Bitcoin Forum

My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?

I will advice you to tell your Dad not to worry about the price now. For now we are not in the green moment and we will surely get there so he should just relax because me I trust btc and it will surely shoot up soon ;D.

What was the reason why he came into the market?
If he had planned to hold it long term, and believes in it. Then why worry about what the price will be the next day... You're in it for the long run so put it aside and wait some more

Let him hodl for now. Bitcoin is gradually rising up again. It's a very good sign to hold. Strong hopes will always triumph  ;D

Only a paper loss as long as he doesn't sell. It is much easier to hold than get mentally traumatized by selling at a low price only to find out that the price pumps the next day. Show him the the past graphs of bitcoin, it might ease his mind knowing that every year, it closes at a price higher than the previous year.

Paying too much attention to price has no effect. If your father intends to sell his bitcoin, then it can be sold now. There is no need to consider too much.

Any investment (not just bitcoin) should be done with the intention of holding long-term. Trying to time the market is a fools game and will lead to massive losses always.

Your father shouldn't invest in the first place if he's afraid to take any kind of risks. Selling it at a lower rate is not the best idea to make that'll only make him lose money. Tell your father to stop looking at the short term prices and always show this chart to him whenever he gets anxious with the price of Bitcoin.

This image was from an old thread by Trololo (thread (https://bitcointalk.org/index.php?topic=831547.msg9293342#msg9293342))
https://i.imgur.com/XnvT26Y.jpg

Tell him to hold it for now , since the price isnt that good. And ask him not to worry about it. Bitcoin price is so unpredictable so if he hold it for the mean time theres a chance that he can get a higher profit in the future.

Did you at the first place discuss the nature of the coin to your father? If Yes then why is he anxious about the price. He will surely reap the best out of it when the time comes.

I advice to your dad that hold it and sell it when the price is good enough. Tell him that investing is a risk and if he want to earn higher profit he must not afraid to risk. Give him some information so that he can get enough knowledge about bitcoin.

if your father is an old player on bitcoin there is certainly no concern about bitcoin prices, there is nothing bad to fear in the future bitcoin

4 BTC, that's a decent stash! Tell your dad to definitely HODL and to take a break if the price is causing him too much stress. Just believe in the tech and you will be fine. Something Tom Lee has said is that a majority of Bitcoin's gains come within a period of 9 or 10 days. So even if you are red during a majority of the year, those 10 days you do HODL you will be way up. Convince him to HODL, because if he sells at a loss, he will be hating it even more when the price soars back to $20k.

4 BTC it is a big fund dude, dont sell at a low price if you dont want to lose, I suggest you tell your father to hold bitcoin. 4 BTC owned, should be able to get a good profit by doing daily trading or if you want to get a big profit, I recommend for hodl in a long period of time and tell to your father about the future bitcoin and bitcoin price chart from year to year

this is a fantastic post.  Selling at a loss can be quite traumatizing, I'm still kicking myself for selling at a loss before and the memory still burns in m my mnd.

Prices in btc always fluctuates and you need to let your dad know about that. And even in the beginning you had to let him know this before letting him invest into it.

Do explain to your father that it is normal to have fluctuations in the value. Advice him to have the patience and hodl as this can give him profit after some time.

For you who fear about bitcoin price you can sell at higher price when you buy even the profit not good at least you not lost. If you think not secure to hold bitcoin just sell and make investment in housing or land or other investment platform. No guarantee to hodl bitcoin it is only for adventurer of investment platform.

Bitcoins holding is the best way your father can experience a return on his investment so I will advice you to admonish him to continue holding till a specific time before selling it off.

not to take and read some fake news this is also affect the way on how you may decide , tell also to your father that everything are been controlled for so he should be stay calm no matter what selling is not a solution.

Maybe because your father is a long term holder so he is just waiting for the moment that hin investment will increase so he can cash out anytime, all of us are all anxious about the price, but different scenario some are day traders so they want the volatility of the price because they are taking advantage on it.

This price shown in the picture is amazingly applicable/relevant even for nowadays!

