Shall we hold bitcoin for now ...wil price rise in future

[garima]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

[1714831690]

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[1714831690]

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[1714831690]

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[Ron~Popeil]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

It is best idea to hold your btc. it happens that sometime we see the loss,unfortunately from few days price is falling down. so my advice to you wait for 2-3 weeks don't sell the coin now, infact this is the time to buy after sometime when the price goes high then plan to sell. but for alteast 3 week don't sell your btc in panic. we have seen up and down in btc but after few days the price will again go high. keep the faith in btc. 

[danherbias07]

My best choice is to hold also.
I have been monitoring it and got hurt for many times but still here I am just waiting for the right time to when it will rise back.
But there is no one forcing you. Trust your instincts, if you think there is no more room for increase then sell it. I cant encourage anyone to hold their bitcoin for it will still depend on their decision. I dont want them blaming me also. For me, this thing of price change back and forth is just normal.

[garima]

Yes ofcourer I will want itto hold only as i got it as a form of payment when the price was 1200$ , so it will be a big loss for me . SO i guess holding is better option as people are expecting price to incrarse in ner future. Just worried about that time frame.

[QuestionAuthority]

For the last 4-5 years this has been a good working plan: Watch the fools play grab ass on this forum and buy a gamblers amount of btc (with money you can afford to throw away) at the drama bottom (usually somewhere between $500-$800). Then hold them until you see the drama top happening (usually between $1,000-$1,200) and sell all. Rinse and repeat. It's worked for me several times now. I just sold everything I had at $1,200 and I'm getting ready to buy back in. Good luck.

[qiwoman]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

It is best idea to hold your btc. it happens that sometime we see the loss,unfortunately from few days price is falling down. so my advice to you wait for 2-3 weeks don't sell the coin now, infact this is the time to buy after sometime when the price goes high then plan to sell. but for alteast 3 week don't sell your btc in panic. we have seen up and down in btc but after few days the price will again go high. keep the faith in btc. 

Yeah dont sell it off now. we know the situation of the btc is not good for selling now. so wait for a month and once the price is going high then sell it off. I thought last week itself price might go either too high or fall. because the price was very much constant few days back which made me worried about the btc. so what am going to do is will hold the coin and try to buy the btc because the value is low now.

[garima]

yes i guess holding is only feaisble solution , lets be confidence that it will again rise back to 1200$ and more.

[BingoDog]

I would say don't sell. It's true the price is going down, probably because of all this pressure about the fork but I don't think this will last long and the price will recover. I also don't expect for price to go below 900$ so hold your coins and buy some more if you can, now is the opportunity.

[Red_Sanford]

For the last 4-5 years this has been a good working plan: Watch the fools play grab ass on this forum and buy a gamblers amount of btc (with money you can afford to throw away) at the drama bottom (usually somewhere between $500-$800). Then hold them until you see the drama top happening (usually between $1,000-$1,200) and sell all. Rinse and repeat. It's worked for me several times now. I just sold everything I had at $1,200 and I'm getting ready to buy back in. Good luck.

After watching this game for awhile you are correct. It it just trying to figure out the tops that has me just being content to be a holder. When it was dropping around 1050 I thought about pulling out and wish I would have. Could have bought back in and gained 10% more btc when I bought back in.
I am going to give it a shot the next time. This market really is like a rubber band

[deisik]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

As the proverb goes, it is always the right time to sell and to buy

If you were unlucky to enter the market at highs, I think you may want to sell part of your stash. I don't know how much you have so the actual percentages may vary (and would depend on your entry point), but by selling some of your coins you will make situation more manageable and acceptable overall to yourself. If the price continues to go down, you can buy back again a part of the coins you sold earlier. It is unlikely that Bitcoin is going to die any time soon, thus by taking the opportunity of playing on Bitcoin volatility you can decrease your losses and ultimately turn profitable

[mindrust]

There won't be anything better than bitcoin. Well there might be, but it won't take bitcoin's place. You now why?
It is because If they were smart, they would have created bitcoin in the first place. Whatever they think now, btc core team probably already thought that ages ago.
We are already recovered from sub 900's btw. Hold now or cry later.

