Will you stay in crypto if BTC does not recover? - page 14.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: mike4001 on April 05, 2018, 02:36:45 AM

Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

Surely during those times there will be fluctuations so I should just take the opportunity to trade so I would increase my holdings even if the price is the same in fiat value. There is a possibility that in 2019 price might still be in 6k-7k and since the price is somewhat stable then there would many merchants that would consider the adoption of bitcoin as payment option so price may have been stagnant in that level but due to the increase in adoption, it would eventually rise. I would just find another coin if there is an opportunity to earn in another coin that would take the crown of bitcoin.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: laredo7mm on May 13, 2018, 04:55:25 PM

Bitcoin looked 'dead' (price-wise) for long periods of time in the past, but it always bounced back up later. I will hold as long as they don't ban crypto trading worldwide.

Correct but many people do not even take the time to look at about history of bitcoin, people are concentrating in just trading their coins and are only looking at the previous hours or at most days of the price of bitcoin, but when the whole history and take time to look at each period in the life of bitcoin and research why it went down at that time you understand very clearly that bitcoin always recovers no matter what.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

I wonder what you some of you have been doing in early 2015 when the price of bitcoin dropped like a rock to around ~$200 level.
Guys - please look at the bigger picture here, the price of BTC is far higher than most of the 'experts' predicted last year.
In February last year Bobby Lee (CEO of OKCoin) said that bitcoin might reach $5k-$11k price tag after having in 2020!
And we reached 20k in December 2018 - the price of BTC is still far, far higher than our expectations were a year ago.

Remember that.

BUK2016

full member

Activity: 770

Merit: 126

Well, I will keep hold my bitcoin particularly if I bought higher than $12,000 but if the market value of bitcoin remain less than the above amount selling will be at lost and it will not be rational of me as an investor.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: Rajamuda on May 14, 2018, 03:05:35 AM

It returns to our respective beliefs in responding to crypto as well as various things within it including responding to the price movement that will occur. But I think.. however, bitcoin still has a high chance of pumping/climbing because this will become increasingly recognized by more people/parties from different countries because of its benefits and its existence.
Moreover, from so many people not only make investments, including me personally, it seems will still try to be in the world crypto to find some earn profit.

Bitcoin is a currency which is recoverable and has recovered million times and this is the proof and witness of its survival. There is no one who can proof that Bitcoin can not recover as this would be a failed attempt if someone does so. I will stay here for long term, long term means if the market is down and the coin is slowly increasing with the increase in demand but that will take time so this makes a long term which results in huge profit.

begau

sr. member

Activity: 795

Merit: 251

Bitcoin has recovery or not recovery, i will always stay in crypto. It helped me a lot to make money in the present life, i earn more than lose. Moreover, I believe the market will never sink too deep.

Hannahanto

full member

Activity: 826

Merit: 111

Who said it will not recover there is ups and downs always occur in all fields. Likewise in crypto world now its the rime for fluctuations. The price will goes pump and dump, but not goes fully in dump. If the price decrease means there is a chance to mass growth in future. I had a hope in bitcoin that it will recover soon, if not also i would stay in bitcoin only. Because all are know in future in cryptocurrencies only occupy the money market.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: laredo7mm on May 13, 2018, 04:55:25 PM

Bitcoin looked 'dead' (price-wise) for long periods of time in the past, but it always bounced back up later. I will hold as long as they don't ban crypto trading worldwide.

It was never dead even in the past, it was just consolidating and those periods were even interesting for accumulation for the long run and as well interesting for transactional purposes. Nevertheless, based on what the OP asked, why on earth should I not use crypto even if it does not fluctuate or recover as he has put it ?

