What to do when price keep dropping ? - page 11.

shine1123

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Quote from: dragonsnapper20 on September 16, 2017, 11:37:07 PM

What to do when price keep dropping ?

Just hold your bitcoins and altcoin until the price back to normal. The market is a bit sensitive right now, because of that news from China. If you have much money in your pocket, you can buy more coins when the price start going down again and sell it back when the price going up and repeat.

denny27

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Just don't panic and hastily take a decision, it's good we keep collecting as many coins as much as we can, while waiting for the recovering prices leads to rising back. Because when panic or haste often leads to regret at the end, it's more good for us to waiting and be patient for a more satisfying outcome.

nelmari

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When price keeps on dropping you either hold your coins or you buy them every time it dips down and do averaging. Don't panic because eventually it will just increase back its price or value.

Allan Ramanda

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now is the right time to buy altcoin as much as possible, because you can invest it first, because altcoin prices will not always go down, and you are also patient enough to wait for the right time to resell it

Metoo.14

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If prices continue to fall why do not you think of selling some altcoin to make a profit from it, almost all altcoins are down and don't except big altcoin ,
let's trade a big man except btc and wait for God to call your name.

kamina87

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If prices drop too much you should keep and only for large coins like BTC, ETH because their prices will soon recover. If you keep the other coins, you need to monitor the market and the news every day to make timely decisions

LodisMcguire

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Price keep dropping,we keep buying as long as we have money
See bitcoin as an investment,even if the price drop so low now,just wait for 1 year or more,patience is the key

LateralThinkerer

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Quote from: dragonsnapper20 on September 16, 2017, 11:37:07 PM

What to do when price keep dropping ?

Stop looking and blockfolio for 1 week. Always works for me Grin

minbosen

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Quote from: patz22 on September 17, 2017, 02:23:44 AM

Keep it! That's the best option because definitely it will go up again. I saw that the price dropped down for the past week but I know that the market value will go up again. BTC is unstoppable nowadays and I think it will rule the business world for the next years - probably next decade.

I think it depends on the reason causing the dropping, it is a good change to buy some BTC and ETH, but is maybe not a good chance to buy some altcoin that is small.

PANK21

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Quote from: dragonsnapper20 on September 16, 2017, 11:37:07 PM

What to do when price keep dropping ?

I think we'll just have to wait until its price will rise again . Because the price of the coins is varying , it means that its not only dropping its also rising and we just have to be updated for the prices everytime.

alva5763

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There are 4 actions you can take,
1) Sell everything. Depending on your buying price you may be in profit or perhaps loss.
2) Sell a proportion so you can take some profit then use those funds to buy back later.
3) Do nothing and hope for recovery.
4) Buy more if you believe price will rise in future.

johnsm79

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Why would someone panic. This is a very logical twist and we can expect more to come.. positives and negatives. Hold on and wait. Unless you are millionaires and you would like to cash something out..

Jack Lee2222

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If your coins were not shitcoin, keep all of them. Do not panic.

Ch1bi

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It depends on what you're trading. If you're trading alt coins, and if you're looking to invest for the long term, you should definitely hold if you believe in the project. If you're day trading then you might want to sell in order to stop losing money. Now if it's Bitcoins, you should just hold them as the price will eventually rebound.

patz22

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Keep it! That's the best option because definitely it will go up again. I saw that the price dropped down for the past week but I know that the market value will go up again. BTC is unstoppable nowadays and I think it will rule the business world for the next years - probably next decade.

hanlieuiypm9832

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I will try to know what is the reason for the dropping by searching the news, since the dropping is caused by closing Chinese exchanges, so I sold the coins on these exchanges or withdraw them out to a safe exchange.

Indrawan77

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Check the news, find out why the price is dropping and then speculate whether the price is going to go up again or not, if it still got chances to go up them go to buy and hold it, wait for the right timing to sell, if there is no chances to go up again just find other coin

andthereyou

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Quote from: dragonsnapper20 on September 16, 2017, 11:37:07 PM

What to do when price keep dropping ?

Just wait and see when the price stop dropping then you can buy bitcoin when that time come. We all know according to price history of bitcoin that after each big decrease in price it would bounce back again and reach a price higher than before. So just relax and enjoy investing or whatsoever you do to earn bitcoins.

xbiv2

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Quote from: dragonsnapper20 on September 16, 2017, 11:37:07 PM

What to do when price keep dropping ?

LTC? sell it

Funeral Wreaths

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keep calm and just wait til it rises back, nothing good you can get from panicking and just sell immediately, instead of gaining you lose more because your emotions, never let your emotions interfere your trades, they will cause you more trouble in the end, you need to have iron balls, or just divert your attention anywhere else so you wont always see the prices.

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