Bitcoin Forum

I'm confused do i have to sell or keep my bitcoins any help?

KEEP!

The price will go back to $450 soon (it's already at $390).

There is not really a proper answer for this question right now.

Looking at the market, there was a flood of cheaper Bitcoin about 10 minutes ago, knocking down the average value around $5, to $383. This more or less resets the day's progress and thus the increase did not mean much, unless it can hit a similar value by the end of today. This is less than likely to happen, but it is possible.

For now I would argue that it is beneficial to hold onto your Bitcoin right now, and watch the market. If it gets too low for your preference, make your choice to sell or keep holding.

It's your choice, I'm not sure what the best advice is right now.

It all depends on what your long term plan for your bitcoin is. Do you want to keep them for years. Spend them as any other currency. Also did you buy them at a higher price? If anything price is lower than I has been for a while I could be worth adding to your bitcoin as others dump in fear of it going into freefall.

Thank you all anyways i hope the price goes up ... :-\

If you're in Bitcoin for the long term and have invested what you can afford to lose, what I'll suggest is adopting a good wallet (if already haven't one) and locking up your BTC ;)

There never is. Everyone has their own agenda here and taking advice can often land you in trouble. Make up your own mind and don't buy or sell just because someone here tells you to. Your guess is as good as anyone else's no matter how old their account is or how much they know.

I am the trusted 3rd party of Bitcoin

Bitcoin going down 100% = Bitcoin going to 0

Of course won't happen, even if does, won't be in a sudden drop.

I would wait some more time before doing the next move

Bitcoin won't lost all it worth , it never would end up on that scenario. If your just after selling it to make some profits, I would say, keep it a little longer as the value is getting stable some where between $370 - 380 at the moment and it goes in an upward scale, little by little then when it's beyond $430 an up then that's when you should sell.

i believe that the value will go up almost another 100%, around 700 is a good estimate for the end of the year, this because the diff will keep incraese until july and miners will have the same position as before(when we were at 230)

so they need to have the same margin as now to have their cut, this will force another pump, you will see

What are you talking about? Of course hodl your Bitcoin. The price has already started going back up. If you sell you will be losing out on extra profit.

I think this is a flawed logic, when the day comes that bitcoin is rendered absolete, the price fall will be very sudden, I think within 24 hours, as everyone tries to sell off their bitcoin, again this is my view :)

Dont worry. Keep calm and use stop loss. And buy on panic ;D

don't listen to all the fud spreading trolls in the media. just hold your coins and you'll be fine. bitcoin price will recover to its previous levels above $400 and then advance even further due to the block halving demand.

Do not sell. Just keep your bitcoins. Within this moth end we are going to see, $500 price levels. World stock markets are trading in red. Bitcoin prices will go fly..

Things are pretty much never 100% especially in a free market. The question is where do you think it is going to go? Do you still have the same faith you had before this recent dip? If so then there should be no reason to sell unless you have invested more than you can afford to lose, however i am not saying yay or nay i will leave that for you to decide. I sell some whenever we get massive gains like recently. Never when we are taking a dive that is buying time if you believe in it.

If you believe in Bitcoin as the future of currency as some of us here do, then HOLD no matter what. Even consider running a full node if you have the resources. If you are a trader (which I don't think you are) then do as per your analysis (I personally think that now is a good time to buy). If you're gambling with your life's savings, don't. Either way we all have our own stories and reasons behind our BTC's.

i think now is the time to hold because the sell time is past if you wanted to profit from the fall. now you should sit back and watch.


well something like bitcoin is not going to become obsolete in one day it is going to take a long time if it were to happen.