We still keep using it for some of us as the currency that it is and per adventure, there is just no way, we would end up experiencing some level of growth over time anyway. Because bitcoin was designed that way. Limited supply and scheduled halving are few things confirming that bitcoin must have huge vale to attract more people in short period.

mongkie

full member

Activity: 630

Merit: 102

Quote from: mike4001 on April 05, 2018, 02:36:45 AM

Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

i dont believe that bitcoin will drop as low as that. id it doesnt give me a decent profit well that is the time that i would no longer patronize bitcoin but as of now, btc is the king and all the transaction here in my country will pass on bitcoin to fiat. so hail btc!

acheampong64

full member

Activity: 588

Merit: 100

Oh yeah why not. I think the answer to your question is already answered. I'm saying this because those who'll leave crypto have left for good (when everything was thought to be over in the beginning of this year). We don't see them around anymore. But even with the most difficult market situations I'm still here, them I can say that I'm not leaving crypto.

icoworld

member

Activity: 300

Merit: 10

Yes, I do not plan to leave only because bitcoin does not recover, and there are other options as to how to earn

darewaller

hero member

Activity: 2968

Merit: 640

Quote from: Rage on May 13, 2018, 04:57:48 PM

Why not? Crypto leads to decentralization, and we all are looking for that in here, isn't it? That is why i think that we all need to remain in here, even if things go harder than what they have been during the last few months.

Apparently, some people are not really looking for that as the only thing they have fixed their mind to, is just how they can make quick money in a short period of time without having to work so hard for it. One thing I understand here is that a lot of people do not even understand the long term benefit and what makes crypto interesting in the main real sense.

Recovery is one thing that is certain anyway, but how long, is what anyone does not know and those who look forward to investing for the long term will always benefit from buying the dips.

lifengpu

sr. member

Activity: 504

Merit: 250

yes I will stay, because bitcoin sucks a part of all my income in the crypto world and so I'm not going to throw everything

Rajamuda

sr. member

Activity: 924

Merit: 255

It returns to our respective beliefs in responding to crypto as well as various things within it including responding to the price movement that will occur. But I think.. however, bitcoin still has a high chance of pumping/climbing because this will become increasingly recognized by more people/parties from different countries because of its benefits and its existence.
Moreover, from so many people not only make investments, including me personally, it seems will still try to be in the world crypto to find some earn profit.

RAMSHIVDEEPAK

member

Activity: 224

Merit: 18

yes,I will stay in the the crypto world.The future prediction is very good for cryptoworld. I have invested last year in June 2017,I am still in the profit.Bitcoin price is still double from the price of last year ()june 2017),So my investment is double.There is no other investment,which can make ur investment double in one year.

richan

member

Activity: 392

Merit: 11

A good trader is the one that know when and where to exist, by forecast is bitcoins will reach 20,000 usd by december 2018 ,yet if by october it is still trading below 10,000. then I need to find a lucrative coins and convert my bitcoins to.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: mike4001 on April 05, 2018, 02:36:45 AM

Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

There is no change and I am still believing bitcoin even if price will fall into $5k. It is not only the price that it really matter, but we also consider its capabilities to have a good profit gaining market. It is good also to have such price cause it surely that a lot of people will invest with bitcoin cause it is not so expensive and those individuals that have limited capital can make some investment also.

Rage

member

Activity: 124

Merit: 10

Why not? Crypto leads to decentralization, and we all are looking for that in here, isn't it? That is why i think that we all need to remain in here, even if things go harder than what they have been during the last few months.

laredo7mm

hero member

Activity: 1498

Merit: 537

Bitcoin looked 'dead' (price-wise) for long periods of time in the past, but it always bounced back up later. I will hold as long as they don't ban crypto trading worldwide.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: djsugar on May 02, 2018, 03:10:27 PM

People are judging crypto market on the basis on past 10 years. Bitcoin is indeed a dominant currency at this point of time. But that doesn't not mean that if Bitcoin doesn't exist, crypto market will die. First of all Bitcoin is going no where in coming years. Bitcoin might lack the utility factor. But it has developed the investor's trust and is the medium of exchange to buy and sell altcoins. Thus, if we see short term, Bitcoin will definitely recover.

I will stay for the longest term plan because we know that the Bitcoin market has both the properties in order to return back and to go back. When the Bitcoin price is in the decrease trend then the demand for it increases and the value recovers again which is good news for us. So I will stay in the market regardless of whatever situations create but the market will go better at the end.

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