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Author Topic: What to do when prices are falling  (Read 43961 times)
MRlong
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October 22, 2017, 04:33:30 PM
 #821

If you know that you got good coins then you should buy more when others are selling and wait for correct time to sell.
Just right on point! Only those holding shitty coins always end up getting scared as the shitty coin keeps getting dragged down.

That is why you just need to trust your portfolio and believe that no matter what, it is just going to bounce back. And even dips like what we are having presently is always the best moment to buy and get a huge profit once they get back on track.
There is only one thing which can help you from not suffering a loss at the time when the prices are falling down and that is your patience of holding your bitcoins. Holding is the best thing under those circumstances. Moreover, buying of more bitcoins at the time when the price is down is another good option. This way you can increase the number of bitcoins you own.
HODLing is the only thing that guarantees you to always stay safe. A time will come that the value would have gone past the amount you purchased and you will not even care if the value is dropping or not, knowing there is no way it would get to the point you got it the first time. It is just patience and time.
What is the base make you can be sure hold is safe? I do not remember any "expert" from the cryptocurrency market have this through, even other markets also do not advise you should hold to keep safe your money

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October 22, 2017, 04:42:40 PM
 #822

I just keep holding my bitcoin if the price are falling, I know bitcoins behavior dump and pump, just hold until the price is going up then sell your bitcoin if bitcoin reach the target price you want to.
That's right keep as much as you can because you may earn much if you hold than to sell it at risk. bitcoins price is too unpredictable and its better to ignore when the prices are falling.
As the user suggested everytime one should not ignore when the price keeps on falling. Looking at the growth chart one can understand the variation happening commonly as well something unexpected. When one can make this differentiation, then it's an easy task to make correct decisions on the price fall other than emergency requirements.

Yes If the price of bitcoin just start to decrease means,you have to sell the bitcoin only for the emergency needs.Or else just keep it in your wallet.If you have faith in bitcoin it will again raise means,just brought the bitcoin as much as you can.If you have more dollar means,even you can brought 1BTC.When the price increase means,sell at that time.

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kafiddrhman
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October 22, 2017, 04:59:30 PM
 #823

It may remain calm and optimistic that rising or falling bitcoin prices has become an inseparable system of bitcoin, and if it does not have an immediate need, it may be better to keep bitcoin as a future savings. because I believe the bitcoin price will continue to rise.

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October 22, 2017, 10:05:23 PM
 #824

It may remain calm and optimistic that rising or falling bitcoin prices has become an inseparable system of bitcoin, and if it does not have an immediate need, it may be better to keep bitcoin as a future savings. because I believe the bitcoin price will continue to rise.
At the time when the prices are falling down, there is only one thing which can help you from remaining free of loss is to remain patient and control your nerves. You only need to do one thing and that is you need to hold your coins for as long as you can. There is nothing beneficial in getting panic and selling your bitcoins at low prices. You need to make wise decisions and you need to think very much carefully.

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October 22, 2017, 10:25:05 PM
 #825

I usually buy into other altcoins that tend to follow bitcoin's trend, but fall harder and rise faster.

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October 22, 2017, 11:09:44 PM
 #826

What I usually do if prices are falling most specially if the coins are very low, I would buy more coins from a much lower price and your total amount of couns would then be divided; the result would be lesser losses. Read or research on google about books or ebooks on trading.

Me too, i will take the opportunity to buy more coins that i know can be longer on the market and hold until the value pumps again. So in that case, in the future my coins have a great profit and my losses will be lessen.

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October 23, 2017, 01:35:44 AM
 #827

HODL is the best,
chart is unpredictable.

Trading may be better if you know where to go,
when to sell and to buy.

I prefer to HODL
cotton ball
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October 23, 2017, 01:55:37 AM
 #828

What I usually do if prices are falling most specially if the coins are very low, I would buy more coins from a much lower price and your total amount of couns would then be divided; the result would be lesser losses. Read or research on google about books or ebooks on trading.

Me too, i will take the opportunity to buy more coins that i know can be longer on the market and hold until the value pumps again. So in that case, in the future my coins have a great profit and my losses will be lessen.

