BITCOIN DROPS TO $5,600. HOLD OR SELL?

[gilangIDR]

Bitcoin prices currently reach $ 3500 even a few days ago the price of bitcoin touched $ 3200 and you should be able to take advantage of such moments to be able to buy some bitcoin. if you have bitcoin and are stuck at a high price then the best way is to hold.

that's it's a good strategy for investing in Bitcoin because we have to have the skills to buy or sell and take advantage of the moment when Bitcoin starts falling or rising. one more addition, don't forget to always monitor market price movements to see the right time to sell or buy and patience is also needed in trading.

Monitor price movements At any time can make us get the right momentum. Investing in crypto gives us the opportunity to earn income, including when we try to buy multiple Bitcoins. The price of Bitcoin has returned to get a significant increase, we are now happy because before Christmas and holidays we can benefit from the action of selling and buying bitcoin.

[Runbitup]

Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

Yes. all depends on each person. there are even people who continue to hold Bitcoin even though they suffer losses because they believe that Bitcoin will rise. especially for those who buy Bitcoin when the price is below the price of $ 5,600 they will remain calm because they are still profitable. but my suggestion is that if we want to get crypto profits even though we experience a loss, we may not sell it directly especially if there is still hope to rise even if it's small.

[bitcon]

Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

I do believe that the market started to recover. The stagnation after the bloodbath lasted too long. Now, the time for the new changes has come. Meanwhile, I think the recovery process will be very slow.

[Yalovtsev]

Yes bitcoin has long fallen for 5600, it is now 3800 worth, and fell even lower, so that 5600 is still a good figure)in General, everyone understands that now they are playing manipulatively, speculatively, those large players who entered the market earlier,but there is hope that soon will come even more new money,and then there are good chances that the price will fly up,and these speculators will not be able to drag it down

[darkr]

Buy or sell advice is solely dependent on the person involved because each person bought at a different price. Someone might have bought at $1500 last year and it is now $3800 which seems profit still for that person. what about the person who bought at $19000? They can not share the same advice.

For me, the answer is evident - hold it now. Suppose, when Bitcoin starts growing faster, Ethereum and other altcoins will join it and go straight up together with the father of the cryptocurrencies.

[Ditlycel]

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?

Of course it was necessary to sell , at 5800 we had support , and of course it was necessary to sell at 5600, but if not sold now we can only wait

[youcansee]

In my opinion, as a BTC holder, sticking to the investment to continue patiently waiting for the return from crypto. This is not the first event experienced by Bitcoin, and Bitcoin is able to show its ability to generate value again. So in the future, it is still possible for bitcoin to increase again. And you don't get a loss if you don't sell your bitcoin at a low price.

selling it or choosing to hold it is a personal decision, and support for needs. if we are faced with a sudden and very important need, maybe we can sell it in part, and save it in part too

[manbota]

I continue to believe in the huge potential of BTC in the market in the future. Now the market situation has gradually stabilized, from the beginning of next year we will be able to see a gradual increase in prices. Therefore, I am fully confident that now is the ideal time for hodl and buying Bitcoin.

[BountyGo]

I'm hodling for dear life because I'm all in for this revolutionary technology and there is still tons of money to be made in this space long-term. BTW, just bought more.

[popolite11]

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?

Of course it was necessary to sell , at 5800 we had support , and of course it was necessary to sell at 5600, but if not sold now we can only wait

My friend, very few people could guess that time that Bitcoin would continue its fall. As I remember almost every trader and investor was sure that the bulls were very close. It was a mistake to hold that time, but now, it is the way out.

[kuverty]

Selling never crossed my mind. For me, it's either 20K+ or 0.
Santa Claus is pretty busy tonight! Maybe he'll bring us all a crypto gift soon? ))

[Dreamace7]

It has even dropped more than$5600 it's struggling with less than $4000 what ever you decision you would take should be based on long term which is the bull run might possibly come next year so it's advisable to hold

[DominickA86]

I am still holding and hope that we will rich 8k USD per Bitcoin till the first days of 2019. I see no reasons for another downtrend and I am really optimistic about crypto currencies within the next several months.

[Dpat]

Now the Bitcoin dropped more than $1500 from the $5600 but you need yo keep patience because if you sell your holding now you get severe loss. But you should hold now if you have crypto coin in your portfolio. And buy more coin which are in top 5 among all crypto.

[dragonomoy]

Bitcoin has down too deep and too long , should next year when Bitcoin is back up so it's now a hold.
buy and hold don't panic

[lKSLMNSLKnkndlksnkJ]

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 think Bitcoin is going to go to zero, then yes, sell.  There are a lot of people out there who believe bitcoin's ultimate value is zero, so you wouldn't be alone with that opinion.

If you think bitcoin is here to stay and will never go away then hold.

What will most likely happen is the successor to bitcoin will rule the roost for some time to come once it is developed.  In fact, most coins won't be around in a few years, and in that time, coins/tokens with better technology will appear and cause other coins to go to zero or close to it.

Until the great bull market occurs in crypto, the debate on individual cryptos is pure speculation.  And until the bull market does occur, having debates on topics such as this are nearly useless as the market is so small now, the money men have no trouble manipulating the whole coin space at will.  We are in the abusive phase still.  Anyone holding long term understands this and ends up holding tighter.

To survive this phase, accumulate and hold for 3 to 5 years minimum.  Don't even contemplate the words buy, sell, profit, or loss.  Just hold.

[Capt.Morris]

3800 to 2800 ?? I have sold whatever left i had  like 0.03 btc, now i don't have any plan to buy crypto until March 2019.

[winstonchurchillwar]

It would be profitable to sell bitcoin at that time, but now I think that it can reach this point and then go down again before the closure of the correction. Sell is not necessary, but you don't have to listen to me because this is my personal opinion.

[asbak66]

Now the price on $3800 already fall almost $2000 since you create this thread, now the situation is changed from one month ago and if you already sell your btc before, I suggest to hold cause the price gonna climb up to $4000 - $4500.
Better to take profit there.

[clavirda]

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?

In fact, everyone has his own opinion on this complex issue. But personally, I am sure that in the current conditions of the crypto market it is better to continue hodl and buy BTC. Now its price remains at an attractive level for investment, it is already beginning to rise gradually.