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Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL? - page 16. (Read 2667 times)

copper member
Activity: 995
Merit: 1
November 17, 2018, 07:13:07 AM
I do not think that now is the time to sell Bitcoin. Of course he fell in price. But it often happens. We just have to wait a bit.
sr. member
Activity: 770
Merit: 254
November 17, 2018, 06:57:24 AM
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?
Hold your bitcoin and buy more, bitcoin will go up again just wait this bch mess to pass and you will see it. Or I have better solution, use bitcoin as what it is, buy something with it. Use it for what it is, it was never meant to be asset to invest in it and hold it as long as you can and cashout.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
November 17, 2018, 06:54:11 AM
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?
This year the price of bitcoin was on the decline and it is not a big surprise that the market went down further below $6k but hold on to your coins as the market will recover next year, if you invested last year when the markets were high you might find it hard to see the value going down but i am an early investor and i really do not mind the price as i am here for the long term and i am sure the market will recover in a couple of years and it will breach the all time high valuation, i do expect the market to recover from this slum in December but i am not expecting a big rally anytime soon.
sr. member
Activity: 814
Merit: 258
November 17, 2018, 06:25:29 AM
Hello, I've been following this market for about 4 years and I can tell you that such movements are always seen in the crypto market. Crypto did not win investors this year, but I'm sure he will earn more investors in 2019.
sr. member
Activity: 714
Merit: 250
November 17, 2018, 06:04:24 AM
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 the dropping price of bitcoin will really push you to hold your bitcoin and once you sell it out you lose an opportunity to have good income. I suggest to all holders is just be patient and be brave and bear the curreny situation of market and bitcoin.
jr. member
Activity: 406
Merit: 1
November 17, 2018, 05:48:40 AM
Is better to hodl now price is so dip and we hoping for bull run this December 5600 dollar is so low this time for someone to sell
sr. member
Activity: 1876
Merit: 289
Zawardo
November 17, 2018, 05:22:25 AM
as of now the bitcoin price was stable I think hold for now, don't sell your bitcoin you will lose your money just hold it will increase or you can buy bitcoin at this cheap price you will earn profit once bitcoin bounce again.
jr. member
Activity: 365
Merit: 1
November 17, 2018, 05:14:18 AM
The bull run is coming but when, that is the question. I don't think that this December would be like the last December or something similar. I think this one would be the rare December where every move backfires. But i still suggest to Hold your coins.
sr. member
Activity: 348
Merit: 250
The Exchange for EOS Community
November 17, 2018, 05:13:05 AM
People are mostly selling nowadays because they are panicking, i understand them but selling with losses is not very smart move(if you dont need that money right away) so hodl.
jr. member
Activity: 251
Merit: 6
November 17, 2018, 05:12:06 AM
Bitcoin price would be more lower, you can sell now and buy back when it down to $5k. Or if you can't monitor its price all day, just hold because bitcoin price will pump up to over $10k next year.
member
Activity: 231
Merit: 10
November 17, 2018, 05:01:19 AM
i will be advice you hold your bitcoin because if you sell you will be loose,it is better to buy more if you have extra money because market will be recover soon in next 2 months
sr. member
Activity: 1009
Merit: 328
November 17, 2018, 04:39:45 AM
My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.
Yes you're right. however, sometimes having a lot of bitcoin makes many people doubt. well, we can be sure that the decline in bitcoin prices has been below 12% since the beginning of the month, it can be said to be an extraordinary decline. whether this will be a bad year end or not, I will hold back the assets that I have.
I think holding is a great strategy today due to the very huge dip that we experience. But I think we need also to buy some more coin for good. Because anytime price may rise up high and soon it will become so expensive. So if we have a Capital we maybe buy now and hold for good because the price is unstable, and I believe that time comes that crypto coin will rise up high.
jr. member
Activity: 1008
Merit: 1
November 17, 2018, 04:28:19 AM
Of course you have to hold, this is not the best time to sell Bitcoin, just be patient, because the bull market must come soon.
sr. member
Activity: 1974
Merit: 450
November 17, 2018, 12:44:57 AM
My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.
Yes you're right. however, sometimes having a lot of bitcoin makes many people doubt. well, we can be sure that the decline in bitcoin prices has been below 12% since the beginning of the month, it can be said to be an extraordinary decline. whether this will be a bad year end or not, I will hold back the assets that I have.
full member
Activity: 406
Merit: 100
November 17, 2018, 12:40:38 AM
My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.
member
Activity: 280
Merit: 12
November 17, 2018, 12:39:26 AM
Even though I drop hold bitcoin at this time. there is still confidence that it will be able to return, although it is uncertain but the trust of people today is still very large that the price of bitcoin will recover later

Definitely, it need to recover as the market situation is really bad at the moment. Expectations were higher as we are in last quarter of this year. But I think there might be a bull run in December. Lets wait till that.
jr. member
Activity: 434
Merit: 2
November 17, 2018, 12:11:50 AM
We are not expecting the worst than what we have now,so selling it now is like throwing away your money when you can actually hodl.My advice is that you should hodl cause it will fly soon.
legendary
Activity: 2044
Merit: 1008
November 16, 2018, 11:28:03 PM
For everyone who are new to this kind of thing in cryptocurrency, this would be a nightmare.
But I believe that the condition will get better, just wait for that time to come.

Hmm.... it is a question of who blinks first. If the holders can wait for 1-2 years, then good for them. But I know that not everyone will be capable of doing that. It is a very hard time for the crypto users.
member
Activity: 126
Merit: 15
Fast, Smart, Trustworthy
November 16, 2018, 11:25:27 PM
If you are short of money now, then of course you can sell bitcoin, but I think the price of bitcoin is very low now, it is not a good time to sell, if you have patience, please hold bitcoin for a while, I believe this It will be more profitable than selling it now.
member
Activity: 359
Merit: 10
Fast, Smart, Trustworthy
November 16, 2018, 11:20:28 PM
If Bitcoin cannot be recovered after this decline, then all encryption will not make investors profitable, so if you choose to sell Bitcoin, then please sell other altcoins!
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