BITCOIN DROPS TO $5,600. HOLD OR SELL? - page 9.

hellyah070

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Quote from: xhibit1 on November 15, 2018, 06:08:49 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 guess in the market value of 6000 dollars, it is okay to sell, but I think at the market value of 4500 below, sellers is going to lose. It is late to sell now because in my opinion, buying more is a lot more profitable and beneficial compared to selling at a very low price.

Pepito Manaloto

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MenaPay - Crypto made easier than cash

Quote from: xhibit1 on November 15, 2018, 06:08:49 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?

It is still better to hold in my opinion. The situation is far getting worse resulting for the market value of cryptos to be at their lowest. Many people have already sold their tokens and as such the chance of regaining the profit is already gone. Holding is more necessary because knowing that downtrend is not permanent, huge possibility is present that increase will afterwards occur and as investors we should be patient to wait for such thing to take place

adarwis

sr. member

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if I don't sell it at the moment, my advice is that you better keep holding it up to the normal return price, you are in vain to sell it now because I believe BTC prices will increase again in the near future, so stay optimistic

makadaka

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if you havenâ€™t sold it to you now itâ€™s already very late to sell your coins as Bitcoin is unlikely to be below 4k dollars

Lucky7btc

hero member

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Quote from: tornikejr on November 20, 2018, 03:46:19 PM

The worst decision you can make is to sell your BTC at current price. I think sooner or later situation on the market will change and price of BTC will rise again.

You are going to say the same thing when BTC head sub $1,000 and that's where it's heading. BTC was only a prototype (text) for the new crypto that they will use for the world economy. BTC is old, slow, outdated and uses too much electricity. It has no use for the globalists.

tornikejr

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The worst decision you can make is to sell your BTC at current price. I think sooner or later situation on the market will change and price of BTC will rise again.

baskanx

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Quote from: xhibit1 on November 15, 2018, 06:08:49 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 dropped huge but I wont sell btc from this prices, it can see 4k maybe but this is buying opportunity according to me so I dont recommend for selling from cheap price. I will buy more btc if it drops under 4k dollar.

tytanhamon04

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A nexgen decentralized ride hailing

To my surprise, the price went even lower, it's terrible what ! But I think that those who are on the market now, to get out of it is not worth it, but this is only my opinion !

Galley

member

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Everyone waited so long for Bitcoin to grow in value. And again we see a fall, and surely many are no longer as confused as they used to be. Already accustomed to waiting, wait for more. Sell at a loss wanting a little. Wins the most patient.

Dimm_bounty13

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Tokenize Everything - https://www.udap.io/

Quote from: maydna on November 18, 2018, 10:13:24 PM

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.

Very thoughtful and balanced advice! I recommend all newcomers, who don't know what to do in similar situations, to listen to it! Ofc, you should adopt the advice to your tasks, however, it remains valuable!

tonyvo2017

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Lifestyle & Wellness Platform

Quote from: xhibit1 on November 15, 2018, 06:08:49 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?

A lot of difficulties have occurred and that has made bitcoin prices fall sharply this year. Although no one is sure that it will be reduced now. But be patient because I think the price of bitcoin will increase again because the market is showing signs of recovery. The number of bitcoin buyers is increasing again

vike

full member

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Powered by Artificial Intelligence & Human Experts

Be sure that bitcoin and the rest of the main coins of the market will fall even lower because there will never be coins that are not backed by anything, itâ€™s just supply and demand in the market Wink

Golftech

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Quote from: ninabobo on November 19, 2018, 09:14:45 AM

Quote from: xhibit1 on November 15, 2018, 06:08:49 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 have bitcoin and buy at a price of 8k, if I sell it now I have a big loss. I want to feel like selling it but I believe that bitcoin will grow again even though it isn't for now. yes, the storm will pass
the existence of bitcoin has been more than 10 years. I think our community believes that bitcoin will be able to grow again

The momentum will change though no can say when will be the right time but just what you've said bitcoin already survive for more than 10 years
and things fluctuate like before, the stormy days will end and sun will start to showed up, believe and trust your own instinct if it's needed to extend
your waiting period better than losing your money.

rippar

full member

Activity: 602

Merit: 105

Guess it is a good price to buy it in a long term, because there are a lot of great fundamental news, which will help BTC to go higher. Just remember Bakkt platform.

ninabobo

full member

Activity: 463

Merit: 100

Quote from: xhibit1 on November 15, 2018, 06:08:49 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 have bitcoin and buy at a price of 8k, if I sell it now I have a big loss. I want to feel like selling it but I believe that bitcoin will grow again even though it isn't for now. yes, the storm will pass
the existence of bitcoin has been more than 10 years. I think our community believes that bitcoin will be able to grow again

RobotNIK

jr. member

Activity: 280

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ADAB Solutions First crypto exchange Islamic Cryp

A bull trend may not even come soon, nevertheless, I would not be in a hurry to sell, because anyway there will be growth!

elrugrim

sr. member

Activity: 686

Merit: 251

Now really sharp things are happening for those who do not understand the crypto market. Money in the crypto market is earned by pumping them from one coin to another, which is exactly what is happening now. Big players want to lower the price of bitcoin as low as it will be necessary to start a panic sale.

Lucky7btc

hero member

Activity: 1299

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Quote from: darkangel on November 19, 2018, 08:55:34 AM

Quote from: Lucky7btc on November 19, 2018, 07:37:05 AM

BTC from 20K to 5K what do you think you should do? lmao...

Sadly when it happened, it went against 2017 when the BTC price from 3000$ went up 20000$. How happy we are now we are scared, surely BTC will go down below 5000$ maybe 3000$ will come

Exactly!!! They got the $hit so backward. You hold while it increasing. But once you see it falling you sell. No they want to hold while its crashing LMAO!!!!

Erzinnum

member

Activity: 364

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PRIVACY WITHOUT COMPROMISE

Always think with your own head:) As for me, i will wait for the deeper levels, around 3k according to my forecast. However, i have entered the log position already with the 1/5 of my depo

Tasiril

jr. member

Activity: 122

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”Decentralized Digital Billboards”

I think this is ending this market cycle. But problem is what is the bottom. It can be drop around 4000 area. It will take some time to start next market cycle. This is my thoughts. But every time crypto made us surprise. I think it would be better sell some part.

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