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Topic: Bubble Burst ? - page 3. (Read 684 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
January 12, 2018, 11:08:58 AM
#44
divide and conquer is a better approach Grin

divide the money you have into different amounts. sell some to have some money at hand to buy the dips. this should be small since using exchanges is risky.
set some apart for cold storage to hold long term and don't touch. this can be bigger because of long term potential and again since exchanges are risky.
and finally set some for trading. buy the coins you like and make profit from them and then move the profit away in cold storage or if it is big enough divide it again (sell store trade)
full member
Activity: 476
Merit: 105
January 12, 2018, 10:58:22 AM
#43
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?
Nah don't jump too quickly to those coins they got a lot of issues lately, compare it to its price last October ranging from 5k to 6k dollars up to this point, it's too early to leave the boat as you may regret it later, it is proven that although there would be a major corrections and dump to its price, it always sore after that suggestion is to take the advice of the majority hold and observe first then make a conclusion but if you really want to dive to another coin, don't take all your investments to btc.
copper member
Activity: 490
Merit: 105
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January 12, 2018, 10:56:08 AM
#42
I dont understand why have you kept the title as bubble burst since there is nothing similar to that happening right now. The price of bitcoin is a little down than it was before but that doesn't mean that the bubble has burst. It is a correction that bitcoin is suffering from and it is quite normal in crypto. Bitcoin has been facing a lot of attacks recently and a lot of surge in price and it was quite necessary for bitcoin to undergo this correction. Now the peice of bitcoin can increase steadily. It just needs a positive news which will boost the price of bitcoin to new heights.
full member
Activity: 168
Merit: 100
January 12, 2018, 10:52:38 AM
#41
We have talkin about the bubble thing for a long time. I mean if already happens then everything should much more different with what we have now. Though I have to agree that the price is very different from what we expect i suggest you just hold it for now. It seems not a good idea to do haste decision as of the moment. And based on your question i would suggest BCH.
sr. member
Activity: 700
Merit: 350
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January 12, 2018, 10:45:39 AM
#40
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

Why do you say that this correction is looking to big? I think it's perfectly acceptable that the bitcoin price went up the way it did, since it was getting major awareness, and now that the awareness factor has passed away, bitcoin will need development improvements to rise again, or real changes regarding regulation or finance markets integration. Until then, it's perfectly normal that people are not buying anymore, and those that don't really understand the coin and it's potencial will probably sell it now for profit, or maybe in a loss for a lot of cases. Only those that know what are the future plans for bitcoin (like ETFs and lightning network that will allow global adoption and use) will hold the coin. Those that only see it's price, are selling right now, only to see that they bought at a temporary top, and sold at the very bottom and lost money.
member
Activity: 504
Merit: 14
Miracle Tele
January 12, 2018, 09:56:00 AM
#39

     It's not time to sell now, I think. Bitcoin will reach an unbeatable price. You can also invest in other currencies if you want, not just the ones you mentioned. It does not mean that if you buy the top coins, it will provide you with a big profit.
member
Activity: 126
Merit: 10
January 12, 2018, 09:29:23 AM
#38
So much subjects about bitcoin as bubble.
There is some speculative part in it, but it does have absolute advantages people all over the world gone crazy on.
full member
Activity: 658
Merit: 103
January 12, 2018, 09:09:58 AM
#37
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?
Dont switch your main holdings other than bitcoin or else youll regret it. Dont panic just hold if you have that attitude youll succeed on it. Maybe put some effort on some altcoins to earn some of it.
newbie
Activity: 28
Merit: 0
January 12, 2018, 09:07:42 AM
#36
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

Cash out and retire. LOL just kidding. Just hodl and keep believing on bitcoin. It will be back again anytime soon and with a new record just like last year.
newbie
Activity: 5
Merit: 0
January 12, 2018, 09:06:05 AM
#35
I wouldn't call it "burst" since that would be something quite different. When a bubble bursts everyone dies Smiley and I believe this is something different.
newbie
Activity: 33
Merit: 0
January 12, 2018, 08:56:32 AM
#34
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?


