Topic: What to do when prices are falling - page 36. (Read 46540 times)
This is the time where your patience is highly recommended. Basically when the price goes low means an opportunity to buy at low cost. Otherwise, to wait and believe for the price to go up. Its not always a walk in the park. We need to wait and be patient and positive that it will go up again. Tendencies are we might be panic and bargain to sell it. Personally I have a trade and it took me six months until I decided to sell it. Good thing the bitcoin price is higher than the time I bought it.
For me the best thing to do when the prices are falling is dont panic, because when we panic immediatley we will surely comes on our mind to sell it with the very low price so in that way we are the loosers, so another best thing to do is to hold it until the price of it will rise again and always trust and believe that when the prices are falling is it will not take too long
Everyone feel bad when prices falling. You need to be patient when prices falling. Patience is the winner. Be patient.
Since you collecting not just bitcoins but multiple coins. What the proper way to do most especially if the coins are falling is to buy more of that coins in dip and keep holding on the other coins and wait for the peak before you let of it. Or just do a long term investment especially on bitcoins because that is a very promising coins in the future.
which I will do when bitcoin prices go down by collecting or buying as much as I want and bitcoin will resell when prices start to rise. This is one way we invest to achieve many profits. But we also have to wait patiently for the increased sale price of bitcoin.
You should always prepare yourself for all the coming conditions and circumstances. At the time when the market price is falling, the best possible thing to do is to buy more number of coins. One most common mistake which most of the owners of bitcoin commit is that they get panic and sell their bitcoins at the lower price as they don’t know how to handle such kind of situations.
My answer is simple - HODL. It's stupid to trade crypto when there is a drop if it's less than 30%. Just wait and the price will go up again. Volatility is normal for crypto. For example bitcoin fell from $20K to $13K and now is back to $15K. Of course there can be a huge drop and the prices will hardly go up back to its max, but it means the end of that cryptocurrency.
What I usually do when bitcoin/altcoin prices are falling is to do the opposite of logical move! Market want you to sell when the prices are down. Negative sentiment also cause people to panic sell but the right thing to do at that time is to buy and keep buying your way out of depressed market!
Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
Nothing! We don't need to panic because it can lead us to lose our money. We must really buy a coin that is really full of potential for us to have a hope that the coin that we are holding is really profitable. I think its better to invest and buy when the prices are falling then wait until the value of the crypto will increase again. and also I stopped checking the value whenever its falling , cause it can cause frustration.
Perfectly said mate, I lose my investment each time I do a panic when certain price fell down, so lesson learn and begin a new day, I already done dealing with my own behavioral problem so I might say that personally never ride with the fud just continue believing that value will bounce back and possibly much stronger.
People can not be allowed into the new year with a bad mood. And most likely we will fly up to the end of the year. Rally must continue
Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
I think the smartest thing to do when prices are falling is to not panic and just keep on holding. Once, you panic and sell, you'll end up regretting it once the price goes back up again. So, it is better to just be more patient about it and wait.
I think its better to invest and buy when the prices are falling then wait until the value of the crypto will increase again. and also I stopped checking the value whenever its falling , cause it can cause frustration.
has become a common trend when price declines, we do need cash on schedule, so the wave of panic remains on the schedule that has been prepared by most traders. But if we have assets and especially from altcoin, there will always be reserves that make logic levels less burdensome, so you're right when the price goes down we have to buy, and better have a backup to help with the final decision.
I think its better to invest and buy when the prices are falling then wait until the value of the crypto will increase again. and also I stopped checking the value whenever its falling , cause it can cause frustration.
Hello. I have a folio of BTC, ETH, NEO and some alts. I've been watching at Bitcoin since 2015 but bought only at this summer (and the last move was quite bad, I bought some BTC for $4600). I try to study, watch vids, read forum and twitters. Chris Dunn has a vid on the topic but nothing really specific. I'm interested in some ideas about what to do when prices are falling. Sell alts and hold bitcoin? Short? (and if yes, so the next question is how to learn how to short?).
The best thing to do when prices are falling is not panic. You should be confident by now that due to the cryptocurrencies' volatility, this kind of thing happens and eventually it will definitely go back up again. So, there's no need for us to worry because all it takes is patience when it comes to dealing with any cryptocurrency activities.
You don't need to worry about price fall of Bitcoin or altcoin, since you're involved in cryptocurrency since 2015 you'd have realised that HOLD is the key of successful in trading.
Seeing those funny MEME's on different trading group online, others are making laugh of those newbie traders that bought at high price and sold it at lower price.
What you need to do is when the prices are falling is first, you need to understand that panic selling won't help you during those times.
Cutting your losses isn't a solution and you must believe on those coins that you had bought. Buying during those falls is a good way to take advantage on it.
What you need to do is when the prices are falling is first, you need to understand that panic selling won't help you during those times.
Cutting your losses isn't a solution and you must believe on those coins that you had bought. Buying during those falls is a good way to take advantage on it.
I suggested, Hold the coin don't sell it in the low price no need to panic this may could you lose your funds and investment. Keep patience and wait to the right time to sell the coin. when the time alt-coin increase its value, then it’s time to dump the coins.
It is base on the circumstance, If I require the cash I must choose between limited options to offer my coins in low cost, and it comes when there's sudden issues. Furthermore, if not, I will hold my coins and hold up to build the cost. Once in a while in the event that I have a cash I set my coins to the value that has enough benefit. This will the systems of other to make a gigantic benefit, and furthermore you didn't have to invest apportion of energy in guarding the cost.
The only thing you can do when the price dipping is buy even more. In this Christmas season, the price will continue to drop. If you have got the funds it would be wise to buy both bitcoin and altcoins and hold.
When altcoin price is falling I’m just wait for some days and on that time I’m start calculate my buy price . How many price I’m buy altcoin and how many lose I’m feel then if I’m lose some money couple of days later I’m sold allcoin and buy aging because it is dump and when it is grow again I’m sell.
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