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Topic: Hodl or sell my bitcoins and buy again when it’s gone down even more - page 2. (Read 384 times)

full member
Activity: 308
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...
It is 100% fake and aims to spread FUD, how can anyone say how much will bitcoin will worth on the next days? Thats impossible unless you have the power to see what will happen in the future lol. If you think that bitcoin will lose more value then it is not bad to cut your losses because you can just reinvest when you feel that it will rise again. We are all just speculating and no one really knows which path bitcoin price will go so dont get affected by people saying that it will continue to drop.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
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...


I think you should first investigate the truth of the news, most of the news is FUD. yes, obviously this is intentional to make many people panic and decrease the value of bitcoin. I tend to reverse, frankly. at this time I rarely read news about bitcoin development, so just looking for all the information in many threads in this forum. I think, the current bitcoin tends to be stable. it's been almost three weeks, the price at around $ 8k most grows a little $ 9k.
btw, I never guarantee this will last long. but right now I think it's good to buy bitcoin
legendary
Activity: 2898
Merit: 1823
OP, hold. Plus what you should be doing is to find a real job or a second job, then save a percentage of that and store them in Bitcoins.

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.

Just my 2 cents.
full member
Activity: 210
Merit: 100
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
If you sell your bitcoins now then also you will be in huge loss. So it will be better to hold your bitcoins for few more months. The price most proabably will increase in upcoming months.
legendary
Activity: 2562
Merit: 1048
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...

So you are holding Bitcoin at a loss, if you believe that Bitcoin can not get back again, then it's time for you to sell your Bitcoin, right now it's what we are seeing is not good we need to a strong faith or a Bitcoin firm believer to continuously hold Bitcoin at this trying time.
legendary
Activity: 3472
Merit: 10611
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...

price may go down but saying it will go down is just fake news and FUD. there is no indication of any price drop as there is no indication of any price rise for now.
if you are stuck making a decision you can always sell smaller parts. you don't have to sell your whole 1BTC, sell 0.3-0.6BTC for example so that you have some money ready, of course sell only if YOU expect a drop not because you read someone saying it will drop.
newbie
Activity: 139
Merit: 0
Better you do not sell your bitcoin, hold your bitcoin better, because when you sell bitcoin and suddenly the price goes up, you will experience great regret, you can buy again when the price goes down by increasing your capital.
member
Activity: 672
Merit: 32
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...
Hold it, considering the negative Issues about Bitcoin now very much from various parties that make almost all Bitcoin holders restless. Don't be consumed by negative issues in various media because it can make you more unsteady. Always discuss to the experts in Bitcoin trading in BCT forum.
Analyzing our coins is important to support us making decisions, analyzing our own coins much like :
  • Fundamental Analysis (formulas, graphs, etc.), or
  • Technical Analysis (financial data, market share, business cycles, etc.)

I tend on Fundamental Analysis because it is easy to learn for beginners like me with 2 or 3 different sources eg, between coinmarketcap and google trends
There is almost the same data between current trends and bitcoin prices, this is only a small part to complete when your decision-making, hopefully useful
full member
Activity: 448
Merit: 100
if I prefer to sell my bitcoin even though Untungya result is still not how. because I'm afraid the price is not added up even more down .then I buy the coin again when the price is down.

depending on your own if you are not sure that bitcoin will go up sell it, but if you sure defend it right .. or you can sell some of it and the rest of the defense ..
newbie
Activity: 252
Merit: 0
I will not sell my bitcoin for a low price, for me bitcoin investment in the long run, and I will wait for higher prices, so we will get many benefits in the long run.
full member
Activity: 252
Merit: 103
Bitcoin can not fall below 8k dollars for a long time. One of the reasons is that mining will not be profitable for most miners. AMD and Nvidia know about this and partially control the cost of bitcoins.  There are a number of other reasons, but I think that is enough.
newbie
Activity: 106
Merit: 0
If the average price of what you are holding is lower than the current price then you can go sell. But i would recommend to just sell a portion of it.
sr. member
Activity: 638
Merit: 300
Of course Bitcoin long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.

I agree with you. if you invest your bitcoin for long term I don't think you have to worry because I know it will double the price of your bitcoin.There are some speculations that before bitcoin will hit 50k usd it will experience its dip again. so If I were you , hold your butcoin and wait even it takes time.
full member
Activity: 1330
Merit: 147
Could you mind to put a source where you see news bitcoin will go down? If you really have one btc on your wallet you should more carefully to read the information. I suggest to you for read in the site who have trustworthy, like https://www.ccn.com and https://cointelegraph.com I'm sure both site is good for use a reference. And now, if you still remembered with news that your read before, I have solution for often see the movement price, if the price continue to decline you must sell it and buy when price in the lower price.
full member
Activity: 1092
Merit: 117
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$
sr. member
Activity: 518
Merit: 250
it is currently bitcoin is down, and this bitcoin price decline make some investors are worried about losses. for that if we have a lot of bitcoin if it is worried about greater losses should be to sell some bitcoin and leave some of it to wait for price movement bitcoin Furthermore, because bitcoin prices can go down and can also rise anytime, for that we must be patient waiting for rising bitcoin prices in order to benefit from the investment that we do today in bitcoin.
member
Activity: 266
Merit: 25
HODL is everything i can say at this moment.There is no new technology that can beat blockchain right now.But i´m not financial adviser  Cheesy
legendary
Activity: 1638
Merit: 1046
Mostly it's a fake news, the reason for the price down it's because of panic selling due to spreading FUD's.
If you lose already and still holding your bitcoin I suggest that you stay holding it until the price reaches the higher price to make a good profit than you are selling it for a low price then you lose.
I hope that you have some extra money for investment if you find the price dropping, buying will be a good idea and sell them if the price increases back again. Just to save your bitcoin for losing profit and make a profit for extra money.
full member
Activity: 395
Merit: 107
That is the game, do you sell now and hopefully get a lower price to buy back in or by selling now will it start to increase after you have sold.

You could take some out if you are dependant on your 1 btc financially, you could also look at the altcoin markets but seeing how concerned you are with bitcoin it might not be the best move as alts are far more volatile than bitcoin.
Ya if bitcoin goes down then I think altcoins will also go down and go down even more... I am not totally dependent financially on those 1 bitcoins but yes I invest some decent amount of money into it...really confused on what to do
sr. member
Activity: 700
Merit: 250
Of course Bitcoin long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.
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