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Author Topic: What to do when prices are falling  (Read 46479 times)
Mademoiselle
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January 03, 2018, 03:30:46 PM
 #1501

don't panic 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

When price is falling, all i can do is hold and do nothing, i mean is wait.
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Ganerch
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January 03, 2018, 03:34:33 PM
 #1502

What I usually do when price falls? Well it depends on what kind of trading do I do that time when Im in short term I set stop loss and when Im in to long term trading I put it on hold.
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January 03, 2018, 03:36:50 PM
 #1503

It all comes down if you need money immediately, if you don't want to lose further it is good to take out your investment but a strong trader always wait and wait just to have a maximum profit he/she wants to get.

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January 03, 2018, 03:42:40 PM
 #1504

Hodl when prices are falling or if you have money buy new altcoins which have the potentials.

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AliCris
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January 03, 2018, 05:02:10 PM
 #1505

You can see well what inexperienced traders do at the YOBIT exchange. Immediately begin to sell and the price falls even lower. Those who are smarter observe this and get their profit on such newcomers.
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January 03, 2018, 07:18:14 PM
 #1506

You can see well what inexperienced traders do at the YOBIT exchange. Immediately begin to sell and the price falls even lower. Those who are smarter observe this and get their profit on such newcomers.
That was just normal some people were smart enough to wait what coule be the possible to happen first before they will do panic selling. Then when price pumps they will again regret for not holding their coins for a longer time. Well, the regret was really at the end.
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January 03, 2018, 07:22:45 PM
 #1507

You can see well what inexperienced traders do at the YOBIT exchange. Immediately begin to sell and the price falls even lower. Those who are smarter observe this and get their profit on such newcomers.
That was just normal some people were smart enough to wait what coule be the possible to happen first before they will do panic selling. Then when price pumps they will again regret for not holding their coins for a longer time. Well, the regret was really at the end.

Why shall we do something special whle prices are falling? It's the part of this job. If we don't do something special when there is bullish market, we don't have to do anything special in prices are falling too.
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January 03, 2018, 08:36:35 PM
 #1508

You can see well what inexperienced traders do at the YOBIT exchange. Immediately begin to sell and the price falls even lower. Those who are smarter observe this and get their profit on such newcomers.
That was just normal some people were smart enough to wait what coule be the possible to happen first before they will do panic selling. Then when price pumps they will again regret for not holding their coins for a longer time. Well, the regret was really at the end.

Why shall we do something special whle prices are falling? It's the part of this job. If we don't do something special when there is bullish market, we don't have to do anything special in prices are falling too.
If we do saw one direction on movement of prices then i dont really consider it as a trading since market goes 1 way which is somehow results and possible movements would be just the same. Traders would just simply buy up anytime and viola instant profits when price tend to go up which this thing is not possible. If we do saw falling prices then it does signifies a healthy market which traders can make money out of it.

Rony24h7
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January 04, 2018, 07:48:33 AM
 #1509

Most of the crypto and altcoin generally change their value at a regular interval. Every people who are related to these coins invest there for benefit but what should they do if the price falls? The mind of a dealer can decide that and all things depend on that thing. You have to take all the real news about this crypto if you want to do anything with these coins and if you don't want to take any risk then you can sell them.

The news we get sometimes all of that's are only for pump and dump. You can take the respective step if the news is right. You can hold the coins and see what comes if you want to take a risk with your money. In the future, you should see and feel the success.
Kiweikoo
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January 04, 2018, 08:32:40 AM
 #1510

Hold your coins and keep calm. Also, the "Buy low, Sell high" Rule might help, if btc's price are aiming high then that's the right time to sell your coins to get more profit, on the other hand, if btc's price is falling then buy as much as you can.

Always remember, don't panic when there's a dip and never do panic selling because you might lose more instead of cutting it.
I will never cut or lose when its price go down because its normal and it can happen any time because bitcoin price is related with market trade some time its price will be high and some time it will be low so I will be keep in touch with bitcoin all the time because bitcoin did a lot for me which I can forget in my life and I’m thank full to bitcoin that’s why I’m suggesting bitcoin to every one because I know it can help them in their future.
Yeah cutting loss is not a good option at all and as we all know bitcoin has promising nature an bitcoin never give loss so it is good for us to hold our coins because in holding there is no risk and our revenue stay safe and those who do panic selling in the time of fall they regret in the end when coin holders make money, and holding is also good for making more profit so I see holding a good thing to do in such situations.
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January 04, 2018, 08:55:57 AM
 #1511

Hold is a great trick in trading crypto or stocks. If you are sure that you invested in a good coin then you need to hold. Thats it. Strategy in crypto.
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January 04, 2018, 09:35:41 PM
 #1512

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?).
Let me tell you what the smart people (not hodler) really do when there is a general correction in the market like "The X-mas Crash" that happened recently in the late December 2017. Once the market started misbehaving by dropping up to 10% they dump all coins and wait for the market to stablize before putting their money back.

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Edsemen
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January 04, 2018, 10:57:33 PM
 #1513

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.
Yes as we know, if price is fallen its a chance for some trader to buy as much as they can. Most of the trader always hunt for that situation so that trader can minimize there expense.
In orther to buy bitcoin it would better to wait for the time that the value will fall down, so that we can buy it in a cheaper value and a lot we can buy.

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January 05, 2018, 12:42:52 AM
 #1514

If the prices of coins are falling, make sure you have some balance on your wallet, it is the time to buy some coins that you think it has a good possibility in the future to increase, in that case you profit may increase in the past days. And talking about the coins you are holding, lets just add some of them to minimize some losses when dumping (DCA)
However, this should apply to the top market cap. For the new altcoin I think it is difficult to predict its decline. Sometimes there are many altcoin drops very strong (-x00%). Consider joining altcoin

Uno17
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January 05, 2018, 01:01:38 AM
 #1515

For me when prices are falling i will never sell, instead i will buy more maybe to at least recover the possible loses, when it go up again, if btc goes down most probably some altcoins tends to go up, maybe you could sell the altcoins that has the highest price and hold the ones that goes down😃
Racekid
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January 05, 2018, 05:22:24 AM
 #1516

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 prices are falling it us advisable you put a stop loss on your trades. As a trader you've to be sure you aint selling on a loss, so if the prices are falling and you can't be patient enough for a rise in price again, you can sell off, but make sure you aint selling at a loss
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January 05, 2018, 05:30:49 AM
 #1517

Hodl when prices are falling or if you have money buy new altcoins which have the potentials.
Don't use your bitcoin to buy altcoins when the price is falling. Altcoins prices are depending to the market in bitcoin so when it's falling it is affected and you can just buy few coins with it. But if you'll keep on holding your bitcoins and you'll be calm and patient during those times it will be worth it to see that you endured that time when the market of bitcoin is moving unstably and on negative way.

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TERA2
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January 05, 2018, 05:37:31 AM
 #1518

I wait for high volume and trade the bounce

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Nariza
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January 05, 2018, 06:02:57 AM
 #1519

It depends on the situation. If you really need the money, sell it. But if you don't need money for now just hold your digital currency. Maybe it will bring you to be a successful in the future.
Creating N Action
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January 05, 2018, 06:20:42 AM
 #1520

The best thing to do when the prices are falling is to buy it to gain a profit. As a trader, instead of selling I will buy and just wait for the right time that the prices rising .Keep calm and be patient for the rise again. Buy for a lower price and keep or hold it. It is better to relax and wait. Buy the dip and just wait until it rises to starts droppin.

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