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Author Topic: What strategy we should take when Bitcoin price fall  (Read 1778 times)
notnotok
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September 03, 2018, 12:01:34 PM
 #1

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
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boyknightvn
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September 03, 2018, 12:08:00 PM
 #2

If you don't believe in it - sell it. If you believe in it - hold tightly it Smiley
If you a daily trader, you should buy if the price low and sell it when the price high - very easy, huh ? Tongue
Cheezesus
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September 03, 2018, 12:25:55 PM
 #3

Hold it until the moment when bitcoin skyrockets in price so that you have a maximum profit gain. But if you can't wait till that happens my advise is to sell your bitcoin.

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September 03, 2018, 12:26:04 PM
 #4

my advice is better you hold it first because the price of bitcoin is now still unstable if you sell it surely you don't get too much profit you get, and if you can hold it in the long run this will be better considering the price of bitcoin will definitely go back up and in when prices can stabilize again your chance to sell them is already open and surely you can get many benefits.

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katri
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September 03, 2018, 12:41:30 PM
 #5

if i was in your shoes! the only thing that I will do is to hold the token. if you in crypto for quite some time, you surely know that historical data shows year end is the best time for all cryptocurrency. we are now near to the 4th quarter of the year. This is the beginning of the price pump, so better hold it until dec 2018.
Tapyaks72
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September 03, 2018, 12:49:04 PM
 #6

my advice is better you hold it first because the price of bitcoin is now still unstable if you sell it surely you don't get too much profit you get, and if you can hold it in the long run this will be better considering the price of bitcoin will definitely go back up and in when prices can stabilize again your chance to sell them is already open and surely you can get many benefits.
If you try  to study  the situation how many times  bitcoin price  goes down and then bounces back, it seems that followed a path of a roller coaster ride, of course the better strategy is buy and sell  in short period of time.  But of course if you want a better and bigger profit  try long-term investments.

pinggoki
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September 03, 2018, 12:57:32 PM
 #7

You should hold that coin because fluctuations in the market is very unpredictable, speculations about the prices if it is going up or going down is very useless when you do not have enough knowledge about market strategies.You can try to read the fluctuations of the market price of bitcoin and study the patterns of fluctuations, you might not know but sometimes selling at the right time is also a good strategy, intuition and guts are needed when you want to earn and not lose money on the market.

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Faroxx
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September 03, 2018, 01:01:51 PM
 #8

On this case I have there is one universal advice - hold. Just hodl your coins until better times.

Scavagers
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September 03, 2018, 01:05:35 PM
 #9

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
When bitcoin's price drops to the lowest that it can be, never do panic selling. Even though price went low, selling will only make it worse and you as a bitcoin user will just accept your fate to lose money because of the dump. You cannot recover what you have lost if you have sold it already at a low price. If many people did panic selling at the same time, they would just contribute to the dump.
YuginKadoya
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September 03, 2018, 01:11:34 PM
 #10

I really don't do anything particular when the price drop, In my opinion just calm yourself and stay focus on the profit you really like you don't need to pretty much worry about the value too much because it will sure return to normal, But pretty much if you had sell before the drop then it is your profit then buy back again with a cheaper price, I really think this is a cycle most Bitcoin Enthusiast are already aware of, And if you can not sell on time before the drop it is still OK and proceed with it and wait for another opportunity.














 

 

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Pinkprint
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September 03, 2018, 01:15:42 PM
 #11

Hodl. That's the best strategy in the bearish market.
And buy more at low prizes.
BrewMaster
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September 03, 2018, 01:30:43 PM
 #12

it depends on the fall and the reason for the fall and finally depends on your strategy in the market,. for example as a trader you would do different things than as an investor.

if the fall is a small fall in bitcoin and it is a correction then there is nothing to do but buy more before the rise continues.
but if it is a big fall in bitcoin as a bigger correction then you may want to sell prior to the fall and buy back in the dip but only if you are a trader not an investor.

if it is an altcoin then you should sell when you see the first signs of any kind of fall because you will lose a lot of money if you get dumped on.

Corvin17
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September 03, 2018, 01:39:20 PM
 #13

First, try to hold it for the time being while the price is unstable or too low. Second, you can also try to focus as optional backup like Ethereum and other tokens that is already making progress on the crypto market. Third, don't focus on one thing there are other tokens that can cope up the loss of Bitcoin if you put them all together.
Gozie51
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September 03, 2018, 01:51:14 PM
 #14


if the fall is a small fall in bitcoin and it is a correction then there is nothing to do but buy more before the rise continues.
but if it is a big fall in bitcoin as a bigger correction then you may want to sell prior to the fall and buy back in the dip...

You are the one who came close to the way I would respond to op's quiz because I see it as a quiz and most people are saying to hodl. I believe also that there are certain times for hodl and when to sell and wait for another time to buy rightly. If you have the premonition that price is falling badly having checked your trade strategy, then why do I need to hodl when exchanges are all waiting for me to click the buy request when and anytime I'm ready to buy.

...but only if you are a trader not an investor.

I'm thinking the same way could also go for an investor since selling and buying back would give different profit.

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rightway00372018
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September 03, 2018, 02:12:53 PM
 #15

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

The best thing that we should do when the price of bitcoin price is falling is to hold and wait wait the right time to recover because selling when market is red is not a good solution but instead it risk our investment capital.
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September 03, 2018, 02:22:16 PM
 #16

The strategy i use when bitcoin price fall or any other coins and the strategy is the best to me, it has also help me high time. The strategy is buy more at the low prices. Then sell when the price increases. The second is hold and anticipate for future hype
Daniel91
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September 03, 2018, 02:26:29 PM
 #17

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?

It depends.
When you bought bitcoin?
If you paid for bitcoin more than you will receive it now, if you sell, it's definitely very bad idea.
In such case, just hold your btc funds and wait for the price increase.
In other case, if you will be in profit if you sell, than sell if you need money urgently and can't wait more.
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September 03, 2018, 02:27:57 PM
 #18

I think for the current situation is to hold it back. If you can buy as much as possible because this is a very promising investment. Bitcoin will not have long enough to experience an increase that will make some people regret not buying it at this time.
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September 03, 2018, 02:36:45 PM
 #19

The strategy i use when bitcoin price fall or any other coins and the strategy is the best to me, it has also help me high time. The strategy is buy more at the low prices. Then sell when the price increases. The second is hold and anticipate for future hype
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September 03, 2018, 02:45:54 PM
 #20

Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
if you are still in a state of confusion to understand the market then I suggest you should learn and understand the market situation first, this investment is very risky for beginners

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