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Author Topic: What to do when price keep dropping ?  (Read 4122 times)
Argon2
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September 18, 2017, 07:34:09 AM
 #61

What to do when price keep dropping ?
If you have to ask then go do something else.
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September 18, 2017, 07:39:07 AM
 #62

If you are sure at coins that you have - you need just calm down and wait. Dip corrections are pretty common for a such volatile market. So if you haven't nervous strong enough you will lose [money, health, time] here at crypto...

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September 18, 2017, 07:43:24 AM
 #63

What to do when price keep dropping ?


Relax and smile as weak people panick and sell all their possessions. Then wait for the deepest drop and the first rise after few hours. And only then i would start buying again. These price drops and rises have been happening a lot already since the dawn of crypto currencies. So I wouldn't worry that much. And be happy instead because it means greater opportunities approaching.
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September 18, 2017, 07:46:42 AM
 #64

i'd  basically panic though. i'd be running here and there when price keeps falling. what i would is to buy the cheapest coin as possible or simply just buy tether (USDT). panicking is good but you have to think what to do.

lets saying you are traveling a 2 hour drive going to your house while the chinese are dumping all their btc, you'd panic seeing your money from 100K down to 80K.  its like being robbed literally.

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September 18, 2017, 07:53:28 AM
 #65

What to do when price keep dropping ?


Relax and smile as weak people panick and sell all their possessions. Then wait for the deepest drop and the first rise after few hours. And only then i would start buying again. These price drops and rises have been happening a lot already since the dawn of crypto currencies. So I wouldn't worry that much. And be happy instead because it means greater opportunities approaching.

LOL, very nice described, I'm agree. You have to be strong to survive here Wink

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September 18, 2017, 08:22:38 AM
 #66

Usualy people doing when the coin is droping we keep buying and hold specialy if we know that the team is very active and always on update find a new ways to success of there coin

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September 18, 2017, 01:26:17 PM
 #67

sell and wait for the bottom

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September 18, 2017, 06:03:45 PM
 #68

Some prefer to wait and see, others sell and buy back

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September 18, 2017, 06:24:43 PM
 #69

First of all before buying a coin I make sure that they have arleady not done a 3x 4x or 5x. You can never expect a profit from these type of coins. Try to find new undiscovered projects which have not been shilled much and are in accumulation zone. Incase i buy some overhyped coin, i always use stop loss. Even if somehow i have got into a bad trade, last option is to average down the buy price.

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September 18, 2017, 06:25:25 PM
 #70

It depends on the reason for that dump... i read news and decide
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September 18, 2017, 06:38:34 PM
 #71

What to do when price keep dropping ?


Relax and smile as weak people panick and sell all their possessions. Then wait for the deepest drop and the first rise after few hours. And only then i would start buying again. These price drops and rises have been happening a lot already since the dawn of crypto currencies. So I wouldn't worry that much. And be happy instead because it means greater opportunities approaching.

LOL, very nice described, I'm agree. You have to be strong to survive here Wink
Exactly he is right when the price is dropping many people are doing panic sell and expressing their feelings in this forum. i too not do any activities in that time i just check the price chart. And if any price drop happened i will be very happy because i will get one more chance to buy bitcoins for less price so. if everyone understands this trick, then no one will do the panic selling.

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September 18, 2017, 07:09:05 PM
 #72

What to do when price keep dropping ?

Check the news and feedback first before panicking. There's a reason why prices are dropping, it could be another whale, or some major event happened, or just a temporary drop. It's really hard to decide whether to keep or sell coins. But, calm down and decide wisely whether what decision are you going to make.

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September 18, 2017, 07:15:38 PM
 #73

Patience is the key. You should never sell in a down trend. Becaue you will lose money if you do. If you wait enough your coins will get back to their original values.
As for buying wait till prices hit bottom line and buy as many as you can.

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September 18, 2017, 07:19:12 PM
 #74

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.

The best thing you can do with any investment is ignore it.

No one made money sitting staring at the 1 minute chart for days at a time,
holding their breath and trying to guess which way it's going to go. There
are programs that can do that for you, and machines are way better at it.

So just hodl, go outside, mow your lawn or get some ice cream. Anything
but sit and worry about a dip in an extremely volatile market.

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September 18, 2017, 07:31:26 PM
 #75

What to do when price keep dropping ?

It depends on whether what coin are you referring to. If you're talking about bitcoin, you should know that it would recover soon. If you're holding altcoins, read news or articles about the reason and base your judgement on what you've learned from it.

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September 18, 2017, 07:34:28 PM
 #76

If you're not actively trading then its not a good idea to sell you coins, you can't be sure that its not already at the bottom.  In the long run you'll always be better off not selling and holding on to your coins.  Your heart will thank you for it!

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September 18, 2017, 11:02:14 PM
 #77

What to do when price keep dropping ?
Well all depends on when you enter the market and that determine whether to sell or not to sell. Although for me personally I rather wait just like what I did with bitcoin before the laater return to $4000.

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September 18, 2017, 11:11:24 PM
 #78

If you hold some coins have good fundamentals, just buy more of them and relax yourself  Grin

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September 18, 2017, 11:17:25 PM
 #79

If you want to sell high and buy lower in then you should only sell when you read big news, such as China banning ICO's. This means the price will continue to drop.
If you're panicking because of your investments, then you should cut off your internet for a week. If you don't cut off your internet, at least buy in very very low to make more profit when it rises again Smiley




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September 18, 2017, 11:18:19 PM
 #80

What I do when the price keeps dropping is laugh at all the panicking newbies and I go to Reddit and read all the speculation. It really brightens my day.
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