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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33387 times)
happyme1818
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October 25, 2017, 11:57:52 AM
 #1161

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  don't cut lose when it comes to bitcoin. It's only a bear trap and you will lose later after you sell your bitcoin. I only cutloss in altcoins because it is more volatile than bitcoin.



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October 25, 2017, 12:00:48 PM
 #1162

whenever bitcoin price drop, i always hold my bitcoin not selling it because i think bitcoin will rise again in few weeks, moreover, bitcoin is expected to reach more than 7000 at the end of this year, that make me want to hold bitcoin more and more.

I'm not sure about $7,000 by the end of this year, but you are right in general. We can see no signs of the Bitcoin price to drop in the future. The adoption only rises nowadays and with that the price will be rising too. I'm pretty sure that Bitcoin will reach $10,000 but it may take a couple of years or more.

Yeah the price of bitcoin will be affected by the fork but still the chance for the price to get high again is bigger.  Even if the price goes down now it will eventually get high again because some people will buy bitcoin for a dump price.

Fork somehow makes people go panic selling and this acts as the signal or opportunity for other people to buy bitcoin.  Taking advantage could  be beneficial but of course we can't be sure because of the volatility of the coins.

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October 25, 2017, 12:02:24 PM
 #1163

If bitcoin price goes down then I'll try to buy some and hold it until its price goes high and then sell them to earn some profit.

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October 25, 2017, 02:01:20 PM
 #1164

I'll probably keep them hoping the bitcoin will rebound again I will sell a small amount if I would really need it.
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October 25, 2017, 02:06:40 PM
 #1165

Cut loss and move to Altcoin trading and recover my losses there. Its very seldom that when Bitcoin price is up, Altcoin price is up too. So you have a choice. Now if you think both Bitcoin and Altcoin is not doing well, go to USDT for the mean time until the market starts to recover. Usually slumps don't last that long, price will recover eventually.

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October 25, 2017, 02:09:01 PM
 #1166

I'll probably keep them hoping the bitcoin will rebound again I will sell a small amount if I would really need it.


In any currency there's always ups and down's with regards to its exchange value. No matter how enticing the bitcoin price nowadays, it is not still a security that it will never fall down. Price is flactuating but for me personally I would like to hold my bitcoin first because for me there is no loss in bitcoin unless you failed during your trading which should be carefully decided before any transaction. Having profit in bitcoin really depends on your clever decision making.


    
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October 25, 2017, 02:11:57 PM
 #1167

i just hold it because i know one day it will goes up again and we all know that the price of bitcoin easily increase so we don't need to worried easily because of that matter. just always bear in mind that it will always goes up every single day, and it will bring us in the highest value of crypto currency.

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October 25, 2017, 02:14:29 PM
 #1168

If you happen to buy bitcoin at high price than it drops, My suggestion is for you to buy more bitcoin so when it goes  back to price when you buy it ,, you will gain a profit Smiley

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October 25, 2017, 02:17:38 PM
 #1169

If I do not have pressing financial issues to sort  I will hold and wait when the reversal will come. Especial if there are no serious sentiments forcing the downward movement.

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October 25, 2017, 02:30:26 PM
 #1170

We do have a lot different investors, some looking for the short term, taking risks and wanting instant profit, these people will sell to cut the loss and term investors will hold and expects the market to recover, the thing is unless you are loosing and need those money you should wait and hold.
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October 25, 2017, 03:08:33 PM
 #1171

If its price goes down then i will hold it for a long time when its price goes up because i dont want ta take loss,only i will cut loss in urgent cases just like medical securities etc

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October 25, 2017, 03:45:11 PM
 #1172

you know every person want to gain money and no one want to make loss because every person works to make profit, if its price down i ll never cut any loss, i will hold it.

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October 25, 2017, 08:02:29 PM
 #1173

I'll probably keep them hoping the bitcoin will rebound again I will sell a small amount if I would really need it.
That is the right thing that one can do to sell some of his coin and hold the rest because bitcoin is promising in this way that after every dump there is a pump and this to and fro motion of bitcoin has a lot of benefits because of this bitcoin progress more and people are more attracted to It and it will rebound again as now prices has come down to 5900$ they will surely get boost from new investors.


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October 25, 2017, 08:05:59 PM
 #1174

I have tried to ride the wave by selling high and low but bitcoin movement is so unpredictable and in the end I just become a hodler, probably missed some trading opportunity but certainly much less hassle.

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October 25, 2017, 08:07:58 PM
 #1175

I think I would hold onto my loss because technically, bitcoin tend to be inconsistend and prices up and down, if it went down today, i have my high hope that it will come back to it's high game.
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October 25, 2017, 08:09:04 PM
 #1176

I would hold because BTC trends up overtime. Im not here to really make money I'm here for the tech.
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October 25, 2017, 08:09:26 PM
 #1177

I have tried to ride the wave by selling high and low but bitcoin movement is so unpredictable and in the end I just become a hodler, probably missed some trading opportunity but certainly much less hassle.

Definitely, if you are taking advantage of the fluctuation and all of a sudden price of BTC goes down, you should hold your BTC because it will need just a little time to come back on upward trend again.  If you witness the latest downtrend of Bitcoin, it does not take month before it recovers and break its previous ATH.

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yohan09
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October 25, 2017, 08:17:53 PM
 #1178

If bitcoin pricedown surely i will hold my bitcoin, There several instances that bitcoin recovers its momentum , and if ever i had much capital i would prepare to grab opportunity to buy bitcoins because out of all alt coins bitcoins dominates and the mother of all alt coins it is the most easier to trade because of its popularity.

ASICHEAD
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October 25, 2017, 09:16:48 PM
 #1179

I'll probably keep them hoping the bitcoin will rebound again I will sell a small amount if I would really need it.


In any currency there's always ups and down's with regards to its exchange value. No matter how enticing the bitcoin price nowadays, it is not still a security that it will never fall down. Price is flactuating but for me personally I would like to hold my bitcoin first because for me there is no loss in bitcoin unless you failed during your trading which should be carefully decided before any transaction. Having profit in bitcoin really depends on your clever decision making.
Yes, profit from the market depends on your decision very much. You can not have profit in Bitcoin if your decision are wrong. Although you have a lot of money for investment, you also have a lot of experience but you can not have a right decision, finally, you are just a loser.

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Lorilikes
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October 25, 2017, 09:23:08 PM
 #1180

If  the price is down and you can... hold Ok for a short time and you will be pleasantly surprised by the resilience of our beloved Bitcoin.  Ignore the dips . IGNORE them. Good luck. ⭐️⭐️

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