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Author Topic: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?  (Read 3980 times)
SleepMachine
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July 10, 2018, 06:11:39 PM
 #261

its depend! buying now is very dangerous because you dont know when the market recover. However, with poor investors, this is the gold chance to buy coins such as BTC, ETH with low price.

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July 10, 2018, 06:20:27 PM
 #262

I personally feel if it is a popular coin like BTC, ETH, I purchase the coin and hold it until it get to the normal position. While buying the coins, I do use some of the percentage of my investment budget to purchase some coins and buy more if it declines again.
I also follow the same strategy when i sell the coins as well. I lost some money initially but that helped me to get some profit compared to before.

goldade
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July 10, 2018, 06:36:22 PM
 #263

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

I think this strategy may work with other coins but not with bitcoin or other stronger coins.
You will notice that the price if bitcoin dropped sharply from about $19000 to $15000 within the space of one week last December. Everybody had thought there would be a quick pump in the price simply because there was a rapid dump but everyone was disappointed when the price of bitcoin continued to drop even dropping to about $5000 before steadily growing back.
It is advisable to wait for a while after a dump to know if it's just a slight decrease in the price and will soon return to normalcy.

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July 10, 2018, 06:39:01 PM
 #264

If I have money available to buy, I will buy in a price drop. These days, even in price drops, Bitcoin and Etherium are expensive compared to a year ago. Therefore, I don’t feel like I can justify spending a lot of money, but as long as the price eventually goes up, we should still make a profit. The best thing we can do is buy on the dips because we may not have these opportunities very often.
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July 10, 2018, 06:47:40 PM
 #265

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

I think this strategy may work with other coins but not with bitcoin or other stronger coins.
You will notice that the price if bitcoin dropped sharply from about $19000 to $15000 within the space of one week last December. Everybody had thought there would be a quick pump in the price simply because there was a rapid dump but everyone was disappointed when the price of bitcoin continued to drop even dropping to about $5000 before steadily growing back.
It is advisable to wait for a while after a dump to know if it's just a slight decrease in the price and will soon return to normalcy.
it may work what are most attractive is this platform that are been tested on but for making some new what are some of the best on it is that we can be able to choose some of the good currency here to make our journey may more exciting and for what also that you may learn is taking and researching for the next coin that we may ever have to see their success.

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July 10, 2018, 07:14:45 PM
 #266

Of course, when the price drops on that time best opportunity to buy altcoin sharply. If you know about cryptocurrency trading you need to buy when the market price is shown red signal because after red signal you must see cryptocurrency show green signal so don’t west your time must buy when the price drops. I always make a profit buying altcoin.
Expert investors and traders always study the market keenly and when they realize that the price is now getting stable and not going to fell don any more then they try to put their money in trading, but they first study the market and after having good satisfaction invest their money in bitcoin.
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July 11, 2018, 10:09:17 AM
 #267

Buy low and sell is the only strategy that everyone uses to make timely profits and if you see price dropping sharply then without wasting any time you should buy as many coins as possible and instead of buying bitcoin you should buy cheap altcoins that has potential to rise in future as it can pump very sharply and it can give you better profits in compare to bitcoins.

Definitely yes, I am doing too. But of course, research more on the coins or token to buy because it might be its last hurray and never comeback to its highest. Check the devs social media updates, check the community if active and decide.
you're right not forever the price is down is the right time to buy right, so than doing checking and research first is the thing to do
to determine the potential is the price of that coin you will buy still  have possibility to rise again or not?
Yeah of course I buy when the price is low and sell when the price is high. This is called profit and all the investors want the same. The investment purpose is to gain as much money as you can and to make money it is necessary to buy on low and sell on high price. Those who sold their coins for $20000 in December last year have made thousands of dollars.
By sharp drop, he actually means the drop in the market. Yes when there is drop in the market, you have incentive to invest because you can own the crypto at a price much lower than before.

Having said that, we are in a state to say that an investment made right now can maximize your marginal profit when we have a green market. We are expecting a rise in the market soon towards the end of the year. Better go for it now.

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Rrita
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July 11, 2018, 10:36:21 AM
 #268

yeah. I like to buy when the price drops sharply. today the market is in huge dump because of the Bancor hack. So its good time to buy some bitcoin and ethereum. All of popular and great coin are also in dump now. so I dont want to miss this chance, I would buy some coin and try to full my bags.
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July 11, 2018, 10:45:00 AM
 #269

I always recommend buying when the price is low but the funny thing about cryptocurrency is its volatility, it might either rise or keep going down. I have the believe that the market will rise someday, it might only take a while so i buy when it is low.
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July 11, 2018, 10:49:45 AM
 #270

When the market goes down I usually divide the capital to buy each wave of market price. I find it very effective in day trading.
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July 11, 2018, 11:07:28 AM
 #271

There is always a correction in the trading market be it crypto or forex. It is a very good strategy to buy when there is a dip in price of the market and hold to wait for market price reversal to sell off and pick some profit. It is called buying low and selling high.
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July 11, 2018, 11:11:55 AM
 #272

This is how I buy, First I browse the news, in case there might be a price drop prediction
for example, an exchanged has been hacked, happenings like that greatly affect price.
Second is by browsing bitcointalk, reading some opinions from the others.
And third by analyzing the market.
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July 11, 2018, 12:39:43 PM
 #273

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

Yeah, you're In a good way of making Investment  here In crypto. I wish I have enough funds to do like that, coz I notice thats Its less losses and more potential to earn profits. But, If I have already some extra money, I will do like you do.
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July 11, 2018, 12:52:27 PM
 #274

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

Obviously yes, the market is based on demand and supply so you can always invest a huge amount every time the market prices are dropping and that is a very good opportunity in terms of earn profit in the market.
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July 11, 2018, 12:59:41 PM
 #275

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

of course. buy when the price drops are very good, but we don't know after that his price will rise or even more drops. your strategy is good i think, at least we can get profit from the second investment.

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July 11, 2018, 01:11:24 PM
 #276

I agree to that.I am currently holding BTC, ETH and BCH in my wallet.I frequently check market price from time to time because I've buying these coins little by little once market price is down sharply.Like what had happened with the market price since yesterday until today wherein it is dropping bit by bit.So with this current dip I am also buying this coins bit by bit.
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July 11, 2018, 01:23:35 PM
 #277

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool
Purchase low and offer is the main procedure that everybody uses to make convenient benefits and on the off chance that you see cost dropping pointedly then without squandering whenever you should purchase however many coins as could reasonably be expected and as opposed to purchasing bitcoin you should purchase shabby altcoins that can possibly ascend in future as it can pump forcefully and it can give you better benefits in contrast with bitcoins.
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July 11, 2018, 02:14:38 PM
 #278

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool
yeah that would be the right time to buy coins, but we should make sure that that coins are capable of rising like btc and eth.. check the past performance of that coin you can easily detect if that coin will rise or continously fall down.
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July 11, 2018, 02:31:24 PM
 #279

Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool

That's how i play also today...  Because if you have no strategies in crypto world... You will lose so much though part of our work is risking money...  But too much risk can sometimes affects us so if you have a new strategy to employ it is much better...  It is a nice strategy that after the price of coin crash we will buy more coins because a lots of panic seller today...  Because of they fear too much that's why they easily get manipulated by the price in the market...

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July 11, 2018, 02:49:33 PM
 #280

At first, I did just like you. But when the market fell sharply, I bought all his money, and then, the market fell, continue to fall, leading me to a loss, I do not know when the market up.
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