Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL? - page 12. (Read 2700 times)
At this point in time the option that i believe most people would go for is to hold bitcoin because selling at this point in time would make you lose and also you will regret it totally when bitcoin starts to rise. Hold bitcoin for now and the market will increase with time.
But what's the point of selling now, when the price is almost at the bottom? I think that now, on the contrary, you need to increase the number of cryptocurrencies in your portfolio. because in December, we are waiting for positive news from which the price of Bitcoin simply can not grow.
Never sell at loss. I prefer to keep holding my bitcoin, and tried to buying more coins each the price decreasing, so when the price starting to recover, it's also covering my loss/minus. I strongly believe Bitcoin will pulling up again their value, it's just about the time.
yes for me HOLD is not waiting for uncertainty, but sure that the longer you hold back when cheap prices or increase your BTC assets, it will also produce very profitable results later when prices rise, and it is certain and not a dream. because in the crypto world nothing is impossible.
Shouldn't this be over in the bitcoin thread?
Well, when the value of your asset plunges selling it at that time is not very profitable is it?
I suppose there is the strategy of selling for a loss to prevent further losses, but how manypeople are actually doing that?
My guess is most are selling out of panic.
btc had been in the $6000 range for a whoel 3 month period.
This steady value is really rare for crypto.
It was either going to spring up or down, and in this case it went down.
It coincided with the stock market fall that happened the same day.
This shows that crypto is actually becoming much more integrated into the overall financial landscape.
Well, when the value of your asset plunges selling it at that time is not very profitable is it?
I suppose there is the strategy of selling for a loss to prevent further losses, but how manypeople are actually doing that?
My guess is most are selling out of panic.
btc had been in the $6000 range for a whoel 3 month period.
This steady value is really rare for crypto.
It was either going to spring up or down, and in this case it went down.
It coincided with the stock market fall that happened the same day.
This shows that crypto is actually becoming much more integrated into the overall financial landscape.
I think holding what you have and buying new Bitcoin is better option than selling. In last few months we saw some bit corrections in the market. This is one of them so I don't think that panic will help a little bit. It just give you more headache. Just don't think about it. It will recover as soon as possible. Even the market was stable for a long time. Many news coming market is going up and then suddenly this bch guys make this market q circus. And you can see what happens. Just wait it will recover in a month. Or maybe on a week. And who know maybe the bull run comes with it.
More chance in the coming days Bitcoin again surpass the value 6k$ or 6500$ or even more also. Already we are waiting for the Bhakkt platform news impact but can't see any good sign. Maybe in the End of Nov or in first week of December we can see that.
At what price did you open a position on Bitcoin? If it is too the difference with the current sense to do it? You will lose too much money.
if I think that's very good bro. if we store the bitcoin we have until the price rises again. in fact, I always think that the action is more profitable than we have to sell now. If you want your choise.
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?
No of course, do not panic, expect that bitcoin can fall to 4800, just calm down because in the future the price of bitcoin will recover! 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?
What is happening in the past few day is truly terrible. But only those people who can stand this downfall will have a good profit in the future. I am very optimistic that the bitcoin will be great soon.
Bitcoin is one of the secured crypto investment because of its large investor-support base. Bitcoin does not follow the pump and dump trend as most coins do, hence it takes time for Bitcoin to take on new giant price records on the market. One of the best approaches to make the best out of Bitcoin is to HODL and wait patiently for its bull run.
When you already realize that you will loose your money if you sell the coins right now, why you should sell them> Can you be more patient to wait for this moment passed? I think that holding is the best way for now because I believe that the price of BTC can be higher again. At least reaching at $6k.
Indeed Hodling is all you can do now if you bought your bitcoin in the early months of this year. however there is a chance for the price to fall back again, so in the end of the day the decision is yours. But there is no problem hodling it if you lost a big amount then think that you are not the only one. but if the bull run come then all of your struggles will payed.
Don't sell because BTC price is so cheap now! I can recommend to buy BTC now and buy more if the price will fall. HODL and/or buy more cheaper is the right action for BTC now!
Please understand what is happening. Bitcoin has just broken out of a massive bear pennant pattern on the monthly chart. The next price target is sub $4000. Plan accordingly. This is day 1 of another round of selling. Prices will continue to drop hard. Preserve what you can as whales will be forced into selling then the bottom will drop out.
I think it's definitely worth keeping. Sell-do not even think about it. Bitcoin before the end of this year will grow to 7500, maybe up to 8000 dollars. Wait.
In coinmarketcap we seeing that hole market is red again now it is right time to buy more BTC, after pump it is lowest price in history.
Keep holding and if you still have free money, I think you should buy more, keep buying more BTC at lower price is also a kind of cutting loss 
. Don't be panic cause this situation will not last for so long, bear market can't last forever, as long as you can keep and wait then you'll get rich.
. Don't be panic cause this situation will not last for so long, bear market can't last forever, as long as you can keep and wait then you'll get rich. 
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?
i advice you if you have liquidity to buy more btc it will rise again the market is constantly changing and you should be patient
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