bitcoin now slowly drop should i sell? - page 8.

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Quote from: BTCeminjas on December 07, 2017, 07:45:06 AM

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.

Its up to you. Its your choice whether to sell or patiently wait until its price became worthy again. Bitcoin always fluctuates and changes every other time and it should not be surprising, it always happen. And if you're aiming for a great amount of profit in the near time, it is better to hold since bitcoin come backs more powerful than before.

s31joemhar

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NO, it is the biggest mistake that everyone made. When they see the market value of bitcoin slowly drops down they sell it,
but they should hold it and buy more coins at lower price. Bitcoin is currency which always fluctuates in the market which a normal phenomena.

clubchain

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I think the current volatility is normal. After all, many governments have recently banned bitcoin trading, and I believe its price will still rise. However, if you do not want to take risks, it is still good for sale, mainly depending on how you think about it.

Xzhyte

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Blockchain with solar energy

It depends on what you want to do, as the price is steadily dropping and the moment, you can sell it for now and buy more when it falls a certain amount. But for me, it's still best to hold and just buy more bitcoins while its cheap.

BitcoinCasinoFinder.com

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Your GateWay to Bitcoin Gambling Greatness

A lot of crypto-based publications wrote that January isn't the best time to be invested in cryptos. They based on previous years that every January the price drops and has been consistent over the past 4 years. If you'll remember December 2016's price peaked at $1,100 but then dropped to around $700 mid-January. Moreover, a lot of people (majority in Asia) are exchanging their cryptos to fiat in preparation for the Lunar New Year. These are the causes why Bitcoin is dropping.

In hindsight, while the value is low, it's also a good time to buy Bitcoin. I guess patience is key when it comes to cryptocurrencies.

LogitechMouse

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It depends on you to be honest. I advice you to invest more since the price of bitcoin is slowly dropping. Instead of selling, why don't you invest more for more profit in the future. Just hold it because many believe that the price of bitcoin will increase in the next years. Now is the time to invest and not to sell.

rainezerr401

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Quote from: BTCeminjas on December 07, 2017, 07:45:06 AM

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.

If bitcoins value is dropping then it only means that you should invest, look at the markets down time as a good time to invest since the prices of every coin in the market is very low and do not become depressed because it will eventually go back to normal after a few months and you will earn a huge amount of profit depending on your capital.

jazpreti

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That depends on you. Bitcoin is slowing down but if you are patient enough, you can wait a little longer because bitcoin will surely increase later than this year hopefully. Its not yet time to buy or tading for bitcoin nowadays but let us see by the end of this year, bitcoin will surely increase. Just be patient.

@aria

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Did you sell your BTC back then? Maybe time to buy it back?

deppil

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Quote from: BitcoinPC on January 31, 2018, 04:14:33 AM

Quote from: nsiman on January 31, 2018, 03:57:32 AM

It's your choice to sell or not but I will advise you hold cos it will definitely pump soon

Yes, it is his choice whatever he do with his bitcoins. But i also advice him, it is not a trader habit that you sell you coins in a dump price, being a practical and hold it for a time, bitcoin 100% will rise and when it will rise then we have a good time to sell our bitcoin in a profit.

But sometimes continuing price drop makes you feel even more scared. I know all traders must have experienced this. it is impossible that they are not afraid when prices go down especially if they hold dozens or hundreds of bitcoins. but it's true what you say is stupid if you sells at a dump price. do not think negatively because it just make you scares and panics and worsens the market. think positively! bitcoin will pump soon, I would advice to hold. same what I do

Freyya08

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When bitcoin value drops, you should hodl your bitcoin. When bigcoin value goes down, it is not the time to sell, it is the time to pirchase more bitcoin so long as you have the financial Capacity to do so. Bitcoin has been down for quite a while but i am very much hopeful that it will rise soon so better hodl those coins and wait.

bitcoin20

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Be careful BTC is now on the main resistant line, it can raise more. if this line 9500 will broken, so it can dump more

Kulafu

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Quote from: BTCeminjas on December 07, 2017, 07:45:06 AM

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.

Wait a few week dude. Price will be recover then. Seems the approaching Chinese New affect the price right now. We all know there are huge of Chinese populations in the cryptocurrency so their volume (if most of them sell btc) will great affect the price in the market.

BitcoinPC

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Quote from: nsiman on January 31, 2018, 03:57:32 AM

It's your choice to sell or not but I will advise you hold cos it will definitely pump soon

Yes, it is his choice whatever he do with his bitcoins. But i also advice him, it is not a trader habit that you sell you coins in a dump price, being a practical and hold it for a time, bitcoin 100% will rise and when it will rise then we have a good time to sell our bitcoin in a profit.

sana gull

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Quote from: Spades77 on January 31, 2018, 03:52:12 AM

I would suggest you don not sell and just wait for the price to go up again. Bitcoin is very volatile but it has proven itself for several years already that, it can rise above every drop it had. So I hope this helps.

Even no one can assure him about increasing price of bitcoin. but still most of the people opinion is to hold bitcoin, even some expert people are hoping that bitcoin price will increase very soon, therefore holding bitcoin will be a right decision in current time, because bitcoin price is already trading in low price and we are not expecting that its price will decrease any more.

nsiman

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It's your choice to sell or not but I will advise you hold cos it will definitely pump soon

Spades77

jr. member

Activity: 132

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I would suggest you don not sell and just wait for the price to go up again. Bitcoin is very volatile but it has proven itself for several years already that, it can rise above every drop it had. So I hope this helps.

Razo123

newbie

Activity: 60

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No. This is the time to buy bitcoin because the value is low. Thats is what you call holding. If the bitcoin price starts to increase gradually that is the time to decide whether you hold it more or to sell it.

cryptopolus

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I found this Churchill quote in the morning! In the light of recent events ( bloody red market) I think it fits well:

"This is no time for ease and comfort. It is time to dare and endure."

shaheer001

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Please don't sell at this low price as Bitcoin will start rising soon, so wait for some weeks and earn huge profit in return but if you have invested your all assets in Bitcoin withdraw some in your safe bank account.

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