What to do when prices are falling - page 56.

naidray

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Quote from: shield132 on November 02, 2017, 06:59:27 PM

Quote from: ?? on ??

when price are faling is the best time to buy some chip altcoins with btc and wait for one or two month to get you double profit .

Not double, 100x. Oh man, can you really double your money so easily? You say it so easily, but it's not so easily possible.
OP I suggest you to familiarize some experienced traders here, yes, you can find almost every successful man in bitcoin here because of this amazing forum, ask them advices, what they think, also look people's panic on forum and it will help you.

This is a very good advice for someone who would want to get into serious trading. It is not really easy to trade and if you do not have some strategies, you will just be messing up your trade anyhow. If it was that easy, then most people would be making a whole shitload of money right now in trading. You just need to have a strategy and to me the best is, never hold a coin for loss for too much.

It is better to have little loss of about 5% than having a 100% or more loss. If you buy at a position and then it goes down even more, then sell and buy at a level you are sure it is best unless you want to do cost average anyway.

Prabesh Raut

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Just relax and buy some more.

Mrprobit

newbie

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Quote from: usmanov123 on September 04, 2017, 03:56:35 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?).

If you are on a exchange you are very safe the number one rule when the price is falling is to convert your bits to usdt.
And when its at its low buy it again.
thats how you make more btc and more profit.

Rajatruck

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after segwit, our profit will be very good ahah

family934

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Quote from: Sidas_Crew669 on November 03, 2017, 04:53:52 AM

Quote from: pisston on November 02, 2017, 05:31:10 PM

Quote from: xCryptoManiaX on November 02, 2017, 05:11:19 PM

Just chill and buy the dip. Easy money right there. I have bought @ good prices so I am rarely at loss.

And in what way do you analyze this or that coin? The fact is that projects can be good initially, but then the prospect is lost

Like what you are saying that everything can be lost in the time it could not be determined, but one thing you must understand all of that can happen when a team manages the project inconsistent and unclear or may not have good experience in a project both in offline and online. So if you want to get the best project and want to see an investment you do benefit then the main thing to look at is team, after that, we look at projects that will be taken.

whenever the price is down of bitcoin the that the time of buying bitcoin and whenever the rate is going up from present rate then you can start selling through this way you can get more and more profit and never face an loss.

Sidas_Crew669

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Quote from: pisston on November 02, 2017, 05:31:10 PM

Quote from: xCryptoManiaX on November 02, 2017, 05:11:19 PM

Just chill and buy the dip. Easy money right there. I have bought @ good prices so I am rarely at loss.

And in what way do you analyze this or that coin? The fact is that projects can be good initially, but then the prospect is lost

Like what you are saying that everything can be lost in the time it could not be determined, but one thing you must understand all of that can happen when a team manages the project inconsistent and unclear or may not have good experience in a project both in offline and online. So if you want to get the best project and want to see an investment you do benefit then the main thing to look at is team, after that, we look at projects that will be taken.

eddyhalim

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Activity: 210

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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.

okissabam

sr. member

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Quote from: justspare on November 03, 2017, 03:41:43 AM

Quote from: bitgolden on November 01, 2017, 12:44:59 PM

Quote from: Titanos on October 30, 2017, 08:37:37 AM

If you want to cut you loss and wait the price to increase, you can swap your coins to Tether (usdt) when you feel bitcoin dumping for long period. It's always fixed in 1$.
When the prices begins to rise again, you re-buy bitcoin or other altcoin with your Tether.

This is one way to trade most of the top cryptocurrencies by trading against USDT which in this case serves as fiat. You can watch the market, look out for breaking of support and then buying at those points and then watching out as it grows. It is just to have a strategy of never losing too much and knowing how you can utilize the market to your maximum profit.

Yes, utilizing the current market and understanding its risk is the most important thing you need to study all the information to gain a good profit. If a person invests in bitcoin or any other crypto currency he/she firstly should understand its popularity and the risks involved in it so due to this when the coin drops than we should have faith in it.

I agree it is best to utilize the market and could apply it even now, with Bitcoins sky high price obviously the altcoins and all the other tokens are surely really really going down so it is a good time to buy altcoins now.

justspare

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Quote from: bitgolden on November 01, 2017, 12:44:59 PM

Quote from: Titanos on October 30, 2017, 08:37:37 AM

If you want to cut you loss and wait the price to increase, you can swap your coins to Tether (usdt) when you feel bitcoin dumping for long period. It's always fixed in 1$.
When the prices begins to rise again, you re-buy bitcoin or other altcoin with your Tether.

This is one way to trade most of the top cryptocurrencies by trading against USDT which in this case serves as fiat. You can watch the market, look out for breaking of support and then buying at those points and then watching out as it grows. It is just to have a strategy of never losing too much and knowing how you can utilize the market to your maximum profit.

Yes, utilizing the current market and understanding its risk is the most important thing you need to study all the information to gain a good profit. If a person invests in bitcoin or any other crypto currency he/she firstly should understand its popularity and the risks involved in it so due to this when the coin drops than we should have faith in it.

mel1978

full member

Activity: 518

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Quote from: usmanov123 on September 04, 2017, 03:56:35 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?).

In my part, when the prices falling I will buy some alts that has the potential to increase in value. What I have noticed when the price of bitcoins are falling the price of alts will increase so I get into an idea on when to buy alts at lower price and that is when the price of bitcoin is getting down.

shezu007

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Quote from: Ken.drick on November 02, 2017, 08:03:30 PM

Reasonable allocation of funds
Stop loss in time
Long term holding

the price of bitcoin is varying when the price of bitcoin is going down then some people will afraid at that time but i want to suggest them that is the perfect time for buying more and more bitcoins and keep these bitcoins so whenever the rate is increased from present rate then you can get enough profit.

Ken.drick

newbie

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Reasonable allocation of funds
Stop loss in time
Long term holding

ongels

full member

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I wan't to grab the opportunity to buy alt-coins at low price, and when the time alt-coin increase its value, then its time to dump the coins. Wink

kelinci_putih

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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. Dumping is normal in all crypto currency world and by waiting the right time to sell it we really can have earn a lot of profit.

shield132

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Quote from: ?? on ??

when price are faling is the best time to buy some chip altcoins with btc and wait for one or two month to get you double profit .

Not double, 100x. Oh man, can you really double your money so easily? You say it so easily, but it's not so easily possible.
OP I suggest you to familiarize some experienced traders here, yes, you can find almost every successful man in bitcoin here because of this amazing forum, ask them advices, what they think, also look people's panic on forum and it will help you.

pisston

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Activity: 630

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Quote from: xCryptoManiaX on November 02, 2017, 05:11:19 PM

Just chill and buy the dip. Easy money right there. I have bought @ good prices so I am rarely at loss.

And in what way do you analyze this or that coin? The fact is that projects can be good initially, but then the prospect is lost

xCryptoManiaX

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Merit: 137

Just chill and buy the dip. Easy money right there. I have bought @ good prices so I am rarely at loss.

doomloop

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Quote from: Ayush rana on October 29, 2017, 08:24:43 AM

As you know these crypto currencies price changed every second. Holding your coins is a good option because waiting for their value to get increase is good option insted of selling then at low value and wear the loss.

Yeah the price and the value of the bitcoin can never remain the same so it is the time to buy the bitcoin and to hold for the better future I love to buy the bitcoin and to wait till the price of the bitcoin will give you the return, I think the only thing we need to be careful about is the price of the selling it is not good to sell your bitcoin for the low price and the value while the bitcoin is now increasing in price.

zeaderza

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Quote from: bitgolden on November 01, 2017, 12:44:59 PM

Quote from: Titanos on October 30, 2017, 08:37:37 AM

If you want to cut you loss and wait the price to increase, you can swap your coins to Tether (usdt) when you feel bitcoin dumping for long period. It's always fixed in 1$.
When the prices begins to rise again, you re-buy bitcoin or other altcoin with your Tether.

This is one way to trade most of the top cryptocurrencies by trading against USDT which in this case serves as fiat. You can watch the market, look out for breaking of support and then buying at those points and then watching out as it grows. It is just to have a strategy of never losing too much and knowing how you can utilize the market to your maximum profit.

When things are going out of the way, you need to be more optimistic and realistic too. Don’t just wait for things to come back to you, rather go for them and make right decisions at right times. Like you said, you have to watch out the market and when bad times comes, then be more vigilant and patient too. As these two are most affecting characteristics at that time.

wurth

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Quote from: Blue Think on November 02, 2017, 04:54:15 AM

Quote from: usmanov123 on September 04, 2017, 03:56:35 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?).

I think BTC is right now the ground truth asset, the rest are orbiting around. Rising altcoins and converting them to BTC is a sure movement right now, your gains will be low but consistent.

Maybe, the price of Bitcoin will increase until the end of this year. Now, it passed the target at $7,000 I think next target should be $10,000 for Bitcoin because $8,000 or $9,000 easily to breakout than the strong resistance price at $10,000. However, I buy altcoin instead of invest in Bitcoin again. But I do not buy altcoin still around support price, I choose some altcoins can't dump more.

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