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Author Topic: What to do when prices are falling  (Read 38001 times)
kateryana81
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September 27, 2017, 04:52:40 AM
 #441

If prices are falling, then for me, I need to hold my bitcoin until such time that the price will rise again so I can gain in the future.
Holding is really a very good idea at the time when prices are decreasing. I think you can also go for more investment and can buy more Bitcoins at that time. This will help you earn a lot of profit and you will get a lot of earning in this way. All you need is to have patience and that’s all.

Exactly. Like what's happening right now. It's a very good time to buy bitcoins while prices are a bit low. It happened already just a few days before segwit and it happens pretty much everytime there's a big announcement. Just relax and look at it as an opportunity
I will suggest the following things to do when prices are falling:
Don’t get panic due to the fluctuations in prices.
Hold down your bitcoins.
Wait for the right time to start off trading again to overcome the loss you bear during dump period.
Make efficient use of your market intellect.

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September 27, 2017, 05:48:44 AM
 #442

If you own no coins at all or sold all your coins, isn't this the best thing that you could happen?  Thus like imagine you sold everything... now you have usd.  Then you are ready to buy etc.  Like i have btc.  But other coins that i do not own but i want to invest, i want all those coins to drop down etc.  Thoughts?
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September 27, 2017, 06:19:38 AM
 #443

When the price are falling it doesn't necessarily mean that your coins are going dump, patience and close observation is needed to know if your gonna get your coins or just let it sit for some more. Sometimes it takes more than a year to see your profit, same goes to when your coin is gonna dump.

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September 27, 2017, 06:20:52 AM
 #444

just check some trade group and see people say about that then if they say hold we sell. they say sell we hold  Grin
I believe that you should act upon the advice of the experts. There are very less chances that their predictions result in loss. I must suggest you to remain cool and calm at the time when prices are falling down. Holding the Bitcoin at that time is most preferable thing to do instead of just getting panic and selling them at lower rates.
What you say is true. Panic sell will only bring a trader to a loss. I experienced it several times. Better to back up losses than to panic sell.
Some of expert prediction are true but im not saying just do what ever they says sometimes its better to save if your bitcoins are came from your profit better to save then unless you don't buy them into market because once you do that and then you wait for the price increase then sell and wait for the price to become decrease i experience this kind about bitcoin pricing and this is kinda normal for it. No need to panic just wait and see its best.
When the prices are falling we need to be a little patient and look for the bright side of it. As we have seen bitcoin is all about profit and i won’t let us down. We just need to concentrate on our job and wait for the right time to come. Patience matters a lot in such conditions.

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September 27, 2017, 07:59:19 AM
 #445

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.
Correct, he entered the market at the worst possible time, after most coins already pumped so it is natural that the overall direction of the market is side ways or down and that we are not going to see upward action for some time, the only thing that I can recommend is to hold, do not risk it, you already made a mistake and there is no point in making another.
But it might cause more loss in holding it,  i remember. I've see my coins before goes at peak but thought ot wasn't still the peak and now I'm Waiting for too long and just keeping it when it goes more low still. I just realised that keeping coins will only depends on that coin ability, so we should reseaech more.




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September 27, 2017, 08:31:10 AM
 #446

When prices are falling should be patient first do not panic and do not rush to sell, better wait for the price to go back and believe that the price will definitely rise again

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September 27, 2017, 01:19:03 PM
 #447

The easiest thing to do is to rethink if the fundamentals of your coins are still okay, if they are the easiest thing is to do nothing (and 80% times the best you can do), instead if the fundamentals are broken or have changed usually the best you can do is buy bitcoin and/or ethereum.
Whenever your altcoins are dumping for longer time that usual, it is clear signal of their complete disappearance from the market and devaluation forever. Under such circumstances, get rid of these shitty coins as soon as you can. This is the sole reason why I don’t like getting involved with altcoins. They all are very risky including eth. I am not holding any altcoin for more than 2 weeks.
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September 27, 2017, 01:46:46 PM
 #448

The easiest thing to do is to rethink if the fundamentals of your coins are still okay, if they are the easiest thing is to do nothing (and 80% times the best you can do), instead if the fundamentals are broken or have changed usually the best you can do is buy bitcoin and/or ethereum.
Whenever your altcoins are dumping for longer time that usual, it is clear signal of their complete disappearance from the market and devaluation forever. Under such circumstances, get rid of these shitty coins as soon as you can. This is the sole reason why I don’t like getting involved with altcoins. They all are very risky including eth. I am not holding any altcoin for more than 2 weeks.
Times I think of dumping it but still not doing it since It will be based on our knowledge to choose alts to hold too. Holding alts that are atill in development status that are really interesting can pump after development. Though we can't rely deny that there are tons of shitcoins now.


