Don;t be tempted to Sell OUT; HODL | Bitcointalksearch.org

Yamifoud

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Quote from: xvids on August 03, 2019, 10:46:55 PM

Well we all have different needs and perspective some of us doesn't want to sell but doesn't have a choice.
So even if we want to HODL we couldn't do it.
But I agree that it is better to hold than to sell now.

The situation is also considerable and it needs to analyze it deeply before we make any decisions.
There is actually no sense of holding if it's market value drastically drowning hard and even no chances of turning back and it is better to sell it of course.
It gonna be our decision to risk and we can't even be sure if our decision has a positive impact or it gives a bad result.

giancarlo21

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Knowing when to sell or hold, analyzing the market trend, should be a trader's skill. However, we must, in any case, make use of the best platforms and technologies such CoinIMP and MintMe to boost our investments.

goaldigger

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I dont see anything wrong when they wanted to sell if they already earned even for a little because thats also considered as earning. Being greedy is also not healthy for an investor and that particular earning will have a tendency to lost if not harvested.

Cherylstar86

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This time we should care to control our hands over being weak and don't let yourselves be tempted with current pumps. Be strong enough to handle emotions while market begun to have progress, after corrections happened. Hodle your assets and have patience.

davinchi

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Quote from: Ms_Arc on August 03, 2019, 04:16:27 AM

I agree, trade only makes my BTC decrease. Embarrassed

Trading is good and profitable but it not for everyone, the reason you are probably having a decreased bitcoin is because you are losing your trade, and at the same time, I don’t see any reason why you should even lose your coin, if you only buy and wait till it increase to sell, even when your trade is not going well for you, provided you dint panic sell, you will definitely get your money back when bitcoin increases.

If you really want trade to increase your coin, you need to simply first learn all the necessary skills needed for it, because without skills and strategies, you will only end up always losing to your opponents or do I say to the market. I started trading with 1 BTC and I can confidently tell you that I have increased my portfolio to at least 1.5 BTC.

Distinctin

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Quote from: xvids on August 03, 2019, 10:46:55 PM

Well we all have different needs and perspective some of us doesn't want to sell but doesn't have a choice.
So even if we want to HODL we couldn't do it.
But I agree that it is better to hold than to sell now.

Majority of us here are looking for bigger profits, so selling right away is not a good strategy.
IMO, the market will improve overtime so why so worried on the present situation, market is very unpredictable if you look at the short term movement but if you look at the long term price history, bitcoin has never failed to amaze us with it's overall massive growth.

xvids

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Well we all have different needs and perspective some of us doesn't want to sell but doesn't have a choice.
So even if we want to HODL we couldn't do it.
But I agree that it is better to hold than to sell now.

Ms_Arc

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I agree, trade only makes my BTC decrease. Embarrassed

dark08

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

Bearish is always there in the market no one can conclude what will happen in the market price obviously people selling bwcause their gain profit so no wrong about this one but if you are longterm holder then hold it until you reach your goal.

mr_random

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Quote from: el kaka22 on August 02, 2019, 07:05:44 AM

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

That's the kind of risk you take when you're investing in crypto. Another thing is that anyone that wants to invest should always have it in mind what they want and their reason for investing and how long they plan to hold that coin. It's best to always diversify your investment and invest your money in lots of coins, invest a part of the money in bitcoin and then invest the remaining in some of the best altcoins, so that you have double means of making profit.

If the altcoin market is falling you will have bitcoin to rely and when bitcoin is doing too good you will still have altcoin. So, it is good to diversify.

That considered risks are particular and can be decreased by making hedge trades. The altcoin markets are volatile, having a trading edge will clearly give an enormous advantage to the altcoin investor and it is essential to have a diversified altcoin portfolio. After selling altcoins for a profit and making more BTC transferring earnings to Bitcoin or stable coins will be risk-free money management.

shoreno

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Quote from: Cherylstar86 on August 02, 2019, 03:30:09 AM

don't let yourselves be tempted with current pumps.

Being tempted to sell on a pump is way more better than selling at a loss or selling at a dump just because your to scared and you think that your coins are doomed .

Quote from: miningguru on August 02, 2019, 12:46:26 AM

selling at the current prices will not help you to make profits,

The current prices are still better than the last years prices but the choice will still depend on the user . if he bought his coins lower than the current price then its not a bad idea to sell but he shouldnt sell out if he bought his coins at highs because he will only loose .

Hodl is cool but we need cash . dont be afraid to sell some and treat yourself if you think you already earn some .

el kaka22

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

That's the kind of risk you take when you're investing in crypto. Another thing is that anyone that wants to invest should always have it in mind what they want and their reason for investing and how long they plan to hold that coin. It's best to always diversify your investment and invest your money in lots of coins, invest a part of the money in bitcoin and then invest the remaining in some of the best altcoins, so that you have double means of making profit.

If the altcoin market is falling you will have bitcoin to rely and when bitcoin is doing too good you will still have altcoin. So, it is good to diversify.

miningguru

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

I think so too to be patient and hold hold in the future. arrived at a good price position. now if you make a sale at a low price it will only make a loss and eliminate profits.

