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Author Topic: Bitcoin price will go down 100%?  (Read 2187 times)
imkaoi (OP)
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January 17, 2016, 11:20:43 PM
 #1

I'm confused do i have to sell or keep my bitcoins any help?
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January 17, 2016, 11:21:49 PM
 #2

I'm confused do i have to sell or keep my bitcoins any help?

KEEP!


The price will go back to $450 soon (it's already at $390).

Under construction.
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January 17, 2016, 11:30:37 PM
 #3

There is not really a proper answer for this question right now.

Looking at the market, there was a flood of cheaper Bitcoin about 10 minutes ago, knocking down the average value around $5, to $383. This more or less resets the day's progress and thus the increase did not mean much, unless it can hit a similar value by the end of today. This is less than likely to happen, but it is possible.

For now I would argue that it is beneficial to hold onto your Bitcoin right now, and watch the market. If it gets too low for your preference, make your choice to sell or keep holding.

It's your choice, I'm not sure what the best advice is right now.
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January 17, 2016, 11:31:12 PM
 #4

It all depends on what your long term plan for your bitcoin is. Do you want to keep them for years. Spend them as any other currency. Also did you buy them at a higher price? If anything price is lower than I has been for a while I could be worth adding to your bitcoin as others dump in fear of it going into freefall.

imkaoi (OP)
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January 17, 2016, 11:50:48 PM
 #5

Thank you all anyways i hope the price goes up ... Undecided
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January 17, 2016, 11:58:31 PM
 #6

Thank you all anyways i hope the price goes up ... Undecided

If you're in Bitcoin for the long term and have invested what you can afford to lose, what I'll suggest is adopting a good wallet (if already haven't one) and locking up your BTC Wink

Under construction.
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January 18, 2016, 12:39:37 AM
 #7

There is not really a proper answer for this question right now.



There never is. Everyone has their own agenda here and taking advice can often land you in trouble. Make up your own mind and don't buy or sell just because someone here tells you to. Your guess is as good as anyone else's no matter how old their account is or how much they know.
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January 18, 2016, 12:59:48 AM
 #8

There never is. Everyone has their own agenda here and taking advice can often land you in trouble. Make up your own mind and don't buy or sell just because someone here tells you to. Your guess is as good as anyone else's no matter how old their account is or how much they know.

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January 18, 2016, 02:09:44 AM
 #9

Bitcoin going down 100% = Bitcoin going to 0

Of course won't happen, even if does, won't be in a sudden drop.

I would wait some more time before doing the next move
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January 18, 2016, 06:08:41 AM
 #10

Bitcoin won't lost all it worth , it never would end up on that scenario. If your just after selling it to make some profits, I would say, keep it a little longer as the value is getting stable some where between $370 - 380 at the moment and it goes in an upward scale, little by little then when it's beyond $430 an up then that's when you should sell.
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January 18, 2016, 08:02:10 AM
 #11

i believe that the value will go up almost another 100%, around 700 is a good estimate for the end of the year, this because the diff will keep incraese until july and miners will have the same position as before(when we were at 230)

so they need to have the same margin as now to have their cut, this will force another pump, you will see
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January 18, 2016, 08:09:04 AM
 #12

What are you talking about? Of course hodl your Bitcoin. The price has already started going back up. If you sell you will be losing out on extra profit.


 
 
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January 18, 2016, 08:15:40 AM
 #13

Bitcoin going down 100% = Bitcoin going to 0

Of course won't happen, even if does, won't be in a sudden drop.

I would wait some more time before doing the next move

I think this is a flawed logic, when the day comes that bitcoin is rendered absolete, the price fall will be very sudden, I think within 24 hours, as everyone tries to sell off their bitcoin, again this is my view Smiley

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January 18, 2016, 09:02:06 AM
 #14

Dont worry. Keep calm and use stop loss. And buy on panic Grin

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January 18, 2016, 11:20:59 AM
 #15

don't listen to all the fud spreading trolls in the media. just hold your coins and you'll be fine. bitcoin price will recover to its previous levels above $400 and then advance even further due to the block halving demand.
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January 18, 2016, 11:39:45 AM
 #16

Do not sell. Just keep your bitcoins. Within this moth end we are going to see, $500 price levels. World stock markets are trading in red. Bitcoin prices will go fly..

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January 18, 2016, 12:45:19 PM
 #17

Things are pretty much never 100% especially in a free market. The question is where do you think it is going to go? Do you still have the same faith you had before this recent dip? If so then there should be no reason to sell unless you have invested more than you can afford to lose, however i am not saying yay or nay i will leave that for you to decide. I sell some whenever we get massive gains like recently. Never when we are taking a dive that is buying time if you believe in it.


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January 18, 2016, 01:01:05 PM
 #18

If you believe in Bitcoin as the future of currency as some of us here do, then HOLD no matter what. Even consider running a full node if you have the resources. If you are a trader (which I don't think you are) then do as per your analysis (I personally think that now is a good time to buy). If you're gambling with your life's savings, don't. Either way we all have our own stories and reasons behind our BTC's.
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January 18, 2016, 02:29:06 PM
 #19

i think now is the time to hold because the sell time is past if you wanted to profit from the fall. now you should sit back and watch.

Bitcoin going down 100% = Bitcoin going to 0

Of course won't happen, even if does, won't be in a sudden drop.

I would wait some more time before doing the next move

I think this is a flawed logic, when the day comes that bitcoin is rendered absolete, the price fall will be very sudden, I think within 24 hours, as everyone tries to sell off their bitcoin, again this is my view Smiley

well something like bitcoin is not going to become obsolete in one day it is going to take a long time if it were to happen.

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January 18, 2016, 02:33:44 PM
 #20

i think now is the time to hold because the sell time is past if you wanted to profit from the fall. now you should sit back and watch.

Bitcoin going down 100% = Bitcoin going to 0

Of course won't happen, even if does, won't be in a sudden drop.

I would wait some more time before doing the next move

I think this is a flawed logic, when the day comes that bitcoin is rendered absolete, the price fall will be very sudden, I think within 24 hours, as everyone tries to sell off their bitcoin, again this is my view Smiley

well something like bitcoin is not going to become obsolete in one day it is going to take a long time if it were to happen.

Exactly. Some will still have faith and will start buying once the price gets too low in hopes that it makes a comeback. The decay will take a while as more people realize there is no hope. In the end I hope to buy all the bitcoin for $10. I'll be the last man standing. (joking of course)

Although I don't believe bitcoin will ever die.

Beware of scammers.
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