For me, the value of the bitcoin is on the typical drop before not like few months. I figure January or February bitcoin drop just about 60%. No should be panic at all. For now, it is smarter to add more bitcoin to your wallets snatch the moment when the bitcoin is drop. I am almost certain you will gain benefits later. Misfortunes happen when you choose to offer your coins right now.
It is common that holding is better than selling these days. Although the price is going down and now it is less than $8000 but it is hoped that till the end of this year it will reach again to $10000. People are now putting their money in cryptocurrency and the reason is high profits and seems the shortest way of making money compare to other businesses.
Topic: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. - page 18. (Read 4521 times)
June 08, 2018, 01:21:49 AM
June 08, 2018, 12:46:20 AM
If you will ever find a coin that will be worthy of long term holding, buy it, hold it, grab it with all you have and dont sell.
Bitcoin worth for holding maybe the price is on dip but holding is the much better way and used this chance to buy more because bitcoin will bounce back and it will become profitable again proper holding and right timing is needed to never lose our money. June 07, 2018, 10:59:36 PM
It's true now more than ever! I mean i there is a dip in the market then you lost is still virtual. If you wait it out and cash out at the the price higher than when you bought it then it's pure profit. But if the market is down and you actually sold your holdings then you jist made your loss real. So just hold ob to your coins!
June 07, 2018, 10:55:22 PM
holding it will reduce the risk and maybe you will get more profit, I think bitcoin will be more profitable for long term investment and with fluctuating price then the risk will also be higher
June 07, 2018, 10:34:46 PM
Wow, have we been stuck at $7500 for this long? Reminds me of 2016 when we were at $420 for months and months, and I wasn't sure if bitcoin was ever going to go up again--and I'm still not sure, but I'm optimistic.
As far as this thread goes, bitcoin is money. It's a currency. Therefore if bitcoin goes down, you have by definition lost money. When this sentiment of "you don't lose money unless you sell" has always screamed of bullshit to me anyway, even when it's applied to the stock market. A loss is a loss. Sometimes assets just keep going down and never rebound. I'm somewhat a fan of mark-to-market accounting, where the value of what you have is whatever the market says it is at that moment. That is especially true of bitcoin. As I said, it's a currency.
As far as this thread goes, bitcoin is money. It's a currency. Therefore if bitcoin goes down, you have by definition lost money. When this sentiment of "you don't lose money unless you sell" has always screamed of bullshit to me anyway, even when it's applied to the stock market. A loss is a loss. Sometimes assets just keep going down and never rebound. I'm somewhat a fan of mark-to-market accounting, where the value of what you have is whatever the market says it is at that moment. That is especially true of bitcoin. As I said, it's a currency.
June 07, 2018, 10:29:09 PM
Yes, hodl is the best answer to stop loss. Don’t sell and stay calm, be patient that bitcoin will recover as soon as possible. $7,XXX is strong enough, I guess that price will not fall anymore because if may fall bitcoin will not easy to recovered.
June 07, 2018, 10:02:57 PM
I do agree to hodl it for as long as possible and until as you can, bitcoin will rise constantly in the future like it did back less than a decade of introduction as popularity increases, the current drips are just because of its volatility which is in its nature so there is no need to panic sell.
June 07, 2018, 09:33:41 PM
Do not you sell in the current situation because bitcoin prices are still in a low state and not profitable if you sell now, the best way for now is HOLD although there is no time limit to wait but it is an effective way to earn profits at the right time later .
does require strong patience for the current market situation and remain calm in order to be motivated to make a profit.
does require strong patience for the current market situation and remain calm in order to be motivated to make a profit.
June 07, 2018, 09:19:53 PM
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go?
Just hodl it
June 07, 2018, 06:38:36 PM
I agree with you, the hodl tactis is always good and can give you such a good profits.
June 07, 2018, 05:37:01 PM
Do not sell in the very near term, because it will only make you lose. I hope the people who invest do not always panic when the market is red.
June 07, 2018, 05:34:39 PM
They are afraid on loosing their money so they cut their losses they didn't understand that crypto is for long term hold and not for short term hold so that many people cry when the value of it became lower.
June 07, 2018, 03:39:59 PM
For me, the value of the bitcoin is on the typical drop before not like few months. I figure January or February bitcoin drop just about 60%. No should be panic at all. For now, it is smarter to add more bitcoin to your wallets snatch the moment when the bitcoin is drop. I am almost certain you will gain benefits later. Misfortunes happen when you choose to offer your coins right now.
It is common that holding is better than selling these days. Although the price is going down and now it is less than $8000 but it is hoped that till the end of this year it will reach again to $10000. People are now putting their money in cryptocurrency and the reason is high profits and seems the shortest way of making money compare to other businesses. June 07, 2018, 09:30:34 AM
I think we are the one whose hands are strong because we can hold our bitcoins in a long time. There are many weak hands that are regretting their decisions because they do not have a lot of patience.
June 07, 2018, 09:28:58 AM
its better to hold rather than so sell it immediately or sell it in panic way because bitcoin now are getting more popularity many new comers around the world have interest in bitcoin so you better hold now.
June 07, 2018, 09:24:16 AM
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go?
Just hodl it
June 07, 2018, 09:22:15 AM
I do not think that now is a good time for the tactics of "HODL", a lot of unsuccessful projects, or those who do nothing after the withdrawal of funds, a large number of scammers.
June 07, 2018, 07:35:24 AM
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go?
Just hodl it
The best thing to do in the current situation today is just to hold your coins because in this way you will avoid losing a huge amount of profit since the market prices are decreasing.
June 07, 2018, 07:23:09 AM
Cryptocurrencies are a useless technology at this point, there is no real world usage, the only point of cryptocurrencies is daytrading, hodling and moving illegal funds around the world (which is its only actual usage and by this means monero should be the marketleader).
Im curious when the mainstream will realise what utter crap is hyped in the crypto space, blockchain tech is important, their currencies, not so much
Im curious when the mainstream will realise what utter crap is hyped in the crypto space, blockchain tech is important, their currencies, not so much
June 07, 2018, 06:39:09 AM
In my situation, my banks forbid bitcoin when i said that i will used my account to buy bitcoin, but they said that they will not allow it because bitcoin is very risky to involve with and they don’t want my account to be on trouble, so that’s why it consider as risky investment. But i tried to buy Bitcoin when it was $800 then i Hold it very long, then i gained so much, then i buy back when it was on peak then right now I still hold it because I knew that bitcoin can go back to $18000, I still hold it because I have faith on bitcoin. If you don’t have faith then youll gonna lose your money.
Yeah you are right. The price unexpectedly dropped a lot in the last few months, but I think there is nothing to be panic because the future is that of cryptocurrency and the investors should keep in mind that cryptocurrency investment is not for short time. It will take time to give them handsome profits. So don’t be panic and wait for good time to come. Jump to: