Bitcoin Forum

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?

Topic is misleading bitcoingold isn't bitcoin.
When I am not sure I look at coinmarketcap.
https://i.imgur.com/oYdqMXf.png
Forget the numbers. Read what is this graph telling you. Should you hold and wait for pump which very likely won't happen or should you run away as fast as you can from bitcoingold is your own decision, I am sorry but you lost money.

I suggest you to not listen to other people, but just study and make your move.
Said that, my opinion is that if you invested in Btc gold, the money would be considered lost.. and you also should consider that if we will have another bullrun, there is no security that all coins will grow. Probably only the best coins ( and bitcoin gold is not one of them for sure).

Do some more trading with the funds you have on bitcoin gold and trade other cryptos. I suggest that while you hodl and wait for bitcoin price to rise back up again. Maybe same thing will happen to the btc price like last years price strike.

if you really have to ask this question then the answer is not you should sell your bitcoin and go away.

in case of bitcoin gold altcoin that you are bag holding i have to say it was a disappointing project. i was thinking it can  have good pumps but it failed. specially since the successful 51% attack against it, this coin tanked hard.
what to do now? it depends on how much you have. if it is a small amount then i think holding it is best because it may have a pump since it is super-dumped right now but it is still a shitcoin and you will be taking a huge risk anyways.

In fact, no can give you the exactly things to be happen in the future but while waiting for the good things to happen I'll suggested you to have or gathered much more trusted and concrete information about bitcoin gold therefore you will able to have some basis and then you'll study it first before you make your decision. Actually no one can answer your question but only yourself because at the end of the day you in yourself are the one who decides what will be the best thing for you to do.

nah i would rather leave it.

promising icos have better chances than those propaganda coins.

Many people loss big at that time, on december many people jumping on crypto/bitcoin because of the all time high. I'm actually one of them but I will keep holding the amount I bought back then because I know it will rise again this coming months and I will get back my initial money.

hold

in theory, if we buy and hold then the price goes up, then sell. if it has not gone up, then hold it much longer. it will help you in making trouble in taking a big decision on bitcoin.

this time to hold bitcoin

The title of the topic misleads to what you have said OP. You said that "Bitcoin to HODL or not?" and in your post you are referring to Bitcoin Gold.

Anyway, you can wait until the price of bitcoin goes up to the price of ~$10,000 and maybe you can sell your Bitcoin Gold. Its a big big loss for you but that is trading. Some will win and some will lose. :)

Aw geez. Why would you do that? Sorry for your loss, mate.

Best case you could be holding out for a Bitcoin Gold pump, but I wouldn't get my hopes up. Long term I doubt that Bitcoin Gold has much of a future since it's neither technically compelling nor does it seem to have much of a community behind it.

In the end it's up to you though. From a fiat perspective more unlikely cryptos have come back from the dead during the recent bull market. Whether Bitcoin Gold will be remembered when the next bull run occurs is a different question.

In my opinion, that's your own prerogative. But you know bitcoins market is volatile you have more chances to get it back. More patience to deal with no matter how disappointed you are  at least you learn from it. You can have more strategies and techniques to develop your knowledge about bitcoin.

The title you are putting in the thread is sort of clickbaiting. by the way the price you bought are too high and now it is cheaper. so you cant sell them now. you should have sell them way too earlier.  
Now hold it and see what happens

You've bought in to a hype that means absolutely nothing, so it's your loss at the end of the day. Everyone and their mothers have warned other people about investing in Bitcoin Gold since it's just another scheme to make money for the devs and a select few. There are no real changes implemented on that altcoin and no real-world application can be found, so why invest into something that is only prominent because of a short-lived hysteria and hype? If I were you, I'd cut losses and charge everything to experience. It will take long before bitcoin and other alts to perform well again, seeing that we're only 6 months past the initial blow-off from the last ATH.

Sorry that you have lost money, but one thing about this game is that we all lose money but what we decide next and how we tackle the situation matters. Bitcoin gold is not bitcoin but an Altcoin and the chances of it pumping again is a 50 50. Forget what they say, no one knows when exactly the next pump will be so your in the position to take the best decision yourself. Either you sell and exit the market or sell and change your strategy or HODL and wait for pump. Who knows when it's coming. Your choice.

After all the devastated mood, you somehow managed to motivate. Thanks a ton! I had seen Bitcoin Cash and Bitcoin Gold moves up simultaneously, and had got predictions from many that made me to put all of it in. Somehow, I need to wait more coz I think it's better to HODL as the price is at it's lowest. I'm thinking to sell when I cover at least 50% of my loss, and it's gonna move up a bit for sure right after bitcoin show some moves.

On today's bear Market you need to hodl whether you like it or not. because if you try to sell now your bitcoin it will be a huge loss for you. it's better late than never. what i mean is it is better for us to wait a little longer to gain back the momentum then if we think the market has recover then let's sell it quickly. who knows what might happen on the next few months after the recovery.

In my own opinion, it is better to wait than sell your bitcoin without earning profit. Patience is a virtue so we learn how to wait for the right time to sell our bitcoin because if we wait for the right time, it may gives us a very high profit.

Sell and buy altcoins :D Oh wait, you can use your bitcoins to buy altcoins so don't sell them :))

Just waiting for the bitcoin to rise again, not much but a bit. As we can see BTG is its lowest in this point of time, so what I concluded from the suggestions that waiting for bitcoin to show some moves can definitely make BTG move a bit, I'll be out of it as soon as I cover 50% of my loss.

My advice: It's better you wait till it builds up again because when you sell, it will be at your loss. And again if the price rises again and you've sold your coin, you will regret it. Trust me i'm talking from experience.

The current moment I think hold is the best way. Current market is very bad. If we are afraid to sell what we have, we will lose a lot of money. and i do not like this.

I think you must hold and wait , until it will rise up again . So in the end you dont have any doubt . But its up to you . I only said my opinion .

I've 20 BTG. I don't know if it's small amount in your perspective or not, but it's huge amount for me. Please help me to take a decision !

For now price situation, is better to hold bitcoin until price become high, and if we try to monitor price situation today, the price of bitcoin is something goes down and down and the people expectations are not yet happens that the month of june bitcoin price would rapidly grows, and it was opposite things happens, because the price of bitcoin goes down rapidly on this month, so therefore this is a good time buy bitcoin and hold until price going back to the higher level.

I advise you to be patient and hold until the bearish market ends, or at least, you sell for the same price when you buy.

surviving and holding for a long time is better than you have to lose.

Hold to die  ;D

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now time for buy bitcoin not sell time.please know more  about bitcoin market. i advice you buy more bitcoin.and hold it .

I think it depends on our beliefs and speculations. If we still believe and keep supporting this system therefore we don't need to feel doubt and keep holding our btc until it will recover again and gives much better movements in the near future. However, if we loosing our trust and scared to hold because of it's long period of downtrend so I think we must give up and do sell because it's been a nonsense of still holding if we are not believe to this system.

For me, I think it is better to wait for the time that it turns green before we sell our bitcoin. We all want to earn a high profit so we must wait for the right time and we don't need to be greedy in selling our bitcoin. Since the price is low now, I think it is the time to buy bitcoin.

in my opinion i would love to hold bitcoin and buy more if the price is more lower than the current price, because if i sell it i will lose profit so keep holding maybe what happen last five years ago will happen again next five years.

Yes you should. If you still believe in Bitcoin, you have to do that. Besides, the situation now forces us to hold because Bitcoin is still decreasing. But believe me, Bitcoin will rise again, you will not regret holding it. Your money will come back again.

Bitcoin gold is just an attempt to get profit of the name of bitcoin, it was a project that was over hyped by many people and it turned out to be a big disappointment, so investing in it or just holding is not really the brightest idea, so what i suggest you do is go ahead and exchange what you have from bitcoin into a good ICO token hold it for a while until you get a sizable amount of profit from it than reinvest that money in bitcoin, because bitcoin will always be the best and the safest investment in my opinion

this is exactly why you should never hold  any altcoin for long term. there is no exception for their dumps. it WILL come eventually and it will come hard.

in case of BTG you got unlucky because it not only got dumped hard but also it was attacked (51% attack) that wiped the chain and it got dumped even harder.

that is the story with altcoins they have lots of bugs even the big ones and they will come out and cause mass panic and dumps like this.

