Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
Experia
on 15/10/2018, 11:35:41 UTC
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
Yeah I will definitely buy more if the price drops more. It will be more beneficial for me to get coins for low price. I will get more profit in the future. I can hold my coins for long time because I always spend extra money on cryptocurrency, so that if I need money for my daily expenditures, there would be no need to sell my coins in tough conditions.

it is still depends on the coin you will buy because it will really affect the capital that you have if you will bought a coins that is really a valueless coin in the market dont settle to a coin that drops sharply specially when it is not known yet.