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Author Topic: What to do when prices are falling  (Read 45441 times)
ThunderCatSteve
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October 05, 2017, 12:27:35 PM
 #581

if the bitcoin or altcoin price falls, you just survive and buy again when the price is low.
it is a way that you do not lose. the key of a trader is patience,
The issue is not everyone wants to be patient and that is always the first good quality of a trader most especially when you are sure of your stand in a market. With the market most times, except for a coin that does not have prospect, but for bitcoin or any other altcoin with good prospects, there is nothing that absolutely goes down that does not come up. It is left for whoever wants to trade, to have the patience sometimes to allow it do so

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October 05, 2017, 12:33:54 PM
 #582

For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell

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October 05, 2017, 02:33:13 PM
 #583

For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell

This strategy is good you sell if you think you are losing a percentage of your money and then transfer to another coin that has potential to pump. But I want to ask you on what percentage are you going to dump your coin if you are in a losing position? Because me I usually do it if I am 10% loss.

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October 05, 2017, 06:34:05 PM
 #584

The prices are dependent upon current market situation.There are two best things that one could do when the price of coins are falling.Hold the coins so that you don't suffer from any losses.Buy more coins to make good profit when the price recovers.
Yes, I also have the same opinion with you. Altcoins and Bitcoin are all digital electronic currencies, which are traded very frequently, so it is normal to see fluctuation in price fluctuations. If the price drops, the first thing we need to do is to stay calm, do not panic sell everything else or we will loss more. Be calm and see how the next situation. And as you said, if you can afford it, buy more coins because if it raises, you will have a lot of profit. Of course there are good altcoin options, potential growth and value added in the future Cheesy
if the prices of bitcoins are falling then it is blessing for you because because the falling of prices will be temperory so it will be advantage for you to buy more and more bitcoins then you will see the prices going higher so you will be rich in leaps and bounds.

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October 05, 2017, 07:39:17 PM
 #585

prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price

I agree with you, uncertainty regarding the future outcomes is the biggest reason for not holding the coins, The most losses of investors of gains is investing on scams coins or selling too early on promising projects, Then boom, out of a sudden news leak on reddit and the price hikes basically overnight. Since you cannot time these it can be a good strategy to simply say "find a coin you believe in and just hold it for at least several months - it may not go up immediately, but in the long run you will be happy".
you should not be worried when price are falling if the prices are falling so it will not be a permanent fall it will be a temperory fall of prises therefore you should not be worried of loosing money it will be an opportunity to buy more and more bitcoins because it will not be a permanetn fall of bitcoins.
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October 05, 2017, 08:18:02 PM
 #586

For me i would just stay calm but if the volume is not that good and it is dumping so much i would probably sell it but if the dump is just quick and it goes higher i would sell there.

That's the quality of experienced users like you because when the price falls that's the right time to buy and make it an asset for future because I had little amount of bitcoin left in my wallet and the price dipped so I left the bitcoin as it is with broken heart and after 3 years it's value almost increased by 8 times so it's better to store more when the value if less or down.

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October 05, 2017, 09:47:10 PM
 #587

When the prices do fall I tend not to panic and cash in my bitcoins instead I buy a lot and HODL hard. I do check the market from time to time to assess whether it's a good thing to hold or not.
When it comes to bitcoin I do not worry, I do not check the prices that much anymore since I know that the price will eventually go back to normal after some time, it does not matter if it takes weeks or months but when it comes to altcoins I keep a very close watch on them and decided if I keep them or sell them.



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October 05, 2017, 09:56:03 PM
 #588

prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price
I would do something slightly changed. I will hold half of them and then use other for trading. And will try to make them double. Will stay in touch with news and if the price seems to raise then I will sell the holding bitcoin and then will use the other bitcoin.


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October 05, 2017, 10:23:55 PM
 #589

For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell
If you know that it will be a quick short dump and then the price will start to recover,  then you should take advantage of it. Follow the classical rule. Sell when the dumping is about to start. When the price reaches its bottom, start buying with the money you got from selling your previous coins. Again when the price reaches its top level start selling and make an exit with your profit.


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October 05, 2017, 11:35:22 PM
 #590

Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.

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October 06, 2017, 06:36:00 PM
 #591

Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.

Yeah we should not panic if a sudden increase or decrease had happen. Fluctuation of crypto currencies prices are normal here in trading and if we are going to be affected easily we will not be able to think smart and might trade at a very wrong time and with very low profit. Staying calm and having a clear head will be helpful at this kind of situations.

