Bitcoin market value dropping again. sell / hold / buy ?

[rlcarriers123]

Hello guys, good evening.

As we speak, bitcoin market value now dropped to 7,866.00 US Dollar from 8000+ US Dollar.

What should you do in this kind of scenario ?

Are you going to sell your holding bitcoin?

or hold it more ?

or buy more bitcoin ?

Any idea you should do guys? Can you share it here ? it was a good reference for some who want to buy / sell / hold their bitcoin.

[ferrari123]

I am new here so I don't have experience yet regarding on holding, selling or buying bitcoin here. Because I want to earn bitcoin without using my pennies out of my wallet. I want to earn them by using my effort. As you said, that was a bad news for some holding their bitcoins because the price was decreasing. Yet, for me, I won't sell them. Instead, holding them and waiting the bitcoin to comeback, I mean to rise again. Because selling bitcoin when the price is dropping is a big NO. Selling bitcoins may affect the trading and make bitcoin price falling. Because the supply is increasing and the demand is reducing because some would panic due to decreasing the price of bitcoin and they probably think to sell it.

[bitcoin54321]

In my own opinion, I will hold or buy more. Because admit this, when the price is dropping in the market, there will be lot would panic and burst selling so the price will go down deeper. So I will wait the price will stabilize to its lowest price and buy as much as I can. And wait for it to go up again. I'm a simple minded

[CarltonWyatt]

Im very boring and I will be holding. I plan on holding until at least 2022. Value investing just fits my personality. I don't haver the time or patients to concentrate on charts all the time. Probably to my detriment

[Ayobami99]

I say hodl,   , it will soon come up. I see it going back to $18k by the end of this year, someone bet it 😁

[bitcoin54321]

I say hodl,   , it will soon come up. I see it going back to $18k by the end of this year, someone bet it 😁

I'm hoping too. Or bitcoin will be even more,

[rudik_ms]

If you have bitcoin, I would say hold. If you are considering to buy it, I would suggest to think again 

[Gamix]

I am holding bitcoin for now, as I believe it will raise back.