Yes, instead of selling at the current prices will not help you to make profits, so we should be very patient when the market is going down. So there is always a chance for us to grab the coin when their prices are going down and it will help to make fast profits when they start recovering.

pieppiep

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Quote from: ?? on ??

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

I think so too to be patient and hold hold in the future. arrived at a good price position. now if you make a sale at a low price it will only make a loss and eliminate profits.

Be patient and stay calm is the key to hold the coins, and that is what you need to do if you want to make a profit in the future. We don't know when the bears will end, but we can hold the coins for a long time. If you panic by seeing the price is going down, you will lose the chance to hold for more if you cannot control your feeling. A wise trader will still hold in the unpredictable situations and only decide if he knows there is a way to reduces the loses, but if the market is not running well, he will still keep his coin until the situations become better.

Mahanton

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Quote from: sana54210 on July 31, 2019, 11:08:19 AM

Quote from: ?? on ??

Libra has the power to affect the crypto market just because of its huge user base. Mark is a wise man and is trying to over optimize his user base with the idea of Libra. There would be of course crazy adoption and acquisition of Libra but the lucrative business that people find in dealing with Bitcoin would not be there because Libra is essentially a stable coin.

Government would not really allow this project to fly because they already having issues with it and I think they have already seen it as threat to them. I don’t know how true this may be, but there is a particular post I saw in altcoins discussion I think, where the user posted a link showing that Facebook is already talking about backing out because of the challenges they are already encountering through government I think, not sure if the source is true though, but I really think they will have issue because of their user base.

Most of the people in the user base are mostly educated and knows how to use the internet, and if Facebook would expose all these people to cryptocurrency, then the adoption we have been requesting for will come faster than we think.

They do really have the problem but i dont see or think that Libra would back it out due to requirement in terms of regulation or whatsoever.
I do agree that they do see this as a threat and knowing facebook is big enough which they can stand on their own but well government would always have the
laugh in the end yet all policies should really be followed as they like.

sana54210

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Quote from: ?? on ??

Libra has the power to affect the crypto market just because of its huge user base. Mark is a wise man and is trying to over optimize his user base with the idea of Libra. There would be of course crazy adoption and acquisition of Libra but the lucrative business that people find in dealing with Bitcoin would not be there because Libra is essentially a stable coin.

Government would not really allow this project to fly because they already having issues with it and I think they have already seen it as threat to them. I don’t know how true this may be, but there is a particular post I saw in altcoins discussion I think, where the user posted a link showing that Facebook is already talking about backing out because of the challenges they are already encountering through government I think, not sure if the source is true though, but I really think they will have issue because of their user base.

Most of the people in the user base are mostly educated and knows how to use the internet, and if Facebook would expose all these people to cryptocurrency, then the adoption we have been requesting for will come faster than we think.

arpon11

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Quote from: Vaskiy on July 30, 2019, 06:25:42 AM

At times it is very hard to predict the market and hold without selling. Sell out happens most of the time when there is panic wave relative to the bitcoin. It can be of some negative news or some hacks on exchanges, reserve fund freeze. By this time the respective asset value keeps falling, and if we don't react at the right time we're gonna loss. In recent days Binance is the only coin that overcame such scenario and the growth kept progressing.

Binance coins have done well and I do believe that it is one of the best-performed coins in this 2019! Binance started from a very humble background and has grown significantly for the past one month that bitcoin and ethereum were having bearish momentum. I do believe that we are not going to have continue falling in price as both ethereum and bitcoin has recovered above $10,000 and 220 respectively. Bitcoin is trying to close above $10,000 by the end of July and I believe that August is going to be extremely bullish. Therefore, I join op to said "keep holding, you should not be tempted to sell out"!

Bitcoin Seller

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Quote from: senyorito123 on July 29, 2019, 10:04:02 AM

Panic tend us to be tempted to sell our holdings, and we've been ignoring the possibility of growing our coins. Traders who happen to decide of selling early and cannot withstand to hodling will regret afterwards. Frustrations sometimes give us lessons in life, but it's wrong to give up despite of being frustrated. Temptations is a loop hole of everything, and it's more like a puzzle which we need to discover whether it's a trap or solution for the problem.

You will never persuade people, who are panic-stricken persons by their nature. They will do everything following their instincts and fear, without thinking too much. Unfortunately, too many guys do it, and it has a very negative effect on the cryptocurrencies prices. Actually, for me, it is evident that holding now is the better choice. Crypto will be up.

Vaskiy

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At times it is very hard to predict the market and hold without selling. Sell out happens most of the time when there is panic wave relative to the bitcoin. It can be of some negative news or some hacks on exchanges, reserve fund freeze. By this time the respective asset value keeps falling, and if we don't react at the right time we're gonna loss. In recent days Binance is the only coin that overcame such scenario and the growth kept progressing.

kpcian

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If you have a plan to make some money then you must have to be patient for getting this amount, that's why don't be panic. You have to take a risk regarding investment or trading or any other monetary issue that's why every situation should be monitored properly and make an analysis of every trend.
When the market falls down then every minute is important, not only that when the price goes up then also be very analytical. most important thing is that we have to be very analytical and pragmatic. don't take any decision without any analytical test. most important thing is that don't get tempted, hold it for the future purpose.

casperBGD

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

i do not think that bears are back, it is a sell off due to fast uprising of BTC, and people want safety of more stable currencies until new direction is established, i am not a trader, but it is not realistic to have 100%+ in just little over a month without trading...

hisuka

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We notice the market down fall below 10k$ so some decides to sell to cover loss. When others in panic we ought to sell what we have. Tougher decisions when holding out of in panic market. Holding is good since btc already more than 10k$.

seoincorporation

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We are now on a panic sell... A lot of people decide to sell their coins at the moment they get under $10k because they can't afford a bigger loss.

