stevenpn
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April 28, 2018, 11:31:04 AM |
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I act on the first point -"1) hold our assets and wait until the market got fully recover to start trading.". I believe that the price will necessarily recover and grow.
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marciks
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April 28, 2018, 11:43:06 AM |
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Cyclic markets and no leverage helps a lot. The way that we invest in cryptos permits to hold any coin for ever. This means that you don't have to panic when the markets are falling... because of its cyclic nature will make them come back til their past values. This is not a rule but it's just a matter of looking in the charts and see the high frequency that this kind of behaviour happens. If you are a intraday trader, holding for ever is not an option, so you will have to stop at loss.
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darsiderin
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BitSong is a decentralized music streaming platfor
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April 28, 2018, 12:15:29 PM |
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When prices going down you just need not to panic and understand how money do you need to live and how many tokens you can leave on wallet. Price will recover anyway so better to leave almost everything.
It is not always so. For example, in 2014 Primecoin was worth 0.01 BTC, and now it's 0.0002 BTC. HODL is not always a profitable strategy, you have to be careful with this.
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cokkapaga
Legendary
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Activity: 867
Merit: 1000
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April 28, 2018, 12:30:02 PM |
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Just wait and see on the market, when the price is going down don't be panic. If price is have a potential to recover is it good time buy more.
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xandra
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April 28, 2018, 01:18:30 PM |
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When the price go down again ,simply you HODL your coins and wait for the target value you want and take this an opportunity to buy some coins for additional profit.
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GalaxyWorld
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The Exchange for EOS Community
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April 28, 2018, 01:36:58 PM |
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When I see a down sign of the market, I will sell what I have and I will buy it at a lower price. That's what I'm going to do, and I think there are many who have the same thoughts as me.
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DonateBB
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April 28, 2018, 02:17:01 PM |
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If prices drop again, sell them as they begin to fall back, but that's just the way to profit when you no longer trust the Crypto market. The best decision is that we should continue to hold them. But do not be too greedy in Crypto.
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summit26
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April 28, 2018, 02:37:28 PM |
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If the price goes down again, never lose hope and never think that you will have a loss. Instead be brave and be patience on holding your investment and there is a time that you will a luck on it. Just wait for it.
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• ✦ ALPHATECA ✦ •alphateca.com ICO ► 07/01 - 08/01 ► ico.alphateca.com
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RoolBi
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April 28, 2018, 03:13:19 PM |
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When I see a down sign of the market, I will sell what I have and I will buy it at a lower price. That's what I'm going to do, and I think there are many who have the same thoughts as me.
Yes, I used to think that you would accept a loss to sell them and I hope to buy them at a lower price, but sometimes I sell bitcoins when they come down and hope to buy them at a lower price. But when I sold the bitcoin instead of going down as I thought they would go up. I need to learn a lot to become a good trader.
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Jhomzky23
Newbie
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Activity: 40
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April 28, 2018, 03:23:47 PM |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens: 1) hold our assets and wait until the market got fully recover to start trading. 2) increase our capital to reduce the average price. 3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price. 4) others.
Any suggestion?
My suggestion for you is to set a cutloss point. If you know how to read charts, it will be easier to identify support and resistances. Sell if price breaks down the resistance area because most probably price will dive further. You can always rebuy that if you see signs of price recovery. The problem with holding your position even if it's going down is you don't know and no one knows the bottom price. You better lose small than lose big. You know in trading you can lose small, win small, win big, but never ever lose big.
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ricardobs
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April 28, 2018, 05:34:43 PM |
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It’s very possible that you can sell off once you notice that the market is going down and wait till it goes very low price, then you can invest back the money and wait for the price to go up and you will make double profit than you were supposed to make before. For example :let’s say that you bought at the price rate of $6500 and the price went up to $10,000 and then happen to start falling, you can sell off like around the rate of $8000 and wait for it to get below the rate of $5000 which is the original rate you bought at. Once it gets below that you can invest by calculating it at the rate of $5000 above whatever it is and removing the profit of $3000 you made at first, then wait for it to go up and make profit.
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ethereumhunter
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April 29, 2018, 07:22:05 AM |
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no need to worry if the price is down and actually, this is our opportunity to buy more bitcoin at a low price because this chance will not appear in the future. so we have 3 option with us which is we can do buy more bitcoin with money in our balance, we can just hold without doing anything, or we can sell it directly to prevent from getting a big loss because the price can down in every minute. but if we can stay calm, I think we can choose to hold and buy bitcoin again.
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1jaffa1
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April 29, 2018, 10:29:40 AM |
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One of the attitude that you should have in this business is the PATIENCE. It is very normal that prices will go down especially in the crypto marjet because it is very volatile. The prices fluctuate every minute. If you see the prices are going down, don't mind it. Just hold your coins and have patience. You will not incur losses until you sell your coins.
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FalcoonRed
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April 29, 2018, 10:43:22 AM |
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if the price drops again you must first save the coins you have or can buy the coins when it comes down if you have the capital but if you do not have the capital you can also follow the campaign program in this forum to find capital.
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KesoNie
Copper Member
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April 29, 2018, 11:22:54 AM |
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When prices going down you just need not to panic and understand how money do you need to live and how many tokens you can leave on wallet. Price will recover anyway so better to leave almost everything.
Be calm, watch and let the prices go down because you can't do anything with the dropping prices so you better sit and relax. At this time, it is better that you hodl your coin and if you have your savings on your oen and you can able to add your coin better to do it while prices are dropped and wait till it goes up again.
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GawirZZ
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April 29, 2018, 11:26:29 AM |
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if the price keeps going down you have to hold your coins until the price stabilizes and when the price goes down it will be nice if you add your assets by buying coins.
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birzh0
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April 29, 2018, 12:47:49 PM |
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some people win when the prices go down. They are called bears. read about bear strategy\ movements, it can help.
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denisaardelean
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April 29, 2018, 12:54:50 PM |
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I will suggest what most others are suggesting, keep your nerves strong and dont sell in panic, if you learn this art you will never lose anything in trading. Secondly, you can buy on dips and HODL, sell when you see you are in profit. What to do if the prices down again, First is consider the previous trend, like knowing when it will drop and when it will rise, because of that, you were prepared what to do in case the price comes down again
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ervinmadureri
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April 29, 2018, 12:54:55 PM |
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I have a reason for saying that one should always withdraw when the price is down, and my reason is this– they usually say that the price of Bitcoin is being determined the rate of demand which means that anyone can invest a very huge amount of money just to raise the price and then withdraw it. This is where our patience and positivity will be tested and I hope we all can overcome it by keeping our faith firm.Yes don't depend on the other people because you have an own idea that helps you to earn a big money
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htconem7
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Merit: 10
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April 29, 2018, 12:55:06 PM |
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I don't like selling my holdings just to buy at the very low price which i had thought if it will happen or not. In the past when i saw some downtrend in the price and my holdings keeps on low. It even totally depends on your knowledge of trading and so many people who make a mistake of holding on to coins when they are apparently showing signals of a downtrend are the ones who do not really have any knowledge about trading and they are only gambling their positions
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