What to do when prices are falling - page 91.

Lanatsa

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Quote from: ictin on September 14, 2017, 08:52:13 AM

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?

If you did bought bitcoin on the price of 4700-4900 then for sure the best thing to do is hodl but i know the feeling of being too worried and stressed out seeing on this current price.Holding accompanied with pain for sure.
What to do in these times? Then we dont have any choice but to resist on panic selling instead if you do have still money then its better to buy even more cheap coins.

warr1979

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Quote from: gabmen on September 14, 2017, 08:08:56 AM

Quote from: garmerys on September 14, 2017, 02:34:31 AM

Quote from: rushel22 on September 10, 2017, 11:55:14 PM

If prices are falling, then for me, I need to hold my bitcoin until such time that the price will rise again so I can gain in the future.

Holding is really a very good idea at the time when prices are decreasing. I think you can also go for more investment and can buy more Bitcoins at that time. This will help you earn a lot of profit and you will get a lot of earning in this way. All you need is to have patience and that’s all.

Exactly. Like what's happening right now. It's a very good time to buy bitcoins while prices are a bit low. It happened already just a few days before segwit and it happens pretty much everytime there's a big announcement. Just relax and look at it as an opportunity

If you think the price of Bitcoin falls down is good time for buy, you are wrong.
Sometimes, after many trap happens make you think Bitcoin always increase, but the fact is when you see this situation very "normal", that time will be the truth and the price of Bitcoin cannot recover in long time = breakdown bubble growth. Wink

ictin

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Look ARROUND!

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?

gabmen

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Quote from: garmerys on September 14, 2017, 02:34:31 AM

Quote from: rushel22 on September 10, 2017, 11:55:14 PM

If prices are falling, then for me, I need to hold my bitcoin until such time that the price will rise again so I can gain in the future.

Holding is really a very good idea at the time when prices are decreasing. I think you can also go for more investment and can buy more Bitcoins at that time. This will help you earn a lot of profit and you will get a lot of earning in this way. All you need is to have patience and that’s all.

Exactly. Like what's happening right now. It's a very good time to buy bitcoins while prices are a bit low. It happened already just a few days before segwit and it happens pretty much everytime there's a big announcement. Just relax and look at it as an opportunity

Open4lies

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Quote from: Blitzboy on September 13, 2017, 11:05:45 AM

Quote from: KnightElite on September 13, 2017, 08:08:30 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?).

The best decision that we can do if the price is falling is to wait and have a lot of patience. Like now, this time the bitcoins and most of the altcoins are going down. I think it is only temporary and it will rise up again.

I hope so. The price of bitcoin is dropping and if there is still many bad news against bitcoin, it will be very hard for bitcoin to recover. However, if you hold your bitcoin for a long term, there is nothing need to be scared about cause sooner or later, it will reach $10000. Everything is just temporary. Rumors are created in order for whales to buy more coins. So, be patient. It is very important

Although I know when the price of Bitcoin falls down, that is best time for buy extra it and hold for long term or earn profits in short term. But almost times Bitcoin drops down, really I do not have money for buy it because I had bought Bitcoin and altcoin when the price of them increase by bullish trap Embarrassed

bitminton

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take a cup of coffe then quit bitcointalk 1-2 year and wait everybody tell about bitcoin. That is the time to comeback

garmerys

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Quote from: rushel22 on September 10, 2017, 11:55:14 PM

If prices are falling, then for me, I need to hold my bitcoin until such time that the price will rise again so I can gain in the future.

Holding is really a very good idea at the time when prices are decreasing. I think you can also go for more investment and can buy more Bitcoins at that time. This will help you earn a lot of profit and you will get a lot of earning in this way. All you need is to have patience and that’s all.

lucy1215

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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?).

When the prices are falling what i do is just hold because i do believe that the market would still go much higher than expected just looking at the price rage happened to bitcoin it hits 300% of its value. I will do hold and wait for the market go up before i would sell it.

deepcut

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hodl and buy more Cheesy

nkarm1

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When prices are falling for some reason especially if it's a big news. You'll know what will people do right? They will usually dump it because of fud. So you'll had no choice to quickly go with it to minimize your loss and just accept it. I have a strategy here that i usually do when this things happened. Bitcoin is tested for all of us that in every fall, it always bounce back. So if the fall is gonna be so large i just sell them of quickly to minimize my loss. Then i will use that dip until the price shows some good signal that it will recover to buy more using my cutted pricipal and i will buy more using another money. With that move simply the other principals profit will shoulder my loss on my initial cut. Then if im lucky if the bounce back is high taking advantage of that dip sometimes gives me more profit compared to loss.

TIDOVEE

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when prices are falling, I think that is the good time to buy you coin, so that whenever it rises back one can and make proper profit.

ChrisPop

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Not your Keys, Not your Bitcoins

You should hodl the coins you believe in from the bottom of your heart and you also have a deep understanding of the technology/team behind those crypto-currencies. Also if you are a long term investor of those coins you should buy the dips. Wink

I recommend learning some trading and try to do some basic technical analysis so you know where are the support and resistance levels. This way you increase your chances of getting better entry prices.

crazyjack

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Well if there is nothing fundamentally wrong in the background, then do nothing and just observe and keep calm or maybe better just get out and take a deep breath and listen to the nature.

Maybe i would even suggest to buy some, just to lower your average purchasing price and dont fight with the market.

vipgelsi

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Turn off your wallets transfer to paper and hunker down.

ValyLupy

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If u have a lot altcoing of course for better to convert them now to a bitcoin

Blitzboy

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Quote from: KnightElite on September 13, 2017, 08:08:30 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?).

The best decision that we can do if the price is falling is to wait and have a lot of patience. Like now, this time the bitcoins and most of the altcoins are going down. I think it is only temporary and it will rise up again.

I hope so. The price of bitcoin is dropping and if there is still many bad news against bitcoin, it will be very hard for bitcoin to recover. However, if you hold your bitcoin for a long term, there is nothing need to be scared about cause sooner or later, it will reach $10000. Everything is just temporary. Rumors are created in order for whales to buy more coins. So, be patient. It is very important

hilarypolar

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What i do is, i don't check my wallet lol, i do some shopping with coins that are down (be careful with 'scam coins'), i believe that eventually it will go up, because in my opinion it will be the future. so i don't worry to much

BitcoinExpart

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Actually, I make the most money on dips. True is, real traders always maintain it. when people see market going down they panic sell, that's called poor knowledge over the market. Take advantage this dips.

mikki14

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It's best to buy coins when the price is low. But if the price continues to drop for the next few days. It's better to hold, observe and wait. We have to pe patient. And do not panic. Always analyze things before doing something.

tongokongo

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Explore Crypto

I am storing it all on my Hardware wallet and work on the new project until prices go up again.

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