Only smart people keep holding, but there are tons of users who take decisions based on their emotions and not thinking about them.

senyorito123

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Panic tend us to be tempted to sell our holdings, and we've been ignoring the possibility of growing our coins. Traders who happen to decide of selling early and cannot withstand to hodling will regret afterwards. Frustrations sometimes give us lessons in life, but it's wrong to give up despite of being frustrated. Temptations is a loop hole of everything, and it's more like a puzzle which we need to discover whether it's a trap or solution for the problem.

stadus

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Quote from: Thanasis on July 29, 2019, 07:03:02 AM

Libra is not decentralized so it is not going to teach people about the cryptos through using it.

Libra is not but crypto now is not all compose of decentralized coins, there are also coins that are centralized which are the stable coins, and Libra belongs to the stable coins group and will sure lead the group.

Quote from: Thanasis on July 29, 2019, 07:03:02 AM

In my opinion people won't take libra as serious thing since its just have same value of fiat money so no one would consider it as investment so adoption wont be there.

I disagree, Libra is a real store of value, and people needs this in their online transaction and it's easy because facebook users can do transaction using Libra. I think it's the easiest and if people really does not take it seriously, then why is it that the US government are so concern with Libra's launch?

Thanasis

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Quote from: Genamant on July 28, 2019, 08:58:14 AM

Quote from: bitbunnny on July 21, 2019, 07:20:44 AM

Quote from: cosmofly on July 21, 2019, 03:50:25 AM

Many people have said that the price of BTC will increase sharply in the end of this year and the price reduction is only a small impact of traders.
I believe that with the appearance of libra, everything will change, the market will be green for several weeks. Please hold the alts top and BTC now.

Every year we have predictions that Bitcoin price will have big growth at the end of the year but it's not always so. Remember the last year. And corrections are possible all the time so sometimes users get tempted to sell but thus they usualy only loose more. So it's very important to have your own strategy and agenda.
Anyway, I don't think that Libra will make such major changes as many think or influence the Bitcoin in significant way. But the time will tell, so we will know soon.

For me Libra would make a significant effect in crypto because of the billion users of facebook
In the sense of adaptation and spreading the idea of internet money will definitely lead a huge population to knowing cryptocurrency.

Libra is not decentralized so it is not going to teach people about the cryptos through using it.

In my opinion people won't take libra as serious thing since its just have same value of fiat money so no one would consider it as investment so adoption wont be there.

cryptoloverlife

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Quote from: maydna on July 29, 2019, 05:54:44 AM

Quote from: qtronix on July 28, 2019, 06:20:03 AM

This was the expected market correction and it would be foolish to sell something now. Now, on the contrary, we need to invest, because after this correction, a new wave of growth will come.

Investing in many altcoins will be a good idea right now because we saw so many altcoins reached the lower price again, so it means we can get more discount price for each altcoin. But this situation cannot be predicted as we don't know what will happen with the market later so if you decide to invest more, make sure you already analyze the position of each altcoin so you can find the right price to buy. Don't forget to prepare some amount of money to purchase and don't use all of your money in one-time buys.

That is the best way to plan instead of purchasing all at ones, we need to split them into multiple buys and it will really us to grab more coin when the altcoin price drops again. Already the prices of altcoin went very low which seems to perfect time to accumulate more coins in the market.

maydna

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Quote from: qtronix on July 28, 2019, 06:20:03 AM

This was the expected market correction and it would be foolish to sell something now. Now, on the contrary, we need to invest, because after this correction, a new wave of growth will come.

Investing in many altcoins will be a good idea right now because we saw so many altcoins reached the lower price again, so it means we can get more discount price for each altcoin. But this situation cannot be predicted as we don't know what will happen with the market later so if you decide to invest more, make sure you already analyze the position of each altcoin so you can find the right price to buy. Don't forget to prepare some amount of money to purchase and don't use all of your money in one-time buys.

NeuroticFish

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Quote from: Genamant on July 28, 2019, 08:58:14 AM

For me Libra would make a significant effect in crypto because of the billion users of facebook
In the sense of adaptation and spreading the idea of internet money will definitely lead a huge population to knowing cryptocurrency.

Libra certainly has a big effect, in awareness, but also in opposition.
Libra has supporters and has opponents. Misinformation flies and many will be against Bitcoin because of this.
Libra may bring certain regulations which may be good or bad.

The result is quite a big level or uncertainty. Also don't forget that it's summer time, which is slower, and some will wait with their investments until at least the autumn.

