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Author Topic: Bitcoin to HODL or not ?  (Read 573 times)
kzr_sk (OP)
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June 27, 2018, 10:32:17 AM
 #1

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
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boranes
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June 27, 2018, 10:44:19 AM
 #2

Topic is misleading bitcoingold isn't bitcoin.
When I am not sure I look at coinmarketcap.

Forget the numbers. Read what is this graph telling you. Should you hold and wait for pump which very likely won't happen or should you run away as fast as you can from bitcoingold is your own decision, I am sorry but you lost money.

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June 27, 2018, 10:46:49 AM
 #3

I suggest you to not listen to other people, but just study and make your move.
Said that, my opinion is that if you invested in Btc gold, the money would be considered lost.. and you also should consider that if we will have another bullrun, there is no security that all coins will grow. Probably only the best coins ( and bitcoin gold is not one of them for sure).

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June 27, 2018, 10:48:00 AM
 #4

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
Do some more trading with the funds you have on bitcoin gold and trade other cryptos. I suggest that while you hodl and wait for bitcoin price to rise back up again. Maybe same thing will happen to the btc price like last years price strike.
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June 27, 2018, 11:28:55 AM
 #5

if you really have to ask this question then the answer is not you should sell your bitcoin and go away.

in case of bitcoin gold altcoin that you are bag holding i have to say it was a disappointing project. i was thinking it can  have good pumps but it failed. specially since the successful 51% attack against it, this coin tanked hard.
what to do now? it depends on how much you have. if it is a small amount then i think holding it is best because it may have a pump since it is super-dumped right now but it is still a shitcoin and you will be taking a huge risk anyways.

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June 27, 2018, 11:47:03 AM
 #6

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
In fact, no can give you the exactly things to be happen in the future but while waiting for the good things to happen I'll suggested you to have or gathered much more trusted and concrete information about bitcoin gold therefore you will able to have some basis and then you'll study it first before you make your decision. Actually no one can answer your question but only yourself because at the end of the day you in yourself are the one who decides what will be the best thing for you to do.
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June 27, 2018, 11:52:28 AM
 #7

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?

nah i would rather leave it.

promising icos have better chances than those propaganda coins.

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June 27, 2018, 11:53:07 AM
 #8

Many people loss big at that time, on december many people jumping on crypto/bitcoin because of the all time high. I'm actually one of them but I will keep holding the amount I bought back then because I know it will rise again this coming months and I will get back my initial money.
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June 27, 2018, 11:54:29 AM
 #9

hold
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June 27, 2018, 11:56:11 AM
 #10

in theory, if we buy and hold then the price goes up, then sell. if it has not gone up, then hold it much longer. it will help you in making trouble in taking a big decision on bitcoin.
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June 27, 2018, 11:57:30 AM
 #11

this time to hold bitcoin
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June 27, 2018, 11:57:37 AM
 #12

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
The title of the topic misleads to what you have said OP. You said that "Bitcoin to HODL or not?" and in your post you are referring to Bitcoin Gold.

Anyway, you can wait until the price of bitcoin goes up to the price of ~$10,000 and maybe you can sell your Bitcoin Gold. Its a big big loss for you but that is trading. Some will win and some will lose. Smiley

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June 27, 2018, 11:58:17 AM
 #13

Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26.

Aw geez. Why would you do that? Sorry for your loss, mate.

Best case you could be holding out for a Bitcoin Gold pump, but I wouldn't get my hopes up. Long term I doubt that Bitcoin Gold has much of a future since it's neither technically compelling nor does it seem to have much of a community behind it.

In the end it's up to you though. From a fiat perspective more unlikely cryptos have come back from the dead during the recent bull market. Whether Bitcoin Gold will be remembered when the next bull run occurs is a different question.

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June 27, 2018, 11:58:31 AM
 #14

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?
In my opinion, that's your own prerogative. But you know bitcoins market is volatile you have more chances to get it back. More patience to deal with no matter how disappointed you are  at least you learn from it. You can have more strategies and techniques to develop your knowledge about bitcoin.
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June 27, 2018, 11:59:22 AM
 #15

The title you are putting in the thread is sort of clickbaiting. by the way the price you bought are too high and now it is cheaper. so you cant sell them now. you should have sell them way too earlier.  
Now hold it and see what happens
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June 27, 2018, 12:00:46 PM
 #16

You've bought in to a hype that means absolutely nothing, so it's your loss at the end of the day. Everyone and their mothers have warned other people about investing in Bitcoin Gold since it's just another scheme to make money for the devs and a select few. There are no real changes implemented on that altcoin and no real-world application can be found, so why invest into something that is only prominent because of a short-lived hysteria and hype? If I were you, I'd cut losses and charge everything to experience. It will take long before bitcoin and other alts to perform well again, seeing that we're only 6 months past the initial blow-off from the last ATH.

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June 27, 2018, 12:08:57 PM
 #17

Sorry that you have lost money, but one thing about this game is that we all lose money but what we decide next and how we tackle the situation matters. Bitcoin gold is not bitcoin but an Altcoin and the chances of it pumping again is a 50 50. Forget what they say, no one knows when exactly the next pump will be so your in the position to take the best decision yourself. Either you sell and exit the market or sell and change your strategy or HODL and wait for pump. Who knows when it's coming. Your choice.
kzr_sk (OP)
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June 27, 2018, 12:34:10 PM
 #18

Sorry that you have lost money, but one thing about this game is that we all lose money but what we decide next and how we tackle the situation matters. Bitcoin gold is not bitcoin but an Altcoin and the chances of it pumping again is a 50 50. Forget what they say, no one knows when exactly the next pump will be so your in the position to take the best decision yourself. Either you sell and exit the market or sell and change your strategy or HODL and wait for pump. Who knows when it's coming. Your choice.
After all the devastated mood, you somehow managed to motivate. Thanks a ton! I had seen Bitcoin Cash and Bitcoin Gold moves up simultaneously, and had got predictions from many that made me to put all of it in. Somehow, I need to wait more coz I think it's better to HODL as the price is at it's lowest. I'm thinking to sell when I cover at least 50% of my loss, and it's gonna move up a bit for sure right after bitcoin show some moves.
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June 27, 2018, 12:37:36 PM
 #19

On today's bear Market you need to hodl whether you like it or not. because if you try to sell now your bitcoin it will be a huge loss for you. it's better late than never. what i mean is it is better for us to wait a little longer to gain back the momentum then if we think the market has recover then let's sell it quickly. who knows what might happen on the next few months after the recovery.

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June 27, 2018, 12:41:04 PM
 #20

I had bought some bitcoins in late December when price was around $10K. I had put all of it to trade on some altcoins to get good returns. Now, I'm all in on Bitcoin Gold, I bought it at $110 which is down to around $26. Shall I wait for another bubble to build up or sell what I'm remaining with ?








In my own opinion, it is better to wait than sell your bitcoin without earning profit. Patience is a virtue so we learn how to wait for the right time to sell our bitcoin because if we wait for the right time, it may gives us a very high profit.

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