What to do when prices are falling - page 70.

ubeng07

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Quote from: gabmen on October 12, 2017, 01:30:37 AM

Quote from: pandanaran on October 12, 2017, 12:04:18 AM

If I hold the bitcoin and the bitcoin price is down I still hold it, many people say the bitcoin price will be high and recovered it is evidenced from the incidence of bitcoin decrease, but I'm still confused for altcoin because I think the movement is faster, interest and pricing are hard to guess.

Well you should never sell when the coin is at a downward trend especially for btc because recovery is certain. We keep on hearing this all the time but falling prices should be taken on a positive note.

Yes exactly if the one that we have is bitcoin then you have to be positive that it will rise and the falling of its price are the chances to buy not to sell. We have to be positive anyway.

mx667

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Quote from: ausbit on October 10, 2017, 09:16:48 AM

Quote from: Wittycoin on October 02, 2017, 12:40:51 AM

Quote from: mx667 on September 13, 2017, 12:43:35 AM

Thats the question I have the whole time.
Bitcoin price always get higher.
I always want the price to get low, so that I can buy it.
But, what if I buy the Bitcoin, then the price keep growing low ?
Thats bad for me right ? So I dont do trading. Grin

Its really nice that bitcoin's price is getting higher and higher. As you said, it is really the best time to buy bitcoin when the price is low. When the price of bitcoin is keep on getting low then sell it already. But I don't think bitcoin's price will keep on getting low, I have observed it bitcoin has been there, even its price is getting low it will suddenly grow up rapidly and even so high. So make researches and decide for you to be so much sure.

There are a lot of coins in the market but bitcoin is the big coin according to their rate and familiarity. I agree with your saying then bitcoin rate is increasing and decreasing and due to this varying this trading is in success if the bitcoin price is stop on fixed rate or only start increasing then how people doing trading then everyone will only get bitcoin no one will sale it.

Yes, now I already now the true value of Bitcoin. I do not fear to invest anymore. Right now the only thing that comes in my mind is to invest as much as I can. As you said, I have observed Bitcoin since the price was still around $400 and it keep growing until it reach $5000. Now I have make my decision to invest in Bitcoin. It may go down, but will grow up rapidly fast as soon as possible.

millgates

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Quote from: usmanov123 on September 04, 2017, 04:56:35 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 sure that the price will keep falling, you should sell your coin, it is called cut loss. So although you are not take profit from that sell, you will have a chance to buy that coin in the lower price, when the coin prices is rise you will get profit from it, this is more apropriately called the opportunity sell

Singbatak

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Just hold it. Or you can sell it for its bigger profit when the price of bitcoins has increased. When the price drops, you get a bitcoins higher. And when it's low, it's a good idea to say if you can save 1 Bitcoins at a price of 4,000 $ And when it's increased by 4,800 $ you'll have $ 800 to make the money easier if you're smart when it comes to these situations.

farhaan

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Well,it would be better to hold your bitcoins even if its price falls.I think that you think that you have bought at a very high price by buying at $4,600.But remember,bitcoin is totally different from altcoin.There is no guarantee about recovery of altcoin price.So,it would be better to sell altcoins once its price starts falling.But bitcoin price would soon recover after every fall and it would only get settled in a higher price.So.just hold your bitcoins.

Shorting is a very risky task and many have lost their money by doing it.It could be only done if you surely know that bitcoin price is going to fall down.In shorting,you just sell your bitcoins at the market price and just wait for the price to fall more so that you could buy it again at a very cheap price.

gabmen

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Quote from: pandanaran on October 12, 2017, 12:04:18 AM

If I hold the bitcoin and the bitcoin price is down I still hold it, many people say the bitcoin price will be high and recovered it is evidenced from the incidence of bitcoin decrease, but I'm still confused for altcoin because I think the movement is faster, interest and pricing are hard to guess.

Well you should never sell when the coin is at a downward trend especially for btc because recovery is certain. We keep on hearing this all the time but falling prices should be taken on a positive note.

bitcad4u

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Quote from: xhienigat on October 11, 2017, 10:20:29 PM

The only key and thing to do when the price is falling down is HODL stay away from your portfolio do something that is not related to trading so that you will not panic and get tempted to sell your coins.

Yes .Holding is the best thing to save your bitcoin from the panic selling and saving for the future focus.One more thing is their.It's wait for the price to reduce further and then brought huge amount of bitcoin .Because as we know the price of bitcoin will surely increase,we can sell when the price of bitcoin reaches Moon.

pandanaran

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If I hold the bitcoin and the bitcoin price is down I still hold it, many people say the bitcoin price will be high and recovered it is evidenced from the incidence of bitcoin decrease, but I'm still confused for altcoin because I think the movement is faster, interest and pricing are hard to guess.

XFlowZion

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The smartest way to do when prices is falling is to catch it. Take the opportunity to buy some more. Just be sure that the coin will recover lately.

Thejesusofcrypto

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I have a lot of skin in the game. Some people would think it was unwise to play so deeply with crypto when you have a min. wage job.

