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Topic: Now that prices are dropping, should I still hold my coins? (Read 1452 times)

hero member
Activity: 518
Merit: 500
Price dips are an integral part of bitcoin. There will always be a reason for the price to go south, but mostly it is because of the law of supply and demand. I am keeping my bitcoin in hopes that it will go up even more, while I also keep an eye when the price goes down, because every time it goes down, I consider it a chance to buy.
hero member
Activity: 1414
Merit: 505
Backed.Finance

Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.


And I strongly agree,just wait the halving period. Not a good idea  for me to sell now,as there are still reasons  for bitcoin to rise.Also people are considering to invest in bitcoin after the brexit,hope it will really have an impact on bitcoin.
sr. member
Activity: 336
Merit: 250
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?



Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.
hero member
Activity: 616
Merit: 500
I dont think it is really good to hold your bitcoins for a long time but why selling them when the price is that low
I dont know what you think but the price wil always rise some way so you should hold them and sell them when the price is rising again.

I think you are doing something bad when you are not holding the bitcoin because its gonna rise soon or later again.
Its a investment and I think you also should believe and stay holding it with the bitcoin to be honest.
legendary
Activity: 2758
Merit: 1228
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.

Although it create little panic selling last week it cannot really effect the price rise and look what have just happen today price is slowly retaining back his rythm to reach to its peak halving is nearly to come and that time we can really determine on what price of bitcoin will it stop, and i can say its still party time for us staker thats why its better to hold for  now to earn more in the future.
legendary
Activity: 3318
Merit: 1185
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Just hold because nothing is serious with what is going on, we can still see the price to rise again because the halving is near and it will not take long before the price will rise again, we will be surprise by the bitcoin again.
sr. member
Activity: 364
Merit: 250
I dont think it is really good to hold your bitcoins for a long time but why selling them when the price is that low
I dont know what you think but the price wil always rise some way so you should hold them and sell them when the price is rising again.
sr. member
Activity: 350
Merit: 250
Off course this is the moment to hold your coins because you are not going to sell your coins right now
when the price dropped to that low. The price of the bitcoin will always rise again so just stay there and dont do anything with them.
hero member
Activity: 924
Merit: 1000
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.
full member
Activity: 224
Merit: 100
With the current trends in the bitcoin market, I will advise that you keep holding on your coins. Recently, the price had shot up and came to settle at the current price. With the expected halving, the might be good opportunities to trade and that is when you can dispose your bitcoins.
full member
Activity: 126
Merit: 100
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
I think holding coins still a good choice because we can hit that $700 price again after halving or even more. So as of now, for me it's best to hold it and wait until the halving to sell our coins because the price will be higher than $700 but we need to be careful because anything can happen after halving so it's better to be smart on choosing when we gonna sell our coins.
legendary
Activity: 994
Merit: 1000
It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.
I think price is taking time because lots of whales have played with price during australian bitcoin auction creating panic and buying back at around 530$ price range. Now they may still acumulating more under 700$ before halving to sell again at new ATH value after upcoming halving.

But who know what those whales are thinking and what new challenge or oppurtunity bitcoin will be getting in upcoming future.
hero member
Activity: 840
Merit: 1000
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.
Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.

It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.
sr. member
Activity: 344
Merit: 250
Off course do you need to hold your coins right now you dont sell them now whe nthe price drops that would be such a stupid idea.
You need to hold them for another price increase but when you dont believe it is coming sell them what you want.
sr. member
Activity: 504
Merit: 250
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.
Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.
sr. member
Activity: 420
Merit: 250
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.
legendary
Activity: 3500
Merit: 2246
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Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

There was a nice suggestion in this thread to wait for the halving at least. I think it's unlikely that the price will drop more, but it could rise a bit. I think chances are it will be over $700 and will stabilze there.
hero member
Activity: 1134
Merit: 502
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

It depends if you're already good in the profit of your Bitcoin if you sell it. As for myself i will still keep my Bitcoin because price is not stable, yes it goes down for days but as i can see now it is going up again. So i should wait until i get the price that i want before selling my Bitcoin.
hero member
Activity: 868
Merit: 1000
When you take a position you should decide before hand how much of a loss you will take. If that is 10 percent, sell then. If you bought lower and are in profit there is no reason to panic just hold.

I think the other way, as if we bought at lower price then I think we should sell them and secure the profits as you can buy it anytime again when price falls down.
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