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Author Topic: Now that prices are dropping, should I still hold my coins?  (Read 1444 times)
bitlancr
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June 28, 2016, 10:52:53 PM
 #41

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.

I think you are doing something bad when you are not holding the bitcoin because its gonna rise soon or later again.
Its a investment and I think you also should believe and stay holding it with the bitcoin to be honest.
groll
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June 29, 2016, 12:18:11 AM
 #42

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?



Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.
clickerz
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June 29, 2016, 01:08:31 AM
 #43


Its not good to let go of your bitcoins right now, you should have done it when it was around 700$ at least. In the market bitcoin is priced at 626$ and that would mean a big drop on the monetary value of bitcoins. So i suggest that you should wait for the increase before you let go. At this moment it is best to keep your bitcoins in your wallet and wait for an increase in monetary value.


And I strongly agree,just wait the halving period. Not a good idea  for me to sell now,as there are still reasons  for bitcoin to rise.Also people are considering to invest in bitcoin after the brexit,hope it will really have an impact on bitcoin.

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Schuyler
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June 29, 2016, 01:54:24 AM
 #44

Price dips are an integral part of bitcoin. There will always be a reason for the price to go south, but mostly it is because of the law of supply and demand. I am keeping my bitcoin in hopes that it will go up even more, while I also keep an eye when the price goes down, because every time it goes down, I consider it a chance to buy.
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