What would you do if the altcoin price dumped?

[lifesgood10]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

For every dump
I have bought and hodl more
And for every pump I have gathered my profits
That’s the main purpose of trading and investing in the first instance
Let’s be fast and prompt

[Oyali]

There are different options who you can do. The most of the professional traders are working and trading only with a stop loss. If you have forget to set a stop loss then you have two opportunities: sell directly or hold till the price increase.

[goku1525]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

For me there is no point in selling now, all I can do is just HODL and as long as you don’t sell you aren’t really losing of course if you believe in project that you invested. Good times are ahead of us!

In terms of dump I rather to hodl my coin until the volume explodes at higher prices, this is our advantage to buy more cheaper coin due to the prices is affordable. As long as still exist it always have a potential to rapidly growth so better to hodl for a long term investment.

[bungutko]

The usual way to do is to buy more when the price had dip and hold your alts until it will make a full recovery. Don't sell your coins since you end up losing your investment. It is normally happening in the crypto market and you should be use to it later. Just patiently wait for the bullish market before planning to sell your coins.

[camryku]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

I would buy as much of it if the altcoin price is wasted because who knows next year or next month the altcoin price will come back and I can sell and make a profit then even if the altcoin price is down now I prefer to hold altcoin and wait for altcoin prices back

[chickinini]

Stick with bitcoin dude,buy more solid alts at the bottom? wait for the market to recover so that you can maximize your profits.I have been doing this method for quite a while and i can say it gave me me peacefulness whenever the market has been dumped because you can still get profits.

[Turkish88]

When price dumped we have chance to replace our investments to other altcoins which you more prefer for now

[sujonali1819]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

If the altcoin is most promising and potential then I try to hold the altcoin till the price goes up at past price. If the coin will not promising or hype coin then I try to sell as soon as possible and try to rebuying the coin after some days. Or if I find any coin which can give me sure profit then I try my investment to these coins so that I can recover my loss.thanks

[tailor.and]

When the price gets low, it becomes a great scope for the investors to invest in this field. When the price will rise they can make good profit by selling it. So, holding coins in bearish situation is also necessary.

[camelson]

Wait, Wait, Wait ... is the simplest strategy to deal with such situations.
I usually hold altcoins and buy some more when they are dumped. And after a wait of three or four months when the price is pump, I sell all the coins I have.

[happy weblancer]

And what do you do when your altoins are growing? too, as in the fall - trading! If, of course, you didn't go to the crypto market one time - multiply your income by 10 times.
The crypto market, like any other financial market, is a living structure that is constantly changing. Do it on the same as in other markets. And if you don't know what to do, then don't go to this market!

[jc89]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

Altcoins, as from its name itself, is a good alternative coin for Bitcoin. I prefer using altcoin, particularly Ethereum, over Bitcoin when having transactions. Not only that Ethereum is fast in terms of transaction speed but it also offers small transaction fees. This is the main reason that I am into altcoins as soon as I get to know them.

I rarely do anything when the price dumps. I am holding still my coins and tokens unless I have to sell them and convert to fiat.

[CurrencyIntel]

Well, there are lot of good altcoins in the market. But somehow the market is weak at this moment. But I will suggest you to keep patience and hold the coins in this situation. Don’t get afraid the market of BTC has already started to recover and soon there will be a massive change.

[JamesR1]

I will keep patience only waiting for unknown future . it is life nothing grantee forever even life itself so nothing to do than stay relax with patience , actually now i am loosing with some altcoins more than 40 % and bitcoin 25% .

[bhadz]

Please explain to me what makes you interested in altcoins?

I want to expand my portfolio so I also hold few altcoins that I think will be worth it someday.

And give me an explanation of what you will do to overcome things when altcoin the price dumps?

I don't get myself emotional if the price is dumping hard, you become emotionally, you lose the game and start panic selling.

[pambud]

What we have to do is wait and see , Crypto market unpredictable for me I hodl my altcoin no matter what , even I buy some more altcoin , I hope next year there will be changes .

[GalenResty]

Altcoins provide a wide range of facilities. Among the altcoins, Ethereum is the most promising one. The prices of altcoins keep fluctuating so when the price dumps, we only have to be patient and have enough trust in it to overcome the situation.

[spaso_87]

Lately, we know the market price of altcoin weakened. Whether or not the purchasing power decreases. Please explain to me what makes you interested in altcoins? And give me an explanation of what you will do to overcome things when altcoin the price dumps?

in my opinion, there is no altcoin price that is thrown away and so now many people who invest in altcoin because  altcoin and bitcoin have decreased, therefore if altcoin price is discarded everyone must be confused and will get money and profit from where

[castiloros]

When the weakened altcoin of course only holds which is the best way. In addition, there will be no other more lucrative things especially if it sells. It could be just to buy to add to the amount of investment and it is thus also a good thing. but don't be too imposing capital.

[evok3d]

We must immediately put a stop-loss for sale of 5%. So you avoid a strong drawdown deposit and will be able to continue trading