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Author Topic: What to do when price keep dropping ?  (Read 4129 times)
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September 17, 2017, 04:00:51 PM
 #41

Just holder and buy more if you can
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September 17, 2017, 04:01:45 PM
 #42

Hold the existing coins and continue to buy at lower price as that is the best strategy to follow instead of getting panic and selling at lower price and if you get panic very easily then trading is not the right place for you.

                                                                               
                
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September 17, 2017, 04:12:41 PM
 #43

What to do when price keep dropping ?



sometimes confusion arises when we see crypto value decreases. that's human, I often like you.
but there is always a solution to it. you can sell or hold it. but if for the coins I believe in, I tend to just hold back and try to think positively.



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September 17, 2017, 04:18:12 PM
 #44

just HODL it, the price will be back

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September 17, 2017, 04:22:55 PM
 #45

hello, i guess you have two options: 1. sell now and regret later, because i belive the price will raise and 2. keep calm, don't sell your bitcoins, and wait for better price, maybe it will take one-two month, maybe more.... but i belive it's better this way

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September 17, 2017, 05:33:23 PM
 #46

Just holder and buy more if you can

Short answer: What he said

Long answer: Look at the 50, 100 and 200 SMA and aim to buy in at the support levels.  Don't sell when at new lows. Noobs panic on these correction, HODLers see these as a black Friday sales Smiley

One last thing: Don't trade on margin unless you REALLY know what you're doing.
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September 17, 2017, 06:13:14 PM
 #47


It's impossible to call the low. So if you did your homework and really believe in the project and the people then buy more when it does go low, because you know it will go back up and then some sometime in the future.

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September 17, 2017, 06:19:53 PM
 #48

Just holder and buy more if you can

Short answer: What he said

Long answer: Look at the 50, 100 and 200 SMA and aim to buy in at the support levels.  Don't sell when at new lows. Noobs panic on these correction, HODLers see these as a black Friday sales Smiley

One last thing: Don't trade on margin unless you REALLY know what you're doing.
And never use margin for hold altcoins Grin. In few months ago, I just holded Ripple and Stellar in 2 months (I accept high fees from margin) but it made me a big loss and I lossed ~95% my funds (I did not use cut-loss). Roll Eyes

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September 17, 2017, 06:35:22 PM
 #49

What to do when price keep dropping ?
Depends on cryptocurrency. If you are talking about bitcoin - I wouldn't suggest to sell it in the nearest future, because obviously it will rise again, so you'd rather buy it, when the price keeps dropping, instead of selling. In case of altcoins, which seem reliable, like LTC, ETH, XMR - you can sell some part of it, like half or more - then if the price still keeps dropping you at least saved some part of it, if it drops and then rises - you even made a profit. But as for new and too promising altcoins I'd say you better sell all of them, because it's 99% scam.

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September 17, 2017, 06:50:25 PM
 #50

What goes up must go down, and what's down generally goes up. The best time to buy is when markets are in red, despite how our monkey brain reacts to anything in red.

If you have coins that you bought at a high price, i highly encourage you to plant your feet, and don't sell your savings off. The markets are a patience game, where the patient get rich and the weak hands get poorer or bottom-feed.

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September 17, 2017, 06:55:24 PM
 #51

What goes up must go down, and what's down generally goes up. The best time to buy is when markets are in red, despite how our monkey brain reacts to anything in red.

If you have coins that you bought at a high price, i highly encourage you to plant your feet, and don't sell your savings off. The markets are a patience game, where the patient get rich and the weak hands get poorer or bottom-feed.

True for top10 coins, but not everything. If you bought sia at the top should you have held until it lost 85% of its value, for example?
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September 17, 2017, 07:12:01 PM
 #52

HODL EVERYTHING!  Cool

Everyday I'm HODLing.
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September 17, 2017, 07:24:21 PM
 #53

What to do when price keep dropping ?
Based on your question it depends on situation and for what you are trading at. So i must say that if the coin is keep on dropping stay calm until it not reach the price that you have buy on it not selling it and wait for its pump if you have believe on that coin that it will pump again then why not you hold for it only and dont panic to sell.

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September 17, 2017, 08:13:58 PM
 #54

What to do when price keep dropping ?

For coin holders, when the price keep dropping that's the difficult situation for them. When we faced such condition, it is better not to see the price movement for a period of time. If we keep watching it, the chance to make a bad decision is greater because we are at the bad mood. Keep believe that the price of our coins will increase again someday!

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September 17, 2017, 08:26:19 PM
 #55

What to do when price keep dropping ?
responding to the relaxed decline alone, you just keep it until the price has increased over the purchase price, but if you're learning tradding you just play relaxed with a low purchase just do not use all the bitcoin you have.

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September 17, 2017, 08:33:09 PM
 #56

Just hold and close your Blockfolio Wink
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September 18, 2017, 04:07:37 AM
 #57

I choose not to sell it and continue to wait for the right price, if market conditions are so severe then I have to take advantage of buying momentum and can generate profits from the average price increase, if we choose coins whose development continues, there will be no word "delisting" from the market. we are expected to be smarter in speculation.

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AFRICUNIA Digital Bank based on the Blockchain Tec


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September 18, 2017, 04:28:31 AM
 #58

What to do when price keep dropping ?
In these circumstances cause a bit of an issue for the bitcoin to keep jumping down, how well we wait for the bitcoin up and consistent, then we can consider the steps we will take.

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September 18, 2017, 05:20:39 AM
 #59

When the proces keep dropping, one thing I can say to you, is to stay put. Just calm down, still give services to earn bitcoin, join signature campaigns, buy more coins. When the market becomes more stable, I personally expect the prices to rise high again.

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COINSEED


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September 18, 2017, 07:27:53 AM
 #60

When the price is dropping and the coin is in a dip and I think the best time to buy this coin because after dip it will go up and profit will be high also.

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