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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33539 times)
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December 14, 2017, 01:05:07 AM
 #1801

We have to be realistic, if down lasts for a long time (more than 6 months) then this is a bad sign so that I will sell all the bitcoin despite loss, because if I hold of course will continues to huge lose. But the fact so far, the bitcoin price drop with a time not more than 1 week, and after the drop price skyrocketed.
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December 14, 2017, 01:08:14 AM
 #1802

Well its better to hold your coins and wait patiently for the value of bitcoin to increase for the better. Having a better value of bitcoin will give a big money for you. So its better to wait and get a bigger value of bitcoin before you cash out.

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December 14, 2017, 01:12:32 AM
 #1803

I will not sell my Bitcoin because I know in the future Bitcoin will continue to increase and the price will be more expensive. if you sell it I think you will regret like me in 2015

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December 14, 2017, 01:26:26 AM
 #1804

If bitcoin price down,

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December 14, 2017, 01:30:40 AM
 #1805

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 and buy some more. You'll never get a better or good price for each bitcoin in a long time. So take advantage of the price dip and buy a boat load of bitcoins. Always invest and invest on a lot of bitcoins. When the prices catch up, you'll be really rich. Just buy more and hold.

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December 14, 2017, 01:41:00 AM
 #1806

Bitcoin is a modern currency.But we can see now a days that it's price is continuously falling and rising.So,if the price of bitcoin fall down,I won't be surprised.

Actually, I've much trust in bitcoin.If the price of it go down making me disappointed, I won't lose my hope and hold them. I'll hope that the price will again able to rise and make us profitted.

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December 14, 2017, 02:24:55 AM
 #1807

IMO when you hold you not lose. So your strategy should be about 3-4-5 years and holding coins on few months is normal.

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December 14, 2017, 02:38:33 AM
 #1808

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??

It depends, I will have to weigh my options first. It could be possible that I will shift to a cheap altcoin which is expected to fly very soon even before Bitcoin's price does. Or perhaps if I could not see any altcoin with such a possibility, then I will have to stay with Bitcoin and wait for the right time for Bitcoin to bounce back and start recovering its lost value. But when I see that it will still dive some more, then I will definitely get out.

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December 14, 2017, 02:42:22 AM
 #1809

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 you are planning to hold for the long term then there is no point in cutting your losses, keep holding, however when the losses are very high following that advice can be really difficult for a lot of people, this is what happened with the 2013 crash, if people held since that time they will have great profits already, but many people sold since they thought that bitcoin was probably never going to recover.

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December 14, 2017, 02:57:04 AM
 #1810

I would cut it off absolutely if I were having anything in hand.
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December 14, 2017, 03:15:27 AM
 #1811

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??

That is one of the pitfalls of bitcoin and cryptocurrency being able to buy it and then see its price go higher and higher soaring into prices that are unheard of and then plummetting down which causes people to panic sell then that would be cause for chaos

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December 14, 2017, 03:19:54 AM
 #1812

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 you are planning to hold for the long term then there is no point in cutting your losses, keep holding, however when the losses are very high following that advice can be really difficult for a lot of people, this is what happened with the 2013 crash, if people held since that time they will have great profits already, but many people sold since they thought that bitcoin was probably never going to recover.
That's correct, sometimes the price will dump therefore you need to trust that it will go bank up again.
Cutting your loses only is applicable if you are a active trader or what we called a day trader because we don't know when the price will pump again and we want to take advantage of the price volatility, so if it's tolerable, we should sell and just continue trading actively.


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December 14, 2017, 03:22:22 AM
 #1813

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??
It would be better if I  hold the bitcoin when the price goes down and wait until the next rise or hold it until there is a need to release. Knowing the bitcoin is surely increasing based on the history and trend, it is a waste if we let go the bitcoin we are holding specially if the need is not necessary and important.
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December 14, 2017, 03:24:36 AM
 #1814

I think i'm gonna keep holding until the end of 2018. No one can give the guarantee about if it's gonna fall or not.. But i think i'll take the risks because it would worth to wait.

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December 14, 2017, 05:14:42 AM
 #1815

Personally i will keep it, what you need in crypto world is just patience.



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_____12th Dec 2017_____
btccointalk
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December 14, 2017, 05:27:37 AM
 #1816

Hi datodota002,


I will definitely hold it because fluctuations of value is common and as it has gone down, it may rise in no time.

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December 14, 2017, 05:30:39 AM
 #1817

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??
dont buy bitcoin when the value of it is so high because you will loss but it is up to you try to wait unti the bitcoin get dumps beause this is the time and good time to buy bitcoin and then sell it when the value of bitcoin goes up again this is like a trading .

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December 14, 2017, 05:43:30 AM
 #1818

If the price of bitcoins get down I'll will try to buy more bitcoins as there is good potential for the bitcoins to increase the value thousand times more than the value at the beginning of the year which will help you get more profits when the prices skyrocket. It is quite common in the financial market for the prices to dip for some time and then with a huge leap it will skyrocket where you will not be able to think of buying one bitcoin.

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December 14, 2017, 05:48:49 AM
 #1819

well, well.. i thank would definitely hold. yes, I will hold it as long as there are still movements, may they be downward or upward.
Overall trend for BTC is upward, though current spikes are hard to unpredictable, it varies from minutes to minutes even seconds. So I;d say don't sell it right away, just wait for it to gain upward and then sell if you need.

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December 14, 2017, 06:01:22 AM
 #1820

I guess I will hold it a while longer. Because Bitcoin's price is not that always low, bitcoin will regain its value. And that is life sometimes it is on its peak sometimes it is on drought situation, waiting it to regain is not hard right? Waiting is worth just be persistent, do not let the value bother you it will probably be okay later. In addition, cutting your loss is a big regret you will have late, wait or be sorry, just like my own experience I cut my loss because I do not want it to be lower than it is, but after a few days it regain its value and grow bigger than I expect. By that I learned my own lesson.
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