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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33381 times)
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September 26, 2017, 01:55:07 AM
 #581

I believe that bitcoin will grow in price in a long time. Therefore, if it decreases in price, it is first of all necessary to analyze the reason for such a fall. If the reason is not significant, there is no objective basis for lowering, then I will definitely keep my bitcoin. While bitcoin successfully overcomes all obstacles and has a chance for successful development. Now it will be of great importance how the conflict over the crypto-currency, which arose in China and at the same time attacks on bitcoin in other countries, ends. However, I hope that regardless of this bitcoin will confidently grow in price and beyond and will be supported in almost all countries.

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September 26, 2017, 01:57:48 AM
 #582

Of course I'll see how big the bitcoin drop is, if the bitcoin price has dropped to $ 100, surely I will sell all the bitcoin I have because I'm sure there's no hope when the bitcoin price is under $ 100.

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September 26, 2017, 02:11:08 AM
 #583

I would personally hold since it is all about buying and HODLing for me for long-term profits. I am completely confident that the bitcoin value will continue appreciating over time and will return great profits for me in the long-term. Smiley
It is actually a good thing to consider holding your bitcoin for you to achieve more profit. But for you to assure your holdings capability to grow and to have a profit in the future you should also consider learning and checking the graph or the current price of bitcoin. Because if you will deal retrieving you need to know the basic principle of it which is to buy low sell high in order for you to gain profit.


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September 26, 2017, 03:04:49 AM
 #584

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 bitcoins price falls down i will still hold my bitcoin because i believe that even bitcoins price falls down, it will still increase its price. And in the near future bitcoin will have a more better value than today and it will be declare as a legal currency.


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September 26, 2017, 03:24:53 AM
 #585

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 on to it, no matter the price since i still patiently waited to earn the bitcoins i got and i am still i will get profit from the bitcoins i earned, and the price may go up so all i need is time for me to withdraw it in a fair price in the future. but in a span of time and i still observe the price going down, i will cut my loss and get it before i get nothing out of it.
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September 26, 2017, 03:32:32 AM
 #586

I would personally hold since it is all about buying and HODLing for me for long-term profits. I am completely confident that the bitcoin value will continue appreciating over time and will return great profits for me in the long-term. Smiley
It is actually a good thing to consider holding your bitcoin for you to achieve more profit. But for you to assure your holdings capability to grow and to have a profit in the future you should also consider learning and checking the graph or the current price of bitcoin. Because if you will deal retrieving you need to know the basic principle of it which is to buy low sell high in order for you to gain profit.
I think all users would certainly want to stay calm. be patient. and hold their bitcoins when the price goes down. but sometimes panic will happen to see bitcoin prices continue to fall and as well as the frightening issues / speculation that are in various forums add to the fear of each user. then it would be better if you keep checking and researching the situation and conditions in the graph, market, etc. do not be swayed by speculation and misleading issues that make a lot of users lose..

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September 26, 2017, 03:36:07 AM
 #587

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 just hold it and wait till it bounce back or get even higher,
I have faith in bitcoin and I think it would get higher as time passed by.

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September 26, 2017, 03:39:28 AM
 #588

Depending on the situation,
If it goes down while I really need some money then I don't really have a choice but to convert it even if I would lose some money.

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September 26, 2017, 03:49:54 AM
 #589

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 bitcoin price down? I will hold it and wait for higher price of bitcoin be patient when you enter to this investment you need to know the risk of changing the price of bitcoin.

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September 26, 2017, 03:53:36 AM
 #590

its already experience in that part, i buy bitcoin on the $4500 marks, but hopefully bitcoin going down faster than i thought, even though i will hold it until the bitcoin currency will increase again on its highest mark and makes to the highest level of the currency to the market.