If BTC crashes back to 700. I would be F'd but I am prepared to spend a couple years waiting for it to recover. Don't invest more than you can afford to lose on one single project.

xhienigat

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The only key and thing to do when the price is falling down is HODL stay away from your portfolio do something that is not related to trading so that you will not panic and get tempted to sell your coins.

viralz

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HODL is the best now,
it is not that interesting,
but soon after I get my BTC Gold it may be a bit different.

Wait for it

Bezobraznike

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When prices are falling you need to keep your bitcoins, if some other alt-coin
is in question then you need to do a little search about specific coin, to see do
they preparing something new, do they have growing community, what is the
reason of price falling, and please add if you remember something more that can
be important when you thinking to trust in some alt-coin future or not.
I carefully choose where I invest my money, first in bitcoins then in alt-coins.
I keep my coins safe for now when price is dropping and when price is rising, I
believe in long term price will rise significantly and it is better to keep some
coins than to sell them now for cheaper price.

bitterguy28

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Quote from: AleSergio on October 10, 2017, 05:23:46 PM

Quote from: novaprime on October 10, 2017, 08:14:06 AM

Currently, I recommend that you sell all altcoin to BTC and limit trade at this time because there will definitely be a terrible sale on the 25th day and everyone will be in the fire. Hold BTC is the safest way at this time

Who knows, for example right now prices are also low for amost all altcoins, so maybe it is even better to hold alts at the moment, rather than bitcoin, because price of bitcoin will drop after fork will be done

Mostly the same thing will happen as with Bitcoin fork in August.

apperently your opinion is great idea but the investor sometimes panicking if the price falling because of the emotion the knowledge as a trader can't use the skills how to handle properly the invesment become profitable becuse of the emotion, i suggest always calm and relax do not panic go to the right decision.

South Park

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Quote from: kobe24 on October 09, 2017, 07:45:04 AM

Quote from: Ann Impas on October 09, 2017, 07:32:07 AM

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.

If you will do that every of your trades for sure you will lose all your money you can't do day trading if markets goes down and go back again if market will go high that will make you regret instead hold the coin for a few days. Day trading becomes effective when there is a war in the market

Correct, many people think that day trading is about following the trend but if you do that you are going to go broke sooner or later, day trading is about identifying the moment when the trend is going to change if you can do that you can make a lot of money.

rickadone

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Quote from: bitterguy28 on October 10, 2017, 03:56:04 AM

just hold your breath and relax yourself calm do not worry of that with your hope patinece specially used your skills for that sitution monitor your invesment and wait again to pump up the price its this scenario you investment getting profits.

Scenarios like these have happened in the past and they will surely happen again. The most important thing is just to study the market and know when to calm down or when to make a quick decision and if you know the decision is too late and the losses are already big, the best is to take a chill pill, probably just take a work or sleep, do some other activities and come back when the cloud is better. By then, it could have been pumped back or getting closer.

thisappointed

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Quote from: bnlllamo on October 11, 2017, 04:03:20 AM

HODL while you can...there's a lot of FUD lately and some negative news about bitcoin that trigger the dip. Some are just temporary but takes a lot of time before going normal depending on the dip. Though still volatile bitcoin already established itself. For me dip means opportunity to buy more in my portfolio. Bitcoin and alts investment is a risk after all if you don't risk you wont profit.

HODL is not always a good thing to do depending on what or why it's price go dumping like that so it's better we research why it happened like that and depend our judgement on the situation. But as recent news about bitcoin, there are still no news that will not make us hold for it since they are major enough for us to sell it out.

Cosbycoin

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Quote from: novaprime on October 10, 2017, 08:14:06 AM

Currently, I recommend that you sell all altcoin to BTC and limit trade at this time because there will definitely be a terrible sale on the 25th day and everyone will be in the fire. Hold BTC is the safest way at this time

The price is falling and goes to sell the bitcoin and the altcoins the people who want to enjoy the value will be able to increase the income. The people who are making money needs to hold the bitcoin for the long time. The value of the bitcoin is high and the panic selling is just the wrong decision. So it’s good to hold your bitcoin n for the long time till the price will be high again.

RenBct

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For me i do is because i like day trading i sell it and go back trading that if it is in a nicer condition and in a very good volume.

kevpantof

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Quote from: mabell943 on September 28, 2017, 12:12:21 PM

My suggestion with regars to this problem is either to sell your coins or invest more coins just like in any other businesses for them to lessen their loss they are selling their products or coins to a satisfying price another thing is to buy more coins because the market itself is unpredictable sometimes the market is on ita peak but sometimes it is not. So ita up to you whether you sell it or invest ore then wait for the surge.

It is right that stay is better than starting sale out of bitcoin but I would like to suggest that stay till the least expected down price of bitcoin according to your knowledge about bitcoin market nature and buy more in low rate because we have demonstrably observed that after down fall the price of bitcoin get raise 70% of the last highest value. I think it is the most beneficial strategy of collecting bitcoin for bright future.

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