Now that prices are dropping, should I still hold my coins?

[randy8777]

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.

that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.

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[HardyGoodsLtd]

Been following BTC for quite a while now, this should not be an issue, dont loose faith, take the long view, and trust in the coin that removes us from centralization!

I bought a little at £275GBP a few months ago, really I should sell now, but I want the coins when there worth alot more thanks.

21 million coins divided by?..... whats the population of the planet now! - quote by me.

[serjent05]

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.

that's exactly why i secured profits at around $730-$760 not long ago, just to be on the safe side in case the price goes down. and exactly that happened. i feel good looking back at the good decision i made. just now the price touched $635.37 at bitfinex. if this is going to continue in the current pace, then i can see the price test the $600 level.

If they just used their bitcoin to invest into some possible profit generating stuff.  They would have doubled or tripled their holdings, and thisprice crash wont affect them too much.  As I stated on the other thread, if you triple your holdings doing some trading or investment, even if BTC price drops to 50%, you still have profit. 

[BitcoinNewsMagazine]

When you take a position you should decide before hand how much of a loss you will take. If that is 10 percent, sell then. If you bought lower and are in profit there is no reason to panic just hold.

[chaosknight]

When you take a position you should decide before hand how much of a loss you will take. If that is 10 percent, sell then. If you bought lower and are in profit there is no reason to panic just hold.

I think the other way, as if we bought at lower price then I think we should sell them and secure the profits as you can buy it anytime again when price falls down.

[BossMacko]

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?

It depends if you're already good in the profit of your Bitcoin if you sell it. As for myself i will still keep my Bitcoin because price is not stable, yes it goes down for days but as i can see now it is going up again. So i should wait until i get the price that i want before selling my Bitcoin.

[Betwrong]

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?

There was a nice suggestion in this thread to wait for the halving at least. I think it's unlikely that the price will drop more, but it could rise a bit. I think chances are it will be over $700 and will stabilze there.

[praprata]

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?

Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.

[pandalion98]

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?

Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.

Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.

[Altcoinmoney]

Off course do you need to hold your coins right now you dont sell them now whe nthe price drops that would be such a stupid idea.
You need to hold them for another price increase but when you dont believe it is coming sell them what you want.

[Shibashi Dogemoto]

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?

Yeah now that the price is dropping again it is better for you to hold on to your coins again and wait for when ever the price is going to go up again.
For now you will just have to be patient and wait for that moment to come by.

Yeah, I noticed that. I think it's stabilizing around the $700 mark, but we still have the upcoming halving event to worry about.

It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.

[~Bitcoin~]

It reached $780 mark in last week and fell back, and now its taking too long to touch the price of $700 so I don't thin that we will be seeing ATH at halving.

I think price is taking time because lots of whales have played with price during australian bitcoin auction creating panic and buying back at around 530$ price range. Now they may still acumulating more under 700$ before halving to sell again at new ATH value after upcoming halving.

But who know what those whales are thinking and what new challenge or oppurtunity bitcoin will be getting in upcoming future.

[Sled]

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 think holding coins still a good choice because we can hit that $700 price again after halving or even more. So as of now, for me it's best to hold it and wait until the halving to sell our coins because the price will be higher than $700 but we need to be careful because anything can happen after halving so it's better to be smart on choosing when we gonna sell our coins.

[yhansky]

Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

[Daneric]

With the current trends in the bitcoin market, I will advise that you keep holding on your coins. Recently, the price had shot up and came to settle at the current price. With the expected halving, the might be good opportunities to trade and that is when you can dispose your bitcoins.

[fkvidar]

Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.

[Dwelach]

Off course this is the moment to hold your coins because you are not going to sell your coins right now
when the price dropped to that low. The price of the bitcoin will always rise again so just stay there and dont do anything with them.

[DavidoAlto]

I dont think it is really good to hold your bitcoins for a long time but why selling them when the price is that low
I dont know what you think but the price wil always rise some way so you should hold them and sell them when the price is rising again.

[freedomgo]

Just hold because nothing is serious with what is going on, we can still see the price to rise again because the halving is near and it will not take long before the price will rise again, we will be surprise by the bitcoin again.

[ultrloa]

Dont loose hope,just hold it  cause bitcoin is worth waiting for.
Bitcoin will not go below 600 $ next month ,cause it will surely goes up.

Nothing wrong in holding for next few days as halving is not too far now, and it would be bad decision to sell it now after holding it since long  time, halving will show us some best price of  bitcoin.

Although it create little panic selling last week it cannot really effect the price rise and look what have just happen today price is slowly retaining back his rythm to reach to its peak halving is nearly to come and that time we can really determine on what price of bitcoin will it stop, and i can say its still party time for us staker thats why its better to hold for  now to earn more in the future.