We all should know that bitcoin is a volatile crypto currency and apart from being volatile , it is a kind of investment and because of these two factors the valuation of bitcoin flactuates but I don’t find this thing to be get anxious about because the pumps and dumps are very common in every kind of investment but people don’t understand this and because of which they are now in panic selling of their bitcoins but I think this not something that one should worry about and I am sure that the time will come when the valuation will inflate again.

people are anxious about bitcoin price because it is not stable.At times, it is hugh, at times it fluctuates.That os why we need to monitor the going up ang going down of bitcoin price.

woww...4btc is quite a huge amount you know but hey just explain to your father to hold unto his bitcoins for a while k. Currently the price keeps has started to rise and i am very sure it will run very high soon for him to sell because that is the only way he can earn some huge profit. Unless he bought it around 6k himself.

I felt bad for those people whowho take the price of bitcoin seriously. To be honest there's really nothing to worry every time that the price goes down. I think instead of dwelling in thethe bad side you should focus on making your bitcoin grow. Nothing will be done if you will be anxious be ause it doesn't help at anythe cause.

I really think that there's nothing to worry every time that the price of bitcoin is falling. That won't do nothing so don't focus on that my friend. Instead of dwelling in the past give attention on your goal. Falling of price is just normal since bitcoin is volatile so be used to it. Don't you ever get depressed or anxious for tomorrow will be alright.

What? he want to sell at low price? tell him that's not the way of panicking. You're losing a lot of opportunity if your father will sell right away. It's okay to hold and if he can't take the pressure of watching the market then tell him that he shouldn't be looking at it.

Tell your father to ignore the short term volatility, because that is what is making him anxious. A person that is checking the price every few hours are more inclined to panic and sell early, than the person that check the price once a month. He has to remember that Bitcoin is a long-term investment and not a "Get-Rich-Quick" short-term scheme.  ;)

The technology has proven that it can stand on it's own, now we just need to wait for the mainstream public to catch onto that and appreciate it's real value. <This can take time or it can happen over night, when a fiat system fails>   ;)

When did your father buy the bitcoin ?, if it is now a profitable situation, sell it while there is a chance, and while in dire need of money.

The price has dropped a lot. Do you still hate that you sold your encryption? The current price must be several times higher than when you sold it.

Reinvest.. take out your intial capital then reinvest the remaining, its a high risk but the profit would also be high..

He can go ahead to sell them right away. Cryptocurrency is not meant for anxious people. It is meant for those who are determined to hodl no matter the situation. Why did he not sell it when the price was higher at 20k usd? Now that the price is low that he wish to sell. No one decides for the other in crypto, the currency is his and he chooses what to do with it.

Well, there are two things and choosing a side is not easy. He can sell it low now but he's going to regret it one day. He might stay happy for some days but one day he'll look at the price and will marvel. The other side is that he can HODL but he's going through be stressed a little looking at the market situation (anyways if he's HODL 4 BTC until now, it means he can surpass any stress in life). So he has to choose one side if which I'll advise a HODL if only he's not in a dire need for the money.

We cannot determine the market`s price in the future; however, the belief that it will bring the very potential and possibility of increased price would give us the standpoint in making this investment better. Thus, investment is something we really give risk - especially when we talk about our btc. The only problem that makes as bother about our investment is the way how we look it as means/source of our income and desperately aim for a higher price. That mentality would lead as to discouragement; since we really attached ourselves on BTC (the need for higher profit over the aim to reach higher price) would emotionally destroy the strategies of our investment. The motivation to hodl and the faith of success would likely be remote considering such discouragements.

Tell him not to sell because the Bitcoin is all about future, holding the position is best he can do but if he sell now am sure he will regret it later, he can always use another fund to buy more or any other coin and put his mind away from the one he is holding, crypto need fresh money to grow not about selling .

Price is very volatile that is why there are people that become anxious when the investment value goes down and do not see any profit from it then lose their hope to increase again the price because what they do is keep watching on the price and the circulation in the market. People have to be anxious and analyze the market again and again to make sure that they will gain profit again.

That's why I'm not even investing in bitcoin because it is too risky so I'm decided to hold like 0.1 btc or more so I can penetrate loss.

He shouldn't have invest in the first place if he was this scared or don't want to take anymore risk. Price always fluctuates just try to explain it to your father more

It seems that your dad didn't know exactly how the real trend flows. You should have discussed to him how volatile cryptocurrency world is. And besides, investing ung this firm must be with the purpose of  a long term investments. If this is clear enough for him, he shouldn't feel anxious about it. Well, just comfort your dad by encouraging him to hold and tell that soon everything will be fine. It is also good for him to stop thinking too much about the price to avoid anxiety.

Now, no coin is great anymore, because almost all of them are falling sharply, if there is investment, they can choose BTC, because BTC is always the safest coin for us to head. Into this cryptographic market.

I think you should let your dad understand the market cap and volume of bitcoin. This will kinda let your dad get to know what actually predicts the price of bitcoin and will help clear some doubts he might have.8) 8)

Do not sell it for now because the price has started to increase, I guess these following days and months price of bitcoin will increase and will hit at the top of the market so better hold bitcoin for now. Bitcoin as I have observe will no longer get down in price instead it will boom soon. This is only in my own opinion but the real decision is up to yours.

The main thing is bitcoin is volatile. And that's why it's price is continuous changes. So don't be anxious because of its current price. It will again increase after a certain time later. Just hold your bitcoin until its price going in an upward direction and after that, you can sell it at a higher price and make a good profit from it.

Don't look at the bitcoin prices everyday then you may get scared even if there is a small dump in the prices.The price fluctuation is a very normal thing in the crypto currencies and it may dump or bump at any time but if he can hold it for few more years then he can make lot of money,just look at the bitcoin price chart that will make him to hold.And one thing don't sell at lower prices.

It is very difficult to give advice to you, at what price do you buy BTC?
if it's profitable you can sell it now, my advice is to follow your intuition. I mean your father's intuition  :D

If you bought the Bitcoin in 2013, for example, having been hodled till now, "I should have" Bitcoin is a lot less than three in three. In fact they are more than 20, like 1. When you see Bitcoin Whales showing their fat portfolios, it is easy to guess. The shops that are working fast, but the reality is that most people are in the same boat as you - the one behind the boat is that they have a long room that they want.

As you can see, everyone in this forum advises you not to worry about the current fluctuations in the price of bitcoin. I think that's a good suggestion, friend  :)

Calmly advice him (dad) to take a cue from early hodlers of bitcoin who had made a good fortunes or profits through hodling, obviously bitcoin has a brighter prospect although market has not been favourable since the beginning of the year, however as we enters Q4 of the year the price might be bullish.

That's why many people get anxious was because falling of bitcoin, they afraid that because of decreased price they can't get a profit that fit to them and they get a low profit.

Well, since its your Dad BtcBTC the decision in the end will depend on Him still. But you can tell Him that there's nothing to worry about the price of Bitcoin while for now is down, but surely if your Dad will be only be patience and keep hold his Bitcoin, it will surely He will get the profit for what He waiting for, this is just a normal things to happened in trading market. Besides, there is no other way that bitcoin at the present will comes up to increase again. :)

I think there is something to worry about. The market is only going down since December 2017. Bitcoin is never back up and it is falling more and more, so if we are real we say that there is something to worry about. But the majority of people who have invested in it grow so much that despite this declining market, they believe that Bitcoin will return to $ 20,000 or even more. IThis people are dreamers, they believe in it anyway. Bitcoin and the blockchain offer us a new revolution, like all revolutions the beginnings are always difficult. When people like you and me believe in it and invest, we can see an incredible rise.
We just have to wait to know what will become Bitcoin.

And I hope that those anxious know the risk involved as well. And for sure their mindset tells them that bitcoin will go on a parabolic rise which is not true, not they are emotionally attached and I'm sure that selling at a low price has crossed their mind, but how can you profit if you cash out at this time? So before investing, weigh in the risk so that you will not be affected if the price goes up/down.

