside to average down at different price decrease.
In my opinion i think this option is the best strategy for it. 1) hold our assets and wait until the market got fully recover to start trading and in addition for a newbie you should read some news about the bitcoin price everyday and don't rely on others predictions and learn some technical analysis , To prevent selling while your profit is dumping
Of course, when the bitcoin price drops you need to buy a bitcoin price, that's just the way you can earn more time again. Just when you've bought a low price you just hold it and wait for it to rise again.
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