Post
Topic
Board Trading Discussion
Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ?
by
conected
on 10/12/2018, 13:51:12 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

I always have that as a consideration in doing business. Because, that is the best time to buy coins since that is when they are in their lowest value. Like me, who has not that much capital in terms of money to lodge in and use, I only try to invest by recirculating my profits in my other ventures rather than using my money which I use for my more constant expenses and needs. Thus, finding the perfect time to buy assets for less is always a key skill in this market to practice.
- Well, that's really what I've always considered in the past, the sharp drop in prices is always a good opportunity for us to buy and accumulate at a cheap price and then return with a big profit when the market recovers. But after a terrible storm that I and many people get from this market, what remains of my thinking is that this tactic really should not apply in the present time and the next because this market may collapse and fall deeper than all we can expect, greed and take advantage of this situation can push us to the brink of bankruptcy, many people have become victims, so to be safe, I think we should buy when the market is stable is best