Pages:
Author

Topic: $1100 to $750 is significant - page 9. (Read 7830 times)

legendary
Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
January 12, 2017, 12:25:17 PM
#48
I believe many people think that these changes are actually quite minor, fluctuations if we compare them with the price of bitcoin in a few years. That's why some people panic and sell everything they have but many people keep calm and wait for the better future. As for me, I think the price doesn't matter much and we have to sell btc anytime we need money. If we don't then fine, we can just wait till it reaches its peak which is certainly not $1300. Does saving really makes sense if you don't have plans on your money? I don't think so.
hero member
Activity: 910
Merit: 501
January 12, 2017, 12:21:37 PM
#47
I think that the sudden increase of bitcoin price needed a correction.
Otherwise the bubble building process would go too high, and the consequences not good for bitcoin.
The way it went now, I think it was acceptable.
At the moment we are at a price level where we wer before the increase, and that's a realistic price for bitcoin.
The steady long term increase is not in danger.
copper member
Activity: 1330
Merit: 899
🖤😏
January 12, 2017, 11:52:02 AM
#46
Buy buy buy, don't hesitate my friends and buy with trust to each other, if we always continue to buy when price goes down then we could potentially grab the manipulators coins and leave them empty handed, let the weak hands and big whales dump on us and we shouldn't really back down now that is important to be more supportive towards bitcoin, buy buy buy.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
January 12, 2017, 11:48:47 AM
#45
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Really now it is not right to sell bitcoin because very soon the price of bitcoin will rise, these things are very common in trading there will ups and down common, right now it is better to hold bitcoin until the price reaches to 1100$ again. The only thing here is you need to wait patiently and watch the bitcoin market carefully.
hero member
Activity: 1918
Merit: 564
January 12, 2017, 11:40:42 AM
#44
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years  Grin

I wish you were right. I hope Bitcoin will return to $1,100 soon and then it will stabilze there. And I really think people shouldn't sell at $750 or at anything lower than $1,000. Have some faith in Bitcoin, guys, it will rise again.

Well personal opinion matters, you can't feed them if they go hungry.  So I guess it is up to the holder if he needs to cash it out or hold.  People with extra money won't mind, but people who have just enough have a tendency to sell them of fearing it might become worthless.  I will hold if it is asking about my action.  It is too cheap to sell Bitcoin @ the current market price.
hero member
Activity: 1274
Merit: 622
January 12, 2017, 11:33:46 AM
#43
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years  Grin

I wish you were right. I hope Bitcoin will return to $1,100 soon and then it will stabilze there. And I really think people shouldn't sell at $750 or at anything lower than $1,000. Have some faith in Bitcoin, guys, it will rise again.
hero member
Activity: 798
Merit: 503
January 12, 2017, 11:24:49 AM
#42

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years  Grin

I like your resolution and even your decision because the quality of a decision is not in the decision itself but the outcome of such decision which will be the deciding factor. And youre ready for the outcome which is the best thing.

The gap is much more significant and for a short term trader who bought  a day before the burst, will definitely be at a high loss which is quite unfortunate. But I am also optimistic that the recovery is around the corner and its going to happen soon...
legendary
Activity: 1036
Merit: 1002
January 12, 2017, 11:18:16 AM
#41
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.
I decided to sell my bitcoin because of the price i want to hold them but since the price is still decreasing i need to decide, I don't want to invest my bitcoin i already sold them because i need some funds for my financial problem. If you think bitcoin will be continuously decreasing cash it now like me,
legendary
Activity: 1153
Merit: 1012
January 12, 2017, 11:12:25 AM
#40
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Just hodling. Anything different makes no sense. Bitcoin is the best available form of money out there. Exchanging it for fiat feels like doing the dumbest trade of the century.

