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Author Topic: What to do when prices are falling  (Read 45465 times)
Ann Impas
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October 09, 2017, 11:32:07 AM
 #641

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.

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October 09, 2017, 11:45:04 AM
 #642

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
If you will do that every of your trades for sure you will lose all your money you can't do day trading if markets goes down and go back again if market will go high that will make you regret instead hold the coin for a few days. Day trading becomes effective when there is a war in the market

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October 09, 2017, 01:59:02 PM
 #643

My only suggestion for you when prices are falling is HOLD. Some people have weak hands, they panic and sold their coins  after it. Trading is very risky so you have to be patient and have strong hands. Read some news about your coins or what your coin can do in the future so you can decide if you hold that coin for long term.
Yes I agree with you, being patient is the key here to gain more profit, just like me, I don't have enough that patient when I think the price is high I will sell it already but once I sell it, it turns out that bitcoin will rise again.  Grin hahaha. Wrong timing.
As far as a person is earning profits, he must be happy because even a little amount of profits is extra money and mostly people sell out their coins when a specific target is reached and the holder gets satisfied by it but selling out bitcoin if there is no particular need is not a very good decision. The longer you hold this coin, the more you will earn money. Bitcoin keeps on rising up.

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October 09, 2017, 02:24:45 PM
 #644

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
If you will do that every of your trades for sure you will lose all your money you can't do day trading if markets goes down and go back again if market will go high that will make you regret instead hold the coin for a few days. Day trading becomes effective when there is a war in the market
Yes in day trading if the market is down we will not make any profit. and that time no traders will show interest to do day trading. but it is the best time to buy our fav coins at a low price.

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October 09, 2017, 04:57:15 PM
 #645

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?).

You know that if you want to earn a lot of money you will sell it while bitcoins are not falling. Because when you sell a downgrade the price will definitely drop the amount of bitcoins you hold and of course its value. So what you do well when you hear the news drop bitcoins is that you immediately sell it and wait for it to fall down first to buy it. And when it rises of course you will also increase the value of your bitcoins. That's the way to earn

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October 09, 2017, 08:14:09 PM
 #646

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.


Your habit must be helping you a lot in increasing your income and getting damn stable financially. Panic selling is the worst kind of mistake that people do when their respective coins are going through dumping phases. Bitcoin is the only coin that is worth buying when the prices are quite low because bitcoin pump damn hard after every dump.

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October 09, 2017, 08:59:33 PM
 #647

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
If you will do that every of your trades for sure you will lose all your money you can't do day trading if markets goes down and go back again if market will go high that will make you regret instead hold the coin for a few days. Day trading becomes effective when there is a war in the market
Haha, your idea is humorous. Yeah, really when the volatility happen strongly on the market, that is the "war" time as your said and you can make profits through the price fluctuation. Buy at low price and sell at high price, you need to find the base price if you want to exchange normal and make profits.

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October 09, 2017, 10:15:19 PM
 #648

If the price falls, I usually hold my coins until it grows up and brings me a good profit. If I have free money. then I can buy more coins at a cheap price.
This is the only right thing to do, if you are in a coin you like and believe in there is not need to sell especially if the price is under what you paid, so the only thing we can do is to hold, besides most of the time the dump does not last long unless there is a fundamental reason for the dump to last more than a few days.



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October 10, 2017, 03:42:05 AM
 #649

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 price is falling just relax,don't be in panic. You can forget about your coin.After few days you will see that the price pumping.This the rules. So in price falling time just be patience don't sell in panic
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October 10, 2017, 06:53:20 AM
 #650

If you know that you got good coins then you should buy more when others are selling and wait for correct time to sell.

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October 10, 2017, 07:31:48 AM
 #651

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
There is totally a huge difference between a day trader and a long term trader. Most long term guys usually hold for profit and even buy more at dips looking for when it would come back rising up to give them a huge profit.

Day traders on the other hand have a totally different perspective towards trading, buy now, make some quick profit no matter how small and never lose more than this amount. However, there are sometimes you just need to study the market so you do nt end up losing pretty bad and such markets are the ones we are having presently.

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Rana590
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October 10, 2017, 07:38:02 AM
 #652

If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
Obviously it needs to hold because nobody wants to lose his capital. Holding is the best way in dumping situation and besides it, buying coin with low prices can help anyone to get more profit when the price will jump again. But we should remember that we buying real coin. Don't buy dead or inactive coin.

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bitterguy28
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October 10, 2017, 07:56:04 AM
 #653

just hold your breath and relax yourself calm do not worry of that with your hope patinece specially used your skills for that sitution monitor your invesment and wait again to pump up the price its this scenario you investment getting profits.

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October 10, 2017, 08:50:07 AM
 #654

In my opinion if you dont want cutloss for another coin you should hold as long as you can
There is no other better thing than holding of Bitcoin especially when the prices are falling down. Most of the owners get panic at the time when the prices are falling down. But if you want to remain safe and you actually don’t want to suffer loss then holding is the only possible solution which can help you and can save your money.


You are quite true. The time when prices are falling, many of us get panic and decide to sell all we have feeling that it’s nothing more than a trash now. I think that they are the biggest fools among us all. The right time to sell more and more of the bitcoins is indeed when you find the process falling down. In this way, you will find yourself to be rich when the market value will again get into the pace.
Yes I agree with you keep it with yourself because bitcoin change his price on weekly base and I don’t remember when bitcoin price come to dead line so I will advise to all the users of bitcoin that no need to worry when the price go down because it’s a part of market just need a little wait then when the price go high then sell it out and achieve your target.

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Dodoymabs
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October 10, 2017, 09:56:57 AM
 #655

In my opinion if you dont want cutloss for another coin you should hold as long as you can
There is no other better thing than holding of Bitcoin especially when the prices are falling down. Most of the owners get panic at the time when the prices are falling down. But if you want to remain safe and you actually don’t want to suffer loss then holding is the only possible solution which can help you and can save your money.


You are quite true. The time when prices are falling, many of us get panic and decide to sell all we have feeling that it’s nothing more than a trash now. I think that they are the biggest fools among us all. The right time to sell more and more of the bitcoins is indeed when you find the process falling down. In this way, you will find yourself to be rich when the market value will again get into the pace.
Yes I agree with you keep it with yourself because bitcoin change his price on weekly base and I don’t remember when bitcoin price come to dead line so I will advise to all the users of bitcoin that no need to worry when the price go down because it’s a part of market just need a little wait then when the price go high then sell it out and achieve your target.

When prices are falling thats the time you buy bitcoin.And hold for it as long as you can.Set a plan when you want to sell and dont panic.Other people are panicking when prices are getting low this really happens sometimes.Just   be patience and later you will see your hardwork.

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October 10, 2017, 10:49:11 AM
 #656

When prices are falling , try to collect coins or buy to have an investment.

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October 10, 2017, 10:52:08 AM
 #657

when the price are falling, I generally try to collect the coin as a investment for profit.Because, at any time it will grow up a good profit for me
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October 10, 2017, 10:55:04 AM
 #658

When the price falling down,I just collect the coin.That coin will bring a good profit

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October 10, 2017, 11:42:33 AM
 #659

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.
Yes that's the right thing to do, even the the value was drop down, instead of getting panic be still and at ease because in the end it will resume once more at the original value or more I think.

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October 10, 2017, 11:59:59 AM
 #660

When prices of alts fall down, you don't have to do anything. Some people panic and sell their holdings thinking that they might get wrecked. But before you react, you have to know why does the prices are falling down. Maybe they are just normal. Crypto markets are truly volatile in nature. So you better get used to it. Just keep updated about the coins you hold so that you know why does its price increases/decreases.

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