Bitcoin Forum

Economy => Economics => Topic started by: pandalion98 on June 21, 2016, 03:33:12 PM



Title: Now that prices are dropping, should I still hold my coins?
Post by: pandalion98 on June 21, 2016, 03:33:12 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: stromma44 on June 21, 2016, 03:47:00 PM
I think we should wait for the halving, as it is predicted that price will start rising again from next week, and everyone is confident that price will be higher at halving.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: richardsNY on June 21, 2016, 03:50:06 PM
It also depends on what price you bought your coins at but I would just continue with holding. I still believe the price will climb up to $800 prices before the halving takes place.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: BitcoinNewsMagazine on June 21, 2016, 03:52:57 PM
If you have to ask you probably should not be in bitcoin.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: The Sceptical Chymist on June 21, 2016, 04:14:51 PM
OMG this is bitcoin--we've had this kind of volatility before.   Why do people want to start selling when the price is falling?   If you believe in it then just sit tight.  Lower prices should mean a better time to buy.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: eddyubachs on June 21, 2016, 04:17:51 PM
OMG this is bitcoin--we've had this kind of volatility before.   Why do people want to start selling when the price is falling?   If you believe in it then just sit tight.  Lower prices should mean a better time to buy.

Yeah price is around $660 now so I think this is the good price to buy, as we may hit $1k at halving so you can surely make good profits in short term.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: snipie on June 21, 2016, 04:18:48 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

Do not sell the coins just hold and buy if you can, even if the price had dropped it is increasing right now and even if it will decrease everyone who could buy should profit from this opportunity maybe we will never see it after the halving


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: traderbit on June 21, 2016, 04:40:01 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: dezoel on June 21, 2016, 04:42:14 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.

Yes not the perfect time to sell, you cannot expect to earn higher profits if you sell at this stage, I will sell some of my coins if it touches to $800 in next few days.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: yhansky on June 21, 2016, 04:43:41 PM
For now i dont know what to ,theres somebody inside me that i should sell all my bitcoins now but my faith in bitcoin keeps me stronger.
Thats why im holding my coins and wait for the right time


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: sallymeeh27 on June 21, 2016, 04:56:24 PM
Yes you should be patient in waiting for this is the time that you should focusing yourself not to worry but to continue hold the coins. This is normal that when the coins value drops it is not the time to panic and sell them at the same lowest price. Just remember that when the amount or value of bitcoin drops it means that there is an upcoming price increase in a short period of time you just need to be more patient and learn how bitcoin work for buy and sell. Just continue to monitor the movement of the market.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: adibe on June 21, 2016, 05:31:28 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

If you want play safe, i think it's better to let the coins go, but not all in, just around half of your bitcoins and hold the rest and let's see the bitcoin's in the next 3-5 hours.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: crairezx20 on June 21, 2016, 05:49:45 PM
This is just the effect of bitfinex and some sold his bitcoin $19 million sold.. but this is still not the best price to sell bitcoin because block halving is too far and i think the price will increase again back . just believe that bitcoin will be still increase to 700 value..


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Amph on June 21, 2016, 05:57:25 PM
you don't sell when it falls, you buy more, now i think it's the stagnation time, price will remain there floating on a certain range, until the next big wave

stop believing that bitcoin is return to 4xx or other range value, it will not happen


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Barnabe on June 21, 2016, 05:58:05 PM
People in panic because of a 10% drop in price ? How cute ... ;D
Unless you are trading frequently, don't look at the price. It will only give you headache. Price will probably rise again to that level in a few days.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Taki on June 21, 2016, 06:02:36 PM
I don't want to give you any recommendations or advices, cause you need to think by only your brain, cause if you loose the  Chance that you expect you with fault me or someone else in that your expectations failed.
But I'm gonna keep my bitcoin for now. I expect it will grow to 1000$ per 1btc soon.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: socks435 on June 21, 2016, 06:10:35 PM
The price is 663.0 as of today and i think the price is drop what the price in last weeks ago.. and i think the price is unpredictable and we don't know what will happen soon. If i have a chance to choose i will stay holding because block halving is more weeks to go..


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: hasiramasenju on June 21, 2016, 06:30:02 PM
this is bad currently the prices down and down again and last time i saw bitcoin down to $641 at Bitfinex and i don't know what i have to says because if we all sell our bitcoins i'm pretty sure we will see panic selling and i think the prices will more down again than the current prices


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: bitbunnny on June 21, 2016, 06:34:55 PM
The panic selling is the worst thing to do. Price is currently a bit down but I don't think it will last, soon it will go up again. So, just have a little bit patience. I Know it's hard to predict how the market will react but I don't think that it's time for selling. Not yet.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Lethn on June 21, 2016, 06:37:05 PM
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: randy8777 on June 21, 2016, 06:44:25 PM
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.

that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: HardyGoodsLtd on June 21, 2016, 06:57:37 PM
Been following BTC for quite a while now, this should not be an issue, dont loose faith, take the long view, and trust in the coin that removes us from centralization!

I bought a little at £275GBP a few months ago, really I should sell now, but I want the coins when there worth alot more thanks.

21 million coins divided by?..... whats the population of the planet now! - quote by me.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: serjent05 on June 21, 2016, 07:37:48 PM
If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.

that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.

