Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
deppil
on 09/11/2018, 15:35:02 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
Yes as always you should buy in a sharply prize and basically sell it in a high price in order to gain profit.
Be careful do not to be fooled by price changes. because the price drops sharply it is not necessarily the right time to buy. the most important thing is to use analysis first before buying it. whether the price is the lowest price or there will be a falling price again. You can analyze it so you don't make the wrong choice