Important strategies to profit from a bitcoin crash if you feel yourself afraid and tense to see cryptocurrency price charts?

in cryptocurrency •  7 years ago 

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Do you find yourself feeling afraid and tense every time there’s a sea of red in the cryptocurrency price charts?

It looks that every time Bitcoin’s value falls in price, it causes most investors to confusion. You can expect a lot of people saying that the bubble has finally popped, encouraging everyone to sell their digital coins before things get too late. It’s worth understanding, however, that a crash can be just what you need to increase your profits. A significant drop in price signals an excellent buying opportunity. Keep reading to learn how you can profit from a Bitcoin crash.

Buy the Dip

When you look at the price chart of Bitcoin over the past year, you’ll see a nice upward trajectory. While the beginning of 2018 isn’t anything like that of 2017, Bitcoin still enjoys a relatively stable price. This only shows that many investors continue to believe in the digital currency despite all the government regulations, bans on exchanges, and other bad news.A dip in price shouldn’t scare you. Instead, it should entice you to take action. Buying the dip is a simple way of making gains in the cryptocurrency trading world. Be careful not to overthink. Remember that it’s impossible to time the market. But if the price drops without any negative news, you can assume that it’s only going back up. To make things more manageable, use a trading robot like Crypto VIP Club so you can ensure that you’ll get some coins every time there’s a dip. 

 

Explore Promising Altcoins

Bitcoin is the most popular cryptocurrency, but you’ll increase your earning potential by learning about other coins. As an investor, you should find quality coins that show the most promise. There are cases in which a popular coin drops in value because a new coin with similar features suddenly makes people realize that it’s the better investment. Don’t forget to check the company behind the coins you’re investing in as well as their team of developers.

Hodl

Hodl is a term you’ll hear from countless cryptocurrency investors. It refers to holding on to your coins even when their values drop. It doesn’t get any easier than this strategy. Even if the value dips below your buying point, you may still want to hold on to your coins and just wait for its price to increase again. You should realize that a crash doesn’t mean you always have to do something. Sometimes, the best thing to do is nothing. Hodling coins with the biggest market capitalization is often a safe investment decision.

Consider Shorting Bitcoin

This one’s a little trickier than the others. Many traders utilize this tactic with varying levels of success. When done correctly, however, you can enjoy huge returns. There are some exchanges that offer this feature. Shorting Bitcoin means borrowing it from somebody, selling it, and buying it again so you can return it to the person. You’ll earn some nice income if the price drops.As you can see, some of these strategies prove riskier than others. It’s up to you what to use based on your abilities, knowledge, and risk tolerance.

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You are 100% right in the dip we have a great opportunity to buy and when the price goes high then we had a great chance. Thanks for your great advice @hamzayousaf.

We have the opportunity to purchase the Crypto Assets at the moment's price point for a fee. Investors can benefit significantly from buying the dip...
Thanks for your views

Very meaningful post dear @ hamzayousaf. Your post is about cryptocurrency. Cryptocurrency is a digital curteny . People dont afraid this time .. At that time it's rate is very low but you see day by day cryptocurrency grow up .in future its rate are very high . Same to bitcoin. . Thanks for sharing this informative post

The wild swings in the price of Bitcoin and other cryptocurrencies dominate the daily news. The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer.
Thank you for sharing your views @nazinaz

I think the best strategy would be to hold most your coins but also trade with some of them. Basically sell them when the price is high and buy back on the dip. In this way, you can keep increasing the amount of your coins. But of course, this is tricky to do. Hodling all your coins is good too, but you are wasting the oppurtinity to profit from the price swings.

Thanks and I agree ..yeah it could be good idea to buy top-20 altcoins and hold for long term. It is altcoins that have realized its technology at least partially and have perspective future. in the beginning profit will not be so big but it will be stable.

@hamzayousaf
Yes brother i strongly agree with you. If anyone say omg BTC down, the world gonna end... My personal opinion crypto market is not for those people. Up and down it's a normal process of market. Everyone known what btc can do! So when coin down it's a chance for buy some coin as much as possible and wait for market raising.

There is a large number reasons behind the ups and downs of the crypto-market. Adoption rate of these digital currencies is increased, automatically demand is increases. With the increase in demand supply rate decreases and crypto-market face ups and downs.
Thank you for your feedback @atiqadnan

The cryptocurrency market has always been volatile. Rumour circulates or a price dips slightly. People panic and begin selling, overloading the market and pushing prices lower. Others see this and also sell, further lowering the price. The more people refuse to sell their cryptocurrencies, the less damage the market is likely to suffer and we are profitted🙂

With the recent drop in cryptocurrency price and the recent rebound just shows we shouldn't be too worried with “noise”. History has told us that whatever that can be traded will always be have its up and down just like a roller coaster ride.
Thank you for your precious views @leoumesh

Brilliant article @hamzayousaf, I believe in buying and HODling bitcoin as it is inevitable that the price will increase. Bitcoin is deflationary and not inflationary given that there will only ever be 21 million of bitcoin and the demand for it is rising everyday. Therefore it makes sense to buy and hold; other altcoins like EOS, NEO,lisk , electroneum etc are good to hold too as they have solid projects behind them. Thanks for sharing.

Thanks @practicaleric ... Yeah you are right. Bitcoin is considered as commodity money, so when you hold bitcoins, you can invest them in the same way you might invest in a business with fiat money. So for investors and traders of bitcoin, it will be safer to simply hold onto Botcoin and wait until the crypto market stabilizes.

Lately steemit make me wonder about something,I had got upvote to my comment especially from you.first I got 0.03 to one upvote from you some days ago,and now it's become 0.02
Whether it's cause influence with low and hight price in the cryptocurrency?

Thank you for your views... Yeah may be you are right but don't worry I will appreciate you with further rewards ...

Thank you so much,you are very kind

i am very keen to invest in crypto but how to decide when i enter this world of crypto. Thanks for sharing such an informative post @hamzayousaf bhai.

Hahaha really all users are confused these days.

Thanks for your great advice because you have a great experience.

Thanks for updating about cryptocurrency market. What the happening
Best of luck my friend @hamzayousaf

Welcome

good bloging sir,,thanks for sharing bitcoin of crtpto,,,,
@hamzayousaf sir ,,cryptocurrancy in day by day go ahed
,,,thanks for your such informations,

Thanks

dear @hamzayousaf
thanks for sharing information og bitcoin on cryptocurrence,,,,you explain profite stage,,,the rate of crypto increase day by day than before

Thanks for your views

automated arbitrage trading is by far the safest -http://satoshipapi.io
I'm selling http://satoshicash.io if anyone is interested

@hamzayousuf this is steem auto voter bot which gives you a vote in less than 30 seconds automatically. I would like you to post an article on your wall about it.. http://riseup.pk

Thanks; and I agree? yeah it could be; good

Please do comment according to the article then your comment would be upvoted.. @lakey123

Good reading..thanks for sharing,your post so meaningful.

Please share your views after reading the article then your your comment would be upvoted.
@syarke

Yeah...of course.I use bitcoin too,in my view the price in the cryptocurrency rather lower than last year,do you know what it caused?

Whether it be Bitcoin or Ethereum, every cryptocurrency has suffered massive losses over the past several days. Prices have dropped to as low as 64 percent.
The combination of market manipulation and panic selling may be a reason behind the current price fall. One might argue that the market is going through its long term growth correction, but there is a chance it could be in for a deeper fall. The market could swing either way.

I guess I would be needing more clear understanding of cryptocurrency model. Though your post made it pretty much clear but still I feel there is more