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Topic: What would you do if the altcoin price dumped? - page 22. (Read 3555 times)

newbie
Activity: 238
Merit: 0
I think altcoin is a coin that has a good prospects in the future. besides, altcoin is also good for short therm trading, and therefore we can get profit quickly. to overcome the dump altcoin it would be better if we hold it until altcoin prices is stable again. because if we sell it now with the cheap price then it will make the altcoin price are getting down.
jr. member
Activity: 196
Merit: 1
I did see that the longer the market is indeed getting down. There is a sense of worry had indeed. However, I know that crypto does have a different pattern. The key is to be patient and keep believing.
member
Activity: 434
Merit: 10
I think if the price of altcoin dumped its better to buy a lot of good altcoin in the market and sell it when the price is back on what we are expecting, and i hope it back again in the near future because sometimes the price of altcoin is easy to increase than other coins in the market like bitcoin.
member
Activity: 238
Merit: 10
They are interested in altcoin because of their potential exchange.
Most of the time, these altcoin only have the value of hype, which is a zero-sum game.
newbie
Activity: 56
Merit: 0
When you fall, you either sell it early, or you can hold it for a long time, waiting for the future price. Don't look at it. It doesn't make sense. Of course, you have to hold quality projects.
newbie
Activity: 89
Merit: 0
There are different options who you can do. The most of the professional traders are working and trading only with a stop loss. If you have forget to set a stop loss then you have two opportunities: sell directly or hold till the price increase.
sr. member
Activity: 742
Merit: 250
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?


Naturally when altcoins are dipped
It is the best decision to buy if you can afford it

Don’t buy when market is glooming green
Don’t buy when green candles have reached market levels

But to overcome; you need to keep a close check at your portfolio and don’t be left behind
Alright, the only best thing to buy when the price of altcoin is dipping. There is no reason to not buy altcoin.  But those weak hands are knowing the dump moments of altcoins are the best time to selling their stash. I guess the majority of newcomers have no knowledge about that.

So you will buy when altcoin when you think it on the dip? How much ETH have you bought, as far as I know ETH has dropped from 1300 to the lowest price this year is ~ 400, during that time how many times have you thought altcoin is at the dips
newbie
Activity: 215
Merit: 0
our opinion is better to get a lot of bitcoin at a time like this, because we will also generate a lot of profit at a higher price, so we will do a lot of bitcoin in the future.
sr. member
Activity: 546
Merit: 256
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?


altcoins gives high reward compared to bitcoin but it has higher risk compared in investing in bitcoin. Many investors wants a fast money and they bet their luck on altcoins as many investors got lucky investing on some ICO's lately. It is better to have a stop loss to minimize your loss in case the bears comes up the market.
newbie
Activity: 112
Merit: 0
Yes rise and fall of Altcoins I believe this is part of the game and it indicates when to buy or sell most especially when you do day trade
sr. member
Activity: 1498
Merit: 251
KUWA.ai
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?


Naturally when altcoins are dipped
It is the best decision to buy if you can afford it

Don’t buy when market is glooming green
Don’t buy when green candles have reached market levels

But to overcome; you need to keep a close check at your portfolio and don’t be left behind
Alright, the only best thing to buy when the price of altcoin is dipping. There is no reason to not buy altcoin.  But those weak hands are knowing the dump moments of altcoins are the best time to selling their stash. I guess the majority of newcomers have no knowledge about that.
member
Activity: 266
Merit: 10
“Revolutionising Marketing and Loyalty”
There many things you can do when Altcoin is not doing well in terms of fiat.  You could invest more fund to your favourite project. By investing more fund,  you automatically lower your entry price and set yourself for good return on investment when there is a positive reversal in cryptocurrency market.
newbie
Activity: 272
Merit: 0
for us, we will get more bitcoin in the long run, because we believe that bitcoin prices will rise higher than the current prices, so we will also get more bitcoins at higher prices.
newbie
Activity: 154
Merit: 0
Is that new Alt? or Strong Alt? I think that if that coin is new Alt you have to careful because after bounty hunter dump that coin, most of them can't rise again. But if it strong coin, you have to wait until it rise again.
member
Activity: 168
Merit: 12
Altcoin prices continue to fall, I will convert to BTC with flat funds, I feel the bullish atmosphere, yes. This is my personal opinion, and I did the same.
sr. member
Activity: 979
Merit: 258
Based on my experience when the Altcoin price dumps you need to dump also because when an Altcoin enter an exchange expect a huge dump because of the bounty hunters and some investors so you need to dump also and buy after it reaches its dip in that strategy you can gain profit but don't expect that the price of it will increase so you need to wait and hold the token until it reaches its ICO price or greater than that.
if the price of the alternative coin got dumped. well we do nothing in this time because in the first place we know that the leader of the alternative coin, pf all coin is the bitcoin and we know that the bitcoin is decentralized. we don't do nothing but just wait the right time to rise up again. this would be required patience because sometimes the rising up is intractable
full member
Activity: 680
Merit: 173
Giggity
Based on my experience when the Altcoin price dumps you need to dump also because when an Altcoin enter an exchange expect a huge dump because of the bounty hunters and some investors so you need to dump also and buy after it reaches its dip in that strategy you can gain profit but don't expect that the price of it will increase so you need to wait and hold the token until it reaches its ICO price or greater than that.
member
Activity: 434
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?

Hold and buy more as mostly people are doing in that time. But life in trading is different, even market is down and all prices decreasing but it won't if doing trades everyday.  I know it's too risky for that cause there is possibilities of losing but it that way, we became profitable everyday.
jr. member
Activity: 280
Merit: 3
dApps Development Automation Platform
what we can do is just stay hodling or buy more, for me i'd rather buy more and take a new position than cut loss. Many people are in panic selling they dump the price. Just believe that your coin will recover again.
full member
Activity: 435
Merit: 100
what interests me most about the altcoins is the variety of the projects and what they can offer, and if the price goes down too much it won't affect me a lot because I always try to invest in the currencies I believe, so it doesn't affect me so much their value, although of course, I'm always looking forward to them because I also want them to be successful.
Everyone is very optimistic about their investment but when the market drops they will have a great fear psychology and there will be a lot of investors who will sell everything to preserve their capital, this causes the situation of panic selling on the market and red always appear . Just waiting for the uptrend market, anything can happen
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