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Author Topic: What to do when price keep dropping ?  (Read 4124 times)
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October 01, 2017, 02:59:13 PM
 #181

What to do when price keep dropping ?
Just hold your coin and wait for the pump of its value and i think you know the consequences of investing in crypto currency there is a tendency to fluctuates its value and you should know the risk of your investment. But i suggest that if you want to hold coin just choose on the reputable coin or the top coins in the crypto market because i am sure that even their value dropping it will have a big change to recover and surpass their previous highest value.
i myself have previously suggested this before (to remain patient and hold), but this happens to me now, i bought a dash at the price of 0.082 btc a few days ago and currently dash price is at the price of 0.075 btc, i bought quite a lot and although my heart said to keep patience and hold but FEAR must be there for every trader, seeing slow movement and tends to decrease on the coins that i hold, the questions is how to overcome fear?

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October 01, 2017, 03:18:19 PM
 #182

What to do when price keep dropping ?
Just hold your coin and wait for the pump of its value and i think you know the consequences of investing in crypto currency there is a tendency to fluctuates its value and you should know the risk of your investment. But i suggest that if you want to hold coin just choose on the reputable coin or the top coins in the crypto market because i am sure that even their value dropping it will have a big change to recover and surpass their previous highest value.
i myself have previously suggested this before (to remain patient and hold), but this happens to me now, i bought a dash at the price of 0.082 btc a few days ago and currently dash price is at the price of 0.075 btc, i bought quite a lot and although my heart said to keep patience and hold but FEAR must be there for every trader, seeing slow movement and tends to decrease on the coins that i hold, the questions is how to overcome fear?

Set up a sell order and leave it there. Its only been a few days so it probably will still go up. Dash has been there for quir some time so same woth btc, you have to trust the coin that you've invested on. Never sell at a loss

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October 01, 2017, 03:28:31 PM
 #183

I would look back its chart and see how it was performing before. Look for any news why is the price dropping and acting according to that. If you have week hand with no reason you can loose a lots of money quickly. I am pretty sure many of us had this mistake before. I would not act before did a good research first. Wink

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October 01, 2017, 03:54:51 PM
 #184

Just hold and want for the next PUMP

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October 01, 2017, 04:05:26 PM
 #185

I think we should be calm and not sell Bitcoin at this time. We have to wait for Bitcoin to be pumped from Chinese investors because China has made Bitcoin prices a lot of impact and this is not really good.
Yes I agree. But it doesn't just apply to bitcoin. Even if your altcoins's price start dropping, you should just stay calm and don't panic selling. There's a reason why it is dumping. Just hold on it, eventually it will start to recover.
altcoin fall because bitcoin price fall to much. but now seem like altcoin have their own chart. their price not follow bitcoin anymore so if price fall we can use skill trading to cover loss

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October 01, 2017, 06:01:31 PM
 #186

What to do when price keep dropping ?
Just hold your coin and wait for the pump of its value and i think you know the consequences of investing in crypto currency there is a tendency to fluctuates its value and you should know the risk of your investment. But i suggest that if you want to hold coin just choose on the reputable coin or the top coins in the crypto market because i am sure that even their value dropping it will have a big change to recover and surpass their previous highest value.
i myself have previously suggested this before (to remain patient and hold), but this happens to me now, i bought a dash at the price of 0.082 btc a few days ago and currently dash price is at the price of 0.075 btc, i bought quite a lot and although my heart said to keep patience and hold but FEAR must be there for every trader, seeing slow movement and tends to decrease on the coins that i hold, the questions is how to overcome fear?


You know what you were doing when you invest money in bitcoin so now it's only your decision. For me it's easy, just keep them and wait for pump and belive in it. Only thing now is you, so be strong and hold your btc with faith for better tomorrow.

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October 01, 2017, 06:43:48 PM
 #187

i think its better to hold the fiat, for real life need currency instead of cryptos, and there is always sometime you need to use money, unless you are free of financial, also hold the fiat means you can buy at a low price
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October 01, 2017, 06:56:38 PM
 #188

It is better to be patient and calm to behave reactionary. Panicking will kill your money even further more. And you sell out to fiat in good exit point. This is the rule people use.

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October 01, 2017, 07:02:24 PM
 #189

If you cannot emotionally handle volatility, you should not be trading crypto currencies.

These suckers are more volatile than small cap stocks.

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October 01, 2017, 07:43:44 PM
 #190

What to do when price keep dropping ?
Just hold your coin and wait for the pump of its value and i think you know the consequences of investing in crypto currency there is a tendency to fluctuates its value and you should know the risk of your investment. But i suggest that if you want to hold coin just choose on the reputable coin or the top coins in the crypto market because i am sure that even their value dropping it will have a big change to recover and surpass their previous highest value.
i myself have previously suggested this before (to remain patient and hold), but this happens to me now, i bought a dash at the price of 0.082 btc a few days ago and currently dash price is at the price of 0.075 btc, i bought quite a lot and although my heart said to keep patience and hold but FEAR must be there for every trader, seeing slow movement and tends to decrease on the coins that i hold, the questions is how to overcome fear?


You know what you were doing when you invest money in bitcoin so now it's only your decision. For me it's easy, just keep them and wait for pump and belive in it. Only thing now is you, so be strong and hold your btc with faith for better tomorrow.
But important, that faith is right or wrong choice, if you are believe in a future can not happens, how do you have profits from that faith? Therefore, before put your faith into a future, you need to have some reasons.

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October 01, 2017, 09:03:29 PM
 #191

when prices keep dropping, just go to any exchange website and exchange your dropping coin to any pupping coin. that is how trading works !
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October 01, 2017, 09:13:34 PM
 #192

If you see the price droping its better if you buy bitcoin because thats your chance to buy cheap bitcoin. But as of now the price will not decrease and I think it will continuw to increase more. So what are you waiting for its better to buy bitcoin now and for sure after few months of holding you can earn a lot of profit . And if you have bitcoin and you see the price dropping its better to hold it dont sell and wait the price again to increase more.

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October 02, 2017, 03:43:35 AM
 #193

When price of all crypto currency are dropping down, it's better to hold it the remaining coins in the wallet. Because there's a possibility that on the following days or month it will recovered and raised up again. In addition I suggest to buy a lot of coins as investment, I know that in the future it gives you a high profit.

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October 02, 2017, 05:52:59 AM
 #194

Definetly i will try to know what is the reason for the dropping by searching the news, since the dropping is caused by closing Chinese exchanges, so I sold the coins on these exchanges.
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October 02, 2017, 05:58:01 AM
 #195

when bitcoin price will keep dropping, i will not panic for that situation, i will hold it until the price will get in the same price.

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October 02, 2017, 06:45:54 AM
 #196

i will only wait, sit down in my chair, watching movie online or doing something else and if i still have money in my balance, i will buy another bitcoin. it is good to see the price is down especially if there is any correction before the price is increase again so we can prepare to buy or selling when the price is back increase. i think the price is not going to down too deep unless there is any big bad news happen in out there and there are a big panic from the people.

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October 02, 2017, 06:55:43 AM
 #197

What to do when price keep dropping ?
In my opinion, the one thing that needs to be done the values of the coins that you have invested in are dropping, simply continue holding. Don't ever sell your coins for a loss, since you might end up making it a habit. It won't hurt to hold on to your coins until their values recover and then sell afterwards.

I think investors should try to understand that the market is so volatile, prices go up and down and that is how it goes. It is totally up to an individual to decide when to sell, however, it is not advisable to sell when you are not making profit.

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October 03, 2017, 04:00:06 PM
 #198

What to do when price keep dropping ?
Just hold your coin and wait for the pump of its value and i think you know the consequences of investing in crypto currency there is a tendency to fluctuates its value and you should know the risk of your investment. But i suggest that if you want to hold coin just choose on the reputable coin or the top coins in the crypto market because i am sure that even their value dropping it will have a big change to recover and surpass their previous highest value.
i myself have previously suggested this before (to remain patient and hold), but this happens to me now, i bought a dash at the price of 0.082 btc a few days ago and currently dash price is at the price of 0.075 btc, i bought quite a lot and although my heart said to keep patience and hold but FEAR must be there for every trader, seeing slow movement and tends to decrease on the coins that i hold, the questions is how to overcome fear?


You know what you were doing when you invest money in bitcoin so now it's only your decision. For me it's easy, just keep them and wait for pump and belive in it. Only thing now is you, so be strong and hold your btc with faith for better tomorrow.
Bitcoin will surely return huge profits. It only requires some patients from the investor. Bitcoin price has started to rise and it is predicted that it will touch 5k dollars by the end of this month. September was the only month that was a little hard for all the bitcoiners because the prices fell down badly but it has recovered within no time. Hold on for next three months as bitcoin is going to touch the sky.

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Svelto
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October 03, 2017, 05:19:30 PM
 #199

You don’t lose if you don’t sell. If you believe in the coin, hold it. The market is either up or down, panic sell is usually the reason of losses.

Mariya03
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October 04, 2017, 02:02:49 AM
 #200

You only have to wait until it increase again because its price is varying, means when it increased there are chances that it will decrease but eventually it will increase again. You just have to be updated on the prices every minute if possible, for you to not waste the chance of the increased price.
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