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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 33387 times)
Rinder
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October 06, 2017, 03:54:28 PM
 #781

We do have a lot different investors, some looking for the short term, taking risks and wanting instant profit, these people will sell to cut the loss, medium and term investors will hold and expecte the market to recover, the thing is unless you are loosing and need those money you should wait and hold, bitcoin potencial is very huge and 4000 dollars isnt the real value of bitcoin and time will show us.
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October 06, 2017, 05:12:39 PM
 #782

I never use all the cash I have at hand, so in a scenario where I just bought some bitcoin and the price fell drastically I'd probably just buy some more to get a lower average price. Then when it gets back up a bit I can sell off some of it and get a profit. If it keeps falling I'd probably have a stop-loss set for about 25% of the value invested, because under that I don't see it recovering.

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October 06, 2017, 05:20:27 PM
 #783

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 Buy Bitcoins at current high price and then after buying its price starts to falling, then I will surely hold the bitcoins until it reaches its previous price at which I bought the bitcoins. I am not going to sell at a lower price, I cannot afford to lose.

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October 06, 2017, 05:38:00 PM
 #784

I use bitcoins to hold them for long term investment. The falling and rising value and price of bitcoin is normal so the trader who is wise enough will not panic from all this. Working with bitcoins needs a lot of patience , one must analyze the market , the controversies related to bitcoins and then think about trading . Getting tempted by any other deal is not the key to earn bitcoins and profit from them . There is need to play smart with it.
I will definately hold my loss and use that again and analyze smartly and wisely as the one who works smartly with bitcoins is the one who stays in the market for a long time.
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October 06, 2017, 05:46:28 PM
 #785

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 on because it is normal that bitcoin is going down. If bitcoin price is down i can still wait even if it to long to goes up be cause i believe that patient is a virtue.  We know that it is not permanent that bitcoin is down forever, right so that must wait until its up.

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October 07, 2017, 08:21:03 AM
 #786

You should zoom out on your price timeline because the price has been rising exponentially therefore all you need to do is continue to hold. You can even buy more for cheap when the price is down!
At present, bitcoin is really showing a very good progress and we must not even think of selling this coin. Even if the price would have been declining, I would never sell them out.

Dip is the opportunity to accumulate most bitcoin and this is the way how a person can save for his future. For the time being, keep on holding until it reached 5k dollars and after that, try to hold on for 7k dollars.

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October 07, 2017, 11:01:02 AM
 #787


If the price of bitcoin goes down, it is definitely a good time to buy bitcoin. Personally I would choose to hold my bitcoin in case it goes down and then buy more. I have confidence that bitcoin will be back to higher price again. It is normal that bitcoin will definetly go up and may even be more than its recent value
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October 07, 2017, 02:50:29 PM
 #788

I'll never sell with a lower price. I'll hold my coins forever.

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October 07, 2017, 03:16:24 PM
 #789

Bitcoin is always fluctuating. I wouldn't sell with low price and i prefer to hold.

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October 07, 2017, 03:18:43 PM
 #790

Price of bitcoin may go down and may also go up because of its nature.
Last month bitcoin price almost touched $5k and then for some reasons it fell down to $3k. And now it is dancing around $4.3k+

Few days ago I saw a news telling that bitcoin price will hit $6k by the end of current year.
Frankly speaking, whenever I saw news like this, the price reached its point before the due date.
So now I am just waiting to see what happens this time.

The thing I want to say is,
just never sale your bitcoin when the price is going down. Just HODL!
if possible buy in more at that point to gain more in the future.

This is the thing I am following.

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October 07, 2017, 03:59:41 PM
 #791

if in my opinion, any bitcoin fit again down we can safely resist first do not we think because I am, sure bitcoin will rise again that is important we are patient aja wrote for our savings one day fit we need fund pas.harga bitcoin again ride our new sell.
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October 07, 2017, 08:08:39 PM
 #792

Of course I'm gonna hold it. If you don't hold your coin you can not profit from it. Coin hold is one of the good tricks for trade.

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October 07, 2017, 08:10:45 PM
 #793

I will cash out instantly because a bitcoin crash is coming soon and it's better to exit at a high point and wait for the crash to make your buy ins backs. But never ever wait for it to go down much more that you can afford to loose.

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October 07, 2017, 08:40:08 PM
 #794

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 the price of bitcoin goes down and my buying price is higher i will definitely hold unto it because i know that it will recover and i am for a long term investment so i dont stress myself too much when the value goes down because it is temporary.

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October 07, 2017, 08:55:40 PM
 #795

I think, if I bitcoin price down after buying bitcoin at high rate, then without buying that bitcoin, instead of buying and holding some bitcoin with them, next bitcoin's price increases - when it sells The loss will be achieved by recovering. And that's what I think is 100% right decision. Embarrassed

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October 07, 2017, 09:42:28 PM
 #796

in trading requires the name of analysis either technically or fundamentally, so when we already know the price of Bitcoin will drop drastically in my opinion the best step is cutlose but otherwise if bitcoin price only decreased reasonable I think the best step is to wait until the price back up.

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October 07, 2017, 10:08:26 PM
 #797

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 my bitcoin earning and stay still into where it is stored and will not cut my loss because I still believe that bitcoin can still regain its price rate dump in a matter of time. I will not cut my loss because I have already done it before and that thing was the most regretful thing I think that I have done related to bitcoin. So for that thing not to be able to happen once again, I will remove all my doubts and just stay calm that bitcoin will recover and will pump once again to regain my loss from the dump.

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October 07, 2017, 10:18:37 PM
 #798

Well the majority of people will hold if the price falls. We have seen some amount of panic in the markets recently so I'm sure people sold their bitcoins at a loss thinking it was the end

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October 07, 2017, 10:28:24 PM
 #799

Well the majority of people will hold if the price falls. We have seen some amount of panic in the markets recently so I'm sure people sold their bitcoins at a loss thinking it was the end

Good to know people are gradually learning from their past mistakes. Panic selling has crippled a lot financially in recent times and i'm glad a lot have started learning from their mistakes. I wouldn't at any moment in recent times sell my coins due to fluctuations but only when there's a dire need for me to sell.



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Rainbot
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October 07, 2017, 10:30:51 PM
 #800

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! i will never cut my losses, i follow the flow of dip to buy more bitcoin while bitcoin is in the dip, then i will hold it for long period of time to see what happens in the future. i believe in bitcoin so even bitcoin goes in the dip and its price decrease for almost 10% i will never cut my loses instead i will use that moment to bought some.

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