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Topic: What to do when prices are falling - page 85. (Read 46506 times)

hero member
Activity: 1078
Merit: 501
September 24, 2017, 06:17:08 AM
If the prices are falling, the best thing to do is to wait, and buy more. So when the time comes that it will increase again, I can gain profit and sell it with high amount.  Grin
sr. member
Activity: 630
Merit: 250
September 24, 2017, 04:26:08 AM
When prices are falling, you should see it as the best time to buy. That is usually when I put my fiats to work anyway. I look forward to those dips cause they will surely rise back and I get my capital back while keeping the rest. However, falling prices don't make me panic as I see them as blessings in disguise.
jr. member
Activity: 52
Merit: 10
September 24, 2017, 04:08:28 AM
if prices fail more than 30% i start to buy with big amount like if price fail from 3900$ to 3100$ i will start to buy it
full member
Activity: 420
Merit: 101
September 24, 2017, 03:30:39 AM
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).
hero member
Activity: 560
Merit: 500
September 24, 2017, 02:52:14 AM
For me, I will just make the decision of holding it since I bought coins in expensive much so I will wait until I reach my quota of investing, like my profit earn even though it takes time because as of now we are experiencing so drop down of btc which we cannot control for it. So I will wait and hold until I get earned.
member
Activity: 87
Merit: 10
September 24, 2017, 02:30:38 AM
When the prices are falling the smile on my face is showing because i can buy coins at a lower cost it is indeed an advantage. I do calm on my current investments and i do not panic because panic can only cause stress to each and everyone of us it can harm our health. Thats why i do not invest in only one coin so that i would not feel my losses that much.
hero member
Activity: 1022
Merit: 521
September 23, 2017, 11:39:18 AM
Don't buy too early as the price start falling. See the chart and observe them. as the price started to go up again, then buy them. If you are able to predict the point where it would just go up, that would be great.
In fact you may experience loss when you buy high and sell low. Professional traders advise to buy bitcoins during the dump period i.e. when their prices are very low in the market and sell high during the pump period i.e. when their prices are very high in the market.
newbie
Activity: 44
Merit: 0
September 23, 2017, 11:39:06 AM
One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01
And there is a time to sell, but it is never good to sell if your panicking.
member
Activity: 112
Merit: 100
September 23, 2017, 10:05:04 AM
You have to learn to control your emotions at that time, if the price drops you should find out the cause by finding the Slack and Twitter to discuss the altcoin you are investing in and you will decide should sell or not. I usually use this before selling or buying a certain altcoin.
sr. member
Activity: 1498
Merit: 416
September 23, 2017, 09:42:37 AM
What I usually do if prices are falling most specially if the coins are very low, I would buy more coins from a much lower price and your total amount of couns would then be divided; the result would be lesser losses. Read or research on google about books or ebooks on trading.
Same as you if I notice that most of the coins are at low price, I will buy more of it and wait till its price to rise up again then I'll sell it. However, I only chose those coins that I think has a possibility to increase because in cryptoworld there's a lot of shitcoins are sprouting.
full member
Activity: 267
Merit: 100
September 23, 2017, 09:13:37 AM
When prices are falling you can buy in when it starts rising again as that's what Bitcoin always does, or you can just play it safe and hold for the long term sweet gains.
sr. member
Activity: 252
Merit: 250
Live Stars - Adult Streaming Platform
September 23, 2017, 12:31:44 AM
just one word. hold. when bitcoin price fall from 1000->200 and 700-> 250. many people panic sell and quit trading. Now They must be sad
member
Activity: 84
Merit: 10
The Premier Digital Asset Management Ecosystem
September 22, 2017, 11:30:39 PM
hold and use dca strategy to protect your fund is the best way you can do when in this situation
member
Activity: 97
Merit: 10
September 22, 2017, 09:29:25 PM
One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
September 22, 2017, 08:47:44 PM
Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.
You're right mate and I totally agree with you becuase that's one of the thing I learnt so far ever since I'm into bitcoin but the dump in price actually happen because of what the Chinese government are doing lately. Hopefully everything will calm there soon.
newbie
Activity: 44
Merit: 0
September 22, 2017, 08:24:26 PM
One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
sr. member
Activity: 952
Merit: 250
September 22, 2017, 08:09:31 PM
Hodl is the best choice for me. Patience is your worst enemy here bitcoin price is volatile so, I also bought bitcoin for $4000 and i will hold it for 6-7 months
full member
Activity: 686
Merit: 108
September 22, 2017, 07:39:52 PM
Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.

This is the common problem of every traders, they trade with emotion which is not healthy for them simply because it will make them loose money, when you trade you should know when to exit the market. Make your plan well and dont be on panic.
newbie
Activity: 20
Merit: 0
September 22, 2017, 07:01:06 PM
for me if the prices is falling take advantage on it if you have enough money invest more and more while the price is lower because you will benefit from it while holding the coins for a long period of time.
sr. member
Activity: 1274
Merit: 263
September 22, 2017, 06:25:53 PM
If you see the price falling , you can buy because if you dot hat you can buy cheap coin and once those coin increase again you can earn profit. That the strategy of traders. Many people if they see coin decrease they panic selling if you are true trader you did not sell your coins and you buy more coins thats the good you can and you can make a lot of profit in the future.
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