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Author Topic: If bitcoin price down, will you hold or cut your loss??  (Read 28448 times)
Blackdeath
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October 11, 2017, 09:14:27 PM
 #881

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 probably still hold into my bitcoin even the price goes down because I will not let the same thing happen again in the past wherein I do the cutting of my loss and I really regret what I have done because I am not able to get the chance of gaining a large profit because I got panic. So to be able to avoid that thing to happen again, I will just hold my bitcoin until its price rate pumps again because I believe that after every dump, there is always a following pump.

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donotlean
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October 11, 2017, 10:10:29 PM
 #882

of course i will hold my bitcoins i hold it even become 3200 from the 5000's.This job needs some patient i think.i always keep some money and dont touch the my btc's

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October 11, 2017, 10:19:48 PM
 #883

if bitcoin price goes down, i will hold, why will you cut loss when price will still go up back? bitcoin started with a single digit dollar, now its heading to 5000$
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October 12, 2017, 12:19:43 AM
 #884

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 when the price goes down. It's always unlikely to happen on getting losses of your bitcoins. We have always the same scenario on holding bitcoin. We couldn't stop the price goes up and down. The good thing is you have the bitcoin as early as possible.

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lucy1215
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October 12, 2017, 12:41:46 AM
 #885

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??

The basic strategy for this is to hold bitcoin when the price go down because it will recover eventually right now the value is recovering and i think i am gaining profit that is absolutely good news.

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October 12, 2017, 08:04:22 PM
 #886

I would definitly keep it for a prolonged time.All I know,trading is all about patience ability..if you cannot keep,you will drop funds.But if you hold out, I consider there you can make a very good profit.
Vaflia
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October 12, 2017, 08:10:25 PM
 #887

Hodl, hodl, hodl!!! Depends what the situation is, but mostly trying to keep because in the long term (over a year) the price of bitcoin will be higher than when you bought it.

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Zicadis
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October 12, 2017, 08:10:25 PM
 #888

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??
Here is something people do not tell you every day, instead of choosing to break even or dumping your coins for fear of a crash...let us try to jump in the deep end and buy more bitcoins while others panic sell, high risk is a guaranteed high pay and generally all cryptocurrencies need time to be recognised on the market to be of high value.
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October 12, 2017, 08:18:05 PM
 #889

People were expecting that price will hit $5k at the end of the year but right now we are sitting on ATH price which suggests that price can go much higher in coming days and even if price crashes in next couple of days there is nothing to worry as price will surely bounce back in long term so there is no point in selling your coins at low price and it would be better if you wait for the price to rise once again and that is definitely possible in long term.

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October 12, 2017, 08:19:26 PM
 #890

Hodl without doubt. If you are not a great trader and you do not really know what you are doing better to hold as in the long term you will always win.

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October 12, 2017, 08:21:41 PM
 #891

If you _need_ to sell, it is what it is. If not, HODL.
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October 12, 2017, 08:27:50 PM
 #892

People were expecting that price will hit $5k at the end of the year but right now we are sitting on ATH price which suggests that price can go much higher in coming days and even if price crashes in next couple of days there is nothing to worry as price will surely bounce back in long term so there is no point in selling your coins at low price and it would be better if you wait for the price to rise once again and that is definitely possible in long term.
Today it is only the middle of October, and Bitcoin has already reached more than 5000 dollars. Today, the exchange was the price of 5400 dollars. I think that this is not the limit and the end Yes we will see an even greater price. Therefore, I would not so not trust the forecasts.

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hurain
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October 12, 2017, 11:26:12 PM
 #893

Hodl without doubt. If you are not a great trader and you do not really know what you are doing better to hold as in the long term you will always win.
I am holding my bitcoins for last one year, In this duration i experience so many ups and down, but still i am holding my bitcoin. because i am sure that bitcoin will increase too much as it has a lot of potential. I will like to continue holding my bitcoin for next few years, because it is expected that after few years the price of bitcoin will be trading in a very very high price.
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October 13, 2017, 05:39:55 AM
 #894

If the value has previously decreased, it helps make no sense marketing your bitcoins. You shouldn’t be an professional to know that it will go increased in some time. So, if you really don't need to have funds appropriate now - do not offer your bitcoin.
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October 13, 2017, 09:32:38 AM
 #895

For the long term thinking, I think I will keep the bitcoin as an invest.
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October 13, 2017, 10:03:27 AM
 #896

For me, I will just hodl it and just don’t look at it  Grin .There are laso time that I bought for a lower price to have lower average. I think,  being emotionless while in this time is very important. It will prevent you from making bad decisions  and can calm yourself. It is hard, I admit, no one can perfectly do it but once you manage your emotions, it will be worth it. If you really believes in bitcoin, then you will see this as a buying opportunity.

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October 13, 2017, 10:10:42 AM
 #897

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'll just hold my btc and wait for the big pump. As I observe on bitcoin movement since I became a bitcoiner bitcoin price is always have a big dump and afterwards it will bounce back with a big pump and never back again. It always go to the moon.

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October 13, 2017, 10:25:29 AM
 #898

For me if bitcoin price goes down, will still hold even if take loss of money. Because I’m sure that bitcoin price will rise up and back to normal or even it will past the price of 6000$. Smiley

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October 13, 2017, 01:28:45 PM
 #899

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 you buy bitcoin at the high price it will not affect the price it goes pump if many are buying in high it also high too. But bitcoin price will goes down if there no user buy in high price because it can afford to buy in high price so the demand will dump and price is decrease. I will do is to hold my bitcoin until the price back to normal.

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October 13, 2017, 01:37:26 PM
 #900

For me if bitcoin price goes down, will still hold even if take loss of money. Because I’m sure that bitcoin price will rise up and back to normal or even it will past the price of 6000$. Smiley
In different condition we have to take a different decision. If you are getting some profit from bitcoin the you should sell your bitcoin and secure your position for buying again in a low price, but if you have purchased bitcoin already in high price then you need to hold and wait for some time because the bitcoin price will start rising again after some time and you will surely recover your position.

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