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Author Topic: What to do when prices are falling  (Read 45686 times)
buternasek
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November 19, 2017, 10:42:03 PM
 #1121

it is our risk as a trader, we know this digital money has a narrow trading space and the number of competitors is getting tighter, my advice when the price starts to fall, you should be mentally prepared, whether you do not prepare from the beginning of the plunge.

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buternasek
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November 19, 2017, 10:54:58 PM
 #1122

the first step you should learn is reading price charts, trading strategies .. this is very useful
we know this bitcoin has a narrow market and a very tight competition, it all goes back to our trading strategy ,,

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November 20, 2017, 05:58:18 AM
 #1123

if the price of the coin decreases again when we have bought it, you have to buy it twice that in order to cover the loss of the first price.
for example the price of the first coin you buy is 100usd, a few days later its price drops back to 75usd or 50usd when its price goes down you have to buy 2-fold in order to cover the losses from the sale later.
well it's just a guide, i also know its from others.

Buying the bitcoins and that too at the time when the market prices are falling down is the best thing which you can actually do especially at the time when most of the owners are busy in selling their coins at cheaper rates. In addition to this, you need to sit back calmly in order to avoid panic selling as well. You need to make the best possible use of your mind for making wise decisions.

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November 21, 2017, 05:52:42 AM
 #1124

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?).
To put it short, it all depends on you and what you want and need. Bitcoins price has been up and down last days, and as far as Bitcoin is concerned  hold it. Its price will rise again, or you can sell it now and even with that price earn money. As far as alts are concerned, use same thing. If you think alt price will go up, than hold it. If not sell. It all comes to you and what you want to do.
There is only one thing which can help you at that time and that is none other than having control over your nerves. Patience is the only key which you need to have especially at the time when the market prices are falling down. In addition to this, you should also go for buying more numbers of bitcoin at that very time. This will help you in having more bitcoins and that too at less price.

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November 21, 2017, 06:07:46 AM
 #1125

This question can not be said in a few simple words. The key depends on the concept of holding bitcoin. If you want to make a profit in the short term, then you need to pay close attention to the price of bitcoin Fluctuations, when the price reaches your predetermined take profit or stop loss range, you have to follow the set plan, and must be implemented in accordance with the plan, which is difficult for many people to implement. If you are optimistic about the future growth of bitcoin space, long-term holders of bitcoin to get huge profits, it can completely ignore the short-term price fluctuations, you need to have a firm belief.
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November 21, 2017, 07:23:26 AM
 #1126

If the prices are falling them scoop the bloodbath to save some money and also to have a chance to make profit faster because the price will go up again and that is the pattern in this cryptocurrency market. Don't just observe the market and do nothing because the best thing that you can do in order to earn a lot even the prices are falling is to scoop them up.
Altcoins are not good for holding when the prices are low because there are numerous cases of altcoins when they decreased in price and never recovered the prices again. Bitcoin is the only when which needs to be held when the prices are continuously decreasing, rather that is the best time for buying bitcoin. Bitcoin is the father of all altcoins and they are dependent on it for their values.

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November 21, 2017, 08:30:04 AM
 #1127

Hold on
this price reduction usually does not last long, then we can sell it when the price goes back up.
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November 21, 2017, 08:33:31 AM
 #1128

When ever prices are falling first thing we have to do is not to panic and we should first look into the market sentiments and the fundamental of the product what making impact.

Now we have to take the decision that either we should hold or sell if you are in positive mode just book the profit and hold in negative mode analyze the prediction chart and then react.

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November 21, 2017, 08:34:55 AM
 #1129

Hold on
this price reduction usually does not last long, then we can sell it when the price goes back up.

We dont need to panic if the price falling , just watch the price and make sure that you are always update, we should know that the price of our coin can decrease anytime, and of course we should aware that we can lose some of our money. that's a part of trading, we all not always win  .

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November 21, 2017, 09:34:38 AM
 #1130

With BTC and ETH, you can believe that they will recover soon. With other coins, If I were you, I will sell if the price go down more than 30% the buying price.

Someone used my Account for 3 Month, why would someone do this?
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November 21, 2017, 09:37:45 AM
 #1131

If the fundamentals of the altcoin is strong and the team proved themselves then hodl those coins and/or buy more  at the dips. This way you will reap great rewards as solid coins always tend to recover at much higher values.
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November 21, 2017, 09:42:53 AM
 #1132

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?).

Well, for most people, they say that if the prices keep falling, you have two (2) options. One, you can sell your coins before the prices plunges down, so you won't have to suffer a massive loss. Or, you may hold on to them until such time that they regain their price and market value, and trade them again or sell them. It's actually up to you philosophy in dealing with bitcoins.

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November 21, 2017, 10:10:45 AM
 #1133

What you can do is that, you just need to wait for the price to go high and be patient if you really want to gain profit.
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November 21, 2017, 05:27:17 PM
 #1134

If the particular asset that you keep hold of shows continuous fall in value, don't get panic. Just try to buy and hold if you have the trust that the specific token will pump in value after certain time period. This is what the professional traders do, rather than getting panic and ending in loss.


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November 21, 2017, 05:42:51 PM
 #1135

If the prices are falling them scoop the bloodbath to save some money and also to have a chance to make profit faster because the price will go up again and that is the pattern in this cryptocurrency market. Don't just observe the market and do nothing because the best thing that you can do in order to earn a lot even the prices are falling is to scoop them up.
Altcoins are not good for holding when the prices are low because there are numerous cases of altcoins when they decreased in price and never recovered the prices again. Bitcoin is the only when which needs to be held when the prices are continuously decreasing, rather that is the best time for buying bitcoin. Bitcoin is the father of all altcoins and they are dependent on it for their values.
On some altcoins then yes there are really times that when they do decrease their price they wont tend to recover which is truly happening on altcoin world but not all the time because some of them would really recover their prices too which it is still worth to hold up some coins specially on potential ones. The best thing to do when prices are falling is either you would risk to buy even more cheap coins or just take a pass since they arent worth to buy on.

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November 21, 2017, 06:06:43 PM
 #1136

If you want to trade as a professional, then you should know that for every trade you have your own risk and if you achieve it, then you fix the trade at a loss. Well, if you trade Bitcoin and the price falls then just wait, sooner or later it will come back. Until today, always come back.

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November 22, 2017, 12:07:47 PM
 #1137

When the prices are falling, take tactical decisions buy more coins and preserve them,once the prices increases then sell the coins that gives profit.
Alts are not that much profitable now because bitcoin has made all investor its true believer and yeah holding is the best option when prices fall and it is just because that demand is low and supply is high and as tie passes people get benefits from the dump situation and they full up their wallets with bitcoin and prices start to rise so when the prices get high simply sell don’t greed for more profit this leads to waiting.

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November 22, 2017, 07:48:47 PM
 #1138

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?).

Usually it's buying time when price is down. Especially the bitcoin savers.They used to buy coins to save more to have their profit in the future.Not just a profit but a big profit. Some are holding their bitcoin and wait for price increase because their coins is too wasteful to sell.But some  bitcoiner have no choice the have to sell it wether in a low price because they need it.

furry04
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November 22, 2017, 08:07:30 PM
 #1139

My strategy when prices are falling is to invest in them. When I find a coin with a low price I immediately but it. But if I have invested in it when it was with high price I wait until it becomes the same price again.
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November 22, 2017, 08:27:55 PM
 #1140

What you can do is that, you just need to wait for the price to go high and be patient if you really want to gain profit.

This is true, weak hands always lose money. Just be patient and definitely price will recover. I know not  being emotional is tough when you see your investment going down but you just need to trust Bitcoin.

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