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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33389 times)
BitFinnese
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September 04, 2017, 02:18:02 PM
 #61

Why cut loss? when we can take advantage of the fluctuation.  I would rather take advantage of the fluctuation and buy more bitcoin when the price goes down.  There is a huge possibility that bitcoin will go even higher than twice it's value right now.  Time does not end on DIP of bitcoin price, it goes on and new technology, updates, upgrades, newcomers and investors will flock in to bitcoin.  Market as I stated before is still unsaturated so definitely if we have patience Bitcoin will go up breaking its ATH again and again.

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September 04, 2017, 02:20:54 PM
 #62

Buy more, more and more. The maximum possible number. Selling is just not an option for me in bitcoin anymore. Grin


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September 04, 2017, 02:25:01 PM
 #63

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 really regret it plus I will cry.  But then again I know that I have to move on.  So what will I do is to let it just be in the wallet.  I will keep it and I will buy more to invest.  Considering that bitcoin showed its strength, there is possibility that it will goes up again.

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September 04, 2017, 02:27:30 PM
 #64

maybe I will continue to hold it even though bitcoin prices continue to decline because I have confidence about the fluctuations of bitcoin prices that always increase after the decline of the bitcoin price.

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September 04, 2017, 02:31:58 PM
 #65

It's hardly even possible for the price to go down that much for there to be some serious panic selling, even with the price dropping to $2000, it's would still be great because some people would be panic selling for some reason and that would mean I can go in and invest something. Because, let's be real, bitcoin price is going to be a lot higher in 2018+ than $4000.

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September 04, 2017, 02:34:44 PM
 #66

I think i would hold bitcoin for a better time. Or even maybe withdraw the money and used that money to opne the business.

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September 04, 2017, 02:34:51 PM
 #67

I'll be holding all my btc and I won't sell them.
I'll wait for the right time til the price goes up.
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September 04, 2017, 02:35:31 PM
 #68

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 if goes down the price because I believe bitcoin will increase again and again.

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September 04, 2017, 02:36:59 PM
 #69

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??
Since the picture here states only bitcoin here ,obviously i will hold bitcoin rather than cutting my loss because bitcoin recovers faster than any other currency when the price falls,so quite a less of me getting loss. Its just that you need to smart enough and if the price falls,i will invest more than selling it.

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September 04, 2017, 02:40:25 PM
 #70

If bitcoin value decrease, i think i would hold and wait for it to increase again. although that may or may not be the best idea or a way to do when bitcoins' value decrease. but at least, if i would wait for it to increase, i could still convert it to a higher or better value if the value is too low.
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September 04, 2017, 02:46:02 PM
 #71

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??
No, it is normal to Bitcoin that its price is always go down but in the end you will see that it is also goes up because bitcoin is always changing and that is the unique part on bitcoin. Do not scare about its characteristics because somehow its characteristics helps it to become popular.

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September 04, 2017, 02:55:23 PM
 #72

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??


Nope, I wouldn't even take it into consideration. Because knowing the fact that im suffering a loss, why not gamble it all in?? If i lose all investment i made then so be it. If not then I'll be on the bar drinking my heart out and get me some more of things i like. Then set some up for another investment. If I don't use my money to enjoy who will? Lol.
This event doesn't scare me at all, instead it thrills me to my bones and it feels great.

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September 04, 2017, 02:58:46 PM
 #73

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??
No, it is normal to Bitcoin that its price is always go down but in the end you will see that it is also goes up because bitcoin is always changing and that is the unique part on bitcoin. Do not scare about its characteristics because somehow its characteristics helps it to become popular.
If you ask me I will say it must go down or else it will lose the real value in the market. If it keeps on increasing, then only the big investors will invest on this coin, and it will lose the growth. So if it comes down, then everybody will get a chance to invest on this coin. Anything can happen I will not sell my coins for less profit.

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September 04, 2017, 03:02:05 PM
 #74

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
It is quite normal for people to experience a panic scenario when it comes to sudden changes of Bitcoin price for example is when the time it's price dump. In every investment and trading there should be a specific go on each particular way of earning so you could know whether what decision would do. But in terms of investments and holding if the price of Bitcoin suddenly dump resulting to overlap your set price for a particular earning you could probably hold at the same tune partually convert if you needed to used it.

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daadi059
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September 04, 2017, 03:10:00 PM
 #75

The loss that you cut today will take profit tomorrow. Low bitcoin prices are a chance. You can get your hands on bitcoins at a lower price. If anything I will increase my bitcoin portfolio.
Suppose I have enough money to do so.
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September 04, 2017, 03:22:19 PM
 #76

That depends on you. If you are cautious and do not want to lose the moment to sell it first. And if you want to risk and you think it will increase again just hold it. Bitcoins are a great performance today. It can now rise and fall tomorrow. but it is expected to increase by almost 10,000 $ at the end of the year. Because if you are smart and you know what's going on. you would prefer it to hold a Buy and Sell gamble. because when it's up and you're asleep you'll have more difficulty buying it

chichigirl
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September 04, 2017, 03:24:58 PM
 #77

I will just hold it until the bitcoin's price reach the maximum expected amount this year. Most of the speculation is that bitcoin may reach @ 10,000usd at the end of this year.

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CryptonomyCapital
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September 04, 2017, 03:28:19 PM
 #78

It depends on how deep it will fall, i think i will hold to 30% loss.
Daniel91
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September 04, 2017, 03:29:30 PM
 #79

You have loss only if you sell cheaper than you bought.
But, you are not in Forex market and you don't need to cover any loss.
If btc price go down, just sit and relax, do nothing.
Eventually, btc price will go up and you will be in profit again Smiley

jvdp
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September 04, 2017, 03:29:40 PM
 #80

I will just hold it until the bitcoin's price reach the maximum expected amount this year. Most of the speculation is that bitcoin may reach @ 10,000usd at the end of this year.

Ya you are right. We must hold our bitcoin when the price goes low value or reduces.This is basic of trading. You must sell trancat the bitcoin only if the price reaches the maximum value or any new peak. I will suggest you to hold the saving bitcoin till it reaches maximum as you expect.

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