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Author Topic: How do you make money if bitcoin/altcoin prices keep falling?  (Read 1416 times)
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October 29, 2017, 10:53:24 PM
 #21

When the price keep falling just one thing that we can do for earn profit and money, "buy them" and hold. but keep in mind to prefer coins whose popularity is quite high. Usually this kind of this coin not fall for so long.
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October 29, 2017, 11:00:27 PM
 #22

This is rather complex to address. But in falling prices and being rather inexperienced i try to hold as much as i can so i don´t end up being the guy that gives the good traders all the money. So what i try to do is i look at my stash of tradable bags and choose one or two coins at a time and try to sell and rebuy lower. that way i lower the price per coin of that particular bag so the recovery will eventually come sooner.

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October 30, 2017, 04:41:00 AM
 #23

In crypto trading we need to keep calm and control our emotions to earn even if such disaster happens.
It is quite simple that when i get to know that price is going to fall rapidly I sell my coins at that moment and wait for the perfect time to buy it again at low price, this is what we can do when the price is falling down continuously.

 
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October 30, 2017, 05:19:38 AM
 #24

Bitcoin is one currency and if the value of bitcoin is falling there are so many alternatives like many altcoins are traded in market as we know that comparatively its value is less than bitcoin but still making good amount of money.

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October 30, 2017, 06:01:26 AM
 #25

In crypto trading we need to keep calm and control our emotions to earn even if such disaster happens.
It is quite simple that when i get to know that price is going to fall rapidly I sell my coins at that moment and wait for the perfect time to buy it again at low price, this is what we can do when the price is falling down continuously.



                         At least it is the best way to do at the moment the price begins to drop, and most importantly keep your balls as hard as you can and control your emotion not to interfere in terms of bad situation happens, but in some instances there are also cases that you cannot really predict what's going to happen next, sometimes it will just fall for a short time and then it will be skyrocketing immediately.

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October 30, 2017, 06:14:11 AM
 #26

When the price keep falling just one thing that we can do for earn profit and money, "buy them" and hold. but keep in mind to prefer coins whose popularity is quite high. Usually this kind of this coin not fall for so long.
but I think that if the price of bitcoin is falling then we can only do one thing is to stay, I think we should wait for some time and when we realize that now the price can get a support and the price can again start increasing then we should try to buy bitcoin, because no one know about the depth of bitcoin that at what level it is going to fall.

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October 30, 2017, 07:17:54 AM
 #27

When the price keep falling just one thing that we can do for earn profit and money, "buy them" and hold. but keep in mind to prefer coins whose popularity is quite high. Usually this kind of this coin not fall for so long.
but I think that if the price of bitcoin is falling then we can only do one thing is to stay, I think we should wait for some time and when we realize that now the price can get a support and the price can again start increasing then we should try to buy bitcoin, because no one know about the depth of bitcoin that at what level it is going to fall.
holding is the best way to earn or maybe buying it anh hold for a long term .because falling down of price is not permanent falling down of price is an opportunity to earn in the next rising of its price .maybe somebody has panic on this situation but in my openion it is almost the  same thing happend every now and then in the crypto field it is alway up and  down movement and it is not an end falling of price is the opportunity to gain.
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October 30, 2017, 01:28:38 PM
 #28

I don't know much about stocks but i know that in stocks if you think certain stocks will fall, you can short them and make money.  However with bitcoin/altcoin, can you short or is that not possible?  Also isn't it true shorting is very dangerous because you can lose a lot more shorting than investing in bitcoin/altcoin?


I know when prices drop, that is when you want to buy because you want to buy low and sell high.  So what would be the strategy if bitcoin/altcoin stays the same or keeps dropping etc?  Thus its all red and stays that way?  Of course you could buy... then wait till it goes back up and sell to make profit.  But you don't know how long that would that or it could possibly not and keep going down etc.  I understand that if you want to daytrade, well you buy it at certain price then sell at certain price to lock in profit.  Thus if prices go higher and you bought earlier, you will make profit if you sell.  But besides buying the coin at low prices, you aren't making any money at the moment. 


So what do daytraders do then?  Thus daytraders are on the computer looking at the markets all the time etc.  So if everything keeps going down, how do they make money?  If prices keep dropping for a long time, then there is no money to be made right?  Or is there?  Because what do daytraders do if the market prices keep going down etc?  Sure you can buy a lot of coins at cheap prices but you don't know how long it would take to go back up etc. 

Well what you can do is to diversify whatever funds you have so you have multiple sources of income.

In cases whereby prices keep falling, the only certain way to earn even just for a little is through advertising. Although yes, its value will also not be much because of the weak prices. But 1 is always better than nothing at all especially in this business.

Another way to earn, albeit futuristic, is to hold whatever Bitcoin you have. Anticipate and be patient with the process. Sooner or later the prices will soar high again thereby recovering your losses.
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October 30, 2017, 01:34:40 PM
 #29

When prices are falling it is often best to try and sell your coins in anticipation of further price falls and then buy back more coins than you originally had at a lower price. This is of course only if you assume that the price will increase in the future.

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October 30, 2017, 01:37:36 PM
 #30

You can't earn at that time but you can earn next time, it is when the price of bitcoin or alts is falling. You can have your best opportunity to buy some good and potential coins when it's falling that will be the right time to buy. Then sell it when it is already at high price.

