Three things you should not do when Bitcoin prices drop!

[emberbekas]

Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.

I agree with "don't jump into a coin when the price has jumped too high". Usually there will be a correction in price before the trend continue or changed. Btw, in trading everything will look very complicated especially what is the right time to start to buy and what is the right time to make sell order. Each person must have his own way and it differs form one to another.

[kirisakidaichi]

1. You should not be afraid and sell your bitcoins.
2. You should buy more bitcoins when their prices hit the bottom.
3. You have to persist and store your bitcoin for long.

Yes, that's probably one of the ways you do when the price of bitcoin goes down. But it all depends on what you choose because all the decisions are in your control, my advice is to think carefully and wisely before you make a decision.

[lamcouz]

Whereever there is a pump, people don't care much about what they are buying. As long as they have that feeling of getting rich quick overnight and until they are buying in. At least this is what majority of people do. BTC can be used as a currency but mostly it is used for trading and for flipping money with other altcoins etc. Of course all of them are correct. Everybody should have the right to believe in what they want, it is their choices in life..

[LyQaN]

For an investor it is important to know that what he should when the price falls.First of all he should not panic.By panic selling he will just make his investment disadvantageous and useless.He must have enough patience to hold his coins in hard times.If he will hold and wait for the right time then he will surely make his investments gainful.One more thing an investor can do is to start trading.By trading he will buy and sell on regular basis and in this way he will be able to cut his losses.

[rajesharora002]

i think  when bitcoin prices drop
1. check the highist price  wait for droping. and  sell 50% and hold balance
2. wait till price rebond
3. than buy bitcoin and stop loss at lowest price

[Haxor321]

Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Panic Selling, because we all know that many people are always in the mode of panic selling because they believe that their funds is in trouble and will drop too. Next is not being wise. We all know that today market drops and many people are using their money in such things that they didn't need so be wise on using it. And last is Strategy builder. You must know some strategy in order for you to earn profit even if market drops.

[malah]

I think, when the price of bitcoin goes down, the market will also go down because almost all crypto will have a low price, and at that time I will hold the bitcoin that I have and I will patiently wait until the price recovers

[zubrr51]

The main thing is not to worry if the cryptocurrency that you bought began to fall in price. After all, after a while it will grow again.

[Vansoff]

We shouldn't be frightened or anxious when we encountering defeat on the grounds that as we recalled this framework are typically has a high unpredictability, along these lines, the destruction is exceptionally regular things to happen.We need to accept that and make plan accroding to this.

[innocentone]

Do not stare at the Chart all day!

I really do agree to this thing because nothing will happen if you stay looking at the chart all day. It is right that just stick with your strategy and everything will be fine. And also, you can do other things too when bitcoin price drops. Go walk or go to your otber stuffs. Dont just stare at the chart all day because it will be really tiring

[wxa7115]

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

Panic selling is a very interesting thing to watch, because when the prices are going up people show a lot of bravery saying that they are going to hold their coins no matter what happens, but when the bear market appears suddenly all that bravery disappears and they sell their coins as fast as they can, I understand this, they want to protect themselves and their savings but if they were not willing to hold their coins for a long time then what is the point of buying bitcoin in the first place.

So all of those that sell in panic need to make a fair assessment of their personality and their characteristics as a person and if after that analysis they understand that they are unable to hold bitcoin for the long term then they should not buy it on the first place.

[abhi777]

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.

Curious advice. As for me, it is better to hold Bitcoin during this time and do not do anything with the cryptocurrencies. As practice shows, this strategy works always.

in my opinion, three factors that we don't need to do when the price of bitcoin goes down is don't buy a lot of bitcoin, don't ever leave bitcoin and don't save a lot of coins.

[seagates]

Do NOT panic
Do NOT sell
and please do NOT write hysterical twitts

[saumang2m]

You should never panic when the price of Bitcoin is low. And whenever the price of Bitcoin goes down So you should never have your own coin sale. And you should wait this time. Because the price in Bitcoin is not the same all the time.

[akramali]

Do NOT panic
Do NOT sell
and please do NOT write hysterical twitts

ahha) everything I wanted to say, you read my mind HODL and be patient guys)

[blueteam09]

Do not sell your coin when looking at your coin soaring!

Why can not we sell our Bitcoin as it dramatically increases? I think it's a good idea to sell them when the price goes up, and you are profitable if you sell it. Accept a high rate to make a profit and buy back after it starts falling back. Move wisely in this market.

[Nnedaddy1]

Do not fomo and then get rekt thereon.
Do not dump your portfolio at loss because of fear of uncerntainty.
Do not go about writting epistles that negatively portrays the cryptocurrency market.
Hold your coins even tighter.

[romantic007]

Totally agree with your points! It's something every person here should know. I also think that it's very important not to spread panic in the society even when you're upset and afraid.

[Nurshazwani]

Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Thanks for the advice and the other thing is to keep calm and don't panic because there could be an argument made by both seller and buyer

[DisWhale]

One thing about Bitcoin investment that most people fail to learn is that the crypto market does not move in a smooth upward motion. There are times the market goes up and times it goes down. One thing that is certain, the market is gradually making a collective rise irrespective of the ups and downs seen sometimes. Bitcoin has seen a collective rise in price comparing it to its price in about two years ago.
Lets exercise some patience, Bitcoin will definitely rise again.