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Author Topic: Fall! What to do?  (Read 377 times)
iTradeBit (OP)
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November 20, 2018, 11:57:57 AM
 #1

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?
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November 20, 2018, 12:36:40 PM
 #2

As long as some expect predictions of the price could not fall in line as expected am well convinced that for now anything is possible with bitcoin and wont be shocked to see an increase in prices so soon. to me is time to buy and wait for the good season of price..

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November 20, 2018, 12:41:04 PM
 #3

As long as some expect predictions of the price could not fall in line as expected am well convinced that for now anything is possible with bitcoin and wont be shocked to see an increase in prices so soon. to me is time to buy and wait for the good season of price..
Your thinking is similar to mine, I believe Bitcoin's lowest price can reach is $ 4000 and can not be lower than this price. Investors are still preparing big investments until Bitcoin reaches the ideal price for their money. This is likely to be the last of the price adjustment in 2018 as we are approaching December.

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November 20, 2018, 12:45:16 PM
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As long as some expect predictions of the price could not fall in line as expected am well convinced that for now anything is possible with bitcoin and wont be shocked to see an increase in prices so soon. to me is time to buy and wait for the good season of price..
Your thinking is similar to mine, I believe Bitcoin's lowest price can reach is $ 4000 and can not be lower than this price. Investors are still preparing big investments until Bitcoin reaches the ideal price for their money. This is likely to be the last of the price adjustment in 2018 as we are approaching December.

I believe... In one coin.  yeah, I would probably stay away from hardcore beliefs around cryptocurrencies. It can and probably will go below $4k, as it was under $1k only a short 2years ago...   It is a volatile market.

But things should get better at some point. losing 25% every few days is brutal

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November 20, 2018, 01:08:09 PM
 #5

I am sure that the market decline will last until the end of December. Bitcoin can reach the price of $ 2,200, and after Christmas, the growth of cryptocurrency will start and the market will start to recover

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November 20, 2018, 01:09:16 PM
 #6

What do do?...Nothing.Just wait and HODL.That's what I'm going at the moment.
Just relax and stop watching the price movements.
In my previous posts,I had doubts that this price crash will be as brutal as the December 2013 price crash.
Maybe I was wrong,it will be a bloodbath for the noobs and traders,but I'm not frustrated.I just HODL.

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November 20, 2018, 01:13:28 PM
 #7

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time?
No one knows.

What to do with the crypto portfolio?
You either hold it out, or you sell. Which option should you choose? It completely depends on your financial situation. Some poor dude might need to send his holdings due to him needing the money, but some other dude might be bullish longterm and not need the money soon. It's different for everyone. Only you can answer your question.

And can you expect a sharp rise like the current fall, after the new year?
While it can rise anytime, it can also continue to fall. Again, no one knows.

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November 20, 2018, 01:14:27 PM
 #8

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?

First of all, don't panic! All economic processes have their ups and downs and if we pay attention only to downs, we can loose a lot by our fear.
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November 20, 2018, 01:15:44 PM
 #9

No one knows what will happen next in the market but the best thing for now is to save your fund and only left is the amount that you can afford to lose. I think and i feel that many huge investors are continuous pulling out their investment because they feel bad in bitcoin now.

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November 20, 2018, 01:16:08 PM
 #10

Friends good father went to work in the 1930's for 25-cents an hour, 50 hours a week.  Considered a livable wage a the time.

Not now.  US dollar has been dropping in value by about 5% per year.

Keep slowly investing in Bitcoin and hold it.  Doing so and you may find its value increases massively as it has done several times in the past.


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November 20, 2018, 01:21:29 PM
 #11

Instead of thinking about the fall or sharp rise of bitcoin why don't you just take advantage of its current price? What I'm saying is that the market today is volatile even the bitcoins price is dumping this year you should be aware that from time to time the price of bitcoin changes even if its small but if you take advantage from this little changes you can get a lot of profit but the risk is always present because at the matter of time you can lose an amount of money.