People are anxious about bitcoin simply because the people are so afraid of being fail and I want you to know that greatness starts from failing and then rise again to stand on your feet to proceed to the future.

Advice : Don't sell.

If you see below the entry point of your fathers first purchase then surely its big loss. Depending upon when he bought the BTC and what was the prices at the time of purchase he may be at the prime loss. I guess he should not be selling unless and until he at least reaches the point of break even. This is the point where your father wont be getting any losses and he will be able to sell before he could get any loss or profits and thus may get what he invested back.

But you should be supporting your father and telling him not to sell because most of the market is down naturally and we can not do anything about it yet. Its better to hold onto to it for the good trade.  ;)

You should discuss with him about how the world of electronic money is volatile. If this is clear enough for him, he should not feel anxious about it. It is also good for him to stop thinking too much about price to avoid anxiety. Selling off now will not be a good deal but holding for the future will be good as the bull market starts. Also told him to stop checking the price in another to reach a calm nerves.

why people are distressed at the price of bitcoin because of the extremely low prices that weigh people to achieve high prices of bitcoin

As long as your father did not sell his bitcoin he just lose the value but not the actual bitcoin. Better to explain to him that the market will recover soon and the price will rise that can reach back to the all time high if he will have patience to wait for the market recovery.

You have to know that you should tell your colleagues not to worry about the prices that will take place once and sometimes it will increase and sometimes down. Right now we are not at those moments and we will definitely be there so they should just relax because of me I trust a bitcoin forever and it's definitely something up soon.

Did your father know this forum? if not, my advice is he hd better knows this forum and can create an account to ask something about his investment. Investment in bitcoin is not enough just look or read at a media, but it is necessary to participate in a forum and discuss about bitcoin. I have no experience in investing in bitcoin, but at least by knowing this forum and being active in this forum I am always sure of the decisions I made, and I took the decision from several people who discussed this forum.

According to me, your father needs to hodl the bitcoins because it has a higher potential to grow more in the coming years. And another important thing you have to tell your father, that is bitcoin is volatile and decentralized, so no one has control over it.

Do not worry about its current price. Just keep your bitcoin until its price goes up and then you can sell it for a higher price and make a good profit from it. Price fluctuations are a very normal thing in the electronic currency and it can pour or hit at any time, but if he can keep it in a few more years then he can make a lot of money, Just look at bitcoin price charts that will make him to keep. It is difficult to give advice to you, at what price you buy BTC? I mean your intuition

I don't know what your father did since your post, but if he still has those four Bitcoins he should hold them until December or January when prices are usually at their peak. We shouldn't be anxious about these things coz it may lead to panic. And when panic hits us, bad things usually happen.

Don't let your dad drink too much coffee because he could hit the sell button accidentally. Tell your dad to drink green tea as an alternative because it can make your mind relax and rejuvenate. You also need to tell your dad to look at the history of bitcoin in the chart from the beginning of its creation.

show the possibilities of bitcoin, if he bought them for $ 1000 and succumbed to panic and sold for $ 700 in 2016)

The stores are operating very fast, but the fact is that most people are in the same boat with you. I think that's a good suggestion, sir. I think there is something to worry about. Bitcoin is never backed up and it is dropping more and more, so if they are real, we say that there is something to worry about. There are still many dreamers, they still believe in it. When people like you and me believe in it and invest, we can see an incredible increase. People are worried about bitcoin simply because people are so afraid of failure and I want you to know that the greatness starts from failure and then rises again to stand on your feet to future

Naturally anyone that have invested in bitcoin will be tempted to check the coinmarketcap everyday. What I do to reduce my anxiety towards bitcoin growth is to split my money and invest in other promising cryptocurrency.

Well, your father is a normal person who afraid his coin value will drop even more than the current value.
Bitcoin and cryptocurrency has dropping since Q1 in this year, and now looks like reached it's bottom.
My advice is sell your coin when you need cash, but if you not needing any quick money, just wait it patiently for rise of crypto in the market.

