What we can do now other than saying HODL? - page 5.

Carlsen

hero member

Activity: 910

Merit: 501

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

To be honest, if somebody really feels that he must cut his losses, the best way to do that is to sell the coins. Not owning coins means a further decrease in price will not affect that person.
Of course not owning coins means as well that profiting from a rise in bitcoin price will be impossible as well.
The main question is my eyes is, does somebody believe in bitcoin? If you you think that you must minimize your losses, then the answer most likely is no.

kaisa

full member

Activity: 560

Merit: 145

All topics in this forum discuss the decline in the cryptocurrency market. If you are an experienced trader, it will be easy to execute when the market is bearish. Market sentiment will cause fear to new traders, making it easy to take profits between 1-5%. This chaos will recover soon, we have seen its history like the previous years.

cryptorima

jr. member

Activity: 278

Merit: 1

Whole crypto market is dumping because of Bitcoin price decrease. But at the moment we can learn so many things. We can make good strategy for trading and we can learn from our previous mistakes.

percy_tc

full member

Activity: 584

Merit: 106

Act like an adult. Realize your loss, shit happens. If you are in a hard situation, sell your assets and pay your debts otherwise use your crypto or hodl.

veleten

legendary

Activity: 2016

Merit: 1107

you can not let panic spread around!
this is the most important thing to do , panic sell will create even more pressure on the market and drive the price lower
you HODL and remember the time when bitcoin was 700-1000$
and for quite a long period of time as well!
this correction is expected and I'm surprised we had such a long lul period, 17.000$ price was a gift that some interpreted as a signal to buy
well, sometimes we do not get what we want and we get experience when we do not get what we want

I am sure that we will see another dip in price, but long term bitcoin will surprise everyone and is here to stay

Sawadekub

full member

Activity: 350

Merit: 102

Quote from: burky156 on November 23, 2018, 06:38:45 AM

Yes, this situation has arrived to this point: Stay or leave! I still read that so many people is selling their bitcoin and altcoins in last 4 days and the Market Cap drops from $200 billion to $139,995,544,833.. This is very dangerous and might end up with disaster.. We need to choose now, hodl or leave.. But unfortunately i feel that in both choice we would loose..

ahaha... You're right. With all of us so often, what choice we will make, we will still lose Grin

Speaking seriously, this situation is not very funny. There are large investors, or as we call them whales, who play well on human psychology. People are all alike, most of us do the same thing in the same situations, so we are just a crowd. And the crowd is easy to manage, because if the part of the crowd is forced to buy cryptocurrency with psychological pressure, the rest will also start to buy, despite common sense. And vice versa.
Now market participants have been subjected to psychological pressure, and in this situation, many are selling. Even early Bitcoin investors are starting to think about selling.
I don’t know how you assess this situation, but I see in it a strong planned manipulation and I will not be part of the crowd. Even if I remain an investor for several years, I don’t want to participate in this circus, organized by whales.

RokokGudangGaram

full member

Activity: 966

Merit: 102

Quote from: alonelyorange on November 22, 2018, 10:45:44 PM

Closed your phone and everything have connection with bitcoin and altcoin, you keep focus your self at other business and you can try for joining real business until bitcoin could back at higher price again.

I really agree because with that we can get a substitute for income from the crypto world so we can get more income until we wait until Bitcoin experiences a good price increase

Findingnemo

hero member

Activity: 2366

Merit: 793

Bitcoin = Financial freedom

Quote from: eann014 on November 23, 2018, 04:45:56 AM

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

If you think that there will no improvement for the next month or next year then try to sell it now, or regret the day when bitcoin price will recover again. It is up to you if you don't want to lose much more than you expect to lose.

Making decision with assumption is not a good idea and also I never want ti save myself from losses,I just asked what we can do as community.I am willing to take the risk of loing my money also because I believe that the prices will recover one day in the future.

bakkang

full member

Activity: 364

Merit: 100

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

I think other than holding we should always aware with what is happened in the market so that we can avoid losses. Since falling of bitcoin is continuosly and we can't avoid that we should always make a way to earn bitcoin while waiting just like earning altcoins through joining signature campaign amd social media campaign.

keanne_isaac

full member

Activity: 392

Merit: 103

www.daxico.com

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

Aside from HODLing the best thing to do for me is to buy more when it continue to fall if you still have extra money. This is not the right time to sell your holdings since we are losing badly. I just keep monitoring the market and if itgetting toolow I will add to lower my average buy

tungaqhd

hero member

Activity: 1540

Merit: 508

I think it is the best decision now, we shouldn't do anything else. But if you cannot, you should sell all your coin and buy other coins.

burky156

full member

Activity: 658

Merit: 112

Yes, this situation has arrived to this point: Stay or leave! I still read that so many people is selling their bitcoin and altcoins in last 4 days and the Market Cap drops from $200 billion to $139,995,544,833.. This is very dangerous and might end up with disaster.. We need to choose now, hodl or leave.. But unfortunately i feel that in both choice we would loose..

ufalo3

full member

Activity: 462

Merit: 100

A real professional will never sell his cryptocurrencies now. Even if he sees that the tokens that he has are going to fall further, he will do everything to hold them. He will be waiting for the rise.

jack1111

hero member

Activity: 924

Merit: 500

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

You can sell now and buyback at lower price, but as we are approaching the bottom, it might bounce hard, so there is a possibility you miss the chance of buying. For me, I am holding Bitcoin and playing with small amount on some altcoins with tight stoploss.

Dhaniii

full member

Activity: 728

Merit: 100

https://i.imgur.com/hgxNNiA.png

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

only advice and this in my opinion, if it's not too late, maybe you can sell your assets before going down again. better sell before going down again than holding too long. You can start buyback again when the price will recover, because according to my observation, the price of bitcoin will probably go down again, maybe it can reach $ 1000, so before it's too late it's better to sell now.

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

Quote from: eann014 on November 23, 2018, 04:45:56 AM

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

If you think that there will no improvement for the next month or next year then try to sell it now, or regret the day when bitcoin price will recover again. It is up to you if you don't want to lose much more than you expect to lose.

This is only a persuasion from people but the facts matter, there is nothing 100% sure, this is the reality to consider and not a persuasion.
Me too I am pretty sure the price will recover within a few months but since I can't be sure 100% I also consider the worst scenario. Not everyone can afford the same risk.

eann014

hero member

Activity: 1078

Merit: 501

Quote from: Findingnemo on November 20, 2018, 09:37:43 AM

Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?

If you think that there will no improvement for the next month or next year then try to sell it now, or regret the day when bitcoin price will recover again. It is up to you if you don't want to lose much more than you expect to lose.

Caesar-Giulius

sr. member

Activity: 728

Merit: 250

Buy, sell and store real cryptocurrencies

Other than saying HODL, I take advantage of the current low price and BUY. This is just my personal strategy.
To minimize your losses, the only way is to sell if you don’t want to hold on anymore. But you might be left with regrets when the crypto market goes on a bull run.

Commitments

member

Activity: 532

Merit: 10

If you can't hold and keep your asset because drop price, you can sell your altcoin or bitcoin but you have forget when bitcoin could back and raised up again to higher price, everything could be happen with bitcoin and will strong with higher price.

phelbaby

member

Activity: 434

Merit: 10

If you are in a panic state you can sell of your investment to fiat currency but the option is to still hold,this is the end of Bitcoin. Very market have ups and downs for this we all need to be patient.

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