Bitcoin is worth to hold but if you hold altcoin, I can guarantee that it's worth or not.
AFAIK, altcoin trading far more riskier than bitcoin trading but sometimes altcoin yield more profit than bitcoin so if you can overcome the risk, you never know what result that will come upon you !

Hold hold hold! Don't sell any transaction if you know that it dumps lesser its price when you buy it or you lose. Next time don't hold alts for a long time.

I’m holding everything for now. In fact, I have bought more during the price drops but I have reached a point where I don’t think I can buy any more.

I plan to just hold and ride out the correction for as long as it takes to recover and make a profit. Even then I will only sell a little bit of my investment each year so hopefully it will continue to grow over that period of time.

So now, you have a bitcoin or bitcoingold ? No need to wait a bubble and there was no bubble in the first place.
Cryptocurrency just only being volatile in the market so they have a fluctuating price. Never buy when the coin at the high price,
later you will regret if the price falling. Buy them when at low, someday they will rise back.

According to current situation the price of bitcoin is very low. So this is the time to hold not to sell, because the price will increase in future. All are hope the market will recover soon. So just hold the bitcoin and save it for future. Once the price will increase you can sell and gain more profit.

If you can have patience then bitcoin will make you rich in future. The truth is no one has lost money by holding bitcoin, it has made many people rich in the past.

Yes! Learnt a lesson. Never to hold an alt for a long time again!

You should hold, hold until the end of annual profit

If in your position it is me, then I would say that HOLD is the best way for now when our finances incur losses. The point remains to be patient because all of it will go up very drastically again

The best you can do is to hold your coins because if you should sell it right now you would only be earning just some pennies from it but if you wait for the rise of the market which we are all hoping for you can make huge profits other than that peanut.

hodl to earn money not to lose money. because our goal when we are starting to invest in bitcoin is to receive a profit not to lose a profit right ?

You bought bitcoin and moved to a fork coin, that's a very wrong move. What drove you to buy that fork coin and leave bitcoin itself?
You don't have choice, you're still far from your capital so keep on holding.

In the first place we want to get a profit and we dont like to loss our money so its good to hold if you see your money is loses because we know the bitcoin price will goes up in the pefect timing and many investors wait the rising price of bitcoin so for me its better to hold so that we can get a huge profit someday.

Just stay holding your money until the price reach what you want its because if sell your bitcoin because the price is very low you can loss you money right? but if you wait the when the price is good you can make more profit, so its better to wait and hold.

Continue to hold your coins. Bitcoins is not going to move out of the system anytime soon and hence I urge anyone that hold bitcoins to continue to hold it without panicking and one day the reward can turn you into a billionaire.

Bitcoin should be hold. The fact that the price is down never mean that the currency is not worth investing. It is  even at this time that you need to invest more if you need to earn more before the end of this year, 2018.

There is one simple question that'll get you the good answer , because the right answer is always holding .
If you are in desperate need of your money and you'll be in a very bad situation if you don't sell those coins then there is nothing to think about , sell them and get over it . But if you have the luxury to keep them and have an alternative source to cover your expenses then selling your coins will just be a 1000% loosing situation ..
Short answer : Hold if you can , sell and get over it if you need the money.

strongly agree with the proposal and opinion like this, because with this situation if it has better to hold or can also to buy and will also sell back at the right time

I think hold is the best way to earn more profit hold is the key to success wait until back to its price then go party. HOLD no matter how.

In my opinion it is better to wait for the next bubble so that the value we buy first not too far difference from the beginning we buy the bitcoin so we get a profit from the price, because for me if we invest in bitcoin it is very good if we patiently wait for the bubble to rise .

Bitcoin hold can be a good profit in the future. If Bitcoin's price increases in the future, but there are many risks in it. As Bitcoin's price can go down very much. What do you do then? If you buy other Altcoin, then it will also increase Bitcoin It can be damaged again. So you can hold Bitcoin considering it all.Thank you very much.

