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Topic: What to do when prices are falling - page 54. (Read 46506 times)

full member
Activity: 167
Merit: 100
November 10, 2017, 08:41:16 PM
what to do when the price goes down? which I usually do if the price is down, I will buy more, because this is an opportunity for me to get more buy coins when the price is very low.
because in the future later bitcoin prices will grow and can give me greater results, and will have many opportunities to get bigger profits.
hero member
Activity: 552
Merit: 500
November 10, 2017, 12:13:12 PM
Im going to hold my present amount of coins and wait for the best time to sell..and also Grab the opportunity to buy more coins in addition to my present balance.but I make sure that the coins that I am going to buy have a capability to increase again thier value in a not too long period of time..

Is my strategy ok.??

You can still work on bounty campaigns while waiting for your coins to grow or you can build your own mining rig so you can earn more coins passively and the only problem will be your electricity consumption.
If the coin is bitcoin, then holding works best even when the prices are continuously decreasing. Rather most of the experts consider it as a time for buying more and more bitcoin for enjoying big profit when prices are increasing but if you are holding some altcoin and it is continuously decreasing in value, I will suggest you getting rid of it as soon as possible because altcoins do not have great potential of recovery.
I do not think so, Bitcoin and Altcoin are cryptocurrency and the market always have cycle for Bitcoin and Altcoins. Bitcoin can be good currently, but in next year, we do not know Bitcoin is still good or worse than Altcoins. Example the growth of Ethereum and Bitcoin earlier this year, Ethereum passed Bitcoin because it has pumped from $10 to $400 in 6 months.
hero member
Activity: 854
Merit: 501
November 10, 2017, 07:16:39 AM
Im going to hold my present amount of coins and wait for the best time to sell..and also Grab the opportunity to buy more coins in addition to my present balance.but I make sure that the coins that I am going to buy have a capability to increase again thier value in a not too long period of time..

Is my strategy ok.??

You can still work on bounty campaigns while waiting for your coins to grow or you can build your own mining rig so you can earn more coins passively and the only problem will be your electricity consumption.
If the coin is bitcoin, then holding works best even when the prices are continuously decreasing. Rather most of the experts consider it as a time for buying more and more bitcoin for enjoying big profit when prices are increasing but if you are holding some altcoin and it is continuously decreasing in value, I will suggest you getting rid of it as soon as possible because altcoins do not have great potential of recovery.
member
Activity: 84
Merit: 10
November 10, 2017, 02:37:18 AM
Its just a normal, sometimes the price increase sometimes decreases. But nothing to worry, you have to wait and dont't panic. Trading entails right timing, if there's deflation, don't sell. In order to make you win.be more knowledgeable for the situation, there is the perfect timing of every thing Smiley
full member
Activity: 560
Merit: 101
November 10, 2017, 02:33:24 AM
When price is down don't despair,  it is an opportune. Time to hodl and invest If you some extra money. Be patient and panic is not the right thing to do. Trading entails right  timing for you to earn.
full member
Activity: 336
Merit: 121
November 10, 2017, 02:28:58 AM
First and foremost thing you have to is when prices are falling you should not panic start analyzing the reason of following whether it is due to market sentiments are real crises a head might going to be continue. According to the situation only you should react. If things are quiet comfort just hold and wait for the right timing. If you observe it will worse then present situation better to quit.
whenever the price of bitcoin is going to down then you need to start buying more and more bitcoins for future so whenever the price of bitcoin is going increase from present rate then you need to start selling bitcoins through this way you will earn more and more bitcoins and it is the best way of trading.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 10, 2017, 02:17:24 AM
First and foremost thing you have to is when prices are falling you should not panic start analyzing the reason of following whether it is due to market sentiments are real crises a head might going to be continue. According to the situation only you should react. If things are quiet comfort just hold and wait for the right timing. If you observe it will worse then present situation better to quit.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
November 10, 2017, 12:06:54 AM
Just hold, don't scare  Cool Cool
I will hold the holding and it does not matter to me if the bitcoin price goes down, because someday it will increase again maybe it's just a game or there is a problem we do not know, when it comes down there is an opportunity to buy as much bitcoin as possible to invest and collect it, because I sure one day will go up again and for me it is very fun ..
full member
Activity: 265
Merit: 100
November 09, 2017, 11:44:59 PM
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?).

