What to do when prices are falling

[goldade]

Thanks for all of your answers, helped me very much.
I just mentioned that i've been checking prices constantly. Also i've heard that setting up stop loses in crypto is a bad idea bc the market is too volatile. Let's say I don't plan to check prices for a few days, is this a good plan to put a conditional sell order? (for alts I mean)  

This is the best decision so far if someone put a lot of money into bitcoin and a little compromise could mean a loss of money and keeping your mind off the direction of things is the way to go then come back and see how the market is doing. Although, its a hard thing to do, but its still the best option as at now.

[Oo ako to]

When price falls traders tend to buy more. I often see comments that says " buy when there's blood on the streets". It means that buy when its very low.

[arpon11]

You only make money when you buy low and sell high. When Bitcoin prices is high and altcoins price are low the best trading secret to use is to buy altcoins with your Bitcoin and vice vers.  Always buy the coin that is falling and sell the coin that is pumping. Never allow yourself to be cut in between.

[PizzaBTC]

I think the best thing to do is to buy some and hope for its price to pump up,
If you already have some just hold it and wait for your aiming price.

This is what I do usually when my coins are having bad time. There is no need to get panicked because we all are well aware of the volatile nature of the digital coins. Just let your coins hibernate in your wallets when the prices are dumping and take them out when you see values in the green part of the graph

[Lumada]

I think the best thing to do is to buy some and hope for its price to pump up,
If you already have some just hold it and wait for your aiming price.

This is what I do usually when my coins are having bad time. There is no need to get panicked because we all are well aware of the volatile nature of the digital coins. Just let your coins hibernate in your wallets when the prices are dumping and take them out when you see values in the green part of the graph

that's the volatility of btc, we should be aware that the dump and pump of btc is normal in the btc market , it can be a great help when we got a lot of savings and we are aware that when it pump , we can grab the opportunity.

[novaprime]

I think you should keep calm when the price drops because all altcoin is always down and always increasing, this happens normally in the cryptoucurrency market but if you can control your emotions at that moment then surely You will always buy low, sell high.

[imyashir]

if you think dropping the altcoin and the bitcoin will increase your sales price that you hold altcoin in the bitcoin market. just hold until reach the high price of bitcoin then sell ur bitcoin to usd .. u have that profit then wait the price of bitcoin til dropping price. then rebuy back again to original ur hold of altcoin but u need to analyze when u enter the market for lesser a losses if fail again...

[devrawal93]

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?).

HOLD , i will try to explain you in detail.First of all dont try to compare and study Altcoin and Bitcoin, if you ask me nowadays they both dont have that much amount of colinearity. dont think that they both are inversely proportion to each other, past few weeks i have observe that bitcoin is doing good but altcoin is struggling that's a bad sign for pattern traders or trader who do pair trading.

coming to next point what should you do when prices are falling. first identified why the prices are falling.I mean to say identify whether it is reversal or pullback. if it is a short term pullback in trend then you can hold your longs but you cant short there.  And if it is reversal then you need to book your longs profit and also you can short here.

So how to identify whether it is a Reversal or Pullback.Simple first try to predict whether the fall is forming heavy and strong candles which indicates reversal or whether it is forming  small and weak candles which indicates signs of pullback.Also add volume indicator for confirming the reversal or pullback. Pullbacks will have low volume while reversal's will have big and strong volume behind the candles.
hope it help  

[fredo123]

When prices are falling, Mostly investors took advantage to purchase as much as they can, Since they positively think that in return they could earn more profit when it rise back.. The concept of being volatility found in bitcoin are surprising to investors who are looking forward to earn high profit on a short span of time. How i wish to have a capital to be part of investing btc.  It might be my chance to soar high someday.

[posi]

Just wanted to let folks know that website is working normally now.

Thank you for this, my Wife reported to me today that she managed to log in to her account and everything is working fine now. It is one of her favorite investments and I will give her a little of my wages to purchase more TAAS as she believes this is a good long term passive income producer and earner.

I'm captivated with this your message and I'm happy to see a family who are into cryptocurrency cause if we'll all believe in cryptocurrency almost every coin will bullish.

[omonuyak]

When price are falling the best thing to do is buy the coins that are falling and sell the coin that is pumping. When bitcoin raise from $3500 to $4500 which may signal are pumping market and ethereum fell from $400 to $250 which signal a bear market, what you need to do is to flap your bitcoin for ethereum and if it is ethereum you do the same thing. This is the process the professional are following to make profit.

[xenxen]

what i do if price is falling? maybe im gonna buy more bitcoin because i believe that someday or other months  that is pump again and maybe it can double.

[swissguy]

Many newbie Investor who holds Bitcoin will be panic in few $$ price fall and thats not a good habit . We saw huge drastic changes in prices of bitcoin so we need to get ready for losses too because we are expecting a huge hike also. If you hold btc in your hand then you must need to learn that dont panic for some losses otherwise you will loose the opportunity to earn something .

Always try to hold bitcoins even for few drops because there is a high probability that bitcoin will rise again surely and thats the perfect moment which we need .

[ankylotic]

When price falls traders tend to buy more. I often see comments that says " buy when there's blood on the streets". It means that buy when its very low.

yeah every one do this when price falls. i think it is the best time to invest as much as you can to get profit in the future. we have seen the price comes so, down before 3 days because of the ban on ICO by china and i think this affect the price of all the crypto market and i have also fills my bags on this oppertunity.

[webdevmastery]

I think you should keep calm when the price drops because all altcoin is always down and always increasing, this happens normally in the cryptoucurrency market but if you can control your emotions at that moment then surely You will always buy low, sell high.

Dropping of price in the market is normal because that's how marketing works it all depends on the supply and demand. There's a lot of different comments from the experienced traders that i already read and before they invest into a certain coin, Good analysis will be a really big help to anticipate the future of the coin. If you are having hard time dealing with the price-drop of your coin then just read a good news about your coin and think positively, Wait till your coin's price increase again.

[cryptothreads]

I think dividing the capital is very important because if the price goes down we will have the reserve capital to invest in that altcoin, if it increases surely we will have small profit or a little loss. I usually use this way at times of sharp drop in prices.

[NetFreak199]

what i do if price is falling? maybe im gonna buy more bitcoin because i believe that someday or other months  that is pump again and maybe it can double.

Yes that is what some do when it fall but not all the time i think it depends on how much falling happens. It always depends on that coin not all can buy when it falls.

[Armstand]

I think dividing the capital is very important because if the price goes down we will have the reserve capital to invest in that altcoin, if it increases surely we will have small profit or a little loss. I usually use this way at times of sharp drop in prices.

When price drops the key is not to panic. Especially if you trust that coin enough,if it's still on development process and know that the project will be realy successful once it's launch. Sometimes it depends on the project objectives and use if that coin have a future. When it falls it doesn't mean it will not rise. Some will continue to vet dip but more coins worth holding still for future.

[Ponylon]

you can "short" your position.. "shorting" is the opposite of "long"

When you are long, such as in your case, you are profiting by a price increase

When you are short, when prices fall as you mentioned, you are profiting by a price decrease

Something else you can do is what we call "hedging"

Buy some shares, or fiat currencies which are not affected by cryptocurrency prices increase/decrease

[mharz]

I think dividing the capital is very important because if the price goes down we will have the reserve capital to invest in that altcoin, if it increases surely we will have small profit or a little loss. I usually use this way at times of sharp drop in prices.

When price drops the key is not to panic. Especially if you trust that coin enough,if it's still on development process and know that the project will be realy successful once it's launch. Sometimes it depends on the project objectives and use if that coin have a future. When it falls it doesn't mean it will not rise. Some will continue to vet dip but more coins worth holding still for future.

When bitcoin price fall down, we don't need to panic because I'm sure that it is part of the bitcoin strategy to encourage people to invest in their wallet. Moreover, I believe that when bitcoin declined there's another opportunity opened to everyone. But we need to found it to success for in our life.