You can read different opinion from others and draw your conclusion from it, so you will have different perspective on your decision making and understand more about Bitcoin.

Bitcoin price is strong down and Many people loss big at that time, on december many people jumping on crypto/bitcoin because of the all time high. I'm actually one of them but I will keep holding the amount I bought back then because I know it will rise again this coming months and I will get back my initial money. Dont sell at this time. Just hold and hold. Trading BTC is so risk😊

Before selling it if you really need it for your needs it is very unfortunate if you sell it at current prices and it is far from the capital you buy. With the current price is very drop and painful, certainly you do not get the benefits and you will lose. If you want the benefits you should be patient to wait for the stable bitcoin price, and I know it is very difficult because the bitcoin price is declining and makes us all very sad.

Need more patience in that case. Hold you coin, market price are starting to recover. And i think after a month all crypyo currency price will be okey soon.

If you cannot stomach 70% drops, this may not be the asset for you. While Bitcoin Gold is likely to increase in value as the market gets reflated, it's not bitcoin, as someone else mentioned. Picking any of the forks, besides maybe BCH, will bring more long-term risk, in my opinion.

you better wait, patience and wait until the price rises again, this only happens temporarily, later the market will also improve. do not sell now, we know the price is still very cheap, you will be very loss if sell now. better be a little patient to wait for the normal price back.

if only I ask you to hold it first because the market is not good now at the bottom of the price now we just wait for it long term

My friend bought bitcoin at $17k and he still hold it. He believe bitcoin is long term investment and he not panic with market condition right now. I think you should hold it too and waiting maybe in next 2 years

If you do not know how to trade on the exchange, then it's better simply HODL
I've been keeping bitcoin since 2016 and I'm not even worried. I will not be affected by price fluctuations, because I bought it 10 times cheaper.
And yes, I sleep peacefully. 8)

After I read what you are experiencing, my suggestion should you hold it for now, do not take steps that will make you regret, then you buy Coin for $ 110, and now the price drops to $ 26, you will lose, anyone knows what will happen tomorrow, you should hold what you have now.

As you see, bitcoin gold will definitely have a hard time to recover. If you will sell it right away, you'll have a huge loss. You shall hodl it further, buy some more altcoins while they are on dump mode and let us wait for the bull run to sell them.

I think you need to have a plan B as you can sell your bitcoin gold to ETH and buy other altcoins that has potential to grow in a short period then sell that alts once you get profits. Then if you want to buyback some btc gold then sell your alts.

Holding bitcoin is good because they have possibility that your money will back. Your invested money was very little the better you gonna do is to buy more bitcoin because this is your chance to get more bitcoin with lower pricea and you will ba able to get more money on that.

Not only he there are many people who bought the bitcoin at very high will hold them because the cannot sell for low price. If they have more money now it is the right time to buy inorder to average the bitcoin.

Does Bitcoin's HODL or Not? But you ask about Bitcoin Gold. I will therefore respond to Bitcoin Gold.
Hard Fork Bitcoin gave Bitcoin Gold a new cryptocurrency with Equihash algorithm. The price situation is the same for all cryptocurrencies. Prices are based on the Bitcoin price.
If you wait for a further rise, do not worry, the rise will certainly come. At this price Bitcoin Gold $ 24 I would not sell. What value will Bitcoin Gold have, so price is given to him by people, be patient and your time will come.

Bitcoin holding is a bad strategy for those who have experience in margin trading. They can earn at any bitcoin price. But you need to have experience, knowledge and flair. If you don't have it, you better not risk it. Keep your coins and expect a rise in price. This will happen necessarily but in order to keep your coins you must have a guaranteed income in Fiat.

You must have your own predictions as well as trust in crypto coins. Do not be too hasty in making decisions, rest assured crypto will survive in the long run, and holding is the best way to make a profit.

As of now you need to hold your coins because the market price is still dumping or you can invest a huge amount of coins today because most of the traders are panicking and selling their coins which makes the market prices to dump.

