What would you do if the altcoin price dumped?

[jaicos88]

our opinion is better to get a lot of bitcoin at a time like this, because we will also generate a lot of profit at a higher price, so we will do a lot of bitcoin in the future.

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[Mikcik]

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?

Naturally when altcoins are dipped
It is the best decision to buy if you can afford it

Don’t buy when market is glooming green
Don’t buy when green candles have reached market levels

But to overcome; you need to keep a close check at your portfolio and don’t be left behind

Alright, the only best thing to buy when the price of altcoin is dipping. There is no reason to not buy altcoin.  But those weak hands are knowing the dump moments of altcoins are the best time to selling their stash. I guess the majority of newcomers have no knowledge about that.

So you will buy when altcoin when you think it on the dip? How much ETH have you bought, as far as I know ETH has dropped from 1300 to the lowest price this year is ~ 400, during that time how many times have you thought altcoin is at the dips

[Milado22]

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.

[rumoo42]

When you fall, you either sell it early, or you can hold it for a long time, waiting for the future price. Don't look at it. It doesn't make sense. Of course, you have to hold quality projects.

[Gogochen]

They are interested in altcoin because of their potential exchange.
Most of the time, these altcoin only have the value of hype, which is a zero-sum game.

[jemarie20]

I think if the price of altcoin dumped its better to buy a lot of good altcoin in the market and sell it when the price is back on what we are expecting, and i hope it back again in the near future because sometimes the price of altcoin is easy to increase than other coins in the market like bitcoin.

[hydrococo]

I did see that the longer the market is indeed getting down. There is a sense of worry had indeed. However, I know that crypto does have a different pattern. The key is to be patient and keep believing.

[Siblack]

I think altcoin is a coin that has a good prospects in the future. besides, altcoin is also good for short therm trading, and therefore we can get profit quickly. to overcome the dump altcoin it would be better if we hold it until altcoin prices is stable again. because if we sell it now with the cheap price then it will make the altcoin price are getting down.

[lan.anh63]

Keep holding on your tokens and buy more.
this will give you more income in the future once the market gets the pump.
If you will sell your tokens or holdings at dumped you will lose a lot of money.

[DungPhan]

Altcoins increases or decreases very quickly,you can not even sell them. If bitcoin is reduced by 10-20%, altcoins will reduce up to 50%

[FreddySelvig]

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 can bring a good income, because they fall as well as they grow. High volatility gives many opportunities for earning money in the market, you just need to use it correctly. First of all you need to get rid of all emotions, and do not be afraid that something will go wrong.

[santiPOGI]

altcoins going down?
well i am ready with my BITCOIN and ETHEREUM!
i can ready my orders anytime.
the best thing to have is the fall, i can catch that bird and let it fly again.
that means a lot of golden eggs.

[svobodnyi]

Stopping the fall of bitcoin may interest in buying altcoin! Because altcoin repeats bitcoin, but because of their small price, you can make a big profit

[binghope]

If altcoin prices are down, I would choose the good altcoin and patiently hold, because I think the market will rebound and the Crypto market will grow steadily. That's why I believe in them.

[dark08]

altcoins going down?
well i am ready with my BITCOIN and ETHEREUM!
i can ready my orders anytime.
the best thing to have is the fall, i can catch that bird and let it fly again.
that means a lot of golden eggs.

Thats a positive minded I always look for a downtrend for bitcoin to open a buy order in order to get a piece of bitcoin this is a good strategy because you get bitcoin in a low price, but if you are day trader this downtrend is not good you will get a bad result maybe losing some money in a short time.

[Chicksteen]

our opinion is better to get a lot of bitcoin at a time like this, because we will also generate a lot of profit at a higher price, so we will do a lot of bitcoin in the future.

When altcoins dumped I cut the losses and sold them because it might fall for more, the earnings from it is used to buy some bitcoin and since bitcoin also in dump, there is where I hold it. I did it in every tokens I have. I have to generate profit to other coins using the altcoin I have especially when the coin cannot see to recover in the market soon.

[fcklife]

If the altcoin price dump, I would try to buy more very cheap so when the market start growing I make profit.
But I will analyse the one with potential, good product and a strong community, team as well.

Having some research to the specific altcoin is good before investing. I also tried to bought altcoin when the price is low and I gained profit after weeks of waiting.

[four199]

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 coin I am evil that increases sharply and I will sell them and wait for cheap days and buy back

[Fugaga]

Investors should learn how to diversify it's investments, during so, you need altcoin projects to invest,
Mostly, dump in the market is an avenue for investors to store and sells them when the price is high.

[Benarand]

People are attracted to investments in altcoins only because they have a very low price and there are growth prospects. It is easier to grow altcoin from a price of 1-2 $ to x2-x4, than the same BTc or ETH several times.