Genamant

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Trphy.io

Quote from: bitbunnny on July 21, 2019, 07:20:44 AM

Quote from: cosmofly on July 21, 2019, 03:50:25 AM

Many people have said that the price of BTC will increase sharply in the end of this year and the price reduction is only a small impact of traders.
I believe that with the appearance of libra, everything will change, the market will be green for several weeks. Please hold the alts top and BTC now.

Every year we have predictions that Bitcoin price will have big growth at the end of the year but it's not always so. Remember the last year. And corrections are possible all the time so sometimes users get tempted to sell but thus they usualy only loose more. So it's very important to have your own strategy and agenda.
Anyway, I don't think that Libra will make such major changes as many think or influence the Bitcoin in significant way. But the time will tell, so we will know soon.

For me Libra would make a significant effect in crypto because of the billion users of facebook
In the sense of adaptation and spreading the idea of internet money will definitely lead a huge population to knowing cryptocurrency.

imstillthebest

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Quote from: qtronix on July 28, 2019, 06:20:03 AM

This was the expected market correction and it would be foolish to sell something now.

no its not expected and no one knows that there will be a correction that will happen but its not really a foolish move to sell something if you know that you will be needing the cash

hodl is the word for those who are strong handed people and for those who are already make a promise that they will not sell until they dont reach thier goals .

qtronix

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This was the expected market correction and it would be foolish to sell something now. Now, on the contrary, we need to invest, because after this correction, a new wave of growth will come.

FrozenBit

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If you have hold a bitcoin for a long time, please continue to hold it. Like me, I have been holding bitcoin when buying them in May. I always have a strong belief that its value will increase dramatically at the end of the year like 2017.
The positive will make us rich because Bitcoin is a deflationary mechanism, its value will increase every day.

Janation

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Quote from: AliMan on July 25, 2019, 06:00:37 PM

We can't guarantee that we couldn't sell out, that's an emotional battle of every traders. Holding your coins is a playing safe strategy and for sure that's the best way to take profit secured once you waited for the right day your asset will achieve a huge value.

Don't use your emotion, that will just hinder your decision skills.

There are a lot of things for you to consider like the price charts, news that can affect the price of the cryptocurrencies you are holding, you don't need to rely on your emotions. If you always rely on your emotions, I think you are the worst investor, trader, and holder fo the time.

Slow death

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

How long can traders Hodl or will they sell out in panic. Huh

look at the current price (price of July 26):

It's been 9 days since your post and the price is oscillating between $10500 to $9300, that means there is not something that immediately catalyzes a huge increase in price and as a result the price is slowly dropping, I would not be surprised that we next few days let's see the price of $7000

Quote from: stomachgrowls on July 25, 2019, 06:59:33 PM

If you do saw that its the right time to sell out then do it but dont
do it on loss.

it's better to lose a little than lose a lot, which is why we should have a strategy

stomachgrowls

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Quote from: rodel caling on July 25, 2019, 06:16:13 PM

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

do not affraid and worry for this market drop situation if people understand well what is bitcoin moves as volatile crypto currency I think there's nothing to ague for this price drops.
The key for this is patience and calm control emotions some people Experience loses because of greedy but they can't blame them because they want to get back their investment lose during the bear market.

There are really times that emotion is way too disturbed where ourselves or our self control cant able to control it which in result making some mistakes that shouldnt really be done.

Tempting on selling out is there but your goal and self discipline would really stop you on doing such thing.If you do saw that its the right time to sell out then do it but dont
do it on loss.

rodel caling

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

do not affraid and worry for this market drop situation if people understand well what is bitcoin moves as volatile crypto currency I think there's nothing to ague for this price drops.
The key for this is patience and calm control emotions some people Experience loses because of greedy but they can't blame them because they want to get back their investment lose during the bear market.

Nhebu

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Not all times! Selling of bitcoin or cryptocurrency is also good specially if you know that it will go down severly. Maybe, I can use it in stock. Holding is the key in stock market because it has only a low volatility compared with cryptocurrency that can dump or pump 10x than its value. Hold is just for a small amount of spiked, if you invested during the downfall of bitcoin last 2017 and you hold, until now you did not have the profits.

AliMan

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We can't guarantee that we couldn't sell out, that's an emotional battle of every traders. Holding your coins is a playing safe strategy and for sure that's the best way to take profit secured once you waited for the right day your asset will achieve a huge value.

Vaculin

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Winding down.

Quote from: maxreish on July 25, 2019, 11:43:07 AM

At the moment we sell our coins and it pumped, we regret it. And the moment we hold and it dumped, we still felt regrets. Easier said than done but we are just human who feel such emotions- temptations, greed, confidence. But we have to remember why we get started here in crypto space, that is to gain profits. That is our main goal, the market is hard to predict and let us decide which side is safe. To hold or to sell.

