Post
Topic
Board Trading Discussion
Re: What to do when prices are falling
by
Kemarit
on 27/09/2017, 19:21:05 UTC
just check some trade group and see people say about that then if they say hold we sell. they say sell we hold  Grin
I believe that you should act upon the advice of the experts. There are very less chances that their predictions result in loss. I must suggest you to remain cool and calm at the time when prices are falling down. Holding the Bitcoin at that time is most preferable thing to do instead of just getting panic and selling them at lower rates.
What you say is true. Panic sell will only bring a trader to a loss. I experienced it several times. Better to back up losses than to panic sell.
Some of expert prediction are true but im not saying just do what ever they says sometimes its better to save if your bitcoins are came from your profit better to save then unless you don't buy them into market because once you do that and then you wait for the price increase then sell and wait for the price to become decrease i experience this kind about bitcoin pricing and this is kinda normal for it. No need to panic just wait and see its best.
When the prices are falling we need to be a little patient and look for the bright side of it. As we have seen bitcoin is all about profit and i won’t let us down. We just need to concentrate on our job and wait for the right time to come. Patience matters a lot in such conditions.
exactly and think for some positive than can be happen after it falls. being short tempered and dont have patience here will go for you to panic selling that all traders wrong move.

Panic sales - this is the most stupid thing you can do when the price falls. When the price is low I make purchases of crypto currency. This is a great time to buy, because soon there will be growth

Most inexperienced traders do not known that. They always thinks that a dip is always negative to them and might be thinking of selling their coins. However, a dip is always a good buying point for everyone because the price is too low and cheap so instead of panic selling, the best thing to do is grab the opportunity to buy and stash more bitcoin in your wallet. But I guess its really hard to grasp it at the beginning of your journey in trading. But once you mature and gain experience, you will look at this gain as golden chance to buy and not miss the opportunity to profit in the future when the price goes up again.