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Author Topic: bitcoin now slowly drop should i sell?  (Read 4505 times)
BTCeminjas (OP)
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December 07, 2017, 12:45:06 PM
 #1

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
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Salex90
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December 07, 2017, 12:47:32 PM
 #2

It's been going down a few hundred dollars after todays peak over 15k. No need for panic.
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December 07, 2017, 12:50:58 PM
 #3

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
It will be your choice wether to sell or patiently wait until.its market value again, increase. Bitcoin is volatile in nature and changes on its market value such as deflations should not be that surprising. it is normal in other words. And with such, if you are aiming for bigger prifit in the future, you better HOLD since it is expected to be more expensive in the future.

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December 07, 2017, 12:56:57 PM
 #4

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
Don't panic just a little drop but it will rising up again many speculation that bitcoin hits to $100k in 2018. That's the part of being cryptocurrency unstable price due to volatile bitcoin, so no need to worry dude just continued saving don't sell on it.
But still the decision is yours whether you sell it all, much better to keep your bitcoin. Keeping bitcoin is just like investment it is grow by itself.

miyaka26
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December 07, 2017, 12:57:26 PM
 #5

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
Bitcoin will have short drops this December why? Christmas is coming, a lot of people will cash out a large amount of bitcoin thus will affect the price plus it is normal that it will have decreases after the huge price increase but this is just my opinion, the market is so unpredictable, risks are always there so to avoid such errors always watch the market price and news about bitcoin.

Aura
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December 07, 2017, 12:59:07 PM
 #6

Bitcoin needs a small correction to grow further, it's not something to worry about. If you don't want to take the risk then you can cash out half of it and hold the rest to see what the price will do but it's your own choice. I don't recommend either selling or buying all at once, it's much better to spread the investment out over more days. I regret selling most of my Bitcoins at once when it reached $200 and I'm sure there are people that have the same regrets.
ChainSmoker
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December 07, 2017, 01:03:29 PM
 #7

Lol why some people panic so easily when Bitcoin price falls a little? It's only few dollars drop.No need to dump your coins.Keep hodling and price will bounce back up.I kind of think the current movement is a bubble and correction will come but still I am hodling my coins because I am sure Bitcoin price will be much more in few years Cheesy

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December 07, 2017, 01:06:34 PM
 #8

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
what will you do if Bitcoin correct till 10.000 and after  rise to 20.000 with in 1 week?
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December 07, 2017, 01:07:31 PM
 #9

I feel you,I'm holding bitcoin too and was amazed on how the value grows. But the choice is still yours, if you're satisfied of what you have earned now and don't want to take risk anymore on holding that coin then you can sell it.Or you can sell just part of it ,just set percentage of the amount of bitcoin you can afford to hold.Though there's still a probability that bitcoin will increase more just be patient.
BingoDog
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December 07, 2017, 01:08:21 PM
 #10

Nothing unusual. Bitcoin price moves up or down for a couple of hundred of dollars all the time, so nothing to panic for and no need to sell unless you have to. To my opinion 14.000$ or 15.000$ is not the max peak bitcoin price will achive so it's worth to hold little longer if you don't need the money at the moment. Don't forget that volatility is a normal process tied to bitcoin and the price will not rise or fall all the time without changes. So think twice before you sell.

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December 07, 2017, 01:18:10 PM
 #11

the decision is yours if you want to hold it or sell it, but just a piece of advice if you have a money that can sustain on your needs its better to hold it than to sell it because nowadays it became popular globally and the price of bitcoin continue to pump up, but if you are satisfied on the price of the bitcoin then sell it
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December 07, 2017, 01:21:14 PM
 #12

depends if your lt or not,  short term volatility doesn't matter if you think long term,  this summer btc will be at 30k , my opinion...
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December 07, 2017, 01:21:45 PM
 #13

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
The droppng price of bitcoin is slowly down. I think it is only natural because after we encounter the rapidly changing of rising up the price we can expect this we can predict this in this way because we know that the bitcoin ia fluctuating and in thia way we might know what might happen next if it is dropping low or rising up the price but because riaing up the bitcoin i knew this happen the price of bitcoin now os dropping low. Dont panic its only natural dont sell your bitcoin or else youll regret this
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December 07, 2017, 01:27:11 PM
 #14

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.

you must sell right away and this has nothing to do with the price rising or falling. it is because you don't understand the market and you just want to get rich over night. there was a small correction of about 3% and you are calling it "drop for a while" and it only lasted 50 minutes not even a full hour! before the reversal and continued rise.

even a stop loss is much bigger than 3% drop.
if you want to panic for a drop at least wait for a bigger one like 10% at least before you start panic selling. and I think it just shows you have invested more than you can afford to lose.

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December 07, 2017, 01:37:30 PM
 #15

Stay calm be patient, this is the characteristic of btc.
A repeating incident. For me its normal because  i  already witness the flow of cryptocurrency it has no definite value. And from time to time it fluctuates. Its up to you when to sell as long you gain profit from it;)
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December 07, 2017, 01:40:36 PM
 #16

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
if you really need the "money" you can sell a little from your total coins. but if you don't really need it. it is worth to wait because fork will coming and people still buying it for now

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December 07, 2017, 01:46:19 PM
 #17

If you want to enjoy your profit, then sell some.  Bitcoin has reached $15,000 and you already have a great profit if you bought yours at the beginning of 2017 or earlier.  Hold some so you still have btc when the value went up as predicted by the experts.

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December 07, 2017, 01:50:26 PM
 #18

I think you should keep hold it, Bitcoin slowly drop only temporary and will be rise again and can not be stopped
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December 07, 2017, 01:53:33 PM
 #19

Bitcoin now drop for a while should I sell this or hold what should I do?

until the time I write the price is staying above the $ 14,700 and that is already very high considering that until days ago was much below that price, if you plan to hold your bitcoin for more years so you do not have to worry if by chance the price falls. Now, if you have made some loan to invest in bitcoin and you need to pay out this loan, then now is the right time for you to sell all the bitcoin you have and pay the loan or as some people have already said, if you need this money to other needs that you have in real life this is the right time to sell your bitcoins.


I have huge btc in my wallet.
Please share your opinion about this.

Do not take my opinion as if it were financial advice, you should look for many options and make your decision based on the problem that you need to solve



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December 07, 2017, 01:54:32 PM
 #20

Bitcoin now drop for a while should I sell this or hold what should I do?
I have huge btc in my wallet.
Please share your opinion about this.
Many are speculating bitcoin to reach atleast $20k before a correction, they are the same people who thought bitcoin price will be dumped after reaching most waited ATH price of $10k but it didn't. Same can happen when it will be over $20k, I would suggest you to sell half when it will be at $20k within next few days (before bitcoin future will be listed) and keep half for future gains.

Bitcoin is still bullish and to sell I am waiting for reversal signal...
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