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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 28126 times)
Linuld
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September 27, 2017, 02:42:16 PM
 #621

Case by case I think if Bitcoin was not stable at the time, I would definitely sell and wait for a lower price to buy again. This is really risky because we can not be sure when to pump and when to dump
It depends on time mate. useally if we don't need any urgent money then holding bitcoins is the good solution but if we need money and price is going don means we don't have any option we have to sell it and take money whatever it will come at present. Usually, I will do like this because to save my salary.
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geegaw
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September 27, 2017, 03:01:51 PM
 #622

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 going to hold just simply because I believe that It will increase again. We just need to wait for it. If we sell it then it will be worthless because you just lose money. You buy bitcoin at a high price so dont let to lose it just wait and I know that it will be back again because the drop and pump of the value of bitcoin was normal. Maybe when you get even small profit its good to sell it.
Yes, we need to believe in bitcoin, bitcoin is the trend of the future, so the price of bitcoin will continue to increase in the coming years, we don't need to worry when the price of bitcoin drops, the price will soon rise again, this is the regular scenario of bitcoin. Cutting losses just makes us regret our decision and make us lose a lot of money in the future, with bitcoin, just patient and waiting, profits will come to us, the price of bitcoin drops is also a good opportunity for us to make a lot of profit, so if anyone has some savings, do not miss this opportunity.

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Arindava
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September 27, 2017, 03:09:52 PM
 #623

no .... no ... i will not sell bitcoin when price goes down ,,
I am always convinced that the first bitcoin will go back up so I will never sell bitcoin when the price goes down, I will hold it back to the first price when I buy and I will sell it when the price is higher than the price. price when I buy.. Cool

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aldrian09
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September 27, 2017, 03:10:23 PM
 #624

If bitcoin price down I will still hold mine and just wait for it to go back on its price or make a new ath time after time. Bitcoin is still very cheap right now, after few years bitcoin price might be more than $10,000 so why would I sell now?

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September 27, 2017, 11:29:25 PM
 #625

Grin I will forget about the coin forcefully...when it will rise again I will be back to the pavilion.  Wink
Yeah it will be good for the profit of your future. It is increasing in price and I you will invest in bitcoin it is just for the profit not of the loss. If the price of the bitcoin goes down then hold the bitcoin in your wallet for the long time and wait till the price of the bitcoin will increase again. There are a lot of different wallets in the market because now they are trying to make bitcoin more safe and easy to keep for the long time.

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September 28, 2017, 02:43:26 AM
 #626

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 that will happen i will hold hold and wait for the right time for the value to rise up again. As of now bitcoin value came back to high price after it dump weeks ago because of the banning of ICO in the china.

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September 28, 2017, 06:40:04 AM
 #627

I would hodl the coin because i have seen profits that way in stock market. My advise would be, You keep an eye on the trends - set an exit value based on your risk aversion. Yet when the sentiment is too negative, take the investment and put the profit to hold. Kudos!
There is not much difference between stock markets and bitcoin trading as both have the same to to purchase at low price and sell when high. Even bitcoin depends on the same criteria and you truly said about the profit. Even I will hold my bitcoins even if the price falls to a greater extent as I know the price will again go back and will certainly increase more and more.

Bitcoin trading is unpredictable of course but still we can predict the future of bitcoins as we have even previously saw  the same thing about the increasing price about bitcoins.

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September 28, 2017, 06:54:35 AM
 #628

I'm in for the long run and would definitely not sell when the price is low. Instead, I would buy more and wait for a higher price to sell. Buy low and sell high. Bitcoin is a roller coaster. But until now it always has recovered its losses and gained more strength afterward. There is no reason to panic sell when the price is low, except in situations when you need that money urgently.
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September 28, 2017, 09:15:18 AM
 #629

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??

People who sold Bitcoin a week ago when the price fell made a very bad decision. I keep on holding it because the price will go up. I'm pretty sure about this. When the price falls, it's a good chance to buy but not sell Bitcoin.


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September 28, 2017, 02:32:12 PM
 #630

If bitcoin price down do not panic better hold it first and wait until the price goes back so it will not lose because bitcoin price will surely rise back needed is patience

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September 28, 2017, 06:29:42 PM
 #631

of course I'll hold it in advance, because I don't want to got the loss in bitcoin goal, I bought a bitcoin is for profit, not looking for any loss
This time need patience no need to be panic and holding is the right choice. Every investors has a golden chance to buy because it is bit low and selling now will let the whole investment ruin so keep calm and hold till the good time arrives and then sell.

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September 28, 2017, 07:06:22 PM
 #632

Happen with me last year. I bought 1 bitcoin at a high price. When i was going to sell it i saw the price goes down. I become worried and start thinking about it. I decide not to sell it and hold it till the price go up. I hold the bitcoin for 1 month after that the price increase to double. Thanks to my experienced friend who told me to hold and thats the secret in crypto currecny. Hold the coins whether it is bitcoin or altcoin and you will never lose.


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September 28, 2017, 07:12:53 PM
 #633

If bitcoin price down,I do not hold bitcoin.I will running my trade,exchange and buy,sell.Because If bitcoin price will down, I have no loss.

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September 28, 2017, 07:15:14 PM
 #634

Nope, I'm not going to gamble the amount that I invested by simply cutting my losses. It's already a gamble that I'm waiting for the price of bitcoin to go up again. Just like the other guy that posted here, he bought at $4,600 and asking what to do. And if this type of things, we just have to wait, stay put and calm. The price will be surging again very soon so keep the faith.

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September 28, 2017, 07:28:35 PM
 #635

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??
Of course i will hold it .. I'll wait for the right time until its price rise again . If you cut your losses then you are not earning , you are definitely lossing some money. I suggest that you hold , be patient and always be updated.

CryptoLex
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September 28, 2017, 07:29:48 PM
 #636

I will just hold as Im already doing for a while, crypto is a waiting game which will pay off!

mozillaspez
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September 28, 2017, 07:36:33 PM
 #637

If bitcoin price down do not panic better hold it first and wait until the price goes back so it will not lose because bitcoin price will surely rise back needed is patience
It is always happen in a market bitcoin is acutally giving people opportunity that people come and invest therefore prices goes down i would like to say that we should hold it tight and release when the price goes up.
meliodas
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September 28, 2017, 07:37:06 PM
 #638

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 I would still hold, bitcoin price went up and down a lot for the past years. And, I think a lot of people experienced this and already learned their lessons in the past years. I didn't trust bitcoin when it was very cheap and it was the biggest mistake in my life. Now, I'm putting all my trust on bitcoin so, no matter what happens, I will hold on to my bitcoin.

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bitcoindusts
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September 28, 2017, 07:47:11 PM
 #639

Definitely when price goes down, I will hold.  It is not the best time to sell. Rather, it is the best time to accumulate.  I have faith in Bitcoin, for it to be able to rebound and eventually breaks the ATH.  I have seen it several times so why should I doubt about it.  It may take sometime but Bitcoin alredy proves it from the 2013 to 2015 dip to 2015 - 2017 uptrend and series of ATH breaking events.

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RyanEncek
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September 28, 2017, 07:52:35 PM
 #640

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 to appreciate over time and will return great profits for me in the long-term, so do not be afraid if anything the situation is facing it which is currently happening, this is a true bitcoin go forward unyielding !!

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