What to do when prices are falling

[maokoto]

You can do several things when prices are falling. I have tried all of them, so here is a comment.

-Just hold your coins and expect them to go up again. Usually it works if you have enough patience. Even coins that seem that are doomed can raise again (relaunches, etc.). But sometimes require LOTS of patience. Most times I end up selling before the coin recovers.

-Sell your coins and try to buy them a little lower (2%, 5% or 20% lower). This is somewhat risky as coin can rebound when you sell it. I have done that many times, most times I have cut losses... you can observe the coin in several exchanges and check the history. If everyone is selling non-stop, it will likely go lower.

-Sell your coins and accept loses. Sometimes this is good and you get at least some money back to jump into a coin that is going up.

Cheers.

[masterwakokok7]

Fluctuations are basically part of this industry. Prices will change from time to time, due to its volatility. Holding is quite a plan but not all time it will work. Try to re-evaluate the situations if this fluctuation does this scenario happens from time to time, and do check the past history of the said player. Though there are instances that you setup will not work, so be ready for the worst case scenario. It's better to take a home little than nothing to take. It's not bad to risk but it's not also bad to be sure or secure. Well, the fact that money is involved.

[Yutikas_11920]

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.

Well, volatility is very normal in bitcoin trading. Because bitcoin comes with such uniqueness, for ourselves it is the most profitable thing. Because the bitcoin system in trading is volatility, but it can all easily be guessed so that for us who have a very large capital will surely feel a lot of advantages in it. because indeed most of the bitcoin movement will be higher, because now there are many people who have an interest to use bitcoin and want to be a part in getting profit.

[warwar]

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?).

Mostly now hold and buy more that is the best but.before buying try to do little search from that coin why it is falling and if it is capable of coming back again . Like example now mco is really dumps a lot and try to do a research it would pump later and I could say big so now.its time to hold right now then sellnit later

[phreeksta]

I guess it depends on, what where you invested your money in. If you did in some coin, just because of a promising looking chart, you should really revaluate your investment. If you bought something, because you believe in the tech and the team behind it, is still active. I wouldn't really care about price drops and hold on to it.

[sartorpc]

I usually buy more or hold, never sell when prices are falling unless the coin is dead.

[seattletu]

You should see historical chart. Indeed we just anticipate the cost of long excursions BTC or altcoin. Troublesome yet intriguing, you hold your BTC on the off chance that you would prefer not to lose. The cost can go down rapidly and afterward rise can be quick in light of the fact that nobody to knows.

It depends likewise to what extent you hold bitcoin in the event that you hold long more opportunities to procure huge. Be that as it may, on the off chance that you hold shorterm you can procure close to nothing.

[n0ne]

I usually buy more or hold, never sell when prices are falling unless the coin is dead.

Most of the time when the price falls, people keep hold of the coin and try to buy as much possible. At times when price shows unexpected drop, users tend to sell the coin rather than holding. With bitcoin one needs patience as well a perfect plan, only then cashing out and profit making happens in the right manner without much complications.

[Boov]

I usually buy more or hold, never sell when prices are falling unless the coin is dead.

Agree to this. Mostly of you are a experience trader you are on advantage to it becuase if the price is low it is time to buy a lot of coins because it has a high chance that it will pump again for few months but if you are newbie youll end up selling your coin. As my self i do buy a lot of coin if it drops and wait for several months if it pumps

[mace15]

I usually buy more or hold, never sell when prices are falling unless the coin is dead.

Agree to this. Mostly of you are a experience trader you are on advantage to it becuase if the price is low it is time to buy a lot of coins because it has a high chance that it will pump again for few months but if you are newbie youll end up selling your coin. As my self i do buy a lot of coin if it drops and wait for several months if it pumps

When the prices are falling the right move is to buy coins at a low price. Because if panic will comes you will suffer much of loses. I agree, hodling is the best choice just to earn huge profit in the long run.

[Watashi Yamashita]

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?).

Why not to divide your portfolio into 2?
You may try to divide it equally with alts and bitcoin so you have a resserve funds and you may able to short once you desire.

[ahmia39]

Do what you believe. Accept the outcome of your decision. Holding btc and eth is my main option in cryptoworld, while other altcoin i use as a material to search growth for bitcoin that i have. I chose ETH that has really been tested to hold. Because, i am never dare for speculate to high risk.

