Topic: Holding BTC at this satge is a bad idea? - page 7. (Read 2363 times)
One of the quick defense with our investments ,especially this time that bitcoin value is getting lower and lower , is to hodl your coins for quiet some time until the price will back from its form, tgis is ti avoid much loses to your investments because of the price value falldown.
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?
If I know the situation we are in, the cause and when it will going to be recover, I can help you. But it is hard to help due to it is not known where the deepest point will be. But if you want to make great profit you should take risks otherwise waiting is the best choice.
I think that you are absolutely in vain doubt in bitcoin and you need to gather your strength and thoughts to carefully study the technology itself and understand that volatility does not carry anything terrible, it just needs to endure. Moreover, no one knows the nature of such a strong price fluctuation and it is possible that all this is created artificially for large whales to enter the market.
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?
It is not entirely clear to me what do you mean
But anyway the situation is cloudy
No one knows when the landing ends
So a decision to sell with a loss may be a risk.
I think this is the best idea for bitcoin now that the market is fluctuating a lot. In no case can you sell your coins. We must continue to believe that the price will rise. Do not make the main mistake of most investors and do not panic.
Just the same in the period of such a strong fall in the price of cryptocurrency need to hold bitcoin as long as possible, namely until the price is restored. I think that the price will grow, so I will not sell my coins and I advise you to do the same.
It looks like its bad idea to hold bitcoin at this moment.
There are people who will hold no mater what, that`s their point of view, people that have already withdraw and will never get into this story again etc. Believing in project or in its price recovery will determine a reaction of a `Holder`. The way that someone get in possession of a coin or amount of it is also important. For example, my friend got a bitcoin instead of dollars from his friend. Didn`t have other way to pay him because was out of the country and send him BTC. The price was 300 dollars. My friend didn`t sold it at 20 000 and didn`t sell it now, he still have that one coin. He feel sorry for not sell it on 20 thousand but he will definitely not going to sell it now. Everything is matter of perspective of an individual or personal experience.
I am holding some amount of bitcoin that I dedicated for holding on long therm purpose. It can`t hurt me, financially speaking, so I will keep it and wait for better days to came.
There are people who will hold no mater what, that`s their point of view, people that have already withdraw and will never get into this story again etc. Believing in project or in its price recovery will determine a reaction of a `Holder`. The way that someone get in possession of a coin or amount of it is also important. For example, my friend got a bitcoin instead of dollars from his friend. Didn`t have other way to pay him because was out of the country and send him BTC. The price was 300 dollars. My friend didn`t sold it at 20 000 and didn`t sell it now, he still have that one coin. He feel sorry for not sell it on 20 thousand but he will definitely not going to sell it now. Everything is matter of perspective of an individual or personal experience.
I am holding some amount of bitcoin that I dedicated for holding on long therm purpose. It can`t hurt me, financially speaking, so I will keep it and wait for better days to came.
I think the best thing to do now is to keep holding bitcoin. Selling it now is an absolutely stupid idea because you will not get any profit. And the prospect of bitcoin price growth is still real, so I do not advise you to hurry with the sale of coins.
Regarding that long post with red letters, money gets printed any time we need more, federal reserves are there to make sure we have enough cash.
I think that it is ridiculous for someone holding coins through the past couple of months to start selling now. The biggest wave has past and any further tribulation will be insignificant compared to the overall drop of the price. What is the worse that could happen? It will drop from 3.5k to 1k? That is nothing considering the bigger picture.
I think that it is ridiculous for someone holding coins through the past couple of months to start selling now. The biggest wave has past and any further tribulation will be insignificant compared to the overall drop of the price. What is the worse that could happen? It will drop from 3.5k to 1k? That is nothing considering the bigger picture.
I prefer to wait until it reaches to avaible price to sell. Since it is instable in price, I'm pretty sure that its price go up again. It is just a matter of time.
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.
Holding BTC now is just the smart option as we watch fiat currencies vaporize into hyperinflation.
Paris is burning and the Federal Reserve is bankrupt.
Paris is burning and the Federal Reserve is bankrupt.
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?
For investors with low losses I recommend selling them all to minimize losses before things return to zero. Investors with large losses continue to keep it because at the moment you sell them, your losses will not decrease.
I am not agree with your idea because everyone who is holding Bitcoin or other coins from very long time, even he is suffering from huge loss but they don't sell their coins, because they have full faith in crypto currencies future and they understand market situation, and also knows that upwards and downward condition is market's nature.
But after hearing experts thoughts, that crypto market will recover very soon and also touches its highest level and after that all our loss will convert's into huge profit, my confidence in crpto currency increased.
But all these things are just hidden in the depth of future and no one knows when this time will comes.
So according to me always take patience and also hold Bitcoin because selling Bitcoin right now is a bad idea. According to me if you have fund then invest more in Bitcoin because this is best time for investing.
But after hearing experts thoughts, that crypto market will recover very soon and also touches its highest level and after that all our loss will convert's into huge profit, my confidence in crpto currency increased.
But all these things are just hidden in the depth of future and no one knows when this time will comes.
So according to me always take patience and also hold Bitcoin because selling Bitcoin right now is a bad idea. According to me if you have fund then invest more in Bitcoin because this is best time for investing.
I think its time to holding bitcoin. Bitcoin price increasing possibility high after one month. So i think now people should collect bitcoin.
Holding BTC at this stage is not a bad idea, the truth is if you sell now you are a big loser. Because if you buy at $9000 and sell now you will hate yourself when the market is green again.
people who buy bitcoin do so only because they want to turn a quick profit by selling their holdings to a “greater fool” than themselves. 
If you can live life without selling your bitcoins or other crypto currencies then do not sale your investments and wait for few months, May be you would be able to get some profit. If you are at stake then you should set a target and sell your all investments. If someone want to earn more then take a big risk. In this case you have to be patient.
Well, from my point of view it won't be a bad idea to hold bitcoin at this stage if you have enough patience and have faith in bitcoin then you can hold bitcoin a little more time. Still, have time to overcome this shallow atmosphere, in fact, it is a matter of patience so don't lose your heart stay positive.
Yea i am agree with you because by holding my bitcoin and Ethereum i face a lot of losses money and i become a poor again. So in this situation holding is a great foolish.
Jump to: