It depends on what your strategy is:
- if you plan to remain involved into cryto for long-term, then during this bearish market you can continue to hold and eventually buy more cheap btc
- if you plan to exit, you can accept the loss and liquidate your Btc as price will not recover very soon.
On long-term I'm confident that market will come back on a bullish pattern.
Topic: Holding BTC at this satge is a bad idea? - page 9. (Read 2363 times)
It looks like a bad idea to hold bitcoin now because there are some reports that it could go down up to $2,500 which will be a 30% loss already. If this slide continues, the prediction is possible. On the other hand, that is investment all about right? Sometimes we loss, sometimes we win. The good news is that once we win, it will be more than 100% return. If you are investing in cryptocurrency, you should always be ready for the consequences and willing to endure those losses in the future.
anybody who is a hardcore believer and investor with extra money to invest will buy more and more, anybody who is panicked will sell in loss - common syndrome.
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 situation might not be clear righgt now, and it is unwise to make decision on what to do next without taking the time to see what will happen with therr current market, prices may have gone down by a significant amount, but bitcoin still the best investment out there and selling and quiting is not the awnser we already lost a lot and doing so will make it even worse, i personally i am still holdfing and will keep on doing so because i beleive that in the next couple of months we will see some improvments. hero member
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I don't think especially if you can get bitcoin at the lower price and you have much bitcoin in your wallet. Holding bitcoin will give you benefit but not in this day and maybe in the future because right now, the price still on the lower price. But it depends on what your strategy with bitcoin and if you think that holding bitcoin right now is a bad idea, then you can sell your bitcoin, but if the price can increase higher than the price now, you will regret because you already sold your bitcoin.
it is nt advisable to sell btc when the market is going down these kinds of panic situations will come in any financial market that doesn't mean the market is dead again bitcoin correction completes and bounce back to previous levels
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 don't think that holding it now is a bad idea, don't look at the bad scenario of the present value that has it now. Instead, you better take advantage the opportunity to buy them now while the price was in cheap value, before its too late. Remember, regret always comes at the last. So you supposed to grab the chance we had it now dude.
I think bitcoin is at its very low and it may now go below 3000$. With this in mind, anyone who buys now at current price, has a very good chance that he /she will get good profit as soon as the market recovers at start of next year hopefully.
the price is down now and lots of people are trying to sell so they don't make further losses but then i will say holding whatever amount of BTC we own is the best idea currently as thought price is down, we hold for a long term and wait for price to bounce back
I wouldn't say it's a bad idea, because I think sooner or later bitcoin will move upwards, the problem is that we don't know when, and you're going to have your money here for so long? you don't know when it could recover, it could last for years in which any other investment would already be giving you profits.
when the price of bitcoin falls, we have many people angry and complaining that the price falling. when the price increase, people creating many thread with much optimism, but people forget if the price increase from $ 3000 to $ 20,000, then the price could also drop from $ 20,000 to $ 3000
you are practically suggesting that people leave the boat, as if it were the end of bitcoin. if you want to leave the boat, then leave the boat. there are still many like me who like bitcoin
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?
you are practically suggesting that people leave the boat, as if it were the end of bitcoin. if you want to leave the boat, then leave the boat. there are still many like me who like bitcoin
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 don't think that holding it now is a bad idea, don't look at the bad scenario of the present value that has it now. Instead, you better take advantage the opportunity to buy them now while the price was in cheap value, before its too late. Remember, regret always comes at the last. So you supposed to grab the chance we had it now dude.
More terrible bad ideas if you keep hold and save your bitcoin asset, look bitcoin price have drop under $4,000 and you keep trust bitcoin will growing up is bullshit, you have sell bitcoin and save your money until bitcoin is back to re investing again.
Holding the bitcoin causes the value if our holding to loss until the prices keep falling but we never knows when the prices will increase and decrease so everyone hope is that the prices can increase very soon so they can make more profits if we can buy some bitcoins at very cheap.
I always hold. I don't think holding is anytime a bad idea. Selling in a frenzy is a bad idea.If the market is red and everyone is selling, then I won't sell.If everyone is buying then I will sell.
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.
Not ..do not do it to sell at a price that is currently declining, it is a very bad idea, because if prices decline, you have to buy and collect as much as possible, investment is certainly the most favorite alternative for people, because the work is very simple, they just wait when the price will rise, but continue to survive in no hurry to sell it. It takes strong self confidence not to be tempted by other people to sell at cheap prices.
Indeed, bitcoin is now experiencing a fairly low decline, but the choice to hold it does not mean a bad idea, because bitcoin will definitely rise again to its best price, rather than selling it now will have a big loss, in my opinion holding it is the best choice.
I don't think so, this stage is better to hold and keep BTC secure on the wallet than selling it. For more than three weeks Bitcoin and other major crypto currency significantly dropped. There is no idea and opinion to explain the recent price down or red market because it is really hard to predict and analyze the market. All are seemed unpredictable even beyond the expectation where most bitcoin users or holders say that this year would be the bull market. In fact, we don't see it yet.
It makes the holders of Bitcoin worry and confused whether to keep it or sell it now. As the bitcoin and altcoins are losing out the value. I personally prefer to wait and not becoming panic to this situation.
It makes the holders of Bitcoin worry and confused whether to keep it or sell it now. As the bitcoin and altcoins are losing out the value. I personally prefer to wait and not becoming panic to this situation.
No bad idea with me ,look like the downfall price have been Bitcoin market.it is the good time to invest, holding everyone.i know many people shocked Bitcoin volume, because it already huge down.but I hope it is the main suffering to the future increase Bitcoin price.so remember it and don't forgot your real opportunity.it will can be change your life anytime.
I support this idea because continously bitcoin price is decreasing and it is difficult to determine when price will rise, and is it have any possibility to rise price?
I think there are general selling sentiments in the market and the bitcoin price is not helping matters as it has consistently kept going down for the past 2 weeks. Holding bitcoin to wait for the price to go up before selling is a strategy to make some profit but this situation has kept sliding down and has depleted wallets of all the holders.
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