[w0mp]

As a crypto OG I will let you in on a secret.  All these coins have cycles.  It took me a bit to figure it out but theres one rule to winning and its very simple.  


DO NOT SELL AT A LOSS

Just don't.  Unless you desperately need the BTC to sell for fiat, just hold.  I can't even count how many times I got burned in my early days by panic selling.  You are playing to exactly what they want you to do.  Imagine crypto as one gigantic manipulated game.  We are just mere pawns to some of the whales, but if you have some patience and an iron hand, it usually works out.  In fact I can't think of one coin that I would NOT have made money by holding.  XRP, LSK, CLOAK just to name a few.  

Think of it like this.  Whales usually have large stacks that they got super cheap (or free).  They dump the price waaaayyyyy down to get Ol' Johnny Boy (you) to think their investment is lost and they better cut their losses and get back what they can.  WRONG!  You should be buying small amounts all the way down.  Eventually, it WILL go up as long as the coin has an active dev team and at least some community interest.  

If my average price is high and I can afford it, I will usually buy the dips.  Small amounts all the way down.  Lower that average entry price.  Then HODL.

I have a Google spreadsheet I make with all my buys on it so I can see my average price.  Then I have it auto query the current price from an exchange.  This way I can keep track of my P/L across multiple coins and exchanges in one sheet.

2nd big rule is diversify your bonds nucka.  Don't put everything in one basket.  You WILL lose on some coins (temporarily) but win on some.  It helps you see an overall picture of your P/L and give you more faith to hold through some losses.

Hope that helps a little!

[gabmen]

Hold and buy. Never ever sell while there's a dump ongoing. Panicking will make you lose profit and even make yoy below youe capital. If you've invested, especially in btc, wait for rhe dump to finish or better yet, grab the chance to buy at a lower price.

[flower1024]

Hold and buy. Never ever sell while there's a dump ongoing. Panicking will make you lose profit and even make yoy below youe capital. If you've invested, especially in btc, wait for rhe dump to finish or better yet, grab the chance to buy at a lower price.

Yes when the price falling doesn't get panic and try to buy some more coins. Becasue it is the good time to buy coins for a low price. Specially bitcoins now we will not get a chance to buy bitcoins for a low price. So when it drops better buy how much you can. In future, you can make a good profit. Panic selling will give only loss so never sell your coins for loss.

[jagdeepjd]

when the prices go down accumulate more of those coins at the dip it will avearge out your folio and you will be in almost neutral position.

[Ekanenf]

Hold and buy. Never ever sell while there's a dump ongoing. Panicking will make you lose profit and even make yoy below youe capital. If you've invested, especially in btc, wait for rhe dump to finish or better yet, grab the chance to buy at a lower price.

Agreed, never sell once there's a dump happening rather that the time where you buy coins and sell once you see an opening where you felt that the price went too high where a certain coin goes a dump after that.
Another thing, don't try to sell your altcoins when bitcoin is on dump because most altcoins goes into dump too when bitcoin does.

[ctyong]

Buy low and sell high. When the price fell, it is a great time to buy more to add some percentage to your portfolio and of course you did your research before you buying more.

[stomachgrowls]

Hold and buy. Never ever sell while there's a dump ongoing. Panicking will make you lose profit and even make yoy below youe capital. If you've invested, especially in btc, wait for rhe dump to finish or better yet, grab the chance to buy at a lower price.

Agreed, never sell once there's a dump happening rather that the time where you buy coins and sell once you see an opening where you felt that the price went too high where a certain coin goes a dump after that.
Another thing, don't try to sell your altcoins when bitcoin is on dump because most altcoins goes into dump too when bitcoin does.

This kind of ways is somehow risky specially on altcoin because you wont know if the coin would still able to pump or not.As a trader this is really a risky thing unless if you are engaging on famous strong coins in the market then its should be fine on buying on dips but on new coins then it would be risky on buying more on dips. Sometimes bitcoin and alts are correlated to their prices.

[Taskford]

When the price of bitcoin is falling the just buy more bitcoin so you can have more amount of bitcoin for your own purposes like capital for trading and also if you want to get more cheaper bitcoin then you can grab those cheaper rate from the falling price to get what you want.