Will you HODL or sell if BTC crashes further down? - page 6.

Markperop

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Activity: 448

Merit: 10

Quote from: tisumagic on March 19, 2018, 12:51:28 PM

Quote from: CBESH on March 18, 2018, 12:22:21 PM

I want to find out what your trading advice will be if BTC continues to crash. Are you going to HODL or sell. I personally have lost money so far Sad

Any way what is your trading strategy?

if you've fallen and played on bitcoin as an investment asset. then prepare more mentally for the moment because of the stormy situation. because basically bitcoin is a long-term investment, so suggestions to sell when it comes down, it's a stupid act

The fact is that only big enthusiasts and those who believe well in Bitcoin will store this coin for a different perspective. And consequently, even today, they will hold their money in Bitcoin.

tisumagic

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Activity: 364

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: CBESH on March 18, 2018, 12:22:21 PM

I want to find out what your trading advice will be if BTC continues to crash. Are you going to HODL or sell. I personally have lost money so far Sad

Any way what is your trading strategy?

if you've fallen and played on bitcoin as an investment asset. then prepare more mentally for the moment because of the stormy situation. because basically bitcoin is a long-term investment, so suggestions to sell when it comes down, it's a stupid act

terrong

member

Activity: 309

Merit: 11

if you are worried then you can sell at a cheap price but even though i lost a lot of money but i will still be hodl until i get profit. be patient within 3-6 months

crazylikeafox

sr. member

Activity: 798

Merit: 251

If you bought it on a higher price, then it’s best not to sell it. You might just lose more of your money if you sell your btc when it crashes further down. Just hold on to your coin and wait for a few months, good results will come soon. As for me, I see this situation as an opportunity, so I’m planning on buying btc if it crashes down a little more.

tora

member

Activity: 532

Merit: 13

At the moment anyone who bought higher than present price is sitting on a paper loss. Only if they sell will they realise that loss. Market seemed to recover a bit today.

prabakharras

sr. member

Activity: 546

Merit: 250

i think the price needs to go higher in general to be able to withstand more negative news
and i think there is more
https://www.coingecko.com/en/price_charts/bitcoin/usd hit back $9000

burdeN

sr. member

Activity: 364

Merit: 255

I have a small amount of bitcoin and I will hold as I can afford it. Alts holdings went into fiat though, until we will be bullish again

zorgo

member

Activity: 350

Merit: 10

You have a choice to sell if you believe in deeper correction, and buy more at lower levels, but it is risky, and I prefer to hold my assets and buy more if price is attractive enough.

goyald2801

newbie

Activity: 252

Merit: 0

Quote from: CBESH on March 18, 2018, 12:22:21 PM

I want to find out what your trading advice will be if BTC continues to crash. Are you going to HODL or sell. I personally have lost money so far Sad

Any way what is your trading strategy?

if you purchased BTC over $15k range , and still holding it , then no benefit in selling in further dip ..
bcoz if you sell it then you will have 50-60% loss which is 100% confirmed on sale .
but if you hold then still chance of profit or no loss in case of pump .

sehoon

full member

Activity: 840

Merit: 101

Quote from: CBESH on March 18, 2018, 12:22:21 PM

I want to find out what your trading advice will be if BTC continues to crash. Are you going to HODL or sell. I personally have lost money so far Sad

Any way what is your trading strategy?

First of all, I don't have a trading strategy because I don't have any experiences in trading.

Now about if BTC continues to crash, the technique is you buy more and hodl and just wait for it to go up. That's it. You don't have to do panic dumps if you don't want to lose your money.

mundang

hero member

Activity: 1008

Merit: 500

Just hodl in this times of bearish market. Take a rest and do not to look the market cause you will only lose your hope in this bloodbath.

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: trumper on March 19, 2018, 07:49:01 AM

In fact this is bullshit, you sell when you make bigger loss. If you are planning to hold it, hodl at any cost even it drops to $558 Buy more if you can. If you can't do it try to sell high and buy low if you think it will crash more

Of course but the majority of people are getting worried after watching the market in a downtrend. The only problem is they are thinking to take another action to prevent their amount to get another down again. But the fact if this is crypto and all of market depends on the demand and supply. But the only bad thing some times it can be manipulate through spread the bullshit news about ico and crypto currency.

yhoga45

member

Activity: 294

Merit: 13

I will buy again if I have money (actually free money) when the price down. I believe this will moon later. Always use the free money, so when you lose them isn't make you crazy with a panic sell

trumper

full member

Activity: 406

Merit: 102

In fact this is bullshit, you sell when you make bigger loss. If you are planning to hold it, hodl at any cost even it drops to $558 Buy more if you can. If you can't do it try to sell high and buy low if you think it will crash more

JHED1221

member

Activity: 198

Merit: 10

No just hodl your bitcoin give sometime to the market to recover, When market falling just buy and buy after a months you can buy lambo

Fenderr

jr. member

Activity: 293

Merit: 4

Except you're a trader which of course you set your Stop Loss, you hodl when there's a crash. People have different strategies for in times as these. Some sell and buy the dip while simply hodl. It depends on your strategy

Jasell

member

Activity: 322

Merit: 11

If you don't need the money, better not to sell and you can opt to buy more if you are capable. But if you're a type of a person who can't sleep at night worried of your losses, you can sell it before the lowest dip but make sure you are there to monitor the price so that you can buy back.

longyenthanh

sr. member

Activity: 1221

Merit: 250

While bitcoin falling, is good time to buy. Because when price start growing, btc should achieve a dozen or so thousand dollars. It is sure so if you buy now and will hold you will get huge profit

Ewox

sr. member

Activity: 812

Merit: 253

It would actually depend if you are struggling with your present money issues, then definitely some would sell right away before bitcoin goes down further more, but if you are not in need of the amount you invested in cryptocurrencies then the best thing you can really do is to hold your coins. That’s why some mentioned in this forum that they would hold their coins for 4-5 years probably it is because they know this day would come.

EastSound

sr. member

Activity: 1377

Merit: 268

it will be a very big loss if i sell now that the price of BTC is in a dip, rather than selling, i will go on buying more. if you really dont need the money yet then holding is the best move to do.

Topic: Will you HODL or sell if BTC crashes further down? - page 6. (Read 737 times)