South Park
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October 05, 2017, 09:47:10 PM |
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When the prices do fall I tend not to panic and cash in my bitcoins instead I buy a lot and HODL hard. I do check the market from time to time to assess whether it's a good thing to hold or not.
When it comes to bitcoin I do not worry, I do not check the prices that much anymore since I know that the price will eventually go back to normal after some time, it does not matter if it takes weeks or months but when it comes to altcoins I keep a very close watch on them and decided if I keep them or sell them.
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rayneh
Sr. Member
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Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
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October 05, 2017, 09:56:03 PM |
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prices are falling. Keep calm and watch the news. If you are not calm. You will lose a lot of your money. It is best to wait for the price up and you will be profitable. I do not know how long it will take, but I still believe in it. will increase the price
I would do something slightly changed. I will hold half of them and then use other for trading. And will try to make them double. Will stay in touch with news and if the price seems to raise then I will sell the holding bitcoin and then will use the other bitcoin.
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adzino
Copper Member
Hero Member
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www.Crypto.Games: Multiple coins, multiple games
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October 05, 2017, 10:23:55 PM |
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For me i do is just sell it when i know it will dump more and if i know it will just dump small and will pump a big amount i will hold and later i will sell
If you know that it will be a quick short dump and then the price will start to recover, then you should take advantage of it. Follow the classical rule. Sell when the dumping is about to start. When the price reaches its bottom, start buying with the money you got from selling your previous coins. Again when the price reaches its top level start selling and make an exit with your profit.
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Ratters
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October 05, 2017, 11:35:22 PM |
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Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.
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knightmairesaint
Sr. Member
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Merit: 262
privacy preserving smart contracts and beyond
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October 06, 2017, 06:36:00 PM |
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Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.
Yeah we should not panic if a sudden increase or decrease had happen. Fluctuation of crypto currencies prices are normal here in trading and if we are going to be affected easily we will not be able to think smart and might trade at a very wrong time and with very low profit. Staying calm and having a clear head will be helpful at this kind of situations.
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syberwolfen
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October 06, 2017, 08:01:09 PM |
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Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.
Yeah we should not panic if a sudden increase or decrease had happen. Fluctuation of crypto currencies prices are normal here in trading and if we are going to be affected easily we will not be able to think smart and might trade at a very wrong time and with very low profit. Staying calm and having a clear head will be helpful at this kind of situations. Yes we should not panic let it be an increase or decrease in he value we should not panic if it is an increase then good for us and if it is a decrease then we can utilize it to best of our interest by buying more bitcoins when the value is less as we have seen whenever price dips in couple of months it will increase again so rather than selling when the price falls we need to buy bitcoin and store it for future.
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South Park
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October 06, 2017, 09:56:00 PM |
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The prices are dependent upon current market situation.There are two best things that one could do when the price of coins are falling.Hold the coins so that you don't suffer from any losses.Buy more coins to make good profit when the price recovers.
Yes, I also have the same opinion with you. Altcoins and Bitcoin are all digital electronic currencies, which are traded very frequently, so it is normal to see fluctuation in price fluctuations. If the price drops, the first thing we need to do is to stay calm, do not panic sell everything else or we will loss more. Be calm and see how the next situation. And as you said, if you can afford it, buy more coins because if it raises, you will have a lot of profit. Of course there are good altcoin options, potential growth and value added in the future if the prices of bitcoins are falling then it is blessing for you because because the falling of prices will be temperory so it will be advantage for you to buy more and more bitcoins then you will see the prices going higher so you will be rich in leaps and bounds. Exactly, people panic when bitcoin goes down but most of the time that is good news for me, invest some money at that point that way you are going to get profits when the price goes up, you can decide whether to keep that bitcoin or to sell and get more fiat while you leave the rest of your bitcoin investment intact.
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jets567
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October 07, 2017, 01:37:45 AM |
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Just hold and wait for the Rise, Never Panic coz it's normal not only in BTC but all for the coins out there. If you have an extra fund, if the market is in dip then buy more. If you really believe in something that you invest in then you will not be bothered to go for more. Life's a gamble remember it day by day.
