wawo (OP)
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October 07, 2017, 08:25:01 AM |
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same with me at bch i hold it from a few month *lol and now this price make me crazy ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Bakukang
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PITCH – THE FUTURE OF OPPORTUNITY
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October 07, 2017, 08:34:11 AM |
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For me i would keep it for a while.And i will wait for a little longer.Of ever there would be a chance that it will still go down,I will sell it.But if i saw some improvement and the prices change i will keep it and then sell it.
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spencermills
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October 07, 2017, 08:36:13 AM |
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sell quickly ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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erox
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October 07, 2017, 09:17:02 AM |
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Here it is impossible to give a definite answer.All depends on a million factors: under what circumstances dropped the price, how much %, news etc....
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Hotel_Prodeo
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October 07, 2017, 09:40:03 AM |
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I think the hold is better than we sell, the current price is too cheap and I'm sure users are getting to know about BCH so it will increase the price someday.
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ArtPt
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October 07, 2017, 09:45:08 AM |
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It strongly depends on reasons for price drops. In case of no information I prefer to hold, because panic sells never gets profitable at all.
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AimHigh
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October 07, 2017, 09:50:09 AM |
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if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
Don't be panic if the coin was going down why? because its normal for the fluctuation of coins not always was going up and its your strategy how you handle your coins like if you are in threading if you know that the coins is continues going down convert it and if you notify that coins is going up convert again because that is the one you creating and income.
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xIIImaL
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October 07, 2017, 09:56:07 AM |
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I think the hold is better than we sell, the current price is too cheap and I'm sure users are getting to know about BCH so it will increase the price someday.
BCH cost will not be bump continuously and I am 100% percent sure that this bump will long last till 1 month or some more. Please hold your coins 15 days and sell it out. You can get the more amount for BCH after that. Soon Bitcoin Gold is gonna implemented therefore we will be finding this coins cost very low than what we are saying that.
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Ch1bi
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October 07, 2017, 10:00:41 AM |
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if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
It depends. If it's a coin in which I believe in the product, I would hold for long term. However if it's a coin where you just want to make a profit from and there isn't much information about it I would sell.
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batang_bitcoin
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October 07, 2017, 10:24:55 AM |
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if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
Panicking is not the answer if the price of the coin you have bought is suddenly goes down. Try to wait for some more time as if you bought that coin you have a feeling that will pump very soon. You don't buy a coin without doing some research behind it's economy. And just focus on your long term goals because that's going to make you proud when you believe on that coin but if you want to cut your losses don't regret when you suddenly see it goes up.
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Rent this sig space so that BTC goes to $100k.
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Legendari
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October 07, 2017, 10:27:59 AM |
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To be or not to be..... It all depends on the circumstances have pushed the price down and the specifics of the coins.
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asba
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October 07, 2017, 08:18:09 PM |
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You lose money only when you sell. So you have to decide whether you want to lose it or wait and probably make a decent profit from it.
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procesdad
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CAT.EX Exchange
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October 07, 2017, 08:29:14 PM |
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What altcoin do you have? It's something connected to your altcoin. I think you should keep it. You have to be patient,dude
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Svelto
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October 07, 2017, 08:37:47 PM |
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If the coin price go down significantly, I will check whether there is any news that is causing the dump. If there isn’t any, I will hold the coin.
When I just started trading, I make mistake by panic selling, it is not good and cause me to lost money.
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_Dawid_
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October 07, 2017, 10:02:59 PM |
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It depends on cause of that case. For example on top 10 coins the growths and declines are caused mainly by speculation, media news etc. Then for sure you should wait (hold coins) and sell when price will be higher than when you bought coins. If we say about coins with less market capacity then for sure you should make research and check the cause propably on main topic of your coin(every coin has own topic on bitcointalk). And then decide if its temporary or permanent situation.
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cynical
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October 07, 2017, 10:22:23 PM |
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There would be a lot of things to consider before selling or not. Did you make a good investment to start with? What are the circumstances behind a sudden drop? What are the chances of the drop being temporary?
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bitcoinmuseum
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October 07, 2017, 10:40:02 PM |
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you should give an idea based on the quality of the altcoin but I suggest you be patient. keep calm and hold
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khufuking
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October 07, 2017, 11:05:20 PM |
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Well if you felt that you got trapped in a shiticoin just cut your loses and get out , The good trader is the one who knows when to stop lose not just when to collect profit . But also keep in mind even with strong coins jumping in while it is on the top of a bump is never a good idea and you might wait for really long time to recover the price at the entry point you bought at .
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Rastadon
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October 07, 2017, 11:12:38 PM |
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Just hold your coin but if you are seeing your coin will not have the future and you must try to sell all of your coin to minimize the loss. Because you are know about the fact your coin will never came back again to get the decent price.
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DigeNarrator
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October 07, 2017, 11:55:26 PM |
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if the coin you buy suddenly goes down, what do you do? panic sell or hold ??
It all depends on what is the currency; If it is one that, I have faith in it and still has a promising future, I take advantage of its lower price to buy more and double my future earnings. just as wolf wrote, but in my case i never buy a coin that i am not sure for it to have a promising future so i never have to panic sell.. and it works for me for the long run
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