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Author Topic: What to do when prices are falling  (Read 45724 times)
pikebu
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October 12, 2017, 01:15:08 PM
 #721

In my personal strategy of trading I do stop lost if the trend of price down for long term, stop lost or cut lost is like step on the brake while driving, it will help us from more severe accidents, but if the price is down trend just for testing the markets usually I hold the position of trading because it is just corrections of price, the finally everything depending on the strategy of trading what will be done when the prices are falling.

before cut lost, I usually try to back up with buying it when prices are lower. then when the price increases at least we didn't lose more, could even recover.
But if prices continue to decline, there is no other choice to hold. because in long-term it sure the price can be recover.

Our point is apply rules of cut lost in trading, the technic about it based on the rules of trading every traders has different methods are like how much they be ready to lost of money because doing cut lost and when they doing cut lost and other aspects. The most important is in trading if we have made wrong position or wrong prediction, we must be ready to stop losing because of it, except if we want to be an investors for long term and we won't to be a traders.
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October 12, 2017, 02:34:37 PM
 #722

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).
setting up limits and always take your profits, stop loss is always important so even the value is falling you can still get some advantage if you understand how trading works, just keep yourself organized so even its on the downside you still have the advantage. trading business is for those who understand and knows when to keep and when to let go.

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October 12, 2017, 02:42:13 PM
 #723

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).
Yeah the best thing to do when find that the prices falling is buy lot of them of it because this is opportunity to acquire lot of BTC and hold it until such time that the amount will almost double, or just hold just like a treasure, because for sure you will just find how rich you are when the time come that BTC price will soar high in the future.

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October 12, 2017, 03:10:27 PM
 #724

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).
Your advice is good! But what will you do when it continues falling about 6 months or 1 year and other coins are raising up? I think that you should hold it on max 3 months. After that selling and buying other coins.

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October 12, 2017, 03:20:46 PM
 #725

If you believe the price will be lower, you can sell it ,and then buy it in a lower price. However if you believe the price will be higher after a while ,just hold it. The most important thing is make good research of the alts before you buy, do not buy trash alts.
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October 12, 2017, 03:30:25 PM
 #726

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).
setting up limits and always take your profits, stop loss is always important so even the value is falling you can still get some advantage if you understand how trading works, just keep yourself organized so even its on the downside you still have the advantage. trading business is for those who understand and knows when to keep and when to let go.
Create a stop-loss position is good, but you must to know the cryptocurrency markets has not the volatility like other markets as your knowledge. The volatility of the cryptocurrency market always strong and happens faster than other markets, it can changes the value of a crypto ~ thousand percent is possible, even Bitcoin is the cryptocurrency has total market cap biggest still can change 10-20 percent in few hours Grin
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October 12, 2017, 03:39:54 PM
 #727

Many will just sell if it will dump but actually some predict after all the breakdown it will jump back to it's price or even overcome it's price which can happen (not all coins has a possibility).
When bitcoin price is falling that's the best time to buy bitcoin because as what you've said it can jump back to its price or even overcome its price. That is possible because it already happens since the last hard fork happen. So, I suggest if we can have bitcoin already as of today, don't sell it immediately. Still wait and think of the future price of bitcoin.



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October 12, 2017, 04:12:47 PM
 #728

I'll buy bitcoin and hold it till. it rise again. and maybe i would watch altcoins price. i do have an intrested in altcoin. its seems its develop so much now.

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October 12, 2017, 09:45:05 PM
 #729

Currently, I recommend that you sell all altcoin to BTC and limit trade at this time because there will definitely be a terrible sale on the 25th day and everyone will be in the fire. Hold BTC is the safest way at this time
Who knows, for example right now prices are also low for amost all altcoins, so maybe it is even better to hold alts at the moment, rather than bitcoin, because price of bitcoin will drop after fork will be done Smiley Mostly the same thing will happen as with Bitcoin fork in August.
Maybe you meant before the fork? Because bitcoin went up after the fork bitcoin was at 2700 the day of the fork and after that it has almost double its price so I think we are going to get the same reaction after these two forks, however I agree that is becoming crystal clear that getting alts at the moment can be a really good choice.