Hodling is the best thing you can do at a moment as price is not too high and if you sell now then you will be getting less profits so try to buy as much as you can as price is low right now and in future it will bounce back which can give you best profits on your investments and if you sell now then you will surely regret in future when you will see much higher price of bitcoins.

You buy when the price is high, but why do you sell at a low price. Relax, this is not over and crypto can still increase, then holding will be the right choice to save your money.

Do not rush. And do not panic. Market prices fluctuate. You have to wait for the market price to go up to sell it. Or you can make an investment. And the rest you do to trade.

If a person is holding bitcoin for a long time then he should continue holding it for some more time, because price is trading too much low and if a person will like to sell he can only get a big lost, but if he will continue holding his bitcoin i think that it will not only recover his lost but will also make a good profit for him. You just need to hold your bitcoin.

In current scenario holding is the best option you can do with bitcoin as price is not too high and if you sell now you will be making less profits and whether to sell or not will depend on what price you bought your bitcoins in the past but make sure that you sell your bitcoins when price goes high an you are making good profits from as people who didn't sell their bitcoins when price was $20k are regretting till date.

If you do not like to hold bitcoins then why the hell you are in here? because it makes no sense after all. Just stick to this new technology and adapt yourself to it, its  gonna be the future

Lol. Bitcoin Gold? That's another bitcoin fork so I assume that it will get the same treatment just like other fork coins, they will just die a simply death. So did buy the hype so that's the price you have to pay. That's the problem with a lot of newbies with zero knowledge in crypto investing, don't buy the hype and it do did, learn how to exit on time so that you will not lost your hard earn money.

Again, this market is not for everyone to get rich as fast as you can, because you will be really got burned easily and lost a lot. So its either you get out of Bitcoin Gold and take the lost or keep holding and hope that one day it will be pump again.

I love bitcoins and that is the main reason of why i am still on here, otherwise i would just have sold all my coins a long time ago, i really like to hold bitcoins now

if you have been holing btc since december, then the best option would be to keep holding it. otherwise i would say that swing trading or day trading is much better and profitable than holding. it's like the same with holding the stocks during the market crash, better sell it when you see signals which can indicate bear market and buy it again with the lower price. holding is pointless

And what exactly makes you love them? Is it the speculative side (the profit potential), or do you add value its promise (being decentralized, no middle man, financial freedom)?

Most hodlers confidently hodl through peaks because they see converting to fiat as a step back, and I am somewhat on that side as well. I can always enjoy the higher levels with greater adoption by spending instead of selling.

Gold has never been a convenient means of payment, and that while it's constantly being praised as currency. Bitcoin as digital gold makes gold finally easy to spend. It's the use case gold never really had, but Bitcoin does. :)

Yeah, made a huge mistake.

Well, I'm 21 as of now. I'll learn gradually and have started to learn with my mistakes cause it's the best way to get learned and not repeat again I believe. Yeah I had zero knowledge to commit those mistakes but I was helpless cause I learnt to invest by my own keen of interest, But now I'm surrounded by good community like you so I can hope to progress soon :)

If I were in your shoes I would hold until the price goes up. Or i would sell with lesser loss.  If you sell at this very moment you lose almost half the price.  But every decision depends on you. This depend on how your are as an investor.

Isn't make sense if we keep on holding without even spending some of it.  Bitcoin isn't a bank actually,  it is another form of currency which we could used for some purchases. It only happens that isn't yet accepted as a method of payment that's why people are converting it into fiat money.

You sell and what's your next plan?

If I'm on that situation, I'll endure all the losses and will start holding waiting for the time until the market goes healthy again.

This is good situation for buying and holding cuz price is relatively low considering how much it was in December last year. If these two price are to compare then its ok to say that this is perfect time to buy.
Looking on some older charts see this is good time to buy similar path was back in 2014 and 2015 price drop then recovered in 2017 this could be good sign for buy, but not need to be.

It's our first goal we want to make a profit and we do not want to lose our money so this is good to hold if you see your money is lost because we know bitcoin price will go up in pefect time and many investors waiting for price increase from bitcoin so for me it is better to holding up so we can get a big profit someday.

