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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 27917 times)
digitx
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October 28, 2017, 08:35:54 PM

Honestly, I try not to touch my bitcoins at all. The longer he lies on his wallet, the more he will benefit me. When the price of bitcoin is reduced, it is a signal for me that it is time to buy again bitcoin. And this drawdown always makes me happy.
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October 29, 2017, 08:49:40 AM

I think it depends if you are an investor or a trader. If you are an investor, then I think there痴 no reason for you to cut loss because if it is a market correction, then eventually it will go back to where it dips. You can buy on dips so you can increase your average rate and you can break even faster than just waiting to come back where you buy it. If you are a trader then a cut loss maybe a good strategy. You can buy to its support level. Just look at the chart and have some indicatiors  signalling you that you can buy again. In this case, you can maximize your esrnings in just a shorten span of time rather than hodling.

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October 29, 2017, 09:14:39 AM

If bitcoin price down or decrease I will hold it for few years because I believe if bitcoin price decrease it will back again or it will recover. So don't be panic if that happen because for sure they have postive effect because many people want more profit so they bitcoin and for sure bitcoin will increase than the current highest price . Many people lose some profit because they sell their bitcoin once they see the price decrease the best to do is to hold.

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October 29, 2017, 09:15:01 AM

I guess the tactics of selling BTC almost immediately after it drops and buying it a bit later for a better price would be a good thing. However, it really requires the sense of the moment you're ought to do so. So probably holding wouldn't be a bad thing to do. Just to be sure.
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October 29, 2017, 09:19:32 AM

I have been holding bitcoin since 2014 why should I stop now? I guess most of you are here for the get rich quick reason. If you would have studied Bitcoin more than an entire afternoon you would likely concentrate on the tech and its wonderful possibilities rather than being worried whe the price goes down.

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sourjain
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October 29, 2017, 09:34:45 AM

If price goes down better would be accumulate more or sell before start of slide and pick up at depth.

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October 29, 2017, 09:41:29 AM

I'll hold as I believe as well that we're still in the early adopters phase.

We're about to get out of it though, in light of Christine Lagarde's IMF statement about blockchain for example.

https://www.coindesk.com/imf-head-christine-lagarde-it-may-not-be-wise-to-dismiss-virtual-currencies/

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October 29, 2017, 09:56:16 AM

If bitcoin price down or decrease I will hold it for few years because I believe if bitcoin price decrease it will back again or it will recover. So don't be panic if that happen because for sure they have postive effect because many people want more profit so they bitcoin and for sure bitcoin will increase than the current highest price . Many people lose some profit because they sell their bitcoin once they see the price decrease the best to do is to hold.
You must do it. I have made a big mistake in the past. I was hastily selling some of my Bitcoin without thinking clearly when I saw the price of Bitcoin was dropping down. Therefore, I recommend you guys should hold whenever Bitcoin decrease.

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October 29, 2017, 10:16:09 AM

If bitcoin price down, I will buy more and more for hold . Earlier still on hold more and more to buy is my plan if prices dip down .  Simple buy dip sell rallies.
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October 29, 2017, 10:22:53 AM

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 advise you not to be pannik to losses your btc . Don't make a choises that you will be regret later . Btc value is commonly rise and down fluctuative but it will be increase than the current highest price. hold it is beter choises.

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October 29, 2017, 10:31:04 AM

i will keep it because i know that in the near future the value of bitcoin will be high and in return i will earn enough amount of money i want to work for bitcoin and become rich and successful in the crypto currency world like bitcoin i will also invest in the altcoins because i hope that it will make my destiny.

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October 30, 2017, 11:30:09 AM

Im a daily trader and i do play more with altcoins then bitcoin, but i dont see any point to cut the loss, unless i would need money to emergency, it makes no sense pay 6000 dollars and sell back to 5300 dollars because i had panic, bitcoin goes up and down all days. I do my calculations into satoshis i had earned and not the value bitcoin has at a determined moment.


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October 30, 2017, 11:30:42 AM

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October 30, 2017, 11:31:15 AM

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October 30, 2017, 12:00:35 PM

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??

If the price falls I will still hold bitcoin because if doing a cut loss then it will be a loss, better wait and hold it until the price returns and gain even a little profit.

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October 30, 2017, 12:16:14 PM

If I know the price of bitcoin down I would be more than happy to buy it because Bitcoin has great potential to have a high price. Wink

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October 30, 2017, 12:29:09 PM

If the price falls I will buy more and still hold bitcoin prices are always up and down. Some will cut but the sensible option is to diversify holdings into other currencies.

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October 30, 2017, 01:15:30 PM

I will be honest if i havent invested my bitcoins into some altcoins wich still into the green zone, i would had fail to sell my coins into 2000 dollars already, soo im very happy to had invested into the altcoin wich can be exchanges anytime into bitcoin. Since i know bitcoin potencial is huge and as long i dont need the money i wont sell my bitcoins just because its worthing 3000 dollars again, sure it would means loosing around 50% mine current potencial value into fiat, but the future of bitcoin pretty sure it would recover.


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Harley29
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October 30, 2017, 02:24:43 PM

If that happens then I will keep it because I am sure that bitcoin will rise fast but if the price keeps low then I will not do the sales that I do will only hold my bitcoin until the price I want.
No I will not loss or cut when the price drop because it痴 not a good way to cut its normal and it痴 a part of exchange actually bitcoin is connected with market trade when the trade is good so the price will be high and when the trade is not good so the price will be low so no need to make panic just need to wait for right time and then need to sell bitcoin with good profit.

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