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Topic: What would you do if the altcoin price dumped? - page 15. (Read 3545 times)

newbie
Activity: 168
Merit: 0
I can't do any other things than forcefully hold more for long term till the price wil be favourable or sell in loss if the project has been dumped by the team.
member
Activity: 308
Merit: 10
For me if the price dumped I will buy some coins to hodl and if the price pump I will sell or trade it. If the price dump it is the right time to buy and you should know when is the right time to buy and trade or sell your coin cause if you buy it at pump you will not double your investment. You should have some strategy in investing in the crypto industry so that if you invest you will earn big profit. You should also look first on the good coins so that if you invest you will earn big.
member
Activity: 644
Merit: 10
altcoin still have the potential and the results could be greater than this. It was bound to happen and don't hurry to overly pessimistic if indeed the price of crypto are down. This is a great opportunity to buy when prices fall. If at least altcoin could go up as the end of last year alone then of the current purchase price will be able to produce.
in any case, it is necessary first of all to look at the prospects of the project, and then it will be possible to determine the real results of prices for altcoin. I always pay attention to the practical use of this or that idea and then you can accurately predict the project's prospects in the future.
sr. member
Activity: 547
Merit: 253
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?


I`ve always got caught with this kind of question and I do not know how I suppose to answer this question; but one thing for sure, everyone could not really provide the basis of their answer in this matter to other people.

For me, I am a long-term investor and hodler of coins from ICOs, sometimes I joined their campaigns and got a volume of cryptos; however, some of my coins get dumped and I usually have nothing to demand for because I didn`t invest most of my financial on crypto, so usually I used to ignore it - not to speak my time on helping their campaigns. But, I didn`t expect that they suddenly increased their price (I consider that there are pumps) so basically to earn, I hodl again why? Because I believed that this ICO has something to improve and are doing the improvements and that I will wait just to see its price to its humble increase.

Actually the key strategy; you must do your own study and analysis just to believe on your ICO. It is the power of human judgment and the human mind. Basically, it is within as…
member
Activity: 434
Merit: 10
altcoin still have the potential and the results could be greater than this. It was bound to happen and don't hurry to overly pessimistic if indeed the price of crypto are down. This is a great opportunity to buy when prices fall. If at least altcoin could go up as the end of last year alone then of the current purchase price will be able to produce.
member
Activity: 420
Merit: 10
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

I will still be normal and forget about that portfolio. I have invested in Shivom ICO project and I got 54k tokens. When it hit the floor, I was not satisfied with its price and holding. Until now, my money has been split 5 and I am totally at a loss.
I still do not worry because it will rise to a higher price. It is a potential altcoin and I have always believed in it.
newbie
Activity: 112
Merit: 0
In my opinion ,for me personally, altcoin is a very good and practical investment . If the price is such as to oscillate ,that won't bother me .
sr. member
Activity: 854
Merit: 251
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Sometimes I would just continue to hold it and there are times that I would just sell it all off.
If I think that the coin or token would recover again then I would just continue to hold it or sometimes I would buy some while it is being dump.
member
Activity: 924
Merit: 15
it all relies on information. It's a trully FALSE STATEMENT TO SAY THE MARKET WILL RECOVER. Just false. YOU!! think it will recover, but that cannot happen.

If you see the market dumping , i advice you to sell. Why? because if the market is gonna dump, you can sell, and then buy when it has gone way down. But, let me tell you something. I would only BET (because this is not an investment, just a bet) money i don't need and can afford to lose.
full member
Activity: 446
Merit: 100
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Unfortunately, I panicked and sold some of my altcoins. But now I'm re-bought and hope to see a new pump soon.
full member
Activity: 364
Merit: 100
In my opinion, the fact that the price fell is very good news. Because now you can buy absolutely any altcoins with a very good discount. The main thing is not to buy cryptocurrency with the last money. If you still have sources of income then don't worry just holding your altcoins. I think that by the new year the price will pleasantly surprise you.
full member
Activity: 616
Merit: 100
If you notice that we have nothing to do here, just wait, if people have the opportunity to sell their tokens at very cheap prices like today, then let them sell, it's their choice. I will not sell anything, I'll just wait.
jr. member
Activity: 278
Merit: 1
simply getting the job done
Need not to think about how that one or the other altcoin that you bought falls ! Just need to buy more on the drawdown and so quickly you can go to zero or even a plus !
newbie
Activity: 40
Merit: 0
There are distinctive choices who you can do. The a large portion of the expert brokers are working and exchanging just with a stop misfortune. In the event that you have neglect to set a stop misfortune then you have two openings: offer straightforwardly or hold till the cost increment.
newbie
Activity: 28
Merit: 0
If i notice that the price of an altcoin has dropped significantly, I will buy more of the coins if I have funds as at the time, and invest more in the coin, as I would be getting the coin at a cheaper rate. Then later sell the coins when the price is high enough to give me some good earnings.
member
Activity: 280
Merit: 10
If the altcoin price dropped, I would choose some coins with good potential and buy them cheaper, hodl them, then check the market every day. When the price rose, I would sell them to make profit
sr. member
Activity: 1610
Merit: 294
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which I will do when altcoin prices are dumped I will buy altcoin as much as I can because such moments will be so rare so I should be able to take advantage of such moments.
sr. member
Activity: 1002
Merit: 250
When the market goes down, there is nothing you can do than to wait for the coin to be stabilized on the market. Do not be in hurry to sell but hodl till you get a correct price.
you should get knowledge about analysis altcoins chart before said like this. The first step is analyzing charts and choose the moment stop-loss. Then waiting for a good point to buy back again. Don't worry about the market will go up when you sell your coins. We must make money and against to lose money.
hero member
Activity: 1246
Merit: 529
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As long we do our research and background check of all related studies to the ICO we have no issues that they will fail. We just need to remain calm and let the team developer make their work to make it recover and support them to buy more while the price are cheap.

When the altcoins price dumped, the first thing I do is stop-loss, you can see it like a panic sell, but I don't, I rather sell to save my money, and buy altcoins back when they get a lower price. 

That's probably to safest way to day trade. Utilizing stop loss helps you avoid getting stuck for a long time when the value drops and you have to wait for recovery. It also gives you opportunity to recover losses probably the next day.
member
Activity: 303
Merit: 15
Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?


There's nothing you to be honest. If the market goes down, it goes down. But to answer your question, I have been interested in alt coin due to its capacity to provide you decent profits. Despite the market going down, I still believe in the future of crypto market.
This is normal. In last year's market, many people opted out. New investors have so far not gained any revenue, which has hurt their subsequent investment intentions.
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