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Author Topic: What to do when prices are falling  (Read 38194 times)
sabarr
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October 31, 2017, 12:01:03 PM
 #941

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?).

if the price goes down I prefer to buy because it is a good time to buy and sell it again later when the price goes up

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October 31, 2017, 12:27:42 PM
 #942

It depends on the coin you invested in. Some will keep depreciating in value, so you can decide to sell early to reduce your loss or hold for longterm. But for other highly valued coins, the fall does not last long, so, hold. they will appreciate in a short time and gain more value than before.
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October 31, 2017, 12:58:43 PM
 #943

Its called opportunity to get more from xx coin since its cheaper, but there is a risk wich can make the coin to dont be able to recover anymore those past values as well. Usually i do buy some altcoin to invest, my main interest is bitcoin wich is more stable and with huge potencial to keep growing over time, but i dont look too much the price i do like to see the ammount i have into bitcoins, no matter its value.


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October 31, 2017, 01:11:50 PM
 #944

Don't panic, when price is falling. Bitcoin fluctuates a lot. I think when you start trading you should use stop-loss and take-profit.
Panicking should even be the last thing for any good trader or even a long term holder.
Every trader should have a straight decision according to plans on what to do when the market is in blood and then make the decisions as fast as possible. For someone holding for long, it is not even necessary cause definitely the market will bounce back, no doubt when the coast is clear.

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October 31, 2017, 01:16:01 PM
 #945

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?).

Based on my readings, many long time traders mostly hold their coins, or use them to buy other coins with reasonably low prices to be stored until the price ripens and is ready for trading. I think since you are intuitive and you like learning, it would be better to read about the background of companies proposing investors to invest in their projects or business. By doing this, you can gain valuable knowledge if the risk of investing can be swallowed, or if it's too good to be true to succeed, therefore, it can serve as a good indicator to avoid those investments.

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October 31, 2017, 01:21:18 PM
 #946

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?).
If it's me, then first i would research what caused the price to fall, if it's nothing serious (just some fud) then i will buy if there's spare money available to increase my holding. I try not to sell whenever the price crash because there will be recovery later, the only time i sell is when i lost faith to the coin. I don't short because i'll likely miss the timing so holding works better for me.

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October 31, 2017, 01:51:41 PM
 #947

My advise is just to buy a few of falling prices and wait until to goes up again. It takes some time for the price to recover but don't worry since it is probably worth the wait.
There are number of newbies who learn a very good experience at such kind of scenarios. They actually get panic when they see going in loss and they go for selling their bitcoins at the low price. Whereas, they actually need to cash that opportunity in a way that they should go for holding of the bitcoins which they are already having and go for buying as many bitcoins as they can for better results.

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October 31, 2017, 02:25:47 PM
 #948

What I do is hold or sell and buy in later once I feel its ok to go in. Else if I hold I don't panic, I just keep doin what I do everyday.

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October 31, 2017, 03:48:46 PM
 #949

Don't panic, when price is falling. Bitcoin fluctuates a lot. I think when you start trading you should use stop-loss and take-profit.
That is for sure thing. Bitcoin have been fluctuating from the very first day and till now you can see the big and continuous fluctuation. This is the beauty of bitcoin and believe me if this fluctuation ends and bitcoins will be stable, there will no sure fame and profits in bitcoin. So don’t get worried about it and never comes to the game of being panic. It will eat up all your profits.

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October 31, 2017, 04:11:53 PM
 #950

It depends on the situation. Holding is very helpful but not all the time. Sometimes you need to sell your coin cheaper than to its original price to avoid the big loss.
Yes exactly it totally depends upon the current situation that how you take it. sometimes you have to sell imediately to prevent from loss but sometime you have to be stay calm but in general 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. You just have to be believe on your coin and you have to be confident on iit for the long term to get benefit from it because up and downs are temperory. 

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October 31, 2017, 04:14:17 PM
 #951

What to do when prices are falling? simply just buying for what coin would you prefer to buy to add that again on your assets..
If you're really a trader you will feel happy because of falling down price.. Don t need to panic selling .. But look at this as opportunity..

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October 31, 2017, 04:53:55 PM
 #952

Holding is always, But it's all back to history of that coin if that coins is brand new i can hold it for a long term, just sell when i got small loss.. don't ever do trading if you just wanna profit from trading. If you already got profit you should try how you feel when you loss



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October 31, 2017, 05:19:07 PM
 #953

bitcoin  price is varying with time and  whenever price is falling then i can start buying more and more bitcoins and also keeping my own bitcoins till to the time when the rate of bitcoin is high then i will start selling bitcoin and can earn enough profit through this way.

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October 31, 2017, 05:36:03 PM
 #954

hold it, or buy it. selling would be a bad thing. it only makes you lose, because bitcoin prices tend to rise. So, it's only natural that bitcoin prices go down, and never panic. because panic just makes you take stupid action.

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October 31, 2017, 06:15:37 PM
 #955

Often times the best thing to do is turn off the news and come back to it in a week. If you are in something with any remote value prices should stabilize well before then and you won't be acting on rash emotions. Sell if you still think it's bad otherwise look forward and re-evaluate why you are in the trade to begin with.
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October 31, 2017, 06:33:42 PM
 #956

If the price goes down the first thing i do is just be patient if you study first before you invest and you bilieve that the team and company can survive at all test then i want to buy more for holding until the price goes up again and if it reach to the limet that i want to sell it for a good profit the i will sell all my coins
Sometimes, it just depends on the news at hand. There are so many times you need to make a quick move than ending up losing so much. Patience has given me what I never expected and it all depends on the coin you are holding too at that point in time.

If a coin is a strong coin like BTC, Dash, ETh, and so on, then you can at least hold them for long and be rest assured that after the bloodbath, you have a chance of recovering and even profiting the more from the ones you buy at dips but not all coins fall in this category.

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November 01, 2017, 05:44:59 PM
 #957

If you want to cut you loss and wait the price to increase, you can swap your coins to Tether (usdt) when you feel bitcoin dumping for long period. It's always fixed in 1$.
When the prices begins to rise again, you re-buy bitcoin or other altcoin with your Tether.
This is one way to trade most of the top cryptocurrencies by trading against USDT which in this case serves as fiat. You can watch the market, look out for breaking of support and then buying at those points and then watching out as it grows. It is just to have a strategy of never losing too much and knowing how you can utilize the market to your maximum profit.

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November 01, 2017, 07:00:35 PM
 #958

BTC and Alt have separate market fluctuations.
Which should be done when the price goes down, I do it the same as the other, that is by holding or buying as much as we can, then selling it as the price is rising, and this also includes one method of short learning.

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November 01, 2017, 07:11:05 PM
 #959

I bought an ARK when it was on the bottom, but the bottom fell deeper Sad
alexsando
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November 01, 2017, 10:35:35 PM
 #960

You have 2 options that is keeping it if you see it will increase again in the next time or sell when you lose no more than 10%. I think 10% is acceptable if your property is reduced. Keep a close eye on your investment project to make the decision.

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