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Author Topic: BITCOIN DROPS TO $5,600. HOLD OR SELL?  (Read 2484 times)
coin_1122
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November 19, 2018, 03:07:21 AM
 #241

It is impossible to predict the price whether it will increase or decrease but we have to move according to market. Now it is not the right decision to buy the bitcoin instead of selling them in the market. We need to have little patience when the market is in huge fluctuations it might damage your investment.

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November 19, 2018, 03:13:24 AM
 #242

It depends on your strategy because I am sure that we have different strategies. I think if people want to use bitcoin for a long-term investment, then they should not worry about the up and down of the price and they still hold the bitcoin. But if you have a short-term investment, then hold is not for you and if you sell right now, you need to calculate how much loss you will get and do you accept your loss or not. I think if we bought bitcoin at a higher price and then the price is dropping like now, we need to hold it and rebuy bitcoin because this is the good time to add more bitcoin in your wallet.

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November 19, 2018, 03:37:24 AM
 #243

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.

There's no point in selling BTC now when price is so low. Better wait and hodl. And buy, if you have money to invest. It's such a perfect moment to buy bitcoin now, I wonder why someone may decide to sell it.
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November 19, 2018, 04:04:57 AM
 #244

Bitcoin and crypto are going to drop more free fall even. Another 50% potentially. right through Christmas and the new year. We will not see a turn around on the Bear market until Maybe March then a slow rise gaining strength I doubt wether we will see bitcoin above 8k before 2020
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November 19, 2018, 08:12:46 AM
 #245

With what I'm seeing, I think Bitcoin is still going to fall drastically before this year runs out. But, I'm not sure whether to hold my coin or still sell because I've lost a lot of money while holding bitcoin, and I wouldn't think of selling it off at this moment. I still believe there will be a positive change. Let's wait till then.

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November 19, 2018, 08:23:59 AM
 #246

I would say it is definitely a buy time if you believe the price won't go any lower but I won't be buying from this price, I am not selling neither but I won't be buying. I would suggest holding is the best option for now because there is literally no reason to sell at this low price, it will eventually go up, it may stay here for a while but it won't be at this price for years.

Hence, if you want to hold or sell depends on how much money you have and how long you can hang tight. If you need the money than you should sell and pay for whatever you needed in the first place, however if you can afford to not look at the price and just forget about the investment for a while I suggest you should do that, that way you can wait until it goes back up even if its 6 months to a year.
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November 19, 2018, 08:24:10 AM
 #247

The fact is that JP Morgan’s clients bought Bitcoin during this most recent dip. You can look at this in a number of different ways, but I don't think they are fools.
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November 19, 2018, 08:30:54 AM
 #248

Yeah,almost all traders in the market have suffered serious losses with the last fall (except cukong) certainly hodl.. ultimately the market will come back to green we want.
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November 19, 2018, 10:28:31 AM
 #249

What is so worried about bitcoin? Well, he fell, adjusted and all. Panic out of the blue does not lead to anything good
People can keep panicking for all I care, over time, they will get to learn eventually and even if they refuse to learn, that is pretty much their own cup of tea. Holding right now is always the best option for someone who has been holding ever since, and in such cases like this, buying more if you have the funds to do so, is always another good option.

Selling when the market is pretty low and could reverse at any time, is more like the dumbest idea anyone would ever come up with, and that is why anyone who is busy panicking now and selling for loss, is the dumbest I have ever seen.

 
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November 19, 2018, 11:41:51 AM
 #250

Many new investors are frightened because of such a situation in the cryptocurrency market. But it seems to me that we must remain calm, because the market will recover sometime.

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November 19, 2018, 11:53:55 AM
 #251

my advice, the best step now is to keep hold. because prices are dropping like this it won't profit if you sell it. maybe some people think the bitcoin price can go down further and intend to sell it. but for me it's normal, I believe bitcoin will go up in price again

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November 19, 2018, 12:04:08 PM
 #252

I have been expecting this for long time now but seize to come as BTC find it difficult to break 5800-6000 but here we are today but and in fully and not going to USD but will hold and trade alts like normal trader.

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November 19, 2018, 12:14:31 PM
 #253

I was wrong previous times when sayed that need to hold BTC and that price is cheapest. Now the market say own rules and now I think that BTC will fallen even more. And that will be not a surprize if i am mistaken again.

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November 19, 2018, 12:16:57 PM
 #254

LOL, you people, you shall stop posting shit and turn on your minds, trust me, no ones gives a shit whether you win or you lose, think, think, think to make your portfolio on profit.
This all happens, you shall predict it and save your money, if you're losing since the 1st day, you shall think about another strategie.
Best of luck.

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November 19, 2018, 12:22:13 PM
 #255

The owners themselves should decide what to do with it in such a situation, but personally I would not hurry, because the market will definitely return to growth!
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November 19, 2018, 12:32:44 PM
 #256

This already happened before so definitely they already knows how to handle about it. This is how risky crypto which things can be happen without prior noticed. Currently, it continue to drop which it would also trigger for those who have some hodling bigger assets. It's up to them on how will make a way but if they extend their patience, them maybe they need to wait a little bit longer.
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November 19, 2018, 12:34:47 PM
 #257

If you can, buy bitcoin without even thinking. Today's fall does not mean that it is over. And if you have savings in bitcoin, then do not sell it for anything.
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November 19, 2018, 12:36:59 PM
 #258

Yes there have been speculations that the fall might go lower than this.We are going to the moon during the next two months, at least I believe in this.Whether you like it or not recovering is not impossible as long as crypto is not dead. There is always a chance of better things to come than nothing to expect while we are in volatile place
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November 19, 2018, 12:37:05 PM
 #259

BTC from 20K to 5K what do you think you should do? lmao...
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November 19, 2018, 01:27:54 PM
 #260

I think it is best to sell the BTC now and withdraw alts to fiat money. Crypto market will be in a fever for a few more weeks and it is completely incomprehensible how events will develop further. Perhaps the fall will sharply increase and you can lose a significant portion of deposits. It is better to wait out the storm in the safe haven of the US Dolllar.
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