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Author Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL?  (Read 2484 times)
riska hanissa
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November 18, 2018, 10:37:31 PM
 #221

yes for me HOLD is not waiting for uncertainty, but sure that the longer you hold back when cheap prices or increase your BTC assets, it will also produce very profitable results later when prices rise, and it is certain and not a dream. because in the crypto world nothing is impossible.

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TribalBob
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November 18, 2018, 10:50:43 PM
 #222

Never sell at loss. I prefer to keep holding my bitcoin, and tried to buying more coins each the price decreasing, so when the price starting to recover, it's also covering my loss/minus. I strongly believe Bitcoin will pulling up again their value, it's just about the time.


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WackMack
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November 18, 2018, 10:58:03 PM
 #223

But what's the point of selling now, when the price is almost at the bottom? I think that now, on the contrary, you need to increase the number of cryptocurrencies in your portfolio. because in December, we are waiting for positive news from which the price of Bitcoin simply can not grow.
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November 18, 2018, 11:26:50 PM
 #224

At this point in time the option that i believe most people would go for is to hold bitcoin because selling at this point in time would make you lose and also you will regret it totally when bitcoin starts to rise. Hold bitcoin for now and the market will increase with time.

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November 18, 2018, 11:29:49 PM
 #225

I am sure that the bulls will return to the market very soon therefore it is absolutely necessary to hold their coins

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November 18, 2018, 11:38:03 PM
 #226

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?

if you want to sell Bitcoin now at the price of $ 5600 then you are late to sell it, because why you don't sell when the price hasn't down at the price of $ 6500, maybe you believe if the price of Bitcoin can increase, so you still hold Bitcoin? therefore I suggest to still keep hold, because I'm sure the price of Bitcoin will definitely increase again even though it requires a long time and if you sell it now then you are just wasting your time to hold Bitcoin you have without getting profit and even loss.

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November 18, 2018, 11:42:34 PM
 #227

You understand that nothing good will come of it. You will close all positions and say goodbye to the cryptocurrency until it costs $ 100k.

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November 18, 2018, 11:45:29 PM
 #228

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?
Buy more bitcoin instead of selling it in deep because it is cheaper now and selling would be a bad move because you will lose some of your investments just wait for it to rise again.

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November 18, 2018, 11:51:39 PM
 #229

The good thing we do is to hold our bitcoin because i know after this falling it will surprise us that bitcoin will strike back and that is the time we are very happy for holding our bitcoin, if you get panic selling your getting regret by yourself soon.

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November 19, 2018, 01:12:49 AM
 #230

I think HODL is better strategy is this uncertain market condition. Its much better because we can not predict where market move and its we are already know that bitcoin is long term investment.

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November 19, 2018, 01:15:45 AM
 #231

A friendly reminder, i think if you have to sell for now if there is even small profit, or else no profit in next decreasing price. But if you take the risk of holding your bitcoin, you should be patiently wait for the possibillity to raised its price and sell for making profit in the future.
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November 19, 2018, 01:16:03 AM
 #232

The question is, will you make profit when you sell your Bitcoin at $5,500? Every sale is expected to yield a satisfactory profit and as such it is only good for investors to hold in such a bearish market condition and if possible buy more BTC because the price is relatively cheap. Bitcoin will definitely recover just as it has always been since its inception.

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November 19, 2018, 01:47:10 AM
 #233

According to a recent survey 50% of consumers who've invested in Bitcoin think it's a good long term investment so if you're focused on the shorter term it might not be for you, but if you're in for the long haul then you'll likely benefit from HODL'ing even if you bought in at a more expensive price

If you're a new investor then big dips are the ideal time to enter the market as you'll get good discounts on alternatives

 
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richminded
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November 19, 2018, 01:51:48 AM
 #234

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?
It depends on you, if you think this market will drop more then sold your coin at your own risk.
Personally, I don't want to panic at all because I know I will just lose money if I continue to work with my emotion.
I will still choose to hold my bitcoin and I will buy more, the future will still be good for us. Smiley
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November 19, 2018, 01:54:27 AM
 #235

This current selloff may be the final selloff to scare people by breaking below the $6k strong support. It is time to hold on or add more.
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November 19, 2018, 01:58:02 AM
 #236

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?
It depends on you, if you think this market will drop more then sold your coin at your own risk.
Personally, I don't want to panic at all because I know I will just lose money if I continue to work with my emotion.
I will still choose to hold my bitcoin and I will buy more, the future will still be good for us. Smiley
what if happen if we sell our asset right now.maybe we could suffering lot loss and we are affraid to make new investment in cryptocurreny market.if we have more patience maybe our asset value could recovered soon.

 
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November 19, 2018, 02:14:27 AM
 #237

If I were you, I'll but more!  Let me tell you this, bitcoin has 21 millions of supply only if the world will adopt this coin in the near future in every transactions, do you think that amount of supply is enough for everyone or to every rich person who can afford it? Of course it's not enough and bitcoin that time will be more rare. So if you think bitcoin is not worth it to hodl just think of it. And that near future is near.
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November 19, 2018, 02:43:01 AM
 #238

Since bitcoin is the first cryptocurrency that available, and many people still have faith in it, so holding a little longer would be better than selling them right now. I believe the price of bitcoin will increase again in the future.

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November 19, 2018, 02:47:28 AM
 #239

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?
i think selling now will make us regret in the future, i am currently considering this.
i have assets in crypto and i am sad when prices fall.

but i don't want to sell now, i will wait for the market to improve. i'm sure it will happen in the near future.
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November 19, 2018, 03:02:12 AM
 #240

As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders

should we sell of in order not to incur more loss?

or should we HODL with hope that the bull run is coming soon enough?

No one can ever really say if Bitcoin and the rest of the alts will further drop in the coming months.
If you followed rule#1 of crypto investing, invest only what you can afford to lose, then you can hodl and weather this bearish storm.
Good luck to us all!
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