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Author Topic: What to do when prices are falling  (Read 36510 times)
mabell943
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September 28, 2017, 04:12:21 PM
 #481

My suggestion with regars to this problem is either to sell your coins or invest more coins just like in any other businesses for them to lessen their loss they are selling their products or coins to a satisfying price another thing is to buy more coins because the market itself is unpredictable sometimes the market is on ita peak but sometimes it is not. So ita up to you whether you sell it or invest ore then wait for the surge.

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September 28, 2017, 04:37:10 PM
 #482

We cannot dictate you of what to do,there is just 2 option to choose: hold or sell.... we have our body instinct,sometimes im using it.. just a week a go,btc dump too much ,lot people are panic selling but i just hold my btc because i know,it will pump to the moon in time.

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September 28, 2017, 05:24:07 PM
 #483

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?).
when Prices are falling of course don't panic if the value got dumped. Don't let your emotion control your mind and brain, so that you're gonna put in the situation that you can become totally wreck.

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September 28, 2017, 06:01:15 PM
 #484

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.
The three coins the op bought, or at least the ones he let us know are BTC, ETH and NEO, and those are good coins those are not pump and dump coins I think the three have a future and can reach their previous prices and a lot more he just needs to wait.



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September 28, 2017, 06:17:49 PM
 #485

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?).
when Prices are falling of course don't panic if the value got dumped. Don't let your emotion control your mind and brain, so that you're gonna put in the situation that you can become totally wreck.
Being panic never give us a good results and therefore, if you want to save your money, keep holding your coins in any case, especially top coin. They are very good and sooner or later, it will be bumped again Wink Ethereum, neo, bitcoin,.. they are all good for holding

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September 28, 2017, 06:29:19 PM
 #486

When I follow the market prices I usually try to find some official predictions for the price. I google all the long and short term forecasts and I also try to find the National Statistics Agencies predictions. Especialy these forecasts (the National official forecasts) can help you to make your decisions. So I am giving you two sites to help you in your decisions when trading bitcoin, however I am telling you to use them with some precautions (their forecast cahges by day), however they are 70-80% good.
http://dollarrupee.in/btc-to-inr-today-and-forecast
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

I used the same forecasts from the USA last years, but this year I cannot find the site on the web.
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September 28, 2017, 06:38:09 PM
 #487

It is the greatest chance for a trader to buy more coins when the price failing down. I personally buy huge amount of coin with low price and i sell it on the time of pump. Majority time I can be successful in this way.

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September 28, 2017, 07:12:44 PM
 #488

It is the greatest chance for a trader to buy more coins when the price failing down. I personally buy huge amount of coin with low price and i sell it on the time of pump. Majority time I can be successful in this way.
The fact is that you always need to choose panic from your weekdays, because the crypto currency has always been unstable and has been falling and rising, but that does not mean that you need to run and sell everything. The fact is that there are many specialists who predicted the huge growth of bitcoin, and we will definitely wait for it.

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September 28, 2017, 07:55:17 PM
 #489

when prices are falling I buy some more coin and wait to prices high..if you sell when prices are falling you get nothing.but if you wait you have to chance get sometimes

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September 28, 2017, 11:09:38 PM
 #490

when prices are falling I buy some more coin and wait to prices high..if you sell when prices are falling you get nothing.but if you wait you have to chance get sometimes
Grab the opportunity to buy more, think always that when it dumps its our advantage so use it. When it falls too far from it's last peak then it'ste to buy buy.

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September 28, 2017, 11:12:09 PM
 #491

last week when bitcoin was falling i sold 0.20 for usdt at $4500 final rate, aprox $900, so i waited a bit and bought 0.25 with the same amount of money when the price touched $3700. So it was a fair trade, but it is so risky to trade bitcoins for usdt and take profit from that, we all know that bitcoin is a very volatile market and it can go up or down in just seconds. But i made it


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September 28, 2017, 11:27:33 PM
 #492

Just hold my bitcoin and altcoins then buy some bitcoin and altcoins while it is now at the very lowest price.
 
