Best Thing To Do When Cryptocurrencies Price Dumps!

[Jellachrist]

Cryptographic forms of money experience a progression of market changes, "with a large portion of the ongoing variances winding up in a sorry situation". In such occasions, individuals do get frightened and befuddled. That is on the grounds that they consider it to be a misfortune. However, for me, I don't see it that way. Rather, I consider it to be an extraordinary open door for MASSIVE speculations with HUGE benefits. How? It's simple! At the point when the estimation of the Cryptocurrency dumps, it makes purchasing considerably more reasonable. With this, I 'Purchase In Bulk', watch the market changes, and clearly, when advertise values hit their pinnacle, I Sell! Making an 'Immense' heap of benefit. what's your take? just my opinion.

Best Reguards

JellaChrist.......

[WillyZ]

I would sit back, relax, listen to some crypto covers on YouTube, laugh and wait for the next bull-run while accumulating as much cheap coins from the market as I can.

https://www.youtube.com/watch?v=MAcFrToY0Uw 

[Red-Apple]

your best choice is to cash out and stay out for as long as the cryptocurrency dumps are going on. specifically if you are in altcoin market because the dumps there are always big and they last a long time. for example buying altcoins now is foolish unless you are buying altcoins that are currently getting pumped in the current market situation.

[Shatterlean22]

As per my experience its always a lose to sell when market price dumps ,the best thing to do when dumps occurs is to keep cool and wait ,cryptocurrency is like weather seasons ,it will always change,all I can do is keep gathering more coins and tokens till bull arrives

[Anti-Cen]

Well the answer is sell but some people are a bit slow to get the message and I cashed most out at $18k after fees hit $55
and i did warn you all to save your shirts.

Lightning did nothing to save you, like I said because its just a load of mini banks that the miners run
https://www.zerohedge.com/news/2018-11-20/whats-happening-now-crypto-devastation-collapses-hash-rate-forces-miners-dump-rigs

L@@K mining rigs are going in the bin  

[Kakruzo12]

No matter pump or dump takes place, first of all, you have to remain emotionless and stick to your well-thought plan that must be prepared in advance. The flow of emotions may ruin your plans, so, first of all, you must be cool blooded.

[btc_angela]

No matter pump or dump takes place, first of all, you have to remain emotionless and stick to your well-thought plan that must be prepared in advance. The flow of emotions may ruin your plans, so, first of all, you must be cool blooded.

I guess its really hard to be emotionless, just look at how many threads we have seen in the last couple of days asking for advise. And it looks like others are giving up already. So its either you sell off today and wait till everything settles down, or just keep holding and accumulate more in this dip.

[Anti-Cen]

I got it right, dumped at $18k and never returned after fees hit $55 per transaction less than a year ago.

Trust in BTC was lost over night, it will not return and having bankers run the Lightning network only made things worse
but call them hubs if you like and keep paying "Hub Fees" if you like

[rumexx]

Your points are clear and they are valid trading strategies in a dumping market but that can only happen if you have more money you can afford to lose. That is called spare money which you can now put back into the market to trade the dumping market. But if you do not have the extra money to enter the market again then what do you do? Just hold your position and wait for a price reversal.

[hahay]

The best possible thing when a dump occurs is buying, yes buying is the best way to take advantage of the big panic moments that occur, but for old bitcoin holders and have bought before a dump occurs, I'm sure they will think many times before buying. I was one of them, worried and afraid that the price would crash more so I would better just keep holding it and not risk taking it again because I was worried that a bad incident would happen again.

[Dudeperfect]

I am the follower of Warren Buffett rules when it comes to the investing. Even though he has a different opinion about the crypto industry we cannot deny his authority when it comes to investment and trading strategies. He says that "Be fearful when others are greedy and be greedy when others are fearful". While applying it to the crypto, one can purchase in dips irrespective of the panic environment in the market and sell when everyone is restless for purchasing it.

[Ludmilla_rose1995]

Agree. This is an opportunity to buy lots of crypto on the market. Significant decline and increase did not occur for the first time. I consider this a big discount for buying crypto. Even though there is a possibility that prices continue to decline, remember the market will definitely increase.

[sheenaedago]

As per my experience its always a lose to sell when market price dumps ,the best thing to do when dumps occurs is to keep cool and wait ,cryptocurrency is like weather seasons ,it will always change,all I can do is keep gathering more coins and tokens till bull arrives

  I agree with you mate, it is a big losses when we attached by the FUD scatttered along cryptocurrency and it take more harder for us to gain profits on it. So, it is better to hold it with a wide patience to gain profits that easily. And always believe for a bull market will appear ,just keep our positive determination.

[ambisyon]

Normally, people do also find it depressing in the current market movement where cryptos are greatly down this time. However, I am still optimistic that this will be over soon and market will be active again where investors and traders will be back on the usual market movement. There will be time for everything and bearish market will be over soon. I believe that this is the best time in buying cryptos at a very low price this time and time will come people will be able to yield good profit return.

[BitcoinPanther]

That is the reasonable action we need to do OP.  I agree that instead of selling all our holdings without thinking, we should if possible short then buy back at dip and wait until all the confusion and FUD disappear.  HODL until the price goes up and sell at a profit. 

Sadly people just sell and exit without thinking that it is possible to profit on dumps.

[abramstoms]

It makes sense to become a part of Precium Foundation just now as prices fall?

[Anti-Cen]

Well the answer according to paid dis-info agents here has got to be "Buy on the dip" as the price dumps, never sell but that propaganda
didn't work out too well over the past 10 months as the price keeps dropping due to trust being destroyed after miners were allowed to
put fees up to $55 per transaction by the instigators of "CPU WARS" that wrote the BTC shit-ware code.

Smart people like me made money, knew when to hold and when to fold but hang around here and these same people will be offering you financial
advise about what to do with your coins when the price is well below $1000 per coin

[bittraffic]

Even if you cash out and leave crypto as long as the market continues to be with bears, you really can't say you're quitting at all. I didn't dump all the altcoins I got the ones I just cash out are ETH and BTC but still I kept monitoring the market, looking for signs and checking the price of the tokens I have. I can say that once you have been in crypto, I think you can never really quit to forget about it since we are just too programmed to believe this is the future.

[Kakmakr]

My conspiracy theory is that someone is manipulating the Bitcoin price in a way to trigger massive panic amongst current Bitcoin holders. They need to get their hands on those coins, before the next big bull run and they need to get those coins at the lowest price possible.

I will not be surprised if the next Bull run will be as early as Q1 2019. It is just strange to see such a large dump at the end of the year.
We also have the Swizz with their approval of their own version of the ETF's <van Eck> and the SEC's decision on Bakkt in December. 

[A7373]

Your strategy is quite risky. I prefer to invest in such a situation in ICO projects. Not a fact that you will earn, but at least not loss...