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Author Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL?  (Read 2642 times)
prokurovt
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November 16, 2018, 10:46:15 AM
 #101

Each his own. But I would in any case now would not sell bitcoin. Because not far off just did the end of the correction and a new rise

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November 16, 2018, 10:51:02 AM
 #102

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 are one of those who shouts it's the end of Bitcoin, this is the right time for you to sell if you believe that it's not going to permanent, then it's time to buy at this price I strongly believe that it will not go lower than $5000 anymore there's still strong belief in Bitcoin's future.

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November 16, 2018, 11:13:41 AM
 #103

Personally, I will hold BTC, selling at this price doesn’t make sense to me. It will only benefit the people who manipulate the crypto market. But of course, I won’t know whether Bitcoin will dip further. At this point of time, hold or sell have risks. You have to make your own decision.

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November 16, 2018, 05:50:46 PM
 #104

I will keep hold, until the price goes up again until it reaches $7500 and I will sell it. because if I sell now in my opinion it is not profitable
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November 16, 2018, 05:56:57 PM
 #105

I think this dump has also been a loss, and it is difficult to stop losses in this case, when the BTC is at its lowest price in 2018. However, the risk of BTC has fallen to a very low level. I think the sale is still a reasonable decision.
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November 16, 2018, 06:13:51 PM
 #106

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?
To minimize the risk and loss if you have bought Bitcoin at a high price before then i think you should sell it.Bitcoin may be going down more than $ 5,600 so you should be careful with your strategy.So you should not hold it at this time.
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November 16, 2018, 06:29:36 PM
 #107

Opinion differs, as an old time crypto folk, I will hold. No one should give you investment advise in crypto, take ur decisions, take your risk so you don't blame anyone in future. So decide, it always depends on many personal factors.
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November 16, 2018, 06:46:54 PM
 #108

Keep calm and be patient for it. I think Cryptocurrency is very strong asset investment and will grow and grow in the future. I suggest you to be patinet for it and dont panic to sell your bitcoin.
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November 16, 2018, 06:50:29 PM
 #109

Selling or holding solely depends with what price did Bitcoin have when it was purchased. If you bought it for like 0.1USD you can sell it with no heartbreak and be happy of the super easy money you made.
When BTC was bought when it was 20k USD a one should think how much does he/she really need the money. If the money is important you rather should cut the loss and sell.

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November 16, 2018, 06:55:26 PM
 #110

The drop of bitcoin price is really traumatic especially for people that bought it high. At this time, my best advice will be to hold because there will definitely come another bull run though the market is't easily predicted. Selling of now would lead to more loss, so just hold and wait

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November 16, 2018, 06:56:33 PM
 #111

My advice is to keep the bitcoin. I think this is a good time to trade the day to make a profit. With the strong discount of yesterday's bitcoin I bought it for $ 5550 and I saw this value going up and I could make a small profit. I will continue to invest more and I will soon make a profit if it goes up to $ 6000 or $ 7000 in the next few days.

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November 16, 2018, 06:56:51 PM
 #112

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?
botcoin is not goinf g to drop taht low and i think taht it is beter for you to know taht ypu should not sell it fpr sure

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November 16, 2018, 06:57:44 PM
 #113

My advice is to keep the bitcoin. I think this is a good time to trade the day to make a profit. With the strong discount of yesterday's bitcoin I bought it for $ 5550 and I saw this value going up and I could make a small profit. I will continue to invest more and I will soon make a profit if it goes up to $ 6000 or $ 7000 in the next few days.
bitcoin will neverdrop that low as that means the end of thw crytpcourre cy world and i do not beliebeve in that situation

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November 16, 2018, 07:17:01 PM
 #114

Not the best time to fix the "profit"! I think that you need to buy and not sell at such a low price ! It's a risk and the decision is only for you !

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November 16, 2018, 07:19:20 PM
 #115

Indeed, we are seeing a very strong fall, in such a situation, the main thing is not to panic and not to succumb to emotions.
During this period, I will not sell, I will observe and if possible buy more.
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November 16, 2018, 07:23:53 PM
 #116

For me, it will be better to hodl than selling. Although it is not guaranteed that there will be a bull run before the end of the year, I think it is safe to assume that there will be a price pump than bull run. We might regret it if we sell now and the price is just to low to even consider selling. I know that a lot of hodler have their portfolio decreased to a certain amount but selling your bitcoin will not solve the issue. In fact, it might worsen it, you will only see the result when bitcoin recovers again.

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November 16, 2018, 09:00:59 PM
 #117

Definitely keep it. The fact that Bitcoin has now fallen to this level is more like the last disembarkation of passengers before the growth until the end of this year.

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November 16, 2018, 09:04:17 PM
 #118

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 would suggest you to wait, we will soon be able to predict the next market development. If Craig Wright is not Satoshi, people will stop panic and everything will be fine again. But if he is real Satoshi, he can dump Bitcoin to promote his Bitcoin Cash SV.

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November 17, 2018, 02:47:13 AM
 #119

It would be better if the hold and wait. selling when prices are already falling only make losses. In addition, if you sign in again then the same aims to restore capital and not for money. Although he was ultimately able to get results but will be larger if still hold because it is still in the initial price. the potential for large and not sell bitcoin it good time like this.
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November 17, 2018, 03:02:00 AM
 #120

Be patient for a moment to see the conditions going forward, it is indeed an option not to fall again but hopes that still has an increased price, I think all of these are hard for bitcoin cash that is able to shake the crypto price, hopefully, this condition will be resolved soon.

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