DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?

[cryptoking1981]

No, and it is not a good strategy to do so.

When price declines suddenly.. two things should come to mind.

Will it reverse or continue falling.  Buying at a sudden decline is sometimes referred to as catching a falling knive, you will very likely get injured.


When you buy a sudden decline, you need to have a reason to buy.

Either you buy support ( a point were the price reversed previously ) and anticipate that it will reverse again, with a stop loss of course.

Or you have another strategy like buying at undersold RSI on in my case RSI divergence and even another strategy.

If you look at vechain recently, i think its price declined a lot more than people anticipated as well as Nano previously and many other coins.  That should be a lesson not to just but on a sudden steep decline.

[ervinmadureri]

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. 

You can see that with the market is constantly fluctuating and difficult to predict as the current time, I believe you should only short-term investment and trading day. In order to succeed commercially and minimize risk, I often divide my assets into three parts. One divide to buy coin at current price after technical analysis, one to DCA when price drops 10% and the rest to take precaution.

[Rosa Paula]

At the point when the value drops soak there is dependably a directing in cost further. Each client won't feel certain about the further cost increment, not very many have the mindset and trust that the development will happen and contribute well. I for one don't have much to purchase. Be that as it may, purchasing at soak drops is constantly great.

[aziie110]

It is the best time to buy an asset when the price of the user reaches its all-time low , this is the reason because that is the point where the asset provides the most increase in profit percentage

[slasher0489]

Not all coins are like what you thought. You should be careful when investing on a coin that drops rapidly, even if you have waited months, it will no likely have a chance to goes up

[rose8963]

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. 

With my experience, only buy when the cheapest, it is also the least risky, to be able to know the purchase of a coin you need technical analysis is accurate, combined with information market to be able to show the most accurate assessment. Divide your capital and buy in installments in case the price drops you can DCA.

[melkola]

Before buying with a sharp drop in the price of a coin, I first study what is associated with such a drop. If this is a reaction to the fall in the price of bitcoin, then you can still think about buying, but not more than 10% of the funds that are not sorry to lose. But if there are no adequate reasons for this, then I do not see any sense in entering into such a coin.

[minivan]

Not really, I like to buy slowly and average down when the price in kinda consolidation period. When it's falling it can go down way more.

[Adrin]

Sure. Most right time ever to buy when a coins price drop sharply. Every trader does this without any hesitation. Just one thing need to look for a while. For which coins is this? If bitcoins then it’s 100% ok. All we know that bitcoins drop only for up again. Since bitcoins make a history for the drop so we can buy it as much as we can. Even at the moment bitcoins already going to start for rock.

[Pherjen5]

It is the best time to buy an asset when the price of the user reaches its all-time low , this is the reason because that is the point where the asset provides the most increase in profit percentage

I most expect and wait for the bitcoin price to decrease so that I can get an opportunity to trading bitcoin in low price and minimize the risk of losing my money. I think that every person have the same expectation from the market that they will get a chance of trading bitcoin in a low price.

[TranTrongit]

This is a strategy that many people adopt and so do I. but not with any altcoins. I only buy those altcoins that I think are potential, and likely to grow again after a deep discount. But sometimes I have to wait so long that they can rise again.

[emberbekas]

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. 

It mostly will depend on the coins we trade. For example, maybe your strategy can be adopted to bitcoin or ethereum. But for other coins, especially the newest one, such strategy may fail in the first try.

[martinkay550]

I know I should buy the lows teoretically but I'm always afraid the price will go even deeper than that and finally I dont buy any.

[Fredomago]

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. 

It mostly will depend on the coins we trade. For example, maybe your strategy can be adopted to bitcoin or ethereum. But for other coins, especially the newest one, such strategy may fail in the first try.

It can be hard to know which coins can work out with that type  of strategy as we seen a lots of fluctuations around this business and more and more alts getting deeper, though we assess that the value can fall to the level that we expected but suddenly it will fall more and have a hard time to rise back, unlike before that when you bought some alts that you assess well, the time frame of waiting to bounce back is much smaller than what is happening right now, its really take time and patience to wait.

[HiringYou]

I think every wise investor start buying when the price drops sharply. I mean if we are conventional about the potential of a coin that it will surely recuperate from the drop and will rise to a new height then it is a wise decision to invest in it when the price is low.This price drop will be an opportunity for us to invest in a capable coin at such low rates and we must grab this opportunity for sure.

[renz0]

This is what we've been always waiting for that the price drops down sharply so we can buy more coins. I had only a fraction of BTC, ETH and BTC in my wallet and with this current price, I plan to buy little by little with each coins as my investments. And I hope that the bounty campaigns I am currently joining pays off so that I can add more to my capital for a long-term investment.

[Gufeng]

To be honest I am just speaking about buying cryptocurrency when it reaches the bottom of the price, but I'm buying some of those with my money very rarely, I prefer to do bounties and get my rewards for free.

[emezh10]

Yes I always buy when the price drops sharply.

You should at every drip if you have the money. Bitcoin's price will increase a lot in the future so buying at any price makes sense but buying at low points mean you will easily make a profit. It can also take a long time but buying and holding is a good way to make a profit.

If you have the budget to buy when the price dump it is good for you to consider but it is not always necessary for us to always but when the price dump because there is also  a possibility for the price to continue the dump or the price drop so it is better to analyze first the changes so you could limit the loss you could deal with buying or a part of trading transactions.

[wdnj]

Yes I always buy when the price drops sharply.

You should at every drip if you have the money. Bitcoin's price will increase a lot in the future so buying at any price makes sense but buying at low points mean you will easily make a profit. It can also take a long time but buying and holding is a good way to make a profit.

If you have the budget to buy when the price dump it is good for you to consider but it is not always necessary for us to always but when the price dump because there is also  a possibility for the price to continue the dump or the price drop so it is better to analyze first the changes so you could limit the loss you could deal with buying or a part of trading transactions.


I am seeing a crash today after the pump in price, bitcoin will touch the 9.000 again or maybe 8.900 USD.
this is normal before entering the 10.000 USD and be stable there.
Price is not rising like it was in 2017, but lets hope at the end of the year what will happen The rise of price in bitcoin will be slow but sure.


[developer101dev]

Actually it's good to buy at a low price... When the price is quite better and sell off when it's reach it's apex or when the price to sell is quite better than the bid price...

The reason why traders do really like the volatility of the market is due to its market price that is very profitable and every time it was dropping, people are investing a huge amount and make more profit when the market goes back to its normal state.