Bitcoin Forum

Christmas is coming so take some rest, enjoy with your family and don't panic, It will go up again eventually.

Panic from other people allows us traders to make a good profit. It's not a bad thing.

yeah panic is the main reason why the price is falling like that i dont actually pay too much attention to that because i believe that after christmas it will start going up again and before the next year we will reach something about 500 dollars per bitcoin

I don't know but I'm scared looking at the price falling today. I have asked Payza for bitcoins at the rate of $456 and now it's already $440 which means it is going to fall to $400 in the next few days. I am just praying that it doesn't fall below 400 as I'll lose so much.

escrow.ms' speculation thread? Well that was unexpected. Lets hope this is enough to cross out the FUDs that some trolls are spreading.

lol you can tell to

I think you fear too much. Sure the price is falling but it won't go that fast. Selling some of your coins is a wise choise now.
Holding 10% - 15% for a potential reverse action is always smart. It's the way the most professinonal traders trade on these markets.

You know this is exactly what I just done selling 1/4 of my bitcoin. I already have Christmas sorted but what is the point in just leaving idol coins in your wallet getting worried that they are losing value. I am happy with what I have exchanged and so will some family members thus not as much worry about price :)

Since I don't have the coins right now and will get them by December 30th, I am afraid that the price would be too low by then. I'll think twice before using the Payza - Bitcoin withdrawal option now as they are too slow in sending the coins while price of BTC fluctuates a lot.

Regarding you thread title, meh!!
If price goes down more I think I will buy a bit BTC as christmas present.Could be a great deal for the coming months.
But you're right in terms spending and enjoying time duting the christmas holidays with one's family.

then isn't better to buy more to enjoy a better "after Christmas or whatever" if the price is going to go higher anyway?

my advise would be, current value is your target? dump, is not? hold, simple

my target is 10k or waiting for btc to be adopted by major merchants, or simply have the possibility to use it to buy anything, so i'm not selling until then

I followed this exact strategy. Sold some of my coins and held a some coins. When the price goes back up i can still sell some of them.

If the price goes down I will buy back much lower again.

I have hedged my LTB&H long position with shorts initiated in the $455 range.  My long position and my hedge are both profitable here.

im not taking the price drop too serious and i believe that no one should also i will surely not sell any of my bitcoins because i believe that bitcoin price will surely grow if not now after a few weeks or months for sure lets hope i am right about it

So, he/she dictates what needs to be done here?

Sure I have panic on price fall because previous years We saw the same condition in price chart. If that happens again What we can do. I know many business adoption, mining also gonna be reduce for the upcoming and demand rate will be there. Still panic dude.

You are exactly right on this one. I am going to hold for now and enjoy the time I can spend with my family.
Eventually bitcoin will go up again, it might not rise in value much this year anymore, but I'm hopeful for next year.

I will just prefer to use my fiat money to spend it with my family outside and not online. They are not many stores that accept bitcoin.
I just want to hold my bitcoins for now, I wam just kinda waiting for 800 dollars if that is going to happen.

Great. That's what I'm thinking too.

No need to panic.

I was quite panicked and has sold some. and some still I hold, because quite sure on Christmas Day there will be a surge in the price

Dont worry. Bitcoin is now in strong hands...

Bitcoin getting more resistant to whale manipulators. (https://www.reddit.com/r/Bitcoin/comments/3xla41/bitcoin_getting_more_resistant_to_whale/)

...The weak hands have been washed out in last one and a half year. ;)

I invest in Bitcoin with money that I don't need in the comming years. That's why I don't have to sell in order to buy stuff for Christmas. The price has normal ups & downs. No need to worry.

How much of a percentage would you recommend selling and how much for holding?

My way of securing future would suggest to hold as much as you can, otherwise hold 90% we can sell the rest. Only on every peak price levels we can sell some 1 to 5 % of present holding. Peak prices must be in range of 1000's. Your next and future generations also will be benefited on my idea.

That's a great idea. I won't be selling though, not until bitcoin reaches a new ATH.
If and when that happens I will sell some, for now I'm just going to hold and earn more if I can.

i am a happy holder. taking profits at these prices are good if you make $100 profit per coin, but you'll make an even bigger profit when you sell it closer to the block halving.

I was never really panicking about the bitcoin price. I have been waiting a long time to sell my bitcoin and I really want to see the price reach $1000.

Looks like the game is 'Sell all, hold nothing.'  Things are burning down rather quickly these past few days.

That is, provided the halving sends the price up the sky. Honestly, I'm beginning to think that we are somehow already nearing the halving price already.

It is interesting how almost every is following this rule: "Sell some and hold rest". It seems like we are seeing end of current bubble, bitcoin will be probably back to $250-$300 in January.
Sell as much as you can. History is again repeating itself. (In 2014 price charts were exactly the same around this time of a year)

I wouldn't panic and sell, I'm in it for the long term so even if bitcoin does decide to go lower than $400, I'm not too worried about it.
It will rise up again in value one way or another.

Good that still you have some Bitcoin and yes it's everybody's speculation and practically understandable that there will be surge in Bitcoin price between Christmas and new year but today price was dipped slightly but again it's gonna rise..

don't know what you're talkign about, but the price is perfectly stable around 400, the 470 was just the peak, no one said that it should remain stuck there to consider 400 as a rock solid

still no sign of sub 400, i'm fine with it

hmmm well its a good idea to sell a portion of bitcoins that you have though in my opinion its better to keep it all safe in your wallet and not spend it anywhere just in case the price starts rocketing up

Not a good idea to sell your coins currently as the peak is not yet decided and you don't really know, I would advice you to wait till January comes, watch the charts and then decide whether to hodl or sell...

Appreciate the good intention.

But you do realize you are posting in SPECULATION right?? We cant be happy to rest; we always have to know if it's going either UP or DOWN. Yes it may be Christmas but who cares about Christmas when the bitcoin price is moving!!!!!

In short we are mad gamblers who have to speculate on the price and can never be happy to rest. So please now let's close this thread so we can return to being either bull or bear.  :D

I think that in January there will be the correction and the exchange rate may fall by a third so you need to act prudently and carefully.

pff selling is a dumb thing to do right now in my opinion the price looks like it it stable right now and people shouldnt be worried about it before the holidays after everything the price will start increasing again in my opinion and i will make a lot of money with the bitcoins i do have now

Seems to be all traders are spending holidays with their family as transaction volume is quite low from few days. haha  :D

The best thing to do sell some and hold the rest. Well or I can just purchase something with bitcoin as gift.
My family would love to have some bitcoin :P I will just give them faucets to play some gambling sites.

Yeah I am just going to hold for now sir. I don't have that many bitcoin.
I would like to sell when I have more than 10 BTC.

Selling some and holdiing the rest...
Interesting. I sold a lot and hold some.

When there is profit, you should take it. Especially in a market as volatile as bitcoin.

I agree with you, I always try to take as much profit as possible.
It's better to whine if the prices goes back again. Taking profit (not with all your coins) is a secure way or getting towards your goal.

That's very good prediction. I think the price is stabilising around this level as well.

Looking forward to Christmas as well ;)