Holding everytime the price drops is a really a good idea and only sell them when there is a good market price already. But if you think you are losing more in holding, then you can sell your coins with the current price and buy new coins again for investment. Crypto is really risky so you should know how to stand on your own and not just relying on others for decisions.

omonuyak

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

Thank you for this wonderful advice and for those that are not well informed on how this market work I think the op has really given you nice advice. Therefore we can only add as experienced traders and investors. If you want to make it in this market then you have to get who can teach you to be patient and smart. The market is full of smart investors and if you really want to make profits then you should learn to do what they do part-time.

maxreish

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At the moment we sell our coins and it pumped, we regret it. And the moment we hold and it dumped, we still felt regrets. Easier said than done but we are just human who feel such emotions- temptations, greed, confidence. But we have to remember why we get started here in crypto space, that is to gain profits. That is our main goal, the market is hard to predict and let us decide which side is safe. To hold or to sell.

justdimin

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It is easy to tell people to hold but some people are putting their whole lives into this bitcoin mess we are so accustomed to and its not easy for them to watch their lives work gone in seconds. I know they shouldn't do it, I know you should only invest money you can afford to lose but at the same time I know that people are not going to do that, at least not all people.

There will always be people who are looking for a quick way to make money and they will put up their life's efforts and all savings into bitcoin all at once because they want to get rich quick and they think bitcoin is the thing that would make them not work again ever. I know its the wrong behavior but people just do that. In that case its normal that they get panicked and sell all their holdings.

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

On numerous occasions the price of bitcoin dumped while it recovers within the shortest period of time thus the bulls took over the market this scenario had repeated itself consistently thus I don't have any reason to panic and sell rather than hodl the your opinion is very reasonable why selling Altcoin for bitcoin and selling when it dumped? obviously losing at both sides is a bad trading idea the best bet is to wait again for bitcoin to pumped again which is imminent with some patience bearing in mind that price history repeat itself.

BitHodler

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Quote from: Reid on July 24, 2019, 10:05:29 AM

Now, we will just have to wait for another bull run which could happen anytime.

Another bull run? If we are in the process of entering a bear market, which certainly might be the case, then we won't be seeing another bull run for at least 6-12 months depending on how long it drags on.

If the above applies, after the block halving we will very likely initiate another bull run with how we have enough historical evidence to back it up. I would love to accumulate some cheaper coins before we get there.

Quote from: Reid on July 24, 2019, 10:05:29 AM

We are staying long with this range and I love it more than just jumping over to an amount which is really questionable to anyone, even us. Scary.

Looking at the charts, the price looks like it wants to go lower with how it has been checking the bearish momentum boxes that you want (or don't) want to see checked, so don't consider current range to be safe.

bastian466

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Those who sell in panic when they see a falling market will regret when they see the market rise again, they will lose the chance to profit, at that time the traders must be really observant to take action and practice patience with a sense of calm

RealMalatesta

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Quote from: Sharon121212 on July 23, 2019, 12:33:14 AM

Point of correction I don't agree that the bear market is back also we have not yet gotten to the bullish run yet let say we are at a cross road with the bear market behind us and the bull market ahead of us. I would predict that we would head towards the bull run direction please don't get me wrong am not saying due to the fact that I am a bitcoin lover(well at least 40% the reason). But analytically we are heading for something big

If he understand what bear market is, he would know that it is not something he would want to call for this present situation, there is absolutely nothing near bear market here, though not that bear market has gone forever, but not until there is another all-time-high, because all-time-high is what usually make investors forceful push the market to bearish trend when they start selling their coins at peak.

Many people just need to understand that there is always correction during uptrend, and this is not the first time we are seeing this, maybe people have suddenly forgot that even during the last bull run when bitcoin ran for 7 consecutive weeks, we still had lots of corrections, although it was always short and not as long as we have it now.

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

in some situation will definitely not in the control because of rocks of reasons so that if we got angry and something leave it for long time then after that we feel better to make the decision normally like everything.

michellee

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

If the price is good to sell and we can make a profit, then I think that will be a good way to sell some amount so we can get a profit in unstable situations. And if the market is down again after we sell, then I think that will be a good time to buy the coin again so at least, we can add more amount of the coin and we can then wait for a while until the price can increase again.

Reid

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But even though we can say it is a manipulated one, we could also say it is a good one.
5k-14k USD? That is a lot.
And now we are at the bottom of 9k-10k USD. That is still a 4k-5k differential from our last bottom.

Now, we will just have to wait for another bull run which could happen anytime.
We are staying long with this range and I love it more than just jumping over to an amount which is really questionable to anyone, even us. Scary.

Pamadar

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Quote from: ?? on ??

I also suggest people to not sell now even if the bitcoin price drop a little i still think this is not the real price of bitcoin, and over time also altcoins should grow and is not good to sell now if sell then without any profit.

It's not good as well selling when you are at loss best to keep holding and allow the cycle to passed on, the moment for bitcoin and those good alts will come and it will bring a good profits if you learned to be patient, as time goes and the market will keep repeating the cycle, for those who understand instead of selling into panic they will add more and wait till the bounce to happen.

MonsterV

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Quote from: stadus on July 23, 2019, 02:39:48 AM

This is what investors do if they believe the market is due for good recovery.
Price down, it can only be because of correction, and it doesn't mean it will have a downtrend continue to its low again and then we will have a long bear market again. I think it's not gonna happen this year, the idea here is buy when price dump because eventually it will rise, that's how the trend shows.

