Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
sarmrakib
on 05/11/2018, 14:57:38 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

You are just following a simple strategy but it is so difficult on different stage.There are lots of things relevant on trading that's why you have to learn first. i want to suggest you to see the technical data like RSI. You don't buy if the coin don't touch the oversold stage either the drop is sharp.Go with this strategy hope you will earn better than now.