What to do when the market is volatile?

[dragononcrypto]

We've seen Bitcoin drop from a high of $14K to a low of $12K for an almost 10% drop in price. For some this is an opportunity to buy more Bitcoin, while for others it's a moment to worry over short-term losses. What is your strategy when the price corrects given the current market? Buy or sell?

[Loedong]

It depends, if at that time you didn't have time to buy cheap BTC then now is a good opportunity to buy it. But the concern comes for those who have bought at a high price, maybe they are also currently hesitating, whether to sell or not?

but for me personally now is a good opportunity to buy before BTC reaches its highest ATH again.

[anobtc]

I don't know why people always FOMO when the market goes up, and they chasing every green candle and buy in a very bad position. While you can wait until the market has a correction and find a good entry to enter the market.

[Gurujebs]

It depends on individual but I think price drop is an opportunity to accumulate at the bottom, at every new all time, I prefer to sell off and remove my funds and then buy back at the bottom. It has been the tradition of Bitcoin and always work for me.
Some traders and investors prefer doing dollar cost average since they prefer there fund to always be in bitcoin. Whatever works for you, I hope you make profits, you don't hold for years and end up making just some changes.

[mlawson71]

I, personally, mostly just sit back and relax.

[alltalk]

The market will be always volatile, we cannot avoid it. But we can take advantage of learning the characteristics of the crypto market. Once we know it, we can know how to play the game. Market volatility isn't a bad thing if we know how to handle it or deal with it. It is the chance to gain big profits with high volatility. So, don't be afraid of volatility, know how to take advantage of volatility.   

[Malam90]

Cryptocurrency market is always volatile. We can't avoid volatility. As an investor, my activity depends of the coins that i hold. If i have hold Bitcoin, i just relax and buy more amount to fill my bags but if it is altcoins which is more than top 50 ranks, i sell them if i am in profits and wait for more amounts to buy and fill up my vacuum wallets or i purchase more the reduce average purchase cost. I am still happy with this strategy but holding shitcoins has destroyed my huge investments at first. Panic sell isn't expected to any market.

[0t3p0t]

We've seen Bitcoin drop from a high of $14K to a low of $12K for an almost 10% drop in price. For some this is an opportunity to buy more Bitcoin, while for others it's a moment to worry over short-term losses. What is your strategy when the price corrects given the current market? Buy or sell?

When the market is volatile it is best to day trade. As of this post Bitcoin price is still at peak so buying is not ideal. Maybe wait for a bit dip and then jump in. Buy low sell high still works so I expect a lot of investors right now are just waiting for a good timing.

[Wedhus Balap]

We've seen Bitcoin drop from a high of $14K to a low of $12K for an almost 10% drop in price. For some this is an opportunity to buy more Bitcoin, while for others it's a moment to worry over short-term losses. What is your strategy when the price corrects given the current market? Buy or sell?

At the time you wrote the prices were so low. But look how now. If at that time you bought a lot of coins, how much profit would it have been?
The standard of many people is simple. Buy when the price is low or go down, sell when the price goes up. But actually apart from that there are more detailed considerations

[Carbitcoin]

We've seen Bitcoin drop from a high of $14K to a low of $12K for an almost 10% drop in price. For some this is an opportunity to buy more Bitcoin, while for others it's a moment to worry over short-term losses. What is your strategy when the price corrects given the current market? Buy or sell?

At the time you wrote the prices were so low. But look how now. If at that time you bought a lot of coins, how much profit would it have been?
The standard of many people is simple. Buy when the price is low or go down, sell when the price goes up. But actually apart from that there are more detailed considerations

The fact is that even at the beginning of 2020, many cryptocurrency users were very skeptical about the growth of Bitcoin and Ethereum, relying on the fact that people are very reluctant to invest their funds in cryptocurrencies, since they already gobbled up in 2017 and 2018, when they invested at too high prices before falling. But the situation today is completely different and those who invested in early 2020 have already received huge profits today.

[Quantum X]

If you invested in bitcoin at high price for example at $30k and the price went down to $25k, there is nothing to worry about since we know that bitcoin is the crypto that will not lose the value. Aside from relaxing it could be better if you buy more while price is at cheap level and wait for the coming bull run.

Institutions are now investment in bitcoin which is pretty sure bitcoinwould never go into wrong direction.

[lepbagong]

If you invested in bitcoin at high price for example at $30k and the price went down to $25k, there is nothing to worry about since we know that bitcoin is the crypto that will not lose the value. Aside from relaxing it could be better if you buy more while price is at cheap level and wait for the coming bull run.

Institutions are now investment in bitcoin which is pretty sure bitcoinwould never go into wrong direction.

That's right, buddy, what you are saying is the truth in crypto, there is no need and fear that the value will go down because in time it will also go up.
yesterday bitcoin price has reached ATH several times continuously, and clearly a sign of something good about bitcoin.
even though it is currently down, the trend is still good and will definitely increase again.

[earncryp2]

When the market is volatile, I start trading 

[Dreamer]

Buy or sell?

I like to use the buy low and sell high formula because I am a day trader. When markets a volatile it's a profit opportunity for day traders because we can't earn much from a stable market. So personally I like to deal with a volatile market though it is too risky, but the more risky, the more profit.

[Rodan_Jarikic]

As a long time investor i prefer staking options. Currently im on DAFI's Superstaking program and i dont care if market is volatile or not. Im earning passively when im still holding. So i probably recommend for holder's to stake programs. Especially Dafi's.