Well indeed, and now I'm sure in the next few months there will be many people who regret not buying it now. Those who complain that bitcoin prices are down now will regret it, they don't understand how the trend works, how the market moves. They only trade in fear.

Quote from: Ahiaba on July 24, 2019, 06:02:18 AM

I don't most of those people who usually try to convert their altcoins to Bitcoin and later get trapped by way of losing in both side because they don't Know how to analyze market trend and was why they usually get trapped along the lines. What I will advise people is that they should try as much as possible to research well before taking any trading decision to avoid heavy lose in your trading.

The biggest problem for these people is FUD, I'm sure they are victims of FUD trying to manipulate the market. Someone who has had both technical and fundamental experience in trading sometimes they feel panic when the FUD affects their minds. And that's the problem now, there is a lot of panic selling.

Ahiaba

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I don't most of those people who usually try to convert their altcoins to Bitcoin and later get trapped by way of losing in both side because they don't Know how to analyze market trend and was why they usually get trapped along the lines. What I will advise people is that they should try as much as possible to research well before taking any trading decision to avoid heavy lose in your trading.

semobo

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

I think in this type of situation we definitely feel something different to sell only because if we feel that with low investment no one will try to hold it for long time so that selling is the best idea for everyone and if you avoid this situation also you will be better in very better quicktime

awik p

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Quote from: Jating on July 23, 2019, 06:26:32 PM

Quote from: ufaiz50 on July 23, 2019, 12:40:49 PM

It's up to how the user responds to the losses they experience, there are still many user who buy because of FOMO, even though the bes buy when dumping, but often the user is afraid to buy while dumping and likes to buy when pump. Because of the fluctuations that we don't know so HODL in my opinion is very difficult for them which is a current loss, if there are no other options to recover your losses then it is better for HODL.

I think there's no more FOMO or at least it has stopped. Just look at the volumes, I think the last time we have seen this is months ago, and it is very weak in my opinion. The resistance and support in the 5 digits has been broken easily.

So just be cautious, I'm not saying that we are in a bear market, but there are bull traps around the $10k-$11k or we could trade sideways around that price up to the end of this month.

even today bitcoin is down at $ 9k +. indeed we must be wary of the whales who will take action. I think by putting together a strategy for yourself it will reduce the risk. by buying it in stages or vice versa, it can reduce the risk of the trap

Jating

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Quote from: ufaiz50 on July 23, 2019, 12:40:49 PM

It's up to how the user responds to the losses they experience, there are still many user who buy because of FOMO, even though the bes buy when dumping, but often the user is afraid to buy while dumping and likes to buy when pump. Because of the fluctuations that we don't know so HODL in my opinion is very difficult for them which is a current loss, if there are no other options to recover your losses then it is better for HODL.

I think there's no more FOMO or at least it has stopped. Just look at the volumes, I think the last time we have seen this is months ago, and it is very weak in my opinion. The resistance and support in the 5 digits has been broken easily.

So just be cautious, I'm not saying that we are in a bear market, but there are bull traps around the $10k-$11k or we could trade sideways around that price up to the end of this month.

leowonderful

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I would not say the bear market is here yet given it's only been a few weeks since we dropped off from $14k and $13k respectively, but I would advise caution to anyone trying to margin long this recent dipping, as it does seem like there is now significant selling pressure overhead as we had a relatively weak bounce from $9k that ended up with a rejected break upwards into the $11ks and a bunch of sideways that led to where we are now. If you're playing for the long term, dollar cost averaging is still king and you should stick to doing that for the time being.

ufaiz50

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It's up to how the user responds to the losses they experience, there are still many user who buy because of FOMO, even though the bes buy when dumping, but often the user is afraid to buy while dumping and likes to buy when pump. Because of the fluctuations that we don't know so HODL in my opinion is very difficult for them which is a current loss, if there are no other options to recover your losses then it is better for HODL.

pawanjain

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Nothing lasts forever

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

I seriously doubt if it's a bear market. I would certainly not consider it as a bear market. Although the price has gone down a little more than expected, we can consider it as a major correction.
We all know how quick bitcoin came to the $13k level. It obviously had to fall back a little to stabilize the market. I think that despite the fall back in price, bitcoin is still at a good price.
It has way too many positive reasons to increase in price quickly. So yeah, we should be holding on to our precious coins to make good gains later.

jrrsparkles

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

Firstly I don't see it as bear even though if it is the loss or profits depends on the user who bought it at what price.If they bought them in the beginning of prices to peak up thn they can be still in good profits because the price starts at $3000 to begin with.If they bought at the peak price like $14 then there is no reason for them to sell now since they just enteres so waiting is necesary.

romero121

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As the cryptocurrency market is highly volatile there will be continued temptation to find the direction of the price moving. At times the market fluctuates a little, fearing the same people used to sell out. By that time the panic can be experienced among the common people and the same is made use by the whales investing and getting back profit within a short through the difference between buying and selling. Holding is always the risk free way to enjoy, and the same needs to be done analyzing the market situation by that time.

kingpin4321

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Anyone still bothered about this minor dip and selling off probably doesn't understand the bitcoin to the latter, and the price hasn't dropped so drastically to create panic or FUD, in my opinion the bull run is still on and running.

