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Topic: Holding BTC at this satge is a bad idea? - page 6. (Read 2363 times)

jr. member
Activity: 458
Merit: 2
December 09, 2018, 07:18:20 AM
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?

A very bad idea I must agree to holding Bitcoin. Imagin an investor that got at 20,000$, 15000$, 10000$, all in the name of holding and now seeing the value at 3000$+ will surely be frustrated with the whole investment.
full member
Activity: 466
Merit: 100
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December 09, 2018, 04:11:26 AM
Why ? its the same BTC was at 20k ,why? people always do this, when its was 17-18k they were saying "wish BTC go to 3000 i start buy" when it s 3000 they say its end  of crypto.
haha really confusing, sometimes many people only talk with their emotions. when they expect bitcoin to fall to 3k they have plans to keep buying, but in fact they actually experience panic and fear that the bitcoin will not raise the price again, so what they say is that bitcoin will soon die. Honestly, I sometimes feel confused about what they think.
full member
Activity: 504
Merit: 105
December 09, 2018, 04:05:24 AM
Why ? its the same BTC was at 20k ,why? people always do this, when its was 17-18k they were saying "wish BTC go to 3000 i start buy" when it s 3000 they say its end  of crypto.
sr. member
Activity: 882
Merit: 297
December 09, 2018, 03:58:27 AM
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?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again.

Accumulation is the only and best option to decrease your loss and wait for the profit as you can see the history that in every 2 or 3 years bitcoin has shown a good profit. Even if you buy in dip and when the price increase double the last low will also give you break through to exit from crypto currency with small profit or no profit or loss. Which ever is suited by you.

Selling now and then buying in low is high risk as if the market down go down from here and after some time it start to go high then you can do nothing but to just feel sorry for selling in loss.
sr. member
Activity: 1009
Merit: 328
December 09, 2018, 03:38:32 AM
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?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again.
Well i think the very best thing to do is to buy some more coin and hold. Because selling your asset in a very huge dip is really a great loss we can all loss on it if we don't have a strong hands to hold. I believe that patience is really a virtue on the crypto world. I believe that the crypto market will soon rise so we need to hold for us to gain.
legendary
Activity: 2576
Merit: 1043
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December 09, 2018, 03:14:49 AM
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?
The question is, can the investors who are suffering a big loss right now have the guts to sell their Bitcoin that they are holding. To be honest, I can't sell my Bitcoin at a loss especially if I'm at a huge loss. I think I'd rather choose to accumulate more and do the averaging compare to just sell your holdings at a loss or just hold it longer since I'm patient enough to wait for it to rise again.
full member
Activity: 563
Merit: 102
December 09, 2018, 03:03:33 AM
bitcoin is still declining everyday. Yes it is hard how to know what will happen to the prices and I don't know what to advice but I think.if you will sell your bitcoin now to cut the losses it is too late already and there is no chance you will recover but if you will hold your bitcoin , there is still the chance you can earn in the future.I don't think it will fall down to zero though.
sr. member
Activity: 1484
Merit: 253
December 09, 2018, 02:31:34 AM
No, ofcourse not. If you are long term holder then you should not be worry with this condition. This is only part of cryptocurrency market volatility, if you have plan to hold bitcoin for 2 or 3 next year then you need to be more relax. If you want to convert tour btc into fiat in the near time then you should convert it now. I thought that the bear market will not forever, maybe next year the price of bitcoin will start to rise again, I guess the price can reach $100.000 when the bull market take it's turn.
In this kind of market, we have to be prepared, strategic, and should have a strong foundation of knowledge and commitment. In the game of volatility we should be wise and be brave enough to face its positive and negative surprises. HODL is one of the most applied strategies during the dip but it does not end there, it needs proper timing since market is always moving. We may have different approach and strategies when it comes to price correction, but what is important is that we know what we are dealing with, continue to learn and explore new things. Never be afraid to fail, don't worry much, be positive, take a look at the brighter side, learn from every experience and use them as a platform to grow and be strong.
copper member
Activity: 294
Merit: 1
December 09, 2018, 01:55:14 AM
Holding bitcoin in this present market condition requires one is a risk taker and foresighted.
It's a good thing to buy and hold bitcoin when the market is indirectly discouraging that.
Those of us holding it now stands a high chance of making a other of money soon.
So hold it tight.
sr. member
Activity: 294
Merit: 250
December 09, 2018, 01:37:16 AM
No, ofcourse not. If you are long term holder then you should not be worry with this condition. This is only part of cryptocurrency market volatility, if you have plan to hold bitcoin for 2 or 3 next year then you need to be more relax. If you want to convert tour btc into fiat in the near time then you should convert it now. I thought that the bear market will not forever, maybe next year the price of bitcoin will start to rise again, I guess the price can reach $100.000 when the bull market take it's turn.
full member
Activity: 546
Merit: 100
December 09, 2018, 12:40:47 AM
Not its not, holding is the key, if you are bought bitcoin at $15k before and sell it now, thats a bad idea. No one wants to get lose instead of making profits in crypto, just wait for the healthy recovery and dont let panic manipulates you.
jr. member
Activity: 134
Merit: 1
December 09, 2018, 12:36:06 AM
#99
How can holding be a bad idea if that is the reason a lot of people are rich right now.

A lot of people take a hold of their BTCs in the past and that is the reason why a lot of people earned a lot of profit out of it, so why would it be a bad thing? Also, it is a low price these days and if you will be selling them off now you will be in the disadvantage. Holding these days is the great way to keep your profit and if the price pumps again, you can realize how great it is to hold.

I agree with your idea, but I think everything is about etf.
According to a news release published by ccn. etf has rejected the Bitcoin request until the end of February 2019
If etf accepts bitcoin, bitcoin will grow again, otherwise bitcoin will drop sharply.
Everything is like gambling

you can read full news here:
https://www.ccn.com/as-expected-sec-delays-vaneck-bitcoin-etf-decision-until-february-27/
newbie
Activity: 42
Merit: 0
December 09, 2018, 12:16:55 AM
#98
TS, i won't say it good or bad option but i will said this . You still have option left . For me playing live dealer games while using Bitcoins to fund your casino account is becoming a new trend & to earn extra or a lot of BTC if you are good in the process , but the point isn’t really following a certain fashion, as it is applying a truly convenient payment method. Thanks to network speed improvements and the strength of modern computer configurations, live casinos are no longer products of imagination. In the same vein, the cryptocurrency concept was launched with Bitcoin – a decentralised payment system that makes a trusted third party completely redundant

In fact, if you want to try live dealer casino online (I'm enjoy using Vegas Casino for reload & deposit bonus . You will find hundreds of casinos offering bitcoin live games.Time to to put some of your BTC to work and earn more in the process
sr. member
Activity: 1936
Merit: 290
December 09, 2018, 12:23:49 AM
#98
Holding BTC at this stage is the good idea now this time for me,lot of people getting holding their Bitcoin because will receive more profitable. Actually I do not ignore this think I have keep it buy&sales trading countinue.if market situation now very bad think failed then I'm happy to enjoyed countinue our work. Cry
hero member
Activity: 1722
Merit: 528
December 08, 2018, 09:32:13 PM
#97
How can holding be a bad idea if that is the reason a lot of people are rich right now.

A lot of people take a hold of their BTCs in the past and that is the reason why a lot of people earned a lot of profit out of it, so why would it be a bad thing? Also, it is a low price these days and if you will be selling them off now you will be in the disadvantage. Holding these days is the great way to keep your profit and if the price pumps again, you can realize how great it is to hold.
hero member
Activity: 1148
Merit: 504
December 08, 2018, 09:24:53 PM
#96
I don't think so. Although Btc is dipping hourly, daily and weekly even with this I can see a bright outcome from this grave dip. So it's better to accumulate more from the weak hands now.
You think things are positive and the rest think with bad things. The market drops you see the poles but there are a lot of people seeing the dark colors. I fear that this market is killing the investors.
for the long term it won't kill you, why ? because bitcoin will continue to grow and develop even though the current market conditions are pretty bad, but it won't affect the future of bitcoin, so for those of you who hold back for the long term, don't panic just focus in the future and your target, but for the short term you have to keep monitoring, the prices very volatile right now!
jr. member
Activity: 188
Merit: 2
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December 08, 2018, 08:58:06 PM
#95
In this situation holding is the best way we need to make especially when we lose in our portfolio's because if you sell it now maybe your losses will increase,and if you holding BTC believe on it ignore your portfolio for now to avoid panic sell.
full member
Activity: 2590
Merit: 228
December 08, 2018, 06:44:14 PM
#94
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?


That's correct this recent price value of bitcoin many more investors and bitcoin holder suffering losses, but it doesn't mean this stage price value are bad idea to hold bitcoin, for me during the price dumoed it's good time to hold my p bitcoin asset to avoid more losses and I'll wait for the next rebound not only to cut of loses but to got better profits patience is the best key to success.
full member
Activity: 1890
Merit: 101
December 08, 2018, 06:33:39 PM
#93
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?
I'm very sure Bitcoin will have another surprise in the future, The "Whale" may be planning something big, just be patient with the current market conditions, even though it hurts to see prices drop. Positive thinking and continuing to follow the news are the most important things we can do now.
copper member
Activity: 166
Merit: 1
December 08, 2018, 06:01:13 PM
#92
Holding BTC at this stage is a bad idea and I wouldn't say that it is a bad idea because the market of crypto is totally cold and being down approximately last of one year. And I hope it will be rise up again and holding the bitcoin is better idea then sale. Buying and holding the BTC this time is a good idea for huge profit and recovery the same.

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