What to do when prices are falling

[jimbo2000]

If you are looking to trade more actively then you can attempt to sell and buy back at a lower entry point but then you run the risk of selling at the bottom. If you can preempt any major crashes or sell early when a crash occurs then great but otherwise it is often not worth the risk as coins rebound very heavily after taking an initial dump, not to mention that long term most coins tend to trend upwards.

[vasrasus]

If you are looking to trade more actively then you can attempt to sell and buy back at a lower entry point but then you run the risk of selling at the bottom. If you can preempt any major crashes or sell early when a crash occurs then great but otherwise it is often not worth the risk as coins rebound very heavily after taking an initial dump, not to mention that long term most coins tend to trend upwards.

If we will do such atyle ,we should make up our decision. Like we should plan before of it and watch the price all day to bring back our conberted amount to btc. Better keep holding on it,it's less hassle.

[Clark05]

If you see the price falling , you can buy because if you dot hat you can buy cheap coin and once those coin increase again you can earn profit. That the strategy of traders. Many people if they see coin decrease they panic selling if you are true trader you did not sell your coins and you buy more coins thats the good you can and you can make a lot of profit in the future.

[ugarpice]

for me if the prices is falling take advantage on it if you have enough money invest more and more while the price is lower because you will benefit from it while holding the coins for a long period of time.

[Dreamchaser21]

Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.

This is the common problem of every traders, they trade with emotion which is not healthy for them simply because it will make them loose money, when you trade you should know when to exit the market. Make your plan well and dont be on panic.

[Cactushrt]

Hodl is the best choice for me. Patience is your worst enemy here bitcoin price is volatile so, I also bought bitcoin for $4000 and i will hold it for 6-7 months

[gotya1]

One Word: HODL

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.

[posi]

Base on the well experienced here in trading, of course you must not panic, stay at your feet then wait and be patience even the price fall deeply it is still in the end it will rises up again.

You're right mate and I totally agree with you becuase that's one of the thing I learnt so far ever since I'm into bitcoin but the dump in price actually happen because of what the Chinese government are doing lately. Hopefully everything will calm there soon.

[rauls]

One Word: HODL

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.

sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01

[melter]

hold and use dca strategy to protect your fund is the best way you can do when in this situation

[ahtremblay]

just one word. hold. when bitcoin price fall from 1000->200 and 700-> 250. many people panic sell and quit trading. Now They must be sad

[Agamemnus]

When prices are falling you can buy in when it starts rising again as that's what Bitcoin always does, or you can just play it safe and hold for the long term sweet gains.

[pinggoki]

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 as you if I notice that most of the coins are at low price, I will buy more of it and wait till its price to rise up again then I'll sell it. However, I only chose those coins that I think has a possibility to increase because in cryptoworld there's a lot of shitcoins are sprouting.

[Zacharyce]

You have to learn to control your emotions at that time, if the price drops you should find out the cause by finding the Slack and Twitter to discuss the altcoin you are investing in and you will decide should sell or not. I usually use this before selling or buying a certain altcoin.

[gotya1]

One Word: HODL

But seriously, if you buy the dip and the HODL until the price is better you will be much better off then if you panic sell.

sometime panic sell work well. example when stellar fall down from 0.05 to 0.035$ I sell all. and now look at str price. only 0.01

And there is a time to sell, but it is never good to sell if your panicking.

[FLoving]

Don't buy too early as the price start falling. See the chart and observe them. as the price started to go up again, then buy them. If you are able to predict the point where it would just go up, that would be great.

In fact you may experience loss when you buy high and sell low. Professional traders advise to buy bitcoins during the dump period i.e. when their prices are very low in the market and sell high during the pump period i.e. when their prices are very high in the market.

[palensya]

When the prices are falling the smile on my face is showing because i can buy coins at a lower cost it is indeed an advantage. I do calm on my current investments and i do not panic because panic can only cause stress to each and everyone of us it can harm our health. Thats why i do not invest in only one coin so that i would not feel my losses that much.

[mrayazgul]

For me, I will just make the decision of holding it since I bought coins in expensive much so I will wait until I reach my quota of investing, like my profit earn even though it takes time because as of now we are experiencing so drop down of btc which we cannot control for it. So I will wait and hold until I get earned.

[Ann Impas]

For me i like to buy more crypto especially when i know if it will gonna drop or gonna rise, it's really the best if you know all the patterns (will take you ahwile because there are so much patterns).

[Enzo 666]

if prices fail more than 30% i start to buy with big amount like if price fail from 3900$ to 3100$ i will start to buy it