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Topic: felling depressed for holding bitcoin :/ - page 7. (Read 1884 times)

newbie
Activity: 86
Merit: 0
If you have unused money you can buy some more at lower cost so your average cost will decrease and hold on to this until the price goes high.
newbie
Activity: 68
Merit: 0
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
No because if we don't work hard then we can't  get bitcoin.because  no pain so no gain.so feeling not depressed to holding bitcoin
newbie
Activity: 196
Merit: 0
I dont feel depressed for hilding a bitcoin,because if you are an open minded person especially you are engaged into a business,holding is the best way,because there you can see the big invome or profit with it.So nothing to worry  while you are holding a btc.
newbie
Activity: 126
Merit: 0
In my own opinion, i will keep holding on to my bitcoin, i will keep my hopes up because i know that bitcoin will go up again. Just sit back and relax, you don't have to worry to much. If you sell your bitcoin now then you will lose.
newbie
Activity: 211
Merit: 0
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

You are for sure starting to feel excited and positivity to bitcoin this past few weeks because it has started to pump up and shows positive price increase in the past three weeks just toDay the price started at 8059k and this has been going well for quite a while now. During the fall it was supposedly best time for us to buy at lesser cost we could have been profitting well at this times..For sure your loses will be recovered soon!
hero member
Activity: 1372
Merit: 503
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

As long as you are still holding it and not selling it for a low price you can still have the luxury of not losing your money. Yes, technically you are not gaining anything as you are holding it but you are also not losing the money that you have invested on it and to me that is a win win situation as you are still living for another day and that is what makes the bitcoin and the whole of the cryptocurrency market a volatile is even if it has its lows it also has its highs
jr. member
Activity: 280
Merit: 3
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

you haven't lost unless you sold. That is the old truth. If you bought at $12k, it's not so bad, you're not far away from breaking even. Just be patient and it will surely pay off
full member
Activity: 392
Merit: 101
dApps Development Automation Platform
Since the start of the year, bitcoin value had drastically dropped and yes, it is very much depressing. However, despite such evenf, we should always keep in mind that aooner, bitcoin value will increase and will even surpass its highest value last year. Though this may take some time but patience is all we need. So don’t be depressed, it will soon pay off, just hang in there.
full member
Activity: 420
Merit: 110
Yeah you should feel depressed about this because you went on to hodl everything I think its smart to support bitcoin and hold it but stupidly holding it over every dip is something stupid ofcourse you must know when to sell and when to buy buck again. HODL is a good thing only until everyone in this world is ready for it. Moreover if you really plan to hodl then just ignore the daily or even monthly prices to and reckon your prosperity in longer term. I would suggest you to take care of these things or else you will always be depressed of holding.
newbie
Activity: 51
Merit: 0
We need to have a bitcoin investment strategy especially when bitcoin is down. I agree with your opinion if you do not sell you will remain bitcoin and if when bitcoin up you will have some terrible profits. But if I hold too much, then when prices drop I must sell to recover the capital.
member
Activity: 294
Merit: 16
Don't panic. I think it's only temporary. I still have bitcoin, and now the price of bitcoin has dropped a lot, but I believe that bitcoin will recover soon. What we need to do is to wait patiently. If you think bitcoin will continue to fall, you can choose to sell, and you need to make your own choices.
newbie
Activity: 59
Merit: 0
You should rethink before selling your bitcoin. My suggestion to you is hold it till you make some profit. To minimize risk you can increase your portfolio by inveating in alt coins.
newbie
Activity: 252
Merit: 0
I think keeping bitcoin is better.
if the price of bitcoin fall than you should keep patient for higher price ...in the last of the year bitcoin price will be rise ..
newbie
Activity: 155
Merit: 0
If you bought you bitcoin at a high price then you should never think about selling your bitcoin in a bear market, hodl your coins and you will still make money from your bitcoin when the price finally goes back up.
sr. member
Activity: 686
Merit: 262
I would suggest instead of selling at this price and holding through the whole bear phase of Q1, it is better to keep holding investment till Q4. I expect the same price action as last year by year end. You bought your BTC at $12k. I expect BTC to reach this price by June-July. So, no need to hassle and sell at loss. Better to wait more since the bullish phase has started instead of selling low and taking loss. Your entry point wasn't that bad and is still an approachable price.
member
Activity: 938
Merit: 14
Earn more with Earn Network
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
I believe by now you've seen a lot for yourself on the Bitcoin marketplace. The bull is still preparing to make another giant leap. I suggest you hold your BTC and set for yourself a long term goal.
full member
Activity: 429
Merit: 100
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
That's a normal thing to feel whenever the market value is falling. But eep jn mind that the uncertainty due to the market volatility is a normal thing with cryptos. You should continue holding if you are aiming for huge profit. Selling will permanently cut down your potential profit. The market is now recovering and is a thing to look forward with holding.
full member
Activity: 532
Merit: 107
It could be very depressed to hold any crypto, because of the price goes up and down so fast, it's very unpredictable and uncertain. So you need to have a strong nerve and the less you check the price is the better for your health. It could be very stressed job doing trading because you never know when is the right time to buy and sale.
jr. member
Activity: 126
Merit: 4
Just keep it and have a long term mindset, remember rome was not build within a day amd you should probably not invest something you are afraid to lose. I know it hurts when cryptocurrencies bleed but that is the risk with this kind of investment. Just buy amd forget about it for 1-2 years and you will be okay. Good luck buddy.
sr. member
Activity: 728
Merit: 250
Security and Privacy Features on the Blockchain
Be calm and be patient. Nothing will be okay when you are panic. In this case, many people are staring the coin market and see their coins time to time. But, don't you know that the price of cryptocurrency especially bitcoin is always changing? The price is unpredictable. Now, you may lose around 5000$. But, if you can make a better strategy and be patient, you can wait for it until the market recovery. It may lead you to get double profits. And see, now the market just green. However, be wise, Never be panic to sell your coin at this time. Always analyze and research the market to know when is the best time to sell your bitcoin.
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