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Topic: Hold or sell it all ? (Read 262 times)

full member
Activity: 130
Merit: 100
February 18, 2018, 06:57:20 PM
#32
I would not even sell a single dollar with those prices, no offense, but we all know that bitcoin will go up in a near time frame.

I am selling some altcoins, but that is normal, with altcoins i am always looking for a short term.
full member
Activity: 560
Merit: 100
February 18, 2018, 06:35:21 PM
#31
If you know how btc value plays you will say you will hold your btc. My first year at crypto world i am not hodling my coins if i earn even a little i cash it out immediately to buy things then regret it later looking at btc price on how it increase its value in just few months.
Patience indeed is best when the price of bitcoin is very down. Many had regrets those times when bitcoin was very low and if we look into the price now of bitcoin it is started to increase. So hold is good and let's just hope it will continuous in green phase of bitcoin.
sr. member
Activity: 2506
Merit: 368
February 18, 2018, 06:30:04 PM
#30
If you know how btc value plays you will say you will hold your btc. My first year at crypto world i am not hodling my coins if i earn even a little i cash it out immediately to buy things then regret it later looking at btc price on how it increase its value in just few months.
Sadly, most people who owns crypto doesn't know anything about trading and they just simply like the idea of accepting crypto rather than hold it or grows it. If you have invested in a crypto, you should at least learn the basics first e.g. volatility, demand, supply, etc., so at least before you do any trading you will not gonna lose a lot of your investment, but in your case you are not into trading but rather you are into wants/needs and not for business.
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
February 18, 2018, 05:23:03 PM
#29
If you know how btc value plays you will say you will hold your btc. My first year at crypto world i am not hodling my coins if i earn even a little i cash it out immediately to buy things then regret it later looking at btc price on how it increase its value in just few months.
member
Activity: 140
Merit: 30
January 19, 2018, 02:41:16 AM
#28
come back is real when bitcoin value is falling so if you didn't buy you should buy bitcoin when it's value is low, because there's a lot of investors waiting for that opportunity and i think they buy or invest then bitcoin demand become high again.
sr. member
Activity: 924
Merit: 255
January 19, 2018, 02:11:38 AM
#27
For a short term investment, just keep holding and be patiently, it's for sure.. it will going back to the height, no need to panic and no need to worrying. And for a long term investment, I think just keep enjoying the days while waiting the price going to the height again.
Anyhow on investing.. I think it's very depends on our intention and confidence on the circumstances, and anyway of course we must have a plans or strategies to deal with all the conditions that occurs.
member
Activity: 238
Merit: 15
--=oOo=--
January 19, 2018, 01:47:39 AM
#26
What would you do and why ?  Wink
I'm positive that the crypto will do a come-back within a short time.
more people invest now when it's low.
we need to use this opportunity and do not waste while the bitcoin price is still low right now we buy and keep or hold your bitcoin currency until the bitcoin price increase again. We can use the buy low and sell high strategy to gain profits and think positive, I'm sure that the price of bitcoin will rise again soon.
member
Activity: 588
Merit: 11
January 19, 2018, 01:04:08 AM
#25
Some holders and traders of cryptocurrency are seems to be overcome by panic when a majority of the coins go down almost simultaneuosly. This overwhelming emotion might lead them to sell their coins to minimize their loss. If  you really reseached your altcoins very well and you know that it will bounce back again sometime in the future, hodl is still the best option when the coins are undergoing correcttions.
legendary
Activity: 2898
Merit: 1823
January 19, 2018, 12:31:55 AM
#24
I had money i was depend on for a long trip and the situation now kinda ruin my plans.
if its going to be fixed back within fe weeks i h can wait but if it can takes long months to years to recover i'd rather to sell it now all.
what you suggest ?
Of course you must sell it all.  You risk to lose a lot of money if you pretend everything is OK and do that stupid 'hodl' thing.

Well 2 days later after your post, everything has stabilized and Bitcoin might be starting to be going back on track. To be frank with you, your reply is not helping anyone here. You are effectively telling them to panic sell if they followed your advice 2 days ago.
sr. member
Activity: 910
Merit: 260
January 19, 2018, 12:16:42 AM
#23
You will hold it. Coin pricess chage any time. So you know the coin prices information. Then you will know about the holding time and selling peocess. So thing about the process and prices information. Just wait for some time. Then it will increas the prices. Then you will sell it. Don't sell the all coin. You will hold the 50% coin it help to future invest.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
January 19, 2018, 12:05:01 AM
#22
Well someone has a good reason to sell if they predict a 3 year crypto winter. It's not because they expect to rebuy much lower. It's because they want to use the money for another investment, make a few hundred percent gain, and THEN rebuy. If you stay in youre just locked for years. Time is money.
grn
sr. member
Activity: 357
Merit: 252
January 18, 2018, 11:21:42 PM
#21
I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.

Then I will have more Bitcoin than before.
This is the best solution.

Good luck with that. Why didn't you sell at $19,000 in december?
legendary
Activity: 966
Merit: 1042
January 18, 2018, 10:53:57 PM
#20
I had money i was depend on for a long trip and the situation now kinda ruin my plans.
if its going to be fixed back within fe weeks i h can wait but if it can takes long months to years to recover i'd rather to sell it now all.
what you suggest ?
Of course you must sell it all.  You risk to lose a lot of money if you pretend everything is OK and do that stupid 'hodl' thing.

Why are you hear still?

OP. Really? Grow a pair. Cryptocurrency fluctuates. You really need to get over it. If you can't handle 30% dips you can't handle 1000% gains either. Go invest in the stock market or crappy 2% investments at your bank. Good luck even keeping up with inflation.
hero member
Activity: 490
Merit: 501
January 18, 2018, 10:51:21 PM
#19
What would you do and why ?  Wink
I'm positive that the crypto will do a come-back within a short time.
more people invest now when it's low.

Unless you are doing day trading or scalping, the best thing to do is, of course, just HODL to what you've got and patiently wait for some days because we all know that the market will eventually make some rebound. The surge back may not be very dramatic and can be painfully slow but definitely there is no question the market will be coming back (and it is starting to move now as I am writing this reply). This big dip is traditionally a part of the market history and this should not be surprising anymore though admittedly it can be a little bit painful. The big lesson here is that we should look at things long-term rather than be focusing on the day-to-day market movement. We should have that vision of what we want and we should get educated with the things related to cryptocurrency.
member
Activity: 224
Merit: 41
January 18, 2018, 10:50:36 PM
#18
I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.

Then I will have more Bitcoin than before.
This is the best solution.

Many have tried this before.

They sold at $3K, wanted to buy back at $1K and instead bought at $20K.

What will do you when it doesn't reach $8K ?

Two consecutive wrong move. Sold low then bought high. LOL.

Maybe when he sold at 13k then a profit would be more certain. As to what you've said, many fell on this decisions and it seems some are falling for it also. I feel that Bitcoin's price will not go as low as 8k so I suggest him to buy back when (or if) Bitcoin drops to 10k. That way he could gain, though not much, at least he gained. Waiting too much could lead to waste of opportunity.
sr. member
Activity: 2016
Merit: 283
January 18, 2018, 10:48:16 PM
#17
Buy and hold while the price is not increasing cause maybe the valued will make a long jump like what happened before when bitcoin drop suddenly. Instead of selling we need to hold like what others do to help the price soar to the top. Cause if we keep selling the price will continue to collapse  .
hero member
Activity: 910
Merit: 523
January 18, 2018, 10:25:05 PM
#16
I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.

Then I will have more Bitcoin than before.
This is the best solution.

Many have tried this before.

They sold at $3K, wanted to buy back at $1K and instead bought at $20K.

What will do you when it doesn't reach $8K ?

Obviously, most people think about it, hoping for the price to fall down through the floor of $9500.
But, it's too late in my opinion, the best time to sell when bitcoin at $17,000 a few days ago, or at least at $14,000.
Sold bitcoin at $11,400 and buy back at $8000 (if it really happens) isn't so profitable unless you have a lot of bitcoin.
Let's calculate if you have BTC1, sell at $11,4K waiting for the price decline to $8000, which mean you can buy back BTC1 but can generate $3,400. But how if bitcoin will stay above $10,000? Instead, it will recover to $13K? Honestly, I doubt bitcoin will fall below $10K again, because the storm has passed now. What makes bitcoin price corrected is bitcoin futures contract holders who dump bitcoin in order to get profit from their contracts. They just using South Korea fud news to influence people to panic sell, that was a perfect moment to make it happen. Discount time is over for now.
full member
Activity: 168
Merit: 100
reading.......
January 18, 2018, 09:35:39 PM
#15
What would you do and why ?  Wink
I'm positive that the crypto will do a come-back within a short time.
more people invest now when it's low.
Same as always HODL it as much as i can and it is a good time to add more into your Holding and get as much as we can after the huge crisis. It is understandable this is only the beginning of the year 2018 theres still some more.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
January 18, 2018, 08:26:57 PM
#14
Is it all black and white? Couldnt you split and diversify? Currently ever since yesterday's drop I'm bitcoin in one account and fiat in another account. I'm all bitcoin in the Poloniex account because I've written off that account anyway plus I need the coins to margin trade alts. I daytraded those coins 3 times yesterday and the cost basis is now $7K. If it crashes I can still use my coins to margin buy an alt at the bottom and then profit. Tethers are the worst thing to hold there. You cant use them for anything plus tether could collapse. Its just as likely as and much more ugly than bitcoin collapsing. In the fiat account I do daytrades every rebound or movement I can predict. I'm not actually rebuying there until I see a huge reversal on large timeframes. Currently I'm trickling small amounts of coins from the bitcoin account back into cold storage and portions of fiat from the fiat account into bank withdrawals. The bank is much safer than an exchange and Ill still be able to buy GBTC if I really want.
legendary
Activity: 3808
Merit: 1723
January 18, 2018, 08:18:30 PM
#13
I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.

Then I will have more Bitcoin than before.
This is the best solution.

Many have tried this before.

They sold at $3K, wanted to buy back at $1K and instead bought at $20K.

What will do you when it doesn't reach $8K ?
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