[jamieb81]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

It is best idea to hold your btc. it happens that sometime we see the loss,unfortunately from few days price is falling down. so my advice to you wait for 2-3 weeks don't sell the coin now, infact this is the time to buy after sometime when the price goes high then plan to sell. but for alteast 3 week don't sell your btc in panic. we have seen up and down in btc but after few days the price will again go high. keep the faith in btc. 

Yeah dont sell right now. give sometime to btc so that the price will again rise. as lot of people who has doubt this time whether to sell or not it is very simple you have to hold the btc now as the price is very low and we all know how the btc works it will be balanced again after some days. try to buy now and sell when the price is high but not a good idea to sell now.

[Yakamoto]

As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$

While this should probably go to speculation, it really depends and there are a lot of factors that affect the market. The last time we experienced a dip like this (somewhere close to just over a week ago if I'm remembering correctly)  it did recover to about $1.1k, I don't remember if it went back to $1.2k in that upswing.

In other words, there's nothing to really determine what's expected beyond listening to news and so.

Also, $1.2k was never "normal". It was a consistent value for a month and some, but that is one of the most abnormal prices we've experienced.

[garima]

Yes 1200$ was way too high but atlast 1100 $ is also gud enough . Let see

[mrjoy15]

I would say don't sell. It's true the price is going down, probably because of all this pressure about the fork but I don't think this will last long and the price will recover. I also don't expect for price to go below 900$ so hold your coins and buy some more if you can, now is the opportunity.

I also agree with your voice. Right now, focusing the price of the bitcoin It's surely a great opportunity at least behind the stories tell us. It's time to buy some bitcoins, keep hold of it unless the price get normal. I think It's great opportunities for all of us. Wish all going okay.

[rajasumi3]

Well i would rather say to hold on to ur bitcoins for a while .as it is expected that the price of bitcoins will go up as high as 2000$ at the end of this year .well firstly u should get a target that at which rate u wanna sell it , and do the process accordingly.

[QuestionAuthority]

For the last 4-5 years this has been a good working plan: Watch the fools play grab ass on this forum and buy a gamblers amount of btc (with money you can afford to throw away) at the drama bottom (usually somewhere between $500-$800). Then hold them until you see the drama top happening (usually between $1,000-$1,200) and sell all. Rinse and repeat. It's worked for me several times now. I just sold everything I had at $1,200 and I'm getting ready to buy back in. Good luck.

After watching this game for awhile you are correct. It it just trying to figure out the tops that has me just being content to be a holder. When it was dropping around 1050 I thought about pulling out and wish I would have. Could have bought back in and gained 10% more btc when I bought back in.
I am going to give it a shot the next time. This market really is like a rubber band

Don't be afraid to buy and lose it all.  That's why you only buy a gamblers amount. If you read the forum quite a bit there's usually enough of an indicator where you can know when to buy and sell.  You won't catch the exact top or exact bottom but you can usually get within $100-$150 and that's close enough to make a little money.

[Blawpaw]

The community is now being affected by this BTU crap... This makes me worried about what can happen to the price if there's an Hardfork. I hope miners can take the wiser decision and stay on track. If that happens, we might see the price going  steadily up again

[dothebeats]

Depends on what is the average price point of your buy-in, because if you are going to ask me, I would offload my coins while I am in profit because this hysteria would still continue for the next coming weeks up until this fork thing is finished. Selling on a profit and waiting to buy up until it calms and is ready to take off would be the best time to buy.

[Jacce]

You shouldn't trust online strangers with your money like that. Gather as much information you can by yourself, then make your own decision. And most importantly, never invest more than you can afford to lose (always be prepared for the worst case scenario - Bitcoin crashing).