Price has dropped to $359 today, why not sell? I will sell if I feel if the pressure to too much to bear to hold these worthless coins that I bought for $100 more 2 months ago
If you are okay with taking such a big loss, go ahead and do it.
If you can stomach some more volatility, why not wait till the block reward halving takes place?
Who can guarantee this from happening? There is not some golden rule that this process will reap the reward of a huge spike. As you mentioned it is volatile. Meaning it can go either up or down, in a drastic fashion.
Thanks for motivating us. It is really a hard time for all of us as most of the users here most have bought coins for a higher price and some cannot afford their loses. It's actually a time when all should be encourages and I'm waiting for one positive news about bitcoin prices. Halving is a long wait but now if the prices fall below $300, not many of us would have any hope left.
At this time I don't have much hope for it right now. Hearn really fudded our expectations of a good year for 2016 being the year of
BTC