Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL? - page 11. (Read 2688 times)
Bitcoin and crypto are going to drop more free fall even. Another 50% potentially. right through Christmas and the new year. We will not see a turn around on the Bear market until Maybe March then a slow rise gaining strength I doubt wether we will see bitcoin above 8k before 2020
Since bitcoin is the first cryptocurrency that available, and many people still have faith in it, so holding a little longer would be better than selling them right now. I believe the price of bitcoin will increase again in the future.
There's no point in selling BTC now when price is so low. Better wait and hodl. And buy, if you have money to invest. It's such a perfect moment to buy bitcoin now, I wonder why someone may decide to sell it.
It depends on your strategy because I am sure that we have different strategies. I think if people want to use bitcoin for a long-term investment, then they should not worry about the up and down of the price and they still hold the bitcoin. But if you have a short-term investment, then hold is not for you and if you sell right now, you need to calculate how much loss you will get and do you accept your loss or not. I think if we bought bitcoin at a higher price and then the price is dropping like now, we need to hold it and rebuy bitcoin because this is the good time to add more bitcoin in your wallet.
It is impossible to predict the price whether it will increase or decrease but we have to move according to market. Now it is not the right decision to buy the bitcoin instead of selling them in the market. We need to have little patience when the market is in huge fluctuations it might damage your investment.
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
No one can ever really say if Bitcoin and the rest of the alts will further drop in the coming months.
If you followed rule#1 of crypto investing, invest only what you can afford to lose, then you can hodl and weather this bearish storm.
Good luck to us all!
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
i think selling now will make us regret in the future, i am currently considering this. should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
i have assets in crypto and i am sad when prices fall.
but i don't want to sell now, i will wait for the market to improve. i'm sure it will happen in the near future.
Since bitcoin is the first cryptocurrency that available, and many people still have faith in it, so holding a little longer would be better than selling them right now. I believe the price of bitcoin will increase again in the future.
If I were you, I'll but more! Let me tell you this, bitcoin has 21 millions of supply only if the world will adopt this coin in the near future in every transactions, do you think that amount of supply is enough for everyone or to every rich person who can afford it? Of course it's not enough and bitcoin that time will be more rare. So if you think bitcoin is not worth it to hodl just think of it. And that near future is near.
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
It depends on you, if you think this market will drop more then sold your coin at your own risk.should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
Personally, I don't want to panic at all because I know I will just lose money if I continue to work with my emotion.
I will still choose to hold my bitcoin and I will buy more, the future will still be good for us.
This current selloff may be the final selloff to scare people by breaking below the $6k strong support. It is time to hold on or add more.
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
It depends on you, if you think this market will drop more then sold your coin at your own risk.should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
Personally, I don't want to panic at all because I know I will just lose money if I continue to work with my emotion.
I will still choose to hold my bitcoin and I will buy more, the future will still be good for us.
According to a recent survey 50% of consumers who've invested in Bitcoin think it's a good long term investment so if you're focused on the shorter term it might not be for you, but if you're in for the long haul then you'll likely benefit from HODL'ing even if you bought in at a more expensive price
If you're a new investor then big dips are the ideal time to enter the market as you'll get good discounts on alternatives
If you're a new investor then big dips are the ideal time to enter the market as you'll get good discounts on alternatives
The question is, will you make profit when you sell your Bitcoin at $5,500? Every sale is expected to yield a satisfactory profit and as such it is only good for investors to hold in such a bearish market condition and if possible buy more BTC because the price is relatively cheap. Bitcoin will definitely recover just as it has always been since its inception.
A friendly reminder, i think if you have to sell for now if there is even small profit, or else no profit in next decreasing price. But if you take the risk of holding your bitcoin, you should be patiently wait for the possibillity to raised its price and sell for making profit in the future.
I think HODL is better strategy is this uncertain market condition. Its much better because we can not predict where market move and its we are already know that bitcoin is long term investment.
The good thing we do is to hold our bitcoin because i know after this falling it will surprise us that bitcoin will strike back and that is the time we are very happy for holding our bitcoin, if you get panic selling your getting regret by yourself soon.
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
Buy more bitcoin instead of selling it in deep because it is cheaper now and selling would be a bad move because you will lose some of your investments just wait for it to rise again. should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
You understand that nothing good will come of it. You will close all positions and say goodbye to the cryptocurrency until it costs $ 100k.
As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
if you want to sell Bitcoin now at the price of $ 5600 then you are late to sell it, because why you don't sell when the price hasn't down at the price of $ 6500, maybe you believe if the price of Bitcoin can increase, so you still hold Bitcoin? therefore I suggest to still keep hold, because I'm sure the price of Bitcoin will definitely increase again even though it requires a long time and if you sell it now then you are just wasting your time to hold Bitcoin you have without getting profit and even loss.
I am sure that the bulls will return to the market very soon therefore it is absolutely necessary to hold their coins
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