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Author Topic: Now that prices are dropping, should I still hold my coins?  (Read 1400 times)
pandalion98 (OP)
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June 21, 2016, 03:33:12 PM
 #1

Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?
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June 21, 2016, 03:47:00 PM
 #2

I think we should wait for the halving, as it is predicted that price will start rising again from next week, and everyone is confident that price will be higher at halving.
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June 21, 2016, 03:50:06 PM
 #3

It also depends on what price you bought your coins at but I would just continue with holding. I still believe the price will climb up to $800 prices before the halving takes place.
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June 21, 2016, 03:52:57 PM
 #4

If you have to ask you probably should not be in bitcoin.

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June 21, 2016, 04:14:51 PM
 #5

OMG this is bitcoin--we've had this kind of volatility before.   Why do people want to start selling when the price is falling?   If you believe in it then just sit tight.  Lower prices should mean a better time to buy.

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June 21, 2016, 04:17:51 PM
 #6

OMG this is bitcoin--we've had this kind of volatility before.   Why do people want to start selling when the price is falling?   If you believe in it then just sit tight.  Lower prices should mean a better time to buy.

Yeah price is around $660 now so I think this is the good price to buy, as we may hit $1k at halving so you can surely make good profits in short term.
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June 21, 2016, 04:18:48 PM
 #7

Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

Do not sell the coins just hold and buy if you can, even if the price had dropped it is increasing right now and even if it will decrease everyone who could buy should profit from this opportunity maybe we will never see it after the halving

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June 21, 2016, 04:40:01 PM
 #8

Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.

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June 21, 2016, 04:42:14 PM
 #9

Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

I decided to hold, i haven;t sold at $760 so I'm not selling them for $670 it's a big difference especially for those that have xx bitcoins it is a huge lost if they decided to sell at $670 and not at $760. I think this will be only a temporary time for those that wants to buy bitcoin.

Yes not the perfect time to sell, you cannot expect to earn higher profits if you sell at this stage, I will sell some of my coins if it touches to $800 in next few days.

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June 21, 2016, 04:43:41 PM
 #10

For now i dont know what to ,theres somebody inside me that i should sell all my bitcoins now but my faith in bitcoin keeps me stronger.
Thats why im holding my coins and wait for the right time
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June 21, 2016, 04:56:24 PM
 #11

Yes you should be patient in waiting for this is the time that you should focusing yourself not to worry but to continue hold the coins. This is normal that when the coins value drops it is not the time to panic and sell them at the same lowest price. Just remember that when the amount or value of bitcoin drops it means that there is an upcoming price increase in a short period of time you just need to be more patient and learn how bitcoin work for buy and sell. Just continue to monitor the movement of the market.

adibe
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June 21, 2016, 05:31:28 PM
 #12

Days ago, it was more than $700, but now it's hovering at around $670.

Should we still hold or should we let the coins go?

If you want play safe, i think it's better to let the coins go, but not all in, just around half of your bitcoins and hold the rest and let's see the bitcoin's in the next 3-5 hours.
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June 21, 2016, 05:49:45 PM
 #13

This is just the effect of bitfinex and some sold his bitcoin $19 million sold.. but this is still not the best price to sell bitcoin because block halving is too far and i think the price will increase again back . just believe that bitcoin will be still increase to 700 value..
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June 21, 2016, 05:57:25 PM
 #14

you don't sell when it falls, you buy more, now i think it's the stagnation time, price will remain there floating on a certain range, until the next big wave

stop believing that bitcoin is return to 4xx or other range value, it will not happen
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June 21, 2016, 05:58:05 PM
 #15

People in panic because of a 10% drop in price ? How cute ... Grin
Unless you are trading frequently, don't look at the price. It will only give you headache. Price will probably rise again to that level in a few days.



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June 21, 2016, 06:02:36 PM
 #16

I don't want to give you any recommendations or advices, cause you need to think by only your brain, cause if you loose the  Chance that you expect you with fault me or someone else in that your expectations failed.
But I'm gonna keep my bitcoin for now. I expect it will grow to 1000$ per 1btc soon.
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June 21, 2016, 06:10:35 PM
 #17

The price is 663.0 as of today and i think the price is drop what the price in last weeks ago.. and i think the price is unpredictable and we don't know what will happen soon. If i have a chance to choose i will stay holding because block halving is more weeks to go..

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June 21, 2016, 06:30:02 PM
 #18

this is bad currently the prices down and down again and last time i saw bitcoin down to $641 at Bitfinex and i don't know what i have to says because if we all sell our bitcoins i'm pretty sure we will see panic selling and i think the prices will more down again than the current prices
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June 21, 2016, 06:34:55 PM
 #19

The panic selling is the worst thing to do. Price is currently a bit down but I don't think it will last, soon it will go up again. So, just have a little bit patience. I Know it's hard to predict how the market will react but I don't think that it's time for selling. Not yet.

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June 21, 2016, 06:37:05 PM
 #20

If you were to sell $750 or higher would have been the moment, but now you're going to have to wait and see what happens after the halving as it is relatively unknown what's going to happen next and the same goes for the Brexit, because that will also have an inflence on things.
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