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Topic: What to do when prices are falling - page 76. (Read 46532 times)

sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
October 05, 2017, 04:56:03 PM
prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price
I would do something slightly changed. I will hold half of them and then use other for trading. And will try to make them double. Will stay in touch with news and if the price seems to raise then I will sell the holding bitcoin and then will use the other bitcoin.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 05, 2017, 04:47:10 PM
When the prices do fall I tend not to panic and cash in my bitcoins instead I buy a lot and HODL hard. I do check the market from time to time to assess whether it's a good thing to hold or not.
When it comes to bitcoin I do not worry, I do not check the prices that much anymore since I know that the price will eventually go back to normal after some time, it does not matter if it takes weeks or months but when it comes to altcoins I keep a very close watch on them and decided if I keep them or sell them.
sr. member
Activity: 790
Merit: 261
October 05, 2017, 03:18:02 PM
For me i would just stay calm but if the volume is not that good and it is dumping so much i would probably sell it but if the dump is just quick and it goes higher i would sell there.

That's the quality of experienced users like you because when the price falls that's the right time to buy and make it an asset for future because I had little amount of bitcoin left in my wallet and the price dipped so I left the bitcoin as it is with broken heart and after 3 years it's value almost increased by 8 times so it's better to store more when the value if less or down.
sr. member
Activity: 257
Merit: 250
October 05, 2017, 02:39:17 PM
prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price

I agree with you, uncertainty regarding the future outcomes is the biggest reason for not holding the coins, The most losses of investors of gains is investing on scams coins or selling too early on promising projects, Then boom, out of a sudden news leak on reddit and the price hikes basically overnight. Since you cannot time these it can be a good strategy to simply say "find a coin you believe in and just hold it for at least several months - it may not go up immediately, but in the long run you will be happy".
you should not be worried when price are falling if the prices are falling so it will not be a permanent fall it will be a temperory fall of prises therefore you should not be worried of loosing money it will be an opportunity to buy more and more bitcoins because it will not be a permanetn fall of bitcoins.
member
Activity: 94
Merit: 10
October 05, 2017, 01:34:05 PM
The prices are dependent upon current market situation.There are two best things that one could do when the price of coins are falling.Hold the coins so that you don't suffer from any losses.Buy more coins to make good profit when the price recovers.
Yes, I also have the same opinion with you. Altcoins and Bitcoin are all digital electronic currencies, which are traded very frequently, so it is normal to see fluctuation in price fluctuations. If the price drops, the first thing we need to do is to stay calm, do not panic sell everything else or we will loss more. Be calm and see how the next situation. And as you said, if you can afford it, buy more coins because if it raises, you will have a lot of profit. Of course there are good altcoin options, potential growth and value added in the future Cheesy
if the prices of bitcoins are falling then it is blessing for you because because the falling of prices will be temperory so it will be advantage for you to buy more and more bitcoins then you will see the prices going higher so you will be rich in leaps and bounds.
sr. member
Activity: 490
Merit: 250
October 05, 2017, 09:33:13 AM
For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell

This strategy is good you sell if you think you are losing a percentage of your money and then transfer to another coin that has potential to pump. But I want to ask you on what percentage are you going to dump your coin if you are in a losing position? Because me I usually do it if I am 10% loss.
full member
Activity: 420
Merit: 101
October 05, 2017, 07:33:54 AM
For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell
hero member
Activity: 770
Merit: 505
October 05, 2017, 07:27:35 AM
if the bitcoin or altcoin price falls, you just survive and buy again when the price is low.
it is a way that you do not lose. the key of a trader is patience,
The issue is not everyone wants to be patient and that is always the first good quality of a trader most especially when you are sure of your stand in a market. With the market most times, except for a coin that does not have prospect, but for bitcoin or any other altcoin with good prospects, there is nothing that absolutely goes down that does not come up. It is left for whoever wants to trade, to have the patience sometimes to allow it do so
full member
Activity: 357
Merit: 102
October 05, 2017, 06:32:15 AM
It is the greatest chance for a trader to buy more coins when the price failing down. I personally buy huge amount of coin with low price and i sell it on the time of pump. Majority time I can be successful in this way.
The fact is that you always need to choose panic from your weekdays, because the crypto currency has always been unstable and has been falling and rising, but that does not mean that you need to run and sell everything. The fact is that there are many specialists who predicted the huge growth of bitcoin, and we will definitely wait for it.
Holding is the best option when prices fall because if you sell at fall you will bear a loss and there will be no negotiation of that whereas if you will hold at tie of fall you will be able to secure enough and there is one thing more when there is fall in market buy coins and save them till the pump occurs and then sell them and you will get more than enough.
sr. member
Activity: 616
Merit: 250
October 05, 2017, 05:53:53 AM
For me i would just stay calm but if the volume is not that good and it is dumping so much i would probably sell it but if the dump is just quick and it goes higher i would sell there.
MRY
full member
Activity: 560
Merit: 109
October 05, 2017, 05:53:35 AM
When the price is falling, its a good time to took opportunity to buy btc, Because we all witness how cryptocurrency works , its like a wheel, a cyclic direction, sometimes it goes up and sometimes goes down. that is why investor in trading took advantage in the fluctuations of btc. The more you are wise in trading the more money you earn Smiley

good idea when the price of bitcoin falling do not panicking because that you buy bitcoin in the lower price if need to sell bitcoin because use it for the daily needs and if have an extra money to buy bitcoin for the savings in long term unti bitcoins or altcoin goes rising again and the return profit holding in the long term good money back interest.

it is better to hold and wait patiently until the price rises again or at least reaches the price at the time of purchase and if we have money, it is better to buy bitcoin when the price drops
member
Activity: 66
Merit: 10
October 05, 2017, 05:49:43 AM
It depends on your desires and possibilities. If i have enough money to trade and ATH was a lot of time ago i prefer HODL.
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
October 05, 2017, 04:44:32 AM
Don't scare price falling. Just hold your coin and focus on the project. It that project is not a scam so definitely you will make the profit. Just hold it for a long time. If you can hold your coin so obviously it will give you a huge profit which you can't imagine now.
sr. member
Activity: 291
Merit: 250
October 05, 2017, 03:51:14 AM
HODL
only HODL.

Do not sell your bitcoin, wait for forking and voilaaaaaa, buy cheap coin.
Do not sell it now.
hero member
Activity: 896
Merit: 514
October 05, 2017, 02:53:30 AM
I think the best thing to do is to make sure that you never sell your coins for a loss. Just hold on to your coins and wait until you sell them for a profit. Holding your coins will surely help you earn good profits.
The best thing is holding the coin and buying the new one. Holding is best because it will not affect your investment it will be safe until you want it and buying new because they will give you more profit in time of high market so do these two thing you will be successful.
From different users quote its clear that bitcoin holding is the right thing to do when the price seems falling. Other than that, what I do is try to make an earning through the other assets that I keep hold into my wallet. So, an diversified investment is the one that provides a better way to profiting even when bitcoin value declines.
Exactly every wise person in this world of crypto will advice you to make long term businesses. They are profitable actually. But that is not hard and fast rule, rather it just depends on the person who is doing it.

In hard times, there must be holding whatever strategy you are following. Wait for the time so that prices gets back to its position.
hero member
Activity: 3010
Merit: 666
October 05, 2017, 02:31:17 AM
price falling!!don't be panic.just hold the coin and keep your eyes on the project news.if the coin has a real value then don't waste time.just buy more coin and hold them until the price is raised.I followed this rules regularly.hope you also like it.
Close your eyes if the price is falling, that is not the end of your investment as it's normal to see a pump and dump situation in crypto.
The winner are those investors who believe and they don't panic on the situation, sometimes it cannot be avoided that we keep looking at the price and we are hurt because we did not sell our investments when the price was good, that's what we get if we seek more, let's be patient don't let your emotion ruin your plan.
legendary
Activity: 1386
Merit: 1058
October 05, 2017, 02:00:45 AM
When the prices do fall I tend not to panic and cash in my bitcoins instead I buy a lot and HODL hard. I do check the market from time to time to assess whether it's a good thing to hold or not.
It would be for your own good to not panic during the downfall. One must train his brain to stay calm under all situations.

If the price is rising high, we must not go crazy even then but it won't be fatal whereas losing one's control over the nerves while the prices are reducing can bring great loss. It would be more clever if a person starts investing in it at that time.
newbie
Activity: 35
Merit: 0
October 05, 2017, 12:23:27 AM
This condition only temporary i think, because china currently block the btc transaction. So as long as the condition still the same, i think it's better to sell it first and then we buy it back after the market is running.
full member
Activity: 616
Merit: 102
October 05, 2017, 12:06:16 AM
When prices are falling and you are not a trader then hold your coins. If you are a trader then do the maneuver to take advantage of the price fluctuations.  Smiley
hero member
Activity: 1106
Merit: 502
October 04, 2017, 09:28:20 PM
Yes it is terrible, if all odal are stored there.
there is no hope other than holding it for some time until there is certainty the price will rise again.  Angry
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