Except of course you're looking to cash in on your profits or to cut losses, then selling actually can make sense at that stage, as a full time trader, just keep holding till the time your perceive is right for you to pull out.

FanEagle

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Right now, the price seems to be a bit stable, now I can understand if you want to sell when its going down because you want to get rid of it before it hits bottom and maybe you are right, after you sell your coins the price keeps going down and you are lucky to buy it back from even cheaper, or maybe you are wrong and the price instead goes up and you are there with your cash and nothing else with your loss.

Now, I can understand when its going up as well because maybe it will go down and you will be able to buy back cheap or you just want to take your profit and go, those are all reasonable requests. However when its stable there is no need to sell at all, its stable and not doing anything that can hurt you or profit you, just let it be if you can.

danherbias07

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It is a phenomenon that happens whenever the bitcoin price goes up.
But I dont believe there is a loss.
They sold their alts in exchange for $6000 per bitcoin and now it is still at 9k.
There is still profit and besides, will you really buy back to the alts seeing there is not much movement happened there? I dont think so.
Worse case, they were pulled down by the bitcoin dump.

bernardos

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The price is actually not that bad taking into consideration how low the volume is. What goes up fast goes down fast as well, that is just the way the market works. For those who believe in bitcoin in the long term should not care what the current price is or what it will be tomorrow. Lets focus on what it will be in 10 years.

stadus

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This is what investors do if they believe the market is due for good recovery.
Price down, it can only be because of correction, and it doesn't mean it will have a downtrend continue to its low again and then we will have a long bear market again. I think it's not gonna happen this year, the idea here is buy when price dump because eventually it will rise, that's how the trend shows.

Sharon121212

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Point of correction I don't agree that the bear market is back also we have not yet gotten to the bullish run yet let say we are at a cross road with the bear market behind us and the bull market ahead of us. I would predict that we would head towards the bull run direction please don't get me wrong am not saying due to the fact that I am a bitcoin lover(well at least 40% the reason). But analytically we are heading for something big

jostorres

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Quote from: Lawrenzoo on July 20, 2019, 02:43:19 PM

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

all i see is simple correction and not bears.

I think we are right, we are far from bears, although we still have the presence of little bears in the market, and they are the ones always selling for profit anytime they see an increase, but the bulls has always been very strong to pull the market back to live. As the market corrects through the bears activities, they are gradually eliminated until the market is free of them, and what we will continue to see is sharp increase in price of bitcoin and maybe little dump.

he time I expect the bear to be back to the market is when bitcoin and most of the altcoins has already reached another new All-time high, maybe by the end of this year or next year before the market can generally crash again when everyone is taking profit and they we go back to bearish market, but for now, the bullish trend is still very much activated.

bitbunnny

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Quote from: cosmofly on July 21, 2019, 03:50:25 AM

Many people have said that the price of BTC will increase sharply in the end of this year and the price reduction is only a small impact of traders.
I believe that with the appearance of libra, everything will change, the market will be green for several weeks. Please hold the alts top and BTC now.

Every year we have predictions that Bitcoin price will have big growth at the end of the year but it's not always so. Remember the last year. And corrections are possible all the time so sometimes users get tempted to sell but thus they usualy only loose more. So it's very important to have your own strategy and agenda.
Anyway, I don't think that Libra will make such major changes as many think or influence the Bitcoin in significant way. But the time will tell, so we will know soon.

ryzaadit

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Normal things, because trader holds more 30% their asset on Altcoin. They try to chasing profit bitcoin market with selling his Altcoin, Well until now Altcoin still not yet get the party the Altcoin Pair with Bitcoin always decrease. To be honest, Im still waiting for this party dont know how long we need times for altcoin market recover.

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Many people have said that the price of BTC will increase sharply in the end of this year and the price reduction is only a small impact of traders.
I believe that with the appearance of libra, everything will change, the market will be green for several weeks. Please hold the alts top and BTC now.

GreatArkansas

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

How long can traders Hodl or will they sell out in panic. Huh

Well, this kind of question also confusing to me before, but when I engaged on every trades as time goes by, meet some beast trader and done some research about trading. I can answer this as a trader's view.
-> Always have your plan, what are your targets area? It is for long term trade or short term trade?
and the most IMPORTANT is the STOP-LOSS. No need to panic, you have your stop-loss. That's all.

Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places.

My opinion as a trader is, I am willing to lose some of my funds, like for example you have your long position based on your technical analysis, so if your analysis invalidated and hit your stop-loss, well I will call it a day, wait for another good entry. It's much better to lose $3 than to lose $30, something like that.

M0neyGrabb3r

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For those who have buy it for more than 9k then it's better to hodl than selling it but if you have extra money for investment then it's a good time to buy more as the price will surely increase and there is is very little chance that the price will continue to go down because that is how the market works.

Wise trader usually has a signal when to sell and when to buy and in this type of situation, buying is better than selling. So keep on buying if you want to gain more profit in the end especially if we will hit the peak season soon.

voltesbit777

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

But now Bitcoin recovering little by little and I think they are aiming now to hit 14k$ or 15k$ before end of this July 2019.
Therefore, it is still good to see the the price was still cheap and good timing for us to buy em then hold. But every time the price went down
majority are getting panic most often here which is not supposed to be happen actually.