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PETES
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October 07, 2017, 01:54:53 AM |
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When price is falling the market is in bloodbath and it means it's a red day sale of cryptos so grab the opportunity and buy, well I hope you have funds when it happens. Then after you bought, just HODL it and wait. Just grab some popcorn then sit back and relax.s
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vandvl
Member
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Merit: 10
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October 07, 2017, 03:04:38 AM |
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if you feel your altcoin you hold is falling down is better to sell imadiately to bitcoin..because bitcoin when his falling down iknow he can falling up immediately and wiat for my altcoin pump exchange again...
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chocolah29
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October 07, 2017, 03:07:19 AM |
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Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.
It's a sure thing buddy. As fluctuation is always usual in a currency so nothing to worry about. Worry if you sell when this things happen because you definitely missed some part of your life. So don't do something stupid, hold and wait for the uptrend.
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mharz
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October 07, 2017, 04:47:53 AM |
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Don't panic first of all. It can be the correction but not the changing of the trend. And use stop loss in your trading.
It's a sure thing buddy. As fluctuation is always usual in a currency so nothing to worry about. Worry if you sell when this things happen because you definitely missed some part of your life. So don't do something stupid, hold and wait for the uptrend. When bitcoin price fall down all we need to do is to sell it immediately, because if we can't do it there's a possibility that this are leads of loses to the owner part. However if you truly love and trusted the bitcoin just hold it for long run of time because there's a possibility that in the future their value is raising up. but in my opinion when bitcoin is fall down its better to invest and wait the right time before sell it, to sure that they were earn profit.
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Burks
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October 07, 2017, 06:09:05 AM |
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For me i would just stay calm but if the volume is not that good and it is dumping so much i would probably sell it but if the dump is just quick and it goes higher i would sell there.
When the prices are falling dont panic it is just a little dump,if the price is goes down soon it will regain from its fall.Because we all knkws that the bitcoin price is constantly increasing from the date of its launch.Even if value goes down also soon it recovers from it as per the history of bitcoin.Never sell at the time of price down of you do then you will have to lose your investment.
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justme83
Newbie
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October 07, 2017, 08:00:44 AM |
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i think the best thing to do. dont panic. hold on to your coins. drink a cup of coffee. and read the related news why this coin is dropping. after that its a good time to decide whether to sell of hold on to your coins.
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Kava
Sr. Member
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Activity: 448
Merit: 250
https://saturn.black
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October 07, 2017, 08:49:46 AM |
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If the price falls, then I buy coins at a cheap price or I hold those already that I have to get a good profit after the price increases. I think every experienced investor does that.
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FLoving
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October 07, 2017, 01:51:18 PM |
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Yes it is terrible, if all odal are stored there. there is no hope other than holding it for some time until there is certainty the price will rise again. Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss.
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AngelSky
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October 07, 2017, 02:48:55 PM |
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Yes it is terrible, if all odal are stored there. there is no hope other than holding it for some time until there is certainty the price will rise again. Holding the bitcoin for some time is actually a very good approach and that too at the time when the prices are falling down. There is no need of getting panic at that time and making for some foolish decision, in fact you need to control your nerves and hold your bitcoins in order to have a good profit. Otherwise, you will suffer a huge loss. Avoid the panic selling and all.Try to sell only you need of money or else keep shut.Only if the price of bitcoin is increased means,you can continue the selling.At that time only you will get the profit .Or else entire thing is waste.If the price of bitcoin is move towards low value,try to buy lot of bitcoin at very low cost and sell it wisely.
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katiecbell
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October 07, 2017, 02:51:44 PM |
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Just relax, prices always fluctuate anytime. A holder is less concerned with weaknesses that occur in bitcoin, because what they see is next few years and not the current one. Investing always gets nice profit from holding patience.
In the world of crypto coins, the downfall is not something unusual or new. Everyone knows that the prices fluctuate in unexpected way due to many reasons. The factors that affect the prices cannot be controlled by anyone but after dusk, there is a dawn and nothing lasts forever. When prices recover, they always surpass the previous peaks therefore, it is better to hold during dip.
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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October 07, 2017, 03:50:29 PM |
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Just do not panic sell. Research before making any action, check for active developments and active developers working for the altcoins.
Patience is the key to success in crypto-currencies world (just like in real world as well).
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