Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
Iandi anne
on 05/10/2018, 14:48:16 UTC
Good day, mates.

My strategy is to buy coins when the price drops sharply.

Sometimes I fail, because the price drops more than I expected.

But, to prevent this worse situation, I put 30% of my budget at the time of initial investment.
If the price getting down again, I put 30% more.

With this strategy, I am getting some money so far.

In conclusion, I recommend you guys to buy coins when they drops rapidly.
After sharp drop, there should be sharp rising.  Cool
That's why you have to study and understand the market before investing with it. But yeah, I guess that strategy is quiet effective. The best tims to buy coins is when the price is drippimg down and sell when it reaches your target price. It takes a long tome but it is an effective way to make good profit.