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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 27915 times)
Evilmorty69
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October 17, 2017, 02:14:50 PM
 #1021

I think I'll hold. because judging by the trend, it will increase Smiley
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sammiko
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October 17, 2017, 02:21:25 PM
 #1022

If you are confident about bitcoin and its future, you know that at some point the price is going to make a rebound even if it reaches a very low price level. If anything, buying on dips could be a strategy that works for the long term. This recent news, again from China, could bring the price even lower than $3,500 and maybe that is just the price range that some are waiting for another buy back.
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October 17, 2017, 02:33:10 PM
 #1023

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??

Hold, if we are talking about bitcoin's price going down after a couple of months it is not enough for me to consider it as a threat for me to cut my loss. I love taking risks in life and in my investments red market charts happens usually, it is always your call that you should follow so that you won't have any regrets in the end.

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October 17, 2017, 02:37:54 PM
 #1024

Bitcoin has shown extreme resilience. After every dip it has powered onto new heights. Partly there is the scarcity aspect (which as several charts I have seen show will increase with time as fewer new coins are "found") which will drive prices even further.

Although it has many flaws its principle asset is the breadth of the community. If there are people that want to buy, hold and most importantly USE it as currency then there is truely no limit on how high the price can go.

If you have the time to sell at ATH and buy in the dips then fair play to you, you may increase your investment faster, but anyone holding on for the ride will be in the green over time.

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October 17, 2017, 02:45:12 PM
 #1025

firstly im checking situation first, if the down is because fake issues and some people just panic sell in an hour maybe i will hold it but if that issues are true i will sell it (cut loss) my bitcoin and start to buy it again on lowest price

MotulDiesel
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October 17, 2017, 03:04:52 PM
 #1026

Bitcoin is a unstable investment, you can not follow this river if you do not have a strong will. As to me, bitcoin is just a left-handed job but i always try to have right decisions whenever the market go up or down.
Based on my own experience, bitcoin will has a bright future and the value will be increases. I will hold my loss and wait for it price up again as the way it always be

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October 17, 2017, 03:14:07 PM
 #1027

Maybe the bitcoin should be retained, stored and wait until the bitcoin price is high again. The rise and fall of the bitcoin price is what we should know will happen and we should be ready for it. If bitcoin prices fall, maybe we just need to be patient because someday bitcoin price will go back up.

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pauloaragaomelo
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October 17, 2017, 03:48:36 PM
 #1028

Dont be afraid if bitcoin price will dump, just still hold your btc ,because once you panic in selling it. It will more be get dump.so just hold it.be patience.all of us seen the improvement of bitcoin.its getting higher and higher everyday.

yes, don't sell when panic, because in the end, we will regret it. better when the price of bitcoin down, we can buy more at low prices. I usually do this rather than cut lose.
 

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humanvelocity
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October 17, 2017, 03:54:59 PM
 #1029

I personally feel like holding is the right thing to do because Bitcoin's value just keeps increasing everyday there might be some ups and downs but end of the day all I see is the value increasing. If you look at the Bitcoin value graph you see the value going up like crazy and its a big time loss if you sell it when price goes down.
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October 17, 2017, 04:14:22 PM
 #1030

yes, of course i will hold it, if its price goes down, it will increase for sure, but it takes time. may a week, for sure it will increase. bitcoin never fails to amaze me everytime it goes down, it always takes back its position on top.

Jafri101
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October 17, 2017, 04:39:37 PM
 #1031

If its price gonna down so i will hold it because i have seen that whenever bitcoin's price goes down then suddenly it gets a huge bump and it goes to moon. So i would prefer holding when it goes down.

vafro
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October 17, 2017, 07:29:12 PM
 #1032

I in no way reduce reduction simply because so far bitcoin usually increase in value. But it can not be denied it will take a prolonged time. This might be an input for you, do not hurry to lower decline.
cleofila
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October 17, 2017, 07:45:27 PM
 #1033

Meanwhile I will hold BTC until it gets its value back. I believe the governments of weak economies would reserve the funds into BTC instead American Dollars. So they would keep their values.

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DrYe5
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October 17, 2017, 08:31:42 PM
 #1034

Meanwhile I will hold BTC until it gets its value back. I believe the governments of weak economies would reserve the funds into BTC instead American Dollars. So they would keep their values.

I do not think it's possible. Price is still stable and growing. Every day I follow the situation on the market and if I see something strange I would react immediately, but today I'm sure there is nothing to worry about. You can sleep peacefully!

chip1994
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October 17, 2017, 08:37:15 PM
 #1035

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??
given the chance if i had lots of bitcoin iwould keep 70% on long term hold and sell 30% when there is over bought situation and buy back when it dips again to increase my bag of holdings..!

i think it's a good strategy mate, maybe the allocation depends on your courage to take risks, but I appreciate your opinion I might also try it by selling some part when the price goes down, of course to reduce the losses if the price keeps falling, and if the price goes back down the choice is to buy again and expect the price to go up immediately. so that it will erase the loss or even get benefit, but certainly it has considerable risk ?
Buy again and receive more loss, is right Cheesy? I never buy an altcoin are falling down by the bearish trend till I have see some signal neutral or bounce. Of course, it is not easy to know that time, because the whale always create many traps to make us doubt our decision.

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October 18, 2017, 01:37:11 AM
 #1036

I will not only keep my bitcoin but I will obtain far more, I believe bitcon has so much potential that I am inclined to invest for the long expression. However it is very essential to investigation on what triggers this value fall, by generating an evaluation of what is taking place you will gain much more expertise and confidence on your investments.
Lei Crypto bounty
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October 18, 2017, 01:46:06 AM
 #1037

if bitcoin goes down , you should buy more if you have an extra money , bitcoin is just gaining it's popularity and momentum, don't cut loss just wait for your target margin if you are a day or mid trader..
NerdYale
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October 18, 2017, 02:15:32 AM
 #1038

Im sure like a lot of the people here, I'd hold my bitcoin. Although bitcoin is known for its volatility, and it has been down several times, still it manages to rise up and reach even higher rates. I really have faith in bitcoin, so I'll hold my coins until I really need the money to cash out.

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October 18, 2017, 02:23:57 AM
 #1039

Ideally I would like to hold on to my coins, but as usual the final decision will depend upon my financial situation at that time. If I am really short of cash, then I will be forced to sell at least a part of my coins, even if the exchange rates are really low. But if I am in a comfortable position, then I will never think about selling my coins, even if the prices dip to $10 per coin.

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October 18, 2017, 02:29:31 AM
 #1040

if you buy bitcoin at a high price and bitcoin price goes down what will you do guys ?? will you cut your losses or hold it??
i will hold all my resources when bitcoin price goes down i will wait again until the price will go up and when i get profit that will be the good time for selling all my resources. but some people will sell all their resources because they loss and that will be the time also to buy more resources.

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