This is very effective for bitcoin, but it is very basic for altcoin because it is not all good to hold, the popular altcoin movement seems very slow, most traders are more interested in shitcoin trade because the risk is proportional to the large income. I'm more interested in selling coins that do not have long-term potential and more focus on holding bitcoin even though it is experiencing a downward trend.
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October 23, 2017, 03:29:43 AM
 #829

First of all, if you are not into long term investments, do not put all your fiat in assets - so when the price falls eventually, you would be able to buy at that dip. Also, if you are confident with the whitepaper of your asset, do not panic to sell when prices are falling... it will recover eventually.

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October 23, 2017, 03:44:04 AM
 #830

I always trust bitcoin so I am not do anything when it's price down. I am sure than the price will rise again because so many people are want to buy bitcoin in low price.

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October 23, 2017, 04:06:36 AM
 #831

Just sit calm, hold your bitcoins and watch for the opportunity to sell or even buy the bitcoins again. When the price of bitcoin falling, some of traders will do panic selling and i think you can take opportunity to buy bitcoins more. It's depend on the situation actually.

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October 23, 2017, 06:23:20 AM
 #832

I'm new in trading. I lost almost 50% of my capital... because the coin I buy price fall and fall till now... Is good I to hold or sell to cut loss?

I think it depends on what coin you're holding. Have you done a background check of the coin or have you read any articles regarding its statistics? If yes, and if you think it has great possibilities and its value has a large chance of bouncing back, then I suggest you hold. Always do research of what coin you're trying to invest in. It will help you avoid certain profit loss.


I still try to check if have any good news about a coin that I hold.
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October 23, 2017, 07:14:57 AM
 #833

Hold tight and wait for it going up again.  Grin Grin Grin
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October 23, 2017, 07:41:15 AM
 #834

What I usually do if prices are falling most specially if the coins are very low, I would buy more coins from a much lower price and your total amount of couns would then be divided; the result would be lesser losses. Read or research on google about books or ebooks on trading.

Same thing. I mean you should stay firm and be able to think of decisions or tactics to gain more. I mean think of it as an opportunity to be able to buy , hoard or invest more in much lower price. In that way you could earn more and will continue to do so.

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October 23, 2017, 08:12:13 AM
 #835

When the prices are falling that's the time you need to buy. Buy-Low and Sell-High. However, if the currency other than Bitcoin is looks like inactive and still falling, you better to hold it and wait until it rises. You only experiencing a paper loss but when you withdraw it, that is your actual loss. For me, it's better to hold and wait. Better to buy to other currencies with good performance to recover from losses.

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October 23, 2017, 08:24:53 AM
 #836

Just sit calm, hold your bitcoins and watch for the opportunity to sell or even buy the bitcoins again. When the price of bitcoin falling, some of traders will do panic selling and i think you can take opportunity to buy bitcoins more. It's depend on the situation actually.

At the time the falling price is a good opportunity to invest bitcoin because bitcoin has a great expectation of having a high price return.
It's time to wait for the price to drop drastically  Wink

                             
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October 23, 2017, 08:28:08 AM
 #837

Even when prices of bitcoin and altcoins are falling, as long as you hold your trades and don't sell them away at a loss, you are still not losing any amount of money that you invest in it. The better option would to be holding them in your wallets until the price rise up again in order to gain profits.

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October 23, 2017, 08:29:42 AM
 #838

I personally thing when the prices would fall you should be patient and observe the change in prices for a bit more time, taking decisions quickly won't do any help because it is meant to be a long term investment. You should watch for some time and if the prices keep dropping you should withdraw.

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October 23, 2017, 10:00:27 AM
 #839

If you already have a portfolio of alts, then you don't need to get involved in trying to short sell BTC, or sell it at all. BTC in your portfolio should work as a hedge to the other crypto's which you can buy/sell as you please. By selling or shorting BTC you're basically annulling the hedge that BTC is creating and making yourself vulnerable to the altcoin volatility. The best thing to do really is to keep your BTC and not even bother watching at what gains or losses it makes per day, because that's affecting your mentality and you come to bad conclusions (like selling your BTC), since you can't predict the market, unless there is some big event going to happen which you're sure it will increase/decrease the price, try not to sell in the first place, because prices can go up as easily as they can go out in the crypto world.

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October 23, 2017, 11:16:43 AM
 #840

Hold tight and wait for it going up again.  Grin Grin Grin
Yes i agree with you, Hold is the best thing to do if you want to get your profit. You don't lose your bitcoin or altcoin unless you sell for the lowest price for your actual price. That's why much better to hold after you get your profit what you want and sell it.

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