As we can see actually is still a price drop. I think is better wait and not sell now. I will get more bitcoin and i will still hold and until next year when i think we can get a better year for cryptocoins. Now i think whales will come again and buy more bitcoins before price grow.
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Welcome to the forum. If i be in your situation i will just hold , even if it i will need to wait 2-4 months for a bigger profit. I think bitcoin will grow in the first 3 months of 2019, and i think can reach over 15,000$ at that time, so nothing to worry in my opinion, the only problem is the time needed.
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I not recommend selling bitcoin now, i will still hold because i think we can see a good grow in future, but people who have bitcoin will do what they want with their coins. Let say i buy bitcoin at 6300$ and now if i sell i'm in a loss, but if bitcoin grow i can recover investition and make some profit, if price still stay down i will wait because i'm sure will go up.
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If you have bitcoin and altcoins is time to hold, if you have enough money and afford to buy bitcoin is time to buy now in my opinion. Even if the price will not go up in short time i think we will see a good grow of bitcoin price in medium term, maybe in Q1 2019, until then i will still hold and get more coins.
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I think now is the best time to buy bitcoin and keep holding for some months to get a good profit. I still holding my bitcoin even if i see again a price drop, and i will still hold even if go much lower and i'm not stressed at all because bitcoin will grow, only we need is time and patience.
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I'm not panic sell even if bitcoin go to 4000$. I'm only a little worried what will happen with miners if bitcoin price go to low, how much they will make profit? or will be in a loss or they not pay so high price in $ for 1 KwH? Here is 0.16$/Kwh so right now not worth mining, maybe only if will be a new miner launched with more TH and lower power consumption.
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As i know bitcoin has drop so much because someone sells bitcoin in amount over $19,5m and this caused this drop. I think bitcoin will recover, just have some patience and we should see a good grow if not this year, in Q1 2019. I will hold because i not want to sell for so low even if not grow as soon as i expect.
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BTC received. Thanks. In case collateral falls pm me and i will provide more once i'm online.
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Loan Amount: 0.005 BTC Loan Purpose: Personal Loan Repay Amount: 0.0055 BTC Loan Repay Date: 19.12.2018 or earlier Type of Collateral: 5000 PRiVCY Escrow profile Link: NA Bitcoin Address: provided once accepted
Loan request accepted. Collateral address: PGJAQzPaTdM15U1UDQUsDrmddRBj1XJiw2 Once collateral sent, send collateral refund address and btc wallet id. Tx id: https://explorer.privcy.io/tx/d96265ba47e9f14cbfcffbc9d9b25a883efdbe08aede40793a55a2b10ee26a0cBtc address: 3QZyhZsiUpiEGjCqA5e7dxEC1qeesQCsKw Priv address: PLVJPSQh5mZZbYBQmNBu23u8SuKECWg1HG
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Loan Amount: 0.005 BTC Loan Purpose: Personal Loan Repay Amount: 0.0055 BTC Loan Repay Date: 19.12.2018 or earlier Type of Collateral: 5000 PRiVCY Escrow profile Link: NA Bitcoin Address: provided once accepted
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I will still hold and i will not sell my hard earned coins for so low price. Anyway people will do what they want with their coins, and if they feed whales is only their problem. I think we will see bull run, if not this year then maybe in Q1 of 2019, so i have nothing to lose in my opinion and i will hold.
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Is just a price drop, as i heard on TV some foundation had get some large amount of bitcoin by buying with fiat money and hold it for some time and now tried to lose their trace and sell bitcoin on market and as i heard they withdraw money to another persons and after they will get commission.
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Yes is bad for altcoins that bitcoin price drops. I think we need in future to have for top altcoins pairs with fiat EUR, USD, GBP... not only with bitcoin, to have a possible stable price for altcoins and at least to not see a huge drop of price when bitcoin drops so low to not have so much affect on altcoins price.
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I get into crypto over 3 years ago, and after i register here. First time i get some bitcoin from a forum and after i made coins by walking, but now that project is dead unfortunately. Now i trade but not daily and i made a good profit from last year until now, and i still waiting for a new grow in price for altcoins.
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I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.
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I trade on Cryptopia first time, and after time passes i keep trading on Cryptopia and Binance, and all works very well. There was a time when on Cryptopia was some problem with deposits and withdrawal, but now all works good and i keep trading on Cryptopia coins that are not listed on Binance. You can try both and see how going.
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Depends what he preffers, if he choose bitcoin than he maybe need some good amount to start to get profit. If he choose altcoins is easier maybe as exchanges not ask for kyc if he trade altcoin but if he trade BTC/USD BTC/EUR BTC/GBP or any pair to fiat money exchanges ask kyc. I think is better for start to trade altcoins, and say to him to invest only money that afford to lose.
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I invested in top 100 coins, not in all obviously, but i still hold coins because if i will sell now i will have a loss. I aslo invested in not top ranked altcoins and i get more profit from them than from top 100. You should invest only after research in the coins you want to invest and possible a long time is needed for 10x profit, and invest only money that afford to lose.
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No one with some history on crypto world will believe you OP. They will still hold their bitcoins because they know in future will value way more that is now. Now i think is only someone who try to get bitcoin for more low price and get more coins and hold, and possible some whales tries to spread FUD and get the price more deeper than now.
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