Do not sell now, you are Just losing, Hold On - page 2.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: 0day on August 02, 2016, 01:59:10 PM

The price of bitcoin has dropped down to $577, it does not mean that we sell our coins, but we have to stop supplying it to the market no one have to sell their coins, just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

this is not right, if you are a long term hodler and have bitcoin in your cold storage like me and you bought at $180 then you don't worry too much but generally as a trader when a panic like this hits the market it is better to sell and keep your eyes open to buy at the bottom after a short time because it will spring back.

Holdaaja

legendary

Activity: 1274

Merit: 1000

Latest drop started after bitfinex started having problems, right?
So most likely we will be going back up after bitfinex is back.
I wonder how many times this has to happen before people stop using bitfinex Roll Eyes

Wind_FURY

legendary

Activity: 2898

Merit: 1823

It really depends on what you want to happen and what your strategy is. The ones who sold are probably either miners of big mining farms or traders selling for a profit. This means that a buyers market is coming for bitcoin because the price will be at bargain levels. Keep observing the price movement and try to see where it will be stable after the fall. Like I was saying before this will stay at under $600 for a while. Maybe even until the end of the year.

1Referee

legendary

Activity: 2170

Merit: 1427

Keep holding your coins firmly. If you wanted to sell your coins, you should have done it while the price was still above the $650 price point. Right now you're too late. Instead of selling, you can choose to buy yourself a coin or two, or with the free money that you can use to invest.

zodin

full member

Activity: 224

Merit: 100

yes there is no doubt about this i am not going to sell my bitcoin i am defiantly not selling it. i am strong person and can bear all kind of hardness, i am hopeful that the price of bitcoin will not fell down any more and will start rising again. so we should concentrate on buying bitcoin in present position instead of sell it.

mrhelpful

legendary

Activity: 1456

Merit: 1002

Quote from: anakinisme on August 02, 2016, 03:11:30 PM

OMG! I just sold 20 btc T_T"
Should have read your post earlier.. It make sense..

If you are going to do a bulk sell off.. you should do it in gradual amounts.

Everyone is aware the day to day prices arent really sets us in.. lol. I usually give it a 2 week or almost a 1 month barrier then decide during that time.

If i see a sell off movement I try to stick with selling .1 btc at a time depending how fast.

anakinisme

hero member

Activity: 589

Merit: 500

Founder Of miningpuppets

OMG! I just sold 20 btc T_T"
Should have read your post earlier.. It make sense..

Amph

legendary

Activity: 3248

Merit: 1070

those dump only mean that the majority of the coins are still not bought at the current level, but at lower level

the only stable value is the one at which 99% of the coins in circulation are bought at

Bitmore

full member

Activity: 413

Merit: 100

https://eloncity.io/

Owning Bitcoin as an investment requires some balls people.

By the time the move has started and you get scared, it is over. Same for a 'to the moon' phase.

Timing the price is just about impossible, and those scared selling are emotional which makes you lose money.

Slow investment, a little every month, and ignore these burps. It is called 'dollar cost averaging' and it gets people rich.

If you believe in bitcoin long term than calm down.

If you don't you should not be in it to begin with.

akamit

hero member

Activity: 1498

Merit: 596

Agree with you guys.
I Hope that the price will rise to the moon.

Ups & downs is very much normal but if everybody starts selling than the price may decrease drastically.

AgentofCoin

legendary

Activity: 1092

Merit: 1001

Quote from: 0day on August 02, 2016, 01:59:10 PM

...just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

I agree. This is nothing. This is just a Jaguar Trap.

20kevin20

legendary

Activity: 1134

Merit: 1599

We've always seen hikes throughout the BTC's history. It's not a reason to trust or loose trust in it. We'll continue to see this stuff, but it'll be a huge price in 2017. I expect a similar price to the $1k top in 2013, and this time it'll be stable. No reason to fear it!

0day

hero member

Activity: 742

Merit: 500

Hire me for your campaign management.

Quote from: jangloos on August 02, 2016, 02:03:50 PM

I am not worried at all at this recent dip in price. It is normal a drop or increase of few dollars in Bitcoin. Actually market was not moving in any direction this fresh dip will bring new investments in market. I see this positive and next increase will take price above $ 680 per Bitcoin. I am holding without any doubts as all these changes are temporary.

that is genius decision, I created this post for those people who when see that situation immediately start to sell at whatever price they find on the exchange in order to escape from the dip and they do not understand that if they hold their coins and do not agree to sell at lower price then the demand price will increase more higher.

jangloos

hero member

Activity: 672

Merit: 500

I am not worried at all at this recent dip in price. It is normal a drop or increase of few dollars in Bitcoin. Actually market was not moving in any direction this fresh dip will bring new investments in market. I see this positive and next increase will take price above $ 680 per Bitcoin. I am holding without any doubts as all these changes are temporary.

0day

hero member

Activity: 742

Merit: 500

Hire me for your campaign management.

The price of bitcoin has dropped down to $577, it does not mean that we sell our coins, but we have to stop supplying it to the market no one have to sell their coins, just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

Topic: Do not sell now, you are Just losing, Hold On - page 2. (Read 1784 times)