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Author Topic: Invested when BTC was at 2550 and 2320. What to do now?  (Read 1690 times)
richardsNY
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July 17, 2017, 04:29:06 PM
 #41

Hold, wait it out. you're not going to badly miss 0.2007 BTC. You should be adding to your stash, not selling. Bitcoin is going to blow up in the future. Have some patience.

Patience is exactly that what a lot people here are badly lacking. All people complaining about the price going down are only here to make some quick bucks. If they were long term minded, they would just calmly wait for everything to settle, from which the market will slowly start to move towards the $3000 level again. But no, they invest (ahum, gamble) at higher levels in the hope that the price increases more than it already did. This is the price they pay. Smiley
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Zicadis
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July 17, 2017, 08:25:50 PM
 #42

Hello,
I bought into BTC when it was worth both 2550 and 2320 for my personal trading.  I now have 0.2007 BTC and not sure when I should get out. 
No need to panic its not manditory that you need to always sell

I have lost in total a hundred dollars just to the price of BTC. 
You have not lost any bitcoins just a change in value Roll Eyes which is temporal

Is it worth it to get out now or should I wait for it to go back up to these prices?
you can choose to break even by waiting for prices to recover as we are not far from the the price you bought your coins

or you could find a good altcoin project to invest in and wait for your profits..only problem both require you to wait
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July 17, 2017, 09:01:13 PM
 #43

HODLLLLLLLLLLLLLLLLLLLLL! Come on why do I keep seeing people like this. Hold your damn coins. There is no point is selling, in fact if you sell right now you're part of the problem. This drop in price was expected so you can either take your loss and gtfo or hodl and make profit in a couple of months.
The problem is too many traders of bitcoin wants to buy the more bitcoin at the cheap price before the hardfork will end. It's about their speculation to take the decent profit from bitcoin in the future.  Are you consider those are selling the bitcoin was a part of the bitcoin problem? relax, pump and dump just a common thing in crypto.
I agree this is a normal and common practice to buy at dump price and sell them when there is a pump to the price. Those who are still practicing the same practice are very right because no one here is for the purpose to stay idol. If someone thinks that doing so will be damaging the bitcoin so, I guess the damage has already been done. It is now the time of survival.

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