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October 13, 2017, 12:08:51 AM
 #730

I mean when prices are falling you hold and even buy more. Time is showing that this market has it ups and downs. But the ups are always reach new highs.

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October 13, 2017, 03:42:46 AM
 #731

If you believe the price will be lower, you can sell it ,and then buy it in a lower price. However if you believe the price will be higher after a while ,just hold it. The most important thing is make good research of the alts before you buy, do not buy trash alts.
it is not a game of believes it is game of graph reading and situations under which bitcoin price will affected, so try not to believe just use our knowledge and experience to predict the prices and then take decisions..
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October 13, 2017, 06:44:52 AM
 #732

Currently, I recommend that you sell all altcoin to BTC and limit trade at this time because there will definitely be a terrible sale on the 25th day and everyone will be in the fire. Hold BTC is the safest way at this time
I do not think that it will be a good decision to sell your bitcoin, because in near we can expect that the price of bitcoin is going to cross 8000$, therefore holding bitcoin will be a good decision.
Selling bitcoin should even be the last option in anybody's mind right now as that is a very bad decision anyone would make. Asides the free coin from the forks, the value is really getting pumped from the dumping of the altcoins and except for someone who is just happy to always loose, it is an insane to do.
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October 13, 2017, 08:18:47 AM
 #733

uninstall your blockfolio or any price tracking app to avoid impulse selling. You can also do cost averaging - buying more from the dips. If you bought 1 BTC of eth for .06 BTC and it fell down to .03 BTC per piece, but 2 BTC's more and you will lower down your purchase price by half. Keep doing that until you level out to a buy price that can be profitable/no loss so you can get out anytime if you want.  Cool

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October 13, 2017, 08:46:18 AM
 #734

What to do when prices of altcoins are falling now?
Counting time to sell Bitcoin to buy altcoins.
Not sure time to buy.
Altcoins are very very cheap now
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October 13, 2017, 10:39:01 AM
 #735

What to do when prices of altcoins are falling now?
Counting time to sell Bitcoin to buy altcoins.
Not sure time to buy.
Altcoins are very very cheap now
You may sell and do a cut loss or just be a bag holder of that coins. 
In cheap altcoins there are too many that are being dump now and you may take this chance if you have a good research based and skills to trade it when it pumps.

       
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October 13, 2017, 10:47:28 AM
 #736

I mean when prices are falling you hold and even buy more. Time is showing that this market has it ups and downs. But the ups are always reach new highs.

Pretty much, when prices are low and falling generally is when you want to buy, as long as you believe that the price will recover again in the future.

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October 13, 2017, 11:36:18 AM
 #737

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).
Your advice is good! But what will you do when it continues falling about 6 months or 1 year and other coins are raising up? I think that you should hold it on max 3 months. After that selling and buying other coins.
That haven’t happened yet but you can’t sure that it will not happen. For sure, holding is best option and when you are not getting the price charts going up, and you definitely get panic then surely you just wait for a specific time and after that just sell your bitcoin according to price. But make sure your panic hold for long time and you take a better decision.
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October 13, 2017, 11:53:46 AM
 #738

To my view point if the bitcoin price falls it is good to buy more and invest for more betterment and wait for a hike, falling price can be taken as a positive one.I don't believe that the price will  decrease too low in this present digital world , we can wait and see what happens next.

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October 13, 2017, 12:40:00 PM
 #739

Hold tight and wait for it going up again.
fasdorcas
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October 13, 2017, 02:07:14 PM
 #740

If you know that you got good coins then you should buy more when others are selling and wait for correct time to sell.
Just right on point! Only those holding shitty coins always end up getting scared as the shitty coin keeps getting dragged down.

That is why you just need to trust your portfolio and believe that no matter what, it is just going to bounce back. And even dips like what we are having presently is always the best moment to buy and get a huge profit once they get back on track.
There is only one thing which can help you from not suffering a loss at the time when the prices are falling down and that is your patience of holding your bitcoins. Holding is the best thing under those circumstances. Moreover, buying of more bitcoins at the time when the price is down is another good option. This way you can increase the number of bitcoins you own.
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