There is saying "Do not invest what you cannot afford to lose" if he is prepared to lose his investment then go on and sell his bitcoin, at the end of the day that is still his money. But if he still have the patience, at least wait until the end of this year, and observe just a little more because who knows bitcoin could skyrocket again right?

I know that most of us are anxious about the price because its unpredictable. If he really need the money this time then let him sell it but if he still have the patience to wait so he can have huge profit then that will be good. Tell him to hold and wait.

Same, why you have to worry about bitcoin price? You must know that bitcoin is not stable, the price always moves but you can believe in its bright future and invest in bitcoin

Bitcoin price is really not encouraging at all. It is currently stucked at $6k range. Not making a significant improvement right now. Dude, your dad selling his btc right now is a terrible mistake. He should hold on for a while because btc will at all cost rise to an appreciable value.

If there is adequate research behind that investment decision then I don't see any reason for getting uncomfortable with the situation taking place in the market. Bitcoin is a part of the highly volatile wild crypto market and expecting stability from it is not a wise thing, in my honest opinion. Crypto is all about self-responsibility and hence one should invest his time before investing his money and one should never invest more than his loss-bearing capacity.

Great. Your friend has 4 bitcoin and this is big money. I recommend convincing your dad, and keep bitcoin. Do not worry too much bitcoin price is quite stable. Be patient in the next few months, I believe the price will increase

It's always very bad decision to sell with lost.
Crypto market is different than Forex, for example, so we don't need to cover all loses.
I think that the best strategy here is to hold and wait for the price increase.

No need to worry about the usual up and downs about the happenings in the world of cryptocurrency. My plan is to hodl whatever crypto I have at the moment and hope for the best to happen. Patience is key in order to be successful in the world of crypto.

there is nothing to fear if you are a bitcoin holder. prices will improve in the next few years because bitcoin is the father of cryptocurrency and they are able to build value. Current market conditions are due to dynamics and are fair in trading.
make your bitcoin long-term overcome so that it will provide more benefits

Ask your father first to keep away from keeping up with prices on a daily basis
Ask him to make it a long-term investment
The sale of panic will not reap from him only the loss and then remorse

He did not have to spend money in things he did not know.

The only advice is to hold, making sure the btc is in a safe place, and then sell in a bull market. Show history graphs to your father and let him see the cycles and the point at which we are now.

Well you must tell him that if ever that he sell his bitcoin then there is a chance that he might regret it why?because the price is unstable so anytime it will rise and he already dont have the chance to grab that opportunity because he chose to sell it. Tell him to stay calm and hold his btc. I know that its risky but somehow it protects his btc.

I think in every speculation there is a risk, and if bitcoin grows back it will be a regret for your father.
once again this is a matter of experience, knowledge and searching for all sources of information to ascertain the stage of speculation decisions.

Every bitcoin player must always check the development of bitcoin prices every day, because it will be related to the bitcoin value they have. Because it is a property that can change his life for the better, so he is always watched and guarded so that he does not lose it.

I give you advice don't sales now this lower price then your father getting lossing.i have said that your father knows Bitcoin price is always unstable?if he know about think then need to hold and panic time. unfortunately,I know many people getting to loss now this time.so need to hold and waiting when again Bitcoin price going to up.

I think for your father, you should have taught him well about how the price works, it really is frustrating once you see the price falling down, patience is the key for you and your father, after the dump there will always be a pump. And I think that now is the perfect time to HODL because you will see the price recovering and not only Bitcoin but the whole market as one.

for now, it's only natural for me to be nervous. but, I think, selling it right now is pretty difficult, because I think the price of bitcoin will be even higher. well, many feel that the price of bitcoin will be above $ 5,000 in 2019, and I believe that.

I am also anxious since my altcoin profit depends on bitcoin's price. But it won't stop me from waiting for bitcoin's price to bloom. There are still developments that undergoes about bitcoin so it would still improve. Don't let speculators change your mind since those are just assumptions without reasonable proof.

