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Author Topic: What would you do if the altcoin price dumped?  (Read 3507 times)
Re.won14
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July 04, 2018, 05:16:36 PM
 #121

I still believe that altcoin will still recover mostly those that has a good project and product and just waiting for a good investor.
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July 04, 2018, 05:21:29 PM
 #122

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?


What makes me really interested in an altcoin is its use case. Is it going to be relevant? Will it be useful? You can't have a long-term goal with a coin/token with no real use case.

Each trader/investor has their own strategy whenever there's a price dump. Some will quickly sell off all their holdings and probably wait for the price to go down further then buy again. Some will just hold and accumulate more while the price is dumping.
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July 04, 2018, 05:24:39 PM
 #123

The whole market is bearish so is with altcoin. But don't worry it will bounce back soon. I find many altcoin to give much profit if you can choose the correct coin. I like this thing about this market much. Wait till the price rise. Nothing else can be done.
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July 04, 2018, 05:25:57 PM
 #124

If its a legit project and team then you just have to wait. Always just DYOR
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July 04, 2018, 05:33:05 PM
 #125

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?

Well the only thing keeoing me going is my hope and belief in the market. I have realized the market can still make a rebound and so i atill continue to hold on to anything that I have. For example, if I had sold some of my alts i wouldn't have enjoyed the recent profit increase over the past three days.

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July 04, 2018, 05:42:55 PM
 #126

I buy more coins that I want to buy earlier. It can be for long-term. Or for strong coin that have some valuable events in the closest roadmap. But weak market mean weak hands and it can be used in the profitable goals

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July 04, 2018, 06:15:12 PM
 #127

I buy more coins that I want to buy earlier. It can be for long-term. Or for strong coin that have some valuable events in the closest roadmap. But weak market mean weak hands and it can be used in the profitable goals

If you have free money, then now buy altcoins for good price, as soon as the market begins to grow, most coins will rise in price and make good profit to you.


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July 04, 2018, 06:20:07 PM
 #128

I'll sell those tokens and hold my bitcoin. If I found an altcoin that has a great signs of pumping then I'll buy that altcoin and sell at the top, always use indicators it's the best way in scalping profits.
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July 04, 2018, 06:55:06 PM
 #129

What I do when the altcoin market has a clear hard dump to buy Bitcoin because altcoin follows the price of Bitcoin so if we buy in the dump, we tend to get the lowest price of Bitcoin while later on the price increase from Bitcoin will be very fast once Bitcoin is above then we switch to altcoin because usually after a high rise of Bitcoin will be followed by altcoin.



 

 

 

 

 

 


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Tigerw
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July 04, 2018, 06:59:35 PM
 #130

What I do when the altcoin market has a clear hard dump to buy Bitcoin because altcoin follows the price of Bitcoin so if we buy in the dump, we tend to get the lowest price of Bitcoin while later on the price increase from Bitcoin will be very fast once Bitcoin is above then we switch to altcoin because usually after a high rise of Bitcoin will be followed by altcoin.
I, too, are all that any decision needs to be taken based on the current situation or another point. To guess their actions or omissions on the situation with the crypto currency market does not make sense.
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July 04, 2018, 10:03:16 PM
 #131

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?


It is a known fact that the price has deeply gone down but that doesn't mean you should also dump. In fact, it's absolutely crazy as you dump when the price has gone down. What you should do is to hodl whatever coin you're you have
CaptainCaptcha
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July 04, 2018, 10:13:01 PM
 #132

The best thing you could do is to hold patiently, if that altcoins seems like a good option and is presented as reliable then you can be sure that its price will rise again, drops and increases on the prices are a normal thing on cryptocurrency trading.
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July 04, 2018, 10:23:41 PM
 #133

When the price of the altcoins dump, this is the time to show patience as well as the experience of trade. I always analyze the exchange rate to predict when the exchange rate to the bottom to continue to invest, not panic sell to cut losses. As the rate of cryptos decreases, it is a great opportunity for you to invest in it.
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July 04, 2018, 10:31:56 PM
 #134

The best thing you could do is to hold patiently, if that altcoins seems like a good option and is presented as reliable then you can be sure that its price will rise again, drops and increases on the prices are a normal thing on cryptocurrency trading.
This is the thing that we can do when price of the altcoin dumped is to hold than panic sell. You are right this is normal in the altcoin market and not stable value. I invests in some altcoin because it also a profitable so hold while you can.
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July 04, 2018, 10:51:57 PM
 #135

Basically, altcoins give me the chance to get the new things. It is not only about the money, but also the knowledge of investment and trading system in a business. I get many things from crypto especially the profits and earnings easily. When the price is dumped. what I need best is only waiting for the price higher when buying. So, I will not lose more money.

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JeffreyBasil
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July 05, 2018, 06:22:10 PM
 #136

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 like Lisk, ICX and PRG are pretty profitable. Especially after the projects they are coming up with; PRG launching paragon space and seed to sale tracking system, they are definite to rise and if they dump, it is not a problem. With the pace it has, it shall recover very soon.
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July 05, 2018, 07:03:59 PM
 #137

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?

The coins like TAU, ADA and QSP are very successful and in case they get dumped, the investor should be very calm, because they shall rise very soon. It is not something to be worried about.
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July 05, 2018, 07:10:10 PM
 #138

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?

The market is now really not the best situation, and the prices for all coins are reduced, but even in this case I still keep my coins for a long time because I'm sure that the market will recover.
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July 05, 2018, 07:41:02 PM
 #139

Im waiting for pump, sometimes few month, sometimes sell it if not believe in project.
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July 05, 2018, 07:50:14 PM
 #140

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?


The market is volatile and that is the reason why it will not always increase, if the altcoins are dumping today then the best thing to do is hold your coins or invest a huge amount.

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