BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
Surely, the attitude of investors in the bear market at this time is filled with doubts. Some of them are still waiting for what will happen next, because before the price of bitcoin continued to decline drastically then they are many people who judge that the price is the lowest price but shortly after the price drops more drastically as well. For this incident, what they will do next is not to buy first, just wait for the bull run signs to come and then buy as much bitcoin as they want. 
Topic: Holding BTC at this satge is a bad idea? - page 2. (Read 2363 times)
BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
Day by day? Everyday the price goes up then goes down, it goes at a random manner so I don't think that BTC is continuously going down because it is not,.you can go and even take a look in the graphs of the market and you can see there that BTC is indeed going down but not going down fully, and yes this is a really hard and rough time for people who are HOLDING their Bitcoins.
Right now it's a good moment to collect BTC, but miners are currently quitting to mine, so holding bitcoin is a good thing. But if you feel panic and fear then just sell and make a real asset that has good potential.
This situation allows us to be patient and wait for the good opportunity to come to be used wisely.
This situation allows us to be patient and wait for the good opportunity to come to be used wisely.
I think holding btc on this stage is not really a bad idea, The bad idea here is when we are going to sell our btc in a very low price like dip. The status of btc today is really dropping and it is really falling slow. So if we are going to sell or dump it on this dip we can maybe really loss a huge amount of money here. So let's have patience guys and stop selling on low price for good.
BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
And how you are going to minimize your losses when the price is already close to the bottom? If you wanted to try that strategy you should had done that when the price was at 6000 at the latest, but now when the price is at 3300 it seems too late since it does not seem possible for me that the price goes any lower, but if you think otherwise maybe you could be right and selling your coins could be the right thing for you to do.
I dont think if holding bitcoin at this stage of bearish is a bad idea. Because each investors has it's own strategy to follow where they believed for getting high profits. Investing in this bearish run is a lossing investment especially to those who bought crypto in a higher cost previously then at this bearish moment they panickly sell and accepted the big losses. So the best strategy at this bearish moment is hodl and have enough patience and strong belief of crypto.
BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
Low prices we have right now are in opposite very good ones to buy. I wouldn't sell at all, a famous saying is buy low sell high, right now would be sell low. It is just not to recommend to sell low. Price can go even lower but missing start of next bull run is also bad decision. Price is already very low.
At $1k I have my cash ready, I'm buying 21 bitcoins just watch
BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
Low prices we have right now are in opposite very good ones to buy. I wouldn't sell at all, a famous saying is buy low sell high, right now would be sell low. It is just not to recommend to sell low. Price can go even lower but missing start of next bull run is also bad decision. Price is already very low.
Don't wanna go the "told you so" route, but holding BTC at $10,000 and above was a bad idea.
Now it's so low that it's probably worth accumulating.
If you're stuck holding BTC I wouldn't sell in your shoes - except maybe for swing trades
Now it's so low that it's probably worth accumulating.
If you're stuck holding BTC I wouldn't sell in your shoes - except maybe for swing trades
No, not at all. Holding is always a good sign that you are a strong investor. However, this doesn't mean that you should always hold. Do some side trading, covert some bitcoin to real cash and you will do fine in the long run.
Hold, sell and buy must be based on an analysis.Especially as to sell at such low price as now nobody wants.
This stage is right to hold Bitcoin. The cryptocurrency price is too low to sell it. If you get rid of BTC now, when the market is, sure, down, you will certainly lose. Just do not touch your crypto these days.
Well i don't think selling right now is the better option even if the possibility of btc dropping further is high. I can't think of any other option especially if you got in close to it's peak. It's huge loss to swallow if you sell now.
It would have been good if we converted everything into stable coins just before the dump. However, it is done now so all we can do is wait for the bull run to happen so things go back to normal
Like many, I don't think it's a bad idea, it's just not the best thing you can do with your investment, for example, why to have your money in hodl 1 or 2 years if you can trade with the huge divergences that we have now at the different prices? this way you would get much more profit in the short term.
Not at all.
It's never a bad idea to hold bitcoin now because it is the only good strategy, as selling would amount to you selling below the rate you actually bought and that would result total loss of funds.
It's never a bad idea to hold bitcoin now because it is the only good strategy, as selling would amount to you selling below the rate you actually bought and that would result total loss of funds.
Hold, sell and buy must be based on an analysis.Especially as to sell at such low price as now nobody wants.
This stage is right to hold Bitcoin. The cryptocurrency price is too low to sell it. If you get rid of BTC now, when the market is, sure, down, you will certainly lose. Just do not touch your crypto these days.
BTC is showing weakness and loosing ground day by day I think it is the time for the investors to book profit who are on profit and minimize losses who already suffered a big loss. Can anybody enlighten me on this issue now?
With only a small price of above $3,000 you are hesitant of holding?Come on men this is no right,bitcoin had reached a almost $20,000 and this is the perect time to hold and store bitcoin as many as you can,imagine how huge might be your profit if the value from this dip had recovered to the highest price again?do you know what i mean here?
If you have being observing the market this few days, you will see that bitcoin is a little volatile so daily trading will be the best option to minimize the lost. Converting everything to fiat is not the way out of the lost.
I think selling bitcoin now it's a bad idea, and good idea is to buy bitcoin at this stage or even latter on, when it could get even lower in price. If you are holding BTC from when it was 800$ it's still good to hold, and hold on tight, because rich people want to get all the bitcoins. So participate, get some bitcoins!
Never have bad ideas for holding and keep your bitcoin for long term investment, you can keep your money at bitcoin investment because I always got bitcoin on higher price every time, just wait bitcoin will growing up.
It is depend on a person how they would handle their investment. It is good to hold and buy bitcoin at this moment because price is in dip which is an opportunity have more volume. I do not think that holding now is a bad idea because if you this coin had potential and going to grow again which will worth better. 
Everyone of us now was suffering loses we invest or we buy bitcoin when the value was high but now it continues falling so it means still hold our coins. Holding is not the bad idea but you are thinking that selling your coins in the lower price so that is not the good idea. The best thing to do was invest buy more bitcoin when the value is low and hold for the long term and surely the value will rise and you will earn.
The holding of bitcoin is depend to the people who have bitcoin. As of now if you the market some people already cut their losses because they scare they could their entire money. However, some people still hold their bitcoin which they believe on the potential of it and they still hoping on another that might happen next year which 2019. Jump to: