I AM HODLING

[HeRetiK]

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

Bankers have been advising against Bitcoin for years and China has been "banning" crypto-currencies since 2013 so the fundamentals haven't changed in that regard. The infrastructure on the other hand has gotten much better and most importantly -- Bitcoin is still here and going strong. The longer Bitcoin prevails, the more established it will become.

The forks are a different question of course. While the BCH fork was retrospectively quite healthy for BTC, I'm not so sure about SegWit2x. But that's another discussion.

Regardless of that I agree with you. It's easy to tell other people to hodl while you yourself are in the green.

[Golftech]

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

Bankers have been advising against Bitcoin for years and China has been "banning" crypto-currencies since 2013 so the fundamentals haven't changed in that regard. The infrastructure on the other hand has gotten much better and most importantly -- Bitcoin is still here and going strong. The longer Bitcoin prevails, the more established it will become.

The forks are a different question of course. While the BCH fork was retrospectively quite healthy for BTC, I'm not so sure about SegWit2x. But that's another discussion.

Regardless of that I agree with you. It's easy to tell other people to hodl while you yourself are in the green.

but if things crashed and huge downfall happen for sure panic will  also be felt and worries will start to happen I'm also positive that everything
still in good shape even there's a lots of struggle coming this week or maybe the whole month bitcoin will still a good investment to hold.

[BitcoinExpart]

This will be the right choice, HOLD our breath, don't overwhelmed those FUD news. True, it was overdue, but his comments create FUD, there are a lot of inexperienced people trading this news.

[CryptoBry]

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

I beg to disagree that it can still be gloomy within the next few weeks. Right now, there are already new rumors that eventually China will never be banning Bitcoin exchange but would rather regulate them strictly and the same thing can be possible for ICO projects...they will need to get permit first before doing the business. This can be a good compromise compared to complete ban.

[ChainSmoker]

Keep on HODLING people.I will still HODL if price even dumps to 1000$.i believe in bitcoin and anything below 10000$ is undervalued for bitcoin for now.Price will jump back up when traders are done with profit taking from week hands.Buy some bitcoins if you can and at the very least Keep hodling.Nothing to worry about. 

[bajing]

I think holding is a choice we have to decide then who knows what to do is our own, like me now honestly I prefer to sell some bitcoin instead of holding and waiting for the price to go back because if the price will continue to fall then I can bought more bitcoin for cover my lost.

[Carlsen]

I am a hodler as well.
In my case, only a small part of my general investment is in bitcoin. Even if the price goes down further, that would be sad to see, but not really catastrophic for me.
But others might have bought at a much higher point, with more money than they should have. I can't really advise them what to do. I can understand if they want to cut their losses.
Nothing is certain at the moment.

[LFC_Bitcoin]

If it goes down any further I'm going to have a research about how to sell my BCH. Could be a good oppprtunity to increase my bitcoin stash if this goes down much further. I won't be panic selling any of my bitcoin's though.

[Taki]

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200.  $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period.  In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.  

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

I'm just going to hold and ride it out. That drop to $200 was a few years ago and I think Bitcoin has a bunch of new investors since then. Hopefully they won't all panic sell to make the price drop 83%. I guess less than a 50% drop from peak price.

If it drops below $3000 I might regret that I didn't sell but the hard thing is that we didn't know if the price would go to $7000 before a correction even though we knew a drop would eventually come. It's too hard to predict sometimes but I see the drop as a chance to buy more Bitcoins if it does go below $3000.

True. But holding is the logical choice because like everyone else's here, we are still positive that bitcoin can recover from all of this shenanigans created by those who want's to manipulate the price. We may regret not selling when the price is $4700 but who knows, after everything is straighten out we might see the light at the end of the tunnel. So I will hold and buy from this dip, simple as that.

Yes. That's right. We all here on the forum are bitcoin's supporters and believers and I don't think there will be something like: "I will not HODL". I'm also planning to hold my founds till I desperately need it. I suppose when the panic around Chinese exchangers will pass everything will come back on it's place.

[leyton11]

I think holding is a choice we have to decide then who knows what to do is our own, like me now honestly I prefer to sell some bitcoin instead of holding and waiting for the price to go back because if the price will continue to fall then I can bought more bitcoin for cover my lost.

Yeah, I do not know the reason make many traders keep this thought while they know the market does not easy for recover fast and continue falls down by FUD. Sell my Bitcoin and find new opportunity to buy back better than boring while the price of Bitcoin crash more every day.

[DustyRah]

Anyone in tune with the news would have dumped Bitcoin back in the 4xxx levels in a bid to book profits and buy back cheap later. HODLers will benefit in the long run anyway so its a win-win situation for both traders and HODLers.

Sooner or later Bitcoin will be $10,000 and people who don't buy when it goes below the 3xxx mark will be regretting it.

[noormcs5]

I am confuse to see the bitcoin price. I don't know why in this week bitcoin suddenly down, i have no valid reason. Because in the previous week, i have thought that in the next week bitcoin will definitely cross $5000, but now it has happened op-posit. But i am not a bad trader that's why i have patience and see what is happen till the end.

[btcbeliever]

HOLD!

Stick it to all the central bankers.
Stick it to Jamie Dimon.

Help provide a better future for your children and grandchildren, one free for fiat currency and globalist bankers who suck our blood like parasites!

[sommii]

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD 

[ChainSmoker]

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD 

There were some people like you who said the same thing before August 1 fork and smart HODLERS didn't listened to them and see how much bitcoin rise by then.I will still say HODL.It's the safest and best option for everyone 

[ragnar0k]

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD 

I am taking the opposite approach...
We know BC will hopefully go up again, so every time it goes down a bit (in this case, every 350) I buy some more. I take the profit once it goes up so I won't lose money in the long term by calling wrong bottoms.
Of course, it takes faith to do this...But if I don't believe in BC I might as well invest my money on JP Morgan

[lite]

I'm holding and buying a few bits lol, been looking for a drop like this to happen. i will sell some of my holding only when i see $10k+ price. i think $3k will hold.

[Blue9999]

I caught a falling knife and made 0.1 btc (not much) lol

Anyway I am holding as well 

[sommii]

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD 

There were some people like you who said the same thing before August 1 fork and smart HODLERS didn't listened to them and see how much bitcoin rise by then.I will still say HODL.It's the safest and best option for everyone 

I have sold my BTCs once they were ~4k$/ea. I should have done it earlier but well. I could just buy them back now and earn ~$7000 for free but it's still not worth it as I can buy it back in a month and earn ~$15k while "smart holders" will wait for months to get a profit. BTC will go down, no matter if you will hold it or not. BTC= China.

[Wilhelm]

I caught a falling knife and made 0.1 btc (not much) lol

Anyway I am holding as well 

Some knives fly up .... trust me Bitcoin doesn't obey gravity

Therefore HODL!!!