$1100 to $750 is significant

[Gatorelf]

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.

[calkob]

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 

[Nemiro]

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.

Yes, Just only 9 days , Bitcoin has decrease nearly 400$. It's really not normal. we only know that China will give out some rules to control bitcoin and They don't want foreign currency to go out of china. That's it.

[calkob]

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.

Yes, Just only 9 days , Bitcoin has decrease nearly 400$. It's really not normal. we only know that China will give out some rules to control bitcoin and They don't want foreign currency to go out of china. That's it.

In time tho with wider adopition off bitcoin the china news effect will become less.  Its like a bitcoin virus (china cold)  Bitcoin will become immune in time.   

[spazzdla]

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

[calkob]

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

Not going to happen, if anything we will settle were we where in late Nov, just below $600.  Although i guess you might be being sarcastic, i hope so 

[electronicash]

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

Not going to happen, if anything we will settle were we where in late Nov, just below $600.  Although i guess you might be being sarcastic, i hope so 

it will not go below $250 that too low. but sure would be a good time to buy so before it even go below 600, people will be buying more BTC to take the opportunity to earn when it hit 1000USD again. its constantly growing every now and then so its a sure investment for real believers.

[FrannWilder]

It is pretty sick but that is how the market goes, it can on one day get as low as 750 dollar or even crash fully its just how the markets goes, you can see all these pump and dumps very time.

[Amph]

you are only noticing the bad things, you forget about the rise from $700 to $1160, that is also significant, i see the alue now is again at what it was before the pump or slightly above

i highly doubt we are ehading lower than $700 went he pump started, this last pump was unsustainable it was expected to be dumped

[spazzdla]

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

Not going to happen, if anything we will settle were we where in late Nov, just below $600.  Although i guess you might be being sarcastic, i hope so 

Alas.. I am not being sarcastic :S.. Fear could push people to sell to cover potentially losing everything.

I will profit off of that fear.

[topesis]

The price crash is huge, I believethose selling are people that enter the market around $800-$1000 range, though I'm very surprise that PBOC pronouncement  have this impact on the price.

[HabBear]

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.

Famous words "back the f*cking truck up" or "don't be sore, buy some more".

I'm a long term guy so for me it's an opportunity to bitcoin cost average, buying on the dips provides you a consistent lower cost basis from which to make substantial gains.

[sportis]

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.

Yes, Just only 9 days , Bitcoin has decrease nearly 400$. It's really not normal. we only know that China will give out some rules to control bitcoin and They don't want foreign currency to go out of china. That's it.

There are bad and good days in exchanges trading. Bitcoin is a currency and not only an asset as many people see it. Now many people are in panic and cry that is a crash and are the same people few days ago screaming "sky rocket", "to the moon" "$2000 in the end of the month" and so on. I strongly believe that even now bitcoin is a safe haven. Markets were expecting a major correction. The way I see it, if anyone has fiat money to afford and bought at $900, $1000 or higher this is a chance to buy more bitcoins in order to trade off with the loss.  

[n691309]

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 just missed the chance to sell a small amount of bitcoin while it was at the highest price in the recent years, this because I hoped that the price of bitcoin will be much higher but got disappointed so I will hold for a longer time now.

[Gatorelf]

A lot of good replies, as with most investments every one has their own style that fits them. I also agree with most in the next couple of years BTC will most likely be 3 to 4 x where its trading now. Also BTC is the king of crypto currency and we can see as it goes down the others seem to follow. Its still to early to tell in this price range where support and resistance are. It mostly effected by world wide economics so a trading strategy has to include that as the main variable. 

Some including me see 100% gain in an investment and start easing out in portions only to reinvest at a later date. 

Thanks for the input!

[helloeverybody]

I bought some when it was up at whatever price it was a week ago and no doubt i will buy some at the price its at now. I still beleive it will be worth far more than it is currently. The price fopr now will just be swings and roundabouts though, I see no reason why it cant pump hard very soon but even if it doesnt then we are sitting at a good price.

[RodeoX]

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.

Yes, Just only 9 days , Bitcoin has decrease nearly 400$. It's really not normal. we only know that China will give out some rules to control bitcoin and They don't want foreign currency to go out of china. That's it.

Well.... that drop is actually totally normal for bitcoin. It has dropped like that many times before.

[icecube45]

I bought some when it was up at whatever price it was a week ago and no doubt i will buy some at the price its at now. I still beleive it will be worth far more than it is currently. The price fopr now will just be swings and roundabouts though, I see no reason why it cant pump hard very soon but even if it doesnt then we are sitting at a good price.

Yes it was also a good way, always buy when the price drops then hold it, and when the price goes up will get many profits. But if I still hold some of the bitcoin remainder of the results of the signature campaign, I will buy when the price is really under and I will do buy. Because I think if you do buy when the price is below it cheaper so when prices rise will certainly get a big profit.

[Loepuenkyou]

bitcoin price is crash
and very bad down price, because over 30% is down price
i think bitcoin price is down, because dollar down price too

[pooya87]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.