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Author Topic: planning for down market  (Read 1095 times)
Victorycoin
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July 09, 2018, 06:22:12 PM
 #121

the best strategy is to dump the big coins that you have been bag holding and then moving on to the good smaller shitcoins that are getting pumped. enjoy their moment of fame and then moving on to the next pumping coin to constantly make profit.
I see someone getting doubly and thoroughly burnt by following your suggestions to move from well established cryptocurrencies to shitcoins! In this business of buying and selling of digital assets, patience is such an indispensable virtue, those that fail to have it, almost always end up running from pillar to post. A right thing to do is to continue HODLING, having held it thus far, until price reverses and which is most likely as long as it's one of the main cryptocurrencies.

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ryan2018
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July 21, 2018, 12:11:40 AM
 #122

when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.

This is a golden opportunity for us to invest long-term in the world of cryptocurrency. Many Altcoins have good projects that are undervalued. I suggest for all of us, select at least 20 quality altcoins, and keep at least up to 3 - 10 years ahead.
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July 21, 2018, 12:14:19 AM
 #123

If anybody in this group knew how to time the market correctly to that degree they wouldn't be here. They would be flying their Gulfstream jet to their private island for the winter. And they sure as hell wouldn't be telling anyone else how to do it.

For me when the bull market starts getting old I just accumulate more btc as opposed to buying more altcoins. But I never sell a good alt. I just wait for more buying opportunities.
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July 21, 2018, 12:17:11 AM
 #124

I usually don't keep any of my trades overnight and especially don't over the weekend. I also set very smalls goals for myself regardless of how much people or analysts may think an alt will go up by. Day trading on an hourly basis has proven to work for me and also minimizes risk so I stick with this strategy.

Also, for times like this where the market is red for consecutive days or even at times where my luck is just terrible, I just take a break. Trading is a skill, you're not always going to read the market well.
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July 21, 2018, 12:26:07 AM
 #125

when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.
If the market is down, the best thing for you to do ia to hold your coins so.that youc an gain a lot of profit when you sell it when the market recovers.
I think it is appropriate if you buy a coin when the price drops,
for example you buy bitcoin at 6000 $ and now become 7000 $ you already get profit 1000 $
An0nyMoose
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July 23, 2018, 11:24:56 AM
 #126

Mostly my strategy is the same, when the market is falling I just wait for it to fall further and when it seems like the price has bottomed out and is starting to regulate at a particular position then I buy in wait for the next recovery. Selling during a down market is really not an option for me, I don't make my living off of cryptos so I can afford to hold my coins and wait for the long run.

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July 24, 2018, 09:32:43 AM
 #127

At the point when economic situations crypto showcase is declining better don't think much to make the most suitable exchanging methodology in light of the fact that in actuality just a single technique is most proper when economic situations like that is make a buy or begin to enter the market to contribute, the reason is on account of it might be later on will come we won't see economic situations with the cost of crypto as shabby as now.
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July 24, 2018, 11:46:10 AM
 #128

I used the bear market to study and learn from mistakes, and ultimately, prepare for the next bull.

If you do or are doing the same, you'll be fine long-term. Adoption has not happened yet. But it will. We are early.
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July 24, 2018, 11:55:45 AM
 #129

when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.
If the market is down, the best thing for you to do ia to hold your coins so.that youc an gain a lot of profit when you sell it when the market recovers.
I think it is appropriate if you buy a coin when the price drops,
for example you buy bitcoin at 6000 $ and now become 7000 $ you already get profit 1000 $
The bitcoin has already grown to 8,113 and I think it will go further up, but it's hard to say about the altcoyns, they did not follow it, so when they start growing it's hard to say. Therefore, the strategy to buy bitcoin for 6000$ still justifies itself.

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July 24, 2018, 05:16:49 PM
 #130

My plans are to monitor the market and wait for the best position for me. Crypto market is always good: when it falls, and when it grows. Differences make it possible to sell more expensive and buy cheaper. When the market just falls and does not grow, I just wait.
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July 24, 2018, 05:21:53 PM
 #131

when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.
when the market drops so low my planning usually endures with the existing conditions, and I also think that a good plan in dealing with the decline is to hold first and wait for stable or improved conditions.

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July 24, 2018, 05:22:10 PM
 #132

In the event that the market would continue going down for the following couple of days I'm simply going to purchase increasingly digital currencies. To fence my dangers of misfortunes as a result of the decrease in the market. It is extremely unlikely that the market does not go up.
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July 24, 2018, 05:24:47 PM
 #133

Plan by selling when it's high, I've been buying it up on the dip as I sold around 12-15, got greedy when it was 19k and learned my lesson.

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July 24, 2018, 05:27:04 PM
 #134

It's a wrong way to sell when the market falls, and if you have a lot of bitcoins you can keep it on, if it's altcoin and try to sell it to USDT.

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July 24, 2018, 05:33:37 PM
 #135

The best thing you can do if you don't know what to do then translate everything into USD. at least you won't lose anything.
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July 24, 2018, 05:34:19 PM
 #136

If I had stayed in BTC, I wouldn't have lost my profit. For the people like me, the best way is hold now. I hope everything will be fine soon

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July 24, 2018, 05:48:29 PM
 #137

When the market falls I just wait. I'm not nervous or panicking, I'm just waiting. Crypto market cannot fall all the time. I do not buy coins at the top, I buy them at the bottom. And even if the coin is still falling, I know it will rise even to a price that is higher than the purchase price.

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July 24, 2018, 06:08:43 PM
 #138

I think it's best to be prepared for everything and not to keep coins that can not bring profit ..

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July 24, 2018, 11:31:22 PM
 #139

when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.
If the market is down, the best thing for you to do ia to hold your coins so.that youc an gain a lot of profit when you sell it when the market recovers.
I think it is appropriate if you buy a coin when the price drops,
for example you buy bitcoin at 6000 $ and now become 7000 $ you already get profit 1000 $
This method is already a lot of people who already know, but the fact is if you have money $ 6000 I will be sure you will think thousands of times to remove it. It has become a dilemma for everyone who wants to buy bitcoin because of the issue of pricing, the bitcoin price has dropped dramatically but the person wants the bitcoin price to be lower than that.
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July 25, 2018, 03:41:00 AM
 #140

By and by I am will deal with not checking the market each day. No need and it just brings stress. Possibly once every couple weeks verify whether we are at a potential floor yet attempting to time it with any more granularity than that is simply betting except if you are super gifted.
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