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Topic: Hodl or sell my bitcoins and buy again when it’s gone down even more (Read 306 times)

full member
Activity: 280
Merit: 100
Its better to buy bitcoin when it fall too much in a short time like today, the price will surely rise back in one or two days and its time to sell if you dont plan to hold, but better buy and sell by stages
full member
Activity: 770
Merit: 102
That is one good trading strategy that can be used in short term trade to limit your risk and maximize your profit.Before trading you can decide your minimum profit to take. You don't need to hold it because it is more risky. Just monitor and wait for price to go down lower then buy again more.
newbie
Activity: 350
Merit: 0
It’s quite a bit gambling to my sense. You can never predict market’s behavior. You may get a little bit edge, you may lose big-time too. I think, even if price go lower, it’s unlikely to gain much by selling now. I would prefer holding.
newbie
Activity: 31
Merit: 0
Are you now in a state of profit or loss ?, If in a state of profit, no matter how much, you should immediately sell it, but you also have to be sure. If you are now in a state of loss then I suggest to hold it.
full member
Activity: 476
Merit: 100
I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...
Nothing is sure right now. These days the price could go up to over 10.000$ or go down to 5000$ because the price stays stable at 8000$ since the beginning of March and no one can tell you for sure what is going to happen. I would recommend to just hold you bitcoin in wallet because the price is going to increase someday and you are going to make profit. It is much safer than selling your bitcoin now and waiting for the price to go down since everyone wants to go up. There are dozens of news against bitcoin wich say that the price will go down but it seems that bitcoins is stable at 8000$ and it is not moving in any direction. Last days after the summit the price increased to 9000$ so probably when the next summit is going to take place bitcoin will go up to 10.000$
very well said, bitcoin is stable now at 8000$, if you are profiting with buy and sell even the value goes down then that is great and continue what you are doing but if you sell and buy and you keep loosing the value since you sell it then that's not good for your pocket, i would recommend also to hold your bitcoin's in your wallet because the value of bitcoin will sure rise, i would recommend you also to buy ethereum because the price now is cheap, this is a great opportunity too.
full member
Activity: 378
Merit: 100
I prefer to hold Bitcoin rather than sell it because I believe that Bitcoin price will recover again after a few months. Also, if you don't need money today then better wait for the come back of Bitcoin in the market because for sure it will double your Bitcoin after a few months.
newbie
Activity: 21
Merit: 10
I think don't sell your Bitcoin right now, just holding.. and hopefully bitcoin can be doubled up in the future
hero member
Activity: 672
Merit: 500
I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...
No one knows that when will it go down and when will it recover and how faster will be that process so in this case I will say that there si a chance of losing the amount of your BTC so better option is that you hold your bitcoin for a few months more as it is sure that it will increase in value much higher in the coming months. We always have to follow those paths about which we know so we will get the success.
sr. member
Activity: 462
Merit: 252
this is a simple and very effective way of increasing your portfolio and your overall wealth in the medium to long term. hold when the prices fall, and at the same time acquire more coins when the prices goes down even more, because as is clear bitcoins is here to stay and will obviously become a part of the financial ecosystem and as such the price must and will rise again and as history has shown us bitcoin knows no limit in how high it price rises. the popularity/acceptance of bitcoins increases daily and with that consumer confidence .
jr. member
Activity: 148
Merit: 1
For now the first thing to do is to hold because of the bitcoin price now.but if the the price increase may be you can sell and buy again if bitcoin price is down or the other option is to buy a altcoins
newbie
Activity: 70
Merit: 0
This is true that the prices of bitcoin has sudden fall after a huge amount of growth. But, after the price has also increased a bit. As it is getting popular day by day, there's a huge possibility to increasing the price in future. I should definitely recommend you to hold it. Now, the choice is yours!
newbie
Activity: 336
Merit: 0
It is a bad idea to sell your coins right now. Bitcoin is all about holding and waiting for the right moment to sell when the price will increase.
member
Activity: 126
Merit: 10
I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...

No, try to tune yourself morally to the fact that when you store the coins coldly, you do not lose weight but only exaggerate your wealth, soon after the fall of the market, the coins will be bought up in large quantities and then the market will go up again
hero member
Activity: 1694
Merit: 541
Do not take this buying opportunity for granted. One day many people will wish that they should have bought all the coins they can under $10,000.
This is without a doubt an opportunity to buy coins at a good rate considering what the price would be a few years from now, the market is really volatile and you can make a good profit with this kind of market as the price is going up and down within a weeks time, i would hold my coin for the long term rather than selling off my coins when the market turns negative.
sr. member
Activity: 552
Merit: 250
Don't panic about the actual price and keep holding your BTC, the price is used to be volatile all the time, its going up and down since the creation of Bitcoin almost.

Holding for long term is the best decision, because BTC price is expected to increase highly in the future.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
At the moment bitcoin is dropping from more than 8K to below 8K. But the price will not decrease much more, so you better hodl. The price decrease is a result of the FUD spread these few weeks and because authorities have announced to consider cryptocurrencies as properties that will be taxed. But when the FUD is over, the price will increase again and bitcoin might reach another ath of 30K at the end of the year.
member
Activity: 79
Merit: 60
Of course, when the bitcoin began to decline, I would immediately use the chance and buy as much money as I trust, and that is a good thing without risk, it will always drop and grow, I would not sell bitcoin because I do not get fired. Maybe somebody bought bitcoin The price of $ 10,000 is not his investment to sell at a lower price.
newbie
Activity: 126
Merit: 0
Bitcoin is a cryptocurrency so its price will be the fluctuating sometime. But it is high time to invest bitcoin as the price will be high within six months. But I think present price is also potential price as the perspective of the market.  Smiley
newbie
Activity: 29
Merit: 0
I think you should hold yout btc and wait for months, its price will go up more and you can get profit
hero member
Activity: 826
Merit: 518
I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...
It is just like gambling if you are lucky enough you can sell now and buy the same bitcoin for later with cheap price but no one knows when the price of bitcoin will fall or rise so it is better to hold than risking our investment.Those are not fake or true news they we just predictions so there is no assurance that will come true.
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