2017 Christmas "correction"

[AngelSky]

I think if you're not tough enough to deal with this situation just exchange them all to USDT and hold til you're back to work.

Do not exchange the bitcoin to USD at anytime you will find the bitcoin price bumped in the chart with in some days so selling bitcoin for USD is not a advisable option to see the profit because as we knows that bitcoin price will be bumped more than 10K usd from the value see now in the end of next year.
Every year bitcoin price bumps only in the time of Christmas but this is the first we are finding the dump due to Segwit2x activation on the bitcoin.

[1715013572]

1715013572

[samtarly]

It is quite hard actually because i was planning on selling them at a very good price before christmas but then this market correction happen and boom the price went off but i still stand firm with my bitcoin and i will wait for its price to get back again, hoping next year

[fabioganga]

Bitcoin is not new to price corrections, I guess a lot of people have sold BTC during Xmas to convert it to fiat and pay for holidays, gifts, etc.

I am holding no matter what, absolutely.

[Hach]

Like most of Christmas before, cryptocurrencies prices goes down. Personally i'm holding most of my portfolio, i just dumped few altcoins that i'll buy later with lower price.

[Tamilson]

Like most of Christmas before, cryptocurrencies prices goes down. Personally i'm holding most of my portfolio, i just dumped few altcoins that i'll buy later with lower price.

That's a good move actually because recently alts are gaining the spotlight again so better to sell some of it and hold bitcoin.
The trajectory position of bitcoin is nowhere to go so as early as now accumulate as many as you can and be ready for new ath.
However, bitcoin is crawling slowly in the market but making sure that it's in the right position.

[ToxaBit]

I think that you should not rush with the sale of bitcoins, after the holidays the price will still begin to grow, vzmozhno with less intensity, but there will not be a fall.

[layoutph]

Lols, I voted for "I sold all my BTC". Yes I sold it at 15k, but wait, I'm planning to rebuy it at 8k or 10k. In this way, I could have 40% to 50% more Bitcoins than before. Be practical guys

[unneros]

I am waiting for the official announcement from the traders in the telegram group. But it seems the crypto market will continue to go down if other traders still want to sell all their owned altcoin.

[Harlot]

I have timed it well luckily I have converted my Bitcoin to Fiat Currency when it was proced around 20,000$ and currently bought back Bitcoin at the amount of 12,600$ . I have a considerable increased in terms of Bitcoin quantity. Good thing there are corrections such as this one as it can make you collect more Bitcoins in the long run. I hope that this strategy will work in the long run as increasing your position with the use of its volatility is a good way to increase your profit.

[gabbie2010]

Hodling my bitcoin is the best option for me now irrespective of whatever dip or correction taking place presently some of school of thought opinionated that it was due to Christmas dump, personally  I observed the behavior of bitcoin whenever there is a correction, bitcoin always recover in leaps and bound. e.g during the Chinese clamped down on some exchanges it affected the price of bitcoin dropping low thereafter bitcoin recovered.

[Mahanton]

I have timed it well luckily I have converted my Bitcoin to Fiat Currency when it was proced around 20,000$ and currently bought back Bitcoin at the amount of 12,600$ . I have a considerable increased in terms of Bitcoin quantity. Good thing there are corrections such as this one as it can make you collect more Bitcoins in the long run. I hope that this strategy will work in the long run as increasing your position with the use of its volatility is a good way to increase your profit.

Same situation we do have since i have able to exit and enter on the most precise price range of bitcoin on those times which it did really give me some serious profits on those times which i decided up to re-roll it or buyback when bitcoins price did able to go back on 12k price point which is the most good spot to buyback and until now im holding and waiting for reaching out that ATH again.