Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
btc78
on 04/12/2018, 10:32:09 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
Even if the price drops more you had expected this doesnt mean you are a failure because still the buying value is lower than whats the original,so if these coins or tokens will be safe keep until the recovering time,then big profit still on your hands right?Thats the essence of holding when we fail for the trading plan