Depending on your patience and trust, if you can be patient you will choose to hold when the price falls, believe the price of crypto will increase again, and for your benefit in the future hold it tightly.

for now more you save first up to 2 months ahead because I predict the end of this year prices will increase better.

The second option is not seems good.In a business ,we have to sell our product with some profit.It help us to inverse that money in other assets and increase our capability.I had only one answer for you,just hold your Bitcoin gold.You can convert the bitcoin into any altcoin as per your wish.

I current situation I will hold Bitcoin till it reaches $ 7800. I am going to sell it on that price and open short with the target about $ 3000. I will buy Bitcoin under $ 3000 hard and will hold it about 2 years.

My opinion is that hold bitcoin for a long time more. Don't worry about it at now and the future.

I prefer sell and rebuy

Bitcoin to hold since not good to sell today price is not reaching it's peak price. For me I prefer to invest also into different altcoins and not good to invest all in one coin. So hold your btc until you can earned profit by your investment.

If you cannot wait for more time then you can convert your money from bitcoin to Altcoin but don’t even think of selling your coins. You will lose lot of money because you told that you have bought bitcoin at $10k and today the price is about $6300, it means that you will lose $3700 against each bitcoin which is very big amount. Don’t be panic and wait for some more time.

As of now, the market is looking bad since it was down to $6k dollars, i highly prefer that you keep on holding your coins in order to avoid losing a huge amount of profit.

You will hold or sell your coins depending on the situation and as of today, the best thing to do is hold your coins because the market price is keep on decreasing due to people who are panicking right now because they are not well knowledgeable.

In crypto you have to use your patience, because crypto value is very unstable and full of risk, crypto can fall and it will feel painful if you panic, be patient if you hold then you will return to your luck.

Yeah, that is the idea and moreover, panic does not solve any problem anyway. One thing with every market is that there will always be time for everything and most of the time, and it is best to just relax and be prepared for those good moments ahead. So far, the only thing anyone can do now is just to be patient, the market generally has been down enough and for now, the possibility of a reversal could be there. One way or the other, what or however it is, holders will still always make the best of it in the long run.

This is not the right time to sell your bitcoin because of the very low price. Hold your coins till the price rise again and when you realize that now the price is quite good and you will earn handsome money from selling your holding then go ahead if you need money. If you don’t need money hold for some more time and it will give you more profit.

in my opinion, if you have bought bitcoin and have not earned the profit from the bitcoin you bought then it is better to hold the bitcoin you have, wait until the price goes up again and you get the profit

Yes this is the time to hold, the price of bitcoin started to pump. After a long time the pump happens very happy to see the continues growth of bitcoin. So hurry to sell now this is not the right time to sell. This is the time to hold the bitcoin because bitcoin will have more value to reach. Till that hold your bitcoin surely the price will have tremendous growth may be from august itself so just hold on then only the profit will be more in future.

So you are asking that whether it's profitable to hodl bitcoin gold or not. See you have bought in December when it was peak level and after that prices were crashed to lower levels. But now they are again recovering and rise in btc prices will eventually lead to price boost in BTG so hodl them until you get returns and then cash out your profits by selling your coins in the market.

In crypto you must have patience. Bitcoin is the best coin and bitcoin values can rise and soar. Hold and be patient, you will be able to benefit from bitcoin.

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I think until ETF, it's a HODL. Then it's a sell because I think there will be a sell off happening as I don't feel like it will be accepted yet. I think the date will be extended again ... maybe until next year. Howeverr, I really do hope BTC starts a new bullrun!

ETF decision is postponed again till 21 September, two days ago they said they are postponing decision because they need more time to study the proposals before reaching final decision, some thinks that's this rise is all about that. Anyone can see their statement in many crypto news.
It's hard to predict sell off after September, price will continue to rise until then but will it stop and drops in case that ETF reject proposals, or it will continue to rise depends from many factors, not just them. You can try to sell before their decision, but what if decision turn out to be positive, then you sold your investment for cheap money.