Currently, Bitcoin price did really reach the lowest rate record of the year and their is no clear sign of a healthy market for Bitcoin and as well as the whole crypto currencies but still i will advice to extend patience and keep on holding as what is the point of selling it low right now? in which it will just surely lose your investments. Bitcoin is good for short term and long term investment in which there is high assurance that our lose investments will be take back and earned more.

You should explain to your dad that in Bitcoin and actually all cryptocurrencies he should invest only in the long term. Show him historical Bitcoin price charts and explain that after each bubble there is a price correction and after each correction another bubble.

I'm also anxious even before because the price also depends on ICO projects and other campaigns, investors usually decrease this time since they hold coins to avoid losing profits, people joining campaigns might get a lower share or reward

if your father believes in bitcoin, I think you can advise him to hold your bitcoin and I think that holding bitcoin is more good than selling at the lower price. but if you want to quit in bitcoin, you can withdraw it

right now the price of bitcoin is increasing, and it wil lbe the good time to investing and holding more and more bitcoin agian and again so if you have any bitcoin just hold it until the end of time

The most common advice that a literate bitcoin investor can give you is to keep holding your coins. It makes no sense to sell them now that prices have dropped so much, you will only lose your profits. Wait.

I consider myself a true believer in bitcoin, so of course I recommend you in no way sell your coins. If you and your father are also confident in the prospects of bitcoin, then do not hurry with the sale. I think that bitcoin will recover and you will still be able to get your profit.

I think that if you invest in bitcoin, then only use a long-term investment strategy, or as it is often called hodl. We see that the price fluctuates very often and falls very low, but this does not mean that this price is final. Everything will recover, you'll see.

I think you should just show your father a graph of bitcoin price dynamics, and then you will see that from the very beginning of its creation, the coin has grown several times. All these price fluctuations are only temporary difficulties for bitcoin.

It's normal to be anxious when you think about the possibility of losing your money. From what I can tell your father probably invested all his savings in bitcoin and now his just waiting for the price to go up so he can get some profit but hes gotta understand this is a long process that could take months and probably years so there is absolutely no reason to worry about it now. Patience in very important when you invest in bitcoin since the orice could change like the wind blows, one days it goes up 10%, the next day it goes down 15%.

I think you're still in profit if you bought it at ICO price, $100, even at $1000. They all just want big profits from out of nowhere investing here. We all know this bear market won't recover soon enough for everyone to be actually into it 'again'. Maybe in another year or so but not soon enough.

"Temporary difficulties"? What is that? Something that ITs or the maintenance should work on so you coined the term "temporary difficulty"? That is not. It is normal for Bitcoin and any other crypto currencies to dump or pumo, why? Because they are volatile. They are not controlled by any thrid parties and the only thing that makes it going is the demand of it by us, users or investors.

Maybe your father bought bitcoin with very high price in the market when the price reached peak at the end of year 2017.
Selling with a lower rate was a good decision to cut the loss, but if he want to sell now, better not selling and keep holding.

Any update regarding your pops decision? if OP is still there, you should tell and ask your pops many times if he's in serious manner and badly needed the money.

If that's the case, you can't do anything with that if he feels hopeless with bitcoin after encouraging him many times that bitcoin will rise again soon. Otherwise, teach him to buy at dip.

The price of Bitcoin continues to fall worrying about bitcoin owners, for fear of suffering losses. But for long-term investment, you don't need to worry because the price of bitcoin will definitely rise again, and will provide profit to the holders of bitcoin.

Of course your father should keep holding bitcoin. There's no reason to sell it now at such a low price, because such a drop is not the end of the technology. It still has a great prospect for growth and that is why I advise you to continue to keep your coins.

Very important question too is how much your father paid bitcoin. If he was in profit, scare of losing funds could make him thinking about selling it or staying on hold. Even then it is hard to make any decision, bitcoins value was decreasing very sneaky through whole last year, making people to think of the trend as something that is current and that market will recover soon. Should I sell or wait is question that no one can give right answer based on the valid facts. I hope that your father sold the coins then and that he bought them again on double cheaper price.

Investors are keep worrying to the price of the bitcoin because they are scared to lose their investment. They doubt that the market will fall again and it is the reason why they are noe panicking.

