BITCOIN DROPS TO $5,600. HOLD OR SELL? - page 3.

bitcon

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Quote from: sieemma on December 22, 2018, 12:38:09 AM

Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

I do believe that the market started to recover. The stagnation after the bloodbath lasted too long. Now, the time for the new changes has come. Meanwhile, I think the recovery process will be very slow.

Runbitup

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Quote from: sieemma on December 22, 2018, 12:38:09 AM

Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

Yes. all depends on each person. there are even people who continue to hold Bitcoin even though they suffer losses because they believe that Bitcoin will rise. especially for those who buy Bitcoin when the price is below the price of $ 5,600 they will remain calm because they are still profitable. but my suggestion is that if we want to get crypto profits even though we experience a loss, we may not sell it directly especially if there is still hope to rise even if it's small.

gilangIDR

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Quote from: mandor on December 22, 2018, 01:47:28 AM

Quote from: Google+ on December 18, 2018, 02:23:21 AM

Bitcoin prices currently reach $ 3500 even a few days ago the price of bitcoin touched $ 3200 and you should be able to take advantage of such moments to be able to buy some bitcoin. if you have bitcoin and are stuck at a high price then the best way is to hold.

that's it's a good strategy for investing in Bitcoin because we have to have the skills to buy or sell and take advantage of the moment when Bitcoin starts falling or rising. one more addition, don't forget to always monitor market price movements to see the right time to sell or buy and patience is also needed in trading.

Monitor price movements At any time can make us get the right momentum. Investing in crypto gives us the opportunity to earn income, including when we try to buy multiple Bitcoins. The price of Bitcoin has returned to get a significant increase, we are now happy because before Christmas and holidays we can benefit from the action of selling and buying bitcoin.

mandor

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Trphy.io

Quote from: Google+ on December 18, 2018, 02:23:21 AM

Bitcoin prices currently reach $ 3500 even a few days ago the price of bitcoin touched $ 3200 and you should be able to take advantage of such moments to be able to buy some bitcoin. if you have bitcoin and are stuck at a high price then the best way is to hold.

that's it's a good strategy for investing in Bitcoin because we have to have the skills to buy or sell and take advantage of the moment when Bitcoin starts falling or rising. one more addition, don't forget to always monitor market price movements to see the right time to sell or buy and patience is also needed in trading.

sieemma

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Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

Ruffian1314

copper member

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Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

The best thing to do is to hodl and buy more while the price is still low. Bitcoin will definitely recover along with the whole crypto market and i think it is still possible to reach a new ATH so hodl is the best thing to do. Bitcoin is for a long term investment and not for a get rich quick scheme.

Lolox

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In my opinion, as a BTC holder, sticking to the investment to continue patiently waiting for the return from crypto. This is not the first event experienced by Bitcoin, and Bitcoin is able to show its ability to generate value again. So in the future, it is still possible for bitcoin to increase again. And you don't get a loss if you don't sell your bitcoin at a low price.

No One

jr. member

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Now bitcoin fell to below $3500, more drop than the time you posted the comment. If you had sold at that time, you would have made more profit. And you could buy at this time when its prices are much lower. Short term trading is i think more beneficial than long term.

Google+

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Leading Crypto Sports Betting & Casino Platform

Bitcoin prices currently reach $ 3500 even a few days ago the price of bitcoin touched $ 3200 and you should be able to take advantage of such moments to be able to buy some bitcoin. if you have bitcoin and are stuck at a high price then the best way is to hold.

KingOfWinterfell01

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Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

Might as well sell. It's probably hopeless for bitcoins to start climbing in price anyway. It's useless to invest in bitcoins now since it continues to decline. You might want to buy bitcoins when it stops decreasing and from there, anticipate its price incline towards infinity.

fibrolit

sr. member

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Those who still have capital can earn on such an unstable falling market.Bitcoin has been regularly dangling between 3200 and 3600 in recent weeks.You can make several deals per day.

ansarose1

member

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There's no room for selling decreasing bitcoin price now because its so late to sell or trade. I think that it is much better to hold and use it for future investments.

sergey1301

jr. member

Activity: 336

Merit: 1

Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

Bitcoin costs $ 3500 (18.12.2018). I advise you to hold it and not panic. I think in 2019, the price of bitcoin will grow by 5 times.

nitin8263

copper member

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In my sense you should hold your coins because in 2019 the price of the bitcoin can be a very high and you can take huge gain if you hold your coin till the right time.

tranquangvinh

full member

Activity: 546

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Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

With the current situation, I think holding is the best way, it will reduce your risk more when you sell to cut loss.Now the price of bitcoin is quite low, you will not know its price will increase higher or decrease lower, but for me, I think the percentage will be higher, if it falls, I will use my savings to invest in it.

entebah

full member

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If you are a person who believes in the rise of Bitcoin prices, surely you will hold it back until the price returns, but if you are a person who does not have confidence in the increase in Bitcoin prices, surely the choice that will be made is to sell it. So it all depends on each other's beliefs, if I personally believe that there will be a rise in the price of Bitcoin after this decline.

Dhoe

hero member

Activity: 1442

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Quote from: adamreb on December 12, 2018, 12:58:19 AM

Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

In fact, everyone can express their opinion on this issue. But personally, I still keep hold their BTC for the future. Now I plan to wait, it is likely that from next year the active appreciation of Bitcoin will be restored.

In this situation holding is the best way to get profit in the future. I personally will be preparing my funds
to buy Bitcoin if the price declined again later. I believe the price Bitcoin will go back up in the end 2019 later.

adamreb

member

Activity: 434

Merit: 10

Quote from: xhibit1 on November 15, 2018, 07:08:49 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?

In fact, everyone can express their opinion on this issue. But personally, I still keep hold their BTC for the future. Now I plan to wait, it is likely that from next year the active appreciation of Bitcoin will be restored.

aces777

sr. member

Activity: 686

Merit: 250

Quote from: xhibit1 on November 15, 2018, 07:08:49 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 that we are all just holding till the coins plummet to a point where there is no option to sell it since you would not be making anything from selling. The people who were smart enough got out when the coins were just still starting to drop, everyone else got screwed over in the process which is pretty much how investing works.

Aryleeto

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Activity: 406

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Quote from: xhibit1 on November 15, 2018, 07:08:49 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 if you then sold a great time , and now you can look closely to buy, but do not invest all the money, because we can still touch 2800

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