Bitcoin Forum

I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...

if I prefer to sell my bitcoin even though Untungya result is still not how. because I'm afraid the price is not added up even more down .then I buy the coin again when the price is down.

That is the game, do you sell now and hopefully get a lower price to buy back in or by selling now will it start to increase after you have sold.

You could take some out if you are dependant on your 1 btc financially, you could also look at the altcoin markets but seeing how concerned you are with bitcoin it might not be the best move as alts are far more volatile than bitcoin.

Of course Bitcoin long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.

Ya if bitcoin goes down then I think altcoins will also go down and go down even more... I am not totally dependent financially on those 1 bitcoins but yes I invest some decent amount of money into it...really confused on what to do

Mostly it's a fake news, the reason for the price down it's because of panic selling due to spreading FUD's.
If you lose already and still holding your bitcoin I suggest that you stay holding it until the price reaches the higher price to make a good profit than you are selling it for a low price then you lose.
I hope that you have some extra money for investment if you find the price dropping, buying will be a good idea and sell them if the price increases back again. Just to save your bitcoin for losing profit and make a profit for extra money.

HODL is everything i can say at this moment.There is no new technology that can beat blockchain right now.But i´m not financial adviser  :D

it is currently bitcoin is down, and this bitcoin price decline make some investors are worried about losses. for that if we have a lot of bitcoin if it is worried about greater losses should be to sell some bitcoin and leave some of it to wait for price movement bitcoin Furthermore, because bitcoin prices can go down and can also rise anytime, for that we must be patient waiting for rising bitcoin prices in order to benefit from the investment that we do today in bitcoin.

Nothing is sure right now. These days the price could go up to over 10.000$ or go down to 5000$ because the price stays stable at 8000$ since the beginning of March and no one can tell you for sure what is going to happen. I would recommend to just hold you bitcoin in wallet because the price is going to increase someday and you are going to make profit. It is much safer than selling your bitcoin now and waiting for the price to go down since everyone wants to go up. There are dozens of news against bitcoin wich say that the price will go down but it seems that bitcoins is stable at 8000$ and it is not moving in any direction. Last days after the summit the price increased to 9000$ so probably when the next summit is going to take place bitcoin will go up to 10.000$

Could you mind to put a source where you see news bitcoin will go down? If you really have one btc on your wallet you should more carefully to read the information. I suggest to you for read in the site who have trustworthy, like https://www.ccn.com and https://cointelegraph.com I'm sure both site is good for use a reference. And now, if you still remembered with news that your read before, I have solution for often see the movement price, if the price continue to decline you must sell it and buy when price in the lower price.

I agree with you. if you invest your bitcoin for long term I don't think you have to worry because I know it will double the price of your bitcoin.There are some speculations that before bitcoin will hit 50k usd it will experience its dip again. so If I were you , hold your butcoin and wait even it takes time.

If the average price of what you are holding is lower than the current price then you can go sell. But i would recommend to just sell a portion of it.

Bitcoin can not fall below 8k dollars for a long time. One of the reasons is that mining will not be profitable for most miners. AMD and Nvidia know about this and partially control the cost of bitcoins.  There are a number of other reasons, but I think that is enough.

I will not sell my bitcoin for a low price, for me bitcoin investment in the long run, and I will wait for higher prices, so we will get many benefits in the long run.

depending on your own if you are not sure that bitcoin will go up sell it, but if you sure defend it right .. or you can sell some of it and the rest of the defense ..

Hold it, considering the negative Issues about Bitcoin now very much from various parties that make almost all Bitcoin holders restless. Don't be consumed by negative issues in various media because it can make you more unsteady. Always discuss to the experts in Bitcoin trading in BCT forum.
Analyzing our coins is important to support us making decisions, analyzing our own coins much like :

• Fundamental Analysis (formulas, graphs, etc.), or
• Technical Analysis (financial data, market share, business cycles, etc.)

I tend on Fundamental Analysis because it is easy to learn for beginners like me with 2 or 3 different sources eg, between coinmarketcap and google trends
There is almost the same data between current trends and bitcoin prices, this is only a small part to complete when your decision-making, hopefully useful

Better you do not sell your bitcoin, hold your bitcoin better, because when you sell bitcoin and suddenly the price goes up, you will experience great regret, you can buy again when the price goes down by increasing your capital.

price may go down but saying it will go down is just fake news and FUD. there is no indication of any price drop as there is no indication of any price rise for now.
if you are stuck making a decision you can always sell smaller parts. you don't have to sell your whole 1BTC, sell 0.3-0.6BTC for example so that you have some money ready, of course sell only if YOU expect a drop not because you read someone saying it will drop.

So you are holding Bitcoin at a loss, if you believe that Bitcoin can not get back again, then it's time for you to sell your Bitcoin, right now it's what we are seeing is not good we need to a strong faith or a Bitcoin firm believer to continuously hold Bitcoin at this trying time.

If you sell your bitcoins now then also you will be in huge loss. So it will be better to hold your bitcoins for few more months. The price most proabably will increase in upcoming months.

OP, hold. Plus what you should be doing is to find a real job or a second job, then save a percentage of that and store them in Bitcoins.

Do not take this buying opportunity for granted. One day many people will wish that they should have bought all the coins they can under $10,000.

Just my 2 cents.

