What would you do if the altcoin price dumped?

[joshy23]

I will look at on how the market volume on that dumped coin before I decide what will I do with mine, if the 24H volume are very low maybe I will sell it too. And another factor are how the developer drive the community when their coin are dumped. Just look on how the development are before decide something in this cryptocurrency field.

That's a good  opinion mate, knowing how the team behind are still working with their project will give us a glimpse of possible bounce back, if  we trust the project we should know deeper about the team, how they work and what are the progress of the said coin though the downfall are still ongoing, the dumped is only cause by weak holders for quality and useful coins so holding will still give you a good chance to gain profits, that's how important to know the project and what are the potential growth.

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[Wind_Crypto]

u need to keep thinking abt fundamentals, things like the project concept strength, the experience of the team in executing novel projects etc., in considering the value of the token

[rosmerius]

Actively monitor the market price of each asset you have. Take precautions before you lose all your assets. When a coin already has an indication of not being able to survive in crypto, immediately move your assets to another coin that has better ability to maintain and also increase its value.

[zubaida01]

For me if the price dumped I will buy some coins to hodl and if the price pump I will sell or trade it. If the price dump it is the right time to buy and you should know when is the right time to buy and trade or sell your coin cause if you buy it at pump you will not double your investment. You should have some strategy in investing in the crypto industry so that if you invest you will earn big profit. You should also look first on the good coins so that if you invest you will earn big.

[bellaayu]

If you want to get the advantage you need to buy an Altcoin that has a large volume. And now many investors are declining. Interest to invest a lot of that down because it caused the price of coins are not stable. With a price that is not stable, we have to choose long-term trading strategies.

[dawai asmara]

If in crypto there is only Bitcoin then I will try to own Bitcoin. But if Altcoin disappears now then I will also disappear because I'm not enough to buy Bitcoin. But I don't think that will happen because the market can continue to live because there is Altcoin.

[MBMauL]

If in crypto there is only Bitcoin then I will try to own Bitcoin. But if Altcoin disappears now then I will also disappear because I'm not enough to buy Bitcoin. But I don't think that will happen because the market can continue to live because there is Altcoin.

altcoin as an alternative to cryptocurrency I suppose will not be lost. But if it happens then great reinforcement will occur in the bitcoin. people will race to have a bitcoin because there will only be bitcoin as cryptocurrency.

[restuibu]

if the coin has a dump then I'll buy more then I'll hold it for the long term so I can get lots of profits but before investing I'll do a lot of research so I don't lose a lot of money

[siupang2]

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 some of them have a good project actually that very useful. When altcoin dumps I will sell it ASAP then I will wait until the lowest price that I can have, if it's time I will buy it in the lowest price so I can get more without paying more. It's better than I hold it until price up I think.

[Sendi blackspade team]

if the coin has a dump then I'll buy more then I'll hold it for the long term so I can get lots of profits but before investing I'll do a lot of research so I don't lose a lot of money

Of course you have to do a research first for your investment. most altcoin dumps when the initial is listed on the exchange, we can use it to get a profit. even we can buy far below ico's price. all depends on time, hold with a long time will be very profitable.

[critolika]

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?

all you need to understand is that there is a lot of altcoins now and you need to know that not all altcoins experience dumps and if you are smart in choosing an altcoin, of course, every day there are even one more altcoins that experience the pump. it's true we will still benefit from the altcoin even though the current trend is the dumps.

[FirstCryptic]

Altcoins attract me because of their possible price increase in a short period. This applies to particularly promising altcoins. It's time to buy altcoin and wait for a better time to sell.

[aalborg]

Nothing special, most of alts have been dumped for last 3 months, so I just hold and try to find potential ones, fundamental stories and short term potential gainers

[cryptocyprus]

Although now there are fewer people who invest in cryptocurrencies, not only in altcoins, I think that this will change as soon as the market starts to grow. Now everyone prefers to stick to the long-term policy.

[CrazeCoinz]

It depends on what altcoin had been dumps as not all altcoins worth to hold longer. This should take consideration the adoption of those coins. If those good quality alts will dumps then this will be a good opportunity to buy at cheaper price. Everything has a purpose we should maximize those opportunity.

[tanglong]

The crypto market is a market that has a lot of investments, so Altcoins have more growth opportunities.
Altcoins price will recover soon. We should hold and believe in it.

[Pattart]

I'm not going to sell my coins at such low prices because I think that this market has huge growth rates. do not sell your coins at such prices

Get rid of the thought that holding is the only way to solve problems when prices fall, you have to begin to realize that not always holding is the first choice. when prices fall, you have to look at the reason why ? and you have to examine whether the coin can go up back or not...

[jacafbiz]

There are certain threshold you can't afford to see again, if it is just 10-20% dump then you might sell but 70-80% like most ICOs now, what you need is patient, if the project is sound and you believe in the project you buy more to cushion you loss and maximize your gain in the bull market

[okala]

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 think the only things I think we can do when the price of altcoins is decreasing is to either sell at loses or hold until there is a recovering.  In this market when ever you see a dump just buy and when you see pump sell.  That is the cycle of the market and you need to follow the cycle in other to make money from the cryptocurrencies market.

[drakewear322]

I will hold my current coins and try to make new investments in other coins becasue this is a great oportunity to buy them in low price