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Author Topic: Are you still holding when market price falls abnormally?  (Read 2558 times)
Buttermellow (OP)
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August 11, 2018, 06:02:38 AM
 #1

I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?
bungutko
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August 11, 2018, 06:50:51 AM
 #2

Yes, that is the best strategy for now which is to hold your btc at this very situation. This has been the lowest so far within the year and I hope this will no longer go deep down. However, if the bear market will continue to go down trend, still we don't have any choice but to wait further until the recovery and continue to hold so far.
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August 11, 2018, 07:01:42 AM
 #3

Still holding because bitcoin itself is a bank boycott, an exit plan from the dominant coercive system.

danice15
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August 11, 2018, 07:08:51 AM
 #4

There's no other option to do. Holding your money is the best solution for this kind of crisis than losing some money.This is the perfect time to test your patience. If you already know how the market runs you should not be scared and just wait until the market gets recovered.I still believing that it will get recovered this year.
wormgummy019
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August 11, 2018, 07:13:52 AM
 #5

I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?

Of course I will still hold my bitcoin until the price become stable and when I am satisfied with the price. We should have patience in waiting and we don't need to panic because we all know that the price of bitcoin will be better.
CharlieAdoring
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August 11, 2018, 07:14:16 AM
 #6

The prices falls abnormally, but at the core, bitcoin is about technology. Lightening Network makes bitcoin transaction speed insane and fees almost irrelevent. Segwit Wallets are increasingly accepted by exchanges. The Bitcoin transaction backlogs and fees has decreased. We have a lot to be excited about. This is about The Internet of Money. Stay strong community, we shall persevere.
solenn heussaff
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August 11, 2018, 07:16:35 AM
 #7

I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?

I think there no other choice to do but to hold it because the price is very low. I am currently holding my bitcoin and I am waiting for the price to turn green. And I think holding is the best way to avoid losing money.
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August 11, 2018, 07:18:34 AM
 #8

I'm still holding it, just be patient don't panic I think it will return to normal next month. I'm still waiting for certainty from the ETF news that it will be approve and the price will definitely rise again, patiently this is not an investment bubble

MattLeBlanc
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August 11, 2018, 07:21:28 AM
 #9

What other choice we have apart from holding.?
There are people who have invested allot higher than what we are seeing today. They cant sell it because half of their investments will be vanished literally.
jemarleon
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August 11, 2018, 07:27:41 AM
 #10

Bitcoin is a long-term investment your strategy is very wrong, you already sell your bitcoin taking a small loss then invest again when the price goes up again and whenever you see the price falls down you sell and take the loss again.

What you are doing is just like watching bitcoin's price while wasting your money little by little.

Bitcoin volatility can never stop, price go up and down in a small period of time, try to look and study the last years graphs.
Successmaniac4
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August 11, 2018, 07:32:07 AM
 #11

I believe in the coins I have in my possession,  and I know they would definitely rise even if the price falls so low. That is why I will not panic when there is fall in prices. I will hold the coins till the prices rise again because I don't want to regret selling my coins.

umar22pk
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August 11, 2018, 07:44:59 AM
 #12

Right now market is much down so I think it’s time to buy some coins but not to sell. I know very hard to take any decision about holding, because market is already four times down.
But in a huge loss if you go for selling then I don’t think so that it’s a good decision & it’s better to hold & wait for a positive pump.
ImHash
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August 11, 2018, 07:49:00 AM
 #13

There's no other option to do. Holding your money is the best solution for this kind of crisis than losing some money.This is the perfect time to test your patience. If you already know how the market runs you should not be scared and just wait until the market gets recovered.I still believing that it will get recovered this year.
I had to make your whole post bold because I believe in every word in your comment above, Yes, There is no other option other than waiting and hodling, That's all we can do, We can also start mining and hodl until the price recovers. Miners have more than investors to worry about in these situations though, They have invested their money on mining equipment and can't go to an exchange and sell their miners in minutes to minimize their loss, They would have no other option other than waiting.
Bitcoin volatility can never stop, price go up and down in a small period of time, try to look and study the last years graphs.
I agree with the bold part in your post, You should always know that bitcoin volatility is a part of the system.
I believe in the coins I have in my possession,  and I know they would definitely rise even if the price falls so low. That is why I will not panic when there is fall in prices. I will hold the coins till the prices rise again because I don't want to regret selling my coins.
Wise words, If someone doesn't believe in a coin they have invested then they should never invest in the first place, This has happened so many times in bitcoin's history, All we can do is to hodl.
Right now market is much down so I think it’s time to buy some coins but not to sell. I know very hard to take any decision about holding, because market is already four times down.
But in a huge loss if you go for selling then I don’t think so that it’s a good decision & it’s better to hold & wait for a positive pump.

Yes, Time to buy is now, Remember when price goes up, It goes up fast, Next week it might go up again, You never know but it will go up, Again buy and hodl.
Ausgewielt
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August 11, 2018, 07:49:29 AM
 #14

I am holding because the fall of price is not for long term, the price will rise again, it is a common situation that every cryptocurrency users facing now. I still thrust to bitcoin so I prefer like to hold rather than sell at low price.

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August 11, 2018, 07:53:24 AM
 #15

This price is not a true reflection of what is happening in the real world. There has been no "bad" news that might have triggered this slump in the price and that means someone is pushing it artificially down to get people to panic. I think some big players are dumping some coins to push the price down and they will buy back, after they triggered a selloff at a lower price.

They know this market is going to explode soon, so they want to buy back at a lower price to increase their profits, when it Moon.  Angry

Do not be fooled by this.  Roll Eyes

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yazher
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August 11, 2018, 08:05:45 AM
 #16

Most people get panic when they see about this abnormality in the market. That's because they are advance thinker... little they know when it goes down sometimes it goes up in the sense that you cannot predict. so for me instead of selling it now I'll wait a little longer until I'm out of budget then I will sell it.

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Leo Barnes
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August 11, 2018, 08:21:30 AM
 #17

Yes, that is the best strategy for now which is to hold your btc at this very situation. This has been the lowest so far within the year and I hope this will no longer go deep down. However, if the bear market will continue to go down trend, still we don't have any choice but to wait further until the recovery and continue to hold so far.
when the price of bitcoin going into the dip that's the perfect timing to buy and hold even if the price will go down after I bought the bitcoin I will still hold and wait for the price to go high
charlotte04
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August 11, 2018, 08:23:03 AM
 #18

I like to know your stand against the current market price falls down that relatively almost in the danger zone for the crypto holders if they still hold their crypto it might be one day that they will going to lose all their money. My ideals is different i had to sell it though it means that i had to lose some of my money. Anyway i could invest again when market price recovers but not for now seeing crypto market looks so bad. Will you still hold?

Nope, I do immediately cut my losses when everything does not go to my plan to reduce my losses and would find another trade. IT IS THE BEST THING TO DO!
pakhitheboss
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August 11, 2018, 08:28:51 AM
 #19

Please do not panic and please HOLD your coins. This is a temporary phase and it will pass out soon. This is only happening because of the ETF news is still awaited. The chances are very high that it will ge approve. Hold on to your coin till the news is out. Hopefull next month will a good month for all of us.

P.S i am not gonna sell my Bitcoin till it goes below $1000. I know it will rebound back. Have patience and HODL.

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August 11, 2018, 08:30:27 AM
 #20

Yes, it makes no sense to me to start selling now because I know that in the future I'll regret it so my best strategy for  now is to HODL.
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