$1100 to $750 is significant

[marcuslong]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

I decided to sell my bitcoin because of the price i want to hold them but since the price is still decreasing i need to decide, I don't want to invest my bitcoin i already sold them because i need some funds for my financial problem. If you think bitcoin will be continuously decreasing cash it now like me,

[olubams]

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years 

I like your resolution and even your decision because the quality of a decision is not in the decision itself but the outcome of such decision which will be the deciding factor. And youre ready for the outcome which is the best thing.

The gap is much more significant and for a short term trader who bought  a day before the burst, will definitely be at a high loss which is quite unfortunate. But I am also optimistic that the recovery is around the corner and its going to happen soon...

[just_Alice]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years 

I wish you were right. I hope Bitcoin will return to $1,100 soon and then it will stabilze there. And I really think people shouldn't sell at $750 or at anything lower than $1,000. Have some faith in Bitcoin, guys, it will rise again.

[BitcoinPanther]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

There is no way i am selling at this price or even at $1100,  Bitcoin is worth far more, and i believe in 10 years we will look back at these prices and wish we had bought more.  I will either be a rich man or bitcoin is bust in 10 years 

I wish you were right. I hope Bitcoin will return to $1,100 soon and then it will stabilze there. And I really think people shouldn't sell at $750 or at anything lower than $1,000. Have some faith in Bitcoin, guys, it will rise again.

Well personal opinion matters, you can't feed them if they go hungry.  So I guess it is up to the holder if he needs to cash it out or hold.  People with extra money won't mind, but people who have just enough have a tendency to sell them of fearing it might become worthless.  I will hold if it is asking about my action.  It is too cheap to sell Bitcoin @ the current market price.

[legendbtc]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Really now it is not right to sell bitcoin because very soon the price of bitcoin will rise, these things are very common in trading there will ups and down common, right now it is better to hold bitcoin until the price reaches to 1100$ again. The only thing here is you need to wait patiently and watch the bitcoin market carefully.

[digaran]

Buy buy buy, don't hesitate my friends and buy with trust to each other, if we always continue to buy when price goes down then we could potentially grab the manipulators coins and leave them empty handed, let the weak hands and big whales dump on us and we shouldn't really back down now that is important to be more supportive towards bitcoin, buy buy buy.

[Carlsen]

I think that the sudden increase of bitcoin price needed a correction.
Otherwise the bubble building process would go too high, and the consequences not good for bitcoin.
The way it went now, I think it was acceptable.
At the moment we are at a price level where we wer before the increase, and that's a realistic price for bitcoin.
The steady long term increase is not in danger.

[kryptqnick]

I believe many people think that these changes are actually quite minor, fluctuations if we compare them with the price of bitcoin in a few years. That's why some people panic and sell everything they have but many people keep calm and wait for the better future. As for me, I think the price doesn't matter much and we have to sell btc anytime we need money. If we don't then fine, we can just wait till it reaches its peak which is certainly not $1300. Does saving really makes sense if you don't have plans on your money? I don't think so.

[n2004al]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

If you know bitcoin must know even that is very capricious. So this movements of value are almost normal for it. Maybe not so deep change but we are near of the normal movements of it. As such, every bitcoiner, do that which needed to do: HODL.

[Mastsetad]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Sure the price has dropped quite too much than our expectation, but at the end of the day it had to happen, because we all know if something goes high too early it will come down earlier, but still i wont sell my coins at all right now, i believe we can cross the all time high again in this year, and until that happens i will keep earning and storing.

[darkangel11]

People are so close minded, just 2 weeks ago all they could see was the increase in price and now all they are seeing is the decreasing value. Think about it, a month ago $700 would have been a normal price to you and now it's $700 again and you are all sad that the value has dropped. If you're afraid then sell, I haven't sold mine at $500 and I won't do it at $700 it's much too early. The final price is going to be over $1000, you'll see.

[richardsNY]

People are so close minded, just 2 weeks ago all they could see was the increase in price and now all they are seeing is the decreasing value. Think about it, a month ago $700 would have been a normal price to you and now it's $700 again and you are all sad that the value has dropped. If you're afraid then sell, I haven't sold mine at $500 and I won't do it at $700 it's much too early. The final price is going to be over $1000, you'll see.

Not only the Bitcoin price is volatile, but the moods of all these rookies here as well. One day they think the price will break through $2000, and the other day people think it will reach $400-$500 again. Current price is still fantastic. I have said a while ago that I was very happy with the price to remain above the $700 level, and I'm still supporting that thought. Everything above that number is seen as a bonus.

[FaucetRank.com]

People are so close minded, just 2 weeks ago all they could see was the increase in price and now all they are seeing is the decreasing value. Think about it, a month ago $700 would have been a normal price to you and now it's $700 again and you are all sad that the value has dropped. If you're afraid then sell, I haven't sold mine at $500 and I won't do it at $700 it's much too early. The final price is going to be over $1000, you'll see.

Yes agree with you $700 is correct price for get in Bitcoin investment but there is still fear in peoples that price may drop more then they are expecting they generally think that Bitcoin is completely unpredictable.  

[Velkro]

The long term tendency remains. watch any weekly chart and you'll see how bitcoin price has increased steadily for the last 3 years.  these kind of movements are expected.

Exactly, the long term tendency is steady. Im sure it will go up.
Short problem delivered form china is nothing.
Keep hodl, keep calm.

[adidas]

We might end up testing $220... Planning on buying a min of 3 BTC at $250 usd.

I will agree with you that most here would do that and hold the shit out of that until they die of waiting for them to reach $1200 again.
Which won't happen in their live time. Maybe their grand kids but by that time bitcoin will not be around anymore. They will be living in a society that takes blood (infection free) or livers for what you owe for your house and what you live off of.

[Lomperd1]

The long term tendency remains. watch any weekly chart and you'll see how bitcoin price has increased steadily for the last 3 years.  these kind of movements are expected.

Indeed but most likely it will go soon or later to a higher price, we just need some patience for it right now.

[Ducksun]

We might end up testing $220... Planning on buying a min of 3 BTC at $250 usd.

I will agree with you that most here would do that and hold the shit out of that until they die of waiting for them to reach $1200 again.
Which won't happen in their live time. Maybe their grand kids but by that time bitcoin will not be around anymore. They will be living in a society that takes blood (infection free) or livers for what you owe for your house and what you live off of.

I think that we can wait on this price, I also think that we can reach it fast so I stay just patient right now.

[hoop]

 This decrease in fast and totally unexpected price! What are the reasons that led to the rapid decline in the price in your opinions?

[mornabo]

The long term tendency remains. watch any weekly chart and you'll see how bitcoin price has increased steadily for the last 3 years.  these kind of movements are expected.

but nonetheless although you see the price rise in three years. decline in prices that occurred at this time really makes a lot of losers. I'm sure many users are panicked. due to rapid price declines

[Hazir]

This decrease in fast and totally unexpected price! What are the reasons that led to the rapid decline in the price in your opinions?

Haven't you heard the news? Decline was caused by Chinese Central Bank/Government which is trying to curb bitcoin trading to prevent Chinese citizens to transfer wealth outside the country.
Delegations from Central Bank are visiting major exchanges and forcing them to impose AML/KYC on their customers.