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Topic: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. - page 13. (Read 4521 times)

legendary
Activity: 2044
Merit: 1115
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There was no market crash, and I believe we will not see it. As for the choice between holding and selling, I will definitely choose to hold. Why should I sell the coins when they are supposed to gain?

Because anyone telling you they're "supposed to gain" doesn't know what they're talking about. When the price was $19,000, people were still saying it was a buying opportunity because the coins were "supposed to gain" all the way to the moon.  But they didn't, because that's not how markets work. People wouldn't know the moon if they crashed right into the side of it, which we very likely did. We already went to the moon, and now we're on our way back down to Earth in a slow, controlled descent. 

The market most certainly did crash. It's down over 70% from ATH. That's a monster crash. Any momentum to try and break this fall is short lived and easily reversed. As for why you would choose to sell, it's because you don't know how low it's going to go, if it will ever recover, or if it does recover how much the recovery will be or how long it will sustain. You would sell to limit risk of additional losses.
hero member
Activity: 896
Merit: 500
There was no market crash, and I believe we will not see it. As for the choice between holding and selling, I will definitely choose to hold. Why should I sell the coins when they are supposed to gain?
full member
Activity: 504
Merit: 100
yes you are right I think you should hold the bitcoin you have for a longer time because this bitcoin has very good potential and can be very expensive so keep as much bitcoin as you can. over the years the bitcoin will become more expensive and more difficult to obtain.
sr. member
Activity: 1512
Merit: 316
Yeah i had been holding for a while and indeed i will still hold if there are no emergency arises. I had a great financial problem so i resorted to sell my BTC even if it has small market price value for now. I did not have the choice because it is for medical expenses but still i am positive that one day i could recover from the loss.

If money is not a constraint then you are correct that you should hold during tough times as in the bright times every one wants to sell. So if people sell now it means they are losing a huge bright opportunity which they could have made money during the rise.
 
sr. member
Activity: 659
Merit: 250
Yeah i had been holding for a while and indeed i will still hold if there are no emergency arises. I had a great financial problem so i resorted to sell my BTC even if it has small market price value for now. I did not have the choice because it is for medical expenses but still i am positive that one day i could recover from the loss.
In that situation you have not to put all your money on bitcoins or any other investment. You have to set aside any amount of allocation that you may use for emergency or if not in some needs when expenses arises. Market will go recover but we aren't sure when it is especially for altcoins its been very low since december 2017.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
Yeah i had been holding for a while and indeed i will still hold if there are no emergency arises. I had a great financial problem so i resorted to sell my BTC even if it has small market price value for now. I did not have the choice because it is for medical expenses but still i am positive that one day i could recover from the loss.
full member
Activity: 322
Merit: 100
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it
If the cost is low it is a to a great degree welcome to people for the whole deal ventures since they know we at first quarter yet in the year this is the perfect time to exchange while in the meantime the cost is low this is a long outing yet, weak hands people's will surely dump amid this preview of time.
hero member
Activity: 1148
Merit: 504
Bitcoin is currently down, Hold your bitcoin until some time or next year definitely bitcoin will go up again and of course you are right in this case. I also think that if we sell bitcoin now. Same thing we do not get a profit or in other words just as we commit suicide together build poverty
Yeah if you think far or longterm, then selling now is a disadvantage, but if you invest short-term then do the analysis to determine the choice between cutlose or holding is something that needs to be done, because you know it's possible the price will go back down right?
member
Activity: 378
Merit: 10
Everyone hodl their bitcoin in many months because they believe of bitcoin that it will be more valuable and profitable and because of this believers many investors are curious about bitcoin so the curiosity they gain a lot of investors so hold and believe.
member
Activity: 322
Merit: 12
While you hodl, it is important  to study the market to no if there are new good entry points. You can choose to hodl  some of your tokens and trade the rest to maximize your profit.
newbie
Activity: 226
Merit: 0
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it


Hold is the best strategies to earn more profits in bitcoin. This is the way I handle my investment in  bitcoin.  I always keep on monitoring  the price of bitcoin in the market cap. and if I see the good chance to trade my bitcoin then I sell it right away and earn more profits.
member
Activity: 392
Merit: 10
I also want HODL very much, but due to financial pressure, there is no way to keep HODL!
The market has been in a trough for too long, it is difficult to stick to it. August 10 is the last date I insisted on. I am going to sell all my cryptocurrencies on that day!
member
Activity: 280
Merit: 10
When you sell something you always lost some money. Just like to sell your phone, you was buying it in a magazine Enterprise was one and now the price is fall down maybe in twice. The same situation when you sell your Bitcoin. When is the prices for it is the best time to invest in it.
It is no surprise that all transactional intermediaries, including wallets, also charge a transaction fee. The hold is completely free of transaction costs but if the profit margin is very high then the cost is no longer a problem anymore. This is simple to understand.
full member
Activity: 395
Merit: 100
Market Integration Platform
When you sell something you always lost some money. Just like to sell your phone, you was buying it in a magazine Enterprise was one and now the price is fall down maybe in twice. The same situation when you sell your Bitcoin. When is the prices for it is the best time to invest in it.
newbie
Activity: 112
Merit: 0
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it

Yes practically you are correct you will not loss if you just only hold it but if you sell it for a low price well it is time that you will loss lots of profit...  As for now it is better to hold it rather than getting panic because of the volatiity of the price... A lots of people used it to avoid possible loses...  Try it also if you want and you will realize that it a right decision....

I hodl more than 1 year and some coins are still in the red , if i traded  i would get some profit
jr. member
Activity: 83
Merit: 1
I think that now is a good chance for those who have long decided to buy or not to buy cryptocurrency. Moreover, the exchange rate Bitcoin returns the lost positions after the failure last week. I believe that this week we can expect further jumps in the price of bitcoin.
Yeah you are absolutely right. Selling is not good decision in these days. The price is increasing and those who hold their coins will make huge profits in the near future and if you sell due to panic about the price you will not be able to buy again because of the high price. Better not to panic and hold your coins for some time. It is not eating anything so let them fill-up Your wallet.
jr. member
Activity: 80
Merit: 1
Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ Cheesy

What do you think? How low bitcoin can go?


Just hodl it
yes this is the time to hodl and buy. I think if there is someone who is selling their bitcoins now,they are stupid. They are contributing to the downfall of bitcoin's price. If we just hodl, we can somehow prevent bitcoin from falling continuously.
This time is not for selling but for buying more and holding your existing coins. The price is on the way up and soon we will see big bump in the price. Till that time you should hold your coins if you want to earn money from your investment. Try to buy more on low price cause it is the rules of trading. Bitcoin is just like stock exchange shares, buy on low and sell on high.
member
Activity: 322
Merit: 10
It's true if you do not sell the coins you have then you will not lose if the price of the lon is down again you better keep the coins you have until there is a very expensive price to be able to sell your coins now and in the end you will benefit greatly
newbie
Activity: 74
Merit: 0
Of you refer the current situation, yeah you made the right decisions to hold your token while bitcoin market is down. Don't sell it yet always put it in your mine that the price of every currency is not stable, this is a part of the money game, hold it because bull run is coming.
full member
Activity: 350
Merit: 100
Bitcoin is currently down, Hold your bitcoin until some time or next year definitely bitcoin will go up again and of course you are right in this case. I also think that if we sell bitcoin now. Same thing we do not get a profit or in other words just as we commit suicide together build poverty
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