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October 30, 2017, 01:42:21 PM
 #31

When the price keep falling just one thing that we can do for earn profit and money, "buy them" and hold. but keep in mind to prefer coins whose popularity is quite high. Usually this kind of this coin not fall for so long.

As per my experience, it never happens if  both Bitcoins and Altcoins prices crashes at the same time. If this happen it means there is something seriously wrong on crytocucrrecny. Normally if the bitcoins crashes, Altcoin prices rises and when bitcoin rises, all the altcoins prices crashed.
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October 31, 2017, 07:31:44 AM
 #32

If the fall is around 10 - 20% i usually cut my losses. But if the loss is approaching say 30 - 50%, i do not sell instead i found a way to buy more even if i don't have money i make sure i get raised! I believe my consistency should pay off very soon
The strategy you have mentioned of staying consistent really works in case of bitcoin but I won’t recommend it for altcoins. There are many cases of altcoins which dumped for few weeks and then never reached their previous values.

If an altcoin if dropping in value more than 30%, it is an indicator of getting rid of that coin as soon as possible rather than buying more of it.
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October 31, 2017, 10:36:53 AM
 #33

If the fall is around 10 - 20% i usually cut my losses. But if the loss is approaching say 30 - 50%, i do not sell instead i found a way to buy more even if i don't have money i make sure i get raised! I believe my consistency should pay off very soon
The strategy you have mentioned of staying consistent really works in case of bitcoin but I won’t recommend it for altcoins. There are many cases of altcoins which dumped for few weeks and then never reached their previous values.

If an altcoin if dropping in value more than 30%, it is an indicator of getting rid of that coin as soon as possible rather than buying more of it.
Yea you are right this happen to many times I buy coins and buy after some fall but they never rise again its very risky to have chance with altcoins if you want then try with some good and reputable coins which have worth otherwise most chances we have to lost our money with no recovery option available
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October 31, 2017, 11:46:45 AM
 #34

When the price is falling i take this opportunity to buy because it will pump up again we just need a patience and wait for the right time to sell.
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October 31, 2017, 12:26:05 PM
 #35

In day trading you need to spend your time in front of computer as you need to monitor the movement of the market and close the transaction within the day before market ends. As such, since bitcoin is not regulated, i dont think day trading is applicable here because we can trade anytime. We just need to face risk if we will buy during dumps and wait for the time when price pump again.
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October 31, 2017, 12:35:32 PM
 #36

If you believe much on the saying “everything that goes up will go down” then your right. But in bitcoin “when it goes down it will soon go up” that should be the thinking of one investors or traders. Not in all cryptocurrency but it only presence in bitcoin as it is the main coin from the beginning.

Don’t sell when it’s falling but rather on the peak price. Buy when the price is in dip for any dollars you are ready to loss. Because risk is available to any investments and bitcoin is no exception. It’s repeating process and experience will make you be an expert to it.
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October 31, 2017, 12:39:44 PM
 #37

I don't know much about stocks but i know that in stocks if you think certain stocks will fall, you can short them and make money.  However with bitcoin/altcoin, can you short or is that not possible?  Also isn't it true shorting is very dangerous because you can lose a lot more shorting than investing in bitcoin/altcoin?


I know when prices drop, that is when you want to buy because you want to buy low and sell high.  So what would be the strategy if bitcoin/altcoin stays the same or keeps dropping etc?  Thus its all red and stays that way?  Of course you could buy... then wait till it goes back up and sell to make profit.  But you don't know how long that would that or it could possibly not and keep going down etc.  I understand that if you want to daytrade, well you buy it at certain price then sell at certain price to lock in profit.  Thus if prices go higher and you bought earlier, you will make profit if you sell.  But besides buying the coin at low prices, you aren't making any money at the moment. 


So what do daytraders do then?  Thus daytraders are on the computer looking at the markets all the time etc.  So if everything keeps going down, how do they make money?  If prices keep dropping for a long time, then there is no money to be made right?  Or is there?  Because what do daytraders do if the market prices keep going down etc?  Sure you can buy a lot of coins at cheap prices but you don't know how long it would take to go back up etc. 

Depend the way I choose, different way not the same strategy. If trade I should cut loss and replace it become currency. But if investment I'll keep hold and try buy again, that's way money management is really needed here. Most people will not agree with I do, but until now is works for me. Patience is the key and never lost faith with your skill. Good luck to you.
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October 31, 2017, 01:07:11 PM
 #38

If i have a lot of money, i will just grab the opportunity to buy all alt-coins at low price, Because whatever the status of the coin, there are still possible to goes up, This is already proven in the previous days, And im willing to invest for it as long my money could cater all of my desired coins. Seems risky but if you don't fight the risk then no more chance to earn high profit,  Smiley
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October 31, 2017, 01:17:26 PM
 #39

Yes, I will continue to make money from Bitcoin, Altcoin if the price continues to fall, this does not affect much of my work.
But if in trading, you will play margin, this is very good but also very risky when you play uncontrollably


For me, I will continue to make money from my job, if the bitcoin /altcoin are already falling.. depends the value of coins. If it is became low then some of the days becames high. But still I'm on making money from bitcoin and altcoin day by days.
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October 31, 2017, 02:27:04 PM
 #40

Well usually I don't Cheesy I just hold and wait for the coins to recover. I try to buy in at good times tho.
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