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Author Topic: What to do when prices are falling  (Read 37574 times)
Burks
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October 07, 2017, 06:09:05 AM
 #601

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
 #602

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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October 07, 2017, 08:49:46 AM
 #603

If the price falls, then I buy coins at a cheap price or I hold those already that I have to get a good profit after the price increases. I think every experienced investor does that.

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October 07, 2017, 01:51:18 PM
 #604

Yes it is terrible, if all odal are stored there.
there is no hope other than holding it for some time until there is certainty the price will rise again.  Angry
Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss.



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October 07, 2017, 02:48:55 PM
 #605

Yes it is terrible, if all odal are stored there.
there is no hope other than holding it for some time until there is certainty the price will rise again.  Angry
Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss.

Avoid the panic selling and all.Try to sell only you need of money or else keep shut.Only if the price of bitcoin is increased means,you can continue the selling.At that time only you will get the profit .Or else entire thing is waste.If the price of bitcoin is move towards low value,try to buy lot of bitcoin at very low cost and sell it wisely.

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katiecbell
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October 07, 2017, 02:51:44 PM
 #606

Just relax, prices always fluctuate anytime. A holder is less concerned with weaknesses that occur in bitcoin, because what they see is next few years and not the current one. Investing always gets nice profit from holding patience.
In the world of crypto coins, the downfall is not something unusual or new. Everyone knows that the prices fluctuate in unexpected way due to many reasons.

The factors that affect the prices cannot be controlled by anyone but after dusk, there is a dawn and nothing lasts forever. When prices recover, they always surpass the previous peaks therefore, it is better to hold during dip.



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atulvatsa
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October 07, 2017, 03:38:04 PM
 #607

A good way to hedge your cryptocurrency is to convert it to Tether (USDT) when cryptocurrency prices are going down. Tether is a crypto coin which value is pegged to USD and it always 1 Dollars. You can read more about Tether here: https://www.cryptocompare.com/coins/guides/what-is-usdt-and-how-to-use-it/

Buy more than 100 cryptocurrencies at best rates from CoinSwitch. Visit https://www.coinswitch.co
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October 07, 2017, 03:50:29 PM
 #608

Just do not panic sell. Research before making any action, check for active developments and active developers working for the altcoins.

Patience is the key to success in crypto-currencies world (just like in real world as well).

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October 07, 2017, 04:01:25 PM
 #609

Yes it is terrible, if all odal are stored there.
there is no hope other than holding it for some time until there is certainty the price will rise again.  Angry
Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss.

Avoid the panic selling and all.Try to sell only you need of money or else keep shut.Only if the price of bitcoin is increased means,you can continue the selling.At that time only you will get the profit .Or else entire thing is waste.If the price of bitcoin is move towards low value,try to buy lot of bitcoin at very low cost and sell it wisely.
I agree with you, we need to control emotions and keep a calm state, all our next actions will determine a lot about our profit, if we oscillate and panic selling, we will only get the unnecessary loss. And with bitcoin, falling prices are a very normal thing, prices will soon recover and increase again, so we should consider it an opportunity for us to buy more bitcoin, the potential of bitcoin is huge, we should believe in it. In addition, we should not observe the price screen too much and do not try to analyze when prices are falling, that just makes us panic selling

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October 07, 2017, 04:05:34 PM
 #610

If the price is falling then buy some and hold them till the price recovers . you will have some nice profit if you buy when the price is down cause like you there thousands and thousands of other traders in the market , and what every trader do when the price goes down by much is they buy so the price will recover quick ,try to buy some before it does.

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October 07, 2017, 04:52:03 PM
 #611

Yes it is terrible, if all odal are stored there.
there is no hope other than holding it for some time until there is certainty the price will rise again.  Angry
Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss.

Avoid the panic selling and all.Try to sell only you need of money or else keep shut.Only if the price of bitcoin is increased means,you can continue the selling.At that time only you will get the profit .Or else entire thing is waste.If the price of bitcoin is move towards low value,try to buy lot of bitcoin at very low cost and sell it wisely.
I agree with you, we need to control emotions and keep a calm state, all our next actions will determine a lot about our profit, if we oscillate and panic selling, we will only get the unnecessary loss. And with bitcoin, falling prices are a very normal thing, prices will soon recover and increase again, so we should consider it an opportunity for us to buy more bitcoin, the potential of bitcoin is huge, we should believe in it. In addition, we should not observe the price screen too much and do not try to analyze when prices are falling, that just makes us panic selling
If the price fall down we don't need to worries regarding that, because we all know that bitcoin are so easy to recovered. Otherwise bitcoin prices are so fast to increase, right now bitcoin value was running into $4500 and hoping that this coming December 2017 we hit the $5000-$6000.