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September 26, 2017, 03:55:19 AM
 #591

Depending on the situation,
If it goes down while I really need some money then I don't really have a choice but to convert it even if I would lose some money.
It really depends upon the situation, you can't predict what are going to happen every minute, so its either you didn't want to sell your bitcoin because of its price but if your in an emergency situation you can't tell that you would never sold it. Sometimes you have to take risk.



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Lumada
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September 26, 2017, 04:00:37 AM
 #592

Depending on the situation,
If it goes down while I really need some money then I don't really have a choice but to convert it even if I would lose some money.
It really depends upon the situation, you can't predict what are going to happen every minute, so its either you didn't want to sell your bitcoin because of its price but if your in an emergency situation you can't tell that you would never sold it. Sometimes you have to take risk.

Plan ahead of time, set schedule when you'll be wanting to sell your coins, if today or next month or on a specific day or through a bracket of ranges you possibly want it. If that amount reached and your decided to sell it ,then sell it.

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Leomarco
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September 26, 2017, 04:13:50 AM
 #593

surely i will hold my bitcoin. I will not want to lose. after all if the bitcoin price drops there will be a bit of bitcoin going up even higher than before so it's better to hold it

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September 26, 2017, 04:18:59 AM
 #594

In case of a price fall or a market crash I will hold on to my bitcoins and if I am having some spare money then I'll buy some also as after every fall there is also a market boom in which I will sell the bitcoins that I brought during the fall. The same is happening right now, currently the market is bearish and it's the right time to buy bitcoins but most of the people become weak when the price falls and short their bitcoins.
Deborah Christine
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September 26, 2017, 04:22:15 AM
 #595

I think all of investors will hold their bitcoin than they sell it and get a loss.
For me i will hold it. Becaseu we know that the price of bitcoin always increase every year.
We can hold until next year to get much profit. Just be patient


     
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wantjokull
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September 26, 2017, 05:23:44 AM
 #596



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's not good thing to do, never sell if you have bought at high rates. Out of the fear of loosing money you will loose big investment. The first step that made here wrong was buying the bitcoin at very high rates. And second bad move would be selling it at low. That's just other way round of good strategy which we follow to get most of the profits.


Now, as the investment has already been made at higher rates then also you should consider holding it until the time bitcoin gets up to that rate, which it will in the future at some time. Then you can sell it at break even without loosing anything. Or else you can also go for longer patience and earn profits from your hard time investment. Both is possible but don't sell at low for sure.


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nofuture
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September 26, 2017, 05:39:34 AM
 #597

History of Bitcoin suggests holding it.
simple but truth. bitcoin price always recover no matter what happen. mt.gox, biffinex... many bad news and bitcoin still keep alive

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September 26, 2017, 11:07:25 PM
 #598

I think it is really a bad choice buying bitcoin at a high price well we must know when to call it high and when it is low because we all know how high the value of bitcoin can be. It is truly regretful but you already made a mistake don't create another one. It is better to hold it and keep calm for the price of bitcoin always changes.
Buying bitcoin at a high price is not a bad choice. Actually, there is no other option. Bitcoin is very expensive but the good news is if someone is buying it for high price in the present day, he will be earning double of the spend amount in near future. However, we must not sell out our coins lower than what we have bought it in. Stay patient and let the price rise. Avoid panic selling out in all cases.
Pearls Before Swine
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September 26, 2017, 11:09:15 PM
 #599

Selling when the price is falling is for weak hands, and that's the exact definition of the
term.  Nope, I plan on buying if we get another decent dip.  Not a lot, but I'll at least
buy some.  Since I don't own a lot, there are no losses to cut in my case.  I'd advise
people to think twice about selling when we get dips.  It's so easy to panic, and yet so
very stupid to do so.
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September 26, 2017, 11:28:06 PM
 #600

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 I am in this situation, I will hold the bitcoin and wait patiently for the price to increase again. When really in emergency to use the money, I will analyze the price where I can get the same price as I buy bitcoin even I dont get profit from it atleast I never lose as well.

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