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Author Topic: What do you do when price falls?  (Read 19017 times)
goaldigger
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January 23, 2019, 02:59:29 PM
 #101

Its like being in a war where if you feel like loosing, retreat for a second, take a rest then resume to war. Its okay to fall back sometimes that die without fighting. As the market decreases, I let my coins rest for a while and wait for green. Selling wont give me profits  but holding gave me hope.

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2chase
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January 23, 2019, 07:28:30 PM
 #102

Some time ago, I finally realized that I had better refuse from investing in Bitcoin for a while. Now I have chosen a couple of projects for myself, and I invest in them. One of them is the Etheera project, a Swiss project related to real estate, which in my opinion now has the greatest potential among projects in this area.
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January 23, 2019, 09:01:17 PM
 #103

Some of the people will start to sell their cryptocurrencies whenever they are seeing price fall and some people will continue to hold until what prices there afford to lose but in my opinion both these actions are wrong if someone trusting the bitcoin then they need to invest and long time don't just change your mind time to time based on the market condition.

Dreamchaser21
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January 23, 2019, 10:22:00 PM
 #104

Its like being in a war where if you feel like loosing, retreat for a second, take a rest then resume to war. Its okay to fall back sometimes that die without fighting. As the market decreases, I let my coins rest for a while and wait for green. Selling wont give me profits  but holding gave me hope.
That hope makes me more confident about the market and even if the price is falling, I’m just doing the same thing which is to buy and hold. If you see the price of a great coin is falling, you can wait for the bottom and grab the opportunity to accumulate and hold more good coins.
Lpim01
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January 23, 2019, 11:47:20 PM
 #105

Its like being in a war where if you feel like loosing, retreat for a second, take a rest then resume to war. Its okay to fall back sometimes that die without fighting. As the market decreases, I let my coins rest for a while and wait for green. Selling wont give me profits  but holding gave me hope.
What a wise man, it is such a good idea cause we don't need to show that we are strong and can fight.
We are in crypto space and we face the risk everyday, selling is not a smart thinking but of losing the opportunity to gain more. But somehow, we could also sacrifice our coins specially when we saw there is no market improvement, might be a good way of selling it and invest into the other.
iMark
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January 24, 2019, 01:33:46 AM
 #106

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.

Exactly that, buying when price is going down and watching closely that to be on bottom. Touching the bottom is buying periodically, buy some and watch what will happen, if price stops and change direction you will have some profit, if price continue to surge down  again waiting for a good chance to buy when price stops is what we should do. It's trading, you need to have some kind of support if you wish to be profitable in the long run.
I also have the same thoughts as you, the difference is I will do a cutlose if conditions permit such as the price might fall deeper,
or if the price stops going down I will try to buy more, essentially analyze the chart first and don't panic
aris av
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January 24, 2019, 06:56:57 PM
 #107

I do not sell when the price is high, and for the decline I prefer to hold and be patient waiting for recovery. I don't know how much the market lamq will recover, maybe I will try to keep holding it.

Taki
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January 24, 2019, 07:45:03 PM
 #108

Actually I do nothing besides calculation about how much money I would have if I would sell bitcoin per 20000 $  Cheesy
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January 24, 2019, 08:13:51 PM
 #109

I prefer to wait for the settled dust before deciding which side of bull,bear is stronger. Pure price action without indicators can help to determine the trend for both short and long term trading. Buying more while price continues declining can be useful in order to accumulate more profit and quantity also increases with less risk.
arpon11
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January 24, 2019, 08:22:45 PM
 #110

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 an asset has taken bearish directions the best thing to do is to flip that asset with a more stable asset and in the case of bitcoin it is more wiser to flip it to coins like usdt or usd and gpb for those exchange that allowed that.  However this strategies is hard to follow as the market is highly unpredictable and it takes experience and professionality for you to be able to actually make money from it as about 95% of traders lose money in this market. Bitcoin falls because the supplies are higher than the demands and it is wise for you to understand the underlying factors why bitcoin is bearish.
Seeker#9
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January 26, 2019, 02:52:50 AM
 #111

Most of the initial reactions is to hold their coins until a favorable market condition return. I also prefer to hold some of my bitcoins or convert it to usdt for future trades. Experienced traders knew how to win trades even during bearish market because not all coins decline when bitcoin is in downtrend. So if you are getting bored while waiting for another bullrun which might still happen a few years from now, better learn to trade and get an experience on it.
mjacer
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January 26, 2019, 03:04:10 AM
 #112

I can consider myself as still new in crypto though it is more than a year already when i got introduced to crypto.  I have seen the rise and fall of BTC last 2017 and 2018 respectively.  But still i am not good in trading.

What i have done is i still hold my BTC in the hope that the BTC will get back to its tract. I dont know until when will I hold this but there is no plan to buy more yet.  But of course, we have to apply still the principle of buy low and sell high if you have a budget.
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January 26, 2019, 03:15:53 AM
 #113

Don't be too quick to draw conclusions and decide to sell because of the decline, and you better stay calm and be more optimistic about holding, and I think for the next few months the price of bitcoin will be higher
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January 26, 2019, 05:02:52 PM
 #114

The best classic way is to buy when the price drops then it will be a profit when the price returns. But for now I am harboring my desire to buy because I have already bought at a high price, so I prefer to hold.

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slocker
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January 26, 2019, 05:50:12 PM
 #115

First and most important is not to panic. In every scenario price drop then after some time recovers, sometimes even more then expected. Many highly experience traders often sell in first drop and buy on some 4-5 drop again and wait for recovery of price.
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January 26, 2019, 06:16:56 PM
 #116

when price falls , hold and buy more
Do not sell your bitcoin at these cheap prices for new people or traders who did not get tired with bitcoin
The date of creation bitcoin is very old , Think carefully before sell
drachman
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February 05, 2019, 05:46:36 PM
 #117

Some time ago, I finally realized that I had better refuse from investing in Bitcoin for a while. Now I have chosen a couple of projects for myself, and I invest in them. One of them is the Etheera project, a Swiss project related to real estate, which in my opinion now has the greatest potential among projects in this area.
I disagree, if you are not getting bitcoin now then when it is the right time for you, many people made the mistake of buying bitcoin when it was very expensive and now that they are presented with the opportunity to buy it for a cheap price everyone is afraid, it should be the opposite, anyone that buys bitcoin now has low chances of losing money and very high possibilities of earning it during the next years.
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February 05, 2019, 09:41:52 PM
 #118

At anytime that the market value of Bitcoin falls, I always seen an opportunity of buying Bitcoin at a cheaper rate and hold for a period of time pending when it's value move up to may be 10 percent before selling some portion of my investment.
Cherylstar86
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February 05, 2019, 10:39:54 PM
 #119

Some time ago, I finally realized that I had better refuse from investing in Bitcoin for a while. Now I have chosen a couple of projects for myself, and I invest in them. One of them is the Etheera project, a Swiss project related to real estate, which in my opinion now has the greatest potential among projects in this area.
I disagree, if you are not getting bitcoin now then when it is the right time for you, many people made the mistake of buying bitcoin when it was very expensive and now that they are presented with the opportunity to buy it for a cheap price everyone is afraid, it should be the opposite, anyone that buys bitcoin now has low chances of losing money and very high possibilities of earning it during the next years.
Absolutely! Volatility should not always be viewed as disadvantageous because there's an opportunity that lies in it. It is a normal reaction to feel worried whenever price falls, but taking a look at situations with optimism and hope it can greatly help us be guided as to what actions to take whenever crisis arise. Price correction can be an advantage to buy at cheaper price and sell high when market recovers. Be aware, stay patient and be on the look out for what the oppurtunities behind in every situation that seem to be unexpected because that's where we grow and become more productive.
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February 05, 2019, 11:44:58 PM
 #120

At anytime that the market value of Bitcoin falls, I always seen an opportunity of buying Bitcoin at a cheaper rate and hold for a period of time pending when it's value move up to may be 10 percent before selling some portion of my investment.
When bitcoin dumps, expect a short pump and by this you can at least make a small profit. But usually I buy coins when its price dumps and hold at least a month so I can see major changes on its price or if there is none, I have to cut losses or to take a small profit.
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