So your father needs to hold his bitcoin and don't need to sell at lower rate. But maybe your father can try to trade with 0.5 btc pair altcoin or usdt so he can have an opportunity to increase his bitcoin. I think that is an option for your father while he is waiting for the bitcoin price to rise again to the high price. I think it's better to do trading rather than just to hold his bitcoin and don't make anything.

It is a natural response for anybody to fear loses. It is a good option to sell if your btc is really needed at the moment but if not and you are not afraid to lose you can just hold it no matter what. If your father can wait for longer time then there is nothing to be afraid of. For sure it will be up in price 5 years from now or maybe 10 years after. But if not then I may suggest to sell it he can't hold it for long.

When he bought his 4 bitcoins? If at a very high price - the solution is one: to hold Bitcoin until the moment when it will be again profitable.
If your father bought bitcoins at an average or low price and the loss is not so big, then let him sell half of them, so it will be quieter.

The thing is, if your father is anxious about his 4 btc's he's probably going to be more anxious if he tries to trade some of that in the alt market where the volatility could be worse. If he doesn't need to sell for any important reason, i'd say try to get his attention to other things. Selling at a loss is definitely not the best option.

It is common for any one to doubt and 4 BTC is a considerable amount so it is ok to become anxious but some does that unnecessarily and make decisions by panicking which makes negative effects on both the market and them self in vain  and that is why most of the time bitcoin prices move down even it is doing great than in the past and everyone should understand bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so abundening in today means loosing the profits that can gain in the near future so doubt will never do good for the bitcoin market or the investor   

Becoming anxious is natural because bitcoin has a high volatility than any other trading asset in the financial world but I don't see a significant reason to worry about its future because now only it has started to recover and progress than in the past and I say that because few years back bitcoin was just a trading asset for greedy people who used to make quick money and nothing productive was done using it but now if you search the internet there are many options and facilities to use or pay using bitcoin and that is strong evidence that it is going in a successful path and that is why your father needs to hold his bitcoin for some time to make a considerable income

Investors are anxious because we saw a huge drop in last year and most of the time bitcoin will progress in this year but I hope the holders won't make decisions by panicking in these days which makes negative effects on both the market and them self in vain  and that is why most of the time bitcoin prices move down even it is doing great than in the past and everyone should understand bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so abundening in today means loosing the profits that can gain in the near future so doubt will never do good for the bitcoin market or the investor   

I would say that advice your dad not to sell them now because the ship has already left. The price has already dumped so hard that now would be a very bad time to sell.
There is no guarantee because it can be even worse after this but as an optimistic I believe bitcoin will survive in the long run and recover the price in a few years.
The best thing to do would be to keep on holding the coins if there is no problem in doing so. If there is an emergency or a need for fiat only then sell the bitcoins.

Tell your father that nothing to worry and teach that bitcoin is the fittest among all digital currencies and there are more than enough evidence to believe that Bitcoin market is recovering but it will take more time than we expect to come to a certain level because the drop was much higher than any other time but there are many evidence to believe that it will recover in the future so any investor today can certainly invest with confidence to make remarkable profits in the future but patience and courage is significant until the end

Sorry to say but there is no grantee that price will be up in feburary. There was one hope that ETF will be approved on 27 Feb, that too is now gone as there will be no etf this year.
Many holders of bitcoin including the OP are really in fear as they think that bitcoin will fell even from 3000$ mark and it will be the star of very long bear market.

Doesn't matter anyone become anxious and it is due to the market condition which shakes even experienced investors but the truth is no other currency in the crypto world can face and also survive that bitcoin has faced and I think there are major reasons why it has the capability to do that and one is the demand or power it has gained as the first digital currency in the world and another reason is bitcoin enthusiast because for any currency to be alive there should be users and without that no currency can continue and even bitcoin lost considerable amount of potential holders still there are many users from the beginning until now and that helped bitcoin a lot to survive with these restrictions or barriers and that is why it will continue to hold

Hey you’re right Bitcoins prices are not guaranteed, but I don’t feel one should sell at current levels rather I would advise to buy and hodl at current levels. I’ll agree the Etf news was bad, but it was a logical move and the entire blame goes to the shutdown of the USA government. I don’t feel prices shall fall below 3k levels, we may see a rally if it crosses 4K and above levels.

I do long term investments and I an considering about my self as a bitcoin trustee but even I feel it is very easy for any one to doubt but some does that unnecessarily and make decisions by panicking which makes negative effects on both the market and them self in vain  and that is why most of the time bitcoin prices move down even it is doing great than in the past and everyone should understand bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin

I think it all depends on what purpose he pursues. Based on this, there are different options:
1. Constantly trade their bitcoins. Sell ​​at a higher price, buy back at a lower price. This option requires a lot of knowledge, effort, time, experience and skills.
2. Just hold your bitcoins, but he need to set a goal, that is, at what price he wants to sell it. Until the price reaches the desired point, don't even worry. This is a successful strategy that doesn't require any special knowledge and effort.
3. Sell  bitcoins at a loss and then regret it. Especially in 3-5 years, when the price of bitcoin rises to unimaginable values.

Since I do daily trading and make profit on this, my advice would be to study trading and start trading.
But a person doesn’t always want to do it, so I consider holding as the second acceptable option.
The third option, in the situation with bitcoin, I consider stupid and unacceptable.
But let your father make the decision.

Being anxious can cause serious problem in the long run if not treated  and the wors part is that it can lead to panic selling  .  so why not blame those who panic sell ?  They are the reason why bitcoin is dropping like a bomb  .  we must do something to combat this epidemic  . we need to save btc before its to late  .


Btc is hard guess even before when it first came out , due to its high volatility but you dont need to worry that much because its normal  .  btc can be fine soon .   so far btc is still the king and it cannot be replace so easily   

We all know that Bitcoin prices have dropped sharply after a fairly high price increase at the end of 2017, and until now there has not been a surge in price increases that can exceed the highest price Bitcoin has ever reached. If your father really thinks of avoiding the risk of a greater loss, then he wants to sell it, so I think that is something to do because no one can ensure that bitcoin will rise again the price is much higher than the previous price seeing the market situation this time. But if your father still has confidence in Bitcoin, you should wait for the first quarter of this year, maybe the price of bitcoin will rise and your father can avoid the risk of loss from the investment he made.

Market keeps on moving ups and downs, it seems to be very uncontrollable. It's very important that we are aware, knowledgeable, and well-educated about its nature, so we will be able to learn how to deal with its trend wisely and strategically. Feeling anxious is a normal feeling but don't let it distract you too much, don't be too affected with it because it doesn't help at all. It only hinders productivity and success. Take a look at the brighter side and don't lose hope.

Anxiety is brought upon by stress so if youre stressing the price of Bitcoin, this is where your anxiety is coming from.
For a person to buy Bitcoin at a price of, for example, 5,000$ and now see the price around 3,500$, you can become anxious to when you will recover your money.
This is very common in investing or the little investing I do.  But its a feeling that is difficult to avoid especially in the crypto market.

If he bought his bitcoin at $18k-$20k price then he has the right to be anxious  ;D. Well, he has no other choice if he wants to recover his loses but to hodl and wait. Though it cannot guaranty him to recover it in holding but at least there could be a chance unlike if he sells it now his lose will be sure and there will be no chance for him to recover it back. All investment is risky and it is compared to gambling too, so no pain, no gain. Better lose in trying than lose in not trying at all

If indeed your father feels anxious and unsure, I think it's best to sell even at a lower price. Because no one can ensure the price of Bitcoin will rise again, maybe the price of bitcoin will actually go down even further. That is why if there really is a need that must be fulfilled and afraid of the risk of loss that is greater, then in my opinion it is best to sell the bitcoin that your father has from being a burden of thought which ultimately makes your father stressful later on.

Usually, peoples who anxious about bitcoin price are they who have many coins in their possession.
If you have only some fractions of bitcoin, then you won't be anxious about it because you won't loss much if the price going down.