What to do when price keep dropping ?

[dragonsnapper20]

What to do when price keep dropping ?

[btbrae]

Time to own altcoins was first half of the year... second half they only drop / get diluted by endless spammy ICOs. With a couple of exceptions, altcoins are a black hole for your money.

Buy Bitcoin and hold it.

[vuvanle120]

What to do when price keep dropping ?

Don't look at it or you will be more nervous  . Best advise buy more when you see a dip. It's a buying opportunity.

[XCANA]

I will do nothing else other than to keep holding my coins, and that is exactly what am currently doing with the coins i bought when there market value was high. I bought bitcoin when it market value was $4,250.45 and it has drop to $3,600 now. It will be irrational for me to sell at loss at the current price, but will rather continue to hold pending when it appreciate.  

[vectisitch]

you only lose if you sell. just hold what you have and wait. the price always goes back up again. simples

[senin]

If the price of the crypto currency continues to decline, this is a good time to invest in the crypto currency and to buy bitcoin, the etherium and other promising altcoyins. The main thing now is not to succumb to panic and hold on to existing coins until they are restored in their previous course. China will either soon join the world's crypto-currency community and in a new capacity, without risky and fraudulent ICOs, or the community will explore the world of crypto-currency without China and China will remain on the sidelines of technological financial development.

[FiiNALiZE]

What to do when price keep dropping ?

Don't look at it or you will be more nervous  . Best advise buy more when you see a dip. It's a buying opportunity.

That is what everyone who is exchanging coins around should do. The people that are exchanging coins is also selling more of the coins that are actually planning to during a dump. Holding a coin for a long term purpose is not that good if you are trying to exchange coins daily. If you have a long term strategy with the coin that you are holding then you will see more gains when you attempt to start selling that coin you were planning onto sell later on the road. The amount of coins that you can make from doing that is plenty.

[yura888]

It is best to have a bitcoin in account and buy a coin at the bottom

[coolzzz]

Dont go daytrading if you are stressed out quickly and have intense FOMO.
Tried it a few time to switch one coin back to BTC to buy another which was rising. Ended up with selling with loss and buying all time high.

Basically never sell with loss. You can conditional sell when you have some profit.

[maeusi]

Bitcoin may be the best, but many altcoins have interesting features and benefits like Ethereum, that supports projects and apps, ZCash, that makes anonymity possible and doges, that have a great community and are used to make cheap transfers. So its not wrong to have all of them in portfolio.

[samy_voc]

What to do when price keep dropping ?

Purchase Tether (USDT) token when the coins value deteriorate or market goes down due to external fake news. You can buy back the coins after they stabilize by exchanging the Tether(USDT) as Tether is dollar equivalent in Crypto world.

[johan36]

What to do when price keep dropping ?

Time to buy , keep it in hold for a couple of months, be patience till the price back to normal.

[bigdogdan2]

Time to buy , keep it in hold for a couple of months, be patience till the price back to normal.

Hard to do, but this is the way to go!

[SvenBomvolen]

Bitcoin started to grow back again. As I noticed even currencies that wasn't built on bitcoins Blockchain follow it's price. So, I can suppose that we just need to hold our founds till the situation on the market of crypto-currencies will not stabilize. Altcoins are long term investment and all profit is going to be seen only in several years after input in coins or tokens.

[Jdope]

It depends on how you got in in the first place, if you are still in profit (even after coins drop) then you don't do anything, just hold your coins until you like the profit, if you are not then you either sell (if that's going to make you relax) and rebuy at a lower rate or you hold until you are in profit, this advice is for sub 1000$ worth of investment, you can always make more money if its not much.

[makishart]

What to do when price keep dropping ?

Just be a patience person if you are not selling your coin at the top price, but that will be involved a high risk if you are undestand about the reding can become the more bad.
I just try to keep my token if i'm not selling it at the top rather than follow the waves to dump it in the market.

[Rozita]

It depends on the coin. If its a coin which I have bought that as a short term investment, I might sell that. But if its a coin which I really believe that like Ethereum, Litecoin, Dash, Monero, Waves, I don't panic and hold that.

[Minotus]

You should do exactly nothing if you wanna get your money back. If you panic and then sell you lose. You should wait till things turn back to normal . On the other hand this is a great time to buy. Wait for coins to reach the bottom and then buy . You will probably double your money if you can manage to buy from bottom.

[European Central Bank]

what's the reason for the drop?

if it's just boredom or low sentiment then it's time to think about buying. that's how people get rich.

if it's a technical or scam related disaster then maybe it's best to cut and run.

[valr]

What to do when price keep dropping ?

If you think that the drop isn't justified and believe in the long term potential of a coin, you could buy it and do a Dollar Cost Average.