Dart315
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 122
Merit: 12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 05:27:43 PM |
|
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!
Thank you, I wish I read it in my early days. Solid post.
|
|
|
|
TheGodFather
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 06:11:31 PM |
|
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.
just keep on hoping and prayin, it is happen regularly but just have on bitcoin , it will never goes down to its last yrs price, it will never be, just have faith in God and anything is possible just pray for it and it works, just hold your coins and dont be panic, better to manage you emotions too because it can affects you.
|
|
|
|
Bagaji
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 07:48:49 PM |
|
If you have some bitcoin and other altcoin what you should do when their market value is declining is to hold pending when it's value appreciate before you sell. And if you have some money at that point of down turn is the best time to buy more of the coins that has growth potential like bitcoin and hold there value appreciate again.
|
|
|
|
chickenado
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 07:59:30 PM |
|
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.
How could that be possible? Well,for me if bitcoin prices is falling ,I would rather continu and hold my bitcoins for the mean time and if it gets back to its normal price that's the time I'm going to trade my bitcoin. It is only a matter of strategy so that I can hi on with the faling and rising ofthe price itself. Maybe in that case it would help many of us.
|
|
|
|
nightrider
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 08:00:33 PM |
|
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.
You are right, however, that it is theoretically true, in fact, that everything does not follow any rule, no one can predict anything. But it is also fair for everyone.
|
|
|
|
BitMaxz
Legendary
Offline
Activity: 3360
Merit: 3094
BTC price road to $80k
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 08:12:05 PM |
|
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.
You are right, however, that it is theoretically true, in fact, that everything does not follow any rule, no one can predict anything. But it is also fair for everyone. He got the point but if you already made a profit when the price is high and before the price become more low better to sell it and save the profit and buy bitcoins if the price reach in low price that is why there is panic selling and those who are lucky are those who are sold their bitcoin before the big price drop but if you bitcoin is still not getting profit better to hold them instead buy more bitcoin if the price is really cheap.. Bitcoin is unpredictable and the movement of the price right now is different from the past years we are experience of more price increase due to high trends and demand.. so if there is a chance of price drop just buy and hold wait for a good time to sell or sell it if you already make profit just few percentage of all your bitcoin don't sell them all because sometimes there are times that the price can be increase more so just few is enough and save profit..
|
|
|
|
Peterson60
Newbie
Offline
Activity: 37
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2017, 08:25:50 PM |
|
If prices of cryptocurrencies in which I have invested are dropping, I usually pray. No kidding. I have invested into them because I believe in their long term growth, so I try not to concern myself too much if they go a little bit down.
|
|
|
|
Falgorn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 12:21:43 AM |
|
Weird question. When the prices for individual coins are falling and they are not caused by the vulnerability of this coin or by other objective reasons, but are a consequence of its usual volatility, you need to buy it by investing your own free funds. This is especially true of the leaders of the crypto currency of bitcoin and the etherium, as well as old proven coins.
|
|
|
|
ardyology
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 12:34:37 AM |
|
I'm interested in some ideas about what to do when prices are falling.
There are 2 clear directions when the prices are falling. 1. Sell. a. If you are not a day trader and did panic sell, you better leave this since it's not for you. Cryptos fluctuate a lot and your health is more important than some extra bucks. b. If you are a day trader (wannabe) then you had your eyes on it and sold quick minimizing the loss; and you obviously buy back when it start rising again. Be very careful with this because you can easily end up selling cheap and buying when it's expensive. 2. Hodl. If you trust the crypto you bought, then you trust it will have more success, you trust it'll grow even more. The hold it until it make you rich (or you believe it reached the maximum success it could). Even buy more if you afford (but never invest more than you afford to lose). Very well said! But I usually HODL, I love it when people start panicking. As the opportunist Little Finger once said "CHAOS IS A LADDER", I always look for that eureka moment despite the herding. I always believe that only a dead fish flows with the river.
|
|
|
|
TitanGEL
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 12:56:53 AM |
|
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, just wait and do not do anything. Holding is very effective way to earn more money. Hold your coins until the price of it goes so high and that is the right time to sell it.
|
|
|
|
Fafabol
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 267
Merit: 11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 01:20:02 AM |
|
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, just wait and do not do anything. Holding is very effective way to earn more money. Hold your coins until the price of it goes so high and that is the right time to sell it. HODLing is real so better not to touch it when the price crashes. The big whales are playing so better just play with them hide and seek. Don't panic sell as the cycle always repeat itself. When the price have some dips surey thing there's a pump next to him. You can also buy potential coins when price crashes, when the exchange is red it mean a sale day to all of us.
|
|
|
|
tristan1960
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 01:20:30 AM |
|
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 you're familiar with bitcoin for two years, you already know bitcoin will pay you once you wait enough. If you bought for $4600, you'll just wait for the next ATH of bitcoin. This doesn't take too much time. Selling it risky now. It can go up instantly.
|
|
|
|
skyline247
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 01:41:14 AM |
|
When prices are falling you either hold or buy. You should sell if the price is still near the peak and then buy at the bottom of the low, to make the biggest profit.
|
|
|
|
herurist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 02:33:27 AM |
|
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?).
The best you can do is analyze again before making a decision, do that before you take the wrong choice. We all know the price has their own moving and sometimes make us " panic ". When the price become low, see your strategy and buy ( not sell ), I believe your strategy has buy and sell area, but if doesn't it means you're in the big problem. If the price not reach buy/ sell area than hold it, don't forget to manage the money wisely. Have a nice day.
|
|
|
|
entrepmind23
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 02:52:10 AM |
|
When prices are falling you either hold or buy. You should sell if the price is still near the peak and then buy at the bottom of the low, to make the biggest profit.
If the prices are falling, you have three choices, buy more, hold or sell at a loss. The advise from others is to not go all-in so if you still have some funds left then you can buy more so that your price will average down and then hold till it goes back up again. If you don't have funds left then you can hold and wait for the price to reach your target profit which may take a long time but then again its important to have patience in trading. If you believe in the coin and their projects materialize in the future then it would surely go back up but if you bought a sh*tcoin and believe that it has no real purpose then you can sell at a loss or wait for others to pump the coin which may or may not happen. Regarding OPs question of shorting, I am also interested in knowing how to profit from it so if anyone knows, please post your ideas. Thanks.
|
|
|
|
Valzzz005
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 03:37:59 AM |
|
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?).
Probably do not sell it because if you sell it for a lower price you will just lose the possible profit you really deserve. I advice that you just hold it for a long time until they will recover for the fall that they had. They will always pump if your coins are not shit coins probably have those coin whom you think have the potential to grow because you will not have a lot of profits if you invested in those kind of coins. Just think wisely and do not panic if the price falls.
|
|
|
|
Mahanton
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 03:47:28 AM |
|
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.
How could that be possible? Well,for me if bitcoin prices is falling ,I would rather continu and hold my bitcoins for the mean time and if it gets back to its normal price that's the time I'm going to trade my bitcoin. It is only a matter of strategy so that I can hi on with the faling and rising ofthe price itself. Maybe in that case it would help many of us. Its just really a basic thing to do as a trader on which you would normally hold up your bitcoin if the price is falling.Panic would really be felt on these times but we should not really get affected to it.Instead of panic selling better to treat this price dip as a golden opportunity to buy more coins and add up the potential profits later on when the price is already recovering up.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
rikybrosh
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 03:58:34 AM |
|
There are two things to do, buy bitcoin or do cut lost to buy bitcoin in the lower price. This strategy is so simple but if we do it right we will get a lot of profit.
|
|
|
|
poetra2501
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 04:16:49 AM |
|
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, just wait and do not do anything. Holding is very effective way to earn more money. Hold your coins until the price of it goes so high and that is the right time to sell it. The mistakes are often made by traders is that they panicked when the price is down so they chose to cutloss rather than Hold. I suggest if the price is down, keep calm and don't be panic.
|
|
|
|
pawanjain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2017, 04:20:05 AM |
|
There are two best things that one could do when the price of coins are falling. 1. Buy more coins to make good profit when the price recovers 2. Hold the coins so that you don't suffer from any losses We should not panic in these king of situations. We must know that trades go like waves. It keeps on increasing and decreasing. If we don't have any money to buy more coins then the best option would be to hold the coins as they say never sell at a loss.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
|