price dropping is not enough reason to get in on a coin because it can further drop and one would lose money if you intend to go in for a short time
that's right sir, i've get the experience like that on my trading, i make decision to buy NXT when the price drop, but after that the price is continues to drop again
you made the wrong choice I must say.. this policy of "buy when it's cheap" only applies on Bitcoin, Ethereum, Ripple and last Litecoin Maybe. other than these. all the altcoins are basically shit coins. and you can't really tell if a token price is low at the moment. either it'll increase or it'll further drop even more.. I think all the other coins and tokens are just for day trading. if you buy them then sell them immediately and always buy a specific amount which you could afford to lose.