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Author Topic: Should I continue hodl my Bitcoin?  (Read 1287 times)
Bagaji
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September 08, 2018, 03:43:10 PM
 #221

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?
If you to sell your Bitcoin at the this time that the its value is on the decline direction, you will still be at profit base on the fact you bought your Bitcoin when its market value was below  $3,000 and you have already sold half of your holding at its peak value late last year.
Lalafell
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September 08, 2018, 04:22:33 PM
 #222

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?
You should hold your bitcoin do not sell it now because the market is on down trend and if you sell it out it will result to a low income. In addition to that, if you continue to hold there is a chance that you could earn big income simply because the price of it will rise again. The best thing to do right time is to hold it and be patience and do not be scared even the price goes down because is normal and you should know that the price of it is volatile.
phpartisanmaster
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September 08, 2018, 04:37:08 PM
 #223

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?

Yes you should continue to hold your bitcoins because the market prices right now is currently low and in order to earn more profit then you should be waiting for the price to grow.
iMark
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September 08, 2018, 04:39:35 PM
 #224

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?
If you to sell your Bitcoin at the this time that the its value is on the decline direction, you will still be at profit base on the fact you bought your Bitcoin when its market value was below  $3,000 and you have already sold half of your holding at its peak value late last year.
If the case is like that, selling at this time you will still be profitable because you bought it in 2017 and at that time the price is still in the range of $1000. but if you want to get a bigger profit then wait a few moments dude, after all the price right now is on the bottom line and won't come down again right,
weblouartisan
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September 08, 2018, 08:53:00 PM
 #225

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?
If you to sell your Bitcoin at the this time that the its value is on the decline direction, you will still be at profit base on the fact you bought your Bitcoin when its market value was below  $3,000 and you have already sold half of your holding at its peak value late last year.

I agree on you, the market price right now is currently dropping so it was better to hold your coins in order to avoid losing a huge amount of your investments.

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September 09, 2018, 09:40:41 AM
 #226

Yes you should keep on holding your Bitcoin.Prices are not so high so if you will sell your BTC's at the current price then you will not be able to earn any profits.So hold until the price rises again so that you can have gainful investments.

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ymaico
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September 09, 2018, 10:37:26 AM
 #227

I am thinking of acquiring it for such an action
aysg76
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September 09, 2018, 12:33:48 PM
 #228

Yes you should keep on holding your Bitcoin.Prices are not so high so if you will sell your BTC's at the current price then you will not be able to earn any profits.So hold until the price rises again so that you can have gainful investments.
Yeah, that's the most appropriate thing to do right now, in fact, you should wait for the price to get to the bottom mark so as to invest in it and even in more amounts as undoubtedly conscious of the bitcoin's true potential, I believe it'll be rising up again...

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dreico
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September 09, 2018, 02:29:45 PM
 #229

why not, nothing prevents you from doing it and even a drop in prices will not stop many people from investing in it
Keyboard PC
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September 09, 2018, 03:58:33 PM
 #230

yes of course you should still be able to hold back the bitcoin that you have and don't let you sell it at a very cheap price because it will make you lose and can't enjoy when the price of bitcoin is rising and becomes very expensive.
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September 11, 2018, 05:04:50 AM
 #231

As much as you can, it's better to hold your bitcoin no matter what is going to happen. That is how it takes to hold your bitcoin and other cryptocurrencies in your portfolio. Bitcoin is volatile so don't expect it to have only a one sided trend that always goes up. One thing you should also remember is that bitcoin is a long term type of currency.

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September 11, 2018, 05:48:46 AM
 #232

in my opinion it's good that you don't sell it for now, because it might lack capital later if bitcoin prices rise again
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