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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 28079 times)
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September 04, 2017, 01:15:59 PM
 #41

The loss you cut today will be lost profit from tomorrow.
A low bitcoin price is an opportunity. You can get your hands on bitcoins at a lower price.
If anything I would increase my bitcoin portfolio.
Presumed I had enough cash to do so.

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September 04, 2017, 01:16:26 PM
 #42

My decision will be made solely on current situation. For such types of dump drivers like present one (PBoC Announcements)  I will definitely hold

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September 04, 2017, 01:20:27 PM
 #43

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 would cut the loss and will invest to other coin until Bitcoin's market value increase again. You also have a choice of holding it still, but the profit won't be earned until it rise again which is bad in an investment because you won't get the return of investment on time and the cycle on investment won't be continuous.

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September 04, 2017, 01:20:37 PM
 #44

just HODL I am long term believer! going to HODL it real tight
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September 04, 2017, 01:28:28 PM
 #45

The loss you cut today will be lost profit from tomorrow.
A low bitcoin price is an opportunity. You can get your hands on bitcoins at a lower price.
If anything I would increase my bitcoin portfolio.
Presumed I had enough cash to do so.


Bitcoin holding is not like a share market to invest and sell it out it dips off. You have consider bitcoin is like a gold which dips and always increases. This will grow everywhere time whenever the price dump is happened on the chart. I will say every bitcoin user should hold the bitcoin till 2020. In that time bitcoin will exponential.

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September 04, 2017, 01:30:41 PM
 #46

Not that hard of a decision to make really, play the long term game and you will always end up being a benefactor. I would hold till it reaches the moon and maybe go beyond that too because I don't see it dropping off in value as the first cryptocurrency to exist and make everything simpler.

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September 04, 2017, 01:34:27 PM
 #47

just HODL I am long term believer! going to HODL it real tight

Holding at present seems to be a viable option considering  a small  dip has taken place . But selling now will be a loss of future profits . In case of panic people can sell some percentage of Btc and buy it again once the price starts to rise . In this way you will be little relaxed as well and may hold Btc too .
 

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September 04, 2017, 01:34:50 PM
 #48

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 my bitcoin, and wait for the bitcoin price to stabilize again, because I believe investing in bitcoin is very profitable, though the possibility of bitcoin price drops, but the increase will also be very fast. I believe it

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September 04, 2017, 01:35:16 PM
 #49

I will keep hold it because I do believe that at the other day the price will up again. In the past, bitcoin ever drop to around 100$ once and look at today price. I am sure the pattern will be repeated if it's happened again.


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September 04, 2017, 01:41:41 PM
 #50

This is a very old question that has been asked over again, Bitcoin has been down so many times but they always managed to get back so if it is going down it is a test on how strong your belief in Bitcoin in my case I will continue to hold.

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September 04, 2017, 01:42:20 PM
 #51

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??
First, I'm gonna panic for a bit. lol
It depends on the price, if it's still affordable for me to hold it, then HODL it!
But, if it's really going down like hell, then it's best to cutloss it and maybe buyback at a lower price.

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September 04, 2017, 01:42:24 PM
 #52

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 think HOLD is a good choice, don't worry too much about it because bitcoin prices will soon rise. You only have to worry if bitcoin prices go down drastically, as it did in 2014 which is even known as bitcoin gloomy years, where bitcoin prices dropped down until $ 230. I think it's still safe if bitcoin prices are still in $ 4000 range.
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September 04, 2017, 01:42:44 PM
 #53

I think i'll keep holding it cause I always believe that bitcoin can reach at least 5k$ in this year and it'll not die in next 5 or 10 years maybe sometime its price can go down a little bit but it'll go up back right after that Cheesy. There are 1 more reason that make me believe in bitcoin is the number of bitcoin is limited so i think when all bitcoin in the world mined bitcoin price will not decrease anymore

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September 04, 2017, 01:46:25 PM
 #54

no one can predict the bitcoin price. bitcoin prices rely on great demand. thus making bitcoin prices go up. but sales are bigger then bitcoin prices will go down. it happens continuously .. if you buy bitcoin at an expensive price then bitcoin price goes down .. then you should hold your bitcoin so you do not lose your money. cutting prices when bitcoin prices go down is the wrong way of investing bitcoin. we recommend that you get bitcoin until the price returns to normal and rises. you must have confidence the bitcoin price will go up. if you are not emotional you are bothered by the price of the always flutuatif bitcoin. storing the bitcoin and holding it is the best way for you. so it's best to hold back and be patient until everything returns to normal

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September 04, 2017, 01:49:55 PM
 #55

my life principle better be patient than in a hurry, I do not want to get a loss in this bitcoin, my goal in bitcoin to look for big profits, so better to hold or invest in the long term in order to get more profit.

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September 04, 2017, 02:01:01 PM
 #56

I personally want to build a big BTC balance, and hold it. I will set a goal and sell at that price. I think it's more about each individual person. The guy who spent 10,000BTC buying a couple of pizza will be kicking himself now, but he got a free pizza then and he was happy with that then. If I sold 20BTC at 10k each and made a life changing amount of money, i'd be happy, but of course i'd kick myself if it went to 20k a coin. It's about being happy with your decisions at the time.

I also think a couple of days ago when the price hit $5000, a lot of people sold and were happy with that, but they'll regret it if it hits $10000. Hindsight is a wonderful thing! 
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September 04, 2017, 02:04:40 PM
 #57

It will be just a short term downing ! I'm very like to hold something tightly ! Many people said that bitcoin will reach 10 000$ or 100 000$ in the next 10 years ! So why just a drop down make you worry and make your future of bitcoin crash ! be practically business minded when a drop down happen ! A good business man always trust his money and his market ! If bitcoin dropped like you say , buy more bitcoin !
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September 04, 2017, 02:09:47 PM
 #58

I will keep hold it because I do believe that at the other day the price will up again. In the past, bitcoin ever drop to around 100$ once and look at today price. I am sure the pattern will be repeated if it's happened again.
Yeah, sure we should hold, the price of bitcoin will soon rise again and achieve a higher value, this is a situation that often occurs with Bitcoin, if we panic selling, we will soon regret in the future. Many people have also made similar mistakes in the past, and now they have experienced, so I believe most people would choose to hold bitcoin, Bitcoin always knows how to make us surprise, we need to calm down and always believe in it

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September 04, 2017, 02:13:33 PM
 #59

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 that is the case then there's nothing I will do but to hold it until I gain reasonable profit. Btc trend might be unpredictable but we know that the chance of btc value rising is high and there's no way I will cut my losses. We know how fast btc value can go higher even less than a month btc can gain a thousand btc. So I might as well hold and wait since I don't have to wait longer than 3 months to gain back my capital and have a good profit.
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September 04, 2017, 02:14:11 PM
 #60

If the bitcoin price will go down that would be the right time for us to buy many bitcoins and hodl. That is the main rule in trading, buy low and sell high. Do that and you will succeed in the future.

 Definitely right, its gonna be the right time to buy bitcoins. You don't have to panic if the prices is going down, dont worry about it just focus on collecting more bitcoins or buying bitcoins. The more bitcoin price drop the more chance you can buy more bitcoins.

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