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September 27, 2017, 01:55:50 PM
 #449

When prices are falling should be patient first do not panic and do not rush to sell, better wait for the price to go back and believe that the price will definitely rise again

The price of Bitcoin will definitely cross it's previous top, may not be today but tomorrow will. Every trader or holder need to understand this concept. If you feel you bought high and the price dropped then hold them strong.

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September 27, 2017, 02:05:42 PM
 #450

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?).


There is a good quote about trading: "Be fearful when everyone is greedy, and be greedy when everyone is fearful" / W.Buffet. So possibly every such retrace is a good option to get in @ a better price?
Cost averaging is a good strategy, applied for any market.
Are you an active trader in crypto currencies? Do you think crypto provides good opportunities for speculation? and what coins you trade apart from BTC?

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September 27, 2017, 02:09:16 PM
 #451

The simple question when prices are falling is if you think they will continue to fall, if so obviously sell. If not then you should either hold or sell and try to reenter at a lower market price.

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September 27, 2017, 02:14:47 PM
 #452

When the price are falling, just calm down, just watch it, keep monitored because it rises again after all. It is normally that the price become low, there is no fixed value for bitcoin. Expect that when its price are falling there is a big impact again to rise and doubled its value.

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September 27, 2017, 02:28:56 PM
 #453

I think holding your coin would be of use and is the best thing to do. Putting your investment in coins are risky, but it could change your life aswell, look at what happened to bitcoin, people are just letting it pass them by, but one day it spiked and take the world by surprise, and now everybody is just rushing to invest on it. Now that could happen to any coin out there, so hold on to your coins and see what will happen.

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September 27, 2017, 02:59:40 PM
 #454

I think holding your coin would be of use and is the best thing to do. Putting your investment in coins are risky, but it could change your life aswell, look at what happened to bitcoin, people are just letting it pass them by, but one day it spiked and take the world by surprise, and now everybody is just rushing to invest on it. Now that could happen to any coin out there, so hold on to your coins and see what will happen.
I agree with your opinion. If you keep the potential coin for a long time, then the altcoin will definitely increase but we still can not predict what will happen. Just trust and we will become rich

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September 27, 2017, 03:04:14 PM
 #455

For me i check the the charts for good patterns that will signal me to just hodl it or bail out, because you can gain more money if you did this but it's bit tricky sometimes.
Not that easy to see the charts , and looking for the certain pattern .
Sometimes there's no pattern in cryptocurrency market , it is looks like everything so random.
I won't do this kind trick , it feels like you are doing a 50/action , better to looking for a safe way by cut the loss or hold it forever!

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September 27, 2017, 04:00:26 PM
 #456

If I think the price of Bitcoin will fall and want to sell it to re-enter at lower price, do you suggest to go into Fiat or Tether?
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September 27, 2017, 04:47:29 PM
 #457

If you are a long-term holder, then there is nothing to worry. Forget about the temporary dips and carry on with your daily routine. But if you are a short-term investor, then you need to strictly adhere to the stop-loss targets.

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Genesis Vision ICO starts on 15.10.2017


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September 27, 2017, 05:42:12 PM
 #458

Chill, buy in, wait and enjoy the profit once it goes back up. Yup, dats what I usually do Cheesy

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★Bitvest.io★ Play Plinko or Invest!


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September 27, 2017, 06:06:46 PM
 #459

For me i check the the charts for good patterns that will signal me to just hodl it or bail out, because you can gain more money if you did this but it's bit tricky sometimes.
In theory that seems like it is easy but the truth of the matter is that is very difficult most traders do not get any profits or lose their money, so while many recommend trading as a way to make money I doubt that many of them are actually making that much money at all.



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Rainbot
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September 27, 2017, 06:33:58 PM
 #460

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?).

Just don't sell bitcoins(or other coins) if you bought for higher price than it currently is, that would be really bad idea, and you'd lose your money. Just try not to panic, think smart about it. I mean price will come back up again, you just have to wait a bit.

What you can do is to buy even more coins though, if their price is really low. This way you'll get even more profit once price rises up again.



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