Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
If you want to make profits from your investment then it is better to hold your coins because this price dumps are just temporary and will hit again soon at the end of 2018.Surely the bitcoin will hit again $20K in this year itself but you need more patience if you want to make money from your investment,no one can make profits instantly all the time so just wait for the price bump,soon it will happen. 
Topic: Bitcoin back below 6K - page 6. (Read 620 times)
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
I don't know why everyone is getting fear about bitcoin price. Is this end for bitcoin? No way. Bitcoin never die. Bit coin is a king of cryptocurrency.
I think you guys are affected by negative spreader. Don't believe negative news about cryptocurrency.
I strongly believe in bitcoin will go long way. If you don't know how to handle the situation when price getting down, Better stay away from trading.
Many of us become afraid if bitcoin will drop at that amount. Because there will be a big loss for us. However, never lose hope, as long there are potential customers of bitcoin who want to buy bitcoin, there is a chance that the price will goes up. All we need to do is just simple promote it to other people.
Right off the bat, I can clearly see that you don't have any plans regarding your trades. You need to remember that upon entering any new trade, you should have different plans for any scenarios that would come out of it. The thing that you can do right now is to decide whether you're a short term or long term investor of BTC. For short term, you can sell today, wait for it to dip more (it is most likely that it will happen) and buy back at a lower price gaining you some profit. If you'll gonna go long term with it, hodling BTC is the best play.
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
Why some people here like you keep asking when to sell their Bitcoins? do not ask from random people what to do with your investment, it is your money/investment so you decide on your own when to sell or when to buy. About the price, I don't think that Bitcoin will fall to $6000 again even it drops from $11800 to just $10000 in last 24 hours because I don't see any reason or any bad news right now that will make some people panic and all I can see right now is good news about Bitcoin. Afraid? If you can't control your emotions then sell it as soon as possible and do not ever buy again.
If you afraid it can be back to 6k$ or even 1k$, sell it now.
My suggestion is to HODL.
My suggestion is to HODL.
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
Hi,
It depends on what you can afford to do.
- if you really need this money, then you can sell now. But this means that you are sure you are making a loss. So this is the "good" solution only if you have no other choice (and actually, you shouldn't be in such position, because remember that everyone told you to invest only what you can afford to lose).
- if you can wait, then wait. I think this is by far the best option. Indeed, you may possibly lose everything but I guess that the probability is quite low. If you wait long enough, you should be able to sell and make some profit!
By that's only an individual's viewpoint, remember it!
It depends on what you can afford to do.
- if you really need this money, then you can sell now. But this means that you are sure you are making a loss. So this is the "good" solution only if you have no other choice (and actually, you shouldn't be in such position, because remember that everyone told you to invest only what you can afford to lose).
- if you can wait, then wait. I think this is by far the best option. Indeed, you may possibly lose everything but I guess that the probability is quite low. If you wait long enough, you should be able to sell and make some profit!
By that's only an individual's viewpoint, remember it!
why are you afraid you can buy more bitcoin in low price and hold it , in that way you can have profit
That's right nothing to afraid, if bitcoin going 6k or below 6k. It's good to invest now. There's a time bitcoin going down and there's a time going high. It's good opportunity to buy more bitcoin and wait for the right time until it reach the amount you desire.
Sell if you have lost the courage to hold it will do you no harm,you will rather have a inner most peace of getting half your money back but if your a good risk taker watch the market and see the magic soon.
why are you afraid you can buy more bitcoin in low price and hold it , in that way you can have profit
I'm afraid if Bitcoin back below 6K again
If you're new to these kind of behaviors in the crypto world then I wouldn't be surprised especially if you're putting some efforts in trading and you're thinking what could be the cause of the plunge in price. However if you're not, then you're not supposed to react like this as this is the behavior of the price itself in the crypto as it is kind of manipulated in the global demand. If Bitcoin will dip within 6k then that is the best opportunity for you to buy right now.
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
I agree that it depends on how much did you buy bitcoin for. Another factor to consider is whether you need money now and will need it during the months from now. You can sell it now, the price is not that bad. I don't think we can expect it to get really high any time soon. However, I am quite positive that in about half a year we'll see bitcoin $20k+. If you are ready to wait for those times then do. But I don't think it's reasonable to suppose btc will go below $6k. Just calm down, think of your life, financial situation and priorities before making the decision. Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
When you sell, you get money/cash (legal tender which is accepted in all the shops/stores and governments)
it is everyone's business,everyone has their own tactics)) it is possible to sell and buy at lower prices
Thanks all here, I'm not panic, I just too much thinking about probability then I'm afraid 
, because I see on the trend line chart Daily still down trend right now.
, because I see on the trend line chart Daily still down trend right now.Just curious, what time-frame you drew your trend line ?
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
You did not tell us what the is the price when you bought your bitcoin or are you using gaining or losing at the current rate, it is always a wise decision to sell when it is high so you can recover your profit and run into profit at whatever price bitcoin is in, so it's up to you to sell it or hold it.
Thanks all here, I'm not panic, I just too much thinking about probability then I'm afraid , because I see on the trend line chart Daily still down trend right now.
, because I see on the trend line chart Daily still down trend right now. Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
There is no good thing in suggesting you to hold because its all in your conscience whether you hold or you let it go right now. Being in panic mode makes you decide of something you might regret in the future, so make sure when you decide you have a peace of mind. Remember that the history of bitcoin has been like this and could probably be worse, eventually if i were you, i will hold my bitcoin until it will grow higher than what you fear will go.
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
This is common fluctuation in crypto market don't panic yourself definitely it will going to 20k USD but it take some times. Many investors are afraid in this situation so automatically sell the Bitcoin. It is not a good idea in crypto investment if you trusted in Bitcoin you should always hold. When you need money then you should sell your investment it is the best way to gain more profit in cryptocurrency. 
Hii , I'm afraid if Bitcoin back below 6K again, should I hold till 20K or close right now?
I suggest you to hold because the price of bitcoin is moving in a particular pattern from that hard crash like bump and a little correction then a bump and the correction so we can expect the currency dump is also in the same patter so the price will rise again in the coming days. Jump to: