Bitcoin Forum

I am a strong believer that this is not the big bubble that everyone is predicting. If you want to make some profits, then sell a small percentage

of your coins, but DO NOT sell every coin you have. We have not even sorted out the scaling issues and we have not even had 1 killer/viral Bitcoin

Application and look at where the price is now. Only 1 country has signalled that they will fully embrace Bitcoin {Japan} ... What will happen once

this goes global?

Take some profits now, {to protect yourself, if this goes bad} BUT do not sell everything. Leave some coins for the Big Score when this thing

really takes off to the Moon.  ;)

meh, the panic sellers never listen and the higher we go it seems like it becomes easier to shake them out and take a big profit.

and times like this is the perfect time for people with my strategy.
what i do is buying bitcoin each month or couple of weeks or so whenever i have money. and at times like this where there is a big rise i wait till the panic sellers panic and buy all their coins cheap :D

The price of bitcoins is going higher and higher and there will be not be an epic dump as people have trust in bitcoins and they would not dump down all their bitcoins.

That's very good advice OP. I've kept 1/3 of my stash, while the rest... well, I believe Yanks have that saying about the "life changing money"... that's where the rest has just gone :)

Yeah...  Let's not pretend that this price growth is normal.  

The lesson is:

It's impossible to tell how long this is going to go on for, so it's impossible to tell when exactly to sell.  

Just don't panic buy, take in loans or throw in more than you can afford to lose.  This is a dangerous game so I say just wait it out.  The bad news is that we're getting very close to the point of no return, after which we'll go very, very high and potentially have a serious crash  afterwards.  The good news is that that the crash might actually only end up going back to around where we are now.

As I know Japanese start accepting bitcoin on early April by their goverment so that cause bitcoin demand getting higher recently.
Bitcoin value is adjusting their demand. But in other side, I'm fear what if another whale trader/investor are behind the scene of this bitcoin enhancement which will cause dump at the end ...   

I don't mind the market to take a few steps back as that will allow me to buy back the coins I sold at lower levels, and thus increase the number of coins that I have. My highest cash out price at this point is $2700 a few hours back -- let's see how the market will move in my desired direction. I however don't think it will go much lower than 20% under my selling price

no sell everything I want more coins......

that would have to be one monster of a whale. i think bitcoin is moving out of the phase where one group or entity can play with it that much, especially when there's genuine demand from all over the world. their stash would get eaten up.

BITCOIN IS DEAD!!
SELL EVERYTHING!
IT ONLY WORTH WHAT IT WAS WORTH 12 HOURS AGO! PANIC! THIS IS THE END!
sell it to me!!!

I noticed your signature and it indeed suits you well.

You are just scamming everyone, especially those who are not fully aware of what things happen around here. You are giving baseless claims then starts scamming people about bitcoin being dead and sell their BTC to you. What a big load of crap we have here. Only fools will be trapped in your bait. Oh and one more thing, get a life dude.

Not as per current situation, always not selling everything at one single prices/ in single day must be a good practices of investments. I too believe it is more sensible to hold bitcoins instead of finding any short term profit booking. This is because bitcoin is predicted to get $10,000 levels before end of this year. If prices are holding above $2000 levels for next few days then we can be sure bitcoin will reach 5 digit marks by end of this year.

most people will hold if the price still increasing but they will starting to sell their bitcoin if the price suddenly dropped even some people says hold it and do not be the part of panic selling but they usually would ignore our suggestion because they thought if they didn't sell their bitcoin then they will losing their money or will suffered huge loss

I think you're unfamiliar with the term "sarcasm".

sarcasm
the use of irony to mock or convey contempt


Edit
LittleBitFunny beat me to it.

Back ontopic: let me put it this way: every (fraction of a) Bitcoin I ever sold in my life, is worth more now. After every price dip Bitcoin has ever had (up to 3 hours ago), it reached a higher value eventually.
I have no doubt it will reach a higher value again. It could be tomorrow, it could be next year.

People got on the bitcoin boat for various reasons and majority use bitcoin to get some profits from it..
I guess we just have to accept not everyone has the iron hand to hold for the big party that awaits us


lol hope we have a different turn of events after your special post :)

Bitcoin price is going bananas at the moment am guessing some whales dropped there sack loads for bitcoin affecting our bubble but this is definitely temporary as demand will always out weigh supply forcing prices to raise.

Yes, but people should not panic and sell everything they own. This scenario has been repeated over and over again and the old-timers are used

to this. We have been around "Bitcoin volatility" for years and massive price spikes are nothing new. The newbies will panic and sell coins like

crazy when the price take a dip, they do not look at the price history over longer periods. Stay calm, and keep some coins for the next spike.  ;)

I think many are doing just like what you have suggested above. This correction is only because of some traders selling few of their bitcoins to take profit and I think we will have another stronger bull run that will increase price to over $3000.

I sold a good portion of my bitcoins a year ago because I needed to spend them. I spent some of them a few months ago because I needed the money. Every time I need money I have to sell less and less bitcoins so this absolutely makes sense. Sell maybe 5 or 10% but don't ever get rid of everything. You'll just hate yourself when you're hanging onto a small percentage of what you could have had.

It's correct . Bitcoin is quite rare because of big market demand so They must creat some bad rumors to cause big panic it's leading to the sell-off of investors. We need to avoid these rumors or you must cry for the lack of understanding.

lol this guys a idiot!   I wonder how many people actually come here for " amazing tips " on selling and buying!  playing right into the hands of the market i say! :) if it was a game of poker would you be grinning at the table like a fat cat when you got a good hand I think not.

Yes, it is seeming bitcoin is having more demand than what we are getting with every blocks or people are understanding and started hoarding bitcoins as much as they could. Unfortunately we are facing FUDs in between time (even these are not new for bitcoin ecosystem), but the good thing is bitcoin markets are staying strong among those FUD. This is possible only due to the faith being showed by this community.

I never plan to sell all my bitcoins but I do spend them occasionally which are too focusing on finding more bitcoins.

Well, I was very happy when I saw that the price of bitcoin had raised $2600, I was already seeing the doors of  $3000 very close, until I wake up this morning I see the price at $2200 :o I was scared

It is expected that some hodlers will cash in some profit, thus the prize going down. But it will go back up since those who dumped btc will definitely buy back again.

Not necessarily. I, for one, am not rebuying, and no one I know isn't rebuying it either, nor do we have plans to do so in foreseeable future. Too many things going on around btc and other cryptocurrencies are worrying, to say at least.

Gamblers will gamble, of course. And most of them will lose, as usual.

Sell now (or 200$ earlier) and rebuy lower. Just sell now!

Let weak hands sell their coins cheap.

This is exadctly what I've been doing since I've started here and that's probably what I'll be doing for the next years. I'll probably grab some profit here and there to reinvest in a dip.

I truly agree with you, still hold bitcoins, because in the coming time, bitcoin grew more. It is start of rising, that's why sell the bitcoin only small percentage and still prefer to hold the bitcoins. In the coming time, give us better opportunities to make money and profit on bitcoin price.    

Bitcoin getting approved by these countries as legit is not a bubble in my opinion. It is legit enough to spark buys especially to those countries citizens themselves. For short term traders a hold until the end of this year should be worth it. Let the segwit finish first.

Bubble is mainly for the alts i presume, but a correction is mandatory if the price goes up this high.
Holding is the most wise choice for the common people, traders who can handle the risk and deal with the risk if it goes sideways will trade.

This is the bear trap before heading to $4k. There's a huge backlog on coinbase and once those buyers get through they're gonna be eating these cheap coins fast.

Wait! Just as you say, we commit we would sell, a panic sell, now tell me why should I sell them to you, doesn't ring my mind's bell.
We know we are heading towards a full moon here, and if you want to sell out all your bitcoins, just sell them to us and go to hell.

Effing solid advice right here.  That thread with the medical student wondering if he should take out a loan to buy bitcoin in order to pay off his med school loans--that's crazy.  But it's what people do in crazy markets like this one, and it's how people get into trouble.  What that guy proposed was basically a form of margin trading, but I suspect with a much higher interest rate attached.

I'm a bad trader, too.  That's why I don't try to profit off of altcoins by trading in and out like a fiend.  Same thing with the stock market.  I'm content to just hold bitcoin and whatever stocks I own.  I leave the trading to people who have more balls and/or are stupider.

An artificial scarecrow that tries to scare newbies so that they can have a chance to buy now at lower price. And with the current adjustments of the exchanges that their buying rate aren't the same today. And wait, AFAIK bitcoin has been dead for hundred times I know that story already. No need to sell people, just keep hodling.

still there are good opportunities that the price of bitcoin will cross 3000 USD level very soon. the price of bitcoin is fluctuating but still the investors are confident and still they are investing money in bitcoin.

It is a good to hold and to save bitcoin now, selling everything will makes you regret, even selling small portion can make you regret, the price will surely up, the one that you need to sell all is the alt coin that got a fake pump

Yeah stupid me, I sold all out when the rally was just starting and missed the entire bull run upto $2800. Made some profit but could have made twice that easily had I held back. Uh well, you learn from your mistakes.

I think he just wants to spread panic selling and cause the price to go lower in order for him to buy at a lower price. You should just hold onto your bitcoin because if we look back at the price of bitcoin now within 5 years we might think it was extremely cheap.

Fake pumps were quite common with the altcoins and the same is not happening with every altcoins. There are lots of potential altcoins that are making good progress. In the recent days I think Monero made a fake pumping. So it's good to analyse in a better way and sell the coin which is quite profiting good and hold the rest for trading purpose.

If you are having a huge amount of coins then it is really good to hold the coins for the long term,with the correction i did sell off most of my alts so that i could enter at a later time and had to suffer some loss doing so because i am not good at predicting what all coins had a good pump and what coins had a genuine rally because i only trust bitcoin for the long run.

Expect FUDS brought by the trolls when there is an ongoing price decrease. As if that a major price crash will be the turning point of a bitcoin crash not knowing that many people are waiting for that dipping point.

If people don't have something to do with their bitcoins for any purposes then the best thing to do is to hold. It's not wise to sell during price crash while at the same time chances of price increase to happened again is possible at high rates.

It would be best to hold if the price go down.  Unless you badly needed some cash then it is ok to sell some of your Bitcoin.  But if you are all good and do not need an extra cash, it would be best to hold your bitcoin to get more profit from it.  We all know that price of bitcoin is incline to price increase due to the market saturation and adoption. So you are losing some profit if you sell your bitcoins today.

I told you so when price was still around $2500 I said it's better if you go with the market, because if you doubt in a drop it's when you lose, I wish I had money last year to buy as many Bitcoins as possible when price was ridiculously low $450.
I am aware of the situation, I know price will go back up and will keep breaking the previous records but right now I'd recommend to sell if you bought higher than current price but if you can afford to wait then wait another year or so

So you are saying that those who haven't sold at $2,500 lose today? What if I told you that those people who bought at $2,500 are not primarily on the lose? They will earned more. Why? Let those funds that buys at $2,500 just hold while at the same time buying again the price dip.

That belief is yours is really categorized as weak hands. Ok after you sold now what? You wanna force yourself to deal with the current buying rates of most the exchanges? Remember that buying rates today are high in most of the exchanges because of the demand while at the same time, it's business. Well that is your choice and your own strategy so all I can say is goodluck and hope you earned more with that.

I was very happy when I saw the price of the bitcoin has raised up in $2800, and I really hope price bitcoin can be $3000 because of the very fast graphics price but when I look at the current price of $2100 turned out to make me cry and was disappointed, though I plan to sell when prices go up in order to benefit

I think more lower that what you mention i think the price today is $1,900+ level hoping that the price can be increase back. but for now its impossible to hold bitcoins and i think many people are panic to sell.. so this is a time to buy bitcoins for lower price. ,

Agreed. I think that you should sell at least some of your coins but hold the rest. That way you are basically lowering your risks of losing money either because the bitcoin market crashes or ecause the bitcoin market goes bullish again after this correction and you miss out on profits.

However i do think that this is a big bubble. If you think that -700(which is like 20-30% of bitcoin's value) in a few days isn't a bubble bursting then i don't know what your definition of a bubble really is. Honestly.

Long term though i'm very bullish with btc. Juts sayin this one is a bubble and has burst, might go down more before the bounce back.

Well, I agree that the price of bitcoin is going higher in the near future so I will hold it for a longer time. Holding is one things that you will consider if you to gain more income. It is good to hold your bitcoin and sell it when the price is high. I hope in the near future the price of bitcoin will increase so that I can earn more income.

Yes, most of my friends are also into HODL (Hold On for Dear Life) position for Bitcoin as things can get so exciting by the time the scaling problem and the transaction clogs can be solved. There is a big opportunity ahead of us so there is really no need to sell...I had done that before and I will not do it again as I missed great growth since then.

As July would be approaching, I guess there would be many who can be spreading FUD to scare us to convert our Bitcoin to cash. There can be some form of panic but we should not listen to them because people who are members of the panic  club will usually not make great money but will lose them big.

Totally agree with you bruhh. Hold all your profits and take your capital. I mean that's why I did, so there's non need for you to panic sell when the prices drops down and then just chill.

Here are people who regret of not knowing bitcoin in 2010-2011. But most of them will not wait for few more years to get an excellent profit through bitcoin. Bitcoin has proven to be profitable in long terms. These short term pumps and dumps doesn't mean anything. For short term pump and pump, people should prefer altcoin trading instead bitcoin. I totally agree to OP, people should not just sell all their bitcoin if not absolutely required. They might become rich through the amount of bitcoin they are holding today in some 5 years.

Don't be a weak hand who panic sells only to rebuy back in later at a higher price because of FOMO. Just buy on the dips and hodl. Then sit back and enjoy the ride.

Buy in the dips? Well I don't see any dips incoming or none took place recently, are you talking about $2100?
If that's the case, I don't think that it will be making any such differences to anybody's decisions over selling or holding Bitcoins because according to me, even buying at current rates will one day give the investors bigger profits as it is not going to stop ANYWHERE.

We may need the patience to be able to hold our bitcoin wealth, because out there are so many issues that start us so that our bitcoin is converted into cash, but believe that if we can be patient we will be able to double it in the coming July , I believe it
and i trust to hold my btc

I think there was a recent dip when we reached $2900 and then it dropped back to $2300. If you sold at $2900 and bought back at $2300 then that means profits for you if you were able to follow those dips. I think it's a usual occurrence in bitcoins that we see this price dips and just see it slowly rise back up again.

Exactly with most of the digital currencies patience is a must to taste the profit. In reality none can predict the exact pump and dump of the coins as well issues with digital assets were common and in time this will be overcome easily. Only the teams that lack developers fail at this point. So patience is much important and even if selling, sell based on necessity and not everything.

If it was that easy, people wouldn't be losing out. Problems here are that people simply have no clue what they are doing, plus their emotions always get the better of them. Add that most of them also happen to invest with money that isn't meant for that, and the panic gets complete. Let people make the same mistakes, it will only make their coins land into stronger hands....

It is true In reality no one can predict the exact pump and dump coins.
But if we can keep some of our digital coins in large quantities and assume it's just a buried treasure, though bitcoin prices will drop dramatically but one day it will definitely return to the top of the high price, and when our coin is still buried.
It will be a tremendous victory

Hodling is easy when the price is more or less stable with few dips here and there. Real test comes when a big crash occurs & price does not seem to be recovering. Then doubts start to creep in whether you made the biggest mistake of your life or not.

Well that was the plan from the beginning  ;D

Considering the many more potential positive event that may happen, it is best to just hold and hold our Bitcoin. By having this type of mindset, even if no major event happened that would trigger a major hype, the price will, still, continue to increase because the users are just holding more and selling less. If Bitcoin really takes off to the moon, then this will be exciting, my seat belt was buckled ever since I started earning Bitcoin and it's still buckled up until now ::)

You are correct but those that will hold don’t really need the advice and those that don’t want to hold are not going to hear the advice and instead they are going to sell at a bad price, also with the current decrease in price, many weak hands are probably going to sell everything they have.

Ye But you need to understand those poeples
If the price is going down they think oh i make loss
And if its down then i can buy cheaper coins
I am losing money also now beceause of holding instead of selling
So i understand the poeple

I think it's time to change the title of this thread to "Sell... Sell.... Sell.... Sell everything".

Ethereum is gonna hit $200 in a couple of a hours. We all had it coming.

But I think they got it wrong. If they sell if the price is dipping, isn't it they are losing their investment? The technique is just to stay calm because it has proven time again that bitcoin can rebound from this price crash. If I see that the price is going down, I might as well buy more and stash it in my wallet and hold on it. Because when the price rose in the near future, holding will be really worth because what you gonna see in profit in you end. Just don't panic and don't push the sell button, you might regret your decision later.

Well.i would rather to hold my bitcoin than to sell it in a low price. In addition to that, holding is one of best strategy that you can do to make a good profit. I know that the price of bitcoin will increase day by day in the near future so I think I will save and hold more bitcoin. Lastly, if you want to make a good profit hold your bitcoin now.

Agree with BrewMaster.
Just a little profit and they go all out sell.
Just a big sigh after that.
We keep on encouraging them. Telling them it is supposed to be higher than that if we gold together. But it is also an endless talk to which they just ignore what we tell.
I think of it as a selfish act. But what else could we do abiut that but just let it be. We cant force it to them.

No need to change the price of bitcoin now is down at $2,362 so that's not a good sign that we need to sell everything. Another time of removing those weak handlers, more buying power again into the hands of the whales. They are making money each time there's a small pump and when there's a dump, they are adding more bitcoins.

I think the cult of hold has its merits....that are 90~95% correct.....however for that last 5~1%, well some profits in fiat so you can buy some stuff and trade a bit, and lock in some gains?

That may let you hold more long term....

Every Year almost rumor about bitcoin is going to crash !!!!
And it always rise .. this time it will be big impact Bitcoin surly goes up !!! if you sold it you will cry by next month  

Who spread the information may be people who want to take advantage.
They take advantage of our panic in order to sell bitcoin cheaply.
They are people who are only selfish, until now I still believe in the future bitcoin.

Somewhat incorrect.

The media is always going to want to write new stories covering bitcoin that will generate as much readers as they can, so they always say that bitcoin is crashing, bitcoin is na  bubble, etc. etc. I completely agree with you on that.

HOWEVER, when bitcoin is indeed in a bubble I don't think that it does any good to deny that it is in a bubble. Buying all the time isn't a good strategy, at least not the best strategy. If you buy now it is highly likely that you'll lose a lot of money if you're only planning on holding for the short term, because bitcoin price has just been that crazy, and usually the halving aftereffects die down around this time and we go into zombie mode. But this does not mean that you should sell everything - as op said, you should always keep at least some coins so that when an unexpected economic collapse happens in your country, you have a hedge against it.

Really it all comes down to what the user wants to do. If they sell, will the price go up the next day, or will it go down. Who knows? The demand of Bitcoin is definitely increasing day by day but for some reason, the price is going down and then up a small amount and then back down. Selling may be a good idea for those with a weak stomach, but I think that it is better to stay strong and hold onto your Bitcoin. Selling a small amount is what a smart person would do, and keeping all your assets in Bitcoin and continuing to hold it would be what a stupid person would do. What I am trying to say is that if you want to sell, sell a small amount, don't sell your whole inventory. Keep some because who knows, the price might go up, and if it doesn't, at least you still made a bit of money. I know I will continue being a believer of Bitcoin. How about you?

Yes, always bitcoin has a fud. but thankful for the support of a lot of holders. JUST HODL and we can all be rich by the help of bitcoin.

Not every users, but very few users make such and the important factor required to make the bitcoin grow is continued spreading. Recently a mass adoption took place when Japan entered legally and once after that due to ransomware attack a good user base learned about bitcoin and slowly starts using bitcoin. Moreover growth is assured, so holding is good.

My suggestion is to not hold. You have to sell at some point. Depends on situation. It was really easy to get back when price lower.

in my opinion for now price bitcoin still experiencing instability so as to make the price of the bitcoin ride down. This is the time which is less good for you if you want to sell your bitcoin, you should kharus maintain and hold continue to not sell bitcoin for everything because it might next year prices will increase than bitcoin now and great advantages will be yours is also one of the best strategies you can do it keep on until the time is right for you

I don't think that the ransomware attack did anything good to the Bitcoin. It further tarnished the reputation and name of BTC. IMO, Bitcoin has reached a stage where negative publicity is no longer beneficial for the expansion of the crypto-currency.

You are a true loyalist of Ethereum and we get that.
But we also have our opinions and we have our own decision to what must be done.
Why? Because tou think ETH will grow more in price while bitcoin is falling down?
There is no facts for that. It is just a mere speculation and it already happened that all coins went down.
By pulling down bitcoin with mere comments like this wont take ETH up.
You are just making it worst.

No. Only noobs look at that situation from your point of view.

If people don't have the ability to understand that the tool should never be blamed for things done by people, then I am seriously feeling sorry for all of them ~ it's the most basic stuff, come on!

Bitcoin will continue to rush forward, regardless of any sort of negativity. It has always been like this, and it will continue to be like that in the coming years as well ~ you'll realize that as well at some point. ;)

It's time to put into practice all the holding that you did during the MtGox days. Assuming you were there back then, then you should have experience of holding through a massive 50%+ crash. I held from $1200 to $150 so for me the current crash is a joke, I know in the end I will win.

I am holding for now, there is no real reason to sell. I will sell only if I absolutely need to. Bitcoin will gain traction in the next couple of years regardless of whatever happens now. I panic sold 5 btc at $400 and I am still having nightmare about that.

Do not be so upset. At that time it was too good money. Now you can not sell under any conditions because the price has dropped and will continue to fall. You need to wait out the panic. That's why I'm opposed to the world had only one currency. The more currency the easier it is to survive any crisis.

From my point of view anyone who doesn't have to sell the bitcoin for whatever reason should hold it and that it's because I primarily look at bitcoins as an investment. Investment that it's the most profitable on long term. So, don't be so obsessed with price, there will be pumps and dumps occasiony, but you should determine your goal with bitcoins in some middle to long term position and stick to that. Do me this is the best strategy.

You do not need to talk about falling prices. Why bring panic to the masses? It is best to think that if we buy coins today, then in a few years their price will multiply several times.

yeah its just wasting time to talk about falling price because bitcoin will never fall its price we know bitcoin increasing price too much faster and a lot of people trying to buy bitcoin and then holding their for future because bitcoin price will rise more and more in the future.

This is not that easy. Doing bitcoin holding requires high patience, we will always be interested in the current bitcoin price. Look at price movements and when bitcoin prices decline there must be a sense of panic, this is usually the cause of selling bitcoin for many people (panic sell).

Yes 100% agree with you. If you want to make some immediate profit than better sell some bitcoins and purchase again when it falls. In this way you would have made some profit and also you will get bitcoin at lower price.

Most of the elite in bitcoin are doing this, but there are some that are very unruly with it and selling out of their fear, and they would sell every drop of bitcoin in their wallet, and right now that August 1 is coming I think that unruly ones would still done this thing and sell all their bitcoin before the impending split, well at first I am thinking the same thing to do before the split will occur, but I think I would just sell a small amount and will hold on to a bigger portion of my bitcoin.

Holding is one of the that you can do if you want to make a good profit. In addition to that, holding is a nice strategy to gain a high income and if you hold you bitcoin now or any altcoin you will become millionaire or billionaire in the near future. I think that the price of bitcoin will increase in the near future so that I would rather to hold my bitcoin than to sell it.

If you are investing in a high risk asset such as Bitcoin, it is necessary to look at all the possibilities. No one knows what will happen to the exchange rates in the future. They may climb to new peaks, or they can go back to $200 per coin.

This is damn right im saving too for the big numbers too

I believe in bitcoin in long term could reach fantastic price over $10,000 but that for few years later and not everyone will be patient not to sell any of their bitcoin savings, neither do I.
Sell bitcoin isn't a mistake if you really need money or get profits through fluctuate price as long as you could buy back and save more bitcoin. Usually, I sell small amount of my bitcoin to cover my expenses if I don't have any other source income to extract some cash.

Sure, I always believe in bitcoin so I'm not going to sell it, instead, I'm going to buy more bitcoin, I believe the value of it will rise even higher after segwit succeeds.

I agree with you . Every action there must be a strategy we have been thinking about. Do hold and sell is actually free to do, especially for a trader who perform this action to take advantage. But back again that bitcoin prices are very difficult to predict. so when it comes to long term, I believe also that the price of bitcoin will rise better than today.

I bought bitcoin for long-term investment. And now I'm not bothered by news about a possible price cut after August 1. Even if there is a price drop, I will wait for the price increase

That's a great idea and controlling your emotions taking for granted those news around because it sometimes gives us stress. Having to wait for the price to increase is a wise decisions to do, and holding your bitcoin is more like a savings with a very higher advantage compared of fiat currency savings. Although it's hard to maintain good control of your part but still you can make it bot to sell everything and holding of coins is always a priority.

I am saving every penny I can get my hands on, to buy every cheap Satoshi that comes on the market. I predict a massive panic dump in the week just before the 1st of August, when the hype and shilling will be at it's highest. The Noobs will be selling at the slightest indication of a bitcoin dump and I will SWIM in the cheap coins, like Scrooge McDuck in his Gold vault. I have NO doubt that this is not the end of Bitcoin and I am willing to put my Dollars where my mouth is by buying in the dump. ^smile^

Warren Buffett — 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'

I could imagine to happen something like that as well. One last major dump before we will move up again. I placed several buy orders on different price levels, until down to $1800. So a final last big shakeout is really possible.When everybody is chanting that we will get SegWit someone will make want the weak hands to give away their coins.

You need to keep coins even with such a panic that is created around August 1, because I'm sure that this is not the last panic that is trying to destroy bitcoin. You need patience and then you can get rich.

Yes and many are now in panic selling because of the hard fork that's why the btc price had move down slowly as well as the altcoins. Hope after this will be seeing a blue sky

The worry is very normal, however, it is covering the whole virtual currency world. This impact not only affects bitcoin, it affects most other altcoins.

This is a real test time for every bitcoin lover and bitcoin holder. We just do not need to be in a panic situation. Price of altcoins and bitcoins is going down but we should wait and see where it stops.  Also those who wana buy more, thats another great chance from them. Lets see where it goes from here.

I agree with you. This is not a bubble and whales only make some movement in the market so that they can collect more and more cheap coin. In the next few month, everything will go back to normal and we will earn a great amount of money. Please hold your coin, bitcoin, litecoin or ethereum or even some unknown altcoins. Just hold and you will earn a great profit

Haha, I hope this is a bubble and breakdown to helps me wake up from a long dream blue of 2017, I want all cryptocurrency go to real value soon and can remind all people or trader on the world's one thing is: "Not have market always green candle, growth and go to the moon! All is memes buying and domino effect will kill you anytime!"

The upcoming fork is really a test of faith for bitcoiners and i see no reason why we need to panic sell as prices temporary dip
If anything this should be the best time to buy a bag load of bitcoins and hold till prices double or tripple.
Selling now will only make it expensive for us to buy back sold coins as prices are most likely to skyrocket after August 1

Sound advice, but the holders do not needed, the traders will keep on trading and the weak hands will keep on selling for a loss, I don’t plan to sell a single satoshi from my holding, they are not that big, but I already got big earnings and I’m not going to risk it all, just because I could not hold.

Price has gone down in recent times so selling is not a good choice at a moment and we should have patience and should hold our bitcoins for price rise and may be we will see some massive growth in the price in next month so holding is the best choice to gain good profits in future.

If you are committed to a long-term investment, then holding is the most correct and profitable choice. And if you use coins in everyday life, then no one can prohibit you from selling coins and buying the right products.

I don't need money in day to day life as I have full time job which gives me good and stable income in fiat so to take care of my daily expenses I have fiat in my hands and bitcoin is an pure form of investment for me so I will prefer to hold it for a long term and short term fluctuations doesn't make any difference to me as I believe in long term profits which I can get by holding my bitcoins for a right time.