LogitechMouse

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.

I don't think that the sudden drop of Bitcoin within this past few weeks are because the bears are back. It is because of the news that have been spread across the internet and that is the reason why it came back at around 9k but to be honest, Bitcoin really needs this correction because it is finding a strong support and I think 9k is that strong support. Anyway, HODL is the best way right now to get profit unless you are an expert trader.

Maslate

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Yes..the market shape by now is better to look than of those prices early this year or even last year. With our own discretion towards the market, we can decide which one could be the best in our side either to hold or sell it now. I know not all of us are strong enough to hold their coins for the entire life and ain't not profitable anymore but of course, we take those advantage when we saw some gains with our investment.
Actually, I'm not that greedy person to think for more profits but seeing some bucks is really good enough for me. It will have become bigger if the market still in good shape.

BitHodler

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Bulls are bears and bears are bulls. It's the chart that decides what side people are on, especially when it comes to rational thinkers and not those who just expect Bitcoin to moon because the fundamentals are strong.

Fundamentals are something the prices catches up on over a period of years. Bitcoin fundamentally wasn't worth $20k back in 2017, but it still reached these highs. It goes the opposite direction too.

I like people being neutral more than overly bearish or bullish. The charts turned a little bearish but on the other hand it might also be a healthy correction followed by consolidation within a somewhat wider than usual range.

If this ends up breaking down in a more bearish scenario then so be it. People didn't give Bitcoin a single chance to break $6000 in 2019 while it's hovering over the $10k mark right now. Be happy with it for once.

deadsilent

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Bulls not over yet. Marketcap is still good for declare a bear market. Also altcoins market recovers I think it's 60%-70% of it's marketcap since bear market stays for almost two years. So I can't blame people why they sold their altcoins because of long drought which I think the longest in the history. For now, people are relying on Bitcoin as the volume goes to it. Altcoins will rise again soon when Bitcoin drops as the volume goes to altcoins. It's a vice versa.

sandra_x

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We had the drop when there were the US issued a stop order against Libra (facebook coin ) and it then seemed there could be some possible ban on bitcoin, made worse by the Trump tweet, those have been cleared and bitcoin is back to its previous climb, we should see full recovery in the coming days.

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Quote from: glennmatthew on July 17, 2019, 01:30:25 PM

I agree, what is happening now is a natural movement.

Are you sure this is natural? All this time, i've been thinking that the movement of the bitcoin price is not natural. Because there's so many aspect that affecting it's movement.

Lawrenzoo

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Quote from: TheBusstop on July 17, 2019, 01:13:37 PM

The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

all i see is simple correction and not bears.

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Quote from: harizen on July 17, 2019, 01:24:08 PM

Did bears really come back? Or there are just other people who just noticing how far the dip goes down but never think of how far the increase goes up. If bears will really come back then expect below $5,000+ as it will surely break the former established price support.

We need this dip, really badly need this to establish a strong bottom. Like you have mentioned, $14,000 to $9,000 in just 2 weeks, look at how weak the resistance at above $10,000. Do you guys just want for the price to just go up and take the easy path to the moon knowing there is weak resistance every floor? If that will be the case then it's just a replay of 2017 where everything is "hype".

I agree, what is happening now is a natural movement. I am really happy with the way the market is looking. We need to build up a solid price support before moving further up.

I have heard that with the BTC halving coming up, many miners are already holding their coins in their wallets. The price will increase exponentially in 6 months. I would be tempted to say we might even see highs of $30,000 to $40,000 by the end of the year. If you think about it, historically BTC has experienced incredible growth every single time that it has hit $10,000. The price jumps in waves, you could compare it to a tsunami... first the wave retreats, and then it comes back 10 fold.

harizen

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Did bears really come back? Or there are just other people who just noticing how far the dip goes down but never think of how far the increase goes up. If bears will really come back then expect below $5,000+ as it will surely break the former established price support.

We need this dip, really badly need this to establish a strong bottom. Like you have mentioned, $14,000 to $9,000 in just 2 weeks, look at how weak the resistance at above $10,000. Do you guys just want for the price to just go up and take the easy path to the moon knowing there is weak resistance every floor? If that will be the case then it's just a replay of 2017 where everything is "hype".

TheBusstop

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The past two months saw Bitcoin rose from 5k to 14k. obvious. the move looks like a planned market. it is was a free Bull market just like the Jan ,2018. as a result of this move,Many traders Were deceived by selling out their ALTCOINS to bitcoin in other to earn from the Bull market.

Currently, The bears are back. it looks like a free fall. from 14k down to 9k within two weeks. Honestly, selling out again will be a total lost for people that left the altcoin Market to bitcoin.
MY OPINION: Dont sell out. Just hold. to avoid loosing out in two places. from indications, the bear can hit hard for long. How long can traders Hodl or will they sell out in panic. Huh

Topic: Don;t be tempted to Sell OUT; HODL (Read 1133 times)