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syberwolfen
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October 06, 2017, 08:01:09 PM
 #592

Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.

Yeah we should not panic if a sudden increase or decrease had happen. Fluctuation of crypto currencies prices are normal here in trading and if we are going to be affected easily we will not be able to think smart and might trade at a very wrong time and with very low profit. Staying calm and having a clear head will be helpful at this kind of situations.


Yes we should not panic let it be an increase or decrease in he value we should not panic if it is an increase then good for us and if it is a decrease then we can utilize it to best of our interest by buying more bitcoins when the value is less as we have seen whenever price dips in couple of months it will increase again so rather than selling when the price falls we need to buy bitcoin and store it for future.

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October 06, 2017, 09:56:00 PM
 #593

The prices are dependent upon current market situation.There are two best things that one could do when the price of coins are falling.Hold the coins so that you don't suffer from any losses.Buy more coins to make good profit when the price recovers.
Yes, I also have the same opinion with you. Altcoins and Bitcoin are all digital electronic currencies, which are traded very frequently, so it is normal to see fluctuation in price fluctuations. If the price drops, the first thing we need to do is to stay calm, do not panic sell everything else or we will loss more. Be calm and see how the next situation. And as you said, if you can afford it, buy more coins because if it raises, you will have a lot of profit. Of course there are good altcoin options, potential growth and value added in the future Cheesy
if the prices of bitcoins are falling then it is blessing for you because because the falling of prices will be temperory so it will be advantage for you to buy more and more bitcoins then you will see the prices going higher so you will be rich in leaps and bounds.
Exactly, people panic when bitcoin goes down but most of the time that is good news for me, invest some money at that point that way you are going to get profits when the price goes up, you can decide whether to keep that bitcoin or to sell and get more fiat while you leave the rest of your bitcoin investment intact.



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Rainbot
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October 07, 2017, 01:37:45 AM
 #594

Just hold and wait for the Rise, Never Panic coz it's normal not only in BTC but all for the coins out there. If you have an extra fund, if the market is in dip then buy more. If you really believe in something that you invest in then you will not be bothered to go for more. Life's a gamble remember it day by day.


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PETES
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October 07, 2017, 01:54:53 AM
 #595

When price is falling the market is in bloodbath and it means it's a red day sale of cryptos so grab the opportunity and buy, well I hope you have funds when it happens. Grin
Then after you bought, just HODL it and wait. Just grab some popcorn then sit back and relax.s

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October 07, 2017, 03:04:38 AM
 #596

if you feel your altcoin you hold is falling down is better to sell imadiately to bitcoin..because bitcoin when his falling down iknow he can falling up immediately and wiat for my altcoin pump exchange again...
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October 07, 2017, 03:07:19 AM
 #597

Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.

It's a sure thing buddy. As fluctuation is always usual in a currency so nothing to worry about.
Worry if you sell when this things happen because you definitely missed some part of your life.
So don't do something stupid, hold and wait for the uptrend.

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October 07, 2017, 04:47:53 AM
 #598

Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.

It's a sure thing buddy. As fluctuation is always usual in a currency so nothing to worry about.
Worry if you sell when this things happen because you definitely missed some part of your life.
So don't do something stupid, hold and wait for the uptrend.
When bitcoin price fall down all we need to do is to sell it immediately, because if we can't do it there's a possibility that this are leads of loses to the owner part. However if you truly love and trusted the bitcoin just hold it for long run of time because there's a possibility that in the future their value is raising up. but in my opinion when bitcoin is fall down its better to invest and wait the right time before sell it, to sure that they were earn profit.
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October 07, 2017, 06:09:05 AM
 #599

For me i would just stay calm but if the volume is not that good and it is dumping so much i would probably sell it but if the dump is just quick and it goes higher i would sell there.
When the prices are falling dont panic it is just a little dump,if the price is goes down soon it will regain from its fall.Because we all knkws that the bitcoin price is constantly increasing from the date of its launch.Even if value goes down also soon it recovers from it as per the history of bitcoin.Never sell at the time of price down of you do then you will have to lose your investment.
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October 07, 2017, 08:00:44 AM
 #600

i think the best thing to do. dont panic.
hold on to your coins. drink a cup of coffee.
and read the related news why this coin is dropping.
after that its a good time to decide whether to sell of hold on to your coins.
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