Thats right I think you need a lot of patience to do not sell your coins . Because many people  as of now panic selling their bitcoin because august 1 is near and many people said the price of bitcoin will go down but it depends on your research.its not 100 percent sure but if bitcoin down for sure it will recover again after few years and it will be higher to the current price. More bitcoin that you have possible earn a lot of profit.

The problem is that Hold needs nervois and you have to be rich also. For example a guy with a little amount of money can't put everything in bitcoin despite the fact that hold of btc will give him good profit because there are moments when we need money and usually on that moment bitcoin's price doesn't looks like we want. So it's hard and suddenly bitcoin fall these days, very bad.

Nobody is talking about the bubble. This is not the bubble. A small drop in the price doesn'tmean anything serious for Bitcoin. There is no reason for panic ad I think it would be a mistake to sell even the part of coins now. My position in this point is constantly and only HODL.

People who are new to bitcoins and don't have enough experience will easily get panic at this stage and start selling their coins but who knows bitcoin very well will never sell their coins now and will wait for the price to go again higher in coming days and that is the right thing to do in my opinion.

Absolutely, noobs panicking a lot otherwise there's no need of so much panic and at the same time they should understand it might be a good opportunity to make big money.

After a long time we have seen this low price of bitcoins and I think this is a great opportunity to buy some more bitcoins and keep them safe for future as everyone is speculating that price will be $4000 at the end of the year and if that happens then it will bring huge profits for them if they buy now.

Seriously, I'm hoping for a bigger drop in the bitcoins price after the segwit adaptation. For the first time I have the opportunity to invest about $1k into bitcoin, as the bigger the price drop the better.

We don't know whether price will go higher or lower after the segwit adaptation but as of now I feel that we should not miss this opportunity of buying at lower price and if price goes higher later on then we would regret for not buying them right now.

If people panic after such minor drops, they have understood absolutely nothing about Bitcoin. This kind of volatility is normal for Bitcoin. We cannot have an asset whose price moves only in one direction.
 

Exactly people should be aware that bitcoin is volatile in nature and it can never be constant nor it can move only in single direction and if its going down today it will rise again and if its higher then it will not move in same direction.

You have given a good advice.It would be useful to every one especially newbies.If they spend all of their holdings,definitely they have to regret if bitcoin goes to the moon.On the other hand,if they sell a small portion for profit,then if bitcoin price goes down,they could get satisfied that they have minimized their loss to some extent.

As you can see those of us not needing the cash have no problem just holding as long as it takes, but there are not many people like that.
Mostly people involved can't afford to lose even 5% so when price starts to go down they will click on sell, now if you could see the wider picture you'll realize the reason about the price dropping, all it takes are 5000 small holders to dump their small amounts in a day, others will follow the next day. I don't want to get started about whales, when they dump  price freely falls by $500/$1000 anyways still $1500 for the price of bitcoin is not a crash as we were at $1200 when the big pump started and difficulty didn't increase so much to justify the above $2000 that easy.

I think bitcoin is in transition. Its value could increase sharply in the future. Countries have already begun to accept bitcoin as Japanese

I don’t think patience is the right word for it, the most important thing is to trust in bitcoin, for those that think bitcoin is the best crypto then there is not a problem with holding long term, those that are not fully convinced of bitcoin capabilities are the ones that have problems holding.

Thats really a great idea.Panic sellers would be always available in the market.So just making use of the situation and buying cheap bitcoins is a good idea.Instead of shouting at panic sellers,i am also going to follow this idea from now.

Of course, never sell out the bitcoin you hold, it will give you a lot of profit over the past 4 months. I only sold a few bitcoins but now its price has increased four times over the time. Points I sell. However, if you hold in hand too much to sell a little to recover capital.

 Yes you are are right that is also a great opportunity for us to buy bitcoin, because yeah, after long time its price has become to low and many people can buy it very easily. So don't miss the opportunity to buy bitcoin now and save it for long time because its price will hit 4000$ very soon, to me i think in one or two years later.

Actually, Holding is one the best strategies that may you do if you really want to make a good profit. In addition to that, holding of bitcoin or any coin will help you to gain a lot of income and I think the price of it will rapidly increase in the near future and I believe on that. Lastly, hold your bitcoin and be patient if want to become rich someday.