Booms and bust are part of every single market. Dont be scared of them, they are your friend. Just play em Wink
legendary
Activity: 1316
Merit: 1011
December 24, 2017, 07:06:12 AM
#33
Oh my god, will we get a thread like this for every correction ? This is the downside of having too many newbies on the market, no nerves, only weakhands

Yes, those new investors are new to these high fluctuations and they will sell in a panic. Those old investors know how crypto prices moves will not get panic and sell instead they may buy some more during these downturns and make more profit when prices go up. I too just holding all my bitcoins because prices went up too fast and corrections were expected.
full member
Activity: 574
Merit: 102
December 24, 2017, 06:24:58 AM
#32
This price correction is normal and part of the cycle of the crypto market, I suggest you to hold your coin or buy more if you have the money.
legendary
Activity: 1582
Merit: 1059
December 24, 2017, 06:03:56 AM
#31
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

I think people need to understand that despite what a lot of people think or say, the real interest is in bitcoin, and it will take a very amazing new coin to show up and still it's leadership. If bitcoin crashes, the other cryptos wont survive as well, so no point in buying the result from bitcoin forks, as they don't have any chances of taking it's place. Bcash even got a bigger correction than bitcoin had.

Anyway, this is not a crash and as usual bitcoin will recover from this. This is how I see bitcoin: if it succeeds as a global currency, it's price will need to reach a price of at least $500k, if it fails it could go to zero. So from this perspective, I think even at it's previous all time highs, bitcoin had a good price, because the reward ratio I would get if BTC succeeded it would be huge. Since you can buy just small portions of bitcoin, everyone can invest in this experiment whatever they can afford to lose. Given the max potencial of the coin, I would say it's a pretty good investment.
sr. member
Activity: 2114
Merit: 284
December 24, 2017, 05:52:51 AM
#30
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?
on that option for me i will choose bitcoin cause maybe bitcoin will rocketed again. And in my opinion i think much better to sell now and then buy more when you notice bitcoin climbing.  Cause this time is not safe to hold cause you will lose more and as i see bitcoin still decreasing.
newbie
Activity: 31
Merit: 0
December 24, 2017, 05:21:59 AM
#29
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

My opinion is that it will not drop much more. I personally will hold and sell at 20-25k.
full member
Activity: 585
Merit: 100
December 24, 2017, 04:18:17 AM
#28
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

Currently, I still keep my entire bitcoin number, selling bitcoin now is not a smart job. Conversely, the market is fluctuating strongly, this is a good time for any trader to make a profit. and i'm using it.
legendary
Activity: 980
Merit: 1000
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December 24, 2017, 03:46:33 AM
#27
Oh my god, will we get a thread like this for every correction ? This is the downside of having too many newbies on the market, no nerves, only weakhands
legendary
Activity: 2436
Merit: 1189
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December 24, 2017, 03:18:52 AM
#26
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?
in resent market it is so tough to say about market and prediction. when which coin will pump or dump i dont understand. Any time can pump any coin. bch already completed a big pump resently.but simply dump now for btc dump and christmas.So i think btg will make a pump in coming future.Btg is my recommanded.
full member
Activity: 952
Merit: 104
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December 24, 2017, 02:24:26 AM
#25
The Bitcoin correction seems too far and too quick . Hold ? Or sell and buy Bitcoin Cash? Or BTG or BTH? Any suggestions ?

It is still too early to decide whether you sell your bitcoin or invest on snother cryptocurrency. Yes bitcoin drops significantly but it does not mean it will go down from where it started, remember that patience is a virtue. Wait until it lowest drop and buy bitcoin then hold your previous balance, there you will see that you will gain more profit that going panic selling on your bitcoin.
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