Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
expless
on 06/10/2018, 11:19:11 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
I can’t stay for long without checking out the what’s happening with the Blockchain and the price of Bitcoin at the moment. I do invest money when price drops sharply, but not all the times, I only do when my mind tells me this is the right time.

When I buy in, the price will slowly get back up to a higher and then start dropping again but slowly this time; this is when I sell out and then wait for it to go down to the main lowest it will be for that year.