Best Thing To Do When Cryptocurrencies Price Dumps!

[Troysen]

Right now I'm just looking at the market to know what to do, buy a little bit in case the price skyrocketed, but I see it's going to be a slow recovery, so we're not going to the moon soon, the price has already shown progress, there was a change between yesterday and today from $4100 to $4400 and that's pretty good, it can be the beginning of a recovery.

[Baby Dragon]

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.

Convert your cryptocurrency to fiat and the cash out it to avoid more losses is also one of the good idea. But, there are still more good idea beside that. Buying altcoin is not a foolish idea because the foolish is when you buy altcoin at a low price and you will gonna sell it a low price.

[Bessta]

I'm keeping myself composed and chillax because panic won't do me well. I dm thinking of buying top alts which are lowest now. This dumps will soon be over that's what on my head now.

[Linkkoin]

We actually had a plenty of new registrations and purchases of cryptos on our cryptocurrency exchange. Both from old and new customers (actually one of the peaks of 2018). People do believe, that we hit the bottom this week and this is the right moment to "buy low" before "sell high".

[joshv06]

I'm keeping myself composed and chillax because panic won't do me well. I dm thinking of buying top alts which are lowest now. This dumps will soon be over that's what on my head now.

Yes keeping yourself relaxed and being cool during crypto currencies price drop. Just wait for your turn and do small investment  in best altcoin from which you can get profit when the price increases. These are the few things you can do during price dumps..

[Wingleness]

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.......

I often sit back and not bother to check on my portfolios for at least a week else the steady drop in values of assets is enough to give some psychological effect.

[Nasonn]

You can only purchase more crypto if only you have excess money you don't have anything to do with it. Those who have invested heavily and are currently at a loss won't just keep pumping money which inherently turns into losses.

[AAKODI]

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 

Buying more coins as possible is the best way and a very popular move most experienced traders do to gain huge profits from the crypto market today because majority of people who invest and trade in the crypto market are panic sellers so in a price fall it is very easy to buy currencies for the lowest price so when those increase to a certain level the profit margin will be much higher

[ardhigalau]

What I do when the bitcoin price falls is to immediately buy it for future assets, because when else the price of bitcoin can fall that much if not now. Take advantage of the best moments so that you get a lot of profit.

[patrikpat1]

when price dumps  you have to grab that opportunity and buy more coins and wait for sometime till the price increase gradually.

[shamc]

Patience and accumulation are the key factors here. Anyone with spare funds now are in luck, best time to invest is during a bear market dump

[goldexp83]

Hang on thight!!!! jk I would take the time to educate and learn more about the tech itself, about the markets and so on!

the biggest bull market it's still yet to come, what we saw last year by the end of 2017 was just a teaser, today there's so much more companies, institutions and exchanges, the entire ecosystem it's growing like crazy!

[AAKODI]

What I do when the bitcoin price falls is to immediately buy it for future assets, because when else the price of bitcoin can fall that much if not now. Take advantage of the best moments so that you get a lot of profit.

Definitely buying more is the best thing to do because when there is a significant price drop for traders or investors who has the ability to purchase in those situation can achieve high profit margins in a short period of time and many does that and that is why when there is major price drop and price increase follow because due to the low prices more and more investors and traders get attracted to invest in the relevant cryptocurrency so the demand increases 

[andi_wahid]

for me it was the perfect time to buy as many coins as possible. this opportunity should not be missed. because I am ready to save it until the right time to resell. this is the time to buy and save.

[traderethereum]

Buying more bitcoin when the dumps come is the best thing that we can do because we got a big discount to buy bitcoin. We don't have a chance in the future to see the low price so we should use this to buy as much bitcoin as we can do. But always remember, don't use all of the money especially your saving money because it's too risky to do and it's better to use money that you are ready to accept if something bad happens. Besides that, we need to learn about when the best time to buy bitcoin so we don't have to regret once we can get bitcoin.

[kkaroul4]

What I do when the bitcoin price falls is to immediately buy it for future assets, because when else the price of bitcoin can fall that much if not now. Take advantage of the best moments so that you get a lot of profit.

because with us buying a lot of bitcoin to make it long term, it will become us richer because the benefits we will get will definitely be big, because the more we hold it, the more free we determine the price we will make the sale

[dat.ho12492]

Buying more bitcoin when the dumps come is the best thing that we can do because we got a big discount to buy bitcoin. We don't have a chance in the future to see the low price so we should use this to buy as much bitcoin as we can do. But always remember, don't use all of the money especially your saving money because it's too risky to do and it's better to use money that you are ready to accept if something bad happens. Besides that, we need to learn about when the best time to buy bitcoin so we don't have to regret once we can get bitcoin.

I rarely buy more when the price of crypto is significantly reduced because it is very dangerous, we can not choose the right bottom, the bottom can always be deeper and deeper, the only thing that I can do is wait and seek the calm as possible, the moment of panic can actually cost us a lot of money. Or if the loss is not too large, I would sell immediately to limit the risks outweigh, holding is always an act that frightens me, I never liked the feeling of waiting in this market, if the situation is not compulsory, I really will not choose to hold

[Finestream]

Buying more bitcoin when the dumps come is the best thing that we can do because we got a big discount to buy bitcoin. We don't have a chance in the future to see the low price so we should use this to buy as much bitcoin as we can do. But always remember, don't use all of the money especially your saving money because it's too risky to do and it's better to use money that you are ready to accept if something bad happens. Besides that, we need to learn about when the best time to buy bitcoin so we don't have to regret once we can get bitcoin.

I agree.We can make an advantage of this dump market through purchasing those potentials coins who have favorable price.But since this is a risky investment,we should also learn how to diversify our investments because if bitcoin price will continue fall,we can still gain profits from our other investments.

[lalabotax]

what you say is true, but not for me, because I have run out of investment capital for btc or other alt. just waiting for the recovery to occur and conducting trade to reduce any losses and while waiting for the bullrun to occur.

[sulendra12]

However when the price drops, there are 2 possible chance. It would be continuously decreasing or will start recovering in late Dec like some expert analysis says. But yea, current condition is really mess that we would see Bitcoin go deeper than this.