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Author Topic: Hodl or sell my bitcoins and buy again when it’s gone down even more  (Read 354 times)
goku19 (OP)
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March 25, 2018, 05:38:49 PM
 #1

I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...
sari_
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March 25, 2018, 05:45:20 PM
 #2

if I prefer to sell my bitcoin even though Untungya result is still not how. because I'm afraid the price is not added up even more down .then I buy the coin again when the price is down.
tiggytomb
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March 25, 2018, 05:57:19 PM
 #3

That is the game, do you sell now and hopefully get a lower price to buy back in or by selling now will it start to increase after you have sold.

You could take some out if you are dependant on your 1 btc financially, you could also look at the altcoin markets but seeing how concerned you are with bitcoin it might not be the best move as alts are far more volatile than bitcoin.
spartanrules
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March 25, 2018, 05:59:56 PM
 #4

Of course Bitcoin long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.
goku19 (OP)
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March 25, 2018, 06:01:22 PM
 #5

That is the game, do you sell now and hopefully get a lower price to buy back in or by selling now will it start to increase after you have sold.

You could take some out if you are dependant on your 1 btc financially, you could also look at the altcoin markets but seeing how concerned you are with bitcoin it might not be the best move as alts are far more volatile than bitcoin.
Ya if bitcoin goes down then I think altcoins will also go down and go down even more... I am not totally dependent financially on those 1 bitcoins but yes I invest some decent amount of money into it...really confused on what to do
crairezx20
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March 25, 2018, 06:03:17 PM
 #6

Mostly it's a fake news, the reason for the price down it's because of panic selling due to spreading FUD's.
If you lose already and still holding your bitcoin I suggest that you stay holding it until the price reaches the higher price to make a good profit than you are selling it for a low price then you lose.
I hope that you have some extra money for investment if you find the price dropping, buying will be a good idea and sell them if the price increases back again. Just to save your bitcoin for losing profit and make a profit for extra money.
Ferki
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March 25, 2018, 06:05:12 PM
 #7

HODL is everything i can say at this moment.There is no new technology that can beat blockchain right now.But i´m not financial adviser  Cheesy
BETAWI
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March 25, 2018, 06:16:28 PM
Last edit: March 25, 2018, 06:47:47 PM by BETAWI
 #8

it is currently bitcoin is down, and this bitcoin price decline make some investors are worried about losses. for that if we have a lot of bitcoin if it is worried about greater losses should be to sell some bitcoin and leave some of it to wait for price movement bitcoin Furthermore, because bitcoin prices can go down and can also rise anytime, for that we must be patient waiting for rising bitcoin prices in order to benefit from the investment that we do today in bitcoin.
MakeMoneyBtc
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March 25, 2018, 06:18:09 PM
 #9

Nothing is sure right now. These days the price could go up to over 10.000$ or go down to 5000$ because the price stays stable at 8000$ since the beginning of March and no one can tell you for sure what is going to happen. I would recommend to just hold you bitcoin in wallet because the price is going to increase someday and you are going to make profit. It is much safer than selling your bitcoin now and waiting for the price to go down since everyone wants to go up. There are dozens of news against bitcoin wich say that the price will go down but it seems that bitcoins is stable at 8000$ and it is not moving in any direction. Last days after the summit the price increased to 9000$ so probably when the next summit is going to take place bitcoin will go up to 10.000$
Ridwan Fauzi
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March 25, 2018, 06:18:31 PM
 #10

Could you mind to put a source where you see news bitcoin will go down? If you really have one btc on your wallet you should more carefully to read the information. I suggest to you for read in the site who have trustworthy, like https://www.ccn.com and https://cointelegraph.com I'm sure both site is good for use a reference. And now, if you still remembered with news that your read before, I have solution for often see the movement price, if the price continue to decline you must sell it and buy when price in the lower price.
Lintel
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March 25, 2018, 06:19:22 PM
 #11

Of course Bitcoin long term investment. That's why we should just hold out bitcoins now. And no doubt that it will growth ten times minimum from this levels of price. But now we see simple correction. We should just wait for the end of it.

I agree with you. if you invest your bitcoin for long term I don't think you have to worry because I know it will double the price of your bitcoin.There are some speculations that before bitcoin will hit 50k usd it will experience its dip again. so If I were you , hold your butcoin and wait even it takes time.
carlbreezy
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March 25, 2018, 06:24:52 PM
 #12

If the average price of what you are holding is lower than the current price then you can go sell. But i would recommend to just sell a portion of it.
beskid
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March 25, 2018, 06:26:57 PM
 #13

Bitcoin can not fall below 8k dollars for a long time. One of the reasons is that mining will not be profitable for most miners. AMD and Nvidia know about this and partially control the cost of bitcoins.  There are a number of other reasons, but I think that is enough.
yanimkurniawan
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March 25, 2018, 06:41:23 PM
 #14

I will not sell my bitcoin for a low price, for me bitcoin investment in the long run, and I will wait for higher prices, so we will get many benefits in the long run.
LadyCoin
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March 25, 2018, 07:04:48 PM
 #15

if I prefer to sell my bitcoin even though Untungya result is still not how. because I'm afraid the price is not added up even more down .then I buy the coin again when the price is down.

depending on your own if you are not sure that bitcoin will go up sell it, but if you sure defend it right .. or you can sell some of it and the rest of the defense ..
coinmaster241
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March 26, 2018, 04:08:43 AM
 #16

I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...
Hold it, considering the negative Issues about Bitcoin now very much from various parties that make almost all Bitcoin holders restless. Don't be consumed by negative issues in various media because it can make you more unsteady. Always discuss to the experts in Bitcoin trading in BCT forum.
Analyzing our coins is important to support us making decisions, analyzing our own coins much like :
  • Fundamental Analysis (formulas, graphs, etc.), or
  • Technical Analysis (financial data, market share, business cycles, etc.)

I tend on Fundamental Analysis because it is easy to learn for beginners like me with 2 or 3 different sources eg, between coinmarketcap and google trends
There is almost the same data between current trends and bitcoin prices, this is only a small part to complete when your decision-making, hopefully useful
Bervelukan
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March 26, 2018, 04:12:59 AM
 #17

Better you do not sell your bitcoin, hold your bitcoin better, because when you sell bitcoin and suddenly the price goes up, you will experience great regret, you can buy again when the price goes down by increasing your capital.
pooya87
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March 26, 2018, 04:15:21 AM
 #18

I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...

price may go down but saying it will go down is just fake news and FUD. there is no indication of any price drop as there is no indication of any price rise for now.
if you are stuck making a decision you can always sell smaller parts. you don't have to sell your whole 1BTC, sell 0.3-0.6BTC for example so that you have some money ready, of course sell only if YOU expect a drop not because you read someone saying it will drop.

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fortunecrypto
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March 26, 2018, 04:36:25 AM
 #19

I have read many websites and news that bitcoins can go down even more so I am started to bit worried as I hold 1 bitcoin right now and I can’t afford much loss.. so should I cash them out and buy again or it is a fake news that bitcoin will go down even more...

So you are holding Bitcoin at a loss, if you believe that Bitcoin can not get back again, then it's time for you to sell your Bitcoin, right now it's what we are seeing is not good we need to a strong faith or a Bitcoin firm believer to continuously hold Bitcoin at this trying time.

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March 26, 2018, 04:49:19 AM
 #20

If you sell your bitcoins now then also you will be in huge loss. So it will be better to hold your bitcoins for few more months. The price most proabably will increase in upcoming months.

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