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October 07, 2017, 05:08:43 PM
 #612

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?).

It entirely depends on your risk taking capability and also on your goal. If you are thinking about long term, then you should go for dollar cost averaging method. You can buy more bitcoins at a cheaper price when the price is falling. It will bring down the portfolio risk as well as the average buying price of bitcoin. I mean that is only feasible if you have a long term outlook for bitcoin.

I don't think, short selling is available in any crypto exchanges. At least I don't know. So if anyone can tell us where the shorting is available that would be a great help. So without short selling method, dollar cost averaging is another wise thing you can do.

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Frank0209
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October 07, 2017, 05:42:43 PM
 #613

I'm not sure with other altcoins but with Bitcoin, when its price fall down I'll buy some more cause I think Bitcoin has very good potential and it can easily get over 10k$ in the near future. There are some guys said that Bitcoin is just a bubble and it'll be blown up soon, don't believe them, they just want to dump the price of Bitcoin then buy a huge amount of Bitcoin with cheaper price. So I think we should not shilly-shally about buying more Bitcoin when the price go down Smiley

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October 07, 2017, 05:48:38 PM
 #614

Just get into trading and brought a lot of bitcoin  from the panic people.And also with the people selling bitcoin for their FIAT Exchange. Don't sell that bitcoin for longer periods. After a month, check the price of bitcoin. If you come to know ,the price at that time is nth time greater than a month means, sell your holding bitcoin.

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Enzo 666
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October 07, 2017, 06:13:52 PM
 #615

just watch it and cry  Tongue Tongue Tongue Tongue





when price falling it is your work time and it will make you gain money so if you loss that time sold all your bitcoin and away from btc world
anklas
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October 07, 2017, 10:02:58 PM
 #616

If prices are falling what i do is hold because i am a long term investors i will patiently wait for the market to recover and increase again. Patience is a virtue i know i will earn good profit in the future.

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October 07, 2017, 10:04:58 PM
 #617

When I have alot of btc, and price falls, I calm down and wait, if I have less or no btc, I buy more ..
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October 07, 2017, 11:40:33 PM
 #618

When you see that the prices of coins are falling or decreasing, all you need to do is to hold your coins. If the value of ETH to BTC becomes low then you need to hold it or keep your ETH coin. Because basically the money you can earn also decreases because of the poor exchange rate. Just wait for the moment when it pump up again.

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October 08, 2017, 04:31:28 AM
 #619

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?).

quit bad? by buying bitcoin for $4600? that that not quit bad, thats the right decision, whether you are or not educated in bitcoin then you buy/bought bitcoin in what decisions you have, that the right decisions youve made for your whole life.
then during the dip (bitcoin price decreasing) all you can do is buy as much as you can (bitcoin) and sell as much as you have (alt-coin), because they are vise versa,  i mean when the bitcoin is falling, alt-coins are increasing, when the alt-coins are falling then bitcoin is increasing, so thats why i tell you to buy bitcoin as much as you can when in the dip, the sell your alts as much as you have after the pump.
I am also in favor of grabbing maximum bitcoin when they are going through dumping phases. This is the best thing you can ever do to yourself and to the persons related to you. Bitcoin as we all know are the future of the world and if you are getting chances of buying bitcoin at cheap prices, think of yourself as blessed one because soon bitcoin are going to be out of range.

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October 08, 2017, 04:52:42 AM
 #620

First thing I do is I keep myself calm when the prices are falling. second thing I  dont think of panic selling . If it is possible I book the profit immediatly.

And I try to buy more at the bottom.


Surprisingly I do the same but I would like to add some more things in it:
1.   I involve myself in some sort of yoga or meditation exercises to keep myself as calm as I can.
2.   I try to control my emotions by a thought, “Soon this time will also be passed.”
3.   I try to buy as many coins as I can because I know that one day prices are going to high again
      where I can make a lot of money.

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