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Author Topic: What to do when prices are falling  (Read 45706 times)
katiecbell
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November 30, 2017, 04:50:35 AM
 #1181

Hard to time the pumps and dumps if you are not a professional trader. I recommend you to hold during the dumps and buy more if possible.
It is not true for all the alternative coins. Yeah most of them cannot be trusted because there are thousands of them and yet new ones are being released on daily basis. However, if we talk about Ethereum Monero Omisego Litecoin neo ripple waves Ethereum classic, these all can be trusted.

Still none of them is like bitcoin.  There is a huge difference between Bitcoin and other digital currencies.Hold on whenever there is a dip.



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November 30, 2017, 05:08:09 AM
 #1182

When prices are falling, you can invest in more coins. Cryptocoins are volatile and fluctuation in price is inevitable. Grab the chance of buying more coins when prices are low because soon it will recover or may even pump.

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November 30, 2017, 05:54:14 AM
 #1183

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?).
If the prices is falling, I will definitely buy bitcoins and hold it for the moment. Why? Because, I believe that the price of bitcoin will increase. Though, sometimes it is really frightening because the value might keep on falling but then I have a positive thoughts that bitcoin will never turn to zero value.

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November 30, 2017, 05:59:57 AM
 #1184

When prices are falling, you can invest in more coins. Cryptocoins are volatile and fluctuation in price is inevitable. Grab the chance of buying more coins when prices are low because soon it will recover or may even pump.
When the low price is the right time to buy more bitcoin. But it's all conditional, you do not need to be stuck to have to buy when the price is low. You have to see your condition, you have to adjust the need only. If you do not really need you do not need to buy more.
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November 30, 2017, 06:36:34 AM
 #1185

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.

This.  Dollar cost averaging ftw.
The DCA is good metodhe to buy bitcoin, we can use our capital maximally by using this methode. But how about lump sum? Since bitcoin prices keep rising it will be good to use lump sum methode, we only need to know the lowest price of bitcoin that might be reach.

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November 30, 2017, 06:49:06 AM
 #1186

When prices are falling, you can invest in more coins. Cryptocoins are volatile and fluctuation in price is inevitable. Grab the chance of buying more coins when prices are low because soon it will recover or may even pump.
When the low price is the right time to buy more bitcoin. But it's all conditional, you do not need to be stuck to have to buy when the price is low. You have to see your condition, you have to adjust the need only. If you do not really need you do not need to buy more.

that is the good thing to do buy bitcoins for sure if it rises again you will gain some for profit , some people convert their coins into their currency when value of bitcoin dropped then if it rises again then convert it into bitcoins again.

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November 30, 2017, 07:40:30 AM
 #1187

If price go low then i will start buying more because may be tommorow it will raise. This is what every invester do. Its a benefit for the people who wants to buy.
katarin2030
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November 30, 2017, 08:16:55 AM
 #1188

If price go low then i will start buying more because may be tommorow it will raise. This is what every invester do. Its a benefit for the people who wants to buy.
Correct, when the prices are falling need to invest more on bitcoin, definitely after some time the price will increase, it's an opportunity to grab more coins.And also this type of tactics are quite common in trading.
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November 30, 2017, 08:21:40 AM
 #1189

The main thing is not to panic)) assess the situation and try to buy a crypto currency at the very bottom and wait for further growth!

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November 30, 2017, 09:48:10 AM
 #1190

If you still have the chance cut losses at not more than 10%, then I suggest you do it ASAP, especially when an impending bear market enters. If you're too late to sell at top, then you have no choice but to HODL. That's the primary reason why it's imperative to hold a good project as whatever happens, you're confident that it will carry on despite all the ups and downs it will encounter. Let me tell you my experience. I bought my first DeepOnion at 14k sats, it fell down to almost 7k sats (-50%) on my portfolio. I haven't sold at the top trying to short, you know why? Coz it's a very solid coin to invest in. They are indeed giving free coins right now so they are occasional dumps from the airdrop, but looking at how the coins is progressing fundamentally, It's just a risk to short it out. You will end up buying higher. From that 7k sats level, it went as high as 19k sats. I fully trust the dev team, and they are transparent with the project. You can see first hand in their community all the updates they are doing with the coin. I strongly suggest you check it out and invest some if you have, or better if you join in the airdrop so you can get some for free. But even if you decide to invest, the current pricing is just too good for starters.

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November 30, 2017, 09:53:00 AM
 #1191

Simply hedge into consistently stable coins/tokens. For example; qwark.
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December 01, 2017, 11:07:54 AM
 #1192

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.
Holding of bitcoin is the best thing which can help you in the best possible way and that too at the time when the prices are falling down.

In addition to holding of the bitcoins which you are already having, you can also go for buying more number of bitcoins as the market price will be low and you’ll be able to get more number of bitcoins. You need to remain in your senses for making better decisions.
I believe that there no need to be worry because its normal and it can happen any time any place and bitcoin is a digital currency which is connected with market trade so it can happen and it’s not a first time that it will be happen it happen so many time in past and then it come back fast so if you realized that the price is low then you have to wait for a right time when you come to know that the price is going high then start your work.

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December 05, 2017, 06:16:50 AM
 #1193

When Bitcoin prices are falling, convert your Bitcoin to usdt or fiat. Then buy Bitcoin again at the dip.

If alts price is falling, you have 2 options; hold if you can or sell low to buy lower.
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December 05, 2017, 06:25:16 AM
 #1194

If I see a coin that falls hard, I buy it and hold it because it will make a correction to pump up again.
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December 05, 2017, 06:37:47 AM
 #1195

Exchanging it into USDT to save your money.
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December 05, 2017, 08:36:01 AM
 #1196

Exchanging it into USDT to save your money.
i advice you to save your bitcoin because not all the time bitcoin exchange rate is falling down much better you buy bitcoin because the price is down that is the time all the bitcoin investors buying bitcoin because the price is cheap after that hold your bitcoin until the btc exchange rate is very high that is the good time to exchange your btc so that you can earn money.







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sumangs
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December 05, 2017, 09:10:53 AM
 #1197

When the price is falling it is the holders who dumped it. Some traders take it as an advantage so they can buy it cheap and just wait for it to grow again. A true trader is not afraid on this kind of scenarios.

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December 05, 2017, 09:12:30 AM
 #1198

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?).
In the summer, there was an overflow from bitcoin to altcoin and vice versa. Now the trend has changed. If the money flows into bitcoin, the altcoins also grow and vice versa. On the site tradingview, you can overlap the graphics of different coins to see how much they are correlating.

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December 05, 2017, 09:43:39 AM
 #1199

Exchanging it into USDT to save your money.
i advice you to save your bitcoin because not all the time bitcoin exchange rate is falling down much better you buy bitcoin because the price is down that is the time all the bitcoin investors buying bitcoin because the price is cheap after that hold your bitcoin until the btc exchange rate is very high that is the good time to exchange your btc so that you can earn money.

Keep it and do not sell it. But it also depends on cryptocurrency or Altcoin that you have or you use. If you use a useless or unworthy Altcoin, you can sell your Altcoin to reduce losses. But if what you save is a powerful cryptocurrency like Bitcoin, Litecoin, Waves, and Ethereum, then you should wait until their prices rise again. But, anyway, this is just my opinion. You have to do your own research and analysis according to what you believe.
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December 05, 2017, 10:03:23 AM
 #1200

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.

As a newbie in joining a bounty campaign, I don't know exactly what to do when the price of bitcoin is falling. Maybe I should get some help from my friends who are into bitcoin in a very long time, maybe some advice from them will help.
Or maybe I should do some researches on how to deal with it.

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