If they just used their bitcoin to invest into some possible profit generating stuff.  They would have doubled or tripled their holdings, and thisprice crash wont affect them too much.  As I stated on the other thread, if you triple your holdings doing some trading or investment, even if BTC price drops to 50%, you still have profit. 


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: BitcoinNewsMagazine on June 21, 2016, 08:06:58 PM
When you take a position you should decide before hand how much of a loss you will take. If that is 10 percent, sell then. If you bought lower and are in profit there is no reason to panic just hold.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: chaosknight on June 21, 2016, 08:39:08 PM
When you take a position you should decide before hand how much of a loss you will take. If that is 10 percent, sell then. If you bought lower and are in profit there is no reason to panic just hold.

I think the other way, as if we bought at lower price then I think we should sell them and secure the profits as you can buy it anytime again when price falls down.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: BossMacko on June 24, 2016, 09:43:57 AM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

It depends if you're already good in the profit of your Bitcoin if you sell it. As for myself i will still keep my Bitcoin because price is not stable, yes it goes down for days but as i can see now it is going up again. So i should wait until i get the price that i want before selling my Bitcoin.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Betwrong on June 24, 2016, 09:46:18 AM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

There was a nice suggestion in this thread to wait for the halving at least. I think it's unlikely that the price will drop more, but it could rise a bit. I think chances are it will be over $700 and will stabilze there.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: praprata on June 27, 2016, 02:23:17 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: pandalion98 on June 27, 2016, 02:25:52 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.
Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Altcoinmoney on June 27, 2016, 02:30:55 PM
Off course do you need to hold your coins right now you dont sell them now whe nthe price drops that would be such a stupid idea.
You need to hold them for another price increase but when you dont believe it is coming sell them what you want.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Shibashi Dogemoto on June 27, 2016, 02:47:39 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.
Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.

It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: ~Bitcoin~ on June 27, 2016, 03:00:26 PM
It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.
I think price is taking time because lots of whales have played with price during australian bitcoin auction creating panic and buying back at around 530$ price range. Now they may still acumulating more under 700$ before halving to sell again at new ATH value after upcoming halving.

But who know what those whales are thinking and what new challenge or oppurtunity bitcoin will be getting in upcoming future.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Sled on June 28, 2016, 01:19:03 PM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
I think holding coins still a good choice because we can hit that $700 price again after halving or even more. So as of now, for me it's best to hold it and wait until the halving to sell our coins because the price will be higher than $700 but we need to be careful because anything can happen after halving so it's better to be smart on choosing when we gonna sell our coins.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: yhansky on June 28, 2016, 01:35:01 PM
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Daneric on June 28, 2016, 01:37:52 PM
With the current trends in the bitcoin market, I will advise that you keep holding on your coins. Recently, the price had shot up and came to settle at the current price. With the expected halving, the might be good opportunities to trade and that is when you can dispose your bitcoins.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: fkvidar on June 28, 2016, 01:38:42 PM
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Dwelach on June 28, 2016, 01:43:21 PM
Off course this is the moment to hold your coins because you are not going to sell your coins right now
when the price dropped to that low. The price of the bitcoin will always rise again so just stay there and dont do anything with them.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: DavidoAlto on June 28, 2016, 01:43:23 PM
I dont think it is really good to hold your bitcoins for a long time but why selling them when the price is that low
I dont know what you think but the price wil always rise some way so you should hold them and sell them when the price is rising again.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: freedomgo on June 28, 2016, 01:58:38 PM
Just hold because nothing is serious with what is going on, we can still see the price to rise again because the halving is near and it will not take long before the price will rise again, we will be surprise by the bitcoin again.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: ultrloa on June 28, 2016, 02:08:58 PM
Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.

Although it create little panic selling last week it cannot really effect the price rise and look what have just happen today price is slowly retaining back his rythm to reach to its peak halving is nearly to come and that time we can really determine on what price of bitcoin will it stop, and i can say its still party time for us staker thats why its better to hold for  now to earn more in the future.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: bitlancr on June 28, 2016, 10:52:53 PM
I dont think it is really good to hold your bitcoins for a long time but why selling them when the price is that low
I dont know what you think but the price wil always rise some way so you should hold them and sell them when the price is rising again.

I think you are doing something bad when you are not holding the bitcoin because its gonna rise soon or later again.
Its a investment and I think you also should believe and stay holding it with the bitcoin to be honest.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: groll on June 29, 2016, 12:18:11 AM
Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?



Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: clickerz on June 29, 2016, 01:08:31 AM

Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.


And I strongly agree,just wait the halving period. Not a good idea  for me to sell now,as there are still reasons  for bitcoin to rise.Also people are considering to invest in bitcoin after the brexit,hope it will really have an impact on bitcoin.


Title: Re: Now that prices are dropping, should I still hold my coins?
Post by: Schuyler on June 29, 2016, 01:54:24 AM
Price dips are an integral part of bitcoin. There will always be a reason for the price to go south, but mostly it is because of the law of supply and demand. I am keeping my bitcoin in hopes that it will go up even more, while I also keep an eye when the price goes down, because every time it goes down, I consider it a chance to buy.