In my opinion, a good/wise trader always seek for the lowest point so that when it reach to the highest point. He/she can have a very nice profit.

Have you heard of the saying of most traders which is to "buy low, sell high"?? You can either buy once the price plummets or you can choose to just stay where you are and hold everything that you have. Just don't panic. A mistake that most traders do is to panic sell whenever the price gets low and this has a domino effect on other people as well making them to panic too.

It is good to still hold, especially bitcoin even when the price is low. I trust that bitcoin is strong and would sustain for the following years so don't sell it just yet when the price comes down.


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September 29, 2017, 02:26:20 AM
 #493

In my opinion if you dont want cutloss for another coin you should hold as long as you can

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September 29, 2017, 05:11:52 AM
 #494

In my opinion if you dont want cutloss for another coin you should hold as long as you can

Maybe, but if your instinct is telling you to sell it then sell it before you regret it. Sometimes, if we are holding our token too much, there are times that instead of having profits, we are losing it because of sudden price drop, and the worst scenario is getting devalued. But if we know that the tokens that we are holding have the potential to be hold for a long run, then feel free to do so because it is going to be worth the wait.

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September 29, 2017, 05:22:15 AM
 #495

Don't panic Cryptocurrency have a big potential right now. It will go up for sure in some months
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September 29, 2017, 06:32:43 AM
 #496

hodl and buy more  Cheesy
You have although said quite few words but you have given the best advice. I will agree to what all you have said. I think the best way to cash those moments is by buying as many Bitcoins as you can at the time when prices are falling down. This will be the decision which you’ll be satisfied with the most in the future.
oh yeah,
this is good for us to buy when the prices are pretty low. but the really good thing is that when you sell your bitcoin when you feel that price is pretty much high, and then again buy bitcoin when price become goes down, and in this way just enjoy your profit.
All those who are holding large number of bitcoins are regularly using this strategy to buy bitcoins whenever they are going through hard dumps. It does not make sense to get panicked with bitcoins and sell them off with fear of being in loss. Bitcoins are best to be bought when available at cheap rates.



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September 29, 2017, 06:40:01 AM
 #497

First, you need to do is to choose a a cryptocurrency which is legit coin before buying it. So if that legit coin's price will fall, all you need to do is to hold it until the price is go up again because there is a time for every coin.

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September 29, 2017, 10:09:15 AM
 #498

I think there is a reason why you bought these coins, and of course its because you trust that these coins will bring you profit. Now if their thread is down, I think its better for you to hold for a while and observe the thread, if the down thread is continuous for a long time then maybe its time for you to sell or trade your coins but if its rising and falling continuously, then I think holding would be my option.
Yes it is the reason behind every trade. Everyone when getting into this trading of bitcoins have some faith in it. So keep believing in this coin and if the threads are getting down as you said, so best option is to hold and observe keenly what is happening.

Then decide according to the next move of that thread. Decide smartly and everything will be in your pocket.

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September 29, 2017, 01:13:36 PM
 #499

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.
The best thing is holding the coin and buying the new one. Holding is best because it will not affect your investment it will be safe until you want it and buying new because they will give you more profit in time of high market so do these two thing you will be successful.

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September 29, 2017, 05:26:26 PM
 #500

My suggestion with regars to this problem is either to sell your coins or invest more coins just like in any other businesses for them to lessen their loss they are selling their products or coins to a satisfying price another thing is to buy more coins because the market itself is unpredictable sometimes the market is on ita peak but sometimes it is not. So ita up to you whether you sell it or invest ore then wait for the surge.
Buying more coins may seem like a bad idea to some, but in fact it is a good idea, if you buy more coins at cheaper prices then the overall costs of your coins go down and you will need a lower price increase than if you just held, the only problem with that strategy is the fact that you need to have money to do that.



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