Exactly. Some will still have faith and will start buying once the price gets too low in hopes that it makes a comeback. The decay will take a while as more people realize there is no hope. In the end I hope to buy all the bitcoin for $10. I'll be the last man standing. (joking of course)

Although I don't believe bitcoin will ever die.

buy now,hold it ,keep it on a secret wallet.
then wait for 6 months ,it will triple your profit at that time,
by now you should be buying a lot of bitcoin 'why?
because 2016 is the year of bitcoin

sell it now, if you scared to hold your coins and not want to party after the price will touch $500 soon ;)

If you are confused and think to be clarified doing a post here and reading all the post that will make by the others (which be "hold" or "sell" and nothing else because have nothing to tell) are wrong. The problem is you and the solution may came only by you. I can tell hold and never sell. If possible (if have free money) even buy. That's I do. Not only this but buy even to invest the bought bitcoin in other crypto. With the aim to have more (bitcoin) in the future. I can add even other my experiences about such situations but what importance can have for you all those. You will remain again confuse because don't believe in bitcoin. Without this trust you will find yourself in this dilemma in every pump and dump of its price. Thing this that is the most common behavior of bitcoin. So, as a conclusion, try to find within yourself the faith in bitcoin (read about it, about the technology in which is based and the power of both). If will find something like that will begin your clarification. If not, sell all your bitcoins and find another hobby.

Hold for now, if you can buy, you should go for that option as well

No need to sell right now unless you really need to.

of course not, prices have started to rise again after the decline drastically, maybe it's because caused by one thing, but if you have a bitcoin still save until the price returns to normal, believe you have nothing to lose

The price goes all the time up and down. After short period the price was falling it always rises again. Just wait a period and all will be fine.

Keep for sure, price is to low to sell your bitcoins now. Instead of selling try to make more. I see a lot pessimistic comments this days but I think btc will survive this like many times before.
And this oscillations in price are normal for btc as I noticed, can we expect stability and when?

Yes, there will be a small fall always before a big leap. Bitcoin prices are trading around $380. Soon, we will see prices going to test $400, $450 and $500 price levels.

it is impossible, bitcoin never be the best currency in the internet, I guess not as easy as that it will depreciate 100%, I think the decline in prices yesterday only caused because of panic, take a look now, the price of bitcoin have started to rise, it is better to save bitcoin we have from to sell it now

@OP,
Do you know that from where the price of Bitcoins started to rise???
Not even a cent was its cost when it was introduced, and it rose to $1000, which was a 10,000,000% increase in its value, and so if it gets down even a cent, it already gets 100% broken...

No more kidding... :P
Do you think it will ever get to 0??? ;)

Just send me your bitcoins, Ill take care of them for you

It depends on how you look about in bitcoin if you're looking to it as a get rich quick scheme then its not for you better sell it off.

do not invest in bitcoin what you can not lose

FTFY - Do not invest what you cannot lose.

yes, you're very right because of regret will surely come last, but without risking anything, you'll never get anything great, so be prepared to do something to lose

Agreed, without risk there is no reward. Of course it is best to be smart about it ;)

keep it although the price back to $400 below today but the price will be rise up in the near future and i think bitcoin price will be reach to $400 above in this weekend

better sell it if you already get profit from the current price. but for me, I remain convinced to hold and wait for the price back to $450

Nice plan friend I am also reserved some fix amount of bitcoins for safety purpose and also doing trading when price varies. Yes by preserving bitcoins for long period you will get good profit because in future its prices surely rise and then having lot of bitcoins in wallet is just amazing.

I'm buying some right now. Bitcoin halving will probably push price way higher what ever happens before.

So, trust me or not, I say "buy buy buy" :-D But don't risk more than you can afford to lose.

Only you yourself can answer to this question. If you feel fear then sell immediately. This "game" is not for you. You are not able to hold its "weight". Sell all your bitcoin and forget it. Even don't follow. Because if one day the price of bitcoin will arrive amounts unimaginable for you in this moment your for sure will hurt yourself for that what would do now. But even if go down yet will feel a little sorrow about it if have been really a follower of it and not simply a speculator who have bought some of those with the aim to earn from its volatility. Bitcoin is not simply a currency. It is much more. Try to understand this and the why of this. If you will have such knowledge will not never do such kind of question because will be yourself to give you the right answer what to do in every moment.