Topic: What to do when prices are falling - page 79. (Read 46506 times)
To reduce losses because the price falls that cause any bad news of the coin, for the better cut loss and buy again at cheaper price, it is difficult to do it by trader in psychologically because it will predict the price will come back again but cut loss will greatly help reduce the loss if the price falls far from the purchase price and will make up the profit faster than just hold
Just HODL, buy more when you can, sell when it is going up (only if needed)
You just have to hold yourself from getting panic and making irregular decision in order to avoid loss and wait for the right time to start trading your bitcoins or sell your projects, designs and products online for bitcoins. Holding and patience both keeps you intact to make better decisions for making more profit.hodl and buy more 
You have although said quite few words but you have given the best advice. I will agree to what all you have said. I think the best way to cash those moments is by buying as many Bitcoins as you can at the time when prices are falling down. This will be the decision which you’ll be satisfied with the most in the future.this is good for us to buy when the prices are pretty low. but the really good thing is that when you sell your bitcoin when you feel that price is pretty much high, and then again buy bitcoin when price become goes down, and in this way just enjoy your profit.
Exactly. Never panic. Think for the long term because it will be beneficial if you can take advantage of any drops to add bitcoins at a much lower price. More profit for the future
Try to make a good decision and do not sell your coins even at the lowest price because that is the reason why you lose your profit, It is because of your fear, Instead try to read more articles and good news about your coins to ease the hard time you were dealing with.
dont sell just hold your coins. long term equals big gains/profit. dont you worry bull market is up soon! we'll be happy!
We cannot dictate you of what to do,there is just 2 option to choose: hold or sell.... we have our body instinct,sometimes im using it.. just a week a go,btc dump too much ,lot people are panic selling but i just hold my btc because i know,it will pump to the moon in time.
That's the good approach for the bitcoin investment. When people are thinking in this way which is my way of thinking too then I like it. It's good because when people are dumping due to the panic situation then we can actually buy and get more profits after the bitcoin has recovered itself. Yeah that's the right way to go for it.
People make mistake a lot of time and sell and then they regret later in because they will have lost many of the investment in that hyper active situation.
I mean there will be no possible way to get the investment back on track as you will have to invest double to recover the previous amount as well as to achieve the new profits.
In my experience all you can do now is just hold. I make some mistake when panic sell before. Everything will comeback. The question just is when?
Anyone who has made such mistake before will surely never make it again. It is good this is happening again when we have lots of newcomers. Over time, news like this will not move anyone that much by letting the whales take advantage of the market.
Have patience at that time. don't panic otherwise you gonna face a huge loss. If there is fall then next step will be rise also. So wait for the perfect time to change your losses into profits.
Never buy at top and never sell at bottom.
Never buy at top and never sell at bottom.
Just sit tight when prices are falling. That's the only surest way to make profits in crypto.
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 it is better to do nothing when that happens, just hold. There’s no need to panic because falling of the price really happens but every time it fall it rise up again as always. And when it rise up again then decide if you are going to sell it.
First thing I do is I keep myself calm when the prices are falling. second thing I dont think of panic selling . If it is possible I book the profit immediatly.
And I try to buy more at the bottom.
but you need money to back up your invest. some people always try to invest their money and pray price go up And I try to buy more at the bottom.
For me i like to buy more crypto especially when i know if it will gonna drop or gonna rise, it's really the best if you know all the patterns (will take you ahwile because there are so much patterns).
I think this entire thing you get to know with experience. Most the new traders get panic at the time when they see prices going down instead of cashing that opportunity. I think that time is the best time to make a wise decision of earning as many Bitcoins as you can. All you need is to remain patient.
First thing I do is I keep myself calm when the prices are falling. second thing I dont think of panic selling . If it is possible I book the profit immediatly.
And I try to buy more at the bottom.
And I try to buy more at the bottom.
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.
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. 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.
I do not have a specific strategy in the case of sudden price drops. But I keep careful to keep cash. I get cash when I get a chance to buy.
Sudden drops are just for the meantime, Market movement is depending on the supply and demand so try to hold on and calm your self if your coins currency is decreasing. Try to study the market before investing a huge amount of money.
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 the patience of the user is very important if you will hold the bitcoin after trading for the long time will give you high profit. So if the price of the bitcoin is falling then you need to hold your bitcoin invest in bitcoin and stay for the long time. The bitcoin needs the money to invest and to hold and wait till the price of the bitcoin will be high.
I do not have a specific strategy in the case of sudden price drops. But I keep careful to keep cash. I get cash when I get a chance to buy.
Don't panic...
Be patient...and hold it..
Be patient...and hold it..
hodl and buy more
You have although said quite few words but you have given the best advice. I will agree to what all you have said. I think the best way to cash those moments is by buying as many Bitcoins as you can at the time when prices are falling down. This will be the decision which you’ll be satisfied with the most in the future.this is good for us to buy when the prices are pretty low. but the really good thing is that when you sell your bitcoin when you feel that price is pretty much high, and then again buy bitcoin when price become goes down, and in this way just enjoy your profit.
Exactly. Never panic. Think for the long term because it will be beneficial if you can take advantage of any drops to add bitcoins at a much lower price. More profit for the future
Try to make a good decision and do not sell your coins even at the lowest price because that is the reason why you lose your profit, It is because of your fear, Instead try to read more articles and good news about your coins to ease the hard time you were dealing with.
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?).
quit bad? by buying bitcoin for $4600? that that not quit bad, thats the right decision, whether you are or not educated in bitcoin then you buy/bought bitcoin in what decisions you have, that the right decisions youve made for your whole life.
then during the dip (bitcoin price decreasing) all you can do is buy as much as you can (bitcoin) and sell as much as you have (alt-coin), because they are vise versa, i mean when the bitcoin is falling, alt-coins are increasing, when the alt-coins are falling then bitcoin is increasing, so thats why i tell you to buy bitcoin as much as you can when in the dip, the sell your alts as much as you have after the pump.
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 the patience of the user is very important if you will hold the bitcoin after trading for the long time will give you high profit. So if the price of the bitcoin is falling then you need to hold your bitcoin invest in bitcoin and stay for the long time. The bitcoin needs the money to invest and to hold and wait till the price of the bitcoin will be high. Jump to: