Topic: Now that prices are dropping, should I still hold my coins? - page 2. (Read 1422 times)
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.
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.
that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.
If they just used their bitcoin to invest into some possible profit generating stuff. They would have doubled or tripled their holdings, and thisprice crash wont affect them too much. As I stated on the other thread, if you triple your holdings doing some trading or investment, even if BTC price drops to 50%, you still have profit.
Been following BTC for quite a while now, this should not be an issue, dont loose faith, take the long view, and trust in the coin that removes us from centralization!
I bought a little at £275GBP a few months ago, really I should sell now, but I want the coins when there worth alot more thanks.
21 million coins divided by?..... whats the population of the planet now! - quote by me.
I bought a little at £275GBP a few months ago, really I should sell now, but I want the coins when there worth alot more thanks.
21 million coins divided by?..... whats the population of the planet now! - quote by me.
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.
that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.
The panic selling is the worst thing to do. Price is currently a bit down but I don't think it will last, soon it will go up again. So, just have a little bit patience. I Know it's hard to predict how the market will react but I don't think that it's time for selling. Not yet.
this is bad currently the prices down and down again and last time i saw bitcoin down to $641 at Bitfinex and i don't know what i have to says because if we all sell our bitcoins i'm pretty sure we will see panic selling and i think the prices will more down again than the current prices
The price is 663.0 as of today and i think the price is drop what the price in last weeks ago.. and i think the price is unpredictable and we don't know what will happen soon. If i have a chance to choose i will stay holding because block halving is more weeks to go..
I don't want to give you any recommendations or advices, cause you need to think by only your brain, cause if you loose the Chance that you expect you with fault me or someone else in that your expectations failed.
But I'm gonna keep my bitcoin for now. I expect it will grow to 1000$ per 1btc soon.
But I'm gonna keep my bitcoin for now. I expect it will grow to 1000$ per 1btc soon.
People in panic because of a 10% drop in price ? How cute ... 
Unless you are trading frequently, don't look at the price. It will only give you headache. Price will probably rise again to that level in a few days.
Unless you are trading frequently, don't look at the price. It will only give you headache. Price will probably rise again to that level in a few days.
you don't sell when it falls, you buy more, now i think it's the stagnation time, price will remain there floating on a certain range, until the next big wave
stop believing that bitcoin is return to 4xx or other range value, it will not happen
stop believing that bitcoin is return to 4xx or other range value, it will not happen
This is just the effect of bitfinex and some sold his bitcoin $19 million sold.. but this is still not the best price to sell bitcoin because block halving is too far and i think the price will increase again back . just believe that bitcoin will be still increase to 700 value..
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?
Should we still hold or should we let the coins go?
If you want play safe, i think it's better to let the coins go, but not all in, just around half of your bitcoins and hold the rest and let's see the bitcoin's in the next 3-5 hours.
Yes you should be patient in waiting for this is the time that you should focusing yourself not to worry but to continue hold the coins. This is normal that when the coins value drops it is not the time to panic and sell them at the same lowest price. Just remember that when the amount or value of bitcoin drops it means that there is an upcoming price increase in a short period of time you just need to be more patient and learn how bitcoin work for buy and sell. Just continue to monitor the movement of the market.
For now i dont know what to ,theres somebody inside me that i should sell all my bitcoins now but my faith in bitcoin keeps me stronger.
Thats why im holding my coins and wait for the right time
Thats why im holding my coins and wait for the right 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?
Should we still hold or should we let the coins go?
I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.
Yes not the perfect time to sell, you cannot expect to earn higher profits if you sell at this stage, I will sell some of my coins if it touches to $800 in next few days.
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?
Should we still hold or should we let the coins go?
I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.
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?
Should we still hold or should we let the coins go?
Do not sell the coins just hold and buy if you can, even if the price had dropped it is increasing right now and even if it will decrease everyone who could buy should profit from this opportunity maybe we will never see it after the halving
OMG this is bitcoin--we've had this kind of volatility before. Why do people want to start selling when the price is falling? If you believe in it then just sit tight. Lower prices should mean a better time to buy.
Yeah price is around $660 now so I think this is the good price to buy, as we may hit $1k at halving so you can surely make good profits in short term.
OMG this is bitcoin--we've had this kind of volatility before. Why do people want to start selling when the price is falling? If you believe in it then just sit tight. Lower prices should mean a better time to buy.
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