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Author Topic: Should I continue hodl my Bitcoin?  (Read 1226 times)
ajochems
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June 29, 2018, 05:06:52 PM
 #21

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?

The price of bitcoin had reached maximum value in the month of December.From this year starting,the price is fluctuate often to low value.Now the price of bitcoin had reached 6000$.Surely it will change soon.The price of bitcoin is expected to reach some maximum value in upcoming months.It is better to hold your bitcoin.



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BigBos
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June 29, 2018, 05:23:28 PM
 #22

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?

The price of bitcoin had reached maximum value in the month of December.From this year starting,the price is fluctuate often to low value.Now the price of bitcoin had reached 6000$.Surely it will change soon.The price of bitcoin is expected to reach some maximum value in upcoming months.It is better to hold your bitcoin.
yes, holding back the bitcoin you have today is a very good thing. if you do intend to sell it this year, I think waiting until the end of the year is not bad, in fact it could be a good profit when bitcoin prices go back up higher than the current price.
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June 29, 2018, 05:30:23 PM
 #23

By this time it is better to keep hold what's there in the wallet and then spend on buying different assets as much possible. The price keeps on falling without good increase for a much longer time period. This can be the time for stability gain, and by the falling month start can expect good rise in value.
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June 29, 2018, 05:54:31 PM
 #24

Buy or hold these are the two things only you can do now according to current situation. Because the price is very low so you can buy more bitcoins if you have funds. Otherwise if you have already bitcoin means just hold it dont sell. Holding for long time will give more profit in future. Now the market is not good to sell its the time to hold, when the marker recovers you can sell at that time. Because at that time the price will increase more till that you have to wait with patience.
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June 29, 2018, 05:59:21 PM
 #25

I think holding will be a better option for you because by selling you will not be able to earn that much profits which you may have earned if you have sold your entire BTC stock in December 2017.This is because the price is very low as compare to that in December 2017.So hold your BTC's until you find a better price to sell.No doubt that regular drops are being noticed in it's price but it has the potential of bouncing back from such drops and rising to new heights.So just have patience and keep holding so that you can earn more profits in future.
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June 29, 2018, 06:10:02 PM
 #26

This is not a good time to sell, even more you came in 2017 ago. Selling now will only make you lose a few tens of percent, even your capital will be reduced by half of the provenance fund.

Now, all you need is courage, if you dare to take more risks than usual then you will benefit or at least make your capital intact again, otherwise you can go for other reasons that we never understand.

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June 29, 2018, 06:25:09 PM
 #27

Defenitely you can hold the bitcoin, dont get panic and try to sell. Because its a great loss if you sell now, this is not the right time to sell. Market is not in good condition so just hold the bitcoin if you have. Hope the price will increase in near future, till that you have to wait with patience. Patience and hope only now we need to hold the bitcoin. Maybe next month or by the end of this the price of bitcoin will reach high and break the last year record in bitcoin price.



























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June 29, 2018, 07:14:05 PM
 #28

Why not? I would always continue to hodl my bitcoin no matter what, I started at low price so I am still thankful about the current price of bitcoin nowadays, although it is going downtrend still I believe in it that the price will goes up in the coming months so we need not to worry about it.

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June 29, 2018, 08:46:25 PM
 #29

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?

I really do not understand what you're complaining about. You are still in the profit, you are not in the loss, you had a huge profit. so what are you complaining about? hold your bitcoin for a long time because you already have a profit and you are only increasing your profit, it is not as if you were going to be at a loss because of this price drop, so you are in a good position to continue holding on for a long time

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June 29, 2018, 08:50:10 PM
 #30

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?

I believe no one can give you more accurate answers! Your decision is final, and you have to choose, do not let other people's thoughts influence you, because if you listen to someone, you will feel regret when doing wrong.
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June 29, 2018, 08:58:26 PM
 #31

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
I think I have a definite answer to your question which is either to hold or sell. If you are looking at selling at profit then i will advise you to sell because even at the current market value of Bitcoin you are still at profit level is you decide to sell. This is because as at March 2017 Bitcoin market value was still less than $3,000 and you have already sold half of your holding when Bitcoin value was at the peak in December last year. Although one should not forget the fact that selling Bitcoin at the current market value will contribute to the downward movement of Bitcoin value and shouldn't be encourage at all.

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June 29, 2018, 09:14:02 PM
 #32

not only you who feel annoyed, man. we all also feel the uneasiness that you feel it. all users, investors and traders are now on the same boat, maintaining it or not it's up to you. all ball is in your court yourself, man. but, I think it's useless too if it sells with its current state.
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June 29, 2018, 09:31:55 PM
 #33

If you bought bitcoin last march 2017 that price of the bitcoin is lower 1000 dollars I think even you wait more months you still have profit. Your money is safe why? Because the half of your bitcoin bought was sold in december 2017 when the price reach 20k dollars.
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June 29, 2018, 09:38:51 PM
 #34

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Don't disappointed if bitcoin price is dropping because it will cause you a stress. Of course you should hold it until bitcoin recover to this down trend so you can get a good profit. Because If you think to sell its your lose.

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June 29, 2018, 09:50:12 PM
 #35

If you bought bitcoin last march 2017 that price of the bitcoin is lower 1000 dollars I think even you wait more months you still have profit. Your money is safe why? Because the half of your bitcoin bought was sold in december 2017 when the price reach 20k dollars.
Holding bitcoin depends on each of us, if you wish to continue and to support bitcoin why not if you need that money and you have no choice then it would be fine too, the point is the value of bitcoin is in our hands so it will be up to us how much value we will have for bitcoin.
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June 29, 2018, 10:02:48 PM
 #36

Currently the market seems to be in a cycle. It appears that the prices of cryptos usually rise during the end f the year. It makes much sense to hodl, at least until the end of the year. If after then, the market has not recovered, you may sell it. That's my opinion.

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June 29, 2018, 11:02:24 PM
 #37

Continue to hold your bitcoins since you had the patience of holding it for long and seeing bitcoins slide from 19000 to 6000. There is no point in selling now if you could't sell when it was 10000 or 8000. Hodl.
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June 29, 2018, 11:02:51 PM
 #38

If you sell now and you make profit then there is nothing wrong with selling now, to sell or not it depends on your profit target, the market condition is not too good there are still no sign that the market going to go up, but if you don't need any money I suggest to just hold it, at one point we definitely going to enter bull market and you can make more profit
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June 30, 2018, 03:15:17 AM
 #39

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?



It depends,if you dont need the money yet then much better if you hold ,selling is not advisable at this moment ,the market still in down now, you have nothing to worry coz youre holding the best coin, dont panic youre not in loss anayway.
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July 06, 2018, 06:45:47 AM
 #40

I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?

Unfortunately no one can give you a definite answer!  It really depends on your situation. If you need money urgently for family needs etc. You will need to decide.

BTC price will fall down even lower before it goes up again!  If you don't need money urgently now then just HODL!
Of course it depends on the financial situation but I think you should invest your extra money in bitcoin and not your regular income. Bitcoin is not for daily earnings but investment is for future planning and you should hold your coins for some more time and when the price raise again then you can sell them for higher price. be cool for some more time.
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