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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 28536 times)
CryptoBeefy
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September 08, 2017, 09:34:09 AM
 #201

I only invest what I can afford to lose and therefore I would keep holding in the hopes it will pick back up and reach the figures I believe it can.

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September 08, 2017, 09:40:04 AM
 #202

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??

obviously its a normal scenario that bitcoin goes down, so no need to panic and no need to cut your losses, instead of doing that i suggest to hold your bitcoin and believe in it. because bitcoin is invulnerable by it self.
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September 08, 2017, 09:41:53 AM
 #203

As @CryptoBeefy I also only invest what I can afford to lose and apart from that I am a long-term investor. I expect the price of BTC to have some dips but to keep going up in the long term, because BTC is a scarce good and as it becomes more popular, demand will go up. Bear in mind that BTC has brought very high returns while there are still BTC to be mined. I expect the price to go much higher when all BTC are mined. Therefore, I will hold.

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September 08, 2017, 09:48:07 AM
 #204

I definitely prefer to be patient and hold even if bitcoin price down 50%.
Because it will go up after a while again as always be.

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September 08, 2017, 09:50:14 AM
 #205

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??

Well there are somepoint that you will panic on selling it because it will dump more and im like that person before once the price is dropping im panicing on selling my bitcoin or coins but now this is my first time to hold and patience is the key and strong mind and not tempted to sell it. Im holding it to gain more profit but if i need money then i need to sell it no matter what the price is

You're right. Some people panic on selling their BTC thinking to cut their losses. But we all know that all who goes down will eventually goes up. So in my opinion, better to hold it 'coz it won't last long in the bottom. And if you believe in Bitcoin and its true value in the future, you won't think twice to sell it whether it dump too much. Patience and Courage. Have a little faith.

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September 08, 2017, 09:54:03 AM
 #206

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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September 08, 2017, 10:09:50 AM
 #207

when not trapped in trading, of course I will save it. but when trapped in the market, I prefer cutloss. well, loss always haunts, but that's the challenge.

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September 08, 2017, 10:19:40 AM
 #208

when not trapped in trading, of course I will save it. but when trapped in the market, I prefer cutloss. well, loss always haunts, but that's the challenge.
Yup,there's always a risk whenever qere about to do transactions in crypto, I prefer saving it maybe as much as possible but if it took to long and seems to hard to recover ,i might also cut the.loss well it will really depends.

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September 08, 2017, 10:28:59 AM
 #209

I definitely prefer to be patient and hold even if bitcoin price down 50%.
Because it will go up after a while again as always be.
Well apparently as the way news are spreading about bitcoin more and more people are investing unto it so if it will go down at the time you've invested then it's better to buy more and hold it until its price goes up. There's a high chance for it's price to go up since a lot of famous programmer are talking about it.
But there's still a chance for it to go deep down and never recover but it will not veryl likely to happen.

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September 08, 2017, 10:49:51 AM
 #210

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??

Well there are somepoint that you will panic on selling it because it will dump more and im like that person before once the price is dropping im panicing on selling my bitcoin or coins but now this is my first time to hold and patience is the key and strong mind and not tempted to sell it. Im holding it to gain more profit but if i need money then i need to sell it no matter what the price is

You're right. Some people panic on selling their BTC thinking to cut their losses. But we all know that all who goes down will eventually goes up. So in my opinion, better to hold it 'coz it won't last long in the bottom. And if you believe in Bitcoin and its true value in the future, you won't think twice to sell it whether it dump too much. Patience and Courage. Have a little faith.

Some will panic most probably for the first time in trading that they dont know the process but for some traders of course they will hold if the bitcoin price goes down for me thats what i do too i would probably hold cause i know that it will goes up again.

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September 08, 2017, 10:56:07 AM
 #211

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 definitely hold. This has happened before few years ago, though I wasn't much involved then, but it came bouncing back even better. My point is, personally, I have made some wrong purchases before, even with other coins on bittrex and I ended up holding till they came back up. Same will definitely happen with bitcoin as far as I am concerned. For now, patience is a virtue with bitcoin and we here now may think we are late, but we are just starting.

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September 08, 2017, 11:03:08 AM
 #212

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??
The best decision for me is To Hold that btc Smiley . That's a better choice because if you hold that bitcoin, there still a chance to make a profit from it not right now but in the future. We all know that the value of bitcoin frequently fluctuates, maybe it's low now but expect that it's value will rise again Smiley Don't lose hope and never stop until you earn.

If you lose something, make way to earn it again instead of quitting. Smiley

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September 08, 2017, 11:11:41 AM
 #213

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??

This is an opportunity to buy more Bitcoin. 'Coz it will go up rapidly so when there's an opportunity to buy when it dips, do it. Some says by this end of the year its price will range from 7,000USD - 10,000 USD. So buy the dip.

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September 08, 2017, 11:18:41 AM
 #214

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'm just hold it because I know that bitcoin will come back to it's normal price and also there are many supporters of bitcoin now that makes bitcoin become a good investment for everyone but if you want to make more bitcoin just cut your losses and buy some altcoins which may become more risky and can lead you to have a big losses.

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September 08, 2017, 11:21:02 AM
 #215

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 it until the price get higher than the price of the bitcoin i buy dont lose hope you entered to that investment so you know the risk be patient

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September 08, 2017, 11:24:22 AM
 #216

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??
Maybe if i buy a bitcoin and its price goes down, i will just wait until its price become higher again. Because the price of bitcoin changes from time to time so you need to monitor its changes. Once the time has come that the bitcoin price became higher, thats your chance to gain profit again.

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September 08, 2017, 11:31:41 AM
 #217

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??
As a newbie in crypto currency i think if I have lots of bitcoin now I will hold my bitcoin if the price goes down then I will wait to increase the price again 

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September 08, 2017, 11:52:08 AM
 #218

I will try to hold bitcoin, later if it is stable the new price I will sell so I get a satisfactory profit



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September 08, 2017, 12:13:51 PM
 #219

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??

Well there are somepoint that you will panic on selling it because it will dump more and im like that person before once the price is dropping im panicing on selling my bitcoin or coins but now this is my first time to hold and patience is the key and strong mind and not tempted to sell it. Im holding it to gain more profit but if i need money then i need to sell it no matter what the price is

You're right. Some people panic on selling their BTC thinking to cut their losses. But we all know that all who goes down will eventually goes up. So in my opinion, better to hold it 'coz it won't last long in the bottom. And if you believe in Bitcoin and its true value in the future, you won't think twice to sell it whether it dump too much. Patience and Courage. Have a little faith.

Some will panic most probably for the first time in trading that they dont know the process but for some traders of course they will hold if the bitcoin price goes down for me thats what i do too i would probably hold cause i know that it will goes up again.
I think it's about the patience and trust of the users against bitcoin, if they believe in the future of bitcoin and be patient if something happens to bitcoin they will certainly hold it and certainly it will not harm them

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September 08, 2017, 12:32:24 PM
 #220

Obviously I will hold my bitcoin became the price of it can be high or down. I will wait for big price untill recover my loss. In this case there is needed for long term hold like investment. Bitcoin has great value and future so I think it is better to hold coin.

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