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Author Topic: What to do when prices are falling  (Read 42573 times)
BitcoinsGreat
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October 20, 2017, 01:02:28 AM
 #781

Think fast.  You need to be able to figure quickly why it is falling and is it going to come back.  BTC drops based on this and that rumor sets and always comes back, is this true for the coin you have now that is dropping?  The thing that some people forget is that they have already made money on a coin, not always true, but often forgotten.  They buy a coin, do this and that and make a tidy bit of profit as it rises, then freak out and make this and that guess as it drops.

If you bought in at 1 Sat, it is now 800 Sat and dropping, make the sale and sit back and enjoy.  You have done a good job at this trade and if it hits 1000 Sat the next day, who cares, you made a 800x return and did just fine. Need to be vigilant with decision making and always make the right choice of when to buy and when to sell.

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October 20, 2017, 01:17:01 AM
 #782

When the price is falling I'm always checking the price everyhour if it will be a big dump or not . if its decrease over $500 im selling my bitcoin so fast so when the price reach its lowest point im gonna buy again so i can make another profit in the future. that's a basic trading but always work. don't buy bitcoin at high price wait for the dump and then buy as much as you can then sell it on a high price.

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October 20, 2017, 01:36:18 AM
 #783

When the price is falling I'm always checking the price everyhour if it will be a big dump or not . if its decrease over $500 im selling my bitcoin so fast so when the price reach its lowest point im gonna buy again so i can make another profit in the future. that's a basic trading but always work. don't buy bitcoin at high price wait for the dump and then buy as much as you can then sell it on a high price.

But if you see when price falls by $500 that means you are already selling your coins at low price which will affect your profits very badly so if you see dramatic fall in the price its better not to sell your coins and hold the existing ones and when price is at lowest point buy it more and wait for the price to bounce back.

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October 20, 2017, 03:42:59 AM
 #784

What I do when prices are falling especially the coins I'm trading, I usually check the trading site from time to time of how much it has gone down. And when I see that it has gone down half of the price I bought it in, I would wait for the dip and buy that coin when it is at its lowest or for me it is at its lowest.

   
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October 20, 2017, 05:51:45 AM
 #785

What I do when prices are falling especially the coins I'm trading, I usually check the trading site from time to time of how much it has gone down. And when I see that it has gone down half of the price I bought it in, I would wait for the dip and buy that coin when it is at its lowest or for me it is at its lowest.

Right. Anything but panic selling. If i have spare btcs at that time i'd definitely do the same. If not then basically i don't open any exchange site and let the price fall for as long as it like. I've realized for a long time already that patience is the key to minimize losses in trading

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October 20, 2017, 05:58:11 AM
 #786

What I do when prices are falling especially the coins I'm trading, I usually check the trading site from time to time of how much it has gone down. And when I see that it has gone down half of the price I bought it in, I would wait for the dip and buy that coin when it is at its lowest or for me it is at its lowest.

Right. Anything but panic selling. If i have spare btcs at that time i'd definitely do the same. If not then basically i don't open any exchange site and let the price fall for as long as it like. I've realized for a long time already that patience is the key to minimize losses in trading

Correct. We don't have to panic if there is a huge price drop that is happening on every tokens that we are holding, if we have extra bitcoin, then we have to buy tokens that is on a dump price and sell it when it PUMPS so that way we could have the profits. Actually this DUMP thingy is an advantage to the Traders, it is an opportunity for them to earn big amount of money through profits.

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October 20, 2017, 06:41:51 AM
 #787

If already know the price will fall as well as we take action to sell it than will be more harm for you, it is a good action if you already know the price will come down.  Smiley

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October 20, 2017, 06:50:13 AM
 #788

Well, you have 3 options:

1. Cut your losses. If you have lost faith in the coin, this is your best option. Sad

2. Buy more! If you have the funds and believe in the coin, then what buy more and more as the price drops.

3. HODL! If you don't have the funds to increase your position but still believe in the coin, then you best option is to HODL. (Just forget you own it for a few months/years)

Good luck and stay safe! Tongue

I think HODL is the best option, that is, if you are in crypto for the long run. Unless its a shit coin in which case you just cut your losses and sell.
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October 20, 2017, 07:03:46 AM
 #789

I'm new in trading. I lost almost 50% of my capital... because the coin I buy price fall and fall till now... Is good I to hold or sell to cut loss?
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October 20, 2017, 08:07:55 AM
 #790

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?).

When the price us falling, it is time use by traders to buy coin. When the price is falling it is not panic time. It is normal, it will really happen because bitcoin or any other digital currency out there has no fix price. Good thing when its price increase but quite bad when it goes down especially when someone needs money. But it is the nature of this currencies go up, go down, it is not possible to just goes up. Just accept it. When the price is falling there is nothing else to do but to wait for it to increase again. But the thing is we do not know how long will it takes to increase.
Bitcoin is a digital currency and digital currency do not have a fix price so people should not try too sell all there coin as they think its price will again fall but they should wait for some time and then see the magic its price will surely increase. one the other had person should buy bitcoin in cheap rate and than wait for the rate to go high and than sell them this will give the a very high price Traders too do not stop there sales because they too know that its price will again increase and it will be like a golden day for us so they do not panic in this situations this is the nature of the online or digital currency.

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October 20, 2017, 11:31:04 AM
 #791

I'm new in trading. I lost almost 50% of my capital... because the coin I buy price fall and fall till now... Is good I to hold or sell to cut loss?

I remember before the price of my token was falling i got panic but i don't have nothing to do, im just waiting until the price will rise again, then its happen, so for me if the price was falling we don't need to panic. Wait until what happen to your coin.

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October 20, 2017, 02:45:29 PM
 #792

Mostly when there is a bitcoin rally,most of altcoins including well established altcoins start bleeding.So,when you see your invested altcoins price falling down and bitcoin price increasing,either you could hold some of your altcoins which you believe that their price would surely recover soon or else,you could just sell them and buy bitcoin to avoid misssing the train.

Shorting is a process where you definitely get an idea that bitcoin price is definitely going to fall and so,you just sell your bitcoins and wait for its price to fall down more to buy it once again.But its highly risky and many have faced loss by wrongly predicting.
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October 20, 2017, 06:07:46 PM
 #793

I'm new in trading. I lost almost 50% of my capital... because the coin I buy price fall and fall till now... Is good I to hold or sell to cut loss?

I remember before the price of my token was falling i got panic but i don't have nothing to do, im just waiting until the price will rise again, then its happen, so for me if the price was falling we don't need to panic. Wait until what happen to your coin.
- Depends on the potential of the coin you are holding, patiently waiting and not doing anything is a good way if it is a potential coin but if it is not a potential coin, patiently waiting and not doing anything will make our money disappear quickly
- I think first we should look for the reason why the price of coin dropped, then we should analyze this reason, it affects the future of the coin or not, and from there, we can determine what to do next, wait, buy more or cut losses, absolutely should not let emotions affect analysis
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October 20, 2017, 07:57:50 PM
 #794

When the price is falling I'm always checking the price everyhour if it will be a big dump or not . if its decrease over $500 im selling my bitcoin so fast so when the price reach its lowest point im gonna buy again so i can make another profit in the future. that's a basic trading but always work. don't buy bitcoin at high price wait for the dump and then buy as much as you can then sell it on a high price.
Buying more bitcoins at the time when the prices are falling down is the best thing and is the most preferable thing which everyone should do. But the fact is most of the owners fail to do so. They get panic and instead of holding their bitcoins, they go for selling their bitcoins at low prices which result them in huge amount of loss. Patience and controlling your nerves is the best thing to do at that time.

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October 21, 2017, 01:31:11 AM
 #795

When the price is falling I'm always checking the price everyhour if it will be a big dump or not . if its decrease over $500 im selling my bitcoin so fast so when the price reach its lowest point im gonna buy again so i can make another profit in the future. that's a basic trading but always work. don't buy bitcoin at high price wait for the dump and then buy as much as you can then sell it on a high price.
Buying more bitcoins at the time when the prices are falling down is the best thing and is the most preferable thing which everyone should do. But the fact is most of the owners fail to do so. They get panic and instead of holding their bitcoins, they go for selling their bitcoins at low prices which result them in huge amount of loss. Patience and controlling your nerves is the best thing to do at that time.
Completely agree with you.
Weak hands always lose on btc.
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October 21, 2017, 01:41:56 AM
 #796

my experience so far when my altcoin has a price drop, then I will continue to buy the altcoin, because this is the best chance to hold and sell it when the price has started to normal. and most importantly you have to be smart to see the situation

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October 21, 2017, 02:09:24 AM
 #797

In this momentarily you need calm, calm mind brings self-confidence to make the correct decision. After careful analysis I will decide to keep or cut losses immediately. Depending on the situation, assertiveness is important.

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October 21, 2017, 02:13:47 AM
 #798

I'm new in trading. I lost almost 50% of my capital... because the coin I buy price fall and fall till now... Is good I to hold or sell to cut loss?

I think it depends on what coin you're holding. Have you done a background check of the coin or have you read any articles regarding its statistics? If yes, and if you think it has great possibilities and its value has a large chance of bouncing back, then I suggest you hold. Always do research of what coin you're trying to invest in. It will help you avoid certain profit loss.

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October 21, 2017, 04:44:48 AM
 #799

Basic trading is buy some coin in low price ang sell in high price and get profite from it. So i the price falling we need to be patient to hold our coin don't seel in lower than buy if don't want to lose our fund. Because patient is key of trading and no need to panic. 
Sometimes when really need money we have no choice but to trade in low price but I make sure that I can get profit even not that big. If there is another option to get money I will hold my coin and wait till the price increase and give good profit. When do trading,  I set it to the price where I can get profit so I will check for the price time to time.

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October 21, 2017, 05:32:56 AM
 #800

Basic trading is buy some coin in low price ang sell in high price and get profite from it. So i the price falling we need to be patient to hold our coin don't seel in lower than buy if don't want to lose our fund. Because patient is key of trading and no need to panic. 
Sometimes when really need money we have no choice but to trade in low price but I make sure that I can get profit even not that big. If there is another option to get money I will hold my coin and wait till the price increase and give good profit. When do trading,  I set it to the price where I can get profit so I will check for the price time to time.


Everyone needs it, with a small profit that can be more than enough than to get bigger losses Wink

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