The purchasing power of Bitcoin can only increase, because there is no limitless inflation. All fiat currencies will be inflated to death.
hero member
Activity: 756
Merit: 501
January 12, 2017, 11:04:48 AM
#39
Its a big loss of value into a short period, but once again halving price were 500-600 dollars people believed that bitcoin reached 800 and 900 dollars and even the 1100 dollars worth without any reason behind, soo whales or big miners pushed the price up and were dropping all days a bit of their bitcoins, now they are able to buy almost 50% more bitcoin with the same money they had. This is a big game that the most cant afford and wont know when will start or stop, but as long you are in you can survive.
full member
Activity: 181
Merit: 100
January 12, 2017, 10:47:32 AM
#38
The long term tendency remains. watch any weekly chart and you'll see how bitcoin price has increased steadily for the last 3 years.  these kind of movements are expected.
hero member
Activity: 952
Merit: 515
January 12, 2017, 10:16:25 AM
#37
It has been a really volatile week for bitcoin, but that doesn't mean that bitcoin will not rise anymore.
We all know as a bitcoin user the reason thereof, it is very simple if you need the money then you are free to get it, if not then you just have to wait few months 'till its price to rise again.
legendary
Activity: 1218
Merit: 1000
January 12, 2017, 10:10:36 AM
#36
bitcoin prices down so fast. You must have the feeling that is sensitive to the price if you're looking to profit from it. hold bitcoin in a very long time, when the price goes up to high, can make at a loss, as it is today. Well, the people who are late to sell his bitcoin, may feel aggrieved. Well, the price of bitcoin is so exhibited significantly
sr. member
Activity: 406
Merit: 250
Wolf
January 12, 2017, 09:10:25 AM
#35
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

If I have time, I will not go for hold and never sell it is much profitable to trade since bitcoin is volatile . Those who sell their bitcoins because of the price decrease are the ones you can call panic sellers . Why would you sell it at a low price when you can just wait a few months or so for its price to increase . Though there is no guarantee that it will, Since you have taken the risk to join this kkind of community then you should also do the same like this time cause the chances that it will increase is pretty decent enough to just hold or buy more .
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
January 12, 2017, 08:36:10 AM
#34
what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

This is the good strategy of doing trading with the bitcoin holding, like this you can increase the quantity of bitcoin and this way the price of the purchase is also lowered. And if bitcoin trades in this range for some time then it will be very good for next bull run
This might be really good way to earn large amount of profit just in short time but actually, it just depends on your luckiness, fortunately, that he can sell the bitcoin at the right price and could make profit out of it from the recent price decreasing while some people may, unfortunately, can't take advantage of the significant price changing. If doing this one was that easy then maybe i might have been earning so many bitcoin right now.
hero member
Activity: 994
Merit: 544
January 12, 2017, 08:27:33 AM
#33
The price deflation is very significant and I lost a big amount when the value fell down. I lost hundreds of dollars due to the inflation. But am I worried I am not. And what is my strategy to win back my losses, nothing. I just for another price increase in the market until finally I will recover my losses and win back my profit. For now the best strategy is just to wait.
hero member
Activity: 798
Merit: 506
January 12, 2017, 08:18:21 AM
#32
In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.
Bitcoin price fall down around $350 is a sign to buy more of course, I'm not going to sell but keep saving.
Agree if bitcoin increases are inevitable because it's created that way, the price continue to decline but in mid year, we will have great pump again.
Look at the charts, it has those fluctuate pattern almost same every year.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
January 12, 2017, 08:02:57 AM
#31
If you are going to wait till it drops to $200 I'm afraid you gonna wait for a long time, maybe it will never reach that price again (I certainly hope so). Some media make this China happening  a big deal, I think its good news for the long term. It made me panic at firs talso, but I didnt sell anything, and I dont intend to.

Theoretically $200 per coin is not impossible, but it is very unlikely. It can only happen, if either the United States or the European Union declare the possession of Bitcoins a criminal offense.
legendary
Activity: 1484
Merit: 1004
January 12, 2017, 07:59:00 AM
#30
In a very short time everything took place without giving time for users as well the people involved with bitcoin to make changes to overcome the situation. This is great defeat for users involved with bitcoin into their businesses as well traders. Right now the panic might have increased.
for those people who have planned to hold bitcoin for really long time they will stay calm
but for a trader like me it's a little bit confusing
the current situation basically have predicted after skyrocketing there will be a correction
but i don't expect as low as $700 or so , it should have 10 to 15 percent dropped max from $1,100.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 12, 2017, 07:23:37 AM
#29
In a very short time everything took place without giving time for users as well the people involved with bitcoin to make changes to overcome the situation. This is great defeat for users involved with bitcoin into their businesses as well traders. Right now the panic might have increased.
Pages:
Jump to: