What to do when bitcoin goes down?

[Ozykalu2020 26]

People hedge against the fall of bitcoin price by going into stablecoin like USDT. This will keep your many safe if bitcoin continues to fall in price. As soon as the price starts to go up you buy it back. 

[Lugmail 148]

😎 Hi. The first thing you should do when the price of BTC goes down is not to lose your cool. 
The main factor for success in this world is patience.
Then it will depend on the strategy you have. If you are trading down or up, there you take advantage of the price movement. If your idea was to save in BTC my recommendation is that you do not panic and wait for the market correction. 😎

[futbol 59]

On 3/10/2020 at 7:57, edubeta said:

Lo mejor es invertir es bitcoin, porque su precio volverá a subir en horas o días y podrás obtener ganancias en el corto plazo, puedes comprar altcoins con un buen proyecto que está a buen precio. Debes investigar si el proyecto de la moneda que quieres invertir es bueno

The best thing you can do first and foremost is never sell the amount you have in btc because you would be making a serious mistake.
The idea of a fall in the price of bitcoin is to take advantage of it, this can be done as traders say "buy at a discount" Ideally, wait for it to reach a price range that allows you to obtain as much bitcoin as possible to then save it and wait for it to appreciate again in a few weeks.
If the price continues to fall, do not worry, because if you know how to manage your investment budget well, you will find excellent market opportunities that will later make you earn a lot of money in a future sale.
In general terms, the most sacred thing is to avoid falling into despair and take advantage of the potential opportunities that are presented to you. You can also take advantage of a fall in the price of bitcoin to obtain a greater number of free fractions in a ptc or a faucet or directly take advantage of it to invest in mining, because depending on the price it is more or better profitable to dedicate yourself to mining.

[Yoanny 232]

Buy and buy as many of them as you can afford, so that when I go up you will make a noticeable profit. Definitely the btc will go up again, you have already shown it in multiple occasions.

[Cryptpanda 153]

When bitcoin goes down gradually its mean the price could further experience more down movement but when bitcoin abruptly goes down it means the dip is the point to buy 

[Junaid8278 60]

Every person have their own way of trading but my perception about bitcoin is that bitcoin is a very fluctuated currency so I hold my money in bitcoin because goes up early.

[ahmed bika 18]

In the event that there is a decrease in the bitcoin currency do not ruch to change the currency because sometimes bitcoin currency is variable and it may be low or high depending on its investement in the market 

[arthur3 30]

If you are going to trade with bitcoin or any other cryptocurrency, you have to be very patient, to buy and sell at the right time so you will have good results.

 

                                                                          

[Sajjad noori 53]

Bitcoin is not going down right now and you have looked at its chart. If you look at it in the long run, you will understand that its price goes up and it makes a good profit.

[Salim2000 114]

All cryptocurrencies are subject to price drops, but the best way to take advantage of the price drop, especially Bitcoin, is not to sell it because it is a strong project and there is no fear for it. It will rise again. Unlike other currencies. There are those whose price goes down and does not rise again.

[carybe69 74]

Particularly, in these times when bitcoin plays with the ups and downs, I believe that, if we have enough capital, bitcoin could be bought at this point when it is at a low price. This coin is not going to go down always and it is possible that it will rise in a sudden way and that we can get good dividends from this

[Orlando Correa 10]

When the Bitcoin falls, it is better to freeze, that is, pass them to USDT, I use the 50/50 method, that is, 50% I have to buy and the other 50% to sell, if it falls I buy if it goes up I sell.

[juan vallez 185]

Bitcoin lately has been stable at 10k but I doubt that it will fall below that price for now, there is nothing great that will lower it from that price but if someone wants to wait for a price drop they must have a lot of faith for that to happen as they say here is better look for an altcoin that has safe growth with a low price

On 10/3/2020 at 5:57 AM, edubeta said:

The best thing is to invest is bitcoin, because its price will rise again in hours or days and you will be able to obtain profits in the short term, you can buy altcoins with a good project that is at a good price. You should investigate if the project of the coin you want to invest is good

 

[Musta900 34]

When the bitcone price falls, all currencies are lowered. This is the opportunity to buy if you have a lot of money, divide it into several well-known currencies, and thus ensure a certain profit.

[abram0v1ch 34]

Bitcoin is a very popular currency, so if its price is going down, probably, the best thing to do would be to buy more bitcoin. It doesn't mean you have to spend all your money, but due to bitcoin's rating, its price will definitely increase, making your investment successful and giving you profit

[elzerpa 24]

The market downtrend has not yet come to an end. Many investors panic and all they do is make their situation even worse.
Whatever you do, don't try to guess what is going to happen in the market. Don't believe anyone who tells you that bitcoin has bottomed out. The truth is that nobody knows where the bottom is. If professional investors, who have models and data in their hands for up to a hundred years, can't guess price movements, neither can you. So one of the strategies is to buy more during a recession. But in no case can you be sure that the market will not fall further.

[CarlosGM 341]

When the price of bitcoin falls, it is best to buy more bitcoin or buy some other cryptocurrency because when the price of bitcoin falls, the others fall.

[yuriblanco 27]

On 10/3/2020 at 8:57 AM, edubeta said:

The best thing is to invest is bitcoin, because its price will rise again in hours or days and you will be able to obtain profits in the short term, you can buy altcoins with a good project that is at a good price. You should investigate if the project of the coin you want to invest is good

 

Edited October 8, 2020 by yuriblanco

[hey666 34]

just keep calm and sold all

 

[tamudosoyyo11 19]

When bitcoin goes down i just dont attend to it just because i dont invest on it XD,but if had money on BTC and its value decreases probably i won´t sell and stay mental strong

[yuriblanco 27]

Many investors panic and all they do is make their situation even worse, what they have to do is choose a suitable strategy in difficult conditions,
like buying more during a recession, but in no case can you be sure that the market is not going to fall further, every investor is taught to buy assets when everyone else is selling

[gholemallah 16]

I am waiting for Bitcoin to drop to 6000 levels with impatience. It is a strategy for any trader when the price falls, we buy and when it goes up we sell and vice versa

[Olaf08 78]

If you think that it will rise again you should buy a few pieces, and if you do not think you should wait, if it continues to go down a lot, too much and you think it will not rise again you can sell everything, and if in the end it rises again, get very sad

[velasco19 1753]

I'm not worried about it falling, for me it is a good opportunity to accumulate more.
One strategy you can use is to have a share in the exchange and place a stop loss order at a certain price in such a way that you exit the market and wait for a new entry point. From my perspective, it is best to buy with a projection of several years.

[Manuel008899 17]

On 3/10/2020 at 7:57, edubeta said:

Lo mejor es invertir es bitcoin, porque su precio volverá a subir en horas o días y podrás obtener ganancias en el corto plazo, puedes comprar altcoins con un buen proyecto que está a buen precio. Debes investigar si el proyecto de la moneda que quieres invertir es bueno

You have to wait until where its rebound is and wait for it to recover again, generally this cryptocurrency always tends to rise and fall in price is normal with these cryptocurrencies.