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Author Topic: What to do when prices are falling  (Read 45478 times)
Jingjing12345
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September 22, 2017, 04:46:31 AM
 #381

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?).
I think it is better to do nothing when that happens, just hold.  There’s no need to panic because falling of the price really happens but every time it fall it rise up again as always. And when it rise up again then decide if you are going to sell it.

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September 22, 2017, 09:50:47 AM
 #382

Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.

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September 22, 2017, 10:32:44 AM
 #383

you can't really predict the market.. falling prices is a natural process of all markets and you have unfortunately to ride the wave
it will come back up eventually
Some believing in the rumor and that can be a good sign to predict the future of the market. I mean like some people are believing with the fact that chinese will try to anounce about the banned of the ico.
And for some reason not all of the price falls can be determined as the natural process.
I don’t think so China is going to take this childish step because they themselves are earning great profits with bitcoins and China is acting as the backbone of crypto market. If China in case bans ICOs, they sharp decrease in prices will be observed but that does not mean it would be time to give up on bitcoins.

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September 22, 2017, 09:20:56 PM
 #384

I think the best thing to do is to make sure that you never sell your coins for a loss. Just hold on to your coins and wait until you sell them for a profit. Holding your coins will surely help you earn good profits.
I do not know why this is so difficult for some people to understand, if you invest in bitcoin or other big crypto at some point the price is going to recover, it may take a long time but you do not sell for a loss, it is that simple especially if you are a long term holder, if you are a short term trader that rule may not apply to you depending on the context.



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September 22, 2017, 09:43:54 PM
 #385

If you are looking to trade more actively then you can attempt to sell and buy back at a lower entry point but then you run the risk of selling at the bottom. If you can preempt any major crashes or sell early when a crash occurs then great but otherwise it is often not worth the risk as coins rebound very heavily after taking an initial dump, not to mention that long term most coins tend to trend upwards.

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September 22, 2017, 10:17:39 PM
 #386

If you are looking to trade more actively then you can attempt to sell and buy back at a lower entry point but then you run the risk of selling at the bottom. If you can preempt any major crashes or sell early when a crash occurs then great but otherwise it is often not worth the risk as coins rebound very heavily after taking an initial dump, not to mention that long term most coins tend to trend upwards.
If we will do such atyle ,we should make up our decision. Like we should plan before of it and watch the price all day to bring back our conberted amount to btc. Better keep holding on it,it's less hassle.



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September 22, 2017, 10:25:53 PM
 #387

If you see the price falling , you can buy because if you dot hat you can buy cheap coin and once those coin increase again you can earn profit. That the strategy of traders. Many people if they see coin decrease they panic selling if you are true trader you did not sell your coins and you buy more coins thats the good you can and you can make a lot of profit in the future.

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September 22, 2017, 11:01:06 PM
 #388

for me if the prices is falling take advantage on it if you have enough money invest more and more while the price is lower because you will benefit from it while holding the coins for a long period of time.
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September 22, 2017, 11:39:52 PM
 #389

Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.

This is the common problem of every traders, they trade with emotion which is not healthy for them simply because it will make them loose money, when you trade you should know when to exit the market. Make your plan well and dont be on panic.

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September 23, 2017, 12:09:31 AM
 #390

Hodl is the best choice for me. Patience is your worst enemy here bitcoin price is volatile so, I also bought bitcoin for $4000 and i will hold it for 6-7 months

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September 23, 2017, 12:24:26 AM
 #391

One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
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September 23, 2017, 12:47:44 AM
 #392

Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.
You're right mate and I totally agree with you becuase that's one of the thing I learnt so far ever since I'm into bitcoin but the dump in price actually happen because of what the Chinese government are doing lately. Hopefully everything will calm there soon.

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rauls
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September 23, 2017, 01:29:25 AM
 #393

One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01

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September 23, 2017, 03:30:39 AM
 #394

hold and use dca strategy to protect your fund is the best way you can do when in this situation

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September 23, 2017, 04:31:44 AM
 #395

just one word. hold. when bitcoin price fall from 1000->200 and 700-> 250. many people panic sell and quit trading. Now They must be sad

Agamemnus
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September 23, 2017, 01:13:37 PM
 #396

When prices are falling you can buy in when it starts rising again as that's what Bitcoin always does, or you can just play it safe and hold for the long term sweet gains.

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September 23, 2017, 01:42:37 PM
 #397

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.
Same as you if I notice that most of the coins are at low price, I will buy more of it and wait till its price to rise up again then I'll sell it. However, I only chose those coins that I think has a possibility to increase because in cryptoworld there's a lot of shitcoins are sprouting.

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September 23, 2017, 02:05:04 PM
 #398

You have to learn to control your emotions at that time, if the price drops you should find out the cause by finding the Slack and Twitter to discuss the altcoin you are investing in and you will decide should sell or not. I usually use this before selling or buying a certain altcoin.
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September 23, 2017, 03:39:06 PM
 #399

One Word: HODL Smiley

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.
sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01
And there is a time to sell, but it is never good to sell if your panicking.
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September 23, 2017, 03:39:18 PM
 #400

Don't buy too early as the price start falling. See the chart and observe them. as the price started to go up again, then buy them. If you are able to predict the point where it would just go up, that would be great.
In fact you may experience loss when you buy high and sell low. Professional traders advise to buy bitcoins during the dump period i.e. when their prices are very low in the market and sell high during the pump period i.e. when their prices are very high in the market.


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