Lorin
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August 31, 2018, 09:21:35 PM |
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again. Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go? Just hodl it The best thing is to hold if you want to earn more profit. Holding your bitcoin with patience will help you for a better future. Just wait for the price to increase and if you have enough money to buy bitcoin grab the opportunity, hold it and youll see the result if the price is high.
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Reality5
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August 31, 2018, 10:15:47 PM |
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I also agree with you. The only time you will lose is when you sell below the price you bought.
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anthonytcm
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August 31, 2018, 10:23:31 PM |
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I mean it's all up to preference, investing is a thing of feel, not feelings. Some people are better at feeling when to get in (and when to get out), but yeah eventually bitcoin price always goes up. So hodling is not a bad idea in the long run.
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arsenti
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August 31, 2018, 11:30:32 PM |
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DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
Yes, this is true, you never lose any amount in your holdings if you do not sell in low. just keep holding and make your self-comfortable in waiting for the Bull season. we will get into that soon.
Your understanding of this is very limited and fundamentally flawed. By holding in a prolonged bear market you're not literally losing money but purchasing power because your coins are losing value. People are saying to hold and never sell at a loss because they believe in BTC and that this bear market is only temporary. That's what I believe too, but holding doesn't make you safer or smarter than the rest. What if the market keeps declining and right before it's about to recover something bad happens, like another blockchain bottleneck or a series of hacks? You'll end up waiting another 5-10 years for a recovery. What you're referring to is the opportunity cost of holding in a bear market. If your holdings are worth $5,000, you might believe they will eventually be worth more, but the if you continue to hold it could continue to trend lower and you would be better off selling now and buying at the lower price and earning more in the long run if you're right. The problem with this is nobody can predict day-to-day movements, so selling opens you up to risk that you're wrong about the price continuing to drop in the short term and then miss out on the longer term trend of rising prices that you ultimately believed in anyway. Short term trading opens you up to more inefficiency than simply holding and taking advantage of long term trends. I can the logic in both arguments, in the end people have to chose the option they feel suits them best. I burned my fingers in the past with short term predictions and trading these, so this time I refrained from selling even though we just went lower and lower...but I don't have to check my balances or checkin on coinmarketcap several times a day...if you can't get that bit of a distance and scratching your hair everytime your coins sink lower than indeed the hodl strategy might not be the most suitable one for you.
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Gabali126
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August 31, 2018, 11:46:50 PM |
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The losses most people have recorded in cryptocurrency today was not just due to the fact that the prices fell, but it is due to the fact that they sold even when the prices were low. You have a choice to hodl.
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Chooroz
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August 31, 2018, 11:55:30 PM |
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this is a great strategy, I think you can not guess exactly, but the approximate numbers you get the right)
I will hold my bitcoin and wait a perpect time before i sell it, even it is hard to make a lot of money with bitcoin in short term i will always believe in long term holding cause i know that bitcoin will surely increase it's value on december 2018.
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leeheidrick
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September 01, 2018, 12:14:56 AM |
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I feel sorry for those who buy bitcoin at a price of $ 11000- $ 18000 hehehe ... lol, ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) now the average bitcoin price is $ 6000- $ 7000, I'm still hesitant about wanting to sell or save for a long time, but after I heard the prediction of the bitcoin price from you I want to sell and buy again at a low price.
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leeheidrick
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September 01, 2018, 12:16:03 AM |
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$ ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) What do you think? How low bitcoin can go? Now Bitcoin is just a speculative asset, having failed in all the uses that was talked about Bitcoin. See my threads. Bitcoin going to $800 Just made my day and cannot stop laughing Btc at 800$ and I always believe it will be with one more 0 to that figurewill be their. Just waiting when it will be back to 5 digit mark and people will regret for not buying at this time . I believe in you. The price of digital bitcoin money will get a 5 digit number again and I'm sure people will regret not buying bitcoin now.
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Sled
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September 01, 2018, 12:44:33 AM |
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this is a great strategy, I think you can not guess exactly, but the approximate numbers you get the right)
I will hold my bitcoin and wait a perpect time before i sell it, even it is hard to make a lot of money with bitcoin in short term i will always believe in long term holding cause i know that bitcoin will surely increase it's value on december 2018. You should not be sticking to that "perfect time" before selling your bitcoin because there is no perfect time and you should have a target price so you will have a clear and fixed selling point for your bitcoin so you will not be tempted to hold it more even though you already think that it is best to sell.
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Limar0
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September 01, 2018, 12:52:26 AM |
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This is absolutely correct. You are not in losing end yet unless you sold all your coins in this current market condition where the prices are too low. Keeping it all in your wallet is the wise decision to make whatever happens because for sure everything that's happening now it the market is just temporary.
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Friskaadew
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September 01, 2018, 01:34:51 AM |
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Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again. Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go? Just hodl it if I buy at a price of 5000 $ then now at the price of 2000 $ should I hold it? the question, how long? investment is not about hold and take profit bro, sometimes you also have to do cutloss to minimize risk
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nowbitco.in
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September 01, 2018, 01:37:23 AM |
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Hodling of bitcoin for some period of time puts some kind of fear in people since the market is not stable and these people cannot afford to lose after long term of hodling the coin
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cryptocurrencyguru
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September 01, 2018, 06:28:08 AM |
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Nt selling the coins is the first step for protecting for the future loss we should nt sell coins in a loss when the market is in bad shape we should wait for more time and be more emotionally strong
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Andrewhart
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September 01, 2018, 07:12:39 AM |
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I think that now is the best time to invest in the market of cryptocurrency. Having created a diversified portfolio of cryptocurrency now, you can see good profit in the near future.
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paulspider
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September 01, 2018, 07:48:02 AM |
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Market is not so attractive to look at hence I advise all to hodl for a longer time till market revives from its death. Stay focussed and you will enjoy.
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adiouqiue91821
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September 01, 2018, 08:38:40 AM |
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I believe this is most needed at the end of the year. following recent market turmoil and revitalization. Value is balanced and maintained to a small extent. If at the beginning of the year, holdings are not much effective against trade. That may be the opposite at this point until the end of the year. Be more patient for your received value.
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leeheidrick
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September 03, 2018, 12:19:12 AM |
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It's been bad since Jan. Nothing new here. The hot money pouring in last year is going away. better cash out on every rebound.
you're right, since January, the price of bitcoin has worsened and it's better not to save too long, to avoid things that are not wanted
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boled
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September 03, 2018, 12:34:32 AM |
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as long as you can make profits, just trade in the market, or trade on other coins. in principle all businesses always have the same risk. but this all goes back to yourself. know who you are. trader or investor. then decide to invest or play your bitcoin on the market. I decided to play it on the market, if the amount of bitcoin I could increase, why should I keep it in the refrigerator. I still believe that the value of bitcoin will continue to change and at some point it will reach extraordinary prices.
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Coleth
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September 03, 2018, 04:27:30 AM |
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Yes you are right, it is better to hold for a while than exchanging or selling because you might not know when the value strikes up in the most unexpected moments.
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romantic007
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September 03, 2018, 02:14:10 PM |
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true, in the crypto sphere you must have patience and always wait, because prices will definitely go up. you can make profit only if you know how to behave.
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