Three things you should not do when Bitcoin prices drop!

[jpnl0008]

You are absolutely right more especially selling coins out of panic and also staring at the chart all day can actually give some one hypertension cause they are emotionally attached to bitcoin

[bitvelk]

Many investors generally recommend not to watch the price of bitcoin if you are investing in the long term. As a result, the price will still recover, and you will only spend your nerves, and it's good if you do not succumb to panic.

[Jannn]

True indeed. Too many people trying to catch Bitcoin or other cryptocurrencies at their lowest. They should actually be trying to buy in at as low as they can, rather than the lowest possible. Catching the bottom of a dip is extremely rare, so don't be afraid to buy even 3-5% higher than the base of the dip, so long as you are some distance from the ATH when you buy in, you will stand to make a profit in the long term.

[pavka]

I try my best to stick to the strategy you described, but I can say that this is incredibly difficult from a psychological point of view. When everyone is talking about the fall of the market, the incredible losses of investors and the like, of course there is a fear of losing everything.

[Younasrajput]

Simple thing is dont get greedy sell your coins if you geting profit....

[Wish 107.5]

Many investors generally recommend not to watch the price of bitcoin if you are investing in the long term. As a result, the price will still recover, and you will only spend your nerves, and it's good if you do not succumb to panic.

If you still watch it, you will just become anxious about it. For me, the fist you should not do is selling or trading. Never trade your bitcoin when the price is dropping, you will only get a low profit.

[thankyoulord]

It's simple. Use the mechanics of other investment lessons to treat Bitcoin investment also.
First and foremost, do not panic. panicking can only lead to impulse actions, and this can make you make some trading mistakes like selling off your coins. Bitcoin has fallen to ground zero before, and has also risen to its peak too. So this is a proof that even if the prices fall, it will definitely rise again, it's an investment.
Secondly, don't follow predictions. People who are worrying will definitely infect you with their ill mentality. Stay off those kind of people with weak emotions. 
Thirdly, stay off the charts.

[Sam San]

Many investors generally recommend not to watch the price of bitcoin if you are investing in the long term. As a result, the price will still recover, and you will only spend your nerves, and it's good if you do not succumb to panic.

If you still watch it, you will just become anxious about it. For me, the fist you should not do is selling or trading. Never trade your bitcoin when the price is dropping, you will only get a low profit.

when the price falls, you need to either prepare to buy or sell at the beginning of the movement down and buy when you think that the movement is over. even to buy it for 10$ cheaper will turn profit.

[richminded]

Guys I will just sum up my experience here in the market in just two lines as below:

In Investing, always remember that Rome was not built in a day

&& In Trading, always remember that Hiroshima and Nagasaki were destroyed in a day.

So whenever the prices of the bitcoin and other crypto coins drop, instead of creating panic, you should maintain your calm and act wisely!

Great thoughts in life, its true I really like the idea of this one. We should be more wise so our hard works will be paid off later on. Investing/trading is not so easy it requires everything, and we should always remember that. There is no guaranteed in this market, when the market drops no guaranteed that it will recover right away, we need to be wise and have patient. Panicking is not good, just make a clear strategies when the market drops again.

[wxa7115]

I think everyone knows that buying, and holding back are decisions that must be made when the market drops.

reduce trading activities, or short-term trading and short-term investments can result in little profit.

The problem with many traders is that they concentrate themselves in obtaining short term profits and while that may work for a while it is not going to work for the long term, the market of cryptocurrencies is incredibly unstable so it is better to set yourself long term goals that you can achieve instead of unrealistic goals that are impossible to achieve in the difficult conditions of the market in which we find ourselves to be in.

So the best thing to do right now is to just hold your coins and try to find the perfect moment to enter in this market, because even if I expect a recovery at the end of the year it is not going to be anything close to what we saw in the previous year and people need to accept that fact.

[rodskee]

The most important things need to knows of the holders and investirs if the price is dropping
Do not panic selling to avoid cause of loses some of the cause of loses is panic selling
Need to learn themself how control panic during the price drops
This strategy are very effective ways during the price drops

[hisuka]

The most important things need to knows of the holders and investirs if the price is dropping
Do not panic selling to avoid cause of loses some of the cause of loses is panic selling
Need to learn themself how control panic during the price drops
This strategy are very effective ways during the price drops

This is also good never panic selling when the price of bitcoin drops. The most mistakes of other users has was selling right away to avoid loses. Well, in fact the more they are on panic selling the more they suffer of losing their coins. Patient and be calm is necessary this should be carried by every users.

[jozymens7]

As for me, what I personally do which has been helping me is that, when the prices goes down, I try my best to sell or exchange all my coins I have into USDT which is a more stable coins even if prices goes down.

[jaydenbox]

I totally agree with your points, people miss them alot, if you are here to make money and trade there is other ways, but if you invest all the money you have and stare at the charts, and invest in the FOMO, there is a big chance you will lose what you invested by doing the wrong moves, think about the long term, or be smart about trading.

[AliMan]

I totally agree with your points, people miss them alot, if you are here to make money and trade there is other ways, but if you invest all the money you have and stare at the charts, and invest in the FOMO, there is a big chance you will lose what you invested by doing the wrong moves, think about the long term, or be smart about trading.

I think the three things that we shouldn't do are selling and trading our coins or buying cheaper coins without looking its if that coin have worth. We should wise even more especially in cryptocurrency because before you earn to it, you need to know that its not easy to do, you need to strive more and need your time and effort. So doing the dos and donts will help us to avoid mistakes.

[meritbygrace]

DO not panic ,do not sell by dumping and do not raise force alarm.

[paul gatt]

1. You should not keep too much bitcoin.
2. You should not buy bitcoin at this time.
3. You have to be patient and wait for the bitcoin to rise again.

[Limsam]

I want to add 1 thing is that do not be a panic seller. Whenever bitcoin price down, people tend to be worry, panic and sell their coin. But i think you will regret soon, just hold and do not sell

[YoungPalom]

Don't lose your mind
Shouldn't make the decision hastily
shouldn't ask women.

[wizardcrypto]

to my own opinion never buy because price are droping , it could a  trap. always use fundamental analysis and technical analysis. this will really help you you catching out huge profit. never be too greedy or fearful to take decision.