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

[skylar]

Just follow your intuition when decided to something like this, nobody will guarantee it will go up but nobody not willing it to going down dip more than this. Sorry to say but IMO doing daily trading at this moment are just a little bit better than only hold & hope some miracle happen.

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[Godday]

Even though I drop hold bitcoin at this time. there is still confidence that it will be able to return, although it is uncertain but the trust of people today is still very large that the price of bitcoin will recover later

[kipoel]

For everyone who are new to this kind of thing in cryptocurrency, this would be a nightmare.
But I believe that the condition will get better, just wait for that time to come.

[faadhilah]

It is better to hold the bitcoin you have, sell it now you will not get a profit, be patient until the market rises again because this also definitely requires time to get up new you can sell the bitcoin that you have and certainly will benefit

[Maestro75]

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?

This is not the right time to sell for people holding bitcoin. Why sell this low when has almost touched the ground floor except the seller is desperate to crash the price down more. Am talking about those who hold a bug amount of bitcoin selling and not the 0.00btc holders. If am a whale I will not sell now. Price will rise up again. Wait for it.

[KOF97]

If Bitcoin cannot be recovered after this decline, then all encryption will not make investors profitable, so if you choose to sell Bitcoin, then please sell other altcoins!

[TBboys]

If you are short of money now, then of course you can sell bitcoin, but I think the price of bitcoin is very low now, it is not a good time to sell, if you have patience, please hold bitcoin for a while, I believe this It will be more profitable than selling it now.

[Netnox]

For everyone who are new to this kind of thing in cryptocurrency, this would be a nightmare.
But I believe that the condition will get better, just wait for that time to come.

Hmm.... it is a question of who blinks first. If the holders can wait for 1-2 years, then good for them. But I know that not everyone will be capable of doing that. It is a very hard time for the crypto users.

[Absolutep]

We are not expecting the worst than what we have now,so selling it now is like throwing away your money when you can actually hodl.My advice is that you should hodl cause it will fly soon.

[qualitywork]

Even though I drop hold bitcoin at this time. there is still confidence that it will be able to return, although it is uncertain but the trust of people today is still very large that the price of bitcoin will recover later

Definitely, it need to recover as the market situation is really bad at the moment. Expectations were higher as we are in last quarter of this year. But I think there might be a bull run in December. Lets wait till that.

[Trixie28]

My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.

[BigBos]

My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.

Yes you're right. however, sometimes having a lot of bitcoin makes many people doubt. well, we can be sure that the decline in bitcoin prices has been below 12% since the beginning of the month, it can be said to be an extraordinary decline. whether this will be a bad year end or not, I will hold back the assets that I have.

[Andruha1993]

Of course you have to hold, this is not the best time to sell Bitcoin, just be patient, because the bull market must come soon.

[Twinscoin2017]

My advice is just hold on it.Wait the time to be stable  their value in the market.Dont be hurry if you loss profits it is okay because eventually will grow afain but in a right time to recovery.Its is normal that the unstable prices of the altcoins in the market.Always do not do panic selling.

Yes you're right. however, sometimes having a lot of bitcoin makes many people doubt. well, we can be sure that the decline in bitcoin prices has been below 12% since the beginning of the month, it can be said to be an extraordinary decline. whether this will be a bad year end or not, I will hold back the assets that I have.

I think holding is a great strategy today due to the very huge dip that we experience. But I think we need also to buy some more coin for good. Because anytime price may rise up high and soon it will become so expensive. So if we have a Capital we maybe buy now and hold for good because the price is unstable, and I believe that time comes that crypto coin will rise up high.

[cubicdissection]

i will be advice you hold your bitcoin because if you sell you will be loose,it is better to buy more if you have extra money because market will be recover soon in next 2 months

[Ria Sakurai]

Bitcoin price would be more lower, you can sell now and buy back when it down to $5k. Or if you can't monitor its price all day, just hold because bitcoin price will pump up to over $10k next year.

[bitbabba]

People are mostly selling nowadays because they are panicking, i understand them but selling with losses is not very smart move(if you dont need that money right away) so hodl.

[a4illusionist]

The bull run is coming but when, that is the question. I don't think that this December would be like the last December or something similar. I think this one would be the rare December where every move backfires. But i still suggest to Hold your coins.

[shadowdio]

as of now the bitcoin price was stable I think hold for now, don't sell your bitcoin you will lose your money just hold it will increase or you can buy bitcoin at this cheap price you will earn profit once bitcoin bounce again.

[Felic43]

Is better to hodl now price is so dip and we hoping for bull run this December 5600 dollar is so low this time for someone to sell