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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33389 times)
Vikingr
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September 10, 2017, 11:23:02 PM
 #261

The number one rule in the market is buy when price is low and sell when the price is high. I suggest that you keep on holding your Bitcoin and wait till its price increase again. Also, if you have more capital, keep on buying coins when the price is cheaper. Wait a few months or years and I'll assure you that you will be surprised with your earnings.
I will like to hold on for the next couple of months till the prices of bit coins rise again in the market. During this period, I don’t have to panic rather control my emotions i.e. I shall keep myself calm as I can. Being a trader when prices get high again I will start selling my bit coins to bear the loss I have faced previously.

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September 10, 2017, 11:27:24 PM
 #262

I will hold even if the price go down for some time, because i think it will increase again sooner or later, and this way the profit is somehow guaranteed. There is no need to panic about the price because it is almost stable in a high level since a while
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September 10, 2017, 11:28:10 PM
 #263

Why sell your bitcoin when you know that the price will go up again and will make new ATH? I don't think selling my bitcoin when there will be a necessary since I bought it below $1,000 and I am holding this for long term so selling is not in my room.

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September 10, 2017, 11:29:27 PM
 #264

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 still hold into it even though I loss a large count because of the sudden price dump, I am still positively thinking that soon the price rate will return to its pump because  I know that bitcoin is really capable of dumping and at the same time capable of pumping which is beneficial on my part. Keeping on holding it will surely regain my loss.


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September 10, 2017, 11:39:06 PM
 #265

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??

for me your question is like asking a small child who knows bitcoin, if we already know a price, let alone bitcoin price and know trading, then when bitcoin price down, we can not sell it, surely we will hold it first as long as its price is stable again . Rarely people want to get a loss.

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September 10, 2017, 11:42:53 PM
 #266

The number one rule in the market is buy when price is low and sell when the price is high. I suggest that you keep on holding your Bitcoin and wait till its price increase again. Also, if you have more capital, keep on buying coins when the price is cheaper. Wait a few months or years and I'll assure you that you will be surprised with your earnings.
I will like to hold on for the next couple of months till the prices of bit coins rise again in the market. During this period, I don’t have to panic rather control my emotions i.e. I shall keep myself calm as I can. Being a trader when prices get high again I will start selling my bit coins to bear the loss I have faced previously.
You have a good point. I will also hold my bitcoins until I reach the right time to sell it. The price of the bitcoin is rising again and the progress of the bitcoin in the market is good.

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September 10, 2017, 11:48:37 PM
 #267

I'm a big fan of holding. If I was to sell now I'd still be ahead since when I started. This whole thing with China will settle down eventually and Bitcoin will continue to rise... hopefully. I'm more likely to be stubborn and hold onto something that I shouldn't, then sell when it is down. I think it is best to come up with a long term plan and stick it out unless something really big comes up that influences your decision, but even then I still hold.
If you will hold Bitcoin it possibly give you a lof of profut in the near future because it actually does have a good investment in terms ifs rate ti develop and to have a growth un terms of its price. Most people used Bitcoin in transaction mmbut most if the people deal with investments and trading to achieve profit and earning in the future.


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September 11, 2017, 02:02:30 AM
 #268

For me, there's no need to panic if bitcoin value goes down. If thats so, i'll hold and wait until next day, month or year until when the price goes up. I dont relay my life on the bitcoin i earned. If i earned well thats an extra income for me but never relay my life on here.
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September 11, 2017, 02:14:19 AM
 #269

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 a speculation that someone is doing.
I think the toughest point is a decision and a calculation.
I believe bitcoin will rise again. so I wait and hold my bitcoin.
I do not rush into this. if too panicky this will be a problem for yourself.

Speculation that gives confusion to others on what will they really do wrecking their supposed decision.

When there is a price increase, some people wait for the price they will sell. When it reached their expectations, still they will not sell and will wait for more but the price decrease resulting for regret. In here we can say that, they are being worried without realizing that they must remember how far the price increase than it was decrease so the bottom line, someday it will increase more. Patience is a basic word we can hear spreaded in the community in terms of waiting for bitcoin price increase but for some, it's hard to execute.

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September 11, 2017, 02:20:38 AM
 #270

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??
For me if i buy bitcoin then the price will decrease i will choose to hold it becuase i have a trust that maybe next month or next day or next week the price will become increase again . Smiley

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September 11, 2017, 02:23:06 AM
 #271

If bitcoin price down,I do not hold bitcoin.I will running my trade,exchange and buy,sell.Because If bitcoib price will down, I have no loss.When bitcoin price $2800,I buy some btc dollar.

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September 11, 2017, 02:24:03 AM
 #272

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 bitcoin if the price down because i believe bitcoin goes uprise again and the return profit is good income if holding bitcoin and wait for the pumping of increasing value.

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September 11, 2017, 02:28:35 AM
 #273

no need to be panic when we see the price is down and we can hold it and waiting the price is back normal. its not good if we are too often to cut loss the price and it makes our balance is reduce. beside that, if we can hold it for a longer time, i am sure the price is not just back normal but the price will be increase and reach the highest price.

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September 11, 2017, 02:36:44 AM
 #274

I'll hold, I'm sure rising and falling price of bitcoin is reasonable, so I think the hold is better than cut loss. Due to the fact that when the price drop then at most 1 month the price will skyrocket again.

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September 11, 2017, 02:40:23 AM
 #275

I know some holders of btc will basically sell theirs and feel FUD because they can't handle  their emotion.  But it will not happen and instead I will buy more and hold.

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September 11, 2017, 02:48:38 AM
 #276

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 recent price decrease of bitcoin made me convert some of my bitcoin to fiat because I intend to cash it out to pay some expenses. Instead of holding it, I just convert it so that I can have a fix amount in cashing it out and I will not risk having a smaller value of it in the coming days because I already have a budget for it. The remaining is intended for long term investment so I just let it have a small value for now because I believe price will eventually go up in the near future.

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nareshrohra
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September 11, 2017, 02:49:51 AM
 #277

I will buy more on the dips. But, in last couple of months bitcoin has been more stable. So, I had rather enjoy the volatility of ETH or NEO. I feel, in the long run these three projects are pretty good and safe

helars2008
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September 11, 2017, 03:03:07 AM
 #278

I will HODL...
Before i am buying any coins i am already determining how long am i gonna hold it before selling it. Therefore if i already decided that im gonna sell it after a year or two then i will wait for it. No matter if the price goes up or down im gonna hold into my decision. I am a hodler and not a trader so i will be firm with my decisions.

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claudiotiego
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September 11, 2017, 03:04:53 AM
 #279

It's a question of patience. I think in bitcoin like a long term investment, so I really dont worry about these price reduction. Instead, I use these periods to acumulate more. Hold is the answer!

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September 11, 2017, 03:08:01 AM
 #280

I stated earlier here that I don't have to cut my loss but I've been thinking about other factors. One of those factor is that when you really need a cash in your hand. Would you still be holding it if you are in dire need? I would be selling half of it and then keep safe the remaining half because Bitcoin will always rise to it's former state and even surpass it's price if ever it will be down.

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