DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?

[pant-79]

In general, this is a not bad strategy and it deserves attention. Yes, there is a pattern between the sharp fall and the same sharp rise in price. But it is too naive to ignore other factors. You cannt rely only on the fact that after a sharp fall in prices, it will also begin to rise sharply. First of all, you need to assess the overall situation in the market. Then understand the likely causes of falling prices. Also, technical analysis and candlestick analysis will help assess situations.

[mornabo]

Definitely yes. I do buy cryptos when its price drops sharply because this is the only way that I can afford to buy more and gain more profit not only in trading but also I can make it as an investment.

what if the price continues to decline? because it is very possible when the downward trend occurs the price does not only go down once, but many times? I won't just buy when the price drops sharply, I'll see the right conditions first to buy

[keanne_isaac]

If market goes down sharply I don't immediately buy I waight for the market to settle down or when it startsto climb that's the sign that I'm waiting to get in the market.  We need only to be Patience.

[BlackPanda]

I bought some coins that have good potential. In my opinion this is because now I have the opportunity to be able to buy coins at a cheaper price.
Then I will wait until the Pump happens. I believe that the future of Crypto is so good that this is an opportunity to be able to gain profits in the future.
I invest and I'm sure the investment I make will create happiness.

[futureofeth]

I won't bother about the sudden drops in terms of prices because sometimes they will drop to a lower value, it is always good to check previous day high and low before buying any coin in the market. Of course, it is very good to buy when the prices drop because once the market starts recovering we can make some decent money.

[ufalo3]

Definitely yes. I do buy cryptos when its price drops sharply because this is the only way that I can afford to buy more and gain more profit not only in trading but also I can make it as an investment.

You can do it when you are almost sure that these cryptocurrencies, which you are going to buy, will gain in the future, and do not die like many shitcoins. Now, you can invest in Eidoo and Cardano.

[iged_war]

Definitely yes. I do buy cryptos when its price drops sharply because this is the only way that I can afford to buy more and gain more profit not only in trading but also I can make it as an investment.

You can do it when you are almost sure that these cryptocurrencies, which you are going to buy, will gain in the future, and do not die like many shitcoins. Now, you can invest in Eidoo and Cardano.

cheap price become our advantages to minimize our risk in trading.we get coins on bottom, and i think if it goesdown again not will to much.take falling knife to get maximum profit become good strategy for us.

[astridwi]

your strategy is average down where we place reserve funds for purchases in layers and this puts us in a favorable position where risk is minimized with this, many professional traders use this strategy on crypto trading and some of them succeed

[astik1]

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.

[naruto7676]

That is the method for traders to buy low price of altcoins and always watch the price until it will increase. That's the point so many peoples earn huge money.

[AnimeBoy_007]

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 .

Agree. Not at the bottom, the coin should show the potential to grow, change the trend from down to the growth, than I buy

[sijonru]

If market goes down sharply I don't immediately buy I waight for the market to settle down or when it startsto climb that's the sign that I'm waiting to get in the market.  We need only to be Patience.

The price of bitcoin is like a curve, going down then going up. From this kind of thinking, if you buy bitcoin, it should be when the price drops, because it's just waiting for the price to rise.
If you buy bitcoin the price is already expensive, of course it is risky because the price is likely to fall. Only down or rising prices are large or small. That's what olreh investors are looking for so that profits can be achieved.

[mersal]

It has been a great risk takers only invest why the price was reducing so much that we have expecting if it had been a luck with the support for a investors then he will definitely made some changes in this field but my recommendation not investing and very low price will be useful and the right way also.

[gabmen]

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 .

Agree. Not at the bottom, the coin should show the potential to grow, change the trend from down to the growth, than I buy

Well you're talking like there's a way for us to determine where the bottom would be lol. Any top coin has the potential to grow given time so ny price that seems to go downward should be a good buy as long as you're comfortable with it. Of course it could always go down more but if the coin has potential, the exit price should be way above your entry point.

[bitzizzix]

Everyone will understand selling or buying at the right time and profitably, and buying when prices are low or declining is the most effective choice and waiting for prices to rise and sell them to make a profit.
now in my opinion this is the best time because the market price is still low, and you must be sure there will be an increase at the right time and be patient all will be beautiful in time.

[onrise]

buying when prices can be used as one of the best moments to keep making profits, we can continue to see if we can make it the best moment rather than not doing it because it is the best opportunity

it's true as an example we buy coins at a low price that can generate profits, so don't ever miss a big opportunity like now because the price of coins is still low

It has to be this way I feel that when price dips one should be looking to buy as much as possible so that we can invest more when price is lower and make good gains when the bull run happens or price rises . Also this is the best way for me to invest at lower point and exit when your target is reached .

[sidkz]

yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy

[Experia]

yes a good strategy especially if it brings you income
but I try to wait, after a fall, so that the price goes up, and at that moment I buy

it is depends because sometimes if the price drops sharply there is no chance to recover again in the market and it will lead to loss. It is depends on the coins that is why it is very critical when choosing a coin to hold.

[sulendra12]

It depends on which coins are you referring to. That's why you need to go to the community and check their latest updates, if there is no sign of those than most likely you shouldn't buy anything from them because you are just gonna feeding them with your easy money.

[millgates]

I don't have much money to become contrarian like that. Buy when the price drops sharply is too risky. My strategy for now is buy when the price start to go up so if I do it then it will contribute to the increasing price of bitcoin.