DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?

[wipeout0]

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. 

[macstrong12]

Well , they say never buy in top neither when it is on bottom , because if you are not sure it is the bottom it can goes deeper!
2 points are not very stable , very top and very bottom , between those would have less risk .

[nskendrovic]

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.

[whirlcoin]

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. 

But it is not applicable for all the coins many altcoins will fail to recover if the price fall is huge so it is also risky too,I will invest on the coins which price was stable because these coins can give good profits in long term with low risks.

[Harpawan]

It has become a natural law in the science of buying and selling, buy when the low price low and sell when the high price of high. Chanya course, when we can know the price  already at the lowest or highest point.

[noormcs5]

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 is not only your strategy it is basic rule of trading, buy the coins when price drop and sell them when price go to high.
I also do it same like you, when price drop then i buy coins, recently when bitcoin down then i also bought 1 bitcoin. But still i am waiting to see the high price of bitcoin. Being a trader we should patienter then we will get profit in trading. 

[Matthewmorris4]

Just drops sharply means "wait a sec" for me. Just buy it without know or wont to know next movement is bad action. Before buy we should do some TA to know where the next price will be, if its still can going down them wait for it and make a bid

[Harsh_Patel]

Find the congestion point. That will work every time.  

How to find the congestion Point?

• See the Price changes after price drop. Every time Bear run start fast and dies slow. So look for the convergence of price after price drop.
• Volume traded decreases during this time, as people conclude the fairness of the price and think about the current prices.

• Look at the News and overall sentiment in the market, it will shift to neutral.
• Bolinger Bands will be below Moving Average Price

If these traits are followed, then you will surely see the jump in the prices in the short time.

[pawanjain]

It depends on the coin whether it is worth to invest in or not. If the coin has no potential then I would most probably not invest in it but if the coin has potential then I would look how low the price has gone from the past few weeks. I would understand the charts and predict how much the price would increase in future and then wait for the right moment to buy the dip. I wont put in all my money but rather invest a small amount so that I could buy more if it dips again.

[Augor1]

Yes, I always try to buy the dips. The hardest thing about buying the dips is trying to predict the bottom, if you are too indecisive and decide to wait for the price to keep tanking it recovers and you are regret not buying.

[tweetbit]

I do make my own strategy and highly dependent on what coins it is. With no doubt in bitcoin i always buy on low price without thinking about the lowest it would become because I’m sure I’ll profit in anyways so I don’t wait too much. Right? But in altcoin I always give time to it and make sure the project is progressing, so research first before deciding on how much are you risky investing to it.

[aceptamosbitcoin]

I'm first checking for the reason of the drop. If I don't find any big negative news, I'm buying.

On small market cap coins it's not so rare somebody to drop a huge /to the coin/ amount and ruin the price for few minutes, then it's auto-recovering in few hours.

[1Referee]

Before buy we should do some TA to know where the next price will be, if its still can going down them wait for it and make a bid

TA will not provide you any specific answers of what the price will do - it's just an indicator of what the price might end up doing. Keep in mind that the more active a market becomes, the less effect TA will have, and thus the more you need to stick to your own action plan. It makes sense because the more active a market becomes, the more greed and fear start to play an important role, which are the most unpredictable aspects of a market, and especially when it comes to Bitcoin's market. Whether people like to admit it or not, this market consists for the major part of speculative influences, and the other small part are believers of Bitcoin's long term potential. It has always been like that, and will likely not change in the forthcoming years.

[mobnepal]

Most of the coins that goes down might come up again when FUD around it settles down but for some scam coins which were previously pumped hard by some pump group or dev himself might keep on falling when dump starts.

So you should only use this strategy with coins that have really high daily trading volume and also not when whole crypto market is under bloodbath.

I mostly do day trading so can't wait for big dump or pump, I am making profit with even a small daily price swings. Long term investment is also option for me, I am buying some potential cheap tokens/coins with my daily profit to hold for long term.

[Icaxx]

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.

Its more easy to earn profit if we buy low price.
Although we dont get profit, at least we reduce the risk of lose if we buy low. Dont ever buy in the top.

[omonuyak]

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.  

A very good strategy but it is not recommended that you should buy when price is at the stage of dumping as the coins may find it very difficult to recover after that and you may still even end the last 30% at loses.I always advice traders to trade using the technical analysis and candlestick chart patterns as this is more accurate than any other strategies.

[r32godzilla]

Yes i too buy during the price drops.But most of the newbies would be totally doing the opposite by selling their coins in panic while price drops.But those who follow the rule of warren buffet to buy when every one sells would be doing a wise investment.

Most of the early investors quietly buy as much coins as they could during price drops without complaining and by doing this way,they accumulate huge volume of coins.

[Ailmand]

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. 

I am not sure if there is such a way to determine that. As much as everything in this market happens quite fast as compared to other trade and investment markets. I still think that everything takes some sort of process and follows a specific curve, and that includes coins in this markets when they sharply drop. Therefore, for you to determine when it would have a big dump in value to prompt a perfect time to buy, then I would suggest for you to follow its movements and trends, and to check how long it has taken that path to determine if it will continue to go up or go down. For me, what I do is I wait for the asset to go down, and at the first instance of its rise, I try to buy some, so that if it continues to go down, then there won't be much regret because the value is still low, but if it will go up, then I would surely make a profit.

[bakujo0817]

its depends of the coin thats drop price rapidly i only choose the coin that has good potencial and also  i search why it drop rapidly before put buy order .

[samcrypto]

If its good coin then so be it, go buy at the dumping price. Buying at a lower price are better than buying at a higher price and selling it at a loss. But you have to make sure that you are doing well on reading the market, though this is a good strategy still not recommended for those who have weak emotion because you can't control the market and it might go deeper that can cause you to sell at loss.