Topic: What to do if the prices down again? - page 8. (Read 2041 times)
The most important rule when the price is going down is, to keep calm! Dont panic, stay clear in your head. Most people got scared and sell everything they got, even when theres just a small dump. So it happend a lot to mee 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 buyings before.
to be expert in trading, need to focus, keep updated on news about what's going on, check out coins about how many of its supplies, check out the trading graph you want to get in, just go online trading every day You know each act of a trading.
When the price goes down, I start to think of myself as having money to continue to buy the Altcoin that I like. The Crypto market can get ugly for a long time, but it can come back soon after and reach the price that it has gained so buy when the market goes down.
If the value goes down, just simply stay and hold still until it recover again, then if totally dump the price value buy a huge of it and hold em in a along term until you get profit of 30% or more depending on your decision.
It is necessary to start to decide you're an investor or a trader! The trader earns both bottom and top, and the investor has a different strategy
It is better to learn to be both an investor and a trader! This will give much more advantages!
It's proven -- "Patience gives Profit" if you have good coin. Apply this method & enjoy your day.
No one can predict so why you try to find market will go up or down.
No one can predict so why you try to find market will go up or down.
Hold it once again. Rising and falling of bitcoin price is the common thing in trading. It is normal flow. Our profit will vary from the decision that we are going to do. But for me, i will hold it again if btc and alts are down once again.
I sold at around $6700 and I lost money. But I still cannot understand where I made a mistake. The market was bearish and it doesn't make sense to me to hold when the price is falling every day. What if bear marked lasted 2 years? Most analysts that I was watching on youtube predicted further decline at that moment and I wanted to minimize the loss. Everyone was sure that it was going even more down. There was a huge number of shorts!
But for some reasons it went up. Someone pumped a lot of money once and after this initial pump the price started growing every day. How could you possibly predict something like this? This situation doesn't look logical to me.
But for some reasons it went up. Someone pumped a lot of money once and after this initial pump the price started growing every day. How could you possibly predict something like this? This situation doesn't look logical to me.
I think it's reasonable to do the same thing as always - just keep calm and wait 
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?
You already mentioned most of the suggestions that comes to my mind. I really think the best way is to hodl, or if not, to cut-loss. Buying during the dip is also advisable just to reduce the average price of your investment. The worst decision to make is to cash out during the bear market, which will just result to losses.
Do what u think best work for u. My opinion
I think you should finish your reply first before there is something bad gonna happens to you in case they mark this reply of yours is a spam and you will get permenant banned.
Do what u think best work for u. My opinion
Theres only one thing to do when the prices are down and that is to hodl. You are going to end up losing if you choose any other option. So you are better off just hodling. Also before investing in crypto markets one needs to know that the prices can drop at any time and he might have to hodl his coins for longer periods as crypto markets aren't a get rich quick scheme and only hodlers get rewarded.
True that, people sold when it went down from 7000-6000, but now you see, it rised again. So it went as a loss fir those who didn't hodl. Crypto market may fall, but some strong positive spark can do magic. So even if the price goes down, best is to hodl, but only if you can. Like unless you require urgent money, then its different scenario.
It's the main reason why people are losing in this market all the time.
Theres only one thing to do when the prices are down and that is to hodl. You are going to end up losing if you choose any other option. So you are better off just hodling. Also before investing in crypto markets one needs to know that the prices can drop at any time and he might have to hodl his coins for longer periods as crypto markets aren't a get rich quick scheme and only hodlers get rewarded.
True that, people sold when it went down from 7000-6000, but now you see, it rised again. So it went as a loss fir those who didn't hodl. Crypto market may fall, but some strong positive spark can do magic. So even if the price goes down, best is to hodl, but only if you can. Like unless you require urgent money, then its different scenario.
It is necessary to start to decide you're an investor or a trader! The trader earns both bottom and top, and the investor has a different strategy
It is better to learn to be both an investor and a trader! This will give much more advantages!
Theres only one thing to do when the prices are down and that is to hodl. You are going to end up losing if you choose any other option. So you are better off just hodling. Also before investing in crypto markets one needs to know that the prices can drop at any time and he might have to hodl his coins for longer periods as crypto markets aren't a get rich quick scheme and only hodlers get rewarded.
It's either you wait for it to rise again or sell it before it gets even lower than 20%. It always depends on the situation if you really need the money for something important then you have no choice but to sell it since you badly need it even of it is in a low price. But if you can still wait for it to rise, then go. It is much better if you'll earn more but in a longer span of time than just selling it immediately because you are in need of money. Patience and good situations are the key points.
If bitcoin has a high price and it starts to go down within a week, then you should sell it immediately because the price might get lower and you'll get a low profit if you'll only be selling it in a low price.That'll be a bad thing since you will not gain that much money because you sell it in a much lower price when it got really low.But if you can wait for it to rise again, then that would be much better for you since you'll gain more profit from that.
if the price starts to fall wait up to one week if it drops to 20% you should immediately sell it because the average of my experience if within a week the price does not rise again there is a possibility the price will fall far down.
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 the price goes down again then stay calm act normal do not be over thinking about those loss you get because thay is the consequences of you getting involve in this if you cannot handle this stuff then quit and stay with banks. Just stay calm do not panic because a lot of people panic sell and that will not help and that will just make the coin fall much deeper. So hold it for a while which we always do and keep it the way it is find another way to gain cryptos and sell when it goes to normal
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