DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?

[shirackjs]

This is a good strategy, my strategy is almost the same as OP. I take the opportunity to buy when Bitcoin price fall sharply, provided I have the spare cash. And I spilt my capital and buy again if price drop again.

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[gabmen]

Yes..i always buy when the price drop sharply and hold it for a time being until i can sell it 😊

THIS process of earning is gona make you rich sharply, you will be too rich and will have good amount of saving for you upcoming future as soon price of bitcoin is gonna rise higher, one should not think too much while spending money in bitcoin because bitcoin is full of profit but we need to trust and hold if after buying at falling price.

A lot of people are saying this but i don't think everyone's doing it. There will always be something at the back of your head telling you that the value of the coin may continuously decline and not recover. So buying in bulk may risk you waiting for a long time before making profit.

[Axelseseclevz]

Yes of course i will buy,because i would grab that great opportunity for me to earn more profits on the right and proper handling it when doing investment or trading. I will give all my best and efforts how to be successful in this field.

[aoihs00]

Why not. I always calculate the % profits on the basis of how much the crypto market has fallen down. Just imagine, whenever crypto drops by 20% then you actually should be seeing it as 20% profit if you buy it at that drop. Because, one thing is sure for the crypto market to recover itself with short term or long term hold. So if we know very well that 20% recovery is sure shot then obviously that is going to be 20% profit for us. What I discussed here is just an example but yes, a sharp should be seen as the opportunity.

[miningguru]

This is a good strategy, my strategy is almost the same as OP. I take the opportunity to buy when Bitcoin price fall sharply, provided I have the spare cash. And I spilt my capital and buy again if price drop again.

That is always a good way to do because we have to split our investment every time because we don't know when the price will increase and when the price will drop. So it is always good to hold some money even if it goes even down to buy at that point.

[chosenboy4]

Bought few more ETH on 29th June . Will Sell once touches 1000$ .

[SuperPower]

Sure i did. last night and before the last night I bought a lot of Ethereum and altcoin . Today the market pumped and I am in profit all of my coins I am not going to sell all of my coin now. Would hold some and started doing regular trade with those coin . When price drops sharply I use those time for buy some good product (altcoin)

[n0ne]

When price drops steep there is always a pumping in price further. Every user won't feel confident about further price increase, very few has the mentality and believe that the growth will happen and invest good. I personally don't have much to buy. But buying at steep drops is always good.

[Soots]

Sure i did. last night and before the last night I bought a lot of Ethereum and altcoin . Today the market pumped and I am in profit all of my coins I am not going to sell all of my coin now. Would hold some and started doing regular trade with those coin . When price drops sharply I use those time for buy some good product (altcoin)

Don't just focus on ethereum only, because there's other alts that's promising to hold for months or even years. Ethereum was having good trends, but I don't think for now it has a long way to go for a good pumps despite of volatile market. However you might wonder right now that other new coins launced now started gaining its momentum and the price increasing every moment.

[hoavantathan]

When the downtrend is coming, it's a good chance to buy. Many people hope uptrend. The market will rise up again.

[Flagship11]

I wait a little bit to buy when the price drops, assuming I still have some fiat.
But I never jump on the bandwagon as soon as there is a dip since there will probably be a small correction.

[panjay]

well that was averaging down, the problem was you don't know when the dip will stop are you gonna ride it to zero? so you must have a good plan into it with some chart skill and spot the bottom.

[okissabam]

well that was averaging down, the problem was you don't know when the dip will stop are you gonna ride it to zero? so you must have a good plan into it with some chart skill and spot the bottom.

I agree, thats averaging and you should always have some spare money with you to buy coins whenever the price dips down. Dont spend everything in just one setting.

[Cryptogid]

I love buying when price goes down sharply,but it requires a good network, at the same time you might buy high if you are not smart,or having a good network..

[TheDarkRide]

When the downtrend is coming, it's a good chance to buy. Many people hope uptrend. The market will rise up again.

When the downtrend, it will be better to wait a bit till the price bounce back. We can use the price movement to notice it. But yes, it will need experience to catch such moment.

[Gwapoman]

This is one of the best strategy that I've been using for a very long time..what's i liked most with this strategy is when you buy in the first dip,you still have some balances to buy if ever a double dip happens..when a market recovery happens and My second entry hits the price of my first entry i would sell all my second entry for some profits..studying the market and try using different percentage in your every entry,2 to 4 market entry is good enough for this strategy..

There a lots of good strategy to use for trading and the one mentioned above is one of them,It worked for me and many of us, but it's not a guarantee that it will work for you too.So if anyone would try using this strategy and not getting good results,using stop loss is always a good option.

[SearchingforS]

I wait in such times because it doesn't fall without reason, sometimes it may show us that situation will go only worse...

[fourokavas]

When it  drops, it means that it is the best time to buy,otherrwise just wait until you see a nice price and there is no signals of going deeper than that

[paynercash]

This is one of the best strategy that I've been using for a very long time..what's i liked most with this strategy is when you buy in the first dip,you still have some balances to buy if ever a double dip happens..when a market recovery happens and My second entry hits the price of my first entry i would sell all my second entry for some profits..studying the market and try using different percentage in your every entry,2 to 4 market entry is good enough for this strategy..

There a lots of good strategy to use for trading and the one mentioned above is one of them,It worked for me and many of us, but it's not a guarantee that it will work for you too.So if anyone would try using this strategy and not getting good results,using stop loss is always a good option.

I usually buy new coins on the trading floor, I find that new coins are traded after the ICO period, which usually drops significantly after one week as investors take profits so the thing to do is to choose Good coin to buy in and the opportunity to increase it back is great. I have used it for a long time and it works pretty well.

[pungopete468]

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.