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Author Topic: will bitcoin price continue to go down?  (Read 1762 times)
kiddeon123
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January 29, 2018, 11:54:06 AM
 #1

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

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January 29, 2018, 12:04:42 PM
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I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

Base on what I read before, When bitcoin reach $1000 it go down to aroun $200. But as you already see bitcoin now is really far from what its previews price. So that I conclude that there are really bad times for bitcoin, but hopefully, bitcoin will rise again.

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January 29, 2018, 12:10:06 PM
 #3

In my opinion the best answer is to hold it. Why? you ask. Because bitcoin is already in demand in the market many people are going nuts in bitcoin and it will continue to grow. There's no such thing as easy millionaire. It takes years for an investment to grow that's what i have learned in investing.

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January 29, 2018, 12:11:24 PM
 #4

Bitcoin go down right now, but I'm sure the next month the price of bitcoin will up higher again. Just hold your btc and wait the next month, you will get lots of profits.

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jpespa
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January 29, 2018, 12:21:58 PM
 #5

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

From what I have observed these past few months from last year 'til now, the movement of price is just playing around $10k to $11k. It seems that the price became a little bit stable for now. I don't have any experience yet in trading but if I were you and I want to save my remaining bitcoin because of the thought of bitcoin price going down, I will hold it for awhile and will set a specific value that will determine my decision to sell it and that is to wait if it would reach $12-13k (to secure my remaining investment) or go down until $9700 (to prevent anymore losses)

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January 29, 2018, 12:24:01 PM
 #6

i think it's on sideway position which is will swing for around 11k to 12k, we hope the storm is end and will hit 15k soon

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January 29, 2018, 12:28:12 PM
 #7

I just suggest you. You make your bitcoin just hold it thats a normal in bitcoin price up/down the bitcoin not still stable down price hold it until a few month and the value of your bitcoin is going up.
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January 29, 2018, 12:30:14 PM
 #8

I am not sure. it is time for the bitcoin price to go back up and back to the previous price. see the development of bitcoin graphs. I think the bitcoin price will rise again and touch the highest figure before this month. because many are speculating as such. we just wait.

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January 29, 2018, 12:36:07 PM
 #9

Like any fraudulent scheme it will eventually go down and the whole so called cryptocurrency market will go down to almost zero and only 10-20 cryptos will survive like Apple and Amazon did!

So those who will hold the right coins will win, others won't!

It's not if, it's when!

Blockchain in itself will be used in many spheres in the future, it's a given!
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January 29, 2018, 12:38:42 PM
 #10

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.
Hello kiddeon123! I think the price will go down up to 7 – 8 after that prices will go up to 14-15. I think this is a bubble and this is good news for you because if this is a bubble then we need wait for newcomers in crypto world. Every person want money and they are ready go on any risks!  I know a lot of people who don't want listen anybody and they sell theirs assets for to be able to invest in bitcoin. They will be the next who pay for it. On your place then I will prefer hold it. Don't panic it's normal.
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January 29, 2018, 12:41:51 PM
 #11

We cant say that bitcoin price will continue to go down because bitcoin price is so volatile, it goes up and down at any time. Maybe this time it's going down but i'm pretty sure it will increase again in the next few months. Just hold your bitcoin if you have but if you want to sell it because it is decreasing in value, it depends on you.
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January 29, 2018, 12:42:18 PM
 #12

Well, seems like no one is even mentioning the Tether discussion, but it's something to seriously consider, if it's all FUD then no worries, but if there is any seriousness in the topic, price might crash up to 80% as far as i can read.

Can anybody elaborate on this subject? anything to understand better the issue?

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January 29, 2018, 12:46:11 PM
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 #13

last time price went down 1/4 (or 25%) was weeks ago and since you have already missed the chance to sell before the drop and held this long why would you want to sell now? specially because there is no indication of any more drop?

for example there are times when there is an indication, such as the FUD regarding Korea + China banning bitcoin. or the FUD about bitcoin splitting into two chains and dying like back in pre-August time.

remember that you only sell when you speculate a drop (before it happens) not when it is already over.














 

 

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charlotte04
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January 29, 2018, 12:58:52 PM
 #14

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.

This is just a part of a huge corrections, Bitcoins price will eventually go back up when the right time comes, so just relax. Why you're at it, try to buy some cheap coins, there are so many of them right now, eventually you'll recover your losses.

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January 29, 2018, 01:04:25 PM
 #15

I have already lost 1/4 of my investment in bitcoin. what can you suggest? should I continue n holding bitcoin or should I just sell it to cut my losses? I eagerly need your help on these one, specially to those people who has experience in trading.
Your BTC may be worth 25% less than it was when you bought it, but keep in mind that you do not lose anything unless you decide to sell below the price you bought it at. I'm not worried about BTC's value - if you look at the charts, don't just look at the performance from the last few months - ZOOM OUT. Don't give in to FUD. I am confident we'll see a new ATH later this year (that's what my crystal ball said). I am short-term bearish & mid-term bullish myself.
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January 29, 2018, 01:10:43 PM
 #16

No one knows if bitcoin will drop continuously this coming next month. I know it is really disappointing when you lose some of your money on investing in bitcoin because you expected that it will reach $20,000 before the year 2018 however the opposite happened. I read an article from a site that China and South Korea already banned bitcoin and for sure that bitcoin's price will drop again. I just can't predict what would be the value of bitcoin.

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January 29, 2018, 01:15:55 PM
 #17

At this moment bitcoin losing it's price almost half! but i  think bitcoin is getting rise again, so you can hold your bitcoin for future.

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January 29, 2018, 01:18:12 PM
 #18


not much you can do, now you are risking everything. one thing I'm sure of, bitcoin will rise again that's why I still hold the bitcoin just like you. not for current trading, just waiting for momentum and monitoring every market movement. this is what i do

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January 29, 2018, 01:20:40 PM
 #19

I think the bitcoin price will only go down in a few more days,because according to the news I read the price of bitcoin will go up again in February,so maybe the bitcoin price will not go down with a long time again, and the price of bitcoin will rise more than the level of the previous one.

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January 29, 2018, 01:22:21 PM
 #20

Bitcoin has been consolidating between 10k to 12k region for a while it would breach the resistance at 12k as well as support at 10k and there would be a bounce in opposite direction from each of them. It is kind of normal for bitcoin to do so. Currently, charts indicate both an upward movement as well as downward movement. Whatever is the case, Bitcoin will recover in long term but in short term it can tank some more.

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