I think you should first investigate the truth of the news, most of the news is FUD. yes, obviously this is intentional to make many people panic and decrease the value of bitcoin. I tend to reverse, frankly. at this time I rarely read news about bitcoin development, so just looking for all the information in many threads in this forum. I think, the current bitcoin tends to be stable. it's been almost three weeks, the price at around $ 8k most grows a little $ 9k.
btw, I never guarantee this will last long. but right now I think it's good to buy bitcoin

It is 100% fake and aims to spread FUD, how can anyone say how much will bitcoin will worth on the next days? Thats impossible unless you have the power to see what will happen in the future lol. If you think that bitcoin will lose more value then it is not bad to cut your losses because you can just reinvest when you feel that it will rise again. We are all just speculating and no one really knows which path bitcoin price will go so dont get affected by people saying that it will continue to drop.

It is just like gambling if you are lucky enough you can sell now and buy the same bitcoin for later with cheap price but no one knows when the price of bitcoin will fall or rise so it is better to hold than risking our investment.Those are not fake or true news they we just predictions so there is no assurance that will come true.

I think you should hold yout btc and wait for months, its price will go up more and you can get profit

Bitcoin is a cryptocurrency so its price will be the fluctuating sometime. But it is high time to invest bitcoin as the price will be high within six months. But I think present price is also potential price as the perspective of the market.  :)

Of course, when the bitcoin began to decline, I would immediately use the chance and buy as much money as I trust, and that is a good thing without risk, it will always drop and grow, I would not sell bitcoin because I do not get fired. Maybe somebody bought bitcoin The price of $ 10,000 is not his investment to sell at a lower price.

At the moment bitcoin is dropping from more than 8K to below 8K. But the price will not decrease much more, so you better hodl. The price decrease is a result of the FUD spread these few weeks and because authorities have announced to consider cryptocurrencies as properties that will be taxed. But when the FUD is over, the price will increase again and bitcoin might reach another ath of 30K at the end of the year.

Don't panic about the actual price and keep holding your BTC, the price is used to be volatile all the time, its going up and down since the creation of Bitcoin almost.

Holding for long term is the best decision, because BTC price is expected to increase highly in the future.

This is without a doubt an opportunity to buy coins at a good rate considering what the price would be a few years from now, the market is really volatile and you can make a good profit with this kind of market as the price is going up and down within a weeks time, i would hold my coin for the long term rather than selling off my coins when the market turns negative.

No, try to tune yourself morally to the fact that when you store the coins coldly, you do not lose weight but only exaggerate your wealth, soon after the fall of the market, the coins will be bought up in large quantities and then the market will go up again

It is a bad idea to sell your coins right now. Bitcoin is all about holding and waiting for the right moment to sell when the price will increase.

This is true that the prices of bitcoin has sudden fall after a huge amount of growth. But, after the price has also increased a bit. As it is getting popular day by day, there's a huge possibility to increasing the price in future. I should definitely recommend you to hold it. Now, the choice is yours!

For now the first thing to do is to hold because of the bitcoin price now.but if the the price increase may be you can sell and buy again if bitcoin price is down or the other option is to buy a altcoins

this is a simple and very effective way of increasing your portfolio and your overall wealth in the medium to long term. hold when the prices fall, and at the same time acquire more coins when the prices goes down even more, because as is clear bitcoins is here to stay and will obviously become a part of the financial ecosystem and as such the price must and will rise again and as history has shown us bitcoin knows no limit in how high it price rises. the popularity/acceptance of bitcoins increases daily and with that consumer confidence .

No one knows that when will it go down and when will it recover and how faster will be that process so in this case I will say that there si a chance of losing the amount of your BTC so better option is that you hold your bitcoin for a few months more as it is sure that it will increase in value much higher in the coming months. We always have to follow those paths about which we know so we will get the success.

I think don't sell your Bitcoin right now, just holding.. and hopefully bitcoin can be doubled up in the future

I prefer to hold Bitcoin rather than sell it because I believe that Bitcoin price will recover again after a few months. Also, if you don't need money today then better wait for the come back of Bitcoin in the market because for sure it will double your Bitcoin after a few months.

very well said, bitcoin is stable now at 8000$, if you are profiting with buy and sell even the value goes down then that is great and continue what you are doing but if you sell and buy and you keep loosing the value since you sell it then that's not good for your pocket, i would recommend also to hold your bitcoin's in your wallet because the value of bitcoin will sure rise, i would recommend you also to buy ethereum because the price now is cheap, this is a great opportunity too.

Are you now in a state of profit or loss ?, If in a state of profit, no matter how much, you should immediately sell it, but you also have to be sure. If you are now in a state of loss then I suggest to hold it.

It’s quite a bit gambling to my sense. You can never predict market’s behavior. You may get a little bit edge, you may lose big-time too. I think, even if price go lower, it’s unlikely to gain much by selling now. I would prefer holding.

That is one good trading strategy that can be used in short term trade to limit your risk and maximize your profit.Before trading you can decide your minimum profit to take. You don't need to hold it because it is more risky. Just monitor and wait for price to go down lower then buy again more.

Its better to buy bitcoin when it fall too much in a short time like today, the price will surely rise back in one or two days and its time to sell if you dont plan to hold, but better buy and sell by stages