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Author Topic: What do you do when price falls?  (Read 19042 times)
shield132 (OP)
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November 27, 2018, 09:34:22 PM
 #1

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

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November 27, 2018, 10:06:52 PM
 #2

I have a philosophy of life a bit sociopathic, do not do what everyone does, at this moment a lot of people sell in panic sell, I diversify the investments and I leave for a long period, and the price of HOLD!
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November 27, 2018, 10:13:41 PM
 #3

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

Honestly, it's way not an easy thing for me to acquired coins by purchasing it right directly from my fiat so all my hold coins will be remain idle for quiet some time. The current trend doesn't mean I have to changed my view about bitcoin. Just continue. And besides, I still have others alts to play wherein much needed a more attention.

Since already on - % , already faced the risks, already watched how drastically it decrease, there is no sense for me to exit now. If should, then I should do that from earlier. Hold till the end. That's how will I gambled it.

This is worth to put a shot.

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November 27, 2018, 10:24:53 PM
 #4

Being panic sell when the price is down potentially will make the price worse. When the price is down we should realize that those all are the characteristic and principle of crypto currency, the price is volatile. It is suggested for the bitcoin or crypto currency users to stay calm and hold all to support and increase the price again. Panic sell is a good opportunity for manipulators to control the market and they will take much advantages from the situation.   

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November 27, 2018, 10:34:18 PM
 #5

Well, for me, once people start to panic I don't mind selling my bitcoin even the price is cheap so before it goes to the deep price I sold my bitcoin while crashing.

I don't need to think twice because it already breaks the 6k resistance. So if I continue to hold I'm sure that I'll regret later that is why I sold it first before the price fell below $5500 which I think the right decision.

Look at the price right now it's around $3,800 so, I think this is the right time to convert it back to bitcoin.

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November 27, 2018, 10:52:22 PM
 #6

I did nothing whether bitcoin fell that much. I fully support bitcoin and that's why I remained silent and hold it. I believe on it with long term so I won't move large amounts of my total asset with it, I don't mind selling if there's a need but its applicable only with dust amounts.

Those people that I've talked to before about bitcoin which I'm forced to share bitcoin with them because they forced me to tell them what bitcoin is, are now making fun of me. This is also happening to others but I'm just ignoring them.

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November 28, 2018, 12:24:13 AM
 #7

When price falls I will just hold and wait for the market to pump. Panic selling would make the price get worst.
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November 28, 2018, 12:35:20 AM
 #8

waiting for the price to rise again, still the hodl doesn't cut loss. while waiting for that, I searched for some airdrop which could be used as passive income while the market was falling like this.
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November 28, 2018, 02:16:40 AM
 #9

I'm not panicking whenever there is fall. If ever I sell at fall, it's because I badly need a cash and not because of panic. Holding was the best thing to do at this moment. Others complain about their losses but they are the one committing the mistake. Even if they know, they should hold, they aren't doing it. Later, they are blaming the coin for their losses.
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November 28, 2018, 02:53:42 AM
 #10

like now. all I do is hold it, and wait for the price to rise again. I have committed, from the tokens that I have, of course one of them will definitely have a good price, so I would rather wait for the pump to occur and carry out activities in the real world
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November 28, 2018, 04:10:13 AM
 #11

I see this an opportunity to buy more bitcoins with the same money we used to get little of it before,this also can increase the recovery rate of the price falls when we do it as community.The other option is as everyone says just hold and wait for your time to come to make profits.

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November 28, 2018, 04:22:49 AM
 #12

All the bitcointalk members know about Bitcoin right now which is very worrying, I myself take a positive positive side to bitcoin, the point is buying as much as possible when it's cheap can be said long-term investment, I'm sure the chances are bitcoin will rise like the year2017 ago.
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November 28, 2018, 04:30:17 AM
 #13

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?

Honestly, it's way not an easy thing for me to acquired coins by purchasing it right directly from my fiat so all my hold coins will be remain idle for quiet some time. The current trend doesn't mean I have to changed my view about bitcoin. Just continue. And besides, I still have others alts to play wherein much needed a more attention.

Since already on - % , already faced the risks, already watched how drastically it decrease, there is no sense for me to exit now. If should, then I should do that from earlier. Hold till the end. That's how will I gambled it.

This is worth to put a shot.
Yes in this kind of situation its already too late to sell, the right time to sell was when the price is still around 6k and thats before many stop loss are triggered.
Now it seems that the support is become stronger and many people see this price as an interesting price to jump in for buyback. Also the volume has increased.
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November 28, 2018, 04:59:18 AM
 #14

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest.
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November 28, 2018, 05:03:17 AM
 #15

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest.

People wait for the fall so that they can start buyng rather than buying at higher value it is an open invitation to start buying at lower price. Also if people had started to bought at 3500$ in last couple of days today it is already reached 4k. So in Nov itself you have gained 500$ per btc .

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fauzan Ichsan
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November 28, 2018, 05:56:53 AM
 #16

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
When the price falls I gues this is the best chance for investors to buy for more on potential coins. There are lots of coins that have good potential but it is hard to buy due to high value already. In this situation that the market is red and the price of almost all coins are very low this is the right time to invest.

People wait for the fall so that they can start buyng rather than buying at higher value it is an open invitation to start buying at lower price. Also if people had started to bought at 3500$ in last couple of days today it is already reached 4k. So in Nov itself you have gained 500$ per btc .
right, if we know the lowest and highest prices, of course we will get the maximum profit. and with high fluctuations, it should not be a burden, but an opportunity to make a profit

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November 28, 2018, 06:19:57 AM
 #17

At a time like this when price goes down below expectations what I normally do is to take a walk looking away from the price chart and coming back after a long time, because panic selling can only lead to your losing your investment. I know after the deep it going to take some time before the market will recover and you only lose your assets only when you sale at below the price you bought due to panic.
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November 28, 2018, 02:56:45 PM
 #18

You seem to have ignored the golden rule of "not letting your emotions control your decisions."
Before you buy Bitcoin or invest in anything, you must have a clear definition of when you will enter the market and when you leave.
Leaving it to your feelings to start buying and selling according to market volatility is the ideal behavior of loss.
Dependence on numbers may avoid losses but will not achieve maximum profit.

All I do is ignore everyone and rely on my assessment of the situation.

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Savemore
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November 28, 2018, 03:02:05 PM
 #19

As you see, bitcoin's price felt from 6500 to 3700. From the very first day, there was panic and fall was very intense. In situations like this one, how do you act? Do you sell bitcoins, wait a little for more fall and then buy more with same cash? Or so you fully support bitcoin and hold it?
I ask this because want to know what community here does in such situations, do you do good for bitcoin or worsen situation?
The best thing that you can do is you should not panic even the price falls. Panicking can lead you to lose all of your money because you cannot make wise decisions. You should have calm mind to wait the right time to sell or to buy coins.
Rashid555
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November 28, 2018, 03:13:56 PM
 #20

I do simply holding when i come to know that the market is going to down or market fall starts i just simply watch the market and when ever if there is a chance of buying more then i do buy more bitcoin and some potential altcoins but i have never done any decision is quick time i first make a mind set for the new change and outcomes and then i go for that.

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