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

[Dima95]

My thoughts is that btc is very close to the bottom around 4800. That`s why 5600 is not the right level to act. Wait for the 5k at least and watch for the volume

[valek.bruno]

I always say the same thing that I will not sell BTC until the price of BTC is higher than $ 50,000 for 1 BTC, so I’m not at all worried about what will happen in the future and how it will develop in the near future.

[HauntOne]

In my opinion, you shouldn’t worry so much about the fall in the price of Bitcoin, it’s just like another whale divorce I’d keep going hold it

[darkangel]

BTC from 20K to 5K what do you think you should do? lmao...

Sadly when it happened, it went against 2017 when the BTC price from 3000$ went up 20000$. How happy we are now we are scared, surely BTC will go down below 5000$ maybe 3000$ will come

[Tasiril]

I think this is ending this market cycle. But problem is what is the bottom. It can be drop around 4000 area. It will take some time to start next market cycle. This is my thoughts. But every time crypto made us surprise. I think it would be better sell some part.

[Erzinnum]

Always think with your own head:) As for me, i will wait for the deeper levels, around 3k according to my forecast. However, i have entered the log position already with the 1/5 of my depo

[Lucky7btc]

BTC from 20K to 5K what do you think you should do? lmao...

Sadly when it happened, it went against 2017 when the BTC price from 3000$ went up 20000$. How happy we are now we are scared, surely BTC will go down below 5000$ maybe 3000$ will come

Exactly!!! They got the $hit so backward. You hold while it increasing. But once you see it falling you sell. No they want to hold while its crashing LMAO!!!!

[elrugrim]

Now really sharp things are happening for those who do not understand the crypto market. Money in the crypto market is earned by pumping them from one coin to another, which is exactly what is happening now. Big players want to lower the price of bitcoin as low as it will be necessary to start a panic sale.

[RobotNIK]

A bull trend may not even come soon, nevertheless, I would not be in a hurry to sell, because anyway there will be growth!

[ninabobo]

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 have bitcoin and buy at a price of 8k, if I sell it now I have a big loss. I want to feel like selling it but I believe that bitcoin will grow again even though it isn't for now. yes, the storm will pass
the existence of bitcoin has been more than 10 years. I think our community believes that bitcoin will be able to grow again

[rippar]

Guess it is a good price to buy it in a long term, because there are a lot of great fundamental news, which will help BTC to go higher. Just remember Bakkt platform.

[Golftech]

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 have bitcoin and buy at a price of 8k, if I sell it now I have a big loss. I want to feel like selling it but I believe that bitcoin will grow again even though it isn't for now. yes, the storm will pass
the existence of bitcoin has been more than 10 years. I think our community believes that bitcoin will be able to grow again

The momentum will change though no can say when will be the right time but just what you've said bitcoin already survive for more than 10 years
and things fluctuate like before, the stormy days will end and sun will start to showed up, believe and trust your own instinct if it's needed to extend
your waiting period better than losing your money.

[vike]

Be sure that bitcoin and the rest of the main coins of the market will fall even lower because there will never be coins that are not backed by anything, it’s just supply and demand in the market 

[tonyvo2017]

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?

  A lot of difficulties have occurred and that has made bitcoin prices fall sharply this year. Although no one is sure that it will be reduced now. But be patient because I think the price of bitcoin will increase again because the market is showing signs of recovery. The number of bitcoin buyers is increasing again

[Dimm_bounty13]

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.

Very thoughtful and balanced advice! I recommend all newcomers, who don't know what to do in similar situations, to listen to it! Ofc, you should adopt the advice to your tasks, however, it remains valuable!

[Galley]

Everyone waited so long for Bitcoin to grow in value. And again we see a fall, and surely many are no longer as confused as they used to be. Already accustomed to waiting, wait for more. Sell at a loss wanting a little. Wins the most patient.

[tytanhamon04]

To my surprise, the price went even lower, it's terrible what ! But I think that those who are on the market now, to get out of it is not worth it, but this is only my opinion !

[baskanx]

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?

Bitcoin dropped huge but I wont sell btc from this prices, it can see 4k maybe but this is buying opportunity according to me so I dont recommend for selling from cheap price. I will buy more btc if it drops under 4k dollar.

[tornikejr]

The worst decision you can make is to sell your BTC at current price. I think sooner or later situation on the market will change and price of BTC will rise again.

[Lucky7btc]

The worst decision you can make is to sell your BTC at current price. I think sooner or later situation on the market will change and price of BTC will rise again.

You are going to say the same thing when BTC head sub $1,000 and that's where it's heading. BTC was only a prototype (text) for the new crypto that they will use for the world economy. BTC is old, slow, outdated and uses too much electricity. It has no use for the globalists.