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November 20, 2018, 01:30:04 PM
 #12

As long as some expect predictions of the price could not fall in line as expected am well convinced that for now anything is possible with bitcoin and wont be shocked to see an increase in prices so soon. to me is time to buy and wait for the good season of price..

I agree with this we can say that Bitcoin for now is not that good as what it is last year but I think when new year comes thats the starting point when Bitcoin id a bout to blow ideal price of bitcoin again and campaigns will eventually start to distribute the fair payment for those who invest their time and effort to commit with this platform
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November 20, 2018, 01:30:07 PM
 #13

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?

This is the panic moment, BTC dropped around $1000 in last 2 day, I would suggest you to keep holding your assets, market is already in deep red, there is no point of selling anything at this moment, I have lost around 1/3 of my money invested few days back but now I will not take out my remaining amount rather I would wait for the market reaction to this blood bath.

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November 20, 2018, 01:42:31 PM
 #14

I will try to holding as long as I can. I still believe Bitcoin will rebound again when Bitcoin touch $5000 each. I hope the war between BCHSV and BCHABC will over and Bitcoin will be going up again with new ATH. I wish.
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November 20, 2018, 01:46:52 PM
 #15

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?
the current fall in the value of bitcoin has indeed become a trending topic in all crypto forums, panic is currently happening to current bitcoin holders, a decline like this has indeed just happened and this has been a deteriorating value from the previous year.
the increase will not happen quickly, it needs a long process to restore it


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November 20, 2018, 01:51:10 PM
 #16

If you have the money to trade against the trend, reverse it and help bitcoin, sure you can do it, but for now there's not much to do if you don't have the money. You just have to wait the storm over and hope that bitcoin still recovers (like it always does). For now, many have cut losses and accepted defeat short-term, but if you are a pretty optimistic lad you wouldn't be moved by the rapid price decreases and lots of setbacks along the way.

There's always the sell button waiting for you to offload your coins, but it'd be best to just hold and forget about it until such time that the market is alive again and your coins are in profit once more.

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November 20, 2018, 01:58:04 PM
 #17

Bitcoin is approaching 4000. Do you think the currency will be falling for a long time? What to do with the crypto portfolio? And can you expect a sharp rise like the current fall, after the new year?

You can stay put and wait for the recovery of bitcoin's value or you can go find a coin that has less volatility like USDT to be your safe haven in times of dips.
Some even took advantage of this dips by purchasing more bitcoin. I'm pretty certain that if you go for long term investment when it comes to bitcoin you
will surely profit. Just let it sleep like 2-3 years and wait for some huge profit. The crypto market will surely correct itself anytime soon from this bloodbath.
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November 20, 2018, 01:59:17 PM
 #18

As long as some expect predictions of the price could not fall in line as expected am well convinced that for now anything is possible with bitcoin and wont be shocked to see an increase in prices so soon. to me is time to buy and wait for the good season of price..
Your thinking is similar to mine, I believe Bitcoin's lowest price can reach is $ 4000 and can not be lower than this price. Investors are still preparing big investments until Bitcoin reaches the ideal price for their money. This is likely to be the last of the price adjustment in 2018 as we are approaching December.

that is the mindset on bitcoin the movement is normal and it cant remain down, all we need is to continue to buy and keep and remain positive, i also believe that the season is also a factor, even some fiat currencies are falling , no fears no negativity and no holding back. but even if it drops beyond expectations, it does not mean that it will not rise again even to a reasonable level
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November 20, 2018, 02:00:36 PM
 #19

Nobody can give any accurate predictions as to exactly what we should expect next in respect of cryptocurrencies price. The honest truth is that there will be a reversal from this prolonged downtrend. I don't know when. Those who remain calm will reap it later.
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November 20, 2018, 02:01:57 PM
 #20

Just don't panic, that is the first advice and don't make reckless decisions.
Of course your position depends primarily how much and on what price have you bought your coins but don't rush with selling.
I don't expect some deeper fall and to my estimation the price will start to recover soon so have a little bit more patience. Hope that you have invested funds that you don't need for daily existance, that makes decision lot more easier.

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