What to do when price keep dropping ?

[denny27]

Just don't panic and hastily take a decision, it's good we keep collecting as many coins as much as we can, while waiting for the recovering prices leads to rising back. Because when panic or haste often leads to regret at the end, it's more good for us to waiting and be patient for a more satisfying outcome.

[shine1123]

What to do when price keep dropping ?

Just hold your bitcoins and altcoin until the price back to normal. The market is a bit sensitive right now, because of that news from China. If you have much money in your pocket, you can buy more coins when the price start going down again and sell it back when the price going up and repeat.

[fuqdisshite]

What to do when price keep dropping ?

Hodl harder. There is no need to worry unless bitcoin value of your portfolio is dropping.

[Gecko8]

What to do when price keep dropping ?

Hodl harder. There is no need to worry unless bitcoin value of your portfolio is dropping.

So to translate you statement, i should worry, when alt coins drop faster than bitcoins, correct? Than better now to move to Bitcoin itself? Your thoughts?

[intrader]

Do nothing just hold this a very powerful method since 2009

[Images21]

That happens all the time. Sometimes drops in prices keep going on for a little while. But do not be emotionally affected by it and act immediately as a reaction. Try to weigh things down and keep reading about the latest updates, the one-sided comments and FUDs. Be rational about such things. This will be better in the days to come.

[kdiag]

when prices fall, I try to re-buy )))

[kryptqnick]

Just don't panic and hastily take a decision, it's good we keep collecting as many coins as much as we can, while waiting for the recovering prices leads to rising back. Because when panic or haste often leads to regret at the end, it's more good for us to waiting and be patient for a more satisfying outcome.

I don't think that holding as much altcoins as possible really makes a lot of sense. One should always thin whether the coin is worth the risk. I currently have only one coin in the future of which I believe (apart from btc). That's IOTA. When it dropped, I bought some more of it. Yet if some insignificant coins drop then maybe that's the end for them and it's better to sell them, or reinvest into some more promising ones.

[inthelongrun]

when prices fall, I try to re-buy )))

This is the best thing to do when price of BTC and altcoins are dropping down low. I don't understand people sometimes, they want the prices of BTC and altcoins to become cheap but when prices start dropping down, they are afraid and spread FUDs about BTC and crypto ending and nearing death. WTF!

[BitcoinNational]

Depending on the value you're talking about.
It's important to understand why the price goes down, when you have found out the reasons, you can take a wise decision. For the Bitcoin, no need to panic.
For altcoin, I, personnaly, don't hold to much at the same time .

[coin-investor]

What to do when price keep dropping ?

Altcoins price depends so much on the price of bitcoin if the coin you are supporting price is dropping because of Bitcoin it is likely to increase again, but if it dropping because investors drop interest on that coin then it's better to also dump it.

[budiartha]

depending on the capital you use if you feel the need to sell bitcoin or altcoin that you hold but if you say you have confidence the price will go back up then hold hold trying not to make decisions in a panic situation better monitor and keep moving price movements, make own your decisions.

[Lieldoryn]

Do nothing just hold this a very powerful method since 2009

It really is the most effective way to save your money. Only you need to believe in bitcoin or other crypto currency that you store. The problem is that blshinstvo users crypto currency hoping to get rich quick on speculation and therefore such falling prices is a disaster.

[Heyyyrenz]

Actually you have two options, it's either you withdraw it or to wait for it to recover.

1. WITHDRAW (Accept your loss) - You're going to withdraw it once you know the price keeps dumping, to avoid further loss of capital.

Advantage: You can prevent from a big loss.
Disadvantages: You will loss some of your money.

WAIT (Hold) - You will wait and stay calm, ignore the news and wait for the coin to recovers and make profit from it. Or in other words you will hold your coins until make a profit from it.

Advantages: You can make profit from your investment.
Disadvantages: It will took a week, month before recovering and make profit from it.

[legendbtc]

Actually you have two options, it's either you withdraw it or to wait for it to recover.

1. WITHDRAW (Accept your loss) - You're going to withdraw it once you know the price keeps dumping, to avoid further loss of capital.

Advantage: You can prevent from a big loss.
Disadvantages: You will loss some of your money.

WAIT (Hold) - You will wait and stay calm, ignore the news and wait for the coin to recovers and make profit from it. Or in other words you will hold your coins until make a profit from it.

Advantages: You can make profit from your investment.
Disadvantages: It will took a week, month before recovering and make profit from it.

I tried all your plans and it worked for me many and made a lot of profits on the investment I made. When every the price of any coin is reducing just hold the coin until the value bounces back.

[tarlok01]

I will wait and watch to calm down the market and when market steplise, I will buy the coins that was in my buying list and waut for the market to rise. I will sell my coins when they reach my sell target.

[Damage_Dealer]

What to do when price keeps dropping? Stop acting like a little girl stressing over any of your investments that are losing value, and try to do that by understanding the temporary nature of the market. Anything can fall in price and then come back and vice versa. Read up a couple of books on trading, especially the ones that highlight the psychological part of this activity. If you can't handle the stress, do not go to any exchanges for a while and just try to do other stuff. I don't know, my personal thought is that only strong people can make money in these markets, the ones who have enough balls, patience and knowledge. The ones who do not overreact to every price swing.

[skylark001]

We should buy more if price is dropping.donot panic .we should average our investment.soon we can see we are in profit so keep purchasing in dropping of price.

[yanto@1977]

What to do when price keep dropping ?

First, sell it ( cut loss ) and second keep hold. When you take first option, loss your fund will happen but you can save your trading. Another day you can find another profit. But when you take second option, see your strategy and analyze again. Your " hold " can take long time and also make you lost emotion control. I only suggest first option and have a nice day.

[nComment32]

What to do when price keep dropping ?

Keep buying more on the way down.