Probably just get calm and just do not panic and hold your coins because nothing good are going to happen if you over think about it. And worst are going to happen if you are driven by your negative emotions, just always be optimistic all the time because you do not want to cut off you loss because we all know bitcoins they always come back up and rise again every after a fall. So there are nothing to worry about. Some people are panic selling their coins because they do not want to take the risk but look what happen to them. They missed all those profits that they should have if they just only trust their coins. Just be faithful to your coins.
hero member
Activity: 700
Merit: 500
November 09, 2017, 11:22:23 PM
Anytime the  price is reduced ,you should buy coins at affordable prices and industry it or  ensure that it stays till it reaches a greater price and sell it to achieve profit.

You're right, that is the best thing that anyone could do everytime when the price is falling down to have a huge profits when the price will PUMP. It is all about being wise on how you handle your money, it is better of you are going to make another way to earn money and not be contened on just one way on earning money.
full member
Activity: 420
Merit: 103
November 09, 2017, 09:48:45 PM
If prices are falling, you can buy more coins and then hold them. Because after a drop in price, it usually increases after some time. Take the opportunity of investing in more coins when it is cheaper because that is how trading works. Buy at cheaper price, hold then wait for its price to peak for selling.
full member
Activity: 2128
Merit: 180
November 09, 2017, 07:18:09 PM
hold and buy more Grin

Well yeah when prices are falling don't panic instead hold it specially if its bitcoin and do buy more since we all know that the price of bitcoin will bounce back days after the dump. People should know how to control emotion for them not to loose big money.
newbie
Activity: 28
Merit: 0
November 09, 2017, 04:36:19 AM
hold and buy more Grin
full member
Activity: 336
Merit: 100
November 09, 2017, 12:10:30 AM
When the prices is falling, maybe this is the best time to take opportunity to buy alt-coins at lower price, I still believe that characteristics of cryptocurrency are like roller coaster sometimes it goes up and goes down. We already witness how it works, No doubt, buy then if you find profit then its time to dump:)
member
Activity: 154
Merit: 10
November 08, 2017, 11:11:15 PM
In trading first thing we have to do is right time right decision for that we should be very focused nothing else we have to do as everyone aware when price is low if we confident hold, and accumulate not just panic and start selling it, we have to analyze whether it has potential or not to progress. If we are very much confident then only we can hold otherwise we can sell. At present you can hold for a while and decide.
full member
Activity: 140
Merit: 100
November 08, 2017, 11:10:37 PM
when prices are falling, it is advisable to buy and hold if in terms of bitcoin but when in altcoin though this is not advisable since in altcoin is very unsure in their value in the market. Bitcoin as it is, is very independent because the market can do a direct exchange to bitcoin while in altcoin, the price of altcoin depends on bitcoin so it maybe worthless if the price falls.
newbie
Activity: 4
Merit: 0
November 08, 2017, 10:47:32 PM
cost falling!!you shouldn't be panic.just contain the gold coin and keep your vision on the task news.if the gold coin includes a real value then don't waste time.just purchase much more coin and maintain them before the prices are raised.I followed this guidelines frequently.we do hope you also like it.
full member
Activity: 519
Merit: 101
November 08, 2017, 10:18:12 AM
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?).

You have posted this in the times that you are worrying about the bitcoin you buy in 4600$ value and this is in the month of september. By that time, bitcoin drop and drop and drop. Now look what happened it is above 4600$. If you just hold and wait you already earn a big amount of money right?
Regarding what happened, I think you already lose your hope.
So is buying bitcoin bad ? I say no. "Patience" is the key. We must learn to wait and trust even though we are not really sure in what we are entering.
Now will you do the same thing such as buying coins again? Analyze its previous prices. At least in bitcoin you already have start.
full member
Activity: 212
Merit: 102
November 08, 2017, 09:47:48 AM
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?).

trust me once i had 700 Eth and i sold on maybe in 6000+ usd , but now i am every day regretting , because i made mistake at that time when i saw little fall in ETH , thats why i am very carefull with falls , and making move very carefully and so far so good with BTC 
legendary
Activity: 1176
Merit: 1024
November 07, 2017, 08:20:47 AM
many people afraid whenever bitcoin drop they may lost their money more and more, but they dont know, bitcoin is hardly to drop too low, so they sell their bitcoin to cut the lost, however i think before we do that we should stay calm and think bitcoin will rise again in the future, this is just a fluctuation of bitcoin so hold until it rise again.
Bitcoin dropping these days does not even pose much fear again in the minds of anyone as most weaker hands are getting stronger knowing that dips are even positions to even buy more for profit. Although, for alts, this is just not the case and unless you are willing to wait for a long time after the blood shed for the coins to recuperate back to the value you got them, it is better you sell them and then buy back at dips.
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